NPORT-EX 2 GAB0500GA093023.htm

 

Global Atlantic BlackRock Disciplined Mid Cap Growth Portfolio

Portfolio of Investments (Unaudited)

September 30, 2023

 

 

 

  Shares/
Principal
  Fair Value
Common Stocks - 98.5%      
Aerospace & Defense - 1.0%      
Axon Enterprise, Inc. * 4,488   $893,067
HEICO Corp., Class A 7,799    1,007,787
Lockheed Martin Corp. 569    232,698
Textron, Inc. 1,843    144,012
       2,277,564
Automobiles - 0.3%      
General Motors Co. 19,570    645,223
       
Banks - 0.4%      
Mid Penn Bancorp., Inc. 1    20
NU Holdings Ltd./Cayman Islands, Class A * 114,905    833,061
       833,081
Beverages - 0.5%      
PepsiCo, Inc. 7,492    1,269,444
       
Biotechnology - 6.3%      
Alnylam Pharmaceuticals, Inc. * 4,152    735,319
Amgen, Inc. 2,683    721,083
Apellis Pharmaceuticals, Inc. * 792    30,128
BioMarin Pharmaceutical, Inc. * 2,279    201,646
Exact Sciences Corp. * 4,460    304,261
Exelixis, Inc. * 78,423    1,713,543
Horizon Therapeutics PLC * 13,676    1,582,176
Incyte Corp. * 38,853    2,244,538
Ionis Pharmaceuticals, Inc. * 11,587    525,586
Natera, Inc. * 7,727    341,920
Neurocrine Biosciences, Inc. * 20,216    2,274,300
RayzeBio, Inc. * 85    1,887
Sarepta Therapeutics, Inc. * 4,695    569,128
Seagen, Inc. * 11,374    2,412,994
Ultragenyx Pharmaceutical, Inc. * 21,514    766,974
       14,425,483
Broadline Retail - 1.5%      
Amazon.com, Inc. * 8,498    1,080,266
Coupang, Inc. * 84,421    1,435,157
eBay, Inc. 17,847    786,874
Nordstrom, Inc. 4,427    66,139
       3,368,436
Building Products - 1.8%      
A O Smith Corp. 13,731    908,031
Advanced Drainage Systems, Inc. 931    105,976
Allegion PLC 8,313    866,214
Builders FirstSource, Inc. * 2,017    251,096
Trane Technologies PLC 10,169    2,063,392
Trex Co., Inc. * 571    35,191
       4,229,900
Capital Markets - 4.0%      
Affiliated Managers Group, Inc. 1,224    159,536
Ameriprise Financial, Inc. 1,040    342,867
Ares Management Corp., Class A 7,382    759,386

 

  Shares/
Principal
  Fair Value
       
Capital Markets (continued)      
Houlihan Lokey, Inc. 3,709   $397,308
LPL Financial Holdings, Inc. 2,476    588,422
MarketAxess Holdings, Inc. 2,242    478,981
Moody's Corp. 7,630    2,412,377
MSCI, Inc. 5,045    2,588,489
Nasdaq, Inc. 22,714    1,103,673
XP, Inc., Class A 17,199    396,437
       9,227,476
Chemicals - 0.3%      
Ginkgo Bioworks Holdings, Inc. * 18,390    33,286
PPG Industries, Inc. 5,542    719,352
Sherwin-Williams Co. (The) 82    20,914
       773,552
Commercial Services & Supplies - 4.6%      
Cintas Corp. 11,177    5,376,249
Copart, Inc. * 77,832    3,353,781
Rollins, Inc. 29,022    1,083,391
Tetra Tech, Inc. 4,562    693,561
       10,506,982
Construction & Engineering - 1.6%      
AECOM 3,940    327,178
EMCOR Group, Inc. 8,047    1,693,008
Valmont Industries, Inc. 6,900    1,657,449
       3,677,635
Construction Materials - 1.0%      
Vulcan Materials Co. 11,488    2,320,806
       
Consumer Staples Distribution & Retail - 0.3%      
Casey's General Stores, Inc. 1,309    355,420
Sysco Corp. 2,569    169,682
US Foods Holding Corp. * 2,148    85,276
       610,378
Diversified Consumer Services - 0.1%      
H&R Block, Inc. 6,618    284,971
Service Corp. International 650    37,141
       322,112
Diversified Telecommunication Services - 0.1%      
Iridium Communications, Inc. 2,855    129,874
       
Electrical Equipment - 1.2%      
AMETEK, Inc. 2,629    388,461
Hubbell, Inc. 1,254    393,016
Rockwell Automation, Inc. 7,131    2,038,539
       2,820,016
Electronic Equipment, Instruments & Components - 2.1%      
CDW Corp. 3,399    685,782
Flex Ltd. * 37,615    1,014,853
Keysight Technologies, Inc. * 6,917    915,188

 

 

 

 

Global Atlantic BlackRock Disciplined Mid Cap Growth Portfolio

Portfolio of Investments (Unaudited) (Continued)

September 30, 2023

 

  Shares/
Principal
  Fair Value
       
Electronic Equipment, Instruments & Components (continued)      
TE Connectivity Ltd. 17,043   $2,105,322
       4,721,145
Energy Equipment & Services - 0.0%      
Halliburton Co. 867    35,113
Parker Drilling Co. * 2    26
       35,139
Entertainment - 1.7%      
Electronic Arts, Inc. 2,496    300,518
Live Nation Entertainment, Inc. * 1,203    99,897
Playtika Holding Corp. * 67,407    649,129
ROBLOX Corp., Class A * 33,712    976,300
Spotify Technology SA * 12,601    1,948,619
       3,974,463
Financial Services - 3.2%      
Apollo Global Management, Inc. 15,209    1,365,160
Block, Inc. * 47,945    2,122,046
Euronet Worldwide, Inc. * 10,823    859,130
FleetCor Technologies, Inc. * 665    169,801
Jack Henry & Associates, Inc. 7,884    1,191,588
Mastercard, Inc., Class A 1,422    562,984
Shift4 Payments, Inc., Class A * 4,366    241,745
StoneCo Ltd., Class A * 8,140    86,854
Toast, Inc., Class A * 22,672    424,646
WEX, Inc. * 1,599    300,756
       7,324,710
Food Products - 0.4%      
Hershey Co. (The) 4,416    883,553
       
Ground Transportation - 1.5%      
Lyft, Inc., Class A * 31,578    332,832
Old Dominion Freight Line, Inc. 5,891    2,410,244
Saia, Inc. * 1,672    666,543
       3,409,619
Health Care Equipment & Supplies - 6.7%      
Align Technology, Inc. * 6,034    1,842,301
Dexcom, Inc. * 33,976    3,169,961
Enovis Corp. * 844    44,504
IDEXX Laboratories, Inc. * 8,882    3,883,832
Inspire Medical Systems, Inc. * 4,295    852,300
Insulet Corp. * 7,939    1,266,191
Penumbra, Inc. * 1,705    412,457
ResMed, Inc. 13,350    1,974,064
Shockwave Medical, Inc. * 642    127,822
Stryker Corp. 6,277    1,715,316
       15,288,748
Health Care Providers & Services - 2.5%      
Cencora, Inc. 13,529    2,434,814
Chemed Corp. 387    201,124
DaVita, Inc. * 6,706    633,918
Elevance Health, Inc. 2,686    1,169,538

 

  Shares/
Principal
  Fair Value
       
Health Care Providers & Services (continued)      
Ensign Group, Inc. (The) 4,463   $414,747
HCA Healthcare, Inc. 2,422    595,763
Humana, Inc. 222    108,007
Tenet Healthcare Corp. * 2,640    173,950
       5,731,861
Health Care Technology - 0.7%      
Teladoc Health, Inc. * 40,706    756,725
Veeva Systems, Inc., Class A * 4,176    849,607
       1,606,332
Hotels, Restaurants & Leisure - 4.6%      
Boyd Gaming Corp. 20,068    1,220,736
Caesars Entertainment, Inc. * 13,378    620,070
Darden Restaurants, Inc. 3,454    494,682
Domino's Pizza, Inc. 2,800    1,060,612
DoorDash, Inc., Class A * 13,804    1,097,004
DraftKings, Inc., Class A * 25,077    738,267
Expedia Group, Inc. * 8,517    877,847
Royal Caribbean Cruises Ltd. * 10,165    936,603
Texas Roadhouse, Inc. 10,091    969,745
Travel + Leisure Co. 45,005    1,653,034
Wingstop, Inc. 2,889    519,558
Yum! Brands, Inc. 2,232    278,866
       10,467,024
Household Durables - 0.8%      
Leggett & Platt, Inc. 14,909    378,838
PulteGroup, Inc. 1,121    83,010
Toll Brothers, Inc. 10,282    760,457
TopBuild Corp. * 2,269    570,880
       1,793,185
Household Products - 0.7%      
Church & Dwight Co., Inc. 9,733    891,835
Clorox Co. (The) 4,829    632,889
Kimberly-Clark Corp. 331    40,001
       1,564,725
Independent Power and Renewable Electricity Producers - 0.2%      
AES Corp. (The) 25,587    388,922
       
Insurance - 1.8%      
Arch Capital Group Ltd. * 16,815    1,340,324
Everest Group Ltd. 4,760    1,769,149
Kinsale Capital Group, Inc. 2,065    855,178
MetLife, Inc. 2,858    179,797
       4,144,448
Interactive Media & Services - 1.6%      
Alphabet, Inc., Class A * 7,541    986,816
Match Group, Inc. * 10,366    406,088
Meta Platforms, Inc., Class A * 3,548    1,065,145
Pinterest, Inc., Class A * 45,033    1,217,242
ZoomInfo Technologies, Inc. * 6,693    109,765
       3,785,056

 

 

 

 

Global Atlantic BlackRock Disciplined Mid Cap Growth Portfolio

Portfolio of Investments (Unaudited) (Continued)

September 30, 2023

 

  Shares/
Principal
  Fair Value
       
IT Services - 2.6%      
Cloudflare, Inc., Class A * 20,622   $1,300,011
EPAM Systems, Inc. * 2,601    665,050
Gartner, Inc. * 4,749    1,631,804
Globant SA * 1,361    269,274
GoDaddy, Inc., Class A * 1,660    123,637
MongoDB, Inc. * 4,672    1,615,858
Twilio, Inc., Class A * 1,135    66,431
VeriSign, Inc. * 988    200,099
       5,872,164
Leisure Products - 0.2%      
Brunswick Corp. 5,328    420,912
       
Life Sciences Tools & Services - 4.6%      
10X Genomics, Inc., Class A * 1,505    62,081
Agilent Technologies, Inc. 35,143    3,929,690
Bruker Corp. 14,864    926,027
IQVIA Holdings, Inc. * 2,417    475,545
Medpace Holdings, Inc. * 2,764    669,248
Mettler-Toledo International, Inc. * 2,261    2,505,346
Waters Corp. * 421    115,443
West Pharmaceutical Services, Inc. 5,015    1,881,678
       10,565,058
Machinery - 2.0%      
Graco, Inc. 26,228    1,911,497
Oshkosh Corp. 7,420    708,091
Otis Worldwide Corp. 8,933    717,409
Xylem, Inc. 14,004    1,274,784
       4,611,781
Media - 1.4%      
Fox Corp., Class A 21,409    667,961
Liberty Media Corp-Liberty SiriusXM * 6,632    168,851
Trade Desk, Inc. (The), Class A * 29,844    2,332,308
       3,169,120
Oil, Gas & Consumable Fuels - 3.6%      
APA Corp. 7,625    313,387
Cheniere Energy, Inc. 9,724    1,613,795
Devon Energy Corp. 12,388    590,908
Hess Corp. 10,180    1,557,540
Marathon Oil Corp. 3,830    102,453
Pioneer Natural Resources Co. 249    57,158
Targa Resources Corp. 42,001    3,600,326
Texas Pacific Land Corp. 202    368,359
Valero Energy Corp. 385    54,558
       8,258,484
Personal Care Products - 0.0%      
Oddity Tech Ltd., Class A * 957    27,131
       
Professional Services - 3.0%      
Insperity, Inc. 3,491    340,722
Paychex, Inc. 27,629    3,186,452
Paycom Software, Inc. 1,923    498,576
Paylocity Holding Corp. * 2,914    529,474

 

  Shares/
Principal
  Fair Value
       
Professional Services (continued)      
Verisk Analytics, Inc. 10,196   $2,408,703
       6,963,927
Real Estate Management & Development - 0.3%      
CoStar Group, Inc. * 6,786    521,776
Zillow Group, Inc., Class A * 4,300    192,597
       714,373
Residential REITs - 0.3%      
Camden Property Trust 6,593    623,566
       
Retail REITs - 0.2%      
Simon Property Group, Inc. 4,642    501,475
       
Semiconductors & Semiconductor Equipment - 3.8%      
Applied Materials, Inc. 4,083    565,291
ARM Holdings PLC, ADR * 4,469    239,181
Axcelis Technologies, Inc. * 1,857    302,784
Enphase Energy, Inc. * 2,220    266,733
Intel Corp. 10,267    364,992
Lam Research Corp. 725    454,408
Lattice Semiconductor Corp. * 17,130    1,471,981
MaxLinear, Inc. * 3,518    78,275
Microchip Technology, Inc. 22,870    1,785,004
Monolithic Power Systems, Inc. 1,226    566,412
NVIDIA Corp. 4,225    1,837,833
Teradyne, Inc. 7,052    708,444
       8,641,338
Software - 12.5%      
Adobe, Inc. * 410    209,059
Alteryx, Inc., Class A * 1,642    61,887
ANSYS, Inc. * 4,032    1,199,722
Autodesk, Inc. * 1,279    264,638
Cadence Design Systems, Inc. * 5,143    1,205,005
Confluent, Inc., Class A * 1,685    49,893
Crowdstrike Holdings, Inc., Class A * 17,045    2,852,992
Datadog, Inc., Class A * 18,642    1,698,100
DocuSign, Inc. * 23,879    1,002,918
Dropbox, Inc., Class A * 50,087    1,363,869
Dynatrace, Inc. * 14,814    692,258
Elastic NV * 952    77,340
Fair Isaac Corp. * 1,336    1,160,356
Five9, Inc. * 4,645    298,674
Fortinet, Inc. * 11,609    681,216
Gitlab, Inc., Class A * 4,188    189,381
Guidewire Software, Inc. * 843    75,870
HubSpot, Inc. * 3,540    1,743,450
Klaviyo, Inc., Class A * 1,506    51,957
Manhattan Associates, Inc. * 17,670    3,492,652
Microsoft Corp. 7,863    2,482,742
New Relic, Inc. * 546    46,749
Nutanix, Inc., Class A * 692    24,137

 

 

 

 

Global Atlantic BlackRock Disciplined Mid Cap Growth Portfolio

Portfolio of Investments (Unaudited) (Continued)

September 30, 2023

 

  Shares/
Principal
  Fair Value
       
Software (continued)      
Palantir Technologies, Inc., Class A * 108,660   $1,738,560
Pegasystems, Inc. 1,862    80,829
RingCentral, Inc., Class A * 19,866    588,630
Smartsheet, Inc., Class A * 15,283    618,350
Splunk, Inc. * 9,010    1,317,713
Teradata Corp. * 25,295    1,138,781
UiPath, Inc., Class A * 29,956    512,547
Unity Software, Inc. * 15,601    489,715
Zscaler, Inc. * 7,658    1,191,508
       28,601,498
Specialized REITs - 0.6%      
SBA Communications Corp., Class A 6,715    1,344,142
       
Specialty Retail - 4.2%      
AutoNation, Inc. * 2,760    417,864
Best Buy Co., Inc. 12,240    850,313
Burlington Stores, Inc. * 8,361    1,131,243
Chewy, Inc., Class A * 9,178    167,590
Five Below, Inc. * 11,005    1,770,704
Murphy USA, Inc. 497    169,840
O'Reilly Automotive, Inc. * 431    391,719
Penske Automotive Group, Inc. 3,384    565,331
Petco Health & Wellness Co., Inc. * 3,630    14,847
Ross Stores, Inc. 10,055    1,135,712
TJX Cos., Inc. (The) 6,217    552,567
Tractor Supply Co. 2,919    592,703
Ulta Beauty, Inc. * 3,717    1,484,756
Wayfair, Inc., Class A * 4,922    298,125
       9,543,314
Technology Hardware, Storage & Peripherals - 2.0%      
Apple, Inc. 1,128    193,125
Dell Technologies, Inc., Class C 10,938    753,628
Hewlett Packard Enterprise Co. 44,873    779,444
HP, Inc. 77,726    1,997,558
Pure Storage, Inc., Class A * 25,009    890,821
       4,614,576
Textiles, Apparel & Luxury Goods - 1.5%      
Crocs, Inc. * 6,883    607,287
Deckers Outdoor Corp. * 71    36,500
Lululemon Athletica, Inc. * 1,681    648,210
Skechers USA, Inc., Class A * 38,290    1,874,296
Tapestry, Inc. 12,038    346,093
       3,512,386
Trading Companies & Distributors - 2.2%      
Herc Holdings, Inc. 566    67,320
SiteOne Landscape Supply, Inc. * 2,509    410,096
WW Grainger, Inc. 6,689    4,627,718
       5,105,134
Total Common Stocks      
(Cost - $212,792,822)      225,647,271

  Shares/
Principal
  Fair Value
Rights - 0.0%      
ABIOMED, Inc.* 1,883   $1,921
Achillion Pharmaceuticals, Inc., CVR* 1,183    544
Prevail Therapeutics, Inc., CVR* 107    53
       
Total Rights      
(Cost - $0)      2,518
Short-Term Investments - 1.5%      
Money Market Funds - 1.5%      
Fidelity Investments Money Market Fund - Government Portfolio, Institutional Class, 5.23%(a) (Cost - $3,473,364) 3,473,364    3,473,364
       
Total Investments - 100.0%      
(Cost - $216,266,186)     $229,123,153
Other Assets Less Liabilities - Net 0.0%     58,346
Total Net Assets - 100.0%     $229,181,499

 

 

 

 

Global Atlantic BlackRock Disciplined Mid Cap Growth Portfolio

Portfolio of Investments (Unaudited) (Continued)

September 30, 2023

 

 

* Non-income producing security.
Represents less than 0.05%.
(a) The rate shown is the annualized seven-day yield at period end.

ADR - American Depositary Receipt
CVR - Contingent Value Rights
PLC - Public Limited Company

 

 

 

 

 

 

 

Futures Contracts            
    Counterparty   Number of
Contracts
  Expiration Date     Notional Value   Fair
Value/Unrealized
Appreciation
(Depreciation)
Long Futures Contracts                      
S&P 500 E-Mini Future   Goldman Sachs & Co.   17   12/15/2023     $3,676,675   $(138,513)