Adaptive Growth Opportunities Fund Class A Shares

Portfolio Holdings as of 12/31/2020

Ticker Cusip Description Shares Market Value % of Portfolio
FIGXX 316175108 Fidelity Investments Money Market Funds 9,715,367.420 $9,715,367.42 9.23%
IBUY 032108102 AMPLIFY ONLINE RETAIL ETF 56,405.000 $6,448,219.60 6.12%
XLK 81369Y803 Technology Select Se ctor SPDR Fund 44,470.000 $5,781,989.40 5.49%
EFA 464287465 ISHARE MSCI EAFE ETF 77,955.000 $5,687,596.80 5.40%
SKYY 33734X192 FIRST TRUST CLOUD COMPUTING ETF 58,438.000 $5,553,363.14 5.27%
SMH 92189F676 VanEck Vectors Semic onductor ETF 24,024.000 $5,247,322.08 4.98%
IPAY 26924G409 ETFMG PRIME MOBILE PAYMENTS 77,519.000 $5,156,563.88 4.90%
IGV 464287515 ISHARES EXPANDED TECH SOFTWARE 13,227.000 $4,683,680.70 4.45%
RYT 46137V282 Invesco S&P 500 EQUAL WEIGHT 18,441.000 $4,675,715.55 4.44%
SOXX 464287523 iShares PHLX Semicon ductor ETF 12,123.000 $4,596,799.14 4.37%
LIT 37954Y855 Global X Lithium & Battery Tech ETF 68,764.000 $4,255,803.96 4.04%
OGIG 67110P704 O'SHARES GLOBAL INTERNET ETF 76,204.000 $4,136,353.12 3.93%
PTH 46137V852 Invesco DWA Healthca re Momentum ETF 25,508.000 $4,082,810.48 3.88%
XHB 78464A888 SPDR S&P Homebuilder s ETF 70,400.000 $4,057,856.00 3.85%
PSP 46137V589 Invesco Global Listed Private Equit 254,074.000 $3,424,917.52 3.25%
XBI 78464A870 SPDR S&P Biotech ETF 22,308.000 $3,140,520.24 2.98%
XLF 81369Y605 Financial Select Sec tor SPDR Fund 93,639.000 $2,760,477.72 2.62%
WOOD 464288174 iShares Global Timber & Forestry ET 33,221.000 $2,644,391.60 2.51%
IAI 464288794 iShares U.S. Broker- Dealers & Securities 32,271.000 $2,566,835.34 2.44%
XHS 78464A573 SPDR S&P HEALTH CARE ETF 25,897.000 $2,506,019.02 2.38%
KCE 78464A771 SPDR S&P CAPITAL MARKETS ETF 32,011.000 $2,410,610.76 2.29%
IHI 464288810 iShares U.S. Medical Devices ETF 7,365.000 $2,410,564.50 2.29%
EWY 464286772 ISHARES MSCI S KOREA ETF 27,483.000 $2,364,912.15 2.25%
EWH 464286871 iShares MSCI Hong Ko ng ETF 95,307.000 $2,348,364.48 2.23%
EWA 464286103 iShares MSCI Austral ia ETF 98,028.000 $2,347,770.60 2.23%
KRE 78464A698 SPDR S&P Regional Ba nking ETF 43,407.000 $2,254,993.65 2.14%
XLY 81369Y407 Consumer Discretiona ry Select Sector SPD 150.000 $24,117.00 0.02%
XLC 81369Y852 Communication Servic es Select Sector SPD 286.000 $19,299.28 0.02%
SPY 78462F103 SPDR S&P 500 ETF Tru st 0.000 $0.00 0.00%

Totals 11,104,292.420 $105,303,235.14