Roundhill Magnificent Seven ETF | ||||||||
Schedule of Investments | ||||||||
September 30, 2023 (Unaudited) | ||||||||
Shares | Value | |||||||
COMMON STOCKS — 20.8% | ||||||||
Auto Manufacturers — 5.8% | ||||||||
Tesla, Inc. (a) | 962 | $ | 240,712 | |||||
Computers — 3.3% | ||||||||
Apple, Inc. | 812 | 139,023 | ||||||
Internet — 3.0% | ||||||||
Alphabet, Inc. - Class A (a) | 289 | 37,819 | ||||||
Amazon.com, Inc. (a) | 622 | 79,069 | ||||||
Meta Platforms, Inc. - Class A (a) | 31 | 9,306 | ||||||
126,194 | ||||||||
Semiconductors — 5.7% | ||||||||
NVIDIA Corp. | 550 | 239,244 | ||||||
Software — 3.0% | ||||||||
Microsoft Corp. | 391 | 123,458 | ||||||
TOTAL COMMON STOCKS (Cost $852,110) | 868,631 | |||||||
SHORT-TERM INVESTMENTS - 71.7% | ||||||||
Money Market Fund — 16.2% | ||||||||
First American Government Obligations Fund, Class X, 5.26% (b) | 672,552 | 672,552 | ||||||
Total Money Market Fund (Cost $672,552) | 672,552 | |||||||
U.S. Treasury Bills — 55.5% | ||||||||
5.41%, 10/03/2023 (c)(d) | 2,313,000 | 2,312,323 | ||||||
Total U.S. Treasury Bills (Cost $2,312,323) | 2,312,323 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $2,984,875) | 2,984,875 | |||||||
TOTAL INVESTMENTS (Cost $3,836,985) — 92.5% | 3,853,506 | |||||||
Other assets and liabilities, net — 7.5% | 310,877 | |||||||
NET ASSETS — 100.0% | $ | 4,164,383 |
(a) | Non-income producing security. | ||||||||
(b) | The rate shown is the seven day yield at period end. | ||||||||
(c) | The rate shown is the effective yield as of September 30, 2023. | ||||||||
(d) | Held as collateral for total return swaps. |
Percentages are stated as a percent of net assets. |
Percentage of Net Assets | |||||||||
COMMON STOCKS | 20.8% | ||||||||
SHORT-TERM INVESTMENTS | 71.7% | ||||||||
TOTAL INVESTMENTS | 92.5% | ||||||||
Other assets and liabilities, net | 7.5% | ||||||||
NET ASSETS | 100.0% | ||||||||
Roundhill Magnificent Seven ETF | |||||||||||||||||
Schedule of Total Return Swaps | |||||||||||||||||
September 30, 2023 (Unaudited) | |||||||||||||||||
Long Total Return Equity Swaps | Fund Pays/Receives Reference Entity | Counterparty | Payment Frequency | Financing Rate | Expiration Date | Upfront Premiums Paid/Received | Notional Amount | Value/Unrealized Appreciation (Depreciation) | |||||||||
Alphabet, Inc. - Class A Swap | Receives | Nomura Securities International, Inc. | At Maturity | Overnight Bank Funding Rate Index + 0.50% | April 2, 2024 | $ | - | $ | 491,351 | $ | 56,690 | ||||||
Amazon.com, Inc. Swap | Receives | Nomura Securities International, Inc. | At Maturity | Overnight Bank Funding Rate Index + 0.50% | April 2, 2024 | - | 463,028 | 55,622 | |||||||||
Apple, Inc. Swap | Receives | Nomura Securities International, Inc. | At Maturity | Overnight Bank Funding Rate Index + 0.50% | April 2, 2024 | - | 458,117 | (3,041 | ) | ||||||||
Meta Platforms, Inc. - Class A Swap | Receives | Nomura Securities International, Inc. | At Maturity | Overnight Bank Funding Rate Index + 0.50% | April 2, 2024 | - | 466,012 | 109,791 | |||||||||
Microsoft Corp. Swap | Receives | Nomura Securities International, Inc. | At Maturity | Overnight Bank Funding Rate Index + 0.50% | April 2, 2024 | - | 464,993 | 8,001 | |||||||||
NVIDIA Corp. Swap | Receives | Nomura Securities International, Inc. | At Maturity | Overnight Bank Funding Rate Index | April 2, 2024 | - | 358,887 | - | |||||||||
Tesla, Inc. Swap | Receives | Nomura Securities International, Inc. | At Maturity | Overnight Bank Funding Rate Index | April 2, 2024 | - | 360,853 | - | |||||||||
$ | - | $ | 3,063,241 | $ | 227,063 | ||||||||||||
Fair Value Measurements | |||||||||
Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels. | |||||||||
Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs | |||||||||
(including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant | |||||||||
unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The level assigned to the | |||||||||
securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. | |||||||||
The Fund did not hold any investments during the period with significant unobservable inputs which would be classified as Level 3. | |||||||||
The following is a summary of the inputs used to value the Fund’s investments carried at fair value as of September 30, 2023: |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investments - Assets: | ||||||||||||||||
Common Stocks* | $ | 868,631 | $ | - | $ | - | $ | 868,631 | ||||||||
Money Market Fund | 672,552 | - | - | 672,552 | ||||||||||||
U.S. Treasury Bills | - | 2,312,323 | - | 2,312,323 | ||||||||||||
Total Investments - Assets | $ | 1,541,183 | $ | 2,312,323 | $ | - | $ | 3,853,506 | ||||||||
Swap Contracts^ | ||||||||||||||||
Long Total Return Equity Swap Contracts | $ | 227,063 | $ | - | $ | - | $ | 227,063 | ||||||||
Total Swap Contracts | $ | 227,063 | $ | - | $ | - | $ | 227,063 | ||||||||
* See the Schedule of Investments for industry classifications. | ||||||||
^ Swap contracts are derivative instruments, which are presented at the unrealized appreciation/depreciation on the instrument. | ||||||||