# EDGAR Filing Document

**Accession Number:** 0001742912
**File Stem:** 0002000324-25-002501
**Filing Date:** 2025-7
**Character Count:** 28699
**Document Hash:** 7310c080b87b6922abf89368f2e00aee
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-002501.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0002000324-25-002501

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20260228

**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:** 251158378

**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

### SoFi Social 50 ETF (Series ID: S000065095)

| Class ID   | Class Name         | Ticker Symbol   |
|:---|:---|:---|
| C000210799 | SoFi Social 50 ETF | SFYF            |

## Nport-Ex

**SoFi Social 50 ETF**

**Schedule of Investments**

**May 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 98.5%** | **Shares** | **Value** |
| **Aerospace & Defense - 0.8%** |  |  |
| The Boeing Co. <sup>(a)</sup> | 993 | $205869 |
| **Airlines - 0.8%** |  |  |
| American Airlines Group, Inc. <sup>(a)</sup> | 8714 | 99427 |
| Delta Air Lines, Inc. | 2286 | 110619 |
|  |  | 210046 |
| **Apparel - 0.8%** |  |  |
| Nike, Inc. - Class B | 3102 | 187950 |
| **Auto Manufacturers - 16.6%** |  |  |
| Ford Motor Co. | 22593 | 234515 |
| Lucid Group, Inc. <sup>(a)(b)</sup> | 63364 | 141302 |
| NIO, Inc. - Class C - ADR <sup>(a)(b)</sup> | 45827 | 162228 |
| Rivian Automotive, Inc. - Class A <sup>(a)(b)</sup> | 54463 | 791347 |
| Tesla, Inc. <sup>(a)</sup> | 7981 | 2765097 |
|  |  | 4094489 |
| **Banks - 1.5%** |  |  |
| NU Holdings Ltd. - Class A <sup>(a)</sup> | 30007 | 360384 |
| **Beverages - 0.8%** |  |  |
| The Coca-Cola Co. | 2877 | 207432 |
| **Commercial Services - 1.3%** |  |  |
| Block, Inc. - Class A <sup>(a)</sup> | 1693 | 104543 |
| PayPal Holdings, Inc. <sup>(a)</sup> | 3037 | 213440 |
|  |  | 317983 |
| **Computers - 4.0%** |  |  |
| Apple, Inc. | 4983 | 1000836 |
| **Diversified Financial Services - 1.7%** |  |  |
| Coinbase Global, Inc. - Class A <sup>(a)</sup> | 1702 | 419747 |
| **Entertainment - 0.9%** |  |  |
| AMC Entertainment Holdings, Inc. - Class A <sup>(a)(b)</sup> | 27468 | 97786 |
| DraftKings, Inc. - Class A <sup>(a)</sup> | 3132 | 112376 |
|  |  | 210162 |
| **Insurance - 4.3%** |  |  |
| Berkshire Hathaway, Inc. - Class B <sup>(a)(b)</sup> | 2113 | 1064867 |
| **Internet - 20.0%** |  |  |
| Airbnb, Inc. - Class A <sup>(a)</sup> | 892 | 115068 |
| Alibaba Group Holding Ltd. - ADR <sup>(b)</sup> | 1778 | 202408 |
| Alphabet, Inc. - Class A | 6665 | 1144647 |
| Amazon.com, Inc. <sup>(a)</sup> | 5976 | 1225140 |
| Maplebear, Inc. <sup>(a)</sup> | 1253 | 57224 |
| Meta Platforms, Inc. - Class A | 1857 | 1202389 |
| Netflix, Inc. <sup>(a)</sup> | 379 | 457540 |
| Reddit, Inc. - Class A <sup>(a)</sup> | 2299 | 258293 |
| Shopify, Inc. - Class A <sup>(a)(b)</sup> | 2695 | 288958 |
|  |  | 4951667 |
| **Leisure Time - 0.6%** |  |  |
| Carnival Corp. <sup>(a)</sup> | 6838 | 158778 |

---

---

| | | |
|:---|:---|:---|
| **Media - 1.7%** |  |  |
| The Walt Disney Co. | 3756 | 424578 |
| **Oil & Gas - 0.8%** |  |  |
| Exxon Mobil Corp. | 1959 | 200406 |
| **Pharmaceuticals - 1.5%** |  |  |
| Johnson & Johnson | 660 | 102439 |
| Pfizer, Inc. | 9950 | 233725 |
| Tilray Brands, Inc. <sup>(a)(b)</sup> | 56039 | 23856 |
|  |  | 360020 |
| **Retail - 8.0%** |  |  |
| Costco Wholesale Corp. | 883 | 918479 |
| GameStop Corp. - Class A <sup>(a)(b)</sup> | 14100 | 420180 |
| Starbucks Corp. | 1173 | 98473 |
| Target Corp. <sup>(b)</sup> | 1300 | 122213 |
| Walmart, Inc. | 4148 | 409491 |
|  |  | 1968836 |
| **Semiconductors - 20.6%** |  |  |
| Advanced Micro Devices, Inc. <sup>(a)</sup> | 8163 | 903889 |
| ARM Holdings PLC - ADR <sup>(a)(b)</sup> | 2431 | 302757 |
| Broadcom, Inc. | 2101 | 508589 |
| Intel Corp. | 13406 | 262087 |
| NVIDIA Corp. | 19426 | 2625035 |
| Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | 2596 | 501859 |
|  |  | 5104216 |
| **Software - 10.2%** |  |  |
| Microsoft Corp. | 2545 | 1171616 |
| Palantir Technologies, Inc. - Class A <sup>(a)</sup> | 8938 | 1177850 |
| SoundHound AI, Inc. - Class A <sup>(a)(b)</sup> | 17015 | 172022 |
|  |  | 2521488 |
| **Telecommunications - 1.6%** |  |  |
| AT&T, Inc. | 8379 | 232936 |
| Verizon Communications, Inc. | 3529 | 155135 |
|  |  | 388071 |
| **TOTAL COMMON STOCKS (Cost $17,963,600)** |  | 24357825 |
| **REAL ESTATE INVESTMENT TRUSTS - COMMON - 1.1%** |  |  |
| Realty Income Corp. <sup>(b)</sup> | 4748 | 268832 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON (Cost $275,643)** |  | 268832 |
| **SHORT-TERM INVESTMENTS - 15.0%** | **Units** |  |
| **Investments Purchased with Proceeds from Securities Lending - 14.7%** |  |  |
| Mount Vernon Liquid Assets Portfolio, LLC, 4.45% <sup>(c)</sup> | 3630834 | 3630834 |
| **Money Market Funds - 0.3%** | **Shares** |  |
| First American Government Obligations Fund - Class X, 4.23% <sup>(c)</sup> | 85478 | 85478 |
| **TOTAL SHORT-TERM INVESTMENTS (Cost $3,716,312)** |  | 3716312 |
| **TOTAL INVESTMENTS - 114.6% (Cost $21,955,555)** |  | 28342969 |
| Liabilities in Excess of Other Assets - (14.6)% |  | (3621197) |
| **TOTAL NET ASSETS - 100.0%** |  | $24721772 |

---

Percentages are stated as a percent of net assets

ADR - American Depositary Receipt

PLC - Public Limited Company

(a) Non-income producing security.

(b) All or a portion of this security is on loan as of May 31, 2025. The fair value of these securities was $3,442,157 which represented 13.9% of net assets.

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

**Summary of Fair Value Disclosure as of May 31, 2025 (Unaudited)**

SoFi Social 50 ETF (the "Fund") 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 May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $24357825 | $— | $— | $24357825 |
| &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts - Common | 268832 |  |  | 268832 |
| &nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending<sup>(a)</sup> |  |  |  | 3630834 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 85478 |  |  | 85478 |
| Total Investments | $24712135 | $— | $— | $28342969 |

---

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

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount of $3,630,834 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

## 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:** Sofi Social 50 ETF

- **b. EDGAR series identifier (if any):** S000065095

- **c. LEI of Series:** 549300DU1KZRYDIOFM66

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-05-31

**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:** $28358511.93

**Total Liabilities:** $3636844.99

**Net Assets:** $24721666.94

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000210799 | -8.24%               | 4.08%                | 10.21%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-160000.58              | $-1840810.97                               |
| Month 2  | $-299845.72              | $1262224.15                                |
| Month 3  | $762352.25               | $1541174.49                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Advanced Micro Devices Inc                | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      8163 | NS      | $903888.99    | 3.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Airbnb Inc                                | Airbnb Inc                                 | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |       892 | NS      | $115068.00    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Alibaba Group Holding Ltd                 | Alibaba Group Holding Ltd                  | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |      1778 | NS      | $202407.52    | 0.82%             |  |  |  | No            | 1                  | On Loan: —       |
| Alphabet Inc                              | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      6665 | NS      | $1144647.10   | 4.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Amazon.com Inc                            | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      5976 | NS      | $1225139.76   | 4.96%             |  |  |  | No            | 1                  | On Loan: No      |
| AMC Entertainment Holdings Inc            | AMC Entertainment Holdings Inc             | CUSIP: 00165C302<br>LEI: 549300ZO77UNR6NRBR11 | Long             | EC               | CORP              | US        |     27468 | NS      | $97786.08     | 0.40%             |  |  |  | No            | 1                  | On Loan: —       |
| American Airlines Group Inc               | American Airlines Group Inc                | CUSIP: 02376R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8714 | NS      | $99426.74     | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Apple Inc                                 | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      4983 | NS      | $1000835.55   | 4.05%             |  |  |  | No            | 1                  | On Loan: No      |
| ARM Holdings PLC                          | ARM Holdings PLC                           | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Long             | EC               | CORP              | GB        |      2431 | NS      | $302756.74    | 1.22%             |  |  |  | No            | 1                  | On Loan: —       |
| AT&T Inc                                  | AT&T Inc                                   | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      8379 | NS      | $232936.20    | 0.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Berkshire Hathaway Inc                    | Berkshire Hathaway Inc                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      2113 | NS      | $1064867.48   | 4.31%             |  |  |  | No            | 1                  | On Loan: —       |
| Block Inc                                 | Block Inc                                  | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |      1693 | NS      | $104542.75    | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Boeing Co/The                             | Boeing Co/The                              | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |       993 | NS      | $205868.76    | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| Broadcom Inc                              | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      2101 | NS      | $508589.07    | 2.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Carnival Corp                             | Carnival Corp                              | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | US        |      6838 | NS      | $158778.36    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Coca-Cola Co/The                          | Coca-Cola Co/The                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      2877 | NS      | $207431.70    | 0.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Coinbase Global Inc                       | Coinbase Global Inc                        | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |      1702 | NS      | $419747.24    | 1.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Costco Wholesale Corp                     | Costco Wholesale Corp                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       883 | NS      | $918478.94    | 3.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Delta Air Lines Inc                       | Delta Air Lines Inc                        | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |      2286 | NS      | $110619.54    | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| DraftKings Inc                            | DraftKings Inc                             | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |      3132 | NS      | $112376.16    | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Exxon Mobil Corp                          | Exxon Mobil Corp                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      1959 | NS      | $200405.70    | 0.81%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Government Obli            | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |     85478 | NS      | $85478.20     | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Ford Motor Co                             | Ford Motor Co                              | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |     22593 | NS      | $234515.34    | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| GameStop Corp                             | GameStop Corp                              | CUSIP: 36467W109<br>LEI: 549300505KLOET039L77 | Long             | EC               | CORP              | US        |     14100 | NS      | $420180.00    | 1.70%             |  |  |  | No            | 1                  | On Loan: —       |
| Intel Corp                                | Intel Corp                                 | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     13406 | NS      | $262087.30    | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Johnson & Johnson                         | Johnson & Johnson                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |       660 | NS      | $102438.60    | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Lucid Group Inc                           | Lucid Group Inc                            | CUSIP: 549498103<br>LEI: 529900MRL9Z13ZCRVD74 | Long             | EC               | CORP              | US        |     63364 | NS      | $141301.72    | 0.57%             |  |  |  | No            | 1                  | On Loan: —       |
| Maplebear Inc                             | Maplebear Inc                              | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1253 | NS      | $57224.51     | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Meta Platforms Inc                        | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      1857 | NS      | $1202388.93   | 4.86%             |  |  |  | No            | 1                  | On Loan: No      |
| Microsoft Corp                            | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      2545 | NS      | $1171616.20   | 4.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   3630834 | NS      | $3630833.50   | 14.69%            |  |  |  | No            | N/A                | On Loan: No      |
| Netflix Inc                               | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       379 | NS      | $457540.17    | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| NIKE Inc                                  | NIKE Inc                                   | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      3102 | NS      | $187950.18    | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| NIO Inc                                   | NIO Inc                                    | CUSIP: 62914V106<br>LEI: 549300JBU4TV5OCKJV96 | Long             | EC               | CORP              | CN        |     45827 | NS      | $162227.58    | 0.66%             |  |  |  | No            | 1                  | On Loan: —       |
| NU Holdings Ltd/Cayman Islands            | NU Holdings Ltd/Cayman Islands             | CUSIP: N/A<br>LEI: 5493002DG1RHWK9W2X27       | Long             | EC               | CORP              | BR        |     30007 | NS      | $360384.07    | 1.46%             |  |  |  | No            | 1                  | On Loan: No      |
| NVIDIA Corp                               | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     19426 | NS      | $2625035.38   | 10.62%            |  |  |  | No            | 1                  | On Loan: No      |
| Palantir Technologies Inc                 | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      8938 | NS      | $1177849.64   | 4.76%             |  |  |  | No            | 1                  | On Loan: No      |
| PayPal Holdings Inc                       | PayPal Holdings Inc                        | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      3037 | NS      | $213440.36    | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| Pfizer Inc                                | Pfizer Inc                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |      9950 | NS      | $233725.50    | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Realty Income Corp                        | Realty Income Corp                         | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |      4748 | NS      | $268831.76    | 1.09%             |  |  |  | No            | 1                  | On Loan: —       |
| Reddit Inc                                | Reddit Inc                                 | CUSIP: 75734B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2299 | NS      | $258292.65    | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Rivian Automotive Inc                     | Rivian Automotive Inc                      | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Long             | EC               | CORP              | US        |     54463 | NS      | $791347.39    | 3.20%             |  |  |  | No            | 1                  | On Loan: —       |
| Shopify Inc                               | Shopify Inc                                | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |      2695 | NS      | $288957.90    | 1.17%             |  |  |  | No            | 1                  | On Loan: —       |
| SoundHound AI Inc                         | SoundHound AI Inc                          | CUSIP: 836100107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17015 | NS      | $172021.65    | 0.70%             |  |  |  | No            | 1                  | On Loan: —       |
| Starbucks Corp                            | Starbucks Corp                             | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      1173 | NS      | $98473.35     | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Target Corp                               | Target Corp                                | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      1300 | NS      | $122213.00    | 0.49%             |  |  |  | No            | 1                  | On Loan: —       |
| Tesla Inc                                 | Tesla Inc                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      7981 | NS      | $2765097.26   | 11.18%            |  |  |  | No            | 1                  | On Loan: No      |
| Tilray Brands Inc                         | Tilray Brands Inc                          | CUSIP: 88688T100<br>LEI: 549300Y4V60733TO1478 | Long             | EC               | CORP              | CA        |     56039 | NS      | $23855.80     | 0.10%             |  |  |  | No            | 1                  | On Loan: —       |
| TSMC                                      | Taiwan Semiconductor Manufacturing Co Ltd  | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      2596 | NS      | $501858.72    | 2.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Verizon Communications Inc                | Verizon Communications Inc                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      3529 | NS      | $155134.84    | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Walmart Inc                               | Walmart Inc                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      4148 | NS      | $409490.56    | 1.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Walt Disney Co/The                        | Walt Disney Co/The                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      3756 | NS      | $424578.24    | 1.72%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

**Name of Applicant:** Tidal Trust I

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer