# EDGAR Filing Document

**Accession Number:** 0001592900
**File Stem:** 0001592900-25-003498
**Filing Date:** 2025-10
**Character Count:** 100213
**Document Hash:** 7fdf705058375a4af0fed75c10b586c9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001592900-25-003498.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0001592900-25-003498

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250829

**FILED AS OF DATE**: 20251030

**DATE AS OF CHANGE**: 20251030

**PERIOD START**: 20251130

**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:** 251433935

**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

### Sequoia Global Value ETF (Series ID: S000082843)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000246166 | Sequoia Global Value ETF | SFGV            |

## Nport-Ex

---

| |
|:---|
| **CCM GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **August 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **EXCHANGE TRADED FUNDS - 50.0%** | **Shares** | **Value** |
| Avantis Emerging Markets Value ETF | 740977 | $41161272 |
| Avantis International Small Cap Value ETF<sup>(a)</sup> | 618277 | 53035801 |
| Avantis Real Estate ETF | 1174819 | 52890352 |
| Avantis U.S. Small Cap Value ETF<sup>(a)</sup> | 1097625 | 109597856 |
| iShares Core MSCI International Developed Markets ETF<sup>(a)</sup> | 1328229 | 104053460 |
| Vanguard FTSE Developed Markets ETF<sup>(a)</sup> | 1769999 | 103916641 |
| Vanguard FTSE Emerging Markets ETF<sup>(a)</sup> | 1204928 | 62089940 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $432,857,202) |  | 526745322 |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 49.7%** | **Shares** | **Value** |
| **<u>Communication Services</u> - 3.0%** | |  |
| **Advertising - 0.4%** |  |  |
| Interpublic Group of Cos., Inc.  | 67015 | 1798682 |
| Omnicom Group, Inc.  | 34293 | 2686171 |
|  |  | 4484853 |
| **Alternative Carriers - 0.1%** |  |  |
| Iridium Communications, Inc.  | 16675 | 415041 |
| **Broadcasting - 0.4%** |  |  |
| Fox Corp. - Class A  | 36772 | 2195289 |
| Fox Corp. - Class B  | 22711 | 1238885 |
| Nexstar Media Group, Inc.  | 4908 | 1003833 |
|  |  | 4438007 |
| **Cable & Satellite - 1.0%** |  |  |
| Charter Communications, Inc. - Class A <sup>(a)(b)</sup> | 14210 | 3773892 |
| Comcast Corp. - Class A  | 188757 | 6412075 |
|  |  | 10185967 |
| **Integrated Telecommunication Services - 0.9%** |  |  |
| AT&T, Inc.  | 143255 | 4195939 |
| Verizon Communications, Inc.  | 110556 | 4889892 |
|  |  | 9085831 |
| **Interactive Home Entertainment - 0.2%** |  |  |
| Electronic Arts, Inc.  | 14051 | 2416069 |
| **Interactive Media & Services - 0.0%**<sup>(c)</sup> |  |  |
| ZoomInfo Technologies, Inc. <sup>(b)</sup> | 24377 | 265709 |
| **Total Communication Services** |  | 31291477 |
| **<u>Consumer Discretionary</u> - 8.0%** |  |  |
| **Apparel Retail - 0.0%**<sup>(c)</sup> |  |  |
| Ross Stores, Inc.  | 1811 | 266507 |

---

------

---

| |
|:---|
| **CCM GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **August 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 49.7% (CONTINUED)** | **Shares** | **Value** |
| **Apparel, Accessories & Luxury Goods - 0.6%** |  |  |
| Columbia Sportswear Co.  | 5268 | $293533 |
| Lululemon Athletica, Inc. <sup>(b)</sup> | 13731 | 2776408 |
| Ralph Lauren Corp.  | 846 | 251203 |
| Tapestry, Inc.  | 28716 | 2923863 |
|  |  | 6245007 |
| **Automotive Parts & Equipment - 0.7%** |  |  |
| Aptiv PLC <sup>(b)</sup> | 40994 | 3260253 |
| BorgWarner, Inc.  | 34631 | 1480822 |
| Gentex Corp.  | 41722 | 1168633 |
| Lear Corp.  | 9844 | 1082840 |
|  |  | 6992548 |
| **Automotive Retail - 0.5%** |  |  |
| AutoNation, Inc. <sup>(b)</sup> | 4529 | 992213 |
| AutoZone, Inc. <sup>(b)</sup> | 646 | 2712250 |
| Murphy USA, Inc.  | 2456 | 924684 |
| Penske Automotive Group, Inc.  | 1511 | 278644 |
|  |  | 4907791 |
| **Broadline Retail - 0.2%** |  |  |
| Dillard's, Inc. - Class A  | 600 | 319728 |
| eBay, Inc.  | 11504 | 1042377 |
| Etsy, Inc. <sup>(b)</sup> | 19407 | 1028765 |
|  |  | 2390870 |
| **Casinos & Gaming - 0.1%** |  |  |
| Boyd Gaming Corp.  | 10599 | 910030 |
| **Computer & Electronics Retail - 0.2%** |  |  |
| Best Buy Co., Inc.  | 33390 | 2458840 |
| **Distributors - 0.3%** |  |  |
| Genuine Parts Co.  | 3433 | 478320 |
| LKQ Corp.  | 46910 | 1530204 |
| Pool Corp.  | 4380 | 1360910 |
|  |  | 3369434 |
| **Education Services - 0.1%** |  |  |
| Grand Canyon Education, Inc. <sup>(b)</sup> | 5102 | 1028410 |
| **Footwear - 0.1%** |  |  |
| Crocs, Inc. <sup>(a)(b)</sup> | 10073 | 878366 |

---

------

---

| |
|:---|
| **CCM GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **August 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 49.7% (CONTINUED)** | **Shares** | **Value** |
| **Home Improvement Retail - 1.5%** |  |  |
| Home Depot, Inc.  | 21957 | $8931449 |
| Lowe's Cos., Inc.  | 26778 | 6910331 |
|  |  | 15841780 |
| **Homebuilding - 1.5%** |  |  |
| DR Horton, Inc.  | 18980 | 3216730 |
| NVR, Inc. <sup>(b)</sup> | 477 | 3872119 |
| PulteGroup, Inc.  | 33206 | 4383856 |
| Toll Brothers, Inc.  | 16633 | 2311987 |
| TopBuild Corp. <sup>(b)</sup> | 4948 | 2081921 |
|  |  | 15866613 |
| **Homefurnishing Retail - 0.3%** |  |  |
| Williams-Sonoma, Inc.  | 15419 | 2901702 |
| **Hotels, Resorts & Cruise Lines - 0.6%** |  |  |
| Choice Hotels International, Inc.  | 2023 | 241910 |
| Expedia Group, Inc.  | 20885 | 4486098 |
| Travel + Leisure Co.  | 12433 | 785890 |
| Wyndham Hotels & Resorts, Inc. <sup>(a)</sup> | 13887 | 1202753 |
|  |  | 6716651 |
| **Household Appliances - 0.1%** |  |  |
| Whirlpool Corp.  | 9383 | 874026 |
| **Leisure Facilities - 0.1%** |  |  |
| Vail Resorts, Inc. <sup>(a)</sup> | 6419 | 1051432 |
| **Leisure Products - 0.1%** |  |  |
| Brunswick Corp./DE  | 11336 | 720856 |
| Hasbro, Inc.  | 3367 | 273300 |
|  |  | 994156 |
| **Other Specialty Retail - 0.6%** |  |  |
| Bath & Body Works, Inc.  | 39141 | 1143308 |
| Dick's Sporting Goods, Inc.  | 9669 | 2057563 |
| Ulta Beauty, Inc. <sup>(b)</sup> | 6268 | 3088432 |
|  |  | 6289303 |
| **Restaurants - 0.1%** |  |  |
| Darden Restaurants, Inc.  | 3249 | 672348 |
| **Specialized Consumer Services - 0.3%** |  |  |
| ADT, Inc.  | 64617 | 562814 |
| H&R Block, Inc.  | 23126 | 1164394 |

---

------

---

| |
|:---|
| **CCM GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **August 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 49.7% (CONTINUED)** | **Shares** | **Value** |
| **Specialized Consumer Services - 0.3% (Continued)** | | |
| Service Corp. International  | 23435 | $1857224 |
|  |  | 3584432 |
| **Total Consumer Discretionary** |  | 84240246 |
| **<u>Consumer Staples</u> - 6.2%** |  |  |
| **Agricultural Products & Services - 0.1%** |  |  |
| Ingredion, Inc.  | 4943 | 640316 |
| **Brewers - 0.1%** |  |  |
| Molson Coors Beverage Co. - Class B  | 30034 | 1516417 |
| **Consumer Staples Merchandise Retail - 0.1%** |  |  |
| Dollar General Corp.  | 6709 | 729671 |
| **Food Distributors - 0.2%** |  |  |
| Sysco Corp.  | 25714 | 2069205 |
| **Food Retail - 0.4%** |  |  |
| Albertsons Cos., Inc. - Class A  | 73355 | 1427488 |
| Kroger Co.  | 40468 | 2745349 |
|  |  | 4172837 |
| **Household Products - 2.0%** |  |  |
| Clorox Co.  | 22007 | 2601227 |
| Colgate-Palmolive Co.  | 55198 | 4640496 |
| Kimberly-Clark Corp.  | 35358 | 4566132 |
| Procter & Gamble Co.  | 54838 | 8611760 |
| Reynolds Consumer Products, Inc.  | 11686 | 271232 |
|  |  | 20690847 |
| **Packaged Foods & Meats - 1.5%** |  |  |
| General Mills, Inc.  | 95913 | 4731388 |
| Hormel Foods Corp.  | 51300 | 1305072 |
| J M Smucker Co.  | 17831 | 1970504 |
| Kellanova  | 3202 | 254559 |
| Kraft Heinz Co.  | 158721 | 4439427 |
| Mondelez International, Inc. - Class A  | 46362 | 2848481 |
| Post Holdings, Inc. <sup>(b)</sup> | 2905 | 328701 |
| Tyson Foods, Inc. - Class A  | 8881 | 504263 |
|  |  | 16382395 |
| **Personal Care Products - 0.3%** |  |  |
| Kenvue, Inc.  | 143348 | 2968737 |

---

------

---

| |
|:---|
| **CCM GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **August 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 49.7% (CONTINUED)** | **Shares** | **Value** |
| **Soft Drinks & Non-alcoholic Beverages - 0.4%** |  |  |
| PepsiCo, Inc.  | 29586 | $4397959 |
| **Tobacco - 1.1%** |  |  |
| Altria Group, Inc.  | 97543 | 6555865 |
| Philip Morris International, Inc.  | 32921 | 5502087 |
|  |  | 12057952 |
| **Total Consumer Staples** |  | 65626336 |
| **<u>Energy</u> - 5.7%** |  |  |
| **Integrated Oil & Gas - 1.7%** |  |  |
| Chevron Corp.  | 48591 | 7803715 |
| Exxon Mobil Corp.  | 86983 | 9941287 |
|  |  | 17745002 |
| **Oil & Gas Equipment & Services - 0.2%** |  |  |
| Schlumberger NV  | 74022 | 2726971 |
| **Oil & Gas Exploration & Production - 1.8%** |  |  |
| ConocoPhillips  | 66933 | 6624359 |
| Coterra Energy, Inc.  | 134611 | 3289893 |
| EOG Resources, Inc.  | 48787 | 6089593 |
| Expand Energy Corp.  | 2558 | 247563 |
| Ovintiv, Inc.  | 49053 | 2066112 |
| Viper Energy, Inc. - Class A  | 22745 | 906275 |
|  |  | 19223795 |
| **Oil & Gas Refining & Marketing - 1.9%** |  |  |
| HF Sinclair Corp.  | 26734 | 1360226 |
| Marathon Petroleum Corp.  | 33629 | 6043467 |
| Phillips 66  | 46105 | 6158706 |
| Valero Energy Corp.  | 40886 | 6215081 |
|  |  | 19777480 |
| **Oil & Gas Storage & Transportation - 0.1%** |  |  |
| Antero Midstream Corp.  | 54567 | 970747 |
| **Total Energy** |  | 60443995 |
| **<u>Health Care</u> - 7.5%** |  |  |
| **Biotechnology - 1.6%** |  |  |
| AbbVie, Inc.  | 38149 | 8026550 |
| Amgen, Inc.  | 19153 | 5510510 |
| Exelixis, Inc. <sup>(b)</sup> | 6937 | 259582 |
| Gilead Sciences, Inc.  | 19481 | 2200768 |
| Halozyme Therapeutics, Inc. <sup>(b)</sup> | 11761 | 860317 |
|  |  | 16857727 |

---

------

---

| |
|:---|
| **CCM GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **August 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 49.7% (CONTINUED)** | **Shares** | **Value** |
| **Health Care Distributors - 0.6%** |  |  |
| Cardinal Health, Inc.  | 16576 | $2466177 |
| McKesson Corp.  | 6061 | 4161725 |
|  |  | 6627902 |
| **Health Care Equipment - 0.9%** |  |  |
| Baxter International, Inc.  | 111006 | 2740738 |
| Hologic, Inc. <sup>(b)</sup> | 3796 | 254788 |
| Medtronic PLC  | 64785 | 6012696 |
|  |  | 9008222 |
| **Health Care Facilities - 0.4%** |  |  |
| HCA Healthcare, Inc.  | 6463 | 2610794 |
| Universal Health Services, Inc. - Class B  | 9618 | 1746436 |
|  |  | 4357230 |
| **Health Care Services - 0.6%** |  |  |
| Chemed Corp.  | 2561 | 1172810 |
| DaVita, Inc. <sup>(b)</sup> | 6842 | 942554 |
| Labcorp Holdings, Inc.  | 969 | 269372 |
| Quest Diagnostics, Inc.  | 19013 | 3453521 |
|  |  | 5838257 |
| **Health Care Supplies - 0.2%** |  |  |
| Align Technology, Inc. <sup>(b)</sup> | 17676 | 2509285 |
| **Life Sciences Tools & Services - 0.4%** |  |  |
| Agilent Technologies, Inc.  | 19354 | 2432024 |
| Medpace Holdings, Inc. <sup>(b)</sup> | 2822 | 1341889 |
| Mettler-Toledo International, Inc. <sup>(b)</sup> | 451 | 586769 |
|  |  | 4360682 |
| **Pharmaceuticals - 2.8%** |  |  |
| Bristol-Myers Squibb Co.  | 132643 | 6258097 |
| Johnson & Johnson  | 51005 | 9036556 |
| Merck & Co., Inc.  | 87098 | 7326684 |
| Pfizer, Inc.  | 267185 | 6615500 |
|  |  | 29236837 |
| **Total Health Care** |  | 78796142 |
| **<u>Industrials</u> - 8.1%** |  |  |
| **Aerospace & Defense - 1.1%** |  |  |
| General Dynamics Corp.  | 3014 | 978254 |
| L3Harris Technologies, Inc.  | 6631 | 1840898 |
| Lockheed Martin Corp.  | 14035 | 6394767 |
| Textron, Inc.  | 31674 | 2538988 |
|  |  | 11752907 |

---

------

---

| |
|:---|
| **CCM GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **August 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 49.7% (CONTINUED)** | **Shares** | **Value** |
| **Agricultural & Farm Machinery - 0.3%** |  |  |
| AGCO Corp.  | 10370 | $1121930 |
| Toro Co.  | 17147 | 1389936 |
|  |  | 2511866 |
| **Air Freight & Logistics - 1.3%** |  |  |
| CH Robinson Worldwide, Inc.  | 17085 | 2198839 |
| Expeditors International of Washington, Inc.  | 22918 | 2762536 |
| FedEx Corp.  | 13687 | 3162655 |
| United Parcel Service, Inc. - Class B  | 66524 | 5816859 |
|  |  | 13940889 |
| **Building Products - 1.2%** |  |  |
| A O Smith Corp.  | 20321 | 1448684 |
| Builders FirstSource, Inc. <sup>(a)(b)</sup> | 18999 | 2634781 |
| Carlisle Cos., Inc. <sup>(a)</sup> | 8622 | 3327144 |
| Hayward Holdings, Inc. <sup>(b)</sup> | 34924 | 561578 |
| Masco Corp.  | 34655 | 2543331 |
| Owens Corning  | 15473 | 2323580 |
|  |  | 12839098 |
| **Cargo Ground Transportation - 0.0%**<sup>(c)</sup> |  |  |
| Old Dominion Freight Line, Inc.  | 1771 | 267368 |
| **Construction & Engineering - 0.2%** |  |  |
| AECOM  | 15735 | 1965144 |
| **Construction Machinery & Heavy Transportation Equipment - 0.9%** |  |  |
| Allison Transmission Holdings, Inc.  | 15161 | 1323707 |
| Caterpillar, Inc.  | 10034 | 4204647 |
| PACCAR, Inc.  | 40075 | 4006699 |
|  |  | 9535053 |
| **Data Processing & Outsourced Services - 0.0%**<sup>(c)</sup> |  |  |
| SS&C Technologies Holdings, Inc.  | 3015 | 267310 |
| **Electrical Components & Equipment - 0.0%**<sup>(c)</sup> |  |  |
| Acuity, Inc.  | 826 | 269664 |
| **Human Resource & Employment Services - 0.2%** |  |  |
| Automatic Data Processing, Inc.  | 5235 | 1591702 |
| **Industrial Conglomerates - 0.7%** |  |  |
| 3M Co.  | 32014 | 4979137 |
| Honeywell International, Inc.  | 12761 | 2801040 |
|  |  | 7780177 |

---

------

---

| |
|:---|
| **CCM GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **August 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 49.7% (CONTINUED)** | **Shares** | **Value** |
| **Industrial Machinery & Supplies & Components - 0.9%** |  |  |
| Donaldson Co., Inc.  | 21328 | $1699202 |
| Illinois Tool Works, Inc.  | 9687 | 2563664 |
| Otis Worldwide Corp.  | 16015 | 1383376 |
| Snap-on, Inc.  | 9237 | 3004242 |
| Timken Co.  | 4618 | 356648 |
|  |  | 9007132 |
| **Rail Transportation - 0.8%** |  |  |
| CSX Corp.  | 99077 | 3220993 |
| Union Pacific Corp.  | 24692 | 5520390 |
|  |  | 8741383 |
| **Research & Consulting Services - 0.3%** |  |  |
| Booz Allen Hamilton Holding Corp.  | 17487 | 1901187 |
| Leidos Holdings, Inc.  | 1603 | 290015 |
| Science Applications International Corp. <sup>(a)</sup> | 8512 | 1001862 |
|  |  | 3193064 |
| **Trading Companies & Distributors - 0.2%** |  |  |
| Ferguson Enterprises, Inc.  | 3345 | 773197 |
| MSC Industrial Direct Co., Inc. - Class A <sup>(a)</sup> | 8671 | 782384 |
|  |  | 1555581 |
| **Total Industrials** |  | 85218338 |
| **<u>Information Technology</u> - 7.7%** |  |  |
| **Application Software - 0.1%** |  |  |
| Dropbox, Inc. - Class A <sup>(b)</sup> | 36552 | 1062201 |
| **Communications Equipment - 0.7%** |  |  |
| Cisco Systems, Inc.  | 109882 | 7591747 |
| **Electronic Manufacturing Services - 0.1%** |  |  |
| Flex Ltd. <sup>(b)</sup> | 23130 | 1240231 |
| **Internet Services & Infrastructure - 0.2%** |  |  |
| Akamai Technologies, Inc. <sup>(b)</sup> | 3381 | 267538 |
| GoDaddy, Inc. - Class A <sup>(b)</sup> | 6725 | 997385 |
| VeriSign, Inc.  | 3570 | 975931 |
|  |  | 2240854 |
| **IT Consulting & Other Services - 1.2%** |  |  |
| Accenture PLC - Class A  | 24454 | 6357306 |
| Amdocs Ltd.  | 19638 | 1680424 |
| Cognizant Technology Solutions Corp. - Class A  | 66711 | 4819870 |
|  |  | 12857600 |

---

------

---

| |
|:---|
| **CCM GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **August 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 49.7% (CONTINUED)** | **Shares** | **Value** |
| **Semiconductor Materials & Equipment - 0.9%** |  |  |
| Applied Materials, Inc.  | 28233 | $4538737 |
| Lam Research Corp.  | 43033 | 4309755 |
|  |  | 8848492 |
| **Semiconductors - 0.8%** |  |  |
| Cirrus Logic, Inc. <sup>(b)</sup> | 9418 | 1075441 |
| Qorvo, Inc. <sup>(b)</sup> | 16434 | 1490564 |
| QUALCOMM, Inc.  | 37296 | 5994586 |
|  |  | 8560591 |
| **Systems Software - 0.1%** |  |  |
| Dolby Laboratories, Inc. - Class A  | 11426 | 819016 |
| Gen Digital, Inc.  | 8788 | 265397 |
|  |  | 1084413 |
| **Technology Distributors - 0.2%** |  |  |
| Arrow Electronics, Inc. <sup>(b)</sup> | 10500 | 1326465 |
| CDW Corp.  | 4757 | 783764 |
| TD SYNNEX Corp. <sup>(a)</sup> | 1801 | 266674 |
|  |  | 2376903 |
| **Technology Hardware, Storage & Peripherals - 3.4%** |  |  |
| Apple, Inc.  | 135715 | 31504880 |
| Dell Technologies, Inc. - Class C  | 1972 | 240880 |
| NetApp, Inc.  | 36262 | 4089991 |
|  |  | 35835751 |
| **Total Information Technology** |  | 81698783 |
| **<u>Materials</u> - 3.5%** |  |  |
| **Construction Materials - 0.2%** |  |  |
| CRH PLC  | 19316 | 2181742 |
| **Copper - 0.1%** |  |  |
| Southern Copper Corp. <sup>(a)</sup> | 11991 | 1152188 |
| **Fertilizers & Agricultural Chemicals - 0.6%** |  |  |
| CF Industries Holdings, Inc.  | 28581 | 2475972 |
| FMC Corp.  | 23542 | 920492 |
| Mosaic Co.  | 57089 | 1906773 |
| Scotts Miracle-Gro Co.  | 7781 | 476353 |
|  |  | 5779590 |
| **Gold - 0.2%** |  |  |
| Newmont Corp.  | 27724 | 2062666 |
| **Metal, Glass & Plastic Containers - 0.1%** |  |  |
| Crown Holdings, Inc.  | 5312 | 527907 |

---

------

---

| |
|:---|
| **CCM GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **August 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 49.7% (CONTINUED)** | **Shares** | **Value** |
| **Paper & Plastic Packaging Products & Materials - 0.8%** |  |  |
| Amcor PLC  | 406756 | $3510304 |
| Avery Dennison Corp.  | 9623 | 1651788 |
| International Paper Co.  | 8119 | 403352 |
| Packaging Corp. of America  | 12261 | 2672407 |
| Sealed Air Corp.  | 20629 | 669824 |
|  |  | 8907675 |
| **Specialty Chemicals - 0.6%** |  |  |
| DuPont de Nemours, Inc.  | 40174 | 3090184 |
| Eastman Chemical Co.  | 23951 | 1684713 |
| NewMarket Corp.  | 431 | 356420 |
| PPG Industries, Inc.  | 9442 | 1050234 |
|  |  | 6181551 |
| **Steel - 0.9%** |  |  |
| Nucor Corp.  | 24656 | 3667087 |
| Reliance, Inc.  | 9502 | 2809361 |
| Steel Dynamics, Inc.  | 25762 | 3372761 |
|  |  | 9849209 |
| **Total Materials** |  | 36642528 |
| **TOTAL COMMON STOCKS** (Cost $486,391,297) |  | 523957845 |
| **SHORT-TERM INVESTMENTS** |  |  |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 8.6%** | **Units** |  |
| Mount Vernon Liquid Assets Portfolio, LLC, 4.48%<sup>(d)</sup> | 90381617 | 90381617 |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $90,381,617) |  | 90381617 |
| **MONEY MARKET FUNDS - 0.2%** | **Shares** |  |
| First American Government Obligations Fund - Class X, 4.22%<sup>(d)</sup> | 2113308 | 2113308 |
| **TOTAL MONEY MARKET FUNDS** (Cost $2,113,308) |  | 2113308 |
| **TOTAL INVESTMENTS - 108.5% (**Cost $1,011,743,424**)** |  | $1143198092 |
| Liabilities in Excess of Other Assets - (8.5)%  |  | (89522193) |
| **TOTAL NET ASSETS - 100.0%** |  | $1053675899 |

---

Percentages are stated as a percent of net assets.

LLC - Limited Liability Company <br> PLC - Public Limited Company

(a) <br> All or a portion of this security is on loan as of August 31, 2025. The fair value of these securities was $88,294,340.

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

------

---

| |
|:---|
| **CCM GLOBAL EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS (CONTINUED)** |
| **August 31, 2025 (Unaudited)** |

---

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

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

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

------

**CCM GLOBAL EQUITY ETF**

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

CCM Global 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 August 31, 2025:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **DESCRIPTION** | **INVESTMENTS MEASURED AT NET ASSET VALUE** | **LEVEL 1** | **LEVEL 2** | **LEVEL 3** | **TOTAL** |
| **<u>Assets</u>** | | | | | |
| &nbsp;&nbsp;Exchange Traded Funds | $— | $526745322 | $— | $— | $526745322 |
| &nbsp;&nbsp;Common Stocks |  | 523957845 |  |  | 523957845 |
| &nbsp;&nbsp;Investment Purchased with Proceeds from Securities Lending<sup>(a)</sup> | 90381617 |  |  |  | 90381617 |
| &nbsp;&nbsp;Money Market Funds |  | 2113308 |  |  | 2113308 |
| **Total Investments** | $90381617 | $1052816475 | $— | $— | $1143198092 |

---

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

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount of $90,381,617 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

During the fiscal period ended August 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:** CCM Global Equity ETF

- **b. EDGAR series identifier (if any):** S000082843

- **c. LEI of Series:** 529900RGVG0PW882UT58

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-08-29

**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:** $1144581946.23

**Total Liabilities:** $90907799.54

**Net Assets:** $1053674146.69

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246166 | 3.44%                | -0.24%               | 5.17%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1201509.29              | $26271757.62                               |
| Month 2  | $0.00                    | $-3055118.49                               |
| Month 3  | $9721073.53              | $41500700.35                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Chevron Corp                                          | Chevron Corp                                          | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48591 | NS      | $7803714.60   | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Automatic Data Processing Inc                         | Automatic Data Processing Inc                         | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      5235 | NS      | $1591701.75   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Philip Morris International Inc                       | Philip Morris International Inc                       | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     32921 | NS      | $5502086.73   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Verizon Communications Inc                            | Verizon Communications Inc                            | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    110556 | NS      | $4889891.88   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Steel Dynamics Inc                                    | Steel Dynamics Inc                                    | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     25762 | NS      | $3372761.04   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Penske Automotive Group Inc                           | Penske Automotive Group Inc                           | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |      1511 | NS      | $278643.51    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Honeywell International Inc                           | Honeywell International Inc                           | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     12761 | NS      | $2801039.50   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Exxon Mobil Corp                                      | Exxon Mobil Corp                                      | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     86983 | NS      | $9941287.07   | 0.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Grand Canyon Education Inc                            | Grand Canyon Education Inc                            | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |      5102 | NS      | $1028410.14   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Williams-Sonoma Inc                                   | Williams-Sonoma Inc                                   | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |     15419 | NS      | $2901701.61   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| NetApp Inc                                            | NetApp Inc                                            | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     36262 | NS      | $4089990.98   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Dick's Sporting Goods Inc                             | Dick's Sporting Goods Inc                             | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |      9669 | NS      | $2057563.20   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| AECOM                                                 | AECOM                                                 | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |     15735 | NS      | $1965144.15   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| United Parcel Service Inc                             | United Parcel Service Inc                             | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     66524 | NS      | $5816858.56   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Owens Corning                                         | Owens Corning                                         | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |     15473 | NS      | $2323580.41   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| DAVITA INC                                            | DAVITA INC                                            | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |      6842 | NS      | $942553.92    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Lululemon Athletica Inc                               | Lululemon Athletica Inc                               | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |     13731 | NS      | $2776408.20   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Etsy Inc                                              | Etsy Inc                                              | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |     19407 | NS      | $1028765.07   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Dollar General Corp                                   | Dollar General Corp                                   | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |      6709 | NS      | $729670.84    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Lear Corp                                             | Lear Corp                                             | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |      9844 | NS      | $1082840.00   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Travel + Leisure Co                                   | Travel + Leisure Co                                   | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |     12433 | NS      | $785889.93    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| LKQ Corp                                              | LKQ Corp                                              | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |     46910 | NS      | $1530204.20   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| HCA Healthcare Inc                                    | HCA Healthcare Inc                                    | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      6463 | NS      | $2610793.48   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Expedia Group Inc                                     | Expedia Group Inc                                     | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20885 | NS      | $4486098.00   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Booz Allen Hamilton Holding Corp                      | Booz Allen Hamilton Holding Corp                      | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     17487 | NS      | $1901186.64   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Sealed Air Corp                                       | Sealed Air Corp                                       | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |     20629 | NS      | $669823.63    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Reliance Inc                                          | Reliance Inc                                          | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      9502 | NS      | $2809361.32   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Union Pacific Corp                                    | Union Pacific Corp                                    | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     24692 | NS      | $5520390.44   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Leidos Holdings Inc                                   | Leidos Holdings Inc                                   | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      1603 | NS      | $290014.76    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Agilent Technologies Inc                              | Agilent Technologies Inc                              | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |     19354 | NS      | $2432023.64   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Coterra Energy Inc                                    | Coterra Energy Inc                                    | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    134611 | NS      | $3289892.84   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Cisco Systems Inc                                     | Cisco Systems Inc                                     | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |    109882 | NS      | $7591747.38   | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Hologic Inc                                           | Hologic Inc                                           | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |      3796 | NS      | $254787.52    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| eBay Inc                                              | eBay Inc                                              | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     11504 | NS      | $1042377.44   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| AutoZone Inc                                          | AutoZone Inc                                          | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       646 | NS      | $2712250.38   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Interpublic Group of Cos Inc/The                      | Interpublic Group of Cos Inc/The                      | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |     67015 | NS      | $1798682.60   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Universal Health Services Inc                         | Universal Health Services Inc                         | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |      9618 | NS      | $1746436.44   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| QUALCOMM Inc                                          | QUALCOMM Inc                                          | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     37296 | NS      | $5994586.08   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Old Dominion Freight Line Inc                         | Old Dominion Freight Line Inc                         | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |      1771 | NS      | $267367.87    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Nexstar Media Group Inc                               | Nexstar Media Group Inc                               | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |      4908 | NS      | $1003833.24   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Gilead Sciences Inc                                   | Gilead Sciences Inc                                   | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     19481 | NS      | $2200768.57   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| TD SYNNEX Corp                                        | TD SYNNEX Corp                                        | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |      1801 | NS      | $266674.07    | 0.03%             |  |  |  | No            | 1                  | On Loan: —       |
| Halozyme Therapeutics Inc                             | Halozyme Therapeutics Inc                             | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     11761 | NS      | $860317.15    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Mondelez International Inc                            | Mondelez International Inc                            | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     46362 | NS      | $2848481.28   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Cardinal Health Inc                                   | Cardinal Health Inc                                   | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     16576 | NS      | $2466177.28   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| AGCO Corp                                             | AGCO Corp                                             | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     10370 | NS      | $1121930.30   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Dolby Laboratories Inc                                | Dolby Laboratories Inc                                | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |     11426 | NS      | $819015.68    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| PepsiCo Inc                                           | PepsiCo Inc                                           | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     29586 | NS      | $4397958.90   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Tyson Foods Inc                                       | Tyson Foods Inc                                       | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |      8881 | NS      | $504263.18    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Bristol-Myers Squibb Co                               | Bristol-Myers Squibb Co                               | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    132643 | NS      | $6258096.74   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| DR Horton Inc                                         | DR Horton Inc                                         | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |     18980 | NS      | $3216730.40   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| McKesson Corp                                         | McKesson Corp                                         | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      6061 | NS      | $4161725.04   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Amdocs Ltd                                            | Amdocs Ltd                                            | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | GG        |     19638 | NS      | $1680423.66   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Otis Worldwide Corp                                   | Otis Worldwide Corp                                   | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     16015 | NS      | $1383375.70   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| ZoomInfo Technologies Inc                             | ZoomInfo Technologies Inc                             | CUSIP: 98980F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24377 | NS      | $265709.30    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Expand Energy Corp                                    | Expand Energy Corp                                    | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      2558 | NS      | $247563.24    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Hayward Holdings Inc                                  | Hayward Holdings Inc                                  | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34924 | NS      | $561577.92    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| HF Sinclair Corp                                      | HF Sinclair Corp                                      | CUSIP: 403949100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26734 | NS      | $1360225.92   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Kenvue Inc                                            | Kenvue Inc                                            | CUSIP: 49177J102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    143348 | NS      | $2968737.08   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Labcorp Holdings Inc                                  | Labcorp Holdings Inc                                  | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       969 | NS      | $269372.31    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Ferguson Enterprises Inc                              | Ferguson Enterprises Inc                              | CUSIP: 31488V107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3345 | NS      | $773196.75    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Viper Energy Inc                                      | Viper Energy Inc                                      | CUSIP: 64361Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22745 | NS      | $906274.53    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Medtronic PLC                                         | Medtronic PLC                                         | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     64785 | NS      | $6012695.85   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Flex Ltd                                              | Flex Ltd                                              | CUSIP: N/A<br>LEI: 549300EAQH74YHD07T53       | Long             | EC               | CORP              | SG        |     23130 | NS      | $1240230.60   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Schlumberger NV                                       | Schlumberger NV                                       | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     74022 | NS      | $2726970.48   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Ovintiv Inc                                           | Ovintiv Inc                                           | CUSIP: 69047Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49053 | NS      | $2066112.36   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| CRH PLC                                               | CRH PLC                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |     19316 | NS      | $2181742.20   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Accenture PLC                                         | Accenture PLC                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |     24454 | NS      | $6357306.38   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Amcor PLC                                             | Amcor PLC                                             | CUSIP: N/A<br>LEI: 549300GSODGFCDQ3DI89       | Long             | EC               | CORP              | JE        |    406756 | NS      | $3510304.28   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Aptiv PLC                                             | Aptiv PLC                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JE        |     40994 | NS      | $3260252.82   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard FTSE Emerging Markets ETF                    | Vanguard FTSE Emerging Markets ETF                    | CUSIP: 922042858<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1204928 | NS      | $62089939.84  | 5.89%             |  |  |  | No            | 1                  | On Loan: —       |
| VANGUARD FTSE DEVELOPED ETF                           | VANGUARD FTSE DEVELOPED ETF                           | CUSIP: 921943858<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1769999 | NS      | $103916641.29 | 9.86%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares Core MSCI International Developed Markets ETF | iShares Core MSCI International Developed Markets ETF | CUSIP: 46435G326<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1328229 | NS      | $104053459.86 | 9.88%             |  |  |  | No            | 1                  | On Loan: —       |
| Avantis U.S. Small Cap Value ETF                      | Avantis U.S. Small Cap Value ETF                      | CUSIP: 025072877<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1097625 | NS      | $109597856.25 | 10.40%            |  |  |  | No            | 1                  | On Loan: —       |
| Avantis International Small Cap Value ETF             | Avantis International Small Cap Value ETF             | CUSIP: 025072802<br>LEI: N/A                  | Long             | EC               | RF                | US        |    618277 | NS      | $53035801.06  | 5.03%             |  |  |  | No            | 1                  | On Loan: —       |
| Avantis Emerging Markets Value ETF                    | Avantis Emerging Markets Value ETF                    | CUSIP: 025072372<br>LEI: N/A                  | Long             | EC               | RF                | US        |    740977 | NS      | $41161272.35  | 3.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Avantis Real Estate ETF                               | Avantis Real Estate ETF                               | CUSIP: 025072356<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1174819 | NS      | $52890351.38  | 5.02%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Government Obligations Fund            | First American Government Obligations Fund            | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   2131308 | PA      | $2131308.35   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Medpace Holdings Inc                                  | Medpace Holdings Inc                                  | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |      2822 | NS      | $1341889.22   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Iridium Communications Inc                            | Iridium Communications Inc                            | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |     16675 | NS      | $415040.75    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Charter Communications Inc                            | Charter Communications Inc                            | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |     14210 | NS      | $3773891.80   | 0.36%             |  |  |  | No            | 1                  | On Loan: —       |
| Dropbox Inc                                           | Dropbox Inc                                           | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |     36552 | NS      | $1062201.12   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Marathon Petroleum Corp                               | Marathon Petroleum Corp                               | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     33629 | NS      | $6043467.59   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Allison Transmission Holdings Inc                     | Allison Transmission Holdings Inc                     | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     15161 | NS      | $1323706.91   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| CDW Corp/DE                                           | CDW Corp/DE                                           | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      4757 | NS      | $783763.32    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Post Holdings Inc                                     | Post Holdings Inc                                     | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |      2905 | NS      | $328700.75    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Murphy USA Inc                                        | Murphy USA Inc                                        | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |      2456 | NS      | $924684.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| AbbVie Inc                                            | AbbVie Inc                                            | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     38149 | NS      | $8026549.60   | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Phillips 66                                           | Phillips 66                                           | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     46105 | NS      | $6158705.90   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Science Applications International Corp               | Science Applications International Corp               | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |      8512 | NS      | $1001862.40   | 0.10%             |  |  |  | No            | 1                  | On Loan: —       |
| Kraft Heinz Co/The                                    | Kraft Heinz Co/The                                    | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |    158721 | NS      | $4439426.37   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| SS&C Technologies Holdings Inc                        | SS&C Technologies Holdings Inc                        | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |      3015 | NS      | $267309.90    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| GoDaddy Inc                                           | GoDaddy Inc                                           | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      6725 | NS      | $997384.75    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| TopBuild Corp                                         | TopBuild Corp                                         | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |      4948 | NS      | $2081920.48   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Qorvo Inc                                             | Qorvo Inc                                             | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |     16434 | NS      | $1490563.80   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Albertsons Cos Inc                                    | Albertsons Cos Inc                                    | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |     73355 | NS      | $1427488.30   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| DuPont de Nemours Inc                                 | DuPont de Nemours Inc                                 | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     40174 | NS      | $3090184.08   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Dell Technologies Inc                                 | Dell Technologies Inc                                 | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      1972 | NS      | $240879.80    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| ULTA BEAUTY INC                                       | ULTA BEAUTY INC                                       | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      6268 | NS      | $3088431.64   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Antero Midstream Corp                                 | Antero Midstream Corp                                 | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54567 | NS      | $970746.93    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Wyndham Hotels & Resorts Inc                          | Wyndham Hotels & Resorts Inc                          | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     13887 | NS      | $1202753.07   | 0.11%             |  |  |  | No            | 1                  | On Loan: —       |
| Fox Corp                                              | Fox Corp                                              | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     36772 | NS      | $2195288.40   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Fox Corp                                              | Fox Corp                                              | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     22711 | NS      | $1238885.05   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Reynolds Consumer Products Inc                        | Reynolds Consumer Products Inc                        | CUSIP: 76171L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11686 | NS      | $271232.06    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Builders FirstSource Inc                              | Builders FirstSource Inc                              | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     18999 | NS      | $2634781.32   | 0.25%             |  |  |  | No            | 1                  | On Loan: —       |
| Donaldson Co Inc                                      | Donaldson Co Inc                                      | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |     21328 | NS      | $1699201.76   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| GEN DIGITAL INC                                       | GEN DIGITAL INC                                       | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |      8788 | NS      | $265397.60    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Boyd Gaming Corp                                      | Boyd Gaming Corp                                      | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |     10599 | NS      | $910030.14    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| BorgWarner Inc                                        | BorgWarner Inc                                        | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     34631 | NS      | $1480821.56   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Expeditors International of Washington Inc            | Expeditors International of Washington Inc            | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |     22918 | NS      | $2762535.72   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Acuity Inc                                            | Acuity Inc                                            | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       826 | NS      | $269664.22    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| NewMarket Corp                                        | NewMarket Corp                                        | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |       431 | NS      | $356419.76    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| FedEx Corp                                            | FedEx Corp                                            | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     13687 | NS      | $3162655.09   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| FMC Corp                                              | FMC Corp                                              | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     23542 | NS      | $920492.20    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Akamai Technologies Inc                               | Akamai Technologies Inc                               | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |      3381 | NS      | $267538.53    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| General Dynamics Corp                                 | General Dynamics Corp                                 | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      3014 | NS      | $978253.98    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| General Mills Inc                                     | General Mills Inc                                     | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     95913 | NS      | $4731388.29   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| VeriSign Inc                                          | VeriSign Inc                                          | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      3570 | NS      | $975930.90    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Gentex Corp                                           | Gentex Corp                                           | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |     41722 | NS      | $1168633.22   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Columbia Sportswear Co                                | Columbia Sportswear Co                                | CUSIP: 198516106<br>LEI: 549300OTMCIEUXAH5Z60 | Long             | EC               | CORP              | US        |      5268 | NS      | $293532.96    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Genuine Parts Co                                      | Genuine Parts Co                                      | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |      3433 | NS      | $478319.89    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Hasbro Inc                                            | Hasbro Inc                                            | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |      3367 | NS      | $273299.39    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Home Depot Inc/The                                    | Home Depot Inc/The                                    | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     21957 | NS      | $8931448.89   | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| H&R Block Inc                                         | H&R Block Inc                                         | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     23126 | NS      | $1164394.10   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Hormel Foods Corp                                     | Hormel Foods Corp                                     | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |     51300 | NS      | $1305072.00   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| L3Harris Technologies Inc                             | L3Harris Technologies Inc                             | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      6631 | NS      | $1840898.22   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Eastman Chemical Co                                   | Eastman Chemical Co                                   | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |     23951 | NS      | $1684713.34   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Crocs Inc                                             | Crocs Inc                                             | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |     10073 | NS      | $878365.60    | 0.08%             |  |  |  | No            | 1                  | On Loan: —       |
| International Paper Co                                | International Paper Co                                | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |      8119 | NS      | $403351.92    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Illinois Tool Works Inc                               | Illinois Tool Works Inc                               | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |      9687 | NS      | $2563664.55   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Avery Dennison Corp                                   | Avery Dennison Corp                                   | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      9623 | NS      | $1651787.95   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Apple Inc                                             | Apple Inc                                             | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    135715 | NS      | $31504880.10  | 2.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Packaging Corp of America                             | Packaging Corp of America                             | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     12261 | NS      | $2672407.56   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Cognizant Technology Solutions Corp                   | Cognizant Technology Solutions Corp                   | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     66711 | NS      | $4819869.75   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Valero Energy Corp                                    | Valero Energy Corp                                    | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     40886 | NS      | $6215080.86   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Darden Restaurants Inc                                | Darden Restaurants Inc                                | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |      3249 | NS      | $672348.06    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Applied Materials Inc                                 | Applied Materials Inc                                 | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     28233 | NS      | $4538737.08   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Amgen Inc                                             | Amgen Inc                                             | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     19153 | NS      | $5510509.63   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| AutoNation Inc                                        | AutoNation Inc                                        | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4529 | NS      | $992213.32    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| A O Smith Corp                                        | A O Smith Corp                                        | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     20321 | NS      | $1448684.09   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Arrow Electronics Inc                                 | Arrow Electronics Inc                                 | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |     10500 | NS      | $1326465.00   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| MSC Industrial Direct Co Inc                          | MSC Industrial Direct Co Inc                          | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |      8671 | NS      | $782384.33    | 0.07%             |  |  |  | No            | 1                  | On Loan: —       |
| Vail Resorts Inc                                      | Vail Resorts Inc                                      | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |      6419 | NS      | $1051432.20   | 0.10%             |  |  |  | No            | 1                  | On Loan: —       |
| Lockheed Martin Corp                                  | Lockheed Martin Corp                                  | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     14035 | NS      | $6394767.05   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Pool Corp                                             | Pool Corp                                             | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      4380 | NS      | $1360909.80   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Baxter International Inc                              | Baxter International Inc                              | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |    111006 | NS      | $2740738.14   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Best Buy Co Inc                                       | Best Buy Co Inc                                       | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |     33390 | NS      | $2458839.60   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Brunswick Corp/DE                                     | Brunswick Corp/DE                                     | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |     11336 | NS      | $720856.24    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Caterpillar Inc                                       | Caterpillar Inc                                       | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     10034 | NS      | $4204647.36   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Crown Holdings Inc                                    | Crown Holdings Inc                                    | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      5312 | NS      | $527906.56    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Colgate-Palmolive Co                                  | Colgate-Palmolive Co                                  | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     55198 | NS      | $4640495.86   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Clorox Co/The                                         | Clorox Co/The                                         | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |     22007 | NS      | $2601227.40   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Comcast Corp                                          | Comcast Corp                                          | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    188757 | NS      | $6412075.29   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Mosaic Co/The                                         | Mosaic Co/The                                         | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     57089 | NS      | $1906772.60   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Carlisle Cos Inc                                      | Carlisle Cos Inc                                      | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      8622 | NS      | $3327143.58   | 0.32%             |  |  |  | No            | 1                  | On Loan: —       |
| CSX Corp                                              | CSX Corp                                              | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     99077 | NS      | $3220993.27   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Sysco Corp                                            | Sysco Corp                                            | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     25714 | NS      | $2069205.58   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Ralph Lauren Corp                                     | Ralph Lauren Corp                                     | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |       846 | NS      | $251202.78    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Dillard's Inc                                         | Dillard's Inc                                         | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |       600 | NS      | $319728.00    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Molson Coors Beverage Co                              | Molson Coors Beverage Co                              | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |     30034 | NS      | $1516416.66   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Omnicom Group Inc                                     | Omnicom Group Inc                                     | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     34293 | NS      | $2686170.69   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Ross Stores Inc                                       | Ross Stores Inc                                       | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      1811 | NS      | $266506.76    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Southern Copper Corp                                  | Southern Copper Corp                                  | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |     11991 | NS      | $1152188.43   | 0.11%             |  |  |  | No            | 1                  | On Loan: —       |
| AT&T Inc                                              | AT&T Inc                                              | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    143255 | NS      | $4195938.95   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| J M Smucker Co/The                                    | J M Smucker Co/The                                    | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |     17831 | NS      | $1970503.81   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Scotts Miracle-Gro Co/The                             | Scotts Miracle-Gro Co/The                             | CUSIP: 810186106<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | EC               | CORP              | US        |      7781 | NS      | $476352.82    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Snap-on Inc                                           | Snap-on Inc                                           | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      9237 | NS      | $3004241.88   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| CH Robinson Worldwide Inc                             | CH Robinson Worldwide Inc                             | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     17085 | NS      | $2198839.50   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Service Corp International/US                         | Service Corp International/US                         | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |     23435 | NS      | $1857223.75   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Kellanova                                             | Kellanova                                             | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |      3202 | NS      | $254559.00    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Timken Co/The                                         | Timken Co/The                                         | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |      4618 | NS      | $356648.14    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Toll Brothers Inc                                     | Toll Brothers Inc                                     | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |     16633 | NS      | $2311987.00   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Toro Co/The                                           | Toro Co/The                                           | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |     17147 | NS      | $1389935.82   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Textron Inc                                           | Textron Inc                                           | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |     31674 | NS      | $2538987.84   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| CF Industries Holdings Inc                            | CF Industries Holdings Inc                            | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     28581 | NS      | $2475972.03   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Whirlpool Corp                                        | Whirlpool Corp                                        | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |      9383 | NS      | $874026.45    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Ingredion Inc                                         | Ingredion Inc                                         | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |      4943 | NS      | $640316.22    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Tapestry Inc                                          | Tapestry Inc                                          | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     28716 | NS      | $2923863.12   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| EOG Resources Inc                                     | EOG Resources Inc                                     | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     48787 | NS      | $6089593.34   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Mettler-Toledo International Inc                      | Mettler-Toledo International Inc                      | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |       451 | NS      | $586769.04    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Chemed Corp                                           | Chemed Corp                                           | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |      2561 | NS      | $1172809.95   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Cirrus Logic Inc                                      | Cirrus Logic Inc                                      | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      9418 | NS      | $1075441.42   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| PPG Industries Inc                                    | PPG Industries Inc                                    | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |      9442 | NS      | $1050233.66   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Align Technology Inc                                  | Align Technology Inc                                  | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |     17676 | NS      | $2509284.96   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Johnson & Johnson                                     | Johnson & Johnson                                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     51005 | NS      | $9036555.85   | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| Kimberly-Clark Corp                                   | Kimberly-Clark Corp                                   | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     35358 | NS      | $4566132.12   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Kroger Co/The                                         | Kroger Co/The                                         | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     40468 | NS      | $2745349.12   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Quest Diagnostics Inc                                 | Quest Diagnostics Inc                                 | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     19013 | NS      | $3453521.32   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Lowe's Cos Inc                                        | Lowe's Cos Inc                                        | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     26778 | NS      | $6910330.68   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Lam Research Corp                                     | Lam Research Corp                                     | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     43033 | NS      | $4309754.95   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Bath & Body Works Inc                                 | Bath & Body Works Inc                                 | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |     39141 | NS      | $1143308.61   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Masco Corp                                            | Masco Corp                                            | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     34655 | NS      | $2543330.45   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Electronic Arts Inc                                   | Electronic Arts Inc                                   | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     14051 | NS      | $2416069.45   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| 3M Co                                                 | 3M Co                                                 | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     32014 | NS      | $4979137.42   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Altria Group Inc                                      | Altria Group Inc                                      | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     97543 | NS      | $6555865.03   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Choice Hotels International Inc                       | Choice Hotels International Inc                       | CUSIP: 169905106<br>LEI: 5493003CYRY5RFGTIR97 | Long             | EC               | CORP              | US        |      2023 | NS      | $241910.34    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| ADT Inc                                               | ADT Inc                                               | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64617 | NS      | $562814.07    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| PulteGroup Inc                                        | PulteGroup Inc                                        | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33206 | NS      | $4383856.12   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Procter & Gamble Co/The                               | Procter & Gamble Co/The                               | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     54838 | NS      | $8611759.52   | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Pfizer Inc                                            | Pfizer Inc                                            | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    267185 | NS      | $6615500.60   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| PACCAR Inc                                            | PACCAR Inc                                            | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     40075 | NS      | $4006698.50   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| ConocoPhillips                                        | ConocoPhillips                                        | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     66933 | NS      | $6624359.01   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| NVR Inc                                               | NVR Inc                                               | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |       477 | NS      | $3872119.05   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Nucor Corp                                            | Nucor Corp                                            | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     24656 | NS      | $3667086.88   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Exelixis Inc                                          | Exelixis Inc                                          | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |      6937 | NS      | $259582.54    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Newmont Corp                                          | Newmont Corp                                          | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     27724 | NS      | $2062665.60   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Merck & Co Inc                                        | Merck & Co Inc                                        | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     87098 | NS      | $7326683.76   | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| MOUNT VERNON LIQUID ASSETS PORTFOLIO                  | MOUNT VERNON LIQUID ASSETS PORTFOLIO                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  90381617 | NS      | $90381617.25  | 8.58%             |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2025-08-29

**Name of Applicant:** EA Series Trust

**Signature:** /s/ Sean Hegarty

**Name of Signer:** Sean Hegarty

**Title:** Treasurer