Portfolio of Investments
June 30, 2021 (Unaudited)
The SPAC and New Issue ETF
Portfolio of Investments Summary Table |
| Percentage of Fair Value (%) |
|
Financials |
| 96.3 |
|
Health Care |
| 1.3 |
|
Warrants |
| 2.4 |
|
Total |
| 100.0 |
|
|
|
|
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Portfolio holdings and allocations are subject to change. As of June 30, 2021, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund's total net assets. |
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Portfolio of Investments |
|
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Shares |
|
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| Fair Value ($) |
Common Stocks — 97.3% |
|
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Financials — 96.0% |
|
| ||
76,993 |
| 10X Capital Venture Acquisition Corp.(a) |
| 766,850 |
524,281 |
| Accelerate Acquisition Corp.(a) |
| 5,080,284 |
189,602 |
| Adara Acquisition Corp.(a) |
| 1,842,931 |
255,379 |
| Adara Sponsor LLC(a) |
| 1,985,827 |
183,390 |
| AEA-Bridges Impact Corp., Class A(a) |
| 1,786,219 |
98,677 |
| Aldel Financial, Inc.(a) |
| 1,010,946 |
201,929 |
| Altimar Acquisition Corp. II(a) |
| 1,962,750 |
386,362 |
| Apollo Strategic Growth Capital(a) |
| 3,778,621 |
163,094 |
| Ares Acquisition Corp.(a) |
| 1,590,167 |
180,469 |
| Astrea Acquisition Corp.(a) |
| 1,745,135 |
119,909 |
| Atlas Crest Investment Corp. II(a) |
| 1,169,113 |
210,640 |
| Avanti Acquisition Corp.(a) |
| 2,051,634 |
189,089 |
| Bridgetown 2 Holdings, Ltd., Class A(a) |
| 1,928,707 |
59,145 |
| Capstar Special Purpose Acquisition Corp.(a) |
| 579,030 |
364,217 |
| CC Neuberger Principal Holdings II(a) |
| 3,602,107 |
95,402 |
| Churchill Capital Corp. V(a) |
| 960,698 |
229,745 |
| Citic Capital Acquisition Corp., Class A(a) |
| 2,276,773 |
119,973 |
| Class Acceleration Corp.(a) |
| 1,162,538 |
294,580 |
| Cohn Robbins Holdings Corp.(a) |
| 2,901,614 |
68,868 |
| Crucible Acquisition Corp.(a) |
| 668,020 |
172,501 |
| Decarbonization Plus Acquisition Corp.(a) |
| 1,778,485 |
130,945 |
| Decarbonization Plus Acquisition Corp. II(a) |
| 1,292,427 |
105,060 |
| Decarbonization Plus Acquisition Corp. III(a) |
| 1,089,472 |
232,649 |
| E.Merge Technology Acquisition Corp.(a) |
| 2,270,654 |
79,477 |
| Elliott Opportunity II Corp.(a) |
| 795,565 |
173,339 |
| Far Peak Acquisition Corp., Class A(a) |
| 1,724,723 |
99,346 |
| Fintech Acquisition Corp. VI(a) |
| 1,002,401 |
115,101 |
| Foresight Acquisition Corp.(a) |
| 1,138,349 |
194,725 |
| Fortress Capital Acquisition Corp.(a) |
| 1,916,094 |
155,569 |
| G Squared Ascend I, Inc.(a) |
| 1,535,466 |
170,778 |
| G&P Acquisition Corp.(a) |
| 1,663,378 |
82,678 |
| GigCapital4, Inc.(a) |
| 814,378 |
250,000 |
| Global Consumer Acquisition(a) |
| 1,998,000 |
66,920 |
| Global Consumer Acquisition Corp.(a) |
| 668,531 |
58,445 |
| Global SPAC Partners Co.(a) |
| 592,340 |
148,617 |
| GO Acquisition Corp.(a) |
| 1,453,474 |
69,542 |
| Gobi Acquisition Corp.(a) |
| 684,989 |
52,594 |
| Golden Arrow Merger Corp.(a) |
| 507,532 |
162,290 |
| Gores Holdings V, Inc.(a) |
| 1,639,129 |
170,542 |
| Gores Metropoulos II, Inc.(a) |
| 1,686,660 |
78,898 |
| Healthcare Capital Corp.(a) |
| 761,366 |
114,225 |
| HealthCor Catalio Acquisition Corp.(a) |
| 1,125,116 |
177,381 |
| Hennessy Capital Investment Corp., Class A(a) |
| 1,793,322 |
76,897 |
| Horizon Acquisition Corp.(a) |
| 765,125 |
163,929 |
| Hudson Executive Investment Corp. II(a) |
| 1,591,751 |
90,211 |
| Hudson Executive Investment Corp. III(a) |
| 878,655 |
Portfolio of Investments (continued)
June 30, 2021 (Unaudited)
The SPAC and New Issue ETF
131,504 |
| Isleworth Healthcare Acquisition Corp.(a) |
| 1,288,739 |
Shares |
|
|
| Fair Value ($) |
|
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Financials — 96.0% (continued) |
|
| ||
86,604 |
| Kadem Sustainable Impact Corp.(a) |
| 833,130 |
134,439 |
| Kernel Group Holdings, Inc.(a) |
| 1,308,091 |
210,897 |
| Kismet Acquisition One Corp.(a) |
| 2,089,989 |
97,548 |
| Lux Health Tech Acquisition Corp., Class A(a) |
| 964,750 |
71,597 |
| Moringa Acquisition Corp.(a) |
| 690,911 |
201,344 |
| New Vista Acquisition Corp.(a) |
| 1,946,996 |
165,762 |
| Newbury Street Acquisition Corp.(a) |
| 1,601,261 |
173,335 |
| Nextgen Acquisition Corp. II(a) |
| 1,783,617 |
34,333 |
| Nextgen Acquisition Corp. II(a) |
| 87,892 |
25,768 |
| Northern Lights Acquisition Corp.(a) |
| 262,834 |
116,353 |
| Oaktree Acquisition Corp. II, Class A(a) |
| 1,149,568 |
57,979 |
| Peridot Acquisition Corp. II(a) |
| 565,875 |
99,783 |
| Primavera Capital Acquisition Corp.(a) |
| 1,015,791 |
149,636 |
| Property Solutions Acquisition Corp. II(a) |
| 1,460,447 |
77,535 |
| Rotor Acquisition Corp.(a) |
| 773,799 |
145,642 |
| Scion Tech Growth II(a) |
| 1,412,727 |
196,939 |
| Silver Spike Acquisition Corp. II(a) |
| 1,920,155 |
22,500 |
| Silver Spike II, Class B(a) |
| 175,500 |
72,947 |
| Social Capital Hedosophia Holdings Corp. VI, Class A(a) |
| 744,059 |
184,557 |
| Spartan Acquisition Corp. III(a) |
| 1,804,967 |
366,721 |
| Starboard Value Acquisition Corp., Class A(a) |
| 3,667,211 |
145,689 |
| SVF Investment Corp., Class A(a) |
| 1,439,407 |
185,744 |
| Trebia Acquisition Corp.(a) |
| 1,838,866 |
174,502 |
| Twelve Seas Investment Co. II(a) |
| 1,683,944 |
103,911 |
| VectoIQ Acquisition Corp. II(a) |
| 1,039,110 |
84,894 |
| VY Global Growth(a) |
| 844,695 |
|
|
|
| 106,411,677 |
Health Care — 1.3% |
|
| ||
170,678 |
| Talkspace, Inc.(a) |
| 1,418,334 |
Total Common Stocks (Cost $115,287,389) |
| 107,830,011 | ||
|
|
|
|
|
Warrants — 2.4% |
|
| ||
189,885 |
| Accelerate Acquisition Corp., 12/31/2027(a) |
| 233,558 |
425,000 |
| Adara Sponsor LLC, 01/13/2049(a) |
| 227,765 |
84,153 |
| Altimar Acquisition Corp. II, 12/31/2027(a) |
| 97,617 |
54,760 |
| Apollo Strategic Growth, 10/29/2027(a) |
| 65,164 |
31,139 |
| Ares Acquisition Corp., Class A, 12/31/2027(a) |
| 38,924 |
37,748 |
| Atlas Crest Investment Corp. II, 02/28/2026(a) |
| 43,410 |
41,630 |
| CC Neuberger Principal Holdings II - CW25 07/29/2025(a) |
| 56,617 |
23,867 |
| Churchill Capital Corp. V, 10/29/2027(a) |
| 49,166 |
57,273 |
| Class Acceleration Corp., Class A, 03/31/2028(a) |
| 45,246 |
22,960 |
| Crucible Acquisition Corp., 12/26/2025(a) |
| 24,338 |
45,220 |
| Decarbonization Plus Acquisition Corp. - CW25, 10/02/2025(a) |
| 103,554 |
39,624 |
| Decarbonization Plus Acquisition Corp. II, 10/02/2025(a) |
| 57,851 |
35,248 |
| Decarbonization Plus Acquisition Corp. III, 02/12/2023(a) |
| 89,530 |
57,364 |
| Far Peak Acquisition Corp. - CW25, 12/07/2025(a) |
| 81,457 |
38,360 |
| Foresight Acquisition Corp., 01/31/2027(a) |
| 53,320 |
35,345 |
| Fortress Capital Acquisition Corp., 12/31/2027(a) |
| 38,116 |
30,227 |
| G Squared Ascend I, Inc., Class A, 12/31/2027(a) |
| 36,575 |
27,572 |
| GigCapital4, Inc., 12/31/2028(a) |
| 31,432 |
17,646 |
| Golden Arrow Merger Corp., 07/31/2026(a) |
| 14,757 |
33,114 |
| Gores Metropoulos II, Inc., 01/31/2028(a) |
| 46,360 |
39,451 |
| Healthcare Capital Corp., 03/08/2025(a) |
| 28,405 |
39,128 |
| Hudson Executive Investment Corp. II, 01/31/2027(a) |
| 46,562 |
18,160 |
| Hudson Executive Investment Corp. III, 12/31/2028(a) |
| 20,339 |
144,005 |
| Kadem Sustainable Impact Corp., 03/16/2026(a) |
| 109,444 |
64,205 |
| Kernel Group Holdings, Inc., Class A, 01/31/2027(a) |
| 66,773 |
35,796 |
| Moringa Acquisition Corp., 02/10/2026(a) |
| 27,205 |
Portfolio of Investments (continued)
June 30, 2021 (Unaudited)
The SPAC and New Issue ETF
Shares |
|
|
| Fair Value ($) |
|
|
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Warrants — 2.4% (continued) |
|
| ||
42,345 |
| New Vista Acquisition Corp., 12/31/2027(a) |
| 42,345 |
80,505 |
| Newbury Street Acquisition C, 12/31/2027(a) |
| 59,582 |
18,016 |
| Oaktree Acquisition Corp. II, 09/15/2027(a) |
| 22,160 |
9,283 |
| Peridot Acquisition Corp. - CW27, 11/30/2027(a) |
| 25,157 |
11,078 |
| Peridot Acquisition Corp. II, Class A, 04/30/2028(a) |
| 12,297 |
45,362 |
| Property Solutions Acquisition Corp., 03/01/2026(a) |
| 59,424 |
37,026 |
| Rotor Acquisition Corp., Class A, 06/15/2027(a) |
| 45,542 |
59,597 |
| Scion Tech Growth II, 01/28/2026(a) |
| 55,109 |
49,882 |
| Silver Spike Acquisition Corp. II, 02/26/2026(a) |
| 67,341 |
225,000 |
| Silver Spike II, 01/13/2049(a) |
| 242,999 |
30,025 |
| Spartan Acquisition Corp. III, 02/04/2026(a) |
| 35,730 |
70,918 |
| Starboard Value Acquisition Corp. - CW27, 09/10/2027(a) |
| 143,964 |
26,303 |
| SVF Investment Corp. - CW27, 12/31/2027(a) |
| 40,244 |
55,548 |
| Twelve Seas Investment Co. II, 03/02/2028(a) |
| 49,438 |
20,787 |
| VectoIQ Acquisition Corp. II, 12/31/2027(a) |
| 27,855 |
|
|
|
| 2,662,672 |
Total Warrants (Cost $228,007) |
| 2,662,672 | ||
|
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|
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Total Investments — 99.7% |
|
| ||
(Cost $115,515,396) |
| 110,492,683 | ||
Other Assets in Excess of Liabilities — 0.3% |
| 364,589 | ||
Net Assets — 100.0% |
| $110,857,272 | ||
|
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(a) | Non-income producing security |
|
Portfolio of Investments
June 30, 2021 (Unaudited)
The De-SPAC ETF
Portfolio of Investments Summary Table |
| Percentage of Fair Value (%) |
|
Communication Services |
| 8.1 |
|
Consumer Discretionary |
| 24.2 |
|
Consumer Staples |
| 3.8 |
|
Financials |
| 4.5 |
|
Health Care |
| 11.3 |
|
Industrials |
| 16.6 |
|
Information Technology |
| 18.6 |
|
Materials |
| 8.7 |
|
Real Estate |
| 4.2 |
|
Total |
| 100.0 |
|
|
|
|
|
Portfolio holdings and allocations are subject to change. As of June 30, 2021, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund's total net assets. |
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|
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|
|
|
| ||
Portfolio of Investments |
|
| ||
Shares |
|
|
| Fair Value ($) |
Common Stocks — 99.8% |
|
| ||
Communication Services — 8.1% |
|
| ||
8,184 |
| Genius Sports, Ltd.(a) |
| 153,614 |
7,133 |
| Skillz, Inc.(a) |
| 154,929 |
|
|
|
| 308,543 |
Consumer Discretionary — 24.2% |
|
| ||
15,805 |
| Canoo, Inc.(a) |
| 157,102 |
8,173 |
| Fisker, Inc.(a) |
| 157,575 |
13,440 |
| Lordstown Motors Corp.(a) |
| 148,646 |
6,485 |
| Luminar Technologies, Inc.(a) |
| 142,346 |
7,841 |
| Porch Group, Inc.(a) |
| 151,645 |
5,473 |
| QuantumScape Corp.(a) |
| 160,140 |
|
|
|
| 917,454 |
Consumer Staples — 3.8% |
|
| ||
8,960 |
| AppHarvest, Inc.(a) |
| 143,360 |
Financials — 4.5% |
|
| ||
4,001 |
| Open Lending Corp.(a) |
| 172,403 |
Health Care — 11.2% |
|
| ||
10,848 |
| Butterfly Network, Inc.(a) |
| 157,079 |
10,081 |
| Clover Health Investments Corp.(a) |
| 134,279 |
12,424 |
| Hims & Hers Health, Inc.(a) |
| 135,297 |
|
|
|
| 426,655 |
Industrials — 16.5% |
|
| ||
5,286 |
| ChargePoint Holdings, Inc.(a) |
| 183,636 |
12,351 |
| Desktop Metal, Inc.(a) |
| 142,036 |
12,464 |
| Hyliion Holdings Corp.(a) |
| 145,206 |
8,701 |
| Nikola Corp.(a) |
| 157,140 |
|
|
|
| 628,018 |
Information Technology — 18.6% |
|
| ||
13,620 |
| Aeva Technologies, Inc.(a) |
| 143,963 |
10,246 |
| BTRS Holdings, Inc.(a) |
| 129,305 |
11,411 |
| E2open Parent Holdings, Inc.(a) |
| 130,314 |
12,803 |
| Paysafe, Ltd.(a) |
| 155,044 |
13,780 |
| Velodyne Lidar, Inc.(a) |
| 146,619 |
|
|
|
| 705,245 |
Materials — 8.7% |
|
| ||
6,169 |
| Danimer Scientific, Inc.(a) |
| 154,534 |
4,756 |
| MP Materials Corp.(a) |
| 175,306 |
|
|
|
| 329,840 |
Real Estate — 4.2% |
|
| ||
8,881 |
| Opendoor Technologies, Inc.(a) |
| 157,460 |
Portfolio of Investments (continued)
June 30, 2021 (Unaudited)
The De-SPAC ETF
Total Common Stocks (Cost $3,320,934) |
| 3,788,978 | ||
|
|
|
|
|
Total Investments — 99.8% |
|
| ||
(Cost $3,320,934) |
| 3,788,978 | ||
Other Assets in Excess of Liabilities — 0.2% |
| 7,788 | ||
Net Assets — 100.0% |
| $3,796,766 | ||
|
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|
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(a) | Non-income producing security |
|
Portfolio of Investments
June 30, 2021 (Unaudited)
The Short De-SPAC ETF
Total Return Swap Agreements |
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Pay/ Receive |
| Financing Rate |
| Description |
| Counter party |
| Expiration |
| Payment Frequency |
| Notional |
| Value |
| Upfront Premiums Paid/ (Received) |
| Unrealized Appreciation/ (Depreciation) |
Receive |
| 0.03% |
| Aeva Technologies Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 518 |
| 16 |
| — |
| 16 |
Receive |
| 0.03% |
| AppHarvest Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 513 |
| 42 |
| — |
| 42 |
Receive |
| 0.03% |
| Longview Acquisition Corp |
| Cowen |
| 12/31/22 |
| At Maturity |
| 560 |
| (14) |
| — |
| (14) |
Receive |
| 0.03% |
| BTRS Holdings Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 461 |
| 83 |
| — |
| 83 |
Receive |
| 0.03% |
| ChargePoint Holdings Inc. Class A |
| Cowen |
| 12/31/22 |
| At Maturity |
| 660 |
| (88) |
| — |
| (88) |
Receive |
| 0.03% |
| Clover Health Investments Corp |
| Cowen |
| 12/31/22 |
| At Maturity |
| 484 |
| (19) |
| — |
| (19) |
Receive |
| 0.03% |
| Desktop Metal Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 484 |
| 80 |
| — |
| 80 |
Receive |
| 0.03% |
| Danimer Scientific Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 551 |
| 1 |
| — |
| 1 |
Receive |
| 0.03% |
| E2open Parent Holdings Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 466 |
| 64 |
| — |
| 64 |
Receive |
| 0.03% |
| Fisker Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 565 |
| (47) |
| — |
| (47) |
Receive |
| 0.03% |
| Genius Sports Limited |
| Cowen |
| 12/31/22 |
| At Maturity |
| 541 |
| 52 |
| — |
| 52 |
Receive |
| 0.03% |
| Canoo Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 560 |
| (26) |
| — |
| (26) |
Receive |
| 0.03% |
| Hims & Hers Health Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 487 |
| 108 |
| — |
| 108 |
Receive |
| 0.03% |
| Hyliion Holdings Corp |
| Cowen |
| 12/31/22 |
| At Maturity |
| 516 |
| 4 |
| — |
| 4 |
Receive |
| 0.03% |
| Luminar Technologies Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 508 |
| 42 |
| — |
| 42 |
Receive |
| 0.03% |
| Open Lending Corporation |
| Cowen |
| 12/31/22 |
| At Maturity |
| 616 |
| (46) |
| — |
| (46) |
Receive |
| 0.03% |
| MP Materials Corp |
| Cowen |
| 12/31/22 |
| At Maturity |
| 629 |
| (76) |
| — |
| (76) |
Receive |
| 0.03% |
| Nikola Corporation |
| Cowen |
| 12/31/22 |
| At Maturity |
| 562 |
| (34) |
| — |
| (34) |
Receive |
| 0.03% |
| Opendoor Technologies Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 563 |
| (31) |
| — |
| (31) |
Receive |
| 0.03% |
| Porch Group Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 546 |
| (23) |
| — |
| (23) |
Receive |
| 0.03% |
| Paysafe Ltd. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 553 |
| (15) |
| — |
| (15) |
Receive |
| 0.03% |
| QuantumScape Corporation |
| Cowen |
| 12/31/22 |
| At Maturity |
| 573 |
| (20) |
| — |
| (20) |
Receive |
| 0.03% |
| Lordstown Motors Corp |
| Cowen |
| 12/31/22 |
| At Maturity |
| 529 |
| 36 |
| — |
| 36 |
Receive |
| 0.03% |
| Skillz Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 552 |
| (25) |
| — |
| (25) |
Receive |
| 0.03% |
| Velodyne Lidar Inc. |
| Cowen |
| 12/31/22 |
| At Maturity |
| 525 |
| 1 |
| — |
| 1 |
|
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|
|
|
|
|
|
| $65 |
|
|
| $65 |
|
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Amounts designated as “—” are $0 or have been rounded to $0.
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