Horizon Active Asset Allocation Fund
PORTFOLIO OF INVESTMENTS
August 31, 2021 (Unaudited)
Shares			Value
		INVESTMENT COMPANIES - 99.3%
		Exchange Traded Funds - 99.3%
	233,299	Invesco QQQ Trust Series 1 (a)	$	88,641,955
	460,976	Invesco S&P 500 Equal Weight ETF (a)		72,050,549
	715,556	iShares MSCI Eurozone ETF (a)		36,371,711
	1,016,649	iShares Core MSCI International Developed Markets ETF		70,189,447
	776,567	iShares Edge MSCI USA Quality Factor ETF		109,690,089
	646,471	iShares MSCI USA Minimum Volatility ETF (a)		50,198,473
	488,533	iShares MSCI USA Momentum Factor ETF		89,030,254
	115,976	Janus Henderson Small/Mid Cap Growth Alpha ETF (a)		7,987,267
	204,300	Schwab U.S. Large-Cap Value ETF		14,444,010
	595,699	SPDR Portfolio S&P 500 Growth ETF (a)		40,555,188
	884,749	SPDR Portfolio S&P 500 Value ETF (a)		35,858,877
	52,816	SPDR S&P Kensho New Economies Composite ETF		3,428,815
	918,863	WisdomTree U.S. Quality Dividend Growth Fund		57,300,297
	871,879	Xtrackers MSCI USA ESG Leaders Equity ETF		36,531,730
	363,806	Xtrackers S&P 500 ESG ETF (a)		14,534,050
		TOTAL INVESTMENT COMPANIES (Cost - $648,573,372)		726,812,712
		SHORT TERM INVESTMENTS - 0.7%
		Money Market Funds - 0.7%
	5,322,513	First American Treasury Obligations Fund, Class X, 0.01% (b)		5,322,513
		TOTAL SHORT TERM INVESTMENTS (Cost - $5,322,513)		5,322,513
		INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 25.0%
	182,902,285	Mount Vernon Liquid Assets Portfolio, LLC, 0.09% (b)		182,902,285
		TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost - $182,902,285)		182,902,285
		TOTAL INVESTMENTS - 125.0% (Cost - $836,798,170)		915,037,510
		Liabilities in Excess of Other Assets - (25.0)%		(182,959,121	)
		NET ASSETS - 100.0%	$	732,078,389
Percentages are stated as a percent of net assets.
(a) All or a portion of this security is out on loan as of August 31, 2021.
(b) Interest rate reflects seven-day yield on August 31, 2021.