# EDGAR Filing Document

**Accession Number:** 0001587551
**File Stem:** 0000910472-26-004954
**Filing Date:** 2026-3
**Character Count:** 13443
**Document Hash:** 0f553f28863e62aec14d6f3aa514c689
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-004954.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0000910472-26-004954

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**PERIOD START**: 20261031

**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:** 26818030

**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

### Hull Tactical US ETF (Series ID: S000080433)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000242831 | Hull Tactical US ETF | HTUS            |

## Nport-Ex

Hull

Tactical

US

ETF

Schedule

of

Investments

January

31,

2026

(Unaudited)

ETF

-

Exchange

-

Traded

Fund

SPDR

-

Standard

&

Depositary

Receipt

EXCHANGE-TRADED

FUNDS

—

50.24%

Shares

Fair

Value

Exchange-Traded

Funds

—

50.24%

Alpha

Architect

1-3

Month

Box

ETF

36,447

$

4,207,806

SPDR

S&P

500

ETF

Trust

(a)(b)

93,454

64,667,365

Total

Exchange-Traded

Funds

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $56,090,967)

68,875,171

U.S.

GOVERNMENT

&

AGENCIES

(c)(d) —

22.49%

Principal

Amount

United

States

Treasury

Bill,

3.87%,

2/5/2026

$

6,000,000

5,998,198

United

States

Treasury

Bill,

3.77%,

3/10/2026

10,000,000

9,963,735

United

States

Treasury

Bill,

3.78%,

3/17/2026

5,000,000

4,978,303

United

States

Treasury

Bill,

3.58%,

4/21/2026

5,000,000

4,961,325

United

States

Treasury

Bill,

3.58%,

7/2/2026

5,000,000

4,926,177

Total

U.S.

Government

&

Agencies

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $30,825,469)

30,827,738

Description

Number

of

Contracts

Notional

Amount

Exercise

Price

Expiration

Date

Fair

Value

PURCHASED

CALL

OPTIONS

—

0.05%

S&P

500

Index

$

8,326,836

$

7,210.00

March

2026

43,080

S&P

500

Index

4,163,418

7,215.00

March

2026

20,820

T

otal

P

urchased

C

all

Options

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

$62,372)

63,900

Total

Purchased

Options

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

$62,372)

63,900

Total

Investments

—

72.78%

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

$86,978,808)

99,766,809

Other

Assets

in

Excess

of

Liabilities

—

27.22%

37,320,745

Net

Assets

—

100.00%

$

137,087,554

(a) Represents

an

investment

greater

that

25%

of

the

Fund's

net

assets.

Performance

of

the

Fund

may

be

adversely

impacted

by

concentrated

investments

in

securities.

As

of

January

31,

2026,

the

percentage

of

net

assets

invested

in

SPDR

S&P

500

ETF

was

47.17%

of

the

Fund.

The

financial

statements

and

portfolio

holdings

for

this

security

can

be

found

at

www.sec.gov.

(b) Securities,

or

a

portion

thereof,

have

been

pledged

as

collateral

on

open

futures

contracts

and/or

written

options

contracts.

The

total

collateral

pledged

is

$57,656,850.

(c) The

rate

shown

represents

effective

yield

at

time

of

purchase.

(d) Non-income

producing

security.

Hull

Tactical

US

ETF

Schedule

of

Open

Written

Option

Contracts

January

31,

2026

(Unaudited)

Description

Number

of

Contracts

Notional

Amount

Exercise

Price

Expiration

Date

Fair

Value

Written

Put

Options

(0.10)%

S&P

500

Index

(6) $

(4,163,418)

$

6,535.00

March

2026

$

(32,700)

S&P

500

Index

(18) (12,490,254)

6,580.00

March

2026

(108,900)

Total

Written

Put

Options

(Premiums

Received

$152,869)

$

(141,600)

Total

Written

Options

(Premiums

Received

$152,869)

$

(141,600)

Hull

Tactical

US

ETF

Schedule

of

Futures

Contracts

January

31,

2026

(Unaudited)

Contracts

Expiration

Date

Notional

Value

Value

Value

and

Unrealized

Appreciation

(Depreciation)

LONG

CONTRACTS

Cboe

Volatility

Index

Future

April

2026

$

4,530,352

$

4,603,021

$

72,669

Cboe

Volatility

Index

Future

May

2026

3,458,413

3,523,515

65,102

CME

E-Mini

S&P

500

Index

Future

March

2026

30,681,998

30,649,300

(32,698)

105,073

SHORT

CONTRACTS

Cboe

Volatility

Index

Future

(110) February

2026

$

(2,019,770)

$

(2,094,928)

$

(75,158)

Cboe

Volatility

Index

Future

(80) March

2026

(1,552,731)

(1,591,848)

(39,117)

Total

Futures

(9

,

202)

## 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:** HULL TACTICAL US ETF

- **b. EDGAR series identifier (if any):** S000080433

- **c. LEI of Series:** 5493000AFBMV6WNE3U29

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $137319600.25

**Total Liabilities:** $232045.87

**Net Assets:** $137087554.38

**Cash Not Reported:** $10081235.30

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000242831 | 1.26%                | 0.24%                | 1.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-9619.17                | $129376.29                                 |
| Month 2  | $-2101.67                | $-108245.90                                |
| Month 3  | $-2641.69                | $942446.74                                 |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| EA Series Trust                     | Alpha Architect 1-3 Month Box ETF                        | CUSIP: 02072L565<br>LEI: 549300OFTR67XBWX5T25 | Long             | EC               | RF                | US        |     36447 | NS      | $4207806.15   | 3.07%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street Spdr S&p 500 Etf Trust | State Street SPDR S&P 500 ETF Trust USD Class            | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |     93454 | NS      | $64667364.38  | 47.17%            |  |  |  | No            | 1                  | On Loan: No      |
| United States Treasury Bills        | United States Treasury Bill 0%, Due 02/05/2026           | CUSIP: 912797RL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6000000 | PA      | $5998198.50   | 4.38%             | 2026-02-05      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bills        | United States Treasury Bill 0%, Due 03/10/2026           | CUSIP: 912797SY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9963735.00   | 7.27%             | 2026-03-10      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bills        | United States Treasury Bill 0%, Due 03/17/2026           | CUSIP: 912797SZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4978302.90   | 3.63%             | 2026-03-17      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bills        | United States Treasury Bill 0%, Due 07/02/2026           | CUSIP: 912797TF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4926177.10   | 3.59%             | 2026-07-02      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bills        | United States Treasury Bill 0%, Due 04/21/2026           | CUSIP: 912797TJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4961325.00   | 3.62%             | 2026-04-21      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| N/A                                 | BBH SWEEP VEHICLE                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |  27416964 | PA      | $27416964.46  | 20.00%            |  |  |  | No            | N/A                | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE         | CME E-Mini Standard & Poor's 500 Index Future 2026-03-20 | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |        88 | NS      | $-32698.00    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION    | S&P 500 INDEX 03/20/2026 7210 Call                       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |        12 | NS      | $43080.00     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION    | S&P 500 INDEX 03/20/2026 7215 Call                       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |         6 | NS      | $20820.00     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION    | S&P 500 INDEX 03/20/2026 6535 Put                        | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -6 | NS      | $-32700.00    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION    | S&P 500 INDEX SPXW US 03/20/26 P6580                     | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -18 | NS      | $-108900.00   | -0.08%            |  |  |  | No            | 1                  | On Loan: No      |
| CBOE FUTURES EXCHANGE               | CBOE Volatility Index Future 02/18/2026                  | CUSIP: N/A<br>LEI: 529900RLNSGA90UPEH54       | Short            | DE               | CORP              | US        |      -110 | NS      | $-75158.00    | -0.05%            |  |  |  | No            | 1                  | On Loan: No      |
| CBOE FUTURES EXCHANGE               | CBOE Volatility Index Future 2026-03-18                  | CUSIP: N/A<br>LEI: 529900RLNSGA90UPEH54       | Short            | DE               | CORP              | US        |       -80 | NS      | $-39117.31    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| CBOE FUTURES EXCHANGE               | CBOE Volatility Index Future 2026-04-15                  | CUSIP: N/A<br>LEI: 529900RLNSGA90UPEH54       | Long             | DE               | CORP              | US        |       224 | NS      | $72669.06     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| CBOE FUTURES EXCHANGE               | CBOE Volatility Index Future 2026-05-19                  | CUSIP: N/A<br>LEI: 529900RLNSGA90UPEH54       | Long             | DE               | CORP              | US        |       169 | NS      | $65102.30     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-01-31

**Name of Applicant:** Capitol Series Trust

**Signature:** Zachary Richmond

**Name of Signer:** Zachary Richmond

**Title:** Treasurer