Spear Alpha ETF | ||||||||
Schedule of Investments | ||||||||
September 30, 2023 (Unaudited) | ||||||||
Shares | Value | |||||||
COMMON STOCKS — 94.6% | ||||||||
Administrative and Support Services — 19.1% | ||||||||
Cloudflare, Inc. - Class A (a) | 13,158 | $ | 829,480 | |||||
JD.com, Inc. - ADR (b) | 2,300 | 66,999 | ||||||
SentinelOne, Inc. - Class A (a) | 61,277 | 1,033,131 | ||||||
1,929,610 | ||||||||
Computer and Electronic Product Manufacturing — 23.7% | ||||||||
Advanced Micro Devices, Inc. (a) | 7,670 | 788,629 | ||||||
Marvell Technology, Inc. | 9,021 | 488,307 | ||||||
NVIDIA Corp. | 2,128 | 925,659 | ||||||
Power Integrations, Inc. | 2,420 | 184,670 | ||||||
2,387,265 | ||||||||
Electrical Equipment, Appliance, and Component Manufacturing — 0.0% (d) | ||||||||
Rockwell Automation, Inc. | 5 | 1,429 | ||||||
Machinery Manufacturing — 0.3% | ||||||||
Parker-Hannifin Corp. | 76 | 29,604 | ||||||
Management of Companies and Enterprises — 4.7% | ||||||||
Rivian Automotive, Inc. - Class A (a) | 19,368 | 470,255 | ||||||
Mining (except Oil and Gas) — 0.7% | ||||||||
Freeport-McMoRan, Inc. | 1,797 | 67,010 | ||||||
Nonstore Retailers — 2.0% | ||||||||
Amazon.com, Inc. (a) | 1,574 | 200,087 | ||||||
Professional, Scientific, and Technical Services — 17.8% | ||||||||
Palo Alto Networks, Inc. (a) | 1 | 234 | ||||||
Snowflake, Inc. - Class A (a) | 3,177 | 485,350 | ||||||
Unity Software, Inc. (a) | 8,980 | 281,882 | ||||||
Zscaler, Inc. (a) | 6,582 | 1,024,094 | ||||||
1,791,560 | ||||||||
Publishing Industries (except Internet) — 22.4% | ||||||||
Confluent, Inc. - Class A (a) | 15,579 | 461,294 | ||||||
Crowdstrike Holdings, Inc. - Class A (a) | 2,812 | 470,672 | ||||||
Datadog, Inc. - Class A (a) | 5,420 | 493,707 | ||||||
Gitlab, Inc. - Class A (a) | 4,740 | 214,343 | ||||||
HubSpot, Inc. (a) | 391 | 192,568 | ||||||
Shopify, Inc. - Class A (a)(b) | 7,915 | 431,922 | ||||||
2,264,506 | ||||||||
Support Activities for Mining — 0.0% (d) | ||||||||
Rio Tinto PLC - ADR (b) | 8 | 509 | ||||||
Telecommunications — 2.4% | ||||||||
Zoom Video Communications, Inc. - Class A (a) | 3,550 | 248,287 | ||||||
Transportation Equipment Manufacturing — 1.5% | ||||||||
Ford Motor Co. | 12,000 | 149,040 | ||||||
TOTAL COMMON STOCKS (Cost $9,514,529) | 9,539,162 | |||||||
MONEY MARKET FUNDS — 5.5% | ||||||||
First American Government Obligations Fund - Class X, 5.26% (c) | 552,880 | 552,880 | ||||||
TOTAL MONEY MARKET FUNDS (Cost $552,880) | 552,880 | |||||||
TOTAL INVESTMENTS (Cost $10,067,409) — 100.1% | 10,092,042 | |||||||
Other assets and liabilities, net — (0.1)% | (5,288 | ) | ||||||
NET ASSETS — 100.0% | $ | 10,086,754 |
Percentages are stated as a percent of net assets. | |||||||||
ADR | American Depositary Receipt | ||||||||
PLC | Public Limited Company | ||||||||
(a) | Non-income producing security. | ||||||||
(b) | Foreign issued security. | ||||||||
(c) | The rate shown is the seven-day yield at period end. | ||||||||
(d) | Less than 0.05%. |
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* | $ | 9,539,162 | $ | - | $ | - | $ | 9,539,162 | ||||||||
Money Market Fund | 552,880 | - | - | 552,880 | ||||||||||||
Total Investments - Assets | $ | 10,092,042 | $ | - | $ | - | $ | 10,092,042 | ||||||||
* See the Schedule of Investments for industry classifications. |