# EDGAR Filing Document

**Accession Number:** 0001587551
**File Stem:** 0000910472-25-005347
**Filing Date:** 2025-12
**Character Count:** 13085
**Document Hash:** bed57e88e4a3454eb8af9f98c4665476
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-005347.hdr.sgml**: 20251201

**ACCESSION NUMBER**: 0000910472-25-005347

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251201

**DATE AS OF CHANGE**: 20251201

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Capitol Series Trust
- **CENTRAL INDEX KEY:** 0001587551

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22895
- **FILM NUMBER:** 251538549

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 5135873447

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Guardian Capital Fundamental Global Equity Fund (Series ID: S000067477)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000216962 | Institutional Shares | GFGEX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-22895

- **c. CIK number of Registrant:** 0001587551

- **d. LEI of Registrant:** 549300MZI5K7U8BD2Q02

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** GUARDIAN CAPITAL FUNDAMENTAL GLOBAL EQUITY FUND

- **b. EDGAR series identifier (if any):** S000067477

- **c. LEI of Series:** 549300Z8PFWUP2XVUT37

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

- **a. Date of fiscal year-end:** 2025-09-30

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $51051497.29

**Total Liabilities:** $61492.54

**Net Assets:** $50990004.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000216962 | -3.16%               | 0.79%                | -1.42%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3192471.31              | $-4976875.48                               |
| Month 2  | $90831.97                | $287306.51                                 |
| Month 3  | $31790.37                | $-850878.10                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Yum China Holdings Inc.                      | Yum China Holdings, Inc.                                          | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |     63822 | NS      | $2739240.24   | 5.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                                 | Illumina, Inc.                                                    | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |     13007 | NS      | $1235274.79   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                      | UnitedHealth Group, Inc.                                          | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      6996 | NS      | $2415718.80   | 4.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                    | Nestle SA                                                         | CUSIP: H57312649<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     14037 | NS      | $1288563.41   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Intertek Group PLC                           | Intertek Group PLC                                                | CUSIP: G4911B108<br>LEI: 2138003GAT25WW1RN369 | Long             | EC               | CORP              | GB        |     26866 | NS      | $1706156.30   | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc.                               | CME Group, Inc.                                                   | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     15956 | NS      | $4311151.64   | 8.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Novonesis (Novozymes) B                      | Novonesis (Novozymes) B                                           | CUSIP: K7317J133<br>LEI: 529900T6WNZXD2R3JW38 | Long             | EC               | CORP              | DK        |     37632 | NS      | $2302920.16   | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc.                    | MarketAxess Holdings, Inc.                                        | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |      9702 | NS      | $1690573.50   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Nike, Inc.                                   | NIKE, Inc.                                                        | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     26178 | NS      | $1825391.94   | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| EssilorLuxottica SA                          | EssilorLuxottica SA                                               | CUSIP: F31665106<br>LEI: 549300M3VH1A3ER1TB49 | Long             | EC               | CORP              | FR        |     10968 | NS      | $3553848.32   | 6.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.              | Automatic Data Processing, Inc.                                   | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      4784 | NS      | $1404104.00   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics, Inc.                       | Verisk Analytics, Inc.                                            | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |      3906 | NS      | $982398.06    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyence Corp.                                | Keyence Corp.                                                     | CUSIP: J32491102<br>LEI: 529900M7PQBS7A89DZ11 | Long             | EC               | CORP              | JP        |      3300 | NS      | $1231479.85   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                    | Adobe Systems, Inc.                                               | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      3300 | NS      | $1164075.00   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Institutional Liquidity Funds | Morgan Stanley Institutional Liquidity Fund  - Treasury Portfolio | CUSIP: 61747C582<br>LEI: 5493000A332Y142SOW84 | Long             | STIV             | RF                | US        |    326693 | PA      | $326692.51    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                        | Colgate-Palmolive Co.                                             | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     24023 | NS      | $1920398.62   | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |
| L'Oreal S.A.                                 | L'Oreal SA                                                        | CUSIP: F58149133<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |      6745 | NS      | $2917976.64   | 5.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Reckitt Benckiser Group PLC                  | Reckitt Benckiser Group PLC                                       | CUSIP: G74079107<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |     34391 | NS      | $2644714.38   | 5.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                             | Novo Nordisk A/S                                                  | CUSIP: K72807140<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     26197 | NS      | $1420006.05   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                | Accenture PLC                                                     | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      5644 | NS      | $1391810.40   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Coloplast AS                                 | Coloplast A/S                                                     | CUSIP: K16018192<br>LEI: 529900NN7SOJ5QG82X67 | Long             | EC               | CORP              | DK        |      8371 | NS      | $714887.20    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corporation                           | Waters Corp.                                                      | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |      4441 | NS      | $1331456.21   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                              | Microsoft Corp.                                                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      4813 | NS      | $2492893.35   | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                      | MasterCard, Inc.                                                  | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      5440 | NS      | $3094326.40   | 6.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                         | Booking Holdings, Inc.                                            | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       565 | NS      | $3050587.55   | 5.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Dassault Systemes                            | Dassault Systems SE                                               | CUSIP: F24571451<br>LEI: 96950065LBWY0APQIM86 | Long             | EC               | CORP              | FR        |     45122 | NS      | $1510246.80   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Capitol Series Trust

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller