# EDGAR Filing Document

**Accession Number:** 0001552947
**File Stem:** 0000910472-25-006185
**Filing Date:** 2025-12
**Character Count:** 69721
**Document Hash:** 9c607c2faccb7d8b3d926ed291c608bd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-006185.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000910472-25-006185

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Two Roads Shared Trust
- **CENTRAL INDEX KEY:** 0001552947

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22718
- **FILM NUMBER:** 251606238

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Hypatia Women CEO ETF (Series ID: S000079305)

| Class ID   | Class Name            | Ticker Symbol   |
|:---|:---|:---|
| C000240297 | Hypatia Women CEO ETF |  |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **October 31, 2025** | **October 31, 2025** | **October 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 100.1%** |  |
|  | **AEROSPACE & DEFENSE - 1.8%** |  |
| 106 | General Dynamics Corporation | &nbsp;&nbsp;&nbsp; $36560 |
| 324 | National Presto Industries, Inc. | &nbsp;&nbsp;&nbsp; 34658 |
| 60 | Northrop Grumman Corporation | &nbsp;&nbsp;&nbsp; 35007 |
|  |  | &nbsp;&nbsp; 106225 |
|  | **APPAREL & TEXTILE PRODUCTS - 1.8%** |  |
| 4608 | Figs, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 34376 |
| 1825 | Levi Strauss & Company, Class A | &nbsp;&nbsp;&nbsp; 37011 |
| 331 | Tapestry, Inc. | &nbsp;&nbsp;&nbsp; 36350 |
|  |  | &nbsp;&nbsp; 107737 |
|  | **ASSET MANAGEMENT - 1.6%** |  |
| 991 | Acadian Asset Management, Inc. | &nbsp;&nbsp;&nbsp; 47667 |
| 2091 | Franklin Resources, Inc. | &nbsp;&nbsp;&nbsp; 47278 |
|  |  | &nbsp;&nbsp; 94945 |
|  | **AUTOMOTIVE - 0.6%** |  |
| 545 | General Motors Company | &nbsp;&nbsp;&nbsp; 37654 |
|  | **BANKING - 5.6%** |  |
| 783 | 1st Source Corporation | &nbsp;&nbsp;&nbsp; 46542 |
| 2202 | Alerus Financial Corporation | &nbsp;&nbsp;&nbsp; 46506 |
| 1687 | Amalgamated Financial Corporation | &nbsp;&nbsp;&nbsp; 45988 |
| 484 | Citigroup, Inc. | &nbsp;&nbsp;&nbsp; 48996 |
| 2739 | Eagle Bancorp, Inc. | &nbsp;&nbsp;&nbsp; 45878 |
| 1766 | Hanmi Financial Corporation | &nbsp;&nbsp;&nbsp; 46622 |
| 990 | US Bancorp | &nbsp;&nbsp;&nbsp; 46213 |
|  |  | &nbsp;&nbsp; 326745 |
|  | **BEVERAGES - 0.4%** |  |
| 1037 | MGP Ingredients, Inc. | &nbsp;&nbsp;&nbsp; 25095 |
|  | **BIOTECH & PHARMA - 4.9%** |  |
| 724 | ACADIA Pharmaceuticals, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16435 |
| 34 | Alnylam Pharmaceuticals, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15505 |
| 3657 | Arbutus Biopharma Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17298 |
| 325 | Avidity Biosciences, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 22701 |
| 931 | Bicara Therapeutics, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15129 |

---

---

| | | |
|:---|:---|:---|
| **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **October 31, 2025** | **October 31, 2025** | **October 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 100.1% (Continued)** |  |
|  | **BIOTECH & PHARMA - 4.9% (Continued)** |  |
| 240 | Halozyme Therapeutics, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $15646 |
| 252 | Jazz Pharmaceuticals plc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 34684 |
| 4128 | SIGA Technologies, Inc. | &nbsp;&nbsp;&nbsp; 34180 |
| 468 | Twist Bioscience Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15393 |
| 38 | United Therapeutics Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16926 |
| 841 | UroGen Pharma Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17215 |
| 38 | Vertex Pharmaceuticals, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16172 |
| 2667 | Vir Biotechnology, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15895 |
| 239 | Zoetis, Inc. | &nbsp;&nbsp;&nbsp; 34438 |
|  |  | &nbsp;&nbsp; 287617 |
|  | **CABLE & SATELLITE - 1.0%** |  |
| 185 | Cable One, Inc. | &nbsp;&nbsp;&nbsp; 27482 |
| 1400 | Sirius XM Holdings, Inc. | &nbsp;&nbsp;&nbsp; 30366 |
|  |  | &nbsp;&nbsp; 57848 |
|  | **CHEMICALS - 3.2%** |  |
| 1559 | AdvanSix, Inc. | &nbsp;&nbsp;&nbsp; 28982 |
| 2226 | Chemours Company (The) | &nbsp;&nbsp;&nbsp; 29806 |
| 386 | DuPont de Nemours, Inc. | &nbsp;&nbsp;&nbsp; 31517 |
| 509 | HB Fuller Company | &nbsp;&nbsp;&nbsp; 29201 |
| 94 | Sherwin-Williams Company (The) | &nbsp;&nbsp;&nbsp; 32424 |
| 1125 | Valvoline, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 37137 |
|  |  | &nbsp;&nbsp; 189067 |
|  | **COMMERCIAL SUPPORT SERVICES - 1.2%** |  |
| 1647 | AMN Healthcare Services, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 32429 |
| 462 | UL Solutions, Inc., Class A | &nbsp;&nbsp;&nbsp; 35976 |
|  |  | &nbsp;&nbsp; 68405 |
|  | **CONSTRUCTION MATERIALS - 0.2%** |  |
| 660 | MDU Resources Group, Inc. | &nbsp;&nbsp;&nbsp; 12659 |
|  | **DATA CENTER REIT - 0.8%** |  |
| 55 | Equinix, Inc. | &nbsp;&nbsp;&nbsp; 46531 |
|  | **ELECTRIC UTILITIES - 1.3%** |  |
| 195 | ALLETE, Inc. | &nbsp;&nbsp;&nbsp; 13129 |

---

---

| | | |
|:---|:---|:---|
| **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **October 31, 2025** | **October 31, 2025** | **October 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 100.1% (Continued)** |  |
|  | **ELECTRIC UTILITIES - 1.3% (Continued)** |  |
| 190 | Alliant Energy Corporation | &nbsp;&nbsp;&nbsp; $12696 |
| 335 | Avista Corporation | &nbsp;&nbsp;&nbsp; 12747 |
| 97 | IDACORP, Inc. | &nbsp;&nbsp;&nbsp; 12515 |
| 804 | PG&E Corporation | &nbsp;&nbsp;&nbsp; 12832 |
| 285 | Portland General Electric Company | &nbsp;&nbsp;&nbsp; 13019 |
|  |  | &nbsp;&nbsp; 76938 |
|  | **ELECTRICAL EQUIPMENT - 2.0%** |  |
| 806 | Atmus Filtration Technologies, Inc. | &nbsp;&nbsp;&nbsp; 36657 |
| 361 | nVent Electric PLC | &nbsp;&nbsp;&nbsp; 41280 |
| 402 | Otis Worldwide Corporation | &nbsp;&nbsp;&nbsp; 37290 |
|  |  | &nbsp;&nbsp; 115227 |
|  | **ENGINEERING & CONSTRUCTION - 0.7%** |  |
| 533 | Exponent, Inc. | &nbsp;&nbsp;&nbsp; 37742 |
|  | **ENTERTAINMENT CONTENT - 0.5%** |  |
| 4012 | Reservoir Media, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 30491 |
|  | **FOOD - 0.8%** |  |
| 763 | BellRing Brands, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 22989 |
| 673 | Tootsie Roll Industries, Inc. | &nbsp;&nbsp;&nbsp; 23750 |
|  |  | &nbsp;&nbsp; 46739 |
|  | **GAS & WATER UTILITIES - 0.4%** |  |
| 218 | Middlesex Water Company | &nbsp;&nbsp;&nbsp; 12528 |
| 160 | Southwest Gas Holdings, Inc. | &nbsp;&nbsp;&nbsp; 12720 |
|  |  | &nbsp;&nbsp; 25248 |
|  | **HEALTH CARE FACILITIES & SERVICES - 3.6%** |  |
| 3719 | AdaptHealth Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 33434 |
| 3947 | Brookdale Senior Living, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 36589 |
| 1023 | Centene Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 36184 |
| 103 | Elevance Health, Inc. | &nbsp;&nbsp;&nbsp; 32672 |
| 271 | GeneDx Holdings Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 37102 |
| 2251 | SI-BONE, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 33382 |
|  |  | &nbsp;&nbsp; 209363 |

---

---

| | | |
|:---|:---|:---|
| **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **October 31, 2025** | **October 31, 2025** | **October 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 100.1% (Continued)** |  |
|  | **HEALTH CARE REIT - 0.8%** |  |
| 656 | Ventas, Inc. | &nbsp;&nbsp;&nbsp; $48405 |
|  | **HOME & OFFICE PRODUCTS - 0.6%** |  |
| 2118 | MillerKnoll, Inc. | &nbsp;&nbsp;&nbsp; 33083 |
|  | **HOME CONSTRUCTION - 1.2%** |  |
| 1314 | Interface, Inc. | &nbsp;&nbsp;&nbsp; 32719 |
| 627 | Taylor Morrison Home Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 37162 |
|  |  | &nbsp;&nbsp; 69881 |
|  | **HOTEL REIT - 0.8%** |  |
| 6620 | RLJ Lodging Trust | &nbsp;&nbsp;&nbsp; 45016 |
|  | **HOUSEHOLD PRODUCTS - 1.8%** |  |
| 217 | Clorox Company (The) | &nbsp;&nbsp;&nbsp; 24404 |
| 6096 | Coty, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 24201 |
| 1857 | Helen of Troy Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 34596 |
| 22940 | Olaplex Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23858 |
|  |  | &nbsp;&nbsp; 107059 |
|  | **INDUSTRIAL SUPPORT SERVICES - 0.5%** |  |
| 1060 | Global Industrials, Co. | &nbsp;&nbsp;&nbsp; 30125 |
|  | **INSTITUTIONAL FINANCIAL SERVICES - 0.8%** |  |
| 541 | Nasdaq, Inc. | &nbsp;&nbsp;&nbsp; 46250 |
|  | **INSURANCE - 7.3%** |  |
| 1152 | AMERISAFE, Inc. | &nbsp;&nbsp;&nbsp; 46172 |
| 1149 | Employers Holdings, Inc. | &nbsp;&nbsp;&nbsp; 43811 |
| 1063 | Horace Mann Educators Corporation | &nbsp;&nbsp;&nbsp; 47527 |
| 481 | Jackson Financial, Inc., Class A | &nbsp;&nbsp;&nbsp; 48490 |
| 1196 | Lincoln National Corporation | &nbsp;&nbsp;&nbsp; 50232 |
| 600 | Principal Financial Group, Inc. | &nbsp;&nbsp;&nbsp; 50423 |
| 218 | Progressive Corporation (The) | &nbsp;&nbsp;&nbsp; 44908 |
| 1091 | Trupanion, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 43629 |

---

---

| | | |
|:---|:---|:---|
| **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **October 31, 2025** | **October 31, 2025** | **October 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 100.1% (Continued)** |  |
|  | **INSURANCE - 7.3% (Continued)** |  |
| 650 | Voya Financial, Inc. | &nbsp;&nbsp;&nbsp; $48399 |
|  |  | &nbsp;&nbsp; 423591 |
|  | **INTERNET MEDIA & SERVICES - 1.3%** |  |
| 173 | Expedia Group, Inc. | &nbsp;&nbsp;&nbsp; 38060 |
| 2311 | Upwork, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 36837 |
|  |  | &nbsp;&nbsp; 74897 |
|  | **LEISURE FACILITIES & SERVICES - 2.5%** |  |
| 1045 | Cracker Barrel Old Country Store, Inc. | &nbsp;&nbsp;&nbsp; 35217 |
| 667 | Dutch Bros, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 37045 |
| 3037 | Lindblad Expeditions Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 36626 |
| 386 | Planet Fitness, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 35006 |
|  |  | &nbsp;&nbsp; 143894 |
|  | **MACHINERY - 3.1%** |  |
| 66 | Curtiss-Wright Corporation | &nbsp;&nbsp;&nbsp; 39318 |
| 294 | Federal Signal Corporation | &nbsp;&nbsp;&nbsp; 34701 |
| 1426 | Mueller Water Products, Inc., Class A - Series A | &nbsp;&nbsp;&nbsp; 36591 |
| 48 | Parker-Hannifin Corporation | &nbsp;&nbsp;&nbsp; 37096 |
| 352 | Veralto Corporation | &nbsp;&nbsp;&nbsp; 34735 |
|  |  | &nbsp;&nbsp; 182441 |
|  | **MEDICAL EQUIPMENT & DEVICES - 2.3%** |  |
| 2704 | Ceribell, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 30826 |
| 108 | Insulet Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 33805 |
| 236 | Masimo Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 33193 |
| 421 | Merit Medical Systems, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 36854 |
|  |  | &nbsp;&nbsp; 134678 |
|  | **METALS & MINING - 1.5%** |  |
| 757 | Freeport-McMoRan, Inc. | &nbsp;&nbsp;&nbsp; 31567 |
| 3930 | SunCoke Energy, Inc. | &nbsp;&nbsp;&nbsp; 31479 |
| 1326 | USA Rare Earth, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 25791 |
|  |  | &nbsp;&nbsp; 88837 |
|  | **OFFICE REIT - 0.8%** |  |
| 1128 | Kilroy Realty Corporation | &nbsp;&nbsp;&nbsp; 47658 |

---

---

| | | |
|:---|:---|:---|
| **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **October 31, 2025** | **October 31, 2025** | **October 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 100.1% (Continued)** |  |
|  | **OIL & GAS PRODUCERS - 3.0%** |  |
| 2262 | Kinder Morgan, Inc. | &nbsp;&nbsp;&nbsp; $59242 |
| 298 | Marathon Petroleum Corporation | &nbsp;&nbsp;&nbsp; 58083 |
| 1375 | Occidental Petroleum Corporation | &nbsp;&nbsp;&nbsp; 56650 |
|  |  | &nbsp;&nbsp; 173975 |
|  | **OIL & GAS SERVICES & EQUIPMENT - 1.1%** |  |
| 1147 | Solaris Oilfield Infrastructure, Inc. | &nbsp;&nbsp;&nbsp; 61055 |
|  | **PUBLISHING & BROADCASTING - 0.5%** |  |
| 525 | New York Times Company (The), Class A | &nbsp;&nbsp;&nbsp; 29920 |
|  | **REAL ESTATE SERVICES - 0.7%** |  |
| 2701 | Cushman & Wakefield PLC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 42406 |
|  | **RENEWABLE ENERGY - 0.6%** |  |
| 1775 | Sunrun, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 36849 |
|  | **RESIDENTIAL REIT - 2.3%** |  |
| 775 | Centerspace | &nbsp;&nbsp;&nbsp; 45919 |
| 750 | Equity LifeStyle Properties, Inc. | &nbsp;&nbsp;&nbsp; 45788 |
| 175 | Essex Property Trust, Inc. | &nbsp;&nbsp;&nbsp; 44060 |
|  |  | &nbsp;&nbsp; 135767 |
|  | **RETAIL - CONSUMER STAPLES - 1.1%** |  |
| 1353 | Albertsons Companies, Inc., Class A | &nbsp;&nbsp;&nbsp; 23935 |
| 243 | Five Below, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 38216 |
|  |  | &nbsp;&nbsp; 62151 |
|  | **RETAIL - DISCRETIONARY - 5.2%** |  |
| 538 | Abercrombie & Fitch Company, Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 39032 |
| 456 | Best Buy Company, Inc. | &nbsp;&nbsp;&nbsp; 37456 |
| 168 | Dick's Sporting Goods, Inc. | &nbsp;&nbsp;&nbsp; 37204 |
| 1159 | La-Z-Boy, Inc. | &nbsp;&nbsp;&nbsp; 36740 |
| 2501 | Sally Beauty Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 37790 |
| 74 | Ulta Beauty, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 38471 |
| 1144 | Victoria's Secret & Company<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 40326 |

---

---

| | | |
|:---|:---|:---|
| **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **October 31, 2025** | **October 31, 2025** | **October 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 100.1% (Continued)** |  |
|  | **RETAIL - DISCRETIONARY - 5.2% (Continued)** |  |
| 200 | Williams-Sonoma, Inc. | &nbsp;&nbsp;&nbsp; $38868 |
|  |  | &nbsp;&nbsp; 305887 |
|  | **RETAIL REIT - 0.8%** |  |
| 636 | Regency Centers Corporation | &nbsp;&nbsp;&nbsp; 43852 |
|  | **SEMICONDUCTORS - 2.3%** |  |
| 261 | Advanced Micro Devices, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 66848 |
| 1534 | Power Integrations, Inc. | &nbsp;&nbsp;&nbsp; 64259 |
|  |  | &nbsp;&nbsp; 131107 |
|  | **SOFTWARE - 5.0%** |  |
| 5097 | Bumble, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 28288 |
| 2107 | Clear Secure, Inc., Class A | &nbsp;&nbsp;&nbsp; 64200 |
| 140 | HubSpot, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 68870 |
| 694 | Life360, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 68505 |
| 740 | Workiva, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 62907 |
|  |  | &nbsp;&nbsp; 292770 |
|  | **STEEL - 1.3%** |  |
| 415 | ATI, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 41072 |
| 113 | Reliance, Inc. | &nbsp;&nbsp;&nbsp; 31915 |
|  |  | &nbsp;&nbsp; 72987 |
|  | **TECHNOLOGY HARDWARE - 5.6%** |  |
| 429 | Arista Networks, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 67648 |
| 1822 | Clearfield, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 64317 |
| 1026 | Flex Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 64146 |
| 4955 | NextNav, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 66149 |
| 4079 | PagerDuty, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 65509 |
|  |  | &nbsp;&nbsp; 327769 |
|  | **TECHNOLOGY SERVICES - 6.8%** |  |
| 267 | Accenture PLC, Class A | &nbsp;&nbsp;&nbsp; 66776 |
| 131 | Automatic Data Processing, Inc. | &nbsp;&nbsp;&nbsp; 34099 |
| 417 | CDW Corporation | &nbsp;&nbsp;&nbsp; 66457 |
| 705 | Fidelity National Information Services, Inc. | &nbsp;&nbsp;&nbsp; 44077 |
| 605 | Insight Enterprises, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 60500 |
| 439 | Parsons Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 36498 |

---

---

| | | |
|:---|:---|:---|
| **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** | **HYPATIA WOMEN CEO ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **October 31, 2025** | **October 31, 2025** | **October 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 100.1% (Continued)** |  |
|  | **TECHNOLOGY SERVICES - 6.8% (Continued)** |  |
| 98 | S&P Global, Inc. | &nbsp;&nbsp;&nbsp; $47747 |
| 299 | WEX, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 43618 |
|  |  | &nbsp;&nbsp; 399772 |
|  | **TELECOMMUNICATIONS - 0.7%** |  |
| 3706 | Lumen Technologies, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 38098 |
|  | **TRANSPORTATION & LOGISTICS - 3.6%** |  |
| 496 | ArcBest Corporation | &nbsp;&nbsp;&nbsp; 36863 |
| 1213 | International Seaways, Inc. | &nbsp;&nbsp;&nbsp; 62142 |
| 224 | JB Hunt Transport Services, Inc. | &nbsp;&nbsp;&nbsp; 37825 |
| 8091 | JetBlue Airways Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 33982 |
| 423 | United Parcel Service, Inc., Class B | &nbsp;&nbsp;&nbsp; 40786 |
|  |  | &nbsp;&nbsp; 211598 |
|  | **TRANSPORTATION EQUIPMENT - 1.8%** |  |
| 87 | Cummins, Inc. | &nbsp;&nbsp;&nbsp; 38078 |
| 804 | Greenbrier Companies, Inc. (The) | &nbsp;&nbsp;&nbsp; 33583 |
| 1308 | Trinity Industries, Inc. | &nbsp;&nbsp;&nbsp; 35800 |
|  |  | &nbsp;&nbsp; 107461 |
|  | **TOTAL COMMON STOCKS (Cost $5,483,230)** | &nbsp;&nbsp; 5851515 |
|  | **RIGHTS — 0.0%** |  |
|  | **MEDICAL EQUIPMENT & DEVICES - 0.0%** |  |
| 71 | Blueprint Medicines Corporation – CVR (Cost $-)<sup>(a),(b)</sup> | &nbsp;&nbsp;&nbsp; – |
|  | **TOTAL INVESTMENTS - 100.1% (Cost $5,483,230)** | &nbsp;&nbsp;&nbsp; $5851515 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - (0.1)%** | &nbsp;&nbsp; (4197) |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $5847318 |

---

---

| | |
|:---|:---|
| LTD | - Limited Company |
| PLC | - Public Limited Company |
| REIT | - Real Estate Investment Trust |

---

<sup>(a)</sup> Non-income producing security. <br> <sup>(b)</sup> Fair value was determined using significant unobservable inputs.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Two Roads Shared Trust

- **b. Investment Company Act file number:** 811-22718

- **c. CIK number of Registrant:** 0001552947

- **d. LEI of Registrant:** 549300REHU8QC2CK4V30

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 402-895-1600

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

- **a. Name of Series:** Hypatia Women CEO ETF

- **b. EDGAR series identifier (if any):** S000079305

- **c. LEI of Series:** 5493006PSZAXD5BEWT39

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $6166608.80

**Total Liabilities:** $319290.76

**Net Assets:** $5847318.04

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000240297 | 7.32%                | -0.34%               | -0.25%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-44243.16               | $418144.69                                 |
| Month 2  | $110471.67               | $-135046.77                                |
| Month 3  | $59359.18                | $-72741.55                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| General Dynamics Corporation               | GENERAL DYNAMICS  | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       106 | NS      | $36559.40     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Energy Infrastructure Inc          | SOLARIS ENERGY I  | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |      1147 | NS      | $61054.81     | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Life360 Inc.                               | LIFE360 INC       | CUSIP: 532206109<br>LEI: 254900VO9VDOQBQAHF07 | Long             | EC               | CORP              | US        |       694 | NS      | $68504.74     | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GeneDx Holdings Corp                       | GENEDX HOLDINGS   | CUSIP: 81663L200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       271 | NS      | $37102.61     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Abercrombie & Fitch Co                     | ABERCROMBIE & FI  | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |       538 | NS      | $39031.90     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Exponent Inc                               | EXPONENT INC      | CUSIP: 30214U102<br>LEI: 529900NY3F5Q2NWPUZ42 | Long             | EC               | CORP              | US        |       533 | NS      | $37741.73     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| 1st Source Corporation                     | 1ST SOURCE CORP   | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       783 | NS      | $46541.52     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Levi Strauss & Co.                         | LEVI STRAUSS-A    | CUSIP: 52736R102<br>LEI: MB0UERO0RDFKU8258G77 | Long             | EC               | CORP              | US        |      1825 | NS      | $37011.00     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Workiva Inc                                | WORKIVA INC       | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |       740 | NS      | $62907.40     | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| The Sherwin-Williams Company               | SHERWIN-WILLIAMS  | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |        94 | NS      | $32424.36     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcbest Corporation                        | ARCBEST CORP      | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |       496 | NS      | $36862.72     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Employers Holdings Inc.                    | EMPLOYERS HOLDIN  | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1149 | NS      | $43811.37     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SI-BONE Inc.                               | SI-BONE INC       | CUSIP: 825704109<br>LEI: 549300J8JGYVJJHV9C31 | Long             | EC               | CORP              | US        |      2251 | NS      | $33382.33     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corporation                        | INSULET CORP      | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |       108 | NS      | $33805.08     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Alerus Financial Corp.                     | ALERUS FINANCIAL  | CUSIP: 01446U103<br>LEI: 5493008BXLBPPELQ3G57 | Long             | EC               | CORP              | US        |      2202 | NS      | $46506.24     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| International Seaways Inc.                 | INTERNATIONAL SE  | CUSIP: Y41053102<br>LEI: 549300YUFDGFRNGBWF46 | Long             | EC               | CORP              | MH        |      1213 | NS      | $62141.99     | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Pagerduty Inc                              | PAGERDUTY INC     | CUSIP: 69553P100<br>LEI: 549300U1SB749EDAGH21 | Long             | EC               | CORP              | US        |      4079 | NS      | $65508.74     | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies Inc                     | LUMEN TECHNOLOGI  | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |      3706 | NS      | $38097.68     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                       | OTIS WORLDWI      | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |       402 | NS      | $37289.52     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Olaplex Holdings Inc                       | OLAPLEX HOLDINGS  | CUSIP: 679369108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22940 | NS      | $23857.60     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                                | CENTERSPACE       | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |       775 | NS      | $45918.75     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Trupanion Inc                              | TRUPANION INC     | CUSIP: 898202106<br>LEI: 549300J86GFKIDGMQP18 | Long             | EC               | CORP              | US        |      1091 | NS      | $43629.09     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| The Greenbrier Companies, Inc.             | GREENBRIER COS    | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |       804 | NS      | $33583.08     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Integrations Inc.                    | POWER INTEGRATIO  | CUSIP: 739276103<br>LEI: 54930085LGXSCIHD5W31 | Long             | EC               | CORP              | US        |      1534 | NS      | $64259.26     | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Bicara Therapeutics Inc.                   | BICARA THERAPEUT  | CUSIP: 055477103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       931 | NS      | $15128.75     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bancorp Inc                          | EAGLE BANCRP INC  | CUSIP: 268948106<br>LEI: 549300B47NZODRMG3D47 | Long             | EC               | CORP              | US        |      2739 | NS      | $45878.25     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                | UNITED PARCEL-B   | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |       423 | NS      | $40785.66     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                | DICK'S SPORTING   | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |       168 | NS      | $37203.60     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Industrial Company                  | GLOBAL INDUSTRIA  | CUSIP: 37892E102<br>LEI: 5493000GO8Z3HEWCGE46 | Long             | EC               | CORP              | US        |      1060 | NS      | $30125.20     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy Inc                               | LA-Z-BOY INC      | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |      1159 | NS      | $36740.30     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                          | EXPEDIA GROUP IN  | CUSIP: 30212P303<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | EC               | CORP              | US        |       173 | NS      | $38060.00     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp.                       | FED SIGNAL CORP   | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |       294 | NS      | $34700.82     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corporation                           | PG&E CORP         | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |       804 | NS      | $12831.84     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products, Inc.               | MUELLER WATER-A   | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |      1426 | NS      | $36591.16     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc.                       | ELEVANCE HEALTH   | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |       103 | NS      | $32671.60     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                      | FREEPORT-MCMORAN  | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |       757 | NS      | $31566.90     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX Inc                                    | WEX INC           | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |       299 | NS      | $43618.12     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Lifestyle Properties Inc            | EQUITY LIFESTYLE  | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |       750 | NS      | $45787.50     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| USA Rare Earth Inc.                        | USA RARE EARTH I  | CUSIP: 91733P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1326 | NS      | $25790.70     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corporation               | TWIST BIOSCIENCE  | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |       468 | NS      | $15392.52     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| National Presto Industries Inc.            | NATL PRESTO INDS  | CUSIP: 637215104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       324 | NS      | $34658.28     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Coty Inc.                                  | COTY INC-CL A     | CUSIP: 222070203<br>LEI: 549300BO9IWPF3S48F93 | Long             | EC               | CORP              | US        |      6096 | NS      | $24201.12     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Company          | PORTLAND GENERAL  | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |       285 | NS      | $13018.80     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubspot Inc                                | HUBSPOT INC       | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |       140 | NS      | $68868.80     | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                              | VERALTO CORP      | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |       352 | NS      | $34735.36     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corporation                         | AVISTA CORP       | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |       335 | NS      | $12746.75     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc.                | ADV MICRO DEVICE  | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |       261 | NS      | $66847.32     | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumble Inc                                 | BUMBLE INC-A      | CUSIP: 12047B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5097 | NS      | $28288.35     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                             | S&P GLOBAL INC    | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |        98 | NS      | $47746.58     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                      | PARKER HANNIFIN   | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |        48 | NS      | $37095.84     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearfield Inc.                            | CLEARFIELD INC    | CUSIP: 18482P103<br>LEI: 529900M4S2OQ1ADPR537 | Long             | EC               | CORP              | US        |      1822 | NS      | $64316.60     | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUEPRINT MEDICINES CORPORATION            | BLUEPRINT MED CVR | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |        71 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Allete Inc                                 | ALLETE INC        | CUSIP: 018522300<br>LEI: 549300NNLSIMY6Z8OT86 | Long             | EC               | CORP              | US        |       195 | NS      | $13129.35     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Dupont De Nemours Inc                      | DUPONT DE NEMOUR  | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |       386 | NS      | $31516.90     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated        | VERTEX PHARM      | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |        38 | NS      | $16171.66     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Arbutus Biopharma Corp.                    | ARBUTUS BIOPHARM  | CUSIP: 03879J100<br>LEI: 25490064CESONAUIAS23 | Long             | EC               | CORP              | CA        |      3657 | NS      | $17297.61     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc | FIDELITY NATIONA  | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |       705 | NS      | $44076.60     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| VIR Biotechnology Inc                      | VIR BIOTECHNOLOG  | CUSIP: 92764N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2667 | NS      | $15895.32     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corporation               | NORTHROP GRUMMAN  | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |        60 | NS      | $35007.00     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corporation                        | PARSONS CORP      | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |       439 | NS      | $36498.46     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd.                                  | FLEX LTD          | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | SG        |      1026 | NS      | $64145.52     | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp.                   | MARATHON PETROLE  | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |       298 | NS      | $58083.18     | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corporation                 | ALLIANT ENERGY    | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |       190 | NS      | $12695.80     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Interface, Inc.                            | INTERFACE INC     | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |      1314 | NS      | $32718.60     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Victorias Secret and Co                    | VICTORIA'S SECRE  | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |      1144 | NS      | $40326.00     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corporation          | HORACE MANN EDUC  | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |      1063 | NS      | $47526.73     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc.                        | PLANET FITNESS-A  | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |       386 | NS      | $35006.34     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                               | TAPESTRY INC      | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |       331 | NS      | $36350.42     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Pharmaceuticals Inc                 | ACADIA PHARMACEU  | CUSIP: 004225108<br>LEI: 529900O3044NO0PEA039 | Long             | EC               | CORP              | US        |       724 | NS      | $16434.80     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                                | ZOETIS INC        | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |       239 | NS      | $34437.51     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrun Inc.                                | SUNRUN INC        | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |      1775 | NS      | $36849.00     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc                      | JACKSON FI-A      | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |       481 | NS      | $48489.61     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                              | ACCENTURE PLC-A   | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |       267 | NS      | $66776.70     | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust, Inc.                 | ESSEX PROPERTY    | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |       175 | NS      | $44059.75     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| UL Solutions Inc.                          | UL SOLUTIONS I-A  | CUSIP: 903731107<br>LEI: 549300F7CUV5ESKV9P71 | Long             | EC               | CORP              | US        |       462 | NS      | $35975.94     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc.                 | MERIT MEDICAL     | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |       421 | NS      | $36854.34     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Reservoir Media Inc.                       | RESERVOIR MEDIA   | CUSIP: 76119X105<br>LEI: 549300PHPDQ9M9QSNU18 | Long             | EC               | CORP              | US        |      4012 | NS      | $30491.20     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corporation                  | KILROY REALTY     | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |      1128 | NS      | $47658.00     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Urogen Pharma Ltd                          | UROGEN PHARMA LT  | CUSIP: M96088105<br>LEI: 549300C0YCX7CG2G5D50 | Long             | EC               | CORP              | IL        |       841 | NS      | $17215.27     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                                    | ATI INC           | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |       415 | NS      | $41072.55     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusXM Holdings Inc                      | SIRIUS XM HOLDIN  | CUSIP: 829933100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1400 | NS      | $30366.00     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp.                              | US BANCORP        | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |       990 | NS      | $46213.20     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| MillerKnoll Inc.                           | MILLERKNOLL INC   | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |      2118 | NS      | $33083.16     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                            | ULTA BEAUTY INC   | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |        74 | NS      | $38471.12     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield PLC                    | CUSHMAN & WAKEFI  | CUSIP: G2717B108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2701 | NS      | $42405.70     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp.                       | CURTISS-WRIGHT    | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |        66 | NS      | $39318.18     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp.                     | LINCOLN NATL CRP  | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |      1196 | NS      | $50232.00     | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                             | FIVE BELOW        | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |       243 | NS      | $38216.61     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Helen Of Troy Corp                         | HELEN OF TROY     | CUSIP: G4388N106<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      1857 | NS      | $34595.91     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanmi Financial Corp.                      | HANMI FINL CORP   | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |      1766 | NS      | $46622.40     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CeriBell Inc.                              | CERIBELL INC      | CUSIP: 15678C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2704 | NS      | $30825.60     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AdaptHealth Corporation                    | ADAPTHEALTH CORP  | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3719 | NS      | $33433.81     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                             | CITIGROUP INC     | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |       484 | NS      | $48995.32     | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Advansix Inc                               | ADVANSIX INC      | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |      1559 | NS      | $28981.81     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| MGP Ingredients Inc.                       | MGP INGREDIENTS   | CUSIP: 55303J106<br>LEI: 2549006OMHFVZ4MS8538 | Long             | EC               | CORP              | US        |      1037 | NS      | $25095.40     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                  | TAYLOR MORRISON   | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |       627 | NS      | $37162.29     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals PLC                   | JAZZ PHARMACEUTI  | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |       252 | NS      | $34685.28     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Cracker Barrel Old Country Store Inc.      | CRACKER BARREL    | CUSIP: 22410J106<br>LEI: 8P4PHQIUWPIECBFBW745 | Long             | EC               | CORP              | US        |      1045 | NS      | $35216.50     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp.                              | CENTENE CORP      | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |      1023 | NS      | $36183.51     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp                                   | CDW CORP/DE       | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |       417 | NS      | $66457.29     | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                              | VALVOLINE INC     | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |      1125 | NS      | $37136.25     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| NextNav Inc                                | NEXTNAV INC       | CUSIP: 65345N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4955 | NS      | $66149.25     | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Masimo Corporation                         | MASIMO CORP       | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |       236 | NS      | $33193.40     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma Inc.                       | WILLIAMS-SONOMA   | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |       200 | NS      | $38868.00     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Intermediate Holdings Inc.        | BELLRING BRANDS   | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |       763 | NS      | $22989.19     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp.                 | OCCIDENTAL PETE   | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |      1375 | NS      | $56650.00     | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadian Asset Management Inc               | ACADIAN ASSET MA  | CUSIP: 10948W103<br>LEI: 5493004FTLQNQTBOP608 | Long             | EC               | CORP              | US        |       991 | NS      | $47667.10     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Albertsons Companies Inc.                  | ALBERTSONS COS-A  | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |      1353 | NS      | $23934.57     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc.                               | CUMMINS INC       | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |        87 | NS      | $38078.16     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                              | EQUINIX INC       | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |        55 | NS      | $46530.55     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Middlesex Water Co.                        | MIDDLESEX WATER   | CUSIP: 596680108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       218 | NS      | $12528.46     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc.                                | VENTAS INC        | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |       656 | NS      | $48406.24     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group Inc.             | PRINCIPAL FINL    | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |       600 | NS      | $50424.00     | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookdale Senior Living Inc.               | BROOKDALE SR      | CUSIP: 112463104<br>LEI: LH7MQB13NWY7CJ9VC445 | Long             | EC               | CORP              | US        |      3947 | NS      | $36588.69     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Secure Inc                           | CLEAR SECURE I-A  | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2107 | NS      | $64200.29     | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NVent Electric PLC                         | NVENT ELECTRIC    | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |       361 | NS      | $41280.35     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Dutch Bros Inc                             | DUTCH BROS INC-A  | CUSIP: 26701L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       667 | NS      | $37045.18     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGA Technologies Inc.                     | SIGA TECH INC     | CUSIP: 826917106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4128 | NS      | $34179.84     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corporation            | UNITED THERAPEUT  | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |        38 | NS      | $16926.34     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                         | VOYA FINANCIAL I  | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |       650 | NS      | $48399.00     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Idacorp Inc                                | IDACORP INC       | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |        97 | NS      | $12514.94     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| H B Fuller Company                         | HB FULLER CO      | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |       509 | NS      | $29201.33     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                               | RELIANCE INC      | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |       113 | NS      | $31914.59     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Amalgamated Financial Corp.                | AMALGAMATED FINA  | CUSIP: 022671101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1687 | NS      | $45987.62     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies Inc.         | ATMUS FILTRATION  | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       806 | NS      | $36656.88     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SunCoke Energy, Inc.                       | SUNCOKE ENERGY I  | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |      3930 | NS      | $31479.30     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Resources Inc.                    | FRANKLIN RES INC  | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |      2091 | NS      | $47277.51     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                        | ARISTA NETWORKS   | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |       429 | NS      | $67649.01     | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                      | REGENCY CENTERS   | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |       636 | NS      | $43852.20     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BBH SWEEP VEHICLE                          | BBH SWEEP VEHICLE | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |     13192 | PA      | $13192.36     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                | PROGRESSIVE CORP  | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |       218 | NS      | $44908.00     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises Inc.                   | INSIGHT ENTERPRI  | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |       605 | NS      | $60500.00     | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corporation                | JETBLUE AIRWAYS   | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |      8091 | NS      | $33982.20     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ Lodging Trust LP                       | RLJ LODGING TRUS  | CUSIP: 74965L101<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | EC               | CORP              | US        |      6620 | NS      | $45016.00     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                        | KINDER MORGAN IN  | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |      2262 | NS      | $59241.78     | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                 | NASDAQ INC        | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |       541 | NS      | $46250.09     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.            | AUTOMATIC DATA    | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |       131 | NS      | $34099.30     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| The Clorox Company                         | CLOROX CO         | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |       217 | NS      | $24403.82     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindblad Expeditions Holdings Inc.         | LINDBLAD EXPEDIT  | CUSIP: 535219109<br>LEI: 549300GSPW24GZE6R597 | Long             | EC               | CORP              | US        |      3037 | NS      | $36626.22     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Sally Beauty Holdings Inc.                 | SALLY BEAUTY HOL  | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |      2501 | NS      | $37790.11     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Amerisafe Inc                              | AMERISAFE INC     | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |      1152 | NS      | $46172.16     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Company                     | GENERAL MOTORS C  | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |       545 | NS      | $37654.05     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| The New York Times Company                 | NEW YORK TIMES-A  | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |       525 | NS      | $29919.75     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc                 | SOUTHWEST GAS HO  | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |       160 | NS      | $12720.00     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| J. B. Hunt Transport Services, Inc.        | HUNT (JB) TRANS   | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |       224 | NS      | $37824.64     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Tootsie Roll Industries Inc.               | TOOTSIE ROLL IND  | CUSIP: 890516107<br>LEI: 529900SBKOV9XX4M4Q35 | Long             | EC               | CORP              | US        |       673 | NS      | $23750.17     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                  | HALOZYME THERAPE  | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |       240 | NS      | $15645.60     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc.                           | BEST BUY CO INC   | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |       456 | NS      | $37455.84     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc                | AMN HEALTHCARE    | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |      1647 | NS      | $32429.43     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One Inc                              | CABLE ONE INC     | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |       185 | NS      | $27481.75     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| FIGS Inc                                   | FIGS INC-CLASS A  | CUSIP: 30260D103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4608 | NS      | $34375.68     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group, Inc.                  | MDU RES GROUP     | CUSIP: 552690109<br>LEI: 549300MA0UV6AI6SNV27 | Long             | EC               | CORP              | US        |       660 | NS      | $12658.80     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries, Inc.                   | TRINITY INDUSTRI  | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |      1308 | NS      | $35799.96     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Upwork Inc                                 | UPWORK INC        | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |      2311 | NS      | $36837.34     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| The Chemours Company LLC                   | CHEMOURS CO       | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |      2226 | NS      | $29806.14     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidity Biosciences Inc.                   | AVIDITY BIOSCIEN  | CUSIP: 05370A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       325 | NS      | $22701.25     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc.               | ALNYLAM PHARMACE  | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |        34 | NS      | $15505.36     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** Two Roads Shared Trust

**Signature:** Laura Szalyga

**Name of Signer:** Laura Szalyga

**Title:** Treasurer