# EDGAR Filing Document

**Accession Number:** 0002020928
**File Stem:** 0000910472-26-002783
**Filing Date:** 2026-2
**Character Count:** 20000
**Document Hash:** 35736146f55eb1ca3144a0f31bb45e60
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-002783.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000910472-26-002783

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OneAscent Capital Opportunities Fund
- **CENTRAL INDEX KEY:** 0002020928

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23957
- **FILM NUMBER:** 26683335

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-869-4265

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OneAscent Private Markets Access Fund
- **DATE OF NAME CHANGE:** 20240423

## Nport-Ex

OneAscent

Capital

Opportunities

Fund

Schedule

of

Investments

December

31,

2025

-

(Unaudited)

PRIVATE

INVESTMENTS

—

57.68%

Sh

ar

e

s

F

air

V

alu

e

DIRECT

INVESTMENTS

—

25.68%

COMMUNICATION

SERVICES

—

5.06%

Tango

Tango

,

Inc.

(a)(b) 300,000

$

1,500,000

CONSUMER

DISCRETIONARY

—

3.38%

For

Days,

Inc.

(a)(b) 14,409,221

1,000,000

FINANCIAL

SERVICES

—

3.38%

Data

Dasher,

Inc.

(a)(b)(c)(d)

—

1,000,000

HEALTH

CARE

—

3.72%

Lectra

Technologies,

Inc.

(a)(b)(d)

500,000

500,000

Shyld

AI,

Inc.

(a)(b)(d)

600,000

600,000

1,100,000

MATERIALS

—

3.38%

Red

Sea

Science

&

Technology,

Inc.

(a)(b) 33,840,847

1,000,000

TECHNOLOGY

—

6.76%

Conserv

Solutions,

Inc.,

Preferred

(a)(b) 2,945,508

1,000,000

Immerse,

Inc.

(a)(b)(c)(d)

—

1,000,000

2,000,000

TOTAL

DIRECT

INVESTMENTS

7,600,000

PRIVATE

INVESTMENT

FUNDS

—

25.26%

Burnt

Island

Ventures

(b)(c)(e)

—

1,000,000

Conductor

Capital,

LP

(b)(c)(e)

—

339,247

DLP

Housing

Fund

(b)(c)(e)

—

1,000,000

Dublin

Town

Center

V,

LP

(b)(c)(e)

—

1,000,000

Fortis

Green

Renewables

Green

Fund

I,

LLC

(b)(c)(e)

—

750,000

Highmount

Opportunity

Fund

I,

LP

(b)(c)(e)

—

168,383

Saturn

Five

Next

Frontier,

LLC

(b)(c)(e)

—

81,250

Sovereign

Capital

Clear,

LP

(b)(c)(e)

—

1,000,000

SunCap

Growth

Fund

II

(b)(c)(e)

—

800,018

Talanton

Momentum

Fund

(b)(c)(e)

—

148,603

TCG

Storage

of

Trussville

East,

LLC

(b)(c)(e)

—

750,000

The

Passport

Fund

I,

LLC

(b)(c)(e)

—

447,144

TOTAL

PRIVATE

INVESTMENT

FUNDS

7,484,645

PRIVATE

INVESTMENT

LOANS

—

6.74%

Lotus

Scrubs,

Inc.,

19.62%,

6/18/2028

(SOFR

+

1550bps)

(a)(b)(f)

1,000,000

1,000,000

Subsentio

,

Inc.,

9.5%,

5/1/2033

(a)(b) 1,000,000

1,000,000

TOTAL

PRIVATE

INVESTMENT

LOANS

2,000,000

TOTAL

PRIVATE

INVESTMENTS

(Cost $16,785,301)

17,084,645

EXCHANGE-TRADED

FUNDS

—

14.82%

Alerian

MLP

ETF

10,100

474,902

FT

Energy

Income

Partners

Enhanced

Income

ETF

50,000

993,500

Global

X

Russell

2000

Covered

Call

ETF

45,000

688,500

Harbor

Commodity

All-Weather

Strategy

ETF

38,425

953,709

SPDR®

Blackstone

High

Income

ETF

31,000

881,640

OneAscent

Capital

Opportunities

Fund

Schedule

of

Investments

(continued)

December

31,

2025

-

(Unaudited)

EXCHANGE-TRADED

FUNDS

—

14.82%

-

continued

Sh

ar

e

s

F

air

V

alu

e

VanEck

Mortgage

REIT

Income

ETF

38,000

$

399,380

TOTAL

EXCHANGE-TRADED

FUNDS

(Cost $4,395,852)

4,391,631

CLOSED-END

FUNDS

—

9.08%

TENDER

OFFER

FUNDS

—

7.62%

Hamilton

Lane

Private

Secondary

Fund

(e) 69,331

1,091,870

Hamilton

Lane

Venture

Capital

and

Growth

Fund

(e) 76,958

1,167,184

TOTAL

TENDER

OFFER

FUNDS

2,259,054

INTERVAL

FUNDS

—

1.46%

Cliffwater

Corporate

Lending

Fund

41,320

431,378

TOTAL

INTERVAL

FUNDS

431,378

TOTAL

CLOSED-END

FUNDS

(Cost $2,444,580)

2,690,432

OPEN-END

MUTUAL

FUNDS

—

5.92%

Ambassador

Fund,

Institutional

Class

(e) 96,538

968,280

Carlyle

Tactical

Private

Credit,

Class

I

8,035

66,690

Steward

Equity

Market

Neutral

Fund,

Institutional

Class

26,403

720,021

TOTAL

OPEN-END

MUTUAL

FUNDS

(Cost

$1,753,156)

1,754,991

MONEY

MARKET

FUNDS

-

9.45%

First

American

Government

Obligations

Fund,

Class

X,

3.67%

(g) 2,798,815

2,798,815

TOTAL

MONEY

MARKET

FUNDS

(Cost

$2,798,815)

2,798,815

Total

Investments

(Cost

$28,177,704)

—

96.95%

28,720,514

Other

Assets

in

Excess

of

Liabilities — 3.05%

903,733

NET

ASSETS

—

100.00%

$

29,624,247

(a) Level

securities

fair

valued

using

significant

unobservable

inputs.

(b) Restricted

investment

as

to

resale.

(c) Investment

does

not

issue

shares.

(d) Simple

agreement

for

future

equity

(SAFE).

(e) Investment

is

valued

using

the

Fund's

pro

rata

net

asset

value

(or

its

equivalent)

as

a

practical

expedient.

(f) Variable

rate

security.

Interest

rate

resets

periodically.

The

rate

shown

is

the

effective

interest

rate

as

of

December

31,

2025. For

securities

based

on

a

published

reference

rate

and

spread,

the

reference

rate

and

spread

(in

basis

points)

are

indicated

parenthetically.

Certain

variable

rate

securities

are

not

based

on

a

published

reference

rate

and

spread

but

are

determined

by

the

issuer

or

agent

and

are

based

on

current

market

conditions.

These

securities,

therefore,

do

not

indicate

a

reference

rate

and

spread.

(g) Rate

disclosed

is

the

seven

day

effective

yield

as

of

December

31,

2025. ETF

-

Exchange-Traded

Fund

REIT

-

Real

Estate

Investment

Trust

SPDR

-

Standard

&

Poor's

Depositary

Receipt

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** One Ascent Capital Opportunities Fund

- **b. Investment Company Act file number:** 811-23957

- **c. CIK number of Registrant:** 0002020928

- **d. LEI of Registrant:** 529900UIPU64ND9ARO52

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

  - **Street Address 1:** 23 Inverness Center Parkway

  - **City:** Birmingham

  - **State:** AL

  - **Foreign country:** US

  - **Zip / Postal Code:** 35242

  - **Telephone number:** 833-632-5139

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

- **a. Name of Series:** One Ascent Capital Opportunities Fund

- **c. LEI of Series:** 529900UIPU64ND9ARO52

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $29532554.70

**Total Liabilities:** $142596.59

**Net Assets:** $29389958.11

**Cash Not Reported:** $650000.00

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.28%                | 0.68%                | 0.18%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $25222.53                | $287881.39                                 |
| Month 2  | $13063.29                | $156917.66                                 |
| Month 3  | $30190.21                | $-112428.91                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ALPS ETF Trust                        | Alerian MLP ETF                                        | CUSIP: 00162Q452<br>LEI: 549300VF1907NYC4WM31 | Long             | EC               | RF                | US        |     10100 | NS      | $474902.00    | 1.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Carlyle Tactical Private Credit Fund  | Carlyle Tactical Private Credit Fund Class N           | CUSIP: 143106508<br>LEI: 549300Y0XP7YS3BATY05 | Long             | EC               | RF                | US        |      8035 | NS      | $66689.84     | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Cliffwater Corporate Lending Fund     | Cliffwater Corporate Lending Fund Class I              | CUSIP: 186854204<br>LEI: N/A                  | Long             | EC               | RF                | US        |     41320 | NS      | $431377.75    | 1.47%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Funds Inc.             | First American Government Obligations Fund Class X     | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   2798815 | PA      | $2798815.30   | 9.52%             |  |  |  | No            | 1                  | On Loan: No      |
| First Trust Exchange Traded Fund VIII | FT Energy Income Partners Enhanced Income Etf          | CUSIP: 33740F276<br>LEI: 549300NT36PJKGP5Y765 | Long             | EC               | RF                | US        |     50000 | NS      | $993500.00    | 3.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Global X Funds                        | Global X Russell 2000 Covered Call ETF                 | CUSIP: 37954Y459<br>LEI: 5493003RA4QUTSYF1N15 | Long             | EC               | RF                | US        |     45000 | NS      | $688500.00    | 2.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Harbor ETF Trust                      | Harbor Commodity All Weather Strategy ETF              | CUSIP: 41151J505<br>LEI: 549300NWWMUBG8UZZ226 | Long             | EC               | RF                | US        |     38425 | NS      | $953708.50    | 3.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Investment Managers Series Trust II   | Ambassador Fund USD Class                              | CUSIP: 46141T133<br>LEI: 549300SU7ER9OFETRU41 | Long             | EC               | RF                | US        |     96538 | NS      | $968280.65    | 3.29%             |  |  |  | No            | 1                  | On Loan: No      |
| SSGA Active Trust                     | SPDR Blackstone High Income ETF USD Class              | CUSIP: 78470P846<br>LEI: 549300MAXSRPQ75ICU67 | Long             | EC               | RF                | US        |     31000 | NS      | $881640.00    | 3.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Steward Funds Inc                     | Steward Equity Market Neutral Fund Institutional Class | CUSIP: 860324433<br>LEI: N/A                  | Long             | EC               | RF                | US        |     26403 | NS      | $720020.61    | 2.45%             |  |  |  | No            | 1                  | On Loan: No      |
| VanEck ETF Trust                      | VanEck Vectors Mortgage REIT Income ETF                | CUSIP: 92189F452<br>LEI: 549300ZLFKNTXC51ZN76 | Long             | EC               | RF                | US        |     38000 | NS      | $399380.00    | 1.36%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                   | Conductor Capital, LP                                  | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |    340850 | NS      | $339247.25    | 1.15%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | Conserv Solutions, Inc series B preferred              | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |   2945508 | NS      | $1000000.00   | 3.40%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                   | Data Dasher, Inc                                       | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |   1000000 | NS      | $1000000.00   | 3.40%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                   | DLP Housing Fund                                       | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |   1000000 | NS      | $1000000.00   | 3.40%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | Fortis Green Renewables Green Fund I, LLC              | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |    750000 | NS      | $750000.00    | 2.55%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | Hamilton Lane Private Secondary Fund                   | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |     69331 | NS      | $1091870.27   | 3.72%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | Hamilton Lane Venture Capital and Growth Fund          | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |     76958 | NS      | $1167183.57   | 3.97%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | Highmount Opportunity Fund I LP                        | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |    203053 | NS      | $168383.00    | 0.57%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | immerse inc                                            | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |   1000000 | NS      | $1000000.00   | 3.40%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                   | Burnt Island Ventures 2025 SPV I, LP                   | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |   1000000 | NS      | $1000000.00   | 3.40%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | Lectra Technologies, Inc                               | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |    500000 | NS      | $500000.00    | 1.70%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                   | Lotus Scrubs Inc Term Loan                             | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |   1000000 | PA      | $1000000.00   | 3.40%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                   | Dublin Town Center V, LP                               | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |   1000000 | NS      | $1000000.00   | 3.40%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | The Passport Fund I, LLC                               | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |   1000000 | NS      | $447144.89    | 1.52%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | Red Sea Science & Technology, Inc                      | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |  33840847 | NS      | $1000000.00   | 3.40%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                   | Saturn Five Next Frontier LLC                          | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |     81250 | NS      | $81250.00     | 0.28%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | Soverign Capital Clear, LP                             | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |   1000000 | NS      | $1000000.00   | 3.40%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | Shyid AI, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |    600000 | NS      | $600000.00    | 2.04%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                   | Subsentio, Inc                                         | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |   1000000 | PA      | $1000000.00   | 3.40%             |  |  |  | Yes           | 2                  | On Loan: No      |
| N/A                                   | SunCap Growth Fund II                                  | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |    800018 | NS      | $800018.00    | 2.72%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | Talanton Momentum Fund                                 | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |    148603 | NS      | $148602.76    | 0.51%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | Tango Tango Inc                                        | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |    300000 | NS      | $1500000.00   | 5.10%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                   | TCG Storage of Trussville East, LLC                    | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |    750000 | NS      | $750000.00    | 2.55%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                   | For Days Inc                                           | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |  14409221 | NS      | $1000000.00   | 3.40%             |  |  |  | Yes           | 3                  | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** One Ascent Capital Opportunities Fund

**Signature:** One Ascent Capital Opportunities Fund

**Name of Signer:** Sarah Criger

**Title:** VP, Fund Accounting