Unified Series Trust NPORT-P Nightshares 500 Etf (Feb 2023 report)

NightShares

500

ETF

Schedule

of

Investments

February

28,

2023

(Unaudited)

1

Exchange-Traded

Funds

—

29.73%

Shares

Fair

Value

BondBloxx

Bloomberg

One

Year

Target

Duration

U.S.

Treasury

ETF

7,000‌

$

348,145‌

BondBloxx

Bloomberg

Six

Month

Target

Duration

U.S.

Treasury

ETF

14,100‌

707,546‌

Total

Exchange-Traded

Funds

    (Cost $1,056,482)

1,055,691‌

U.S.

Government

&

Agencies

—

51.75%

(a)

Principal

Amount

U.S.

Treasury

Bill

4.49%,

3/02/2023

$

1,340,000‌

1,339,839‌

U.S.

Treasury

Bill

4.25%,

4/13/2023

500,000‌

497,337‌

Total

U.S.

Government

&

Agencies

    (Cost $1,837,384)

1,837,176‌

Total

Investments

—

81.48%

    (Cost

$2,893,866)

2,892,867‌

Other

Assets

in

Excess

of

Liabilities — 18.52%

(b)

657,676‌

Net

Assets

—

100.00%

$

3,550,543‌

(a)

The

rate

shown

represents

effective

yield

at

time

of

purchase.

(b)

Includes

cash

held

as

margin

for

futures

contracts.

NightShares

500

ETF

Schedule

of

Futures

Contracts

February

28,

2023

(Unaudited)

2

Contracts

Expiration

Date

Notional

Value

Value

and

Unrealized

Appreciation

(Depreciation)

LONG

CONTRACTS

CME

E-Mini

Standard

&

Poor’

s

500

Index

Future

17

March

2023

$

3,379,175‌

$

(2,138‌)

$

(2,138‌)

NightShares

2000

ETF

Schedule

of

Investments

February

28,

2023

(Unaudited)

3

Exchange-Traded

Funds

—

54.45%

Shares

Fair

Value

BondBloxx

Bloomberg

One

Year

Target

Duration

U.S.

Treasury

ETF

15,000‌

$

746,025‌

BondBloxx

Bloomberg

Six

Month

Target

Duration

U.S.

Treasury

ETF

51,500‌

2,584,301‌

Total

Exchange-Traded

Funds

    (Cost $3,333,888)

3,330,326‌

U.S.

Government

&

Agencies

—

25.25%

(a)

Principal

Amount

U.S.

Treasury

Bill

4.49%,

3/02/2023

$

550,000‌

549,933‌

U.S.

Treasury

Bill

4.25%,

4/13/2023

1,000,000‌

994,674‌

Total

U.S.

Government

&

Agencies

    (Cost $1,545,029)

1,544,607‌

Total

Investments

—

79.70%

    (Cost

$4,878,917)

4,874,933‌

Other

Assets

in

Excess

of

Liabilities — 20.30%

(b)

1,241,661‌

Net

Assets

—

100.00%

$

6,116,594‌

(a)

The

rate

shown

represents

effective

yield

at

time

of

purchase.

(b)

Includes

cash

held

as

margin

for

futures

contracts.

NightShares

2000

ETF

Schedule

of

Futures

Contracts

February

28,

2023

(Unaudited)

4

Contracts

Expiration

Date

Notional

Value

Value

and

Unrealized

Appreciation

(Depreciation)

LONG

CONTRACTS

CME

E-Mini

Russell

2000

Index

Futures

64

March

2023

$

6,077,120‌

$

(2,585‌)

$

(2,585‌)

NightShares

500

1x/1.5x

ETF

Schedule

of

Investments

February

28,

2023

(Unaudited)

5

Exchange-Traded

Funds

—

79.89%

Shares

Fair

Value

BondBloxx

Bloomberg

One

Year

Target

Duration

U.S.

Treasury

ETF

27,550‌

$

1,370,199‌

iShares

Core

S&P

500

ETF

24,446‌

9,728,775‌

Total

Exchange-Traded

Funds

    (Cost $11,260,192)

11,098,974‌

U.S.

Government

&

Agencies

—

2.95%

(a)

Principal

Amount

U.S.

Treasury

Bill

4.49%,

3/02/2023

$

410,000‌

409,950‌

Total

U.S.

Government

&

Agencies

    (Cost $409,950)

409,950‌

Total

Investments

—

82.84%

    (Cost

$11,670,142)

11,508,924‌

Other

Assets

in

Excess

of

Liabilities — 17.16%

(b)

2,383,651‌

Net

Assets

—

100.00%

$

13,892,575‌

(a)

The

rate

shown

represents

effective

yield

at

time

of

purchase.

(b)

Includes

cash

held

as

margin

for

futures

contracts.

NightShares

500

1x/1.5x

ETF

Schedule

of

Futures

Contracts

February

28,

2023

(Unaudited)

6

Contracts

Expiration

Date

Notional

Value

Value

and

Unrealized

Appreciation

(Depreciation)

LONG

CONTRACTS

CME

E-Mini

Standard

&

Poor’s

500

Index

Future

56

March

2023

$

11,131,400‌

$

73,922‌

$

73,922‌