Horizon Active Asset Allocation Fund
PORTFOLIO OF INVESTMENTS (Unaudited)
August 31, 2023
Shares					Value
		INVESTMENT COMPANIES - 99.0%
		Exchange Traded Funds - 99.0%
	271,609	Communication Services Select Sector SPDR Fund			$	18,396,078
	303	Consumer Staples Select Sector SPDR Fund				22,046
	304,447	Energy Select Sector SPDR Fund				27,071,427
	198,224	Invesco QQQ Trust Series 1				74,926,690
	544,595	Invesco S&P 500 Equal Weight ETF (a)				81,645,682
	1,089,441	iShares Core MSCI EAFE ETF				72,894,497
	137,708	iShares Core S&P Mid-Cap ETF (a)				36,396,224
	271,460	iShares Core S&P Small-Cap ETF				27,357,739
	1,189,235	iShares Edge MSCI USA Quality Factor ETF				165,731,790
	342,211	iShares Latin America 40 ETF (a)				8,935,129
	632	iShares MSCI EAFE ETF				45,207
	501	iShares MSCI Eurozone ETF				22,460
	507	iShares MSCI India ETF				22,293
	754,940	iShares MSCI Japan ETF (a)				46,534,502
	605,204	iShares MSCI USA Minimum Volatility ETF				45,317,676
	466	iShares MSCI USA Momentum Factor ETF				68,595
	192	iShares U.S. Aerospace & Defense ETF				22,305
	874	Pacer US Cash Cows 100 ETF				44,504
	1,053,511	SPDR Portfolio Emerging Markets ETF (a)				36,156,498
	2,081,103	SPDR Portfolio S&P 500 Growth ETF				130,068,937
	1,047,883	SPDR Portfolio S&P 500 Value ETF				45,551,474
	746	SPDR S&P Regional Banking ETF				33,242
	297	VanEck Semiconductor ETF (a)				46,397
	325,161	WisdomTree Japan Hedged Equity Fund				27,980,104
	1,084,922	WisdomTree U.S. Quality Dividend Growth Fund				72,733,171
		TOTAL INVESTMENT COMPANIES (Cost - $877,652,890)				918,024,667
Contracts			Notional Value
		PURCHASED OPTIONS - 0.0% (b)(c)(d)
		PURCHASED PUT OPTIONS - 0.0%
		SPDR S&P 500 ETF Trust
	2,000	Expiration: September 2023, Exercise Price: $430	$	90,070,000		87,000
		TOTAL PURCHASED OPTIONS (Cost - $560,650)				87,000
Shares
		SHORT TERM INVESTMENTS - 1.0%
		Money Market Funds - 1.0%
	8,805,885	First American Treasury Obligations Fund, Class X, 5.26% (e)				8,805,885
		TOTAL SHORT TERM INVESTMENTS (Cost - $8,805,885)				8,805,885
		INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 10.2%
	94,630,844	First American Government Obligations Fund, Class X, 5.18% (e)				94,630,844
		TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost - $94,630,844)				94,630,844
		TOTAL INVESTMENTS - 110.2% (Cost - $981,650,269)				1,021,548,396
		Liabilities in Excess of Other Assets - (10.2)%				(94,462,357	)
		NET ASSETS - 100.0%			$	927,086,039

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, 2023.

(b) Rounds to less than 0.1%

(c) Each option is exercisable into 100 shares of the underlying security.

(d) Non-income producing security.

(e) Interest rate reflects the seven-day yield on August 31, 2023.