# EDGAR Filing Document

**Accession Number:** 0001742912
**File Stem:** 0002000324-26-000634
**Filing Date:** 2026-2
**Character Count:** 17776
**Document Hash:** 2b832f69c0fbf6303ff65a933f839881
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-000634.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0002000324-26-000634

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260930

**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:** 26682388

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE,
- **STATE:** WI
- **BUSINESS PHONE:** 844-986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE,
- **STATE:** WI

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

## Series and Classes Contracts Data

### American Customer Satisfaction ETF (Series ID: S000071844)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000227368 | American Customer Satisfaction ETF | ACSI            |

## Nport-Ex

**American Customer Satisfaction ETF**

**Schedule of Investments**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 99.8%** | **Shares** | **Value** |
| **Banking - 7.1%** | | |
| JPMorgan Chase & Co. | 11855 | $3819918 |
| Regions Financial Corp. | 128645 | 3486280 |
|  |  | 7306198 |
| **Consumer Discretionary Products - 6.1%** |  |  |
| General Motors Co. | 47050 | 3826106 |
| Nike, Inc. - Class B | 39331 | 2505778 |
|  |  | 6331884 |
| **Consumer Discretionary Services - 5.7%** |  |  |
| Hilton Worldwide Holdings, Inc. | 10947 | 3144525 |
| Starbucks Corp. | 32737 | 2756783 |
|  |  | 5901308 |
| **Consumer Staple Products - 5.7%** |  |  |
| Clorox Co. | 20691 | 2086274 |
| Coca-Cola Co. | 54633 | 3819393 |
|  |  | 5905667 |
| **Financial Services - 3.5%** |  |  |
| Charles Schwab Corp. | 36086 | 3605352 |
| **Health Care - 4.4%** |  |  |
| Humana, Inc. | 8840 | 2264189 |
| UnitedHealth Group, Inc. | 6963 | 2298556 |
|  |  | 4562745 |
| **Industrial Services - 5.5%** |  |  |
| FedEx Corp. | 9456 | 2731460 |
| Southwest Airlines Co. | 71124 | 2939555 |
|  |  | 5671015 |
| **Insurance - 3.6%** |  |  |
| Prudential Financial, Inc. | 32637 | 3684065 |
| **Media - 16.4%** |  |  |
| Alphabet, Inc. - Class C | 27029 | 8481700 |
| Meta Platforms, Inc. - Class A | 6250 | 4125563 |
| Netflix, Inc.<sup>(a)</sup> | 29436 | 2759919 |
| Pinterest, Inc. - Class A<sup>(a)</sup> | 60719 | 1572015 |
|  |  | 16939197 |

---

---

| | | |
|:---|:---|:---|
| **Retail & Wholesale - Discretionary - 15.5%** |  |  |
| Amazon.com, Inc.<sup>(a)</sup> | 21508 | $4964476 |
| Chewy, Inc. - Class A<sup>(a)</sup> | 75383 | 2491408 |
| O'Reilly Automotive, Inc.<sup>(a)</sup> | 26998 | 2462488 |
| TJX Cos., Inc. | 20018 | 3074965 |
| Ulta Beauty, Inc.<sup>(a)</sup> | 5084 | 3075871 |
|  |  | 16069208 |
| **Retail & Wholesale - Staples - 3.3%** |  |  |
| Costco Wholesale Corp. | 3978 | 3430388 |
| **Software & Tech Services - 4.0%** |  |  |
| Microsoft Corp. | 8584 | 4151394 |
| **Tech Hardware & Semiconductors - 8.7%** |  |  |
| Apple, Inc. | 18298 | 4974494 |
| Dell Technologies, Inc. - Class C | 31554 | 3972018 |
|  |  | 8946512 |
| **Telecommunications - 6.0%** |  |  |
| T-Mobile US, Inc. | 14743 | 2993419 |
| Verizon Communications, Inc. | 77741 | 3166391 |
|  |  | 6159810 |
| **Utilities - 4.3%** |  |  |
| Ameren Corp. | 14621 | 1460053 |
| Entergy Corp. | 15818 | 1462058 |
| Public Service Enterprise Group, Inc. | 18518 | 1486995 |
|  |  | 4409106 |
| **TOTAL COMMON STOCKS (Cost $84,699,238)** |  | 103073849 |
| **SHORT-TERM INVESTMENTS - 0.2%** |  |  |
| **Money Market Funds - 0.2%** | **Shares** | **Value** |
| First American Government Obligations Fund - Class X, 3.67%<sup>(b)</sup> | 212550 | 212550 |
| **TOTAL SHORT-TERM INVESTMENTS (Cost $212,550)** |  | 212550 |
| **TOTAL INVESTMENTS - 100.0% (Cost $84,911,788)** |  | $103286399 |
| Other Assets in Excess of Liabilities - 0.0%<sup>(c)</sup> |  | 28234 |
| **TOTAL NET ASSETS - 100.0%** |  | $103314633 |
| **Percentages are stated as a percent of net assets.** |  |  |

---

(a) Non-income producing security.

(b) The rate shown represents the 7-day annualized effective yield as of December 31, 2025.

(c) Does not round to 0.1% or (0.1)%, as applicable.

## 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:** American Customer Satisfaction ETF

- **b. EDGAR series identifier (if any):** S000071844

- **c. LEI of Series:** 549300GKEXDI05PEZ442

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $103372149.34

**Total Liabilities:** $57515.90

**Net Assets:** $103314633.44

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227368 | -0.15%               | 1.43%                | -0.14%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $133816.07               | $-350459.85                                |
| Month 2  | $0.00                    | $1405842.51                                |
| Month 3  | $26774.20                | $-276029.43                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     27029 | NS      | $8481700.20   | 8.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     21508 | NS      | $4964476.56   | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                    | Ameren Corp                                | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     14621 | NS      | $1460053.06   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     18298 | NS      | $4974494.28   | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     36086 | NS      | $3605352.26   | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                      | Chewy Inc                                  | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |     75383 | NS      | $2491408.15   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co/The                  | Clorox Co/The                              | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |     20691 | NS      | $2086273.53   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The               | Coca-Cola Co/The                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     54633 | NS      | $3819393.03   | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      3978 | NS      | $3430388.52   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc          | Dell Technologies Inc                      | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     31554 | NS      | $3972017.52   | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                   | Entergy Corp                               | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     15818 | NS      | $1462057.74   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                     | FedEx Corp                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      9456 | NS      | $2731460.16   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co              | General Motors Co                          | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     47050 | NS      | $3826106.00   | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc  | Hilton Worldwide Holdings Inc              | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     10947 | NS      | $3144525.75   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                     | Humana Inc                                 | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      8840 | NS      | $2264189.20   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     11855 | NS      | $3819918.10   | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      6250 | NS      | $4125562.50   | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      8584 | NS      | $4151394.08   | 4.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     29436 | NS      | $2759919.36   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                       | NIKE Inc                                   | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     39331 | NS      | $2505778.01   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc        | O'Reilly Automotive Inc                    | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     26998 | NS      | $2462487.58   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                  | Pinterest Inc                              | CUSIP: 72352L106<br>LEI: 529900Y043CEBGO4HB65 | Long             | EC               | CORP              | US        |     60719 | NS      | $1572014.91   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial Inc       | Prudential Financial Inc                   | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |     32637 | NS      | $3684064.56   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Grou | Public Service Enterprise Group Inc        | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     18518 | NS      | $1486995.40   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp         | Regions Financial Corp                     | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    128645 | NS      | $3486279.50   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co          | Southwest Airlines Co                      | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |     71124 | NS      | $2939554.92   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                 | Starbucks Corp                             | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     32737 | NS      | $2756782.77   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     20018 | NS      | $3074964.98   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                | T-Mobile US Inc                            | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     14743 | NS      | $2993418.72   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                | Ulta Beauty Inc                            | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      5084 | NS      | $3075870.84   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      6963 | NS      | $2298555.93   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     77741 | NS      | $3166390.93   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    212550 | NS      | $212549.86    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** Tidal Trust I

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer