# EDGAR Filing Document

**Accession Number:** 0001771146
**File Stem:** 0001752724-23-040976
**Filing Date:** 2023-2
**Character Count:** 31867
**Document Hash:** e5d90ee32c199905c5384d6cf3e48457
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-040976.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-040976

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Opportunities Trust
- **CENTRAL INDEX KEY:** 0001771146
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23439
- **FILM NUMBER:** 23670721

**BUSINESS ADDRESS:**
- **STREET 1:** 8370 STONY POINT PARKWAY, SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235
- **BUSINESS PHONE:** 804-267-7400

**MAIL ADDRESS:**
- **STREET 1:** 8370 STONY POINT PARKWAY, SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235

## Series and Classes Contracts Data

### Formidable ETF (Series ID: S000071248)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000226143 | Formidable ETF | FORH            |

## Nport-Ex

**1**

QUARTERLY REPORT

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Fair Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; **84.82%** | **COMMON STOCKS** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **8.86%** | **COMMUNICATIONS SERVICES** |  |  |
|  | Activision Blizzard, Inc.  | 16182 | $1238732 <br>|
|  | Radius Global Infrastructure, Inc. <sup>(A)</sup>  | 38484 | 454881 |
|  | Spok Holdings, Inc.  | 53238 | 436019 |
|  | Tegna, Inc.  | 20872 | 442278 |
|  |  |  | 2571910 |
| &nbsp;&nbsp;&nbsp;&nbsp; **4.00%** | **CONSUMER DISCRETIONARY** |  |  |
|  | PetMed Express, Inc.  | 44316 | 784393 |
|  | RCI Hospitality Holdings, Inc.  | 4050 | 377420 |
|  |  |  | 1161813 |
| &nbsp;&nbsp;&nbsp;&nbsp; **9.08%** | **CONSUMER STAPLES** |  |  |
|  | Altria Group, Inc.  | 30375 | 1388441 |
|  | British American Tobacco PLC  | 31193 | 1247096 |
|  |  |  | 2635537 |
| &nbsp;&nbsp;&nbsp;&nbsp; **9.51%** | **ENERGY** |  |  |
|  | Energy Transfer LP  | 61607 | 731275 |
|  | Pioneer Natural Resources Co.  | 3660 | 835907 |
|  | Sitio Royalties Corp. <sup>(A)</sup>  | 20038 | 578109 |
|  | The Williams Cos., Inc.  | 18675 | 614408 |
|  |  |  | 2759699 |
| &nbsp;&nbsp;&nbsp;&nbsp; **2.53%** | **FINANCIAL** |  |  |
|  | Genworth Financial, Inc. <sup>(A)</sup>  | 138658 | 733501 |
| &nbsp;&nbsp;&nbsp;&nbsp; **8.05%** | **HEALTH CARE** |  |  |
|  | BioAtla, Inc. <sup>(A)</sup>  | 34355 | 283429 |
|  | CytomX Therapeutics, Inc. <sup>(A)</sup>  | 345905 | 553448 |
|  | F-Star Therapeutics, Inc. <sup>(A)</sup>  | 55400 | 350128 |
|  | Mereo BioPharma Group PLC <sup>(A)</sup>  | 313128 | 234846 |
|  | Royalty Pharma PLC  | 23206 | 917101 |
|  |  |  | 2338952 |
| &nbsp;&nbsp;&nbsp;&nbsp; **14.36%** | **INDUSTRIAL** |  |  |
|  | Acacia Research Corp. <sup>(A)</sup>  | 482078 | 2029548 |
|  | Flux Power Holdings, Inc. <sup>(A)</sup>  | 436443 | 1732679 |
|  | Grupo Aeroportuario del Centro  | 1743 | 406102 |
|  |  |  | 4168329 |
| &nbsp;&nbsp;&nbsp;&nbsp; **1.71%** | **INFORMATION TECHNOLOGY** |  |  |
|  | Silicon Motion Technology Corp.  | 7617 | 495029 |

---

**FORMIDABLE ETF**

**Schedule of Investments** **December 31, 2022 (Unaudited)**

**2**

QUARTERLY REPORT

**FORMIDABLE ETF**

**Schedule of Investments - continued** **December 31, 2022 (Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Fair Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; **15.68%** | **MATERIALS** |  |  |
|  | Lithium Americas Corp. <sup>(A)</sup>  | 51171 | $969690 <br>|
|  | Newmont Corp.  | 13294 | 627477 |
|  | Rio Tinto PLC  | 6409 | 456321 |
|  | SilverCrest Metals, Inc. <sup>(A)</sup>  | 130924 | 785544 |
|  | Wheaton Precious Metals Corp.  | 29174 | 1140120 |
|  | Yamana Gold, Inc.  | 103086 | 572127 |
|  |  |  | 4551279 |
| &nbsp;&nbsp;&nbsp;&nbsp; **6.08%** | **REAL ESTATE** |  |  |
|  | American Tower Corp.  | 2007 | 425203 |
|  | Iron Mountain, Inc.  | 14309 | 713304 |
|  | Sun Communities, Inc.  | 4390 | 627770 |
|  |  |  | 1766277 |
| &nbsp;&nbsp;&nbsp;&nbsp; **4.96%** | **UTILITIES** |  |  |
|  | Algonquin Power & Utilties Corp.  | 85154 | 555204 |
|  | Brookfield Infrastructure Partners LLP  | 28577 | 885601 |
|  |  |  | 1440805 |
| &nbsp;&nbsp;&nbsp;&nbsp; **84.82%** | **TOTAL COMMON STOCKS**  | **TOTAL COMMON STOCKS**  | 24623131 |
| &nbsp;&nbsp;&nbsp;&nbsp; **0.45%** | **PURCHASED OPTIONS** |  |  |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **PUT OPTIONS PURCHASED** | **PUT OPTIONS PURCHASED** | **PUT OPTIONS PURCHASED** | **PUT OPTIONS PURCHASED** | **PUT OPTIONS PURCHASED** | **PUT OPTIONS PURCHASED** |
|  | **Description** | **Number<br>of<br>Contracts** | **Notional<br>Amount** | **Exercise<br>Price** | **Expiration<br>Date** | **<br>Value** |
|  | iShares iBOXX High Yield Corporate Bond ETF  | 1000 | 7363000 | 72.00 | 1/19/2023 | 33000 |
|  | iShares iBOXX High Yield Corporate Bond ETF  | 1000 | 7363000 | 73.00 | 1/19/2023 | 62000 |
|  | iShares iBOXX High Yield Corporate Bond ETF  | 400 | 2945200 | 72.00 | 12/29/2022 | 1200 |
|  | iShares iBOXX High Yield Corporate Bond ETF  | 290 | 2135270 | 73.00 | 12/29/2022 | 290 |
|  | iShares Russell 2000 ETF  | 600 | 10461600 | 162.00 | 1/19/2023 | 36000 |
| &nbsp;&nbsp;&nbsp;&nbsp; **0.45%** | **TOTAL PURCHASED OPTIONS**  | **TOTAL PURCHASED OPTIONS**  | **TOTAL PURCHASED OPTIONS**  | **TOTAL PURCHASED OPTIONS**  | **TOTAL PURCHASED OPTIONS**  | 132490 |
| &nbsp;&nbsp;&nbsp;&nbsp; **85.27%** | **TOTAL INVESTMENTS**  | **TOTAL INVESTMENTS**  | **TOTAL INVESTMENTS**  | **TOTAL INVESTMENTS**  | **TOTAL INVESTMENTS**  | 24755621 |
| &nbsp;&nbsp;&nbsp;&nbsp; **14.73%** | Other assets, net of liabilities  | Other assets, net of liabilities  | Other assets, net of liabilities  | Other assets, net of liabilities  | Other assets, net of liabilities  | 4275261 |
| &nbsp;&nbsp;&nbsp;&nbsp; **100.00%** | **NET ASSETS**  | **NET ASSETS**  | **NET ASSETS**  | **NET ASSETS**  | **NET ASSETS**  | **$** **29030882** <br>|

---

\*Non-income producing

**3**

QUARTERLY REPORT

**FORMIDABLE ETF**

**Schedule of Investments - continued** **December 31, 2022 (Unaudited)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; **-0.38%** | **OPTIONS WRITTEN** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **-0.38%** | **CALL OPTIONS** |  |  |  |  |  |
|  | **Description** | **Number<br>of<br>Contracts** | **Notional<br>Amount** | **Exercise<br>Price** | **Expiration<br>Date** | **<br>Value** |
|  | American Tower, REIT  | 5 | (105930) | 250.00 | 1/19/2023 | $(35 ) |
|  | Activision Blizzard, Inc.  | 25 | (191375) | 90.00 | 1/19/2023 | (125) |
|  | BioAtla, Inc.  | 155 | (127875) | 12.50 | 1/19/2023 | (3100) |
|  | CytomX Therapeutics, Inc.  | 500 | (80000) | 2.50 | 1/19/2023 | (2500) |
|  | CytomX Therapeutics, Inc.  | 600 | (96000) | 2.50 | 2/16/2023 | (4800) |
|  | Energy Transfer LP  | 200 | (237400) | 13.00 | 1/19/2023 | (600) |
|  | Flux Power Holdings, Inc.  | 575 | (228275) | 5.00 | 1/19/2023 | (11500) |
|  | F-Star Therapeutics, Inc.  | 554 | (350128) | 5.00 | 1/19/2023 | (72020) |
|  | Lithium Americas Corp.  | 175 | (331625) | 30.00 | 1/19/2023 | (175) |
|  | Mereo BioPharma <br>Group PLC\*  | 517 | (38775) | 2.50 | 1/19/2023 | (2585) |
|  | Newmont Corp.  | 40 | (188800) | 55.00 | 1/19/2023 | (400) |
|  | Pioneer Natural <br>Resources Co.  | 10 | (228390) | 275.00 | 1/19/2023 | (1500) |
|  | Radius Globa <br>Infracture, Inc.  | 100 | (118200) | 15.00 | 1/19/2023 | (1500) |
|  | RCI Hospitality Holdings  | 15 | (139785) | 100.00 | 1/19/2023 | (1875) |
|  | RCI Hospitality Holdings  | 22 | (205018) | 105.00 | 2/16/2023 | (4400) |
|  | SilverCrest Metals, Inc.\*  | 350 | (210000) | 7.50 | 1/19/2023 | (1750) |
|  | Silicon Motion Technology  | 25 | (162475) | 85.00 | 1/19/2023 | (250) |
| &nbsp;&nbsp;&nbsp;&nbsp; **-0.38%** | **TOTAL CALL OPTIONS WRITTEN**  | **TOTAL CALL OPTIONS WRITTEN**  | **TOTAL CALL OPTIONS WRITTEN**  | **TOTAL CALL OPTIONS WRITTEN**  | **TOTAL CALL OPTIONS WRITTEN**  | (109115) |
| &nbsp;&nbsp;&nbsp;&nbsp; **-0.02%** | **PUT OPTIONS** | 500 | (8718000) | 150.00 | 1/19/2023 | (6000) |
|  | iShares Russell 2000 ETF  | iShares Russell 2000 ETF  | iShares Russell 2000 ETF  | iShares Russell 2000 ETF  | iShares Russell 2000 ETF  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **-0.40%** | **TOTAL OPTIONS WRITTEN**  | **TOTAL OPTIONS WRITTEN**  | **TOTAL OPTIONS WRITTEN**  | **TOTAL OPTIONS WRITTEN**  | **TOTAL OPTIONS WRITTEN**  | (115115) |

---

**4**

QUARTERLY REPORT

**FORMIDABLE ETF**

**Schedule of Investments - continued** **December 31, 2022 (Unaudited)**

In accordance with U.S. GAAP, "fair value" is defined as the price that a Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. Various inputs are used in determining the value of a Fund's investments. U.S. GAAP established a three-tier hierarchy of inputs to establish a classification of fair value measurements for disclosure purposes. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used to value the Fund's investments as of June 30, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** |  |
|  | **Quoted Prices** | **Other<br>Significant<br>Observable<br>Inputs** | **Significant<br>Unobservable<br>Inputs** | **Total** |
|  Common Stocks  | $24623131 <br>| $— <br>| $— <br>| $24623131 <br>|
|  Options Purchased  |  | 132490 |  | 132490 |
|  Total Investments  | $24623131 <br>| $132490 <br>| $— <br>| $24755621 <br>|
|  Options Written  | $— <br>| $(115115 ) | $— <br>| $(115115 ) |

---

The Fund held no Level 3 securities at any time during the period.

There were no transfers into or out of Levels 1 and 2 during the period ended December 31, 2022.

At December 31, 2022 the cost of investments for Federal income tax purposes has been estimated since the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income tax purpose is $26,671,603 and the related tax-based net unrealized appreciation (depreciation) consists of:

---

| | |
|:---|:---|
|  Gross unrealized appreciation  | $1237081 <br>|
|  Gross unrealized depreciation  | (3268178) |
|  Net unrealized appreciation  | $(2031097 ) |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ETF Opportunities Trust

- **b. Investment Company Act file number:** 811-23439

- **c. CIK number of Registrant:** 0001771146

- **d. LEI of Registrant:** 549300FWST5041130Z58

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

  - **Street Address 1:** 8730 Stony Point Parkway

  - **City:** Richmond

  - **State:** VA

  - **Foreign country:** US

  - **Zip / Postal Code:** 23235

  - **Telephone number:** 804-267-7400

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

- **a. Name of Series:** Formidable ETF

- **b. EDGAR series identifier (if any):** S000071248

- **c. LEI of Series:** 549300ZI1GRRTDXF6G90

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

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $29329442.03

**Total Liabilities:** $298560.13

**Net Assets:** $29030881.90

**Cash Not Reported:** $3911290.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000226143 | 3.48%                | 6.27%                | -4.31%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $97994.29                | $1437837.95                                |
| Month 2  | $67079.13                | $1781962.43                                |
| Month 3  | $-344384.38              | $-1007782.67                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| RCI HOSPITALITY HOLDINGS, INC.                  | RCI HOSPITALITY HOLDINGS INC              | CUSIP: 74934Q108<br>LEI: 529900COXP1MLE1UKG69 | Long             | EC               | CORP              | US        |      4050 | NS      | $377419.50    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORPORATION                             | NEWMONT GOLDCORP CORP                     | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     13294 | NS      | $627476.80    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Mereo Biopharma Group PLC                       | MEREO BIOPHARMA GROUP PLC CALL OPTION     | CUSIP: N/A<br>LEI: 213800U8JQHIJOS5AS09       | N/A              | DE               |  | GB        |      -517 | NC      | $-2585.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORPORATION                      | AMERICAN TOWER CORP REIT                  | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      2007 | NS      | $425203.02    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| PETMED EXPRESS, INC.                            | PETMED EXPRESS INC                        | CUSIP: 716382106<br>LEI: 529900PGHW5ASJ1AZL48 | Long             | EC               | CORP              | US        |     44316 | NS      | $784393.20    | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                              | ENERGY TRANSFER LP CALL OPTION            | CUSIP: N/A<br>LEI: MTLVN9N7JE8MIBIJ1H73       | N/A              | DE               |  | US        |      -200 | NC      | $-600.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| iShares Russell 2000 ETF                        | ISHARES RUSSELL 2000 ETF PUT OPTION       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       600 | NC      | $36000.00     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORPORATION                      | AMERICAN TOWER CORP CALL OPTION           | CUSIP: N/A<br>LEI: 5493006ORUSIL88JOE18       | N/A              | DE               |  | US        |        -5 | NC      | $-35.00       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RIO TINTO PLC                                   | RIO TINTO PLC SPON ADR                    | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             |  | CORP              | GB        |      6409 | NS      | $456320.80    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| STR SUB INC.                                    | SITIO ROYALTIES CORP A                    | CUSIP: 82983N108<br>LEI: 549300OILIONON7XK623 | Long             | EC               | CORP              | US        |     20038 | NS      | $578109.05    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INCORPORATED                      | IRON MOUNTAIN INC                         | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     14309 | NS      | $713303.65    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SILICON MOTION TECHNOLOGY CORPORATION           | SILICON MOTION TECHNOLOGY CALL OPTION     | CUSIP: N/A<br>LEI: 5299005RBVBZQJTYFC89       | N/A              | DE               |  | KY        |       -25 | NC      | $-250.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Silvercrest Metals Inc                          | SILVERCREST METALS INC CALL OPTION        | CUSIP: N/A<br>LEI: 549300M4CUMXUHSXYQ10       | N/A              | DE               |  | CA        |      -350 | NC      | $-1750.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FLUX POWER HOLDINGS, INC.                       | FLUX POWER HOLDINGS INC                   | CUSIP: 344057302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    436443 | NS      | $1732678.71   | 5.97%             |  |  |  | No            |                  1 | On Loan: No      |
| F-Star Therapeutics Inc                         | F STAR THERAPEUTICS INC CALL OPTION       | CUSIP: N/A<br>LEI: 5493003TRY5HK3M6WH76       | N/A              | DE               |  | US        |      -554 | NC      | $-72020.00    | -0.25%            |  |  |  | No            |                  2 | On Loan: No      |
| Mereo Biopharma Group PLC                       | MEREO BIOPHARMA GROUP PLC                 | CUSIP: 589492107<br>LEI: 213800U8JQHIJOS5AS09 | Long             |  | CORP              | GB        |    313128 | NS      | $234846.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| PIONEER NATURAL RESOURCES COMPANY               | PIONEER NATURAL RESOURCES CO              | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |      3660 | NS      | $835907.40    | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| RCI HOSPITALITY HOLDINGS, INC.                  | RCI HOSPITALITY HOLDINGS INC CALL OPTION  | CUSIP: N/A<br>LEI: 529900COXP1MLE1UKG69       | N/A              | DE               |  | US        |       -15 | NC      | $-1875.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                              | ALTRIA GROUP INC                          | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     30375 | NS      | $1388441.25   | 4.78%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD INFRASTRUCTURE PARTNERS L.P.         | BROOKFIELD INFRASTRUCTURE PARTNERS LP     | CUSIP: G16252101<br>LEI: 549300WEH5R2OODI7Y90 | Long             |  | CORP              | BM        |     28577 | NS      | $885601.23    | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares iBoxx $ High Yield Corporate Bond Fund  | ISHARES IBOXX HIGH YLD CORP PUT OPTION    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       400 | NC      | $1200.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SUN COMMUNITIES, INC.                           | SUN COMMUNITIES INC                       | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      4390 | NS      | $627770.00    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Sureste, S.A.B. de C.V. | GRUPO AEROPORTUARIO DEL SURESTE SAB DE CV | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             |  | CORP              | MX        |      1743 | NS      | $406101.57    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| BRITISH AMERICAN TOBACCO P.L.C.                 | BRITISH AMERICAN TOBACCO PLC              | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             |  | CORP              | GB        |     31193 | NS      | $1247096.14   | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithium Americas Corp.                          | LITHIUM AMERICAS CORP CALL OPTION         | CUSIP: N/A<br>LEI: 529900Q9ENG7EHHZ5R75       | N/A              | DE               |  | CA        |      -175 | NC      | $-175.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FLUX POWER HOLDINGS, INC.                       | FLUX POWER HOLDINGS INC CALL OPTION       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -575 | NC      | $-11500.00    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| ACTIVISION BLIZZARD, INC.                       | ACTIVISION BLIZZARD INC CALL OPTION       | CUSIP: N/A<br>LEI: 549300TPQQDBP9GNOF40       | N/A              | DE               |  | US        |       -25 | NC      | $-125.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| YAMANA GOLD INC.                                | YAMANA GOLD INC                           | CUSIP: 98462Y100<br>LEI: 54930002VY22NXG01418 | Long             | EC               | CORP              | CA        |    103086 | NS      | $572127.30    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                              | ENERGY TRANSFER LP                        | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             |  | CORP              | US        |     61607 | NS      | $731275.09    | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| SILICON MOTION TECHNOLOGY CORPORATION           | SILICON MOTION TECHNOLOGY CORP            | CUSIP: 82706C108<br>LEI: 5299005RBVBZQJTYFC89 | Long             |  | CORP              | KY        |      7617 | NS      | $495028.83    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| GENWORTH FINANCIAL, INC.                        | GENWORTH FINANCIAL INC CL A               | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |    138658 | NS      | $733500.82    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORPORATION                             | NEWMONT MINING CORP CALL OPTION           | CUSIP: N/A<br>LEI: 549300VSP3RIX7FGDZ51       | N/A              | DE               |  | US        |       -40 | NC      | $-400.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ALGONQUIN POWER & UTILITIES CORP.               | ALGONQUIN POWER UTILITIES CORP            | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |     85154 | NS      | $555204.08    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ACACIA RESEARCH CORPORATION                     | ACACIA RESEARCH CORP                      | CUSIP: 003881307<br>LEI: 529900BCN7BE6ESPDZ72 | Long             | EC               | CORP              | US        |    482078 | NS      | $2029548.38   | 6.99%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Russell 2000 ETF                        | ISHARES RUSSELL 2000 ETF PUT OPTION       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -500 | NC      | $-6000.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| RADIUS GLOBAL INFRASTRUCTURE, INC.              | RADIUS GLOBAL INFRASTRUCTURE INC          | CUSIP: 750481103<br>LEI: 213800NT341MQ5USBX63 | Long             | EC               | CORP              | US        |     38484 | NS      | $454880.88    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CytomX Therapeutics Inc                         | CYTOMX THERAPEUTICS INC                   | CUSIP: 23284F105<br>LEI: 5493004VW2FW0QLL3345 | Long             | EC               | CORP              | US        |    345905 | NS      | $553448.00    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYALTY PHARMA PLC                              | ROYALTY PHARMA PLC                        | CUSIP: G7709Q104<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | GB        |     23206 | NS      | $917101.12    | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ACTIVISION BLIZZARD, INC.                       | ACTIVISION BLIZZARD INC                   | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |     16182 | NS      | $1238732.10   | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares iBoxx $ High Yield Corporate Bond Fund  | ISHARES IBOXX HIGH YLD CORP PUT OPTION    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       290 | NC      | $290.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Lithium Americas Corp.                          | LITHIUM AMERICAS CORP                     | CUSIP: 53680Q207<br>LEI: 529900Q9ENG7EHHZ5R75 | Long             | EC               | CORP              | CA        |     51171 | NS      | $969690.45    | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA INC.                                      | TEGNA INC                                 | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |     20872 | NS      | $442277.68    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Bioatla Inc                                     | BIOATLA INC                               | CUSIP: 09077B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34355 | NS      | $283428.75    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares iBoxx $ High Yield Corporate Bond Fund  | ISHARES IBOXX HIGH YLD CORP PUT OPTION    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1000 | NC      | $62000.00     | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                    | WILLIAMS COS INC                          | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     18675 | NS      | $614407.50    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corp.                   | WHEATON PRECIOUS METALS CORP              | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |     29174 | NS      | $1140119.92   | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| F-Star Therapeutics Inc                         | F STAR THERAPEUTICS INC                   | CUSIP: 30315R107<br>LEI: 5493003TRY5HK3M6WH76 | Long             | EC               | CORP              | US        |     55400 | NS      | $350128.00    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares iBoxx $ High Yield Corporate Bond Fund  | ISHARES IBOXX HIGH YLD CORP PUT OPTION    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1000 | NC      | $33000.00     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| RCI HOSPITALITY HOLDINGS, INC.                  | RCI HOSPITALITY HOLDINGS INC CALL OPTION  | CUSIP: N/A<br>LEI: 529900COXP1MLE1UKG69       | N/A              | DE               |  | US        |       -22 | NC      | $-4400.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| CytomX Therapeutics Inc                         | CYTOMX THERAPEUTICS INC CALL OPTION       | CUSIP: N/A<br>LEI: 5493004VW2FW0QLL3345       | N/A              | DE               |  | US        |      -500 | NC      | $-2500.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CytomX Therapeutics Inc                         | CYTOMX THERAPEUTICS INC CALL OPTION       | CUSIP: N/A<br>LEI: 5493004VW2FW0QLL3345       | N/A              | DE               |  | US        |      -600 | NC      | $-4800.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCES COMPANY               | PIONEER NATURAL RESOURCES CO CALL OPTION  | CUSIP: N/A<br>LEI: FY8JBF7CCL2VE4F1B628       | N/A              | DE               |  | US        |       -10 | NC      | $-1500.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| SPOK HOLDINGS, INC.                             | SPOK HOLDINGS INC                         | CUSIP: 84863T106<br>LEI: 549300HXXANIVN2ICC89 | Long             | EC               | CORP              | US        |     53238 | NS      | $436019.22    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIUS GLOBAL INFRASTRUCTURE, INC.              | RADIUS GLOBAL INFRASTRUCTU A CALL OPTION  | CUSIP: N/A<br>LEI: 213800NT341MQ5USBX63       | N/A              | DE               |  | US        |      -100 | NC      | $-1500.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Silvercrest Metals Inc                          | SILVERCREST METALS INC                    | CUSIP: 828363101<br>LEI: 549300M4CUMXUHSXYQ10 | Long             | EC               | CORP              | CA        |    130924 | NS      | $785544.00    | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Bioatla Inc                                     | BIOATLA INC CALL OPTION                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -155 | NC      | $-3100.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** ETF Opportunities Trust

**Signature:** Karen Shupe

**Name of Signer:** Karen Shupe

**Title:** Treasurer