# EDGAR Filing Document

**Accession Number:** 0001771146
**File Stem:** 0001004726-25-003390
**Filing Date:** 2025-12
**Character Count:** 42781
**Document Hash:** 8c9900cb9172d9d574a6b2c1fecc0d33
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-25-003390.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001004726-25-003390

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Opportunities Trust
- **CENTRAL INDEX KEY:** 0001771146

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23439
- **FILM NUMBER:** 251604747

**BUSINESS ADDRESS:**
- **STREET 1:** 8370 STONY POINT PARKWAY, SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235
- **BUSINESS PHONE:** 804-267-7400

**MAIL ADDRESS:**
- **STREET 1:** 8370 STONY POINT PARKWAY, SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235

## Series and Classes Contracts Data

### Cultivar ETF (Series ID: S000074803)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000233014 | Cultivar ETF | CVAR            |

## Nport-Ex

**1**

QUARTERLY REPORT

**CULTIVAR ETF**

**Schedule of Investments** **October 31, 2025 (unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; **86.60%** | **COMMON STOCKS** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **1.34%** | **COMMUNICATION SERVICES** |  |  |
|  | Comcast Corp. Class A  | 8738 | $243222 <br>|
|  | John Wiley & Sons, Inc. Class A  | 6382 | 235304 |
|  |  |  | 478526 |
| &nbsp;&nbsp;&nbsp;&nbsp; **4.52%** | **CONSUMER DISCRETIONARY** |  |  |
|  | Advance Auto Parts  | 4986 | 234990 |
|  | Hasbro, Inc.  | 4511 | 344234 |
|  | Lululemon Athletica, Inc. ADR<sup>(A)</sup>  | 2132 | 363591 |
|  | Monro, Inc.  | 11151 | 163362 |
|  | NIKE, Inc.  | 7977 | 515235 |
|  |  |  | 1621412 |
| &nbsp;&nbsp;&nbsp;&nbsp; **10.75%** | **CONSUMER STAPLES** |  |  |
|  | Archer-Daniels-Midland Co.  | 1883 | 113978 |
|  | The Clorox Co.  | 2852 | 320736 |
|  | Dollar General Corp.  | 4475 | 441504 |
|  | General Mills, Inc.  | 2759 | 128597 |
|  | The Hershey Compan  | 3232 | 548244 |
|  | Hormel Foods Corp.  | 18306 | 395227 |
|  | The JM Smucker Co.  | 3564 | 369052 |
|  | Kimberly-Clark Corp.  | 3453 | 413359 |
|  | Lamb Weston Holdings, Inc.  | 1578 | 97410 |
|  | McCormick & Co., Inc.  | 8017 | 514371 |
|  | Target Corp.  | 1821 | 168843 |
|  | Tyson Foods, Inc. Class A  | 6658 | 342288 |
|  |  |  | 3853609 |
| &nbsp;&nbsp;&nbsp;&nbsp; **6.10%** | **ENERGY** |  |  |
|  | BP plc ADR  | 7986 | 280548 |
|  | Core Laboratories, Inc. ADR  | 73297 | 1168354 |
|  | Equinor ASA ADR  | 10444 | 250238 |
|  | Halliburton Co.  | 12552 | 336896 |
|  | World Kinect Corp.  | 5832 | 150757 |
|  |  |  | 2186793 |

---

**2**

QUARTERLY REPORT

**CULTIVAR ETF**

**Schedule of Investments - continued** **October 31, 2025 (unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; **7.81%** | **FINANCIALS** |  |  |
|  | FactSet Research Systems, Inc.  | 318 | $84842 <br>|
|  | Global Payments, Inc.  | 6177 | 480324 |
|  | Independent Bank Corp.  | 4054 | 272794 |
|  | Jack Henry & Associates, Inc.  | 618 | 92045 |
|  | MarketAxess Holdings, Inc.  | 8590 | 1374915 |
|  | PayPal Holdings, Inc.  | 7136 | 494311 |
|  |  |  | 2799231 |
| &nbsp;&nbsp;&nbsp;&nbsp; **19.45%** | **HEALTH CARE** |  |  |
|  | Agilent Technologies, Inc.  | 1534 | 224516 |
|  | Biogen, Inc.<sup>(A)</sup>  | 2711 | 418226 |
|  | Bio-Techne Corp.  | 5083 | 318043 |
|  | Bristol-Myers Squibb Co.  | 3739 | 172256 |
|  | CVS Health Corp.  | 6254 | 488750 |
|  | Edwards Lifescience Corp.<sup>(A)</sup>  | 5272 | 434676 |
|  | Fresenius Medical Care AG ADR  | 11700 | 314028 |
|  | Humana, Inc.  | 1663 | 462630 |
|  | Illumina, Inc.<sup>(A)</sup>  | 3350 | 413859 |
|  | Inogen, Inc.<sup>(A)</sup>  | 26025 | 214446 |
|  | Johnson & Johnson  | 2404 | 454044 |
|  | Medtronic plc ADR  | 4647 | 421483 |
|  | Perrigo Co. plc ADR  | 16714 | 346648 |
|  | Pfizer, Inc.  | 10648 | 262473 |
|  | Regeneron Pharmaceuticals, Inc.  | 689 | 449090 |
|  | Thermo Fisher Scientific, Inc.  | 407 | 230928 |
|  | UnitedHealth Group, Inc.  | 868 | 296474 |
|  | Veeva Systems, Inc. Class A<sup>(A)</sup>  | 1186 | 345363 |
|  | Zimmer Biomet Holdings  | 3373 | 339189 |
|  | Zoetis, Inc.  | 2521 | 363251 |
|  |  |  | 6970373 |
| &nbsp;&nbsp;&nbsp;&nbsp; **9.88%** | **INDUSTRIALS** |  |  |
|  | Canadian National Railway Co. ADR  | 1921 | 184243 |
|  | Healthcare Services Group, Inc.<sup>(A)</sup>  | 56466 | 1009048 |
|  | Huntington Ingalls Industries  | 629 | 202551 |

---

**3**

QUARTERLY REPORT

**CULTIVAR ETF**

**Schedule of Investments - continued** **October 31, 2025 (unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value** |
|  | Lockheed Martin Corp.  | 397 | $195276 <br>|
|  | Paycom Software, Inc.  | 2214 | 414217 |
|  | Proto Labs, Inc.<sup>(A)</sup>  | 10790 | 536910 |
|  | Southwest Airlines Co.  | 26135 | 791890 |
|  | UPS, Inc. Class B  | 2129 | 205278 |
|  |  |  | 3539413 |
| &nbsp;&nbsp;&nbsp;&nbsp; **9.36%** | **INFORMATION TECHNOLOGY** |  |  |
|  | Accenture plc Class A ADR  | 692 | 173069 |
|  | Adobe, Inc.<sup>(A)</sup>  | 985 | 335205 |
|  | Cognex Corp.  | 6061 | 250865 |
|  | Cognizant Tech Solutions  | 2195 | 159972 |
|  | Dassault Systemes S.A. ADR  | 10312 | 293583 |
|  | Intel Corp.<sup>(A)</sup>  | 17842 | 713502 |
|  | Microchip Technology, Inc.  | 4203 | 262351 |
|  | Nice Systems Ltd. ADR<sup>(A)</sup>  | 1268 | 173285 |
|  | Qorvo, Inc.<sup>(A)</sup>  | 5761 | 546834 |
|  | Skyworks Solutions, Inc.  | 3531 | 274429 |
|  | STMicroelectronics NV ADR  | 6969 | 170532 |
|  |  |  | 3353627 |
| &nbsp;&nbsp;&nbsp;&nbsp; **8.20%** | **MATERIALS** |  |  |
|  | Albemarle Corp.  | 3962 | 389187 |
|  | Barrick Mining Corporation ADR  | 21224 | 696147 |
|  | First Majestic Silver Corp. ADR  | 38654 | 493612 |
|  | FMC Corp.  | 11830 | 179461 |
|  | Newmont Goldcorp Corp.  | 6738 | 545576 |
|  | Nutrien Ltd. ADR  | 5425 | 295391 |
|  | Sociedad Quimica y Minera de Chile <br>SA ADR  | 6914 | 338717 |
|  |  |  | 2938091 |
| &nbsp;&nbsp;&nbsp;&nbsp; **4.47%** | **REAL ESTATE** |  |  |
|  | Alexandria Real Estate Equities, Inc.  | 10242 | 596289 |
|  | Crown Castle, Inc.  | 1868 | 168531 |
|  | Douglas Emmett, Inc.  | 21088 | 272879 |

---

**4**

QUARTERLY REPORT

**CULTIVAR ETF**

**Schedule of Investments - continued** **October 31, 2025 (unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value** |
|  | Empire State Realty Trust  | 17424 | $128763 <br>|
|  | LTC Properties, Inc.  | 4710 | 165227 |
|  | Piedmont Office Realty Trust, Inc.<sup>(A)</sup>  | 22598 | 182140 |
|  | Weyerhaeuser Co.  | 3810 | 87630 |
|  |  |  | 1601459 |
| &nbsp;&nbsp;&nbsp;&nbsp; **4.72%** | **UTILITIES** |  |  |
|  | Eversource Energy  | 8307 | 613140 |
|  | Northwest Natural Holding Co.  | 16260 | 740318 |
|  | Portland General Electric  | 7365 | 336433 |
|  |  |  | 1689891 |
| &nbsp;&nbsp;&nbsp;&nbsp; **86.60%** | **TOTAL COMMON STOCKS** |  |  |
|  | (Cost: $30,152,299)  | (Cost: $30,152,299)  | 31032425 |
| &nbsp;&nbsp;&nbsp;&nbsp; **4.52%** | **US TREASURY BILLS** |  |  |
|  | US Treasury 11/04/2025 0.031%<sup>(B)</sup>  | 1620000 | 1619829 |
| &nbsp;&nbsp;&nbsp;&nbsp; **6.67%** | **US TREASURY BONDS** |  |  |
|  | US Treasury 05/15/2052 2.875%  | 2253000 | 1625929 |
|  | US Treasury 05/15/2054 4.625%  | 770000 | 764014 |
|  |  |  | 2389943 |
| &nbsp;&nbsp;&nbsp;&nbsp; **11.19%** | **TOTAL TREASURIES** |  |  |
|  | (Cost: $4,040,832)  | (Cost: $4,040,832)  | 4009772 |
| &nbsp;&nbsp;&nbsp;&nbsp; **97.79%** | **TOTAL INVESTMENTS** |  |  |
|  | (Cost: $34,193,132)  | (Cost: $34,193,132)  | 35042197 |
| &nbsp;&nbsp;&nbsp;&nbsp; **2.21%** | Other assets, net of liabilities  | Other assets, net of liabilities  | 793298 |
| &nbsp;&nbsp;&nbsp;&nbsp; **100.00%** | **NET ASSETS**  | **NET ASSETS**  | **$** **35835495** <br>|

---

<sup>(A)</sup>Non-income producing

<sup>(B)</sup>Zero coupon security. The rate shown is the yield-to-maturity on the date of October 31, 2025

ADR - Security represented is held by the custodian in the form of American Depositary Receipts.

**5**

QUARTERLY REPORT

**CULTIVAR ETF**

**Schedule of Investments - continued** **October 31, 2025 (unaudited)**

In accordance with U.S. GAAP, "fair value" is defined as the price that a Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. Various inputs are used in determining the value of a Fund's investments. U.S. GAAP established a three-tier hierarchy of inputs to establish a classification of fair value measurements for disclosure purposes. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following summarizes the inputs used to value the Fund's investments as of October 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** |  |
|  | **Quoted Prices** | **Other<br>Significant<br>Observable Inputs** | **Significant<br>Unobservable<br>Inputs** | **Total** |
|  COMMON STOCKS  | $31032425 <br>| $— <br>| $— <br>| $31032425 <br>|
|  US TREASURY BILLS  |  | 1619829 |  | 1619829 |
|  US TREASURY BONDS<br>|  | 2389943 |  | 2389943 |
|  TOTAL INVESTMENTS<br>| $31032425 <br>| $4009772 <br>| $— <br>| $35042197 <br>|

---

The cost of investments for Federal income tax purposes has been estimated a/o October 31, 2025 since the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income tax purpose is $34,193,132, and the related net unrealized appreciation (depreciation) consists of:

---

| | |
|:---|:---|
|  Gross unrealized appreciation  | $3851170 <br>|
|  Gross unrealized depreciation  | (3002105) |
|  Net unrealized appreciation  | $849065 <br>|

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ETF Opportunities Trust

- **b. Investment Company Act file number:** 811-23439

- **c. CIK number of Registrant:** 0001771146

- **d. LEI of Registrant:** 549300FWST5041130Z58

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

  - **Street Address 1:** 8730 Stony Point Parkway

  - **City:** Richmond

  - **State:** VA

  - **Foreign country:** US

  - **Zip / Postal Code:** 23235

  - **Telephone number:** 804-267-7400

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

- **a. Name of Series:** Cultivar ETF

- **b. EDGAR series identifier (if any):** S000074803

- **c. LEI of Series:** 5493004PE30ULXCQI638

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $35862251.81

**Total Liabilities:** $26756.59

**Net Assets:** $35835495.22

**Cash Not Reported:** $744707.14

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000233014 | 5.36%                | 1.69%                | -0.87%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $431453.58               | $1303471.18                                |
| Month 2  | $211839.45               | $318723.03                                 |
| Month 3  | $284102.38               | $-625224.12                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| THE HERSHEY COMPANY                              | HERSHEY CO THE                        | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      3232 | NS      | $548244.16    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC CORPORATION                                  | FMC CORP                              | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     11830 | NS      | $179461.10    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SOCIETE MINIERE BARRICK                          | BARRICK MINING CORP                   | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |     21224 | NS      | $696147.20    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| INDEPENDENT BANK CORP.                           | INDEPENDENT BANK CORP                 | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |      4054 | NS      | $272793.66    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORPORATION                                | INTEL CORP                            | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     17842 | NS      | $713501.58    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Inogen Inc                                       | INOGEN INC                            | CUSIP: 45780L104<br>LEI: 549300J8WJIVTOJ8IH97 | Long             | EC               | CORP              | US        |     26025 | NS      | $214446.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENERON PHARMACEUTICALS, INC.                  | REGENERON PHARMACEUTICALS INC         | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       689 | NS      | $449090.20    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| WEYERHAEUSER COMPANY                             | WEYERHAEUSER CO                       | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |      3810 | NS      | $87630.00     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| HUMANA INC.                                      | HUMANA INC                            | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      1663 | NS      | $462629.97    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| NICE LTD                                         | NICE LTD                              | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             |  | CORP              | IL        |      1268 | NS      | $173284.88    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                | JOHNSON JOHNSON                       | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      2404 | NS      | $454043.48    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sociedad Quimica y Minera de Chile S.A.          | SOCIEDAD QUIMICA Y MINERA DE CHILE SA | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             |  | CORP              | CL        |      6914 | NS      | $338716.86    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                  | UNITEDHEALTH GROUP INC                | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       868 | NS      | $296474.08    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| LAMB WESTON HOLDINGS, INC.                       | LAMB WESTON HOLDING INC               | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |      1578 | NS      | $97409.94     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                           | CVS HEALTH CORP                       | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      6254 | NS      | $488750.10    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWEST NATURAL HOLDING COMPANY                | NORTHWEST NATURAL HOLDING CO          | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |     16260 | NS      | $740317.80    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                         | U S TREASURY BOND                     | CUSIP: 912810UA4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    770000 | PA      | $764013.63    | 2.13%             | 2054-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| LULULEMON ATHLETICA INC.                         | LULULEMON ATHLETICA INC               | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |      2132 | NS      | $363591.28    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EDWARDS LIFESCIENCES CORPORATION                 | EDWARDS LIFESCIENCES CORP             | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      5272 | NS      | $434676.40    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| QORVO, INC.                                      | QORVO INC                             | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |      5761 | NS      | $546834.12    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL PAYMENTS INC.                             | GLOBAL PAYMENTS INC                   | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |      6177 | NS      | $480323.52    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCE AUTO PARTS, INC.                         | ADVANCE AUTO PARTS                    | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |      4986 | NS      | $234990.18    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| JACK HENRY & ASSOCIATES, INC.                    | JACK HENRY ASSOCIATES INC             | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |       618 | NS      | $92044.92     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST MAJESTIC SILVER CORP.                      | FIRST MAJESTIC SILVER CORP            | CUSIP: 32076V103<br>LEI: 529900PWCU5DUH1DYR51 | Long             | EC               | CORP              | CA        |     38654 | NS      | $493611.58    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd.                                     | NUTRIEN LTD                           | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |      5425 | NS      | $295391.25    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| HALLIBURTON COMPANY                              | HALLIBURTON CO                        | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     12552 | NS      | $336895.68    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORPORATION                               | TARGET CORP                           | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      1821 | NS      | $168843.12    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                         | U S TREASURY BOND                     | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2253000 | PA      | $1625929.07   | 4.54%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORPORATION                       | KIMBERLY CLARK CORP                   | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |      3453 | NS      | $413358.63    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION                              | COMCAST CORP CLASS A                  | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      8738 | NS      | $243222.23    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PUBLIC LIMITED COMPANY                 | ACCENTURE PLC                         | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |       692 | NS      | $173069.20    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| LTC PROPERTIES, INC.                             | LTC PROPERTIES INC                    | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               | CORP              | US        |      4710 | NS      | $165226.80    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY                 | MEDTRONIC PLC                         | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |      4647 | NS      | $421482.90    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| DOUGLAS EMMETT, INC.                             | DOUGLAS EMMETT INC                    | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21088 | NS      | $272878.72    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND COMPANY.                  | ARCHER DANIELS MIDLAND CO             | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |      1883 | NS      | $113977.99    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius Medical Care AG                        | FRESENIUS MEDICAL CARE AG CO KGAA     | CUSIP: 358029106<br>LEI: 549300CP8NY40UP89Q40 | Long             |  | CORP              | DE        |     11700 | NS      | $314028.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYWORKS SOLUTIONS, INC.                         | SKYWORKS SOLUTIONS INC                | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |      3531 | NS      | $274429.32    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| EMPIRE STATE REALTY TRUST, INC.                  | EMPIRE STATE REALTY TRUST INC         | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |     17424 | NS      | $128763.36    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES, INC.            | ALEXANDRIA REAL ESTATE EQUITIES INC   | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |     10242 | NS      | $596289.24    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR GENERAL CORPORATION                       | DOLLAR GENERAL CORP                   | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |      4475 | NS      | $441503.50    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| BIO-TECHNE CORPORATION                           | BIO TECHNE CORP                       | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |      5083 | NS      | $318043.31    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYCOM SOFTWARE, INC.                            | PAYCOM SOFTWARE INC                   | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      2214 | NS      | $414217.26    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INCORPORATED            | THERMO FISHER SCIENTIFIC INC          | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       407 | NS      | $230927.73    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| COGNEX CORPORATION                               | COGNEX CORP                           | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               | CORP              | US        |      6061 | NS      | $250864.79    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWEST AIRLINES CO.                           | SOUTHWEST AIRLINES CO                 | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |     26135 | NS      | $791890.50    | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                                | EVERSOURCE ENERGY                     | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |      8307 | NS      | $613139.67    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CLOROX COMPANY                               | CLOROX CO THE                         | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |      2852 | NS      | $320735.92    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROCHIP TECHNOLOGY INCORPORATED                | MICROCHIP TECHNOLOGY INC              | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |      4203 | NS      | $262351.26    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| PORTLAND GENERAL ELECTRIC COMPANY                | PORTLAND GENERAL ELECTRIC CO          | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |      7365 | NS      | $336433.20    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHCARE SERVICES GROUP, INC.                  | HEALTHCARE SERVICES GROUP INC         | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |     56466 | NS      | $1009047.42   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN CASTLE INC.                                | CROWN CASTLE INC                      | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |      1868 | NS      | $168530.96    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOGEN INC.                                      | BIOGEN INC                            | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      2711 | NS      | $418225.97    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| WORLD KINECT CORPORATION                         | WORLD KINECT CORP                     | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |      5832 | NS      | $150757.20    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS, INC.                     | ZIMMER BIOMET HOLDINGS INC            | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |      3373 | NS      | $339188.88    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| MARKETAXESS HOLDINGS INC.                        | MARKETAXESS HOLDINGS INC              | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |      8590 | NS      | $1374915.40   | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE, INC.                      | UNITED PARCEL SERVICE INC CLASS B     | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      2129 | NS      | $205278.18    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| HORMEL FOODS CORPORATION                         | HORMEL FOODS CORP                     | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |     18306 | NS      | $395226.54    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VEEVA SYSTEMS INC.                               | VEEVA SYSTEMS INC                     | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      1186 | NS      | $345363.20    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON INGALLS INDUSTRIES, INC.              | HUNTINGTON INGALLS INDUSTRIES INC     | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |       629 | NS      | $202550.58    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Compagnie des chemins de fer nationaux du Canada | CANADIAN NATIONAL RAILWAY CO          | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |      1921 | NS      | $184243.11    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| STMicroelectronics N.V.                          | STMICROELECTRONICS NV                 | CUSIP: 861012102<br>LEI: 213800Z8NOHIKRI42W10 | Long             |  | CORP              | NL        |      6969 | NS      | $170531.43    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLUMINA, INC.                                   | ILLUMINA INC                          | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |      3350 | NS      | $413859.00    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORPORATION                              | NEWMONT CORP                          | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      6738 | NS      | $545575.86    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AGILENT TECHNOLOGIES, INC.                       | AGILENT TECHNOLOGIES INC              | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      1534 | NS      | $224516.24    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Piedmont Realty Trust, Inc.                      | PIEDMONT REALTY TRUST INC             | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22598 | NS      | $182139.88    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBEMARLE CORPORATION                            | ALBEMARLE CORP                        | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |      3962 | NS      | $389187.26    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSON FOODS, INCORPORATED                        | TYSON FOODS INC CLASS A               | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |      6658 | NS      | $342287.78    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MILLS, INC.                              | GENERAL MILLS INC                     | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |      2759 | NS      | $128596.99    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHN WILEY & SONS, INC.                          | JOHN WILEY SONS INC                   | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |      6382 | NS      | $235304.34    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro, Inc.                                     | HASBRO INC                            | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |      4511 | NS      | $344234.41    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| BP P.L.C.                                        | BP PLC                                | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Long             |  | CORP              | GB        |      7986 | NS      | $280548.18    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINOR ASA                                      | EQUINOR ASA                           | CUSIP: 29446M102<br>LEI: OW6OFBNCKXC4US5C7523 | Long             |  | CORP              | NO        |     10444 | NS      | $250238.24    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                     | BRISTOL MYERS SQUIBB CO               | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      3739 | NS      | $172255.73    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Proto Labs, Inc.                                 | PROTO LABS INC                        | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |     10790 | NS      | $536910.40    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYPAL HOLDINGS, INC.                            | PAYPAL HOLDINGS INC                   | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      7136 | NS      | $494310.72    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MONRO, INC.                                      | MONRO INC                             | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11151 | NS      | $163362.15    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| DASSAULT SYSTEMES SE                             | DASSAULT SYSTEMES SE                  | CUSIP: 237545108<br>LEI: 96950065LBWY0APQIM86 | Long             |  | CORP              | FR        |     10312 | NS      | $293582.64    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC.                                       | ADOBE INC                             | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       985 | NS      | $335205.35    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| FACTSET RESEARCH SYSTEMS INC.                    | FACTSET RESEARCH SYSTEMS INC          | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |       318 | NS      | $84842.40     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                      | LOCKHEED MARTIN CORP                  | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       397 | NS      | $195276.36    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| PERRIGO COMPANY PUBLIC LIMITED COMPANY           | PERRIGO CO PLC                        | CUSIP: G97822103<br>LEI: 549300IFOQS6R1QLY196 | Long             | EC               | CORP              | IE        |     16714 | NS      | $346648.36    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOETIS INC.                                      | ZOETIS INC                            | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      2521 | NS      | $363250.89    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                      | PFIZER INC                            | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     10648 | NS      | $262473.20    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE, INC.                                       | NIKE INC CL B                         | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      7977 | NS      | $515234.43    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| MCCORMICK & COMPANY, INCORPORATED                | MCCORMICK CO INC                      | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |      8017 | NS      | $514370.72    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CORE LABORATORIES INC.                           | CORE LABORATORIES INC                 | CUSIP: 21867A105<br>LEI: 984500040P5J07V43135 | Long             | EC               | CORP              | US        |     73297 | NS      | $1168354.18   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION       | COGNIZANT TECHNOLOGY SOLUTIONS CORP   | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |      2195 | NS      | $159971.60    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| THE J. M. SMUCKER COMPANY                        | J M SMUCKER CO                        | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |      3564 | NS      | $369052.20    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                         | UNITED STATES TREASURY BILL           | CUSIP: 912797RM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1620000 | PA      | $1619829.22   | 4.52%             | 2025-11-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** ETF Opportunities Trust

**Signature:** Karen Shupe

**Name of Signer:** Karen Shupe

**Title:** Treasurer