# EDGAR Filing Document

**Accession Number:** 0001742912
**File Stem:** 0002000324-25-004449
**Filing Date:** 2025-11
**Character Count:** 15245
**Document Hash:** 76e85b42637582707f1339403a3f23bb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-004449.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0002000324-25-004449

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**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:** 251512175

**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

### SMART Trend 25 ETF (Series ID: S000094703)

| Class ID   | Class Name         | Ticker Symbol   |
|:---|:---|:---|
| C000263238 | SMART Trend 25 ETF | STRN            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **SMART Trend 25 ETF** | **SMART Trend 25 ETF** | **SMART Trend 25 ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| &nbsp;&nbsp;&nbsp;**COMMON STOCKS - 83.7%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;**Financial Services - 17.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Charles Schwab Corp. | 3067 | $292806 |
| &nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. | 1458 | 245644 |
| &nbsp;&nbsp;&nbsp;Robinhood Markets, Inc. - Class A<sup>(a)</sup> | 2266 | 324446 |
|  |  | 862896 |
| &nbsp;&nbsp;&nbsp;**Health Care - 5.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Boston Scientific Corp.<sup>(a)</sup> | 3006 | 293476 |
| &nbsp;&nbsp;&nbsp;**Industrial Products - 7.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Amphenol Corp. | 578 | 71528 |
| &nbsp;&nbsp;&nbsp;GE Aerospace | 992 | 298413 |
|  |  | 369941 |
| &nbsp;&nbsp;&nbsp;**Materials - 7.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Freeport-McMoRan, Inc. | 5159 | 202336 |
| &nbsp;&nbsp;&nbsp;Newmont Corp. | 2136 | 180086 |
|  |  | 382422 |
| &nbsp;&nbsp;&nbsp;**Media - 19.0%** |  |  |
| &nbsp;&nbsp;&nbsp;AppLovin Corp. - Class A<sup>(a)</sup> | 93 | 66824 |
| &nbsp;&nbsp;&nbsp;DoorDash, Inc. - Class A<sup>(a)</sup> | 1081 | 294021 |
| &nbsp;&nbsp;&nbsp;Meta Platforms, Inc. - Class A | 392 | 287877 |
| &nbsp;&nbsp;&nbsp;Netflix, Inc.<sup>(a)</sup> | 241 | 288940 |
|  |  | 937662 |
| &nbsp;&nbsp;&nbsp;**Software & Tech Services - 3.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Intuit, Inc. | 95 | 64876 |
| &nbsp;&nbsp;&nbsp;Palantir Technologies, Inc. - Class A<sup>(a)</sup> | 705 | 128606 |
|  |  | 193482 |
| &nbsp;&nbsp;&nbsp;**Tech Hardware & Semiconductors - 22.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Advanced Micro Devices, Inc.<sup>(a)</sup> | 487 | 78792 |
| &nbsp;&nbsp;&nbsp;Analog Devices, Inc. | 791 | 194349 |
| &nbsp;&nbsp;&nbsp;Arista Networks, Inc.<sup>(a)</sup> | 1567 | 228327 |
| &nbsp;&nbsp;&nbsp;Broadcom, Inc. | 377 | 124376 |
| &nbsp;&nbsp;&nbsp;Corning, Inc. | 1420 | 116482 |
| &nbsp;&nbsp;&nbsp;Dell Technologies, Inc. - Class C | 223 | 31615 |
| &nbsp;&nbsp;&nbsp;KLA Corp. | 53 | 57166 |
| &nbsp;&nbsp;&nbsp;Lam Research Corp. | 464 | 62130 |
| &nbsp;&nbsp;&nbsp;Micron Technology, Inc. | 344 | 57558 |
| &nbsp;&nbsp;&nbsp;NVIDIA Corp. | 754 | 140681 |
|  |  | 1091476 |
| &nbsp;&nbsp;&nbsp;**TOTAL COMMON STOCKS (Cost $3,847,667)** |  | 4131355 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**SHORT-TERM INVESTMENTS - 16.3%** | | |
| &nbsp;&nbsp;&nbsp;**Money Market Funds - 16.3%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;First American Government Obligations Fund - Class X, 4.05%<sup>(b)</sup> | 804382 | $804382 |
| &nbsp;&nbsp;&nbsp;**TOTAL SHORT-TERM INVESTMENTS (Cost $804,382)** |  | 804382 |
| &nbsp;&nbsp;&nbsp;**TOTAL INVESTMENTS - 100.0% (Cost $4,652,049)** |  | $4935737 |
| &nbsp;&nbsp;&nbsp;Liabilities in Excess of Other Assets - 0.0%<sup>(c)</sup> |  | (1248) |
| &nbsp;&nbsp;&nbsp;**TOTAL NET ASSETS - 100.0%** |  | $4934489 |
| &nbsp;&nbsp;&nbsp;Percentages are stated as a percent of net assets. |  |  |

---

(a) Non-income producing security.

(b) The rate shown represents the 7-day annualized effective yield as of September 30, 2025.

(c) Does not round to 0.1% or (0.1)%, as applicable.

## 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:** 8449867676

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

- **a. Name of Series:** Smart Trend 25 ETF

- **b. EDGAR series identifier (if any):** S000094703

- **c. LEI of Series:** 254900VC2FTLULJH3D18

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $4936653.73

**Total Liabilities:** $2165.80

**Net Assets:** $4934487.93

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000263238 |  | 2.08%                | 7.42%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $-0.77                   | $74004.20                                  |
| Month 3  | $108164.55               | $209684.60                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |       487 | NS      | $78791.73     | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |       578 | NS      | $71527.50     | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc             | Analog Devices Inc                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |       791 | NS      | $194348.70    | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                  | AppLovin Corp                              | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |        93 | NS      | $66824.22     | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                        | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      1567 | NS      | $228327.57    | 4.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp         | Boston Scientific Corp                     | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |      3006 | NS      | $293475.78    | 5.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |       377 | NS      | $124376.07    | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      3067 | NS      | $292806.49    | 5.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                    | Corning Inc                                | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      1420 | NS      | $116482.60    | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc          | Dell Technologies Inc                      | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |       223 | NS      | $31614.71     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                   | DoorDash Inc                               | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |      1081 | NS      | $294021.19    | 5.96%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    804382 | NS      | $804381.54    | 16.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc           | Freeport-McMoRan Inc                       | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      5159 | NS      | $202335.98    | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co            | General Electric Co                        | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |       992 | NS      | $298413.44    | 6.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc  | Intercontinental Exchange Inc              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      1458 | NS      | $245643.84    | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |        95 | NS      | $64876.45     | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                       | KLA Corp                                   | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |        53 | NS      | $57165.80     | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp              | Lam Research Corp                          | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |       464 | NS      | $62129.60     | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       392 | NS      | $287876.96    | 5.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |       344 | NS      | $57558.08     | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       241 | NS      | $288939.72    | 5.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      2136 | NS      | $180086.16    | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |       754 | NS      | $140681.32    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |       705 | NS      | $128606.10    | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |      2266 | NS      | $324445.88    | 6.58%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Tidal Trust I

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer