# EDGAR Filing Document

**Accession Number:** 0001742912
**File Stem:** 0002000324-25-004423
**Filing Date:** 2025-11
**Character Count:** 19900
**Document Hash:** 65aa1ce377e187b07030c60af366f21f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-004423.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0002000324-25-004423

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20260331

**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:** 251511800

**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

### SonicShares Global Shipping ETF (Series ID: S000072647)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000229056 | SonicShares Global Shipping ETF | BOAT            |

## 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:** Sonicsharestm Global Shipping ETF

- **b. EDGAR series identifier (if any):** S000072647

- **c. LEI of Series:** 549300RL3DFXPYRAMF71

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

- **a. Date of fiscal year-end:** 2026-03-31

- **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:** $49978445.89

**Total Liabilities:** $5065564.46

**Net Assets:** $44912881.43

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000229056 | 5.92%                | 4.65%                | 0.11%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1041.73                | $2151436.81                                |
| Month 2  | $-163371.69              | $1642582.05                                |
| Month 3  | $-53067.63               | $-413448.51                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 2020 Bulkers Ltd                          | 2020 Bulkers Ltd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |     11257 | NS      | $151517.88    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| AP Moller - Maersk A/S                    | AP Moller - Maersk A/S                      | CUSIP: N/A<br>LEI: 549300D2K6PKKKXVNN73       | Long             | EC               | CORP              | DK        |      1144 | NS      | $2244673.21   | 5.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Ardmore Shipping Corp                     | Ardmore Shipping Corp                       | CUSIP: N/A<br>LEI: 549300J8HD7K6BHD8O28       | Long             | EC               | CORP              | IE        |     19990 | NS      | $237281.30    | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| COSCO SHIP ENGY                           | COSCO SHIPPING Energy Transportation Co Ltd | CUSIP: N/A<br>LEI: 529900IGB8FVHRCR1W95       | Long             | EC               | CORP              | CN        |    638292 | NS      | $739986.87    | 1.65%             |  |  |  | No            | 1                  | On Loan: No      |
| COSCO SHIPPING Holdings Co Ltd            | COSCO SHIPPING Holdings Co Ltd              | CUSIP: N/A<br>LEI: 3003009XI0QGYYA29S17       | Long             | EC               | CORP              | CN        |   1254889 | NS      | $1953203.66   | 4.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Costamare Bulkers Holdings Ltd            | Costamare Bulkers Holdings Ltd              | CUSIP: N/A<br>LEI: 529900XOR3ESNE5WKB78       | Long             | EC               | CORP              | MC        |     69417 | NS      | $997522.29    | 2.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Costamare Inc                             | Costamare Inc                               | CUSIP: N/A<br>LEI: 5299003L6NPTZ25LN818       | Long             | EC               | CORP              | MC        |     59081 | NS      | $703654.71    | 1.57%             |  |  |  | No            | 1                  | On Loan: No      |
| d'Amico International Shipping            | d'Amico International Shipping SA           | CUSIP: N/A<br>LEI: 2221005IWV4R4EP4D553       | Long             | EC               | CORP              | LU        |     61105 | NS      | $311031.96    | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Danaos Corp                               | Danaos Corp                                 | CUSIP: N/A<br>LEI: 734IM3DNDNT36T7YTD24       | Long             | EC               | CORP              | GR        |      9148 | NS      | $821581.88    | 1.83%             |  |  |  | No            | 1                  | On Loan: —       |
| DHT Holdings Inc                          | DHT Holdings Inc                            | CUSIP: N/A<br>LEI: 549300SMD6IVZYT74K40       | Long             | EC               | CORP              | BM        |     79075 | NS      | $944946.25    | 2.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Dorian LPG Ltd                            | Dorian LPG Ltd                              | CUSIP: N/A<br>LEI: 549300WP1W2WGMC7F395       | Long             | EC               | CORP              | US        |     21004 | NS      | $625919.20    | 1.39%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Government Obli            | First American Government Obligations Fund  | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    895548 | NS      | $895547.81    | 1.99%             |  |  |  | No            | 1                  | On Loan: No      |
| FLEX LNG Ltd                              | FLEX LNG Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |       474 | NS      | $11944.77     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Frontline PLC                             | Frontline PLC                               | CUSIP: N/A<br>LEI: 5493004BCIKYU1YL3H63       | Long             | EC               | CORP              | NO        |     92879 | NS      | $2116712.41   | 4.71%             |  |  |  | No            | 1                  | On Loan: —       |
| Genco Shipping & Trading Ltd              | Genco Shipping & Trading Ltd                | CUSIP: N/A<br>LEI: 5493003MBZ5GU8QHXZ58       | Long             | EC               | CORP              | US        |     21149 | NS      | $376452.20    | 0.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Global Ship Lease Inc                     | Global Ship Lease Inc                       | CUSIP: N/A<br>LEI: 254900GLZ0J5N8UZM071       | Long             | EC               | CORP              | GB        |     17536 | NS      | $538355.20    | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Hafnia Ltd                                | Hafnia Ltd                                  | CUSIP: N/A<br>LEI: 5493001KCFT0SCGJ2647       | Long             | EC               | CORP              | SG        |    319027 | NS      | $1922257.74   | 4.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Hapag-Lloyd AG                            | Hapag-Lloyd AG                              | CUSIP: N/A<br>LEI: HD52L5PJVBXJUUX8I539       | Long             | EC               | CORP              | DE        |      9736 | NS      | $1281263.37   | 2.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Heung-A Shipping Co Ltd                   | Heung-A Shipping Co Ltd                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    118299 | NS      | $133471.59    | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| HMM Co Ltd                                | HMM Co Ltd                                  | CUSIP: N/A<br>LEI: 988400M8Q35QDZ4XXW80       | Long             | EC               | CORP              | KR        |    132422 | NS      | $1892349.60   | 4.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Hoegh Autoliners ASA                      | Hoegh Autoliners ASA                        | CUSIP: N/A<br>LEI: 549300D7GNMPKTA4HD46       | Long             | EC               | CORP              | NO        |     93955 | NS      | $1007555.27   | 2.24%             |  |  |  | No            | 1                  | On Loan: No      |
| International Seaways Inc                 | International Seaways Inc                   | CUSIP: N/A<br>LEI: 549300YUFDGFRNGBWF46       | Long             | EC               | CORP              | US        |     24299 | NS      | $1119697.92   | 2.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Kawasaki Kisen Kaisha Ltd                 | Kawasaki Kisen Kaisha Ltd                   | CUSIP: N/A<br>LEI: 353800FL04R73DS5P870       | Long             | EC               | CORP              | JP        |    146423 | NS      | $2088003.78   | 4.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Matson Inc                                | Matson Inc                                  | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |     15020 | NS      | $1480821.80   | 3.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Mitsui OSK Lines Ltd                      | Mitsui OSK Lines Ltd                        | CUSIP: N/A<br>LEI: 353800P8O843TMAZ6S09       | Long             | EC               | CORP              | JP        |     62114 | NS      | $1890106.08   | 4.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   4306706 | NS      | $4306705.50   | 9.59%             |  |  |  | No            | N/A                | On Loan: No      |
| MPC Container Ships ASA                   | MPC Container Ships ASA                     | CUSIP: N/A<br>LEI: 213800MXS7CXYJ2Q1805       | Long             | EC               | CORP              | NO        |    218401 | NS      | $360725.66    | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Navigator Holdings Ltd                    | Navigator Holdings Ltd                      | CUSIP: N/A<br>LEI: 213800H7RVOFYARK2W19       | Long             | EC               | CORP              | US        |     34112 | NS      | $528394.88    | 1.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Nordic American Tankers Ltd               | Nordic American Tankers Ltd                 | CUSIP: N/A<br>LEI: 213800W4T8AMPKIPIU94       | Long             | EC               | CORP              | NO        |    104229 | NS      | $327279.06    | 0.73%             |  |  |  | No            | 1                  | On Loan: —       |
| NS United Kaiun Kaisha Ltd                | NS United Kaiun Kaisha Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     11798 | NS      | $405023.26    | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Okeanis Eco Tankers Corp                  | Okeanis Eco Tankers Corp                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MH        |     15806 | NS      | $465730.32    | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| OOIL                                      | Orient Overseas International Ltd           | CUSIP: N/A<br>LEI: 529900DQ426GJO276W95       | Long             | EC               | CORP              | HK        |    128717 | NS      | $2089475.75   | 4.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Pacific Basin Shipping Ltd                | Pacific Basin Shipping Ltd                  | CUSIP: N/A<br>LEI: 254900LNPK737X4Y3V26       | Long             | EC               | CORP              | HK        |   2505862 | NS      | $808404.92    | 1.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Pan Ocean Co Ltd                          | Pan Ocean Co Ltd                            | CUSIP: N/A<br>LEI: 988400HGOJIHDWPIAT45       | Long             | EC               | CORP              | KR        |    263278 | NS      | $724317.08    | 1.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Pangaea Logistics Solutions Lt            | Pangaea Logistics Solutions Ltd             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     32308 | NS      | $164124.64    | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Safe Bulkers Inc                          | Safe Bulkers Inc                            | CUSIP: N/A<br>LEI: 549300V6ZM2HJJYQQO85       | Long             | EC               | CORP              | MC        |     50360 | NS      | $223598.40    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Scorpio Tankers Inc                       | Scorpio Tankers Inc                         | CUSIP: N/A<br>LEI: 549300NVJUH16NXG8K87       | Long             | EC               | CORP              | MC        |     25125 | NS      | $1408256.25   | 3.14%             |  |  |  | No            | 1                  | On Loan: No      |
| SFL Corp Ltd                              | SFL Corp Ltd                                | CUSIP: N/A<br>LEI: 549300RLYYPSB0C7RH77       | Long             | EC               | CORP              | NO        |     71529 | NS      | $538613.37    | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| SITC International Holdings Co            | SITC International Holdings Co Ltd          | CUSIP: N/A<br>LEI: 529900JUV4MOM9CE3V12       | Long             | EC               | CORP              | HK        |    651453 | NS      | $2508551.22   | 5.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Star Bulk Carriers Corp                   | Star Bulk Carriers Corp                     | CUSIP: N/A<br>LEI: 549300SO3FMK7H6DDY54       | Long             | EC               | CORP              | GR        |     57685 | NS      | $1072364.15   | 2.39%             |  |  |  | No            | 1                  | On Loan: —       |
| Stolt-Nielsen Ltd                         | Stolt-Nielsen Ltd                           | CUSIP: N/A<br>LEI: 213800VZX4LWJSGRLR94       | Long             | EC               | CORP              | GB        |     34096 | NS      | $1173803.44   | 2.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Teekay Corp Ltd                           | Teekay Corp Ltd                             | CUSIP: N/A<br>LEI: YHKQM2RIPKZYOZ6RVZ46       | Long             | EC               | CORP              | BM        |     41131 | NS      | $336451.58    | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| Teekay Tankers Ltd                        | Teekay Tankers Ltd                          | CUSIP: N/A<br>LEI: 549300DE8ZAIYS2T6Q22       | Long             | EC               | CORP              | CA        |     14709 | NS      | $743539.95    | 1.66%             |  |  |  | No            | 1                  | On Loan: No      |
| TORM PLC                                  | TORM PLC                                    | CUSIP: N/A<br>LEI: 213800VL1H1ABVM1ZF63       | Long             | EC               | CORP              | GB        |     48137 | NS      | $989972.78    | 2.20%             |  |  |  | No            | 1                  | On Loan: No      |
| TS Lines Ltd                              | TS Lines Ltd                                | CUSIP: N/A<br>LEI: 8368006B8C0EXQ2JDM96       | Long             | EC               | CORP              | HK        |    820043 | NS      | $901157.74    | 2.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Tsakos Energy Navigation Ltd              | Tsakos Energy Navigation Ltd                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |     14829 | NS      | $329500.38    | 0.73%             |  |  |  | No            | 1                  | On Loan: —       |
| Wallenius Wilhelmsen ASA                  | Wallenius Wilhelmsen ASA                    | CUSIP: N/A<br>LEI: 549300NBN0URT3RA3Y54       | Long             | EC               | CORP              | NO        |    210762 | NS      | $1873618.37   | 4.17%             |  |  |  | No            | 1                  | On Loan: No      |
| ZIM Integrated Shipping Servic            | ZIM Integrated Shipping Services Ltd        | CUSIP: N/A<br>LEI: 21380089EIJRELKAIL21       | Long             | EC               | CORP              | IL        |     59325 | NS      | $803853.75    | 1.79%             |  |  |  | No            | 1                  | On Loan: —       |

### 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