# EDGAR Filing Document

**Accession Number:** 0001587551
**File Stem:** 0001752724-25-183045
**Filing Date:** 2025-7
**Character Count:** 36358
**Document Hash:** 7c028b7388ffbe15c8fb0c499ccf1887
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-183045.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001752724-25-183045

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Capitol Series Trust
- **CENTRAL INDEX KEY:** 0001587551

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22895
- **FILM NUMBER:** 251164504

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 5135873447

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Oak Harvest Long/Short Hedged Equity Fund (Series ID: S000083414)

| Class ID   | Class Name                                                       | Ticker Symbol   |
|:---|:---|:---|
| C000247025 | Oak Harvest Long/Short Hedged Equity Fund - Institutional Shares | OHFGX           |

## Nport-Ex

Oak

Harvest

Long/Short

Hedged

Equity

Fund

Schedule

of

Investments

May

31,

2025

(Unaudited)

COMMON

STOCKS

-

LONG

—

100.51%

Shares

Fair

Value

Communications

—

10.54%

Angi,

Inc.

(a) 50,000

$

782,500

Electronic

Arts,

Inc.

7,500

1,078,350

GoDaddy,

Inc.,

Class

A

(a) 5,000

910,750

Meta

Platforms,

Inc.,

Class

A

2,500

1,618,725

Netflix,

Inc.

(a) 1,000

1,207,230

Spotify

Technology

SA

(a) (b) 2,000

1,330,280

Walt

Disney

Co.

(The)

6,000

678,240

7,606,075

Consumer

Discretionary

—

14.05%

Alibaba

Group

Holding

Ltd.

-

ADR

(b) 15,000

1,707,600

Amazon.com,

Inc.

(a) (b) 11,000

2,255,110

Chewy,

Inc.,

Class

A

(a) 25,000

1,131,250

Home

Depot,

Inc.

(The)

3,000

1,104,870

Texas

Roadhouse,

Inc.

5,500

1,073,655

Wingstop,

Inc.

2,500

854,250

Wynn

Resorts

Ltd.

13,750

1,244,925

Yum

China

Holdings,

Inc.

17,500

763,875

10,135,535

Consumer

Staples

—

1.18%

BJ's

Wholesale

Club

Holdings,

Inc.

(a) 7,500

849,075

Energy

—

1.94%

TechnipFMC

PLC

(b) 45,000

1,401,750

Financials

—

16.28%

BlackRock,

Inc.

(b) 2,250

2,204,753

Charles

Schwab

Corp.

(The)

18,000

1,590,120

JPMorgan

Chase

&

Co.

8,500

2,244,000

Morgan

Stanley

19,500

2,496,585

Northern

Trust

Corp.

12,000

1,280,880

PNC

Financial

Services

Group,

Inc.

(The)

7,000

1,216,670

Progressive

Corp.

(The)

2,500

712,325

11,745,333

Health

Care

—

14.98%

Abbott

Laboratories

11,000

1,469,380

Boston

Scientific

Corp.

(a) 15,000

1,578,900

Cardinal

Health,

Inc.

9,000

1,389,960

Edwards

LifeSciences

Corp.

(a) 15,000

1,173,300

Eli

Lilly

&

Co.

1,000

737,670

Intuitive

Surgical,

Inc.

(a) (b) 3,000

1,657,020

Labcorp

Holdings,

Inc.

4,000

995,880

Qiagen

NV

(a) 40,000

1,805,200

10,807,310

Industrials

—

8.69%

Boeing

Co.

(The)

(a) 6,000

1,243,920

Cognex

Corp.

25,000

749,250

Comfort

Systems

USA,

Inc.

2,000

956,460

Deere

&

Co.

2,000

1,012,520

Oak

Harvest

Long/Short

Hedged

Equity

Fund

Schedule

of

Investments

(continued)

May

31,

2025

(Unaudited)

COMMON

STOCKS

-

LONG

—

100.51%

-

continued

Shares

Fair

Value

Industrials

—

8.69%

-

continued

LegalZoom.com,

Inc.

(a) 75,000

$

684,750

Vertiv

Holdings

Co.,

Class

A

15,000

1,618,950

6,265,850

Materials

—

1.22%

Agnico

Eagle

Mines

Ltd.

2,500

294,975

Cameco

Corp.

10,000

585,300

880,275

Technology

—

31.63%

Analog

Devices,

Inc.

(b) 5,000

1,069,900

Apple,

Inc.

(b) 10,500

2,108,925

ASML

Holding

N.V.

1,750

1,289,347

Broadcom,

Inc.

5,000

1,210,350

Celestica,

Inc.

(a) 7,500

865,350

Ciena

Corp.

(a) 10,000

800,600

Crowdstrike

Holdings,

Inc.,

Class

A

(a) 1,500

707,055

DocuSign,

Inc.

(a) 15,000

1,329,150

F5,

Inc.

(a) 4,000

1,141,520

Fabrinet

(a) 4,000

931,480

Freshworks,

Inc.,

Class

A

(a) 125,000

1,908,750

HubSpot,

Inc.

(a) 2,000

1,179,800

Monolithic

Power

Systems,

Inc.

1,200

794,280

Nvidia

Corp.

(b) 12,500

1,689,125

Okta,

Inc.

(a) 5,000

515,850

Palantir

Technologies,

Inc.,

Class

A

(a) 7,500

988,350

Salesforce,

Inc.

5,000

1,326,850

Snowflake,

Inc.,

Class

A

(a) 5,800

1,192,886

Twilio,

Inc.,

Class

A

(a) 15,000

1,765,500

22,815,068

Total

COMMON

STOCKS

-

LONG

(Cost $63,372,045)

72,506,271

Description

Number

of

Contracts

Notional

Amount

Exercise

Price

Expiration

Date

PURCHASED

OPTIONS

—

1.68%

PURCHASED

PUT

OPTIONS

—

1.25%

Alibaba

Group

Holding

Ltd.

$

1,707,600

$

115.00 6/23/2025

$

71,700

Invesco

QQQ

Trust

Series

500

25,955,500

513.00 6/23/2025

347,500

SPDR®

S&P

500®

ETF

Trust

900

53,045,100

578.00 6/23/2025

480,600

Total

Purchased

Put

Options

(Cost

$1,112,805)

899,800

PURCHASED

CALL

OPTIONS

—

0.43%

Amazon.com,

Inc.

$

2,050,100

$

205.00 6/23/2025

$

58,600

Apple,

Inc.

3,012,750

200.00 6/23/2025

98,100

Starbucks

Corp.

1,679,000

85.00 6/23/2025

42,000

Teva

Pharmaceutical

Industries

Ltd.

750

1,258,500

18.00 6/23/2025

16,500

VanEck

Semiconductor

ETF

7,192,500

250.00 6/23/2025

100,500

Total

Purchased

Call

Options

(Cost

$433,914)

315,700

Oak

Harvest

Long/Short

Hedged

Equity

Fund

Schedule

of

Investments

(continued)

May

31,

2025

(Unaudited)

PURCHASED

CALL

OPTIONS

—

0.43%

-

continued

Total

Purchased

Options

(Cost

$1,546,719)

$

1,215,500

Total

Investments

—

102.19%

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$64,918,764)

73,721,771

Liabilities

in

Excess

of

Other

Assets — (2.19)%

(1,583,394)

NET

ASSETS

—

100.00%

$

72,138,377

(a) Non-income

producing

security.

(b) All

or

a

portion

of

the

security

is

held

as

collateral

for

written

options

and

securities

sold

short.

The

fair

value

of

this

collateral

on

May

31,

2025

was

$1,495,370.

ADR

-

American

Depositary

Receipt

ETF

-

Exchange-Traded

Fund

SPDR

-

Standard

&

Poor's

Depositary

Receipt

Oak

Harvest

Long/Short

Hedged

Equity

Fund

Schedule

of

Securities

Sold

Short

May

31,

2025

(Unaudited)

COMMON

STOCKS

-

SHORT

—

(6.56)%

Shares

Fair

Value

Consumer

Discretionary

-

(3.88)%

Airbnb,

Inc.,

Class

A

(a) (4,000)

$

(516,000)

Carvana

Co.

(a) (2,500)

(817,900)

Live

Nation

Entertainment,

Inc.

(a) (6,000)

(823,140)

SharkNinja,

Inc.

(a) (7,000)

(643,510)

(2,800,550)

Consumer

Staples

-

(1.78)%

Coca-Cola

Co.

(The)

(5,000)

(360,500)

Hims

&

Hers

Health,

Inc.

(a) (5,000)

(282,800)

Monster

Beverage

Corp.

(a) (10,000)

(639,500)

(1,282,800)

Financials

-

(0.90)%

OneMain

Holdings,

Inc.

(12,500)

(648,000)

Total

Common

Stocks -

Short

(Proceeds

Received $4,578,922)

(4,731,350)

Total

Securities

Sold

Short

—

(6.56)%

(Proceeds

Received

$4,578,922)

$

(4,731,350)

(a) Non-income

producing

security.

Oak

Harvest

Long/Short

Hedged

Equity

Fund

Schedule

of

Written

Options

May

31,

2025

(Unaudited)

Description

Number

of

Contracts

Notional

Amount

Exercise

Price

Expiration

Date

Fair

Value

WRITTEN

OPTIONS

-

(0.01)%

WRITTEN

CALL

OPTIONS

-

(0.01)%

Broadcom,

Inc.

(20) $

(484,140)

$

255.00 6/9/2025

$

(10,400)

Total

Written

Call

Options

(Premiums

Received

$8,269)

(10,400)

Total

Written

Options

(Premiums

Received

$8,269)

$

(10,400)

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Capitol Series Trust

- **b. Investment Company Act file number:** 811-22895

- **c. CIK number of Registrant:** 0001587551

- **d. LEI of Registrant:** 549300MZI5K7U8BD2Q02

- **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:** 513-587-3400

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

- **a. Name of Series:** OAK HARVEST LONG/SHORT HEDGED EQUITY

- **b. EDGAR series identifier (if any):** S000083414

- **c. LEI of Series:** 529900PEEQ4IP4TXKH33

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

- **a. Date of fiscal year-end:** 2025-08-31

- **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:** $78212325.75

**Total Liabilities:** $6073948.45

**Net Assets:** $72138377.30

**Cash Not Reported:** $2077266.07

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000247025 | -8.15%               | 3.46%                | 3.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1219027.53             | $-4264702.83                               |
| Month 2  | $-238294.39              | $1690259.99                                |
| Month 3  | $703984.74               | $4477052.75                                |

**Designated Index Information**

- **Index Name:** S&P 500 (TR)

- **Index Identifier:** 500TR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| The Progressive Corporation       | Progressive Corp./The                                    | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      2500 | NS      | $712325.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation    | Charles Schwab Corp./The                                 | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     18000 | NS      | $1590120.00   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                 | ASML Holding NV - NY Reg Shares                          | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      1750 | NS      | $1289347.50   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                   | salesforce.com, Inc.                                     | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      5000 | NS      | $1326850.00   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum China Holdings Inc.           | Yum China Holdings, Inc.                                 | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |     17500 | NS      | $763875.00    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION  | Alibaba Group Holding Ltd. Put @ 115, Expiring June 2025 | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |       150 | NS      | $71700.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc.               | Analog Devices, Inc.                                     | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      5000 | NS      | $1069900.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION  | Amazon Com Inc. Call @ 205, Expiring June 2025           | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |       100 | NS      | $58600.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corporation  | Edwards LifeSciences Corp.                               | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |     15000 | NS      | $1173300.00   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                | Meta Platforms, Inc.                                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2500 | NS      | $1618725.00   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc              | Labcorp Holdings, Inc.                                   | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $995880.00    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Celestica Inc.                    | Celestica, Inc.                                          | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |      7500 | NS      | $865350.00    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd.        | Alibaba Group Holding Ltd.                               | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |     15000 | NS      | $1707600.00   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognex Corp                       | Cognex Corp.                                             | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               | CORP              | US        |     25000 | NS      | $749250.00    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubspot Inc                       | HubSpot, Inc.                                            | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      2000 | NS      | $1179800.00   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| LegalZoom.Com Inc.                | Legalzoom.com, Inc.                                      | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |     75000 | NS      | $684750.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                        | Carvana Co.                                              | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Short            | EC               | CORP              | US        |     -2500 | NS      | $-817900.00   | -1.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                        | Twilio, Inc.                                             | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |     15000 | NS      | $1765500.00   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshworks Inc                    | Freshworks, Inc.                                         | CUSIP: 358054104<br>LEI: 254900ULRGCUEIK0K191 | Long             | EC               | CORP              | US        |    125000 | NS      | $1908750.00   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.           | Intuitive Surgical, Inc.                                 | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      3000 | NS      | $1657020.00   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment, Inc.   | Live Nation Entertainment, Inc.                          | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Short            | EC               | CORP              | US        |     -6000 | NS      | $-823140.00   | -1.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corporation     | Boston Scientific Corp.                                  | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     15000 | NS      | $1578900.00   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                      | Broadcom, Inc.                                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      5000 | NS      | $1210350.00   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                            | F5, Inc.                                                 | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |      4000 | NS      | $1141520.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories               | Abbott Laboratories                                      | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     11000 | NS      | $1469380.00   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ Wholesale Club Holdings Inc    | BJ's Wholesale Club Holdings, Inc.                       | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      7500 | NS      | $849075.00    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc.     | Monolithic Power Systems, Inc.                           | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      1200 | NS      | $794280.00    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION  | Starbucks Corp. Call @ 85, Expiring June 2025            | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |       200 | NS      | $42000.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts Limited              | Wynn Resorts Ltd.                                        | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |     13750 | NS      | $1244925.00   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                   | Deere & Co.                                              | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      2000 | NS      | $1012520.00   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc          | Crowdstrike Holdings, Inc.                               | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      1500 | NS      | $707055.00    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Angi Inc                          | Angi Inc                                                 | CUSIP: 00183L201<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |     50000 | NS      | $782500.00    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology S.A.           | Spotify Technology SA                                    | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |      2000 | NS      | $1330280.00   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                      | NVIDIA Corp.                                             | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     12500 | NS      | $1689125.00   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION  | Teva Pharmaceutical Inds Call @ 18, Expiring June 2025   | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |       750 | NS      | $16500.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                    | TechnipFMC PLC                                           | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |     45000 | NS      | $1401750.00   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc. | PNC Financial Services Group, Inc.                       | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |      7000 | NS      | $1216670.00   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                   | Eli Lilly & Co.                                          | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1000 | NS      | $737670.00    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                          | Fabrinet                                                 | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |      4000 | NS      | $931480.00    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.             | Cardinal Health, Inc.                                    | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      9000 | NS      | $1389960.00   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                     | Snowflake, Inc.                                          | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      5800 | NS      | $1192886.00   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc         | Palantir Technologies, Inc.                              | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      7500 | NS      | $988350.00    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                      | Wingstop, Inc.                                           | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |      2500 | NS      | $854250.00    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Godaddy Inc                       | GoDaddy, Inc.                                            | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      5000 | NS      | $910750.00    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                         | Chewy, Inc.                                              | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |     25000 | NS      | $1131250.00   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.              | JPMorgan Chase & Co.                                     | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      8500 | NS      | $2244000.00   | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc.                         | Okta, Inc.                                               | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |      5000 | NS      | $515850.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                      | DocuSign, Inc.                                           | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |     15000 | NS      | $1329150.00   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION  | Vaneck ETF Trust Call @ 250, Expiring June 2025          | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |       300 | NS      | $100500.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)                | Coca-Cola Co./The                                        | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Short            | EC               | CORP              | US        |     -5000 | NS      | $-360500.00   | -0.50%            |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                        | Airbnb, Inc.                                             | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Short            | EC               | CORP              | US        |     -4000 | NS      | $-516000.00   | -0.72%            |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                  | Amazon.com, Inc.                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     11000 | NS      | $2255110.00   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.              | Electronic Arts, Inc.                                    | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      7500 | NS      | $1078350.00   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                    | Morgan Stanley                                           | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     19500 | NS      | $2496585.00   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION  | Apple Inc Call @ 200, Expiring June 2025                 | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |       150 | NS      | $98100.00     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corporation                 | Ciena Corp.                                              | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     10000 | NS      | $800600.00    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd            | Agnico Eagle Mines Ltd.                                  | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |      2500 | NS      | $294975.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION  | Broadcom Inc. Call @ 255, Expiring June 2025             | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -20 | NS      | $-10400.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Apple Inc.                        | Apple, Inc.                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     10500 | NS      | $2108925.00   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| QIAGEN NV                         | QIAGEN NV                                                | CUSIP: N72482206<br>LEI: 54930036WK3GMCN17Z57 | Long             | EC               | CORP              | NL        |     40000 | NS      | $1805200.00   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health Inc            | Hims & Hers Health, Inc.                                 | CUSIP: 433000106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -5000 | NS      | $-282800.00   | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| OneMain Holdings Inc.             | OneMain Holdings, Inc.                                   | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Short            | EC               | CORP              | US        |    -12500 | NS      | $-648000.00   | -0.90%            |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc               | Texas Roadhouse, Inc.                                    | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      5500 | NS      | $1073655.00   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                               | BBH MMKT Dummy Sweep                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   2348282 | PA      | $2348281.96   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp             | Monster Beverage Corp.                                   | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Short            | EC               | CORP              | US        |    -10000 | NS      | $-639500.00   | -0.89%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION  | Invesco QQQ Put @ 513, Expiring June 2025                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |       500 | NS      | $347500.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc.          | Comfort Systems USA, Inc.                                | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      2000 | NS      | $956460.00    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corporation        | Northern Trust Corp.                                     | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     12000 | NS      | $1280880.00   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company               | Walt Disney Co./The                                      | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      6000 | NS      | $678240.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                | Vertiv Holdings Co.                                      | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     15000 | NS      | $1618950.00   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                   | Home Depot, Inc./The                                     | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      3000 | NS      | $1104870.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION  | SPDR S&P 500 ETF Trust Put @ 578, Expiring June 2025     | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |       900 | NS      | $480600.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Sharkninja Inc.                   | SharkNinja Inc                                           | CUSIP: G8068L108<br>LEI: N/A                  | Short            | EC               | CORP              | KY        |     -7000 | NS      | $-643510.00   | -0.89%            |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc.                    | Blackrock Inc                                            | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      2250 | NS      | $2204752.50   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corporation                | Cameco Corp.                                             | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     10000 | NS      | $585300.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| The Boeing Company                | Boeing Co./The                                           | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      6000 | NS      | $1243920.00   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                     | Netflix, Inc.                                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      1000 | NS      | $1207230.00   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Capitol Series Trust

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller