Destinations Small-Mid Cap Equity Fund

Overview

The Destinations Small-Mid Cap Equity Fund seeks to provide long-term capital appreciation and invests primarily in small and mid-cap equity securities.

Employing a multi-manager approach, the Fund currently allocates assets among the following sub-advisers:

Ceredex Value Advisors LLC is the sub-adviser of Ceredex Mid-Cap Value which employes a disciplined and methodical bottom-up stock selection process with an emphasis on dividends, valuation and fundamentals.
Driehaus Capital Management LLC is the sub-adviser of Driehaus Micro Cap Growth and Driehaus Small Cap Growth, which focus on micro and small cap companies with company-specific growth inflection points.
Leeward Investments, LLC is the sub-adviser of the Leeward Small Cap Value Strategy which employs a classic value approach with an emphasis on purchasing high quality companies at a discount to intrinsic value.

I Share Fund performance as of 12/31/2022

Annualized

MTD

QTD

YTD

1 Year

3 Years

5 Years

Since
Inception

Destinations Small-Mid Cap Equity Fund

-5.00

7.36

-19.83

8.02

8.77

9.72

Russell Mid Cap Index

-5.40

9.18

-17.32

5.86

7.07

8.30

Russell 2000 Index

-6.49

6.23

-20.44

3.09

4.11

5.61

Russell Mid Cap Index: A market cap weighted index that includes approximately the smallest 800 companies in the Russell 1000 Index.

Russell 2000 Index: A market cap weighted index that includes the smallest 2,000 companies in the Russell 3000 universe of US-based listed equities.

An investment in the Destinations Small-Mid Cap Equity Fund is subject to risk, including the possible loss of principal amount invested.

Foreign securities subject the Fund to the risks associated with investing in the particular country of an issuer, including the political, regulatory, economic, social, diplomatic and other conditions or events, as well as risks associated with less developed custody and settlement practices. Foreign securities may be more volatile and less liquid than securities of U.S. companies.

Liquidity risk refers to the possibility that securities cannot be readily sold within seven days at approximately the price at which the Fund has valued them.

With securities lending risk, the Fund may lose money from securities lending if, for example, it is delayed in or prevented from selling the collateral after the loan is made or recovering the securities loaned or if it incurs losses on the reinvestment of cash collateral.

Mid-capitalization companies may be newer or less established than large-capitalization companies, and may have limited resources, products and markets, can be more volatile and may be less liquid.

Stocks of smaller companies may be subject to more abrupt or erratic market movements than stocks of larger, more established companies and typically are traded in lower volume, are less liquid. These risks may be heightened with respect to micro-cap companies.

Fund facts

Ticker: DSMFX
CUSIP: 10964R202
Benchmark: Russell Mid Cap Index, Russell 2000 Index
Inception date: 03/20/2017
Gross expense ratio: 1.11%
Net expense ratio: 1.10%*

Daily NAV

Date:

03/29/2023

NAV:
$11.20
NAV change:
$0.14
Total assets ($m):
$841.4

Quick links

Management team

Brian Storey CFA, Head of Discretionary Portfolios, Brinker Capital Investments
Brian Storey is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he has portfolio management responsibilities for Brinker Capital’s Destinations program. Brian is involved in all aspects of the investment process for these multi-asset class portfolio solutions, including asset allocation, portfolio construction, manager research, and due diligence.
Prior to joining Brinker Capital, Brian was a Senior Portfolio Manager at First Citizens Bank where he oversaw portfolio construction for the globally-diversified investment strategies utilized by the firm’s private wealth and institutional clients. Previously, he served in various leadership and operational roles during his five years as an officer in the U.S. Coast Guard.
Brian graduated from the United States Coast Guard Academy with a Bachelor of Science in management and earned his Master of Business Administration from Duke University’s Fuqua School of Business where he graduated as a Fuqua scholar. Brian is a CFA® charterholder and holds the FINRA Series 65 designation. He is a member of the CFA® Institute and the CFA® Society North Carolina.
Grant Engelbart CFA, CAIA, Senior Portfolio Manager, Brinker Capital Investments
Grant Engelbart is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he manages several ETF and mutual fund separate account strategies. He serves on several committees across Brinker Capital’s parent company, Orion Advisor Solutions. Grant first joined Orion in 2007 and returned to the company in 2009. He held several roles in trading and investment research before accepting the role of portfolio manager in 2013.
Prior to joining Brinker Capital Investments, Grant held positions at CLS Investments (which has since rebranded to Brinker Capital Investments), TD Ameritrade, and State Street Corporation. Grant received his Bachelor of Science in finance from the University of Nebraska at Lincoln. He is a CFA® charterholder, holds the Chartered Alternative Investment Analyst (CAIA) designation, and FINRA Series 65 license. He is a member of the CFA® Society of Nebraska and the CAIA Chicago chapter. In 2018, Grant was named one of the Top Ten Money Managers to Watch by Money Management Executive.
Michael Hadden CFA, Portfolio Manager, Brinker Capital Investments
Michael Hadden is a portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he co-manages a variety of ETF and mutual fund asset allocation strategies, spending considerable time researching the ETF universe while closely monitoring the security selection within portfolios. Previously, he served as an investment analyst and associate portfolio manager for CLS Investments.
Michael joined CLS in 2017. He graduated with honors and high distinction from the University of Nebraska at Lincoln with a Bachelor of Science degree in finance and accounting. He is a CFA® charterholder and holds the FINRA Series 65 license. Michael is a member of the CFA® Society of Nebraska.

Performance

I Share Fund performance as of 12/31/2022

Annualized

MTD

QTD

YTD

1 Year

3 Years

5 Years

Since
Inception

Inception
Date

Gross
expense
ratio

Net
expense
ratio*

Destinations Small-Mid Cap Equity Fund

-5.00

7.36

-19.83

8.02

8.77

9.72

3/20/2017

1.11%

1.10%

Russell Mid Cap Index

-5.40

9.18

-17.32

5.86

7.07

8.30

Russell 2000 Index

-6.49

6.23

-20.44

3.09

4.11

5.61

Russell Mid Cap Index: A market cap weighted index that includes approximately the smallest 800 companies in the Russell 1000 Index.

Holdings

Security Description	Ticker Symbol	Security ID	Security Type Description	Quantity	Base Market Value	Percent TNA
US DOLLARS		CASHUSD	CURRENCY	22,660,394.8300	22,660,394.83	1.99
ONESPAWORLD HOLDINGS LTD		BJY21L2	COMMON STOCK	105,373.0000	1,221,273.07	.11
AXALTA COATING SYSTEMS LTD	AXTA	BSFWCF5	COMMON STOCK	110,748.0000	3,300,290.40	.29
RENAISSANCERE HOLDINGS LTD	RNR	G7496G103	COMMON STOCK	1,558.0000	334,814.20	.03
BRP INC/CA- SUB VOTING	DOOO	05577W200	COMMON STOCK	1,415.0000	122,340.90	.01
CAMECO CORP	CCJ	13321L108	COMMON STOCK	14,966.0000	409,170.44	.04
ENERGY FUELS INC	UUUU	292671708	COMMON STOCK	181,052.0000	1,214,858.92	.11
MASONITE INTERNATIONAL CORP	DOOR	575385109	COMMON STOCK	40,273.0000	3,576,242.40	.31
OSISKO GOLD ROYALTIES LTD	OR	68827L101	COMMON STOCK	10,148.0000	133,040.28	.01
SUNOPTA INC	STKL	8676EP108	COMMON STOCK	191,687.0000	1,472,156.16	.13
XENON PHARMACEUTICALS INC	XENE	98420N105	COMMON STOCK	214,063.0000	8,446,925.98	.74
STRUCTURE THERAPEUTICS INC		86366E106	COMMON STOCK	85,580.0000	2,187,424.80	.19
FABRINET	FN	B4JSZL8	COMMON STOCK	2,079.0000	253,367.73	.02
CREDO TECHNOLOGY GROUP HOLDI	CRDO	BLD13F2	COMMON STOCK	129,200.0000	1,370,812.00	.12
FTAI AVIATION LTD	FTAI	BLKFTK4	COMMON STOCK	103,444.0000	2,614,029.88	.23
AMBARELLA INC	AMBA	G037AX101	COMMON STOCK	2,126.0000	200,503.06	.02
EDAP TMS SA -ADR	EDAP	268311107	COMMON STOCK	144,471.0000	1,700,423.67	.15
WILLIS TOWERS WATSON PLC	WTW	BDB6Q21	COMMON STOCK	31,600.0000	7,405,776.00	.65
WEATHERFORD INTERNATIONAL PL	WFRD	BLNN369	COMMON STOCK	2,069.0000	137,836.78	.01
PERION NETWORK LTD	PERI	B0XWL09	COMMON STOCK	153,817.0000	5,189,785.58	.46
MONDAY.COM LTD	MNDY	BMHRYX8	COMMON STOCK	1,873.0000	289,790.56	.03
CYBERARK SOFTWARE LTD/ISRAEL	CYBR	BQT3XY6	COMMON STOCK	1,608.0000	232,790.16	.02
DHT HOLDINGS INC	DHT	B7JB336	COMMON STOCK	86,690.0000	1,003,003.30	.09
PLAYA HOTELS & RESORTS NV	PLYA	BD089F2	COMMON STOCK	344,537.0000	3,073,270.04	.27
MERUS NV	MRUS	BZBY005	COMMON STOCK	129,757.0000	2,474,465.99	.22
VECTIVBIO HOLDING AG	VECT	BMHR7S4	COMMON STOCK	74,031.0000	647,771.25	.06
INTERCONTINENTAL HOTELS-ADR	IHG	45857P806	COMMON STOCK	56,200.0000	3,869,932.00	.34
GATES INDUSTRIAL CORP PLC	GTES	BD9G2S1	COMMON STOCK	189,946.0000	2,666,841.84	.23
TECHNIPFMC PLC		BDSFG98	COMMON STOCK	19,953.0000	305,081.37	.03
AAON INC	AAON	000360206	COMMON STOCK	3,597.0000	327,183.12	.03
AAR CORP	AIR	000361105	COMMON STOCK	57,711.0000	3,138,901.29	.28
ACUMEN PHARMACEUTICALS INC	ABOS	00509G209	COMMON STOCK	103,254.0000	544,148.58	.05
AEHR TEST SYSTEMS	AEHR	00760J108	COMMON STOCK	150,837.0000	5,030,413.95	.44
AGILYSYS INC	AGYS	00847J105	COMMON STOCK	85,813.0000	6,857,316.83	.60
AIRSCULPT TECHNOLOGIES INC		009496100	COMMON STOCK	115,300.0000	755,215.00	.07
ALKAMI TECHNOLOGY INC		01644J108	COMMON STOCK	90,608.0000	1,391,738.88	.12
ATI INC	ATI	01741R102	COMMON STOCK	132,237.0000	5,375,434.05	.47
ALLEGRO MICROSYSTEMS INC	ALGM	01749D105	COMMON STOCK	5,199.0000	227,092.32	.02
ALLSTATE CORP	ALL	020002101	COMMON STOCK	70,900.0000	9,130,502.00	.80
ALPHATEC HOLDINGS INC		02081G201	COMMON STOCK	242,681.0000	3,594,105.61	.32
ALTRA INDUSTRIAL MOTION CORP	AIMC	02208R106	COMMON STOCK	68,577.0000	4,219,542.81	.37
AMEDISYS INC	AMED	023436108	COMMON STOCK	34,061.0000	3,131,908.95	.28
AMEREN CORPORATION	AEE	023608102	COMMON STOCK	119,800.0000	9,908,658.00	.87
AMERESCO INC-CL A	AMRC	02361E108	COMMON STOCK	2,224.0000	97,744.80	.01
AMERICAN EAGLE OUTFITTERS	AEO	02553E106	COMMON STOCK	175,716.0000	2,525,038.92	.22
AMERICAN HOMES 4 RENT- A	AMH	02665T306	REIT - Real Estate Invesment Trust	239,600.0000	7,432,392.00	.65
AMERICOLD REALTY TRUST INC	COLD	03064D108	REIT - Real Estate Invesment Trust	223,600.0000	6,573,840.00	.58
APELLIS PHARMACEUTICALS INC	APLS	03753U106	COMMON STOCK	15,172.0000	993,462.56	.09
APPLIED INDUSTRIAL TECH INC	AIT	03820C105	COMMON STOCK	2,012.0000	287,434.32	.03
ARHAUS INC		04035M102	COMMON STOCK	104,017.0000	1,509,286.67	.13
ARRAY TECHNOLOGIES INC	ARRY	04271T100	COMMON STOCK	90,598.0000	1,697,806.52	.15
ASHLAND INC	ASH	044186104	COMMON STOCK	53,000.0000	5,394,340.00	.47
ASPEN AEROGELS INC	ASPN	04523Y105	COMMON STOCK	179,771.0000	1,950,515.35	.17
ASTRIA THERAPEUTICS INC		04635X102	COMMON STOCK	116,447.0000	1,418,324.46	.12
AVERY DENNISON CORP	AVY	053611109	COMMON STOCK	27,000.0000	4,919,130.00	.43
AVIAT NETWORKS INC	AVNW	05366Y201	COMMON STOCK	57,759.0000	2,052,177.27	.18
AVIDITY BIOSCIENCES INC	RNA	05370A108	COMMON STOCK	58,834.0000	1,394,365.80	.12
AXCELIS TECHNOLOGIES INC	ACLS	054540208	COMMON STOCK	44,780.0000	5,756,021.20	.51
AXON ENTERPRISE INC	AXON	05464C101	COMMON STOCK	2,118.0000	424,256.58	.04
AXSOME THERAPEUTICS INC	AXSM	05464T104	COMMON STOCK	1,821.0000	124,173.99	.01
AZEK CO INC/THE	AZEK	05478C105	COMMON STOCK	118,446.0000	2,853,364.14	.25
BRP GROUP INC-A	BRP	05589G102	COMMON STOCK	83,103.0000	2,388,380.22	.21
BWX TECHNOLOGIES INC	BWXT	05605H100	COMMON STOCK	67,725.0000	4,138,674.75	.36
BADGER METER INC	BMI	056525108	COMMON STOCK	2,345.0000	285,198.90	.03
BAKER HUGHES CO	BKR	05722G100	COMMON STOCK	195,300.0000	5,976,180.00	.53
BANCORP INC/THE	TBBK	05969A105	COMMON STOCK	53,628.0000	1,854,992.52	.16
BANKUNITED INC	BKU	06652K103	COMMON STOCK	164,160.0000	5,814,547.20	.51
BELDEN INC	BDC	077454106	COMMON STOCK	39,752.0000	3,354,273.76	.29
BELLRING BRANDS INC	BRBR	07831C103	COMMON STOCK	9,711.0000	299,875.68	.03
BIOXCEL THERAPEUTICS INC	BTAI	09075P105	COMMON STOCK	68,773.0000	2,195,234.16	.19
BIOMEA FUSION INC	BMEA	09077A106	COMMON STOCK	71,309.0000	915,607.56	.08
BLACK HILLS CORP	BKH	092113109	COMMON STOCK	46,766.0000	2,871,900.06	.25
BOOT BARN HOLDINGS INC	BOOT	099406100	COMMON STOCK	28,670.0000	2,220,491.50	.20
BOYD GAMING CORP	BYD	103304101	COMMON STOCK	2,860.0000	186,271.80	.02
AZENTA INC	AZTA	114340102	COMMON STOCK	133,600.0000	5,863,704.00	.52
BROWN & BROWN INC	BRO	115236101	COMMON STOCK	93,000.0000	5,214,510.00	.46
CMS ENERGY CORP	CMS	125896100	COMMON STOCK	180,600.0000	10,649,982.00	.94
CTS CORP	CTS	126501105	COMMON STOCK	22,917.0000	992,535.27	.09
CABOT CORP	CBT	127055101	COMMON STOCK	32,251.0000	2,564,922.03	.23
CACI INTERNATIONAL INC -CL A	CACI	127190304	COMMON STOCK	16,239.0000	4,758,027.00	.42
CACTUS INC - A	WHD	127203107	COMMON STOCK	78,519.0000	3,607,948.05	.32
CALIX INC	CALX	13100M509	COMMON STOCK	19,882.0000	1,016,964.30	.09
TOPGOLF CALLAWAY BRANDS CORP	MODG	131193104	COMMON STOCK	151,953.0000	3,522,270.54	.31
CAPITAL ONE FINANCIAL CORP	COF	14040H105	COMMON STOCK	52,100.0000	5,683,068.00	.50
CARLISLE COS INC	CSL	142339100	COMMON STOCK	20,900.0000	5,396,798.00	.47
CARPENTER TECHNOLOGY	CRS	144285103	COMMON STOCK	3,385.0000	163,597.05	.01
CARTER'S INC	CRI	146229109	COMMON STOCK	17,063.0000	1,286,379.57	.11
CELSIUS HOLDINGS INC	CELH	15118V207	COMMON STOCK	23,266.0000	2,112,552.80	.19
CENTERPOINT ENERGY INC	CNP	15189T107	COMMON STOCK	347,500.0000	9,667,450.00	.85
CENTURY COMMUNITIES INC	CCS	156504300	COMMON STOCK	27,296.0000	1,632,573.76	.14
CHAMPIONX CORP	CHX-W	15872M104	COMMON STOCK	141,926.0000	4,338,677.82	.38
CHART INDUSTRIES INC	GTLS	16115Q308	COMMON STOCK	1,730.0000	230,955.00	.02
CHEESECAKE FACTORY INC/THE	CAKE	163072101	COMMON STOCK	63,315.0000	2,370,513.60	.21
CHEFS' WAREHOUSE INC/THE	CHEF	163086101	COMMON STOCK	28,163.0000	916,705.65	.08
CHESAPEAKE ENERGY CORP	CHK	165167735	COMMON STOCK	73,100.0000	5,907,211.00	.52
CHIMERA INVESTMENT CORP		16934Q208	REIT - Real Estate Invesment Trust	484,019.0000	3,141,283.31	.28
CHINOOK THERAPEUTICS INC	KDNY	16961L106	COMMON STOCK	132,451.0000	2,890,080.82	.25
CIRCOR INTERNATIONAL INC	CIR	17273K109	COMMON STOCK	90,411.0000	2,646,329.97	.23
CITY HOLDING CO	CHCO	177835105	COMMON STOCK	8,588.0000	843,341.60	.07
CLEAN HARBORS INC	CLH	184496107	COMMON STOCK	40,770.0000	5,384,493.90	.47
CLEAR SECURE INC -CLASS A		18467V109	COMMON STOCK	7,217.0000	221,850.58	.02
CLEARFIELD INC	CLFD	18482P103	COMMON STOCK	18,414.0000	1,154,373.66	.10
CLOROX COMPANY	CLX	189054109	COMMON STOCK	35,500.0000	5,518,120.00	.49
COLGATE-PALMOLIVE CO	CL	194162103	COMMON STOCK	82,200.0000	6,025,260.00	.53
COMFORT SYSTEMS USA INC	FIX	199908104	COMMON STOCK	2,749.0000	399,814.56	.04
CONSTELLATION BRANDS INC-A	STZ	21036P108	COMMON STOCK	30,800.0000	6,889,960.00	.61
CORE & MAIN INC-CLASS A		21874C102	COMMON STOCK	6,507.0000	151,678.17	.01
CORPORATE OFFICE PROPERTIES	OFC	22002T108	REIT - Real Estate Invesment Trust	127,974.0000	3,254,378.82	.29
CRINETICS PHARMACEUTICALS IN	CRNX	22663K107	COMMON STOCK	268,879.0000	5,280,783.56	.46
CROCS INC	CROX	227046109	COMMON STOCK	1,896.0000	230,762.16	.02
CROSS COUNTRY HEALTHCARE INC	CCRN	227483104	COMMON STOCK	59,780.0000	1,581,181.00	.14
CULLEN/FROST BANKERS INC	CFR	229899109	COMMON STOCK	42,000.0000	5,536,440.00	.49
CYTOKINETICS INC		23282W605	COMMON STOCK	34,800.0000	1,508,928.00	.13
DICE THERAPEUTICS INC		23345J104	COMMON STOCK	119,210.0000	3,557,226.40	.31
DAVE & BUSTER'S ENTERTAINMEN	PLAY	238337109	COMMON STOCK	21,595.0000	864,231.90	.08
DAY ONE BIOPHARMACEUTICALS I	DAWN	23954D109	COMMON STOCK	88,538.0000	1,630,869.96	.14
DENBURY INC	DEN	24790A101	COMMON STOCK	1,727.0000	143,979.99	.01
DIGI INTERNATIONAL INC	DGII	253798102	COMMON STOCK	118,470.0000	3,953,343.90	.35
DORMAN PRODUCTS INC	DORM	258278100	COMMON STOCK	38,473.0000	3,579,143.19	.31
DRIVEN BRANDS HOLDINGS INC	DRVN	26210V102	COMMON STOCK	5,476.0000	153,191.10	.01
DUCKHORN PORTFOLIO INC/THE		26414D106	COMMON STOCK	160,851.0000	2,452,977.75	.22
DYNAVAX TECHNOLOGIES CORP		268158201	COMMON STOCK	191,784.0000	1,975,375.20	.17
ELF BEAUTY INC	ELF	26856L103	COMMON STOCK	110,703.0000	8,275,049.25	.73
EQRX INC WT EX 04/09/2028		26886C115	WARRANTS	32,416.0000	8,055.38	.00
EMCOR GROUP INC	EME	29084Q100	COMMON STOCK	28,825.0000	4,820,116.50	.42
EMERSON ELECTRIC CO	EMR	291011104	COMMON STOCK	71,100.0000	5,880,681.00	.52
ENCOMPASS HEALTH CORP	EHC	29261A100	COMMON STOCK	99,018.0000	5,596,497.36	.49
ENERGY RECOVERY INC	ERII	29270J100	COMMON STOCK	53,075.0000	1,171,365.25	.10
ENERPAC TOOL GROUP CORP	EPAC	292765104	COMMON STOCK	82,627.0000	2,225,145.11	.20
ENGAGESMART INC		29283F103	COMMON STOCK	15,511.0000	326,351.44	.03
ENPRO INDUSTRIES INC	NPO	29355X107	COMMON STOCK	61,121.0000	6,570,507.50	.58
ENVISTA HOLDINGS CORP	NVST	29415F104	COMMON STOCK	100,915.0000	3,901,373.90	.34
EQUIFAX INC	EFX	294429105	COMMON STOCK	18,800.0000	3,807,564.00	.33
EVERCORE INC - A	EVR	29977A105	COMMON STOCK	1,202.0000	157,678.36	.01
EVERI HOLDINGS INC	EVRI	30034T103	COMMON STOCK	120,287.0000	2,284,250.13	.20
EVERQUOTE INC - CLASS A	EVER	30041R108	COMMON STOCK	228,752.0000	3,122,464.80	.27
EXELON CORP	EXC	30161N101	COMMON STOCK	138,900.0000	5,610,171.00	.49
EXLSERVICE HOLDINGS INC	EXLS	302081104	COMMON STOCK	26,566.0000	4,370,372.66	.38
EXPONENT INC	EXPO	30214U102	COMMON STOCK	1,680.0000	172,872.00	.02
EXTRA SPACE STORAGE INC	EXR	30225T102	REIT - Real Estate Invesment Trust	50,100.0000	8,248,965.00	.73
EXTREME NETWORKS INC	EXTR	30226D106	COMMON STOCK	175,543.0000	3,286,164.96	.29
FLYWIRE CORP-VOTING	FLYW	302492103	COMMON STOCK	82,464.0000	2,039,334.72	.18
FTI CONSULTING INC	FCN	302941109	COMMON STOCK	841.0000	154,500.11	.01
FASTLY INC - CLASS A	FSLY	31188V100	COMMON STOCK	110,592.0000	1,536,122.88	.14
FEDERAL SIGNAL CORP	FSS	313855108	COMMON STOCK	80,103.0000	4,227,035.31	.37
FIRST INTERSTATE BANCSYS-A	FIBK	32055Y201	COMMON STOCK	180,800.0000	6,425,632.00	.57
FIRST REPUBLIC BANK/CA	FRC	33616C100	COMMON STOCK	39,500.0000	4,858,895.00	.43
FLUOR CORP	FLR	343412102	COMMON STOCK	8,415.0000	308,578.05	.03
FOOT LOCKER INC	FL	344849104	COMMON STOCK	3,133.0000	136,974.76	.01
FORTIVE CORP	FTV	34959J108	COMMON STOCK	82,400.0000	5,492,784.00	.48
FORWARD AIR CORP	FWRD	349853101	COMMON STOCK	21,852.0000	2,255,344.92	.20
FOX FACTORY HOLDING CORP	FOXF	35138V102	COMMON STOCK	553.0000	64,977.50	.01
FULL HOUSE RESORTS INC	FLL	359678109	COMMON STOCK	120,936.0000	1,170,660.48	.10
GMS INC	GMS	36251C103	COMMON STOCK	26,417.0000	1,603,776.07	.14
GENERAL DYNAMICS CORP	GD	369550108	COMMON STOCK	24,900.0000	5,674,959.00	.50
GENTEX CORP	GNTX	371901109	COMMON STOCK	134,100.0000	3,828,555.00	.34
GENTHERM INC	THRM	37253A103	COMMON STOCK	35,253.0000	2,238,918.03	.20
GLOBAL PAYMENTS INC	GPN	37940X102	COMMON STOCK	42,400.0000	4,757,280.00	.42
GOODYEAR TIRE & RUBBER CO	GT	382550101	COMMON STOCK	175,943.0000	1,998,712.48	.18
GREEN PLAINS INC	GPRE	393222104	COMMON STOCK	56,576.0000	1,961,489.92	.17
GRID DYNAMICS HOLDINGS INC	GDYN	39813G109	COMMON STOCK	86,825.0000	1,011,511.25	.09
H&E EQUIPMENT SERVICES INC	HEES	404030108	COMMON STOCK	60,087.0000	3,334,828.50	.29
HAIN CELESTIAL GROUP INC	HAIN	405217100	COMMON STOCK	114,108.0000	2,034,545.64	.18
HALOZYME THERAPEUTICS INC	HALO	40637H109	COMMON STOCK	9,981.0000	478,988.19	.04
HARMONIC INC	HLIT	413160102	COMMON STOCK	667,333.0000	8,802,122.27	.77
HARSCO CORP	HSC	415864107	COMMON STOCK	129,220.0000	1,093,201.20	.10
HARTFORD FINANCIAL SVCS GRP	HIG	416515104	COMMON STOCK	74,500.0000	5,831,860.00	.51
HEALTHCARE REALTY TRUST INC		42226K105	REIT - Real Estate Invesment Trust	54,000.0000	1,053,000.00	.09
HELMERICH & PAYNE	HP	423452101	COMMON STOCK	54,810.0000	2,306,404.80	.20
HERC HOLDINGS INC	HRI	42704L104	COMMON STOCK	20,351.0000	2,922,200.09	.26
HESS CORP	HES	42809H107	COMMON STOCK	59,600.0000	8,028,120.00	.71
HEXCEL CORP	HXL	428291108	COMMON STOCK	46,153.0000	3,366,861.35	.30
HILLENBRAND INC	HI	431571108	COMMON STOCK	32,024.0000	1,509,611.36	.13
HIMS & HERS HEALTH INC	HIMS	433000106	COMMON STOCK	177,458.0000	1,999,951.66	.18
HOSTESS BRANDS INC	TWNK	44109J106	COMMON STOCK	134,044.0000	3,310,886.80	.29
HOWMET AEROSPACE INC	HWM	443201108	COMMON STOCK	125,500.0000	5,293,590.00	.47
HUMANA INC	HUM	444859102	COMMON STOCK	15,000.0000	7,425,300.00	.65
HURON CONSULTING GROUP INC	HURN	447462102	COMMON STOCK	122,662.0000	8,609,645.78	.76
ITT INC	ITT	45073V108	COMMON STOCK	53,869.0000	4,896,153.41	.43
IDACORP INC	IDA	451107106	COMMON STOCK	37,639.0000	3,891,872.60	.34
IMPINJ INC	PI	453204109	COMMON STOCK	57,877.0000	7,675,647.74	.67
INDEPENDENT BANK CORP/MA	INDB	453836108	COMMON STOCK	60,289.0000	4,803,827.52	.42
INDIE SEMICONDUCTOR INC-A	INDI	45569U101	COMMON STOCK	122,511.0000	1,281,465.06	.11
INGEVITY CORP	NGVT	45688C107	COMMON STOCK	46,929.0000	3,874,458.24	.34
INGREDION INCORPORATED	INGR	457187102	COMMON STOCK	44,809.0000	4,454,014.60	.39
INNOSPEC INC	IOSP	45768S105	COMMON STOCK	19,304.0000	2,113,015.84	.19
INSPIRE MEDICAL SYSTEMS INC	INSP	457730109	COMMON STOCK	14,371.0000	3,735,454.03	.33
INSTRUCTURE HOLDINGS INC		457790103	COMMON STOCK	5,499.0000	141,709.23	.01
INSTALLED BUILDING PRODUCTS	IBP	45780R101	COMMON STOCK	23,603.0000	2,723,314.14	.24
INTEGRA LIFESCIENCES HOLDING	IART	457985208	COMMON STOCK	87,538.0000	4,868,863.56	.43
INTER PARFUMS INC	IPAR	458334109	COMMON STOCK	1,822.0000	219,387.02	.02
INTERNATIONAL MONEY EXPRESS	IMXI	46005L101	COMMON STOCK	102,311.0000	2,614,046.05	.23
IRIDIUM COMMUNICATIONS INC	IRDM	46269C102	COMMON STOCK	7,272.0000	446,282.64	.04
ISHARES RUSSELL MID-CAP ETF	IWR	464287499	POOLED INVESTMENTS	441,499.0000	31,439,143.79	2.76
ISHARES RUSSELL 2000 VALUE E	IWN	464287630	POOLED INVESTMENTS	70,021.0000	10,405,120.60	.91
ISHARES RUSSELL 2000 ETF	IWM	464287655	POOLED INVESTMENTS	204,415.0000	38,466,814.70	3.38
I3 VERTICALS INC-CLASS A	IIIV	46571Y107	COMMON STOCK	64,899.0000	1,597,164.39	.14
IVERIC BIO INC	ISEE	46583P102	COMMON STOCK	85,051.0000	1,767,359.78	.16
KALVISTA PHARMACEUTICALS INC	KALV	483497103	COMMON STOCK	105,455.0000	772,985.15	.07
KARAT PACKAGING INC	KRT	48563L101	COMMON STOCK	108,316.0000	1,678,898.00	.15
KARUNA THERAPEUTICS INC	KRTX	48576A100	COMMON STOCK	664.0000	132,414.88	.01
KEMPER CORP	KMPR	488401100	COMMON STOCK	2,258.0000	139,092.80	.01
KINSALE CAPITAL GROUP INC	KNSL	49714P108	COMMON STOCK	1,781.0000	567,604.70	.05
KNIGHT-SWIFT TRANSPORTATION	KNX	499049104	COMMON STOCK	122,000.0000	6,934,480.00	.61
KORN FERRY	KFY	500643200	COMMON STOCK	61,628.0000	3,444,388.92	.30
KROGER CO	KR	501044101	COMMON STOCK	161,700.0000	6,975,738.00	.61
KRYSTAL BIOTECH INC	KRYS	501147102	COMMON STOCK	590.0000	48,326.90	.00
KURA SUSHI USA INC-CLASS A		501270102	COMMON STOCK	30,579.0000	1,914,856.98	.17
L3HARRIS TECHNOLOGIES INC	LHX	502431109	COMMON STOCK	31,800.0000	6,715,842.00	.59
LANCASTER COLONY CORP	LANC	513847103	COMMON STOCK	14,307.0000	2,746,657.86	.24
LENNAR CORP-A	LEN	526057104	COMMON STOCK	55,500.0000	5,369,070.00	.47
LIVENT CORP	LTHM	53814L108	COMMON STOCK	229,177.0000	5,374,200.65	.47
LUMENTUM HOLDINGS INC	LITE	55024U109	COMMON STOCK	63,213.0000	3,401,491.53	.30
MGIC INVESTMENT CORP	MTG	552848103	COMMON STOCK	191,890.0000	2,640,406.40	.23
MGP INGREDIENTS INC	MGPI	55303J106	COMMON STOCK	44,201.0000	4,483,749.44	.39
MSA SAFETY INC		553498106	COMMON STOCK	814.0000	109,360.90	.01
MYR GROUP INC/DELAWARE	MYRG	55405W104	COMMON STOCK	27,496.0000	3,316,292.56	.29
MACOM TECHNOLOGY SOLUTIONS	MTSI	55405Y100	COMMON STOCK	25,620.0000	1,755,994.80	.15
MACY'S INC	M	55616P104	COMMON STOCK	252,800.0000	5,172,288.00	.45
STEVEN MADDEN LTD	SHOO	556269108	COMMON STOCK	85,923.0000	3,119,004.90	.27
MAGNITE INC	MGNI	55955D100	COMMON STOCK	125,520.0000	1,397,037.60	.12
MARTIN MARIETTA MATERIALS	MLM	573284106	COMMON STOCK	18,100.0000	6,513,647.00	.57
MARVELL TECHNOLOGY INC	MRVL	573874104	COMMON STOCK	129,800.0000	5,860,470.00	.52
MATADOR RESOURCES CO	MTDR	576485205	COMMON STOCK	40,634.0000	2,185,702.86	.19
MCGRATH RENTCORP	MGRC	580589109	COMMON STOCK	28,648.0000	2,946,160.32	.26
MERITAGE HOMES CORP	MTH	59001A102	COMMON STOCK	1,258.0000	137,411.34	.01
MINERALYS THERAPEUTICS INC	MLYS	603170101	COMMON STOCK	46,314.0000	823,462.92	.07
MODEL N INC	MODN	607525102	COMMON STOCK	42,429.0000	1,408,642.80	.12
MODINE MANUFACTURING CO	MOD	607828100	COMMON STOCK	120,585.0000	2,943,479.85	.26
MONTROSE ENVIRONMENTAL GROUP	MEG	615111101	COMMON STOCK	94,807.0000	4,616,152.83	.41
MORPHIC HOLDING INC	MORF	61775R105	COMMON STOCK	52,920.0000	2,250,158.40	.20
MOTOROLA SOLUTIONS INC	MSI	620076307	COMMON STOCK	15,000.0000	3,942,150.00	.35
MURPHY USA INC	MUSA	626755102	COMMON STOCK	17,746.0000	4,526,827.14	.40
NMI HOLDINGS INC-CLASS A	NMIH	629209305	COMMON STOCK	84,362.0000	1,969,009.08	.17
NV5 GLOBAL INC	NVEE	62945V109	COMMON STOCK	18,157.0000	1,910,479.54	.17
NAPCO SECURITY TECHNOLOGIES INC	NSSC	630402105	COMMON STOCK	46,082.0000	1,456,191.20	.13
NATIONAL INSTRUMENTS CORP	NATI	636518102	COMMON STOCK	98,444.0000	4,972,406.44	.44
NATIONAL STORAGE AFFILIATES	NSA	637870106	REIT - Real Estate Invesment Trust	91,972.0000	3,890,415.60	.34
NERDWALLET INC-CL A	NRDS	64082B102	COMMON STOCK	74,275.0000	1,533,036.00	.13
NEWMARK GROUP INC-CLASS A	NMRK	65158N102	COMMON STOCK	415,887.0000	3,335,413.74	.29
NUVALENT INC-A		670703107	COMMON STOCK	138,106.0000	4,183,230.74	.37
NUVASIVE INC	NUVA	670704105	COMMON STOCK	55,981.0000	2,420,058.63	.21
O-I GLASS INC	OI	67098H104	COMMON STOCK	163,971.0000	3,643,435.62	.32
OCEANEERING INTL INC	OII	675232102	COMMON STOCK	31,414.0000	656,238.46	.06
OLD NATIONAL BANCORP	ONB	680033107	COMMON STOCK	248,698.0000	4,394,493.66	.39
OPTION CARE HEALTH INC	OPCH	68404L201	COMMON STOCK	4,094.0000	125,562.98	.01
OXFORD INDUSTRIES INC	OXM	691497309	COMMON STOCK	16,955.0000	1,994,077.55	.18
PDC ENERGY INC	PDCE	69327R101	COMMON STOCK	76,036.0000	5,102,775.96	.45
PDF SOLUTIONS INC	PDFS	693282105	COMMON STOCK	14,521.0000	543,666.24	.05
PNC FINANCIAL SERVICES GROUP	PNC	693475105	COMMON STOCK	44,700.0000	7,059,024.00	.62
PPG INDUSTRIES INC	PPG	693506107	COMMON STOCK	59,600.0000	7,870,776.00	.69
PPL CORP	PPL	69351T106	COMMON STOCK	395,000.0000	10,692,650.00	.94
PACWEST BANCORP	PACW	695263103	COMMON STOCK	110,152.0000	3,056,718.00	.27
PAR PACIFIC HOLDINGS INC	PARR	69888T207	COMMON STOCK	29,204.0000	811,287.12	.07
PARKER HANNIFIN CORP	PH	701094104	COMMON STOCK	12,900.0000	4,538,865.00	.40
PAYLOCITY HOLDING CORP	PCTY	70438V106	COMMON STOCK	1,265.0000	243,651.65	.02
PAYONEER GLOBAL INC	PAYO	70451X104	COMMON STOCK	280,160.0000	1,624,928.00	.14
RANGER OIL CORP-A	ROCC	70788V102	COMMON STOCK	54,010.0000	2,241,415.00	.20
PERFORMANCE FOOD GROUP CO	PFGC	71377A103	COMMON STOCK	70,578.0000	3,994,009.02	.35
PERFORMANT FINANCIAL CORP	PFMT	71377E105	COMMON STOCK	254,978.0000	831,228.28	.07
PERKINELMER INC	PKI	714046109	COMMON STOCK	69,300.0000	8,632,701.00	.76
PHREESIA INC	PHR	71944F106	COMMON STOCK	78,374.0000	2,884,163.20	.25
PINNACLE FINANCIAL PARTNERS	PNFP	72346Q104	COMMON STOCK	65,954.0000	4,886,531.86	.43
PLEXUS CORP	PLXS	729132100	COMMON STOCK	1,156.0000	110,848.84	.01
PORTILLO'S INC-CL A		73642K106	COMMON STOCK	57,968.0000	1,317,032.96	.12
PORTLAND GENERAL ELECTRIC CO	POR	736508847	COMMON STOCK	129,209.0000	6,176,190.20	.54
PREMIER INC-CLASS A	PINC	74051N102	COMMON STOCK	73,841.0000	2,376,941.79	.21
PRESTIGE CONSUMER HEALTHCARE	PBH	74112D101	COMMON STOCK	111,821.0000	6,737,215.25	.59
PRIMERICA INC	PRI	74164M108	COMMON STOCK	32,131.0000	6,167,224.14	.54
PROCEPT BIOROBOTICS CORP	PRCT	74276L105	COMMON STOCK	89,200.0000	3,340,540.00	.29
PROFRAC HOLDING CORP-A	ACDC	74319N100	COMMON STOCK	6,248.0000	119,524.24	.01
PROMETHEUS BIOSCIENCES INC	RXDX	74349U108	COMMON STOCK	37,807.0000	4,627,198.73	.41
QUANTA SERVICES INC	PWR	74762E102	COMMON STOCK	20,700.0000	3,340,980.00	.29
RAMBUS INC	RMBS	750917106	COMMON STOCK	2,823.0000	124,861.29	.01
REAL GOOD FOOD CO INC/THE		75601G109	COMMON STOCK	132,821.0000	512,689.06	.05
REGAL REXNORD CORP	RRX	758750103	COMMON STOCK	32,229.0000	5,080,579.56	.45
RELAY THERAPEUTICS INC	RLAY	75943R102	COMMON STOCK	65,970.0000	1,065,415.50	.09
REPUBLIC SERVICES INC	RSG	760759100	COMMON STOCK	44,800.0000	5,776,064.00	.51
REVOLUTION MEDICINES INC	RVMD	76155X100	COMMON STOCK	39,555.0000	1,058,491.80	.09
REXFORD INDUSTRIAL REALTY IN	REXR	76169C100	REIT - Real Estate Invesment Trust	119,800.0000	7,243,108.00	.64
ROCKWELL AUTOMATION INC	ROK	773903109	COMMON STOCK	14,000.0000	4,129,020.00	.36
RXSIGHT INC	RXST	78349D107	COMMON STOCK	88,190.0000	1,209,966.80	.11
SBA COMMUNICATIONS CORP	SBAC	78410G104	REIT - Real Estate Invesment Trust	31,500.0000	8,169,525.00	.72
SPS COMMERCE INC	SPSC	78463M107	COMMON STOCK	1,637.0000	246,597.68	.02
SPX TECHNOLOGIES INC	SPXC	78473E103	COMMON STOCK	3,797.0000	267,460.68	.02
SAIA INC	SAIA	78709Y105	COMMON STOCK	1,100.0000	297,957.00	.03
SELECT ENERGY SERVICES INC-A	WTTR	81617J301	COMMON STOCK	195,608.0000	1,451,411.36	.13
SHERWIN-WILLIAMS CO/THE	SHW	824348106	COMMON STOCK	33,200.0000	7,348,820.00	.65
SHIFT4 PAYMENTS INC-CLASS A	FOUR	82452J109	COMMON STOCK	2,942.0000	189,759.00	.02
SHOALS TECHNOLOGIES GROUP -A	SHLS	82489W107	COMMON STOCK	109,956.0000	2,698,320.24	.24
SHYFT GROUP INC/THE	SHYF	825698103	COMMON STOCK	105,869.0000	2,745,183.17	.24
SILGAN HOLDINGS INC	SLGN	827048109	COMMON STOCK	37,476.0000	2,001,218.40	.18
SITEONE LANDSCAPE SUPPLY INC	SITE	82982L103	COMMON STOCK	1,328.0000	196,995.52	.02
SKYLINE CHAMPION CORP	SKY	830830105	COMMON STOCK	2,811.0000	192,300.51	.02
SKYWORKS SOLUTIONS INC	SWKS	83088M102	COMMON STOCK	51,900.0000	5,790,483.00	.51
SKYWATER TECHNOLOGY INC	SKYT	83089J108	COMMON STOCK	79,549.0000	1,044,478.37	.09
SOVOS BRANDS INC	SOVO	84612U107	COMMON STOCK	124,678.0000	1,629,541.46	.14
SPIRE INC	SR	84857L101	COMMON STOCK	34,007.0000	2,394,092.80	.21
SPRINGWORKS THERAPEUTICS INC	SWTX	85205L107	COMMON STOCK	58,188.0000	1,856,197.20	.16
SPROUT SOCIAL INC - CLASS A	SPT	85209W109	COMMON STOCK	4,281.0000	261,055.38	.02
STAG INDUSTRIAL INC	STAG	85254J102	REIT - Real Estate Invesment Trust	148,777.0000	5,004,858.28	.44
STANDEX INTERNATIONAL CORP	SXI	854231107	COMMON STOCK	32,544.0000	3,764,689.92	.33
STERLING INFRASTRUCTURE INC	STRL	859241101	COMMON STOCK	75,697.0000	2,911,306.62	.26
STRIDE INC	LRN	86333M108	COMMON STOCK	47,184.0000	2,003,904.48	.18
SUN COUNTRY AIRLINES HOLDING	SNCY	866683105	COMMON STOCK	100,150.0000	2,008,007.50	.18
SUPER MICRO COMPUTER INC	SMCI	86800U104	COMMON STOCK	5,420.0000	530,997.40	.05
SYNAPTICS INC	SYNA	87157D109	COMMON STOCK	1,334.0000	156,891.74	.01
TEGNA INC	TGNA	87901J105	COMMON STOCK	104,369.0000	1,816,020.60	.16
TENABLE HOLDINGS INC	TENB	88025T102	COMMON STOCK	4,431.0000	195,983.13	.02
TERNS PHARMACEUTICALS INC	TERN	880881107	COMMON STOCK	85,400.0000	865,102.00	.08
TETRA TECH INC	TTEK	88162G103	COMMON STOCK	1,731.0000	236,956.59	.02
TEXAS ROADHOUSE INC	TXRH	882681109	COMMON STOCK	2,813.0000	285,632.02	.03
TG THERAPEUTICS INC	TGTX	88322Q108	COMMON STOCK	9,275.0000	148,585.50	.01
BEAUTY HEALTH CO/THE	SKIN	88331L108	COMMON STOCK	101,560.0000	1,280,671.60	.11
TITAN INTERNATIONAL INC	TWI	88830M102	COMMON STOCK	154,725.0000	1,920,137.25	.17
TRANSMEDICS GROUP INC	TMDX	89377M109	COMMON STOCK	105,594.0000	8,454,911.58	.74
TREACE MEDICAL CONCEPTS INC	TMCI	89455T109	COMMON STOCK	141,114.0000	3,028,306.44	.27
TREEHOUSE FOODS INC	THS	89469A104	COMMON STOCK	108,851.0000	5,310,840.29	.47
TRIUMPH FINANCIAL INC	TFIN	89679E300	COMMON STOCK	17,615.0000	1,071,872.75	.09
UMPQUA HOLDINGS CORP	UMPQ	904214103	COMMON STOCK	321,186.0000	5,672,144.76	.50
UNIVERSAL HEALTH SERVICES-B	UHS	913903100	COMMON STOCK	49,000.0000	6,544,930.00	.58
UNIVEST CORP OF PENNSYLVANIA	UVSP	915271100	COMMON STOCK	111,431.0000	3,142,354.20	.28
URANIUM ENERGY CORP	UEC	916896103	COMMON STOCK	776,334.0000	2,872,435.80	.25
URBAN OUTFITTERS INC	URBN	917047102	COMMON STOCK	89,012.0000	2,398,873.40	.21
UTZ BRANDS INC	UTZ	918090101	COMMON STOCK	60,993.0000	1,000,285.20	.09
VALMONT INDUSTRIES	VMI	920253101	COMMON STOCK	15,366.0000	4,876,092.78	.43
VALVOLINE INC	VVV	92047W101	COMMON STOCK	113,382.0000	3,991,046.40	.35
VAXCYTE INC	PCVX	92243G108	COMMON STOCK	92,913.0000	3,806,645.61	.33
VENTYX BIOSCIENCES INC	VTYX	92332V107	COMMON STOCK	117,431.0000	5,078,890.75	.45
VERACYTE INC	VCYT	92337F107	COMMON STOCK	74,911.0000	1,843,559.71	.16
VIAVI SOLUTIONS INC	VIAV	925550105	COMMON STOCK	341,761.0000	3,738,865.34	.33
VIRIDIAN THERAPEUTICS INC	VRDN	92790C104	COMMON STOCK	67,609.0000	2,214,870.84	.19
VISTEON CORP	VC	92839U206	COMMON STOCK	3,601.0000	601,511.04	.05
VITA COCO CO INC/THE		92846Q107	COMMON STOCK	165,362.0000	2,796,271.42	.25
VITAL FARMS INC	VITL	92847W103	COMMON STOCK	181,199.0000	2,928,175.84	.26
WABASH NATIONAL CORP	WNC	929566107	COMMON STOCK	172,826.0000	4,735,432.40	.42
WESTERN ALLIANCE BANCORP	WAL	957638109	COMMON STOCK	86,400.0000	6,414,336.00	.56
WILLSCOT MOBILE MINI HOLDING		971378104	COMMON STOCK	10,607.0000	545,199.80	.05
WINGSTOP INC	WING	974155103	COMMON STOCK	2,346.0000	399,641.10	.04
WINTRUST FINANCIAL CORP	WTFC	97650W108	COMMON STOCK	76,058.0000	7,007,223.54	.62
WORLD WRESTLING ENTERTAIN-A	WWE	98156Q108	COMMON STOCK	1,473.0000	123,732.00	.01
XPEL INC	XPEL	98379L100	COMMON STOCK	46,444.0000	3,102,923.64	.27
XCEL ENERGY INC	XEL	98389B100	COMMON STOCK	148,600.0000	9,595,102.00	.84
XPONENTIAL FITNESS INC-A		98422X101	COMMON STOCK	213,929.0000	5,431,657.31	.48
XOMETRY INC-A		98423F109	COMMON STOCK	94,209.0000	2,864,895.69	.25
YETI HOLDINGS INC	YETI	98585X104	COMMON STOCK	34,267.0000	1,335,727.66	.12
ZIMMER BIOMET HOLDINGS INC	ZBH	98956P102	COMMON STOCK	74,900.0000	9,277,863.00	.82
BIOHAVEN LTD	BHVN-W	BPLZ7S5	COMMON STOCK	78,850.0000	1,204,828.00	.11
ESTABLISHMENT LABS HOLDINGS		BYVR2D4	COMMON STOCK	31,804.0000	2,279,074.64	.20

As of 02/28/2023.

Distributions

Fund Name	Fund Cusip	Distribution Type	Amount per Share	Ex Date	Reinvest Date	Reinvest Price
Destinations Small-Mid Cap Equity Fund	10964R202	Short-Term Capital Gains	0.007805	12/15/2022	12/15/2022	$11.34
Destinations Small-Mid Cap Equity Fund	10964R202	Long-Term Capital Gains	0.396520	12/15/2022	12/15/2022	$11.34
Destinations Small-Mid Cap Equity Fund	10964R202	Short-Term Capital Gains	1.891249	12/16/2021	12/16/2021	$13.90
Destinations Small-Mid Cap Equity Fund	10964R202	Long-Term Capital Gains	2.110002	12/16/2021	12/16/2021	$13.90
Destinations Small-Mid Cap Equity Fund	10964R202	Dividend	0.004589	12/16/2020	12/16/2020	$14.35
Destinations Small-Mid Cap Equity Fund	10964R202	Short-Term Capital Gains	0.161806	12/16/2020	12/16/2020	$14.35
Destinations Small-Mid Cap Equity Fund	10964R202	Long-Term Capital Gains	0.138242	12/16/2020	12/16/2020	$14.35
Destinations Small-Mid Cap Equity Fund	10964R202	Dividend	0.062427	12/16/2019	12/16/2019	$12.03
Destinations Small-Mid Cap Equity Fund	10964R202	Short-Term Capital Gains	0.070163	12/16/2019	12/16/2019	$12.03
Destinations Small-Mid Cap Equity Fund	10964R202	Long-Term Capital Gains	0.361454	12/16/2019	12/16/2019	$12.03
Destinations Small-Mid Cap Equity Fund	10964R202	Dividend	0.054748	12/17/2018	12/17/2018	$9.92
Destinations Small-Mid Cap Equity Fund	10964R202	Short-Term Capital Gains	0.357012	12/17/2018	12/17/2018	$9.92
Destinations Small-Mid Cap Equity Fund	10964R202	Long-Term Capital Gains	0.167244	12/17/2018	12/17/2018	$9.92
Destinations Small-Mid Cap Equity Fund	10964R202	Dividend	0.043013	12/15/2017	12/15/2017	$11.02
Destinations Small-Mid Cap Equity Fund	10964R202	Short-Term Capital Gains	0.059872	12/15/2017	12/15/2017	$11.02

Fees and expenses

Type	Amount
Management Fees	0.90%
Distribution and Service (12b-1) Fees	None
Other Expenses	0.21%
AFFE	None
Total Annual Fund Operating Expenses	1.11%
Fee waivers and expense reimbursements	-0.01%
Total Annual Fund Operating Expenses Less Fee Waivers and Expense Reimbursements	1.10%*

Overview

The Destinations Small-Mid Cap Equity Fund seeks to provide long-term capital appreciation and invests primarily in small and mid-cap equity securities.

Employing a multi-manager approach, the Fund currently allocates assets among the following sub-advisers:

Ceredex Value Advisors LLC is the sub-adviser of Ceredex Mid-Cap Value which employes a disciplined and methodical bottom-up stock selection process with an emphasis on dividends, valuation and fundamentals.
Driehaus Capital Management LLC is the sub-adviser of Driehaus Micro Cap Growth and Driehaus Small Cap Growth, which focus on micro and small cap companies with company-specific growth inflection points.
Leeward Investments, LLC is the sub-adviser of the Leeward Small Cap Value Strategy which employs a classic value approach with an emphasis on purchasing high quality companies at a discount to intrinsic value.

Z Share Fund performance as of 12/31/2022

Annualized

MTD

QTD

YTD

1 Year

3 Years

5 Years

Since
Inception

Destinations Small-Mid Cap Equity Fund

-5.00

7.36

-19.83

8.02

8.77

9.72

Russell Mid Cap Index

-5.40

9.18

-17.32

5.86

7.07

8.30

Russell 2000 Index

-6.49

6.23

-20.44

3.09

4.11

5.61

Russell Mid Cap Index: A market cap weighted index that includes approximately the smallest 800 companies in the Russell 1000 Index.

Russell 2000 Index: A market cap weighted index that includes the smallest 2,000 companies in the Russell 3000 universe of US-based listed equities.

An investment in the Destinations Small-Mid Cap Equity Fund is subject to risk, including the possible loss of principal amount invested.

Liquidity risk refers to the possibility that securities cannot be readily sold within seven days at approximately the price at which the Fund has valued them.

Fund facts

Ticker: DSMZX
CUSIP: 10964R855
Benchmark: Russell Mid Cap Index, Russell 2000 Index
Inception date: 07/16/2018
Gross expense ratio: 0.96%
Net expense ratio: 0.95%*

Daily NAV

Date:

03/29/2023

NAV:
$8.27
NAV change:
$0.10
Total assets ($m):
$84.2

Quick links

Management team

Brian Storey CFA, Head of Discretionary Portfolios, Brinker Capital Investments
Brian Storey is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he has portfolio management responsibilities for Brinker Capital’s Destinations program. Brian is involved in all aspects of the investment process for these multi-asset class portfolio solutions, including asset allocation, portfolio construction, manager research, and due diligence.
Prior to joining Brinker Capital, Brian was a Senior Portfolio Manager at First Citizens Bank where he oversaw portfolio construction for the globally-diversified investment strategies utilized by the firm’s private wealth and institutional clients. Previously, he served in various leadership and operational roles during his five years as an officer in the U.S. Coast Guard.
Brian graduated from the United States Coast Guard Academy with a Bachelor of Science in management and earned his Master of Business Administration from Duke University’s Fuqua School of Business where he graduated as a Fuqua scholar. Brian is a CFA® charterholder and holds the FINRA Series 65 designation. He is a member of the CFA® Institute and the CFA® Society North Carolina.
Grant Engelbart CFA, CAIA, Senior Portfolio Manager, Brinker Capital Investments
Grant Engelbart is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he manages several ETF and mutual fund separate account strategies. He serves on several committees across Brinker Capital’s parent company, Orion Advisor Solutions. Grant first joined Orion in 2007 and returned to the company in 2009. He held several roles in trading and investment research before accepting the role of portfolio manager in 2013.
Prior to joining Brinker Capital Investments, Grant held positions at CLS Investments (which has since rebranded to Brinker Capital Investments), TD Ameritrade, and State Street Corporation. Grant received his Bachelor of Science in finance from the University of Nebraska at Lincoln. He is a CFA® charterholder, holds the Chartered Alternative Investment Analyst (CAIA) designation, and FINRA Series 65 license. He is a member of the CFA® Society of Nebraska and the CAIA Chicago chapter. In 2018, Grant was named one of the Top Ten Money Managers to Watch by Money Management Executive.
Michael Hadden CFA, Portfolio Manager, Brinker Capital Investments
Michael Hadden is a portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he co-manages a variety of ETF and mutual fund asset allocation strategies, spending considerable time researching the ETF universe while closely monitoring the security selection within portfolios. Previously, he served as an investment analyst and associate portfolio manager for CLS Investments.
Michael joined CLS in 2017. He graduated with honors and high distinction from the University of Nebraska at Lincoln with a Bachelor of Science degree in finance and accounting. He is a CFA® charterholder and holds the FINRA Series 65 license. Michael is a member of the CFA® Society of Nebraska.

Performance

Z Share Fund performance as of 12/31/2022

Annualized

MTD

QTD

YTD

1 Year

3 Years

5 Years

Since
Inception

Inception
Date

Gross
expense
ratio

Net
expense
ratio*

Destinations Small-Mid Cap Equity Fund

-5.00

7.36

-19.83

8.02

8.77

9.72

3/20/2017

1.11%

1.10%

Russell Mid Cap Index

-5.40

9.18

-17.32

5.86

7.07

8.30

Russell 2000 Index

-6.49

6.23

-20.44

3.09

4.11

5.61

Russell Mid Cap Index: A market cap weighted index that includes approximately the smallest 800 companies in the Russell 1000 Index.

Holdings

Security Description	Ticker Symbol	Security ID	Security Type Description	Quantity	Base Market Value	Percent TNA
US DOLLARS		CASHUSD	CURRENCY	22,660,394.8300	22,660,394.83	1.99
ONESPAWORLD HOLDINGS LTD		BJY21L2	COMMON STOCK	105,373.0000	1,221,273.07	.11
AXALTA COATING SYSTEMS LTD	AXTA	BSFWCF5	COMMON STOCK	110,748.0000	3,300,290.40	.29
RENAISSANCERE HOLDINGS LTD	RNR	G7496G103	COMMON STOCK	1,558.0000	334,814.20	.03
BRP INC/CA- SUB VOTING	DOOO	05577W200	COMMON STOCK	1,415.0000	122,340.90	.01
CAMECO CORP	CCJ	13321L108	COMMON STOCK	14,966.0000	409,170.44	.04
ENERGY FUELS INC	UUUU	292671708	COMMON STOCK	181,052.0000	1,214,858.92	.11
MASONITE INTERNATIONAL CORP	DOOR	575385109	COMMON STOCK	40,273.0000	3,576,242.40	.31
OSISKO GOLD ROYALTIES LTD	OR	68827L101	COMMON STOCK	10,148.0000	133,040.28	.01
SUNOPTA INC	STKL	8676EP108	COMMON STOCK	191,687.0000	1,472,156.16	.13
XENON PHARMACEUTICALS INC	XENE	98420N105	COMMON STOCK	214,063.0000	8,446,925.98	.74
STRUCTURE THERAPEUTICS INC		86366E106	COMMON STOCK	85,580.0000	2,187,424.80	.19
FABRINET	FN	B4JSZL8	COMMON STOCK	2,079.0000	253,367.73	.02
CREDO TECHNOLOGY GROUP HOLDI	CRDO	BLD13F2	COMMON STOCK	129,200.0000	1,370,812.00	.12
FTAI AVIATION LTD	FTAI	BLKFTK4	COMMON STOCK	103,444.0000	2,614,029.88	.23
AMBARELLA INC	AMBA	G037AX101	COMMON STOCK	2,126.0000	200,503.06	.02
EDAP TMS SA -ADR	EDAP	268311107	COMMON STOCK	144,471.0000	1,700,423.67	.15
WILLIS TOWERS WATSON PLC	WTW	BDB6Q21	COMMON STOCK	31,600.0000	7,405,776.00	.65
WEATHERFORD INTERNATIONAL PL	WFRD	BLNN369	COMMON STOCK	2,069.0000	137,836.78	.01
PERION NETWORK LTD	PERI	B0XWL09	COMMON STOCK	153,817.0000	5,189,785.58	.46
MONDAY.COM LTD	MNDY	BMHRYX8	COMMON STOCK	1,873.0000	289,790.56	.03
CYBERARK SOFTWARE LTD/ISRAEL	CYBR	BQT3XY6	COMMON STOCK	1,608.0000	232,790.16	.02
DHT HOLDINGS INC	DHT	B7JB336	COMMON STOCK	86,690.0000	1,003,003.30	.09
PLAYA HOTELS & RESORTS NV	PLYA	BD089F2	COMMON STOCK	344,537.0000	3,073,270.04	.27
MERUS NV	MRUS	BZBY005	COMMON STOCK	129,757.0000	2,474,465.99	.22
VECTIVBIO HOLDING AG	VECT	BMHR7S4	COMMON STOCK	74,031.0000	647,771.25	.06
INTERCONTINENTAL HOTELS-ADR	IHG	45857P806	COMMON STOCK	56,200.0000	3,869,932.00	.34
GATES INDUSTRIAL CORP PLC	GTES	BD9G2S1	COMMON STOCK	189,946.0000	2,666,841.84	.23
TECHNIPFMC PLC		BDSFG98	COMMON STOCK	19,953.0000	305,081.37	.03
AAON INC	AAON	000360206	COMMON STOCK	3,597.0000	327,183.12	.03
AAR CORP	AIR	000361105	COMMON STOCK	57,711.0000	3,138,901.29	.28
ACUMEN PHARMACEUTICALS INC	ABOS	00509G209	COMMON STOCK	103,254.0000	544,148.58	.05
AEHR TEST SYSTEMS	AEHR	00760J108	COMMON STOCK	150,837.0000	5,030,413.95	.44
AGILYSYS INC	AGYS	00847J105	COMMON STOCK	85,813.0000	6,857,316.83	.60
AIRSCULPT TECHNOLOGIES INC		009496100	COMMON STOCK	115,300.0000	755,215.00	.07
ALKAMI TECHNOLOGY INC		01644J108	COMMON STOCK	90,608.0000	1,391,738.88	.12
ATI INC	ATI	01741R102	COMMON STOCK	132,237.0000	5,375,434.05	.47
ALLEGRO MICROSYSTEMS INC	ALGM	01749D105	COMMON STOCK	5,199.0000	227,092.32	.02
ALLSTATE CORP	ALL	020002101	COMMON STOCK	70,900.0000	9,130,502.00	.80
ALPHATEC HOLDINGS INC		02081G201	COMMON STOCK	242,681.0000	3,594,105.61	.32
ALTRA INDUSTRIAL MOTION CORP	AIMC	02208R106	COMMON STOCK	68,577.0000	4,219,542.81	.37
AMEDISYS INC	AMED	023436108	COMMON STOCK	34,061.0000	3,131,908.95	.28
AMEREN CORPORATION	AEE	023608102	COMMON STOCK	119,800.0000	9,908,658.00	.87
AMERESCO INC-CL A	AMRC	02361E108	COMMON STOCK	2,224.0000	97,744.80	.01
AMERICAN EAGLE OUTFITTERS	AEO	02553E106	COMMON STOCK	175,716.0000	2,525,038.92	.22
AMERICAN HOMES 4 RENT- A	AMH	02665T306	REIT - Real Estate Invesment Trust	239,600.0000	7,432,392.00	.65
AMERICOLD REALTY TRUST INC	COLD	03064D108	REIT - Real Estate Invesment Trust	223,600.0000	6,573,840.00	.58
APELLIS PHARMACEUTICALS INC	APLS	03753U106	COMMON STOCK	15,172.0000	993,462.56	.09
APPLIED INDUSTRIAL TECH INC	AIT	03820C105	COMMON STOCK	2,012.0000	287,434.32	.03
ARHAUS INC		04035M102	COMMON STOCK	104,017.0000	1,509,286.67	.13
ARRAY TECHNOLOGIES INC	ARRY	04271T100	COMMON STOCK	90,598.0000	1,697,806.52	.15
ASHLAND INC	ASH	044186104	COMMON STOCK	53,000.0000	5,394,340.00	.47
ASPEN AEROGELS INC	ASPN	04523Y105	COMMON STOCK	179,771.0000	1,950,515.35	.17
ASTRIA THERAPEUTICS INC		04635X102	COMMON STOCK	116,447.0000	1,418,324.46	.12
AVERY DENNISON CORP	AVY	053611109	COMMON STOCK	27,000.0000	4,919,130.00	.43
AVIAT NETWORKS INC	AVNW	05366Y201	COMMON STOCK	57,759.0000	2,052,177.27	.18
AVIDITY BIOSCIENCES INC	RNA	05370A108	COMMON STOCK	58,834.0000	1,394,365.80	.12
AXCELIS TECHNOLOGIES INC	ACLS	054540208	COMMON STOCK	44,780.0000	5,756,021.20	.51
AXON ENTERPRISE INC	AXON	05464C101	COMMON STOCK	2,118.0000	424,256.58	.04
AXSOME THERAPEUTICS INC	AXSM	05464T104	COMMON STOCK	1,821.0000	124,173.99	.01
AZEK CO INC/THE	AZEK	05478C105	COMMON STOCK	118,446.0000	2,853,364.14	.25
BRP GROUP INC-A	BRP	05589G102	COMMON STOCK	83,103.0000	2,388,380.22	.21
BWX TECHNOLOGIES INC	BWXT	05605H100	COMMON STOCK	67,725.0000	4,138,674.75	.36
BADGER METER INC	BMI	056525108	COMMON STOCK	2,345.0000	285,198.90	.03
BAKER HUGHES CO	BKR	05722G100	COMMON STOCK	195,300.0000	5,976,180.00	.53
BANCORP INC/THE	TBBK	05969A105	COMMON STOCK	53,628.0000	1,854,992.52	.16
BANKUNITED INC	BKU	06652K103	COMMON STOCK	164,160.0000	5,814,547.20	.51
BELDEN INC	BDC	077454106	COMMON STOCK	39,752.0000	3,354,273.76	.29
BELLRING BRANDS INC	BRBR	07831C103	COMMON STOCK	9,711.0000	299,875.68	.03
BIOXCEL THERAPEUTICS INC	BTAI	09075P105	COMMON STOCK	68,773.0000	2,195,234.16	.19
BIOMEA FUSION INC	BMEA	09077A106	COMMON STOCK	71,309.0000	915,607.56	.08
BLACK HILLS CORP	BKH	092113109	COMMON STOCK	46,766.0000	2,871,900.06	.25
BOOT BARN HOLDINGS INC	BOOT	099406100	COMMON STOCK	28,670.0000	2,220,491.50	.20
BOYD GAMING CORP	BYD	103304101	COMMON STOCK	2,860.0000	186,271.80	.02
AZENTA INC	AZTA	114340102	COMMON STOCK	133,600.0000	5,863,704.00	.52
BROWN & BROWN INC	BRO	115236101	COMMON STOCK	93,000.0000	5,214,510.00	.46
CMS ENERGY CORP	CMS	125896100	COMMON STOCK	180,600.0000	10,649,982.00	.94
CTS CORP	CTS	126501105	COMMON STOCK	22,917.0000	992,535.27	.09
CABOT CORP	CBT	127055101	COMMON STOCK	32,251.0000	2,564,922.03	.23
CACI INTERNATIONAL INC -CL A	CACI	127190304	COMMON STOCK	16,239.0000	4,758,027.00	.42
CACTUS INC - A	WHD	127203107	COMMON STOCK	78,519.0000	3,607,948.05	.32
CALIX INC	CALX	13100M509	COMMON STOCK	19,882.0000	1,016,964.30	.09
TOPGOLF CALLAWAY BRANDS CORP	MODG	131193104	COMMON STOCK	151,953.0000	3,522,270.54	.31
CAPITAL ONE FINANCIAL CORP	COF	14040H105	COMMON STOCK	52,100.0000	5,683,068.00	.50
CARLISLE COS INC	CSL	142339100	COMMON STOCK	20,900.0000	5,396,798.00	.47
CARPENTER TECHNOLOGY	CRS	144285103	COMMON STOCK	3,385.0000	163,597.05	.01
CARTER'S INC	CRI	146229109	COMMON STOCK	17,063.0000	1,286,379.57	.11
CELSIUS HOLDINGS INC	CELH	15118V207	COMMON STOCK	23,266.0000	2,112,552.80	.19
CENTERPOINT ENERGY INC	CNP	15189T107	COMMON STOCK	347,500.0000	9,667,450.00	.85
CENTURY COMMUNITIES INC	CCS	156504300	COMMON STOCK	27,296.0000	1,632,573.76	.14
CHAMPIONX CORP	CHX-W	15872M104	COMMON STOCK	141,926.0000	4,338,677.82	.38
CHART INDUSTRIES INC	GTLS	16115Q308	COMMON STOCK	1,730.0000	230,955.00	.02
CHEESECAKE FACTORY INC/THE	CAKE	163072101	COMMON STOCK	63,315.0000	2,370,513.60	.21
CHEFS' WAREHOUSE INC/THE	CHEF	163086101	COMMON STOCK	28,163.0000	916,705.65	.08
CHESAPEAKE ENERGY CORP	CHK	165167735	COMMON STOCK	73,100.0000	5,907,211.00	.52
CHIMERA INVESTMENT CORP		16934Q208	REIT - Real Estate Invesment Trust	484,019.0000	3,141,283.31	.28
CHINOOK THERAPEUTICS INC	KDNY	16961L106	COMMON STOCK	132,451.0000	2,890,080.82	.25
CIRCOR INTERNATIONAL INC	CIR	17273K109	COMMON STOCK	90,411.0000	2,646,329.97	.23
CITY HOLDING CO	CHCO	177835105	COMMON STOCK	8,588.0000	843,341.60	.07
CLEAN HARBORS INC	CLH	184496107	COMMON STOCK	40,770.0000	5,384,493.90	.47
CLEAR SECURE INC -CLASS A		18467V109	COMMON STOCK	7,217.0000	221,850.58	.02
CLEARFIELD INC	CLFD	18482P103	COMMON STOCK	18,414.0000	1,154,373.66	.10
CLOROX COMPANY	CLX	189054109	COMMON STOCK	35,500.0000	5,518,120.00	.49
COLGATE-PALMOLIVE CO	CL	194162103	COMMON STOCK	82,200.0000	6,025,260.00	.53
COMFORT SYSTEMS USA INC	FIX	199908104	COMMON STOCK	2,749.0000	399,814.56	.04
CONSTELLATION BRANDS INC-A	STZ	21036P108	COMMON STOCK	30,800.0000	6,889,960.00	.61
CORE & MAIN INC-CLASS A		21874C102	COMMON STOCK	6,507.0000	151,678.17	.01
CORPORATE OFFICE PROPERTIES	OFC	22002T108	REIT - Real Estate Invesment Trust	127,974.0000	3,254,378.82	.29
CRINETICS PHARMACEUTICALS IN	CRNX	22663K107	COMMON STOCK	268,879.0000	5,280,783.56	.46
CROCS INC	CROX	227046109	COMMON STOCK	1,896.0000	230,762.16	.02
CROSS COUNTRY HEALTHCARE INC	CCRN	227483104	COMMON STOCK	59,780.0000	1,581,181.00	.14
CULLEN/FROST BANKERS INC	CFR	229899109	COMMON STOCK	42,000.0000	5,536,440.00	.49
CYTOKINETICS INC		23282W605	COMMON STOCK	34,800.0000	1,508,928.00	.13
DICE THERAPEUTICS INC		23345J104	COMMON STOCK	119,210.0000	3,557,226.40	.31
DAVE & BUSTER'S ENTERTAINMEN	PLAY	238337109	COMMON STOCK	21,595.0000	864,231.90	.08
DAY ONE BIOPHARMACEUTICALS I	DAWN	23954D109	COMMON STOCK	88,538.0000	1,630,869.96	.14
DENBURY INC	DEN	24790A101	COMMON STOCK	1,727.0000	143,979.99	.01
DIGI INTERNATIONAL INC	DGII	253798102	COMMON STOCK	118,470.0000	3,953,343.90	.35
DORMAN PRODUCTS INC	DORM	258278100	COMMON STOCK	38,473.0000	3,579,143.19	.31
DRIVEN BRANDS HOLDINGS INC	DRVN	26210V102	COMMON STOCK	5,476.0000	153,191.10	.01
DUCKHORN PORTFOLIO INC/THE		26414D106	COMMON STOCK	160,851.0000	2,452,977.75	.22
DYNAVAX TECHNOLOGIES CORP		268158201	COMMON STOCK	191,784.0000	1,975,375.20	.17
ELF BEAUTY INC	ELF	26856L103	COMMON STOCK	110,703.0000	8,275,049.25	.73
EQRX INC WT EX 04/09/2028		26886C115	WARRANTS	32,416.0000	8,055.38	.00
EMCOR GROUP INC	EME	29084Q100	COMMON STOCK	28,825.0000	4,820,116.50	.42
EMERSON ELECTRIC CO	EMR	291011104	COMMON STOCK	71,100.0000	5,880,681.00	.52
ENCOMPASS HEALTH CORP	EHC	29261A100	COMMON STOCK	99,018.0000	5,596,497.36	.49
ENERGY RECOVERY INC	ERII	29270J100	COMMON STOCK	53,075.0000	1,171,365.25	.10
ENERPAC TOOL GROUP CORP	EPAC	292765104	COMMON STOCK	82,627.0000	2,225,145.11	.20
ENGAGESMART INC		29283F103	COMMON STOCK	15,511.0000	326,351.44	.03
ENPRO INDUSTRIES INC	NPO	29355X107	COMMON STOCK	61,121.0000	6,570,507.50	.58
ENVISTA HOLDINGS CORP	NVST	29415F104	COMMON STOCK	100,915.0000	3,901,373.90	.34
EQUIFAX INC	EFX	294429105	COMMON STOCK	18,800.0000	3,807,564.00	.33
EVERCORE INC - A	EVR	29977A105	COMMON STOCK	1,202.0000	157,678.36	.01
EVERI HOLDINGS INC	EVRI	30034T103	COMMON STOCK	120,287.0000	2,284,250.13	.20
EVERQUOTE INC - CLASS A	EVER	30041R108	COMMON STOCK	228,752.0000	3,122,464.80	.27
EXELON CORP	EXC	30161N101	COMMON STOCK	138,900.0000	5,610,171.00	.49
EXLSERVICE HOLDINGS INC	EXLS	302081104	COMMON STOCK	26,566.0000	4,370,372.66	.38
EXPONENT INC	EXPO	30214U102	COMMON STOCK	1,680.0000	172,872.00	.02
EXTRA SPACE STORAGE INC	EXR	30225T102	REIT - Real Estate Invesment Trust	50,100.0000	8,248,965.00	.73
EXTREME NETWORKS INC	EXTR	30226D106	COMMON STOCK	175,543.0000	3,286,164.96	.29
FLYWIRE CORP-VOTING	FLYW	302492103	COMMON STOCK	82,464.0000	2,039,334.72	.18
FTI CONSULTING INC	FCN	302941109	COMMON STOCK	841.0000	154,500.11	.01
FASTLY INC - CLASS A	FSLY	31188V100	COMMON STOCK	110,592.0000	1,536,122.88	.14
FEDERAL SIGNAL CORP	FSS	313855108	COMMON STOCK	80,103.0000	4,227,035.31	.37
FIRST INTERSTATE BANCSYS-A	FIBK	32055Y201	COMMON STOCK	180,800.0000	6,425,632.00	.57
FIRST REPUBLIC BANK/CA	FRC	33616C100	COMMON STOCK	39,500.0000	4,858,895.00	.43
FLUOR CORP	FLR	343412102	COMMON STOCK	8,415.0000	308,578.05	.03
FOOT LOCKER INC	FL	344849104	COMMON STOCK	3,133.0000	136,974.76	.01
FORTIVE CORP	FTV	34959J108	COMMON STOCK	82,400.0000	5,492,784.00	.48
FORWARD AIR CORP	FWRD	349853101	COMMON STOCK	21,852.0000	2,255,344.92	.20
FOX FACTORY HOLDING CORP	FOXF	35138V102	COMMON STOCK	553.0000	64,977.50	.01
FULL HOUSE RESORTS INC	FLL	359678109	COMMON STOCK	120,936.0000	1,170,660.48	.10
GMS INC	GMS	36251C103	COMMON STOCK	26,417.0000	1,603,776.07	.14
GENERAL DYNAMICS CORP	GD	369550108	COMMON STOCK	24,900.0000	5,674,959.00	.50
GENTEX CORP	GNTX	371901109	COMMON STOCK	134,100.0000	3,828,555.00	.34
GENTHERM INC	THRM	37253A103	COMMON STOCK	35,253.0000	2,238,918.03	.20
GLOBAL PAYMENTS INC	GPN	37940X102	COMMON STOCK	42,400.0000	4,757,280.00	.42
GOODYEAR TIRE & RUBBER CO	GT	382550101	COMMON STOCK	175,943.0000	1,998,712.48	.18
GREEN PLAINS INC	GPRE	393222104	COMMON STOCK	56,576.0000	1,961,489.92	.17
GRID DYNAMICS HOLDINGS INC	GDYN	39813G109	COMMON STOCK	86,825.0000	1,011,511.25	.09
H&E EQUIPMENT SERVICES INC	HEES	404030108	COMMON STOCK	60,087.0000	3,334,828.50	.29
HAIN CELESTIAL GROUP INC	HAIN	405217100	COMMON STOCK	114,108.0000	2,034,545.64	.18
HALOZYME THERAPEUTICS INC	HALO	40637H109	COMMON STOCK	9,981.0000	478,988.19	.04
HARMONIC INC	HLIT	413160102	COMMON STOCK	667,333.0000	8,802,122.27	.77
HARSCO CORP	HSC	415864107	COMMON STOCK	129,220.0000	1,093,201.20	.10
HARTFORD FINANCIAL SVCS GRP	HIG	416515104	COMMON STOCK	74,500.0000	5,831,860.00	.51
HEALTHCARE REALTY TRUST INC		42226K105	REIT - Real Estate Invesment Trust	54,000.0000	1,053,000.00	.09
HELMERICH & PAYNE	HP	423452101	COMMON STOCK	54,810.0000	2,306,404.80	.20
HERC HOLDINGS INC	HRI	42704L104	COMMON STOCK	20,351.0000	2,922,200.09	.26
HESS CORP	HES	42809H107	COMMON STOCK	59,600.0000	8,028,120.00	.71
HEXCEL CORP	HXL	428291108	COMMON STOCK	46,153.0000	3,366,861.35	.30
HILLENBRAND INC	HI	431571108	COMMON STOCK	32,024.0000	1,509,611.36	.13
HIMS & HERS HEALTH INC	HIMS	433000106	COMMON STOCK	177,458.0000	1,999,951.66	.18
HOSTESS BRANDS INC	TWNK	44109J106	COMMON STOCK	134,044.0000	3,310,886.80	.29
HOWMET AEROSPACE INC	HWM	443201108	COMMON STOCK	125,500.0000	5,293,590.00	.47
HUMANA INC	HUM	444859102	COMMON STOCK	15,000.0000	7,425,300.00	.65
HURON CONSULTING GROUP INC	HURN	447462102	COMMON STOCK	122,662.0000	8,609,645.78	.76
ITT INC	ITT	45073V108	COMMON STOCK	53,869.0000	4,896,153.41	.43
IDACORP INC	IDA	451107106	COMMON STOCK	37,639.0000	3,891,872.60	.34
IMPINJ INC	PI	453204109	COMMON STOCK	57,877.0000	7,675,647.74	.67
INDEPENDENT BANK CORP/MA	INDB	453836108	COMMON STOCK	60,289.0000	4,803,827.52	.42
INDIE SEMICONDUCTOR INC-A	INDI	45569U101	COMMON STOCK	122,511.0000	1,281,465.06	.11
INGEVITY CORP	NGVT	45688C107	COMMON STOCK	46,929.0000	3,874,458.24	.34
INGREDION INCORPORATED	INGR	457187102	COMMON STOCK	44,809.0000	4,454,014.60	.39
INNOSPEC INC	IOSP	45768S105	COMMON STOCK	19,304.0000	2,113,015.84	.19
INSPIRE MEDICAL SYSTEMS INC	INSP	457730109	COMMON STOCK	14,371.0000	3,735,454.03	.33
INSTRUCTURE HOLDINGS INC		457790103	COMMON STOCK	5,499.0000	141,709.23	.01
INSTALLED BUILDING PRODUCTS	IBP	45780R101	COMMON STOCK	23,603.0000	2,723,314.14	.24
INTEGRA LIFESCIENCES HOLDING	IART	457985208	COMMON STOCK	87,538.0000	4,868,863.56	.43
INTER PARFUMS INC	IPAR	458334109	COMMON STOCK	1,822.0000	219,387.02	.02
INTERNATIONAL MONEY EXPRESS	IMXI	46005L101	COMMON STOCK	102,311.0000	2,614,046.05	.23
IRIDIUM COMMUNICATIONS INC	IRDM	46269C102	COMMON STOCK	7,272.0000	446,282.64	.04
ISHARES RUSSELL MID-CAP ETF	IWR	464287499	POOLED INVESTMENTS	441,499.0000	31,439,143.79	2.76
ISHARES RUSSELL 2000 VALUE E	IWN	464287630	POOLED INVESTMENTS	70,021.0000	10,405,120.60	.91
ISHARES RUSSELL 2000 ETF	IWM	464287655	POOLED INVESTMENTS	204,415.0000	38,466,814.70	3.38
I3 VERTICALS INC-CLASS A	IIIV	46571Y107	COMMON STOCK	64,899.0000	1,597,164.39	.14
IVERIC BIO INC	ISEE	46583P102	COMMON STOCK	85,051.0000	1,767,359.78	.16
KALVISTA PHARMACEUTICALS INC	KALV	483497103	COMMON STOCK	105,455.0000	772,985.15	.07
KARAT PACKAGING INC	KRT	48563L101	COMMON STOCK	108,316.0000	1,678,898.00	.15
KARUNA THERAPEUTICS INC	KRTX	48576A100	COMMON STOCK	664.0000	132,414.88	.01
KEMPER CORP	KMPR	488401100	COMMON STOCK	2,258.0000	139,092.80	.01
KINSALE CAPITAL GROUP INC	KNSL	49714P108	COMMON STOCK	1,781.0000	567,604.70	.05
KNIGHT-SWIFT TRANSPORTATION	KNX	499049104	COMMON STOCK	122,000.0000	6,934,480.00	.61
KORN FERRY	KFY	500643200	COMMON STOCK	61,628.0000	3,444,388.92	.30
KROGER CO	KR	501044101	COMMON STOCK	161,700.0000	6,975,738.00	.61
KRYSTAL BIOTECH INC	KRYS	501147102	COMMON STOCK	590.0000	48,326.90	.00
KURA SUSHI USA INC-CLASS A		501270102	COMMON STOCK	30,579.0000	1,914,856.98	.17
L3HARRIS TECHNOLOGIES INC	LHX	502431109	COMMON STOCK	31,800.0000	6,715,842.00	.59
LANCASTER COLONY CORP	LANC	513847103	COMMON STOCK	14,307.0000	2,746,657.86	.24
LENNAR CORP-A	LEN	526057104	COMMON STOCK	55,500.0000	5,369,070.00	.47
LIVENT CORP	LTHM	53814L108	COMMON STOCK	229,177.0000	5,374,200.65	.47
LUMENTUM HOLDINGS INC	LITE	55024U109	COMMON STOCK	63,213.0000	3,401,491.53	.30
MGIC INVESTMENT CORP	MTG	552848103	COMMON STOCK	191,890.0000	2,640,406.40	.23
MGP INGREDIENTS INC	MGPI	55303J106	COMMON STOCK	44,201.0000	4,483,749.44	.39
MSA SAFETY INC		553498106	COMMON STOCK	814.0000	109,360.90	.01
MYR GROUP INC/DELAWARE	MYRG	55405W104	COMMON STOCK	27,496.0000	3,316,292.56	.29
MACOM TECHNOLOGY SOLUTIONS	MTSI	55405Y100	COMMON STOCK	25,620.0000	1,755,994.80	.15
MACY'S INC	M	55616P104	COMMON STOCK	252,800.0000	5,172,288.00	.45
STEVEN MADDEN LTD	SHOO	556269108	COMMON STOCK	85,923.0000	3,119,004.90	.27
MAGNITE INC	MGNI	55955D100	COMMON STOCK	125,520.0000	1,397,037.60	.12
MARTIN MARIETTA MATERIALS	MLM	573284106	COMMON STOCK	18,100.0000	6,513,647.00	.57
MARVELL TECHNOLOGY INC	MRVL	573874104	COMMON STOCK	129,800.0000	5,860,470.00	.52
MATADOR RESOURCES CO	MTDR	576485205	COMMON STOCK	40,634.0000	2,185,702.86	.19
MCGRATH RENTCORP	MGRC	580589109	COMMON STOCK	28,648.0000	2,946,160.32	.26
MERITAGE HOMES CORP	MTH	59001A102	COMMON STOCK	1,258.0000	137,411.34	.01
MINERALYS THERAPEUTICS INC	MLYS	603170101	COMMON STOCK	46,314.0000	823,462.92	.07
MODEL N INC	MODN	607525102	COMMON STOCK	42,429.0000	1,408,642.80	.12
MODINE MANUFACTURING CO	MOD	607828100	COMMON STOCK	120,585.0000	2,943,479.85	.26
MONTROSE ENVIRONMENTAL GROUP	MEG	615111101	COMMON STOCK	94,807.0000	4,616,152.83	.41
MORPHIC HOLDING INC	MORF	61775R105	COMMON STOCK	52,920.0000	2,250,158.40	.20
MOTOROLA SOLUTIONS INC	MSI	620076307	COMMON STOCK	15,000.0000	3,942,150.00	.35
MURPHY USA INC	MUSA	626755102	COMMON STOCK	17,746.0000	4,526,827.14	.40
NMI HOLDINGS INC-CLASS A	NMIH	629209305	COMMON STOCK	84,362.0000	1,969,009.08	.17
NV5 GLOBAL INC	NVEE	62945V109	COMMON STOCK	18,157.0000	1,910,479.54	.17
NAPCO SECURITY TECHNOLOGIES INC	NSSC	630402105	COMMON STOCK	46,082.0000	1,456,191.20	.13
NATIONAL INSTRUMENTS CORP	NATI	636518102	COMMON STOCK	98,444.0000	4,972,406.44	.44
NATIONAL STORAGE AFFILIATES	NSA	637870106	REIT - Real Estate Invesment Trust	91,972.0000	3,890,415.60	.34
NERDWALLET INC-CL A	NRDS	64082B102	COMMON STOCK	74,275.0000	1,533,036.00	.13
NEWMARK GROUP INC-CLASS A	NMRK	65158N102	COMMON STOCK	415,887.0000	3,335,413.74	.29
NUVALENT INC-A		670703107	COMMON STOCK	138,106.0000	4,183,230.74	.37
NUVASIVE INC	NUVA	670704105	COMMON STOCK	55,981.0000	2,420,058.63	.21
O-I GLASS INC	OI	67098H104	COMMON STOCK	163,971.0000	3,643,435.62	.32
OCEANEERING INTL INC	OII	675232102	COMMON STOCK	31,414.0000	656,238.46	.06
OLD NATIONAL BANCORP	ONB	680033107	COMMON STOCK	248,698.0000	4,394,493.66	.39
OPTION CARE HEALTH INC	OPCH	68404L201	COMMON STOCK	4,094.0000	125,562.98	.01
OXFORD INDUSTRIES INC	OXM	691497309	COMMON STOCK	16,955.0000	1,994,077.55	.18
PDC ENERGY INC	PDCE	69327R101	COMMON STOCK	76,036.0000	5,102,775.96	.45
PDF SOLUTIONS INC	PDFS	693282105	COMMON STOCK	14,521.0000	543,666.24	.05
PNC FINANCIAL SERVICES GROUP	PNC	693475105	COMMON STOCK	44,700.0000	7,059,024.00	.62
PPG INDUSTRIES INC	PPG	693506107	COMMON STOCK	59,600.0000	7,870,776.00	.69
PPL CORP	PPL	69351T106	COMMON STOCK	395,000.0000	10,692,650.00	.94
PACWEST BANCORP	PACW	695263103	COMMON STOCK	110,152.0000	3,056,718.00	.27
PAR PACIFIC HOLDINGS INC	PARR	69888T207	COMMON STOCK	29,204.0000	811,287.12	.07
PARKER HANNIFIN CORP	PH	701094104	COMMON STOCK	12,900.0000	4,538,865.00	.40
PAYLOCITY HOLDING CORP	PCTY	70438V106	COMMON STOCK	1,265.0000	243,651.65	.02
PAYONEER GLOBAL INC	PAYO	70451X104	COMMON STOCK	280,160.0000	1,624,928.00	.14
RANGER OIL CORP-A	ROCC	70788V102	COMMON STOCK	54,010.0000	2,241,415.00	.20
PERFORMANCE FOOD GROUP CO	PFGC	71377A103	COMMON STOCK	70,578.0000	3,994,009.02	.35
PERFORMANT FINANCIAL CORP	PFMT	71377E105	COMMON STOCK	254,978.0000	831,228.28	.07
PERKINELMER INC	PKI	714046109	COMMON STOCK	69,300.0000	8,632,701.00	.76
PHREESIA INC	PHR	71944F106	COMMON STOCK	78,374.0000	2,884,163.20	.25
PINNACLE FINANCIAL PARTNERS	PNFP	72346Q104	COMMON STOCK	65,954.0000	4,886,531.86	.43
PLEXUS CORP	PLXS	729132100	COMMON STOCK	1,156.0000	110,848.84	.01
PORTILLO'S INC-CL A		73642K106	COMMON STOCK	57,968.0000	1,317,032.96	.12
PORTLAND GENERAL ELECTRIC CO	POR	736508847	COMMON STOCK	129,209.0000	6,176,190.20	.54
PREMIER INC-CLASS A	PINC	74051N102	COMMON STOCK	73,841.0000	2,376,941.79	.21
PRESTIGE CONSUMER HEALTHCARE	PBH	74112D101	COMMON STOCK	111,821.0000	6,737,215.25	.59
PRIMERICA INC	PRI	74164M108	COMMON STOCK	32,131.0000	6,167,224.14	.54
PROCEPT BIOROBOTICS CORP	PRCT	74276L105	COMMON STOCK	89,200.0000	3,340,540.00	.29
PROFRAC HOLDING CORP-A	ACDC	74319N100	COMMON STOCK	6,248.0000	119,524.24	.01
PROMETHEUS BIOSCIENCES INC	RXDX	74349U108	COMMON STOCK	37,807.0000	4,627,198.73	.41
QUANTA SERVICES INC	PWR	74762E102	COMMON STOCK	20,700.0000	3,340,980.00	.29
RAMBUS INC	RMBS	750917106	COMMON STOCK	2,823.0000	124,861.29	.01
REAL GOOD FOOD CO INC/THE		75601G109	COMMON STOCK	132,821.0000	512,689.06	.05
REGAL REXNORD CORP	RRX	758750103	COMMON STOCK	32,229.0000	5,080,579.56	.45
RELAY THERAPEUTICS INC	RLAY	75943R102	COMMON STOCK	65,970.0000	1,065,415.50	.09
REPUBLIC SERVICES INC	RSG	760759100	COMMON STOCK	44,800.0000	5,776,064.00	.51
REVOLUTION MEDICINES INC	RVMD	76155X100	COMMON STOCK	39,555.0000	1,058,491.80	.09
REXFORD INDUSTRIAL REALTY IN	REXR	76169C100	REIT - Real Estate Invesment Trust	119,800.0000	7,243,108.00	.64
ROCKWELL AUTOMATION INC	ROK	773903109	COMMON STOCK	14,000.0000	4,129,020.00	.36
RXSIGHT INC	RXST	78349D107	COMMON STOCK	88,190.0000	1,209,966.80	.11
SBA COMMUNICATIONS CORP	SBAC	78410G104	REIT - Real Estate Invesment Trust	31,500.0000	8,169,525.00	.72
SPS COMMERCE INC	SPSC	78463M107	COMMON STOCK	1,637.0000	246,597.68	.02
SPX TECHNOLOGIES INC	SPXC	78473E103	COMMON STOCK	3,797.0000	267,460.68	.02
SAIA INC	SAIA	78709Y105	COMMON STOCK	1,100.0000	297,957.00	.03
SELECT ENERGY SERVICES INC-A	WTTR	81617J301	COMMON STOCK	195,608.0000	1,451,411.36	.13
SHERWIN-WILLIAMS CO/THE	SHW	824348106	COMMON STOCK	33,200.0000	7,348,820.00	.65
SHIFT4 PAYMENTS INC-CLASS A	FOUR	82452J109	COMMON STOCK	2,942.0000	189,759.00	.02
SHOALS TECHNOLOGIES GROUP -A	SHLS	82489W107	COMMON STOCK	109,956.0000	2,698,320.24	.24
SHYFT GROUP INC/THE	SHYF	825698103	COMMON STOCK	105,869.0000	2,745,183.17	.24
SILGAN HOLDINGS INC	SLGN	827048109	COMMON STOCK	37,476.0000	2,001,218.40	.18
SITEONE LANDSCAPE SUPPLY INC	SITE	82982L103	COMMON STOCK	1,328.0000	196,995.52	.02
SKYLINE CHAMPION CORP	SKY	830830105	COMMON STOCK	2,811.0000	192,300.51	.02
SKYWORKS SOLUTIONS INC	SWKS	83088M102	COMMON STOCK	51,900.0000	5,790,483.00	.51
SKYWATER TECHNOLOGY INC	SKYT	83089J108	COMMON STOCK	79,549.0000	1,044,478.37	.09
SOVOS BRANDS INC	SOVO	84612U107	COMMON STOCK	124,678.0000	1,629,541.46	.14
SPIRE INC	SR	84857L101	COMMON STOCK	34,007.0000	2,394,092.80	.21
SPRINGWORKS THERAPEUTICS INC	SWTX	85205L107	COMMON STOCK	58,188.0000	1,856,197.20	.16
SPROUT SOCIAL INC - CLASS A	SPT	85209W109	COMMON STOCK	4,281.0000	261,055.38	.02
STAG INDUSTRIAL INC	STAG	85254J102	REIT - Real Estate Invesment Trust	148,777.0000	5,004,858.28	.44
STANDEX INTERNATIONAL CORP	SXI	854231107	COMMON STOCK	32,544.0000	3,764,689.92	.33
STERLING INFRASTRUCTURE INC	STRL	859241101	COMMON STOCK	75,697.0000	2,911,306.62	.26
STRIDE INC	LRN	86333M108	COMMON STOCK	47,184.0000	2,003,904.48	.18
SUN COUNTRY AIRLINES HOLDING	SNCY	866683105	COMMON STOCK	100,150.0000	2,008,007.50	.18
SUPER MICRO COMPUTER INC	SMCI	86800U104	COMMON STOCK	5,420.0000	530,997.40	.05
SYNAPTICS INC	SYNA	87157D109	COMMON STOCK	1,334.0000	156,891.74	.01
TEGNA INC	TGNA	87901J105	COMMON STOCK	104,369.0000	1,816,020.60	.16
TENABLE HOLDINGS INC	TENB	88025T102	COMMON STOCK	4,431.0000	195,983.13	.02
TERNS PHARMACEUTICALS INC	TERN	880881107	COMMON STOCK	85,400.0000	865,102.00	.08
TETRA TECH INC	TTEK	88162G103	COMMON STOCK	1,731.0000	236,956.59	.02
TEXAS ROADHOUSE INC	TXRH	882681109	COMMON STOCK	2,813.0000	285,632.02	.03
TG THERAPEUTICS INC	TGTX	88322Q108	COMMON STOCK	9,275.0000	148,585.50	.01
BEAUTY HEALTH CO/THE	SKIN	88331L108	COMMON STOCK	101,560.0000	1,280,671.60	.11
TITAN INTERNATIONAL INC	TWI	88830M102	COMMON STOCK	154,725.0000	1,920,137.25	.17
TRANSMEDICS GROUP INC	TMDX	89377M109	COMMON STOCK	105,594.0000	8,454,911.58	.74
TREACE MEDICAL CONCEPTS INC	TMCI	89455T109	COMMON STOCK	141,114.0000	3,028,306.44	.27
TREEHOUSE FOODS INC	THS	89469A104	COMMON STOCK	108,851.0000	5,310,840.29	.47
TRIUMPH FINANCIAL INC	TFIN	89679E300	COMMON STOCK	17,615.0000	1,071,872.75	.09
UMPQUA HOLDINGS CORP	UMPQ	904214103	COMMON STOCK	321,186.0000	5,672,144.76	.50
UNIVERSAL HEALTH SERVICES-B	UHS	913903100	COMMON STOCK	49,000.0000	6,544,930.00	.58
UNIVEST CORP OF PENNSYLVANIA	UVSP	915271100	COMMON STOCK	111,431.0000	3,142,354.20	.28
URANIUM ENERGY CORP	UEC	916896103	COMMON STOCK	776,334.0000	2,872,435.80	.25
URBAN OUTFITTERS INC	URBN	917047102	COMMON STOCK	89,012.0000	2,398,873.40	.21
UTZ BRANDS INC	UTZ	918090101	COMMON STOCK	60,993.0000	1,000,285.20	.09
VALMONT INDUSTRIES	VMI	920253101	COMMON STOCK	15,366.0000	4,876,092.78	.43
VALVOLINE INC	VVV	92047W101	COMMON STOCK	113,382.0000	3,991,046.40	.35
VAXCYTE INC	PCVX	92243G108	COMMON STOCK	92,913.0000	3,806,645.61	.33
VENTYX BIOSCIENCES INC	VTYX	92332V107	COMMON STOCK	117,431.0000	5,078,890.75	.45
VERACYTE INC	VCYT	92337F107	COMMON STOCK	74,911.0000	1,843,559.71	.16
VIAVI SOLUTIONS INC	VIAV	925550105	COMMON STOCK	341,761.0000	3,738,865.34	.33
VIRIDIAN THERAPEUTICS INC	VRDN	92790C104	COMMON STOCK	67,609.0000	2,214,870.84	.19
VISTEON CORP	VC	92839U206	COMMON STOCK	3,601.0000	601,511.04	.05
VITA COCO CO INC/THE		92846Q107	COMMON STOCK	165,362.0000	2,796,271.42	.25
VITAL FARMS INC	VITL	92847W103	COMMON STOCK	181,199.0000	2,928,175.84	.26
WABASH NATIONAL CORP	WNC	929566107	COMMON STOCK	172,826.0000	4,735,432.40	.42
WESTERN ALLIANCE BANCORP	WAL	957638109	COMMON STOCK	86,400.0000	6,414,336.00	.56
WILLSCOT MOBILE MINI HOLDING		971378104	COMMON STOCK	10,607.0000	545,199.80	.05
WINGSTOP INC	WING	974155103	COMMON STOCK	2,346.0000	399,641.10	.04
WINTRUST FINANCIAL CORP	WTFC	97650W108	COMMON STOCK	76,058.0000	7,007,223.54	.62
WORLD WRESTLING ENTERTAIN-A	WWE	98156Q108	COMMON STOCK	1,473.0000	123,732.00	.01
XPEL INC	XPEL	98379L100	COMMON STOCK	46,444.0000	3,102,923.64	.27
XCEL ENERGY INC	XEL	98389B100	COMMON STOCK	148,600.0000	9,595,102.00	.84
XPONENTIAL FITNESS INC-A		98422X101	COMMON STOCK	213,929.0000	5,431,657.31	.48
XOMETRY INC-A		98423F109	COMMON STOCK	94,209.0000	2,864,895.69	.25
YETI HOLDINGS INC	YETI	98585X104	COMMON STOCK	34,267.0000	1,335,727.66	.12
ZIMMER BIOMET HOLDINGS INC	ZBH	98956P102	COMMON STOCK	74,900.0000	9,277,863.00	.82
BIOHAVEN LTD	BHVN-W	BPLZ7S5	COMMON STOCK	78,850.0000	1,204,828.00	.11
ESTABLISHMENT LABS HOLDINGS		BYVR2D4	COMMON STOCK	31,804.0000	2,279,074.64	.20

As of 02/28/2023.

Distributions

Fund Name	Fund Cusip	Distribution Type	Amount per Share	Ex Date	Reinvest Date	Reinvest Price
Destinations Small-Mid Cap Equity Fund	10964R855	Short-Term Capital Gains	0.007805	12/15/2022	12/15/2022	$8.37
Destinations Small-Mid Cap Equity Fund	10964R855	Long-Term Capital Gains	0.396520	12/15/2022	12/15/2022	$8.37
Destinations Small-Mid Cap Equity Fund	10964R855	Short-Term Capital Gains	1.891249	12/16/2021	12/16/2021	$10.37
Destinations Small-Mid Cap Equity Fund	10964R855	Long-Term Capital Gains	2.110002	12/16/2021	12/16/2021	$10.37
Destinations Small-Mid Cap Equity Fund	10964R855	Dividend	0.021682	12/16/2020	12/16/2020	$11.50
Destinations Small-Mid Cap Equity Fund	10964R855	Short-Term Capital Gains	0.161806	12/16/2020	12/16/2020	$11.50
Destinations Small-Mid Cap Equity Fund	10964R855	Long-Term Capital Gains	0.138242	12/16/2020	12/16/2020	$11.50
Destinations Small-Mid Cap Equity Fund	10964R855	Dividend	0.079231	12/16/2019	12/16/2019	$9.69
Destinations Small-Mid Cap Equity Fund	10964R855	Short-Term Capital Gains	0.070163	12/16/2019	12/16/2019	$9.69
Destinations Small-Mid Cap Equity Fund	10964R855	Long-Term Capital Gains	0.361454	12/16/2019	12/16/2019	$9.69
Destinations Small-Mid Cap Equity Fund	10964R855	Dividend	0.068391	12/17/2018	12/17/2018	$8.06
Destinations Small-Mid Cap Equity Fund	10964R855	Short-Term Capital Gains	0.357012	12/17/2018	12/17/2018	$8.06
Destinations Small-Mid Cap Equity Fund	10964R855	Long-Term Capital Gains	0.167244	12/17/2018	12/17/2018	$8.06

Fees and expenses

Type	Amount
Management Fees	0.90%
Distribution and Service (12b-1) Fees	None
Other Expenses	0.06%
AFFE	None
Total Annual Fund Operating Expenses	0.96%
Fee waivers and expense reimbursements	-0.01%
Total Annual Fund Operating Expenses Less Fee Waivers and Expense Reimbursements	0.95%*

Contact

Individual Investor Contact Information
1-877-771-7979
Monday – Friday 8:30 am – 5:00 pm EST

Or write to the Funds at:
Brinker Capital Destinations Funds
P.O. Box 2175
Milwaukee, WI 53201

Overnight/Certified Mail:
Brinker Capital Destinations Funds
235 W. Galena Street
Milwaukee, WI 53212

Investment Adviser
Brinker Capital Investments LLC
1055 Westlakes Drive, Suite 250
Berwyn, PA 19312
www.brinkercapital.com

Distributor
Foreside Fund Services, LLC
Three Canal Plaza, Suite 100
Portland, ME 04101
www.foreside.com

Media Relations
marketingmembers@brinkercapital.com

Mutual fund investing involves risk. The value of your investment in a Fund could go down. Multi-investment management styles may lead to overlapping securities transactions and higher transaction expenses compared to single investment management styles. Outcomes depend on the skill of the sub-advisers and adviser and the allocation of assets amongst them, as well as market fluctuations and industry/economic trends etc.

Before investing you should consider the Destinations Funds’ investment objectives, risks, charges and expenses carefully. The prospectus contains this and other information about the Funds. You may obtain a copy of the prospectus by calling 1-877-771-7979. The prospectus should be read carefully before investing.

Any tax or legal information provided is not an exhaustive interpretation of some of the current income tax regulations. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Funds nor any of their representatives may give legal or tax advice.

The Destinations Funds are distributed by Foreside Fund Services, LLC.