# EDGAR Filing Document

**Accession Number:** 0001644419
**File Stem:** 0001752724-25-182589
**Filing Date:** 2025-7
**Character Count:** 36993
**Document Hash:** d5da73e8c570901cb2bf9f581f14cf67
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-182589.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-182589

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Fund Trust IV
- **CENTRAL INDEX KEY:** 0001644419

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0916

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23066
- **FILM NUMBER:** 251161409

**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:** 17605 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68154-1150

## Series and Classes Contracts Data

### Inspire Fidelis Multi Factor ETF (Series ID: S000076870)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000237005 | Inspire Fidelis Multi Factor ETF | FDLS            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Northern Lights Fund Trust IV

- **b. Investment Company Act file number:** 811-23066

- **c. CIK number of Registrant:** 0001644419

- **d. LEI of Registrant:** 549300UIBIHXQ3PDEC28

- **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:** 631-470-2600

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

- **a. Name of Series:** Inspire Fidelis Multi Factor ETF

- **b. EDGAR series identifier (if any):** S000076870

- **c. LEI of Series:** 549300KU6QBTDFVU2R86

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-05-31

**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:** $80737357.43

**Total Liabilities:** $55943.93

**Net Assets:** $80681413.50

**Cash Not Reported:** $215177.07

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237005 | -5.95%               | -1.60%               | 8.88%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1826252.94             | $-3029402.91                               |
| Month 2  | $49412.80                | $-1340495.97                               |
| Month 3  | $0.00                    | $6437148.75                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Credicorp Ltd.                         | CREDICORP LTD                              | CUSIP: G2519Y108<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | BM        |      3959 | NS      | $838555.79    | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| HealthStream Inc.                      | HEALTHSTREAM INC                           | CUSIP: 42222N103<br>LEI: 529900OJ88H8635JNH64 | Long             | EC               | CORP              | US        |     24075 | NS      | $674581.50    | 0.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Valmont Industries, Inc.               | VALMONT INDS                               | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      2354 | NS      | $748666.16    | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| United Fire Group Inc                  | UNITED FIRE GROU                           | CUSIP: 910340108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26322 | NS      | $748860.90    | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Acm Research Inc                       | ACM RESEARCH-A                             | CUSIP: 00108J109<br>LEI: 549300MCTENUWL2GJL61 | Long             | EC               | CORP              | US        |     27820 | NS      | $627341.00    | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Cheesecake Factory Inc                 | CHEESECAKE FACTO                           | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     15836 | NS      | $873672.12    | 1.08%             |  |  |  | No            | 1                  | On Loan: —       |
| NRG Energy, Inc.                       | NRG ENERGY                                 | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      7704 | NS      | $1201053.60   | 1.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Northeast Community Bancorp Inc        | NORTHEAST COMMUN                           | CUSIP: 664121100<br>LEI: 5493007BRYL8596Q9L26 | Long             | EC               | CORP              | US        |     32742 | NS      | $740624.04    | 0.92%             |  |  |  | No            | 1                  | On Loan: No      |
| Sprouts Farmers Markets Inc            | SPROUTS FARMERS                            | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |      5457 | NS      | $943297.02    | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Universal Technical Institute, Inc.    | UNIVERSAL TECHNI                           | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |     27606 | NS      | $980841.18    | 1.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Itron, Inc.                            | ITRON INC                                  | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |      7169 | NS      | $828736.40    | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| ACI Worldwide Inc                      | ACI WORLDWIDE IN                           | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |     14338 | NS      | $663275.88    | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Ribbon Communications Inc.             | RIBBON COMMUNICA                           | CUSIP: 762544104<br>LEI: 549300L1E8Z8RL7CUL52 | Long             | EC               | CORP              | US        |    190995 | NS      | $645563.10    | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Third Coast Bancshares Inc.            | THIRD COAST BANC                           | CUSIP: 88422P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22577 | NS      | $692210.82    | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| Gilat Satellite Networks Ltd.          | GILAT SATEL NETW                           | CUSIP: M51474118<br>LEI: 529900RVHDCYJ5YWHP12 | Long             | EC               | CORP              | IL        |    114276 | NS      | $636517.32    | 0.79%             |  |  |  | No            | 1                  | On Loan: —       |
| C.H. Robinson Worldwide Inc            | CH ROBINSON                                | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |      7704 | NS      | $739352.88    | 0.92%             |  |  |  | No            | 1                  | On Loan: No      |
| Phibro Animal Health Corporation       | PHIBRO ANIMAL-A                            | CUSIP: 71742Q106<br>LEI: 549300U24SP4AF2JUX52 | Long             | EC               | CORP              | US        |     35096 | NS      | $857044.32    | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| CF Industries Holdings, Inc.           | CF INDUSTRIES HO                           | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |      9951 | NS      | $902655.21    | 1.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Vital Farms Inc.                       | VITAL FARMS INC                            | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |     25894 | NS      | $824464.96    | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Emcor Group Inc                        | EMCOR GROUP INC                            | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      1926 | NS      | $908802.36    | 1.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Cirrus Logic, Inc.                     | CIRRUS LOGIC INC                           | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      7704 | NS      | $757765.44    | 0.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Jabil Inc                              | JABIL INC                                  | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      5350 | NS      | $898853.50    | 1.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Exelixis, Inc.                         | EXELIXIS INC                               | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |     20651 | NS      | $888819.04    | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| QUALCOMM Inc.                          | QUALCOMM INC                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      4855 | NS      | $704946.00    | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Vertiv Holdings Co                     | VERTIV HOLDING-A                           | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      8560 | NS      | $923880.80    | 1.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Netgear Inc                            | NETGEAR INC                                | CUSIP: 64111Q104<br>LEI: 54930067KX3UNRHDWA78 | Long             | EC               | CORP              | US        |     31672 | NS      | $928939.76    | 1.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Howmet Aerospace Inc                   | HOWMET AEROSPACE                           | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      5818 | NS      | $988420.02    | 1.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Comfort Systems USA Inc.               | COMFORT SYSTEMS                            | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      2140 | NS      | $1023412.20   | 1.27%             |  |  |  | No            | 1                  | On Loan: No      |
| DNOW Inc.                              | DNOW INC                                   | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |     46866 | NS      | $675807.72    | 0.84%             |  |  |  | No            | 1                  | On Loan: No      |
| ResMed Inc.                            | RESMED INC                                 | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      3492 | NS      | $854806.68    | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Dave Inc                               | DAVE INC                                   | CUSIP: 23834J201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8774 | NS      | $1761994.68   | 2.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Cheniere Energy Inc                    | CHENIERE ENERGY                            | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      3317 | NS      | $786095.83    | 0.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Insulet Corporation                    | INSULET CORP                               | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      2889 | NS      | $939011.67    | 1.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Matson Inc                             | MATSON INC                                 | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |      5885 | NS      | $664122.25    | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Alliance Resource Partners, L.P.       | ALLIANCE RESOURC                           | CUSIP: 01877R108<br>LEI: 529900T4Q5UPWOUFG783 | Long             | EC               | CORP              | US        |     28676 | NS      | $746436.28    | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Heidrick & Struggles International Inc | HEIDRICK & STRUG                           | CUSIP: 422819102<br>LEI: 5493006284N2J367VB57 | Long             | EC               | CORP              | US        |     17869 | NS      | $780160.54    | 0.97%             |  |  |  | No            | 1                  | On Loan: No      |
| CommScope Holding Co Inc.              | COMMSCOPE HOLDIN                           | CUSIP: 20337X109<br>LEI: 254900AW4CEPCQWSRI58 | Long             | EC               | CORP              | US        |    139528 | NS      | $842749.12    | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Baker Hughes Company                   | BAKER HUGHES CO                            | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17120 | NS      | $634296.00    | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| Asure Software Inc                     | ASURE SOFTWARE I                           | CUSIP: 04649U102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72974 | NS      | $707847.80    | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Jazz Pharmaceuticals PLC               | JAZZ PHARMACEUTI                           | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |      5457 | NS      | $589737.99    | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| Crown Holdings Inc                     | CROWN HOLDINGS I                           | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      8512 | NS      | $838432.00    | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Universal Health Services, Inc.        | UNIVERSAL HLTH-B                           | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |      4280 | NS      | $814698.00    | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Tyson Foods, Inc.                      | TYSON FOODS-A                              | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     12626 | NS      | $709076.16    | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Pilgrims Pride Corporation             | PILGRIM'S PRIDE                            | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |     16649 | NS      | $818464.84    | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| PDD Holdings Inc.                      | PDD HOLDINGS INC                           | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |      5885 | NS      | $567961.35    | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Griffon Corp                           | GRIFFON CORP                               | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |     10700 | NS      | $735625.00    | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Catalyst Pharmaceuticals Inc.          | CATALYST PHARMAC                           | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |     33063 | NS      | $825252.48    | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Iridium Communications, Inc.           | IRIDIUM COMMUNIC                           | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |     27820 | NS      | $706628.00    | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Vistra Corp                            | VISTRA CORP                                | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      5778 | NS      | $927773.46    | 1.15%             |  |  |  | No            | 1                  | On Loan: No      |
| American Superconductor Corp.          | AMERICAN SUPERCONDUCTOR C                  | CUSIP: 030111207<br>LEI: 549300S9YT8Z8LOK4452 | Long             | EC               | CORP              | US        |     38199 | NS      | $1079503.74   | 1.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Unifirst Corp                          | UNIFIRST CORP/MA                           | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |      3852 | NS      | $726333.12    | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Donegal Group Inc.                     | DONEGAL GRP-CL A                           | CUSIP: 257701201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41623 | NS      | $840784.60    | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Stride Inc                             | STRIDE INC                                 | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |      6285 | NS      | $951486.15    | 1.18%             |  |  |  | No            | 1                  | On Loan: No      |
| EnerSys                                | ENERSYS                                    | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |      7918 | NS      | $662182.34    | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Willdan Group Inc.                     | WILLDAN GROUP IN                           | CUSIP: 96924N100<br>LEI: 529900YQO0LF5VAEKN05 | Long             | EC               | CORP              | US        |     17762 | NS      | $960036.10    | 1.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Encompass Health Corporation           | ENCOMPASS HEALTH                           | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      7704 | NS      | $931413.60    | 1.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank7 Corp                             | BANK7 CORP                                 | CUSIP: 06652N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19581 | NS      | $756218.22    | 0.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Build A Bear Workshop Inc              | BUILD-A-BEAR WOR                           | CUSIP: 120076104<br>LEI: 529900S9MWZC1UBF3D13 | Long             | EC               | CORP              | US        |     20651 | NS      | $1054027.04   | 1.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Virtu Financial Inc                    | VIRTU FINANCIA-A                           | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |     20330 | NS      | $817062.70    | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Globus Med Inc                         | GLOBUS MEDICAL I                           | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     10379 | NS      | $614229.22    | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Carpenter Technology Corporation       | CARPENTER TECH                             | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |      4127 | NS      | $969845.00    | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| The Andersons Inc                      | ANDERSONS INC                              | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |     17655 | NS      | $626929.05    | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Veeva Systems Inc                      | VEEVA SYSTEMS-A                            | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      3268 | NS      | $914059.60    | 1.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Interactive Brokers Group Inc          | INTERACTIVE BROK                           | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |      4387 | NS      | $919866.16    | 1.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Globe Life Inc                         | GLOBE LIFE INC                             | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |      5992 | NS      | $730245.04    | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Everquote Inc                          | EVERQUOTE INC-A                            | CUSIP: 30041R108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27285 | NS      | $628919.25    | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Spok Hldgs Inc                         | SPOK HOLDINGS IN                           | CUSIP: 84863T106<br>LEI: 549300HXXANIVN2ICC89 | Long             | EC               | CORP              | US        |     48150 | NS      | $780030.00    | 0.97%             |  |  |  | No            | 1                  | On Loan: No      |
| TechnipFMC PLC                         | TECHNIPFMC PLC                             | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |     26108 | NS      | $813264.20    | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Protagonist Therapeutics Inc           | PROTAGONIST THER                           | CUSIP: 74366E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14445 | NS      | $685704.15    | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Curtiss-Wright Corp.                   | CURTISS-WRIGHT                             | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      2354 | NS      | $1036018.94   | 1.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Stifel Financial Corporation           | STIFEL FINANCIAL                           | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |      7811 | NS      | $735952.42    | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| CNO Financial Group, Inc.              | CNO FINANCIAL GR                           | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     18618 | NS      | $706739.28    | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Opera Limited                          | OPERA LTD-ADR                              | CUSIP: 68373M107<br>LEI: 5493001ULS7KDNNZ3W51 | Long             | EC               | CORP              | KY        |     43228 | NS      | $793233.80    | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| TTM Technologies Inc                   | TTM TECHNOLOGIES                           | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |     33812 | NS      | $1009626.32   | 1.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Ooma Inc                               | OOMA INC                                   | CUSIP: 683416101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56282 | NS      | $768249.30    | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| EchoStar Corp.                         | ECHOSTAR CORP-A                            | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |     28890 | NS      | $512219.70    | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Cal-Maine Foods Inc.                   | CAL-MAINE FOODS                            | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |      8667 | NS      | $831425.31    | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Upwork Inc                             | UPWORK INC                                 | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |     56924 | NS      | $881752.76    | 1.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Tenet Healthcare Corporation           | TENET HEALTHCARE                           | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |      6099 | NS      | $1029328.23   | 1.28%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                    | Fidelity Money Market Government Portfolio | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Magic Software Enterprises Ltd.        | MAGIC SOFTWARE                             | CUSIP: 559166103<br>LEI: 529900PT36UHAIVEFN60 | Long             | EC               | CORP              | IL        |     57031 | NS      | $902800.73    | 1.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Ovintiv Inc                            | OVINTIV INC                                | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     18190 | NS      | $651565.80    | 0.81%             |  |  |  | No            | 1                  | On Loan: No      |
| Enova International Inc.               | ENOVA INTERNATIO                           | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |      7918 | NS      | $733761.06    | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Riley Exploration Permian Inc.         | RILEY EXPLORATIO                           | CUSIP: 76665T102<br>LEI: 5493008CUBI02XP43Q95 | Long             | EC               | CORP              | US        |     25359 | NS      | $650711.94    | 0.81%             |  |  |  | No            | 1                  | On Loan: No      |
| VNET Group Inc.                        | VNET GROUP-ADR                             | CUSIP: 90138A103<br>LEI: 529900672GYJQ3T38I58 | Long             | EC               | CORP              | KY        |     86456 | NS      | $461675.04    | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| DHT Holdings Inc.                      | DHT HOLDINGS INC                           | CUSIP: Y2065G121<br>LEI: 549300SMD6IVZYT74K40 | Long             | EC               | CORP              | MH        |     68801 | NS      | $796715.58    | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Mercadolibre Inc                       | MERCADOLIBRE INC                           | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       369 | NS      | $945854.01    | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| The Progressive Corporation            | PROGRESSIVE CORP                           | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      2782 | NS      | $792675.26    | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Telephone and Data Systems Inc.        | TELEPHONE & DATA                           | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21186 | NS      | $727950.96    | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Capital City Bank Group Inc.           | CAP CITY BANK                              | CUSIP: 139674105<br>LEI: 254900NVLVUJQZKTQE82 | Long             | EC               | CORP              | US        |     20758 | NS      | $783406.92    | 0.97%             |  |  |  | No            | 1                  | On Loan: No      |
| ADT Inc                                | ADT INC                                    | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98654 | NS      | $820801.28    | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Targa Resources Corp.                  | TARGA RESOURCES                            | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      3852 | NS      | $608346.36    | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| Radware Ltd.                           | RADWARE LTD                                | CUSIP: M81873107<br>LEI: 254900LYRZOTBQ99ZG59 | Long             | EC               | CORP              | IL        |     33812 | NS      | $788495.84    | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| SS&C Technologies Holdings Inc.        | SS&C TECHNOLOGIE                           | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |      9309 | NS      | $752260.29    | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Futu Holdings Ltd.                     | FUTU HOLDING-ADR                           | CUSIP: 36118L106<br>LEI: 213800X4W4ZRESFPTQ37 | Long             | EC               | CORP              | KY        |      7062 | NS      | $719829.66    | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Plains All American Pipeline L.P.      | PLAINS ALL AMER                            | CUSIP: 726503105<br>LEI: 5521FA2ITF25TVH63740 | Long             | EC               | CORP              | US        |     37878 | NS      | $626502.12    | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Mistras Group Inc                      | MISTRAS GROUP IN                           | CUSIP: 60649T107<br>LEI: 5493000CMNXVLND3FU73 | Long             | EC               | CORP              | US        |     76505 | NS      | $577612.75    | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Avnet, Inc.                            | AVNET INC                                  | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |     15943 | NS      | $797309.43    | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Dana Inc.                              | DANA INC                                   | CUSIP: 235825205<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | EC               | CORP              | US        |     52965 | NS      | $880807.95    | 1.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Primerica, Inc.                        | PRIMERICA INC                              | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |      2675 | NS      | $723855.00    | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Albertsons Companies Inc.              | ALBERTSONS COS-A                           | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |     36059 | NS      | $801591.57    | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-06-27

**Name of Applicant:** Northern Lights Fund Trust IV

**Signature:** Sam Singh

**Name of Signer:** Sam Singh

**Title:** Treasurer