Roundhill Ball Metaverse ETF | ||||||||
Schedule of Investments | ||||||||
September 30, 2023 (Unaudited) | ||||||||
Shares | Value | |||||||
COMMON STOCKS — 99.0% | ||||||||
Apparel — 0.6% | ||||||||
NIKE, Inc. - Class B | 27,150 | $ | 2,596,083 | |||||
Commercial Services — 0.3% | ||||||||
Block, Inc. (a) | 10,898 | 482,346 | ||||||
PayPal Holdings, Inc. (a) | 9,496 | 555,136 | ||||||
1,037,482 | ||||||||
Computers — 7.9% | ||||||||
Apple, Inc. | 190,146 | 32,554,897 | ||||||
Diversified Financial Services — 0.7% | ||||||||
Coinbase Global, Inc. - Class A (a)(e) | 36,458 | 2,737,267 | ||||||
Home Furnishings — 3.6% | ||||||||
Sony Group Corp. (b) | 180,400 | 14,797,092 | ||||||
Internet — 25.9% (d) | ||||||||
Alibaba Group Holding, Ltd. (a)(b) | 572,400 | 6,256,177 | ||||||
Alphabet, Inc. - Class A (a) | 101,134 | 13,234,395 | ||||||
Amazon.com, Inc. (a) | 97,709 | 12,420,768 | ||||||
Baidu, Inc. - ADR (a)(b)(e) | 83,900 | 11,271,965 | ||||||
Meta Platforms, Inc. - Class A (a) | 80,611 | 24,200,228 | ||||||
NAVER Corp. (b) | 36,766 | 5,490,106 | ||||||
Sea, Ltd. - ADR (a)(b)(e) | 214,218 | 9,414,881 | ||||||
Snap, Inc. - Class A (a)(e) | 1,165,244 | 10,382,324 | ||||||
Tencent Holdings, Ltd. (b) | 357,900 | 13,992,732 | ||||||
106,663,576 | ||||||||
Media — 1.8% | ||||||||
The Walt Disney Co. (a) | 92,661 | 7,510,174 | ||||||
Semiconductors — 24.8% | ||||||||
Advanced Micro Devices, Inc. (a) | 84,814 | 8,720,575 | ||||||
Applied Materials, Inc. | 30,447 | 4,215,387 | ||||||
ASML Holding NV (b) | 11,358 | 6,686,000 | ||||||
Broadcom, Inc. | 3,107 | 2,580,612 | ||||||
Intel Corp. | 115,729 | 4,114,166 | ||||||
Marvell Technology, Inc. | 47,199 | 2,554,882 | ||||||
NVIDIA Corp. | 52,129 | 22,675,594 | ||||||
QUALCOMM, Inc. | 150,900 | 16,758,954 | ||||||
Samsung Electronics Co., Ltd. (b) | 209,914 | 10,640,372 | ||||||
Skyworks Solutions, Inc. | 54,122 | 5,335,888 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. - ADR (b) | 159,020 | 13,818,838 | ||||||
Texas Instruments, Inc. | 26,936 | 4,283,093 | ||||||
102,384,361 | ||||||||
Software — 31.5% (d) | ||||||||
Activision Blizzard, Inc. | 28,503 | 2,668,736 | ||||||
Adobe, Inc. (a) | 8,491 | 4,329,561 | ||||||
Akamai Technologies, Inc. (a)(e) | 50,755 | 5,407,438 | ||||||
Autodesk, Inc. (a) | 66,699 | 13,800,690 | ||||||
Bentley Systems, Inc. - Class B (e) | 48,353 | 2,425,386 | ||||||
Cloudflare, Inc. - Class A (a) | 81,225 | 5,120,424 | ||||||
Electronic Arts, Inc. | 55,605 | 6,694,842 | ||||||
Krafton, Inc. (a)(b) | 22,857 | 2,550,959 | ||||||
Matterport, Inc. (a)(e) | 3,083,039 | 6,690,195 | ||||||
Microsoft Corp. | 53,684 | 16,950,723 | ||||||
NetEase, Inc. - ADR (b)(e) | 51,820 | 5,190,291 | ||||||
Planet Labs PBC (a)(e) | 924,942 | 2,404,849 | ||||||
PTC, Inc. (a)(e) | 16,707 | 2,367,048 | ||||||
ROBLOX Corp. - Class A (a)(e) | 1,194,516 | 34,593,183 | ||||||
Take-Two Interactive Software, Inc. (a) | 57,596 | 8,085,902 | ||||||
Unity Software, Inc. (a)(e) | 333,940 | 10,482,377 | ||||||
129,762,604 | ||||||||
Telecommunications — 1.3% | ||||||||
Lumen Technologies, Inc. (a)(e) | 3,880,430 | 5,510,211 | ||||||
Toys/Games/Hobbies — 0.6% | ||||||||
Nintendo Co., Ltd. (b) | 60,400 | 2,521,642 | ||||||
TOTAL COMMON STOCKS (Cost $523,935,831) | 408,075,389 | |||||||
REAL ESTATE INVESTMENT TRUSTS — 0.6% | ||||||||
Equinix, Inc. | 3,448 | 2,504,144 | ||||||
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $2,727,916) | 2,504,144 | |||||||
SHORT-TERM INVESTMENTS - 0.4% | ||||||||
Money Market Fund — 0.4% | ||||||||
First American Government Obligations Fund, Class X, 5.26% (c) | �� | 1,627,877 | 1,627,877 | |||||
TOTAL SHORT-TERM INVESTMENTS (Cost $1,627,877) | 1,627,877 | |||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 11.6% | ||||||||
Mount Vernon Liquid Assets Portfolio, LLC, 5.50% (c) | 47,970,626 | 47,970,626 | ||||||
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $47,970,626) | 47,970,626 | |||||||
TOTAL INVESTMENTS (Cost $576,262,250) — 111.6% | 460,178,036 | |||||||
Other assets and liabilities, net — (11.6)% | (47,777,539 | ) | ||||||
NET ASSETS — 100.0% | $ | 412,400,497 |
ADR | American Depositary Receipt | ||||||||
(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. | ||||||||
(e) | All or a portion of this security is on loan as of September 30, 2023. The market value of securities out on loan is $47,185,762. | ||||||||
Percentages are stated as a percent of net assets. | |||||||||
COUNTRY | Percentage of Net Assets | ||||||||
United States | 74.1% | ||||||||
Cayman Islands | 11.2% | ||||||||
Republic of Korea | 4.5% | ||||||||
Japan | 4.2% | ||||||||
Taiwan | 3.4% | ||||||||
Netherlands | 1.6% | ||||||||
Total Country | 99.0% | ||||||||
REAL ESTATE INVESTMENT TRUSTS | 0.6% | ||||||||
SHORT-TERM INVESTMENTS | 0.4% | ||||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING | 11.6% | ||||||||
TOTAL INVESTMENTS | 111.6% | ||||||||
Other assets and liabilities, net | -11.6% | ||||||||
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* | $ | 408,075,389 | $ | - | $ | - | $ | 408,075,389 | ||||||||
Real Estate Investment Trusts | 2,504,144 | - | - | 2,504,144 | ||||||||||||
Money Market Fund | 1,627,877 | - | - | 1,627,877 | ||||||||||||
Investments Purchased With Proceeds From Securities Lending** | - | - | - | 47,970,626 | ||||||||||||
Total Investments - Assets | $ | 412,207,410 | $ | - | $ | - | $ | 460,178,036 |
* See the Schedule of Investments for industry classifications. | |||||||
** 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 amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments. | |||||||