NPORT-EX 2 MAM_-_PART_F_12.31.23.htm
Schedule
of
Investments
Macquarie
Energy
Transition
ETF
1
December
31,
2023
(Unaudited)
NQ-PWER
(1223)
0224
(3395476)
Number
of
shares
Value
(US
$)
Common
Stocks
—
98.99%
Chemicals
-
7.52%
Air
Products
&
Chemicals,
Inc.
563
$
154,149
CF
Industries
Holdings,
Inc.
3,359
267,041
421,190
Electrical
Equipment
-
11.28%
Fluence
Energy,
Inc.
†
1,337
31,888
Generac
Holdings,
Inc.
†
1,354
174,991
GrafTech
International
Ltd.
61,897
135,554
Net
Power,
Inc.
†
4,892
49,409
NuScale
Power
Corp.
†
18,265
60,092
Sunrun,
Inc.
†
9,141
179,438
631,372
Energy
Equipment
&
Services
-
5.45%
Baker
Hughes
Co.
4,501
153,844
Schlumberger
NV
2,911
151,489
305,333
Food
Products
-
3.43%
Darling
Ingredients,
Inc.
†
3,857
192,233
192,233
Independent
Power
and
Renewable
Electricity
Producers
-
0.61%
Spruce
Power
Holding
Corp.
†
7,673
33,915
33,915
Metals
&
Mining
-
28.62%
Alcoa
Corp.
7,754
263,636
Anglo
American
plc
4,809
120,794
ERO
Copper
Corp.
†
12,451
196,859
Foran
Mining
Corp.
†
11,530
33,936
Freeport-McMoRan,
Inc.
5,569
237,072
Hudbay
Minerals,
Inc.
46,364
255,080
Lifezone
Metals
Ltd.
†
2,919
26,388
MP
Materials
Corp.
†
12,973
257,514
2
NQ-PWER
(1223)
0224
(3395476)
Number
of
shares
Value
(US
$)
Common
Stocks
(continued)
Metals
&
Mining
(continued)
Wheaton
Precious
Metals
Corp.
4,281
$
211,224
1,602,503
Oil,
Gas
&
Consumable
Fuels
-
29.99%
Cameco
Corp.
1,125
48,487
Centrus
Energy
Corp.,
Class
A
†
995
54,138
Chesapeake
Energy
Corp.
1,875
144,263
Chord
Energy
Corp.
318
52,861
ConocoPhillips
1,366
158,552
EOG
Resources,
Inc.
416
50,315
EQT
Corp.
3,800
146,908
Equinor
ASA
ADR
4,664
147,569
Marathon
Petroleum
Corp.
1,256
186,340
NAC
Kazatomprom
JSC
GDR
1,248
51,043
Occidental
Petroleum
Corp.
895
53,440
Shell
plc
ADR
3,873
254,843
Tourmaline
Oil
Corp.
3,147
141,527
Valero
Energy
Corp.
1,456
189,280
1,679,566
Semiconductors
&
Semiconductor
Equipment
-
12.09%
Enphase
Energy,
Inc.
†
1,566
206,931
First
Solar,
Inc.
†
1,647
283,745
SolarEdge
Technologies,
Inc.
†
1,990
186,264
676,940
Total
Common
Stocks
(cost
$5,046,962)
5,543,052
Investment
Companies
—
1.01%
Sprott
Physical
Uranium
Trust
2,650
56,518
Total
Investment
Companies
(cost
$51,335)
56,518
Schedule
of
Investments
Macquarie
Energy
Transition
ETF
3
NQ-PWER
(1223)
0224
(3395476)
Number
of
shares
Value
(US
$)
Short-Term
Investments
—
0.02%
Money
Market
Mutual
Funds
-
0.02%
JPMorgan
U.S.
Government
Money
Market
Fund
—
Class
Morgan
(seven-day
effective
yield
4.84%)
1,298
$
1,298
Total
Short-Term
Investments
(Cost
$1,298)
1,298
Total
Value
of
Securities
—
100.02%
        (cost
$5,099,595)
5,600,868
Liabilities
Net
of
Receivables
and
Other
Assets
—
(0.02%)
(1,329)
Net
Assets
Applicable
to
204,000
Shares
Outstanding
—
100.00%
$5,599,539
†
Non-income
producing
security.
Summary
of
abbreviations:
ADR
–
American
Depositary
Receipt
GDR
–
Global
Depositary
Receipt
JSC
–
Joint
Stock
Company
Schedule
of
Investments
Macquarie
Global
Listed
Infrastructure
ETF
4
December
31,
2023
(Unaudited)
NQ-BILD
(1223)
0224
(3395502)
Number
of
shares
Value
(US
$)
Common
Stocks
—
99.79%
Δ
Australia
-
6.79%
APA
Group
31,896
$
185,621
Transurban
Group
17,848
166,748
352,369
Canada
-
6.35%
Canadian
National
Railway
Co.
1,336
167,926
Hydro
One
Ltd.
144A
#
5,384
161,311
329,237
Denmark
-
5.26%
Orsted
A/S
144A
#
4,920
272,714
272,714
France
-
3.00%
Vinci
SA
1,240
155,644
155,644
Italy
-
14.53%
Enav
SpA
144A
#
55,232
209,504
Enel
SpA
17,768
132,009
Snam
SpA
45,104
231,784
Terna
-
Rete
Elettrica
Nazionale
21,648
180,528
753,825
Japan
-
6.37%
East
Japan
Railway
Co.
4,000
230,610
West
Japan
Railway
Co.
2,400
100,102
330,712
New
Zealand
-
3.34%
Auckland
International
Airport
Ltd.
31,160
173,341
173,341
Spain
-
3.56%
Cellnex
Telecom
SA
144A
#
4,696
184,867
184,867
Switzerland
-
3.80%
Flughafen
Zurich
AG
944
197,095
197,095
United
Kingdom
-
18.55%
Pennon
Group
plc
15,720
150,582
Severn
Trent
plc
9,528
313,216
5
NQ-BILD
(1223)
0224
(3395502)
Number
of
shares
Value
(US
$)
Common
Stocks
(continued)
United
Kingdom
(continued)
SSE
plc
10,856
$
256,826
United
Utilities
Group
plc
17,896
241,684
962,308
United
States
-
28.24%
CMS
Energy
Corp.
2,616
151,911
Crown
Castle,
Inc.
2,096
241,438
Essential
Utilities,
Inc.
6,376
238,144
Eversource
Energy
2,960
182,691
Exelon
Corp.
5,096
182,946
NextEra
Energy,
Inc.
4,784
290,580
Sempra
2,376
177,559
1,465,269
Total
Common
Stocks
(cost
$4,986,075)
5,177,381
Total
Value
of
Securities
—
99.79%
      (cost
$4,986,075)
5,177,381
Receivables
and
Other
Assets
Net
of
Liabilities
—
0.21%
10,727
Net
Assets
Applicable
to
200,000
Shares
Outstanding
—
100.00%
$5,188,108
Δ
Securities
have
been
classified
by
country
of
risk.
#
Security
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
At
December
31,
2023,
the
aggregate
value
of
Rule
144A
securities
was
$828,396,
which
represents
15.97%
of
the
Fund's
net
assets.
Summary
of
abbreviations:
AG
–
Aktiengesellschaft
REIT
–
Real
Estate
Investment
Trust
SPA
–
Stand-by
Purchase
Agreement
Schedule
of
Investments
Macquarie
Tax-Free
USA
Short
Term
ETF
6
December
31,
2023
(Unaudited)
NQ-STAX
(1223)
0224
(3395511)
Principal
amount
°
Value
(US
$)
Municipal
Bonds
  —
98.12%
Building
Revenue
Bonds
-
2.16%
California
State
Public
Works
Board
Series
2013I  5.50%
11/1/30
110,000
$
110,000
110,000
Education
Certificates
of
Participation
-
4.04%
Minneapolis
Special
School
District
No.
1
Series
2020A  5.00%
4/1/25
200,000
205,315
205,315
Education
General
Obligation
Bonds
-
4.53%
State
of
Texas
(College
Student
Loan)
Series
2018  5.00%
8/1/26
(AMT)
220,000
230,437
230,437
Education
Revenue
Bonds
-
14.29%
Arizona
Industrial
Development
Authority
Series
2022A  5.00%
11/1/28
125,000
136,406
Colorado
Educational
&
Cultural
Facilities
Authority
Series
2014  4.50%
11/1/29
200,000
200,484
Montgomery
County
Higher
Education
and
Health
Authority
(Thomas
Jefferson
University
Project)
Series
2019  5.00%
9/1/29
125,000
136,954
Pennsylvania
Higher
Educational
Facilities
Authority
(Trustees
University)
Series
2016A  5.00%
8/15/27
140,000
148,310
Pennsylvania
State
University
(The)
Series
2015B  5.00%
9/1/25
100,000
103,861
726,015
General
Purpose
General
Obligation
Bonds
-
5.66%
District
of
Columbia
Series
2019A  5.00%
10/15/25
195,000
203,189
State
of
New
Jersey
(Covid-19
General
Obligation
Emergency
Bonds)
Series
2020A  5.00%
6/1/29
75,000
84,673
287,862
7
NQ-STAX
(1223)
0224
(3395511)
Principal
amount
°
Value
(US
$)
Municipal
Bonds
(continued)
Health
Revenue
Bonds
-
15.82%
Augusta
Development
Authority
(AU
Health
System,
Inc.
Project)
Series
2018  5.00%
7/1/28
135,000
$
145,720
Charlotte-Mecklenburg
Hospital
Authority
(The)
(Carolinas
HealthCare
System)
Series
2016A  5.00%
1/15/24
115,000
115,055
Colorado
Health
Facilities
Authority
(Valley
View
Hospital
Association
Project)
Series
2017A  5.00%
5/15/27
150,000
158,947
Series
2019A-1  5.00%
8/1/29
110,000
120,088
Cumberland
County
Municipal
Authority
Series
2019  5.00%
11/1/27
145,000
155,993
Washington
Health
Care
Facilities
Authority
(
CommonSpirit
Health)
Series
2019A-2  5.00%
8/1/28
100,000
107,917
803,720
Tax-Revenue
Revenue
Bonds
-
6.00%
Central
Puget
Sound
Regional
Transit
Authority
Series
2015S-1  5.00%
11/1/25
100,000
104,208
New
York
State
Urban
Development
Corp.
Series
2014A  5.00%
3/15/29
200,000
200,754
304,962
Transportation
Revenue
Bonds
-
18.28%
City
&
County
of
Denver
Series
2022D  5.25%
11/15/26
(AMT)
120,000
126,987
City
of
Los
Angeles
Department
of
Airports
(Senior
Revenue)
Series
2015A  5.00%
5/15/28
(AMT)
135,000
137,637
County
of
Clark
Department
of
Aviation
Series
2019A  5.00%
7/1/24
100,000
100,987
New
Jersey
Transportation
Trust
Fund
Authority
(Transportation
Program)
Series
2014AA  5.00%
6/15/26
200,000
201,234
North
Texas
Tollway
Authority
(System
1st
Tier)
Series
2014A  5.00%
1/1/25
200,000
200,615
Schedule
of
Investments
Macquarie
Tax-Free
USA
Short
Term
ETF
8
NQ-STAX
(1223)
0224
(3395511)
Principal
amount
°
Value
(US
$)
Municipal
Bonds
(continued)
Transportation
Revenue
Bonds
(continued)
Triborough
Bridge
&
Tunnel
Authority
Series
2021A  5.00%
11/1/25
155,000
$
161,494
928,954
Utility
Revenue
Bonds
-
19.14%
City
of
Chaska
Series
2015A  5.00%
10/1/28
155,000
160,830
City
of
Chicago
Series
2004  5.00%
11/1/26
235,000
248,907
New
York
City
Municipal
Water
Finance
Authority
Series
2022,
Sub
Series
BB-2  5.00%
6/15/27
245,000
255,868
Pittsburgh
Water
&
Sewer
Authority
Series
2017A  5.00%
9/1/29
(AGM)
185,000
201,155
Utility
Debt
Securitization
Authority
Series
2016A  5.00%
6/15/28
100,000
105,924
972,684
Various
Purpose
General
Obligation
Bonds
-
8.20%
Commonwealth
of
Pennsylvania
Series
2017  5.00%
1/1/25
200,000
204,410
State
of
Connecticut
Series
2020E  5.00%
9/15/28
190,000
212,245
416,655
Total
Municipal
Bonds
(cost
$4,924,776)
4,986,604
Total
Value
of
Securities
—
98.12%
        (cost
$4,924,776)
4,986,604
Receivables
and
Other
Assets
Net
of
Liabilities
—
1.88%
95,396
Net
Assets
Applicable
to
200,000
Shares
Outstanding
—
100.00%
$5,082,000
°
Principal
amount
shown
is
stated
in
USD
unless
noted
that
the
security
is
denominated
in
another
currency.
Summary
of
abbreviations:
AGM
–
Insured
by
Assured
Guaranty
Municipal
Corporation
AMT
–
Subject
to
Alternative
Minimum
Tax