NPORT-EX 2 156895ADVSH033125.htm

 

ADVISORSHARES Q DYNAMIC GROWTH ETF
Schedule of Investments

 

March 31, 2025 (Unaudited)

 

 

Investments   Shares     Value  
EXCHANGE TRADED FUNDS – 97.5%                
                 
Commodity Fund – 14.8%                
SPDR Gold Shares(a)     11,610     $ 3,345,306  
                 
Equity Fund – 82.7%                
Communication Services Select Sector SPDR Fund(b)     21,816       2,104,153  
Consumer Discretionary Select Sector SPDR Fund(b)     21,028       4,152,189  
Financial Select Sector SPDR Fund     57,500       2,864,075  
iShares U.S. Technology ETF     33,739       4,738,305  
Technology Select Sector SPDR Fund(b)     23,681       4,889,653  
Total Equity Fund             18,748,375  
                 
Total Exchange Traded Funds
(Cost $19,913,931)		             22,093,681  
                 
MONEY MARKET FUNDS – 26.2%                
Dreyfus Institutional Preferred Government Money Market Fund, Institutional Class, 4.29%(c)(d)     5,393,142       5,393,142  
Fidelity Investments Money Market Government Portfolio – Class I, 4.23%(c)     547,417       547,417  
Total Money Market Funds
(Cost $5,940,559)		             5,940,559  
                 
Total Investments – 123.7%
(Cost $25,854,490)		             28,034,240  
Liabilities in Excess of Other Assets – (23.7%)             (5,368,433 )
Net Assets – 100.0%           $ 22,665,807  

 

 
(a) Non-income producing security.
(b) All or a portion of security is on loan. The aggregate market value of the securities on loan is $6,334,131; the aggregate market value of the collateral held by the fund is $6,442,089. The aggregate market value of the collateral includes non-cash U.S. Treasury securities collateral having a value of $1,048,947.
(c) Rate shown reflects the 7-day yield as of March 31, 2025.
(d) Collateral received from brokers for securities lending was invested in these short-term investments.

 

 

 

 

ADVISORSHARES Q DYNAMIC GROWTH ETF
Schedule of Investments (continued)

 

March 31, 2025 (Unaudited)

 

 

For information on the Fund’s policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

Fair Value Measurements

 

The following is a summary of the inputs used, as of March 31, 2025, in valuing the Fund’s assets and liabilities carried at fair value. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.

 

Assets   Level 1     Level 2     Level 3     Total  
Exchange Traded Funds   $ 22,093,681     $ –     $ –     $ 22,093,681  
Money Market Funds     5,940,559       –       –       5,940,559  
Total   $ 28,034,240     $ –     $ –     $ 28,034,240  

 

SUMMARY OF SCHEDULE OF INVESTMENTS

 

    % of
Net Assets		  
Commodity Fund     14.8 %
Equity Fund     82.7  
Money Market Funds     26.2  
Total Investments     123.7  
Liabilities in Excess of Other Assets     (23.7 )
Net Assets     100.0 %