Roundhill Sports Betting & iGaming ETF | ||||||||
Schedule of Investments | ||||||||
March 31, 2024 (Unaudited) | ||||||||
Shares | Value | |||||||
COMMON STOCKS — 99.8% | ||||||||
Entertainment — 92.2% (e) | ||||||||
888 Holdings PLC (a)(b) | 1,010,842 | $ | 1,130,096 | |||||
Bally's Corp. (a)(f) | 78,091 | 1,088,588 | ||||||
Betsson AB - Class B (a)(b) | 380,639 | 3,769,866 | ||||||
Caesars Entertainment, Inc. (a) | 60,311 | 2,638,003 | ||||||
Churchill Downs, Inc. (f) | 40,445 | 5,005,069 | ||||||
DraftKings, Inc. - Class A (a) | 196,971 | 8,944,453 | ||||||
Entain PLC (b) | 490,368 | 4,939,546 | ||||||
Everi Holdings, Inc. (a) | 23,656 | 237,743 | ||||||
Evolution Gaming Group AB (b)(c) | 57,106 | 7,106,339 | ||||||
Flutter Entertainment PLC (a)(b)(f) | 50,959 | 10,063,893 | ||||||
Genius Sports, Ltd. (a)(b) | 363,584 | 2,076,065 | ||||||
Intralot SA-Integrated Information Systems & Gaming Services (a)(b) | 78,041 | 98,444 | ||||||
Kambi Group PLC (a)(b) | 68,640 | 593,152 | ||||||
Kindred Group PLC - SDR (b) | 458,465 | 5,329,592 | ||||||
La Francaise des Jeux SAEM (b)(c) | 109,184 | 4,454,950 | ||||||
Light & Wonder, Inc. (a) | 26,345 | 2,689,561 | ||||||
NEOGAMES SA (a)(b)(f) | 36,623 | 1,060,602 | ||||||
OPAP SA (b) | 132,741 | 2,391,239 | ||||||
Penn National Gaming, Inc. (a) | 111,386 | 2,028,339 | ||||||
Playtech PLC (a)(b) | 738,397 | 4,303,841 | ||||||
PointsBet Holdings, Ltd. (a)(b) | 771,038 | 414,996 | ||||||
Rush Street Interactive, Inc. (a) | 320,857 | 2,088,779 | ||||||
Sportradar Holding AG - Class A (a)(b)(f) | 386,881 | 4,503,295 | ||||||
Super Group SGHC, Ltd. (a)(b) | 642,133 | 2,215,359 | ||||||
Tabcorp Holdings, Ltd. (b) | 6,653,010 | 3,277,024 | ||||||
The Lottery Corp., Ltd. (b) | 627,640 | 2,108,785 | ||||||
Tokyotokeiba Co., Ltd. (b) | 43,300 | 1,278,873 | ||||||
85,836,492 | ||||||||
Internet — 2.2% | ||||||||
Better Collective AS (a)(b) | 39,301 | 1,056,716 | ||||||
Gambling.com Group, Ltd. (a)(b) | 59,948 | 547,325 | ||||||
Jumbo Interactive, Ltd. (b) | 37,795 | 422,629 | ||||||
2,026,670 | ||||||||
Lodging — 5.4% | ||||||||
Boyd Gaming Corp. | 20,318 | 1,367,808 | ||||||
MGM Resorts International (a)(f) | 77,146 | 3,642,063 | ||||||
5,009,871 | ||||||||
TOTAL COMMON STOCKS (Cost $97,831,985) | 92,873,033 | |||||||
Warrants — 0.0% (h) | ||||||||
PointsBet Holdings, Ltd., Expiration: July 2024, Exercise Price: $10.00 (a)(b)(g) | 151,840 | – | ||||||
TOTAL WARRANTS (Cost $0) | – | |||||||
SHORT-TERM INVESTMENTS - 0.1% | ||||||||
Money Market Fund — 0.1% | ||||||||
First American Government Obligations Fund, Class X, 5.23% (d) | 56,271 | 56,271 | ||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $56,271) | 56,271 | |||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 15.6% | ||||||||
Mount Vernon Liquid Assets Portfolio, LLC, 5.44% (d) | 14,515,943 | 14,515,943 | ||||||
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $14,515,943) | 14,515,943 | |||||||
TOTAL INVESTMENTS (Cost $112,404,199) — 115.5% | 107,445,247 | |||||||
Other assets and liabilities, net — (15.5)% | (14,419,965 | ) | ||||||
NET ASSETS — 100.0% | $ | 93,025,282 |
PLC | Public Limited Company | ||||||||
SDR | Special Drawing Rights | ||||||||
(a) | Non-income producing security. | ||||||||
(b) | Foreign issued security, or represents a foreign issued security. | ||||||||
(c) | Security exempt from registration pursuant to Rule 144a under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. | ||||||||
(d) | The rate shown is the seven day yield at period end. | ||||||||
(e) | 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. | ||||||||
(f) | All or a portion of this security is on loan as of March 31, 2024. The market value of securities out on loan is $14,135,868. | ||||||||
(g) | Value determined based on estimated fair value. The value of this security totals $0, which represents 0.00% of net assets. Classified as Level 3 in the fair value hierarchy. | ||||||||
(h) | Amount is less than 0.05%. | ||||||||
Percentages are stated as a percent of net assets. | |||||||||
COUNTRY | Percentage of Net Assets | ||||||||
United States | 31.9% | ||||||||
Sweden | 11.7% | ||||||||
Ireland | 10.8% | ||||||||
Isle of Man | 9.9% | ||||||||
Australia | 6.7% | ||||||||
Malta | 6.4% | ||||||||
Switzerland | 4.9% | ||||||||
France | 4.8% | ||||||||
Guernsey | 4.6% | ||||||||
Greece | 2.7% | ||||||||
Japan | 1.4% | ||||||||
Gibraltar | 1.2% | ||||||||
Luxembourg | 1.1% | ||||||||
Denmark | 1.1% | ||||||||
Jersey | 0.6% | ||||||||
Total Country | 99.8% | ||||||||
WARRANTS | 0.0% | * | |||||||
SHORT-TERM INVESTMENTS | 0.1% | ||||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING | 15.6% | ||||||||
TOTAL INVESTMENTS | 115.5% | ||||||||
Other assets and liabilities, net | -15.5% | ||||||||
NET ASSETS | 100.0% | ||||||||
* | Amount is 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 March 31, 2024: |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investments - Assets: | ||||||||||||||||
Common Stocks* | $ | 92,873,033 | $ | - | $ | - | $ | 92,873,033 | ||||||||
Warrants | - | - | - | ^ | - | |||||||||||
Money Market Fund | 56,271 | - | - | 56,271 | ||||||||||||
Investments Purchased With Proceeds From Securities Lending** | - | - | - | 14,515,943 | ||||||||||||
Total Investments - Assets | $ | 92,929,304 | $ | - | $ | - | $ | 107,445,247 | ||||||||
* 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. | |||||||
^ The Fund held a Level 3 security at the end of the period valued at $0. | |||||||