June 30, 2026 (Unaudited)
| RiverPark
Large Growth Fund June 30, 2026 (Unaudited) |
| Description | Shares | Value (000) | ||||||
| Schedule of Investments | ||||||||
| Common Stock — 97.1%** | ||||||||
| Communication Services – 16.2% | ||||||||
| Alphabet, Cl A | 4,006 | $ | 1,432 | |||||
| Alphabet, Cl C | 4,042 | 1,428 | ||||||
| Meta Platforms, Cl A | 3,575 | 2,014 | ||||||
| Netflix * | 21,061 | 1,504 | ||||||
| Space Exploration Technologies, Cl A * | 901 | 154 | ||||||
| Walt Disney | 10,748 | 1,034 | ||||||
| 7,566 | ||||||||
| Consumer Discretionary – 11.5% | ||||||||
| Amazon.com * | 11,825 | 2,818 | ||||||
| Booking Holdings | 5,589 | 996 | ||||||
| McDonald's | 1,650 | 446 | ||||||
| Starbucks | 9,339 | 955 | ||||||
| Tesla * | 359 | 151 | ||||||
| 5,366 | ||||||||
| Consumer Staples – 3.4% | ||||||||
| Costco Wholesale | 1,216 | 1,137 | ||||||
| PepsiCo | 3,227 | 437 | ||||||
| 1,574 | ||||||||
| Financials – 12.2% | ||||||||
| Blackstone | 8,295 | 976 | ||||||
| Charles Schwab | 13,293 | 1,227 | ||||||
| KKR | 10,488 | 963 | ||||||
| Mastercard, Cl A | 2,497 | 1,282 | ||||||
| Visa, Cl A | 3,699 | 1,269 | ||||||
| 5,717 | ||||||||
| Health Care – 10.3% | ||||||||
| Eli Lilly | 2,147 | 2,575 | ||||||
| Intuitive Surgical * | 2,599 | 1,034 | ||||||
| UnitedHealth Group | 2,914 | 1,211 | ||||||
| 4,820 | ||||||||
| Industrials – 3.9% | ||||||||
| Lockheed Martin | 878 | 447 | ||||||
| Uber Technologies * | 19,083 | 1,377 | ||||||
| 1,824 | ||||||||
| Information Technology – 39.6% | ||||||||
| Apple | 10,099 | 2,922 | ||||||
| Applied Materials | 4,216 | 3,048 | ||||||
| Autodesk * | 2,401 | 467 | ||||||
| CoreWeave, Cl A * | 5,637 | 561 | ||||||
| Datadog, Cl A * | 3,965 | 1,032 | ||||||
| Intuit | 1,256 | 328 | ||||||
| Microsoft | 6,587 | 2,457 | ||||||
| Description | Shares | Value (000) | ||||||
| NVIDIA | 13,731 | $ | 2,748 | |||||
| ServiceNow * | 8,032 | 797 | ||||||
| Shopify, Cl A * | 12,934 | 1,477 | ||||||
| Taiwan Semiconductor Manufacturing ADR | 5,676 | 2,711 | ||||||
| 18,548 | ||||||||
| Total Common Stock | ||||||||
| (Cost $20,945) (000) | 45,415 | |||||||
| Total Investments — 97.1% | ||||||||
| (Cost $20,945) (000) | $ | 45,415 | ||||||
| Percentages are based on Net Assets of $46,775 (000). | |
| ** | More narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting purposes. |
| * | Non-income producing security. |
| ADR — American Depositary Receipt |
| Cl — Class |
RPF-QH-001-3100
| Wedgewood Fund June 30, 2026 (Unaudited) |
| Description | Shares | Value (000) | ||||||
| Schedule of Investments | ||||||||
| Common Stock — 96.3% | ||||||||
| Communication Services – 17.0% | ||||||||
| Alphabet, Cl A | 6,570 | $ | 2,348 | |||||
| Meta Platforms, Cl A | 3,935 | 2,216 | ||||||
| 4,564 | ||||||||
| Consumer Discretionary – 21.0% | ||||||||
| Amazon.com * | 8,692 | 2,072 | ||||||
| Booking Holdings | 6,900 | 1,230 | ||||||
| Hermes International SCA ADR | 4,186 | 766 | ||||||
| O'Reilly Automotive * | 8,865 | 816 | ||||||
| Toll Brothers | 4,658 | 768 | ||||||
| 5,652 | ||||||||
| Financials – 16.3% | ||||||||
| Chubb | 3,528 | 1,202 | ||||||
| Progressive | 5,576 | 1,218 | ||||||
| S&P Global | 1,625 | 662 | ||||||
| Visa, Cl A | 3,801 | 1,304 | ||||||
| 4,386 | ||||||||
| Health Care – 2.9% | ||||||||
| Edwards Lifesciences * | 8,737 | 790 | ||||||
| Industrials – 10.6% | ||||||||
| Copart * | 22,967 | 647 | ||||||
| Old Dominion Freight Line | 5,733 | 1,242 | ||||||
| United Rentals | 843 | 955 | ||||||
| 2,844 | ||||||||
| Information Technology – 28.5% | ||||||||
| Apple | 6,767 | 1,958 | ||||||
| Microsoft | 4,576 | 1,707 | ||||||
| Motorola Solutions | 3,397 | 1,411 | ||||||
| Taiwan Semiconductor Manufacturing ADR | 5,377 | 2,568 | ||||||
| 7,644 | ||||||||
| Total Common Stock | ||||||||
| (Cost $14,541) (000) | 25,880 | |||||||
| Total Investments — 96.3% | ||||||||
| (Cost $14,541) (000) | $ | 25,880 | ||||||
| Percentages are based on Net Assets of $26,868 (000). | |
| * | Non-income producing security. |
| ADR — American Depositary Receipt |
| Cl — Class |
RPF-QH-001-3100
| RiverPark Short Term High Yield Fund June 30, 2026 (Unaudited) |
| Description | Face Amount (000)‡ | Value (000) | ||||||
| Schedule of Investments | ||||||||
| Corporate Obligations — 56.4% | ||||||||
| Automotive – 5.8% | ||||||||
| Dealer Tire | ||||||||
| 8.000%, 02/01/28 (a) | 28,518 | $ | 28,628 | |||||
| Communication Services – 10.8% | ||||||||
| Live Nation Entertainment | ||||||||
| 6.500%, 05/15/27 (a) | 2,025 | 2,027 | ||||||
| Shutterfly Finance | ||||||||
| 8.500%, 10/01/27 (a) | 14,025 | 14,025 | ||||||
| Sirius XM Radio | ||||||||
| 3.125%, 09/01/26 (a) | 37,131 | 37,031 | ||||||
| 53,083 | ||||||||
| Consumer Discretionary – 11.0% | ||||||||
| B&G Foods | ||||||||
| 5.250%, 09/15/27 | 14,225 | 14,287 | ||||||
| Ford Motor | ||||||||
| 4.346%, 12/08/26 | 2,709 | 2,705 | ||||||
| Ford Motor Credit | ||||||||
| 5.125%, 11/05/26 | 4,750 | 4,756 | ||||||
| 2.700%, 08/10/26 | 4,630 | 4,620 | ||||||
| Getty Images | ||||||||
| 14.000%, 03/01/28 (a) | 3,220 | 2,830 | ||||||
| MGM Resorts International | ||||||||
| 5.500%, 04/15/27 | 1,716 | 1,719 | ||||||
| 4.625%, 09/01/26 | 1,881 | 1,879 | ||||||
| Taylor Morrison Communities | ||||||||
| 5.750%, 01/15/28 (a) | 9,240 | 9,348 | ||||||
| Travel + Leisure | ||||||||
| 6.000%, 04/01/27 | 11,924 | 11,948 | ||||||
| 54,092 | ||||||||
| Consumer Staples – 3.2% | ||||||||
| Darling Ingredients | ||||||||
| 5.250%, 04/15/27 (a) | 15,648 | 15,645 | ||||||
| Energy – 0.1% | ||||||||
| TransCanada Trust | ||||||||
| 5.875%, 08/15/76 | 608 | 608 | ||||||
| Financials – 2.7% | ||||||||
| Mutares & KGaA | ||||||||
| 10.791%, EUR003M + 8.500%, 03/31/27 (b) | EUR | 500 | 581 | |||||
| Description | Face Amount (000)‡/Shares | Value (000) | ||||||
| Starwood Property Trust | ||||||||
| 4.375%, 01/15/27 (a) | 1,630 | $ | 1,631 | |||||
| 3.625%, 07/15/26 (a) | 11,309 | 11,300 | ||||||
| 13,512 | ||||||||
| Health Care – 3.0% | ||||||||
| Cannabist Holdings | ||||||||
| 9.250%, 12/31/28 (c) (d) | 5,305 | 2,414 | ||||||
| IQVIA | ||||||||
| 5.000%, 10/15/26 (a) | 12,435 | 12,435 | ||||||
| 14,849 | ||||||||
| Industrials – 11.8% | ||||||||
| Korn Ferry | ||||||||
| 4.625%, 12/15/27 (a) | 12,942 | 12,885 | ||||||
| SS&C Technologies | ||||||||
| 5.500%, 09/30/27 (a) | 13,421 | 13,425 | ||||||
| Tutor Perini | ||||||||
| 11.875%, 04/30/29 (a) | 29,202 | 31,829 | ||||||
| 58,139 | ||||||||
| Information Technology – 4.6% | ||||||||
| B3 Consulting Group | ||||||||
| 7.012%, STIB3M + 5.000%, 06/24/27 (b) | SEK | 10,000 | 1,046 | |||||
| Gen Digital | ||||||||
| 6.750%, 09/30/27 (a) | 12,223 | 12,269 | ||||||
| Go Daddy Operating | ||||||||
| 5.250%, 12/01/27 (a) | 671 | 671 | ||||||
| VMware | ||||||||
| 1.400%, 08/15/26 | 8,888 | 8,854 | ||||||
| 22,840 | ||||||||
| Materials – 3.4% | ||||||||
| Crown Americas | ||||||||
| 4.250%, 09/30/26 | 16,500 | 16,505 | ||||||
| Total Corporate Obligations | ||||||||
| (Cost $281,212) (000) | 277,901 | |||||||
| Special Purpose Acquisition Companies — 18.5% | ||||||||
| Common Stock– 18.5% | ||||||||
| Diversified Financials – 18.5% | ||||||||
| Agriculture & Natural Solutions Acquisition * | 436,550 | 4,955 | ||||||
| Alpex Acquisition * | 475,000 | 4,759 | ||||||
| Andretti Acquisition II, Cl A * | 266,868 | 2,869 | ||||||
| Cantor Equity Partners I, Cl A * | 487,991 | 5,223 | ||||||
| Churchill Capital IX * | 492,927 | 5,368 | ||||||
| RiverPark Short Term High Yield Fund June 30, 2026 (Unaudited) |
| Description | Face Amount (000)‡/Shares | Value (000) | ||||||
| Digital Asset Acquisition, Cl A * | 137,478 | $ | 1,427 | |||||
| Fifth Era Acquisition I, Cl A * | 650,000 | 6,773 | ||||||
| FortuneX Acquisition * | 175,000 | 1,759 | ||||||
| GalaxyEdge Acquisition * | 156,282 | 1,553 | ||||||
| Hennessy Capital Investment VII * | 475,322 | 4,967 | ||||||
| Inflection Point Acquisition III, Cl A * | 960,944 | 9,917 | ||||||
| Kochav Defense Acquisition, Cl A * | 525,005 | 5,444 | ||||||
| Launch One Acquisition * | 408,519 | 4,436 | ||||||
| M3-Brigade Acquisition V, Cl A * | 294,172 | 3,186 | ||||||
| Plum Acquisition Corp III, Founder Shares * (c) | 45,106 | — | ||||||
| Roman DBDR Acquisition II * | 282,500 | 2,978 | ||||||
| Siddhi Acquisition, Cl A * | 300,000 | 3,120 | ||||||
| Silverbox IV, Cl A * | 678,613 | 7,336 | ||||||
| Sizzle Acquisition II, Cl A * | 690,800 | 7,160 | ||||||
| Soulpower Acquisition, Cl A * | 746,140 | 7,723 | ||||||
| 90,953 | ||||||||
| Total Special Purpose Acquisition Companies | ||||||||
| (Cost $89,568) (000) | 90,953 | |||||||
| Commercial Paper — 15.7% | ||||||||
| Automotive – 2.4% | ||||||||
| Genuine | ||||||||
| 4.529%, 07/06/26 (e) | 12,000 | 11,992 | ||||||
| Communication Services – 2.3% | ||||||||
| Telus | ||||||||
| 4.531%, 10/13/26 (e) | 11,239 | 11,093 | ||||||
| Consumer Discretionary – 1.8% | ||||||||
| Keurig Dr Pepper | ||||||||
| 4.384%, 07/13/26 (e) | 9,000 | 8,986 | ||||||
| Health Care – 2.0% | ||||||||
| HCA | ||||||||
| 4.463%, 10/08/26 (e) | 10,000 | 9,876 | ||||||
| Industrials – 0.4% | ||||||||
| Triton International | ||||||||
| 4.324%, 07/13/26 (e) | 2,000 | 1,997 | ||||||
| Information Technology – 4.8% | ||||||||
| Jabil | ||||||||
| 4.334%, 08/19/26 (e) | 10,000 | 9,940 | ||||||
| Oracle | ||||||||
| 4.501%, 09/16/26 (e) | 13,850 | 13,718 | ||||||
| 23,658 | ||||||||
| Description | Face Amount (000)‡/Shares | Value (000) | ||||||
| Telecommunications – 2.0% | ||||||||
| Videotron | ||||||||
| 4.345%, 07/16/26 (e) | 10,000 | $ | 9,981 | |||||
| Total Commercial Paper | ||||||||
| (Cost $77,595) (000) | 77,583 | |||||||
| Bank Loan Obligations — 5.9% | ||||||||
| Automotive – 1.9% | ||||||||
| Marelli North America, Inc., New Money Loan | ||||||||
| 11.621%, 12/31/26 | 9,300 | 9,254 | ||||||
| Lodging & Casinos – 3.0% | ||||||||
| 888 Holdings PLC, Facility B | ||||||||
| 9.019%, 07/03/28 | 14,984 | 14,920 | ||||||
| Oil & Gas – 1.0% | ||||||||
| Sable Offshore Corp., Loan | ||||||||
| 15.000%, 12/15/28 | 4,830 | 4,685 | ||||||
| Total Bank Loan Obligations | ||||||||
| (Cost $29,226) (000) | 28,859 | |||||||
| Convertible Bond — 3.4% | ||||||||
| Communication Services – 3.4% | ||||||||
| Ziff Davis | ||||||||
| 1.750%, 11/01/26 | 16,800 | 16,654 | ||||||
| Total Convertible Bond | ||||||||
| (Cost $16,639) (000) | 16,654 | |||||||
| Common Stock — 0.0% | ||||||||
| Health Care – 0.0% | ||||||||
| Cannabist Holdings * (c) | 3,771,376 | — | ||||||
| Total Common Stock | ||||||||
| (Cost $–) (000) | — | |||||||
| Total Investments — 99.9% | ||||||||
| (Cost $494,240) (000) | $ | 491,950 | ||||||
| RiverPark Short Term High Yield Fund June 30, 2026 (Unaudited) |
| Percentages are based on Net Assets of $492,363 (000). | |
| ‡ | In U.S. Dollar unless otherwise indicated. |
| * | Non-income producing security. |
| (a) | Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other "accredited investors." These securities have been determined to be liquid under guidelines established by the Board of Trustees. At June 30, 2026, these securities amounted to $205,979 (000) or 41.8% of Net Assets. |
| (b) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (c) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. As of June 30, 2026, the total amount of Level 3 securities held by the Fund was $2,414 (000). |
| (d) | Security in default on interest payments. |
| (e) | The rate reported on the Schedule of Investments is the effective yield at the time of purchase. |
A list of the open forward foreign currency contracts held by the Fund at June 30, 2026, is as follows (000):
| ||||||||||||||||
| Counterparty | Maturity Date | Currency to Deliver | Currency to Receive | Unrealized Appreciation (Depreciation) | ||||||||||||
| Brown Brothers Harriman | 07/27/26 | SEK | 10,077 | USD | 1,038 | $ | (3 | ) | ||||||||
| Brown Brothers Harriman | 07/27/26 | EUR | 521 | USD | 593 | (3 | ) | |||||||||
| $ | (6 | ) | ||||||||||||||
| Cl — Class |
| EUR — Euro |
| EUR003M — Three-Month Euribor |
| SEK — Swedish Krona |
| STIB3M — Three Month Stockholm Interbank Offered Rate |
| USD — United States Dollar |
Amounts designated as “—” are $0 or have been rounded to $0.
RPF-QH-001-3100
| RiverPark Long/Short Opportunity Fund June 30, 2026 (Unaudited) |
| Description | Shares | Value (000) | ||||||
| Schedule of Investments | ||||||||
| Common Stock — 96.5%** | ||||||||
| Communication Services – 15.7% | ||||||||
| Alphabet, Cl A | 2,457 | $ | 878 | |||||
| Alphabet, Cl C | 2,479 | 876 | ||||||
| Meta Platforms, Cl A | 1,629 | 917 | ||||||
| Netflix * | 10,414 | 744 | ||||||
| Space Exploration Technologies, Cl A * | 507 | 87 | ||||||
| Walt Disney | 6,312 | 607 | ||||||
| 4,109 | ||||||||
| Consumer Discretionary – 10.6% | ||||||||
| Amazon.com * | 5,134 | 1,224 | ||||||
| Booking Holdings | 3,147 | 561 | ||||||
| McDonald's | 1,315 | 356 | ||||||
| Starbucks | 5,533 | 565 | ||||||
| Tesla * | 202 | 85 | ||||||
| 2,791 | ||||||||
| Consumer Staples – 3.6% | ||||||||
| Costco Wholesale | 701 | 656 | ||||||
| PepsiCo | 2,224 | 301 | ||||||
| 957 | ||||||||
| Financials – 11.7% | ||||||||
| Blackstone | 4,444 | 523 | ||||||
| Charles Schwab | 7,756 | 716 | ||||||
| KKR | 5,714 | 524 | ||||||
| Mastercard, Cl A | 1,270 | 652 | ||||||
| Visa, Cl A | 1,886 | 647 | ||||||
| 3,062 | ||||||||
| Health Care – 10.2% | ||||||||
| Eli Lilly | 1,151 | 1,381 | ||||||
| Intuitive Surgical * | 1,511 | 601 | ||||||
| UnitedHealth Group | 1,665 | 692 | ||||||
| 2,674 | ||||||||
| Industrials – 5.0% | ||||||||
| Lockheed Martin | 658 | 335 | ||||||
| Lyft, Cl A * | 16,331 | 239 | ||||||
| Uber Technologies * | 10,093 | 728 | ||||||
| 1,302 | ||||||||
| Information Technology – 39.7% | ||||||||
| Apple | 5,753 | 1,665 | ||||||
| Applied Materials | 2,179 | 1,575 | ||||||
| Autodesk * | 1,452 | 282 | ||||||
| CoreWeave, Cl A * | 3,494 | 348 | ||||||
| Datadog, Cl A * | 2,115 | 551 | ||||||
| Intuit | 745 | 194 | ||||||
| Description | Shares | Value (000) | ||||||
| Microsoft | 3,959 | $ | 1,477 | |||||
| NVIDIA | 8,324 | 1,665 | ||||||
| ServiceNow * | 5,035 | 500 | ||||||
| Shopify, Cl A * | 6,723 | 768 | ||||||
| Taiwan Semiconductor Manufacturing ADR | 2,902 | 1,386 | ||||||
| 10,411 | ||||||||
| Total Common Stock | ||||||||
| (Cost $11,869) (000) | 25,306 | |||||||
| Total Investments — 96.5% | ||||||||
| (Cost $11,869) (000) | $ | 25,306 |
| RiverPark Long/Short Opportunity Fund June 30, 2026 (Unaudited) |
A list of open swap agreements held by the Fund at June 30, 2026 was as follows:
Total Return Swaps
| Short Exposure | |||||||||||||||||||||||
| Company Reference | Counterparty | Fund Receives | Fund Pays | Payment Frequency1 | Maturity Date | Notional Amount (000) | Value (000) | Net Unrealized Apprecation/ (Depreciation) (000)† | |||||||||||||||
| Applovin, Class A | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 04/07/2027 | $ | (127 | ) | $ | (135 | ) | $ | (8 | ) | ||||||||
| Aramark | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 05/21/2027 | (162 | ) | (201 | ) | (39 | ) | |||||||||||
| Ares Management, Class A | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 07/23/2027 | (210 | ) | (185 | ) | 25 | ||||||||||||
| Capital One Financial Corp | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 06/14/2027 | (147 | ) | (160 | ) | (13 | ) | |||||||||||
| Carnival | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 04/07/2027 | (124 | ) | (138 | ) | (14 | ) | |||||||||||
| Colgate-Palmolive | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 04/07/2027 | (124 | ) | (127 | ) | (3 | ) | |||||||||||
| Docusign | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 04/07/2027 | (228 | ) | (214 | ) | 14 | ||||||||||||
| Expedia Group | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 09/21/2026 | (181 | ) | (210 | ) | (29 | ) | |||||||||||
| Expeditors International Of Washington, Class A | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 05/14/2027 | (207 | ) | (234 | ) | (27 | ) | |||||||||||
| Fastenal Company | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 05/14/2027 | (227 | ) | (238 | ) | (11 | ) | |||||||||||
| Hilton Worldwide Holdings | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 04/20/2027 | (117 | ) | (129 | ) | (12 | ) | |||||||||||
| Hyatt Hotels, Class A | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 04/20/2027 | (93 | ) | (123 | ) | (30 | ) | |||||||||||
| Illumina | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 08/18/2026 | (78 | ) | (138 | ) | (60 | ) | |||||||||||
| Industrial Select Sector SPDR ETF | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 07/13/2027 | (377 | ) | (396 | ) | (19 | ) | |||||||||||
| Iron Mountain | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 04/07/2027 | (121 | ) | (143 | ) | (22 | ) | |||||||||||
| iShares MSCI Eurozone ETF | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 10/06/2026 | (554 | ) | (648 | ) | (94 | ) | |||||||||||
| Marriott International, Class A | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 04/07/2027 | (120 | ) | (137 | ) | (17 | ) | |||||||||||
| Match Group | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 07/17/2026 | (198 | ) | (231 | ) | (33 | ) | |||||||||||
| Monster Beverage | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 04/20/2027 | (119 | ) | (153 | ) | (34 | ) | |||||||||||
| Ringcentral, Class A | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 04/26/2027 | (197 | ) | (197 | ) | — | ||||||||||||
| Salesforce | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 01/19/2027 | (291 | ) | (215 | ) | 76 | ||||||||||||
| SPDR S&P Homebuilders ETF | Goldman Sachs International | USD-SOFR | -1.35 | % | Maturity | 10/16/2026 | (557 | ) | (548 | ) | 9 | ||||||||||||
| Synchrony Financial | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 06/14/2027 | (180 | ) | (194 | ) | (14 | ) | |||||||||||
| Texas Roadhouse | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 05/14/2027 | (188 | ) | (223 | ) | (35 | ) | |||||||||||
| United Airlines Holdings | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 04/07/2027 | (122 | ) | (179 | ) | (57 | ) | |||||||||||
| Walmart | Goldman Sachs International | USD-SOFR | -0.50 | % | Maturity | 04/07/2027 | (119 | ) | (109 | ) | 10 | ||||||||||||
| $ | (5,168 | ) | $ | (5,605 | ) | $ | (437 | ) | |||||||||||||||
| 1 | The payment frequency is the maturity date of each swap contract or the settlement date of a closing transaction, whichever comes first. |
| † | Inclusive of accrued dividends and interest related to Total Return Swaps. |
| Percentages are based on Net Assets of $26,210 (000). | |
| ** | More narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting purposes. |
| * | Non-income producing security. |
| ADR — American Depositary Receipt |
| Cl — Class |
| ETF — Exchange Traded Fund |
| SOFR — Secured Overnight Financing Rate |
| SPDR — Standard & Poor’s Depository Receipt |
| S&P — Standard & Poor’s |
| USD — United States Dollar |
RPF-QH-001-3100
| RiverPark Floating Rate CMBS Fund June 30, 2026 (Unaudited) |
| Description | Face Amount (000) | Value (000) | ||||||
| Schedule of Investments | ||||||||
| Commercial Mortgage-Backed Securities — 89.1% | ||||||||
| Non-Agency Mortgage-Backed Obligations – 89.1% | ||||||||
| ARES Commercial Mortgage Trust, Ser 2024-IND, Cl B | ||||||||
| 5.667%, TSFR1M + 2.041%, 07/15/41 (a) (b) | 2,000 | $ | 2,005 | |||||
| ARES Commercial Mortgage Trust, Ser 2024-IND2, Cl C | ||||||||
| 5.617%, TSFR1M + 1.992%, 10/15/34 (a) (b) | 2,000 | 2,010 | ||||||
| BLP Commercial Mortgage Trust, Ser 2024-IND2, Cl A | ||||||||
| 4.968%, TSFR1M + 1.342%, 03/15/41 (a) (b) | 761 | 762 | ||||||
| BX Commercial Mortgage Trust, Ser 2025-JDI, Cl C | ||||||||
| 5.375%, TSFR1M + 1.750%, 11/15/42 (a) (b) | 1,733 | 1,737 | ||||||
| BX Commercial Mortgage Trust, Ser 2026-VLT9, Cl A | ||||||||
| 5.325%, TSFR1M + 1.700%, 03/15/45 (a) (b) | 1,500 | 1,499 | ||||||
| BX Commercial Mortgage Trust, Ser 2024-MDHS, Cl A | ||||||||
| 5.267%, TSFR1M + 1.641%, 05/15/41 (a) (b) | 1,170 | 1,171 | ||||||
| BX Commercial Mortgage Trust, Ser 2025-BCAT, Cl B | ||||||||
| 5.175%, TSFR1M + 1.550%, 08/15/42 (a) (b) | 1,400 | 1,401 | ||||||
| BX Trust, Ser 2022-IND, Cl E | ||||||||
| 7.612%, TSFR1M + 3.987%, 04/15/37 (a) (b) | 1,400 | 1,403 | ||||||
| BX Trust, Ser 2024-VLT4, Cl C | ||||||||
| 5.766%, TSFR1M + 2.140%, 06/15/41 (a) (b) | 1,385 | 1,385 | ||||||
| BX Trust, Ser 2025-LUNR, Cl B | ||||||||
| 5.475%, TSFR1M + 1.850%, 06/15/40 (a) (b) | 1,557 | 1,560 | ||||||
| BX Trust, Ser 2025-DIME, Cl C | ||||||||
| 5.375%, TSFR1M + 1.750%, 02/15/35 (a) (b) | 2,000 | 1,988 | ||||||
| BX Trust, Ser 2025-VOLT, Cl A | ||||||||
| 5.325%, TSFR1M + 1.700%, 12/15/44 (a) (b) | 2,000 | 2,002 | ||||||
| BX Trust, Ser 2024-CNYN, Cl A | ||||||||
| 5.067%, TSFR1M + 1.442%, 04/15/41 (a) (b) | 1,384 | 1,386 | ||||||
| Description | Face
Amount (000) | Value (000) | ||||||
| Fashion Show Mall, Ser 2024-SHOW, Cl A | ||||||||
| 5.274%, 10/10/41 (b) | 1,000 | $ | 1,003 | |||||
| MHP, Ser 2021-STOR, Cl F | ||||||||
| 5.941%, TSFR1M + 2.314%, 07/15/38 (a) (b) | 1,500 | 1,499 | ||||||
| National Commercial Mortgage Trust, Ser 2026-IND, Cl B | ||||||||
| 5.225%, TSFR1M + 1.600%, 06/15/43 (a) (b) | 2,000 | 2,003 | ||||||
| NXPT Commercial Mortgage Trust, Ser 2024-STOR, Cl C | ||||||||
| 5.150%, 11/05/41 (b) | 800 | 788 | ||||||
| PLYM Commercial Mortgage Trust, Ser 2026-IND, Cl D | ||||||||
| 5.775%, TSFR1M + 2.150%, 03/15/43 (a) (b) | 2,000 | 2,001 | ||||||
| SCG Commercial Mortgage Trust, Ser 2025-FLWR, Cl C | ||||||||
| 5.375%, TSFR1M + 1.750%, 08/15/42 (a) (b) | 1,200 | 1,201 | ||||||
| SWCH Commercial Mortgage Trust, Ser 2025-DATA, Cl D | ||||||||
| 6.267%, TSFR1M + 2.641%, 02/15/42 (a) (b) | 1,500 | 1,485 | ||||||
| Total Commercial Mortgage-Backed Securities | ||||||||
| (Cost $30,269) (000) | 30,289 | |||||||
| Total Investments — 89.1% | ||||||||
| (Cost $30,269) (000) | $ | 30,289 |
| Percentages are based on Net Assets of $33,990 (000). | |
| (a) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (b) | Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other "accredited investors." These securities have been determined to be liquid under guidelines established by the Board of Trustees. At June 30, 2026, these securities amounted to $30,289 (000) or 89.1% of Net Assets. |
| RiverPark Floating Rate CMBS Fund June 30, 2026 (Unaudited) |
| Cl — Class |
| Ser — Series |
| TSFR1M — Term Secured Overnight Finance Rate 1-Month |
RPF-QH-001-3100
| RiverPark/Next Century Growth Fund June 30, 2026 (Unaudited) |
| Description | Shares | Value (000) | ||||||
| Schedule of Investments | ||||||||
| Common Stock — 96.8%** | ||||||||
| Consumer Discretionary – 10.1% | ||||||||
| Cava Group * | 653 | $ | 51 | |||||
| Dutch Bros, Cl A * | 2,605 | 187 | ||||||
| Global-e Online * | 7,895 | 274 | ||||||
| Lincoln Educational Services * | 7,325 | 366 | ||||||
| Ollie's Bargain Outlet Holdings * | 898 | 69 | ||||||
| Universal Technical Institute * | 6,317 | 270 | ||||||
| 1,217 | ||||||||
| Consumer Staples – 1.4% | ||||||||
| Mama's Creations * | 9,779 | 175 | ||||||
| Financials – 1.1% | ||||||||
| Paymentus Holdings, Cl A * | 5,463 | 132 | ||||||
| Health Care – 21.6% | ||||||||
| Alignment Healthcare * | 17,887 | 426 | ||||||
| Axogen * | 6,216 | 287 | ||||||
| Billiontoone, Cl A * | 2,415 | 290 | ||||||
| Glaukos * | 368 | 52 | ||||||
| Guardant Health * | 1,991 | 299 | ||||||
| HeartFlow * | 4,774 | 140 | ||||||
| iRhythm Holdings * | 1,335 | 159 | ||||||
| Kestra Medical Technologies * | 3,138 | 80 | ||||||
| Ligand Pharmaceuticals * | 1,368 | 432 | ||||||
| Mirum Pharmaceuticals * | 2,865 | 335 | ||||||
| Vericel * | 2,584 | 115 | ||||||
| 2,615 | ||||||||
| Industrials – 39.2% | ||||||||
| AAON | 1,408 | 179 | ||||||
| Astronics * | 5,334 | 433 | ||||||
| Astronics, Cl B * | 1,099 | 84 | ||||||
| Carpenter Technology | 499 | 308 | ||||||
| Dpc Holdings * | 2,450 | 120 | ||||||
| EquipmentShare.com, Cl A * | 3,046 | 60 | ||||||
| Forgent Power Solutions, Cl A * | 5,886 | 329 | ||||||
| FTAI Aviation | 1,112 | 301 | ||||||
| Innodata * | 2,042 | 154 | ||||||
| Karman Holdings * | 2,097 | 105 | ||||||
| Knight-Swift Transportation Holdings, Cl A | 4,743 | 369 | ||||||
| Loar Holdings * | 1,540 | 124 | ||||||
| Modine Manufacturing * | 523 | 140 | ||||||
| MYR Group * | 447 | 224 | ||||||
| Park Aerospace | 4,249 | 162 | ||||||
| Description | Shares | Value (000) | ||||||
| Planet Labs PBC * | 1,944 | $ | 64 | |||||
| RBC Bearings * | 469 | 302 | ||||||
| Saia * | 758 | 319 | ||||||
| StandardAero * | 3,219 | 96 | ||||||
| Sterling Infrastructure * | 308 | 259 | ||||||
| Terex | 1,078 | 78 | ||||||
| Xometry, Cl A * | 5,496 | 530 | ||||||
| 4,740 | ||||||||
| Information Technology – 21.4% | ||||||||
| Aehr Test Systems * | 2,630 | 253 | ||||||
| Agilysys * | 2,334 | 244 | ||||||
| Applied Optoelectronics * | 640 | 95 | ||||||
| Braze, Cl A * | 5,044 | 109 | ||||||
| DigitalOcean Holdings * | 926 | 146 | ||||||
| IPG Photonics * | 2,015 | 236 | ||||||
| JFrog * | 2,952 | 268 | ||||||
| Lattice Semiconductor * | 1,807 | 276 | ||||||
| MACOM Technology Solutions Holdings * | 725 | 276 | ||||||
| MaxLinear, Cl A * | 1,197 | 153 | ||||||
| SiTime * | 307 | 229 | ||||||
| Ultra Clean Holdings * | 2,112 | 301 | ||||||
| 2,586 | ||||||||
| Materials – 2.0% | ||||||||
| Almonty Industries * | 9,661 | 160 | ||||||
| MP Materials * | 1,571 | 88 | ||||||
| 248 | ||||||||
| Total Common Stock | ||||||||
| (Cost $7,302) (000) | 11,713 | |||||||
| Total Investments — 96.8% | ||||||||
| (Cost $7,302) (000) | $ | 11,713 |
| Percentages are based on Net Assets of $12,102 (000). | |
| ** | More narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting purposes. |
| * | Non-income producing security. |
| Cl — Class |
RPF-QH-001-3100
| RiverPark/Next Century Large Growth Fund June 30, 2026 (Unaudited) |
| Description | Shares | Value (000) | ||||||
| Schedule of Investments | ||||||||
| Common Stock — 95.0% | ||||||||
| Communication Services – 12.0% | ||||||||
| Alphabet, Cl A | 978 | $ | 350 | |||||
| Meta Platforms, Cl A | 126 | 71 | ||||||
| Roku, Cl A * | 335 | 46 | ||||||
| 467 | ||||||||
| Consumer Discretionary – 2.0% | ||||||||
| Amazon.com * | 164 | 39 | ||||||
| Tesla * | 90 | 38 | ||||||
| 77 | ||||||||
| Consumer Staples – 0.9% | ||||||||
| Costco Wholesale | 36 | 34 | ||||||
| Financials – 7.7% | ||||||||
| Goldman Sachs Group | 126 | 127 | ||||||
| Mastercard, Cl A | 83 | 43 | ||||||
| Robinhood Markets, Cl A * | 598 | 60 | ||||||
| Visa, Cl A | 207 | 71 | ||||||
| 301 | ||||||||
| Health Care – 4.1% | ||||||||
| Guardant Health * | 763 | 114 | ||||||
| Insmed * | 431 | 46 | ||||||
| 160 | ||||||||
| Industrials – 25.3% | ||||||||
| Axon Enterprise * | 83 | 47 | ||||||
| Bloom Energy, Cl A * | 96 | 29 | ||||||
| Caterpillar | 81 | 86 | ||||||
| FTAI Aviation | 351 | 95 | ||||||
| GE Vernova | 54 | 64 | ||||||
| General Electric | 385 | 144 | ||||||
| Howmet Aerospace | 433 | 116 | ||||||
| Quanta Services | 79 | 57 | ||||||
| RBC Bearings * | 185 | 119 | ||||||
| Saia * | 266 | 112 | ||||||
| Sterling Infrastructure * | 39 | 33 | ||||||
| Vertiv Holdings, Cl A | 249 | 83 | ||||||
| 985 | ||||||||
| Information Technology – 43.0% | ||||||||
| Advanced Micro Devices * | 168 | 98 | ||||||
| Apple | 852 | 246 | ||||||
| Applied Materials | 179 | 129 | ||||||
| AppLovin, Cl A * | 64 | 33 | ||||||
| Arista Networks * | 246 | 42 | ||||||
| ASML Holding, Cl G | 22 | 44 | ||||||
| Broadcom | 489 | 185 | ||||||
| Description | Shares | Value (000) | ||||||
| Coherent * | 138 | $ | 54 | |||||
| Crowdstrike Holdings, Cl A * | 144 | 110 | ||||||
| DigitalOcean Holdings * | 114 | 18 | ||||||
| MACOM Technology Solutions Holdings * | 129 | 49 | ||||||
| Marvell Technology | 124 | 37 | ||||||
| Microsoft | 359 | 134 | ||||||
| NVIDIA | 1,864 | 373 | ||||||
| Seagate Technology Holdings | 47 | 45 | ||||||
| Shopify, Cl A * | 649 | 74 | ||||||
| 1,671 | ||||||||
| Total Common Stock | ||||||||
| (Cost $2,596) (000) | 3,695 | |||||||
| Total Investments — 95.0% | ||||||||
| (Cost $2,596) (000) | $ | 3,695 |
| Percentages are based on Net Assets of $3,891 (000). | |
| * | Non-income producing security. |
| Cl — Class |
RPF-QH-001-3100