TUTTLE INVERSE CRAMER TRACKER ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) | |||||||
November 30, 2023 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — 61.1% | |||||||
AUTOMOTIVE - 1.9% | |||||||
7,150 | Lucid Group, Inc.(a) | $ 30,173 | |||||
3,867 | NIO, Inc. - ADR(a) | 28,113 | |||||
58,286 | |||||||
BANKING - 2.1% | |||||||
8,182 | NU Holdings Ltd./Cayman Islands(a) | 66,601 | |||||
BEVERAGES - 2.3% | |||||||
1,207 | Brown-Forman Corporation, Class B | 70,899 | |||||
BIOTECH & PHARMA - 7.7% | |||||||
859 | Moderna, Inc.(a) | 66,744 | |||||
1,393 | Novo Nordisk A/S - ADR | 141,863 | |||||
343 | Sarepta Therapeutics, Inc.(a) | 27,879 | |||||
236,486 | |||||||
CHEMICALS - 1.0% | |||||||
245 | Albemarle Corporation | 29,711 | |||||
E-COMMERCE DISCRETIONARY - 4.4% | |||||||
1,820 | Alibaba Group Holding Ltd. - ADR(a) | 136,282 | |||||
HOUSEHOLD PRODUCTS - 4.7% | |||||||
628 | Estee Lauder Companies, Inc. (The), Class A | 80,189 | |||||
3,280 | Kenvue, Inc. | 67,043 | |||||
147,232 | |||||||
INTERNET MEDIA & SERVICES - 2.1% | |||||||
2,983 | Groupon, Inc.(a) | 33,738 | |||||
1,320 | Maplebear, Inc.(a) | 31,931 | |||||
65,669 |
TUTTLE INVERSE CRAMER TRACKER ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
November 30, 2023 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — 61.1% (Continued) | |||||||
LEISURE FACILITIES & SERVICES - 1.1% | |||||||
1,036 | Cava Group, Inc.(a) | $ 35,234 | |||||
METALS & MINING - 4.2% | |||||||
4,952 | Alcoa Corporation | 133,011 | |||||
RENEWABLE ENERGY - 3.8% | |||||||
6,893 | Cleanspark, Inc.(a) | 43,013 | |||||
415 | Enphase Energy, Inc.(a) | 41,923 | |||||
409 | SolarEdge Technologies, Inc.(a) | 32,466 | |||||
117,402 | |||||||
SEMICONDUCTORS - 0.9% | |||||||
1,244 | Aehr Test Systems(a) | 28,563 | |||||
SOFTWARE - 11.5% | |||||||
745 | BILL Holdings, Inc.(a) | 48,775 | |||||
1,070 | C3.ai, Inc.(a) | 31,158 | |||||
3,288 | DocuSign, Inc.(a) | 141,713 | |||||
1,444 | Fortinet, Inc.(a) | 75,897 | |||||
2,146 | IonQ, Inc.(a) | 26,246 | |||||
1,266 | Upstart Holdings, Inc.(a) | 33,878 | |||||
357,667 | |||||||
TECHNOLOGY SERVICES - 6.3% | |||||||
2,288 | PayPal Holdings, Inc.(a) | 131,812 | |||||
2,400 | Riot Blockchain, Inc.(a) | 30,120 | |||||
2,127 | Toast, Inc., Class A(a) | 31,628 | |||||
193,560 | |||||||
TRANSPORTATION & LOGISTICS - 7.1% | |||||||
6,038 | American Airlines Group, Inc.(a) | 75,052 | |||||
954 | United Parcel Service, Inc., B | 144,636 | |||||
219,688 | |||||||
TOTAL COMMON STOCKS (Cost $1,949,451) | 1,896,291 | ||||||
TUTTLE INVERSE CRAMER TRACKER ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
November 30, 2023 | |||||||
Shares | Fair Value | ||||||
EXCHANGE-TRADED FUNDS — 4.4% | |||||||
COMMODITY - 4.4% | |||||||
1,958 | United States Oil Fund, L.P.(a) (Cost $142,337) | $ 137,334 | |||||
RIGHT — 0.0%(b) | |||||||
INTERNET MEDIA & SERVICES - 0.0% (b) | |||||||
2,983 | Groupon, Inc. (Cost $0) | 7 | |||||
TOTAL INVESTMENTS – 65.5% (Cost $2,091,788) | $ 2,033,632 | ||||||
OTHER ASSETS IN EXCESS OF LIABILITIES – 34.5% | 1,067,917 | ||||||
NET ASSETS - 100.0% | $ 3,101,549 | ||||||
TUTTLE INVERSE CRAMER TRACKER ETF | |||||||
SCHEDULE OF SECURITIES SOLD SHORT (Unaudited) | |||||||
November 30, 2023 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — (86.4)% | |||||||
APPAREL & TEXTILE PRODUCTS - (4.8)% | |||||||
(5,117) | On Holding A.G. | $ (148,444) | |||||
AUTOMOTIVE - (3.0)% | |||||||
(380) | Tesla, Inc. | $ (91,230) | |||||
BANKING - (9.5)% | |||||||
(3,752) | US Bancorp | (143,026) | |||||
(3,415) | Wells Fargo & Company | (152,275) | |||||
(295,301) | |||||||
E-COMMERCE DISCRETIONARY - (4.6)% | |||||||
(972) | Amazon.com, Inc. | (141,999) | |||||
ELECTRIC UTILITIES - (2.9)% | |||||||
(5,200) | PG&E Corporation | (89,284) | |||||
HOME CONSTRUCTION - (4.3)% | |||||||
(1,050) | Lennar Corporation, Class A | (134,316) | |||||
INTERNET MEDIA & SERVICES - (17.4)% | |||||||
(1,359) | DoorDash, Inc., Class A | (127,719) | |||||
(413) | Meta Platforms, Inc., Class A | (135,113) | |||||
(303) | Netflix, Inc. | (143,613) | |||||
(2,363) | Uber Technologies, Inc. | (133,226) | |||||
(539,671) | |||||||
LEISURE FACILITIES & SERVICES - (9.3)% | |||||||
(68) | Chipotle Mexican Grill, Inc. | (149,753) | |||||
(3,681) | DraftKings, Inc., Class A | (140,761) | |||||
(290,514) | |||||||
RETAIL - CONSUMER STAPLES - (4.7)% | |||||||
(1,093) | Target Corporation | (146,254) | |||||
RETAIL - DISCRETIONARY - (3.2)% | |||||||
(6,250) | Macy's, Inc. | (99,125) | |||||
TUTTLE INVERSE CRAMER TRACKER ETF | |||||||
SCHEDULE OF SECURITIES SOLD SHORT (Unaudited) (Continued) | |||||||
November 30, 2023 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — (86.4)% (Continued) | |||||||
SEMICONDUCTORS - (4.3)% | |||||||
(287) | NVIDIA Corporation | $ (134,230) | |||||
SOFTWARE - (14.2)% | |||||||
(266) | Crowdstrike Holdings, Inc., Class A | (63,039) | |||||
(397) | Microsoft Corporation | (150,427) | |||||
(638) | Salesforce, Inc. | (160,713) | |||||
(356) | Snowflake, Inc. | (66,814) | |||||
(440,993) | |||||||
TECHNOLOGY HARDWARE - (4.2)% | |||||||
(682) | Apple, Inc. | (129,546) | |||||
TOTAL SECURITIES SOLD SHORT - (Proceeds - $2,470,574) | (2,680,907) | ||||||
ADR | - American Depositary Receipt |
A/S | - Anonim Sirketi |
ETF | - Exchange-Traded Fund |
LP | - Limited Partnership |
LTD | - Limited Company |
(a) | Non-income producing security. |
(b) | Less than 0.005% |