# EDGAR Filing Document

**Accession Number:** 0001771146
**File Stem:** 0000894189-26-014672
**Filing Date:** 2026-5
**Character Count:** 52796
**Document Hash:** d5ed3e04a7abe1847ea15e37057c1da3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-014672.hdr.sgml**: 20260512

**ACCESSION NUMBER**: 0000894189-26-014672

**CONFORMED SUBMISSION TYPE**: NT NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260512

**DATE AS OF CHANGE**: 20260512

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Opportunities Trust
- **CENTRAL INDEX KEY:** 0001771146

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NT NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23439
- **FILM NUMBER:** 26967510

**BUSINESS ADDRESS:**
- **STREET 1:** 8370 STONY POINT PARKWAY, SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235
- **BUSINESS PHONE:** 804-267-7400

**MAIL ADDRESS:**
- **STREET 1:** 8370 STONY POINT PARKWAY, SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235

## Series and Classes Contracts Data

### Hedgeye Fourth Turning ETF (Series ID: S000096612)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000265507 | Hedgeye Fourth Turning ETF | HEFT            |

## Nport-Ex

---

| |
|:---|
| **HEDGEYE FOURTH TURNING ETF** |
| **Schedule of Investments** |
| **January 31, 2026 (unaudited)** |

---

---

| | | | |
|:---|:---|:---|:---|
| |  | **Shares** | **Value** |
| 51.40<br>**%** <br>| **COMMON STOCKS** |  |  |
| 1.56<br>**%** | **COMMUNICATION SERVICES** |  |  |
|  | Alphabet, Inc. Class A | 2554 | $863252 |
| 3.98<br>**%** | **CONSUMER DISCRETIONARY** |  |  |
|  | Amazon.com, Inc.<sup>(A)</sup> | 3509 | 839704 |
|  | McDonald's Corp. | 3259 | 1026585 |
|  | Warby Parker, Inc.<sup>(A)</sup> | 13136 | 335099 |
|  |  |  | 2201388 |
| 8.05<br>**%** | **CONSUMER STAPLES** |  |  |
|  | Archer-Daniels-Midland Co. | 12483 | 840231 |
|  | The Coca-Cola Co. | 7763 | 580750 |
|  | Dollar General Corp. | 6864 | 984504 |
|  | Philip Morris International, Inc. | 4107 | 736960 |
|  | Walmart, Inc. | 11012 | 1311970 |
|  |  |  | 4454415 |
| 3.56<br>**%** | **ENERGY** |  |  |
|  | BKV Corp<sup>(A)</sup> | 18038 | 536630 |
|  | Enterprise Products Partners, L.P. | 6968 | 231268 |
|  | Exxon Mobil Corp. | 8515 | 1204021 |
|  |  |  | 1971919 |
| 1.45<br>**%** | **FINANCIALS** |  |  |
|  | EZCorp, Inc. Class A<sup>(A)</sup> | 12540 | 268983 |
|  | FirstCash Holdings, Inc. | 3112 | 530596 |
|  |  |  | 799579 |
| 6.64<br>**%** | **HEALTH CARE** |  |  |
|  | 10x Genomics, Inc.<sup>(A)</sup> | 15922 | 321624 |
|  | Danaher Corp. | 3184 | 696946 |
|  | Johnson & Johnson | 2774 | 630392 |
|  | Novo Nordisk A/S | 6628 | 393902 |
|  | Option Care Health, Inc.<sup>(A)</sup> | 8957 | 304538 |
|  | Pfizer, Inc. | 24084 | 636781 |
|  | Thermo Fisher Scientific, Inc. | 1194 | 690860 |
|  |  |  | 3675043 |

---

---

| |
|:---|
| **HEDGEYE FOURTH TURNING ETF** |
| **Schedule of Investments** |
| **January 31, 2026 (unaudited)** |

---

---

| | | | |
|:---|:---|:---|:---|
| |  | **Shares** | **Value** |
| 19.01<br>**%** <br>| **INDUSTRIALS** |  |  |
|  | Amentum Holdings, Inc.<sup>(A)</sup> | 17437 | $623896 |
|  | Array Technologies, Inc.<sup>(A)</sup> | 31645 | 358380 |
|  | Astronics Corp.<sup>(A)</sup> | 4910 | 371932 |
|  | BWX Technologies, Inc. | 3894 | 799944 |
|  | CACI International, Inc. Class A<sup>(A)</sup> | 851 | 528114 |
|  | Caterpillar, Inc. | 872 | 573218 |
|  | Elbit Systems Ltd. | 520 | 365336 |
|  | GE Vernova LLC | 1194 | 867286 |
|  | Hexcel Corp. | 4847 | 401380 |
|  | Huntington Ingalls Industries | 2146 | 902414 |
|  | JB Hunt Transport Services, Inc. | 2556 | 518152 |
|  | Karman Holdings, Inc.<sup>(A)</sup> | 1990 | 206562 |
|  | Kratos Defense & Security Solutions, Inc.<sup>(A)</sup> | 4174 | 429964 |
|  | Moog, Inc. | 2097 | 640319 |
|  | Northrop Grumman Corp. | 621 | 429893 |
|  | Red Cat Holdings, Inc.<sup>(A)</sup> | 31815 | 429502 |
|  | Rockwell Automation, Inc. | 1592 | 671267 |
|  | RTX Corp. | 3384 | 679947 |
|  | Valmont Industries, Inc. | 962 | 428629 |
|  | Wesco International, Inc. | 997 | 288562 |
|  |  |  | 10514697 |
| 4.19<br>**%** | **INFORMATION TECHNOLOGY** |  |  |
|  | Akamai Technologies, Inc.<sup>(A)</sup> | 2750 | 267162 |
|  | CrowdStrike Holdings, Inc.<sup>(A)</sup> | 984 | 434343 |
|  | Intel Corp.<sup>(A)</sup> | 17707 | 822844 |
|  | Okta, Inc.<sup>(A)</sup> | 2785 | 235277 |
|  | Ondas, Inc.<sup>(A)</sup> | 31701 | 328422 |
|  | Qualys, Inc.<sup>(A)</sup> | 1725 | 227528 |
|  |  |  | 2315576 |
| 2.56<br>**%** | **MATERIALS** |  |  |
|  | CRH Public Limited Company | 2188 | 267833 |
|  | Hudbay Minerals Inc. | 16319 | 386434 |
|  | Newmont Goldcorp Corp. | 6766 | 760160 |
|  |  |  | 1414427 |

---

---

| |
|:---|
| **HEDGEYE FOURTH TURNING ETF** |
| **Schedule of Investments** |
| **January 31, 2026 (unaudited)** |

---

---

| | | | |
|:---|:---|:---|:---|
| |  | **Shares** | **Value** |
| 0.40<br>**%** <br>| **UTILITIES** |  |  |
|  | Clearway Energy, Inc. | 6171 | $223082 |
| 51.40<br>**%** | **TOTAL COMMON STOCKS** |  | 28433378 |
|  | (Cost: $27,626,250) |  |  |
| 43.41<br>**%** | **EXCHANGE TRADED FUNDS** |  |  |
| 20.35<br>**%** | **COMMODITIES FUNDS** |  |  |
|  | abrdn Physical Platinum Shares ETF<sup>(A)</sup> | 4947 | 964863 |
|  | iShares Silver Trust<sup>(A)</sup> | 16654 | 1256378 |
|  | SPDR Bloomberg Enhanced Roll Yield Commodity Strategy NO K-1 ETF | 169217 | 5282955 |
|  | SPDR Gold Shares<sup>(A)</sup> | 6236 | 2774708 |
|  | United States Copper Index Fund<sup>(A)</sup> | 26913 | 980441 |
|  |  |  | 11259345 |
| 4.98<br>**%** | **DEVELOPED ECONOMIES** |  |  |
|  | The Global X Aging Population ETF | 30881 | 1140435 |
|  | iShares MSCI Spain ETF | 14391 | 810069 |
|  | iShares MSCI Japan ETF | 9356 | 801996 |
|  |  |  | 2752500 |
| 5.03<br>**%** | **EMERGING MARKETS** |  |  |
|  | iShares China Large-Cap ETF | 14012 | 555015 |
|  | iShares MSCI Mexico ETF | 10964 | 823616 |
|  | iShares MSCI Poland ETF | 21872 | 822169 |
|  | iShares MSCI South Korea ETF | 4778 | 584875 |
|  |  |  | 2785675 |
| 2.43<br>**%** | **FIXED INCOME FUNDS** |  |  |
|  | SPDR FTSE International Government Inflation-Protected Bond ETF | 32993 | 1342815 |
| 1.54<br>**%** | **SECTOR FUNDS** |  |  |
|  | Global X Uranium ETF | 15448 | 849486 |
| 9.08<br>**%** | **TREASURY** |  |  |
|  | F/m US Treasury 2 Year Note ETF | 103624 | 5026800 |

---

---

| |
|:---|
| **HEDGEYE FOURTH TURNING ETF** |
| **Schedule of Investments** |
| **January 31, 2026 (unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| |  | | | **Shares** |  | **Value** |
| 43.41<br>**%** <br>| **TOTAL EXCHANGE TRADED FUNDS** |  |  |  |  | $24016621 |
|  | (Cost: $23,781,447) |  |  |  |  |  |
| 0.09<br>**%** | **OPTIONS PURCHASED** |  |  |  |  |  |
|  | **Description** | **Number of Contracts** | **Notional Amount** | **Exercise Price** | **Expiration Date** | **Value** |
| 0.09<br>**%** | **PUT** |  |  |  |  |  |
|  | SPDR S&P 500 ETF Trust | 342 | $23665374 | $585 | 03/20/2026 | $50958 |
|  | (Cost: $70,051) |  |  |  |  |  |
| 0.09<br>**%** | **TOTAL OPTIONS PURCHASED** |  |  |  |  | 50958 |
|  | (Cost: $70,051) |  |  |  |  |  |
| 4.75<br>**%** | **MONEY MARKET FUND** |  |  | **Shares** |  | **Value** |
|  | First American Money Market Funds 3.610%<sup>(B)</sup> |  |  | 2625085 |  | 2625085 |
|  | (Cost: $2,625,085) |  |  |  |  |  |
| 99.65<br>**%** | **TOTAL INVESTMENTS** |  |  |  |  | 55126042 |
|  | (Cost: $54,102,833) |  |  |  |  |  |
| 0.35<br>**%** | Other assets, net of liabilities |  |  |  |  | 193784 |
| 100.00<br>**%** | **NET ASSETS** |  |  |  |  | $**55319826** |
|  | <sup>(A)</sup>Non-income producing |  |  |  |  |  |
|  | <sup>(B)</sup>Effective 7 day yield as of January 31, 2026 |  |  |  |  |  |
|  | **See Notes to Schedule of Investments.** |  |  |  |  |  |

---

---

| |
|:---|
| **HEDGEYE FOURTH TURNING ETF** |
| **Schedule of Short Investments** |
| **January 31, 2026 (unaudited)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| |  | | **Shares** | **Value** | |
| **(20.08**<br>**%)** <br>| **SHORT INVESTMENTS** |  |  |  |  |
| **(12.12**<br>**%)** | **COMMON STOCKS SOLD SHORT** |  |  |  |  |
| **(1.08**<br>**%)** | **COMMUNICATION SERVICES** |  |  |  |  |
|  | T-Mobile US, Inc. |  | (1950) | $(384559) |  |
|  | The Trade Desk, Inc. |  | (6969) | (211370) |  |
|  |  |  |  | (595929) |  |
| **(3.03**<br>**%)** | **CONSUMER DISCRETIONARY** |  |  |  |  |
|  | CarMax, Inc. |  | (5584) | (248711) |  |
|  | Dick's Sporting Goods, Inc. |  | (1228) | (248056) |  |
|  | DoorDash, Inc. |  | (1326) | (271326) |  |
|  | Helen of Troy Ltd. |  | (17847) | (295546) |  |
|  | Ollie's Bargain Outlet, Inc. |  | (3305) | (364574) |  |
|  | Rush Street Interactive, Inc. |  | (14068) | (248582) |  |
|  |  |  |  | (1676795) |  |
| **(3.83**<br>**%)** | **CONSUMER STAPLES** |  |  |  |  |
|  | BellRing Brands, Inc. |  | (13278) | (330224) |  |
|  | BJ's Wholesale Club Holdings, Inc. |  | (4153) | (383903) |  |
|  | General Mills, Inc. |  | (9241) | (427489) |  |
|  | Kroger Co. |  | (6082) | (382254) |  |
|  | Post Holdings, Inc. |  | (3534) | (361564) |  |
|  | Sprouts Farmers Market, Inc. |  | (3278) | (232443) |  |
|  |  |  |  | (2117877) |  |
| **(0.59**<br>**%)** | **FINANCIALS** |  |  |  |  |
|  | PayPal Holdings, Inc. |  | (6225) | (327995) |  |
| **(1.48**<br>**%)** | **HEALTH CARE** |  |  |  |  |
|  | Tenet Healthcare Corp. |  | (2186) | (413766) |  |
|  | U.S. Physical Therapy, Inc. |  | (4834) | (405428) |  |
|  |  |  |  | (819194) |  |
| **(1.19**<br>**%)** | **INDUSTRIALS** |  |  |  |  |
|  | Copart, Inc. |  | (6644) | (269614) |  |
|  | Equifax, Inc. |  | (1937) | (390112) |  |
|  |  |  |  | (659726) |  |
| **(0.92**<br>**%)** | **INFORMATION TECHNOLOGY** |  |  |  |  |
|  | Oracle Corp. |  | (1864) | (306777) |  |
|  | Strategy, Inc. Class A |  | (1348) | (201809) |  |
|  |  |  |  | (508586) |  |
| **(12.12**<br>**%)** | **TOTAL COMMON STOCKS SOLD SHORT** |  |  | (6706102) |  |
|  | (Premiums Received: $6,934,570) |  |  |  |  |
| **(7.96**<br>**%)** | **EXCHANGE TRADED FUNDS SOLD SHORT** |  |  |  |  |
| **(2.14**<br>**%)** | **DEVELOPED ECONOMIES** |  |  |  |  |
|  | iShares MSCI France ETF |  | (8589) | (389511) |  |
|  | iShares MSCI Germany ETF |  | (9056) | (390404) |  |
|  | iShares MSCI Italy ETF |  | (7202) | (402448) |  |
|  |  |  |  | (1182363) |  |
| **(1.00**<br>**%)** | **EMERGING MARKETS** |  |  |  |  |
|  | iShares MSCI India ETF |  | (10709) | (554084) |  |
| **(3.97**<br>**%)** | **FIXED INCOME FUNDS** |  |  |  |  |
|  | BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF 0.000% | BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF 0.000% | (12937) | (597172) |  |
|  | iShares 20+ Year Treasury Bond ETF |  | (3427) | (298595) |  |
|  | iShares 3-7 Year Treasury Bond ETF |  | (2512) | (299807) |  |
|  | iShares 7-10 Year Treasury Bond ETF |  | (10458) | (1003340) |  |
|  |  |  |  | (2198914) |  |
| **(0.85**<br>**%)** | **INFORMATION TECHNOLOGY** |  |  |  |  |
|  | State Street SPDR S&P Software & Services ETF 0.000% | State Street SPDR S&P Software & Services ETF 0.000% | (2812) | (470138) |  |
| **(7.96**<br>**%)** | **TOTAL EXCHANGE TRADED FUNDS SOLD SHORT** |  |  | (4405499) |  |
|  | (Premiums Received: $4,451,131) |  |  |  |  |
| **(20.08**<br>**%)** | **SHORT INVESTMENTS** |  |  | (11111601) |  |
|  | In accordance with U.S. GAAP, "fair value" is defined as the price that a Fund would receive | In accordance with U.S. GAAP, "fair value" is defined as the price that a Fund would receive | In accordance with U.S. GAAP, "fair value" is defined as the price that a Fund would receive |  |  |
|  | upon selling an investment in an orderly transaction to an independent buyer in the | upon selling an investment in an orderly transaction to an independent buyer in the |  |  |  |
|  | principal or most advantageous market for the investment. Various inputs are used | principal or most advantageous market for the investment. Various inputs are used |  |  |  |
|  | in determining the value of a Fund's investments. U.S. GAAP established a three-tier | in determining the value of a Fund's investments. U.S. GAAP established a three-tier |  |  |  |
|  | hierarchy of inputs to establish a classification of fair value measurements for | hierarchy of inputs to establish a classification of fair value measurements for |  |  |  |
|  | disclosure purposes. Level 1 includes quoted prices in active markets for identical | disclosure purposes. Level 1 includes quoted prices in active markets for identical |  |  |  |
|  | securities. Level 2 includes other significant observable inputs (including quoted | securities. Level 2 includes other significant observable inputs (including quoted |  |  |  |
|  | prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). | prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). |  |  |  |
|  | Level 3 includes significant unobservable inputs (including the Fund's own assumptions in | Level 3 includes significant unobservable inputs (including the Fund's own assumptions in | Level 3 includes significant unobservable inputs (including the Fund's own assumptions in |  |  |
|  | determining fair value of investments). |  |  |  |  |
|  | The inputs or methodology used for valuing securities are not necessarily an | The inputs or methodology used for valuing securities are not necessarily an |  |  |  |
|  | indication of the risk associated with investing in those securities. | indication of the risk associated with investing in those securities. |  |  |  |
|  | The following summarizes the inputs used to value the Fund's investments as of January 31, 2026: | The following summarizes the inputs used to value the Fund's investments as of January 31, 2026: | The following summarizes the inputs used to value the Fund's investments as of January 31, 2026: |  |  |
|  |  | Level 1 | Level 2 | Level 3 |  |
|  |  |  | Other | Significant |  |
|  |  |  | Significant | Unobservable |  |
|  |  | Quoted Prices | Observable Inputs | Inputs | Total |
|  | **Assets** |  |  |  |  |
|  | COMMON STOCKS <br>| $28433378 | $- | $- | $28433378 |
|  | EXCHANGE TRADED FUNDS <br>| 24016621 | - | - | 24016621 |
|  | OPTIONS PURCHASED <br>| - | 50958 | - | 50958 |
|  | MONEY MARKET FUND <br>| 2625085 | - | - | 2625085 |
|  |  | $55075084 | $50958 | $- | $55126042 |
|  | **Liabilities** |  |  |  |  |
|  | COMMON STOCKS SOLD SHORT <br>| $(6706102) | $- | $- | $(6706102) |
|  | EXCHANGE TRADED FUNDS SOLD SHORT <br>| (4405499) | - | - | (4405499) |
|  |  | $(11111601) | $- | $- | $(11111601) |
|  | The cost of investments for Federal income tax purposes has been estimated a/o January 31, 2026 since | The cost of investments for Federal income tax purposes has been estimated a/o January 31, 2026 since | The cost of investments for Federal income tax purposes has been estimated a/o January 31, 2026 since |  |  |
|  | the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income | the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income | the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income |  |  |
|  | tax purpose is $42,717,131, and the related net unrealized appreciation (depreciation) consists of: | tax purpose is $42,717,131, and the related net unrealized appreciation (depreciation) consists of: | tax purpose is $42,717,131, and the related net unrealized appreciation (depreciation) consists of: |  |  |

---

---

| | |
|:---|:---|
| <br> Gross unrealized appreciation | $1741245 |
| Gross unrealized depreciation | (443935) |
| Net unrealized appreciation | $1297310 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-23439

- **c. CIK number of Registrant:** 0001771146

- **d. LEI of Registrant:** 549300FWST5041130Z58

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

  - **Street Address 1:** 8730 Stony Point Parkway

  - **City:** Richmond

  - **State:** VA

  - **Foreign country:** US

  - **Zip / Postal Code:** 23235

  - **Telephone number:** 804-267-7400

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

- **a. Name of Series:** Hedgeye Fourth Turning ETF

- **b. EDGAR series identifier (if any):** S000096612

- **c. LEI of Series:** 254900U86POPCHOSQ214

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $68489761.81

**Total Liabilities:** $15597993.03

**Net Assets:** $52891768.78

**Cash Not Reported:** $6093592.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000265507 | 1.64%                | -0.76%               | 7.04%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  |  |  |
| Month 2  | $-97604.79               | $12622.28                                  |
| Month 3  | $-361424.16              | $1284461.99                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Tenet Healthcare Corp          | Tenet Healthcare Corp                                            | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Short            | EC               | CORP              | US        |     -2090 | NS      | $-395595.20   | -0.75%            |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co      | Archer-Daniels-Midland Co                                        | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     11935 | NS      | $803344.85    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                       | Okta Inc                                                         | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |      2663 | NS      | $224970.24    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc            | PayPal Holdings Inc                                              | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Short            | EC               | CORP              | US        |     -5952 | NS      | $-313610.88   | -0.59%            |  |  |  | No            |                  1 | On Loan: No      |
| Red Cat Holdings Inc           | Red Cat Holdings Inc                                             | CUSIP: 75644T100<br>LEI: 5493005OGSQW28V2PY05 | Long             | EC               | CORP              | US        |     19568 | NS      | $264168.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                                                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      2442 | NS      | $825396.00    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| 10X Genomics Inc               | 10X Genomics Inc                                                 | CUSIP: 88025U109<br>LEI: 5493003Z6741WNLG7H43 | Long             | EC               | CORP              | US        |     15223 | NS      | $307504.60    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Copper Index Fun | United States Copper Index Fund                                  | CUSIP: 911718104<br>LEI: 54930051JW65R2UMMD48 | Long             | EC               | RF                | US        |     25731 | NS      | $937380.33    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings I | BJ's Wholesale Club Holdings Inc                                 | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Short            | EC               | CORP              | US        |     -3971 | NS      | $-367079.24   | -0.69%            |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc         | CACI International Inc                                           | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |       814 | NS      | $505152.12    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                     | CarMax Inc                                                       | CUSIP: 143130102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -5339 | NS      | $-237799.06   | -0.45%            |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                     | Copart Inc                                                       | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Short            | EC               | CORP              | US        |     -6352 | NS      | $-257764.16   | -0.49%            |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners L | Enterprise Products Partners LP                                  | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |      6662 | NS      | $221111.78    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corp                    | Hexcel Corp                                                      | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |      4634 | NS      | $383741.54    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc         | Valmont Industries Inc                                           | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |       920 | NS      | $409915.20    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International Inc        | WESCO International Inc                                          | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |       953 | NS      | $275826.79    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                        | CRH PLC                                                          | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |      2092 | NS      | $256081.72    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BondBloxx Bloomberg Ten Year T | BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF     | CUSIP: 09789C812<br>LEI: N/A                  | Short            | EC               | RF                | US        |    -12369 | NS      | $-570953.04   | -1.08%            |  |  |  | No            |                  1 | On Loan: No      |
| EZCORP Inc                     | EZCORP Inc                                                       | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |     11989 | NS      | $257164.05    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills Inc              | General Mills Inc                                                | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Short            | EC               | CORP              | US        |     -8835 | NS      | $-408707.10   | -0.77%            |  |  |  | No            |                  1 | On Loan: No      |
| Global X Aging Population ETF  | Global X Aging Population ETF                                    | CUSIP: 37954Y772<br>LEI: 549300FHU56W8QHND629 | Long             | EC               | RF                | US        |     29525 | NS      | $1090358.25   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X Uranium ETF           | Global X Uranium ETF                                             | CUSIP: 37954Y871<br>LEI: 549300FJZ5SE0HHSHI40 | Long             | EC               | RF                | US        |     14770 | NS      | $812202.30    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI South Korea ETF   | iShares MSCI South Korea ETF                                     | CUSIP: 464286772<br>LEI: GR1QY1XUY5M0EJSI5J57 | Long             | EC               | RF                | US        |      4568 | NS      | $559168.88    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Italy ETF         | iShares MSCI Italy ETF                                           | CUSIP: 46434G830<br>LEI: 549300S0PVI5CQLC2571 | Short            | EC               | RF                | US        |     -6886 | NS      | $-384789.68   | -0.73%            |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc            | Clearway Energy Inc                                              | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |      5900 | NS      | $213285.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp            | Dollar General Corp                                              | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |      6563 | NS      | $941331.09    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 20+ Year Treasury Bond | iShares 20+ Year Treasury Bond ETF                               | CUSIP: 464287432<br>LEI: 549300WWURKS1JGBZU59 | Short            | EC               | RF                | US        |     -3277 | NS      | $-285525.01   | -0.54%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares 7-10 Year Treasury Bon | iShares 7-10 Year Treasury Bond ETF                              | CUSIP: 464287440<br>LEI: 549300XS1PPZG92M8L16 | Short            | EC               | RF                | US        |     -9999 | NS      | $-959304.06   | -1.81%            |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings Inc            | Karman Holdings Inc                                              | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1903 | NS      | $197531.40    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc                       | Moog Inc                                                         | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |      2005 | NS      | $612226.75    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings Inc           | Amentum Holdings Inc                                             | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |     16671 | NS      | $596488.38    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Array Technologies Inc         | Array Technologies Inc                                           | CUSIP: 04271T100<br>LEI: 549300JM5FECYJQ85V37 | Long             | EC               | CORP              | US        |     30256 | NS      | $342649.20    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands Inc            | BellRing Brands Inc                                              | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Short            | EC               | CORP              | US        |    -12695 | NS      | $-315724.65   | -0.60%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI France ETF        | iShares MSCI France ETF                                          | CUSIP: 464286707<br>LEI: 549300DTW3LGNTWLQA96 | Short            | EC               | RF                | US        |     -8212 | NS      | $-372414.20   | -0.70%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Germany ETF       | iShares MSCI Germany ETF                                         | CUSIP: 464286806<br>LEI: 5493004D0K60CDIFRQ61 | Short            | EC               | RF                | US        |     -8658 | NS      | $-373246.38   | -0.71%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Mexico ETF        | iShares MSCI Mexico ETF                                          | CUSIP: 464286822<br>LEI: 549300SQ92O6OZ19G545 | Long             | EC               | RF                | US        |     10483 | NS      | $787482.96    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 3-7 Year Treasury Bond | iShares 3-7 Year Treasury Bond ETF                               | CUSIP: 464288661<br>LEI: 549300BUGBHWMFPSNL42 | Short            | EC               | RF                | US        |     -2402 | NS      | $-286678.70   | -0.54%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Japan ETF         | iShares MSCI Japan ETF                                           | CUSIP: 46434G822<br>LEI: 5493008I6YRUC6I0S051 | Long             | EC               | RF                | US        |      8945 | NS      | $766765.40    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson              | Johnson & Johnson                                                | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      2652 | NS      | $602667.00    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc           | BWX Technologies Inc                                             | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |      3723 | NS      | $764815.89    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                   | Danaher Corp                                                     | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      3044 | NS      | $666301.16    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp                                                 | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      8141 | NS      | $1151137.40   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings Inc         | FirstCash Holdings Inc                                           | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2975 | NS      | $507237.50    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Option Care Health Inc         | Option Care Health Inc                                           | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |      8564 | NS      | $291176.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Helen of Troy Ltd              | Helen of Troy Ltd                                                | CUSIP: N/A<br>LEI: N/A                        | Short            | EC               | CORP              | US        |    -17063 | NS      | $-282563.28   | -0.53%            |  |  |  | No            |                  1 | On Loan: No      |
| abrdn Physical Platinum Shares | abrdn Physical Platinum Shares ETF                               | CUSIP: 003260106<br>LEI: 5493001S1GI0VA48N983 | Long             | EC               | RF                | US        |      4730 | NS      | $922539.20    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies Inc        | Akamai Technologies Inc                                          | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |      2629 | NS      | $255407.35    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc     | Sprouts Farmers Market Inc                                       | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Short            | EC               | CORP              | US        |     -3134 | NS      | $-222231.94   | -0.42%            |  |  |  | No            |                  1 | On Loan: No      |
| BKV Corp                       | BKV Corp                                                         | CUSIP: 05603J108<br>LEI: 549300S3T4Z01TRFU656 | Long             | EC               | CORP              | US        |     17246 | NS      | $513068.50    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In | Philip Morris International Inc                                  | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      3927 | NS      | $704660.88    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollie's Bargain Outlet Holding | Ollie's Bargain Outlet Holdings Inc                              | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Short            | EC               | CORP              | US        |     -3160 | NS      | $-348579.60   | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Bloomberg Enhanced Roll Y | SPDR Bloomberg Enhanced Roll Yield Commodity Strategy NO K-1 ETF | CUSIP: 78468R440<br>LEI: 984500D58F9EV0X92F27 | Long             | EC               | RF                | US        |    161788 | NS      | $5051021.36   | 9.55%             |  |  |  | No            |                  1 | On Loan: No      |
| US Physical Therapy Inc        | US Physical Therapy Inc                                          | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Short            | EC               | CORP              | US        |     -4622 | NS      | $-387647.14   | -0.73%            |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The             | Trade Desk Inc/The                                               | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Short            | EC               | CORP              | US        |     -6663 | NS      | $-202088.79   | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| Astronics Corp                 | Astronics Corp                                                   | CUSIP: 046433108<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |      4694 | NS      | $355570.50    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc                    | Equifax Inc                                                      | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Short            | EC               | CORP              | US        |     -1852 | NS      | $-372992.80   | -0.71%            |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund                       | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   2625085 | NS      | $2625084.80   | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                     | Intel Corp                                                       | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     16930 | NS      | $786737.10    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solu | Kratos Defense & Security Solutions Inc                          | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |      3991 | NS      | $411112.91    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                                                      | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Short            | EC               | CORP              | US        |     -1782 | NS      | $-293281.56   | -0.55%            |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                       | RTX Corp                                                         | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      3235 | NS      | $650008.55    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                | T-Mobile US Inc                                                  | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Short            | EC               | CORP              | US        |     -1864 | NS      | $-367599.44   | -0.70%            |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc   | Thermo Fisher Scientific Inc                                     | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1142 | NS      | $660772.62    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Warby Parker Inc               | Warby Parker Inc                                                 | CUSIP: 93403J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12559 | NS      | $320380.09    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                  | Kroger Co/The                                                    | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Short            | EC               | CORP              | US        |     -5815 | NS      | $-365472.75   | -0.69%            |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp          | Northrop Grumman Corp                                            | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |       594 | NS      | $411202.44    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                     | Pfizer Inc                                                       | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     23027 | NS      | $608833.88    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Street Interactive Inc    | Rush Street Interactive Inc                                      | CUSIP: 782011100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -13450 | NS      | $-237661.50   | -0.45%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Gold Shares               | SPDR Gold Shares                                                 | CUSIP: 78463V107<br>LEI: N/A                  | Long             | EC               | RF                | US        |      5962 | NS      | $2652791.90   | 5.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                                                      | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     10529 | NS      | $1254425.06   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Silver Trust           | iShares Silver Trust                                             | CUSIP: 46428Q109<br>LEI: 549300K2C2CG14B0ZA09 | Long             | EC               | RF                | US        |     15923 | NS      | $1201231.12   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                | McDonald's Corp                                                  | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      3116 | NS      | $981540.00    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S               | Novo Nordisk A/S                                                 | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |      6337 | NS      | $376607.91    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc        | Rockwell Automation Inc                                          | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      1522 | NS      | $641751.30    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategy Inc                   | Strategy Inc                                                     | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Short            | EC               | CORP              | US        |     -1289 | NS      | $-192976.19   | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Ondas Inc                      | Ondas Inc                                                        | CUSIP: 68236H204<br>LEI: 549300JWLHDUB82V8607 | Long             | EC               | CORP              | US        |     30309 | NS      | $314001.24    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                     | Qualys Inc                                                       | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |      1649 | NS      | $217503.10    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc                                                        | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Short            | EC               | CORP              | US        |      -595 | NS      | $-256093.95   | -0.48%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | State Street SPDR S&P 500 ETF Trust                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       327 | NC      | $48723.00     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| iShares MSCI Poland ETF        | iShares MSCI Poland ETF                                          | CUSIP: 46429B606<br>LEI: 549300AWENQCY4VS9S36 | Long             | EC               | RF                | US        |     20912 | NS      | $786082.08    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings Inc              | Post Holdings Inc                                                | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Short            | EC               | CORP              | US        |     -3379 | NS      | $-345705.49   | -0.65%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR FTSE International Govern | SPDR FTSE International Government Inflation-Protected Bond ETF  | CUSIP: 78464A490<br>LEI: 5493002X18ZM866TLJ34 | Long             | EC               | RF                | US        |     31545 | NS      | $1283881.50   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR S&P Software | State Street SPDR S&P Software & Services ETF                    | CUSIP: 78464A599<br>LEI: 5493005QE6PTF3R7AJ47 | Short            | EC               | RF                | US        |     -2689 | NS      | $-449573.91   | -0.85%            |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc       | Crowdstrike Holdings Inc                                         | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |       941 | NS      | $415362.11    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudbay Minerals Inc            | Hudbay Minerals Inc                                              | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |     15603 | NS      | $369479.04    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI India ETF         | iShares MSCI India ETF                                           | CUSIP: 46429B598<br>LEI: 549300282VMCFH7S5848 | Short            | EC               | RF                | US        |    -10239 | NS      | $-529765.86   | -1.00%            |  |  |  | No            |                  1 | On Loan: No      |
| F/m US Treasury 2 Year Note ET | F/m US Treasury 2 Year Note ETF                                  | CUSIP: 74933W486<br>LEI: 549300KBNTAMGFURJA42 | Long             | EC               | RF                | US        |     99075 | NS      | $4806128.25   | 9.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                                                   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      3355 | NS      | $802851.50    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                | Caterpillar Inc                                                  | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       834 | NS      | $548238.24    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The               | Coca-Cola Co/The                                                 | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      7422 | NS      | $555239.82    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods Inc      | Dick's Sporting Goods Inc                                        | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Short            | EC               | CORP              | US        |     -1174 | NS      | $-237148.00   | -0.45%            |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                   | DoorDash Inc                                                     | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Short            | EC               | CORP              | US        |     -1268 | NS      | $-259458.16   | -0.49%            |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                | First Solar Inc                                                  | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      1142 | NS      | $257543.84    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                 | GE Vernova Inc                                                   | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      1142 | NS      | $829514.54    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| JB Hunt Transport Services Inc | JB Hunt Transport Services Inc                                   | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |      2444 | NS      | $495447.68    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries  | Huntington Ingalls Industries Inc                                | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      2052 | NS      | $862886.52    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Spain ETF         | iShares MSCI Spain ETF                                           | CUSIP: 464286764<br>LEI: 549300KJYAHQCJB4CU67 | Long             | EC               | RF                | US        |     13759 | NS      | $774494.11    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares China Large-Cap ETF    | iShares China Large-Cap ETF                                      | CUSIP: 464287184<br>LEI: 5493001YVWPO25CNKN94 | Long             | EC               | RF                | US        |     13397 | NS      | $530655.17    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp                                                     | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      6469 | NS      | $726792.15    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Elbit Systems Ltd              | Elbit Systems Ltd                                                | CUSIP: N/A<br>LEI: 529900Q9CB1REUMZSS32       | Long             | EC               | CORP              | IL        |       497 | NS      | $349177.29    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-31

**Name of Applicant:** ETF Opportunities Trust

**Signature:** /s/ Ann MacDonald

**Name of Signer:** Ann MacDonald

**Title:** Principal Financial Officer