0002000324-24-000224.txt : 20240129 0002000324-24-000224.hdr.sgml : 20240129 20240129154602 ACCESSION NUMBER: 0002000324-24-000224 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231130 FILED AS OF DATE: 20240129 DATE AS OF CHANGE: 20240129 PERIOD START: 20240831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Tidal ETF Trust CENTRAL INDEX KEY: 0001742912 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-23377 FILM NUMBER: 24573385 BUSINESS ADDRESS: STREET 1: 234 WEST FLORIDA STREET, SUITE 203 CITY: MILWAUKEE, STATE: WI ZIP: 53204 BUSINESS PHONE: 844-986-7676 MAIL ADDRESS: STREET 1: 234 WEST FLORIDA STREET, SUITE 203 CITY: MILWAUKEE, STATE: WI ZIP: 53204 0001742912 S000077333 Unlimited HFND Multi-Strategy Return Tracker ETF C000237694 Unlimited HFND Multi-Strategy Return Tracker ETF HFND NPORT-P 1 primary_doc.xml NPORT-P false 0001742912 XXXXXXXX S000077333 C000237694 Tidal ETF Trust 811-23377 0001742912 549300VTYHP8U2332C46 234 West Florida Street Suite 203 Milwaukee 53204 8449867676 Unlimited Hfnd Multi-strategy Return Tracker ETF S000077333 549300VSZ0XMYXPWVK70 2024-08-31 2023-11-30 N 47740483.23 5678295.79 42062187.44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N First American Government Obli 549300R5MYM6VZF1RM44 First American Government Obligations Fund 31846V336 22757348.1 NS USD 22757348.1 54.10405279673682 Long STIV RF US N 1 N N N INVESCO CURRENCYSHARES CDN DLR CDN DLR SHS N/A INVESCO CURRENCYSHARES CDN DLR CDN DLR SHS 46138T104 7264 NS USD 524242.88 1.2463519182111278 Long EC RF US N 1 N N N Invesco CurrencyShares Japanes 5493003KFLKC801EII42 Invesco CurrencyShares Japanese Yen Trust 46138W107 -9672 NS USD -605660.64 -1.4399171247666336 Short EC RF US N 1 N N N Invesco DB Agriculture Fund 549300CW37D800HX4P40 Invesco DB Agriculture Fund 46140H106 26161 NS USD 582867.08 1.3857269806317996 Long EC RF US N 1 N N N Invesco Senior Loan ETF 549300SIHU6DQELRNG59 Invesco Senior Loan ETF 46138G508 134143 NS USD 2803588.7 6.665342129434437 Long EC RF US N 1 N N N iShares Convertible Bond ETF 5493009GXGY863LN1X56 iShares Convertible Bond ETF 46435G102 22287 NS USD 1657707.06 3.9410861890258366 Long EC RF US N 1 N N N ISHARES INC MSCI AUSTRALIA N/A ISHARES INC MSCI AUSTRALIA 464286103 65828 NS USD 1477838.6 3.513461115421248 Long EC RF US N 1 N N N iShares J.P. Morgan EM High Yi 549300DZF05WBBY0EZ78 iShares J.P. Morgan EM High Yield Bond ETF 464286285 34805 NS USD 1228790.53 2.9213662074822424 Long EC RF US N 1 N N N iShares MSCI Japan ETF 5493008I6YRUC6I0S051 iShares MSCI Japan ETF 46434G822 22765 NS USD 1425316.65 3.388593738813884 Long EC RF US N 1 N N N ISHARES U S ETF TR IT RT HDG HGYL N/A ISHARES U S ETF TR IT RT HDG HGYL 46431W606 65349 NS USD 5493236.94 13.059798537191819 Long EC RF US N 1 N N N Materials Select Sector SPDR F 549300N81BAQ1XPGBT65 Materials Select Sector SPDR Fund 81369Y100 5499 NS USD 453172.59 1.077387120311877 Long EC RF US N 1 N N N PROSHARES TR INVT INT RT HG N/A PROSHARES TR INVT INT RT HG 74347B607 15651 NS USD 1189632.51 2.8282706687496044 Long EC RF US N 1 N N N Vanguard FTSE Emerging Markets N/A Vanguard FTSE Emerging Markets ETF 922042858 38048 NS USD 1545890.24 3.675249277525449 Long EC RF US N 1 N N N VANGUARD INDEX FDS MID CAP ETF N/A VANGUARD INDEX FDS MID CAP ETF 922908629 7934 NS USD 1731674.84 4.116939573031393 Long EC RF US N 1 N N N VANGUARD INTL EQUITY INDEX FDS TT WRLD ST ETF N/A VANGUARD INTL EQUITY INDEX FDS TT WRLD ST ETF 922042742 42952 NS USD 4235496.72 10.069606403712987 Long EC RF US N 1 N N N Vanguard Long-Term Treasury ET N/A Vanguard Long-Term Treasury ETF 92206C847 -16776 NS USD -959754.96 -2.2817523728861024 Short EC RF US N 1 N N N WISDOMTREE TR BLMBG US BULL N/A WISDOMTREE TR BLMBG US BULL 97717W471 19926 NS USD 543780.54 1.292801380754819 Long EC RF US N 1 N N N 2024-01-26 Tidal ETF Trust /s/ Aaron Perkovich Aaron Perkovich Treasurer/Principal Financial XXXX NPORT-EX 2 hfnd.htm SCHEDULE OF INVESTMENTS

Unlimited HFND Multi-Strategy Return Tracker ETF
  
Schedule of Investments
  
as of November 30, 2023 (Unaudited)
  
   
EXCHANGE TRADED FUNDS - 59.2%
  
Shares
    
Value
  
Invesco CurrencyShares Canadian Dollar Trust(a)
    
7,264
    
$
524,243
  
Invesco DB Agriculture Fund
    
26,161
      
582,867
  
Invesco Senior Loan ETF(a)
    
134,143
      
2,803,588
  
iShares Convertible Bond ETF(a)
    
22,287
      
1,657,707
  
iShares Interest Rate Hedged High Yield Bond ETF
    
65,349
      
5,493,236
  
iShares J.P. Morgan EM High Yield Bond ETF(a)
    
34,805
      
1,228,791
  
iShares MSCI Australia ETF(a)
    
65,828
      
1,477,839
  
iShares MSCI Japan ETF
    
22,765
      
1,425,317
  
Materials Select Sector SPDR Fund
    
5,499
      
453,173
  
ProShares Investment Grade-Interest Rate Hedged ETF
    
15,651
      
1,189,633
  
Vanguard FTSE Emerging Markets ETF(a)
    
38,048
      
1,545,890
  
Vanguard Mid-Cap ETF(a)
    
7,934
      
1,731,675
  
Vanguard Total World Stock ETF(a)
    
42,952
      
4,235,496
  
WisdomTree Bloomberg U.S. Dollar Bullish Fund
    
19,926
      
543,781
  
TOTAL EXCHANGE TRADED FUNDS (Cost $24,087,920)
      
24,893,236
  
                 
SHORT-TERM INVESTMENTS - 54.1%
                
Money Market Funds - 54.1%
                
First American Government Obligations Fund - Class X, 5.29%(b)
    
22,757,348
      
22,757,348
  
TOTAL SHORT-TERM INVESTMENTS (Cost $22,757,348)
      
22,757,348
  
                 
TOTAL INVESTMENTS - 113.3% (Cost $46,845,268)
    
$
47,650,584
  
Liabilities in Excess of Other Assets - (13.3)%
      
(5,588,396
)
TOTAL NET ASSETS - 100.0%
          
$
42,062,188
  
                 
Percentages are stated as a percent of net assets.
          

(a)
All or a portion of security has been pledged as collateral for open securities sold short. The total value of assets committed as collateral as of November 30, 2023 is $8,915,570.
(b)
The rate shown represents the annualized seven-day effective yield as of November 30, 2023.
Unlimited HFND Multi-Strategy Return Tracker ETF
  
Schedule of Securities Sold Short
  
as of November 30, 2023 (Unaudited)
  
         
EXCHANGE TRADED FUNDS - (3.7)%
  
Shares
    
Value
  
Invesco CurrencyShares Japanese Yen Trust
    
(9,672
)
  
$
(605,661
)
Vanguard Long-Term Treasury ETF
    
(16,776
)
    
(959,755
)
TOTAL EXCHANGE TRADED FUNDS (Proceeds $1,783,103)
            
(1,565,416
)
                 
TOTAL SECURITIES SOLD SHORT (Proceeds $1,783,103)
          
$
(1,565,416
)
Summary of Fair Value Exposure at November 30, 2023 (Unaudited)

The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are:

• Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
• Level 2 — Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment spreads, credit risk, yield curves, default rates and similar data.
• Level 3 — Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The following is a summary of the inputs used to value the Fund's investments as of November 30, 2023:

  
   
Unlimited HFND Multi-Strategy Return Tracker ETF
  
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Exchange Traded Funds
  
$
24,893,236
    
$
–
    
$
–
    
$
24,893,236
  
  Money Market Funds
    
22,757,348
      
–
      
–
      
22,757,348
  
Total Investments
  
$
47,650,584
    
$
–
    
$
–
    
$
47,650,584
  
                                 
Investments Sold Short:
                                
  Exchange Traded Funds
  
$
(1,565,416
)
  
$
–
    
$
–
    
$
(1,565,416
)
Total Investments Sold Short
  
$
(1,565,416
)
  
$
–
    
$
–
    
$
(1,565,416
)