NPORT-EX 2 MAM_Part_F_6.30.24_Edgar.htm PART F
Schedule
of
investments
Macquarie
Energy
Transition
ETF
1
June
30,
2024
(Unaudited)
NQ-PWER
(0624)
0824
(3759461)
Number
of
shares
Value
(US
$)
Common
Stocks
—
97
.42
%
Agricultural
Products
-
2
.57
%
Darling
Ingredients,
Inc.
†
4,464
$
164,052‌
164,052‌
Aluminum
-
4
.68
%
Alcoa
Corp.
7,493
298,072‌
298,072‌
Coal
&
Consumable
Fuels
-
1
.33
%
Cameco
Corp.
586
28,831‌
Centrus
Energy
Corp.,
Class
A
†
708
30,267‌
NAC
Kazatomprom
JSC
GDR
639
25,560‌
84,658‌
Copper
-
7
.21
%
ERO
Copper
Corp.
†
12,307
263,044‌
Freeport-McMoRan,
Inc.
4,042
196,441‌
459,485‌
Diversified
Metals
&
Mining
-
14
.21
%
Anglo
American
plc
8,173
258,494‌
Foran
Mining
Corp.
†
12,943
37,087‌
Hudbay
Minerals,
Inc.
39,594
358,300‌
Lifezone
Metals
Ltd.
†
4,139
31,788‌
MP
Materials
Corp.
†
17,267
219,809‌
905,478‌
Electrical
Components
&
Equipment
-
6
.67
%
Fluence
Energy,
Inc.
†
2,947
51,101‌
Generac
Holdings,
Inc.
†
1,520
200,974‌
Sunrun,
Inc.
†
14,586
172,990‌
425,065‌
Fertilizers
&
Agricultural
Chemicals
-
5
.04
%
CF
Industries
Holdings,
Inc.
4,330
320,940‌
320,940‌
Gold
-
4
.05
%
Wheaton
Precious
Metals
Corp.
4,918
257,802‌
257,802‌
Heavy
Electrical
Equipment
-
0
.97
%
Net
Power,
Inc.
†
6,269
61,624‌
61,624‌
Industrial
Gases
-
3
.18
%
Air
Products
&
Chemicals,
Inc.
786
202,827‌
202,827‌
Integrated
Oil
&
Gas
-
7
.27
%
Equinor
ASA
ADR
2,375
67,830‌
Occidental
Petroleum
Corp.
1,093
68,892‌
Schedule
of
investments
Macquarie
Energy
Transition
ETF
2
NQ-PWER
(0624)
0824
(3759461)
Number
of
shares
Value
(US
$)
Common
Stocks
(continued)
Integrated
Oil
&
Gas
(continued)
Shell
plc
ADR
4,525
$
326,614‌
463,336‌
Oil
&
Gas
Equipment
&
Services
-
7
.65
%
Baker
Hughes
Co.,
Class
A
6,587
231,665‌
Schlumberger
NV
5,422
255,810‌
487,475‌
Oil
&
Gas
Exploration
&
Production
-
18
.41
%
ARC
Resources
Ltd.
5,344
95,353‌
Chesapeake
Energy
Corp.
2,024
166,353‌
Chord
Energy
Corp.
743
124,586‌
ConocoPhillips
1,793
205,082‌
EOG
Resources,
Inc.
547
68,851‌
EQT
Corp.
5,147
190,336‌
Permian
Resources
Corp.,
Class
A
8,374
135,240‌
Tourmaline
Oil
Corp.
4,139
187,731‌
1,173,532‌
Oil
&
Gas
Refining
&
Marketing
-
4
.69
%
Marathon
Petroleum
Corp.
827
143,468‌
Valero
Energy
Corp.
993
155,663‌
299,131‌
Renewable
Electricity
-
0
.70
%
Spruce
Power
Holding
Corp.
†
12,238
44,669‌
44,669‌
Semiconductor
Equipment
-
2
.11
%
Enphase
Energy,
Inc.
†
1,350
134,609‌
134,609‌
Semiconductors
-
5
.76
%
First
Solar,
Inc.
†
1,628
367,049‌
367,049‌
Steel
-
0
.92
%
Metallus,
Inc.
†
2,905
58,884‌
58,884‌
Total
Common
Stocks
(cost
$5,661,291)
6,208,688‌
Investment
Companies
—
2
.21
%
Sprott
Physical
Uranium
Trust
7,614
141,143‌
Total
Investment
Companies
(cost
$165,639)
141,143‌
3
NQ-PWER
(0624)
0824
(3759461)
Number
of
shares
Value
(US
$)
Short-Term
Investments
—
0
.32
%
Money
Market
Mutual
Funds
-
0
.32
%
JPMorgan
U.S.
Government
Money
Market
Fund
—
Class
Morgan
(seven-day
effective
yield
4.80%)
20,273
$
20,273‌
Total
Short-Term
Investments
(Cost
$20,273)
20,273‌
Total
Value
of
Securities
—
99.95%
        (cost
$5,847,203)
6,370,104‌
Receivables
and
Other
Assets
Net
of
Liabilities
—
0.05%
3,238‌
Net
Assets
Applicable
to
229,000
Shares
Outstanding
—
100.00%
$
6,373,342‌
†
Non-income
producing
security.
Summary
of
abbreviations:
ADR
–
American
Depositary
Receipt
GDR
–
Global
Depositary
Receipt
JSC
–
Joint
Stock
Company
Schedule
of
investments
Macquarie
Focused
Large
Growth
ETF
4
June
30,
2024
(Unaudited)
NQ-LRGG
(0624)
0824
(3760195)
Number
of
shares
Value
(US
$)
Common
Stocks
—
98
.88
%
^
Communication
Services
-
9
.07
%
Alphabet,
Inc.,
Class
C
4,500
$
825,390
Electronic
Arts,
Inc.
1,800
250,794
1,076,184
Consumer
Discretionary
-
12
.18
%
Amazon.com,
Inc.
†
4,410
852,232
Ferrari
NV
810
330,780
LVMH
Moet
Hennessy
Louis
Vuitton
SE
ADR
1,710
262,229
1,445,241
Consumer
Staples
-
3
.14
%
Coca-Cola
Co.
(The)
5,850
372,353
372,353
Financials
-
12
.12
%
Intercontinental
Exchange,
Inc.
2,520
344,963
MSCI,
Inc.,
Class
A
360
173,430
S&P
Global,
Inc.
630
280,980
Visa,
Inc.,
Class
A
2,430
637,802
1,437,175
Healthcare
-
7
.28
%
Danaher
Corp.
1,440
359,784
UnitedHealth
Group,
Inc.
990
504,167
863,951
Industrials
-
3
.99
%
Waste
Connections,
Inc.
2,700
473,472
473,472
Information
Technology
-
47
.61
%
Apple,
Inc.
4,140
871,967
Intuit,
Inc.
810
532,340
Microsoft
Corp.
3,780
1,689,471
Motorola
Solutions,
Inc.
1,260
486,423
NVIDIA
Corp.
9,900
1,223,046
Synopsys,
Inc.
†
720
428,443
VeriSign,
Inc.
†
2,340
416,052
5,647,742
Real
Estate
-
3
.49
%
CoStar
Group,
Inc.
†
5,580
413,701
413,701
Total
Common
Stocks
(cost
$11,352,242)
11,729,819
5
NQ-LRGG
(0624)
0824
(3760195)
Number
of
shares
Value
(US
$)
Short-Term
Investments
—
1
.11
%
Money
Market
Mutual
Funds
-
1
.11
%
JPMorgan
U.S.
Government
Money
Market
Fund
—
Class
Morgan
(seven-day
effective
yield
4.80%)
131,598
$
131,598
Total
Short-Term
Investments
(Cost
$131,598)
131,598
Total
Value
of
Securities
—
99.99%
        (cost
$11,483,840)
11,861,417
Receivables
and
Other
Assets
Net
of
Liabilities
—
0.01%
1,393
Net
Assets
Applicable
to
450,000
Shares
Outstanding
—
100.00%
$
11,862,810
^
Narrow
industries
are
utilized
for
compliance
purposes
for
concentration
whereas
broad
sectors
are
used
for
financial
reporting.
†
Non-income
producing
security.
Summary
of
abbreviations:
ADR
–
American
Depositary
Receipt
MSCI
–
Morgan
Stanley
Capital
International
S&P
–
Standard
&
Poor’s
Financial
Services
LLC
Schedule
of
investments
Macquarie
Global
Listed
Infrastructure
ETF
6
June
30,
2024
(Unaudited)
NQ-BILD
(0624)
0824
(3759498)
Number
of
shares
Value
(US
$)
Common
Stocks
—
98
.51
%
Δ
Australia
-
2
.87
%
APA
Group
26,379
$
140,603‌
140,603‌
Canada
-
5
.40
%
Canadian
National
Railway
Co.
1,153
136,247‌
Hydro
One
Ltd.
144A
#
4,382
127,644‌
263,891‌
Denmark
-
4
.60
%
Orsted
A/S
144A
#,†
4,226
224,896‌
224,896‌
France
-
1
.30
%
Vinci
SA
603
63,532‌
63,532‌
Greece
-
1
.82
%
Athens
International
Airport
SA
10,562
88,794‌
88,794‌
Italy
-
9
.81
%
Enav
SpA
144A
#
24,086
96,112‌
Snam
SpA
48,957
216,590‌
Terna
-
Rete
Elettrica
Nazionale
21,648
167,342‌
480,044‌
Japan
-
4
.47
%
East
Japan
Railway
Co.
7,800
129,176‌
West
Japan
Railway
Co.
4,800
89,353‌
218,529‌
New
Zealand
-
2
.77
%
Auckland
International
Airport
Ltd.
29,140
135,426‌
135,426‌
Spain
-
9
.71
%
Cellnex
Telecom
SA
144A
#
4,991
162,331‌
EDP
Renovaveis
SA
14,978
209,331‌
Redeia
Corp.
SA
5,913
103,347‌
475,009‌
Switzerland
-
3
.05
%
Flughafen
Zurich
AG
674
149,061‌
149,061‌
United
Kingdom
-
25
.02
%
National
Grid
plc
22,485
250,864‌
Pennon
Group
plc
15,720
113,964‌
Severn
Trent
plc
9,229
277,660‌
SSE
plc
10,027
226,821‌
7
NQ-BILD
(0624)
0824
(3759498)
Number
of
shares
Value
(US
$)
Common
Stocks
(continued)
United
Kingdom
(continued)
United
Utilities
Group
plc
28,533
$
354,410‌
1,223,719‌
United
States
of
America
-
27
.69
%
CMS
Energy
Corp.
2,616
155,730‌
Crown
Castle,
Inc.
2,178
212,791‌
Essential
Utilities,
Inc.
6,474
241,675‌
Eversource
Energy
2,960
167,862‌
Exelon
Corp.
5,482
189,732‌
NextEra
Energy,
Inc.
2,804
198,551‌
Sempra
2,478
188,477‌
1,354,818‌
Total
Common
Stocks
(cost
$5,024,480)
4,818,322‌
Short-Term
Investments
—
0
.67
%
Money
Market
Mutual
Funds
-
0
.67
%
JPMorgan
U.S.
Government
Money
Market
Fund
—
Class
Morgan
(seven-day
effective
yield
4.80%)
32,818
32,818‌
Total
Short-Term
Investments
(cost
$32,818)
32,818‌
Total
Value
of
Securities
—
99.18%
      (cost
$5,057,298)
4,851,140‌
Receivables
and
Other
Assets
Net
of
Liabilities
—
0.82%
40,069‌
Net
Assets
Applicable
to
200,000
Shares
Outstanding
—
100.00%
$
4,891,209‌
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
June
30,
2024,
the
aggregate
value
of
Rule
144A
securities
was
$610,983,
which
represents
12.49%
of
the
Fund's
net
assets.
†
Non-income
producing
security.
Summary
of
abbreviations:
AG
–
Aktiengesellschaft
SpA
–
Stand-by
Purchase
Agreement
Schedule
of
investments
Macquarie
Tax-Free
USA
Short
Term
ETF
8
June
30,
2024
(Unaudited)
NQ-STAX
(0624)
0824
(3760169)
Principal
amount
°
Value
(US
$)
Municipal
Bonds
  —
97.60%
Education
Revenue
Bonds
-
11.55%
Arizona
Industrial
Development
Authority
(Equitable
School
Revolving
Fund)
Series
2022A  5.00%
11/1/28
125,000
$
132,061‌
Colorado
Educational
&
Cultural
Facilities
Authority
Series
2014  4.50%
11/1/29
200,000
199,900‌
Pennsylvania
Higher
Educational
Facilities
Authority
(Trustees
University)
Series
2016A  5.00%
8/15/27
140,000
143,657‌
Pennsylvania
State
University
(The)
Series
B  5.00%
9/1/25
100,000
102,074‌
577,692‌
Electric
Revenue
Bonds
-
5.23%
City
of
Chaska
Series
2015A  5.00%
10/1/28
155,000
158,087‌
Utility
Debt
Securitization
Authority
Series
2016A  5.00%
6/15/28
100,000
103,499‌
261,586‌
Healthcare
Revenue
Bonds
-
16.80%
Augusta
Development
Authority
(AU
Health
System,
Inc.
Project)
Series
2018  5.00%
7/1/28
135,000
141,210‌
Colorado
Health
Facilities
Authority
(Valley
View
Hospital
Association
Project)
Series
2017A  5.00%
5/15/27
150,000
154,968‌
(CommonSpirit
Health)
Series
2019A-1  5.00%
8/1/29
110,000
117,588‌
Cumberland
County
Municipal
Authority
(Penn
State
Health)
Series
2019  5.00%
11/1/27
145,000
151,284‌
Metropolitan
Government
Nashville
&
Davidson
County
Health
&
Educational
Facilities
Board
(Vanderbilt
University
Medical
Center)
Series
2016A  5.00%
7/1/29
165,000
169,551‌
Washington
Health
Care
Facilities
Authority
(CommonSpirit
Health)
Series
2019A-2  5.00%
8/1/28
100,000
105,832‌
840,433‌
9
NQ-STAX
(0624)
0824
(3760169)
Principal
amount
°
Value
(US
$)
Municipal
Bonds
(continued)
Housing
Revenue
Bonds
-
3.39%
Montgomery
County
Higher
Education
&
Health
Authority
(Thomas
Jefferson
University
Project)
Series
2019  5.00%
9/1/29
160,000
$
169,586‌
169,586‌
Industrial
Development
Revenue
Bonds
-
3.12%
State
of
Nevada
Department
of
Business
&
Industry
(Brightline
West
Passenger
Rail,
Project)
Series
2020A-3
144A  8.13%
1/1/50
#,•
150,000
155,969‌
155,969‌
Leasing
Revenue
Bonds
-
8.05%
Minneapolis
Special
School
District
No.
1
Series
2020A  5.00%
4/1/25
200,000
202,411‌
New
Jersey
Transportation
Trust
Fund
Authority
(Transportation
Program)
Series
2014AA  5.00%
6/15/26
200,000
200,088‌
402,499‌
Special
Tax
Revenue
Bonds
-
2.05%
Central
Puget
Sound
Regional
Transit
Authority
Series
2015S-1  5.00%
11/1/25
100,000
102,420‌
102,420‌
State
General
Obligation
Revenue
Bonds
-
18.25%
Commonwealth
of
Pennsylvania
Series
2017  5.00%
1/1/25
200,000
201,516‌
District
of
Columbia
Series
2019A  5.00%
10/15/25
195,000
199,482‌
State
of
Connecticut
Series
2018E  5.00%
9/15/28
190,000
204,529‌
State
of
New
Jersey
(Covid-19
General
Obligation
Emergency
Bonds)
Series
2020A  5.00%
6/1/29
75,000
81,439‌
State
of
Texas
(College
Student
Loan)
Series
2018  5.00%
8/1/26
(AMT)
220,000
226,249‌
913,215‌
Schedule
of
investments
Macquarie
Tax-Free
USA
Short
Term
ETF
10
NQ-STAX
(0624)
0824
(3760169)
Principal
amount
°
Value
(US
$)
Municipal
Bonds
(continued)
Transportation
Revenue
Bonds
-
15.39%
City
&
County
of
Denver
Series
2022D  5.25%
11/15/26
(AMT)
120,000
$
124,637‌
City
of
Los
Angeles
Department
of
Airports
(Senior
Revenue)
Series
A  5.00%
5/15/28
(AMT)
135,000
136,191‌
County
of
Clark
Department
of
Aviation
Series
2019A  5.00%
7/1/24
125,000
125,004‌
New
Jersey
Turnpike
Authority
Series
2020D  5.00%
1/1/28
220,000
225,356‌
Triborough
Bridge
&
Tunnel
Authority
Series
2021A  5.00%
11/1/25
155,000
158,649‌
769,837‌
Water
and
Sewer
Revenue
Bonds
-
13.77%
City
of
Chicago
Series
2004  5.00%
11/1/26
235,000
243,038‌
New
York
City
Municipal
Water
Finance
Authority
Series
2022,
Sub-Series
BB-2  5.00%
6/15/27
245,000
250,592‌
Pittsburgh
Water
&
Sewer
Authority
Series
2017A  5.00%
9/1/29
(AGM)
185,000
195,017‌
688,647‌
Total
Municipal
Bonds
(cost
$4,887,799)
4,881,884‌
Total
Value
of
Securities
—
97.60%
        (cost
$4,887,799)
4,881,884‌
Receivables
and
Other
Assets
Net
of
Liabilities
—
2.40%
119,933‌
Net
Assets
Applicable
to
200,000
Shares
Outstanding
—
100.00%
$
5,001,817‌
°
Principal
amount
shown
is
stated
in
USD
unless
noted
that
the
security
is
denominated
in
another
currency.
•
Variable
rate
investment.
Rates
reset
periodically.
Rate
shown
reflects
the
rate
in
effect
at
June
30,
2024.
For
securities
based
on
a
published
reference
rate
and
spread,
the
reference
rate
and
spread
are
indicated
in
their
descriptions.
The
reference
rate
descriptions
(SOFR01M,
SOFR03M,
etc.)
used
in
this
report
are
identical
for
different
securities,
but
the
underlying
reference
rates
may
differ
due
to
the
timing
of
the
reset
period.
Certain
variable
rate
securities
are
not
based
on
a
published
reference
rate
and
spread
but
are
determined
by
the
issuer
or
agent
and
are
based
on
current
market
conditions,
or
for
mortgage-backed
securities,
are
impacted
by
the
individual
mortgages
which
are
paying
off
over
time.
These
securities
do
not
indicate
a
reference
rate
and
spread
in
their
descriptions.
11
NQ-STAX
(0624)
0824
(3760169)
#
Security
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
At
June
30,
2024,
the
aggregate
value
of
Rule
144A
securities
was
$155,969,
which
represents
3.12%
of
the
Fund's
net
assets.
Summary
of
abbreviations:
AGM
–
Insured
by
Assured
Guaranty
Municipal
Corporation
AMT
–
Subject
to
Alternative
Minimum
Tax
SOFR01M
–
Secured
Overnight
Financing
Rate
1
Month
SOFR03M
–
Secured
Overnight
Financing
Rate
3
Month