AMPLIUS AGGRESSIVE ASSET ALLOCATION ETF
SCHEDULE OF INVESTMENTS
April 30, 2026 (Unaudited)
Shares  
Value  
EXCHANGE TRADED FUNDS - 87.0%


Alpha Architect 1-3 Month Box ETF (a)(b)

6,644 

$774,225 
Invesco QQQ Trust Series 1

42,746 

28,543,214 
iShares 0-3 Month Treasury Bond ETF

165,010 

16,611,557 
iShares 0-5 Year TIPS Bond ETF

161,705 

16,841,576 
iShares 1-3 Year Treasury Bond ETF

174,685 

14,408,019 
iShares Core MSCI EAFE ETF

199,630 

19,072,650 
iShares Core MSCI Emerging Markets ETF

257,459 

20,207,957 
iShares Core MSCI Total International Stock ETF

22,181 

2,066,826 
iShares Core S&P Mid-Cap ETF

197,522 

14,373,676 
iShares Core S&P Small-Cap ETF

106,860 

14,650,506 
iShares Global 100 ETF

165,044 

22,320,550 
iShares MSCI ACWI ETF

35,705 

5,410,736 
iShares S&P 100 ETF

77,781 

27,596,699 
John Hancock Multi-Factor Mid Cap ETF

29,365 

2,111,343 
Pacer Developed Markets International Cash Cows 100 ETF

73,652 

3,274,568 
State Street SPDR Dow Jones Industrial Average ETF Trust

13,251 

6,581,109 
State Street SPDR S&P 500 ETF Trust

9,413 

6,764,747 
Vanguard Total World Stock ETF

57,018 

8,621,122 
Vanguard Ultra Short Bond ETF

51,477 

2,564,069 
TOTAL EXCHANGE TRADED FUNDS (Cost $188,709,916)

232,795,149 





COMMON STOCKS - 12.3%


Communication Services - 1.4%

Interactive Media & Services - 1.4%




Alphabet, Inc. - Class A

6,021 

2,316,881 
Alphabet, Inc. - Class C

2,139 

816,970 
Meta Platforms, Inc. - Class A

1,217 

744,694 
Total Communication Services

3,878,545 





Consumer Discretionary - 0.8%

Automobile Manufacturers - 0.1%




Tesla, Inc. (a)

971 

370,563 





Broadline Retail - 0.6%




Amazon.com, Inc. (a)

6,227 

1,650,528 





Home Improvement Retail - 0.1%




Home Depot, Inc.

660 

217,008 
Total Consumer Discretionary

2,238,099 





1

AMPLIUS AGGRESSIVE ASSET ALLOCATION ETF
SCHEDULE OF INVESTMENTS
April 30, 2026 (Unaudited)
Shares  
Value  
Consumer Staples - 0.4%

Consumer Staples Merchandise Retail - 0.4%




Walmart, Inc.

7,334 

$967,575 





Energy - 0.4%

Integrated Oil & Gas - 0.4%




Exxon Mobil Corp.

6,255 

965,334 





Financials - 1.0%

Diversified Banks - 0.6%




JPMorgan Chase & Co.

4,793 

1,501,311 





Multi-Sector Holdings - 0.2%




Berkshire Hathaway, Inc. - Class B (a)

1,234 

584,422 





Transaction & Payment Processing Services - 0.2%




Visa, Inc. - Class A

2,097 

691,675 
Total Financials

2,777,408 





Health Care - 0.7%

Pharmaceuticals - 0.7%




Eli Lilly & Co.

934 

872,916 
Johnson & Johnson

3,807 

875,039 
Total Health Care

1,747,955 





Industrials - 0.7%

Aerospace & Defense - 0.3%




General Electric Co.

2,766 

801,946 





Construction Machinery & Heavy Transportation Equipment - 0.4%




Caterpillar, Inc.

1,277 

1,136,671 
Total Industrials

1,938,617 





Information Technology - 6.2%

Application Software - 0.3%




Palantir Technologies, Inc. - Class A (a)

6,108 

849,684 





Communications Equipment - 0.4%




Cisco Systems, Inc.

11,660 

1,066,890 





Semiconductors - 2.7%




Advanced Micro Devices, Inc. (a)

4,654 

1,649,796 
Broadcom, Inc.

4,865 

2,030,797 
2

AMPLIUS AGGRESSIVE ASSET ALLOCATION ETF
SCHEDULE OF INVESTMENTS
April 30, 2026 (Unaudited)
Shares  
Value  
Micron Technology, Inc.

2,320 

$1,199,811 
NVIDIA Corp.

12,250 

2,444,733 




7,325,137 
Systems Software - 0.8%




Microsoft Corp.

5,030 

2,051,134 





Technology Hardware, Storage & Peripherals - 2.0%




Apple, Inc.

19,380 

5,258,763 
Total Information Technology

16,551,608 





Materials - 0.3%

Industrial Gases - 0.3%




Linde PLC

1,879 

941,642 





Utilities - 0.4%

Electric Utilities - 0.4%




NextEra Energy, Inc.

10,097 

988,294 
TOTAL COMMON STOCKS (Cost $19,068,060)

32,995,077 





REAL ESTATE INVESTMENT TRUSTS - 0.4%


Real Estate - 0.4%

Health Care REITs - 0.4%




Welltower, Inc.

4,541 

986,941 
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $939,668)

986,941 





SHORT-TERM INVESTMENTS
MONEY MARKET FUNDS - 0.3%

First American Government Obligations Fund - Class X, 3.58% (c)

711,533 

711,533 
TOTAL MONEY MARKET FUNDS (Cost $711,533)

711,533 





TOTAL INVESTMENTS - 100.0% (Cost $209,429,177)

$267,488,700 
Liabilities in Excess of Other Assets - (0.0)% (d)
(67,189)
TOTAL NET ASSETS - 100.0%



$267,421,511 

Percentages are stated as a percent of net assets.

PLC - Public Limited Company
REIT - Real Estate Investment Trust

(a)

Non-income producing security.
(b)

Affiliated security as defined by the Investment Company Act of 1940.
(c)

The rate shown represents the 7-day annualized yield as of April 30, 2026.
(d)

Represents less than 0.05% of net assets.
3

AMPLIUS AGGRESSIVE ASSET ALLOCATION ETF
SCHEDULE OF INVESTMENTS
April 30, 2026 (Unaudited)

The Global Industry Classification Standard (“GICS®”) was developed by and/or is the exclusive property of MSCI, Inc. (“MSCI”) and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.
4
AMPLIUS AGGRESSIVE ASSET ALLOCATION ETF

Summary of Fair Value Disclosure as of April 30, 2026 (Unaudited)
Amplius Aggressive Asset Allocation ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

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 speeds, 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 based on the best information available.
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of April 30, 2026:
DESCRIPTION
LEVEL 1

LEVEL 2

LEVEL 3

TOTAL
Investments:







Exchange Traded Funds
$232,795,149 

$— 

$— 

$232,795,149 
Common Stocks
32,995,077 

— 

— 

32,995,077 
Real Estate Investment Trusts
986,941 

— 

— 

986,941 
Money Market Funds
711,533 

— 

— 

711,533 
Total Investments
$267,488,700 

$— 

$— 

$267,488,700 
Refer to the Schedule of Investments for further disaggregation of investment categories.

During the fiscal period ended April 30, 2026, the Fund did not invest in any Level 3 investments and recognized no transfers to/from Level 3. Transfers between levels are recognized at the end of the reporting period.

Transactions with Affiliates

The Fund’s transactions with affiliates represent holdings for which it and the underlying exchange-traded funds have the same investment adviser. The Fund had the following transactions with such affiliated funds during the fiscal period ended April 30, 2026:


Alpha Architect 1-3 Month Box ETF
Value as of January 31, 2026

$756,544 
Additions

80,487 
Reductions

(69,940)
Realized gain (loss)

1,815 
Net change in unrealized appreciation (depreciation)

5,319 
Value as of April 30, 2026

$774,225 



Dividend (Interest) income

$— 
Capital gain distributions from underlying funds

$— 
Shares as of April 30, 2026

6,644 
5