# EDGAR Filing Document

**Accession Number:** 0000919160
**File Stem:** 0001398344-26-009908
**Filing Date:** 2026-5
**Character Count:** 14463
**Document Hash:** c36151348a446b90bd08ba32ffc62900
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-26-009908.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001398344-26-009908

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GUINNESS ATKINSON FUNDS
- **CENTRAL INDEX KEY:** 0000919160

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08360
- **FILM NUMBER:** 261032745

**BUSINESS ADDRESS:**
- **STREET 1:** 251 SOUTH LAKE AVE
- **STREET 2:** SUITE 800
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101
- **BUSINESS PHONE:** 626-914-1041

**MAIL ADDRESS:**
- **STREET 1:** 251 SOUTH LAKE AVE
- **STREET 2:** SUITE 800
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INVESTEC FUNDS
- **DATE OF NAME CHANGE:** 20000927

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GUINNESS FLIGHT INVESTMENT FUNDS
- **DATE OF NAME CHANGE:** 19970506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GUINNESS FLIGHT INVESTMENT FUNDS INC
- **DATE OF NAME CHANGE:** 19940217

## Series and Classes Contracts Data

### Guinness Atkinson Alternative Energy Fund (Series ID: S000009156)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000024897 | Guinness Atkinson Alternative Energy Fund | GAAEX           |

## Nport-Ex

**GUINNESS ATKINSON ALTERNATIVE ENERGY FUND**

**Schedule of Investments**

**at March 31, 2026**

---

| | | |
|:---|:---|:---|
| **Shares** | **Common Stocks: 96.2%** | **Value** |
|  | **Electrification: 21.8%** |  |
| 6152 | Amphenol Corp. | $777305 |
| 7569 | APTIV PLC\* | 525591 |
| 14166 | Infineon Technologies AG | 640820 |
| 21690 | Johnson Matthey PLC | 546437 |
| 1849 | LG Chem Ltd. | 381754 |
| 2646 | NXP Semiconductors NV | 520892 |
| 15646 | Sensata Technologies Holding | 551052 |
|  |  | 3943851 |
|  | **Energy Efficiency: 19.6%** |  |
| 6764 | AECOM | 573722 |
| 10448 | Ameresco\* | 266424 |
| 28108 | Atlas Copco AB | 496759 |
| 1344 | Carlisle Cos Inc. | 448385 |
| 3555 | Owens Corning | 384722 |
| 12182 | Spie SA | 610908 |
| 1836 | Trane Technologies PLC | 765135 |
|  |  | 3546055 |
|  | **Renewable Energy Generation: 16.9%** |  |
| 583000 | China Longyuan Power Group Corp. - H Shares | 533136 |
| 41027 | Iberdrola SA | 936187 |
| 9728 | Nextera Energy Inc. | 903537 |
| 6060 | Ormat Technologies Inc. | 678235 |
|  |  | 3051095 |
|  | **Renewable Equipment Manufacturing: 37.9%** |  |
| 17848 | Canadian Solar Inc.\* | 247195 |
| 2231 | Eaton Corp PLC | 797962 |
| 3830 | Enphase Energy Inc.\* | 144812 |
| 2778 | First Solar Inc.\* | 547988 |
| 1755 | Hubbell Inc. | 861249 |
| 5270 | Itron Inc.\* | 472350 |
| 5278 | Legrand SA | 818593 |
| 6670 | Prysmian SpA | 780932 |
| 2824 | Schneider Electric SE | 765443 |
| 2787 | Siemens AG | 679767 |

---

**GUINNESS ATKINSON ALTERNATIVE ENERGY FUND**

**Schedule of Investments**

**at March 31, 2026**

---

| | | |
|:---|:---|:---|
| **Shares** | **Common Stocks: 96.2%** | **Value** |
| 16383 | Vestas Wind Systems A/S | $484799 |
| 690200 | Xinyi Solar Holdings Ltd. | 259351 |
|  |  | 6860441 |
|  | **Total Common Stock** | 17401442 |
|  | (cost $18,169,584) |  |
|  | **Total Investments in Securities** | 17401442 |
|  | (cost $18,169,584): 96.2% |  |
|  | Other Assets in Excess of Liabilities: 3.8% | 679960 |
|  | **Net Assets: 100.0%** | $**18081402** |

---

*\** *Non-income producing security.*

*PLC - Public Limited Company*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** GUINNESS ATKINSON FUNDS

- **b. Investment Company Act file number:** 811-08360

- **c. CIK number of Registrant:** 0000919160

- **d. LEI of Registrant:** 54930097560RK2KMX577

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

  - **Street Address 1:** 251 South Lake Ave

  - **City:** Pasadena

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 91101

  - **Telephone number:** 626-914-1041

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

- **a. Name of Series:** Guinness Atkinson Alternative Energy Fund

- **b. EDGAR series identifier (if any):** S000009156

- **c. LEI of Series:** 549300CFIW30C5HQIM93

**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:** $18187740.80

**Total Liabilities:** $107370.68

**Net Assets:** $18080370.12

**Cash Not Reported:** $742509.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024897 | -9.60%               | 3.56%                | 6.14%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $329064.65               | $-2263523.79                               |
| Month 2  | $59763.76                | $623988.14                                 |
| Month 3  | $205.43                  | $1125540.66                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AECOM                          | COMMON STOCK | CUSIP: 00766T100<br>LEI: N/A | Long             | EC               | CORP              | US        |      6764 | NS      | $573722.48    | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERESCO INC-CL A              | COMMON STOCK | CUSIP: 02361E108<br>LEI: N/A | Long             | EC               | CORP              | US        |     10448 | NS      | $266424.00    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORP-CL A             | COMMON STOCK | CUSIP: 032095101<br>LEI: N/A | Long             | EC               | CORP              | US        |      6152 | NS      | $777305.20    | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| APTIV PLC                      | COMMON STOCK | CUSIP: G3265R107<br>LEI: N/A | Long             | EC               | CORP              | JE        |      7569 | NS      | $525591.36    | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLAS COPCO AB-A SHS /SEK/     | COMMON STOCK | CUSIP: W1R924252<br>LEI: N/A | Long             | EC               | CORP              | SE        |     28108 | NS      | $496758.67    | 2.75%             |  |  |  | No            |                  2 | On Loan: No      |
| CANADIAN SOLAR INC             | COMMON STOCK | CUSIP: 136635109<br>LEI: N/A | Long             | EC               | CORP              | CA        |     17848 | NS      | $247194.80    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CARLISLE COS INC               | COMMON STOCK | CUSIP: 142339100<br>LEI: N/A | Long             | EC               | CORP              | US        |      1344 | NS      | $448385.28    | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA LONGYUAN POWER GRO /HKD/ | COMMON STOCK | CUSIP: Y1501T101<br>LEI: N/A | Long             | EC               | CORP              | CN        |    583000 | NS      | $533136.13    | 2.95%             |  |  |  | No            |                  2 | On Loan: No      |
| EATON CORP PLC                 | COMMON STOCK | CUSIP: G29183103<br>LEI: N/A | Long             | EC               | CORP              | IE        |      2231 | NS      | $797961.77    | 4.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ENPHASE ENERGY INC             | COMMON STOCK | CUSIP: 29355A107<br>LEI: N/A | Long             | EC               | CORP              | US        |      3830 | NS      | $144812.30    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST SOLAR INC                | COMMON STOCK | CUSIP: 336433107<br>LEI: N/A | Long             | EC               | CORP              | US        |      2778 | NS      | $547988.28    | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBBELL INC                    | COMMON STOCK | CUSIP: 443510607<br>LEI: N/A | Long             | EC               | CORP              | US        |      1755 | NS      | $861248.70    | 4.76%             |  |  |  | No            |                  1 | On Loan: No      |
| IBERDROLA SA /EUR/             | COMMON STOCK | CUSIP: E6165F166<br>LEI: N/A | Long             | EC               | CORP              | ES        |     41027 | NS      | $936186.55    | 5.18%             |  |  |  | No            |                  2 | On Loan: No      |
| INFINEON TECHNOLOGIES AG /EUR/ | COMMON STOCK | CUSIP: D35415104<br>LEI: N/A | Long             | EC               | CORP              | DE        |     14166 | NS      | $640819.83    | 3.54%             |  |  |  | No            |                  2 | On Loan: No      |
| ITRON INC                      | COMMON STOCK | CUSIP: 465741106<br>LEI: N/A | Long             | EC               | CORP              | US        |      5270 | NS      | $472350.10    | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON MATTHEY PLC /GBP/      | COMMON STOCK | CUSIP: G51604166<br>LEI: N/A | Long             | EC               | CORP              | GB        |     21690 | NS      | $546437.31    | 3.02%             |  |  |  | No            |                  2 | On Loan: No      |
| LEGRAND SA /EUR/               | COMMON STOCK | CUSIP: F56196185<br>LEI: N/A | Long             | EC               | CORP              | FR        |      5278 | NS      | $818592.54    | 4.53%             |  |  |  | No            |                  2 | On Loan: No      |
| LG CHEM LTD /KRW/              | COMMON STOCK | CUSIP: Y52758102<br>LEI: N/A | Long             | EC               | CORP              | KR        |      1849 | NS      | $381754.07    | 2.11%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY INC             | COMMON STOCK | CUSIP: 65339F101<br>LEI: N/A | Long             | EC               | CORP              | US        |      9728 | NS      | $903536.64    | 5.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP SEMICONDUCTORS NV          | COMMON STOCK | CUSIP: N6596X109<br>LEI: N/A | Long             | EC               | CORP              | NL        |      2646 | NS      | $520891.56    | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ORMAT TECHNOLOGIES INC         | COMMON STOCK | CUSIP: 686688102<br>LEI: N/A | Long             | EC               | CORP              | US        |      6060 | NS      | $678235.20    | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| OWENS CORNING                  | COMMON STOCK | CUSIP: 690742101<br>LEI: N/A | Long             | EC               | CORP              | US        |      3555 | NS      | $384722.10    | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PRYSMIAN SPA /EUR/             | COMMON STOCK | CUSIP: T7630L105<br>LEI: N/A | Long             | EC               | CORP              | IT        |      6670 | NS      | $780932.23    | 4.32%             |  |  |  | No            |                  2 | On Loan: No      |
| SCHNEIDER ELEC SA /EUR/        | COMMON STOCK | CUSIP: F86921107<br>LEI: N/A | Long             | EC               | CORP              | FR        |      2824 | NS      | $765442.55    | 4.23%             |  |  |  | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES HOLDING   | COMMON STOCK | CUSIP: G8060N102<br>LEI: N/A | Long             | EC               | CORP              | GB        |     15646 | NS      | $551052.12    | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SIEMENS AG-REG /EUR/           | COMMON STOCK | CUSIP: D69671218<br>LEI: N/A | Long             | EC               | CORP              | DE        |      2787 | NS      | $679767.24    | 3.76%             |  |  |  | No            |                  2 | On Loan: No      |
| SPIE SA /EUR/                  | COMMON STOCK | CUSIP: F8691R101<br>LEI: N/A | Long             | EC               | CORP              | FR        |     12182 | NS      | $610907.91    | 3.38%             |  |  |  | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES PLC         | COMMON STOCK | CUSIP: G8994E103<br>LEI: N/A | Long             | EC               | CORP              | IE        |      1836 | NS      | $765134.64    | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| VESTAS WIND SYSTEMS A/S /DKK/  | COMMON STOCK | CUSIP: K9773J201<br>LEI: N/A | Long             | EC               | CORP              | DK        |     16383 | NS      | $484799.31    | 2.68%             |  |  |  | No            |                  2 | On Loan: No      |
| XINYI SOLAR HOLDINGS LTD /HKD/ | COMMON STOCK | CUSIP: G9829N102<br>LEI: N/A | Long             | EC               | CORP              | KY        |    690200 | NS      | $259351.35    | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** GUINNESS ATKINSON FUNDS

**Signature:** /s/ Lyna Phan

**Name of Signer:** Lyna Phan

**Title:** Assistant Treasurer