# EDGAR Filing Document

**Accession Number:** 0001484018
**File Stem:** 0002000324-25-003683
**Filing Date:** 2025-9
**Character Count:** 32652
**Document Hash:** c03cd81ca039eb0df672e0ff75c628c1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-003683.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0002000324-25-003683

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Spinnaker ETF Series
- **CENTRAL INDEX KEY:** 0001484018

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22398
- **FILM NUMBER:** 251345839

**BUSINESS ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069
- **BUSINESS PHONE:** 252-972-9922

**MAIL ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Spinnaker ETF Trust
- **DATE OF NAME CHANGE:** 20100212

## Series and Classes Contracts Data

### Genter Capital Dividend Income ETF (Series ID: S000089486)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000256067 | Genter Capital Dividend Income ETF | GEND            |

## Nport-Ex

---

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| XTR_FUND | XTR_FNDDSC | XTR_TKR | XTR_DESC1 | XTR_DESC2 | OCC_ID | XTR_CUSIP | XTR_GROUP | XTR_GROUP1 | XTR_GROUP2 | XTR_CATGRY | XTR_CATDSC | XTR_SECTOR | XTR_SECTR1 | XTR_SECTR2 | XTR_CONTRY | XTR_CONDSC | XTR_STATE | XTR_STNAME | XTR_CURNCY | XTR_CURDSC | XTR_MATDAT | XTR_SUBUNT | XTR_SUBDSC | XTR_PRICE | XTR_PRISRC | SECTYPE | SECTYPE2 | RPT_ID | INCLUD_CAT | LEGAL1 | LEGAL2 | LEGAL3 | LEGAL4 | LEGAL5 | LEGAL6 | BAS_Q_DECS | BAS_M_DECS | LCL_P_DECS | LCL_Q_DECS | ISBASCURR | POS_INCOM | CLASS | LONGSHORT | QTYINDIC | FAS_LEVEL | PROCESS_DATE | SECTOR | FUNDCURR | BASECURR | POS_QTY | POS_ORGCST | POS_AMORT | POS_MKTVAL | RND_MKTVAL | POS_GL | RNDPOS_GL | POS_YIELD | YIELDTOCALL | POS_YTM | POS_YTM_NA | POS_PC_PRT | POS_PC_AST | POS_PC_NAS | POS_ORGFAC | FAS_TODAY_ONLY | LEI | PRICE_ID | PRICINGMETHOD |
| 446 | GENTER CAPITAL DIVIDEND | LMT | Lockheed Martin Corp |  |  | 539830109 | 1002 | Defense |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MD | MARYLAND | USD | US DOLLAR | 1/0/1900 |  |  | 420.98 |  |  |  |  |  | Lockheed Martin Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1494.45 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 123.00 | 58185.26 | 58185.26 | 51780.54 | 51780.54 | -6404.72 | -6404.72 | 2.89 | False | 0.00 | N/A | 2.09 | 2.08 | 2.08 | 0.00 |  |  | LMT<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | MO | Altria Group Inc |  |  | 02209S103 | 1006 | Agriculture |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 1/0/1900 |  |  | 61.94 |  |  |  |  |  | Altria Group Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6566.40 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 1710.00 | 96152.20 | 96152.20 | 105917.40 | 105917.40 | 9765.20 | 9765.20 | 6.20 | False | 0.00 | N/A | 4.27 | 4.26 | 4.26 | 0.00 |  |  | MO<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | COF | Capital One Financia | l Corp |  | 14040H105 | 1015 | Banks |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 1/0/1900 |  |  | 215.00 |  |  |  |  |  | Capital One Financia | l Corp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 943.20 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 393.00 | 82595.82 | 82595.82 | 84495.00 | 84495.00 | 1899.18 | 1899.18 | 1.12 | False | 0.00 | N/A | 3.41 | 3.40 | 3.40 | 0.00 |  |  | COF<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | JPM | JPMorgan Chase & Co |  |  | 46625H100 | 1015 | Banks |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 296.24 |  |  |  |  |  | JPMorgan Chase & Co |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1336.50 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 330.00 | 91951.34 | 91951.34 | 97759.20 | 97759.20 | 5807.86 | 5807.86 | 1.37 | False | 0.00 | N/A | 3.95 | 3.93 | 3.94 | 0.00 |  |  | JPM<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | MTB | M&T Bank Corp |  |  | 55261F104 | 1015 | Banks |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 188.70 |  |  |  |  |  | M&T Bank Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2672.80 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 514.00 | 101024.15 | 101024.15 | 96991.80 | 96991.80 | -4032.35 | -4032.35 | 2.76 | False | 0.00 | N/A | 3.91 | 3.90 | 3.90 | 0.00 |  |  | MTB<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | NTRS | Northern Trust Corp |  |  | 665859104 | 1015 | Banks |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 130.00 |  |  |  |  |  | Northern Trust Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2496.00 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 832.00 | 101059.13 | 101059.13 | 108160.00 | 108160.00 | 7100.87 | 7100.87 | 2.31 | False | 0.00 | N/A | 4.37 | 4.35 | 4.35 | 0.00 |  |  | NTRS<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | PEP | PepsiCo Inc |  |  | 713448108 | 1016 | Beverages |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 137.92 |  |  |  |  |  | PepsiCo Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2393.38 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 484.00 | 69977.35 | 69977.35 | 66753.28 | 66753.28 | -3224.07 | -3224.07 | 3.59 | False | 0.00 | N/A | 2.69 | 2.69 | 2.69 | 0.00 |  |  | PEP<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | GILD | Gilead Sciences Inc |  |  | 375558103 | 1017 | Biotech |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 112.29 |  |  |  |  |  | Gilead Sciences Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2025.00 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 675.00 | 70436.54 | 70436.54 | 75795.75 | 75795.75 | 5359.21 | 5359.21 | 2.67 | False | 0.00 | N/A | 3.06 | 3.05 | 3.05 | 0.00 |  |  | GILD<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | APD | Air Products & Chemi | cals Inc |  | 009158106 | 1021 | Specialty Chemicals |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 1/0/1900 |  |  | 287.88 |  |  |  |  |  | Air Products & Chemi | cals Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2072.00 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 296.00 | 87547.96 | 87547.96 | 85212.48 | 85212.48 | -2335.48 | -2335.48 | 2.43 | False | 0.00 | N/A | 3.44 | 3.43 | 3.43 | 0.00 |  |  | APD<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | KVUE | Kenvue Inc |  |  | 49177J102 | 1028 | Cosmetics/Personal | Care | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NJ | NEW JERSEY | USD | US DOLLAR | 1/0/1900 |  |  | 21.44 |  |  |  |  |  | Kenvue Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1042.80 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 2607.00 | 56178.42 | 56178.42 | 55894.08 | 55894.08 | -284.34 | -284.34 | 1.87 | False | 0.00 | N/A | 2.26 | 2.25 | 2.25 | 0.00 |  |  | KVUE<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | LKQ | LKQ Corp |  |  | 501889208 | 1032 | Distribution/Wholesa | le | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 29.47 |  |  |  |  |  | LKQ Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1065.38 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 947.00 | 35718.61 | 35718.61 | 27908.09 | 27908.09 | -7810.52 | -7810.52 | 3.82 | False | 0.00 | N/A | 1.13 | 1.12 | 1.12 | 0.00 |  |  | LKQ<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | BLK | BlackRock Inc |  |  | 09290D101 | 1033 | Diversified Finan Se | rv | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 1106.01 |  |  |  |  |  | BlackRock Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1700.00 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 85.00 | 91304.59 | 91304.59 | 94010.85 | 94010.85 | 2706.26 | 2706.26 | 1.81 | False | 0.00 | N/A | 3.79 | 3.78 | 3.78 | 0.00 |  |  | BLK<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | EVRG | Evergy Inc |  |  | 30034W106 | 1034 | Electric |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MO | MISSOURI | USD | US DOLLAR | 1/0/1900 |  |  | 70.80 |  |  |  |  |  | Evergy Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2700.72 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 1089.00 | 72048.42 | 72048.42 | 77101.20 | 77101.20 | 5052.78 | 5052.78 | 3.50 | False | 0.00 | N/A | 3.11 | 3.10 | 3.10 | 0.00 |  |  | EVRG<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | SRE | Sempra Energy |  |  | 816851109 | 1034 | Electric |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 81.68 |  |  |  |  |  | Sempra Energy |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2030.14 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 853.00 | 65816.52 | 65816.52 | 69673.04 | 69673.04 | 3856.52 | 3856.52 | 2.91 | False | 0.00 | N/A | 2.81 | 2.80 | 2.80 | 0.00 |  |  | SRE<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | EMR | Emerson Electric Co |  |  | 291011104 | 1035 | Electrical Compo&Equ | ip | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MO | MISSOURI | USD | US DOLLAR | 1/0/1900 |  |  | 145.51 |  |  |  |  |  | Emerson Electric Co |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1359.42 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 652.00 | 89689.46 | 89689.46 | 94872.52 | 94872.52 | 5183.06 | 5183.06 | 1.43 | False | 0.00 | N/A | 3.83 | 3.82 | 3.82 | 0.00 |  |  | EMR<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | GLW | Corning Inc |  |  | 219350105 | 1036 | Electronics |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 63.24 |  |  |  |  |  | Corning Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1271.20 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 1135.00 | 59649.20 | 59649.20 | 71777.40 | 71777.40 | 12128.20 | 12128.20 | 1.77 | False | 0.00 | N/A | 2.90 | 2.89 | 2.89 | 0.00 |  |  | GLW<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | MDT | Medtronic PLC |  |  | G5960L103 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | IEP | IRELAND |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 90.24 |  |  |  |  |  | Medtronic PLC |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1603.25 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 583.00 | 51443.45 | 51443.45 | 52609.92 | 52609.92 | 1166.47 | 1166.47 | 3.05 | False | 0.00 | N/A | 2.12 | 2.12 | 2.12 | 0.00 |  |  | MDT<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | CMCSA | Comcast Corp |  |  | 20030N101 | 1073 | MEDIA |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 1/0/1900 |  |  | 33.23 |  |  |  |  |  | Comcast Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2036.96 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 1756.00 | 61801.74 | 61801.74 | 58351.88 | 58351.88 | -3449.86 | -3449.86 | 3.49 | False | 0.00 | N/A | 2.36 | 2.35 | 2.35 | 0.00 |  |  | CMCSA<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | PSX | Phillips 66 |  |  | 718546104 | 1083 | Exploration and Prod | uction | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 123.58 |  |  |  |  |  | Phillips 66 |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2062.20 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 491.00 | 60691.48 | 60691.48 | 60677.78 | 60677.78 | -13.70 | -13.70 | 3.40 | False | 0.00 | N/A | 2.45 | 2.44 | 2.44 | 0.00 |  |  | PSX<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | ABBV | AbbVie Inc |  |  | 00287Y109 | 1088 | Private Equity |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/0/1900 |  |  | 189.02 |  |  |  |  |  | AbbVie Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1953.60 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 330.00 | 61291.62 | 61291.62 | 62376.60 | 62376.60 | 1084.98 | 1084.98 | 3.13 | False | 0.00 | N/A | 2.52 | 2.51 | 2.51 | 0.00 |  |  | ABBV<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | JNJ | Johnson & Johnson |  |  | 478160104 | 1088 | Private Equity |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NJ | NEW JERSEY | USD | US DOLLAR | 1/0/1900 |  |  | 164.74 |  |  |  |  |  | Johnson & Johnson |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1875.30 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 399.00 | 62771.55 | 62771.55 | 65731.26 | 65731.26 | 2959.71 | 2959.71 | 2.85 | False | 0.00 | N/A | 2.65 | 2.64 | 2.65 | 0.00 |  |  | JNJ<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | ENB | Enbridge Inc |  |  | 29250N105 | 1089 | Pipelines |  | COMMSTCK | COMMON STOCK |  |  |  | CAD | CANADA |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 45.29 |  |  |  |  |  | Enbridge Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8111.75 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 2285.00 | 102031.96 | 102031.96 | 103487.65 | 103487.65 | 1455.69 | 1455.69 | 7.84 | False | 0.00 | N/A | 4.18 | 4.16 | 4.17 | 0.00 |  |  | ENB<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | HD | Home Depot Inc/The |  |  | 437076102 | 1095 | Retail |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | GA | GEORGIA | USD | US DOLLAR | 1/0/1900 |  |  | 367.51 |  |  |  |  |  | Home Depot Inc/The |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1203.84 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 144.00 | 53454.42 | 53454.42 | 52921.44 | 52921.44 | -532.98 | -532.98 | 2.27 | False | 0.00 | N/A | 2.14 | 2.13 | 2.13 | 0.00 |  |  | HD<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | MCHP | Microchip Technology | Inc |  | 595017104 | 1097 | Semiconductor Device |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | AZ | ARIZONA | USD | US DOLLAR | 1/0/1900 |  |  | 67.59 |  |  |  |  |  | Microchip Technology | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1661.55 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 1045.00 | 66603.74 | 66603.74 | 70631.55 | 70631.55 | 4027.81 | 4027.81 | 2.35 | False | 0.00 | N/A | 2.85 | 2.84 | 2.84 | 0.00 |  |  | MCHP<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | T | AT&T Inc |  |  | 00206R102 | 1104 | Telecommunications |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/0/1900 |  |  | 27.41 |  |  |  |  |  | AT&T Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3736.26 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 3366.00 | 86363.10 | 86363.10 | 92262.06 | 92262.06 | 5898.96 | 5898.96 | 4.05 | False | 0.00 | N/A | 3.72 | 3.71 | 3.71 | 0.00 |  |  | T<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | CSCO | Cisco Systems Inc |  |  | 17275R102 | 1104 | Telecommunications |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 68.08 |  |  |  |  |  | Cisco Systems Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2400.95 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 1549.00 | 102180.90 | 102180.90 | 105455.92 | 105455.92 | 3275.02 | 3275.02 | 2.28 | False | 0.00 | N/A | 4.26 | 4.24 | 4.25 | 0.00 |  |  | CSCO<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | UPS | United Parcel Servic | e Inc |  | 911312106 | 1107 | Transportation |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | GA | GEORGIA | USD | US DOLLAR | 1/0/1900 |  |  | 86.16 |  |  |  |  |  | United Parcel Servic | e Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 4775.76 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 737.00 | 76662.47 | 76662.47 | 63499.92 | 63499.92 | -13162.55 | -13162.55 | 7.52 | False | 0.00 | N/A | 2.56 | 2.55 | 2.56 | 0.00 |  |  | UPS<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | CVX | Chevron Corp |  |  | 166764100 | A50A | Gas Production & | Distribtuion | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 151.64 |  |  |  |  |  | Chevron Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3521.32 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 583.00 | 89159.29 | 89159.29 | 88406.12 | 88406.12 | -753.17 | -753.17 | 3.98 | False | 0.00 | N/A | 3.57 | 3.56 | 3.56 | 0.00 |  |  | CVX<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | CRH | CRH PLC |  |  | G25508105 | B902 | Cement |  | COMMSTCK | COMMON STOCK |  |  |  | IEP | IRELAND |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 95.45 |  |  |  |  |  | CRH PLC |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2319.84 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 537.00 | 50283.49 | 50283.49 | 51256.65 | 51256.65 | 973.16 | 973.16 | 4.53 | False | 0.00 | N/A | 2.07 | 2.06 | 2.06 | 0.00 |  | 549300MIDJNNTH068E74 | CRH<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | BMY | Bristol-Myers Squibb | Co |  | 110122108 | G20G | Health Care Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 43.31 |  |  |  |  |  | Bristol-Myers Squibb | Co |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2416.80 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 1060.00 | 52901.47 | 52901.47 | 45908.60 | 45908.60 | -6992.87 | -6992.87 | 5.26 | False | 0.00 | N/A | 1.85 | 1.85 | 1.85 | 0.00 |  |  | BMY<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | CVS | CVS Health Corp |  |  | 126650100 | G20G | Health Care Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | RI | RHODE ISLAND | USD | US DOLLAR | 1/0/1900 |  |  | 62.10 |  |  |  |  |  | CVS Health Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3136.32 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 1296.00 | 78051.60 | 78051.60 | 80481.60 | 80481.60 | 2430.00 | 2430.00 | 3.90 | False | 0.00 | N/A | 3.25 | 3.24 | 3.24 | 0.00 |  |  | CVS<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | MRK | Merck & Co Inc |  |  | 58933Y105 | G20G | Health Care Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NJ | NEW JERSEY | USD | US DOLLAR | 1/0/1900 |  |  | 78.12 |  |  |  |  |  | Merck & Co Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1583.60 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 535.00 | 46221.35 | 46221.35 | 41794.20 | 41794.20 | -4427.15 | -4427.15 | 3.79 | False | 0.00 | N/A | 1.69 | 1.68 | 1.68 | 0.00 |  |  | MRK<br> N | MP |
| 446 | GENTER CAPITAL DIVIDEND | FGTXX | Goldman Sachs Financ | ial Square Funds - G |  | 38141W273 | 1078 | Money Market Fund |  | MONEYMKT | MONEY MARKET |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 8/1/2025 |  |  | 100.00 |  |  |  |  |  | Goldman Sachs Financ | ial Square Funds - G |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 4955.38 |  | L<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | 117847.53 | 117847.53 | 117847.53 | 117847.53 | 117847.53 | 0.00 | 0.00 | 4.20 | False | 4.19 |  | 4.76 | 4.74 | 4.74 | 0.00 |  |  | FGTXX<br> N | AC |
| 446 | GENTER CAPITAL DIVIDEND | 0Z9A7945 | MCHP 250815C0008000 |  | MCHP 250815C00080000 | MCHP250815C80.0 |  | UNGROUPED SECURITIES |  | OPTION | OPTION |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 8/16/2025 |  |  | 0.28 |  |  |  |  |  | MCHP 250815C0008000 |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 |  | S<br> N |  |  | 7/31/2025<br> C |  | 446;USD | USD | -4.00 | -867.89 | -867.89 | -110.00 | -110.00 | 757.89 | 757.89 | 0.00 | False | 0.00 | N/A | 0.00 | 0.00 | 0.00 | 0.00 |  |  | 0Z9A7945<br> N | MP |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SPINNAKER ETF SERIES

- **b. Investment Company Act file number:** 811-22398

- **c. CIK number of Registrant:** 0001484018

- **d. LEI of Registrant:** 54930056GHDI2JOI6X90

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

  - **Street Address 1:** 116 SOUTH FRANKLIN STREET

  - **City:** ROCKY MOUNT

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 27804-5707

  - **Telephone number:** 252-972-9922

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

- **a. Name of Series:** Genter Capital Dividend Income ETF

- **b. EDGAR series identifier (if any):** S000089486

- **c. LEI of Series:** 5299009A42QC7Y27YI50

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**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:** $2485349.32

**Total Liabilities:** $1334.67

**Net Assets:** $2484014.65

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256067 | 3.44%                | 4.05%                | 0.85%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $18549.29                                  |
| Month 2  | $0.00                    | $23554.10                                  |
| Month 3  | $-9009.71                | $1491.27                                   |

**Designated Index Information**

- **Index Name:** Russell 1000

- **Index Identifier:** Ticker: RUI

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AbbVie Inc           | COMMSTCK | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       330 | NS      | $62376.60     | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products & Chemi | COMMSTCK | CUSIP: 009158106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       296 | NS      | $85212.48     | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Inc        | COMMSTCK | CUSIP: 09290D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        85 | NS      | $94010.85     | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb | COMMSTCK | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      1060 | NS      | $45908.60     | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp         | COMMSTCK | CUSIP: 20030N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1756 | NS      | $58351.88     | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financia | COMMSTCK | CUSIP: 14040H105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       393 | NS      | $84495.00     | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC              | COMMSTCK | CUSIP: G25508105<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |       537 | NS      | $51256.65     | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc    | COMMSTCK | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |      1549 | NS      | $105455.92    | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp      | COMMSTCK | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      1296 | NS      | $80481.60     | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp         | COMMSTCK | CUSIP: 166764100<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | EC               | CORP              | US        |       583 | NS      | $88406.12     | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co  | COMMSTCK | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |       652 | NS      | $94872.52     | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc         | COMMSTCK | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |      2285 | NS      | $103487.65    | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc           | COMMSTCK | CUSIP: 30034W106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1089 | NS      | $77101.20     | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc  | COMMSTCK | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       675 | NS      | $75795.75     | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc          | COMMSTCK | CUSIP: 219350105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1135 | NS      | $71777.40     | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The   | COMMSTCK | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |       144 | NS      | $52921.44     | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson    | COMMSTCK | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |       399 | NS      | $65731.26     | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co  | COMMSTCK | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |       330 | NS      | $97759.20     | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue Inc           | COMMSTCK | CUSIP: 49177J102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2607 | NS      | $55894.08     | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp             | COMMSTCK | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |       947 | NS      | $27908.09     | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp | COMMSTCK | CUSIP: 539830109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       123 | NS      | $51780.54     | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology | COMMSTCK | CUSIP: 595017104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1045 | NS      | $70631.55     | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC        | COMMSTCK | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |       583 | NS      | $52609.92     | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc     | COMMSTCK | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      1710 | NS      | $105917.40    | 4.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc       | COMMSTCK | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |       535 | NS      | $41794.20     | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp        | COMMSTCK | CUSIP: 55261F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       514 | NS      | $96991.80     | 3.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp  | COMMSTCK | CUSIP: 665859104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       832 | NS      | $108160.00    | 4.35%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc          | COMMSTCK | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |       484 | NS      | $66753.28     | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66          | COMMSTCK | CUSIP: 718546104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       491 | NS      | $60677.78     | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra Energy        | COMMSTCK | CUSIP: 816851109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       853 | NS      | $69673.04     | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc             | COMMSTCK | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      3366 | NS      | $92262.06     | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Servic | COMMSTCK | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |       737 | NS      | $63499.92     | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Financ | MONEYMKT | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             |  | US        |    117848 | NS      | $117847.53    | 4.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology | OPTION   | CUSIP: 595017104<br>LEI: N/A                  | Short            | DE               |  | US        |        -4 | NC      | $-110.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-18

**Name of Applicant:** Spinnaker ETF Series

**Signature:** Pete Mccabe

**Name of Signer:** Pete Mccabe

**Title:** Principal Accounting Officer/Principal Financial Officer