# EDGAR Filing Document

**Accession Number:** 0001597934
**File Stem:** 0001752724-23-047259
**Filing Date:** 2023-2
**Character Count:** 21292
**Document Hash:** 1b671a930cd4dab4894a133767da28c1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-047259.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-047259

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** abrdn ETFs
- **CENTRAL INDEX KEY:** 0001597934
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22986
- **FILM NUMBER:** 23684251

**BUSINESS ADDRESS:**
- **STREET 1:** 712 FIFTH AVENUE
- **STREET 2:** 49TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 1-212-446-2020

**MAIL ADDRESS:**
- **STREET 1:** 712 FIFTH AVENUE
- **STREET 2:** 49TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Aberdeen Standard Investments ETFs
- **DATE OF NAME CHANGE:** 20181001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ETFS Trust
- **DATE OF NAME CHANGE:** 20140122

## Series and Classes Contracts Data

### abrdn Bloomberg All Commodity Strategy K-1 Free ETF (Series ID: S000056192)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000176935 | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | BCI             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** abrdn ETFs

- **b. Investment Company Act file number:** 811-22986

- **c. CIK number of Registrant:** 0001597934

- **d. LEI of Registrant:** 54930044UD4VERB62W69

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

  - **Street Address 1:** 712 FIFTH AVENUE

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** 844-383-7289

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

- **a. Name of Series:** abrdn Bloomberg All Commodity Strategy K-1 Free ETF

- **b. EDGAR series identifier (if any):** S000056192

- **c. LEI of Series:** 549300PWXO8WGDSMS419

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

- **a. Date of fiscal year-end:** 2022-12-31

- **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:** $865574091.55

**Total Liabilities:** $625537.91

**Net Assets:** $864948553.64

**Amount of Assets Invested in Other Investment Companies:** $183160203.67

**Cash Not Reported:** $20242448.08

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000176935 | 1.85%                | 2.66%                | -2.32%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-47069.13               | $139381.07                                 |
| Month 2  | $-14100.38               | $399034.55                                 |
| Month 3  | $5074.48                 | $272791.77                                 |

**Designated Index Information**

- **Index Name:** Bloomberg Commodity Index

- **Index Identifier:** BCOM Index

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| London Metal Exchange        | LME PRI ALUM FUTR JAN23                       | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       575 | NC      | $676521.50    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796XS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30500000 | PA      | $30450996.57  | 3.52%             | 2023-01-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | United States Treasury Bill - WI Post Auction | CUSIP: 912796ZM4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49846972.00  | 5.76%             | 2023-01-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ICE Futures U.S., Inc.       | COTTON NO.2 FUTR MAR23                        | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |       215 | NC      | $-196885.55   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME NICKEL FUTURE JAN23                       | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       220 | NC      | $9583478.80   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade       | WHEAT FUTURE(CBT) MAR23                       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       627 | NC      | $-1106094.74  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796YK9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49617380.00  | 5.74%             | 2023-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| London Metal Exchange        | LME ZINC FUTURE MAR23                         | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       -59 | NC      | $265185.81    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796ZK8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49928566.00  | 5.77%             | 2023-01-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| London Metal Exchange        | LME PRI ALUM FUTR MAR23                       | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       577 | NC      | $-1371883.57  | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange  | LEAN HOGS FUTURE FEB23                        | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              |  | US        |       435 | NC      | $-184206.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME PRI ALUM FUTR JAN23                       | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      -575 | NC      | $1373535.75   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Commodities Exchange Center  | COPPER FUTURE MAR23                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       408 | NC      | $534239.54    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME NICKEL FUTURE JAN23                       | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      -220 | NC      | $-714225.20   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME PRI ALUM FUTR MAR23                       | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       -99 | NC      | $29119.66     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange  | LIVE CATTLE FUTR FEB23                        | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              |  | US        |       536 | NC      | $720930.40    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures Europe           | LOW SU GASOIL G MAR23                         | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              |  | GB        |       310 | NC      | $2140115.30   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Commodities Exchange Center  | SILVER FUTURE MAR23                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       352 | NC      | $3817861.76   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME NICKEL FUTURE MAR23                       | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       -38 | NC      | $-408380.08   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange | WTI CRUDE FUTURE MAR23                        | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       838 | NC      | $6071757.34   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade       | SOYBEAN OIL FUTR MAR23                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       738 | NC      | $1225396.44   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796XR5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  35000000 | PA      | $34969659.20  | 4.04%             | 2023-01-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| London Metal Exchange        | LME ZINC FUTURE JAN23                         | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       346 | NC      | $421298.14    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade       | KC HRW WHEAT FUT MAR23                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       356 | NC      | $-676438.72   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796YM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  40000000 | PA      | $39590723.60  | 4.58%             | 2023-03-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796YA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49751659.50  | 5.75%             | 2023-02-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade       | SOYBEAN FUTURE MAR23                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       686 | NC      | $1438779.18   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange | NY HARB ULSD FUT MAR23                        | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       164 | NC      | $2325128.92   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796Y60<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  40000000 | PA      | $39773974.00  | 4.60%             | 2023-02-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796S34<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  53000000 | PA      | $52868771.47  | 6.11%             | 2023-01-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796X95<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  53000000 | PA      | $52989311.49  | 6.13%             | 2023-01-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ICE Futures U.S., Inc.       | SUGAR 11 (WORLD) MAR23                        | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |      1128 | NC      | $2373003.44   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796ZJ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49964877.50  | 5.78%             | 2023-01-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ICE Futures Europe           | BRENT CRUDE FUTR MAR23                        | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              |  | GB        |       698 | NC      | $-3392784.26  | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796T33<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49699445.50  | 5.75%             | 2023-02-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796XT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  40000000 | PA      | $39873255.60  | 4.61%             | 2023-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796ZT9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19924072.60  | 2.30%             | 2023-02-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade       | CORN FUTURE MAR23                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |      1522 | NC      | $983052.87    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME ZINC FUTURE MAR23                         | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       347 | NC      | $-2294937.27  | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange | NATURAL GAS FUTR MAR23                        | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |      1782 | NC      | $-27260440.74 | -3.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Invesco                      | Invesco Government & Agency Portfolio         | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |  48650947 | NS      | $48650946.64  | 5.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Commodities Exchange Center  | GOLD 100 OZ FUTR FEB23                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       689 | NC      | $4738380.32   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME ZINC FUTURE JAN23                         | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      -346 | NC      | $2279785.64   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.       | COFFEE 'C' FUTURE MAR23                       | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |       259 | NC      | $171448.57    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796ZL6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49888124.00  | 5.77%             | 2023-01-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796ZH5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $50000000.00  | 5.78%             | 2023-01-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796XZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | PA      | $29880469.50  | 3.45%             | 2023-02-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| London Metal Exchange        | LME NICKEL FUTURE MAR23                       | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       220 | NC      | $449636.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade       | SOYBEAN MEAL FUTR MAR23                       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       704 | NC      | $971161.52    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange | GASOLINE RBOB FUT MAR23                       | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       184 | NC      | $2755185.32   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury       | United States Treasury Bill                   | CUSIP: 912796YB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49658938.00  | 5.74%             | 2023-03-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-18

**Name of Applicant:** abrdn ETFs

**Signature:** Andrea Melia

**Name of Signer:** Andrea Melia

**Title:** Treasurer