# EDGAR Filing Document

**Accession Number:** 0001742912
**File Stem:** 0001145549-25-053454
**Filing Date:** 2025-8
**Character Count:** 38531
**Document Hash:** c86eca51eb6306368ea29d73f1ca6591
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-053454.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001145549-25-053454

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**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:** 251254393

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE,
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** 844-986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE,
- **STATE:** WI
- **ZIP:** 53204

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

## Series and Classes Contracts Data

### UPAR Ultra Risk Parity ETF (Series ID: S000074863)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000233167 | UPAR Ultra Risk Parity ETF | UPAR            |

## 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:** 844-986-7700

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

- **a. Name of Series:** UPAR Ultra Risk Parity ETF

- **b. EDGAR series identifier (if any):** S000074863

- **c. LEI of Series:** 549300AG524C6OMIZ174

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $58938709.05

**Total Liabilities:** $1022520.04

**Net Assets:** $57916189.01

**Cash Not Reported:** $2055483.47

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 29900.540000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 20878.150000000000 | **30-Year:** 30860.900000000000

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

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000233167 | -1.62%               | 0.43%                | 4.84%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1972.85                | $-1415110.91                               |
| Month 2  | $53767.64                | $104224.33                                 |
| Month 3  | $278136.17               | $1055239.93                                |

**Designated Index Information**

- **Index Name:** S&P 500 Total Return Index

- **Index Identifier:** SPTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Antofagasta PLC                | Antofagasta PLC                                | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | CL        |      6011 | NS      | $149051.78    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc    | American Water Works Co Inc                    | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |       575 | NS      | $79988.25     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                         | BP PLC                                         | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |      5777 | NS      | $172905.61    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP Group Ltd                  | BHP Group Ltd                                  | CUSIP: 088606108<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |     15118 | NS      | $727024.62    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                    | Cameco Corp                                    | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |      2544 | NS      | $188548.71    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd | Canadian Natural Resources Ltd                 | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |      4513 | NS      | $141558.37    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810QV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3185784 | PA      | $2483554.91   | 4.29%             | 2042-02-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810RA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3193842 | PA      | $2384548.15   | 4.12%             | 2043-02-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810RF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3369550 | PA      | $2840731.17   | 4.90%             | 2044-02-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc             | Cenovus Energy Inc                             | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |      3797 | NS      | $51563.51     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Boliden AB                     | Boliden AB                                     | CUSIP: N/A<br>LEI: 21380059QU7IM1ONDJ56       | Long             | EC               | CORP              | SE        |      1545 | NS      | $47839.49     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Oil Ltd               | Imperial Oil Ltd                               | CUSIP: 453038408<br>LEI: 549300JZNB745JT5WY51 | Long             | EC               | CORP              | CA        |      1158 | NS      | $91808.31     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd             | Teck Resources Ltd                             | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |      3192 | NS      | $128826.27    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp                      | Hess Corp                                      | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |       634 | NS      | $87834.36     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Repsol SA                      | Repsol SA                                      | CUSIP: N/A<br>LEI: BSYCX13Y0NOTV14V9N85       | Long             | EC               | CORP              | ES        |      2527 | NS      | $36886.07     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Metal Mining Co Ltd   | Sumitomo Metal Mining Co Ltd                   | CUSIP: N/A<br>LEI: 353800CF81IXL9974H84       | Long             | EC               | CORP              | JP        |      1691 | NS      | $41676.49     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                  | Rio Tinto PLC                                  | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     11647 | NS      | $679369.51    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                      | Shell PLC                                      | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |      6584 | NS      | $463579.44    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Sociedad Quimica y Minera de C | Sociedad Quimica y Minera de Chile SA          | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EC               | CORP              | CL        |      2286 | NS      | $80627.22     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp           | Southern Copper Corp                           | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |      5261 | NS      | $532234.77    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Gold MiniShares Trust     | SPDR Gold MiniShares Trust                     | CUSIP: 98149E303<br>LEI: 5493002IEEMEY6LRJ932 | Long             | EC               | RF                | US        |    118485 | NS      | $7763137.20   | 13.40%            |  |  |  | No            |                  1 | On Loan: No      |
| Inpex Corp                     | Inpex Corp                                     | CUSIP: N/A<br>LEI: 353800VHYYADPR6MXQ47       | Long             | EC               | CORP              | JP        |      2709 | NS      | $37977.95     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Rosneft Oil Co PJSC            | Rosneft Oil Co PJSC                            | CUSIP: 67812M207<br>LEI: 253400JT3MQWNDKMJE44 | Long             | EC               | CORP              | RU        |     10479 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Salmar ASA                     | Salmar ASA                                     | CUSIP: N/A<br>LEI: 5967007LIEEXZXGDBK67       | Long             | EC               | CORP              | NO        |      1157 | NS      | $49939.98     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc              | Suncor Energy Inc                              | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |      2708 | NS      | $101234.94    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Mines Ltd              | Ivanhoe Mines Ltd                              | CUSIP: 46579R104<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |     10467 | NS      | $78473.73     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| South32 Ltd                    | South32 Ltd                                    | CUSIP: N/A<br>LEI: 213800LAZNPXSBKVHR17       | Long             | EC               | CORP              | AU        |     29788 | NS      | $56807.84     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Lundin Mining Corp             | Lundin Mining Corp                             | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |      5343 | NS      | $56073.11     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| OMV AG                         | OMV AG                                         | CUSIP: N/A<br>LEI: 549300V62YJ9HTLRI486       | Long             | EC               | CORP              | AT        |       719 | NS      | $38975.72     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangxi Copper Co Ltd          | Jiangxi Copper Co Ltd                          | CUSIP: N/A<br>LEI: 3003002E74YFQ6MEZY56       | Long             | EC               | CORP              | CN        |     26217 | NS      | $50897.72     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co/The                  | Mosaic Co/The                                  | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |      2190 | NS      | $79891.20     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Kubota Corp                    | Kubota Corp                                    | CUSIP: N/A<br>LEI: 549300CSY4INHEHQQT13       | Long             | EC               | CORP              | JP        |     10078 | NS      | $113167.75    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp      | Occidental Petroleum Corp                      | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |      2192 | NS      | $92085.92     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordex SE                      | Nordex SE                                      | CUSIP: N/A<br>LEI: 529900HVDYCUWVD0OE76       | Long             | EC               | CORP              | DE        |      2365 | NS      | $46694.80     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Novatek PJSC                   | Novatek PJSC                                   | CUSIP: 669888109<br>LEI: 2138008R6GCRVBDFA581 | Long             | EC               | CORP              | RU        |       329 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PhosAgro PJSC                  | PhosAgro PJSC                                  | CUSIP: 71922G308<br>LEI: 25340053KRUNNYUWF472 | Long             | EC               | CORP              | RU        |      1126 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Nutrien Ltd                    | Nutrien Ltd                                    | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |      3636 | NS      | $211444.92    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| NAC Kazatomprom JSC            | NAC Kazatomprom JSC                            | CUSIP: 63253R201<br>LEI: 5493008JG5TXJP2JSY44 | Long             | EC               | CORP              | KZ        |      1729 | NS      | $74692.80     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ming Yang Smart Energy Group L | Ming Yang Smart Energy Group Ltd               | CUSIP: 603491200<br>LEI: 300300W76R6UJHEZL847 | Long             | EC               | CORP              | CN        |        17 | NS      | $117.30       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| LUKOIL PJSC                    | LUKOIL PJSC                                    | CUSIP: 69343P105<br>LEI: 549300LCJ1UJXHYBWI24 | Long             | EC               | CORP              | RU        |       818 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Pentair PLC                    | Pentair PLC                                    | CUSIP: N/A<br>LEI: 549300EVR9D56WPSRP15       | Long             | EC               | CORP              | GB        |       492 | NS      | $50508.72     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SP500 MIC EMIN FUTSep25                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       266 | NC      | $217882.33    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | MSCI EmgMkt       Sep25                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        54 | NC      | $107988.12    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | MSCI EAFE         Sep25                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        19 | NC      | $67065.82     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US 10YR NOTE (CBT)Sep25                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       122 | NC      | $223852.46    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US ULTRA BOND CBT Sep25                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       117 | NC      | $447043.51    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| First Quantum Minerals Ltd     | First Quantum Minerals Ltd                     | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |      5045 | NS      | $89438.29     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp                       | FMC Corp                                       | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |       775 | NS      | $32356.25     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund     | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1705813 | NS      | $1705812.64   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                | First Solar Inc                                | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      1212 | NS      | $200634.48    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc           | Freeport-McMoRan Inc                           | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      9322 | NS      | $404108.70    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Gazprom PJSC                   | Gazprom PJSC                                   | CUSIP: 368287207<br>LEI: 213800FD9J2IHTA7YX78 | Long             | EC               | CORP              | RU        |     11925 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Fortescue Ltd                  | Fortescue Ltd                                  | CUSIP: N/A<br>LEI: 529900VEJFORCO6I4826       | Long             | EC               | CORP              | AU        |     21882 | NS      | $219121.15    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Geberit AG                     | Geberit AG                                     | CUSIP: N/A<br>LEI: 52990093Z5OHD6T7BS47       | Long             | EC               | CORP              | CH        |        96 | NS      | $75256.28     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Glencore PLC                   | Glencore PLC                                   | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | CH        |     79286 | NS      | $308130.42    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDWIND                       | Goldwind Science & Technology Co Ltd           | CUSIP: N/A<br>LEI: 3003008X6GR2ZPYM2V54       | Long             | EC               | CORP              | CN        |     61148 | NS      | $58187.97     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Flat Glass Group Co Ltd        | Flat Glass Group Co Ltd                        | CUSIP: N/A<br>LEI: 300300BEL4RMXBKEA373       | Long             | EC               | CORP              | CN        |     36205 | NS      | $40632.62     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GMK Norilskiy Nickel PAO       | GMK Norilskiy Nickel PAO                       | CUSIP: 55315J102<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |      3990 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Veolia Environnement SA        | Veolia Environnement SA                        | CUSIP: N/A<br>LEI: 969500LENY69X51OOT31       | Long             | EC               | CORP              | FR        |      2149 | NS      | $76308.55     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Yara International ASA         | Yara International ASA                         | CUSIP: N/A<br>LEI: 213800WKOUWXWFJ5Z514       | Long             | EC               | CORP              | NO        |      2326 | NS      | $85503.72     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810RL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3408450 | PA      | $2499265.66   | 4.32%             | 2045-02-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810RR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3510611 | PA      | $2671836.28   | 4.61%             | 2046-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810RW0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3355574 | PA      | $2442779.29   | 4.22%             | 2047-02-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810SB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2852852 | PA      | $2108361.53   | 3.64%             | 2048-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810SG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2326583 | PA      | $1696463.54   | 2.93%             | 2049-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810SM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1995184 | PA      | $1165494.97   | 2.01%             | 2050-02-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810SV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1858097 | PA      | $1018836.71   | 1.76%             | 2051-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810TE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1791951 | PA      | $963338.93    | 1.66%             | 2052-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810TP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1105091 | PA      | $880332.46    | 1.52%             | 2053-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810TY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1945229 | PA      | $1789951.51   | 3.09%             | 2054-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810UH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    898692 | PA      | $873269.78    | 1.51%             | 2055-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Vale SA                        | Vale SA                                        | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |     30931 | NS      | $300340.01    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard FTSE Developed Market | Vanguard FTSE Developed Markets ETF            | CUSIP: 921943858<br>LEI: N/A                  | Long             | EC               | RF                | US        |     25456 | NS      | $1451246.56   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard FTSE Emerging Markets | Vanguard FTSE Emerging Markets ETF             | CUSIP: 922042858<br>LEI: N/A                  | Long             | EC               | RF                | US        |     56389 | NS      | $2788999.94   | 4.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Extended Market ETF   | Vanguard Extended Market ETF                   | CUSIP: 922908652<br>LEI: N/A                  | Long             | EC               | RF                | US        |      9592 | NS      | $1848474.32   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                   | Xylem Inc/NY                                   | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |       695 | NS      | $89905.20     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodside Energy Group Ltd      | Woodside Energy Group Ltd                      | CUSIP: N/A<br>LEI: 2549005ZC5RXAOO7FH41       | Long             | EC               | CORP              | AU        |      3796 | NS      | $58784.64     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestas Wind Systems A/S        | Vestas Wind Systems A/S                        | CUSIP: N/A<br>LEI: 549300DYMC8BGZZC8844       | Long             | EC               | CORP              | DK        |     10247 | NS      | $153193.92    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO Corp                      | AGCO Corp                                      | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |       576 | NS      | $59420.16     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Aker BP ASA                    | Aker BP ASA                                    | CUSIP: N/A<br>LEI: 549300NFTY73920OYK69       | Long             | EC               | CORP              | NO        |      1387 | NS      | $35333.91     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc     | CF Industries Holdings Inc                     | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |      1139 | NS      | $104788.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc             | Coterra Energy Inc                             | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |      1403 | NS      | $35608.14     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp             | Expand Energy Corp                             | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |       649 | NS      | $75894.06     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                   | Chevron Corp                                   | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4014 | NS      | $574764.66    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                 | ConocoPhillips                                 | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      2851 | NS      | $255848.74    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                    | Corteva Inc                                    | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |      4959 | NS      | $369594.27    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                     | Deere & Co                                     | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      1978 | NS      | $1005793.22   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp              | Devon Energy Corp                              | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |      1246 | NS      | $39635.26     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc         | Diamondback Energy Inc                         | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |       655 | NS      | $89997.00     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Eni SpA                        | Eni SpA                                        | CUSIP: 26874R108<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | EC               | CORP              | IT        |      3277 | NS      | $106240.34    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc              | EOG Resources Inc                              | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      1235 | NS      | $147718.35    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                       | EQT Corp                                       | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |      1281 | NS      | $74707.92     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                     | Ecolab Inc                                     | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |       696 | NS      | $187530.24    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecopetrol SA                   | Ecopetrol SA                                   | CUSIP: 279158109<br>LEI: 254900IDGKCJICKBPA66 | Long             | EC               | CORP              | CO        |      4494 | NS      | $39771.90     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc             | Enphase Energy Inc                             | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      1756 | NS      | $69625.40     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinor ASA                    | Equinor ASA                                    | CUSIP: 29446M102<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | EC               | CORP              | NO        |      6459 | NS      | $162379.26    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp                               | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      9129 | NS      | $984106.20    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Toro Co/The                    | Toro Co/The                                    | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |       820 | NS      | $57957.60     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE               | TotalEnergies SE                               | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |      5280 | NS      | $324139.20    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912810QP6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1980518 | PA      | $1944647.04   | 3.36%             | 2041-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| CMOC Group Ltd                 | CMOC Group Ltd                                 | CUSIP: N/A<br>LEI: 2549008KG3638J59U652       | Long             | EC               | CORP              | CN        |    169334 | NS      | $172138.26    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Tourmaline Oil Corp            | Tourmaline Oil Corp                            | CUSIP: 89156V106<br>LEI: 894500I7AXG91VB3PM28 | Long             | EC               | CORP              | CA        |       677 | NS      | $32597.22     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV              | CNH Industrial NV                              | CUSIP: N/A<br>LEI: 549300WGC2HZ5J67V817       | Long             | EC               | CORP              | GB        |      9147 | NS      | $118545.12    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** Tidal Trust I

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer