# EDGAR Filing Document

**Accession Number:** 0001643174
**File Stem:** 0000894189-26-000539
**Filing Date:** 2026-1
**Character Count:** 6592
**Document Hash:** 6bb0c7bdef58a3c24a10640f642d8f3d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-000539.hdr.sgml**: 20260114

**ACCESSION NUMBER**: 0000894189-26-000539

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260114

**DATE AS OF CHANGE**: 20260114

**PERIOD START**: 20251130

**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:** 26532855

**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 Nasdaq-100 Defined Risk ETF (Series ID: S000093289)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000261454 | Horizon Nasdaq-100 Defined Risk ETF |  |

## 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 Nasdaq-100 Defined Risk ETF

- **b. EDGAR series identifier (if any):** S000093289

- **c. LEI of Series:** 529900H577C0V8541R20

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-11-30

**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:** $79237288.61

**Total Liabilities:** $434777.24

**Net Assets:** $78802511.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261454 | 4.88%                | 4.49%                | -2.18%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $0.00                    | $0.00                                      |

**Designated Index Information**

- **Index Name:** NASDAQ-100 Total Return Index

- **Index Identifier:** XNDX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |     12484 | NS      | $12484.15     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | QQQ 12/04/2025 624.16 C                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -639 | NC      | $-154305.72   | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | QQQ 12/18/2025 506.69 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -429 | NC      | $-12818.52    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | QQQ 12/18/2025 566.3 P                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       429 | NC      | $56276.22     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | QQQ 01/15/2026 3 C                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1278 | NC      | $78647813.28  | 99.80%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | QQQ 01/15/2026 519.67 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -429 | NC      | $-67854.93    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | QQQ 01/15/2026 580.81 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       429 | NC      | $257760.36    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | QQQ 02/12/2026 497.82 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -429 | NC      | $-97515.99    | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | QQQ 02/12/2026 556.39 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       429 | NC      | $262818.27    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-14

**Name of Applicant:** Horizon Funds

**Signature:** /s/ Matthew Chambers

**Name of Signer:** Matthew Chambers

**Title:** Chief Compliance Officer