# EDGAR Filing Document

**Accession Number:** 0001742912
**File Stem:** 0002000324-26-000227
**Filing Date:** 2026-1
**Character Count:** 13192
**Document Hash:** ddcad6897221d81831634531cd513c69
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-000227.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0002000324-26-000227

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust I
- **CENTRAL INDEX KEY:** 0001742912

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23377
- **FILM NUMBER:** 26571281

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE,
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** 844-986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE,
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tidal ETF Trust
- **DATE OF NAME CHANGE:** 20180606

## Series and Classes Contracts Data

### Unlimited HFMF Managed Futures ETF (Series ID: S000082857)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000246180 | Unlimited HFMF Managed Futures ETF | HFMF            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Unlimited HFMF Managed Futures ETF** | **Unlimited HFMF Managed Futures ETF** | **Unlimited HFMF Managed Futures ETF** |
| **Consolidated Schedule of Investments** | **Consolidated Schedule of Investments** | **Consolidated Schedule of Investments** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**SHORT-TERM INVESTMENTS - 85.8%** | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Money Market Funds - 85.8%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First American Government Obligations Fund - Class X, 3.92%<sup>(a)(b)</sup> | 8621289 | $8621289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL SHORT-TERM INVESTMENTS (Cost $8,621,289)** |  | 8621289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL INVESTMENTS - 85.8% (Cost $8,621,289)** |  | $8621289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Assets in Excess of Liabilities - 14.2% |  | 1429464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL NET ASSETS - 100.0%** |  | $10050753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Percentages are stated as a percent of net assets. |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) The rate shown represents the 7-day annualized effective yield as of November 30, 2025.

(b) 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.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Unlimited HFMF Managed Futures ETF** | **Unlimited HFMF Managed Futures ETF** | **Unlimited HFMF Managed Futures ETF** | **Unlimited HFMF Managed Futures ETF** | **Unlimited HFMF Managed Futures ETF** |
| **Consolidated Schedule of Futures Contracts** | **Consolidated Schedule of Futures Contracts** | **Consolidated Schedule of Futures Contracts** | **Consolidated Schedule of Futures Contracts** | **Consolidated Schedule of Futures Contracts** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **FUTURES CONTRACTS - 1.1%** | | | | |
| **Description** | **Contracts<br> Purchased** | **Expiration Date** | **Notional Value** | **Value / Unrealized Appreciation (Depreciation)** |
| British Pound/U.S. Dollar Cross Currency Rate | 58 | 12/15/2025 | $4797688 | $10944 |
| CBOE Volatility Index | 42 | 12/17/2025 | 767285 | (1474) |
| Cocoa<sup>(a)</sup> | 3 | 03/16/2026 | 165120 | 6587 |
| Copper<sup>(a)</sup> | 12 | 03/27/2026 | 1581600 | 65354 |
| Corn<sup>(a)</sup> | 74 | 03/13/2026 | 1656675 | 23324 |
| E-Mini S&P 500 Index | 12 | 12/19/2025 | 4115700 | 9506 |
| Euro/U.S. Dollar Cross Currency Rate | 16 | 12/15/2025 | 2322300 | (162) |
| Gold<sup>(a)</sup> | 6 | 02/25/2026 | 2552940 | 61947 |
| Live Cattle<sup>(a)</sup> | 11 | 12/31/2025 | 948530 | (26528) |
| Nikkei 225 Index | 3 | 12/11/2025 | 753675 | (14888) |
| U.S. Treasury Long Bonds | 16 | 03/20/2026 | 1879000 | 543 |
|  |  |  |  | 135153 |
| **Description** | **Contracts<br> Sold** | **Expiration Date** | **Notional Value** | **Value / Unrealized Appreciation (Depreciation)** |
| Canadian Dollar/U.S. Dollar Cross Currency Rate | (84) | 12/16/2025 | (6016500) | (8305) |
| Japanese Yen/U.S. Dollar Cross Currency Rate | (70) | 12/15/2025 | (5609188) | (666) |
| Soybeans<sup>(a)</sup> | (8) | 01/14/2026 | (455100) | (2148) |
| Sugar #11<sup>(a)</sup> | (15) | 02/27/2026 | (255528) | (7290) |
| WTI Crude Oil<sup>(a)</sup> | (15) | 12/19/2025 | (878250) | (7707) |
|  |  |  |  | (26116) |
| **Net Unrealized Appreciation (Depreciation)** |  |  |  | $109037 |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) All or a portion of the investment is a holding of the Unlimited HFMF Cayman Subsidiary.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Tidal Trust I

- **b. Investment Company Act file number:** 811-23377

- **c. CIK number of Registrant:** 0001742912

- **d. LEI of Registrant:** 549300VTYHP8U2332C46

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

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 8449867676

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

- **a. Name of Series:** Unlimited Hfmf Managed Futures ETF

- **b. EDGAR series identifier (if any):** S000082857

- **c. LEI of Series:** 5299000GLR1HQ7CDNA72

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**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:** $10107000.77

**Total Liabilities:** $53114.25

**Net Assets:** $10053886.52

**Amount of Assets Invested in Other Investment Companies:** $588332.28

**Cash Not Reported:** $1317561.02

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** -1009.59

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246180 | 1.94%                | 0.17%                | 0.00%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $0.00                    | $0.00                                      |

**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        |   8621289 | NS      | $8621288.94   | 85.75%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | BP CURRENCY FUT   Dec25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |        45 | NC      | $11075.85     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | C$ CURRENCY FUT   Dec25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |       -52 | NC      | $-7861.24     | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | COCOA FUTURE      Mar26                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |         2 | NC      | $6651.26      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | COFFEE 'C' FUTURE Mar26                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |         1 | NC      | $2770.63      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | COPPER FUTURE     Mar26                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        13 | NC      | $70799.69     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | CORN FUTURE       Mar26                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        43 | NC      | $23460.80     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | GOLD 100 OZ FUTR  Feb26                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |         5 | NC      | $62030.65     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | JPN YEN CURR FUT  Dec25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |        -3 | NC      | $-30.36       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | LIVE CATTLE FUTR  Dec25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        15 | NC      | $-68655.63    | -0.68%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | NIKKEI 225  (CME) Dec25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         5 | NC      | $-15322.10    | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | S&P500 EMINI FUT  Dec25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        14 | NC      | $15423.90     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SOYBEAN FUTURE    Jan26                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        -4 | NC      | $-2080.10     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SUGAR #11 (WORLD) Mar26                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -19 | NC      | $-10487.83    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US LONG BOND(CBT) Mar26                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         7 | NC      | $853.02       | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | WTI CRUDE FUTURE  Jan26                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -17 | NC      | $-8734.09     | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-28

**Name of Applicant:** Tidal Trust I

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer