# EDGAR Filing Document

**Accession Number:** 0001683471
**File Stem:** 0001145549-23-003642
**Filing Date:** 2023-1
**Character Count:** 11232
**Document Hash:** 05dc0d3782104c055bafcdb4eab403d5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-003642.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001145549-23-003642

**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:** 23560579

**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 Foreign Equity ETF (Series ID: S000066486)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000214448 | Overlay Shares Foreign Equity ETF | OVF             |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **Overlay Shares Foreign Equity ETF** | **Overlay Shares Foreign Equity ETF** | **Overlay Shares Foreign Equity ETF** | **Overlay Shares Foreign 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 - 99.6%** | **INVESTMENT COMPANIES - 99.6%** |  |  |
| **Exchange Traded Funds - 99.6%** |  |  |  |
| iShares MSCI EAFE Min Vol Factor ETF <sup>(a)(b)</sup> | 160339 | $10317815 |  |
| iShares MSCI Emerging Markets Min Vol Factor ETF | 54464 | 2644772 |  |
| **TOTAL EXCHANGE TRADED FUNDS (Cost $13,746,870)** |  | 12962587 |  |
| **MONEY MARKET FUNDS - 1.7%** | **MONEY MARKET FUNDS - 1.7%** |  |  |
| First American Government Obligations Fund - Class X, 3.66% <sup>(c)</sup> | 223212 | 223212 |  |
| **TOTAL MONEY MARKET FUNDS (Cost $223,212)** | **TOTAL MONEY MARKET FUNDS (Cost $223,212)** | 223212 |  |
|  | **Number of** |  |  |
|  | **Contracts (d)** |  | **Notional Value** |
| **PURCHASED OPTIONS - 0.0% <sup>(e)</sup>** | **PURCHASED OPTIONS - 0.0% <sup>(e)</sup>** |  |  |
| **PURCHASED PUT OPTIONS - 0.0% <sup>(e)</sup>** |  |  |  |
| CBOE S&P 500 Index |  |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: December 2022, Exercise Price: $3,780 <sup>(f)</sup> | 3 | 270 | $1224033 |
| &nbsp;&nbsp;&nbsp; Expiration: December 2022, Exercise Price: $3,815 <sup>(f)</sup> | 3 | 630 | 1224033 |
| **TOTAL PURCHASED OPTIONS (Cost $1,878)** |  | 900 |  |
| **Total Investments (Cost $13,971,960) - 101.3%** |  | 13186699 |  |
| Other Assets in Excess of Liabilities - (0.03)% |  | (176714) |  |
| **TOTAL NET ASSETS - 100.0%** |  | $**13009985** |  |

---

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 $4,241,502. |
| (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 Foreign Equity ETF** | **Overlay Shares Foreign Equity ETF** | **Overlay Shares Foreign Equity ETF** | **Overlay Shares Foreign 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 <sup>(a)</sup>** | **Value** | **Notional Value** |
| **WRITTEN OPTIONS - (0.02)%** |  |  |  |
| **WRITTEN PUT OPTIONS - (0.02)%** |  |  |  |
| CBOE S&P 500 Index |  |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: December 2022, Exercise Price: $3,900 | 3 | $810 | $1224033 |
| &nbsp;&nbsp;&nbsp; Expiration: December 2022, Exercise Price: $3,935 | 3 | 2400 | 1224033 |
| **TOTAL WRITTEN OPTIONS (Premiums Received $7,475)** |  | $**3210** |  |

---

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 | $12962587 | $- | $- | $12962587 |
| Money Market Funds | 223212 | - | - | 223212 |
| Purchased Put Options | 900 | - | - | 900 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Investments - Assets | $13186699 | $- | $- | $13186699 |
| **Other Financial Instruments - Liabilities:** |  |  |  |  |
| Written Put Options | $3210 | $- | $- | $3210 |

---

## 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 Foreign Equity ETF

- **b. EDGAR series identifier (if any):** S000066486

- **c. LEI of Series:** 549300NWI685WB987C78

**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:** $13186873.95

**Total Liabilities:** $177251.62

**Net Assets:** $13009622.33

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000214448 | -9.94%               | 3.24%                | 11.36%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-50518.85               | $-825827.26                                |
| Month 2  | $-429049.47              | $657411.72                                 |
| Month 3  | $0.00                    | $1197144.08                                |

**Designated Index Information**

- **Index Name:** MSCI ACWI ex USA Net Total Return USD Index

- **Index Identifier:** NDUEACWZ

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| iShares MSCI EAFE Min Vol Fact | iShares MSCI EAFE Min Vol Factor ETF       | CUSIP: 46429B689<br>LEI: 549300N5K4JSWEZ74544 | Long             | EC               | RF                | US        |    160339 | NS      | $10317814.65  | 79.31%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI Emerging Mar | iShares Core MSCI Emerging Markets ETF     | CUSIP: 46434G103<br>LEI: 5493007C24Z3ZDJ0VD06 | Long             | EC               | RF                | US        |     54464 | NS      | $2644771.84   | 20.33%            |  |  |  | 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        |         3 | NC      | $82.50        | 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        |        -3 | NC      | $-187.50      | -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        |         3 | NC      | $270.00       | 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        |        -3 | NC      | $-810.00      | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    223212 | NS      | $223212.19    | 1.72%             |  |  |  | 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