# EDGAR Filing Document

**Accession Number:** 0001742912
**File Stem:** 0002000324-26-000649
**Filing Date:** 2026-2
**Character Count:** 44812
**Document Hash:** 52b6088241749aaa284a30ca34dd6dbd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-000649.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0002000324-26-000649

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust I
- **CENTRAL INDEX KEY:** 0001742912

**ORGANIZATION NAME:**
- **EIN:** 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:** 26682429

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE,
- **STATE:** WI
- **BUSINESS PHONE:** 844-986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE,
- **STATE:** WI

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tidal ETF Trust
- **DATE OF NAME CHANGE:** 20180606

## Series and Classes Contracts Data

### Unusual Whales Subversive Democratic Trading ETF (Series ID: S000088363)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000254622 | Unusual Whales Subversive Democratic Trading ETF | NANC            |

## Nport-Ex

**Unusual Whales Subversive Democratic Trading ETF**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Schedule of Investments**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 98.9%** | **Shares** | **Value** |
| **Banking - 1.3%** | | |
| Bank of America Corp. | 11328 | $623040 |
| Citigroup, Inc. | 7225 | 843085 |
| JPMorgan Chase & Co. | 1904 | 613507 |
| Wells Fargo & Co. | 13215 | 1231638 |
|  |  | 3311270 |
| **Consumer Discretionary Products - 2.0%** |  |  |
| D.R. Horton, Inc. | 29571 | 4259111 |
| Ford Motor Co. | 40559 | 532134 |
| Mohawk Industries, Inc.<sup>(a)</sup> | 3588 | 392169 |
|  |  | 5183414 |
| **Consumer Discretionary Services - 0.8%** |  |  |
| Domino's Pizza, Inc. | 984 | 410151 |
| Marriott International, Inc. - Class A | 2160 | 670118 |
| McDonald's Corp. | 1028 | 314188 |
| Starbucks Corp. | 6999 | 589386 |
|  |  | 1983843 |
| **Consumer Staple Products - 4.3%** |  |  |
| Altria Group, Inc. | 7919 | 456609 |
| Coca-Cola Co. | 27467 | 1920218 |
| Colgate-Palmolive Co. | 4537 | 358514 |
| PepsiCo, Inc. | 2407 | 345453 |
| Philip Morris International, Inc. | 47484 | 7616433 |
| Procter & Gamble Co. | 4158 | 595883 |
|  |  | 11293110 |
| **Financial Services - 6.4%** |  |  |
| American Express Co. | 23630 | 8741918 |
| Bank of New York Mellon Corp. | 4762 | 552821 |
| Blackrock, Inc. | 489 | 523396 |
| Blackstone, Inc. | 2619 | 403693 |
| Capital One Financial Corp. | 4090 | 991252 |
| Charles Schwab Corp. | 5548 | 554301 |
| KKR & Co., Inc. | 10445 | 1331529 |
| Mastercard, Inc. - Class A | 737 | 420739 |
| Morgan Stanley | 9285 | 1648366 |
| Robinhood Markets, Inc. - Class A<sup>(a)</sup> | 9943 | 1124553 |
| Visa, Inc. - Class A | 1921 | 673714 |
|  |  | 16966282 |

---

---

| | | |
|:---|:---|:---|
| **Health Care - 12.5%** |  |  |
| Abbott Laboratories | 22122.0 | $2771665 |
| AbbVie, Inc. | 3386.0 | 773667 |
| Amgen, Inc. | 1904.0 | 623198 |
| Artivion, Inc.<sup>(a)</sup> | 192907.0 | 8798488 |
| Cigna Group | 1192.0 | 328074 |
| CVS Health Corp. | 23015.0 | 1826471 |
| Elanco Animal Health, Inc.<sup>(a)</sup> | 32206.0 | 728822 |
| Eli Lilly & Co. | 6484.0 | 6968225 |
| HCA Healthcare, Inc. | 1917.0 | 894971 |
| IDEXX Laboratories, Inc.<sup>(a)</sup> | 1124.0 | 760420 |
| Johnson & Johnson | 16177.0 | 3347830 |
| Medtronic PLC | 4529.0 | 435056 |
| Merck & Co., Inc. | 3869.0 | 407251 |
| Pfizer, Inc. | 13558.0 | 337594 |
| Tactile Systems Technology, Inc.<sup>(a)</sup> | 62552.0 | 1814008 |
| Tempus AI, Inc. - Class A<sup>(a)</sup> | 25331.0 | 1495796 |
| Vertex Pharmaceuticals, Inc.<sup>(a)</sup> | 734.0 | 332766 |
| Zimmer Biomet Holdings, Inc. | 3334.0 | 299793 |
|  |  | 32944095 |
| **Industrial Products - 2.0%** |  |  |
| Caterpillar, Inc. | 727.0 | 416477 |
| Northrop Grumman Corp. | 2329.0 | 1328019 |
| Oshkosh Corp. | 4265.0 | 535812 |
| RTX Corp. | 8414.0 | 1543128 |
| Sensata Technologies Holding PLC | 15846.0 | 527513 |
| Trane Technologies PLC | 956.0 | 372075 |
| Vertiv Holdings Co. - Class A | 3332.0 | 539817 |
|  |  | 5262841 |
| **Industrial Services - 2.8%** |  |  |
| APi Group Corp.<sup>(a)(b)</sup> | 79342.0 | 3035625 |
| Aramark | 28011.0 | 1032485 |
| Quanta Services, Inc. | 4095.0 | 1728336 |
| United Rentals, Inc. | 1921.0 | 1554704 |
|  |  | 7351150 |
| **Insurance - 0.6%** |  |  |
| Allstate Corp. | 2160.0 | 449604 |
| Marsh & McLennan Cos., Inc. | 1923.0 | 356755 |
| Progressive Corp. | 3952.0 | 899949 |
|  |  | 1706308 |
| **Materials - 2.5%** |  |  |
| Amcor PLC | 47154.0 | 393264 |
| Ball Corp. | 10728.0 | 568262 |

---

---

| | | |
|:---|:---|:---|
| Vulcan Materials Co. | 19684.0 | $5614271 |
|  |  | 6575797 |
| **Media - 13.2%** |  |  |
| Alphabet, Inc. - Class C | 51793.0 | 16252643 |
| Liberty Media Corp-Liberty Formula One - Class C<sup>(a)</sup> | 5551.0 | 546829 |
| Meta Platforms, Inc. - Class A | 9842.0 | 6496606 |
| Netflix, Inc.<sup>(a)</sup> | 73844.0 | 6923613 |
| Pinterest, Inc. - Class A<sup>(a)</sup> | 37962.0 | 982836 |
| Walt Disney Co. | 31780.0 | 3615611 |
|  |  | 34818138 |
| **Retail & Wholesale - Discretionary - 5.6%** |  |  |
| Amazon.com, Inc.<sup>(a)</sup> | 57057.0 | 13169897 |
| Home Depot, Inc. | 2238.0 | 770096 |
| Lowe's Cos., Inc. | 1476.0 | 355952 |
| TJX Cos., Inc. | 3347.0 | 514132 |
|  |  | 14810077 |
| **Retail & Wholesale - Staples - 2.8%** |  |  |
| Costco Wholesale Corp. | 7083.0 | 6107954 |
| Sysco Corp. | 6041.0 | 445161 |
| Walmart, Inc. | 7941.0 | 884707 |
|  |  | 7437822 |
| **Software & Tech Services - 19.0%** |  |  |
| Accenture PLC - Class A | 5409.0 | 1451235 |
| Commvault Systems, Inc.<sup>(a)</sup> | 7490.0 | 938946 |
| CrowdStrike Holdings, Inc. - Class A<sup>(a)</sup> | 13180.0 | 6178257 |
| International Business Machines Corp. | 8850.0 | 2621458 |
| Intuit, Inc. | 2702.0 | 1789859 |
| Microsoft Corp. | 39331.0 | 19021258 |
| Palantir Technologies, Inc. - Class A<sup>(a)</sup> | 7950.0 | 1413113 |
| Palo Alto Networks, Inc.<sup>(a)</sup> | 7861.0 | 1447996 |
| Salesforce, Inc. | 32708.0 | 8664676 |
| ServiceNow, Inc.<sup>(a)</sup> | 10930.0 | 1674367 |
| SS&C Technologies Holdings, Inc. | 55088.0 | 4815793 |
|  |  | 50016958 |
| **Tech Hardware & Semiconductors - 22.2%** |  |  |
| Advanced Micro Devices, Inc.<sup>(a)</sup> | 8535.0 | 1827856 |
| Apple, Inc. | 40426.0 | 10990212 |
| Applied Materials, Inc. | 26159.0 | 6722602 |
| Arista Networks, Inc.<sup>(a)</sup> | 14531.0 | 1903997 |
| Broadcom, Inc. | 8922.0 | 3087904 |
| Cisco Systems, Inc. | 10903.0 | 839858 |
| Corning, Inc. | 7677.0 | 672198 |
| Dell Technologies, Inc. - Class C | 4299.0 | 541158 |

---

---

| | | |
|:---|:---|:---|
| Lam Research Corp. | 7566 | $1295148 |
| Microchip Technology, Inc. | 6024.0 | 383849 |
| Micron Technology, Inc. | 7455.0 | 2127732 |
| NVIDIA Corp. | 144656.0 | 26978344 |
| Seagate Technology Holdings PLC | 3959.0 | 1090269 |
|  |  | 58461127 |
| **Telecommunications - 0.3%** |  |  |
| T-Mobile US, Inc. | 2626.0 | 533183 |
| Verizon Communications, Inc. | 8889.0 | 362049 |
|  |  | 895232 |
| **Utilities - 0.6%** |  |  |
| Vistra Corp. | 10198.0 | 1645243 |
| **TOTAL COMMON STOCKS (Cost $207,163,093)** |  | 260662707 |

---

---

| | | |
|:---|:---|:---|
| **SHORT-TERM INVESTMENTS - 1.1%** | | |
| **Money Market Funds - 1.1%** | **Shares** | **Value** |
| First American Government Obligations Fund - Class X, 3.67%<sup>(c)</sup> | 2810832 | 2810832 |
| **TOTAL SHORT-TERM INVESTMENTS (Cost $2,810,832)** |  | 2810832 |
| **TOTAL INVESTMENTS - 100.0% (Cost $209,973,925)** |  | $263473539 |
| Liabilities in Excess of Other Assets - 0.0%<sup>(d)</sup> |  | (17120) |
| **TOTAL NET ASSETS - 100.0%** |  | $263456419 |
| Percentages are stated as a percent of net assets. |  |  |

---

PLC Public Limited Company

(a) Non-income producing security.

(b) Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. As of December 31, 2025, the value of these securities total $3,035,625 or 1.1% of the Fund's net assets.

(c) The rate shown represents the 7-day annualized effective yield as of December 31, 2025.

(d) Does not round to 0.1% or (0.1)%, as applicable.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Tidal Trust I

- **b. Investment Company Act file number:** 811-23377

- **c. CIK number of Registrant:** 0001742912

- **d. LEI of Registrant:** 549300VTYHP8U2332C46

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 8449867676

**Item A.2. Information about the Series.**

- **a. Name of Series:** Unusual Whales Subversive Democratic Trading ETF

- **b. EDGAR series identifier (if any):** S000088363

- **c. LEI of Series:** 254900NAFNLMH545M377

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $263618452.12

**Total Liabilities:** $162034.55

**Net Assets:** $263456417.57

**Cash Not Reported:** $673.98

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000254622 | 3.22%                | -0.59%               | -0.50%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-528400.22              | $8738404.58                                |
| Month 2  | $-1036282.87             | $-565534.22                                |
| Month 3  | $-151325.50              | $-1241554.07                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abbott Laboratories            | Abbott Laboratories                        | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     22122 | NS      | $2771665.38   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                     | AbbVie Inc                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      3386 | NS      | $773667.14    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                  | Accenture PLC                              | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |      5409 | NS      | $1451234.70   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      8535 | NS      | $1827855.60   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The              | Allstate Corp/The                          | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      2160 | NS      | $449604.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     51793 | NS      | $16252643.40  | 6.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc               | Altria Group Inc                           | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      7919 | NS      | $456609.54    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     57057 | NS      | $13169896.74  | 5.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Amcor PLC                      | Amcor PLC                                  | CUSIP: N/A<br>LEI: 549300GSODGFCDQ3DI89       | Long             | EC               | CORP              | CH        |     47154 | NS      | $393264.36    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co            | American Express Co                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     23630 | NS      | $8741918.50   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                      | Amgen Inc                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      1904 | NS      | $623198.24    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp                 | API Group Corp                             | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |     79342 | NS      | $3035624.92   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     40426 | NS      | $10990212.36  | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc          | Applied Materials Inc                      | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     26159 | NS      | $6722601.41   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                        | Aramark                                    | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |     28011 | NS      | $1032485.46   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                        | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     14531 | NS      | $1903996.93   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Artivion Inc                   | Artivion Inc                               | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |    192907 | NS      | $8798488.27   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corp                      | Ball Corp                                  | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |     10728 | NS      | $568262.16    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp           | Bank of America Corp                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     11328 | NS      | $623040.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T | Bank of New York Mellon Corp/The           | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |      4762 | NS      | $552820.58    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                  | Blackrock Inc                              | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       489 | NS      | $523396.26    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                 | Blackstone Inc                             | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |      2619 | NS      | $403692.66    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      8922 | NS      | $3087904.20   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financial Corp                 | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      4090 | NS      | $991252.40    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                | Caterpillar Inc                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       727 | NS      | $416476.49    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      5548 | NS      | $554300.68    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                | Cigna Group/The                            | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      1192 | NS      | $328074.16    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     10903 | NS      | $839858.09    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                  | Citigroup Inc                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      7225 | NS      | $843085.25    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The               | Coca-Cola Co/The                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     27467 | NS      | $1920217.97   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co           | Colgate-Palmolive Co                       | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      4537 | NS      | $358513.74    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems Inc          | Commvault Systems Inc                      | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |      7490 | NS      | $938946.40    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                    | Corning Inc                                | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      7677 | NS      | $672198.12    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      7083 | NS      | $6107954.22   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc       | Crowdstrike Holdings Inc                   | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     13180 | NS      | $6178256.80   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                | CVS Health Corp                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     23015 | NS      | $1826470.40   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc          | Dell Technologies Inc                      | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      4299 | NS      | $541158.12    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Inc             | Domino's Pizza Inc                         | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |       984 | NS      | $410150.88    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton Inc                  | DR Horton Inc                              | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |     29571 | NS      | $4259111.13   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Elanco Animal Health Inc       | Elanco Animal Health Inc                   | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |     32206 | NS      | $728821.78    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly & Co                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      6484 | NS      | $6968225.12   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co                  | Ford Motor Co                              | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |     40559 | NS      | $532134.08    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc             | HCA Healthcare Inc                         | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      1917 | NS      | $894970.62    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      2238 | NS      | $770095.80    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                            | International Business Machines Corp       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      8850 | NS      | $2621458.50   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc         | IDEXX Laboratories Inc                     | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      1124 | NS      | $760419.72    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      2702 | NS      | $1789858.84   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson              | Johnson & Johnson                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     16177 | NS      | $3347830.15   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      1904 | NS      | $613506.88    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                   | KKR & Co Inc                               | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     10445 | NS      | $1331528.60   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp              | Lam Research Corp                          | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      7566 | NS      | $1295147.88   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For | Liberty Media Corp-Liberty Formula One     | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5551 | NS      | $546829.01    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                 | Lowe's Cos Inc                             | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      1476 | NS      | $355952.16    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD  | Marriott International Inc/MD              | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |      2160 | NS      | $670118.40    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc       | Marsh & McLennan Cos Inc                   | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      1923 | NS      | $356754.96    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       737 | NS      | $420738.56    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                | McDonald's Corp                            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      1028 | NS      | $314187.64    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                  | Medtronic PLC                              | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |      4529 | NS      | $435055.74    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      3869 | NS      | $407250.94    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      9842 | NS      | $6496605.78   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc       | Microchip Technology Inc                   | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |      6024 | NS      | $383849.28    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      7455 | NS      | $2127731.55   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     39331 | NS      | $19021258.22  | 7.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Mohawk Industries Inc          | Mohawk Industries Inc                      | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               | CORP              | US        |      3588 | NS      | $392168.40    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                 | Morgan Stanley                             | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      9285 | NS      | $1648366.05   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     73844 | NS      | $6923613.44   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp          | Northrop Grumman Corp                      | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      2329 | NS      | $1328019.09   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    144656 | NS      | $26978344.00  | 10.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp                   | Oshkosh Corp                               | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |      4265 | NS      | $535811.95    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      7950 | NS      | $1413112.50   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc         | Palo Alto Networks Inc                     | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      7861 | NS      | $1447996.20   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                    | PepsiCo Inc                                | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      2407 | NS      | $345452.64    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                     | Pfizer Inc                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     13558 | NS      | $337594.20    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In | Philip Morris International Inc            | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     47484 | NS      | $7616433.60   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                  | Pinterest Inc                              | CUSIP: 72352L106<br>LEI: 529900Y043CEBGO4HB65 | Long             | EC               | CORP              | US        |     37962 | NS      | $982836.18    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The        | Procter & Gamble Co/The                    | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      4158 | NS      | $595882.98    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The           | Progressive Corp/The                       | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      3952 | NS      | $899949.44    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc            | Quanta Services Inc                        | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      4095 | NS      | $1728335.70   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |      9943 | NS      | $1124553.30   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                       | RTX Corp                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      8414 | NS      | $1543127.60   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                 | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     32708 | NS      | $8664676.28   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PL | Seagate Technology Holdings PLC            | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | US        |      3959 | NS      | $1090269.01   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding P | Sensata Technologies Holding PLC           | CUSIP: N/A<br>LEI: 529900MS7KFYCY9MS037       | Long             | EC               | CORP              | US        |     15846 | NS      | $527513.34    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                 | ServiceNow Inc                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     10930 | NS      | $1674366.70   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc | SS&C Technologies Holdings Inc             | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     55088 | NS      | $4815792.96   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                 | Starbucks Corp                             | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      6999 | NS      | $589385.79    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                     | Sysco Corp                                 | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |      6041 | NS      | $445161.29    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Tactile Systems Technology Inc | Tactile Systems Technology Inc             | CUSIP: 87357P100<br>LEI: 54930069VDTITHOTKJ98 | Long             | EC               | CORP              | US        |     62552 | NS      | $1814008.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Tempus AI Inc                  | Tempus AI Inc                              | CUSIP: 88023B103<br>LEI: 2549009LA0KWRAGQBX50 | Long             | EC               | CORP              | US        |     25331 | NS      | $1495795.55   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      3347 | NS      | $514132.67    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                | T-Mobile US Inc                            | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      2626 | NS      | $533183.04    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC         | Trane Technologies PLC                     | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |       956 | NS      | $372075.20    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc             | United Rentals Inc                         | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      1921 | NS      | $1554703.72   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      8889 | NS      | $362048.97    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc     | Vertex Pharmaceuticals Inc                 | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |       734 | NS      | $332766.24    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co             | Vertiv Holdings Co                         | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      3332 | NS      | $539817.32    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1921 | NS      | $673713.91    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                    | Vistra Corp                                | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     10198 | NS      | $1645243.34   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co            | Vulcan Materials Co                        | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |     19684 | NS      | $5614270.48   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      7941 | NS      | $884706.81    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The             | Walt Disney Co/The                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     31780 | NS      | $3615610.60   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co               | Wells Fargo & Co                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     13215 | NS      | $1231638.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc     | Zimmer Biomet Holdings Inc                 | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |      3334 | NS      | $299793.28    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   2809933 | NS      | $2809932.89   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** Tidal Trust I

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer