# EDGAR Filing Document

**Accession Number:** 0001592900
**File Stem:** 0001592900-26-000170
**Filing Date:** 2026-1
**Character Count:** 16872
**Document Hash:** 4083c675b73068c0df655955f4b73ef7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001592900-26-000170.hdr.sgml**: 20260116

**ACCESSION NUMBER**: 0001592900-26-000170

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251128

**FILED AS OF DATE**: 20260116

**DATE AS OF CHANGE**: 20260116

**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:** 26538982

**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

### Sarmaya Thematic ETF (Series ID: S000089845)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000256664 | Sarmaya Thematic ETF | LENS            |

## 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:** Sarmaya Thematic ETF

- **b. EDGAR series identifier (if any):** S000089845

- **c. LEI of Series:** 52990059JU15RUJ6SN97

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

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

- **b. Date as of which information is reported:** 2025-11-28

**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:** $16154326.23

**Total Liabilities:** $9369.20

**Net Assets:** $16144957.03

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256664 | 11.33%               | 1.38%                | 10.04%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $82841.85                | $706646.18                                 |
| Month 2  | $191841.67               | $-24122.86                                 |
| Month 3  | $420.16                  | $1433688.49                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Northern Dynasty Minerals Ltd              | Northern Dynasty Minerals Ltd              | CUSIP: 66510M204<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     54701 | NS      | $105025.92    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| First Majestic Silver Corp                 | First Majestic Silver Corp                 | CUSIP: 32076V103<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     24641 | NS      | $375282.43    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                           | TotalEnergies SE                           | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |      3655 | NS      | $240133.50    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Novagold Resources Inc                     | Novagold Resources Inc                     | CUSIP: 66987E206<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     22968 | NS      | $234043.92    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd                     | Agnico Eagle Mines Ltd                     | CUSIP: 008474108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      3888 | NS      | $678183.84    | 4.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                                | Cameco Corp                                | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |      1611 | NS      | $142589.61    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavour Silver Corp                      | Endeavour Silver Corp                      | CUSIP: 29258Y103<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     38320 | NS      | $380517.60    | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| New Gold Inc                               | New Gold Inc                               | CUSIP: 644535106<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      9172 | NS      | $76586.20     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Fields Ltd                            | Gold Fields Ltd                            | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |     13244 | NS      | $568035.16    | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudbay Minerals Inc                        | Hudbay Minerals Inc                        | CUSIP: 443628102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     17723 | NS      | $300582.08    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corp               | Wheaton Precious Metals Corp               | CUSIP: 962879102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      1392 | NS      | $153189.60    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinox Gold Corp                          | Equinox Gold Corp                          | CUSIP: 29446Y502<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     44008 | NS      | $610831.04    | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Sibanye Stillwater Ltd                     | Sibanye Stillwater Ltd                     | CUSIP: 82575P107<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     34751 | NS      | $463230.83    | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Navios Maritime Partners LP                | Navios Maritime Partners LP                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MH        |      4647 | NS      | $252796.80    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Silver Trust                       | iShares Silver Trust                       | CUSIP: 46428Q109<br>LEI: 549300K2C2CG14B0ZA09 | Long             | EC               | RF                | US        |     18497 | NS      | $947231.37    | 5.87%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Gold Trust                         | iShares Gold Trust                         | CUSIP: 464285204<br>LEI: 5493006UOY7GXQW0IP42 | Long             | EC               | RF                | US        |     15627 | NS      | $1240940.07   | 7.69%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Gold MiniShares Trust                 | SPDR Gold MiniShares Trust                 | CUSIP: 98149E303<br>LEI: N/A                  | Long             | EC               | RF                | US        |     18623 | NS      | $1554275.58   | 9.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Architect 1-3 Month Box ETF          | Alpha Architect 1-3 Month Box ETF          | CUSIP: 02072L565<br>LEI: 549300AINK03GE0FNT25 | Long             | EC               | RF                | US        |      4088 | NS      | $468484.80    | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obligations Fund | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    242927 | PA      | $242927.21    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Mining Corp                        | Barrick Mining Corp                        | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |      6292 | NS      | $260111.28    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                                    | SLB Ltd                                    | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |      8316 | NS      | $301371.84    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                 | Siemens AG                                 | CUSIP: 826197501<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |       870 | NS      | $115396.80    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                                   | EQT Corp                                   | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |      2236 | NS      | $136082.96    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc                       | Freeport-McMoRan Inc                       | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      3917 | NS      | $168352.66    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hecla Mining Co                            | Hecla Mining Co                            | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |     56504 | NS      | $950397.28    | 5.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp                       | Southern Copper Corp                       | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |      2320 | NS      | $312704.16    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                        | Cheniere Energy Inc                        | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      1419 | NS      | $295804.74    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp                       | Range Resources Corp                       | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |     11075 | NS      | $437351.75    | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                           | Exxon Mobil Corp                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      6470 | NS      | $750002.40    | 4.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                               | Chevron Corp                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2483 | NS      | $375255.79    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corp                      | Antero Resources Corp                      | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |      6681 | NS      | $243388.83    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| BKV Corp                                   | BKV Corp                                   | CUSIP: 05603J108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5668 | NS      | $156493.48    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| COEUR MINING INC.                          | COEUR MINING INC.                          | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |     21510 | NS      | $371477.70    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp                          | Kinross Gold Corp                          | CUSIP: 496902404<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     29216 | NS      | $821261.76    | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP Group Ltd                              | BHP Group Ltd                              | CUSIP: 088606108<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |      4300 | NS      | $235339.00    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Transocean Ltd                             | Transocean Ltd                             | CUSIP: N/A<br>LEI: 529900QO4W5DQGBGEF32       | Long             | EC               | CORP              | CH        |     84584 | NS      | $373015.44    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                                    | Vale SA                                    | CUSIP: 91912E105<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     23478 | NS      | $296057.58    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Impala Platinum Holdings Ltd               | Impala Platinum Holdings Ltd               | CUSIP: 452553308<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     25037 | NS      | $312962.50    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Forum Energy Technologies Inc              | Forum Energy Technologies Inc              | CUSIP: 34984V209<br>LEI: 549300SF93HLCR1REE27 | Long             | EC               | CORP              | US        |      6020 | NS      | $189028.00    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** EA Series Trust

**Signature:** /s/ Sean Hegarty

**Name of Signer:** Sean Hegarty

**Title:** Treasurer