# EDGAR Filing Document

**Accession Number:** 0001552947
**File Stem:** 0001752724-23-070469
**Filing Date:** 2023-3
**Character Count:** 14542
**Document Hash:** 2d2cf3d92686c9aa1cf9e0cba2a58e4a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-070469.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-070469

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Two Roads Shared Trust
- **CENTRAL INDEX KEY:** 0001552947
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22718
- **FILM NUMBER:** 23771737

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68130

## Series and Classes Contracts Data

### Anfield U.S. Equity Sector Rotation ETF (Series ID: S000067047)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000215718 | Anfield U.S. Equity Sector Rotation ETF |  |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** | **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** | **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **January 31, 2023** | **January 31, 2023** | **January 31, 2023** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 5.9%** |  |
|  | **BEVERAGES - 0.4%** |  |
| 6609 | Coca-Cola Company (The) | &nbsp;&nbsp;&nbsp; $405264 |
|  | **BIOTECH & PHARMA - 0.4%** |  |
| 1140 | Eli Lilly and Company | &nbsp;&nbsp;&nbsp; 392331 |
|  | **ELECTRIC UTILITIES - 1.1%** |  |
| 12825 | CenterPoint Energy, Inc. | &nbsp;&nbsp;&nbsp; 386289 |
| 9431 | Exelon Corporation | &nbsp;&nbsp;&nbsp; 397894 |
| 2385 | Sempra Energy | &nbsp;&nbsp;&nbsp; 382387 |
|  |  | &nbsp;&nbsp; 1166570 |
|  | **ENGINEERING & CONSTRUCTION - 0.4%** |  |
| 2787 | Quanta Services, Inc. | &nbsp;&nbsp;&nbsp; 424154 |
|  | **FOOD - 0.8%** |  |
| 1661 | Hershey Company (The) | &nbsp;&nbsp;&nbsp; 373061 |
| 4766 | Lamb Weston Holdings, Inc. | &nbsp;&nbsp;&nbsp; 476075 |
|  |  | &nbsp;&nbsp; 849136 |
|  | **HEALTH CARE FACILITIES & SERVICES - 0.7%** |  |
| 1059 | McKesson Corporation | &nbsp;&nbsp;&nbsp; 401022 |
| 719 | UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp; 358918 |
|  |  | &nbsp;&nbsp; 759940 |
|  | **OIL & GAS PRODUCERS - 1.4%** |  |
| 2376 | Chevron Corporation | &nbsp;&nbsp;&nbsp; 413471 |
| 3947 | Exxon Mobil Corporation | &nbsp;&nbsp;&nbsp; 457891 |
| 3488 | Marathon Petroleum Corporation | &nbsp;&nbsp;&nbsp; 448278 |
|  |  | &nbsp;&nbsp; 1319640 |
|  | **RENEWABLE ENERGY - 0.3%** |  |
| 1286 | Enphase Energy, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 284695 |
|  | **RETAIL - DISCRETIONARY - 0.4%** |  |
| 171 | AutoZone, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 417043 |
|  | **TOTAL COMMON STOCKS (Cost $5,334,767)** | &nbsp;&nbsp; 6018773 |

---

---

| | | |
|:---|:---|:---|
| **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** | **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** | **ANFIELD U.S. EQUITY SECTOR ROTATION ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **January 31, 2023** | **January 31, 2023** | **January 31, 2023** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 93.6%** |  |
|  | **EQUITY - 93.6%** |  |
| 49789 | Consumer Discretionary Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp; $7403624 |
| 196748 | Consumer Staples Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp; 14508198 |
| 111215 | Energy Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp; 10001565 |
| 162887 | Health Care Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp; 21722610 |
| 72233 | Industrial Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp; 7356931 |
| 38162 | Invesco QQQ Trust Series 1 | &nbsp;&nbsp;&nbsp; 11243288 |
| 16835 | SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 6843091 |
| 85135 | Technology Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp; 11574955 |
| 71544 | Utilities Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp; 4942975 |
|  |  | &nbsp;&nbsp; 95597237 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $89,194,150)** | &nbsp;&nbsp; 95597237 |
|  | **TOTAL INVESTMENTS - 99.5% (Cost $94,528,917)** | &nbsp;&nbsp;&nbsp; $101616010 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.5%** | &nbsp;&nbsp; 494726 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $102110736 |

---

---

| | |
|:---|:---|
| ETF | - Exchange-Traded Fund |
| SPDR | - Standard & Poor's Depositary Receipt |

---

<sup>(a)</sup> Non-income producing security.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Two Roads Shared Trust

- **b. Investment Company Act file number:** 811-22718

- **c. CIK number of Registrant:** 0001552947

- **d. LEI of Registrant:** 549300REHU8QC2CK4V30

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 402-895-1600

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

- **a. Name of Series:** Anfield US Equity Sector Rotation ETF

- **b. EDGAR series identifier (if any):** S000067047

- **c. LEI of Series:** 549300NDF0K5C4SFNU15

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $102214638.13

**Total Liabilities:** $103902.15

**Net Assets:** $102110735.98

**Cash Not Reported:** $598627.99

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000215718 | 4.85%                | -4.66%               | 3.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $6208907.76                                |
| Month 2  | $3202372.43              | $-10029182.54                              |
| Month 3  | $0.00                    | $3314753.36                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Chevron Corporation        | CHEVRON CORP              | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2376 | NS      | $413471.52    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr         | HEALTH CARE SELECT SECTOR | CUSIP: 81369Y209<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |    162887 | NS      | $21722610.32  | 21.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corporation    | EXXON MOBIL CORP          | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      3947 | NS      | $457891.47    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Autozone, Inc.             | AUTOZONE INC              | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       171 | NS      | $417043.35    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Qqq Trust          | INVESCO QQQ TRUST SERIES  | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |     38162 | NS      | $11243288.44  | 11.01%            |  |  |  | No            |                  1 | On Loan: No      |
| The Coca-Cola Company      | COCA-COLA CO/THE          | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      6609 | NS      | $405263.88    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr         | TECHNOLOGY SELECT SECT SP | CUSIP: 81369Y803<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |     85135 | NS      | $11574954.60  | 11.34%            |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr         | CONSUMER DISCRETIONARY SE | CUSIP: 81369Y407<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |     49789 | NS      | $7403624.30   | 7.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr         | CONSUMER STAPLES SPDR     | CUSIP: 81369Y308<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |    196748 | NS      | $14508197.52  | 14.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Centerpoint Energy Inc     | CENTERPOINT ENER          | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     12825 | NS      | $386289.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc   | LAMB WESTON               | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |      4766 | NS      | $476075.74    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc         | ENPHASE ENERGY            | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      1286 | NS      | $284694.68    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr         | UTILITIES SELECT SECTOR S | CUSIP: 81369Y886<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |     71544 | NS      | $4942974.96   | 4.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corporation         | EXELON CORP               | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |      9431 | NS      | $397893.89    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Spdr S&P 500 Etf Trust     | SPDR S&P 500 ETF          | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |     16835 | NS      | $6843090.80   | 6.70%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.    | UNITEDHEALTH GRP          | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       719 | NS      | $358917.61    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr         | ENERGY SELECT SECTOR SPDR | CUSIP: 81369Y506<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |    111215 | NS      | $10001564.95  | 9.79%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corporation       | MCKESSON CORP             | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      1059 | NS      | $401022.12    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Company | MARATHON PETROLE          | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      3488 | NS      | $448277.76    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                     | SEMPRA ENERGY             | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |      2385 | NS      | $382387.05    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr         | INDUSTRIAL SELECT SECT SP | CUSIP: 81369Y704<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |     72233 | NS      | $7356931.05   | 7.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.      | QUANTA SERVICES           | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      2787 | NS      | $424153.53    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co (The)           | HERSHEY CO/THE            | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      1661 | NS      | $373060.60    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.            | ELI LILLY & CO            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1140 | NS      | $392331.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** Two Roads Shared Trust

**Signature:** Laura Szalyga

**Name of Signer:** Laura Szalyga

**Title:** Treasurer