<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>
      
      <filer>
        <issuerCredentials>
          <cik>0001552947</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>
      
      
      <seriesClassInfo>
        <seriesId>S000042696</seriesId>
        <classId>C000131992</classId>
        <classId>C000131993</classId>
        <classId>C000131991</classId>
      </seriesClassInfo>
      
    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>Two Roads Shared Trust</regName>
      <regFileNumber>811-22718</regFileNumber>
      <regCik>0001552947</regCik>
      <regLei>549300REHU8QC2CK4V30</regLei>
      <regStreet1>225 PICTORIA DRIVE</regStreet1>
      <regStreet2>SUITE 450</regStreet2>
      <regCity>CINCINNATI</regCity>
      <regStateConditional regCountry="US" regState="US-OH"/>
      <regZipOrPostalCode>45246</regZipOrPostalCode>
      <regPhone>402-895-1600</regPhone>
      <seriesName>Redwood Managed Volatility Fund</seriesName>
      <seriesId>S000042696</seriesId>
      <seriesLei>5493004KDV8G1BPN8666</seriesLei>
      <repPdEnd>2026-10-31</repPdEnd>
      <repPdDate>2026-07-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>72519225.81</totAssets>
      <totLiabs>442795.71</totLiabs>
      <netAssets>72076430.10</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>40000.00000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000131992" rtn1="0.35000000" rtn2="0.04000000" rtn3="-0.53000000"/>
          <monthlyTotReturn classId="C000131993" rtn1="0.35000000" rtn2="0.10000000" rtn3="-0.54000000"/>
          <monthlyTotReturn classId="C000131991" rtn1="0.45000000" rtn2="0.10000000" rtn3="-0.55000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <otherContracts>
            <mon1 netRealizedGain="-598.30000000" netUnrealizedAppr="1438.81000000"/>
            <mon2 netRealizedGain="840.61000000" netUnrealizedAppr="1406.37000000"/>
            <mon3 netRealizedGain="2246.62000000" netUnrealizedAppr="-8494.97000000"/>
            <swapCategory>
              <instrMon1 netRealizedGain="-598.30000000" netUnrealizedAppr="1438.81000000"/>
              <instrMon2 netRealizedGain="840.61000000" netUnrealizedAppr="1406.37000000"/>
              <instrMon3 netRealizedGain="2246.62000000" netUnrealizedAppr="-8494.97000000"/>
            </swapCategory>
          </otherContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="4509.21000000" netUnrealizedAppr="-20522.63000000"/>
        <othMon2 netRealizedGain="29447.09000000" netUnrealizedAppr="-284257.98000000"/>
        <othMon3 netRealizedGain="11528.99000000" netUnrealizedAppr="-611234.34000000"/>
      </returnInfo>
      <mon1Flow redemption="1786267.75000000" reinvestment="0.00000000" sales="437323.16000000"/>
      <mon2Flow redemption="2281107.63000000" reinvestment="902072.61000000" sales="694208.93000000"/>
      <mon3Flow redemption="1326287.98000000" reinvestment="0.00000000" sales="1245417.91000000"/>
      
      <varInfo>
        
        <fundsDesignatedInfo>
          <nameDesignatedIndex>U.S. Corporate High Yield</nameDesignatedIndex>
          <indexIdentifier>I00012US-USD</indexIdentifier>
          
        </fundsDesignatedInfo>
        
      </varInfo>
    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>INVESCO HI YLD MUNI</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="ACTDX3314            00001"/>
        </identifiers>
        <balance>14014.52800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-3083.20000000</valUSD>
        <pctVal>-0.00427768133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="total return swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
              <counterpartyLei>G5GSEF7VJP5I7OUK5573</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Invesco High Yield Municipal Fund</issuerName>
                <issueTitle>Invesco High Yield Municipal Fund Class Y</issueTitle>
                <identifiers>
                  <isin value="US0014196549"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">performance</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="1.75000000" pmntAmt="-543.44000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="33" resetDt="Month" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2029-04-06</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-117722.04000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-3083.20000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMORGAN TRUST II</name>
        <lei>549300IMXLYKELY96B40</lei>
        <title>JPM-HIGH YLD-I</title>
        <cusip>4812C0803</cusip>
        <identifiers>
          <isin value="US4812C08034"/>
        </identifiers>
        <balance>2115897.00900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13711012.62000000</valUSD>
        <pctVal>19.02287974165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REDWOOD PRIVATE REAL ESTATE DEBT FUND</name>
        <lei>549300XIZ6J0ZXQMTV96</lei>
        <title>RDWD-R/E INC-I</title>
        <cusip>758067102</cusip>
        <identifiers>
          <isin value="US7580671029"/>
        </identifiers>
        <balance>294767.32200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7398659.78000000</valUSD>
        <pctVal>10.26501974325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK LIFE INVESTMENTS FUNDS TRUST</name>
        <lei>549300SQRLBSUG7RD002</lei>
        <title>MNSTY-H/Y BD-I</title>
        <cusip>56062X708</cusip>
        <identifiers>
          <isin value="US56062X7084"/>
        </identifiers>
        <balance>32.67100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>166.95000000</valUSD>
        <pctVal>0.000231629118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS TRUST</name>
        <lei>S2FHCT8U6D2VORP0J605</lei>
        <title>GS-HI YLD-INS</title>
        <cusip>38141W679</cusip>
        <identifiers>
          <isin value="US38141W6791"/>
        </identifiers>
        <balance>1342711.72200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7478904.29000000</valUSD>
        <pctVal>10.37635226886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NUVEEN HIGH YLD MUNI</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="NHMRX3208            00001"/>
        </identifiers>
        <balance>8115.11900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-3164.89000000</valUSD>
        <pctVal>-0.00439101936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="total return swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
              <counterpartyLei>G5GSEF7VJP5I7OUK5573</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Nuveen High Yield Municipal Bond Fund</issuerName>
                <issueTitle>Nuveen High Yield Municipal Bond Fund Class I</issueTitle>
                <identifiers>
                  <isin value="US67065Q7723"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">performance</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="1.75000000" pmntAmt="-542.61000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="33" resetDt="Month" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2029-04-06</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-117831.52000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-3164.89000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VANGUARD FIXED INCOME SECURITIES FUNDS</name>
        <lei>549300F3N7VQKU6I4K64</lei>
        <title>VANG-H/Y CO-ADM</title>
        <cusip>922031760</cusip>
        <identifiers>
          <isin value="US9220317609"/>
        </identifiers>
        <balance>7927.21900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>43044.80000000</valUSD>
        <pctVal>0.059721048809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>US BANK MMDA</name>
        <lei>N/A</lei>
        <title>US BANK MMDA - USBGFS 9</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="8AMMF0JA0"/>
        </identifiers>
        <balance>641036.49000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>641036.49000000</valUSD>
        <pctVal>0.889384350904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="sweep" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lord Abbett High</name>
        <lei>N/A</lei>
        <title>LA-HI YLD-I</title>
        <cusip>54400N409</cusip>
        <identifiers>
          <isin value="US54400N4097"/>
        </identifiers>
        <balance>2210833.66200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13773493.71000000</valUSD>
        <pctVal>19.10956701225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American High Income Trust</name>
        <lei>WRWMC5QCF7WNXYIQUK76</lei>
        <title>AF-HI INC-F3</title>
        <cusip>026547778</cusip>
        <identifiers>
          <isin value="US0265477788"/>
        </identifiers>
        <balance>1419125.79800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13779711.50000000</valUSD>
        <pctVal>19.11819367424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS INVESTOR TAX-EXE</name>
        <lei>N/A</lei>
        <title>GS-GOVT-ADM</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="FOAXX"/>
        </identifiers>
        <balance>1216988.39000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1216988.39000000</valUSD>
        <pctVal>1.688469293375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="money market fund" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLACKROCK FUNDS V</name>
        <lei>54930077DSFQPJDWM487</lei>
        <title>BLKR-HI YLD-INS</title>
        <cusip>09260B630</cusip>
        <identifiers>
          <isin value="US09260B6305"/>
        </identifiers>
        <balance>1958137.37300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13863612.60000000</valUSD>
        <pctVal>19.23459941171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRINCIPAL FUNDS INC</name>
        <lei>549300HZGBXSW6DSXF23</lei>
        <title>PRINC-H/Y-INS</title>
        <cusip>74254U481</cusip>
        <identifiers>
          <isin value="US74254U4812"/>
        </identifiers>
        <balance>2293.41900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14998.96000000</valUSD>
        <pctVal>0.020809798680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Returns are reported without deducting sales loads and redemption fees, if any." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-08-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Two Roads Shared Trust</ncom:nameOfApplicant>
      <ncom:signature>Laura Szalyga</ncom:signature>
      <ncom:signerName>Laura Szalyga</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
