Motley Fool 100 Index ETF
Schedule of Investments
May 31, 2026 (Unaudited)

COMMON STOCKS - 99.9%

Shares  

Value  
Altaba, Inc. - Escrow Shares (a)(b)

            8,537

    $        8,537






Aerospace & Defense - 1.3%

Axon Enterprise, Inc. (b)

            7,000

             3,141,040
HEICO Corp.

            9,759

             3,397,889
Howmet Aerospace, Inc.

            32,567

             8,410,428
Rocket Lab Corp. (b)

            50,999

             7,317,336
TransDigm Group, Inc.

            4,550

             5,725,356




             27,992,049






Air Freight & Logistics - 0.4%

FedEx Corp.

            19,337

             7,962,010






Automobiles - 2.3%

Tesla, Inc. (b)

            112,084

             48,845,086






Banks - 3.3%

JPMorgan Chase & Co.

            213,834

             64,002,654
Truist Financial Corp.

            97,437

             4,697,438




             68,700,092






Beverages - 0.3%

Monster Beverage Corp. (b)

            79,948

             7,041,820






Biotechnology - 1.9%

Alnylam Pharmaceuticals, Inc. (b)

            9,918

             2,995,038
Amgen, Inc.

            42,746

             14,396,425
Gilead Sciences, Inc.

            97,514

             13,108,807
Vertex Pharmaceuticals, Inc. (b)

            20,356

             9,110,124




             39,610,394






Broadline Retail - 5.6%

Amazon.com, Inc. (b)

            413,542

             111,921,007
Coupang, Inc. (b)

            135,000

             2,241,000
eBay, Inc. (c)

            35,455

             3,874,168




             118,036,175






Capital Markets - 2.1%

CME Group, Inc.

            29,388

             8,038,793
Goldman Sachs Group, Inc.

            24,555

             25,182,626
Intercontinental Exchange, Inc.

            44,897

             6,638,021
Nasdaq, Inc.

            45,980

             4,254,070




             44,113,510






Chemicals - 0.5%

Ecolab, Inc.

            22,397

             5,733,632
Sherwin-Williams Co.

            19,384

             5,889,635




             11,623,267






Commercial Services & Supplies - 0.6%

Cintas Corp.

            34,188

             5,855,037


Waste Management, Inc.

            31,671

             6,697,149




             12,552,186






Communications Equipment - 1.3%

Arista Networks, Inc. (b)

            112,797

             17,987,738
Motorola Solutions, Inc.

            13,808

             5,568,490
Ubiquiti, Inc.

            5,072

             2,961,338




             26,517,566






Construction & Engineering - 0.4%

Comfort Systems USA, Inc.

            2,926

             5,349,342
EMCOR Group, Inc.

            3,613

             2,987,301




             8,336,643






Consumer Staples Distribution & Retail - 3.5%

Costco Wholesale Corp.

            34,298

             32,799,863
Sysco Corp.

            44,129

             3,345,420
Walmart, Inc.

            321,452

             37,208,069




             73,353,352






Electric Utilities - 0.4%

Constellation Energy Corp.

            30,187

             8,686,309






Electronic Equipment, Instruments & Components - 0.9%

Coherent Corp. (b)

            17,333

             6,265,359
Corning, Inc.

            67,737

             12,271,235




             18,536,594






Entertainment - 2.5%

Live Nation Entertainment, Inc. (b)(c)

            18,529

             3,120,469
Netflix, Inc. (b)

            329,838

             28,372,665
ROBLOX Corp. - Class A (b)

            50,000

             2,357,500
Take-Two Interactive Software, Inc. (b)

            14,932

             3,347,157
Walt Disney Co.

            144,430

             14,707,307




             51,905,098






Financial Services - 6.5%

Berkshire Hathaway, Inc. - Class B (b)

            86,013

             40,811,448
Block, Inc. (b)

            49,246

             3,728,907
Mastercard, Inc. - Class A

            71,507

             35,323,028
PayPal Holdings, Inc.

            73,799

             3,302,505
Rocket Cos., Inc. - Class A (b)

            228,166

             3,310,689
Visa, Inc. - Class A

            153,657

             50,147,499




             136,624,076






Ground Transportation - 1.3%

Old Dominion Freight Line, Inc.

            16,261

             3,661,164
Uber Technologies, Inc. (b)

            170,773

             12,022,419
Union Pacific Corp. (c)

            46,858

             12,306,785




             27,990,368






Health Care Equipment & Supplies - 1.0%

GE HealthCare Technologies, Inc.

            37,252

             2,322,290
IDEXX Laboratories, Inc. (b)

            6,564

             3,699,011
Intuitive Surgical, Inc. (b)

            29,641

             12,586,754
ResMed, Inc.

            11,828

             2,254,062




             20,862,117








Health Care Providers & Services - 1.1%

CVS Health Corp.

            101,457

             9,230,558
HCA Healthcare, Inc.

            18,739

             7,093,461
McKesson Corp.

            9,913

             7,359,808




             23,683,827






Hotels, Restaurants & Leisure - 2.1%

Airbnb, Inc. - Class A (b)

            50,519

             6,734,688
Booking Holdings, Inc.

            66,975

             11,213,624
Chipotle Mexican Grill, Inc. (b)

            98,000

             3,122,280
DoorDash, Inc. - Class A (b)

            36,808

             5,863,147
Marriott International, Inc. - Class A

            21,107

             7,927,789
Starbucks Corp.

            95,739

             9,493,479




             44,355,007






Insurance - 0.4%

Progressive Corp.

            47,761

             9,093,694






Interactive Media & Services - 12.4%

Alphabet, Inc. - Class C

            485,713

             182,836,945
Meta Platforms, Inc. - Class A

            126,503

             80,014,412




             262,851,357






IT Services - 0.7%

Cloudflare, Inc. - Class A (b)

            30,986

             7,493,034
Snowflake, Inc. - Class A (b)(c)

            31,827

             8,133,390




             15,626,424






Machinery - 0.5%

Cummins, Inc.

            11,329

             7,325,671
Westinghouse Air Brake Technologies Corp.

            13,390

             3,496,933




             10,822,604






Oil, Gas & Consumable Fuels - 1.7%

Chevron Corp.

            153,023

             27,920,576
EQT Corp.

            49,748

             2,732,658
Kinder Morgan, Inc.

            175,598

             5,457,586




             36,110,820






Pharmaceuticals - 0.4%

Bristol-Myers Squibb Co.

            153,676

             8,787,194






Semiconductors & Semiconductor Equipment - 21.4%

Advanced Micro Devices, Inc. (b)

            130,815

             67,513,622
Broadcom, Inc.

            232,349

             103,806,563
Intel Corp. (b)

            412,343

             47,287,495
Lam Research Corp.

            111,236

             35,393,070
NVIDIA Corp.

            940,128

             198,498,626




             452,499,376






Software - 12.1%

Adobe Systems, Inc. (b)

            33,020

             8,559,114
AppLovin Corp. - Class A (b)

            31,401

             19,251,639
Autodesk, Inc. (b)

            17,398

             4,024,331
Crowdstrike Holdings, Inc. - Class A (b)

            21,517

             15,728,927


Datadog, Inc. - Class A (b)

            30,813

             7,621,596
Fortinet, Inc. (b)

            60,064

             8,287,030
Intuit, Inc.

            21,293

             7,059,268
Microsoft Corp.

            292,532

             131,709,608
Palo Alto Networks, Inc. (b)

            66,483

             18,727,596
Salesforce, Inc.

            70,000

             13,377,000
ServiceNow, Inc. (b)

            79,000

             9,825,230
Synopsys, Inc. (b)

            16,714

             7,949,513
Workday, Inc. - Class A (b)

            19,500

             2,850,705




             254,971,557






Specialized REITs - 0.9%

American Tower Corp.

            37,846

             7,075,688
Crown Castle, Inc.

            35,022

             3,204,513
Equinix, Inc.

            7,758

             8,285,854




             18,566,055






Specialty Retail - 0.8%

AutoZone, Inc. (b)

            1,305

             3,830,423
TJX Cos., Inc.

            87,177

             13,490,641




             17,321,064






Technology Hardware, Storage & Peripherals - 8.3%

Apple, Inc.

            560,893

             175,032,270






Textiles, Apparel & Luxury Goods - 0.2%

NIKE, Inc. - Class B

            108,000

             4,992,840






Wireless Telecommunication Services - 0.8%

T-Mobile US, Inc.

            86,293

             16,182,526
TOTAL COMMON STOCKS (Cost $1,453,933,751)

             2,110,193,864






SHORT-TERM INVESTMENTS
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 0.8%
Units  

Value  
Mount Vernon Liquid Assets Portfolio, LLC, 3.74% (d)

            16,763,894

             16,763,894
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $16,763,894)

             16,763,894






TOTAL INVESTMENTS - 100.7% (Cost $1,470,697,645)

             2,126,957,758
Liabilities in Excess of Other Assets - (0.7)%
(0.00697)
            (14,731,516)
TOTAL NET ASSETS - 100.0%




    $        2,112,226,242


Percentages are stated as a percent of net assets.




REIT - Real Estate Investment Trust
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.




(a)

Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities represented $8,537 or 0.0% of net assets as of May 31, 2026.
(b)

Non-income producing security.
(c)

All or a portion of this security is on loan as of May 31, 2026. The fair value of these securities was $16,783,235.
(d)

The rate shown represents the 7-day annualized yield as of May 31, 2026.



Summary of Fair Value Disclosure as of May 31, 2026 (Unaudited)
 
Motley Fool 100 Index ETF 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 May 31, 2026:



Level 1

Level 2

Level 3

Total
Investments:







  Common Stocks
    $        2,110,185,327

    $        –

    $        8,537

    $        2,110,193,864
  Investments Purchased with Proceeds from Securities Lending(a)
            –

            –

            –

            16,763,894
Total Investments
    $        2,110,185,327

    $        –

    $        8,537

    $        2,126,957,758

Refer to the Schedule of Investments for further disaggregation of investment categories.




(a)

Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount presented in the table is intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.