Engine No. 1 Transform 500 ETF (VOTE) NPORT-P Engine No. 1 Transform Supply Chain ETF (Jul 2023 report)

Schedule of Investments Engine No. 1 Transform Supply Chain ETF July 31, 2023 (Unaudited)

Investments	Shares		Value
COMMON STOCKS - 98.4%
Automobiles - 1.0%
General Motors Co.		2,697	$	103,484
Building Products - 4.1%
Advanced Drainage Systems, Inc.		1,934		235,928
Trane Technologies plc		1,070		213,401
				449,329
Commercial Services & Supplies - 13.5%
GFL Environmental, Inc.		16,073		548,732
Waste Management, Inc.		5,543		907,888
				1,456,620
Construction & Engineering - 6.1%
WillScot Mobile Mini Holdings Corp.*		13,710		657,395
Construction Materials - 11.1%
Martin Marietta Materials, Inc.		1,808		807,200
Vulcan Materials Co.		1,814		399,987
				1,207,187
Electrical Equipment - 6.1%
Emerson Electric Co.		4,122		376,544
Rockwell Automation, Inc.		850		285,847
				662,391
Ground Transportation - 12.9%
Canadian Pacific Kansas City Ltd.		4,595		378,123
CSX Corp.		15,804		526,589
Saia, Inc.*		1,155		488,727
				1,393,439
Industrial Conglomerates - 1.6%
Siemens AG		1,037		176,705
Life Sciences Tools & Services - 2.4%
Agilent Technologies, Inc.		2,131		259,492
Machinery - 3.2%
Deere & Co.		447		192,031
Xylem, Inc./NY		1,381		155,708
				347,739
Metals & Mining - 1.6%
Capstone Copper Corp.*		33,124		173,074

Investments	Shares		Value
Semiconductors & Semiconductor Equipment - 24.6%
Analog Devices, Inc.		531	$	105,950
First Solar, Inc.*		1,200		248,880
Lam Research Corp.		830		596,347
Micron Technology, Inc.		9,479		676,706
NVIDIA Corp.		696		325,234
Taiwan Semiconductor Manufacturing Co. Ltd. ADR		7,098		703,767
				2,656,884
Trading Companies & Distributors - 10.2%
Ferguson plc		2,743		443,323
United Rentals, Inc.		629		292,284
WESCO International, Inc.		2,119		372,033
				1,107,640
Total Common Stocks
(Cost $9,799,829)				10,651,379
Total Investments - 98.4%
(Cost $9,799,829)			$	10,651,379
Other Assets Less Liabilities – 1.6%				177,856
Net Assets - 100.0%			$	10,829,235

* Non-income producing security.

Engine No. 1 Transform Supply Chain ETF invested, as a percentage of net assets, in the following countries of July 31, 2023:

United States	74.0	%
Canada	10.2	%
Taiwan	6.5	%
United Kingdom	4.1	%
Ireland	2.0	%
Germany	1.6	%
Other(1)	1.6	%
Total	100.0	%

(1) Includes cash and net other assets (liabilities).

Schedule of Investments (concluded) Engine No. 1 Transform Supply Chain ETF July 31, 2023 (Unaudited)

Fair Value Measurement

The Fund discloses the fair market value of its investments in a hierarchy that distinguishes between: (1) market participant assumptions developed based on market data obtained from sources independent of the Fund (observable inputs) and (2) the Fund’s own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs).

The three levels defined by the hierarchy are as follows:

● Level 1 — Quoted prices in active markets for identical assets that the Fund has the ability to access.

● Level 2 — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

● Level 3 — Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the valuations as of July 31, 2023 for the Fund based upon the three levels defined above:

Engine No. 1 Transform Supply Chain ETF	Level 1		Level 2		Level 3		Total
Investments
Assets
Common Stocks*	$	10,651,379	$	-	$	-	$	10,651,379
Total Investments	$	10,651,379	$	-	$	-	$	10,651,379

* Please refer to the Schedule of Investments to view securities segregated by industry type.