# EDGAR Filing Document

**Accession Number:** 0001750821
**File Stem:** 0001752724-25-181803
**Filing Date:** 2025-7
**Character Count:** 46579
**Document Hash:** 06f10ebe0c66f658979bcf25eb62f1f9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181803.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181803

**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**: 20250531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Exchange Place Advisors Trust
- **CENTRAL INDEX KEY:** 0001750821

**ORGANIZATION NAME:**
- **EIN:** 462828241
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23373
- **FILM NUMBER:** 251159286

**BUSINESS ADDRESS:**
- **STREET 1:** 10 SOUTH LASALLE STREET, SUITE 1925
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** (312) 857-2160

**MAIL ADDRESS:**
- **STREET 1:** 10 SOUTH LASALLE STREET, SUITE 1925
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** North Square Investments Trust
- **DATE OF NAME CHANGE:** 20180821

## Series and Classes Contracts Data

### North Square Kennedy MicroCap Fund (Series ID: S000085358)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000250358 | Class I      | NKMCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Exchange Place Advisors Trust

- **b. Investment Company Act file number:** 811-23373

- **c. CIK number of Registrant:** 0001750821

- **d. LEI of Registrant:** 549300K2CKCXH4E67T58

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 200 West Madison St

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-857-2160

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

- **a. Name of Series:** NORTH SQUARE KENNEDY MICROCAP FUND

- **b. EDGAR series identifier (if any):** S000085358

- **c. LEI of Series:** 254900BMXJBHAAW6B729

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

- **a. Date of fiscal year-end:** 2025-05-31

- **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:** $21855467.51

**Total Liabilities:** $76251.68

**Net Assets:** $21779215.83

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000250358 | -8.04%               | -1.87%               | 6.73%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $73168.45                | $-1097320.80                               |
| Month 2  | $59693.03                | $-275898.98                                |
| Month 3  | $-17004.08               | $1383351.73                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Primis Financial Corp.              | Primis Financial Corp                    | CUSIP: 74167B109<br>LEI: 549300JNX3M2EENG1F11 | Long             | EC               | CORP              | US        |     16751 | NS      | $158631.97    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Atricure Inc                        | AtriCure Inc                             | CUSIP: 04963C209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9058 | NS      | $313135.06    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Foster(Lb)& Co                      | LB Foster Co.                            | CUSIP: 350060109<br>LEI: 549300AUUJGJ2T2L2179 | Long             | EC               | CORP              | US        |       139 | NS      | $2625.71      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X Inc                             | V2X Inc.                                 | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3515 | NS      | $159159.20    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrett Business Services Inc.      | Barrett Business Services, Inc.          | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |      8340 | NS      | $344650.50    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Elutia Inc                          | Elutia Inc                               | CUSIP: 05479K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45258 | NS      | $81464.40     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Xeris Biopharma Holdings Inc        | Xeris Biopharma Holdings Inc             | CUSIP: 98422E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23015 | NS      | $113694.10    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Abeona Therapeutics Inc.            | Abeona Therapeutics, Inc.                | CUSIP: 00289Y206<br>LEI: 54930002Z8PIJRCB4576 | Long             | EC               | CORP              | US        |     20890 | NS      | $130353.60    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Personalis Inc                      | Personalis, Inc.                         | CUSIP: 71535D106<br>LEI: 549300EZ2NYFK7H0US48 | Long             | EC               | CORP              | US        |     20745 | NS      | $96049.35     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CorMedix Inc.                       | CorMedix Inc                             | CUSIP: 21900C308<br>LEI: 5299006YIA3L0MBW8358 | Long             | EC               | CORP              | US        |     13066 | NS      | $158621.24    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Amerant Bancorp Inc.                | Amerant Bancorp Inc                      | CUSIP: 023576101<br>LEI: 54930071V6LIG79MTL10 | Long             | EC               | CORP              | US        |     11485 | NS      | $201332.05    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Orthopediatrics Corp.               | OrthoPediatrics Corp                     | CUSIP: 68752L100<br>LEI: 5493000KUTPFGOPAT717 | Long             | EC               | CORP              | US        |      6122 | NS      | $122195.12    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Materion Corp                       | Materion Corp.                           | CUSIP: 576690101<br>LEI: 549300CJ5RI351SUYT02 | Long             | EC               | CORP              | US        |      1587 | NS      | $122881.41    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Aerospace Corporation          | Park Aerospace Corp                      | CUSIP: 70014A104<br>LEI: 5299004AG0G7IB636095 | Long             | EC               | CORP              | US        |     11371 | NS      | $155214.15    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviat Networks Inc.                 | Aviat Networks, Inc.                     | CUSIP: 05366Y201<br>LEI: 549300Z3X8Z4MK52CI65 | Long             | EC               | CORP              | US        |     12927 | NS      | $277284.15    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Koppers Holdings Inc                | Koppers Holdings, Inc.                   | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4501 | NS      | $138270.72    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Timberland Bancorp inc.             | Timberland Bancorp, Inc./WA              | CUSIP: 887098101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6509 | NS      | $198068.87    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Matthews International Corp         | Matthews International Corp.             | CUSIP: 577128101<br>LEI: 549300ZVC5O0ATML6U61 | Long             | EC               | CORP              | US        |      2505 | NS      | $53732.25     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Advantage Solutions Inc             | Advantage Solutions Inc                  | CUSIP: 00791N102<br>LEI: 549300Y4WXMN9L59RU18 | Long             | EC               | CORP              | US        |     40407 | NS      | $48084.33     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Second Bancorp Inc.             | Old Second Bancorp, Inc.                 | CUSIP: 680277100<br>LEI: 549300XVJC1MPUT81C04 | Long             | EC               | CORP              | US        |     18130 | NS      | $299870.20    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Day One Biopharmaceuticals Inc.     | Day One Biopharmaceuticals Inc           | CUSIP: 23954D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13505 | NS      | $86161.90     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens & Minor Inc                   | Owens & Minor, Inc.                      | CUSIP: 690732102<br>LEI: 549300LMT5KQQXCEZ733 | Long             | EC               | CORP              | US        |     16318 | NS      | $107698.80    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Easterly Government Properties Inc  | Easterly Government Properties, Inc.     | CUSIP: 27616P301<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               | CORP              | US        |      9217 | NS      | $200285.41    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Avadel Pharmaceuticals PLC          | Avadel Pharmaceuticals PLC               | CUSIP: G29687103<br>LEI: 549300E27PTSG2RHC762 | Long             | EC               | CORP              | IE        |     10335 | NS      | $94151.85     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Capital Inc.                | Trinity Capital Inc                      | CUSIP: 896442308<br>LEI: 549300YGT4SBRQYDVU48 | Long             | EC               | RF                | US        |     11913 | NS      | $173453.28    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentherm Inc                        | Gentherm, Inc.                           | CUSIP: 37253A103<br>LEI: HKM6YX1U5JS60TCUB219 | Long             | EC               | CORP              | US        |      4127 | NS      | $112935.36    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Janux Therapeutics Inc              | Janux Therapeutics Inc                   | CUSIP: 47103J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1203 | NS      | $28631.40     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Legacy Education Inc                | Legacy Education Inc                     | CUSIP: 52474R207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18580 | NS      | $167963.20    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter Bankshares Inc.              | Carter Bankshares Inc.                   | CUSIP: 146103106<br>LEI: 549300SO0M022D8D8358 | Long             | EC               | CORP              | US        |     11690 | NS      | $192300.50    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Kornit Digital Limited              | Kornit Digital Ltd.                      | CUSIP: M6372Q113<br>LEI: 5299006DPCQWP3VTFK34 | Long             | EC               | CORP              | IL        |      6431 | NS      | $140195.80    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion Group Holdings Inc            | Orion Group Holdings, Inc.               | CUSIP: 68628V308<br>LEI: 549300KBVXPV9Q3CT222 | Long             | EC               | CORP              | US        |     18489 | NS      | $152349.36    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Third Coast Bancshares Inc.         | Third Coast Bancshares Inc.              | CUSIP: 88422P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12714 | NS      | $389811.24    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| PowerFleet Inc.                     | Powerfleet Inc NJ                        | CUSIP: 73931J109<br>LEI: 2549007NKEFPYEH4MF81 | Long             | EC               | CORP              | US        |     48591 | NS      | $221089.05    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CRA International Inc.              | CRA International, Inc.                  | CUSIP: 12618T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       562 | NS      | $106808.10    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| American Superconductor Corp.       | American Superconductor Corp.            | CUSIP: 030111207<br>LEI: 549300S9YT8Z8LOK4452 | Long             | EC               | CORP              | US        |      8886 | NS      | $251118.36    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Motion Technology Corp.     | Silicon Motion Technology Corp.          | CUSIP: 82706C108<br>LEI: 5299005RBVBZQJTYFC89 | Long             | EC               | CORP              | KY        |      1980 | NS      | $121176.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Nature's Sunshine Products Inc.     | NATURE'S SUNSHINE PRODUCTS, INC.         | CUSIP: 639027101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11946 | NS      | $184685.16    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnite Inc                         | Magnite, Inc.                            | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |      5716 | NS      | $93513.76     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| FARO Technologies Inc.              | FARO Technologies, Inc.                  | CUSIP: 311642102<br>LEI: 529900MFEFNOFP3YR823 | Long             | EC               | CORP              | US        |      4844 | NS      | $205240.28    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Puma Biotechnology Inc              | Puma Biotechnology, Inc.                 | CUSIP: 74587V107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49955 | NS      | $163852.40    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Lending Club Corporation            | LendingClub Corp.                        | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |      8407 | NS      | $84322.21     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| FiscalNote Holdings Inc             | FiscalNote Holdings Inc                  | CUSIP: 337655104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1261 | NS      | $755.72       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlanticus Holdings Corp.           | Atlanticus Holdings Corp.                | CUSIP: 04914Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3877 | NS      | $190166.85    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Exagen Inc                          | Exagen Inc                               | CUSIP: 30068X103<br>LEI: 549300JV2CYDOME5OO17 | Long             | EC               | CORP              | US        |     23260 | NS      | $161657.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group Inc.      | Healthcare Services Group, Inc.          | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |      7551 | NS      | $106469.10    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Red Violet Inc                      | Red Violet Inc                           | CUSIP: 75704L104<br>LEI: 549300T4EGADG881UU63 | Long             | EC               | CORP              | US        |      7531 | NS      | $365705.36    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Audioeye Inc                        | AudioEye Inc                             | CUSIP: 050734201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10118 | NS      | $123641.96    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Energy Infrastructure Inc   | Solaris Energy Infrastructure, Inc.      | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |      7403 | NS      | $203064.29    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Chefs Warehouse Inc.                | Chefs' Warehouse, Inc./The               | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |      6413 | NS      | $409021.14    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| OptimizeRx Corp.                    | OptimizeRx Corp                          | CUSIP: 68401U204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15244 | NS      | $185062.16    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan International, Inc.           | Titan International, Inc.                | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |      7816 | NS      | $56587.84     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc Of California Inc.             | Banc of California, Inc.                 | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |     10440 | NS      | $143236.80    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Immunome Inc                        | Immunome Inc                             | CUSIP: 45257U108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13767 | NS      | $120598.92    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspired Entertainment Inc.         | Inspired Entertainment Inc               | CUSIP: 45782N108<br>LEI: 549300ZUGYK6NBIU6D69 | Long             | EC               | CORP              | US        |     11251 | NS      | $87982.82     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies Inc.           | Axcelis Technologies, Inc.               | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |      1980 | NS      | $111553.20    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| James River Group Holdings Ltd.     | James River Group Holdings, Ltd.         | CUSIP: G5005R107<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     14171 | NS      | $82475.22     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Praxis Precision Medicines Inc      | Praxis Precision Medicines Inc           | CUSIP: 74006W207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1433 | NS      | $55242.15     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| VYNE Therapeutics Inc               | VYNE Therapeutics, Inc.                  | CUSIP: 92941V308<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71512 | NS      | $67936.40     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Verona Pharma Plc                   | Verona Pharma PLC                        | CUSIP: 925050106<br>LEI: 213800EVI6O6J3TIAL06 | Long             | EC               | CORP              | GB        |      1081 | NS      | $87777.20     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Technical Institute, Inc. | Universal Technical Institute Inc        | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |     10636 | NS      | $377897.08    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Asure Software Inc                  | ASURE SOFTWARE, INC                      | CUSIP: 04649U102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17723 | NS      | $171913.10    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Helix Energy Solutions Group, Inc.  | Helix Energy Solutions Group, Inc.       | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |     20852 | NS      | $129073.88    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                       | iShares Micro-Cap ETF                    | CUSIP: 464288869<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |       826 | NS      | $98828.84     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp.                           | VSE CORPORATION                          | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |       575 | NS      | $74801.75     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneridge Inc.                     | Stoneridge, Inc.                         | CUSIP: 86183P102<br>LEI: PNBCIH9LE7WI83VJIF08 | Long             | EC               | CORP              | US        |      8806 | NS      | $44206.12     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Crawford & Co                       | Crawford & Co                            | CUSIP: 224633206<br>LEI: 7TZZFJ2GPOGLWIKIXY82 | Long             | EC               | CORP              | US        |     23334 | NS      | $242440.26    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilon Health Inc                   | agilon health Inc.                       | CUSIP: 00857U107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17317 | NS      | $38443.74     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Aldeyra Therapeutics Inc            | Aldeyra Therapeutics Inc                 | CUSIP: 01438T106<br>LEI: 529900HGKY864E4Y9014 | Long             | EC               | CORP              | US        |     11655 | NS      | $25058.25     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Tiptree Inc.                        | TIPTREE FINANCIAL INC.                   | CUSIP: 88822Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12626 | NS      | $280044.68    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Tandem Diabetes Care Inc            | Tandem Diabetes Care, Inc.               | CUSIP: 875372203<br>LEI: 549300JEPFOD0K4D3I05 | Long             | EC               | CORP              | US        |      5190 | NS      | $102865.80    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Thryv Holdings Inc.                 | Thryv Holdings Inc                       | CUSIP: 886029206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10832 | NS      | $144065.60    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions Inc               | Penguin Solutions, Inc.                  | CUSIP: G8232Y101<br>LEI: 529900RDGHQY8XKXPN14 | Long             | EC               | CORP              | KY        |      8052 | NS      | $143003.52    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Oruka Therapeutics Inc              | Oruka Therapeutics Inc                   | CUSIP: 687604108<br>LEI: 529900TG7O4ESUDMGI54 | Long             | EC               | CORP              | US        |      3560 | NS      | $39017.60     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Resource Holding Corporation  | Quest Resource Holding Corp              | CUSIP: 74836W203<br>LEI: 54930088J62L2GTB0F58 | Long             | EC               | CORP              | US        |     23801 | NS      | $52362.20     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.           | First American Treasury Obligations Fund | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   1115518 | PA      | $1115518.03   | 5.12%             |  |  |  | No            |                  1 | On Loan: No      |
| US Physical Therapy Inc             | US Physical Therapy, Inc.                | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Long             | EC               | CORP              | US        |      1806 | NS      | $135431.94    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Playags Inc                         | PlayAGS, Inc.                            | CUSIP: 72814N104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19171 | NS      | $234269.62    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolent Health, Inc.                | Evolent Health, Inc.                     | CUSIP: 30050B101<br>LEI: 549300CZOCFHQ2BBTR11 | Long             | EC               | CORP              | US        |     15027 | NS      | $111951.15    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Riley Exploration Permian Inc.      | Riley Exploration Permian Inc            | CUSIP: 76665T102<br>LEI: 5493008CUBI02XP43Q95 | Long             | EC               | CORP              | US        |      7762 | NS      | $199172.92    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovid Therapeutics Inc               | Ovid therapeutics Inc                    | CUSIP: 690469101<br>LEI: 549300H36NUI4L6U8F17 | Long             | EC               | CORP              | US        |     39014 | NS      | $10619.61     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Perella Weinberg Partners           | Perella Weinberg Partners                | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5043 | NS      | $87596.91     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Adaptive Biotechnologies Corp       | Adaptive Biotechnologies Corp.           | CUSIP: 00650F109<br>LEI: 549300ZTF7OT1FW66Q96 | Long             | EC               | CORP              | US        |     21682 | NS      | $206412.64    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Southland Holdings Inc.             | Southland Holdings Inc                   | CUSIP: 84445C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1967 | NS      | $7631.96      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Abacus Global Management Inc.       | Abacus Life Inc                          | CUSIP: 00258Y104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38567 | NS      | $298122.91    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings Inc          | THERMON GROUP HOLDINGS                   | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |      5939 | NS      | $154057.66    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Plymouth Industrial REIT Inc.       | Plymouth Industrial REIT Inc.            | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8462 | NS      | $137084.40    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Werner Enterprises Inc.             | Werner Enterprises                       | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |      6134 | NS      | $159177.30    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogent Biosciences Inc.             | Cogent Biosciences, Inc.                 | CUSIP: 19240Q201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14738 | NS      | $80174.72     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Investar Holding Corp               | Investar Holding Corp.                   | CUSIP: 46134L105<br>LEI: 54930001EK2YM28LOJ08 | Long             | EC               | CORP              | US        |     12040 | NS      | $228880.40    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kelly Services Inc                  | Kelly Services, Inc.                     | CUSIP: 488152208<br>LEI: 25490035B2ZPL6RM1974 | Long             | EC               | CORP              | US        |      8295 | NS      | $97217.40     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Arvinas Inc                         | Arvinas, Inc.                            | CUSIP: 04335A105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10986 | NS      | $79099.20     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| LSB Industries Inc                  | LSB Industries, Inc.                     | CUSIP: 502160104<br>LEI: 5493001H215A0HG0MI71 | Long             | EC               | CORP              | US        |     15094 | NS      | $114261.58    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CTO Realty Growth Inc New           | CTO Realty Growth Inc.                   | CUSIP: 22948Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10036 | NS      | $184863.12    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Oportun Financial Corp.             | Oportun Financial Corp.                  | CUSIP: 68376D104<br>LEI: 549300351Y4J4FKIOR78 | Long             | EC               | CORP              | US        |     33833 | NS      | $224989.45    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NV5 Global Inc.                     | NV5 Global, Inc.                         | CUSIP: 62945V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4454 | NS      | $98433.40     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Corp.               | First Financial Corp.                    | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2278 | NS      | $118091.52    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Northeast Bank                      | Northeast Bank                           | CUSIP: 66405S100<br>LEI: 549300F0LV9TSW34E306 | Long             | EC               | CORP              | US        |      5613 | NS      | $470537.79    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| LSI Industries Inc.                 | LSI INDUSTRIES INC.                      | CUSIP: 50216C108<br>LEI: 529900HY42OANH6BVT33 | Long             | EC               | CORP              | US        |      4046 | NS      | $65828.42     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Verastem Inc                        | Verastem Inc                             | CUSIP: 92337C203<br>LEI: 549300IY0EFBIU8NQC81 | Long             | EC               | CORP              | US        |      9392 | NS      | $70627.84     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corp.             | Coastal Financial Corp/WA                | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |      1512 | NS      | $132889.68    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| MRC Global Inc                      | MRC Global, Inc.                         | CUSIP: 55345K103<br>LEI: 529900TSBPOLCLI2L582 | Long             | EC               | CORP              | US        |     25336 | NS      | $314419.76    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnachip Semiconductor Corp.       | Magnachip Semiconductor Corp.            | CUSIP: 55933J203<br>LEI: 529900P54J1ATLRBUV29 | Long             | EC               | CORP              | KR        |      9392 | NS      | $33905.12     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Group, Inc.                 | Triumph Group, Inc.                      | CUSIP: 896818101<br>LEI: 5493007L6S47Q14SL582 | Long             | EC               | CORP              | US        |      4242 | NS      | $109401.18    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Capricor Therapeutics Inc           | Capricor Therapeutics Inc                | CUSIP: 14070B309<br>LEI: 5493002ZI5PDLXV4DX14 | Long             | EC               | CORP              | US        |      4476 | NS      | $44267.64     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Health Catalyst Inc.                | Health Catalyst Inc                      | CUSIP: 42225T107<br>LEI: 549300223PL6GWKVJG92 | Long             | EC               | CORP              | US        |     35650 | NS      | $135470.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Delcath Systems Inc.                | Delcath Systems Inc                      | CUSIP: 24661P807<br>LEI: 549300NVPLITUM6URT02 | Long             | EC               | CORP              | US        |     16452 | NS      | $266686.92    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid Penn Bancorp Inc.               | Mid Penn Bancorp, Inc.                   | CUSIP: 59540G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4113 | NS      | $109611.45    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Lifevantage Corp                    | LIFEVANTAGE CORPORATION                  | CUSIP: 53222K205<br>LEI: 5493001Z5YYT109QZ980 | Long             | EC               | CORP              | US        |      5065 | NS      | $66098.25     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Spartannash Co.                     | SpartanNash Co.                          | CUSIP: 847215100<br>LEI: 549300TV3QCCSQLF5X16 | Long             | EC               | CORP              | US        |      2941 | NS      | $57231.86     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital Bancorp Inc.                | Capital Bancorp Inc                      | CUSIP: 139737100<br>LEI: 549300LQKYGWQ7VP0C75 | Long             | EC               | CORP              | US        |     11848 | NS      | $382690.40    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                             | AZZ, Inc.                                | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |      2405 | NS      | $218109.45    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimas Corporation                  | TriMas Corp.                             | CUSIP: 896215209<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | EC               | CORP              | US        |     17950 | NS      | $473341.50    | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AdaptHealth Corporation             | AdaptHealth Corp                         | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25614 | NS      | $230013.72    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| KEY Tronic Corp                     | KEY Tronic Corp                          | CUSIP: 493144109<br>LEI: 40TF3VPKEM3IMMIU0O47 | Long             | EC               | CORP              | US        |     15608 | NS      | $45107.12     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunopta Inc                         | SunOpta, Inc.                            | CUSIP: 8676EP108<br>LEI: 54930010CP0KEPPRPA40 | Long             | EC               | CORP              | CA        |     45140 | NS      | $281673.60    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Artivion Inc                        | Artivion Inc                             | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |     16942 | NS      | $501144.36    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| American Vanguard Corp.             | American Vanguard Corp.                  | CUSIP: 030371108<br>LEI: 529900GWI78WZA5M9783 | Long             | EC               | CORP              | US        |     16856 | NS      | $82931.52     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Bioventus Inc.                      | Bioventus, Inc.                          | CUSIP: 09075A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16584 | NS      | $107464.32    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| P3 Health Partners Inc              | P3 Health Partners Inc.                  | CUSIP: 744413204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       733 | NS      | $5365.56      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries Inc.             | Insteel Industries, Inc.                 | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |      4215 | NS      | $147609.30    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| TruBridge, Inc.                     | Computer Programs & Systems, Inc.        | CUSIP: 205306103<br>LEI: 5493005Q6CJC78TGL805 | Long             | EC               | CORP              | US        |      8467 | NS      | $202615.31    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Versabank New                       | VersaBank                                | CUSIP: 92512J106<br>LEI: 549300RUBSDFVNCR7415 | Long             | EC               | CORP              | US        |      6967 | NS      | $81026.21     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern States Bancshares, Inc.    | Southern States Bancshares Inc           | CUSIP: 843878307<br>LEI: 54930074ZMW7KARTWQ27 | Long             | EC               | CORP              | US        |     17032 | NS      | $587433.68    | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Annexon Inc                         | Annexon Inc                              | CUSIP: 03589W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16574 | NS      | $33810.96     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Upbound Group Inc                   | Upbound Group, Inc.                      | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |      3243 | NS      | $74394.42     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Chatham Lodging Trust               | Chatham Lodging Trust                    | CUSIP: 16208T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35753 | NS      | $254918.89    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Bancorp Inc                  | Origin Bancorp Inc                       | CUSIP: 68621T102<br>LEI: 54930055DO2Z4KO3NB45 | Long             | EC               | CORP              | US        |      5874 | NS      | $200244.66    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Mind Technology Inc                 | MIND Technology, Inc.                    | CUSIP: 602566309<br>LEI: 549300JBV7RJ5ZY83U38 | Long             | EC               | CORP              | LU        |     36491 | NS      | $221500.37    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewell Personal Care Co           | Edgewell Personal Care Co.               | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |      4117 | NS      | $113711.54    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Rev Group Inc                       | REV Group, Inc.                          | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |      9494 | NS      | $355930.06    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Oil States International, Inc.      | Oil States International, Inc.           | CUSIP: 678026105<br>LEI: 5493004TF4KQJGMYL777 | Long             | EC               | CORP              | US        |     22156 | NS      | $96378.60     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| California BanCorp                  | Southern California Bancorp              | CUSIP: 84252A106<br>LEI: 549300Z6CP542EI9L684 | Long             | EC               | CORP              | US        |     12753 | NS      | $190529.82    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-31

**Name of Applicant:** Exchange Place Advisors Trust

**Signature:** Zachary Richmond

**Name of Signer:** Zachary Richmond

**Title:** Treasurer