# EDGAR Filing Document

**Accession Number:** 0001683471
**File Stem:** 0001145549-23-003635
**Filing Date:** 2023-1
**Character Count:** 10832
**Document Hash:** 2d3368ca7143662ac87fcb85865cc6e0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-003635.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001145549-23-003635

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Listed Funds Trust
- **CENTRAL INDEX KEY:** 0001683471
- **IRS NUMBER:** 826272597
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23226
- **FILM NUMBER:** 23560570

**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

### Overlay Shares Large Cap Equity ETF (Series ID: S000066484)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000214446 | Overlay Shares Large Cap Equity ETF | OVL             |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **Overlay Shares Large Cap Equity ETF** | **Overlay Shares Large Cap Equity ETF** | **Overlay Shares Large Cap Equity ETF** | **Overlay Shares Large Cap Equity ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| November 30, 2022 (Unaudited) | November 30, 2022 (Unaudited) |  |  |
|  | **Shares** | **Value** |  |
| **INVESTMENT COMPANIES - 99.7%** | **INVESTMENT COMPANIES - 99.7%** |  |  |
| **Exchange Traded Funds - 99.7%** |  |  |  |
| Vanguard S&P 500 ETF (a)(b) | 688465 | $257823258 |  |
| **TOTAL EXCHANGE TRADED FUNDS (Cost $248,059,252)** |  | 257823258 |  |
| **MONEY MARKET FUNDS - 1.9%** | **MONEY MARKET FUNDS - 1.9%** |  |  |
| First American Government Obligations Fund - Class X, 3.66% (c) | 5057596 | 5057596 |  |
| **TOTAL MONEY MARKET FUNDS (Cost $5,057,596)** | **TOTAL MONEY MARKET FUNDS (Cost $5,057,596)** | 5057596 |  |
|  | **Number of** |  |  |
|  | **Contracts (d)** |  | **Notional Value** |
| **PURCHASED OPTIONS - 0.0%<sup>(e)</sup>** | **PURCHASED OPTIONS - 0.0%<sup>(e)</sup>** |  |  |
| **PURCHASED OPTIONS - 0.0%<sup>(e)</sup>** |  |  |  |
| CBOE S&P 500 Index |  |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: December 2022, Exercise Price: $3,780 <sup>(f)</sup> | 63 | 5670 | $25704693 |
| &nbsp;&nbsp;&nbsp; Expiration: December 2022, Exercise Price: $3,815 <sup>(f)</sup> | 63 | 13230 | 25704693 |
| **TOTAL PURCHASED OPTIONS (Cost $39,433)** |  | 18900 |  |
| **Total Investments (Cost $253,156,281) - 101.6%** |  | 262899754 |  |
| Other Assets in Excess of Liabilities - (1.6)% |  | (4187388) |  |
| **TOTAL NET ASSETS - 100.0%** |  | $**258712366** |  |

---

Percentages are stated as a percent of net assets.<br>

---

| | |
|:---|:---|
| CBOE | Chicago Board Options Exchange |
| (a) | Fair value of this security exceeds 25% of the Fund's net assets. Additional information for this security, including the financial statements, is available from the SEC's EDGAR database at www.sec.gov. |
| (b) | All or a portion of the security is segregated as collateral for written options. The value of the security segregated as collateral for written options is $109,877,238. |
| (c) | The rate shown is the annualized seven-day yield at period end. |
| (d) | Each contract has a multiplier of 100. |
| (e) | Less than 0.05%. |
| (f) | Held in connection with a written option, see Schedule of Written Options for more detail. |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Overlay Shares Large Cap Equity ETF** | **Overlay Shares Large Cap Equity ETF** | **Overlay Shares Large Cap Equity ETF** | **Overlay Shares Large Cap Equity ETF** |
| **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** |
| November 30, 2022 (Unaudited) | November 30, 2022 (Unaudited) |  |  |
|  | **Number of** |  |  |
|  | **Contracts (a)** | **Value** | **Notional Value** |
| **WRITTEN OPTIONS - (0.3)%** |  |  |  |
| **WRITTEN PUT OPTIONS - (0.3)%** |  |  |  |
| CBOE S&P 500 Index |  |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: December 2022, Exercise Price: $3,900 | 63 | $17010 | $25704693 |
| &nbsp;&nbsp;&nbsp; Expiration: December 2022, Exercise Price: $3,935 | 63 | 50400 | 25704693 |
| **TOTAL WRITTEN OPTIONS (Premiums Received $156,982)** |  | $**67410** |  |

---

Percentages are stated as a percent of net assets.<br>

---

| | |
|:---|:---|
| CBOE | Chicago Board Options Exchange |
| (a) | Each contract has a multiplier of 100. |

---

------

---

| |
|:---|
| **Fair Value Measurements** |
| Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels. |
| Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs |
| (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant |
| unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The level assigned to the |
| securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. |
| The Fund did not hold any investments during the period with significant unobservable inputs which would be classified as Level 3. |
| The following is a summary of the inputs used to value the Fund's investments carried at fair value as of November 30, 2022: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Level 1 | Level 2 | Level 3 | Total |
| **Investments - Assets:** |  |  |  |  |
| Exchange Traded Funds | $257823258 | $- | $- | $257823258 |
| Money Market Funds | 5057596 | - | - | 5057596 |
| Purchased Put Options | 18900 | - | - | 18900 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Investments - Assets | $262899754 | $- | $- | $262899754 |
| **Other Financial Instruments - Liabilities:** |  |  |  |  |
| Written Put Options | $67410 | $- | $- | $67410 |

---

## 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:** 414-516-1681

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

- **a. Name of Series:** Overlay Shares Large Cap Equity ETF

- **b. EDGAR series identifier (if any):** S000066484

- **c. LEI of Series:** 549300JS64I0SIJ5SZ39

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $263723037.16

**Total Liabilities:** $4196999.83

**Net Assets:** $259526037.33

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000214446 | -11.13%              | 9.21%                | 5.97%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-442556.92              | $-23161223.51                              |
| Month 2  | $-450837.59              | $18550477.01                               |
| Month 3  | $0.00                    | $13431561.27                               |

**Designated Index Information**

- **Index Name:** S&P 500 Total Return Index

- **Index Identifier:** SPTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   5057596 | NS      | $5057595.75   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard S&P 500 ETF           | Vanguard S&P 500 ETF                       | CUSIP: 922908363<br>LEI: N/A                  | Long             | EC               | RF                | US        |    690650 | NS      | $258641518.50 | 99.66%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | CBOE S&P PUT OPT 12/22 3750                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        63 | NC      | $1732.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | CBOE S&P PUT OPT 12/22 3870                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -63 | NC      | $-3937.50     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | S&P DOW  PUT OPT 12/22 3780                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        63 | NC      | $5670.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | S&P DOW  PUT OPT 12/22 3900                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -63 | NC      | $-17010.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-24

**Name of Applicant:** Listed Funds Trust

**Signature:** /s/Travis Babich

**Name of Signer:** Travis Babich

**Title:** Treasurer