# EDGAR Filing Document

**Accession Number:** 0001771146
**File Stem:** 0001004726-26-000409
**Filing Date:** 2026-1
**Character Count:** 17016
**Document Hash:** a959c8509100705ab9f76957313c2b4a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-000409.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001004726-26-000409

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Opportunities Trust
- **CENTRAL INDEX KEY:** 0001771146

**ORGANIZATION NAME:**
- **EIN:** 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:** 26563003

**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

### Brendan Wood TopGun ETF (Series ID: S000082334)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000245636 | Brendan Wood TopGun ETF | BWTG            |

## Nport-Ex

**1**

QUARTERLY REPORT

**BRENDAN WOOD TOPGUN ETF**

**Schedule of Investments** **November 30, 2025 (unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value** |
| **98.67%** | **COMMON STOCKS** |  |  |
| **10.93%** | **COMMUNICATION SERVICES** |  |  |
|  | Alphabet, Inc. Class C  | 3161 | $1011899<br>|
|  | Meta Platforms, Inc.  | 565 | 366092 |
|  | T-Mobile US, Inc.  | 2746 | 573941 |
|  |  |  | 1951932 |
| **6.64%** | **CONSUMER DISCRETIONARY** |  |  |
|  | Amazon.com, Inc.<sup>(A)</sup>  | 2711 | 632259 |
|  | Home Depot, Inc.  | 1547 | 552155 |
|  |  |  | 1184414 |
| **3.34%** | **CONSUMER STAPLES** |  |  |
|  | Costco Wholesale Corp.  | 652 | 595661 |
| **23.29%** | **FINANCIALS**  |  |  |
|  | Brookfield Corp. ADR  | 15740 | 739780 |
|  | JPMorgan Chase & Co.  | 2538 | 794597 |
|  | Mastercard, Inc. Class A  | 1145 | 630357 |
|  | Morgan Stanley  | 3400 | 576844 |
|  | Royal Bank of Canada ADR  | 5040 | 776614 |
|  | Visa, Inc. Class A  | 1911 | 639115 |
|  |  |  | 4157307 |
| **9.03%** | **HEALTH CARE** |  |  |
|  | Danaher Corp.  | 2621 | 594390 |
|  | HCA Healthcare, Inc.  | 2002 | 1017597 |
|  |  |  | 1611987 |
| **14.98%** | **INDUSTRIALS** |  |  |
|  | Canadian Pacific Kansas City <br>Southern ADR  | 8174 | 593187 |
|  | Parker-Hannifin Corp.  | 951 | 819477 |
|  | Transdigm Group, Inc.  | 470 | 639280 |
|  | Waste Connections, Inc. ADR  | 3528 | 622868 |
|  |  |  | 2674812 |

---

**2**

QUARTERLY REPORT

**BRENDAN WOOD TOPGUN ETF**

**Schedule of Investments - continued** **November 30, 2025 (unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value** |
| **13.88%** | **INFORMATION TECHNOLOGY - HARDWARE** | **INFORMATION TECHNOLOGY - HARDWARE** |  |
|  | Broadcom, Inc.  | 2310 | $930838<br>|
|  | Nvidia Corp.  | 4369 | 773313 |
|  | Taiwan Semiconductor Manufacturing Co. Ltd. ADR  | 2654 | 773668 |
|  |  |  | 2477819 |
| **3.97%** | **INFORMATION TECHNOLOGY - SOFTWARE & SERVICES** | **INFORMATION TECHNOLOGY - SOFTWARE & SERVICES** | **INFORMATION TECHNOLOGY - SOFTWARE & SERVICES** |
|  | Microsoft Corp.  | 1440 | 708494 |
| **12.61%** | **REAL ESTATE** |  |  |
|  | AvalonBay Communities, Inc. REIT  | 2755 | 501245 |
|  | Prologis, Inc. REIT  | 5743 | 738148 |
|  | Welltower, Inc. REIT  | 4861 | 1012157 |
|  |  |  | 2251550 |
| **98.67%** | **TOTAL COMMON STOCKS** |  |  |
|  | (Cost: $13,904,298)  | (Cost: $13,904,298)  | 17613976 |
| **98.67%** | **TOTAL INVESTMENTS** |  |  |
|  | (Cost: $13,904,298)  | (Cost: $13,904,298)  | 17613976 |
| **1.33%** | Other assets, net of liabilities  | Other assets, net of liabilities  | 238102 |
| **100.00%** | **NET ASSETS**  | **NET ASSETS**  | **$** **17852078**<br>|

---

<sup>(A)</sup>Non-income producing

ADR - Security represented is held by the custodian in the form of American Depositary Receipts.

REIT - Real Estate Investment Trust.

**See Notes to Schedule** **of Investments.**

**3**

QUARTERLY REPORT

**BRENDAN WOOD TOPGUN ETF**

**Fair Value** **November 30, 2025 (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 summarizes the inputs used to value the Fund's investments as of November 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** |  |
|  | **Quoted Prices** | **Other<br>Significant<br>Observable Inputs** | **Significant<br>Unobservable Inputs** | **Total** |
|  COMMON STOCKS  | $17613976<br>| $—<br>| $—<br>| $17613976<br>|
|  | $17613976<br>| $—<br>| $—<br>| $17613976<br>|

---

The cost of investments for Federal income tax purposes has been estimated as of November 30, 2025 since the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income tax purpose is $13,904,298, and the related net unrealized appreciation (depreciation) consists of:

---

| | |
|:---|:---|
|  Gross unrealized appreciation  | $3856521<br>|
|  Gross unrealized depreciation  | (146843) |
|  Net unrealized appreciation  | $3709678<br>|

---

## 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:** Brendan Wood TopGun ETF

- **b. EDGAR series identifier (if any):** S000082334

- **c. LEI of Series:** 254900WN0PA5N7HOUZ69

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $17866185.22

**Total Liabilities:** $14107.38

**Net Assets:** $17852077.84

**Cash Not Reported:** $244636.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000245636 | 2.11%                | 1.38%                | 2.73%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $302800.17                                 |
| Month 2  | $16941.19                | $225655.95                                 |
| Month 3  | $122185.55               | $355108.13                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Taiwan Semiconductor Manufacturing Co., Ltd. | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             |  | CORP              | TW        |      2654 | NS      | $773667.54    | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AVALONBAY COMMUNITIES, INC.                  | AVALONBAY COMMUNITIES INC                 | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      2755 | NS      | $501244.70    | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORPORATION                        | MICROSOFT CORP                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1440 | NS      | $708494.40    | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                         | JPMORGAN CHASE CO                         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      2538 | NS      | $794597.04    | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS, INC.                         | META PLATFORMS INC                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       565 | NS      | $366091.75    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE CONNECTIONS, INC.                      | WASTE CONNECTIONS INC                     | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |      3528 | NS      | $622868.40    | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER-HANNIFIN CORPORATION                  | PARKER HANNIFIN CORP                      | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       951 | NS      | $819476.70    | 4.59%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION                 | COSTCO WHOLESALE CORP                     | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       652 | NS      | $595660.68    | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                | ALPHABET INC                              | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      3161 | NS      | $1011899.32   | 5.67%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC.                                | BROADCOM INC                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      2310 | NS      | $930837.60    | 5.21%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US, INC.                            | T MOBILE US INC                           | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      2746 | NS      | $573941.46    | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadien Pacifique Kansas City Limitee       | CANADIAN PACIFIC KANSAS CITY LTD          | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      8174 | NS      | $593187.18    | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                             | AMAZON COM INC                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      2711 | NS      | $632259.42    | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORPORATION                          | DANAHER CORP                              | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      2621 | NS      | $594390.38    | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS, INC.                               | PROLOGIS INC                              | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |      5743 | NS      | $738147.79    | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORPORATION                           | NVIDIA CORP                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      4369 | NS      | $773313.00    | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC.                                    | VISA INC                                  | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1911 | NS      | $639114.84    | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                               | MORGAN STANLEY                            | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      3400 | NS      | $576844.00    | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| BANQUE ROYALE DU CANADA                      | ROYAL BANK OF CANADA                      | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |      5040 | NS      | $776613.60    | 4.35%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM GROUP INCORPORATED                 | TRANSDIGM GROUP INC                       | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       470 | NS      | $639279.90    | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HOME DEPOT, INC.                         | HOME DEPOT INC THE                        | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      1547 | NS      | $552155.24    | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA HEALTHCARE, INC.                         | HCA HEALTHCARE INC                        | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      2002 | NS      | $1017596.58   | 5.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corporation                       | BROOKFIELD CORP                           | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |     15740 | NS      | $739780.00    | 4.14%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC.                               | WELLTOWER INC                             | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      4861 | NS      | $1012157.42   | 5.67%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INCORPORATED.                     | MATERCARD INC CLASS A                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1145 | NS      | $630356.85    | 3.53%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** ETF Opportunities Trust

**Signature:** Karen Shupe

**Name of Signer:** Karen Shupe

**Title:** Treasurer