Schedule of investments
Nomura Mid Cap Growth Fund
June 30, 2026 (Unaudited)
    Number of
shares 		Value (US $)
Common Stocks — 97.69%♣
Communication Services — 1.13%
Stubhub Holdings Class A †   2,632,532 $   33,880,687
     33,880,687
Consumer Discretionary — 15.87%
Amer Sports †     909,400     30,774,096
Dutch Bros Class A †     712,700     51,178,987
Floor & Decor Holdings Class A †   1,047,550     62,182,568
Hilton Worldwide Holdings      132,712     43,856,008
On Holding Class A †   1,159,419     41,066,621
Royal Caribbean Cruises      182,265     57,874,605
SharkNinja †     362,397     55,182,191
Tapestry      341,029     49,919,825
Texas Roadhouse      199,401     38,530,255
Viking Holdings †     413,367    43,267,124
    473,832,280
Consumer Staples — 1.54%
Casey's General Stores       57,682    45,845,077
     45,845,077
Financials — 4.09%
Brown & Brown      502,853     32,258,020
Corpay †     107,325     35,768,203
LPL Financial Holdings       54,687     15,404,234
Robinhood Markets Class A †     385,647    38,672,681
    122,103,138
Healthcare — 17.57%
Align Technology †     271,100     45,723,726
Alnylam Pharmaceuticals †     148,058     44,569,900
Ascendis Pharma †     133,558     35,622,590
Cardinal Health      162,605     38,628,444
Dexcom †     576,168     38,804,915
Edwards Lifesciences †     813,737     73,610,649
IDEXX Laboratories †     199,144    104,837,367
Illumina †     124,973     21,974,003
Insulet †     285,126     43,410,433
Ionis Pharmaceuticals †     546,712     43,348,794
STERIS      162,179    34,150,032
    524,680,853
Industrials — 25.75%
AMETEK      199,885     48,360,177
BWX Technologies      223,106     43,427,583
Construction Partners Class A †     221,529     26,310,999
Fastenal    1,591,351     76,432,588
Ferguson Enterprises      260,037     61,714,581
Generac Holdings †     194,680     57,004,251
HEICO Class A      193,136     49,811,706
Howmet Aerospace      217,842     58,569,000
    Number of
shares 		Value (US $)
Common Stocks♣ (continued)
Industrials (continued)
Kratos Defense & Security Solutions †     474,596 $   23,663,357
Lincoln Electric Holdings      224,715     59,664,080
Old Dominion Freight Line      199,110     43,127,226
Rocket Lab †     343,056     34,871,642
Simpson Manufacturing      143,379     30,016,394
SPX Technologies †     264,065     64,740,816
Sterling Infrastructure †     108,717    91,252,701
    768,967,101
Information Technology — 27.98%
Bentley Systems Class B      239,393      7,155,457
Cloudflare Class A †     446,410    109,495,445
Coherent †      36,386     14,353,185
Credo Technology Group Holding †      55,285     15,034,756
Datadog Class A †     292,510     76,157,903
GlobalFoundries      553,631     45,624,731
MACOM Technology Solutions Holdings †     155,179     59,025,436
Manhattan Associates †     372,161     51,823,419
Microchip Technology      360,953     32,918,913
Monolithic Power Systems       76,252    105,407,715
Novanta †     439,224     71,259,702
Rambus †     176,116     23,377,638
SiTime †      39,662     29,570,401
Snowflake Class A †     331,578     84,386,601
Teradyne       62,013     30,004,370
Twilio Class A †     222,400     45,887,792
Tyler Technologies †     115,668    33,828,263
    835,311,727
Materials — 2.00%
Martin Marietta Materials      103,701    59,804,367
     59,804,367
Real Estate — 1.76%
CoStar Group †   1,853,362    52,487,212
     52,487,212
Total Common Stocks (cost $2,154,017,756) 2,916,912,442
 
Short-Term Investments — 1.08%
Money Market Mutual Funds — 1.08%
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 3.54%)   8,074,680      8,074,680
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 3.53%)   8,074,680      8,074,680
NQ- IV068 [0626] 0826 (5831270)    1

 

Schedule of investments
Nomura Mid Cap Growth Fund 
    Number of
shares 		Value (US $)
Short-Term Investments (continued)
Money Market Mutual Funds (continued)
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 3.59%)   8,074,681 $    8,074,681
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 3.56%)   8,074,681     8,074,681
Total Short-Term Investments (cost $32,298,722)    32,298,722
Total Value of Securities—98.77%
(cost $2,186,316,478) 		    2,949,211,164
Receivables and Other Assets Net of Liabilities—1.23%        36,691,667
Net Assets Applicable to 115,282,228 Shares Outstanding—100.00%     $2,985,902,831
    
♣ Categorizations used for financial reporting purposes may differ from categorizations used for regulatory compliance and/or internal classification purposes.
† Non-income producing security.
 
2    NQ- IV068 [0626] 0826 (5831270)