# EDGAR Filing Document

**Accession Number:** 0001467831
**File Stem:** 0001145549-23-008859
**Filing Date:** 2023-2
**Character Count:** 79408
**Document Hash:** 8cf8168106f5d09b22e7399dc18137a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-008859.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001145549-23-008859

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Managers Trust
- **CENTRAL INDEX KEY:** 0001467831
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22310
- **FILM NUMBER:** 23660933

**BUSINESS ADDRESS:**
- **STREET 1:** 30 MAPLE STREET
- **STREET 2:** SUITE 2
- **CITY:** SUMMIT
- **STATE:** NJ
- **ZIP:** 07901
- **BUSINESS PHONE:** (908) 897-0513

**MAIL ADDRESS:**
- **STREET 1:** 30 MAPLE STREET
- **STREET 2:** SUITE 2
- **CITY:** SUMMIT
- **STATE:** NJ
- **ZIP:** 07901

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FactorShares Trust
- **DATE OF NAME CHANGE:** 20090929

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FactorETF Trust
- **DATE OF NAME CHANGE:** 20090707

## Series and Classes Contracts Data

### AI Powered Equity ETF (Series ID: S000058619)

| Class ID   | Class Name            | Ticker Symbol   |
|:---|:---|:---|
| C000192552 | AI Powered Equity ETF | AIEQ            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **AI Powered Equity ETF** | | |
| **Schedule of Investments** | | |
| **December 31, 2022 (Unaudited)** | | |
|  |<br><br>**Shares** |<br><br>**Value** |
| **COMMON STOCKS - 99.0%** | | |
| **Bermuda - 0.8%** | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Thrifts & Mortgage Finance - 0.4%** | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Essent Group, Ltd. | 8559 | $332774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Trading Companies & Distributors - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Triton International, Ltd. | 5118 | 352016 |
| Total Bermuda |  | 684790 |
| **Cayman Islands - 2.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Semiconductors & Semiconductor Equipment - 2.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ambarella, Inc. (a) | 30201 | 2483428 |
| **Ireland - 2.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Building Products - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Johnson Controls International PLC | 1921 | 122944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Insurance - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Willis Towers Watson PLC | 1556 | 380567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Machinery - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pentair PLC | 7506 | 337620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Pharmaceuticals - 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Perrigo Co. PLC | 46923 | 1599605 |
| Total Ireland |  | 2440736 |
| **Jersey - 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Containers & Packaging - 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amcor PLC | 104588 | 1245643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Health Care Equipment & Supplies - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Novocure, Ltd. (a) | 2481 | 181981 |
| Total Jersey |  | 1427624 |
| **Netherlands - 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Semiconductors & Semiconductor Equipment - 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NXP Semiconductors NV | 3754 | 593245 |
| **United States - 90.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Aerospace & Defense - 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lockheed Martin Corp. | 560 | 272434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Spirit AeroSystems Holdings, Inc. - Class A | 21521 | 637022 |
| &nbsp;&nbsp;&nbsp; Total Aerospace & Defense |  | 909456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Airlines - 4.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Delta Air Lines, Inc. (a) | 81779 | 2687258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JetBlue Airways Corporation (a) | 199161 | 1290563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Airlines Holdings, Inc. (a)(b) | 8246 | 310874 |
| &nbsp;&nbsp;&nbsp; Total Airlines |  | 4288695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Auto Components - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; QuantumScape Corp. - Class A (a)(b) | 67990 | 385503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Banks - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ameris Bancorp (b) | 7274 | 342896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Independent Bank Corp. | 1891 | 159657 |
| &nbsp;&nbsp;&nbsp; Total Banks |  | 502553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Beverages - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Molson Coors Beverage Co. - Class B (b) | 11667 | 601084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Biotechnology - 6.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Biogen, Inc. (a) | 2034 | 563255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Blueprint Medicines Corp. (a) | 4616 | 202227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cerevel Therapeutics Holdings, Inc. (a)(b) | 11313 | 356812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exact Sciences Corp. (a) | 6500 | 321815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Halozyme Therapeutics, Inc. (a) | 4988 | 283817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ionis Pharmaceuticals, Inc. (a) | 7649 | 288903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals, Inc. (a) | 3881 | 2800103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Relay Therapeutics, Inc. (a) | 10453 | 156168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sarepta Therapeutics, Inc. (a) | 4569 | 592051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ultragenyx Pharmaceutical, Inc. (a) | 13148 | 609147 |
| &nbsp;&nbsp;&nbsp; Total Biotechnology |  | 6174298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Building Products - 2.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Carrier Global Corp. | 45904 | 1893540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Resideo Technologies, Inc. (a) | 16675 | 274304 |
| &nbsp;&nbsp;&nbsp; Total Building Products |  | 2167844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Capital Markets - 1.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Blackstone, Inc. | 3401 | 252320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; S&P Global, Inc. (b) | 3641 | 1219517 |
| &nbsp;&nbsp;&nbsp; Total Capital Markets |  | 1471837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Chemicals - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Intrepid Potash, Inc. (a) | 7930 | 228939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Livent Corp. (a) | 188 | 3736 |
| &nbsp;&nbsp;&nbsp; Total Chemicals |  | 232675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Commercial Services & Supplies - 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Copart, Inc. (a) | 18905 | 1151125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Communications Equipment - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clearfield, Inc. (a)(b) | 1016 | 95646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Juniper Networks, Inc. | 2570 | 82137 |
| &nbsp;&nbsp;&nbsp; Total Communications Equipment |  | 177783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Construction & Engineering - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ameresco, Inc. - Class A (a)(b) | 2673 | 152735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Consumer Finance - 3.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Express Co. | 20415 | 3016316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SLM Corp. (b) | 12255 | 203433 |
| &nbsp;&nbsp;&nbsp; Total Consumer Finance |  | 3219749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Containers & Packaging - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ball Corp. | 4239 | 216782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Diversified Consumer Services - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2U, Inc. (a) | 21942 | 137576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; H&R Block, Inc. (b) | 2751 | 100439 |
| &nbsp;&nbsp;&nbsp; Total Diversified Consumer Services |  | 238015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Diversified Telecommunication Services - 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Frontier Communications Parent, Inc. (a) | 10699 | 272611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Verizon Communications, Inc. | 23119 | 910888 |
| &nbsp;&nbsp;&nbsp; Total Diversified Telecommunication Services |  | 1183499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Electric Utilities - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entergy Corp. | 3556 | 400050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OGE Energy Corp. | 135 | 5339 |
| &nbsp;&nbsp;&nbsp; Total Electric Utilities |  | 405389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Electrical Equipment - 2.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Array Technologies, Inc. (a) | 22808 | 440879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bloom Energy Corp. - Class A (a)(b) | 57542 | 1100202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ChargePoint Holdings, Inc. - Class A (a)(b) | 38969 | 371375 |
| &nbsp;&nbsp;&nbsp; Total Electrical Equipment |  | 1912456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Electronic Equipment, Instruments & Components - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TD SYNNEX Corp. | 2810 | 266135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Entertainment - 3.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AMC Entertainment Holdings, Inc. - Class A (a)(b) | 492978 | 2006420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Formula One - Class C (a) | 4625 | 276483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Netflix, Inc. (a) | 10 | 2949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ROBLOX Corp. - Class A (a) | 19562 | 556735 |
| &nbsp;&nbsp;&nbsp; Total Entertainment |  | 2842587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Food Products - 1.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kraft Heinz Co. | 24571 | 1000286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Simply Good Foods Co. (a) | 13641 | 518767 |
| &nbsp;&nbsp;&nbsp; Total Food Products |  | 1519053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Gas Utilities - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; National Fuel Gas Co. | 4027 | 254909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Health Care Equipment & Supplies - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ResMed, Inc. | 1559 | 324475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Health Care Providers & Services - 2.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AdaptHealth Corp. (a)(b) | 15229 | 292701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Encompass Health Corp. | 9714 | 580994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tenet Healthcare Corp. (a) | 20411 | 995853 |
| &nbsp;&nbsp;&nbsp; Total Health Care Providers & Services |  | 1869548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Health Care Technology - 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Schrodinger, Inc. (a) | 45109 | 843087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Hotels, Restaurants & Leisure - 5.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bally's Corp. (a)(b) | 12535 | 242928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Booking Holdings, Inc. (a) | 118 | 237803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expedia Group, Inc. (a) | 3687 | 322981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marriott Vacations Worldwide Corp. | 602 | 81023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SeaWorld Entertainment, Inc. (a)(b) | 30973 | 1657366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Starbucks Corp. | 25194 | 2499246 |
| &nbsp;&nbsp;&nbsp; Total Hotels, Restaurants & Leisure |  | 5041347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Household Durables - 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lennar Corporation - Class A | 15653 | 1416596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tempur Sealy International, Inc. (b) | 9563 | 328298 |
| &nbsp;&nbsp;&nbsp; Total Household Durables |  | 1744894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Household Products - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colgate-Palmolive Co. | 5705 | 449497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Independent Power and Renewable Electricity Producers - 0.0% (d)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sunnova Energy International, Inc. (a)(b) | 289 | 5205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Insurance - 3.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Aflac, Inc. | 2734 | 196684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brighthouse Financial, Inc. (a) | 2138 | 109615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance Group of America, Inc. | 491 | 69766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Progressive Corp. | 18720 | 2428172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; W R Berkley Corp. | 3881 | 281644 |
| &nbsp;&nbsp;&nbsp; Total Insurance |  | 3085881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Interactive Media & Services - 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bumble, Inc. - Class A (a)(b) | 51110 | 1075865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; fuboTV, Inc. (a)(b) | 164898 | 286923 |
| &nbsp;&nbsp;&nbsp; Total Interactive Media & Services |  | 1362788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **IT Services - 8.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp. - Class A | 49250 | 2816607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; DXC Technology Co. (a)(b) | 133151 | 3528501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Euronet Worldwide, Inc. (a) | 10078 | 951162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MongoDB, Inc. - Class A (a)(b) | 1321 | 260026 |
| &nbsp;&nbsp;&nbsp; Total IT Services |  | 7556296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Life Sciences Tools & Services - 1.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bruker Corp. (b) | 3420 | 233757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maravai LifeSciences Holdings, Inc. - Class A (a) | 31803 | 455101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mettler-Toledo International, Inc. (a) | 161 | 232717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Syneos Health, Inc. (a) | 20647 | 757332 |
| &nbsp;&nbsp;&nbsp; Total Life Sciences Tools & Services |  | 1678907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Machinery - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; John Bean Technologies Corp. | 3358 | 306686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nikola Corp. (a)(b) | 118856 | 256729 |
| &nbsp;&nbsp;&nbsp; Total Machinery |  | 563415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Media - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; News Corp. - Class A (b) | 17876 | 325343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Metals & Mining - 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Steel Dynamics, Inc. (b) | 12345 | 1206107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Multiline Retail - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nordstrom, Inc. (b) | 8196 | 132283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Oil, Gas & Consumable Fuels - 4.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; APA Corp. | 2903 | 135512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CONSOL Energy, Inc. | 19686 | 1279590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Murphy Oil Corp. (b) | 5848 | 251523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southwestern Energy Co. (a)(b) | 359799 | 2104825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas Pacific Land Corp. (b) | 254 | 595434 |
| &nbsp;&nbsp;&nbsp; Total Oil, Gas & Consumable Fuels |  | 4366884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Personal Products - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Veru, Inc. (a) | 98255 | 518786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Pharmaceuticals - 4.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cassava Sciences, Inc. (a)(b) | 2504 | 73968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Merck & Co, Inc. | 2828 | 313767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Organon & Co. (b) | 55629 | 1553718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pfizer, Inc. (b) | 38586 | 1977146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SIGA Technologies, Inc. (b) | 52874 | 389153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Viatris, Inc. | 18930 | 210691 |
| &nbsp;&nbsp;&nbsp; Total Pharmaceuticals |  | 4518443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Professional Services - 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp. | 9470 | 989805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ManpowerGroup, Inc. | 3478 | 289404 |
| &nbsp;&nbsp;&nbsp; Total Professional Services |  | 1279209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Real Estate Investment Trusts (REITs) - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brixmor Property Group, Inc. | 12943 | 293418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kite Realty Group Trust | 5761 | 121269 |
| &nbsp;&nbsp;&nbsp; Total Real Estate Investment Trusts (REITs) |  | 414687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Real Estate Management & Development - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Zillow Group, Inc. - Class A (a) | 5219 | 162885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Road & Rail - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Avis Budget Group, Inc. (a) | 588 | 96391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Semiconductors & Semiconductor Equipment - 5.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cirrus Logic, Inc. (a) | 4651 | 346406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; KLA Corp. | 8002 | 3016994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marvell Technology, Inc. | 10892 | 403440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Photronics, Inc. (a)(b) | 12185 | 205074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Qorvo, Inc. (a) | 3475 | 314974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Semtech Corp. (a) | 11945 | 342702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SolarEdge Technologies, Inc. (a) | 1120 | 317262 |
| &nbsp;&nbsp;&nbsp; Total Semiconductors & Semiconductor Equipment |  | 4946852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Software - 5.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bentley Systems, Inc. - Class B | 15227 | 562790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rapid7, Inc. (a) | 8114 | 275714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sprout Social, Inc. - Class A (a) | 66 | 3726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tenable Holdings, Inc. (a) | 16138 | 615665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unity Software, Inc. (a)(b) | 90249 | 2580219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Zoom Video Communications, Inc. - Class A (a) | 8153 | 552284 |
| &nbsp;&nbsp;&nbsp; Total Software |  | 4590398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Specialty Retail - 4.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AutoNation, Inc. (a)(b) | 2878 | 308809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Five Below, Inc. (a) | 479 | 84721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; O'Reilly Automotive, Inc. (a) | 4348 | 3669843 |
| &nbsp;&nbsp;&nbsp; Total Specialty Retail |  | 4063373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Textiles, Apparel & Luxury Goods - 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tapestry, Inc. | 37387 | 1423697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Thrifts & Mortgage Finance - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rocket Cos, Inc. - Class A (b) | 75586 | 529102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Trading Companies & Distributors - 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GATX Corp. | 1545 | 164295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc. (b) | 4163 | 547726 |
| &nbsp;&nbsp;&nbsp; Total Trading Companies & Distributors |  | 712021 |
| Total United States |  | 83671275 |
| TOTAL COMMON STOCKS (Cost $95,521,774) |  | 91715786 |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 26.5%** |  |  |
| Mount Vernon Liquid Assets Portfolio, LLC, 4.49% (c) | 24592409 | 24592409 |
| TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL (Cost $24,592,409) |  | 24592409 |
| **Total Investments (Cost $120,114,183) - 125.5%** |  | 116308195 |
| **Liabilities in Excess of Other Assets - (25.5)%** |  | (23620538) |
| **TOTAL NET ASSETS - 100.0%** |  | $92687657 |

---

---

| | |
|:---|:---|
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |
| PLC | Public Limited Company |
| (a) | Non-income producing security. |
| (b) | All or a portion of this security was out on loan at December 31, 2022. |
| (c) | The rate shown is the annualized seven-day yield at period end. |
| (d) | Amount is less than 0.05%. |
| The Global Industry Classification Standard (GICS<sup>®)</sup> was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor's Financial Services LLC ("S&P"). GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bancorp Fund Services, LLC, doing business as U.S. Bank Global Fund Services ("Fund Services"). | The Global Industry Classification Standard (GICS<sup>®)</sup> was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor's Financial Services LLC ("S&P"). GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bancorp Fund Services, LLC, doing business as U.S. Bank Global Fund Services ("Fund Services"). |
| The accompanying notes are an integral part of these financial statements | The accompanying notes are an integral part of these financial statements |

---

------

#### ETF Managers Trust

---

| | |
|:---|:---|
| The following is a summary of significant accounting policies consistently followed by ETFMG Prime Junior Silver Miners ETF ("SILJ"), ETFMG Prime 2x Daily Junior Silver Miners ETF ("SILX"), ETFMG Prime Cyber Security ETF ("HACK"), ETFMG Prime Mobile Payments ETF ("IPAY"), ETFMG Sit Ultra Short ETF ("VALT"), ETFMG Travel Tech ETF ("AWAY"), ETFMG Treatments, Testing and Advancements ETF ("GERM"), ETFMG Alternative Harvest U.S. ETF ("MJUS"), ETFMG Alternative Harvest ETF ("MJ"), ETFMG 2x Daily Travel Tech ETF ("AWYX"), Wedbush ETFMG Video Game Tech ETF ("GAMR"), Wedbush ETFMG Global Cloud Technology ETF ("IVES"), BlueStar Israel Technology ETF ("ITEQ"), Etho Climate Leadership U.S. ETF ("ETHO") and AI Powered Equity ETF ("AIEQ") (each a "Fund," or collectively the "Funds"). | The following is a summary of significant accounting policies consistently followed by ETFMG Prime Junior Silver Miners ETF ("SILJ"), ETFMG Prime 2x Daily Junior Silver Miners ETF ("SILX"), ETFMG Prime Cyber Security ETF ("HACK"), ETFMG Prime Mobile Payments ETF ("IPAY"), ETFMG Sit Ultra Short ETF ("VALT"), ETFMG Travel Tech ETF ("AWAY"), ETFMG Treatments, Testing and Advancements ETF ("GERM"), ETFMG Alternative Harvest U.S. ETF ("MJUS"), ETFMG Alternative Harvest ETF ("MJ"), ETFMG 2x Daily Travel Tech ETF ("AWYX"), Wedbush ETFMG Video Game Tech ETF ("GAMR"), Wedbush ETFMG Global Cloud Technology ETF ("IVES"), BlueStar Israel Technology ETF ("ITEQ"), Etho Climate Leadership U.S. ETF ("ETHO") and AI Powered Equity ETF ("AIEQ") (each a "Fund," or collectively the "Funds"). |
| **Security Valuation**. Securities listed on a securities exchange, market or automated quotation system for which quotations are readily available (except for securities traded on NASDAQ), including securities traded over the counter, are valued at the last quoted sale price on the primary exchange or market (foreign or domestic) on which they are traded on the valuation date (or at approximately 4:00 pm Eastern Time if a security's primary exchange is normally open at that time), or, if there is no such reported sale on the valuation date, at the most recent quoted bid price. For securities traded on NASDAQ, the NASDAQ Official Closing Price will be used.<br>Securities for which quotations are not readily available are valued at their respective fair values as determined in good faith by the Board of Trustees (the "Board"). When a security is "fair valued," consideration is given to the facts and circumstances relevant to the particular situation, including a review of various factors set forth in the pricing procedures adopted by the Funds' Board. The use of fair value pricing by a Fund may cause the net asset value of its shares to differ significantly from the net asset value that would be calculated without regard to such considerations. As of December 31, 2022, AIEQ, HACK, VALT, AWAY, GERM, MJUS, SILX, AWYX, IVES, ITEQ and ETHO did not hold any fair valued securities. As of December 31, 2022, SILJ held three fair valued securities and MJ, IPAY and GAMR held one fair valued security.<br>As described above, the Funds utilize various methods to measure the fair value of their investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are: | **Security Valuation**. Securities listed on a securities exchange, market or automated quotation system for which quotations are readily available (except for securities traded on NASDAQ), including securities traded over the counter, are valued at the last quoted sale price on the primary exchange or market (foreign or domestic) on which they are traded on the valuation date (or at approximately 4:00 pm Eastern Time if a security's primary exchange is normally open at that time), or, if there is no such reported sale on the valuation date, at the most recent quoted bid price. For securities traded on NASDAQ, the NASDAQ Official Closing Price will be used.<br>Securities for which quotations are not readily available are valued at their respective fair values as determined in good faith by the Board of Trustees (the "Board"). When a security is "fair valued," consideration is given to the facts and circumstances relevant to the particular situation, including a review of various factors set forth in the pricing procedures adopted by the Funds' Board. The use of fair value pricing by a Fund may cause the net asset value of its shares to differ significantly from the net asset value that would be calculated without regard to such considerations. As of December 31, 2022, AIEQ, HACK, VALT, AWAY, GERM, MJUS, SILX, AWYX, IVES, ITEQ and ETHO did not hold any fair valued securities. As of December 31, 2022, SILJ held three fair valued securities and MJ, IPAY and GAMR held one fair valued security.<br>As described above, the Funds utilize various methods to measure the fair value of their investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are: |
| Level 1 | Unadjusted quoted prices in active markets for identical assets or liabilities that the Funds have the ability to access. |
| Level 2 | Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. |
| Level 3 | Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available; representing the Funds' own assumptions about the assumptions a market participant would use in valuing the asset or liability and would be based on the best information available. |
| The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.<br>The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety.<br>The following is a summary of the inputs used to value the Funds' investments as of December 31, 2022: | The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.<br>The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety.<br>The following is a summary of the inputs used to value the Funds' investments as of December 31, 2022: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **AIEQ** | | | | |
| <u>Assets^</u> | Level 1 | Level 2 | Level 3 | Total |
| Common Stocks | $91715786 | $- | $- | $91715786 |
| Investments Purchased with Securities Lending Collateral\* | - | - | - | 24592409 |
| Total Investments in Securities | $91715786 | $- | $- | $116308195 |

---

---

| |
|:---|
| <sup>(1)</sup> Includes a security valued at $0. |
| ^ See Schedule of Investments for classifications by country and industry |
| \* Certain investments that are measured at fair value used the net asset value per share (or its equivalent) practical expedient have not been |
| &nbsp;&nbsp;&nbsp;&nbsp; categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value |
| &nbsp;&nbsp;&nbsp;&nbsp; hierarchy to the amounts presented in the Schedules of Investments. |
| \*\* Investment was purchased with collateral. |
| \*\*\* Swap contracts are derivative instruments, which are presented at the unrealized appreciation/depreciation on the instrument. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-22310

- **c. CIK number of Registrant:** 0001467831

- **d. LEI of Registrant:** 549300K4RW5UJ3CZL626

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

  - **Street Address 1:** 30 Maple Street

  - **City:** Summit

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 07901

  - **Telephone number:** 908-897-0513

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

- **a. Name of Series:** AI Powered Equity ETF

- **b. EDGAR series identifier (if any):** S000058619

- **c. LEI of Series:** 549300KR3TLZ0IYYT276

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

- **a. Date of fiscal year-end:** 2023-09-30

- **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:** $122115398.25

**Total Liabilities:** $28713045.34

**Net Assets:** $93402352.91

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000192552 | 9.68%                | -1.11%               | -8.98%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6050554.43             | $15561942.83                               |
| Month 2  | $-199765.99              | $-1008763.76                               |
| Month 3  | $-4867293.14             | $-4490808.06                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Inspire Medical Systems Inc               | Inspire Medical Systems Inc               | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |       348 | NS      | $87654.24     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Intrepid Potash Inc                       | Intrepid Potash Inc                       | CUSIP: 46121Y201<br>LEI: 549300OZ696E2PRRTO45 | Long             | EC               | CORP              | US        |      7991 | NS      | $230700.17    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ionis Pharmaceuticals Inc                 | Ionis Pharmaceuticals Inc                 | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |      7707 | NS      | $291093.39    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corp                      | JetBlue Airways Corp                      | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |    200693 | NS      | $1300490.64   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| John Bean Technologies Corp               | John Bean Technologies Corp               | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |      3383 | NS      | $308969.39    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Juniper Networks Inc                      | Juniper Networks Inc                      | CUSIP: 48203R104<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | EC               | CORP              | US        |      2589 | NS      | $82744.44     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                  | KLA Corp                                  | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      8063 | NS      | $3039992.89   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                   | Kite Realty Group Trust                   | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5805 | NS      | $122195.25    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co/The                        | Kraft Heinz Co/The                        | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     24760 | NS      | $1007979.60   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                               | Lennar Corp                               | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     15773 | NS      | $1427456.50   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For            | Liberty Media Corp-Liberty Formula One    | CUSIP: 531229854<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4660 | NS      | $278574.80    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Livent Corp                               | Livent Corp                               | CUSIP: 53814L108<br>LEI: 254900OOLQ2VNMZTJL47 | Long             | EC               | CORP              | US        |       189 | NS      | $3755.43      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                      | Lockheed Martin Corp                      | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       564 | NS      | $274380.36    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc                         | ManpowerGroup Inc                         | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |      3504 | NS      | $291567.84    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Maravai LifeSciences Holdings             | Maravai LifeSciences Holdings Inc         | CUSIP: 56600D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32047 | NS      | $458592.57    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott Vacations Worldwide C            | Marriott Vacations Worldwide Corp         | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |       606 | NS      | $81561.54     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                    | Marvell Technology Inc                    | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10975 | NS      | $406514.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                            | Merck & Co Inc                            | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      2849 | NS      | $316096.55    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International I            | Mettler-Toledo International Inc          | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |       162 | NS      | $234162.90    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co                  | Molson Coors Beverage Co                  | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |     22613 | NS      | $1165021.76   | 1.25%             |  |  |  | No            |                  1 | On Loan: —       |
| MongoDB Inc                               | MongoDB Inc                               | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      1331 | NS      | $261994.04    | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Murphy Oil Corp                           | Murphy Oil Corp                           | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |      5892 | NS      | $253414.92    | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| National Fuel Gas Co                      | National Fuel Gas Co                      | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      4057 | NS      | $256808.10    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                               | Netflix Inc                               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |        10 | NS      | $2948.80      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corp                                 | News Corp                                 | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |     18013 | NS      | $327836.60    | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Nikola Corp                               | Nikola Corp                               | CUSIP: 654110105<br>LEI: 6354007SKFUCHYZAKQ61 | Long             | EC               | CORP              | US        |    119770 | NS      | $258703.20    | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Nordstrom Inc                             | Nordstrom Inc                             | CUSIP: 655664100<br>LEI: 549300S3IZB5P35KNV16 | Long             | EC               | CORP              | US        |      8259 | NS      | $133300.26    | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| OGE Energy Corp                           | OGE Energy Corp                           | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |       136 | NS      | $5378.80      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                   | O'Reilly Automotive Inc                   | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      2616 | NS      | $2207982.48   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Organon & Co                              | Organon & Co                              | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               | CORP              | US        |     56056 | NS      | $1565644.08   | 1.68%             |  |  |  | No            |                  1 | On Loan: —       |
| Pfizer Inc                                | Pfizer Inc                                | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     38882 | NS      | $1992313.68   | 2.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Photronics Inc                            | Photronics Inc                            | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |     12278 | NS      | $206638.74    | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Progressive Corp/The                      | Progressive Corp/The                      | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     18864 | NS      | $2446849.44   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo Inc                                 | Qorvo Inc                                 | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |      3501 | NS      | $317330.64    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| QuantumScape Corp                         | QuantumScape Corp                         | CUSIP: 74767V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68512 | NS      | $388463.04    | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Rapid7 Inc                                | Rapid7 Inc                                | CUSIP: 753422104<br>LEI: 549300GNVG5D60KEYN14 | Long             | EC               | CORP              | US        |      8176 | NS      | $277820.48    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc             | Regeneron Pharmaceuticals Inc             | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      3910 | NS      | $2821025.90   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America I            | Reinsurance Group of America Inc          | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |       494 | NS      | $70192.46     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Relay Therapeutics Inc                    | Relay Therapeutics Inc                    | CUSIP: 75943R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10533 | NS      | $157363.02    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                                | ResMed Inc                                | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      1570 | NS      | $326764.10    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc                  | Resideo Technologies Inc                  | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |     16803 | NS      | $276409.35    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                               | ROBLOX Corp                               | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19712 | NS      | $561003.52    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Cos Inc                            | Rocket Cos Inc                            | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76167 | NS      | $533169.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: —       |
| S&P Global Inc                            | S&P Global Inc                            | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      3669 | NS      | $1228894.86   | 1.32%             |  |  |  | No            |                  1 | On Loan: —       |
| SLM Corp                                  | SLM Corp                                  | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12349 | NS      | $204993.40    | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Schrodinger Inc/United States             | Schrodinger Inc/United States             | CUSIP: 80810D103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45455 | NS      | $849553.95    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| SeaWorld Entertainment Inc                | SeaWorld Entertainment Inc                | CUSIP: 81282V100<br>LEI: 529900G0H4NV3IIK3269 | Long             | EC               | CORP              | US        |     31211 | NS      | $1670100.61   | 1.79%             |  |  |  | No            |                  1 | On Loan: —       |
| Semtech Corp                              | Semtech Corp                              | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |     12036 | NS      | $345312.84    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                       | Shift4 Payments Inc                       | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7031 | NS      | $393243.83    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGA Technologies Inc                     | SIGA Technologies Inc                     | CUSIP: 826917106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53280 | NS      | $392140.80    | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Simply Good Foods Co/The                  | Simply Good Foods Co/The                  | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13745 | NS      | $522722.35    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| SolarEdge Technologies Inc                | SolarEdge Technologies Inc                | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | IL        |      1128 | NS      | $319528.56    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwestern Energy Co                    | Southwestern Energy Co                    | CUSIP: 845467109<br>LEI: EFWMP121W54QV9MGOP87 | Long             | EC               | CORP              | US        |    362566 | NS      | $2121011.10   | 2.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Spirit AeroSystems Holdings In            | Spirit AeroSystems Holdings Inc           | CUSIP: 848574109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21686 | NS      | $641905.60    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprout Social Inc                         | Sprout Social Inc                         | CUSIP: 85209W109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        66 | NS      | $3726.36      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                            | Starbucks Corp                            | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     25387 | NS      | $2518390.40   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                        | Steel Dynamics Inc                        | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     12439 | NS      | $1215290.30   | 1.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Sunnova Energy International I            | Sunnova Energy International Inc          | CUSIP: 86745K104<br>LEI: 549300JK1Y1VVC3JU540 | Long             | EC               | CORP              | US        |       291 | NS      | $5240.91      | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| TD SYNNEX Corp                            | TD SYNNEX Corp                            | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |      2831 | NS      | $268124.01    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Syneos Health Inc                         | Syneos Health Inc                         | CUSIP: 87166B102<br>LEI: 549300F1ZGKDS8P6GU13 | Long             | EC               | CORP              | US        |     20805 | NS      | $763127.40    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Tempur Sealy International Inc            | Tempur Sealy International Inc            | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |      9636 | NS      | $330803.88    | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Tenable Holdings Inc                      | Tenable Holdings Inc                      | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |     16262 | NS      | $620395.30    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp                     | Tenet Healthcare Corp                     | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     20568 | NS      | $1003512.72   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac Inc                                 | Aflac Inc                                 | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |      2755 | NS      | $198194.70    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AMC Entertainment Holdings Inc            | AMC Entertainment Holdings Inc            | CUSIP: 00165C104<br>LEI: 549300ZO77UNR6NRBR11 | Long             | EC               | CORP              | US        |    496770 | NS      | $2021853.90   | 2.16%             |  |  |  | No            |                  1 | On Loan: —       |
| AdaptHealth Corp                          | AdaptHealth Corp                          | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15346 | NS      | $294950.12    | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Ameresco Inc                              | Ameresco Inc                              | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |      2693 | NS      | $153878.02    | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| American Express Co                       | American Express Co                       | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     20572 | NS      | $3039513.00   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                            | Ameris Bancorp                            | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |      7329 | NS      | $345489.06    | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| APA Corp                                  | APA Corp                                  | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |      2925 | NS      | $136539.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Array Technologies Inc                    | Array Technologies Inc                    | CUSIP: 04271T100<br>LEI: 549300JM5FECYJQ85V37 | Long             | EC               | CORP              | US        |     22983 | NS      | $444261.39    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation Inc                            | AutoNation Inc                            | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2900 | NS      | $311170.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Avis Budget Group Inc                     | Avis Budget Group Inc                     | CUSIP: 053774105<br>LEI: 529900E95812SYWMCE44 | Long             | EC               | CORP              | US        |       592 | NS      | $97046.56     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corp                                 | Ball Corp                                 | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |      4271 | NS      | $218418.94    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Bally's Corp                              | Bally's Corp                              | CUSIP: 05875B106<br>LEI: 549300NS4D5IK406VT62 | Long             | EC               | CORP              | US        |     12631 | NS      | $244788.78    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Bentley Systems Inc                       | Bentley Systems Inc                       | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |     15344 | NS      | $567114.24    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp                          | W R Berkley Corp                          | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |      3910 | NS      | $283748.70    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                                | Biogen Inc                                | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      2049 | NS      | $567409.08    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                            | Blackstone Inc                            | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |      3427 | NS      | $254249.13    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R Block Inc                             | H&R Block Inc                             | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |      2772 | NS      | $101205.72    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Bloom Energy Corp                         | Bloom Energy Corp                         | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |     57984 | NS      | $1108654.08   | 1.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Texas Pacific Land Corp                   | Texas Pacific Land Corp                   | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       255 | NS      | $597778.65    | 0.64%             |  |  |  | No            |                  1 | On Loan: —       |
| 2U Inc                                    | 2U Inc                                    | CUSIP: 90214J101<br>LEI: 5493008RVTXVR43PYF84 | Long             | EC               | CORP              | US        |     22110 | NS      | $138629.70    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultragenyx Pharmaceutical Inc             | Ultragenyx Pharmaceutical Inc             | CUSIP: 90400D108<br>LEI: 529900EV44GVDN1DCX77 | Long             | EC               | CORP              | US        |     13249 | NS      | $613826.17    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc              | United Airlines Holdings Inc              | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |      8309 | NS      | $313249.30    | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| Unity Software Inc                        | Unity Software Inc                        | CUSIP: 91332U101<br>LEI: 549300D1ESJMGNQNG432 | Long             | EC               | CORP              | US        |     90943 | NS      | $2600060.37   | 2.78%             |  |  |  | No            |                  1 | On Loan: —       |
| Verizon Communications Inc                | Verizon Communications Inc                | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     23296 | NS      | $917862.40    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Veru Inc                                  | Veru Inc                                  | CUSIP: 92536C103<br>LEI: 529900ER63TFLEIJV631 | Long             | EC               | CORP              | US        |     99010 | NS      | $522772.80    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris Inc                               | Viatris Inc                               | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |     19075 | NS      | $212304.75    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group Inc                          | Zillow Group Inc                          | CUSIP: 98954M101<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      5259 | NS      | $164133.39    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Video Communications Inc             | Zoom Video Communications Inc             | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |      8215 | NS      | $556484.10    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  24592409 | NS      | $24592408.51  | 26.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Amcor PLC                                 | Amcor PLC                                 | CUSIP: N/A<br>LEI: 549300GSODGFCDQ3DI89       | Long             | EC               | CORP              | GB        |    105392 | NS      | $1255218.72   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambarella Inc                             | Ambarella Inc                             | CUSIP: N/A<br>LEI: 254900XN7F4DG0CEKC02       | Long             | EC               | CORP              | US        |     59860 | NS      | $4922287.80   | 5.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd                          | Essent Group Ltd                          | CUSIP: N/A<br>LEI: 254900QUO860OUT6ZF83       | Long             | EC               | CORP              | US        |      8624 | NS      | $335301.12    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International            | Johnson Controls International plc        | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | US        |      1935 | NS      | $123840.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Novocure Ltd                              | Novocure Ltd                              | CUSIP: N/A<br>LEI: 213800YPP55UMHWA4826       | Long             | EC               | CORP              | JE        |      2500 | NS      | $183375.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                               | Pentair PLC                               | CUSIP: N/A<br>LEI: 549300EVR9D56WPSRP15       | Long             | EC               | CORP              | GB        |      7563 | NS      | $340183.74    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Triton International Ltd                  | Triton International Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |      5157 | NS      | $354698.46    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC                  | Willis Towers Watson PLC                  | CUSIP: N/A<br>LEI: 549300WHC56FF48KL350       | Long             | EC               | CORP              | GB        |      1567 | NS      | $383256.86    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Perrigo Co PLC                            | Perrigo Co PLC                            | CUSIP: N/A<br>LEI: 549300IFOQS6R1QLY196       | Long             | EC               | CORP              | IE        |     41428 | NS      | $1412280.52   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                     | NXP Semiconductors NV                     | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |      3782 | NS      | $597669.46    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| uniQure NV                                | uniQure NV                                | CUSIP: N/A<br>LEI: 724500RPCTZLFYJZ3S98       | Long             | EC               | CORP              | NL        |     13656 | NS      | $309581.52    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Blueprint Medicines Corp                  | Blueprint Medicines Corp                  | CUSIP: 09627Y109<br>LEI: 5299004CC60O9T5HVM83 | Long             | EC               | CORP              | US        |      4651 | NS      | $203760.31    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                      | Booking Holdings Inc                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       118 | NS      | $237803.04    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Co            | Booz Allen Hamilton Holding Corp          | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |      9542 | NS      | $997329.84    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Box Inc                                   | Box Inc                                   | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |      7510 | NS      | $233786.30    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Brighthouse Financial Inc                 | Brighthouse Financial Inc                 | CUSIP: 10922N103<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EC               | CORP              | US        |      2154 | NS      | $110435.58    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc                | Brixmor Property Group Inc                | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     13042 | NS      | $295662.14    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corp                               | Bruker Corp                               | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |      3446 | NS      | $235534.10    | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Bumble Inc                                | Bumble Inc                                | CUSIP: 12047B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51503 | NS      | $1084138.15   | 1.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Carrier Global Corp                       | Carrier Global Corp                       | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     46257 | NS      | $1908101.25   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cassava Sciences Inc                      | Cassava Sciences Inc                      | CUSIP: 14817C107<br>LEI: 529900XA0UG5JXABYF08 | Long             | EC               | CORP              | US        |      2523 | NS      | $74529.42     | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Cerevel Therapeutics Holdings             | Cerevel Therapeutics Holdings Inc         | CUSIP: 15678U128<br>LEI: 254900RJNIRS9COSQR41 | Long             | EC               | CORP              | US        |     11400 | NS      | $359556.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| ChargePoint Holdings Inc                  | ChargePoint Holdings Inc                  | CUSIP: 15961R105<br>LEI: 254900DVN9TAC2GIPG25 | Long             | EC               | CORP              | US        |     39268 | NS      | $374224.04    | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Cirrus Logic Inc                          | Cirrus Logic Inc                          | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      4686 | NS      | $349013.28    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearfield Inc                            | Clearfield Inc                            | CUSIP: 18482P103<br>LEI: 529900M4S2OQ1ADPR537 | Long             | EC               | CORP              | US        |      1023 | NS      | $96305.22     | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Cognizant Technology Solutions            | Cognizant Technology Solutions Corp       | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     49628 | NS      | $2838225.32   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                      | Colgate-Palmolive Co                      | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      5748 | NS      | $452884.92    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOL Energy Inc                         | CONSOL Energy Inc                         | CUSIP: 20854L108<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |     19837 | NS      | $1289405.00   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co                         | DXC Technology Co                         | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |    134175 | NS      | $3555637.50   | 3.81%             |  |  |  | No            |                  1 | On Loan: —       |
| Delta Air Lines Inc                       | Delta Air Lines Inc                       | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     82408 | NS      | $2707926.88   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                              | DoorDash Inc                              | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |      7425 | NS      | $362488.50    | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| ETFMG Sit Ultra Short ETF                 | ETFMG Sit Ultra Short ETF                 | CUSIP: 26924G789<br>LEI: N/A                  | Long             | EC               | RF                | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp                     | Encompass Health Corp                     | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      9788 | NS      | $585420.28    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                              | Entergy Corp                              | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |      3583 | NS      | $403087.50    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide Inc                     | Euronet Worldwide Inc                     | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     10155 | NS      | $958428.90    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Exact Sciences Corp                       | Exact Sciences Corp                       | CUSIP: 30063P105<br>LEI: 549300VM3X1FYD4N9Z14 | Long             | EC               | CORP              | US        |      6549 | NS      | $324240.99    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                         | Expedia Group Inc                         | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3715 | NS      | $325434.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                            | Five Below Inc                            | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |       482 | NS      | $85251.34     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Communications Parent            | Frontier Communications Parent Inc        | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10781 | NS      | $274699.88    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| fuboTV Inc                                | fuboTV Inc                                | CUSIP: 35953D104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    166166 | NS      | $289128.84    | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| GATX Corp                                 | GATX Corp                                 | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |      1556 | NS      | $165465.04    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                 | Halozyme Therapeutics Inc                 | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      5026 | NS      | $285979.40    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc                         | Herc Holdings Inc                         | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |      4195 | NS      | $551936.15    | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| Independent Bank Corp                     | Independent Bank Corp                     | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |      1905 | NS      | $160839.15    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** ETF Managers Trust

**Signature:** /s/ John Flanagan

**Name of Signer:** John Flanagan

**Title:** Chief Financial Officer