# EDGAR Filing Document

**Accession Number:** 0001796383
**File Stem:** 0001145549-23-008041
**Filing Date:** 2023-2
**Character Count:** 44444
**Document Hash:** 5c58071fa506ff4e25bfbc8ff43da5e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-008041.hdr.sgml**: 20230222

**ACCESSION NUMBER**: 0001145549-23-008041

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230222

**DATE AS OF CHANGE**: 20230222

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Siren ETF Trust
- **CENTRAL INDEX KEY:** 0001796383
- **IRS NUMBER:** 876782265
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23502
- **FILM NUMBER:** 23652133

**BUSINESS ADDRESS:**
- **STREET 1:** 2600 PHILMONT AVENUE
- **STREET 2:** SUITE 215
- **CITY:** HUNTINGDON VALLEY
- **STATE:** PA
- **ZIP:** 19006
- **BUSINESS PHONE:** (215) 914-1970

**MAIL ADDRESS:**
- **STREET 1:** 2600 PHILMONT AVENUE
- **STREET 2:** SUITE 215
- **CITY:** HUNTINGDON VALLEY
- **STATE:** PA
- **ZIP:** 19006

## Series and Classes Contracts Data

### Siren Nasdaq NexGen Economy ETF (Series ID: S000069719)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000222396 | Siren Nasdaq NexGen Economy ETF | BLCN            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| Siren DIVCON Leaders Dividend ETF | Siren DIVCON Leaders Dividend ETF |  |
| **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** |  |
| **December 31, 2022 (Unaudited)** | **December 31, 2022 (Unaudited)** |  |
| ***Number of Shares*** |  | ***Value*** |
| **COMMON STOCKS 98.5%** | **COMMON STOCKS 98.5%** |  |
|  | *Consumer Discretionary 5.7%* |  |
| 2884 | Lowe's Companies, Inc. | $574608 |
| 3180 | Pool Corp. | 961410 |
| 1889 | The Home Depot, Inc. | 596660 |
|  |  | 2132678 |
|  | *Consumer Staples 3.0%* |  |
| 6987 | Sysco Corp. | 534156 |
| 13117 | The Kroger Co. | 584756 |
|  |  | 1118912 |
|  | *Energy 5.9%* |  |
| 3347 | Chevron Corp. | 600753 |
| 5313 | Marathon Petroleum Corp. | 618380 |
| 9829 | Phillips 66 | 1023002 |
|  |  | 2242135 |
|  | *Financials 10.4%* |  |
| 1961 | Aon PLC - Class A | 588574 |
| 3522 | Marsh & McLennan Companies, Inc. | 582821 |
| 2885 | Mastercard, Inc. - Class A | 1003201 |
| 9013 | Nasdaq, Inc. | 552948 |
| 2952 | Visa, Inc. - Class A | 613308 |
| 8098 | W. R. Berkley Corp. | 587672 |
|  |  | 3928524 |
|  | *Health Care 12.7%* |  |
| 5583 | Abbott Laboratories | 612958 |
| 3993 | Agilent Technologies, Inc. | 597553 |
| 1848 | Elevance Health, Inc. | 947968 |
| 2259 | McKesson Corp. | 847396 |
| 1121 | UnitedHealth Group, Inc. | 594332 |
| 2526 | West Pharmaceutical Services, Inc. | 594494 |
| 4095 | Zoetis, Inc. | 600122 |
|  |  | 4794823 |
|  | *Industrials 24.5%* |  |
| 7396 | Amphenol Corp. - Class A | 563131 |
| 2159 | Cintas Corp. | 975047 |
| 5924 | Expeditors International of Washington, Inc. | 615622 |
| 11037 | Fastenal Co. | 522271 |
| 5374 | J.B. Hunt Transport Services, Inc. | 937011 |
| 4690 | Nordson Corp. | 1114907 |
| 3552 | Old Dominion Freight Line, Inc. | 1007987 |
| 8055 | Robert Half International, Inc. | 594701 |
| 4072 | Snap-on, Inc. | 930411 |
| 4778 | TE Connectivity Ltd. | 548514 |
| 3148 | United Parcel Service, Inc. - Class B | 547248 |
| 1636 | W.W. Grainger, Inc. | 910025 |
|  |  | 9266875 |
|  | *Materials 4.1%* |  |
| 3067 | Linde PLC | 1000394 |
| 4110 | Nucor Corp. | 541739 |
|  |  | 1542133 |
|  | *Real Estate 2.5%* |  |
| 8478 | Prologis, Inc. | 955725 |
|  | *Technology 29.7%* |  |
| 3659 | Analog Devices, Inc. | 600186 |
| 3410 | Accenture PLC - Class A | 909924 |
| 4222 | Apple, Inc. | 548564 |
| 6022 | Applied Materials, Inc. | 586422 |
| 1867 | Broadcom, Inc. | 1043896 |
| 5162 | CDW Corporation of Delaware | 921830 |
| 9667 | Cognizant Technology Solutions Corp. - Class A | 552856 |
| 20186 | HP, Inc. | 542398 |
| 1484 | Intuit, Inc. | 577603 |
| 1644 | KLA Corp. | 619837 |
| 2254 | Lam Research Corp. | 947356 |
| 8612 | Microchip Technology, Inc. | 604993 |
| 2411 | Microsoft Corp. | 578206 |
| 2643 | Monolithic Power Systems, Inc. | 934591 |
| 1494 | MSCI, Inc. | 694964 |
| 3464 | Texas Instruments, Inc. | 572322 |
|  |  | 11235948 |
|  | **Total Common Stocks** |  |
|  | &nbsp;&nbsp;&nbsp; (Cost $39,435,057) | **37217753** |
| **MONEY MARKET FUNDS 1.5%** | **MONEY MARKET FUNDS 1.5%** |  |
| 580074 | First American Government Obligations Fund, 4.11% (a) | 580074 |
|  | **Total Money Market Funds** |  |
|  | &nbsp;&nbsp;&nbsp; (Cost $580,074) | **580074** |
|  | **Total Investments 100%** |  |
|  | &nbsp;&nbsp;&nbsp; (Cost $40,015,131) | **37797827** |
|  | Other Assets in Excess of Liabilities 0.0% | 15771 |
|  | **TOTAL NET ASSETS 100.0%** | $**37813598** |
| (a) | 7-day net yield at December 31, 2022. |  |

---

------

---

| | | |
|:---|:---|:---|
| Siren DIVCON Dividend Defender ETF | Siren DIVCON Dividend Defender ETF |  |
| **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** |  |
| **December 31, 2022 (Unaudited)** | **December 31, 2022 (Unaudited)** |  |
| ***Number of Shares*** |  | ***Value*** |
| **COMMON STOCKS 70.7%** | **COMMON STOCKS 70.7%** |  |
|  | *Consumer Discretionary 4.1%* |  |
| 1029 | Lowe's Companies, Inc. | $205018 |
| 705 | Pool Corp. (a) | 213143 |
| 673 | The Home Depot, Inc. | 212574 |
|  |  | 630735 |
|  | *Consumer Staples 2.6%* |  |
| 2490 | Sysco Corp. | 190361 |
| 4675 | The Kroger Co. | 208411 |
|  |  | 398772 |
|  | *Energy 4.2%* |  |
| 1192 | Chevron Corp. | 213952 |
| 1894 | Marathon Petroleum Corp. | 220443 |
| 2077 | Phillips 66 | 216174 |
|  |  | 650569 |
|  | *Financials 8.2%* |  |
| 698 | Aon PLC - Class A | 209498 |
| 1255 | Marsh & McLennan Companies, Inc. | 207677 |
| 636 | Mastercard, Inc. - Class A | 221156 |
| 3212 | Nasdaq, Inc. | 197056 |
| 1052 | Visa, Inc. - Class A | 218564 |
| 2886 | W. R. Berkley Corp. | 209437 |
|  |  | 1263388 |
|  | *Health Care 9.7%* |  |
| 1980 | Abbott Laboratories | 217384 |
| 1523 | Agilent Technologies, Inc. | 227917 |
| 409 | Elevance Health, Inc. | 209805 |
| 523 | McKesson Corp. | 196188 |
| 400 | UnitedHealth Group, Inc. | 212072 |
| 900 | West Pharmaceutical Services, Inc. (a) | 211815 |
| 1459 | Zoetis, Inc. (a) | 213816 |
|  |  | 1488997 |
|  | *Industrials 16.4%* |  |
| 2636 | Amphenol Corp. - Class A (a) | 200705 |
| 484 | Cintas Corp. (a) | 218584 |
| 2112 | Expeditors International of Washington, Inc. | 219479 |
| 4148 | Fastenal Co. | 196283 |
| 1202 | J.B. Hunt Transport Services, Inc. (a) | 209581 |
| 984 | Nordson Corp. (a) | 233917 |
| 803 | Old Dominion Freight Line, Inc. | 227875 |
| 2871 | Robert Half International, Inc. | 211966 |
| 881 | Snap-on, Inc. (a) | 201300 |
| 1703 | TE Connectivity Ltd. | 195504 |
| 1122 | United Parcel Service, Inc. - Class B (a) | 195049 |
| 365 | W.W. Grainger, Inc. | 203031 |
|  |  | 2513274 |
|  | *Materials 2.6%* |  |
| 630 | Linde PLC | 205493 |
| 1456 | Nucor Corp. | 191915 |
|  |  | 397408 |
|  | *Real Estate 1.4%* |  |
| 1845 | Prologis, Inc. | 207987 |
|  | *Technology 21.5%* |  |
| 752 | Accenture PLC - Class A (a) | 200664 |
| 1304 | Analog Devices, Inc. | 213895 |
| 1542 | Apple, Inc. (a) | 200352 |
| 2146 | Applied Materials, Inc. | 208978 |
| 415 | Broadcom, Inc. | 232039 |
| 1127 | CDW Corporation of Delaware (a) | 201259 |
| 3446 | Cognizant Technology Solutions Corp. - Class A | 197077 |
| 7195 | HP, Inc. (a) | 193330 |
| 534 | Intuit, Inc. (a) | 207844 |
| 577 | KLA Corp. (a) | 217546 |
| 482 | Lam Research Corp. (a) | 202585 |
| 3070 | Microchip Technology, Inc. | 215668 |
| 859 | Microsoft Corp. (a) | 206005 |
| 586 | Monolithic Power Systems, Inc. | 207215 |
| 405 | MSCI, Inc. (a) | 188394 |
| 1234 | Texas Instruments, Inc. (a) | 203881 |
|  |  | 3296732 |
|  | **Total Common Stocks** |  |
|  | &nbsp;&nbsp;&nbsp; (Cost $11,346,190) | **10847862** |
| **MONEY MARKET FUNDS 32.4%** | **MONEY MARKET FUNDS 32.4%** |  |
| 4982162 | First American Government Obligations Fund, 4.11% (b) | 4982162 |
|  | **Total Money Market Funds** |  |
|  | &nbsp;&nbsp;&nbsp; (Cost $4,982,162) | **4982162** |
|  | **Total Investments Before Securities Sold Short** <br>|  |
|  | &nbsp;&nbsp;&nbsp; (Cost $16,328,352) | **15830024** |
| **SECURITIES SOLD SHORT** | **SECURITIES SOLD SHORT** |  |
| **COMMON STOCKS (24.0%)** | **COMMON STOCKS (24.0%)** |  |
|  | *Communications (2.7)%* |  |
| (8848 | AT&T, Inc. | (162892) |
| (7347 | News Corp. - Class B | (135479) |
| (6946 | Paramount Global - Class B | (117248) |
|  |  | (415619) |
|  | *Consumer Discretionary (6.2)%* |  |
| (3173 | Bath & Body Works, Inc. | (133710) |
| (9890 | Ford Motor Co. | (115021) |
| (4216 | General Motors Co. | (141826) |
| (4165 | MGM Resorts International | (139652) |
| (10808 | Newell Brands, Inc. | (141369) |
| (3740 | Tapestry, Inc. | (142419) |
| (5112 | VF Corp. | (141142) |
|  |  | (955139) |
|  | *Consumer Staples (1.2)%* |  |
| (4537 | The Kraft Heinz Co. | (184701) |
|  | *Energy (0.7)%* |  |
| (3349 | EQT Corp. | (113297) |
|  | *Financials (1.9)%* |  |
| (1581 | Capital One Financial Corp. | (146970) |
| (8015 | Invesco Ltd. | (144190) |
|  |  | (291160) |
|  | *Health Care (3.1)%* |  |
| (6056 | Organon & Co. | (169144) |
| (1008 | PerkinElmer, Inc. | (141342) |
| (1205 | Universal Health Services, Inc. - Class B | (169772) |
|  |  | (480258) |
|  | *Industrials (1.4)%* |  |
| (2540 | General Electric Co. | (212827) |
|  | *Material (1.0)%* |  |
| (4061 | Freeport-McMoRan, Inc. | (154318) |
|  | *Utilities (5.8)%* |  |
| (6093 | CenterPoint Energy, Inc. | (182729) |
| (2676 | Dominion Energy, Inc. | (164093) |
| (1604 | DTE Energy Co. | (188518) |
| (4018 | Exelon Corp. | (173698) |
| (6000 | PPL Corp. | (175320) |
|  |  | (884358) |
|  | **Total Securities Sold Short** |  |
|  | &nbsp;&nbsp;&nbsp; [Proceeds $(3877757)] | **(3691677)** |
|  | **Total Investments 79.1%** |  |
|  | &nbsp;&nbsp;&nbsp; (Cost $12,450,595) | **12138347** |
|  | Other Assets in Excess of Liabilities 20.9% | 3216948 |
|  | **TOTAL NET ASSETS 100.0%** | $**15355295** |
| (a) | Substantially all the securities, or a portion thereof, have been pledged as collateral for open short positions by the Fund. The aggregate market value of the collateral at December 31, 2022 was $7,131,437 which includes cash in the amount of $3,211,667. |  |
| (b) | 7-day net yield at December 31, 2022. |  |

---

------

---

| | | |
|:---|:---|:---|
| Siren Nasdaq NexGen Economy ETF | Siren Nasdaq NexGen Economy ETF |  |
| **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** |  |
| **December 31, 2022 (Unaudited)** | **December 31, 2022 (Unaudited)** |  |
| ***Number of Shares*** |  | ***Value*** |
| **COMMON STOCKS 99.3%** | **COMMON STOCKS 99.3%** |  |
|  | *Communications 11.2%* |  |
| 14108 | Baidu, Inc. - ADR (b) | $1613673 |
| 52155 | Digital Garage, Inc. (a) | 1818113 |
| 104823 | GMO Internet, Inc. (a) | 1969624 |
| 10158 | Meta Platforms, Inc. - Class A (b) | 1222414 |
| 2462 | Swisscom AG (a) | 1348888 |
| 41466 | Tencent Holdings Ltd. (a) | 1774356 |
|  |  | 9747068 |
|  | *Consumer Discretionary 6.9%* |  |
| 18073 | Alibaba Group Holding Ltd. - ADR (b) | 1592051 |
| 28230 | JD.com, Inc. - ADR (b) | 1584550 |
| 83156 | Overstock.com, Inc. (b) | 1609900 |
| 281825 | Rakuten Group, Inc. (a) | 1279851 |
|  |  | 6066352 |
|  | *Consumer Staples 1.3%* |  |
| 8011 | Walmart, Inc. | 1135880 |
|  | *Financials 39.5%* |  |
| 9623 | American Express Co. | 1421798 |
| 29443 | Citigroup, Inc. | 1331707 |
| 57059 | Coinbase Global, Inc. - Class A (b) | 2019318 |
| 49839 | Customers Bancorp, Inc. (b) | 1412437 |
| 7382 | Deutsche Boerse AG (a) | 1275388 |
| 511518 | Galaxy Digital Holdings Ltd. (a)(b) | 1462020 |
| 13028 | Intercontinental Exchange, Inc. | 1336543 |
| 13192 | JPMorgan Chase & Co. | 1769047 |
| 4731 | Mastercard, Inc. - Class A | 1645111 |
| 24624 | Nasdaq, Inc. | 1510682 |
| 377363 | NU Holdings Ltd. (b) | 1535867 |
| 25802 | PayPal Holdings, Inc. (b) | 1837618 |
| 61329 | Plus500 Ltd. (a) | 1337559 |
| 176566 | Robinhood Markets, Inc. - Class A (b) | 1437247 |
| 92549 | SBI Holdings, Inc. (a) | 1774961 |
| 13090 | Signature Bank/New York NY | 1508230 |
| 84996 | Silvergate Capital Corp. - Class A (b) | 1478930 |
| 28984 | The Bank of New York Mellon Corp. | 1319352 |
| 3353 | The Goldman Sachs Group, Inc. | 1151353 |
| 7576 | Visa, Inc. - Class A | 1573990 |
| 24196 | Vontobel Holding AG | 1604082 |
| 223670 | WisdomTree Investments, Inc. | 1219002 |
| 543003 | ZhongAn Online P&C Insurance Co. Ltd. (a)(b) | 1495694 |
|  |  | 34457936 |
|  | *Industrials 3.0%* |  |
| 29118 | Hitachi Ltd. (a) | 1484521 |
| 8109 | Siemens AG (a) | 1125307 |
|  |  | 2609828 |
|  | *Technology 37.4%* |  |
| 6485 | Accenture PLC - Class A | 1730457 |
| 30234 | Advanced Micro Devices, Inc. (b) | 1958256 |
| 722023 | Bakkt Holdings, Inc. (b) | 859207 |
| 19418 | Block, Inc. (b) | 1220227 |
| 10797 | Broadridge Financial Solutions, Inc. | 1448202 |
| 602211 | Canaan, Inc. (b) | 1240555 |
| 32814 | Cisco Systems, Inc. | 1563259 |
| 12169 | Fujitsu Ltd. (a) | 1633320 |
| 98201 | Hewlett Packard Enterprise Co. | 1567288 |
| 73061 | Infosys Ltd. - ADR | 1315829 |
| 8131 | International Business Machines Corp. | 1145576 |
| 392875 | Marathon Digital Holdings, Inc. (b) | 1343633 |
| 23157 | Micron Technology, Inc. | 1157387 |
| 6904 | Microsoft Corp. | 1655717 |
| 578 | MicroStrategy, Inc. (b) | 81828 |
| 100013 | NTT Data Corp. (a) | 1472303 |
| 10035 | NVIDIA Corp. | 1466515 |
| 259014 | OneConnect Financial Technology Co. Ltd. (b) | 1375365 |
| 14528 | Oracle Corp. | 1187519 |
| 1348 | Samsung Electronics Co. Ltd. - GDR 144A (c) | 1489540 |
| 16472 | SAP SE - ADR | 1699746 |
| 17378 | Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | 1294487 |
| 7805 | Texas Instruments, Inc. | 1289542 |
| 554485 | Z Holdings Corp. (a) | 1402690 |
|  |  | 32598448 |
|  | **Total Common Stocks** |  |
|  | &nbsp;&nbsp;&nbsp; (Cost $95,741,969) | **86615512** |
| **MONEY MARKET FUNDS 0.4%** | **MONEY MARKET FUNDS 0.4%** |  |
| 313363 | First American Government Obligations Fund, 4.11% (d) | 313363 |
|  | **Total Money Market Funds** |  |
|  | &nbsp;&nbsp;&nbsp; (Cost $313,363) | **313363** |
|  | **Total Investments 99.7%** |  |
|  | &nbsp;&nbsp;&nbsp; (Cost $96,055,332) | **86928875** |
|  | Other Assets in Excess of Liabilities 0.3% | 277205 |
|  | **TOTAL NET ASSETS 100.0%** | $**87206080** |
| (a) | U.S.-dollar denominated security of a foreign issuer. |  |
| (b) | Non-Income Producing. |  |
| (c) | Security was purchased pursuant to Rule 144 under the securities Act of 1933 and may not be resold subject to the rule except to qualified institutional buyers. Unless otherwise noted, 144 securities are deemed to be liquid. At December 31, 2022, the net value of these securities amounted to $1,489,540, which represents 1.7% of net assets. |  |
| (d) | 7-day net yield at December 31, 2022. |  |
|  | ADR - American Depositary Receipt |  |
|  | GDR - Global Depositary Receipt |  |

---

------

The net asset value ("NAV") per share of each Fund is calculated each business day as of the close of regular trading on the New York Stock Exchange ("NYSE"), generally 4:00 p.m., Eastern Time. The NAV per share of each Fund is calculated by dividing the sum of the value of the securities held by the Fund, plus cash and other assets, minus all liabilities (including estimated accrued expenses) by the total number of shares outstanding for the Fund, rounded to the nearest cent. The Funds' shares will not be priced on the days on which the NYSE is closed for trading. The offering and redemption price per share for each Fund is equal to the NAV per share.

Securities held by the Funds are valued at market quotations when reliable market quotations are readily available. Exchange traded securities and instruments (including equity securities, depositary receipts and ETFs) are generally valued at the last reported sale price on the principal exchange on which such securities are traded (at the NASDAQ Official Closing Price for NASDAQ listed securities), as of the close of regular trading on the NYSE on the day the securities are being valued or, if there are no sales, at the mean of the most recent bid and asked prices. Over-the-counter ("OTC") securities and instruments not traded on an exchange are generally valued at the last traded price. In the absence of a recorded transaction sale price or if the last sale price is unavailable, OTC securities are valued at the mean between last bid and ask, as quoted. If an ask price for an OTC security is unavailable, the last bid price is used. Such valuations would typically be categorized as Level 1 or Level 2 in the fair value hierarchy described below.

When reliable market quotations are not readily available, securities are priced at their fair value in accordance with the Trust's valuation procedures, which were approved by the Trustees. The Funds may use fair value pricing in a variety of circumstances, including but not limited to, situations when the value of a Fund's security has been materially affected by events occurring after the close of the market on which such security is principally traded (such as a corporate action or other news that may materially affect the price of such security) or trading in such security has been suspended or halted. Such valuations would typically be categorized as Level 2 or Level 3 in the fair value hierarchy described below. Fair value pricing involves subjective judgments, and it is possible that a fair value determination for a security is materially different than the value that could be realized upon the sale of such security. In addition, fair value pricing could result in a difference between the prices used to calculate a Fund's NAV and the prices used by the Funds' target Index. This may adversely affect a Fund's ability to track its Target Index.

The Funds disclose the fair market value of their investments in a hierarchy that distinguishes between: (1) market participant assumptions developed based on market data obtained from sources independent of the Funds (observable inputs) and (2) the Funds' own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs). The three levels defined by the hierarchy are as follows:

• Level 1 — Quoted prices in active markets for identical assets.

• Level 2 — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

• Level 3 — Significant unobservable inputs (including the Fund's own assumptions in determining the 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 is a summary of the inputs used to value the Funds' investments as of December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Siren DIVCON Leaders Dividend ETF** | **Siren DIVCON Leaders Dividend ETF** | | | |
| **Investments at Value** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| *Equity* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stocks<sup>(a)</sup> | $37217753 | $- | $- | $37217753 |
| *Short-Term Investments* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 580074 | - | - | 580074 |
| **Total** | $37797827 | $- | $- | $37797827 |
| **Siren DIVCON Dividend Defender ETF** | **Siren DIVCON Dividend Defender ETF** |  |  |  |
| **Investments at Value** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| *Equity* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stocks<sup>(a)</sup> | $10847862 | $- | $- | $10847862 |
| *Short-Term Investments* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 4982162 | - | - | 4982162 |
| **Total Assets** | $15830024 | $- | $- | $15830024 |
| **Liabilities** |  |  |  |  |
| *Equity* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stocks<sup>(a)</sup> | $(3691677) | $- | $- | $(3691677) |
| **Total Liabilities** | $(3691677) | $- | $- | $(3691677) |
| **Siren Nasdaq NexGen Economy ETF** | **Siren Nasdaq NexGen Economy ETF** |  |  |  |
| **Investments at Value** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| *Equity* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stocks<sup>(a)</sup> | $86615512 | $- | $- | $86615512 |
| *Short-Term Investments* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 313363 | - | - | 313363 |
| **Total** | $86928875 | $- | $- | $86928875 |
| <sup>(a)</sup> See each Fund's Schedule of Investments for breakout by sector classification. | <sup>(a)</sup> See each Fund's Schedule of Investments for breakout by sector classification. | <sup>(a)</sup> See each Fund's Schedule of Investments for breakout by sector classification. | <sup>(a)</sup> See each Fund's Schedule of Investments for breakout by sector classification. |  |

---

------

*Tax Disclosure* ***-*** The Funds' policy is to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended, necessary to qualify as regulated investment companies and distribute substantially all net taxable investment income and net realized gains to shareholders in a manner which results in no tax cost to the Funds. Therefore, no federal income tax provision is required. The Funds plan to file U.S. Federal and various state and local tax returns.

The Funds recognize the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained. Management has analyzed the Funds' uncertain tax positions and concluded that no liability for unrecognized tax benefits should be recorded related to uncertain tax positions. Management is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will change materially in the next 12 months. Income and capital gain distributions are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP. The Funds recognize interest and penalties, if any, related to unrecognized tax benefits on uncertain tax positions as income tax expenses in the Statements of Operations. During the period ended December 31, 2022, the Funds did not incur any interest or penalties.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-23502

- **c. CIK number of Registrant:** 0001796383

- **d. LEI of Registrant:** 5493001TXHDQH8PSOK74

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

  - **Street Address 1:** 2600 Philmont Ave

  - **City:** Huntingdon Valley

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19006

  - **Telephone number:** 215-914-1970

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

- **a. Name of Series:** Siren NASDAQ NexGen Economy ETF

- **b. EDGAR series identifier (if any):** S000069719

- **c. LEI of Series:** 549300R14FNIMIQ2UT32

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

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $87266017.48

**Total Liabilities:** $60164.48

**Net Assets:** $87205853.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000222396 | 2.05%                | 5.09%                | -12.21%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2868101.33             | $4844954.62                                |
| Month 2  | $-5938396.61             | $10815718.46                               |
| Month 3  | $-10027885.03            | $-2128713.33                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alibaba Group Holding Ltd      | Alibaba Group Holding Ltd                  | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |     18073 | NS      | $1592050.57   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co            | American Express Co                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      9623 | NS      | $1421798.25   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc                      | Baidu Inc                                  | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | CN        |     14108 | NS      | $1613673.04   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Bakkt Holdings Inc             | Bakkt Holdings Inc                         | CUSIP: 05759B107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    722023 | NS      | $859207.37    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T | Bank of New York Mellon Corp/The           | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     28984 | NS      | $1319351.68   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     30234 | NS      | $1958256.18   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions | Broadridge Financial Solutions Inc         | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     10797 | NS      | $1448201.61   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Canaan Inc                     | Canaan Inc                                 | CUSIP: 134748102<br>LEI: 254900OEOGK9ALNMUN24 | Long             | EC               | CORP              | CN        |    602211 | NS      | $1240554.66   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     32814 | NS      | $1563258.96   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                  | Citigroup Inc                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     29443 | NS      | $1331706.89   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc            | Coinbase Global Inc                        | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |     57059 | NS      | $2019318.01   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc          | Customers Bancorp Inc                      | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     49839 | NS      | $1412437.26   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     10158 | NS      | $1222413.72   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    313363 | NS      | $313363.49    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The    | Goldman Sachs Group Inc/The                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      3353 | NS      | $1151353.14   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co  | Hewlett Packard Enterprise Co              | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     98201 | NS      | $1567287.96   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                    | Infosys Ltd                                | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |     73061 | NS      | $1315828.61   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc  | Intercontinental Exchange Inc              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     13028 | NS      | $1336542.52   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                            | International Business Machines Corp       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      8131 | NS      | $1145576.59   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     13192 | NS      | $1769047.20   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                     | JD.com Inc                                 | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |     28230 | NS      | $1584549.90   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd     | Samsung Electronics Co Ltd                 | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |      1348 | NS      | $1489540.00   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Swisscom AG                    | Swisscom AG                                | CUSIP: N/A<br>LEI: 5493005SL9HHOXS3B739       | Long             | EC               | CORP              | CH        |      2462 | NS      | $1348887.90   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Digital Holdings Inc  | Marathon Digital Holdings Inc              | CUSIP: 565788106<br>LEI: 549300M8ISKPTX2W7F94 | Long             | EC               | CORP              | US        |    392875 | NS      | $1343632.50   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                     | Siemens AG                                 | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |      8109 | NS      | $1125307.23   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      4731 | NS      | $1645110.63   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      6904 | NS      | $1655717.28   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| MicroStrategy Inc              | MicroStrategy Inc                          | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |       578 | NS      | $81827.46     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     23157 | NS      | $1157386.86   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Z Holdings Corp                | Z Holdings Corp                            | CUSIP: J9894K105<br>LEI: 52990078MD2OL792YM35 | Long             | EC               | CORP              | JP        |    554485 | NS      | $1402689.88   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| NTT Data Corp                  | NTT Data Corp                              | CUSIP: N/A<br>LEI: 353800SZGJGSLJRRWB43       | Long             | EC               | CORP              | JP        |    100013 | NS      | $1472303.54   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| GMO internet group Inc         | GMO internet group Inc                     | CUSIP: N/A<br>LEI: 529900BFZEY3BESHBW90       | Long             | EC               | CORP              | JP        |    104823 | NS      | $1969624.49   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Rakuten Group Inc              | Rakuten Group Inc                          | CUSIP: J64264104<br>LEI: 529900IMXUCQKUL1H943 | Long             | EC               | CORP              | JP        |    281825 | NS      | $1279851.42   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Garage Inc             | Digital Garage Inc                         | CUSIP: N/A<br>LEI: 353800XMG9BC18FQ8862       | Long             | EC               | CORP              | JP        |     52155 | NS      | $1818112.81   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SBI Holdings Inc               | SBI Holdings Inc                           | CUSIP: N/A<br>LEI: 353800L6LMHYIPSMRQ17       | Long             | EC               | CORP              | JP        |     92549 | NS      | $1774960.63   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                     | Nasdaq Inc                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     24624 | NS      | $1510682.40   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Fujitsu Ltd                    | Fujitsu Ltd                                | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |     12169 | NS      | $1633320.14   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi Ltd                    | Hitachi Ltd                                | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |     29118 | NS      | $1484521.01   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     10035 | NS      | $1466514.90   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| OneConnect Financial Technolog | OneConnect Financial Technology Co Ltd     | CUSIP: 68248T204<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    259014 | NS      | $1375365.40   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     14528 | NS      | $1187518.72   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Overstock.com Inc              | Overstock.com Inc                          | CUSIP: 690370101<br>LEI: 549300ACR0DL9U7EI710 | Long             | EC               | CORP              | US        |     83156 | NS      | $1609900.16   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG             | Deutsche Boerse AG                         | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |      7382 | NS      | $1275388.09   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc            | PayPal Holdings Inc                        | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     25802 | NS      | $1837618.44   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontobel Holding AG            | Vontobel Holding AG                        | CUSIP: N/A<br>LEI: 529900G69W5VR3DDPW23       | Long             | EC               | CORP              | CH        |     24196 | NS      | $1604082.41   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |    176566 | NS      | $1437247.24   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                         | SAP SE                                     | CUSIP: 803054204<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |     16472 | NS      | $1699745.68   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Signature Bank/New York NY     | Signature Bank/New York NY                 | CUSIP: 82669G104<br>LEI: VLP5AP0XK2GM6GKD1007 | Long             | EC               | CORP              | US        |     13090 | NS      | $1508229.80   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvergate Capital Corp        | Silvergate Capital Corp                    | CUSIP: 82837P408<br>LEI: BPE6FTXDZEBNAGIT2T19 | Long             | EC               | CORP              | US        |     84996 | NS      | $1478930.40   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                      | Block Inc                                  | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     19418 | NS      | $1220227.12   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd  | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     17378 | NS      | $1294487.22   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc          | Texas Instruments Inc                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      7805 | NS      | $1289542.10   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      7576 | NS      | $1573989.76   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      8011 | NS      | $1135879.69   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| WisdomTree Inc                 | WisdomTree Inc                             | CUSIP: 97717P104<br>LEI: 549300WIU8IS7UFO7871 | Long             | EC               | CORP              | US        |    223670 | NS      | $1219001.50   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Plus500 Ltd                    | Plus500 Ltd                                | CUSIP: N/A<br>LEI: 549300X8NGW9C5OJZU13       | Long             | EC               | CORP              | IL        |     61329 | NS      | $1337558.83   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Digital Holdings Ltd    | Galaxy Digital Holdings Ltd                | CUSIP: N/A<br>LEI: 254900ULFH90UKBGDV65       | Long             | EC               | CORP              | US        |    511518 | NS      | $1462019.69   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd           | Tencent Holdings Ltd                       | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | CN        |     41466 | NS      | $1774355.61   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ZhongAn Online P&C Insurance C | ZhongAn Online P&C Insurance Co Ltd        | CUSIP: N/A<br>LEI: 5299006845ISFI2WAI41       | Long             | EC               | CORP              | CN        |    543003 | NS      | $1495693.97   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                  | Accenture PLC                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      6485 | NS      | $1730457.40   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands | NU Holdings Ltd/Cayman Islands             | CUSIP: N/A<br>LEI: 5493002DG1RHWK9W2X27       | Long             | EC               | CORP              | BR        |    377363 | NS      | $1535867.41   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-17

**Name of Applicant:** Siren ETF Trust

**Signature:** /s/ Scott Freeze

**Name of Signer:** Siren ETF  Trust

**Title:** President