NPORT-EX 2 376540SIMPLIFY033125.htm
Simplify
Enhanced
Income
ETF
Schedule
of
Investments
March
31,
2025
(Unaudited)
1
Principal
Value
U.S.
Treasury
Bills
–
101.0%
U.S.
Treasury
Bill,
4.32%,
4/10/2025
(a)
.......................................
$
154,700,000‌
$
154,535,921‌
U.S.
Treasury
Bill,
4.29%,
7/8/2025
(a)(b)
......................................
44,500,000‌
43,993,034‌
Total
U.S.
Treasury
Bills
(Cost
$198,528,384)
.......................................
198,528,955‌
Number
of
Contracts
Notional
Amount
Purchased
Options
–
1.3%
Calls
–
Exchange-Traded
–
0.6%
S&P
500
Index,
April
Strike
Price
$5,800,
Expires
4/04/25
...............
636
368,880,000‌
228,960‌
S&P
500
Index,
April
Strike
Price
$6,000,
Expires
4/04/25
...............
79
47,400,000‌
790‌
S&P
500
Index,
April
Strike
Price
$6,150,
Expires
4/11/25
...............
176
108,240,000‌
3,080‌
S&P
500
Index,
April
Strike
Price
$6,230,
Expires
4/11/25
...............
219
136,437,000‌
2,737‌
S&P
500
Index,
April
Strike
Price
$5,800,
Expires
4/17/25
...............
378
219,240,000‌
812,700‌
1,048,267‌
Puts
–
Exchange-Traded
–
0.7%
MicroStrategy,
Inc.,
April
Strike
Price
$190,
Expires
4/04/25(c)
............
430
8,170,000‌
10,535‌
MicroStrategy,
Inc.,
April
Strike
Price
$200,
Expires
4/04/25(c)
............
866
17,320,000‌
34,640‌
MicroStrategy,
Inc.,
April
Strike
Price
$230,
Expires
4/11/25(c)
............
423
9,729,000‌
125,420‌
Nasdaq
100
Index,
April
Strike
Price
$17,500,
Expires
4/04/25(c)
..........
21
36,750,000‌
11,550‌
Nasdaq
100
Index,
April
Strike
Price
$18,100,
Expires
4/04/25(c)
..........
20
36,200,000‌
48,200‌
Nasdaq
100
Index,
April
Strike
Price
$18,200,
Expires
4/09/25(c)
..........
21
38,220,000‌
138,180‌
Nasdaq
100
Index,
April
Strike
Price
$17,700,
Expires
4/11/25(c)
..........
21
37,170,000‌
87,780‌
Russell
2000
Index,
April
Strike
Price
$1,840,
Expires
4/03/25(c)
..........
231
42,504,000‌
4,620‌
Russell
2000
Index,
April
Strike
Price
$1,835,
Expires
4/04/25(c)
..........
217
39,819,500‌
20,615‌
Russell
2000
Index,
April
Strike
Price
$1,885,
Expires
4/04/25(c)
..........
216
40,716,000‌
52,920‌
S&P
500
Index,
April
Strike
Price
$5,325,
Expires
4/03/25(c)
.............
1,194
635,805,000‌
214,920‌
S&P
500
Index,
April
Strike
Price
$5,400,
Expires
4/03/25(c)
.............
587
316,980,000‌
228,930‌
S&P
500
Index,
April
Strike
Price
$5,150,
Expires
4/04/25(c)
.............
96
49,440,000‌
20,640‌
S&P
500
Index,
April
Strike
Price
$5,250,
Expires
4/04/25(c)
.............
94
49,350,000‌
32,900‌
S&P
500
Index,
April
Strike
Price
$5,300,
Expires
4/04/25(c)
.............
438
232,140,000‌
219,000‌
S&P
500
Index,
April
Strike
Price
$5,250,
Expires
4/09/25(c)
.............
76
39,900,000‌
60,420‌
S&P
500
Index,
April
Strike
Price
$5,175,
Expires
4/11/25(c)
.............
84
43,470,000‌
67,620‌
SPDR
Gold
Shares,
April
Strike
Price
$260,
Expires
4/03/25(c)
...........
2,124
55,224,000‌
4,248‌
SPDR
Gold
Shares,
April
Strike
Price
$256,
Expires
4/04/25(c)
...........
1,766
45,209,600‌
6,181‌
SPDR
Gold
Shares,
April
Strike
Price
$260,
Expires
4/09/25(c)
...........
2,307
59,982,000‌
18,456‌
1,407,775‌
Total
Purchased
Options
(Cost
$3,257,993)
...........................................
2,456,042‌
Shares
Money
Market
Funds
–
0.3%
Fidelity
Investments
Money
Market
Treasury
Only
Portfolio
-
Class
I,
4.15%(d)
(Cost
$676,118)
.........................................................
676,118
676,118‌
Simplify
Enhanced
Income
ETF
Schedule
of
Investments
(Continued)
March
31,
2025
(Unaudited)
2
Value
Total
Investments
–
102.6%
(Cost
$202,462,495)
...........................................................
$
201,661,115‌
Liabilities
in
Excess
of
Other
Assets
–
(2.6)%
.........................................
(5,030,736‌)
Net
Assets
–
100.0%
............................................................
$
196,630,379‌
Number
of
Contracts
Notional
Amount
Written
Options
–
(2.4)%
Puts
–
Exchange-Traded
–
(2.4)%
MicroStrategy,
Inc.,
April
Strike
Price
$240,
Expires
4/04/25
..............
(430)
$
(10,320,000‌)
$
(75,465‌)
MicroStrategy,
Inc.,
April
Strike
Price
$250,
Expires
4/04/25
..............
(866)
(21,650,000‌)
(225,160‌)
MicroStrategy,
Inc.,
April
Strike
Price
$280,
Expires
4/11/25
..............
(423)
(11,844,000‌)
(610,178‌)
Nasdaq
100
Index,
April
Strike
Price
$18,500,
Expires
4/04/25
............
(21)
(38,850,000‌)
(137,760‌)
Nasdaq
100
Index,
April
Strike
Price
$19,150,
Expires
4/04/25
............
(20)
(38,300,000‌)
(470,600‌)
Nasdaq
100
Index,
April
Strike
Price
$19,200,
Expires
4/09/25
............
(21)
(40,320,000‌)
(656,985‌)
Nasdaq
100
Index,
April
Strike
Price
$18,700,
Expires
4/11/25
............
(21)
(39,270,000‌)
(386,295‌)
Russell
2000
Index,
April
Strike
Price
$1,980,
Expires
4/03/25
............
(231)
(45,738,000‌)
(212,520‌)
Russell
2000
Index,
April
Strike
Price
$1,935,
Expires
4/04/25
............
(217)
(41,989,500‌)
(157,325‌)
Russell
2000
Index,
April
Strike
Price
$1,985,
Expires
4/04/25
............
(216)
(42,876,000‌)
(430,920‌)
S&P
500
Index,
April
Strike
Price
$5,275,
Expires
4/03/25
...............
(1,194)
(629,835,000‌)
(155,220‌)
S&P
500
Index,
April
Strike
Price
$5,300,
Expires
4/03/25
...............
(587)
(311,110,000‌)
(89,517‌)
S&P
500
Index,
April
Strike
Price
$5,200,
Expires
4/04/25
...............
(438)
(227,760,000‌)
(116,070‌)
S&P
500
Index,
April
Strike
Price
$5,375,
Expires
4/04/25
...............
(96)
(51,600,000‌)
(92,160‌)
S&P
500
Index,
April
Strike
Price
$5,475,
Expires
4/04/25
...............
(94)
(51,465,000‌)
(222,310‌)
S&P
500
Index,
April
Strike
Price
$5,525,
Expires
4/09/25
...............
(76)
(41,990,000‌)
(364,420‌)
S&P
500
Index,
April
Strike
Price
$5,425,
Expires
4/11/25
...............
(84)
(45,570,000‌)
(267,540‌)
SPDR
Gold
Shares,
April
Strike
Price
$270,
Expires
4/03/25
.............
(2,124)
(57,348,000‌)
(8,496‌)
SPDR
Gold
Shares,
April
Strike
Price
$268,
Expires
4/04/25
.............
(1,766)
(47,328,800‌)
(15,011‌)
SPDR
Gold
Shares,
April
Strike
Price
$269,
Expires
4/09/25
.............
(2,307)
(62,058,300‌)
(39,219‌)
(4,733,171‌)
Total
Written
Options
(Premiums
Received
$2,893,861)
.................................
$
(4,733,171‌)
(a)
Represents
a
zero
coupon
bond.
Rate
shown
reflects
the
effective
yield.
(b)
Securities
with
an
aggregate
market
value
of
$43,497,960
have
been
pledged
as
collateral
for
options
as
of
March
31,
2025.
(c)
Held
in
connection
with
Written
Options.
(d)
Rate
shown
reflects
the
7-day
yield
as
of
March
31,
2025.
Simplify
Enhanced
Income
ETF
Schedule
of
Investments
(Continued)
March
31,
2025
(Unaudited)
3
Summary
of
Investment
Type††
Investment
Categories
%
of
Net
Assets
U.S.
Treasury
Bills
.............................................................................
101.0‌%
Purchased
Options
............................................................................
1.3‌%
Money
Market
Funds
..........................................................................
0.3‌%
Total
Investments
.............................................................................
102.6‌%
Liabilities
in
Excess
of
Other
Assets
...............................................................
(2.6‌)%
Net
Assets
..................................................................................
100.0‌%
††
The
percentage
shown
for
each
investment
category
is
the
total
value
of
investments
in
that
category
as
a
percentage
of
the
net
assets
of
the
Fund.
The
table
depicts
the
Fund's
investments
but
may
not
represent
the
Fund's
market
exposure
to
certain
derivatives,
if
any,
which
are
included
in
Liabilities
in
Excess
of
Other
Assets.