| LONG POND REAL ESTATE SELECT ETF | ||
| SCHEDULE OF INVESTMENTS (Unaudited) | ||
| May 31, 2026 | ||
| Common Stocks — 99.8% | Shares | Fair Value |
| Consumer Discretionary — 28.1%* | ||
| Accor S.A. (France) | 142,866 | $ 7,840,766 |
| DR Horton, Inc. | 67,456 | 9,922,103 |
| Hilton Grand Vacations, Inc.(a) | 81,676 | 4,248,786 |
| Hilton Worldwide Holdings, Inc. | 10,870 | 3,561,664 |
| Hyatt Hotels Corporation, Class A | 50,650 | 9,185,883 |
| Red Rock Resorts, Inc., Class A | 59,802 | 3,491,241 |
| Wyndham Hotels & Resorts, Inc. | 28,273 | 2,269,191 |
| Wynn Resorts Ltd. | 34,757 | 3,518,104 |
|
44,037,738 | ||
| Real Estate — 71.7%* | ||
| Agree Realty Corporation - REIT | 94,772 | 7,027,344 |
| American Tower Corporation, Class A - REIT | 19,701 | 3,683,299 |
| Americold Realty Trust, Inc. - REIT | 230,521 | 3,616,874 |
| Camden Property Trust - REIT | 52,106 | 5,552,415 |
| CubeSmart - REIT | 100,180 | 4,007,200 |
| Equinix, Inc. - REIT | 2,314 | 2,471,445 |
| Equity LifeStyle Properties, Inc. - REIT | 134,083 | 8,282,307 |
| Extra Space Storage, Inc. - REIT | 23,485 | 3,389,120 |
| Healthpeak Properties, Inc. - REIT | 526,406 | 10,080,675 |
| Independence Realty Trust, Inc. - REIT | 795,991 | 12,918,934 |
| Invitation Homes, Inc. - REIT | 214,571 | 6,276,202 |
| Janus Living, Inc. - REIT | 169,988 | 4,550,579 |
| Mid-America Apartment Communities, Inc. - REIT | 39,024 | 5,036,828 |
| Prologis, Inc. - REIT | 23,796 | 3,414,012 |
| SBA Communications Corporation, Class A - REIT | 42,002 | 8,533,126 |
| UDR, Inc. - REIT | 342,242 | 12,628,730 |
| UNITE Group PLC (The) - REIT | 1,544,582 | 10,753,590 |
|
112,222,680 | ||
| Total Common Stocks | ||
| (Cost $147,479,091) |
156,260,418 | |
| Total Investments — 99.8% | ||
| (Cost $147,479,091) |
156,260,418 | |
| Other Assets in Excess of Liabilities - 0.2% |
256,614 | |
| Total Net Assets — 100.0% |
$ 156,517,032 | |
| LTD | - Limited Company |
| PLC | - Public Limited Company |
| REIT | - Real Estate Investment Trust |
| S.A. | - Société Anonyme |
| * |
More narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting purposes. |
| (a) | Non-income producing security. |