| CONDUCTOR GLOBAL EQUITY VALUE ETF |
| SCHEDULE OF INVESTMENTS (Unaudited) |
| July 31, 2026 |
| |
| | Shares | | |
| |
| Fair Value | |
| | | | |
COMMON STOCKS — 94.4% | |
| | |
| | | | |
ASSET MANAGEMENT - 4.3% | |
| | |
| | 505,264 | | |
Ashmore Group PLC | |
$ | 1,405,715 | |
| | 34,623 | | |
DWS Group GmbH & Company KGaA | |
| 2,921,380 | |
| | 586,083 | | |
Jupiter Fund Management PLC | |
| 1,244,179 | |
| | | | |
| |
| 5,571,274 | |
| | | | |
AUTOMOTIVE - 2.7% | |
| | |
| | 52,200 | | |
Exedy Corporation | |
| 1,966,115 | |
| | 44,600 | | |
Toyoda Gosei Company Ltd. | |
| 1,539,088 | |
| | | | |
| |
| 3,505,203 | |
| | | | |
BEVERAGES - 1.0% | |
| | |
| | 412,835 | | |
Ambev S.A. | |
| 1,298,935 | |
| | | | |
| |
| | |
| | | | |
BIOTECH & PHARMA - 3.2% | |
| | |
| | 7,382 | | |
Biogen, Inc.(a) | |
| 1,498,177 | |
| | 177,200 | | |
Ono Pharmaceutical Company Ltd. | |
| 2,647,122 | |
| | | | |
| |
| 4,145,299 | |
| | | | |
CABLE & SATELLITE - 1.0% | |
| | |
| | 220,660 | | |
NOS SGPS S.A. | |
| 1,228,571 | |
| | | | |
| |
| | |
| | | | |
CHEMICALS - 4.4% | |
| | |
| | 179,308 | | |
AECI Ltd. | |
| 1,355,663 | |
| | 19,087 | | |
Brenntag S.E. | |
| 1,346,399 | |
| | 1,633,458 | | |
Fertiglobe PLC | |
| 1,185,595 | |
| | 9,240 | | |
LOTTE Fine Chemical Company Ltd. | |
| 282,050 | |
| | 14,884 | | |
Wacker Chemie A.G.(a) | |
| 1,524,992 | |
| | | | |
| |
| 5,694,699 | |
| | | | |
COMMERCIAL SUPPORT SERVICES - 3.4% | |
| | |
| | 48,738 | | |
AMN Healthcare Services, Inc.(a) | |
| 1,639,059 | |
| | 464,973 | | |
IPH Ltd. | |
| 1,359,660 | |
| | 21,000 | | |
Sodexo S.A. | |
| 1,381,354 | |
| | | | |
| |
| 4,380,073 | |
| | | | |
CONTAINERS & PACKAGING - 1.5% | |
| | |
| | 27,562 | | |
Sonoco Products Company | |
| 1,553,394 | |
| | 106,933 | | |
Transcontinental, Inc., Class A | |
| 407,358 | |
| | | | |
| |
| 1,960,752 | |
| CONDUCTOR GLOBAL EQUITY VALUE ETF |
| SCHEDULE OF INVESTMENTS (Unaudited)(Continued) |
| July 31, 2026 |
| |
| | Shares | | |
| |
| Fair Value | |
| | | | |
COMMON STOCKS — 94.4% (Continued) | |
| | |
| | | | |
ELECTRIC UTILITIES - 1.1% | |
| | |
| | 162,200 | | |
CPFL Energia S.A. | |
$ | 1,475,708 | |
| | | | |
| |
| | |
| | | | |
ELECTRICAL EQUIPMENT - 2.1% | |
| | |
| | 122,900 | | |
Anritsu Corporation | |
| 2,684,858 | |
| | | | |
| |
| | |
| | | | |
ENGINEERING & CONSTRUCTION - 8.1% | |
| | |
| | 98,800 | | |
Kandenko Company Ltd. | |
| 3,284,887 | |
| | 74,600 | | |
MIRAIT ONE Corporation | |
| 1,647,201 | |
| | 46,639 | | |
Samsung Engineering Company Ltd. | |
| 1,364,003 | |
| | 65,808 | | |
Skanska A.B., Class B | |
| 1,846,745 | |
| | 4,997,100 | | |
Synergy Grid & Development Phils, Inc. | |
| 2,322,944 | |
| | | | |
| |
| 10,465,780 | |
| | | | |
ENTERTAINMENT CONTENT - 1.9% | |
| | |
| | 30,400 | | |
DoubleUGames Company Ltd. | |
| 1,257,286 | |
| | 7,738 | | |
NCSoft Corporation | |
| 1,242,974 | |
| | | | |
| |
| 2,500,260 | |
| | | | |
FOOD - 3.1% | |
| | |
| | 981,800 | | |
First Resources Ltd. | |
| 2,594,380 | |
| | 15,195 | | |
Orion Corporation | |
| 1,376,751 | |
| | | | |
| |
| 3,971,131 | |
| | | | |
HEALTH CARE FACILITIES & SERVICES - 1.3% | |
| | |
| | 16,100 | | |
CVS Health Corporation | |
| 1,681,323 | |
| | | | |
| |
| | |
| | | | |
HOME & OFFICE PRODUCTS - 0.6% | |
| | |
| | 9,550 | | |
Societe BIC S.A. | |
| 749,025 | |
| | | | |
| |
| | |
| | | | |
INDUSTRIAL INTERMEDIATE PRODUCTS - 0.8% | |
| | |
| | 4,197,674 | | |
Hartalega Holdings Bhd | |
| 1,047,852 | |
| | | | |
| |
| | |
| | | | |
INTERNET MEDIA & SERVICES - 0.7% | |
| | |
| | 318,000 | | |
Moneysupermarket.com Group PLC | |
| 845,786 | |
| | | | |
| |
| | |
| | | | |
LEISURE FACILITIES & SERVICES - 2.1% | |
| | |
| | 2,294,018 | | |
Americana Restaurants International PLC | |
| 1,357,800 | |
| CONDUCTOR GLOBAL EQUITY VALUE ETF |
| SCHEDULE OF INVESTMENTS (Unaudited)(Continued) |
| July 31, 2026 |
| |
| | Shares | | |
| |
| Fair Value | |
| | | | |
COMMON STOCKS — 94.4% (Continued) | |
| | |
| | | | |
LEISURE FACILITIES & SERVICES - 2.1% (Continued) | |
| | |
| | 417,850 | | |
Sun International Ltd. | |
$ | 1,343,214 | |
| | | | |
| |
| 2,701,014 | |
| | | | |
LEISURE PRODUCTS - 1.1% | |
| | |
| | 52,800 | | |
Roland Corporation | |
| 1,386,691 | |
| | | | |
| |
| | |
| | | | |
MACHINERY - 2.5% | |
| | |
| | 30,952 | | |
Doosan Bobcat, Inc. | |
| 1,258,869 | |
| | 88,600 | | |
OSG Corporation | |
| 2,020,512 | |
| | | | |
| |
| 3,279,381 | |
| | | | |
METALS & MINING - 4.0% | |
| | |
| | 463,235 | | |
Deterra Royalties Ltd. | |
| 1,411,224 | |
| | 106,422 | | |
DPM Metals, Inc. | |
| 3,741,324 | |
| | | | |
| |
| 5,152,548 | |
| | | | |
OIL & GAS PRODUCERS - 9.7% | |
| | |
| | 50,706 | | |
APA Corporation | |
| 1,892,348 | |
| | 5,250,242 | | |
Dana Gas PJSC | |
| 1,216,860 | |
| | 684,788 | | |
Ithaca Energy PLC | |
| 2,236,169 | |
| | 23,713 | | |
Occidental Petroleum Corporation | |
| 1,353,301 | |
| | 24,419 | | |
Ovintiv, Inc. | |
| 1,525,211 | |
| | 46,840 | | |
Paramount Resources Ltd. | |
| 988,747 | |
| | 38,600 | | |
SM Energy Company | |
| 1,255,272 | |
| | 6,351,618 | | |
Star Petroleum Refining PCL | |
| 2,111,708 | |
| | | | |
| |
| 12,579,616 | |
| | | | |
OIL & GAS SERVICES & EQUIPMENT - 2.9% | |
| | |
| | 6,180 | | |
AKITA Drilling Ltd.(a) | |
| 15,563 | |
| | 40,120 | | |
Halliburton Company | |
| 1,293,870 | |
| | 135,555 | | |
Pason Systems, Inc. | |
| 1,199,114 | |
| | 224,020 | | |
RPC, Inc. | |
| 1,256,752 | |
| | | | |
| |
| 3,765,299 | |
| | | | |
RETAIL - CONSUMER STAPLES - 1.9% | |
| | |
| | 14,473 | | |
BGF Retail Company Ltd. | |
| 1,239,327 | |
| | 1,880,200 | | |
Puregold Price Club, Inc. | |
| 1,260,175 | |
| | | | |
| |
| 2,499,502 | |
| CONDUCTOR GLOBAL EQUITY VALUE ETF |
| SCHEDULE OF INVESTMENTS (Unaudited)(Continued) |
| July 31, 2026 |
| |
| | Shares | | |
| |
| Fair Value | |
| | | | |
COMMON STOCKS — 94.4% (Continued) | |
| | |
| | | | |
RETAIL - DISCRETIONARY - 3.1% | |
| | |
| | 58,600 | | |
Adastria Company Ltd. | |
$ | 1,242,750 | |
| | 599,000 | | |
Dixons Carphone PLC | |
| 1,356,077 | |
| | 25,100 | | |
F&F Company Ltd. | |
| 1,392,128 | |
| | | | |
| |
| 3,990,955 | |
| | | | |
SEMICONDUCTORS - 2.7% | |
| | |
| | 50,200 | | |
Cohu, Inc.(a) | |
| 2,409,098 | |
| | 180,000 | | |
UPI Semiconductor Corporation | |
| 1,091,792 | |
| | | | |
| |
| 3,500,890 | |
| | | | |
SPECIALTY FINANCE - 1.6% | |
| | |
| | 18,630 | | |
Bread Financial Holdings, Inc. | |
| 2,013,344 | |
| | | | |
| |
| | |
| | | | |
STEEL - 2.6% | |
| | |
| | 34,312 | | |
Aperam S.A. | |
| 1,813,063 | |
| | 134,400 | | |
Maruichi Steel Tube Ltd. | |
| 1,500,264 | |
| | | | |
| |
| 3,313,327 | |
| | | | |
TECHNOLOGY HARDWARE - 6.5% | |
| | |
| | 56,100 | | |
Brother Industries Ltd. | |
| 1,396,473 | |
| | 146,400 | | |
Casio Computer Company Ltd. | |
| 1,608,021 | |
| | 479,785 | | |
Intelbras S.A. Industria de Telecomunicacao | |
| 1,374,327 | |
| | 4,375 | | |
LG Innotek Company Ltd. | |
| 1,492,905 | |
| | 135,200 | | |
Mabuchi Motor Company Ltd. | |
| 1,399,909 | |
| | 63,189 | | |
Parade Technologies Ltd. | |
| 1,083,377 | |
| | | | |
| |
| 8,355,012 | |
| | | | |
TECHNOLOGY SERVICES - 3.2% | |
| | |
| | 34,864 | | |
John Wiley & Sons, Inc., Class A | |
| 1,819,901 | |
| | 8,800 | | |
Samsung SDS Company Ltd. | |
| 1,225,602 | |
| | 52,900 | | |
TietoEVRY OYJ | |
| 1,132,664 | |
| | | | |
| |
| 4,178,167 | |
| | | | |
TELECOMMUNICATIONS - 3.4% | |
| | |
| | 59,177 | | |
Hellenic Telecommunications Organization S.A. | |
| 1,366,211 | |
| | 183,472 | | |
Vodacom Group Ltd. | |
| 1,775,349 | |
| | 1,789,353 | | |
Vodafone Qatar QSC | |
| 1,271,525 | |
| | | | |
| |
| 4,413,085 | |
| CONDUCTOR GLOBAL EQUITY VALUE ETF |
| SCHEDULE OF INVESTMENTS (Unaudited)(Continued) |
| July 31, 2026 |
| |
| | Shares | | |
| |
| | | |
| Fair Value | |
| | | | |
COMMON STOCKS — 94.4% (Continued) | |
| | | |
| | |
| | | | |
TOBACCO & CANNABIS - 1.1% | |
| | | |
| | |
| | 1,312,200 | | |
Gudang Garam Tbk P.T. | |
| | | |
$ | 1,382,365 | |
| | | | |
| |
| | | |
| | |
| | | | |
TRANSPORTATION & LOGISTICS - 2.7% | |
| | | |
| | |
| | 100,500 | | |
DHT Holdings, Inc. | |
| | | |
| 1,866,285 | |
| | 104,778 | | |
Promotora y Operadora de Infraestructura S.A.B. de C.V. | |
| | | |
| 1,660,015 | |
| | | | |
| |
| | | |
| 3,526,300 | |
| | | | |
WHOLESALE - CONSUMER STAPLES - 1.1% | |
| | | |
| | |
| | 12,728 | | |
Bunge Global S.A. | |
| | | |
| 1,352,095 | |
| | | | |
| |
| | | |
| | |
| | | | |
WHOLESALE - DISCRETIONARY - 1.0% | |
| | | |
| | |
| | 768,800 | | |
Sendas Distribuidora S/A | |
| | | |
| 1,279,186 | |
| | | | |
| |
| | | |
| | |
| | | | |
TOTAL COMMON STOCKS (Cost $97,817,031) | |
| | | |
| 121,875,306 | |
| | | | |
| |
| | | |
| | |
| | | | |
PREFERRED STOCKS — 1.1% | |
| | | |
| | |
| | | | |
STEEL — 1.1% | |
| | | |
| | |
| | 664,000 | | |
Metalurgica Gerdau S.A. (Cost $1,315,822) | |
| — | | |
| 1,430,758 | |
| | | | |
| |
| | | |
| | |
| | | | |
TOTAL INVESTMENTS - 95.5% (Cost $99,132,853) | |
| | | |
$ | 123,306,064 | |
| | | | |
OTHER ASSETS IN EXCESS OF LIABILITIES - 4.5% | |
| | | |
| 5,846,561 | |
| | | | |
NET ASSETS - 100.0% | |
| | | |
$ | 129,152,625 | |
| | | | |
| |
| | | |
| | |
| | | | |
| |
| | | |
| | |
| | | | |
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