Leatherback Long/Short Alternative Yield ETF (LBAY) NPORT-P Robinson Alternative Yield Pre-Merger Spac ETF (Jul 2024 report)

Robinson Alternative Yield Pre-Merger SPAC ETF

Schedule of Investments

July 31, 2024 (Unaudited)

COMMON STOCKS - 79.4%	Shares		Value
Special Purpose Acquisition Companies (SPACs) - 79.4%(a)
Agriculture & Natural Solutions Acquisition Corp. - Class A (b)		22,212	$	228,895
Alchemy Investments Acquisition Corp. 1 - Class A (b)		765		8,247
Ares Acquisition Corp. II - Class A (b)		25,040		269,180
Arogo Capital Acquisition Corp. - Class A (b)		27,324		300,837
Bannix Acquisition Corp. (b)		21,697		239,426
Bayview Acquisition Corp. - Class A (b)		17,533		180,765
Berenson Acquisition Corp. I - Class A (b)		38,437		407,432
bleuacacia ltd. - Class A (b)		19,105		207,480
BurTech Acquisition Corp. - Class A (b)(c)		2,703		30,233
byNordic Acquisition Corp. - Class A (b)		6,047		68,633
Capitalworks Emerging Markets Acquisition Corp. - Class A (b)		30,182		334,266
CF Acquisition Corp. VII - Class A (b)		20,004		220,344
Churchill Capital Corp. IX - Class A (b)		30,940		310,019
Clean Energy Special Situations Corp. (b)		258		2,740
Coliseum Acquisition Corp. - Class A (b)		3,734		41,074
Concord Acquisition Corp. II - Class A (b)		3,720		39,209
Corner Growth Acquisition Corp. 2 - Class A (b)		4,078		47,876
dMY Squared Technology Group, Inc. - Class A (b)		26,462		284,202
ESH Acquisition Corp. - Class A (b)		37,748		399,374
Focus Impact BH3 Acquisition Co. - Class A (b)		609		7,089
FTAC Emerald Acquisition Corp. - Class A (b)(c)		34,764		381,361
Future Health ESG Corp. (b)		956		10,478
Generation Asia I Acquisition Ltd. - Class A (b)		9,153		103,017
Global Lights Acquisition Corp. (b)		25,000		259,250
Gores Holdings IX, Inc. - Class A (b)		21,900		232,140
GP-Act III Acquisition Corp. - Class A (b)		33,500		335,503
Haymaker Acquisition Corp. 4 - Class A (b)		1,284		13,578
Healthcare AI Acquisition Corp. - Class A (b)(c)		37,530		426,153
Hennessy Capital Investment Corp. VI - Class A (b)		30,000		319,200
IB Acquisition Corp. (b)(c)		30,000		300,300
Inflection Point Acquisition Corp. II - Class A (b)		3,590		38,234
International Media Acquisition Corp. - Class A (b)		7,795		89,331
Investcorp India Acquisition Corp. - Class A (b)		803		9,162
Iron Horse Acquisitions Corp. (b)		31,262		316,215
JVSPAC Acquisition Corp. - Class A (b)		25,909		265,567
Kensington Capital Acquisition Corp. V - Class A (b)		34,776		386,709
Legato Merger Corp. III (b)		192		1,954
Melar Acquisition Corp. I - Class A (b)		25,002		249,270
Metal Sky Star Acquisition Corp. (b)		1,863		21,238
Mountain Crest Acquisition Corp. V (b)		2,927		31,816
Nabors Energy Transition Corp. II - Class A (b)		23,060		244,667
Northern Star Investment Corp. III - Class A (d)		45,040		0
Northern Star Investment Corp. IV - Class A (d)		42,708		0
Onyx Acquisition Co. I - Class A (b)(c)		21,289		240,353
Papaya Growth Opportunity Corp. I - Class A (b)		7,605		85,176
Pearl Holdings Acquisition Corp. - Class A (b)		25,717		284,430
Plum Acquisition Corp. III - Class A (b)		36,365		392,742
PowerUp Acquisition Corp. - Class A (b)		4,488		50,490
Qomolangma Acquisition Corp. (b)		11,792		141,150
Quetta Acquisition Corp. (b)		20,062		207,642
RMG Acquisition Corp. III - Class A (b)		7,673		76,730
Roth CH Acquisition V Co. (b)(c)		7,075		78,320
SilverBox Corp. III - Class A (b)		25,273		269,157
Spark I Acquisition Corp. - Class A (b)		10,184		106,117
Spree Acquisition Corp. 1 Ltd. - Class A (b)		40,000		436,400

Swiftmerge Acquisition Corp. - Class A (b)	19,323	211,877
Target Global Acquisition I Corp. - Class A (b)	23,272	264,370
Trailblazer Merger Corp. I (b)	1,911	20,734
Valuence Merger Corp. I - Class A (b)	291	3,344
Welsbach Technology Metals Acquisition Corp. (b)	35,562	396,516
		10,928,012
TOTAL COMMON STOCKS (Cost $10,685,375)		10,928,012
UNIT INVESTMENT TRUST - 9.1%	Units
Centurion Acquisition Corp. (b)	20,000	200,400
Flag Ship Acquisition Corp. (b)	20,000	202,000
Launch One Acquisition Corp. (b)	25,000	249,000
Lionheart Holdings (b)	15,000	150,000
RF Acquisition Corp. II (b)	20,000	202,800
SIM Acquisition Corp. I (b)	25,000	249,000
TOTAL UNIT INVESTMENT TRUST (Cost $1,250,047)		1,253,200
RIGHTS - 0.2%	Contracts
Special Purpose Acquisition Companies (SPACs) - 0.2%
ESH Acquisition Corp., Expires 12/13/2024, Exercise Price $10.00 (b)	16,988	2,203
Iron Horse Acquisitions Corp., Expires 06/27/2025, Exercise Price $1.00 (b)	24,899	5,729
JVSPAC Acquisition Corp., Expires 11/26/2026, Exercise Price $10.00 (b)	35,000	11,725
TMT Acquisition Corp., Expires 03/27/2028, Exercise Price $10.00 (b)	17,850	6,021
Total Special Purpose Acquisition Companies (SPACs)		25,678
TOTAL RIGHTS (Cost $20,196)		25,678

WARRANTS - 0.1%	Shares
Aetherium Acquisition Corp., Expires 01/28/2028, Exercise Price $11.50 (b)	3,193		100
Alchemy Investments Acquisition Corp. 1, Expires 06/26/2028, Exercise Price $11.50 (b)	546		71
Arogo Capital Acquisition Corp., Expires 03/23/2028, Exercise Price $11.50 (b)	3,915		124
Ault Disruptive Technologies Corp., Expires 06/20/2028, Exercise Price $11.50 (b)	4,942		519
Borealis Foods, Inc., Expires 08/26/2026, Exercise Price $11.50 (b)	2,444		162
BurTech Acquisition Corp., Expires 12/18/2026, Exercise Price $11.50 (b)	6,459		1,679
Canna-Global Acquisition Corp., Expires 02/09/2028, Exercise Price $11.50 (b)	1,211		20
CERo Therapeutics Holdings, Inc., Expires 02/14/2029, Exercise Price $11.50 (b)	355		13
CF Acquisition Corp. VII, Expires 03/15/2026, Exercise Price $11.50 (b)	1,346		114
Electriq Power Holdings, Inc., Expires 07/31/2028, Exercise Price $11.50 (b)	618		0
Envoy Medical, Inc., Expires 09/29/2028, Exercise Price $11.50 (b)	965		48
EVe Mobility Acquisition Corp., Expires 12/31/2028, Exercise Price $11.50 (b)	3,254		273
Finnovate Acquisition Corp., Expires 09/30/2026, Exercise Price $11.50 (b)	554		7
Focus Impact BH3 Acquisition Co., Expires 11/23/2026, Exercise Price $11.50 (b)	3,154		221
FTAC Emerald Acquisition Corp., Expires 08/22/2028, Exercise Price $11.50 (b)	807		125
Getaround, Inc., Expires 03/09/2026, Exercise Price $11.50 (b)	777		10
Golden Arrow Merger Corp., Expires 07/31/2026, Exercise Price $11.50 (b)	691		125
GP-Act III Acquisition Corp., Expires 12/31/2027, Exercise Price $11.50 (b)	16,750		2,680
Haymaker Acquisition Corp. 4, Expires 09/12/2028, Exercise Price $11.50 (b)	3,891		855
Healthcare AI Acquisition Corp., Expires 12/14/2026, Exercise Price $11.50 (b)	1,467		73
Inflection Point Acquisition Corp. II, Expires 07/17/2028, Exercise Price $11.50 (b)	3,988		497
Investcorp India Acquisition Corp., Expires 06/28/2027, Exercise Price $11.50 (b)	4,724		172
Iron Horse Acquisitions Corp., Expires 02/16/2029, Exercise Price $11.50 (b)	24,899		931
Northern Star Investment Corp. IV, Expires 12/31/2027, Exercise Price $11.50 (b)(d)	675		0
Pearl Holdings Acquisition Corp., Expires 12/15/2026, Exercise Price $11.50 (b)	3,904		206
Southport Acquisition Corp., Expires 05/24/2028, Exercise Price $11.50 (b)	4,952		17
Spree Acquisition Corp. 1 Ltd., Expires 12/22/2028, Exercise Price $11.50 (b)	1,619		41
Stardust Power, Inc., Expires 12/31/2027, Exercise Price $11.50 (b)	691		297
Swiftmerge Acquisition Corp., Expires 06/17/2028, Exercise Price $11.50 (b)	3,615		221
Syntec Optics Holdings, Inc., Expires 11/08/2026, Exercise Price $11.50 (b)	217		24
Target Global Acquisition I Corp., Expires 12/31/2027, Exercise Price $11.50 (b)	1,459		223
TG Venture Acquisition Corp., Expires 08/15/2028, Exercise Price $11.50 (b)	2,539		18
Thunder Bridge Capital Partners IV, Inc., Expires 04/30/2028, Exercise Price $11.50 (b)	80		16
Tristar Acquisition I Corp. - Class A, Expires 12/31/2028, Exercise Price $11.50 (b)	998		185
Volato Group, Inc., Expires 12/03/2028, Exercise Price $11.50 (b)	4,276		56
Zalatoris Acquisition Corp., Expires 12/31/2027, Exercise Price $11.50 (b)	335		11
Zapata Computing Holdings, Inc., Expires 03/23/2028, Exercise Price $11.50 (b)	4,195		251
TOTAL WARRANTS (Cost $20,973)			10,385
SHORT-TERM INVESTMENTS - 14.6%
Investments Purchased with Proceeds from Securities Lending - 1.9%
Mount Vernon Liquid Assets Portfolio, LLC 5.51%(e)	260,600		260,600
Money Market Funds - 12.7%
First American Government Obligations Fund - Class X, 5.23% (e)	1,751,596		1,751,596
TOTAL SHORT-TERM INVESTMENTS (Cost $2,012,196)			2,012,196
TOTAL INVESTMENTS - 103.4% (Cost $13,988,787)		$	14,229,471
Liabilities in Excess of Other Assets - (3.4)%			(468,214	)
TOTAL NET ASSETS - 100.0%		$	13,761,257

Percentages are stated as a percent of net assets.

(a)	To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(b)	Non-income producing security.
(c)	All or a portion of this security is on loan as of July 31, 2024. The total market value of these securities was $252,870 which represented 1.8% of net assets.
(d)	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 July 31, 2024.
(e)	The rate shown represents the 7-day annualized effective yield as of July 31, 2024.

Summary of Fair Value Exposure at July 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 July 31, 2024:

Robinson Alternative Yield Pre-Merger SPAC ETF

	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks	$	7,211,462	$	3,716,550	$	0	$	10,928,012
Unit Investment Trust		1,253,200		—		—		1,253,200
Rights		5,730		19,948		—		25,678
Warrants		6,437		3,948		0		10,385
Investments Purchased with Proceeds from Securities Lending(a)		—		—		—		260,600
Money Market Funds		1,751,596		—		—		1,751,596
Total Assets	$	10,228,425	$	3,740,446	$	0	$	14,229,471

Refer to the Schedule of Investments for further disaggregation of investment categories.

(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.

	Common
	Stocks(b)		Warrants(b)		Total
Balance as of April 30, 2024	$	0	$	0	$	0
Accrued discounts/premiums		—		—		—
Realized gain (loss)		—		—		—
Change in unrealized appreciation/depreciation		—		—		—
Purchases		—		—		—
Sales		—		—		—
Transfer into and/or out of Level 3		—		—		—
Balance as of July 31, 2024	$	0	$	0	$	0
Change in unrealized appreciation/depreciation during the period for Level 3 investments held at July 31, 2024:	$	0	$	0	$	0

(b) These securities (Northern Star Investment Corp.) are held after the final distribution from the company’s trust account was made to shareholders of record. These securities (Northern Star Investment Corp.) remain outstanding following the distribution as the company’s amended and restated certificate of incorporation allowed shareholders to continue to hold the securities so they could be able to participate in a transaction that the company may potentially enter into in the future. The securities (Northern Star Investment Corp.) are valued at estimated proceeds based on market information of any potential transaction. These securities (Northern Star Investment Corp.) transferred to Level 3 due to the final distribution of trust assets and the use of an estimated proceeds valuation technique.