Short 7-10 Year Treasury

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 86.1%
REPURCHASE AGREEMENTS(a) - 51.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $75,021,289
(Cost $75,016,702)		75,016,702		75,016,702
U.S. TREASURY OBLIGATIONS - 34.4%
U.S. Treasury Bills
1.53%, 9/15/2022(b)		25,000,000		24,979,195
1.33%, 10/13/2022(b)		25,000,000		24,932,698
TOTAL U.S. TREASURY OBLIGATIONS (Cost $49,946,674)				49,911,893
TOTAL SHORT-TERM INVESTMENTS (Cost $124,963,376)				124,928,595
Total Investments - 86.1%  (Cost $124,963,376)				124,928,595
Other assets less liabilities - 13.9%				20,205,682
Net Assets - 100.0%				145,134,277

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	The rate shown was the current yield as of August 31, 2022.

Short 7-10 Year Treasury

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

 

Futures Contracts Sold

Short 7-10 Year Treasury had the following open short futures contracts as of August 31, 2022:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
U.S. Treasury 10 Year Note	3	12/20/2022	USD	$	349,875	$	3,698

Swap Agreements

Short 7-10 Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(70,376,197	)	11/7/2022	Bank of America NA		(1.84	)%	ICE U.S. Treasury 7-10 Year Bond Index		4,122,591
(67,162,365	)	2/17/2023	Citibank NA		(1.86	)%	ICE U.S. Treasury 7-10 Year Bond Index		(2,428,921	)
(7,098,294	)	1/16/2024	Goldman Sachs International		(2.11	)%	ICE U.S. Treasury 7-10 Year Bond Index		103,087
(144,636,856	)								1,796,757
							Total Unrealized Appreciation		4,225,678
							Total Unrealized Depreciation		(2,428,921	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations

USD U.S. Dollar

Short 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 97.7%
REPURCHASE AGREEMENTS(a) - 15.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $74,224,506
(Cost $74,219,969)		74,219,969		74,219,969
U.S. TREASURY OBLIGATIONS(b) - 82.0%
U.S. Treasury Bills
0.08%, 9/8/2022(c)		30,000,000		29,988,129
0.51%, 11/3/2022(c)		35,000,000		34,839,209
2.49%, 11/10/2022(c)		100,000,000		99,494,606
2.61%, 11/17/2022(c)		100,000,000		99,427,847
2.64%, 12/1/2022(c)		100,000,000		99,275,602
0.69%, 12/29/2022(c)		25,000,000		24,753,116
TOTAL U.S. TREASURY OBLIGATIONS (Cost $388,215,977)				387,778,509
TOTAL SHORT-TERM INVESTMENTS (Cost $462,435,946)				461,998,478
Total Investments - 97.7%  (Cost $462,435,946)				461,998,478
Other assets less liabilities - 2.3%				10,772,918
Net Assets - 100.0%				472,771,396

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $62,652,974.
(c)	The rate shown was the current yield as of August 31, 2022.

Short 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold

Short 20+ Year Treasury had the following open short futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
U.S. Treasury Long Bond	125	12/20/2022	USD	$	16,933,594	$	211,977

Swap Agreements
Short 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(13,654,442	)	1/16/2023	Bank of America NA		(2.03	)%	ICE U.S. Treasury 20+ Year Bond Index		337,468
(276,746,101	)	2/17/2023	Citibank NA		(1.88	)%	ICE U.S. Treasury 20+ Year Bond Index		(361,883	)
(61,657,667	)	1/16/2023	Goldman Sachs International		(1.91	)%	ICE U.S. Treasury 20+ Year Bond Index		2,942,238
(114,098,379	)	1/16/2024	Societe Generale		(2.05	)%	ICE U.S. Treasury 20+ Year Bond Index		7,678,956
(466,156,589	)								10,596,779
							Total Unrealized Appreciation		10,958,662
							Total Unrealized Depreciation		(361,883	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Short Dow30^SM

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 89.0%
REPURCHASE AGREEMENTS(a) - 18.2%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $52,378,040
(Cost $52,374,838)		52,374,838		52,374,838
U.S. TREASURY OBLIGATIONS(b) - 70.8%
U.S. Treasury Bills
0.09%, 9/8/2022(c)		45,000,000		44,982,194
1.68%, 9/29/2022(c)		25,000,000		24,958,661
0.51%, 11/3/2022(c)		35,000,000		34,839,209
2.49%, 11/10/2022(c)		50,000,000		49,747,303
2.64%, 12/1/2022(c)		50,000,000		49,637,801
TOTAL U.S. TREASURY OBLIGATIONS (Cost $204,364,906)				204,165,168
TOTAL SHORT-TERM INVESTMENTS (Cost $256,739,744)				256,540,006
Total Investments - 89.0%  (Cost $256,739,744)				256,540,006
Other assets less liabilities - 11.0%				31,564,872
Net Assets - 100.0%				288,104,878

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $16,040,420.
(c)	The rate shown was the current yield as of August 31, 2022.

Short Dow30^SM

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold

Short Dow30^SM had the following open short futures contracts as of August 31, 2022:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
DJIA CBOT E-Mini Index	137	9/16/2022	USD	$	21,599,420	$	(281,536	)

Swap Agreements
Short Dow30SM had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(99,163,323	)	5/8/2023	Bank of America NA		(2.53	)%	Dow Jones Industrial AverageSM		3,335,915
(18,181,518	)	11/6/2023	Barclays Capital		(2.53	)%	Dow Jones Industrial AverageSM		181,736
(72,883,625	)	5/8/2023	BNP Paribas SA		(2.63	)%	Dow Jones Industrial AverageSM		8,171,456
(21,143,498	)	4/10/2023	Citibank NA		(2.81	)%	Dow Jones Industrial AverageSM		(726,348	)
(8,696,879	)	3/7/2023	Goldman Sachs International		(2.68	)%	Dow Jones Industrial AverageSM		1,172,715
(11,973,963	)	3/7/2023	Societe Generale		(2.43	)%	Dow Jones Industrial AverageSM		275,169
(34,437,812	)	3/7/2023	UBS AG		(2.53	)%	Dow Jones Industrial AverageSM		6,862,121
(266,480,618	)								19,272,764
							Total Unrealized Appreciation		19,999,112
							Total Unrealized Depreciation		(726,348	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Short Financials
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 82.6%
REPURCHASE AGREEMENTS(a) - 82.6%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $25,437,910
(Cost $25,436,356)		25,436,356		25,436,356
Total Investments - 82.6%  (Cost $25,436,356)				25,436,356
Other assets less liabilities - 17.4%				5,356,350
Net Assets - 100.0%				30,792,706

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Short Financials had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(3,461,084	)	5/8/2023	Bank of America NA		(2.23	)%	Dow Jones U.S. FinancialsSM Indexc		212,263
(4,577,841	)	5/8/2023	BNP Paribas SA		(2.53	)%	Dow Jones U.S. FinancialsSM Indexc		866,572
(1,393,068	)	4/10/2023	Citibank NA		(2.48	)%	Dow Jones U.S. FinancialsSM Indexc		149,886
(6,236,426	)	3/7/2023	Goldman Sachs International		(2.43	)%	Dow Jones U.S. FinancialsSM Indexc		(385,105	)
(832,531	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	Dow Jones U.S. FinancialsSM Indexc		(253,122	)
(7,169,696	)	3/7/2023	Societe Generale		(2.43	)%	Dow Jones U.S. FinancialsSM Indexc		(132,213	)
(7,086,227	)	3/7/2023	UBS AG		(2.43	)%	Dow Jones U.S. FinancialsSM Indexc		160,556
(30,756,873	)								618,837
							Total Unrealized Appreciation		1,389,277
							Total Unrealized Depreciation		(770,440	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Financials for the components of the underlying reference instrument and their relative weightings.

Short FTSE China 50
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 72.5%
REPURCHASE AGREEMENTS(a) - 72.5%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $5,725,245
(Cost $5,724,895)		5,724,895		5,724,895
Total Investments - 72.5%  (Cost $5,724,895)				5,724,895
Other assets less liabilities - 27.5%				2,173,102
Net Assets - 100.0%				7,897,997

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Short FTSE China 50 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(1,439,230	)	4/10/2023	Bank of America NA		(0.83	)%	iShares® China Large-Cap ETF		(442,266	)
(2,316,484	)	4/10/2023	Citibank NA		0.42	%	iShares® China Large-Cap ETF		(170,521	)
(1,597,264	)	3/7/2023	Goldman Sachs International		(1.83	)%	iShares® China Large-Cap ETF		235,772
(1,612,759	)	3/7/2023	Societe Generale		(0.68	)%	iShares® China Large-Cap ETF		79,470
(937,440	)	4/10/2023	UBS AG		(0.58	)%	iShares® China Large-Cap ETF		(5,755	)
(7,903,177	)								(303,300	)
							Total Unrealized Appreciation		315,242
							Total Unrealized Depreciation		(618,542	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short High Yield
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 82.3%
REPURCHASE AGREEMENTS(a) - 13.3%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $48,053,889
(Cost $48,050,950)		48,050,950		48,050,950
U.S. TREASURY OBLIGATIONS - 69.0%
U.S. Treasury Bills
1.51%, 9/13/2022(b)		50,000,000		49,963,917
1.63%, 9/22/2022(b)		125,000,000		124,850,521
2.49%, 11/10/2022(b)		75,000,000		74,620,954
TOTAL U.S. TREASURY OBLIGATIONS (Cost $249,496,156)				249,435,392
TOTAL SHORT-TERM INVESTMENTS (Cost $297,547,106)				297,486,342
Total Investments - 82.3%  (Cost $297,547,106)				297,486,342
Other assets less liabilities - 17.7%				63,864,955
Net Assets - 100.0%				361,351,297

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	The rate shown was the current yield as of August 31, 2022.

Short High Yield
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Swap Agreements^a

Short High Yield had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(18,650,445	)	3/7/2024	BNP Paribas SA		0.67	%	iShares® iBoxx $ High Yield Corporate Bond ETF		(24,659	)
(282,453,205	)	4/10/2023	Citibank NA		0.42	%	iShares® iBoxx $ High Yield Corporate Bond ETF		7,274,052
(4,872,612	)	3/7/2023	Goldman Sachs International		1.92	%	iShares® iBoxx $ High Yield Corporate Bond ETF		3,001,822
(54,816,118	)	11/7/2022	UBS AG		0.67	%	iShares® iBoxx $ High Yield Corporate Bond ETF		4,920,236
(360,792,380	)								15,171,451
							Total Unrealized Appreciation		15,196,110
							Total Unrealized Depreciation		(24,659	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short MidCap400
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 85.7%
REPURCHASE AGREEMENTS(a) - 85.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $11,742,092
(Cost $11,741,374)		11,741,374		11,741,374
Total Investments - 85.7%  (Cost $11,741,374)				11,741,374
Other assets less liabilities - 14.3%				1,959,313
Net Assets - 100.0%				13,700,687

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Short MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Futures Contracts Sold

Short MidCap400 had the following open short futures contracts as of August 31, 2022:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P Midcap 400 E-Mini Index		3	9/16/2022	USD	$	729,090	$	13,801

Swap Agreements

Short MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(3,576,074	)	5/8/2023	Bank of America NA		(2.43	)%	S&P MidCap 400®		124,259
(3,002,347	)	5/8/2023	BNP Paribas SA		(2.48	)%	S&P MidCap 400®		240,286
(819,264	)	4/10/2023	Citibank NA		(2.53	)%	S&P MidCap 400®		280,030
(719,591	)	11/7/2022	Morgan Stanley & Co. International plc		(2.13	)%	S&P MidCap 400®		(238,487	)
(4,847,514	)	3/7/2023	Societe Generale		(2.06	)%	S&P MidCap 400®		457,772
(12,964,790	)								863,860
							Total Unrealized Appreciation		1,102,347
							Total Unrealized Depreciation		(238,487	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Short MSCI EAFE
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 82.7%
REPURCHASE AGREEMENTS(a) - 82.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $98,386,133
(Cost $98,380,118)		98,380,118		98,380,118
Total Investments - 82.7%  (Cost $98,380,118)				98,380,118
Other assets less liabilities - 17.3%				20,641,207
Net Assets - 100.0%				119,021,325

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Short MSCI EAFE had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(21,410,244	)	4/10/2023	Citibank NA		(1.93	)%	iShares® MSCI EAFE ETF		1,715,101
(40,139,201	)	3/7/2023	Goldman Sachs International		(2.38	)%	iShares® MSCI EAFE ETF		2,377,968
(10,805,258	)	3/7/2023	Societe Generale		(1.53	)%	iShares® MSCI EAFE ETF		(691,253	)
(46,391,219	)	3/7/2023	UBS AG		(1.93	)%	iShares® MSCI EAFE ETF		2,837,710
(118,745,922	)								6,239,526
							Total Unrealized Appreciation		6,930,779
							Total Unrealized Depreciation		(691,253	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short MSCI Emerging Markets 

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 76.9%
REPURCHASE AGREEMENTS(a) - 76.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $39,884,942
(Cost $39,882,503)		39,882,503		39,882,503
Total Investments - 76.9%  (Cost $39,882,503)				39,882,503
Other assets less liabilities - 23.1%				12,006,438
Net Assets - 100.0%				51,888,941

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Short MSCI Emerging Markets had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(8,109,734	)	5/8/2023	Bank of America NA		(1.53	)%	iShares® MSCI Emerging Markets ETF		773,999
(534,545	)	4/10/2023	Citibank NA		(1.78	)%	iShares® MSCI Emerging Markets ETF		2,292,867
(25,165,969	)	3/7/2023	Goldman Sachs International		(1.83	)%	iShares® MSCI Emerging Markets ETF		918,650
(459,729	)	4/10/2023	Morgan Stanley & Co. International plc		(1.78	)%	iShares® MSCI Emerging Markets ETF		124,722
(9,776,374	)	3/7/2023	Societe Generale		(0.63	)%	iShares® MSCI Emerging Markets ETF		(317,726	)
(7,744,511	)	11/9/2022	UBS AG		(1.23	)%	iShares® MSCI Emerging Markets ETF		1,268,050
(51,790,862	)								5,060,562
							Total Unrealized Appreciation		5,378,288
							Total Unrealized Depreciation		(317,726	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short QQQ
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 89.2%
REPURCHASE AGREEMENTS(a) - 16.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $288,227,266
(Cost $288,209,648)		288,209,648		288,209,648
U.S. TREASURY OBLIGATIONS(b) - 72.5%
U.S. Treasury Bills
1.90%, 9/1/2022(c)		50,000,000		50,000,000
0.14%, 9/8/2022(c)		45,000,000		44,982,194
1.15%, 9/13/2022(c)		75,000,000		74,945,875
1.53%, 9/15/2022(c)		75,000,000		74,937,583
2.09%, 9/22/2022(c)		100,000,000		99,880,417
1.69%, 9/29/2022(c)		225,000,000		224,627,949
1.33%, 10/13/2022(c)		75,000,000		74,798,094
1.34%, 10/20/2022(c)		50,000,000		49,833,093
0.51%, 11/3/2022(c)		50,000,000		49,770,298
2.42%, 11/8/2022(c)		100,000,000		99,515,217
2.51%, 11/10/2022(c)		125,000,000		124,368,258
2.64%, 11/17/2022(c)		200,000,000		198,855,694
2.64%, 12/1/2022(c)		50,000,000		49,637,801
0.69%, 12/29/2022(c)		40,000,000		39,604,986
TOTAL U.S. TREASURY OBLIGATIONS (Cost $1,256,654,323)				1,255,757,459
TOTAL SHORT-TERM INVESTMENTS (Cost $1,544,863,971)				1,543,967,107
Total Investments - 89.2%  (Cost $1,544,863,971)				1,543,967,107
Other assets less liabilities - 10.8%				186,709,227
Net Assets - 100.0%				1,730,676,334

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $115,947,653.
(c)	The rate shown was the current yield as of August 31, 2022.

Short QQQ

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold

Short QQQ had the following open short futures contracts as of August 31, 2022:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
NASDAQ 100 E-Mini Index		370	9/16/2022	USD	$	90,910,850	$	1,764,894

Swap Agreements

Short QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(136,182,717	)	5/8/2023	Bank of America NA		(2.63	)%	NASDAQ-100 Index®		16,577,254
(71,140,958	)	11/6/2023	Barclays Capital		(2.53	)%	NASDAQ-100 Index®		(9,126,034	)
(208,759,502	)	5/8/2023	BNP Paribas SA		(2.68	)%	NASDAQ-100 Index®		52,598,431
(250,312,596	)	4/10/2023	Citibank NA		(2.81	)%	NASDAQ-100 Index®		22,694,635
(169,820,351	)	3/7/2023	Goldman Sachs International		(2.68	)%	NASDAQ-100 Index®		14,580,757
(195,382,990	)	5/8/2023	J.P. Morgan Securities		(2.48	)%	NASDAQ-100 Index®		9,791,266
(82,112,153	)	11/7/2022	Morgan Stanley & Co. International plc		(2.13	)%	NASDAQ-100 Index®		1,990,529
(367,485,938	)	3/7/2023	Societe Generale		(2.88	)%	NASDAQ-100 Index®		10,027,797
(158,575,834	)	3/7/2023	UBS AG		(2.48	)%	NASDAQ-100 Index®		18,702,852
(1,639,773,039	)								137,837,487
							Total Unrealized Appreciation		146,963,521
							Total Unrealized Depreciation		(9,126,034	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Short Real Estate

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 88.5%
REPURCHASE AGREEMENTS(a) - 88.5%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $34,066,033
(Cost $34,063,951)		34,063,951		34,063,951
Total Investments - 88.5%  (Cost $34,063,951)				34,063,951
Other assets less liabilities - 11.5%				4,413,720
Net Assets - 100.0%				38,477,671

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Short Real Estate had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(18,226,011	)	5/8/2023	Bank of America NA		(2.68	)%	Dow Jones U.S. Real EstateSM Index		126,261
(9,489,975	)	5/8/2023	BNP Paribas SA		(2.53	)%	Dow Jones U.S. Real EstateSM Index		316,230
(1,894,342	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	Dow Jones U.S. Real EstateSM Index		(309,334	)
(2,829,824	)	3/7/2023	Societe Generale		(2.38	)%	Dow Jones U.S. Real EstateSM Index		256,918
(5,909,865	)	3/7/2023	UBS AG		(2.08	)%	Dow Jones U.S. Real EstateSM Index		(1,071,026	)
(38,350,017	)								(680,951	)
							Total Unrealized Appreciation		699,409
							Total Unrealized Depreciation		(1,380,360	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 90.8%
REPURCHASE AGREEMENTS(a) - 31.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $175,101,013
(Cost $175,090,308)		175,090,308		175,090,308
U.S. TREASURY OBLIGATIONS(b) - 58.9%
U.S. Treasury Bills
1.82%, 9/22/2022(c)		175,000,000		174,790,730
0.51%, 11/3/2022(c)		25,000,000		24,885,149
2.51%, 11/10/2022(c)		100,000,000		99,494,606
0.69%, 12/29/2022(c)		25,000,000		24,753,116
TOTAL U.S. TREASURY OBLIGATIONS (Cost $324,250,220)				323,923,601
TOTAL SHORT-TERM INVESTMENTS (Cost $499,340,528)				499,013,909
Total Investments - 90.8%  (Cost $499,340,528)				499,013,909
Other assets less liabilities - 9.2%				50,344,941
Net Assets - 100.0%				549,358,850

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $46,361,710.
(c)	The rate shown was the current yield as of August 31, 2022.

Short Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold

Short Russell2000 had the following open short futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
Russell 2000 E-Mini Index	219	9/16/2022	USD	$	20,198,370	$	(167,055	)

Swap Agreements

Short Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(176,570,802	)	11/7/2022	Bank of America NA		(1.68	)%	Russell 2000® Index		8,703,999
(22,509,329	)	11/6/2023	Barclays Capital		(2.43	)%	Russell 2000® Index		(409,704	)
(83,492,533	)	5/8/2023	BNP Paribas SA		(2.18	)%	Russell 2000® Index		5,004,513
(93,240,551	)	4/10/2023	Citibank NA		(2.14	)%	Russell 2000® Index		2,915,361
(62,846,562	)	3/7/2023	Goldman Sachs International		(2.33	)%	Russell 2000® Index		22,669,120
(48,813,856	)	11/7/2022	Morgan Stanley & Co. International plc		(2.03	)%	Russell 2000® Index		3,859,589
(18,636,677	)	3/7/2023	Societe Generale		(1.98	)%	Russell 2000® Index		(2,877,243	)
(22,857,242	)	3/7/2023	UBS AG		(1.83	)%	Russell 2000® Index		6,919,791
(528,967,552	)								46,785,426
							Total Unrealized Appreciation		50,072,373
							Total Unrealized Depreciation		(3,286,947	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Short S&P500^®

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 88.3%
REPURCHASE AGREEMENTS(a) - 13.8%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $475,228,982
(Cost $475,199,929)		475,199,929		475,199,929
U.S. TREASURY OBLIGATIONS(b) - 74.5%
U.S. Treasury Bills
1.90%, 9/1/2022(c)		100,000,000		100,000,000
0.94%, 9/8/2022(c)		150,000,000		149,940,647
1.36%, 9/13/2022(c)		175,000,000		174,873,708
1.53%, 9/15/2022(c)		50,000,000		49,958,389
1.57%, 9/22/2022(c)		100,000,000		99,880,417
1.69%, 9/29/2022(c)		350,000,000		349,421,254
1.34%, 10/6/2022(c)		100,000,000		99,786,111
1.33%, 10/13/2022(c)		25,000,000		24,932,698
2.40%, 10/20/2022(c)		125,000,000		124,582,734
0.51%, 11/3/2022(c)		75,000,000		74,655,447
2.42%, 11/8/2022(c)		100,000,000		99,515,217
2.50%, 11/10/2022(c)		220,000,000		218,888,133
2.64%, 11/17/2022(c)		175,000,000		173,998,732
2.44%, 11/25/2022(c)		100,000,000		99,339,155
2.59%, 12/1/2022(c)		250,000,000		248,189,005
2.70%, 12/29/2022(c)		225,000,000		222,778,046
2.97%, 1/12/2023(c)		200,000,000		197,774,836
2.68%, 2/23/2023(c)		50,000,000		49,219,184
TOTAL U.S. TREASURY OBLIGATIONS (Cost $2,559,179,178)				2,557,733,713
TOTAL SHORT-TERM INVESTMENTS (Cost $3,034,379,107)				3,032,933,642
Total Investments - 88.3%  (Cost $3,034,379,107)				3,032,933,642
Other assets less liabilities - 11.7%				402,703,535
Net Assets - 100.0%				3,435,637,177

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $257,829,664.
(c)	The rate shown was the current yield as of August 31, 2022.

Short S&P500^®

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold

Short S&P500^® had the following open short futures contracts as of August 31, 2022:    

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P 500 E-Mini Index	563	9/16/2022	USD	$	111,375,475	$	3,297,936

Swap Agreements

Short S&P500^® had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(591,153,850	)	5/8/2023	Bank of America NA		(2.38	)%	S&P 500®		75,784,425
(447,464,745	)	5/8/2023	BNP Paribas SA		(2.63	)%	S&P 500®		32,380,740
(297,396,225	)	4/10/2023	Citibank NA		(2.81	)%	S&P 500®		14,387,018
(428,290,905	)	3/7/2023	Goldman Sachs International		(2.68	)%	S&P 500®		30,920,057
(356,875,470	)	5/8/2023	J.P. Morgan Securities		(2.48	)%	S&P 500®		21,876,982
(114,908,570	)	11/7/2022	Morgan Stanley & Co. International plc		(2.13	)%	S&P 500®		(476,529	)
(765,814,560	)	3/7/2023	Societe Generale		(2.53	)%	S&P 500®		25,351,752
(322,153,370	)	3/7/2023	UBS AG		(2.48	)%	S&P 500®		179,352
(3,324,057,695	)								200,403,797
							Total Unrealized Appreciation		200,880,326
							Total Unrealized Depreciation		(476,529	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Short SmallCap600
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 77.8%
REPURCHASE AGREEMENTS(a) - 77.8%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $9,253,698
(Cost $9,253,132)		9,253,132		9,253,132
Total Investments - 77.8%  (Cost $9,253,132)				9,253,132
Other assets less liabilities - 22.2%				2,633,338
Net Assets - 100.0%				11,886,470

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Short SmallCap600 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(2,681,715	)	11/7/2022	Bank of America NA		(2.33	)%	S&P SmallCap 600®		92,919
(1,110,573	)	4/10/2023	Citibank NA		(2.48	)%	S&P SmallCap 600®		234,944
(1,735,715	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	S&P SmallCap 600®		(73,108	)
(5,024,811	)	3/7/2023	Societe Generale		(1.98	)%	S&P SmallCap 600®		256,110
(1,333,161	)	11/7/2022	UBS AG		(2.18	)%	S&P SmallCap 600®		(212,048	)
(11,885,975	)								298,817
							Total Unrealized Appreciation		583,973
							Total Unrealized Depreciation		(285,156	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra 7-10 Year Treasury

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 102.0%
REPURCHASE AGREEMENTS(a) - 102.0%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $14,714,064
(Cost $14,713,163)		14,713,163		14,713,163
Total Investments - 102.0%  (Cost $14,713,163)				14,713,163
Liabilities in excess of other assets - (2.0%)				(283,532	)
Net Assets - 100.0%				14,429,631

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra 7-10 Year Treasury

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Purchased

Ultra 7-10 Year Treasury had the following open long futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
U.S. Treasury 10 Year Note	4	12/20/2022	USD	$	466,500	$	(5,007	)

Swap Agreements

Ultra 7-10 Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
1,851,915	11/7/2022	Bank of America NA		1.84	%	ICE U.S. Treasury 7-10 Year Bond Index		(52,604	)
12,251,468	11/6/2023	Citibank NA		2.18	%	ICE U.S. Treasury 7-10 Year Bond Index		(417,592	)
14,445,494	11/6/2023	Goldman Sachs International		2.11	%	ICE U.S. Treasury 7-10 Year Bond Index		(1,924,389	)
28,548,877								(2,394,585	)
						Total Unrealized Depreciation		(2,394,585	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 97.9%
REPURCHASE AGREEMENTS(a) - 97.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $41,545,463
(Cost $41,542,920)		41,542,920		41,542,920
Total Investments - 97.9%  (Cost $41,542,920)				41,542,920
Other assets less liabilities - 2.1%				911,178
Net Assets - 100.0%				42,454,098

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Futures Contracts Purchased

Ultra 20+ Year Treasury had the following open long futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
U.S. Treasury Long Bond	4	12/20/2022	USD	$	541,875	$	(6,882	)

Swap Agreements

Ultra 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
20,988,834	1/16/2023	Bank of America NA		2.03	%	ICE U.S. Treasury 20+ Year Bond Index		(1,161,021	)
41,877,318	2/17/2023	Citibank NA		2.25	%	ICE U.S. Treasury 20+ Year Bond Index		(2,261,913	)
957,613	1/16/2024	Goldman Sachs International		1.91	%	ICE U.S. Treasury 20+ Year Bond Index		(43,525	)
20,359,773	1/16/2024	Societe Generale		2.47	%	ICE U.S. Treasury 20+ Year Bond Index		(989,951	)
84,183,538								(4,456,410	)
						Total Unrealized Depreciation		(4,456,410	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra Basic Materials

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 88.4%
Chemicals - 68.4%
Air Products and Chemicals, Inc.		10,183		2,570,698
Albemarle Corp.		5,382		1,442,161
Ashland, Inc.		2,325		236,592
Axalta Coating Systems Ltd.*		9,564		246,273
Celanese Corp.		4,971		551,085
CF Industries Holdings, Inc.		9,582		991,354
Chemours Co. (The)		7,143		240,933
Corteva, Inc.		33,244		2,042,179
Dow, Inc.		33,445		1,705,695
DuPont de Nemours, Inc.		23,356		1,299,528
Eastman Chemical Co.		5,920		538,720
Ecolab, Inc.		11,417		1,870,447
Element Solutions, Inc.		10,018		187,036
FMC Corp.		5,786		625,351
Ginkgo Bioworks Holdings, Inc.*(b)		44,166		118,807
Huntsman Corp.		9,168		256,887
Ingevity Corp.*		1,779		124,779
International Flavors & Fragrances, Inc.		11,708		1,293,500
Linde plc		23,120		6,539,723
LyondellBasell Industries NV, Class A		11,885		986,455
Mosaic Co. (The)		16,630		895,858
NewMarket Corp.		316		90,758
Olin Corp.		6,380		348,731
PPG Industries, Inc.		10,855		1,378,368
RPM International, Inc.		5,954		554,675
Scotts Miracle-Gro Co. (The)(b)		1,855		124,192
Valvoline, Inc.		8,183		237,880
Westlake Corp.		1,539		151,792
				27,650,457
Metals & Mining - 19.8%
Alcoa Corp.		8,468		418,997
Cleveland-Cliffs, Inc.*		21,934		378,800
Commercial Metals Co.		5,579		226,005
Freeport-McMoRan, Inc.		66,577		1,970,679
MP Materials Corp.*		3,425		119,841
Newmont Corp.		36,458		1,507,903
Nucor Corp.		12,230		1,625,856
Reliance Steel & Aluminum Co.		2,844		534,615
Royal Gold, Inc.		3,019		277,446
Steel Dynamics, Inc.		8,240		665,133
United States Steel Corp.		11,970		273,754
				7,999,029
Paper & Forest Products - 0.2%
Sylvamo Corp.		1,617		71,859
TOTAL COMMON STOCKS (Cost $41,450,601)				35,721,345
SECURITIES LENDING REINVESTMENTS(c) - 0.3%
INVESTMENT COMPANIES - 0.3%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $109,310)		109,310		109,310

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 28.7%
REPURCHASE AGREEMENTS(d) - 28.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $11,588,029
(Cost $11,587,319)		11,587,319		11,587,319
Total Investments - 117.4%  (Cost $53,147,230)				47,417,974
Liabilities in excess of other assets - (17.4%)				(7,032,672	)
Net Assets - 100.0%				40,385,302

Ultra Basic Materials
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $23,985,212.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $110,607, collateralized in the form of cash with a value of $109,310 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $4,225 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from October 20, 2022 – February 15, 2052. The total value of collateral is $113,535.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $109,310.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Basic Materials had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
5,676,109	5/8/2023	Bank of America NA		2.68	%	Dow Jones U.S. Basic MaterialsSM Index		(1,895,547	)
8,405,598	4/10/2023	Citibank NA		2.63	%	Dow Jones U.S. Basic MaterialsSM Index		(959,547	)
9,833,796	3/7/2023	Goldman Sachs International		2.93	%	Dow Jones U.S. Basic MaterialsSM Index		(1,923,782	)
104,599	11/7/2022	Morgan Stanley & Co. International plc		2.93	%	Dow Jones U.S. Basic MaterialsSM Index		7,738
10,622,502	3/7/2023	Societe Generale		2.88	%	Dow Jones U.S. Basic MaterialsSM Index		(2,388,425	)
10,673,067	3/7/2023	UBS AG		2.68	%	Dow Jones U.S. Basic MaterialsSM Index		(3,375,812	)
45,315,671								(10,535,375	)
						Total Unrealized Appreciation		7,738
						Total Unrealized Depreciation		(10,543,113	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Consumer Goods

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 79.7%
Auto Components - 1.5%
Aptiv plc*		494		46,154
Autoliv, Inc.		143		11,124
BorgWarner, Inc.		437		16,475
Fox Factory Holding Corp.*		77		7,177
Gentex Corp.		428		11,680
Lear Corp.		109		15,112
Luminar Technologies, Inc.*(b)		401		3,457
QuantumScape Corp.*(b)		470		5,184
				116,363
Automobiles - 20.3%
Ford Motor Co.		7,202		109,759
General Motors Co.		2,659		101,600
Harley-Davidson, Inc.		269		10,375
Lucid Group, Inc.*(b)		1,034		15,862
Rivian Automotive, Inc., Class A*		293		9,584
Tesla, Inc.*		4,593		1,265,877
Thor Industries, Inc.		100		8,101
				1,521,158
Beverages - 14.8%
Boston Beer Co., Inc. (The), Class A*		17		5,730
Brown-Forman Corp., Class B		333		24,209
Coca-Cola Co. (The)		7,118		439,252
Constellation Brands, Inc., Class A		297		73,077
Keurig Dr Pepper, Inc.		1,346		51,310
Molson Coors Beverage Co., Class B		344		17,774
Monster Beverage Corp.*		686		60,937
National Beverage Corp.		43		2,385
PepsiCo, Inc.		2,523		434,637
				1,109,311
Distributors - 0.9%
Genuine Parts Co.		258		40,250
Pool Corp.		73		24,761
				65,011
Entertainment - 2.9%
Activision Blizzard, Inc.		1,426		111,927
Electronic Arts, Inc.		513		65,084
Playtika Holding Corp.*		189		1,990
ROBLOX Corp., Class A*		79		3,090
Take-Two Interactive Software, Inc.*		289		35,420
				217,511
Food & Staples Retailing - 0.4%
Performance Food Group Co.*		283		14,144
US Foods Holding Corp.*		409		12,524
				26,668
Food Products - 10.3%
Archer-Daniels-Midland Co.		1,027		90,263
Beyond Meat, Inc.*(b)		111		2,708
Bunge Ltd.		277		27,470
Campbell Soup Co.		369		18,590
Conagra Brands, Inc.		876		30,117
Darling Ingredients, Inc.*		294		22,362
Flowers Foods, Inc.		364		9,937
Freshpet, Inc.*		87		3,787
General Mills, Inc.		1,098		84,326
Hain Celestial Group, Inc. (The)*		163		3,302
Hershey Co. (The)		266		59,762
Hormel Foods Corp.		517		25,995
Ingredion, Inc.		121		10,536
J M Smucker Co. (The)		198		27,718
Kellogg Co.		462		33,606
Kraft Heinz Co. (The)		1,295		48,433
Lamb Weston Holdings, Inc.		264		20,996
Lancaster Colony Corp.		36		6,068
McCormick & Co., Inc. (Non-Voting)		457		38,420
Mondelez International, Inc., Class A		2,525		156,197
Pilgrim's Pride Corp.*		87		2,477
Post Holdings, Inc.*		102		9,054
Seaboard Corp.		1		3,862
Tyson Foods, Inc., Class A		532		40,102
				776,088
Household Durables - 2.7%
Cricut, Inc., Class A*(b)		79		493
DR Horton, Inc.		585		41,623
Helen of Troy Ltd.*		44		5,440
Leggett & Platt, Inc.		243		9,288
Lennar Corp., Class A		472		36,556
Lennar Corp., Class B		28		1,727
Mohawk Industries, Inc.*		94		10,374
Newell Brands, Inc.		671		11,977
NVR, Inc.*		6		24,840
PulteGroup, Inc.		434		17,646
Tempur Sealy International, Inc.		320		8,003
Toll Brothers, Inc.		201		8,802
TopBuild Corp.*		59		10,842
Whirlpool Corp.		102		15,973
				203,584
Household Products - 11.7%
Church & Dwight Co., Inc.		443		37,084
Clorox Co. (The)		225		32,476
Colgate-Palmolive Co.		1,529		119,583
Energizer Holdings, Inc.		120		3,372
Kimberly-Clark Corp.		615		78,425
Procter & Gamble Co. (The)		4,379		604,039
Reynolds Consumer Products, Inc.		99		2,765
				877,744
Leisure Products - 0.9%
Brunswick Corp.		138		10,310
Callaway Golf Co.*		213		4,714
Hasbro, Inc.		240		18,917
Mattel, Inc.*		643		14,223
Peloton Interactive, Inc., Class A*		561		5,717
Polaris, Inc.		102		11,553
YETI Holdings, Inc.*		157		5,792
				71,226
Machinery - 0.3%
Stanley Black & Decker, Inc.		276		24,316
Personal Products - 1.6%
Coty, Inc., Class A*		628		4,716
Estee Lauder Cos., Inc. (The), Class A		423		107,603
Herbalife Nutrition Ltd.*		174		4,540
Olaplex Holdings, Inc.*		130		1,731
				118,590
Textiles, Apparel & Luxury Goods - 5.8%
Capri Holdings Ltd.*		269		12,691
Carter's, Inc.		73		5,391

Ultra Consumer Goods

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Columbia Sportswear Co.		60		4,274
Crocs, Inc.*		112		8,254
Deckers Outdoor Corp.*		50		16,079
Hanesbrands, Inc.		636		5,540
Levi Strauss & Co., Class A		176		2,973
Lululemon Athletica, Inc.*		213		63,891
NIKE, Inc., Class B		2,315		246,432
PVH Corp.		124		6,975
Ralph Lauren Corp.		84		7,672
Skechers USA, Inc., Class A*		246		9,299
Tapestry, Inc.		459		15,941
Under Armour, Inc., Class A*		344		2,896
Under Armour, Inc., Class C*		369		2,801
VF Corp.		589		24,414
				435,523
Tobacco - 5.6%
Altria Group, Inc.		3,303		149,031
Philip Morris International, Inc.		2,828		270,046
				419,077
TOTAL COMMON STOCKS (Cost $7,073,759)				5,982,170
SECURITIES LENDING REINVESTMENTS(c) - 0.3%
INVESTMENT COMPANIES - 0.3%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $24,915)		24,915		24,915

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 22.0%
REPURCHASE AGREEMENTS(d) - 22.0%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $1,649,855
(Cost $1,649,754)		1,649,754		1,649,754
Total Investments - 102.0%  (Cost $8,748,428)				7,656,839
Liabilities in excess of other assets - (2.0%)				(148,390	)
Net Assets - 100.0%				7,508,449

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $3,872,913.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $24,894, collateralized in the form of cash with a value of $24,915 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $264 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from January 15, 2023 – May 15, 2051. The total value of collateral is $25,179.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $24,915.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Consumer Goods

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Swap Agreements

Ultra Consumer Goods had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	804,355	5/8/2023	Bank of America NA		2.58	%	Dow Jones U.S. Consumer GoodsSM Index		(468,872	)
	3,392,726	11/7/2022	Citibank NA		2.63	%	Dow Jones U.S. Consumer GoodsSM Index		688,250
	587,473	11/6/2023	Credit Suisse International		2.88	%	Dow Jones U.S. Consumer GoodsSM Index		(91,131	)
	1,540,467	3/7/2023	Goldman Sachs International		2.93	%	Dow Jones U.S. Consumer GoodsSM Index		(367,447	)
	1,191,682	11/7/2022	Morgan Stanley & Co. International plc		2.93	%	Dow Jones U.S. Consumer GoodsSM Index		(69,699	)
	422,770	3/7/2023	Societe Generale		2.88	%	Dow Jones U.S. Consumer GoodsSM Index		(614,231	)
	1,118,578	3/7/2023	UBS AG		2.68	%	Dow Jones U.S. Consumer GoodsSM Index		(659,343	)
	9,058,051								(1,582,473	)
							Total Unrealized Appreciation		688,250
							Total Unrealized Depreciation		(2,270,723	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Consumer Services

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 76.7%
Airlines - 1.3%
Alaska Air Group, Inc.*		262		11,413
American Airlines Group, Inc.*		1,350		17,537
Delta Air Lines, Inc.*		1,331		41,354
JetBlue Airways Corp.*		665		5,180
Joby Aviation, Inc.*(b)		554		2,936
Southwest Airlines Co.*		1,232		45,214
United Airlines Holdings, Inc.*		678		23,737
				147,371
Commercial Services & Supplies - 0.7%
Copart, Inc.*		445		53,244
IAA, Inc.*		277		10,321
Rollins, Inc.		471		15,901
				79,466
Distributors - 0.2%
LKQ Corp.		540		28,739
Diversified Consumer Services - 0.6%
ADT, Inc.		478		3,485
Bright Horizons Family Solutions, Inc.*		122		8,320
Chegg, Inc.*		262		5,156
Frontdoor, Inc.*		171		4,015
Grand Canyon Education, Inc.*		68		5,534
H&R Block, Inc.		331		14,895
Service Corp. International		329		20,303
Terminix Global Holdings, Inc.*		251		10,705
				72,413
Entertainment - 6.7%
AMC Entertainment Holdings, Inc., Class A*(b)		1,074		9,795
Endeavor Group Holdings, Inc., Class A*		83		1,877
Liberty Media Corp.-Liberty Formula One, Class A*		44		2,558
Liberty Media Corp.-Liberty Formula One, Class C*		426		27,128
Live Nation Entertainment, Inc.*(b)		284		25,662
Madison Square Garden Sports Corp., Class A*		35		5,609
Netflix, Inc.*		923		206,346
Roku, Inc.*		249		16,932
Walt Disney Co. (The)*		3,783		423,999
Warner Bros Discovery, Inc.*		4,587		60,732
Warner Music Group Corp., Class A		238		6,371
World Wrestling Entertainment, Inc., Class A		90		6,121
				793,130
Food & Staples Retailing - 9.5%
Albertsons Cos., Inc., Class A		222		6,107
BJ's Wholesale Club Holdings, Inc.*		280		20,857
Casey's General Stores, Inc.		77		16,460
Costco Wholesale Corp.		921		480,854
Kroger Co. (The)		1,362		65,294
Sprouts Farmers Market, Inc.*		227		6,561
Sysco Corp.		1,058		86,989
Walgreens Boots Alliance, Inc.		1,490		52,240
Walmart, Inc.		2,915		386,383
				1,121,745
Health Care Providers & Services - 0.7%
AmerisourceBergen Corp.		314		46,020
Cardinal Health, Inc.		566		40,027
				86,047
Hotels, Restaurants & Leisure - 13.1%
Airbnb, Inc., Class A*		795		89,930
Aramark		535		19,105
Booking Holdings, Inc.*		83		155,692
Boyd Gaming Corp.		166		9,035
Caesars Entertainment, Inc.*		446		19,232
Carnival Corp.*		2,027		19,175
Chipotle Mexican Grill, Inc.*		59		94,211
Choice Hotels International, Inc.		69		7,915
Churchill Downs, Inc.		70		13,796
Cracker Barrel Old Country Store, Inc.		48		5,181
Darden Restaurants, Inc.		259		32,041
Domino's Pizza, Inc.		74		27,518
DraftKings, Inc., Class A*		744		11,949
Dutch Bros, Inc., Class A*		57		2,081
Expedia Group, Inc.*		316		32,437
Hilton Worldwide Holdings, Inc.		578		73,614
Hyatt Hotels Corp., Class A*		107		9,589
Las Vegas Sands Corp.*		715		26,906
Light & Wonder, Inc.*		199		9,797
Marriott International, Inc., Class A		571		87,786
Marriott Vacations Worldwide Corp.		85		12,106
McDonald's Corp.		1,536		387,502
MGM Resorts International		734		23,958
Norwegian Cruise Line Holdings Ltd.*		871		11,393
Penn Entertainment, Inc.*		340		10,618
Planet Fitness, Inc., Class A*		176		11,924
Royal Caribbean Cruises Ltd.*		466		19,036
Starbucks Corp.		2,383		200,339
Texas Roadhouse, Inc.		142		12,604
Vail Resorts, Inc.		83		18,648
Wendy's Co. (The)		355		6,809
Wyndham Hotels & Resorts, Inc.		191		12,480
Wynn Resorts Ltd.*		219		13,269
Yum! Brands, Inc.		592		65,854
				1,553,530
Interactive Media & Services - 0.5%
Pinterest, Inc., Class A*		1,195		27,533
TripAdvisor, Inc.*		208		4,951
ZoomInfo Technologies, Inc., Class A*		627		28,478
				60,962
Internet & Direct Marketing Retail - 19.6%
Amazon.com, Inc.*		18,174		2,303,918
ContextLogic, Inc., Class A*(b)		721		937
Qurate Retail, Inc., Series A		715		2,217
Stitch Fix, Inc., Class A*		173		868
Wayfair, Inc., Class A*(b)		165		8,697
				2,316,637
Media - 5.9%
Altice USA, Inc., Class A*		471		4,710
Cable One, Inc.		10		11,350
Charter Communications, Inc., Class A*		240		99,031

Ultra Consumer Services

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares	Value ($)
Comcast Corp., Class A	9,284	335,988
DISH Network Corp., Class A*(b)	521	9,039
Fox Corp., Class A	648	22,149
Fox Corp., Class B	301	9,518
Interpublic Group of Cos., Inc. (The)	818	22,610
Liberty Broadband Corp., Class A*	44	4,436
Liberty Broadband Corp., Class C*	272	27,662
Liberty Media Corp.-Liberty SiriusXM, Class A*(b)	166	6,896
Liberty Media Corp.-Liberty SiriusXM, Class C*	328	13,566
New York Times Co. (The), Class A	346	10,550
News Corp., Class A	807	13,654
News Corp., Class B	251	4,327
Nexstar Media Group, Inc., Class A	85	16,262
Omnicom Group, Inc.	427	28,566
Paramount Global, Class A	19	502
Paramount Global, Class B	1,263	29,542
Sirius XM Holdings, Inc.(b)	1,880	11,449
TEGNA, Inc.	459	9,823
		691,630
Multiline Retail - 2.9%
Dollar General Corp.	475	112,774
Dollar Tree, Inc.*	468	63,498
Kohl's Corp.	266	7,560
Ollie's Bargain Outlet Holdings, Inc.*	122	6,748
Target Corp.	961	154,087
		344,667
Road & Rail - 1.0%
AMERCO	20	10,513
Lyft, Inc., Class A*(b)	627	9,236
Uber Technologies, Inc.*	3,507	100,861
		120,610
Specialty Retail - 14.0%
Advance Auto Parts, Inc.	127	21,417
American Eagle Outfitters, Inc.	319	3,592
AutoNation, Inc.*	73	9,096
AutoZone, Inc.*	42	89,007
Bath & Body Works, Inc.	496	18,516
Best Buy Co., Inc.	420	29,690
Burlington Stores, Inc.*	137	19,206
CarMax, Inc.*	333	29,450
Carvana Co.*(b)	206	6,796
Dick's Sporting Goods, Inc.	121	12,871
Five Below, Inc.*	115	14,706
Floor & Decor Holdings, Inc., Class A*(b)	220	17,899
Foot Locker, Inc.	175	6,447
GameStop Corp., Class A*(b)	512	14,664
Gap, Inc. (The)	438	4,003
Home Depot, Inc. (The)	2,147	619,238
Lithia Motors, Inc., Class A	59	15,661
Lowe's Cos., Inc.	1,374	266,748
Murphy USA, Inc.(b)	45	13,058
National Vision Holdings, Inc.*	169	5,616
O'Reilly Automotive, Inc.*	136	94,808
Penske Automotive Group, Inc.	61	7,192
Petco Health & Wellness Co., Inc.*(b)	170	2,536
RH*	36	9,213
Ross Stores, Inc.	729	62,891
TJX Cos., Inc. (The)	2,439	152,072
Tractor Supply Co.	232	42,955
Ulta Beauty, Inc.*	109	45,766
Victoria's Secret & Co.*	141	4,715
Williams-Sonoma, Inc.	146	21,717
		1,661,546
TOTAL COMMON STOCKS (Cost $12,196,571)		9,078,493
SECURITIES LENDING REINVESTMENTS(c) - 0.2%
INVESTMENT COMPANIES - 0.2%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $24,467)	24,467	24,467

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 34.9%
REPURCHASE AGREEMENTS(d) - 34.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $4,126,859
(Cost $4,126,609)	4,126,609	4,126,609
Total Investments - 111.8%  (Cost $16,347,647)		13,229,569
Liabilities in excess of other assets - (11.8%)		(1,395,342	)
Net Assets - 100.0%		11,834,227

Ultra Consumer Services

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $5,921,381.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $75,922, collateralized in the form of cash with a value of $24,467 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $54,848 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from October 20, 2022 – February 15, 2052. The total value of collateral is $79,315.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $24,467.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements        

Ultra Consumer Services had the following open non-exchange traded total return swap agreements as of August 31, 2022:  

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b		Reference Instrument	Value and Unrealized Depreciation ($)
2,098,512	5/8/2023	Bank of America NA	2.63	%	Dow Jones U.S. Consumer ServicesSM Index	(2,117,974	)
4,591,732	5/8/2023	BNP Paribas SA	2.83	%	Dow Jones U.S. Consumer ServicesSM Index	(694,380	)
2,358,351	11/7/2022	Citibank NA	2.63	%	Dow Jones U.S. Consumer ServicesSM Index	(869,037	)
549,374	3/7/2023	Goldman Sachs International	2.93	%	Dow Jones U.S. Consumer ServicesSM Index	(1,187,743	)
251,178	11/6/2023	Morgan Stanley & Co. International plc	2.93	%	Dow Jones U.S. Consumer ServicesSM Index	(233,755	)
4,402,420	3/7/2023	Societe Generale	2.88	%	Dow Jones U.S. Consumer ServicesSM Index	(1,520,765	)
339,028	3/7/2023	UBS AG	2.68	%	Dow Jones U.S. Consumer ServicesSM Index	(1,112,888	)
14,590,595						(7,736,542	)
					Total Unrealized Depreciation	(7,736,542	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Dow30^SM

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 86.5%
Aerospace & Defense - 2.9%
Boeing Co. (The)*		61,573		9,867,073
Banks - 2.1%
JPMorgan Chase & Co.		61,575		7,002,925
Beverages - 1.1%
Coca-Cola Co. (The)		61,569		3,799,423
Biotechnology - 4.3%
Amgen, Inc.		61,571		14,795,511
Capital Markets - 6.0%
Goldman Sachs Group, Inc. (The)		61,571		20,482,825
Chemicals - 0.9%
Dow, Inc.		61,561		3,139,611
Communications Equipment - 0.8%
Cisco Systems, Inc.		61,566		2,753,232
Consumer Finance - 2.8%
American Express Co.		61,576		9,359,552
Diversified Telecommunication Services - 0.8%
Verizon Communications, Inc.		61,567		2,574,116
Entertainment - 2.0%
Walt Disney Co. (The)*		61,565		6,900,205
Food & Staples Retailing - 3.0%
Walgreens Boots Alliance, Inc.		61,570		2,158,644
Walmart, Inc.		61,571		8,161,236
				10,319,880
Health Care Providers & Services - 9.4%
UnitedHealth Group, Inc.		61,571		31,975,667
Hotels, Restaurants & Leisure - 4.6%
McDonald's Corp.		61,571		15,533,132
Household Products - 2.5%
Procter & Gamble Co. (The)		61,566		8,492,414
Industrial Conglomerates - 5.7%
3M Co.		61,569		7,656,105
Honeywell International, Inc.		61,574		11,659,037
				19,315,142
Insurance - 2.9%
Travelers Cos., Inc. (The)		61,575		9,952,983
IT Services - 5.9%
International Business Machines Corp.(b)		61,567		7,908,281
Visa, Inc., Class A		61,570		12,234,575
				20,142,856
Machinery - 3.3%
Caterpillar, Inc.		61,579		11,374,257
Oil, Gas & Consumable Fuels - 2.9%
Chevron Corp.		61,564		9,730,806
Pharmaceuticals - 4.5%
Johnson & Johnson		61,568		9,933,381
Merck & Co., Inc.		61,564		5,255,103
				15,188,484
Semiconductors & Semiconductor Equipment - 0.6%
Intel Corp.		61,560		1,964,995
Software - 7.6%
Microsoft Corp.		61,571		16,098,969
Salesforce, Inc.*		61,570		9,612,309
				25,711,278
Specialty Retail - 5.2%
Home Depot, Inc. (The)		61,571		17,758,308
Technology Hardware, Storage & Peripherals - 2.8%
Apple, Inc.		61,572		9,680,350
Textiles, Apparel & Luxury Goods - 1.9%
NIKE, Inc., Class B		61,568		6,553,914
TOTAL COMMON STOCKS (Cost $335,016,821)				294,368,939

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 30.0%
REPURCHASE AGREEMENTS(c) - 30.0%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $101,966,778
(Cost $101,960,545)		101,960,545		101,960,545
Total Investments - 116.5%  (Cost $436,977,366)				396,329,484
Liabilities in excess of other assets - (16.5%)				(56,052,776	)
Net Assets - 100.0%				340,276,708

Ultra Dow30^SM

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $140,332,244.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $1,045,711, collateralized in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 2.50%, and maturity dates ranging from November 3, 2022 – April 30, 2024. The total value of collateral is $1,079,819.
(c)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Dow30^SM

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Purchased

Ultra Dow30^SM had the following open long futures contracts as of August 31, 2022:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
DJIA CBOT E-Mini Index	22	9/16/2022	USD	$	3,468,520	$	100,311

Swap Agreements
Ultra Dow30SM had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
39,135,954	5/8/2023	Bank of America NA		2.73	%	Dow Jones Industrial AverageSM		(13,495,324	)
28,706,002	11/6/2023	Barclays Capital		2.93	%	Dow Jones Industrial AverageSM		(453,036	)
53,000,543	5/8/2023	BNP Paribas SA		2.93	%	Dow Jones Industrial AverageSM		(11,232,870	)
83,849,254	11/7/2022	Citibank NA		2.99	%	Dow Jones Industrial AverageSM		(4,919,948	)
83,849,254	4/10/2023	Credit Suisse International		2.93	%	Dow Jones Industrial AverageSM		(11,641,297	)
66,381,156	11/6/2023	Morgan Stanley & Co. International plc		2.88	%	SPDR® Dow Jones Industrial AverageSM ETF Trust		(10,237,056	)
7,089,847	3/7/2023	Societe Generale		2.73	%	Dow Jones Industrial AverageSM		(7,972,157	)
20,702,353	3/7/2023	UBS AG		2.83	%	Dow Jones Industrial AverageSM		(2,952,675	)
382,714,363								(62,904,363	)
						Total Unrealized Depreciation		(62,904,363	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra Financials

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 73.2%
Banks - 16.5%
Bank of America Corp.		479,095		16,102,383
Bank OZK		7,631		309,284
BOK Financial Corp.		2,025		179,962
Citigroup, Inc.		131,263		6,406,947
Citizens Financial Group, Inc.		33,154		1,216,089
Comerica, Inc.		8,838		709,691
Commerce Bancshares, Inc.		7,425		510,617
Cullen/Frost Bankers, Inc.		3,857		501,256
East West Bancorp, Inc.		9,596		692,543
Fifth Third Bancorp		46,347		1,582,750
First Citizens BancShares, Inc., Class A		904		734,012
First Financial Bankshares, Inc.(b)		8,683		369,114
First Horizon Corp.		36,152		817,758
First Republic Bank		12,131		1,841,850
FNB Corp.		22,805		271,836
Glacier Bancorp, Inc.		7,337		371,839
Home BancShares, Inc.		12,786		300,855
Huntington Bancshares, Inc.		97,277		1,303,512
JPMorgan Chase & Co.		198,527		22,578,476
KeyCorp		63,048		1,115,319
M&T Bank Corp.		12,127		2,204,446
Pinnacle Financial Partners, Inc.		5,163		416,706
PNC Financial Services Group, Inc. (The)		27,955		4,416,890
Popular, Inc.		5,177		399,768
Prosperity Bancshares, Inc.		6,231		441,653
Regions Financial Corp.		63,167		1,368,829
Signature Bank		4,254		741,727
SVB Financial Group*		3,979		1,617,543
Synovus Financial Corp.		9,824		394,532
Truist Financial Corp.		89,997		4,215,459
UMB Financial Corp.		2,912		260,537
Umpqua Holdings Corp.		14,670		260,246
United Bankshares, Inc.		9,173		340,318
US Bancorp		91,391		4,168,344
Valley National Bancorp		28,405		330,066
Webster Financial Corp.		12,040		566,482
Wells Fargo & Co.		256,103		11,194,262
Western Alliance Bancorp		7,321		561,667
Wintrust Financial Corp.		4,075		343,686
Zions Bancorp NA		10,237		563,342
				92,722,596
Capital Markets - 14.2%
Affiliated Managers Group, Inc.		2,614		332,919
Ameriprise Financial, Inc.		7,427		1,990,510
Ares Management Corp.		11,596		859,727
Bank of New York Mellon Corp. (The)		50,224		2,085,803
BlackRock, Inc.		9,627		6,415,337
Blackstone, Inc., Class A		47,367		4,449,656
Blue Owl Capital, Inc.		23,420		259,962
Carlyle Group, Inc. (The)		9,528		309,946
Cboe Global Markets, Inc.		7,177		846,671
Charles Schwab Corp. (The)		101,944		7,232,927
CME Group, Inc.		24,293		4,751,954
Coinbase Global, Inc., Class A*		2,227		148,764
FactSet Research Systems, Inc.		2,562		1,110,217
Federated Hermes, Inc., Class B		6,196		211,036
Franklin Resources, Inc.		18,916		493,140
Goldman Sachs Group, Inc. (The)		23,215		7,722,934
Houlihan Lokey, Inc.		3,371		264,623
Interactive Brokers Group, Inc., Class A		5,912		364,120
Intercontinental Exchange, Inc.		37,738		3,805,877
Invesco Ltd.		22,758		374,824
Janus Henderson Group plc		11,342		265,403
Jefferies Financial Group, Inc.		12,950		415,565
KKR & Co., Inc.		40,059		2,025,383
Lazard Ltd., Class A(b)		7,622		277,060
LPL Financial Holdings, Inc.		5,406		1,196,510
MarketAxess Holdings, Inc.		2,552		634,402
Moody's Corp.		10,852		3,087,611
Morgan Stanley		94,528		8,055,676
Morningstar, Inc.		1,589		362,276
MSCI, Inc.		5,481		2,462,284
Nasdaq, Inc.		23,373		1,391,395
Northern Trust Corp.		14,085		1,339,343
Raymond James Financial, Inc.		13,139		1,371,317
Robinhood Markets, Inc., Class A*		4,022		38,410
S&P Global, Inc.		23,441		8,255,451
SEI Investments Co.		7,050		385,635
State Street Corp.		24,806		1,695,490
Stifel Financial Corp.		7,204		427,269
T. Rowe Price Group, Inc.		15,357		1,842,840
TPG, Inc.		2,346		68,879
Tradeweb Markets, Inc., Class A		7,271		505,989
Virtu Financial, Inc., Class A		5,633		129,334
				80,264,469
Consumer Finance - 2.5%
Ally Financial, Inc.		21,835		724,922
American Express Co.		41,234		6,267,568
Capital One Financial Corp.		26,569		2,811,532
Credit Acceptance Corp.*(b)		505		268,700
Discover Financial Services		18,989		1,908,205
FirstCash Holdings, Inc.		2,663		207,608
OneMain Holdings, Inc.		7,195		251,321
PROG Holdings, Inc.*		3,650		67,671
SLM Corp.		18,195		278,020
SoFi Technologies, Inc.*(b)		49,523		293,176
Synchrony Financial		33,899		1,110,192
Upstart Holdings, Inc.*(b)		3,436		88,992
				14,277,907
Diversified Financial Services - 6.6%
Apollo Global Management, Inc.		25,231		1,402,339
Berkshire Hathaway, Inc., Class B*		122,287		34,338,189
Equitable Holdings, Inc.		23,948		712,453
Jackson Financial, Inc., Class A		5,832		182,308
Voya Financial, Inc.		6,907		424,988
				37,060,277
Equity Real Estate Investment Trusts (REITs) - 14.4%
Alexandria Real Estate Equities, Inc.		10,040		1,540,136
American Homes 4 Rent, Class A		19,972		710,204
American Tower Corp.		31,397		7,976,408
Americold Realty Trust, Inc.(b)		18,202		535,503
Apartment Income REIT Corp.		10,618		433,745
AvalonBay Communities, Inc.		9,451		1,898,800
Boston Properties, Inc.		9,640		765,705
Brixmor Property Group, Inc.		20,247		434,906
Camden Property Trust		7,201		925,400
Corporate Office Properties Trust		7,596		196,281

Ultra Financials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited) 

Investments	Shares		Value ($)
Cousins Properties, Inc.		10,056		270,004
Crown Castle, Inc.		29,271		5,000,365
CubeSmart		15,170		698,578
Digital Realty Trust, Inc.		19,243		2,379,012
Douglas Emmett, Inc.		11,881		231,917
Duke Realty Corp.		25,987		1,529,335
EastGroup Properties, Inc.		2,818		465,055
Equinix, Inc.		6,152		4,044,140
Equity Commonwealth*		7,615		200,351
Equity LifeStyle Properties, Inc.		11,694		819,749
Equity Residential		23,132		1,692,800
Essex Property Trust, Inc.		4,416		1,170,505
Extra Space Storage, Inc.		9,078		1,804,071
Federal Realty Investment Trust		4,832		489,337
First Industrial Realty Trust, Inc.		8,922		452,167
Gaming and Leisure Properties, Inc.		15,898		767,396
Healthcare Realty Trust, Inc.		25,880		629,402
Healthpeak Properties, Inc.		36,471		957,364
Highwoods Properties, Inc.		7,107		216,124
Host Hotels & Resorts, Inc.		48,313		858,522
Hudson Pacific Properties, Inc.		9,772		129,088
Invitation Homes, Inc.		41,254		1,496,695
Iron Mountain, Inc.		19,640		1,033,260
JBG SMITH Properties		7,348		161,436
Kilroy Realty Corp.		7,100		346,267
Kimco Realty Corp.		41,773		880,575
Lamar Advertising Co., Class A		5,886		552,636
Life Storage, Inc.		5,704		725,834
LXP Industrial Trust(b)		19,376		194,923
Medical Properties Trust, Inc.		40,562		592,611
Mid-America Apartment Communities, Inc.(b)		7,802		1,292,557
National Health Investors, Inc.		3,097		202,884
National Retail Properties, Inc.		11,892		533,951
National Storage Affiliates Trust		5,689		287,408
Omega Healthcare Investors, Inc.		15,901		519,327
Orion Office REIT, Inc.		3,826		37,763
Physicians Realty Trust		15,226		253,665
PotlatchDeltic Corp.		4,690		217,710
Prologis, Inc.		50,039		6,230,356
Public Storage		10,322		3,414,827
Rayonier, Inc.		9,889		351,257
Realty Income Corp.		40,664		2,776,538
Regency Centers Corp.		10,486		637,968
Rexford Industrial Realty, Inc.		11,159		694,201
Sabra Health Care REIT, Inc.		15,608		233,652
SBA Communications Corp.		7,288		2,370,422
Simon Property Group, Inc.		22,194		2,263,344
SL Green Realty Corp.		4,335		191,477
Spirit Realty Capital, Inc.		9,077		370,795
STAG Industrial, Inc.		12,112		373,050
STORE Capital Corp.		17,068		460,495
Sun Communities, Inc.		8,222		1,263,804
UDR, Inc.		20,233		907,855
Ventas, Inc.		27,018		1,293,081
VICI Properties, Inc.		65,094		2,147,451
Vornado Realty Trust		10,754		281,970
Welltower, Inc.		30,685		2,352,005
Weyerhaeuser Co.		50,325		1,719,102
WP Carey, Inc.		13,038		1,095,583
				80,981,105
Insurance - 10.2%
Aflac, Inc.		40,067		2,380,781
Alleghany Corp.*		912		767,156
Allstate Corp. (The)		18,585		2,239,493
American Financial Group, Inc.		4,488		573,028
American International Group, Inc.		53,538		2,770,592
Aon plc, Class A		14,355		4,008,777
Arch Capital Group Ltd.*		25,394		1,161,014
Arthur J Gallagher & Co.		14,199		2,578,112
Assurant, Inc.		3,654		579,122
Axis Capital Holdings Ltd.		5,246		278,825
Brighthouse Financial, Inc.*		5,063		240,746
Brown & Brown, Inc.		15,836		998,301
Chubb Ltd.		28,639		5,414,203
Cincinnati Financial Corp.		10,082		977,551
CNA Financial Corp.		1,833		70,497
Enstar Group Ltd.*		822		155,564
Erie Indemnity Co., Class A		1,684		361,942
Everest Re Group Ltd.		2,666		717,287
Fidelity National Financial, Inc.		18,974		741,883
First American Financial Corp.		7,258		388,303
Globe Life, Inc.		6,131		595,872
Hanover Insurance Group, Inc. (The)		2,405		311,183
Hartford Financial Services Group, Inc. (The)		22,223		1,429,161
Kemper Corp.		4,055		186,530
Lincoln National Corp.		10,925		503,205
Loews Corp.		13,141		726,829
Markel Corp.*		918		1,096,193
Marsh & McLennan Cos., Inc.		33,926		5,474,639
Mercury General Corp.		1,797		57,324
MetLife, Inc.		46,724		3,005,755
Old Republic International Corp.		19,382		423,303
Primerica, Inc.		2,600		329,550
Principal Financial Group, Inc.		15,886		1,187,637
Progressive Corp. (The)		39,532		4,848,600
Prudential Financial, Inc.		25,337		2,426,018
Reinsurance Group of America, Inc.		4,528		567,630
RenaissanceRe Holdings Ltd.		2,987		404,022
RLI Corp.		2,695		295,803
Ryan Specialty Holdings, Inc., Class A*		3,951		167,364
Selective Insurance Group, Inc.		4,081		324,113
Travelers Cos., Inc. (The)		16,222		2,622,124
Unum Group		13,592		514,457
W R Berkley Corp.		14,163		917,762
White Mountains Insurance Group Ltd.		202		276,740
Willis Towers Watson plc		7,538		1,559,085
				57,654,076
IT Services - 7.3%
Mastercard, Inc., Class A		58,050		18,829,679
Visa, Inc., Class A		111,234		22,103,308
				40,932,987
Mortgage Real Estate Investment Trusts (REITs) - 0.4%
AGNC Investment Corp.		35,377		422,755
Annaly Capital Management, Inc.		112,254		724,038
Blackstone Mortgage Trust, Inc., Class A(b)		11,510		333,560
Rithm Capital Corp.		31,551		297,526
Starwood Property Trust, Inc.		20,745		475,683
				2,253,562

Ultra Financials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited) 

Investments	Shares		Value ($)
Professional Services - 0.3%
CoStar Group, Inc.*		26,784		1,865,238
Real Estate Management & Development - 0.6%
CBRE Group, Inc., Class A*		22,089		1,744,148
Compass, Inc., Class A*(b)		1,943		5,557
Howard Hughes Corp. (The)*		2,607		165,883
Jones Lang LaSalle, Inc.*		3,302		571,246
Opendoor Technologies, Inc.*		26,601		115,182
Redfin Corp.*(b)		7,241		59,304
Zillow Group, Inc., Class A*		2,438		81,429
Zillow Group, Inc., Class C*(b)		11,071		370,436
				3,113,185
Thrifts & Mortgage Finance - 0.2%
Essent Group Ltd.		7,273		290,847
MGIC Investment Corp.		20,925		299,018
New York Community Bancorp, Inc.		31,568		309,051
Radian Group, Inc.		11,680		246,565
Rocket Cos., Inc., Class A(b)		8,011		63,287
TFS Financial Corp.		3,226		46,132
UWM Holdings Corp.(b)		5,436		19,678
				1,274,578
TOTAL COMMON STOCKS (Cost $483,422,123)				412,399,980
SECURITIES LENDING REINVESTMENTS(c) - 0.1%
INVESTMENT COMPANIES - 0.1%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $712,349)		712,349		712,349

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 3.3%
REPURCHASE AGREEMENTS(d) - 3.3%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $18,762,704
(Cost $18,761,556)		18,761,556		18,761,556
Total Investments - 76.6%  (Cost $502,896,028)				431,873,885
Other assets less liabilities - 23.4%				132,201,746
Net Assets - 100.0%				564,075,631

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $38,223,017.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $2,775,926, collateralized in the form of cash with a value of $712,349 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $2,154,911 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from November 30, 2022 – May 15, 2051. The total value of collateral is $2,867,260.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $712,349.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Financials

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Swap Agreements

Ultra Financials had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
26,475,491	11/7/2022	Bank of America NA		2.88	%	Dow Jones U.S. FinancialsSM Indexc		46,027,190
92,923,259	11/7/2022	BNP Paribas SA		2.93	%	Dow Jones U.S. FinancialsSM Indexc		11,230,551
31,983,722	11/6/2023	Citibank NA		3.03	%	Dow Jones U.S. FinancialsSM Indexc		20,448,732
29,301,203	4/10/2023	Credit Suisse International		2.88	%	Dow Jones U.S. FinancialsSM Indexc		(408,748	)
77,050,485	3/6/2024	Goldman Sachs International		2.93	%	Dow Jones U.S. FinancialsSM Indexc		2,346,233
36,205,381	11/7/2022	Morgan Stanley & Co. International plc		2.93	%	Dow Jones U.S. FinancialsSM Indexc		2,608,851
350,501,274	3/6/2024	Societe Generale		3.08	%	Dow Jones U.S. FinancialsSM Indexc		14,000,331
73,816,062	11/7/2022	UBS AG		2.98	%	Dow Jones U.S. FinancialsSM Indexc		12,350,590
718,256,877								108,603,730
						Total Unrealized Appreciation		109,012,478
						Total Unrealized Depreciation		(408,748	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra FTSE China 50

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 51.5%
REPURCHASE AGREEMENTS(a) - 51.5%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $4,361,306
(Cost $4,361,041)		4,361,041		4,361,041
Total Investments - 51.5%  (Cost $4,361,041)				4,361,041
Other assets less liabilities - 48.5%				4,107,583
Net Assets - 100.0%				8,468,624

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra FTSE China 50 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)	Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Depreciation ($)
2,870,325	11/9/2022	Bank of America NA		2.53	%	iShares® China Large-Cap ETF		(6,781,730	)
2,472,079	4/10/2023	Citibank NA		1.58	%	iShares® China Large-Cap ETF		(607,290	)
4,006,065	3/7/2023	Goldman Sachs International		2.63	%	iShares® China Large-Cap ETF		(1,781,776	)
69,081	4/10/2023	Morgan Stanley & Co. International plc		2.78	%	iShares® China Large-Cap ETF		(20,651	)
4,765,321	3/7/2023	Societe Generale		1.98	%	iShares® China Large-Cap ETF		(2,065,605	)
2,816,840	3/7/2023	UBS AG		1.33	%	iShares® China Large-Cap ETF		(2,121,056	)
16,999,711								(13,378,108	)
						Total Unrealized Depreciation		(13,378,108	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra FTSE Europe

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 77.1%
REPURCHASE AGREEMENTS(a) - 77.1%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $2,286,637
(Cost $2,286,498)		2,286,498		2,286,498
Total Investments - 77.1%  (Cost $2,286,498)				2,286,498
Other assets less liabilities - 22.9%				677,533
Net Assets - 100.0%				2,964,031

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreementsa
Ultra FTSE Europe had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($)	Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Depreciation ($)
429,331	11/9/2022	Bank of America NA		2.63	%	Vanguard® FTSE Europe ETF Shares		(148,639	)
2,234,004	4/10/2023	Citibank NA		2.53	%	Vanguard® FTSE Europe ETF Shares		(490,659	)
1,152,232	3/7/2023	Goldman Sachs International		1.13	%	Vanguard® FTSE Europe ETF Shares		(389,796	)
18,651	11/9/2023	Morgan Stanley & Co. International plc		2.78	%	Vanguard® FTSE Europe ETF Shares		(6,026	)
1,612,296	3/7/2023	Societe Generale		2.38	%	Vanguard® FTSE Europe ETF Shares		(1,046,531	)
474,571	3/7/2023	UBS AG		2.33	%	Vanguard® FTSE Europe ETF Shares		(247,103	)
5,921,085								(2,328,754	)
						Total Unrealized Depreciation		(2,328,754	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Health Care
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 87.4%
Biotechnology - 14.8%
AbbVie, Inc.		28,770		3,868,414
ACADIA Pharmaceuticals, Inc.*		1,917		31,496
Agios Pharmaceuticals, Inc.*		893		22,772
Alkermes plc*		2,660		62,962
Allogene Therapeutics, Inc.*		1,213		16,630
Alnylam Pharmaceuticals, Inc.*		1,967		406,520
Amgen, Inc.		8,698		2,090,129
Arrowhead Pharmaceuticals, Inc.*		1,720		68,301
Beam Therapeutics, Inc.*		754		41,168
Biogen, Inc.*		2,385		465,981
Biohaven Pharmaceutical Holding Co. Ltd.*		1,028		153,532
BioMarin Pharmaceutical, Inc.*		3,012		268,670
Blueprint Medicines Corp.*		971		71,097
Bridgebio Pharma, Inc.*		1,753		18,407
CRISPR Therapeutics AG*		1,160		75,504
Denali Therapeutics, Inc.*(b)		1,519		42,031
Emergent BioSolutions, Inc.*		727		17,463
Exact Sciences Corp.*(b)		2,864		101,815
Exelixis, Inc.*		5,221		92,621
Fate Therapeutics, Inc.*		1,336		34,923
Gilead Sciences, Inc.		20,421		1,296,121
Halozyme Therapeutics, Inc.*(b)		2,246		91,480
Horizon Therapeutics plc*		3,743		221,623
Incyte Corp.*		3,064		215,798
Intellia Therapeutics, Inc.*		1,146		68,829
Ionis Pharmaceuticals, Inc.*		2,310		98,221
Mirati Therapeutics, Inc.*		814		65,958
Moderna, Inc.*		5,633		745,077
Natera, Inc.*		1,455		71,673
Neurocrine Biosciences, Inc.*(b)		1,557		162,909
Novavax, Inc.*(b)		1,271		41,994
Regeneron Pharmaceuticals, Inc.*		1,759		1,022,085
Sarepta Therapeutics, Inc.*		1,425		155,866
Seagen, Inc.*		2,186		337,278
Twist Bioscience Corp.*		916		36,750
Ultragenyx Pharmaceutical, Inc.*		1,138		54,271
United Therapeutics Corp.*		738		167,246
Vertex Pharmaceuticals, Inc.*		4,162		1,172,685
Vir Biotechnology, Inc.*		1,207		28,666
				14,004,966
Health Care Equipment & Supplies - 16.6%
Abbott Laboratories		28,507		2,926,244
ABIOMED, Inc.*		743		192,645
Align Technology, Inc.*		1,193		290,734
Baxter International, Inc.		8,198		471,057
Becton Dickinson and Co.		4,641		1,171,481
Boston Scientific Corp.*		23,267		937,893
Cooper Cos., Inc. (The)(b)		802		230,527
DENTSPLY SIRONA, Inc.		3,508		114,957
Dexcom, Inc.*		6,391		525,404
Edwards Lifesciences Corp.*		10,120		911,812
Embecta Corp.		941		30,037
Enovis Corp.*		765		38,747
Envista Holdings Corp.*		2,647		98,177
Globus Medical, Inc., Class A*		1,290		76,355
Haemonetics Corp.*		832		62,425
Hologic, Inc.*		4,060		274,294
ICU Medical, Inc.*		327		51,993
IDEXX Laboratories, Inc.*		1,367		475,197
Insulet Corp.*(b)		1,130		288,681
Integra LifeSciences Holdings Corp.*		1,165		55,582
Intuitive Surgical, Inc.*		5,844		1,202,345
Masimo Corp.*		831		122,066
Medtronic plc		21,836		1,919,821
Neogen Corp.*(b)		1,753		36,638
Novocure Ltd.*(b)		1,464		120,238
NuVasive, Inc.*		847		36,006
Omnicell, Inc.*		720		73,649
Penumbra, Inc.*		576		94,562
QuidelOrtho Corp.*		814		64,518
ResMed, Inc.		2,382		523,849
Shockwave Medical, Inc.*		583		173,069
STAAR Surgical Co.*		778		73,591
STERIS plc		1,631		328,451
Stryker Corp.		5,478		1,124,086
Tandem Diabetes Care, Inc.*		1,041		47,615
Teleflex, Inc.		763		172,636
Zimmer Biomet Holdings, Inc.		3,411		362,657
Zimvie, Inc.*		338		5,144
				15,705,183
Health Care Providers & Services - 20.2%
1Life Healthcare, Inc.*		2,810		48,360
Acadia Healthcare Co., Inc.*		1,474		120,765
agilon health, Inc.*		793		16,479
Amedisys, Inc.*		530		62,779
Centene Corp.*		9,518		854,145
Chemed Corp.		244		116,190
Cigna Corp.		5,166		1,464,303
Covetrus, Inc.*		1,702		35,521
CVS Health Corp.		21,333		2,093,834
DaVita, Inc.*		985		84,011
Elevance Health, Inc.		3,926		1,904,542
Encompass Health Corp.		1,626		78,975
Enhabit, Inc.*		810		13,446
Guardant Health, Inc.*		1,659		83,050
HCA Healthcare, Inc.		3,705		733,108
HealthEquity, Inc.*		1,372		90,662
Henry Schein, Inc.*		2,249		165,099
Humana, Inc.		2,063		993,912
Invitae Corp.*		3,433		10,436
Laboratory Corp. of America Holdings		1,510		340,158
LHC Group, Inc.*		506		81,704
McKesson Corp.		2,365		867,955
Molina Healthcare, Inc.*		955		322,188
Oak Street Health, Inc.*		2,276		59,631
Premier, Inc., Class A		1,921		67,696
Quest Diagnostics, Inc.		1,910		239,342
R1 RCM, Inc.*		2,185		47,742
Signify Health, Inc., Class A*(b)		400		11,160
Tenet Healthcare Corp.*		1,753		99,044
UnitedHealth Group, Inc.		15,274		7,932,246
Universal Health Services, Inc., Class B		1,095		107,135
				19,145,618
Health Care Technology - 0.1%
American Well Corp., Class A*(b)		3,267		14,865
Doximity, Inc., Class A*(b)		1,509		50,084
GoodRx Holdings, Inc., Class A*		1,144		6,978

Ultra Health Care
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Teladoc Health, Inc.*(b)		2,620		81,377
				153,304
Life Sciences Tools & Services - 11.3%
10X Genomics, Inc., Class A*		1,528		50,409
Agilent Technologies, Inc.		4,886		626,629
Avantor, Inc.*		9,937		247,531
Azenta, Inc.		1,220		64,306
Berkeley Lights, Inc.*		682		2,503
Bio-Rad Laboratories, Inc., Class A*		353		171,219
Bio-Techne Corp.		638		211,695
Bruker Corp.		1,629		91,224
Charles River Laboratories International, Inc.*		827		169,742
Danaher Corp.		10,535		2,843,502
Illumina, Inc.*		2,556		515,392
IQVIA Holdings, Inc.*		3,081		655,205
Maravai LifeSciences Holdings, Inc., Class A*		1,774		37,023
Medpace Holdings, Inc.*		439		64,801
Mettler-Toledo International, Inc.*		369		447,398
NeoGenomics, Inc.*		2,025		20,351
Pacific Biosciences of California, Inc.*		3,652		21,401
Repligen Corp.*		839		184,051
Sotera Health Co.*		1,610		27,225
Syneos Health, Inc.*		1,670		100,384
Thermo Fisher Scientific, Inc.		6,372		3,474,779
Waters Corp.*		979		292,329
West Pharmaceutical Services, Inc.		1,206		357,808
				10,676,907
Pharmaceuticals - 24.4%
Bristol-Myers Squibb Co.		34,654		2,336,026
Catalent, Inc.*		2,917		256,696
Elanco Animal Health, Inc.*		7,717		116,758
Eli Lilly & Co.		12,840		3,867,793
Jazz Pharmaceuticals plc*		1,016		157,704
Johnson & Johnson		42,832		6,910,515
Merck & Co., Inc.		41,159		3,513,332
Nektar Therapeutics*		3,030		11,938
Organon & Co.		4,129		117,800
Perrigo Co. plc		2,190		81,950
Pfizer, Inc.		91,327		4,130,720
Royalty Pharma plc, Class A		5,882		245,927
Viatris, Inc.		19,736		188,479
Zoetis, Inc.		7,659		1,198,863
				23,134,501
TOTAL COMMON STOCKS (Cost $95,689,578)				82,820,479
SECURITIES LENDING REINVESTMENTS(c) - 0.1%
INVESTMENT COMPANIES - 0.1%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $52,092)		52,092		52,092

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 30.8%
REPURCHASE AGREEMENTS(d) - 30.8%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $29,221,728
(Cost $29,219,943)		29,219,943		29,219,943
Total Investments - 118.3%  (Cost $124,961,613)				112,092,514
Liabilities in excess of other assets - (18.3%)				(17,321,876	)
Net Assets - 100.0%				94,770,638

Ultra Health Care
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $58,229,423.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $663,779, collateralized in the form of cash with a value of $52,092 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $628,829 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from December 15, 2022 – May 15, 2051. The total value of collateral is $680,921.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $52,092.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Health Care had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
28,415,233	5/8/2023	Bank of America NA		2.78	%	Dow Jones U.S. Health CareSM Indexc		(2,561,539	)
19,880,674	4/10/2023	Citibank NA		2.63	%	Dow Jones U.S. Health CareSM Indexc		(3,182,444	)
24,419,653	3/7/2023	Goldman Sachs International		2.93	%	Dow Jones U.S. Health CareSM Indexc		(3,157,429	)
471,478	11/7/2022	Morgan Stanley & Co. International plc		2.93	%	Dow Jones U.S. Health CareSM Indexc		22,642
2,999,349	3/7/2023	Societe Generale		2.98	%	Dow Jones U.S. Health CareSM Indexc		(4,625,611	)
30,523,568	11/6/2023	UBS AG		2.68	%	Dow Jones U.S. Health CareSM Indexc		(5,224,907	)
106,709,955								(18,729,288	)
						Total Unrealized Appreciation		22,642
						Total Unrealized Depreciation		(18,751,930	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra High Yield
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 79.7%
REPURCHASE AGREEMENTS(a) - 79.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $6,003,261
(Cost $6,002,895)		6,002,895		6,002,895
Total Investments - 79.7%  (Cost $6,002,895)				6,002,895
Other assets less liabilities - 20.3%				1,525,570
Net Assets - 100.0%				7,528,465

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra High Yield had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)	Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Depreciation ($)
5,379,351	3/7/2024	BNP Paribas SA		0.83	%	iShares® iBoxx $ High Yield Corporate Bond ETF		(222,508	)
4,142,176	4/10/2023	Citibank NA		2.08	%	iShares® iBoxx $ High Yield Corporate Bond ETF		(1,261,344	)
1,422,827	4/10/2023	Credit Suisse International		2.83	%	iShares® iBoxx $ High Yield Corporate Bond ETF		(430,918	)
951,088	3/7/2023	Goldman Sachs International		0.08	%	iShares® iBoxx $ High Yield Corporate Bond ETF		(2,134,654	)
3,165,219	11/7/2022	UBS AG		0.83	%	iShares® iBoxx $ High Yield Corporate Bond ETF		(1,381,804	)
15,060,661								(5,431,228	)
						Total Unrealized Depreciation		(5,431,228	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Industrials
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 79.2%
Aerospace & Defense - 11.3%
Axon Enterprise, Inc.*		195		22,752
Boeing Co. (The)*		1,530		245,182
BWX Technologies, Inc.		252		13,137
Curtiss-Wright Corp.		105		15,455
General Dynamics Corp.		634		145,142
HEICO Corp.		118		17,971
HEICO Corp., Class A		207		25,374
Hexcel Corp.		230		13,494
Howmet Aerospace, Inc.		1,035		36,670
Huntington Ingalls Industries, Inc.		110		25,329
L3Harris Technologies, Inc.		531		121,169
Lockheed Martin Corp.		651		273,492
Mercury Systems, Inc.*		159		7,653
Northrop Grumman Corp.		403		192,630
Raytheon Technologies Corp.		4,094		367,436
Textron, Inc.		592		36,929
TransDigm Group, Inc.		142		85,255
Virgin Galactic Holdings, Inc.*(b)		491		2,902
Woodward, Inc.		166		15,450
				1,663,422
Air Freight & Logistics - 4.3%
CH Robinson Worldwide, Inc.		350		39,953
Expeditors International of Washington, Inc.		462		47,535
FedEx Corp.		656		138,291
GXO Logistics, Inc.*		280		12,427
United Parcel Service, Inc., Class B		2,022		393,299
				631,505
Building Products - 3.8%
A O Smith Corp.		359		20,265
Advanced Drainage Systems, Inc.		157		21,305
Allegion plc		242		23,014
Armstrong World Industries, Inc.		129		10,835
Builders FirstSource, Inc.*		475		27,840
Carlisle Cos., Inc.		141		41,688
Carrier Global Corp.		2,334		91,306
Fortune Brands Home & Security, Inc.		361		22,176
Johnson Controls International plc		1,913		103,570
Lennox International, Inc.		91		21,851
Masco Corp.		649		33,015
Owens Corning		268		21,904
Trane Technologies plc		644		99,221
Trex Co., Inc.*		312		14,598
Zurn Elkay Water Solutions Corp.		346		9,543
				562,131
Chemicals - 1.0%
Sherwin-Williams Co. (The)		659		152,954
Commercial Services & Supplies - 2.9%
Cimpress plc*		55		1,847
Cintas Corp.		239		97,235
Clean Harbors, Inc.*		138		16,204
MSA Safety, Inc.		100		11,886
Republic Services, Inc.		574		81,921
Stericycle, Inc.*		253		12,673
Tetra Tech, Inc.		147		19,964
Waste Management, Inc.		1,051		177,650
				419,380
Construction & Engineering - 1.2%
AECOM		389		28,455
EMCOR Group, Inc.		142		16,887
MasTec, Inc.*		158		12,719
MDU Resources Group, Inc.		559		16,854
Quanta Services, Inc.		396		55,955
Valmont Industries, Inc.		58		16,055
WillScot Mobile Mini Holdings Corp.*		612		24,566
				171,491
Construction Materials - 0.9%
Eagle Materials, Inc.		109		13,039
Martin Marietta Materials, Inc.		171		59,458
Vulcan Materials Co.		365		60,769
				133,266
Containers & Packaging - 2.6%
Amcor plc		4,135		49,661
AptarGroup, Inc.		181		18,609
Ardagh Metal Packaging SA(b)		399		2,454
Avery Dennison Corp.		225		41,315
Ball Corp.		880		49,113
Berry Global Group, Inc.*		359		19,504
Crown Holdings, Inc.		339		30,710
Graphic Packaging Holding Co.		780		17,371
International Paper Co.		1,019		42,411
Packaging Corp. of America		257		35,188
Sealed Air Corp.		403		21,685
Silgan Holdings, Inc.		231		10,522
Sonoco Products Co.		269		16,952
Westrock Co.		701		28,454
				383,949
Electrical Equipment - 4.3%
Acuity Brands, Inc.		96		15,737
AMETEK, Inc.		636		76,422
ChargePoint Holdings, Inc.*(b)		491		7,989
Eaton Corp. plc		1,098		150,031
Emerson Electric Co.		1,633		133,481
EnerSys		114		7,110
Generac Holdings, Inc.*		176		38,792
Hubbell, Inc.		147		30,326
nVent Electric plc		458		15,096
Regal Rexnord Corp.		185		25,454
Rockwell Automation, Inc.		319		75,584
Sensata Technologies Holding plc		431		17,361
Shoals Technologies Group, Inc., Class A*		309		8,148
Sunrun, Inc.*		579		19,124
Vertiv Holdings Co.		840		9,685
				630,340
Electronic Equipment, Instruments & Components - 4.5%
Amphenol Corp., Class A		1,643		120,810
Arrow Electronics, Inc.*		182		19,075
Avnet, Inc.		269		11,806
Cognex Corp.		478		20,129
Corning, Inc.		2,092		71,797
II-VI, Inc.*		360		17,003
IPG Photonics Corp.*		96		8,697
Itron, Inc.*		123		5,852
Jabil, Inc.		388		23,396
Keysight Technologies, Inc.*		501		82,109
Littelfuse, Inc.		68		16,131
National Instruments Corp.		360		14,314
TE Connectivity Ltd.		886		111,822

Ultra Industrials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Teledyne Technologies, Inc.*		129		47,519
Trimble, Inc.*		689		43,579
Vontier Corp.		444		9,733
Zebra Technologies Corp., Class A*		144		43,436
				667,208
Industrial Conglomerates - 5.3%
3M Co.		1,565		194,608
General Electric Co.		3,028		222,376
Honeywell International, Inc.		1,872		354,463
				771,447
IT Services - 13.6%
Accenture plc, Class A		1,742		502,499
Affirm Holdings, Inc.*		454		10,637
Automatic Data Processing, Inc.		1,149		280,827
Block, Inc., Class A*		1,385		95,440
Broadridge Financial Solutions, Inc.		322		55,117
Concentrix Corp.		119		14,968
Euronet Worldwide, Inc.*		140		12,412
Fidelity National Information Services, Inc.		1,680		153,502
Fiserv, Inc.*		1,601		162,005
FleetCor Technologies, Inc.*		212		45,056
Genpact Ltd.		470		22,081
Global Payments, Inc.		775		96,278
Jack Henry & Associates, Inc.		201		38,632
Marqeta, Inc., Class A*		999		7,782
Maximus, Inc.		168		10,179
Paychex, Inc.		885		109,156
PayPal Holdings, Inc.*		3,186		297,700
Shift4 Payments, Inc., Class A*		147		6,658
SS&C Technologies Holdings, Inc.		610		34,014
TaskUS, Inc., Class A*		77		1,146
Toast, Inc., Class A*		669		12,664
Western Union Co. (The)		1,061		15,724
WEX, Inc.*		123		18,973
				2,003,450
Life Sciences Tools & Services - 0.3%
PerkinElmer, Inc.		347		46,866
Machinery - 11.5%
AGCO Corp.		168		18,263
Allison Transmission Holdings, Inc.		268		9,718
Caterpillar, Inc.		1,467		270,970
Chart Industries, Inc.*		98		18,998
Crane Holdings Co.		131		12,361
Cummins, Inc.		388		83,564
Deere & Co.		768		280,512
Donaldson Co., Inc.		339		17,408
Dover Corp.		397		49,609
Esab Corp.		125		5,136
Flowserve Corp.		360		10,969
Fortive Corp.		987		62,507
Gates Industrial Corp. plc*		263		2,819
Graco, Inc.		466		29,749
IDEX Corp.		208		41,852
Illinois Tool Works, Inc.		779		151,773
Ingersoll Rand, Inc.		1,116		52,865
ITT, Inc.		229		16,609
Lincoln Electric Holdings, Inc.		160		21,870
Middleby Corp. (The)*		149		21,429
Nikola Corp.*(b)		591		3,168
Nordson Corp.		148		33,621
Oshkosh Corp.		182		14,516
Otis Worldwide Corp.		1,164		84,064
PACCAR, Inc.		956		83,660
Parker-Hannifin Corp.		353		93,545
Pentair plc		455		20,247
RBC Bearings, Inc.*(b)		79		19,014
Snap-on, Inc.		146		31,808
Timken Co. (The)		187		11,779
Toro Co. (The)		288		23,884
Westinghouse Air Brake Technologies Corp.		503		44,088
Xylem, Inc.		495		45,095
				1,687,470
Marine - 0.1%
Kirby Corp.*		165		11,065
Paper & Forest Products - 0.1%
Louisiana-Pacific Corp.		226		12,256
Professional Services - 3.3%
Alight, Inc., Class A*		704		5,547
ASGN, Inc.*		141		13,635
Booz Allen Hamilton Holding Corp.		366		35,026
CACI International, Inc., Class A*		64		17,976
Clarivate plc*		1,074		12,533
Dun & Bradstreet Holdings, Inc.		418		5,956
Equifax, Inc.		337		63,609
FTI Consulting, Inc.*		96		15,418
Insperity, Inc.		99		10,793
Jacobs Solutions, Inc.		354		44,101
KBR, Inc.		383		18,499
Leidos Holdings, Inc.		376		35,739
ManpowerGroup, Inc.		144		10,558
Nielsen Holdings plc		990		27,562
Robert Half International, Inc.		304		23,399
Science Applications International Corp.		154		14,025
TransUnion		530		39,151
TriNet Group, Inc.*		104		8,570
Upwork, Inc.*		336		5,846
Verisk Analytics, Inc.		434		81,227
				489,170
Road & Rail - 6.2%
CSX Corp.		5,982		189,330
Hertz Global Holdings, Inc.*(b)		137		2,529
JB Hunt Transport Services, Inc.		230		40,025
Knight-Swift Transportation Holdings, Inc.		449		22,679
Landstar System, Inc.		102		14,956
Norfolk Southern Corp.		656		159,493
Old Dominion Freight Line, Inc.		252		68,395
Saia, Inc.*		73		15,098
TuSimple Holdings, Inc., Class A*(b)		98		705
Union Pacific Corp.		1,729		388,178
XPO Logistics, Inc.*		273		14,311
				915,699
Trading Companies & Distributors - 2.0%
Air Lease Corp.		287		10,435

Ultra Industrials

Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Applied Industrial Technologies, Inc.		105		11,132
Core & Main, Inc., Class A*		157		3,700
Fastenal Co.		1,585		79,773
MSC Industrial Direct Co., Inc., Class A		130		10,297
SiteOne Landscape Supply, Inc.*		123		15,395
United Rentals, Inc.*		197		57,532
Univar Solutions, Inc.*		466		11,753
Watsco, Inc.		92		25,027
WW Grainger, Inc.		119		66,038
				291,082
TOTAL COMMON STOCKS (Cost $14,970,993)				11,644,151
SECURITIES LENDING REINVESTMENTS(c) - 0.1%
INVESTMENT COMPANIES - 0.1%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $17,036)		17,036		17,036

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 14.0%
REPURCHASE AGREEMENTS(d) - 14.0%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $2,053,416
(Cost $2,053,292)		2,053,292		2,053,292
Total Investments - 93.3%  (Cost $17,041,321)				13,714,479
Other assets less liabilities - 6.7%				991,378
Net Assets - 100.0%				14,705,857

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $4,955,778.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $34,827, collateralized in the form of cash with a value of $17,036 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $18,353 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from January 15, 2023 – May 15, 2051. The total value of collateral is $35,389.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $17,036.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Industrials
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Swap Agreements

Ultra Industrials had the following open non-exchange traded total return swap agreements as of August 31, 2022:  

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b		Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
3,351,909	5/8/2023	Bank of America NA	2.63	%	Dow Jones U.S. IndustrialsSM Index	(1,490,060	)
589,131	3/7/2024	BNP Paribas SA	2.88	%	Dow Jones U.S. IndustrialsSM Index	66,215
4,130,343	11/7/2022	Citibank NA	2.63	%	Dow Jones U.S. IndustrialsSM Index	(1,183,142	)
5,034,228	3/7/2023	Goldman Sachs International	2.93	%	Dow Jones U.S. IndustrialsSM Index	(1,649,576	)
757,061	4/10/2023	Morgan Stanley & Co. International plc	2.93	%	Dow Jones U.S. IndustrialsSM Index	(65,367	)
1,832,547	3/7/2023	Societe Generale	2.88	%	Dow Jones U.S. IndustrialsSM Index	(603,381	)
2,145,466	3/7/2023	UBS AG	2.68	%	Dow Jones U.S. IndustrialsSM Index	(425,413	)
17,840,685						(5,350,724	)
					Total Unrealized Appreciation	66,215
					Total Unrealized Depreciation	(5,416,939	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MidCap400
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 82.7%
Aerospace & Defense - 1.1%
Axon Enterprise, Inc.*		3,411		397,996
Curtiss-Wright Corp.		1,847		271,860
Hexcel Corp.		4,035		236,733
Mercury Systems, Inc.*		2,770		133,320
Woodward, Inc.		2,912		271,020
				1,310,929
Air Freight & Logistics - 0.2%
GXO Logistics, Inc.*		4,886		216,841
Airlines - 0.1%
JetBlue Airways Corp.*		15,401		119,974
Auto Components - 1.2%
Adient plc*		4,552		151,126
Dana, Inc.		6,880		106,434
Fox Factory Holding Corp.*		2,025		188,750
Gentex Corp.		11,256		307,176
Goodyear Tire & Rubber Co. (The)*		13,563		190,289
Lear Corp.		2,870		397,897
Visteon Corp.*		1,349		161,651
				1,503,323
Automobiles - 0.4%
Harley-Davidson, Inc.		7,078		272,999
Thor Industries, Inc.(b)		2,643		214,109
				487,108
Banks - 5.9%
Associated Banc-Corp.		7,203		144,348
Bank of Hawaii Corp.(b)		1,935		150,969
Bank OZK		5,424		219,835
Cadence Bank		8,811		224,504
Cathay General Bancorp		3,609		151,361
Commerce Bancshares, Inc.		5,274		362,693
Cullen/Frost Bankers, Inc.		2,740		356,090
East West Bancorp, Inc.		6,815		491,839
First Financial Bankshares, Inc.(b)		6,166		262,117
First Horizon Corp.		25,683		580,949
FNB Corp.		16,200		193,104
Fulton Financial Corp.		8,015		130,083
Glacier Bancorp, Inc.		5,213		264,195
Hancock Whitney Corp.		4,147		200,010
Home BancShares, Inc.		9,083		213,723
International Bancshares Corp.		2,548		106,328
Old National Bancorp		14,068		234,795
PacWest Bancorp		5,639		148,475
Pinnacle Financial Partners, Inc.		3,666		295,883
Prosperity Bancshares, Inc.		4,428		313,857
Synovus Financial Corp.		6,979		280,277
Texas Capital Bancshares, Inc.*		2,437		143,856
UMB Financial Corp.		2,068		185,024
Umpqua Holdings Corp.		10,421		184,868
United Bankshares, Inc.		6,519		241,855
Valley National Bancorp		20,178		234,468
Washington Federal, Inc.		3,136		100,383
Webster Financial Corp.		8,553		402,419
Wintrust Financial Corp.		2,894		244,080
				7,062,388
Beverages - 0.4%
Boston Beer Co., Inc. (The), Class A*		450		151,686
Celsius Holdings, Inc.*		1,851		191,560
Coca-Cola Consolidated, Inc.		221		104,827
				448,073
Biotechnology - 1.4%
Arrowhead Pharmaceuticals, Inc.*		5,078		201,647
Exelixis, Inc.*		15,400		273,196
Halozyme Therapeutics, Inc.*		6,624		269,796
Neurocrine Biosciences, Inc.*		4,590		480,252
United Therapeutics Corp.*		2,175		492,898
				1,717,789
Building Products - 2.0%
Builders FirstSource, Inc.*		8,296		486,229
Carlisle Cos., Inc.		2,482		733,828
Lennox International, Inc.		1,586		380,830
Owens Corning		4,661		380,944
Simpson Manufacturing Co., Inc.		2,072		191,950
Trex Co., Inc.*		5,436		254,350
				2,428,131
Capital Markets - 1.6%
Affiliated Managers Group, Inc.		1,856		236,380
Evercore, Inc., Class A		1,950		182,696
Federated Hermes, Inc., Class B		4,401		149,898
Interactive Brokers Group, Inc., Class A		4,199		258,617
Janus Henderson Group plc		8,056		188,510
Jefferies Financial Group, Inc.		9,202		295,292
SEI Investments Co.		5,010		274,047
Stifel Financial Corp.		5,119		303,608
				1,889,048
Chemicals - 2.2%
Ashland, Inc.		2,437		247,989
Avient Corp.		4,391		192,457
Cabot Corp.		2,710		195,039
Chemours Co. (The)		7,464		251,761
Ingevity Corp.*		1,861		130,530
Minerals Technologies, Inc.		1,583		92,226
NewMarket Corp.		325		93,343
Olin Corp.		6,665		364,309
RPM International, Inc.		6,219		579,362
Scotts Miracle-Gro Co. (The)		1,942		130,017
Sensient Technologies Corp.		2,019		160,854
Valvoline, Inc.		8,555		248,694
				2,686,581
Commercial Services & Supplies - 1.3%
Brink's Co. (The)		2,256		124,712
Clean Harbors, Inc.*		2,404		282,278
IAA, Inc.*		6,435		239,768
MillerKnoll, Inc.		3,639		100,728
MSA Safety, Inc.		1,754		208,480
Stericycle, Inc.*		4,422		221,498
Tetra Tech, Inc.		2,577		349,982
				1,527,446
Communications Equipment - 0.8%
Calix, Inc.*		2,668		157,012
Ciena Corp.*		7,305		370,656
Lumentum Holdings, Inc.*		3,314		276,885
Viasat, Inc.*		3,574		135,740
				940,293
Construction & Engineering - 1.6%
AECOM		6,788		496,542

Ultra MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Dycom Industries, Inc.*		1,422		159,435
EMCOR Group, Inc.		2,455		291,949
Fluor Corp.*(b)		6,819		180,294
MasTec, Inc.*		2,744		220,892
MDU Resources Group, Inc.		9,764		294,385
Valmont Industries, Inc.		1,025		283,740
				1,927,237
Construction Materials - 0.2%
Eagle Materials, Inc.		1,898		227,039
Consumer Finance - 0.5%
Bread Financial Holdings, Inc.		2,390		91,848
FirstCash Holdings, Inc.		1,891		147,422
Navient Corp.		7,100		109,269
SLM Corp.		12,924		197,479
				546,018
Containers & Packaging - 0.7%
AptarGroup, Inc.		3,149		323,749
Greif, Inc., Class A		1,277		85,623
Silgan Holdings, Inc.		4,044		184,204
Sonoco Products Co.		4,681		294,996
				888,572
Diversified Consumer Services - 0.9%
Graham Holdings Co., Class B		189		106,866
Grand Canyon Education, Inc.*		1,552		126,302
H&R Block, Inc.		7,663		344,835
Service Corp. International		7,622		470,354
				1,048,357
Diversified Financial Services - 0.2%
Voya Financial, Inc.		4,906		301,866
Diversified Telecommunication Services - 0.2%
Iridium Communications, Inc.*		6,146		272,821
Electric Utilities - 1.2%
ALLETE, Inc.		2,738		162,035
Hawaiian Electric Industries, Inc.		5,254		205,536
IDACORP, Inc.		2,428		265,235
OGE Energy Corp.		9,614		389,751
PNM Resources, Inc.		4,123		195,554
Portland General Electric Co.		4,285		221,406
				1,439,517
Electrical Equipment - 1.7%
Acuity Brands, Inc.		1,660		272,124
EnerSys		1,980		123,492
Hubbell, Inc.		2,576		531,429
nVent Electric plc		7,987		263,251
Regal Rexnord Corp.		3,218		442,765
Sunrun, Inc.*		10,089		333,240
Vicor Corp.*		1,037		73,772
				2,040,073
Electronic Equipment, Instruments & Components - 2.6%
Arrow Electronics, Inc.*		3,171		332,352
Avnet, Inc.		4,691		205,888
Belden, Inc.		2,126		139,210
Cognex Corp.		8,343		351,324
II-VI, Inc.*		6,196		292,637
IPG Photonics Corp.*		1,668		151,104
Jabil, Inc.		6,779		408,774
Littelfuse, Inc.		1,187		281,580
National Instruments Corp.		6,299		250,448
Novanta, Inc.*		1,711		228,744
TD SYNNEX Corp.		1,984		191,020
Vishay Intertechnology, Inc.		6,334		124,590
Vontier Corp.		7,729		169,420
				3,127,091
Energy Equipment & Services - 0.5%
ChampionX Corp.		9,767		213,018
NOV, Inc.		18,862		333,292
				546,310
Entertainment - 0.1%
World Wrestling Entertainment, Inc., Class A		2,077		141,257
Equity Real Estate Investment Trusts (REITs) - 6.7%
Apartment Income REIT Corp.		7,544		308,172
Brixmor Property Group, Inc.		14,384		308,968
Corporate Office Properties Trust		5,397		139,458
Cousins Properties, Inc.		7,141		191,736
Douglas Emmett, Inc.		8,438		164,710
EastGroup Properties, Inc.		2,002		330,390
EPR Properties		3,600		156,564
First Industrial Realty Trust, Inc.		6,339		321,261
Healthcare Realty Trust, Inc.		18,279		444,545
Highwoods Properties, Inc.		5,047		153,479
Hudson Pacific Properties, Inc.		6,943		91,717
Independence Realty Trust, Inc.		10,605		206,267
JBG SMITH Properties		5,220		114,683
Kilroy Realty Corp.		5,044		245,996
Kite Realty Group Trust		10,515		203,570
Lamar Advertising Co., Class A		4,182		392,648
Life Storage, Inc.		4,052		515,527
Macerich Co. (The)		10,305		98,619
Medical Properties Trust, Inc.		28,816		421,002
National Retail Properties, Inc.		8,447		379,270
National Storage Affiliates Trust		4,040		204,101
Omega Healthcare Investors, Inc.		11,295		368,895
Park Hotels & Resorts, Inc.		11,203		156,842
Pebblebrook Hotel Trust		6,306		111,112
Physicians Realty Trust		10,818		180,228
PotlatchDeltic Corp.		3,332		154,671
Rayonier, Inc.		7,026		249,564
Rexford Industrial Realty, Inc.		7,924		492,952
Sabra Health Care REIT, Inc.		11,088		165,987
SL Green Realty Corp.		3,079		136,007
Spirit Realty Capital, Inc.		6,450		263,483
STORE Capital Corp.		12,126		327,160
				7,999,584
Food & Staples Retailing - 1.3%
BJ's Wholesale Club Holdings, Inc.*		6,477		482,472
Casey's General Stores, Inc.		1,781		380,724
Grocery Outlet Holding Corp.*		4,212		168,985
Performance Food Group Co.*		7,443		372,001
Sprouts Farmers Market, Inc.*		5,263		152,101
				1,556,283
Food Products - 1.4%
Darling Ingredients, Inc.*		7,757		589,997
Flowers Foods, Inc.		9,571		261,288
Hain Celestial Group, Inc. (The)*		4,311		87,341
Ingredion, Inc.		3,180		276,883
Lancaster Colony Corp.		951		160,291
Pilgrim's Pride Corp.*		2,308		65,709
Post Holdings, Inc.*		2,683		238,143
				1,679,652

Ultra MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Gas Utilities - 1.3%
National Fuel Gas Co.		4,392		313,018
New Jersey Resources Corp.		4,618		203,838
ONE Gas, Inc.		2,599		203,424
Southwest Gas Holdings, Inc.		3,211		249,976
Spire, Inc.		2,502		174,865
UGI Corp.		10,082		398,239
				1,543,360
Health Care Equipment & Supplies - 2.9%
Enovis Corp.*(b)		2,256		114,268
Envista Holdings Corp.*		7,810		289,673
Globus Medical, Inc., Class A*		3,809		225,455
Haemonetics Corp.*		2,453		184,049
ICU Medical, Inc.*		964		153,276
Inari Medical, Inc.*		1,634		113,318
Integra LifeSciences Holdings Corp.*		3,434		163,836
LivaNova plc*		2,566		144,337
Masimo Corp.*		2,451		360,027
Neogen Corp.*(b)		5,177		108,199
NuVasive, Inc.*		2,499		106,232
Omnicell, Inc.*		2,123		217,162
Penumbra, Inc.*		1,702		279,417
QuidelOrtho Corp.*		2,402		190,383
Shockwave Medical, Inc.*		1,718		510,005
STAAR Surgical Co.*		2,295		217,084
Tandem Diabetes Care, Inc.*		3,071		140,468
				3,517,189
Health Care Providers & Services - 2.1%
Acadia Healthcare Co., Inc.*		4,347		356,150
Amedisys, Inc.*		1,563		185,137
Chemed Corp.		719		342,381
Encompass Health Corp.		4,793		232,796
HealthEquity, Inc.*		4,051		267,690
LHC Group, Inc.*		1,490		240,590
Option Care Health, Inc.*		7,175		222,138
Patterson Cos., Inc.		4,173		116,385
Progyny, Inc.*		3,400		136,714
R1 RCM, Inc.*		6,446		140,845
Tenet Healthcare Corp.*		5,171		292,162
				2,532,988
Hotels, Restaurants & Leisure - 2.1%
Boyd Gaming Corp.		3,841		209,066
Choice Hotels International, Inc.		1,580		181,242
Churchill Downs, Inc.		1,644		324,016
Cracker Barrel Old Country Store, Inc.		1,116		120,461
Light & Wonder, Inc.*		4,595		226,212
Marriott Vacations Worldwide Corp.		1,988		283,131
Papa John's International, Inc.		1,531		123,751
Texas Roadhouse, Inc.		3,273		290,511
Travel + Leisure Co.		4,101		173,882
Wendy's Co. (The)		8,228		157,813
Wingstop, Inc.		1,436		163,503
Wyndham Hotels & Resorts, Inc.		4,423		288,999
				2,542,587
Household Durables - 1.1%
Helen of Troy Ltd.*		1,145		141,557
KB Home		4,164		119,299
Leggett & Platt, Inc.		6,414		245,143
Taylor Morrison Home Corp., Class A*		5,744		144,232
Tempur Sealy International, Inc.		8,428		210,784
Toll Brothers, Inc.		5,294		231,824
TopBuild Corp.*		1,574		289,238
				1,382,077
Household Products - 0.1%
Energizer Holdings, Inc.		3,147		88,431
Independent Power and Renewable Electricity Producers - 0.2%
Ormat Technologies, Inc.		2,154		201,356
Insurance - 3.5%
Alleghany Corp.*		647		544,243
American Financial Group, Inc.		3,188		407,044
Brighthouse Financial, Inc.*		3,596		170,990
CNO Financial Group, Inc.		5,565		102,452
First American Financial Corp.		5,159		276,007
Hanover Insurance Group, Inc. (The)		1,709		221,128
Kemper Corp.		2,880		132,480
Kinsale Capital Group, Inc.		1,035		262,455
Mercury General Corp.		1,276		40,704
Old Republic International Corp.		13,766		300,649
Primerica, Inc.		1,848		234,234
Reinsurance Group of America, Inc.		3,217		403,283
RenaissanceRe Holdings Ltd.		2,122		287,022
RLI Corp.		1,915		210,190
Selective Insurance Group, Inc.		2,899		230,239
Unum Group		9,657		365,517
				4,188,637
Interactive Media & Services - 0.2%
TripAdvisor, Inc.*		4,811		114,502
Ziff Davis, Inc.*		2,271		175,503
				290,005
IT Services - 1.5%
Concentrix Corp.		2,066		259,862
Euronet Worldwide, Inc.*		2,428		215,266
Genpact Ltd.		8,179		384,249
Kyndryl Holdings, Inc.*		8,626		89,883
Maximus, Inc.		2,949		178,680
Sabre Corp.*		15,670		112,667
Western Union Co. (The)		18,535		274,689
WEX, Inc.*		2,159		333,026
				1,848,322
Leisure Products - 1.0%
Brunswick Corp.		3,637		271,720
Callaway Golf Co.*		5,588		123,663
Mattel, Inc.*		16,927		374,425
Polaris, Inc.		2,684		304,017
YETI Holdings, Inc.*		4,137		152,614
				1,226,439
Life Sciences Tools & Services - 1.3%
Azenta, Inc.		3,601		189,808
Bruker Corp.		4,802		268,912
Medpace Holdings, Inc.*		1,293		190,860
Repligen Corp.*		2,475		542,941
Sotera Health Co.*		4,751		80,339
Syneos Health, Inc.*		4,926		296,102
				1,568,962
Machinery - 3.6%
AGCO Corp.		2,936		319,173
Chart Industries, Inc.*		1,721		333,633
Crane Holdings Co.		2,288		215,896

Ultra MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Donaldson Co., Inc.		5,933		304,660
Esab Corp.		2,190		89,987
Flowserve Corp.		6,273		191,138
Graco, Inc.		8,127		518,828
ITT, Inc.		4,010		290,845
Kennametal, Inc.		3,967		92,986
Lincoln Electric Holdings, Inc.		2,789		381,228
Middleby Corp. (The)*		2,611		375,514
Oshkosh Corp.		3,158		251,882
Terex Corp.		3,328		110,556
Timken Co. (The)		3,240		204,088
Toro Co. (The)		5,021		416,392
Watts Water Technologies, Inc., Class A		1,318		182,569
				4,279,375
Marine - 0.2%
Kirby Corp.*		2,895		194,139
Media - 0.7%
Cable One, Inc.		238		270,130
John Wiley & Sons, Inc., Class A		2,083		95,880
New York Times Co. (The), Class A		8,005		244,072
TEGNA, Inc.		10,624		227,354
				837,436
Metals & Mining - 2.6%
Alcoa Corp.		8,857		438,244
Cleveland-Cliffs, Inc.*		22,929		395,984
Commercial Metals Co.		5,834		236,335
MP Materials Corp.*		3,580		125,264
Reliance Steel & Aluminum Co.		2,974		559,053
Royal Gold, Inc.		3,152		289,669
Steel Dynamics, Inc.		8,609		694,918
United States Steel Corp.		12,516		286,241
Worthington Industries, Inc.		1,542		78,627
				3,104,335
Multiline Retail - 0.5%
Kohl's Corp.		6,174		175,465
Macy's, Inc.		13,679		236,920
Nordstrom, Inc.		5,357		91,658
Ollie's Bargain Outlet Holdings, Inc.*		2,802		154,979
				659,022
Multi-Utilities - 0.3%
Black Hills Corp.		3,113		234,969
NorthWestern Corp.		2,600		137,748
				372,717
Oil, Gas & Consumable Fuels - 3.6%
Antero Midstream Corp.		15,618		157,273
CNX Resources Corp.*		9,365		165,480
DT Midstream, Inc.		4,646		256,506
EQT Corp.		14,195		678,521
Equitrans Midstream Corp.		19,532		181,062
HF Sinclair Corp.		7,182		377,989
Matador Resources Co.		5,332		317,787
Murphy Oil Corp.		7,013		273,297
PDC Energy, Inc.		4,583		311,231
Range Resources Corp.*		12,447		409,008
Southwestern Energy Co.*		53,599		401,456
Targa Resources Corp.		10,950		747,118
				4,276,728
Paper & Forest Products - 0.2%
Louisiana-Pacific Corp.		3,943		213,829
Personal Products - 0.3%
BellRing Brands, Inc.*		5,922		140,292
Coty, Inc., Class A*		16,519		124,058
Nu Skin Enterprises, Inc., Class A		2,412		98,747
				363,097
Pharmaceuticals - 0.6%
Jazz Pharmaceuticals plc*		2,992		464,418
Perrigo Co. plc		6,460		241,733
				706,151
Professional Services - 1.5%
ASGN, Inc.*		2,453		237,205
CACI International, Inc., Class A*		1,126		316,260
FTI Consulting, Inc.*		1,654		265,632
Insperity, Inc.		1,711		186,533
KBR, Inc.		6,701		323,658
ManpowerGroup, Inc.		2,534		185,793
Science Applications International Corp.		2,680		244,068
				1,759,149
Real Estate Management & Development - 0.3%
Jones Lang LaSalle, Inc.*		2,345		405,685
Road & Rail - 1.5%
Avis Budget Group, Inc.*		1,647		275,675
Knight-Swift Transportation Holdings, Inc.		7,855		396,756
Landstar System, Inc.		1,781		261,148
Ryder System, Inc.		2,455		187,660
Saia, Inc.*		1,268		262,261
Werner Enterprises, Inc.		2,843		113,123
XPO Logistics, Inc.*		4,751		249,047
				1,745,670
Semiconductors & Semiconductor Equipment - 2.9%
Amkor Technology, Inc.		4,819		97,006
Cirrus Logic, Inc.*		2,751		210,974
First Solar, Inc.*		4,761		607,266
Lattice Semiconductor Corp.*		6,608		356,171
MACOM Technology Solutions Holdings, Inc.*		2,349		129,547
MKS Instruments, Inc.		2,673		266,258
Power Integrations, Inc.		2,801		200,356
Semtech Corp.*		3,048		140,787
Silicon Laboratories, Inc.*		1,754		219,829
SiTime Corp.*		747		79,488
SunPower Corp.*(b)		4,008		96,192
Synaptics, Inc.*		1,903		220,006
Universal Display Corp.		2,085		232,957
Wolfspeed, Inc.*(b)		5,937		673,671
				3,530,508
Software - 2.4%
ACI Worldwide, Inc.*		5,511		130,611
Aspen Technology, Inc.*		1,344		283,046
Blackbaud, Inc.*		2,186		114,328
CommVault Systems, Inc.*		2,141		116,235
Envestnet, Inc.*		2,651		138,833
Fair Isaac Corp.*		1,244		559,054
Manhattan Associates, Inc.*		3,031		428,159
NCR Corp.*		6,558		203,626
Paylocity Holding Corp.*		1,907		459,587
Qualys, Inc.*		1,604		243,647

Ultra MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Teradata Corp.*		5,028		165,421
				2,842,547
Specialty Retail - 2.5%
American Eagle Outfitters, Inc.(b)		7,394		83,256
AutoNation, Inc.*		1,709		212,941
Dick's Sporting Goods, Inc.		2,787		296,453
Five Below, Inc.*		2,666		340,928
Foot Locker, Inc.		4,014		147,876
GameStop Corp., Class A*(b)		11,875		340,100
Gap, Inc. (The)		10,121		92,506
Lithia Motors, Inc., Class A		1,390		368,962
Murphy USA, Inc.		1,069		310,192
RH*		845		216,244
Victoria's Secret & Co.*		3,261		109,048
Williams-Sonoma, Inc.		3,361		499,949
				3,018,455
Technology Hardware, Storage & Peripherals - 0.1%
Xerox Holdings Corp.		5,725		95,149
Textiles, Apparel & Luxury Goods - 1.5%
Capri Holdings Ltd.*		7,088		334,412
Carter's, Inc.		1,935		142,900
Columbia Sportswear Co.		1,601		114,055
Crocs, Inc.*		2,957		217,931
Deckers Outdoor Corp.*		1,308		420,614
Hanesbrands, Inc.		16,747		145,866
Skechers USA, Inc., Class A*		6,476		244,793
Under Armour, Inc., Class A*		9,059		76,277
Under Armour, Inc., Class C*		9,733		73,873
				1,770,721
Thrifts & Mortgage Finance - 0.5%
Essent Group Ltd.		5,165		206,548
MGIC Investment Corp.		14,867		212,449
New York Community Bancorp, Inc.		22,425		219,541
				638,538
Trading Companies & Distributors - 0.8%
GATX Corp.		1,710		165,203
MSC Industrial Direct Co., Inc., Class A		2,266		179,490
Univar Solutions, Inc.*		8,125		204,912
Watsco, Inc.(b)		1,594		433,616
				983,221
Water Utilities - 0.4%
Essential Utilities, Inc.		11,057		543,451
TOTAL COMMON STOCKS (Cost $97,597,955)				99,349,877
SECURITIES LENDING REINVESTMENTS(c) - 0.3%
INVESTMENT COMPANIES - 0.3%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $347,341)		347,341		347,341

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 25.2%
REPURCHASE AGREEMENTS(d) - 25.2%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $30,341,405
(Cost $30,339,551)		30,339,551		30,339,551
Total Investments - 108.2%  (Cost $128,284,847)				130,036,769
Liabilities in excess of other assets - (8.2%)				(9,844,389	)
Net Assets - 100.0%				120,192,380

Ultra MidCap400
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $48,578,197.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $962,642, collateralized in the form of cash with a value of $347,341 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $654,478 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 3.75%, and maturity dates ranging from December 15, 2022 – February 15, 2049. The total value of collateral is $1,001,819.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $347,341.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Futures Contracts Purchased

Ultra MidCap400 had the following open long futures contracts as of August 31, 2022:      

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P Midcap 400 E-Mini Index	2	9/16/2022	USD	$	486,060	$	45,936

Swap Agreements

Ultra MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
13,380,499	5/8/2023	Bank of America NA		2.73	%	S&P MidCap 400®		(3,409,493	)
26,357,444	5/8/2023	BNP Paribas SA		2.78	%	S&P MidCap 400®		(7,973,099	)
15,750,773	4/10/2023	Citibank NA		2.73	%	S&P MidCap 400®		(3,378,138	)
15,249,977	3/7/2023	Goldman Sachs International		2.83	%	S&P MidCap 400®		(2,941,590	)
22,407,546	3/7/2023	Goldman Sachs International		2.60	%	SPDR® S&P MidCap 400® ETF Trust		(5,240,789	)
11,666,609	11/7/2022	Morgan Stanley & Co. International plc		2.88	%	S&P MidCap 400®		(192,276	)
21,762,760	3/7/2023	Societe Generale		2.60	%	S&P MidCap 400®		(4,471,619	)
13,883,726	3/7/2023	UBS AG		2.68	%	S&P MidCap 400®		(4,718,778	)
140,459,334								(32,325,782	)
						Total Unrealized Depreciation		(32,325,782	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra MSCI Brazil Capped

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 51.7%
REPURCHASE AGREEMENTS(a) - 51.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $2,224,452
(Cost $2,224,316)		2,224,316		2,224,316
Total Investments - 51.7%  (Cost $2,224,316)				2,224,316
Other assets less liabilities - 48.3%				2,079,154
Net Assets - 100.0%				4,303,470

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra MSCI Brazil Capped had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	271,456	11/9/2022	Bank of America NA		2.63	%	iShares® MSCI Brazil Capped ETF		(1,184,673	)
	6,256,368	4/10/2023	Citibank NA		2.63	%	iShares® MSCI Brazil Capped ETF		(747,533	)
	610,602	4/10/2023	Goldman Sachs International		1.33	%	iShares® MSCI Brazil Capped ETF		(1,434,474	)
	91,314	4/10/2023	Morgan Stanley & Co. International plc		2.78	%	iShares® MSCI Brazil Capped ETF		9,716
	32,283	4/10/2023	Societe Generale		2.33	%	iShares® MSCI Brazil Capped ETF		(537,688	)
	1,381,695	4/10/2023	UBS AG		2.33	%	iShares® MSCI Brazil Capped ETF		(619,280	)
	8,643,718								(4,513,932	)
							Total Unrealized Appreciation		9,716
							Total Unrealized Depreciation		(4,523,648	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MSCI EAFE

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 65.1%
REPURCHASE AGREEMENTS(a) - 65.1%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $4,154,404
(Cost $4,154,151)		4,154,151		4,154,151
Total Investments - 65.1%  (Cost $4,154,151)				4,154,151
Other assets less liabilities - 34.9%				2,224,396
Net Assets - 100.0%				6,378,547

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra MSCI EAFE had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Depreciation ($)
	7,178,784	11/9/2022	Bank of America NA		2.63	%	iShares® MSCI EAFE ETF		(1,402,693	)
	2,915,723	4/10/2023	Citibank NA		2.73	%	iShares® MSCI EAFE ETF		(1,281,817	)
	732,760	3/7/2023	Goldman Sachs International		2.93	%	iShares® MSCI EAFE ETF		(426,716	)
	2,356	11/9/2023	Morgan Stanley & Co. International plc		2.78	%	iShares® MSCI EAFE ETF		(642	)
	345,175	3/7/2023	Societe Generale		2.83	%	iShares® MSCI EAFE ETF		(1,018,132	)
	1,606,887	3/7/2023	UBS AG		2.53	%	iShares® MSCI EAFE ETF		(938,392	)
	12,781,685								(5,068,392	)
							Total Unrealized Depreciation		(5,068,392	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MSCI Emerging Markets

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 65.6%
REPURCHASE AGREEMENTS(a) - 65.6%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $14,926,977
(Cost $14,926,063)		14,926,063		14,926,063
Total Investments - 65.6%  (Cost $14,926,063)				14,926,063
Other assets less liabilities - 34.4%				7,818,038
Net Assets - 100.0%				22,744,101

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra MSCI Emerging Markets had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Depreciation ($)
	14,017,299	5/8/2023	Bank of America NA		2.58	%	iShares® MSCI Emerging Markets ETF		(5,764,822	)
	3,145,254	4/10/2023	Citibank NA		2.48	%	iShares® MSCI Emerging Markets ETF		(576,559	)
	3,866,841	3/7/2023	Goldman Sachs International		2.63	%	iShares® MSCI Emerging Markets ETF		(682,898	)
	96,474	4/10/2023	Morgan Stanley & Co. International plc		2.78	%	iShares® MSCI Emerging Markets ETF		(27,157	)
	2,182,481	3/7/2023	Societe Generale		2.08	%	iShares® MSCI Emerging Markets ETF		(1,978,029	)
	22,202,834	11/9/2022	UBS AG		2.13	%	iShares® MSCI Emerging Markets ETF		(14,712,952	)
	45,511,183								(23,742,417	)
							Total Unrealized Depreciation		(23,742,417	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MSCI Japan

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
EXCHANGE TRADED FUNDS - 53.3%
iShares MSCI Japan ETF
(Cost $3,349,572)		49,500		2,652,705
Investments		Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 20.2%
REPURCHASE AGREEMENTS(a) - 20.2%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $1,006,338
(Cost $1,006,276)		1,006,276		1,006,276
Total Investments - 73.5%  (Cost $4,355,848)				3,658,981
Other assets less liabilities - 26.5%				1,319,159
Net Assets - 100.0%				4,978,140

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra MSCI Japan had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Depreciation ($)
	1,226,589	12/14/2023	Bank of America NA		2.68	%	iShares® MSCI Japan ETF		(209,521	)
	4,302,425	12/12/2022	Citibank NA		2.83	%	iShares® MSCI Japan ETF		(1,542,255	)
	88,597	12/14/2023	Credit Suisse International		3.03	%	iShares® MSCI Japan ETF		(23,328	)
	18,205	3/7/2023	Goldman Sachs International		2.83	%	iShares® MSCI Japan ETF		(877,248	)
	156,562	11/9/2023	Morgan Stanley & Co. International plc		2.78	%	iShares® MSCI Japan ETF		(41,170	)
	445,413	3/7/2023	Societe Generale		2.48	%	iShares® MSCI Japan ETF		(212,081	)
	1,077,818	12/14/2023	UBS AG		2.33	%	iShares® MSCI Japan ETF		(109,369	)
	7,315,609								(3,014,972	)
							Total Unrealized Depreciation		(3,014,972	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Nasdaq Biotechnology

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 88.4%
Biotechnology - 70.5%
4D Molecular Therapeutics, Inc.*		2,831		22,252
89bio, Inc.*(b)		3,420		15,253
Abcam plc, ADR*(b)		2,165		32,302
AC Immune SA*(b)		7,321		22,109
ACADIA Pharmaceuticals, Inc.*		14,145		232,402
Achilles Therapeutics plc, ADR*		3,428		9,975
Acumen Pharmaceuticals, Inc.*		3,549		20,194
Adaptimmune Therapeutics plc, ADR*		12,065		23,889
Adicet Bio, Inc.*		3,501		49,574
ADMA Biologics, Inc.*		17,203		46,448
Adverum Biotechnologies, Inc.*(b)		8,653		10,037
Aeglea BioTherapeutics, Inc.*		5,360		2,803
Aerovate Therapeutics, Inc.*(b)		2,138		42,397
Affimed NV*		13,081		34,272
Agios Pharmaceuticals, Inc.*		4,800		122,400
Akebia Therapeutics, Inc.*(b)		16,084		5,859
Akero Therapeutics, Inc.*		3,064		36,002
Akouos, Inc.*(b)		3,033		10,161
Alaunos Therapeutics, Inc.*(b)		18,920		46,543
Alector, Inc.*		7,214		74,665
Aligos Therapeutics, Inc.*		3,470		4,338
Alkermes plc*		14,319		338,931
Allakos, Inc.*(b)		4,800		23,280
Allogene Therapeutics, Inc.*		12,570		172,335
Allovir, Inc.*		8,131		61,064
Alnylam Pharmaceuticals, Inc.*		10,586		2,187,809
Alpine Immune Sciences, Inc.*		2,656		19,947
Altimmune, Inc.*		4,294		94,812
ALX Oncology Holdings, Inc.*		3,564		46,332
Amarin Corp. plc, ADR*		34,623		40,855
Amgen, Inc.		25,476		6,121,883
Amicus Therapeutics, Inc.*		24,546		275,652
AnaptysBio, Inc.*		2,470		57,353
Anavex Life Sciences Corp.*		6,782		65,039
Annexon, Inc.*(b)		4,169		24,514
Apellis Pharmaceuticals, Inc.*		9,332		564,679
Applied Molecular Transport, Inc.*		3,387		5,013
Applied Therapeutics, Inc.*		4,052		5,551
Arbutus Biopharma Corp.*		12,979		28,813
Arcturus Therapeutics Holdings, Inc.*		2,315		32,503
Arcutis Biotherapeutics, Inc.*(b)		5,269		142,000
Argenx SE, ADR*		2,604		983,973
Arrowhead Pharmaceuticals, Inc.*		9,268		368,032
Ascendis Pharma A/S, ADR*		4,860		435,310
Atara Biotherapeutics, Inc.*		8,185		32,822
Athenex, Inc.*		9,798		4,698
Aurinia Pharmaceuticals, Inc.*		12,408		91,323
Autolus Therapeutics plc, ADR*		5,069		16,728
Avidity Biosciences, Inc.*		4,360		85,543
Avrobio, Inc.*		3,829		3,638
Beam Therapeutics, Inc.*		6,156		336,118
BeiGene Ltd., ADR*		4,310		739,855
BELLUS Health, Inc.*		10,791		123,017
Bicycle Therapeutics plc, ADR*(b)		2,232		59,036
BioAtla, Inc.*(b)		3,148		27,419
BioCryst Pharmaceuticals, Inc.*		16,262		226,042
Biogen, Inc.*		12,830		2,506,725
BioMarin Pharmaceutical, Inc.*		16,209		1,445,843
Biomea Fusion, Inc.*		2,555		29,382
BioNTech SE, ADR		7,720		1,116,621
Black Diamond Therapeutics, Inc.*(b)		3,179		10,141
Bluebird Bio, Inc.*		6,247		36,482
Blueprint Medicines Corp.*		5,219		382,135
Bolt Biotherapeutics, Inc.*(b)		3,284		5,911
Bridgebio Pharma, Inc.*		12,940		135,870
Brooklyn ImmunoTherapeutics, Inc.*(b)		5,035		2,072
C4 Therapeutics, Inc.*		4,275		43,092
Cabaletta Bio, Inc.*		2,539		2,424
Candel Therapeutics, Inc.*		2,513		8,720
Caribou Biosciences, Inc.*		5,319		52,499
Cellectis SA, ADR*(b)		1,636		5,415
Centessa Pharmaceuticals plc, ADR*(b)		4,223		18,370
Century Therapeutics, Inc.*(b)		5,157		54,252
ChemoCentryx, Inc.*		6,238		318,013
Chimerix, Inc.*		7,662		16,856
Chinook Therapeutics, Inc.*		5,398		112,278
Clovis Oncology, Inc.*(b)		12,606		14,119
Codiak Biosciences, Inc.*		1,970		4,236
Cogent Biosciences, Inc.*		5,583		92,064
Coherus Biosciences, Inc.*		6,783		75,834
Compass Pathways plc, ADR*(b)		2,065		33,742
Connect Biopharma Holdings Ltd., ADR*(b)		4,233		5,926
Corvus Pharmaceuticals, Inc.*		4,080		3,911
Crinetics Pharmaceuticals, Inc.*		4,686		88,472
CRISPR Therapeutics AG*		6,786		441,701
Cullinan Oncology, Inc.*		3,924		52,896
CureVac NV*		16,387		161,248
Curis, Inc.*(b)		8,028		7,787
Cyteir Therapeutics, Inc.*(b)		3,101		6,698
Cytokinetics, Inc.*		7,506		397,518
CytomX Therapeutics, Inc.*		5,729		8,594
Day One Biopharmaceuticals, Inc.*		6,301		148,010
Decibel Therapeutics, Inc.*		2,188		10,809
Deciphera Pharmaceuticals, Inc.*		5,801		94,150
Denali Therapeutics, Inc.*		10,772		298,061
Design Therapeutics, Inc.*		4,887		99,011
Dyne Therapeutics, Inc.*		4,524		44,335
Eagle Pharmaceuticals, Inc.*		1,109		36,342
Editas Medicine, Inc.*		6,016		88,435
Eiger BioPharmaceuticals, Inc.*		3,786		31,272
Enanta Pharmaceuticals, Inc.*		1,815		110,497
Erasca, Inc.*(b)		10,677		96,307
Evelo Biosciences, Inc.*(b)		9,453		20,702
Exelixis, Inc.*		28,102		498,529
Fate Therapeutics, Inc.*		8,466		221,301
FibroGen, Inc.*		8,175		101,697
Forma Therapeutics Holdings, Inc.*		4,190		56,146
Frequency Therapeutics, Inc.*		3,063		6,310
G1 Therapeutics, Inc.*		3,742		54,296
Galapagos NV, ADR*		1,207		60,422
Gamida Cell Ltd.*		5,252		13,918
Generation Bio Co.*		5,002		25,610
Genmab A/S, ADR*(b)		3,699		131,278
Geron Corp.*(b)		33,071		87,307
Gilead Sciences, Inc.		100,861		6,401,648
Global Blood Therapeutics, Inc.*(b)		5,704		387,302
Gossamer Bio, Inc.*(b)		8,212		114,557
Gracell Biotechnologies, Inc., ADR*(b)		5,664		14,217

Ultra Nasdaq Biotechnology

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Graphite Bio, Inc.*		5,063		16,759
Grifols SA, ADR*		10,126		78,679
Gritstone bio, Inc.*		6,379		20,987
Halozyme Therapeutics, Inc.*		12,084		492,181
Harpoon Therapeutics, Inc.*		2,900		4,814
Homology Medicines, Inc.*		5,027		11,763
Horizon Therapeutics plc*		20,146		1,192,845
Humacyte, Inc.*(b)		9,025		32,941
Icosavax, Inc.*(b)		3,481		16,430
Ideaya Biosciences, Inc.*		3,386		33,284
IGM Biosciences, Inc.*(b)		2,400		46,584
I-Mab, ADR*		4,522		27,720
Imago Biosciences, Inc.*		2,957		42,965
Immuneering Corp., Class A*(b)		2,313		12,907
Immunic, Inc.*		2,675		11,904
ImmunityBio, Inc.*(b)		34,867		139,468
ImmunoGen, Inc.*		19,321		112,255
Immunovant, Inc.*		10,196		52,509
Impel Pharmaceuticals, Inc.*		2,030		15,875
Incyte Corp.*		19,406		1,366,765
Infinity Pharmaceuticals, Inc.*		7,810		12,574
Inhibrx, Inc.*		3,421		60,689
Inovio Pharmaceuticals, Inc.*		20,068		45,956
Insmed, Inc.*		10,471		257,796
Instil Bio, Inc.*		11,329		58,911
Intellia Therapeutics, Inc.*		6,645		399,099
Intercept Pharmaceuticals, Inc.*		2,606		45,266
Ionis Pharmaceuticals, Inc.*		12,424		528,268
Iovance Biotherapeutics, Inc.*		13,776		147,679
Ironwood Pharmaceuticals, Inc.*		13,478		145,023
iTeos Therapeutics, Inc.*		3,115		69,091
IVERIC bio, Inc.*		10,199		100,358
Janux Therapeutics, Inc.*(b)		3,648		39,471
Jounce Therapeutics, Inc.*		4,526		16,565
KalVista Pharmaceuticals, Inc.*		2,151		35,427
Kamada Ltd.*(b)		3,925		19,586
Karuna Therapeutics, Inc.*		2,618		667,747
Karyopharm Therapeutics, Inc.*		6,957		35,202
Keros Therapeutics, Inc.*		2,106		74,489
Kezar Life Sciences, Inc.*		5,987		61,546
Kiniksa Pharmaceuticals Ltd., Class A*		3,002		35,183
Kinnate Biopharma, Inc.*(b)		3,854		55,806
Kodiak Sciences, Inc.*		4,553		45,576
Kronos Bio, Inc.*		4,971		19,884
Krystal Biotech, Inc.*		2,246		157,467
Kura Oncology, Inc.*		5,838		80,915
Kymera Therapeutics, Inc.*		4,532		128,120
Larimar Therapeutics, Inc.*		1,551		4,219
Leap Therapeutics, Inc.*		8,671		12,313
Legend Biotech Corp., ADR*		4,668		217,015
Lexicon Pharmaceuticals, Inc.*		16,086		44,237
Ligand Pharmaceuticals, Inc.*		1,477		136,460
Lyell Immunopharma, Inc.*(b)		21,567		144,499
MacroGenics, Inc.*		5,373		21,331
Madrigal Pharmaceuticals, Inc.*		1,499		108,108
Magenta Therapeutics, Inc.*		5,152		9,068
MannKind Corp.*		22,128		80,767
MeiraGTx Holdings plc*		3,917		32,511
Mereo Biopharma Group plc, ADR*		10,206		12,247
Mersana Therapeutics, Inc.*		8,499		63,743
Merus NV*		3,815		90,339
Mirati Therapeutics, Inc.*		4,866		394,292
Mirum Pharmaceuticals, Inc.*		3,220		80,436
Moderna, Inc.*		34,692		4,588,711
Molecular Templates, Inc.*		4,936		3,622
Monte Rosa Therapeutics, Inc.*(b)		4,089		32,385
Morphic Holding, Inc.*		3,354		92,302
Mustang Bio, Inc.*		8,954		5,440
Myriad Genetics, Inc.*		7,039		157,251
Neoleukin Therapeutics, Inc.*		3,724		3,836
Neurocrine Biosciences, Inc.*		8,369		875,648
NextCure, Inc.*		2,430		9,963
Nkarta, Inc.*(b)		4,241		61,028
Novavax, Inc.*(b)		6,845		226,159
Nurix Therapeutics, Inc.*		3,939		61,960
Nuvalent, Inc., Class A*(b)		3,757		63,418
ObsEva SA*		7,332		1,317
Olema Pharmaceuticals, Inc.*		3,535		13,963
Omega Therapeutics, Inc.*(b)		4,192		18,738
Oncocyte Corp.*		10,384		8,203
Oncorus, Inc.*(b)		2,267		2,947
ORIC Pharmaceuticals, Inc.*		3,457		11,961
Ovid therapeutics, Inc.*(b)		6,169		12,400
Oyster Point Pharma, Inc.*(b)		2,335		14,594
Passage Bio, Inc.*		4,759		9,613
PMV Pharmaceuticals, Inc.*		3,994		55,596
Poseida Therapeutics, Inc.*		7,511		24,861
Praxis Precision Medicines, Inc.*		3,981		12,421
Precigen, Inc.*		18,198		40,218
Precision BioSciences, Inc.*		8,531		13,735
Prelude Therapeutics, Inc.*		4,179		30,089
Prometheus Biosciences, Inc.*		3,435		179,685
ProQR Therapeutics NV*		6,252		4,938
Protagonist Therapeutics, Inc.*		4,264		37,182
Prothena Corp. plc*		4,102		113,092
PTC Therapeutics, Inc.*		6,250		312,125
Puma Biotechnology, Inc.*		3,939		10,557
Quince Therapeutics, Inc.*(b)		3,126		5,502
Rallybio Corp.*(b)		2,814		31,095
RAPT Therapeutics, Inc.*		2,598		69,393
Recursion Pharmaceuticals, Inc., Class A*		14,336		150,671
Regeneron Pharmaceuticals, Inc.*		9,423		5,475,328
REGENXBIO, Inc.*		3,778		111,451
Relay Therapeutics, Inc.*		9,519		218,651
Repare Therapeutics, Inc.*		3,671		43,758
Replimune Group, Inc.*		4,298		81,920
REVOLUTION Medicines, Inc.*		7,505		156,329
Rhythm Pharmaceuticals, Inc.*(b)		4,417		99,824
Rigel Pharmaceuticals, Inc.*		15,076		21,408
Rocket Pharmaceuticals, Inc.*		5,768		88,885
Rubius Therapeutics, Inc.*(b)		7,903		5,532
SAB Biotherapeutics, Inc.*(b)		3,767		2,637
Sage Therapeutics, Inc.*		5,175		194,891
Sana Biotechnology, Inc.*(b)		16,617		113,162
Sangamo Therapeutics, Inc.*		12,854		69,412
Sarepta Therapeutics, Inc.*		7,667		838,616
Scholar Rock Holding Corp.*(b)		4,521		37,705
Seagen, Inc.*		16,128		2,488,389
Selecta Biosciences, Inc.*		13,302		25,008
Sensei Biotherapeutics, Inc.*		2,683		5,125
Sera Prognostics, Inc., Class A*(b)		2,586		5,431
Seres Therapeutics, Inc.*		10,865		55,846
Sesen Bio, Inc.*(b)		17,476		12,058
Shattuck Labs, Inc.*		3,711		12,061
Silverback Therapeutics, Inc.*(b)		3,079		16,750
Solid Biosciences, Inc.*		9,885		6,326
Spectrum Pharmaceuticals, Inc.*		15,777		17,828

Ultra Nasdaq Biotechnology

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Spero Therapeutics, Inc.*(b)		2,874		2,319
SpringWorks Therapeutics, Inc.*		4,329		120,216
Stoke Therapeutics, Inc.*		3,435		51,731
Summit Therapeutics, Inc.*(b)		8,598		10,318
Surface Oncology, Inc.*		4,784		6,506
Sutro Biopharma, Inc.*		4,085		23,121
Syndax Pharmaceuticals, Inc.*		4,927		116,326
Syros Pharmaceuticals, Inc.*		5,503		4,406
Talaris Therapeutics, Inc.*		3,634		12,029
Taysha Gene Therapies, Inc.*		3,551		11,221
TCR2 Therapeutics, Inc.*		3,378		9,188
Tenaya Therapeutics, Inc.*		3,618		15,883
Tonix Pharmaceuticals Holding Corp.*(b)		2,718		2,772
Travere Therapeutics, Inc.*		5,565		148,919
Twist Bioscience Corp.*		4,930		197,792
Ultragenyx Pharmaceutical, Inc.*		6,128		292,244
uniQure NV*		4,087		79,860
United Therapeutics Corp.*		3,967		899,002
UroGen Pharma Ltd.*		1,989		14,818
Vanda Pharmaceuticals, Inc.*		4,949		52,360
Vaxcyte, Inc.*		5,108		133,625
Veracyte, Inc.*		6,261		127,724
Verastem, Inc.*		16,328		18,940
Vertex Pharmaceuticals, Inc.*		22,311		6,286,347
Verve Therapeutics, Inc.*(b)		5,244		201,160
Vir Biotechnology, Inc.*		11,597		275,429
Viracta Therapeutics, Inc.*(b)		3,286		13,308
Vor BioPharma, Inc.*		3,293		16,893
Werewolf Therapeutics, Inc.*		2,422		12,255
Xencor, Inc.*		5,217		137,677
Xenon Pharmaceuticals, Inc.*		5,450		211,515
Y-mAbs Therapeutics, Inc.*		3,831		61,602
Zai Lab Ltd., ADR*		5,989		276,752
Zentalis Pharmaceuticals, Inc.*		4,991		133,809
				67,730,041
Health Care Equipment & Supplies - 0.8%
Bioventus, Inc., Class A*(b)		5,376		39,299
Novocure Ltd.*(b)		9,163		752,557
				791,856
Health Care Providers & Services - 0.7%
23andMe Holding Co.*(b)		22,464		75,704
Castle Biosciences, Inc.*		2,301		66,729
Guardant Health, Inc.*		8,932		447,136
PetIQ, Inc.*		2,565		23,957
				613,526
Life Sciences Tools & Services - 5.0%
AbCellera Biologics, Inc.*		24,930		266,252
Absci Corp.*(b)		8,134		27,412
Adaptive Biotechnologies Corp.*		12,462		111,161
Alpha Teknova, Inc.*		2,456		11,076
Codex DNA, Inc.*		2,577		4,948
Codexis, Inc.*		5,723		40,118
Compugen Ltd.*(b)		7,575		8,863
Harvard Bioscience, Inc.*		3,614		11,926
Illumina, Inc.*		13,648		2,751,983
Maravai LifeSciences Holdings, Inc., Class A*		11,525		240,527
MaxCyte, Inc.*		8,897		46,264
Medpace Holdings, Inc.*		2,947		435,007
NanoString Technologies, Inc.*		4,067		55,148
Nautilus Biotechnology, Inc.*(b)		10,905		24,100
Pacific Biosciences of California, Inc.*(b)		19,660		115,208
Personalis, Inc.*		3,981		13,177
Quantum-Si, Inc.*(b)		10,427		32,532
Rapid Micro Biosystems, Inc., Class A*		3,188		10,616
Seer, Inc.*		5,116		51,672
Singular Genomics Systems, Inc.*		6,184		16,511
Syneos Health, Inc.*		8,988		540,269
				4,814,770
Pharmaceuticals - 11.4%
Aclaris Therapeutics, Inc.*		5,834		92,819
Aerie Pharmaceuticals, Inc.*		4,261		64,341
Amphastar Pharmaceuticals, Inc.*		4,279		126,658
Aquestive Therapeutics, Inc.*		4,674		6,754
Arvinas, Inc.*		4,656		197,135
AstraZeneca plc, ADR		49,187		3,068,285
ATAI Life Sciences NV*(b)		14,083		63,374
Atea Pharmaceuticals, Inc.*		7,295		54,713
Athira Pharma, Inc.*		3,296		11,141
Avadel Pharmaceuticals plc, ADR*(b)		5,166		34,302
Axsome Therapeutics, Inc.*(b)		3,410		217,558
Cara Therapeutics, Inc.*		4,695		48,452
Clearside Biomedical, Inc.*		5,268		7,217
Collegium Pharmaceutical, Inc.*		2,975		52,301
Cymabay Therapeutics, Inc.*		7,418		26,260
Edgewise Therapeutics, Inc.*(b)		4,343		43,778
Esperion Therapeutics, Inc.*		5,520		41,179
Evolus, Inc.*		4,911		47,195
EyePoint Pharmaceuticals, Inc.*(b)		2,983		29,830
Fulcrum Therapeutics, Inc.*(b)		4,559		33,737
Harmony Biosciences Holdings, Inc.*		5,173		227,146
Harrow Health, Inc.*		2,368		21,288
HUTCHMED China Ltd., ADR*		4,705		60,506
Ikena Oncology, Inc.*		3,167		15,043
Innoviva, Inc.*(b)		6,108		80,381
Intra-Cellular Therapies, Inc.*		8,263		415,298
Jazz Pharmaceuticals plc*		5,460		847,501
KemPharm, Inc.*(b)		3,016		16,467
Landos Biopharma, Inc.*(b)		3,526		3,173
Marinus Pharmaceuticals, Inc.*(b)		3,255		22,655
Nektar Therapeutics*		16,321		64,305
NGM Biopharmaceuticals, Inc.*		6,944		97,980
NRX Pharmaceuticals, Inc.*(b)		5,839		3,795
Ocular Therapeutix, Inc.*		6,726		34,168
Omeros Corp.*(b)		5,494		22,141
Optinose, Inc.*(b)		7,245		26,444
Pacira BioSciences, Inc.*		3,981		208,923
Paratek Pharmaceuticals, Inc.*		4,773		11,980
Phathom Pharmaceuticals, Inc.*(b)		3,422		29,224
Phibro Animal Health Corp., Class A		1,781		26,377
Pliant Therapeutics, Inc.*		4,111		79,260
Provention Bio, Inc.*(b)		7,142		30,854
Rain Therapeutics, Inc.*(b)		1,646		9,761
Rani Therapeutics Holdings, Inc., Class A*(b)		2,147		19,108
Reata Pharmaceuticals, Inc., Class A*		2,763		66,063
Redhill Biopharma Ltd., ADR*		4,618		4,153
Relmada Therapeutics, Inc.*		2,628		76,580
Revance Therapeutics, Inc.*		6,376		126,882
Royalty Pharma plc, Class A		38,142		1,594,717
Sanofi, ADR		24,944		1,023,452
SIGA Technologies, Inc.(b)		6,343		95,652
Supernus Pharmaceuticals, Inc.*		4,681		160,231

Ultra Nasdaq Biotechnology

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Terns Pharmaceuticals, Inc.*		2,216		8,642
Theravance Biopharma, Inc.*		6,668		60,079
Tricida, Inc.*(b)		4,857		60,810
Verrica Pharmaceuticals, Inc.*(b)		3,460		13,563
Viatris, Inc.		106,113		1,013,379
WaVe Life Sciences Ltd.*		7,599		22,569
Xeris Biopharma Holdings, Inc.*(b)		11,874		19,830
				10,987,409
TOTAL COMMON STOCKS (Cost $116,277,752)				84,937,602

Investments	Number of Rights		Value ($)
RIGHTS - 0.0%(c)
Biotechnology - 0.0%(c)
Achillion Pharmaceuticals, Inc., CVR*(d)(e) (Cost $11,641)		25,307		11,641

Investments	Shares		Value ($)
SECURITIES LENDING REINVESTMENTS(f) - 1.9%
INVESTMENT COMPANIES - 1.9%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $1,839,032)		1,839,032		1,839,032

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 7.7%
REPURCHASE AGREEMENTS(g) - 7.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $7,357,188
(Cost $7,356,739)		7,356,739		7,356,739
Total Investments - 98.0%  (Cost $125,485,164)				94,145,014
Other assets less liabilities - 2.0%				1,920,054
Net Assets - 100.0%				96,065,068

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $30,606,754.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $2,994,211, collateralized in the form of cash with a value of $1,839,032 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $1,209,769 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from October 20, 2022 – February 15, 2052. The total value of collateral is $3,048,801.
(c)	Represents less than 0.05% of net assets.
(d)	Security fair valued as of August 31, 2022 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at August 31, 2022 amounted to $11,641, which represents approximately 0.01% of net assets of the Fund.
(e)	Illiquid security.
(f)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $1,839,032.
(g)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Abbreviations
ADR	American Depositary Receipt
CVR	Contingent Value Rights - No defined expiration

Ultra Nasdaq Biotechnology

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Swap Agreements

Ultra Nasdaq Biotechnology had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	21,042,295	5/8/2023	Bank of America NA		2.48	%	NASDAQ Biotechnology Index®		(12,554,068	)
	12,674,034	11/6/2023	BNP Paribas SA		2.63	%	NASDAQ Biotechnology Index®		1,278,469
	17,447,070	4/10/2023	Citibank NA		2.48	%	NASDAQ Biotechnology Index®		(10,762,887	)
	19,644,366	3/7/2023	Goldman Sachs International		2.93	%	NASDAQ Biotechnology Index®		(9,449,861	)
	3,884,850	11/7/2022	Morgan Stanley & Co. International plc		2.78	%	NASDAQ Biotechnology Index®		(1,345,677	)
	19,825,865	3/7/2023	Societe Generale		2.68	%	NASDAQ Biotechnology Index®		(8,153,292	)
	13,176,052	3/7/2023	UBS AG		2.33	%	NASDAQ Biotechnology Index®		(9,012,828	)
	107,694,532								(50,000,144	)
							Total Unrealized Appreciation		1,278,469
							Total Unrealized Depreciation		(51,278,613	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Nasdaq Cloud Computing

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 89.3%
Communications Equipment - 5.6%
Arista Networks, Inc.*		492		58,981
Cisco Systems, Inc.		745		33,316
				92,297
Diversified Telecommunication Services - 2.1%
Lumen Technologies, Inc.		3,426		34,123
Health Care Technology - 0.6%
Veeva Systems, Inc., Class A*		49		9,767
Interactive Media & Services - 2.9%
Alphabet, Inc., Class A*		440		47,617
Internet & Direct Marketing Retail - 6.3%
Alibaba Group Holding Ltd., ADR*		524		49,995
Amazon.com, Inc.*		419		53,116
				103,111
IT Services - 20.4%
Akamai Technologies, Inc.*		332		29,973
Cloudflare, Inc., Class A*		598		37,417
DigitalOcean Holdings, Inc.*		1,030		43,353
Fastly, Inc., Class A*		1,926		18,008
International Business Machines Corp.		362		46,499
MongoDB, Inc.*		177		57,146
Rackspace Technology, Inc.*		5,452		24,316
Shopify, Inc., Class A*		670		21,205
Snowflake, Inc., Class A*		66		11,943
Toast, Inc., Class A*		516		9,768
Twilio, Inc., Class A*		239		16,629
Wix.com Ltd.*		266		16,835
				333,092
Software - 44.7%
Adobe, Inc.*		60		22,406
Appfolio, Inc., Class A*		84		8,516
Appian Corp.*		351		16,462
AppLovin Corp., Class A*(b)		660		16,256
Asana, Inc., Class A*		385		7,373
Atlassian Corp. plc, Class A*		142		35,168
Avalara, Inc.*		99		9,067
Blackbaud, Inc.*		132		6,903
Blackline, Inc.*		115		7,813
Box, Inc., Class A*		321		8,266
Confluent, Inc., Class A*		1,191		32,586
Couchbase, Inc.*		592		9,821
Coupa Software, Inc.*		122		7,125
Crowdstrike Holdings, Inc., Class A*		52		9,496
Datadog, Inc., Class A*		88		9,236
DocuSign, Inc.*		100		5,822
Domo, Inc., Class B*		526		10,131
Dropbox, Inc., Class A*		402		8,599
Elastic NV*		136		11,412
Everbridge, Inc.*		203		8,075
HashiCorp, Inc., Class A*(b)		719		25,417
HubSpot, Inc.*		75		25,278
Intuit, Inc.		20		8,635
Microsoft Corp.		185		48,372
MicroStrategy, Inc., Class A*		95		21,998
Open Text Corp.		205		6,453
Oracle Corp.		700		51,905
Palo Alto Networks, Inc.*		17		9,466
Paycom Software, Inc.*		29		10,185
Paylocity Holding Corp.*		48		11,568
Q2 Holdings, Inc.*		159		6,315
Qualtrics International, Inc., Class A*		591		7,240
Qualys, Inc.*		64		9,722
RingCentral, Inc., Class A*		399		17,173
Salesforce, Inc.*		157		24,511
SAP SE, ADR		168		14,317
ServiceNow, Inc.*		54		23,469
Smartsheet, Inc., Class A*		235		7,818
Splunk, Inc.*		245		22,057
Sprout Social, Inc., Class A*		165		9,907
Trade Desk, Inc. (The), Class A*		161		10,095
VMware, Inc., Class A		393		45,600
Workday, Inc., Class A*		54		8,886
Workiva, Inc.*		345		23,422
Zendesk, Inc.*		92		7,063
Zoom Video Communications, Inc., Class A*		78		6,271
Zscaler, Inc.*		55		8,758
Zuora, Inc., Class A*		826		6,344
				728,778
Technology Hardware, Storage & Peripherals - 6.7%
Hewlett Packard Enterprise Co.		1,613		21,937
NetApp, Inc.		350		25,246
Pure Storage, Inc., Class A*		2,121		61,445
				108,628
TOTAL COMMON STOCKS (Cost $1,879,903)				1,457,413
SECURITIES LENDING REINVESTMENTS(c) - 2.4%
INVESTMENT COMPANIES - 2.4%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $38,757)		38,757		38,757

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 19.5%
REPURCHASE AGREEMENTS(d) - 19.5%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $318,333
(Cost $318,314)		318,314		318,314
Total Investments - 111.2%  (Cost $2,236,974)				1,814,484
Liabilities in excess of other assets - (11.2%)				(182,619	)
Net Assets - 100.0%				1,631,865

Ultra Nasdaq Cloud Computing

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $287,972.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $37,502, collateralized in the form of cash with a value of $38,757 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $38,757.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Nasdaq Cloud Computing had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
	743,987	11/7/2022	Bank of America NA		2.43	%	ISE Cloud Computing Index		(188,005	)
	660,478	11/6/2023	BNP Paribas SA		2.78	%	ISE Cloud Computing Index		(328,445	)
	233,065	3/7/2023	Goldman Sachs International		2.93	%	ISE Cloud Computing Index		(343,752	)
	170,813	11/7/2022	UBS AG		2.88	%	ISE Cloud Computing Index		(475,927	)
	1,808,343								(1,336,129	)
							Total Unrealized Depreciation		(1,336,129	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Nasdaq Cybersecurity

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
EXCHANGE TRADED FUNDS - 9.4%
First Trust NASDAQ Cybersecurity ETF
(Cost $244,592)		4,974		213,136

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 33.1%
REPURCHASE AGREEMENTS(a) - 33.1%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $756,059
(Cost $756,013)		756,013		756,013
Total Investments - 42.5%  (Cost $1,000,605)				969,149
Other assets less liabilities - 57.5%				1,312,735
Net Assets - 100.0%				2,281,884

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Nasdaq Cybersecurity had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
	1,790,392	11/7/2022	Bank of America NA		2.58	%	First Trust Nasdaq Cybersecurity ETF		(164,365	)
	1,128,374	11/6/2023	BNP Paribas SA		2.83	%	First Trust Nasdaq Cybersecurity ETF		(402,910	)
	1,325,935	3/7/2023	Goldman Sachs International		2.93	%	First Trust Nasdaq Cybersecurity ETF		(639,948	)
	107,328	11/7/2022	UBS AG		2.83	%	First Trust Nasdaq Cybersecurity ETF		(330,986	)
	4,352,029								(1,538,209	)
							Total Unrealized Depreciation		(1,538,209	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Oil & Gas

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 62.8%
Electric Utilities - 0.3%
OGE Energy Corp.		11,610		470,669
Electrical Equipment - 0.5%
Plug Power, Inc.*		30,168		845,911
Energy Equipment & Services - 4.2%
Baker Hughes Co.		54,170		1,368,334
Halliburton Co.		52,274		1,575,016
NOV, Inc.		22,770		402,346
Schlumberger NV		81,862		3,123,035
TechnipFMC plc*		24,641		201,563
				6,670,294
Oil, Gas & Consumable Fuels - 57.3%
APA Corp.		19,594		766,321
Cheniere Energy, Inc.		13,702		2,194,786
Chevron Corp.		113,810		17,988,809
ConocoPhillips		74,985		8,207,108
Continental Resources, Inc.		3,369		235,257
Coterra Energy, Inc.(b)		46,713		1,443,899
Devon Energy Corp.		35,557		2,511,035
Diamondback Energy, Inc.		9,902		1,319,739
DT Midstream, Inc.		5,612		309,839
EOG Resources, Inc.		33,961		4,119,469
EQT Corp.		17,131		818,862
Equitrans Midstream Corp.		23,585		218,633
Exxon Mobil Corp.		244,217		23,344,703
Hess Corp.		16,057		1,939,364
HF Sinclair Corp.		8,675		456,565
Kinder Morgan, Inc.		113,053		2,071,131
Marathon Oil Corp.		41,020		1,049,702
Marathon Petroleum Corp.		31,363		3,159,822
New Fortress Energy, Inc.		2,402		137,755
Occidental Petroleum Corp.		51,593		3,663,103
ONEOK, Inc.		25,895		1,585,551
Ovintiv, Inc.		14,998		796,994
Phillips 66		27,889		2,494,950
Pioneer Natural Resources Co.		13,044		3,303,002
Targa Resources Corp.		13,221		902,069
Texas Pacific Land Corp.		361		664,406
Valero Energy Corp.		23,646		2,769,420
Williams Cos., Inc. (The)		70,617		2,403,096
				90,875,390
Semiconductors & Semiconductor Equipment - 0.5%
First Solar, Inc.*		5,742		732,392
TOTAL COMMON STOCKS (Cost $81,816,714)				99,594,656

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 4.0%
REPURCHASE AGREEMENTS(c) - 4.0%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $6,292,777
(Cost $6,292,393)		6,292,393		6,292,393
Total Investments - 66.8%  (Cost $88,109,107)				105,887,049
Other assets less liabilities - 33.2%				52,561,520
Net Assets - 100.0%				158,448,569

Ultra Oil & Gas

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $31,507,943.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $642,526, collateralized in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from January 15, 2023 – May 15, 2051. The total value of collateral is $648,610.
(c)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Oil & Gas had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	20,860,315	5/8/2023	Bank of America NA		2.63	%	Dow Jones U.S. Oil & GasSM Index		10,270,844
	20,996,363	11/6/2023	BNP Paribas SA		2.83	%	Dow Jones U.S. Oil & GasSM Index		(1,703,065	)
	14,819,021	11/6/2023	Citibank NA		2.63	%	Dow Jones U.S. Oil & GasSM Index		15,728,487
	21,698,823	3/7/2023	Goldman Sachs International		2.93	%	Dow Jones U.S. Oil & GasSM Index		2,429,541
	9,389,937	11/7/2022	Morgan Stanley & Co. International plc		2.93	%	Dow Jones U.S. Oil & GasSM Index		6,854,951
	30,135,084	3/7/2023	Societe Generale		2.88	%	Dow Jones U.S. Oil & GasSM Index		6,766,009
	100,198,615	3/6/2024	UBS AG		2.33	%	Dow Jones U.S. Oil & GasSM Index		11,505,807
	218,098,158								51,852,574
							Total Unrealized Appreciation		53,555,639
							Total Unrealized Depreciation		(1,703,065	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra QQQ

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 86.2%
Automobiles - 4.1%
Lucid Group, Inc.*(b)		418,050		6,412,887
Tesla, Inc.*		469,820		129,487,090
				135,899,977
Beverages - 2.6%
Keurig Dr Pepper, Inc.		355,582		13,554,786
Monster Beverage Corp.*		132,774		11,794,314
PepsiCo, Inc.		346,514		59,693,967
				85,043,067
Biotechnology - 3.5%
Amgen, Inc.		133,909		32,178,333
Biogen, Inc.*		36,701		7,170,641
Gilead Sciences, Inc.		314,501		19,961,378
Moderna, Inc.*		99,683		13,185,070
Regeneron Pharmaceuticals, Inc.*		27,114		15,754,861
Seagen, Inc.*		46,065		7,107,369
Vertex Pharmaceuticals, Inc.*		64,073		18,053,209
				113,410,861
Commercial Services & Supplies - 0.5%
Cintas Corp.		25,638		10,430,564
Copart, Inc.*		59,578		7,128,508
				17,559,072
Communications Equipment - 1.4%
Cisco Systems, Inc.		1,038,246		46,430,361
Electric Utilities - 1.2%
American Electric Power Co., Inc.		128,761		12,901,852
Constellation Energy Corp.		81,867		6,679,501
Exelon Corp.		245,859		10,795,669
Xcel Energy, Inc.		136,581		10,141,139
				40,518,161
Entertainment - 1.6%
Activision Blizzard, Inc.		195,969		15,381,607
Electronic Arts, Inc.		70,179		8,903,610
NetEase, Inc., ADR		45,597		4,035,790
Netflix, Inc.*		111,324		24,887,593
				53,208,600
Food & Staples Retailing - 2.0%
Costco Wholesale Corp.		111,119		58,015,230
Walgreens Boots Alliance, Inc.		216,451		7,588,772
				65,604,002
Food Products - 1.0%
Kraft Heinz Co. (The)		306,899		11,478,023
Mondelez International, Inc., Class A		346,865		21,457,069
				32,935,092
Health Care Equipment & Supplies - 1.2%
Align Technology, Inc.*		19,748		4,812,588
Dexcom, Inc.*		98,361		8,086,258
IDEXX Laboratories, Inc.*		21,053		7,318,444
Intuitive Surgical, Inc.*		89,944		18,505,078
				38,722,368
Hotels, Restaurants & Leisure - 2.0%
Airbnb, Inc., Class A*		95,853		10,842,892
Booking Holdings, Inc.*		10,221		19,172,654
Marriott International, Inc., Class A		82,064		12,616,519
Starbucks Corp.		287,402		24,161,886
				66,793,951
Industrial Conglomerates - 1.0%
Honeywell International, Inc.		170,643		32,311,252
Interactive Media & Services - 9.1%
Alphabet, Inc., Class A*		908,987		98,370,573
Alphabet, Inc., Class C*		946,879		103,351,843
Baidu, Inc., ADR*		54,073		7,784,890
Match Group, Inc.*		71,543		4,044,326
Meta Platforms, Inc., Class A*		519,062		84,570,771
				298,122,403
Internet & Direct Marketing Retail - 6.9%
Amazon.com, Inc.*		1,537,579		194,918,890
eBay, Inc.		140,356		6,193,910
JD.com, Inc., ADR		127,008		8,063,738
MercadoLibre, Inc.*		12,655		10,824,581
Pinduoduo, Inc., ADR*		111,132		7,923,711
				227,924,830
IT Services - 3.0%
Automatic Data Processing, Inc.		104,715		25,593,393
Cognizant Technology Solutions Corp., Class A		130,694		8,255,940
Fiserv, Inc.*		162,018		16,394,602
Okta, Inc.*		37,839		3,458,485
Paychex, Inc.		90,557		11,169,300
PayPal Holdings, Inc.*		290,386		27,133,668
VeriSign, Inc.*		27,437		4,999,570
				97,004,958
Life Sciences Tools & Services - 0.2%
Illumina, Inc.*		39,387		7,941,995
Machinery - 0.2%
PACCAR, Inc.		87,151		7,626,584
Media - 2.0%
Charter Communications, Inc., Class A*		42,062		17,356,043
Comcast Corp., Class A		1,120,530		40,551,981
Sirius XM Holdings, Inc.(b)		986,595		6,008,363
				63,916,387
Multiline Retail - 0.2%
Dollar Tree, Inc.*		56,285		7,636,749
Pharmaceuticals - 0.3%
AstraZeneca plc, ADR		144,882		9,037,739
Professional Services - 0.2%
Verisk Analytics, Inc.		39,555		7,403,114
Road & Rail - 0.8%
CSX Corp.		544,974		17,248,427
Old Dominion Freight Line, Inc.		28,462		7,724,872
				24,973,299
Semiconductors & Semiconductor Equipment - 12.2%
Advanced Micro Devices, Inc.*		406,346		34,486,585
Analog Devices, Inc.		130,300		19,744,359
Applied Materials, Inc.		218,081		20,514,880
ASML Holding NV (Registered), NYRS		21,459		10,513,622
Broadcom, Inc.		102,401		51,109,363
Intel Corp.		1,025,343		32,728,949
KLA Corp.		37,398		12,869,774
Lam Research Corp.		34,730		15,208,614

Ultra QQQ

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares	Value ($)
Marvell Technology, Inc.	213,124	9,978,466
Microchip Technology, Inc.	139,080	9,074,970
Micron Technology, Inc.	280,008	15,828,852
NVIDIA Corp.	531,789	80,268,232
NXP Semiconductors NV	65,823	10,833,149
QUALCOMM, Inc.	280,961	37,162,711
Skyworks Solutions, Inc.	40,348	3,976,295
Texas Instruments, Inc.	231,099	38,179,866
		402,478,687
Software - 14.8%
Adobe, Inc.*	118,476	44,243,677
ANSYS, Inc.*	21,793	5,411,202
Atlassian Corp. plc, Class A*	35,847	8,877,868
Autodesk, Inc.*	54,532	11,001,286
Cadence Design Systems, Inc.*	69,091	12,005,943
Crowdstrike Holdings, Inc., Class A*	53,480	9,765,983
Datadog, Inc., Class A*	70,989	7,450,296
DocuSign, Inc.*	50,152	2,919,849
Fortinet, Inc.*	201,314	9,801,979
Intuit, Inc.	70,716	30,533,755
Microsoft Corp.	1,130,142	295,498,229
Palo Alto Networks, Inc.*	24,972	13,904,659
Splunk, Inc.*(b)	40,342	3,631,990
Synopsys, Inc.*	38,267	13,241,147
Workday, Inc., Class A*	49,881	8,208,417
Zoom Video Communications, Inc., Class A*	63,088	5,072,275
Zscaler, Inc.*	35,375	5,633,115
		487,201,670
Specialty Retail - 0.6%
O'Reilly Automotive, Inc.*	16,425	11,450,196
Ross Stores, Inc.	88,124	7,602,457
		19,052,653
Technology Hardware, Storage & Peripherals - 11.7%
Apple, Inc.	2,446,033	384,565,308
Textiles, Apparel & Luxury Goods - 0.3%
Lululemon Athletica, Inc.*	30,794	9,236,968
Trading Companies & Distributors - 0.2%
Fastenal Co.	144,336	7,264,431
Wireless Telecommunication Services - 1.4%
T-Mobile US, Inc.*	314,231	45,236,695
TOTAL COMMON STOCKS (Cost $3,429,389,662)		2,835,061,234
SECURITIES LENDING REINVESTMENTS(c) - 0.3%
INVESTMENT COMPANIES - 0.3%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $11,110,183)	11,110,183	11,110,183

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 36.5%
REPURCHASE AGREEMENTS(d) - 4.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $154,749,526
(Cost $154,740,067)	154,740,067	154,740,067
U.S. TREASURY OBLIGATIONS - 31.8%
U.S. Treasury Bills
1.35%, 9/8/2022(e)	50,000,000	49,980,215
1.37%, 9/13/2022(e)	125,000,000	124,909,791
1.53%, 9/15/2022(e)	50,000,000	49,958,389
2.09%, 9/22/2022(e)	75,000,000	74,910,313
1.68%, 9/29/2022(e)	200,000,000	199,669,288
1.34%, 10/20/2022(e)	100,000,000	99,666,187
2.49%, 11/10/2022(e)	150,000,000	149,241,909
2.64%, 11/17/2022(e)	50,000,000	49,713,924
2.59%, 12/1/2022(e)	250,000,000	248,189,005
TOTAL U.S. TREASURY OBLIGATIONS (Cost $1,046,742,519)		1,046,239,021
TOTAL SHORT-TERM INVESTMENTS (Cost $1,201,482,586)		1,200,979,088
Total Investments - 123.0%  (Cost $4,641,982,431)		4,047,150,505
Liabilities in excess of other assets - (23.0%)		(757,345,415	)
Net Assets - 100.0%		3,289,805,090

Ultra QQQ

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,942,605,405.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $14,700,674, collateralized in the form of cash with a value of $11,110,183 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $3,953,170 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from December 15, 2022 – May 15, 2051. The total value of collateral is $15,063,353.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $11,110,183.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(e)	The rate shown was the current yield as of August 31, 2022.

Abbreviations
ADR	American Depositary Receipt
NYRS	New York Registry Shares

Ultra QQQ

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Purchased

Ultra QQQ had the following open long futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
NASDAQ 100 E-Mini Index	683	9/16/2022	USD	$	167,816,515	$	12,660,298

Swap Agreements

Ultra QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	368,884,950	11/6/2023	Bank of America NA		2.93	%	NASDAQ-100 Index®		(73,907,347	)
	230,603,716	11/6/2023	Barclays Capital		2.93	%	NASDAQ-100 Index®		(10,583,859	)
	306,309,869	5/8/2023	BNP Paribas SA		2.98	%	NASDAQ-100 Index®		(205,161,219	)
	213,876,939	4/10/2023	Citibank NA		2.99	%	NASDAQ-100 Index®		(127,087,878	)
	453,267,428	4/10/2023	Credit Suisse International		2.93	%	NASDAQ-100 Index®		(151,730,764	)
	328,599,359	3/7/2023	Goldman Sachs International		2.73	%	PowerShares QQQ TrustSM, Series 1		(184,991,636	)
	388,630,646	4/8/2024	Goldman Sachs International		2.93	%	NASDAQ-100 Index®		(10,519,825	)
	452,850,179	5/8/2023	J.P. Morgan Securities		2.73	%	NASDAQ-100 Index®		(191,422,804	)
	108,030,680	11/7/2022	Morgan Stanley & Co. International plc		2.88	%	NASDAQ-100 Index®		(34,654,549	)
	375,425,223	11/7/2022	Morgan Stanley & Co. International plc		2.88	%	PowerShares QQQ TrustSM, Series 1		51,669,681
	24,151,355	4/10/2023	Societe Generale		3.18	%	NASDAQ-100 Index®		(9,543,647	)
	326,116,925	3/7/2023	UBS AG		3.13	%	NASDAQ-100 Index®		(205,319,526	)
	3,576,747,269								(1,153,253,373	)
							Total Unrealized Appreciation		51,669,681
							Total Unrealized Depreciation		(1,204,923,054	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra Real Estate

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 85.5%
Equity Real Estate Investment Trusts (REITs) - 78.5%
Alexandria Real Estate Equities, Inc.		8,509		1,305,281
American Homes 4 Rent, Class A		16,930		602,031
American Tower Corp.		26,612		6,760,779
Americold Realty Trust, Inc.(b)		15,427		453,862
Apartment Income REIT Corp.		9,000		367,650
AvalonBay Communities, Inc.		8,010		1,609,289
Boston Properties, Inc.		8,170		648,943
Brixmor Property Group, Inc.		17,160		368,597
Camden Property Trust		6,103		784,296
Corporate Office Properties Trust		6,440		166,410
Cousins Properties, Inc.		8,523		228,843
Crown Castle, Inc.		24,808		4,237,951
CubeSmart		12,858		592,111
Digital Realty Trust, Inc.		16,309		2,016,282
Douglas Emmett, Inc.		10,071		196,586
Duke Realty Corp.		22,025		1,296,171
EastGroup Properties, Inc.		2,388		394,092
Equinix, Inc.		5,215		3,428,185
Equity Commonwealth*		6,455		169,831
Equity LifeStyle Properties, Inc.		9,911		694,761
Equity Residential		19,605		1,434,694
Essex Property Trust, Inc.		3,743		992,120
Extra Space Storage, Inc.		7,693		1,528,830
Federal Realty Investment Trust		4,095		414,701
First Industrial Realty Trust, Inc.		7,562		383,242
Gaming and Leisure Properties, Inc.		13,473		650,342
Healthcare Realty Trust, Inc.		21,809		530,395
Healthpeak Properties, Inc.		30,911		811,414
Highwoods Properties, Inc.		6,024		183,190
Host Hotels & Resorts, Inc.		40,950		727,681
Hudson Pacific Properties, Inc.		8,286		109,458
Invitation Homes, Inc.		34,965		1,268,530
Iron Mountain, Inc.		16,646		875,746
JBG SMITH Properties		6,229		136,851
Kilroy Realty Corp.		6,018		293,498
Kimco Realty Corp.		35,406		746,358
Lamar Advertising Co., Class A		4,988		468,323
Life Storage, Inc.		4,833		614,999
LXP Industrial Trust(b)		16,422		165,205
Medical Properties Trust, Inc.		34,380		502,292
Mid-America Apartment Communities, Inc.(b)		6,613		1,095,576
National Health Investors, Inc.		2,627		172,095
National Retail Properties, Inc.		10,078		452,502
National Storage Affiliates Trust		4,822		243,607
Omega Healthcare Investors, Inc.		13,476		440,126
Orion Office REIT, Inc.		3,244		32,018
Physicians Realty Trust		12,907		215,031
PotlatchDeltic Corp.		3,974		184,473
Prologis, Inc.		42,410		5,280,469
Public Storage		8,749		2,894,432
Rayonier, Inc.		8,381		297,693
Realty Income Corp.		34,466		2,353,338
Regency Centers Corp.		8,887		540,685
Rexford Industrial Realty, Inc.		9,457		588,320
Sabra Health Care REIT, Inc.		13,231		198,068
SBA Communications Corp.		6,178		2,009,394
Simon Property Group, Inc.		18,811		1,918,346
SL Green Realty Corp.		3,675		162,325
Spirit Realty Capital, Inc.		7,692		314,218
STAG Industrial, Inc.		10,267		316,224
STORE Capital Corp.		14,466		390,293
Sun Communities, Inc.		6,967		1,070,898
UDR, Inc.		17,147		769,386
Ventas, Inc.		22,899		1,095,946
VICI Properties, Inc.		55,171		1,820,091
Vornado Realty Trust		9,116		239,021
Welltower, Inc.		26,008		1,993,513
Weyerhaeuser Co.		42,652		1,456,992
WP Carey, Inc.		11,051		928,615
				68,633,515
Mortgage Real Estate Investment Trusts (REITs) - 2.2%
AGNC Investment Corp.		29,983		358,297
Annaly Capital Management, Inc.		95,111		613,466
Blackstone Mortgage Trust, Inc., Class A		9,756		282,729
Rithm Capital Corp.		26,742		252,177
Starwood Property Trust, Inc.		17,583		403,178
				1,909,847
Professional Services - 1.8%
CoStar Group, Inc.*		22,700		1,580,828
Real Estate Management & Development - 3.0%
CBRE Group, Inc., Class A*		18,723		1,478,368
Compass, Inc., Class A*(b)		1,649		4,716
Howard Hughes Corp. (The)*		2,209		140,559
Jones Lang LaSalle, Inc.*		2,799		484,227
Opendoor Technologies, Inc.*		22,549		97,637
Redfin Corp.*(b)		6,140		50,286
Zillow Group, Inc., Class A*		2,067		69,038
Zillow Group, Inc., Class C*(b)		9,383		313,955
				2,638,786
TOTAL COMMON STOCKS (Cost $84,872,036)				74,762,976
SECURITIES LENDING REINVESTMENTS(c) - 0.1%
INVESTMENT COMPANIES - 0.1%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $48,337)		48,337		48,337

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 19.1%
REPURCHASE AGREEMENTS(d) - 19.1%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $16,748,109
(Cost $16,747,085)	16,747,085	16,747,085
Total Investments - 104.7%  (Cost $101,667,458)		91,558,398
Liabilities in excess of other assets - (4.7%)		(4,090,558	)
Net Assets - 100.0%		87,467,840

Ultra Real Estate

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $36,689,869.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $700,491, collateralized in the form of cash with a value of $48,337 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $675,509 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from December 15, 2022 – May 15, 2051. The total value of collateral is $723,846.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $48,337.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Real Estate had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	9,931,598	5/8/2023	Bank of America NA		3.28	%	Dow Jones U.S. Real EstateSM Index		(2,251,931	)
	10,140,173	5/8/2023	BNP Paribas SA		2.93	%	Dow Jones U.S. Real EstateSM Index		(5,985,761	)
	10,253,409	11/7/2022	Citibank NA		3.03	%	Dow Jones U.S. Real EstateSM Index		(1,023,796	)
	24,603,800	3/7/2023	Goldman Sachs International		2.93	%	Dow Jones U.S. Real EstateSM Index		(4,466,780	)
	186,658	11/7/2022	Morgan Stanley & Co. International plc		2.93	%	Dow Jones U.S. Real EstateSM Index		28,564
	4,387,743	3/7/2023	Societe Generale		3.03	%	Dow Jones U.S. Real EstateSM Index		(3,782,827	)
	41,109,342	3/7/2023	UBS AG		2.68	%	Dow Jones U.S. Real EstateSM Index		(2,118,605	)
	100,612,723								(19,601,136	)
							Total Unrealized Appreciation		28,564
							Total Unrealized Depreciation		(19,629,700	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 79.4%
Aerospace & Defense - 0.7%
AAR Corp.*		1,819		77,999
Aerojet Rocketdyne Holdings, Inc.*		4,269		183,866
AeroVironment, Inc.*		1,249		110,724
AerSale Corp.*(b)		855		16,484
Archer Aviation, Inc., Class A*		6,694		23,697
Astra Space, Inc.*(b)		7,735		6,597
Astronics Corp.*		1,360		12,526
Cadre Holdings, Inc.		888		22,644
Ducommun, Inc.*		596		26,224
Kaman Corp.		1,507		47,802
Kratos Defense & Security Solutions, Inc.*		6,647		83,353
Maxar Technologies, Inc.		3,910		93,175
Momentus, Inc.*(b)		2,928		5,183
Moog, Inc., Class A		1,541		115,544
National Presto Industries, Inc.		275		18,760
Park Aerospace Corp.		1,054		12,132
Parsons Corp.*(b)		1,808		74,815
Redwire Corp.*(b)		1,038		2,865
Rocket Lab USA, Inc.*		11,466		63,063
Terran Orbital Corp.*(b)		1,285		5,397
Triumph Group, Inc.*		3,445		44,751
V2X, Inc.*		619		21,454
Virgin Galactic Holdings, Inc.*(b)		12,275		72,545
				1,141,600
Air Freight & Logistics - 0.3%
Air Transport Services Group, Inc.*		3,176		95,693
Atlas Air Worldwide Holdings, Inc.*		1,506		150,479
Forward Air Corp.		1,445		140,223
Hub Group, Inc., Class A*		1,806		144,137
Radiant Logistics, Inc.*		2,038		14,266
				544,798
Airlines - 0.3%
Allegiant Travel Co.*		833		80,384
Blade Air Mobility, Inc.*(b)		3,017		15,568
Frontier Group Holdings, Inc.*		2,005		25,864
Hawaiian Holdings, Inc.*		2,723		40,818
Joby Aviation, Inc.*(b)		13,504		71,571
SkyWest, Inc.*		2,684		57,142
Spirit Airlines, Inc.*		5,863		132,973
Sun Country Airlines Holdings, Inc.*		1,781		35,478
Wheels Up Experience, Inc.*		8,556		16,000
				475,798
Auto Components - 1.1%
Adient plc*		5,105		169,486
American Axle & Manufacturing Holdings, Inc.*		6,079		62,918
Dana, Inc.		6,944		107,424
Dorman Products, Inc.*		1,417		128,451
Fox Factory Holding Corp.*		2,282		212,705
Gentherm, Inc.*		1,781		106,682
Goodyear Tire & Rubber Co. (The)*		15,092		211,741
Holley, Inc.*(b)		2,765		15,677
LCI Industries		1,338		155,034
Luminar Technologies, Inc.*(b)		12,839		110,672
Modine Manufacturing Co.*		2,676		40,086
Motorcar Parts of America, Inc.*		1,005		14,934
Patrick Industries, Inc.		1,181		62,558
Solid Power, Inc.*(b)		3,052		20,082
Standard Motor Products, Inc.		1,105		40,553
Stoneridge, Inc.*		1,414		26,866
Tenneco, Inc., Class A*		4,438		83,701
Visteon Corp.*		1,495		179,146
XPEL, Inc.*(c)		1,158		79,358
				1,828,074
Automobiles - 0.2%
Canoo, Inc.*(b)		6,199		19,775
Cenntro Electric Group Ltd.*(b)		9,894		13,060
Faraday Future Intelligent Electric, Inc.*(b)		5,339		5,980
Fisker, Inc.*(b)		8,742		78,940
Lordstown Motors Corp.*(b)		8,580		18,361
Mullen Automotive, Inc.*		811		541
Winnebago Industries, Inc.(b)		1,723		99,210
Workhorse Group, Inc.*(b)		7,885		24,680
				260,547
Banks - 7.6%
1st Source Corp.		867		40,914
ACNB Corp.(b)		454		16,144
Allegiance Bancshares, Inc.		1,043		44,181
Amalgamated Financial Corp.		756		17,010
Amerant Bancorp, Inc.		1,510		39,547
American National Bankshares, Inc.		559		18,408
Ameris Bancorp		3,560		166,181
Arrow Financial Corp.		740		23,761
Associated Banc-Corp.		8,026		160,841
Atlantic Union Bankshares Corp.		4,029		130,741
Banc of California, Inc.		2,957		49,914
BancFirst Corp.		1,057		114,008
Bancorp, Inc. (The)*		2,998		71,113
Bank First Corp.		348		28,282
Bank of Marin Bancorp		842		26,018
Bank of NT Butterfield & Son Ltd. (The)		2,674		87,226
BankUnited, Inc.		4,393		162,761
Bankwell Financial Group, Inc.		302		9,519
Banner Corp.		1,839		111,738
Bar Harbor Bankshares		793		22,466
BayCom Corp.		691		12,860
BCB Bancorp, Inc.		772		13,896
Berkshire Hills Bancorp, Inc.		2,483		70,045
Blue Ridge Bankshares, Inc.(b)		915		13,423
Brookline Bancorp, Inc.		4,083		50,915
Business First Bancshares, Inc.		1,138		26,845
Byline Bancorp, Inc.		1,323		28,855
Cadence Bank		9,857		251,156
Cambridge Bancorp		366		30,096
Camden National Corp.		774		35,008
Capital Bancorp, Inc.		483		11,964
Capital City Bank Group, Inc.		728		23,245
Capstar Financial Holdings, Inc.		1,094		22,044
Carter Bankshares, Inc.*		1,308		21,543
Cathay General Bancorp		3,872		162,392
CBTX, Inc.		988		29,442
Central Pacific Financial Corp.		1,455		31,704
Citizens & Northern Corp.		811		19,464
City Holding Co.		791		67,243
Civista Bancshares, Inc.		784		16,582
CNB Financial Corp.		867		22,819
Coastal Financial Corp.*		561		22,552

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Colony Bankcorp, Inc.		880		12,426
Columbia Banking System, Inc.		4,237		126,898
Community Bank System, Inc.		2,872		187,771
Community Trust Bancorp, Inc.		843		35,617
ConnectOne Bancorp, Inc.		1,998		50,010
CrossFirst Bankshares, Inc.*		2,451		32,304
Customers Bancorp, Inc.*		1,668		57,863
CVB Financial Corp.(b)		7,270		190,765
Dime Community Bancshares, Inc.		1,794		56,080
Eagle Bancorp, Inc.		1,705		82,744
Eastern Bankshares, Inc.		8,650		167,810
Enterprise Bancorp, Inc.		502		16,154
Enterprise Financial Services Corp.		1,897		86,731
Equity Bancshares, Inc., Class A		827		25,827
Esquire Financial Holdings, Inc.		373		13,943
Farmers & Merchants Bancorp, Inc.		651		18,593
Farmers National Banc Corp.		1,693		24,193
FB Financial Corp.		1,950		77,259
Financial Institutions, Inc.		814		21,188
First Bancorp		1,897		69,070
First Bancorp		10,547		150,822
First Bancorp, Inc. (The)		523		15,167
First Bancshares, Inc. (The)		1,060		31,694
First Bank		833		12,487
First Busey Corp.		2,776		63,848
First Business Financial Services, Inc.		432		14,377
First Commonwealth Financial Corp.		5,022		67,697
First Community Bankshares, Inc.		879		27,715
First Financial Bancorp		5,014		108,202
First Financial Bankshares, Inc.		6,990		297,145
First Financial Corp.		616		28,644
First Foundation, Inc.		2,752		52,178
First Guaranty Bancshares, Inc.		326		7,263
First Internet Bancorp		489		17,932
First Interstate BancSystem, Inc., Class A		5,040		202,910
First Merchants Corp.		3,079		122,606
First Mid Bancshares, Inc.		1,002		35,421
First of Long Island Corp. (The)		1,198		22,055
First Western Financial, Inc.*		425		11,275
Five Star Bancorp		675		17,165
Flushing Financial Corp.		1,547		31,946
Fulton Financial Corp.		8,441		136,997
FVCBankcorp, Inc.*		642		12,365
German American Bancorp, Inc.		1,489		55,927
Glacier Bancorp, Inc.		5,980		303,066
Great Southern Bancorp, Inc.		516		30,330
Guaranty Bancshares, Inc.		443		15,350
Hancock Whitney Corp.		4,636		223,594
Hanmi Financial Corp.		1,627		40,219
HarborOne Bancorp, Inc.		2,454		33,473
HBT Financial, Inc.		545		9,854
Heartland Financial USA, Inc.		2,211		98,765
Heritage Commerce Corp.		3,159		35,665
Heritage Financial Corp.		1,860		48,341
Hilltop Holdings, Inc.		3,298		87,067
Home BancShares, Inc.		10,226		240,618
HomeStreet, Inc.		966		33,626
HomeTrust Bancshares, Inc.		784		18,204
Hope Bancorp, Inc.		6,234		90,206
Horizon Bancorp, Inc.		2,168		41,019
Independent Bank Corp.		2,511		196,436
Independent Bank Corp./MI		1,082		22,203
Independent Bank Group, Inc.		1,975		133,036
International Bancshares Corp.		2,925		122,060
John Marshall Bancorp, Inc.(b)		612		15,429
Lakeland Bancorp, Inc.		3,348		54,539
Lakeland Financial Corp.		1,321		99,524
Live Oak Bancshares, Inc.		1,759		63,746
Macatawa Bank Corp.		1,412		13,442
Mercantile Bank Corp.		829		27,423
Metrocity Bankshares, Inc.		1,003		20,050
Metropolitan Bank Holding Corp.*		556		39,804
Mid Penn Bancorp, Inc.		771		22,428
Midland States Bancorp, Inc.		1,138		28,552
MidWestOne Financial Group, Inc.		761		23,210
MVB Financial Corp.		549		17,557
National Bank Holdings Corp., Class A		1,572		63,084
NBT Bancorp, Inc.		2,248		87,177
Nicolet Bankshares, Inc.*		661		50,619
Northeast Bank		362		14,035
Northwest Bancshares, Inc.		6,534		91,933
OceanFirst Financial Corp.		3,121		60,672
OFG Bancorp		2,561		69,659
Old National Bancorp		15,776		263,301
Old Second Bancorp, Inc.		2,279		31,268
Origin Bancorp, Inc.		1,208		49,347
Orrstown Financial Services, Inc.		571		14,692
Pacific Premier Bancorp, Inc.		5,042		165,176
Park National Corp.		771		101,641
Parke Bancorp, Inc.		543		12,044
Pathward Financial, Inc.		1,560		51,418
PCB Bancorp		624		11,719
PCSB Financial Corp.		672		12,439
Peapack-Gladstone Financial Corp.		935		31,481
Peoples Bancorp, Inc.		1,495		44,686
Peoples Financial Services Corp.		376		18,304
Preferred Bank		738		50,066
Premier Financial Corp.		1,905		51,473
Primis Financial Corp.		1,192		15,627
Professional Holding Corp., Class A*		694		19,404
QCR Holdings, Inc.		891		49,762
RBB Bancorp		805		17,791
Red River Bancshares, Inc.		235		12,011
Renasant Corp.		2,945		98,186
Republic Bancorp, Inc., Class A		475		20,188
Republic First Bancorp, Inc.*		2,599		8,265
S&T Bancorp, Inc.		2,100		62,244
Sandy Spring Bancorp, Inc.		2,381		91,716
Seacoast Banking Corp. of Florida		3,254		105,169
ServisFirst Bancshares, Inc.		2,700		227,772
Shore Bancshares, Inc.		957		18,231
Sierra Bancorp		739		15,312
Silvergate Capital Corp., Class A*		1,686		153,628
Simmons First National Corp., Class A		6,730		158,761
SmartFinancial, Inc.		834		20,925
South Plains Financial, Inc.		545		14,786
Southern First Bancshares, Inc.*		408		17,589
Southside Bancshares, Inc.		1,645		61,984
SouthState Corp.		4,032		314,657
Stock Yards Bancorp, Inc.		1,541		102,107
Summit Financial Group, Inc.		601		17,141
Texas Capital Bancshares, Inc.*		2,736		161,506
Third Coast Bancshares, Inc.*		688		12,522
Tompkins Financial Corp.		755		54,088

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Towne Bank		3,622		103,191
TriCo Bancshares		1,702		80,317
Triumph Bancorp, Inc.*		1,291		79,926
Trustmark Corp.		3,295		103,924
UMB Financial Corp.		2,367		211,775
United Bankshares, Inc.		7,126		264,375
United Community Banks, Inc.		5,718		191,725
Unity Bancorp, Inc.		378		10,595
Univest Financial Corp.		1,570		38,936
USCB Financial Holdings, Inc.*(b)		580		7,540
Valley National Bancorp		23,172		269,259
Veritex Holdings, Inc.		2,825		85,061
Washington Federal, Inc.		3,485		111,555
Washington Trust Bancorp, Inc.		930		47,086
WesBanco, Inc.		3,142		107,488
West Bancorp, Inc.		870		21,411
Westamerica Bancorp		1,401		78,386
				12,480,942
Beverages - 0.5%
Celsius Holdings, Inc.*		2,940		304,261
Coca-Cola Consolidated, Inc.		252		119,531
Duckhorn Portfolio, Inc. (The)*		1,986		36,225
MGP Ingredients, Inc.		754		82,533
National Beverage Corp.		1,270		70,434
Primo Water Corp.		8,475		111,361
Vintage Wine Estates, Inc.*		1,740		10,283
Vita Coco Co., Inc. (The)*(b)		1,499		22,470
				757,098
Biotechnology - 6.1%
2seventy bio, Inc.*		2,013		29,651
4D Molecular Therapeutics, Inc.*		1,613		12,678
Aadi Bioscience, Inc.*(b)		780		10,569
ACADIA Pharmaceuticals, Inc.*		6,467		106,253
Adagio Therapeutics, Inc.*		2,758		12,576
Adicet Bio, Inc.*		1,522		21,552
ADMA Biologics, Inc.*		9,990		26,973
Aerovate Therapeutics, Inc.*(b)		493		9,776
Affimed NV*		7,646		20,033
Agenus, Inc.*		14,521		39,207
Agios Pharmaceuticals, Inc.*		2,935		74,843
Akero Therapeutics, Inc.*		1,506		17,696
Albireo Pharma, Inc.*		926		16,205
Alector, Inc.*		3,344		34,610
Alkermes plc*		8,769		207,562
Allogene Therapeutics, Inc.*		4,285		58,747
Allovir, Inc.*		1,669		12,534
Alpine Immune Sciences, Inc.*		839		6,301
ALX Oncology Holdings, Inc.*(b)		1,153		14,989
Amicus Therapeutics, Inc.*		14,831		166,552
AnaptysBio, Inc.*		1,090		25,310
Anavex Life Sciences Corp.*		3,669		35,186
Anika Therapeutics, Inc.*		784		17,718
Apellis Pharmaceuticals, Inc.*		4,890		295,894
Arbutus Biopharma Corp.*		5,804		12,885
Arcellx, Inc.*		528		9,488
Arcturus Therapeutics Holdings, Inc.*		1,242		17,438
Arcus Biosciences, Inc.*		2,761		66,485
Arcutis Biotherapeutics, Inc.*(b)		1,883		50,747
Arrowhead Pharmaceuticals, Inc.*		5,537		219,874
Atara Biotherapeutics, Inc.*		4,934		19,785
Aura Biosciences, Inc.*(b)		986		13,173
Aurinia Pharmaceuticals, Inc.*		7,214		53,095
Avid Bioservices, Inc.*(b)		3,284		56,550
Avidity Biosciences, Inc.*		2,628		51,561
Beam Therapeutics, Inc.*		3,417		186,568
BioCryst Pharmaceuticals, Inc.*		9,974		138,639
Biohaven Pharmaceutical Holding Co. Ltd.*		3,351		500,472
Bioxcel Therapeutics, Inc.*(b)		1,029		14,077
Bluebird Bio, Inc.*		3,846		22,461
Blueprint Medicines Corp.*		3,212		235,183
Bridgebio Pharma, Inc.*		5,624		59,052
C4 Therapeutics, Inc.*		2,262		22,801
CareDx, Inc.*		2,739		53,657
Caribou Biosciences, Inc.*		2,904		28,662
Catalyst Pharmaceuticals, Inc.*		5,153		69,772
Celldex Therapeutics, Inc.*		2,464		74,906
Celularity, Inc., Class A*(b)		836		2,266
Century Therapeutics, Inc.*(b)		1,082		11,383
Cerevel Therapeutics Holdings, Inc.*(b)		2,923		85,059
ChemoCentryx, Inc.*		3,399		173,281
Chimerix, Inc.*		4,522		9,948
Chinook Therapeutics, Inc.*		2,349		48,859
Cogent Biosciences, Inc.*		2,398		39,543
Coherus Biosciences, Inc.*		3,962		44,295
Crinetics Pharmaceuticals, Inc.*		2,831		53,449
CTI BioPharma Corp.*(b)		4,979		31,268
Cullinan Oncology, Inc.*		1,603		21,608
Cytokinetics, Inc.*		4,415		233,818
Day One Biopharmaceuticals, Inc.*		1,257		29,527
Deciphera Pharmaceuticals, Inc.*		2,422		39,309
Denali Therapeutics, Inc.*(b)		5,298		146,596
Design Therapeutics, Inc.*		1,822		36,914
Dynavax Technologies Corp.*		6,363		72,984
Dyne Therapeutics, Inc.*		1,704		16,699
Eagle Pharmaceuticals, Inc.*		559		18,318
Editas Medicine, Inc.*		3,716		54,625
Eiger BioPharmaceuticals, Inc.*		2,203		18,197
Emergent BioSolutions, Inc.*		2,709		65,070
Enanta Pharmaceuticals, Inc.*		1,053		64,107
Enochian Biosciences, Inc.*		1,059		2,616
EQRx, Inc.*(b)		7,352		35,951
Erasca, Inc.*(b)		3,487		31,453
Fate Therapeutics, Inc.*		4,471		116,872
FibroGen, Inc.*		4,704		58,518
Foghorn Therapeutics, Inc.*(b)		1,081		10,745
Forma Therapeutics Holdings, Inc.*		1,945		26,063
Gelesis Holdings, Inc.*		526		636
Generation Bio Co.*		2,503		12,815
Geron Corp.*(b)		19,316		50,994
Global Blood Therapeutics, Inc.*(b)		3,352		227,601
Gossamer Bio, Inc.*(b)		3,388		47,263
GreenLight Biosciences Holdings PBC*(b)		751		2,133
Halozyme Therapeutics, Inc.*		7,298		297,248
Heron Therapeutics, Inc.*		5,531		22,622
HilleVax, Inc.*(b)		698		8,313
Humacyte, Inc.*(b)		948		3,460
Icosavax, Inc.*(b)		1,195		5,640
Ideaya Biosciences, Inc.*		1,914		18,815
IGM Biosciences, Inc.*(b)		538		10,443
Imago Biosciences, Inc.*(b)		1,414		20,545
ImmunityBio, Inc.*(b)		4,400		17,600
ImmunoGen, Inc.*		11,545		67,076
Immunovant, Inc.*		2,151		11,078
Inhibrx, Inc.*		1,570		27,852

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Inovio Pharmaceuticals, Inc.*		11,817		27,061
Insmed, Inc.*		6,413		157,888
Instil Bio, Inc.*		3,741		19,453
Intellia Therapeutics, Inc.*		4,056		243,603
Intercept Pharmaceuticals, Inc.*		1,314		22,824
Iovance Biotherapeutics, Inc.*		8,109		86,928
Ironwood Pharmaceuticals, Inc.*		7,351		79,097
iTeos Therapeutics, Inc.*		1,265		28,058
IVERIC bio, Inc.*		6,284		61,835
Janux Therapeutics, Inc.*(b)		921		9,965
Jounce Therapeutics, Inc.*		2,264		8,286
KalVista Pharmaceuticals, Inc.*		1,315		21,658
Karuna Therapeutics, Inc.*		1,579		402,740
Karyopharm Therapeutics, Inc.*		4,096		20,726
Keros Therapeutics, Inc.*		904		31,974
Kezar Life Sciences, Inc.*		2,502		25,721
Kiniksa Pharmaceuticals Ltd., Class A*		1,675		19,631
Kinnate Biopharma, Inc.*(b)		1,572		22,763
Kodiak Sciences, Inc.*		1,793		17,948
Kronos Bio, Inc.*		2,186		8,744
Krystal Biotech, Inc.*		1,127		79,014
Kura Oncology, Inc.*		3,413		47,304
Kymera Therapeutics, Inc.*		2,035		57,529
Lexicon Pharmaceuticals, Inc.*		3,915		10,766
Ligand Pharmaceuticals, Inc.*		815		75,298
Lyell Immunopharma, Inc.*(b)		9,304		62,337
MacroGenics, Inc.*		3,240		12,863
Madrigal Pharmaceuticals, Inc.*		686		49,474
MannKind Corp.*		13,383		48,848
MeiraGTx Holdings plc*		1,625		13,488
Mersana Therapeutics, Inc.*		4,712		35,340
MiMedx Group, Inc.*		6,065		21,409
Mirum Pharmaceuticals, Inc.*		855		21,358
Monte Rosa Therapeutics, Inc.*(b)		1,543		12,221
Morphic Holding, Inc.*		1,384		38,088
Myriad Genetics, Inc.*		4,277		95,548
Nkarta, Inc.*(b)		1,744		25,096
Nurix Therapeutics, Inc.*		2,385		37,516
Nuvalent, Inc., Class A*(b)		911		15,378
Ocugen, Inc.*(b)		11,506		29,685
Organogenesis Holdings, Inc.*		3,764		13,513
Outlook Therapeutics, Inc.*(b)		6,365		7,129
Pardes Biosciences, Inc.*		1,522		5,342
PepGen, Inc.*		447		4,247
PMV Pharmaceuticals, Inc.*		1,979		27,548
Point Biopharma Global, Inc.*(b)		3,983		38,834
Praxis Precision Medicines, Inc.*		2,032		6,340
Precigen, Inc.*		5,423		11,985
Prometheus Biosciences, Inc.*		1,573		82,284
Protagonist Therapeutics, Inc.*		2,473		21,565
Prothena Corp. plc*		1,907		52,576
PTC Therapeutics, Inc.*		3,777		188,623
Rallybio Corp.*(b)		857		9,470
RAPT Therapeutics, Inc.*		1,399		37,367
Recursion Pharmaceuticals, Inc., Class A*		7,271		76,418
REGENXBIO, Inc.*		2,160		63,720
Relay Therapeutics, Inc.*		4,114		94,499
Replimune Group, Inc.*		1,623		30,934
REVOLUTION Medicines, Inc.*		3,391		70,635
Rigel Pharmaceuticals, Inc.*		9,275		13,171
Rocket Pharmaceuticals, Inc.*		2,353		36,260
Sage Therapeutics, Inc.*		2,802		105,523
Sana Biotechnology, Inc.*(b)		4,786		32,593
Sangamo Therapeutics, Inc.*		6,441		34,781
Seres Therapeutics, Inc.*		3,787		19,465
Sorrento Therapeutics, Inc.*(b)		20,443		41,908
SpringWorks Therapeutics, Inc.*		1,868		51,874
Stoke Therapeutics, Inc.*		1,207		18,177
Sutro Biopharma, Inc.*		2,367		13,397
Syndax Pharmaceuticals, Inc.*		2,784		65,730
Talaris Therapeutics, Inc.*		1,204		3,985
Tango Therapeutics, Inc.*(b)		2,507		10,279
Tenaya Therapeutics, Inc.*(b)		1,499		6,581
TG Therapeutics, Inc.*		7,163		51,072
Tonix Pharmaceuticals Holding Corp.*		1		1
Travere Therapeutics, Inc.*		3,276		87,666
Twist Bioscience Corp.*		3,019		121,122
Tyra Biosciences, Inc.*(b)		705		4,660
Vanda Pharmaceuticals, Inc.*		2,985		31,581
Vaxart, Inc.*(b)		6,657		20,637
Vaxcyte, Inc.*		2,835		74,164
VBI Vaccines, Inc.*(b)		10,363		9,281
Vera Therapeutics, Inc.*(b)		744		16,167
Veracyte, Inc.*		3,853		78,601
Vericel Corp.*		2,538		63,323
Verve Therapeutics, Inc.*(b)		1,986		76,183
Vir Biotechnology, Inc.*		3,899		92,601
Viridian Therapeutics, Inc.*		1,388		30,827
VistaGen Therapeutics, Inc.*		10,465		1,926
Xencor, Inc.*		3,087		81,466
Y-mAbs Therapeutics, Inc.*		1,974		31,742
Zentalis Pharmaceuticals, Inc.*		2,066		55,389
				10,032,846
Building Products - 1.0%
AAON, Inc.		2,359		135,595
American Woodmark Corp.*		888		46,025
Apogee Enterprises, Inc.		1,195		48,804
Caesarstone Ltd.		1,217		12,401
CSW Industrials, Inc.		806		102,040
Gibraltar Industries, Inc.*		1,770		74,075
Griffon Corp.		2,478		77,685
Insteel Industries, Inc.		1,007		29,102
Janus International Group, Inc.*		4,392		45,369
JELD-WEN Holding, Inc.*		4,637		51,703
Masonite International Corp.*		1,213		99,248
PGT Innovations, Inc.*		3,170		66,316
Quanex Building Products Corp.		1,781		39,716
Resideo Technologies, Inc.*		7,779		161,959
Simpson Manufacturing Co., Inc.		2,332		216,036
UFP Industries, Inc.		3,275		260,002
View, Inc.*(b)		6,010		10,698
Zurn Elkay Water Solutions Corp.		6,679		184,207
				1,660,981
Capital Markets - 1.2%
Artisan Partners Asset Management, Inc., Class A		3,232		109,112
AssetMark Financial Holdings, Inc.*		1,158		22,396
Associated Capital Group, Inc., Class A		92		3,642
B Riley Financial, Inc.		1,092		54,349
Bakkt Holdings, Inc.*(b)		3,054		7,910
BGC Partners, Inc., Class A		17,182		69,072
BlackRock Capital Investment Corp.		2		8
Blucora, Inc.*		2,535		50,903

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Brightsphere Investment Group, Inc.		1,739		29,720
Cohen & Steers, Inc.		1,365		97,434
Cowen, Inc., Class A		1,412		54,291
Diamond Hill Investment Group, Inc.		164		28,052
Donnelley Financial Solutions, Inc.*		1,489		63,208
Federated Hermes, Inc., Class B		4,723		160,865
Focus Financial Partners, Inc., Class A*		3,120		122,148
GAMCO Investors, Inc., Class A		257		5,199
GCM Grosvenor, Inc., Class A		2,299		18,047
Hamilton Lane, Inc., Class A		1,898		132,063
Hercules Capital, Inc.		6		84
Houlihan Lokey, Inc.		2,743		215,326
Manning & Napier, Inc.		855		10,884
MarketWise, Inc.*(b)		913		2,547
Moelis & Co., Class A		3,468		144,477
Open Lending Corp., Class A*		5,674		55,095
Oppenheimer Holdings, Inc., Class A		475		17,243
Perella Weinberg Partners		2,506		18,018
Piper Sandler Cos.		934		107,008
PJT Partners, Inc., Class A		1,291		89,363
Prospect Capital Corp.		3		22
Pzena Investment Management, Inc., Class A		899		8,558
Sculptor Capital Management, Inc.		1,411		13,306
Silvercrest Asset Management Group, Inc., Class A		534		9,543
StepStone Group, Inc., Class A		2,835		77,367
StoneX Group, Inc.*		925		85,877
Value Line, Inc.		49		4,018
Victory Capital Holdings, Inc., Class A		887		23,754
Virtus Investment Partners, Inc.		384		73,440
WisdomTree Investments, Inc.		7,326		36,703
				2,021,052
Chemicals - 1.7%
AdvanSix, Inc.		1,463		53,048
American Vanguard Corp.		1,571		31,310
Amyris, Inc.*(b)		10,583		31,114
Aspen Aerogels, Inc.*(b)		1,473		19,164
Avient Corp.		4,897		214,636
Balchem Corp.		1,715		226,071
Cabot Corp.		2,990		215,190
Chase Corp.		405		35,705
Danimer Scientific, Inc.*(b)		4,873		21,685
Diversey Holdings Ltd.*		4,202		25,758
Ecovyst, Inc.*		3,442		31,804
FutureFuel Corp.		1,389		10,126
GCP Applied Technologies, Inc.*		2,676		84,080
Hawkins, Inc.		1,041		39,891
HB Fuller Co.		2,855		185,175
Ingevity Corp.*		2,093		146,803
Innospec, Inc.		1,330		124,302
Intrepid Potash, Inc.*		600		28,038
Koppers Holdings, Inc.		1,105		25,227
Kronos Worldwide, Inc.		1,191		15,340
Livent Corp.*		8,716		280,481
LSB Industries, Inc.*		1,705		26,905
Mativ Holdings, Inc.		2,924		69,065
Minerals Technologies, Inc.		1,764		102,771
Origin Materials, Inc.*(b)		5,720		35,750
Orion Engineered Carbons SA		3,252		54,829
Perimeter Solutions SA*		6,552		63,882
PureCycle Technologies, Inc.*(b)		5,713		52,160
Quaker Chemical Corp.		729		127,079
Rayonier Advanced Materials, Inc.*		3,318		14,997
Sensient Technologies Corp.		2,258		179,895
Stepan Co.		1,148		119,656
Tredegar Corp.		1,462		14,927
Trinseo plc		1,945		51,601
Tronox Holdings plc, Class A		6,291		92,037
Valhi, Inc.		129		4,507
				2,855,009
Commercial Services & Supplies - 1.2%
ABM Industries, Inc.		3,606		167,318
ACCO Brands Corp.		5,090		30,184
ACV Auctions, Inc., Class A*		6,065		51,613
Aris Water Solution, Inc., Class A		1,184		20,128
Brady Corp., Class A		2,528		117,653
BrightView Holdings, Inc.*		2,389		24,177
Brink's Co. (The)		2,495		137,924
Casella Waste Systems, Inc., Class A*		2,685		219,982
Cimpress plc*		948		31,834
CompX International, Inc.		85		2,037
CoreCivic, Inc., REIT*		6,492		61,869
Deluxe Corp.		2,328		44,791
Ennis, Inc.		1,365		28,979
GEO Group, Inc. (The)*		6,367		52,082
Harsco Corp.*		4,223		23,944
Healthcare Services Group, Inc.		3,986		56,083
Heritage-Crystal Clean, Inc.*		843		27,457
HNI Corp.		2,271		72,672
Interface, Inc.		3,151		35,197
KAR Auction Services, Inc.*		6,483		94,652
Kimball International, Inc., Class B		1,945		14,879
Li-Cycle Holdings Corp.*(b)		7,112		51,278
Matthews International Corp., Class A		1,645		41,141
MillerKnoll, Inc.		4,088		113,156
Montrose Environmental Group, Inc.*		1,478		59,430
NL Industries, Inc.		449		3,956
Pitney Bowes, Inc.		9,309		26,903
Quad/Graphics, Inc.*		1,870		5,909
SP Plus Corp.*		1,248		41,359
Steelcase, Inc., Class A		4,635		51,819
UniFirst Corp.		805		145,109
Viad Corp.*		1,093		41,731
VSE Corp.		570		23,854
				1,921,100
Communications Equipment - 0.7%
ADTRAN Holdings, Inc.		3,783		87,917
Aviat Networks, Inc.*		594		18,592
Calix, Inc.*		3,053		179,669
Cambium Networks Corp.*		618		12,026
Casa Systems, Inc.*		1,901		7,376
Clearfield, Inc.*		621		72,104
CommScope Holding Co., Inc.*		11,031		124,650
Comtech Telecommunications Corp.		1,391		15,704
Digi International, Inc.*		1,839		60,889
DZS, Inc.*		937		12,472
Extreme Networks, Inc.*		6,874		98,505

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Harmonic, Inc.*		4,950		55,737
Infinera Corp.*		10,180		55,786
Inseego Corp.*		4,631		12,504
NETGEAR, Inc.*		1,523		35,928
NetScout Systems, Inc.*		3,796		120,485
Ondas Holdings, Inc.*(b)		1,837		8,671
Ribbon Communications, Inc.*		3,887		13,643
Viavi Solutions, Inc.*		12,240		172,339
				1,164,997
Construction & Engineering - 1.2%
Ameresco, Inc., Class A*		1,710		117,733
API Group Corp.*(b)		11,127		173,025
Arcosa, Inc.		2,607		152,379
Argan, Inc.		753		26,046
Comfort Systems USA, Inc.		1,906		191,248
Concrete Pumping Holdings, Inc.*		1,410		9,447
Construction Partners, Inc., Class A*		2,145		62,763
Dycom Industries, Inc.*		1,554		174,234
EMCOR Group, Inc.		2,726		324,176
Fluor Corp.*(b)		7,656		202,425
Granite Construction, Inc.(b)		2,449		73,421
Great Lakes Dredge & Dock Corp.*		3,515		33,639
IES Holdings, Inc.*		475		14,435
Infrastructure and Energy Alternatives, Inc.*		1,635		23,233
MYR Group, Inc.*		901		83,739
Northwest Pipe Co.*		525		16,622
NV5 Global, Inc.*		728		102,473
Primoris Services Corp.		2,854		57,851
Sterling Infrastructure, Inc.*		1,574		39,806
Tutor Perini Corp.*		2,261		15,330
				1,894,025
Construction Materials - 0.1%
Summit Materials, Inc., Class A*		6,378		181,263
United States Lime & Minerals, Inc.		108		11,101
				192,364
Consumer Finance - 0.6%
Atlanticus Holdings Corp.*		231		6,577
Bread Financial Holdings, Inc.		2,693		103,492
Consumer Portfolio Services, Inc.*		770		8,963
Curo Group Holdings Corp.		1,182		7,801
Encore Capital Group, Inc.*		1,295		70,811
Enova International, Inc.*		1,713		59,852
EZCORP, Inc., Class A*		2,688		23,520
FirstCash Holdings, Inc.		2,076		161,845
Green Dot Corp., Class A*		2,612		52,998
LendingClub Corp.*		5,444		71,153
LendingTree, Inc.*		564		17,196
Moneylion, Inc.*(b)		7,767		11,107
Navient Corp.		6,247		96,141
Nelnet, Inc., Class A		804		67,729
NerdWallet, Inc., Class A*(b)		1,378		14,317
Oportun Financial Corp.*		1,495		7,640
OppFi, Inc.*(b)		720		1,951
PRA Group, Inc.*		2,134		78,830
PROG Holdings, Inc.*		2,911		53,970
Regional Management Corp.		413		13,914
Sunlight Financial Holdings, Inc.*(b)		1,304		3,990
World Acceptance Corp.*(b)		218		25,340
				959,137
Containers & Packaging - 0.2%
Cryptyde, Inc.*(b)		981		772
Greif, Inc., Class A		1,390		93,200
Greif, Inc., Class B		290		18,928
Myers Industries, Inc.		1,952		37,713
O-I Glass, Inc.*		8,370		108,894
Pactiv Evergreen, Inc.		2,325		25,807
Ranpak Holdings Corp.*		2,336		12,357
TriMas Corp.		2,279		62,718
				360,389
Distributors - 0.0%(d)
Funko, Inc., Class A*		1,711		38,104
Weyco Group, Inc.		317		8,115
				46,219
Diversified Consumer Services - 0.8%
2U, Inc.*(b)		4,016		28,594
Adtalem Global Education, Inc.*		2,413		90,946
American Public Education, Inc.*		1,008		10,413
Beachbody Co., Inc. (The)*(b)		5,624		6,524
Carriage Services, Inc.		724		25,637
Chegg, Inc.*		6,690		131,659
Coursera, Inc.*		6,065		69,747
Duolingo, Inc.*		1,265		118,935
European Wax Center, Inc., Class A(b)		1,137		24,593
Frontdoor, Inc.*		4,454		104,580
Graham Holdings Co., Class B		203		114,782
Laureate Education, Inc., Class A		6,096		67,178
Nerdy, Inc.*		2,910		8,905
OneSpaWorld Holdings Ltd.*		3,569		31,443
Perdoceo Education Corp.*		3,673		42,533
PowerSchool Holdings, Inc., Class A*		2,454		44,172
Rover Group, Inc.*(b)		4,986		18,997
StoneMor, Inc.*		1,470		5,057
Strategic Education, Inc.		1,236		79,969
Stride, Inc.*(b)		2,183		83,260
Udemy, Inc.*		3,882		57,686
Universal Technical Institute, Inc.*		1,742		11,950
Vivint Smart Home, Inc.*		5,102		31,939
WW International, Inc.*		2,915		15,216
				1,224,715
Diversified Financial Services - 0.2%
Alerus Financial Corp.		816		19,388
A-Mark Precious Metals, Inc.		972		30,045
Banco Latinoamericano de Comercio Exterior SA, Class E		1,479		21,593
Cannae Holdings, Inc.*		4,065		87,845
Compass Diversified Holdings		3,258		67,962
Jackson Financial, Inc., Class A		4,063		127,009
SWK Holdings Corp.*		192		3,356
				357,198
Diversified Telecommunication Services - 0.5%
Anterix, Inc.*		652		27,678
ATN International, Inc.		587		27,501
Bandwidth, Inc., Class A*		1,246		19,313
Charge Enterprises, Inc.*(b)		5,812		14,123
Cogent Communications Holdings, Inc.		2,313		123,167
Consolidated Communications Holdings, Inc.*		3,993		22,920
EchoStar Corp., Class A*		1,896		34,906
Globalstar, Inc.*(b)		36,788		73,576
IDT Corp., Class B*		781		19,970

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Iridium Communications, Inc.*		6,851		304,116
Liberty Latin America Ltd., Class A*		2,080		14,560
Liberty Latin America Ltd., Class C*		8,227		57,342
Ooma, Inc.*		1,232		14,907
Radius Global Infrastructure, Inc.*		4,017		55,314
Starry Group Holdings, Inc., Class A*(b)		1,277		2,873
				812,266
Electric Utilities - 0.6%
ALLETE, Inc.		3,082		182,393
MGE Energy, Inc.		1,959		150,882
Otter Tail Corp.		2,213		167,170
PNM Resources, Inc.		4,597		218,036
Portland General Electric Co.		4,811		248,584
Via Renewables, Inc.(b)		654		5,579
				972,644
Electrical Equipment - 1.1%
Allied Motion Technologies, Inc.		698		24,444
Array Technologies, Inc.*		8,108		169,457
Atkore, Inc.*		2,313		195,240
AZZ, Inc.		1,321		56,288
Babcock & Wilcox Enterprises, Inc.*		3,203		25,560
Blink Charging Co.*(b)		1,986		42,441
Bloom Energy Corp., Class A*		9,454		240,226
Encore Wire Corp.		1,024		133,222
Energy Vault Holdings, Inc.*		1,352		7,450
EnerSys		2,226		138,836
Enovix Corp.*		5,852		129,446
ESS Tech, Inc.*(b)		4,334		19,243
Fluence Energy, Inc.*(b)		1,932		38,543
FTC Solar, Inc.*		2,225		9,211
FuelCell Energy, Inc.*		19,867		83,243
GrafTech International Ltd.		10,571		62,157
Heliogen, Inc.*(b)		1,024		2,458
NuScale Power Corp.*(b)		921		12,636
Powell Industries, Inc.		492		12,133
Preformed Line Products Co.		133		10,347
Shoals Technologies Group, Inc., Class A*		6,016		158,642
Stem, Inc.*		7,752		121,861
Thermon Group Holdings, Inc.*		1,781		31,257
TPI Composites, Inc.*		1,967		36,567
Vicor Corp.*		1,184		84,230
				1,845,138
Electronic Equipment, Instruments & Components - 1.8%
908 Devices, Inc.*		1,177		23,717
Advanced Energy Industries, Inc.		2,021		181,466
Aeva Technologies, Inc.*(b)		5,207		16,038
AEye, Inc.*		1,417		2,182
Akoustis Technologies, Inc.*		2,794		12,238
Arlo Technologies, Inc.*		4,573		27,850
Badger Meter, Inc.		1,573		148,947
Belden, Inc.		2,361		154,598
Benchmark Electronics, Inc.		1,879		51,579
Cepton, Inc.*		413		727
CTS Corp.		1,705		72,156
ePlus, Inc.*		1,427		67,240
Evolv Technologies Holdings, Inc.*(b)		4,517		10,254
Fabrinet*		1,986		204,240
FARO Technologies, Inc.*		985		33,047
Focus Universal, Inc.*		952		10,234
Identiv, Inc.*		1,186		17,695
Insight Enterprises, Inc.*		1,690		153,993
Itron, Inc.*		2,427		115,477
Kimball Electronics, Inc.*		1,288		27,743
Knowles Corp.*		4,819		73,008
Lightwave Logic, Inc.*(b)		6,012		47,916
Methode Electronics, Inc.		1,951		78,937
MicroVision, Inc.*(b)		8,904		43,095
Mirion Technologies, Inc.*		7,367		55,768
Napco Security Technologies, Inc.*		1,580		46,863
nLight, Inc.*		2,361		29,489
Novanta, Inc.*		1,912		255,615
OSI Systems, Inc.*		870		72,488
Ouster, Inc.*(b)		7,339		11,008
PAR Technology Corp.*		1,427		50,230
PC Connection, Inc.		606		30,106
Plexus Corp.*		1,477		138,439
Rogers Corp.*		1,010		253,025
Sanmina Corp.*		3,230		156,720
ScanSource, Inc.*		1,379		39,950
SmartRent, Inc.*(b)		6,399		20,669
TTM Technologies, Inc.*		5,451		85,744
Velodyne Lidar, Inc.*		10,378		12,972
Vishay Intertechnology, Inc.		7,112		139,893
Vishay Precision Group, Inc.*		667		22,885
				2,996,241
Energy Equipment & Services - 1.2%
Archrock, Inc.		7,280		53,799
Borr Drilling Ltd.*		7,223		28,964
Bristow Group, Inc.*		1,273		36,930
Cactus, Inc., Class A		3,170		126,642
ChampionX Corp.		10,989		239,670
Diamond Offshore Drilling, Inc.*		5,370		38,181
DMC Global, Inc.*		1,011		22,566
Dril-Quip, Inc.*		1,834		40,586
Expro Group Holdings NV*		4,169		56,365
Helix Energy Solutions Group, Inc.*		7,689		33,216
Helmerich & Payne, Inc.		5,530		236,408
Liberty Energy, Inc., Class A*		7,679		115,185
Nabors Industries Ltd.*		488		64,665
National Energy Services Reunited Corp.*		2,051		14,398
Newpark Resources, Inc.*		4,554		13,116
NexTier Oilfield Solutions, Inc.*		9,446		88,509
Noble Corp.*		2,023		61,398
Oceaneering International, Inc.*		5,379		47,604
Oil States International, Inc.*(b)		3,277		16,057
Patterson-UTI Energy, Inc.		11,538		171,916
ProPetro Holding Corp.*		4,698		43,034
RPC, Inc.		3,998		31,784
Select Energy Services, Inc., Class A*		3,840		27,302
Solaris Oilfield Infrastructure, Inc., Class A		1,699		18,179
TETRA Technologies, Inc.*		6,693		26,638
Tidewater, Inc.*		2,050		45,428
US Silica Holdings, Inc.*		3,986		55,924
Valaris Ltd.*		3,277		167,061
Weatherford International plc*		3,802		106,988
				2,028,513

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Entertainment - 0.3%
Chicken Soup For The Soul Entertainment, Inc.*		1		9
Cinemark Holdings, Inc.*		5,861		82,523
IMAX Corp.*		2,639		41,379
Liberty Media Corp.-Liberty Braves, Class A*		538		15,118
Liberty Media Corp.-Liberty Braves, Class C*		2,026		55,391
Lions Gate Entertainment Corp., Class A*		3,134		30,870
Lions Gate Entertainment Corp., Class B*		6,275		58,546
Madison Square Garden Entertainment Corp.*(b)		1,385		76,951
Marcus Corp. (The)(b)		1,280		20,595
Playstudios, Inc.*		4,257		15,410
Reservoir Media, Inc.*(b)		1,101		7,211
Skillz, Inc.*(b)		16,431		21,853
				425,856
Equity Real Estate Investment Trusts (REITs) - 4.7%
Acadia Realty Trust		5,010		79,809
Agree Realty Corp.(b)		3,993		300,753
Alexander & Baldwin, Inc.		3,896		72,972
Alexander's, Inc.		116		27,480
American Assets Trust, Inc.		2,656		73,731
Apartment Investment and Management Co., Class A*(b)		8,054		71,197
Apple Hospitality REIT, Inc.		11,573		184,126
Armada Hoffler Properties, Inc.		3,610		47,399
Ashford Hospitality Trust, Inc.*		1,849		16,974
Bluerock Residential Growth REIT, Inc.		1,543		41,121
Braemar Hotels & Resorts, Inc.		3,678		18,942
Brandywine Realty Trust		9,131		73,322
Broadstone Net Lease, Inc.		9,104		174,251
BRT Apartments Corp.		638		15,229
CareTrust REIT, Inc.		5,195		111,900
CatchMark Timber Trust, Inc., Class A		2,635		28,063
CBL & Associates Properties, Inc.		1,432		41,442
Centerspace		826		62,264
Chatham Lodging Trust*		2,579		31,361
City Office REIT, Inc.		2,297		26,530
Clipper Realty, Inc.		643		5,408
Community Healthcare Trust, Inc.		1,275		47,035
Corporate Office Properties Trust		6,059		156,565
CTO Realty Growth, Inc.		955		20,160
DiamondRock Hospitality Co.*		11,281		98,483
Diversified Healthcare Trust		12,788		18,670
Easterly Government Properties, Inc.		4,903		88,009
Empire State Realty Trust, Inc., Class A		7,430		51,787
Equity Commonwealth*		5,804		152,703
Essential Properties Realty Trust, Inc.		7,021		158,955
Farmland Partners, Inc.		2,463		35,738
Four Corners Property Trust, Inc.		4,312		115,950
Franklin Street Properties Corp.		5,308		14,915
Getty Realty Corp.		2,269		68,252
Gladstone Commercial Corp.		2,061		39,303
Gladstone Land Corp.		1,733		40,743
Global Medical REIT, Inc.		3,282		35,577
Global Net Lease, Inc.		5,606		77,195
Hersha Hospitality Trust*		1,689		16,383
Independence Realty Trust, Inc.		11,924		231,922
Indus Realty Trust, Inc.		288		17,689
Industrial Logistics Properties Trust		3,495		26,178
Innovative Industrial Properties, Inc.		1,493		136,938
InvenTrust Properties Corp.		3,645		95,718
iStar, Inc.		3,563		49,062
Kite Realty Group Trust		11,720		226,899
LTC Properties, Inc.		2,094		94,000
LXP Industrial Trust(b)		15,217		153,083
Macerich Co. (The)		11,584		110,859
National Health Investors, Inc.		2,374		155,521
Necessity Retail REIT, Inc. (The)		7,187		53,615
NETSTREIT Corp.(b)		2,588		50,880
NexPoint Residential Trust, Inc.		1,221		64,493
Office Properties Income Trust		2,579		45,313
One Liberty Properties, Inc.		878		21,204
Orion Office REIT, Inc.		3,069		30,291
Outfront Media, Inc.		7,875		139,387
Paramount Group, Inc.		10,038		69,563
Pebblebrook Hotel Trust		6,987		123,111
Phillips Edison & Co., Inc.		6,150		200,920
Physicians Realty Trust		12,102		201,619
Piedmont Office Realty Trust, Inc., Class A		6,612		77,889
Plymouth Industrial REIT, Inc.		2,026		41,067
Postal Realty Trust, Inc., Class A		952		14,137
PotlatchDeltic Corp.		3,674		170,547
Retail Opportunity Investments Corp.		6,485		108,624
RLJ Lodging Trust		8,844		106,659
RPT Realty		4,490		43,239
Ryman Hospitality Properties, Inc.*		2,896		238,109
Sabra Health Care REIT, Inc.		12,415		185,853
Safehold, Inc.		1,167		44,381
Saul Centers, Inc.		636		28,168
Service Properties Trust		8,833		60,418
SITE Centers Corp.		10,474		135,743
STAG Industrial, Inc.		9,705		298,914
Summit Hotel Properties, Inc.		5,635		44,291
Sunstone Hotel Investors, Inc.*		11,565		125,943
Tanger Factory Outlet Centers, Inc.		5,453		84,085
Terreno Realty Corp.		3,997		243,777
UMH Properties, Inc.		2,663		48,041
Uniti Group, Inc.		12,764		119,854
Universal Health Realty Income Trust		690		35,114
Urban Edge Properties		6,154		96,802
Urstadt Biddle Properties, Inc., Class A		1,599		26,735
Veris Residential, Inc.*		4,633		62,268
Washington REIT		4,703		92,226
Whitestone REIT		2,514		24,738
Xenia Hotels & Resorts, Inc.*		6,153		97,587
				7,694,171
Food & Staples Retailing - 0.5%
Andersons, Inc. (The)		1,723		63,803
Chefs' Warehouse, Inc. (The)*		1,834		61,145
HF Foods Group, Inc.*		1,943		9,890
Ingles Markets, Inc., Class A		766		67,048
Natural Grocers by Vitamin Cottage, Inc.		497		7,137
PriceSmart, Inc.		1,324		83,769
Rite Aid Corp.*		2,935		21,073

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
SpartanNash Co.		1,921		58,456
Sprouts Farmers Market, Inc.*		5,902		170,568
United Natural Foods, Inc.*		3,126		137,794
Village Super Market, Inc., Class A		456		10,023
Weis Markets, Inc.		884		68,696
				759,402
Food Products - 1.0%
Alico, Inc.		338		11,475
AppHarvest, Inc.*(b)		3,838		11,054
B&G Foods, Inc.(b)		3,659		79,254
Benson Hill, Inc.*(b)		9,204		32,674
Beyond Meat, Inc.*(b)		3,300		80,520
BRC, Inc., Class A*		1,380		13,455
Calavo Growers, Inc.		928		39,013
Cal-Maine Foods, Inc.		2,040		109,364
Fresh Del Monte Produce, Inc.		1,642		44,892
Hain Celestial Group, Inc. (The)*		4,044		81,931
Hostess Brands, Inc.*		7,416		171,903
J & J Snack Foods Corp.		818		121,907
John B Sanfilippo & Son, Inc.		481		38,831
Lancaster Colony Corp.		1,045		176,135
Landec Corp.*		1,408		14,784
Local Bounti Corp.*(b)		1,006		3,742
Mission Produce, Inc.*		2,156		34,712
Seneca Foods Corp., Class A*		315		16,642
Simply Good Foods Co. (The)*		4,844		147,984
Sovos Brands, Inc.*		1,530		23,363
SunOpta, Inc.*		5,251		52,142
Tattooed Chef, Inc.*(b)		2,633		17,536
Tootsie Roll Industries, Inc.		818		29,309
TreeHouse Foods, Inc.*		2,737		127,544
Utz Brands, Inc.		3,534		58,877
Vital Farms, Inc.*		1,607		20,811
Whole Earth Brands, Inc.*		2,185		11,165
				1,571,019
Gas Utilities - 1.0%
Brookfield Infrastructure Corp., Class A(b)		5,266		250,662
Chesapeake Utilities Corp.		936		118,217
New Jersey Resources Corp.		5,178		228,557
Northwest Natural Holding Co.		1,834		87,317
ONE Gas, Inc.		2,891		226,279
South Jersey Industries, Inc.		6,605		223,579
Southwest Gas Holdings, Inc.		3,550		276,367
Spire, Inc.		2,742		191,638
				1,602,616
Health Care Equipment & Supplies - 3.3%
Alphatec Holdings, Inc.*		3,789		28,759
AngioDynamics, Inc.*		2,001		44,302
Artivion, Inc.*		2,094		46,403
AtriCure, Inc.*		2,453		111,906
Atrion Corp.		75		45,296
Avanos Medical, Inc.*		2,535		62,437
Axogen, Inc.*		2,181		20,436
Axonics, Inc.*		2,526		182,504
BioLife Solutions, Inc.*		1,813		42,805
Bioventus, Inc., Class A*(b)		1,700		12,427
Butterfly Network, Inc.*(b)		7,146		44,520
Cardiovascular Systems, Inc.*		2,136		28,217
Cerus Corp.*		9,280		38,141
CONMED Corp.		1,519		134,538
CryoPort, Inc.*		2,394		78,188
Cue Health, Inc.*		5,792		19,287
Cutera, Inc.*		892		42,593
Embecta Corp.		3,083		98,409
Figs, Inc., Class A*		6,859		79,290
Glaukos Corp.*		2,460		119,433
Haemonetics Corp.*		2,732		204,982
Heska Corp.*		520		47,356
Inari Medical, Inc.*		2,594		179,894
Inogen, Inc.*		1,235		35,358
Inspire Medical Systems, Inc.*(b)		1,463		280,150
Integer Holdings Corp.*		1,771		111,697
iRadimed Corp.		384		12,883
iRhythm Technologies, Inc.*		1,606		236,805
Lantheus Holdings, Inc.*		3,675		289,590
LeMaitre Vascular, Inc.		1,049		51,800
LivaNova plc*		2,886		162,337
Meridian Bioscience, Inc.*		2,312		75,348
Merit Medical Systems, Inc.*		3,005		177,986
Mesa Laboratories, Inc.		272		46,474
Nano-X Imaging Ltd.*		2,261		30,094
Neogen Corp.*(b)		5,821		121,659
Nevro Corp.*		1,876		85,020
NuVasive, Inc.*		2,816		119,708
Omnicell, Inc.*		2,362		241,609
OraSure Technologies, Inc.*		3,927		16,061
Orthofix Medical, Inc.*		1,040		20,696
OrthoPediatrics Corp.*		774		37,996
Outset Medical, Inc.*		2,579		47,170
Owlet, Inc.*(b)		882		1,429
Paragon 28, Inc.*(b)		2,480		43,524
PROCEPT BioRobotics Corp.*		1,377		55,741
Pulmonx Corp.*(b)		1,840		33,801
RxSight, Inc.*(b)		1,106		13,836
SeaSpine Holdings Corp.*		1,904		12,186
Senseonics Holdings, Inc.*(b)		24,629		43,840
Shockwave Medical, Inc.*		1,915		568,487
SI-BONE, Inc.*		1,804		29,766
Sight Sciences, Inc.*		1,158		8,071
Silk Road Medical, Inc.*		1,857		73,964
STAAR Surgical Co.*		2,580		244,042
Surmodics, Inc.*		735		24,762
Tactile Systems Technology, Inc.*		1,041		8,588
Tenon Medical, Inc.*		169		340
TransMedics Group, Inc.*		1,445		75,183
Treace Medical Concepts, Inc.*		1,794		35,934
UFP Technologies, Inc.*		366		34,034
Utah Medical Products, Inc.		185		17,001
Varex Imaging Corp.*		2,077		43,804
Vicarious Surgical, Inc.*(b)		2,930		10,929
ViewRay, Inc.*		7,958		27,216
Zimvie, Inc.*		1,118		17,016
Zynex, Inc.		1,208		10,800
				5,346,858
Health Care Providers & Services - 2.4%
1Life Healthcare, Inc.*		9,698		166,903
23andMe Holding Co.*(b)		9,241		31,142
Accolade, Inc.*		3,142		31,986
AdaptHealth Corp.*		3,885		69,813
Addus HomeCare Corp.*		831		74,142
Agiliti, Inc.*		1,477		23,721
AirSculpt Technologies, Inc.		665		5,799
Alignment Healthcare, Inc.*		4,537		69,008
AMN Healthcare Services, Inc.*(b)		2,406		246,952
Apollo Medical Holdings, Inc.*		2,094		90,314
ATI Physical Therapy, Inc.*(b)		4,019		3,617
Aveanna Healthcare Holdings, Inc.*		2,390		4,350

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Brookdale Senior Living, Inc.*		10,002		44,009
Cano Health, Inc.*		8,706		53,716
CareMax, Inc.*		3,207		21,936
Castle Biosciences, Inc.*		1,278		37,062
Clover Health Investments Corp.*(b)		20,514		53,542
Community Health Systems, Inc.*		6,723		17,883
CorVel Corp.*		483		75,049
Covetrus, Inc.*		5,692		118,792
Cross Country Healthcare, Inc.*		1,969		49,973
DocGo, Inc.*		4,331		44,176
Ensign Group, Inc. (The)		2,898		247,199
Fulgent Genetics, Inc.*		1,158		50,338
Hanger, Inc.*		2,037		37,949
HealthEquity, Inc.*		4,464		294,981
Hims & Hers Health, Inc.*		6,526		41,505
Innovage Holding Corp.*(b)		1,028		3,773
Invitae Corp.*		12,376		37,623
Joint Corp. (The)*		755		13,771
LHC Group, Inc.*		1,604		258,998
LifeStance Health Group, Inc.*		3,885		24,437
ModivCare, Inc.*		682		73,874
National HealthCare Corp.		675		46,879
National Research Corp.		770		26,265
Oncology Institute, Inc. (The)*(b)		1,010		6,413
OPKO Health, Inc.*		21,708		47,323
Option Care Health, Inc.*		8,319		257,556
Owens & Minor, Inc.		3,970		117,155
P3 Health Partners, Inc.*(b)		1,366		6,721
Patterson Cos., Inc.		4,687		130,720
Pediatrix Medical Group, Inc.*		4,623		82,382
Pennant Group, Inc. (The)*		1,404		22,001
PetIQ, Inc.*		1,473		13,758
Privia Health Group, Inc.*		2,332		92,790
Progyny, Inc.*		4,023		161,765
R1 RCM, Inc.*		7,267		158,784
RadNet, Inc.*		2,633		52,897
Select Medical Holdings Corp.		5,810		148,968
Sema4 Holdings Corp.*(b)		8,496		8,666
Surgery Partners, Inc.*(b)		2,134		58,749
US Physical Therapy, Inc.		691		57,083
				3,915,208
Health Care Technology - 0.5%
Allscripts Healthcare Solutions, Inc.*		6,128		104,176
American Well Corp., Class A*(b)		12,334		56,120
Babylon Holdings Ltd., Class A*(b)		5,852		4,173
Computer Programs and Systems, Inc.*		768		23,432
Convey Health Solutions Holdings, Inc.*		868		9,105
Evolent Health, Inc., Class A*		4,408		161,994
Health Catalyst, Inc.*		2,907		34,884
HealthStream, Inc.*		1,300		28,769
Multiplan Corp.*		20,320		71,526
NextGen Healthcare, Inc.*		2,992		51,283
Nutex Health, Inc.*(b)		2,084		5,606
OptimizeRx Corp.*		951		15,092
Phreesia, Inc.*		2,640		67,742
Schrodinger, Inc.*		2,902		79,631
Sharecare, Inc.*(b)		3,295		6,030
Simulations Plus, Inc.		839		50,382
				769,945
Hotels, Restaurants & Leisure - 1.8%
Accel Entertainment, Inc.*		3,159		29,726
Bally's Corp.*(b)		2,144		50,791
Biglari Holdings, Inc., Class B*		40		5,394
BJ's Restaurants, Inc.*		1,220		30,598
Bloomin' Brands, Inc.		4,750		96,045
Bluegreen Vacations Holding Corp.		690		14,380
Bowlero Corp.*(b)		2,093		24,739
Brinker International, Inc.*		2,336		57,255
Century Casinos, Inc.*		1,466		10,804
Cheesecake Factory, Inc. (The)		2,676		81,939
Chuy's Holdings, Inc.*		1,014		22,643
Cracker Barrel Old Country Store, Inc.		1,248		134,709
Dave & Buster's Entertainment, Inc.*		2,310		95,495
Denny's Corp.*		3,230		30,524
Dine Brands Global, Inc.		848		56,477
El Pollo Loco Holdings, Inc.*		1,050		9,503
Everi Holdings, Inc.*		4,726		87,431
F45 Training Holdings, Inc.*(b)		1,950		4,875
First Watch Restaurant Group, Inc.*		534		8,955
Full House Resorts, Inc.*		1,768		11,916
Golden Entertainment, Inc.*		1,100		42,086
Hilton Grand Vacations, Inc.*		4,823		196,682
Inspirato, Inc.*		549		1,532
Inspired Entertainment, Inc.*		1,191		12,470
International Game Technology plc		5,361		96,176
Jack in the Box, Inc.		1,139		90,961
Krispy Kreme, Inc.(b)		3,863		45,390
Kura Sushi USA, Inc., Class A*		249		18,615
Life Time Group Holdings, Inc.*		2,262		26,805
Light & Wonder, Inc.*		5,263		259,097
Lindblad Expeditions Holdings, Inc.*		1,732		13,388
Monarch Casino & Resort, Inc.*		715		43,179
NEOGAMES SA*		706		11,289
Noodles & Co., Class A*		2,197		10,436
ONE Group Hospitality, Inc. (The)*		1,213		8,661
Papa John's International, Inc.		1,776		143,554
Portillo's, Inc., Class A*(b)		1,068		23,517
RCI Hospitality Holdings, Inc.(b)		476		31,040
Red Rock Resorts, Inc., Class A		2,869		109,653
Rush Street Interactive, Inc.*(b)		3,265		15,803
Ruth's Hospitality Group, Inc.		1,756		31,994
SeaWorld Entertainment, Inc.*		2,431		122,158
Shake Shack, Inc., Class A*		2,016		96,083
Sonder Holdings, Inc.*		2,343		4,358
Sweetgreen, Inc., Class A*		725		12,260
Target Hospitality Corp.*(b)		1,643		21,835
Texas Roadhouse, Inc.		3,677		326,371
Vacasa, Inc., Class A*		2,195		8,780
Wingstop, Inc.		1,611		183,428
Xponential Fitness, Inc., Class A*		912		16,717
				2,888,517
Household Durables - 1.2%
Aterian, Inc.*		3,272		7,460
Beazer Homes USA, Inc.*		1,603		22,827
Cavco Industries, Inc.*		493		115,367
Century Communities, Inc.		1,573		73,443
Dream Finders Homes, Inc., Class A*(b)		1,127		13,918
Ethan Allen Interiors, Inc.		1,217		28,928

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
GoPro, Inc., Class A*		7,032		42,825
Green Brick Partners, Inc.*		1,535		37,393
Helen of Troy Ltd.*		1,278		157,999
Hovnanian Enterprises, Inc., Class A*		277		11,105
Installed Building Products, Inc.		1,305		118,181
iRobot Corp.*(b)		1,444		85,023
KB Home		4,304		123,310
Landsea Homes Corp.*		561		3,759
La-Z-Boy, Inc.		2,312		61,014
Legacy Housing Corp.*		470		8,032
LGI Homes, Inc.*(b)		1,122		106,489
Lifetime Brands, Inc.		689		6,146
Lovesac Co. (The)*		749		23,107
M/I Homes, Inc.*		1,478		63,909
MDC Holdings, Inc.		3,077		95,633
Meritage Homes Corp.*		1,953		153,018
Purple Innovation, Inc.*(b)		2,950		8,437
Skyline Champion Corp.*		2,869		162,586
Snap One Holdings Corp.*(b)		969		10,843
Sonos, Inc.*		6,863		103,219
Taylor Morrison Home Corp., Class A*		6,213		156,008
Traeger, Inc.*		1,720		4,541
Tri Pointe Homes, Inc.*		5,522		95,696
Tupperware Brands Corp.*		2,446		27,493
Universal Electronics, Inc.*		651		14,472
Vizio Holding Corp., Class A*(b)		3,648		39,107
Vuzix Corp.*(b)		3,191		23,964
Weber, Inc., Class A(b)		1,453		10,432
				2,015,684
Household Products - 0.2%
Central Garden & Pet Co.*		530		21,157
Central Garden & Pet Co., Class A*		2,193		82,808
Energizer Holdings, Inc.		3,587		100,795
WD-40 Co.		736		139,222
				343,982
Independent Power and Renewable Electricity Producers - 0.4%
Altus Power, Inc.*		2,251		23,591
Clearway Energy, Inc., Class A		1,873		64,581
Clearway Energy, Inc., Class C(b)		4,413		163,722
Montauk Renewables, Inc.*		3,463		61,468
Ormat Technologies, Inc.		2,440		228,091
Sunnova Energy International, Inc.*(b)		5,340		134,675
				676,128
Industrial Conglomerates - 0.0%(d)
Brookfield Business Corp., Class A(b)		1,398		33,999
Insurance - 1.6%
Ambac Financial Group, Inc.*		2,464		37,182
American Equity Investment Life Holding Co.		4,192		159,296
AMERISAFE, Inc.		1,029		49,207
Argo Group International Holdings Ltd.		1,707		33,508
Bright Health Group, Inc.*(b)		10,376		15,668
BRP Group, Inc., Class A*		3,146		98,784
CNO Financial Group, Inc.		6,184		113,847
Crawford & Co., Class A		905		5,502
Donegal Group, Inc., Class A		808		11,732
eHealth, Inc.*		1,310		8,384
Employers Holdings, Inc.		1,485		58,153
Enstar Group Ltd.*		622		117,714
Genworth Financial, Inc., Class A*		27,375		115,523
Goosehead Insurance, Inc., Class A*		1,024		53,248
Greenlight Capital Re Ltd., Class A*		1,405		11,085
HCI Group, Inc.(b)		389		18,590
Hippo Holdings, Inc.*		13,686		13,275
Horace Mann Educators Corp.		2,237		80,018
Investors Title Co.		70		10,315
James River Group Holdings Ltd.		1,977		46,974
Kinsale Capital Group, Inc.		1,164		295,167
Lemonade, Inc.*(b)		2,166		47,912
MBIA, Inc.*		2,584		30,465
Mercury General Corp.		1,439		45,904
National Western Life Group, Inc., Class A		121		23,028
NI Holdings, Inc.*		454		5,961
Oscar Health, Inc., Class A*		6,353		42,120
Palomar Holdings, Inc.*		1,307		103,632
ProAssurance Corp.		2,900		62,031
RLI Corp.		2,100		230,496
Root, Inc., Class A*(b)		416		5,154
Safety Insurance Group, Inc.		767		69,068
Selective Insurance Group, Inc.		3,209		254,859
Selectquote, Inc.*		7,185		7,975
SiriusPoint Ltd.*		4,953		22,140
Stewart Information Services Corp.		1,443		73,074
Tiptree, Inc.		1,280		15,296
Trean Insurance Group, Inc.*		1,214		5,402
Trupanion, Inc.*		2,097		148,006
United Fire Group, Inc.		1,148		33,786
Universal Insurance Holdings, Inc.		1,406		16,788
				2,596,269
Interactive Media & Services - 0.6%
Arena Group Holdings, Inc. (The)*(b)		610		6,417
Bumble, Inc., Class A*		4,639		116,207
Cargurus, Inc.*		5,491		102,682
Cars.com, Inc.*		3,726		47,506
DHI Group, Inc.*		2,298		11,720
Eventbrite, Inc., Class A*		4,146		29,478
EverQuote, Inc., Class A*		1,041		9,005
fuboTV, Inc.*(b)		9,577		34,669
Leafly Holdings, Inc.*		234		370
MediaAlpha, Inc., Class A*		1,278		10,671
Outbrain, Inc.*(b)		2,146		9,464
QuinStreet, Inc.*		2,790		33,508
Shutterstock, Inc.		1,305		72,310
TrueCar, Inc.*		4,987		10,872
Vimeo, Inc.*		7,699		45,578
Vinco Ventures, Inc.*(b)		9,867		9,571
Wejo Group Ltd.*(b)		1,229		1,389
Yelp, Inc.*		3,700		126,429
Ziff Davis, Inc.*		2,457		189,877
ZipRecruiter, Inc., Class A*		4,298		71,690
				939,413
Internet & Direct Marketing Retail - 0.3%
1-800-Flowers.com, Inc., Class A*		1,446		12,551
1stdibs.com, Inc.*(b)		1,256		8,503
aka Brands Holding Corp.*(b)		598		1,244
BARK, Inc.*		2,767		6,419
Boxed, Inc.*		617		654
CarParts.com, Inc.*		2,732		17,703

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
ContextLogic, Inc., Class A*(b)		30,602		39,783
Duluth Holdings, Inc., Class B*		703		6,236
Groupon, Inc.*(b)		1,159		11,486
Lands' End, Inc.*		821		11,346
Liquidity Services, Inc.*		1,328		23,227
Lulu's Fashion Lounge Holdings, Inc.*(b)		315		2,010
Overstock.com, Inc.*		2,290		59,769
PetMed Express, Inc.(b)		1,084		22,298
Porch Group, Inc.*		4,336		9,322
Poshmark, Inc., Class A*		2,471		26,736
Quotient Technology, Inc.*		4,802		8,932
Qurate Retail, Inc., Series A		18,828		58,367
RealReal, Inc. (The)*		4,575		9,791
Rent the Runway, Inc., Class A*(b)		2,510		11,169
Revolve Group, Inc.*		2,196		51,584
RumbleON, Inc., Class B*(b)		558		12,192
Stitch Fix, Inc., Class A*		4,368		21,927
ThredUp, Inc., Class A*		3,152		7,596
Vivid Seats, Inc., Class A(b)		1,329		10,752
Xometry, Inc., Class A*(b)		1,818		89,100
				540,697
IT Services - 1.7%
AvidXchange Holdings, Inc.*		7,884		61,416
BigCommerce Holdings, Inc., Series 1*		3,448		57,478
Brightcove, Inc.*		2,212		14,688
Cantaloupe, Inc.*		3,141		20,008
Cass Information Systems, Inc.		724		26,556
Cerberus Cyber Sentinel Corp.*(b)		2,455		6,678
Conduent, Inc.*		9,128		37,334
Core Scientific, Inc.*(b)		11,764		25,881
CSG Systems International, Inc.		1,722		99,618
Cyxtera Technologies, Inc.*		2,289		14,512
DigitalOcean Holdings, Inc.*(b)		4,105		172,779
Edgio, Inc.*		7,380		27,158
EVERTEC, Inc.		3,233		108,629
Evo Payments, Inc., Class A*		2,543		84,733
ExlService Holdings, Inc.*		1,741		291,983
Fastly, Inc., Class A*		6,001		56,109
Flywire Corp.*		2,973		73,909
Grid Dynamics Holdings, Inc.*		2,614		52,829
Hackett Group, Inc. (The)		1,449		29,748
I3 Verticals, Inc., Class A*		1,184		27,658
IBEX Holdings Ltd.*		302		5,095
Information Services Group, Inc.		1,912		11,032
International Money Express, Inc.*		1,749		39,178
Marqeta, Inc., Class A*		23,349		181,889
Maximus, Inc.		3,304		200,189
MoneyGram International, Inc.*		5,044		51,953
Paya Holdings, Inc.*		4,705		29,500
Payoneer Global, Inc.*		11,643		77,077
Paysafe Ltd.*		18,183		30,002
Perficient, Inc.*		1,839		143,626
PFSweb, Inc.*(b)		888		8,401
Priority Technology Holdings, Inc.*		962		3,848
Rackspace Technology, Inc.*		3,096		13,808
Remitly Global, Inc.*		4,523		49,753
Repay Holdings Corp.*		4,712		43,774
Sabre Corp.*		17,537		126,091
SolarWinds Corp.*		2,596		23,546
Squarespace, Inc., Class A*		1,686		35,406
StoneCo Ltd., Class A*		14,905		141,299
TTEC Holdings, Inc.		1,014		53,083
Tucows, Inc., Class A*		534		25,093
Unisys Corp.*		3,561		33,153
Verra Mobility Corp.*		7,860		125,288
				2,741,788
Leisure Products - 0.4%
Acushnet Holdings Corp.		1,842		87,771
AMMO, Inc.*(b)		4,697		17,896
Callaway Golf Co.*		7,525		166,528
Clarus Corp.(b)		1,551		23,529
Johnson Outdoors, Inc., Class A		288		17,608
Latham Group, Inc.*		2,363		13,493
Malibu Boats, Inc., Class A*		1,116		66,993
Marine Products Corp.		446		4,429
MasterCraft Boat Holdings, Inc.*		983		23,680
Smith & Wesson Brands, Inc.		2,443		32,492
Solo Brands, Inc., Class A*(b)		1,181		4,901
Sturm Ruger & Co., Inc.		928		48,488
Vista Outdoor, Inc.*		3,005		84,501
				592,309
Life Sciences Tools & Services - 0.5%
AbCellera Biologics, Inc.*(b)		11,135		118,922
Absci Corp.*(b)		2,829		9,534
Adaptive Biotechnologies Corp.*		5,996		53,484
Akoya Biosciences, Inc.*		848		9,667
Alpha Teknova, Inc.*		338		1,524
Berkeley Lights, Inc.*		3,002		11,017
Bionano Genomics, Inc.*(b)		15,694		38,921
Codexis, Inc.*		3,292		23,077
Cytek Biosciences, Inc.*		6,140		71,531
Inotiv, Inc.*		936		18,318
MaxCyte, Inc.*		4,678		24,326
Medpace Holdings, Inc.*		1,481		218,610
NanoString Technologies, Inc.*		2,497		33,859
Nautilus Biotechnology, Inc.*(b)		2,561		5,660
NeoGenomics, Inc.*		6,678		67,114
Pacific Biosciences of California, Inc.*(b)		12,146		71,176
Quanterix Corp.*		1,824		17,054
Quantum-Si, Inc.*(b)		4,908		15,313
Science 37 Holdings, Inc.*		3,344		5,284
Seer, Inc.*		2,775		28,028
Singular Genomics Systems, Inc.*		2,996		7,999
SomaLogic, Inc.*		8,047		29,613
				880,031
Machinery - 2.9%
Alamo Group, Inc.		541		70,741
Albany International Corp., Class A		1,699		149,835
Altra Industrial Motion Corp.		3,496		132,673
Astec Industries, Inc.		1,229		46,923
Barnes Group, Inc.		2,634		81,786
Berkshire Grey, Inc.*		2,620		5,292
Blue Bird Corp.*		938		11,134
Chart Industries, Inc.*		1,974		382,680
CIRCOR International, Inc.*		992		16,170
Columbus McKinnon Corp.		1,507		46,159
Desktop Metal, Inc., Class A*(b)		14,216		45,207
Douglas Dynamics, Inc.		1,209		35,182
Energy Recovery, Inc.*		3,001		68,843
Enerpac Tool Group Corp.		3,275		63,535
EnPro Industries, Inc.		1,119		101,337
ESCO Technologies, Inc.		1,387		112,943
Evoqua Water Technologies Corp.*		6,327		221,951
Fathom Digital Manufacturing Corp.*		540		2,052

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Federal Signal Corp.		3,211		128,023
Franklin Electric Co., Inc.		2,480		215,388
Gorman-Rupp Co. (The)		1,224		32,326
Greenbrier Cos., Inc. (The)		1,713		48,838
Helios Technologies, Inc.		1,751		95,640
Hillenbrand, Inc.		3,906		162,763
Hillman Solutions Corp.*		7,237		60,718
Hydrofarm Holdings Group, Inc.*(b)		2,346		7,976
Hyliion Holdings Corp.*(b)		7,134		25,040
Hyster-Yale Materials Handling, Inc.		583		16,983
Hyzon Motors, Inc.*(b)		4,720		10,054
John Bean Technologies Corp.(b)		1,701		175,645
Kadant, Inc.		623		111,785
Kennametal, Inc.		4,446		104,214
Lightning eMotors, Inc.*(b)		2,102		5,970
Lindsay Corp.		590		94,612
Luxfer Holdings plc		1,503		24,724
Manitowoc Co., Inc. (The)*		1,868		17,839
Markforged Holding Corp.*		5,917		14,378
Microvast Holdings, Inc.*(b)		9,167		22,551
Miller Industries, Inc.		596		14,012
Mueller Industries, Inc.		3,009		190,079
Mueller Water Products, Inc., Class A		8,387		94,605
Nikola Corp.*(b)		15,703		84,168
Omega Flex, Inc.		175		17,679
Proterra, Inc.*(b)		11,890		71,816
Proto Labs, Inc.*		1,480		56,832
RBC Bearings, Inc.*(b)		1,534		369,203
REV Group, Inc.		1,873		21,577
Sarcos Technology and Robotics Corp.*(b)		4,077		13,373
Shyft Group, Inc. (The)		1,856		44,451
SPX Technologies, Inc.*		2,381		135,860
Standex International Corp.		642		58,043
Tennant Co.		997		60,169
Terex Corp.		3,665		121,751
Titan International, Inc.*		2,753		38,625
Trinity Industries, Inc.		4,491		109,491
Velo3D, Inc.*(b)		3,027		13,046
Wabash National Corp.		2,615		43,017
Watts Water Technologies, Inc., Class A		1,472		203,901
Xos, Inc.*(b)		2,937		4,464
				4,736,072
Marine - 0.2%
Costamare, Inc.		2,897		32,678
Eagle Bulk Shipping, Inc.		723		31,407
Eneti, Inc.		1,231		10,304
Genco Shipping & Trading Ltd.		1,972		27,036
Golden Ocean Group Ltd.(b)		6,603		63,323
Matson, Inc.		2,156		158,811
Safe Bulkers, Inc.		3,938		12,562
				336,121
Media - 0.8%
AdTheorent Holding Co., Inc.*		860		2,270
Advantage Solutions, Inc.*		4,435		16,143
AMC Networks, Inc., Class A*		1,627		43,587
Audacy, Inc.*		6,414		3,538
Boston Omaha Corp., Class A*		1,102		29,567
Cardlytics, Inc.*		1,781		23,580
Clear Channel Outdoor Holdings, Inc.*		19,630		31,408
Cumulus Media, Inc., Class A*		991		9,236
Daily Journal Corp.*		65		16,978
Entravision Communications Corp., Class A		3,194		16,226
EW Scripps Co. (The), Class A*		3,146		47,033
Gambling.com Group Ltd.*(b)		465		3,674
Gannett Co., Inc.*		7,742		17,962
Gray Television, Inc.		4,549		86,886
iHeartMedia, Inc., Class A*		6,482		57,366
Innovid Corp.*(b)		1,200		4,404
Integral Ad Science Holding Corp.*		2,053		16,691
John Wiley & Sons, Inc., Class A		2,310		106,329
Loyalty Ventures, Inc.*		1,076		2,270
Magnite, Inc.*		7,039		53,004
PubMatic, Inc., Class A*		2,244		43,915
Scholastic Corp.		1,485		68,176
Sinclair Broadcast Group, Inc., Class A		2,242		49,526
Stagwell, Inc.*(b)		4,200		28,476
TechTarget, Inc.*		1,476		95,792
TEGNA, Inc.		11,985		256,479
Thryv Holdings, Inc.*		1,365		34,917
Urban One, Inc.*		444		2,424
Urban One, Inc., Class D*		643		2,694
WideOpenWest, Inc.*		2,883		51,317
				1,221,868
Metals & Mining - 1.1%
5E Advanced Materials, Inc.*		1,738		26,070
Alpha Metallurgical Resources, Inc.		962		151,178
Arconic Corp.*		5,691		143,470
ATI, Inc.*		6,676		199,813
Carpenter Technology Corp.		2,571		87,337
Century Aluminum Co.*		2,792		21,554
Coeur Mining, Inc.*		14,978		41,339
Commercial Metals Co.		6,509		263,680
Compass Minerals International, Inc.		1,844		74,664
Constellium SE*		6,676		88,924
Dakota Gold Corp.*		2,729		9,306
Haynes International, Inc.		658		26,116
Hecla Mining Co.		28,763		113,326
Hycroft Mining Holding Corp.*(b)		8,114		6,492
Kaiser Aluminum Corp.		852		61,139
Materion Corp.		1,099		94,855
Novagold Resources, Inc.*		12,860		56,970
Olympic Steel, Inc.		518		13,634
Piedmont Lithium, Inc.*		934		57,114
PolyMet Mining Corp.*		1,569		4,895
Ramaco Resources, Inc.		1,205		12,701
Ryerson Holding Corp.		892		25,422
Schnitzer Steel Industries, Inc., Class A		1,394		46,058
SunCoke Energy, Inc.		4,481		29,530
TimkenSteel Corp.*		2,495		38,273
Warrior Met Coal, Inc.		2,768		90,098
Worthington Industries, Inc.		1,711		87,244
				1,871,202
Mortgage Real Estate Investment Trusts (REITs) - 1.1%
AFC Gamma, Inc.		850		14,781
Angel Oak Mortgage, Inc.(b)		642		8,905
Apollo Commercial Real Estate Finance, Inc.		7,566		88,144

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Arbor Realty Trust, Inc.		8,355		125,158
Ares Commercial Real Estate Corp.		2,407		31,748
ARMOUR Residential REIT, Inc.		5,524		39,220
Blackstone Mortgage Trust, Inc., Class A(b)		9,158		265,399
BrightSpire Capital, Inc.		5,122		43,025
Broadmark Realty Capital, Inc.		7,002		45,163
Chicago Atlantic Real Estate Finance, Inc.		368		5,619
Chimera Investment Corp.		12,792		108,732
Claros Mortgage Trust, Inc.		4,948		84,561
Dynex Capital, Inc.		1,954		30,307
Ellington Financial, Inc.		3,057		44,877
Franklin BSP Realty Trust, Inc.		4,526		58,385
Granite Point Mortgage Trust, Inc.		2,873		27,064
Hannon Armstrong Sustainable Infrastructure Capital, Inc.(b)		4,585		181,199
Invesco Mortgage Capital, Inc.		1,788		28,414
KKR Real Estate Finance Trust, Inc.		2,783		53,601
Ladder Capital Corp.		6,111		67,588
MFA Financial, Inc.		5,521		60,345
New York Mortgage Trust, Inc.		20,443		57,240
Nexpoint Real Estate Finance, Inc.		421		8,639
Orchid Island Capital, Inc.(b)		1,914		25,872
PennyMac Mortgage Investment Trust		4,948		73,478
Ready Capital Corp.		3,984		52,190
Redwood Trust, Inc.		6,466		50,111
TPG RE Finance Trust, Inc.		3,707		34,327
Two Harbors Investment Corp.(b)		18,581		90,118
				1,804,210
Multiline Retail - 0.1%
Big Lots, Inc.		1,507		30,999
Dillard's, Inc., Class A		231		68,432
Franchise Group, Inc.		1,481		50,191
				149,622
Multi-Utilities - 0.4%
Avista Corp.		3,897		158,335
Black Hills Corp.		3,496		263,878
NorthWestern Corp.		2,923		154,861
Unitil Corp.		856		44,589
				621,663
Oil, Gas & Consumable Fuels - 3.7%
Aemetis, Inc.*(b)		1,564		14,264
Alto Ingredients, Inc.*		3,883		16,775
Amplify Energy Corp.*		1,918		14,289
Arch Resources, Inc.		819		119,230
Archaea Energy, Inc.*		3,204		63,311
Ardmore Shipping Corp.*		1,874		18,065
Battalion Oil Corp.*		133		1,761
Berry Corp.		4,310		39,437
Brigham Minerals, Inc., Class A		2,742		81,575
California Resources Corp.		4,209		210,282
Callon Petroleum Co.*		2,645		112,571
Centennial Resource Development, Inc., Class A*(b)		11,064		91,057
Centrus Energy Corp., Class A*		572		28,491
Chord Energy Corp.		2,275		322,026
Civitas Resources, Inc.		3,968		266,610
Clean Energy Fuels Corp.*		9,116		61,260
CNX Resources Corp.*		10,367		183,185
Comstock Resources, Inc.*		4,930		96,628
CONSOL Energy, Inc.		1,846		132,506
Crescent Energy Co., Class A(b)		1,749		29,960
CVR Energy, Inc.		1,590		51,929
Delek US Holdings, Inc.		3,791		107,096
Denbury, Inc.*		2,731		242,868
DHT Holdings, Inc.		7,546		58,934
Dorian LPG Ltd.		1,652		24,037
Earthstone Energy, Inc., Class A*(b)		2,325		35,340
Empire Petroleum Corp.*		364		5,373
Energy Fuels, Inc.*		8,391		68,135
Equitrans Midstream Corp.		22,112		204,978
Excelerate Energy, Inc., Class A		997		25,603
FLEX LNG Ltd.(b)		1,532		50,663
Frontline Ltd.*(b)		6,705		79,521
Gevo, Inc.*(b)		10,582		33,122
Golar LNG Ltd.*		5,428		148,022
Green Plains, Inc.*		2,835		103,846
Gulfport Energy Corp.*		641		62,664
HighPeak Energy, Inc.(b)		345		8,735
International Seaways, Inc.(b)		2,652		78,314
Kinetik Holdings, Inc.		890		32,814
Kosmos Energy Ltd.*		24,284		171,688
Laredo Petroleum, Inc.*		918		71,246
Magnolia Oil & Gas Corp., Class A(b)		8,974		214,209
Matador Resources Co.		6,054		360,818
Murphy Oil Corp.		7,926		308,876
NACCO Industries, Inc., Class A		218		9,803
NextDecade Corp.*(b)		1,661		12,242
Nordic American Tankers Ltd.(b)		10,224		26,582
Northern Oil and Gas, Inc.		3,528		111,626
Par Pacific Holdings, Inc.*		2,629		49,425
PBF Energy, Inc., Class A*(b)		5,206		177,837
Peabody Energy Corp.*(b)		6,331		156,122
Ranger Oil Corp.		1,144		44,605
REX American Resources Corp.*		855		25,906
Riley Exploration Permian, Inc.		560		14,078
Ring Energy, Inc.*(b)		4,645		15,050
SandRidge Energy, Inc.*		1,709		35,855
Scorpio Tankers, Inc.		2,669		111,030
SFL Corp. Ltd.		6,178		66,105
SilverBow Resources, Inc.*		632		25,128
Sitio Royalties Corp.		626		15,919
SM Energy Co.		6,516		287,160
Talos Energy, Inc.*		3,557		73,737
Teekay Corp.*		3,750		13,088
Teekay Tankers Ltd., Class A*		1,230		30,258
Tellurian, Inc.*		27,438		109,752
Uranium Energy Corp.*		15,027		67,922
Ur-Energy, Inc.*		11,258		15,536
VAALCO Energy, Inc.(b)		3,144		15,751
Vertex Energy, Inc.*(b)		2,908		24,718
W&T Offshore, Inc.*		5,082		33,033
World Fuel Services Corp.		3,357		86,611
				6,106,993
Paper & Forest Products - 0.1%
Clearwater Paper Corp.*		900		38,286
Glatfelter Corp.		2,366		11,523
Resolute Forest Products, Inc.*		2,470		50,042
Sylvamo Corp.		1,910		84,880
				184,731
Personal Products - 0.6%
Beauty Health Co. (The)*(b)		5,365		62,234
BellRing Brands, Inc.*		7,092		168,010

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Edgewell Personal Care Co.		2,891		112,633
elf Beauty, Inc.*		2,604		99,291
Herbalife Nutrition Ltd.*		5,327		138,981
Honest Co., Inc. (The)*		3,495		12,617
Inter Parfums, Inc.		965		75,772
Medifast, Inc.		611		76,668
Nature's Sunshine Products, Inc.*		732		7,100
Nu Skin Enterprises, Inc., Class A(b)		2,685		109,924
Thorne HealthTech, Inc.*		738		3,454
USANA Health Sciences, Inc.*		606		39,099
Veru, Inc.*		3,495		53,474
				959,257
Pharmaceuticals - 1.2%
Aclaris Therapeutics, Inc.*		3,218		51,198
Aerie Pharmaceuticals, Inc.*		2,518		38,022
Amneal Pharmaceuticals, Inc.*		5,536		12,013
Amphastar Pharmaceuticals, Inc.*		2,060		60,976
Amylyx Pharmaceuticals, Inc.*		618		15,598
AN2 Therapeutics, Inc.*		248		4,251
ANI Pharmaceuticals, Inc.*		679		25,048
Arvinas, Inc.*		2,615		110,719
Atea Pharmaceuticals, Inc.*		4,104		30,780
Athira Pharma, Inc.*		1,826		6,172
Axsome Therapeutics, Inc.*		1,545		98,571
Cara Therapeutics, Inc.*		2,409		24,861
Cassava Sciences, Inc.*(b)		2,051		52,772
CinCor Pharma, Inc.*		720		24,314
Collegium Pharmaceutical, Inc.*		1,827		32,119
Corcept Therapeutics, Inc.*		4,586		118,411
DICE Therapeutics, Inc.*		1,527		23,974
Edgewise Therapeutics, Inc.*(b)		1,598		16,108
Esperion Therapeutics, Inc.*		3,392		25,304
Evolus, Inc.*		1,902		18,278
EyePoint Pharmaceuticals, Inc.*(b)		1,403		14,030
Fulcrum Therapeutics, Inc.*(b)		1,836		13,586
Harmony Biosciences Holdings, Inc.*		1,410		61,913
Innoviva, Inc.*(b)		3,402		44,770
Intra-Cellular Therapies, Inc.*		4,926		247,581
Liquidia Corp.*(b)		2,564		14,794
Nektar Therapeutics*		9,756		38,439
NGM Biopharmaceuticals, Inc.*		2,108		29,744
Nuvation Bio, Inc.*(b)		6,256		17,517
Ocular Therapeutix, Inc.*		4,142		21,041
Pacira BioSciences, Inc.*		2,416		126,792
Phathom Pharmaceuticals, Inc.*(b)		1,237		10,564
Phibro Animal Health Corp., Class A		1,097		16,247
Prestige Consumer Healthcare, Inc.*		2,706		136,869
Provention Bio, Inc.*(b)		3,007		12,990
Reata Pharmaceuticals, Inc., Class A*		1,486		35,530
Relmada Therapeutics, Inc.*		1,473		42,923
Revance Therapeutics, Inc.*		3,769		75,003
SIGA Technologies, Inc.(b)		2,533		38,198
Supernus Pharmaceuticals, Inc.*		2,635		90,196
Tarsus Pharmaceuticals, Inc.*		975		14,996
Theravance Biopharma, Inc.*		3,463		31,202
Theseus Pharmaceuticals, Inc.*(b)		912		6,220
Tricida, Inc.*(b)		1,791		22,423
Ventyx Biosciences, Inc.*(b)		1,205		24,582
Xeris Biopharma Holdings, Inc.*		7,116		11,884
				1,989,523
Professional Services - 1.4%
Alight, Inc., Class A*		18,260		143,889
ASGN, Inc.*		2,700		261,090
Atlas Technical Consultants, Inc.*		957		8,153
Barrett Business Services, Inc.		387		31,208
CBIZ, Inc.*		2,641		115,306
CRA International, Inc.		385		35,193
Exponent, Inc.		2,774		260,368
First Advantage Corp.*		3,158		43,707
Forrester Research, Inc.*		609		25,328
Franklin Covey Co.*		675		32,110
Heidrick & Struggles International, Inc.		1,052		29,940
HireRight Holdings Corp.*		1,141		18,553
Huron Consulting Group, Inc.*		1,132		75,731
ICF International, Inc.		991		100,646
Insperity, Inc.		1,952		212,807
Kelly Services, Inc., Class A		1,891		30,464
Kforce, Inc.		1,097		60,028
Korn Ferry		2,882		175,571
Legalzoom.com, Inc.*(b)		5,268		54,260
ManTech International Corp., Class A		1,608		154,223
Planet Labs PBC*		8,361		45,818
Red Violet, Inc.*(b)		509		9,666
Resources Connection, Inc.		1,707		33,355
Skillsoft Corp.*		4,363		14,049
Spire Global, Inc.*		6,722		9,075
Sterling Check Corp.*		1,274		27,111
TriNet Group, Inc.*		2,014		165,953
TrueBlue, Inc.*		1,762		36,191
Upwork, Inc.*		6,447		112,178
Willdan Group, Inc.*		623		14,179
				2,336,150
Real Estate Management & Development - 0.6%
American Realty Investors, Inc.*		80		1,111
Anywhere Real Estate, Inc.*(b)		6,231		60,877
Compass, Inc., Class A*		14,015		40,083
Cushman & Wakefield plc*		8,549		127,893
DigitalBridge Group, Inc.*		7,950		141,510
Doma Holdings, Inc.*(b)		7,359		4,438
Douglas Elliman, Inc.		4,064		18,735
eXp World Holdings, Inc.(b)		3,689		47,699
Forestar Group, Inc.*		979		12,179
FRP Holdings, Inc.*		361		20,765
Kennedy-Wilson Holdings, Inc.		6,352		111,541
Marcus & Millichap, Inc.		1,338		50,014
Newmark Group, Inc., Class A		7,951		81,498
Offerpad Solutions, Inc.*(b)		3,666		5,572
RE/MAX Holdings, Inc., Class A		1,010		22,988
Redfin Corp.*(b)		5,648		46,257
RMR Group, Inc. (The), Class A		822		21,405
Seritage Growth Properties, Class A, REIT*(b)		2,364		29,644
St Joe Co. (The)		1,853		70,785
Stratus Properties, Inc.*		316		11,253
Tejon Ranch Co.*		1,117		17,604
Transcontinental Realty Investors, Inc.*		68		2,924
				946,775
Road & Rail - 0.5%
ArcBest Corp.		1,314		105,816

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Bird Global, Inc., Class A*(b)		9,213		3,915
Covenant Logistics Group, Inc.		596		16,759
Daseke, Inc.*		2,188		13,259
Heartland Express, Inc.		2,511		38,042
Marten Transport Ltd.		3,172		62,837
PAM Transportation Services, Inc.*		355		10,547
Saia, Inc.*		1,429		295,560
TuSimple Holdings, Inc., Class A*		7,525		54,105
Universal Logistics Holdings, Inc.		392		14,312
Werner Enterprises, Inc.		3,496		139,106
				754,258
Semiconductors & Semiconductor Equipment - 2.0%
ACM Research, Inc., Class A*		2,579		43,559
Alpha & Omega Semiconductor Ltd.*		1,184		45,773
Ambarella, Inc.*		1,961		133,113
Amkor Technology, Inc.		5,459		109,890
Atomera, Inc.*(b)		1,099		14,210
Axcelis Technologies, Inc.*		1,757		117,613
AXT, Inc.*		2,181		18,735
CEVA, Inc.*		1,229		35,973
Cohu, Inc.*		2,584		69,329
Credo Technology Group Holding Ltd.*		1,263		17,417
CyberOptics Corp.*		385		20,497
Diodes, Inc.*		2,394		170,381
FormFactor, Inc.*		4,196		122,859
Ichor Holdings Ltd.*		1,508		46,326
Impinj, Inc.*(b)		1,131		100,976
indie Semiconductor, Inc., Class A*		5,366		45,665
Kulicke & Soffa Industries, Inc.		3,126		131,417
MACOM Technology Solutions Holdings, Inc.*		2,718		149,898
MaxLinear, Inc.*		3,863		138,798
Onto Innovation, Inc.*		2,666		189,259
PDF Solutions, Inc.*		1,626		42,894
Photronics, Inc.*		3,224		54,163
Power Integrations, Inc.		3,110		222,458
Rambus, Inc.*		5,896		152,058
Rigetti Computing, Inc.*(b)		1,722		6,853
Rockley Photonics Holdings Ltd.*(b)		5,478		7,779
Semtech Corp.*		3,403		157,184
Silicon Laboratories, Inc.*		1,952		244,644
SiTime Corp.*		862		91,725
SkyWater Technology, Inc.*(b)		581		7,553
SMART Global Holdings, Inc.*		2,640		48,444
SunPower Corp.*		4,401		105,624
Synaptics, Inc.*		2,134		246,712
Transphorm, Inc.*		1,152		6,394
Ultra Clean Holdings, Inc.*		2,429		71,097
Veeco Instruments, Inc.*		2,684		56,740
				3,244,010
Software - 3.7%
8x8, Inc.*		5,914		30,812
A10 Networks, Inc.		3,544		49,262
ACI Worldwide, Inc.*		6,160		145,992
Agilysys, Inc.*		1,053		54,514
Alarm.com Holdings, Inc.*		2,587		172,294
Alkami Technology, Inc.*		1,928		27,956
Altair Engineering, Inc., Class A*		2,795		145,368
American Software, Inc., Class A		1,683		28,493
Amplitude, Inc., Class A*		3,006		45,541
Appfolio, Inc., Class A*		1,024		103,813
Appian Corp.*		2,152		100,929
Applied Blockchain, Inc.*(b)		429		1,017
Arteris, Inc.*		911		6,486
Asana, Inc., Class A*		3,962		75,872
Avaya Holdings Corp.*(b)		4,485		7,131
AvePoint, Inc.*(b)		6,926		32,414
Benefitfocus, Inc.*		1,387		10,278
Blackbaud, Inc.*		2,497		130,593
Blackline, Inc.*		2,971		201,850
Blend Labs, Inc., Class A*(b)		9,946		31,330
Box, Inc., Class A*		6,944		178,808
BTRS Holdings, Inc., Class 1*		5,393		36,457
C3.ai, Inc., Class A*(b)		3,702		66,636
Cerence, Inc.*		2,114		42,301
ChannelAdvisor Corp.*		1,615		24,370
Cipher Mining, Inc.*(b)		2,097		4,215
Cleanspark, Inc.*(b)		2,159		9,241
Clear Secure, Inc., Class A*		3,347		76,780
CommVault Systems, Inc.*		2,394		129,970
Consensus Cloud Solutions, Inc.*		860		43,301
Couchbase, Inc.*		1,426		23,657
CS Disco, Inc.*		1,196		16,505
Cvent Holding Corp.*(b)		4,521		22,876
Digimarc Corp.*(b)		736		13,115
Digital Turbine, Inc.*		4,953		91,482
Domo, Inc., Class B*		1,634		31,471
Duck Creek Technologies, Inc.*		4,154		49,433
E2open Parent Holdings, Inc.*		10,713		73,598
Ebix, Inc.		1,417		36,870
eGain Corp.*		1,121		10,324
Enfusion, Inc., Class A*(b)		1,368		16,949
EngageSmart, Inc.*		1,876		37,464
Envestnet, Inc.*		2,957		154,858
Everbridge, Inc.*		2,129		84,692
EverCommerce, Inc.*(b)		1,300		15,132
ForgeRock, Inc., Class A*(b)		1,499		25,573
Greenidge Generation Holdings, Inc.*(b)		685		1,665
Instructure Holdings, Inc.*		931		21,162
Intapp, Inc.*		755		10,940
InterDigital, Inc.		1,663		83,416
IronNet, Inc.*(b)		3,483		7,036
Kaleyra, Inc.*(b)		1,460		2,321
KnowBe4, Inc., Class A*		3,918		75,304
Latch, Inc.*(b)		3,779		4,044
LivePerson, Inc.*		3,783		43,883
LiveRamp Holdings, Inc.*		3,607		71,599
LiveVox Holdings, Inc.*(b)		1,191		2,549
Marathon Digital Holdings, Inc.*(b)		5,430		64,345
Matterport, Inc.*(b)		11,772		54,269
MeridianLink, Inc.*		1,235		21,452
MicroStrategy, Inc., Class A*(b)		507		117,401
Mitek Systems, Inc.*(b)		2,270		23,199
Model N, Inc.*		1,939		57,976
Momentive Global, Inc.*		7,123		50,502
N-able, Inc.*		3,667		36,523
NextNav, Inc.*(b)		2,619		8,878
Olo, Inc., Class A*		4,835		37,761
ON24, Inc.*		2,237		20,044
OneSpan, Inc.*		2,154		24,793
PagerDuty, Inc.*		4,577		119,185
Ping Identity Holding Corp.*		4,156		116,950
Progress Software Corp.		2,350		113,105
PROS Holdings, Inc.*		2,202		45,912

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Q2 Holdings, Inc.*		3,004		119,319
Qualys, Inc.*		2,100		318,990
Rapid7, Inc.*(b)		3,125		179,687
Rimini Street, Inc.*		2,616		13,185
Riot Blockchain, Inc.*(b)		6,298		45,157
Sapiens International Corp. NV		1,652		36,542
SecureWorks Corp., Class A*		527		5,481
ShotSpotter, Inc.*		481		15,695
Sprout Social, Inc., Class A*		2,470		148,299
SPS Commerce, Inc.*		1,951		238,256
Sumo Logic, Inc.*		4,596		40,353
Telos Corp.*		2,898		28,690
Tenable Holdings, Inc.*		5,911		234,135
Terawulf, Inc.*		1,145		1,706
Upland Software, Inc.*		1,568		16,417
UserTesting, Inc.*		2,544		10,583
Varonis Systems, Inc.*		5,859		160,244
Verint Systems, Inc.*		3,421		165,884
Veritone, Inc.*(b)		1,680		12,348
Viant Technology, Inc., Class A*		752		3,399
Weave Communications, Inc.*		268		1,546
WM Technology, Inc.*		3,858		10,108
Workiva, Inc.*		2,563		174,002
Xperi Holding Corp.		5,606		89,191
Yext, Inc.*		6,460		28,747
Zeta Global Holdings Corp., Class A*(b)		1,674		11,718
Zuora, Inc., Class A*		6,072		46,633
				6,110,552
Specialty Retail - 1.9%
Aaron's Co., Inc. (The)		1,628		19,373
Abercrombie & Fitch Co., Class A*		2,668		38,393
Academy Sports & Outdoors, Inc.		4,511		194,334
American Eagle Outfitters, Inc.(b)		8,293		93,379
America's Car-Mart, Inc.*		321		25,876
Arko Corp.		4,566		43,514
Asbury Automotive Group, Inc.*		1,191		207,806
Bed Bath & Beyond, Inc.*(b)		4,285		40,836
Big 5 Sporting Goods Corp.(b)		1,153		14,113
Boot Barn Holdings, Inc.*		1,587		105,726
Buckle, Inc. (The)		1,625		52,455
Build-A-Bear Workshop, Inc.		763		11,689
Caleres, Inc.		1,961		50,045
Camping World Holdings, Inc., Class A(b)		2,069		62,318
Cato Corp. (The), Class A		988		10,680
Chico's FAS, Inc.*		6,583		37,391
Children's Place, Inc. (The)*		706		29,779
Citi Trends, Inc.*		449		9,070
Conn's, Inc.*		701		6,737
Container Store Group, Inc. (The)*		1,749		11,858
Designer Brands, Inc., Class A(b)		3,109		53,040
Destination XL Group, Inc.*(b)		3,211		17,693
EVgo, Inc.*(b)		3,654		34,676
Express, Inc.*		3,450		5,244
Foot Locker, Inc.		4,468		164,601
Genesco, Inc.*		705		39,889
Group 1 Automotive, Inc.		865		154,480
GrowGeneration Corp.*(b)		3,085		14,654
Guess?, Inc.(b)		1,832		32,005
Haverty Furniture Cos., Inc.		814		21,831
Hibbett, Inc.		691		40,493
JOANN, Inc.(b)		592		4,203
LL Flooring Holdings, Inc.*		1,572		12,796
MarineMax, Inc.*		1,138		41,355
Monro, Inc.		1,791		82,941
Murphy USA, Inc.		1,205		349,655
National Vision Holdings, Inc.*		4,364		145,016
ODP Corp. (The)*		2,312		82,654
OneWater Marine, Inc., Class A*		596		23,751
Party City Holdco, Inc.*(b)		5,859		11,542
Rent-A-Center, Inc.		2,855		73,773
Sally Beauty Holdings, Inc.*		5,760		85,709
Shoe Carnival, Inc.		948		22,553
Signet Jewelers Ltd.		2,509		164,013
Sleep Number Corp.*		1,161		48,100
Sonic Automotive, Inc., Class A(b)		1,083		57,605
Sportsman's Warehouse Holdings, Inc.*		2,338		18,610
Tile Shop Holdings, Inc.		1,954		7,660
Tilly's, Inc., Class A		1,237		9,277
Torrid Holdings, Inc.*(b)		796		4,466
TravelCenters of America, Inc.*		680		36,774
Urban Outfitters, Inc.*		3,545		71,361
Volta, Inc.*(b)		6,568		14,056
Warby Parker, Inc., Class A*		4,488		56,414
Winmark Corp.		154		31,781
Zumiez, Inc.*		840		21,806
				3,121,849
Technology Hardware, Storage & Peripherals - 0.3%
3D Systems Corp.*		6,816		69,046
Avid Technology, Inc.*		1,925		52,649
CompoSecure, Inc.*(b)		417		2,410
Corsair Gaming, Inc.*(b)		2,061		31,719
Diebold Nixdorf, Inc.*		3,927		13,666
Eastman Kodak Co.*(b)		3,073		16,625
IonQ, Inc.*(b)		6,386		37,933
Super Micro Computer, Inc.*		2,443		158,990
Turtle Beach Corp.*		833		7,822
Xerox Holdings Corp.		6,150		102,213
				493,073
Textiles, Apparel & Luxury Goods - 0.5%
Allbirds, Inc., Class A*		5,072		20,846
Crocs, Inc.*		3,265		240,630
Ermenegildo Zegna NV(b)		2,543		26,040
Fossil Group, Inc.*		2,507		10,605
G-III Apparel Group Ltd.*		2,347		49,451
Kontoor Brands, Inc.		3,031		112,844
Movado Group, Inc.		840		26,788
Oxford Industries, Inc.		834		89,013
PLBY Group, Inc.*(b)		1,673		7,528
Rocky Brands, Inc.		371		9,694
Steven Madden Ltd.		4,244		123,543
Superior Group of Cos., Inc.		626		6,955
Unifi, Inc.*		749		8,509
Wolverine World Wide, Inc.		4,303		84,081
				816,527
Thrifts & Mortgage Finance - 1.2%
Axos Financial, Inc.*		3,082		128,766
Blue Foundry Bancorp*		1,410		16,032
Bridgewater Bancshares, Inc.*		1,109		19,053
Capitol Federal Financial, Inc.		6,992		63,348
Columbia Financial, Inc.*(b)		1,860		39,674
Enact Holdings, Inc.(b)		1,615		41,021
Essent Group Ltd.		5,668		226,663
Federal Agricultural Mortgage Corp., Class C		490		53,528
Finance of America Cos., Inc., Class A*		2,083		2,541

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Flagstar Bancorp, Inc.		2,811		108,308
Greene County Bancorp, Inc.		181		9,629
Hingham Institution For Savings (The)		79		23,455
Home Bancorp, Inc.		393		15,343
Home Point Capital, Inc.(b)		425		977
Kearny Financial Corp.		3,333		37,863
Luther Burbank Corp.		797		10,449
Merchants Bancorp		846		22,817
Mr Cooper Group, Inc.*		3,905		165,182
NMI Holdings, Inc., Class A*		4,546		93,329
Northfield Bancorp, Inc.		2,350		34,639
PennyMac Financial Services, Inc.		1,593		84,620
Pioneer Bancorp, Inc.*		623		5,825
Provident Bancorp, Inc.		775		11,230
Provident Financial Services, Inc.		4,018		93,338
Radian Group, Inc.		9,319		196,724
Southern Missouri Bancorp, Inc.		427		22,516
Sterling Bancorp, Inc.*		919		5,413
TrustCo Bank Corp.		1,010		33,673
Velocity Financial, Inc.*		463		5,287
Walker & Dunlop, Inc.		1,651		165,859
Waterstone Financial, Inc.		1,082		18,708
WSFS Financial Corp.		3,464		167,484
				1,923,294
Tobacco - 0.1%
22nd Century Group, Inc.*(b)		8,701		11,659
Turning Point Brands, Inc.		821		19,146
Universal Corp.		1,300		66,352
Vector Group Ltd.		7,731		75,764
				172,921
Trading Companies & Distributors - 1.2%
Alta Equipment Group, Inc.		1,130		13,300
Applied Industrial Technologies, Inc.		2,060		218,401
Beacon Roofing Supply, Inc.*		2,922		160,447
BlueLinx Holdings, Inc.*		504		35,330
Boise Cascade Co.		2,126		132,514
Custom Truck One Source, Inc.*(b)		3,208		21,109
Distribution Solutions Group, Inc.*		264		10,491
DXP Enterprises, Inc.*		819		21,769
GATX Corp.		1,912		184,718
Global Industrial Co.		699		21,026
GMS, Inc.*		2,326		112,113
H&E Equipment Services, Inc.		1,716		54,329
Herc Holdings, Inc.		1,381		155,404
Hudson Technologies, Inc.*		2,320		19,256
Karat Packaging, Inc.*		304		5,439
McGrath RentCorp		1,303		110,130
MRC Global, Inc.*		4,465		43,444
NOW, Inc.*		5,934		71,920
Rush Enterprises, Inc., Class A		2,284		107,485
Rush Enterprises, Inc., Class B		366		18,534
Textainer Group Holdings Ltd.		2,496		75,829
Titan Machinery, Inc.*		1,089		33,519
Transcat, Inc.*		382		28,302
Triton International Ltd.		3,422		203,917
Veritiv Corp.*		784		93,445
				1,952,171
Water Utilities - 0.4%
American States Water Co.		1,985		164,695
Artesian Resources Corp., Class A		442		24,147
California Water Service Group		2,886		168,918
Global Water Resources, Inc.		694		9,452
Middlesex Water Co.		934		82,911
Pure Cycle Corp.*		1,049		10,826
SJW Group		1,453		93,428
York Water Co. (The)		764		33,593
				587,970
Wireless Telecommunication Services - 0.1%
Gogo, Inc.*		2,691		39,988
KORE Group Holdings, Inc.*(b)		1,883		5,630
Shenandoah Telecommunications Co.		2,607		58,110
Telephone and Data Systems, Inc.		5,423		88,232
United States Cellular Corp.*		804		22,987
				214,947
TOTAL COMMON STOCKS (Cost $169,566,563)				129,823,342

Investments	Number of Rights		Value ($)
RIGHTS - 0.0%(d)
Biotechnology - 0.0%
Aduro Biotech, Inc., CVR*(e)(f)		687		—
Oncternal Therapeutics, Inc., CVR*(e)(f)		42		—
Tobira Therapeutics, Inc., CVR*(e)(f)		756		—
				—
Food Products - 0.0%(d)
Contraf-Nicotex-Tobacco GmbH, CVR*(e)(f)		2,444		1,222
Pharmaceuticals - 0.0%(d)
ANI Pharmaceuticals, Inc., CVR, expiring 12/31/2050*(e)(f)		2		—
Zogenix, Inc., CVR*(e)(f)		4,182		2,844
				2,844
TOTAL RIGHTS (Cost $1,635)				4,066

Investments	Shares		Value ($)
SECURITIES LENDING REINVESTMENTS(g) - 3.1%
INVESTMENT COMPANIES - 3.1%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $5,061,412)		5,061,412		5,061,412

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 37.7%
REPURCHASE AGREEMENTS(h) - 37.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $61,719,821
(Cost $61,716,047)		61,716,047		61,716,047
Total Investments - 120.2% (Cost $236,345,657)				196,604,867
Liabilities in excess of other assets - (20.2%)				(33,054,526	)
Net Assets - 100.0%				163,550,341

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $50,113,968.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $6,964,861, collateralized in the form of cash with a value of $5,061,412 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $2,222,288 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from October 20, 2022 – February 15, 2052. The total value of collateral is $7,283,700.
(c)	Security exempt from registration pursuant to Regulation S under the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale.
(d)	Represents less than 0.05% of net assets.
(e)	Security fair valued as of August 31, 2022 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at August 31, 2022 amounted to $4,066, which represents approximately 0.00% of net assets of the Fund.
(f)	Illiquid security.
(g)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $5,061,412.
(h)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Abbreviations
CVR	Contingent Value Rights - No defined expiration

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Purchased

Ultra Russell2000 had the following open long futures contracts as of August 31, 2022:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index	92	9/16/2022	USD	$	8,485,160	$	607,409

Swap Agreements

Ultra Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
17,412,181	5/8/2023	Bank of America NA		2.18	%	Russell 2000® Index		(9,008,920	)
5,829,263	11/6/2023	Barclays Capital		2.83	%	Russell 2000® Index		31,214
43,283,341	5/8/2023	BNP Paribas SA		2.48	%	Russell 2000® Index		(8,594,902	)
19,816,913	4/10/2023	Citibank NA		2.62	%	Russell 2000® Index		(11,409,477	)
14,015,312	3/7/2023	Goldman Sachs International		2.73	%	Russell 2000® Index		(13,289,514	)
11,374,857	11/7/2022	Morgan Stanley & Co. International plc		2.78	%	iShares® Russell 2000 ETF		(1,251,604	)
22,225,334	11/7/2022	Morgan Stanley & Co. International plc		2.78	%	Russell 2000® Index		(2,736,509	)
43,106,305	3/7/2023	Societe Generale		2.68	%	Russell 2000® Index		(17,129,937	)
11,723,071	3/7/2023	UBS AG		2.33	%	Russell 2000® Index		(10,773,325	)
188,786,577								(74,162,974	)
						Total Unrealized Appreciation		31,214
						Total Unrealized Depreciation		(74,194,188	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra S&P500^®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 84.8%
Aerospace & Defense - 1.4%
Boeing Co. (The)*		43,884		7,032,411
General Dynamics Corp.		18,219		4,170,876
Howmet Aerospace, Inc.		29,675		1,051,385
Huntington Ingalls Industries, Inc.		3,158		727,161
L3Harris Technologies, Inc.		15,239		3,477,387
Lockheed Martin Corp.		18,682		7,848,495
Northrop Grumman Corp.		11,540		5,516,005
Raytheon Technologies Corp.		117,408		10,537,368
Textron, Inc.		16,987		1,059,649
TransDigm Group, Inc.		4,093		2,457,396
				43,878,133
Air Freight & Logistics - 0.6%
CH Robinson Worldwide, Inc.		10,051		1,147,322
Expeditors International of Washington, Inc.		13,244		1,362,675
FedEx Corp.		18,811		3,965,547
United Parcel Service, Inc., Class B		57,976		11,276,912
				17,752,456
Airlines - 0.2%
Alaska Air Group, Inc.*		9,970		434,293
American Airlines Group, Inc.*(b)		51,283		666,166
Delta Air Lines, Inc.*		50,608		1,572,391
Southwest Airlines Co.*		46,829		1,718,624
United Airlines Holdings, Inc.*		25,814		903,748
				5,295,222
Auto Components - 0.1%
Aptiv plc*		21,418		2,001,084
BorgWarner, Inc.		18,903		712,643
				2,713,727
Automobiles - 2.1%
Ford Motor Co.		311,636		4,749,333
General Motors Co.		115,092		4,397,665
Tesla, Inc.*		198,743		54,775,558
				63,922,556
Banks - 3.1%
Bank of America Corp.		559,829		18,815,853
Citigroup, Inc.		153,373		7,486,136
Citizens Financial Group, Inc.		38,736		1,420,836
Comerica, Inc.		10,319		828,616
Fifth Third Bancorp		54,190		1,850,589
First Republic Bank		14,180		2,152,949
Huntington Bancshares, Inc.		113,600		1,522,240
JPMorgan Chase & Co.		231,915		26,375,693
KeyCorp		73,634		1,302,585
M&T Bank Corp.		14,176		2,576,913
PNC Financial Services Group, Inc. (The)		32,662		5,160,596
Regions Financial Corp.		73,803		1,599,311
Signature Bank		4,980		868,313
SVB Financial Group*		4,664		1,896,009
Truist Financial Corp.		105,117		4,923,680
US Bancorp		106,752		4,868,959
Wells Fargo & Co.		299,287		13,081,835
Zions Bancorp NA		11,965		658,434
				97,389,547
Beverages - 1.5%
Brown-Forman Corp., Class B		14,426		1,048,770
Coca-Cola Co. (The)		308,076		19,011,370
Constellation Brands, Inc., Class A		12,851		3,161,988
Keurig Dr Pepper, Inc.		58,263		2,220,986
Molson Coors Beverage Co., Class B		14,870		768,333
Monster Beverage Corp.*		29,688		2,637,185
PepsiCo, Inc.		109,160		18,804,993
				47,653,625
Biotechnology - 1.7%
AbbVie, Inc.		139,544		18,763,086
Amgen, Inc.		42,184		10,136,815
Biogen, Inc.*		11,572		2,260,937
Gilead Sciences, Inc.		99,045		6,286,386
Incyte Corp.*		14,873		1,047,506
Moderna, Inc.*		27,322		3,613,881
Regeneron Pharmaceuticals, Inc.*		8,527		4,954,699
Vertex Pharmaceuticals, Inc.*		20,208		5,693,806
				52,757,116
Building Products - 0.4%
A O Smith Corp.		10,253		578,782
Allegion plc		6,918		657,902
Carrier Global Corp.		66,943		2,618,810
Fortune Brands Home & Security, Inc.		10,324		634,203
Johnson Controls International plc		54,925		2,973,640
Masco Corp.		18,614		946,894
Trane Technologies plc		18,463		2,844,594
				11,254,825
Capital Markets - 2.5%
Ameriprise Financial, Inc.		8,673		2,324,451
Bank of New York Mellon Corp. (The)		58,659		2,436,108
BlackRock, Inc.		11,228		7,482,227
Cboe Global Markets, Inc.		8,376		988,117
Charles Schwab Corp. (The)		119,078		8,448,584
CME Group, Inc.		28,389		5,553,172
FactSet Research Systems, Inc.		2,990		1,295,687
Franklin Resources, Inc.		22,094		575,991
Goldman Sachs Group, Inc. (The)		27,131		9,025,670
Intercontinental Exchange, Inc.		44,064		4,443,854
Invesco Ltd.		26,591		437,954
MarketAxess Holdings, Inc.		2,978		740,301
Moody's Corp.		12,681		3,607,998
Morgan Stanley		110,420		9,409,992
MSCI, Inc.		6,399		2,874,687
Nasdaq, Inc.		27,270		1,623,383
Northern Trust Corp.		16,448		1,564,040
Raymond James Financial, Inc.		15,344		1,601,453
S&P Global, Inc.		27,396		9,648,323
State Street Corp.		28,997		1,981,945
T. Rowe Price Group, Inc.(b)		17,936		2,152,320
				78,216,257
Chemicals - 1.5%
Air Products and Chemicals, Inc.		17,508		4,419,895
Albemarle Corp.		9,243		2,476,754
Celanese Corp.		8,550		947,853
CF Industries Holdings, Inc.		16,456		1,702,538
Corteva, Inc.		57,162		3,511,462
Dow, Inc.		57,479		2,931,429
DuPont de Nemours, Inc.		40,144		2,233,612
Eastman Chemical Co.		10,157		924,287
Ecolab, Inc.		19,617		3,213,853
FMC Corp.		9,956		1,076,044
International Flavors & Fragrances, Inc.		20,122		2,223,078

Ultra S&P500^®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Linde plc		39,745		11,242,271
LyondellBasell Industries NV, Class A		20,458		1,698,014
Mosaic Co. (The)		28,572		1,539,174
PPG Industries, Inc.		18,631		2,365,764
Sherwin-Williams Co. (The)		18,878		4,381,584
				46,887,612
Commercial Services & Supplies - 0.4%
Cintas Corp.		6,873		2,796,211
Copart, Inc.*		16,872		2,018,735
Republic Services, Inc.		16,447		2,347,316
Rollins, Inc.		17,871		603,325
Waste Management, Inc.		30,160		5,097,945
				12,863,532
Communications Equipment - 0.7%
Arista Networks, Inc.*		17,753		2,128,230
Cisco Systems, Inc.		327,936		14,665,298
F5, Inc.*		4,776		750,118
Juniper Networks, Inc.		25,517		725,193
Motorola Solutions, Inc.		13,202		3,213,499
				21,482,338
Construction & Engineering - 0.1%
Quanta Services, Inc.		11,329		1,600,788
Construction Materials - 0.1%
Martin Marietta Materials, Inc.		4,930		1,714,210
Vulcan Materials Co.		10,503		1,748,645
				3,462,855
Consumer Finance - 0.5%
American Express Co.		48,183		7,323,816
Capital One Financial Corp.		31,052		3,285,922
Discover Financial Services		22,183		2,229,170
Synchrony Financial		39,585		1,296,409
				14,135,317
Containers & Packaging - 0.2%
Amcor plc		118,653		1,425,023
Avery Dennison Corp.		6,463		1,186,736
Ball Corp.		25,235		1,408,365
International Paper Co.		29,270		1,218,217
Packaging Corp. of America		7,394		1,012,387
Sealed Air Corp.		11,540		620,967
Westrock Co.		20,130		817,077
				7,688,772
Distributors - 0.1%
Genuine Parts Co.		11,168		1,742,320
LKQ Corp.		20,558		1,094,097
Pool Corp.		3,161		1,072,179
				3,908,596
Diversified Financial Services - 1.3%
Berkshire Hathaway, Inc., Class B*		142,853		40,113,122
Diversified Telecommunication Services - 0.8%
AT&T, Inc.		564,973		9,909,626
Lumen Technologies, Inc.		73,405		731,114
Verizon Communications, Inc.		331,505		13,860,224
				24,500,964
Electric Utilities - 1.7%
Alliant Energy Corp.		19,783		1,207,554
American Electric Power Co., Inc.		40,556		4,063,711
Constellation Energy Corp.		25,808		2,105,675
Duke Energy Corp.		60,779		6,497,883
Edison International		30,096		2,039,606
Entergy Corp.		16,079		1,853,909
Evergy, Inc.		18,135		1,242,791
Eversource Energy		27,223		2,441,631
Exelon Corp.		77,380		3,397,756
FirstEnergy Corp.		45,083		1,783,033
NextEra Energy, Inc.		155,061		13,189,489
NRG Energy, Inc.		18,711		772,390
Pinnacle West Capital Corp.		8,935		673,252
PPL Corp.		58,119		1,690,100
Southern Co. (The)		83,909		6,466,867
Xcel Energy, Inc.		42,999		3,192,676
				52,618,323
Electrical Equipment - 0.4%
AMETEK, Inc.		18,250		2,192,920
Eaton Corp. plc		31,511		4,305,663
Emerson Electric Co.		46,911		3,834,505
Generac Holdings, Inc.*		5,036		1,109,985
Rockwell Automation, Inc.		9,166		2,171,792
				13,614,865
Electronic Equipment, Instruments & Components - 0.5%
Amphenol Corp., Class A		47,165		3,468,043
CDW Corp.		10,662		1,820,003
Corning, Inc.		60,001		2,059,234
Keysight Technologies, Inc.*		14,354		2,352,477
TE Connectivity Ltd.		25,440		3,210,782
Teledyne Technologies, Inc.*		3,704		1,364,406
Trimble, Inc.*		19,732		1,248,049
Zebra Technologies Corp., Class A*		4,143		1,249,695
				16,772,689
Energy Equipment & Services - 0.3%
Baker Hughes Co.		73,861		1,865,729
Halliburton Co.		71,177		2,144,563
Schlumberger NV		111,624		4,258,455
				8,268,747
Entertainment - 1.2%
Activision Blizzard, Inc.		61,731		4,845,266
Electronic Arts, Inc.		22,203		2,816,895
Live Nation Entertainment, Inc.*(b)		10,819		977,605
Netflix, Inc.*		35,069		7,840,026
Take-Two Interactive Software, Inc.*		12,477		1,529,181
Walt Disney Co. (The)*		143,845		16,122,147
Warner Bros Discovery, Inc.*		174,381		2,308,804
				36,439,924
Equity Real Estate Investment Trusts (REITs) - 2.4%
Alexandria Real Estate Equities, Inc.		11,720		1,797,848
American Tower Corp.		36,706		9,325,159
AvalonBay Communities, Inc.		11,049		2,219,855
Boston Properties, Inc.		11,233		892,237
Camden Property Trust		8,404		1,079,998
Crown Castle, Inc.		34,187		5,840,165
Digital Realty Trust, Inc.		22,492		2,780,686
Duke Realty Corp.		30,366		1,787,039
Equinix, Inc.		7,194		4,729,120
Equity Residential		27,027		1,977,836
Essex Property Trust, Inc.		5,157		1,366,914
Extra Space Storage, Inc.		10,598		2,106,141
Federal Realty Investment Trust		5,642		571,365
Healthpeak Properties, Inc.		42,605		1,118,381
Host Hotels & Resorts, Inc.		56,413		1,002,459
Iron Mountain, Inc.		22,918		1,205,716
Kimco Realty Corp.		48,788		1,028,451

Ultra S&P500^®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Mid-America Apartment Communities, Inc.(b)		9,098		1,507,266
Prologis, Inc.		58,451		7,277,734
Public Storage		12,072		3,993,780
Realty Income Corp.		47,492		3,242,754
Regency Centers Corp.		12,232		744,195
SBA Communications Corp.		8,512		2,768,528
Simon Property Group, Inc.		25,933		2,644,647
UDR, Inc.		23,647		1,061,041
Ventas, Inc.		31,566		1,510,749
VICI Properties, Inc.		76,055		2,509,054
Vornado Realty Trust		12,567		329,507
Welltower, Inc.		35,846		2,747,596
Weyerhaeuser Co.		58,761		2,007,276
				73,173,497
Food & Staples Retailing - 1.3%
Costco Wholesale Corp.		35,006		18,276,633
Kroger Co. (The)		51,785		2,482,573
Sysco Corp.		40,228		3,307,546
Walgreens Boots Alliance, Inc.		56,589		1,984,010
Walmart, Inc.		110,858		14,694,228
				40,744,990
Food Products - 0.9%
Archer-Daniels-Midland Co.		44,419		3,903,986
Campbell Soup Co.		15,971		804,619
Conagra Brands, Inc.		37,886		1,302,521
General Mills, Inc.		47,541		3,651,149
Hershey Co. (The)		11,530		2,590,445
Hormel Foods Corp.		22,406		1,126,574
J M Smucker Co. (The)		8,559		1,198,174
Kellogg Co.		19,991		1,454,145
Kraft Heinz Co. (The)		56,072		2,097,093
Lamb Weston Holdings, Inc.		11,412		907,596
McCormick & Co., Inc. (Non-Voting)		19,738		1,659,374
Mondelez International, Inc., Class A		109,228		6,756,844
Tyson Foods, Inc., Class A		22,994		1,733,288
				29,185,808
Gas Utilities - 0.0%(c)
Atmos Energy Corp.		10,988		1,245,819
Health Care Equipment & Supplies - 2.2%
Abbott Laboratories		138,261		14,192,492
ABIOMED, Inc.*		3,606		934,964
Align Technology, Inc.*		5,802		1,413,947
Baxter International, Inc.		39,762		2,284,724
Becton Dickinson and Co.		22,521		5,684,751
Boston Scientific Corp.*		112,892		4,550,677
Cooper Cos., Inc. (The)(b)		3,899		1,120,729
DENTSPLY SIRONA, Inc.		17,024		557,876
Dexcom, Inc.*		30,990		2,547,688
Edwards Lifesciences Corp.*		49,077		4,421,838
Hologic, Inc.*		19,674		1,329,175
IDEXX Laboratories, Inc.*		6,631		2,305,068
Intuitive Surgical, Inc.*		28,359		5,834,581
Medtronic plc		105,946		9,314,772
ResMed, Inc.		11,551		2,540,296
STERIS plc		7,921		1,595,131
Stryker Corp.		26,572		5,452,574
Teleflex, Inc.		3,708		838,972
Zimmer Biomet Holdings, Inc.		16,531		1,757,576
				68,677,831
Health Care Providers & Services - 2.9%
AmerisourceBergen Corp.		11,920		1,746,995
Cardinal Health, Inc.		21,532		1,522,743
Centene Corp.*		46,202		4,146,167
Cigna Corp.		25,026		7,093,620
CVS Health Corp.		103,527		10,161,175
DaVita, Inc.*		4,770		406,833
Elevance Health, Inc.		19,033		9,233,099
HCA Healthcare, Inc.		17,950		3,551,766
Henry Schein, Inc.*		10,915		801,270
Humana, Inc.		10,000		4,817,800
Laboratory Corp. of America Holdings		7,312		1,647,174
McKesson Corp.		11,476		4,211,692
Molina Healthcare, Inc.*		4,645		1,567,084
Quest Diagnostics, Inc.		9,270		1,161,624
UnitedHealth Group, Inc.		74,075		38,469,370
Universal Health Services, Inc., Class B		5,296		518,161
				91,056,573
Hotels, Restaurants & Leisure - 1.6%
Booking Holdings, Inc.*		3,205		6,011,971
Caesars Entertainment, Inc.*		16,925		729,806
Carnival Corp.*		77,075		729,130
Chipotle Mexican Grill, Inc.*		2,208		3,525,734
Darden Restaurants, Inc.		9,860		1,219,781
Domino's Pizza, Inc.		2,843		1,057,198
Expedia Group, Inc.*		11,982		1,229,952
Hilton Worldwide Holdings, Inc.		21,951		2,795,679
Las Vegas Sands Corp.*		27,140		1,021,278
Marriott International, Inc., Class A		21,702		3,336,465
McDonald's Corp.		58,381		14,728,359
MGM Resorts International		27,934		911,766
Norwegian Cruise Line Holdings Ltd.*(b)		33,084		432,739
Penn Entertainment, Inc.*		12,920		403,492
Royal Caribbean Cruises Ltd.*		17,697		722,922
Starbucks Corp.		90,559		7,613,295
Wynn Resorts Ltd.*		8,345		505,624
Yum! Brands, Inc.		22,529		2,506,126
				49,481,317
Household Durables - 0.3%
DR Horton, Inc.		25,279		1,798,601
Garmin Ltd.		12,059		1,067,101
Lennar Corp., Class A		20,455		1,584,240
Mohawk Industries, Inc.*		4,060		448,061
Newell Brands, Inc.		29,061		518,739
NVR, Inc.*		244		1,010,175
PulteGroup, Inc.		18,740		761,968
Whirlpool Corp.		4,435		694,521
				7,883,406
Household Products - 1.2%
Church & Dwight Co., Inc.		19,182		1,605,725
Clorox Co. (The)		9,713		1,401,974
Colgate-Palmolive Co.		66,164		5,174,687
Kimberly-Clark Corp.		26,607		3,392,925
Procter & Gamble Co. (The)		189,454		26,133,285
				37,708,596
Independent Power and Renewable Electricity Producers - 0.0%(c)
AES Corp. (The)		52,730		1,341,979
Industrial Conglomerates - 0.7%
3M Co.		44,942		5,588,537

Ultra S&P500^®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
General Electric Co.		86,920		6,383,405
Honeywell International, Inc.		53,742		10,176,048
				22,147,990
Insurance - 1.8%
Aflac, Inc.		46,808		2,781,331
Allstate Corp. (The)		21,706		2,615,573
American International Group, Inc.		62,554		3,237,170
Aon plc, Class A		16,754		4,678,722
Arthur J Gallagher & Co.		16,569		3,008,433
Assurant, Inc.		4,266		676,118
Brown & Brown, Inc.		18,496		1,165,988
Chubb Ltd.		33,453		6,324,290
Cincinnati Financial Corp.		11,769		1,141,122
Everest Re Group Ltd.		3,110		836,745
Globe Life, Inc.		7,171		696,949
Hartford Financial Services Group, Inc. (The)		25,967		1,669,938
Lincoln National Corp.		12,770		588,186
Loews Corp.		15,349		848,953
Marsh & McLennan Cos., Inc.		39,629		6,394,932
MetLife, Inc.		54,578		3,511,003
Principal Financial Group, Inc.		18,549		1,386,723
Progressive Corp. (The)		46,192		5,665,449
Prudential Financial, Inc.		29,604		2,834,583
Travelers Cos., Inc. (The)		18,929		3,059,684
W R Berkley Corp.		16,526		1,070,885
Willis Towers Watson plc		8,819		1,824,034
				56,016,811
Interactive Media & Services - 4.3%
Alphabet, Inc., Class A*		475,149		51,420,625
Alphabet, Inc., Class C*		435,364		47,519,981
Match Group, Inc.*		22,565		1,275,599
Meta Platforms, Inc., Class A*		181,118		29,509,556
Twitter, Inc.*		60,231		2,333,951
				132,059,712
Internet & Direct Marketing Retail - 2.9%
Amazon.com, Inc.*		690,894		87,584,632
eBay, Inc.		44,199		1,950,502
Etsy, Inc.*		10,033		1,059,585
				90,594,719
IT Services - 3.7%
Accenture plc, Class A		50,014		14,427,038
Akamai Technologies, Inc.*		12,658		1,142,764
Automatic Data Processing, Inc.		32,981		8,060,886
Broadridge Financial Solutions, Inc.		9,260		1,585,034
Cognizant Technology Solutions Corp., Class A		41,140		2,598,814
DXC Technology Co.*		19,325		478,874
EPAM Systems, Inc.*		4,511		1,923,942
Fidelity National Information Services, Inc.		48,219		4,405,770
Fiserv, Inc.*		45,938		4,648,466
FleetCor Technologies, Inc.*		6,118		1,300,259
Gartner, Inc.*		6,354		1,812,923
Global Payments, Inc.		22,227		2,761,260
International Business Machines Corp.		71,009		9,121,106
Jack Henry & Associates, Inc.		5,769		1,108,802
Mastercard, Inc., Class A		67,800		21,992,286
Paychex, Inc.		25,378		3,130,123
PayPal Holdings, Inc.*		91,434		8,543,593
VeriSign, Inc.*		7,522		1,370,659
Visa, Inc., Class A		129,944		25,821,172
				116,233,771
Leisure Products - 0.0%(c)
Hasbro, Inc.		10,351		815,866
Life Sciences Tools & Services - 1.6%
Agilent Technologies, Inc.		23,715		3,041,449
Bio-Rad Laboratories, Inc., Class A*		1,710		829,418
Bio-Techne Corp.		3,096		1,027,284
Charles River Laboratories International, Inc.*		4,008		822,642
Danaher Corp.		51,114		13,796,180
Illumina, Inc.*		12,399		2,500,134
IQVIA Holdings, Inc.*		14,961		3,181,606
Mettler-Toledo International, Inc.*		1,787		2,166,666
PerkinElmer, Inc.		9,972		1,346,818
Thermo Fisher Scientific, Inc.		30,900		16,850,388
Waters Corp.*		4,761		1,421,635
West Pharmaceutical Services, Inc.		5,838		1,732,076
				48,716,296
Machinery - 1.4%
Caterpillar, Inc.		42,103		7,776,845
Cummins, Inc.		11,139		2,399,006
Deere & Co.		22,022		8,043,536
Dover Corp.		11,368		1,420,545
Fortive Corp.		28,316		1,793,252
IDEX Corp.		6,006		1,208,467
Illinois Tool Works, Inc.		22,408		4,365,751
Ingersoll Rand, Inc.		32,051		1,518,256
Nordson Corp.		4,249		965,245
Otis Worldwide Corp.		33,383		2,410,920
PACCAR, Inc.		27,448		2,401,975
Parker-Hannifin Corp.		10,119		2,681,535
Pentair plc		13,071		581,660
Snap-on, Inc.		4,209		916,973
Stanley Black & Decker, Inc.		11,932		1,051,209
Westinghouse Air Brake Technologies Corp.		14,415		1,263,475
Xylem, Inc.		14,229		1,296,262
				42,094,912
Media - 0.7%
Charter Communications, Inc., Class A*		9,132		3,768,137
Comcast Corp., Class A		352,988		12,774,636
DISH Network Corp., Class A*(b)		19,797		343,478
Fox Corp., Class A		24,627		841,751
Fox Corp., Class B		11,426		361,290
Interpublic Group of Cos., Inc. (The)		31,093		859,410
News Corp., Class A		30,667		518,886
News Corp., Class B		9,501		163,797
Omnicom Group, Inc.		16,252		1,087,259
Paramount Global, Class B(b)		48,046		1,123,796
				21,842,440
Metals & Mining - 0.3%
Freeport-McMoRan, Inc.		114,415		3,386,684
Newmont Corp.		62,683		2,592,569
Nucor Corp.		20,991		2,790,543
				8,769,796
Multiline Retail - 0.4%
Dollar General Corp.		18,077		4,291,841
Dollar Tree, Inc.*		17,760		2,409,677

Ultra S&P500^®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Target Corp.		36,514		5,854,655
				12,556,173
Multi-Utilities - 0.8%
Ameren Corp.		20,422		1,891,486
CenterPoint Energy, Inc.		49,689		1,566,694
CMS Energy Corp.		22,884		1,545,585
Consolidated Edison, Inc.		27,973		2,734,081
Dominion Energy, Inc.		64,060		5,240,108
DTE Energy Co.		15,296		1,993,681
NiSource, Inc.		32,040		945,500
Public Service Enterprise Group, Inc.		39,432		2,537,844
Sempra Energy		24,826		4,095,545
WEC Energy Group, Inc.		24,910		2,569,217
				25,119,741
Oil, Gas & Consumable Fuels - 3.7%
APA Corp.		26,720		1,045,019
Chevron Corp.		155,134		24,520,480
ConocoPhillips		102,109		11,175,830
Coterra Energy, Inc.(b)		63,631		1,966,834
Devon Energy Corp.		48,454		3,421,821
Diamondback Energy, Inc.		13,161		1,754,098
EOG Resources, Inc.		46,223		5,606,850
Exxon Mobil Corp.		332,662		31,799,161
Hess Corp.		21,850		2,639,043
Kinder Morgan, Inc.		153,964		2,820,621
Marathon Oil Corp.		55,869		1,429,688
Marathon Petroleum Corp.		42,734		4,305,451
Occidental Petroleum Corp.(b)		70,296		4,991,016
ONEOK, Inc.		35,267		2,159,398
Phillips 66		37,988		3,398,406
Pioneer Natural Resources Co.		17,752		4,495,161
Valero Energy Corp.		32,216		3,773,138
Williams Cos., Inc. (The)		96,161		3,272,359
				114,574,374
Personal Products - 0.1%
Estee Lauder Cos., Inc. (The), Class A		18,327		4,662,022
Pharmaceuticals - 3.5%
Bristol-Myers Squibb Co.		168,122		11,333,104
Catalent, Inc.*		14,151		1,245,288
Eli Lilly & Co.		62,273		18,758,496
Johnson & Johnson		207,760		33,519,998
Merck & Co., Inc.		199,670		17,043,831
Organon & Co.		20,012		570,942
Pfizer, Inc.		443,022		20,037,885
Viatris, Inc.		95,736		914,279
Zoetis, Inc.		37,156		5,816,029
				109,239,852
Professional Services - 0.3%
Equifax, Inc.		9,654		1,822,193
Jacobs Solutions, Inc.		10,140		1,263,241
Leidos Holdings, Inc.		10,784		1,025,019
Nielsen Holdings plc		28,395		790,517
Robert Half International, Inc.		8,721		671,255
Verisk Analytics, Inc.		12,455		2,331,078
				7,903,303
Real Estate Management & Development - 0.1%
CBRE Group, Inc., Class A*		25,823		2,038,984
Road & Rail - 0.8%
CSX Corp.		171,684		5,433,799
JB Hunt Transport Services, Inc.		6,615		1,151,142
Norfolk Southern Corp.		18,802		4,571,330
Old Dominion Freight Line, Inc.		7,245		1,966,366
Union Pacific Corp.		49,575		11,130,083
				24,252,720
Semiconductors & Semiconductor Equipment - 4.3%
Advanced Micro Devices, Inc.*		127,952		10,859,245
Analog Devices, Inc.		41,333		6,263,190
Applied Materials, Inc.		69,700		6,556,679
Broadcom, Inc.		32,247		16,094,800
Enphase Energy, Inc.*		10,655		3,052,018
Intel Corp.		322,923		10,307,702
KLA Corp.		11,776		4,052,475
Lam Research Corp.		10,968		4,802,997
Microchip Technology, Inc.		43,913		2,865,323
Micron Technology, Inc.		88,181		4,984,872
Monolithic Power Systems, Inc.		3,460		1,568,003
NVIDIA Corp.		197,715		29,843,102
NXP Semiconductors NV		20,714		3,409,110
ON Semiconductor Corp.*		34,316		2,359,911
Qorvo, Inc.*		8,559		768,427
QUALCOMM, Inc.		88,432		11,696,901
Skyworks Solutions, Inc.		12,711		1,252,669
SolarEdge Technologies, Inc.*		4,370		1,205,989
Teradyne, Inc.		12,650		1,070,696
Texas Instruments, Inc.		72,807		12,028,444
				135,042,553
Software - 7.5%
Adobe, Inc.*		37,312		13,933,793
ANSYS, Inc.*		6,874		1,706,814
Autodesk, Inc.*		17,196		3,469,121
Cadence Design Systems, Inc.*		21,753		3,780,019
Ceridian HCM Holding, Inc.*		10,862		647,810
Citrix Systems, Inc.		9,859		1,013,209
Fortinet, Inc.*		52,517		2,557,053
Intuit, Inc.		22,358		9,653,737
Microsoft Corp.		590,519		154,403,003
NortonLifeLock, Inc.		45,970		1,038,462
Oracle Corp.		124,283		9,215,584
Paycom Software, Inc.*		3,802		1,335,262
PTC, Inc.*		8,320		955,885
Roper Technologies, Inc.		8,356		3,363,959
Salesforce, Inc.*		78,439		12,245,897
ServiceNow, Inc.*		15,825		6,877,862
Synopsys, Inc.*		12,098		4,186,150
Tyler Technologies, Inc.*		3,274		1,216,324
				231,599,944
Specialty Retail - 1.8%
Advance Auto Parts, Inc.		4,812		811,496
AutoZone, Inc.*		1,585		3,358,948
Bath & Body Works, Inc.		18,816		702,401
Best Buy Co., Inc.		16,004		1,131,323
CarMax, Inc.*		12,683		1,121,685
Home Depot, Inc. (The)		81,591		23,532,476
Lowe's Cos., Inc.		52,185		10,131,196
O'Reilly Automotive, Inc.*		5,188		3,616,659
Ross Stores, Inc.		27,750		2,393,992
TJX Cos., Inc. (The)		92,743		5,782,526
Tractor Supply Co.		8,850		1,638,577
Ulta Beauty, Inc.*		4,120		1,729,864
				55,951,143
Technology Hardware, Storage & Peripherals - 6.4%
Apple, Inc.		1,213,881		190,846,371

Ultra S&P500^®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Hewlett Packard Enterprise Co.		102,676		1,396,394
HP, Inc.		83,137		2,386,863
NetApp, Inc.		17,553		1,266,098
Seagate Technology Holdings plc(b)		15,593		1,044,107
Western Digital Corp.*		24,742		1,045,597
				197,985,430
Textiles, Apparel & Luxury Goods - 0.4%
NIKE, Inc., Class B		100,168		10,662,884
PVH Corp.		5,326		299,587
Ralph Lauren Corp.		3,673		335,455
Tapestry, Inc.		19,860		689,738
VF Corp.		25,486		1,056,395
				13,044,059
Tobacco - 0.6%
Altria Group, Inc.		142,956		6,450,175
Philip Morris International, Inc.		122,374		11,685,493
				18,135,668
Trading Companies & Distributors - 0.2%
Fastenal Co.		45,422		2,286,089
United Rentals, Inc.*(b)		5,660		1,652,946
WW Grainger, Inc.		3,387		1,879,582
				5,818,617
Water Utilities - 0.1%
American Water Works Co., Inc.		14,337		2,128,328
Wireless Telecommunication Services - 0.2%
T-Mobile US, Inc.*		46,511		6,695,724
TOTAL COMMON STOCKS (Cost $3,158,511,550)				2,631,732,672
SECURITIES LENDING REINVESTMENTS(d) - 0.0%(c)
INVESTMENT COMPANIES - 0.0%(c)
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $567,000)		567,000		567,000

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 36.1%
REPURCHASE AGREEMENTS(e) - 10.4%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $321,866,607
(Cost $321,846,926)		321,846,926		321,846,926
U.S. TREASURY OBLIGATIONS - 25.7%
U.S. Treasury Bills
1.35%, 9/8/2022(b)(f)		50,000,000		49,980,215
1.53%, 9/15/2022(f)		50,000,000		49,958,389
1.82%, 9/22/2022(f)		275,000,000		274,671,147
1.68%, 9/29/2022(f)		100,000,000		99,834,644
2.49%, 11/10/2022(f)		130,000,000		129,342,988
2.64%, 11/17/2022(f)		50,000,000		49,713,924
2.64%, 12/1/2022(f)		100,000,000		99,275,602
0.69%, 12/29/2022(f)		45,000,000		44,555,609
TOTAL U.S. TREASURY OBLIGATIONS (Cost $797,867,588)				797,332,518
TOTAL SHORT-TERM INVESTMENTS (Cost $1,119,714,514)				1,119,179,444
Total Investments - 120.9%  (Cost $4,278,793,064)				3,751,479,116
Liabilities in excess of other assets - (20.9%)				(647,317,478	)
Net Assets - 100.0%				3,104,161,638

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,809,421,741.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $2,989,719, collateralized in the form of cash with a value of $567,000 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $2,504,803 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from November 30, 2022 – May 15, 2051. The total value of collateral is $3,071,803.
(c)	Represents less than 0.05% of net assets.
(d)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $567,000.
(e)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(f)	The rate shown was the current yield as of August 31, 2022.

Ultra S&P500^®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Futures Contracts Purchased

Ultra S&P500^® had the following open long futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P 500 E-Mini Index	499	9/16/2022	USD	$	98,714,675	$	6,593,628

Swap Agreements

Ultra S&P500^® had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
	323,040,445	5/8/2023	Bank of America NA		2.68	%	S&P 500®		(50,793,843	)
	389,796,890	5/8/2023	BNP Paribas SA		2.93	%	S&P 500®		(155,070,850	)
	421,523,900	4/10/2023	Citibank NA		2.99	%	S&P 500®		(89,006,278	)
	407,467,830	4/10/2023	Credit Suisse International		2.93	%	S&P 500®		(59,078,720	)
	141,201,410	4/8/2024	Goldman Sachs International		2.93	%	S&P 500®		(2,376,805	)
	530,553,478	3/7/2023	Goldman Sachs International		2.84	%	SPDR® S&P 500® ETF Trust		(126,777,997	)
	364,010,290	5/8/2023	J.P. Morgan Securities		2.73	%	S&P 500®		(77,612,958	)
	234,760,890	4/10/2023	Morgan Stanley & Co. International plc		2.88	%	S&P 500®		(43,905,836	)
	322,383,915	11/6/2023	Societe Generale		2.83	%	S&P 500®		(39,919,292	)
	342,447,630	3/7/2023	UBS AG		2.83	%	S&P 500®		(98,993,642	)
	3,477,186,678								(743,536,221	)
							Total Unrealized Depreciation		(743,536,221	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra Semiconductors
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 97.4%
Semiconductors & Semiconductor Equipment - 97.4%
Advanced Micro Devices, Inc.*		131,968		11,200,124
Allegro MicroSystems, Inc.*		4,488		104,660
Amkor Technology, Inc.		8,180		164,663
Analog Devices, Inc.		42,620		6,458,209
Applied Materials, Inc.		71,952		6,768,525
Broadcom, Inc.		33,254		16,597,404
Cirrus Logic, Inc.*		4,665		357,759
Enphase Energy, Inc.*		10,997		3,149,981
Entegris, Inc.		12,114		1,149,376
GLOBALFOUNDRIES, Inc.*(b)		4,335		259,320
Intel Corp.		333,028		10,630,254
KLA Corp.		12,151		4,181,524
Lam Research Corp.		11,292		4,944,880
Lattice Semiconductor Corp.*		11,209		604,165
Marvell Technology, Inc.		69,265		3,242,987
Microchip Technology, Inc.		45,285		2,954,846
Micron Technology, Inc.		90,947		5,141,234
MKS Instruments, Inc.		4,534		451,632
Monolithic Power Systems, Inc.		3,570		1,617,853
NVIDIA Corp.		203,940		30,782,703
NXP Semiconductors NV		21,382		3,519,049
ON Semiconductor Corp.*		35,387		2,433,564
Power Integrations, Inc.		4,753		339,982
Qorvo, Inc.*		8,827		792,488
QUALCOMM, Inc.		91,219		12,065,537
Semtech Corp.*		5,170		238,802
Silicon Laboratories, Inc.*		2,981		373,609
Skyworks Solutions, Inc.		13,106		1,291,596
SolarEdge Technologies, Inc.*		4,512		1,245,177
Teradyne, Inc.		13,048		1,104,383
Texas Instruments, Inc.		75,102		12,407,601
Universal Display Corp.		3,538		395,301
Wolfspeed, Inc.*(b)		10,067		1,142,302
TOTAL COMMON STOCKS (Cost $183,264,008)				148,111,490
SECURITIES LENDING REINVESTMENTS(c) - 0.1%
INVESTMENT COMPANIES - 0.1%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $205,875)		205,875		205,875

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 10.1%
REPURCHASE AGREEMENTS(d) - 10.1%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $15,310,909
(Cost $15,309,971)		15,309,971		15,309,971
Total Investments - 107.6%  (Cost $198,779,854)				163,627,336
Liabilities in excess of other assets - (7.6%)				(11,571,453	)
Net Assets - 100.0%				152,055,883

Ultra Semiconductors
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $53,063,831.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $201,926, collateralized in the form of cash with a value of $205,875 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $5,046 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 3.75%, and maturity dates ranging from December 15, 2022 – February 15, 2049. The total value of collateral is $210,921.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $205,875.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Semiconductors had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
33,736,102	5/8/2023	Bank of America NA		2.73	%	Dow Jones U.S. SemiconductorsSM Indexc		(12,238,193	)
25,920,101	11/6/2023	BNP Paribas SA		2.83	%	Dow Jones U.S. SemiconductorsSM Indexc		(4,261,160	)
5,651,381	11/7/2022	Goldman Sachs International		2.93	%	Dow Jones U.S. SemiconductorsSM Indexc		13,674,947
3,984,870	11/6/2023	J.P. Morgan Securities		2.78	%	Dow Jones U.S. SemiconductorsSM Indexc		(5,017,878	)
56,790,540	11/7/2022	Morgan Stanley & Co. International plc		2.93	%	Dow Jones U.S. SemiconductorsSM Indexc		(1,470,926	)
14,291,415	4/10/2023	Societe Generale		2.98	%	Dow Jones U.S. SemiconductorsSM Indexc		(1,228,031	)
15,515,163	3/7/2023	UBS AG		2.68	%	Dow Jones U.S. SemiconductorsSM Indexc		(86,731,493	)
155,889,572								(97,272,734	)
						Total Unrealized Appreciation		13,674,947
						Total Unrealized Depreciation		(110,947,681	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 82.9%
Aerospace & Defense - 1.0%
AAR Corp.*		989		42,408
Aerojet Rocketdyne Holdings, Inc.*		2,239		96,434
AeroVironment, Inc.*		693		61,434
Kaman Corp.		834		26,454
Moog, Inc., Class A		868		65,083
National Presto Industries, Inc.		153		10,438
Park Aerospace Corp.		580		6,676
Triumph Group, Inc.*		1,934		25,123
				334,050
Air Freight & Logistics - 0.7%
Atlas Air Worldwide Holdings, Inc.*		784		78,337
Forward Air Corp.		804		78,020
Hub Group, Inc., Class A*		1,017		81,167
				237,524
Airlines - 0.4%
Allegiant Travel Co.*		457		44,100
Hawaiian Holdings, Inc.*		1,534		22,995
SkyWest, Inc.*		1,510		32,148
Sun Country Airlines Holdings, Inc.*		897		17,868
				117,111
Auto Components - 1.1%
American Axle & Manufacturing Holdings, Inc.*		3,424		35,438
Dorman Products, Inc.*		847		76,781
Gentherm, Inc.*		990		59,301
LCI Industries		760		88,061
Motorcar Parts of America, Inc.*		572		8,500
Patrick Industries, Inc.(b)		653		34,590
Standard Motor Products, Inc.		569		20,882
XPEL, Inc.*(c)		494		33,854
				357,407
Automobiles - 0.2%
Winnebago Industries, Inc.(b)		980		56,428
Banks - 8.7%
Allegiance Bancshares, Inc.		567		24,018
Ameris Bancorp		1,973		92,100
Banc of California, Inc.		1,585		26,755
BancFirst Corp.(b)		569		61,372
Bancorp, Inc. (The)*		1,692		40,134
BankUnited, Inc.		2,446		90,624
Banner Corp.		1,027		62,400
Berkshire Hills Bancorp, Inc.		1,416		39,945
Brookline Bancorp, Inc.		2,317		28,893
Central Pacific Financial Corp.		824		17,955
City Holding Co.		446		37,914
Columbia Banking System, Inc.		2,327		69,694
Community Bank System, Inc.		1,610		105,262
Customers Bancorp, Inc.*		906		31,429
CVB Financial Corp.(b)		3,964		104,015
Dime Community Bancshares, Inc.		961		30,041
Eagle Bancorp, Inc.		958		46,492
FB Financial Corp.		1,057		41,878
First Bancorp		1,033		37,612
First Bancorp		5,907		84,470
First Commonwealth Financial Corp.		2,819		38,000
First Financial Bancorp		2,823		60,920
First Hawaiian, Inc.		3,829		98,444
Hanmi Financial Corp.		910		22,495
Heritage Financial Corp.		1,048		27,237
Hilltop Holdings, Inc.		1,485		39,204
HomeStreet, Inc.		559		19,459
Hope Bancorp, Inc.		3,599		52,078
Independent Bank Corp.		1,398		109,366
Independent Bank Group, Inc.		1,086		73,153
Lakeland Financial Corp.		758		57,108
National Bank Holdings Corp., Class A		898		36,037
NBT Bancorp, Inc.		1,281		49,677
Northwest Bancshares, Inc.		3,788		53,297
OFG Bancorp		1,453		39,522
Pacific Premier Bancorp, Inc.		2,839		93,006
Park National Corp.		432		56,951
Pathward Financial, Inc.		877		28,906
Preferred Bank		407		27,611
Renasant Corp.		1,672		55,744
S&T Bancorp, Inc.		1,175		34,827
Seacoast Banking Corp. of Florida		1,830		59,146
ServisFirst Bancshares, Inc.		1,460		123,166
Simmons First National Corp., Class A		3,789		89,382
Southside Bancshares, Inc.		959		36,135
Tompkins Financial Corp.		350		25,074
Triumph Bancorp, Inc.*(b)		706		43,708
Trustmark Corp.		1,839		58,002
United Community Banks, Inc.		3,137		105,184
Veritex Holdings, Inc.		1,611		48,507
Westamerica Bancorp		805		45,040
				2,779,389
Beverages - 0.2%
MGP Ingredients, Inc.		374		40,938
National Beverage Corp.		696		38,600
				79,538
Biotechnology - 2.3%
Anika Therapeutics, Inc.*		434		9,808
Arcus Biosciences, Inc.*		1,393		33,543
Avid Bioservices, Inc.*(b)		1,846		31,788
Coherus Biosciences, Inc.*		1,921		21,477
Cytokinetics, Inc.*		2,559		135,525
Dynavax Technologies Corp.*		3,510		40,260
Eagle Pharmaceuticals, Inc.*		336		11,011
Emergent BioSolutions, Inc.*		1,337		32,115
Enanta Pharmaceuticals, Inc.*		552		33,606
Ironwood Pharmaceuticals, Inc.*		4,599		49,485
iTeos Therapeutics, Inc.*		607		13,463
Ligand Pharmaceuticals, Inc.*		504		46,565
Myriad Genetics, Inc.*		2,402		53,661
Organogenesis Holdings, Inc.*		1,897		6,810
REGENXBIO, Inc.*		1,135		33,482
uniQure NV*		1,088		21,260
Vanda Pharmaceuticals, Inc.*		1,690		17,880
Vericel Corp.*		1,411		35,204
Vir Biotechnology, Inc.*		2,216		52,630
Xencor, Inc.*		1,779		46,948
				726,521
Building Products - 1.6%
AAON, Inc.		1,255		72,137
American Woodmark Corp.*		494		25,604
Apogee Enterprises, Inc.		663		27,077

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares	Value ($)
Gibraltar Industries, Inc.*	981	41,055
Griffon Corp.	1,431	44,862
Insteel Industries, Inc.	581	16,791
PGT Innovations, Inc.*	1,791	37,468
Quanex Building Products Corp.	998	22,255
Resideo Technologies, Inc.*	4,348	90,525
UFP Industries, Inc.	1,874	148,777
		526,551
Capital Markets - 0.8%
B Riley Financial, Inc.	483	24,039
Blucora, Inc.*	1,414	28,393
Brightsphere Investment Group, Inc.	966	16,509
Donnelley Financial Solutions, Inc.*	834	35,403
Piper Sandler Cos.	424	48,578
StoneX Group, Inc.*	512	47,534
Virtus Investment Partners, Inc.	209	39,971
WisdomTree Investments, Inc.	3,290	16,483
		256,910
Chemicals - 2.5%
AdvanSix, Inc.	839	30,422
American Vanguard Corp.	803	16,004
Balchem Corp.	959	126,415
FutureFuel Corp.	776	5,657
GCP Applied Technologies, Inc.*	1,612	50,649
Hawkins, Inc.	562	21,536
HB Fuller Co.	1,587	102,933
Innospec, Inc.	741	69,254
Koppers Holdings, Inc.	632	14,429
Livent Corp.*	4,836	155,622
Mativ Holdings, Inc.	1,625	38,383
Quaker Chemical Corp.	401	69,902
Rayonier Advanced Materials, Inc.*	1,912	8,642
Stepan Co.	635	66,186
Tredegar Corp.	771	7,872
Trinseo plc	1,081	28,679
		812,585
Commercial Services & Supplies - 1.7%
ABM Industries, Inc.	1,998	92,707
Brady Corp., Class A	1,436	66,831
CoreCivic, Inc., REIT*	3,637	34,661
Deluxe Corp.	1,285	24,723
GEO Group, Inc. (The)*	3,712	30,364
Harsco Corp.*	2,376	13,472
Healthcare Services Group, Inc.	2,214	31,151
HNI Corp.	1,268	40,576
Interface, Inc.	1,778	19,860
KAR Auction Services, Inc.*	3,633	53,042
Matthews International Corp., Class A	937	23,434
Pitney Bowes, Inc.	4,877	14,095
UniFirst Corp.	453	81,658
Viad Corp.*	615	23,481
		550,055
Communications Equipment - 1.3%
ADTRAN Holdings, Inc.	2,305	53,568
CalAmp Corp.*(b)	1,082	6,687
Clearfield, Inc.*	342	39,709
Comtech Telecommunications Corp.	792	8,942
Digi International, Inc.*	1,048	34,699
Extreme Networks, Inc.*	3,911	56,045
Harmonic, Inc.*	3,124	35,176
NETGEAR, Inc.*	861	20,311
NetScout Systems, Inc.*	2,208	70,082
Viavi Solutions, Inc.*	6,812	95,913
		421,132
Construction & Engineering - 1.0%
Arcosa, Inc.	1,443	84,343
Comfort Systems USA, Inc.	1,076	107,966
Granite Construction, Inc.(b)	1,355	40,623
MYR Group, Inc.*	508	47,213
NV5 Global, Inc.*	355	49,970
		330,115
Consumer Finance - 0.7%
Encore Capital Group, Inc.*	727	39,752
Enova International, Inc.*	973	33,997
EZCORP, Inc., Class A*(b)	1,605	14,044
Green Dot Corp., Class A*	1,621	32,890
LendingTree, Inc.*	330	10,062
PRA Group, Inc.*	1,191	43,995
PROG Holdings, Inc.*	1,614	29,923
World Acceptance Corp.*	111	12,903
		217,566
Containers & Packaging - 0.3%
Myers Industries, Inc.	1,088	21,020
O-I Glass, Inc.*	4,672	60,783
		81,803
Diversified Consumer Services - 0.8%
Adtalem Global Education, Inc.*	1,350	50,881
American Public Education, Inc.*	564	5,826
Frontdoor, Inc.*	2,471	58,019
Perdoceo Education Corp.*	2,058	23,832
Strategic Education, Inc.	687	44,449
Stride, Inc.*	1,278	48,743
WW International, Inc.*	1,600	8,352
		240,102
Diversified Telecommunication Services - 0.3%
ATN International, Inc.	327	15,320
Cogent Communications Holdings, Inc.	1,277	68,000
Consolidated Communications Holdings, Inc.*	2,177	12,496
		95,816
Electrical Equipment - 0.4%
AZZ, Inc.	738	31,446
Encore Wire Corp.	591	76,889
Powell Industries, Inc.	271	6,683
		115,018
Electronic Equipment, Instruments & Components - 3.5%
Advanced Energy Industries, Inc.	1,123	100,834
Arlo Technologies, Inc.*	2,598	15,822
Badger Meter, Inc.	876	82,948
Benchmark Electronics, Inc.	1,049	28,795
CTS Corp.	958	40,543
ePlus, Inc.*	805	37,932
Fabrinet*	1,099	113,021
FARO Technologies, Inc.*	547	18,352
Insight Enterprises, Inc.*	1,047	95,403
Itron, Inc.*	1,348	64,138
Knowles Corp.*	2,744	41,572
Methode Electronics, Inc.	1,104	44,668
OSI Systems, Inc.*	474	39,494
PC Connection, Inc.	331	16,444

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares	Value ($)
Plexus Corp.*	828	77,608
Rogers Corp.*	560	140,291
Sanmina Corp.*	1,820	88,306
ScanSource, Inc.*	753	21,814
TTM Technologies, Inc.*	3,021	47,520
		1,115,505
Energy Equipment & Services - 1.6%
Archrock, Inc.	4,040	29,856
Bristow Group, Inc.*	694	20,133
Core Laboratories NV	1,385	22,368
DMC Global, Inc.*	583	13,012
Dril-Quip, Inc.*	1,031	22,816
Helix Energy Solutions Group, Inc.*	4,266	18,429
Helmerich & Payne, Inc.	3,147	134,534
Nabors Industries Ltd.*	265	35,115
Oceaneering International, Inc.*	2,997	26,523
Oil States International, Inc.*(b)	1,854	9,085
Patterson-UTI Energy, Inc.	6,467	96,358
ProPetro Holding Corp.*	2,556	23,413
RPC, Inc.	2,107	16,751
US Silica Holdings, Inc.*	2,256	31,652
		500,045
Entertainment - 0.2%
Cinemark Holdings, Inc.*(b)	3,204	45,113
Marcus Corp. (The)	658	10,587
		55,700
Equity Real Estate Investment Trusts (REITs) - 5.9%
Acadia Realty Trust	2,838	45,209
Agree Realty Corp.(b)	2,249	169,395
Alexander & Baldwin, Inc.	2,173	40,700
American Assets Trust, Inc.	1,572	43,639
Armada Hoffler Properties, Inc.	2,026	26,601
Brandywine Realty Trust	5,128	41,178
CareTrust REIT, Inc.	2,901	62,488
Centerspace	461	34,750
Chatham Lodging Trust*	1,459	17,741
Community Healthcare Trust, Inc.	704	25,971
DiamondRock Hospitality Co.*	6,305	55,043
Diversified Healthcare Trust	7,153	10,443
Easterly Government Properties, Inc.	2,715	48,734
Essential Properties Realty Trust, Inc.	4,148	93,911
Four Corners Property Trust, Inc.	2,403	64,617
Franklin Street Properties Corp.	2,779	7,809
Getty Realty Corp.	1,215	36,547
Global Net Lease, Inc.	3,097	42,646
Hersha Hospitality Trust*	991	9,613
Industrial Logistics Properties Trust	1,956	14,650
Innovative Industrial Properties, Inc.	834	76,495
iStar, Inc.	2,477	34,108
LTC Properties, Inc.	1,179	52,925
LXP Industrial Trust(b)	8,570	86,214
NexPoint Residential Trust, Inc.	693	36,604
Office Properties Income Trust	1,448	25,441
Orion Office REIT, Inc.	1,694	16,720
Retail Opportunity Investments Corp.	3,713	62,193
RPT Realty	2,546	24,518
Safehold, Inc.	464	17,646
Saul Centers, Inc.	393	17,406
Service Properties Trust	4,937	33,769
SITE Centers Corp.	5,434	70,425
Summit Hotel Properties, Inc.	3,204	25,183
Sunstone Hotel Investors, Inc.*	6,435	70,077
Tanger Factory Outlet Centers, Inc.(b)	3,122	48,141
Uniti Group, Inc.	7,088	66,556
Universal Health Realty Income Trust	383	19,491
Urban Edge Properties	3,300	51,909
Urstadt Biddle Properties, Inc., Class A	902	15,081
Veris Residential, Inc.*	2,395	32,189
Washington REIT	2,614	51,261
Whitestone REIT	1,381	13,589
Xenia Hotels & Resorts, Inc.*	3,418	54,210
		1,893,836
Food & Staples Retailing - 0.7%
Andersons, Inc. (The)	941	34,845
Chefs' Warehouse, Inc. (The)*	983	32,773
PriceSmart, Inc.	722	45,681
SpartanNash Co.	1,081	32,895
United Natural Foods, Inc.*	1,741	76,744
		222,938
Food Products - 1.6%
B&G Foods, Inc.(b)	2,059	44,598
Calavo Growers, Inc.	529	22,239
Cal-Maine Foods, Inc.	1,123	60,204
Fresh Del Monte Produce, Inc.(b)	1,001	27,367
Hostess Brands, Inc.*	4,136	95,873
J & J Snack Foods Corp.	446	66,467
John B Sanfilippo & Son, Inc.	267	21,555
Seneca Foods Corp., Class A*	182	9,615
Simply Good Foods Co. (The)*	2,644	80,774
Tootsie Roll Industries, Inc.	532	19,062
TreeHouse Foods, Inc.*	1,676	78,102
		525,856
Gas Utilities - 0.7%
Chesapeake Utilities Corp.	529	66,813
Northwest Natural Holding Co.	1,024	48,752
South Jersey Industries, Inc.	3,661	123,925
		239,490
Health Care Equipment & Supplies - 2.8%
AngioDynamics, Inc.*	1,159	25,660
Artivion, Inc.*	1,201	26,614
Avanos Medical, Inc.*	1,416	34,876
BioLife Solutions, Inc.*	912	21,532
Cardiovascular Systems, Inc.*	1,220	16,116
CONMED Corp.	882	78,119
Cutera, Inc.*	493	23,541
Embecta Corp.	1,729	55,190
Glaukos Corp.*	1,417	68,795
Heska Corp.*	323	29,416
Inogen, Inc.*	614	17,579
Integer Holdings Corp.*	990	62,439
Lantheus Holdings, Inc.*	2,051	161,619
LeMaitre Vascular, Inc.	578	28,542
Meridian Bioscience, Inc.*	1,302	42,432
Merit Medical Systems, Inc.*	1,524	90,267
Mesa Laboratories, Inc.	157	26,825
OraSure Technologies, Inc.*	2,171	8,879
Orthofix Medical, Inc.*	596	11,860
Surmodics, Inc.*	419	14,116

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares	Value ($)
Varex Imaging Corp.*	1,192	25,139
Zimvie, Inc.*	622	9,467
Zynex, Inc.	666	5,954
		884,977
Health Care Providers & Services - 3.0%
AdaptHealth Corp.*	2,931	52,670
Addus HomeCare Corp.*	479	42,736
AMN Healthcare Services, Inc.*(b)	1,337	137,230
Apollo Medical Holdings, Inc.*(b)	1,139	49,125
Community Health Systems, Inc.*	3,789	10,079
CorVel Corp.*	278	43,196
Covetrus, Inc.*	3,125	65,219
Cross Country Healthcare, Inc.*	1,061	26,928
Enhabit, Inc.*	1,506	25,000
Ensign Group, Inc. (The)	1,575	134,347
Fulgent Genetics, Inc.*	590	25,647
Hanger, Inc.*	1,110	20,679
Joint Corp. (The)*	432	7,880
ModivCare, Inc.*	370	40,078
Owens & Minor, Inc.	2,276	67,165
Pediatrix Medical Group, Inc.*	2,576	45,904
Pennant Group, Inc. (The)*	812	12,724
RadNet, Inc.*	1,395	28,026
Select Medical Holdings Corp.	3,084	79,074
US Physical Therapy, Inc.	389	32,135
		945,842
Health Care Technology - 0.5%
Allscripts Healthcare Solutions, Inc.*	3,469	58,973
Computer Programs and Systems, Inc.*	440	13,424
HealthStream, Inc.*	728	16,111
NextGen Healthcare, Inc.*	1,680	28,795
OptimizeRx Corp.*	544	8,633
Simulations Plus, Inc.	472	28,344
		154,280
Hotels, Restaurants & Leisure - 1.5%
BJ's Restaurants, Inc.*	699	17,531
Bloomin' Brands, Inc.	2,412	48,771
Brinker International, Inc.*	1,311	32,133
Cheesecake Factory, Inc. (The)	1,466	44,889
Chuy's Holdings, Inc.*	566	12,639
Dave & Buster's Entertainment, Inc.*	1,164	48,120
Dine Brands Global, Inc.	501	33,366
El Pollo Loco Holdings, Inc.*	584	5,285
Golden Entertainment, Inc.*	608	23,262
Jack in the Box, Inc.	630	50,312
Monarch Casino & Resort, Inc.*	395	23,854
Ruth's Hospitality Group, Inc.	937	17,072
Shake Shack, Inc., Class A*	1,172	55,857
Six Flags Entertainment Corp.*	2,326	51,521
		464,612
Household Durables - 2.1%
Cavco Industries, Inc.*	255	59,673
Century Communities, Inc.	867	40,480
Ethan Allen Interiors, Inc.	658	15,641
Green Brick Partners, Inc.*	1,375	33,495
Installed Building Products, Inc.	692	62,667
iRobot Corp.*(b)	812	47,811
La-Z-Boy, Inc.	1,293	34,122
LGI Homes, Inc.*(b)	621	58,939
M/I Homes, Inc.*	846	36,581
MDC Holdings, Inc.	1,702	52,898
Meritage Homes Corp.*	1,097	85,950
Sonos, Inc.*	3,823	57,498
Tri Pointe Homes, Inc.*	3,092	53,584
Tupperware Brands Corp.*	1,372	15,421
Universal Electronics, Inc.*	377	8,381
		663,141
Household Products - 0.4%
Central Garden & Pet Co.*	292	11,657
Central Garden & Pet Co., Class A*	1,184	44,708
WD-40 Co.	408	77,177
		133,542
Insurance - 2.2%
Ambac Financial Group, Inc.*	1,347	20,326
American Equity Investment Life Holding Co.	2,311	87,818
AMERISAFE, Inc.	578	27,640
Assured Guaranty Ltd.	1,914	97,748
eHealth, Inc.*	726	4,646
Employers Holdings, Inc.	829	32,464
Genworth Financial, Inc., Class A*	15,265	64,418
HCI Group, Inc.	234	11,183
Horace Mann Educators Corp.	1,238	44,283
James River Group Holdings Ltd.	1,121	26,635
Palomar Holdings, Inc.*	717	56,851
ProAssurance Corp.	1,614	34,524
Safety Insurance Group, Inc.	420	37,821
Selectquote, Inc.*	3,740	4,151
SiriusPoint Ltd.*	2,590	11,577
Stewart Information Services Corp.	809	40,968
Trupanion, Inc.*	1,034	72,980
United Fire Group, Inc.	647	19,041
Universal Insurance Holdings, Inc.	832	9,934
		705,008
Interactive Media & Services - 0.5%
Cars.com, Inc.*	1,955	24,926
QuinStreet, Inc.*	1,508	18,111
Shutterstock, Inc.	693	38,399
Yelp, Inc.*	1,991	68,033
		149,469
Internet & Direct Marketing Retail - 0.1%
Liquidity Services, Inc.*	797	13,939
PetMed Express, Inc.	628	12,918
		26,857
IT Services - 1.3%
CSG Systems International, Inc.	931	53,858
EVERTEC, Inc.	1,947	65,419
ExlService Holdings, Inc.*	995	166,872
Perficient, Inc.*	1,036	80,912
TTEC Holdings, Inc.	549	28,740
Unisys Corp.*	2,023	18,834
		414,635
Leisure Products - 0.2%
Sturm Ruger & Co., Inc.	525	27,431
Vista Outdoor, Inc.*	1,678	47,186
		74,617
Life Sciences Tools & Services - 0.1%
NeoGenomics, Inc.*	3,730	37,487
Machinery - 3.7%
Alamo Group, Inc.	297	38,836
Albany International Corp., Class A	943	83,163
Astec Industries, Inc.	683	26,077

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares	Value ($)
Barnes Group, Inc.	1,394	43,284
CIRCOR International, Inc.*	607	9,894
Enerpac Tool Group Corp.	1,812	35,153
EnPro Industries, Inc.	621	56,238
ESCO Technologies, Inc.	772	62,864
Federal Signal Corp.	1,814	72,324
Franklin Electric Co., Inc.	1,163	101,006
Greenbrier Cos., Inc. (The)	974	27,769
Hillenbrand, Inc.	2,143	89,299
John Bean Technologies Corp.(b)	951	98,200
Lindsay Corp.	330	52,919
Mueller Industries, Inc.	1,702	107,515
Proto Labs, Inc.*	822	31,565
SPX Technologies, Inc.*	1,369	78,115
Standex International Corp.	359	32,457
Tennant Co.	556	33,555
Titan International, Inc.*	1,538	21,578
Trinity Industries, Inc.	2,093	51,027
Wabash National Corp.	1,465	24,099
		1,176,937
Marine - 0.3%
Matson, Inc.	1,212	89,276
Media - 0.5%
AMC Networks, Inc., Class A*	892	23,897
EW Scripps Co. (The), Class A*	1,729	25,849
Gannett Co., Inc.*	4,388	10,180
Scholastic Corp.	910	41,778
TechTarget, Inc.*	795	51,595
Thryv Holdings, Inc.*	511	13,071
		166,370
Metals & Mining - 1.5%
Arconic Corp.*	3,162	79,714
ATI, Inc.*(b)	3,711	111,070
Carpenter Technology Corp.(b)	1,442	48,985
Century Aluminum Co.*	1,529	11,804
Compass Minerals International, Inc.	1,022	41,381
Haynes International, Inc.	372	14,765
Kaiser Aluminum Corp.	475	34,086
Materion Corp.	613	52,908
Olympic Steel, Inc.	278	7,317
SunCoke Energy, Inc.	2,494	16,435
TimkenSteel Corp.*	1,240	19,022
Warrior Met Coal, Inc.	1,546	50,322
		487,809
Mortgage Real Estate Investment Trusts (REITs) - 1.1%
Apollo Commercial Real Estate Finance, Inc.	3,952	46,041
ARMOUR Residential REIT, Inc.	3,086	21,911
Ellington Financial, Inc.	1,695	24,883
Franklin BSP Realty Trust, Inc.	2,504	32,302
Granite Point Mortgage Trust, Inc.	1,610	15,166
Invesco Mortgage Capital, Inc.	986	15,668
KKR Real Estate Finance Trust, Inc.	1,482	28,543
New York Mortgage Trust, Inc.	11,400	31,920
PennyMac Mortgage Investment Trust	2,751	40,852
Ready Capital Corp.	2,013	26,370
Redwood Trust, Inc.	3,600	27,900
Two Harbors Investment Corp.	10,290	49,906
		361,462
Multiline Retail - 0.1%
Big Lots, Inc.	854	17,567
Multi-Utilities - 0.4%
Avista Corp.	2,166	88,005
Unitil Corp.	478	24,899
		112,904
Oil, Gas & Consumable Fuels - 2.4%
Callon Petroleum Co.*(b)	1,420	60,435
Civitas Resources, Inc.	2,159	145,063
CONSOL Energy, Inc.	957	68,693
Dorian LPG Ltd.	828	12,047
Green Plains, Inc.*	1,606	58,828
Laredo Petroleum, Inc.*	434	33,683
Par Pacific Holdings, Inc.*	1,368	25,718
PBF Energy, Inc., Class A*	2,855	97,527
Ranger Oil Corp.	633	24,681
REX American Resources Corp.*	467	14,150
SM Energy Co.	3,638	160,327
Talos Energy, Inc.*	1,235	25,602
World Fuel Services Corp.	1,885	48,633
		775,387
Paper & Forest Products - 0.3%
Clearwater Paper Corp.*	504	21,440
Glatfelter Corp.	1,341	6,531
Mercer International, Inc.	1,206	19,561
Sylvamo Corp.	1,053	46,795
		94,327
Personal Products - 0.7%
Edgewell Personal Care Co.	1,579	61,518
elf Beauty, Inc.*	1,432	54,602
Inter Parfums, Inc.	533	41,851
Medifast, Inc.	343	43,040
USANA Health Sciences, Inc.*	343	22,130
		223,141
Pharmaceuticals - 1.4%
Amphastar Pharmaceuticals, Inc.*	1,124	33,270
ANI Pharmaceuticals, Inc.*	392	14,461
Cara Therapeutics, Inc.*	1,265	13,055
Collegium Pharmaceutical, Inc.*	1,015	17,844
Corcept Therapeutics, Inc.*	2,859	73,819
Harmony Biosciences Holdings, Inc.*	689	30,254
Innoviva, Inc.*(b)	1,874	24,662
Nektar Therapeutics*	5,573	21,958
Pacira BioSciences, Inc.*	1,357	71,215
Phibro Animal Health Corp., Class A	608	9,004
Prestige Consumer Healthcare, Inc.*	1,503	76,022
Supernus Pharmaceuticals, Inc.*	1,595	54,597
		440,161
Professional Services - 1.3%
Exponent, Inc.	1,550	145,483
Forrester Research, Inc.*	329	13,683
Heidrick & Struggles International, Inc.	591	16,820
Kelly Services, Inc., Class A	1,033	16,642
Korn Ferry	1,610	98,081
ManTech International Corp., Class A	823	78,934
Resources Connection, Inc.	932	18,211

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares	Value ($)
TrueBlue, Inc.*	994	20,417
		408,271
Real Estate Management & Development - 0.4%
Anywhere Real Estate, Inc.*	3,533	34,517
Douglas Elliman, Inc.	2,069	9,538
Marcus & Millichap, Inc.	734	27,437
RE/MAX Holdings, Inc., Class A	577	13,133
St Joe Co. (The)	986	37,665
		122,290
Road & Rail - 0.4%
ArcBest Corp.	732	58,948
Heartland Express, Inc.	1,393	21,104
Marten Transport Ltd.	1,765	34,965
		115,017
Semiconductors & Semiconductor Equipment - 2.6%
Alpha & Omega Semiconductor Ltd.*	648	25,052
Axcelis Technologies, Inc.*	987	66,070
CEVA, Inc.*	694	20,313
Cohu, Inc.*	1,454	39,011
Diodes, Inc.*	1,353	96,293
FormFactor, Inc.*	2,333	68,310
Ichor Holdings Ltd.*	857	26,327
Kulicke & Soffa Industries, Inc.	1,768	74,327
MaxLinear, Inc.*	2,127	76,423
Onto Innovation, Inc.*	1,481	105,136
PDF Solutions, Inc.*	883	23,293
Photronics, Inc.*	1,846	31,013
Rambus, Inc.*	3,296	85,004
SMART Global Holdings, Inc.*	1,416	25,984
Ultra Clean Holdings, Inc.*	1,348	39,456
Veeco Instruments, Inc.*	1,532	32,386
		834,398
Software - 2.0%
8x8, Inc.*	3,541	18,449
A10 Networks, Inc.	1,744	24,242
Agilysys, Inc.*	585	30,285
Alarm.com Holdings, Inc.*(b)	1,377	91,708
Cerence, Inc.*(b)	1,174	23,492
Consensus Cloud Solutions, Inc.*	477	24,017
Digital Turbine, Inc.*	2,638	48,724
Ebix, Inc.	712	18,526
InterDigital, Inc.	920	46,147
LivePerson, Inc.*	2,071	24,024
LiveRamp Holdings, Inc.*	2,039	40,474
OneSpan, Inc.*	1,030	11,855
Progress Software Corp.	1,307	62,906
SPS Commerce, Inc.*	1,079	131,767
Xperi Holding Corp.	3,110	49,480
		646,096
Specialty Retail - 3.6%
Aaron's Co., Inc. (The)	919	10,936
Abercrombie & Fitch Co., Class A*	1,506	21,671
Academy Sports & Outdoors, Inc.	2,552	109,940
America's Car-Mart, Inc.*	180	14,510
Asbury Automotive Group, Inc.*	661	115,331
Bed Bath & Beyond, Inc.*(b)	2,386	22,739
Boot Barn Holdings, Inc.*	889	59,225
Buckle, Inc. (The)	883	28,503
Caleres, Inc.	1,135	28,965
Cato Corp. (The), Class A	525	5,675
Chico's FAS, Inc.*	3,744	21,266
Children's Place, Inc. (The)*	384	16,197
Conn's, Inc.*	464	4,459
Designer Brands, Inc., Class A	1,815	30,964
Genesco, Inc.*	386	21,840
Group 1 Automotive, Inc.	495	88,402
Guess?, Inc.(b)	1,073	18,745
Haverty Furniture Cos., Inc.	415	11,130
Hibbett, Inc.	363	21,272
LL Flooring Holdings, Inc.*	893	7,269
MarineMax, Inc.*	645	23,439
Monro, Inc.	1,003	46,449
National Vision Holdings, Inc.*	2,434	80,882
ODP Corp. (The)*	1,308	46,761
Rent-A-Center, Inc.	1,607	41,525
Sally Beauty Holdings, Inc.*	3,200	47,616
Shoe Carnival, Inc.	511	12,157
Signet Jewelers Ltd.	1,417	92,629
Sleep Number Corp.*	664	27,510
Sonic Automotive, Inc., Class A(b)	586	31,170
Urban Outfitters, Inc.*	1,915	38,549
Zumiez, Inc.*	493	12,798
		1,160,524
Technology Hardware, Storage & Peripherals - 0.3%
3D Systems Corp.*(b)	3,898	39,487
Avid Technology, Inc.*	1,062	29,046
Corsair Gaming, Inc.*(b)	999	15,374
Diebold Nixdorf, Inc.*	2,200	7,656
		91,563
Textiles, Apparel & Luxury Goods - 0.8%
Fossil Group, Inc.*	1,413	5,977
G-III Apparel Group Ltd.*	1,289	27,159
Kontoor Brands, Inc.	1,390	51,750
Movado Group, Inc.	480	15,307
Oxford Industries, Inc.	461	49,203
Steven Madden Ltd.	2,245	65,352
Unifi, Inc.*	417	4,737
Wolverine World Wide, Inc.	2,413	47,150
		266,635
Thrifts & Mortgage Finance - 1.8%
Axos Financial, Inc.*	1,603	66,973
Capitol Federal Financial, Inc.	3,862	34,990
Flagstar Bancorp, Inc.	1,591	61,301
Mr Cooper Group, Inc.*	2,210	93,483
NMI Holdings, Inc., Class A*	2,575	52,865
Northfield Bancorp, Inc.	1,287	18,970
Provident Financial Services, Inc.	2,251	52,291
TrustCo Bank Corp.	575	19,170
Walker & Dunlop, Inc.(b)	910	91,419
WSFS Financial Corp.	1,936	93,606
		585,068
Tobacco - 0.2%
Universal Corp.	736	37,566
Vector Group Ltd.	3,938	38,592
		76,158
Trading Companies & Distributors - 1.1%
Applied Industrial Technologies, Inc.	1,151	122,029
Boise Cascade Co.	1,178	73,425
DXP Enterprises, Inc.*	512	13,609
GMS, Inc.*	1,287	62,034
NOW, Inc.*	3,311	40,129
Veritiv Corp.*	417	49,702
		360,928

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares	Value ($)
Water Utilities - 0.7%
American States Water Co.	1,105	91,682
California Water Service Group	1,605	93,941
Middlesex Water Co.	524	46,515
		232,138
Wireless Telecommunication Services - 0.4%
Gogo, Inc.*	2,042	30,344
Shenandoah Telecommunications Co.	1,498	33,391
Telephone and Data Systems, Inc.	2,948	47,964
		111,699
TOTAL COMMON STOCKS (Cost $29,516,752)		26,499,584
SECURITIES LENDING REINVESTMENTS(d) - 0.4%
INVESTMENT COMPANIES - 0.4%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $126,336)	126,336	126,336

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 32.7%
REPURCHASE AGREEMENTS(e) - 32.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $10,453,701
(Cost $10,453,062)	10,453,062	10,453,062
Total Investments - 116.0%  (Cost $40,096,150)		37,078,982
Liabilities in excess of other assets - (16.0%)		(5,105,063	)
Net Assets - 100.0%		31,973,919

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $9,089,842.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $585,086, collateralized in the form of cash with a value of $126,336 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $479,910 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from October 20, 2022 – February 15, 2052. The total value of collateral is $606,246.
(c)	Security exempt from registration pursuant to Regulation S under the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale.
(d)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $126,336.
(e)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra SmallCap600 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
	9,379,489	5/8/2023	Bank of America NA		2.68	%	S&P SmallCap 600®		(2,164,159	)
	5,801,502	11/7/2022	Citibank NA		2.68	%	S&P SmallCap 600®		(1,017,285	)
	4,571,347	11/7/2022	Morgan Stanley & Co. International plc		2.93	%	S&P SmallCap 600®		(742,577	)
	9,158,085	3/7/2023	Societe Generale		2.78	%	S&P SmallCap 600®		(1,625,823	)
	8,535,312	3/7/2023	UBS AG		2.63	%	S&P SmallCap 600®		(1,072,575	)
	37,445,735								(6,622,419	)
							Total Unrealized Depreciation		(6,622,419	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Technology

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Shares		Value ($)
COMMON STOCKS(a) - 93.0%
Communications Equipment - 2.6%
Arista Networks, Inc.*		9,299		1,114,764
Ciena Corp.*		6,286		318,952
Cisco Systems, Inc.		171,686		7,677,798
F5, Inc.*		2,496		392,022
Juniper Networks, Inc.		13,352		379,464
Lumentum Holdings, Inc.*(b)		2,852		238,284
Motorola Solutions, Inc.		6,916		1,683,423
Ubiquiti, Inc.(b)		251		77,908
Viavi Solutions, Inc.*		9,420		132,634
				12,015,249
Diversified Telecommunication Services - 0.2%
Liberty Global plc, Class A*		7,239		146,228
Liberty Global plc, Class C*		12,305		262,219
Lumen Technologies, Inc.		38,430		382,763
				791,210
Electronic Equipment, Instruments & Components - 0.3%
CDW Corp.		5,582		952,847
TD SYNNEX Corp.		1,705		164,158
				1,117,005
Health Care Technology - 0.3%
Veeva Systems, Inc., Class A*		5,779		1,151,870
Household Durables - 0.1%
Garmin Ltd.		6,308		558,195
Interactive Media & Services - 15.3%
Alphabet, Inc., Class A*		248,630		26,906,739
Alphabet, Inc., Class C*		227,892		24,874,412
Angi, Inc.*		3,086		12,529
Bumble, Inc., Class A*(b)		3,001		75,175
Cargurus, Inc.*		3,639		68,049
IAC, Inc.*		3,479		223,595
Match Group, Inc.*		11,808		667,506
Meta Platforms, Inc., Class A*		94,712		15,431,426
Snap, Inc., Class A*		45,120		490,906
Twitter, Inc.*		31,524		1,221,555
Vimeo, Inc.*		6,483		38,380
Ziff Davis, Inc.*		1,950		150,696
				70,160,968
Internet & Direct Marketing Retail - 0.5%
Chewy, Inc., Class A*(b)		3,743		128,497
DoorDash, Inc., Class A*		6,901		413,370
eBay, Inc.		23,134		1,020,903
Etsy, Inc.*		5,252		554,664
				2,117,434
IT Services - 3.4%
Akamai Technologies, Inc.*		6,624		598,015
Amdocs Ltd.		5,152		440,341
Cloudflare, Inc., Class A*		11,611		726,500
Cognizant Technology Solutions Corp., Class A		21,544		1,360,935
DXC Technology Co.*		10,103		250,352
EPAM Systems, Inc.*		2,364		1,008,246
Fastly, Inc., Class A*		4,547		42,515
Gartner, Inc.*		3,328		949,545
GoDaddy, Inc., Class A*		6,684		506,781
International Business Machines Corp.		37,172		4,774,743
Kyndryl Holdings, Inc.*		7,428		77,400
MongoDB, Inc.*		2,790		900,779
Okta, Inc.*		6,232		569,605
Snowflake, Inc., Class A*		9,998		1,809,138
SolarWinds Corp.*		1,861		16,879
Squarespace, Inc., Class A*		1,177		24,717
Thoughtworks Holding, Inc.*		1,538		20,240
Twilio, Inc., Class A*		7,094		493,601
VeriSign, Inc.*		3,942		718,311
				15,288,643
Semiconductors & Semiconductor Equipment - 16.4%
Advanced Micro Devices, Inc.*		66,973		5,684,029
Allegro MicroSystems, Inc.*		2,275		53,053
Amkor Technology, Inc.		4,145		83,439
Analog Devices, Inc.		21,627		3,277,139
Applied Materials, Inc.		36,504		3,433,931
Broadcom, Inc.		16,873		8,421,483
Cirrus Logic, Inc.*		2,370		181,755
Enphase Energy, Inc.*		5,579		1,598,049
Entegris, Inc.		6,145		583,038
GLOBALFOUNDRIES, Inc.*(b)		2,193		131,185
Intel Corp.		168,972		5,393,586
KLA Corp.		6,168		2,122,594
Lam Research Corp.		5,732		2,510,100
Lattice Semiconductor Corp.*		5,689		306,637
Marvell Technology, Inc.		35,128		1,644,693
Microchip Technology, Inc.		22,979		1,499,380
Micron Technology, Inc.		46,142		2,608,407
MKS Instruments, Inc.		2,300		229,103
Monolithic Power Systems, Inc.		1,814		822,069
NVIDIA Corp.		103,436		15,612,630
NXP Semiconductors NV		10,849		1,785,528
ON Semiconductor Corp.*		17,952		1,234,559
Power Integrations, Inc.		2,415		172,745
Qorvo, Inc.*		4,485		402,663
QUALCOMM, Inc.		46,289		6,122,646
Semtech Corp.*		2,624		121,203
Silicon Laboratories, Inc.*		1,509		189,123
Skyworks Solutions, Inc.		6,650		655,358
SolarEdge Technologies, Inc.*		2,288		631,419
Teradyne, Inc.		6,621		560,402
Texas Instruments, Inc.		38,124		6,298,466
Universal Display Corp.		1,796		200,667
Wolfspeed, Inc.*(b)		5,109		579,718
				75,150,797
Software - 31.1%
ACI Worldwide, Inc.*		4,738		112,291
Adobe, Inc.*		19,515		7,287,682
Alteryx, Inc., Class A*		2,493		155,364
ANSYS, Inc.*		3,597		893,135
Appian Corp.*		1,693		79,402
AppLovin Corp., Class A*(b)		1,482		36,502
Asana, Inc., Class A*		3,453		66,125
Aspen Technology, Inc.*		1,161		244,507
Autodesk, Inc.*		8,990		1,813,643
Avalara, Inc.*		3,632		332,655
Bentley Systems, Inc., Class B		7,755		285,151
Bill.com Holdings, Inc.*		3,834		620,648
Black Knight, Inc.*		6,445		426,401
Blackbaud, Inc.*		1,885		98,585
Blackline, Inc.*(b)		2,229		151,438
Cadence Design Systems, Inc.*		11,394		1,979,935
CCC Intelligent Solutions Holdings, Inc.*		2,535		24,235
Ceridian HCM Holding, Inc.*		5,680		338,755

Ultra Technology

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Shares	Value ($)
Citrix Systems, Inc.	5,156	529,882
Clear Secure, Inc., Class A*(b)	586	13,443
Confluent, Inc., Class A*	4,836	132,313
Consensus Cloud Solutions, Inc.*	666	33,533
Coupa Software, Inc.*	3,099	180,982
Crowdstrike Holdings, Inc., Class A*	8,819	1,610,438
Datadog, Inc., Class A*	10,645	1,117,193
Digital Turbine, Inc.*	3,639	67,212
DocuSign, Inc.*	8,262	481,014
Dolby Laboratories, Inc., Class A	2,674	195,844
Dropbox, Inc., Class A*(b)	11,061	236,595
Duck Creek Technologies, Inc.*	3,121	37,140
Dynatrace, Inc.*	8,146	311,014
Elastic NV*	3,016	253,073
Fair Isaac Corp.*	1,072	481,757
Five9, Inc.*	2,875	282,066
Fortinet, Inc.*	27,531	1,340,484
Gitlab, Inc., Class A*	1,511	90,464
Guidewire Software, Inc.*	3,453	247,615
HashiCorp, Inc., Class A*(b)	1,317	46,556
HubSpot, Inc.*	1,880	633,635
Informatica, Inc., Class A*(b)	1,267	27,963
Intuit, Inc.	11,691	5,047,940
LiveRamp Holdings, Inc.*	2,817	55,917
Mandiant Corp.*	9,921	226,794
Manhattan Associates, Inc.*	2,608	368,406
Matterport, Inc.*(b)	8,845	40,775
Microsoft Corp.	309,101	80,820,638
MicroStrategy, Inc., Class A*(b)	382	88,456
nCino, Inc.*(b)	2,366	74,624
NCR Corp.*	5,646	175,308
New Relic, Inc.*	2,464	149,589
NortonLifeLock, Inc.	24,047	543,222
Nutanix, Inc., Class A*	9,114	157,672
Oracle Corp.	65,039	4,822,642
Palantir Technologies, Inc., Class A*	67,587	521,772
Palo Alto Networks, Inc.*	4,077	2,270,114
Paycom Software, Inc.*	1,986	697,483
Paylocity Holding Corp.*	1,642	395,722
Pegasystems, Inc.	1,694	62,017
Procore Technologies, Inc.*	388	21,185
PTC, Inc.*	4,350	499,771
Q2 Holdings, Inc.*(b)	2,366	93,977
Qualtrics International, Inc., Class A*	4,271	52,320
Rapid7, Inc.*(b)	2,411	138,632
RingCentral, Inc., Class A*	3,516	151,329
Roper Technologies, Inc.	4,375	1,761,287
Salesforce, Inc.*	41,060	6,410,287
Samsara, Inc., Class A*(b)	2,824	41,993
SentinelOne, Inc., Class A*	7,669	209,440
ServiceNow, Inc.*	8,286	3,601,261
Smartsheet, Inc., Class A*	5,321	177,030
Splunk, Inc.*	6,651	598,790
Synopsys, Inc.*	6,330	2,190,307
Trade Desk, Inc. (The), Class A*	18,260	1,144,902
Tyler Technologies, Inc.*	1,714	636,768
UiPath, Inc., Class A*	11,462	188,550
Unity Software, Inc.*(b)	6,842	292,290
Varonis Systems, Inc.*	4,533	123,978
Verint Systems, Inc.*	2,668	129,371
VMware, Inc., Class A	8,358	969,779
Workday, Inc., Class A*	8,208	1,350,708
Workiva, Inc.*	1,987	134,897
Zendesk, Inc.*	5,068	389,070
Zoom Video Communications, Inc., Class A*	9,394	755,278
Zscaler, Inc.*	3,323	529,155
		142,408,116
Technology Hardware, Storage & Peripherals - 22.8%
Apple, Inc.	635,177	99,862,528
Dell Technologies, Inc., Class C	11,341	434,247
Hewlett Packard Enterprise Co.	53,733	730,769
HP, Inc.	43,530	1,249,746
NetApp, Inc.	9,194	663,163
Pure Storage, Inc., Class A*	11,596	335,936
Seagate Technology Holdings plc	8,166	546,796
Western Digital Corp.*	12,945	547,056
Xerox Holdings Corp.	4,928	81,903
		104,452,144
TOTAL COMMON STOCKS (Cost $511,989,557)		425,211,631
SECURITIES LENDING REINVESTMENTS(c) - 0.1%
INVESTMENT COMPANIES - 0.1%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $487,875)	487,875	487,875

Ultra Technology

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 17.9%
REPURCHASE AGREEMENTS(d) - 17.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $81,800,484
(Cost $81,795,481)	81,795,481	81,795,481
Total Investments - 111.0%  (Cost $594,272,913)		507,494,987
Liabilities in excess of other assets - (11.0%)		(50,212,734	)
Net Assets - 100.0%		457,282,253

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $201,308,964.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $1,302,929, collateralized in the form of cash with a value of $487,875 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $867,247 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from December 15, 2022 – May 15, 2051. The total value of collateral is $1,355,122.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $487,875.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Technology

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Swap Agreements

Ultra Technology had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	56,515,067	5/8/2023	Bank of America NA		2.68	%	Dow Jones U.S. TechnologySM Indexc		(29,578,366	)
	98,702,957	5/8/2023	BNP Paribas SA		2.93	%	Dow Jones U.S. TechnologySM Indexc		(42,917,456	)
	89,513,974	4/10/2023	Citibank NA		2.63	%	Dow Jones U.S. TechnologySM Indexc		(27,510,451	)
	27,462,133	4/10/2023	Credit Suisse International		2.93	%	Dow Jones U.S. TechnologySM Indexc		(9,909,709	)
	14,531,172	3/7/2023	Goldman Sachs International		2.93	%	Dow Jones U.S. TechnologySM Indexc		(37,665,155	)
	39,250,585	5/8/2023	J.P. Morgan Securities		2.78	%	Dow Jones U.S. TechnologySM Indexc		(36,885,001	)
	7,857,803	11/7/2022	Morgan Stanley & Co. International plc		2.93	%	Dow Jones U.S. TechnologySM Indexc		(325,431	)
	141,618,654	4/10/2023	Societe Generale		2.88	%	Dow Jones U.S. TechnologySM Indexc		2,347,200
	14,566,111	3/7/2023	UBS AG		2.93	%	Dow Jones U.S. TechnologySM Indexc		(73,051,853	)
	490,018,456								(255,496,222	)
							Total Unrealized Appreciation		2,347,200
							Total Unrealized Depreciation		(257,843,422	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra Telecommunications

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 92.0%
Communications Equipment - 48.9%
ADTRAN Holdings, Inc.		450		10,458
Arista Networks, Inc.*		742		88,951
Ciena Corp.*		889		45,108
Cisco Systems, Inc.		8,506		380,388
CommScope Holding Co., Inc.*		1,211		13,684
Comtech Telecommunications Corp.		155		1,750
Extreme Networks, Inc.*		765		10,962
F5, Inc.*		353		55,442
Harmonic, Inc.*		611		6,880
Inseego Corp.*		471		1,272
Juniper Networks, Inc.		1,888		53,657
Lumentum Holdings, Inc.*		403		33,671
Motorola Solutions, Inc.		351		85,437
NETGEAR, Inc.*		168		3,963
NetScout Systems, Inc.*		431		13,680
Ribbon Communications, Inc.*		711		2,496
Ubiquiti, Inc.(b)		35		10,864
Viasat, Inc.*		435		16,521
Viavi Solutions, Inc.*		1,331		18,740
				853,924
Diversified Telecommunication Services - 33.6%
Anterix, Inc.*		107		4,542
AT&T, Inc.		3,630		63,670
ATN International, Inc.		63		2,952
Consolidated Communications Holdings, Inc.*		425		2,439
EchoStar Corp., Class A*		218		4,013
Frontier Communications Parent, Inc.*		1,217		31,350
Globalstar, Inc.*(b)		3,891		7,782
IDT Corp., Class B*		102		2,608
Iridium Communications, Inc.*		748		33,204
Liberty Global plc, Class A*		1,023		20,665
Liberty Global plc, Class C*		1,739		37,058
Liberty Latin America Ltd., Class A*		228		1,596
Liberty Latin America Ltd., Class C*		892		6,217
Lumen Technologies, Inc.		5,433		54,113
Radius Global Infrastructure, Inc.*		417		5,742
Verizon Communications, Inc.		7,397		309,269
				587,220
Household Durables - 3.8%
Garmin Ltd.		738		65,306
Wireless Telecommunication Services - 5.7%
Shenandoah Telecommunications Co.		292		6,508
Telephone and Data Systems, Inc.		577		9,388
T-Mobile US, Inc.*		565		81,337
United States Cellular Corp.*		86		2,459
				99,692
TOTAL COMMON STOCKS (Cost $1,651,224)				1,606,142
SECURITIES LENDING REINVESTMENTS(c) - 0.9%
INVESTMENT COMPANIES - 0.9%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $16,578)		16,578		16,578

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 20.9%
REPURCHASE AGREEMENTS(d) - 20.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $365,570
(Cost $365,547)	365,547	365,547
Total Investments - 113.8%  (Cost $2,033,349)		1,988,267
Liabilities in excess of other assets - (13.8%)		(240,834	)
Net Assets - 100.0%		1,747,433

Ultra Telecommunications

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $819,651.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $16,102, collateralized in the form of cash with a value of $16,578 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $16,578.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Telecommunications had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
	210,354	5/8/2023	Bank of America NA		2.63	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		(68,465	)
	332,494	4/10/2023	Citibank NA		2.63	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		(68,050	)
	488,563	3/7/2023	Goldman Sachs International		2.93	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		(147,023	)
	71,249	11/7/2022	Morgan Stanley & Co. International plc		2.93	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		(3,357	)
	340,976	3/7/2023	Societe Generale		2.78	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		(97,075	)
	452,939	3/7/2023	UBS AG		2.68	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		(106,777	)
	1,896,575								(490,747	)
							Total Unrealized Depreciation		(490,747	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra Utilities

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 80.9%
Electric Utilities - 49.7%
ALLETE, Inc.		780		46,160
Alliant Energy Corp.		3,432		209,489
American Electric Power Co., Inc.		7,026		704,005
Avangrid, Inc.		952		47,029
Constellation Energy Corp.		4,472		364,870
Duke Energy Corp.		10,535		1,126,297
Edison International		5,217		353,556
Entergy Corp.		2,783		320,880
Evergy, Inc.		3,141		215,253
Eversource Energy		4,720		423,337
Exelon Corp.		13,416		589,097
FirstEnergy Corp.		7,814		309,044
Hawaiian Electric Industries, Inc.		1,498		58,602
IDACORP, Inc.		692		75,594
NextEra Energy, Inc.		26,879		2,286,328
NRG Energy, Inc.		3,247		134,036
PG&E Corp.*		20,672		254,886
Pinnacle West Capital Corp.		1,546		116,491
PNM Resources, Inc.		1,175		55,730
Portland General Electric Co.		1,221		63,089
PPL Corp.		10,070		292,836
Southern Co. (The)		14,548		1,121,214
Xcel Energy, Inc.		7,452		553,311
				9,721,134
Gas Utilities - 3.3%
Atmos Energy Corp.		1,902		215,649
National Fuel Gas Co.		1,252		89,230
New Jersey Resources Corp.		1,316		58,088
ONE Gas, Inc.		740		57,920
Southwest Gas Holdings, Inc.		915		71,233
Spire, Inc.		713		49,831
UGI Corp.		2,874		113,523
				655,474
Independent Power and Renewable Electricity Producers - 2.2%
AES Corp. (The)		9,141		232,638
Clearway Energy, Inc., Class A		474		16,344
Clearway Energy, Inc., Class C(b)		1,121		41,589
Vistra Corp.		5,910		146,272
				436,843
Multi-Utilities - 23.0%
Ameren Corp.		3,534		327,319
Avista Corp.		992		40,305
Black Hills Corp.		887		66,951
CenterPoint Energy, Inc.		8,615		271,631
CMS Energy Corp.		3,971		268,201
Consolidated Edison, Inc.		4,849		473,941
Dominion Energy, Inc.		11,098		907,816
DTE Energy Co.		2,652		345,662
NiSource, Inc.		5,554		163,899
NorthWestern Corp.		741		39,258
Public Service Enterprise Group, Inc.		6,833		439,772
Sempra Energy		4,301		709,536
WEC Energy Group, Inc.		4,317		445,255
				4,499,546
Water Utilities - 2.7%
American Water Works Co., Inc.		2,489		369,492
Essential Utilities, Inc.		3,151		154,872
				524,364
TOTAL COMMON STOCKS (Cost $14,675,046)				15,837,361

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 11.9%
REPURCHASE AGREEMENTS(c) - 11.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $2,321,901
(Cost $2,321,759)	2,321,759	2,321,759
Total Investments - 92.8%  (Cost $16,996,805)		18,159,120
Other assets less liabilities - 7.2%		1,416,575
Net Assets - 100.0%		19,575,695

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $3,372,183.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $37,397, collateralized in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from January 15, 2023 – May 15, 2051. The total value of collateral is $38,746.
(c)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Utilities

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Swap Agreements

Ultra Utilities had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
	10,861,703	11/7/2022	Bank of America NA		2.53	%	Dow Jones U.S. UtilitiesSM Indexc		572,825
	810,172	11/7/2022	Morgan Stanley & Co. International plc		2.93	%	Dow Jones U.S. UtilitiesSM Indexc		146,274
	5,554,218	4/10/2023	Societe Generale		2.88	%	Dow Jones U.S. UtilitiesSM Indexc		323,288
	6,085,951	11/6/2023	UBS AG		2.68	%	Dow Jones U.S. UtilitiesSM Indexc		113,395
	23,312,044								1,155,782
							Total Unrealized Appreciation		1,155,782

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

UltraPro Dow30^SM

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 77.3%
Aerospace & Defense - 2.6%
Boeing Co. (The)*		89,100		14,278,275
Banks - 1.8%
JPMorgan Chase & Co.		89,101		10,133,457
Beverages - 1.0%
Coca-Cola Co. (The)		89,107		5,498,793
Biotechnology - 3.9%
Amgen, Inc.		89,103		21,411,451
Capital Markets - 5.4%
Goldman Sachs Group, Inc. (The)		89,103		29,641,895
Chemicals - 0.8%
Dow, Inc.		89,107		4,544,457
Communications Equipment - 0.7%
Cisco Systems, Inc.		89,106		3,984,820
Consumer Finance - 2.5%
American Express Co.		89,104		13,543,808
Diversified Telecommunication Services - 0.7%
Verizon Communications, Inc.		89,106		3,725,522
Entertainment - 1.8%
Walt Disney Co. (The)*		89,102		9,986,552
Food & Staples Retailing - 2.7%
Walgreens Boots Alliance, Inc.		89,101		3,123,881
Walmart, Inc.		89,109		11,811,398
				14,935,279
Health Care Providers & Services - 8.4%
UnitedHealth Group, Inc.		89,103		46,273,861
Hotels, Restaurants & Leisure - 4.1%
McDonald's Corp.		89,103		22,478,905
Household Products - 2.2%
Procter & Gamble Co. (The)		89,109		12,291,695
Industrial Conglomerates - 5.1%
3M Co.		89,102		11,079,834
Honeywell International, Inc.		89,186		16,887,369
				27,967,203
Insurance - 2.6%
Travelers Cos., Inc. (The)		89,105		14,402,932
IT Services - 5.3%
International Business Machines Corp.		89,104		11,445,409
Visa, Inc., Class A		89,103		17,705,657
				29,151,066
Machinery - 3.0%
Caterpillar, Inc.		89,104		16,458,400
Oil, Gas & Consumable Fuels - 2.6%
Chevron Corp.		89,109		14,084,569
Pharmaceuticals - 4.0%
Johnson & Johnson		89,145		14,382,654
Merck & Co., Inc.		89,105		7,606,003
				21,988,657
Semiconductors & Semiconductor Equipment - 0.5%
Intel Corp.		89,106		2,844,263
Software - 6.7%
Microsoft Corp.		89,103		23,297,762
Salesforce, Inc.*		89,101		13,910,448
				37,208,210
Specialty Retail - 4.7%
Home Depot, Inc. (The)		89,132		25,707,451
Technology Hardware, Storage & Peripherals - 2.5%
Apple, Inc.		89,107		14,009,403
Textiles, Apparel & Luxury Goods - 1.7%
NIKE, Inc., Class B		89,105		9,485,227
TOTAL COMMON STOCKS (Cost $505,766,348)				426,036,151

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 33.2%
REPURCHASE AGREEMENTS(b) - 33.2%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $183,390,454
(Cost $183,379,244)	183,379,244	183,379,244
Total Investments - 110.5%  (Cost $689,145,592)		609,415,395
Liabilities in excess of other assets - (10.5%)		(57,780,971	)
Net Assets - 100.0%		551,634,424

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $325,676,002.
(b)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraPro Dow30^SM

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Purchased

UltraPro Dow30^SM had the following open long futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
DJIA CBOT E-Mini Index	27	9/16/2022	USD	$	4,256,820	$	216,480

Swap Agreements

UltraPro Dow30^SM had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	109,372,703	5/8/2023	Bank of America NA		2.73	%	Dow Jones Industrial AverageSM		(37,756,630	)
	61,917,995	11/6/2023	Barclays Capital		2.93	%	Dow Jones Industrial AverageSM		(1,408,370	)
	269,036,051	5/8/2023	BNP Paribas SA		2.93	%	Dow Jones Industrial AverageSM		(30,847,677	)
	85,550,818	11/7/2022	Citibank NA		2.99	%	Dow Jones Industrial AverageSM		26,986,379
	152,258,398	11/6/2023	Morgan Stanley & Co. International plc		2.88	%	Dow Jones Industrial AverageSM		(20,746,033	)
	332,277,484	4/10/2023	Societe Generale		2.73	%	Dow Jones Industrial AverageSM		(572,283	)
	214,586,028	3/7/2023	UBS AG		2.83	%	Dow Jones Industrial AverageSM		(50,237,048	)
	1,224,999,477								(114,581,662	)
							Total Unrealized Appreciation		26,986,379
							Total Unrealized Depreciation		(141,568,041	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 71.5%
Aerospace & Defense - 0.9%
Axon Enterprise, Inc.*		649		75,725
Curtiss-Wright Corp.		353		51,958
Hexcel Corp.		768		45,058
Mercury Systems, Inc.*		528		25,413
Woodward, Inc.		557		51,840
				249,994
Air Freight & Logistics - 0.2%
GXO Logistics, Inc.*		931		41,318
Airlines - 0.1%
JetBlue Airways Corp.*		2,929		22,817
Auto Components - 1.1%
Adient plc*		865		28,718
Dana, Inc.		1,310		20,266
Fox Factory Holding Corp.*		387		36,072
Gentex Corp.		2,145		58,537
Goodyear Tire & Rubber Co. (The)*		2,582		36,226
Lear Corp.		544		75,420
Visteon Corp.*		258		30,916
				286,155
Automobiles - 0.3%
Harley-Davidson, Inc.		1,349		52,031
Thor Industries, Inc.		503		40,748
				92,779
Banks - 5.1%
Associated Banc-Corp.		1,370		27,455
Bank of Hawaii Corp.(b)		367		28,633
Bank OZK		1,033		41,867
Cadence Bank		1,678		42,755
Cathay General Bancorp		688		28,855
Commerce Bancshares, Inc.		1,005		69,114
Cullen/Frost Bankers, Inc.		523		67,969
East West Bancorp, Inc.		1,298		93,677
First Financial Bankshares, Inc.(b)		1,171		49,779
First Horizon Corp.		4,885		110,499
FNB Corp.		3,085		36,773
Fulton Financial Corp.		1,472		23,891
Glacier Bancorp, Inc.		992		50,275
Hancock Whitney Corp.		789		38,053
Home BancShares, Inc.		1,729		40,683
International Bancshares Corp.		488		20,364
Old National Bancorp		2,679		44,713
PacWest Bancorp		1,072		28,226
Pinnacle Financial Partners, Inc.		699		56,416
Prosperity Bancshares, Inc.		843		59,752
Synovus Financial Corp.		1,327		53,292
Texas Capital Bancshares, Inc.*		463		27,331
UMB Financial Corp.		394		35,251
Umpqua Holdings Corp.		1,986		35,232
United Bankshares, Inc.		1,239		45,967
Valley National Bancorp		3,840		44,621
Washington Federal, Inc.		599		19,174
Webster Financial Corp.		1,626		76,503
Wintrust Financial Corp.		551		46,471
				1,343,591
Beverages - 0.3%
Boston Beer Co., Inc. (The), Class A*		88		29,663
Celsius Holdings, Inc.*		316		32,703
Coca-Cola Consolidated, Inc.		42		19,922
				82,288
Biotechnology - 1.2%
Arrowhead Pharmaceuticals, Inc.*		964		38,280
Exelixis, Inc.*		2,932		52,014
Halozyme Therapeutics, Inc.*		1,263		51,442
Neurocrine Biosciences, Inc.*		872		91,237
United Therapeutics Corp.*		413		93,594
				326,567
Building Products - 1.7%
Builders FirstSource, Inc.*		1,580		92,604
Carlisle Cos., Inc.		471		139,256
Lennox International, Inc.		301		72,276
Owens Corning		888		72,576
Simpson Manufacturing Co., Inc.		394		36,500
Trex Co., Inc.*		1,034		48,381
				461,593
Capital Markets - 1.4%
Affiliated Managers Group, Inc.		355		45,213
Evercore, Inc., Class A		371		34,759
Federated Hermes, Inc., Class B		836		28,474
Interactive Brokers Group, Inc., Class A		799		49,210
Janus Henderson Group plc		1,534		35,896
Jefferies Financial Group, Inc.		1,751		56,190
SEI Investments Co.		954		52,184
Stifel Financial Corp.		972		57,649
				359,575
Chemicals - 1.9%
Ashland, Inc.		463		47,115
Avient Corp.		835		36,598
Cabot Corp.		519		37,352
Chemours Co. (The)		1,422		47,964
Ingevity Corp.*		355		24,900
Minerals Technologies, Inc.		301		17,536
NewMarket Corp.		62		17,807
Olin Corp.		1,267		69,254
RPM International, Inc.		1,187		110,581
Scotts Miracle-Gro Co. (The)		370		24,772
Sensient Technologies Corp.		387		30,832
Valvoline, Inc.		1,630		47,384
				512,095
Commercial Services & Supplies - 1.1%
Brink's Co. (The)		429		23,715
Clean Harbors, Inc.*		459		53,896
IAA, Inc.*		1,226		45,681
MillerKnoll, Inc.		694		19,210
MSA Safety, Inc.		334		39,699
Stericycle, Inc.*		841		42,126
Tetra Tech, Inc.		492		66,818
				291,145
Communications Equipment - 0.7%
Calix, Inc.*		506		29,778
Ciena Corp.*		1,390		70,529
Lumentum Holdings, Inc.*(b)		629		52,553
Viasat, Inc.*		683		25,940
				178,800
Construction & Engineering - 1.4%
AECOM		1,292		94,510

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Dycom Industries, Inc.*		272		30,497
EMCOR Group, Inc.		468		55,655
Fluor Corp.*(b)		1,298		34,319
MasTec, Inc.*		523		42,101
MDU Resources Group, Inc.		1,860		56,079
Valmont Industries, Inc.		194		53,703
				366,864
Construction Materials - 0.2%
Eagle Materials, Inc.		362		43,302
Consumer Finance - 0.4%
Bread Financial Holdings, Inc.		456		17,524
FirstCash Holdings, Inc.		360		28,066
Navient Corp.		1,352		20,807
SLM Corp.		2,462		37,619
				104,016
Containers & Packaging - 0.6%
AptarGroup, Inc.		600		61,686
Greif, Inc., Class A		241		16,159
Silgan Holdings, Inc.		768		34,982
Sonoco Products Co.		891		56,151
				168,978
Diversified Consumer Services - 0.8%
Graham Holdings Co., Class B		36		20,356
Grand Canyon Education, Inc.*		296		24,088
H&R Block, Inc.		1,460		65,700
Service Corp. International		1,451		89,541
				199,685
Diversified Financial Services - 0.2%
Voya Financial, Inc.		932		57,346
Diversified Telecommunication Services - 0.2%
Iridium Communications, Inc.*		1,169		51,892
Electric Utilities - 1.0%
ALLETE, Inc.		523		30,951
Hawaiian Electric Industries, Inc.		1,001		39,159
IDACORP, Inc.		462		50,469
OGE Energy Corp.		1,828		74,107
PNM Resources, Inc.		786		37,280
Portland General Electric Co.		817		42,215
				274,181
Electrical Equipment - 1.5%
Acuity Brands, Inc.		316		51,802
EnerSys		375		23,389
Hubbell, Inc.		491		101,293
nVent Electric plc		1,521		50,132
Regal Rexnord Corp.		609		83,792
Sunrun, Inc.*		1,922		63,484
Vicor Corp.*		197		14,015
				387,907
Electronic Equipment, Instruments & Components - 2.2%
Arrow Electronics, Inc.*		602		63,096
Avnet, Inc.		892		39,150
Belden, Inc.		405		26,519
Cognex Corp.		1,590		66,955
II-VI, Inc.*		1,178		55,637
IPG Photonics Corp.*		317		28,717
Jabil, Inc.		1,291		77,847
Littelfuse, Inc.		229		54,323
National Instruments Corp.		1,198		47,632
Novanta, Inc.*		327		43,717
TD SYNNEX Corp.		375		36,105
Vishay Intertechnology, Inc.		1,204		23,683
Vontier Corp.		1,472		32,266
				595,647
Energy Equipment & Services - 0.4%
ChampionX Corp.		1,860		40,566
NOV, Inc.		3,588		63,400
				103,966
Entertainment - 0.1%
World Wrestling Entertainment, Inc., Class A		395		26,864
Equity Real Estate Investment Trusts (REITs) - 5.8%
Apartment Income REIT Corp.		1,436		58,661
Brixmor Property Group, Inc.		2,740		58,855
Corporate Office Properties Trust		1,027		26,538
Cousins Properties, Inc.		1,360		36,516
Douglas Emmett, Inc.		1,605		31,330
EastGroup Properties, Inc.		381		62,877
EPR Properties		686		29,834
First Industrial Realty Trust, Inc.		1,206		61,120
Healthcare Realty Trust, Inc.		3,482		84,682
Highwoods Properties, Inc.		963		29,285
Hudson Pacific Properties, Inc.		1,321		17,450
Independence Realty Trust, Inc.		2,020		39,289
JBG SMITH Properties		994		21,838
Kilroy Realty Corp.		960		46,819
Kite Realty Group Trust		2,000		38,720
Lamar Advertising Co., Class A		794		74,549
Life Storage, Inc.		769		97,855
Macerich Co. (The)		1,961		18,767
Medical Properties Trust, Inc.		5,484		80,121
National Retail Properties, Inc.		1,606		72,109
National Storage Affiliates Trust		768		38,799
Omega Healthcare Investors, Inc.		2,150		70,219
Park Hotels & Resorts, Inc.		2,130		29,820
Pebblebrook Hotel Trust		1,200		21,144
Physicians Realty Trust		2,062		34,353
PotlatchDeltic Corp.		635		29,477
Rayonier, Inc.		1,335		47,419
Rexford Industrial Realty, Inc.		1,506		93,688
Sabra Health Care REIT, Inc.		2,112		31,617
SL Green Realty Corp.		589		26,012
Spirit Realty Capital, Inc.		1,227		50,123
STORE Capital Corp.		2,307		62,243
				1,522,129
Food & Staples Retailing - 1.1%
BJ's Wholesale Club Holdings, Inc.*		1,231		91,697
Casey's General Stores, Inc.		338		72,254
Grocery Outlet Holding Corp.*		802		32,176
Performance Food Group Co.*		1,417		70,822
Sprouts Farmers Market, Inc.*		1,002		28,958
				295,907
Food Products - 1.2%
Darling Ingredients, Inc.*		1,479		112,493
Flowers Foods, Inc.		1,823		49,768
Hain Celestial Group, Inc. (The)*		822		16,653
Ingredion, Inc.		602		52,416
Lancaster Colony Corp.		180		30,339
Pilgrim's Pride Corp.*		440		12,527
Post Holdings, Inc.*		509		45,179
				319,375

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Gas Utilities - 1.1%
National Fuel Gas Co.		835		59,510
New Jersey Resources Corp.		878		38,755
ONE Gas, Inc.		492		38,509
Southwest Gas Holdings, Inc.		609		47,411
Spire, Inc.		474		33,128
UGI Corp.		1,922		75,919
				293,232
Health Care Equipment & Supplies - 2.5%
Enovis Corp.*		429		21,730
Envista Holdings Corp.*		1,486		55,116
Globus Medical, Inc., Class A*		725		42,913
Haemonetics Corp.*		468		35,114
ICU Medical, Inc.*		186		29,574
Inari Medical, Inc.*		310		21,499
Integra LifeSciences Holdings Corp.*		655		31,250
LivaNova plc*		489		27,506
Masimo Corp.*		466		68,451
Neogen Corp.*(b)		986		20,607
NuVasive, Inc.*		474		20,150
Omnicell, Inc.*		404		41,325
Penumbra, Inc.*		326		53,519
QuidelOrtho Corp.*		460		36,460
Shockwave Medical, Inc.*		327		97,073
STAAR Surgical Co.*		435		41,147
Tandem Diabetes Care, Inc.*		583		26,666
				670,100
Health Care Providers & Services - 1.8%
Acadia Healthcare Co., Inc.*		827		67,756
Amedisys, Inc.*		297		35,180
Chemed Corp.		135		64,286
Encompass Health Corp.		915		44,442
HealthEquity, Inc.*		769		50,815
LHC Group, Inc.*		285		46,019
Option Care Health, Inc.*		1,365		42,260
Patterson Cos., Inc.		792		22,089
Progyny, Inc.*		648		26,056
R1 RCM, Inc.*		1,227		26,810
Tenet Healthcare Corp.*		986		55,709
				481,422
Hotels, Restaurants & Leisure - 1.8%
Boyd Gaming Corp.		733		39,897
Choice Hotels International, Inc.		300		34,413
Churchill Downs, Inc.		311		61,295
Cracker Barrel Old Country Store, Inc.		211		22,775
Light & Wonder, Inc.*		872		42,929
Marriott Vacations Worldwide Corp.		375		53,408
Papa John's International, Inc.		292		23,602
Texas Roadhouse, Inc.		623		55,297
Travel + Leisure Co.		782		33,157
Wendy's Co. (The)		1,566		30,036
Wingstop, Inc.		273		31,084
Wyndham Hotels & Resorts, Inc.		841		54,951
				482,844
Household Durables - 1.0%
Helen of Troy Ltd.*		220		27,198
KB Home		792		22,691
Leggett & Platt, Inc.		1,222		46,705
Taylor Morrison Home Corp., Class A*		1,094		27,470
Tempur Sealy International, Inc.		1,601		40,041
Toll Brothers, Inc.		1,006		44,053
TopBuild Corp.*		297		54,577
				262,735
Household Products - 0.1%
Energizer Holdings, Inc.		599		16,832
Independent Power and Renewable Electricity Producers - 0.1%
Ormat Technologies, Inc.		410		38,327
Insurance - 3.0%
Alleghany Corp.*		124		104,306
American Financial Group, Inc.		607		77,502
Brighthouse Financial, Inc.*		686		32,619
CNO Financial Group, Inc.		1,060		19,515
First American Financial Corp.		985		52,697
Hanover Insurance Group, Inc. (The)		327		42,311
Kemper Corp.		550		25,300
Kinsale Capital Group, Inc.		197		49,955
Mercury General Corp.		240		7,656
Old Republic International Corp.		2,621		57,243
Primerica, Inc.		353		44,743
Reinsurance Group of America, Inc.		609		76,344
RenaissanceRe Holdings Ltd.		404		54,645
RLI Corp.		366		40,172
Selective Insurance Group, Inc.		552		43,840
Unum Group		1,837		69,530
				798,378
Interactive Media & Services - 0.2%
TripAdvisor, Inc.*		918		21,849
Ziff Davis, Inc.*		433		33,462
				55,311
IT Services - 1.3%
Concentrix Corp.		394		49,557
Euronet Worldwide, Inc.*		462		40,961
Genpact Ltd.		1,557		73,148
Kyndryl Holdings, Inc.*		1,644		17,130
Maximus, Inc.		562		34,052
Sabre Corp.*		2,981		21,433
Western Union Co. (The)		3,526		52,255
WEX, Inc.*		410		63,243
				351,779
Leisure Products - 0.9%
Brunswick Corp.		693		51,774
Callaway Golf Co.*		1,064		23,546
Mattel, Inc.*		3,222		71,271
Polaris, Inc.		509		57,655
YETI Holdings, Inc.*		788		29,069
				233,315
Life Sciences Tools & Services - 1.1%
Azenta, Inc.		687		36,212
Bruker Corp.		915		51,240
Medpace Holdings, Inc.*		245		36,164
Repligen Corp.*		470		103,104
Sotera Health Co.*		903		15,270
Syneos Health, Inc.*		936		56,263
				298,253
Machinery - 3.1%
AGCO Corp.		561		60,986
Chart Industries, Inc.*		327		63,392
Crane Holdings Co.		434		40,952

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Donaldson Co., Inc.		1,128		57,923
Esab Corp.		420		17,258
Flowserve Corp.		1,194		36,381
Graco, Inc.		1,548		98,824
ITT, Inc.		763		55,340
Kennametal, Inc.		756		17,721
Lincoln Electric Holdings, Inc.		531		72,583
Middleby Corp. (The)*		498		71,622
Oshkosh Corp.		601		47,936
Terex Corp.		633		21,028
Timken Co. (The)		619		38,991
Toro Co. (The)		959		79,530
Watts Water Technologies, Inc., Class A		253		35,046
				815,513
Marine - 0.1%
Kirby Corp.*		552		37,017
Media - 0.6%
Cable One, Inc.		44		49,940
John Wiley & Sons, Inc., Class A		398		18,320
New York Times Co. (The), Class A		1,523		46,436
TEGNA, Inc.		2,024		43,314
				158,010
Metals & Mining - 2.2%
Alcoa Corp.		1,686		83,423
Cleveland-Cliffs, Inc.*		4,365		75,384
Commercial Metals Co.		1,108		44,885
MP Materials Corp.*		683		23,898
Reliance Steel & Aluminum Co.		568		106,773
Royal Gold, Inc.		600		55,140
Steel Dynamics, Inc.		1,636		132,058
United States Steel Corp.		2,382		54,476
Worthington Industries, Inc.		294		14,991
				591,028
Multiline Retail - 0.5%
Kohl's Corp.		1,174		33,365
Macy's, Inc.		2,606		45,136
Nordstrom, Inc.		1,021		17,469
Ollie's Bargain Outlet Holdings, Inc.*		531		29,370
				125,340
Multi-Utilities - 0.3%
Black Hills Corp.		591		44,609
NorthWestern Corp.		494		26,172
				70,781
Oil, Gas & Consumable Fuels - 3.1%
Antero Midstream Corp.(b)		2,974		29,948
CNX Resources Corp.*		1,781		31,470
DT Midstream, Inc.		886		48,916
EQT Corp.		2,701		129,108
Equitrans Midstream Corp.		3,715		34,438
HF Sinclair Corp.		1,366		71,893
Matador Resources Co.		1,017		60,613
Murphy Oil Corp.		1,334		51,986
PDC Energy, Inc.		871		59,150
Range Resources Corp.*		2,364		77,681
Southwestern Energy Co.*		10,203		76,420
Targa Resources Corp.		2,085		142,260
				813,883
Paper & Forest Products - 0.2%
Louisiana-Pacific Corp.		753		40,835
Personal Products - 0.3%
BellRing Brands, Inc.*		1,126		26,675
Coty, Inc., Class A*		3,144		23,612
Nu Skin Enterprises, Inc., Class A		460		18,832
				69,119
Pharmaceuticals - 0.5%
Jazz Pharmaceuticals plc*		569		88,320
Perrigo Co. plc		1,229		45,989
				134,309
Professional Services - 1.3%
ASGN, Inc.*		468		45,256
CACI International, Inc., Class A*		212		59,544
FTI Consulting, Inc.*		314		50,428
Insperity, Inc.		327		35,649
KBR, Inc.		1,272		61,438
ManpowerGroup, Inc.		483		35,414
Science Applications International Corp.		509		46,355
				334,084
Real Estate Management & Development - 0.3%
Jones Lang LaSalle, Inc.*		445		76,985
Road & Rail - 1.3%
Avis Budget Group, Inc.*		312		52,223
Knight-Swift Transportation Holdings, Inc.		1,495		75,512
Landstar System, Inc.		338		49,561
Ryder System, Inc.		468		35,774
Saia, Inc.*		239		49,432
Werner Enterprises, Inc.		539		21,447
XPO Logistics, Inc.*		904		47,388
				331,337
Semiconductors & Semiconductor Equipment - 2.5%
Amkor Technology, Inc.		919		18,500
Cirrus Logic, Inc.*		525		40,262
First Solar, Inc.*		905		115,433
Lattice Semiconductor Corp.*		1,260		67,914
MACOM Technology Solutions Holdings, Inc.*		445		24,542
MKS Instruments, Inc.		509		50,702
Power Integrations, Inc.		531		37,982
Semtech Corp.*		579		26,744
Silicon Laboratories, Inc.*		334		41,860
SiTime Corp.*		142		15,110
SunPower Corp.*		761		18,264
Synaptics, Inc.*		362		41,851
Universal Display Corp.		395		44,133
Wolfspeed, Inc.*(b)		1,129		128,080
				671,377
Software - 2.0%
ACI Worldwide, Inc.*		1,049		24,861
Aspen Technology, Inc.*		257		54,124
Blackbaud, Inc.*		418		21,862
CommVault Systems, Inc.*		407		22,096
Envestnet, Inc.*		503		26,342
Fair Isaac Corp.*		236		106,059
Manhattan Associates, Inc.*		578		81,648
NCR Corp.*		1,250		38,813
Paylocity Holding Corp.*		365		87,965
Qualys, Inc.*		307		46,633

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Teradata Corp.*		959		31,551
				541,954
Specialty Retail - 2.2%
American Eagle Outfitters, Inc.		1,406		15,832
AutoNation, Inc.*		327		40,744
Dick's Sporting Goods, Inc.		531		56,482
Five Below, Inc.*		506		64,707
Foot Locker, Inc.		764		28,146
GameStop Corp., Class A*(b)		2,260		64,726
Gap, Inc. (The)		1,923		17,576
Lithia Motors, Inc., Class A		265		70,342
Murphy USA, Inc.		205		59,485
RH*		161		41,202
Victoria's Secret & Co.*		620		20,733
Williams-Sonoma, Inc.		639		95,051
				575,026
Technology Hardware, Storage & Peripherals - 0.1%
Xerox Holdings Corp.		1,090		18,116
Textiles, Apparel & Luxury Goods - 1.3%
Capri Holdings Ltd.*		1,351		63,740
Carter's, Inc.		369		27,251
Columbia Sportswear Co.		306		21,799
Crocs, Inc.*		563		41,493
Deckers Outdoor Corp.*		252		81,036
Hanesbrands, Inc.		3,189		27,776
Skechers USA, Inc., Class A*		1,231		46,532
Under Armour, Inc., Class A*		1,724		14,516
Under Armour, Inc., Class C*		1,853		14,064
				338,207
Thrifts & Mortgage Finance - 0.5%
Essent Group Ltd.		983		39,310
MGIC Investment Corp.		2,828		40,412
New York Community Bancorp, Inc.		4,272		41,823
				121,545
Trading Companies & Distributors - 0.7%
GATX Corp.		327		31,591
MSC Industrial Direct Co., Inc., Class A		431		34,140
Univar Solutions, Inc.*		1,549		39,066
Watsco, Inc.(b)		304		82,697
				187,494
Water Utilities - 0.4%
Essential Utilities, Inc.		2,103		103,362
TOTAL COMMON STOCKS (Cost $21,478,479)				18,904,626
SECURITIES LENDING REINVESTMENTS(c) - 0.2%
INVESTMENT COMPANIES - 0.2%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $47,483)		47,483		47,483

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 28.7%
REPURCHASE AGREEMENTS(d) - 28.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $7,591,058
(Cost $7,590,596)		7,590,596		7,590,596
Total Investments - 100.4%  (Cost $29,116,558)				26,542,705
Liabilities in excess of other assets - (0.4%)				(103,624	)
Net Assets - 100.0%				26,439,081

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $7,759,004.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $214,067, collateralized in the form of cash with a value of $47,483 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $174,774 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 3.75%, and maturity dates ranging from December 15, 2022 – February 15, 2049. The total value of collateral is $222,257.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $47,483.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Purchased

UltraPro MidCap400 had the following open long futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P Midcap 400 E-Mini Index	10	9/16/2022	USD	$	2,430,300	$	(6,911	)

Swap Agreements

UltraPro MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
	4,407,493	5/8/2023	Bank of America NA		2.73	%	S&P MidCap 400®		(3,179,141	)
	4,653,030	5/8/2023	BNP Paribas SA		2.78	%	S&P MidCap 400®		(1,545,160	)
	8,839,298	4/10/2023	Citibank NA		2.73	%	S&P MidCap 400®		(675,358	)
	697,711	4/10/2023	Credit Suisse International		2.83	%	S&P MidCap 400®		(135,390	)
	8,446,722	3/7/2023	Goldman Sachs International		2.83	%	S&P MidCap 400®		(1,589,468	)
	10,944,587	11/7/2022	Morgan Stanley & Co. International plc		2.88	%	S&P MidCap 400®		(4,092,298	)
	15,108,976	3/7/2023	Societe Generale		2.60	%	S&P MidCap 400®		(4,542,786	)
	4,862,100	3/7/2023	UBS AG		2.68	%	S&P MidCap 400®		(1,831,273	)
	57,959,917								(17,590,874	)
							Total Unrealized Depreciation		(17,590,874	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro QQQ

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 62.7%
Automobiles - 3.0%
Lucid Group, Inc.*(b)		1,126,724		17,283,946
Tesla, Inc.*		1,266,352		349,019,275
				366,303,221
Beverages - 1.9%
Keurig Dr Pepper, Inc.		958,797		36,549,342
Monster Beverage Corp.*		358,041		31,804,782
PepsiCo, Inc.		934,481		160,983,042
				229,337,166
Biotechnology - 2.5%
Amgen, Inc.		360,960		86,738,688
Biogen, Inc.*		98,889		19,320,933
Gilead Sciences, Inc.		848,239		53,837,729
Moderna, Inc.*		268,661		35,535,790
Regeneron Pharmaceuticals, Inc.*		72,983		42,407,502
Seagen, Inc.*		124,193		19,161,738
Vertex Pharmaceuticals, Inc.*		172,722		48,666,151
				305,668,531
Commercial Services & Supplies - 0.4%
Cintas Corp.		69,201		28,153,735
Copart, Inc.*		160,808		19,240,677
				47,394,412
Communications Equipment - 1.0%
Cisco Systems, Inc.		2,799,784		125,206,340
Electric Utilities - 0.9%
American Electric Power Co., Inc.		347,316		34,801,063
Constellation Energy Corp.		220,911		18,024,098
Exelon Corp.		662,714		29,099,772
Xcel Energy, Inc.		368,261		27,343,379
				109,268,312
Entertainment - 1.2%
Activision Blizzard, Inc.		528,329		41,468,543
Electronic Arts, Inc.		189,226		24,007,103
NetEase, Inc., ADR		122,746		10,864,248
Netflix, Inc.*		300,311		67,137,527
				143,477,421
Food & Staples Retailing - 1.4%
Costco Wholesale Corp.		299,460		156,348,066
Walgreens Boots Alliance, Inc.		583,736		20,465,784
				176,813,850
Food Products - 0.7%
Kraft Heinz Co. (The)		827,487		30,948,014
Mondelez International, Inc., Class A		935,390		57,863,225
				88,811,239
Health Care Equipment & Supplies - 0.9%
Align Technology, Inc.*		53,316		12,993,109
Dexcom, Inc.*		265,204		21,802,421
IDEXX Laboratories, Inc.*		56,890		19,776,102
Intuitive Surgical, Inc.*		242,619		49,916,433
				104,488,065
Hotels, Restaurants & Leisure - 1.5%
Airbnb, Inc., Class A*		258,660		29,259,619
Booking Holdings, Inc.*		27,638		51,843,637
Marriott International, Inc., Class A		221,350		34,030,349
Starbucks Corp.		774,686		65,127,852
				180,261,457
Industrial Conglomerates - 0.7%
Honeywell International, Inc.		460,324		87,162,349
Interactive Media & Services - 6.6%
Alphabet, Inc., Class A*		2,448,970		265,027,533
Alphabet, Inc., Class C*		2,550,721		278,411,197
Baidu, Inc., ADR*		145,943		21,011,414
Match Group, Inc.*		193,012		10,910,968
Meta Platforms, Inc., Class A*		1,399,848		228,077,235
				803,438,347
Internet & Direct Marketing Retail - 5.0%
Amazon.com, Inc.*		4,146,239		525,618,718
eBay, Inc.		378,472		16,701,969
JD.com, Inc., ADR		342,340		21,735,167
MercadoLibre, Inc.*		33,901		28,997,560
Pinduoduo, Inc., ADR*		299,511		21,355,134
				614,408,548
IT Services - 2.1%
Automatic Data Processing, Inc.		282,286		68,993,521
Cognizant Technology Solutions Corp., Class A		352,439		22,263,572
Fiserv, Inc.*		436,852		44,205,054
Okta, Inc.*		102,147		9,336,236
Paychex, Inc.		244,072		30,103,841
PayPal Holdings, Inc.*		782,735		73,138,758
VeriSign, Inc.*		74,001		13,484,462
				261,525,444
Life Sciences Tools & Services - 0.2%
Illumina, Inc.*		106,317		21,437,760
Machinery - 0.2%
PACCAR, Inc.		234,979		20,563,012
Media - 1.4%
Charter Communications, Inc., Class A*		113,483		46,826,490
Comcast Corp., Class A		3,021,327		109,341,824
Sirius XM Holdings, Inc.(b)		2,660,184		16,200,521
				172,368,835
Multiline Retail - 0.2%
Dollar Tree, Inc.*		151,842		20,601,923
Pharmaceuticals - 0.2%
AstraZeneca plc, ADR		390,703		24,372,053
Professional Services - 0.2%
Verisk Analytics, Inc.		106,857		19,999,356
Road & Rail - 0.5%
CSX Corp.		1,469,314		46,503,788
Old Dominion Freight Line, Inc.		76,617		20,794,620
				67,298,408
Semiconductors & Semiconductor Equipment - 8.9%
Advanced Micro Devices, Inc.*		1,095,723		92,994,011
Analog Devices, Inc.		351,328		53,236,732
Applied Materials, Inc.		588,103		55,322,849
ASML Holding NV (Registered), NYRS		58,068		28,449,836
Broadcom, Inc.		275,824		137,666,517
Intel Corp.		2,764,507		88,243,063
KLA Corp.		100,960		34,743,365
Lam Research Corp.		93,644		41,007,644
Marvell Technology, Inc.		574,639		26,904,598
Microchip Technology, Inc.		374,819		24,456,940
Micron Technology, Inc.		754,865		42,672,519
NVIDIA Corp.		1,433,818		216,420,489
NXP Semiconductors NV		177,604		29,230,066
QUALCOMM, Inc.		757,569		100,203,652

UltraPro QQQ

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Skyworks Solutions, Inc.		108,746		10,716,918
Texas Instruments, Inc.		623,211		102,960,689
				1,085,229,888
Software - 10.8%
Adobe, Inc.*		319,273		119,229,309
ANSYS, Inc.*		58,801		14,600,288
Atlassian Corp. plc, Class A*		96,674		23,942,283
Autodesk, Inc.*		147,188		29,693,707
Cadence Design Systems, Inc.*		186,279		32,369,702
Crowdstrike Holdings, Inc., Class A*		144,043		26,303,692
Datadog, Inc., Class A*		191,290		20,075,885
DocuSign, Inc.*		135,017		7,860,690
Fortinet, Inc.*		542,224		26,400,887
Intuit, Inc.		190,650		82,318,857
Microsoft Corp.		3,046,878		796,667,191
Palo Alto Networks, Inc.*		67,427		37,544,028
Splunk, Inc.*		108,728		9,788,782
Synopsys, Inc.*		103,392		35,775,700
Workday, Inc., Class A*		134,297		22,099,914
Zoom Video Communications, Inc., Class A*		170,094		13,675,558
Zscaler, Inc.*		95,368		15,186,400
				1,313,532,873
Specialty Retail - 0.4%
O'Reilly Automotive, Inc.*		44,307		30,887,296
Ross Stores, Inc.		237,622		20,499,650
				51,386,946
Technology Hardware, Storage & Peripherals - 8.5%
Apple, Inc.		6,595,367		1,036,923,600
Textiles, Apparel & Luxury Goods - 0.2%
Lululemon Athletica, Inc.*		82,937		24,877,783
Trading Companies & Distributors - 0.2%
Fastenal Co.		389,157		19,586,272
Wireless Telecommunication Services - 1.0%
T-Mobile US, Inc.*		847,191		121,961,616
TOTAL COMMON STOCKS (Cost $9,274,575,861)				7,643,705,027
SECURITIES LENDING REINVESTMENTS(c) - 0.2%
INVESTMENT COMPANIES - 0.2%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $26,935,033)		26,935,033		26,935,033

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 88.6%
REPURCHASE AGREEMENTS(d) - 9.2%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $1,121,429,175
(Cost $1,121,360,616)		1,121,360,616		1,121,360,616
U.S. TREASURY OBLIGATIONS - 79.4%
U.S. Treasury Bills
1.90%, 9/1/2022(e)		200,000,000		200,000,000
1.12%, 9/6/2022(e)		700,000,000		699,805,288
1.95%, 9/8/2022(e)		550,000,000		549,782,370
2.17%, 9/13/2022(e)		500,000,000		499,639,165
1.65%, 9/15/2022(e)		500,000,000		499,583,890
2.09%, 9/22/2022(e)		250,000,000		249,701,043
2.28%, 10/6/2022(e)		250,000,000		249,465,277
2.29%, 10/13/2022(e)		250,000,000		249,326,980
1.34%, 10/20/2022(e)		100,000,000		99,666,187
1.82%, 11/3/2022(e)		600,000,000		597,243,576
2.42%, 11/8/2022(e)		200,000,000		199,030,434
2.49%, 11/10/2022(e)		1,050,000,000		1,044,693,363
2.64%, 11/17/2022(e)		625,000,000		621,424,044
2.44%, 11/25/2022(e)		500,000,000		496,695,775
2.58%, 12/1/2022(e)		400,000,000		397,102,408
2.72%, 12/29/2022(e)		555,000,000		549,519,181
2.97%, 1/5/2023(e)		500,000,000		494,799,290
2.97%, 1/12/2023(e)		300,000,000		296,662,254
3.02%, 1/19/2023(e)		500,000,000		494,120,000
2.84%, 1/26/2023(e)		500,000,000		493,801,245
3.06%, 2/2/2023(e)		500,000,000		493,278,540
2.68%, 2/23/2023(e)		200,000,000		196,876,736
TOTAL U.S. TREASURY OBLIGATIONS (Cost $9,676,597,381)				9,672,217,046
TOTAL SHORT-TERM INVESTMENTS (Cost $10,797,957,997)				10,793,577,662
Total Investments - 151.5%  (Cost $20,099,468,891)				18,464,217,722
Liabilities in excess of other assets - (51.5%)				(6,277,370,517	)
Net Assets - 100.0%				12,186,847,205

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $12,666,363,618.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $32,073,990, collateralized in the form of cash with a value of $26,935,033 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $5,730,403 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from January 15, 2023 – May 15, 2051. The total value of collateral is $32,665,436.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $26,935,033.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(e)	The rate shown was the current yield as of August 31, 2022.

Abbreviations
ADR	American Depositary Receipt
NYRS	New York Registry Shares

UltraPro QQQ

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Purchased

UltraPro QQQ had the following open long futures contracts as of August 31, 2022:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
NASDAQ 100 E-Mini Index	2,457	9/16/2022	USD	$	603,697,185	$	44,038,198

Swap Agreements

UltraPro QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	3,530,319,414	5/8/2023	Bank of America NA		2.93	%	NASDAQ-100 Index®		(1,333,994,977	)
	4,157,199,251	4/17/2023	Barclays Capital		2.93	%	NASDAQ-100 Index®		(339,206,516	)
	2,873,569,457	5/8/2023	BNP Paribas SA		2.98	%	NASDAQ-100 Index®		(1,360,101,963	)
	3,027,571,161	2/6/2023	Citibank NA		2.99	%	NASDAQ-100 Index®		(1,171,697,504	)
	2,156,833,816	11/7/2022	Credit Suisse International		2.93	%	NASDAQ-100 Index®		(207,905,769	)
	2,266,582,581	4/8/2024	Goldman Sachs International		3.03	%	NASDAQ-100 Index®		(18,265,686	)
	1,857,936,254	5/8/2023	J.P. Morgan Securities		2.73	%	NASDAQ-100 Index®		(1,043,106,311	)
	2,193,122,209	4/8/2024	Morgan Stanley & Co. International plc		2.88	%	NASDAQ-100 Index®		82,445,989
	2,691,121,187	11/6/2023	Societe Generale		3.18	%	NASDAQ-100 Index®		(229,207,261	)
	3,561,060,849	11/7/2022	UBS AG		3.13	%	NASDAQ-100 Index®		(1,348,502,500	)
	28,315,316,179								(6,969,542,498	)
							Total Unrealized Appreciation		82,445,989
							Total Unrealized Depreciation		(7,051,988,487	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Shares		Value ($)
COMMON STOCKS(a) - 70.8%
Aerospace & Defense - 0.6%
AAR Corp.*		2,221		95,236
Aerojet Rocketdyne Holdings, Inc.*		5,215		224,610
AeroVironment, Inc.*		1,527		135,369
AerSale Corp.*		1,043		20,109
Archer Aviation, Inc., Class A*		8,179		28,954
Astra Space, Inc.*(b)		9,453		8,062
Astronics Corp.*		1,662		15,307
Cadre Holdings, Inc.		1,085		27,667
Ducommun, Inc.*		726		31,944
Kaman Corp.		1,840		58,365
Kratos Defense & Security Solutions, Inc.*		8,117		101,787
Maxar Technologies, Inc.		4,777		113,836
Momentus, Inc.*(b)		3,582		6,340
Moog, Inc., Class A		1,880		140,962
National Presto Industries, Inc.		337		22,990
Park Aerospace Corp.		1,288		14,825
Parsons Corp.*(b)		2,211		91,491
Redwire Corp.*		1,272		3,511
Rocket Lab USA, Inc.*		14,008		77,044
Terran Orbital Corp.*(b)		1,575		6,615
Triumph Group, Inc.*		4,208		54,662
V2X, Inc.*		757		26,238
Virgin Galactic Holdings, Inc.*(b)		14,994		88,615
				1,394,539
Air Freight & Logistics - 0.3%
Air Transport Services Group, Inc.*		3,880		116,904
Atlas Air Worldwide Holdings, Inc.*		1,839		183,753
Forward Air Corp.		1,766		171,373
Hub Group, Inc., Class A*		2,207		176,141
Radiant Logistics, Inc.*		2,489		17,423
				665,594
Airlines - 0.3%
Allegiant Travel Co.*		1,019		98,333
Blade Air Mobility, Inc.*(b)		3,687		19,025
Frontier Group Holdings, Inc.*		2,452		31,631
Hawaiian Holdings, Inc.*		3,327		49,872
Joby Aviation, Inc.*(b)		16,499		87,445
SkyWest, Inc.*		3,279		69,810
Spirit Airlines, Inc.*		7,162		162,434
Sun Country Airlines Holdings, Inc.*		2,175		43,326
Wheels Up Experience, Inc.*		10,457		19,554
				581,430
Auto Components - 1.0%
Adient plc*		6,236		207,035
American Axle & Manufacturing Holdings, Inc.*		7,425		76,849
Dana, Inc.		8,482		131,217
Dorman Products, Inc.*		1,731		156,915
Fox Factory Holding Corp.*		2,788		259,869
Gentherm, Inc.*		2,176		130,342
Goodyear Tire & Rubber Co. (The)*		18,433		258,615
Holley, Inc.*(b)		3,378		19,153
LCI Industries		1,632		189,100
Luminar Technologies, Inc.*(b)		15,684		135,196
Modine Manufacturing Co.*		3,269		48,970
Motorcar Parts of America, Inc.*		1,228		18,248
Patrick Industries, Inc.		1,443		76,436
Solid Power, Inc.*(b)		3,729		24,537
Standard Motor Products, Inc.		1,351		49,582
Stoneridge, Inc.*		1,730		32,870
Tenneco, Inc., Class A*		5,422		102,259
Visteon Corp.*		1,828		219,049
XPEL, Inc.*(c)		1,414		96,901
				2,233,143
Automobiles - 0.1%
Canoo, Inc.*(b)		7,573		24,158
Cenntro Electric Group Ltd.*(b)		12,093		15,963
Faraday Future Intelligent Electric, Inc.*(b)		6,526		7,309
Fisker, Inc.*(b)		10,679		96,431
Lordstown Motors Corp.*(b)		10,488		22,444
Mullen Automotive, Inc.*		999		666
Winnebago Industries, Inc.		2,105		121,206
Workhorse Group, Inc.*(b)		9,636		30,161
				318,338
Banks - 6.8%
1st Source Corp.		1,060		50,021
ACNB Corp.(b)		555		19,736
Allegiance Bancshares, Inc.		1,274		53,967
Amalgamated Financial Corp.		925		20,813
Amerant Bancorp, Inc.		1,844		48,294
American National Bankshares, Inc.		682		22,458
Ameris Bancorp		4,347		202,918
Arrow Financial Corp.		904		29,027
Associated Banc-Corp.		9,804		196,472
Atlantic Union Bankshares Corp.		4,920		159,654
Banc of California, Inc.		3,613		60,987
BancFirst Corp.		1,292		139,355
Bancorp, Inc. (The)*		3,661		86,839
Bank First Corp.(b)		424		34,458
Bank of Marin Bancorp		1,029		31,796
Bank of NT Butterfield & Son Ltd. (The)		3,266		106,537
BankUnited, Inc.		5,367		198,847
Bankwell Financial Group, Inc.		370		11,662
Banner Corp.		2,246		136,467
Bar Harbor Bankshares		970		27,480
BayCom Corp.		845		15,725
BCB Bancorp, Inc.		944		16,992
Berkshire Hills Bancorp, Inc.		3,033		85,561
Blue Ridge Bankshares, Inc.		1,118		16,401
Brookline Bancorp, Inc.		4,987		62,188
Business First Bancshares, Inc.		1,390		32,790
Byline Bancorp, Inc.		1,615		35,223
Cadence Bank		12,042		306,830
Cambridge Bancorp		448		36,839
Camden National Corp.		945		42,742
Capital Bancorp, Inc.		590		14,614
Capital City Bank Group, Inc.		889		28,386
Capstar Financial Holdings, Inc.		1,336		26,920
Carter Bankshares, Inc.*		1,597		26,303
Cathay General Bancorp		4,731		198,418
CBTX, Inc.		1,208		35,998
Central Pacific Financial Corp.		1,778		38,743
Citizens & Northern Corp.		991		23,784
City Holding Co.(b)		967		82,205
Civista Bancshares, Inc.		957		20,241
CNB Financial Corp.		1,058		27,847

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Coastal Financial Corp.*		685		27,537
Colony Bankcorp, Inc.		1,076		15,193
Columbia Banking System, Inc.		5,177		155,051
Community Bank System, Inc.		3,508		229,353
Community Trust Bancorp, Inc.		1,030		43,518
ConnectOne Bancorp, Inc.		2,439		61,048
CrossFirst Bankshares, Inc.*		2,993		39,448
Customers Bancorp, Inc.*		2,037		70,664
CVB Financial Corp.(b)		8,882		233,064
Dime Community Bancshares, Inc.		2,191		68,491
Eagle Bancorp, Inc.		2,083		101,088
Eastern Bankshares, Inc.		10,566		204,980
Enterprise Bancorp, Inc.		612		19,694
Enterprise Financial Services Corp.		2,317		105,933
Equity Bancshares, Inc., Class A		1,010		31,542
Esquire Financial Holdings, Inc.		455		17,008
Farmers & Merchants Bancorp, Inc.(b)		795		22,705
Farmers National Banc Corp.		2,067		29,537
FB Financial Corp.		2,381		94,335
Financial Institutions, Inc.		993		25,848
First Bancorp		2,318		84,398
First Bancorp		12,882		184,213
First Bancorp, Inc. (The)		638		18,502
First Bancshares, Inc. (The)		1,294		38,691
First Bank		1,019		15,275
First Busey Corp.		3,391		77,993
First Business Financial Services, Inc.		526		17,505
First Commonwealth Financial Corp.		6,135		82,700
First Community Bankshares, Inc.		1,074		33,863
First Financial Bancorp		6,123		132,134
First Financial Bankshares, Inc.(b)		8,539		362,993
First Financial Corp.		752		34,968
First Foundation, Inc.		3,360		63,706
First Guaranty Bancshares, Inc.		398		8,867
First Internet Bancorp		596		21,855
First Interstate BancSystem, Inc., Class A		6,156		247,841
First Merchants Corp.		3,761		149,763
First Mid Bancshares, Inc.		1,224		43,268
First of Long Island Corp. (The)		1,464		26,952
First Western Financial, Inc.*		519		13,769
Five Star Bancorp		826		21,005
Flushing Financial Corp.		1,891		39,049
Fulton Financial Corp.		10,309		167,315
FVCBankcorp, Inc.*		784		15,100
German American Bancorp, Inc.		1,819		68,322
Glacier Bancorp, Inc.		7,303		370,116
Great Southern Bancorp, Inc.		631		37,090
Guaranty Bancshares, Inc.		542		18,780
Hancock Whitney Corp.		5,663		273,127
Hanmi Financial Corp.		1,988		49,143
HarborOne Bancorp, Inc.		2,996		40,865
HBT Financial, Inc.		667		12,059
Heartland Financial USA, Inc.		2,698		120,520
Heritage Commerce Corp.		3,860		43,579
Heritage Financial Corp.		2,272		59,049
Hilltop Holdings, Inc.		4,030		106,392
Home BancShares, Inc.		12,493		293,960
HomeStreet, Inc.		1,180		41,076
HomeTrust Bancshares, Inc.		957		22,222
Hope Bancorp, Inc.		7,615		110,189
Horizon Bancorp, Inc.		2,648		50,100
Independent Bank Corp.		3,067		239,931
Independent Bank Corp./MI		1,322		27,127
Independent Bank Group, Inc.		2,414		162,607
International Bancshares Corp.		3,573		149,101
John Marshall Bancorp, Inc.(b)		749		18,882
Lakeland Bancorp, Inc.		4,088		66,594
Lakeland Financial Corp.		1,612		121,448
Live Oak Bancshares, Inc.		2,150		77,916
Macatawa Bank Corp.		1,726		16,432
Mercantile Bank Corp.		1,011		33,444
Metrocity Bankshares, Inc.		1,227		24,528
Metropolitan Bank Holding Corp.*		676		48,395
Mid Penn Bancorp, Inc.		941		27,374
Midland States Bancorp, Inc.		1,390		34,875
MidWestOne Financial Group, Inc.		930		28,365
MVB Financial Corp.		673		21,523
National Bank Holdings Corp., Class A		1,920		77,050
NBT Bancorp, Inc.		2,747		106,529
Nicolet Bankshares, Inc.*		806		61,723
Northeast Bank		441		17,098
Northwest Bancshares, Inc.		7,983		112,321
OceanFirst Financial Corp.		3,813		74,125
OFG Bancorp		3,128		85,082
Old National Bancorp		19,268		321,583
Old Second Bancorp, Inc.		2,782		38,169
Origin Bancorp, Inc.		1,476		60,295
Orrstown Financial Services, Inc.		697		17,934
Pacific Premier Bancorp, Inc.		6,160		201,802
Park National Corp.		943		124,316
Parke Bancorp, Inc.		664		14,728
Pathward Financial, Inc.		1,905		62,789
PCB Bancorp		764		14,348
PCSB Financial Corp.		822		15,215
Peapack-Gladstone Financial Corp.		1,142		38,451
Peoples Bancorp, Inc.		1,828		54,639
Peoples Financial Services Corp.		460		22,393
Preferred Bank		901		61,124
Premier Financial Corp.		2,327		62,876
Primis Financial Corp.		1,455		19,075
Professional Holding Corp., Class A*		849		23,738
QCR Holdings, Inc.		1,088		60,765
RBB Bancorp		982		21,702
Red River Bancshares, Inc.		286		14,617
Renasant Corp.		3,596		119,891
Republic Bancorp, Inc., Class A		579		24,608
Republic First Bancorp, Inc.*		3,179		10,109
S&T Bancorp, Inc.		2,566		76,056
Sandy Spring Bancorp, Inc.		2,909		112,055
Seacoast Banking Corp. of Florida		3,975		128,472
ServisFirst Bancshares, Inc.		3,295		277,966
Shore Bancshares, Inc.		1,169		22,269
Sierra Bancorp		903		18,710
Silvergate Capital Corp., Class A*		2,060		187,707
Simmons First National Corp., Class A		8,221		193,933
SmartFinancial, Inc.		1,019		25,567
South Plains Financial, Inc.		667		18,096
Southern First Bancshares, Inc.*		498		21,469
Southside Bancshares, Inc.		2,009		75,699
SouthState Corp.		4,926		384,425
Stock Yards Bancorp, Inc.		1,880		124,569

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Summit Financial Group, Inc.		740		21,105
Texas Capital Bancshares, Inc.*		3,341		197,219
Third Coast Bancshares, Inc.*		839		15,270
Tompkins Financial Corp.		923		66,124
Towne Bank		4,425		126,068
TriCo Bancshares		2,079		98,108
Triumph Bancorp, Inc.*		1,576		97,570
Trustmark Corp.		4,024		126,917
UMB Financial Corp.		2,892		258,747
United Bankshares, Inc.		8,704		322,918
United Community Banks, Inc.		6,984		234,174
Unity Bancorp, Inc.		463		12,978
Univest Financial Corp.		1,916		47,517
USCB Financial Holdings, Inc.*(b)		708		9,204
Valley National Bancorp		28,304		328,892
Veritex Holdings, Inc.		3,451		103,910
Washington Federal, Inc.		4,257		136,267
Washington Trust Bancorp, Inc.		1,134		57,414
WesBanco, Inc.		3,835		131,195
West Bancorp, Inc.		1,064		26,185
Westamerica Bancorp		1,710		95,675
				15,244,976
Beverages - 0.4%
Celsius Holdings, Inc.*		3,592		371,736
Coca-Cola Consolidated, Inc.		308		146,094
Duckhorn Portfolio, Inc. (The)*		2,427		44,268
MGP Ingredients, Inc.		922		100,922
National Beverage Corp.		1,551		86,018
Primo Water Corp.		10,352		136,025
Vintage Wine Estates, Inc.*		2,128		12,577
Vita Coco Co., Inc. (The)*(b)		1,832		27,462
				925,102
Biotechnology - 5.5%
2seventy bio, Inc.*		2,455		36,162
4D Molecular Therapeutics, Inc.*		1,972		15,500
Aadi Bioscience, Inc.*(b)		952		12,900
ACADIA Pharmaceuticals, Inc.*		7,897		129,748
Adagio Therapeutics, Inc.*		3,374		15,385
Adicet Bio, Inc.*		1,858		26,309
ADMA Biologics, Inc.*		12,209		32,964
Aerovate Therapeutics, Inc.*(b)		603		11,957
Affimed NV*		9,342		24,476
Agenus, Inc.*		17,744		47,909
Agios Pharmaceuticals, Inc.*		3,585		91,418
Akero Therapeutics, Inc.*		1,838		21,596
Albireo Pharma, Inc.*		1,130		19,775
Alector, Inc.*		4,086		42,290
Alkermes plc*		10,711		253,529
Allogene Therapeutics, Inc.*		5,235		71,772
Allovir, Inc.*		2,041		15,328
Alpine Immune Sciences, Inc.*		1,025		7,698
ALX Oncology Holdings, Inc.*		1,409		18,317
Amicus Therapeutics, Inc.*		18,115		203,431
AnaptysBio, Inc.*		1,331		30,906
Anavex Life Sciences Corp.*		4,483		42,992
Anika Therapeutics, Inc.*		957		21,628
Apellis Pharmaceuticals, Inc.*		5,972		361,366
Arbutus Biopharma Corp.*		7,095		15,751
Arcellx, Inc.*		645		11,591
Arcturus Therapeutics Holdings, Inc.*		1,519		21,327
Arcus Biosciences, Inc.*		3,374		81,246
Arcutis Biotherapeutics, Inc.*		2,301		62,012
Arrowhead Pharmaceuticals, Inc.*		6,762		268,519
Atara Biotherapeutics, Inc.*		6,030		24,180
Aura Biosciences, Inc.*(b)		1,204		16,085
Aurinia Pharmaceuticals, Inc.*		8,812		64,856
Avid Bioservices, Inc.*(b)		4,012		69,087
Avidity Biosciences, Inc.*(b)		3,211		63,000
Beam Therapeutics, Inc.*		4,174		227,900
BioCryst Pharmaceuticals, Inc.*		12,185		169,371
Biohaven Pharmaceutical Holding Co. Ltd.*		4,091		610,991
Bioxcel Therapeutics, Inc.*(b)		1,256		17,182
Bluebird Bio, Inc.*		4,700		27,448
Blueprint Medicines Corp.*		3,926		287,462
Bridgebio Pharma, Inc.*		6,872		72,156
C4 Therapeutics, Inc.*		2,763		27,851
CareDx, Inc.*		3,344		65,509
Caribou Biosciences, Inc.*		3,548		35,019
Catalyst Pharmaceuticals, Inc.*		6,293		85,207
Celldex Therapeutics, Inc.*		3,010		91,504
Celularity, Inc., Class A*(b)		1,025		2,778
Century Therapeutics, Inc.*(b)		1,322		13,907
Cerevel Therapeutics Holdings, Inc.*		3,570		103,887
ChemoCentryx, Inc.*		4,151		211,618
Chimerix, Inc.*		5,533		12,173
Chinook Therapeutics, Inc.*		2,869		59,675
Cogent Biosciences, Inc.*		2,930		48,316
Coherus Biosciences, Inc.*		4,838		54,089
Crinetics Pharmaceuticals, Inc.*		3,457		65,268
CTI BioPharma Corp.*(b)		6,084		38,208
Cullinan Oncology, Inc.*		1,959		26,407
Cytokinetics, Inc.*		5,394		285,666
Day One Biopharmaceuticals, Inc.*		1,534		36,034
Deciphera Pharmaceuticals, Inc.*		2,960		48,041
Denali Therapeutics, Inc.*(b)		6,472		179,080
Design Therapeutics, Inc.*		2,225		45,078
Dynavax Technologies Corp.*		7,774		89,168
Dyne Therapeutics, Inc.*		2,081		20,394
Eagle Pharmaceuticals, Inc.*		682		22,349
Editas Medicine, Inc.*(b)		4,538		66,709
Eiger BioPharmaceuticals, Inc.*		2,691		22,228
Emergent BioSolutions, Inc.*		3,309		79,482
Enanta Pharmaceuticals, Inc.*		1,286		78,292
Enochian Biosciences, Inc.*		1,299		3,209
EQRx, Inc.*		8,982		43,922
Erasca, Inc.*(b)		4,260		38,425
Fate Therapeutics, Inc.*		5,460		142,724
FibroGen, Inc.*		5,744		71,455
Foghorn Therapeutics, Inc.*(b)		1,319		13,111
Forma Therapeutics Holdings, Inc.*		2,376		31,838
Gelesis Holdings, Inc.*		649		785
Generation Bio Co.*		3,056		15,647
Geron Corp.*		23,601		62,307
Global Blood Therapeutics, Inc.*		4,093		277,915
Gossamer Bio, Inc.*(b)		4,137		57,711
GreenLight Biosciences Holdings PBC*		923		2,621
Halozyme Therapeutics, Inc.*		8,914		363,067
Heron Therapeutics, Inc.*		6,762		27,657
HilleVax, Inc.*(b)		851		10,135
Humacyte, Inc.*(b)		1,160		4,234
Icosavax, Inc.*(b)		1,462		6,901
Ideaya Biosciences, Inc.*		2,336		22,963
IGM Biosciences, Inc.*(b)		656		12,733
Imago Biosciences, Inc.*		1,728		25,108

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
ImmunityBio, Inc.*(b)		5,377		21,508
ImmunoGen, Inc.*		14,103		81,938
Immunovant, Inc.*		2,631		13,550
Inhibrx, Inc.*		1,918		34,025
Inovio Pharmaceuticals, Inc.*		14,440		33,068
Insmed, Inc.*		7,834		192,873
Instil Bio, Inc.*		4,571		23,769
Intellia Therapeutics, Inc.*		4,953		297,477
Intercept Pharmaceuticals, Inc.*		1,607		27,914
Iovance Biotherapeutics, Inc.*		9,904		106,171
Ironwood Pharmaceuticals, Inc.*		8,978		96,603
iTeos Therapeutics, Inc.*		1,545		34,268
IVERIC bio, Inc.*		7,676		75,532
Janux Therapeutics, Inc.*(b)		1,127		12,194
Jounce Therapeutics, Inc.*		2,769		10,135
KalVista Pharmaceuticals, Inc.*		1,609		26,500
Karuna Therapeutics, Inc.*		1,928		491,756
Karyopharm Therapeutics, Inc.*		5,005		25,325
Keros Therapeutics, Inc.*		1,103		39,013
Kezar Life Sciences, Inc.*		3,055		31,405
Kiniksa Pharmaceuticals Ltd., Class A*		2,048		24,003
Kinnate Biopharma, Inc.*		1,920		27,802
Kodiak Sciences, Inc.*		2,190		21,922
Kronos Bio, Inc.*		2,673		10,692
Krystal Biotech, Inc.*		1,377		96,541
Kura Oncology, Inc.*		4,168		57,768
Kymera Therapeutics, Inc.*		2,484		70,223
Lexicon Pharmaceuticals, Inc.*		4,786		13,162
Ligand Pharmaceuticals, Inc.*		995		91,928
Lyell Immunopharma, Inc.*(b)		11,366		76,152
MacroGenics, Inc.*		3,961		15,725
Madrigal Pharmaceuticals, Inc.*		837		60,364
MannKind Corp.*		16,350		59,677
MeiraGTx Holdings plc*		1,986		16,484
Mersana Therapeutics, Inc.*		5,757		43,178
MiMedx Group, Inc.*		7,412		26,164
Mirum Pharmaceuticals, Inc.*		1,044		26,079
Monte Rosa Therapeutics, Inc.*(b)		1,883		14,913
Morphic Holding, Inc.*		1,691		46,536
Myriad Genetics, Inc.*		5,223		116,682
Nkarta, Inc.*		2,130		30,651
Nurix Therapeutics, Inc.*		2,912		45,806
Nuvalent, Inc., Class A*(b)		1,111		18,754
Ocugen, Inc.*(b)		14,062		36,280
Organogenesis Holdings, Inc.*		4,598		16,507
Outlook Therapeutics, Inc.*(b)		7,782		8,716
Pardes Biosciences, Inc.*		1,862		6,536
PepGen, Inc.*		547		5,197
PMV Pharmaceuticals, Inc.*		2,419		33,672
Point Biopharma Global, Inc.*(b)		4,864		47,424
Praxis Precision Medicines, Inc.*		2,486		7,756
Precigen, Inc.*		6,632		14,657
Prometheus Biosciences, Inc.*		1,921		100,488
Protagonist Therapeutics, Inc.*		3,023		26,361
Prothena Corp. plc*		2,330		64,238
PTC Therapeutics, Inc.*		4,615		230,473
Rallybio Corp.*(b)		1,047		11,569
RAPT Therapeutics, Inc.*		1,707		45,594
Recursion Pharmaceuticals, Inc., Class A*		8,883		93,360
REGENXBIO, Inc.*		2,639		77,851
Relay Therapeutics, Inc.*		5,026		115,447
Replimune Group, Inc.*		1,983		37,796
REVOLUTION Medicines, Inc.*		4,140		86,236
Rigel Pharmaceuticals, Inc.*		11,337		16,099
Rocket Pharmaceuticals, Inc.*		2,875		44,304
Sage Therapeutics, Inc.*		3,421		128,835
Sana Biotechnology, Inc.*(b)		5,846		39,811
Sangamo Therapeutics, Inc.*		7,868		42,487
Seres Therapeutics, Inc.*		4,629		23,793
Sorrento Therapeutics, Inc.*(b)		24,976		51,201
SpringWorks Therapeutics, Inc.*		2,281		63,343
Stoke Therapeutics, Inc.*		1,474		22,198
Sutro Biopharma, Inc.*		2,891		16,363
Syndax Pharmaceuticals, Inc.*		3,400		80,274
Talaris Therapeutics, Inc.*		1,474		4,879
Tango Therapeutics, Inc.*(b)		3,064		12,562
Tenaya Therapeutics, Inc.*		1,837		8,064
TG Therapeutics, Inc.*		8,749		62,380
Travere Therapeutics, Inc.*		4,000		107,040
Twist Bioscience Corp.*		3,687		147,922
Tyra Biosciences, Inc.*(b)		863		5,704
Vanda Pharmaceuticals, Inc.*		3,647		38,585
Vaxart, Inc.*(b)		8,136		25,222
Vaxcyte, Inc.*		3,463		90,592
VBI Vaccines, Inc.*		12,666		11,344
Vera Therapeutics, Inc.*(b)		912		19,818
Veracyte, Inc.*(b)		4,707		96,023
Vericel Corp.*		3,099		77,320
Verve Therapeutics, Inc.*(b)		2,427		93,100
Vir Biotechnology, Inc.*		4,764		113,145
Viridian Therapeutics, Inc.*		1,695		37,646
VistaGen Therapeutics, Inc.*(b)		12,797		2,355
Xencor, Inc.*		3,770		99,490
Y-mAbs Therapeutics, Inc.*		2,412		38,785
Zentalis Pharmaceuticals, Inc.*		2,523		67,642
				12,254,639
Building Products - 0.9%
AAON, Inc.		2,882		165,657
American Woodmark Corp.*		1,085		56,236
Apogee Enterprises, Inc.		1,460		59,626
Caesarstone Ltd.		1,487		15,153
CSW Industrials, Inc.		986		124,828
Gibraltar Industries, Inc.*		2,163		90,522
Griffon Corp.		3,026		94,865
Insteel Industries, Inc.		1,230		35,547
Janus International Group, Inc.*		5,366		55,431
JELD-WEN Holding, Inc.*		5,663		63,142
Masonite International Corp.*		1,481		121,175
PGT Innovations, Inc.*		3,873		81,023
Quanex Building Products Corp.		2,175		48,502
Resideo Technologies, Inc.*		9,501		197,811
Simpson Manufacturing Co., Inc.		2,848		263,839
UFP Industries, Inc.		3,999		317,481
View, Inc.*		7,348		13,079
Zurn Elkay Water Solutions Corp.		8,158		224,998
				2,028,915
Capital Markets - 1.1%
Artisan Partners Asset Management, Inc., Class A		3,949		133,318
AssetMark Financial Holdings, Inc.*		1,415		27,366
Associated Capital Group, Inc., Class A		112		4,434
B Riley Financial, Inc.		1,333		66,343
Bakkt Holdings, Inc.*(b)		3,735		9,674
BGC Partners, Inc., Class A		20,993		84,392

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Shares		Value ($)
Blucora, Inc.*		3,096		62,168
Brightsphere Investment Group, Inc.		2,123		36,282
Cohen & Steers, Inc.		1,669		119,133
Cowen, Inc., Class A		1,726		66,365
Diamond Hill Investment Group, Inc.		198		33,868
Donnelley Financial Solutions, Inc.*		1,818		77,174
Federated Hermes, Inc., Class B		5,768		196,458
Focus Financial Partners, Inc., Class A*		3,811		149,201
GAMCO Investors, Inc., Class A		314		6,352
GCM Grosvenor, Inc., Class A		2,811		22,066
Hamilton Lane, Inc., Class A		2,320		161,426
Houlihan Lokey, Inc.		3,351		262,989
Manning & Napier, Inc.		1,042		13,265
MarketWise, Inc.*(b)		1,119		3,122
Moelis & Co., Class A		4,237		176,513
Open Lending Corp., Class A*		6,930		67,290
Oppenheimer Holdings, Inc., Class A		577		20,945
Perella Weinberg Partners		3,060		22,001
Piper Sandler Cos.		1,141		130,724
PJT Partners, Inc., Class A		1,576		109,091
Pzena Investment Management, Inc., Class A		1,097		10,443
Sculptor Capital Management, Inc.		1,724		16,257
Silvercrest Asset Management Group, Inc., Class A		651		11,633
StepStone Group, Inc., Class A		3,464		94,533
StoneX Group, Inc.*		1,130		104,909
Value Line, Inc.		61		5,003
Victory Capital Holdings, Inc., Class A		1,084		29,030
Virtus Investment Partners, Inc.		469		89,696
WisdomTree Investments, Inc.		8,950		44,840
				2,468,304
Chemicals - 1.6%
AdvanSix, Inc.		1,789		64,869
American Vanguard Corp.		1,919		38,246
Amyris, Inc.*(b)		12,933		38,023
Aspen Aerogels, Inc.*		1,799		23,405
Avient Corp.		5,980		262,103
Balchem Corp.		2,093		275,899
Cabot Corp.		3,654		262,978
Chase Corp.		496		43,727
Danimer Scientific, Inc.*(b)		5,954		26,495
Diversey Holdings Ltd.*		5,135		31,478
Ecovyst, Inc.*		4,204		38,845
FutureFuel Corp.		1,697		12,371
GCP Applied Technologies, Inc.*		3,270		102,743
Hawkins, Inc.		1,273		48,781
HB Fuller Co.		3,487		226,167
Ingevity Corp.*		2,556		179,278
Innospec, Inc.		1,626		151,966
Intrepid Potash, Inc.*		731		34,160
Koppers Holdings, Inc.		1,350		30,821
Kronos Worldwide, Inc.		1,455		18,740
Livent Corp.*		10,647		342,620
LSB Industries, Inc.*		2,084		32,886
Mativ Holdings, Inc.		3,573		84,394
Minerals Technologies, Inc.		2,154		125,492
Origin Materials, Inc.*(b)		6,989		43,681
Orion Engineered Carbons SA		3,975		67,019
Perimeter Solutions SA*		8,004		78,039
PureCycle Technologies, Inc.*(b)		6,981		63,737
Quaker Chemical Corp.		890		155,145
Rayonier Advanced Materials, Inc.*		4,056		18,333
Sensient Technologies Corp.		2,755		219,491
Stepan Co.		1,404		146,339
Tredegar Corp.		1,786		18,235
Trinseo plc		2,375		63,009
Tronox Holdings plc, Class A		7,687		112,461
Valhi, Inc.		159		5,555
				3,487,531
Commercial Services & Supplies - 1.1%
ABM Industries, Inc.		4,405		204,392
ACCO Brands Corp.		6,218		36,873
ACV Auctions, Inc., Class A*		7,407		63,034
Aris Water Solution, Inc., Class A		1,447		24,599
Brady Corp., Class A		3,086		143,622
BrightView Holdings, Inc.*		2,918		29,530
Brink's Co. (The)		3,049		168,549
Casella Waste Systems, Inc., Class A*		3,279		268,648
Cimpress plc*		1,159		38,919
CompX International, Inc.		105		2,517
CoreCivic, Inc., REIT*		7,929		75,563
Deluxe Corp.		2,843		54,699
Ennis, Inc.		1,670		35,454
GEO Group, Inc. (The)*		7,778		63,624
Harsco Corp.*		5,159		29,252
Healthcare Services Group, Inc.		4,869		68,507
Heritage-Crystal Clean, Inc.*		1,030		33,547
HNI Corp.		2,776		88,832
Interface, Inc.		3,848		42,982
KAR Auction Services, Inc.*		7,921		115,647
Kimball International, Inc., Class B		2,375		18,169
Li-Cycle Holdings Corp.*(b)		8,688		62,640
Matthews International Corp., Class A		2,008		50,220
MillerKnoll, Inc.		4,993		138,206
Montrose Environmental Group, Inc.*		1,805		72,579
NL Industries, Inc.		550		4,846
Pitney Bowes, Inc.		11,376		32,877
Quad/Graphics, Inc.*		2,289		7,233
SP Plus Corp.*		1,525		50,539
Steelcase, Inc., Class A		5,661		63,290
UniFirst Corp.		984		177,376
Viad Corp.*		1,335		50,970
VSE Corp.		697		29,169
				2,346,904
Communications Equipment - 0.6%
ADTRAN Holdings, Inc.		4,621		107,392
Aviat Networks, Inc.*		725		22,693
Calix, Inc.*		3,729		219,452
Cambium Networks Corp.*		754		14,673
Casa Systems, Inc.*		2,325		9,021
Clearfield, Inc.*		760		88,244
CommScope Holding Co., Inc.*		13,473		152,245
Comtech Telecommunications Corp.		1,700		19,193
Digi International, Inc.*		2,245		74,332
DZS, Inc.*		1,145		15,240
Extreme Networks, Inc.*		8,396		120,315

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Shares		Value ($)
Harmonic, Inc.*		6,046		68,078
Infinera Corp.*(b)		12,436		68,149
Inseego Corp.*		5,661		15,285
NETGEAR, Inc.*		1,860		43,877
NetScout Systems, Inc.*		4,637		147,178
Ondas Holdings, Inc.*(b)		2,246		10,601
Ribbon Communications, Inc.*		4,750		16,672
Viavi Solutions, Inc.*		14,953		210,538
				1,423,178
Construction & Engineering - 1.0%
Ameresco, Inc., Class A*		2,089		143,828
API Group Corp.*		13,593		211,371
Arcosa, Inc.		3,183		186,046
Argan, Inc.		921		31,857
Comfort Systems USA, Inc.		2,328		233,591
Concrete Pumping Holdings, Inc.*		1,726		11,564
Construction Partners, Inc., Class A*		2,620		76,661
Dycom Industries, Inc.*		1,898		212,804
EMCOR Group, Inc.		3,331		396,123
Fluor Corp.*(b)		9,351		247,240
Granite Construction, Inc.(b)		2,991		89,670
Great Lakes Dredge & Dock Corp.*		4,294		41,094
IES Holdings, Inc.*		577		17,535
Infrastructure and Energy Alternatives, Inc.*		1,998		28,392
MYR Group, Inc.*		1,099		102,141
Northwest Pipe Co.*		642		20,326
NV5 Global, Inc.*		888		124,995
Primoris Services Corp.		3,485		70,641
Sterling Infrastructure, Inc.*		1,923		48,633
Tutor Perini Corp.*		2,763		18,733
				2,313,245
Construction Materials - 0.1%
Summit Materials, Inc., Class A*		7,791		221,420
United States Lime & Minerals, Inc.		133		13,671
				235,091
Consumer Finance - 0.5%
Atlanticus Holdings Corp.*		282		8,029
Bread Financial Holdings, Inc.		3,290		126,435
Consumer Portfolio Services, Inc.*		940		10,942
Curo Group Holdings Corp.		1,444		9,530
Encore Capital Group, Inc.*		1,578		86,285
Enova International, Inc.*		2,092		73,094
EZCORP, Inc., Class A*		3,283		28,726
FirstCash Holdings, Inc.		2,535		197,629
Green Dot Corp., Class A*		3,190		64,725
LendingClub Corp.*		6,648		86,889
LendingTree, Inc.*		689		21,008
Moneylion, Inc.*(b)		9,495		13,578
Navient Corp.		7,629		117,410
Nelnet, Inc., Class A		980		82,555
NerdWallet, Inc., Class A*(b)		1,683		17,486
Oportun Financial Corp.*		1,828		9,341
OppFi, Inc.*(b)		885		2,398
PRA Group, Inc.*		2,607		96,303
PROG Holdings, Inc.*		3,557		65,947
Regional Management Corp.		504		16,980
Sunlight Financial Holdings, Inc.*(b)		1,597		4,887
World Acceptance Corp.*(b)		267		31,036
				1,171,213
Containers & Packaging - 0.2%
Cryptyde, Inc.*(b)		1,207		950
Greif, Inc., Class A		1,697		113,784
Greif, Inc., Class B		354		23,106
Myers Industries, Inc.		2,383		46,039
O-I Glass, Inc.*		10,225		133,027
Pactiv Evergreen, Inc.		2,839		31,513
Ranpak Holdings Corp.*		2,855		15,103
TriMas Corp.		2,783		76,588
				440,110
Distributors - 0.0%(d)
Funko, Inc., Class A*		2,092		46,589
Weyco Group, Inc.		389		9,958
				56,547
Diversified Consumer Services - 0.7%
2U, Inc.*(b)		4,906		34,931
Adtalem Global Education, Inc.*(b)		2,948		111,110
American Public Education, Inc.*		1,231		12,716
Beachbody Co., Inc. (The)*(b)		6,876		7,976
Carriage Services, Inc.		884		31,303
Chegg, Inc.*		8,171		160,805
Coursera, Inc.*		7,408		85,192
Duolingo, Inc.*		1,546		145,355
European Wax Center, Inc., Class A		1,388		30,023
Frontdoor, Inc.*		5,439		127,708
Graham Holdings Co., Class B		247		139,661
Laureate Education, Inc., Class A		7,446		82,055
Nerdy, Inc.*		3,562		10,900
OneSpaWorld Holdings Ltd.*		4,360		38,412
Perdoceo Education Corp.*		4,485		51,936
PowerSchool Holdings, Inc., Class A*		2,995		53,910
Rover Group, Inc.*(b)		6,093		23,214
StoneMor, Inc.*(b)		1,799		6,189
Strategic Education, Inc.		1,511		97,762
Stride, Inc.*(b)		2,667		101,719
Udemy, Inc.*		4,740		70,436
Universal Technical Institute, Inc.*		2,129		14,605
Vivint Smart Home, Inc.*		6,236		39,037
WW International, Inc.*		3,564		18,604
				1,495,559
Diversified Financial Services - 0.2%
Alerus Financial Corp.		996		23,665
A-Mark Precious Metals, Inc.		1,188		36,721
Banco Latinoamericano de Comercio Exterior SA, Class E		1,807		26,382
Cannae Holdings, Inc.*		4,965		107,294
Compass Diversified Holdings		3,979		83,002
Jackson Financial, Inc., Class A		4,963		155,144
SWK Holdings Corp.*		234		4,090
				436,298
Diversified Telecommunication Services - 0.4%
Anterix, Inc.*		797		33,833
ATN International, Inc.		718		33,638
Bandwidth, Inc., Class A*		1,523		23,606
Charge Enterprises, Inc.*(b)		7,104		17,263
Cogent Communications Holdings, Inc.		2,825		150,431
Consolidated Communications Holdings, Inc.*		4,879		28,005
EchoStar Corp., Class A*		2,316		42,638
Globalstar, Inc.*(b)		44,942		89,884

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
IDT Corp., Class B*		954		24,394
Iridium Communications, Inc.*		8,368		371,456
Liberty Latin America Ltd., Class A*		2,542		17,794
Liberty Latin America Ltd., Class C*		10,048		70,035
Ooma, Inc.*		1,505		18,210
Radius Global Infrastructure, Inc.*		4,907		67,569
Starry Group Holdings, Inc., Class A*(b)		1,563		3,517
				992,273
Electric Utilities - 0.5%
ALLETE, Inc.		3,766		222,872
MGE Energy, Inc.		2,391		184,155
Otter Tail Corp.		2,702		204,109
PNM Resources, Inc.		5,614		266,272
Portland General Electric Co.		5,879		303,768
Via Renewables, Inc.(b)		798		6,807
				1,187,983
Electrical Equipment - 1.0%
Allied Motion Technologies, Inc.		851		29,802
Array Technologies, Inc.*		9,905		207,014
Atkore, Inc.*		2,825		238,458
AZZ, Inc.		1,612		68,687
Babcock & Wilcox Enterprises, Inc.*		3,913		31,226
Blink Charging Co.*(b)		2,427		51,865
Bloom Energy Corp., Class A*		11,547		293,409
Encore Wire Corp.		1,250		162,625
Energy Vault Holdings, Inc.*		1,654		9,114
EnerSys		2,719		169,584
Enovix Corp.*		7,147		158,092
ESS Tech, Inc.*(b)		5,301		23,536
Fluence Energy, Inc.*(b)		2,361		47,102
FTC Solar, Inc.*		2,721		11,265
FuelCell Energy, Inc.*		24,272		101,700
GrafTech International Ltd.		12,912		75,923
Heliogen, Inc.*(b)		1,258		3,019
NuScale Power Corp.*(b)		1,126		15,449
Powell Industries, Inc.		600		14,796
Preformed Line Products Co.		164		12,759
Shoals Technologies Group, Inc., Class A*		7,347		193,740
Stem, Inc.*		9,468		148,837
Thermon Group Holdings, Inc.*		2,176		38,189
TPI Composites, Inc.*		2,403		44,672
Vicor Corp.*		1,446		102,868
				2,253,731
Electronic Equipment, Instruments & Components - 1.6%
908 Devices, Inc.*		1,437		28,956
Advanced Energy Industries, Inc.		2,468		221,602
Aeva Technologies, Inc.*		6,365		19,604
AEye, Inc.*(b)		1,736		2,673
Akoustis Technologies, Inc.*		3,415		14,958
Arlo Technologies, Inc.*		5,587		34,025
Badger Meter, Inc.		1,921		181,899
Belden, Inc.		2,885		188,910
Benchmark Electronics, Inc.		2,294		62,970
Cepton, Inc.*		513		903
CTS Corp.		2,083		88,153
ePlus, Inc.*		1,742		82,083
Evolv Technologies Holdings, Inc.*(b)		5,523		12,537
Fabrinet*		2,427		249,593
FARO Technologies, Inc.*		1,202		40,327
Focus Universal, Inc.*		1,163		12,502
Identiv, Inc.*		1,449		21,619
Insight Enterprises, Inc.*		2,064		188,072
Itron, Inc.*		2,965		141,075
Kimball Electronics, Inc.*		1,576		33,947
Knowles Corp.*		5,887		89,188
Lightwave Logic, Inc.*(b)		7,343		58,524
Methode Electronics, Inc.		2,381		96,335
MicroVision, Inc.*(b)		10,877		52,645
Mirion Technologies, Inc.*		8,998		68,115
Napco Security Technologies, Inc.*		1,930		57,244
nLight, Inc.*		2,885		36,034
Novanta, Inc.*		2,334		312,032
OSI Systems, Inc.*		1,064		88,652
Ouster, Inc.*		8,970		13,455
PAR Technology Corp.*		1,742		61,318
PC Connection, Inc.		740		36,763
Plexus Corp.*		1,804		169,089
Rogers Corp.*		1,234		309,142
Sanmina Corp.*		3,943		191,314
ScanSource, Inc.*		1,684		48,785
SmartRent, Inc.*(b)		7,818		25,252
TTM Technologies, Inc.*		6,658		104,730
Velodyne Lidar, Inc.*		12,686		15,858
Vishay Intertechnology, Inc.		8,688		170,893
Vishay Precision Group, Inc.*		816		27,997
				3,659,773
Energy Equipment & Services - 1.1%
Archrock, Inc.		8,894		65,727
Borr Drilling Ltd.*(b)		8,829		35,404
Bristow Group, Inc.*		1,554		45,082
Cactus, Inc., Class A		3,871		154,646
ChampionX Corp.		13,423		292,756
Diamond Offshore Drilling, Inc.*		6,562		46,656
DMC Global, Inc.*		1,234		27,543
Dril-Quip, Inc.*		2,240		49,571
Expro Group Holdings NV*		5,093		68,857
Helix Energy Solutions Group, Inc.*		9,396		40,591
Helmerich & Payne, Inc.		6,754		288,734
Liberty Energy, Inc., Class A*		9,380		140,700
Nabors Industries Ltd.*		595		78,843
National Energy Services Reunited Corp.*		2,506		17,592
Newpark Resources, Inc.*		5,568		16,036
NexTier Oilfield Solutions, Inc.*		11,538		108,111
Noble Corp.*		2,472		75,025
Oceaneering International, Inc.*		6,571		58,153
Oil States International, Inc.*(b)		4,006		19,629
Patterson-UTI Energy, Inc.		14,093		209,986
ProPetro Holding Corp.*		5,738		52,560
RPC, Inc.		4,885		38,836
Select Energy Services, Inc., Class A*		4,691		33,353
Solaris Oilfield Infrastructure, Inc., Class A		2,074		22,192
TETRA Technologies, Inc.*		8,178		32,548
Tidewater, Inc.*		2,504		55,489
US Silica Holdings, Inc.*		4,868		68,298
Valaris Ltd.*		4,003		204,073
Weatherford International plc*		4,644		130,682
				2,477,673

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Shares		Value ($)
Entertainment - 0.2%
Chicken Soup For The Soul Entertainment, Inc.*		1		8
Cinemark Holdings, Inc.*(b)		7,160		100,799
IMAX Corp.*		3,225		50,568
Liberty Media Corp.-Liberty Braves, Class A*		658		18,490
Liberty Media Corp.-Liberty Braves, Class C*		2,476		67,694
Lions Gate Entertainment Corp., Class A*		3,830		37,725
Lions Gate Entertainment Corp., Class B*		7,665		71,514
Madison Square Garden Entertainment Corp.*(b)		1,691		93,952
Marcus Corp. (The)(b)		1,563		25,149
Playstudios, Inc.*		5,206		18,846
Reservoir Media, Inc.*(b)		1,344		8,803
Skillz, Inc.*(b)		20,078		26,704
				520,252
Equity Real Estate Investment Trusts (REITs) - 4.2%
Acadia Realty Trust		6,120		97,492
Agree Realty Corp.		4,881		367,563
Alexander & Baldwin, Inc.		4,759		89,136
Alexander's, Inc.		140		33,166
American Assets Trust, Inc.		3,245		90,081
Apartment Investment and Management Co., Class A*(b)		9,839		86,977
Apple Hospitality REIT, Inc.		14,134		224,872
Armada Hoffler Properties, Inc.		4,409		57,890
Ashford Hospitality Trust, Inc.*		2,260		20,747
Bluerock Residential Growth REIT, Inc.		1,883		50,182
Braemar Hotels & Resorts, Inc.		4,497		23,159
Brandywine Realty Trust		11,151		89,542
Broadstone Net Lease, Inc.		11,120		212,837
BRT Apartments Corp.		778		18,571
CareTrust REIT, Inc.		6,343		136,628
CatchMark Timber Trust, Inc., Class A		3,218		34,272
CBL & Associates Properties, Inc.		1,749		50,616
Centerspace		1,010		76,134
Chatham Lodging Trust*		3,149		38,292
City Office REIT, Inc.		2,804		32,386
Clipper Realty, Inc.		786		6,610
Community Healthcare Trust, Inc.		1,557		57,438
Corporate Office Properties Trust		7,401		191,242
CTO Realty Growth, Inc.		1,172		24,741
DiamondRock Hospitality Co.*		13,780		120,299
Diversified Healthcare Trust		15,627		22,815
Easterly Government Properties, Inc.		5,989		107,503
Empire State Realty Trust, Inc., Class A		9,076		63,260
Equity Commonwealth*		7,089		186,512
Essential Properties Realty Trust, Inc.		8,577		194,183
Farmland Partners, Inc.		3,009		43,661
Four Corners Property Trust, Inc.		5,266		141,603
Franklin Street Properties Corp.		6,488		18,231
Getty Realty Corp.		2,771		83,352
Gladstone Commercial Corp.		2,516		47,980
Gladstone Land Corp.		2,117		49,771
Global Medical REIT, Inc.		4,009		43,458
Global Net Lease, Inc.		6,846		94,269
Hersha Hospitality Trust*		2,064		20,021
Independence Realty Trust, Inc.		14,564		283,270
Indus Realty Trust, Inc.		350		21,497
Industrial Logistics Properties Trust		4,269		31,975
Innovative Industrial Properties, Inc.		1,825		167,389
InvenTrust Properties Corp.		4,451		116,883
iStar, Inc.		4,353		59,941
Kite Realty Group Trust		14,314		277,119
LTC Properties, Inc.		2,558		114,829
LXP Industrial Trust(b)		18,586		186,975
Macerich Co. (The)		14,151		135,425
National Health Investors, Inc.		2,900		189,979
Necessity Retail REIT, Inc. (The)		8,780		65,499
NETSTREIT Corp.(b)		3,162		62,165
NexPoint Residential Trust, Inc.		1,491		78,755
Office Properties Income Trust		3,148		55,310
One Liberty Properties, Inc.(b)		1,072		25,889
Orion Office REIT, Inc.		3,748		36,993
Outfront Media, Inc.		9,620		170,274
Paramount Group, Inc.		12,262		84,976
Pebblebrook Hotel Trust		8,534		150,369
Phillips Edison & Co., Inc.		7,513		245,450
Physicians Realty Trust		14,781		246,251
Piedmont Office Realty Trust, Inc., Class A		8,075		95,123
Plymouth Industrial REIT, Inc.		2,476		50,188
Postal Realty Trust, Inc., Class A		1,163		17,271
PotlatchDeltic Corp.		4,488		208,333
Retail Opportunity Investments Corp.		7,922		132,693
RLJ Lodging Trust		10,802		130,272
RPT Realty		5,484		52,811
Ryman Hospitality Properties, Inc.*		3,536		290,730
Sabra Health Care REIT, Inc.		15,164		227,005
Safehold, Inc.		1,426		54,231
Saul Centers, Inc.		775		34,325
Service Properties Trust		10,790		73,804
SITE Centers Corp.		12,796		165,836
STAG Industrial, Inc.		11,852		365,042
Summit Hotel Properties, Inc.		6,882		54,092
Sunstone Hotel Investors, Inc.*		14,126		153,832
Tanger Factory Outlet Centers, Inc.		6,661		102,713
Terreno Realty Corp.		4,883		297,814
UMH Properties, Inc.		3,254		58,702
Uniti Group, Inc.		15,590		146,390
Universal Health Realty Income Trust		843		42,900
Urban Edge Properties		7,517		118,242
Urstadt Biddle Properties, Inc., Class A		1,953		32,654
Veris Residential, Inc.*		5,659		76,057
Washington REIT		5,743		112,620
Whitestone REIT		3,073		30,238
Xenia Hotels & Resorts, Inc.*		7,515		119,188
				9,397,811
Food & Staples Retailing - 0.4%
Andersons, Inc. (The)		2,105		77,948
Chefs' Warehouse, Inc. (The)*		2,240		74,682
HF Foods Group, Inc.*		2,376		12,094
Ingles Markets, Inc., Class A		934		81,753
Natural Grocers by Vitamin Cottage, Inc.		610		8,760

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Shares		Value ($)
PriceSmart, Inc.		1,617		102,307
Rite Aid Corp.*		3,584		25,733
SpartanNash Co.		2,347		71,419
Sprouts Farmers Market, Inc.*		7,209		208,340
United Natural Foods, Inc.*		3,819		168,341
Village Super Market, Inc., Class A		556		12,221
Weis Markets, Inc.		1,080		83,927
				927,525
Food Products - 0.9%
Alico, Inc.		413		14,021
AppHarvest, Inc.*(b)		4,692		13,513
B&G Foods, Inc.(b)		4,467		96,755
Benson Hill, Inc.*(b)		11,248		39,930
Beyond Meat, Inc.*(b)		4,033		98,405
BRC, Inc., Class A*		1,686		16,438
Calavo Growers, Inc.		1,133		47,631
Cal-Maine Foods, Inc.		2,491		133,543
Fresh Del Monte Produce, Inc.		2,005		54,817
Hain Celestial Group, Inc. (The)*		4,941		100,105
Hostess Brands, Inc.*		9,059		209,988
J & J Snack Foods Corp.		999		148,881
John B Sanfilippo & Son, Inc.		586		47,308
Lancaster Colony Corp.		1,277		215,238
Landec Corp.*		1,721		18,070
Local Bounti Corp.*(b)		1,232		4,583
Mission Produce, Inc.*		2,632		42,375
Seneca Foods Corp., Class A*		384		20,287
Simply Good Foods Co. (The)*		5,916		180,734
Sovos Brands, Inc.*		1,871		28,570
SunOpta, Inc.*		6,416		63,711
Tattooed Chef, Inc.*(b)		3,216		21,419
Tootsie Roll Industries, Inc.		999		35,794
TreeHouse Foods, Inc.*		3,341		155,691
Utz Brands, Inc.		4,317		71,921
Vital Farms, Inc.*		1,962		25,408
Whole Earth Brands, Inc.*		2,670		13,644
				1,918,780
Gas Utilities - 0.9%
Brookfield Infrastructure Corp., Class A(b)		6,433		306,211
Chesapeake Utilities Corp.		1,144		144,487
New Jersey Resources Corp.		6,324		279,141
Northwest Natural Holding Co.		2,240		106,646
ONE Gas, Inc.		3,533		276,528
South Jersey Industries, Inc.		8,069		273,136
Southwest Gas Holdings, Inc.		4,337		337,635
Spire, Inc.		3,349		234,062
				1,957,846
Health Care Equipment & Supplies - 2.9%
Alphatec Holdings, Inc.*		4,629		35,134
AngioDynamics, Inc.*		2,444		54,110
Artivion, Inc.*		2,558		56,685
AtriCure, Inc.*		2,994		136,586
Atrion Corp.		90		54,356
Avanos Medical, Inc.*		3,097		76,279
Axogen, Inc.*		2,664		24,962
Axonics, Inc.*		3,085		222,891
BioLife Solutions, Inc.*		2,215		52,296
Bioventus, Inc., Class A*(b)		2,076		15,176
Butterfly Network, Inc.*(b)		8,732		54,400
Cardiovascular Systems, Inc.*		2,608		34,452
Cerus Corp.*		11,337		46,595
CONMED Corp.		1,854		164,209
CryoPort, Inc.*		2,926		95,563
Cue Health, Inc.*		7,080		23,576
Cutera, Inc.*		1,089		52,000
Embecta Corp.		3,768		120,275
Figs, Inc., Class A*		8,377		96,838
Glaukos Corp.*		3,006		145,941
Haemonetics Corp.*		3,336		250,300
Heska Corp.*		634		57,738
Inari Medical, Inc.*		3,170		219,840
Inogen, Inc.*		1,510		43,231
Inspire Medical Systems, Inc.*(b)		1,788		342,384
Integer Holdings Corp.*		2,164		136,483
iRadimed Corp.		468		15,701
iRhythm Technologies, Inc.*		1,961		289,149
Lantheus Holdings, Inc.*		4,489		353,733
LeMaitre Vascular, Inc.		1,280		63,206
LivaNova plc*		3,527		198,394
Meridian Bioscience, Inc.*		2,823		92,002
Merit Medical Systems, Inc.*		3,672		217,493
Mesa Laboratories, Inc.		332		56,726
Nano-X Imaging Ltd.*		2,761		36,749
Neogen Corp.*(b)		7,110		148,599
Nevro Corp.*		2,292		103,873
NuVasive, Inc.*		3,440		146,234
Omnicell, Inc.*		2,886		295,209
OraSure Technologies, Inc.*		4,800		19,632
Orthofix Medical, Inc.*		1,273		25,333
OrthoPediatrics Corp.*		945		46,390
Outset Medical, Inc.*		3,148		57,577
Owlet, Inc.*(b)		1,083		1,754
Paragon 28, Inc.*(b)		3,030		53,177
PROCEPT BioRobotics Corp.*		1,682		68,087
Pulmonx Corp.*		2,247		41,277
RxSight, Inc.*		1,353		16,926
SeaSpine Holdings Corp.*		2,329		14,906
Senseonics Holdings, Inc.*(b)		30,092		53,564
Shockwave Medical, Inc.*		2,338		694,059
SI-BONE, Inc.*		2,204		36,366
Sight Sciences, Inc.*		1,414		9,856
Silk Road Medical, Inc.*		2,271		90,454
STAAR Surgical Co.*		3,150		297,959
Surmodics, Inc.*		895		30,153
Tactile Systems Technology, Inc.*		1,274		10,511
Tenon Medical, Inc.*		214		430
TransMedics Group, Inc.*		1,766		91,885
Treace Medical Concepts, Inc.*		2,191		43,886
UFP Technologies, Inc.*		448		41,660
Utah Medical Products, Inc.		226		20,769
Varex Imaging Corp.*		2,538		53,526
Vicarious Surgical, Inc.*(b)		3,584		13,368
ViewRay, Inc.*		9,727		33,266
Zimvie, Inc.*		1,367		20,806
Zynex, Inc.		1,476		13,195
				6,530,140
Health Care Providers & Services - 2.1%
1Life Healthcare, Inc.*		11,846		203,870
23andMe Holding Co.*(b)		11,294		38,061
Accolade, Inc.*		3,836		39,051
AdaptHealth Corp.*		4,745		85,268
Addus HomeCare Corp.*		1,015		90,558
Agiliti, Inc.*		1,803		28,956
AirSculpt Technologies, Inc.		813		7,089
Alignment Healthcare, Inc.*		5,541		84,279
AMN Healthcare Services, Inc.*		2,939		301,659

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Shares		Value ($)
Apollo Medical Holdings, Inc.*		2,557		110,283
ATI Physical Therapy, Inc.*		4,916		4,424
Aveanna Healthcare Holdings, Inc.*		2,926		5,325
Brookdale Senior Living, Inc.*		12,218		53,759
Cano Health, Inc.*		10,634		65,612
CareMax, Inc.*		3,918		26,799
Castle Biosciences, Inc.*		1,562		45,298
Clover Health Investments Corp.*(b)		25,065		65,420
Community Health Systems, Inc.*		8,217		21,857
CorVel Corp.*		589		91,519
Covetrus, Inc.*		6,953		145,109
Cross Country Healthcare, Inc.*		2,404		61,014
DocGo, Inc.*		5,290		53,958
Ensign Group, Inc. (The)		3,540		301,962
Fulgent Genetics, Inc.*		1,415		61,510
Hanger, Inc.*		2,487		46,333
HealthEquity, Inc.*		5,453		360,334
Hims & Hers Health, Inc.*		7,973		50,708
Innovage Holding Corp.*(b)		1,257		4,613
Invitae Corp.*(b)		15,123		45,974
Joint Corp. (The)*		924		16,854
LHC Group, Inc.*		1,960		316,481
LifeStance Health Group, Inc.*		4,747		29,859
ModivCare, Inc.*		831		90,014
National HealthCare Corp.		826		57,366
National Research Corp.		940		32,063
Oncology Institute, Inc. (The)*(b)		1,235		7,842
OPKO Health, Inc.*		26,522		57,818
Option Care Health, Inc.*		10,161		314,585
Owens & Minor, Inc.		4,847		143,035
P3 Health Partners, Inc.*(b)		1,672		8,226
Patterson Cos., Inc.		5,727		159,726
Pediatrix Medical Group, Inc.*		5,645		100,594
Pennant Group, Inc. (The)*		1,715		26,874
PetIQ, Inc.*		1,799		16,803
Privia Health Group, Inc.*		2,848		113,322
Progyny, Inc.*		4,916		197,672
R1 RCM, Inc.*		8,878		193,984
RadNet, Inc.*		3,215		64,589
Select Medical Holdings Corp.		7,095		181,916
Sema4 Holdings Corp.*(b)		10,387		10,595
Surgery Partners, Inc.*(b)		2,606		71,743
US Physical Therapy, Inc.		845		69,805
				4,782,368
Health Care Technology - 0.4%
Allscripts Healthcare Solutions, Inc.*		7,484		127,228
American Well Corp., Class A*(b)		15,068		68,559
Babylon Holdings Ltd., Class A*(b)		7,155		5,102
Computer Programs and Systems, Inc.*		937		28,588
Convey Health Solutions Holdings, Inc.*		1,060		11,119
Evolent Health, Inc., Class A*		5,385		197,899
Health Catalyst, Inc.*		3,551		42,612
HealthStream, Inc.*		1,588		35,142
Multiplan Corp.*		24,824		87,381
NextGen Healthcare, Inc.*		3,656		62,664
Nutex Health, Inc.*(b)		2,549		6,857
OptimizeRx Corp.*		1,162		18,441
Phreesia, Inc.*		3,227		82,805
Schrodinger, Inc.*		3,545		97,275
Sharecare, Inc.*		4,033		7,380
Simulations Plus, Inc.		1,025		61,551
				940,603
Hotels, Restaurants & Leisure - 1.6%
Accel Entertainment, Inc.*		3,860		36,323
Bally's Corp.*(b)		2,618		62,020
Biglari Holdings, Inc., Class B*		48		6,473
BJ's Restaurants, Inc.*		1,490		37,369
Bloomin' Brands, Inc.		5,800		117,276
Bluegreen Vacations Holding Corp.		843		17,568
Bowlero Corp.*(b)		2,555		30,200
Brinker International, Inc.*		2,854		69,952
Century Casinos, Inc.*		1,791		13,200
Cheesecake Factory, Inc. (The)		3,269		100,097
Chuy's Holdings, Inc.*		1,239		27,667
Cracker Barrel Old Country Store, Inc.		1,524		164,501
Dave & Buster's Entertainment, Inc.*		2,820		116,579
Denny's Corp.*		3,944		37,271
Dine Brands Global, Inc.		1,038		69,131
El Pollo Loco Holdings, Inc.*		1,282		11,602
Everi Holdings, Inc.*		5,774		106,819
F45 Training Holdings, Inc.*(b)		2,378		5,945
First Watch Restaurant Group, Inc.*		651		10,917
Full House Resorts, Inc.*		2,160		14,558
Golden Entertainment, Inc.*		1,343		51,383
Hilton Grand Vacations, Inc.*		5,891		240,235
Inspirato, Inc.*		676		1,886
Inspired Entertainment, Inc.*		1,455		15,234
International Game Technology plc		6,546		117,435
Jack in the Box, Inc.		1,390		111,005
Krispy Kreme, Inc.(b)		4,718		55,437
Kura Sushi USA, Inc., Class A*		304		22,727
Life Time Group Holdings, Inc.*		2,761		32,718
Light & Wonder, Inc.*		6,429		316,500
Lindblad Expeditions Holdings, Inc.*		2,117		16,364
Monarch Casino & Resort, Inc.*		873		52,720
NEOGAMES SA*		863		13,799
Noodles & Co., Class A*		2,687		12,763
ONE Group Hospitality, Inc. (The)*		1,482		10,582
Papa John's International, Inc.		2,170		175,401
Portillo's, Inc., Class A*		1,306		28,758
RCI Hospitality Holdings, Inc.		580		37,822
Red Rock Resorts, Inc., Class A		3,505		133,961
Rush Street Interactive, Inc.*(b)		3,990		19,312
Ruth's Hospitality Group, Inc.		2,144		39,064
SeaWorld Entertainment, Inc.*		2,969		149,192
Shake Shack, Inc., Class A*		2,463		117,387
Sonder Holdings, Inc.*		2,870		5,338
Sweetgreen, Inc., Class A*		884		14,948
Target Hospitality Corp.*(b)		2,006		26,660
Texas Roadhouse, Inc.		4,492		398,710
Vacasa, Inc., Class A*		2,687		10,748
Wingstop, Inc.		1,969		224,190
Xponential Fitness, Inc., Class A*		1,114		20,420
				3,528,167
Household Durables - 1.1%
Aterian, Inc.*		4,002		9,125
Beazer Homes USA, Inc.*		1,958		27,882
Cavco Industries, Inc.*		603		141,108

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Shares		Value ($)
Century Communities, Inc.		1,921		89,691
Dream Finders Homes, Inc., Class A*		1,377		17,006
Ethan Allen Interiors, Inc.		1,486		35,322
GoPro, Inc., Class A*		8,590		52,313
Green Brick Partners, Inc.*		1,877		45,724
Helen of Troy Ltd.*		1,561		192,986
Hovnanian Enterprises, Inc., Class A*		339		13,590
Installed Building Products, Inc.		1,594		144,353
iRobot Corp.*(b)		1,764		103,864
KB Home		5,259		150,670
Landsea Homes Corp.*		687		4,603
La-Z-Boy, Inc.		2,823		74,499
Legacy Housing Corp.*		574		9,810
LGI Homes, Inc.*(b)		1,371		130,122
Lifetime Brands, Inc.		840		7,493
Lovesac Co. (The)*		914		28,197
M/I Homes, Inc.*		1,805		78,048
MDC Holdings, Inc.		3,758		116,799
Meritage Homes Corp.*		2,386		186,943
Purple Innovation, Inc.*(b)		3,607		10,316
Skyline Champion Corp.*		3,505		198,628
Snap One Holdings Corp.*(b)		1,183		13,238
Sonos, Inc.*		8,384		126,095
Taylor Morrison Home Corp., Class A*		7,591		190,610
Traeger, Inc.*		2,104		5,555
Tri Pointe Homes, Inc.*		6,745		116,891
Tupperware Brands Corp.*		2,989		33,596
Universal Electronics, Inc.*		795		17,673
Vizio Holding Corp., Class A*(b)		4,458		47,790
Vuzix Corp.*(b)		3,896		29,259
Weber, Inc., Class A(b)		1,774		12,737
				2,462,536
Household Products - 0.2%
Central Garden & Pet Co.*		648		25,868
Central Garden & Pet Co., Class A*		2,679		101,159
Energizer Holdings, Inc.		4,381		123,106
WD-40 Co.		897		169,677
				419,810
Independent Power and Renewable Electricity Producers - 0.4%
Altus Power, Inc.*		2,752		28,841
Clearway Energy, Inc., Class A		2,288		78,890
Clearway Energy, Inc., Class C(b)		5,389		199,932
Montauk Renewables, Inc.*		4,231		75,100
Ormat Technologies, Inc.		2,979		278,477
Sunnova Energy International, Inc.*(b)		6,523		164,510
				825,750
Industrial Conglomerates - 0.0%(d)
Brookfield Business Corp., Class A(b)		1,706		41,490
Insurance - 1.4%
Ambac Financial Group, Inc.*		3,011		45,436
American Equity Investment Life Holding Co.		5,119		194,522
AMERISAFE, Inc.		1,254		59,966
Argo Group International Holdings Ltd.		2,086		40,948
Bright Health Group, Inc.*(b)		12,682		19,150
BRP Group, Inc., Class A*		3,842		120,639
CNO Financial Group, Inc.		7,555		139,088
Crawford & Co., Class A		1,105		6,718
Donegal Group, Inc., Class A		988		14,346
eHealth, Inc.*		1,601		10,246
Employers Holdings, Inc.		1,813		70,997
Enstar Group Ltd.*		760		143,830
Genworth Financial, Inc., Class A*		33,442		141,125
Goosehead Insurance, Inc., Class A*		1,251		65,052
Greenlight Capital Re Ltd., Class A*		1,717		13,547
HCI Group, Inc.(b)		475		22,700
Hippo Holdings, Inc.*		16,724		16,222
Horace Mann Educators Corp.		2,733		97,760
Investors Title Co.		86		12,672
James River Group Holdings Ltd.		2,415		57,380
Kinsale Capital Group, Inc.		1,422		360,591
Lemonade, Inc.*(b)		2,646		58,530
MBIA, Inc.*		3,155		37,198
Mercury General Corp.		1,758		56,080
National Western Life Group, Inc., Class A		150		28,547
NI Holdings, Inc.*		556		7,300
Oscar Health, Inc., Class A*		7,760		51,449
Palomar Holdings, Inc.*		1,596		126,547
ProAssurance Corp.		3,542		75,763
RLI Corp.		2,565		281,534
Root, Inc., Class A*(b)		509		6,307
Safety Insurance Group, Inc.		935		84,197
Selective Insurance Group, Inc.		3,921		311,406
Selectquote, Inc.*		8,784		9,750
SiriusPoint Ltd.*		6,053		27,057
Stewart Information Services Corp.		1,763		89,278
Tiptree, Inc.		1,564		18,690
Trean Insurance Group, Inc.*		1,485		6,608
Trupanion, Inc.*		2,563		180,897
United Fire Group, Inc.		1,403		41,290
Universal Insurance Holdings, Inc.		1,718		20,513
				3,171,876
Interactive Media & Services - 0.5%
Arena Group Holdings, Inc. (The)*(b)		745		7,837
Bumble, Inc., Class A*		5,668		141,984
Cargurus, Inc.*		6,704		125,365
Cars.com, Inc.*		4,551		58,025
DHI Group, Inc.*		2,810		14,331
Eventbrite, Inc., Class A*		5,065		36,012
EverQuote, Inc., Class A*		1,274		11,020
fuboTV, Inc.*(b)		11,704		42,369
Leafly Holdings, Inc.*		287		454
MediaAlpha, Inc., Class A*		1,561		13,034
Outbrain, Inc.*(b)		2,625		11,576
QuinStreet, Inc.*		3,410		40,954
Shutterstock, Inc.		1,594		88,324
TrueCar, Inc.*		6,096		13,289
Vimeo, Inc.*		9,405		55,678
Vinco Ventures, Inc.*(b)		12,057		11,695
Wejo Group Ltd.*(b)		1,509		1,705
Yelp, Inc.*		4,518		154,380
Ziff Davis, Inc.*		3,001		231,917
ZipRecruiter, Inc., Class A*		5,249		87,553
				1,147,502
Internet & Direct Marketing Retail - 0.3%
1-800-Flowers.com, Inc., Class A*		1,767		15,338

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
1stdibs.com, Inc.*		1,534		10,385
aka Brands Holding Corp.*(b)		735		1,529
BARK, Inc.*		3,386		7,856
Boxed, Inc.*		760		806
CarParts.com, Inc.*		3,337		21,624
ContextLogic, Inc., Class A*(b)		37,388		48,604
Duluth Holdings, Inc., Class B*		858		7,610
Groupon, Inc.*(b)		1,416		14,033
Lands' End, Inc.*		1,003		13,861
Liquidity Services, Inc.*		1,623		28,386
Lulu's Fashion Lounge Holdings, Inc.*(b)		384		2,450
Overstock.com, Inc.*		2,799		73,054
PetMed Express, Inc.		1,325		27,255
Porch Group, Inc.*		5,302		11,399
Poshmark, Inc., Class A*		3,019		32,666
Quotient Technology, Inc.*		5,873		10,924
Qurate Retail, Inc., Series A		23,002		71,306
RealReal, Inc. (The)*(b)		5,593		11,969
Rent the Runway, Inc., Class A*(b)		3,070		13,662
Revolve Group, Inc.*		2,682		63,000
RumbleON, Inc., Class B*		680		14,858
Stitch Fix, Inc., Class A*		5,340		26,807
ThredUp, Inc., Class A*		3,857		9,295
Vivid Seats, Inc., Class A(b)		1,625		13,146
Xometry, Inc., Class A*		2,219		108,753
				660,576
IT Services - 1.5%
AvidXchange Holdings, Inc.*		9,631		75,025
BigCommerce Holdings, Inc., Series 1*		4,213		70,231
Brightcove, Inc.*		2,703		17,948
Cantaloupe, Inc.*		3,838		24,448
Cass Information Systems, Inc.		883		32,388
Cerberus Cyber Sentinel Corp.*		3,001		8,163
Conduent, Inc.*		11,153		45,616
Core Scientific, Inc.*(b)		14,376		31,627
CSG Systems International, Inc.		2,103		121,659
Cyxtera Technologies, Inc.*(b)		2,798		17,739
DigitalOcean Holdings, Inc.*(b)		5,014		211,039
Edgio, Inc.*		9,021		33,197
EVERTEC, Inc.		3,949		132,686
Evo Payments, Inc., Class A*		3,107		103,525
ExlService Holdings, Inc.*		2,128		356,887
Fastly, Inc., Class A*		7,330		68,535
Flywire Corp.*		3,632		90,292
Grid Dynamics Holdings, Inc.*		3,192		64,510
Hackett Group, Inc. (The)		1,770		36,338
I3 Verticals, Inc., Class A*		1,447		33,802
IBEX Holdings Ltd.*		371		6,259
Information Services Group, Inc.		2,335		13,473
International Money Express, Inc.*		2,135		47,824
Marqeta, Inc., Class A*		28,521		222,179
Maximus, Inc.		4,036		244,541
MoneyGram International, Inc.*		6,161		63,458
Paya Holdings, Inc.*		5,748		36,040
Payoneer Global, Inc.*		14,222		94,150
Paysafe Ltd.*		22,218		36,660
Perficient, Inc.*		2,245		175,335
PFSweb, Inc.*(b)		1,085		10,264
Priority Technology Holdings, Inc.*		1,177		4,708
Rackspace Technology, Inc.*		3,784		16,877
Remitly Global, Inc.*		5,525		60,775
Repay Holdings Corp.*		5,756		53,473
Sabre Corp.*		21,425		154,046
SolarWinds Corp.*		3,173		28,779
Squarespace, Inc., Class A*		2,059		43,239
StoneCo Ltd., Class A*		18,207		172,602
TTEC Holdings, Inc.		1,239		64,862
Tucows, Inc., Class A*(b)		651		30,590
Unisys Corp.*		4,351		40,508
Verra Mobility Corp.*(b)		9,599		153,008
				3,349,305
Leisure Products - 0.3%
Acushnet Holdings Corp.		2,249		107,165
AMMO, Inc.*(b)		5,741		21,873
Callaway Golf Co.*		9,191		203,397
Clarus Corp.(b)		1,896		28,762
Johnson Outdoors, Inc., Class A		350		21,399
Latham Group, Inc.*		2,888		16,490
Malibu Boats, Inc., Class A*		1,362		81,761
Marine Products Corp.		546		5,422
MasterCraft Boat Holdings, Inc.*		1,201		28,932
Smith & Wesson Brands, Inc.		2,984		39,687
Solo Brands, Inc., Class A*(b)		1,445		5,997
Sturm Ruger & Co., Inc.		1,133		59,199
Vista Outdoor, Inc.*		3,671		103,229
				723,313
Life Sciences Tools & Services - 0.5%
AbCellera Biologics, Inc.*		13,603		145,280
Absci Corp.*(b)		3,461		11,664
Adaptive Biotechnologies Corp.*		7,323		65,321
Akoya Biosciences, Inc.*		1,036		11,810
Alpha Teknova, Inc.*		413		1,863
Berkeley Lights, Inc.*		3,670		13,469
Bionano Genomics, Inc.*(b)		19,178		47,561
Codexis, Inc.*		4,021		28,187
Cytek Biosciences, Inc.*		7,501		87,387
Inotiv, Inc.*		1,144		22,388
MaxCyte, Inc.*		5,715		29,718
Medpace Holdings, Inc.*		1,811		267,322
NanoString Technologies, Inc.*		3,051		41,371
Nautilus Biotechnology, Inc.*(b)		3,132		6,922
NeoGenomics, Inc.*		8,158		81,988
Pacific Biosciences of California, Inc.*(b)		14,838		86,951
Quanterix Corp.*		2,230		20,850
Quantum-Si, Inc.*(b)		6,000		18,720
Science 37 Holdings, Inc.*		4,091		6,464
Seer, Inc.*		3,389		34,229
Singular Genomics Systems, Inc.*		3,663		9,780
SomaLogic, Inc.*		9,831		36,178
				1,075,423
Machinery - 2.6%
Alamo Group, Inc.		661		86,432
Albany International Corp., Class A		2,075		182,994
Altra Industrial Motion Corp.		4,270		162,046
Astec Industries, Inc.		1,500		57,270
Barnes Group, Inc.		3,216		99,857
Berkshire Grey, Inc.*(b)		3,207		6,478
Blue Bird Corp.*		1,148		13,627
Chart Industries, Inc.*		2,412		467,590
CIRCOR International, Inc.*		1,214		19,788
Columbus McKinnon Corp.		1,839		56,329
Desktop Metal, Inc., Class A*(b)		17,371		55,240
Douglas Dynamics, Inc.		1,477		42,981

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Energy Recovery, Inc.*		3,665		84,075
Enerpac Tool Group Corp.		3,999		77,581
EnPro Industries, Inc.		1,368		123,886
ESCO Technologies, Inc.		1,692		137,780
Evoqua Water Technologies Corp.*		7,729		271,133
Fathom Digital Manufacturing Corp.*		664		2,523
Federal Signal Corp.		3,925		156,490
Franklin Electric Co., Inc.		3,029		263,069
Gorman-Rupp Co. (The)		1,494		39,456
Greenbrier Cos., Inc. (The)		2,092		59,643
Helios Technologies, Inc.		2,138		116,778
Hillenbrand, Inc.		4,771		198,808
Hillman Solutions Corp.*		8,841		74,176
Hydrofarm Holdings Group, Inc.*		2,869		9,755
Hyliion Holdings Corp.*(b)		8,718		30,600
Hyster-Yale Materials Handling, Inc.		713		20,770
Hyzon Motors, Inc.*(b)		5,769		12,288
John Bean Technologies Corp.(b)		2,077		214,471
Kadant, Inc.		762		136,726
Kennametal, Inc.		5,432		127,326
Lightning eMotors, Inc.*(b)		2,573		7,307
Lindsay Corp.		722		115,780
Luxfer Holdings plc		1,836		30,202
Manitowoc Co., Inc. (The)*		2,280		21,774
Markforged Holding Corp.*		7,234		17,579
Microvast Holdings, Inc.*(b)		11,202		27,557
Miller Industries, Inc.		728		17,115
Mueller Industries, Inc.		3,676		232,213
Mueller Water Products, Inc., Class A		10,245		115,564
Nikola Corp.*(b)		19,182		102,815
Omega Flex, Inc.		215		21,719
Proterra, Inc.*(b)		14,525		87,731
Proto Labs, Inc.*		1,809		69,466
RBC Bearings, Inc.*(b)		1,875		451,275
REV Group, Inc.		2,288		26,358
Sarcos Technology and Robotics Corp.*(b)		4,985		16,351
Shyft Group, Inc. (The)		2,268		54,319
SPX Technologies, Inc.*		2,909		165,987
Standex International Corp.		784		70,881
Tennant Co.		1,217		73,446
Terex Corp.		4,477		148,726
Titan International, Inc.*		3,361		47,155
Trinity Industries, Inc.		5,485		133,724
Velo3D, Inc.*(b)		3,705		15,968
Wabash National Corp.		3,194		52,541
Watts Water Technologies, Inc., Class A		1,798		249,059
Xos, Inc.*(b)		3,596		5,466
				5,786,044
Marine - 0.2%
Costamare, Inc.		3,538		39,909
Eagle Bulk Shipping, Inc.		881		38,271
Eneti, Inc.		1,504		12,588
Genco Shipping & Trading Ltd.		2,409		33,027
Golden Ocean Group Ltd.(b)		8,066		77,353
Matson, Inc.		2,633		193,947
Safe Bulkers, Inc.		4,814		15,357
				410,452
Media - 0.7%
AdTheorent Holding Co., Inc.*		1,054		2,783
Advantage Solutions, Inc.*		5,422		19,736
AMC Networks, Inc., Class A*		1,987		53,232
Audacy, Inc.*		7,844		4,327
Boston Omaha Corp., Class A*		1,346		36,113
Cardlytics, Inc.*		2,176		28,810
Clear Channel Outdoor Holdings, Inc.*		23,985		38,376
Cumulus Media, Inc., Class A*		1,214		11,314
Daily Journal Corp.*		79		20,635
Entravision Communications Corp., Class A		3,902		19,822
EW Scripps Co. (The), Class A*		3,843		57,453
Gambling.com Group Ltd.*(b)		569		4,495
Gannett Co., Inc.*		9,461		21,949
Gray Television, Inc.		5,556		106,120
iHeartMedia, Inc., Class A*		7,919		70,083
Innovid Corp.*(b)		1,472		5,402
Integral Ad Science Holding Corp.*		2,509		20,398
John Wiley & Sons, Inc., Class A		2,821		129,851
Loyalty Ventures, Inc.*		1,318		2,781
Magnite, Inc.*		8,598		64,743
PubMatic, Inc., Class A*		2,740		53,622
Scholastic Corp.		1,813		83,235
Sinclair Broadcast Group, Inc., Class A		2,737		60,460
Stagwell, Inc.*(b)		5,131		34,788
TechTarget, Inc.*		1,801		116,885
TEGNA, Inc.		14,638		313,253
Thryv Holdings, Inc.*		1,670		42,719
Urban One, Inc.*		545		2,976
Urban One, Inc., Class D*		790		3,310
WideOpenWest, Inc.*		3,521		62,674
				1,492,345
Metals & Mining - 1.0%
5E Advanced Materials, Inc.*		2,122		31,830
Alpha Metallurgical Resources, Inc.		1,175		184,651
Arconic Corp.*		6,951		175,235
ATI, Inc.*		8,155		244,079
Carpenter Technology Corp.		3,140		106,666
Century Aluminum Co.*		3,413		26,348
Coeur Mining, Inc.*		18,302		50,514
Commercial Metals Co.		7,950		322,055
Compass Minerals International, Inc.		2,253		91,224
Constellium SE*		8,153		108,598
Dakota Gold Corp.*		3,337		11,379
Haynes International, Inc.		803		31,871
Hecla Mining Co.		35,136		138,436
Hycroft Mining Holding Corp.*(b)		9,919		7,936
Kaiser Aluminum Corp.		1,040		74,630
Materion Corp.		1,340		115,655
Novagold Resources, Inc.*		15,712		69,604
Olympic Steel, Inc.		631		16,608
Piedmont Lithium, Inc.*		1,141		69,772
PolyMet Mining Corp.*		1,921		5,994
Ramaco Resources, Inc.		1,471		15,504
Ryerson Holding Corp.		1,089		31,037
Schnitzer Steel Industries, Inc., Class A		1,703		56,267
SunCoke Energy, Inc.		5,475		36,080
TimkenSteel Corp.*		3,048		46,756
Warrior Met Coal, Inc.		3,383		110,117
Worthington Industries, Inc.		2,090		106,569
				2,285,415

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Shares		Value ($)
Mortgage Real Estate Investment Trusts (REITs) - 1.0%
AFC Gamma, Inc.		1,039		18,068
Angel Oak Mortgage, Inc.		783		10,860
Apollo Commercial Real Estate Finance, Inc.		9,244		107,693
Arbor Realty Trust, Inc.		10,206		152,886
Ares Commercial Real Estate Corp.		2,939		38,765
ARMOUR Residential REIT, Inc.		6,747		47,904
Blackstone Mortgage Trust, Inc., Class A		11,187		324,199
BrightSpire Capital, Inc.		6,257		52,559
Broadmark Realty Capital, Inc.		8,554		55,173
Chicago Atlantic Real Estate Finance, Inc.		450		6,872
Chimera Investment Corp.		15,626		132,821
Claros Mortgage Trust, Inc.		6,042		103,258
Dynex Capital, Inc.		2,388		37,038
Ellington Financial, Inc.		3,735		54,830
Franklin BSP Realty Trust, Inc.		5,530		71,337
Granite Point Mortgage Trust, Inc.		3,508		33,045
Hannon Armstrong Sustainable Infrastructure Capital, Inc.(b)		5,598		221,233
Invesco Mortgage Capital, Inc.		2,182		34,678
KKR Real Estate Finance Trust, Inc.		3,400		65,484
Ladder Capital Corp.		7,464		82,552
MFA Financial, Inc.		6,743		73,701
New York Mortgage Trust, Inc.		24,978		69,938
Nexpoint Real Estate Finance, Inc.		514		10,547
Orchid Island Capital, Inc.(b)		2,338		31,612
PennyMac Mortgage Investment Trust		6,042		89,724
Ready Capital Corp.		4,866		63,745
Redwood Trust, Inc.		7,898		61,209
TPG RE Finance Trust, Inc.		4,529		41,939
Two Harbors Investment Corp.(b)		22,699		110,090
				2,203,760
Multiline Retail - 0.1%
Big Lots, Inc.		1,839		37,828
Dillard's, Inc., Class A		282		83,540
Franchise Group, Inc.(b)		1,810		61,341
				182,709
Multi-Utilities - 0.3%
Avista Corp.		4,760		193,399
Black Hills Corp.		4,270		322,300
NorthWestern Corp.		3,571		189,191
Unitil Corp.		1,044		54,382
				759,272
Oil, Gas & Consumable Fuels - 3.3%
Aemetis, Inc.*		1,912		17,437
Alto Ingredients, Inc.*		4,746		20,503
Amplify Energy Corp.*		2,344		17,463
Arch Resources, Inc.		1,001		145,726
Archaea Energy, Inc.*		3,914		77,341
Ardmore Shipping Corp.*		2,289		22,066
Battalion Oil Corp.*		165		2,185
Berry Corp.		5,266		48,184
Brigham Minerals, Inc., Class A		3,350		99,663
California Resources Corp.		5,140		256,794
Callon Petroleum Co.*		3,233		137,597
Centennial Resource Development, Inc., Class A*(b)		13,514		111,220
Centrus Energy Corp., Class A*		700		34,867
Chord Energy Corp.		2,780		393,509
Civitas Resources, Inc.		4,844		325,468
Clean Energy Fuels Corp.*		11,137		74,841
CNX Resources Corp.*		12,663		223,755
Comstock Resources, Inc.*		6,023		118,051
CONSOL Energy, Inc.		2,255		161,864
Crescent Energy Co., Class A(b)		2,135		36,573
CVR Energy, Inc.		1,943		63,458
Delek US Holdings, Inc.		4,631		130,823
Denbury, Inc.*		3,336		296,670
DHT Holdings, Inc.		9,218		71,993
Dorian LPG Ltd.		2,018		29,362
Earthstone Energy, Inc., Class A*(b)		2,841		43,183
Empire Petroleum Corp.*		445		6,568
Energy Fuels, Inc.*		10,250		83,230
Equitrans Midstream Corp.		27,011		250,392
Excelerate Energy, Inc., Class A		1,218		31,278
FLEX LNG Ltd.(b)		1,874		61,973
Frontline Ltd.*(b)		8,192		97,157
Gevo, Inc.*(b)		12,932		40,477
Golar LNG Ltd.*		6,633		180,882
Green Plains, Inc.*		3,464		126,886
Gulfport Energy Corp.*		782		76,448
HighPeak Energy, Inc.(b)		421		10,660
International Seaways, Inc.(b)		3,237		95,589
Kinetik Holdings, Inc.		1,088		40,115
Kosmos Energy Ltd.*		29,663		209,717
Laredo Petroleum, Inc.*		1,121		87,001
Magnolia Oil & Gas Corp., Class A		10,961		261,639
Matador Resources Co.		7,395		440,742
Murphy Oil Corp.		9,682		377,308
NACCO Industries, Inc., Class A		266		11,962
NextDecade Corp.*(b)		2,031		14,968
Nordic American Tankers Ltd.(b)		12,496		32,490
Northern Oil and Gas, Inc.		4,310		136,368
Par Pacific Holdings, Inc.*		3,213		60,404
PBF Energy, Inc., Class A*(b)		6,358		217,189
Peabody Energy Corp.*(b)		7,734		190,720
Ranger Oil Corp.		1,397		54,469
REX American Resources Corp.*		1,040		31,512
Riley Exploration Permian, Inc.		683		17,171
Ring Energy, Inc.*(b)		5,680		18,403
SandRidge Energy, Inc.*		2,088		43,806
Scorpio Tankers, Inc.		3,261		135,658
SFL Corp. Ltd.		7,545		80,732
SilverBow Resources, Inc.*		771		30,655
Sitio Royalties Corp.		766		19,493
SM Energy Co.		7,958		350,709
Talos Energy, Inc.*		4,345		90,072
Teekay Corp.*		4,585		16,002
Teekay Tankers Ltd., Class A*		1,502		36,949
Tellurian, Inc.*		33,519		134,076
Uranium Energy Corp.*		18,360		82,987
Ur-Energy, Inc.*		13,759		18,987
VAALCO Energy, Inc.(b)		3,841		19,243
Vertex Energy, Inc.*(b)		3,552		30,192
W&T Offshore, Inc.*		6,211		40,372
World Fuel Services Corp.		4,099		105,754
				7,460,001
Paper & Forest Products - 0.1%
Clearwater Paper Corp.*		1,098		46,709
Glatfelter Corp.		2,891		14,079
Resolute Forest Products, Inc.*		3,018		61,145

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Sylvamo Corp.		2,333		103,678
				225,611
Personal Products - 0.5%
Beauty Health Co. (The)*		6,552		76,003
BellRing Brands, Inc.*		8,663		205,226
Edgewell Personal Care Co.		3,532		137,607
elf Beauty, Inc.*		3,181		121,291
Herbalife Nutrition Ltd.*		6,507		169,768
Honest Co., Inc. (The)*		4,272		15,422
Inter Parfums, Inc.		1,180		92,654
Medifast, Inc.		747		93,733
Nature's Sunshine Products, Inc.*		892		8,652
Nu Skin Enterprises, Inc., Class A(b)		3,280		134,283
Thorne HealthTech, Inc.*		904		4,231
USANA Health Sciences, Inc.*		738		47,616
Veru, Inc.*		4,269		65,316
				1,171,802
Pharmaceuticals - 1.1%
Aclaris Therapeutics, Inc.*		3,931		62,542
Aerie Pharmaceuticals, Inc.*		3,077		46,463
Amneal Pharmaceuticals, Inc.*		6,766		14,682
Amphastar Pharmaceuticals, Inc.*		2,516		74,474
Amylyx Pharmaceuticals, Inc.*		753		19,006
AN2 Therapeutics, Inc.*(b)		305		5,228
ANI Pharmaceuticals, Inc.*		828		30,545
Arvinas, Inc.*		3,195		135,276
Atea Pharmaceuticals, Inc.*		5,011		37,582
Athira Pharma, Inc.*(b)		2,235		7,554
Axsome Therapeutics, Inc.*(b)		1,887		120,391
Cara Therapeutics, Inc.*		2,943		30,372
Cassava Sciences, Inc.*(b)		2,506		64,479
CinCor Pharma, Inc.*		880		29,718
Collegium Pharmaceutical, Inc.*		2,231		39,221
Corcept Therapeutics, Inc.*		5,601		144,618
DICE Therapeutics, Inc.*		1,865		29,280
Edgewise Therapeutics, Inc.*		1,953		19,686
Esperion Therapeutics, Inc.*		4,142		30,899
Evolus, Inc.*		2,327		22,362
EyePoint Pharmaceuticals, Inc.*		1,714		17,140
Fulcrum Therapeutics, Inc.*(b)		2,242		16,591
Harmony Biosciences Holdings, Inc.*		1,723		75,657
Innoviva, Inc.*(b)		4,157		54,706
Intra-Cellular Therapies, Inc.*		6,018		302,465
Liquidia Corp.*(b)		3,135		18,089
Nektar Therapeutics*		11,920		46,965
NGM Biopharmaceuticals, Inc.*		2,575		36,333
Nuvation Bio, Inc.*(b)		7,646		21,409
Ocular Therapeutix, Inc.*		5,062		25,715
Pacira BioSciences, Inc.*		2,951		154,868
Phathom Pharmaceuticals, Inc.*(b)		1,512		12,912
Phibro Animal Health Corp., Class A		1,339		19,831
Prestige Consumer Healthcare, Inc.*		3,305		167,167
Provention Bio, Inc.*(b)		3,677		15,885
Reata Pharmaceuticals, Inc., Class A*		1,816		43,421
Relmada Therapeutics, Inc.*		1,799		52,423
Revance Therapeutics, Inc.*		4,605		91,640
SIGA Technologies, Inc.(b)		3,095		46,673
Supernus Pharmaceuticals, Inc.*		3,219		110,186
Tarsus Pharmaceuticals, Inc.*		1,191		18,318
Theravance Biopharma, Inc.*		4,229		38,103
Theseus Pharmaceuticals, Inc.*(b)		1,117		7,618
Tricida, Inc.*(b)		2,187		27,381
Ventyx Biosciences, Inc.*(b)		1,471		30,008
Xeris Biopharma Holdings, Inc.*		8,698		14,526
				2,430,408
Professional Services - 1.3%
Alight, Inc., Class A*		22,306		175,771
ASGN, Inc.*		3,295		318,627
Atlas Technical Consultants, Inc.*		1,171		9,977
Barrett Business Services, Inc.		473		38,143
CBIZ, Inc.*		3,228		140,934
CRA International, Inc.		470		42,963
Exponent, Inc.		3,387		317,904
First Advantage Corp.*		3,857		53,381
Forrester Research, Inc.*		742		30,860
Franklin Covey Co.*		826		39,293
Heidrick & Struggles International, Inc.		1,283		36,514
HireRight Holdings Corp.*		1,392		22,634
Huron Consulting Group, Inc.*		1,382		92,456
ICF International, Inc.		1,212		123,091
Insperity, Inc.		2,383		259,795
Kelly Services, Inc., Class A		2,310		37,214
Kforce, Inc.		1,339		73,270
Korn Ferry		3,519		214,377
Legalzoom.com, Inc.*(b)		6,435		66,280
ManTech International Corp., Class A		1,964		188,367
Planet Labs PBC*		10,215		55,978
Red Violet, Inc.*(b)		622		11,812
Resources Connection, Inc.		2,086		40,760
Skillsoft Corp.*		5,333		17,172
Spire Global, Inc.*		8,218		11,094
Sterling Check Corp.*		1,554		33,069
TriNet Group, Inc.*		2,459		202,622
TrueBlue, Inc.*		2,151		44,182
Upwork, Inc.*		7,876		137,042
Willdan Group, Inc.*		762		17,343
				2,852,925
Real Estate Management & Development - 0.5%
American Realty Investors, Inc.*		98		1,361
Anywhere Real Estate, Inc.*(b)		7,612		74,369
Compass, Inc., Class A*(b)		17,123		48,972
Cushman & Wakefield plc*		10,444		156,242
DigitalBridge Group, Inc.*		9,711		172,856
Doma Holdings, Inc.*(b)		8,997		5,426
Douglas Elliman, Inc.		4,966		22,893
eXp World Holdings, Inc.(b)		4,507		58,276
Forestar Group, Inc.*		1,196		14,878
FRP Holdings, Inc.*		439		25,251
Kennedy-Wilson Holdings, Inc.		7,758		136,231
Marcus & Millichap, Inc.		1,633		61,042
Newmark Group, Inc., Class A		9,711		99,538
Offerpad Solutions, Inc.*(b)		4,485		6,817
RE/MAX Holdings, Inc., Class A		1,234		28,086
Redfin Corp.*(b)		6,899		56,503
RMR Group, Inc. (The), Class A		1,006		26,196
Seritage Growth Properties, Class A, REIT*(b)		2,886		36,190
St Joe Co. (The)		2,264		86,485
Stratus Properties, Inc.*		388		13,817
Tejon Ranch Co.*		1,365		21,512

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Transcontinental Realty Investors, Inc.*		83		3,569
				1,156,510
Road & Rail - 0.4%
ArcBest Corp.		1,607		129,412
Bird Global, Inc., Class A*(b)		11,266		4,787
Covenant Logistics Group, Inc.		726		20,415
Daseke, Inc.*		2,674		16,205
Heartland Express, Inc.		3,069		46,495
Marten Transport Ltd.		3,875		76,764
PAM Transportation Services, Inc.*		433		12,864
Saia, Inc.*		1,746		361,125
TuSimple Holdings, Inc., Class A*		9,192		66,091
Universal Logistics Holdings, Inc.		479		17,488
Werner Enterprises, Inc.		4,270		169,903
				921,549
Semiconductors & Semiconductor Equipment - 1.8%
ACM Research, Inc., Class A*		3,149		53,187
Alpha & Omega Semiconductor Ltd.*		1,447		55,941
Ambarella, Inc.*		2,393		162,437
Amkor Technology, Inc.		6,668		134,227
Atomera, Inc.*(b)		1,340		17,326
Axcelis Technologies, Inc.*		2,147		143,720
AXT, Inc.*		2,666		22,901
CEVA, Inc.*		1,501		43,934
Cohu, Inc.*		3,156		84,676
Credo Technology Group Holding Ltd.*		1,543		21,278
CyberOptics Corp.*(b)		471		25,076
Diodes, Inc.*		2,925		208,172
FormFactor, Inc.*		5,127		150,119
Ichor Holdings Ltd.*		1,843		56,617
Impinj, Inc.*		1,381		123,296
indie Semiconductor, Inc., Class A*		6,555		55,783
Kulicke & Soffa Industries, Inc.		3,819		160,551
MACOM Technology Solutions Holdings, Inc.*		3,321		183,153
MaxLinear, Inc.*		4,719		169,554
Onto Innovation, Inc.*		3,257		231,214
PDF Solutions, Inc.*		1,987		52,417
Photronics, Inc.*		3,938		66,158
Power Integrations, Inc.		3,799		271,742
Rambus, Inc.*		7,201		185,714
Rigetti Computing, Inc.*(b)		2,107		8,386
Rockley Photonics Holdings Ltd.*(b)		6,697		9,510
Semtech Corp.*		4,158		192,058
Silicon Laboratories, Inc.*		2,385		298,912
SiTime Corp.*		1,052		111,943
SkyWater Technology, Inc.*(b)		710		9,230
SMART Global Holdings, Inc.*		3,227		59,215
SunPower Corp.*		5,375		129,000
Synaptics, Inc.*		2,606		301,280
Transphorm, Inc.*(b)		1,409		7,820
Ultra Clean Holdings, Inc.*		2,967		86,844
Veeco Instruments, Inc.*		3,278		69,297
				3,962,688
Software - 3.3%
8x8, Inc.*		7,225		37,642
A10 Networks, Inc.		4,330		60,187
ACI Worldwide, Inc.*		7,525		178,342
Agilysys, Inc.*		1,285		66,524
Alarm.com Holdings, Inc.*		3,160		210,456
Alkami Technology, Inc.*		2,356		34,162
Altair Engineering, Inc., Class A*		3,415		177,614
American Software, Inc., Class A		2,056		34,808
Amplitude, Inc., Class A*		3,673		55,646
Appfolio, Inc., Class A*		1,251		126,826
Appian Corp.*(b)		2,630		123,347
Applied Blockchain, Inc.*(b)		531		1,258
Arteris, Inc.*		1,112		7,917
Asana, Inc., Class A*		4,838		92,648
Avaya Holdings Corp.*(b)		5,486		8,723
AvePoint, Inc.*		8,460		39,593
Benefitfocus, Inc.*		1,694		12,553
Blackbaud, Inc.*		3,051		159,567
Blackline, Inc.*		3,629		246,554
Blend Labs, Inc., Class A*(b)		12,154		38,285
Box, Inc., Class A*		8,482		218,411
BTRS Holdings, Inc., Class 1*		6,589		44,542
C3.ai, Inc., Class A*(b)		4,521		81,378
Cerence, Inc.*(b)		2,583		51,686
ChannelAdvisor Corp.*		1,974		29,788
Cipher Mining, Inc.*(b)		2,568		5,162
Cleanspark, Inc.*(b)		2,640		11,299
Clear Secure, Inc., Class A*		4,087		93,756
CommVault Systems, Inc.*		2,925		158,798
Consensus Cloud Solutions, Inc.*		1,051		52,918
Couchbase, Inc.*		1,740		28,867
CS Disco, Inc.*		1,461		20,162
Cvent Holding Corp.*(b)		5,522		27,941
Digimarc Corp.*(b)		898		16,002
Digital Turbine, Inc.*		6,051		111,762
Domo, Inc., Class B*		1,995		38,424
Duck Creek Technologies, Inc.*		5,072		60,357
E2open Parent Holdings, Inc.*		13,089		89,921
Ebix, Inc.		1,731		45,041
eGain Corp.*		1,371		12,627
Enfusion, Inc., Class A*(b)		1,674		20,741
EngageSmart, Inc.*		2,292		45,771
Envestnet, Inc.*		3,613		189,213
Everbridge, Inc.*		2,600		103,428
EverCommerce, Inc.*(b)		1,587		18,473
ForgeRock, Inc., Class A*(b)		1,833		31,271
Greenidge Generation Holdings, Inc.*(b)		842		2,046
Instructure Holdings, Inc.*(b)		1,137		25,844
Intapp, Inc.*		923		13,374
InterDigital, Inc.		2,030		101,825
IronNet, Inc.*(b)		4,259		8,603
Kaleyra, Inc.*(b)		1,938		3,081
KnowBe4, Inc., Class A*		4,785		91,968
Latch, Inc.*(b)		4,622		4,946
LivePerson, Inc.*		4,621		53,604
LiveRamp Holdings, Inc.*		4,407		87,479
LiveVox Holdings, Inc.*(b)		1,462		3,129
Marathon Digital Holdings, Inc.*(b)		6,635		78,625
Matterport, Inc.*(b)		14,382		66,301
MeridianLink, Inc.*		1,510		26,229
MicroStrategy, Inc., Class A*		618		143,104
Mitek Systems, Inc.*(b)		2,773		28,340
Model N, Inc.*		2,369		70,833
Momentive Global, Inc.*		8,701		61,690
N-able, Inc.*		4,478		44,601
NextNav, Inc.*(b)		3,206		10,868

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Shares		Value ($)
Olo, Inc., Class A*		5,908		46,141
ON24, Inc.*		2,734		24,497
OneSpan, Inc.*		2,631		30,283
PagerDuty, Inc.*		5,590		145,564
Ping Identity Holding Corp.*		5,076		142,839
Progress Software Corp.		2,872		138,229
PROS Holdings, Inc.*		2,691		56,107
Q2 Holdings, Inc.*		3,671		145,812
Qualys, Inc.*		2,565		389,623
Rapid7, Inc.*(b)		3,815		219,363
Rimini Street, Inc.*		3,196		16,108
Riot Blockchain, Inc.*(b)		7,693		55,159
Sapiens International Corp. NV		2,018		44,638
SecureWorks Corp., Class A*		643		6,687
ShotSpotter, Inc.*		586		19,121
Sprout Social, Inc., Class A*		3,019		181,261
SPS Commerce, Inc.*		2,382		290,890
Sumo Logic, Inc.*		5,613		49,282
Telos Corp.*		3,539		35,036
Tenable Holdings, Inc.*		7,222		286,063
Terawulf, Inc.*		1,406		2,095
Upland Software, Inc.*		1,914		20,040
UserTesting, Inc.*		3,109		12,933
Varonis Systems, Inc.*		7,158		195,771
Verint Systems, Inc.*		4,179		202,640
Veritone, Inc.*(b)		2,055		15,104
Viant Technology, Inc., Class A*		921		4,163
Weave Communications, Inc.*		331		1,910
WM Technology, Inc.*		4,715		12,353
Workiva, Inc.*(b)		3,131		212,564
Xperi Holding Corp.		6,847		108,936
Yext, Inc.*		7,895		35,133
Zeta Global Holdings Corp., Class A*(b)		2,046		14,322
Zuora, Inc., Class A*		7,416		56,955
				7,464,503
Specialty Retail - 1.7%
Aaron's Co., Inc. (The)		1,989		23,669
Abercrombie & Fitch Co., Class A*		3,261		46,926
Academy Sports & Outdoors, Inc.		5,511		237,414
American Eagle Outfitters, Inc.(b)		10,130		114,064
America's Car-Mart, Inc.*		391		31,519
Arko Corp.		5,580		53,177
Asbury Automotive Group, Inc.*		1,455		253,868
Bed Bath & Beyond, Inc.*(b)		5,236		49,899
Big 5 Sporting Goods Corp.(b)		1,409		17,246
Boot Barn Holdings, Inc.*		1,940		129,243
Buckle, Inc. (The)		1,985		64,076
Build-A-Bear Workshop, Inc.		933		14,294
Caleres, Inc.		2,392		61,044
Camping World Holdings, Inc., Class A(b)		2,528		76,143
Cato Corp. (The), Class A		1,208		13,059
Chico's FAS, Inc.*		8,045		45,696
Children's Place, Inc. (The)*		863		36,401
Citi Trends, Inc.*		550		11,110
Conn's, Inc.*		857		8,236
Container Store Group, Inc. (The)*		2,135		14,475
Designer Brands, Inc., Class A		3,798		64,794
Destination XL Group, Inc.*		3,926		21,632
EVgo, Inc.*(b)		4,465		42,373
Express, Inc.*		4,221		6,416
Foot Locker, Inc.		5,457		201,036
Genesco, Inc.*		862		48,772
Group 1 Automotive, Inc.		1,056		188,591
GrowGeneration Corp.*(b)		3,771		17,912
Guess?, Inc.(b)		2,237		39,080
Haverty Furniture Cos., Inc.		992		26,605
Hibbett, Inc.		845		49,517
JOANN, Inc.(b)		724		5,140
LL Flooring Holdings, Inc.*		1,921		15,637
MarineMax, Inc.*		1,388		50,440
Monro, Inc.		2,187		101,280
Murphy USA, Inc.		1,470		426,550
National Vision Holdings, Inc.*		5,331		177,149
ODP Corp. (The)*		2,823		100,922
OneWater Marine, Inc., Class A*		727		28,971
Party City Holdco, Inc.*(b)		7,166		14,117
Rent-A-Center, Inc.		3,487		90,104
Sally Beauty Holdings, Inc.*		7,036		104,696
Shoe Carnival, Inc.		1,158		27,549
Signet Jewelers Ltd.		3,065		200,359
Sleep Number Corp.*		1,419		58,789
Sonic Automotive, Inc., Class A(b)		1,323		70,370
Sportsman's Warehouse Holdings, Inc.*		2,856		22,734
Tile Shop Holdings, Inc.		2,391		9,373
Tilly's, Inc., Class A		1,513		11,348
Torrid Holdings, Inc.*(b)		977		5,481
TravelCenters of America, Inc.*		829		44,832
Urban Outfitters, Inc.*		4,331		87,183
Volta, Inc.*(b)		8,029		17,182
Warby Parker, Inc., Class A*(b)		5,483		68,921
Winmark Corp.		187		38,591
Zumiez, Inc.*		1,027		26,661
				3,812,666
Technology Hardware, Storage & Peripherals - 0.3%
3D Systems Corp.*		8,323		84,312
Avid Technology, Inc.*		2,353		64,354
CompoSecure, Inc.*(b)		511		2,954
Corsair Gaming, Inc.*(b)		2,517		38,737
Diebold Nixdorf, Inc.*		4,802		16,711
Eastman Kodak Co.*(b)		3,756		20,320
IonQ, Inc.*(b)		7,806		46,368
Super Micro Computer, Inc.*		2,984		194,199
Turtle Beach Corp.*		1,018		9,559
Xerox Holdings Corp.		7,512		124,849
				602,363
Textiles, Apparel & Luxury Goods - 0.5%
Allbirds, Inc., Class A*		6,200		25,482
Crocs, Inc.*		3,986		293,768
Ermenegildo Zegna NV(b)		3,107		31,816
Fossil Group, Inc.*		3,063		12,956
G-III Apparel Group Ltd.*		2,866		60,387
Kontoor Brands, Inc.		3,704		137,900
Movado Group, Inc.		1,027		32,751
Oxford Industries, Inc.		1,019		108,758
PLBY Group, Inc.*(b)		2,045		9,203
Rocky Brands, Inc.		453		11,837
Steven Madden Ltd.		5,185		150,935
Superior Group of Cos., Inc.		768		8,532
Unifi, Inc.*		915		10,394
Wolverine World Wide, Inc.		5,257		102,722
				997,441
Thrifts & Mortgage Finance - 1.1%
Axos Financial, Inc.*		3,765		157,302
Blue Foundry Bancorp*		1,723		19,590

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Bridgewater Bancshares, Inc.*		1,355		23,279
Capitol Federal Financial, Inc.		8,542		77,391
Columbia Financial, Inc.*(b)		2,272		48,462
Enact Holdings, Inc.		1,974		50,140
Essent Group Ltd.		6,922		276,811
Federal Agricultural Mortgage Corp., Class C		598		65,326
Finance of America Cos., Inc., Class A*(b)		2,551		3,112
Flagstar Bancorp, Inc.		3,434		132,312
Greene County Bancorp, Inc.(b)		222		11,810
Hingham Institution For Savings (The)		97		28,799
Home Bancorp, Inc.		480		18,739
Home Point Capital, Inc.(b)		523		1,203
Kearny Financial Corp.		4,072		46,258
Luther Burbank Corp.		976		12,795
Merchants Bancorp		1,033		27,860
Mr Cooper Group, Inc.*		4,769		201,729
NMI Holdings, Inc., Class A*		5,553		114,003
Northfield Bancorp, Inc.		2,872		42,333
PennyMac Financial Services, Inc.		1,944		103,265
Pioneer Bancorp, Inc.*		762		7,125
Provident Bancorp, Inc.		947		13,722
Provident Financial Services, Inc.		4,908		114,013
Radian Group, Inc.		11,384		240,316
Security National Financial Corp., Class A*		1		8
Southern Missouri Bancorp, Inc.		522		27,525
Sterling Bancorp, Inc.*		1,126		6,632
TrustCo Bank Corp.		1,233		41,108
Velocity Financial, Inc.*		565		6,452
Walker & Dunlop, Inc.(b)		2,017		202,628
Waterstone Financial, Inc.		1,322		22,857
WSFS Financial Corp.		4,233		204,666
				2,349,571
Tobacco - 0.1%
22nd Century Group, Inc.*(b)		10,636		14,252
Turning Point Brands, Inc.		1,003		23,390
Universal Corp.		1,588		81,052
Vector Group Ltd.		9,445		92,561
				211,255
Trading Companies & Distributors - 1.1%
Alta Equipment Group, Inc.		1,379		16,231
Applied Industrial Technologies, Inc.		2,514		266,534
Beacon Roofing Supply, Inc.*		3,570		196,029
BlueLinx Holdings, Inc.*		616		43,182
Boise Cascade Co.		2,595		161,746
Custom Truck One Source, Inc.*(b)		3,920		25,794
Distribution Solutions Group, Inc.*		324		12,876
DXP Enterprises, Inc.*		1,000		26,580
GATX Corp.		2,333		225,391
Global Industrial Co.		855		25,718
GMS, Inc.*		2,842		136,984
H&E Equipment Services, Inc.		2,096		66,359
Herc Holdings, Inc.		1,686		189,726
Hudson Technologies, Inc.*		2,833		23,514
Karat Packaging, Inc.*		372		6,655
McGrath RentCorp		1,592		134,556
MRC Global, Inc.*		5,454		53,068
NOW, Inc.*		7,245		87,809
Rush Enterprises, Inc., Class A		2,790		131,297
Rush Enterprises, Inc., Class B		447		22,636
Textainer Group Holdings Ltd.		3,050		92,659
Titan Machinery, Inc.*		1,329		40,907
Transcat, Inc.*		468		34,674
Triton International Ltd.		4,180		249,086
Veritiv Corp.*		956		113,946
				2,383,957
Water Utilities - 0.3%
American States Water Co.		2,426		201,285
Artesian Resources Corp., Class A		540		29,500
California Water Service Group		3,527		206,435
Global Water Resources, Inc.		848		11,550
Middlesex Water Co.		1,141		101,287
Pure Cycle Corp.*		1,279		13,199
SJW Group		1,773		114,004
York Water Co. (The)		933		41,024
				718,284
Wireless Telecommunication Services - 0.1%
Gogo, Inc.*		3,287		48,845
KORE Group Holdings, Inc.*(b)		2,306		6,895
Shenandoah Telecommunications Co.		3,182		70,927
Telephone and Data Systems, Inc.		6,625		107,789
United States Cellular Corp.*		980		28,018
				262,474
TOTAL COMMON STOCKS (Cost $205,581,309)				158,577,167

Investments	Number of Rights	Value ($)
RIGHTS - 0.0%(d)
Biotechnology - 0.0%
Aduro Biotech, Inc., CVR*(e)(f)	899	—
Oncternal Therapeutics, Inc., CVR*(e)(f)	23	—
Tobira Therapeutics, Inc., CVR*(e)(f)	218	—
		—
Food Products - 0.0%(d)
Contraf-Nicotex-Tobacco GmbH, CVR*(e)(f)	1,074	537
Pharmaceuticals - 0.0%(d)
Zogenix, Inc., CVR*(e)(f)	6,278	4,269
TOTAL RIGHTS (Cost $2,244)		4,806

Investments	Shares	Value ($)
SECURITIES LENDING REINVESTMENTS(g) - 2.4%
INVESTMENT COMPANIES - 2.4%
BlackRock Liquidity FedFund, Institutional Class 2.02% (Cost $5,484,197)	5,484,197	5,484,197

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 33.0%
REPURCHASE AGREEMENTS(h) - 33.0%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $73,869,481 (Cost $73,864,966)		73,864,966		73,864,966
Total Investments - 106.2%  (Cost $284,932,716)				237,931,136
Liabilities in excess of other assets - (6.2%)				(13,877,128	)
Net Assets - 100.0%				224,054,008

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $85,246,351.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $8,094,100, collateralized in the form of cash with a value of $5,484,197 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $2,979,277 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from October 20, 2022 – February 15, 2052. The total value of collateral is $8,463,474.
(c)	Security exempt from registration pursuant to Regulation S under the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale.
(d)	Represents less than 0.05% of net assets.
(e)	Security fair valued as of August 31, 2022 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at August 31, 2022 amounted to $4,806, which represents approximately 0.00% of net assets of the Fund.
(f)	Illiquid security.
(g)	The security was purchased with cash collateral held from securities on loan at August 31, 2022. The total value of securities purchased was $5,484,197.
(h)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Abbreviations
CVR	Contingent Value Rights - No defined expiration

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Purchased
UltraPro Russell2000 had the following open long futures contracts as of August 31, 2022:
	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index		109	9/16/2022	USD	$	10,053,070	$	1,033,735

Swap Agreements

UltraPro Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
49,728,540	5/8/2023	Bank of America NA		2.18	%	Russell 2000® Index		(30,979,348	)
29,362,079	11/6/2023	Barclays Capital		2.83	%	Russell 2000® Index		407,886
111,779,490	5/8/2023	BNP Paribas SA		2.48	%	Russell 2000® Index		(27,317,642	)
24,720,429	4/10/2023	Citibank NA		2.62	%	Russell 2000® Index		(49,534,264	)
32,509,991	11/7/2022	Credit Suisse International		2.78	%	Russell 2000® Index		(8,316,119	)
15,791,199	4/10/2023	Goldman Sachs International		2.73	%	Russell 2000® Index		(2,760,108	)
23,542,036	11/6/2023	Morgan Stanley & Co. International plc		2.78	%	Russell 2000® Index		(11,719,708	)
106,568,006	3/7/2023	Societe Generale		2.68	%	Russell 2000® Index		(23,036,258	)
109,525,975	3/7/2023	UBS AG		2.33	%	Russell 2000® Index		(17,484,495	)
503,527,745								(170,740,056	)
						Total Unrealized Appreciation		407,886
						Total Unrealized Depreciation		(171,147,942	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro S&P500^®

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 70.5%
Aerospace & Defense - 1.2%
Boeing Co. (The)*		25,296		4,053,684
General Dynamics Corp.		10,437		2,389,342
Howmet Aerospace, Inc.		17,071		604,826
Huntington Ingalls Industries, Inc.		1,840		423,678
L3Harris Technologies, Inc.		8,736		1,993,468
Lockheed Martin Corp.		10,801		4,537,608
Northrop Grumman Corp.		6,664		3,185,325
Raytheon Technologies Corp.		67,678		6,074,101
Textron, Inc.		9,794		610,950
TransDigm Group, Inc.		2,351		1,411,517
				25,284,499
Air Freight & Logistics - 0.5%
CH Robinson Worldwide, Inc.		5,776		659,330
Expeditors International of Washington, Inc.		7,656		787,726
FedEx Corp.		10,883		2,294,245
United Parcel Service, Inc., Class B		33,431		6,502,664
				10,243,965
Airlines - 0.1%
Alaska Air Group, Inc.*		5,713		248,858
American Airlines Group, Inc.*		29,542		383,750
Delta Air Lines, Inc.*		29,168		906,250
Southwest Airlines Co.*		27,000		990,900
United Airlines Holdings, Inc.*		14,879		520,914
				3,050,672
Auto Components - 0.1%
Aptiv plc*		12,344		1,153,300
BorgWarner, Inc.		10,891		410,591
				1,563,891
Automobiles - 1.7%
Ford Motor Co.		179,584		2,736,860
General Motors Co.		66,311		2,533,743
Tesla, Inc.*		114,544		31,569,472
				36,840,075
Banks - 2.6%
Bank of America Corp.		322,582		10,841,981
Citigroup, Inc.		88,366		4,313,144
Citizens Financial Group, Inc.		22,336		819,284
Comerica, Inc.		5,964		478,909
Fifth Third Bancorp		31,205		1,065,651
First Republic Bank		8,156		1,238,325
Huntington Bancshares, Inc.		65,466		877,244
JPMorgan Chase & Co.		133,627		15,197,399
KeyCorp		42,462		751,153
M&T Bank Corp.		8,154		1,482,234
PNC Financial Services Group, Inc. (The)		18,786		2,968,188
Regions Financial Corp.		42,519		921,387
Signature Bank		2,857		498,147
SVB Financial Group*		2,667		1,084,189
Truist Financial Corp.		60,596		2,838,317
US Bancorp		61,488		2,804,468
Wells Fargo & Co.		172,434		7,537,090
Zions Bancorp NA		6,906		380,037
				56,097,147
Beverages - 1.3%
Brown-Forman Corp., Class B		8,323		605,082
Coca-Cola Co. (The)		177,528		10,955,253
Constellation Brands, Inc., Class A		7,420		1,825,691
Keurig Dr Pepper, Inc.		33,554		1,279,078
Molson Coors Beverage Co., Class B		8,583		443,484
Monster Beverage Corp.*		17,080		1,517,216
PepsiCo, Inc.		62,914		10,838,195
				27,463,999
Biotechnology - 1.4%
AbbVie, Inc.		80,377		10,807,491
Amgen, Inc.		24,324		5,845,057
Biogen, Inc.*		6,670		1,303,185
Gilead Sciences, Inc.		57,053		3,621,154
Incyte Corp.*		8,581		604,360
Moderna, Inc.*		15,753		2,083,649
Regeneron Pharmaceuticals, Inc.*		4,910		2,853,005
Vertex Pharmaceuticals, Inc.*		11,668		3,287,576
				30,405,477
Building Products - 0.3%
A O Smith Corp.		5,921		334,240
Allegion plc		4,008		381,161
Carrier Global Corp.		38,581		1,509,289
Fortune Brands Home & Security, Inc.		5,967		366,553
Johnson Controls International plc		31,680		1,715,155
Masco Corp.		10,757		547,208
Trane Technologies plc		10,656		1,641,770
				6,495,376
Capital Markets - 2.1%
Ameriprise Financial, Inc.		4,983		1,335,494
Bank of New York Mellon Corp. (The)		33,771		1,402,510
BlackRock, Inc.		6,466		4,308,878
Cboe Global Markets, Inc.		4,850		572,155
Charles Schwab Corp. (The)		68,643		4,870,221
CME Group, Inc.		16,323		3,192,942
FactSet Research Systems, Inc.		1,727		748,378
Franklin Resources, Inc.		12,746		332,288
Goldman Sachs Group, Inc. (The)		15,631		5,199,965
Intercontinental Exchange, Inc.		25,395		2,561,086
Invesco Ltd.		15,323		252,370
MarketAxess Holdings, Inc.		1,720		427,575
Moody's Corp.		7,289		2,073,866
Morgan Stanley		63,652		5,424,423
MSCI, Inc.		3,681		1,653,652
Nasdaq, Inc.		15,798		940,455
Northern Trust Corp.		9,455		899,076
Raymond James Financial, Inc.		8,841		922,735
S&P Global, Inc.		15,797		5,563,387
State Street Corp.		16,703		1,141,650
T. Rowe Price Group, Inc.(b)		10,308		1,236,960
				45,060,066
Chemicals - 1.3%
Air Products and Chemicals, Inc.		10,112		2,552,774
Albemarle Corp.		5,330		1,428,227
Celanese Corp.		4,921		545,542
CF Industries Holdings, Inc.		9,465		979,249
Corteva, Inc.		32,905		2,021,354
Dow, Inc.		33,113		1,688,763
DuPont de Nemours, Inc.		23,154		1,288,288
Eastman Chemical Co.		5,869		534,079
Ecolab, Inc.		11,289		1,849,477
FMC Corp.		5,708		616,921
International Flavors & Fragrances, Inc.		11,602		1,281,789

UltraPro S&P500^®

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Linde plc(b)		22,898		6,476,928
LyondellBasell Industries NV, Class A		11,780		977,740
Mosaic Co. (The)		16,487		888,155
PPG Industries, Inc.		10,768		1,367,321
Sherwin-Williams Co. (The)		10,916		2,533,604
				27,030,211
Commercial Services & Supplies - 0.3%
Cintas Corp.		3,967		1,613,934
Copart, Inc.*		9,706		1,161,323
Republic Services, Inc.		9,461		1,350,274
Rollins, Inc.		10,280		347,053
Waste Management, Inc.		17,393		2,939,939
				7,412,523
Communications Equipment - 0.6%
Arista Networks, Inc.*		10,226		1,225,893
Cisco Systems, Inc.		188,961		8,450,336
F5, Inc.*		2,757		433,014
Juniper Networks, Inc.		14,704		417,888
Motorola Solutions, Inc.		7,616		1,853,810
				12,380,941
Construction & Engineering - 0.0%(c)
Quanta Services, Inc.		6,525		921,983
Construction Materials - 0.1%
Martin Marietta Materials, Inc.		2,845		989,235
Vulcan Materials Co.		6,079		1,012,093
				2,001,328
Consumer Finance - 0.4%
American Express Co.		27,774		4,221,648
Capital One Financial Corp.		17,879		1,891,956
Discover Financial Services		12,755		1,281,750
Synchrony Financial		22,806		746,896
				8,142,250
Containers & Packaging - 0.2%
Amcor plc		68,352		820,907
Avery Dennison Corp.		3,687		677,007
Ball Corp.		14,546		811,812
International Paper Co.		16,880		702,546
Packaging Corp. of America		4,248		581,636
Sealed Air Corp.		6,654		358,052
Westrock Co.		11,605		471,047
				4,423,007
Distributors - 0.1%
Genuine Parts Co.		6,426		1,002,520
LKQ Corp.		11,825		629,327
Pool Corp.		1,842		624,788
				2,256,635
Diversified Financial Services - 1.1%
Berkshire Hathaway, Inc., Class B*		82,302		23,110,402
Diversified Telecommunication Services - 0.7%
AT&T, Inc.		325,483		5,708,972
Lumen Technologies, Inc.		42,295		421,258
Verizon Communications, Inc.		191,010		7,986,128
				14,116,358
Electric Utilities - 1.4%
Alliant Energy Corp.		11,429		697,626
American Electric Power Co., Inc.		23,370		2,341,674
Constellation Energy Corp.		14,876		1,213,733
Duke Energy Corp.		35,033		3,745,378
Edison International		17,373		1,177,368
Entergy Corp.		9,290		1,071,137
Evergy, Inc.		10,396		712,438
Eversource Energy		15,700		1,408,133
Exelon Corp.		44,581		1,957,552
FirstEnergy Corp.		25,946		1,026,164
NextEra Energy, Inc.		89,368		7,601,642
NRG Energy, Inc.		10,814		446,402
Pinnacle West Capital Corp.		5,144		387,600
PPL Corp.		33,482		973,657
Southern Co. (The)		48,358		3,726,951
Xcel Energy, Inc.		24,793		1,840,880
				30,328,335
Electrical Equipment - 0.4%
AMETEK, Inc.		10,491		1,260,599
Eaton Corp. plc		18,176		2,483,569
Emerson Electric Co.		27,044		2,210,576
Generac Holdings, Inc.*		2,883		635,442
Rockwell Automation, Inc.		5,299		1,255,545
				7,845,731
Electronic Equipment, Instruments & Components - 0.4%
Amphenol Corp., Class A		27,147		1,996,119
CDW Corp.		6,158		1,051,170
Corning, Inc.		34,546		1,185,619
Keysight Technologies, Inc.*		8,284		1,357,665
TE Connectivity Ltd.		14,627		1,846,074
Teledyne Technologies, Inc.*		2,121		781,291
Trimble, Inc.*		11,395		720,734
Zebra Technologies Corp., Class A*		2,385		719,411
				9,658,083
Energy Equipment & Services - 0.2%
Baker Hughes Co.		42,563		1,075,141
Halliburton Co.		41,014		1,235,752
Schlumberger NV		64,320		2,453,808
				4,764,701
Entertainment - 1.0%
Activision Blizzard, Inc.		35,563		2,791,340
Electronic Arts, Inc.		12,764		1,619,369
Live Nation Entertainment, Inc.*(b)		6,224		562,400
Netflix, Inc.*		20,203		4,516,583
Take-Two Interactive Software, Inc.*		7,182		880,226
Walt Disney Co. (The)*		82,843		9,285,043
Warner Bros Discovery, Inc.*		100,463		1,330,130
				20,985,091
Equity Real Estate Investment Trusts (REITs) - 2.0%
Alexandria Real Estate Equities, Inc.		6,775		1,039,285
American Tower Corp.		21,147		5,372,395
AvalonBay Communities, Inc.		6,361		1,277,989
Boston Properties, Inc.		6,468		513,753
Camden Property Trust		4,861		624,687
Crown Castle, Inc.		19,691		3,363,814
Digital Realty Trust, Inc.		12,933		1,598,907
Duke Realty Corp.		17,490		1,029,286
Equinix, Inc.		4,137		2,719,540
Equity Residential		15,571		1,139,486
Essex Property Trust, Inc.		2,955		783,252
Extra Space Storage, Inc.		6,125		1,217,221
Federal Realty Investment Trust		3,264		330,545
Healthpeak Properties, Inc.		24,560		644,700
Host Hotels & Resorts, Inc.		32,542		578,271
Iron Mountain, Inc.		13,223		695,662
Kimco Realty Corp.		28,098		592,306

UltraPro S&P500^®

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Mid-America Apartment Communities, Inc.(b)		5,268		872,750
Prologis, Inc.		33,677		4,193,123
Public Storage		6,943		2,296,953
Realty Income Corp.		27,378		1,869,370
Regency Centers Corp.		7,045		428,618
SBA Communications Corp.		4,901		1,594,050
Simon Property Group, Inc.		14,937		1,523,275
UDR, Inc.		13,585		609,559
Ventas, Inc.		18,194		870,765
VICI Properties, Inc.		43,810		1,445,292
Vornado Realty Trust		7,233		189,649
Welltower, Inc.		20,695		1,586,272
Weyerhaeuser Co.		33,864		1,156,794
				42,157,569
Food & Staples Retailing - 1.1%
Costco Wholesale Corp.		20,178		10,534,934
Kroger Co. (The)		29,834		1,430,242
Sysco Corp.		23,185		1,906,271
Walgreens Boots Alliance, Inc.		32,627		1,143,903
Walmart, Inc.		63,852		8,463,582
				23,478,932
Food Products - 0.8%
Archer-Daniels-Midland Co.		25,577		2,247,963
Campbell Soup Co.		9,213		464,151
Conagra Brands, Inc.		21,848		751,134
General Mills, Inc.		27,405		2,104,704
Hershey Co. (The)		6,650		1,494,055
Hormel Foods Corp.		12,886		647,908
J M Smucker Co. (The)		4,926		689,591
Kellogg Co.		11,544		839,711
Kraft Heinz Co. (The)		32,261		1,206,561
Lamb Weston Holdings, Inc.		6,562		521,876
McCormick & Co., Inc. (Non-Voting)		11,398		958,230
Mondelez International, Inc., Class A		62,963		3,894,891
Tyson Foods, Inc., Class A		13,281		1,001,122
				16,821,897
Gas Utilities - 0.0%(c)
Atmos Energy Corp.		6,325		717,129
Health Care Equipment & Supplies - 1.8%
Abbott Laboratories		79,639		8,174,943
ABIOMED, Inc.*		2,044		529,968
Align Technology, Inc.*		3,351		816,639
Baxter International, Inc.		22,890		1,315,259
Becton Dickinson and Co.		12,948		3,268,334
Boston Scientific Corp.*		65,008		2,620,473
Cooper Cos., Inc. (The)		2,246		645,590
DENTSPLY SIRONA, Inc.		9,808		321,408
Dexcom, Inc.*		17,853		1,467,695
Edwards Lifesciences Corp.*		28,259		2,546,136
Hologic, Inc.*		11,364		767,752
IDEXX Laboratories, Inc.*		3,816		1,326,518
Intuitive Surgical, Inc.*		16,299		3,353,356
Medtronic plc		61,039		5,366,549
ResMed, Inc.		6,669		1,466,647
STERIS plc		4,542		914,668
Stryker Corp.		15,312		3,142,023
Teleflex, Inc.		2,124		480,576
Zimmer Biomet Holdings, Inc.		9,515		1,011,635
				39,536,169
Health Care Providers & Services - 2.4%
AmerisourceBergen Corp.		6,881		1,008,479
Cardinal Health, Inc.		12,420		878,342
Centene Corp.*		26,620		2,388,879
Cigna Corp.		14,434		4,091,317
CVS Health Corp.		59,682		5,857,788
DaVita, Inc.*		2,760		235,401
Elevance Health, Inc.		10,976		5,324,567
HCA Healthcare, Inc.		10,315		2,041,029
Henry Schein, Inc.*		6,246		458,519
Humana, Inc.		5,737		2,763,972
Laboratory Corp. of America Holdings		4,213		949,063
McKesson Corp.		6,594		2,419,998
Molina Healthcare, Inc.*		2,668		900,103
Quest Diagnostics, Inc.		5,352		670,659
UnitedHealth Group, Inc.		42,681		22,165,524
Universal Health Services, Inc., Class B		3,041		297,532
				52,451,172
Hotels, Restaurants & Leisure - 1.3%
Booking Holdings, Inc.*		1,868		3,504,013
Caesars Entertainment, Inc.*		9,761		420,894
Carnival Corp.*		44,403		420,052
Chipotle Mexican Grill, Inc.*		1,257		2,007,178
Darden Restaurants, Inc.		5,657		699,828
Domino's Pizza, Inc.		1,644		611,338
Expedia Group, Inc.*		6,914		709,722
Hilton Worldwide Holdings, Inc.		12,659		1,612,250
Las Vegas Sands Corp.*		15,661		589,323
Marriott International, Inc., Class A		12,526		1,925,747
McDonald's Corp.		33,634		8,485,186
MGM Resorts International		16,087		525,080
Norwegian Cruise Line Holdings Ltd.*		19,076		249,514
Penn Entertainment, Inc.*		7,459		232,945
Royal Caribbean Cruises Ltd.*		10,210		417,079
Starbucks Corp.		52,186		4,387,277
Wynn Resorts Ltd.*		4,814		291,680
Yum! Brands, Inc.		12,951		1,440,669
				28,529,775
Household Durables - 0.2%
DR Horton, Inc.		14,543		1,034,734
Garmin Ltd.		6,947		614,740
Lennar Corp., Class A		11,770		911,587
Mohawk Industries, Inc.*		2,333		257,470
Newell Brands, Inc.		16,770		299,345
NVR, Inc.*		150		621,009
PulteGroup, Inc.		10,826		440,185
Whirlpool Corp.		2,574		403,088
				4,582,158
Household Products - 1.0%
Church & Dwight Co., Inc.		11,037		923,907
Clorox Co. (The)		5,608		809,459
Colgate-Palmolive Co.		38,101		2,979,879
Kimberly-Clark Corp.		15,331		1,955,009
Procter & Gamble Co. (The)		109,173		15,059,324
				21,727,578
Independent Power and Renewable Electricity Producers - 0.0%(c)
AES Corp. (The)		30,391		773,451
Industrial Conglomerates - 0.6%
3M Co.		25,912		3,222,157

UltraPro S&P500^®

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
General Electric Co.		50,058		3,676,260
Honeywell International, Inc.		30,977		5,865,495
				12,763,912
Insurance - 1.5%
Aflac, Inc.		26,989		1,603,686
Allstate Corp. (The)		12,515		1,508,057
American International Group, Inc.		36,040		1,865,070
Aon plc, Class A		9,650		2,694,859
Arthur J Gallagher & Co.		9,536		1,731,452
Assurant, Inc.		2,466		390,836
Brown & Brown, Inc.		10,676		673,015
Chubb Ltd.		19,288		3,646,396
Cincinnati Financial Corp.		6,805		659,813
Everest Re Group Ltd.		1,810		486,980
Globe Life, Inc.		4,144		402,755
Hartford Financial Services Group, Inc. (The)		14,960		962,078
Lincoln National Corp.		7,351		338,587
Loews Corp.		8,843		489,106
Marsh & McLennan Cos., Inc.		22,826		3,683,432
MetLife, Inc.		31,407		2,020,412
Principal Financial Group, Inc.		10,710		800,680
Progressive Corp. (The)		26,615		3,264,330
Prudential Financial, Inc.		17,045		1,632,059
Travelers Cos., Inc. (The)		10,912		1,763,816
W R Berkley Corp.		9,512		616,378
Willis Towers Watson plc		5,076		1,049,869
				32,283,666
Interactive Media & Services - 3.5%
Alphabet, Inc., Class A*		273,645		29,613,862
Alphabet, Inc., Class C*		251,086		27,406,037
Match Group, Inc.*		12,972		733,307
Meta Platforms, Inc., Class A*		104,353		17,002,234
Twitter, Inc.*		34,695		1,344,431
				76,099,871
Internet & Direct Marketing Retail - 2.4%
Amazon.com, Inc.*		398,086		50,465,362
eBay, Inc.		25,443		1,122,799
Etsy, Inc.*		5,765		608,842
				52,197,003
IT Services - 3.1%
Accenture plc, Class A		28,804		8,308,802
Akamai Technologies, Inc.*		7,279		657,148
Automatic Data Processing, Inc.		19,014		4,647,212
Broadridge Financial Solutions, Inc.		5,344		914,733
Cognizant Technology Solutions Corp., Class A		23,702		1,497,255
DXC Technology Co.*		11,120		275,554
EPAM Systems, Inc.*		2,618		1,116,577
Fidelity National Information Services, Inc.		27,797		2,539,812
Fiserv, Inc.*		26,479		2,679,410
FleetCor Technologies, Inc.*		3,529		750,018
Gartner, Inc.*		3,654		1,042,559
Global Payments, Inc.		12,780		1,587,659
International Business Machines Corp.		40,928		5,257,202
Jack Henry & Associates, Inc.		3,332		640,410
Mastercard, Inc., Class A		39,108		12,685,462
Paychex, Inc.		14,604		1,801,257
PayPal Holdings, Inc.*		52,712		4,925,409
VeriSign, Inc.*		4,331		789,195
Visa, Inc., Class A		74,833		14,870,066
				66,985,740
Leisure Products - 0.0%(c)
Hasbro, Inc.		5,972		470,713
Life Sciences Tools & Services - 1.3%
Agilent Technologies, Inc.		13,656		1,751,382
Bio-Rad Laboratories, Inc., Class A*		993		481,645
Bio-Techne Corp.		1,798		596,594
Charles River Laboratories International, Inc.*		2,300		472,075
Danaher Corp.		29,445		7,947,500
Illumina, Inc.*		7,127		1,437,088
IQVIA Holdings, Inc.*		8,624		1,833,980
Mettler-Toledo International, Inc.*		1,039		1,259,746
PerkinElmer, Inc.		5,716		772,003
Thermo Fisher Scientific, Inc.		17,796		9,704,515
Waters Corp.*		2,744		819,358
West Pharmaceutical Services, Inc.		3,388		1,005,186
				28,081,072
Machinery - 1.1%
Caterpillar, Inc.		24,284		4,485,498
Cummins, Inc.		6,401		1,378,583
Deere & Co.		12,697		4,637,579
Dover Corp.		6,548		818,238
Fortive Corp.		16,275		1,030,696
IDEX Corp.		3,452		694,577
Illinois Tool Works, Inc.		12,889		2,511,164
Ingersoll Rand, Inc.		18,472		875,018
Nordson Corp.		2,463		559,520
Otis Worldwide Corp.		19,236		1,389,224
PACCAR, Inc.		15,826		1,384,933
Parker-Hannifin Corp.		5,847		1,549,455
Pentair plc		7,542		335,619
Snap-on, Inc.		2,429		529,182
Stanley Black & Decker, Inc.		6,887		606,745
Westinghouse Air Brake Technologies Corp.		8,317		728,985
Xylem, Inc.		8,207		747,658
				24,262,674
Media - 0.6%
Charter Communications, Inc., Class A*		5,281		2,179,099
Comcast Corp., Class A		203,389		7,360,648
DISH Network Corp., Class A*(b)		11,426		198,241
Fox Corp., Class A		14,187		484,912
Fox Corp., Class B		6,566		207,617
Interpublic Group of Cos., Inc. (The)		17,885		494,341
News Corp., Class A		17,676		299,078
News Corp., Class B		5,487		94,596
Omnicom Group, Inc.		9,374		627,120
Paramount Global, Class B		27,700		647,903
				12,593,555
Metals & Mining - 0.2%
Freeport-McMoRan, Inc.		65,945		1,951,972
Newmont Corp.		36,104		1,493,261
Nucor Corp.		12,086		1,606,713
				5,051,946
Multiline Retail - 0.3%
Dollar General Corp.		10,381		2,464,657
Dollar Tree, Inc.*		10,230		1,388,006

UltraPro S&P500^®

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Target Corp.		21,023		3,370,828
				7,223,491
Multi-Utilities - 0.7%
Ameren Corp.		11,752		1,088,470
CenterPoint Energy, Inc.		28,655		903,492
CMS Energy Corp.		13,202		891,663
Consolidated Edison, Inc.		16,118		1,575,373
Dominion Energy, Inc.		36,900		3,018,420
DTE Energy Co.		8,774		1,143,603
NiSource, Inc.		18,464		544,873
Public Service Enterprise Group, Inc.		22,703		1,461,165
Sempra Energy		14,286		2,356,762
WEC Energy Group, Inc.		14,348		1,479,853
				14,463,674
Oil, Gas & Consumable Fuels - 3.1%
APA Corp.		15,394		602,059
Chevron Corp.		89,405		14,131,354
ConocoPhillips		58,859		6,442,118
Coterra Energy, Inc.(b)		36,689		1,134,057
Devon Energy Corp.		27,905		1,970,651
Diamondback Energy, Inc.		7,602		1,013,195
EOG Resources, Inc.		26,654		3,233,130
Exxon Mobil Corp.		191,680		18,322,691
Hess Corp.		12,597		1,521,466
Kinder Morgan, Inc.		88,718		1,625,314
Marathon Oil Corp.		32,170		823,230
Marathon Petroleum Corp.		24,597		2,478,148
Occidental Petroleum Corp.		40,499		2,875,429
ONEOK, Inc.		20,311		1,243,642
Phillips 66		21,879		1,957,295
Pioneer Natural Resources Co.		10,226		2,589,428
Valero Energy Corp.		18,561		2,173,864
Williams Cos., Inc. (The)		55,390		1,884,922
				66,021,993
Personal Products - 0.1%
Estee Lauder Cos., Inc. (The), Class A		10,555		2,684,981
Pharmaceuticals - 2.9%
Bristol-Myers Squibb Co.		96,830		6,527,310
Catalent, Inc.*		8,141		716,408
Eli Lilly & Co.		35,881		10,808,434
Johnson & Johnson		119,733		19,317,722
Merck & Co., Inc.		115,031		9,819,046
Organon & Co.		11,559		329,778
Pfizer, Inc.		255,250		11,544,958
Viatris, Inc.		55,183		526,998
Zoetis, Inc.		21,410		3,351,307
				62,941,961
Professional Services - 0.2%
Equifax, Inc.		5,577		1,052,659
Jacobs Solutions, Inc.		5,860		730,039
Leidos Holdings, Inc.		6,212		590,451
Nielsen Holdings plc		16,335		454,766
Robert Half International, Inc.		5,014		385,927
Verisk Analytics, Inc.		7,173		1,342,499
				4,556,341
Real Estate Management & Development - 0.1%
CBRE Group, Inc., Class A*		14,886		1,175,399
Road & Rail - 0.7%
CSX Corp.		98,898		3,130,122
JB Hunt Transport Services, Inc.		3,807		662,494
Norfolk Southern Corp.		10,870		2,642,823
Old Dominion Freight Line, Inc.		4,174		1,132,865
Union Pacific Corp.		28,595		6,419,864
				13,988,168
Semiconductors & Semiconductor Equipment - 3.6%
Advanced Micro Devices, Inc.*		73,745		6,258,780
Analog Devices, Inc.		23,791		3,605,050
Applied Materials, Inc.		40,184		3,780,109
Broadcom, Inc.		18,569		9,267,974
Enphase Energy, Inc.*		6,153		1,762,465
Intel Corp.		186,055		5,938,876
KLA Corp.		6,811		2,343,869
Lam Research Corp.		6,312		2,764,088
Microchip Technology, Inc.		25,283		1,649,716
Micron Technology, Inc.		50,793		2,871,328
Monolithic Power Systems, Inc.		1,999		905,907
NVIDIA Corp.		113,924		17,195,689
NXP Semiconductors NV		11,946		1,966,073
ON Semiconductor Corp.*		19,784		1,360,546
Qorvo, Inc.*		4,925		442,166
QUALCOMM, Inc.		50,959		6,740,347
Skyworks Solutions, Inc.		7,309		720,302
SolarEdge Technologies, Inc.*		2,533		699,032
Teradyne, Inc.		7,274		615,671
Texas Instruments, Inc.		41,954		6,931,220
				77,819,208
Software - 6.2%
Adobe, Inc.*		21,508		8,031,948
ANSYS, Inc.*		3,968		985,254
Autodesk, Inc.*		9,909		1,999,042
Cadence Design Systems, Inc.*		12,552		2,181,161
Ceridian HCM Holding, Inc.*		6,222		371,080
Citrix Systems, Inc.		5,657		581,370
Fortinet, Inc.*		29,351		1,429,100
Intuit, Inc.		12,865		5,554,850
Microsoft Corp.		340,226		88,958,892
NortonLifeLock, Inc.		26,499		598,612
Oracle Corp.		71,608		5,309,733
Paycom Software, Inc.*		2,185		767,372
PTC, Inc.*		4,801		551,587
Roper Technologies, Inc.		4,835		1,946,474
Salesforce, Inc.*		45,218		7,059,434
ServiceNow, Inc.*		9,130		3,968,081
Synopsys, Inc.*		6,965		2,410,029
Tyler Technologies, Inc.*		1,882		699,182
				133,403,201
Specialty Retail - 1.5%
Advance Auto Parts, Inc.		2,789		470,337
AutoZone, Inc.*		915		1,939,077
Bath & Body Works, Inc.		10,887		406,412
Best Buy Co., Inc.		9,227		652,257
CarMax, Inc.*		7,291		644,816
Home Depot, Inc. (The)		46,999		13,555,452
Lowe's Cos., Inc.		30,102		5,844,002
O'Reilly Automotive, Inc.*		2,972		2,071,841
Ross Stores, Inc.		16,008		1,381,010
TJX Cos., Inc. (The)		53,464		3,333,480
Tractor Supply Co.		5,090		942,413
Ulta Beauty, Inc.*		2,371		995,512
				32,236,609
Technology Hardware, Storage & Peripherals - 5.3%
Apple, Inc.		699,449		109,967,372

UltraPro S&P500^®

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Shares		Value ($)
Hewlett Packard Enterprise Co.		59,154		804,494
HP, Inc.(b)		47,890		1,374,922
NetApp, Inc.		10,149		732,047
Seagate Technology Holdings plc		8,999		602,573
Western Digital Corp.*		14,241		601,825
				114,083,233
Textiles, Apparel & Luxury Goods - 0.4%
NIKE, Inc., Class B		57,716		6,143,868
PVH Corp.		3,063		172,294
Ralph Lauren Corp.		2,096		191,428
Tapestry, Inc.		11,472		398,422
VF Corp.		14,656		607,491
				7,513,503
Tobacco - 0.5%
Altria Group, Inc.		82,372		3,716,625
Philip Morris International, Inc.		70,507		6,732,713
				10,449,338
Trading Companies & Distributors - 0.2%
Fastenal Co.		26,188		1,318,042
United Rentals, Inc.*(b)		3,273		955,847
WW Grainger, Inc.		1,959		1,087,127
				3,361,016
Water Utilities - 0.1%
American Water Works Co., Inc.		8,274		1,228,275
Wireless Telecommunication Services - 0.2%
T-Mobile US, Inc.*		26,775		3,854,529
TOTAL COMMON STOCKS (Cost $1,826,816,201)				1,516,453,648

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 53.2%
REPURCHASE AGREEMENTS(d) - 16.1%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $346,297,607
(Cost $346,276,437)		346,276,437		346,276,437
U.S. TREASURY OBLIGATIONS - 37.1%
U.S. Treasury Bills
2.02%, 9/22/2022(e)		175,000,000		174,790,730
1.68%, 9/29/2022(e)		100,000,000		99,834,644
2.49%, 11/10/2022(e)		200,000,000		198,989,212
2.61%, 11/17/2022(e)		75,000,000		74,570,885
2.59%, 12/1/2022(e)		250,000,000		248,189,005
TOTAL U.S. TREASURY OBLIGATIONS (Cost $796,664,249)				796,374,476
TOTAL SHORT-TERM INVESTMENTS (Cost $1,142,940,686)				1,142,650,913
Total Investments - 123.7%  (Cost $2,969,756,887)				2,659,104,561
Liabilities in excess of other assets - (23.7%)				(509,556,040	)
Net Assets - 100.0%				2,149,548,521

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,699,296,472.
(b)	The security or a portion of this security is on loan at August 31, 2022. The total value of securities on loan at August 31, 2022 was $294,080, collateralized in the form of U.S. Government Treasury Securities, interest rates ranging from 0.13% – 4.63%, and maturity dates ranging from December 15, 2022 – May 15, 2051. The total value of collateral is $306,852.
(c)	Represents less than 0.05% of net assets.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(e)	The rate shown was the current yield as of August 31, 2022.

UltraPro S&P500^®

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Purchased

UltraPro S&P500^® had the following open long futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P 500 E-Mini Index	273	9/16/2022	USD	$	54,006,225	$	3,344,903

Swap Agreements

UltraPro S&P500^® had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
	562,658,075	5/8/2023	Bank of America NA		2.68	%	S&P 500®		(157,720,912	)
	555,784,285	5/8/2023	BNP Paribas SA		2.93	%	S&P 500®		(130,451,597	)
	461,390,300	4/10/2023	Citibank NA		2.99	%	S&P 500®		(68,833,344	)
	339,058,195	11/6/2023	Credit Suisse International		2.93	%	S&P 500®		(40,847,068	)
	862,557,815	4/8/2024	Goldman Sachs International		2.93	%	S&P 500®		(32,340,407	)
	551,967,710	5/8/2023	J.P. Morgan Securities		2.73	%	S&P 500®		(175,185,133	)
	350,859,915	4/10/2023	Morgan Stanley & Co. International plc		2.88	%	S&P 500®		(116,097,354	)
	582,440,985	3/7/2023	Societe Generale		2.83	%	S&P 500®		(208,961,372	)
	611,237,340	3/7/2023	UBS AG		2.83	%	S&P 500®		(151,724,826	)
	4,877,954,620								(1,082,162,013	)
							Total Unrealized Depreciation		(1,082,162,013	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Short 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 88.8%
REPURCHASE AGREEMENTS(a) - 33.3%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $128,977,143
(Cost $128,969,258)		128,969,258		128,969,258
U.S. TREASURY OBLIGATIONS - 55.5%
U.S. Treasury Bills
1.35%, 9/8/2022(b)		50,000,000		49,980,215
1.53%, 9/15/2022(b)		50,000,000		49,958,389
1.67%, 9/22/2022(b)		75,000,000		74,910,313
0.69%, 12/29/2022(b)		40,000,000		39,604,986
TOTAL U.S. TREASURY OBLIGATIONS (Cost $214,793,893)				214,453,903
TOTAL SHORT-TERM INVESTMENTS (Cost $343,763,151)				343,423,161
Total Investments - 88.8%  (Cost $343,763,151)				343,423,161
Other assets less liabilities - 11.2%				43,418,888
Net Assets - 100.0%				386,842,049

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	The rate shown was the current yield as of August 31, 2022.

UltraPro Short 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold

UltraPro Short 20+ Year Treasury had the following open short futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
U.S. Treasury Long Bond	85	12/20/2022	USD	$	11,514,844	$	144,145

Swap Agreements

UltraPro Short 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(406,288,872	)	1/16/2023	Bank of America NA		(2.03	)%	ICE U.S. Treasury 20+ Year Bond Index		7,777,749
	(227,216,798	)	2/17/2023	Citibank NA		(1.88	)%	ICE U.S. Treasury 20+ Year Bond Index		(1,685,715	)
	(299,957,331	)	1/16/2023	Goldman Sachs International		(1.91	)%	ICE U.S. Treasury 20+ Year Bond Index		10,683,181
	(223,336,925	)	1/16/2024	Societe Generale		(2.05	)%	ICE U.S. Treasury 20+ Year Bond Index		9,959,456
	(1,156,799,926	)								26,734,671
								Total Unrealized Appreciation		28,420,386
								Total Unrealized Depreciation		(1,685,715	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Short Dow30^SM

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 76.5%
REPURCHASE AGREEMENTS(a) - 13.8%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $53,730,184
(Cost $53,726,900)		53,726,900		53,726,900
U.S. TREASURY OBLIGATIONS(b) - 62.7%
U.S. Treasury Bills
1.90%, 9/1/2022(c)		25,000,000		25,000,000
0.11%, 9/8/2022(c)		20,000,000		19,992,086
2.09%, 9/22/2022(c)		50,000,000		49,940,209
1.68%, 9/29/2022(c)		50,000,000		49,917,322
2.62%, 11/17/2022(c)		100,000,000		99,427,847
TOTAL U.S. TREASURY OBLIGATIONS (Cost $244,316,027)				244,277,464
TOTAL SHORT-TERM INVESTMENTS (Cost $298,042,927)				298,004,364
Total Investments - 76.5%  (Cost $298,042,927)				298,004,364
Other assets less liabilities - 23.5%				91,313,183
Net Assets - 100.0%				389,317,547

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $77,578,407.
(c)	The rate shown was the current yield as of August 31, 2022.

UltraPro Short Dow30^SM

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold

UltraPro Short Dow30^SM had the following open short futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
DJIA CBOT E-Mini Index	217	9/16/2022	USD	$	34,212,220	$	739,018

Swap Agreements

UltraPro Short Dow30^SM had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(329,914,202	)	5/8/2023	Bank of America NA		(2.53	)%	Dow Jones Industrial AverageSM		15,005,149
	(70,016,175	)	11/6/2023	Barclays Capital		(2.53	)%	Dow Jones Industrial AverageSM		3,513,138
	(30,092,461	)	5/8/2023	BNP Paribas SA		(2.63	)%	Dow Jones Industrial AverageSM		15,974,010
	(112,051,089	)	4/10/2023	Citibank NA		(2.81	)%	Dow Jones Industrial AverageSM		(8,683,918	)
	(215,216,237	)	3/7/2023	Goldman Sachs International		(2.68	)%	Dow Jones Industrial AverageSM		13,368,683
	(128,720,107	)	4/10/2023	Morgan Stanley & Co. International plc		(2.13	)%	Dow Jones Industrial AverageSM		27,585,750
	(96,579,468	)	4/10/2023	Societe Generale		(2.43	)%	Dow Jones Industrial AverageSM		(6,202,001	)
	(151,146,993	)	3/7/2023	UBS AG		(2.53	)%	Dow Jones Industrial AverageSM		22,648,787
	(1,133,736,732	)								83,209,598
								Total Unrealized Appreciation		98,095,517
								Total Unrealized Depreciation		(14,885,919	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Short MidCap400

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 67.2%
REPURCHASE AGREEMENTS(a) - 67.2%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $6,807,376
(Cost $6,806,961)		6,806,961		6,806,961
Total Investments - 67.2%  (Cost $6,806,961)				6,806,961
Other assets less liabilities - 32.8%				3,319,914
Net Assets - 100.0%				10,126,875

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraPro Short MidCap400

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold

UltraPro Short MidCap400 had the following open short futures contracts as of August 31, 2022:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P Midcap 400 E-Mini Index		2	9/16/2022	USD	$	486,060	$	3,341

Swap Agreements

UltraPro Short MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(5,817,313	)	11/7/2022	Bank of America NA		(2.43	)%	S&P MidCap 400®		(879,605	)
(8,620,503	)	5/8/2023	BNP Paribas SA		(2.48	)%	S&P MidCap 400®		622,504
(4,424,511	)	4/8/2024	Citibank NA		(2.53	)%	S&P MidCap 400®		(347,746	)
(3,962,612	)	4/10/2023	Morgan Stanley & Co. International plc		(2.13	)%	S&P MidCap 400®		116,420
(7,069,493	)	3/7/2023	Societe Generale		(2.06	)%	S&P MidCap 400®		219,600
(29,894,432	)								(268,827	)
							Total Unrealized Appreciation		958,524
							Total Unrealized Depreciation		(1,227,351	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Short QQQ

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 99.5%
REPURCHASE AGREEMENTS(a) - 6.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $357,163,676
(Cost $357,141,840)		357,141,840		357,141,840
U.S. TREASURY OBLIGATIONS(b) - 92.8%
U.S. Treasury Bills
1.90%, 9/1/2022(c)		200,000,000		200,000,000
2.07%, 9/6/2022(c)		250,000,000		249,930,460
0.13%, 9/8/2022(c)		400,000,000		399,841,724
1.44%, 9/13/2022(c)		375,000,000		374,729,374
1.53%, 9/15/2022(c)		100,000,000		99,916,778
1.87%, 9/22/2022(c)		400,000,000		399,521,668
1.68%, 9/29/2022(c)		275,000,000		274,545,271
1.34%, 10/6/2022(c)		150,000,000		149,679,166
1.33%, 10/13/2022(c)		125,000,000		124,663,490
1.97%, 10/20/2022(c)		350,000,000		348,831,654
2.00%, 11/3/2022(c)		410,000,000		408,116,444
2.42%, 11/8/2022(c)		100,000,000		99,515,217
2.51%, 11/10/2022(c)		450,000,000		447,725,727
2.61%, 11/17/2022(c)		75,000,000		74,570,885
2.44%, 11/25/2022(c)		250,000,000		248,347,888
2.59%, 12/1/2022(c)		400,000,000		397,102,408
2.56%, 12/29/2022(c)		345,000,000		341,593,004
2.97%, 1/12/2023(c)		100,000,000		98,887,418
2.87%, 1/26/2023(c)		200,000,000		197,520,498
TOTAL U.S. TREASURY OBLIGATIONS (Cost $4,937,772,849)				4,935,039,074
TOTAL SHORT-TERM INVESTMENTS (Cost $5,294,914,689)				5,292,180,914
Total Investments - 99.5%  (Cost $5,294,914,689)				5,292,180,914
Other assets less liabilities - 0.5%				28,917,531
Net Assets - 100.0%				5,321,098,445

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,323,941,680.
(c)	The rate shown was the current yield as of August 31, 2022.

UltraPro Short QQQ

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold

UltraPro Short QQQ had the following open short futures contracts as of August 31, 2022:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
NASDAQ 100 E-Mini Index		607	9/16/2022	USD	$	149,142,935	$	5,199,640

Swap Agreements

UltraPro Short QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(1,474,533,493	)	3/7/2023	Bank of America NA		(2.63	)%	NASDAQ-100 Index®		54,304,820
(1,997,371,059	)	11/6/2023	Barclays Capital		(2.53	)%	NASDAQ-100 Index®		(70,635,204	)
(2,177,426,283	)	3/7/2023	BNP Paribas SA		(2.68	)%	NASDAQ-100 Index®		(40,870,385	)
(2,304,478,609	)	11/6/2023	Citibank NA		(2.81	)%	NASDAQ-100 Index®		11,696,748
(2,145,948,526	)	11/6/2023	Goldman Sachs International		(2.68	)%	NASDAQ-100 Index®		(56,345,058	)
(2,096,713,142	)	5/8/2023	J.P. Morgan Securities		(2.48	)%	NASDAQ-100 Index®		195,069,079
(750,311,914	)	11/7/2022	Morgan Stanley & Co. International plc		(2.13	)%	NASDAQ-100 Index®		51,446,800
(1,405,675,132	)	11/6/2023	Societe Generale		(2.88	)%	NASDAQ-100 Index®		3,044,418
(1,462,478,726	)	11/6/2023	UBS AG		(2.48	)%	NASDAQ-100 Index®		(61,896,796	)
(15,814,936,884	)								85,814,422
							Total Unrealized Appreciation		315,561,865
							Total Unrealized Depreciation		(229,747,443	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Short Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 67.6%
REPURCHASE AGREEMENTS(a) - 18.1%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $36,587,587
(Cost $36,585,350)		36,585,350		36,585,350
U.S. TREASURY OBLIGATIONS(b) - 49.5%
U.S. Treasury Bills
1.67%, 9/22/2022(c)		50,000,000		49,940,209
1.68%, 9/29/2022(c)		25,000,000		24,958,661
0.51%, 11/3/2022(c)		25,000,000		24,885,149
TOTAL U.S. TREASURY OBLIGATIONS (Cost $99,896,988)				99,784,019
TOTAL SHORT-TERM INVESTMENTS (Cost $136,482,338)				136,369,369
Total Investments - 67.6%  (Cost $136,482,338)				136,369,369
Other assets less liabilities - 32.4%				65,251,908
Net Assets - 100.0%				201,621,277

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $27,994,971.
(c)	The rate shown was the current yield as of August 31, 2022.

UltraPro Short Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold

UltraPro Short Russell2000 had the following open short futures contracts as of August 31, 2022:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index		55	9/16/2022	USD	$	5,072,650	$	213,150

Swap Agreements

UltraPro Short Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(116,349,219	)	3/7/2023	Bank of America NA		(1.68	)%	Russell 2000® Index		11,597,546
(49,970,120	)	11/6/2023	Barclays Capital		(2.43	)%	Russell 2000® Index		(2,057,130	)
(35,744,578	)	3/7/2023	BNP Paribas SA		(2.18	)%	Russell 2000® Index		6,811,435
(63,127,916	)	11/6/2023	Citibank NA		(2.14	)%	Russell 2000® Index		8,153,782
(144,029,460	)	11/6/2023	Goldman Sachs International		(2.33	)%	Russell 2000® Index		(5,082,523	)
(95,442,430	)	11/7/2022	Morgan Stanley & Co. International plc		(2.03	)%	Russell 2000® Index		(8,437,126	)
(59,087,449	)	11/7/2022	Societe Generale		(1.98	)%	Russell 2000® Index		(16,908,635	)
(36,076,619	)	11/6/2023	UBS AG		(1.83	)%	Russell 2000® Index		(9,655,164	)
(599,827,791	)								(15,577,815	)
							Total Unrealized Appreciation		26,562,763
							Total Unrealized Depreciation		(42,140,578	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Short S&P500^®

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 102.1%
REPURCHASE AGREEMENTS(a) - 5.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $70,928,054
(Cost $70,923,715)		70,923,715		70,923,715
U.S. TREASURY OBLIGATIONS(b) - 96.2%
U.S. Treasury Bills
1.90%, 9/1/2022(c)		75,000,000		75,000,000
0.14%, 9/8/2022(c)		75,000,000		74,970,323
1.51%, 9/13/2022(c)		75,000,000		74,945,875
1.78%, 9/22/2022(c)		225,000,000		224,730,938
1.68%, 9/29/2022(c)		50,000,000		49,917,322
1.34%, 10/6/2022(c)		50,000,000		49,893,055
1.33%, 10/13/2022(c)		50,000,000		49,865,396
2.40%, 10/20/2022(c)		125,000,000		124,582,734
1.78%, 11/3/2022(c)		185,000,000		184,150,103
2.56%, 12/1/2022(c)		150,000,000		148,913,403
2.84%, 1/26/2023(c)		50,000,000		49,380,125
2.68%, 2/23/2023(c)		50,000,000		49,219,184
TOTAL U.S. TREASURY OBLIGATIONS (Cost $1,156,366,025)				1,155,568,458
TOTAL SHORT-TERM INVESTMENTS (Cost $1,227,289,740)				1,226,492,173
Total Investments - 102.1%  (Cost $1,227,289,740)				1,226,492,173
Liabilities in excess of other assets - (2.1%)				(25,469,126	)
Net Assets - 100.0%				1,201,023,047

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $357,518,410.
(c)	The rate shown was the current yield as of August 31, 2022.

UltraPro Short S&P500^®

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold

UltraPro Short S&P500^® had the following open short futures contracts as of August 31, 2022:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P 500 E-Mini Index		329	9/16/2022	USD	$	65,084,425	$	2,714,350

Swap Agreements

UltraPro Short S&P500^® had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(548,186,730	)	5/8/2023	Bank of America NA		(2.38	)%	S&P 500®		26,206,299
(526,291,850	)	11/7/2022	BNP Paribas SA		(2.63	)%	S&P 500®		(38,951,167	)
(515,644,990	)	4/8/2024	Citibank NA		(2.81	)%	S&P 500®		(66,031,234	)
(303,186,345	)	3/7/2023	Goldman Sachs International		(2.68	)%	S&P 500®		(3,821,032	)
(291,839,450	)	5/8/2023	J.P. Morgan Securities		(2.48	)%	S&P 500®		17,592,836
(329,578,060	)	4/10/2023	Morgan Stanley & Co. International plc		(2.13	)%	S&P 500®		3,317,181
(605,771,530	)	3/7/2023	Societe Generale		(2.53	)%	S&P 500®		(23,448,037	)
(417,452,180	)	3/7/2023	UBS AG		(2.48	)%	S&P 500®		4,944,903
(3,537,951,135	)								(80,190,251	)
							Total Unrealized Appreciation		52,061,219
							Total Unrealized Depreciation		(132,251,470	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort 7-10 Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 96.8%
REPURCHASE AGREEMENTS(a) - 65.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $52,480,715
(Cost $52,477,506)		52,477,506		52,477,506
U.S. TREASURY OBLIGATIONS(b) - 31.1%
U.S. Treasury Bills
0.69%, 12/29/2022(c)  (Cost $24,943,310)		25,000,000		24,753,116
TOTAL SHORT-TERM INVESTMENTS (Cost $77,420,816)				77,230,622
Total Investments - 96.8%  (Cost $77,420,816)				77,230,622
Other assets less liabilities - 3.2%				2,590,333
Net Assets - 100.0%				79,820,955

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $2,633,401.
(c)	The rate shown was the current yield as of August 31, 2022.

UltraShort 7-10 Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Futures Contracts Sold

UltraShort 7-10 Year Treasury had the following open short futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
U.S. Treasury 10 Year Note	1	12/20/2022	USD	$	116,625	$	1,233

Swap Agreements

UltraShort 7-10 Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(9,510,835	)	11/7/2022	Bank of America NA		(1.84	)%	ICE U.S. Treasury 7-10 Year Bond Index		302,147
(15,979,696	)	2/17/2023	Citibank NA		(1.86	)%	ICE U.S. Treasury 7-10 Year Bond Index		(1,331,211	)
(4,821,978	)	1/16/2024	Goldman Sachs International		(2.11	)%	ICE U.S. Treasury 7-10 Year Bond Index		79,687
(128,875,246	)	1/16/2024	Societe Generale		(2.05	)%	ICE U.S. Treasury 7-10 Year Bond Index		1,780,425
(159,187,755	)								831,048
							Total Unrealized Appreciation		2,162,259
							Total Unrealized Depreciation		(1,331,211	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort 20+ Year Treasury
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 92.0%
REPURCHASE AGREEMENTS(a) - 8.3%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $96,067,395
(Cost $96,061,523)		96,061,523		96,061,523
U.S. TREASURY OBLIGATIONS(b) - 83.7%
U.S. Treasury Bills
0.10%, 9/8/2022(c)		165,000,000		164,934,711
1.15%, 9/13/2022(c)		50,000,000		49,963,917
1.53%, 9/15/2022(c)		50,000,000		49,958,389
1.88%, 9/22/2022(c)		125,000,000		124,850,521
1.68%, 9/29/2022(c)		25,000,000		24,958,661
1.34%, 10/6/2022(c)		50,000,000		49,893,055
1.33%, 10/13/2022(c)		50,000,000		49,865,396
2.33%, 10/20/2022(c)		25,000,000		24,916,547
0.51%, 11/3/2022(c)		35,000,000		34,839,209
2.49%, 11/10/2022(c)		100,000,000		99,494,606
2.61%, 11/17/2022(c)		25,000,000		24,856,962
2.44%, 11/25/2022(c)		100,000,000		99,339,155
2.64%, 12/1/2022(c)		100,000,000		99,275,602
0.69%, 12/29/2022(c)		25,000,000		24,753,116
2.84%, 1/26/2023(c)		50,000,000		49,380,124
TOTAL U.S. TREASURY OBLIGATIONS (Cost $972,045,414)				971,279,971
TOTAL SHORT-TERM INVESTMENTS (Cost $1,068,106,937)				1,067,341,494
Total Investments - 92.0%  (Cost $1,068,106,937)				1,067,341,494
Other assets less liabilities - 8.0%				93,297,910
Net Assets - 100.0%				1,160,639,404

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $32,771,580.
(c)	The rate shown was the current yield as of August 31, 2022.

UltraShort 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Futures Contracts Sold

UltraShort 20+ Year Treasury had the following open short futures contracts as of August 31, 2022:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
U.S. Treasury Long Bond	277	12/20/2022	USD	$	37,524,844	$	469,742

Swap Agreements

UltraShort 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(592,801,919	)	1/16/2023	Bank of America NA		(2.03	)%	ICE U.S. Treasury 20+ Year Bond Index		38,659,853
(432,103,589	)	2/17/2023	Citibank NA		(1.88	)%	ICE U.S. Treasury 20+ Year Bond Index		(1,591,428	)
(705,714,590	)	1/16/2023	Goldman Sachs International		(1.91	)%	ICE U.S. Treasury 20+ Year Bond Index		21,695,731
(577,859,056	)	1/16/2024	Societe Generale		(2.05	)%	ICE U.S. Treasury 20+ Year Bond Index		34,007,524
(2,308,479,154	)								92,771,680
							Total Unrealized Appreciation		94,363,108
							Total Unrealized Depreciation		(1,591,428	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort Basic Materials

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 67.7%
REPURCHASE AGREEMENTS(a) - 67.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $4,206,038
(Cost $4,205,782)		4,205,782		4,205,782
Total Investments - 67.7%  (Cost $4,205,782)				4,205,782
Other assets less liabilities - 32.3%				2,010,313
Net Assets - 100.0%				6,216,095

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Basic Materials had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(4,592,738	)	5/8/2023	Bank of America NA		(1.93	)%	Dow Jones U.S. Basic MaterialsSM Index		(51,776	)
(570,585	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	Dow Jones U.S. Basic MaterialsSM Index		(49,745	)
(2,444,940	)	3/7/2023	Societe Generale		(2.23	)%	Dow Jones U.S. Basic MaterialsSM Index		(19,139	)
(4,822,462	)	3/7/2023	UBS AG		(2.08	)%	Dow Jones U.S. Basic MaterialsSM Index		(118,816	)
(12,430,725	)								(239,476	)
							Total Unrealized Depreciation		(239,476	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Consumer Goods

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 89.0%
REPURCHASE AGREEMENTS(a) - 89.0%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $3,256,058
(Cost $3,255,858)		3,255,858		3,255,858
Total Investments - 89.0%  (Cost $3,255,858)				3,255,858
Other assets less liabilities - 11.0%				403,917
Net Assets - 100.0%				3,659,775

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Consumer Goods had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(1,091,274	)	5/8/2023	Bank of America NA		(2.18	)%	Dow Jones U.S. Consumer GoodsSM Index		38,498
(957,397	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	Dow Jones U.S. Consumer GoodsSM Index		(72,545	)
(3,403,295	)	3/7/2023	Societe Generale		(2.23	)%	Dow Jones U.S. Consumer GoodsSM Index		(113,132	)
(1,867,233	)	3/7/2023	UBS AG		(2.08	)%	Dow Jones U.S. Consumer GoodsSM Index		(229,493	)
(7,319,199	)								(376,672	)
							Total Unrealized Appreciation		38,498
							Total Unrealized Depreciation		(415,170	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Consumer Services

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 77.2%
REPURCHASE AGREEMENTS(a) - 77.2%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $6,352,955
(Cost $6,352,567)		6,352,567		6,352,567
Total Investments - 77.2%  (Cost $6,352,567)				6,352,567
Other assets less liabilities - 22.8%				1,873,093
Net Assets - 100.0%				8,225,660

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Consumer Services had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(1,504,593	)	5/8/2023	Bank of America NA		(2.23	)%	Dow Jones U.S. Consumer ServicesSM Index		459,593
(2,157,904	)	5/8/2023	BNP Paribas SA		(2.38	)%	Dow Jones U.S. Consumer ServicesSM Index		262,526
(7,980,779	)	3/7/2023	Goldman Sachs International		(2.43	)%	Dow Jones U.S. Consumer ServicesSM Index		37,742
(220,245	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	Dow Jones U.S. Consumer ServicesSM Index		(16,819	)
(2,112,122	)	3/6/2024	Societe Generale		(2.23	)%	Dow Jones U.S. Consumer ServicesSM Index		16,926
(2,475,897	)	3/6/2024	UBS AG		(2.08	)%	Dow Jones U.S. Consumer ServicesSM Index		(86,394	)
(16,451,540	)								673,574
							Total Unrealized Appreciation		776,787
							Total Unrealized Depreciation		(103,213	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Dow30^SM

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 70.4%
REPURCHASE AGREEMENTS(a) - 70.4%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $85,242,310
(Cost $85,237,097)		85,237,097		85,237,097
Total Investments - 70.4%  (Cost $85,237,097)				85,237,097
Other assets less liabilities - 29.6%				35,781,339
Net Assets - 100.0%				121,018,436

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort Dow30^SM
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Futures Contracts Sold

UltraShort Dow30^SM had the following open short futures contracts as of August 31, 2022:

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
DJIA CBOT E-Mini Index		71	9/16/2022	USD	$	11,193,860	$	63,023

Swap Agreements

UltraShort Dow30^SM had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(47,202,624	)	11/7/2022	Bank of America NA		(2.53	)%	Dow Jones Industrial AverageSM		(5,991,187	)
	(16,858,080	)	11/6/2023	Barclays Capital		(2.53	)%	Dow Jones Industrial AverageSM		972,200
	(36,930,224	)	5/8/2023	BNP Paribas SA		(2.63	)%	Dow Jones Industrial AverageSM		4,970,359
	(31,857,045	)	4/10/2023	Citibank NA		(2.81	)%	Dow Jones Industrial AverageSM		1,960,653
	(34,578,380	)	3/7/2023	Goldman Sachs International		(2.68	)%	Dow Jones Industrial AverageSM		4,124,678
	(16,007,298	)	3/7/2023	Societe Generale		(2.43	)%	Dow Jones Industrial AverageSM		2,169,829
	(47,404,039	)	3/7/2023	UBS AG		(2.53	)%	Dow Jones Industrial AverageSM		2,290,725
	(230,837,690	)								10,497,257
								Total Unrealized Appreciation		16,488,444
								Total Unrealized Depreciation		(5,991,187	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort Financials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 50.8%
REPURCHASE AGREEMENTS(a) - 50.8%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $8,134,903
(Cost $8,134,407)		8,134,407		8,134,407
Total Investments - 50.8%  (Cost $8,134,407)				8,134,407
Other assets less liabilities - 49.2%				7,884,911
Net Assets - 100.0%				16,019,318

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Financials had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(5,974,507	)	5/8/2023	Bank of America NA		(2.23	)%	Dow Jones U.S. FinancialsSM Indexc		809,484
	(1,316,795	)	5/8/2023	BNP Paribas SA		(2.53	)%	Dow Jones U.S. FinancialsSM Indexc		849,241
	(5,321,866	)	4/10/2023	Citibank NA		(2.48	)%	Dow Jones U.S. FinancialsSM Indexc		586,664
	(4,068,392	)	3/7/2023	Goldman Sachs International		(2.43	)%	Dow Jones U.S. FinancialsSM Indexc		(235,757	)
	(2,747,280	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	Dow Jones U.S. FinancialsSM Indexc		(1,299,604	)
	(5,475,851	)	3/7/2023	Societe Generale		(2.43	)%	Dow Jones U.S. FinancialsSM Indexc		17,621
	(7,131,559	)	3/7/2023	UBS AG		(2.43	)%	Dow Jones U.S. FinancialsSM Indexc		613,398
	(32,036,250	)								1,341,047
								Total Unrealized Appreciation		2,876,408
								Total Unrealized Depreciation		(1,535,361	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Financials for the components of the underlying reference instrument and their relative weightings.

UltraShort FTSE China 50
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 69.9%
REPURCHASE AGREEMENTS(a) - 69.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $17,610,978
(Cost $17,609,903)		17,609,903		17,609,903
Total Investments - 69.9%  (Cost $17,609,903)				17,609,903
Other assets less liabilities - 30.1%				7,598,520
Net Assets - 100.0%				25,208,423

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

UltraShort FTSE China 50 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(13,445,037	)	3/7/2023	Bank of America NA		(0.83	)%	iShares® China Large-Cap ETF		(990,686	)
	(1,105,301	)	4/10/2023	Citibank NA		0.42	%	iShares® China Large-Cap ETF		237,417
	(11,255,094	)	4/10/2023	Goldman Sachs International		(1.83	)%	iShares® China Large-Cap ETF		(694,475	)
	(1,331,914	)	4/10/2023	Morgan Stanley & Co. International plc		(1.78	)%	iShares® China Large-Cap ETF		382,988
	(7,893,996	)	4/10/2023	Societe Generale		(0.68	)%	iShares® China Large-Cap ETF		(892,905	)
	(15,190,147	)	4/10/2023	UBS AG		(0.58	)%	iShares® China Large-Cap ETF		(4,701,818	)
	(50,221,489	)								(6,659,479	)
								Total Unrealized Appreciation		620,405
								Total Unrealized Depreciation		(7,279,884	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort FTSE Europe
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 55.1%
REPURCHASE AGREEMENTS(a) - 55.1%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $72,320,793
(Cost $72,316,370)		72,316,370		72,316,370
Total Investments - 55.1%  (Cost $72,316,370)				72,316,370
Other assets less liabilities - 44.9%				59,035,432
Net Assets - 100.0%				131,351,802

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort FTSE Europe
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Swap Agreements^a

UltraShort FTSE Europe had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation ($)
	(48,217,600	)	4/10/2023	Citibank NA		(1.53	)%	Vanguard® FTSE Europe ETF Shares		5,931,157
	(98,196,706	)	3/7/2023	Goldman Sachs International		(0.13	)%	Vanguard® FTSE Europe ETF Shares		3,426,676
	(296,348	)	4/10/2023	Morgan Stanley & Co. International plc		(1.78	)%	Vanguard® FTSE Europe ETF Shares		95,440
	(38,085,832	)	3/7/2023	Societe Generale		(1.38	)%	Vanguard® FTSE Europe ETF Shares		271,186
	(78,385,106	)	11/9/2022	UBS AG		(1.83	)%	Vanguard® FTSE Europe ETF Shares		5,869,860
	(263,181,592	)								15,594,319
								Total Unrealized Appreciation		15,594,319

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Health Care
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 93.5%
REPURCHASE AGREEMENTS(a) - 93.5%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $5,771,823
(Cost $5,771,471)		5,771,471		5,771,471
Total Investments - 93.5%  (Cost $5,771,471)				5,771,471
Other assets less liabilities - 6.5%				399,285
Net Assets - 100.0%				6,170,756

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Health Care had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(728,527	)	5/8/2023	Bank of America NA		(2.38	)%	Dow Jones U.S. Health CareSM Indexc		16,951
	(59,934	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	Dow Jones U.S. Health CareSM Indexc		(3,544	)
	(2,140,299	)	3/7/2023	Societe Generale		(2.33	)%	Dow Jones U.S. Health CareSM Indexc		(48,358	)
	(9,412,255	)	3/7/2023	UBS AG		(2.08	)%	Dow Jones U.S. Health CareSM Indexc		(21,233	)
	(12,341,015	)								(56,184	)
								Total Unrealized Appreciation		16,951
								Total Unrealized Depreciation		(73,135	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Health Care for the components of the underlying reference instrument and their relative weightings.

UltraShort Industrials
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 50.3%
REPURCHASE AGREEMENTS(a) - 50.3%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $1,195,410
(Cost $1,195,337)		1,195,337		1,195,337
Total Investments - 50.3%  (Cost $1,195,337)				1,195,337
Other assets less liabilities - 49.7%				1,179,191
Net Assets - 100.0%				2,374,528

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Industrials had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(576,073	)	11/7/2022	Bank of America NA		(2.23	)%	Dow Jones U.S. IndustrialsSM Index		119,109
	(1,068,145	)	3/7/2024	BNP Paribas SA		(2.48	)%	Dow Jones U.S. IndustrialsSM Index		(1,381	)
	(746,967	)	11/6/2023	Goldman Sachs International		(2.18	)%	Dow Jones U.S. IndustrialsSM Index		(138,270	)
	(1,149,815	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	Dow Jones U.S. IndustrialsSM Index		(52,476	)
	(459,743	)	3/7/2023	Societe Generale		(2.23	)%	Dow Jones U.S. IndustrialsSM Index		216,236
	(747,885	)	3/7/2023	UBS AG		(2.08	)%	Dow Jones U.S. IndustrialsSM Index		347,856
	(4,748,628	)								491,074
								Total Unrealized Appreciation		683,201
								Total Unrealized Depreciation		(192,127	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MidCap400
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 83.9%
REPURCHASE AGREEMENTS(a) - 83.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $2,480,876
(Cost $2,480,724)		2,480,724		2,480,724
Total Investments - 83.9%  (Cost $2,480,724)				2,480,724
Other assets less liabilities - 16.1%				476,440
Net Assets - 100.0%				2,957,164

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort MidCap400

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold

UltraShort MidCap400 had the following open short futures contracts as of August 31, 2022:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P Midcap 400 E-Mini Index	1	9/16/2022	USD	$	243,030	$	(2,675	)

Swap Agreements

UltraShort MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(1,115,852	)	5/8/2023	Bank of America NA		(2.43	)%	S&P MidCap 400®		(251,683	)
	(821,695	)	5/8/2023	BNP Paribas SA		(2.48	)%	S&P MidCap 400®		169,788
	(653,953	)	11/6/2023	Citibank NA		(2.53	)%	S&P MidCap 400®		18,446
	(495,934	)	11/7/2022	Morgan Stanley & Co. International plc		(2.13	)%	S&P MidCap 400®		(202,682	)
	(2,584,206	)	3/7/2023	Societe Generale		(2.06	)%	S&P MidCap 400®		(236,116	)
	(5,671,640	)								(502,247	)
								Total Unrealized Appreciation		188,234
								Total Unrealized Depreciation		(690,481	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort MSCI Brazil Capped
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 69.7%
REPURCHASE AGREEMENTS(a) - 69.7%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $10,224,349
(Cost $10,223,725)		10,223,725		10,223,725
Total Investments - 69.7%  (Cost $10,223,725)				10,223,725
Other assets less liabilities - 30.3%				4,440,690
Net Assets - 100.0%				14,664,415

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort MSCI Brazil Capped
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Swap Agreements^a

UltraShort MSCI Brazil Capped had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(4,653,190	)	11/9/2022	Bank of America NA		(0.83	)%	iShares® MSCI Brazil Capped ETF		(250,465	)
	(6,727,694	)	4/10/2023	Citibank NA		(2.13	)%	iShares® MSCI Brazil Capped ETF		(2,179,169	)
	(4,565,682	)	3/7/2023	Goldman Sachs International		(0.33	)%	iShares® MSCI Brazil Capped ETF		270,457
	(1,622,431	)	4/10/2023	Morgan Stanley & Co. International plc		(1.78	)%	iShares® MSCI Brazil Capped ETF		(186,280	)
	(5,444,691	)	3/7/2023	Societe Generale		(1.28	)%	iShares® MSCI Brazil Capped ETF		(1,214,019	)
	(6,253,601	)	3/7/2023	UBS AG		(1.58	)%	iShares® MSCI Brazil Capped ETF		(2,161,476	)
	(29,267,289	)								(5,720,952	)
								Total Unrealized Appreciation		270,457
								Total Unrealized Depreciation		(5,991,409	)

^a In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.

^b  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^c  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MSCI EAFE
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 79.6%
REPURCHASE AGREEMENTS(a) - 79.6%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $2,118,830
(Cost $2,118,701)		2,118,701		2,118,701
Total Investments - 79.6%  (Cost $2,118,701)				2,118,701
Other assets less liabilities - 20.4%				542,539
Net Assets - 100.0%				2,661,240

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

UltraShort MSCI EAFE had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation ($)
	(425,283	)	4/10/2023	Citibank NA		(1.93	)%	iShares® MSCI EAFE ETF		171,395
	(2,055,732	)	4/10/2023	Goldman Sachs International		(2.38	)%	iShares® MSCI EAFE ETF		48,741
	(1,048,483	)	3/7/2023	Societe Generale		(1.53	)%	iShares® MSCI EAFE ETF		72,488
	(1,768,283	)	11/9/2022	UBS AG		(1.93	)%	iShares® MSCI EAFE ETF		46,895
	(5,297,781	)								339,519
								Total Unrealized Appreciation		339,519

^a  In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.

^b  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^c Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MSCI Emerging Markets

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 69.1%
REPURCHASE AGREEMENTS(a) - 69.1%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $8,630,683
(Cost $8,630,154)		8,630,154		8,630,154
Total Investments - 69.1%  (Cost $8,630,154)				8,630,154
Other assets less liabilities - 30.9%				3,866,805
Net Assets - 100.0%				12,496,959

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort MSCI Emerging Markets

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Swap Agreements^a

UltraShort MSCI Emerging Markets had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(7,876	)	4/10/2023	Citibank NA		(1.78	)%	iShares® MSCI Emerging Markets ETF		880,600
	(7,832,125	)	4/10/2023	Goldman Sachs International		(1.83	)%	iShares® MSCI Emerging Markets ETF		(84,279	)
	(3,429,754	)	3/7/2023	Societe Generale		(0.63	)%	iShares® MSCI Emerging Markets ETF		(129,223	)
	(13,702,281	)	3/7/2023	UBS AG		(1.23	)%	iShares® MSCI Emerging Markets ETF		(181,673	)
	(24,972,036	)								485,425
								Total Unrealized Appreciation		880,600
								Total Unrealized Depreciation		(395,175	)

^a In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.

^b Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^c Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MSCI Japan

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 65.0%
REPURCHASE AGREEMENTS(a) - 65.0%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $3,341,997
(Cost $3,341,792)		3,341,792		3,341,792
Total Investments - 65.0%  (Cost $3,341,792)				3,341,792
Other assets less liabilities - 35.0%				1,799,387
Net Assets - 100.0%				5,141,179

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

UltraShort MSCI Japan had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(2,531,367	)	11/9/2022	Bank of America NA		(1.88	)%	iShares® MSCI Japan ETF		275,181
	(986,706	)	4/10/2023	Morgan Stanley & Co. International plc		(1.78	)%	iShares® MSCI Japan ETF		271,673
	(3,582,724	)	4/10/2023	Societe Generale		(1.18	)%	iShares® MSCI Japan ETF		(96,134	)
	(3,161,584	)	4/10/2023	UBS AG		(1.68	)%	iShares® MSCI Japan ETF		74,346
	(10,262,381	)								525,066
								Total Unrealized Appreciation		621,200
								Total Unrealized Depreciation		(96,134	)

^a  In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.

^b  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^c  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Nasdaq Biotechnology

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 47.5%
REPURCHASE AGREEMENTS(a) - 47.5%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $4,043,324
(Cost $4,043,077)		4,043,077		4,043,077
Total Investments - 47.5%  (Cost $4,043,077)				4,043,077
Other assets less liabilities - 52.5%				4,471,727
Net Assets - 100.0%				8,514,804

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Nasdaq Biotechnology had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(1,560,119	)	5/8/2023	Bank of America NA		(2.08	)%	NASDAQ Biotechnology Index®		(1,277,526	)
	(5,661,223	)	11/6/2023	BNP Paribas SA		(2.13	)%	NASDAQ Biotechnology Index®		(710,427	)
	(3,070,035	)	4/10/2023	Citibank NA		(1.33	)%	NASDAQ Biotechnology Index®		850,990
	(648,762	)	11/7/2022	Morgan Stanley & Co. International plc		(1.78	)%	NASDAQ Biotechnology Index®		34,552
	(2,525,539	)	3/7/2023	Societe Generale		(2.18	)%	NASDAQ Biotechnology Index®		941,808
	(3,564,331	)	11/6/2023	UBS AG		(1.33	)%	NASDAQ Biotechnology Index®		1,299,325
	(17,030,009	)								1,138,722
								Total Unrealized Appreciation		3,126,675
								Total Unrealized Depreciation		(1,987,953	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Oil & Gas
Schedule of Portfolio Investments
August 31, 2022 (Unaudited) 

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 77.9%
REPURCHASE AGREEMENTS(a) - 77.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $28,012,148 (Cost $28,010,435)		28,010,435		28,010,435
Total Investments - 77.9%  (Cost $28,010,435)				28,010,435
Other assets less liabilities - 22.1%				7,942,605
Net Assets - 100.0%				35,953,040

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort Oil & Gas
Schedule of Portfolio Investments
August 31, 2022 (Unaudited) 

Swap Agreements

UltraShort Oil & Gas had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(12,873,279	)	11/7/2022	Bank of America NA		(2.03	)%	Dow Jones U.S. Oil & GasSM Index		(6,287,956	)
(10,136,849	)	11/6/2023	BNP Paribas SA		(2.43	)%	Dow Jones U.S. Oil & GasSM Index		2,287,007
(18,609,478	)	3/7/2023	Goldman Sachs International		(2.43	)%	Dow Jones U.S. Oil & GasSM Index		(4,881,929	)
(6,425,190	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	Dow Jones U.S. Oil & GasSM Index		(2,901,971	)
(2,703,429	)	3/7/2023	Societe Generale		(2.23	)%	Dow Jones U.S. Oil & GasSM Index		(2,167,131	)
(21,151,941	)	3/7/2023	UBS AG		(2.18	)%	Dow Jones U.S. Oil & GasSM Index		(4,944,209	)
(71,900,166	)								(18,896,189	)
							Total Unrealized Appreciation		2,287,007
							Total Unrealized Depreciation		(21,183,196	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort QQQ
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 83.9%
REPURCHASE AGREEMENTS(a) - 18.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be     received $109,101,540 (Cost $109,094,871)		109,094,871		109,094,871
U.S. TREASURY OBLIGATIONS(b) - 65.0%
U.S. Treasury Bills
1.90%, 9/1/2022(c)		50,000,000		50,000,000
0.15%, 9/8/2022(c)		75,000,000		74,970,323
1.53%, 9/15/2022(c)		50,000,000		49,958,389
1.57%, 9/22/2022(c)		50,000,000		49,940,209
1.68%, 9/29/2022(c)		25,000,000		24,958,661
2.64%, 11/17/2022(c)		125,000,000		124,284,809
TOTAL U.S. TREASURY OBLIGATIONS (Cost $374,188,330)				374,112,391
TOTAL SHORT-TERM INVESTMENTS (Cost $483,283,201)				483,207,262
Total Investments - 83.9%  (Cost $483,283,201)				483,207,262
Other assets less liabilities - 16.1%				93,059,148
Net Assets - 100.0%				576,266,410

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $74,725,750.
(c)	The rate shown was the current yield as of August 31, 2022.

UltraShort QQQ
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Futures Contracts Sold
UltraShort QQQ had the following open short futures contracts as of August 31, 2022:
	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
NASDAQ 100 E-Mini Index	143	9/16/2022	USD	$	35,135,815	$	1,695,401

Swap Agreements

UltraShort QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(126,720,982	)	3/7/2023	Bank of America NA		(2.63	)%	NASDAQ-100 Index®		1,907,609
(38,374,638	)	11/6/2023	Barclays Capital		(2.53	)%	NASDAQ-100 Index®		(376,957	)
(172,974,263	)	3/7/2023	BNP Paribas SA		(2.68	)%	NASDAQ-100 Index®		(6,262,516	)
(39,896,370	)	4/10/2023	Citibank NA		(2.81	)%	NASDAQ-100 Index®		24,617,630
(21,218,340	)	3/7/2023	Goldman Sachs International		(2.68	)%	NASDAQ-100 Index®		22,489,075
(161,082,666	)	5/8/2023	J.P. Morgan Securities		(2.48	)%	NASDAQ-100 Index®		10,896,067
(47,505,028	)	11/7/2022	Morgan Stanley & Co. International plc		(2.13	)%	NASDAQ-100 Index®		(12,545,449	)
(352,820,862	)	3/7/2023	Societe Generale		(2.88	)%	NASDAQ-100 Index®		13,431,510
(156,784,252	)	3/7/2023	UBS AG		(2.48	)%	NASDAQ-100 Index®		12,099,202
(1,117,377,401	)								66,256,171
							Total Unrealized Appreciation		85,441,093
							Total Unrealized Depreciation		(19,184,922	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort Real Estate
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 73.3%
REPURCHASE AGREEMENTS(a) - 73.3%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $40,593,310 (Cost $40,590,830)		40,590,830		40,590,830
Total Investments - 73.3%  (Cost $40,590,830)				40,590,830
Other assets less liabilities - 26.7%				14,764,903
Net Assets - 100.0%				55,355,733

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort Real Estate

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Swap Agreements
UltraShort Real Estate had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b		Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(18,606,267	)	5/8/2023	Bank of America NA	(2.68	)%	Dow Jones U.S. Real EstateSM Index	1,341,081
(15,989,767	)	5/8/2023	BNP Paribas SA	(2.53	)%	Dow Jones U.S. Real EstateSM Index	940,630
(18,175,237	)	3/7/2023	Goldman Sachs International	(2.43	)%	Dow Jones U.S. Real EstateSM Index	(172,325	)
(5,149,717	)	4/10/2023	Morgan Stanley & Co. International plc	(1.98	)%	Dow Jones U.S. Real EstateSM Index	920,082
(13,262,221	)	3/7/2023	Societe Generale	(2.38	)%	Dow Jones U.S. Real EstateSM Index	1,708,062
(39,368,052	)	11/7/2022	UBS AG	(2.08	)%	Dow Jones U.S. Real EstateSM Index	(1,514,384	)
(110,551,261	)						3,223,146
						Total Unrealized Appreciation	4,909,855
						Total Unrealized Depreciation	(1,686,709	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited) 

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 83.5%
REPURCHASE AGREEMENTS(a) - 27.9%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $49,622,715 (Cost $49,619,680)		49,619,680		49,619,680
U.S. TREASURY OBLIGATIONS(b) - 55.6%
U.S. Treasury Bills
2.44%, 11/25/2022(c)		50,000,000		49,669,578
2.84%, 1/26/2023(c)		50,000,000		49,380,124
TOTAL U.S. TREASURY OBLIGATIONS (Cost $99,141,130)				99,049,702
TOTAL SHORT-TERM INVESTMENTS (Cost $148,760,810)				148,669,382
Total Investments - 83.5%  (Cost $148,760,810)				148,669,382
Other assets less liabilities - 16.5%				29,467,769
Net Assets - 100.0%				178,137,151

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,447,736.
(c)	The rate shown was the current yield as of August 31, 2022.

UltraShort Russell2000

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Futures Contracts Sold
UltraShort Russell2000 had the following open short futures contracts as of August 31, 2022:
	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index	59	9/16/2022	USD	$	5,441,570	$	166,415

Swap Agreements
UltraShort Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2022:
Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b		Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(72,461,007	)	11/7/2022	Bank of America NA	(1.68	)%	Russell 2000® Index	(2,460,949	)
(10,841,581	)	11/6/2023	Barclays Capital	(2.43	)%	Russell 2000® Index	(1,211,110	)
(29,891,341	)	5/8/2023	BNP Paribas SA	(2.18	)%	Russell 2000® Index	3,015,537
(4,846,347	)	4/10/2023	Citibank NA	(2.14	)%	Russell 2000® Index	8,877,743
(13,838,276	)	3/7/2023	Goldman Sachs International	(2.33	)%	Russell 2000® Index	994,435
(94,129,417	)	11/6/2023	Morgan Stanley & Co. International plc	(2.03	)%	Russell 2000® Index	(3,201,370	)
(31,091,275	)	11/6/2023	Morgan Stanley & Co. International plc	(2.03	)%	iShares® Russell 2000 ETF	(1,163,460	)
(72,711,808	)	11/6/2023	Societe Generale	(1.98	)%	Russell 2000® Index	(16,271,078	)
(21,037,454	)	3/7/2023	UBS AG	(1.83	)%	Russell 2000® Index	3,662,721
(350,848,506	)						(7,757,531	)
						Total Unrealized Appreciation	16,550,436
						Total Unrealized Depreciation	(24,307,967	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort S&P500^®
Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 87.9%
REPURCHASE AGREEMENTS(a) - 10.0%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $95,385,398
(Cost $95,379,566)		95,379,566		95,379,566
U.S. TREASURY OBLIGATIONS(b) - 77.9%
U.S. Treasury Bills
0.09%, 9/8/2022(c)		45,000,000		44,982,194
1.57%, 9/22/2022(c)		50,000,000		49,940,209
1.68%, 9/29/2022(c)		50,000,000		49,917,322
1.34%, 10/6/2022(c)		150,000,000		149,679,166
1.33%, 10/13/2022(c)		150,000,000		149,596,188
1.34%, 10/20/2022(c)		100,000,000		99,666,187
0.51%, 11/3/2022(c)		25,000,000		24,885,149
2.52%, 11/10/2022(c)		100,000,000		99,494,606
0.69%, 12/29/2022(c)		25,000,000		24,753,116
2.84%, 1/26/2023(c)		50,000,000		49,380,125
TOTAL U.S. TREASURY OBLIGATIONS (Cost $743,142,599)				742,294,262
TOTAL SHORT-TERM INVESTMENTS (Cost $838,522,165)				837,673,828
Total Investments - 87.9%  (Cost $838,522,165)				837,673,828
Other assets less liabilities - 12.1%				115,156,232
Net Assets - 100.0%				952,830,060

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $121,595,100.
(c)	The rate shown was the current yield as of August 31, 2022.

UltraShort S&P500^®
Schedule of Portfolio Investments
August 31, 2022 (Unaudited)

Futures Contracts Sold

UltraShort S&P500^® had the following open short futures contracts as of August 31, 2022:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P 500 E-Mini Index	286	9/16/2022	USD	$	56,577,950	$	1,966,233

Swap Agreements

UltraShort S&P500^® had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(201,954,165	)	5/8/2023	Bank of America NA		(2.38	)%	S&P 500®		28,267,159
(398,319,915	)	5/8/2023	BNP Paribas SA		(2.63	)%	S&P 500®		42,515,297
(213,617,460	)	4/8/2024	Citibank NA		(2.81	)%	S&P 500®		(34,057,968	)
(40,127,430	)	3/7/2023	Goldman Sachs International		(2.68	)%	S&P 500®		(1,704,507	)
(176,978,340	)	11/7/2022	J.P. Morgan Securities		(2.48	)%	S&P 500®		22,423,253
(132,753,530	)	4/10/2023	Morgan Stanley & Co. International plc		(2.13	)%	S&P 500®		(459,007	)
(451,744,055	)	3/7/2023	Societe Generale		(2.53	)%	S&P 500®		24,761,339
(233,628,415	)	3/7/2023	UBS AG		(2.48	)%	S&P 500®		6,120,041
(1,849,123,310	)								87,865,607
							Total Unrealized Appreciation		124,087,089
							Total Unrealized Depreciation		(36,221,482	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort Semiconductors

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 80.6%
REPURCHASE AGREEMENTS(a) - 80.6%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $6,968,238
(Cost $6,967,812)		6,967,812		6,967,812
Total Investments - 80.6%  (Cost $6,967,812)				6,967,812
Other assets less liabilities - 19.4%				1,676,453
Net Assets - 100.0%				8,644,265

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Semiconductors had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(947,021	)	5/8/2023	Bank of America NA		(2.33	)%	Dow Jones U.S. SemiconductorsSM Indexc		(170,211	)
(1,303,692	)	11/6/2023	BNP Paribas SA		(2.43	)%	Dow Jones U.S. SemiconductorsSM Indexc		234,581
(227,531	)	11/7/2022	Goldman Sachs International		(2.43	)%	Dow Jones U.S. SemiconductorsSM Indexc		147,119
(418,165	)	5/8/2023	J.P. Morgan Securities		(2.53	)%	Dow Jones U.S. SemiconductorsSM Indexc		164,508
(3,136,240	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	Dow Jones U.S. SemiconductorsSM Indexc		(76,682	)
(5,270,113	)	3/7/2023	Societe Generale		(2.33	)%	Dow Jones U.S. SemiconductorsSM Indexc		486,094
(5,983,454	)	11/7/2022	UBS AG		(2.43	)%	Dow Jones U.S. SemiconductorsSM Indexc		(351,238	)
(17,286,216	)								434,171
							Total Unrealized Appreciation		1,032,302
							Total Unrealized Depreciation		(598,131	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Semiconductors for the components of the underlying reference instrument and their relative weightings.

UltraShort SmallCap600

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 85.3%
REPURCHASE AGREEMENTS(a) - 85.3%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $4,106,679
(Cost $4,106,427)		4,106,427		4,106,427
Total Investments - 85.3%  (Cost $4,106,427)				4,106,427
Other assets less liabilities - 14.7%				709,448
Net Assets - 100.0%				4,815,875

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort SmallCap600 had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(1,767,682	)	11/7/2022	Bank of America NA		(2.33	)%	S&P SmallCap 600®		7,697
(4,090,651	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	S&P SmallCap 600®		(55,386	)
(2,687,634	)	4/10/2023	Societe Generale		(1.98	)%	S&P SmallCap 600®		(67,035	)
(1,085,710	)	3/7/2023	UBS AG		(2.18	)%	S&P SmallCap 600®		(159,955	)
(9,631,677	)								(274,679	)
							Total Unrealized Appreciation		7,697
							Total Unrealized Depreciation		(282,376	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Technology

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 77.8%
REPURCHASE AGREEMENTS(a) - 77.8%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $13,905,712
(Cost $13,904,863)		13,904,863		13,904,863
Total Investments - 77.8%  (Cost $13,904,863)				13,904,863
Other assets less liabilities - 22.2%				3,964,792
Net Assets - 100.0%				17,869,655

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Technology had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(352,885	)	5/8/2023	Bank of America NA		(2.28	)%	Dow Jones U.S. TechnologySM Indexc		516,879
(19,136,145	)	11/6/2023	BNP Paribas SA		(2.53	)%	Dow Jones U.S. TechnologySM Indexc		453,150
(1,034,197	)	11/6/2023	Goldman Sachs International		(2.43	)%	Dow Jones U.S. TechnologySM Indexc		(248,978	)
(10,058,967	)	5/8/2023	J.P. Morgan Securities		(2.53	)%	Dow Jones U.S. TechnologySM Indexc		669,777
(1,152,990	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	Dow Jones U.S. TechnologySM Indexc		(38,124	)
(1,285,759	)	3/6/2024	Societe Generale		(2.23	)%	Dow Jones U.S. TechnologySM Indexc		80,795
(2,718,262	)	3/7/2023	UBS AG		(2.18	)%	Dow Jones U.S. TechnologySM Indexc		213,458
(35,739,205	)								1,646,957
							Total Unrealized Appreciation		1,934,059
							Total Unrealized Depreciation		(287,102	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

^c  See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Technology for the components of the underlying reference instrument and their relative weightings.

UltraShort Utilities

Schedule of Portfolio Investments

August 31, 2022 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 81.0%
REPURCHASE AGREEMENTS(a) - 81.0%
Repurchase Agreements with various counterparties, rates 1.90% - 2.25%, dated 8/31/2022, due 9/1/2022, total to be received $3,164,718
(Cost $3,164,524)		3,164,524		3,164,524
Total Investments - 81.0%  (Cost $3,164,524)				3,164,524
Other assets less liabilities - 19.0%				744,575
Net Assets - 100.0%				3,909,099

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Utilities had the following open non-exchange traded total return swap agreements as of August 31, 2022:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(1,733,324	)	5/8/2023	Bank of America NA		(2.13	)%	Dow Jones U.S. UtilitiesSM Indexc		(72,030	)
(271,880	)	11/7/2022	Morgan Stanley & Co. International plc		(1.98	)%	Dow Jones U.S. UtilitiesSM Indexc		(51,771	)
(2,199,091	)	3/7/2023	Societe Generale		(2.23	)%	Dow Jones U.S. UtilitiesSM Indexc		(63,354	)
(3,613,886	)	3/7/2023	UBS AG		(2.08	)%	Dow Jones U.S. UtilitiesSM Indexc		(311,431	)
(7,818,181	)								(498,586	)
							Total Unrealized Depreciation		(498,586	)

^a  Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b  Reflects the floating financing rate, as of August 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

^c  See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Utilities for the components of the underlying reference instrument and their relative weightings.

ProShares Trust

Notes to Schedules of portfolio investments

August 31, 2022 (UNAUDITED)

Repurchase Agreements

Each of the Funds may enter into repurchase agreements. Repurchase agreements are primarily used by the Funds as short-term investments for cash positions. Under a repurchase agreement, a Fund purchases one or more debt securities and simultaneously agrees to sell those securities back to the seller at a mutually agreed-upon future price and date, normally one day or a few days later. The resale price is greater than the purchase price, reflecting an agreed-upon market interest rate during the purchaser’s holding period. While the maturities of the underlying securities in repurchase transactions may be more than one year, the term of each repurchase agreement will always be less than one year. The Funds follow certain procedures designed to minimize the risks inherent in such agreements. These procedures include effecting repurchase transactions generally with major global financial institutions whose creditworthiness is continuously monitored by the Advisor. In addition, the value of the collateral underlying the repurchase agreement is required to be at least equal to the repurchase price, including any accrued interest income earned on the repurchase agreement. The Funds may invest in repurchase agreements through joint account arrangements; in such cases, each Fund holds a pro rata share of the collateral and interest income based upon the dollar amount of the repurchase agreements entered into by each Fund. The collateral underlying the repurchase agreement is held by the Fund’s custodian. A repurchase agreement is subject to the risk that the counterparty to the repurchase agreement that sells the securities may default on its obligation to repurchase them. In this circumstance, a Fund may lose money because it may not be able to sell the securities at the agreed upon time and price, the securities may lose value before they can be sold, the selling institution may declare bankruptcy or the Fund may have difficulty exercising rights to the collateral. During periods of high demand for repurchase agreements, the Funds may be unable to invest available cash in these instruments to the extent desired by the Advisor.

On August 31, 2022, the Funds had interest in joint repurchase agreements with the following counterparties, for the time periods and rates indicated. Amounts shown in the table below represent Principal Amount, Cost and Value for each respective repurchase agreement.

Fund Name	Bank of America Securities, Inc.,  2.25%, dated 08/31/2022 due 09/01/2022 (a)		Barclays Capital, Inc.,   2.00%, dated 08/31/2022 due 09/01/2022(b)		Barclays Capital, Inc.,   2.20%, dated 08/31/2022 due 09/01/2022(c)		Barclays Capital, Inc.,   2.23%, dated 08/31/2022 due 09/01/2022(d)		BNP Paribas Securities Corp., 1.90%, dated 08/31/2022 due 09/01/2022(e)		BNP Paribas Securities Corp., 2.25%, dated 08/31/2022 due 09/01/2022(f)		ING Financial Markets LLC, 2.25%, dated 08/31/2022 due 09/01/2022(g)		Total
Short 7-10 Year Treasury	$	665,128	$	3,325,641	$	6,651,283	$	9,368,542	$	6,651,283	$	36,582,055	$	11,772,770	$	75,016,702
Short 20+ Year Treasury		658,064		3,290,321		6,580,641		9,269,041		6,580,641		36,193,527		11,647,734		74,219,969
Short Dow30SM		464,376		2,321,882		4,643,764		6,540,888		4,643,764		25,540,701		8,219,463		52,374,838
Short Financials		225,529		1,127,645		2,255,290		3,176,646		2,255,290		12,404,093		3,991,863		25,436,356
Short FTSE China 50		50,759		253,796		507,592		714,959		507,592		2,791,758		898,439		5,724,895
Short High Yield		426,039		2,130,195		4,260,391		6,000,894		4,260,391		23,432,148		7,540,892		48,050,950
Short MidCap400		104,104		520,519		1,041,037		1,466,334		1,041,037		5,725,706		1,842,637		11,741,374
Short MSCI EAFE		872,278		4,361,389		8,722,777		12,286,307		8,722,777		47,975,275		15,439,315		98,380,118
Short MSCI Emerging Markets		353,614		1,768,072		3,536,143		4,980,769		3,536,143		19,448,788		6,258,974		39,882,503
Short QQQ		2,555,383		12,776,913		25,553,827		35,993,373		25,553,827		140,546,050		45,230,275		288,209,648
Short Real Estate		302,025		1,510,124		3,020,247		4,254,112		3,020,247		16,611,359		5,345,837		34,063,951
Short Russell2000		1,552,421		7,762,106		15,524,211		21,866,343		15,524,211		85,383,162		27,477,854		175,090,308
Short S&P500®		4,213,314		21,066,569		42,133,138		59,345,856		42,133,138		231,732,260		74,575,654		475,199,929
Short SmallCap600		82,042		410,210		820,420		1,155,588		820,420		4,512,309		1,452,143		9,253,132
Ultra 7-10 Year Treasury		130,453		652,264		1,304,528		1,837,469		1,304,528		7,174,907		2,309,014		14,713,163
Ultra 20+ Year Treasury		368,336		1,841,681		3,683,363		5,188,133		3,683,363		20,258,492		6,519,552		41,542,920
Ultra Basic Materials		102,738		513,689		1,027,378		1,447,095		1,027,378		5,650,581		1,818,460		11,587,319
Ultra Consumer Goods		14,627		73,137		146,274		206,031		146,274		804,506		258,905		1,649,754
Ultra Consumer Services		36,588		182,941		365,882		515,356		365,882		2,012,348		647,612		4,126,609
Ultra Dow30SM		904,023		4,520,116		9,040,232		12,733,453		9,040,232		49,721,277		16,001,212		101,960,545
Ultra Financials		166,348		831,738		1,663,474		2,343,057		1,663,475		9,149,113		2,944,351		18,761,556
Ultra FTSE China 50		38,668		193,334		386,667		544,633		386,667		2,126,671		684,401		4,361,041
Ultra FTSE Europe		20,273		101,365		202,730		285,552		202,730		1,115,016		358,832		2,286,498
Ultra Health Care		259,076		1,295,379		2,590,758		3,649,164		2,590,758		14,249,167		4,585,641		29,219,943
Ultra High Yield		53,224		266,120		532,241		749,678		532,241		2,927,324		942,067		6,002,895
Ultra Industrials		18,205		91,027		182,053		256,427		182,053		1,001,293		322,234		2,053,292
Ultra MidCap400		269,003		1,345,013		2,690,027		3,788,988		2,690,027		14,795,146		4,761,347		30,339,551
Ultra MSCI Brazil Capped		19,722		98,608		197,217		277,786		197,217		1,084,692		349,074		2,224,316
Ultra MSCI EAFE		36,832		184,162		368,324		518,795		368,324		2,025,781		651,933		4,154,151
Ultra MSCI Emerging Markets		132,340		661,702		1,323,405		1,864,058		1,323,405		7,278,727		2,342,426		14,926,063
Ultra MSCI Japan		8,922		44,610		89,220		125,669		89,220		490,715		157,920		1,006,276
Ultra Nasdaq Biotechnology		65,228		326,140		652,278		918,755		652,278		3,587,529		1,154,531		7,356,739
Ultra Nasdaq Cloud Computing		2,822		14,111		28,224		39,753		28,223		155,226		49,955		318,314
Ultra Nasdaq Cybersecurity		6,703		33,516		67,031		94,415		67,031		368,672		118,645		756,013
Ultra Oil & Gas		55,791		278,954		557,909		785,832		557,909		3,068,499		987,499		6,292,393
Ultra QQQ		1,371,988		6,859,939		13,719,877		19,324,880		13,719,877		75,459,324		24,284,182		154,740,067
Ultra Real Estate		148,486		742,432		1,484,864		2,091,478		1,484,864		8,166,752		2,628,209		16,747,085
Ultra Russell2000		547,199		2,735,997		5,471,993		7,707,475		5,471,993		30,095,962		9,685,428		61,716,047
Ultra S&P500®		2,853,624		14,268,122		28,536,244		40,194,201		28,536,244		156,949,341		50,509,150		321,846,926
Ultra Semiconductors		135,744		678,722		1,357,444		1,912,003		1,357,444		7,465,939		2,402,675		15,309,971
Ultra SmallCap600		92,681		463,405		926,811		1,305,442		926,811		5,097,458		1,640,454		10,453,062
Ultra Technology		725,232		3,626,158		7,252,317		10,215,116		7,252,316		39,887,741		12,836,601		81,795,481
Ultra Telecommunications		3,241		16,205		32,411		45,652		32,411		178,260		57,367		365,547
Ultra Utilities		20,586		102,928		205,857		289,955		205,857		1,132,210		364,366		2,321,759
UltraPro Dow30SM		1,625,914		8,129,571		16,259,142		22,901,515		16,259,142		89,425,279		28,778,681		183,379,244
UltraPro MidCap400		67,302		336,506		673,013		947,960		673,013		3,701,570		1,191,232		7,590,596
UltraPro QQQ		9,942,435		49,712,173		99,424,345		140,042,329		99,424,345		546,833,898		175,981,091		1,121,360,616
UltraPro Russell2000		654,917		3,274,583		6,549,165		9,224,706		6,549,165		36,020,407		11,592,023		73,864,966
UltraPro S&P500®		3,070,227		15,351,131		30,702,262		43,245,106		30,702,262		168,862,444		54,343,005		346,276,437
UltraPro Short 20+ Year Treasury		1,143,493		5,717,467		11,434,933		16,106,465		11,434,934		62,892,134		20,239,832		128,969,258
UltraPro Short Dow30SM		476,364		2,381,822		4,763,643		6,709,742		4,763,643		26,200,037		8,431,649		53,726,900
UltraPro Short MidCap400		60,352		301,766		603,533		850,095		603,533		3,319,429		1,068,253		6,806,961
UltraPro Short QQQ		3,166,563		15,832,816		31,665,633		44,602,044		31,665,633		174,160,980		56,048,171		357,141,840
UltraPro Short Russell2000		324,381		1,621,902		3,243,804		4,569,001		3,243,804		17,840,925		5,741,533		36,585,350
UltraPro Short S&P500®		628,837		3,144,191		6,288,382		8,857,385		6,288,382		34,586,101		11,130,437		70,923,715
UltraShort 7-10 Year Treasury		465,287		2,326,433		4,652,867		6,553,710		4,652,867		25,590,768		8,235,574		52,477,506
UltraShort 20+ Year Treasury		851,720		4,258,601		8,517,201		11,996,747		8,517,201		46,844,607		15,075,446		96,061,523
UltraShort Basic Materials		37,290		186,451		372,902		525,244		372,902		2,050,958		660,035		4,205,782
UltraShort Consumer Goods		28,868		144,339		288,678		406,611		288,677		1,587,725		510,960		3,255,858
UltraShort Consumer Services		56,324		281,622		563,244		793,347		563,244		3,097,843		996,943		6,352,567
UltraShort Dow30SM		755,746		3,778,732		7,557,464		10,644,927		7,557,464		41,566,052		13,376,712		85,237,097
UltraShort Financials		72,123		360,615		721,229		1,015,874		721,229		3,966,761		1,276,576		8,134,407
UltraShort FTSE China 50		156,136		780,683		1,561,365		2,199,232		1,561,365		8,587,507		2,763,615		17,609,903
UltraShort FTSE Europe		641,186		3,205,930		6,411,860		9,031,308		6,411,860		35,265,234		11,348,992		72,316,370
UltraShort Health Care		51,172		255,861		511,722		720,777		511,722		2,814,470		905,747		5,771,471

Fund Name	Bank of America Securities, Inc.,  2.25%, dated 08/31/2022 due 09/01/2022 (a)		Barclays Capital, Inc.,   2.00%, dated 08/31/2022 due 09/01/2022(b)		Barclays Capital, Inc.,   2.20%, dated 08/31/2022 due 09/01/2022(c)		Barclays Capital, Inc.,   2.23%, dated 08/31/2022 due 09/01/2022(d)		BNP Paribas Securities Corp., 1.90%, dated 08/31/2022 due 09/01/2022(e)		BNP Paribas Securities Corp., 2.25%, dated 08/31/2022 due 09/01/2022(f)		ING Financial Markets LLC, 2.25%, dated 08/31/2022 due 09/01/2022(g)		Total
UltraShort Industrials		10,598		52,992		105,983		149,281		105,983		582,909		187,591		1,195,337
UltraShort MidCap400		21,995		109,975		219,951		309,808		219,951		1,209,730		389,314		2,480,724
UltraShort MSCI Brazil Capped		90,648		453,238		906,477		1,276,801		906,477		4,985,620		1,604,464		10,223,725
UltraShort MSCI EAFE		18,785		93,926		187,852		264,597		187,853		1,033,190		332,498		2,118,701
UltraShort MSCI Emerging Markets		76,518		382,592		765,184		1,077,786		765,184		4,208,514		1,354,376		8,630,154
UltraShort MSCI Japan		29,630		148,148		296,297		417,344		296,297		1,629,631		524,445		3,341,792
UltraShort Nasdaq Biotechnology		35,847		179,238		358,475		504,924		358,476		1,971,615		634,502		4,043,077
UltraShort Oil & Gas		248,352		1,241,759		2,483,518		3,498,114		2,483,518		13,659,348		4,395,826		28,010,435
UltraShort QQQ		967,279		4,836,395		9,672,790		13,624,431		9,672,790		53,200,348		17,120,838		109,094,871
UltraShort Real Estate		359,896		1,799,473		3,598,946		5,069,229		3,598,946		19,794,205		6,370,135		40,590,830
UltraShort Russell2000		439,948		2,199,740		4,399,481		6,196,808		4,399,481		24,197,143		7,787,079		49,619,680
UltraShort S&P500®		845,674		4,228,368		8,456,736		11,911,580		8,456,736		46,512,049		14,968,423		95,379,566
UltraShort Semiconductors		61,779		308,897		617,794		870,182		617,794		3,397,870		1,093,496		6,967,812
UltraShort SmallCap600		36,409		182,046		364,092		512,835		364,092		2,002,508		644,445		4,106,427
UltraShort Technology		123,286		616,431		1,232,861		1,736,524		1,232,861		6,780,736		2,182,164		13,904,863
UltraShort Utilities		28,058		140,290		280,579		395,205		280,579		1,543,188		496,625		3,164,524
	$	48,805,118	$	244,025,600	$	488,051,197	$	687,435,527	$	488,051,198	$	2,684,281,593	$	863,850,621	$	5,504,500,854

Each Repurchase Agreement was fully collateralized by U.S. government and/or agency securities at August 31, 2022 as follows:

^(a) U.S. Treasury Bonds, 0%, due 11/15/2031, which had an aggregate value at the Trust level of $51,000,000.

^(b) U.S. Treasury Notes, 0.88% to 2.25%, due 11/15/2025 to 11/15/2030, which had an aggregate value at the Trust level of $255,000,076.

^(c) U.S. Treasury Bills, 0%, due 9/27/2022; U.S. Treasury Notes, 0.13% to 2.94%, due 1/15/2023 to 8/15/2031, which had an aggregate value at the Trust level of $510,000,058.

^(d) U.S. Treasury Bills, 0%, due 9/27/2022; U.S. Treasury Notes, 0.13% to 2.94%, due 1/15/2023 to 8/15/2031, which had an aggregate value at the Trust level of $718,351,191.

^(e) U.S. Treasury Bills, 0%, due 9/29/2022; U.S. Treasury Bonds, 4.38%, due 5/15/2041; U.S. Treasury Notes, 0.13% to 2.25%, due 4/30/2023 to 7/15/2032, which had an aggregate value at the Trust level of $510,000,027.

^(f) U.S. Treasury Bills, 0%, due 10/25/2022 to 12/22/2022; U.S. Treasury Bonds, 0% to 7.63%, due 11/15/2022 to 5/15/2052; U.S. Treasury Notes, 0.13% to 3.13%, due 1/15/2023 to 5/15/2031, which had an aggregate value at the Trust level of $2,805,000,000.

^(g) Federal Farm Credit Bank, 2.96%, due 11/16/2022; Federal Home Loan Bank, 0.5% to 2.34%, due 5/20/2024 to 6/13/2025; Federal Home Loan Mortgage Corp., 0%, due 9/15/2029 to 3/15/2031; Federal National Mortgage Association, 0% to 6.63%, due 9/6/2024 to 11/15/2030; U.S. Treasury Bills, 0%, due 9/8/2022 to 8/10/2023; U.S. Treasury Bonds, 0.13% to 4.25%, due 5/15/2039 to 2/15/2052; U.S. Treasury Notes, 0.13% to 3.25%, due 1/31/2023 to 2/15/2031; which had an aggregate value at the Trust level of $902,701,044.