WBI BullBear Quality 3000 ETF
Schedule of Investments
March 31, 2022 (Unaudited)
Shares | Security Description | Value | ||||||
COMMON STOCKS - 99.2% | ||||||||
Capital Goods - 14.8% | ||||||||
5,937 | Crane Co. | $ | 642,858 | |||||
18,793 | Emerson Electric Co. | 1,842,654 | ||||||
3,631 | W.W. Grainger, Inc. | 1,872,834 | ||||||
5,682 | Watsco, Inc. + | 1,730,964 | ||||||
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6,089,310 | ||||||||
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Energy - 17.1% | ||||||||
4,978 | Chevron Corp. | 810,568 | ||||||
13,339 | Devon Energy Corp. | 788,735 | ||||||
5,859 | Diamondback Energy, Inc. | 803,152 | ||||||
16,603 | EOG Resources, Inc. | 1,979,576 | ||||||
56,215 | Kinder Morgan, Inc. | 1,063,025 | ||||||
2,409 | Pioneer Natural Resources Co. + | 602,322 | ||||||
24,191 | Schlumberger, Ltd. (a) | 999,330 | ||||||
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7,046,708 | ||||||||
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Food & Staples Retailing - 4.8% | ||||||||
3,423 | Costco Wholesale Corp. | 1,971,134 | ||||||
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Food, Beverage & Tobacco - 4.8% | ||||||||
31,656 | The Coca-Cola Co. | 1,962,672 | ||||||
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Health Care Equipment & Services - 8.2% | ||||||||
3,542 | Anthem, Inc. | 1,739,901 | ||||||
3,213 | UnitedHealth Group, Inc. + | 1,638,534 | ||||||
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3,378,435 | ||||||||
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Household & Personal Products - 1.9% | ||||||||
4,997 | Procter & Gamble Co. | 763,542 | ||||||
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Insurance - 12.5% | ||||||||
5,782 | Aon PLC - ADR(a) | 1,882,793 | ||||||
7,712 | Chubb, Ltd. - ADR(a) | 1,649,597 | ||||||
62,691 | Old Republic International Corp. | 1,621,816 | ||||||
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5,154,206 | ||||||||
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Media & Entertainment - 4.9% | ||||||||
23,708 | Omnicom Group, Inc. + | 2,012,335 | ||||||
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Pharmaceuticals, Biotechnology & Life Sciences - 7.2% | ||||||||
7,770 | AbbVie, Inc. | 1,259,595 | ||||||
9,650 | Johnson & Johnson | 1,710,269 | ||||||
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2,969,864 | ||||||||
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Retailing - 3.7% | ||||||||
7,185 | Target Corp. | 1,524,801 | ||||||
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Semiconductors & Semiconductor Equipment - 4.3% | ||||||||
2,823 | Broadcom, Inc. | 1,777,587 | ||||||
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Software & Services - 2.1% | ||||||||
6,396 | Global Payments, Inc. | 875,229 | ||||||
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Technology Hardware & Equipment - 8.8% | ||||||||
11,142 | Apple, Inc. | 1,945,505 | ||||||
29,577 | Cisco Systems, Inc. | 1,649,213 | ||||||
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3,594,718 | ||||||||
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Transportation - 4.1% | ||||||||
7,901 | United Parcel Service, Inc. - Class B | 1,694,448 | ||||||
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TOTAL COMMON STOCKS (Cost $39,755,148) | 40,814,989 | |||||||
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Shares/Amount | Security Description | Value | ||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 14.4% | ||||||||
5,908,614 | Mount Vernon Liquid Assets Portfolio, LLC, 0.39%(b)(c) | 5,908,614 | ||||||
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TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $5,908,614) | 5,908,614 | |||||||
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TOTAL INVESTMENTS - 113.6% (Cost $45,663,762) | 46,723,603 | |||||||
Liabilities in Excess of Other Assets - (13.6)% | (5,584,062 | ) | ||||||
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NET ASSETS - 100.0% | $ | 41,139,541 | ||||||
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ADR | American Depository Receipt |
PLC | Public Limited Company |
+ | All or portion of this security is on loan as of March 31, 2022. Total value of securities on loan is $5,684,307. |
(a) | Foreign issued security. Foreign concentration is as follows: United Kingdom: 4.58%, Switzerland: 4.01% and Curacao: 2.43%. |
(b) | The rate quoted is the annualized seven-day yield as of March 31, 2022. |
(c) | Privately offered liquidity fund. |
The accompanying notes are an integral part of these schedules of investments.