# EDGAR Filing Document

**Accession Number:** 0001742912
**File Stem:** 0002000324-25-004447
**Filing Date:** 2025-11
**Character Count:** 21334
**Document Hash:** 0158f3d0f3e058f6e303d6bedc962067
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-004447.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0002000324-25-004447

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**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:** 251512150

**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

### SMART Earnings Growth 30 ETF (Series ID: S000094702)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000263237 | SMART Earnings Growth 30 ETF | SGRT            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **SMART Earnings Growth 30 ETF** | **SMART Earnings Growth 30 ETF** | **SMART Earnings Growth 30 ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| &nbsp;&nbsp;&nbsp;**COMMON STOCKS - 85.7%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary Services - 0.0%<sup>(a)</sup>** |  |  |
| &nbsp;&nbsp;&nbsp;Brinker International, Inc.<sup>(b)</sup> | 6 | $760 |
| &nbsp;&nbsp;&nbsp;**Financial Services - 4.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Carlyle Group, Inc. | 2239 | 140385 |
| &nbsp;&nbsp;&nbsp;Nasdaq, Inc. | 50 | 4423 |
| &nbsp;&nbsp;&nbsp;Robinhood Markets, Inc. - Class A<sup>(b)</sup> | 44 | 6300 |
| &nbsp;&nbsp;&nbsp;SoFi Technologies, Inc.<sup>(b)</sup> | 6903 | 182377 |
| &nbsp;&nbsp;&nbsp;Toast, Inc. - Class A<sup>(b)</sup> | 8800 | 321288 |
|  |  | 654773 |
| &nbsp;&nbsp;&nbsp;**Health Care - 5.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Boston Scientific Corp.<sup>(b)</sup> | 7227 | 705572 |
| &nbsp;&nbsp;&nbsp;Exelixis, Inc.<sup>(b)</sup> | 30 | 1239 |
| &nbsp;&nbsp;&nbsp;McKesson Corp. | 6 | 4635 |
|  |  | 711446 |
| &nbsp;&nbsp;&nbsp;**Industrial Products - 8.3%** |  |  |
| &nbsp;&nbsp;&nbsp;AeroVironment, Inc.<sup>(b)</sup> | 456 | 143590 |
| &nbsp;&nbsp;&nbsp;Amphenol Corp. | 5729 | 708964 |
| &nbsp;&nbsp;&nbsp;Vertiv Holdings Co. - Class A | 2119 | 319672 |
|  |  | 1172226 |
| &nbsp;&nbsp;&nbsp;**Industrial Services - 1.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Comfort Systems USA, Inc. | 188 | 155134 |
| &nbsp;&nbsp;&nbsp;**Insurance - 0.0%<sup>(a)</sup>** |  |  |
| &nbsp;&nbsp;&nbsp;Equitable Holdings, Inc. | 20 | 1016 |
| &nbsp;&nbsp;&nbsp;**Materials - 5.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Coeur Mining, Inc.<sup>(b)</sup> | 7561 | 141844 |
| &nbsp;&nbsp;&nbsp;Newmont Corp. | 8173 | 689066 |
| &nbsp;&nbsp;&nbsp;Royal Gold, Inc. | 12 | 2407 |
|  |  | 833317 |
| &nbsp;&nbsp;&nbsp;**Media - 18.7%** |  |  |
| &nbsp;&nbsp;&nbsp;AppLovin Corp. - Class A<sup>(b)</sup> | 1985 | 1426302 |
| &nbsp;&nbsp;&nbsp;DoorDash, Inc. - Class A<sup>(b)</sup> | 4444 | 1208723 |
|  |  | 2635025 |
| &nbsp;&nbsp;&nbsp;**Oil & Gas - 5.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Cheniere Energy, Inc. | 1394 | 327562 |
| &nbsp;&nbsp;&nbsp;EQT Corp. | 7314 | 398101 |
|  |  | 725663 |
| &nbsp;&nbsp;&nbsp;**Real Estate - 0.0%<sup>(a)</sup>** |  |  |
| &nbsp;&nbsp;&nbsp;Welltower, Inc. - REIT | 28 | 4988 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Retail & Wholesale - Discretionary - 3.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Carvana Co. - Class A<sup>(b)</sup> | 1139 | $429676 |
| &nbsp;&nbsp;&nbsp;**Retail & Wholesale - Staples - 0.0%<sup>(a)</sup>** |  |  |
| &nbsp;&nbsp;&nbsp;Hims & Hers Health, Inc. - Class A<sup>(b)</sup> | 26 | 1475 |
| &nbsp;&nbsp;&nbsp;Sprouts Farmers Market, Inc.<sup>(b)</sup> | 6 | 653 |
|  |  | 2128 |
| &nbsp;&nbsp;&nbsp;**Software & Tech Services - 11.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Intuit, Inc. | 12 | 8195 |
| &nbsp;&nbsp;&nbsp;Life360, Inc.<sup>(b)</sup> | 1327 | 141060 |
| &nbsp;&nbsp;&nbsp;Palantir Technologies, Inc. - Class A<sup>(b)</sup> | 6856 | 1250672 |
| &nbsp;&nbsp;&nbsp;PTC, Inc.<sup>(b)</sup> | 770 | 156325 |
|  |  | 1556252 |
| &nbsp;&nbsp;&nbsp;**Tech Hardware & Semiconductors - 21.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Advanced Micro Devices, Inc.<sup>(b)</sup> | 7386 | 1194981 |
| &nbsp;&nbsp;&nbsp;Analog Devices, Inc. | 18 | 4423 |
| &nbsp;&nbsp;&nbsp;Broadcom, Inc. | 2171 | 716235 |
| &nbsp;&nbsp;&nbsp;KLA Corp. | 4 | 4314 |
| &nbsp;&nbsp;&nbsp;Lam Research Corp. | 5349 | 716231 |
| &nbsp;&nbsp;&nbsp;Micron Technology, Inc. | 82 | 13720 |
| &nbsp;&nbsp;&nbsp;Ubiquiti, Inc. | 650 | 429377 |
|  |  | 3079281 |
| &nbsp;&nbsp;&nbsp;**Utilities - 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;National Fuel Gas Co. | 1512 | 139663 |
| &nbsp;&nbsp;&nbsp;NiSource, Inc. | 56 | 2425 |
|  |  | 142088 |
| &nbsp;&nbsp;&nbsp;**TOTAL COMMON STOCKS (Cost $11,064,730)** |  | 12103773 |
| &nbsp;&nbsp;&nbsp;**SHORT-TERM INVESTMENTS - 13.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Money Market Funds - 13.1%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;First American Government Obligations Fund - Class X, 4.05%<sup>(c)</sup> | 1847988 | 1847988 |
| &nbsp;&nbsp;&nbsp;**TOTAL SHORT-TERM INVESTMENTS (Cost $1,847,988)** |  | 1847988 |
| &nbsp;&nbsp;&nbsp;**TOTAL INVESTMENTS - 98.8% (Cost $12,912,718)** |  | $13951761 |
| &nbsp;&nbsp;&nbsp;Other Assets in Excess of Liabilities - 1.2% |  | 175396 |
| &nbsp;&nbsp;&nbsp;**TOTAL NET ASSETS - 100.0%** |  | $14127157 |
| &nbsp;&nbsp;&nbsp;Percentages are stated as a percent of net assets. |  |  |

---

REIT Real Estate Investment Trust

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

(b) Non-income producing security.

(c) The rate shown represents the 7-day annualized effective yield as of September 30, 2025.

## 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:** Smart Earnings Growth 30 ETF

- **b. EDGAR series identifier (if any):** S000094702

- **c. LEI of Series:** 254900Y6UQITGY7QIM98

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $14115220.55

**Total Liabilities:** $1165331.16

**Net Assets:** $12949889.39

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000263237 |  | 3.21%                | 14.06%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $-1.33                   | $125157.95                                 |
| Month 3  | $89932.76                | $913884.77                                 |

**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        |      6772 | NS      | $1095641.88   | 8.46%             |  |  |  | No            |                  1 | On Loan: No      |
| AeroVironment Inc              | AeroVironment Inc                          | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |       418 | NS      | $131624.02    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      5253 | NS      | $650058.75    | 5.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc             | Analog Devices Inc                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |        18 | NS      | $4422.60      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                  | AppLovin Corp                              | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      1821 | NS      | $1308461.34   | 10.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp         | Boston Scientific Corp                     | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |      6625 | NS      | $646798.75    | 4.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinker International Inc      | Brinker International Inc                  | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |         6 | NS      | $760.08       | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      1991 | NS      | $656850.81    | 5.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc/The          | Carlyle Group Inc/The                      | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |      2053 | NS      | $128723.10    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                     | Carvana Co                                 | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |      1045 | NS      | $394215.80    | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc            | Cheniere Energy Inc                        | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      1278 | NS      | $300304.44    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Coeur Mining Inc               | Coeur Mining Inc                           | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |      6931 | NS      | $130025.56    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc        | Comfort Systems USA Inc                    | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |       174 | NS      | $143581.32    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                   | DoorDash Inc                               | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |      4074 | NS      | $1108087.26   | 8.56%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                       | EQT Corp                                   | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |      6706 | NS      | $365007.58    | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc         | Equitable Holdings Inc                     | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |        20 | NS      | $1015.60      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis Inc                   | Exelixis Inc                               | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |        28 | NS      | $1156.40      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1837444 | NS      | $1837443.84   | 14.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health Inc         | Hims & Hers Health Inc                     | CUSIP: 433000106<br>LEI: 254900V041EIVTSB6D58 | Long             | EC               | CORP              | US        |        24 | NS      | $1361.28      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |        12 | NS      | $8194.92      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                       | KLA Corp                                   | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |         4 | NS      | $4314.40      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp              | Lam Research Corp                          | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      4905 | NS      | $656779.50    | 5.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Life360 Inc                    | Life360 Inc                                | CUSIP: 532206109<br>LEI: 254900VO9VDOQBQAHF07 | Long             | EC               | CORP              | US        |      1217 | NS      | $129367.10    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                  | McKesson Corp                              | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |         6 | NS      | $4635.24      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |        76 | NS      | $12716.32     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                     | Nasdaq Inc                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |        46 | NS      | $4068.70      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co           | National Fuel Gas Co                       | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      1386 | NS      | $128024.82    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      7493 | NS      | $631734.83    | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                   | NiSource Inc                               | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |        52 | NS      | $2251.60      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      6286 | NS      | $1146692.12   | 8.85%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                        | PTC Inc                                    | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |       706 | NS      | $143332.12    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |        42 | NS      | $6013.56      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                 | Royal Gold Inc                             | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |        12 | NS      | $2406.96      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SoFi Technologies Inc          | SoFi Technologies Inc                      | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |      6329 | NS      | $167212.18    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc     | Sprouts Farmers Market Inc                 | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |         6 | NS      | $652.80       | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Toast Inc                      | Toast Inc                                  | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |      8068 | NS      | $294562.68    | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ubiquiti Inc                   | Ubiquiti Inc                               | CUSIP: 90353W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       596 | NS      | $393705.68    | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co             | Vertiv Holdings Co                         | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      1943 | NS      | $293120.98    | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                  | Welltower Inc                              | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |        26 | NS      | $4631.64      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Tidal Trust I

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer