# EDGAR Filing Document

**Accession Number:** 0001742912
**File Stem:** 0001145549-23-002835
**Filing Date:** 2023-1
**Character Count:** 44623
**Document Hash:** 423f56be197f1308e51fad8f6dea7f66
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-002835.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001145549-23-002835

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal ETF Trust
- **CENTRAL INDEX KEY:** 0001742912
- **IRS NUMBER:** 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:** 23555986

**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

## Series and Classes Contracts Data

### Leatherback Long/Short Alternative Yield ETF (Series ID: S000069694)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000222268 | Leatherback Long/Short Alternative Yield ETF | LBAY            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Leatherback Long/Short Alternative Yield ETF** | **Leatherback Long/Short Alternative Yield ETF** | **Leatherback Long/Short Alternative Yield ETF** |
| **SCHEDULE OF INVESTMENTS at November 30, 2022 (Unaudited)** | **SCHEDULE OF INVESTMENTS at November 30, 2022 (Unaudited)** | **SCHEDULE OF INVESTMENTS at November 30, 2022 (Unaudited)** |
|  | **Shares** | **Value** |
| **Common Stocks - 118.6%** |  | |
| **Aerospace & Defense - 3.0%** |  | |
| L3Harris Technologies, Inc. <sup>(1)</sup> | 8067 | 1831854 |
| **Agriculture - 5.5%** |  |  |
| Bunge Ltd. <sup>(1)</sup> | 32684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3426591 |
| **Banks - 3.0%** |  |  |
| Popular, Inc. <sup>(1)</sup> | 25854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1887859 |
| **Beverages - 5.3%** |  |  |
| The Coca-Cola Co. <sup>(1)</sup> | 24288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1544960 |
| Keurig Dr Pepper, Inc. <sup>(1)</sup> | 45381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1754883 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3299843 |
| **Building Materials - 4.0%** |  |  |
| Carrier Global Corp. <sup>(1)</sup> | 55485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2459095 |
| **Chemicals - 6.5%** |  |  |
| Air Products and Chemicals, Inc. <sup>(1)</sup> | 8321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2580841 |
| Nutrien Ltd. <sup>(1) (2)</sup> | 17594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1414558 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3995399 |
| **Commercial Services - 5.6%** |  |  |
| H&R Block, Inc. | 39707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1735593 |
| S&P Global, Inc. <sup>(1)</sup> | 4993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1761530 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3497123 |
| **Diversified Financial Services - 12.0%** |  |  |
| The Charles Schwab Corp. <sup>(1)</sup> | 35014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2890055 |
| Intercontinental Exchange, Inc. <sup>(1) (2)</sup> | 20844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2257614 |
| Visa, Inc. - Class A <sup>(1) (2)</sup> | 10491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2276547 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7424216 |
| **Electric - 3.6%** |  |  |
| PG&E Corp. <sup>(1)</sup> | 140932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2212632 |
| **Entertainment - 3.3%** |  |  |
| Vail Resorts, Inc. <sup>(1)</sup> | 8002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2060835 |
| **Food - 3.3%** |  |  |
| Lancaster Colony Corp. <sup>(1)</sup> | 9926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2056072 |
| **Healthcare - Products - 7.4%** |  |  |
| Medtronic PLC <sup>(1)</sup> | 23308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1842264 |
| Zimmer Biomet Holdings, Inc. <sup>(1) (2)</sup> | 22887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2748729 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4590993 |
| **Insurance - 4.0%** |  |  |
| Old Republic International Corp. <sup>(1)</sup> | 100718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2467591 |
| **Media - 3.0%** |  |  |
| Comcast Corp. - Class A <sup>(1)</sup> | 49920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1829069 |
| **Mining - 5.7%** |  |  |
| Newmont Corp. <sup>(1)</sup> | 43468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2063426 |
| Rio Tinto PLC - ADR <sup>(1)(2)</sup> | 20963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1438900 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3502326 |
| **Miscellaneous Manufacturers - 3.5%** |  |  |
| General Electric Co. <sup>(1) (2)</sup> | 25482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2190688 |
| **Oil & Gas - 5.3%** |  |  |
| Exxon Mobil Corp. <sup>(1)</sup> | 29458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3279854 |
| **Packaging & Containers - 2.9%** |  |  |
| Packaging Corp of America <sup>(1)</sup> | 13077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1777033 |
| **Pharmaceuticals - 7.8%** |  |  |
| AbbVie, Inc. <sup>(1)</sup> | 18399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2965551 |
| Johnson & Johnson <sup>(1)</sup> | 10426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1855828 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4821379 |
| **Real Estate Investment Trusts (REITs) - 6.3%** |  |  |
| AGNC Investment Corp. <sup>(1)</sup> | 97617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2007982 |
| PotlatchDeltic Corp. <sup>(1)</sup> | 39560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1890572 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3898554 |
| **Retail - 2.0%** |  |  |
| Domino's Pizza, Inc. | 3271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1271536 |
| **Software - 6.6%** |  |  |
| Activision Blizzard, Inc. <sup>(1)</sup> | 25240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1866498 |
| Fidelity National Information Services, Inc. <sup>(1)</sup> | 30882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2241416 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4107914 |
| **Telecommunications - 3.5%** |  |  |
| AT&T, Inc. <sup>(1)</sup> | 111418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2148139 |
| **Toys, Games & Hobbies - 2.7%** |  |  |
| Hasbro, Inc. <sup>(1)</sup> | 26698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1677168 |
| **Water - 2.8%** |  |  |
| American Water Works Co., Inc. <sup>(1)</sup> | 11575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1756622 |
| **Total Common Stocks** |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $69,539,729) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73470385 |
| **Convertible Preferred Stocks - 2.8%** |  |  |
| **Real Estate Investment Trusts (REITs) - 2.8%** |  |  |
| EPR Properties |  |  |
| &nbsp;&nbsp;&nbsp; 5.750% <sup>(3)</sup> | 90286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1745228 |
| **Total Convertible Preferred Stocks** |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $2,154,906) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1745228 |
| **Short-Term Investments - 0.4%** |  |  |
| **Money Market Funds - 0.4%** |  |  |
| First American Government Obligations Fund, Class X, 3.668% <sup>(4)</sup> | 240203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 240203 |
| **Total Short-Term Investments** |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $240,203) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 240203 |
| **Investments Purchased With Collateral From Securities Lending - 6.0%** |  |  |
| Mount Vernon Liquid Assets Portfolio, LLC, 4.070% <sup>(4)</sup> | 3710827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3710827 |
| **Total Investments Purchased With Collateral From Securities Lending** |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $3,710,827) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3710827 |
| **Total Investments in Securities** |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $75,645,665) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79166643 |
| Liabilities in Excess of Other Assets - (27.8%) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17240425) |
| **Total Net Assets - 100%** |  | 61926218 |
| American Depositary Receipt |  |  |
| All or a portion of the shares of this security have been committed as collateral for securities sold short. | All or a portion of the shares of this security have been committed as collateral for securities sold short. | All or a portion of the shares of this security have been committed as collateral for securities sold short. |
| This security or a portion of this security was out on loan as of November 30, 2022. Total loaned securities had a value of $3,685,715 or 6.0% of net assets. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous.Due to settlement of open trades, some of the positions on loan are not listed in the portfolio as of November 30, 2022. | This security or a portion of this security was out on loan as of November 30, 2022. Total loaned securities had a value of $3,685,715 or 6.0% of net assets. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous.Due to settlement of open trades, some of the positions on loan are not listed in the portfolio as of November 30, 2022. | This security or a portion of this security was out on loan as of November 30, 2022. Total loaned securities had a value of $3,685,715 or 6.0% of net assets. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous.Due to settlement of open trades, some of the positions on loan are not listed in the portfolio as of November 30, 2022. |
| Perpetual maturity. |  |  |
| The rate shown is the annualized seven-day effective yield as of November 30, 2022. | The rate shown is the annualized seven-day effective yield as of November 30, 2022. |  |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Leatherback Long/Short Alternative Yield ETF** | **Leatherback Long/Short Alternative Yield ETF** | **Leatherback Long/Short Alternative Yield ETF** | **Leatherback Long/Short Alternative Yield ETF** |
| **SCHEDULE OF SECURITIES SOLD SHORT at November 30, 2022 (Unaudited)** | **SCHEDULE OF SECURITIES SOLD SHORT at November 30, 2022 (Unaudited)** | **SCHEDULE OF SECURITIES SOLD SHORT at November 30, 2022 (Unaudited)** | **SCHEDULE OF SECURITIES SOLD SHORT at November 30, 2022 (Unaudited)** |
|  |  | **Shares** | **Value** |
| **Common Stocks <sup>(1)</sup> - 28.3%** | **Common Stocks <sup>(1)</sup> - 28.3%** |  | |
| **Auto Manufacturers - 1.4%** | **Auto Manufacturers - 1.4%** |  | |
| Tesla, Inc. | Tesla, Inc. | 4307 | $838573 |
| **Banks - 1.6%** | **Banks - 1.6%** |  |  |
| Silvergate Capital Corp. | Silvergate Capital Corp. | 7973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 218699 |
| SVB Financial Group | SVB Financial Group | 3425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 793846 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012545 |
| **Computers - 1.6%** | **Computers - 1.6%** |  |  |
| Apple, Inc. | Apple, Inc. | 6539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 967968 |
| **Diversified Financial Services - 4.6%** | **Diversified Financial Services - 4.6%** |  |  |
| American Express Co. | American Express Co. | 5774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 909925 |
| BlackRock, Inc. | BlackRock, Inc. | 1384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 990944 |
| Stifel Financial Corp. | Stifel Financial Corp. | 15014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 964650 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2865519 |
| **Entertainment - 1.5%** | **Entertainment - 1.5%** |  |  |
| DraftKings, Inc. - Class A | DraftKings, Inc. - Class A | 61381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 940357 |
| **Insurance - 1.2%** | **Insurance - 1.2%** |  |  |
| Trupanion, Inc. | Trupanion, Inc. | 13718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 717040 |
| **Internet - 2.7%** | **Internet - 2.7%** |  |  |
| Airbnb, Inc. - Class A | Airbnb, Inc. - Class A | 7624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 778715 |
| DoorDash, Inc. - Class A | DoorDash, Inc. - Class A | 15476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 901477 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1680192 |
| **Leisure Time - 1.6%** | **Leisure Time - 1.6%** |  |  |
| Planet Fitness, Inc. - Class A | Planet Fitness, Inc. - Class A | 12335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 966571 |
| **Real Estate Investment Trusts (REITs) - 2.5%** | **Real Estate Investment Trusts (REITs) - 2.5%** |  |  |
| Equinix, Inc. | Equinix, Inc. | 1131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 781125 |
| Prologis, Inc. | Prologis, Inc. | 6274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 739014 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1520139 |
| **Retail - 4.9%** | **Retail - 4.9%** |  |  |
| Chipotle Mexican Grill, Inc. | Chipotle Mexican Grill, Inc. | 604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 982684 |
| Lululemon Athletica, Inc. | Lululemon Athletica, Inc. | 2805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1066770 |
| Ollie's Bargain Outlet Holdings, Inc. | Ollie's Bargain Outlet Holdings, Inc. | 16502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1004972 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3054426 |
| **Semiconductors - 3.4%** | **Semiconductors - 3.4%** |  |  |
| Broadcom, Inc. | Broadcom, Inc. | 1857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1023263 |
| NVIDIA Corp. | NVIDIA Corp. | 6575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1112687 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2135950 |
| **Software - 1.3%** | **Software - 1.3%** |  |  |
| Salesforce, Inc. | Salesforce, Inc. | 5210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 834902 |
| **Total Common Stocks** | **Total Common Stocks** |  |  |
| &nbsp;&nbsp;&nbsp; (Proceeds $19,231,103) | &nbsp;&nbsp;&nbsp; (Proceeds $19,231,103) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17534182 |
| **Total Securities Sold Short - 28.3%** | **Total Securities Sold Short - 28.3%** |  |  |
| &nbsp;&nbsp;&nbsp; (Proceeds $19,231,103) | &nbsp;&nbsp;&nbsp; (Proceeds $19,231,103) |  | $17534182 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |  |
| <sup>(1)</sup> | Non-income producing security. |  |  |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;<br>

---

| |
|:---|
| **Summary of Fair Value Exposure at November 30, 2022 (Unaudited)** |
| The Leatherback Long/Short Alternative Yield ETF (the "Fund") utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are: |
| • Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.<br> • 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 spreads, credit risk, yield curves, default rates and similar data.<br> • 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 would be based on the best information available. |
| The following is a summary of the inputs used to value the Fund's investments and securities sold short as of November 30, 2022: |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments in Securities** | **Investments** <br> **Measured at Net Asset** <br> **Value** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Common Stocks <sup>(1)</sup> | $– | $73470385 | $– | $– | $73470385 |
| Convertible Preferred Stocks <sup>(1)</sup> | – | 1745228 | – | – | 1745228 |
| Short-Term Investments | – | 240203 | – | – | 240203 |
| Investments Purchased With Collateral From Securities Lending <sup>(2)</sup> | 3710827 | – | – | – | 3710827 |
| Total Investments in Securities | $3710827 | $75455816 | $– | $– | $79166643 |
| **Securities Sold Short** |  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Common Stocks <sup>(1)</sup> |  | $17534182 | $– | $– | $17534182 |
| Total Securities Sold Short |  | $17534182 | $– | $– | $17534182 |
| <sup>(1)</sup> See Schedule of Investments for industry breakout. | <sup>(1)</sup> See Schedule of Investments for industry breakout. | <sup>(1)</sup> See Schedule of Investments for industry breakout. | <sup>(1)</sup> See Schedule of Investments for industry breakout. | <sup>(1)</sup> See Schedule of Investments for industry breakout. |  |
| <sup>(2)</sup> 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 amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments. | <sup>(2)</sup> 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 amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments. | <sup>(2)</sup> 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 amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments. | <sup>(2)</sup> 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 amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments. | <sup>(2)</sup> 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 amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments. | <sup>(2)</sup> 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 amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented 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 ETF Trust

- **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:** 844-986-7676

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

- **a. Name of Series:** Leatherback Long/Short Alternative Yield ETF

- **b. EDGAR series identifier (if any):** S000069694

- **c. LEI of Series:** 5493006GMEXHHEH8EZ63

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $84454018.87

**Total Liabilities:** $22527858.87

**Net Assets:** $61926160.00

**Cash Not Reported:** $3226355.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000222268 | -6.36%               | 10.16%               | 5.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $255113.09               | $-3935418.44                               |
| Month 2  | $-62008.29               | $5329307.57                                |
| Month 3  | $-394679.53              | $3602103.47                                |

**Designated Index Information**

- **Index Name:** S&P 500 Total Return Index

- **Index Identifier:** SPTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| AGNC INVESTMENT CORP                      | AGNC Investment Corp                       | CUSIP: 00123Q872<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |     97617 | NS      | $2007981.69   | 3.24%             |  |  |  | No            | 1                  | On Loan: No      |
| AT&T Inc                                  | AT&T Inc                                   | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    111418 | NS      | $2148139.04   | 3.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Newmont Corp                              | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     43468 | NS      | $2063425.96   | 3.33%             |  |  |  | No            | 1                  | On Loan: No      |
| NVIDIA Corp                               | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Short            | EC               | CORP              | US        |     -6575 | NS      | $-1112687.25  | -1.80%            |  |  |  | No            | 1                  | On Loan: No      |
| AbbVie Inc                                | AbbVie Inc                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     18399 | NS      | $2965550.82   | 4.79%             |  |  |  | No            | 1                  | On Loan: No      |
| Activision Blizzard Inc                   | Activision Blizzard Inc                    | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |     25240 | NS      | $1866498.00   | 3.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Airbnb Inc                                | Airbnb Inc                                 | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Short            | EC               | CORP              | US        |     -7624 | NS      | $-778715.36   | -1.26%            |  |  |  | No            | 1                  | On Loan: No      |
| Air Products and Chemicals Inc            | Air Products and Chemicals Inc             | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |      8321 | NS      | $2580841.36   | 4.17%             |  |  |  | No            | 1                  | On Loan: No      |
| NUTRIEN LTD COM                           | NUTRIEN LTD COM                            | CUSIP: 67077M108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     17594 | NS      | $1414557.60   | 2.28%             |  |  |  | No            | 1                  | On Loan: —       |
| Old Republic International Cor            | Old Republic International Corp            | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |    100718 | NS      | $2467591.00   | 3.98%             |  |  |  | No            | 1                  | On Loan: No      |
| American Express Co                       | American Express Co                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Short            | EC               | CORP              | US        |     -5774 | NS      | $-909924.66   | -1.47%            |  |  |  | No            | 1                  | On Loan: No      |
| American Water Works Co Inc               | American Water Works Co Inc                | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     11575 | NS      | $1756622.00   | 2.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Apple Inc                                 | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Short            | EC               | CORP              | US        |     -6539 | NS      | $-967968.17   | -1.56%            |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Inc                             | BlackRock Inc                              | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Short            | EC               | CORP              | US        |     -1384 | NS      | $-990944.00   | -1.60%            |  |  |  | No            | 1                  | On Loan: No      |
| H&R Block Inc                             | H&R Block Inc                              | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     39707 | NS      | $1735592.97   | 2.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Broadcom Inc                              | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Short            | EC               | CORP              | US        |     -1857 | NS      | $-1023262.71  | -1.65%            |  |  |  | No            | 1                  | On Loan: No      |
| Carrier Global Corp                       | Carrier Global Corp                        | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     55485 | NS      | $2459095.20   | 3.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Chipotle Mexican Grill Inc                | Chipotle Mexican Grill Inc                 | CUSIP: 169656105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -604 | NS      | $-982683.84   | -1.59%            |  |  |  | No            | 1                  | On Loan: No      |
| Coca-Cola Co/The                          | Coca-Cola Co/The                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     24288 | NS      | $1544959.68   | 2.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Comcast Corp                              | Comcast Corp                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     49920 | NS      | $1829068.80   | 2.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Domino's Pizza Inc                        | Domino's Pizza Inc                         | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |      3271 | NS      | $1271535.83   | 2.05%             |  |  |  | No            | 1                  | On Loan: No      |
| DoorDash Inc                              | DoorDash Inc                               | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Short            | EC               | CORP              | US        |    -15476 | NS      | $-901477.00   | -1.46%            |  |  |  | No            | 1                  | On Loan: No      |
| DraftKings Inc                            | DraftKings Inc                             | CUSIP: 26142V105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -61381 | NS      | $-940356.92   | -1.52%            |  |  |  | No            | 1                  | On Loan: No      |
| EPR PROPERTIES                            | EPR Properties                             | CUSIP: 26884U208<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EP               | CORP              | US        |     90286 | NS      | $1745228.38   | 2.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Equinix Inc                               | Equinix Inc                                | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Short            | EC               | CORP              | US        |     -1131 | NS      | $-781125.15   | -1.26%            |  |  |  | No            | 1                  | On Loan: No      |
| Exxon Mobil Corp                          | Exxon Mobil Corp                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     29458 | NS      | $3279853.72   | 5.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Information             | Fidelity National Information Services Inc | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     30882 | NS      | $2241415.56   | 3.62%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Government Obli            | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    243851 | NS      | $243851.32    | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| General Electric Co                       | General Electric Co                        | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     25482 | NS      | $2190687.54   | 3.54%             |  |  |  | No            | 1                  | On Loan: —       |
| Hasbro Inc                                | Hasbro Inc                                 | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |     26698 | NS      | $1677168.36   | 2.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Ollie's Bargain Outlet Holding            | Ollie's Bargain Outlet Holdings Inc        | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Short            | EC               | CORP              | US        |    -16502 | NS      | $-1004971.80  | -1.62%            |  |  |  | No            | 1                  | On Loan: No      |
| PG&E Corp                                 | PG&E Corp                                  | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    140932 | NS      | $2212632.40   | 3.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Intercontinental Exchange Inc             | Intercontinental Exchange Inc              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     20844 | NS      | $2257613.64   | 3.65%             |  |  |  | No            | 1                  | On Loan: —       |
| Johnson & Johnson                         | Johnson & Johnson                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     10426 | NS      | $1855828.00   | 3.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Keurig Dr Pepper Inc                      | Keurig Dr Pepper Inc                       | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     45381 | NS      | $1754883.27   | 2.83%             |  |  |  | No            | 1                  | On Loan: No      |
| L3Harris Technologies Inc                 | L3Harris Technologies Inc                  | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      8067 | NS      | $1831854.36   | 2.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Lancaster Colony Corp                     | Lancaster Colony Corp                      | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |      9926 | NS      | $2056071.64   | 3.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Lululemon Athletica Inc                   | Lululemon Athletica Inc                    | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Short            | EC               | CORP              | CA        |     -2805 | NS      | $-1066769.55  | -1.72%            |  |  |  | No            | 1                  | On Loan: No      |
| Packaging Corp of America                 | Packaging Corp of America                  | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     13077 | NS      | $1777033.53   | 2.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Planet Fitness Inc                        | Planet Fitness Inc                         | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Short            | EC               | CORP              | US        |    -12335 | NS      | $-966570.60   | -1.56%            |  |  |  | No            | 1                  | On Loan: No      |
| Popular Inc                               | Popular Inc                                | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     25854 | NS      | $1887859.08   | 3.05%             |  |  |  | No            | 1                  | On Loan: No      |
| PotlatchDeltic Corp                       | PotlatchDeltic Corp                        | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |     39560 | NS      | $1890572.40   | 3.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Prologis Inc                              | Prologis Inc                               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Short            | EC               | CORP              | US        |     -6274 | NS      | $-739014.46   | -1.19%            |  |  |  | No            | 1                  | On Loan: No      |
| Rio Tinto PLC                             | Rio Tinto PLC                              | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     20963 | NS      | $1438900.32   | 2.32%             |  |  |  | No            | 1                  | On Loan: —       |
| S&P Global Inc                            | S&P Global Inc                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      4993 | NS      | $1761530.40   | 2.84%             |  |  |  | No            | 1                  | On Loan: No      |
| SVB Financial Group                       | SVB Financial Group                        | CUSIP: 78486Q101<br>LEI: 549300D2KJ20JMXE7542 | Short            | EC               | CORP              | US        |     -3425 | NS      | $-793846.50   | -1.28%            |  |  |  | No            | 1                  | On Loan: No      |
| Salesforce Inc                            | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Short            | EC               | CORP              | US        |     -5210 | NS      | $-834902.50   | -1.35%            |  |  |  | No            | 1                  | On Loan: No      |
| Charles Schwab Corp/The                   | Charles Schwab Corp/The                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     35014 | NS      | $2890055.56   | 4.67%             |  |  |  | No            | 1                  | On Loan: No      |
| Silvergate Capital Corp                   | Silvergate Capital Corp                    | CUSIP: 82837P408<br>LEI: BPE6FTXDZEBNAGIT2T19 | Short            | EC               | CORP              | US        |     -7973 | NS      | $-218699.39   | -0.35%            |  |  |  | No            | 1                  | On Loan: No      |
| Stifel Financial Corp                     | Stifel Financial Corp                      | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Short            | EC               | CORP              | US        |    -15014 | NS      | $-964649.50   | -1.56%            |  |  |  | No            | 1                  | On Loan: No      |
| Tesla Inc                                 | Tesla Inc                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Short            | EC               | CORP              | US        |     -4307 | NS      | $-838572.90   | -1.35%            |  |  |  | No            | 1                  | On Loan: No      |
| Trupanion Inc                             | Trupanion Inc                              | CUSIP: 898202106<br>LEI: 549300J86GFKIDGMQP18 | Short            | EC               | CORP              | US        |    -13718 | NS      | $-717039.86   | -1.16%            |  |  |  | No            | 1                  | On Loan: No      |
| Vail Resorts Inc                          | Vail Resorts Inc                           | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |      8002 | NS      | $2060835.08   | 3.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Visa Inc                                  | Visa Inc                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     10491 | NS      | $2276547.00   | 3.68%             |  |  |  | No            | 1                  | On Loan: —       |
| Zimmer Biomet Holdings Inc                | Zimmer Biomet Holdings Inc                 | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     22887 | NS      | $2748728.70   | 4.44%             |  |  |  | No            | 1                  | On Loan: —       |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   3710826 | NS      | $3710826.50   | 5.99%             |  |  |  | No            | N/A                | On Loan: No      |
| Bunge Ltd                                 | Bunge Ltd                                  | CUSIP: N/A<br>LEI: 5493007M0RIN8HY3MM77       | Long             | EC               | CORP              | US        |     32684 | NS      | $3426590.56   | 5.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Medtronic PLC                             | Medtronic PLC                              | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     23308 | NS      | $1842264.32   | 2.97%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2023-01-24

**Name of Applicant:** Tidal ETF Trust

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer