# EDGAR Filing Document

**Accession Number:** 0001540305
**File Stem:** 0001193125-26-243940
**Filing Date:** 2026-5
**Character Count:** 13462
**Document Hash:** 01900eb77cdce4f028d915dc37f89d10
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-243940.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001193125-26-243940

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Series Solutions
- **CENTRAL INDEX KEY:** 0001540305

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1112

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22668
- **FILM NUMBER:** 261032362

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN ST
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN ST
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### The Brinsmere Fund - Conservative ETF (Series ID: S000082649)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000245968 | The Brinsmere Fund - Conservative ETF | TBFC            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ETF Series Solutions

- **b. Investment Company Act file number:** 811-22668

- **c. CIK number of Registrant:** 0001540305

- **d. LEI of Registrant:** 5493008BB0X0GYS3UI50

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

  - **Street Address 1:** 615 E Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1645

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

- **a. Name of Series:** The Brinsmere Fund - Conservative ETF

- **b. EDGAR series identifier (if any):** S000082649

- **c. LEI of Series:** 529900JOUFY03N996W58

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $340999838.07

**Total Liabilities:** $103901.44

**Net Assets:** $340895936.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000245968 | 2.22%                | 1.79%                | -3.97%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $543037.94               | $7207871.24                                |
| Month 2  | $2484148.67              | $3229081.89                                |
| Month 3  | $16528615.11             | $-32168127.29                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Dimensional US Equity Market E | Dimensional US Equity Market ETF                       | CUSIP: 25434V401<br>LEI: 549300TG4GW6UKRIBD35 | Long             | EC               | RF                | US        |    122769 | NS      | $8705549.79   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 7-10 Year Treasury Bon | iShares 7-10 Year Treasury Bond ETF                    | CUSIP: 464287440<br>LEI: 549300XS1PPZG92M8L16 | Long             | EC               | RF                | US        |    176423 | NS      | $16837811.12  | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Dimensional Emerging Markets V | Dimensional Emerging Markets Value ETF                 | CUSIP: 25434V740<br>LEI: 549300NVQB3X92GMEB29 | Long             | EC               | RF                | US        |    159296 | NS      | $5699610.88   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco RAFI US 1000 ETF       | Invesco RAFI US 1000 ETF                               | CUSIP: 46137V613<br>LEI: 549300GQ3ITIWDD1P554 | Long             | EC               | RF                | US        |    185543 | NS      | $8818858.79   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| iMGP DBi Managed Futures Strat | iMGP DBi Managed Futures Strategy ETF                  | CUSIP: 53700T827<br>LEI: 5493001M6OM3MQRFQ366 | Long             | EC               | RF                | US        |    298496 | NS      | $8999654.40   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR Portfolio S& | State Street SPDR Portfolio S&P 400 Mid Cap ETF        | CUSIP: 78464A847<br>LEI: 549300TKUU0ZLRVSLJ96 | Long             | EC               | RF                | US        |    125363 | NS      | $7423996.86   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Intermediate-Term Cor | Vanguard Intermediate-Term Corporate Bond ETF          | CUSIP: 92206C870<br>LEI: N/A                  | Long             | EC               | RF                | US        |    476453 | NS      | $39426485.75  | 11.57%            |  |  |  | No            |                  1 | On Loan: No      |
| Avantis International Small Ca | Avantis International Small Cap Value ETF              | CUSIP: 025072802<br>LEI: 549300IHSLZS0JQXM287 | Long             | EC               | RF                | US        |     55339 | NS      | $5526152.54   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MBS ETF                | iShares MBS ETF                                        | CUSIP: 464288588<br>LEI: 549300M0TH0IE2E6RP07 | Long             | EC               | RF                | US        |    236351 | NS      | $22441527.45  | 6.58%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI EAFE Min Vol Fact | iShares MSCI EAFE Min Vol Factor ETF                   | CUSIP: 46429B689<br>LEI: 549300N5K4JSWEZ74544 | Long             | EC               | RF                | US        |     63619 | NS      | $5812868.03   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Long-Term Treasury ET | Vanguard Long-Term Treasury ETF                        | CUSIP: 92206C847<br>LEI: N/A                  | Long             | EC               | RF                | US        |    259476 | NS      | $14363293.98  | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Gold MiniShares Trust     | SPDR Gold MiniShares Trust                             | CUSIP: 98149E303<br>LEI: 5493002IEEMEY6LRJ932 | Long             | EC               | RF                | US        |     86721 | NS      | $8038169.49   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Xtrackers USD High Yield Corpo | Xtrackers USD High Yield Corporate Bond ETF            | CUSIP: 233051432<br>LEI: 5493000ENPC36KSKPY20 | Long             | EC               | RF                | US        |    401840 | NS      | $14530534.40  | 4.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Dimensional International Core | Dimensional International Core Equity 2 ETF            | CUSIP: 25434V799<br>LEI: 549300OGZ7R0ZDQLA455 | Long             | EC               | RF                | US        |    157848 | NS      | $5608339.44   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Dimensional International Valu | Dimensional International Value ETF                    | CUSIP: 25434V807<br>LEI: 549300F3EUNKP4DGBS58 | Long             | EC               | RF                | US        |    108628 | NS      | $5733385.84   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco S&P 500 Momentum ETF   | Invesco S&P 500 Momentum ETF                           | CUSIP: 46138E339<br>LEI: 549300QP2QUH1GGTQU53 | Long             | EC               | RF                | US        |    107716 | NS      | $12076040.76  | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR Portfolio S& | State Street SPDR Portfolio S&P 600 Small Cap ETF      | CUSIP: 78468R853<br>LEI: 549300NYZX301TBLUJ08 | Long             | EC               | RF                | US        |    114383 | NS      | $5526986.56   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Total Bond Market ETF | Vanguard Total Bond Market ETF                         | CUSIP: 921937835<br>LEI: N/A                  | Long             | EC               | RF                | US        |     70751 | NS      | $5210103.64   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard High Dividend Yield E | Vanguard High Dividend Yield ETF                       | CUSIP: 921946406<br>LEI: N/A                  | Long             | EC               | RF                | US        |     57582 | NS      | $8527894.20   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard FTSE Emerging Markets | Vanguard FTSE Emerging Markets ETF                     | CUSIP: 922042858<br>LEI: N/A                  | Long             | EC               | RF                | US        |     80032 | NS      | $4325729.60   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Intermediate-Term Tre | Vanguard Intermediate-Term Treasury ETF                | CUSIP: 92206C706<br>LEI: N/A                  | Long             | EC               | RF                | US        |    666359 | NS      | $39681678.45  | 11.64%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Value ETF             | Vanguard Value ETF                                     | CUSIP: 922908744<br>LEI: N/A                  | Long             | EC               | RF                | US        |     46248 | NS      | $9073857.60   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard FTSE Developed Market | Vanguard FTSE Developed Markets ETF                    | CUSIP: 921943858<br>LEI: N/A                  | Long             | EC               | RF                | US        |    131196 | NS      | $8407039.68   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia EM Core ex-China ETF  | Columbia EM Core ex-China ETF                          | CUSIP: 19762B202<br>LEI: 54930086JPKAR4R2KS15 | Long             | EC               | RF                | US        |    110241 | NS      | $4498935.21   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund               | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |   1093907 | NS      | $1093907.19   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI USA Min Vol Facto | iShares MSCI USA Min Vol Factor ETF                    | CUSIP: 46429B697<br>LEI: 54930006KUZN6GLGL496 | Long             | EC               | RF                | US        |     97319 | NS      | $9025364.06   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR Portfolio S& | State Street SPDR Portfolio S&P 500 ETF                | CUSIP: 78464A854<br>LEI: 5493004K4F0RL72RIJ47 | Long             | EC               | RF                | US        |    292598 | NS      | $22395450.92  | 6.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab Fundamental Internation | Schwab Fundamental International Equity ETF            | CUSIP: 808524755<br>LEI: 549300V68SWSEW0KPS30 | Long             | EC               | RF                | US        |    116513 | NS      | $5700981.09   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Short-Term Inflation- | Vanguard Short-Term Inflation-Protected Securities ETF | CUSIP: 922020805<br>LEI: N/A                  | Long             | EC               | RF                | US        |    550214 | NS      | $27483189.30  | 8.06%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-18

**Name of Applicant:** ETF Series Solutions

**Signature:** /s/ Kristen Weitzel

**Name of Signer:** ETF Series Solutions

**Title:** Treasurer