Clockwise U.S. Core Equity ETF 

Schedule of Investments

May 31, 2026 (Unaudited)

COMMON STOCKS - 93.7%  Shares  Value  
Consumer Discretionary Products - 3.4%          
Tesla, Inc.(a)   968   $421,845 
Toll Brothers, Inc.   500    69,270 
         491,115 
Consumer Staple Products - 1.9%          
Altria Group, Inc.   4,000    278,320 
           
Financial Services - 5.1%          
Hut 8 Corp.(a)   2,439    304,460 
Robinhood Markets, Inc. - Class A(a)   1,600    150,880 
Visa, Inc. - Class A   850    277,406 
         732,746 
           
Industrial Products - 3.5%          
Boeing Co.(a)   1,227    283,621 
GE Aerospace   687    222,423 
         506,044 
           
Industrial Services - 1.0%          
MasTec, Inc.(a)   395    149,456 
           
Insurance - 2.1%          
Berkshire Hathaway, Inc. - Class B(a)   625    296,550 
           
Materials - 6.5%          
Cameco Corp.   1,900    214,130 
Newmont Corp.   3,970    435,946 
Wheaton Precious Metals Corp.   2,110    279,786 
         929,862 
Media - 14.6%          
Alphabet, Inc. - Class A   3,629    1,380,254 
Meta Platforms, Inc. - Class A   674    426,312 
Netflix, Inc.(a)   3,369    289,801 
         2,096,367 
Oil & Gas - 7.9%          
Chevron Corp.   1,562    285,003 
ConocoPhillips   2,483    283,012 
Exxon Mobil Corp.   1,936    281,223 
Phillips 66   1,600    281,408 
         1,130,646 

 

 

Retail & Wholesale - Discretionary - 6.4%          
Amazon.com, Inc.(a)   2,824   $764,287 
FirstCash Holdings, Inc.   687    151,078 
         915,365 
Software & Tech Services - 7.6%          
Adobe, Inc.(a)   250    64,803 
DocuSign, Inc.(a)   1,300    68,276 
Manhattan Associates, Inc.(a)   450    67,522 
Microsoft Corp.   1,966    885,172 
         1,085,773 
Tech Hardware & Semiconductors - 31.7%(b)          
Apple, Inc.   4,559    1,422,682 
Applied Materials, Inc.   699    314,592 
ASML Holding NV   93    149,987 
Broadcom, Inc.   1,418    633,520 
Intel Corp.(a)   1,211    138,877 
Micron Technology, Inc.   391    379,661 
Nokia Oyj, ADR   9,165    136,009 
NVIDIA Corp.   5,803    1,225,245 
Taiwan Semiconductor Manufacturing Co. Ltd., ADR   330    138,088 
         4,538,661 
Telecommunications - 1.0%          
Viasat, Inc.(a)   1,700    137,054 
           
Utilities - 1.0%          
Evergy, Inc.   1,700    139,468 
           
TOTAL COMMON STOCKS (Cost $11,652,253)        13,427,427 
           
EXCHANGE TRADED FUNDS - 5.9%   Shares    Value 
ProShares UltraPro Short QQQ ETF   16,834    641,039 
ProShares UltraPro Short S&P 500   5,900    214,524 
         855,563 
           
TOTAL EXCHANGE TRADED FUNDS (Cost $993,842)        855,563 
           
SHORT-TERM INVESTMENTS - 0.2%          
Money Market Funds - 0.2%   Shares    Value 
First American Government Obligations Fund - Class X, 3.55%(c)   25,544    25,544 
           
TOTAL SHORT-TERM INVESTMENTS (Cost $25,544)        25,544 
           
TOTAL INVESTMENTS - 99.8% (Cost $12,671,639)       $14,308,534 
Other Assets in Excess of Liabilities - 0.2%        24,222 
TOTAL NET ASSETS - 100.0%       $14,332,756 
           
Percentages are stated as a percent of net assets.          

 

ADR American Depositary Receipt

 

(a) Non-income producing security.
(b) To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(c) The rate shown represents the 7-day annualized effective yield as of May 31, 2026.