Ultra Fund - Schedule of Investments | ||
JANUARY 31, 2023 (UNAUDITED) |
Shares/ Principal Amount ($) | Value ($) | |||||||
COMMON STOCKS — 99.6% | ||||||||
Automobiles — 3.4% | ||||||||
Tesla, Inc.(1) | 3,127,662 | 541,773,612 | ||||||
Banks — 0.3% | ||||||||
JPMorgan Chase & Co. | 322,000 | 45,067,120 | ||||||
Beverages — 1.8% | ||||||||
Constellation Brands, Inc., Class A | 1,263,000 | 292,409,760 | ||||||
Biotechnology — 3.9% | ||||||||
Genmab A/S(1) | 333,000 | 130,501,520 | ||||||
Gilead Sciences, Inc. | 538,000 | 45,159,720 | ||||||
Regeneron Pharmaceuticals, Inc.(1) | 597,598 | 453,260,155 | ||||||
628,921,395 | ||||||||
Building Products — 1.3% | ||||||||
Advanced Drainage Systems, Inc. | 1,367,000 | 137,848,280 | ||||||
Johnson Controls International PLC | 1,121,000 | 77,987,970 | ||||||
215,836,250 | ||||||||
Capital Markets — 1.4% | ||||||||
MSCI, Inc. | 428,994 | 228,036,051 | ||||||
Chemicals — 0.6% | ||||||||
Ecolab, Inc. | 615,000 | 95,220,450 | ||||||
Commercial Services and Supplies — 0.6% | ||||||||
Copart, Inc.(1) | 1,360,808 | 90,643,421 | ||||||
Distributors — 0.7% | ||||||||
Pool Corp. | 291,000 | 112,212,510 | ||||||
Electrical Equipment — 0.8% | ||||||||
Acuity Brands, Inc. | 713,000 | 134,414,760 | ||||||
Electronic Equipment, Instruments and Components — 1.2% | ||||||||
Cognex Corp. | 655,462 | 35,879,990 | ||||||
Fortive Corp. | 1,432,000 | 97,418,960 | ||||||
Keyence Corp. | 127,600 | 58,743,053 | ||||||
192,042,003 | ||||||||
Energy Equipment and Services — 0.4% | ||||||||
Schlumberger Ltd. | 1,126,000 | 64,159,480 | ||||||
Entertainment — 1.8% | ||||||||
Netflix, Inc.(1) | 503,000 | 177,991,580 | ||||||
Walt Disney Co.(1) | 956,755 | 103,798,350 | ||||||
281,789,930 | ||||||||
Food and Staples Retailing — 2.2% | ||||||||
Costco Wholesale Corp. | 676,413 | 345,741,741 | ||||||
Health Care Equipment and Supplies — 5.9% | ||||||||
Contra Abiomed, Inc.(1) | 281,340 | 286,967 | ||||||
DexCom, Inc.(1) | 1,460,000 | 156,351,400 | ||||||
Edwards Lifesciences Corp.(1) | 2,059,000 | 157,925,300 | ||||||
IDEXX Laboratories, Inc.(1) | 357,162 | 171,616,341 | ||||||
Insulet Corp.(1) | 583,000 | 167,507,560 | ||||||
Intuitive Surgical, Inc.(1) | 1,228,287 | 301,777,833 | ||||||
955,465,401 | ||||||||
Health Care Providers and Services — 3.9% | ||||||||
UnitedHealth Group, Inc. | 1,271,000 | 634,470,490 | ||||||
Hotels, Restaurants and Leisure — 3.0% | ||||||||
Chipotle Mexican Grill, Inc.(1) | 197,000 | 324,336,860 |
Wingstop, Inc. | 977,706 | 154,937,070 | ||||||
479,273,930 | ||||||||
Household Durables — 0.1% | ||||||||
Sonos, Inc.(1) | 979,000 | 18,052,760 | ||||||
Interactive Media and Services — 7.9% | ||||||||
Alphabet, Inc., Class A(1) | 5,765,580 | 569,869,927 | ||||||
Alphabet, Inc., Class C(1) | 6,325,160 | 631,693,729 | ||||||
Meta Platforms, Inc., Class A(1) | 474,886 | 70,743,768 | ||||||
1,272,307,424 | ||||||||
Internet and Direct Marketing Retail — 5.6% | ||||||||
Amazon.com, Inc.(1) | 8,705,451 | 897,793,161 | ||||||
IT Services — 12.1% | ||||||||
Adyen NV(1) | 121,715 | 184,021,760 | ||||||
Block, Inc.(1) | 1,258,000 | 102,803,760 | ||||||
Mastercard, Inc., Class A | 2,231,449 | 826,975,000 | ||||||
Okta, Inc.(1) | 622,000 | 45,785,420 | ||||||
Visa, Inc., Class A(2) | 3,426,958 | 788,920,001 | ||||||
1,948,505,941 | ||||||||
Life Sciences Tools and Services — 1.1% | ||||||||
Maravai LifeSciences Holdings, Inc., Class A(1) | 1,943,000 | 28,484,380 | ||||||
Waters Corp.(1) | 455,000 | 149,503,900 | ||||||
177,988,280 | ||||||||
Machinery — 2.5% | ||||||||
Donaldson Co., Inc. | 951,750 | 59,341,612 | ||||||
Nordson Corp. | 548,000 | 133,328,400 | ||||||
Westinghouse Air Brake Technologies Corp. | 1,216,147 | 126,248,220 | ||||||
Yaskawa Electric Corp.(2) | 1,947,200 | 76,114,272 | ||||||
395,032,504 | ||||||||
Oil, Gas and Consumable Fuels — 1.7% | ||||||||
EOG Resources, Inc. | 2,124,016 | 280,901,116 | ||||||
Personal Products — 0.3% | ||||||||
Estee Lauder Cos., Inc., Class A | 201,000 | 55,693,080 | ||||||
Pharmaceuticals — 0.9% | ||||||||
Eli Lilly & Co. | 414,000 | 142,478,100 | ||||||
Road and Rail — 1.1% | ||||||||
J.B. Hunt Transport Services, Inc. | 952,765 | 180,120,223 | ||||||
Semiconductors and Semiconductor Equipment — 6.9% | ||||||||
Advanced Micro Devices, Inc.(1) | 1,896,000 | 142,484,400 | ||||||
Analog Devices, Inc. | 1,163,000 | 199,419,610 | ||||||
Applied Materials, Inc. | 2,156,000 | 240,372,440 | ||||||
ASML Holding NV | 190,000 | 125,713,052 | ||||||
NVIDIA Corp. | 2,100,000 | 410,277,000 | ||||||
1,118,266,502 | ||||||||
Software — 8.5% | ||||||||
DocuSign, Inc.(1) | 1,329,000 | 80,590,560 | ||||||
Microsoft Corp. | 4,090,401 | 1,013,642,272 | ||||||
Paycom Software, Inc.(1) | 449,000 | 145,449,060 | ||||||
Salesforce, Inc.(1) | 342,000 | 57,445,740 | ||||||
Zscaler, Inc.(1) | 542,000 | 67,294,720 | ||||||
1,364,422,352 | ||||||||
Technology Hardware, Storage and Peripherals — 14.0% | ||||||||
Apple, Inc. | 15,595,705 | 2,250,304,274 | ||||||
Textiles, Apparel and Luxury Goods — 3.7% | ||||||||
lululemon athletica, Inc.(1) | 1,009,631 | 309,835,561 |
NIKE, Inc., Class B | 2,296,611 | 292,427,479 | ||||||
602,263,040 | ||||||||
TOTAL COMMON STOCKS (Cost $5,826,614,703) | 16,041,607,061 | |||||||
SHORT-TERM INVESTMENTS — 0.5% | ||||||||
Money Market Funds — 0.1% | ||||||||
State Street Navigator Securities Lending Government Money Market Portfolio(3) | 20,300,000 | 20,300,000 | ||||||
Repurchase Agreements — 0.4% | ||||||||
BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 2.875%, 10/31/23 - 11/30/23, valued at $13,213,073), in a joint trading account at 4.22%, dated 1/31/23, due 2/1/23 (Delivery value $12,953,139) | 12,951,621 | |||||||
Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 3.875%, 1/15/2026, valued at $41,702,713), at 4.28%, dated 1/31/23, due 2/1/23 (Delivery value $40,889,861) | 40,885,000 | |||||||
53,836,621 | ||||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $74,136,621) | 74,136,621 | |||||||
TOTAL INVESTMENT SECURITIES — 100.1% (Cost $5,900,751,324) | 16,115,743,682 | |||||||
OTHER ASSETS AND LIABILITIES — (0.1)% | (13,959,275) | |||||||
TOTAL NET ASSETS — 100.0% | $ | 16,101,784,407 |
FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS | ||||||||||||||||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) | ||||||||||||||||
EUR | 4,319,665 | USD | 4,618,798 | JPMorgan Chase Bank N.A. | 3/31/23 | $ | 94,402 | |||||||||||||
EUR | 4,541,187 | USD | 4,945,016 | JPMorgan Chase Bank N.A. | 3/31/23 | 9,887 | ||||||||||||||
EUR | 4,604,478 | USD | 5,023,421 | JPMorgan Chase Bank N.A. | 3/31/23 | 539 | ||||||||||||||
USD | 116,211,774 | EUR | 108,529,614 | JPMorgan Chase Bank N.A. | 3/31/23 | (2,205,224) | ||||||||||||||
USD | 3,738,486 | EUR | 3,433,580 | JPMorgan Chase Bank N.A. | 3/31/23 | (7,904) | ||||||||||||||
USD | 5,635,805 | EUR | 5,158,282 | JPMorgan Chase Bank N.A. | 3/31/23 | 7,587 | ||||||||||||||
USD | 5,671,525 | EUR | 5,205,751 | JPMorgan Chase Bank N.A. | 3/31/23 | (8,486) | ||||||||||||||
JPY | 325,497,200 | USD | 2,471,505 | Bank of America N.A. | 3/31/23 | 48,946 | ||||||||||||||
USD | 40,741,823 | JPY | 5,512,287,200 | Bank of America N.A. | 3/31/23 | (1,941,948) | ||||||||||||||
USD | 2,674,303 | JPY | 346,175,200 | Bank of America N.A. | 3/31/23 | (6,265) | ||||||||||||||
USD | 2,833,817 | JPY | 366,027,200 | Bank of America N.A. | 3/31/23 | (473) | ||||||||||||||
$ | (4,008,939) |
NOTES TO SCHEDULE OF INVESTMENTS | ||||||||
EUR | – | Euro | ||||||
JPY | – | Japanese Yen | ||||||
USD | – | United States Dollar |
Level 1 | Level 2 | Level 3 | |||||||||
Assets | |||||||||||
Investment Securities | |||||||||||
Common Stocks | $ | 15,466,513,404 | $ | 575,093,657 | — | ||||||
Short-Term Investments | 20,300,000 | 53,836,621 | — | ||||||||
$ | 15,486,813,404 | $ | 628,930,278 | — | |||||||
Other Financial Instruments | |||||||||||
Forward Foreign Currency Exchange Contracts | — | $ | 161,361 | — | |||||||
Liabilities | |||||||||||
Other Financial Instruments | |||||||||||
Forward Foreign Currency Exchange Contracts | — | $ | 4,170,300 | — |