ICON Long/Short Fund

Portfolio of Investments (Unaudited)

6/30/2020

	Shares		Value
Common Stock (98.38%)
Consumer, Cyclical (14.82%)
Dollar General Corp		3,800		723,938
Lowe's Cos Inc		2,900		391,848
Magna International Inc		7,500		333,975
NIKE Inc		7,700		754,985
Total Consumer, Cyclical				2,204,746
Consumer, Non-Cyclical (10.44%)
Euronet Worldwide Inc*		4,561		437,035
Global Payments Inc		4,200		712,404
United Rentals Inc*		2,700		402,408
Total Consumer, Non-Cyclical				1,551,847
Energy (2.79%)
Baker Hughes Co		16,302		250,888
Marathon Petroleum Corp		4,400		164,472
Total Energy				415,360
Financial (28.79%)
Arthur J Gallagher & Co		5,800		565,442
Bank of America Corp		28,900		686,375
Mastercard Inc		5,500		1,626,349
Signature Bank/New York NY		6,000		641,520
Voya Financial Inc		16,300		760,395
Total Financial				4,280,081
Industrial (12.74%)
CSX Corp		12,700		885,698
Kansas City Southern		3,200		477,728
L3Harris Technologies Inc		1,300		220,571
Martin Marietta Materials Inc		1,500		309,855
Total Industrial				1,893,852
Technology (28.80%)
Adobe Inc*		700		304,717
Ebix Inc		13,500		301,860
EPAM Systems Inc*		3,400		856,834
Microsoft Corp		3,700		752,987
Qorvo Inc*		6,100		674,233
ServiceNow Inc*		1,900		769,614
Skyworks Solutions Inc		4,856		620,888
Total Technology				4,281,133
Total Common Stock (Cost $10,952,893)				14,627,019
Exchange-Traded Funds (1.67%)
DIREXION DLY S&P 500 BULL (Cost $184,041)		5,926		247,766
Total Investments (Cost $11,136,933) (100.05%)				14,874,785
Liabilities in Excess of Other Assets (-0.05%)				(7,483	)
Net Assets (100.00%)				14,867,302

* Non-income producing security.