Amplify Alternative Harvest ETF
  
Schedule of Investments
  
December 31, 2025 (Unaudited)
  
   
AFFILIATED EXCHANGE TRADED FUNDS - 55.9%
Shares
  
Value
 
Amplify Seymour Cannabis ETF (a)(b)(c)(d)
    
2,972,386
    
$
84,326,591
  
TOTAL AFFILIATED EXCHANGE TRADED FUNDS (Cost $63,687,520)
      
84,326,591
  
                 
COMMON STOCKS - 43.9%
Shares
  
Value
 
Consumer Staples - 4.9%
          
Village Farms International, Inc. (a)(b)
    
2,027,652
      
7,400,930
  
                 
Health Care - 39.0% (e)
          
Aurora Cannabis, Inc. (a)(b)
    
1,148,723
      
4,847,611
  
Canopy Growth Corp. (a)(b)
    
6,747,095
      
7,691,688
  
Cronos Group, Inc. (a)
    
3,975,420
      
10,455,355
  
High Tide, Inc. (a)(b)
    
1,547,299
      
4,100,342
  
Organigram Global, Inc. (a)
    
1,878,981
      
3,156,688
  
SNDL, Inc. (a)
    
4,970,342
      
8,250,768
  
Tilray Brands, Inc. (a)(b)
    
2,248,303
      
20,302,176
  
             
58,804,628
  
                 
Industrials - 0.0% (f)
          
Empresas ICA SAB de CV (a)(g)
    
151,840
      
0
  
TOTAL COMMON STOCKS (Cost $71,110,221)
      
66,205,558
  
                 
SHORT-TERM INVESTMENTS
  
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 23.3%
Shares
  
Value
 
First American Government Obligations Fund - Class X, 3.67% (h)
    
35,049,360
      
35,049,360
  
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $35,049,360)
      
35,049,360
  
                 
MONEY MARKET FUNDS - 0.1%
Shares
  
Value
 
Invesco Government & Agency Portfolio - Institutional Class, 3.68% (h)
    
182,330
      
182,330
  
TOTAL MONEY MARKET FUNDS (Cost $182,330)
      
182,330
  
                 
TOTAL INVESTMENTS - 123.2% (Cost $170,029,431)
      
185,763,839
  
Liabilities in Excess of Other Assets - (23.2)%
      
(35,011,550
)
TOTAL NET ASSETS - 100.0%
          
$
150,752,289
  
                 
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.
  

(a)
Non-income producing security.
(b)
All or a portion of this security is on loan as of December 31, 2025. The fair value of these securities was $33,419,100.
(c)
Fair value of this security exceeds 25% of the Fund’s net assets.  Additional information for this security, including the financial statements, is available from the SEC’s EDGAR database at www.sec.gov.
(d)
Affiliated security as defined by the Investment Company Act of 1940.
(e)
To the extent that the Fund invests more heavily in particular industries or sectors of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(f)
Represents less than 0.05% of net assets.
(g)
Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities represented $0 or 0.0% of net assets as of December 31, 2025.
(h)
The rate shown represents the 7-day annualized yield as of December 31, 2025.


Summary of Fair Value Disclosure as of December 31, 2025 (Unaudited)
 
Amplify Alternative Harvest ETF (the "Fund") has adopted fair value accounting standards which establish a 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 valuation 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 based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of December 31, 2025:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Affiliated Exchange Traded Funds
  
$
84,326,591
    
$
–
    
$
–
    
$
84,326,591
  
  Common Stocks
    
66,205,558
      
–
      
0
      
66,205,558
  
  Investments Purchased with Proceeds from Securities Lending
    
35,049,360
      
–
      
–
      
35,049,360
  
  Money Market Funds
    
182,330
      
–
      
–
      
182,330
  
Total Investments
  
$
185,763,839
    
$
–
    
$
0
    
$
185,763,839
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.
  
   

Amplify Alternative Harvest ETF - Transactions with Affiliates
        
   
Value as of
September 30, 2025
    
Additions
    
Reductions
    
Realized
Gain (Loss)
    
Net Change in
Unrealized
Appreciation
(Depreciation)
    
Value as of
December 31, 2025
    
Shares as of
December 31, 2025
    
Income
    
Capital Gain Distributions from Underlying Funds
  
Amplify Seymour Cannabis ETF
  
$
93,053,212
    
$
2,081,290
    
$
(7,190,000
)
  
$
939,456
    
$
(4,557,367
)
  
$
84,326,591
      
2,972,386
    
$
–
    
$
–