NPORT-EX 2 fp0088354-8_nportex.htm

 

Schedule of Investments 

March 31, 2024 (unaudited)

 

Quantex Fund

 

Security Description 

Shares or

Principal

Amount ($)

   Fair Value ($)(@) 
          
Common Stocks (United States) - 52.2%           
            
Communication Services - 6.6%           
ALPHABET INC (A) (1)    5,691    858,943 
AT&T INC    3,768    66,317 
CHARTER COMMUNICATIONS INC CL A (1)    65    18,891 
COMCAST CORP NEW CL A    2,055    89,084 
ELECTRONIC ARTS INC    160    21,227 
FOX CORPORATION CLASS A    2,115    66,136 
FOX CORPORATION CLASS B    1,577    45,134 
INTERPUBLIC GROUP OF COS INC    1,270    41,440 
LIVE NATION ENTERTAINMENT INC (1)    145    15,337 
MATCH GROUP INC (1)    1,354    49,123 
META PLATFORMS INC    1,122    544,821 
NETFLIX INC (1)    205    124,503 
NEWS CORPORATION    2,243    58,722 
NEWS CORPORATION (B)    2,046    55,365 
PARAMOUNT GLOBAL    338    7,379 
PINTEREST INC (1)    385    13,348 
ROBLOX CORPORATION (1)    316    12,065 
ROKU INC. (A) (1)    94    6,126 
SPOTIFY TECHNOLOGY S A (1)    82    21,640 
TAKE TWO INTERACTIVE SOFTWARE (1)    111    16,482 
T-MOBILE US INC    241    39,336 
TRADE DESK, INC. (THE) (1)    262    22,904 
VERIZON COMMUNICATIONS INC    2,072    86,941 
WALT DISNEY CO (THE)    939    114,896 
WARNER BROS. DISCOVERY, INC. (1)    1,757    15,339 
            
          2,411,499 
            
Consumer Discretionary - 10.3%           
AIRBNB INC (1)    216    35,631 
AMAZON.COM INC (1)    4,734    853,919 
APTIV PLC (1)    181    14,417 
AUTOZONE INC (NEV) (1)    10    31,517 
BATH & BODY WORKS INC    1,614    80,732 
BEST BUY CO INC    135    11,074 
BOOKING HOLDINGS INC    18    65,302 
BORG WARNER INC    1,200    41,688 
BRUNSWICK CORP    156    15,057 
BURLINGTON STORES INC (1)    33    7,662 
CAESARS ENTERTAINMENT INC (1)    1,120    48,989 
CARMAX INC (1)    1,037    90,333 
CARNIVAL CORP NEW (1)    440    7,190 
CARVANA CO (1)    61    5,363 
CATO CORP (THE) NEW    1,089    6,284 
CHIPOTLE MEXICAN GRILL INC (1)    12    34,881 
COUPANG INC (1)    703    12,506 
CROCS INCORPORATED (1)    58    8,340 
DANA INCORPORATED    938    11,913 
DECKERS OUTDOOR CORP (1)    12    11,295 
DOMINO'S PIZZA INC    205    101,860 
DOORDASH INC (1)    161    22,173 
DR HORTON INC    184    30,277 
DRAFTKINGS INC (1)    250    11,353 
DUOLINGO, INC. (1)    24    5,294 

 

 

EBAY INC    286    15,095 
EL POLLO LOCO HOLDINGS INC (1)    1,178    11,474 
ETSY INC (1)    1,276    87,687 
EXPEDIA GROUP INC (1)    54    7,439 
FIVE BELOW INC (1)    35    6,348 
FLOOR & DECOR HOLDINGS INC (1)    85    11,018 
FORD MOTOR COMPANY    2,016    26,772 
GARMIN LIMITED    76    11,314 
GENERAL MOTORS COMPANY    718    32,561 
GENUINE PARTS CO    122    18,901 
HASBRO INC    1,106    62,511 
HILTON WORLDWIDE HOLDINGS INC    140    29,863 
HOME DEPOT INC    478    183,361 
LAS VEGAS SANDS CORP    277    14,321 
LEAR CORPORATION    154    22,312 
LENNAR CORP    217    37,320 
LIBERTY MEDIA (A) LIBERTY FORMULA ONE    199    11,689 
LITHIA MOTORS INC    39    11,734 
LKQ CORPORATION    1,240    66,228 
LOWES COMPANIES INC    281    71,579 
LULULEMON ATHLETICA INC (1)    62    24,220 
MARRIOTT INTERNATIONAL INC    130    32,800 
MCDONALDS CORP    347    97,837 
MGM RESORTS INTERNATIONAL (1)    1,712    80,824 
MOHAWK INDS INC (1)    700    91,623 
NIKE INC    675    63,437 
NORWEGIAN CRUISE LINE HOLDINGS LTD (1)    3,576    74,846 
O'REILLY AUTOMOTIVE INC (1)    34    38,382 
POOL CORPORATION    193    77,876 
PULTEGROUP INC    220    26,536 
RALPH LAUREN CORP    521    97,823 
RIVIAN AUTOMOTIVE INC (1)    498    5,453 
ROSS STORES INC    197    28,912 
ROYAL CARIBBEAN GROUP (1)    155    21,547 
SERVICE CORP INTL    217    16,104 
STARBUCKS CORP    625    57,119 
TAPESTRY INC    2,155    102,319 
TESLA INC (1)    1,406    247,161 
TJX COMPANIES INC    522    52,941 
TOPBUILD CORP (1)    36    15,866 
TRACTOR SUPPLY CO    89    23,293 
TRI POINTE HOMES INC (1)    670    25,902 
Ulta Beauty, Inc. (1)    31    16,209 
WAYFAIR INC (1)    91    6,177 
WHIRLPOOL CORP    295    35,291 
WILLIAMS SONOMA INC    48    15,241 
WYNN RESORTS LTD    580    59,293 
YUM BRANDS INC    188    26,066 
            
          3,765,675 
            
Consumer Staples - 1.8%           
ALTRIA GROUP INC    258    11,254 
ARCHER DANIELS MIDLAND CO    102    6,407 
CAMPBELL SOUP CO    1,260    56,007 
CELSIUS HOLDINGS INC (1)    28    2,322 
CHURCH & DWIGHT INC    60    6,259 
CLOROX COMPANY    28    4,287 
COCA COLA CO    616    37,687 
COLGATE PALMOLIVE CO    144    12,967 
CONSTELLATION BRANDS INC    39    10,599 
COSTCO WHOLESALE CORP    73    53,482 
DOLLAR GENERAL CORP NEW    23    3,589 
DOLLAR TREE INC (1)    25    3,329 
E.L.F. BEAUTY INC (1)    13    2,548 
ESTEE LAUDER COMPANIES INC    43    6,628 
GENERAL MILLS INC    143    10,006 
HERSHEY COMPANY (THE)    19    3,696 

 

 

J M SMUCKER COMPANY    332    41,789 
KENVUE INC    353    7,575 
KEURIG DR PEPPER INC    208    6,379 
KIMBERLY CLARK CORP    69    8,925 
KROGER CO    66    3,771 
LAMB WESTON HOLDINGS INC    523    55,715 
MCCORMICK & CO INC    75    5,761 
MOLSON COORS BEVERAGE COMPANY    825    55,481 
MONDELEZ INTERNATIONAL INC (A)    254    17,780 
MONSTER BEVERAGE CORPORATION (1)    154    9,129 
PEPSICO INC    198    34,652 
PERFORMANCE FOOD GROUP CO (1)    60    4,478 
PHILIP MORRIS INTL INC    281    25,745 
PROCTER & GAMBLE CO    340    55,165 
SYSCO CORP    97    7,874 
TARGET CORPORATION    82    14,531 
THE KRAFT HEINZ COMPANY    104    3,838 
TYSON FOODS INC    78    4,581 
WALGREEN BOOTS ALLIANCE INC    167    3,622 
WALMART INC    658    39,592 
            
          637,450 
            
Energy - 0.4%           
APA CORPORATION    1,749    60,131 
MARATHON OIL CORP    2,504    70,963 
            
          131,094 
            
Financials - 6.2%           
AFLAC INCORPORATED    131    11,248 
ALLSTATE CORPORATION    69    11,938 
AMERICAN EXPRESS CO    129    29,372 
AMERICAN INTL GROUP NEW    193    15,087 
AMERIPRISE FINANCIAL, INC    26    11,399 
AON PLC (IRELAND)    46    15,351 
APOLLO GLOBAL MANAGEMENT INC    130    14,619 
ARCH CAPITAL GROUP LTD (1)    125    11,555 
ARES MANAGEMENT CORPORATION    57    7,580 
ARTHUR J GALLAGHER & CO    58    14,502 
ASSURANT INC    371    69,837 
BANK OF AMERICA CORP NEW    1,402    53,164 
BANK OF NEW YORK MELLON CORP    240    13,829 
Berkshire Hathaway Class B (1)    437    183,767 
BLACKROCK INC    35    29,180 
BLACKSTONE INC    170    22,333 
BLOCK INC (1)    90    7,612 
BROWN & BROWN INC    84    7,353 
CAPITAL ONE FINL CORP    79    11,762 
CHARLES SCHWAB CORP    382    27,634 
CHUBB LIMITED    87    22,544 
CITIGROUP INC    435    27,509 
CITIZENS FINANCIAL GROUP INC    2,324    84,338 
CME GROUP INC    95    20,453 
COINBASE GLOBAL INC (1)    45    11,930 
COMERICA INC    640    35,194 
CORPAY, INC (1)    13    4,011 
DISCOVER FINANCIAL SERVICES    30    3,933 
DYNEX CAPITAL INC    571    7,109 
ESSENT GROUP LTD    132    7,855 
EVERCORE INC    37    7,126 
EVEREST GROUP LTD    10    3,975 
FACTSET RESEARCH SYSTEMS INC    17    7,725 
FIDELITY NATIONAL FINANCIAL INC    72    3,823 
FIDELITY NATL INFORMATION SERV    155    11,498 
FIFTH THIRD BANCORP    197    7,330 
FIRST COMWLTH FINL CORP PA    529    7,364 
FISERV INC (1)    143    22,854 

 

 

FRANKLIN RESOURCES INC    1,381    38,820 
GLOBAL PAYMENT INC    95    12,698 
GLOBE LIFE INC    298    34,678 
GOLDMAN SACHS GROUP INC    73    30,491 
INTERCONTINENTAL EXCHANGE INC    129    17,728 
JACK HENRY & ASSOC INC    323    56,115 
JPMORGAN CHASE & CO    645    129,194 
KEYCORP    4,214    66,623 
KINSALE CAPITAL GROUP INC    7    3,673 
KKR & CO INC    185    18,607 
LINCOLN NATL CORP IND    7,074    225,873 
LOEWS CORPORATION    977    76,489 
LPL FINANCIAL HOLDINGS INC    26    6,869 
M & T BANK CORP    68    9,890 
MARSH & MCLENNAN COS INC    124    25,542 
MASTERCARD INCORPORATED    191    91,980 
METLIFE INC    150    11,117 
MIDLAND STATES BANCORP, INC.    538    13,520 
MOODY'S CORPORATION    46    18,079 
MORGAN STANLEY    313    29,472 
MSCI INC    23    12,890 
NU HOLDINGS LTD (1)    644    7,683 
PAYPAL HOLDINGS INC (1)    305    20,432 
PNC FINANCIAL SVCS GROUP INC    112    18,099 
PROGRESSIVE CORP OH    150    31,023 
PRUDENTIAL FINANCIAL INC    122    14,323 
RAYMOND JAMES FINANCIAL INC    82    10,530 
REGIONS FINANCIAL CORP NEW    453    9,531 
ROBINHOOD MARKETS INC (1)    229    4,610 
S&P GLOBAL INC    76    32,334 
S&T BANCORP INC    360    11,549 
SIGNATURE BANK NY    1,708    3,928 
SMARTFINANCIAL INC    457    9,629 
SOFI TECHNOLOGIES INC (1)    421    3,073 
SOUTHSTATE CORPORATION    130    11,054 
SVB FINANCIAL GROUP (1)    798    40 
SYNCHRONY FINANCIAL    290    12,505 
T ROWE PRICE GROUP INC    89    10,851 
TOAST INC (1)    135    3,364 
TRAVELERS COS INC (THE)    70    16,110 
TRUIST FINANCIAL CORP    386    15,046 
TRUSTCO BK CORP NY    434    12,221 
US BANCORP NEW    455    20,339 
VISA INC.    358    99,911 
WEBSTER FIN CORP WATERBURY    221    11,220 
WELLS FARGO & CO NEW    876    50,773 
WILLIS TOWERS WATSON PLC    32    8,800 
ZIONS BANCORPORATION N.A    724    31,422 
            
          2,276,441 
            
Healthcare - 5.8%           
ABBOTT LABS    355    40,349 
ABBVIE INC    377    68,652 
ACADIA HEALTHCARE COMPANY INC (1)    44    3,486 
AGILENT TECHNOLOGIES INC    72    10,477 
ALIGN TECHNOLGY INC (1)    12    3,935 
ALNYLAM PHARMACEUTICALS (1)    24    3,587 
AMGEN INC    118    33,550 
AMICUS THERAPEUTICS, INC (1)    374    4,406 
ARROWHEAD PHARMACEUTICALS INC (1)    72    2,059 
AVANTOR INC (1)    250    6,393 
BAXTER INTL INC    166    7,095 
BECTON DICKINSON & CO    60    14,847 
BIO RAD LABORATORIES INC (1)    189    65,369 
BIOGEN INC (1)    32    6,900 
BIOMARIN PHARMACEUTICALS (1)    78    6,813 
BIO-TECHNE CORP    450    31,676 

 

 

BLUEPRINT MEDICINES CORPORATION (1)    31    2,941 
BOSTON SCIENTIFIC CORP (1)    318    21,780 
BRIDGEBIO PHARMA, INC (1)    82    2,535 
BRISTOL-MYERS SQUIBB CO    469    25,434 
CARDINAL HEALTH INC    63    7,050 
CATALENT INC (1)    1,474    83,207 
CENCORA INC    39    9,477 
CENTENE CORPORATION (1)    168    13,185 
CHARLES RIVER LABS INTL INC (1)    335    90,768 
COOPER COMPANIES INC (THE)    77    7,812 
CVS HEALTH CORP    289    23,051 
CYTOKINETICS INCORPORATED (1)    35    2,454 
DANAHER CORP    141    35,211 
DAVITA INC (1)    710    98,016 
DENTSPLY SIRONA INC    2,083    69,135 
DEXCOM INC (1)    80    11,096 
EDWARDS LIFESCIENCES CORP (1)    154    14,716 
ELANCO ANIMAL HEALTH INCORPORATED (1)    284    4,624 
ELEVANCE HEALTH INC    58    30,075 
ELI LILLY & CO    207    161,038 
GE HEALTHCARE TECHNOLOGIES INC    77    7,000 
GILEAD SCIENCE INC    290    21,243 
HCA HEALTHCARE INC    45    15,009 
HENRY SCHEIN INC (1)    600    45,312 
HUMANA INC    36    12,482 
ICON PLC ADS (1)    24    8,063 
IDEXX LABORATORIES CORP (1)    24    12,958 
ILLUMINA INC (1)    55    7,553 
INCYTE CORPORATION (1)    486    27,687 
INTELLIA THERAPEUTICS INC (1)    123    3,384 
INTRA-CELLULAR THERAPIES INC. (1)    84    5,813 
INTUITIVE SURGICAL INC (1)    82    32,725 
Iovance Biotherapeutics, Inc (1)    88    1,304 
IQVIA HOLDINGS INC (1)    42    10,621 
JOHNSON AND JOHNSON    519    82,101 
LAB CORP OF AMERICA NEW    47    10,268 
MADRIGAL PHARMACEUTICALS INC (1)    10    2,670 
MCKESSON CORP    36    19,327 
MEDTRONIC PLC    331    28,847 
MERCK & CO INC    557    73,496 
METTLER TOLEDO INTL INC (1)    8    10,650 
MODERNA, INC. (1)    98    10,443 
MOLINA HEALTHCARE INC (1)    22    9,038 
NATERA, INC (1)    43    3,933 
NEUROCRINE BIOSCIENCES INC (1)    48    6,620 
PENUMBRA INC (1)    18    4,017 
PFIZER INC    1,335    37,046 
QUEST DIAGNOSTICS INC    292    38,868 
REGENERON PHARMACEUTICALS INC (1)    26    25,025 
REPLIGEN CORP (1)    25    4,598 
RESMED INC    47    9,307 
REVVITY INC    297    31,185 
ROYALTY PHARMA PLC    204    6,195 
SAREPTA THERAPEUTICS INC (1)    33    4,272 
SHOCKWAVE MEDICAL, INC. (1)    15    4,884 
SIMULATIONS PLUS INC    117    4,815 
STERIS PLC (IRELAND)    40    8,993 
STRYKER CORP    90    32,208 
SYNDAX PHARMACEUTICALS INC (1)    186    4,427 
TENET HEALTHCARE CORP (1)    56    5,886 
THE CIGNA GROUP    76    27,602 
THERMO FISHER SCIENTIFIC INC    72    41,847 
ULTRAGENYX PHARMACEUTICAL INC (1)    87    4,062 
UNITEDHEALTH GROUP INC (DEL)    219    108,339 
UNIVERSAL HEALTH SVR INC    420    76,633 
UTAH MEDICAL PRODUCTS INC    91    6,471 
VAXCYTE, INC. (1)    62    4,235 
VEEVA SYSTEMS INC (1)    47    10,889 

 

 

VERACYTE INC (1)    193    4,277 
VERTEX PHARMACEUTICALS (1)    61    25,499 
VIATRIS INC.    4,984    59,509 
VIKING THERAPEUTICS, INC. (1)    29    2,378 
WATERS CORP (1)    26    8,950 
WEST PHARMACEUTICAL SVCS INC    22    8,706 
ZOETIS INC    99    16,752 
            
          2,119,621 
            
Industrials - 4.0%           
3M COMPANY    39    4,137 
A. O. SMITH CORP    820    73,357 
ALLEGION PLC    491    66,143 
AMERICAN AIRLINES GROUP INC (1)    4,534    69,597 
AMETEK INC    20    3,658 
API GROUP CORPORATION (1)    74    2,906 
AUTOMATIC DATA PROCESSING    61    15,234 
AXON ENTERPRISE INC (1)    12    3,755 
BOEING COMPANY (1)    71    13,702 
BOISE CASCADE COMPANY    18    2,761 
BOOZ ALLEN HAMILTON HOLDING CORPORATION    24    3,563 
BROADRIDGE FIN'L SOLUTIONS    26    5,326 
BUILDERS FIRSTSOURCE INC (1)    24    5,005 
C.H. ROBINSON WRLDWDE INC    327    24,898 
CARLISLE COMPANIES    10    3,919 
CARRIER GLOBAL CORP    60    3,488 
CATERPILLAR INC    63    23,085 
CHART INDUSTRIES INC (1)    10    1,647 
CINTAS CORP    15    10,305 
CLEAN HARBORS INC (1)    19    3,825 
CNH INDUSTRIAL N.V.    237    3,072 
COLUMBUS MCKINNON CORP NY    90    4,017 
COMFORT SYSTEMS USA INC    7    2,224 
COPART INC (1)    150    8,688 
CSX CORP    288    10,676 
CUMMINS INC    25    7,366 
CURTISS WRIGHT CORP    21    5,375 
DEERE & CO    29    11,911 
DELTA AIR LINES INC. (NEW)    124    5,936 
DOVER CORP    21    3,721 
EATON CORP PLC (IRELAND)    48    15,009 
EMERSON ELECTRIC CO    65    7,372 
ENNIS INC    222    4,553 
EQUIFAX INC    14    3,745 
FASTENAL CO    48    3,703 
FEDEX CORP    29    8,402 
FERGUSON PLC    18    3,932 
FRANKLIN ELECTR INC    48    5,127 
FTI CONSULTING INC (1)    8    1,682 
GE AEROSPACE TRADING    146    25,627 
GENERAC HOLDINGS INC (1)    335    42,257 
GENERAL DYNAMICS CORP    27    7,627 
GRAINGER W W INC    8    8,138 
GXO LOGISTICS INC (1)    70    3,763 
Heico Corp (1)    30    4,618 
HONEYWELL INTERNATIONAL INC    105    21,551 
HOWMET AEROSPACE INC    69    4,722 
HUBBELL INC    11    4,566 
HUNTINGTON INGALLS INDUSTRIES INC    240    69,953 
ILLINOIS TOOL WKS INC    44    11,807 
INGERSOLL RAND INC    75    7,121 
ITT CORP    37    5,033 
J.B. HUNT TRANSPORT SERVICES INC    20    3,985 
JACOBS SOLUTIONS INC    27    4,151 
JOHNSON CONTROLS INTERNATIONAL PLC    113    7,381 
KENNAMETAL INC    149    3,716 
KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC    53    2,916 

 

 

L3HARRIS TECHNOLOGIES INC    33    7,032 
LEIDOS HOLDINGS INC    612    80,227 
LENNOX INTERNATIONAL INC    8    3,910 
LOCKHEED MARTIN CORP    33    15,011 
LYFT INC (1)    61    1,180 
MASCO CORP    981    77,381 
MASTEC INC (FL) (1)    15    1,399 
MIDDLEBY CORP (1)    22    3,537 
NEXTRACKER INC (1)    24    1,350 
NORDSON CORP    178    48,868 
NORFOLK SOUTHERN CORP    37    9,430 
NORTHROP GRUMMAN CORP    22    10,531 
NORTHWEST PIPE COMPANY (1)    89    3,087 
NVENT ELECTRIC PLC    48    3,619 
OLD DOMINION FREIGHT LINE    34    7,457 
OTIS WORLDWIDE CORP    74    7,346 
OWENS CORNING INC    21    3,503 
PACCAR INC    76    9,416 
PARKER HANNIFIN CORP    20    11,116 
PAYCHEX INC    57    7,000 
PAYCOM SOFTWARE INC    176    35,026 
PAYLOCITY HOLDING CORPORATION (1)    11    1,890 
QUANTA SERVICES INC    25    6,495 
RB GLOBAL INC    33    2,514 
REGAL REXNORD CORP    14    2,521 
RESOURCES CONNECTION INC    234    3,079 
ROBERT HALF INC    311    24,656 
ROCKWELL AUTOMATION INC    19    5,535 
RTX CORPORATION    215    20,969 
SAIA INC (1)    5    2,925 
SIMPSON MFG CO INC (DEL)    16    3,283 
SITEONE LANDSCAPE SUPPLY INC (1)    14    2,444 
SNAP ON INC    187    55,393 
SOUTHWEST AIRLINES CO    112    3,269 
STANLEY BLACK & DECKER INC    572    56,016 
TETRA TECH INC    16    2,955 
TEXTRON INC    41    3,933 
TORO CO    25    2,291 
TRANE TECHNOLOGIES PLC    35    10,507 
TRANSDIGM GROUP INC    8    9,853 
TRANSUNION    36    2,873 
TREX COMPANY INC (1)    31    3,092 
UBER TECHNOLOGIES INC (1)    296    22,789 
UNION PACIFIC CORP    89    21,888 
UNITED AIRLINES HOLDINGS INC (1)    1,469    70,336 
UNITED PARCEL SERVICE INC    106    15,755 
UNITED RENTALS INC    11    7,932 
VERALTO CORPORATION    43    3,812 
VERISK ANALYTICS INC    28    6,600 
VERTIV HOLDINGS LLC    58    4,737 
WABTEC    33    4,807 
WASTE MANAGEMENT INC    60    12,789 
WATSCO INC    9    3,888 
WESCO INTERNATIONAL INC    12    2,055 
WillScot Mobile Mini Holdings Corp. (1)    47    2,186 
XPO INC (1)    20    2,441 
XYLEM INC    42    5,428 
            
          1,457,116 
            
Information Technology - 13.9%           
ACCENTURE PLC (IRELAND)    244    84,573 
ADOBE INC. (1)    161    81,241 
ADVANCED ENERGY INDS INC    202    20,600 
ADVANCED MICRO DEVICES INC (1)    541    97,645 
ANALOG DEVICES INC    217    42,920 
ANSYS INC (1)    53    18,399 
APPLE INC    5,049    865,803 

 

 

APPLIED MATERIALS INC    286    58,982 
ARISTA NETWORKS INC (1)    110    31,898 
ATLASSIAN CORPORATION PLC (1)    69    13,463 
AUTODESK INC (1)    127    33,073 
AVNET INC    604    29,946 
BIGCOMMERCE HOLDINGS, INC. (1)    1,383    9,529 
BROADCOM INC    148    196,161 
CADENCE DESIGNS SYS (1)    125    38,910 
CISCO SYSTEMS INC    1,463    73,018 
CLOUDFLARE INC (1)    105    10,167 
CROWDSTRIKE HOLDINGS, INC. (1)    87    27,891 
DATADOG, INC. (1)    135    16,686 
F5, INC. (1)    368    69,769 
FORTINET INC (1)    295    20,151 
GEN DIGITAL INC    1,570    35,168 
HUBSPOT INC (1)    24    15,037 
INTEL CORP    1,412    62,368 
INTL BUSINESS MACHINES    328    62,635 
INTUIT INC    116    75,400 
JUNIPER NETWORKS    1,117    41,396 
KLA Corporation    55    38,421 
LAM RESEARCH CORP    51    49,550 
LITTELFUSE INC    121    29,324 
MARVELL TECHNOLOGY INC.    364    25,800 
MICROCHIP TECH INC    350    31,399 
MICRON TECH INC    425    50,103 
MICROSOFT CORP    2,498    1,050,959 
MICROSTRATEGY INC (1)    5    8,523 
MONGODB INC (1)    39    13,987 
MONOLITHIC POWER SYS INC    25    16,936 
NVIDIA CORP    810    731,884 
OKTA INC. (A) (1)    88    9,207 
ON SEMICONDUCTOR CORP (1)    214    15,740 
ORACLE CORPORATION    576    72,351 
PALANTIR TECHNOLOGIES INC (1)    759    17,465 
PALO ALTO NETWORKS INC (1)    112    31,823 
QORVO INC (1)    454    52,133 
QUALCOMM INC    391    66,196 
ROPER TECHNOLOGIES INC    86    48,232 
SALESFORCE INC    326    98,185 
SERVICENOW INC (1)    80    60,992 
SNOWFLAKE INC (1)    132    21,331 
SUPER MICRO COMPUTER INC (1)    17    17,171 
SYNOPSYS INC (1)    71    40,577 
TD SYNNEX CORPORATION    315    35,627 
TEXAS INSTRUMENTS INC    330    57,489 
Trimble Inc. (1)    1,480    95,253 
VISHAY INTERTECHNOLOGY INC    1,213    27,511 
WORKDAY INC (1)    81    22,093 
ZEBRA TECH CORP (1)    221    66,618 
            
          5,035,709 
            
Materials - 1.1%           
AMCOR PLC    4,756    45,230 
CF INDUSTRIES HOLDINGS    882    73,391 
EASTMAN CHEMICAL COMPANY    802    80,376 
FMC CORP    1,107    70,516 
INTERNATIONAL PAPER CO    1,585    61,847 
WESTROCK COMPANY    1,763    87,180 
            
          418,540 
            
Real Estate Investment Trust - 1.2%           
BOSTON PROPERTIES INC    714    46,631 
CAMDEN PROPERTY TRUST    500    49,200 
FEDERAL REALTY INVESTMENT TRUST (MD)    445    45,443 
HEALTHPEAK PROPERTIES INC    9,906    185,738 

 

 

HOST HOTEL & RESORTS INC        2,525    52,217 
KIMCO REALTY CORP        1,613    31,631 
UDR INC        938    35,091 
                
              445,951 
                
Utilities - 0.9%               
AES CORPORATION        1,810    32,453 
ALLIANT ENERGY CORP        976    49,190 
EVERGY INC        785    41,903 
NISOURCE INC HLDG CO        1,769    48,931 
NRG ENERGY INC        1,562    105,732 
PINNACLE WEST CAP CORP        610    45,585 
                
              323,794 
                
Total Common Stocks (United States)   (Cost   $17,978,931)   19,022,883 
                
Preferred Stock (United States) - 0.0%               
                
Wells Fargo & Co. Preferred (1)(4)        1    0 
                
Total Preferred Stock (United States)   (Cost   $0)   0 
                
Warrants (United States) - 0.0%               
                
ABIOMED Inc - CVR (1)(4)        546    0 
                
Total Warrants (United States)   (Cost   $0)   0 
                
Registered Investment Companies - 4.6%               
                
U.S. Fixed Income - 4.4%               
                
Baird Core Plus Bond Fund - Class I        50,019    503,194 
BRANDYWINEGLOBAL HIGH YIELD CLASS I        12,808    130,384 
DODGE & COX INCOME FUND CLASS I        25,845    321,773 
FIDELITY ADVISOR HIGH INCOME ADVANTAGE FUND CLASS Z        12,071    130,362 
FIDELITY ADVISOR TOTAL BOND FUND CLASS Z        53,525    506,347 
                
              1,592,060 
                
International Fixed Income - 0.2%               
iShares JP Morgan USD Emerging Markets Bond ETF (5)        888    79,627 
                
              79,627 
                
Total Registered Investment Companies   (Cost   $1,668,420)   1,671,687 
                
Money Market Registered Investment Companies - 27.2%               
                
Meeder Institutional Prime Money Market Fund, 5.33% (2)        9,898,495    9,899,485 
                
Total Money Market Registered Investment Companies   (Cost   $9,899,484)   9,899,485 
                
Total Investments - 84.0%   (Cost   $29,546,835)   30,594,055 
                
Other Assets less Liabilities - 16.0%             5,832,479 
                
Total Net Assets - 100.0%             36,426,534 
                
Trustee Deferred Compensation (3)               
                
Meeder Balanced Fund - Retail Class        1,266    17,192 
Meeder Dynamic Allocation Fund - Retail Class        3,374    49,868 
Meeder Muirfield Fund - Retail Class        1,815    18,259 
Meeder Conservative Allocation Fund - Retail Class        367    8,346 
                
Total Trustee Deferred Compensation   (Cost   $73,095)   93,665 

 

 

Futures Contracts               

 

  

Long (Short)

Contracts

   Expiration Date 

Notional Value

of Contracts ($)

  

Value and

Unrealized

Appreciation

(Depreciation)($)

 
Index Futures                  
E-mini Standard & Poors MidCap 400 Futures   8   6/21/2024   2,461,920    805 
Mini MSCI EAFE Index Futures   57   6/21/2024   6,717,735    2,854 
Mini MSCI Emerging Markets Index Futures   27   6/21/2024   1,416,150    4,373 
Standard & Poors 500 Mini Futures   18   6/21/2024   4,777,650    46,916 
                   
Total Futures Contracts   110       15,373,455    54,949 

 

(@)Statement on Financial Accounting Standard No. 157 "Fair Value Measurements" - Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels listed below.

•Level 1 - quoted prices in active markets for identical securities

•Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

•Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

 

The following is a summary of the inputs used as of March 31, 2024 in valuing the Fund's assets carried at fair value:

 

Valuation Inputs 

Investments in

Securities

  

Other Financial

Instruments (6)

 
Level 1 - Quoted Prices  $30,594,055   $54,949 
Level 2 - Other Significant Observable Inputs   -    - 
Level 3 - Significant Unobservable Inputs   -    - 
Total  $30,594,055   $54,949 

 

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active market, such securities are reflected as Level 2.

 

(1)Represents non-income producing securities.
(2)Investment in affiliate. The yield shown represents the 7-day yield in effect at March 31, 2024.
(3)Assets of affiliates to the Quantex Fund held for the benefit of the Fund's Trustees in connection with the Trustee Deferred Compensation Plan.
(4)Fair valued security deemed a Level 3 security. Security is not part of the investment strategy of the Fund.
(5)Exchange-traded fund.
(6)Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures contracts, which are valued at the unrealized appreciation/depreciation on the instrument.