MAIN SECTOR ROTATION ETF
SCHEDULE OF INVESTMENTS (Unaudited)
January 31, 2023
 
Shares             Fair Value
    EXCHANGE-TRADED FUNDS — 97.1%      
    EQUITY - 97.1%      
359,800   Consumer Discretionary Select Sector SPDR Fund       $ 53,502,260
3,544,030   Financial Select Sector SPDR Fund(a)         129,569,736
899,500   Health Care Select Sector SPDR Fund(a)         119,957,320
292,980   Invesco QQQ Trust Series 1         86,317,768
139,005   iShares Expanded Tech-Software Sector ETF         39,195,240
462,600   iShares Russell 2000 ETF         88,578,648
1,524,010   iShares S&P Mid-Cap 400 Growth ETF(a)         111,542,292
930,340   Schwab U.S. Large-Cap Value ETF(a)         63,942,268
776,140   SPDR S&P Biotech ETF(b),(c)         68,998,846
675,910   Technology Select Sector SPDR Fund(a)         91,896,724
38,550   VanEck Oil Services ETF         12,723,427
262,140   VanEck Semiconductor ETF(c)         62,153,394
842,960   Vanguard Energy ETF         105,268,845
    TOTAL EXCHANGE-TRADED FUNDS (Cost $843,804,657)    

  1,033,646,768

               
    SHORT-TERM INVESTMENT — 2.0%      
    COLLATERAL FOR SECURITIES LOANED - 2.0%      
21,706,535   Fidelity Investments Money Market Government Portfolio, Institutional Class, 4.24% (Cost $21,706,535)(d),(e)         21,706,535
             
    TOTAL INVESTMENTS - 99.1% (Cost $865,511,192)     $ 1,055,353,303
    CALL OPTIONS WRITTEN - (0.2)% (Proceeds - $1,683,866)     (2,300,510)
    OTHER ASSETS IN EXCESS OF LIABILITIES- 1.1%    

12,039,603

    NET ASSETS - 100.0%        

$ 1,065,092,396

           
Contracts(f)              
    WRITTEN EQUITY OPTIONS - (0.2)%   Expiration Date Exercise Price Notional Value Fair Value
    CALL OPTIONS WRITTEN- (0.2)%      
362   VanEck Oil Services ETF   03/17/2023 $ 270 $ 9,774,000 $ 2,300,510
    TOTAL EQUITY OPTIONS WRITTEN (Proceeds - $1,683,866)    
           
 
 
MAIN SECTOR ROTATION ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
January 31, 2023
 

 

 

ETF  - Exchange-Traded Fund
SPDR  - Standard & Poor's Depositary Receipt

 

(a) All or a portion of the security is held as collateral for options. As of January 31, 2023, the fair value of the securities held as collateral was $168,601,350.
(b) Non-income producing security.
(c) All or a portion of the security is on loan. The total fair value of the securities on loan as of January 31, 2023 was $21,706,420.
(d) Security was purchased with cash received as collateral for securities on loan at January 31, 2023. Total collateral had a value of $21,706,353 at January 31, 2023.
(e) Rate disclosed is the seven day effective yield as of January 31, 2023.
(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, 2023
 
Shares             Fair Value
    EXCHANGE-TRADED FUNDS — 99.1%      
    EQUITY - 99.1%      
391,500   ARK Fintech Innovation ETF(a),(b)       $ 7,219,260
224,100   ARK Genomic Revolution ETF(a),(b)         7,552,170
504,900   Bitwise Crypto Industry Innovators ETF(a)         2,771,901
356,400   Global X Cloud Computing ETF(a),(b)         6,397,380
332,100   Global X Robotics & Artificial Intelligence ETF         7,903,980
213,260   Invesco Solar ETF(a),(b)         17,231,408
278,100   KraneShares CSI China Internet ETF(a)         9,419,247
143,100   Proshares Online Retail ETF(a)         5,154,462
234,900   Renaissance IPO ETF(a),(b)         6,729,885
137,700   VanEck Video Gaming and eSports ETF         6,725,268
    TOTAL EXCHANGE-TRADED FUNDS (Cost $105,138,121)    

  77,104,961

               
    SHORT-TERM INVESTMENT — 29.0%      
    COLLATERAL FOR SECURITIES LOANED - 29.0%      
22,600,959   Fidelity Investments Money Market Government Portfolio, Institutional Class, 4.24% (Cost $22,600,959)(c),(d)         22,600,959
             
    TOTAL INVESTMENTS - 128.1% (Cost $127,739,080)     $ 99,705,920
    LIABILITIES IN EXCESS OF OTHER ASSETS - (28.1)%    

(21,859,819)

    NET ASSETS - 100.0%        

$ 77,846,101

 

 

 

 

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, 2023 was $22,836,111.
(c) Security was purchased with cash received as collateral for securities on loan at January 31, 2023. Total collateral had a value of $22,600,959 at January 31, 2023.
(d) Rate disclosed is the seven day effective yield as of January 31, 2023.

 

 

 

 

MAIN INTERNATIONAL ETF
SCHEDULE OF INVESTMENTS (Unaudited)
January 31, 2023
 
Shares             Fair Value
    EXCHANGE-TRADED FUNDS — 94.2%      
    EQUITY - 94.2%      
288,085   Franklin FTSE Brazil ETF       $ 5,378,547
116,755   Franklin FTSE Canada ETF         3,779,359
434,360   Franklin FTSE Japan ETF         11,206,488
140,700   Franklin FTSE South Korea ETF         3,077,109
122,275   Franklin FTSE Taiwan ETF         4,447,142
434,385   Franklin FTSE United Kingdom ETF         10,598,994
197,100   iShares MSCI Europe Financials ETF         3,914,406
135,050   iShares MSCI France ETF         4,991,448
301,125   iShares MSCI Germany ETF(a)         8,443,545
244,550   iShares MSCI Poland ETF         4,093,767
118,640   iShares MSCI Sweden ETF         4,146,468
335,800   KraneShares CSI China Internet ETF(b)         11,373,546
             

75,450,819

               
    TOTAL EXCHANGE-TRADED FUNDS (Cost $70,805,996)    

  75,450,819

               
    SHORT-TERM INVESTMENT — 4.9%      
    COLLATERAL FOR SECURITIES LOANED - 4.9%      
3,961,500   Fidelity Investments Money Market Government Portfolio, Institutional Class, 4.24% (Cost $3,961,500)(c),(d)         3,961,500
             
    TOTAL INVESTMENTS - 99.1% (Cost $74,767,496)     $ 79,412,319
    OTHER ASSETS IN EXCESS OF LIABILITIES- 0.9%    

711,466

    NET ASSETS - 100.0%        

$ 80,123,785

           

 

 

 

 

ETF  - Exchange-Traded Fund
FTSE  - Financial Times Stock Exchange
MSCI  - Morgan Stanley Capital International

 

(a) All or a portion of the security is on loan. The total fair value of the securities on loan as of January 31, 2023 was $3,897,560.
(b) Non-income producing security.
(c) Security was purchased with cash received as collateral for securities on loan at January 31, 2023. Total collateral had a value of $3,961,500 at January 31, 2023.
(d) Rate disclosed is the seven day effective yield as of January 31, 2023.