1
Wilmington Large-Cap Strategy Fund
PORTFOLIO OF INVESTMENTS
July 31, 2026 (unaudited)
 
Description
 
Number of
Shares
Value
COMMON STOCKS − 99.7%
COMMUNICATION SERVICES − 9.6%
DIVERSIFIED TELECOMMUNICATION SERVICES − 0.7%
AST SpaceMobile, Inc.*,#
2,300
$135,654
AT&T, Inc.
59,822
1,390,861
Comcast Corp., Class A
31,250
748,750
Globalstar, Inc.*
350
29,183
Iridium Communications, Inc.
750
35,505
Liberty Capital Corp., Class C*
253
5,862
Liberty Global Ltd., Class A*,#
1,150
12,202
Space Exploration Technologies Corp.,
Class A*,#
4,650
503,921
Verizon Communications, Inc.
37,050
1,734,310
 
$4,596,248
ENTERTAINMENT − 1.2%
Electronic Arts, Inc.
2,260
474,284
Liberty Live Holdings, Inc., Class C*,#
535
52,751
Liberty Live Holdings, Inc., Class A*
174
16,481
Liberty Media Corp. - Liberty Formula One,
Class C*
2,085
204,601
Liberty Media Corp. - Liberty Formula One,
Class A*
105
9,430
Live Nation Entertainment, Inc.*
1,470
255,971
Madison Square Garden Sports Corp.*
129
50,785
Netflix, Inc.*
37,150
2,664,026
ROBLOX Corp., Class A*
5,550
197,580
Roku, Inc.*
1,150
166,761
Spotify Technology SA*
1,400
699,916
Take-Two Interactive Software, Inc.*
1,568
380,899
TKO Group Holdings, Inc.
500
90,905
Walt Disney Co. (The)
15,748
1,514,800
Warner Bros Discovery, Inc.*
21,089
554,641
 
$7,333,831
INTERACTIVE MEDIA & SERVICES − 7.3%
Alphabet, Inc., Class A
51,720
18,419,044
Alphabet, Inc., Class C
42,140
15,029,231
Match Group, Inc.
2,242
88,357
Meta Platforms, Inc., Class A
19,475
10,841,927
People, Inc.*
600
24,942
Pinterest, Inc., Class A*
4,493
107,877
Reddit, Inc., Class A*
1,150
161,771
ZoomInfo Technologies, Inc.*
2,450
8,085
 
$44,681,234
MEDIA − 0.3%
AppLovin Corp., Class A*
2,100
831,390
Charter Communications, Inc., Class A*
682
98,876
Fox Corp., Class A#
2,226
129,620
Fox Corp., Class B
1,090
56,615
Liberty Broadband Corp., Class C*
1,268
43,163
New York Times Co. (The), Class A
1,500
112,335
Description
 
Number of
Shares
Value
News Corp., Class A
4,007
$110,433
News Corp., Class B
898
28,080
Nexstar Media Group, Inc.
300
57,159
Omnicom Group, Inc.
2,553
200,921
Sirius XM Holdings, Inc.#
1,477
43,749
Trade Desk, Inc. (The), Class A*
3,450
62,238
Versant Media Group, Inc.
1,412
50,818
 
$1,825,397
WIRELESS TELECOMMUNICATION SERVICES − 0.1%
Millicom International Cellular SA
850
81,158
T-Mobile US, Inc.
4,309
744,207
 
$825,365
TOTAL COMMUNICATION SERVICES
$59,262,075
CONSUMER DISCRETIONARY − 9.5%
AUTOMOBILE COMPONENTS − 0.1%
Aptiv PLC*
1,850
104,469
BorgWarner, Inc.
1,930
123,018
Gentex Corp.
1,780
41,581
Lear Corp.
400
52,256
QuantumScape Corp.*,#
3,450
18,009
Versigent PLC*
133
5,500
 
$344,833
AUTOMOBILES − 1.5%
Ford Motor Co.
34,750
510,130
General Motors Co.
8,045
714,879
Lucid Group, Inc.*,#
1,434
10,583
Rivian Automotive, Inc., Class A*
6,800
103,496
Tesla, Inc.*
25,825
8,036,998
Thor Industries, Inc.
495
37,110
 
$9,413,196
BROADLINE RETAIL − 3.9%
Amazon.com, Inc.*
85,785
23,297,490
Coupang, Inc.*
11,200
183,120
eBay, Inc.
4,010
457,180
Etsy, Inc.*
800
65,344
Macy's, Inc.
1,900
47,158
Ollie's Bargain Outlet Holdings, Inc.*
573
42,099
 
$24,092,391
BUILDING PRODUCTS − 0.0%**
Modine Manufacturing Co.*
450
90,477
DISTRIBUTORS − 0.0%**
Genuine Parts Co.
1,320
164,168
LKQ Corp.
2,168
48,672
Pool Corp.#
260
48,285
 
$261,125
DIVERSIFIED CONSUMER SERVICES − 0.1%
ADT, Inc.
4,110
31,400
 July 31, 2026 (unaudited)

2
PORTFOLIO OF INVESTMENTS
Wilmington Large-Cap Strategy Fund (continued)
Description
 
Number of
Shares
Value
Bright Horizons Family Solutions, Inc.*
533
$39,730
Duolingo, Inc.*
320
43,139
Grand Canyon Education, Inc.*
200
29,068
H&R Block, Inc.
950
41,829
Service Corp. International
1,270
109,461
 
$294,627
HOTELS, RESTAURANTS & LEISURE − 1.8%
Airbnb, Inc., Class A*
3,600
545,472
Aramark
2,433
138,608
Booking Holdings, Inc.
6,775
1,306,897
Boyd Gaming Corp.
450
38,277
Caesars Entertainment, Inc.*
2,010
59,798
Carnival Corp. Ltd.
11,080
308,135
Cava Group, Inc.*,#
750
48,923
Chipotle Mexican Grill, Inc.*
11,380
423,564
Choice Hotels International, Inc.#
260
28,987
Churchill Downs, Inc.
550
46,365
Darden Restaurants, Inc.
1,000
203,580
Domino's Pizza, Inc.
250
86,860
DoorDash, Inc., Class A*
3,320
651,251
DraftKings, Inc., Class A*
4,070
95,564
Dutch Bros, Inc., Class A*
1,050
69,121
Expedia Group, Inc.
1,002
295,329
Flutter Entertainment PLC*
1,250
130,587
Hilton Worldwide Holdings, Inc.
1,953
625,917
Hyatt Hotels Corp., Class A#
400
69,624
Las Vegas Sands Corp.
2,470
120,758
Marriott International, Inc., Class A
1,926
718,071
McDonald's Corp.
6,309
1,707,468
MGM Resorts International*
1,750
77,997
Norwegian Cruise Line Holdings Ltd.*
4,100
75,973
Planet Fitness, Inc., Class A*
628
35,111
Restaurant Brands International LP
47
3,936
Restaurant Brands International, Inc.
2,950
218,359
Royal Caribbean Cruises Ltd.
2,230
709,809
Starbucks Corp.
10,170
1,070,392
Texas Roadhouse, Inc.
600
123,264
Travel + Leisure Co.
510
38,770
Vail Resorts, Inc.#
328
48,997
Viking Holdings Ltd.*
1,500
156,525
Wingstop, Inc.
250
32,373
Wyndham Hotels & Resorts, Inc.
610
45,665
Wynn Resorts Ltd.
668
66,339
Yum! Brands, Inc.
2,420
370,938
 
$10,793,604
HOUSEHOLD DURABLES − 0.3%
DR Horton, Inc.
2,170
310,440
Garmin Ltd.
1,490
437,732
Lennar Corp., Class A
1,910
157,288
Lennar Corp., Class B#
76
6,133
Mohawk Industries, Inc.*
355
43,701
NVR, Inc.*
30
184,411
PulteGroup, Inc.
1,690
213,734
SharkNinja, Inc.*
650
105,151
Somnigroup International, Inc.
1,750
114,328
Toll Brothers, Inc.
900
131,301
Description
 
Number of
Shares
Value
Whirlpool Corp.#
535
$20,063
 
$1,724,282
LEISURE PRODUCTS − 0.0%**
Brunswick Corp.
500
39,500
Hasbro, Inc.
1,290
121,183
Mattel, Inc.*
2,800
42,252
YETI Holdings, Inc.*
750
36,705
 
$239,640
SPECIALTY RETAIL − 1.6%
AutoNation, Inc.*
250
53,100
AutoZone, Inc.*
170
512,762
Bath & Body Works, Inc.
1,805
36,317
Best Buy Co., Inc.
1,680
144,917
Burlington Stores, Inc.*
545
200,822
CarMax, Inc.*
1,200
68,712
Carvana Co.*
6,050
377,278
Chewy, Inc., Class A*
2,100
47,460
Dick's Sporting Goods, Inc.
550
107,750
Five Below, Inc.*
428
92,932
Floor & Decor Holdings, Inc., Class A*
1,060
61,024
GameStop Corp., Class A*,#
3,650
79,278
Gap, Inc. (The)
1,690
33,952
Home Depot, Inc. (The)
8,880
2,947,805
Lithia Motors, Inc.
195
75,157
Lowe's Cos., Inc.
4,960
1,030,737
Murphy USA, Inc.
150
91,164
O'Reilly Automotive, Inc.*
7,400
661,190
Penske Automotive Group, Inc.#
150
32,596
Ross Stores, Inc.
2,810
705,507
TJX Cos., Inc. (The)
9,820
1,545,079
Tractor Supply Co.
4,600
141,542
Ulta Beauty, Inc.*
400
205,132
Valvoline, Inc.*,#
1,150
44,171
Wayfair, Inc., Class A*
898
76,240
Williams-Sonoma, Inc.
1,060
242,380
 
$9,615,004
TEXTILES, APPAREL & LUXURY GOODS − 0.2%
Amer Sports, Inc.*
1,550
55,040
Birkenstock Holding PLC*,#
400
15,488
Columbia Sportswear Co.
218
12,945
Crocs, Inc.*
450
57,604
Deckers Outdoor Corp.*
1,220
118,194
Lululemon Athletica, Inc.*
805
95,690
NIKE, Inc., Class B
10,705
446,506
On Holding AG, Class A*
2,100
76,104
PVH Corp.
420
36,397
Ralph Lauren Corp.
335
127,414
Tapestry, Inc.
1,830
278,837
VF Corp.
3,150
45,108
 
$1,365,327
TOTAL CONSUMER DISCRETIONARY
$58,234,506
CONSUMER STAPLES − 4.5%
BEVERAGES − 1.0%
Brown-Forman Corp., Class A#
50
1,461
July 31, 2026 (unaudited) 

PORTFOLIO OF INVESTMENTS
3
Wilmington Large-Cap Strategy Fund (continued)
Description
 
Number of
Shares
Value
Brown-Forman Corp., Class B
1,325
$38,067
Celsius Holdings, Inc.*,#
1,600
46,736
Coca-Cola Co. (The)
34,390
3,012,220
Coca-Cola Consolidated, Inc.
500
93,950
Constellation Brands, Inc., Class A
1,290
167,997
Keurig Dr. Pepper, Inc.
11,200
348,544
Molson Coors Beverage Co., Class B
1,685
70,029
Monster Beverage Corp.*
6,180
595,628
PepsiCo., Inc.
12,040
1,680,302
Primo Brands Corp.#
2,400
54,480
 
$6,109,414
CONSUMER STAPLES DISTRIBUTION & RETAIL − 1.7%
Albertsons Cos., Inc., Class A
2,450
28,371
BJ's Wholesale Club Holdings, Inc.*
1,150
112,447
Casey's General Stores, Inc.
335
291,785
Costco Wholesale Corp.
3,920
3,731,409
Dollar General Corp.
2,000
254,100
Dollar Tree, Inc.*
1,712
217,784
Kroger Co. (The)
5,000
288,700
Maplebear, Inc.*
1,450
64,670
Performance Food Group Co.*
1,450
165,865
Sprouts Farmers Market, Inc.*,#
800
69,728
Sysco Corp.
4,400
375,056
Target Corp.
4,010
579,405
U.S. Foods Holding Corp.*
2,100
211,239
Walmart, Inc.
38,830
4,317,896
 
$10,708,455
FOOD PRODUCTS − 0.4%
Archer-Daniels-Midland Co.
4,350
344,824
Bunge Global SA
1,245
132,256
Campbell's Co. (The)#
1,350
29,673
Conagra Brands, Inc.
3,750
54,413
Darling Ingredients, Inc.*
1,485
90,050
Freshpet, Inc.*,#
450
26,793
General Mills, Inc.
4,700
168,025
Hershey Co. (The)
1,250
218,812
Hormel Foods Corp.
2,200
55,022
Ingredion, Inc.#
500
49,730
J.M. Smucker Co. (The)
850
101,371
Kraft Heinz Co. (The)
7,750
200,338
Lamb Weston Holdings, Inc.
1,250
65,688
McCormick & Co., Inc.
2,200
111,980
Mondelez International, Inc., Class A
11,190
697,249
Pilgrim's Pride Corp.
250
6,840
Post Holdings, Inc.*
438
40,038
Tyson Foods, Inc., Class A
2,400
139,104
 
$2,532,206
HOUSEHOLD PRODUCTS − 0.7%
Church & Dwight Co., Inc.
2,000
197,620
Clorox Co. (The)
1,010
96,485
Colgate-Palmolive Co.
6,920
631,796
Kimberly-Clark Corp.
2,900
316,999
Procter & Gamble Co. (The)
20,670
2,986,609
Reynolds Consumer Products, Inc.
350
8,729
 
$4,238,238
Description
 
Number of
Shares
Value
PERSONAL CARE PRODUCTS − 0.1%
elf Beauty, Inc.*
550
$45,589
Estee Lauder Cos., Inc. (The), Class A
2,200
184,580
Kenvue, Inc.
16,550
318,422
 
$548,591
TOBACCO − 0.6%
Altria Group, Inc.
14,820
1,012,650
Philip Morris International, Inc.
13,840
2,640,949
 
$3,653,599
TOTAL CONSUMER STAPLES
$27,790,503
ENERGY − 3.4%
ENERGY EQUIPMENT & SERVICES − 0.3%
Baker Hughes Co.
8,690
525,658
Halliburton Co.
7,633
246,164
NOV, Inc.
3,448
66,995
SLB Ltd.
13,136
651,414
TechnipFMC PLC
3,600
257,976
Weatherford International PLC
650
57,064
 
$1,805,271
OIL, GAS & CONSUMABLE FUELS − 3.1%
Antero Midstream Corp.
2,450
53,826
Antero Resources Corp.*
2,750
99,385
APA Corp.
3,040
113,453
Cheniere Energy, Inc.
1,850
487,604
Chevron Corp.
16,359
3,219,942
Chord Energy Corp.
500
70,190
ConocoPhillips
10,697
1,288,775
Devon Energy Corp.
10,012
451,842
Diamondback Energy, Inc.
1,697
344,406
DT Midstream, Inc.
875
120,750
EOG Resources, Inc.
4,730
703,304
EQT Corp.
5,450
290,430
Expand Energy Corp.
2,094
196,899
ExxonMobil Holdings Corp.
36,716
5,707,135
HF Sinclair Corp.
1,340
122,570
Kinder Morgan, Inc.
17,275
555,909
Marathon Petroleum Corp.
2,600
822,822
Matador Resources Co.
1,050
52,385
Occidental Petroleum Corp.
6,210
354,405
ONEOK, Inc.
5,610
509,444
Ovintiv, Inc.
2,550
159,273
Permian Resources Corp., Class A
6,850
145,973
Phillips 66
3,590
759,931
Range Resources Corp.#
1,850
74,259
Targa Resources Corp.
1,900
513,703
Texas Pacific Land Corp.
490
197,264
Valero Energy Corp.
2,570
804,153
Viper Energy, Inc., Class A
1,360
60,670
Williams Cos., Inc. (The)
10,890
779,071
 
$19,059,773
TOTAL ENERGY
$20,865,044
 July 31, 2026 (unaudited)

4
PORTFOLIO OF INVESTMENTS
Wilmington Large-Cap Strategy Fund (continued)
Description
 
Number of
Shares
Value
FINANCIALS − 12.8%
BANKS − 3.7%
Bank of America Corp.
59,610
$3,692,839
Bank OZK
1,150
58,995
BOK Financial Corp.
270
38,148
Citigroup, Inc.
15,257
2,020,790
Citizens Financial Group, Inc.
3,950
283,017
Columbia Banking System, Inc.
2,498
78,112
Commerce Bancshares, Inc.
1,455
86,238
Cullen/Frost Bankers, Inc.
490
81,507
East West Bancorp, Inc.
1,223
160,213
Fifth Third Bancorp
8,188
462,622
First Citizens BancShares, Inc., Class A#
90
196,798
First Hawaiian, Inc.
1,100
30,569
First Horizon Corp.
4,480
114,867
FNB Corp.
4,235
80,042
Huntington Bancshares, Inc.
17,546
298,984
JPMorgan Chase & Co.
24,005
8,444,719
KeyCorp.
8,794
198,656
NU Holdings Ltd., Class A*
30,850
442,080
Pinnacle Financial Partners, Inc.
1,412
148,585
PNC Financial Services Group, Inc. (The)
3,560
889,537
Popular, Inc.
688
120,544
Prosperity Bancshares, Inc.
1,173
87,823
Regions Financial Corp.
8,206
253,976
SOUTHSTATE BANK CORP
950
99,836
Truist Financial Corp.
11,407
591,339
U.S. Bancorp
14,125
890,016
Webster Financial Corp.
1,512
116,757
Wells Fargo & Co.
27,625
2,388,181
Western Alliance Bancorp
950
76,466
Wintrust Financial Corp.
600
95,724
Zions Bancorp NA
1,290
89,913
 
$22,617,893
CAPITAL MARKETS − 3.2%
Affiliated Managers Group, Inc.
270
99,017
Ameriprise Financial, Inc.
840
458,506
Ares Management Corp., Class A
1,750
224,157
Bank of New York Mellon Corp. (The)
6,620
1,034,905
Blackrock, Inc.
1,390
1,515,642
Blackstone, Inc.
6,765
864,229
Blue Owl Capital, Inc.#
5,970
61,491
Brookfield Asset Management Ltd., Class A
3,550
171,820
Carlyle Group, Inc. (The)
2,600
119,652
Cboe Global Markets, Inc.
1,000
310,230
Charles Schwab Corp. (The)
14,755
1,552,816
CME Group, Inc.
3,250
870,317
Coinbase Global, Inc., Class A*
1,995
291,789
Evercore, Inc., Class A
350
112,196
FactSet Research Systems, Inc.
290
76,328
Franklin Resources, Inc.
2,720
92,099
Freedom Holding Corp.*,#
100
15,127
Galaxy Digital, Inc., Class A*,#
1,500
31,515
Goldman Sachs Group, Inc. (The)
2,595
2,642,696
Hamilton Lane, Inc., Class A
400
35,564
Houlihan Lokey, Inc.
500
62,745
Description
 
Number of
Shares
Value
Interactive Brokers Group, Inc., Class A
3,842
$338,058
Intercontinental Exchange, Inc.
4,990
760,875
Invesco Ltd.
3,245
96,052
Jefferies Financial Group, Inc.
1,498
81,791
KKR & Co., Inc.
6,134
622,172
Lazard, Inc.
1,000
42,380
LPL Financial Holdings, Inc.
750
265,275
MarketAxess Holdings, Inc.
350
56,805
Moody's Corp.
1,340
641,029
Morgan Stanley
10,031
2,110,723
Morningstar, Inc.
250
48,142
MSCI, Inc.
620
354,789
Nasdaq, Inc.
3,940
371,109
Northern Trust Corp.
1,775
323,387
Raymond James Financial, Inc.
1,610
283,328
Robinhood Markets, Inc., Class A*
6,900
597,264
S&P Global, Inc.
2,639
1,087,083
SEI Investments Co.
790
81,354
State Street Corp.
2,420
445,667
Stifel Financial Corp.
1,425
118,147
T Rowe Price Group, Inc.
1,880
210,090
TPG, Inc.
1,200
52,392
Tradeweb Markets, Inc., Class A
1,100
110,550
Virtu Financial, Inc., Class A
650
38,175
XP, Inc., Class A
3,255
55,530
 
$19,835,008
CONSUMER FINANCE − 0.6%
Ally Financial, Inc.
2,393
103,689
American Express Co.
4,790
1,610,637
Capital One Financial Corp.
5,578
1,165,858
Credit Acceptance Corp.*,#
50
28,446
Figure Technology Solutions, Inc., Class A*,#
1,150
28,646
OneMain Holdings, Inc.
945
59,138
SLM Corp.#
1,910
49,650
SoFi Technologies, Inc.*
10,600
172,886
Synchrony Financial
3,020
228,886
 
$3,447,836
FINANCIAL SERVICES − 3.5%
Affirm Holdings, Inc.*
2,500
178,775
Apollo Global Management, Inc.
3,776
474,228
Berkshire Hathaway, Inc., Class B*
16,736
8,561,133
Block, Inc.*
4,630
376,141
Chime Financial, Inc., Class A*
2,250
51,728
Corebridge Financial, Inc.
2,450
76,416
Corpay, Inc.*
550
210,160
Equitable Holdings, Inc.
2,443
116,409
Euronet Worldwide, Inc.*
415
29,602
Fidelity National Information Services, Inc.
4,650
208,180
Fiserv, Inc.*
4,910
264,845
Global Payments, Inc.
2,113
177,661
Jack Henry & Associates, Inc.
700
107,828
Mastercard, Inc., Class A
7,270
4,166,437
MGIC Investment Corp.
1,750
52,570
PayPal Holdings, Inc.
8,065
461,399
Rocket Cos., Inc., Class A*
8,700
112,230
Shift4 Payments, Inc., Class A*,#
350
18,550
July 31, 2026 (unaudited) 

PORTFOLIO OF INVESTMENTS
5
Wilmington Large-Cap Strategy Fund (continued)
Description
 
Number of
Shares
Value
Toast, Inc., Class A*
4,050
$130,694
UWM Holdings Corp.#
1,900
3,458
Visa, Inc., Class A
14,835
5,431,539
Voya Financial, Inc.
930
92,470
Western Union Co. (The)#
2,690
17,108
WEX, Inc.*
265
49,544
 
$21,369,105
INSURANCE − 1.8%
Aflac, Inc.
4,100
522,668
Allstate Corp. (The)
2,280
602,102
American Financial Group, Inc.
550
77,946
American International Group, Inc.
4,880
383,470
Aon PLC, Class A
1,850
667,017
Arch Capital Group Ltd.*
3,120
313,654
Arthur J. Gallagher & Co.
2,280
568,678
Assurant, Inc.
430
120,052
Assured Guaranty Ltd.
300
24,816
Axis Capital Holdings Ltd.
580
61,086
Brighthouse Financial, Inc.*
400
24,764
Brown & Brown, Inc.
2,650
186,560
Chubb Ltd.
3,147
1,103,590
Cincinnati Financial Corp.
1,406
249,818
CNA Financial Corp.
150
7,871
Everest Group Ltd.
370
138,436
Fidelity National Financial, Inc.
2,191
113,034
First American Financial Corp.
728
54,593
Globe Life, Inc.
743
135,412
Hanover Insurance Group, Inc. (The)
300
69,789
Hartford Insurance Group, Inc. (The)
2,440
346,260
Kinsale Capital Group, Inc.
200
71,284
Lincoln National Corp.
1,458
66,499
Loews Corp.
1,650
191,416
Markel Group, Inc.*
120
225,881
Marsh & McLennan Cos., Inc.
4,290
813,770
MetLife, Inc.
5,001
480,746
Old Republic International Corp.
2,018
87,198
Primerica, Inc.
273
87,349
Principal Financial Group, Inc.
2,040
231,948
Progressive Corp. (The)
5,230
1,105,727
Prudential Financial, Inc.
3,080
376,006
Reinsurance Group of America, Inc.
590
139,741
RenaissanceRe Holdings Ltd.
378
120,952
RLI Corp.
800
48,992
Ryan Specialty Holdings, Inc.
950
41,952
Travelers Cos., Inc. (The)
1,880
703,797
Unum Group
1,460
125,721
W.R. Berkley Corp.
1,995
144,717
White Mountains Insurance Group Ltd.
30
62,932
Willis Towers Watson PLC
850
285,532
 
$11,183,776
MORTGAGE REAL ESTATE INVESTMENT TRUSTS (REITS) − 0.0%**
AGNC Investment Corp.#
9,585
102,176
Annaly Capital Management, Inc.
6,082
138,183
Rithm Capital Corp.
4,500
44,460
Description
 
Number of
Shares
Value
Starwood Property Trust, Inc.#
2,418
$38,640
 
$323,459
TOTAL FINANCIALS
$78,777,077
HEALTH CARE − 9.3%
BIOTECHNOLOGY − 1.9%
AbbVie, Inc.
15,761
3,955,065
Alnylam Pharmaceuticals, Inc.*
1,165
239,431
Amgen, Inc.
4,814
1,854,160
Arrowhead Pharmaceuticals, Inc.*
1,200
101,580
Biogen, Inc.*
1,300
263,835
BioMarin Pharmaceutical, Inc.*
1,500
90,030
Bridgebio Pharma, Inc.*
1,500
120,135
Caris Life Sciences, Inc.*
850
13,320
Exelixis, Inc.*
2,370
125,681
Gilead Sciences, Inc.
11,044
1,438,039
Halozyme Therapeutics, Inc.*
1,100
90,794
Incyte Corp.*
1,550
185,256
Insmed, Inc.*
1,900
187,340
Ionis Pharmaceuticals, Inc.*
1,480
76,620
Madrigal Pharmaceuticals, Inc.*
150
70,098
Moderna, Inc.*
3,300
180,906
Natera, Inc.*
1,200
321,312
Neurocrine Biosciences, Inc.*
850
141,780
Regeneron Pharmaceuticals, Inc.
900
686,367
Revolution Medicines, Inc.*
1,650
309,424
Roivant Sciences Ltd.*
3,950
133,945
Summit Therapeutics, Inc.*,#
1,150
14,973
United Therapeutics Corp.*
385
199,318
Vertex Pharmaceuticals, Inc.*
2,273
1,084,448
Viking Therapeutics, Inc.*
1,000
31,740
 
$11,915,597
HEALTH CARE EQUIPMENT & SUPPLIES − 1.4%
Abbott Laboratories
15,505
1,638,878
Align Technology, Inc.*
620
104,879
Baxter International, Inc.
4,680
122,429
Becton Dickinson & Co.
2,484
411,400
Boston Scientific Corp.*
13,270
620,107
Cooper Cos., Inc. (The)*
1,600
115,712
DexCom, Inc.*
3,345
279,140
Edwards Lifesciences Corp.*
5,056
435,170
Envista Holdings Corp.*
1,690
46,154
GE HealthCare Technologies, Inc.
4,200
285,684
Globus Medical, Inc., Class A*
1,050
82,729
IDEXX Laboratories, Inc.*
680
380,168
Insulet Corp.*
660
109,131
Intuitive Surgical, Inc.*
3,120
1,102,389
Medline, Inc., Class A*
3,650
143,372
Medtronic PLC
11,476
979,936
Penumbra, Inc.*
350
112,416
ResMed, Inc.
1,270
267,945
Solventum Corp.*
1,215
103,810
STERIS PLC
850
194,140
Stryker Corp.
3,080
1,003,156
Teleflex, Inc.
360
49,216
 July 31, 2026 (unaudited)

6
PORTFOLIO OF INVESTMENTS
Wilmington Large-Cap Strategy Fund (continued)
Description
 
Number of
Shares
Value
Zimmer Biomet Holdings, Inc.
1,690
$158,742
 
$8,746,703
HEALTH CARE PROVIDERS & SERVICES − 1.7%
Cardinal Health, Inc.
2,060
473,862
Cencora, Inc.
1,660
516,824
Centene Corp.*
4,480
278,746
Chemed Corp.
100
53,225
Cigna Group (The)
2,367
660,511
CVS Health Corp.
11,371
1,187,474
DaVita, Inc.*
238
57,141
Elevance Health, Inc.
1,920
721,613
Encompass Health Corp.
880
97,742
Ensign Group, Inc. (The)
500
89,080
Guardant Health, Inc.*
1,100
178,189
HCA Healthcare, Inc.
1,325
533,432
Henry Schein, Inc.*
920
78,890
Humana, Inc.
1,080
392,969
Labcorp Holdings, Inc.
757
234,064
McKesson Corp.
1,080
924,685
Molina Healthcare, Inc.*
405
79,226
Quest Diagnostics, Inc.
1,000
233,010
Tenet Healthcare Corp.*
745
189,811
UnitedHealth Group, Inc.
7,995
3,313,128
Universal Health Services, Inc., Class B
510
85,904
 
$10,379,526
HEALTH CARE TECHNOLOGY − 0.1%
Doximity, Inc., Class A*
1,350
28,229
Veeva Systems, Inc., Class A*
1,300
264,914
 
$293,143
LIFE SCIENCES TOOLS & SERVICES − 0.9%
Agilent Technologies, Inc.
2,540
351,460
Avantor, Inc.*
6,495
89,501
Bio-Rad Laboratories, Inc., Class A*
140
45,567
Bio-Techne Corp.
1,350
97,322
Bruker Corp.
1,000
62,840
Charles River Laboratories International, Inc.*
470
109,280
Danaher Corp.
5,590
1,089,938
Illumina, Inc.*
1,390
285,089
IQVIA Holdings, Inc.*
1,480
347,830
Medpace Holdings, Inc.*
200
115,422
Mettler-Toledo International, Inc.*
210
297,423
QIAGEN NV
1,856
76,838
Repligen Corp.*
500
70,505
Revvity, Inc.
960
108,019
Sotera Health Co.*
1,940
34,648
Tempus AI, Inc., Class A*,#
850
37,290
Thermo Fisher Scientific, Inc.
3,300
1,895,190
Waters Corp.*
890
335,806
West Pharmaceutical Services, Inc.
600
204,576
 
$5,654,544
PHARMACEUTICALS − 3.3%
Apellis Pharmaceuticals, Inc.*,(1)
1,250
—
Axsome Therapeutics, Inc.*
400
87,196
Bristol-Myers Squibb Co.
18,276
1,193,606
Corcept Therapeutics, Inc.*
800
91,592
Description
 
Number of
Shares
Value
Elanco Animal Health, Inc.*
4,300
$113,391
Eli Lilly & Co.
7,100
8,156,764
Jazz Pharmaceuticals PLC*
510
128,959
Johnson & Johnson
21,410
5,488,453
Merck & Co., Inc.
22,056
2,871,691
Organon & Co.
2,616
35,447
Pfizer, Inc.
50,803
1,270,583
Royalty Pharma PLC, Class A
3,450
201,583
Viatris, Inc.
10,505
184,468
Zoetis, Inc.
3,761
290,688
 
$20,114,421
TOTAL HEALTH CARE
$57,103,934
INDUSTRIALS − 9.9%
AEROSPACE & DEFENSE − 2.5%
AeroVironment, Inc.*,#
300
44,811
ATI, Inc.*
1,100
206,184
Axon Enterprise, Inc.*
680
358,877
Boeing Co. (The)*
6,732
1,455,054
BWX Technologies, Inc.
875
147,612
Carpenter Technology Corp.
400
207,864
Curtiss-Wright Corp.
335
242,540
FTAI Aviation Ltd.
900
185,400
General Dynamics Corp.
2,280
874,198
General Electric Co.
9,235
3,325,246
HEICO Corp.#
450
160,362
HEICO Corp., Class A
652
167,746
Hexcel Corp.
800
82,360
Honeywell Aerospace, Inc.*
2,875
594,377
Howmet Aerospace, Inc.
3,546
1,000,894
Huntington Ingalls Industries, Inc.
355
115,890
Karman Holdings, Inc.*
500
24,075
Kratos Defense & Security Solutions, Inc.*
1,500
69,900
L3Harris Technologies, Inc.
1,682
466,015
Leonardo DRS, Inc.
700
32,235
Loar Holdings, Inc.*,#
400
27,380
Lockheed Martin Corp.
1,790
1,043,105
Northrop Grumman Corp.
1,220
661,826
Rocket Lab Corp.*
4,700
305,265
RTX Corp.
12,054
2,594,262
StandardAero, Inc.*
1,600
46,896
Textron, Inc.
1,453
123,883
TransDigm Group, Inc.
510
639,734
Woodward, Inc.
525
189,394
 
$15,393,385
AIR FREIGHT & LOGISTICS − 0.3%
C.H. Robinson Worldwide, Inc.
984
145,366
Expeditors International of Washington, Inc.
1,130
189,716
FedEx Corp.
1,955
600,967
GXO Logistics, Inc.*
945
47,401
United Parcel Service, Inc., Class B
6,610
688,894
 
$1,672,344
BUILDING PRODUCTS − 0.5%
A.O. Smith Corp.#
800
48,104
AAON, Inc.
550
48,983
Advanced Drainage Systems, Inc.
650
90,012
July 31, 2026 (unaudited) 

PORTFOLIO OF INVESTMENTS
7
Wilmington Large-Cap Strategy Fund (continued)
Description
 
Number of
Shares
Value
Allegion PLC
833
$131,114
Armstrong World Industries, Inc.
328
57,288
Builders FirstSource, Inc.*
970
64,447
Carlisle Cos., Inc.
340
122,373
Carrier Global Corp.
6,900
426,489
Fortune Brands Innovations, Inc.
860
42,364
Hayward Holdings, Inc.*
1,350
20,426
Johnson Controls International PLC
5,481
803,843
Lennox International, Inc.
300
124,764
Louisiana-Pacific Corp.
450
32,594
Masco Corp.
1,680
120,086
Owens Corning
748
103,897
Simpson Manufacturing Co., Inc.
350
65,709
Trane Technologies PLC
2,000
909,900
Trex Co., Inc.*
1,044
45,268
 
$3,257,661
COMMERCIAL SERVICES & SUPPLIES − 0.5%
Cintas Corp.
3,090
632,306
Clean Harbors, Inc.*
510
159,569
Copart, Inc.*
8,400
244,608
GFL Environmental, Inc.
1,950
80,574
MSA Safety, Inc.
300
57,081
RB Global, Inc.
1,726
189,411
Republic Services, Inc.
1,800
378,990
Rollins, Inc.
2,800
106,316
Tetra Tech, Inc.
2,500
82,900
Veralto Corp.
2,223
209,340
Waste Management, Inc.
3,360
761,208
 
$2,902,303
CONSTRUCTION & ENGINEERING − 0.4%
AECOM
1,255
90,849
API Group Corp.*
3,550
140,864
Comfort Systems USA, Inc.
350
605,391
Dycom Industries, Inc.*
250
100,268
EMCOR Group, Inc.
400
318,972
Everus Construction Group, Inc.*
420
52,681
IES Holdings, Inc.*
50
37,227
MasTec, Inc.*
550
144,705
Primoris Services Corp.
350
29,544
Quanta Services, Inc.
1,323
882,917
Sterling Infrastructure, Inc.*
250
149,192
Valmont Industries, Inc.
160
77,072
WillScot Holdings Corp.#
1,395
33,871
 
$2,663,553
ELECTRICAL EQUIPMENT − 1.3%
Acuity, Inc.
310
101,801
AMETEK, Inc.
2,090
505,174
Bloom Energy Corp., Class A*
2,400
493,944
Eaton Corp. PLC
3,438
1,427,458
Emerson Electric Co.
4,990
747,602
Forgent Power Solutions, Inc., Class A*
1,150
38,260
GE Vernova, Inc.
2,411
2,387,589
Generac Holdings, Inc.*
497
97,964
Hubbell, Inc.
490
231,549
Nextpower, Inc., Class A*
1,250
112,337
Description
 
Number of
Shares
Value
nVent Electric PLC
1,566
$240,898
Powell Industries, Inc.
250
52,170
Regal Rexnord Corp.
600
123,138
Rockwell Automation, Inc.
1,020
489,682
Sensata Technologies Holding PLC
1,348
62,399
Vertiv Holdings Co., Class A
3,430
828,585
Vicor Corp.*
200
41,474
 
$7,982,024
GROUND TRANSPORTATION − 0.9%
Avis Budget Group, Inc.*
95
13,057
CSX Corp.
16,970
855,288
Fedex Freight Holding Co., Inc.*
977
137,298
JB Hunt Transport Services, Inc.
720
195,660
Knight-Swift Transportation Holdings, Inc.
1,505
104,642
Landstar System, Inc.
240
41,945
Lyft, Inc., Class A*
3,100
49,166
Norfolk Southern Corp.
2,010
674,315
Old Dominion Freight Line, Inc.
1,700
360,638
Ryder System, Inc.
390
100,004
Saia, Inc.*
240
83,431
Schneider National, Inc., Class B
618
22,087
Uber Technologies, Inc.*
17,460
1,228,485
U-Haul Holding Co.*,#
213
15,104
U-Haul Holding Co.
817
51,128
Union Pacific Corp.
5,290
1,545,368
XPO, Inc.*
1,000
200,970
 
$5,678,586
INDUSTRIAL CONGLOMERATES − 0.3%
3M Co.
4,650
819,702
DuPont de Nemours, Inc.
1,204
164,948
Honeywell International, Inc.
2,875
698,769
 
$1,683,419
MACHINERY − 2.0%
AGCO Corp.
445
45,461
Allison Transmission Holdings, Inc.
850
97,359
Caterpillar, Inc.
4,050
3,299,980
CNH Industrial NV
8,900
91,225
Crane Co.
400
85,384
Cummins, Inc.
1,230
780,066
Deere & Co.
2,200
1,303,874
Donaldson Co., Inc.
910
85,758
Dover Corp.
1,320
270,098
Esab Corp.#
499
43,178
Flowserve Corp.
1,248
94,836
Fortive Corp.
2,690
159,275
Gates Industrial Corp. Ltd.*
1,725
48,266
Graco, Inc.
1,320
104,782
IDEX Corp.
670
154,401
Illinois Tool Works, Inc.
2,600
746,070
Ingersoll Rand, Inc.
3,694
308,006
ITT, Inc.
835
163,643
Lincoln Electric Holdings, Inc.
500
130,655
Middleby Corp. (The)*
500
66,790
Midera Food Processing, Inc.*
500
23,975
Mueller Industries, Inc.
2,000
132,820
 July 31, 2026 (unaudited)

8
PORTFOLIO OF INVESTMENTS
Wilmington Large-Cap Strategy Fund (continued)
Description
 
Number of
Shares
Value
Nordson Corp.
500
$148,890
Oshkosh Corp.
640
91,142
Otis Worldwide Corp.
3,375
242,831
PACCAR, Inc.
4,760
631,557
Parker-Hannifin Corp.
1,140
1,113,244
Pentair PLC
1,564
102,348
RBC Bearings, Inc.*
300
165,393
Snap-on, Inc.
480
196,997
SPX Technologies, Inc.*
400
87,848
Stanley Black & Decker, Inc.
1,220
115,388
Timken Co. (The)
650
89,408
Toro Co. (The)
880
80,846
Watts Water Technologies, Inc., Class A
200
69,158
Westinghouse Air Brake Technologies Corp.
1,595
463,922
Xylem, Inc.
2,110
246,807
 
$12,081,681
MARINE TRANSPORTATION − 0.0%**
Kirby Corp.*
450
59,013
PASSENGER AIRLINES − 0.2%
Alaska Air Group, Inc.*
1,175
55,754
American Airlines Group, Inc.*
6,468
98,766
Delta Air Lines, Inc.
5,865
512,836
Southwest Airlines Co.
4,130
185,726
United Airlines Holdings, Inc.*
2,903
352,221
 
$1,205,303
PROFESSIONAL SERVICES − 0.5%
Amentum Holdings, Inc.*
1,526
33,877
Automatic Data Processing, Inc.
3,650
972,579
Booz Allen Hamilton Holding Corp.
1,150
80,178
Broadridge Financial Solutions, Inc.
1,120
172,424
CACI International, Inc., Class A*,#
203
101,043
Equifax, Inc.
980
169,168
ExlService Holdings, Inc.*
1,100
37,323
FTI Consulting, Inc.*
300
47,814
Genpact Ltd.
1,595
56,096
Jacobs Solutions, Inc.
1,000
134,930
KBR, Inc.
1,250
45,763
Leidos Holdings, Inc.
1,100
127,160
Mobility Global, Inc.*
2,639
53,783
Parsons Corp.*
450
19,895
Paychex, Inc.
3,070
358,699
Paycom Software, Inc.
400
65,584
Paylocity Holding Corp.*
285
39,300
Planet Labs PBC*
2,500
51,200
Robert Half, Inc.
1,048
39,614
Science Applications International Corp.
400
46,852
SS&C Technologies Holdings, Inc.
2,050
157,952
TransUnion
1,600
125,792
UL Solutions, Inc., Class A
550
50,402
Verisk Analytics, Inc.
1,140
222,129
 
$3,209,557
TRADING COMPANIES & DISTRIBUTORS − 0.5%
Applied Industrial Technologies, Inc.
350
120,823
Core & Main, Inc., Class A*
1,895
83,323
Fastenal Co.
10,160
484,733
Description
 
Number of
Shares
Value
Ferguson Enterprises, Inc.
1,720
$403,048
MSC Industrial Direct Co., Inc., Class A
340
41,956
QXO, Inc.*
8,550
113,715
SiteOne Landscape Supply, Inc.*
400
37,776
Sunbelt Rentals Holdings, Inc.
3,500
251,720
United Rentals, Inc.
570
615,178
Watsco, Inc.#
300
92,790
WESCO International, Inc.
440
151,136
WW Grainger, Inc.
395
545,977
 
$2,942,175
TOTAL INDUSTRIALS
$60,731,004
INFORMATION TECHNOLOGY(2) − 34.5%
COMMUNICATIONS EQUIPMENT − 1.2%
Applied Optoelectronics, Inc.*
700
66,024
Arista Networks, Inc.*
9,310
1,679,058
Ciena Corp.*
1,223
461,132
Cisco Systems, Inc.
35,010
4,060,810
F5, Inc.*
513
206,518
Lumentum Holdings, Inc.*
640
456,922
Motorola Solutions, Inc.
1,440
627,480
Ubiquiti, Inc.
50
27,826
Viavi Solutions, Inc.*
1,900
70,205
 
$7,655,975
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS − 1.0%
Advanced Energy Industries, Inc.
300
86,856
Amphenol Corp., Class A
10,930
1,756,451
Arrow Electronics, Inc.*
415
89,876
Avnet, Inc.
600
53,304
CDW Corp.
1,090
161,113
Cognex Corp.
1,600
104,384
Coherent Corp.*
1,568
412,211
Corning, Inc.
7,020
970,515
Fabrinet*
300
130,623
Flex Ltd.*
3,300
375,375
IPG Photonics Corp.*
230
19,564
Jabil, Inc.
958
301,818
Keysight Technologies, Inc.*
1,500
478,620
Littelfuse, Inc.
243
107,438
Ralliant Corp.
813
53,146
Sanmina Corp.*
400
74,224
TD SYNNEX Corp.
683
174,643
Teledyne Technologies, Inc.*
393
257,639
TTM Technologies, Inc.*
850
98,124
Vontier Corp.
1,036
33,287
Zebra Technologies Corp., Class A*
450
132,219
 
$5,871,430
IT SERVICES − 1.0%
Accenture PLC, Class A
5,410
897,627
Akamai Technologies, Inc.*
1,300
149,734
Amdocs Ltd.
720
40,118
Applied Digital Corp.*,#
2,300
62,997
Cloudflare, Inc., Class A*
2,800
781,144
Cognizant Technology Solutions Corp., Class A
4,150
229,703
CoreWeave, Inc., Class A*
3,100
222,487
DigitalOcean Holdings, Inc.*
750
88,125
July 31, 2026 (unaudited) 

PORTFOLIO OF INVESTMENTS
9
Wilmington Large-Cap Strategy Fund (continued)
Description
 
Number of
Shares
Value
EPAM Systems, Inc.*
450
$47,502
Gartner, Inc.*
550
83,061
GoDaddy, Inc., Class A*
1,160
95,978
International Business Machines Corp.
8,380
1,874,187
Kyndryl Holdings, Inc.*
2,412
32,683
MongoDB, Inc.*
715
241,298
Okta, Inc.*
1,400
198,702
Snowflake, Inc., Class A*
2,930
859,310
Twilio, Inc., Class A*
1,250
246,688
VeriSign, Inc.
750
217,515
 
$6,368,859
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT − 15.7%
Advanced Micro Devices, Inc.*
14,418
6,865,131
Allegro MicroSystems, Inc.*
1,000
41,500
Amkor Technology, Inc.
1,050
52,364
Analog Devices, Inc.
4,332
1,591,620
Applied Materials, Inc.
7,050
3,579,073
Astera Labs, Inc.*
1,350
420,160
Broadcom, Inc.
41,280
16,069,478
Cirrus Logic, Inc.*
450
58,208
Credo Technology Group Holding Ltd.*
1,450
300,135
Enphase Energy, Inc.*
1,050
39,417
Entegris, Inc.
1,350
160,717
First Solar, Inc.*
900
189,927
FormFactor, Inc.*
600
63,720
GLOBALFOUNDRIES, Inc.
950
47,491
Intel Corp.*
38,930
3,511,486
KLA Corp.
11,600
2,120,712
Lam Research Corp.
11,095
3,251,057
Lattice Semiconductor Corp.*
1,200
149,124
MACOM Technology Solutions Holdings, Inc.*
600
150,864
Marvell Technology, Inc.
7,761
1,455,653
Microchip Technology, Inc.
4,678
347,529
Micron Technology, Inc.
10,030
8,254,991
MKS, Inc
633
188,286
Monolithic Power Systems, Inc.
430
613,193
NVIDIA Corp.
206,990
41,553,242
ON Semiconductor Corp.*
3,528
287,920
Onto Innovation, Inc.*
450
116,361
Qnity Electronics, Inc.
1,831
240,191
Qorvo, Inc.*
750
67,928
QUALCOMM, Inc.
9,370
1,383,106
Rambus, Inc.*
850
77,375
Semtech Corp.*
750
88,365
SiTime Corp.*
200
107,040
Skyworks Solutions, Inc.#
1,240
77,227
Teradyne, Inc.
1,400
514,766
Texas Instruments, Inc.
8,090
2,230,737
Universal Display Corp.#
350
28,056
 
$96,294,150
SOFTWARE − 8.2%
Adobe, Inc.*
3,620
906,484
Appfolio, Inc., Class A*
200
36,038
Atlassian Corp., Class A*
1,350
136,370
Aurora Innovation, Inc.*,#
9,950
64,178
Autodesk, Inc.*
1,830
428,586
Description
 
Number of
Shares
Value
Bentley Systems, Inc., Class B
1,000
$35,440
BILL Holdings, Inc.*
750
33,848
BitMine Immersion Technologies, Inc.#
4,900
84,672
Cadence Design Systems, Inc.*
2,450
833,049
CCC Intelligent Solutions Holdings, Inc.*,#
2,050
12,485
Circle Internet Group, Inc.*
1,600
100,176
Crowdstrike Holdings, Inc., Class A*
8,876
1,694,073
Datadog, Inc., Class A*
2,898
776,577
Docusign, Inc.*
1,870
102,532
Dolby Laboratories, Inc., Class A
390
22,936
Dropbox, Inc., Class A*
1,250
40,700
Dynatrace, Inc.*
2,673
118,467
Elastic NV*
700
46,053
Fair Isaac Corp.*
190
213,364
Figma, Inc., Class A*
1,900
46,208
Fortinet, Inc.*
5,380
871,291
Gen Digital, Inc.
4,670
128,191
Gitlab, Inc., Class A*
1,300
44,863
Guidewire Software, Inc.*
750
113,955
HubSpot, Inc.*
483
114,645
Intuit, Inc.
2,410
761,729
IREN Ltd.*,#
2,900
106,720
Manhattan Associates, Inc.*
523
100,081
Microsoft Corp.
65,944
30,645,496
Nutanix, Inc., Class A*
2,300
135,723
Oracle Corp.
15,230
1,977,920
Palantir Technologies, Inc., Class A*
19,610
2,413,207
Palo Alto Networks, Inc.*
7,160
2,375,903
Pegasystems, Inc.#
840
25,662
Procore Technologies, Inc.*
1,150
62,986
PTC, Inc.*
1,000
137,200
RingCentral, Inc., Class A
600
33,372
Roper Technologies, Inc.
900
352,773
Rubrik, Inc., Class A*
1,250
90,450
SailPoint, Inc.*,#
500
8,385
Salesforce, Inc.
6,976
1,283,724
Samsara, Inc., Class A*
2,700
100,629
SentinelOne, Inc., Class A*
2,900
55,274
ServiceNow, Inc.*
9,150
1,017,754
Strategy, Inc., Class A*
2,800
261,184
Synopsys, Inc.*
1,659
644,953
Terawulf, Inc.*,#
3,150
55,629
Trimble, Inc.*
2,080
117,686
Tyler Technologies, Inc.*
360
111,456
UiPath, Inc., Class A*,#
4,050
51,678
Unity Software, Inc.*
3,010
95,447
Workday, Inc., Class A*
1,850
296,629
Zoom Communications, Inc., Class A*
2,378
228,454
Zscaler, Inc.*
950
143,640
 
$50,696,925
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS − 7.4%
Apple, Inc.
128,300
39,633,153
Dell Technologies, Inc., Class C
2,650
1,074,231
Everpure, Inc., Class A*
2,795
215,690
Hewlett Packard Enterprise Co.
11,940
571,926
HP, Inc.
7,790
212,433
IonQ, Inc.*,#
3,250
118,430
 July 31, 2026 (unaudited)

10
PORTFOLIO OF INVESTMENTS
Wilmington Large-Cap Strategy Fund (continued)
Description
 
Number of
Shares
Value
NetApp, Inc.
1,703
$303,986
Sandisk Corp.*
1,327
1,612,079
Super Micro Computer, Inc.*
4,750
134,900
Western Digital Corp.
2,983
1,625,258
 
$45,502,086
TOTAL INFORMATION TECHNOLOGY
$212,389,425
MATERIALS − 1.9%
CHEMICALS − 0.9%
Air Products & Chemicals, Inc.
1,870
551,444
Albemarle Corp.
1,045
122,934
Axalta Coating Systems Ltd.*
1,690
60,519
Celanese Corp.
990
44,273
CF Industries Holdings, Inc.
1,300
162,747
Corteva, Inc.
5,752
452,740
Dow, Inc.
6,209
188,071
Eastman Chemical Co.
860
60,157
Ecolab, Inc.
2,100
583,023
Element Solutions, Inc.
2,040
74,929
International Flavors & Fragrances, Inc.
2,140
169,531
Linde PLC
3,940
1,884,817
LyondellBasell Industries NV, Class A
2,200
136,576
Mosaic Co. (The)
2,715
60,056
NewMarket Corp.
50
42,508
Olin Corp.
900
16,659
PPG Industries, Inc.
1,850
204,462
RPM International, Inc.
1,050
112,423
Scotts Miracle-Gro Co. (The)
295
19,375
Sherwin-Williams Co. (The)
1,940
661,249
Solstice Advanced Materials, Inc.
1,287
77,439
Westlake Corp.
250
17,625
 
$5,703,557
CONSTRUCTION MATERIALS − 0.2%
CRH PLC
5,580
530,156
Eagle Materials, Inc.
250
51,235
James Hardie Industries PLC*
1,451
38,147
Martin Marietta Materials, Inc.
500
262,570
Vulcan Materials Co.
1,090
292,741
 
$1,174,849
CONTAINERS & PACKAGING − 0.2%
Amcor PLC
3,752
168,390
AptarGroup, Inc.
445
59,612
Avery Dennison Corp.
650
110,324
Ball Corp.
2,240
145,376
Crown Holdings, Inc.
918
108,186
Graphic Packaging Holding Co.
2,705
29,025
International Paper Co.
4,500
183,735
Packaging Corp. of America
750
184,380
Silgan Holdings, Inc.
805
32,184
Smurfit Westrock PLC
4,500
206,865
Sonoco Products Co.
680
38,325
 
$1,266,402
METALS & MINING − 0.6%
Alcoa Corp.
2,350
106,361
Almonty Industries, Inc.*
1,750
19,355
Description
 
Number of
Shares
Value
Anglogold Ashanti PLC
4,300
$341,076
Aura Minerals, Inc.#
300
16,371
Cleveland-Cliffs, Inc.*
5,450
62,784
Coeur Mining, Inc.
8,050
120,026
Freeport-McMoRan, Inc.
12,200
764,086
Hecla Mining Co.
4,500
63,540
MP Materials Corp.*,#
1,095
45,300
Newmont Corp.
9,110
853,698
Nucor Corp.
1,850
475,986
Reliance, Inc.
450
182,745
Royal Gold, Inc.
708
140,432
Southern Copper Corp.
762
139,225
Steel Dynamics, Inc.
1,150
288,949
 
$3,619,934
TOTAL MATERIALS
$11,764,742
REAL ESTATE − 2.2%
DIVERSIFIED REITS − 0.0%**
WP Carey, Inc.
2,000
147,200
HEALTH CARE REITS − 0.4%
Alexandria Real Estate Equities, Inc.
1,665
85,664
American Healthcare REIT, Inc.
1,450
80,620
Healthcare Realty Trust, Inc.
3,380
71,014
Healthpeak Properties, Inc.
6,530
142,550
Medical Properties Trust, Inc.#
1,950
9,028
Omega Healthcare Investors, Inc.
2,600
131,638
Ventas, Inc.
4,286
400,784
Welltower, Inc.
6,270
1,469,939
 
$2,391,237
HOTEL & RESORT REITS − 0.0%**
Host Hotels & Resorts, Inc.
6,130
154,047
INDUSTRIAL REITS − 0.3%
Americold Realty Trust, Inc.
2,940
41,425
EastGroup Properties, Inc.
495
103,460
First Industrial Realty Trust, Inc.
1,400
92,176
Lineage, Inc.
700
29,659
Prologis, Inc.
8,228
1,189,851
Rexford Industrial Realty, Inc.
2,265
85,549
STAG Industrial, Inc.
1,725
65,998
 
$1,608,118
OFFICE REITS − 0.0%**
BXP, Inc.
1,500
105,180
Cousins Properties, Inc.
1,333
42,056
Kilroy Realty Corp.
1,060
41,150
Vornado Realty Trust
1,526
60,109
 
$248,495
REAL ESTATE MANAGEMENT & DEVELOPMENT − 0.1%
CBRE Group, Inc., Class A*
2,510
368,493
CoStar Group, Inc.*
3,750
107,850
Howard Hughes Holdings, Inc.*
258
16,491
Jones Lang LaSalle, Inc.*
428
151,953
Zillow Group, Inc., Class A*,#
450
15,611
Zillow Group, Inc., Class C*
1,495
50,920
 
$711,318
July 31, 2026 (unaudited) 

PORTFOLIO OF INVESTMENTS
11
Wilmington Large-Cap Strategy Fund (continued)
Description
 
Number of
Shares
Value
RESIDENTIAL REITS − 0.3%
American Homes 4 Rent, Class A
3,050
$101,931
AvalonBay Communities, Inc.
1,272
236,096
Camden Property Trust
820
90,864
Equity LifeStyle Properties, Inc.
1,700
110,619
Equity Residential
3,450
229,253
Essex Property Trust, Inc.
573
162,812
Invitation Homes, Inc.
5,785
171,930
Mid-America Apartment Communities, Inc.
1,021
135,119
Sun Communities, Inc.
1,000
123,480
UDR, Inc.
3,130
119,441
 
$1,481,545
RETAIL REITS − 0.3%
Agree Realty Corp.
1,050
81,690
Brixmor Property Group, Inc.
3,150
99,257
Federal Realty Investment Trust
848
105,228
Kimco Realty Corp.
6,356
161,951
NNN REIT, Inc.
1,415
67,241
Realty Income Corp.
8,189
523,031
Regency Centers Corp.
1,783
143,157
Simon Property Group, Inc.
2,893
663,567
 
$1,845,122
SPECIALIZED REITS − 0.8%
American Tower Corp.
4,160
721,178
Crown Castle, Inc.
3,890
296,807
CubeSmart
2,083
86,361
Digital Realty Trust, Inc.
3,210
605,149
EPR Properties
700
43,449
Equinix, Inc.
881
897,986
Extra Space Storage, Inc.
1,862
275,650
Fermi, Inc.*
1,750
9,957
Gaming and Leisure Properties, Inc.
2,309
103,420
Iron Mountain, Inc.
2,706
330,998
Lamar Advertising Co., Class A
700
111,972
Millrose Properties, Inc., Class A
1,393
38,976
Public Storage
1,515
491,118
Rayonier, Inc.
2,185
47,589
SBA Communications Corp.
950
171,931
VICI Properties, Inc.
9,588
252,644
Weyerhaeuser Co.
6,232
155,987
 
$4,641,172
TOTAL REAL ESTATE
$13,228,254
UTILITIES − 2.1%
ELECTRIC UTILITIES − 1.3%
Alliant Energy Corp.
2,250
159,255
American Electric Power Co., Inc.
4,900
626,465
Constellation Energy Corp.
2,823
741,743
Duke Energy Corp.
6,935
869,857
Edison International
3,350
245,790
Entergy Corp.
4,000
430,480
Evergy, Inc.
2,300
190,923
Eversource Energy
3,300
236,247
Exelon Corp.
9,100
416,962
FirstEnergy Corp.
5,150
248,796
IDACORP, Inc.
450
64,310
Description
 
Number of
Shares
Value
NextEra Energy, Inc.
18,610
$1,617,581
NRG Energy, Inc.
1,825
245,079
OGE Energy Corp.
1,763
83,478
Oklo, Inc.*,#
1,200
46,596
PG&E Corp.
19,700
342,386
Pinnacle West Capital Corp.
1,050
106,040
PPL Corp.
6,500
228,865
Southern Co. (The)
9,950
940,673
Xcel Energy, Inc.
5,400
422,280
 
$8,263,806
GAS UTILITIES − 0.1%
Atmos Energy Corp.
1,440
248,803
MDU Resources Group, Inc.
1,780
35,511
National Fuel Gas Co.
770
63,379
UGI Corp.
1,900
68,628
 
$416,321
INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS − 0.1%
AES Corp. (The)
6,550
96,154
Brookfield Renewable Corp.
1,315
43,855
Clearway Energy, Inc., Class C
880
27,922
Talen Energy Corp.*
400
133,640
Vistra Corp.
3,025
448,275
 
$749,846
MULTI-UTILITIES − 0.5%
Ameren Corp.
2,450
268,545
CenterPoint Energy, Inc.
6,100
256,444
CMS Energy Corp.
2,650
190,774
Consolidated Edison, Inc.
3,250
353,762
Dominion Energy, Inc.
7,673
530,741
DTE Energy Co.
1,850
262,460
NiSource, Inc.
4,800
213,264
Public Service Enterprise Group, Inc.
4,490
344,293
Sempra
5,850
518,017
WEC Energy Group, Inc.
2,900
317,318
 
$3,255,618
WATER UTILITIES − 0.1%
American Water Works Co., Inc.
1,700
228,089
Essential Utilities, Inc.
2,250
89,663
 
$317,752
TOTAL UTILITIES
$13,003,343
TOTAL COMMON STOCKS
(COST $111,894,634)
$613,149,907
PREFERRED STOCK − 0.0%**
REAL ESTATE − 0.0%**
REAL ESTATE MANAGEMENT & DEVELOPMENT − 0.0%**
Brookfield Property Preferred LP 6.25%*
400
6,400
TOTAL REAL ESTATE
$6,400
TOTAL PREFERRED STOCK
(COST $9,880)
$6,400
RIGHTS − 0.0%**
ABIOMED, Inc. CVR, Expire 12/31/49*,(1)
150
—
 July 31, 2026 (unaudited)

12
PORTFOLIO OF INVESTMENTS
Wilmington Large-Cap Strategy Fund (continued)
Description
 
Number of
Shares
Value
Bristol-Myers Squibb Co. CVR, Expire
12/31/30*
89
$8
Mirati Therapeutics, Inc. CVR, Expire
01/23/31*,(1)
550
—
TPG, Inc. CVR*,(1)
2,040
—
Walgreens Boots Alliance, Inc. CVR*,(1)
7,455
—
TOTAL RIGHTS
(COST $0)
$8
WARRANTS − 0.0%**
GameStop Corp. Class A, Expire 09/10/30*
424
806
TOTAL WARRANTS
(COST $0)
$806
INVESTMENT COMPANIES − 0.2%
EQUITY FUNDS − 0.2%
iShares Russell 1000 ETF
1,570
641,157
iShares Russell 1000 Growth ETF
2,720
321,830
iShares Russell 1000 Value ETF
1,240
312,257
TOTAL EQUITY FUNDS
$1,275,244
TOTAL INVESTMENT COMPANIES
(COST $1,239,107)
$1,275,244
MONEY MARKET FUND − 0.1%
BNY Dreyfus Government Cash Management
Fund, Institutional Shares, 3.56%^
401,418
401,418
TOTAL MONEY MARKET FUND
(COST $401,418)
$401,418
 
 
 
Par Value
 
CASH COLLATERAL INVESTED FOR SECURITIES ON LOAN − 0.5%
REPURCHASE AGREEMENTS − 0.5%
Barclays Capital, Inc., 3.64%, dated 7/31/26,
due 8/03/26, repurchase price $187,896,
collateralized by a U.S. Treasury Security,
4.63%, maturing 11/15/44; total market
value of $191,596.
$187,839
187,839
Description
 
Par Value
Value
BNP Paribas SA, 3.64%, dated 7/31/26, due
8/03/26, repurchase price $645,674,
collateralized by U.S. Treasury Securities,
0.00% to 6.63%, maturing 9/08/26 to
11/15/53; total market value of $658,388.
$645,478
$645,478
Daiwa Capital Markets America, Inc., 3.64%,
dated 7/31/26, due 8/03/26, repurchase
price $645,674, collateralized by
U.S. Treasury Securities, 0.13% to 4.38%,
maturing 12/31/26 to 11/30/32; total market
value of $658,388.
645,478
645,478
Deutsche Bank Securities, Inc., 3.64%, dated
7/31/26, due 8/03/26, repurchase price
$645,674, collateralized by U.S. Treasury
Securities, 3.38% to 4.00%, maturing
9/15/27 to 11/15/35; total market value of
$658,388.
645,478
645,478
RBC Dominion Securities, Inc., 3.64%, dated
7/31/26, due 8/03/26, repurchase price
$645,674, collateralized by U.S. Treasury
Securities, 0.00% to 2.13%, maturing
11/17/26 to 2/15/49; total market value of
$658,388.
645,478
645,478
TD Securities, Inc., 3.64%, dated 7/31/26, due
8/03/26, repurchase price $645,674,
collateralized by U.S. Treasury Securities,
0.63% to 4.13%, maturing 1/31/28 to
6/30/31; total market value of $658,388.
645,478
645,478
TOTAL REPURCHASE AGREEMENTS
(COST $3,415,229)
$3,415,229
TOTAL CASH COLLATERAL INVESTED FOR SECURITIES ON
LOAN
(COST $3,415,229)
$3,415,229
TOTAL INVESTMENTS − 100.5%
(COST $116,960,268)
$618,249,012
COLLATERAL FOR SECURITIES ON LOAN − (0.6%)
(3,415,229
)
OTHER ASSETS LESS LIABILITIES − 0.1%
151,577
TOTAL NET ASSETS − 100.0%
$614,985,360
July 31, 2026 (unaudited) 

PORTFOLIO OF INVESTMENTS
13
Wilmington Large-Cap Strategy Fund (concluded)
Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels listed below.
Level 1 – quoted prices in active markets for identical securities
Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 – significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)
The following is a summary of the inputs used as of July 31, 2026 in valuing the Fund’s assets carried at fair value:
 
 
Level 1
Level 2
Level 3
Total
Investments in Securities
Real Estate Investment Trusts
$80,620
$—
$—
$80,620
Common Stocks
613,069,287
—
—
(a)
613,069,287
Preferred Stock
6,400
—
—
6,400
Rights
8
—
—
(a)
8
Warrants
806
—
—
806
Investment Companies
1,275,244
—
—
1,275,244
Money Market Fund
401,418
—
—
401,418
Repurchase Agreements
—
3,415,229
—
3,415,229
Total
$614,833,783
$3,415,229
$—
$618,249,012
 
(a)
Includes internally fair valued securities currently priced at zero ($0).
The inputs or techniques used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. Additional information on the Fund’s valuation policy is included in the most recent semi-annual or annual financial statements.

 
*
Non-income producing security.
#
Security, or a portion thereof, is on loan.
**
Represents less than 0.05%.
^
7-Day net yield.
(1)
The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security in the Valuation Hierarchy table located at the end of the
Portfolio of Investments.
(2)
As of July 31, 2026, the Fund had a significant portion of its assets invested in this sector. Any development affecting that sector will have a greater impact on the value of the
net assets of the Fund than would be the case if the Fund did not have significant investments in that sector. 
 
The following acronyms are used throughout this Portfolio of Investments:
CVR
Contingent Value Rights
ETF
Exchange-Traded Fund
LP
Limited Partnership
NA
National Association
PLC
Public Limited Company
REIT
Real Estate Investment Trust
For additional information about significant accounting policies, refer to the Fund’s most recent semi-annual or annual financial statements.
 July 31, 2026 (unaudited)