# EDGAR Filing Document

**Accession Number:** 0001484018
**File Stem:** 0002000324-25-003050
**Filing Date:** 2025-8
**Character Count:** 29694
**Document Hash:** 2969e391d42f755d9cea86a41e8b8a60
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-003050.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0002000324-25-003050

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Spinnaker ETF Series
- **CENTRAL INDEX KEY:** 0001484018

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22398
- **FILM NUMBER:** 251249961

**BUSINESS ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069
- **BUSINESS PHONE:** 252-972-9922

**MAIL ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Spinnaker ETF Trust
- **DATE OF NAME CHANGE:** 20100212

## Series and Classes Contracts Data

### Langar Global HealthTech ETF (Series ID: S000082910)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000246254 | Langar Global HealthTech ETF | LGHT            |

## Nport-Ex

---

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| XTR_FUND | XTR_FNDDSC | XTR_TKR | XTR_DESC1 | XTR_DESC2 | OCC_ID | XTR_CUSIP | XTR_GROUP | XTR_GROUP1 | XTR_GROUP2 | XTR_CATGRY | XTR_CATDSC | XTR_SECTOR | XTR_SECTR1 | XTR_SECTR2 | XTR_CONTRY | XTR_CONDSC | XTR_STATE | XTR_STNAME | XTR_CURNCY | XTR_CURDSC | XTR_MATDAT | XTR_SUBUNT | XTR_SUBDSC | XTR_PRICE | XTR_PRISRC | SECTYPE | SECTYPE2 | RPT_ID | INCLUD_CAT | LEGAL1 | LEGAL2 | LEGAL3 | LEGAL4 | LEGAL5 | LEGAL6 | BAS_Q_DECS | BAS_M_DECS | LCL_P_DECS | LCL_Q_DECS | ISBASCURR | POS_INCOM | CLASS | QTYINDIC | FAS_LEVEL | PROCESS_DATE | SECTOR | FUNDCURR | BASECURR | POS_QTY | POS_ORGCST | POS_AMORT | POS_MKTVAL | RND_MKTVAL | POS_GL | RNDPOS_GL | POS_YIELD | YIELDTOCALL | POS_YTM | POS_YTM_NA | POS_PC_PRT | POS_PC_AST | POS_PC_NAS | POS_ORGFAC | FAS_TODAY_ONLY | LEI | PRICE_ID | PRICINGMETHOD |
| 424 | Langar Global Health Tech ETF | DXCM | DEXCOM INC COM |  |  | 252131107 |  | UNGROUPED SECURITIES |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 87.29 |  |  |  |  |  | DEXCOM INC COM |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 2565.00 | 182096.95 | 182096.95 | 223898.85 | 223898.85 | 41801.90 | 41801.90 | 0.00 | False | 0.00 | N/A | 5.64 | 4.98 | 4.98 | 0.00 |  |  | DXCM<br> N | MP |
| 424 | Langar Global Health Tech ETF | BNTX | BioNTech SE |  |  | 09075V102 | 1017 | Biotech |  | COMMSTCK | COMMON STOCK |  |  |  | DEM | GERMANY |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 106.47 |  |  |  |  |  | BioNTech SE |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3980.44 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 1867.00 | 186552.09 | 186552.09 | 198779.49 | 198779.49 | 12227.40 | 12227.40 | 2.00 | False | 0.00 | N/A | 5.00 | 4.42 | 4.42 | 0.00 |  | 894500UZJ5LG1F8J1U58 | BNTX<br> N | MP |
| 424 | Langar Global Health Tech ETF | MRNA | Moderna Inc |  |  | 60770K107 | 1017 | Biotech |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 27.59 |  |  |  |  |  | Moderna Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 3063.00 | 157875.71 | 157875.71 | 84508.17 | 84508.17 | -73367.54 | -73367.54 | 0.00 | False | 0.00 | N/A | 2.13 | 1.88 | 1.88 | 0.00 |  |  | MRNA<br> N | MP |
| 424 | Langar Global Health Tech ETF | ALGN | Align Technology Inc |  |  | 016255101 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 189.33 |  |  |  |  |  | Align Technology Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 581.00 | 123573.16 | 123573.16 | 110000.73 | 110000.73 | -13572.43 | -13572.43 | 0.00 | False | 0.00 | N/A | 2.77 | 2.44 | 2.45 | 0.00 |  |  | ALGN | MP |
| 424 | Langar Global Health Tech ETF | CHEOY | Cochlear Ltd |  |  | 191459205 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | AUD | AUSTRALIA |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 98.64 |  |  |  |  |  | Cochlear Ltd |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 1180.00 | 109620.96 | 109620.96 | 116395.20 | 116395.20 | 6774.24 | 6774.24 | 0.00 | False | 0.00 | N/A | 2.93 | 2.59 | 2.59 | 0.00 |  | 5493001OLLWY8KV5UC08 | CHEOY<br> N | MP |
| 424 | Langar Global Health Tech ETF | PODD | Insulet Corp |  |  | 45784P101 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 314.18 |  |  |  |  |  | Insulet Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 729.00 | 175284.78 | 175284.78 | 229037.22 | 229037.22 | 53752.44 | 53752.44 | 0.00 | False | 0.00 | N/A | 5.77 | 5.09 | 5.09 | 0.00 |  |  | PODD<br> N | MP |
| 424 | Langar Global Health Tech ETF | ISRG | Intuitive Surgical I | nc |  | 46120E602 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 543.41 |  |  |  |  |  | Intuitive Surgical I | nc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 1076.00 | 482430.77 | 482430.77 | 584709.16 | 584709.16 | 102278.39 | 102278.39 | 0.00 | False | 0.00 | N/A | 14.72 | 12.99 | 13.00 | 0.00 |  |  | ISRG<br> N | MP |
| 424 | Langar Global Health Tech ETF | IRTC | iRhythm Technologies | Inc |  | 450056106 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 153.96 |  |  |  |  |  | iRhythm Technologies | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 306.00 | 34758.26 | 34758.26 | 47111.76 | 47111.76 | 12353.50 | 12353.50 | 0.00 | False | 0.00 | N/A | 1.19 | 1.05 | 1.05 | 0.00 |  |  | IRTC<br> N | MP |
| 424 | Langar Global Health Tech ETF | PHG | Koninklijke Philips | NV |  | 500472303 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | NLG | NETHERLANDS |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 23.98 |  |  |  |  |  | Koninklijke Philips | NV |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7686.77 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 8805.00 | 211282.48 | 211282.48 | 211143.90 | 211143.90 | -138.58 | -138.58 | 3.64 | False | 0.00 | N/A | 5.32 | 4.69 | 4.70 | 0.00 |  |  | PHG<br> N | MP |
| 424 | Langar Global Health Tech ETF | MASI | Masimo Corp |  |  | 574795100 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 168.22 |  |  |  |  |  | Masimo Corp |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 735.00 | 109257.90 | 109257.90 | 123641.70 | 123641.70 | 14383.80 | 14383.80 | 0.00 | False | 0.00 | N/A | 3.11 | 2.75 | 2.75 | 0.00 |  |  | MASI<br> N | MP |
| 424 | Langar Global Health Tech ETF | PRCT | PROCEPT BioRobotics | Corp |  | 74276L105 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 57.60 |  |  |  |  |  | PROCEPT BioRobotics | Corp |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 694.00 | 41409.00 | 41409.00 | 39974.40 | 39974.40 | -1434.60 | -1434.60 | 0.00 | False | 0.00 | N/A | 1.01 | 0.89 | 0.89 | 0.00 |  |  | PRCT<br> N | MP |
| 424 | Langar Global Health Tech ETF | RMD | ResMed Inc |  |  | 761152107 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 258.00 |  |  |  |  |  | ResMed Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2417.76 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 1314.00 | 289631.97 | 289631.97 | 339012.00 | 339012.00 | 49380.03 | 49380.03 | 0.71 | False | 0.00 | N/A | 8.54 | 7.53 | 7.54 | 0.00 |  |  | RMD<br> N | MP |
| 424 | Langar Global Health Tech ETF | SMMNY | Siemens Healthineers | AG |  | 82622J104 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | DEM | GERMANY |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 27.74 |  |  |  |  |  | Siemens Healthineers | AG |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 13421.00 | 355998.69 | 355998.69 | 372298.54 | 372298.54 | 16299.85 | 16299.85 | 0.00 | False | 0.00 | N/A | 9.37 | 8.27 | 8.28 | 0.00 |  | 529900QBVWXMWANH7H45 | SMMNY<br> N | MP |
| 424 | Langar Global Health Tech ETF | SONVY | Sonova Holding AG |  |  | 83569C102 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | CHF | SWITZERLAND |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 59.71 |  |  |  |  |  | Sonova Holding AG |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 3927.00 | 239561.53 | 239561.53 | 234481.17 | 234481.17 | -5080.36 | -5080.36 | 0.00 | False | 0.00 | N/A | 5.90 | 5.21 | 5.21 | 0.00 |  | 5299004A0QNX7FBNHS61 | SONVY<br> N | MP |
| 424 | Langar Global Health Tech ETF | TNDM | Tandem Diabetes Care | Inc |  | 875372203 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 18.64 |  |  |  |  |  | Tandem Diabetes Care | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 524.00 | 12838.23 | 12838.23 | 9767.36 | 9767.36 | -3070.87 | -3070.87 | 0.00 | False | 0.00 | N/A | 0.25 | 0.22 | 0.22 | 0.00 |  |  | TNDM<br> N | MP |
| 424 | Langar Global Health Tech ETF | ZBH | Zimmer Biomet Holdin | gs Inc |  | 98956P102 | 1054 | Healthcare-Products |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | IN | INDIANA | USD | US DOLLAR | 1/0/1900 |  |  | 91.21 |  |  |  |  |  | Zimmer Biomet Holdin | gs Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1304.64 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 1359.00 | 148431.77 | 148431.77 | 123954.39 | 123954.39 | -24477.38 | -24477.38 | 1.05 | False | 0.00 | N/A | 3.12 | 2.75 | 2.76 | 0.00 |  |  | ZBH<br> N | MP |
| 424 | Langar Global Health Tech ETF | IQV | IQVIA Holdings Inc |  |  | 46266C105 | 1055 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 1/0/1900 |  |  | 157.59 |  |  |  |  |  | IQVIA Holdings Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 905.00 | 172121.51 | 172121.51 | 142618.95 | 142618.95 | -29502.56 | -29502.56 | 0.00 | False | 0.00 | N/A | 3.59 | 3.17 | 3.17 | 0.00 |  |  | IQV<br> N | MP |
| 424 | Langar Global Health Tech ETF | LFST | LifeStance Health Gr | oup Inc |  | 53228F101 | 1055 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | AZ | ARIZONA | USD | US DOLLAR | 1/0/1900 |  |  | 5.17 |  |  |  |  |  | LifeStance Health Gr | oup Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 960.00 | 6137.87 | 6137.87 | 4963.20 | 4963.20 | -1174.67 | -1174.67 | 0.00 | False | 0.00 | N/A | 0.12 | 0.11 | 0.11 | 0.00 |  |  | LFST<br> N | MP |
| 424 | Langar Global Health Tech ETF | TDOC | Teladoc Inc |  |  | 87918A105 | 1055 | UNKNOWN - AUTOLOADED |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 8.71 |  |  |  |  |  | Teladoc Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 1554.00 | 20198.63 | 20198.63 | 13535.34 | 13535.34 | -6663.29 | -6663.29 | 0.00 | False | 0.00 | N/A | 0.34 | 0.30 | 0.30 | 0.00 |  |  | TDOC<br> N | MP |
| 424 | Langar Global Health Tech ETF | ALHC | Alignment Healthcare | Inc |  | 01625V104 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 14.00 |  |  |  |  |  | Alignment Healthcare | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 670.00 | 8976.46 | 8976.46 | 9380.00 | 9380.00 | 403.54 | 403.54 | 0.00 | False | 0.00 | N/A | 0.24 | 0.21 | 0.21 | 0.00 |  |  | ALHC<br> N | MP |
| 424 | Langar Global Health Tech ETF | DOCS | Doximity Inc |  |  | 26622P107 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 61.34 |  |  |  |  |  | Doximity Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 1987.00 | 96956.87 | 96956.87 | 121882.58 | 121882.58 | 24925.71 | 24925.71 | 0.00 | False | 0.00 | N/A | 3.07 | 2.71 | 2.71 | 0.00 |  |  | DOCS<br> N | MP |
| 424 | Langar Global Health Tech ETF | OMCL | Omnicell Inc |  |  | 68213N109 | 1099 | Application Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 29.40 |  |  |  |  |  | Omnicell Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 404.00 | 13730.34 | 13730.34 | 11877.60 | 11877.60 | -1852.74 | -1852.74 | 0.00 | False | 0.00 | N/A | 0.30 | 0.26 | 0.26 | 0.00 |  |  | OMCL<br> N | MP |
| 424 | Langar Global Health Tech ETF | PHR | PHREESIA INC |  |  | 71944F106 | D50D | Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 1/0/1900 |  |  | 28.46 |  |  |  |  |  | PHREESIA INC |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 393.00 | 9819.56 | 9819.56 | 11184.78 | 11184.78 | 1365.22 | 1365.22 | 0.00 | False | 0.00 | N/A | 0.28 | 0.25 | 0.25 | 0.00 |  |  | PHR<br> N | MP |
| 424 | Langar Global Health Tech ETF | SDGR | SCHRODINGER INC |  |  | 80810D103 | D50D | Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | DE | DELAWARE | USD | US DOLLAR | 1/0/1900 |  |  | 20.12 |  |  |  |  |  | SCHRODINGER INC |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 614.00 | 13885.27 | 13885.27 | 12353.68 | 12353.68 | -1531.59 | -1531.59 | 0.00 | False | 0.00 | N/A | 0.31 | 0.27 | 0.27 | 0.00 |  |  | SDGR<br> N | MP |
| 424 | Langar Global Health Tech ETF | TBRG | TRUEBRIDGE INC |  |  | 205306103 | D50D | Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | DE | DELAWARE | USD | US DOLLAR | 1/0/1900 |  |  | 23.42 |  |  |  |  |  | TRUEBRIDGE INC |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8.80 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 88.00 | 1638.41 | 1638.41 | 2060.96 | 2060.96 | 422.55 | 422.55 | 0.43 | False | 0.00 | N/A | 0.05 | 0.05 | 0.05 | 0.00 |  |  | TBRG<br> N | MP |
| 424 | Langar Global Health Tech ETF | VEEV | Veeva Systems Inc |  |  | 922475108 | D50D | Software |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 1/0/1900 |  |  | 287.98 |  |  |  |  |  | Veeva Systems Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 1068.00 | 230142.26 | 230142.26 | 307562.64 | 307562.64 | 77420.38 | 77420.38 | 0.00 | False | 0.00 | N/A | 7.74 | 6.83 | 6.84 | 0.00 |  |  | VEEV<br> N | MP |
| 424 | Langar Global Health Tech ETF | PGNY | Progyny, Inc |  |  | 74340E103 | G20G | Health Care Services |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 22.00 |  |  |  |  |  | Progyny, Inc |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 521.00 | 14019.75 | 14019.75 | 11462.00 | 11462.00 | -2557.75 | -2557.75 | 0.00 | False | 0.00 | N/A | 0.29 | 0.25 | 0.25 | 0.00 |  |  | PGNY<br> N | MP |
| 424 | Langar Global Health Tech ETF | PRVA | Privia Health Group | Inc |  | 74276R102 | G30G | Med.Tech. & Supplies |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 23.00 |  |  |  |  |  | Privia Health Group | Inc |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 930.00 | 20475.64 | 20475.64 | 21390.00 | 21390.00 | 914.36 | 914.36 | 0.00 | False | 0.00 | N/A | 0.54 | 0.48 | 0.48 | 0.00 |  |  | PRVA<br> N | MP |
| 424 | Langar Global Health Tech ETF | ALKS | Alkermes PLC |  |  | G01767105 | G40G | Pharmaceuticals |  | COMMSTCK | COMMON STOCK |  |  |  | IEP | IRELAND |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 28.61 |  |  |  |  |  | Alkermes PLC |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 1640.00 | 48320.66 | 48320.66 | 46920.40 | 46920.40 | -1400.26 | -1400.26 | 0.00 | False | 0.00 | N/A | 1.18 | 1.04 | 1.04 | 0.00 |  |  | ALKS<br> N | MP |
| 424 | Langar Global Health Tech ETF | GEHC | GE HealthCare | Technologies Inc. |  | 36266G107 | G40G | Pharmaceuticals |  | COMMSTCK | COMMON STOCK |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 74.07 |  |  |  |  |  | GE HealthCare | Technologies Inc. |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 250.02 | L<br> N |  |  | 6/30/2025<br> C |  | 424;USD | USD | 2778.00 | 197736.98 | 197736.98 | 205766.46 | 205766.46 | 8029.48 | 8029.48 | 0.12 | False | 0.00 | N/A | 5.18 | 4.57 | 4.58 | 0.00 |  |  | GEHC<br> N | MP |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SPINNAKER ETF SERIES

- **b. Investment Company Act file number:** 811-22398

- **c. CIK number of Registrant:** 0001484018

- **d. LEI of Registrant:** 54930056GHDI2JOI6X90

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

  - **Street Address 1:** 116 SOUTH FRANKLIN STREET

  - **City:** ROCKY MOUNT

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 27804-5707

  - **Telephone number:** 252-972-9922

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

- **a. Name of Series:** Langar Global Health Tech ETF

- **b. EDGAR series identifier (if any):** S000082910

- **c. LEI of Series:** 529900D9X7OHMO3DS386

**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:** $4499922.53

**Total Liabilities:** $2772.18

**Net Assets:** $4497150.35

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246254 | 0.18%                | 4.15%                | 2.52%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-21000.94               | $157255.65                                 |
| Month 2  | $95398.24                | $44169.93                                  |
| Month 3  | $-23067.38               | $146190.02                                 |

**Designated Index Information**

- **Index Name:** NA

- **Index Identifier:** NA

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Align Technology Inc | COMMSTCK | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |       581 | NS      | $110000.73    | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Alignment Healthcare | COMMSTCK | CUSIP: 01625V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       670 | NS      | $9380.00      | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes PLC         | COMMSTCK | CUSIP: G01767105<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      1640 | NS      | $46920.40     | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BioNTech SE          | COMMSTCK | CUSIP: 09075V102<br>LEI: N/A                  | Long             | EC               | CORP              | DE        |      1867 | NS      | $198779.49    | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Cochlear Ltd         | COMMSTCK | CUSIP: 191459205<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |      1180 | NS      | $116395.20    | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc         | COMMSTCK | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1987 | NS      | $121882.58    | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| DEXCOM INC COM       | COMMSTCK | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      2565 | NS      | $223898.85    | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare        | COMMSTCK | CUSIP: 36266G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2778 | NS      | $205766.46    | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc   | COMMSTCK | CUSIP: 46266C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       905 | NS      | $142618.95    | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| iRhythm Technologies | COMMSTCK | CUSIP: 450056106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       306 | NS      | $47111.76     | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical I | COMMSTCK | CUSIP: 46120E602<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1076 | NS      | $584709.16    | 13.00%            |  |  |  | No            |                  1 | On Loan: No      |
| LifeStance Health Gr | COMMSTCK | CUSIP: 53228F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       960 | NS      | $4963.20      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Masimo Corp          | COMMSTCK | CUSIP: 574795100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       735 | NS      | $123641.70    | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Moderna Inc          | COMMSTCK | CUSIP: 60770K107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3063 | NS      | $84508.17     | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicell Inc         | COMMSTCK | CUSIP: 68213N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       404 | NS      | $11877.60     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Progyny Inc          | COMMSTCK | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       521 | NS      | $11462.00     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Philips  | COMMSTCK | CUSIP: 500472303<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |      8805 | NS      | $211143.90    | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| PHREESIA INC         | COMMSTCK | CUSIP: 71944F106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       393 | NS      | $11184.78     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp         | COMMSTCK | CUSIP: 45784P101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       729 | NS      | $229037.22    | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCEPT BioRobotics  | COMMSTCK | CUSIP: 74276L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       694 | NS      | $39974.40     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group  | COMMSTCK | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       930 | NS      | $21390.00     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc           | COMMSTCK | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      1314 | NS      | $339012.00    | 7.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHRODINGER INC      | COMMSTCK | CUSIP: 80810D103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       614 | NS      | $12353.68     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Healthineers | COMMSTCK | CUSIP: 82622J104<br>LEI: N/A                  | Long             | EC               | CORP              | DE        |     13421 | NS      | $372298.54    | 8.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonova Holding AG    | COMMSTCK | CUSIP: 83569C102<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |      3927 | NS      | $234481.17    | 5.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TRUEBRIDGE INC       | COMMSTCK | CUSIP: 205306103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        88 | NS      | $2060.96      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Teladoc Inc          | COMMSTCK | CUSIP: 87918A105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1554 | NS      | $13535.34     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Tandem Diabetes Care | COMMSTCK | CUSIP: 875372203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       524 | NS      | $9767.36      | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc    | COMMSTCK | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      1068 | NS      | $307562.64    | 6.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdin | COMMSTCK | CUSIP: 98956P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1359 | NS      | $123954.39    | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-13

**Name of Applicant:** Spinnaker ETF Series

**Signature:** Pete Mccabe

**Name of Signer:** Pete Mccabe

**Title:** Principal Accounting Officer/Principal Financial Officer