# EDGAR Filing Document

**Accession Number:** 0001683471
**File Stem:** 0001193125-26-236584
**Filing Date:** 2026-5
**Character Count:** 23521
**Document Hash:** b3342c0edf61a0666548c7fd1d069c13
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-236584.hdr.sgml**: 20260522

**ACCESSION NUMBER**: 0001193125-26-236584

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260522

**DATE AS OF CHANGE**: 20260522

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Listed Funds Trust
- **CENTRAL INDEX KEY:** 0001683471

**ORGANIZATION NAME:**
- **EIN:** 826272597
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23226
- **FILM NUMBER:** 261013275

**BUSINESS ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-765-5144

**MAIL ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Active Weighting Funds ETF Trust
- **DATE OF NAME CHANGE:** 20160830

## Series and Classes Contracts Data

### Horizon Kinetics Energy and Remediation ETF (Series ID: S000079432)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000240468 | Horizon Kinetics Energy and Remediation ETF | NVIR            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Horizon Kinetics Energy and Remediation ETF** | **Horizon Kinetics Energy and Remediation ETF** | **Horizon Kinetics Energy and Remediation ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** |
| **COMMON STOCKS - 98.6%** | **Shares**  | **Value**  |
| **Chemicals-Specialty - 1.7%** | **Chemicals-Specialty - 1.7%** | |
| Ecolab, Inc. | 396 | $105344 |
| **Diagnostic Kits - 1.2%** | **Diagnostic Kits - 1.2%** |  |
| IDEXX Laboratories, Inc. <sup>(a)</sup> | 126 | 70798 |
| **Electronic Measuring Instruments - 3.0%** | **Electronic Measuring Instruments - 3.0%** |  |
| Badger Meter, Inc. | 528 | 80441 |
| Itron, Inc. <sup>(a)</sup> | 1104 | 98951 |
|  |  | 179392 |
| **Engineering-Research & Development Services - 1.3%** | **Engineering-Research & Development Services - 1.3%** |  |
| Fluor Corp. <sup>(a)</sup> | 1716 | 80051 |
| **Machinery-Electrical - 1.0%** | **Machinery-Electrical - 1.0%** |  |
| Franklin Electric Co., Inc. | 666 | 61385 |
| **Machinery-General Industrial - 0.9%** | **Machinery-General Industrial - 0.9%** |  |
| IDEX Corp. | 276 | 52316 |
| **Machinery-Pumps - 5.1%** | **Machinery-Pumps - 5.1%** |  |
| Flowserve Corp. | 1794 | 131877 |
| Watts Water Technologies, Inc. - Class A | 354 | 102763 |
| Xylem, Inc. | 600 | 71700 |
|  |  | 306340 |
| **Oil Companies-Exploration & Production - 19.3%** | **Oil Companies-Exploration & Production - 19.3%** |  |
| ConocoPhillips | 1320 | 174240 |
| Diamondback Energy, Inc. | 1020 | 201746 |
| EOG Resources, Inc. | 1164 | 168280 |
| EQT Corp. | 4446 | 282943 |
| Expand Energy Corp. | 1710 | 187724 |
| Occidental Petroleum Corp. | 2286 | 148590 |
|  |  | 1163523 |
| **Oil Companies-Integrated - 10.7%** | **Oil Companies-Integrated - 10.7%** |  |
| Exxon Mobil Corp. | 2172 | 368502 |
| Suncor Energy, Inc. | 4158 | 274885 |
|  |  | 643387 |
| **Oil-Field Services - 26.6% <sup>(b)</sup>** | **Oil-Field Services - 26.6% <sup>(b)</sup>** |  |
| Calfrac Well Services Ltd. <sup>(a)</sup> | 14322 | 67220 |
| CES Energy Solutions Corp. | 29646 | 391088 |
| Enerflex Ltd. <sup>(c)</sup> | 9990 | 208991 |
| Liberty Energy, Inc. | 4158 | 119751 |
| Secure Waste Infrastructure Corp. <sup>(a)</sup> | 10446 | 163402 |
| SLB Ltd. | 2538 | 130428 |
| TETRA Technologies, Inc. <sup>(a)</sup> | 16320 | 139046 |
| Trican Well Service Ltd. | 26898 | 140894 |
| WaterBridge Infrastructure LLC - Class A | 9000 | 241110 |
|  |  | 1601930 |
| **Oil-US Royalty Trusts - 14.8%** | **Oil-US Royalty Trusts - 14.8%** |  |
| Permian Basin Royalty Trust | 9312 | 200394 |
| PrairieSky Royalty Ltd. | 8346 | 192570 |
| Sabine Royalty Trust | 591 | 44526 |
| San Juan Basin Royalty Trust <sup>(a)</sup> | 13179 | 63391 |
| Texas Pacific Land Corp. | 828 | 392936 |
|  |  | 893817 |
| **Pipelines - 9.7%** | **Pipelines - 9.7%** |  |
| Cheniere Energy, Inc. | 942 | 267302 |
| Williams Cos., Inc. | 4386 | 319213 |
|  |  | 586515 |
| **Water Treatment Systems - 3.3%** | **Water Treatment Systems - 3.3%** |  |
| Energy Recovery, Inc. <sup>(a)</sup> | 2928 | 29485 |
| Pentair PLC | 1134 | 98783 |
| Veralto Corp. | 799 | 70647 |
|  |  | 198915 |
| **TOTAL COMMON STOCKS** (Cost $4,155,639) | **TOTAL COMMON STOCKS** (Cost $4,155,639) | 5943713 |
| **TOTAL INVESTMENTS - 98.6% (**Cost $4,155,639**)** | **TOTAL INVESTMENTS - 98.6% (**Cost $4,155,639**)** | 5943713 |
| Money Market Deposit Account - 4.2% <sup>(d)(e)</sup> | Money Market Deposit Account - 4.2% <sup>(d)(e)</sup> | 251623 |
| Liabilities in Excess of Other Assets - (2.8)% | Liabilities in Excess of Other Assets - (2.8)% | (166474) |
| **TOTAL NET ASSETS - 100.0%** |  | $6028862 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

LLC - Limited Liability Company <br> PLC - Public Limited Company <br>

(a) Non-income producing security.

(b) To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those
 industries or sectors.

(c) All or a portion of this security is on loan as of March 31, 2026. The fair value of these securities was $167,360.

(d) The U.S. Bank Money Market Deposit Account (the "MMDA") is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on
 market conditions and is subject to change daily. The rate as of March 31, 2026 was 3.49%.

(e) All or a portion of this deposit account was purchased using proceeds from securities lending. The fair value of this deposit held from securities lending as of March 31, 2026 is $168,000 which
 represented 2.8% of net assets.

------

#### Summary of Fair Value Disclosure as of March 31, 2026 (Unaudited)
Horizon Kinetics Energy and Remediation ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has 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 Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $5943713 | $– | $– | $5943713 |
| Total Investments | $5943713 | $– | $– | $5943713 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

---

| | | |
|:---|:---|:---|
| **Allocation of Portfolio Holdings by Country as of March 31, 2026** | **Allocation of Portfolio Holdings by Country as of March 31, 2026** | |
| (% of Net Assets) | (% of Net Assets) |  |
| United States | $4405880 | 73.1% |
| Canada | 1439050 | 23.9 |
| United Kingdom | 98783 | 1.6 |
| Assets in Excess of Other Liabilities | 85149 | 1.4 |
|  | $**6028862** | 100.0<br> **%** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Listed Funds Trust

- **b. Investment Company Act file number:** 811-23226

- **c. CIK number of Registrant:** 0001683471

- **d. LEI of Registrant:** 549300C5D73JL0P1YC11

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1692

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

- **a. Name of Series:** Horizon Kinetics Energy and Remediation ETF

- **b. EDGAR series identifier (if any):** S000079432

- **c. LEI of Series:** 549300NT2XBNEJLQ4I91

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $6201292.66

**Total Liabilities:** $172435.77

**Net Assets:** $6028856.89

**Cash Not Reported:** $795.06

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000240468 | 11.11%               | 8.46%                | 2.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-40.68                  | $453590.68                                 |
| Month 2  | $0.00                    | $380341.02                                 |
| Month 3  | $-17.62                  | $129984.91                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cheniere Energy Inc            | Cheniere Energy Inc              | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |       942 | NS      | $267301.92    | 4.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp             | Expand Energy Corp               | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      1710 | NS      | $187723.80    | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                 | ConocoPhillips                   | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      1320 | NS      | $174240.00    | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc         | Diamondback Energy Inc           | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      1020 | NS      | $201745.80    | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc              | EOG Resources Inc                | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      1164 | NS      | $168279.48    | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                       | EQT Corp                         | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |      4446 | NS      | $282943.44    | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                     | Ecolab Inc                       | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |       396 | NS      | $105343.92    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerflex Ltd                   | Enerflex Ltd                     | CUSIP: 29269R105<br>LEI: 54930014N7872VUS3F89 | Long             | EC               | CORP              | CA        |      9990 | NS      | $208990.80    | 3.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Energy Recovery Inc            | Energy Recovery Inc              | CUSIP: 29270J100<br>LEI: 549300ZEQL52Z525WJ22 | Long             | EC               | CORP              | US        |      2928 | NS      | $29484.96     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANK MMDA - USBGFS 7        | US BANK MMDA - USBGFS 7          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |    251623 | NS      | $251622.80    | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                   | Veralto Corp                     | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |       799 | NS      | $70647.58     | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| WaterBridge Infrastructure LLC | WaterBridge Infrastructure LLC   | CUSIP: 940923105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9000 | NS      | $241110.00    | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc   | Watts Water Technologies Inc     | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |       354 | NS      | $102762.66    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Calfrac Well Services Ltd      | Calfrac Well Services Ltd        | CUSIP: 129584405<br>LEI: 54930072S07WJGD7TA28 | Long             | EC               | CORP              | CA        |     14322 | NS      | $67220.16     | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CES Energy Solutions Corp      | CES Energy Solutions Corp        | CUSIP: 15713J104<br>LEI: 984500NF54914EB1B646 | Long             | EC               | CORP              | CA        |     29646 | NS      | $391088.00    | 6.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Trican Well Service Ltd        | Trican Well Service Ltd          | CUSIP: 895945103<br>LEI: 5493003PMAE3KEW1DL91 | Long             | EC               | CORP              | CA        |     26898 | NS      | $140893.83    | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                        | SLB Ltd                          | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |      2538 | NS      | $130427.82    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc              | Suncor Energy Inc                | CUSIP: 867224107<br>LEI: 894500XO86FKXQGPYV71 | Long             | EC               | CORP              | CA        |      4158 | NS      | $274885.38    | 4.56%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA Technologies Inc         | TETRA Technologies Inc           | CUSIP: 88162F105<br>LEI: 549300T5W131705EK832 | Long             | EC               | CORP              | US        |     16320 | NS      | $139046.40    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corp        | Texas Pacific Land Corp          | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       828 | NS      | $392935.68    | 6.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Secure Waste Infrastructure Co | Secure Waste Infrastructure Corp | CUSIP: 813921103<br>LEI: 894500UQR7AONHFERA55 | Long             | EC               | CORP              | CA        |     10446 | NS      | $163402.37    | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp                      | IDEX Corp                        | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |       276 | NS      | $52315.80     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc         | IDEXX Laboratories Inc           | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |       126 | NS      | $70798.14     | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Itron Inc                      | Itron Inc                        | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |      1104 | NS      | $98951.52     | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc             | Liberty Energy Inc               | CUSIP: 53115L104<br>LEI: 254900PKFJW6RILDCM60 | Long             | EC               | CORP              | US        |      4158 | NS      | $119750.40    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp      | Occidental Petroleum Corp        | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |      2286 | NS      | $148590.00    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Basin Royalty Trust    | Permian Basin Royalty Trust      | CUSIP: 714236106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9312 | NS      | $200394.24    | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabine Royalty Trust           | Sabine Royalty Trust             | CUSIP: 785688102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       591 | NS      | $44525.94     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| San Juan Basin Royalty Trust   | San Juan Basin Royalty Trust     | CUSIP: 798241105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13179 | NS      | $63390.99     | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PrairieSky Royalty Ltd         | PrairieSky Royalty Ltd           | CUSIP: 739721108<br>LEI: 529900AXG582AP7CV733 | Long             | EC               | CORP              | CA        |      8346 | NS      | $192570.10    | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                    | Pentair PLC                      | CUSIP: N/A<br>LEI: 549300EVR9D56WPSRP15       | Long             | EC               | CORP              | GB        |      1134 | NS      | $98782.74     | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc               | Badger Meter Inc                 | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |       528 | NS      | $80440.80     | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp                 | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      2172 | NS      | $368501.52    | 6.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corp                     | Fluor Corp                       | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |      1716 | NS      | $80051.40     | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                 | Flowserve Corp                   | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |      1794 | NS      | $131876.94    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co Inc       | Franklin Electric Co Inc         | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |       666 | NS      | $61385.22     | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The           | Williams Cos Inc/The             | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |      4386 | NS      | $319213.08    | 5.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                   | Xylem Inc/NY                     | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |       600 | NS      | $71700.00     | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-19

**Name of Applicant:** Listed Funds Trust

**Signature:** /s/Travis Babich

**Name of Signer:** Listed Funds Trust

**Title:** Treasurer