MAIN SECTOR ROTATION ETF
SCHEDULE OF INVESTMENTS (Unaudited)
July 31, 2026
 
Shares             Fair Value
    EXCHANGE-TRADED FUNDS — 99.6%      
    EQUITY - 99.6%      
595,912   Invesco Nasdaq 100 ETF       $ 168,815,910
2,160,608   State Street Consumer Discretionary Select Sector SPDR ETF(a)         250,824,983
1,870,384   State Street Energy Select Sector SPDR ETF(a)         111,381,367
9,596,630   State Street Financial Select Sector SPDR ETF         546,432,112
1,921,717   State Street Industrial Select Sector SPDR ETF(a)         345,601,585
2,154,201   State Street Materials Select Sector SPDR ETF         108,636,356
6,080,640   State Street Technology Select Sector SPDR ETF         1,066,240,225
3,772,733   State Street Utilities Select Sector SPDR ETF         167,320,709
    TOTAL EXCHANGE-TRADED FUNDS (Cost $2,373,266,858)      

2,765,253,247

               
    SHORT-TERM INVESTMENTS — 0.5%      
    COLLATERAL FOR SECURITIES LOANED - 0.0% (b)      
1,037,400   State Street Navigator Securities Lending Government Money Market Portfolio, 3.68% (Cost $1,037,400)(c),(d)         1,037,400
             
 
    MONEY MARKET FUNDS - 0.5%      
13,453,656   State Street Institutional Treasury Money Market Fund, Premier Class, 3.63% (Cost $13,453,656)(d)         13,453,656
             
 
    TOTAL SHORT-TERM INVESTMENTS (Cost $14,491,056)  

14,491,056

         
    TOTAL INVESTMENTS - 100.1% (Cost $2,387,757,914)     $ 2,779,744,303
    LIABILITIES IN EXCESS OF OTHER ASSETS - (0.1)%    

(2,374,833)

    NET ASSETS - 100.0%        

$ 2,777,369,470

           
               
 

 

 

 

 

ETF  - Exchange-Traded Fund
SPDR  - Standard & Poor's Depositary Receipt
 
(a) All or a portion of the security is on loan.  The total fair value of the securities on loan as of July 31, 2026 was $5,030,055.
(b) Percentage rounds to less than 0.1%.
(c) Security was purchased with cash received as collateral for securities on loan at July 31, 2026. Total collateral had a value of $1,037,400 at July 31, 2026. Additional non-cash collateral received from the borrower not disclosed in the Schedule of Investments had a fair value of $3,999,265.
(d) Rate disclosed is the seven day effective yield as of July 31, 2026.

 

 

 
 

 

MAIN THEMATIC INNOVATION ETF
SCHEDULE OF INVESTMENTS (Unaudited)
July 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.5%      
    AEROSPACE & DEFENSE - 6.8%      
6,817   AeroVironment, Inc.(a)(b)       $ 1,018,255
5,143   Axon Enterprise, Inc.(a)         2,714,270
32,564   CAE, Inc.(a)         840,802
2,569   Curtiss-Wright Corporation         1,859,956
1,716   Elbit Systems Ltd.(b)         1,387,643
2,569   General Dynamics Corporation         985,006
2,569   Huntington Ingalls Industries, Inc.         838,650
23,994   Karman Holdings, Inc.(a)(b)         1,155,311
21,425   Kratos Defense & Security Solutions, Inc.(a)         998,405
3,427   Moog, Inc., Class A         1,336,016
8,570   Woodward, Inc.         3,091,628
             

16,225,942

    CHEMICALS - 3.0%      
68,708   Element Solutions, Inc.         2,523,645
13,728   Qnity Electronics, Inc.         1,800,839
42,941   Sociedad Quimica y Minera de Chile S.A. - ADR         2,879,623
             

7,204,107

    DIVERSIFIED INDUSTRIALS - 1.6%      
14,603   ITT, Inc.         2,861,896
847   Parker-Hannifin Corporation         827,121
             

3,689,017

    ELECTRIC UTILITIES - 2.1%      
8,203   Constellation Energy Corporation         2,155,338
19,709   Vistra Corporation         2,920,677
             

5,076,015

    ELECTRICAL EQUIPMENT - 13.2%      
45,439   AAON, Inc.         4,046,797
11,167   Advanced Energy Industries, Inc.         3,233,070
13,713   BWX Technologies, Inc.         2,313,383
3,426   GE Vernova, Inc.         3,392,734
14,603   Generac Holdings, Inc.(a)         2,878,397
14,507   Keysight Technologies, Inc.(a)         4,628,893
14,585   Modine Manufacturing Company(a)         2,932,460
5,994   Rockwell Automation, Inc.         2,877,600
 
 

 

MAIN THEMATIC INNOVATION ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
July 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.5% (Continued)      
    ELECTRICAL EQUIPMENT - 13.2% (Continued)      
29,855   Trimble, Inc.(a)       $ 1,689,196
12,856   Vertiv Holdings Company, Class A         3,105,624
             

31,098,154

    ENGINEERING & CONSTRUCTION - 1.1%      
7,731   MYR Group, Inc.(a)         2,576,124
             
 
    INDUSTRIAL INTERMEDIATE PROD - 1.2%      
5,154   RBC Bearings, Inc.(a)         2,841,452
             
 
    MACHINERY - 2.3%      
9,383   Crane Company         2,002,895
4,285   CSW Industrials, Inc.         1,366,615
6,848   Kadant, Inc.         2,105,760
             

5,475,270

    MEDICAL EQUIPMENT & DEVICES - 6.4%      
9,383   Agilent Technologies, Inc.         1,298,326
18,766   Dexcom, Inc.(a)         1,566,023
30,708   Haemonetics Corporation(a)         2,626,762
15,403   Insulet Corporation(a)         2,546,886
1,706   Intuitive Surgical, Inc.(a)         602,781
858   Mettler-Toledo International, Inc.(a)         1,215,185
66,839   Veracyte, Inc.(a)         3,095,983
5,971   Waters Corporation(a)         2,252,918
             

15,204,864

    METALS & MINING - 6.2%      
24,923   Alcoa Corporation         1,128,015
84,146   Almonty Industries, Inc.(a)         930,655
35,208   Century Aluminum Company(a)         1,576,262
49,004   Energy Fuels, Inc.(a)(b)         560,606
91,913   ERO Copper Corporation(a)         2,473,379
122,775   Hudbay Minerals, Inc.         2,793,131
11,299   Southern Copper Corporation         2,064,440
31,764   Teck Resources Ltd., Class B         1,913,463
 
 

 

MAIN THEMATIC INNOVATION ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
July 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.5% (Continued)      
    METALS & MINING - 6.2% (Continued)      
90,948   USA Rare Earth, Inc.(a)(b)       $ 1,359,673
             

14,799,624

    SEMICONDUCTORS - 13.0%      
10,248   Advanced Micro Devices, Inc.(a)         4,879,585
5,991   Analog Devices, Inc.         2,201,153
24,911   IPG Photonics Corporation(a)(b)         2,118,930
14,501   Marvell Technology, Inc.         2,719,808
12,204   Micron Technology, Inc.         10,044,258
10,236   Onto Innovation, Inc.(a)         2,646,825
5,971   Taiwan Semiconductor Manufacturing Company Ltd. - ADR         2,413,777
10,281   Teradyne, Inc.         3,780,221
             

30,804,557

    SOFTWARE - 28.8%      
16,283   Autodesk, Inc.(a)         3,813,479
125,781   Bentley Systems, Inc., Class B         4,457,679
428,787   BlackBerry Ltd.(a)         3,644,690
104,501   Clear Secure, Inc., Class A         5,772,635
15,404   Cloudflare, Inc., Class A(a)         4,297,408
34,428   Crowdstrike Holdings, Inc., Class A(a)         6,570,928
84,832   Doximity, Inc., Class A(a)         1,773,837
38,610   Fortinet, Inc.(a)         6,252,890
106,029   Gen Digital, Inc.         2,910,496
66,534   Hinge Health, Inc.(a)         4,970,755
31,912   Palo Alto Networks, Inc.(a)         10,589,358
60,918   Rubrik, Inc., Class A(a)         4,408,026
1,716   Tyler Technologies, Inc.(a)         531,274
104,471   Varonis Systems, Inc.(a)         4,173,616
10,261   Veeva Systems, Inc., Class A(a)         2,090,987
38,385   Waystar Holding Corporation(a)         810,307
8,116   Zscaler, Inc.(a)         1,227,139
             

68,295,504

    STEEL - 1.1%      
10,305   Steel Dynamics, Inc.         2,589,234
             
 
 
 

 

MAIN THEMATIC INNOVATION ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
July 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.5% (Continued)      
    TECHNOLOGY HARDWARE - 12.1%      
6,849   Ciena Corporation(a)       $ 2,582,415
8,580   F5, Inc.(a)         3,454,051
3,412   Fabrinet(a)         1,485,619
5,996   Garmin Ltd.         1,761,505
6,854   Lumentum Holdings, Inc.(a)         4,893,345
4,265   Seagate Technology Holdings PLC         3,651,394
69,982   Viavi Solutions, Inc.(a)         2,585,835
24,911   Vicor Corporation(a)         5,165,794
5,971   Western Digital Corporation         3,253,240
             

28,833,198

    TECHNOLOGY SERVICES - 0.6%      
1,716   CACI International, Inc., Class A(a)         854,139
4,285   Leidos Holdings, Inc.         495,346
             

1,349,485

               
    TOTAL COMMON STOCKS (Cost $204,473,259)    

  236,062,547

               
    SHORT-TERM INVESTMENTS — 1.1%      
    COLLATERAL FOR SECURITIES LOANED - 0.5%      
1,157,279   State Street Navigator Securities Lending Government Money Market Portfolio, 3.68% (Cost $1,157,279)(c),(d)         1,157,279
             
 
    MONEY MARKET FUNDS - 0.6%      
1,458,221   State Street Institutional Money Market Fund, Premier Class, 3.63% (Cost $1,458,221)(d)         1,458,221
             
 
    TOTAL SHORT-TERM INVESTMENTS (Cost $2,615,500)  

2,615,500

         
    TOTAL INVESTMENTS - 100.6% (Cost $207,088,759)     $ 238,678,047
    LIABILITIES IN EXCESS OF OTHER ASSETS - (0.6)%    

(1,309,006)

    NET ASSETS - 100.0%        

$ 237,369,041

           
 

 

 

ADR  - American Depositary Receipt
Ltd.  - Limited Company
PLC  - Public Limited Company
S.A.  - Société Anonyme
 
(a) Non-income producing security.
(b) All or a portion of the security is on loan.  The total fair value of the securities on loan as of July 31, 2026 was $5,329,596.
(c) Security was purchased with cash received as collateral for securities on loan at July 31, 2026. Total collateral had a value of $1,157,279 at July 31, 2026. Additional non-cash collateral received from the borrower not disclosed in the Schedule of Investments had a fair value of $4,185,288
(d) Rate disclosed is the seven day effective yield as of July 31, 2026.
 
 

 

 

MAIN INTERNATIONAL ETF
SCHEDULE OF INVESTMENTS (Unaudited)
July 31, 2026
 
Shares             Fair Value
    EXCHANGE-TRADED FUNDS — 99.7%      
    EQUITY - 99.7%      
118,235   Franklin FTSE Canada ETF(a),(b)       $ 6,265,273
689,910   Franklin FTSE China ETF         15,302,204
261,690   Franklin FTSE South Korea ETF         13,474,418
589,347   iShares Core MSCI Emerging Markets ETF         45,739,221
1,014,978   iShares Core MSCI International Developed Markets ETF         91,845,358
310,133   SPDR Portfolio Emerging Markets ETF         15,795,074
561,483   State Street SPDR Portfolio Europe ETF         31,482,352
175,253   Vanguard FTSE Pacific ETF         19,107,835
    TOTAL EXCHANGE-TRADED FUNDS (Cost $202,353,744)      

239,011,735

               
    SHORT-TERM INVESTMENTS — 1.8%      
    COLLATERAL FOR SECURITIES LOANED - 1.5%      
3,526,150   State Street Navigator Securities Lending Government Money Market Portfolio, 3.68% (Cost $3,526,150)(b),(c)         3,526,150
             
 
    MONEY MARKET FUNDS - 0.3%      
815,725   State Street Institutional Treasury Money Market Fund, Premier Class, 3.63% (Cost $815,725)(c)         815,725
             
 
    TOTAL SHORT-TERM INVESTMENTS (Cost $4,341,875)  

4,341,875

         
    TOTAL INVESTMENTS - 101.5% (Cost $206,695,619)     $ 243,353,610
    LIABILITIES IN EXCESS OF OTHER ASSETS - (1.5)%    

(3,667,753)

    NET ASSETS - 100.0%        

$ 239,685,857

           
               
 

 

 

 

 

ETF  - Exchange-Traded Fund
FTSE  - Financial Times Stock Exchange
MSCI  - Morgan Stanley Capital International
SPDR  - Standard & Poor's Depositary Receipt
   
 
(a) All or a portion of the security is on loan.  The total fair value of the securities on loan as of July 31, 2026 was $ $3,428,453.
(b) Security was purchased with cash received as collateral for securities on loan at July 31, 2026. Total collateral had a value of $3,526,150 at July 31, 2026.
(c) Rate disclosed is the seven day effective yield as of July 31, 2026.