NPORT-EX 2 NPORT_WEIB_90623561_0922.htm HTML

Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Long Investments 367.2%

       

Common Stocks 357.6%

       

Aerospace & Defense 3.2%

       

Curtiss-Wright Corp.(1),(2)

     6,345        $ 882,970  

General Dynamics Corp.(1),(2)

     4,036          856,318  

Howmet Aerospace, Inc.(1)

     2,423          74,944  

TransDigm Group, Inc.(1)

     8,357          4,385,921  
       

 

 

 

       6,200,153  
    

 

 

 

Air Freight & Logistics 8.8%

       

C.H. Robinson Worldwide, Inc.(1),(2)

          77,153          7,430,606  

FedEx Corp.(1)

     26,856          3,987,310  

Forward Air Corp.(1)

     59,826          5,399,895  
       

 

 

 

       16,817,811  
    

 

 

 

Airlines 1.4%

       

Allegiant Travel Co.(1),(3)

     14,540          1,061,129  

Copa Holdings S.A., Class A(3),(4)

     15,927          1,067,268  

Delta Air Lines, Inc.(1),(3)

     23,210          651,273  
       

 

 

 

       2,779,670  
    

 

 

 

Auto Components 1.9%

       

Aptiv PLC(1),(3),(4)

     22,796          1,782,875  

Autoliv, Inc.(1),(2)

     21,693          1,445,405  

Luminar Technologies, Inc.(1),(2),(3)

     14,635          106,616  

Tenneco, Inc., Class A(1),(3)

     18,357          319,228  
       

 

 

 

       3,654,124  
    

 

 

 

Automobiles 5.4%

       

General Motors Co.(1)

     185,368          5,948,459  

Tesla, Inc.(1),(3)

     17,049          4,522,247  
       

 

 

 

       10,470,706  
    

 

 

 

Banks 26.9%

       

Banner Corp.(1)

     36,286          2,143,777  

BOK Financial Corp.(1)

     22,537          2,002,638      

Cadence Bank(1),(2)

     80,354          2,041,795  

Citizens Financial Group, Inc.(1),(2)

     120,096          4,126,498  

Columbia Banking System, Inc.(1),(2)

     83,345          2,407,837  

Cullen/Frost Bankers, Inc.(1)

     10,178          1,345,735  

First Horizon Corp.(1)

     139,667          3,198,374  

FNB Corp.(1)

     232,076          2,692,082  

Hancock Whitney Corp.(1)

     58,142          2,663,485  

JPMorgan Chase & Co.(1),(2)

     53,151          5,554,279  

M&T Bank Corp.(1),(2)

     30,776          5,426,424  

Old National Bancorp(1)

     92,763          1,527,807  

Renasant Corp.(1),(2)

     40,956          1,281,104  

Texas Capital Bancshares, Inc.(1),(3)

     8,824          520,881  

Umpqua Holdings Corp.(1)

     17,851          305,074  

Veritex Holdings, Inc.(1)

     25,895          688,548  

Webster Financial Corp.(1),(2)

     46,768          2,113,914  

Wells Fargo & Co.(1)

     85,258          3,429,077  

Wintrust Financial Corp.(1)

     57,620          4,698,911  

Zions Bancorp NA(1),(2)

     66,999          3,407,569  
       

 

 

 

                   51,575,809  
    

 

 

 

Beverages 6.3%

       

Celsius Holdings, Inc.(3)

     2,923          265,057  

Constellation Brands, Inc., Class A(1)

     18,151          4,168,922  

Monster Beverage Corp.(1),(2),(3)

     43,000          3,739,280  

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Beverages

 

PepsiCo, Inc.(1),(2)

     24,434          3,989,095  
       

 

 

 

                   12,162,354  
    

 

 

 

Biotechnology 6.3%

       

AbbVie, Inc.(1)

     24,073          3,230,837  

Albireo Pharma, Inc.(3)

     172          3,330  

Aldeyra Therapeutics, Inc.(3)

     22,580          120,577  

Altimmune, Inc.(1),(2),(3)

     4,187          53,468      

Apellis Pharmaceuticals, Inc.(1),(2),(3)

     1,731          118,227  

Argenx SE, ADR(1),(3),(4)

     581          205,122  

Aurinia Pharmaceuticals, Inc.(1),(2),(3),(4)

     5,209          39,172  

Autolus Therapeutics PLC, ADR(3),(4)

     907          1,941  

AVEO Pharmaceuticals, Inc.(2),(3)

     16,892          139,021  

BELLUS Health, Inc.(1),(3),(4)

     834          8,807  

Biogen, Inc.(1),(3)

     2,385          636,795  

BioMarin Pharmaceutical, Inc.(1),(3)

     3,109          263,550  

BioNTech SE, ADR(1),(4)

     2,484          335,042  

Dynavax Technologies Corp.(1),(2),(3)

     3,674          38,357  

Eiger BioPharmaceuticals, Inc.(2),(3)

     21,332          160,630  

Exact Sciences Corp.(2),(3)

     14,226          462,203  

Exelixis, Inc.(1),(3)

     41,452          649,967  

FibroGen, Inc.(1),(3)

     762          9,914  

Gilead Sciences, Inc.(1)

     28,482          1,757,055  

Heron Therapeutics, Inc.(2),(3)

     13,369          56,417  

Horizon Therapeutics PLC(1),(3),(4)

     2,887          178,676  

Incyte Corp.(1),(3)

     326          21,725  

Insmed, Inc.(2),(3)

     25,369          546,448  

Karyopharm Therapeutics, Inc.(3)

     5,864          32,017  

Merus N.V.(1),(3),(4)

     185          3,705  

Natera, Inc.(1),(3)

     12,378          542,404  

Prometheus Biosciences, Inc.(1),(3)

     302          17,821  

Regeneron Pharmaceuticals, Inc.(1),(3)

     906          624,116  

Rigel Pharmaceuticals, Inc.(3)

     13,388          15,798  

Sage Therapeutics, Inc.(1),(3)

     591          23,144  

Seagen, Inc.(1),(2),(3)

     2,753          376,693  

Travere Therapeutics, Inc.(1),(3)

     15,448          380,639  

United Therapeutics Corp.(1),(3)

     1,342          280,988  

Vertex Pharmaceuticals, Inc.(1),(3)

     2,157          624,538  

Viridian Therapeutics, Inc.(1),(3)

     8,810          180,693  
       

 

 

 

       12,139,837  
    

 

 

 

Building Products 2.3%

       

Fortune Brands Home & Security, Inc.(1)

     13,036          699,903  

Johnson Controls International PLC(1)

     13,004          640,057  

Lennox International, Inc.(1)

     3,291          732,807  

Masco Corp.(1),(2)

     10,534          491,832  

Owens Corning(1)

     2,236          175,772  

Trane Technologies PLC(1),(4)

     11,001          1,593,055  
       

 

 

 

       4,333,426  
    

 

 

 

Capital Markets 13.7%

       

Affiliated Managers Group, Inc.(1),(2)

     23,963          2,680,262  

Ameriprise Financial, Inc.(1)

     10,633          2,678,984  

Blue Owl Capital, Inc., Class A(1),(2)

     217,827          2,010,543  

Carlyle Group, Inc. (The)(1),(2)

     78,832          2,037,019  

Cowen, Inc., Class A

     12,369          477,938  

Interactive Brokers Group, Inc., Class A(1)

     64,358          4,113,120  

Lazard Ltd., Class A(1)

     69,398          2,208,938  

Northern Trust Corp.(1),(2)

     39,278          3,360,626  

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Capital Markets

 

Robinhood Markets, Inc., Class A(3)

     65,542          661,974  

State Street Corp.(1),(2)

     99,478          6,049,257  
       

 

 

 

                   26,278,661  
    

 

 

 

Chemicals 2.4%

       

Albemarle Corp.(1)

     174          46,013  

CF Industries Holdings, Inc.(1)

     674          64,872  

Corteva, Inc.(1),(2)

     20,569          1,175,518  

DuPont de Nemours, Inc.(1),(2)

     17,929          903,622  

Nutrien Ltd.(1),(4)

     15,308          1,276,381      

RPM International, Inc.(2)

     3,240          269,924  

Sociedad Quimica y Minera de Chile S.A., ADR(4)

     8,700          789,525  
       

 

 

 

       4,525,855  
    

 

 

 

Commercial Services & Supplies 1.8%

       

ACV Auctions, Inc., Class A(1),(2),(3)

     219,949          1,581,433  

Driven Brands Holdings, Inc.(1),(3)

     16,802          470,120  

IAA, Inc.(1),(2),(3)

     45,127          1,437,295  
       

 

 

 

       3,488,848  
    

 

 

 

Communications Equipment 4.9%

       

ADTRAN Holdings, Inc.(1),(2)

     101,728          1,991,834  

Calix, Inc.(1),(2),(3)

     1,430          87,430  

Ciena Corp.(1),(2),(3)

     23,593          953,865  

CommScope Holding Co., Inc.(1),(2),(3)

     654,621          6,029,060  

Telefonaktiebolaget LM Ericsson, ADR(1),(4)

     50,966          292,545  
       

 

 

 

       9,354,734  
    

 

 

 

Construction & Engineering 0.5%

       

MasTec, Inc.(1),(2),(3)

     1,212          76,962  

Quanta Services, Inc.(1),(2)

     4,700          598,733  

WillScot Mobile Mini Holdings Corp.(1),(3)

     5,677          228,953  
       

 

 

 

       904,648  
    

 

 

 

Construction Materials 0.5%

       

Cemex S.A.B. de C.V., ADR(2),(3),(4)

     273,417          937,821  

Vulcan Materials Co.(1)

     430          67,815  
       

 

 

 

       1,005,636  
    

 

 

 

Consumer Finance 4.3%

       

American Express Co.(1)

     20,065          2,706,969  

Discover Financial Services(1)

     43,981          3,998,752  

Encore Capital Group, Inc.(3)

     1,492          67,856  

PRA Group, Inc.(3)

     4,446          146,096  

SoFi Technologies, Inc.(2),(3)

     276,735          1,350,467  
       

 

 

 

       8,270,140  
    

 

 

 

Containers & Packaging 2.4%

       

Ardagh Metal Packaging S.A.(4)

     782,613          3,787,847  

Avery Dennison Corp.(2)

     3,129          509,088  

Graphic Packaging Holding Co.(1),(2)

     14,500          286,230  
       

 

 

 

       4,583,165  
    

 

 

 

Diversified Consumer Services 0.4%

       

2U, Inc.(3)

     48,945          305,906  

European Wax Center, Inc., Class A(1)

     711          13,118  

New Oriental Education & Technology Group, Inc., ADR(1),(3),(4)

     17,635          422,711  
       

 

 

 

       741,735  
    

 

 

 

Diversified Financial Services 9.5%

       

Aequi Acquisition Corp.(3)

     55,839          557,273  

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

       

Diversified Financial Services

       

Aequi Acquisition Corp., Class A(3)

     26,623          265,697  

Anzu Special Acquisition Corp. I, Class A(1),(3)

     11,398          111,928  

Apollo Global Management, Inc.(1),(2)

     101,227                        4,707,055  

Apollo Strategic Growth Capital II(1),(3),(4)

     1,043          10,326  

Argus Capital Corp., Class A(3)

     52,664          529,273  

Atlas Crest Investment Corp. II(3)

     9,270          91,217  

Aurora Acquisition Corp., Class A(3),(4)

     21,157          209,243  

Beard Energy Transition Acquisition Corp.(3)

     11,996          120,920  

Broadscale Acquisition Corp., Class A(3)

     22,768          224,265      

Carney Technology Acquisition Corp. II(3)

     9,695          96,368  

CENAQ Energy Corp., Class A(3)

     13,736          138,596  

Churchill Capital Corp. VI(3)

     10,205          100,825  

Churchill Capital Corp. VII(3)

     17,791          175,243  

Conyers Park III Acquisition Corp.(3)

     416,606          4,074,407  

Direct Selling Acquisition Corp.(3)

     8,360          84,770  

Edify Acquisition Corp.(3)

     1,794          17,779  

Everest Consolidator Acquisition Corp.(3)

     16,822          169,397  

Financial Strategies Acquisition Corp., Class A(3)

     40,406          405,272  

Fortress Capital Acquisition Corp.(3),(4)

     4,669          46,457  

Fortress Value Acquisition Corp. IV(3)

     4,666          45,867  

Frazier Lifesciences Acquisition Corp.(3),(4)

     4,797          48,690  

GigCapital5, Inc.(3)

     12,536          126,990  

Global Partner Acquisition Corp. II(3),(4)

     4,148          41,273  

Golden Falcon Acquisition Corp.(3)

     5,530          55,300  

Gores Holdings VII, Inc.(3)

     7,971          78,435  

Gores Technology Partners II, Inc., Class A(1),(3)

     15,960          156,727  

Gores Technology Partners, Inc.(3)

     11,400          112,176  

Hudson Executive Investment Corp. II(3)

     4,362          43,028  

Hudson Executive Investment Corp. III(3)

     10,361          101,849  

HumanCo Acquisition Corp., Class A(3)

     278,581          2,771,881  

Lazard Growth Acquisition Corp. I(3),(4)

     5,700          56,544  

Longview Acquisition Corp. II(3)

     11,188          109,866  

MDH Acquisition Corp., Class A(3)

     21,005          206,899  

North Mountain Merger Corp., Class A(3)

     14,010          140,240  

Northern Star Investment Corp. III(3)

     11,398          112,156  

Pine Technology Acquisition Corp., Class A(3)

     21,014          206,357  

Pontem Corp.(3),(4)

     4,781          47,571  

Priveterra Acquisition Corp.(3)

     5,669          55,726  

PropTech Investment Corp. II(3)

     7,044          70,229  

Revolution Healthcare Acquisition Corp.(3)

     5,698          55,954  

RMG Acquisition Corp. III(3)

     4,165          41,442  

Schultze Special Purpose Acquisition Corp. II(3)

     22,559          224,462  

ScION Tech Growth I(3),(4)

     6,940          69,122  

ScION Tech Growth II(3),(4)

     7,587          75,339  

Senior Connect Acquisition Corp. I, Class A(1),(3)

     7,744          77,014  

Simon Property Group Acquisition Holdings, Inc.(3)

     20,433          201,061  

Tishman Speyer Innovation Corp. II(3)

     10,753          106,025  

TLG Acquisition One Corp.(3)

     4,852          47,841  

Turmeric Acquisition Corp.(3),(4)

     6,073          61,277  

Vector Acquisition Corp. II, Class A(1),(3),(4)

     10,946          108,475  

Velocity Acquisition Corp., Class A(3)

     14,633          143,842  

Warburg Pincus Capital Corp. I-A(3),(4)

     11,400          113,202  

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Diversified Financial Services

 

Williams Rowland Acquisition Corp.(3)

     13,602          137,448  
       

 

 

 

       18,186,619  
    

 

 

 

Diversified Telecommunication Services 0.4%

       

AT&T, Inc.(1),(2)

     52,548          806,086  
    

 

 

 

Electric Utilities 0.2%

       

NextEra Energy, Inc.(1)

     4,677          366,724  

PG&E Corp.(1),(3)

     902          11,275  
       

 

 

 

       377,999  
    

 

 

 

Electrical Equipment 4.7%

       

AMETEK, Inc.(1)

     24,144          2,738,171      

Eaton Corp. PLC(1),(4)

     23,391          3,119,424  

Emerson Electric Co.(1),(2)

     3,582          262,274  

Enovix Corp.(1),(2),(3)

     5,821          106,728  

Generac Holdings, Inc.(1),(2),(3)

     1,745          310,854  

Hubbell, Inc., Class B(1)

     513          114,399  

nVent Electric PLC(1),(4)

     9,280          293,341  

Regal Rexnord Corp.(1),(2)

     4,760          668,114  

Rockwell Automation, Inc.(1)

     6,263                        1,347,234  
       

 

 

 

       8,960,539  
    

 

 

 

Electronic Equipment, Instruments & Components 0.5%

       

Coherent Corp.(1),(2),(3)

     4,388          152,922  

Mirion Technologies, Inc.(1),(2),(3)

     11,064          82,648  

Rogers Corp.(1),(2),(3)

     2,626          635,177  
       

 

 

 

       870,747  
    

 

 

 

Energy Equipment & Services 6.4%

       

ChampionX Corp.(2)

     213,063          4,169,643  

Core Laboratories N.V.(4)

     1,217          16,405  

Halliburton Co.(1)

     59,905          1,474,861  

Patterson-UTI Energy, Inc.

     62,543          730,502  

Schlumberger N.V.(1),(2),(4)

     87,098          3,126,818  

TechnipFMC PLC(3),(4)

     221,927          1,877,503  

Tenaris S.A., ADR(1),(4)

     25,467          658,067  

Transocean Ltd.(3),(4)

     118,633          293,024  
       

 

 

 

       12,346,823  
    

 

 

 

Entertainment 4.9%

       

Activision Blizzard, Inc.(1)

     20,600          1,531,404  

Electronic Arts, Inc.

     1,225          141,745  

Liberty Media Corp-Liberty Formula One, Class C(1),(2),(3)

     14,353          839,651  

Netflix, Inc.(1),(3)

     13,059          3,074,611  

Take-Two Interactive Software, Inc.(1),(3)

     9,777          1,065,693  

Walt Disney Co. (The)(1),(3)

     6,895          650,405  

Warner Bros Discovery, Inc.(1),(3)

     33,730          387,895  

Warner Music Group Corp., Class A(1)

     18,111          420,356  

World Wrestling Entertainment, Inc., Class A(1),(2)

     17,484          1,226,852  
       

 

 

 

       9,338,612  
    

 

 

 

Food & Staples Retailing 0.8%

       

Albertsons Cos., Inc., Class A(1)

     23,547          585,379  

US Foods Holding Corp.(1),(3)

     2,975          78,659  

Walmart, Inc.(1)

     6,766          877,550  
       

 

 

 

       1,541,588  
    

 

 

 

Food Products 16.7%

       

Bunge Ltd.(1),(4)

     43,707          3,608,887  

Conagra Brands, Inc.(1)

     62,254          2,031,348  

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Food Products

 

Darling Ingredients, Inc.(1),(3)

     20,366          1,347,211  

Hershey Co. (The)(1)

     25,898          5,709,732  

Hostess Brands, Inc., Class A(1),(2),(3)

     147,153          3,419,836  

Ingredion, Inc.(1)

     14,565          1,172,774  

JM Smucker Co. (The)(2)

     11,552          1,587,360  

Kraft Heinz Co. (The)(1),(2)

     189,866          6,332,031  

Lamb Weston Holdings, Inc.(1),(2)

     7,810          604,338  

Post Holdings, Inc.(1),(3)

     18,427          1,509,356  

Simply Good Foods Co. (The)(1),(3)

     51,516          1,647,997  

Sovos Brands, Inc.(1),(2),(3)

     64,309          915,760  

TreeHouse Foods, Inc.(1),(2),(3)

     30,355          1,287,659  

Utz Brands, Inc.(1),(2)

     53,791          812,244  
       

 

 

 

       31,986,533  
    

 

 

 

Health Care Equipment & Supplies 6.6%

       

Abbott Laboratories(1)

     11,722          1,134,221  

ABIOMED, Inc.(1),(2),(3)

     1,179          289,633  

Baxter International, Inc.(1),(2)

     32,985          1,776,572  

Boston Scientific Corp.(1),(3)

     29,490          1,142,148  

Cardiovascular Systems, Inc.(1),(3)

     91          1,261  

CVRX, Inc.(3)

     14,118          131,721  

DexCom, Inc.(1),(2),(3)

     25,217          2,030,977  

Edwards Lifesciences Corp.(1),(3)

     12,741          1,052,789  

Haemonetics Corp.(1),(3)

     3,347          247,778  

IDEXX Laboratories, Inc.(1),(2),(3)

     1,551          505,316  

Inari Medical, Inc.(1),(2),(3)

     5,835          423,854  

Insulet Corp.(1),(2),(3)

     1,542          353,735  

Medtronic PLC(1),(4)

     3,120          251,940  

Outset Medical, Inc.(2),(3)

     705          11,231  

Penumbra, Inc.(1),(2),(3)

     6,290          1,192,584  

Shockwave Medical, Inc.(1),(3)

     262          72,854  

STAAR Surgical Co.(1),(2),(3)

     2,764          195,000  

Tandem Diabetes Care, Inc.(2),(3)

     3,019          144,459  

Teleflex, Inc.(1),(2)

     2,910          586,249  

Zimmer Biomet Holdings, Inc.(1),(2)

     11,100          1,160,505  
       

 

 

 

                   12,704,827      
    

 

 

 

Health Care Providers & Services 9.7%

       

AMN Healthcare Services, Inc.(1),(3)

     2,065          218,807  

Cano Health, Inc.(1),(2),(3)

     42,637          369,663  

Cardinal Health, Inc.(1)

     9,006          600,520  

Chemed Corp.(1),(2)

     1,645          718,141  

Cigna Corp.(1),(2)

     5,586          1,549,948  

CVS Health Corp.(1),(2)

     20,452          1,950,507  

Encompass Health Corp.(1)

     19,071          862,581  

Enhabit, Inc.(1),(2),(3)

     9,003          126,402  

Guardant Health, Inc.(1),(2),(3)

     409          22,017  

HCA Healthcare, Inc.(1)

     537          98,695  

HealthEquity, Inc.(1),(3)

     14,687          986,526  

Humana, Inc.(1)

     8,907          4,321,587  

McKesson Corp.(1),(2)

     4,696          1,596,030  

Molina Healthcare, Inc.(1),(3)

     7,925          2,613,982  

Oak Street Health, Inc.(2),(3)

     10,293          252,384  

Option Care Health, Inc.(1),(2),(3)

     18,242          574,076  

Pennant Group, Inc. (The)(3)

     2,840          29,564  

Privia Health Group, Inc.(1),(2),(3)

     5,272          179,564  

Signify Health, Inc., Class A(1),(2),(3)

     3,442          100,334  

Surgery Partners, Inc.(1),(2),(3)

     14,279          334,129  

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Health Care Providers & Services

 

Tenet Healthcare Corp.(1),(3)

     20,520          1,058,422  
       

 

 

 

       18,563,879  
    

 

 

 

Health Care Technology 0.9%

       

Change Healthcare, Inc.(1),(3)

     41,936          1,152,821  

Evolent Health, Inc., Class A(1),(3)

     12,910          463,856  

Inspire Medical Systems, Inc.(1),(3)

     582          103,229  
       

 

 

 

       1,719,906  
    

 

 

 

Hotels, Restaurants & Leisure 23.3%

       

Airbnb, Inc., Class A(1),(2),(3)

     4,966          521,629  

BJ’s Restaurants, Inc.(1),(2),(3)

     30,381          724,587  

Boyd Gaming Corp.(1)

     82,409          3,926,789  

Brinker International, Inc.(1),(3)

     42,166          1,053,307  

Dave & Buster’s Entertainment, Inc.(1),(3)

     14,475          449,159  

Domino’s Pizza, Inc.(1),(2)

     6,252          1,939,370  

DraftKings, Inc., Class A(1),(2),(3)

     44,111          667,841  

Hilton Worldwide Holdings, Inc.(1),(2)

     74,887          9,032,870  

Hyatt Hotels Corp., Class A(1),(3)

     17,575          1,422,872  

Jack in the Box, Inc.(1)

     24,115          1,786,198  

Las Vegas Sands Corp.(1),(2),(3)

     189,613          7,114,280  

Marriott Vacations Worldwide Corp.(1)

     527          64,220  

Norwegian Cruise Line Holdings Ltd.(3)

     5,381          61,128  

Planet Fitness, Inc., Class A(1),(2),(3)

     21,818          1,258,026  

Restaurant Brands International, Inc.(1),(2),(4)

     36,714          1,952,450  

Royal Caribbean Cruises Ltd.(1),(3),(4)

     159,476          6,044,140  

Sweetgreen, Inc., Class A(1),(2),(3)

     12,602          233,137  

Texas Roadhouse, Inc., Class A(1)

     27,501          2,399,737  

Travel + Leisure Co.(1)

     2,432          82,980  

Wyndham Hotels & Resorts, Inc.(1)

     508          31,166  

Wynn Resorts Ltd.(3)

     6,691          421,734  

Yum! Brands, Inc.(1)

     33,979          3,613,327  
       

 

 

 

                   44,800,947      
    

 

 

 

Household Durables 0.1%

       

Vizio Holding Corp., Class A(1),(2),(3)

     20,480          178,995  
       

 

 

 

Household Products 4.8%

       

Clorox Co. (The)(1)

     4,653          597,399  

Colgate-Palmolive Co.(1)

     50,884          3,574,601  

Procter & Gamble Co. (The)(1),(2)

     40,380          5,097,975  
       

 

 

 

       9,269,975  
    

 

 

 

Industrial Conglomerates 0.0%

       

Honeywell International, Inc.(1)

     264          44,080  
       

 

 

 

Insurance 0.0%

       

Syncora Holdings Ltd.(4)

     56,504          2,034  
       

 

 

 

Interactive Media & Services 2.0%

       

Alphabet, Inc., Class A(1),(3)

     11,431          1,093,375  

Match Group, Inc.(1),(3)

     6,783          323,888  

Meta Platforms, Inc., Class A(1),(3)

     13,389          1,816,620  

Pinterest, Inc., Class A(1),(2),(3)

     16,007          372,963  

Vimeo, Inc.(1),(3)

     55,248          220,992  
       

 

 

 

       3,827,838  
    

 

 

 

Internet & Direct Marketing Retail 1.7%

       

Alibaba Group Holding Ltd., ADR(1),(3),(4)

     7,612          608,884  

Altaba, Inc.(3)

     148,076          555,285  

Amazon.com, Inc.(1),(3)

     17,342          1,959,646  

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Internet & Direct Marketing Retail

 

Xometry, Inc., Class A(1),(2),(3)

     2,870          162,987  
       

 

 

 

       3,286,802  
    

 

 

 

IT Services 3.3%

       

Akamai Technologies, Inc.(1),(2),(3)

     3,491          280,397  

DXC Technology Co.(3)

     863          21,126  

EPAM Systems, Inc.(1),(3)

     1,461          529,160  

MoneyGram International, Inc.(3)

     23,166          240,927  

Okta, Inc.(2),(3)

     16,110          916,176  

PayPal Holdings, Inc.(1),(3)

     40,533          3,488,675  

Snowflake, Inc., Class A(1),(3)

     610          103,676  

Switch, Inc., Class A(1),(2)

     22,715          765,268  

Twilio, Inc., Class A(1),(3)

     674          46,600  
       

 

 

 

       6,392,005  
    

 

 

 

Leisure Products 0.7%

       

Callaway Golf Co.(1),(2),(3)

     51,813          997,918  

Peloton Interactive, Inc., Class A(1),(2),(3)

     44,351          307,353  
       

 

 

 

       1,305,271  
    

 

 

 

Life Sciences Tools & Services 3.1%

       

Bio-Rad Laboratories, Inc., Class A(1),(3)

     1,234          514,751  

Charles River Laboratories International, Inc.(1),(3)

     3,502          689,193  

Danaher Corp.(1),(2)

     10,030          2,590,649  

IQVIA Holdings, Inc.(1),(3)

     2,434          440,895  

Pacific Biosciences of California, Inc.(1),(2),(3)

     11,567          67,146  

QIAGEN N.V.(1),(3),(4)

     11,928          492,388  

Repligen Corp.(1),(2),(3)

     1,989          372,162  

SomaLogic, Inc.(1),(2),(3)

     206,121          597,751  

Standard BioTools, Inc.(3)

     181          199  

Syneos Health, Inc.(1),(3)

     4,017          189,401  
       

 

 

 

       5,954,535  
    

 

 

 

Machinery 7.1%

       

Cummins, Inc.(1),(2)

     11,006          2,239,831  

Deere & Co.(1)

     4,918          1,642,071  

Flowserve Corp.(1),(2)

     73,544          1,787,119  

Fortive Corp.(1),(2)

     19,520          1,138,016  

Ingersoll Rand, Inc.(1),(2)

     20,127          870,694  

Otis Worldwide Corp.(1)

     5,812          370,806  

Parker-Hannifin Corp.(1)

     8,596          2,082,897  

Proto Labs, Inc.(1),(2),(3)

     15,041          547,944  

Timken Co. (The)(1)

     7,338          433,235  

Trinity Industries, Inc.(1),(2)

     118,343          2,526,623  
       

 

 

 

                   13,639,236      
    

 

 

 

Marine 0.2%

       

Star Bulk Carriers Corp.(4)

     18,528          323,869  
       

 

 

 

Media 2.9%

       

comScore, Inc.(2),(3)

     2,186,975          3,608,509  

Criteo S.A., ADR(1),(3),(4)

     6,226          168,289  

DISH Network Corp., Class A(2),(3)

     4,499          62,221  

Fox Corp., Class A(1),(2)

     16,408          503,398  

Gray Television, Inc.(1),(2)

     16,917          242,251  

Liberty Media Corp-Liberty SiriusXM, Class A(1),(3)

     1,720          65,480  

Nexstar Media Group, Inc., Class A(1),(2)

     1,899          316,848  

Shaw Communications, Inc., Class B(1),(4)

     13,185          320,659  

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Media

 

TEGNA, Inc.(1)

     14,775          305,547  
       

 

 

 

       5,593,202  
    

 

 

 

Metals & Mining 4.9%

       

Alcoa Corp.(1),(2)

     24,760          833,422  

Alpha Metallurgical Resources, Inc.(1)

     9,779          1,338,158  

Barrick Gold Corp.(4)

     1,702          26,381  

Carpenter Technology Corp.(2)

     77,590          2,416,153  

Cleveland-Cliffs, Inc.(1),(2),(3)

     21,727          292,663  

MP Materials Corp.(1),(2),(3)

     14,485          395,440  

Sigma Lithium Corp.(3),(4)

     24,780          673,768  

Teck Resources Ltd., Class B(1),(4)

     32,156          977,864  

Vale S.A., ADR(1),(4)

     57,940          771,761  

Warrior Met Coal, Inc.(1)

     60,891          1,731,740  

Yamana Gold, Inc.(1),(4)

     8,325          37,712  
       

 

 

 

       9,495,062  
    

 

 

 

Multi-Utilities 0.1%

       

Sempra Energy(1),(2)

     1,145          171,681  
       

 

 

 

Multiline Retail 0.7%

       

Dollar Tree, Inc.(2),(3)

     5,799          789,244  

Kohl’s Corp.(1),(2)

     20,344          511,652  
       

 

 

 

                     1,300,896      
    

 

 

 

Oil, Gas & Consumable Fuels 32.7%

       

Alliance Resource Partners L.P.

     67,390          1,543,231  

Antero Resources Corp.(2),(3)

     68,124          2,079,826  

Arch Resources, Inc.

     15,513          1,839,842  

Chesapeake Energy Corp.

     37,826          3,563,588  

Chord Energy Corp.(2)

     13,747          1,880,177  

ConocoPhillips(1),(2)

     60,741          6,216,234  

CONSOL Energy, Inc.

     32,596          2,096,575  

Devon Energy Corp.(1),(2)

     54,604          3,283,339  

Diamondback Energy, Inc.(1),(2)

     26,292          3,167,134  

EOG Resources, Inc.(1)

     36,454          4,073,005  

Exxon Mobil Corp.(1),(2)

     3,015          263,240  

Magnolia Oil & Gas Corp., Class A(2)

     43,130          854,405  

Marathon Oil Corp.(1),(2)

     155,644          3,514,442  

Marathon Petroleum Corp.(1)

     13,058          1,297,051  

Matador Resources Co.(2)

     46,399          2,269,839  

Murphy Oil Corp.

     107,585          3,783,764  

Northern Oil and Gas, Inc.(1)

     98,120          2,689,469  

Occidental Petroleum Corp.(1)

     52,031          3,197,305  

PDC Energy, Inc.(2)

     18,583          1,073,912  

Peabody Energy Corp.(2),(3)

     130,954          3,250,278  

Petroleo Brasileiro S.A., ADR(1),(4)

     59,846          738,500  

Phillips 66(1)

     10,039          810,348  

Pioneer Natural Resources Co.(1),(2)

     14,029          3,037,699  

Range Resources Corp.(2)

     97,905          2,473,080  

SM Energy Co.

     77,581          2,917,821  

Southwestern Energy Co.(2),(3)

     46,077          281,991  

Valero Energy Corp.(1),(2)

     4,893          522,817  
       

 

 

 

       62,718,912  
    

 

 

 

Paper & Forest Products 0.1%

       

Louisiana-Pacific Corp.

     4,952          253,493  
       

 

 

 

Personal Products 2.2%

       

Coty, Inc., Class A(1),(2),(3)

     146,148          923,655  

elf Beauty, Inc.(1),(3)

     40,851          1,536,815  

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Personal Products

 

Estee Lauder Cos., Inc. (The), Class A(1)

     7,775          1,678,623  
       

 

 

 

       4,139,093  
    

 

 

 

Pharmaceuticals 6.5%

       

AstraZeneca PLC, ADR(1),(4)

     58,589          3,213,021  

Bausch Health Cos., Inc.(1),(3)

     5,936          40,899  

Catalent, Inc.(1),(2),(3)

     9,132          660,791  

Contra Zogenix, Inc.(3)

     40,508          30,381  

Eli Lilly & Co.(1)

     12,099          3,912,212  

Intra-Cellular Therapies, Inc.(1),(3)

     564          26,243  

Jazz Pharmaceuticals PLC(1),(3),(4)

     7,751          1,033,131  

Merck & Co., Inc.(1)

     19,877          1,711,807  

Relmada Therapeutics, Inc.(1),(3)

     1,163          43,054  

Royalty Pharma PLC, Class A(4)

     1,442          57,940  

Teva Pharmaceutical Industries Ltd., ADR(1),(2),(3),(4)

     45,754          369,235  

Tricida, Inc.(1),(3)

     2,925          30,654  

Zoetis, Inc.(1),(2)

     9,229          1,368,568  
       

 

 

 

                   12,497,936      
    

 

 

 

Professional Services 1.6%

       

KBR, Inc.(1),(2)

     3,833          165,662  

Nielsen Holdings PLC(1),(4)

     103,679          2,873,982  
       

 

 

 

       3,039,644  
    

 

 

 

Real Estate Investment Trusts 74.0%

       

Acadia Realty Trust(1),(2)

     278,426          3,513,736  

American Homes 4 Rent, Class A(1)

     205,838          6,753,545  

Americold Realty Trust, Inc.(1)

     169,333          4,165,592  

AvalonBay Communities, Inc.(1),(2)

     16,404          3,021,453  

Boston Properties, Inc.(1),(2)

     113,656          8,520,790  

Brandywine Realty Trust(1)

     149,639          1,010,063  

Brixmor Property Group, Inc.(1)

     246,544          4,553,668  

Broadstone Net Lease, Inc.(1)

     337,558          5,242,276  

Cousins Properties, Inc.(1),(2)

     124,189          2,899,813  

CubeSmart(1),(2)

     108,510          4,346,911  

Douglas Emmett, Inc.(1)

     199,980          3,585,641  

Duke Realty Corp.(1)

     35,511          1,711,630  

Essential Properties Realty Trust, Inc.(1)

     323,932          6,300,477  

Federal Realty OP L.P.(1),(2)

     14,118          1,272,314  

Healthpeak Properties, Inc.(1)

     271,558          6,224,109  

Highwoods Properties, Inc.(1),(2)

     507,494          13,682,038  

LXP Industrial Trust(1),(2)

     4,105          37,602  

National Health Investors, Inc.(1),(2)

     16,043          906,911  

National Retail Properties, Inc.(1),(2)

     169,069          6,739,090  

Paramount Group, Inc.(1)

     14,760          91,955  

Prologis, Inc.(1),(2)

     52,899          5,374,538  

Public Storage(1)

     19,431          5,689,591  

Regency Centers Corp.(1)

     68,646          3,696,587  

Retail Opportunity Investments Corp.

     353,694          4,866,829  

Rexford Industrial Realty, Inc.(1)

     35,697          1,856,244  

Sabra Health Care REIT, Inc.(1),(2)

     583,788          7,659,299  

Spirit Realty Capital, Inc.(1)

     171,853          6,214,205  

STORE Capital Corp.(1)

     20,596          645,273  

Sun Communities, Inc.(1),(2)

     5,826          788,433  

UDR, Inc.(1),(2)

     148,804          6,206,615  

Ventas, Inc.(1),(2)

     267,362          10,739,932  

VICI Properties, Inc.(2)

     45,074          1,345,459  

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Real Estate Investment Trusts

 

Washington Real Estate Investment Trust(1),(2)

     135,547          2,380,205  
       

 

 

 

                 142,042,824      
    

 

 

 

Road & Rail 5.4%

       

ArcBest Corp.(1),(2)

     2,847          207,062  

Canadian Pacific Railway Ltd.(1),(2),(4)

     20,910          1,395,115  

CSX Corp.(1),(2)

     109,941          2,928,828  

FTAI Infrastructure, Inc.(3)

     3,004          7,210  

Heartland Express, Inc.(1)

     5,629          80,551  

Hertz Global Holdings, Inc.(1),(2),(3)

     20,555          334,635  

JB Hunt Transport Services, Inc.(1),(2)

     2,078          325,041  

Old Dominion Freight Line, Inc.(1),(2)

     1,453          361,463  

Ryder System, Inc.(1),(2)

     45,754          3,453,969  

Saia, Inc.(1),(2),(3)

     1,168          221,920  

Uber Technologies, Inc.(1),(3)

     23,384          619,676  

XPO Logistics, Inc.(1),(3)

     11,626          517,590  
       

 

 

 

       10,453,060  
    

 

 

 

Semiconductors & Semiconductor Equipment 2.3%

       

Advanced Micro Devices, Inc.(1),(2),(3)

     21,987          1,393,096  

GLOBALFOUNDRIES, Inc.(1),(3),(4)

     1,486          71,848  

MACOM Technology Solutions Holdings, Inc.(1),(3)

     752          38,946  

QUALCOMM, Inc.(1)

     21,743          2,456,524  

Ultra Clean Holdings, Inc.(1),(2),(3)

     2,782          71,637  

Wolfspeed, Inc.(1),(2),(3)

     4,401          454,888  
       

 

 

 

       4,486,939  
    

 

 

 

Software 10.8%

       

Adobe, Inc.(3)

     683          187,962  

Atlassian Corp. PLC, Class A(1),(3),(4)

     638          134,356  

Avalara, Inc.(1),(3)

     2,071          190,118  

Bill.com Holdings, Inc.(1),(2),(3)

     1,717          227,279  

BTRS Holdings, Inc.(3)

     33,612          311,247  

Cipher Mining, Inc.(3)

     371,278          467,810  

Citrix Systems, Inc.(1),(2)

     2,976          309,206  

Descartes Systems Group, Inc. (The)(1),(3),(4)

     5,061          321,525  

Domo, Inc., Class B(3)

     38,430          691,356  

ForgeRock, Inc., Class A(3)

     38,418          558,214  

Freshworks, Inc., Class A(1),(3)

     4,432          57,483  

Gitlab, Inc., Class A(1),(3)

     3,426          175,480  

HubSpot, Inc.(1),(3)

     731          197,458  

Intuit, Inc.(1),(2)

     1,529          592,212  

KnowBe4, Inc., Class A(1),(3)

     21,817          454,012  

LiveRamp Holdings, Inc.(3)

     2,905          52,755  

Manhattan Associates, Inc.(1),(3)

     11,923          1,586,117  

Microsoft Corp.(1)

     14,299          3,330,237  

Monday.com Ltd.(1),(3),(4)

     1,451          164,456  

Nutanix, Inc., Class A(1),(3)

     5,535          115,294  

Oracle Corp.(1),(2)

     24,239          1,480,276  

Paycom Software, Inc.(1),(3)

     1,077          355,399  

Paylocity Holding Corp.(1),(2),(3)

     4,362          1,053,772  

RingCentral, Inc., Class A(1),(3)

     498          19,900  

Riskified Ltd., Class A(3),(4)

     25,540          100,628  

Roper Technologies, Inc.(2)

     836          300,659  

Salesforce, Inc.(1),(3)

     6,253          899,432  

SentinelOne, Inc., Class A(1),(3)

     3,714          94,930  

ServiceNow, Inc.(1),(2),(3)

     2,410          910,040  

Sumo Logic, Inc.(2),(3)

     109,870          824,025  

Tenable Holdings, Inc.(1),(3)

     7,634          265,663  

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Software

 

Trade Desk, Inc. (The), Class A(2),(3)

     13,994          836,142  

Varonis Systems, Inc., Class B(2),(3)

     5,831          154,638  

Verint Systems, Inc.(1),(2),(3)

     20,356          683,554  

Workday, Inc., Class A(1),(3)

     11,375          1,731,502  

Workiva, Inc.(3)

     5,816          452,485  

Zscaler, Inc.(1),(2),(3)

     3,271          537,654  
       

 

 

 

                   20,825,276      
    

 

 

 

Specialty Retail 4.5%

 

AutoZone, Inc.(1),(2),(3)

     1,306          2,797,361  

Burlington Stores, Inc.(3)

     10,182          1,139,264  

Home Depot, Inc. (The)(1)

     3,078          849,343  

Lithia Motors, Inc., Class A(1)

     3,419          733,546  

Sonic Automotive, Inc., Class A(1),(2)

     30,029          1,300,256  

TJX Cos., Inc. (The)(1)

     28,945          1,798,063  
       

 

 

 

       8,617,833  
    

 

 

 

Technology Hardware, Storage & Peripherals 0.4%

 

Apple, Inc.(1)

     3,846          531,517  

Pure Storage, Inc., Class A(1),(3)

     12,294          336,487  
       

 

 

 

       868,004  
    

 

 

 

Textiles, Apparel & Luxury Goods 0.1%

 

Tapestry, Inc.(1),(2)

     8,698          247,284  
       

 

 

 

Thrifts & Mortgage Finance 1.5%

 

Mr. Cooper Group, Inc.(1),(3)

     72,876          2,951,478  
       

 

 

 

Trading Companies & Distributors 5.2%

 

Air Lease Corp., Class A(1),(2)

     110,490          3,426,295  

Beacon Roofing Supply, Inc.(1),(3)

     4,816          263,531  

Ferguson PLC(1),(4)

     18,946          1,950,112  

Fortress Transportation and Infrastructure Investors LLC, Class A(1)

     117,381          1,760,128  

MRC Global, Inc.(1),(3)

     75,608          543,621  

United Rentals, Inc.(1),(3)

     5,055          1,365,457  

WESCO International, Inc.(1),(2),(3)

     5,336          637,012  
       

 

 

 

       9,946,156  
    

 

 

 

Wireless Telecommunication Services 0.7%

 

NII Holdings, Inc.(3)

     174,048          60,917  

T-Mobile U.S., Inc.(1),(2),(3)

     8,959          1,202,029  
       

 

 

 

       1,262,946  
       

 

 

 

Total Common Stocks (Cost $746,703,310)

                    686,628,776      
       

 

 

 

Exchange-Traded Funds 8.5%

 

ARK Innovation ETF(1)

     59,797          2,256,141  

Direxion Daily MSCI Brazil Bull 2X Shares, Class B(1)

     1,000          72,580  

Invesco S&P 500 Equal Weight ETF(1)

     19,546          2,487,815  

Invesco S&P 500 Low Volatility ETF(1)

     4,697          271,627  

iShares 20+ Year Treasury Bond ETF(1)

     64,746          6,633,228  

iShares Russell 2000 ETF

     4,126          680,460  

iShares U.S. Real Estate ETF

     1,722          140,205  

ProShares UltraPro QQQ(1)

     900          17,388  

ProShares UltraShort 20+ Year Treasury ETF(3)

     1,588          50,514  

ProShares VIX Short-Term Futures ETF(3)

     130,479          2,231,191  

SPDR S&P Oil & Gas Exploration & Production ETF

     882          110,003  

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Exchange-Traded Funds

 

United States Oil Fund L.P.(3)

     20,010          1,306,253  
       

 

 

 

Total Exchange-Traded Funds (Cost $16,389,349)

          16,257,405  
       

 

 

 

Limited Partnerships 0.6%

 

Chemicals 0.6%

 

CVR Partners, L.P.

     4,784          547,433  

CVR Partners, L.P.(1)

     5,410          619,066  
       

 

 

 

Total Limited Partnerships (Cost $1,250,590)

          1,166,499  
       

 

 

 

Closed-End Mutual Funds 0.4%

 

Closed-End Mutual Funds 0.4%

 

Sprott Physical Gold Trust(3),(4)

     59,379          760,051  
       

 

 

 

Total Closed-End Mutual Funds (Cost $868,313)

          760,051  
       

 

 

 

Warrants 0.1%

 

Biotechnology 0.0%

 

EQRx, Inc.(3)

     33,681          26,945  
       

 

 

 

Diversified Financial Services 0.0%

 

Aequi Acquisition Corp., Class A(3)

     8,874          333  

Argus Capital Corp., Class A(3)

     50,166          7,470  

CENAQ Energy Corp., Class A(3),(4)

     10,302          1,875  

Financial Strategies Acquisition Corp.(3)

     40,406          1,818  

Gores Technology Partners II, Inc.(3)

     3,126          500  

HumanCo Acquisition Corp., Class A(3)

     150,043          16,475  
       

 

 

 

       28,471  
    

 

 

 

Health Care Providers & Services 0.0%

 

Sema4 Holdings Corp.(3)

     304,201          54,771  
       

 

 

 

Health Care Technology 0.0%

 

Multiplan Corp.(3)

     4,362          1,036  
       

 

 

 

Life Sciences Tools & Services 0.1%

 

SomaLogic, Inc.(3)

     120,844          56,193  
       

 

 

 

Total Warrants (Cost $1,400,906)

          167,416  
       

 

 

 

Rights 0.0%

 

Diversified Financial Services 0.0%

 

Financial Strategies Acquisition Corp.(3)

     40,406          2,212  
       

 

 

 

Total Rights (Cost $9,509)

          2,212  
       

 

 

 

Total Long Investments (Cost $766,621,977)

                    704,982,359      
       

 

 

 

Securities Sold Short (5)(301.2)%

 

Common Stocks (243.0)%

 

Aerospace & Defense (2.4)%

 

Boeing Co. (The)

     37,282          (4,514,105
       

 

 

 

Air Freight & Logistics (4.0)%

 

Atlas Air Worldwide Holdings, Inc.

     6,676          (638,025

Expeditors International of Washington, Inc.

     44,807          (3,956,906

GXO Logistics, Inc.

     8,463          (296,713

Hub Group, Inc., Class A

     2,858          (197,145

United Parcel Service, Inc., Class B

     15,782          (2,549,424
       

 

 

 

       (7,638,213
    

 

 

 

Airlines (0.0)%

 

JetBlue Airways Corp.

     9,434          (62,547
       

 

 

 

Auto Components (0.5)%

 

Lear Corp.

     6,371          (762,545

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Auto Components

 

QuantumScape Corp.

     33,134          (278,657
       

 

 

 

       (1,041,202
    

 

 

 

Automobiles (2.6)%

       

Ford Motor Co.

     194,684          (2,180,461

Stellantis N.V.(4)

     169,125          (2,002,440

Tesla, Inc.

     2,835          (751,983
       

 

 

 

       (4,934,884
    

 

 

 

Banks (20.4)%

       

Ameris Bancorp

     23,663          (1,057,973 )     

Bank OZK

     44,419          (1,757,216

BankUnited, Inc.

     33,708          (1,151,802

Citigroup, Inc.

     116,186          (4,841,471

Comerica, Inc.

     28,402          (2,019,382

East West Bancorp, Inc.

     40,330          (2,707,756

Fifth Third Bancorp

     21,780          (696,089

First Citizens BancShares, Inc., Class A

     582          (464,104

First Hawaiian, Inc.

     28,455          (700,847

First Republic Bank

     25,640          (3,347,302

Hilltop Holdings, Inc.

     53,713          (1,334,768

Home BancShares, Inc.

     58,000          (1,305,580

Huntington Bancshares, Inc.

     203,630          (2,683,843

KeyCorp

     255,162          (4,087,695

Prosperity Bancshares, Inc.

     39,204          (2,614,123

Simmons First National Corp., Class A

     28,611          (623,434

SVB Financial Group

     10,348          (3,474,651

Truist Financial Corp.

     97,904          (4,262,740
       

 

 

 

                  (39,130,776
    

 

 

 

Beverages (7.7)%

       

Anheuser-Busch InBev S.A., ADR(4)

     15,383          (694,696

Brown-Forman Corp., Class B

     21,727          (1,446,367

Coca-Cola Co. (The)

     132,799          (7,439,400

Keurig Dr Pepper, Inc.

     35,739          (1,280,171

Molson Coors Beverage Co., Class B

     40,782          (1,957,128

National Beverage Corp.

     49,820          (1,920,063
       

 

 

 

       (14,737,825
    

 

 

 

Biotechnology (2.2)%

       

ADC Therapeutics S.A.(4)

     2,368          (11,414

Amgen, Inc.

     2,525          (569,135

Arcturus Therapeutics Holdings, Inc.

     9,712          (143,932

Arcus Biosciences, Inc.

     2,817          (73,693

Avidity Biosciences, Inc.

     5,342          (87,235

Beam Therapeutics, Inc.

     1,753          (83,513

BeiGene Ltd., ADR(4)

     1,412          (190,366

Caribou Biosciences, Inc.

     8,582          (90,540

Compass Pathways PLC, ADR(4)

     6,689          (71,773

Design Therapeutics, Inc.

     10,171          (170,059

Editas Medicine, Inc., Class A

     10,799          (132,180

Erasca, Inc.

     20,828          (162,458

Graphite Bio, Inc.

     5,639          (17,876

IGM Biosciences, Inc.

     3,561          (80,977

Ionis Pharmaceuticals, Inc.

     4,064          (179,751

iTeos Therapeutics, Inc.

     4,230          (80,581

Kodiak Sciences, Inc.

     15,972          (123,623

Krystal Biotech, Inc.

     343          (23,907

Kymera Therapeutics, Inc.

     2,115          (46,044

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Biotechnology

 

Moderna, Inc.

     7,263                         (858,850 )     

Nkarta, Inc.

          10,172          (133,863

Novavax, Inc.

     7,566          (137,701

Praxis Precision Medicines, Inc.

     2,816          (6,392

Recursion Pharmaceuticals, Inc., Class A

     10,097          (107,432

Rhythm Pharmaceuticals, Inc.

     4,356          (106,722

Rocket Pharmaceuticals, Inc.

     6,494          (103,644

Seres Therapeutics, Inc.

     9,884          (63,455

SQZ Biotechnologies Co.

     2,247          (5,123

Stoke Therapeutics, Inc.

     5,575          (71,583

Taysha Gene Therapies, Inc.

     4,230          (8,164

uniQure N.V.(4)

     4,538          (85,133

Vaxcyte, Inc.

     557          (13,368

Verve Therapeutics, Inc.

     3,782          (129,912

Y-mAbs Therapeutics, Inc.

     5,800          (83,636

Zentalis Pharmaceuticals, Inc.

     2,903          (62,879
       

 

 

 

       (4,316,914
       

 

 

 

Building Products (0.9)%

       

Allegion PLC(4)

     6,520          (584,714

Carlisle Cos., Inc.

     2,928          (821,040

JELD-WEN Holding, Inc.

     13,108          (114,695

Lennox International, Inc.

     424          (94,412

Owens Corning

     257          (20,203
       

 

 

 

       (1,635,064
       

 

 

 

Capital Markets (11.9)%

       

Bank of New York Mellon Corp. (The)

     21,862          (842,124

BlackRock, Inc.

     9,145          (5,032,311

Blackstone Group, Inc. (The), Class A

     57,586          (4,819,948

Evercore, Inc., Class A

     8,727          (717,796

Goldman Sachs Group, Inc. (The)

     9,176          (2,689,027

Janus Henderson Group PLC(4)

     66,739          (1,355,469

KKR & Co., Inc., Class A

     16,104          (692,472

Moelis & Co., Class A

     40,652          (1,374,444

SEI Investments Co.

     13,366          (655,602

State Street Corp.

     10,905          (663,133

Stifel Financial Corp.

     36,250          (1,881,738

T Rowe Price Group, Inc.

     19,546          (2,052,525
       

 

 

 

       (22,776,589
       

 

 

 

Chemicals (0.5)%

       

Dow, Inc.

     9,798          (430,426

Scotts Miracle-Gro Co. (The)

     3,595          (153,686

Sherwin-Williams Co. (The)

     1,456          (298,116
       

 

 

 

       (882,228
       

 

 

 

Commercial Services & Supplies (2.0)%

       

Clean Harbors, Inc.

     584          (64,228

KAR Auction Services, Inc.

     93,397          (1,043,244

Ritchie Bros Auctioneers, Inc.(4)

     14,308          (893,964

Tetra Tech, Inc.

     10,796          (1,387,610

Waste Connections, Inc.(4)

     2,614          (353,230

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Commercial Services & Supplies

 

Waste Management, Inc.

     875                          (140,184 )     
       

 

 

 

       (3,882,460
       

 

 

 

Communications Equipment (0.6)%

       

Cisco Systems, Inc.

     26,452          (1,058,080
       

 

 

 

Construction & Engineering (1.5)%

       

AECOM

     41,673          (2,849,183
       

 

 

 

Consumer Finance (5.6)%

       

Ally Financial, Inc.

     97,226          (2,705,799

American Express Co.

     9,869          (1,331,427

Capital One Financial Corp.

     21,775          (2,007,002

Navient Corp.

     49,864          (732,502

OneMain Holdings, Inc.

     69,587          (2,054,208

Synchrony Financial

     70,167          (1,978,008
       

 

 

 

       (10,808,946
       

 

 

 

Containers & Packaging (0.9)%

       

Ball Corp.

     16,519          (798,198

Crown Holdings, Inc.

     11,711          (948,942
       

 

 

 

       (1,747,140
       

 

 

 

Distributors (2.1)%

       

Genuine Parts Co.

     24,604          (3,673,869

Pool Corp.

     898          (285,753
       

 

 

 

       (3,959,622
       

 

 

 

Diversified Consumer Services (0.2)%

       

Chegg, Inc.

     18,651          (392,977
       

 

 

 

Diversified Telecommunication Services (0.9)%

       

Frontier Communications Parent, Inc.

     14,590          (341,844

Lumen Technologies, Inc.

     96,446          (702,127

Verizon Communications, Inc.

     15,965          (606,191
       

 

 

 

       (1,650,162
       

 

 

 

Electric Utilities (0.0)%

       

PG&E Corp.

     902          (11,275
       

 

 

 

Electrical Equipment (0.3)%

       

Acuity Brands, Inc.

     2,515          (396,037

Vertiv Holdings Co., Class A

     10,779          (104,772
       

 

 

 

       (500,809
       

 

 

 

Electronic Equipment, Instruments & Components (0.4)%

       

Amphenol Corp., Class A

     2,897          (193,983

Corning, Inc.

     19,082          (553,760
       

 

 

 

       (747,743
       

 

 

 

Energy Equipment & Services (2.1)%

       

Baker Hughes Co., Class A

     75,508          (1,582,648

Halliburton Co.

     35,330          (869,825

Nov, Inc.

     99,386          (1,608,065

ProPetro Holding Corp.

     839          (6,754
       

 

 

 

       (4,067,292
       

 

 

 

Entertainment (1.0)%

       

Electronic Arts, Inc.

     3,430          (396,885

Endeavor Group Holdings, Inc., Class A

     20,912          (423,677

Live Nation Entertainment, Inc.

     661          (50,263

ROBLOX Corp., Class A

     15,970          (572,365

Roku, Inc.

     2,525          (142,410

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Entertainment

 

Spotify Technology S.A.(4)

     2,913          (251,392
       

 

 

 

       (1,836,992
    

 

 

 

Food & Staples Retailing (3.5)%

       

Casey’s General Stores, Inc.

     8,198          (1,660,259

Costco Wholesale Corp.

     1,737          (820,333

Kroger Co. (The)

     15,467          (676,681

Performance Food Group Co.

     5,785          (248,466

Sysco Corp.

     38,895          (2,750,266

Walgreens Boots Alliance, Inc.

     17,676          (555,026
       

 

 

 

       (6,711,031
    

 

 

 

Food Products (13.1)%

       

Archer-Daniels-Midland Co.

     44,001          (3,539,880

B&G Foods, Inc.

     16,594          (273,635

Campbell Soup Co.

     61,641          (2,904,524

Flowers Foods, Inc.

     103,548          (2,556,600

General Mills, Inc.

     42,289          (3,239,760

Hain Celestial Group, Inc. (The)

     56,860          (959,797

Kellogg Co.

     34,266          (2,386,970

McCormick & Co., Inc.

     48,497          (3,456,381

Mondelez International, Inc., Class A

     85,637          (4,695,477

Tyson Foods, Inc., Class A

     17,094          (1,127,007
       

 

 

 

                  (25,140,031 )     
    

 

 

 

Health Care Equipment & Supplies (2.4)%

       

Align Technology, Inc.

     2,249          (465,790

Becton Dickinson and Co.

     8,573          (1,910,322

Enovis Corp.

     4,800          (221,136

Inmode Ltd.(4)

     6,468          (188,284

Intuitive Surgical, Inc.

     3,807          (713,584

Lantheus Holdings, Inc.

     813          (57,178

Medtronic PLC(4)

     1,761          (142,201

Novocure Ltd.(4)

     1,450          (110,171

Stryker Corp.

     4,360          (883,074
       

 

 

 

       (4,691,740
    

 

 

 

Health Care Providers & Services (6.9)%

       

1Life Healthcare, Inc.

     8,481          (145,449

Acadia Healthcare Co., Inc.

     2,133          (166,758

Alignment Healthcare, Inc.

     5,833          (69,063

Amedisys, Inc.

     2,960          (286,498

AmerisourceBergen Corp., Class A

     12,823          (1,735,336

Centene Corp.

     9,090          (707,293

DaVita, Inc.

     10,362          (857,663

Elevance Health, Inc.

     3,421          (1,553,955

Fresenius Medical Care AG & Co. KGaA, ADR(4)

     6,123          (85,967

Laboratory Corp. of America Holdings

     11,757          (2,407,951

LHC Group, Inc.

     3,539          (579,193

Progyny, Inc.

     4,529          (167,845

Quest Diagnostics, Inc.

     7,217          (885,454

R1 RCM, Inc.

     10,569          (195,843

UnitedHealth Group, Inc.

     6,316          (3,189,833

Universal Health Services, Inc., Class B

     3,467          (305,720
       

 

 

 

       (13,339,821
    

 

 

 

Health Care Technology (0.1)%

       

Certara, Inc.

     4,149          (55,099

Doximity, Inc., Class A

     1,217          (36,778

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Health Care Technology

 

Schrodinger, Inc.

     3,379          (84,407
       

 

 

 

       (176,284
    

 

 

 

Hotels, Restaurants & Leisure (10.5)%

       

Bally’s Corp.

     30,874          (610,070

Booking Holdings, Inc.

     18          (29,578

Carnival Corp.(4)

     460,094          (3,234,461

Chipotle Mexican Grill, Inc.

     2,175          (3,268,503

Choice Hotels International, Inc.

     23,164          (2,536,921

Cracker Barrel Old Country Store, Inc.

     11,769          (1,089,574

Dine Brands Global, Inc.

     21,170          (1,345,565

Marriott International, Inc., Class A

     20,048          (2,809,527

McDonald’s Corp.

     2,102          (485,015

Papa John’s International, Inc.

     18,984          (1,329,070

Penn National Gaming, Inc.

     19,590          (538,921

Red Rock Resorts, Inc., Class A

     12,583          (431,094

Ruth’s Hospitality Group, Inc.

     24,368          (410,844

Scientific Games Corp., Class A

     12,305          (527,638

SeaWorld Entertainment, Inc.

     8,739          (397,712

Shake Shack, Inc., Class A

     11,791          (530,359

Starbucks Corp.

     3,480          (293,225

Wendy’s Co. (The)

     17,221          (321,861
       

 

 

 

       (20,189,938
    

 

 

 

Household Durables (0.7)%

       

Helen of Troy Ltd.(4)

     2,634          (254,023

Lennar Corp., Class A

     2,034          (151,635

Mohawk Industries, Inc.

     1,991          (181,559

Newell Brands, Inc.

     39,158          (543,905

TopBuild Corp.

     436          (71,844

Whirlpool Corp.

     1,409          (189,947
       

 

 

 

       (1,392,913
    

 

 

 

Household Products (4.5)%

       

Church & Dwight Co., Inc.

     15,215          (1,086,960

Kimberly-Clark Corp.

     67,389          (7,583,958
       

 

 

 

       (8,670,918
    

 

 

 

Industrial Conglomerates (1.1)%

       

3M Co.

     6,554          (724,217

General Electric Co.

     12,162          (752,950

Honeywell International, Inc.

     3,490          (582,725
       

 

 

 

       (2,059,892
    

 

 

 

Insurance (1.1)%

       

First American Financial Corp.

     43,649          (2,012,219

Oscar Health, Inc., Class A

     8,579          (42,809
       

 

 

 

       (2,055,028
    

 

 

 

Interactive Media & Services (0.7)%

       

Bumble, Inc., Class A

     7,505          (161,282

fuboTV, Inc.

     30,458          (108,126

Snap, Inc., Class A

     16,335          (160,410

Twitter, Inc.

     15,589          (683,422

ZoomInfo Technologies, Inc.

     4,171          (173,764
       

 

 

 

                    (1,287,004 )     
    

 

 

 

Internet & Direct Marketing Retail (2.4)%

       

DoorDash, Inc., Class A

     8,435          (417,111

eBay, Inc.

     90,817          (3,342,974

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Internet & Direct Marketing Retail

 

Trip.com Group Ltd., ADR(4)

     32,859          (897,379
       

 

 

 

       (4,657,464
    

 

 

 

IT Services (1.4)%

       

Booz Allen Hamilton Holding Corp.

     14,411          (1,330,856

International Business Machines Corp.

     2,251          (267,441

MongoDB, Inc.

     5,790          (1,149,663
       

 

 

 

       (2,747,960
    

 

 

 

Leisure Products (0.8)%

       

Brunswick Corp.

     23,643          (1,547,434
       

 

 

 

Life Sciences Tools & Services (2.7)%

       

Adaptive Biotechnologies Corp.

     11,539          (82,158

Agilent Technologies, Inc.

     2,875          (349,456

Avantor, Inc.

     7,331          (143,688

Bruker Corp.

     7,619          (404,264

ICON PLC, ADR(4)

     5,026          (923,678

Illumina, Inc.

     1,457          (277,981

Olink Holding AB, ADR(4)

     9,379          (113,861

PerkinElmer, Inc.

     7,140          (859,156

Quanterix Corp.

     3,548          (39,099

Seer, Inc., Class A

     5,631          (43,584

Thermo Fisher Scientific, Inc.

     3,929          (1,992,750
       

 

 

 

       (5,229,675
    

 

 

 

Machinery (4.9)%

       

AGCO Corp.

     2,233          (214,748

Allison Transmission Holdings, Inc.

     4,944          (166,909

Caterpillar, Inc.

     2,761          (453,025

Chart Industries, Inc.

     3,324          (612,779

Dover Corp.

     5,837          (680,477

Gates Industrial Corp. PLC(4)

     30,948          (302,053

IDEX Corp.

     2,362          (472,046

Illinois Tool Works, Inc.

     10,723          (1,937,110

Kennametal, Inc.

     21,689          (446,360

Lincoln Electric Holdings, Inc.

     10,638          (1,337,409

PACCAR, Inc.

     11,684          (977,834

Pentair PLC(4)

     6,824          (277,259

RBC Bearings, Inc.

     1,743          (362,213

Snap-on, Inc.

     3,920          (789,292

Stanley Black & Decker, Inc.

     3,782          (284,444

Westinghouse Air Brake Technologies Corp.

     1,760          (143,176
       

 

 

 

       (9,457,134
    

 

 

 

Marine (0.6)%

       

Kirby Corp.

     12,636          (767,890

ZIM Integrated Shipping Services Ltd.(4)

     14,540          (341,690
       

 

 

 

                    (1,109,580 )     
    

 

 

 

Media (2.1)%

       

Charter Communications, Inc., Class A

     3,519          (1,067,489

Comcast Corp., Class A

     24,409          (715,916

Integral Ad Science Holding Corp.

     3,294          (23,848

New York Times Co. (The), Class A

     27,941          (803,304

Omnicom Group, Inc.

     6,341          (400,054

Paramount Global, Class B

     45,114          (858,970

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Media

 

Sinclair Broadcast Group, Inc., Class A

     12,537          (226,794
       

 

 

 

       (4,096,375
    

 

 

 

Metals & Mining (3.5)%

       

BHP Group Ltd., ADR(4)

     44,602          (2,231,884

Freeport-McMoRan, Inc.

     36,212          (989,674

Hudbay Minerals, Inc.(4)

     74,341          (299,594

Rio Tinto PLC, ADR(4)

     33,697          (1,855,357

Southern Copper Corp.

     16,007          (717,754

Steel Dynamics, Inc.

     4,152          (294,585

United States Steel Corp.

     14,485          (262,468
       

 

 

 

       (6,651,316
    

 

 

 

Mortgage Real Estate Investment (1.4)%

       

AGNC Investment Corp.

     159,995          (1,347,158

Annaly Capital Management, Inc.

     78,651          (1,349,651
       

 

 

 

       (2,696,809
    

 

 

 

Multiline Retail (0.2)%

       

Dollar General Corp.

     1,041          (249,694

Target Corp.

     1,134          (168,274
       

 

 

 

       (417,968
    

 

 

 

Oil, Gas & Consumable Fuels (20.6)%

       

APA Corp.

     89,619          (3,064,074

BP PLC, ADR(4)

     93,936          (2,681,873

Canadian Natural Resources Ltd.(4)

     63,001          (2,933,956

Cenovus Energy, Inc.(4)

     148,810          (2,287,210

Chevron Corp.

     25,452          (3,656,689

CNX Resources Corp.

     174,166          (2,704,798

Comstock Resources, Inc.

     92,014          (1,590,922

Coterra Energy, Inc.

     62,516          (1,632,918

Delek US Holdings, Inc.

     1,203          (32,649

EQT Corp.

     46,496          (1,894,712

Equinor ASA, ADR(4)

     37,094          (1,228,182

Green Plains, Inc.

     67,226          (1,954,260

Hess Corp.

     21,916          (2,388,625

HF Sinclair Corp.

     8,490          (457,102

Laredo Petroleum, Inc.

     13,162          (827,232

Ovintiv, Inc.

     57,439          (2,642,194

PBF Energy, Inc., Class A

     9,053          (318,303

Shell PLC, ADR(4)

     31,006          (1,542,858

Suncor Energy, Inc.(4)

     101,853          (2,867,162

TotalEnergies S.E., ADR(4)

     55,648          (2,588,745

Woodside Energy Group Ltd., ADR(4)

     10,129          (204,201
       

 

 

 

                  (39,498,665 )     
    

 

 

 

Personal Products (1.5)%

       

Edgewell Personal Care Co.

     79,283          (2,965,184
       

 

 

 

Pharmaceuticals (4.6)%

       

Athira Pharma, Inc.

     1,408          (4,182

Bristol-Myers Squibb Co.

     13,266          (943,080

Elanco Animal Health, Inc.

     9,932          (123,256

GSK PLC, ADR(4)

     39,758          (1,170,078

Johnson & Johnson

     3,485          (569,310

Nektar Therapeutics, Class A

     3,969          (12,701

Novartis AG, ADR(4)

     8,831          (671,244

Novo Nordisk A/S, ADR(4)

     8,725          (869,272

Organon & Co.

     29,181          (682,835

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Pharmaceuticals

 

Perrigo Co. PLC(4)

     10,772          (384,130

Pfizer, Inc.

     33,469          (1,464,603

Reata Pharmaceuticals, Inc., Class A

     2,901          (72,902

Royalty Pharma PLC, Class A(4)

     13,363          (536,925

Sanofi, ADR(4)

     27,351          (1,039,885

Viatris, Inc.

     36,125          (307,785
       

 

 

 

       (8,852,188
    

 

 

 

Professional Services (0.1)%

       

Exponent, Inc.

     3,214          (281,771
       

 

 

 

Real Estate Investment Trusts (63.1)%

       

Agree Realty Corp.

     35,054          (2,368,949

Apartment Income REIT Corp.

     3,503          (135,286

Camden Property Trust

     28,119          (3,358,815

CareTrust REIT, Inc.

     125,106          (2,265,670

Corporate Office Properties Trust

     455,397          (10,578,872

EastGroup Properties, Inc.

     28,404          (4,099,833

Equity LifeStyle Properties, Inc.

     19,113          (1,201,061

Equity Residential

     2,330          (156,623

Essex Property Trust, Inc.

     20,782          (5,034,024

Extra Space Storage, Inc.

     45,395          (7,840,170

First Industrial Realty Trust, Inc.

     36,536          (1,637,178

Four Corners Property Trust, Inc.

     43,367          (1,049,048

Healthcare Realty Trust, Inc.

     274,072          (5,714,401

Invitation Homes, Inc.

     102,159          (3,449,909

JBG SMITH Properties

     200,480          (3,724,918

Kilroy Realty Corp.

     143,926          (6,060,724

Kimco Realty Corp.

     297,613          (5,479,055

Kite Realty Group Trust

     304,595          (5,245,126

Life Storage, Inc.

     25,691          (2,845,535

LTC Properties, Inc.

     24,044          (900,448

National Health Investors, Inc.

     3,053          (172,586

National Storage Affiliates Trust

     42,337          (1,760,373

NETSTREIT Corp.

     62,974          (1,121,567

Omega Healthcare Investors, Inc.

     115,024          (3,392,058

Park Hotels & Resorts, Inc.

     30,722          (345,930

Pebblebrook Hotel Trust

     71,351          (1,035,303

Phillips Edison & Co., Inc.

     160,746          (4,508,925

Physicians Realty Trust

     311,645          (4,687,141

Piedmont Office Realty Trust, Inc., Class A

     142,707          (1,506,986

Rayonier, Inc.

     8,727          (261,548

Realty Income Corp.

     191,901          (11,168,638

RLJ Lodging Trust

     40,056          (405,367

Simon Property Group, Inc.

     1,087          (97,558

SL Green Realty Corp.

     48,309          (1,940,089

Urban Edge Properties

     170,508          (2,274,577

Vornado Realty Trust

     267,245          (6,189,394

Welltower, Inc.

     45,738          (2,941,868

WP Carey, Inc.

     61,607          (4,300,169
       

 

 

 

                (121,255,722 )     
    

 

 

 

Real Estate Management & Development (0.0)%

       

Compass, Inc., Class A

     29,080          (67,466
       

 

 

 

Road & Rail (3.6)%

       

Canadian National Railway Co.(4)

     11,043          (1,192,533

Covenant Logistics Group, Inc., Class A

     8,493          (243,749

Knight-Swift Transportation Holdings, Inc.

     49,448          (2,419,491

Schneider National, Inc., Class B

     18,850          (382,655

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value

Common Stocks

 

Road & Rail

 

TFI International, Inc.(4)

     594          (53,745

Uber Technologies, Inc.

     14,540          (385,310

Union Pacific Corp.

     4,718          (919,161

Werner Enterprises, Inc.

     33,307          (1,252,343
       

 

 

 

       (6,848,987
    

 

 

 

Semiconductors & Semiconductor Equipment (2.1)%

       

Applied Materials, Inc.

     16,132          (1,321,695

ASML Holding N.V.(4)

     347          (144,127

Broadcom, Inc.

     718          (318,799

Lam Research Corp.

     1,496          (547,536

Micron Technology, Inc.

     2,913          (145,941

NVIDIA Corp.

     7,282          (883,962

Teradyne, Inc.

     2,899          (217,860

Tower Semiconductor Ltd.(4)

     8,947          (393,131
       

 

 

 

       (3,973,051
    

 

 

 

Software (0.6)%

       

Crowdstrike Holdings, Inc., Class A

     4,048          (667,151

DocuSign, Inc.

     3,036          (162,335

Palantir Technologies, Inc., Class A

     12,123          (98,560

Palo Alto Networks, Inc.

     1,110          (181,807

Pegasystems, Inc.

     1,241          (39,885

UiPath, Inc., Class A

     5,946          (74,979
       

 

 

 

       (1,224,717
    

 

 

 

Specialty Retail (6.0)%

       

Advance Auto Parts, Inc.

     2,611          (408,204

AutoNation, Inc.

     8,619          (878,017

Best Buy Co., Inc.

     21,981          (1,392,276

CarMax, Inc.

     10,832          (715,129

Carvana Co., Class A

     137,877          (2,798,903

Dick’s Sporting Goods, Inc.

     3,680          (385,075

Five Below, Inc.

     5,226          (719,463

Lithia Motors, Inc.

     6,674          (1,431,907

Lowe’s Cos., Inc.

     3,327          (624,844

O’Reilly Automotive, Inc.

     1,473          (1,036,035

Penske Automotive Group, Inc.

     1,868          (183,867

Tractor Supply Co.

     5,203          (967,134
       

 

 

 

                  (11,540,854 )     
    

 

 

 

Technology Hardware, Storage & Peripherals (0.6)%

       

Apple, Inc.

     5,826          (805,153

Dell Technologies, Inc., Class C

     11,385          (389,026
       

 

 

 

       (1,194,179
    

 

 

 

Thrifts & Mortgage Finance (0.7)%

       

New York Community Bancorp, Inc.

     160,483          (1,368,920
       

 

 

 

Tobacco (0.3)%

       

Philip Morris International, Inc.

     6,134          (509,183
       

 

 

 

Trading Companies & Distributors (3.9)%

       

AerCap Holdings N.V.(4)

     71,037          (3,006,996

Fastenal Co.

     7,430          (342,077

GATX Corp.

     8,451          (719,603

MSC Industrial Direct Co., Inc., Class A

     2,617          (190,544

Triton International Ltd.(4)

     55,238          (3,023,176

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

Investments    Shares          Value
Common Stocks        

Trading Companies & Distributors

       

WW Grainger, Inc.

     290          (141,865
       

 

 

 

       (7,424,261
    

 

 

 

Total Common Stocks (Proceeds $508,675,379)

 

       (466,514,491
       

 

 

 

Exchange-Traded Funds (58.2)%

 

ARK Genomic Revolution ETF

     8,792          (288,993

ARK Innovation ETF

     26,407          (996,336

Communication Services Select Sector SPDR Fund

     15,606          (747,371

Consumer Discretionary Select Sector SPDR Fund

     10,556          (1,503,702

Consumer Staples Select Sector SPDR Fund

     122,933          (8,203,319

Energy Select Sector SPDR Fund

     21,227          (1,528,769

First Trust NASDAQ Cybersecurity ETF

     412          (15,866

Health Care Select Sector SPDR Fund

     52,462          (6,353,673

Industrial Select Sector SPDR Fund

     51,008          (4,225,503

Invesco QQQ Trust, Series 1

     25,465          (6,805,776

iShares Biotechnology ETF

     12,174          (1,423,871

iShares China Large-Cap ETF

     32,394          (837,709

iShares Expanded Tech-Software Sector ETF

     15,798          (3,951,554

iShares MSCI Eurozone ETF

     72,536          (2,319,701

iShares MSCI Germany ETF

     62,624          (1,236,198

iShares MSCI Mexico ETF

     17,729          (784,154

iShares Russell 1000 Growth ETF

     4,844          (1,019,178

iShares Russell 2000 ETF

     41,054          (6,770,626

iShares Russell 2000 Growth ETF

     5,320          (1,099,059

iShares U.S. Home Construction ETF

     11,720          (609,909

iShares U.S. Technology ETF

     11,763          (863,051

iShares U.S. Transportation ETF

     12,497          (2,456,410

KraneShares CSI China Internet ETF

     63,766          (1,571,194

Materials Select Sector SPDR Fund

     6,430          (437,304

SPDR S&P 500 ETF Trust

     64,130          (22,905,953

SPDR S&P Biotech ETF

     18,476          (1,465,516

SPDR S&P Homebuilders ETF

     45,718          (2,500,318

SPDR S&P Metals & Mining ETF

     83,237          (3,536,740

SPDR S&P MidCap 400 ETF Trust

     2,538          (1,019,413

SPDR S&P Oil & Gas Exploration & Production ETF

     47,088          (5,872,815

SPDR S&P Regional Banking ETF

     949          (55,877

SPDR S&P Retail ETF

     42,537          (2,400,788

Technology Select Sector SPDR Fund

     7,072          (840,012

U.S. Global Jets ETF

     158,370          (2,377,134

Utilities Select Sector SPDR Fund

     8,417          (551,398

VanEck Gold Miners ETF

     9,052          (218,334

VanEck Semiconductor ETF

     12,227          (2,263,462

Vanguard Real Estate ETF

     120,134          (9,631,143
       

 

 

 

Total Exchange-Traded Funds (Proceeds $119,671,670)

 

       (111,688,129
       

 

 

 

Total Securities Sold Short (Proceeds $628,347,049)

 

       (578,202,620
       

 

 

 

Total Investments, net of securities sold short (Cost $138,274,928) 66.0%

 

       126,779,739  

Other assets, less liabilities 34.0%

 

       65,249,066  
       

 

 

 

Net Assets 100.0%

 

     $           192,028,805      
       

 

 

 

The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor’s.

 

(1)

All or a portion of this security has been committed as collateral for open securities sold short. The total value of assets committed as collateral as of September 30, 2022, is $442,540,815.

(2)

All or a portion of this security is on loan.

(3)

Non-income producing.

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

(4)

Foreign security.

(5)

Securities sold short are not owned by the Fund and cannot produce income.

 

ADR

   American Depository Receipt

ETF

   Exchange-Traded Fund

REIT

   Real Estate Investment Trust

 

See Notes to Schedule of Investments.


Schedule of Investments (unaudited)

Weiss Strategic Interval Fund

September 30, 2022

 

 

At September 30, 2022, the Fund had the following forward currency exchange contracts outstanding:

Forward Currency Exchange Contracts

 

Currency    Counterpartya    Type        Quantity     

Contract

Amount

    

Settlement

Date

   

Unrealized

Appreciation

    

Unrealized

Depreciation

 

Buy: EUR / Sell: USD

   State Street Bank & Trust Co.    Buy      1,352,000        1,318,118        10/31/22         $ 6,796      $  

Buy: USD / Sell: CNY

   State Street Bank & Trust Co.    Sell      2,987,000        428,121        10/31/22       6,587         

Buy: USD / Sell: CNY

   State Street Bank & Trust Co.    Sell      4,395,000        619,232        10/31/22              (1,003
                

 

 

 

Total Forward Currency Exchange Contracts

 

      $ 13,383      $ (1,003
                

 

 

 

aMay be comprised of multiple contracts with the same counterparty, currency and settlement date.

 

See Notes to Schedule of Investments.


Notes to Financial Statements

September 30, 2022 (unaudited)

1. Organization

Weiss Strategic Interval Fund (the “Fund”) was organized as a Delaware statutory trust on September 5, 2017 pursuant to an Agreement and Declaration of Trust (“Declaration of Trust”). The Fund is registered with the Securities and Exchange Commission as a closed-end, diversified management investment company under the Investment Company Act of 1940, as amended (the “1940 Act”). Weiss Multi-Strategy Advisers LLC (the “Adviser”) serves as the Fund’s investment adviser.

The Fund’s investment objective is to provide returns with moderate volatility and reduced correlation to the overall performance of the equity market. The Fund pursues its investment objective by establishing long and short positions in a diversified portfolio of equity securities. The equity securities in which the Fund takes long and short positions include domestically traded large and mid-capitalization equity securities, including master limited partnerships or other entities that offer economic exposure to master limited partnerships and shares of real estate investment trusts. The Fund operates as an interval fund under Rule 23c-3 of the 1940 Act.

2. Significant Accounting Policies

The accompanying financial statements of the Fund are prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). The Fund is an investment company and follows the accounting and reporting guidance in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies. The Fund maintains its financial records in U.S. dollars and follows the accrual basis of accounting.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Organization and Offering Costs

Under an agreement with the Fund’s sole shareholder, Somerset Reinsurance Ltd. (“Somerset”), a Bermuda-based reinsurance company, Somerset will pay all expenses incurred by the Fund in connection with the organization and offering of shares of the Fund. The sole shareholder is not entitled to the reimbursement of these costs from the Fund. During the period ended September 30, 2022, the Fund did not incur any organization or offering costs.

Federal Income Taxes

It is the Fund’s policy to comply with the requirements of Subchapter M of the Internal Revenue Code applicable to regulated investment companies and to distribute substantially all of its taxable income to its shareholders. Therefore, no provision for federal income taxes is required.

Guarantees and Indemnifications

In the normal course of business, the Fund enters into contracts with service providers that contain general indemnification clauses. The Fund’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund that have not yet occurred. However, based on experience, management expects the risk of loss to be remote.

Security Transactions, Investment Income and Expenses

The Fund records security transactions on the trade date. Realized gains and losses on sales of securities are determined using cost calculated on the basis of specific identification. Dividend income and expense are recorded on the ex-dividend date, or when the Fund first learns of the ex-date dividend notification, and interest income is recorded on an accrual basis. Withholding taxes on foreign dividends have been provided for in accordance with the Fund’s understanding of the applicable country’s tax rules and regulations. The Fund invests in real estate investment trusts (REITs) which report information on the source of their distributions annually. The Fund’s policy is to record all REIT distributions initially as dividend income on the ex-dividend date and then re-designate them as return of capital and/or capital gain distributions at the end of the reporting period based on information provided annually by each REIT, and management estimates such re-designations when actual information has not yet been reported.

Offsetting of Amounts Related to Certain Contracts

Amounts due from and to brokers are presented on a gross basis, by counterparty, even if the Fund has the legal right to offset. The Fund presents on a gross basis the fair value amounts recognized for OTC derivatives executed with the same counterparty under the same master netting agreement, even though such positions may qualify for net presentation. Fair value amounts recognized for exchange traded future contracts executed with the same broker are presented on a gross basis even if the Fund has the legal right to offset. The Fund has elected not to offset fair value amounts recognized for cash collateral receivables and payables against fair value amounts recognized for net derivative positions executed with the same counterparty under the same master netting arrangement.


Transactions with Brokers

The Fund’s receivables from brokers for proceeds on securities sold short and deposits at brokers for securities sold short are with one securities dealer. The Fund does not require the brokers to maintain collateral in support of the receivables from the brokers for proceeds on securities sold short. The Fund is required by the brokers to maintain collateral at the brokers or in a segregated account at the Fund’s custodian for securities sold short. Certain securities held at September 30, 2022 are pledged as collateral for securities sold short. The Fund may maintain cash deposits at brokers beyond the receivables for securities sold short.

Restricted cash is subject to a legal or contractual restriction by third parties as well as a restriction as to withdrawal or use, including restrictions that require the funds to be used for a specified purpose and restrictions that limit the purpose for which the funds can be used. The Fund considers deposits at broker for shorts to be restricted cash.

The Fund’s foreign currency exchange contracts’ cash deposits are monitored daily by the Adviser and counterparty. Cash deposits beyond the short sale proceeds by the Fund would be presented as deposits at brokers on the Statement of Assets and Liabilities. These transactions may involve market risk in excess of the amounts receivable or payable reflected on the Statement of Assets and Liabilities.

Share Valuation

The NAV per share of the Fund is calculated by dividing the sum of the value of the securities held by the Fund, plus cash or other assets, minus all liabilities (including estimated accrued expenses) by the total number of shares outstanding for the Fund, rounded to the nearest cent. The Fund’s shares will not be priced on days which the New York Stock Exchange is closed for trading.

Distributions

The Fund intends to declare income dividends and distribute them to the sole shareholder monthly at rates that reflect the past and projected net income of the Fund. Subject to applicable law, the Fund may fund a portion of its distributions with gains from the sale of portfolio securities and other sources. The Fund will pay the sole shareholder at least annually all or substantially all of its net investment income after the payment of interest, fees or dividends, if any, owed with respect to any forms of leverage utilized by the Fund. The Fund intends to pay any capital gains distributions at least annually. Distributions received from real estate investment trusts may be classified as dividends, capital gains, and/or return of capital.

Fair Value – Definition and Hierarchy

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e., the “exit price”) in an orderly transaction between market participants at the measurement date.

In determining fair value, the Fund uses various valuation approaches. A fair value hierarchy for inputs is used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs are to be used when available. The fair value hierarchy is categorized into three levels based on the inputs as follows:

Level 1 - Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Valuations based on inputs, other than quoted prices included in Level 1 that are observable either directly or indirectly.

Level 3 - Valuations based on inputs that are unobservable and significant to the overall fair value measurement.

Fair value is a market-based measure, based on assumptions of prices and inputs considered from the perspective of a market participant that are current as of the measurement date, rather than an entity-specific measure. Therefore, even when market assumptions are not readily available, the Fund’s own assumptions are set to reflect those that market participants would use in pricing the asset or liability at the measurement date.

The availability of valuation techniques and observable inputs can vary from investment to investment and is affected by a wide variety of factors, including the type of investment, whether the investment is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the transaction. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Because of the inherent uncertainty of valuation, those estimated values may be materially higher or lower than the values that would have been used had a ready market for the investments existed. Accordingly, the degree of judgment exercised by the Fund in determining fair value is greatest for investments categorized in Level 3. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement.

3. Fair Value Measurements

The Fund’s assets and liabilities recorded at fair value have been categorized based upon a fair value hierarchy as described in the Fund’s significant accounting policies in Note 2. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. The following is a summary of the fair valuations according to the inputs used as of September 30, 2022, for valuing the Fund’s assets and liabilities.


     Level 1      Level 2      Level 3      Total  
  

 

 

 

Assets:

           

Investments in Securities:

 

Common Stocks

           

Aerospace & Defense

     $ 6,200,153      $      $      $ 6,200,153  

Air Freight & Logistics

     16,817,811                      16,817,811  

Airlines

     2,779,670                      2,779,670  

Auto Components

     3,645,124                      3,645,124  

Automobiles

     10,470,706                      10,470,706  

Banks

     51,575,809                      51,575,809  

Beverages

     12,162,354                      12,162,354  

Biotechnology

     12,139,837                      12,139,837  

Building Products

     4,333,426                      4,333,426  

Capital Markets

     26,278,661                      26,278,661  

Chemicals

     4,525,855                      4,525,855  

Commercial Services & Supplies

     3,488,848                      3,488,848  

Communications Equipment

     9,354,734                      9,354,734  

Construction & Engineering

     904,648                      904,648  

Construction Materials

     1,005,636                      1,005,636  

Consumer Finance

     8,270,140                      8,270,140  

Containers & Packaging

     4,583,165                      4,583,165  

Diversified Consumer Services

     741,735                      741,735  

Diversified Financial Services

     18,186,619                      18,186,619  

Diversified Telecommunication Services

     806,086                      806,086  

Electric Utilities

     377,999                      377,999  

Electrical Equipment

     8,960,539                      8,960,539  

Electronic Equipment, Instruments & Components

     870,747                      870,747  

Energy Equipment & Services

     12,346,823                      12,346,823  

Entertainment

     9,338,612                      9,338,612  

Food & Staples Retailing

     1,541,588                      1,541,588  

Food Products

     31,986,533                      31,986,533  

Health Care Equipment & Supplies

     12,704,827                      12,704,827  

Health Care Providers & Services

     18,563,879                      18,563,879  

Health Care Technology

     1,719,906                      1,719,906  

Hotels, Restaurants & Leisure

     44,800,947                      44,800,947  

Household Durables

     178,995                      178,995  

Household Products

     9,269,975                      9,269,975  

Industrial Conglomerates

     44,080                      44,080  

Insurance

     2,034                      2,034  

Interactive Media & Services

     3,827,838                      3,827,838  

Internet & Direct Marketing Retail

     2,731,517                          555,285        3,286,802  

IT Services

     6,392,005                      6,392,005  

Leisure Products

     1,305,271                      1,305,271  

Life Sciences Tools & Services

     5,954,535                      5,954,535  

Machinery

     13,639,236                      13,639,236  

Marine

     323,869                      323,869  

Media

     5,593,202                      5,593,202  

Metals & Mining

     9,495,062                      9,495,062  

Multi-Utilities

     171,681                      171,681  

Multiline Retail

     1,300,896                      1,300,896  

Oil, Gas & Consumable Fuels

     62,718,912                      62,718,912  

Paper & Forest Products

     253,493                      253,493  

Personal Products

     4,139,093                      4,139,093  

Pharmaceuticals

     12,467,555                     30,381               12,497,936  

Professional Services

     3,039,644                      3,039,644  

Real Estate Investment Trusts

         142,042,824                          142,042,824  

Road & Rail

     10,453,060                      10,453,060  

Semiconductors & Semiconductor Equipment

     4,486,939                      4,486,939  


Software

     20,825,276                     20,825,276  

Specialty Retail

     8,617,833                     8,617,833  

Technology Hardware, Storage & Peripherals

     868,004                     868,004  

Textiles, Apparel & Luxury Goods

     247,284                     247,284  

Thrifts & Mortgage Finance

     2,951,478                     2,951,478  

Trading Companies & Distributors

     9,946,156                     9,946,156  

Wireless Telecommunication Services

     1,202,029              60,917        1,262,946  

Exchange-Traded Funds

     16,257,405                     16,257,405  

Limited Partnerships

     1,166,499                     1,166,499  

Closed-End Mutual Funds

     760,051                     760,051  

Warrants

          

Biotechnology

     26,945                     26,945  

Diversified Financial Services

     28,471                     28,471  

Health Care Providers & Services

     54,771                     54,771  

Health Care Technology

     1,036                     1,036  

Life Sciences Tools & Services

     56,193                     56,193  

Rights

          

Diversified Financial Services

     2,212                     2,212  

Total Investments in Securities

   $ 704,335,776     $ 30,381      $ 616,202      $ 704,982,359     

Derivative Contracts:

          

Forward Exchange Contracts(1)

   $     $ 13,383      $      $ 13,383  

Total

   $     704,335,776     $              43,764      $              616,202      $     704,995,742  

Liabilities:

          

Securities Sold Short:

 

Common Stocks

          

Aerospace & Defense

   $ (4,514,105   $      $      $ (4,514,105

Air Freight & Logistics

     (7,638,213                   (7,638,213

Airlines

     (62,547                   (62,547

Auto Components

     (1,041,202                   (1,041,202

Automobiles

     (4,934,884                   (4,934,884

Banks

     (39,130,776                   (39,130,776

Beverages

     (14,737,825                   (14,737,825

Biotechnology

     (4,316,914                   (4,316,914

Building Products

     (1,635,064                   (1,635,064

Capital Markets

     (22,776,589                   (22,776,589

Chemicals

     (882,228                   (882,228

Commercial Services & Supplies

     (3,882,460                   (3,882,460

Communications Equipment

     (1,058,080                   (1,058,080

Construction & Engineering

     (2,849,183                   (2,849,183

Consumer Finance

     (10,808,946                   (10,808,946

Containers & Packaging

     (1,747,140                   (1,747,140

Distributors

     (3,959,622                   (3,959,622

Diversified Consumer Services

     (392,977                   (392,977

Diversified Telecommunication Services

     (1,650,162                   (1,650,162

Electric Utilities

     (11,275                   (11,275

Electrical Equipment

     (500,809                   (500,809

Electronic Equipment, Instruments & Components

     (747,743                   (747,743

Energy Equipment & Services

     (4,067,292                   (4,067,292

Entertainment

     (1,836,992                   (1,836,992

Food & Staples Retailing

     (6,711,031                   (6,711,031

Food Products

     (25,140,031                   (25,140,031

Health Care Equipment & Supplies

     (4,691,740                   (4,691,740

Health Care Providers & Services

     (13,339,821                   (13,339,821

Health Care Technology

     (176,284                   (176,284

Hotels, Restaurants & Leisure

     (20,189,938                   (20,189,938


Household Durables

    (1,392,913                  (1,392,913

Household Products

    (8,670,918                  (8,670,918

Industrial Conglomerates

    (2,059,892                  (2,059,892

Insurance

    (2,055,028                  (2,055,028

Interactive Media & Services

    (1,287,004                  (1,287,004

Internet & Direct Marketing Retail

    (4,657,464                  (4,657,464

IT Services

    (2,747,960                  (2,747,960

Leisure Products

    (1,547,434                  (1,547,434

Life Sciences Tools & Services

    (5,229,675                  (5,229,675

Machinery

    (9,457,134                  (9,457,134

Marine

    (1,109,580                  (1,109,580

Media

    (4,096,375                  (4,096,375

Metals & Mining

    (6,651,316                  (6,651,316

Mortgage Real Estate Investment

    (2,696,809                  (2,696,809

Multiline Retail

    (417,968                  (417,968

Oil, Gas & Consumable Fuels

    (39,498,665                  (39,498,665

Personal Products

    (2,965,184                  (2,965,184