NPORT-EX 2 1007406SIMPLIFY033125.htm
Simplify
US
Small
Cap
PLUS
Income
ETF
Schedule
of
Investments
March
31,
2025
(Unaudited)
1
Shares
Value
U.S.
Exchange-Traded
Funds
–
99.9%
Equity
Funds
–
99.9%
iShares
Core
S&P
Small-Cap
ETF(a)
(Cost
$2,894,063)
.......................................................
23,346
$
2,441,291‌
Number
of
Contracts
Notional
Amount
Purchased
Options
–
1.0%
Calls
–
Exchange-Traded
–
0.4%
S&P
500
Index,
April
Strike
Price
$5,800,
Expires
4/04/25
...............
8
$
4,640,000‌
2,880‌
S&P
500
Index,
April
Strike
Price
$6,150,
Expires
4/11/25
...............
2
1,230,000‌
35‌
S&P
500
Index,
April
Strike
Price
$6,230,
Expires
4/11/25
...............
2
1,246,000‌
25‌
S&P
500
Index,
April
Strike
Price
$5,800,
Expires
4/17/25
...............
4
2,320,000‌
8,600‌
11,540‌
Puts
–
Exchange-Traded
–
0.6%
MicroStrategy,
Inc.,
April
Strike
Price
$190,
Expires
4/04/25(b)
............
5
95,000‌
122‌
MicroStrategy,
Inc.,
April
Strike
Price
$200,
Expires
4/04/25(b)
............
10
200,000‌
400‌
MicroStrategy,
Inc.,
April
Strike
Price
$230,
Expires
4/11/25(b)
............
5
115,000‌
1,483‌
Russell
2000
Index,
April
Strike
Price
$1,840,
Expires
4/03/25(b)
..........
3
552,000‌
60‌
Russell
2000
Index,
April
Strike
Price
$1,835,
Expires
4/04/25(b)
..........
4
734,000‌
380‌
Russell
2000
Index,
April
Strike
Price
$1,885,
Expires
4/04/25(b)
..........
3
565,500‌
735‌
S&P
500
Index,
April
Strike
Price
$5,325,
Expires
4/03/25(b)
.............
15
7,987,500‌
2,700‌
S&P
500
Index,
April
Strike
Price
$5,400,
Expires
4/03/25(b)
.............
7
3,780,000‌
2,730‌
S&P
500
Index,
April
Strike
Price
$5,150,
Expires
4/04/25(b)
.............
1
515,000‌
215‌
S&P
500
Index,
April
Strike
Price
$5,250,
Expires
4/04/25(b)
.............
1
525,000‌
350‌
S&P
500
Index,
April
Strike
Price
$5,300,
Expires
4/04/25(b)
.............
6
3,180,000‌
3,000‌
S&P
500
Index,
April
Strike
Price
$5,250,
Expires
4/09/25(b)
.............
1
525,000‌
795‌
S&P
500
Index,
April
Strike
Price
$5,175,
Expires
4/11/25(b)
.............
1
517,500‌
805‌
SPDR
Gold
Shares,
April
Strike
Price
$260,
Expires
4/03/25(b)
...........
25
650,000‌
50‌
SPDR
Gold
Shares,
April
Strike
Price
$256,
Expires
4/04/25(b)
...........
21
537,600‌
73‌
SPDR
Gold
Shares,
April
Strike
Price
$260,
Expires
4/09/25(b)
...........
29
754,000‌
232‌
14,130‌
Total
Purchased
Options
(Cost
$33,923)
.............................................
25,670‌
Shares
Money
Market
Funds
–
0.1%
Fidelity
Investments
Money
Market
Treasury
Only
Portfolio
-
Class
I,
4.15%(c)
(Cost
$2,940)
...........................................................
2,940
2,940‌
Total
Investments
–
101.0%
(Cost
$2,930,926)
.............................................................
$
2,469,901‌
Liabilities
in
Excess
of
Other
Assets
–
(1.0)%
.........................................
(25,289‌)
Net
Assets
–
100.0%
............................................................
$
2,444,612‌
Simplify
US
Small
Cap
PLUS
Income
ETF
Schedule
of
Investments
(Continued)
March
31,
2025
(Unaudited)
2
Number
of
Contracts
Notional
Amount
Value
Written
Options
–
(1.6)%
Puts
–
Exchange-Traded
–
(1.6)%
MicroStrategy,
Inc.,
April
Strike
Price
$240,
Expires
4/04/25
..............
(5)
$
(120,000‌)
$
(877‌)
MicroStrategy,
Inc.,
April
Strike
Price
$250,
Expires
4/04/25
..............
(10)
(250,000‌)
(2,600‌)
MicroStrategy,
Inc.,
April
Strike
Price
$280,
Expires
4/11/25
..............
(5)
(140,000‌)
(7,213‌)
Russell
2000
Index,
April
Strike
Price
$1,980,
Expires
4/03/25
............
(3)
(594,000‌)
(2,760‌)
Russell
2000
Index,
April
Strike
Price
$1,935,
Expires
4/04/25
............
(4)
(774,000‌)
(2,900‌)
Russell
2000
Index,
April
Strike
Price
$1,985,
Expires
4/04/25
............
(3)
(595,500‌)
(5,985‌)
S&P
500
Index,
April
Strike
Price
$5,275,
Expires
4/03/25
...............
(15)
(7,912,500‌)
(1,950‌)
S&P
500
Index,
April
Strike
Price
$5,300,
Expires
4/03/25
...............
(7)
(3,710,000‌)
(1,068‌)
S&P
500
Index,
April
Strike
Price
$5,200,
Expires
4/04/25
...............
(6)
(3,120,000‌)
(1,590‌)
S&P
500
Index,
April
Strike
Price
$5,375,
Expires
4/04/25
...............
(1)
(537,500‌)
(960‌)
S&P
500
Index,
April
Strike
Price
$5,475,
Expires
4/04/25
...............
(1)
(547,500‌)
(2,365‌)
S&P
500
Index,
April
Strike
Price
$5,525,
Expires
4/09/25
...............
(1)
(552,500‌)
(4,795‌)
S&P
500
Index,
April
Strike
Price
$5,425,
Expires
4/11/25
...............
(1)
(542,500‌)
(3,185‌)
SPDR
Gold
Shares,
April
Strike
Price
$270,
Expires
4/03/25
.............
(25)
(675,000‌)
(100‌)
SPDR
Gold
Shares,
April
Strike
Price
$268,
Expires
4/04/25
.............
(21)
(562,800‌)
(178‌)
SPDR
Gold
Shares,
April
Strike
Price
$269,
Expires
4/09/25
.............
(29)
(780,100‌)
(493‌)
(39,019‌)
Total
Written
Options
(Premiums
Received
$29,117)
....................................
$
(39,019‌)
(a)
A
copy
of
the
security's
annual
report
to
shareholders
may
be
obtained
without
charge
at
www.ishares.com.
(b)
Held
in
connection
with
Written
Options.
(c)
Rate
shown
reflects
the
7-day
yield
as
of
March
31,
2025.
Summary
of
Investment
Type††
Investment
Categories
%
of
Net
Assets
U.S.
Exchange-Traded
Funds
....................................................................
99.9‌%
Purchased
Options
............................................................................
1.0‌%
Money
Market
Funds
..........................................................................
0.1‌%
Total
Investments
.............................................................................
101.0‌%
Liabilities
in
Excess
of
Other
Assets
...............................................................
(1.0‌)%
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.