| | |
| STRIVE NATURAL RESOURCES AND SECURITY ETF |
| SCHEDULE OF INVESTMENTS |
| October 31, 2024 (Unaudited) |
| | | | | | | | | | | | | | |
| COMMON STOCKS - 99.5% |
| Shares |
| Value |
| Aerospace & Defense - 20.4% | | | |
|
Boeing Co. (a) |
| 3,549 | |
| $ | 529,901 | |
| BWX Technologies, Inc. |
| 4,867 | |
| 592,557 | |
| General Dynamics Corp. |
| 1,400 | |
| 408,254 | |
| General Electric Co. |
| 6,063 | |
| 1,041,502 | |
| HEICO Corp. |
| 231 |
| 56,583 | |
| HEICO Corp. - Class A |
| 421 |
| 80,836 | |
| Howmet Aerospace, Inc. |
| 2,358 | |
| 235,140 | |
| L3Harris Technologies, Inc. |
| 1,101 | |
| 272,465 | |
| Lockheed Martin Corp. |
| 1,375 | |
| 750,819 | |
| Northrop Grumman Corp. |
| 760 |
| 386,855 | |
| RTX Corp. |
| 7,710 | |
| 932,833 | |
| TransDigm Group, Inc. |
| 305 |
| 397,202 | |
|
|
|
| 5,684,947 | |
|
|
|
|
|
| Agricultural & Farm Machinery - 10.2% | | | |
|
| CNH Industrial NV |
| 19,125 | |
| 214,773 | |
| Deere & Co. |
| 5,997 | |
| 2,426,926 | |
| Toro Co. |
| 2,435 | |
| 195,969 | |
|
|
|
| 2,837,668 | |
|
|
|
|
|
| Agricultural Products & Services - 1.2% | | | |
|
Darling Ingredients, Inc. (a) |
| 3,722 | |
| 145,567 | |
| Ingredion, Inc. |
| 1,537 | |
| 204,052 | |
|
|
|
| 349,619 | |
|
|
|
|
|
| Coal & Consumable Fuels - 6.4% | | | |
|
| Cameco Corp. |
| 22,997 | |
| 1,201,754 | |
Centrus Energy Corp. - Class A (a) |
| 736 |
| 76,404 | |
Denison Mines Corp. (a) |
| 47,485 | |
| 99,925 | |
Energy Fuels, Inc. (a) |
| 8,337 | |
| 50,357 | |
NexGen Energy Ltd. (a) |
| 27,769 | |
| 204,226 | |
Uranium Energy Corp. (a) |
| 21,444 | |
| 159,115 | |
|
|
|
| 1,791,781 | |
|
|
|
|
|
| Copper - 4.7% | | | |
|
First Quantum Minerals Ltd. (a) |
| 12,562 | |
| 162,309 | |
| Freeport-McMoRan, Inc. |
| 25,610 | |
| 1,152,962 | |
|
|
|
| 1,315,271 | |
|
|
|
|
|
| Diversified Metals & Mining - 0.6% | | | |
|
Ivanhoe Mines Ltd. - Class A (a) |
| 12,822 | |
| 169,536 | |
|
|
|
|
|
| | |
| STRIVE NATURAL RESOURCES AND SECURITY ETF |
| SCHEDULE OF INVESTMENTS (CONTINUED) |
| October 31, 2024 (Unaudited) |
| | | | | | | | | | | | | | |
| COMMON STOCKS - 99.5% (CONTINUED) |
| Shares |
| Value |
| Electric Utilities - 15.8% | | | |
|
| Constellation Energy Corp. |
| 16,753 | |
| $ | 4,405,369 | |
|
|
|
|
|
| Fertilizers & Agricultural Chemicals - 8.1% | | | |
|
| CF Industries Holdings, Inc. |
| 4,276 | |
| 351,616 | |
| Corteva, Inc. |
| 15,957 | |
| 972,100 | |
| FMC Corp. |
| 2,917 | |
| 189,576 | |
| Mosaic Co. |
| 7,529 | |
| 201,476 | |
| Nutrien Ltd. |
| 11,530 | |
| 549,773 | |
|
|
|
| 2,264,541 | |
|
|
|
|
|
| Gold - 13.1% | | | |
|
| Agnico Eagle Mines Ltd. |
| 8,578 | |
| 740,406 | |
| Barrick Gold Corp. |
| 31,058 | |
| 600,259 | |
| Franco-Nevada Corp. |
| 3,443 | |
| 457,023 | |
| Kinross Gold Corp. |
| 22,095 | |
| 222,957 | |
| Newmont Corp. |
| 20,644 | |
| 938,063 | |
| Royal Gold, Inc. |
| 1,181 | |
| 172,497 | |
| Wheaton Precious Metals Corp. |
| 8,046 | |
| 531,353 | |
|
|
|
| 3,662,558 | |
|
|
|
|
|
| Heavy Electrical Equipment - 0.3% | | | |
|
NuScale Power Corp. (a) |
| 3,744 | |
| 71,660 | |
|
|
|
|
|
| Integrated Oil & Gas - 10.7% | | | |
|
| Chevron Corp. |
| 6,582 | |
| 979,533 | |
| Exxon Mobil Corp. |
| 17,197 | |
| 2,008,266 | |
|
|
|
| 2,987,799 | |
|
|
|
|
|
| Oil & Gas Equipment & Services - 0.8% | | | |
|
| Schlumberger NV |
| 5,447 | |
| 218,261 | |
|
|
|
|
|
| Oil & Gas Exploration & Production - 3.7% | | | |
|
| Canadian Natural Resources Ltd. |
| 8,020 | |
| 272,738 | |
| ConocoPhillips |
| 4,503 | |
| 493,259 | |
| EOG Resources, Inc. |
| 2,197 | |
| 267,946 | |
|
|
|
| 1,033,943 | |
|
|
|
|
|
| Oil & Gas Refining & Marketing - 1.4% | | | |
|
| Marathon Petroleum Corp. |
| 1,323 | |
| 192,457 | |
| Phillips 66 |
| 1,647 | |
| 200,637 | |
|
|
|
| 393,094 | |
|
|
|
|
|
| | |
| STRIVE NATURAL RESOURCES AND SECURITY ETF |
| SCHEDULE OF INVESTMENTS (CONTINUED) |
| October 31, 2024 (Unaudited) |
| | | | | | | | | | | | | | |
| COMMON STOCKS - 99.5% (CONTINUED) |
| Shares |
| Value |
| Oil & Gas Storage & Transportation - 2.1% | | | |
|
| Enbridge, Inc. |
| 8,378 | |
| $ | 338,406 | |
| Williams Cos., Inc. |
| 4,682 | |
| 245,196 | |
|
|
|
| 583,602 | |
TOTAL COMMON STOCKS (Cost $26,297,343) | | |
| 27,769,649 | |
|
|
|
|
|
| SHORT-TERM INVESTMENTS - 0.5% | |
|
|
|
| Money Market Funds - 0.5% |
| |
| |
First American Government Obligations Fund - Class X, 4.78% (b) |
| 135,349 | |
| 135,349 | |
TOTAL SHORT-TERM INVESTMENTS (Cost $135,349) | | |
| 135,349 | |
|
|
|
|
|
TOTAL INVESTMENTS - 100.0% (Cost $26,432,692) | | |
| $ | 27,904,998 | |
Other Assets in Excess of Liabilities - 0.0% (c) | | |
| 2,052 | |
| TOTAL NET ASSETS - 100.0% |
| |
| $ | 27,907,050 | |
Percentages are stated as a percent of net assets.
NV - Naamloze Vennootschap
| | | | | | | | |
| (a) |
| Non-income producing security. |
| (b) |
| The rate shown represents the 7-day annualized effective yield as of October 31, 2024. |
| (c) |
| Represents less than 0.05% of net assets. |
The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor’s Financial Services LLC (“S&P”). GICS is a service mark of MSCI, Inc. and S&P and has been licensed for use by U.S. Bank Global Fund Services.
STRIVE NATURAL RESOURCES AND SECURITY ETF
Strive Natural Resources and Security ETF has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of October 31, 2024:
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| DESCRIPTION | | LEVEL 1 | | LEVEL 2 | | LEVEL 3 | | TOTAL |
| Assets |
| Common Stocks | | $ | 27,769,649 | | | $ | — | | | $ | — | | | $ | 27,769,649 | |
| Money Market Funds | | 135,349 | | | — | | | — | | | 135,349 | |
| Total Investments in Securities | | $ | 27,904,998 | | | $ | — | | | $ | — | | | $ | 27,904,998 | |
Refer to the Schedule of Investments for additional information.
During the fiscal period ended October 31, 2024, the Strive Natural Resources and Security ETF did not invest in any Level 3 investments and recognized no transfers to/from Level 3. Transfers between levels are recognized at the end of the reporting period.
