# EDGAR Filing Document

**Accession Number:** 0001587551
**File Stem:** 0001752724-25-162436
**Filing Date:** 2025-6
**Character Count:** 8461
**Document Hash:** 25a93d9d0a3234f437bb8d81f351243c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-162436.hdr.sgml**: 20250630

**ACCESSION NUMBER**: 0001752724-25-162436

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250630

**DATE AS OF CHANGE**: 20250630

**PERIOD START**: 20260131

**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:** 251088991

**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

### Fairlead Tactical Sector ETF (Series ID: S000075505)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000234653 | Fairlead Tactical Sector ETF | TACK            |

## Nport-Ex

Fairlead

Tactical

Sector

ETF

Schedule

of

Investments

April

30,

2025

(Unaudited)

EXCHANGE-TRADED

FUNDS

—

99.66%

Shares

Fair

Value

Communication

Services

Select

Sector

SPDR

Fund

288,654

$

27,549,138

Consumer

Discretionary

Select

Sector

SPDR®

Fund

138,736

27,367,063

Consumer

Staples

Select

Sector

SPDR®

Fund

344,264

28,171,123

Financial

Select

Sector

SPDR®

Fund

557,332

27,175,508

Industrial

Select

Sector

SPDR®

Fund

213,149

27,969,412

Real

Estate

Select

Sector

SPDR®

Fund

669,050

27,631,765

SPDR®

Gold

MiniShares®

Trust

151,310

9,874,491

SPDR®

Portfolio

Long

Term

Treasury

ETF

356,770

9,597,113

SPDR®

Portfolio

Short

Term

Treasury

ETF

323,934

9,517,181

Utilities

Select

Sector

SPDR®

Fund

354,571

27,975,652

Total

Exchange-Traded

Funds

(Cost $203,623,224)

222,828,446

Total

Investments

—

99.66%

(Cost

$203,623,224)

222,828,446

Other

Assets

in

Excess

of

Liabilities — 0.34%

769,447

NET

ASSETS

—

100.00%

$

223,597,893

ETF

-

Exchange-Traded

Fund

SPDR

-

Standard

&

Poor's

Depositary

Receipt

## 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:** FAIRLEAD TACTICAL SECTOR ETF

- **b. EDGAR series identifier (if any):** S000075505

- **c. LEI of Series:** 5493005X6DVNY5TQOA86

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

- **a. Date of fiscal year-end:** 2026-01-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $223702941.76

**Total Liabilities:** $105048.61

**Net Assets:** $223597893.15

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234653 | -0.11%               | -3.41%               | -0.33%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $232048.34               | $-442362.40                                |
| Month 2  | $862785.69               | $-9190806.04                               |
| Month 3  | $4304552.51              | $-4431094.45                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Select Sector Spdr Trust | Real Estate Select Sector SPDR Fund USD Class            | CUSIP: 81369Y860<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |    669050 | NS      | $27631765.00  | 12.36%            |  |  |  | No            | 1                  | On Loan: No      |
| Select Sector Spdr Trust | Utilities Select Sector SPDR Fund USD Class              | CUSIP: 81369Y886<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |    354571 | NS      | $27975651.90  | 12.51%            |  |  |  | No            | 1                  | On Loan: No      |
| Select Sector Spdr Trust | Consumer Discretionary Select Sector SPDR Fund           | CUSIP: 81369Y407<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |    138736 | NS      | $27367063.36  | 12.24%            |  |  |  | No            | 1                  | On Loan: No      |
| Select Sector Spdr Trust | Consumer Staples Select Sector SPDR Fund USD Class       | CUSIP: 81369Y308<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |    344264 | NS      | $28171123.12  | 12.60%            |  |  |  | No            | 1                  | On Loan: No      |
| SPDR Series Trust        | SPDR Portfolio Short Term Treasury ETF USD Class         | CUSIP: 78468R101<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |    323934 | NS      | $9517180.92   | 4.26%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                      | BBH SWEEP VEHICLE                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |    871837 | PA      | $871836.99    | 0.39%             |  |  |  | No            | N/A                | On Loan: No      |
| SPDR Series Trust        | SPDR Portfolio Long Term Treasury ETF USD Class          | CUSIP: 78464A664<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |    356770 | NS      | $9597113.00   | 4.29%             |  |  |  | No            | 1                  | On Loan: No      |
| World Gold Trust         | SPDR Gold MiniShares Trust                               | CUSIP: 98149E303<br>LEI: 549300DGCWLK8TGZ0C89 | Long             | EC               | RF                | US        |    151310 | NS      | $9874490.60   | 4.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Select Sector Spdr Trust | Industrial Select Sector SPDR Fund USD Class             | CUSIP: 81369Y704<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |    213149 | NS      | $27969411.78  | 12.51%            |  |  |  | No            | 1                  | On Loan: No      |
| Select Sector Spdr Trust | Financial Select Sector SPDR Fund USD Class              | CUSIP: 81369Y605<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |    557332 | NS      | $27175508.32  | 12.15%            |  |  |  | No            | 1                  | On Loan: No      |
| Select Sector Spdr Trust | Communication Services Select Sector SPDR Fund USD Class | CUSIP: 81369Y852<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |    288654 | NS      | $27549137.76  | 12.32%            |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-04-30

**Name of Applicant:** Capitol Series Trust

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller