Gotham 1000 Value ETF
Schedule of Investments
as of December 31, 2023 (Unaudited)
COMMON STOCKS - 99.8% | Shares | Value | ||||||
Advertising - 0.6% | ||||||||
Omnicom Group, Inc. | 5,457 | $ | 472,085 | |||||
The Interpublic Group of Companies, Inc. | 11,780 | 384,499 | ||||||
856,584 | ||||||||
Aerospace & Defense - 0.2% | ||||||||
Curtiss-Wright Corp. | 377 | 83,992 | ||||||
Lockheed Martin Corp. | 466 | 211,210 | ||||||
295,202 | ||||||||
Agriculture - 1.4% | ||||||||
Altria Group, Inc. | 17,618 | 710,709 | ||||||
Archer-Daniels-Midland Co. | 6,817 | 492,324 | ||||||
Bunge Global SA | 6,417 | 647,796 | ||||||
Philip Morris International, Inc. | 1,919 | 180,540 | ||||||
2,031,369 | ||||||||
Airlines - 0.5% | ||||||||
American Airlines Group, Inc.(a) | 27,032 | 371,420 | ||||||
Delta Air Lines, Inc. | 8,584 | 345,334 | ||||||
716,754 | ||||||||
Apparel - 2.7% | ||||||||
Capri Holdings Ltd.(a) | 6,278 | 315,407 | ||||||
Carter's, Inc.(b) | 8,278 | 619,939 | ||||||
Crocs, Inc.(a) | 5,935 | 554,388 | ||||||
Kontoor Brands, Inc. | 2,701 | 168,596 | ||||||
Ralph Lauren Corp. - Class A(b) | 2,832 | 408,374 | ||||||
Skechers U.S.A., Inc. - Class A(a) | 10,181 | 634,685 | ||||||
Steven Madden Ltd.(b) | 8,197 | 344,274 | ||||||
Tapestry, Inc. | 10,687 | 393,388 | ||||||
Urban Outfitters, Inc.(a) | 17,559 | 626,681 | ||||||
4,065,732 | ||||||||
Auto Manufacturers - 0.6% | ||||||||
Cummins, Inc. | 1,403 | 336,117 | ||||||
General Motors Co. | 13,999 | 502,844 | ||||||
838,961 | ||||||||
Auto Parts & Equipment - 2.4% | ||||||||
Adient PLC(a) | 10,101 | 367,272 | ||||||
Allison Transmission Holdings, Inc. | 9,456 | 549,866 | ||||||
Aptiv PLC(a) | 3,591 | 322,185 | ||||||
BorgWarner, Inc. | 18,463 | 661,898 | ||||||
Fox Factory Holding Corp.(a) | 6,689 | 451,374 | ||||||
Lear Corp. | 2,831 | 399,766 | ||||||
The Goodyear Tire & Rubber Co.(a) | 24,466 | 350,353 | ||||||
Visteon Corp.(a) | 3,840 | 479,616 | ||||||
3,582,330 | ||||||||
Banks - 3.4% | ||||||||
Associated Banc-Corp. | 1,160 | 24,812 | ||||||
Bank of America Corp. | 8,784 | 295,757 | ||||||
Bank OZK(b) | 3,174 | 158,160 | ||||||
Cadence Bank | 687 | 20,328 |
Cathay General Bancorp | 4,062 | 181,043 | ||||||
Citigroup, Inc. | 1,681 | 86,471 | ||||||
Citizens Financial Group, Inc. | 3,645 | 120,795 | ||||||
Columbia Banking System, Inc. | 1,841 | 49,118 | ||||||
Comerica, Inc. | 2,207 | 123,173 | ||||||
Cullen/Frost Bankers, Inc. | 820 | 88,962 | ||||||
CVB Financial Corp. | 1,579 | 31,880 | ||||||
East West Bancorp, Inc. | 2,913 | 209,590 | ||||||
Fifth Third Bancorp | 3,639 | 125,509 | ||||||
First BanCorp | 9,968 | 163,974 | ||||||
First Citizens BancShares, Inc. - Class A | 11 | 15,609 | ||||||
Fulton Financial Corp. | 1,622 | 26,698 | ||||||
Hancock Whitney Corp. | 5,396 | 262,192 | ||||||
Huntington Bancshares, Inc. | 29,083 | 369,937 | ||||||
Independent Bank Corp. | 4,897 | 322,272 | ||||||
International Bancshares Corp. | 2,867 | 155,735 | ||||||
Old National Bancorp | 11,957 | 201,954 | ||||||
Pinnacle Financial Partners, Inc. | 2,427 | 211,683 | ||||||
Regions Financial Corp. | 8,161 | 158,160 | ||||||
SouthState Corp. | 2,381 | 201,075 | ||||||
Synovus Financial Corp. | 970 | 36,521 | ||||||
Texas Capital Bancshares, Inc.(a)(b) | 5,464 | 353,138 | ||||||
The Bank of Nova Scotia | 2,951 | 143,684 | ||||||
The PNC Financial Services Group, Inc. | 1,907 | 295,299 | ||||||
The Toronto-Dominion Bank | 2,950 | 190,629 | ||||||
Truist Financial Corp. | 5,362 | 197,965 | ||||||
UMB Financial Corp. | 240 | 20,052 | ||||||
Valley National Bancorp | 16,297 | 176,985 | ||||||
Western Alliance Bancorp | 470 | 30,921 | ||||||
Wintrust Financial Corp. | 213 | 19,756 | ||||||
Zions Bancorp N.A. | 793 | 34,789 | ||||||
5,104,626 | ||||||||
Beverages - 1.3% | ||||||||
Coca-Cola Consolidated, Inc.(b) | 597 | 554,256 | ||||||
Keurig Dr Pepper, Inc. | 7,187 | 239,471 | ||||||
Molson Coors Brewing Co. - Class B(b) | 6,588 | 403,251 | ||||||
National Beverage Corp.(a) | 1,251 | 62,200 | ||||||
PepsiCo, Inc. | 793 | 134,683 | ||||||
The Boston Beer Co., Inc. - Class A(a) | 926 | 320,016 | ||||||
The Coca-Cola Co. | 2,851 | 168,009 | ||||||
1,881,886 | ||||||||
Biotechnology - 1.7% | ||||||||
Amgen, Inc. | 672 | 193,549 | ||||||
Bio-Rad Laboratories, Inc. - Class A(a) | 2,191 | 707,453 | ||||||
Gilead Sciences, Inc. | 4,126 | 334,247 | ||||||
Halozyme Therapeutics, Inc.(a) | 4,196 | 155,084 | ||||||
Incyte Corp.(a) | 6,431 | 403,802 | ||||||
United Therapeutics Corp.(a) | 3,209 | 705,627 | ||||||
2,499,762 | ||||||||
Building Materials - 4.4% | ||||||||
Armstrong World Industries, Inc. | 1,716 | 168,717 | ||||||
Boise Cascade Co. | 2,519 | 325,858 | ||||||
Builders FirstSource, Inc.(a) | 3,156 | 526,863 | ||||||
Carrier Global Corp. | 4,975 | 285,814 | ||||||
Eagle Materials, Inc. | 2,152 | 436,512 | ||||||
Fortune Brands Innovations, Inc. | 8,186 | 623,282 | ||||||
Griffon Corp.(b) | 8,188 | 499,059 |
Hayward Holdings, Inc.(a) | 14,239 | 193,650 | ||||||
Johnson Controls International PLC | 6,175 | 355,927 | ||||||
Knife River Corp.(a)(b) | 2,498 | 165,318 | ||||||
Masco Corp. | 3,230 | 216,345 | ||||||
MDU Resources Group, Inc. | 33,357 | 660,469 | ||||||
Mohawk Industries, Inc.(a) | 4,978 | 515,223 | ||||||
Owens Corning | 2,654 | 393,402 | ||||||
Simpson Manufacturing Co., Inc. | 2,898 | 573,746 | ||||||
UFP Industries, Inc. | 4,197 | 526,933 | ||||||
6,467,118 | ||||||||
Chemicals - 3.9% | ||||||||
Avient Corp. | 7,975 | 331,521 | ||||||
Axalta Coating Systems Ltd.(a) | 2,090 | 70,997 | ||||||
Cabot Corp. | 6,044 | 504,674 | ||||||
CF Industries Holdings, Inc. | 8,446 | 671,456 | ||||||
Dow, Inc. | 881 | 48,314 | ||||||
Eastman Chemical Co. | 282 | 25,329 | ||||||
HB Fuller Co. | 4,276 | 348,109 | ||||||
Huntsman Corp. | 8,944 | 224,763 | ||||||
Innospec, Inc. | 2,092 | 257,818 | ||||||
International Flavors & Fragrances, Inc. | 1,885 | 152,628 | ||||||
LyondellBasell Industries NV - Class A | 2,319 | 220,490 | ||||||
NewMarket Corp. | 1,214 | 662,637 | ||||||
Nutrien Ltd. | 3,390 | 190,959 | ||||||
Olin Corp. | 3,909 | 210,891 | ||||||
PPG Industries, Inc. | 1,210 | 180,956 | ||||||
Quaker Chemical Corp. | 1,456 | 310,740 | ||||||
RPM International, Inc. | 3,009 | 335,895 | ||||||
The Mosaic Co. | 11,787 | 421,150 | ||||||
The Sherwin-Williams Co. | 80 | 24,952 | ||||||
Valvoline, Inc.(a)(b) | 7,423 | 278,956 | ||||||
Westlake Corp. | 1,833 | 256,547 | ||||||
5,729,782 | ||||||||
Coal - 1.3% | ||||||||
Alpha Metallurgical Resources, Inc. | 784 | 265,713 | ||||||
Arch Resources, Inc. - Class A | 2,938 | 487,532 | ||||||
CONSOL Energy, Inc. | 6,062 | 609,413 | ||||||
Peabody Energy Corp.(b) | 25,564 | 621,717 | ||||||
1,984,375 | ||||||||
Commercial Services - 3.2% | ||||||||
ABM Industries, Inc. | 4,446 | 199,314 | ||||||
ADT, Inc.(b) | 53,598 | 365,538 | ||||||
AMN Healthcare Services, Inc.(a)(b) | 9,237 | 691,667 | ||||||
API Group Corp.(a) | 11,490 | 397,554 | ||||||
Euronet Worldwide, Inc.(a) | 5,383 | 546,321 | ||||||
Global Payments, Inc. | 652 | 82,804 | ||||||
Insperity, Inc. | 33 | 3,868 | ||||||
John Wiley & Sons, Inc. - Class A | 893 | 28,344 | ||||||
Korn Ferry | 2,300 | 136,505 | ||||||
ManpowerGroup, Inc. | 5,369 | 426,674 | ||||||
PayPal Holdings, Inc.(a) | 7,177 | 440,740 | ||||||
Robert Half, Inc. | 4,050 | 356,076 | ||||||
The Brink's Co.(b) | 4,773 | 419,785 | ||||||
TriNet Group, Inc.(a)(b) | 2,521 | 299,823 | ||||||
WEX, Inc.(a) | 1,539 | 299,412 | ||||||
4,694,425 |
Computers - 2.4% | ||||||||
Accenture PLC - Class A | 18 | 6,316 | ||||||
Amdocs Ltd. | 5,066 | 445,251 | ||||||
ASGN, Inc.(a) | 2,661 | 255,908 | ||||||
CGI, Inc. - Class A(a) | 1,813 | 194,372 | ||||||
Crane NXT Co. | 5,213 | 296,463 | ||||||
Dell Technologies, Inc. - Class C | 595 | 45,518 | ||||||
Hewlett Packard Enterprise Co. | 11,897 | 202,011 | ||||||
HP, Inc. | 14,109 | 424,540 | ||||||
Insight Enterprises, Inc.(a)(b) | 4,797 | 849,980 | ||||||
Leidos Holdings, Inc. | 3,019 | 326,777 | ||||||
NCR Voyix Corp.(a) | 9,220 | 155,910 | ||||||
NetApp, Inc. | 1,368 | 120,603 | ||||||
Science Applications International Corp. | 1,599 | 198,788 | ||||||
Seagate Technology Holdings PLC | 797 | 68,040 | ||||||
3,590,477 | ||||||||
Cosmetics & Personal Care - 0.5% | ||||||||
Colgate-Palmolive Co. | 1,763 | 140,529 | ||||||
Kenvue, Inc. | 17,459 | 375,892 | ||||||
The Procter & Gamble Co. | 1,271 | 186,252 | ||||||
702,673 | ||||||||
Distribution & Wholesale - 1.3% | ||||||||
Core & Main, Inc. - Class A(a) | 16,143 | 652,338 | ||||||
Fastenal Co. | 609 | 39,445 | ||||||
Pool Corp.(b) | 1,164 | 464,098 | ||||||
Resideo Technologies, Inc.(a) | 11,102 | 208,940 | ||||||
WESCO International, Inc. | 2,969 | 516,250 | ||||||
1,881,071 | ||||||||
Diversified Financial Services - 1.0% | ||||||||
Affiliated Managers Group, Inc. | 257 | 38,915 | ||||||
Cboe Global Markets, Inc. | 1,356 | 242,127 | ||||||
CME Group, Inc. - Class A | 1,057 | 222,604 | ||||||
Discover Financial Services | 964 | 108,354 | ||||||
Enact Holdings, Inc. | 5,432 | 156,930 | ||||||
Intercorp Financial Services, Inc. | 884 | 19,404 | ||||||
Radian Group, Inc. | 3,153 | 90,018 | ||||||
Synchrony Financial | 437 | 16,689 | ||||||
The Charles Schwab Corp. | 110 | 7,568 | ||||||
The Western Union Co. | 53,059 | 632,464 | ||||||
1,535,073 | ||||||||
Electric - 1.0% | ||||||||
ALLETE, Inc. | 7,281 | 445,306 | ||||||
Otter Tail Corp.(b) | 4,014 | 341,070 | ||||||
Vistra Corp. | 19,596 | 754,837 | ||||||
1,541,213 | ||||||||
Electrical Components & Equipment - 1.8% | ||||||||
Acuity Brands, Inc. | 3,054 | 625,551 | ||||||
Belden, Inc. | 2,619 | 202,318 | ||||||
Emerson Electric Co. | 4,159 | 404,795 | ||||||
Encore Wire Corp.(b) | 1,551 | 331,294 | ||||||
Energizer Holdings, Inc. | 9,336 | 295,764 | ||||||
EnerSys | 5,355 | 540,641 | ||||||
Littelfuse, Inc. | 784 | 209,767 | ||||||
2,610,130 |
Electronics - 2.8% | ||||||||
Allegion PLC | 996 | 126,183 | ||||||
Arrow Electronics, Inc.(a) | 4,589 | 561,005 | ||||||
Atkore, Inc.(a)(b) | 2,403 | 384,480 | ||||||
Brady Corp. - Class A | 10,889 | 639,076 | ||||||
Celestica, Inc.(a) | 3,584 | 104,940 | ||||||
Garmin Ltd. | 1,666 | 214,147 | ||||||
Hubbell, Inc. | 2 | 658 | ||||||
Jabil, Inc. | 4,155 | 529,347 | ||||||
Keysight Technologies, Inc.(a) | 58 | 9,227 | ||||||
Plexus Corp.(a) | 2,284 | 246,969 | ||||||
Sensata Technologies Holding PLC | 5,056 | 189,954 | ||||||
TD SYNNEX Corp. | 5,783 | 622,309 | ||||||
Vishay Intertechnology, Inc. | 13,862 | 332,272 | ||||||
Vontier Corp. | 4,004 | 138,338 | ||||||
4,098,905 | ||||||||
Engineering & Construction - 1.7% | ||||||||
Arcosa, Inc. | 2,808 | 232,053 | ||||||
Comfort Systems USA, Inc.(b) | 2,349 | 483,119 | ||||||
EMCOR Group, Inc. | 1,580 | 340,379 | ||||||
Frontdoor, Inc.(a) | 12,836 | 452,084 | ||||||
Jacobs Solutions, Inc. | 2,331 | 302,564 | ||||||
TopBuild Corp.(a) | 1,754 | 656,452 | ||||||
2,466,651 | ||||||||
Entertainment - 0.3% | ||||||||
International Game Technology PLC | 3,546 | 97,196 | ||||||
Penn Entertainment, Inc.(a) | 302 | 7,858 | ||||||
SeaWorld Entertainment, Inc.(a) | 4,974 | 262,776 | ||||||
Warner Music Group Corp. - Class A | 1,650 | 59,054 | ||||||
426,884 | ||||||||
Environmental Control - 0.3% | ||||||||
Pentair PLC | 2,147 | 156,108 | ||||||
Republic Services, Inc. | 746 | 123,023 | ||||||
Tetra Tech, Inc. | 901 | 150,404 | ||||||
Veralto Corp. | 289 | 23,773 | ||||||
453,308 | ||||||||
Food - 4.6% | ||||||||
Albertsons Companies, Inc. - Class A | 19,935 | 458,505 | ||||||
Cal-Maine Foods, Inc.(b) | 9,006 | 516,854 | ||||||
Campbell Soup Co.(b) | 6,268 | 270,966 | ||||||
Conagra Brands, Inc. | 2,770 | 79,388 | ||||||
General Mills, Inc. | 6,942 | 452,202 | ||||||
Grocery Outlet Holding Corp.(a)(b) | 9,424 | 254,071 | ||||||
Hormel Foods Corp.(b) | 12,499 | 401,343 | ||||||
Ingredion, Inc. | 6,724 | 729,755 | ||||||
Kellanova | 8,997 | 503,022 | ||||||
McCormick & Co., Inc. | 2,673 | 182,887 | ||||||
Mondelez International, Inc. - Class A | 1,708 | 123,710 | ||||||
Sysco Corp. | 3,284 | 240,159 | ||||||
The Hershey Co. | 357 | 66,559 | ||||||
The J.M. Smucker Co. | 5,005 | 632,532 | ||||||
The Kraft Heinz Co. | 12,953 | 479,002 | ||||||
The Kroger Co. | 13,122 | 599,807 | ||||||
The Simply Good Foods Co.(a)(b) | 5,770 | 228,492 | ||||||
US Foods Holding Corp.(a)(b) | 12,158 | 552,095 | ||||||
6,771,349 |
Food Service - 0.4% | ||||||||
Aramark | 20,421 | 573,830 | ||||||
Forest Products & Paper - 0.1% | ||||||||
International Paper Co. | 3,577 | 129,309 | ||||||
Hand & Machine Tools - 0.6% | ||||||||
Franklin Electric Co., Inc. | 3,886 | 375,582 | ||||||
MSA Safety, Inc. | 1,034 | 174,570 | ||||||
Snap-on, Inc. | 725 | 209,409 | ||||||
Stanley Black & Decker, Inc. | 1,491 | 146,267 | ||||||
905,828 | ||||||||
Healthcare - Products - 1.1% | ||||||||
Avantor, Inc.(a) | 2,993 | 68,330 | ||||||
Baxter International, Inc. | 11,223 | 433,881 | ||||||
Envista Holdings Corp.(a) | 4,480 | 107,789 | ||||||
GE HealthCare Technologies, Inc.(b) | 2,006 | 155,104 | ||||||
Haemonetics Corp.(a) | 865 | 73,966 | ||||||
Lantheus Holdings, Inc.(a)(b) | 10,957 | 679,334 | ||||||
ResMed, Inc. | 335 | 57,627 | ||||||
1,576,031 | ||||||||
Healthcare - Services - 2.4% | ||||||||
Amedisys, Inc.(a) | 2,821 | 268,164 | ||||||
Centene Corp.(a) | 9,563 | 709,670 | ||||||
DaVita, Inc.(a)(b) | 5,001 | 523,905 | ||||||
Elevance Health, Inc. | 803 | 378,663 | ||||||
Humana, Inc. | 1,408 | 644,596 | ||||||
Laboratory Corp. of America Holdings | 1,359 | 308,887 | ||||||
Molina Healthcare, Inc.(a) | 1,351 | 488,130 | ||||||
UnitedHealth Group, Inc. | 550 | 289,559 | ||||||
3,611,574 | ||||||||
Home Builders - 0.9% | ||||||||
Cavco Industries, Inc.(a)(b) | 658 | 228,076 | ||||||
Installed Building Products, Inc. | 2,090 | 382,094 | ||||||
LCI Industries(b) | 3,469 | 436,088 | ||||||
Skyline Champion Corp.(a) | 158 | 11,733 | ||||||
Thor Industries, Inc.(b) | 2,571 | 304,021 | ||||||
1,362,012 | ||||||||
Home Furnishings - 0.6% | ||||||||
Dolby Laboratories, Inc. - Class A | 4,372 | 376,779 | ||||||
Leggett & Platt, Inc. | 21,239 | 555,825 | ||||||
932,604 | ||||||||
Household Products & Wares - 1.5% | ||||||||
Church & Dwight Co., Inc. | 915 | 86,522 | ||||||
Helen of Troy Ltd.(a) | 4,022 | 485,898 | ||||||
Kimberly-Clark Corp. | 4,720 | 573,527 | ||||||
Reynolds Consumer Products, Inc. | 12,479 | 334,936 | ||||||
Spectrum Brands Holdings, Inc. | 8,298 | 661,932 | ||||||
WD-40 Co. | 261 | 62,397 | ||||||
2,205,212 | ||||||||
Housewares - 0.6% | ||||||||
Newell Brands, Inc. | 51,232 | 444,694 | ||||||
The Scotts Miracle-Gro Co.(b) | 7,332 | 467,415 | ||||||
912,109 |
Insurance - 6.6% | ||||||||
Aflac, Inc. | 1,419 | 117,068 | ||||||
American Equity Investment Life Holding Co.(a)(b) | 603 | 33,647 | ||||||
American Financial Group, Inc. | 1,072 | 127,450 | ||||||
Aon PLC - Class A | 1,130 | 328,853 | ||||||
Arch Capital Group Ltd.(a) | 6,864 | 509,789 | ||||||
Assurant, Inc. | 1,788 | 301,260 | ||||||
Assured Guaranty Ltd. | 6,124 | 458,259 | ||||||
Axis Capital Holdings Ltd. | 11,912 | 659,567 | ||||||
Chubb Ltd. | 1,400 | 316,400 | ||||||
Cincinnati Financial Corp. | 1,790 | 185,193 | ||||||
CNA Financial Corp. | 4,335 | 183,414 | ||||||
Enstar Group Ltd.(a) | 1,446 | 425,630 | ||||||
Equitable Holdings, Inc. | 13,669 | 455,178 | ||||||
Essent Group Ltd. | 1,453 | 76,631 | ||||||
Everest Group Ltd. | 2,132 | 753,834 | ||||||
Globe Life, Inc. | 2,397 | 291,763 | ||||||
Kinsale Capital Group, Inc.(b) | 318 | 106,501 | ||||||
Lincoln National Corp. | 1,677 | 45,229 | ||||||
Loews Corp. | 8,693 | 604,947 | ||||||
Markel Group, Inc.(a) | 466 | 661,674 | ||||||
MGIC Investment Corp. | 12,831 | 247,510 | ||||||
Primerica, Inc. | 1,504 | 309,463 | ||||||
Reinsurance Group of America, Inc. | 3,698 | 598,262 | ||||||
RenaissanceRe Holdings Ltd. | 2,784 | 545,664 | ||||||
Ryan Specialty Holdings, Inc. - Class A(a)(b) | 6,560 | 282,211 | ||||||
Sun Life Financial, Inc. | 1,428 | 74,056 | ||||||
The Hartford Financial Services Group, Inc. | 4,115 | 330,764 | ||||||
Unum Group | 7,215 | 326,262 | ||||||
W.R. Berkley Corp. | 5,770 | 408,054 | ||||||
9,764,533 | ||||||||
Internet - 1.6% | ||||||||
Alphabet, Inc. - Class A(a) | 5 | 698 | ||||||
Booking Holdings, Inc.(a) | 118 | 418,572 | ||||||
CDW Corp. | 729 | 165,716 | ||||||
eBay, Inc. | 11,483 | 500,889 | ||||||
Expedia Group, Inc. - Class A(a) | 2,463 | 373,859 | ||||||
F5, Inc.(a) | 1,075 | 192,404 | ||||||
Gen Digital, Inc. | 12,248 | 279,499 | ||||||
Match Group, Inc.(a) | 10,368 | 378,432 | ||||||
2,310,069 | ||||||||
Iron & Steel - 1.5% | ||||||||
Cleveland-Cliffs, Inc.(a) | 23,403 | 477,889 | ||||||
Commercial Metals Co. | 9,495 | 475,130 | ||||||
Nucor Corp. | 2,565 | 446,413 | ||||||
Reliance Steel & Aluminum Co. | 1,277 | 357,151 | ||||||
Steel Dynamics, Inc. | 3,434 | 405,555 | ||||||
2,162,138 | ||||||||
Leisure Time - 1.2% | ||||||||
Acushnet Holdings Corp. | 7,323 | 462,594 | ||||||
BRP, Inc. - SVS(b) | 2,647 | 189,763 | ||||||
Brunswick Corp. | 4,479 | 433,343 | ||||||
Harley-Davidson, Inc. | 4,453 | 164,049 | ||||||
Planet Fitness, Inc. - Class A(a)(b) | 522 | 38,106 | ||||||
YETI Holdings, Inc.(a)(b) | 10,598 | 548,764 | ||||||
1,836,619 |
Lodging - 0.8% | ||||||||
Boyd Gaming Corp. | 5,799 | 363,075 | ||||||
Choice Hotels International, Inc.(b) | 2,780 | 314,974 | ||||||
Hilton Worldwide Holdings, Inc. | 887 | 161,514 | ||||||
Marriott International, Inc. - Class A | 979 | 220,774 | ||||||
Wyndham Hotels & Resorts, Inc. | 1,292 | 103,890 | ||||||
Wynn Resorts Ltd. | 929 | 84,641 | ||||||
1,248,868 | ||||||||
Machinery - Construction & Mining - 0.6% | ||||||||
Caterpillar, Inc. | 1,537 | 454,445 | ||||||
Terex Corp. | 6,850 | 393,601 | ||||||
Vertiv Holdings Co. - Class A | 424 | 20,365 | ||||||
868,411 | ||||||||
Machinery - Diversified – 1.9% | ||||||||
AGCO Corp. | 4,581 | 556,179 | ||||||
Applied Industrial Technologies, Inc. | 1,296 | 223,806 | ||||||
Crane Co.(b) | 5,249 | 620,118 | ||||||
CSW Industrials, Inc. | 780 | 161,780 | ||||||
Esab Corp.(b) | 3,683 | 319,021 | ||||||
Gates Industrial Corp. PLC(a) | 41,934 | 562,754 | ||||||
Ingersoll Rand, Inc. | 627 | 48,492 | ||||||
Rockwell Automation, Inc. | 227 | 70,479 | ||||||
The Middleby Corp.(a)(b) | 1,613 | 237,385 | ||||||
Watts Water Technologies, Inc. - Class A | 426 | 88,753 | ||||||
2,888,767 | ||||||||
Media - 1.8% | ||||||||
Cable One, Inc. | 590 | 328,388 | ||||||
Comcast Corp. - Class A | 7,480 | 327,998 | ||||||
Fox Corp. - Class A | 21,001 | 623,101 | ||||||
Nexstar Media Group, Inc. - Class A(b) | 2,219 | 347,828 | ||||||
Sirius XM Holdings, Inc.(b) | 51,655 | 282,553 | ||||||
TEGNA, Inc. | 36,964 | 565,549 | ||||||
The New York Times Co. - Class A | 976 | 47,814 | ||||||
The Walt Disney Co. | 1,949 | 175,975 | ||||||
2,699,206 | ||||||||
Metal Fabricate & Hardware - 1.4% | ||||||||
Advanced Drainage Systems, Inc.(b) | 1,997 | 280,858 | ||||||
Mueller Industries, Inc.(b) | 12,364 | 582,962 | ||||||
The Timken Co. | 3,835 | 307,375 | ||||||
Valmont Industries, Inc.(b) | 1,803 | 421,019 | ||||||
Worthington Enterprises, Inc.(b) | 7,480 | 430,474 | ||||||
2,022,688 | ||||||||
Mining - 0.2% | ||||||||
Kinross Gold Corp. | 13,999 | 84,694 | ||||||
Royal Gold, Inc. | 2,058 | 248,935 | ||||||
Southern Copper Corp.(b) | 238 | 20,485 | ||||||
354,114 | ||||||||
Miscellaneous Manufacturing - 1.1% | ||||||||
A.O. Smith Corp. - Class A | 2,410 | 198,680 | ||||||
Carlisle Companies, Inc. | 601 | 187,770 | ||||||
Donaldson Co., Inc. | 5,745 | 375,436 | ||||||
Enpro, Inc. | 1,131 | 177,273 |
Fabrinet(a) | 487 | 92,691 | ||||||
Illinois Tool Works, Inc. | 126 | 33,004 | ||||||
ITT, Inc. | 464 | 55,364 | ||||||
John Bean Technologies Corp. | 4,006 | 398,397 | ||||||
Parker-Hannifin Corp. | 71 | 32,710 | ||||||
Textron, Inc. | 69 | 5,549 | ||||||
1,556,874 | ||||||||
Oil & Gas – 8.2% | ||||||||
APA Corp.(b) | 10,819 | 388,186 | ||||||
California Resources Corp.(b) | 10,675 | 583,709 | ||||||
Canadian Natural Resources Ltd. | 3,611 | 236,593 | ||||||
Cenovus Energy, Inc. | 14,473 | 240,975 | ||||||
Chesapeake Energy Corp.(b) | 8,522 | 655,683 | ||||||
Chord Energy Corp.(b) | 1,282 | 213,106 | ||||||
CNX Resources Corp.(a)(b) | 2,693 | 53,860 | ||||||
ConocoPhillips | 4,906 | 569,439 | ||||||
Coterra Energy, Inc. | 3,234 | 82,532 | ||||||
CVR Energy, Inc.(b) | 18,242 | 552,733 | ||||||
Devon Energy Corp. | 5,906 | 267,542 | ||||||
Enerplus Corp. | 17,940 | 275,200 | ||||||
EOG Resources, Inc. | 2,675 | 323,541 | ||||||
EQT Corp.(b) | 11,078 | 428,275 | ||||||
Exxon Mobil Corp. | 6,071 | 606,979 | ||||||
Gulfport Energy Corp.(a) | 968 | 128,938 | ||||||
Helmerich & Payne, Inc.(b) | 14,231 | 515,447 | ||||||
HF Sinclair Corp.(b) | 13,101 | 728,022 | ||||||
Imperial Oil Ltd. | 9,553 | 546,336 | ||||||
Marathon Petroleum Corp. | 4,450 | 660,202 | ||||||
Murphy Oil Corp. | 12,249 | 522,542 | ||||||
Occidental Petroleum Corp.(b) | 3,481 | 207,851 | ||||||
Phillips 66 | 4,743 | 631,483 | ||||||
Pioneer Natural Resources Co. | 2,520 | 566,698 | ||||||
Range Resources Corp.(b) | 16,700 | 508,348 | ||||||
Southwestern Energy Co.(a)(b) | 74,116 | 485,460 | ||||||
Suncor Energy, Inc. | 13,126 | 420,557 | ||||||
Valero Energy Corp. | 5,119 | 665,470 | ||||||
Weatherford International PLC(a) | 1,712 | 167,485 | ||||||
12,233,192 | ||||||||
Oil & Gas Services - 1.2% | ||||||||
Baker Hughes Co. | 13,853 | 473,496 | ||||||
ChampionX Corp. | 12,349 | 360,714 | ||||||
Halliburton Co. | 7,106 | 256,882 | ||||||
Liberty Energy, Inc. | 11,430 | 207,340 | ||||||
TechnipFMC PLC | 23,481 | 472,907 | ||||||
1,771,339 | ||||||||
Packaging & Containers - 1.9% | ||||||||
Amcor PLC | 25,337 | 244,249 | ||||||
Berry Global Group, Inc.(b) | 7,008 | 472,269 | ||||||
Crown Holdings, Inc. | 1,661 | 152,961 | ||||||
Graphic Packaging Holding Co. | 22,469 | 553,862 | ||||||
Greif, Inc. - Class A | 4,418 | 289,777 | ||||||
Packaging Corp. of America | 1,766 | 287,699 | ||||||
Sealed Air Corp. | 8,374 | 305,818 | ||||||
Sonoco Products Co. | 8,214 | 458,916 | ||||||
2,765,551 |
Pharmaceuticals - 2.7% | ||||||||
AbbVie, Inc. | 1,730 | 268,098 | ||||||
BellRing Brands, Inc.(a) | 2,241 | 124,219 | ||||||
Bristol-Myers Squibb Co. | 6,544 | 335,773 | ||||||
Cardinal Health, Inc. | 736 | 74,189 | ||||||
Cencora, Inc. | 7 | 1,438 | ||||||
CVS Health Corp. | 6,554 | 517,503 | ||||||
Jazz Pharmaceuticals PLC(a) | 3,692 | 454,116 | ||||||
Johnson & Johnson | 2,477 | 388,245 | ||||||
McKesson Corp. | 292 | 135,190 | ||||||
Merck & Co., Inc. | 3,803 | 414,603 | ||||||
Option Care Health, Inc.(a) | 3,059 | 103,058 | ||||||
Organon & Co. | 15,839 | 228,398 | ||||||
Prestige Consumer Healthcare, Inc.(a) | 4,549 | 278,490 | ||||||
The Cigna Group | 1,225 | 366,826 | ||||||
Viatris, Inc. | 34,857 | 377,501 | ||||||
4,067,647 | ||||||||
Pipelines - 0.7% | ||||||||
Cheniere Energy, Inc. | 3,351 | 572,049 | ||||||
Equitrans Midstream Corp.(b) | 2,409 | 24,524 | ||||||
Pembina Pipeline Corp.(b) | 14,986 | 515,818 | ||||||
1,112,391 | ||||||||
Retail - 6.2% | ||||||||
Abercrombie & Fitch Co. - Class A(a)(b) | 6,775 | 597,691 | ||||||
Academy Sports & Outdoors, Inc.(b) | 984 | 64,944 | ||||||
Advance Auto Parts, Inc. | 5,749 | 350,861 | ||||||
American Eagle Outfitters, Inc. | 31,541 | 667,408 | ||||||
Asbury Automotive Group, Inc.(a)(b) | 66 | 14,848 | ||||||
AutoNation, Inc.(a)(b) | 2,363 | 354,875 | ||||||
AutoZone, Inc.(a) | 68 | 175,821 | ||||||
Beacon Roofing Supply, Inc.(a) | 6,885 | 599,133 | ||||||
Best Buy Co., Inc. | 2,776 | 217,305 | ||||||
BJ's Wholesale Club Holdings, Inc.(a) | 3,889 | 259,241 | ||||||
Dick's Sporting Goods, Inc.(b) | 2,432 | 357,382 | ||||||
Dillard's, Inc. - Class B(b) | 318 | 128,361 | ||||||
Domino's Pizza, Inc. | 481 | 198,283 | ||||||
FirstCash Holdings, Inc. | 1,165 | 126,274 | ||||||
GMS, Inc.(a) | 5,722 | 471,664 | ||||||
Group 1 Automotive, Inc.(b) | 852 | 259,638 | ||||||
Kohl's Corp.(b) | 12,960 | 371,693 | ||||||
Lithia Motors, Inc. - Class B(b) | 1,566 | 515,652 | ||||||
Lowe's Companies, Inc. | 461 | 102,596 | ||||||
McDonald's Corp. | 172 | 51,000 | ||||||
MSC Industrial Direct Co., Inc. - Class A(b) | 6,199 | 627,711 | ||||||
Murphy USA, Inc. | 1,497 | 533,770 | ||||||
Nordstrom, Inc.(b) | 9,178 | 169,334 | ||||||
Ollie's Bargain Outlet Holdings, Inc.(a)(b) | 1,403 | 106,474 | ||||||
O'Reilly Automotive, Inc.(a) | 2 | 1,900 | ||||||
Restaurant Brands International, Inc. | 1,287 | 100,553 | ||||||
The Gap, Inc.(b) | 39,821 | 832,658 | ||||||
The Home Depot, Inc. | 599 | 207,583 | ||||||
The TJX Company, Inc. | 985 | 92,403 | ||||||
The Wendy's Co. | 11,750 | 228,890 | ||||||
Tractor Supply Co.(b) | 460 | 98,914 | ||||||
Williams-Sonoma, Inc.(b) | 1,389 | 280,272 | ||||||
Yum! Brands, Inc. | 728 | 95,120 | ||||||
9,260,252 |
Savings & Loans - 0.0%(c) | ||||||||
New York Community Bancorp, Inc. | 73 | 747 | ||||||
Semiconductors - 1.0% | ||||||||
Applied Materials, Inc. | 861 | 139,542 | ||||||
Broadcom, Inc. | 3 | 3,349 | ||||||
Diodes, Inc.(a) | 2,534 | 204,038 | ||||||
IPG Photonics Corp.(a) | 4,616 | 501,020 | ||||||
KLA Corp. | 189 | 109,866 | ||||||
Lam Research Corp. | 132 | 103,390 | ||||||
Microchip Technology, Inc. | 171 | 15,421 | ||||||
QUALCOMM, Inc. | 604 | 87,357 | ||||||
Skyworks Solutions, Inc. | 3,273 | 367,950 | ||||||
1,531,933 | ||||||||
Software - 0.9% | ||||||||
Concentrix Corp. | 5,358 | 526,209 | ||||||
Dropbox, Inc. - Class A(a) | 2,460 | 72,521 | ||||||
Electronic Arts, Inc. | 692 | 94,673 | ||||||
Fiserv, Inc.(a) | 1,867 | 248,012 | ||||||
Salesforce, Inc.(a) | 137 | 36,050 | ||||||
SS&C Technologies Holdings, Inc. | 4,072 | 248,840 | ||||||
Verra Mobility Corp.(a) | 6,277 | 144,559 | ||||||
1,370,864 | ||||||||
Telecommunications - 2.8% | ||||||||
AT&T, Inc. | 32,151 | 539,494 | ||||||
Cisco Systems, Inc. | 10,771 | 544,151 | ||||||
Corning, Inc. | 4,935 | 150,271 | ||||||
Extreme Networks, Inc.(a) | 4,272 | 75,358 | ||||||
InterDigital, Inc.(b) | 4,874 | 529,024 | ||||||
Iridium Communications, Inc. | 825 | 33,957 | ||||||
Juniper Networks, Inc. | 18,325 | 540,221 | ||||||
TELUS Corp. | 8,418 | 149,756 | ||||||
T-Mobile US, Inc. | 3,694 | 592,259 | ||||||
United States Cellular Corp.(a) | 9,282 | 385,574 | ||||||
Verizon Communications, Inc. | 15,867 | 598,186 | ||||||
4,138,251 | ||||||||
Toys & Games & Hobbies - 0.3% | ||||||||
Hasbro, Inc. | 3,169 | 161,809 | ||||||
Mattel, Inc.(a) | 14,712 | 277,763 | ||||||
439,572 | ||||||||
Transportation - 1.7% | ||||||||
C.H. Robinson Worldwide, Inc. | 7,261 | 627,277 | ||||||
CSX Corp. | 4,746 | 164,544 | ||||||
Expeditors International of Washington, Inc. | 768 | 97,690 | ||||||
FedEx Corp. | 867 | 219,325 | ||||||
Forward Air Corp. | 4,057 | 255,064 | ||||||
Hub Group, Inc. - Class A(a) | 5,604 | 515,231 | ||||||
Landstar System, Inc. | 1,812 | 350,894 | ||||||
Matson, Inc. | 933 | 102,257 | ||||||
XPO, Inc.(a) | 2,703 | 236,756 | ||||||
2,569,038 | ||||||||
TOTAL COMMON STOCKS (Cost $132,192,825) | 148,008,213 | |||||||
SHORT-TERM INVESTMENTS - 15.2% | ||||||||
Investments Purchased with Proceeds from Securities Lending - 15.1% | ||||||||
Mount Vernon Liquid Assets Portfolio, LLC, 4.93%(d) | 22,420,438 | 22,420,438 |
Money Market Funds - 0.1% | ||||||||
First American Government Obligations Fund - Class X, 5.25%(d) | 214,302 | 214,302 | ||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $22,634,740) | 22,634,740 | |||||||
TOTAL INVESTMENTS - 115.0% (Cost $154,827,565) | $ | 170,642,953 | ||||||
Liabilities in Excess of Other Assets - (15.0)% | (22,307,202 | ) | ||||||
TOTAL NET ASSETS - 100.0% | $ | 148,335,751 |
Percentages are stated as a percent of net assets.
PLC - Public Limited Company |
SA - Sociedad Anónima |
SVS – Subordinate Voting Shares |
(a) | Non-income producing security. |
(b) | All or a portion of this security is on loan as of December 31, 2023. The total market value of these securities was $21,750,832 which represented 14.7% of net assets. |
(c) | Represents less than 0.05% of net assets. |
(d) | The rate shown represents the 7-day effective yield as of December 31, 2023. |
Summary of Fair Value Exposure at December 31, 2023 (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 December 31, 2023:
Gotham 1000 Value ETF | ||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investments: | ||||||||||||||||
Common Stocks | $ | 148,008,213 | $ | — | $ | — | $ | 148,008,213 | ||||||||
Investments Purchased with Proceeds from Securities Lending(a) | — | — | — | 22,420,438 | ||||||||||||
Money Market Funds | 214,302 | — | — | 214,302 | ||||||||||||
Total Investments | $ | 148,222,515 | $ | — | $ | — | $ | 170,642,953 |
Refer to the Schedule of Investments for industry classifications. |
(a) | 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 listed in the Schedule of Investments. |