# EDGAR Filing Document

**Accession Number:** 0001552947
**File Stem:** 0000910472-26-004340
**Filing Date:** 2026-3
**Character Count:** 18445
**Document Hash:** c3aedcf044d6576d5d390b89a5367706
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-004340.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0000910472-26-004340

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Two Roads Shared Trust
- **CENTRAL INDEX KEY:** 0001552947

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22718
- **FILM NUMBER:** 26807806

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Anfield U.S. Equity Sector Rotation ETF (Series ID: S000067047)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000215718 | Anfield U.S. Equity Sector Rotation ETF |  |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** | **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** | **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **January 31, 2026** | **January 31, 2026** | **January 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 13.5%** |  |
|  | **AEROSPACE & DEFENSE - 2.2%** |  |
| 3253 | General Electric Company<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $997988 |
| 2985 | Huntington Ingalls Industries, Inc. <sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1255222 |
| 3325 | Woodward, Inc. <sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1056818 |
|  |  | &nbsp;&nbsp; 3310028 |
|  | **ASSET MANAGEMENT - 0.6%** |  |
| 3042 | Affiliated Managers Group, Inc. <sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 952420 |
|  | **BIOTECH & PHARMA - 0.6%** |  |
| 41925 | Roivant Sciences Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 906419 |
|  | **CHEMICALS - 0.6%** |  |
| 1347 | NewMarket Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 903554 |
|  | **ENTERTAINMENT CONTENT - 0.6%** |  |
| 4726 | Electronic Arts, Inc. <sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 963726 |
|  | **INDUSTRIAL INTERMEDIATE PROD - 0.7%** |  |
| 2167 | RBC Bearings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1082785 |
|  | **INDUSTRIAL SUPPORT SERVICES - 0.7%** |  |
| 23043 | Fastenal Company<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 999144 |
|  | **INSTITUTIONAL FINANCIAL SERVICES - 0.7%** |  |
| 10295 | Nasdaq, Inc. <sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 997482 |
|  | **INSURANCE - 0.7%** |  |
| 9194 | Loews Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 970611 |
|  | **METALS & MINING - 1.4%** |  |
| 11572 | Anglogold Ashanti plc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1074692 |
| 9819 | Newmont Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1103164 |
|  |  | &nbsp;&nbsp; 2177856 |

---

---

| | | |
|:---|:---|:---|
| **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** | **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** | **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **January 31, 2026** | **January 31, 2026** | **January 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 13.5% (Continued)** |  |
|  | **SEMICONDUCTORS - 1.5%** |  |
| 4817 | Advanced Micro Devices, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $1140329 |
| 5646 | NVIDIA Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1079120 |
|  |  | &nbsp;&nbsp; 2219449 |
|  | **SOFTWARE - 1.2%** |  |
| 5311 | Palantir Technologies, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 778539 |
| 45386 | QXO, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1006662 |
|  |  | &nbsp;&nbsp; 1785201 |
|  | **SPECIALTY FINANCE - 0.6%** |  |
| 53077 | Rocket Companies, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 951671 |
|  | **TECHNOLOGY HARDWARE - 0.7%** |  |
| 2841 | Lumentum Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1113217 |
|  | **TELECOMMUNICATIONS - 0.7%** |  |
| 18259 | Millicom International Cellular S.A. <sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1114347 |
|  | **TOTAL COMMON STOCKS (Cost $17,987,704)** | &nbsp;&nbsp; 20447910 |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 86.0%** |  |
|  | **EQUITY - 86.0%** |  |
| 105092 | ARK Next Generation Internet ETF | &nbsp;&nbsp;&nbsp; 14388146 |
| 55302 | GLOBAL X MLP ETF | &nbsp;&nbsp;&nbsp; 2847500 |
| 36155 | Invesco KBW Bank ETF | &nbsp;&nbsp;&nbsp; 3116561 |
| 85435 | iShares Semiconductor ETF | &nbsp;&nbsp;&nbsp; 29586140 |
| 54708 | iShares U.S. Medical Devices ETF | &nbsp;&nbsp;&nbsp; 3286857 |
| 130365 | iShares US Pharmaceuticals ETF | &nbsp;&nbsp;&nbsp; 11300038 |
| 32573 | SPDR S&P 500 ETF | &nbsp;&nbsp;&nbsp; 22539539 |
| 255024 | State Street Communication Services Select Sector | &nbsp;&nbsp;&nbsp; 30623282 |
| 37482 | State Street Consumer Discretionary Select Sector | &nbsp;&nbsp;&nbsp; 4541694 |

---

---

| | | |
|:---|:---|:---|
| **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** | **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** | **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **January 31, 2026** | **January 31, 2026** | **January 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 86.0% (Continued)**<br> **EQUITY – 86.0% (Continued)** |  |
| 33553 | State Street Industrial Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp; $5551008 |
| 49884 | State Street Utilities Select Sector SPDR ETF | &nbsp;&nbsp;&nbsp; 2157483 |
|  |  | &nbsp;&nbsp; 129938248 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $107,986,217)** | &nbsp;&nbsp; 129938248 |
|  | **TOTAL INVESTMENTS - 99.5% (Cost $125,973,921)** | &nbsp;&nbsp;&nbsp; $150386158 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.5%** | &nbsp;&nbsp; 785918 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $151172076 |

---

---

| | |
|:---|:---|
| ETF | - Exchange-Traded Fund |
| LTD | - Limited Company |
| PLC | - Public Limited Company |
| S.A. | - Société Anonyme |
| SPDR | - Standard & Poor's Depositary Receipt |

---

<sup>(a)</sup> Non-income producing security.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Two Roads Shared Trust

- **b. Investment Company Act file number:** 811-22718

- **c. CIK number of Registrant:** 0001552947

- **d. LEI of Registrant:** 549300REHU8QC2CK4V30

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 402-895-1600

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

- **a. Name of Series:** Anfield US Equity Sector Rotation ETF

- **b. EDGAR series identifier (if any):** S000067047

- **c. LEI of Series:** 549300NDF0K5C4SFNU15

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $151296108.98

**Total Liabilities:** $124032.50

**Net Assets:** $151172076.48

**Cash Not Reported:** $904421.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000215718 | -1.90%               | 1.18%                | 3.72%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1231863.19              | $-4070369.29                               |
| Month 2  | $2369458.56              | $-1028511.27                               |
| Month 3  | $-250318.86              | $5265569.68                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ARK ETF Trust                         | ARK NEXT GENERAT | CUSIP: 00214Q401<br>LEI: 2549000Z0EWMH3U0CQ16 | Long             | EC               | RF                | US        |    105092 | NS      | $14388145.72  | 9.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc.           | ADV MICRO DEVICE | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      4817 | NS      | $1140328.41   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Affiliated Managers Group, Inc.       | AFFIL MANAGERS   | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |      3042 | NS      | $952419.78    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.                  | ELECTRONIC ARTS  | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      4726 | NS      | $963725.92    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                          | FASTENAL CO      | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     23043 | NS      | $999144.48    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                          | GENERAL ELECTRIC | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      3253 | NS      | $997987.87    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X Funds                        | GLOBAL X MLP ETF | CUSIP: 37954Y343<br>LEI: 5493003RA4QUTSYF1N15 | Long             | EC               | RF                | US        |     55302 | NS      | $2847499.98   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries, Inc.   | HUNTINGTON INGAL | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      2985 | NS      | $1255222.35   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange Traded Fund Trust II | INVESCO KBW BANK | CUSIP: 46138E628<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |     36155 | NS      | $3116561.00   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                         | ISHARES SEMICOND | CUSIP: 464287523<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     85435 | NS      | $29586140.50  | 19.57%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                         | ISHARES U.S. MED | CUSIP: 464288810<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     54708 | NS      | $3286856.64   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                         | ISHARES US PHARM | CUSIP: 464288836<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    130365 | NS      | $11300038.20  | 7.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corporation                     | LOEWS CORP       | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |      9194 | NS      | $970610.58    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc.                | LUMENTUM HOL     | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |      2841 | NS      | $1113217.44   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                            | NASDAQ INC       | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     10295 | NS      | $997482.55    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmarket Corporation                 | NEWMARKET CORP   | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |      1347 | NS      | $903554.13    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation                   | NEWMONT CORP     | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      9819 | NS      | $1103164.65   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                          | NVIDIA CORP      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      5646 | NS      | $1079119.98   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc             | PALANTIR TECHN-A | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      5311 | NS      | $778539.49    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                      | RBC BEARINGS INC | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2167 | NS      | $1082784.89   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Companies Inc                  | ROCKET COS INC-A | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53077 | NS      | $951670.61    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Spdr S&p 500 Etf Trust   | SS S&P 500 ET-US | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |     32573 | NS      | $22539538.81  | 14.91%            |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust              | SS CONSUMER DISC | CUSIP: 81369Y407<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |     37482 | NS      | $4541693.94   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust              | SS INDUSTRIAL    | CUSIP: 81369Y704<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |     33553 | NS      | $5551008.32   | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust              | SS COMM SLCT ETF | CUSIP: 81369Y852<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |    255024 | NS      | $30623281.92  | 20.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust              | SS UTILITIES SEL | CUSIP: 81369Y886<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |     49884 | NS      | $2157483.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| QXO Inc                               | QXO INC          | CUSIP: 82846H405<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45386 | NS      | $1006661.48   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc.                         | WOODWARD INC     | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |      3325 | NS      | $1056818.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti PLC                 | ANGLOGOLD ASHANT | CUSIP: G0378L100<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |     11572 | NS      | $1074691.64   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Roivant Sciences Ltd                  | ROIVANT SCIENCES | CUSIP: G76279101<br>LEI: 549300DL466NY5J6U724 | Long             | EC               | CORP              | BM        |     41925 | NS      | $906418.50    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellular SA    | MILLICOM INTL    | CUSIP: L6388F110<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |     18259 | NS      | $1114346.77   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** Two Roads Shared Trust

**Signature:** Laura Szalyga

**Name of Signer:** Laura Szalyga

**Title:** Treasurer