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        <name>COPART, INC.</name>
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        <name>OKTA, INC.</name>
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        <name>ECOLAB INC.</name>
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        <name>TYLER TECHNOLOGIES, INC.</name>
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        <name>NUTANIX, INC.</name>
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        <name>UNION PACIFIC CORPORATION</name>
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        <name>PENTAIR PUBLIC LIMITED COMPANY</name>
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        <name>RLI CORP.</name>
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        <name>INSMED INCORPORATED</name>
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        <name>THE PROGRESSIVE CORPORATION</name>
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        <name>SNAP-ON INCORPORATED</name>
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        <name>UL SOLUTIONS INC.</name>
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        <name>Atlas Copco Aktiebolag</name>
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        <name>GENERAC HOLDINGS INC.</name>
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        <name>PEMBINA PIPELINE CORPORATION</name>
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        <name>GE VERNOVA INC.</name>
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        <name>Adyen N.V.</name>
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        <name>KB HOME</name>
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        <name>DATADOG, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FERGUSON ENTERPRISES INC.</name>
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          <isin value="US31488V1070"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PPG INDUSTRIES, INC.</name>
        <lei>549300BKPEP01R3V6C59</lei>
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          <isin value="US6935061076"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>THE SOUTHERN COMPANY</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SKYWORKS SOLUTIONS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ELEMENT SOLUTIONS INC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FASTENAL COMPANY</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SELECTIVE INSURANCE GROUP, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ONEOK, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>EOG RESOURCES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mobileye Global Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>FORTINET, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ANTERO MIDSTREAM CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>INTERNATIONAL PAPER COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>MGIC INVESTMENT CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>NETAPP, INC.</name>
        <lei>QTX3D84DZDD5JYOCYH15</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>AIR PRODUCTS AND CHEMICALS, INC.</name>
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        <name>CORE &amp; MAIN, INC.</name>
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        <name>ARTHUR J. GALLAGHER &amp; CO.</name>
        <lei>54930049QLLMPART6V29</lei>
        <title>ARTHUR J GALLAGHER CO</title>
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        <name>ALKERMES PUBLIC LIMITED COMPANY</name>
        <lei>N/A</lei>
        <title>ALKERMES PLC</title>
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        <invCountry>IE</invCountry>

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        <name>CYBERARK SOFTWARE LTD.</name>
        <lei>529900YEXNDM894PWS93</lei>
        <title>CYBERARK SOFTWARE LTD</title>
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        <invCountry>IL</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>TRANE TECHNOLOGIES PLC</name>
        <lei>549300BURLR9SLYY2705</lei>
        <title>TRANE TECHNOLOGIES PLC</title>
        <cusip>G8994E103</cusip>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>AMERICAN TOWER CORPORATION</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMERICAN TOWER CORP REIT</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>XYLEM INC.</name>
        <lei>549300DF5MV96DRYLQ48</lei>
        <title>XYLEM INC</title>
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        <name>LATTICE SEMICONDUCTOR CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>PACKAGING CORPORATION OF AMERICA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SERVICENOW, INC.</name>
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        <name>Taiwan Semiconductor Manufacturing Co., Ltd.</name>
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        <name>NASDAQ, INC.</name>
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        <name>FACTSET RESEARCH SYSTEMS INC.</name>
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        <name>DUKE ENERGY CORPORATION</name>
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        <name>monday.com Ltd</name>
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        <name>MANHATTAN ASSOCIATES, INC.</name>
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        <name>GUARDANT HEALTH, INC.</name>
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        <name>NXP Semiconductors N.V.</name>
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        <name>ADVANCED MICRO DEVICES, INC.</name>
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        <name>SYNOPSYS, INC.</name>
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        <name>WOODSIDE ENERGY GROUP LTD</name>
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        <name>DECKERS OUTDOOR CORPORATION</name>
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        <name>Ultragenyx Pharmaceutical Inc</name>
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        <name>LITHIA MOTORS, INC.</name>
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        <name>ARISTA NETWORKS, INC.</name>
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        <name>PALO ALTO NETWORKS, INC.</name>
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        <name>WORKDAY, INC.</name>
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        <name>CIENA CORPORATION</name>
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        <name>CDW CORPORATION</name>
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        <name>Coterra Energy Inc.</name>
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        <name>S&amp;P GLOBAL INC.</name>
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        <name>LAMB WESTON HOLDINGS, INC.</name>
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        <name>EMERSON ELECTRIC CO.</name>
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        <name>Nextracker Inc</name>
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        <name>ZOETIS INC.</name>
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        <lei>5493008RACSH5EP3PI59</lei>
        <title>EQUITY RESIDENTIAL REIT</title>
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        <name>GitLab Inc</name>
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        <name>Vaxcyte Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>DELL TECHNOLOGIES INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>IDEX CORPORATION</name>
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        <name>HOULIHAN LOKEY, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>WAYFAIR INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NISOURCE INC.</name>
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        <name>AMERICAN ELECTRIC POWER COMPANY, INC.</name>
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        <name>REPUBLIC SERVICES, INC.</name>
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        <name>POOL CORPORATION</name>
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        <name>Garmin Ltd.</name>
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        <title>GARMIN LTD</title>
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        <name>GEN DIGITAL INC.</name>
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        <name>BELLRING BRANDS, INC.</name>
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        <name>STEEL DYNAMICS, INC.</name>
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        <name>ELI LILLY AND COMPANY</name>
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        <name>JACK HENRY &amp; ASSOCIATES, INC.</name>
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        <name>MOODY'S CORPORATION</name>
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        <name>CarMax, Inc.</name>
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        <title>CARMAX INC</title>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GRACO INC</name>
        <lei>4T5VJ4S81BRT6Q7GGT78</lei>
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          <isin value="US3841091040"/>
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        <balance>533.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>EXXON MOBIL CORPORATION</name>
        <lei>J3WHBG0MTS7O8ZVMDC91</lei>
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          <isin value="US30231G1022"/>
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        <balance>9343.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BROWN &amp; BROWN, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PINNACLE FINANCIAL PARTNERS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Compass Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED</name>
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          <isin value="US7445731067"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LOWE'S COMPANIES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TRADEWEB MARKETS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MEDTRONIC PUBLIC LIMITED COMPANY</name>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ALIGN TECHNOLOGY, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FIRST HORIZON CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AMERICAN EXPRESS COMPANY</name>
        <lei>R4PP93JZOLY261QX3811</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>WASTE MANAGEMENT, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NVENT ELECTRIC PUBLIC LIMITED COMPANY</name>
        <lei>N/A</lei>
        <title>NVENT ELECTRIC PLC</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>THE SHERWIN-WILLIAMS COMPANY</name>
        <lei>Z15BMIOX8DDH0X2OBP21</lei>
        <title>SHERWIN WILLIAMS CO</title>
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        <name>EDWARDS LIFESCIENCES CORPORATION</name>
        <lei>YA13X31F3V31L8TMPR58</lei>
        <title>EDWARDS LIFESCIENCES CORP</title>
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        <name>VERONA PHARMA PLC.</name>
        <lei>213800EVI6O6J3TIAL06</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MSCI INC.</name>
        <lei>549300HTIN2PD78UB763</lei>
        <title>MSCI INC</title>
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        <assetCat>EC</assetCat>
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        <name>SHOPIFY INC.</name>
        <lei>549300HGQ43STJLLP808</lei>
        <title>SHOPIFY INC CLASS A</title>
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        <invCountry>CA</invCountry>

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        <name>AUTOLIV, INC.</name>
        <lei>A23RUXWKASG834LTMK28</lei>
        <title>AUTOLIV INC</title>
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        <invCountry>US</invCountry>

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        <name>ENCOMPASS HEALTH CORPORATION</name>
        <lei>549300FVRPM9DRQZRG64</lei>
        <title>ENCOMPASS HEALTH CORP</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>GXO LOGISTICS, INC.</name>
        <lei>5493007CNWMXN78JRN66</lei>
        <title>GXO LOGISTICS INC</title>
        <cusip>36262G101</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Enbridge Inc.</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>ENBRIDGE INC</title>
        <cusip>29250N105</cusip>
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        <balance>8812.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>411432.28000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-05-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Strategy Shares</ncom:nameOfApplicant>
      <ncom:signature>James Szilagyi</ncom:signature>
      <ncom:signerName>James Szilagyi</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
