NPORT-EX 2 growthandincome.htm

STF Tactical Growth & Income ETF
Schedule of Investments
as of December 31, 2023 (Unaudited)

COMMON STOCKS - 99.1%
  
Shares
    
Value
Accommodation - 0.5%
    
Marriott International, Inc. - Class A
  
964
   $
  217,392
             
Administrative and Support Services - 2.5%
    
Baker Hughes Co.
  
3,228
    
 110,333
Booking Holdings, Inc.(a)
  
114
    
 404,383
PayPal Holdings, Inc.(a)
  
3,581
    
 219,909
PDD Holdings, Inc. - ADR(a)(b)
  
2,176
    
 318,371
         
 1,052,996
             
Apparel Manufacturing - 0.5%
  
Lululemon Athletica, Inc.(a)(b)
  
396
    
 202,471
             
Beverage and Tobacco Product Manufacturing - 2.9%
    
Coca-Cola Europacific Partners PLC(b)
  
1,499
    
 100,043
Keurig Dr. Pepper, Inc.
  
4,599
    
 153,239
Monster Beverage Corp.(a)
  
3,422
    
 197,141
PepsiCo, Inc.
  
4,485
    
 761,733
         
 1,212,156
           
Broadcasting - 1.4%
  
Comcast Corp. - Class A
  
13,266
    
 581,714
Broadcasting and Content Providers - 0.4%
  
Sirius XM Holdings, Inc.
  
12,751
    
 69,748
Warner Bros Discovery, Inc.(a)
  
7,991
    
 90,938
         
 160,686
             
Broadline Retail - 0.6%
    
MercadoLibre, Inc.(a)(b)
  
165
    
 259,304
             
Chemical Manufacturing - 4.5%
    
Amgen, Inc.
  
1,748
    
 503,459
AstraZeneca PLC - ADR(b)
  
1,901
    
 128,032
Biogen, Inc.(a)
  
476
    
 123,175
Gilead Sciences, Inc.
  
4,078
    
 330,359
Moderna, Inc.(a)
  
1,295
    
 128,788
Regeneron Pharmaceuticals, Inc.(a)
  
353
    
 310,036
Vertex Pharmaceuticals, Inc.(a)
  
826
    
 336,091
         
 1,859,940
           
Clothing, Clothing Accessories, Shoe, and Jewelry Retailers - 0.8%
  
Charter Communications, Inc. - Class A(a)
  
486
    
 188,898
Ross Stores, Inc.
  
1,109
    
 153,475
         
 342,373
             
Computer and Electronic Product Manufacturing - 30.5%(e)
    
Advanced Micro Devices, Inc.(a)
  
5,316
    
 783,632
Analog Devices, Inc.
  
1,630
    
 323,653
Apple, Inc.
  
19,739
    
 3,800,349
Broadcom, Inc.
  
1,551
    
 1,731,303
Cisco Systems, Inc.
  
13,269
    
 670,350
Fortinet, Inc.(a)
  
2,535
    
 148,374
GE HealthCare Technologies, Inc.
  
1,505
    
 116,367
GLOBALFOUNDRIES, Inc.(a)
  
1,781
    
 107,929
IDEXX Laboratories, Inc.(a)
  
273
    
 151,529
Illumina, Inc.(a)
  
519
    
 72,266
Intel Corp.
  
14,054
    
 706,214
Lam Research Corp.
  
434
    
 339,935
Marvell Technology, Inc.
  
2,822
    
 170,195
Microchip Technology, Inc.
  
1,791
    
 161,512
Micron Technology, Inc.
  
3,638
    
 310,467
NVIDIA Corp.
  
3,131
    
 1,550,533
NXP Semiconductors(b)
  
848
    
 194,768
ON Semiconductor Corp.(a)
  
1,415
    
 118,195
QUALCOMM, Inc.
  
3,633
    
 525,441
Roper Technologies, Inc.
  
347
    
 189,174
Texas Instruments, Inc.
  
2,997
    
 510,869
         
 12,683,055
             
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services - 1.5%
  
Airbnb, Inc. - Class A(a)
  
1,437
    
 195,633
Automatic Data Processing, Inc.
  
1,354
    
 315,441
Verisk Analytics, Inc.
  
475
    
 113,459
         
 624,533
             
Food Manufacturing - 1.1%
    
Kraft Heinz Co.
  
4,030
    
 149,029
Mondelez International, Inc. - Class A
  
4,413
    
 319,634
         
 468,663
             
Food Services and Drinking Places - 1.3%
    
Cintas Corp.
  
335
    
 201,891
Starbucks Corp.
  
3,739
    
 358,981
         
 560,872
             
General Merchandise Stores - 2.3%
    
Costco Wholesale Corp.
  
1,433
    
 945,895
             
Health and Personal Care Stores - 0.2%
    
 Walgreens Boots Alliance, Inc.
  
2,762
    
 72,116
             
Machinery Manufacturing - 2.2%
    
Applied Materials, Inc.
  
2,771
    
 449,096
ASML Holding - ADR(b)
  
289
    
 218,750
KLA Corp.
  
448
    
 260,422
         
 928,268
             
Merchant Wholesalers, Durable Goods - 0.7%
  
Copart, Inc.(a)
  
3,141
    
 153,909
Fastenal Co.
  
1,877
    
 121,573
         
 275,482
             
Miscellaneous Manufacturing - 1.3%
    
Dexcom, Inc.(a)
  
1,265
    
 156,974
Intuitive Surgical, Inc.(a)
  
1,153
    
 388,976
         
 545,950
             
Motion Picture and Sound Recording Industries - 0.2%
    
Take-Two Interactive Software, Inc.(a)
  
564
    
90,776
             
Motor Vehicle and Parts Dealers - 0.4%
    
O'Reilly Automotive, Inc.(a)
  
191
    
181,465
             
Nonstore Retailers - 4.8%
    
Amazon.com, Inc.(a)
  
13,064
    
 1,984,944
Other Information Services - 4.8%
    
CoStar Group, Inc.(a)
  
1,348
    
 117,802,944
Meta Platforms, Inc. - Class A(a)
  
4,471
    
 1,582,555,944
         
 1,700,357,944
           
           
Professional, Scientific, and Technical Services - 7.6%
    
Alphabet, Inc. - Class C(a)
  
7,272
    
 1,024,843
Alphabet, Inc. - Class A(a)
  
7,516
    
 1,049,909
CDW Corp.
  
433
    
 98,430
Cognizant Technology Solutions - Class A
  
1,648
    
 124,473
Palo Alto Networks, Inc.(a)
  
1,035
    
 305,201
Paychex, Inc.
  
1,188
    
 141,503
Trade Desk, Inc. - Class A(a)
  
1,478
    
 106,57
Workday, Inc. - Class A(a)
  
683
    
 188,549
Zscaler, Inc.(a)
  
485
    
 107,457
         
 3,146,722
             
Publishing Industries (Except Internet) - 12.4%
  
Adobe Systems, Inc.(a)
  
1,497
    
 893,110
Autodesk, Inc.(a)
  
701
    
 170,679
Cadence Design Systems, Inc.(a)
  
892
    
 242,954
Crowdstrike Holdings, Inc. - Class A(a)
  
740
    
 188,937
Datadog, Inc. - Class A(a)
  
991
    
 120,288
Microsoft Corp.
  
9,381
    
 3,527,631
         
 5,143,599
Publishing Industries – 3.5%
    
ANSYS, Inc.(a)
  
281
    
 101,969
Dollar Tree, Inc. - Class A(a)
  
499
    
 118,692
Atlassian Corp. - Class A(a)(b)
  
700
    
 99,435,692
Intuit, Inc.
  
913
    
 570,653
MongoDB, Inc.(a)
  
234
    
 95,671
Splunk, Inc.(a)
  
551
    
 83,945
Synopsys, Inc.(a)
  
495
    
 254,880
         
 1,446,732
             
Rail Transportation - 0.5%
    
CSX Corp.
  
6,436
    
 223,136
             
Rental and Leasing Services - 1.7%
  
Netflix, Inc.(a)
  
1,430
    
 696,238
             
Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers - 0.3%
    
DoorDash, Inc. - Class A(a)
  
1,224
    
 121,041
             
Support Activities for Mining - 0.2%
  
Diamondback Energy, Inc.
  
570
    
 88,396
             
Telecommunications - 1.5%
    
T-Mobile U.S., Inc.
  
3,789
    
 607,490
             
Transportation Equipment Manufacturing - 5.1%
    
Honeywell International, Inc.
  
2,180
    
 457,168
PACCAR, Inc.
  
1,718
    
 167,763
Tesla, Inc.(a)
  
6,082
    
 1,511,255
         
 2,136,186
             
Truck Transportation - 0.3%
    
Old Dominion Freight Line, Inc.
  
357
    
 144,703
             
Utilities - 1.2%
    
American Electric Power Co., Inc.
  
1,722
    
 139,861
Constellation Energy Corp.
  
1,061
    
 124,020
Exelon Corp.
  
3,279
    
 117,716
Xcel Energy, Inc.
  
1,809
    
 111,995
         
 493,592
TOTAL COMMON STOCKS (Cost $34,919,320)
    
 41,199,243
             
OPTIONS PURCHASED - 0.7%(c)(d)
Notional Amount
  
Contracts
    
Value
Call Options - 0.7%
        
$–
NASDAQ 100 Index, Expiration: 01/19/2024; Exercise Price: $17,075.00
 40,038,192
  
24
    
 287,760
Total Call Options
          
 287,760
TOTAL OPTIONS PURCHASED (Cost $247,669)
    
 287,760
             
TOTAL INVESTMENTS - 99.8% (Cost $35,166,989)
   $
41,487,003
Other Assets in Excess of Liabilities - 0.2%
    
89,313
TOTAL NET ASSETS - 100.0%
    
 
   $
41,576,316
     
Percentages are stated as a percent of net assets.
    


ADR - American Depositary Receipt
PLC - Public Limited Company

(a)
  
Non-income producing security.
(b)
  
Foreign issued security.
(c)
  
Exchange-traded.
(d)
  
100 shares per contract.
(e)
  
To the extent the Fund invests more heavily in particular sectors of the economy, its performance will be especially sensitive to developments that significantly affect those sectors.

STF Tactical Growth & Income ETF
  
Schedule of Options Written
  
as of December 31, 2023 (Unaudited)
  
   
OPTIONS WRITTEN - (2.2)% (a)(b)
  
Notional Amount
    
Contracts
    
Value
  
Call Options - (2.2)%
                  
NASDAQ 100 Index, Expiration: 01/19/2024; Exercise Price: $16,600.00
  
$
40,038,192
      
24
    
$
929,640
  
Total Call Options
                    
929,640
  
TOTAL OPTIONS WRITTEN (Premiums received $691,610)
                    
929,640
  

(a)
Exchange-traded.
(b)
100 shares per contract.
Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels.

Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs
(including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant
unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The level assigned to the
securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.

The Fund did not hold any investments during the period with significant unobservable inputs which would be classified as Level 3.

The following is a summary of the inputs used to value the Fund's investments carried at fair value as of December 31, 2023:

STF Tactical Growth & Income ETF
  
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Common Stocks
  
$
41,199,243
    
$
–
    
$
–
    
$
41,199,243
  
  Options
    
–
      
287,760
      
–
      
287,760
  
Total Investments
  
$
41,199,243
    
$
287,760
    
$
–
    
$
41,487,003
  
                                 
Investments Sold Short:
                                
  Options
  
$
–
    
$
929,640
    
$
–
    
$
929,640
  
Total Investments Sold Short
  
$
–
    
$
929,640
    
$
–
    
$
929,640
  
                                 
   
Refer to the Schedule of Investments for industry classifications.