Texas
Capital
Texas
Equity
Index
ETF
Schedule
of
Investments
September
30,
2023
-
(Unaudited)
COMMON
STOCKS
—
99.90%
Shares
Fair
Value
Communications
—
1.80%
AST
SpaceMobile,
Inc.,
Class
A
(a)
1,482
$
5,632
AT&T,
Inc.
14,610
219,442
Clear
Channel
Outdoor
Holdings,
Inc.
(a)
5,704
9,012
iHeartMedia,
Inc.,
Class
A
(a)
2,085
6,589
Match
Group,
Inc.
(a)
523
20,489
Nexstar
Media
Group,
Inc.
65
9,319
Thryv
Holdings,
Inc.
(a)
394
7,395
277,878
Consumer
Discretionary
—
20.34%
Academy
Sports
&
Outdoors,
Inc.
4,380
207,043
Brinker
International,
Inc.
(a)
3,029
95,686
Builders
FirstSource,
Inc.
(a)
135
16,806
Chuy's
Holdings,
Inc.
(a)
1,022
36,363
Cinemark
Holdings,
Inc.
(a)
453
8,313
Copart,
Inc.
(a)
1,806
77,821
D.R.
Horton,
Inc.
2,758
296,402
Dave
&
Buster's
Entertainment,
Inc.
(a)
1,394
51,676
European
Wax
Center,
Inc.,
Class
A
(a)
906
14,677
Forestar
Group,
Inc.
(a)
280
7,543
GameStop
Corp.,
Class
A
(a)
16,362
269,319
Green
Brick
Partners,
Inc.
(a)
387
16,064
Group
1
Automotive,
Inc.
822
220,880
LGI
Homes,
Inc.
(a)
191
19,003
RCI
Hospitality
Holdings,
Inc.
474
28,753
Rush
Enterprises,
Inc.,
Class
A
4,366
178,264
Sally
Beauty
Holdings,
Inc.
(a)
5,606
46,978
Service
Corporation
International
4,461
254,902
Six
Flags
Entertainment
Corp.
(a)
2,316
54,449
Target
Hospitality
Corp.
(a)
517
8,210
Tesla,
Inc.
(a)
3,100
775,681
Upbound
Group,
Inc.
332
9,777
Wingstop,
Inc.
2,106
378,742
XPEL,
Inc.
(a)
638
49,196
YETI
Holdings,
Inc.
(a)
176
8,487
3,131,035
Consumer
Staples
—
2.88%
Darling
Ingredients,
Inc.
(a)
186
9,709
Kimberly-Clark
Corp.
390
47,132
Quanex
Building
Products
Corp.
269
7,578
Sysco
Corp.
5,647
372,984
Vital
Farms,
Inc.
(a)
557
6,450
443,853
Energy
—
21.20%
APA
Corp.
756
31,072
Texas
Capital
Texas
Equity
Index
ETF
Schedule
of
Investments
(continued)
September
30,
2023
-
(Unaudited)
COMMON
STOCKS
—
99.90%
-
(continued)
Shares
Fair
Value
Energy
—
21.20%
-
(continued)
Archrock,
Inc.
655
$
8,253
Atlas
Energy
Solutions,
Inc.
368
8,181
Baker
Hughes
Co.
2,492
88,016
Berry
Corp.
954
7,823
Callon
Petroleum
Co.
(a)
198
7,746
ChampionX
Corp.
235
8,371
Cheniere
Energy,
Inc.
2,691
446,599
Chord
Energy
Corp.
105
17,017
Comstock
Resources,
Inc.
682
7,522
ConocoPhillips
2,796
334,961
Coterra
Energy,
Inc.
1,815
49,096
Crescent
Energy
Co.,
Class
A
604
7,635
CVR
Energy,
Inc.
235
7,997
Denbury,
Inc.
(a)
122
11,957
Diamond
Offshore
Drilling,
Inc.
(a)
538
7,898
Diamondback
Energy,
Inc.
411
63,656
Dril-Quip,
Inc.
(a)
281
7,916
Earthstone
Energy,
Inc.,
Class
A
(a)
383
7,752
EOG
Resources,
Inc.
1,420
179,999
Excelerate
Energy,
Inc.,
Class
A
395
6,731
Expro
Group
Holdings
N.V.
(a)
833
19,351
Exxon
Mobil
Co.
4,657
547,570
Halliburton
Co.
1,817
73,588
Helix
Energy
Solutions
Group,
Inc.
(a)
778
8,690
Hess
Midstream
LP,
Class
A
261
7,603
HF
Sinclair
Corp.
181
10,304
Kinder
Morgan,
Inc.
14,754
244,621
Kinetik
Holdings,
Inc.,
Class
A
249
8,404
Kodiak
Gas
Services,
Inc.
(a)
447
7,992
Magnolia
Oil
&
Gas
Corp.,
Class
A
435
9,966
Marathon
Oil
Corp.
1,404
37,557
Matador
Resources
Co.
261
15,524
MRC
Global,
Inc.
(a)
909
9,317
Murphy
Oil
Corp.
336
15,238
Newpark
Resources,
Inc.
(a)
1,305
9,018
Noble
Corp.
plc
270
13,676
NOV,
Inc.
458
9,572
NOW,
Inc.
(a)
1,172
13,912
Occidental
Petroleum
Corp.
1,622
105,235
Oceaneering
International,
Inc.
(a)
337
8,668
Oil
States
International,
Inc.
(a)
983
8,228
Par
Pacific
Holdings,
Inc.
(a)
221
7,943
Patterson-UTI
Energy,
Inc.
587
8,124
Permian
Resources
Corp.,
Class
A
596
8,320
Phillips
66
476
57,191
Texas
Capital
Texas
Equity
Index
ETF
Schedule
of
Investments
(continued)
September
30,
2023
-
(Unaudited)
COMMON
STOCKS
—
99.90%
-
(continued)
Shares
Fair
Value
Energy
—
21.20%
-
(continued)
Pioneer
Natural
Resources
Co.
573
$
131,532
ProPetro
Holding
Corp.
(a)
839
8,919
Range
Resources
Corp.
573
18,571
Ring
Energy,
Inc.
(a)
4,069
7,935
Schlumberger
Ltd.
3,516
204,982
Select
Water
Solutions,
Inc.,
Class
A
965
7,672
SilverBow
Resources,
Inc.
(a)
197
7,047
Southwestern
Energy
Co.
(a)
2,471
15,938
Sunnova
Energy
International,
Inc.
(a)
475
4,973
Talos
Energy,
Inc.
(a)
477
7,842
Targa
Resources
Corp.
1,570
134,580
Tellurian,
Inc.
(a)
5,819
6,750
TETRA
Technologies,
Inc.
(a)
1,463
9,334
Thermon
Group
Holdings,
Inc.
(a)
316
8,681
Tidewater,
Inc.
(a)
129
9,168
U.S.
Silica
Holdings,
Inc.
(a)
586
8,227
VAALCO
Energy,
Inc.
1,798
7,893
Valero
Energy
Corp.
378
53,566
Vertex
Energy,
Inc.
(a)
1,295
5,763
W&T
Offshore,
Inc.
(a)
1,811
7,932
Weatherford
International
plc
(a)
167
15,085
3,264,200
Financials
—
6.47%
Applied
Digital
Corp.
(a)
1,014
6,327
Avantax,
Inc.
(a)
452
11,562
Charles
Schwab
Corp.
(The)
10,250
562,725
Comerica,
Inc.
900
37,395
Corebridge
Financial,
Inc.
1,148
22,673
Cullen/Frost
Bankers,
Inc.
395
36,028
EZCORP,
Inc.,
Class
A
(a)
905
7,466
First
Financial
Bankshares,
Inc.
960
24,115
First
Foundation,
Inc.
1,012
6,153
FirstCash
Holdings,
Inc.
259
25,999
Globe
Life,
Inc.
649
70,565
Goosehead
Insurance,
Inc.,
Class
A
(a)
139
10,360
Hilltop
Holdings,
Inc.
322
9,132
Independent
Bank
Group,
Inc.
256
10,125
International
Bancshares
Corp.
378
16,383
Mr.
Cooper
Group,
Inc.
(a)
453
24,263
National
Western
Life
Group,
Inc.,
Class
A
10
4,375
P10,
Inc.,
Class
A
686
7,992
Prosperity
Bancshares,
Inc.
587
32,038
Skyward
Specialty
Insurance
Group,
Inc.
(a)
324
8,865
Southside
Bancshares,
Inc.
260
7,462
Stellar
Bancorp,
Inc.
330
7,036
Texas
Capital
Texas
Equity
Index
ETF
Schedule
of
Investments
(continued)
September
30,
2023
-
(Unaudited)
COMMON
STOCKS
—
99.90%
-
(continued)
Shares
Fair
Value
Financials
—
6.47%
-
(continued)
Stewart
Information
Services
Corp.
193
$
8,453
TPG,
Inc.,
Class
A
450
13,554
Triumph
Financial,
Inc.
(a)
139
9,006
Veritex
Holdings,
Inc.
393
7,054
Victory
Capital
Holdings,
Inc.,
Class
A
259
8,635
995,741
Health
Care
—
10.51%
Addus
HomeCare
Corp.
(a)
915
77,949
agilon
health,
inc.
(a)
18,831
334,439
Cassava
Sciences,
Inc.
(a)
510
8,487
Castle
Biosciences,
Inc.
(a)
444
7,499
Enhabit,
Inc.
(a)
3,089
34,751
Integer
Holdings
Corp.
(a)
77
6,039
LivaNova
plc
(a)
149
7,879
McKesson
Corp.
1,490
647,926
Natera,
Inc.
(a)
136
6,018
Taysha
Gene
Therapies,
Inc.
(a)
2,215
6,999
Tenet
Healthcare
Corp.
(a)
6,157
405,685
U.S.
Physical
Therapy,
Inc.
806
73,934
1,617,605
Industrials
—
13.07%
AECOM
1,780
147,811
Alamo
Group,
Inc.
51
8,816
American
Airlines
Group,
Inc.
(a)
4,584
58,721
AMN
Healthcare
Services,
Inc.
(a)
329
28,024
Arcosa,
Inc.
441
31,708
AZZ,
Inc.
178
8,113
Bristow
Group,
Inc.
(a)
297
8,367
Cactus,
Inc.,
Class
A
143
7,180
Caterpillar,
Inc.
605
165,165
CECO
Environmental
Corp.
(a)
580
9,263
Comfort
Systems
USA,
Inc.
323
55,042
CSW
Industrials,
Inc.
49
8,587
DXP
Enterprises,
Inc.
(a)
221
7,722
Evolv
Technologies
Holdings,
Inc.,
Class
A
(a)
1,226
5,958
Flowserve
Corp.
197
7,835
Fluor
Corp.
(a)
1,734
63,638
Great
Lakes
Dredge
&
Dock
Corp.
(a)
954
7,603
Insperity,
Inc.
448
43,725
Jacobs
Solutions,
Inc.
1,487
202,975
KBR,
Inc.
1,666
98,194
Kirby
Corp.
(a)
452
37,426
Lennox
International,
Inc.
42
15,726
National
Instruments
Corp.
139
8,287
Powell
Industries,
Inc.
106
8,788
Texas
Capital
Texas
Equity
Index
ETF
Schedule
of
Investments
(continued)
September
30,
2023
-
(Unaudited)
COMMON
STOCKS
—
99.90%
-
(continued)
Shares
Fair
Value
Industrials
—
13.07%
-
(continued)
Primoris
Services
Corp.
456
$
14,925
Quanta
Services,
Inc.
1,288
240,947
Southwest
Airlines
Co.
4,449
120,434
Sterling
Infrastructure,
Inc.
(a)
259
19,031
Trinity
Industries,
Inc.
326
7,938
Waste
Management,
Inc.
3,704
564,637
2,012,586
Materials
—
0.47%
ATI,
Inc.
(a)
187
7,695
Celanese
Corp.
119
14,936
Commercial
Metals
Co.
146
7,214
Eagle
Materials,
Inc.
48
7,993
Encore
Wire
Corp.
51
9,305
Huntsman
Corp.
313
7,637
Uranium
Energy
Corp.
(a)
1,790
9,219
Westlake
Corp.
65
8,104
72,103
Real
Estate
—
12.35%
Camden
Property
Trust
1,283
121,346
CBRE
Group,
Inc.,
Class
A
(a)
3,543
261,686
Crown
Castle,
Inc.
5,682
522,914
Digital
Realty
Trust,
Inc.
3,811
461,206
Howard
Hughes
Holdings,
Inc.
(a)
581
43,070
Invitation
Homes,
Inc.
7,469
236,693
NETSTREIT
Corp.
782
12,184
NexPoint
Residential
Trust,
Inc.
267
8,592
Spirit
Realty
Capital,
Inc.
1,730
58,007
Summit
Hotel
Properties,
Inc.
1,296
7,517
Texas
Pacific
Land
Corp.
92
167,768
1,900,983
Technology
—
8.95%
Alkami
Technology,
Inc.
(a)
471
8,582
Applied
Optoelectronics,
Inc.
(a)
663
7,273
Asure
Software,
Inc.
(a)
688
6,508
BigCommerce
Holdings,
Inc.
(a)
769
7,590
Bumble,
Inc.,
Class
A
(a)
455
6,789
Cirrus
Logic,
Inc.
(a)
110
8,136
CrowdStrike
Holdings,
Inc.,
Class
A
(a)
2,822
472,346
Dell
Technologies,
Inc.,
Class
C
304
20,946
Digital
Turbine,
Inc.
(a)
860
5,203
Diodes,
Inc.
(a)
75
5,913
E2open
Parent
Holdings,
Inc.,
Class
A
(a)
1,464
6,647
Green
Dot
Corp.,
Class
A
(a)
424
5,906
Hewlett
Packard
Enterprise
Co.
1,504
26,124
Omnicell,
Inc.
(a)
528
23,781
Texas
Capital
Texas
Equity
Index
ETF
Schedule
of
Investments
(continued)
September
30,
2023
-
(Unaudited)
COMMON
STOCKS
—
99.90%
-
(continued)
Shares
Fair
Value
Technology
—
8.95%
-
(continued)
Open
Lending
Corp.
(a)
761
$
5,571
Oracle
Corp.
3,209
339,897
PROS
Holdings,
Inc.
(a)
242
8,378
Q2
Holdings,
Inc.
(a)
247
7,971
Rackspace
Technology,
Inc.
(a)
3,298
7,750
Sabre
Corp.
(a)
1,622
7,283
Silicon
Laboratories,
Inc.
(a)
63
7,301
SolarWinds
Corp.
(a)
769
7,259
TaskUs,
Inc.,
Class
A
(a)
675
7,007
Texas
Instruments,
Inc.
1,070
170,140
Tyler
Technologies,
Inc.
(a)
512
197,704
1,378,005
Utilities
—
1.86%
Atmos
Energy
Corp.
775
82,096
CenterPoint
Energy,
Inc.
3,459
92,874
NRG
Energy,
Inc.
1,224
47,148
Vistra
Corp.
1,953
64,801
286,919
Total
Common
Stocks
(Cost $16,016,224)
15,380,908
MONEY
MARKET
FUNDS
-
0.26%
State
Street
Institutional
U.S.
Government
Money
Market
Fund,
Opportunity
Class,
5.26%
(b)
40,047
40,047
Total
Money
Market
Funds
(Cost
$40,047)
40,047
Total
Investments
—
100.16%
(Cost
$16,056,271)
15,420,955
Liabilities
in
Excess
of
Other
Assets — (0.16)%
(24,453)
NET
ASSETS
—
100.00%
$
15,396,502
(a)
Non-income
producing
security.
(b)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
September
30,
2023.
REIT
-
Real
Estate
Investment
Trust