<?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>S000059538</seriesId>
        <classId>C000194999</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>Anfield Capital Diversified Alternatives ETF</seriesName>
      <seriesId>S000059538</seriesId>
      <seriesLei>549300QJFUYFEM06JB05</seriesLei>
      <repPdEnd>2021-04-30</repPdEnd>
      <repPdDate>2020-07-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>78047810.44</totAssets>
      <totLiabs>270522.29</totLiabs>
      <netAssets>77777288.15</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>50262.49000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000194999" rtn1="3.94000000" rtn2="2.26000000" rtn3="3.58000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <equityContracts>
            <mon1 netRealizedGain="-912968.10000000" netUnrealizedAppr="893768.10000000"/>
            <mon2 netRealizedGain="19750.00000000" netUnrealizedAppr="14625.00000000"/>
            <mon3 netRealizedGain="31750.00000000" netUnrealizedAppr="-190625.00000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="19750.00000000" netUnrealizedAppr="14625.00000000"/>
              <instrMon3 netRealizedGain="31750.00000000" netUnrealizedAppr="-190625.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="-912968.10000000" netUnrealizedAppr="893768.10000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
          </equityContracts>
          <otherContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="-178.50000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="-368.90000000" netUnrealizedAppr="0.00000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="-178.50000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="-368.90000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
          </otherContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="-307348.12000000" netUnrealizedAppr="2954038.86000000"/>
        <othMon2 netRealizedGain="-79146.54000000" netUnrealizedAppr="1308265.81000000"/>
        <othMon3 netRealizedGain="51496.00000000" netUnrealizedAppr="2650577.38000000"/>
      </returnInfo>
      <mon1Flow redemption="-3471560.79000000" reinvestment="0.00000000" sales="1139668.76000000"/>
      <mon2Flow redemption="0.00000000" reinvestment="0.00000000" sales="1411913.44000000"/>
      <mon3Flow redemption="-2269704.80000000" reinvestment="0.00000000" sales="629678.66000000"/>
    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>Indexiq Etf Tr</name>
        <lei>549300RB5MLWJ1UN5M66</lei>
        <title>IQ HEDGE MULTI-STRAT TRAC</title>
        <cusip>45409B107</cusip>
        <identifiers>
          <isin value="US45409B1070"/>
        </identifiers>
        <balance>59832.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1846415.52000000</valUSD>
        <pctVal>2.373977756127</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>Global X Fds</name>
        <lei>5493003RA4QUTSYF1N15</lei>
        <title>GLOBAL X VID GAM</title>
        <cusip>37954Y392</cusip>
        <identifiers>
          <isin value="US37954Y3927"/>
        </identifiers>
        <balance>79280.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1936810.40000000</valUSD>
        <pctVal>2.490200476345</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>First Trust Exchange-Traded Fund</name>
        <lei>549300MZB4XDLRWOC672</lei>
        <title>FIRST TRUST NASDAQ CLEAN</title>
        <cusip>33733E500</cusip>
        <identifiers>
          <isin value="US33733E5006"/>
        </identifiers>
        <balance>54490.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1901156.10000000</valUSD>
        <pctVal>2.444358944906</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>AMPLIFY ETF TR</name>
        <lei>5493006EMX6222CPWJ71</lei>
        <title>AMPLIFY HIGH INCOME ETF</title>
        <cusip>032108847</cusip>
        <identifiers>
          <isin value="US0321088470"/>
        </identifiers>
        <balance>104766.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1543203.18000000</valUSD>
        <pctVal>1.984130864814</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>Oxford Lane Capital Corp.</name>
        <lei>549300G3KO4JNQQD7Z72</lei>
        <title>OXFORD LANE CAPI</title>
        <cusip>691543102</cusip>
        <identifiers>
          <isin value="US6915431026"/>
        </identifiers>
        <balance>330709.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1412127.43000000</valUSD>
        <pctVal>1.815603839615</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>Crown Castle International Corp.</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>CROWN CASTLE INT</title>
        <cusip>22822V101</cusip>
        <identifiers>
          <isin value="US22822V1017"/>
        </identifiers>
        <balance>18800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3133960.00000000</valUSD>
        <pctVal>4.029402508809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Tower Corporation</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMERICAN TOWER C</title>
        <cusip>03027X100</cusip>
        <identifiers>
          <isin value="US03027X1000"/>
        </identifiers>
        <balance>11280.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2948479.20000000</valUSD>
        <pctVal>3.790925693261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ISHARES TRUST</name>
        <lei>5493000860OXIC4B5K91</lei>
        <title>ISHARES GLOBAL HEALTHCARE</title>
        <cusip>464287325</cusip>
        <identifiers>
          <isin value="US4642873255"/>
        </identifiers>
        <balance>29687.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2116683.10000000</valUSD>
        <pctVal>2.721466832216</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>CBOE FUTURES EXCHANGE</name>
        <lei>254900O9GJPIWCP8RH13</lei>
        <title>CBOE VIX FUTURE   Sep20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXU0 INDEX"/>
        </identifiers>
        <balance>30.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5250.00000000</valUSD>
        <pctVal>-0.00675004249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>INTERACTIVE BROKERS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CBOE Volatility Index</indexName>
                <indexIdentifier>VIX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-09-16</expDate>
            <notionalAmt>894000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-5250.00000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wisdomtree Trust</name>
        <lei>549300SEVJBU47TE8855</lei>
        <title>W/T CLOUD COMPUT</title>
        <cusip>97717Y691</cusip>
        <identifiers>
          <isin value="US97717Y6914"/>
        </identifiers>
        <balance>54550.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2281826.50000000</valUSD>
        <pctVal>2.933795397442</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>Invesco Exchange Traded Fd Tr</name>
        <lei>QPT4TMG79RF3UWNU0R52</lei>
        <title>INVESCO S&amp;P 500 BUYWRITE</title>
        <cusip>46137V399</cusip>
        <identifiers>
          <isin value="US46137V3996"/>
        </identifiers>
        <balance>84537.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1581687.27000000</valUSD>
        <pctVal>2.033610720586</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>Ark Etf Tr</name>
        <lei>2549000Z0EWMH3U0CQ16</lei>
        <title>ARK GENOMIC REVOLUTION ET</title>
        <cusip>00214Q302</cusip>
        <identifiers>
          <isin value="US00214Q3020"/>
        </identifiers>
        <balance>39670.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2130279.00000000</valUSD>
        <pctVal>2.738947385117</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>Advisorshares Trust</name>
        <lei>549300K5KGUMX2I7WM68</lei>
        <title>ADVSHRS STAR GBL BUY-WRIT</title>
        <cusip>00768Y768</cusip>
        <identifiers>
          <isin value="US00768Y7682"/>
        </identifiers>
        <balance>10000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>334042.00000000</valUSD>
        <pctVal>0.429485275130</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>First Trust Exchange-Traded Fund III</name>
        <lei>5493003Z20QMESC6XS29</lei>
        <title>FIRST TRUST LONG/SHORT EQ</title>
        <cusip>33739P103</cusip>
        <identifiers>
          <isin value="US33739P1030"/>
        </identifiers>
        <balance>51741.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2226415.23000000</valUSD>
        <pctVal>2.862551887520</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>First Trust Exchange-Traded Fund II</name>
        <lei>549300HY3NFBU00W8S30</lei>
        <title>FIRST TRUST CLOUD COMPUTI</title>
        <cusip>33734X192</cusip>
        <identifiers>
          <isin value="US33734X1928"/>
        </identifiers>
        <balance>31373.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2448035.19000000</valUSD>
        <pctVal>3.147493629861</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>Invesco Exchange Traded Fd Tr</name>
        <lei>QPT4TMG79RF3UWNU0R52</lei>
        <title>INVESCO DYNAMIC BIOTECHNO</title>
        <cusip>46137V787</cusip>
        <identifiers>
          <isin value="US46137V7872"/>
        </identifiers>
        <balance>37037.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2185183.00000000</valUSD>
        <pctVal>2.809538686648</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>Aberdeen Standard Palladium Trust</name>
        <lei>N/A</lei>
        <title>ABERDEEN STANDARD PHYSICA</title>
        <cusip>003262102</cusip>
        <identifiers>
          <isin value="US0032621023"/>
        </identifiers>
        <balance>13954.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2755147.53000000</valUSD>
        <pctVal>3.542354838454</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>Exchange Traded Concepts Trust</name>
        <lei>549300TXJW88BSB0KL90</lei>
        <title>EMERGING MRKTS INTERNET</title>
        <cusip>301505889</cusip>
        <identifiers>
          <isin value="US3015058890"/>
        </identifiers>
        <balance>74972.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3816074.80000000</valUSD>
        <pctVal>4.906412772634</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>Ares Capital Corporation</name>
        <lei>WEQ82666OJYSI5GUAB47</lei>
        <title>ARES CAPITAL COR</title>
        <cusip>04010L103</cusip>
        <identifiers>
          <isin value="US04010L1035"/>
        </identifiers>
        <balance>124229.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1751628.90000000</valUSD>
        <pctVal>2.252108477505</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>AMPLIFY ETF TR</name>
        <lei>5493006EMX6222CPWJ71</lei>
        <title>AMPLIFY ONLINE RETAIL ETF</title>
        <cusip>032108102</cusip>
        <identifiers>
          <isin value="US0321081020"/>
        </identifiers>
        <balance>39700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3348695.00000000</valUSD>
        <pctVal>4.305492103995</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>Eaton Vance T/M Bu</name>
        <lei>549300K03NZO4ZHC3H11</lei>
        <title>EATON VA-T/M B/W</title>
        <cusip>27828Y108</cusip>
        <identifiers>
          <isin value="US27828Y1082"/>
        </identifiers>
        <balance>292191.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4116971.19000000</valUSD>
        <pctVal>5.293281995201</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>Blackstone Group Inc.</name>
        <lei>5299004LW4QWGZUB8Y96</lei>
        <title>BLACKSTONE GRO-A</title>
        <cusip>09260D107</cusip>
        <identifiers>
          <isin value="US09260D1072"/>
        </identifiers>
        <balance>64475.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3435228.00000000</valUSD>
        <pctVal>4.416749518670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spdr Series Trust</name>
        <lei>5493004JVD6CQEEJSS37</lei>
        <title>SPDR BBG BARC CONVERTIBLE</title>
        <cusip>78464A359</cusip>
        <identifiers>
          <isin value="US78464A3591"/>
        </identifiers>
        <balance>34755.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2255251.95000000</valUSD>
        <pctVal>2.899627903779</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>Flaherty &amp; Crumrine Preferred And Income Securities Fun</name>
        <lei>N/A</lei>
        <title>FLAHERTY &amp; CRUMR</title>
        <cusip>338478100</cusip>
        <identifiers>
          <isin value="US3384781007"/>
        </identifiers>
        <balance>181695.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3839215.35000000</valUSD>
        <pctVal>4.936165095645</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>PIMCO Corporate &amp; Income Strategy Fund</name>
        <lei>831ZYSJ6QAOQ4VPW8684</lei>
        <title>PIMCO CORPORATE</title>
        <cusip>72200U100</cusip>
        <identifiers>
          <isin value="US72200U1007"/>
        </identifiers>
        <balance>100304.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1533648.16000000</valUSD>
        <pctVal>1.971845761763</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>CBOE FUTURES EXCHANGE</name>
        <lei>254900O9GJPIWCP8RH13</lei>
        <title>CBOE VIX FUTURE   Aug20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXQ0 INDEX"/>
        </identifiers>
        <balance>50.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-170750.00000000</valUSD>
        <pctVal>-0.21953709631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>INTERACTIVE BROKERS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CBOE Volatility Index</indexName>
                <indexIdentifier>VIX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-08-19</expDate>
            <notionalAmt>1512000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-170750.00000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pimco Inc Opp Fd</name>
        <lei>549300Q41U0QIEXCOU14</lei>
        <title>PIMCO INCOME OPP</title>
        <cusip>72202B100</cusip>
        <identifiers>
          <isin value="US72202B1008"/>
        </identifiers>
        <balance>68710.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1655911.00000000</valUSD>
        <pctVal>2.129041831345</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>Vaneck Vectors Etf Trust</name>
        <lei>549300ZLFKNTXC51ZN76</lei>
        <title>VANECK VECTORS JUNIOR GOL</title>
        <cusip>92189F791</cusip>
        <identifiers>
          <isin value="US92189F7915"/>
        </identifiers>
        <balance>39670.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2397654.80000000</valUSD>
        <pctVal>3.082718434944</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>ISHARES TRUST</name>
        <lei>5493000860OXIC4B5K91</lei>
        <title>ISHARES GLOBAL MATERIALS</title>
        <cusip>464288695</cusip>
        <identifiers>
          <isin value="US4642886950"/>
        </identifiers>
        <balance>29483.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1967695.42000000</valUSD>
        <pctVal>2.529910037754</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>Allianzgi Equity &amp; Conv Income Fd</name>
        <lei>549300E7CGC36IOELF91</lei>
        <title>ALLIANZGI EQUITY</title>
        <cusip>018829101</cusip>
        <identifiers>
          <isin value="US0188291019"/>
        </identifiers>
        <balance>85446.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2090863.62000000</valUSD>
        <pctVal>2.688270148950</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>ISHARES TRUST</name>
        <lei>5493000860OXIC4B5K91</lei>
        <title>ISHARES JP MORGAN USD EME</title>
        <cusip>464288281</cusip>
        <identifiers>
          <isin value="US4642882819"/>
        </identifiers>
        <balance>15905.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1798696.45000000</valUSD>
        <pctVal>2.312624279893</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>ISHARES TRUST</name>
        <lei>5493000860OXIC4B5K91</lei>
        <title>ISHARES PREFERRED &amp; INCOM</title>
        <cusip>464288687</cusip>
        <identifiers>
          <isin value="US4642886877"/>
        </identifiers>
        <balance>119027.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4306396.86000000</valUSD>
        <pctVal>5.536830818393</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>ISHARES TRUST</name>
        <lei>5493000860OXIC4B5K91</lei>
        <title>ISHARES EDGE MSCI USA SIZ</title>
        <cusip>46432F370</cusip>
        <identifiers>
          <isin value="US46432F3709"/>
        </identifiers>
        <balance>19612.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1806265.20000000</valUSD>
        <pctVal>2.322355591154</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>Proshares Trust</name>
        <lei>5493005D9DS7C1P5AM59</lei>
        <title>PROSHARES LONG ONLINE/SHO</title>
        <cusip>74347B375</cusip>
        <identifiers>
          <isin value="US74347B3758"/>
        </identifiers>
        <balance>40212.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3450993.84000000</valUSD>
        <pctVal>4.437020011991</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>2020-08-28</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>
