# EDGAR Filing Document

**Accession Number:** 0001552947
**File Stem:** 0001752724-25-148241
**Filing Date:** 2025-6
**Character Count:** 14160
**Document Hash:** aedaca74c9a74886ff6c32e6ad76f356
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-148241.hdr.sgml**: 20250618

**ACCESSION NUMBER**: 0001752724-25-148241

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250618

**DATE AS OF CHANGE**: 20250618

**PERIOD START**: 20251031

**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:** 251056424

**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

### LeaderShares(R) AlphaFactor(R) Tactical Focused ETF (Series ID: S000068214)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000218404 | LeaderShares(R) AlphaFactor(R) Tactical Focused ETF |  |

## 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:** Leadershares Alphafactor Tactical Focused ETF

- **b. EDGAR series identifier (if any):** S000068214

- **c. LEI of Series:** 549300QKZB2GZ6B2G123

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $97955874.66

**Total Liabilities:** $68361.78

**Net Assets:** $97887512.88

**Cash Not Reported:** $127429.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218404 | -1.31%               | -1.69%               | -4.29%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $56062.53                | $-1703771.04                               |
| Month 2  | $37536.59                | $-2172671.98                               |
| Month 3  | $301422.67               | $-4335781.82                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American International Group Inc.      | AMERICAN INTERNA     | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     37574 | NS      | $3063032.48   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet, Inc.                            | AVNET INC            | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |     68095 | NS      | $3199784.05   | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Block(H&R)Inc                          | H&R BLOCK INC        | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     59790 | NS      | $3609522.30   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc                   | BLUE OWL CAPITAL     | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    164681 | NS      | $3051538.93   | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Beer Co Inc                     | BOSTON BEER-A        | CUSIP: 100557107<br>LEI: 529900Q02MQ0DCQNRM58 | Long             | EC               | CORP              | US        |     13650 | NS      | $3355170.00   | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corporation                | BOYD GAMING CORP     | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |     49773 | NS      | $3441305.22   | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.           | CF INDUSTRIES HO     | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     41689 | NS      | $3267166.93   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Choice Hotels International, Inc.      | CHOICE HOTELS        | CUSIP: 169905106<br>LEI: 5493003CYRY5RFGTIR97 | Long             | EC               | CORP              | US        |     24554 | NS      | $3096504.94   | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc.              | COREBRIDGE FINAN     | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |    104036 | NS      | $3082586.68   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                     | EOG RESOURCES        | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     25251 | NS      | $2785942.83   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide, Inc.                | EURONET WORLDWID     | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     30509 | NS      | $3023441.90   | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                         | GLOBE LIFE INC       | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     24928 | NS      | $3074619.52   | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp.                      | HF SINCLAIR CORP     | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |     98517 | NS      | $2962406.19   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                     | HCA HEALTHCARE I     | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      9457 | NS      | $3263421.56   | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                 | HP INC               | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |    118501 | NS      | $3030070.57   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson, Inc.                  | HARLEY-DAVIDSON      | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |    129636 | NS      | $2906439.12   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| HRTI LLC                               | HEALTHCARE REALT     | CUSIP: 42226K105<br>LEI: 549300CB86LH2IOKHH22 | Long             | EC               | CORP              | US        |    193138 | NS      | $2999433.14   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                            | HOLOGIC INC          | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |     52830 | NS      | $3074706.00   | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp.                  | MGIC INVT CORP       | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |    132266 | NS      | $3294746.06   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp.               | MARATHON PETROLE     | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     22481 | NS      | $3089114.21   | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group Inc                        | MATCH GROUP INC      | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |    104696 | NS      | $3105283.36   | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                  | MONSTER BEVERAGE     | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     55626 | NS      | $3344235.12   | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                | NEXSTAR MEDIA        | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     18211 | NS      | $2725458.26   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Corporation | OLD REPUB INTL       | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |     83143 | NS      | $3126176.80   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Inc                            | PREMIER INC-CL A     | CUSIP: 74051N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169597 | NS      | $3451298.95   | 3.53%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusXM Holdings Inc                  | SIRIUS XM HOLDIN     | CUSIP: 829933100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    145627 | NS      | $3119330.34   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings Inc           | SPECTRUM BRANDS      | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |     45739 | NS      | $2886130.90   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel Plus Leisure Co                 | TRAVEL + LEISURE     | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |     71157 | NS      | $3125927.01   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp                  | US FOODS HOLDING     | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     50279 | NS      | $3301319.14   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisign, Inc.                         | VERISIGN INC         | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |     12939 | NS      | $3650350.68   | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BBH SWEEP VEHICLE                      | BBH SWEEP VEHICLE    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |    110094 | PA      | $110094.18    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | SPY US 12/31/25 P485 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |       440 | NC      | $710600.00    | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | SPY US 03/31/26 P500 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |        65 | NC      | $137280.00    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                    | SPY US 03/31/26 P515 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |       950 | NC      | $2347450.00   | 2.40%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-28

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

**Signature:** Laura Szalyga

**Name of Signer:** Laura Szalyga

**Title:** Treasurer