AB Active ETFs (SDFI) NPORT-P RPAR Risk Parity ETF (Mar 2024 report)

RPAR Risk Parity ETF
Schedule of Investments
as of March 31, 2024 (Unaudited)
EXCHANGE TRADED FUNDS - 35.3%	Shares		Value
SPDR Gold MiniShares Trust(a)(b)		1,542,714	$	67,956,552
Vanguard FTSE Developed Markets ETF		643,750		32,296,938
Vanguard FTSE Emerging Markets ETF		1,144,060		47,787,386
Vanguard Total Stock Market ETF(b)		310,170		80,613,183
TOTAL EXCHANGE TRADED FUNDS (Cost $222,417,547)				228,654,059
U.S. TREASURY OBLIGATIONS - 34.3%	Par
United States Treasury Inflation Indexed Bonds
2.13%, 02/15/2040		4,511,953		4,581,297
2.13%, 02/15/2041		20,299,957		20,630,171
0.75%, 02/15/2042		26,821,846		21,484,911
0.63%, 02/15/2043		30,480,654		23,495,960
1.38%, 02/15/2044		30,725,308		27,049,199
0.75%, 02/15/2045		29,767,543		22,937,172
1.00%, 02/15/2046		26,475,358		21,281,941
0.88%, 02/15/2047		26,285,299		20,350,577
1.00%, 02/15/2048		24,682,367		19,518,718
1.00%, 02/15/2049		16,715,415		13,152,713
0.25%, 02/15/2050		16,421,598		10,419,671
0.13%, 02/15/2051		10,547,856		6,338,411
0.13%, 02/15/2052		9,539,191		5,642,568
1.50%, 02/15/2053		4,429,301		3,883,394
2.13%, 02/15/2054		1,110,448		1,127,263
TOTAL U.S. TREASURY OBLIGATIONS (Cost $333,033,129)				221,893,966
COMMON STOCKS - 15.6%	Shares
Biotechnology - 0.4%
Corteva, Inc.		46,078		2,657,318
Building Materials - 0.1%
Geberit AG		994		588,211
Chemicals - 1.0%
Arcadium Lithium PLC(a)		32,806		145,110
CF Industries Holdings, Inc.		13,175		1,096,292
Ecolab, Inc.		5,100		1,177,590
FMC Corp.		8,482		540,303
Nutrien Ltd.		32,313		1,757,187
OCI N.V.		13,906		381,318
PhosAgro PJSC - GDR(a)(c)		52,122		0
Sociedad Quimica y Minera de Chile S.A. - ADR(b)		17,317		851,304
The Mosaic Co.		17,922		581,748
Yara International ASA		15,198		480,375
				7,011,227
Coal - 0.2%
Teck Resources Ltd. - Class B(a)		23,765		1,088,808
Distribution & Wholesale - 0.1%
Ferguson PLC		4,026		881,121
Energy - Alternate Sources - 0.8%
Enphase Energy, Inc.(a)		8,056		974,615
First Solar, Inc.(a)		6,563		1,107,835
Flat Glass Group Co. Ltd. - Class H		300,022		729,120
SolarEdge Technologies, Inc.(a)		3,084		218,902
Vestas Wind Systems A/S(a)		60,152		1,680,928
Xinyi Solar Holdings Ltd.		627,220		485,655
				5,197,055
Food - 0.1%
Salmar ASA		8,499		560,458
Iron & Steel - 0.8%
Fortescue Ltd.		148,144		2,483,886
Mineral Resources Ltd.		8,647		399,800
Vale S.A. - ADR		196,689		2,397,639
				5,281,325
Machinery - Diversified - 1.9%
AGCO Corp.		5,407		665,169
CNH Industrial N.V. - Class A		86,395		1,119,679
Deere & Co.		17,951		7,373,195
Husqvarna AB - Class B		37,922		325,007
IDEX Corp.		1,403		342,360
Kubota Corp.		74,811		1,169,779
The Toro Co.		5,924		542,816
Xylem, Inc.		4,885		631,337
				12,169,342
Mining - 4.5%
Antofagasta PLC		42,083		1,083,958
BHP Group Ltd. - ADR(b)		118,264		6,822,650
Boliden AB		12,069		335,513
Cameco Corp.		18,796		814,482
CMOC Group Ltd. - Class H		1,173,023		996,697
First Quantum Minerals Ltd.		31,297		336,733
Freeport-McMoRan, Inc.		69,173		3,252,514
Glencore PLC		553,138		3,041,663
Ivanhoe Mines Ltd. - Class A(a)		56,160		670,641
Jiangxi Copper Co. Ltd. - Class H		219,561		374,237
Lundin Mining Corp.		34,870		357,139
MMC Norilsk Nickel PJSC - ADR(a)(c)		181,762		0
NAC Kazatomprom JSC - GDR		13,426		543,082
Pilbara Minerals Ltd.		142,522		356,119
Rio Tinto PLC - ADR		80,942		5,159,243
South32 Ltd.		205,205		401,628
Southern Copper Corp.		37,400		3,983,848
Sumitomo Metal Mining Co. Ltd.		13,412		397,278
				28,927,425
Oil & Gas - 5.5%
Aker BP ASA		10,739		267,074
BP PLC - ADR		44,099		1,661,650
Canadian Natural Resources Ltd.		16,285		1,243,473
Cenovus Energy, Inc.		29,950		599,332
Chevron Corp.		30,749		4,850,347
ConocoPhillips		18,412		2,343,479
Coterra Energy, Inc.		11,724		326,865
Devon Energy Corp.		9,835		493,520
Diamondback Energy, Inc.		2,755		545,958
Ecopetrol S.A. - ADR(b)		34,873		412,896
Eni S.p.A. - ADR		26,129		828,812
EOG Resources, Inc.		9,280		1,186,355
EQT Corp.		6,272		232,503
Equinor ASA - ADR		47,006		1,270,572
Exxon Mobil Corp.		63,587		7,391,354
Gazprom PJSC - ADR(a)(c)		523,190		0
Hess Corp.		4,798		732,367
Imperial Oil Ltd.		10,005		690,757
Inpex Corp.		21,567		327,684
LUKOIL PJSC - ADR(a)(c)		31,173		0
Marathon Oil Corp.		9,409		266,651
Novatek PJSC - GDR(a)(c)		13,358		0
Occidental Petroleum Corp.		14,032		911,940
Pioneer Natural Resources Co.		3,607		946,838
Repsol S.A.		23,459		391,182
Rosneft Oil Co. PJSC - GDR(a)(c)		488,696		0
Shell PLC - ADR		52,871		3,544,473
Suncor Energy, Inc.		19,803		731,537
TotalEnergies SE - ADR		38,263		2,633,642
Tourmaline Oil Corp.		5,818		272,273
Woodside Energy Group Ltd.		29,949		595,932
				35,699,466
Water - 0.2%
American Water Works Co., Inc.		4,697		574,020
Veolia Environment S.A.		16,042		522,011
				1,096,031
TOTAL COMMON STOCKS (Cost $124,841,608)				101,157,787
SHORT-TERM INVESTMENTS - 26.3%
Investments Purchased with Proceeds from Securities Lending - 14.1%
First American Government Obligations Fund – Class X, 5.29%(d)		91,182,463		91,182,463
Money Market Funds - 3.0%
First American Government Obligations Fund - Class X, 5.29%(d)		19,363,719		19,363,719
U.S. Treasury Bills - 9.2%	Par
5.24%, 06/06/2024(e)		59,933,000		59,360,265
TOTAL SHORT-TERM INVESTMENTS (Cost $169,911,117)				169,906,447
TOTAL INVESTMENTS - 111.5% (Cost $850,203,401)			$	721,612,259
Liabilities in Excess of Other Assets - (11.5)%				(74,456,706	)
TOTAL NET ASSETS - 100.0%			$	647,155,553
Percentages are stated as a percent of net assets.

ADR - American Depositary Receipt

AG - Aktiengesellschaft

ASA - Advanced Subscription Agreement

GDR - Global Depositary Receipt

PJSC - Public Joint Stock Company

PLC - Public Limited Company

(a)	Non-income producing security.
(b)	All or a portion of this security is on loan as of March 31, 2024. The total market value of these securities was $86,960,704 which represented 13.4% of net assets.
(c)	Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities represented $0 or 0.0% of net assets as of March 31, 2024.
(d)	The rate shown represents the 7-day effective yield as of March 31, 2024.
(e)	The rate shown is the effective yield.

RPAR Risk Parity ETF
Schedule of Open Futures Contracts
as of March 31, 2024 (Unaudited)
Description	Contracts Purchased		Expiration Date	Notional		Value / Unrealized Appreciation (Depreciation)
U.S. Treasury 10 Year Notes		993	06/18/2024	$	110,021,297	$	647,892
U.S. Treasury Ultra Bonds		857	06/18/2024		110,553,000		1,972,738
						$	2,620,630
							–
Total Unrealized Appreciation (Depreciation)						$	2,620,630

Summary of Fair Value Exposure at March 31, 2024 (Unaudited) The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are: • Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. • Level 2 — Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment spreads, credit risk, yield curves, default rates and similar data. • Level 3 — Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. The following is a summary of the inputs used to value the Fund's investments as of March 31, 2024: RPAR Risk Parity ETF
	Level 1		Level 2		Level 3			Total
Assets:
Exchange Traded Funds	$	228,654,059	$	–	$	–		$	228,654,059
U.S. Treasury Obligations		–		221,893,966		–			221,893,966
Common Stocks		101,157,787		–		0	(a)		101,157,787
Investments Purchased with Proceeds from Securities Lending		–		–		–			91,182,463
Money Market Funds		19,363,719		–		–			19,363,719
U.S. Treasury Bills		–		59,360,265		–			59,360,265
Total Assets	$	349,175,565	$	281,254,231	$	0	(a)	$	721,612,259
Other Financial Instruments(b):
Assets
Futures	$	2,620,630		–		–		$	2,620,630
Total Assets	$	2,620,630		–		–		$	2,620,630
Refer to the Schedule of Investments for industry classifications.

	Common Stock
Balance as of December 31, 2023	$	218,088
Accrued discounts/premiums		-
Realized gain (loss)		-
Change in unrealized appreciation/depreciation		89,008
Purchases		-
Sales		-
Transfer into and/or out of Level 3		-
Corporate actions		(307,096	)
Balance as of March 31, 2024	$	0
Change in unrealized appreciate/depreciation during the period for Level 3 investments held at March 31, 2024:	$	89,008

(a)	The Level 3 securities are fair valued at $0 due to a halt in trading of Russian securities as a result of the ongoing Ukrainian/ Russian conflict and the Russian markets being currently uninvestable.
(b)	Other Financial Instruments are derivative instruments not reflected on the Schedule of Investments, such as futures contracts, which are presented at the unrealized appreciation/depreciation on the investment.