HCM DEFENDER 100 INDEX ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) | |||||||
March 31, 2024 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — 80.5% | |||||||
ADVERTISING & MARKETING - 0.2% | |||||||
11,128 | Trade Desk, Inc. (The), Class A(a) | $ 972,810 | |||||
AUTOMOTIVE - 2.3% | |||||||
56,183 | Tesla, Inc.(a) | 9,876,410 | |||||
BEVERAGES - 1.6% | |||||||
4,087 | Coca-Cola Europacific Partners plc | 285,886 | |||||
18,264 | Keurig Dr Pepper, Inc. | 560,157 | |||||
10,939 | Monster Beverage Corporation(a) | 648,464 | |||||
30,165 | PepsiCo, Inc. | 5,279,176 | |||||
6,773,683 | |||||||
BIOTECH & PHARMA - 2.7% | |||||||
2,655 | Alnylam Pharmaceuticals, Inc.(a) | 396,790 | |||||
11,326 | Amgen, Inc. | 3,220,209 | |||||
3,319 | Biogen, Inc.(a) | 715,676 | |||||
1,763 | BioNTech S.E. - ADR(a) | 162,637 | |||||
27,633 | Gilead Sciences, Inc. | 2,024,117 | |||||
7,088 | Moderna, Inc.(a) | 755,297 | |||||
2,225 | Regeneron Pharmaceuticals, Inc.(a) | 2,141,540 | |||||
5,504 | Vertex Pharmaceuticals, Inc.(a) | 2,300,727 | |||||
11,716,993 | |||||||
CABLE & SATELLITE - 1.1% | |||||||
2,083 | Charter Communications, Inc., Class A(a) | 605,382 | |||||
91,503 | Comcast Corporation, Class A | 3,966,655 | |||||
4,572,037 | |||||||
CHEMICALS - 0.8% | |||||||
7,589 | Linde plc | 3,523,724 | |||||
COMMERCIAL SUPPORT SERVICES - 0.3% | |||||||
1,733 | Cintas Corporation | 1,190,623 | |||||
DIVERSIFIED INDUSTRIALS - 0.7% | |||||||
13,925 | Honeywell International, Inc. | 2,858,106 | |||||
HCM DEFENDER 100 INDEX ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
March 31, 2024 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — 80.5% (Continued) | |||||||
E-COMMERCE DISCRETIONARY - 5.5% | |||||||
110,433 | Amazon.com, Inc.(a) | $ 19,919,905 | |||||
11,608 | eBay, Inc. | 612,670 | |||||
919 | MercadoLibre, Inc.(a) | 1,389,491 | |||||
13,281 | PDD Holdings, Inc. - ADR(a) | 1,543,916 | |||||
23,465,982 | |||||||
ELECTRIC UTILITIES - 0.9% | |||||||
10,926 | American Electric Power Company, Inc. | 940,729 | |||||
6,941 | Constellation Energy Corporation | 1,283,044 | |||||
20,640 | Exelon Corporation | 775,445 | |||||
12,019 | Xcel Energy, Inc. | 646,021 | |||||
3,645,239 | |||||||
ENTERTAINMENT CONTENT - 0.3% | |||||||
5,331 | Electronic Arts, Inc. | 707,264 | |||||
53,110 | Warner Bros Discovery, Inc.(a) | 463,650 | |||||
1,170,914 | |||||||
FOOD - 0.6% | |||||||
16,154 | Kraft Heinz Company (The) | 596,083 | |||||
27,692 | Mondelez International, Inc., A | 1,938,440 | |||||
2,534,523 | |||||||
INDUSTRIAL SUPPORT SERVICES - 0.2% | |||||||
11,834 | Fastenal Company | 912,875 | |||||
INTERNET MEDIA & SERVICES - 11.1% | |||||||
8,740 | Airbnb, Inc., Class A(a) | 1,441,750 | |||||
60,493 | Alphabet, Inc., Class A(a) | 9,130,209 | |||||
59,831 | Alphabet, Inc., Class C(a) | 9,109,868 | |||||
707 | Booking Holdings, Inc. | 2,564,911 | |||||
40,690 | Meta Platforms, Inc., Class A | 19,758,250 | |||||
9,372 | Netflix, Inc.(a) | 5,691,897 | |||||
47,696,885 | |||||||
LEISURE FACILITIES & SERVICES - 0.8% | |||||||
5,229 | Marriott International, Inc., Class A | 1,319,329 | |||||
23,742 | Starbucks Corporation | 2,169,781 | |||||
3,489,110 |
HCM DEFENDER 100 INDEX ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
March 31, 2024 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — 80.5% (Continued) | |||||||
MEDICAL EQUIPMENT & DEVICES - 1.5% | |||||||
1,473 | Align Technology, Inc.(a) | $ 483,026 | |||||
7,886 | DexCom, Inc.(a) | 1,093,788 | |||||
7,714 | GE HealthCare Technologies, Inc. | 701,280 | |||||
1,647 | IDEXX Laboratories, Inc.(a) | 889,265 | |||||
3,727 | Illumina, Inc.(a) | 511,792 | |||||
7,314 | Intuitive Surgical, Inc.(a) | 2,918,944 | |||||
6,598,095 | |||||||
OIL & GAS PRODUCERS - 0.2% | |||||||
3,563 | Diamondback Energy, Inc. | 706,080 | |||||
OIL & GAS SERVICES & EQUIPMENT - 0.1% | |||||||
21,743 | Baker Hughes Company | 728,390 | |||||
RETAIL - CONSUMER STAPLES - 1.8% | |||||||
9,516 | Costco Wholesale Corporation | 6,971,707 | |||||
4,342 | Dollar Tree, Inc.(a) | 578,137 | |||||
15,475 | Walgreens Boots Alliance, Inc. | 335,653 | |||||
7,885,497 | |||||||
RETAIL - DISCRETIONARY - 0.8% | |||||||
2,310 | Lululemon Athletica, Inc.(a) | 902,402 | |||||
1,210 | O'Reilly Automotive, Inc.(a) | 1,365,945 | |||||
6,915 | Ross Stores, Inc. | 1,014,845 | |||||
3,283,192 | |||||||
SEMICONDUCTORS - 15.2% | |||||||
33,273 | Advanced Micro Devices, Inc.(a) | 6,005,444 | |||||
10,329 | Analog Devices, Inc. | 2,042,973 | |||||
16,362 | Applied Materials, Inc. | 3,374,335 | |||||
8,623 | Broadcom, Inc. | 11,429,010 | |||||
1,365 | GLOBALFOUNDRIES, Inc.(a) | 71,130 | |||||
90,234 | Intel Corporation | 3,985,636 | |||||
2,669 | KLA Corporation | 1,864,483 | |||||
2,595 | Lam Research Corporation | 2,521,224 | |||||
16,953 | Marvell Technology, Inc. | 1,201,629 | |||||
11,089 | Microchip Technology, Inc. | 994,794 |
HCM DEFENDER 100 INDEX ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
March 31, 2024 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — 80.5% (Continued) | |||||||
SEMICONDUCTORS - 15.2% (Continued) | |||||||
22,044 | Micron Technology, Inc. | $ 2,598,767 | |||||
21,814 | NVIDIA Corporation | 19,710,258 | |||||
5,348 | NXP Semiconductors N.V. | 1,325,074 | |||||
8,955 | ON Semiconductor Corporation(a) | 658,640 | |||||
22,265 | QUALCOMM, Inc. | 3,769,465 | |||||
18,927 | Texas Instruments, Inc. | 3,297,273 | |||||
64,850,135 | |||||||
SOFTWARE - 17.5% | |||||||
9,423 | Adobe, Inc.(a) | 4,754,845 | |||||
1,693 | ANSYS, Inc.(a) | 587,742 | |||||
3,027 | Atlassian Corporation, Class A(a) | 590,598 | |||||
4,228 | Autodesk, Inc.(a) | 1,101,056 | |||||
5,406 | Cadence Design Systems, Inc.(a) | 1,682,780 | |||||
4,351 | Crowdstrike Holdings, Inc., Class A(a) | 1,394,887 | |||||
4,504 | Datadog, Inc., Class A(a) | 556,694 | |||||
14,066 | Fortinet, Inc.(a) | 960,848 | |||||
5,392 | Intuit, Inc. | 3,504,800 | |||||
127,198 | Microsoft Corporation | 53,514,742 | |||||
1,216 | MongoDB, Inc.(a) | 436,106 | |||||
5,898 | Palo Alto Networks, Inc.(a) | 1,675,799 | |||||
2,113 | Roper Technologies, Inc. | 1,185,055 | |||||
2,924 | Synopsys, Inc.(a) | 1,671,066 | |||||
3,981 | Workday, Inc., Class A(a) | 1,085,818 | |||||
74,702,836 | |||||||
TECHNOLOGY HARDWARE - 11.2% | |||||||
253,378 | Apple, Inc. | 43,449,260 | |||||
90,909 | Cisco Systems, Inc. | 4,537,268 | |||||
47,986,528 | |||||||
TECHNOLOGY SERVICES - 1.6% | |||||||
8,222 | Automatic Data Processing, Inc. | 2,053,363 | |||||
10,735 | Cognizant Technology Solutions Corporation, Class A | 786,768 | |||||
8,064 | CoStar Group, Inc.(a) | 778,982 | |||||
6,454 | Paychex, Inc. | 792,551 | |||||
22,744 | PayPal Holdings, Inc.(a) | 1,523,621 |
HCM DEFENDER 100 INDEX ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
March 31, 2024 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — 80.5% (Continued) | |||||||
TECHNOLOGY SERVICES - 1.6% (Continued) | |||||||
2,988 | Verisk Analytics, Inc. | $ 704,361 | |||||
6,639,646 | |||||||
TELECOMMUNICATIONS - 0.4% | |||||||
10,833 | T-Mobile US, Inc. | 1,768,162 | |||||
TRANSPORTATION & LOGISTICS - 0.6% | |||||||
41,660 | CSX Corporation | 1,544,336 | |||||
3,964 | Old Dominion Freight Line, Inc. | 869,345 | |||||
2,413,681 | |||||||
TRANSPORTATION EQUIPMENT - 0.3% | |||||||
10,466 | PACCAR, Inc. | 1,296,633 | |||||
WHOLESALE - DISCRETIONARY - 0.2% | |||||||
16,748 | Copart, Inc.(a) | 970,044 | |||||
TOTAL COMMON STOCKS (Cost $279,864,552) | 344,228,833 | ||||||
EXCHANGE-TRADED FUND — 19.4% | |||||||
EQUITY - 19.4% | |||||||
1,351,530 | ProShares UltraPro QQQ (Cost $71,261,977) | 83,200,187 | |||||
TOTAL INVESTMENTS – 99.9% (Cost $351,126,529) | $ 427,429,020 | ||||||
OTHER ASSETS LESS LIABILITIES - 0.1% | 474,336 | ||||||
NET ASSETS - 100.0% | $ 427,903,356 | ||||||
ADR | - American Depositary Receipt |
ETF | - Exchange-Traded Fund |
NV | - Naamioze Vennootschap |
PLC | - Public Limited Company |
(a) | Non-income producing security. |