Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Large Cap Equity Fund

 

Shares/Units						Security		Value
COMMON STOCKS - 93.0%
BASIC MATERIALS - 1.4%
Chemicals - 0.5%
	3,527					Air Products & Chemicals Inc.		$	920,723
	96,656					Celanese Corp., Class A Shares			4,025,722
	4,016					Ecolab Inc.			1,105,043
	26,699					Linde PLC			10,955,134
	3,728					Sherwin-Williams Co.			1,281,276
	2,573					Solstice Advanced Materials Inc.*			122,681
						Total Chemicals			18,410,579
Mining - 0.9%
	123,354					Alcoa Corp.			5,148,796
	292,130					Freeport-McMoRan Inc.			12,555,747
	156,491					Newmont Corp.			14,198,429
	1,294					Southern Copper Corp.			174,405
						Total Mining			32,077,377
						TOTAL BASIC MATERIALS			50,487,956
COMMUNICATIONS - 13.3%
Advertising - 0.3%
	168,281					Omnicom Group Inc.			12,052,285
Internet - 11.2%
	18,408					Airbnb Inc., Class A Shares*			2,153,552
	397,615					Alphabet Inc., Class A Shares			127,308,371
	75,727					Alphabet Inc., Class C Shares			24,241,727
	495,612					Amazon.com Inc.*			115,586,631
	8,355					AppLovin Corp., Class A Shares*			5,008,656
	560					Booking Holdings Inc.			2,752,227
	23,611					DoorDash Inc., Class A Shares*			4,683,714
	36,171					eBay Inc.			2,994,597
	46,207					Maplebear Inc.*			1,941,156
	127,815					Meta Platforms Inc., Class A Shares			82,817,729
	117,580					Netflix Inc.*			12,649,256
	31,493					Palo Alto Networks Inc.*			5,987,764
	7,855					Reddit Inc., Class A Shares*			1,700,372
	8,538					Spotify Technology SA*			5,113,152
	28,869					TripAdvisor Inc.*			429,282
	132,622					Uber Technologies Inc.*			11,609,730
	4,303					Wayfair Inc., Class A Shares*			476,772
						Total Internet			407,454,688
Media - 0.3%
	59,193					Comcast Corp., Class A Shares			1,579,861
	95,682					Walt Disney Co.			9,995,899
						Total Media			11,575,760
Telecommunications - 1.5%
	39,816					Arista Networks Inc.*			5,203,155
	348,907					AT&T Inc.			9,078,560
	426,378					Cisco Systems Inc.			32,805,523
	2,732					Motorola Solutions Inc.			1,009,966
	7,226					T-Mobile US Inc.			1,510,306

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Large Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
COMMUNICATIONS - (continued)
Telecommunications - (continued)
	67,572					Verizon Communications Inc.		$	2,777,885
						Total Telecommunications			52,385,395
						TOTAL COMMUNICATIONS			483,468,128
CONSUMER CYCLICAL - 9.7%
Airlines - 0.9%
	498,118					Delta Air Lines Inc.			31,929,364
Apparel - 0.4%
	15,561					Deckers Outdoor Corp.*			1,369,835
	84,895					LVMH Moet Hennessy Louis Vuitton SE, ADR(a)			12,586,533
	18,527					NIKE Inc., Class B Shares			1,197,400
						Total Apparel			15,153,768
Auto Manufacturers - 1.2%
	11,443					Cummins Inc.			5,698,385
	15,487					General Motors Co.			1,138,604
	8,200					PACCAR Inc.			864,444
	80,343					Tesla Inc.*			34,561,149
						Total Auto Manufacturers			42,262,582
Distribution/Wholesale - 0.2%
	207,128					Copart Inc.*			8,073,850
Entertainment - 0.5%
	2,315					Live Nation Entertainment Inc.*			304,307
	1,459,006					Universal Music Group NV, ADR(a)			18,631,506
						Total Entertainment			18,935,813
Home Builders - 0.4%
	102,524					Lennar Corp., Class A Shares			13,461,401
Home Furnishings - 0.2%
	116,029					Dolby Laboratories Inc., Class A Shares			7,826,156
Leisure Time - 0.4%
	20,443					Royal Caribbean Cruises Ltd.			5,442,949
	140,756					Viking Holdings Ltd.*			9,399,685
						Total Leisure Time			14,842,634
Lodging - 0.2%
	116,985					Las Vegas Sands Corp.			7,973,697
	3,592					Marriott International Inc., Class A Shares			1,094,806
						Total Lodging			9,068,503
Retail - 5.3%
	583					AutoZone Inc.*			2,305,374
	405,894					BJ's Wholesale Club Holdings Inc.*			36,217,922
	17,618					Casey's General Stores Inc.			10,050,364
	45,375					Cava Group Inc.*			2,218,384
	139,546					Chipotle Mexican Grill Inc., Class A Shares*			4,817,128
	29,150					Costco Wholesale Corp.			26,631,149
	749					Domino's Pizza Inc.			314,303
	23,672					Ferguson Enterprises Inc.			5,957,532
	43,734					Five Below Inc.*			7,211,299
	15,971					Home Depot Inc.			5,700,369
	67,180					Lithia Motors Inc., Class A Shares			21,419,671
	42,620					Lowe's Cos., Inc.			10,334,498

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Large Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
CONSUMER CYCLICAL - (continued)
Retail - (continued)
	11,466					McDonald's Corp.		$	3,575,328
	147,407					O'Reilly Automotive Inc.*			14,991,292
	177,427					Restaurant Brands International Inc.			12,843,941
	143,819					Starbucks Corp.			12,528,073
	7,273					Target Corp.			659,079
	24,157					TJX Cos., Inc.			3,669,931
	4,523					Ulta Beauty Inc.*			2,437,128
	69,835					Walmart Inc.			7,717,466
						Total Retail			191,600,231
						TOTAL CONSUMER CYCLICAL			353,154,302
CONSUMER NON-CYCLICAL - 12.7%
Agriculture - 0.2%
	27,000					Altria Group Inc.			1,593,270
	24,885					Philip Morris International Inc.			3,918,890
						Total Agriculture			5,512,160
Beverages - 0.6%
	62,187					Coca-Cola Co.			4,547,114
	20,700					Keurig Dr Pepper Inc.			577,530
	176,890					Monster Beverage Corp.*			13,264,981
	21,891					PepsiCo Inc.			3,256,067
						Total Beverages			21,645,692
Biotechnology - 1.0%
	2,011					Alnylam Pharmaceuticals Inc.*			907,423
	19,560					Amgen Inc.			6,757,198
	80,996					Gilead Sciences Inc.			10,192,537
	19,428					Illumina Inc.*			2,553,811
	32,169					Incyte Corp.*			3,360,374
	9,091					Regeneron Pharmaceuticals Inc.			7,092,707
	14,327					Sarepta Therapeutics Inc.*			305,738
	7,746					Vertex Pharmaceuticals Inc.*			3,358,743
						Total Biotechnology			34,528,531
Commercial Services - 0.6%
	6,536					Automatic Data Processing Inc.			1,668,641
	5,500					Cintas Corp.			1,023,110
	2,554					Moody's Corp.			1,253,452
	15,589					PayPal Holdings Inc.			977,274
	4,912					S&P Global Inc.			2,450,253
	154,301					StoneCo Ltd., Class A Shares*			2,599,972
	115,404					TransUnion			9,815,110
	14,216					Verisk Analytics Inc., Class A Shares			3,199,595
						Total Commercial Services			22,987,407
Cosmetics/Personal Care - 0.4%
	12,820					Colgate-Palmolive Co.			1,030,600
	88,815					Estee Lauder Cos., Inc., Class A Shares			8,354,827
	37,585					Procter & Gamble Co.			5,568,593
						Total Cosmetics/Personal Care			14,954,020
Food - 0.6%
	20,733					Flowers Foods Inc.			222,465

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Large Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
CONSUMER NON-CYCLICAL - (continued)
Food - (continued)
	287,400					Kroger Co.		$	19,336,272
	20,669					Mondelez International Inc., Class A Shares			1,189,914
						Total Food			20,748,651
Healthcare-Products - 3.4%
	27,675					Abbott Laboratories			3,567,308
	89,218					Agilent Technologies Inc.			13,694,963
	69,375					Alcon AG			5,502,131
	23,620					Boston Scientific Corp.*			2,399,320
	36,576					Danaher Corp.			8,294,705
	76,722					Edwards Lifesciences Corp.*			6,649,496
	251,473					GE HealthCare Technologies Inc.			20,115,325
	18,990					IDEXX Laboratories Inc.*			14,297,191
	5,703					Intuitive Surgical Inc.*			3,270,556
	242,070					Medtronic PLC			25,497,233
	5,570					Stryker Corp.			2,067,473
	28,836					Thermo Fisher Scientific Inc.			17,037,174
						Total Healthcare-Products			122,392,875
Healthcare-Services - 2.1%
	4,288					Cigna Group			1,188,977
	27,310					Elevance Health Inc.			9,237,880
	2,806					HCA Healthcare Inc.			1,426,262
	36,764					Humana Inc.			9,035,488
	96,115					Labcorp Holdings Inc.			25,833,790
	91,417					UnitedHealth Group Inc.			30,146,584
						Total Healthcare-Services			76,868,981
Household Products/Wares - 0.0%
	5,273					Kimberly-Clark Corp.			575,390
Pharmaceuticals - 3.8%
	84,436					AbbVie Inc.			19,226,077
	113,641					Becton Dickinson & Co.			22,048,627
	156,332					Bristol-Myers Squibb Co.			7,691,534
	16,470					Cardinal Health Inc.			3,495,922
	16,857					Cencora Inc.			6,219,053
	20,000					CVS Health Corp.			1,607,200
	16,526					DexCom Inc.*			1,048,905
	18,165					Eli Lilly & Co.			19,535,913
	22,604					Jazz Pharmaceuticals PLC*			3,990,284
	179,812					Johnson & Johnson			37,206,699
	2,003					McKesson Corp.			1,764,883
	40,277					Merck & Co., Inc.			4,222,238
	392,283					Pfizer Inc.			10,097,365
	7,115					Zoetis Inc., Class A Shares			912,001
						Total Pharmaceuticals			139,066,701
						TOTAL CONSUMER NON-CYCLICAL			459,280,408
ENERGY - 2.6%
Energy-Alternate Sources - 0.0%
	6,688					Enphase Energy Inc.*			192,949

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Large Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
ENERGY - (continued)
Oil & Gas - 2.6%
	30,858					Chevron Corp.		$	4,663,570
	20,226					ConocoPhillips			1,793,844
	58,749					Diamondback Energy Inc.			8,964,510
	8,804					EOG Resources Inc.			949,511
	145,953					EQT Corp.			8,882,700
	252,223					Exxon Mobil Corp.			29,237,690
	78,453					Marathon Petroleum Corp.			15,198,700
	535,474					Permian Resources Corp., Class A Shares			7,759,018
	110,193					Phillips 66			15,092,033
	16,178					Weatherford International PLC			1,210,114
						Total Oil & Gas			93,751,690
Oil & Gas Services - 0.0%
	24,000					SLB Ltd.			869,760
Pipelines - 0.0%
	19,500					Williams Cos., Inc.			1,188,135
						TOTAL ENERGY			96,002,534
FINANCIAL - 15.1%
Banks - 4.6%
	501,503					Bank of America Corp.			26,905,636
	18,777					Bank of New York Mellon Corp.			2,104,902
	184,677					Citigroup Inc.			19,132,537
	12,747					First Citizens BancShares Inc., Class A Shares			23,937,464
	536,540					First Horizon Corp.			11,986,304
	21,170					Goldman Sachs Group Inc.			17,487,267
	128,770					JPMorgan Chase & Co.			40,315,312
	98,496					Morgan Stanley			16,710,831
	54,800					NU Holdings Ltd., Class A Shares*			952,972
	6,338					PNC Financial Services Group Inc.			1,208,783
	20,973					Truist Financial Corp.			975,244
	24,963					US Bancorp			1,224,435
	52,130					Wells Fargo & Co.			4,475,360
						Total Banks			167,417,047
Diversified Financial Services - 3.4%
	8,762					American Express Co.			3,200,496
	6,600					Apollo Global Management Inc.			870,210
	100,866					Ares Management Corp., Class A Shares			15,820,832
	2,437					Blackrock Inc.			2,552,270
	189,496					Blue Owl Capital Inc., Class A Shares			2,842,440
	6,100					Brookfield Asset Management Ltd., Class A Shares			321,714
	47,849					Capital One Financial Corp.			10,482,280
	95,365					Charles Schwab Corp.			8,843,197
	36,603					CME Group Inc., Class A Shares			10,302,280
	6,800					Interactive Brokers Group Inc., Class A Shares			442,136
	9,095					Intercontinental Exchange Inc.			1,430,644
	70,374					Mastercard Inc., Class A Shares			38,742,998
	53,205					Visa Inc., Class A Shares			17,793,880
	127,698					Voya Financial Inc.			8,977,169

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Large Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
FINANCIAL - (continued)
Diversified Financial Services - (continued)
	111,129					Western Union Co.		$	976,824
						Total Diversified Financial Services			123,599,370
Equity Real Estate Investment Trusts (REITs) - 0.2%
	7,511					American Tower Corp.			1,361,519
	1,558					Equinix Inc.			1,173,657
	14,863					Prologis Inc.			1,910,342
	2,558					Public Storage			702,273
	10,800					Welltower Inc.			2,248,776
						Total Equity Real Estate Investment Trusts (REITs)			7,396,567
Insurance - 5.5%
	7,800					Aflac Inc.			860,418
	121,063					American International Group Inc.			9,220,158
	51,406					Aon PLC, Class A Shares			18,193,612
	3,570					Arch Capital Group Ltd.*			335,295
	4,100					Arthur J Gallagher & Co.			1,015,242
	104,775					Assurant Inc.			23,905,464
	197,714					Berkshire Hathaway Inc., Class B Shares*			101,587,430
	5,941					Chubb Ltd.			1,759,605
	9,271					Fairfax Financial Holdings Ltd.(a)			15,945,564
	7,927					Marsh & McLennan Cos., Inc.			1,454,208
	9,029					MetLife Inc.			691,260
	9,406					Progressive Corp.			2,151,999
	3,593					Travelers Cos., Inc.			1,052,246
	62,485					Willis Towers Watson PLC			20,057,685
						Total Insurance			198,230,186
Private Equity - 1.4%
	11,700					Blackstone Inc.			1,713,114
	495,472					Brookfield Corp.			23,287,184
	197,759					Carlyle Group Inc.			10,783,798
	117,464					KKR & Co., Inc.			14,367,022
						Total Private Equity			50,151,118
						TOTAL FINANCIAL			546,794,288
INDUSTRIAL - 10.0%
Aerospace/Defense - 1.3%
	11,587					Boeing Co.*			2,189,943
	4,088					General Dynamics Corp.			1,396,583
	16,830					General Electric Co.			5,022,913
	21,277					Howmet Aerospace Inc.			4,353,061
	60,953					L3Harris Technologies Inc.			16,986,992
	3,317					Lockheed Martin Corp.			1,518,722
	16,522					Northrop Grumman Corp.			9,454,715
	21,434					RTX Corp.			3,749,021
	886					TransDigm Group Inc.			1,205,111
						Total Aerospace/Defense			45,877,061
Building Materials - 3.7%
	575,425					Amrize Ltd.*			29,640,142
	92,353					Carlisle Cos., Inc.			29,374,719
	12,900					Carrier Global Corp.			707,952

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Large Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
INDUSTRIAL - (continued)
Building Materials - (continued)
	525,897					CRH PLC		$	63,086,604
	10,535					Johnson Controls International PLC			1,225,326
	11,927					Martin Marietta Materials Inc.			7,433,383
	9,287					Trane Technologies PLC			3,914,285
						Total Building Materials			135,382,411
Electrical Components & Equipment - 0.3%
	5,238					Acuity Inc.			1,919,308
	6,300					Eaton Corp. PLC			2,179,107
	58,137					Emerson Electric Co.			7,754,313
						Total Electrical Components & Equipment			11,852,728
Electronics - 0.9%
	22,026					Amphenol Corp., Class A Shares			3,103,463
	53,427					Honeywell International Inc.			10,268,135
	22,962					Hubbell Inc., Class B Shares			9,906,496
	34,242					TE Connectivity PLC			7,743,828
						Total Electronics			31,021,922
Environmental Control - 0.4%
	3,200					Republic Services Inc., Class A Shares			694,592
	128,968					Veralto Corp.			13,054,141
	5,921					Waste Management Inc.			1,290,008
						Total Environmental Control			15,038,741
Machinery-Construction & Mining - 0.9%
	24,188					Caterpillar Inc.			13,926,483
	30,258					GE Vernova Inc.			18,147,841
						Total Machinery-Construction & Mining			32,074,324
Machinery-Diversified - 0.8%
	56,435					Deere & Co.			26,213,493
	21,238					Dover Corp.			3,934,977
						Total Machinery-Diversified			30,148,470
Miscellaneous Manufacturers - 0.1%
	8,600					3M Co.			1,479,630
	4,734					Illinois Tool Works Inc.			1,180,091
	2,060					Parker-Hannifin Corp.			1,775,102
						Total Miscellaneous Manufacturers			4,434,823
Transportation - 1.6%
	398,753					CSX Corp.			14,099,906
	20,802					FedEx Corp.			5,734,695
	3,569					Norfolk Southern Corp.			1,042,469
	149,809					Union Pacific Corp.			34,730,221
	11,779					United Parcel Service Inc., Class B Shares			1,128,311
						Total Transportation			56,735,602
						TOTAL INDUSTRIAL			362,566,082
TECHNOLOGY - 27.8%
Computers - 6.9%
	10,014					Accenture PLC, Class A Shares			2,503,500
	712,025					Apple Inc.			198,548,171
	24,324					CACI International Inc., Class A Shares*			15,010,340
	21,000					Check Point Software Technologies Ltd.*			3,922,170

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Large Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
TECHNOLOGY - (continued)
Computers - (continued)
	3,900					Crowdstrike Holdings Inc., Class A Shares*		$	1,985,724
	22,896					Dell Technologies Inc., Class C Shares			3,053,182
	9,034					EPAM Systems Inc.*			1,689,358
	10,177					Fortinet Inc.*			825,660
	42,039					International Business Machines Corp.			12,972,395
	16,925					NetApp Inc.			1,888,153
	36,228					Pure Storage Inc., Class A Shares*			3,222,843
	4,189					Rubrik Inc., Class A Shares*			290,381
	20,026					Zscaler Inc.*			5,036,539
						Total Computers			250,948,416
Semiconductors - 11.0%
	78,352					Advanced Micro Devices Inc.*			17,043,910
	7,914					Analog Devices Inc.			2,099,901
	83,312					Applied Materials Inc.			21,015,452
	283,335					Broadcom Inc.			114,172,672
	163,963					Intel Corp.*			6,650,339
	3,369					KLA Corp.			3,960,158
	20,410					Lam Research Corp.			3,183,960
	13,800					Marvell Technology Inc.			1,233,720
	17,827					Micron Technology Inc.			4,215,729
	1,212,111					NVIDIA Corp.			214,543,647
	18,746					QUALCOMM Inc.			3,151,015
	30,901					Teradyne Inc.			5,620,583
	14,540					Texas Instruments Inc.			2,446,646
						Total Semiconductors			399,337,732
Software - 9.9%
	52,764					Adobe Inc.*			16,891,339
	2,600					Atlassian Corp., Class A Shares*			388,752
	6,335					Autodesk Inc.*			1,921,659
	4,410					Cadence Design Systems Inc.*			1,375,214
	2,851					Datadog Inc., Class A Shares*			456,189
	146,633					Fiserv Inc.*			9,013,531
	479					HubSpot Inc.*			175,946
	23,340					Intuit Inc.			14,799,427
	835					Magic Leap Inc., Series D, Private Placement*@(a)(b)			3,131
	417,755					Microsoft Corp.			205,539,638
	1,714					MSCI Inc., Class A Shares			966,216
	139,546					Nutanix Inc., Class A Shares*			6,670,299
	68,690					Oracle Corp.			13,871,945
	103,123					Palantir Technologies Inc., Class A Shares*			17,371,069
	21,207					Paycom Software Inc.			3,417,932
	30,233					ROBLOX Corp., Class A Shares*			2,873,042
	1,717					Roper Technologies Inc.			766,160
	28,561					Salesforce Inc.			6,584,453
	21,211					ServiceNow Inc.*			17,232,029
	57,463					Snowflake Inc., Class A Shares*			14,437,004
	4,200					Strategy Inc., Class A Shares*			744,156
	2,967					Synopsys Inc.*			1,240,236
	20,688					Tyler Technologies Inc.*			9,715,499

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Large Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
TECHNOLOGY - (continued)
Software - (continued)
	35,546					Veeva Systems Inc., Class A Shares*		$	8,541,348
	3,400					Workday Inc., Class A Shares*			733,108
	67,314					ZoomInfo Technologies Inc., Class A Shares*			667,755
						Total Software			356,397,077
						TOTAL TECHNOLOGY			1,006,683,225
UTILITIES - 0.4%
Electric - 0.4%
	8,565					American Electric Power Co., Inc.			1,060,090
	16,492					Constellation Energy Corp.			6,009,025
	13,605					Dominion Energy Inc.			853,986
	12,442					Duke Energy Corp.			1,542,062
	32,946					NextEra Energy Inc.			2,842,910
	10,406					Sempra			985,656
	17,577					Southern Co.			1,601,616
	1,026					Vistra Corp.			183,511
						Total Electric			15,078,856
						TOTAL UTILITIES			15,078,856
						TOTAL COMMON STOCKS
						(Cost - $2,509,564,499)			3,373,515,779
EXCHANGE TRADED FUNDS (ETFs) - 5.7%
	122,929					iShares S&P 500 Value			26,112,578
	342,908					Vanguard Mega Capital Growth			142,070,213
	199,649					Vanguard Value			38,029,142
						TOTAL EXCHANGE TRADED FUNDS (ETFs)
						(Cost - $178,634,033)			206,211,933
PREFERRED STOCKS - 0.0%
INDUSTRIAL - 0.0%
Machinery - 0.0%
	108,389					Nuro Inc., Series C, Private Placement*@(a)(b)			593,972
	26,242					Nuro Inc., Series D*@(a)(b)			177,396
						Total Machinery			771,368
						TOTAL INDUSTRIAL			771,368
						TOTAL PREFERRED STOCKS
						(Cost - $1,962,008)			771,368
						TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS
						(Cost - $2,690,160,540)			3,580,499,080

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Large Cap Equity Fund (continued)

 

Face Amount†						Security		Value
SHORT-TERM INVESTMENTS - 1.3%
TIME DEPOSITS - 1.3%
	7,010					ANZ National Bank - London, 3.220% due 12/1/25		$	7,010
	2,423	CHF				BNP Paribas SA - Paris, (0.300)% due 12/1/25			3,015
						Citibank - London:
	95,217	EUR				0.880% due 12/1/25			110,418
	4	GBP				2.910% due 12/1/25			6
	30,989,821					Citibank - New York, 3.220% due 12/1/25			30,989,821
	7,111,465					JPMorgan Chase & Co. - New York, 3.220% due 12/1/25			7,111,465
	1,313					Royal Bank of Canada - Toronto, 3.220% due 12/1/25			1,313
	4,139,827					Skandinaviska Enskilda Banken AB - Stockholm, 3.220% due 12/1/25			4,139,827
	3,477,208					Sumitomo Mitsui Banking Corp. - Tokyo, 3.220% due 12/1/25			3,477,208
						TOTAL TIME DEPOSITS
						(Cost - $45,840,083)			45,840,083
						TOTAL INVESTMENTS - 100.0%
						(Cost - $2,736,000,623)			3,626,339,163
						Liabilities in Excess of Other Assets - 0.0%			(808,790	)
						TOTAL NET ASSETS - 100.0%		$	3,625,530,373

 

†	Face amount denominated in U.S. dollars, unless otherwise noted.
*	Non-income producing security.
(a)	Illiquid security. The aggregate value of illiquid holdings at November 30, 2025, amounts to $47,938,102 and represents 1.32% of net assets.
(b)	Security is valued in good faith at fair value by or under the direction of the Board of Trustees using significant unobservable inputs.
@	Restricted security – Investment in security not registered under the Securities Act of 1933. The investment is deemed to not be liquid and may be sold only to qualified buyers.

 

Security		First Acquisition Date		First Acquisition Cost				Market Value				Percent of Net Assets
Magic Leap Inc., Series D, Private Placement		10/12/2017		$	406,053			$	3,131				0.00	%*
Nuro Inc., Series C, Private Placement		10/30/2020			940,662				593,972				0.02	%
Nuro Inc., Series D		10/29/2021			547,033				177,396				0.00	%*
								$	774,499				0.02	%

 

* Position represents less than 0.005%.

 

Abbreviations used in this schedule:
ADR	—	American Depositary Receipts
PLC	—	Public Limited Company

 

 

Schedules of Investments

November 30, 2025 (unaudited)

Destinations Large Cap Equity Fund (concluded)

 

Summary of Investments by Security Sector^
Technology			27.8	%
Financial			15.1
Communications			13.3
Consumer Non-cyclical			12.7
Industrial			10.0
Consumer Cyclical			9.7
Energy			2.6
Basic Materials			1.4
Utilities			0.4
Exchange Traded Funds (ETFs)			5.7
Short-Term Investments			1.3
			100.0	%

 

^ As a percentage of total investments.

 

At November 30, 2025, Destinations Large Cap Equity Fund had open exchange traded futures contracts as described below.

 

The unrealized appreciation on the open contracts was as follows:

 

Open Futures Contracts		Number of Contracts				Expiration Date (Month/Year)		Notional Amounts				Market Value				Unrealized Appreciation
Contracts to Buy:
S&P 500 E-mini Index December Futures			12			12/25		$	4,013,290			$	4,115,700			$	102,410

 

At November 30, 2025, Destinations Large Cap Equity Fund had deposited cash of $212,006 with a broker or brokers as margin collateral on open exchange traded futures contracts.

 

Currency Abbreviations used in this schedule:
CHF	—	Swiss Franc
EUR	—	Euro
GBP	—	British Pound

 

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund

 

Shares/Units						Security		Value
COMMON STOCKS - 95.2%
BASIC MATERIALS - 4.6%
Chemicals - 1.2%
	641					AdvanSix Inc.		$	9,865
	647					Albemarle Corp.			84,104
	1,025					American Vanguard Corp.*			4,776
	292					Ashland Inc.			15,447
	53,300					Axalta Coating Systems Ltd.*			1,605,929
	822					Balchem Corp.			128,405
	23,432					Cabot Corp.			1,466,140
	1,677					Calumet Inc.*			32,366
	561					Celanese Corp., Class A Shares			23,366
	851					CF Industries Holdings Inc.			66,974
	3,583					Chemours Co.			45,827
	1,788					Codexis Inc.*			3,093
	3,650					Dow Inc.			87,052
	2,220					DuPont de Nemours Inc.			88,289
	643					Eastman Chemical Co.			39,917
	2,936					Ecovyst Inc.*			27,011
	1,332					Element Solutions Inc.			34,525
	619					FMC Corp.			8,846
	469					Hawkins Inc.			60,979
	1,318					HB Fuller Co.			76,813
	946					Huntsman Corp.			9,857
	19,974					Ingevity Corp.*			1,043,242
	8,624					Innospec Inc.			644,730
	1,321					International Flavors & Fragrances Inc.			91,783
	325					Intrepid Potash Inc.*			8,223
	477					Koppers Holdings Inc.			14,153
	907					Kronos Worldwide Inc.			4,598
	1,317					LyondellBasell Industries NV, Class A Shares			64,520
	1,369					Mativ Holdings Inc.			17,099
	768					Minerals Technologies Inc.			45,043
	1,614					Mosaic Co.			39,527
	29					NewMarket Corp.			22,142
	225					Oil-Dri Corp. of America			12,247
	691					Olin Corp.			14,580
	1,426					Orion SA			7,244
	30,418					Perimeter Solutions Inc.*			848,054
	1,215					PPG Industries Inc.			121,549
	1,110					Qnity Electronics Inc.			90,010
	369					Quaker Chemical Corp.			50,867
	1,554					Rayonier Advanced Materials Inc.*			10,148
	16,279					Rogers Corp.*			1,364,343
	653					RPM International Inc.			70,034
	1,051					Sensient Technologies Corp.			102,462
	559					Stepan Co.			25,339
	1,243					Trinseo PLC			1,211
	3,099					Tronox Holdings PLC			12,830
	103					Valhi Inc.			1,306
	197					Westlake Corp.			13,162
						Total Chemicals			8,660,027

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
BASIC MATERIALS - (continued)
Forest Products & Paper - 0.0%
	2,794					International Paper Co.		$	110,307
	1,008					Magnera Corp.*			14,273
	817					Sylvamo Corp.			38,702
						Total Forest Products & Paper			163,282
Iron/Steel - 0.8%
	16,064					Carpenter Technology Corp.			5,117,026
	3,024					Cleveland-Cliffs Inc.*			39,433
	2,831					Commercial Metals Co.			180,561
	240					Friedman Industries Inc.			4,870
	1,218					Nucor Corp.			194,259
	272					Reliance Inc.			75,975
	757					Steel Dynamics Inc.			127,047
						Total Iron/Steel			5,739,171
Mining - 2.6%
	1,308					Alcoa Corp.			54,596
	65,712					Almonty Industries Inc.*			450,784
	2,694					American Battery Technology Co.*			10,076
	2,687					Anglogold Ashanti PLC			230,222
	361					Caledonia Mining Corp. PLC			11,122
	54,144					Cameco Corp.*			4,792,285
	4,249					Centrus Energy Corp., Class A Shares*			1,101,766
	1,348					Century Aluminum Co.*			40,400
	80,923					Coeur Mining Inc.*			1,397,540
	1,024					Compass Minerals International Inc.*			19,446
	3,390					Constellium SE, Class A Shares*			56,986
	353					Contango ORE Inc.*			8,550
	784					Critical Metals Corp.*			6,452
	2,447					Dakota Gold Corp.*			11,427
	4,551					Encore Energy Corp.*			12,424
	45,859					Energy Fuels Inc.*			660,370
	3,607					Ferroglobe PLC			15,979
	14,595					Hecla Mining Co.			245,488
	143,623					IAMGOLD Corp.*			2,231,901
	442					Idaho Strategic Resources Inc.*			17,543
	67,192					Ivanhoe Electric Inc.*			961,517
	413					Kaiser Aluminum Corp.			39,669
	1,514					Lifezone Metals Ltd.*			5,920
	14,011					MP Materials Corp.*			867,981
	250,210					NexGen Energy Ltd.*			2,241,882
	1,805					NioCorp Developments Ltd.*			11,299
	7,369					Novagold Resources Inc.*			75,090
	31,413					Perpetua Resources Corp.*			808,571
	442					Royal Gold Inc.			90,097
	5,121					SSR Mining Inc.*			119,217
	43,023					United States Antimony Corp.*			262,870
	272					United States Lime & Minerals Inc.			33,067
	93,573					Uranium Energy Corp.*			1,148,141
	372					US Gold Corp.*			6,421

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
BASIC MATERIALS - (continued)
Mining - (continued)
	1,378					Vox Royalty Corp.		$	6,601
						Total Mining			18,053,700
						TOTAL BASIC MATERIALS			32,616,180
COMMUNICATIONS - 4.3%
Advertising - 0.0%
	3,342					Advantage Solutions Inc.*			3,174
	554					Boston Omaha Corp., Class A Shares*			6,886
	1,720					National CineMedia Inc.			7,413
	1,156					Nexxen International Ltd., ADR*			7,479
	1,705					Omnicom Group Inc.			122,112
	2,762					Stagwell Inc., Class A Shares*			14,804
	650					TechTarget Inc.*			3,400
	2,364					Trade Desk Inc., Class A Shares*			93,520
						Total Advertising			258,788
Internet - 1.4%
	1,097					1-800-Flowers.com Inc., Class A Shares*			3,741
	989					Angi Inc., Class A Shares*			11,294
	346					AudioEye Inc.*			4,277
	1,452					Backblaze Inc., Class A Shares*			6,882
	2,614					BARK Inc.*			1,869
	1,568					Bed Bath & Beyond Inc.*			9,439
	1,595					Bumble Inc., Class A Shares*			5,662
	1,976					Cargurus Inc., Class A Shares*			69,713
	1,694					Cars.com Inc.*			19,650
	706					CDW Corp.			101,819
	1,062					Chewy Inc., Class A Shares*			36,926
	1,175					Cogent Communications Holdings Inc.			22,419
	6,560					Coupang Inc., Class A Shares*			184,730
	355					Crexendo Inc.*			2,478
	2,441					eBay Inc.			202,090
	1,100					Entravision Communications Corp., Class A Shares			3,058
	697					ePlus Inc.			62,451
	515					Etsy Inc.*			27,923
	2,928					Eventbrite Inc., Class A Shares*			7,291
	609					EverQuote Inc., Class A Shares*			16,071
	647					Expedia Group Inc.			165,431
	297					F5 Inc.*			71,030
	47,402					Figs Inc., Class A Shares*			464,066
	7,826					fuboTV Inc., Class A Shares*			23,791
	625					Gambling.com Group Ltd.*			3,544
	2,827					Gen Digital Inc.			74,548
	2,372					Getty Images Holdings Inc.*(a)			3,653
	711					GoDaddy Inc., Class A Shares*			90,908
	961					Grindr Inc.*			12,330
	696					Groupon Inc., Class A Shares*			11,769
	611					HealthStream Inc.			15,367
	4,712					Hims & Hers Health Inc.*			187,349
	430					IAC Inc.*			15,080
	362					Lands' End Inc.*			5,716
	841					LifeMD Inc.*			3,221

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
COMMUNICATIONS - (continued)
Internet - (continued)
	515					Liquidity Services Inc.*		$	15,471
	2,123					Lyft Inc., Class A Shares*			44,647
	3,372					Magnite Inc.*			49,535
	922					Maplebear Inc.*			38,733
	1,238					Match Group Inc.			41,238
	725					MediaAlpha Inc., Class A Shares*			9,251
	1,111					Nerdy Inc.*			1,489
	272					Newsmax Inc., Class B Shares*			2,258
	5,858					Nextdoor Holdings Inc.*			10,251
	2,424					Open Lending Corp.*			4,630
	581					OptimizeRx Corp.*			8,872
	3,050					Pinterest Inc., Class A Shares*			79,666
	1,563					Q2 Holdings Inc.*			112,739
	1,358					QuinStreet Inc.*			18,958
	95,153					RealReal Inc.*			1,377,815
	623					Reddit Inc., Class A Shares*			134,861
	1,036					Revolve Group Inc., Class A Shares*			25,040
	25,773					Robinhood Markets Inc., Class A Shares*			3,311,573
	658					Roku Inc., Class A Shares*			63,688
	2,282					Rumble Inc.*(a)			15,449
	1,396					Serve Robotics Inc.*(a)			14,323
	632					Shutterstock Inc.			13,158
	2,548					Sprinklr Inc., Class A Shares*			18,422
	2,392					Stitch Fix Inc., Class A Shares*			10,166
	2,755					TripAdvisor Inc.*			40,967
	3,536					TrueCar Inc.*			7,532
	864					Trump Media & Technology Group Corp.*			9,971
	182					Tucows Inc., Class A Shares*			3,944
	2,992					Upwork Inc.*			59,062
	445					VeriSign Inc.			112,136
	124					Vivid Seats Inc., Class A Shares*			956
	15,959					Wayfair Inc., Class A Shares*			1,768,257
	1,476					Yelp Inc., Class A Shares*			42,671
	1,001					Ziff Davis Inc.*			32,853
	288					Zillow Group Inc., Class A Shares*			20,837
	832					Zillow Group Inc., Class C Shares*			61,884
	1,692					ZipRecruiter Inc., Class A Shares*			8,037
						Total Internet			9,538,926
Media - 0.2%
	1,186					AMC Networks Inc., Class A Shares*			10,579
	149					Cable One Inc.			17,461
	482					Charter Communications Inc., Class A Shares*			96,458
	1,107					CuriosityStream Inc.			5,325
	1,114					EW Scripps Co., Class A Shares*			4,712
	196					FactSet Research Systems Inc.			54,345
	1,104					Fox Corp., Class A Shares			72,312
	790					Fox Corp., Class B Shares			46,026
	2,846					Gray Media Inc.			14,002
	1,923					iHeartMedia Inc., Class A Shares*			7,557
	83					Liberty Broadband Corp., Class A Shares*			3,844

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
COMMUNICATIONS - (continued)
Media - (continued)
	572					Liberty Broadband Corp., Class C Shares*		$	26,478
	954					Liberty Global Ltd., Class A Shares*			10,885
	921					Liberty Global Ltd., Class C Shares*			10,573
	626					Liberty Latin America Ltd., Class A Shares*			5,434
	3,363					Liberty Latin America Ltd., Class C Shares*			29,426
	126					Liberty Media Corp. Liberty Formula One, Class A Shares*			11,073
	1,149					Liberty Media Corp. Liberty Formula One, Class C Shares*			110,281
	816					New York Times Co., Class A Shares			52,632
	1,935					News Corp., Class A Shares			49,691
	654					News Corp., Class B Shares			19,247
	140					Nexstar Media Group Inc., Class A Shares			26,900
	7,696					Optimum Communications Inc., Class A Shares*			14,623
	544					Scholastic Corp.			16,070
	1,034					Sinclair Inc.			16,296
	938					Sirius XM Holdings Inc.			19,942
	685					Sphere Entertainment Co.*			57,944
	3,860					TEGNA Inc.			75,347
	1,126					Thryv Holdings Inc.*			6,339
	3,430					USA TODAY Co., Inc.*			17,184
	12,524					Warner Bros Discovery Inc.*			300,576
	1,024					WideOpenWest Inc.*			5,304
						Total Media			1,214,866
Telecommunications - 2.7%
	1,822					A10 Networks Inc.			31,375
	2,127					ADTRAN Holdings Inc.*			16,867
	233					Anterix Inc.*			4,791
	15,154					Applied Digital Corp.*			410,673
	16,050					AST SpaceMobile Inc., Class A Shares*			902,010
	418					ATN International Inc.			8,816
	435					Aviat Networks Inc.*			9,618
	92					BK Technologies Corp.*			5,887
	805					BlackSky Technology Inc., Class A Shares*			14,265
	1,418					Calix Inc.*			78,373
	759					Ciena Corp.*			154,995
	287					Clearfield Inc.*			8,426
	38,828					CommScope Holding Co., Inc.*			766,465
	33,204					Corning Inc.			2,795,777
	3,603					Credo Technology Group Holding Ltd.*			639,893
	4,071					DigitalBridge Group Inc.			39,529
	3,299					EchoStar Corp., Class A Shares*			241,784
	3,334					Extreme Networks Inc.*			58,345
	222					Frequency Electronics Inc.*			6,358
	1,355					Frontier Communications Parent Inc.*			51,382
	16					GCI Liberty Inc., Class A Shares*			533
	114					GCI Liberty Inc., Class C Shares*			3,798
	1,313					Globalstar Inc.*			79,765
	1,939					Gogo Inc.*			13,864
	186,890					Harmonic Inc.*			1,786,668
	387					IDT Corp., Class B Shares			19,261
	453					Inseego Corp.*			4,951

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
COMMUNICATIONS - (continued)
Telecommunications - (continued)
	7,235					InterDigital Inc.		$	2,588,321
	454					Iridium Communications Inc.			7,446
	23,929					Lumen Technologies Inc.*			194,064
	629					Millicom International Cellular SA			33,381
	6,800					Motorola Solutions Inc.			2,513,824
	700					NETGEAR Inc.*			18,515
	398,000					Nokia OYJ, ADR			2,419,840
	563					Ooma Inc.*			6,328
	2,552					Powerfleet Inc. NJ*			12,683
	54					Preformed Line Products Co.			11,084
	2,118					Ribbon Communications Inc.*			6,057
	2,250					Satellogic Inc., Class A Shares*			3,713
	1,155					Shenandoah Telecommunications Co.			12,624
	397					Spok Holdings Inc.			5,272
	2,366					Telephone & Data Systems Inc.			95,279
	24					Ubiquiti Inc.			13,994
	2,853					Viasat Inc.*			97,944
	165,881					Viavi Solutions Inc.*			2,975,905
						Total Telecommunications			19,170,743
						TOTAL COMMUNICATIONS			30,183,323
CONSUMER CYCLICAL - 10.2%
Airlines - 0.5%
	614					Alaska Air Group Inc.*			26,316
	398					Allegiant Travel Co.*			30,248
	3,296					American Airlines Group Inc.*			46,309
	42,853					Delta Air Lines Inc.			2,746,877
	2,391					Frontier Group Holdings Inc.*			10,903
	8,209					JetBlue Airways Corp.*			37,515
	1,014					SkyWest Inc.*			102,941
	2,632					Southwest Airlines Co.			91,620
	1,498					Sun Country Airlines Holdings Inc.*			20,523
	1,727					United Airlines Holdings Inc.*			176,085
						Total Airlines			3,289,337
Apparel - 0.7%
	298					Birkenstock Holding PLC*			12,912
	2,777					Capri Holdings Ltd.*			70,452
	831					Carter's Inc.			26,517
	188					Columbia Sportswear Co.			10,097
	272					Crocs Inc.*			23,115
	777					Deckers Outdoor Corp.*			68,399
	1,820					Ermenegildo Zegna NV			19,419
	1,369					Kontoor Brands Inc.			101,785
	317					Lakeland Industries Inc.			4,812
	1,126					On Holding AG, Class A Shares*			49,533
	382					Oxford Industries Inc.			14,577
	256					PVH Corp.			21,699
	200					Ralph Lauren Corp., Class A Shares			73,466
	153					Rocky Brands Inc.			4,647
	29,612					Steven Madden Ltd.			1,237,189
	552					Superior Group of Cos., Inc.			5,365

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
CONSUMER CYCLICAL - (continued)
Apparel - (continued)
	12,535					Tapestry Inc.		$	1,369,825
	683					Torrid Holdings Inc.*			888
	950					Under Armour Inc., Class A Shares*			4,389
	948					Under Armour Inc., Class C Shares*			4,200
	103,395					VF Corp.			1,809,413
	202					Weyco Group Inc.			6,052
	1,960					Wolverine World Wide Inc.			31,772
						Total Apparel			4,970,523
Auto Manufacturers - 0.2%
	8,190					Blue Bird Corp.*			427,682
	742					Cummins Inc.			369,501
	2,865					Faraday Future Intelligent Electric Inc.*(a)			3,295
	21,049					Ford Motor Co.			279,531
	5,001					Hyliion Holdings Corp.*			9,402
	654					Lucid Group Inc., Class A Shares*(a)			8,914
	1,180					REV Group Inc.			62,858
	3,954					Rivian Automotive Inc., Class A Shares*			66,664
	1,100					Wabash National Corp.			9,284
						Total Auto Manufacturers			1,237,131
Auto Parts & Equipment - 0.7%
	1,999					Adient PLC*			38,901
	873					Aeva Technologies Inc.*			9,734
	431					Allison Transmission Holdings Inc.			38,213
	2,783					American Axle & Manufacturing Holdings Inc.*			18,284
	1,178					Aptiv PLC*			91,354
	5,928					Aurora Innovation Inc., Class A Shares*			24,838
	1,205					BorgWarner Inc.			51,887
	14,031					Cooper-Standard Holdings Inc.*			438,469
	3,376					Dana Inc.			75,656
	13,731					Dorman Products Inc.*			1,816,199
	544					Douglas Dynamics Inc.			17,577
	1,105					Fox Factory Holding Corp.*			16,343
	3,281					Garrett Motion Inc.			54,235
	50,045					Gentex Corp.			1,142,527
	817					Gentherm Inc.*			29,142
	6,271					Goodyear Tire & Rubber Co.*			54,307
	958					Holley Inc.*			4,081
	5,337					indie Semiconductor Inc., Class A Shares*			19,000
	266					Lear Corp.			28,558
	664					Luminar Technologies Inc., Class A Shares*(a)			602
	1,230					Methode Electronics Inc.			9,323
	5,712					Microvast Holdings Inc.*			20,106
	270					Miller Industries Inc.			10,460
	323					Motorcar Parts of America Inc.*			4,257
	937					Phinia Inc.			50,682
	2,174					QuantumScape Corp., Class A Shares*			26,566
	2,971					Solid Power Inc.*			15,449
	522					Standard Motor Products Inc.			19,596
	128					Strattec Security Corp.*			9,600
	1,165					Titan International Inc.*			9,425

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
CONSUMER CYCLICAL - (continued)
Auto Parts & Equipment - (continued)
	8,674					Visteon Corp.		$	895,591
	633					XPEL Inc.*			29,422
						Total Auto Parts & Equipment			5,070,384
Distribution/Wholesale - 0.5%
	555					A-Mark Precious Metals Inc.			15,934
	971					Core & Main Inc., Class A Shares*			46,938
	117					EVI Industries Inc.			2,392
	6,195					Fastenal Co.			250,278
	1,048					G-III Apparel Group Ltd.*			30,549
	349					Global Industrial Co.			9,995
	799					Hudson Technologies Inc.*			5,433
	1,451					LKQ Corp.			43,080
	20,742					OPENLANE Inc.*			527,677
	183					Pool Corp.			44,579
	995					RB Global Inc.			97,709
	3,356					Resideo Technologies Inc.*			110,714
	1,508					Rush Enterprises Inc., Class A Shares			78,507
	207					Rush Enterprises Inc., Class B Shares			11,048
	503					ScanSource Inc.*			20,683
	221					SiteOne Landscape Supply Inc.*			29,676
	76,895					ThredUp Inc., Class A Shares*			578,250
	475					Titan Machinery Inc.*			8,797
	6,195					VSE Corp.			1,116,277
	179					Watsco Inc.			62,006
	244					WESCO International Inc.			65,248
	241					WW Grainger Inc.			228,620
						Total Distribution/Wholesale			3,384,390
Entertainment - 0.7%
	1,269					Accel Entertainment Inc., Class A Shares*			12,995
	11,090					AMC Entertainment Holdings Inc., Class A Shares*			27,171
	238					Atlanta Braves Holdings Inc., Class A Shares*			10,370
	1,102					Atlanta Braves Holdings Inc., Class C Shares*			43,860
	2,659					Brightstar Lottery PLC			41,587
	1,035					Caesars Entertainment Inc.*			24,084
	327					Churchill Downs Inc.			35,672
	2,565					Cinemark Holdings Inc.			70,230
	2,571					DraftKings Inc., Class A Shares*			85,254
	945					Flutter Entertainment PLC*			197,325
	533					Golden Entertainment Inc.			16,001
	28,680					IMAX Corp.*			1,064,028
	394					Inspired Entertainment Inc.*			3,239
	107					Liberty Media Corp. Liberty Live, Class A Shares*			8,230
	263					Liberty Media Corp. Liberty Live, Class C Shares*			20,832
	4,471					Lionsgate Studios Corp.*			33,354
	845					Live Nation Entertainment Inc.*			111,075
	1,025					Madison Square Garden Entertainment Corp., Class A Shares*			50,707
	78					Madison Square Garden Sports Corp.*			17,786
	678					Marriott Vacations Worldwide Corp.			37,019
	329					Monarch Casino & Resort Inc.			31,775
	859					Penn Entertainment Inc.*			12,748

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
CONSUMER CYCLICAL - (continued)
Entertainment - (continued)
	515					Pursuit Attractions & Hospitality Inc.*		$	17,680
	291					RCI Hospitality Holdings Inc.			7,089
	1,171					Red Rock Resorts Inc., Class A Shares			68,585
	492					Reservoir Media Inc.*			3,749
	69,073					Rush Street Interactive Inc.*			1,273,706
	2,308					Six Flags Entertainment Corp.*			35,035
	317					Starz Entertainment Corp.*			3,477
	4,047					Super Group SGHC Ltd.			43,829
	9,524					TKO Group Holdings Inc., Class A Shares			1,846,608
	638					United Parks & Resorts Inc.*			23,025
	179					Vail Resorts Inc.			25,098
	436					Webtoon Entertainment Inc.*			6,065
						Total Entertainment			5,309,288
Food Service - 0.0%
	1,349					Aramark			50,142
Home Builders - 0.9%
	756					Beazer Homes USA Inc.*			17,290
	190					Cavco Industries Inc.*			113,173
	635					Century Communities Inc.			41,459
	1,394					Champion Homes Inc.*			119,661
	1,454					DR Horton Inc.			231,200
	683					Dream Finders Homes Inc., Class A Shares*			13,503
	440					Forestar Group Inc.*			11,229
	822					Green Brick Partners Inc.*			55,797
	127					Hovnanian Enterprises Inc., Class A Shares*			16,711
	10,164					Installed Building Products Inc.			2,724,155
	1,615					KB Home			103,893
	4,274					LCI Industries			485,826
	1,192					Lennar Corp., Class A Shares			156,510
	38					Lennar Corp., Class B Shares			4,696
	551					LGI Homes Inc.*			28,663
	635					M/I Homes Inc.*			87,370
	1,779					Meritage Homes Corp.			130,009
	15					NVR Inc.*			112,609
	1,067					PulteGroup Inc.			135,712
	2,362					Taylor Morrison Home Corp., Class A Shares*			148,074
	12,719					Thor Industries Inc.			1,343,381
	506					Toll Brothers Inc.			70,754
	2,150					Tri Pointe Homes Inc.*			73,358
	741					Winnebago Industries Inc.			26,817
						Total Home Builders			6,251,850
Home Furnishings - 0.7%
	50,124					Alliance Laundry Holdings Inc.*			1,191,447
	1,228					Arhaus Inc., Class A Shares*			12,697
	939					Daktronics Inc.*			17,775
	342					Dolby Laboratories Inc., Class A Shares			23,068
	554					Ethan Allen Interiors Inc.			13,097
	93					Flexsteel Industries Inc.			3,676
	224					Hamilton Beach Brands Holding Co., Class A Shares			3,573
	3,131					Leggett & Platt Inc.			32,124

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
CONSUMER CYCLICAL - (continued)
Home Furnishings - (continued)
	309					Lovesac Co.*		$	4,434
	1,825					MillerKnoll Inc.			28,890
	446					SharkNinja Inc.*			43,516
	471					Sleep Number Corp.*			2,402
	39,507					Somnigroup International Inc.			3,615,681
	2,861					Sonos Inc.*			53,100
	2,027					Traeger Inc.*			1,847
	313					Whirlpool Corp.			24,211
	1,443					Xperi Inc.*			8,355
						Total Home Furnishings			5,079,893
Housewares - 0.0%
	216					Central Garden & Pet Co.*			7,379
	1,364					Central Garden & Pet Co., Class A Shares*			42,202
	2,321					Newell Brands Inc.			8,472
	246					Scotts Miracle-Gro Co.			13,928
						Total Housewares			71,981
Leisure Time - 0.7%
	672					Acushnet Holdings Corp.			56,515
	746					Amer Sports Inc.*			27,699
	423					American Outdoor Brands Inc.*			3,033
	400					Brunswick Corp.			26,444
	5,733					Carnival Corp.*			147,797
	535					Clarus Corp.			1,915
	175					Escalade Inc.			2,320
	2,112					Global Business Travel Group I*			16,283
	704					Harley-Davidson Inc.			17,241
	98					Johnson Outdoors Inc., Class A Shares			4,017
	33,039					Life Time Group Holdings Inc.*			922,449
	18,240					Lindblad Expeditions Holdings Inc.*			219,427
	1,183					Livewire Group Inc.*			5,040
	517					Malibu Boats Inc., Class A Shares*			14,678
	442					Marine Products Corp.			3,744
	354					MasterCraft Boat Holdings Inc.*			6,542
	2,437					Norwegian Cruise Line Holdings Ltd.*			44,987
	2,259					OneSpaWorld Holdings Ltd.			46,129
	782					Patrick Industries Inc.			84,628
	9,545					Peloton Interactive Inc., Class A Shares*			64,810
	7,859					Planet Fitness Inc., Class A Shares*			879,972
	1,276					Polaris Inc.			84,675
	1,365					Royal Caribbean Cruises Ltd.			363,431
	9,739					Sabre Corp.*			15,680
	3,694					Topgolf Callaway Brands Corp.*			47,579
	13,105					Viking Holdings Ltd.*			875,152
	554					Xponential Fitness Inc., Class A Shares*			3,679
	17,840					YETI Holdings Inc.*			740,003
						Total Leisure Time			4,725,869
Lodging - 0.4%
	288					Boyd Gaming Corp.			23,991
	157					Choice Hotels International Inc.			14,328
	1,469					Hilton Grand Vacations Inc.*			62,917

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
CONSUMER CYCLICAL - (continued)
Lodging - (continued)
	1,254					Hilton Worldwide Holdings Inc.		$	357,428
	201					Hyatt Hotels Corp., Class A Shares			33,042
	32,346					Las Vegas Sands Corp.			2,204,703
	630					Marcus Corp.			9,891
	1,036					MGM Resorts International*			36,561
	385					Travel + Leisure Co.			26,403
	381					Wyndham Hotels & Resorts Inc.			27,889
	424					Wynn Resorts Ltd.			54,560
						Total Lodging			2,851,713
Office Furnishings - 0.0%
	1,110					HNI Corp.			46,087
	1,472					Interface Inc., Class A Shares			41,084
	2,039					Steelcase Inc., Class A Shares			33,215
	491					Virco Mfg. Corp.			3,457
						Total Office Furnishings			123,843
Retail - 4.2%
	1,185					Abercrombie & Fitch Co., Class A Shares*			115,976
	1,596					Academy Sports & Outdoors Inc.			77,007
	1,443					Advance Auto Parts Inc.			74,863
	4,109					American Eagle Outfitters Inc.			83,824
	226					America's Car-Mart Inc.*			4,893
	1,938					Arko Corp.			9,225
	476					Asbury Automotive Group Inc.*			110,703
	148					AutoNation Inc.*			31,271
	519					Barnes & Noble Education Inc.*			4,853
	280					Bassett Furniture Industries Inc.			4,348
	1,073					Bath & Body Works Inc.			18,681
	22,292					Best Buy Co., Inc.			1,767,310
	18					Biglari Holdings Inc., Class B Shares*			5,290
	609					BJ's Restaurants Inc.*			23,355
	671					BJ's Wholesale Club Holdings Inc.*			59,873
	10,372					Black Rock Coffee Bar Inc., Class A Shares*			235,963
	2,052					Bloomin' Brands Inc.			14,569
	212					BlueLinx Holdings Inc.*			13,227
	10,130					Boot Barn Holdings Inc.*			1,963,397
	1,099					Brinker International Inc.*			169,015
	803					Buckle Inc.			45,353
	337					Build-A-Bear Workshop Inc.			17,895
	345					Burlington Stores Inc.*			87,019
	878					Caleres Inc.			10,281
	1,520					Camping World Holdings Inc., Class A Shares			17,009
	778					CarMax Inc.*			30,078
	10,376					Carvana Co., Class A Shares*			3,885,812
	2,804					Casey's General Stores Inc.			1,599,570
	506					Cava Group Inc.*			24,738
	13,317					Cheesecake Factory Inc.			634,688
	113					Citi Trends Inc.*			5,118
	4,002					Clean Energy Fuels Corp.*			8,724
	569					Cracker Barrel Old Country Store Inc.			16,438
	625					Darden Restaurants Inc.			112,238

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
CONSUMER CYCLICAL - (continued)
Retail - (continued)
	624					Dave & Buster's Entertainment Inc.*		$	10,914
	1,927					Denny's Corp.*			11,890
	1,579					Designer Brands Inc., Class A Shares			6,853
	339					Dick's Sporting Goods Inc.			70,027
	16					Dillard's Inc., Class A Shares			10,721
	347					Dine Brands Global Inc.			10,844
	1,178					Dollar General Corp.			128,979
	1,049					Dollar Tree Inc.*			116,240
	163					Domino's Pizza Inc.			68,400
	648					Dutch Bros Inc., Class A Shares*			37,979
	562					El Pollo Loco Holdings Inc.*			6,131
	3,770					EVgo Inc., Class A Shares*			12,215
	9,044					Ferguson Enterprises Inc.			2,276,104
	1,133					First Watch Restaurant Group Inc.*			21,029
	991					FirstCash Holdings Inc.			156,984
	8,358					Five Below Inc.*			1,378,151
	540					Floor & Decor Holdings Inc., Class A Shares*			34,355
	277					Freshpet Inc.*			15,833
	2,196					GameStop Corp., Class A Shares*			49,476
	1,173					Gap Inc.			31,753
	285					Genesco Inc.*			10,217
	736					Genuine Parts Co.			95,974
	4,302					Group 1 Automotive Inc.			1,725,274
	271					Haverty Furniture Cos., Inc.			6,450
	80					J Jill Inc.			1,262
	503					Jack in the Box Inc.			9,914
	2,653					Kohl's Corp.			65,237
	2,191					Krispy Kreme Inc.(a)			9,158
	139					Kura Sushi USA Inc., Class A Shares*			6,829
	1,108					La-Z-Boy Inc.			43,123
	130					Lithia Motors Inc., Class A Shares			41,449
	545					Lululemon Athletica Inc.*			100,378
	92,601					Macy's Inc.			2,070,558
	518					MarineMax Inc.*			12,111
	583					Movado Group Inc.			12,208
	266					MSC Industrial Direct Co., Inc., Class A Shares			23,663
	3,626					Murphy USA Inc.			1,396,264
	38,979					National Vision Holdings Inc.*			1,124,544
	1,123					Nu Skin Enterprises Inc., Class A Shares			11,106
	611					ODP Corp.*			17,090
	310					Ollie's Bargain Outlet Holdings Inc.*			38,164
	494					OneWater Marine Inc., Class A Shares*			6,002
	873					Papa John's International Inc.			36,727
	291					PC Connection Inc.			16,890
	105					Penske Automotive Group Inc.			16,981
	1,883					Petco Health & Wellness Co., Inc., Class A Shares*			6,026
	1,650					Portillo's Inc., Class A Shares*			8,613
	616					PriceSmart Inc.			75,830
	54,923					QXO Inc.*			1,028,708
	1,744					Restaurant Brands International Inc.			126,248
	88					RH*			13,868

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
CONSUMER CYCLICAL - (continued)
Retail - (continued)
	10,139					Ross Stores Inc.		$	1,788,114
	2,681					Sally Beauty Holdings Inc.*			42,521
	934					Savers Value Village Inc.*			8,509
	942					Shake Shack Inc., Class A Shares*			82,406
	442					Shoe Carnival Inc.			7,302
	1,007					Signet Jewelers Ltd.			100,861
	369					Sonic Automotive Inc., Class A Shares			23,258
	2,445					Sweetgreen Inc., Class A Shares*			15,868
	339					Texas Roadhouse Inc., Class A Shares			59,410
	505					Tile Shop Holdings Inc.*			3,277
	2,821					Tractor Supply Co.			154,534
	238					Ulta Beauty Inc.*			128,242
	13,865					Urban Outfitters Inc.*			1,026,981
	1,610					Victoria's Secret & Co.*			66,541
	2,345					Warby Parker Inc., Class A Shares*			46,454
	992					Wendy's Co.			8,382
	633					Williams-Sonoma Inc.			113,946
	141					Wingstop Inc.			37,327
	75					Winmark Corp.			30,826
	13,417					Yum! Brands Inc.			2,055,619
	348					Zumiez Inc.*			9,048
						Total Retail			29,703,774
Textiles - 0.0%
	362					UniFirst Corp.			62,463
Toys/Games/Hobbies - 0.0%
	720					Funko Inc., Class A Shares*			2,275
	674					Hasbro Inc.			55,673
	154					JAKKS Pacific Inc.			2,530
	1,615					Mattel Inc.*			34,109
						Total Toys/Games/Hobbies			94,587
						TOTAL CONSUMER CYCLICAL			72,277,168
CONSUMER NON-CYCLICAL - 21.2%
Agriculture - 0.1%
	131					Alico Inc.			4,558
	853					Andersons Inc.			43,930
	2,521					Archer-Daniels-Midland Co.			153,126
	743					Bunge Global SA			71,380
	784					Darling Ingredients Inc.*			28,702
	1,534					Dole PLC			22,212
	871					Fresh Del Monte Produce Inc.			31,478
	391					Ispire Technology Inc.*			954
	392					Limoneira Co.			5,445
	464					Tejon Ranch Co.*			7,531
	432					Turning Point Brands Inc.			43,269
	623					Universal Corp.			32,869
	8,885					Vital Farms Inc.*			290,540
						Total Agriculture			735,994
Beverages - 0.4%
	50					Boston Beer Co., Inc., Class A Shares*			9,740
	2,109					BRC Inc., Class A Shares*			2,679

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
CONSUMER NON-CYCLICAL - (continued)
Beverages - (continued)
	240					Brown-Forman Corp., Class A Shares		$	6,842
	726					Brown-Forman Corp., Class B Shares			21,040
	30,696					Celsius Holdings Inc.*			1,256,694
	259					Coca-Cola Consolidated Inc.			42,204
	777					Constellation Brands Inc., Class A Shares			105,967
	8,219					MGP Ingredients Inc.			187,475
	953					Molson Coors Beverage Co., Class B Shares			44,324
	605					National Beverage Corp.*			20,606
	1,298					Primo Brands Corp., Class A Shares			20,366
	23,077					Vita Coco Co., Inc.*			1,232,543
	1,130					Westrock Coffee Co.*			4,916
	774					Zevia PBC, Class A Shares*			2,074
						Total Beverages			2,957,470
Biotechnology - 7.2%
	976					4D Molecular Therapeutics Inc.*			11,380
	1,404					Abeona Therapeutics Inc.*			7,118
	3,065					Absci Corp.*			9,716
	2,984					ACADIA Pharmaceuticals Inc.*			74,719
	3,124					ADC Therapeutics SA*			13,433
	5,598					ADMA Biologics Inc.*			107,370
	1,685					Akero Therapeutics Inc.*			91,597
	1,104					Aldeyra Therapeutics Inc.*			6,050
	3,487					Allogene Therapeutics Inc.*			5,091
	5,430					Alnylam Pharmaceuticals Inc.*			2,450,179
	1,655					Altimmune Inc.*			8,705
	1,811					Alumis Inc.*			13,890
	6,592					Amicus Therapeutics Inc.*			65,459
	421					AnaptysBio Inc.*			17,535
	2,026					Anavex Life Sciences Corp.*(a)			7,760
	2,859					ANI Pharmaceuticals Inc.*			242,586
	3,027					Annexon Inc.*			13,621
	585					Apellis Pharmaceuticals Inc.*			12,460
	38,661					Apogee Therapeutics Inc.*			2,782,432
	3,443					Arbutus Biopharma Corp.*			15,184
	876					Arcellx Inc.*			63,694
	525					Arcturus Therapeutics Holdings Inc.*			3,565
	2,015					Arcus Biosciences Inc.*			52,591
	35,330					Arcutis Biotherapeutics Inc.*			1,082,865
	6,049					Ardelyx Inc.*			35,084
	1,030					Argenx SE, ADR*			939,339
	714					ArriVent Biopharma Inc.*			16,379
	43,024					Arrowhead Pharmaceuticals Inc.*			2,267,365
	1,557					ARS Pharmaceuticals Inc.*			14,854
	1,091					Astria Therapeutics Inc.*			13,801
	1,524					Atea Pharmaceuticals Inc.*			4,724
	1,446					Aura Biosciences Inc.*			9,544
	2,711					Aurinia Pharmaceuticals Inc.*			43,701
	2,479					Avidity Biosciences Inc.*			177,744
	1,014					Axsome Therapeutics Inc.*			153,621
	2,416					Beam Therapeutics Inc.*			61,197

 

 

Schedules of Investments

November 30, 2025 (unaudited)

 

Destinations Small-Mid Cap Equity Fund (continued)

 

Shares/Units						Security		Value
COMMON STOCKS - (continued)
CONSUMER NON-CYCLICAL - (continued)
Biotechnology - (continued)
	493					Benitec Biopharma Inc.*		$	6,389
	982					Bicara Therapeutics Inc.*			18,226
	883					BioAge Labs Inc.*			8,380
	5,417					BioCryst Pharmaceuticals Inc.*			38,894
	785					Biogen Inc.*			142,941
	2,320					Biohaven Ltd.*			23,270
	1,057					BioMarin Pharmaceutical Inc.*			59,118
	115					Bio-Rad Laboratories Inc., Class A Shares*			37,359
	30,861					Bridgebio Pharma Inc.*			2,222,301
	6,391					Bright Minds Biosciences Inc.*(b)			447,370
	797					Capricor Therapeutics Inc.*(a)			4,264
	1,935					Cardiff Oncology Inc.*			4,412
	326					Cartesian Therapeutics Inc.*			2,442
	8,449					Celcuity Inc.*			854,532
	1,694					Celldex Therapeutics Inc.*			45,772
	921					Certara Inc.*			8,436
	1,359					CG oncology Inc.*			60,938
	3,391					Cogent Biosciences Inc.*			136,386
	3,209					Compass Therapeutics Inc.*			18,612
	1,073					Contra Alimera Science*(b)(c)			43
	3,689					Corteva Inc.			248,897
	114,102					Crinetics Pharmaceuticals Inc.*			5,198,487
	2,067					CRISPR Therapeutics AG*			110,522
	1,309					Cullinan Therapeutics Inc.*			14,883
	3,278					Cytek Biosciences Inc.*			18,521
	2,928					Cytokinetics Inc.*			199,485
	2,151					Day One Biopharmaceuticals Inc.*			20,413
	3,311					Denali Therapeutics Inc.*			64,465
	581					Design Therapeutics Inc.*			5,456
	648					DiaMedica Therapeutics Inc.*			5,592
	399					Dianthus Therapeutics Inc.*			17,548
	626					Disc Medicine Inc., Class A Shares*			58,443
	2,447					Dynavax Technologies Corp.*			27,822
	2,660					Dyne Therapeutics Inc.*			58,254
	32,696					Edgewise Therapeutics Inc.*			851,404
	2,959					Editas Medicine Inc.*			7,131
	2,075					Eledon Pharmaceuticals Inc.*			3,382
	1,657					Emergent BioSolutions Inc.*			18,509
	543					Entrada Therapeutics Inc.*			5,577
	4,782					Erasca Inc.*			15,159
	4,211					Esperion Therapeutics Inc.*			16,886
	1,358					Evolus Inc.*			9,723
	21,940					Exelixis Inc.*			969,090
	1,427					EyePoint Pharmaceuticals Inc.*			21,162
	3,093					Fate Therapeutics Inc.*			3,526
	15,412					Geron Corp.*			18,186
	6,117					Gossamer Bio Inc.*			20,431
	331					Greenwich Lifesciences Inc.*			2,890
	616					Halozyme Therapeutics Inc.*			43,982
	3,124					Humacyte Inc.*			4,217
	1,989					Ideaya Biosciences Inc.*			70,848