# EDGAR Filing Document

**Accession Number:** 0001643174
**File Stem:** 0000894189-26-013906
**Filing Date:** 2026-4
**Character Count:** 73311
**Document Hash:** 14bf15de1a89149391a0b0979cdc427a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-013906.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0000894189-26-013906

**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:** 26915991

**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 Managed Risk ETF (Series ID: S000093288)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000261453 | Horizon Managed Risk ETF | SFTY            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Horizon Managed Risk ETF** | **Horizon Managed Risk ETF** | **Horizon Managed Risk ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** |
| **COMMON STOCKS - 92.0%** | **Shares** | **Value**  |
| **Aerospace & Defense - 2.9%** | **Aerospace & Defense - 2.9%** | |
| General Dynamics Corp. | 3633 | $1297163 |
| General Electric Co. | 5432 | 1859156 |
| Howmet Aerospace, Inc. | 4112 | 1079523 |
| L3Harris Technologies, Inc. | 2896 | 1055708 |
| Lockheed Martin Corp. | 2086 | 1372755 |
| Northrop Grumman Corp. | 1928 | 1396605 |
| RTX Corp. | 9217 | 1867548 |
|  |  | 9928458 |
| **Air Freight & Logistics - 0.3%** | **Air Freight & Logistics - 0.3%** |  |
| FedEx Corp. | 3079 | 1191573 |
| **Automobiles - 1.6%** | **Automobiles - 1.6%** |  |
| Ford Motor Co. | 121284 | 1708892 |
| General Motors Co. | 25719 | 2024342 |
| Tesla, Inc. <sup>(a)</sup> | 4175 | 1680479 |
|  |  | 5413713 |
| **Banks - 2.9%** | **Banks - 2.9%** |  |
| Bank of America Corp. | 51018 | 2542227 |
| Citigroup, Inc. | 14689 | 1618581 |
| JPMorgan Chase & Co. | 9487 | 2848946 |
| PNC Financial Services Group, Inc. | 3502 | 743650 |
| US Bancorp | 15979 | 873412 |
| Wells Fargo & Co. | 17804 | 1450136 |
|  |  | 10076952 |
| **Beverages - 1.7%** | **Beverages - 1.7%** |  |
| Coca-Cola Co. | 33889 | 2763987 |
| Monster Beverage Corp. <sup>(a)</sup> | 13616 | 1161445 |
| PepsiCo, Inc. | 12507 | 2122938 |
|  |  | 6048370 |
| **Biotechnology - 2.0%** | **Biotechnology - 2.0%** |  |
| AbbVie, Inc. | 13121 | 3045122 |
| Amgen, Inc. | 2728 | 1058900 |
| Gilead Sciences, Inc. | 10144 | 1510949 |
| Regeneron Pharmaceuticals, Inc. | 913 | 713665 |
| Vertex Pharmaceuticals, Inc. <sup>(a)</sup> | 1200 | 596196 |
|  |  | 6924832 |
| **Broadline Retail - 1.2%** | **Broadline Retail - 1.2%** |  |
| Amazon.com, Inc. <sup>(a)</sup> | 19612 | 4118520 |
| **Building Products - 0.3%** | **Building Products - 0.3%** |  |
| Trane Technologies PLC | 2570 | 1188162 |
| **Capital Markets - 3.3%** | **Capital Markets - 3.3%** |  |
| Bank of New York Mellon Corp. | 7494 | 892535 |
| Blackrock, Inc. | 1050 | 1116392 |
| Charles Schwab Corp. | 19046 | 1813179 |
| CME Group, Inc. | 3148 | 1005786 |
| Goldman Sachs Group, Inc. | 1234 | 1060709 |
| Intercontinental Exchange, Inc. | 5048 | 828528 |
| Moody's Corp. | 1591 | 759846 |
| Morgan Stanley | 9047 | 1506416 |
| Nasdaq, Inc. | 8247 | 722272 |
| Robinhood Markets, Inc. - Class A <sup>(a)</sup> | 7642 | 579646 |
| S&P Global, Inc. | 2770 | 1224008 |
|  |  | 11509317 |
| **Chemicals - 0.8%** | **Chemicals - 0.8%** |  |
| Corteva, Inc. | 10791 | 864575 |
| Linde PLC | 2259 | 1147753 |
| Sherwin-Williams Co. | 2065 | 748748 |
|  |  | 2761076 |
| **Commercial Services & Supplies - 0.6%** | **Commercial Services & Supplies - 0.6%** |  |
| Republic Services, Inc. | 4383 | 1003707 |
| Waste Management, Inc. | 4873 | 1173613 |
|  |  | 2177320 |
| **Communications Equipment - 1.1%** | **Communications Equipment - 1.1%** |  |
| Arista Networks, Inc. <sup>(a)</sup> | 9004 | 1202034 |
| Cisco Systems, Inc. | 27045 | 2148996 |
| Motorola Solutions, Inc. | 855 | 412332 |
|  |  | 3763362 |
| **Consumer Finance - 0.6%** | **Consumer Finance - 0.6%** |  |
| American Express Co. | 6268 | 1936185 |
| **Consumer Staples Distribution & Retail - 3.0%** | **Consumer Staples Distribution & Retail - 3.0%** |  |
| Costco Wholesale Corp. | 3477 | 3514517 |
| Walmart, Inc. | 53747 | 6876928 |
|  |  | 10391445 |
| **Diversified Telecommunication Services - 0.3%** | **Diversified Telecommunication Services - 0.3%** |  |
| AT&T, Inc. | 16558 | 463789 |
| Verizon Communications, Inc. | 8576 | 430001 |
|  |  | 893790 |
| **Electric Utilities - 1.8%** | **Electric Utilities - 1.8%** |  |
| American Electric Power Co., Inc. | 12054 | 1613066 |
| Constellation Energy Corp. | 4090 | 1349209 |
| Duke Energy Corp. | 12255 | 1603567 |
| NextEra Energy, Inc. | 18989 | 1780599 |
|  |  | 6346441 |
| **Electrical Equipment - 1.0%** | **Electrical Equipment - 1.0%** |  |
| AMETEK, Inc. | 4086 | 977453 |
| Eaton Corp. PLC | 2053 | 771764 |
| GE Vernova, Inc. | 1785 | 1559376 |
|  |  | 3308593 |
| **Electronic Equipment, Instruments & Components - 0.6%** | **Electronic Equipment, Instruments & Components - 0.6%** |  |
| Amphenol Corp. - Class A | 7647 | 1116921 |
| Corning, Inc. | 3958 | 595204 |
| TE Connectivity PLC | 1385 | 318758 |
|  |  | 2030883 |
| **Entertainment - 0.7%** | **Entertainment - 0.7%** |  |
| Netflix, Inc. <sup>(a)</sup> | 15740 | 1514818 |
| Walt Disney Co. | 4538 | 481209 |
| Warner Bros Discovery, Inc. <sup>(a)</sup> | 14921 | 420325 |
|  |  | 2416352 |
| **Financial Services - 3.7%** | **Financial Services - 3.7%** |  |
| Berkshire Hathaway, Inc. - Class B <sup>(a)</sup> | 15006 | 7577280 |
| Mastercard, Inc. - Class A | 6162 | 3187048 |
| Visa, Inc. - Class A | 6739 | 2157423 |
|  |  | 12921751 |
| **Ground Transportation - 1.0%** | **Ground Transportation - 1.0%** |  |
| CSX Corp. | 24464 | 1044368 |
| Uber Technologies, Inc. <sup>(a)</sup> | 18167 | 1370155 |
| Union Pacific Corp. | 4427 | 1173067 |
|  |  | 3587590 |
| **Health Care Equipment & Supplies - 1.6%** | **Health Care Equipment & Supplies - 1.6%** |  |
| Abbott Laboratories | 12063 | 1403530 |
| Boston Scientific Corp. <sup>(a)</sup> | 10577 | 812843 |
| Edwards Lifesciences Corp. <sup>(a)</sup> | 4007 | 346485 |
| Intuitive Surgical, Inc. <sup>(a)</sup> | 2503 | 1260286 |
| Medtronic PLC | 10070 | 983436 |
| Stryker Corp. | 1674 | 648608 |
|  |  | 5455188 |
| **Health Care Providers & Services - 1.9%** | **Health Care Providers & Services - 1.9%** |  |
| Cardinal Health, Inc. | 1726 | 395651 |
| Cencora, Inc. | 1175 | 437264 |
| Cigna Group | 1274 | 369231 |
| CVS Health Corp. | 10381 | 829442 |
| Elevance Health, Inc. | 1704 | 545280 |
| HCA Healthcare, Inc. | 1930 | 1022321 |
| McKesson Corp. | 801 | 790883 |
| UnitedHealth Group, Inc. | 7237 | 2122395 |
|  |  | 6512467 |
| **Hotels, Restaurants & Leisure - 1.7%** | **Hotels, Restaurants & Leisure - 1.7%** |  |
| Booking Holdings, Inc. | 453 | 1920425 |
| DoorDash, Inc. - Class A <sup>(a)</sup> | 6325 | 1116173 |
| McDonald's Corp. | 8002 | 2729162 |
|  |  | 5765760 |
| **Household Products - 1.0%** | **Household Products - 1.0%** |  |
| Procter & Gamble Co. | 21081 | 3524743 |
| **Industrial Conglomerates - 0.7%** | **Industrial Conglomerates - 0.7%** |  |
| 3M Co. | 5040 | 833213 |
| Honeywell International, Inc. | 6179 | 1505142 |
|  |  | 2338355 |
| **Insurance - 2.1%** | **Insurance - 2.1%** |  |
| Allstate Corp. | 3800 | 815176 |
| Aon PLC - Class A | 2253 | 755814 |
| Chubb Ltd. | 4604 | 1569319 |
| Hartford Insurance Group, Inc. | 5272 | 742456 |
| Marsh & McLennan Cos., Inc. | 4858 | 907183 |
| Progressive Corp. | 6436 | 1375116 |
| Travelers Cos., Inc. | 3162 | 975919 |
|  |  | 7140983 |
| **Interactive Media & Services - 9.0%** | **Interactive Media & Services - 9.0%** |  |
| Alphabet, Inc. - Class A | 82259 | 25645066 |
| Meta Platforms, Inc. - Class A | 8493 | 5504993 |
|  |  | 31150059 |
| **IT Services - 0.4%** | **IT Services - 0.4%** |  |
| Accenture PLC - Class A | 2915 | 608419 |
| International Business Machines Corp. | 3475 | 834730 |
|  |  | 1443149 |
| **Life Sciences Tools & Services - 0.5%** | **Life Sciences Tools & Services - 0.5%** |  |
| Danaher Corp. | 4100 | 863624 |
| Thermo Fisher Scientific, Inc. | 2028 | 1056811 |
|  |  | 1920435 |
| **Machinery - 1.3%** | **Machinery - 1.3%** |  |
| Caterpillar, Inc. | 2710 | 2013069 |
| Cummins, Inc. | 2124 | 1240140 |
| Parker-Hannifin Corp. | 1359 | 1371476 |
|  |  | 4624685 |
| **Media - 0.1%** | **Media - 0.1%** |  |
| Comcast Corp. - Class A | 12289 | 380468 |
| Versant Media Group, Inc. <sup>(a)</sup> | 485 | 16160 |
|  |  | 396628 |
| **Metals & Mining - 0.9%** | **Metals & Mining - 0.9%** |  |
| Freeport-McMoRan, Inc. | 17109 | 1164781 |
| Newmont Corp. | 14532 | 1889160 |
|  |  | 3053941 |
| **Oil, Gas & Consumable Fuels - 4.1%** | **Oil, Gas & Consumable Fuels - 4.1%** |  |
| Chevron Corp. | 18027 | 3366723 |
| ConocoPhillips | 12659 | 1436290 |
| EOG Resources, Inc. | 6087 | 755275 |
| Exxon Mobil Corp. | 34567 | 5271467 |
| Kinder Morgan, Inc. | 27406 | 911798 |
| Marathon Petroleum Corp. | 3486 | 690960 |
| Valero Energy Corp. | 3589 | 734453 |
| Williams Cos., Inc. | 12532 | 936391 |
|  |  | 14103357 |
| **Pharmaceuticals - 4.3%** | **Pharmaceuticals - 4.3%** |  |
| Bristol-Myers Squibb Co. | 14794 | 922702 |
| Eli Lilly & Co. | 4351 | 4577208 |
| Johnson & Johnson | 20212 | 5021267 |
| Merck & Co., Inc. | 22117 | 2738527 |
| Pfizer, Inc. | 44408 | 1227881 |
| Zoetis, Inc. | 2709 | 355150 |
|  |  | 14842735 |
| **Professional Services - 0.2%** | **Professional Services - 0.2%** |  |
| Automatic Data Processing, Inc. | 2862 | 613498 |
| **Real Estate Management & Development - 0.2%** | **Real Estate Management & Development - 0.2%** |  |
| CBRE Group, Inc. - Class A <sup>(a)</sup> | 4454 | 657678 |
| **Semiconductors & Semiconductor Equipment - 13.4%** | **Semiconductors & Semiconductor Equipment - 13.4%** |  |
| Advanced Micro Devices, Inc. <sup>(a)</sup> | 10250 | 2052152 |
| Analog Devices, Inc. | 1470 | 523011 |
| Applied Materials, Inc. | 4102 | 1527175 |
| Broadcom, Inc. | 39860 | 12737263 |
| Intel Corp. <sup>(a)</sup> | 10928 | 498426 |
| KLA Corp. | 452 | 689097 |
| Lam Research Corp. | 9092 | 2126528 |
| Micron Technology, Inc. | 8816 | 3635454 |
| NVIDIA Corp. | 118976 | 21081357 |
| QUALCOMM, Inc. | 7024 | 999937 |
| Texas Instruments, Inc. | 2116 | 448825 |
|  |  | 46319225 |
| **Software - 7.7%** | **Software - 7.7%** |  |
| Adobe, Inc. <sup>(a)</sup> | 2212 | 580451 |
| AppLovin Corp. - Class A <sup>(a)</sup> | 720 | 313035 |
| Autodesk, Inc. <sup>(a)</sup> | 1121 | 275620 |
| Cadence Design Systems, Inc. <sup>(a)</sup> | 1012 | 305017 |
| Intuit, Inc. | 1174 | 480201 |
| Microsoft Corp. | 46617 | 18308361 |
| Oracle Corp. | 17257 | 2509168 |
| Palantir Technologies, Inc. - Class A <sup>(a)</sup> | 18033 | 2473947 |
| Roper Technologies, Inc. | 751 | 262647 |
| Salesforce, Inc. | 5434 | 1058489 |
| ServiceNow, Inc. <sup>(a)</sup> | 1932 | 208675 |
|  |  | 26775611 |
| **Specialty Retail - 3.8%** | **Specialty Retail - 3.8%** |  |
| AutoZone, Inc. <sup>(a)</sup> | 431 | 1618655 |
| Home Depot, Inc. | 8715 | 3317975 |
| Lowe's Cos., Inc. | 6524 | 1726055 |
| O'Reilly Automotive, Inc. <sup>(a)</sup> | 18689 | 1754523 |
| Ross Stores, Inc. | 9770 | 2009103 |
| TJX Cos., Inc. | 17567 | 2839881 |
|  |  | 13266192 |
| **Technology Hardware, Storage & Peripherals - 4.5%** | **Technology Hardware, Storage & Peripherals - 4.5%** |  |
| Apple, Inc. | 56071 | 14812837 |
| Western Digital Corp. | 2216 | 619815 |
|  |  | 15432652 |
| **Tobacco - 1.0%** | **Tobacco - 1.0%** |  |
| Altria Group, Inc. | 21183 | 1462474 |
| Philip Morris International, Inc. | 10505 | 1962649 |
|  |  | 3425123 |
| **Wireless Telecommunication Services - 0.2%** | **Wireless Telecommunication Services - 0.2%** |  |
| T-Mobile US, Inc. | 3760 | 816258 |
| **TOTAL COMMON STOCKS** (Cost $289,005,767) | **TOTAL COMMON STOCKS** (Cost $289,005,767) | 318513407 |
| **EXCHANGE TRADED FUNDS - 6.2%** | **Shares** | **Value**  |
| Roundhill Magnificent Seven ETF | 351903 | 21589249 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $23,768,163) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $23,768,163) | 21589249 |
| **REAL ESTATE INVESTMENT TRUSTS - 1.5%** | **Shares** | **Value**  |
| **Health Care REITs - 0.3%** | **Health Care REITs - 0.3%** |  |
| Welltower, Inc. | 5504 | 1139988 |
| **Industrial REITs - 0.4%** | **Industrial REITs - 0.4%** |  |
| Prologis, Inc. | 8974 | 1279423 |
| **Retail REITs - 0.3%** | **Retail REITs - 0.3%** |  |
| Simon Property Group, Inc. | 4063 | 828243 |
| **Specialized REITs - 0.5%** | **Specialized REITs - 0.5%** |  |
| American Tower Corp. | 4114 | 789312 |
| Equinix, Inc. | 975 | 949904 |
|  |  | 1739216 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $4,372,013) | **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $4,372,013) | 4986870 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **MONEY MARKET FUNDS - 0.3%** | **Shares** | **Value**  |
| First American Government Obligations Fund - Class X, 3.60% <sup>(b)</sup> | 1183966 | 1183966 |
| **TOTAL MONEY MARKET FUNDS** (Cost $1,183,966) | **TOTAL MONEY MARKET FUNDS** (Cost $1,183,966) | 1183966 |
| **TOTAL INVESTMENTS - 100.0% (**Cost $318,329,909**)** | **TOTAL INVESTMENTS - 100.0% (**Cost $318,329,909**)** | 346273492 |
| Other Assets in Excess of Liabilities - 0.0% <sup>(c)</sup> | Other Assets in Excess of Liabilities - 0.0% <sup>(c)</sup> | 128862 |
| **TOTAL NET ASSETS - 100.0%** |  | $346402354 |
| 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) The rate shown represents the 7-day annualized yield as of February 28, 2026.

(c) Represents less than 0.05% of net assets.

------

#### <br>

#### Summary of Fair Value Disclosure as of February 28, 2026 (Unaudited)
Horizon Managed Risk 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>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $318513407 | $– | $– | $318513407 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 21589249 | – | – | 21589249 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts | 4986870 | – | – | 4986870 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 1183966 | – | – | 1183966 |
| Total Investments | $346273492 | $– | $– | $346273492 |
| 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 Managed Risk ETF

- **b. EDGAR series identifier (if any):** S000093288

- **c. LEI of Series:** 529900W007GNZJ0H3X48

**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:** $346605657.96

**Total Liabilities:** $203301.92

**Net Assets:** $346402356.04

**Cash Not Reported:** $15.36

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261453 | -0.31%               | 1.68%                | -0.79%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $485513.58               | $-2015925.57                               |
| Month 2  | $-3.60                   | $5635147.79                                |
| Month 3  | $0.00                    | $-2878440.29                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     10250 | NS      | $2052152.50   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The              | Allstate Corp/The                          | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      3800 | NS      | $815176.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     82259 | NS      | $25645065.84  | 7.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc               | Altria Group Inc                           | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     21183 | NS      | $1462474.32   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     19612 | NS      | $4118520.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                | Cigna Group/The                            | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      1274 | NS      | $369230.68    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                  | CME Group Inc                              | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      3148 | NS      | $1005786.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     27045 | NS      | $2148995.70   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                  | Citigroup Inc                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     14689 | NS      | $1618580.91   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc | American Electric Power Co Inc             | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     12054 | NS      | $1613066.28   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co            | American Express Co                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      6268 | NS      | $1936185.20   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The               | Coca-Cola Co/The                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     33889 | NS      | $2763986.84   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                   | Comcast Corp                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     12289 | NS      | $380467.44    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp            | American Tower Corp                        | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      4114 | NS      | $789312.04    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                     | AMETEK Inc                                 | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      4086 | NS      | $977452.92    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                 | ConocoPhillips                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     12659 | NS      | $1436290.14   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp      | Constellation Energy Corp                  | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      4090 | NS      | $1349209.20   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                    | Corning Inc                                | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      3958 | NS      | $595204.04    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                    | Corteva Inc                                | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     10791 | NS      | $864574.92    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                      | Amgen Inc                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      2728 | NS      | $1058900.48   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                       | CSX Corp                                   | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     24464 | NS      | $1044368.16   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc    | Honeywell International Inc                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      6179 | NS      | $1505142.61   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc           | Howmet Aerospace Inc                       | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      4112 | NS      | $1079523.36   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                     | Intel Corp                                 | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     10928 | NS      | $498426.08    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc  | Intercontinental Exchange Inc              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      5048 | NS      | $828528.24    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                            | International Business Machines Corp       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      3475 | NS      | $834729.75    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                       | KLA Corp                                   | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       452 | NS      | $689096.60    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc              | Kinder Morgan Inc                          | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     27406 | NS      | $911797.62    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc      | L3Harris Technologies Inc                  | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      2896 | NS      | $1055707.84   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp              | Lam Research Corp                          | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      9092 | NS      | $2126527.88   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp           | Lockheed Martin Corp                       | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      2086 | NS      | $1372754.88   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                 | Lowe's Cos Inc                             | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      6524 | NS      | $1726054.68   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp        | Marathon Petroleum Corp                    | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      3486 | NS      | $690960.06    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc       | Marsh & McLennan Cos Inc                   | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      4858 | NS      | $907182.92    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      6162 | NS      | $3187048.02   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                | McDonald's Corp                            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      8002 | NS      | $2729162.12   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                  | McKesson Corp                              | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |       801 | NS      | $790883.37    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      3477 | NS      | $3514516.83   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                      | Chubb Ltd                                  | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |      4604 | NS      | $1569319.44   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                      | Linde PLC                                  | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | US        |      2259 | NS      | $1147752.72   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                  | Medtronic PLC                              | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     10070 | NS      | $983436.20    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The             | Walt Disney Co/The                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      4538 | NS      | $481209.52    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                     | US Bancorp                                 | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     15979 | NS      | $873412.14    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp             | Union Pacific Corp                         | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      4427 | NS      | $1173066.46   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      7237 | NS      | $2122394.99   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp             | Valero Energy Corp                         | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      3589 | NS      | $734452.96    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      8576 | NS      | $430000.64    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Versant Media Group Inc        | Versant Media Group Inc                    | CUSIP: 925283103<br>LEI: 254900D2Q5F5F229PU30 | Long             | EC               | CORP              | US        |       485 | NS      | $16160.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc     | Vertex Pharmaceuticals Inc                 | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      1200 | NS      | $596196.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      6739 | NS      | $2157423.46   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     53747 | NS      | $6876928.65   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc      | Warner Bros Discovery Inc                  | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |     14921 | NS      | $420324.57    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc           | Waste Management Inc                       | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      4873 | NS      | $1173613.32   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co               | Wells Fargo & Co                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     17804 | NS      | $1450135.80   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                  | Welltower Inc                              | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      5504 | NS      | $1139988.48   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc            | Elevance Health Inc                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      1704 | NS      | $545280.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp               | Duke Energy Corp                           | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     12255 | NS      | $1603566.75   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc              | EOG Resources Inc                          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      6087 | NS      | $755274.96    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp      | Edwards Lifesciences Corp                  | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      4007 | NS      | $346485.29    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                    | Equinix Inc                                | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |       975 | NS      | $949903.50    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     34567 | NS      | $5271467.50   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                     | FedEx Corp                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      3079 | NS      | $1191573.00   | 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        |   1183951 | NS      | $1183950.82   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co                  | Ford Motor Co                              | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    121284 | NS      | $1708891.56   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly & Co                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      4351 | NS      | $4577208.49   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc             | NextEra Energy Inc                         | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     18989 | NS      | $1780598.53   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp          | Northrop Grumman Corp                      | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      1928 | NS      | $1396604.64   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    118976 | NS      | $21081357.44  | 6.09%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc        | O'Reilly Automotive Inc                    | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     18689 | NS      | $1754523.32   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     17257 | NS      | $2509167.80   | 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        |      3502 | NS      | $743649.70    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     18033 | NS      | $2473947.27   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp           | Parker-Hannifin Corp                       | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      1359 | NS      | $1371475.62   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                    | PepsiCo Inc                                | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     12507 | NS      | $2122938.18   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                     | Pfizer Inc                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     44408 | NS      | $1227881.20   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In | Philip Morris International Inc            | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     10505 | NS      | $1962649.15   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The        | Procter & Gamble Co/The                    | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     21081 | NS      | $3524743.20   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The           | Progressive Corp/The                       | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      6436 | NS      | $1375115.76   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                   | Prologis Inc                               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |      8974 | NS      | $1279423.18   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      7024 | NS      | $999936.64    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                 | Eaton Corp PLC                             | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |      2053 | NS      | $771763.76    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     39860 | NS      | $12737263.00  | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc     | Cadence Design Systems Inc                 | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      1012 | NS      | $305016.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc            | Cardinal Health Inc                        | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      1726 | NS      | $395650.98    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                | Caterpillar Inc                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      2710 | NS      | $2013069.30   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp           | Western Digital Corp                       | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |      2216 | NS      | $619815.20    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The           | Williams Cos Inc/The                       | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     12532 | NS      | $936391.04    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                     | Zoetis Inc                                 | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      2709 | NS      | $355149.90    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc           | Freeport-McMoRan Inc                       | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     17109 | NS      | $1164780.72   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                 | GE Vernova Inc                             | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      1785 | NS      | $1559376.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp          | General Dynamics Corp                      | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      3633 | NS      | $1297162.65   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co            | General Electric Co                        | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      5432 | NS      | $1859156.32   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co              | General Motors Co                          | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     25719 | NS      | $2024342.49   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc            | Gilead Sciences Inc                        | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     10144 | NS      | $1510948.80   | 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        |      1234 | NS      | $1060709.38   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc             | HCA Healthcare Inc                         | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      1930 | NS      | $1022321.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/T | Hartford Insurance Group Inc/The           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      5272 | NS      | $742455.76    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      8715 | NS      | $3317974.80   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                       | AT&T Inc                                   | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     16558 | NS      | $463789.58    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                    | Cencora Inc                                | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      1175 | NS      | $437264.50    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      7647 | NS      | $1116920.82   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc             | Analog Devices Inc                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      1470 | NS      | $523011.30    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     56071 | NS      | $14812836.78  | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc          | Applied Materials Inc                      | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      4102 | NS      | $1527174.60   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                  | AppLovin Corp                              | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |       720 | NS      | $313034.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                        | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      9004 | NS      | $1202034.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                   | Autodesk Inc                               | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      1121 | NS      | $275620.27    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc  | Automatic Data Processing Inc              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      2862 | NS      | $613498.32    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc                   | AutoZone Inc                               | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       431 | NS      | $1618654.98   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp           | Bank of America Corp                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     51018 | NS      | $2542226.94   | 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        |      7494 | NS      | $892535.40    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc         | Berkshire Hathaway Inc                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     15006 | NS      | $7577279.70   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                  | Blackrock Inc                              | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      1050 | NS      | $1116391.50   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc           | Booking Holdings Inc                       | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       453 | NS      | $1920425.55   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc       | Simon Property Group Inc                   | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      4063 | NS      | $828242.55    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                   | Stryker Corp                               | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      1674 | NS      | $648608.04    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp         | Boston Scientific Corp                     | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     10577 | NS      | $812842.45    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co        | Bristol-Myers Squibb Co                    | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     14794 | NS      | $922701.78    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                 | CBRE Group Inc                             | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      4454 | NS      | $657677.64    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                | CVS Health Corp                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     10381 | NS      | $829441.90    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                   | Chevron Corp                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18027 | NS      | $3366722.52   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                    | Cummins Inc                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      2124 | NS      | $1240139.88   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                   | Danaher Corp                               | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      4100 | NS      | $863624.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                   | DoorDash Inc                               | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |      6325 | NS      | $1116172.75   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      1174 | NS      | $480201.22    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc         | Intuitive Surgical Inc                     | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      2503 | NS      | $1260285.53   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      9487 | NS      | $2848946.10   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson              | Johnson & Johnson                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     20212 | NS      | $5021267.16   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     19046 | NS      | $1813179.20   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                        | Aon PLC                                    | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | GB        |      2253 | NS      | $755813.91    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     17567 | NS      | $2839881.22   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                | T-Mobile US Inc                            | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      3760 | NS      | $816258.40    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      4175 | NS      | $1680479.25   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc          | Texas Instruments Inc                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      2116 | NS      | $448824.76    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc   | Thermo Fisher Scientific Inc               | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      2028 | NS      | $1056811.08   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The          | Travelers Cos Inc/The                      | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      3162 | NS      | $975919.68    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc          | Uber Technologies Inc                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     18167 | NS      | $1370155.14   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC            | TE Connectivity PLC                        | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |      1385 | NS      | $318757.75    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                      | Adobe Inc                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      2212 | NS      | $580450.92    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      8493 | NS      | $5504992.74   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Roundhill Magnificent Seven ET | Roundhill Magnificent Seven ETF            | CUSIP: 53656G498<br>LEI: 549300XYABGAKA0WAI17 | Long             | EC               | RF                | US        |    351903 | NS      | $21589249.05  | 6.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     22117 | NS      | $2738526.94   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      8816 | NS      | $3635453.92   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                       | RTX Corp                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      9217 | NS      | $1867548.54   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc  | Regeneron Pharmaceuticals Inc              | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       913 | NS      | $713664.71    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc          | Republic Services Inc                      | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      4383 | NS      | $1003707.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |      7642 | NS      | $579645.70    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc         | Roper Technologies Inc                     | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |       751 | NS      | $262647.23    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                | Ross Stores Inc                            | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      9770 | NS      | $2009102.80   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                 | S&P Global Inc                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      2770 | NS      | $1224007.60   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                 | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      5434 | NS      | $1058488.86   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                 | ServiceNow Inc                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      1932 | NS      | $208675.32    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC         | Trane Technologies PLC                     | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |      2570 | NS      | $1188162.40   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The        | Sherwin-Williams Co/The                    | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      2065 | NS      | $748748.35    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories            | Abbott Laboratories                        | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     12063 | NS      | $1403530.05   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                     | AbbVie Inc                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     13121 | NS      | $3045121.68   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     46617 | NS      | $18308360.58  | 5.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp          | Monster Beverage Corp                      | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     13616 | NS      | $1161444.80   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                   | Moody's Corp                               | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      1591 | NS      | $759845.69    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                 | Morgan Stanley                             | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      9047 | NS      | $1506415.97   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc         | Motorola Solutions Inc                     | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |       855 | NS      | $412332.30    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                     | Nasdaq Inc                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |      8247 | NS      | $722272.26    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     15740 | NS      | $1514817.60   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     14532 | NS      | $1889160.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                          | 3M Co                                      | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      5040 | NS      | $833212.80    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                  | Accenture PLC                              | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |      2915 | NS      | $608418.80    | 0.18%             |  |  |  | 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