# EDGAR Filing Document

**Accession Number:** 0001742912
**File Stem:** 0002000324-25-002176
**Filing Date:** 2025-6
**Character Count:** 15819
**Document Hash:** ebf1b72ec6905c57f2832bcd18cc5599
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-002176.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0002000324-25-002176

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20260131

**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:** 251075727

**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

### Residential REIT ETF (Series ID: S000075316)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000234246 | Residential REIT ETF | HAUS            |

## Nport-Ex

**Residential REIT ETF**

**Schedule of Investments**

**April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **REAL ESTATE INVESTMENT TRUSTS - 99.8%** | **Shares** | **Value** |
| **Apartments - 63.3%<sup>(a)</sup>** | **Apartments - 63.3%<sup>(a)</sup>** | |
| American Homes 4 Rent - Class A | 9102 | $340324 |
| Apartment Investment and Management Co. - Class A | 43325 | 342701 |
| AvalonBay Communities, Inc. | 1632 | 342687 |
| BRT Apartments Corp. | 21988 | 340154 |
| Camden Property Trust | 2967 | 337645 |
| Centerspace | 5617 | 339042 |
| Elme Communities | 21796 | 339364 |
| Equity Residential | 4879 | 342799 |
| Essex Property Trust, Inc. | 1216 | 339446 |
| Independence Realty Trust, Inc. | 17301 | 336158 |
| Invitation Homes, Inc. | 9953 | 340293 |
| Mid-America Apartment Communities, Inc. | 2103 | 335744 |
| NexPoint Residential Trust, Inc. | 9294 | 346480 |
| UDR, Inc. | 8143 | 341029 |
|  |  | 4763866 |
| **Diversified - 9.0%** |  |  |
| UMH Properties, Inc. | 19156 | 338486 |
| Veris Residential, Inc. | 21796 | 338274 |
|  |  | 676760 |
| **Health Care - 9.2%** |  |  |
| CareTrust REIT, Inc. | 11881 | 347757 |
| Welltower, Inc. | 2279 | 347753 |
|  |  | 695510 |
| **Manufactured Homes - 9.1%** |  |  |
| Equity LifeStyle Properties, Inc. | 5281 | 342103 |
| Sun Communities, Inc. | 2744 | 341436 |
|  |  | 683539 |
| **Storage - 9.2%** |  |  |
| Extra Space Storage, Inc. | 2389 | 350036 |
| Public Storage | 1157 | 347598 |
|  |  | 697634 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $7,821,149) |  | 7517309 |
| **SHORT-TERM INVESTMENTS - 0.2%** |  |  |
| **Money Market Funds - 0.2%** |  |  |
| First American Government Obligations Fund - Class X, 4.25%<sup>(b)</sup> | 11709 | 11709 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $11,709) |  | 11709 |
| **TOTAL INVESTMENTS - 100.0%** (Cost $7,832,858) |  | 7529018 |
| Liabilities in Excess of Other Assets - (0.0)%<sup>(c)</sup> |  | (3530) |
| **TOTAL NET ASSETS - 100.0%** |  | $7525488 |
| two |  | –% |
| Percentages are stated as a percent of net assets. |  |  |

---

(a) 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.

(b) The rate shown represents the 7-day annualized effective yield as of April 30, 2025.

(c) Represents less than 0.05% of net assets.

**Summary of Fair Value Disclosure as of April 30, 2025 (Unaudited)**

Residential REIT ETF 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 April 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments</u>: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts | $7517309 | $— | $— | $7517309 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 11709 |  |  | 11709 |
| Total Investments | $7529018 | $— | $— | $7529018 |

---

Refer to the Schedule of Investments for further disaggregation of investment categories.

## 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:** Residential Reit Income ETF

- **b. EDGAR series identifier (if any):** S000075316

- **c. LEI of Series:** 549300HD2WCQ6B4NJA89

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

- **a. Date of fiscal year-end:** 2026-01-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $7529174.78

**Total Liabilities:** $3686.35

**Net Assets:** $7525488.43

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234246 | 6.27%                | -0.78%               | -4.66%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $459724.53                                 |
| Month 2  | $0.00                    | $-107955.34                                |
| Month 3  | $-8787.98                | $-368648.86                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Homes 4 Rent          | American Homes 4 Rent                      | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |      9102 | NS      | $340323.78    | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Apartment Investment and Manag | Apartment Investment and Management Co     | CUSIP: 03748R747<br>LEI: 549300O8FT5GJ4RU1D57 | Long             | EC               | CORP              | US        |     43325 | NS      | $342700.75    | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc      | AvalonBay Communities Inc                  | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      1632 | NS      | $342687.36    | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BRT Apartments Corp            | BRT Apartments Corp                        | CUSIP: 055645303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21988 | NS      | $340154.36    | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust          | Camden Property Trust                      | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |      2967 | NS      | $337644.60    | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc             | CareTrust REIT Inc                         | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     11881 | NS      | $347756.87    | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                    | Centerspace                                | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |      5617 | NS      | $339042.12    | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Elme Communities               | Elme Communities                           | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               | CORP              | US        |     21796 | NS      | $339363.72    | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties In | Equity LifeStyle Properties Inc            | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |      5281 | NS      | $342103.18    | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential             | Equity Residential                         | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |      4879 | NS      | $342798.54    | 4.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc       | Essex Property Trust Inc                   | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      1216 | NS      | $339446.40    | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc        | Extra Space Storage Inc                    | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |      2389 | NS      | $350036.28    | 4.65%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |     11709 | NS      | $11709.14     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust Inc  | Independence Realty Trust Inc              | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |     17301 | NS      | $336158.43    | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc           | Invitation Homes Inc                       | CUSIP: 46187W107<br>LEI: 984500FE452E665C9F85 | Long             | EC               | CORP              | US        |      9953 | NS      | $340293.07    | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communit | Mid-America Apartment Communities Inc      | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      2103 | NS      | $335743.95    | 4.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NexPoint Residential Trust Inc | NexPoint Residential Trust Inc             | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               | CORP              | US        |      9294 | NS      | $346480.32    | 4.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                 | Public Storage                             | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |      1157 | NS      | $347597.51    | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc            | Sun Communities Inc                        | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      2744 | NS      | $341435.92    | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                        | UDR Inc                                    | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |      8143 | NS      | $341028.84    | 4.53%             |  |  |  | No            |                  1 | On Loan: No      |
| UMH Properties Inc             | UMH Properties Inc                         | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               | CORP              | US        |     19156 | NS      | $338486.52    | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Veris Residential Inc          | Veris Residential Inc                      | CUSIP: 554489104<br>LEI: 254900KTVBRYJCQU2J23 | Long             | EC               | CORP              | US        |     21796 | NS      | $338273.92    | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                  | Welltower Inc                              | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      2279 | NS      | $347752.61    | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-26

**Name of Applicant:** Tidal Trust I

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer