# EDGAR Filing Document

**Accession Number:** 0001552947
**File Stem:** 0000910472-25-006037
**Filing Date:** 2025-12
**Character Count:** 14415
**Document Hash:** db35b47b237fd49afc398b89f2054ed4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-006037.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000910472-25-006037

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

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

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22718
- **FILM NUMBER:** 251604926

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

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### LeaderShares(R) AlphaFactor(R) Tactical Focused ETF (Series ID: S000068214)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000218404 | LeaderShares(R) AlphaFactor(R) Tactical Focused ETF |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

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

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

- **a. Name of Series:** Leadershares Alphafactor Tactical Focused ETF

- **b. EDGAR series identifier (if any):** S000068214

- **c. LEI of Series:** 549300QKZB2GZ6B2G123

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $80004639.45

**Total Liabilities:** $60431.78

**Net Assets:** $79944207.67

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218404 | 5.07%                | -1.24%               | -3.36%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $118770.13               | $4653911.08                                |
| Month 2  | $373867.54               | $-1522100.12                               |
| Month 3  | $1181476.35              | $-3866936.77                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HP Inc                                 | HP INC               | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     99692 | NS      | $2758477.64   | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.           | CF INDUSTRIES HO     | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     30079 | NS      | $2505279.91   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp.               | MARATHON PETROLE     | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     14026 | NS      | $2733807.66   | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corporation                | BOYD GAMING CORP     | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |     31317 | NS      | $2438654.79   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet, Inc.                            | AVNET INC            | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |     52143 | NS      | $2526328.35   | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings Inc           | SPECTRUM BRANDS      | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |     51528 | NS      | $2776328.64   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS INVESTOR TAX-EXE         | GS-GOVT-ADM          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |    130373 | PA      | $130373.43    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                            | HOLOGIC INC          | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |     39904 | NS      | $2949304.64   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                     | EOG RESOURCES        | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     24149 | NS      | $2555930.16   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp.                  | MGIC INVT CORP       | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |     95039 | NS      | $2605969.38   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| HRTI LLC                               | HEALTHCARE REALT     | CUSIP: 42226K105<br>LEI: 549300CB86LH2IOKHH22 | Long             | EC               | CORP              | US        |    150715 | NS      | $2670669.80   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                  | MONSTER BEVERAGE     | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     40277 | NS      | $2691711.91   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | SPY US 03/31/26 P500 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |        65 | NC      | $19110.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Nexstar Media Group Inc                | NEXSTAR MEDIA        | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     13599 | NS      | $2661732.27   | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel Plus Leisure Co                 | TRAVEL + LEISURE     | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |     45795 | NS      | $2875010.10   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Choice Hotels International, Inc.      | CHOICE HOTELS        | CUSIP: 169905106<br>LEI: 5493003CYRY5RFGTIR97 | Long             | EC               | CORP              | US        |     25164 | NS      | $2339245.44   | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Block(H&R)Inc                          | H&R BLOCK INC        | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     53438 | NS      | $2658006.12   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Corporation | OLD REPUB INTL       | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |     63560 | NS      | $2508077.60   | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp.                      | HF SINCLAIR CORP     | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |     51759 | NS      | $2670764.40   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisign, Inc.                         | VERISIGN INC         | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      9706 | NS      | $2327498.80   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | SPY US 12/31/25 P485 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |       440 | NC      | $26180.00     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Blue Owl Capital Inc                   | BLUE OWL CAPITAL     | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    164913 | NS      | $2600678.01   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                     | HCA HEALTHCARE I     | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      6296 | NS      | $2894145.28   | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc.      | AMERICAN INTERNA     | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     34539 | NS      | $2727199.44   | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson, Inc.                  | HARLEY-DAVIDSON      | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |     96680 | NS      | $2608426.40   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group Inc                        | MATCH GROUP INC      | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |     75497 | NS      | $2441572.98   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Inc                            | PREMIER INC-CL A     | CUSIP: 74051N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     96998 | NS      | $2727583.76   | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Beer Co Inc                     | BOSTON BEER-A        | CUSIP: 100557107<br>LEI: 529900Q02MQ0DCQNRM58 | Long             | EC               | CORP              | US        |     12559 | NS      | $2599587.41   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc.              | COREBRIDGE FINAN     | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |     84066 | NS      | $2737188.96   | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                    | SPY US 03/31/26 P515 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |       950 | NC      | $332500.00    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| BBH SWEEP VEHICLE                      | BBH SWEEP VEHICLE    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |    913972 | PA      | $913972.05    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp                  | US FOODS HOLDING     | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     35354 | NS      | $2567407.48   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide, Inc.                | EURONET WORLDWID     | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     31273 | NS      | $2372369.78   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                         | GLOBE LIFE INC       | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     19055 | NS      | $2505923.05   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusXM Holdings Inc                  | SIRIUS XM HOLDIN     | CUSIP: 829933100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    116945 | NS      | $2536537.05   | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

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

**Signature:** Laura Szalyga

**Name of Signer:** Laura Szalyga

**Title:** Treasurer