Roundhill Alerian LNG ETF | ||||||||
Schedule of Investments | ||||||||
September 30, 2023 (Unaudited) | ||||||||
Shares | Value | |||||||
COMMON STOCKS — 98.4% | ||||||||
Electric — 7.4% | ||||||||
Dominion Energy, Inc. | 207 | $ | 9,247 | |||||
Sempra | 207 | 14,082 | ||||||
Tokyo Electric Power Co. Holdings, Inc. (a)(b) | 7,200 | 32,269 | ||||||
55,598 | ||||||||
Gas — 5.3% | ||||||||
ENN Energy Holdings, Ltd. (b) | 4,200 | 34,858 | ||||||
Korea Gas Corp. (a)(b) | 261 | 4,623 | ||||||
39,481 | ||||||||
Oil & Gas — 38.8% (d) | ||||||||
Chevron Corp. | 87 | 14,670 | ||||||
Exxon Mobil Corp. | 129 | 15,168 | ||||||
Kunlun Energy Co., Ltd. (b) | 18,000 | 15,514 | ||||||
Santos, Ltd. (b) | 21,396 | 109,091 | ||||||
Shell PLC (b) | 462 | 14,921 | ||||||
Tellurian, Inc. (a) | 4,086 | 4,740 | ||||||
TotalEnergies SE (b) | 228 | 15,041 | ||||||
Woodside Energy Group, Ltd. (b) | 4,284 | 100,891 | ||||||
290,036 | ||||||||
Pipelines — 35.3% (d) | ||||||||
Cheniere Energy, Inc. | 747 | 123,972 | ||||||
Enbridge, Inc. (b) | 441 | 14,694 | ||||||
Excelerate Energy, Inc. - Class A | 639 | 10,888 | ||||||
Golar LNG, Ltd. (b) | 1,326 | 32,169 | ||||||
Kinder Morgan, Inc. | 486 | 8,058 | ||||||
Koninklijke Vopak NV (b) | 321 | 11,018 | ||||||
New Fortress Energy, Inc. | 954 | 31,272 | ||||||
NextDecade Corp. (a) | 3,300 | 16,896 | ||||||
Petronas Gas Bhd. (b) | 4,194 | 15,042 | ||||||
264,009 | ||||||||
Transportation — 11.6% | ||||||||
Cool Co., Ltd. (b) | 441 | 6,047 | ||||||
FLEX LNG, Ltd. (b) | 687 | 20,720 | ||||||
Korea Line Corp. (a)(b) | 252 | 332 | ||||||
Misc Bhd. (b) | 7,914 | 11,934 | ||||||
Mitsui O.S.K. Lines, Ltd. (b) | 600 | 16,525 | ||||||
Qatar Gas Transport Co., Ltd. (b) | 30,411 | 31,079 | ||||||
86,637 | ||||||||
TOTAL COMMON STOCKS (Cost $741,197) | 735,761 | |||||||
SHORT-TERM INVESTMENTS - 11.2% | ||||||||
Money Market Fund — 11.2% | ||||||||
First American Government Obligations Fund, Class X, 5.26% (c) | 83,737 | 83,737 | ||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $83,737) | 83,737 | |||||||
TOTAL INVESTMENTS (Cost $824,934) — 109.6% | 819,498 | |||||||
Other assets and liabilities, net — (9.6)% | (72,057 | ) | ||||||
NET ASSETS — 100.0% | $ | 747,441 |
PLC | Public Limited Company | |||||||
(a) | Non-income producing security. | |||||||
(b) | Foreign issued security, or represents a foreign issued security. | |||||||
(c) | The rate shown is the seven day yield at period end. | |||||||
(d) | To the extent the Fund invests more heavily in particular sectors of the economy, its performance will be especially sensitive to developments that significantly affect those sectors. | |||||||
Percentages are stated as a percent of net assets. | ||||||||
COUNTRY | Percentage of Net Assets | |||||||
United States | 33.3% | |||||||
Australia | 28.1% | |||||||
Bermuda | 9.9% | |||||||
Japan | 6.5% | |||||||
Cayman Islands | 4.7% | |||||||
Qatar | 4.1% | |||||||
Malaysia | 3.6% | |||||||
France | 2.0% | |||||||
United Kingdom | 2.0% | |||||||
Canada | 2.0% | |||||||
Netherlands | 1.5% | |||||||
Republic of Korea | 0.7% | |||||||
Total Country | 98.4% | |||||||
SHORT-TERM INVESTMENTS | 11.2% | |||||||
TOTAL INVESTMENTS | 109.6% | |||||||
Other assets and liabilities, net | -9.6% | |||||||
NET ASSETS | 100.0% |
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* | $ | 735,761 | $ | - | $ | - | $ | 735,761 | ||||||||
Money Market Fund | 83,737 | - | - | 83,737 | ||||||||||||
Total Investments - Assets | $ | 819,498 | $ | - | $ | - | $ | 819,498 | ||||||||
* See the Schedule of Investments for industry classifications. |