Shares | Value | ||
COMMON STOCKS—98.2% | |||
Communication Services—12.4% | |||
5,356 | 1 | Alphabet, Inc., Class A | $6,742,133 |
2,373 | 1 | Charter Communications, Inc. | 1,110,232 |
9,100 | 1,2 | Discovery, Inc., Class A | 245,290 |
16,398 | 1 | Facebook, Inc. | 3,142,677 |
12,729 | 1 | Live Nation Entertainment, Inc. | 897,394 |
47,498 | 1,2 | MSG Networks, Inc. | 769,943 |
6,730 | 1 | Take-Two Interactive Software, Inc. | 809,955 |
1,007 | 1 | Twitter, Inc. | 30,180 |
20,898 | Verizon Communications, Inc. | 1,263,702 | |
TOTAL | 15,011,506 | ||
Consumer Discretionary—15.2% | |||
3,023 | 1 | Amazon.com, Inc. | 5,370,843 |
130 | 1 | AutoZone, Inc. | 148,769 |
61 | 1 | Booking Holdings, Inc. | 124,975 |
4,326 | 1 | Burlington Stores, Inc. | 831,327 |
172 | 1 | Chipotle Mexican Grill, Inc. | 133,844 |
16,657 | Dunkin' Brands Group, Inc. | 1,309,573 | |
10,272 | eBay, Inc. | 362,088 | |
23,201 | Expedia Group, Inc. | 3,170,649 | |
25,317 | Ford Motor Co. | 217,473 | |
5,804 | 1 | Fossil, Inc. | 63,148 |
4,516 | 1,2 | GNC Holdings, Inc. | 11,922 |
8,984 | Hilton Worldwide Holdings, Inc. | 871,089 | |
1,216 | Home Depot, Inc. | 285,249 | |
12,881 | Lowe's Cos., Inc. | 1,437,648 | |
1,132 | 1 | Lululemon Athletica, Inc. | 231,234 |
11,628 | Starbucks Corp. | 983,264 | |
6,875 | 1 | Tempur Sealy International, Inc. | 625,281 |
9,449 | Tupperware Brands Corp. | 90,994 | |
29,559 | Wyndham Destinations, Inc. | 1,371,833 | |
6,576 | Yum! Brands, Inc. | 668,845 | |
TOTAL | 18,310,048 | ||
Consumer Staples—3.9% | |||
11,180 | Church and Dwight, Inc. | 781,929 | |
4,301 | Costco Wholesale Corp. | 1,277,870 | |
8,591 | Estee Lauder Cos., Inc., Class A | 1,600,246 | |
12,348 | Flowers Foods, Inc. | 268,199 | |
2,539 | Hershey Foods Corp. | 372,903 | |
379 | Kimberly-Clark Corp. | 50,361 | |
2,422 | PepsiCo, Inc. | 332,226 | |
950 | Sysco Corp. | 75,876 | |
TOTAL | 4,759,610 | ||
Financials—3.7% | |||
2,069 | American Express Co. | 242,652 | |
17,663 | Citizens Financial Group, Inc. | 621,031 | |
769 | Everest Re Group Ltd. | 197,702 | |
1,201 | Intercontinental Exchange, Inc. | 113,278 |
Shares | Value | ||
COMMON STOCKS—continued | |||
Financials—continued | |||
556 | MSCI, Inc., Class A | $130,415 | |
8,748 | Progressive Corp., OH | 609,736 | |
2,756 | Prudential Financial, Inc. | 251,182 | |
9,230 | RenaissanceRe Holdings Ltd. | 1,727,672 | |
1,898 | S&P Global, Inc. | 489,665 | |
2,300 | 2 | Waddell & Reed Financial, Inc., Class A | 38,088 |
TOTAL | 4,421,421 | ||
Health Care—14.2% | |||
12,417 | 1 | Alexion Pharmaceuticals, Inc. | 1,308,752 |
8,012 | AmerisourceBergen Corp. | 684,065 | |
2,685 | Amgen, Inc. | 572,576 | |
9,306 | Baxter International, Inc. | 713,770 | |
1,628 | 1 | Biogen, Inc. | 486,300 |
976 | Chemed Corp. | 384,456 | |
1,255 | 1 | Edwards Lifesciences Corp. | 299,167 |
5,353 | Eli Lilly & Co. | 609,974 | |
12,247 | HCA Healthcare, Inc. | 1,635,464 | |
1,115 | 1 | IDEXX Laboratories, Inc. | 317,786 |
1,142 | 1 | IQVIA Holdings, Inc. | 164,928 |
6,756 | 1 | Incyte Genomics, Inc. | 566,964 |
1,317 | 1 | Intuitive Surgical, Inc. | 728,235 |
4,018 | 1 | Jazz Pharmaceuticals PLC | 504,781 |
6,759 | Merck & Co., Inc. | 585,735 | |
1,784 | 1 | Molina Healthcare, Inc. | 209,870 |
13,214 | Stryker Corp. | 2,857,792 | |
7,157 | 1 | Veeva Systems, Inc. | 1,015,077 |
4,560 | 1 | Vertex Pharmaceuticals, Inc. | 891,389 |
20,198 | Zoetis, Inc. | 2,583,728 | |
TOTAL | 17,120,809 | ||
Industrials—8.9% | |||
597 | Alaska Air Group, Inc. | 41,450 | |
836 | Boeing Co. | 284,165 | |
2,621 | 1 | CoStar Group, Inc. | 1,440,292 |
18,944 | Heico Corp. | 2,336,553 | |
13,961 | 1 | Jet Blue Airways Corp. | 269,447 |
14,087 | KAR Auction Services, Inc. | 350,203 | |
3,984 | L3Harris Technologies, Inc. | 821,939 | |
10,210 | Lockheed Martin Corp. | 3,845,903 | |
286 | Northrop Grumman Corp. | 100,809 | |
28,428 | Pitney Bowes, Inc. | 125,083 | |
3,882 | R.R. Donnelley & Sons Co. | 16,926 | |
8,054 | TransUnion | 665,421 | |
3,868 | United Parcel Service, Inc. | 445,478 | |
TOTAL | 10,743,669 | ||
Information Technology—36.9% | |||
4,952 | 1 | Adobe, Inc. | 1,376,309 |
5,058 | 1 | Akamai Technologies, Inc. | 437,517 |
14,351 | 1 | Ansys, Inc. | 3,159,373 |
30,767 | Apple, Inc. | 7,653,599 | |
17,030 | Automatic Data Processing, Inc. | 2,762,777 | |
1,211 | Booz Allen Hamilton Holding Corp. | 85,218 |
Shares | Value | ||
COMMON STOCKS—continued | |||
Information Technology—continued | |||
1,724 | CDW Corp. | $220,517 | |
35,115 | 1 | Cadence Design Systems, Inc. | 2,294,765 |
973 | 1 | EPAM Systems, Inc. | 171,209 |
1,311 | 1 | F5 Networks, Inc. | 188,889 |
1,236 | 1 | Fair Isaac & Co., Inc. | 375,793 |
1,497 | 1 | Fiserv, Inc. | 158,892 |
5,806 | 1 | Fortinet, Inc. | 473,537 |
19,186 | Global Payments, Inc. | 3,245,887 | |
5,952 | Intuit, Inc. | 1,532,640 | |
3,553 | KLA Corp. | 600,599 | |
1,189 | 1 | Keysight Technologies, Inc. | 119,982 |
452 | 1 | Manhattan Associates, Inc. | 33,877 |
16,126 | Mastercard, Inc. | 4,463,838 | |
46,675 | Microsoft Corp. | 6,691,795 | |
7,508 | Motorola, Inc. | 1,248,731 | |
3,455 | Paychex, Inc. | 288,976 | |
4,054 | 1 | Paycom Software, Inc. | 857,543 |
10,631 | 1 | PayPal Holdings, Inc. | 1,106,687 |
7,215 | 1 | Salesforce.com, Inc. | 1,129,075 |
1,326 | 1 | Synopsys, Inc. | 180,005 |
137 | 1 | Tyler Technologies, Inc. | 36,787 |
7,946 | Universal Display Corp. | 1,590,630 | |
5,303 | 1 | WEX, Inc. | 1,003,222 |
39,295 | Western Union Co. | 984,733 | |
TOTAL | 44,473,402 | ||
Materials—0.5% | |||
1,426 | Grace (W.R.) & Co. | 94,758 | |
5,511 | Scotts Miracle-Gro Co. | 553,249 | |
TOTAL | 648,007 | ||
Real Estate—2.5% | |||
1,166 | American Tower Corp. | 254,282 | |
2,438 | Crown Castle International Corp. | 338,370 | |
9,888 | SBA Communications, Corp. | 2,379,547 | |
TOTAL | 2,972,199 | ||
TOTAL COMMON STOCKS (IDENTIFIED COST $98,468,611) | 118,460,671 | ||
INVESTMENT COMPANIES—2.4% | |||
790,345 | Federated Government Obligations Fund, Premier Shares, 1.75%3 | 790,345 | |
2,096,632 | Federated Institutional Prime Value Obligations Fund, Institutional Shares, 1.93%3 | 2,097,261 | |
TOTAL INVESTMENT COMPANIES (IDENTIFIED COST $2,887,320) | 2,887,606 | ||
TOTAL INVESTMENT IN SECURITIES—100.6% (IDENTIFIED COST $101,355,931) | 121,348,277 | ||
OTHER ASSETS AND LIABILITIES - NET—(0.6)%4 | (683,897) | ||
TOTAL NET ASSETS—100% | $120,664,380 |
Federated Government Obligations Fund, Premier Shares* | Federated Institutional Prime Value Obligations Fund, Institutional Shares | Total Affiliated Transactions | |
Balance of Shares Held 7/31/2019 | 145,725 | 2,521,943 | 2,667,668 |
Purchases/Additions | 2,612,520 | 9,745,330 | 12,357,850 |
Sales/Reductions | (1,967,900) | (10,170,641) | (12,138,541) |
Balance of Shares Held 10/31/2019 | 790,345 | 2,096,632 | 2,886,977 |
Value | $790,345 | $2,097,261 | $2,887,606 |
Change in Unrealized Appreciation/Depreciation | N/A | $(302) | $(302) |
Net Realized Gain/(Loss) | N/A | $254 | $254 |
Dividend Income | $ 969 | $6,185 | $ 7,154 |
* | All or a portion of the balance/activity for the fund relates to cash collateral received on securities lending transactions. |
1 | Non-income-producing security. |
2 | All or a portion of these securities are temporarily on loan to unaffiliated broker/dealers. |
Market Value of Securities Loaned | Collateral Received |
$760,250 | $790,345 |
3 | 7-day net yield. |
4 | Assets, other than investments in securities, less liabilities. |
■ | Equity securities listed on an exchange or traded through a regulated market system are valued at their last reported sale price or official closing price in their principal exchange or market. |
■ | Shares of other mutual funds or non-exchange-traded investment companies are valued based upon their reported NAVs. |
■ | Fixed-income securities are fair valued using price evaluations provided by a pricing service approved by the Fund's Board of Trustees (the “Trustees”). |
■ | Derivative contracts listed on exchanges are valued at their reported settlement or closing price, except that options are valued at the mean of closing bid and asked quotations. |
■ | Over-the-counter (OTC) derivative contracts are fair valued using price evaluations provided by a pricing service approved by the Trustees. |
■ | For securities that are fair valued in accordance with procedures established by and under the general supervision of the Trustees, certain factors may be considered, such as: the last traded or purchase price of the security, information obtained by contacting the issuer or dealers, analysis of the issuer's financial statements or other available documents, fundamental analytical data, the nature and duration of restrictions on disposition, the movement of the market in which the security is normally traded, public trading in similar securities or derivative contracts of the issuer or comparable issuers, movement of a relevant index, or other factors including but not limited to industry changes and relevant government actions. |