Trimtabs Etf Trust (TTAI) NPORT-P Donoghue Forlines Yield Enhanced Real Asset ETF (Oct 2024 report)

Abacus FCF Real Assets Leaders ETF (formerly, Donoghue Forlines Yield Enhanced Real Asset ETF)
Schedule of Investments
October 31, 2024 (Unaudited)
COMMON STOCKS - 73.9%	Shares		Value
Consumer Discretionary - 3.0%
Ferguson Enterprises, Inc.		1,142	$	224,677
Pool Corp.		504		182,266
Scotts Miracle-Gro Co. (a)		4,002		348,094
				755,037
Consumer Staples - 5.2%
Andersons, Inc.		3,691		167,572
Archer-Daniels-Midland Co.		6,728		371,453
Bunge Global SA		1,568		131,743
Cal-Maine Foods, Inc. (a)		3,473		304,860
Ingredion, Inc.		2,595		344,512
				1,320,140
Energy - 29.6%(b)
BP PLC - ADR		16,972		498,298
Chevron Corp. (a)		4,394		653,915
ConocoPhillips		2,375		260,158
Crescent Energy Co. - Class A		14,677		182,435
Devon Energy Corp.		7,904		305,727
Diamondback Energy, Inc.		2,199		388,717
Ecopetrol SA - ADR (a)		21,850		168,245
Eni SpA - ADR (a)		7,629		232,150
Exxon Mobil Corp.		6,526		762,106
Kinder Morgan, Inc.		23,147		567,333
Marathon Oil Corp.		11,426		316,500
Murphy Oil Corp.		7,166		225,586
ONEOK, Inc.		2,464		238,712
Petroleo Brasileiro SA - ADR		36,388		489,419
Petroleo Brasileiro SA - ADR		35,733		442,017
Shell PLC - ADR (a)		10,044		678,472
TotalEnergies SE - ADR (a)		8,953		560,100
Williams Cos., Inc.		10,972		574,604
				7,544,494
Industrials - 20.2%
3M Co.		4,896		628,989
A.O. Smith Corp.		1,688		126,769
ABB Ltd. - ADR		4,889		270,997
AGCO Corp. (a)		1,476		147,364
Cummins, Inc.		794		261,210
Donaldson Co., Inc.		4,224		309,028
Fastenal Co.		6,557		512,626
Honeywell International, Inc.		2,578		530,243
Illinois Tool Works, Inc.		974		254,341
Kennametal, Inc.		8,282		209,700
Lincoln Electric Holdings, Inc.		1,573		302,897
MSC Industrial Direct Co., Inc. - Class A		3,334		263,620
Rockwell Automation, Inc.		744		198,432
RTX Corp.		2,563		310,097
Siemens AG - ADR		2,687		260,827
Watsco, Inc. (a)		814		385,030
Worthington Enterprises, Inc.		4,789		183,419
				5,155,589
Materials - 15.4%
BHP Group Ltd. - ADR (a)		12,199		676,556
CRH PLC		2,520		240,484
LyondellBasell Industries NV - Class A		4,492		390,130
NewMarket Corp. (a)		510		267,735
Olin Corp.		5,930		243,308
Owens Corning		1,002		177,144
PPG Industries, Inc.		2,799		348,503
Rio Tinto PLC - ADR		3,483		226,012
RPM International, Inc. (a)		3,239		411,709
Sylvamo Corp.		3,433		291,874
Ternium SA - ADR		4,591		156,599
Vale SA - ADR		19,912		213,058
WD-40 Co. (a)		1,026		268,884
				3,911,996
Utilities - 0.5%
Southwest Gas Holdings, Inc.		1,800		131,850
TOTAL COMMON STOCKS (Cost $18,568,425)				18,819,106
REAL ESTATE INVESTMENT TRUSTS - 16.9%
Real Estate - 16.9%
CubeSmart		7,441		355,977
EastGroup Properties, Inc.		1,574		269,595
Equity LifeStyle Properties, Inc. (a)		5,130		359,716
Equity Residential		5,328		374,931
First Industrial Realty Trust, Inc.		2,615		137,261
Gaming and Leisure Properties, Inc.		7,823		392,636
Innovative Industrial Properties, Inc.		2,074		267,940
Lamar Advertising Co. - Class A		2,913		384,516
National Health Investors, Inc.		3,290		252,179
Public Storage		1,617		532,090
Simon Property Group, Inc.		3,298		557,758
VICI Properties, Inc.		13,138		417,263
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $3,952,372)				4,301,862
MASTER LIMITED PARTNERSHIPS - 8.5%
Energy - 8.5%
Energy Transfer LP		32,473		535,155
EnLink Midstream LLC		22,968		340,845
MPLX LP		12,062		535,794
Plains All American Pipeline LP		20,347		331,046
Plains GP Holdings LP - Class A		14,673		252,375
Western Midstream Partners LP		3,994		150,694
TOTAL MASTER LIMITED PARTNERSHIPS (Cost $1,863,587)				2,145,909
SHORT-TERM INVESTMENTS - 18.4%
Investments Purchased with Proceeds from Securities Lending - 18.4%
Mount Vernon Liquid Assets Portfolio, LLC, 5.00% (c)		4,675,996		4,675,996
TOTAL SHORT-TERM INVESTMENTS (Cost $4,675,996)				4,675,996
TOTAL INVESTMENTS - 117.7% (Cost $29,060,380)				29,942,873
Money Market Deposit Account - 0.4% (d)				112,976
Liabilities in Excess of Other Assets - (18.1)%				(4,596,897	)
TOTAL NET ASSETS - 100.0%			$	25,458,952
two				–	%
Percentages are stated as a percent of net assets.				–	%

ADR - American Depositary Receipt

AG - Aktiengesellschaft

NV - Naamloze Vennootschap

PLC - Public Limited Company

SA - Sociedad Anónima

SE - Societas Europeae

SpA - Societa per Azioni

(a)	All or a portion of this security is on loan as of October 31, 2024. The total market value of these securities was $4,566,805 which represented 17.9% of net assets.
(b)	To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(c)	The rate shown represents the 7-day annualized effective yield as of October 31, 2024.
(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.45%. For Fund compliance purposes, the Fund’s sector classifications refers to any one or more of the sector classifications used by one or more widely recognized market indexes or ratings group indexes, and/or they may be defined by Fund management.  This definition does not apply for all purposes of this report, which may combine classifications for reporting ease.

Summary of Fair Value Disclosure as of October 31, 2024 (Unaudited)

Abacus FCF Real Assets Leaders ETF (formerly, Donoghue Forlines Yield Enhanced Real Asset 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:

	Level 1		Level 2		Level 3		Total
Investments:
Common Stocks	$	18,819,106	$	–	$	–	$	18,819,106
Real Estate Investment Trusts		4,301,862		–		–		4,301,862
Master Limited Partnerships		2,145,909		–		–		2,145,909
Investments Purchased with Proceeds from Securities Lending (a)		–		–		–		4,675,996
Total Investments	$	25,266,877	$	–	$	–	$	29,942,873
Refer to the Schedule of Investments for further disaggregation of investment categories.

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount of $4,675,996 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.