Adaptive Growth Opportunities Inst Class

Portfolio Holdings as of 4/30/2021

Ticker Cusip Description Shares Market Value % of Portfolio
FIGXX 316175108 Fidelity Investments Money Market Funds 10,063,713.420 $10,063,713.42 6.72%
XHB 78464A888 SPDR S&P Homebuilder s ETF 96,628.000 $7,280,919.80 4.86%
XLK 81369Y803 Technology Select Se ctor SPDR Fund 47,500.000 $6,635,750.00 4.43%
XLF 81369Y605 Financial Select Sec tor SPDR Fund 181,820.000 $6,592,793.20 4.40%
EFA 464287465 ISHARE MSCI EAFE ETF 83,866.000 $6,550,773.26 4.38%
SKYY 33734X192 FIRST TRUST CLOUD COMPUTING ETF 62,922.000 $6,331,840.86 4.23%
RYT 46137V282 Invesco S&P 500 EQUAL WEIGHT 22,806.000 $6,325,244.10 4.23%
SMH 92189F676 VanEck Vectors Semic onductor ETF 25,851.000 $6,281,793.00 4.20%
WOOD 464288174 iShares Global Timber & Forestry ET 67,411.000 $6,192,374.46 4.14%
IPAY 26924G409 ETFMG PRIME MOBILE PAYMENTS 83,550.000 $5,973,825.00 3.99%
KCE 78464A771 SPDR S&P CAPITAL MARKETS ETF 64,647.000 $5,799,598.73 3.87%
IGV 464287515 ISHARES EXPANDED TECH SOFTWARE 14,215.000 $5,140,001.85 3.43%
IBUY 032108102 AMPLIFY ONLINE RETAIL ETF 38,220.000 $4,785,144.00 3.20%
BJK 92189F882 VANECK GAMING ETF 86,058.000 $4,766,528.87 3.18%
DBA 46140H106 INVESCO AGRICULTURE 245,250.000 $4,512,600.00 3.02%
OGIG 67110P704 O'SHARES GLOBAL INTERNET ETF 82,225.000 $4,496,885.25 3.00%
DBC 46138B103 Invesco DB Commodity Index Tracking Fund 250,500.000 $4,486,455.00 3.00%
XLI 81369Y704 Industrial Select Se ctor SPDR Fund 42,350.000 $4,316,735.50 2.88%
PTH 46137V852 Invesco DWA Healthca re Momentum ETF 27,546.000 $4,301,307.90 2.87%
PSP 46137V589 Invesco Global Listed Private Equit 273,377.000 $4,270,148.74 2.85%
VNM 92189F817 VANECK VIETNAM ETF 223,250.000 $4,208,262.50 2.81%
IAI 464288794 iShares U.S. Broker- Dealers & Securities 34,387.000 $3,345,855.10 2.24%
XBI 78464A870 SPDR S&P Biotech ETF 24,164.000 $3,301,285.68 2.21%
EWT 46434G772 ISHARES MSCI TAIWAN ETF 50,773.000 $3,276,889.42 2.19%
XAR 78464A631 SPDR S&P AEROSPACE 25,047.000 $3,208,019.76 2.14%
KRE 78464A698 SPDR S&P Regional Ba nking ETF 46,515.000 $3,181,160.85 2.13%
XHS 78464A573 SPDR S&P HEALTH CARE ETF 27,814.000 $3,059,172.86 2.04%
LIT 37954Y855 Global X Lithium & Battery Tech ETF 47,236.000 $3,003,737.24 2.01%
IHI 464288810 iShares U.S. Medical Devices ETF 7,890.000 $2,796,294.90 1.87%
EWY 464286772 ISHARES MSCI S KOREA ETF 29,376.000 $2,660,290.56 1.78%
CWB 78464A359 SPDR Bloomberg Barcl ays Convertible Secu 29,605.000 $2,526,194.65 1.69%

Totals 12,406,512.420 $149,671,596.46