# EDGAR Filing Document

**Accession Number:** 0001547576
**File Stem:** 0002048251-25-002523
**Filing Date:** 2025-11
**Character Count:** 13324
**Document Hash:** 7aec8e149412394f8a2456238029a7f4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-25-002523.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0002048251-25-002523

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Krane Shares Trust
- **CENTRAL INDEX KEY:** 0001547576

**ORGANIZATION NAME:**
- **EIN:** 456861457
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22698
- **FILM NUMBER:** 251526918

**BUSINESS ADDRESS:**
- **STREET 1:** 280 PARK AVENUE
- **STREET 2:** 32ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-933-0393

**MAIL ADDRESS:**
- **STREET 1:** 280 PARK AVENUE
- **STREET 2:** 32ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

## Series and Classes Contracts Data

### KraneShares Mount Lucas Managed Futures Index Strategy ETF (Series ID: S000070143)

| Class ID   | Class Name                                                 | Ticker Symbol   |
|:---|:---|:---|
| C000223083 | KraneShares Mount Lucas Managed Futures Index Strategy ETF | KMLM            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Krane Shares Trust

- **b. Investment Company Act file number:** 811-22698

- **c. CIK number of Registrant:** 0001547576

- **d. LEI of Registrant:** 2549008E1DI99JHCCA80

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

  - **Street Address 1:** 280 Park Ave

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 2129330393

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

- **a. Name of Series:** KraneShares Mount Lucas Managed Futures Index Strategy ETF

- **b. EDGAR series identifier (if any):** S000070143

- **c. LEI of Series:** 549300PX8VC0XNHU3M82

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $182418903.19

**Total Liabilities:** $313117.02

**Net Assets:** $182105786.17

**Amount of Assets Invested in Other Investment Companies:** $31720234.80

**Cash Not Reported:** $29950049.11

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000223083 | 0.97%                | 2.18%                | -1.02%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-44399.00                                 |
| Month 2  | $0.00                    | $44089.85                                  |
| Month 3  | $0.00                    | $-1640.65                                  |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| United States of America                             | TREASURY BILL 0.000000% 10/02/2025                  | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $24997213.50  | 13.73%            | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | CHF CURRENCY FUT  DEC25 CURRENCY FUTURE.            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |       185 | NC      | $29306312.50  | 16.09%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | COPPER FUTURE     DEC25 PHYSICAL COMMODITY FUTURE.  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -87 | NC      | $-10562887.50 | -5.80%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | SUGAR #11 (WORLD) MAR26 PHYSICAL COMMODITY FUTURE.  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -645 | NC      | $-11991840.00 | -6.59%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | AUDUSD CRNCY FUT  DEC25 CURRENCY FUTURE.            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |       447 | NC      | $29600340.00  | 16.25%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | LIVE CATTLE FUTR  DEC25 PHYSICAL COMMODITY FUTURE.  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       128 | NC      | $12020480.00  | 6.60%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | NY HARB ULSD FUT  DEC25 PHYSICAL COMMODITY FUTURE.  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       130 | NC      | $12559638.00  | 6.90%             |  |  |  | No            |                  1 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland | LONG GILT FUTURE  DEC25 FINANCIAL COMMODITY FUTURE. | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |      -376 | NC      | $-45936171.08 | -25.22%           |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | SOYBEAN FUTURE    NOV25 PHYSICAL COMMODITY FUTURE.  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        11 | NC      | $550962.50    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | US 10YR ULTRA FUT DEC25 FINANCIAL COMMODITY FUTURE. | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       402 | NC      | $46261406.25  | 25.40%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | GASOLINE RBOB FUT DEC25 PHYSICAL COMMODITY FUTURE.  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       156 | NC      | $12283034.40  | 6.74%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | GOLD 100 OZ FUTR  DEC25 PHYSICAL COMMODITY FUTURE.  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        35 | NC      | $13556200.00  | 7.44%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | CORN FUTURE       DEC25 PHYSICAL COMMODITY FUTURE.  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -585 | NC      | $-12153375.00 | -6.67%            |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                             | TREASURY BILL 0.000000% 10/30/2025                  | CUSIP: 912797NA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | PA      | $29902092.90  | 16.42%            | 2025-10-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bundesrepublik Deutschland                           | EURO-BUND FUTURE  DEC25 FINANCIAL COMMODITY FUTURE. | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |      -306 | NC      | $-46190102.73 | -25.36%           |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | NATURAL GAS FUTR  DEC25 PHYSICAL COMMODITY FUTURE.  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -314 | NC      | $-12183200.00 | -6.69%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | JPN YEN CURR FUT  DEC25 CURRENCY FUTURE.            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |      -341 | NC      | $-29044675.00 | -15.95%           |  |  |  | No            |                  1 | On Loan: No      |
| Canada                                               | CAN 10YR BOND FUT DEC25 FINANCIAL COMMODITY FUTURE. | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |       275 | NC      | $24198103.03  | 13.29%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | WHEAT FUTURE(CBT) DEC25 PHYSICAL COMMODITY FUTURE.  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -460 | NC      | $-11684000.00 | -6.42%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | EURO FX CURR FUT  DEC25 CURRENCY FUTURE.            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |       199 | NC      | $29332600.00  | 16.11%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | C$ CURRENCY FUT   DEC25 CURRENCY FUTURE.            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |       172 | NC      | $12401200.00  | 6.81%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                  | WTI CRUDE FUTURE  DEC25 PHYSICAL COMMODITY FUTURE.  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |      -158 | NC      | $-9789680.00  | -5.38%            |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                             | TREASURY BILL 0.000000% 11/13/2025                  | CUSIP: 912797QQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $24880257.00  | 13.66%            | 2025-11-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | BP CURRENCY FUT   DEC25 CURRENCY FUTURE.            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |       347 | NC      | $29171856.25  | 16.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Japan                                                | JPN 10Y BOND(OSE) DEC25 FINANCIAL COMMODITY FUTURE. | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | JP        |       -50 | NC      | $-45910673.84 | -25.21%           |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                             | TREASURY BILL 0.000000% 11/04/2025                  | CUSIP: 912797RM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $24905319.50  | 13.68%            | 2025-11-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Krane Funds Advisors, LLC

**Signature:** Jonathan Krane

**Name of Signer:** Jonathan Krane

**Title:** CEO