HCM DEFENDER 100 INDEX ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) | |||||||
September 30, 2023 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — 82.7% | |||||||
ADVERTISING & MARKETING - 0.2% | |||||||
8,510 | Trade Desk, Inc. (The), Class A(a) | $ 665,057 | |||||
AUTOMOTIVE - 4.1% | |||||||
54,308 | Tesla, Inc.(a) | 13,588,948 | |||||
BEVERAGES - 1.9% | |||||||
2,714 | Coca-Cola Europacific Partners plc | 169,571 | |||||
16,065 | Keurig Dr Pepper, Inc. | 507,172 | |||||
13,671 | Monster Beverage Corporation(a) | 723,879 | |||||
28,910 | PepsiCo, Inc. | 4,898,510 | |||||
6,299,132 | |||||||
BIOTECH & PHARMA - 3.1% | |||||||
2,392 | Alnylam Pharmaceuticals, Inc.(a) | 423,623 | |||||
10,174 | Amgen, Inc. | 2,734,365 | |||||
2,686 | Biogen, Inc.(a) | 690,329 | |||||
1,804 | BioNTech S.E. - ADR(a) | 195,987 | |||||
23,650 | Gilead Sciences, Inc. | 1,772,331 | |||||
6,181 | Moderna, Inc.(a) | 638,435 | |||||
1,892 | Regeneron Pharmaceuticals, Inc.(a) | 1,557,040 | |||||
2,537 | Seagen, Inc.(a) | 538,225 | |||||
4,541 | Vertex Pharmaceuticals, Inc.(a) | 1,579,087 | |||||
10,129,422 | |||||||
CABLE & SATELLITE - 1.4% | |||||||
1,942 | Charter Communications, Inc., Class A(a) | 854,130 | |||||
82,397 | Comcast Corporation, Class A | 3,653,483 | |||||
4,507,613 | |||||||
COMMERCIAL SUPPORT SERVICES - 0.2% | |||||||
1,630 | Cintas Corporation | 784,046 | |||||
DIVERSIFIED INDUSTRIALS - 0.8% | |||||||
13,291 | Honeywell International, Inc. | 2,455,380 | |||||
E-COMMERCE DISCRETIONARY - 5.3% | |||||||
117,590 | Amazon.com, Inc.(a) | 14,948,040 |
HCM DEFENDER 100 INDEX ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
September 30, 2023 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — 82.7% (Continued) | |||||||
E-COMMERCE DISCRETIONARY - 5.3% (Continued) | |||||||
10,658 | eBay, Inc. | $ 469,911 | |||||
851 | MercadoLibre, Inc.(a) | 1,078,966 | |||||
9,719 | PDD Holdings, Inc. - ADR(a) | 953,142 | |||||
17,450,059 | |||||||
ELECTRIC UTILITIES - 0.8% | |||||||
9,919 | American Electric Power Company, Inc. | 746,107 | |||||
6,263 | Constellation Energy Corporation | 683,168 | |||||
18,728 | Exelon Corporation | 707,731 | |||||
10,749 | Xcel Energy, Inc. | 615,058 | |||||
2,752,064 | |||||||
ENTERTAINMENT CONTENT - 0.7% | |||||||
13,720 | Activision Blizzard, Inc. | 1,284,604 | |||||
5,151 | Electronic Arts, Inc. | 620,180 | |||||
44,498 | Warner Bros Discovery, Inc.(a) | 483,248 | |||||
2,388,032 | |||||||
FOOD - 0.7% | |||||||
15,217 | Kraft Heinz Company (The) | 511,900 | |||||
25,973 | Mondelez International, Inc., A | 1,802,526 | |||||
2,314,426 | |||||||
INDUSTRIAL SUPPORT SERVICES - 0.2% | |||||||
10,519 | Fastenal Company | 574,758 | |||||
INTERNET MEDIA & SERVICES - 11.1% | |||||||
6,633 | Airbnb, Inc., CLASS A(a) | 910,114 | |||||
59,275 | Alphabet, Inc., Class A(a) | 7,756,727 | |||||
58,821 | Alphabet, Inc., Class C(a) | 7,755,549 | |||||
714 | Booking Holdings, Inc.(a) | 2,201,940 | |||||
49,212 | Meta Platforms, Inc., Class A(a) | 14,773,935 | |||||
8,396 | Netflix, Inc.(a) | 3,170,330 | |||||
36,568,595 | |||||||
LEISURE FACILITIES & SERVICES - 0.9% | |||||||
5,266 | Marriott International, Inc., Class A | 1,035,085 | |||||
21,029 | Starbucks Corporation | 1,919,317 | |||||
2,954,402 |
HCM DEFENDER 100 INDEX ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
September 30, 2023 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — 82.7% (Continued) | |||||||
MEDICAL EQUIPMENT & DEVICES - 1.2% | |||||||
1,385 | Align Technology, Inc.(a) | $ 422,868 | |||||
7,168 | DexCom, Inc.(a) | 668,774 | |||||
1,510 | IDEXX Laboratories, Inc.(a) | 660,278 | |||||
2,790 | Illumina, Inc.(a) | 383,011 | |||||
6,621 | Intuitive Surgical, Inc.(a) | 1,935,253 | |||||
4,070,184 | |||||||
OIL & GAS SERVICES & EQUIPMENT - 0.2% | |||||||
19,125 | Baker Hughes Company | 675,495 | |||||
RENEWABLE ENERGY - 0.1% | |||||||
2,407 | Enphase Energy, Inc.(a) | 289,201 | |||||
RETAIL - CONSUMER STAPLES - 1.8% | |||||||
9,287 | Costco Wholesale Corporation | 5,246,784 | |||||
3,964 | Dollar Tree, Inc.(a) | 421,968 | |||||
13,626 | Walgreens Boots Alliance, Inc. | 303,042 | |||||
5,971,794 | |||||||
RETAIL - DISCRETIONARY - 0.8% | |||||||
2,281 | Lululemon Athletica, Inc.(a) | 879,576 | |||||
1,151 | O'Reilly Automotive, Inc.(a) | 1,046,098 | |||||
6,367 | Ross Stores, Inc. | 719,153 | |||||
2,644,827 | |||||||
SEMICONDUCTORS - 13.7% | |||||||
30,682 | Advanced Micro Devices, Inc.(a) | 3,154,723 | |||||
9,729 | Analog Devices, Inc. | 1,703,451 | |||||
16,256 | Applied Materials, Inc. | 2,250,643 | |||||
8,709 | Broadcom, Inc. | 7,233,521 | |||||
1,340 | GLOBALFOUNDRIES, Inc.(a) | 77,975 | |||||
80,203 | Intel Corporation | 2,851,217 | |||||
2,682 | KLA Corporation | 1,230,126 | |||||
2,600 | Lam Research Corporation | 1,629,602 | |||||
15,486 | Marvell Technology, Inc. | 838,257 | |||||
10,528 | Microchip Technology, Inc. | 821,710 | |||||
21,042 | Micron Technology, Inc. | 1,431,487 |
HCM DEFENDER 100 INDEX ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
September 30, 2023 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — 82.7% (Continued) | |||||||
SEMICONDUCTORS - 13.7% (Continued) | |||||||
34,719 | NVIDIA Corporation | $ 15,102,418 | |||||
4,853 | NXP Semiconductors N.V. | 970,212 | |||||
7,860 | ON Semiconductor Corporation(a) | 730,587 | |||||
21,263 | QUALCOMM, Inc. | 2,361,469 | |||||
17,473 | Texas Instruments, Inc. | 2,778,382 | |||||
45,165,780 | |||||||
SOFTWARE - 15.7% | |||||||
9,570 | Adobe Systems, Inc.(a) | 4,879,743 | |||||
1,615 | ANSYS, Inc.(a) | 480,543 | |||||
2,552 | Atlassian Corp plc, CLASS A(a) | 514,254 | |||||
3,999 | Autodesk, Inc.(a) | 827,433 | |||||
4,867 | Cadence Design Systems, Inc.(a) | 1,140,338 | |||||
3,815 | Crowdstrike Holdings, Inc., Class A(a) | 638,555 | |||||
4,824 | Datadog, Inc., Class A(a) | 439,418 | |||||
12,730 | Fortinet, Inc.(a) | 746,996 | |||||
5,206 | Intuit, Inc. | 2,659,954 | |||||
113,750 | Microsoft Corporation | 35,916,562 | |||||
5,232 | Palo Alto Networks, Inc.(a) | 1,226,590 | |||||
2,813 | Synopsys, Inc.(a) | 1,291,083 | |||||
3,684 | Workday, Inc., Class A(a) | 791,507 | |||||
4,182 | Zoom Video Communications, Inc., Class A(a) | 292,489 | |||||
51,845,465 | |||||||
TECHNOLOGY HARDWARE - 14.5% | |||||||
251,089 | Apple, Inc. | 42,988,947 | |||||
88,937 | Cisco Systems, Inc. | 4,781,253 | |||||
47,770,200 | |||||||
TECHNOLOGY SERVICES - 1.8% | |||||||
8,067 | Automatic Data Processing, Inc. | 1,940,759 | |||||
10,433 | Cognizant Technology Solutions Corporation, Class A | 706,731 | |||||
7,882 | CoStar Group, Inc.(a) | 606,047 | |||||
6,090 | Paychex, Inc. | 702,360 | |||||
22,371 | PayPal Holdings, Inc.(a) | 1,307,809 | |||||
2,968 | Verisk Analytics, Inc. | 701,160 | |||||
5,964,866 |
HCM DEFENDER 100 INDEX ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
September 30, 2023 | |||||||
Shares | Fair Value | ||||||
COMMON STOCKS — 82.7% (Continued) | |||||||
TELECOMMUNICATIONS - 0.5% | |||||||
12,085 | T-Mobile US, Inc.(a) | $ 1,692,504 | |||||
TRANSPORTATION & LOGISTICS - 0.6% | |||||||
40,733 | CSX Corporation | 1,252,539 | |||||
1,854 | Old Dominion Freight Line, Inc. | 758,546 | |||||
2,011,085 | |||||||
TRANSPORTATION EQUIPMENT - 0.2% | |||||||
8,842 | PACCAR, Inc. | 751,747 | |||||
WHOLESALE - DISCRETIONARY - 0.2% | |||||||
16,286 | Copart, Inc.(a) | 701,764 | |||||
TOTAL COMMON STOCKS (Cost $265,517,065) |
272,986,846 | ||||||
EXCHANGE-TRADED FUND - 17.1% | |||||||
EQUITY - 17.1% | |||||||
1,579,185 | ProShares UltraPro QQQ (Cost $62,044,915) | 56,250,570 | |||||
TOTAL INVESTMENTS - 99.8% (Cost $327,561,980) | $ 329,237,416 | ||||||
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.2% |
562,374 | ||||||
NET ASSETS - 100.0% |
$ 329,799,790 | ||||||
ADR | - American Depositary Receipt |
ETF | - Exchange-Traded Fund |
NV | - Naamioze Vennootschap |
PLC | - Public Limited Company |
(a) | Non-income producing security. |