Horizon Active Dividend Fund
|
|||||||
PORTFOLIO OF INVESTMENTS (Unaudited)
|
|||||||
February 28, 2022
|
|||||||
Shares
|
Value
|
||||||
COMMON STOCKS - 98.0%
|
|||||||
Aerospace/Defense - 3.0%
|
|||||||
9,450
|
Lockheed Martin Corp.
|
$
|
4,099,410
|
||||
Apparel - 1.8%
|
|||||||
18,045
|
Ralph Lauren Corp.
|
2,382,662
|
|||||
Auto Manufacturers - 1.7%
|
|||||||
131,723
|
Ford Motor Co.
|
2,313,056
|
|||||
Beverages - 2.6%
|
|||||||
56,507
|
Coca-Cola Co.
|
3,516,996
|
|||||
Biotechnology - 1.2%
|
|||||||
7,098
|
Amgen, Inc.
|
1,607,555
|
|||||
Chemicals - 1.4%
|
|||||||
6,520
|
Linde PLC
|
1,911,925
|
|||||
Computers - 3.0%
|
|||||||
8,548
|
Accenture PLC, Class A
|
2,701,339
|
|||||
11,402
|
International Business Machines Corp.
|
1,396,859
|
|||||
4,098,198
|
|||||||
Cosmetics/Personal Care - 4.8%
|
|||||||
31,390
|
Procter & Gamble Co.
|
4,893,387
|
|||||
32,789
|
Unilever PLC, ADR
|
1,648,303
|
|||||
6,541,690
|
|||||||
Diversified Financial Services - 4.4%
|
|||||||
4,926
|
BlackRock, Inc.
|
3,664,402
|
|||||
16,095
|
T. Rowe Price Group, Inc.
|
2,326,693
|
|||||
5,991,095
|
|||||||
Electric - 1.5%
|
|||||||
25,166
|
NextEra Energy, Inc.
|
1,969,743
|
|||||
Finance and Insurance - 6.4%
|
|||||||
28,807
|
Ares Management Corp., Class A
|
2,335,960
|
|||||
18,648
|
Blackstone, Inc.
|
2,377,061
|
|||||
18,277
|
Royal Bank of Canada
|
2,018,146
|
|||||
23,473
|
The Toronto-Dominion Bank
|
1,894,036
|
|||||
8,625,203
|
|||||||
Healthcare Products - 2.0%
|
|||||||
22,873
|
Abbott Laboratories
|
2,758,941
|
|||||
Healthcare Services - 4.3%
|
|||||||
12,364
|
UnitedHealth Group, Inc.
|
5,883,657
|
|||||
Insurance - 3.4%
|
|||||||
18,863
|
Allstate Corp.
|
2,308,077
|
|||||
18,531
|
Cincinnati Financial Corp.
|
2,275,421
|
|||||
4,583,498
|
|||||||
Machinery - Construction & Mining - 1.0%
|
|||||||
6,813
|
Caterpillar, Inc.
|
1,277,982
|
|||||
Manufacturing - 6.9%
|
|||||||
23,059
|
Autoliv, Inc.
|
2,029,422
|
|||||
7,359
|
Diageo PLC, ADR
|
1,469,519
|
|||||
53,983
|
Taiwan Semiconductor Manufacturing Co., Ltd., ADR
|
5,776,721
|
|||||
9,275,662
|
|||||||
Mining - 3.6%
|
|||||||
36,393
|
Newmont Goldcorp Corp.
|
2,409,216
|
|||||
34,428
|
Southern Copper Corp.
|
2,388,959
|
|||||
4,798,175
|
|||||||
Mining, Quarrying, and Oil and Gas Extraction - 1.7%
|
|||||||
44,389
|
Agnico Eagle Mines, Ltd.
|
2,241,201
|
|||||
Oil & Gas - 11.4%
|
|||||||
41,095
|
BP PLC
|
1,200,385
|
|||||
101,197
|
Cabot Oil & Gas Corp.
|
2,360,926
|
|||||
25,112
|
Chevron Corp.
|
3,616,128
|
|||||
16,708
|
ConocoPhillips
|
1,584,921
|
|||||
42,294
|
Devon Energy Corp.
|
2,518,607
|
|||||
20,636
|
EOG Resources, Inc.
|
2,371,489
|
|||||
33,609
|
Total Energies SE, ADR
|
1,698,263
|
|||||
15,350,719
|
|||||||
Pharmaceuticals - 14.9%
|
|||||||
23,097
|
AbbVie, Inc.
|
3,413,044
|
|||||
27,847
|
Bristol-Myers Squibb Co.
|
1,912,254
|
|||||
12,459
|
Eli Lilly & Co.
|
3,114,127
|
|||||
34,579
|
Johnson & Johnson
|
5,690,666
|
|||||
32,719
|
Merck & Co., Inc.
|
2,505,621
|
|||||
73,461
|
Pfizer, Inc.
|
3,448,259
|
|||||
20,083,971
|
|||||||
Retail - 6.5%
|
|||||||
10,536
|
Advance Auto Parts, Inc.
|
2,154,401
|
|||||
15,805
|
Darden Restaurants, Inc.
|
2,295,202
|
|||||
13,721
|
Home Depot, Inc.
|
4,333,504
|
|||||
8,783,107
|
|||||||
Semiconductors - 5.0%
|
|||||||
3,969
|
Broadcom, Inc.
|
2,331,549
|
|||||
52,702
|
Intel Corp.
|
2,513,885
|
|||||
11,825
|
Texas Instruments, Inc.
|
2,010,132
|
|||||
6,855,566
|
|||||||
Telecommunications - 2.3%
|
|||||||
54,735
|
Cisco Systems, Inc.
|
3,052,571
|
|||||
Transportation - 3.2%
|
|||||||
8,174
|
Union Pacific Corp.
|
2,010,395
|
|||||
11,218
|
United Parcel Service, Inc., Class B
|
2,360,492
|
|||||
4,370,887
|
|||||||
TOTAL COMMON STOCKS (Cost -
$130,151,249)
|
132,373,470
|
||||||
PREFERRED STOCKS - 0.1%
|
|||||||
Manufacturing - 0.1%
|
|||||||
9,473
|
Pitney Bowes, Inc.
|
199,028
|
|||||
TOTAL PREFERRED STOCKS (Cost -
$173,879)
|
199,028
|
||||||
SHORT TERM INVESTMENTS - 1.5%
|
|||||||
Money Market Funds - 1.5%
|
|||||||
1,997,730
|
First American Treasury Obligations Fund, Class X, 0.01% (a)
|
1,997,730
|
|||||
TOTAL SHORT TERM INVESTMENTS
(Cost - $1,997,730)
|
1,997,730
|
||||||
TOTAL INVESTMENTS - 99.6% (Cost - $132,322,858)
|
134,570,228
|
||||||
Other Assets in Excess of Liabilities - 0.4%
|
577,255
|
||||||
NET ASSETS - 100.0%
|
$
|
135,147,483
|
|||||
Percentages are stated as a percent of net assets.
|
|||||||
ADR - American Depositary Receipt
|
|||||||
(a) Interest rate reflects seven-day yield on February 28, 2022.
|
|||||||
Horizon Active Asset Allocation Fund
|
||||||||||||||||
Assets *
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Investment Companies
|
$
|
725,974,715
|
$
|
-
|
$
|
-
|
$
|
725,974,715
|
||||||||
Investments Purchased With Proceeds From Securities Lending
|
204,838,565
|
-
|
-
|
204,838,565
|
||||||||||||
Total
|
$
|
930,813,280
|
$
|
-
|
$
|
-
|
$
|
930,813,280
|
||||||||
Horizon Active Risk Assist® Fund
|
||||||||||||||||
Assets *
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Investment Companies
|
$
|
1,139,216,993
|
$
|
-
|
$
|
-
|
$
|
1,139,216,993
|
||||||||
Common Stocks
|
30,009,475
|
-
|
-
|
30,009,475
|
||||||||||||
Purchased Put Options
|
-
|
202,500
|
-
|
202,500
|
||||||||||||
Short-Term Investments
|
9,844,155
|
-
|
-
|
9,844,155
|
||||||||||||
Investments Purchased With Proceeds From Securities Lending
|
260,274,878
|
-
|
-
|
260,274,878
|
||||||||||||
Total
|
$
|
1,439,345,501
|
$
|
202,500
|
$
|
-
|
$
|
1,439,548,001
|
||||||||
Liabilities *
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Written Put Options
|
$
|
-
|
$
|
120,000
|
$
|
-
|
$
|
120,000
|
||||||||
Total
|
$
|
-
|
$
|
120,000
|
$
|
-
|
$
|
120,000
|
||||||||
Horizon Active Income Fund
|
||||||||||||||||
Assets *
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Investment Companies
|
$
|
435,923,557
|
$
|
-
|
$
|
-
|
$
|
435,923,557
|
||||||||
Short-Term Investments
|
13,464,775
|
-
|
-
|
13,464,775
|
||||||||||||
Investments Purchased With Proceeds From Securities Lending
|
146,503,889
|
-
|
-
|
146,503,889
|
||||||||||||
Total
|
$
|
595,892,221
|
$
|
-
|
$
|
-
|
$
|
595,892,221
|
||||||||
Horizon Active Dividend Fund
|
||||||||||||||||
Assets *
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Common Stocks
|
$
|
132,373,470
|
$
|
-
|
$
|
-
|
$
|
132,373,470
|
||||||||
Preferred Stocks
|
199,028
|
-
|
-
|
199,028
|
||||||||||||
Short-Term Investments
|
1,997,730
|
-
|
-
|
1,997,730
|
||||||||||||
Total
|
$
|
134,570,228
|
$
|
-
|
$
|
-
|
$
|
134,570,228
|
||||||||
Horizon Defined Risk Fund
|
||||||||||||||||
Assets *
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Common Stocks
|
$
|
289,460,713
|
$
|
-
|
$
|
-
|
$
|
289,460,713
|
||||||||
Purchased Put Options
|
-
|
10,873,825
|
-
|
10,873,825
|
||||||||||||
Short-Term Investments
|
6,376,501
|
-
|
-
|
6,376,501
|
||||||||||||
Investments Purchased With Proceeds From Securities Lending
|
73,654
|
-
|
-
|
73,654
|
||||||||||||
Total
|
$
|
295,910,868
|
$
|
10,873,825
|
$
|
-
|
$
|
306,784,693
|
||||||||
Liabilities *
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Written Call Options
|
$
|
-
|
$
|
1,034,250
|
$
|
-
|
$
|
1,034,250
|
||||||||
Written Put Options
|
-
|
3,159,100
|
-
|
3,159,100
|
||||||||||||
Total
|
$
|
-
|
$
|
4,193,350
|
$
|
-
|
$
|
4,193,350
|
||||||||
Horizon ESG Defensive Core Fund
|
||||||||||||||||
Assets *
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Common Stocks
|
$
|
162,157,273
|
$
|
-
|
$
|
-
|
$
|
162,157,273
|
||||||||
Short-Term Investments
|
2,086,352
|
-
|
-
|
2,086,352
|
||||||||||||
Total
|
$
|
164,243,625
|
$
|
-
|
$
|
-
|
$
|
164,243,625
|
||||||||
Horizon US Defensive Equity Fund
|
||||||||||||||||
Assets *
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Common Stocks
|
$
|
127,204,568
|
$
|
-
|
$
|
-
|
$
|
127,204,568
|
||||||||
Short-Term Investments
|
1,330,844
|
-
|
-
|
1,330,844
|
||||||||||||
Total
|
$
|
128,535,412
|
$
|
-
|
$
|
-
|
$
|
128,535,412
|
||||||||
* Refer to the Portfolios of Investments for security classifications.
|