Amplify Thematic All-Stars ETF
 
Schedule of Investments
 
as of June 30, 2024 (Unaudited)
 
   
COMMON STOCKS - 99.6%
 
Shares
   
Value
 
Communication Services - 10.3%
       
Alphabet, Inc. - Class A
   
563
   
$
102,550
 
Iridium Communications, Inc.
   
232
     
6,176
 
Meta Platforms, Inc. - Class A
   
131
     
66,053
 
Netflix, Inc.(a)
   
21
     
14,172
 
ROBLOX Corp. - Class A(a)
   
912
     
33,935
 
Roku, Inc.(a)
   
248
     
14,863
 
Snap, Inc. - Class A(a)
   
444
     
7,375
 
Spotify Technology SA(a)
   
24
     
7,531
 
Tencent Holdings Ltd.
   
388
     
18,507
 
Trade Desk, Inc. - Class A(a)
   
77
     
7,521
 
             
278,683
 
                 
Consumer Discretionary - 9.5%
         
Alibaba Group Holding Ltd.
   
1,233
     
11,134
 
Amazon.com, Inc.(a)
   
366
     
70,730
 
Aptiv PLC(a)
   
95
     
6,690
 
BYD Co. Ltd. - Class H
   
273
     
8,112
 
DraftKings, Inc. - Class A(a)
   
201
     
7,672
 
MercadoLibre, Inc.(a)
   
4
     
6,574
 
Tesla, Inc.(a)
   
738
     
146,035
 
             
256,947
 
                 
Financials - 5.6%
         
Block, Inc.(a)
   
805
     
51,914
 
Coinbase Global, Inc. - Class A(a)
   
289
     
64,225
 
PayPal Holdings, Inc.(a)
   
163
     
9,459
 
Robinhood Markets, Inc. - Class A(a)
   
860
     
19,531
 
Toast, Inc. - Class A(a)
   
316
     
8,143
 
             
153,272
 
                 
Health Care - 1.9%
         
CRISPR Therapeutics AG(a)
   
143
     
7,723
 
Danaher Corp.
   
47
     
11,743
 
Intuitive Surgical, Inc.(a)
   
57
     
25,357
 
Moderna, Inc.(a)
   
49
     
5,819
 
             
50,642
 
                 
Industrials - 7.4%
         
ABB Ltd.
   
506
     
28,110
 
Advanced Drainage Systems, Inc.
   
40
     
6,416
 
AeroVironment, Inc.(a)
   
46
     
8,379
 
Array Technologies, Inc.(a)
   
604
     
6,197
 
Bloom Energy Corp. - Class A(a)(b)
   
419
     
5,129
 
Booz Allen Hamilton Holding Corp.
   
63
     
9,696
 
Core & Main, Inc. - Class A(a)
   
126
     
6,167
 
NEXTracker, Inc. - Class A(a)
   
372
     
17,439
 
Northrop Grumman Corp.
   
17
     
7,411
 
Pentair PLC
   
96
     
7,360
 
Plug Power, Inc.(a)(b)
   
2,808
     
6,543
 
Schneider Electric SE
   
58
     
13,943
 
Siemens AG
   
49
     
9,123
 
Sunrun, Inc.(a)
   
855
     
10,140
 
Tetra Tech, Inc.
   
32
     
6,543
 
Uber Technologies, Inc.(a)
   
112
     
8,140
 
Veralto Corp.
   
126
     
12,029
 
Vestas Wind Systems AS(a)
   
482
     
11,170
 
Xylem, Inc./NY
   
145
     
19,666
 
             
199,601
 
                 
Information Technology - 62.1%(c)
         
Adobe, Inc.(a)
   
35
     
19,444
 
Advanced Micro Devices, Inc.(a)
   
332
     
53,854
 
Akamai Technologies, Inc.(a)
   
230
     
20,718
 
Ambarella, Inc.(a)
   
152
     
8,200
 
Analog Devices, Inc.
   
50
     
11,413
 
Apple, Inc.
   
170
     
35,805
 
Arista Networks, Inc.(a)
   
40
     
14,019
 
Badger Meter, Inc.
   
36
     
6,709
 
BlackBerry Ltd.(a)
   
2,644
     
6,608
 
Broadcom, Inc.
   
49
     
78,671
 
Check Point Software Technologies Ltd.(a)
   
111
     
18,315
 
Cisco Systems, Inc.
   
1,063
     
50,503
 
Cleanspark, Inc.(a)
   
429
     
6,843
 
Cloudflare, Inc. - Class A(a)
   
509
     
42,160
 
Cognex Corp.
   
153
     
7,154
 
Crowdstrike Holdings, Inc. - Class A(a)
   
299
     
114,574
 
CyberArk Software Ltd.(a)
   
92
     
25,155
 
Darktrace PLC(a)
   
1,755
     
12,792
 
Datadog, Inc. - Class A(a)
   
151
     
19,583
 
DigitalOcean Holdings, Inc.(a)
   
194
     
6,742
 
Dynatrace, Inc.(a)
   
154
     
6,890
 
Enphase Energy, Inc.(a)
   
458
     
45,667
 
F5, Inc.(a)
   
56
     
9,645
 
First Solar, Inc.(a)
   
319
     
71,922
 
Fortinet, Inc.(a)
   
520
     
31,340
 
Gen Digital, Inc.
   
471
     
11,766
 
HubSpot, Inc.(a)
   
16
     
9,437
 
Infineon Technologies AG
   
235
     
8,640
 
Intel Corp.
   
638
     
19,759
 
International Business Machines Corp.
   
119
     
20,581
 
Itron, Inc.(a)
   
108
     
10,688
 
Marathon Digital Holdings, Inc.(a)
   
414
     
8,218
 
Micron Technology, Inc.
   
116
     
15,257
 
Microsoft Corp.
   
180
     
80,451
 
MicroStrategy, Inc. - Class A(a)
   
7
     
9,642
 
MongoDB, Inc.(a)
   
33
     
8,249
 
NVIDIA Corp.
   
1,190
     
147,013
 
NXP Semiconductors NV
   
50
     
13,455
 
Okta, Inc.(a)
   
336
     
31,453
 
ON Semiconductor Corp.(a)
   
110
     
7,541
 
Oracle Corp.
   
258
     
36,430
 
Palantir Technologies, Inc. - Class A(a)
   
460
     
11,652
 
Palo Alto Networks, Inc.(a)
   
231
     
78,311
 
Pure Storage, Inc. - Class A(a)
   
155
     
9,953
 
QUALCOMM, Inc.
   
301
     
59,953
 
Qualys, Inc.(a)
   
164
     
23,386
 
Rapid7, Inc.(a)
   
302
     
13,055
 
Roper Technologies, Inc.
   
17
     
9,582
 
Salesforce, Inc.
   
104
     
26,738
 
Samsung SDI Co. Ltd.
   
52
     
13,373
 
SentinelOne, Inc. - Class A(a)
   
1,474
     
31,028
 
ServiceNow, Inc.(a)
   
36
     
28,320
 
Shopify, Inc. - Class A(a)
   
397
     
26,222
 
Snowflake, Inc. - Class A(a)
   
65
     
8,781
 
SolarEdge Technologies, Inc.(a)
   
274
     
6,921
 
Synopsys, Inc.(a)
   
13
     
7,736
 
Tenable Holdings, Inc.(a)
   
400
     
17,432
 
Teradyne, Inc.
   
111
     
16,460
 
Trend Micro, Inc./Japan
   
217
     
8,810
 
UiPath, Inc. - Class A(a)
   
2,342
     
29,697
 
Unity Software, Inc.(a)
   
866
     
14,081
 
Varonis Systems, Inc.(a)
   
393
     
18,852
 
Zoom Video Communications, Inc. - Class A(a)
   
155
     
9,174
 
Zscaler, Inc.(a)
   
271
     
52,083
 
             
1,684,906
 
                 
Materials - 1.6%
         
Albemarle Corp.
   
169
     
16,143
 
Arcadium Lithium PLC(a)
   
2,474
     
8,312
 
Ecolab, Inc.
   
85
     
20,230
 
             
44,685
 
                 
Utilities - 1.2%
         
American Water Works Co., Inc.
   
82
     
10,591
 
Iberdrola SA
   
569
     
7,388
 
Ormat Technologies, Inc.
   
93
     
6,668
 
Orsted AS(a)(d)(e)
   
126
     
6,711
 
             
31,358
 
TOTAL COMMON STOCKS (Cost $2,792,398)
     
2,700,094
 
                 
PREFERRED STOCKS - 0.3%
               
Industrials - 0.3%
         
Sociedad Quimica y Minera de Chile SA, Class B, 0.00%
   
160
     
6,446
 
TOTAL PREFERRED STOCKS (Cost $7,635)
     
6,446
 
                 
SHORT-TERM INVESTMENTS - 0.6%
               
Investments Purchased with Proceeds from Securities Lending - 0.5%
               
First American Government Obligations Fund - Class X, 4.65%(f)
   
12,969
     
12,969
 
                 
Money Market Funds - 0.1%
               
Invesco Government & Agency Portfolio - Institutional Class, 5.25%(f)
   
4,541
     
4,541
 
TOTAL SHORT-TERM INVESTMENTS (Cost $17,510)
     
17,510
 
                 
TOTAL INVESTMENTS - 100.5% (Cost $2,817,543)
   
$
2,724,050
 
Liabilities in Excess of Other Assets - (0.5)%
     
(12,889
)
TOTAL NET ASSETS - 100.0%
         
$
2,711,161
 
               
Percentages are stated as a percent of net assets.
         
   
The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.
 

AG - Aktiengesellschaft
NV - Naamloze Vennootschap
PLC - Public Limited Company
SA - Sociedad Anónima

(a)
Non-income producing security.
(b)
All or a portion of this security is on loan as of June 30, 2024. The total market value of these securities was $11,314 which represented 0.4% of net assets.
(c)
To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(d)
Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of June 30, 2024, the value of these securities total $6,711 or 0.2% of the Fund’s net assets.
(e)
Security is exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. As of June 30, 2024, the value of these securities total $6,711 or 0.2% of the Fund’s net assets.
(f)
The rate shown represents the 7-day effective yield as of June 30, 2024.


Summary of Fair Value Disclosure as of June 30, 2024 (Unaudited)
 
Amplify Thematic All-Stars ETF has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
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 speeds, credit risk, yield curves, default rates and similar data.
 
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 fair valuation hierarchy of the Fund’s securities as of June 30, 2024:
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Investments:
                       
  Common Stocks
   
2,700,094
     
     
     
2,700,094
 
  Preferred Stocks
   
6,446
     
     
     
6,446
 
  Investments Purchased with Proceeds from Securities Lending
   
12,969
     
     
     
12,969
 
  Money Market Funds
   
4,541
     
     
     
4,541
 
Total Investments
   
2,724,050
     
     
     
2,724,050
 
   
Refer to the Schedule of Investments for additional information.
 

Secured Borrowings (Unaudited)
The Funds adopted guidance requiring entities to present gross obligations for secured borrowings by the type of collateral pledged and remaining time to maturity.

As of June 30, 2024, the Fund had loaned securities and received cash collateral for the loans. The cash collateral is invested by the Securities Lending Agent in accordance with approved investment guidelines. Those guidelines require the cash collateral to be invested in readily marketable, high quality, short-term obligations; however, such investments are subject to risk of payment delays or default on the part of the issuer or counterparty or otherwise may not generate sufficient interest to support the costs associated with securities lending. The Fund could also experience delays in recovering its securities and possible loss of income or value if the borrower fails to return the borrowed securities, although the Fund is indemnified from this risk by contract with the Securities Lending Agent.