ANFIELD U.S. EQUITY SECTOR ROTATION ETF
SCHEDULE OF INVESTMENTS (Unaudited)
January 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 13.5%      
    AEROSPACE & DEFENSE - 2.2%      
3,253   General Electric Company(a)       $ 997,988
2,985   Huntington Ingalls Industries, Inc. (a)         1,255,222
3,325   Woodward, Inc. (a)         1,056,818
             

3,310,028

    ASSET MANAGEMENT - 0.6%      
3,042   Affiliated Managers Group, Inc. (a)         952,420
             
    BIOTECH & PHARMA - 0.6%      
41,925   Roivant Sciences Ltd.(a)         906,419
             
    CHEMICALS - 0.6%      
1,347   NewMarket Corporation(a)         903,554
             
    ENTERTAINMENT CONTENT - 0.6%      
4,726   Electronic Arts, Inc. (a)         963,726
             
    INDUSTRIAL INTERMEDIATE PROD - 0.7%      
2,167   RBC Bearings, Inc.(a)         1,082,785
             
    INDUSTRIAL SUPPORT SERVICES - 0.7%      
23,043   Fastenal Company(a)         999,144
             
    INSTITUTIONAL FINANCIAL SERVICES - 0.7%      
10,295   Nasdaq, Inc. (a)         997,482
             
    INSURANCE - 0.7%      
9,194   Loews Corporation(a)         970,611
             
    METALS & MINING - 1.4%      
11,572   Anglogold Ashanti plc(a)         1,074,692
9,819   Newmont Corporation(a)         1,103,164
             

2,177,856

 
 

 

ANFIELD U.S. EQUITY SECTOR ROTATION ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
January 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 13.5% (Continued)      
    SEMICONDUCTORS - 1.5%      
4,817   Advanced Micro Devices, Inc.(a)       $  1,140,329
5,646   NVIDIA Corporation(a)       1,079,120
             

2,219,449

    SOFTWARE - 1.2%      
5,311   Palantir Technologies, Inc., Class A(a)         778,539
45,386   QXO, Inc.(a)         1,006,662
             

1,785,201

    SPECIALTY FINANCE - 0.6%      
53,077   Rocket Companies, Inc., Class A(a)         951,671
             
    TECHNOLOGY HARDWARE - 0.7%      
2,841   Lumentum Holdings, Inc.(a)         1,113,217
             
    TELECOMMUNICATIONS - 0.7%      
18,259   Millicom International Cellular S.A. (a)         1,114,347
             
    TOTAL COMMON STOCKS (Cost $17,987,704)    

  20,447,910

               
Shares             Fair Value
    EXCHANGE-TRADED FUNDS — 86.0%      
    EQUITY - 86.0%      
105,092   ARK Next Generation Internet ETF         14,388,146
55,302   GLOBAL X MLP ETF         2,847,500
36,155   Invesco KBW Bank ETF         3,116,561
85,435   iShares Semiconductor ETF         29,586,140
54,708   iShares U.S. Medical Devices ETF         3,286,857
130,365   iShares US Pharmaceuticals ETF         11,300,038
32,573   SPDR S&P 500 ETF         22,539,539
255,024   State Street Communication Services Select Sector         30,623,282
37,482   State Street Consumer Discretionary Select Sector         4,541,694
             
             
             
             
 
 

 

ANFIELD U.S. EQUITY SECTOR ROTATION ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
January 31, 2026
 
Shares             Fair Value
   

EXCHANGE-TRADED FUNDS — 86.0% (Continued)

EQUITY – 86.0% (Continued)

      
33,553   State Street Industrial Select Sector SPDR Fund       $  5,551,008
49,884   State Street Utilities Select Sector SPDR ETF         2,157,483
             

129,938,248

               
    TOTAL EXCHANGE-TRADED FUNDS (Cost $107,986,217)    

129,938,248

               
    TOTAL INVESTMENTS - 99.5% (Cost $125,973,921)     $ 150,386,158
    OTHER ASSETS IN EXCESS OF LIABILITIES- 0.5%    

785,918

    NET ASSETS - 100.0%        

$ 151,172,076

           
               
 

 

 

 

ETF  - Exchange-Traded Fund
LTD  - Limited Company
PLC  - Public Limited Company
S.A.  - Société Anonyme
SPDR  - Standard & Poor's Depositary Receipt
   
 

 

 

 

(a) Non-income producing security.