| Shares | Value | |
| Common Stocks - 123.5% | ||
| Communication Services - 18.3% | ||
| Diversified Telecommunication Services - 0.6% | ||
| Verizon Communications, Inc. | 5,892 | $264,610 |
| Entertainment - 5.3% | ||
| Liberty Media Corp.-Liberty Live Class A1 | 3,237 | 160,264 |
| Liberty Media Corp.-Liberty Live Class C1 | 199 | 10,214 |
| Live Nation Entertainment, Inc.1,2 | 16,000 | 1,751,840 |
| Madison Square Garden Entertainment Corp.1 | 4,977 | 211,672 |
| Walt Disney Co. (The) | 3,546 | 341,090 |
| 2,475,080 | ||
| Interactive Media & Services - 7.6% | ||
| Alphabet, Inc. Class C2 | 6,300 | 1,053,297 |
| IAC, Inc.1,2 | 18,370 | 988,674 |
| Match Group, Inc.1,2 | 40,200 | 1,521,168 |
| 3,563,139 | ||
| Media - 4.8% | ||
| Boston Omaha Corp. Class A1 | 9,662 | 143,674 |
| Ibotta, Inc. Class A1,2,3 | 20,548 | 1,265,962 |
| Liberty Broadband Corp. Class C1 | 7,553 | 583,771 |
| Sirius XM Holdings, Inc. | 11,515 | 272,330 |
| 2,265,737 | ||
| Total Communication Services | 8,568,566 | |
| Consumer Discretionary - 25.3% | ||
| Automobiles - 0.1% | ||
| Rivian Automotive, Inc. Class A1 | 4,170 | 46,787 |
| Broadline Retail - 8.1% | ||
| Alibaba Group Holding Ltd. ADR (China)2 | 22,500 | 2,387,700 |
| Amazon.com, Inc.1 | 7,494 | 1,396,357 |
| 3,784,057 | ||
| Hotels, Restaurants & Leisure - 8.3% | ||
| Airbnb, Inc. Class A1,2 | 14,400 | 1,826,064 |
| MGM Resorts International1,2 | 52,800 | 2,063,952 |
| 3,890,016 | ||
| Household Durables - 5.5% | ||
| D.R. Horton, Inc.2 | 13,500 | 2,575,395 |
| Specialty Retail - 1.3% | ||
| Home Depot, Inc. (The) | 1,148 | 465,170 |
| Sally Beauty Holdings, Inc.1 | 12,600 | 170,982 |
| 636,152 | ||
| Textiles, Apparel & Luxury Goods - 2.0% | ||
| Levi Strauss & Co. Class A2 | 30,000 | 654,000 |
| Shares | Value | |
| NIKE, Inc. Class B | 3,025 | $267,410 |
| 921,410 | ||
| Total Consumer Discretionary | 11,853,817 | |
| Consumer Staples - 8.7% | ||
| Beverages - 0.2% | ||
| Duckhorn Portfolio, Inc. (The)1,2 | 15,200 | 88,312 |
| Consumer Staples Distribution & Retail - 2.2% | ||
| Costco Wholesale Corp. | 773 | 685,280 |
| Target Corp. | 2,234 | 348,191 |
| 1,033,471 | ||
| Food Products - 4.6% | ||
| Archer-Daniels-Midland Co.2 | 15,000 | 896,100 |
| Dole Plc | 32,645 | 531,787 |
| Lamb Weston Holdings, Inc.2 | 11,300 | 731,562 |
| 2,159,449 | ||
| Personal Care Products - 1.7% | ||
| Coty, Inc. Class A1,2 | 48,000 | 450,720 |
| Kenvue, Inc. | 15,412 | 356,480 |
| 807,200 | ||
| Total Consumer Staples | 4,088,432 | |
| Energy - 3.6% | ||
| Oil, Gas & Consumable Fuels - 3.6% | ||
| Cheniere Energy, Inc.2 | 6,700 | 1,204,928 |
| Chevron Corp. | 3,310 | 487,464 |
| Total Energy | 1,692,392 | |
| Financials - 13.6% | ||
| Banks - 5.0% | ||
| JPMorgan Chase & Co. | 4,000 | 843,440 |
| U.S. Bancorp | 17,777 | 812,942 |
| Wells Fargo & Co.2 | 11,700 | 660,933 |
| 2,317,315 | ||
| Capital Markets - 5.8% | ||
| Charles Schwab Corp. (The)2 | 20,000 | 1,296,200 |
| Intercontinental Exchange, Inc. | 6,664 | 1,070,505 |
| S&P Global, Inc. | 690 | 356,468 |
| 2,723,173 | ||
| Financial Services - 2.8% | ||
| PayPal Holdings, Inc.1 | 3,160 | 246,575 |
| Visa, Inc. Class A | 3,911 | 1,075,329 |
| 1,321,904 | ||
| Total Financials | 6,362,392 | |
| Health Care - 5.4% | ||
| Biotechnology - 0.1% | ||
| GRAIL, Inc.1,3 | 2,005 | 27,589 |
| Life Sciences Tools & Services - 4.5% | ||
| Danaher Corp. | 2,025 | 562,990 |
| Meridian Funds | 1 | www.arrowmarkpartners.com/meridian/ |
| Shares | Value | |
| Illumina, Inc. 1,2 | 11,900 | $1,551,879 |
| 2,114,869 | ||
| Pharmaceuticals - 0.8% | ||
| Johnson & Johnson | 2,215 | 358,963 |
| Total Health Care | 2,501,421 | |
| Industrials - 5.8% | ||
| Commercial Services & Supplies - 2.1% | ||
| ACV Auctions, Inc. Class A1 | 13,594 | 276,366 |
| GFL Environmental, Inc. | 17,526 | 698,937 |
| 975,303 | ||
| Electrical Equipment - 2.8% | ||
| Acuity Brands, Inc.2 | 4,800 | 1,321,872 |
| Professional Services - 0.9% | ||
| CACI International, Inc. Class A1 | 840 | 423,830 |
| Total Industrials | 2,721,005 | |
| Information Technology - 32.7% | ||
| IT Services - 1.9% | ||
| Shopify, Inc. Class A (Canada)1,2 | 11,300 | 905,582 |
| Semiconductors & Semiconductor Equipment - 13.6% | ||
| GLOBALFOUNDRIES, Inc.1,3 | 4,200 | 169,050 |
| Micron Technology, Inc.2 | 6,200 | 643,002 |
| NVIDIA Corp.2 | 28,530 | 3,464,683 |
| QUALCOMM, Inc.2 | 12,300 | 2,091,615 |
| 6,368,350 | ||
| Software - 15.4% | ||
| Clear Secure, Inc. Class A2 | 96,000 | 3,181,440 |
| Microsoft Corp. | 2,889 | 1,243,137 |
| Salesforce, Inc.2 | 1,729 | 473,244 |
| ServiceNow, Inc.1,2 | 1,600 | 1,431,024 |
| Zoom Video Communications, Inc. Class A1,2 | 12,300 | 857,802 |
| 7,186,647 | ||
| Technology Hardware, Storage & Peripherals - 1.8% | ||
| Apple, Inc.2 | 3,588 | 836,004 |
| Total Information Technology | 15,296,583 | |
| Materials - 1.2% | ||
| Chemicals - 1.2% | ||
| Huntsman Corp.2 | 23,000 | 556,600 |
| Total Materials | 556,600 | |
| Real Estate - 5.4% | ||
| Health Care REITs - 0.8% | ||
| Alexandria Real Estate Equities, Inc. | 2,941 | 349,244 |
| Real Estate Management & Development - 1.7% | ||
| Howard Hughes Holdings, Inc.1,2 | 9,600 | 743,328 |
| Seaport Entertainment Group, Inc.1,3 | 1,066 | 29,230 |
| 772,558 | ||
| Shares | Value | |
| Specialized REITs - 2.9% | ||
| American Tower Corp. | 2,978 | $692,564 |
| Equinix, Inc. | 772 | 685,250 |
| 1,377,814 | ||
| Total Real Estate | 2,499,616 | |
| Utilities - 3.5% | ||
| Electric Utilities - 1.3% | ||
| Entergy Corp. | 4,787 | 630,017 |
| Independent Power & Renewable Electricity Producers - 2.2% | ||
| Vistra Corp. | 8,609 | 1,020,511 |
| Total Utilities | 1,650,528 | |
| Total Common Stocks - 123.5% (Cost $42,741,564) | 57,791,352 | |
| Rights - 0.0% | ||
| Real Estate - 0.0% | ||
| Real Estate Management & Development - 0.0% | ||
| Seaport Entertainment Group, Inc.1,3 | 1,066 | 3,144 |
| Total Real Estate | 3,144 | |
| Total Rights - 0.0% (Cost $0) | 3,144 | |
| Shares/ Principal Amount | ||
| Short-Term Investments - 14.3% | ||
| Money Market Funds - 13.7% | ||
| Goldman Sachs Financial Square Government Fund, Institutional Class, 4.84% (Cost $6,405,037) | 6,405,037 | 6,405,037 |
| Repurchase Agreements - 0.6%4 | ||
| Daiwa Capital Markets America, Inc., dated 9/30/24, due 10/1/24, 4.90% total to be received $48,222 (collateralized by various U.S. Government Sponsored Agency and U.S. Treasury Obligations, 0.00% - 7.50%, 4/17/25 - 10/1/54, totaling $49,179) | $48,215 | 48,215 |
| Meridian Funds | 2 | www.arrowmarkpartners.com/meridian/ |
| Shares/ Principal Amount | Value | |
| National Bank Financial, Inc., dated 9/30/24, due 10/1/24, 4.90% total to be received $250,034 (collateralized by various U.S. Treasury Obligations, 0.38% - 5.00%, 10/1/24 - 9/9/49, totaling $255,000) | $250,000 | $250,000 |
| Total Repurchase Agreements (Cost $298,215) | 298,215 | |
| Total Short-Term Investments - 14.3% (Cost $6,703,252) | 6,703,252 | |
| Total Investments - 137.8% (Cost $49,444,816) | 64,497,748 | |
| Liabilities in Excess of Other Assets - (37.8)% | (17,709,290) | |
| Net Assets - 100.0% | $46,788,458 |
| Value | ||
| Call Options Written - (37.2)% | ||
| Total Call Options Written - (37.2)% (Premium received $(9,939,855)) | $(17,404,406) | |
| ADR—American Depositary Receipt |
| Plc—Public Limited Company |
| 1 | Non-income producing securities. |
| 2 | Securities, or a portion thereof, were pledged as collateral for written options by the fund. |
| 3 | All or portion of this security is on loan at September 30, 2024. Total value of such securities at period-end amounts to $312,064 and represents 0.67% of net assets. |
| 4 | Cash collateral received from brokers for securities lending was invested in short-term investments. |
| Meridian Funds | 3 | www.arrowmarkpartners.com/meridian/ |
| Exchange-Traded Options Written | ||||||||||||
| Description | Strike Price | Expiration Date | Number of Contracts | Notional Amount | Premium Received | Value | ||||||
| Call | ||||||||||||
| Acuity Brands, Inc. | 210.00 | 12/20/24 | 48 | $1,321,872 | $(291,896) | $(340,320) | ||||||
| Alibaba Group Holding Ltd. ADR (China) | 50.00 | 1/17/25 | 100 | 1,061,200 | (276,829) | (597,500) | ||||||
| Alphabet, Inc. Class C | 70.00 | 1/17/25 | 63 | 1,053,297 | (203,646) | (619,605) | ||||||
| Apple, Inc. | 155.00 | 1/17/25 | 35 | 815,500 | (143,473) | (277,375) | ||||||
| Coty, Inc. Class A | 10.00 | 1/17/25 | 480 | 450,720 | (146,876) | (24,480) | ||||||
| D.R. Horton, Inc. | 115.00 | 1/17/25 | 86 | 1,640,622 | (333,187) | (685,420) | ||||||
| Howard Hughes Holdings, Inc. | 70.00 | 1/17/25 | 96 | 743,328 | (78,638) | (134,400) | ||||||
| Huntsman Corp. | 18.00 | 1/17/25 | 230 | 556,600 | (159,670) | (154,100) | ||||||
| Illumina, Inc. | 65.00 | 1/17/25 | 85 | 1,108,485 | (690,768) | (601,800) | ||||||
| Lamb Weston Holdings, Inc. | 75.00 | 1/17/25 | 33 | 213,642 | (78,475) | (9,570) | ||||||
| Levi Strauss & Co. Class A | 13.00 | 1/17/25 | 300 | 654,000 | (116,766) | (273,000) | ||||||
| Match Group, Inc. | 25.00 | 1/17/25 | 210 | 794,640 | (293,387) | (281,400) | ||||||
| Micron Technology, Inc. | 45.00 | 1/17/25 | 62 | 643,002 | (163,377) | (369,830) | ||||||
| QUALCOMM, Inc. | 120.00 | 1/17/25 | 88 | 1,496,440 | (371,985) | (465,256) | ||||||
| Salesforce, Inc. | 110.00 | 1/17/25 | 17 | 465,307 | (99,945) | (284,580) | ||||||
| ServiceNow, Inc. | 300.00 | 1/17/25 | 16 | 1,431,024 | (251,750) | (967,360) | ||||||
| Shopify, Inc. Class A (Canada) | 22.50 | 1/17/25 | 113 | 905,582 | (321,591) | (679,130) | ||||||
| Wells Fargo & Co. | 32.50 | 1/17/25 | 116 | 655,284 | (150,707) | (290,000) | ||||||
| Zoom Video Communications, Inc. Class A | 55.00 | 1/17/25 | 60 | 418,440 | (113,653) | (97,500) | ||||||
| Duckhorn Portfolio, Inc. (The) | 5.00 | 2/21/25 | 152 | 88,312 | (43,526) | (18,240) | ||||||
| IAC, Inc. | 40.00 | 3/21/25 | 142 | 764,244 | (178,845) | (227,200) | ||||||
| Ibotta, Inc. Class A | 30.00 | 3/21/25 | 192 | 1,182,912 | (376,160) | (662,400) | ||||||
| Alibaba Group Holding Ltd. ADR (China) | 50.00 | 6/20/25 | 125 | 1,326,500 | (336,965) | (756,250) | ||||||
| Charles Schwab Corp. (The) | 47.50 | 6/20/25 | 200 | 1,296,200 | (407,003) | (387,000) | ||||||
| NVIDIA Corp. | 135.00 | 6/20/25 | 260 | 3,157,440 | (167,311) | (2,860,000) | ||||||
| QUALCOMM, Inc. | 115.00 | 6/20/25 | 22 | 374,110 | (98,808) | (133,100) | ||||||
| Airbnb, Inc. Class A | 85.00 | 1/16/26 | 144 | 1,826,064 | (547,495) | (730,800) | ||||||
| Archer-Daniels-Midland Co. | 45.00 | 1/16/26 | 150 | 896,100 | (189,508) | (247,500) | ||||||
| Cheniere Energy, Inc. | 155.00 | 1/16/26 | 67 | 1,204,928 | (284,160) | (264,650) | ||||||
| Clear Secure, Inc. Class A | 17.13 | 1/16/26 | 960 | 3,181,440 | (630,660) | (1,660,800) | ||||||
| D.R. Horton, Inc. | 120.00 | 1/16/26 | 49 | 934,773 | (192,158) | (392,980) | ||||||
| Illumina, Inc. | 80.00 | 1/16/26 | 34 | 443,394 | (265,550) | (215,900) | ||||||
| Lamb Weston Holdings, Inc. | 65.00 | 1/16/26 | 80 | 517,920 | (205,257) | (96,880) | ||||||
| Live Nation Entertainment, Inc. | 70.00 | 1/16/26 | 160 | 1,751,840 | (509,252) | (729,600) | ||||||
| Match Group, Inc. | 25.00 | 1/16/26 | 192 | 726,528 | (254,248) | (296,640) | ||||||
| MGM Resorts International | 40.00 | 1/16/26 | 384 | 1,501,056 | (524,188) | (268,800) | ||||||
| QUALCOMM, Inc. | 185.00 | 1/16/26 | 13 | 221,065 | (72,522) | (34,255) | ||||||
| Zoom Video Communications, Inc. Class A | 55.00 | 1/16/26 | 63 | 439,362 | (148,000) | (131,985) | ||||||
| MGM Resorts International | 40.00 | 12/18/26 | 144 | 562,896 | (221,620) | (136,800) | ||||||
| Total | $(9,939,855) | $(17,404,406) | ||||||||||
| Meridian Funds | 4 | www.arrowmarkpartners.com/meridian/ |
| Meridian Funds | 5 | www.arrowmarkpartners.com/meridian/ |
