0001752724-24-002269.txt : 20240112 0001752724-24-002269.hdr.sgml : 20240112 20240112095743 ACCESSION NUMBER: 0001752724-24-002269 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231130 FILED AS OF DATE: 20240112 DATE AS OF CHANGE: 20240112 PERIOD START: 20240831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Advisors Preferred Trust CENTRAL INDEX KEY: 0001556505 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-22756 FILM NUMBER: 24530864 BUSINESS ADDRESS: STREET 1: 1445 RESEARCH BOULEVARD STREET 2: SUITE 530 CITY: ROCKVILLE STATE: MD ZIP: 20850 BUSINESS PHONE: 2402231998 MAIL ADDRESS: STREET 1: 1445 RESEARCH BOULEVARD STREET 2: SUITE 530 CITY: ROCKVILLE STATE: MD ZIP: 20850 0001556505 S000065875 Hundredfold Select Alternative Fund C000212830 Hundredfold Select Alternative Fund Service Class Shares SFHYX C000212831 Hundredfold Select Alternative Fund Investor Class Shares HFSAX NPORT-P 1 primary_doc.xml NPORT-P false 0001556505 XXXXXXXX S000065875 C000212831 C000212830 Advisors Preferred Trust 811-22756 0001556505 549300VBL7C31PY2VZ37 1445 RESEARCH BOULEVARD SUITE 530 ROCKVILLE 20850 240-223-1998 Hundredfold Select Alternative Fund S000065875 549300074VHDTO26DF48 2024-08-31 2023-11-30 N 290767046.13 114248741.01 176518305.12 0.00000000 5448811.91000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 25994372.60 USD N 50SP500TR_50BofAML-US-HY 50SP500TR_50BofAML-US-HY N/A 2IGI19DL77OX0HC3ZE78 NUVEEN HY MUNI CLI N/A 1240143.36920000 NS USD 620071.68000000 0.351278967684 Long DO US N 2 PAYB NUVEEN HY MUNI CLI N/A Nuveen High Yield Municipal Bo Nuveen High Yield Municipal Bo Y performance 2025-08-02 0.00000000 USD 0.00000000 USD -17300000.00000000 USD 620071.68000000 N N N COMMODITIES EXCHANGE CENTER N/A GOLD 100 OZ FUTR Feb24 N/A 89.00000000 NC USD 167020.10000000 0.094619138726 Long DCO CORP US N 1 ADM INVESTOR SERVICES INC I9O8MELCUVOTLJABOX92 Long N/A COMEX Gold 100 Troy Ounces Fut 2024-02-27 18142059.90000000 USD 167020.10000000 N N N ICE FUTURES U.S. 5493004R83R1LVX2IL36 MSCI EmgMkt Dec23 N/A 285.00000000 NC USD 177760.20000000 0.100703550195 Long DE CORP US N 1 ADM INVESTOR SERVICES INC I9O8MELCUVOTLJABOX92 Long ICE US MSCI Emerging Markets E MXEF 2023-12-15 13888414.80000000 USD 177760.20000000 N N N United States Treasury Bills 254900HROIFWPRGM1V77 B 02/01/24 912797GE1 16462000.00000000 PA USD 16313219.90000000 9.241659038653 Long DBT UST US N 2 2024-02-01 Fixed 0.00000000 N N N N N N First American Funds Inc. 549300J5J5SJCZ9IA369 FRST AM-GV OB-X 31846V336 4692139.71000000 PA USD 4692139.71000000 2.658160413907 Long STIV RF US N 1 N N N CHICAGO MERCANTILE EXCHANGE (FLOOR) N/A NASDAQ 100 E-MINI Dec23 N/A 28.00000000 NC USD 255524.98000000 0.144758346635 Long DE CORP US N 1 ADM INVESTOR SERVICES INC I9O8MELCUVOTLJABOX92 Long CME E-Mini NASDAQ 100 Index Fu NDX 2023-12-15 8696355.02000000 USD 255524.98000000 N N N N/A N/A INVESCO SENIOR FL RT N/A 3882175.22700000 NS USD 0.00000000 0.000000 Long DO US N 2 PAYB INVESCO SENIOR FL RT N/A Invesco Senior Floating Rate F Invesco Senior Floating Rate F Y performance 2026-01-05 0.00000000 USD 0.00000000 USD -25700000.00000000 USD 0.00000000 N N N N/A N/A VANGUARD TAX-EXEMPT N/A 460800.00000000 NS USD 556579.21000000 0.315309627305 Long DO US N 2 VANGUARD TAX-EXEMPT N/A Vanguard Tax-Exempt Bond Index Fund Vanguard Tax-Exempt Bond Index Fund Y performance 2024-12-05 0.00000000 USD 0.00000000 USD -22488028.79000000 USD 556579.21000000 N N N Fidelity Institutional Cash Portfolios 549300SHPEJB1OPRCV46 FID-MM GOVT-I 316175108 10792754.65000000 PA USD 10792754.65000000 6.114241037303 Long STIV RF US N 1 N N N Cohen & Steers Pfd 549300K2VDWJX1NSUI44 C&S-PR SEC I-F 19248X604 1539138.08300000 NS USD 17607739.67000000 9.975021943491 Long EC RF US N 1 N N N American High Income Trust WRWMC5QCF7WNXYIQUK76 AMER FNDS HI-INC TRST-F3 026547778 1904761.90500000 NS USD 17523809.53000000 9.927474387478 Long EC RF US N 1 N N N Jpmorgan Tr Iv 549300OTMPZX852VDL37 JPM-PREF INC-R6 46645V261 1970046.08300000 NS USD 17494009.22000000 9.910592110040 Long EC RF US N 1 N N N SEI Institutional Managed Trust N/A SEI-HI YLD BD-Y 78413L407 3239171.37500000 NS USD 17459133.71000000 9.890834663368 Long EC RF US N 1 N N N N/A N/A ISHARES NATIONAL MUN N/A 133300.00000000 NS USD 378788.83000000 0.214588979733 Long DO US N 2 ISHARES NATIONAL MUN N/A iShares National Muni Bond ETF iShares National Muni Bond ETF Y performance 2024-12-05 0.00000000 USD 0.00000000 USD -13820327.17000000 USD 378788.83000000 N N N N/A N/A ISHARESIBOXX HYCB SW N/A 233700.00000000 NS USD 448283.34000000 0.253958556703 Long DO US N 2 ISHARESIBOXX HYCB SW N/A iShares iBoxx $ High Yield Corporate Bond ETF iShares iBoxx $ High Yield Corporate Bond ETF Y performance 2024-04-26 0.00000000 USD 0.00000000 USD -17245143.66000000 USD 448283.34000000 N N N Blackrock Municipal Bond Fund Inc N/A BLRK-H/Y MUNI-K 09253C710 2078384.79800000 NS USD 17998812.35000000 10.19656988988 Long EC RF US N 1 N N N CME GLOBEX N/A E-Mini Russ 2000 Dec23 N/A 288.00000000 NC USD 3229.92000000 0.001829793231 Long DE CORP US N 1 ADM INVESTOR SERVICES INC I9O8MELCUVOTLJABOX92 Long RUSSELL 2000 INDEX RTY 2023-12-15 26092450.08000000 USD 3229.92000000 N N N Two Roads Shared Trust 549300REHU8QC2CK4V30 HOLBROOK INCOME FUND-I 90213U230 1111411.12000000 NS USD 10769573.75000000 6.101108744885 Long EC RF US N 1 N N N N/A N/A INVESCO HIGH YIELD F N/A 5088235.29410000 NS USD 152647.06000000 0.086476617762 Long DO US N 2 BARCLAYS CAPITAL INC. N/A Invesco High Yield Fund Invesco High Yield Fund Y performance 2026-11-14 0.00000000 USD 0.00000000 USD -17300000.00000000 USD 152647.06000000 N N N Lord Abbett Trust I 549300XXOBNDWQ1JMK89 LA-S/D H/Y-I 54401T504 1816261.88000000 NS USD 17508764.52000000 9.918951186449 Long EC RF US N 1 N N N CHICAGO MERCANTILE EXCHANGE (FLOOR) N/A S&P500 EMINI FUT Dec23 N/A 39.00000000 NC USD 341250.00000000 0.193322726369 Long DE CORP US N 1 ADM INVESTOR SERVICES INC I9O8MELCUVOTLJABOX92 Long CME Standard & Poor's 500 Inde SPX 2023-12-15 8583412.50000000 USD 341250.00000000 N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 US 10YR NOTE (CBT)Mar24 N/A 159.00000000 NC USD -7461.07000000 -0.00422679675 Long DIR CORP US N 1 ADM INVESTOR SERVICES INC I9O8MELCUVOTLJABOX92 Long N/A CBOT 10 Year US Treasury Note 2024-03-19 17465164.20000000 USD -7461.07000000 N N N 2023-12-28 Advisors Preferred Trust Christine Casares Christine Casares Treasurer XXXX NPORT-EX 2 hundredfoldnport.htm HUNDREDFOLD NQ 11.30.23

 

HUNDREDFOLD SELECT ALTERNATIVE FUND
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)
November 30, 2023
 
Shares             Fair Value
    OPEN END FUNDS — 65.9%      
    FIXED INCOME - 65.9%      
1,904,762     American High-Income Trust, Class F-3       $   17,523,810  
2,078,385     BlackRock High Yield Municipal Fund, Class K       17,998,811  
1,539,138     Cohen & Steers Preferred Securities and Income, Class F       17,607,740  
1,111,411     Holbrook Income Fund, Class I       10,769,574  
1,970,046     JPMorgan Preferred and Income Securities Fund, R6 Shares       17,494,009  
1,816,262     Lord Abbett Short Duration High Yield Fund, Class I       17,508,765  
3,239,171     SEI Institutional Managed Trust, Class Y       17,459,134  
              116,361,843  
               
    TOTAL OPEN END FUNDS (Cost $114,471,286)     116,361,843  
               
Principal Amount ($)         Coupon Rate (%) Maturity  
    U.S. GOVERNMENT & AGENCIES — 9.2%      
    U.S. TREASURY BILL — 9.2%      
16,462,000   United States Treasury Bill(a)   5.2800 02/01/24 16,313,220  
             
  TOTAL U.S. GOVERNMENT & AGENCIES (Cost $16,314,574)     16,313,220  
             
Shares              
    SHORT-TERM INVESTMENTS — 8.8%      
    MONEY MARKET FUNDS - 8.8%      
10,792,754     Fidelity Money Market Government Portfolio Institutional Class, 5.24%(b)       10,792,754  
4,692,140     First American Government Obligations Fund Class X, 5.28%(b) (c)       4,692,140  
    TOTAL MONEY MARKET FUNDS (Cost $15,484,894)   15,484,894  
               
    TOTAL SHORT-TERM INVESTMENTS (Cost $15,484,894)   15,484,894  
         
    TOTAL INVESTMENTS - 83.9% (Cost $146,270,754)     $   148,159,957  
    OTHER ASSETS IN EXCESS OF LIABILITIES- 16.1%     28,358,338  
    NET ASSETS - 100.0%         $   176,518,295  
           
                 
 
 

 

HUNDREDFOLD SELECT ALTERNATIVE FUND
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
November 30, 2023
 
OPEN FUTURES CONTRACTS        
Number of Contracts   Open Long Futures Contracts     Expiration Notional Amount Unrealized Appreciation (Depreciation)
159     CBOT 10 Year US Treasury Note   03/19/2024 $ 17,457,703 $ (7,461 )
28     CME E-Mini NASDAQ 100 Index Futures   12/15/2023 8,951,880   255,525  
288     CME E-Mini Russell 2000 Index Futures   12/15/2023 26,095,680   3,230  
39     CME E-Mini Standard & Poor's 500 Index Futures   12/15/2023 8,924,663   341,250  
89     COMEX Gold 100 Troy Ounces Futures(c)   02/27/2024 18,309,080   167,020  
285     ICE US MSCI Emerging Markets EM Index Futures   12/15/2023 14,066,175   177,760  
    TOTAL FUTURES CONTRACTS   $ 937,324  
         
               

  

 

 

(a) Zero coupon bond; rate disclosed is the effective yield as of November 30, 2023.
(b) Rate disclosed is the seven-day effective yield as of November 30, 2023.
(c) All or a portion of this investment is a holding of the Hundredfold Select Alternative Fund Limited (HFSA Fund Limited).

 

 

TOTAL RETURN SWAPS               
Number of Shares   Reference Entity Notional Amount at November 30, 2023   Interest Rate Payable(1)  Termination Date Counterparty   Unrealized Appreciation 
Long Position:                  
     5,088,235   Invesco High Yield Fund Class R6  $ 17,452,647   USD-SOFR plus 165 bp 11/16/2026 BRC    $ 153,308
     3,882,175   Invesco Senior Floating Rate Fund Class R6               25,700,000   USD-SOFR plus 165 bp 11/3/2026 BRC             47,670
        233,700   iShares iBoxx $ High Yield Corporate Bond ETF               17,693,427   USD-SOFR plus 35 bp 12/4/2024 BRC           383,614
        133,300   iShares National Muni Bond ETF               14,199,116   USD-SOFR plus 35 bp 12/19/2024 BRC           340,695
     1,240,143   Nuveen High Yield Municipal Bond Fund Class R6               17,920,072   USD-Federal Funds-H.15  plus 165 bp 12/16/2024 CIBC           606,861
        460,800   Vanguard Tax-Exempt Bond Index Fund ETF               23,044,608   USD-SOFR plus 35 bp 12/19/2024 BRC           498,661
              Total:      $ 2,030,809
    BRC - Barclays Capital               
    CIBC - Canadian Imperial Bank of Commerce              
    SOFR - Secured Overnight Financing Rate              
                   
    (1) Interest rate is based upon predeterminied notional amounts, which may be a multiple of the number of shares plus a specified spread.