Account Description,Account Base Currency,Position Date,Stock Ticker,Security Description(Long), Shares/Par ,Security CUSIP,% of Net Assets,Sector Description,Clean/Dirty
GABELLI FS OPPORTUN ETF,USD,12/10/2025,AMG,AFFILIATED MANAGERS GROUP," 2,736 ",8252108,1.97%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,AXP,AMERICAN EXPRESS CO, 622 ,25816109,0.60%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,APO,APOLLO GLOBAL MANAGEMENT INC," 7,909 ",03769M106,3.02%,COMMON STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,BK,BANK OF NEW YORK MELLON CORP," 1,419 ",64058100,0.44%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,WRB,WR BERKLEY CORP," 22,500 ",84423102,4.00%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,BRK/B,BERKSHIRE HATHAWAY INC-CL B," 4,430 ",84670702,5.78%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,BGC,BGC GROUP INC-A," 6,917 ",88929104,0.16%,COMMON STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,BX,BLACKSTONE INC," 10,343 ",09260D107,4.28%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,OWL,BLUE OWL CAPITAL INC," 115,411 ",09581B103,5.10%,COMMON STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,COF,CAPITAL ONE FINANCIAL CORP, 211 ,14040H105,0.13%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,CNS,COHEN & STEERS INC," 30,245 ",19247A100,4.88%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,CMPO,COMPOSECURE INC-A," 51,010 ",20459V105,2.75%,COMMON STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,CACC,CREDIT ACCEPTANCE CORP," 2,981 ",225310101,3.64%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,FHI,FEDERATED HERMES INC," 1,419 ",314211103,0.19%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,FCNCA,FIRST CITIZENS BCSHS  -CL A, 389 ,31946M103,2.03%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,FISV,FISERV INC," 25,883 ",337738108,4.55%,TECHNOLOGY,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,HTZ,HERTZ GLOBAL HLDGS INC," 96,980 ",42806J700,1.37%,COMMON STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,HHH,HOWARD HUGHES HOLDINGS INC," 4,116 ",44267T102,0.92%,COMMON STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,IBKR,INTERACTIVE BROKERS GRO-CL A," 19,102 ",45841N107,3.32%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,JPM,JPMORGAN CHASE & CO," 5,913 ",46625H100,4.71%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,KKR,KKR & CO INC," 14,465 ",48251W104,5.21%,COMMON STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,LPLA,LPL FINANCIAL HOLDINGS INC," 2,980 ",50212V100,2.96%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,MTB,M & T BANK CORP," 5,330 ",55261F104,2.79%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,MKL,MARKEL GROUP INC, 187 ,570535104,1.03%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,MRP,MILLROSE PROPERTIES," 36,326 ",601137102,2.99%,COMMON STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,MCO,MOODY'S CORP," 2,153 ",615369105,2.78%,CONSUMER,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,MS,MORGAN STANLEY," 3,075 ",617446448,1.46%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,NDAQ,NASDAQ INC," 4,846 ",631103108,1.17%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,PGR,PROGRESSIVE CORP," 1,524 ",743315103,0.92%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,RJF,RAYMOND JAMES FINANCIAL INC, 690 ,754730109,0.30%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,SPGI,S&P GLOBAL INC," 2,307 ",78409V104,3.00%,COMMON STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,SAFE,SAFEHOLD INC," 59,741 ",78646V107,2.19%,COMMON STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,SCHW,SCHWAB (CHARLES) CORP," 10,000 ",808513105,2.50%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,STT,STATE STREET CORP, 703 ,857477103,0.24%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,SF,STIFEL FINANCIAL CORP, 685 ,860630102,0.23%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,SSSS,SURO CAPITAL CORP," 241,150 ",86887Q109,6.12%,COMMON STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,TIPT,TIPTREE INC," 34,990 ",88822Q103,1.64%,COMMON STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,,TREASURY BILL 0 1/29/2026," 155,000 ",912797RK5,0.41%,GOV'T & AGENCY-DISCOUNT NOTE,CLEAN
GABELLI FS OPPORTUN ETF,USD,12/10/2025,,TREASURY BILL 0 2/12/2026," 375,000 ",912797RT6,0.99%,GOV'T & AGENCY-DISCOUNT NOTE,CLEAN
GABELLI FS OPPORTUN ETF,USD,12/10/2025,,TREASURY BILL 0 3/5/2026," 315,000 ",912797RV1,0.83%,GOV'T & AGENCY-DISCOUNT NOTE,CLEAN
GABELLI FS OPPORTUN ETF,USD,12/10/2025,,TREASURY BILL 0 1/6/2026," 210,000 ",912797SE8,0.56%,GOV'T & AGENCY-DISCOUNT NOTE,CLEAN
GABELLI FS OPPORTUN ETF,USD,12/10/2025,V,VISA INC-CLASS A SHARES," 1,375 ",92826C839,1.19%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,WFC,WELLS FARGO & CO," 20,421 ",949746101,4.82%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,WT,WISDOMTREE INC," 3,944 ",97717P104,0.12%,FINANCIAL,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,CB,CHUBB LTD, 79 ,H1467J104,0.06%,FOREIGN STOCK,
GABELLI FS OPPORTUN ETF,USD,12/10/2025,,CASH COMPONENT," (126,537)",,-0.34%,,