Portfolio of Investments | December 31, 2023 (Unaudited) |
Goose Hollow Tactical Allocation ETF
Portfolio of Investments Summary Table | Percentage of Total Investments (%) | |||
Exchange-Traded Funds | 90.4 | |||
Financials | 6.0 | |||
Preferred Stock | 3.5 | |||
Purchased Options | 0.1 | |||
Total | 100.0 |
Portfolio holdings and allocations are subject to change. As of December 31, 2023, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund’s total net assets.
Portfolio of Investments | ||||||||
Shares | Fair Value ($) | |||||||
Common Stock — 5.5% | ||||||||
Financials — 5.5% | ||||||||
226,539 | AGNC Investment Corp. | 2,222,348 | ||||||
Total Common Stock (Cost $2,341,294) | 2,222,348 | |||||||
Exchange-Traded Funds — 82.7% | ||||||||
3,934 | abrdn Physical Palladium Shares ETF(a) | 397,688 | ||||||
111,232 | Goose Hollow Enhanced Equity ETF(b) | 2,917,615 | ||||||
46,086 | Goose Hollow Multi-Strategy Income ETF(b) | 1,190,632 | ||||||
66,686 | GraniteShares Platinum Trust(a) | 643,520 | ||||||
9,030 | iShares 20+ Year Treasury Bond ETF | 892,886 | ||||||
47,376 | iShares MSCI ACWI ETF | 4,821,456 | ||||||
176,469 | iShares MSCI Hong Kong ETF | 3,065,267 | ||||||
17,864 | iShares MSCI Israel ETF | 1,039,522 | ||||||
53,425 | iShares MSCI Poland ETF | 1,210,076 | ||||||
33,638 | iShares MSCI South Africa ETF | 1,405,732 | ||||||
9,232 | iShares MSCI Sweden ETF | 364,387 | ||||||
18,000 | iShares MSCI Thailand ETF | 1,149,480 | ||||||
63,243 | iShares Treasury Floating Rate Bond ETF | 3,191,874 | ||||||
2,500 | SPDR FTSE International Government Inflation-Protected Bond ETF | 104,850 | ||||||
11,575 | SPDR Gold Shares(a) | 2,212,793 | ||||||
27,687 | VanEck Gold Miners ETF | 858,574 | ||||||
47,666 | Vanguard Extended Duration Treasury ETF | 3,862,376 | ||||||
40,000 | Vanguard Long-Term Treasury ETF | 2,461,200 | ||||||
74,980 | Xtrackers Harvest CSI 300 China A-Shares ETF | 1,792,772 | ||||||
33,582,700 | ||||||||
Total Exchange-Traded Funds (Cost $32,539,593) | 33,582,700 | |||||||
Preferred Stock — 3.2% | ||||||||
408,479 | Federal National Mortgage Association | 1,315,302 | ||||||
Total Preferred Stock (Cost $1,033,646) | 1,315,302 | |||||||
Purchased Options — 0.0%(c)(d) | ||||||||
Total Purchased Options (Cost $28,954) | 19,300 | |||||||
Total Investments — 91.4% (Cost $35,943,487) | 37,139,650 | |||||||
Other Assets in Excess of Liabilities — 8.6% | 3,489,674 | |||||||
Net Assets — 100.0% | 40,629,324 |
(a) | Non-income producing security. |
(b) | Affiliated security. |
(c) | Represents less than 0.05%. |
(d) | See Portfolio of Purchased Options. |
Portfolio of Investments (continued) | December 31, 2023 (Unaudited) |
Goose Hollow Tactical Allocation ETF
ETF — Exchange-Traded Fund
FTSE — Financial Times Stock Exchange
MSCI — Morgan Stanley Capital International
SPDR — Standard & Poor’s Depositary Receipts
Portfolio of Purchased Options
Exchange-traded equity options purchased as of December 31, 2023 were as follows:
Description | Put/Call | Number of Contracts | Notional Amount (000)($)(e) | Strike Price ($) | Expiration Date | Value ($) | ||||||||||||||||
Banco Bradesco SA Options | Call | 200 | 60 | 3.00 | 1/19/24 | 10,500 | ||||||||||||||||
Itau Unibanco Holding SA Options | Call | 800 | 560 | 7.00 | 1/19/24 | 8,800 | ||||||||||||||||
(Total Cost $28,954) – 0.0% | 19,300 |
(e) | Notional amount is expressed as the number of contracts multiplied by contract size multiplied by the strike price of the underlying asset. |
Portfolio of Investments | December 31, 2023 (Unaudited) |
Goose Hollow Enhanced Equity ETF
Portfolio of Investments Summary Table | Percentage of Total Investments (%) | |||
Consumer Discretionary | 2.7 | |||
Exchange-Traded Funds | 82.4 | |||
Financials | 8.8 | |||
Industrials | 3.1 | |||
Materials | 3.0 | |||
Total | 100.0 |
Portfolio holdings and allocations are subject to change. As of December 31, 2023, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund’s total net assets.
Portfolio of Investments | ||||||||
Shares | Fair Value ($) | |||||||
Common Stocks — 15.6% | ||||||||
Consumer Discretionary — 2.4% | ||||||||
725 | NIKE, Inc., Class B | 78,713 | ||||||
78,713 | ||||||||
Financials — 7.9% | ||||||||
24,530 | Banco Bradesco SA, ADR | 85,855 | ||||||
12,590 | Itau Unibanco Holding SA, ADR | 87,501 | ||||||
7,345 | Standard Bank Group, Ltd., ADR | 83,513 | ||||||
256,869 | ||||||||
Industrials — 2.7% | ||||||||
57,445 | Air France-KLM, ADR(a) | 89,614 | ||||||
89,614 | ||||||||
Materials — 2.6% | ||||||||
17,595 | Impala Platinum Holdings, Ltd., ADR | 86,497 | ||||||
86,497 | ||||||||
Total Common Stocks (Cost $487,641) | 511,693 | |||||||
Exchange-Traded Funds — 72.9% | ||||||||
3,590 | iShares MSCI All Country Asia ex Japan ETF | 238,986 | ||||||
6,860 | iShares MSCI Finland ETF | 245,591 | ||||||
5,990 | iShares MSCI Israel ETF | 348,564 | ||||||
7,300 | iShares MSCI Malaysia ETF | 155,125 | ||||||
6,915 | iShares MSCI Norway ETF | 168,512 | ||||||
6,345 | iShares MSCI Philippines ETF | 164,907 | ||||||
5,805 | iShares MSCI South Africa ETF | 242,591 | ||||||
4,505 | iShares MSCI Sweden ETF | 177,812 | ||||||
5,440 | VanEck Gold Miners ETF | 168,694 | ||||||
5,695 | Vanguard Total International Stock ETF | 330,082 | ||||||
6,255 | Xtrackers Harvest CSI 300 China A-Shares ETF | 149,557 | ||||||
2,390,421 | ||||||||
Total Exchange-Traded Funds (Cost $2,336,239) | 2,390,421 | |||||||
Total Investments — 88.5% (Cost $2,823,880) | 2,902,114 | |||||||
Other Assets in Excess of Liabilities — 11.5% | 377,662 | |||||||
Net Assets — 100.0% | 3,279,776 |
(a) | Non-income producing security. |
ADR — American Depositary Receipt
ETF — Exchange-Traded Fund
MSCI — Morgan Stanley Capital International
Portfolio of Investments | December 31, 2023 (Unaudited) |
Goose Hollow Multi-Strategy Income ETF
Portfolio of Investments Summary Table | Percentage of Total Investments (%) | |||
Closed-End Funds | 5.3 | |||
Exchange-Traded Funds | 83.9 | |||
Preferred Stocks | 10.8 | |||
Total | 100.0 |
Portfolio holdings and allocations are subject to change. As of December 31, 2023, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund’s total net assets.
Portfolio of Investments | ||||||||
Shares | Fair Value ($) | |||||||
Closed-End Funds — 4.9% | ||||||||
68,980 | Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. | 321,447 | ||||||
81,580 | Saba Capital Income & Opportunities Fund II | 309,188 | ||||||
630,635 | ||||||||
Total Closed-End Funds (Cost $650,874) | 630,635 | |||||||
Exchange-Traded Funds — 77.2% | ||||||||
55,160 | Global X Variable Rate Preferred ETF | 1,277,506 | ||||||
37,380 | iShares Treasury Floating Rate Bond ETF | 1,886,569 | ||||||
52,601 | SPDR FTSE International Government Inflation-Protected Bond ETF | 2,206,085 | ||||||
28,740 | Vanguard Mortgage-Backed Securities ETF | 1,332,386 | ||||||
8,340 | Vanguard Real Estate ETF | 736,922 | ||||||
32,560 | Vanguard Short-Term Treasury ETF | 1,899,225 | ||||||
12,500 | Vanguard Total International Bond ETF | 617,063 | ||||||
9,955,756 | ||||||||
Total Exchange-Traded Funds (Cost $9,917,264) | 9,955,756 | |||||||
Preferred Stocks — 9.9% | ||||||||
12,120 | AGNC Investment Corp. | 263,732 | ||||||
9,980 | AGNC Investment Corp. | 247,803 | ||||||
9,960 | Annaly Capital Management, Inc. | 250,394 | ||||||
11,320 | Rithm Capital Corp. | 260,926 | ||||||
10,820 | Rithm Capital Corp. | 258,165 | ||||||
1,281,020 | ||||||||
Total Preferred Stocks (Cost $1,289,507) | 1,281,020 | |||||||
Total Investments — 92.0% (Cost $11,857,645) | 11,867,411 | |||||||
Other Assets in Excess of Liabilities — 8.0% | 1,035,085 | |||||||
Net Assets — 100.0% | 12,902,496 |
ETF — Exchange-Traded Fund
FTSE — Financial Times Stock Exchange
SPDR — Standard & Poor’s Depositary Receipts
Portfolio of Investments | December 31, 2023 (Unaudited) |
Mohr Growth ETF |
Portfolio of Investments Summary Table | Percentage of Total Investments (%) | |||
Consumer Discretionary | 5.9 | |||
Consumer Staples | 6.1 | |||
Energy | 4.9 | |||
Exchange-Traded Fund | 9.3 | |||
Financials | 15.5 | |||
Health Care | 12.1 | |||
Industrials | 11.9 | |||
Information Technology | 25.4 | |||
Materials | 3.1 | |||
Real Estate | 5.8 | |||
Total | 100.0 |
Portfolio holdings and allocations are subject to change. As of December 31, 2023, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund’s total net assets.
Portfolio of Investments | ||||||||
Shares | Fair Value ($) | |||||||
Common Stocks — 88.1% | ||||||||
Consumer Discretionary — 5.7% | ||||||||
998 | Chipotle Mexican Grill, Inc.(a) | 2,282,386 | ||||||
15,269 | Royal Caribbean Cruises, Ltd.(a) | 1,977,183 | ||||||
4,259,569 | ||||||||
Consumer Staples — 6.0% | ||||||||
14,401 | Procter & Gamble Co. (The) | 2,110,322 | ||||||
16,388 | Target Corp. | 2,333,979 | ||||||
4,444,301 | ||||||||
Energy — 4.7% | ||||||||
8,557 | Marathon Petroleum Corp. | 1,269,517 | ||||||
16,910 | Phillips 66 | 2,251,397 | ||||||
3,520,914 | ||||||||
Financials — 15.1% | ||||||||
22,864 | Apollo Global Management, Inc. | 2,130,696 | ||||||
18,474 | Capital One Financial Corp. | 2,422,311 | ||||||
28,239 | KKR & Co., Inc. | 2,339,601 | ||||||
14,338 | PNC Financial Services Group, Inc. (The) | 2,220,240 | ||||||
13,468 | Progressive Corp. (The) | 2,145,183 | ||||||
11,258,031 | ||||||||
Health Care — 11.8% | ||||||||
16,738 | Agilent Technologies, Inc. | 2,327,084 | ||||||
8,143 | Align Technology, Inc.(a) | 2,231,182 | ||||||
3,712 | Eli Lilly & Co. | 2,163,799 | ||||||
14,792 | Illumina, Inc.(a) | 2,059,638 | ||||||
8,781,703 | ||||||||
Industrials — 11.5% | ||||||||
34,397 | Fastenal Co. | 2,227,894 | ||||||
4,594 | Northrop Grumman Corp. | 2,150,635 | ||||||
5,443 | Old Dominion Freight Line, Inc. | 2,206,211 | ||||||
33,078 | Uber Technologies, Inc.(a) | 2,036,613 | ||||||
8,621,353 | ||||||||
Information Technology — 24.7% | ||||||||
18,241 | Advanced Micro Devices, Inc.(a) | 2,688,906 | ||||||
9,448 | Arista Networks, Inc.(a) | 2,225,098 | ||||||
2,100 | Broadcom, Inc. | 2,344,125 | ||||||
30,337 | Dell Technologies, Inc., Class C | 2,320,781 |
Portfolio of Investments (continued) | December 31, 2023 (Unaudited) |
Mohr Growth ETF |
Shares | Fair Value ($) | |||||||
Information Technology — 24.7% (continued) | ||||||||
1,653 | Fair Isaac Corp.(a) | 1,924,109 | ||||||
2,698 | Lam Research Corp. | 2,113,236 | ||||||
14,482 | SAP SE, ADR | 2,238,772 | ||||||
11,465 | Zscaler, Inc.(a) | 2,540,185 | ||||||
18,395,212 | ||||||||
Materials — 3.0% | ||||||||
54,057 | Newmont Corp. | 2,237,419 | ||||||
2,237,419 | ||||||||
Real Estate — 5.6% | ||||||||
10,473 | American Tower Corp. | 2,260,911 | ||||||
20,576 | CBRE Group, Inc., Class A(a) | 1,915,420 | ||||||
4,176,331 | ||||||||
Total Common Stocks (Cost $60,150,400) | 65,694,833 | |||||||
Exchange-Traded Fund — 9.0% | ||||||||
79,266 | VanEck Morningstar Wide Moat ETF | 6,727,305 | ||||||
Total Exchange-Traded Fund (Cost $6,228,750) | 6,727,305 | |||||||
Total Investments — 97.1% (Cost $66,379,150) | 72,422,138 | |||||||
Other Assets in Excess of Liabilities — 2.9% | 2,185,183 | |||||||
Net Assets — 100.0% | 74,607,321 |
(a) | Non-income producing security. |
ADR — American Depository Receipts |
ETF — Exchange-Traded Fund |
Portfolio of Investments | December 31, 2023 (Unaudited) |
Mindful Conservative ETF |
Portfolio of Investments Summary Table | Percentage of Total Investments (%) | |||
Exchange-Traded Funds | 100.0 | |||
Total | 100.0 |
Portfolio holdings and allocations are subject to change. As of December 31, 2023, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund’s total net assets.
Portfolio of Investments | ||||||||
Shares | Fair Value ($) | |||||||
Exchange-Traded Funds — 97.6% | ||||||||
89,218 | First Trust Exchange Traded Fund IV - SSI Strategic Convertible Securities ETF | 2,973,636 | ||||||
7,117 | First Trust Rising Dividend Achievers ETF | 367,735 | ||||||
61,324 | Goldman Sachs Access Treasury 0-1 Year ETF | 6,116,456 | ||||||
9,749 | Invesco Exchange-Traded Fund Trust-Invesco S&P 500 Top 50 ETF | 367,732 | ||||||
37,436 | iShares 0-3 Month Treasury Bond ETF | 3,753,708 | ||||||
39,187 | iShares 0-5 Year TIPS Bond ETF | 3,863,446 | ||||||
17,221 | iShares 5-10 Year Investment Grade Corporate Bond ETF | 895,492 | ||||||
4,459 | iShares Convertible Bond ETF | 350,433 | ||||||
100,668 | iShares Core Conservative Allocation ETF | 3,639,148 | ||||||
52,570 | iShares Core Total USD Bond Market ETF | 2,421,900 | ||||||
48,826 | iShares MSCI USA Min Vol Factor ETF | 3,809,893 | ||||||
89,801 | Schwab U.S. Large-Cap Value ETF | 6,295,050 | ||||||
66,823 | SPDR Bloomberg 1-3 Month T-Bill ETF | 6,106,954 | ||||||
4,788 | SPDR Bloomberg Convertible Securities ETF | 345,454 | ||||||
117,471 | SPDR Portfolio Long Term Treasury ETF | 3,409,008 | ||||||
130,485 | SPDR SSgA Multi-Asset Real Return ETF | 3,551,802 | ||||||
47,657 | Vanguard Intermediate-Term Corporate Bond ETF | 3,873,561 | ||||||
121,802 | WisdomTree Floating Rate Treasury Fund ETF | 6,119,333 | ||||||
58,260,741 | ||||||||
Total Exchange-Traded Funds (Cost $57,679,268) | 58,260,741 | |||||||
Total Investments — 97.6% (Cost $57,679,268) | 58,260,741 | |||||||
Other Assets in Excess of Liabilities — 2.4% | 1,404,614 | |||||||
Net Assets — 100.0% | 59,665,355 |
ETF — Exchange-Traded Fund |
MSCI — Morgan Stanley Capital Investment |
S&P — Standard and Poor’s |
SPDR — Standard & Poor’s Depositary Receipts |
SSgA — State Street Global Advisors |
SSI — Supplemental Security Income |
TIPS — Treasury Inflation-Protected Security |
Portfolio of Investments | December 31, 2023 (Unaudited) |
Adaptive Core ETF |
Portfolio of Investments Summary Table | Percentage of Total Investments (%) | |||
Communication Services | 6.5 | |||
Consumer Discretionary | 3.2 | |||
Energy | 1.7 | |||
Exchange-Traded Funds | 6.6 | |||
Financials | 17.1 | |||
Health Care | 10.6 | |||
Industrials | 9.6 | |||
Information Technology | 44.7 | |||
Total | 100.0 |
Portfolio holdings and allocations are subject to change. As of December 31, 2023, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund’s total net assets.
Portfolio of Investments | ||||||||
Shares | Fair Value ($) | |||||||
Common Stocks — 91.9% | ||||||||
Communication Services — 6.4% | ||||||||
69,296 | AT&T, Inc. | 1,162,787 | ||||||
3,971 | Meta Platforms, Inc., Class A(a) | 1,405,575 | ||||||
2,568,362 | ||||||||
Consumer Discretionary — 3.2% | ||||||||
11,754 | NIKE, Inc., Class B | 1,276,132 | ||||||
1,276,132 | ||||||||
Energy — 1.7% | ||||||||
3,929 | Cheniere Energy, Inc. | 670,719 | ||||||
670,719 | ||||||||
Financials — 16.8% | ||||||||
7,607 | American Express Co. | 1,425,096 | ||||||
27,946 | Bank of New York Mellon Corp. (The) | 1,454,589 | ||||||
11,234 | Blackstone, Inc. | 1,470,755 | ||||||
17,075 | Charles Schwab Corp. (The) | 1,174,760 | ||||||
5,560 | Chubb, Ltd. | 1,256,560 | ||||||
6,781,760 | ||||||||
Health Care — 10.4% | ||||||||
20,075 | Centene Corp.(a) | 1,489,766 | ||||||
12,179 | Dexcom, Inc.(a) | 1,511,292 | ||||||
2,292 | UnitedHealth Group, Inc. | 1,206,669 | ||||||
4,207,727 | ||||||||
Industrials — 9.5% | ||||||||
5,794 | AMETEK, Inc. | 955,373 | ||||||
28,340 | Copart, Inc.(a) | 1,388,660 | ||||||
6,026 | Trane Technologies PLC | 1,469,741 | ||||||
3,813,774 | ||||||||
Information Technology — 43.9% | ||||||||
2,057 | Adobe, Inc.(a) | 1,227,206 | ||||||
11,490 | Advanced Micro Devices, Inc.(a) | 1,693,741 | ||||||
1,394 | Broadcom, Inc. | 1,556,053 | ||||||
4,940 | Cadence Design Systems, Inc.(a) | 1,345,508 | ||||||
6,126 | CDW Corp. | 1,392,562 | ||||||
6,591 | Crowdstrike Holdings, Inc., Class A(a) | 1,682,814 | ||||||
2,335 | HubSpot, Inc.(a) | 1,355,561 | ||||||
9,380 | Keysight Technologies, Inc.(a) | 1,492,264 | ||||||
2,539 | KLA Corp. | 1,475,921 | ||||||
1,974 | Lam Research Corp. | 1,546,155 | ||||||
4,977 | Palo Alto Networks, Inc.(a) | 1,467,618 |
Portfolio of Investments (continued) | December 31, 2023 (Unaudited) |
Adaptive Core ETF |
Shares | Fair Value ($) | |||||||
Information Technology — 43.9% (continued) | ||||||||
2,041 | ServiceNow, Inc.(a) | 1,441,946 | ||||||
17,677,349 | ||||||||
Total Common Stocks (Cost $32,825,111) | 36,995,823 | |||||||
Exchange-Traded Funds — 6.5% | ||||||||
7,982 | PIMCO Active Bond Exchange-Traded Fund | 737,936 | ||||||
6,690 | SPDR Bloomberg 1-3 Month T-Bill ETF | 611,399 | ||||||
25,165 | WisdomTree Floating Rate Treasury Fund ETF | 1,264,290 | ||||||
2,613,625 | ||||||||
Total Exchange-Traded Funds (Cost $2,581,685) | 2,613,625 | |||||||
Total Investments — 98.4% (Cost $35,406,796) | 39,609,448 | |||||||
Other Assets in Excess of Liabilities — 1.6% | 650,390 | |||||||
Net Assets — 100.0% | 40,259,838 |
(a) | Non-income producing security. |
ETF — Exchange-Traded Fund |
PIMCO — Pacific Investment Management Company |
PLC — Public Limited Company |
SPDR — Standard & Poor’s Depositary Receipts |
Portfolio of Investments | December 31, 2023 (Unaudited) |
Mohr Sector Nav ETF |
Portfolio of Investments Summary Table | Percentage of Total Investments (%) | |||
Exchange-Traded Funds | 100.0 | |||
Total | 100.0 |
Portfolio holdings and allocations are subject to change. As of December 31, 2023, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund’s total net assets.
Portfolio of Investments | ||||||||
Shares | Fair Value ($) | |||||||
Exchange-Traded Funds — 98.2% | ||||||||
52,305 | Energy Select Sector SPDR Fund | 4,385,251 | ||||||
177,944 | Invesco S&P 500 Equal Weight ETF(a) | 28,079,563 | ||||||
21,396 | SPDR S&P 500 ETF Trust | 10,169,733 | ||||||
32,499 | Technology Select Sector SPDR Fund | 6,255,408 | ||||||
37,500 | Vanguard Energy ETF | 4,398,000 | ||||||
53,287,955 | ||||||||
Total Exchange-Traded Funds (Cost $49,678,863) | 53,287,955 | |||||||
Total Investments — 98.2% (Cost $49,678,863) | 53,287,955 | |||||||
Other Assets in Excess of Liabilities — 1.8% | 979,131 | |||||||
Net Assets — 100.0% | 54,267,086 |
(a) | As of December 31, 2023, investment is 51.74% of the Fund’s net assets. |
ETF — Exchange-Traded Fund |
S&P — Standard and Poor’s |
SPDR — Standard & Poor’s Depositary Receipts |
Portfolio of Investments | December 31, 2023 (Unaudited) |
Rareview Dynamic Fixed Income ETF
Portfolio of Investments Summary Table | Percentage of Total Investments (%) | |||
Closed-End Funds | 94.3 | |||
Common Stocks | 4.5 | |||
Exchange-Traded Fund | 1.2 | |||
Total | 100.0 | |||
Portfolio holdings and allocations are subject to change. As of December 31, 2023, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund's total net assets. |
Portfolio of Investments | ||||||||
Shares | Fair Value ($) | |||||||
Closed-End Funds — 89.3% | ||||||||
884,934 | Aberdeen Asia-Pacific Income Fund, Inc. | 2,398,171 | ||||||
143,421 | Allspring Income Opportunities | 935,105 | ||||||
290,080 | BlackRock Credit Allocation Income Trust | 2,993,626 | ||||||
110,080 | BlackRock Income Trust, Inc. | 1,340,774 | ||||||
69,899 | BlackRock Municipal Income Trust II | 746,521 | ||||||
67,655 | BlackRock MuniYield Fund, Inc. | 729,321 | ||||||
24,239 | BlackRock MuniYield Quality Fund III, Inc. | 282,142 | ||||||
47,939 | First Trust High Yield Opportunities 2027 Term Fund | 667,790 | ||||||
163,026 | First Trust Intermediate Duration Preferred & Income Fund | 2,658,954 | ||||||
134,116 | Franklin, Ltd. Duration Income Trust | 834,202 | ||||||
54,817 | Invesco Municipal Opportunity Trust | 526,791 | ||||||
37,386 | Invesco Municipal Trust | 356,289 | ||||||
62,174 | Invesco Quality Municipal Income Trust | 591,275 | ||||||
451,661 | Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. | 2,104,740 | ||||||
107,551 | Nuveen AMT-Free Municipal Credit Income Fund | 1,271,253 | ||||||
105,525 | Nuveen Municipal Credit Income Fund | 1,247,305 | ||||||
405,875 | Nuveen Preferred & Income Opportunities Fund | 2,743,715 | ||||||
101,663 | Nuveen Quality Municipal Income Fund | 1,164,041 | ||||||
42,505 | Nuveen Variable Rate Preferred & Income Fund | 690,706 | ||||||
121,735 | PGIM Global High Yield Fund, Inc. | 1,382,910 | ||||||
120,233 | PGIM High Yield Bond Fund, Inc. | 1,481,271 | ||||||
80,125 | PIMCO Dynamic Income Strategy Fund | 1,640,960 | ||||||
300,707 | Templeton Emerging Markets Income Fund | 1,533,606 | ||||||
309,531 | Western Asset Emerging Markets Debt Fund, Inc. | 2,850,781 | ||||||
64,749 | Western Asset Managed Municipals Fund, Inc. | 658,497 | ||||||
33,830,746 | ||||||||
Total Closed-End Funds (Cost $34,695,779) | 33,830,746 | |||||||
Common Stock — 4.3% | ||||||||
Financials — 4.3% | ||||||||
83,290 | Annaly Capital Management, Inc. | 1,613,327 | ||||||
Total Common Stock (Cost $1,676,811) | 1,613,327 | |||||||
Exchange-Traded Fund — 1.2% | ||||||||
4,639 | iShares MBS ETF | 436,437 | ||||||
Total Exchange-Traded Fund (Cost $436,644) | 436,437 | |||||||
Total Investments — 94.8% (Cost $36,809,234) | 35,880,510 | |||||||
Other Assets in Excess of Liabilities — 5.2% | 1,981,859 | |||||||
Net Assets — 100.0% | 37,862,369 | |||||||
AMT — Alternative Minimum Tax |
ETF — Exchange-Traded Fund |
MBS — Mortgage-Backed Securities |
PIMCO — Pacific Investment Management Company |
Portfolio of Investments | December 31, 2023 (Unaudited) |
Rareview Tax Advantaged Income ETF
Portfolio of Investments Summary Table | Percentage of Total Investments (%) | |||
Closed-End Funds | 100.0 | |||
Total | 100.0 |
Portfolio holdings and allocations are subject to change. As of December 31, 2023, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund's total net assets. |
Portfolio of Investments | ||||||||
Shares | Fair Value ($) | |||||||
Closed-End Funds — 98.8% | ||||||||
138,790 | BlackRock Municipal Income Trust II | 1,482,277 | ||||||
244,144 | BlackRock MuniYield Fund, Inc. | 2,631,872 | ||||||
109,842 | BlackRock MuniYield Quality Fund III, Inc. | 1,278,561 | ||||||
89,650 | Invesco Municipal Opportunity Trust | 861,537 | ||||||
177,721 | Invesco Municipal Trust | 1,693,681 | ||||||
181,065 | Invesco Quality Municipal Income Trust | 1,721,928 | ||||||
234,575 | Nuveen AMT-Free Municipal Credit Income Fund | 2,772,677 | ||||||
238,490 | Nuveen Municipal Credit Income Fund | 2,818,952 | ||||||
230,562 | Nuveen Quality Municipal Income Fund | 2,639,935 | ||||||
216,072 | Western Asset Managed Municipals Fund, Inc. | 2,197,452 | ||||||
20,098,872 | ||||||||
Total Closed-End Funds (Cost $20,805,298) | 20,098,872 | |||||||
Total Investments — 98.8% (Cost $20,805,298) | 20,098,872 | |||||||
Other Assets in Excess of Liabilities — 1.2% | 247,546 | |||||||
Net Assets — 100.0% | 20,346,418 | |||||||
AMT — Alternative Minimum Tax |
Portfolio of Investments | December 31, 2023 (Unaudited) |
Rareview Inflation/Deflation ETF
Portfolio of Investments Summary Table | Percentage of Total Investments (%) | |||
Exchange-Traded Funds | 94.1 | |||
Purchased Options on Futures | 5.9 | |||
Total | 100.0 |
Portfolio holdings and allocations are subject to change. As of December 31, 2023, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund's total net assets. |
Portfolio of Investments | ||||||
Shares | Fair Value ($) | |||||
Exchange-Traded Funds — 89.4% | ||||||
70,888 | iShares MBS ETF(a) | 6,669,143 | ||||
36,137 | SPDR Bloomberg 1-3 Month T-Bill ETF | 3,302,560 | ||||
137,985 | Vanguard Intermediate-Term Treasury ETF(b) | 8,185,270 | ||||
21,984 | Vanguard Short-Term Treasury ETF | 1,282,327 | ||||
19,439,300 | ||||||
Total Exchange-Traded Funds (Cost $19,192,869) | 19,439,300 | |||||
Purchased Options on Futures — 5.6%(c) | ||||||
Total Purchased Options on Futures (Cost $1,184,947) | 1,225,000 | |||||
Total Investments — 95.0% (Cost $20,377,816) | 20,664,300 | |||||
Other Assets in Excess of Liabilities — 5.0% | 1,081,758 | |||||
Net Assets — 100.0% | 21,746,058 |
(a) | As of December 31, 2023, investment is 30.67% of the Fund's net assets. |
(b) | As of December 31, 2023, investment is 37.64% of the Fund's net assets. |
(c) | See Portfolio of Purchased Options. |
ETF — Exchange-Traded Fund |
MBS — Mortgage-Backed Securities |
SPDR — Standard & Poor's Depositary Receipts |
Futures Contracts
At December 31, 2023, the Fund's open futures contracts were as follows:
Futures Contracts Purchased | ||||||||||||||||||
Description | Number of Contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation (Depreciation) ($) | |||||||||||||
2 Year US Treasury Note Future | 564 | 3/28/24 | 115,013,799 | 116,135,531 | 1,121,732 | |||||||||||||
1,121,732 |
Futures Contracts Sold
Description | Number of Contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation (Depreciation) ($) | |||||||||||||
10 Year US Treasury Note Future | 232 | 3/19/24 | 26,212,302 | 27,379,625 | (1,167,323 | ) | ||||||||||||
(1,167,323 | ) |
Portfolio of Investments (continued) | December 31, 2023 (Unaudited) |
Rareview Inflation/Deflation ETF
Written Options
Exchange-traded options on futures contracts written as of December 31, 2023 were as follows:
Description | Put/Call | Number of Contracts | Notional Amount (000)($)(d) | Premiums Received ($) | Strike Price ($) | Expiration Date | Value ($) | |||||||||||||||||
3 Month SOFR Options | Call | 3,500 | 853,125 | 305,928 | 97.50 | 6/14/24 | (284,375 | ) | ||||||||||||||||
(Total Premiums Received $305,928) | (284,375 | ) |
Portfolio of Purchased Options
Exchange-traded options on futures contracts purchased as of December 31, 2023 were as follows:
Description | Put/Call | Number of Contracts | Notional Amount (000)($)(d) | Strike Price ($) | Expiration Date | Value ($) | |||||||||||||||
3 Month SOFR Options | Call | 3,500 | 840,000 | 96.00 | 6/14/24 | 1,225,000 | |||||||||||||||
(Total Cost $1,184,947) - 5.6% | 1,225,000 |
(d) | Notional amount is expressed as the number of contracts multiplied by contract size multiplied by the strike price of the underlying asset. |
Portfolio of Investments | December 31, 2023 (Unaudited) |
Rareview Systematic Equity ETF
Portfolio of Investments Summary Table | Percentage of Total Investments (%) | |||
Domestic Equity Exchange-Traded Funds | 67.5 | % | ||
Developed and Emerging Markets Exchange-Traded Funds | 32.5 | % | ||
Total | 100.0 |
Portfolio holdings and allocations are subject to change. As of December 31, 2023, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund's total net assets. | |||
Portfolio of Investments | ||||||||
Shares | Fair Value ($) | |||||||
Exchange-Traded Funds — 86.6% | ||||||||
68,579 | SPDR Bloomberg 1-3 Month T-Bill ETF | 6,267,435 | ||||||
135,906 | Vanguard FTSE Developed Markets ETF | 6,509,897 | ||||||
94,811 | Vanguard FTSE Emerging Markets ETF | 3,896,732 | ||||||
24,578 | Vanguard S&P 500 ETF(a) | 10,735,671 | ||||||
21,557 | Vanguard Small-Cap ETF | 4,598,755 | ||||||
32,008,490 | ||||||||
Total Exchange-Traded Funds (Cost $28,364,745) | 32,008,490 | |||||||
Total Investments — 86.6% (Cost $28,364,745) | 32,008,490 | |||||||
Other Assets in Excess of Liabilities — 13.4% | 4,939,430 | |||||||
Net Assets — 100.0% | 36,947,920 |
(a) | As of December 31, 2023, investment is 29.06% of the Fund's net assets. |
ETF — Exchange-Traded Fund
FTSE — Financial Times Stock Exchange
S&P — Standard and Poor's
SPDR — Standard & Poor's Depositary Receipts
Futures Contracts | ||||||||||||||||||
At December 31, 2023, the Fund's open futures contracts were as follows: | ||||||||||||||||||
Futures Contracts Purchased | ||||||||||||||||||
Description | Number of Contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation (Depreciation) ($) | |||||||||||||
E-mini Russell 2000 Index Future | 41 | 3/15/24 | 3,899,894 | 4,197,785 | 297,891 | |||||||||||||
E-mini S&P 500 Future | 40 | 3/15/24 | 9,319,975 | 9,640,000 | 320,025 | |||||||||||||
MSCI EAFE Index Future | 51 | 3/15/24 | 5,526,210 | 5,743,620 | 217,410 | |||||||||||||
MSCI Emerging Markets Index Future | 68 | 3/15/24 | 3,360,131 | 3,514,580 | 154,449 | |||||||||||||
989,775 |
Portfolio of Investments | December 31, 2023 (Unaudited) |
The SPAC and New Issue ETF |
Portfolio of Investments Summary Table | Percentage of Total Investments (%) | |||
Consumer Discretionary | 0.1 | |||
Exchange-Traded Fund | 19.7 | |||
Financials | 78.3 | |||
Private Investments | 0.9 | |||
Rights | 0.2 | |||
Warrants | 0.8 | |||
Total | 100.0 |
Portfolio holdings and allocations are subject to change. As of December 31, 2023, percentages in the table above are based on total investments. Such total investments may differ from the percentages set forth in the following Portfolio of Investments which are computed using the Fund's total net assets.
Portfolio of Investments | ||||||||
Shares/Units | Fair Value ($) | |||||||
Common Stocks — 76.0% | ||||||||
Consumer Discretionary — 0.1% | ||||||||
2,813 | Allego NV(a) | 3,798 | ||||||
2,111 | ECD Automotive Design, Inc.(a) | 2,618 | ||||||
6,416 | ||||||||
Financials — 75.9% | ||||||||
54,069 | A SPAC II Acquisition Corp.(a) | 587,190 | ||||||
74,315 | Acropolis Infrastructure Escrow(a) | — | ||||||
25,000 | Andretti Acquisition Corp.(a) | 271,750 | ||||||
18,740 | Arrowroot Acquisition Corp., Class A(a) | 196,395 | ||||||
19,219 | Athena Technology Acquisition Corp. II, Class A(a) | 207,757 | ||||||
44,897 | Aura FAT Projects Acquisition Corp., Class A(a) | 488,030 | ||||||
36,000 | BlueRiver Acquisition Corp., Class A(a) | 383,760 | ||||||
35,000 | Cartica Acquisition Corp., Class A(a) | 381,850 | ||||||
40,000 | CF Acquisition Corp. VII, Class A(a) | 434,000 | ||||||
41,762 | Churchill Capital Corp. VII, Class A(a) | 438,501 | ||||||
11,386 | Clean Energy Special Situations Corp.(a) | 119,553 | ||||||
20,000 | Compass Digital Acquisition Corp.(a) | 211,000 | ||||||
35,714 | Concord Acquisition Corp. II, Class A(a) | 370,711 | ||||||
45,000 | ESH Acquisition Corp., Class A(a) | 459,900 | ||||||
15,000 | Fintech Ecosystem Development Corp., Class A(a) | 160,650 | ||||||
12,000 | FutureTech II Acquisition Corp., Class A(a) | 130,320 | ||||||
25,000 | Golden Star Acquisition Corp.(a) | 260,500 | ||||||
30,000 | Gores Holdings IX, Inc., Class A(a) | 315,000 | ||||||
20,000 | Haymaker Acquisition Corp. 4(a) | 205,200 | ||||||
15,000 | HH&L Acquisition Co., Class A(a) | 160,650 | ||||||
18,914 | Integrated Rail and Resources Acquisition Corp., Class A(a) | 204,271 | ||||||
42,948 | International Media Acquisition Corp.(a) | 1,503 | ||||||
35,000 | Israel Acquisitions Corp., Class A(a) | 374,150 | ||||||
4,500 | Keen Vision Acquisition Corp.(a) | 46,620 | ||||||
35,150 | Kernel Group Holdings, Inc., Class A(a) | 377,511 | ||||||
10,027 | Keyarch Acquisition Corp.(a) | 108,993 | ||||||
54,957 | Newbury Street Acquisition Corp.(a) | 582,544 | ||||||
20,000 | Onyx Acquisition Co. I, Class A(a) | 220,800 | ||||||
20,000 | Perception Capital Corp. III, Class A(a) | 210,800 | ||||||
27,000 | Plum Acquisition Corp. I(a) | 292,950 | ||||||
14,369 | Pono Capital Two, Inc., Class A(a) | 153,317 | ||||||
17,000 | PowerUp Acquisition Corp., Class A(a) | 185,470 | ||||||
45,087 | Project Energy Reimagined Acquisition Corp.(a) | 477,021 | ||||||
25,094 | Screaming Eagle Acquisition Corp., Class A(a) | 265,996 | ||||||
40,000 | SilverBox Corp. III, Class A(a) | 413,600 | ||||||
40,000 | Southport Acquisition Corp.(a) | 424,800 | ||||||
15,000 | Spark I Acquisition Corp.(a) | 152,700 | ||||||
27,640 | Thunder Bridge Capital Partners IV, Inc., Class A(a) | 282,481 |
Portfolio of Investments (continued) | December 31, 2023 (Unaudited) |
The SPAC and New Issue ETF |
Shares/Units | Fair Value ($) | |||||||
Financials — 75.9% (continued) | ||||||||
67,033 | TortoiseEcofin Acquisition Corp. III, Class A(a) | 711,891 | ||||||
14,885 | Valuence Merger Corp. I, Class A(a) | 166,563 | ||||||
11,436,698 | ||||||||
Total Common Stocks (Cost $11,028,120) | 11,443,114 | |||||||
Exchange-Traded Fund — 19.2% | ||||||||
57,800 | US Treasury 3 Month Bill ETF | 2,881,908 | ||||||
Total Exchange-Traded Fund (Cost $2,885,544) | 2,881,908 | |||||||
Private Investments — 0.8% | ||||||||
59,668 | Clean Energy Special Situations Corp. - Founder Shares(a)(b)(c) | 93,977 | ||||||
19,889 | Clean Energy Special Situations Corp. - Private Placement Units(a)(b)(c)(d) | 31,325 | ||||||
125,302 | ||||||||
Total Private Investments (Cost $198,894) | 125,302 | |||||||
Rights — 0.2% | ||||||||
32,020 | A SPAC II Acquisition Corp., 01/02/2026(a) | 2,594 | ||||||
40,000 | Aurora Technology Acquisition Corp., 01/01/2025(a) | 7,400 | ||||||
11,386 | Clean Energy Special Situations Corp., 01/01/2025(a) | — | ||||||
69,024 | Deep Medicine Acquisition Corp., 01/12/2029(a) | 20,707 | ||||||
10,528 | Keyarch Acquisition Corp.(a) | 610 | ||||||
26,370 | NorthView Acquisition Corp., 12/31/2026(a) | 2,294 | ||||||
33,605 | ||||||||
Total Rights (Cost $207) | 33,605 | |||||||
Warrants — 0.8% | ||||||||
16,010 | A SPAC II Acquisition Corp., 05/03/2027(a) | 82 | ||||||
29,698 | Aeries Technology, Inc., 10/20/2026(a) | 1,491 | ||||||
12,221 | Alpha Tau Medical, Ltd., 03/07/2027(a) | 2,334 | ||||||
5,428 | Alvotech SA, 06/15/2027(a) | 13,570 | ||||||
15,030 | Athena Technology Acquisition Corp. II, 10/17/2028(a) | 376 | ||||||
50,000 | Aura FAT Projects Acquisition Corp., 06/02/2027(a) | 750 | ||||||
40,000 | Aurora Technology Acquisition Corp., 02/07/2028(a) | 404 | ||||||
8,538 | BigBear.ai Holdings, Inc., 12/31/2028(a) | 2,887 | ||||||
70,160 | Clean Energy Special Situations Corp., 04/12/2026(a) | 4,210 | ||||||
16,893 | ECD Automotive Design, Inc., 12/08/2027(a) | 405 | ||||||
47,224 | Fathom Digital Manufacturing C, 12/23/2026(a) | 52 | ||||||
42,500 | Freightos, Ltd., 01/23/2028(a) | 3,443 | ||||||
7,095 | Golden Arrow Merger Corp., 07/31/2026(a) | 923 | ||||||
13,561 | Hyzon Motors, Inc., 10/02/2025(a) | 405 | ||||||
16,897 | Integrated Rail and Resources Acquisition Corp., 11/12/2026(a) | 1,184 | ||||||
35,000 | Israel Acquisitions Corp., 02/28/2028(a) | 2,104 | ||||||
15,764 | Kernel Group Holdings, Inc., Class A, 01/31/2027(a) | 333 | ||||||
6,000 | Keyarch Acquisition Corp., 07/25/2028(a) | 72 | ||||||
40,204 | Metals Acquisition, Ltd., 06/16/2028(a) | 68,749 | ||||||
8,781 | Moringa Acquisition Corp., 02/10/2026(a) | 285 | ||||||
10,402 | New Vista Acquisition Corp., 12/31/2027(a) | — | (e) | |||||
19,770 | Newbury Street Acquisition Corp., 12/31/2027(a) | 792 | ||||||
13,185 | NorthView Acquisition Corp., 08/02/2027(a) | 165 | ||||||
12,478 | Nubia Brand International Corp., 11/16/2026(a) | 586 | ||||||
11,868 | P3 Health Partners, Inc., 11/19/2026(a) | 948 | ||||||
16,095 | Pinstripes Holdings, Inc., 09/30/2028(a) | 5,940 | ||||||
12,000 | Pono Capital Three, Inc., Class A, 04/03/2028(a) | 1,080 | ||||||
14,369 | Pono Capital Two, Inc., 09/23/2027(a) | 405 | ||||||
21,244 | SatixFy Communications, Ltd., 10/26/2027(a) | 170 |
Portfolio of Investments (continued) | December 31, 2023 (Unaudited) |
The SPAC and New Issue ETF |
Shares/Units | Fair Value ($) | |||||||
Warrants — 0.8% (continued) | ||||||||
9,220 | Screaming Eagle Acquisition Corp., 12/15/2027(a) | 4,150 | ||||||
4,289 | Selina Hospitality PLC, 10/25/2027(a) | 22 | ||||||
683 | Solid Power, Inc., 12/08/2026(a) | 132 | ||||||
10,263 | Sonder Holdings, Inc., 01/31/2028(a) | 205 | ||||||
28,900 | Spree Acquisition Corp. 1, Ltd., 12/22/2028(a) | 867 | ||||||
13,333 | Target Global Acquisition I Corp., 12/31/2027(a) | 933 | ||||||
13,635 | Twelve Seas Investment Co. II, 03/02/2028(a) | 409 | ||||||
8,978 | Valuence Merger Corp. I, 03/01/2027(a) | 269 | ||||||
121,132 | ||||||||
Total Warrants (Cost $73,864) | 121,132 | |||||||
Total Investments — 97.0% (Cost $14,186,629) | 14,605,061 | |||||||
Other Assets in Excess of Liabilities — 3.0% | 454,276 | |||||||
Net Assets — 100.0% | 15,059,337 |
(a) | Non-income producing security. |
(b) | Security was valued using unobservable inputs in good faith pursuant to procedures approved by the Board of Trustees as of December 31, 2023. The total of all such securities represents 0.83% of the net assets of the Fund. |
(c) | Security which is restricted to resale. The Fund's Advisor has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The aggregate value of these securities at December 31, 2023 was $125,302 which represented 0.83% of the total investments of the Fund. |
(d) | Each unit represents one share and ½ warrant. |
(e) | Amount less than $0.05. |
The illiquid restricted securities held as of December 31, 2023 are identified below.
Security |
Acquisition |
Acquisition |
Shares |
Fair |
Percentage | |||||
Clean Energy Special Situations Corp. - Founder Shares | 08/12/2021 | 153,894 | 59,668 | 93,977 | 0.6 | |||||
Clean Energy Special Situations Corp. - Private Placement Units | 08/12/2021 | 45,000 | 19,889 | 31,325 | 0.2 |
(f) | Acquisition date represents the initial purchase date of the security. |