WFRBS COMMERCIAL MORTGAGE TRUST 2014-C22 SER 2014-C22 CL AS V/R REGD 4.06900000

NPORT-P false 0001688680 XXXXXXXX S000056101 C000202453 C000176693 Brinker Capital Destinations Trust 811-23207 0001688680 549300X40Y9W6WTS8B82 1055 Westlakes Drive, Suite 250 NULL Berwyn 19312 800-333-4573 Destinations Multi Strategy Alternatives Fund S000056101 549300B0D7EK5JLACQ88 2027-02-28 2026-05-31 N 558019345.53 3395829.65 554623515.88 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 79037299.29000000 CAD EUR GBP USD N 60% Russell 3000 Index 40% ICE BofA US 3M Treasury Bill RUSSELL.MC.RAY/MERRILL.MC.G0O1 WFRBS 2014-C22 A V/R 09/15/24 N/A WFRBS COMMERCIAL MORTGAGE TRUST 2014-C22 SER 2014-C22 CL AS V/R REGD 4.06900000 92890KBC8 3228302.48000000 PA USD 3079384.76000000 0.555220734756 Long ABS-CBDO CORP US N 2 2057-09-15 Variable 4.06900000 N N N N N N JPMCC 2016-JP 3.055% 07/15/26 N/A JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 20 SER 2016-JP2 CL AS REGD 3.05560000 46590MAV2 1993000.00000000 PA USD 1976252.42000000 0.356323228895 Long ABS-CBDO CORP US N 2 2049-08-15 Fixed 3.05560000 N N N N N N FHLT 2003-A M1 V/R 08/25/33 N/A FREMONT HOME LOAN TRUST 2003-A SER 2003-A CL M1 V/R REGD 4.67380000 35729PBL3 3116121.33000000 PA USD 3460874.04000000 0.624004201211 Long ABS-CBDO CORP US N 2 2033-08-25 Variable 4.67380000 N N N N N N SOMALOGIC INC WRT 12/31/27 N/A SOMALOGIC INC WARRANT EXPIRES_ 12/31/27_ 5.42380000 83444K113 77310.00000000 NS USD 0.00000000 0.000000 N/A DE CORP US N 3 SOMALOGIC INC N/A Call Purchased SOMALOGIC INC SOMALOGIC INC 1.00000000 0.00000000 USD 2027-12-31 XXXX 0.00000000 N N N JPMBB 2014-C2 4.065% 10/15/24 N/A JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2014-C25 SER 2014-C25 CL AS REGD 4.06510000 46643PBJ8 2350000.00000000 PA USD 2288312.50000000 0.412588437828 Long ABS-CBDO CORP US N 2 2047-11-15 Fixed 4.06510000 N N N N N N ISHARES MSCI USA MIN VOL FAC N/A ISHARES MSCI USA MIN VOL FACTOR ETF 0.00000000 46429B697 894223.00000000 NS USD 86381941.80000000 15.57487905339 Long EC PF US N 1 N N N N/A N/A CXT 2I65BRAB7 05.000 SP 12/20/2027 GOLDNY A15-E25 LONG N/A 1.00000000 NC USD 1561451.58000000 0.281533605282 N/A DCR US N 2 GOLDMAN SACHS FOR8UP27PHTHYVLBNG30 CDX.NA.HY.39 2I65BRAB7 Y 2027-12-20 -20000000.00000000 USD 21725000.00000000 USD 20000000.00000000 USD -163548.42000000 N N N WOART 2025-D A 3.91% 07/15/27 N/A WORLD OMNI AUTO RECEIVABLES TRUST 2025-D SER 2025-D CL A2A REGD 3.91000000 98165HAB3 7149357.26000000 PA USD 7143461.90000000 1.287983955867 Long ABS-CBDO CORP US N 2 2029-02-15 Fixed 3.91000000 N N N N N N STACR 2018-HRP1 V/R 05/25/43 N/A STACR TRUST 2018-HRP1 SER 2018-HRP1 CL B2 V/R REGD 144A P/P 15.47658000 3137G0VB2 4653407.88000000 PA USD 5481100.23000000 0.988256010260 Long ABS-CBDO CORP US Y 2 2043-05-25 Variable 15.47658000 N N N N N N SURF 2004-BC1 M1 V/R 02/25/35 N/A SPECIALTY UNDERWRITING & RESIDENTIAL FINANCE TRUST SER 2004-BC1 CL M1 V/R REGD 4.46380000 84751PBZ1 0.01000000 PA USD 0.01000000 0.000000001803 Long ABS-CBDO CORP US N 2 2035-02-25 Variable 4.46380000 N N N N N N ISHARES AAA CLO ACT ETF-USDI N/A ISHARES AAA CLO ACTIVE ETF CL USD INC 0.00000000 092528504 966000.00000000 NS USD 50222340.00000000 9.055212871800 Long EC PF US N 1 N N N SGCMS 2016-C5 3.379% 06/10/26 N/A SG COMMERCIAL MORTGAGE SECURITIES TRUST 2016-C5 SER 2016-C5 CL AM REGD 3.37900000 78419CAF1 3000000.00000000 PA USD 2950293.00000000 0.531945169205 Long ABS-CBDO CORP US N 2 2048-10-10 Fixed 3.37900000 N N N N N N PPSI 2005-WCH1 M V/R 01/25/36 N/A PARK PLACE SECURITIES INC ASSET-BACKED PASS-THROUG SER 2005-WCH1 CL M5 V/R REGD 5.01880000 70069FFM4 3075622.05000000 PA USD 2977483.87000000 0.536847750726 Long ABS-CBDO CORP US N 2 2036-01-25 Variable 5.01880000 N N N N N N TMTS 2006-7 1A2C V/R 07/25/37 N/A TERWIN MORTGAGE TRUST 2006-7 SER 2006-7 CL 1A2C V/R REGD 144A P/P 4.23880000 88156PAD3 2465000.00000000 PA USD 2254660.07000000 0.406520820961 Long ABS-CBDO CORP US Y 2 2037-07-25 Variable 4.23880000 N N N N N N N/A N/A CXT 2I65BYEI2 01.000 SP 12/20/2030 A3-E7 MSCSNY LONG N/A 1.00000000 NC USD -553584.76000000 -0.09981270973 N/A DCR US N 2 MORGAN STANLEY 9R7GPTSO7KV3UQJZQ078 CDX.NA.IG.45 2I65BYEI2 Y 2030-12-20 -20000000.00000000 USD 19046000.00000000 USD 20000000.00000000 USD 400415.24000000 N N N STACR 2020-DNA1 V/R 01/25/50 N/A FREDDIE MAC STACR REMIC TRUST 2020-DNA1 SER 2020-DNA1 CL B2 V/R REGD 144A P/P 8.97658000 35565HBE4 5438000.00000000 PA USD 6030988.34000000 1.087402204796 Long ABS-CBDO CORP US Y 2 2050-01-25 Variable 8.97658000 N N N N N N BMWOT 2025-A A 4.43% 07/27/26 N/A BMW VEHICLE OWNER TRUST 2025-A SER 2025-A CL A2A REGD 4.43000000 096924AB1 681719.17000000 PA USD 682073.60000000 0.122979567304 Long ABS-CBDO CORP US N 2 2027-10-25 Fixed 4.43000000 N N N N N N INSPIRATO INC WT EX 12/15/27 N/A INSPIRATO INC WARRANT EXP 12/15/2027 0.00000000 45791E115 131807.00000000 NS USD 0.00000000 0.000000 N/A DE CORP US N 3 INSPIRATO INC N/A Call Purchased INSPIRATO INC INSPIRATO INC 1.00000000 0.00000000 USD 2027-12-15 XXXX 0.00000000 N N N N/A N/A CXT 2I65BYEI2 01.000 SP 12/20/2030 A3-E7 GOLDNY LONG N/A 1.00000000 NC USD -553584.76000000 -0.09981270973 N/A DCR US N 2 GOLDMAN SACHS FOR8UP27PHTHYVLBNG30 CDX.NA.IG.45 2I65BYEI2 Y 2030-12-20 -20000000.00000000 USD 19000000.00000000 USD 20000000.00000000 USD 446415.24000000 N N N STACR 2020-HQA3 V/R 07/25/50 N/A FREDDIE MAC STACR REMIC TRUST 2020-HQA3 SER 2020-HQA3 CL B2 V/R REGD 144A P/P 13.72658000 35565MBE3 1280000.00000000 PA USD 1667315.71000000 0.300621171346 Long ABS-CBDO CORP US Y 2 2050-07-25 Variable 13.72658000 N N N N N N STACR 2019-HQA1 V/R 02/25/49 N/A FREDDIE MAC STACR TRUST 2019-HQA1 SER 2019-HQA1 CL B2 V/R REGD 144A P/P 15.97658000 35563MBE5 4030000.00000000 PA USD 4812089.61000000 0.867631730754 Long ABS-CBDO CORP US Y 2 2049-02-25 Variable 15.97658000 N N N N N N ADMT 2026-NQM4 A V/R 06/25/71 N/A A&D MORTGAGE TRUST 2026-NQM4 SER 2026-NQM4 CL A1 V/R REGD 144A P/P 5.57300000 00193HAC3 6500000.00000000 PA USD 6508485.10000000 1.173496058794 Long ABS-CBDO CORP US Y 2 2071-06-25 Variable 5.57300000 N N N N N N HART 2023-B A3 5.48% 04/17/28 N/A HYUNDAI AUTO RECEIVABLES TRUST 2023-B SER 2023-B CL A3 REGD 5.48000000 44933XAD9 1301747.51000000 PA USD 1307307.92000000 0.235710870990 Long ABS-CBDO CORP US N 2 2028-04-17 Fixed 5.48000000 N N N N N N CRVNA 2026-P1 A 4.1% 11/10/27 N/A CARVANA AUTO RECEIVABLES TRUST 2026-P1 SER 2026-P1 CL A2 REGD 4.10000000 14689FAB1 11500000.00000000 PA USD 11488421.80000000 2.071391037535 Long ABS-CBDO CORP US N 2 2029-06-11 Fixed 4.10000000 N N N N N N STACR 2019-FTR1 V/R 01/25/48 N/A FREDDIE MAC STACR TRUST 2019-FTR1 SER 2019-FTR1 CL B2 V/R REGD 144A P/P 12.07658000 35564PAC2 5800000.00000000 PA USD 6834215.98000000 1.232226146984 Long ABS-CBDO CORP US Y 2 2048-01-25 Variable 12.07658000 N N N N N N FORDO 2023-B A 5.23% 12/15/26 N/A FORD CREDIT AUTO OWNER TRUST 2023-B SER 2023-B CL A3 REGD 5.23000000 344930AD4 820552.11000000 PA USD 824168.45000000 0.148599622338 Long ABS-CBDO CORP US N 2 2028-05-15 Fixed 5.23000000 N N N N N N STACR 2019-HRP1 V/R 02/25/49 N/A FREDDIE MAC STACR TRUST 2019-HRP1 SER 2019-HRP1 CL B1 V/R REGD 144A P/P 7.77658000 35564RCB8 3100000.00000000 PA USD 3328367.70000000 0.600112978390 Long ABS-CBDO CORP US Y 2 2049-02-25 Variable 7.77658000 N N N N N N HAROT 2024-1 A 5.21% 05/17/27 N/A HONDA AUTO RECEIVABLES 2024-1 OWNER TRUST SER 2024-1 CL A3 REGD 5.21000000 437918AC9 563555.83000000 PA USD 566947.42000000 0.102222030578 Long ABS-CBDO CORP US N 2 2028-08-15 Fixed 5.21000000 N N N N N N N/A N/A CXT 2I65BRAD5 05.000 SP 12/20/2030 A25-E35 MSCSNY LONG N/A 1.00000000 NC USD 4690509.63000000 0.845710557829 N/A DCR US N 2 MORGAN STANLEY 9R7GPTSO7KV3UQJZQ078 CDX.NA.HY.45 2I65BRAD5 Y 2030-12-20 -30000000.00000000 USD 34245900.00000000 USD 30000000.00000000 USD 444609.63000000 N N N HAROT 2026-1 A 3.71% 09/21/27 N/A HONDA AUTO RECEIVABLES 2026-1 OWNER TRUST SER 2026-1 CL A2A REGD 3.71000000 43815CAB4 14000000.00000000 PA USD 13966762.60000000 2.518242050707 Long ABS-CBDO CORP US N 2 2028-09-21 Fixed 3.71000000 N N N N N N CGCMT 2015-GC35 V/R 11/10/25 N/A CITIGROUP COMMERCIAL MORTGAGE TRUST 2015-GC35 SER 2015-GC35 CL AS V/R REGD 4.07200000 17324KAR9 5890000.00000000 PA USD 5579966.30000000 1.006081808692 Long ABS-CBDO CORP US N 2 2048-11-10 Variable 4.07200000 N N N N N N CGCMT 2017-P8 AS V/R 09/15/27 N/A CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P8 SER 2017-P8 CL AS V/R REGD 3.78900000 17326DAF9 5000000.00000000 PA USD 4758638.00000000 0.857994272466 Long ABS-CBDO CORP US N 2 2050-09-15 Variable 3.78900000 N N N N N N CARMX 2025-1 A 4.63% 11/15/26 N/A CARMAX AUTO OWNER TRUST 2025-1 SER 2025-1 CL A2A REGD 4.63000000 14319WAB2 768677.43000000 PA USD 769466.09000000 0.138736650713 Long ABS-CBDO CORP US N 2 2028-03-15 Fixed 4.63000000 N N N N N N JPMORGAN STRAT INC OPP-R6 N/A JPMORGAN STRATEGIC INCOME OPPORTUNITIES FUND CL R6 0.00000000 48121L114 10088787.63700000 NS USD 115415730.57000000 20.80974341430 Long EC RF US N 1 N N N ANCHC 2021-18A A V/R 04/15/34 N/A ANCHORAGE CAPITAL CLO 18 LTD SER 2021-18A CL A1 V/R REGD 144A P/P 5.08471000 03331AAA9 5000000.00000000 PA USD 5000000.00000000 0.901512441654 Long ABS-CBDO CORP KY Y 2 2034-04-15 Variable 5.08471000 N N N N N N GMCAR 2023-1 A 4.66% 08/16/26 N/A GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-1 SER 2023-1 CL A3 REGD 4.66000000 38013JAD5 845407.54000000 PA USD 846556.70000000 0.152636279523 Long ABS-CBDO CORP US N 2 2028-02-16 Fixed 4.66000000 N N N N N N N/A N/A CXT 2I65BRAA6 05.000 SP 12/20/2026 A15 - E25 GOLDNY LONG N/A 1.00000000 NC USD 563099.53000000 0.101528246436 N/A DCR US N 2 GOLDMAN SACHS FOR8UP27PHTHYVLBNG30 CDX.NA.HY.37 2I65BRAA6 Y 2026-12-20 -15000000.00000000 USD 16228500.00000000 USD 15000000.00000000 USD -665400.47000000 N N N STACR 2018-HRP1 V/R 04/25/43 N/A STACR TRUST 2018-HRP1 SER 2018-HRP1 CL B1 V/R REGD 144A P/P 7.47658000 3137G0VA4 2552493.39000000 PA USD 2620293.49000000 0.472445436404 Long ABS-CBDO CORP US Y 2 2043-04-25 Variable 7.47658000 N N N N N N STACR 2020-DNA6 V/R 12/25/50 N/A FREDDIE MAC STACR REMIC TRUST 2020-DNA6 SER 2020-DNA6 CL B2 V/R REGD 144A P/P 9.26210000 35566CBE4 1500000.00000000 PA USD 1730634.90000000 0.312037778862 Long ABS-CBDO CORP US Y 2 2050-12-25 Variable 9.26210000 N N N N N N STACR 2019-DNA4 V/R 10/25/49 N/A FREDDIE MAC STACR TRUST 2019-DNA4 SER 2019-DNA4 CL B2 V/R REGD 144A P/P 9.97658000 35565ABE9 4588000.00000000 PA USD 5044611.07000000 0.909555928582 Long ABS-CBDO CORP US Y 2 2049-10-25 Variable 9.97658000 N N N N N N STACR 2017-HQA3 V/R 04/25/30 N/A FREDDIE MAC STACR DEBT NOTES 2017-HQA3 SER 2017-HQA3 CL B1 V/R REGD 8.17658000 3137G0SE0 4290000.00000000 PA USD 4482692.64000000 0.808240637414 Long ABS-CBDO CORP US N 2 2030-04-25 Variable 8.17658000 N N N N N N STCR 2016-1A ER V/R 06/15/31 N/A STEELE CREEK CLO 2016-1 LTD SER 2016-1A CL ER V/R REGD 144A P/P 9.68562000 85816TAF8 380000.00000000 PA USD 207112.81000000 0.037342955008 Long ABS-CBDO CORP KY Y 2 2031-06-15 Variable 9.68562000 N N N N N N N/A N/A CXT 2I65BYEI2 01.000 SP 12/20/2030 A3-E7 GOLDNY LONG N/A 1.00000000 NC USD -553584.76000000 -0.09981270973 N/A DCR US N 2 GOLDMAN SACHS FOR8UP27PHTHYVLBNG30 CDX.NA.IG.45 2I65BYEI2 Y 2030-12-20 -20000000.00000000 USD 19036000.00000000 USD 20000000.00000000 USD 410415.24000000 N N N WFCM 2017-RB1 3.635% 03/15/27 N/A WELLS FARGO COMMERCIAL MORTGAGE TRUST 2017-RB1 SER 2017-RB1 CL A5 REGD 3.63500000 95000TBS4 8098000.00000000 PA USD 7981496.50000000 1.439083679554 Long ABS-CBDO CORP US N 2 2050-03-15 Fixed 3.63500000 N N N N N N STACR 2019-DNA3 V/R 07/25/49 N/A FREDDIE MAC STACR TRUST 2019-DNA3 SER 2019-DNA3 CL B2 V/R REGD 144A P/P 11.87658000 35564TBE9 4870000.00000000 PA USD 5346607.91000000 0.964006710302 Long ABS-CBDO CORP US Y 2 2049-07-25 Variable 11.87658000 N N N N N N STACR 2020-HQA4 V/R 09/25/50 N/A FREDDIE MAC STACR REMIC TRUST 2020-HQA4 SER 2020-HQA4 CL B2 V/R REGD 144A P/P 13.12658000 35565RBE2 1260000.00000000 PA USD 1618972.36000000 0.291904745046 Long ABS-CBDO CORP US Y 2 2050-09-25 Variable 13.12658000 N N N N N N GMCAR 2025-1 A 4.44% 08/16/26 N/A GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2025-1 SER 2025-1 CL A2A REGD 4.44000000 362955AB2 304473.39000000 PA USD 304578.37000000 0.054916238002 Long ABS-CBDO CORP US N 2 2028-01-18 Fixed 4.44000000 N N N N N N N/A N/A CXT 2I65BRAB1 05.000 SP 12/20/2028 A25-E35 GOLDNY LONG N/A 1.00000000 NC USD 1851461.08000000 0.333823039771 N/A DCR US N 2 GOLDMAN SACHS FOR8UP27PHTHYVLBNG30 CDX.NA.HY.41 2I65BRAB1 Y 2028-12-20 -15000000.00000000 USD 16945500.00000000 USD 15000000.00000000 USD -94038.92000000 N N N FRANKLIN SYSTEMATIC STYLE PR N/A FRANKLIN SYSTEMATIC STYLE PREMIA ETF CL USD INC 0.00000000 35473P546 1499625.00000000 NS USD 40857283.13000000 7.366669814779 Long EC PF US N 1 N N N CAS 2016-C06 1B V/R 04/25/29 N/A FANNIE MAE CONNECTICUT AVENUE SECURITIES SER 2016-C06 CL 1B V/R REGD 12.97658000 30711XDY7 4611117.06000000 PA USD 4737644.27000000 0.854209050707 Long ABS-CBDO CORP US N 2 2029-04-25 Variable 12.97658000 N N N N N N MBART 2024-1 A3 4.8% 12/15/27 N/A MERCEDES-BENZ AUTO RECEIVABLES TRUST 2024-1 SER 2024-1 CL A3 REGD 4.80000000 587918AD5 1256224.42000000 PA USD 1261187.89000000 0.227395314819 Long ABS-CBDO CORP US N 2 2029-04-16 Fixed 4.80000000 N N N N N N CAS 2019-HRP1 B1 V/R 11/25/39 N/A CONNECTICUT AVENUE SECURITIES TRUST 2019-HRP1 SER 2019-HRP1 CL B1 V/R REGD 144A P/P 12.97658000 20754PAD2 7236761.34000000 PA USD 7489898.91000000 1.350447410819 Long ABS-CBDO CORP US Y 2 2039-11-25 Variable 12.97658000 N N N N N N N/A N/A CXT 2I65BYEI2 01.000 SP 12/20/2030 A3-E7 GOLDNY LONG N/A 1.00000000 NC USD -553584.76000000 -0.09981270973 N/A DCR US N 2 GOLDMAN SACHS FOR8UP27PHTHYVLBNG30 CDX.NA.IG.45 2I65BYEI2 Y 2030-12-20 -20000000.00000000 USD 19000000.00000000 USD 20000000.00000000 USD 446415.24000000 N N N JPMBB 2015-C3 3.984% 09/15/25 N/A JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2015-C32 SER 2015-C32 CL AS REGD 3.98440000 46590JBA4 9209944.00000000 PA USD 8275042.58000000 1.492010768218 Long ABS-CBDO CORP US N 2 2048-11-15 Fixed 3.98440000 N N N N N N WOART 2025-A A 4.49% 11/15/26 N/A WORLD OMNI AUTO RECEIVABLES TRUST 2025-A SER 2025-A CL A2A REGD 4.49000000 98164YAB7 442667.91000000 PA USD 442942.05000000 0.079863553801 Long ABS-CBDO CORP US N 2 2028-04-17 Fixed 4.49000000 N N N N N N STRUCTURED ASSET INV 2004-2 A4 20340325 FLT N/A STRUCTURED ASSET INV 2004-2 A4 20340325 FLT 4.40380000 86358EGW0 1955475.25000000 PA USD 2100115.30000000 0.378656014371 Long ABS-CBDO CORP US N 2 2034-03-25 Variable 4.40380000 N N N N N N CAS 2016-C04 1B V/R 01/25/29 N/A FANNIE MAE CONNECTICUT AVENUE SECURITIES SER 2016-C04 CL 1B V/R REGD 13.97658000 30711XDB7 1251630.51000000 PA USD 1268065.04000000 0.228635282077 Long ABS-CBDO CORP US N 2 2029-01-25 Variable 13.97658000 N N N N N N VENTR 2014-18A E V/R 10/15/29 N/A VENTURE XVIII CLO LTD SER 2014-18A CL ER V/R REGD P/P 10.52471000 92329HAH6 1009544.34000000 PA USD 470017.90000000 0.084745396930 Long ABS-CBDO CORP KY N 2 2029-10-15 Variable 10.52471000 N N N N N N CSAIL 2017-CX10 V/R 11/15/27 N/A CSAIL 2017-CX10 COMMERCIAL MORTGAGE TRUST SER 2017-CX10 CL AS V/R REGD 3.66980000 12595JAS3 7728558.00000000 PA USD 7450296.68000000 1.343307030207 Long ABS-CBDO CORP US N 2 2050-11-15 Variable 3.66980000 N N N N N N 2026-06-30 Brinker Capital Destinations Trust Brian Ferko Brian Ferko Chief Operating Officer and Chief Compliance Officer XXXX