MAIN SECTOR ROTATION ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) | |||||||
January 31, 2024 | |||||||
Shares | Fair Value | ||||||
EXCHANGE-TRADED FUNDS — 98.8% | |||||||
EQUITY - 98.2% | |||||||
2,275,000 | ARK Genomic Revolution ETF(a),(b) | $ 64,701,000 | |||||
2,769,435 | Communication Services Select Sector SPDR Fund(c) | 210,144,728 | |||||
545,210 | Health Care Select Sector SPDR Fund | 76,536,580 | |||||
455,000 | Invesco QQQ Trust Series 1 | 189,721,350 | |||||
555,750 | iShares Biotechnology ETF(b) | 74,681,685 | |||||
692,250 | iShares Core S&P Small-Cap ETF | 71,994,000 | |||||
175,725 | iShares Expanded Tech-Software Sector ETF(b) | 73,871,275 | |||||
2,834,000 | iShares S&P Mid-Cap 400 Growth ETF(c) | 223,602,600 | |||||
2,437,500 | SPDR S&P Regional Banking ETF(b) | 121,143,750 | |||||
839,250 | Technology Select Sector SPDR Fund(c) | 165,902,940 | |||||
48,750 | VanEck Oil Services ETF(b) | 14,260,350 | |||||
661,980 | VanEck Semiconductor ETF(b) | 123,042,222 | |||||
691,755 | Vanguard Energy ETF | 80,492,612 | |||||
1,490,095,092 | |||||||
FIXED INCOME - 0.6% | |||||||
100,975 | SPDR Bloomberg 1-3 Month T-Bill ETF(b) | 9,267,486 | |||||
| |||||||
TOTAL EXCHANGE-TRADED FUNDS (Cost $1,226,436,184) |
1,499,362,578 | ||||||
SHORT-TERM INVESTMENTS — 21.0% | |||||||
COLLATERAL FOR SECURITIES LOANED - 21.0% | |||||||
318,668,153 | Fidelity Investments Money Market Government Portfolio, Institutional Class, 5.26% (Cost $318,668,153)(d),(e) | $ 318,668,153 | |||||
| |||||||
TOTAL INVESTMENTS – 119.8% (Cost $1,545,104,337) | $ 1,818,030,731 | ||||||
CALL OPTIONS WRITTEN - (0.1)% (Proceeds - $1,649,952) | (1,033,680) | ||||||
LIABILITIES IN EXCESS OF OTHER ASSETS - (19.7)% |
(299,059,761) | ||||||
NET ASSETS - 100.0% |
$ 1,517,937,290 | ||||||
MAIN SECTOR ROTATION ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
January 31, 2024 | |||||||
Contracts(f) | |||||||
WRITTEN EQUITY OPTIONS - (0.1)% | Expiration Date | Exercise Price | Notional Value | Fair Value | |||
CALL OPTIONS WRITTEN- (0.1)% | |||||||
472 | VanEck Oil Services ETF | 06/21/2024 | $ 300 | $ 13,806,944 | $ 1,033,680 | ||
TOTAL CALL OPTIONS WRITTEN (Proceeds - $1,649,952) |
| ||||||
ETF | - Exchange-Traded Fund |
SPDR | - Standard & Poor's Depositary Receipt |
(a) | Non-income producing security. |
(b) | All or a portion of the security is on loan. The total fair value of the securities on loan as of January 31, 2024 was $301,212,361. |
(c) | All or a portion of the security is held as collateral for written options. As of January 31, 2024, the fair value of the securities held as collateral was $139,523,100. |
(d) | Rate disclosed is the seven day effective yield as of January 31, 2024. |
(e) | Security was purchased with cash received as collateral for securities on loan at January 31, 2024. Total collateral had a value of $318,668,153 at January 31, 2024. |
(f) | Each option contract allows the holder of the option to purchase or sell 100 shares of the underlying security. |
MAIN THEMATIC INNOVATION ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) | |||||||
January 31, 2024 | |||||||
Shares | Fair Value | ||||||
EXCHANGE-TRADED FUNDS — 99.7% | |||||||
EQUITY - 99.7% | |||||||
579,840 | ARK Fintech Innovation ETF(a),(b) | $ 14,809,114 | |||||
380,160 | ARK Genomic Revolution ETF(a),(b) | 10,811,750 | |||||
910,080 | Bitwise Crypto Industry Innovators ETF(b),(e) | 8,117,914 | |||||
230,330 | Defiance Quantum ETF(b),(e) | 12,617,477 | |||||
153,600 | First Trust Cloud Computing ETF(a),(b) | 13,782,528 | |||||
272,640 | First Trust Nasdaq Artificial Intelligence and Robotics ETF(b) | 11,873,472 | |||||
402,940 | Global X Artificial Intelligence & Technology ETF(b) | 12,599,934 | |||||
253,440 | Proshares Online Retail ETF(a),(e) | 8,297,626 | |||||
360,960 | Renaissance IPO ETF(a),(b),(e) | 12,290,219 | |||||
222,720 | VanEck Video Gaming and eSports ETF(e) | 12,710,630 | |||||
TOTAL EXCHANGE-TRADED FUNDS (Cost $127,233,910) |
117,910,664 | ||||||
SHORT-TERM INVESTMENTS — 25.5% | |||||||
COLLATERAL FOR SECURITIES LOANED - 25.5% | |||||||
30,158,899 | Fidelity Investments Monet Market Government Portfolio, Institutional Class, 5.26% (Cost $30,158,899)(c),(d) | 30,158,899 | |||||
| |||||||
TOTAL INVESTMENTS - 125.2% (Cost $157,392,809) | $ 148,069,563 | ||||||
LIABILITIES IN EXCESS OF OTHER ASSETS - (25.2)% |
(29,804,279) | ||||||
NET ASSETS - 100.0% |
$ 118,265,284 | ||||||
ETF | - Exchange-Traded Fund |
(a) | Non-income producing security. |
(b) | All or a portion of the security is on loan. The total fair value of the securities on loan as of January 31, 2024 was $28,760,191. |
(c) | Rate disclosed is the seven day effective yield as of January 31, 2024. |
(d) | Security was purchased with cash received as collateral for securities on loan at January 31, 2024. Total collateral had a value of $30,158,889 at January 31, 2024. |
(e) | Affiliated Company – Main Thematic Innovation ETF holds in excess of 5% of the outstanding voting securities of this security. |
MAIN INTERNATIONAL ETF | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) | |||||||
January 31, 2024 | |||||||
Shares | Fair Value | ||||||
EXCHANGE-TRADED FUNDS — 99.6% | |||||||
EQUITY - 99.6% | |||||||
292,410 | ARK Israel Innovative Technology ETF(a),(b),(c) | $ 5,700,358 | |||||
302,670 | Franklin FTSE Brazil ETF | 5,987,872 | |||||
164,115 | Franklin FTSE Canada ETF(b) | 5,404,307 | |||||
364,180 | Franklin FTSE China ETF(c) | 5,280,610 | |||||
123,120 | Franklin FTSE Germany ETF(c) | 2,792,731 | |||||
169,290 | Franklin FTSE India ETF | 6,040,267 | |||||
613,045 | Franklin FTSE Japan ETF | 17,661,825 | |||||
263,535 | Franklin FTSE Mexico ETF(b),(c) | 8,593,455 | |||||
336,190 | Franklin FTSE South Korea ETF | 6,949,047 | |||||
189,810 | Franklin FTSE Taiwan ETF | 7,598,189 | |||||
84,645 | The India Internet & Ecommerce ETF(c) | 1,191,802 | |||||
202,635 | iShares MSCI France ETF | 7,856,159 | |||||
228,310 | iShares MSCI Germany ETF(b) | 6,636,972 | |||||
333,450 | iShares MSCI Hong Kong ETF(b) | 5,228,496 | |||||
51,300 | iShares MSCI India Small-Cap ETF(b) | 3,766,446 | |||||
61,560 | iShares MSCI Japan Small-Cap ETF | 4,398,308 | |||||
171,890 | iShares MSCI Poland ETF(b) | 3,764,391 | |||||
166,740 | iShares MSCI Sweden ETF | 6,226,072 | |||||
TOTAL EXCHANGE-TRADED FUNDS (Cost $105,214,987) |
111,077,307 | ||||||
SHORT-TERM INVESTMENTS — 12.6% | |||||||
COLLATERAL FOR SECURITIES LOANED - 12.6% | |||||||
14,039,948 | Fidelity Investments Monet Market Government Portfolio, Institutional Class, 5.26% (Cost $14,039,948)(d),(e) | 14,039,948 | |||||
| |||||||
TOTAL INVESTMENTS - 112.2% (Cost $119,254,935) | $ 125,117,255 | ||||||
LIABILITIES IN EXCESS OF OTHER ASSETS - (12.2)% |
(13,598,551) | ||||||
NET ASSETS - 100.0% |
$ 111,518,704 | ||||||
ETF | - Exchange-Traded Fund |
FTSE | - Financial Times Stock Exchange |
MSCI | - Morgan Stanley Capital International |
(a) | Non-income producing security. | |
(b) | All or a portion of the security is on loan. The total fair value of the securities on loan as of January 31, 2024 was $13,751,002. | |
(c) | Affiliated Company – Main International ETF holds in excess of 5% of outstanding voting securities of this security. | |
(d) | Rate disclosed is the seven day effective yield as of January 31, 2024. | |
(e) | Security was purchased with cash received as collateral for securities on loan at January 31, 2024. Total collateral had a value of $14,039,948 at January 31, 2024. |