# EDGAR Filing Document

**Accession Number:** 0001540305
**File Stem:** 0001193125-26-247854
**Filing Date:** 2026-5
**Character Count:** 26937
**Document Hash:** 6e33fbefbbffc6e3b1979206a3a239ed
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-247854.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0001193125-26-247854

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20261231

**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:** 261042900

**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

### Bahl & Gaynor Dividend ETF (Series ID: S000089194)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000255708 | Bahl & Gaynor Dividend ETF | BGDV            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Bahl & Gaynor Dividend ETF** | **Bahl & Gaynor Dividend ETF** | **Bahl & Gaynor Dividend ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** |
| **COMMON STOCKS - 99.9%** | **Shares**  | **Value**  |
| **Communication Services - 5.2%** | **Communication Services - 5.2%** | |
| Alphabet, Inc. - Class A | 73130 | $21029263 |
| Meta Platforms, Inc. - Class A | 28132 | 16095161 |
|  |  | 37124424 |
| **Consumer Discretionary - 6.0%** | **Consumer Discretionary - 6.0%** |  |
| Ferrari NV | 27610 | 9344605 |
| Home Depot, Inc. | 32533 | 10699778 |
| TJX Cos., Inc. | 143553 | 22925414 |
|  |  | 42969797 |
| **Consumer Staples - 3.8%** | **Consumer Staples - 3.8%** |  |
| Mondelez International, Inc. - Class A | 211610 | 12197200 |
| Procter & Gamble Co. | 23485 | 3392174 |
| Walmart, Inc. | 89335 | 11102554 |
|  |  | 26691928 |
| **Energy - 7.5%** | **Energy - 7.5%** |  |
| Chevron Corp. | 47197 | 9765060 |
| Targa Resources Corp. | 90063 | 22581496 |
| Williams Cos., Inc. | 292400 | 21280872 |
|  |  | 53627428 |
| **Financials - 16.8%** | **Financials - 16.8%** |  |
| Apollo Global Management, Inc. | 88119 | 9818219 |
| Cboe Global Markets, Inc. | 47977 | 13484895 |
| CME Group, Inc. | 14337 | 4234433 |
| Evercore, Inc. - Class A | 15817 | 4721533 |
| Hartford Insurance Group, Inc. | 133261 | 18020885 |
| JPMorgan Chase & Co. | 55784 | 16409421 |
| KKR & Co., Inc. | 67623 | 6255128 |
| Reinsurance Group of America, Inc. | 78585 | 16043914 |
| Travelers Cos., Inc. | 48658 | 14192565 |
| Victory Capital Holdings, Inc. - Class A | 251363 | 16459249 |
|  |  | 119640242 |
| **Health Care - 10.5%** | **Health Care - 10.5%** |  |
| AbbVie, Inc. | 98896 | 21508891 |
| Eli Lilly & Co. | 30349 | 27914100 |
| Encompass Health Corp. | 126424 | 12228993 |
| UnitedHealth Group, Inc. | 48010 | 12991026 |
|  |  | 74643010 |
| **Industrials - 18.1%** | **Industrials - 18.1%** |  |
| Broadridge Financial Solutions, Inc. | 44039 | 7155457 |
| Carlisle Cos., Inc. | 27118 | 9047107 |
| Carrier Global Corp. | 242239 | 13640478 |
| Cintas Corp. | 105389 | 17825495 |
| Hubbell, Inc. | 18808 | 9229838 |
| L3Harris Technologies, Inc. | 48537 | 16752546 |
| Parker-Hannifin Corp. | 18140 | 16239654 |
| RB Global, Inc. | 83946 | 8046224 |
| Snap-on, Inc. | 37016 | 13444951 |
| Waste Management, Inc. | 75276 | 17297672 |
|  |  | 128679422 |
| **Information Technology - 24.0%** | **Information Technology - 24.0%** |  |
| Accenture PLC - Class A | 33399 | 6622688 |
| Amphenol Corp. - Class A | 98566 | 12453814 |
| Analog Devices, Inc. | 36825 | 11715506 |
| Broadcom, Inc. | 113375 | 35090696 |
| Microsoft Corp. | 41565 | 15386116 |
| Motorola Solutions, Inc. | 64966 | 28193295 |
| Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | 118674 | 40105878 |
| Western Digital Corp. | 76415 | 20669493 |
|  |  | 170237486 |
| **Materials - 2.4%** | **Materials - 2.4%** |  |
| Avery Dennison Corp. | 25008 | 4318381 |
| Linde PLC | 25105 | 12446055 |
|  |  | 16764436 |
| **Utilities - 5.6%** | **Utilities - 5.6%** |  |
| CMS Energy Corp. | 144119 | 11180752 |
| NextEra Energy, Inc. | 187819 | 17444629 |
| Sempra | 117817 | 11448278 |
|  |  | 40073659 |
| **TOTAL COMMON STOCKS** (Cost $641,722,106) | **TOTAL COMMON STOCKS** (Cost $641,722,106) | 710451832 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **U.S. TREASURY BILLS - 0.1%** | **Par**  | **Value**  |
| 3.60%, 06/25/2026 <sup>(a)</sup> | $154000 | 152697 |
| 3.56%, 07/02/2026 <sup>(a)</sup> | 127000 | 125832 |
| **TOTAL U.S. TREASURY BILLS** (Cost $278,556) | **TOTAL U.S. TREASURY BILLS** (Cost $278,556) | 278529 |
| **TOTAL INVESTMENTS - 100.0% (**Cost $642,000,662**)** | **TOTAL INVESTMENTS - 100.0% (**Cost $642,000,662**)** | 710730361 |
| Other Assets in Excess of Liabilities - 0.0% <sup>(b)</sup> | Other Assets in Excess of Liabilities - 0.0% <sup>(b)</sup> | 255759 |
| **TOTAL NET ASSETS - 100.0%** |  | $710986120 |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

---

| |
|:---|
| ADR - American Depositary Receipt |
| PLC - Public Limited Company |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

(a) The rate shown is the annualized yield as of March 31, 2026.

(b) Represents less than 0.05% of net assets.

------

#### Summary of Fair Value Disclosure as of March 31, 2026 (Unaudited)
Bahl & Gaynor Dividend 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 March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $710451832 | $– | $– | $710451832 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bills | – | 278529 | – | 278529 |
| Total Investments | $710451832 | $278529 | $– | $710730361 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## 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:** Bahl & Gaynor Dividend ETF

- **b. EDGAR series identifier (if any):** S000089194

- **c. LEI of Series:** 529900U80MGWWWHM6Z33

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

- **a. Date of fiscal year-end:** 2026-12-31

- **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:** $711289153.92

**Total Liabilities:** $303023.35

**Net Assets:** $710986130.57

**Cash Not Reported:** $135903.88

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255708 | 2.99%                | 4.02%                | -6.21%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-364319.69              | $21399096.53                               |
| Month 2  | $7869649.79              | $21097283.08                               |
| Month 3  | $4473657.28              | $-53084817.83                              |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AbbVie Inc                     | AbbVie Inc                                | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     98896 | NS      | $21508891.04  | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                             | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     98566 | NS      | $12453814.10  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc   | Apollo Global Management Inc              | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |     88119 | NS      | $9818218.98   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions | Broadridge Financial Solutions Inc        | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     44039 | NS      | $7155456.72   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc        | Cboe Global Markets Inc                   | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |     47977 | NS      | $13484895.39  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                    | Cintas Corp                               | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    105389 | NS      | $17825495.46  | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc      | L3Harris Technologies Inc                 | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     48537 | NS      | $16752545.55  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     41565 | NS      | $15386116.05  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc         | Motorola Solutions Inc                    | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     64966 | NS      | $28193295.02  | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The        | Procter & Gamble Co/The                   | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     23485 | NS      | $3392173.40   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                           | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    143553 | NS      | $22925414.10  | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The          | Travelers Cos Inc/The                     | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     48658 | NS      | $14192565.44  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                   | Chevron Corp                              | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47197 | NS      | $9765059.30   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp           | Parker-Hannifin Corp                      | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     18140 | NS      | $16239653.60  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                              | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     73130 | NS      | $21029262.80  | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc             | Analog Devices Inc                        | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     36825 | NS      | $11715505.50  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    113375 | NS      | $35090696.25  | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                | CMS Energy Corp                           | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |    144119 | NS      | $11180752.02  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc               | Carlisle Cos Inc                          | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |     27118 | NS      | $9047107.16   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp            | Carrier Global Corp                       | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |    242239 | NS      | $13640478.09  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp          | Encompass Health Corp                     | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |    126424 | NS      | $12228993.52  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                   | Evercore Inc                              | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |     15817 | NS      | $4721532.67   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     28132 | NS      | $16095161.16  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/T | Hartford Insurance Group Inc/The          | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    133261 | NS      | $18020885.03  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                        | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     32533 | NS      | $10699778.37  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                    | Hubbell Inc                               | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |     18808 | NS      | $9229837.92   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     55784 | NS      | $16409421.44  | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                   | KKR & Co Inc                              | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     67623 | NS      | $6255127.50   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly & Co                            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     30349 | NS      | $27914099.73  | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc     | Mondelez International Inc                | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    211610 | NS      | $12197200.40  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America I | Reinsurance Group of America Inc          | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |     78585 | NS      | $16043913.60  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill               | CUSIP: 912797TE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    154000 | PA      | $152697.36    | 0.02%             | 2026-06-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Victory Capital Holdings Inc   | Victory Capital Holdings Inc              | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |    251363 | NS      | $16459249.24  | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                               | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     89335 | NS      | $11102553.80  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The           | Williams Cos Inc/The                      | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    292400 | NS      | $21280872.00  | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                      | Linde PLC                                 | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | US        |     25105 | NS      | $12446054.80  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                    | Snap-on Inc                               | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |     37016 | NS      | $13444951.52  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     48010 | NS      | $12991025.90  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc           | Waste Management Inc                      | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     75276 | NS      | $17297672.04  | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp           | Western Digital Corp                      | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |     76415 | NS      | $20669493.35  | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp            | Avery Dennison Corp                       | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |     25008 | NS      | $4318381.44   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                  | CME Group Inc                             | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     14337 | NS      | $4234432.95   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| RB Global Inc                  | RB Global Inc                             | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | US        |     83946 | NS      | $8046224.10   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    118674 | NS      | $40105878.30  | 5.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                  | Accenture PLC                             | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |     33399 | NS      | $6622687.71   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrari NV                     | Ferrari NV                                | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | IT        |     27610 | NS      | $9344604.50   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc             | NextEra Energy Inc                        | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    187819 | NS      | $17444628.72  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                         | Sempra                                    | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |    117817 | NS      | $11448277.89  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp           | Targa Resources Corp                      | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     90063 | NS      | $22581495.99  | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** ETF Series Solutions

**Signature:** /s/ Kristen Weitzel

**Name of Signer:** ETF Series Solutions

**Title:** Treasurer