Portfolio of Investments	June 30, 2025 (Unaudited)
Anydrus Advantage ETF

Shares			Fair Value ($)
Common Stocks — 39.7%
Communication Services — 4.4%
	2,206	Alphabet, Inc., Class A		388,764
	1,850	Baidu, Inc., ADR(a)		158,656
	3,191	Iridium Communications, Inc.		96,272
	1,975	JOYY, Inc., ADR		100,547
	4,461	KT Corp., ADR		92,700
	526	Meta Platforms, Inc., Class A		388,235
	184	Netflix, Inc.(a)		246,400
	4,123	PT Telkom Indonesia Persero Tbk, ADR		69,844
	1,117	VEON Ltd., ADR(a)		51,460
	2,351	Walt Disney Co. (The)		291,547
	6,658	Warner Bros Discovery, Inc.(a)		76,301
	11,140	Yalla Group, Ltd., ADR(a)		75,084
				2,035,810
Consumer Discretionary — 3.7%
	1,392	Alibaba Group Holding, Ltd., ADR		157,866
	2,076	Amazon.com, Inc.(a)		455,453
	4,139	Carnival Corp.(a)		116,389
	2,219	Coupang, Inc.(a)		66,481
	629	Darden Restaurants, Inc.		137,103
	17,329	Jumia Technologies AG, ADR(a)		69,663
	12,702	Melco Resorts & Entertainment, Ltd., ADR(a)		91,835
	44	MercadoLibre, Inc.(a)		115,000
	934	Modine Manufacturing Co.(a)		91,999
	1,295	Tapestry, Inc.		113,714
	257	Tesla, Inc.(a)		81,639
	446	Ulta Beauty, Inc.(a)		208,648
				1,705,790
Consumer Staples — 1.8%
	3,997	Albertsons Cos, Inc., Class A		85,975
	1,964	Coca-Cola Co. (The)		138,953
	955	Coca-Cola Femsa Sab de CV, ADR		92,377
	970	Colgate-Palmolive Co.		88,173
	1,491	Monster Beverage Corp.(a)		93,396
	909	Target Corp.		89,673
	1,161	US Foods Holding Corp.(a)		89,409
	1,457	Walmart, Inc.		142,466
				820,422
Energy — 1.6%
	802	Cheniere Energy, Inc.		195,303
	434	Chevron Corp.		62,144
	800	Expand Energy Corp.		93,552
	2,719	Noble Corp. PLC		72,190
	3,436	Occidental Petroleum Corp.		144,346
	5,086	Petroleo Brasileiro SA, ADR		63,626
	1,418	Tidewater, Inc.(a)		65,412
	1,877	YPF SA, ADR(a)		59,032
				755,605
Financials — 5.2%
	9,408	Aegon, Ltd.		68,114
	924	Allstate Corp. (The)		186,011
	709	American Express Co.		226,157
	4,869	Barclays PLC, ADR		90,515
	1,075	Capital One Financial Corp.		228,717

Portfolio of Investments (continued)	June 30, 2025 (Unaudited)
Anydrus Advantage ETF

Shares			Fair Value ($)
Common Stocks — 39.7% (continued)
Financials — 5.2% (continued)
	559	Futu Holdings, Ltd., ADR		69,087
	1,150	Intercontinental Exchange, Inc.		210,990
	4,853	Invesco, Ltd.		76,532
	9,798	Itau Unibanco Holding SA, ADR		66,528
	1,115	JPMorgan Chase & Co.		323,249
	529	Kaspi.KZ JSC, ADR		44,907
	165	Mastercard, Inc., Class A		92,720
	5,104	NU Holdings, Ltd., Class A(a)		70,027
	668	Progressive Corp. (The)		178,262
	313	Visa, Inc., Class A		111,131
	2,914	Wells Fargo & Co.		233,469
	5,513	XP, Inc., Class A		111,363
				2,387,779
Health Care — 4.1%
	486	AbbVie, Inc.		90,211
	1,346	Boston Scientific Corp.(a)		144,574
	2,970	Bristol-Myers Squibb Co.		137,482
	1,374	Cardinal Health, Inc.		230,832
	702	Danaher Corp.		138,673
	113	Eli Lilly & Co.		88,087
	556	Encompass Health Corp.		68,182
	1,249	Gilead Sciences, Inc.		138,476
	1,277	Halozyme Therapeutics, Inc.(a)		66,430
	304	HCA Healthcare, Inc.		116,462
	123	McKesson Corp.		90,132
	1,052	Medtronic PLC		91,703
	4,192	Pfizer, Inc.		101,614
	15,702	Rezolute, Inc.(a)		70,031
	3,276	Royalty Pharma PLC, Class A		118,034
	347	Universal Health Services, Inc., Class B		62,859
	397	Veeva Systems, Inc., Class A(a)		114,328
				1,868,110
Industrials — 3.7%
	841	Chart Industries, Inc.(a)		138,471
	1,927	Embraer SA, ADR		109,666
	1,748	Euroseas, Ltd.		78,171
	229	GE Vernova, Inc.		121,175
	570	General Electric Co.		146,712
	525	Honeywell International, Inc.		122,262
	493	Howmet Aerospace, Inc.		91,762
	861	Huntington Ingalls Industries, Inc.		207,897
	572	L3Harris Technologies, Inc.		143,480
	650	MasTec, Inc.(a)		110,780
	1,215	RELX PLC, ADR		66,023
	1,149	Tecnoglass, Inc.		88,887
	1,249	Textron, Inc.		100,282
	1,931	Uber Technologies, Inc.(a)		180,162
				1,705,730
Information Technology — 12.7%
	393	Analog Devices, Inc.		93,542
	1,307	Apple, Inc.		268,158
	1,256	Applied Materials, Inc.		229,936
	261	ASML Holding NV		209,163
	298	Autodesk, Inc.(a)		92,252
	1,761	Broadcom, Inc.		485,420
	4,011	Cisco Systems, Inc.		278,283

Portfolio of Investments (continued)	June 30, 2025 (Unaudited)
Anydrus Advantage ETF

Shares			Fair Value ($)
Common Stocks — 39.7% (continued)
Information Technology — 12.7% (continued)
	2,134	Dell Technologies, Inc., Class C		261,628
	3,095	D-Wave Quantum, Inc.(a)		45,311
	860	Fortinet, Inc.(a)		90,919
	7,020	Hexagon AB, ADR		70,270
	284	KLA Corp.		254,390
	8,820	Materialise NV, ADR(a)		49,833
	3,669	Micron Technology, Inc.		452,204
	1,153	Microsoft Corp.		573,514
	269	Monolithic Power Systems, Inc.		196,741
	564	Nice, Ltd., ADR(a)		95,265
	3,669	NVIDIA Corp.		579,666
	701	NXP Semiconductors NV		153,161
	1,071	Oracle Corp.		234,153
	1,336	Palo Alto Networks, Inc.(a)		273,399
	24,498	Rezolve Ai PLC(a)		75,331
	1,186	Seagate Technology Holdings PLC		171,175
	86	ServiceNow, Inc.(a)		88,415
	1,551	Silicon Motion Technology Corp., ADR		116,589
	204	Snowflake, Inc., Class A(a)		45,649
	1,422	Taiwan Semiconductor Manufacturing Co., Ltd., ADR		322,069
	245	VeriSign, Inc.		70,756
				5,877,192
Materials — 1.6%
	3,385	Cia de Minas Buenaventura SAA, ADR		55,582
	6,681	Constellium SE(a)		88,857
	1,346	Crown Holdings, Inc.		138,611
	295	Linde PLC		138,408
	1,705	Newmont Corp.		99,333
	2,976	Ternium SA, ADR		89,578
	12,563	Vale SA, ADR		121,987
				732,356
Telecommunication Services — 0.1%
	6,935	Turkcell Iletisim Hizmetleri AS, ADR		41,957
Utilities — 0.8%
	1,981	Sempra		150,100
	382	Talen Energy Corp.(a)		111,074
	575	Vistra Corp.		111,441
				372,615
Total Common Stocks (Cost $16,502,592)				18,303,366
Exchange-Traded Funds — 58.9%
	10,380	Even Herd Long Short ETF		232,979
	40,093	Fidelity Emerging Markets Multifactor ETF		1,122,203
	22,625	Flexshares Developed Markets EX-US Quality Low Volatility Index Fund ETF		706,839
	13,716	Future Fund Long/Short ETF (The)		347,289
	34,437	iShares 1-3 Year International Treasury Bond ETF		2,636,497
	28,027	iShares Core International Aggregate Bond ETF		1,431,899
	16,796	iShares Core MSCI International Developed Markets ETF		1,277,168
	133,060	iShares iBonds Dec 2027 Term Treasury ETF		2,992,519
	131,807	iShares iBonds Dec 2028 Term Treasury ETF		2,947,205
	30,510	iShares International Select Dividend ETF		1,052,900
	17,316	iShares MSCI Brazil ETF		499,567
	8,196	iShares MSCI India ETF		456,353
	6,753	iShares MSCI Japan ETF		506,272
	12,478	iShares MSCI United Kingdom ETF		495,626
	3,637	JPMorgan Realty Income ETF		173,267

Portfolio of Investments (continued)	June 30, 2025 (Unaudited)
Anydrus Advantage ETF

Shares			Fair Value ($)
Exchange-Traded Funds — 58.9% (continued)
	38,217	NYLI Merger Arbitrage ETF		1,347,914
	22,899	Roundhill Bitcoin Covered Call Strategy ETF		1,068,009
	8,370	SPDR Bloomberg 1-3 Month T-Bill ETF		767,780
	25,970	SPDR Bloomberg International Corporate Bond ETF		846,362
	23,216	SPDR SSgA Multi-Asset Real Return ETF		675,353
	20,958	Vanguard FTSE All-World ex-US ETF		1,408,797
	44,750	Vanguard Intermediate-Term Treasury ETF		2,676,498
	20,566	Vanguard Long-Term Treasury ETF		1,154,164
	3,800	Virtus Reaves Utilities ETF		287,280
Total Exchange-Traded Funds (Cost $25,887,346)				27,110,740
Total Investments — 98.6% (Cost $42,389,938)				45,414,106
Other Assets in Excess of Liabilities — 1.4%				649,137
Net Assets — 100.0%				46,063,243

(a) Non-income producing security

ADR — American Depositary Receipt

ETF — Exchange-Traded Fund 

FTSE — Financial Times Stock Exchange 

MSCI — Morgan Stanley Capital International 

PLC — Public Limited Company 

SPDR — Standard & Poor's Depositary Receipts 

SSgA — State Street Global Advisors