1

Convergence

Long/Short

Equity

ETF

Schedule

of

Investments

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

117

.66

%

Accommodation

—

0

.54

%

Hyatt

Hotels

Corp.

(a)

...................................

1,405

$

125,916‌

Administrative

and

Support

Services

—

3

.16

%

Mastercard,

Inc.

.......................................

607

196,893‌

Visa,

Inc.

............................................

1,270

252,362‌

WEX,

Inc.

(a)

.........................................

1,875

289,219‌

738,474‌

Ambulatory

Health

Care

Services

—

0

.25

%

Privia

Health

Group,

Inc.

(a)

..............................

1,459

58,054‌

Animal

Production

and

Aquaculture

—

0

.92

%

Cal-Maine

Foods,

Inc.

...................................

4,000

214,440‌

Broadcasting

(except

Internet)

—

0

.64

%

Sirius

XM

Holdings,

Inc.

.................................

24,612

149,888‌

Building

Material

and

Garden

Equipment

—

1

.36

%

Home

Depot,

Inc.

......................................

1,102

317,839‌

Chemical

Manufacturing

—

13

.65

%

AbbVie,

Inc.

..........................................

2,195

295,140‌

Albemarle

Corp.

.......................................

553

148,182‌

Amgen,

Inc.

..........................................

855

205,457‌

Bristol-Myers

Squibb

Co.

.................................

4,230

285,144‌

Cabot

Corp.

..........................................

1,438

103,493‌

CF

Industries

Holdings,

Inc.

..............................

1,128

116,703‌

Colgate-Palmolive

Co.

...................................

2,227

174,174‌

Gilead

Sciences,

Inc.

...................................

4,377

277,808‌

Incyte

Corp.

(a)

........................................

691

48,667‌

Lantheus

Holdings,

Inc.

(a)

...............................

3,305

260,435‌

Livent

Corp.

(a)

........................................

3,639

117,103‌

Merck

&

Co.,

Inc.

......................................

3,271

279,213‌

Pfizer,

Inc.

............................................

6,199

280,381‌

Regeneron

Pharmaceuticals,

Inc.

(a)

........................

455

264,382‌

Vertex

Pharmaceuticals,

Inc.

(a)

...........................

1,172

330,223‌

3,186,505‌

2

Convergence

Long/Short

Equity

ETF

Schedule

of

Investments

(Continued)

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

117.66%

(Continued)

Computer

and

Electronic

Product

Manufacturing

—

18

.80

%

Alphabet,

Inc.

(a)

......................................

11,472

$

1,247,512‌

Apple,

Inc.

...........................................

3,622

569,451‌

Arista

Networks,

Inc.

(a)

.................................

422

50,589‌

Broadcom,

Inc.

........................................

712

355,366‌

Cisco

Systems,

Inc.

.....................................

8,213

367,285‌

Enphase

Energy,

Inc.

(a)

.................................

179

51,273‌

Jabil,

Inc.

............................................

7,607

458,702‌

Lumentum

Holdings,

Inc.

(a)

..............................

2,312

193,168‌

Microchip

Technology,

Inc.

................................

5,022

327,686‌

Moog,

Inc.

............................................

1,462

109,621‌

NetApp,

Inc.

..........................................

5,269

380,053‌

ON

Semiconductor

Corp.

(a)

..............................

576

39,612‌

Pure

Storage,

Inc.

(a)

...................................

1,735

50,263‌

Sanmina

Corp.

(a)

......................................

3,881

188,306‌

4,388,887‌

Construction

of

Buildings

—

0

.53

%

NVR,

Inc.

(a)

..........................................

13

53,821‌

Taylor

Morrison

Home

Corp.

(a)

............................

2,743

68,877‌

122,698‌

Couriers

and

Messengers

—

1

.11

%

FedEx

Corp.

..........................................

549

115,735‌

United

Parcel

Service,

Inc.

-

Class

B

........................

728

141,603‌

257,338‌

Credit

Intermediation

and

Related

Activities

—

6

.14

%

Bank

of

New

York

Mellon

Corp.

............................

4,998

207,567‌

BankUnited,

Inc.

.......................................

4,190

155,240‌

Banner

Corp.

.........................................

3,041

184,772‌

Citigroup,

Inc.

.........................................

3,451

168,443‌

JPMorgan

Chase

&

Co.

..................................

1,394

158,540‌

Mr

Cooper

Group,

Inc.

(a)

................................

3,090

130,707‌

Regions

Financial

Corp.

.................................

6,945

150,498‌

Synchrony

Financial

....................................

3,455

113,151‌

Synovus

Financial

Corp.

.................................

4,159

167,025‌

1,435,943‌

Data

Processing,

Hosting,

and

Related

Services

—

0

.68

%

Airbnb,

Inc.

(a)

........................................

750

84,840‌

Korn

Ferry

...........................................

1,235

75,236‌

160,076‌

Electrical

Equipment,

Appliance,

and

Component

—

0

.53

%

Hubbell,

Inc.

..........................................

598

123,368‌

3

Convergence

Long/Short

Equity

ETF

Schedule

of

Investments

(Continued)

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

117.66%

(Continued)

Fabricated

Metal

Product

Manufacturing

—

1

.92

%

Atkore,

Inc.

(a)

........................................

1,423

$

120,115‌

Mueller

Industries,

Inc.

..................................

2,761

174,412‌

Nucor

Corp.

..........................................

1,157

153,812‌

448,339‌

Food

and

Beverage

Stores

—

0

.98

%

Sprouts

Farmers

Market,

Inc.

(a)

...........................

7,909

228,571‌

Food

Manufacturing

—

2

.91

%

Archer-Daniels-Midland

Co.

...............................

3,455

303,660‌

Kraft

Heinz

Co.

........................................

4,666

174,508‌

TreeHouse

Foods,

Inc.

(a)

................................

4,311

200,893‌

679,061‌

Food

Services

and

Drinking

Places

—

1

.83

%

Manhattan

Associates,

Inc.

(a)

............................

2,311

326,452‌

Wendy's

Co.

..........................................

5,264

100,964‌

427,416‌

Funds,

Trusts,

and

Other

Financial

Vehicles

—

0

.19

%

Cohen

&

Steers,

Inc.

....................................

633

45,184‌

Health

and

Personal

Care

Stores

—

0

.80

%

CVS

Health

Corp.

......................................

1,891

185,602‌

Heavy

and

Civil

Engineering

Construction

—

0

.57

%

Dycom

Industries,

Inc.

(a)

................................

1,180

132,302‌

Insurance

Carriers

and

Related

Activities

—

5

.63

%

Alignment

Healthcare,

Inc.

(a)

.............................

14,535

221,077‌

American

International

Group,

Inc.

.........................

2,300

119,025‌

Brown

&

Brown,

Inc.

....................................

668

42,111‌

Centene

Corp.

(a)

......................................

2,049

183,877‌

Chubb

Ltd.

...........................................

702

132,713‌

Cigna

Corp.

..........................................

805

228,177‌

Jackson

Financial,

Inc.

..................................

2,442

76,337‌

Kinsale

Capital

Group,

Inc.

...............................

429

108,786‌

Travelers

Cos.,

Inc.

.....................................

368

59,484‌

Unum

Group

..........................................

3,650

138,152‌

1,309,739‌

Machinery

Manufacturing

—

2

.23

%

Axcelis

Technologies,

Inc.

(a)

.............................

2,321

155,368‌

KLA

Corp.

............................................

1,064

366,153‌

521,521‌

4

Convergence

Long/Short

Equity

ETF

Schedule

of

Investments

(Continued)

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

117.66%

(Continued)

Merchant

Wholesalers,

Nondurable

Goods

—

4

.81

%

AmerisourceBergen

Corp.

................................

1,701

$

249,299‌

Cardinal

Health,

Inc.

....................................

3,120

220,646‌

McKesson

Corp.

.......................................

923

338,740‌

United

Natural

Foods,

Inc.

(a)

.............................

4,442

195,803‌

Univar

Solutions,

Inc.

(a)

.................................

4,810

121,308‌

1,125,796‌

Mining

(except

Oil

and

Gas)

—

1

.96

%

Alpha

Metallurgical

Resources,

Inc.

.........................

1,061

166,736‌

APA

Corp.

............................................

6,170

241,309‌

Devon

Energy

Corp.

....................................

684

48,304‌

456,349‌

Miscellaneous

Store

Retailers

—

0

.32

%

Cavco

Industries,

Inc.

(a)

.................................

322

75,351‌

Motor

Vehicle

and

Parts

Dealers

—

3

.87

%

AutoNation,

Inc.

(a)

.....................................

2,968

369,813‌

Group

1

Automotive,

Inc.

.................................

1,060

189,305‌

Murphy

USA,

Inc.

......................................

116

33,660‌

Penske

Automotive

Group,

Inc.

............................

2,647

312,108‌

904,886‌

Nonstore

Retailers

—

1

.67

%

Amazon.com,

Inc.

(a)

...................................

2,706

343,040‌

Dillard's,

Inc.

..........................................

148

43,844‌

386,884‌

Paper

Manufacturing

—

1

.61

%

Boise

Cascade

Co.

.....................................

2,747

171,221‌

Kimberly-Clark

Corp.

....................................

1,613

205,690‌

376,911‌

Performing

Arts,

Spectator

Sports,

and

—

0

.41

%

International

Game

Technology

PLC

........................

5,303

95,136‌

Petroleum

and

Coal

Products

Manufacturing

—

4

.55

%

CVR

Energy,

Inc.

......................................

6,404

209,155‌

Exxon

Mobil

Corp.

......................................

2,707

258,761‌

Innospec,

Inc.

.........................................

879

82,151‌

PBF

Energy,

Inc.

(a)

....................................

7,754

264,876‌

Valero

Energy

Corp.

....................................

2,113

247,474‌

1,062,417‌

Pipeline

Transportation

—

0

.79

%

Scorpio

Tankers,

Inc.

....................................

4,420

183,872‌

5

Convergence

Long/Short

Equity

ETF

Schedule

of

Investments

(Continued)

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

117.66%

(Continued)

Primary

Metal

Manufacturing

—

1

.27

%

ATI,

Inc.

(a)

...........................................

3,698

$

110,681‌

Encore

Wire

Corp.

......................................

1,413

183,832‌

294,513‌

Professional,

Scientific,

and

Technical

Services

—

5

.21

%

Accenture

PLC

........................................

709

204,518‌

Booz

Allen

Hamilton

Holding

Corp.

.........................

768

73,498‌

Gartner,

Inc.

(a)

.......................................

1,328

378,904‌

H&R

Block,

Inc.

........................................

4,307

193,816‌

Jack

Henry

&

Associates,

Inc.

.............................

1,903

365,757‌

1,216,493‌

Publishing

Industries

(Except

Internet)

—

9

.48

%

Cadence

Design

Systems,

Inc.

(a)

..........................

2,216

385,074‌

Electronic

Arts,

Inc.

.....................................

2,229

282,793‌

Microsoft

Corp.

........................................

2,453

641,385‌

Qualys,

Inc.

(a)

........................................

1,433

217,673‌

Splunk,

Inc.

(a)

........................................

3,436

309,343‌

Synopsys,

Inc.

(a)

......................................

1,069

369,895‌

2,206,163‌

Securities,

Commodity

Contracts,

and

Other

Financ

—

4

.20

%

Cboe

Global

Markets,

Inc.

................................

2,029

239,361‌

Nasdaq,

Inc.

..........................................

4,149

246,989‌

Raymond

James

Financial,

Inc.

............................

2,366

246,939‌

SEI

Investments

Co.

....................................

4,494

245,822‌

979,111‌

Support

Activities

for

Transportation

—

0

.60

%

CH

Robinson

Worldwide,

Inc.

.............................

1,252

142,916‌

Telecommunications

—

1

.30

%

AT&T,

Inc.

............................................

14,673

257,365‌

T-Mobile

US,

Inc.

(a)

....................................

313

45,059‌

302,424‌

Transportation

Equipment

Manufacturing

—

4

.88

%

Ford

Motor

Co.

........................................

18,764

285,963‌

General

Dynamics

Corp.

.................................

762

174,445‌

Huntington

Ingalls

Industries,

Inc.

..........................

554

127,564‌

Lockheed

Martin

Corp.

..................................

415

174,346‌

Tesla,

Inc.

(a)

.........................................

1,372

378,137‌

1,140,455‌

6

Convergence

Long/Short

Equity

ETF

Schedule

of

Investments

(Continued)

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

117.66%

(Continued)

Utilities

—

3

.45

%

Brookfield

Renewable

Corp.

..............................

3,359

$

128,952‌

Montauk

Renewables,

Inc.

(a)

.............................

3,038

53,925‌

National

Fuel

Gas

Co.

...................................

2,033

144,892‌

NiSource,

Inc.

.........................................

4,484

132,323‌

NRG

Energy,

Inc.

......................................

4,423

182,582‌

UGI

Corp.

............................................

4,193

165,623‌

808,297‌

Warehousing

and

Storage

—

0

.76

%

Landstar

System,

Inc.

...................................

1,206

176,836‌

Waste

Management

and

Remediation

Services

—

0

.76

%

Clean

Harbors,

Inc.

(a)

..................................

841

98,749‌

Republic

Services,

Inc.

..................................

569

81,208‌

179,957‌

Wood

Product

Manufacturing

—

0

.39

%

Skyline

Champion

Corp.

(a)

...............................

1,627

92,202‌

T

otal

Common

Stocks

(Cost

$

26,258,966

)

................

27,464,130‌

Real

Estate

Investment

Trusts

—

3

.31

%

Real

Estate

—

1

.84

%

Apartment

Income

REIT

Corp.

............................

2,693

110,009‌

Camden

Property

Trust

..................................

816

104,864‌

PotlatchDeltic

Corp.

....................................

2,360

109,551‌

STAG

Industrial,

Inc.

....................................

3,424

105,459‌

429,883‌

Telecommunications

—

0

.43

%

Uniti

Group,

Inc.

.......................................

10,574

99,290‌

Warehousing

and

Storage

—

0

.50

%

Extra

Space

Storage,

Inc.

................................

589

117,052‌

Wood

Product

Manufacturing

—

0

.54

%

Weyerhaeuser

Co.

.....................................

3,784

129,262‌

T

otal

Real

Estate

Investment

Trusts

(Cost

$

779,209

)

.......

775,487‌

Money

Market

Funds

—

0

.09

%

Funds,

Trusts,

and

Other

Financial

Vehicles

—

0

.09

%

First

American

Government

Obligations

Fund

-

X

Class

,

2

.042

%

(b)

21,046

21,046‌

Total

Money

Market

Funds

(Cost

$

21,046

)

................

21,046‌

Total

Investments

(Cost

$27,059,221)

—

121.06%

28,260,663‌

Liabilities

in

E

xcess

of

Other

Assets

—

(

21

.06

)

%

............

(

4,917,787‌

)

Total

Net

Assets

—

100.00%

.............................

$

23,342,876‌

Percentages

are

stated

as

a

percent

of

net

assets.

7

Convergence

Long/Short

Equity

ETF

Schedule

of

Investments

(Continued)

August

31,

2022

(Unaudited)

PLC

Public

Limited

Company

(a)

Non-income

producing

security.

(b)

The

rate

shown

represents

the

seven-day

yield

as

of

August

31,

2022.

8

Convergence

Long/Short

Equity

ETF

Schedule

of

Securities

Sold

Short

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

(

45

.63

)

%

Accommodation

—

(

0

.26

)

%

Caesars

Entertainment,

Inc.

(a)

............................

(711)

$

(

30,658‌

)

Las

Vegas

Sands

Corp.

(a)

...............................

(792)

(

29,803‌

)

(

60,461‌

)

Administrative

and

Support

Services

—

(

2

.11

)

%

Cardlytics,

Inc.

(a)

......................................

(1,333)

(

17,649‌

)

Cloudflare,

Inc.

(a)

.....................................

(1,425)

(

89,162‌

)

Coinbase

Global,

Inc.

(a)

.................................

(527)

(

35,204‌

)

Live

Nation

Entertainment,

Inc.

(a)

..........................

(1,208)

(

109,155‌

)

nCino,

Inc.

(a)

.........................................

(2,717)

(

85,694‌

)

Scotts

Miracle-Gro

Co.

..................................

(506)

(

33,877‌

)

SentinelOne,

Inc.

(a)

....................................

(3,509)

(

95,831‌

)

TransUnion

...........................................

(324)

(

23,934‌

)

(

490,506‌

)

Air

Transportation

—

(

0

.37

)

%

American

Airlines

Group,

Inc.

(a)

...........................

(3,445)

(

44,750‌

)

United

Airlines

Holdings,

Inc.

(a)

...........................

(1,180)

(

41,312‌

)

(

86,062‌

)

Ambulatory

Health

Care

Services

—

(

2

.03

)

%

Axsome

Therapeutics,

Inc.

(a)

.............................

(1,107)

(

70,627‌

)

Guardant

Health,

Inc.

(a)

.................................

(1,239)

(

62,024‌

)

Molina

Healthcare,

Inc.

(a)

...............................

(328)

(

110,657‌

)

Natera,

Inc.

(a)

........................................

(1,139)

(

56,107‌

)

Novocure

Ltd.

(a)

......................................

(734)

(

60,283‌

)

Oak

Street

Health,

Inc.

(a)

................................

(2,248)

(

58,898‌

)

Teladoc

Health,

Inc.

(a)

..................................

(1,776)

(

55,163‌

)

(

473,759‌

)

Beverage

and

Tobacco

Product

Manufacturing

—

(

0

.76

)

%

Altria

Group,

Inc.

.......................................

(1,222)

(

55,137‌

)

Boston

Beer

Co.,

Inc.

(a)

.................................

(165)

(

55,618‌

)

Celsius

Holdings,

Inc.

(a)

.................................

(629)

(

65,095‌

)

(

175,850‌

)

Broadcasting

(except

Internet)

—

(

1

.13

)

%

Cable

One,

Inc.

........................................

(57)

(

64,695‌

)

Liberty

Broadband

Corp.

(a)

..............................

(1,283)

(

129,947‌

)

Roku,

Inc.

(a)

.........................................

(1,022)

(

69,496‌

)

(

264,138‌

)

Building

Material

and

Garden

Equipment

—

(

0

.11

)

%

GrowGeneration

Corp.

(a)

................................

(5,552)

(

26,372‌

)

9

Convergence

Long/Short

Equity

ETF

Schedule

of

Securities

Sold

Short

(Continued)

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

(45.63)%

Chemical

Manufacturing

—

(

3

.05

)

%

10X

Genomics,

Inc.

(a)

..................................

(1,100)

$

(

36,289‌

)

Bridgebio

Pharma,

Inc.

(a)

...............................

(2,173)

(

22,817‌

)

Element

Solutions,

Inc.

..................................

(1,804)

(

33,681‌

)

Fate

Therapeutics,

Inc.

(a)

................................

(2,240)

(

58,554‌

)

Green

Plains,

Inc.

(a)

...................................

(1,678)

(

61,465‌

)

Intellia

Therapeutics,

Inc.

(a)

..............................

(911)

(

54,715‌

)

Inter

Parfums,

Inc.

......................................

(631)

(

49,546‌

)

Mirati

Therapeutics,

Inc.

(a)

...............................

(1,408)

(

114,090‌

)

Moderna,

Inc.

(a)

......................................

(812)

(

107,403‌

)

Novavax,

Inc.

(a)

.......................................

(2,129)

(

70,342‌

)

SpringWorks

Therapeutics,

Inc.

(a)

.........................

(1,424)

(

39,544‌

)

Twist

Bioscience

Corp.

(a)

................................

(659)

(

26,439‌

)

Ultragenyx

Pharmaceutical,

Inc.

(a)

.........................

(827)

(

39,440‌

)

(

714,325‌

)

Clothing

and

Clothing

Accessories

Stores

—

(

1

.01

)

%

Bath

&

Body

Works,

Inc.

.................................

(2,927)

(

109,265‌

)

Five

Below,

Inc.

(a)

.....................................

(532)

(

68,032‌

)

KKR

&

Co.,

Inc.

........................................

(1,165)

(

58,902‌

)

(

236,199‌

)

Computer

and

Electronic

Product

Manufacturing

—

(

4

.43

)

%

Ambarella,

Inc.

(a)

......................................

(1,093)

(

74,193‌

)

Bloom

Energy

Corp.

(a)

..................................

(1,246)

(

31,661‌

)

Calix,

Inc.

(a)

.........................................

(2,547)

(

149,891‌

)

Itron,

Inc.

(a)

..........................................

(1,691)

(

80,458‌

)

Marvell

Technology,

Inc.

.................................

(1,666)

(

78,002‌

)

Power

Integrations,

Inc.

..................................

(1,174)

(

83,976‌

)

Universal

Display

Corp.

..................................

(741)

(

82,792‌

)

Vertiv

Holdings

Co.

.....................................

(2,583)

(

29,782‌

)

Viasat,

Inc.

(a)

........................................

(4,030)

(

153,059‌

)

Vicor

Corp.

(a)

........................................

(483)

(

34,361‌

)

Western

Digital

Corp.

(a)

.................................

(3,427)

(

144,825‌

)

Wolfspeed,

Inc.

(a)

.....................................

(806)

(

91,457‌

)

(

1,034,457‌

)

Construction

of

Buildings

—

(

0

.09

)

%

LGI

Homes,

Inc.

(a)

.....................................

(221)

(

20,975‌

)

10

Convergence

Long/Short

Equity

ETF

Schedule

of

Securities

Sold

Short

(Continued)

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

(45.63)%

Credit

Intermediation

and

Related

Activities

—

(

2

.76

)

%

Affirm

Holdings,

Inc.

(a)

..................................

(2,457)

$

(

57,568‌

)

First

Citizens

BancShares,

Inc./NC

.........................

(62)

(

50,342‌

)

First

Hawaiian,

Inc.

.....................................

(1,654)

(

42,524‌

)

First

Republic

Bank/CA

..................................

(281)

(

42,664‌

)

Flywire

Corp.

(a)

.......................................

(3,923)

(

97,526‌

)

Independent

Bank

Group,

Inc.

.............................

(537)

(

36,172‌

)

Signature

Bank/New

York

NY

.............................

(622)

(

108,452‌

)

Silvergate

Capital

Corp.

(a)

...............................

(457)

(

41,642‌

)

Simmons

First

National

Corp.

.............................

(1,810)

(

42,698‌

)

SVB

Financial

Group

(a)

.................................

(108)

(

43,904‌

)

Webster

Financial

Corp.

.................................

(892)

(

41,969‌

)

Western

Alliance

Bancorp

................................

(508)

(

38,974‌

)

(

644,435‌

)

Data

Processing,

Hosting,

and

Related

Services

—

(

0

.50

)

%

Marqeta,

Inc.

(a)

.......................................

(11,954)

(

93,122‌

)

Upwork,

Inc.

(a)

.......................................

(1,395)

(

24,273‌

)

(

117,395‌

)

Educational

Services

—

(

0

.14

)

%

Udemy,

Inc.

(a)

........................................

(2,222)

(

33,019‌

)

Electrical

Equipment,

Appliance,

and

Component

—

(

1

.07

)

%

Fluence

Energy,

Inc.

(a)

.................................

(1,808)

(

36,070‌

)

IPG

Photonics

Corp.

(a)

.................................

(764)

(

69,211‌

)

Plug

Power,

Inc.

(a)

.....................................

(1,268)

(

35,555‌

)

Regal

Rexnord

Corp.

...................................

(795)

(

109,384‌

)

(

250,220‌

)

Fabricated

Metal

Product

Manufacturing

—

(

0

.61

)

%

Axon

Enterprise,

Inc.

(a)

.................................

(276)

(

32,204‌

)

Stanley

Black

&

Decker,

Inc.

..............................

(1,239)

(

109,156‌

)

(

141,360‌

)

Food

Manufacturing

—

(

1

.05

)

%

Bunge

Ltd.

...........................................

(683)

(

67,733‌

)

Darling

Ingredients,

Inc.

(a)

...............................

(734)

(

55,828‌

)

Freshpet,

Inc.

(a)

.......................................

(1,172)

(

51,017‌

)

Lancaster

Colony

Corp.

..................................

(421)

(

70,960‌

)

(

245,538‌

)

Food

Services

and

Drinking

Places

—

(

0

.42

)

%

Casey's

General

Stores,

Inc.

..............................

(336)

(

71,827‌

)

Shake

Shack,

Inc.

(a)

...................................

(550)

(

26,213‌

)

(

98,040‌

)

Funds,

Trusts,

and

Other

Financial

Vehicles

—

(

0

.09

)

%

Garmin

Ltd.

...........................................

(237)

(

20,972‌

)

11

Convergence

Long/Short

Equity

ETF

Schedule

of

Securities

Sold

Short

(Continued)

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

(45.63)%

Furniture

and

Home

Furnishings

Stores

—

(

0

.61

)

%

Floor

&

Decor

Holdings,

Inc.

(a)

............................

(841)

$

(

68,424‌

)

MillerKnoll,

Inc.

........................................

(708)

(

19,597‌

)

RH

(a)

..............................................

(222)

(

56,812‌

)

(

144,833‌

)

Heavy

and

Civil

Engineering

Construction

—

(

0

.13

)

%

St

Joe

Co.

............................................

(776)

(

29,643‌

)

Insurance

Carriers

and

Related

Activities

—

(

1

.32

)

%

Equitable

Holdings,

Inc.

..................................

(3,680)

(

109,480‌

)

Fidelity

National

Financial,

Inc.

............................

(2,783)

(

108,815‌

)

Goosehead

Insurance,

Inc.

(a)

............................

(436)

(

22,672‌

)

RenaissanceRe

Holdings

Ltd.

.............................

(157)

(

21,236‌

)

Ryan

Specialty

Holdings,

Inc.

(a)

...........................

(988)

(

41,852‌

)

(

304,055‌

)

Leather

and

Allied

Product

Manufacturing

—

(

0

.09

)

%

Crocs,

Inc.

(a)

.........................................

(295)

(

21,742‌

)

Machinery

Manufacturing

—

(

0

.29

)

%

Xometry,

Inc.

(a)

.......................................

(1,370)

(

67,144‌

)

Management

of

companies

and

Enterprises

—

(

0

.98

)

%

AZEK

Co.,

Inc.

(a)

......................................

(1,762)

(

32,157‌

)

Cannae

Holdings,

Inc.

(a)

................................

(2,829)

(

61,135‌

)

Enstar

Group

Ltd.

(a)

...................................

(212)

(

40,121‌

)

Norwegian

Cruise

Line

Holdings

Ltd.

(a)

.....................

(1,943)

(

25,414‌

)

Rivian

Automotive,

Inc.

(a)

................................

(2,166)

(

70,850‌

)

(

229,677‌

)

Merchant

Wholesalers,

Durable

Goods

—

(

0

.56

)

%

Core

&

Main,

Inc.

(a)

....................................

(1,472)

(

34,695‌

)

RBC

Bearings,

Inc.

(a)

..................................

(143)

(

34,417‌

)

XPEL,

Inc.

(a)

.........................................

(894)

(

61,266‌

)

(

130,378‌

)

Merchant

Wholesalers,

Nondurable

Goods

—

(

0

.50

)

%

Performance

Food

Group

Co.

(a)

...........................

(1,345)

(

67,223‌

)

Relay

Therapeutics,

Inc.

(a)

...............................

(2,097)

(

48,168‌

)

(

115,391‌

)

12

Convergence

Long/Short

Equity

ETF

Schedule

of

Securities

Sold

Short

(Continued)

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

(45.63)%

Mining

(except

Oil

and

Gas)

—

(

1

.84

)

%

CNX

Resources

Corp.

(a)

................................

(3,202)

$

(

56,579‌

)

Coterra

Energy,

Inc.

....................................

(3,628)

(

112,141‌

)

Freeport-McMoRan,

Inc.

.................................

(3,706)

(

109,698‌

)

Martin

Marietta

Materials,

Inc.

.............................

(103)

(

35,814‌

)

Novagold

Resources,

Inc.

(a)

.............................

(6,270)

(

27,776‌

)

Royal

Gold,

Inc.

.......................................

(371)

(

34,095‌

)

Southwestern

Energy

Co.

(a)

.............................

(7,162)

(

53,643‌

)

(

429,746‌

)

Miscellaneous

Manufacturing

—

(

1

.35

)

%

Align

Technology,

Inc.

(a)

.................................

(231)

(

56,295‌

)

Inari

Medical,

Inc.

(a)

....................................

(848)

(

58,809‌

)

Nevro

Corp.

(a)

........................................

(927)

(

42,012‌

)

Peloton

Interactive,

Inc.

(a)

...............................

(2,062)

(

21,012‌

)

Penumbra,

Inc.

(a)

.....................................

(376)

(

61,728‌

)

Tandem

Diabetes

Care,

Inc.

(a)

............................

(1,219)

(

55,757‌

)

YETI

Holdings,

Inc.

(a)

..................................

(587)

(

21,654‌

)

(

317,267‌

)

Motor

Vehicle

and

Parts

Dealers

—

(

0

.31

)

%

Carvana

Co.

(a)

.......................................

(2,215)

(

73,073‌

)

Nonstore

Retailers

—

(

0

.75

)

%

DoorDash,

Inc.

(a)

......................................

(955)

(

57,205‌

)

Etsy,

Inc.

(a)

..........................................

(614)

(

64,845‌

)

Wayfair,

Inc.

(a)

........................................

(988)

(

52,077‌

)

(

174,127‌

)

Other

Information

Services

—

(

0

.28

)

%

Twitter,

Inc.

(a)

........................................

(1,671)

(

64,751‌

)

Performing

Arts,

Spectator

Sports,

and

—

(

0

.16

)

%

Madison

Square

Garden

Entertainment

Corp.

(a)

..............

(654)

(

36,336‌

)

Personal

and

Laundry

Services

—

(

0

.30

)

%

IAC,

Inc.

(a)

..........................................

(1,072)

(

68,897‌

)

Petroleum

and

Coal

Products

Manufacturing

—

(

0

.33

)

%

Quaker

Chemical

Corp.

..................................

(188)

(

32,772‌

)

WD-40

Co.

...........................................

(235)

(

44,453‌

)

(

77,225‌

)

13

Convergence

Long/Short

Equity

ETF

Schedule

of

Securities

Sold

Short

(Continued)

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

(45.63)%

Professional,

Scientific,

and

Technical

Services

—

(

3

.18

)

%

Adaptive

Biotechnologies

Corp.

(a)

.........................

(1,708)

$

(

15,235‌

)

Ameresco,

Inc.

(a)

......................................

(506)

(

34,838‌

)

AppLovin

Corp.

(a)

.....................................

(3,670)

(

90,392‌

)

Bumble,

Inc.

(a)

.......................................

(1,714)

(

42,936‌

)

Coursera,

Inc.

(a)

......................................

(1,979)

(

22,759‌

)

Cytokinetics,

Inc.

(a)

....................................

(2,199)

(

116,459‌

)

Digital

Turbine,

Inc.

(a)

...................................

(3,235)

(

59,750‌

)

Magnite,

Inc.

(a)

.......................................

(3,549)

(

26,724‌

)

Match

Group,

Inc.

(a)

...................................

(1,206)

(

68,175‌

)

Teledyne

Technologies,

Inc.

(a)

............................

(401)

(

147,712‌

)

Unity

Software,

Inc.

(a)

..................................

(2,149)

(

91,805‌

)

Vimeo,

Inc.

(a)

........................................

(4,152)

(

24,580‌

)

(

741,365‌

)

Publishing

Industries

(Except

Internet)

—

(

1

.40

)

%

BigCommerce

Holdings,

Inc.

(a)

...........................

(2,728)

(

45,476‌

)

Bill.com

Holdings,

Inc.

(a)

................................

(576)

(

93,243‌

)

Confluent,

Inc.

(a)

......................................

(2,710)

(

74,146‌

)

Fastly,

Inc.

(a)

.........................................

(3,306)

(

30,911‌

)

Okta,

Inc.

(a)

..........................................

(931)

(

85,093‌

)

(

328,869‌

)

Real

Estate

—

(

0

.74

)

%

Howard

Hughes

Corp.

(a)

................................

(434)

(

27,615‌

)

MP

Materials

Corp.

(a)

..................................

(1,067)

(

37,334‌

)

Opendoor

Technologies,

Inc.

(a)

...........................

(7,402)

(

32,052‌

)

Redfin

Corp.

(a)

.......................................

(1,531)

(

12,539‌

)

Zillow

Group,

Inc.

(a)

....................................

(1,899)

(

63,483‌

)

(

173,023‌

)

Rental

and

Leasing

Services

—

(

0

.18

)

%

Hertz

Global

Holdings,

Inc.

(a)

.............................

(2,329)

(

42,993‌

)

Repair

and

Maintenance

—

(

0

.09

)

%

Driven

Brands

Holdings,

Inc.

(a)

...........................

(703)

(

22,095‌

)

14

Convergence

Long/Short

Equity

ETF

Schedule

of

Securities

Sold

Short

(Continued)

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

(45.63)%

Securities,

Commodity

Contracts,

and

Other

Financ

—

(

2

.66

)

%

Apollo

Global

Management,

Inc.

...........................

(1,111)

$

(

61,749‌

)

Beauty

Health

Co.

(a)

...................................

(3,707)

(

43,001‌

)

Blackstone,

Inc.

.......................................

(620)

(

58,243‌

)

Brighthouse

Financial,

Inc.

(a)

.............................

(909)

(

43,223‌

)

ChargePoint

Holdings,

Inc.

(a)

.............................

(2,255)

(

36,689‌

)

Clarivate

PLC

(a)

......................................

(1,713)

(

19,991‌

)

DraftKings,

Inc.

(a)

.....................................

(1,927)

(

30,948‌

)

E2open

Parent

Holdings,

Inc.

(a)

...........................

(12,351)

(

84,851‌

)

Enovix

Corp.

(a)

.......................................

(1,460)

(

32,295‌

)

Robinhood

Markets,

Inc.

(a)

..............................

(6,515)

(

62,218‌

)

Rocket

Lab

USA,

Inc.

(a)

.................................

(5,260)

(

28,930‌

)

SOFI

TECHNOLOGIES

INC

COM

(a)

.......................

(5,833)

(

34,531‌

)

Stem,

Inc.

(a)

.........................................

(2,313)

(

36,360‌

)

Trupanion,

Inc.

(a)

......................................

(663)

(

46,795‌

)

(

619,824‌

)

Specialty

Trade

Contractors

—

(

0

.13

)

%

Sunrun,

Inc.

(a)

........................................

(929)

(

30,685‌

)

Support

Activities

for

Mining

—

(

0

.92

)

%

Civitas

Resources,

Inc.

..................................

(871)

(

58,522‌

)

Denbury,

Inc.

(a)

.......................................

(654)

(

58,160‌

)

Northern

Oil

and

Gas,

Inc.

................................

(2,125)

(

67,235‌

)

SSR

Mining,

Inc.

.......................................

(2,338)

(

31,540‌

)

(

215,457‌

)

Telecommunications

—

(

1

.53

)

%

Bandwidth,

Inc.

(a)

.....................................

(1,438)

(

22,289‌

)

Doximity,

Inc.

(a)

.......................................

(1,716)

(

56,954‌

)

Frontier

Communications

Parent,

Inc.

(a)

.....................

(1,641)

(

42,272‌

)

Lumen

Technologies,

Inc.

................................

(3,681)

(

36,663‌

)

Twilio,

Inc.

(a)

.........................................

(1,277)

(

88,854‌

)

Zoom

Video

Communications,

Inc.

(a)

.......................

(1,355)

(

108,942‌

)

(

355,974‌

)

Transit

and

Ground

Passenger

Transportation

—

(

0

.19

)

%

Lyft,

Inc.

(a)

...........................................

(2,961)

(

43,616‌

)

Transportation

Equipment

Manufacturing

—

(

0

.69

)

%

Boeing

Co.

(a)

.........................................

(215)

(

34,454‌

)

Fox

Factory

Holding

Corp.

(a)

.............................

(981)

(

91,439‌

)

Shoals

Technologies

Group,

Inc.

(a)

........................

(1,371)

(

36,153‌

)

(

162,046‌

)

15

Convergence

Long/Short

Equity

ETF

Schedule

of

Securities

Sold

Short

(Continued)

August

31,

2022

(Unaudited)

Shares

Value

Common

Stocks

—

(45.63)%

Utilities

—

(

1

.92

)

%

Atmos

Energy

Corp.

....................................

(424)

$

(

48,073‌

)

Avangrid,

Inc.

.........................................

(955)

(

47,177‌

)

Dominion

Energy,

Inc.

...................................

(582)

(

47,608‌

)

New

Fortress

Energy,

Inc.

................................

(924)

(

52,991‌

)

Ormat

Technologies,

Inc.

.................................

(510)

(

47,675‌

)

PG&E

Corp.

(a)

........................................

(9,041)

(

111,476‌

)

Public

Service

Enterprise

Group,

Inc.

.......................

(723)

(

46,532‌

)

Sunnova

Energy

International,

Inc.

(a)

.......................

(1,853)

(

46,733‌

)

(

448,265‌

)

Wood

Product

Manufacturing

—

(

0

.21

)

%

Enviva,

Inc.

...........................................

(690)

(

47,969‌

)

T

otal

Common

Stocks

(Proceeds  

$

13,841,794

)

...........

(

10,650,549‌

)

Real

Estate

Investment

Trusts

—

(

2

.10

)

%

Administrative

and

Support

Services

—

(

0

.14

)

%

DigitalBridge

Group,

Inc.

(a)

..............................

(1,817)

(

32,343‌

)

Credit

Intermediation

and

Related

Activities

—

(

0

.23

)

%

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc.

........

(1,380)

(

54,538‌

)

Real

Estate

—

(

1

.73

)

%

AGNC

Investment

Corp.

.................................

(5,151)

(

61,554‌

)

Host

Hotels

&

Resorts,

Inc.

...............................

(6,172)

(

109,676‌

)

Independence

Realty

Trust,

Inc.

............................

(1,493)

(

29,039‌

)

Kimco

Realty

Corp.

.....................................

(5,145)

(

108,457‌

)

Kite

Realty

Group

Trust

..................................

(1,625)

(

31,460‌

)

Pebblebrook

Hotel

Trust

.................................

(1,831)

(

32,262‌

)

Realty

Income

Corp.

....................................

(479)

(

32,706‌

)

(

405,154‌

)

T

otal

Real

Estate

Investment

Trusts

(Proceeds  

$

526,516

)

...

(

492,035‌

)

Total

Securities

Sold

Short

(Proceeds

$14,368,310)

—

(47.73)%

$

(

11,142,584‌

)

Percentages

are

stated

as

a

percent

of

net

assets.

PLC

Public

Limited

Company

(a)

Non-income

producing

security.

16

Notes

to

Schedule

of

Investments

August

31,

2022

(Unaudited)

Investment

Valuation 

Each

equity

security

owned

by the

Fund

that

is

listed

on

a

securities

exchange,

except

for

securities

listed

on

the

NASDAQ

Stock

Market

LLC

(“NASDAQ”),

is

valued

at

its

last

sale

price

at

the

close

of

that

exchange

on

the

date

as

of

which

assets

are

valued.

If

a

security

is

listed

on

more

than

one

exchange,

the

Fund

will

use

the

price

on

the

exchange

that

the

Fund

generally

considers

to

be

the

principal

exchange

on

which

the

security

is

traded.

Fund

securities,

including

common

stocks,

preferred

stocks

and

exchange

traded

funds,

listed

on

NASDAQ

will

be

valued

at

the

NASDAQ

Official

Closing

Price,

which

may

not

necessarily

represent

the

last

sale

price.

If,

on

a

particular

day,

an

exchange-listed

or

NASDAQ

security

does

not

trade,

then:

(i)

the

security

is

valued

at

the

mean

between

the

most

recent

quoted

bid

and

asked

prices

at

the

close

of

the

exchange

on

such

day;

or

(ii)

the

security

is

valued

at

the

latest

sales

price

on

the

Composite

Market

for

the

day

such

security

is

being

valued.

“Composite

Market”

means

a

consolidation

of

the

trade

information

provided

by

national

securities

and

foreign

exchanges

and

the

over-the-counter

markets

as

published

by

an

approved

independent

pricing

service

(“Pricing

Service”).

Foreign

securities

will

be

priced

in

their

local

currencies

as

of

the

close

of

their

primary

exchange

or

market

or

as

of

the

time

the

Fund

calculates

its

NAV,

whichever

is

earlier.

Foreign

securities,

currencies

and

other

assets

denominated

in

foreign

currencies

are

then

translated

into

U.S.

dollars

at

the

exchange

rate

of

such

currencies

against

the

U.S.

dollar

using

the

applicable

currency

exchange

rates

as

of

the

close

of

the

New

York

Stock

Exchange

(“NYSE”),

generally

4:00

p.m.

Eastern

Time.

Foreign

securities

are

traded

on

foreign

exchanges

which

typically

close

before

the

close

of

business

on

each

day

on

which

the

NYSE

is

open.

Each

security

trading

on

these

exchanges

may

be

valued

utilizing

a

systematic

fair

valuation

model

provided

by

a

pricing

service.

The

valuation

of

each

security

that

meets

certain

criteria

in

relation

to

the

valuation

model

is

systematically

adjusted

to

reflect

the

impact

of

movement

in

the

U.S.

market

after

the

foreign

markets

close

and

are

classified

as

Level

2

securities.

Securities

that

do

not

meet

the

criteria,

or

that

are

principally

traded

in

other

foreign

markets,

are

valued

as

of

the

last

reported

sale

price

at

the

time

the

Fund

determines

its

NAV,

or

when

reliable

market

prices

or

quotations

are

not

readily

available,

at

the

mean

between

the

most

recent

bid

and

asked

quotations

as

of

the

close

of

the

appropriate

exchange

or

other

designated

time.

Redeemable

securities

issued

by

open-end,

registered

investment

companies,

including

money

market

mutual

funds,

are

valued

at

the

NAVs

of

such

companies

for

purchase

and/

or

redemption

orders

placed

on

that

day.

If,

on

a

particular

day,

a

share

of

an

investment

company

is

not

listed

on

NASDAQ,

such

security’s

fair

value

will

be

determined.

When

market

quotations

are

not

readily

available,

any

security

or

other

financial

instrument

is

valued

at

its

fair

value

as

determined

under

procedures

approved

by

the

Trust’s

Board

of

Trustees.

These

fair

value

procedures

will

also

be

used

to

price

a

security

when

corporate

events,

events

in

the

securities

market

and/or

world

events

cause

the

Adviser

to

believe

that

a

security’s

last

sale

price

may

not

reflect

its

actual

fair

market

value.

The

intended

effect

of

using

fair

value

pricing

procedures

is

to

ensure

that

the

Fund

is accurately

priced.

The

Board

of

Trustees

will

regularly

evaluate

whether

the

Fund's

fair

value

pricing

procedures

continue

to

be

appropriate

in

light

of

the

specific

circumstances

of

the

Fund

and

the

quality

of

prices

obtained

by

the

Trust’s

Valuation

Committee.

17

Notes

to

Schedule

of

Investments

(Continued)

August

31,

2022

(Unaudited)

The

Trust has

adopted

Statement

of

Financial

Accounting

Standards,

“Fair

Value

Measurements

and

Disclosures,”

which

requires the

Fund

to

classify

its

securities

based

on

a

valuation

method.

These

inputs

are

summarized

in

the

three

broad

levels

listed

below:

Level

1—Quoted

prices

in

active

markets

for

identical

securities.

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

a

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

inputs

used

to

value

the

Fund's

investments

carried

at

fair

value

as

of

August

31,

2022: 

Convergence

Long/Short

Equity

ETF

Level

1

Level

2

Level

3

Total

Assets

(1)

:

Equities:

Common

Stock

$

27,464,130‌

$

–‌

$

–‌

$

27,464,130‌

Real

Estate

Investment

Trusts

775,487‌

–‌

–‌

775,487‌

Total

Equity

Securities

28,239,617‌

–‌

–‌

28,239,617‌

Money

Market

Funds

21,046‌

–‌

–‌

21,046‌

Total

Investments

in

Securities

$

28,260,663‌

$

–‌

$

–‌

$

28,260,663‌

Liabilities

(1)

:

Equities:

Common

Stock

(10,650,549‌)

–‌

–‌

(10,650,549‌)

Real

Estate

Investment

Trusts

(492,035‌)

–‌

–‌

(492,035‌)

Total

Equity

Securities

(11,142,584‌)

–‌

–‌

(11,142,584‌)

Total

Investments

in

Securities

$

(11,142,584‌)

$

–‌

$

–‌

$

(11,142,584‌)

(1)

See

the

Schedule

of

Investments

for

industry

classifications.