# EDGAR Filing Document

**Accession Number:** 0001592900
**File Stem:** 0001592900-25-004391
**Filing Date:** 2025-12
**Character Count:** 18826
**Document Hash:** c189cbf64622b957b2505601eea288f9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001592900-25-004391.hdr.sgml**: 20251217

**ACCESSION NUMBER**: 0001592900-25-004391

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251217

**DATE AS OF CHANGE**: 20251217

**PERIOD START**: 20260131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EA Series Trust
- **CENTRAL INDEX KEY:** 0001592900

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22961
- **FILM NUMBER:** 251577858

**BUSINESS ADDRESS:**
- **STREET 1:** 3803 WEST CHESTER PIKE, SUITE 150
- **CITY:** NEWTOWN SQUARE
- **STATE:** PA
- **ZIP:** 19073
- **BUSINESS PHONE:** 1.215.882.9983

**MAIL ADDRESS:**
- **STREET 1:** 3803 WEST CHESTER PIKE, SUITE 150
- **CITY:** NEWTOWN SQUARE
- **STATE:** PA
- **ZIP:** 19073

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Alpha Architect ETF Trust
- **DATE OF NAME CHANGE:** 20140428

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Empowered Funds ETF Trust
- **DATE OF NAME CHANGE:** 20131125

## Series and Classes Contracts Data

### Rainwater Equity ETF (Series ID: S000092079)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000259995 | Rainwater Equity ETF | RW              |

## Nport-Ex

---

| |
|:---|
| **RAINWATER EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **October 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 81.1%** | **Shares** | **Value**  |
| **<u>Communication Services</u> - 3.3%** | |  |
| **Interactive Media & Services - 3.3%** |  |  |
| Alphabet, Inc. - Class A  | 2409 | $677387 |
| **<u>Financials</u> - 7.2%** |  |  |
| **Asset Management & Custody Banks - 0.7%** |  |  |
| Roko AB <sup>(a)</sup> | 761 | 149969 |
| **Financial Exchanges & Data - 2.9%** |  |  |
| Tel Aviv Stock Exchange Ltd.  | 26052 | 607636 |
| **Transaction & Payment Processing Services - 3.6%** |  |  |
| Mastercard, Inc. - Class A  | 816 | 450424 |
| PayPal Holdings, Inc. <sup>(a)</sup> | 4129 | 286016 |
|  |  | 736440 |
| **Total Financials** |  | 1494045 |
| **<u>Health Care</u> - 10.1%** |  |  |
| **Life Sciences Tools & Services - 10.1%** |  |  |
| Agilent Technologies, Inc.  | 4669 | 683355 |
| Mettler-Toledo International, Inc. <sup>(a)</sup> | 478 | 676986 |
| Thermo Fisher Scientific, Inc.  | 1266 | 718316 |
| **Total Health Care** |  | 2078657 |
| **<u>Industrials</u> - 31.6%**<sup>(b)</sup> |  |  |
| **Aerospace & Defense - 24.7%** |  |  |
| Curtiss-Wright Corp.  | 982 | 585007 |
| General Electric Co.  | 6399 | 1976971 |
| HEICO Corp.  | 2558 | 812856 |
| Loar Holdings, Inc. <sup>(a)</sup> | 14356 | 1135990 |
| TransDigm Group, Inc.  | 462 | 604532 |
|  |  | 5115356 |
| **Building Products - 0.5%** |  |  |
| CSW Industrials, Inc.  | 412 | 103173 |
| **Environmental & Facilities Services - 2.1%** |  |  |
| Waste Connections, Inc.  | 2598 | 435633 |
| **Industrial Conglomerates - 2.8%** |  |  |
| 3M Co.  | 3474 | 578421 |
| **Trading Companies & Distributors - 1.5%** |  |  |
| AddTech AB - Class B  | 8881 | 301011 |
| **Total Industrials** |  | 6533594 |

---

------

---

| |
|:---|
| **RAINWATER EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **October 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 81.1% (CONTINUED)** | **Shares** | **Value**  |
| **<u>Information Technology</u> - 28.9%**<sup>(b)</sup> | |  |
| **Application Software - 1.5%** |  |  |
| Constellation Software, Inc.  | 121 | $318435 |
| **Electronic Components - 6.1%** |  |  |
| Amphenol Corp. - Class A  | 9102 | 1268273 |
| **Electronic Equipment & Instruments - 2.6%** |  |  |
| Lagercrantz Group AB - Class B  | 21679 | 532605 |
| **Semiconductors - 6.3%** |  |  |
| Broadcom, Inc.  | 3540 | 1308490 |
| **Systems Software - 6.1%** |  |  |
| Microsoft Corp.  | 2419 | 1252582 |
| **Technology Hardware, Storage & Peripherals - 6.3%** |  |  |
| CompoSecure, Inc. <sup>(a)</sup> | 65040 | 1291694 |
| **Total Information Technology** |  | 5972079 |
| **TOTAL COMMON STOCKS** (Cost $15,250,904) |  | 16755762 |
| **EXCHANGE TRADED FUNDS - 3.0%** |  |  |
| SPDR S&P 500 ETF Trust  | 916 | 624767 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $592,435) |  | 624767 |
| **SHORT-TERM INVESTMENTS** |  |  |
| **MONEY MARKET FUNDS - 15.9%** |  |  |
| First American Government Obligations Fund - Class X, 4.03% <sup>(c)</sup> | 3292873 | 3292873 |
| **TOTAL MONEY MARKET FUNDS** (Cost $3,292,873) |  | 3292873 |
| **TOTAL INVESTMENTS - 100.0% (**Cost $19,136,212**)** |  | $20673402 |
| Liabilities in Excess of Other Assets - (0.0)% <sup>(d)</sup> |  | (7792) |
| **TOTAL NET ASSETS - 100.0%** |  | $20665610 |

---

Percentages are stated as a percent of net assets.

(a) <br> Non-income producing security.

(b) <br> To the extent that the Fund invests more heavily in particular industries or sectors of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.

(c) <br> The rate shown represents the 7-day annualized yield as of October 31, 2025.

(d) <br> Represents less than (0.05)% of net assets.

The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.

------

**RAINWATER EQUITY ETF**

**Summary of Fair Value Disclosure as of October 31, 2025 (Unaudited)**

Rainwater Equity ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of October 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **DESCRIPTION** | **LEVEL 1** | **LEVEL 2** | **LEVEL 3** | **TOTAL** |
| **<u>Investments</u>** | | | | |
| &nbsp;&nbsp;Common Stocks | $16755762 | $— | $— | $16755762 |
| &nbsp;&nbsp;Exchange Traded Funds | 624767 |  |  | 624767 |
| &nbsp;&nbsp;Money Market Funds | 3292873 |  |  | 3292873 |
| **Total Investments** | $20673402 | $— | $— | $20673402 |

---

Refer to the Schedule of Investments for further disaggregation of investment categories.

During the fiscal period ended October 31, 2025, the Fund did not invest in any Level 3 investments and recognized no transfers to/from Level 3. Transfers between levels are recognized at the end of the reporting period.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-22961

- **c. CIK number of Registrant:** 0001592900

- **d. LEI of Registrant:** 5493004OW9VWINAYRX18

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

  - **Street Address 1:** 3803 West Chester Pike

  - **City:** Newtown Square

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19073

  - **Telephone number:** 2158829983

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

- **a. Name of Series:** Rainwater Equity ETF

- **b. EDGAR series identifier (if any):** S000092079

- **c. LEI of Series:** 529900YO7Q7M7X26B090

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

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

- **b. Date as of which information is reported:** 2025-10-31

**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:** $20687333.10

**Total Liabilities:** $21728.74

**Net Assets:** $20665604.36

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000259995 | -3.28%               | 0.41%                | 0.72%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-469724.17              | $-98423.96                                 |
| Month 2  | $-338699.16              | $336264.21                                 |
| Month 3  | $-594540.97              | $780514.46                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alphabet Inc                               | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      2409 | NS      | $677386.71    | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                               | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      3540 | NS      | $1308490.20   | 6.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CompoSecure Inc                            | CompoSecure Inc                            | CUSIP: 20459V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65040 | NS      | $1291694.40   | 6.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Loar Holdings Inc                          | Loar Holdings Inc                          | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14356 | NS      | $1135990.28   | 5.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software Inc/Canada          | Constellation Software Inc/Canada          | CUSIP: 21037X100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |       121 | NS      | $318434.77    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Lagercrantz Group AB                       | Lagercrantz Group AB                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SE        |     21679 | NS      | $532604.78    | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| AddTech AB                                 | AddTech AB                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SE        |      8881 | NS      | $301011.24    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Tel Aviv Stock Exchange Ltd                | Tel Aviv Stock Exchange Ltd                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     26052 | NS      | $607636.15    | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                                      | 3M Co                                      | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      3474 | NS      | $578421.00    | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Roko AB                                    | Roko AB                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SE        |       761 | NS      | $149969.13    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                      | Waste Connections Inc                      | CUSIP: 94106B101<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      2598 | NS      | $435632.64    | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF Trust                     | SPDR S&P 500 ETF Trust                     | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |       916 | NS      | $624766.96    | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obligations Fund | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   3292873 | PA      | $3292873.45   | 15.93%            |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                        | PayPal Holdings Inc                        | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      4129 | NS      | $286015.83    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                              | Amphenol Corp                              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      9102 | NS      | $1268272.68   | 6.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp                        | Curtiss-Wright Corp                        | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |       982 | NS      | $585006.86    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| GE AEROSPACE                               | GE AEROSPACE                               | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      6399 | NS      | $1976971.05   | 9.57%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                 | HEICO Corp                                 | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      2558 | NS      | $812855.66    | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                             | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      2419 | NS      | $1252582.39   | 6.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc               | Thermo Fisher Scientific Inc               | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1266 | NS      | $718315.74    | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International Inc           | Mettler-Toledo International Inc           | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |       478 | NS      | $676986.62    | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc                   | Agilent Technologies Inc                   | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      4669 | NS      | $683354.84    | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                             | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       816 | NS      | $450423.84    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc                        | TransDigm Group Inc                        | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       462 | NS      | $604531.62    | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc                        | CSW Industrials Inc                        | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |       412 | NS      | $103173.04    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-31

**Name of Applicant:** EA Series Trust

**Signature:** /s/ Sean Hegarty

**Name of Signer:** Sean Hegarty

**Title:** Treasurer