0001387131-23-008938.txt : 20230728 0001387131-23-008938.hdr.sgml : 20230728 20230728111034 ACCESSION NUMBER: 0001387131-23-008938 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230531 FILED AS OF DATE: 20230728 DATE AS OF CHANGE: 20230728 PERIOD START: 20230831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Tidal ETF Trust CENTRAL INDEX KEY: 0001742912 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-23377 FILM NUMBER: 231121123 BUSINESS ADDRESS: STREET 1: 234 WEST FLORIDA STREET, SUITE 203 CITY: MILWAUKEE, STATE: WI ZIP: 53204 BUSINESS PHONE: 844-986-7676 MAIL ADDRESS: STREET 1: 234 WEST FLORIDA STREET, SUITE 203 CITY: MILWAUKEE, STATE: WI ZIP: 53204 0001742912 S000072498 ATAC Credit Rotation ETF C000228801 ATAC Credit Rotation ETF JOJO NPORT-P 1 primary_doc.xml NPORT-P false 0001742912 XXXXXXXX S000072498 C000228801 Tidal ETF Trust 811-23377 0001742912 549300VTYHP8U2332C46 234 West Florida Street Suite 203 Milwaukee 53204 8449867700 ATAC Credit Rotation ETF S000072498 549300298SNMLHBIXW02 2023-08-31 2023-05-31 N 7742819.86 2579681.81 5163138.05 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N First American Government Obli 549300R5MYM6VZF1RM44 First American Government Obligations Fund 31846V336 19544 NS USD 19544.47 0.38 Long STIV RF US N 1 N N N iShares iBoxx High Yield Corpo N/A iShares iBoxx High Yield Corporate Bond ETF 464288513 48620 NS USD 3603228.2 69.79 Long EC RF US N 1 N N Mount Vernon Liquid Assets Portfolio, LLC N/A Mount Vernon Liquid Assets Portfolio, LLC N/A 2574044 NS USD 2574044 49.85 Long STIV PF US N N/A N N Xtrackers USD High Yield Corpo 5493000ENPC36KSKPY20 Xtrackers USD High Yield Corporate Bond ETF 233051432 45397 NS USD 1543951.97 29.9 Long EC RF US N 1 N N N 2023-07-27 Tidal ETF Trust /s/ Aaron Perkovich Aaron Perkovich Treasurer/Principal Financial Officer XXXX NPORT-EX 2 jojo.htm SCHEDULE OF INVESTMENTS

ATAC Credit Rotation ETF
  
             
Schedule of Investments (Unaudited)
  
May 31, 2023
  
             
Description
  
Shares
    
Value
  
EXCHANGE-TRADED FUNDS - 99.7%
            
iShares iBoxx High Yield Corporate Bond ETF (1)(2)
    
48,620
    
$
3,603,228
  
Xtrackers USD High Yield Corporate Bond ETF (1)
    
45,397
      
1,543,952
  
Total Exchange-Traded Funds
                
(Cost $5,235,522)
            
5,147,180
  
                 
SHORT-TERM INVESTMENTS - 0.4%
                
First American Government Obligations Fund, Class X, 4.968% (3)
                
(Cost $19,544)
    
19,544
      
19,544
  
                 
INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 49.8%
                
Mount Vernon Liquid Assets Portfolio, LLC, 5.290% (3)
                
(Cost $2,574,044)
    
2,574,044
      
2,574,044
  
                 
Total Investments - 149.9%
                
(Cost $7,829,110)
            
7,740,768
  
Liabilities in Excess of Other Assets, Net - (49.9)%
            
(2,577,559
)
Total Net Assets - 100.0%
          
$
5,163,209
  

(1) 
Value of this security exceeds 25% of the ATAC Credit Rotation ETF’s (the “Fund”) net assets.  Additional information for this security, including the financial statements, is available from the SEC’s EDGAR database at www.sec.gov.
(2) 
This security or a portion of this security was out on loan as of May 31, 2023. Total loaned securities had a value of $2,510,032 or 48.6% of net assets as of May 31, 2023. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous.
(3) 
The rate shown is the annualized seven day effective yield as of May 31, 2023.

 
Summary of Fair Value Exposure at May 31, 2023 (Unaudited)
           
The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are:
 
 
 
 
    
• Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
• Level 2 — Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment spreads, credit risk, yield curves, default rates and similar data.
• Level 3 — Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.
 
 
 
 
    
The following is a summary of the inputs used to value the Fund’s investments as of May 31, 2023:

Investments in Securities
  
Investments
Measured at Net
Asset Value
    
Level 1
    
Level 2
    
Level 3
    
Total
Exchange-Traded Funds
  
$
–
    
$
5,147,180
    
$
–
    
$
–
    
$
5,147,180
Short-Term Investments
    
–
      
19,544
      
–
      
–
      
19,544
Investments Purchased With Collateral From Securities Lending (1)
    
2,574,044
      
–
      
–
      
–
      
2,574,044
Total Investments in Securities
  
$
2,574,044
    
$
5,166,724
    
$
–
    
$
–
    
$
7,740,768
         
(1) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments.