# EDGAR Filing Document

**Accession Number:** 0001592900
**File Stem:** 0001592900-26-001898
**Filing Date:** 2026-4
**Character Count:** 82920
**Document Hash:** ffc08647a7f292ca00b304a2c6ed7d5b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001592900-26-001898.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001592900-26-001898

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260227

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**PERIOD START**: 20261130

**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:** 26912005

**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

### Militia Long/Short Equity ETF (Series ID: S000089579)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000256190 | Militia Long/Short Equity ETF | ORR             |

## Nport-Ex

---

| |
|:---|
| **MILITIA LONG/SHORT EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **COMMON STOCKS - 133.1%**  | | |
| **<u>Communication Services</u> - 5.8%**  | |  |
| **Alternative Carriers - 0.8%**  |  |  |
| U-Next Holdings Co. Ltd.  | 332736 | $3965176 |
| **Interactive Home Entertainment - 0.2%**  |  |  |
| Nihon Falcom Corp.  | 70716 | 1214487 |
| **Interactive Media & Services - 4.8%**  |  |  |
| Alphabet, Inc. - Class C <sup>(a)</sup> | 72062 | 22442268 |
| ZIGExN Co. Ltd.  | 471666 | 1344036 |
|  |  | 23786304 |
| **Total Communication Services** |  | 28965967 |
| **<u>Consumer Discretionary</u> - 12.4%**  |  |  |
| **Apparel Retail - 0.4%**  |  |  |
| and ST HD Co. Ltd.  | 108178 | 2075377 |
| **Apparel, Accessories & Luxury Goods - 1.4%**  |  |  |
| LVMH Moet Hennessy Louis Vuitton SE  | 7037 | 4524148 |
| PRADA SpA  | 451241 | 2566688 |
|  |  | 7090836 |
| **Automotive Parts & Equipment - 0.5%**  |  |  |
| Shoei Co. Ltd.  | 117029 | 1348908 |
| Tokyo Radiator Manufacturing Co. Ltd.  | 68118 | 799977 |
|  |  | 2148885 |
| **Broadline Retail - 3.5%**  |  |  |
| Amazon.com, Inc. <sup>(a)(b)</sup> | 82788 | 17385480 |
| **Computer & Electronics Retail - 0.7%**  |  |  |
| Nojima Corp.  | 460811 | 3455382 |
| **Consumer Electronics - 0.3%**  |  |  |
| Tamron Co. Ltd.  | 207540 | 1399415 |
| **Homebuilding - 2.9%**  |  |  |
| Century Communities, Inc. <sup>(a)</sup> | 82354 | 5536659 |
| FJ Next Holdings Co. Ltd.  | 97382 | 1214742 |
| Open House Group Co. Ltd.  | 70641 | 5233672 |
| Sumitomo Forestry Co. Ltd.  | 232028 | 2518410 |
|  |  | 14503483 |

---

------

---

| |
|:---|
| **MILITIA LONG/SHORT EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **Leisure Facilities - 0.7%**  |  |  |
| Nippon Ski Resort Development Co. Ltd.  | 112167 | $343328 |
| Tokyotokeiba Co. Ltd.  | 86212 | 3295781 |
|  |  | 3639109 |
| **Leisure Products - 0.9%**  |  |  |
| Kawai Musical Instruments Manufacturing Co. Ltd.  | 52592 | 1001560 |
| Noritsu Koki Co. Ltd.  | 238896 | 3472570 |
|  |  | 4474130 |
| **Other Specialty Retail - 0.7%**  |  |  |
| Asahi Co. Ltd.  | 122782 | 1032323 |
| DAIWA CYCLE Co. Ltd.  | 40418 | 1080557 |
| Japan Eyewear Holdings Co. Ltd.  | 114561 | 1465712 |
|  |  | 3578592 |
| **Specialized Consumer Services - 0.3%**  |  |  |
| Heian Ceremony Service Co. Ltd.  | 63210 | 598241 |
| San Holdings, Inc.  | 99564 | 965898 |
|  |  | 1564139 |
| **Tires & Rubber - 0.1%**  |  |  |
| Tigers Polymer Corp.  | 61882 | 512364 |
| **Total Consumer Discretionary** |  | 61827192 |
| **<u>Consumer Staples</u> - 13.2%**  |  |  |
| **Consumer Staples Merchandise Retail - 1.1%**  |  |  |
| Wal-Mart de Mexico SAB de CV  | 1656363 | 5376303 |
| **Food Retail - 6.8%**  |  |  |
| Eco's Co. Ltd.  | 81310 | 1601052 |
| Halows Co. Ltd.  | 80259 | 2520862 |
| Life Corp.  | 226297 | 3940073 |
| Mammy Mart Holdings Corp.  | 105284 | 1179149 |
| Sprouts Farmers Market, Inc. <sup>(a)(b)</sup> | 335562 | 24787965 |
|  |  | 34029101 |
| **Household Products - 0.3%**  |  |  |
| Niitaka Co. Ltd.  | 75754 | 1236978 |
| **Packaged Foods & Meats - 5.0%**  |  |  |
| Bourbon Corp.  | 51032 | 1094722 |
| Gruma SAB de CV - Class B  | 573333 | 10337438 |
| Ifuji Sangyo Co. Ltd.  | 80336 | 1057154 |
| Kikkoman Corp.  | 129616 | 1244991 |
| Kotobuki Spirits Co. Ltd.  | 114250 | 1454051 |
| Morinaga & Co. Ltd.  | 229400 | 4244557 |
| Nippn Corp.  | 97190 | 1784291 |

---

------

---

| |
|:---|
| **MILITIA LONG/SHORT EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| Nisshin Oillio Group Ltd.  | 65915 | $2574722 |
| Starzen Co. Ltd.  | 123862 | 1090579 |
|  |  | 24882505 |
| **Total Consumer Staples** |  | 65524887 |
| **<u>Energy</u> - 13.1%**  |  |  |
| **Oil & Gas Equipment & Services - 0.1%**  |  |  |
| Nagaoka International Corp.  | 63715 | 605061 |
| **Oil & Gas Storage & Transportation - 13.0%**  |  |  |
| Energy Transfer LP <sup>(a)</sup> | 1578356 | 29736227 |
| MPLX LP <sup>(a)</sup> | 244374 | 14403404 |
| Western Midstream Partners LP <sup>(a)</sup> | 496789 | 20661454 |
|  |  | 64801085 |
| **Total Energy** |  | 65406146 |
| **<u>Financials</u> - 12.9%**  |  |  |
| **Commercial & Residential Mortgage Finance - 1.5%**  |  |  |
| Federal Agricultural Mortgage Corp. - Class C <sup>(a)</sup> | 46632 | 7352001 |
| **Diversified Banks - 2.8%**  |  |  |
| BNP Paribas SA  | 122439 | 13816361 |
| **Financial Exchanges & Data - 1.0%**  |  |  |
| Japan Exchange Group, Inc.  | 357715 | 4891624 |
| **Investment Banking & Brokerage - 3.1%**  |  |  |
| Morgan Stanley <sup>(a)</sup> | 28284 | 4709569 |
| Nomura Holdings, Inc.  | 488355 | 4542219 |
| SBI Holdings, Inc.  | 222050 | 4763343 |
| Traders Holdings Co. Ltd.  | 203620 | 1498155 |
|  |  | 15513286 |
| **Multi-line Insurance - 0.3%**  |  |  |
| SBI Insurance Group Co. Ltd.  | 93706 | 1456909 |
| **Regional Banks - 4.1%**  |  |  |
| Axos Financial, Inc. <sup>(a)(b)</sup> | 200261 | 17386660 |
| Parke Bancorp, Inc. <sup>(a)</sup> | 116194 | 3237165 |
|  |  | 20623825 |
| **Specialized Finance - 0.1%**  |  |  |
| Entrust, Inc.  | 76685 | 588770 |
| **Total Financials** |  | 64242776 |

---

------

---

| |
|:---|
| **MILITIA LONG/SHORT EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **<u>Health Care</u> - 1.5%**  | |  |
| **Health Care Distributors - 0.2%**  |  |  |
| Koa Shoji Holdings Co. Ltd.  | 143137 | $830418 |
| **Life Sciences Tools & Services - 1.3%**  |  |  |
| Medpace Holdings, Inc. <sup>(a)(b)</sup> | 14203 | 6416347 |
| **Total Health Care** |  | 7246765 |
| **<u>Industrials</u> - 44.4%** <sup>(c)</sup> |  |  |
| **Agricultural & Farm Machinery - 0.6%**  |  |  |
| YAMABIKO Corp.  | 115912 | 2850204 |
| **Air Freight & Logistics - 0.1%**  |  |  |
| Being Holdings Co. Ltd.  | 102126 | 504205 |
| **Airport Services - 15.3%**  |  |  |
| Aena SME SA <sup>(d)</sup> | 183638 | 5787035 |
| Corp. America Airports SA <sup>(a)(b)</sup> | 478085 | 13625423 |
| Flughafen Zurich AG  | 8299 | 2849627 |
| Grupo Aeroportuario del Centro Norte SAB de CV - ADR <sup>(a)</sup> | 189063 | 23095936 |
| Grupo Aeroportuario del Pacifico SAB de CV - ADR <sup>(a)</sup> | 83707 | 21827437 |
| Grupo Aeroportuario del Sureste SAB de CV - ADR <sup>(a)</sup> | 25668 | 9232010 |
|  |  | 76417468 |
| **Building Products - 1.7%**  |  |  |
| Nichias Corp.  | 104092 | 6399560 |
| Sanyo Industries Ltd.  | 63394 | 2131198 |
|  |  | 8530758 |
| **Construction & Engineering - 1.7%**  |  |  |
| Ichiken Co. Ltd.  | 44533 | 1884949 |
| Kitano Construction Corp.  | 103318 | 1023488 |
| Shinnihon Corp.  | 130355 | 1837232 |
| Subaru Enterprise Co. Ltd.  | 61746 | 1445149 |
| Tanabe Engineering Corp. | 76819 | 1438342 |
| Ueki Corp.  | 51629 | 1072815 |
|  |  | 8701975 |
| **Construction Machinery & Heavy Transportation Equipment - 1.1%**  |  |  |
| Takeuchi Manufacturing Co. Ltd.  | 116216 | 5581404 |
| **Diversified Support Services - 0.2%**  |  |  |
| VIS Co. Ltd.  | 74812 | 796672 |
| **Environmental & Facilities Services - 0.4%**  |  |  |
| Universal Engeisha KK  | 97043 | 1988522 |

---

------

---

| |
|:---|
| **MILITIA LONG/SHORT EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **Human Resource & Employment Services - 0.6%**  |  |  |
| HIRAYAMA Holdings Co. Ltd.  | 74682 | $735032 |
| Human Holdings Co. Ltd.  | 66201 | 777464 |
| Quick Co. Ltd.  | 221713 | 1335971 |
|  |  | 2848467 |
| **Industrial Conglomerates - 6.4%**  |  |  |
| Hikari Tsushin, Inc.  | 112968 | 31981015 |
| **Industrial Machinery & Supplies & Components - 2.5%**  |  |  |
| Furukawa Co. Ltd.  | 61569 | 2302456 |
| Galilei Co. Ltd.  | 96847 | 2427919 |
| Maruzen Co. Ltd.  | 72705 | 1911146 |
| Musashi Co. Ltd.  | 59737 | 1017516 |
| Okamoto Machine Tool Works Ltd.  | 74164 | 2346045 |
| Shibuya Corp.  | 77390 | 1845982 |
| Teikoku Electric Manufacturing Co. Ltd.  | 26908 | 590144 |
|  |  | 12441208 |
| **Marine Transportation - 0.6%**  |  |  |
| Mitsui OSK Lines Ltd.  | 76920 | 2855839 |
| **Rail Transportation - 3.9%**  |  |  |
| Central Japan Railway Co.  | 226188 | 6674186 |
| Hankyu Hanshin Holdings, Inc.  | 239639 | 6989759 |
| Jungfraubahn Holding AG  | 14044 | 5689934 |
|  |  | 19353879 |
| **Trading Companies & Distributors - 9.3%**  |  |  |
| Daiichi Jitsugyo Co. Ltd.  | 74669 | 1711747 |
| Hanwa Co. Ltd.  | 91423 | 5251268 |
| ITOCHU Corp.  | 393769 | 5723790 |
| JK Holdings Co. Ltd.  | 73231 | 731536 |
| Mitani Corp.  | 84482 | 1541791 |
| Mitsubishi Corp.  | 219544 | 7436928 |
| Mitsui & Co. Ltd.  | 123151 | 4630632 |
| Sojitz Corp.  | 116294 | 5272382 |
| Sumitomo Corp.  | 151312 | 6455940 |
| Totech Corp.  | 97671 | 2858236 |
| Tsubakimoto Kogyo Co. Ltd.  | 85513 | 1713929 |
| Yuasa Trading Co. Ltd.  | 73840 | 3063959 |
|  |  | 46392138 |
| **Total Industrials** |  | 221243754 |

---

------

---

| |
|:---|
| **MILITIA LONG/SHORT EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **<u>Information Technology</u> - 18.0%**  | |  |
| **Application Software - 0.6%**  |  |  |
| ISB Corp.  | 91202 | $1167437 |
| NCS&A Co. Ltd.  | 51297 | 563014 |
| NSW, Inc.  | 79119 | 1249874 |
|  |  | 2980325 |
| **Communications Equipment - 0.8%**  |  |  |
| SAXA, Inc.  | 73170 | 3846737 |
| **Electronic Components - 0.3%**  |  |  |
| SEMITEC Corp.  | 71965 | 1374185 |
| **Electronic Equipment & Instruments - 1.9%**  |  |  |
| Azbil Corp.  | 247086 | 2300535 |
| Hochiki Corp.  | 51150 | 2106071 |
| Jeol Ltd.  | 87654 | 3866172 |
| Kyoritsu Electric Corp.  | 80641 | 1513003 |
|  |  | 9785781 |
| **IT Consulting & Other Services - 0.9%**  |  |  |
| Asahi Intelligence Service Co. Ltd.  | 70231 | 515383 |
| Itfor, Inc.  | 118775 | 1324919 |
| NCD Co. Ltd.  | 80998 | 1792003 |
| TechMatrix Corp.  | 69472 | 855026 |
|  |  | 4487331 |
| **Semiconductor Materials & Equipment - 3.0%**  |  |  |
| GLTechno Holdings, Inc. | 64504 | 1670789 |
| Inter Action Corp.  | 89074 | 842457 |
| Lasertec Corp.  | 47276 | 10189928 |
| Rorze Corp.  | 98508 | 2099914 |
|  |  | 14803088 |
| **Semiconductors - 8.5%**  |  |  |
| RS Technologies Co. Ltd.  | 80946 | 2148505 |
| Taiwan Semiconductor Manufacturing Co. Ltd. - ADR <sup>(a)</sup> | 106990 | 40076314 |
|  |  | 42224819 |
| **Technology Distributors - 1.5%**  |  |  |
| Daitron Co. Ltd.  | 147866 | 2854775 |
| Kaga Electronics Co. Ltd.  | 105359 | 2941538 |
| Mitachi Co. Ltd.  | 106048 | 1657626 |
|  |  | 7453939 |
| **Technology Hardware, Storage & Peripherals - 0.5%**  |  |  |
| Buffalo, Inc.  | 69302 | 2343128 |

---

------

---

| |
|:---|
| **MILITIA LONG/SHORT EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| MCJ Co. Ltd.  | 4000 | $58707 |
|  |  | 2401835 |
| **Total Information Technology** |  | 89358040 |
| **<u>Materials</u> - 8.3%**  |  |  |
| **Commodity Chemicals - 1.2%**  |  |  |
| KEIWA, Inc.  | 135349 | 1189986 |
| PILLAR Corp.  | 88038 | 4791874 |
|  |  | 5981860 |
| **Construction Materials - 0.8%**  |  |  |
| Maeda Kosen Co. Ltd.  | 138425 | 1902219 |
| Shinagawa Refra Co. Ltd.  | 99747 | 1598737 |
| TYK Corp.  | 149442 | 606706 |
|  |  | 4107662 |
| **Metal, Glass & Plastic Containers - 0.3%**  |  |  |
| Fuji Seal International, Inc.  | 74177 | 1367975 |
| **Specialty Chemicals - 3.8%**  |  |  |
| C Uyemura & Co. Ltd.  | 76639 | 10644510 |
| JCU Corp.  | 94998 | 4239977 |
| SK Kaken Co. Ltd.  | 55521 | 4067238 |
|  |  | 18951725 |
| **Steel - 2.2%**  |  |  |
| Nippon Yakin Kogyo Co. Ltd.  | 89797 | 3053322 |
| Ternium SA - ADR <sup>(a)</sup> | 181051 | 7870287 |
|  |  | 10923609 |
| **Total Materials** |  | 41332831 |
| **<u>Real Estate</u> - 3.5%**  |  |  |
| **Diversified Real Estate Activities - 2.3%**  |  |  |
| Starts Corp., Inc.  | 97550 | 3335684 |
| Sumitomo Realty & Development Co. Ltd.  | 127598 | 4320675 |
| Tokyo Tatemono Co. Ltd.  | 132205 | 3702908 |
|  |  | 11359267 |
| **Real Estate Operating Companies - 1.2%**  |  |  |
| Hulic Co. Ltd.  | 466158 | 6176037 |
| **Total Real Estate** |  | 17535304 |
| **TOTAL COMMON STOCKS** (Cost $591,073,091) |  | 662683662 |

---

------

---

| |
|:---|
| **MILITIA LONG/SHORT EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **CLOSED-END FUNDS - 3.1%** | | |
| Capital Southwest Corp. <sup>(a)</sup> | 695306 | $15206342 |
| **TOTAL CLOSED-END FUNDS** (Cost $15,982,480) |  | 15206342 |
| **SHORT-TERM INVESTMENTS** |  |  |
| **MONEY MARKET FUNDS - 0.0%** <sup>(e)</sup> |  |  |
| First American Government Obligations Fund - Class X, 3.60% <sup>(f)</sup> | 129576 | 129576 |
| **TOTAL MONEY MARKET FUNDS** (Cost $129,576) |  | 129576 |
| **TOTAL INVESTMENTS - 136.2% (**Cost $607,185,147**)** |  | $678019580 |
| Liabilities in Excess of Other Assets - (36.2)% |  | (180132042) |
| **TOTAL NET ASSETS - 100.0%** |  | $497887538 |

---

Percentages are stated as a percent of net assets.

ADR - American Depositary Receipt <br> LP - Limited Partnership

(a) All or a portion of the security has been pledged as collateral for securities sold short. The fair value of assets committed as collateral as of February 28, 2026 was $291,861,462.

(b) Non-income producing security.

(c) To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.

(d) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of February 28, 2026, the value of these securities total $5,787,035 or 1.2% of the Fund's net assets.

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

(f) The rate shown represents the 7-day annualized yield as of February 28, 2026.

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

------

---

| |
|:---|
| **MILITIA LONG/SHORT EQUITY ETF** |
| **SCHEDULE OF SECURITIES SOLD SHORT** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value** |
| **EXCHANGE TRADED FUNDS - (46.2)%** | | |
| AdvisorShares Pure US Cannabis ETF  | (1211142) | $(4699231) |
| Global X SuperDividend ETF  | (1141170) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (29932889) |
| Invesco QQQ Trust Series 1  | (161929) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (98337862) |
| iShares Russell 2000 ETF  | (370443) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (96837505) |
| **TOTAL EXCHANGE TRADED FUNDS** (Proceeds $226,794,237) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (229807487) |
| **COMMON STOCKS** - **(6.6)%** |  |  |
| **<u>Consumer Discretionary</u> - (2.8)%**  |  |  |
| **Automotive Retail - (1.4)%** |  |  |
| CarMax, Inc.  | (45415) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1960565) |
| Carvana Co.  | (15091) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5042809) |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7003374) |
| **Restaurants - (1.4)%** |  |  |
| Starbucks Corp.  | (74519) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7304352) |
| **Total Consumer Discretionary** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14307726) |
| **<u>Financials</u> - (3.8)%**  |  |  |
| **Asset Management & Custody Banks - (2.9)%** |  |  |
| BlackRock TCP Capital Corp.  | (1151119) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4708077) |
| Brookfield Corp.  | (61788) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2708786) |
| Runway Growth Finance Corp.  | (899142) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6968350) |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14385213) |
| **Diversified Banks - (0.9)%** |  |  |
| Wells Fargo & Co.  | (54266) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4419966) |
| **Total Financials** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18805179) |
| **TOTAL COMMON STOCKS** (Proceeds $38,042,490) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (33112905) |
| **CLOSED-END FUNDS - (4.5)%** |  |  |
| Oxford Lane Capital Corp.  | (814988) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6837749) |
| Prospect Capital Corp.  | (3526256) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9591416) |
| TriplePoint Venture Growth BDC Corp.  | (1175382) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6100233) |
| **TOTAL CLOSED-END FUNDS** (Proceeds $31,388,141) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22529398) |
| **REAL ESTATE INVESTMENT TRUSTS** - **(1.0)%** |  |  |
| **<u>Real Estate</u> - (1.0)%**  |  |  |
| **Data Center REITs - (1.0)%** |  |  |
| Digital Realty Trust, Inc.  | (28078) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4975422) |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Proceeds $4,764,302) | **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Proceeds $4,764,302) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4975422) |
| **TOTAL SECURITIES SOLD SHORT - (58.3)%** (Proceeds $300,989,170) | **TOTAL SECURITIES SOLD SHORT - (58.3)%** (Proceeds $300,989,170) | $(290425212) |

---

Percentages are stated as a percent of net assets.

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

------

---

| |
|:---|
| **MILITIA LONG/SHORT EQUITY ETF** |
| **SCHEDULE OF FORWARD CURRENCY CONTRACTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Settlement Date** | **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Unrealized Appreciation (Depreciation)** |
| U.S. Bancorp Investments, Inc. | 03/31/2026 | USD | $109123327  | JPY | 17047141759  | $(350978) |
| **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | $(350978) |

---

JPY - Japanese Yen <br> USD - United States Dollar

------

**MILITIA LONG/SHORT EQUITY ETF**

**Summary of Fair Value Disclosures as of February 28, 2026 (Unaudited)**

Militia Long/Short Equity 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 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 would be based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of February 28, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **DESCRIPTION** | **LEVEL 1** | **LEVEL 2** | **LEVEL 3** | **TOTAL** |
| **<u>Assets</u>** | | | | |
| **<u>Investments</u>** | | | | |
| &nbsp;&nbsp;Common Stocks | $662683662 | $— | $— | $662683662 |
| &nbsp;&nbsp;Closed-End Funds | 15206342 |  |  | 15206342 |
| &nbsp;&nbsp;Money Market Funds | 129576 |  |  | 129576 |
| **Total Investments** | $678019580 | $— | $— | $678019580 |
| **Liabilities** |  |  |  |  |
| **<u>Investments</u>** |  |  |  |  |
| &nbsp;&nbsp;Exchange Traded Funds | $(229807487) | $— | $— | $(229807487) |
| &nbsp;&nbsp;Common Stocks | (33112905) |  |  | (33112905) |
| &nbsp;&nbsp;Closed-End Funds | (22529398) |  |  | (22529398) |
| &nbsp;&nbsp;Real Estate Investment Trusts | (4975422) |  |  | (4975422) |
| **Total Investments** | $(290425212) | $— | $— | $(290425212) |
| **Other Financial Instruments** |  |  |  |  |
| &nbsp;&nbsp;Forward Currency Contracts\* | $— | $(350978) | $— | $(350978) |
| **Total Other Financial Instruments** | $— | $(350978) | $— | $(350978) |

---

\* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of February 28, 2026.

Refer to the Schedule of Investments for further disaggregation of investment categories.

During the fiscal period ended February 28, 2026, the Fund did not invest in any Level 3 investments and recognized no transfers to/from Level 3. Transfers between levels are recognized at the end of the reporting period.

## 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:** Militia Long/Short Equity ETF

- **b. EDGAR series identifier (if any):** S000089579

- **c. LEI of Series:** 529900F62REU8ZYU5R82

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-27

**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:** $864925704.45

**Total Liabilities:** $388563401.36

**Net Assets:** $476362303.09

**Cash Not Reported:** $6.76

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256190 | 1.81%                | 6.35%                | 8.15%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4333975.30              | $4425149.24                                |
| Month 2  | $-400297.08              | $17692220.88                               |
| Month 3  | $195601.27               | $30916510.64                               |

**Designated Index Information**

- **Index Name:** MSCI World Index

- **Index Identifier:** 990100

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NSW Inc/Japan                                  | NSW Inc/Japan                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        73619 | NS      | $1162988.33   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Noritsu Koki Co Ltd                            | Noritsu Koki Co Ltd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       227896 | NS      | $3312675.18   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Hikari Tsushin Inc                             | Hikari Tsushin Inc                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       107468 | NS      | $30423976.44  | 6.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TechMatrix Corp                                | TechMatrix Corp                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        63972 | NS      | $787335.09    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Inter Action Corp                              | Inter Action Corp                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        83574 | NS      | $790438.31    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SBI Holdings Inc                               | SBI Holdings Inc                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       211050 | NS      | $4527374.89   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoei Co Ltd                                   | Shoei Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       111529 | NS      | $1285513.40   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Nojima Corp                                    | Nojima Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       438811 | NS      | $3290415.14   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotobuki Spirits Co Ltd                        | Kotobuki Spirits Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       108750 | NS      | $1384052.92   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| and ST HD Co Ltd                               | and ST HD Co Ltd                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       102678 | NS      | $1969860.65   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SAXA Inc                                       | SAXA Inc                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        67670 | NS      | $3557587.81   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Eco's Co Ltd/Japan                             | Eco's Co Ltd/Japan                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        75810 | NS      | $1492752.86   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Musashi Co Ltd                                 | Musashi Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        54237 | NS      | $923833.25    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Japan Railway Co                       | Central Japan Railway Co                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       215188 | NS      | $6349606.53   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeuchi Manufacturing Co Ltd                  | Takeuchi Manufacturing Co Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       110716 | NS      | $5317260.59   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Niitaka Co Ltd                                 | Niitaka Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        70254 | NS      | $1147169.34   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Gruma SAB de CV                                | Gruma SAB de CV                                | CUSIP: P4948K121<br>LEI: 5493000XJLJ6C4T0PG82 | Long             | EC               | CORP              | MX        |       548583 | NS      | $9891185.30   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitachi Co Ltd                                 | Mitachi Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       100548 | NS      | $1571656.06   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Halows Co Ltd                                  | Halows Co Ltd                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        74759 | NS      | $2348111.90   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Traders Holdings Co Ltd                        | Traders Holdings Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       192620 | NS      | $1417221.40   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MCJ Co Ltd                                     | MCJ Co Ltd                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |         4000 | NS      | $58707.14     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JCU Corp                                       | JCU Corp                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        89498 | NS      | $3994499.79   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| PILLAR Corp /Japan                             | PILLAR Corp /Japan                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        82538 | NS      | $4492511.13   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| NCS&A Co Ltd                                   | NCS&A Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        45797 | NS      | $502648.21    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV                   | Wal-Mart de Mexico SAB de CV                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |      1584753 | NS      | $5143867.88   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Fuji Seal International Inc                    | Fuji Seal International Inc                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        68677 | NS      | $1266543.46   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui & Co Ltd                                | Mitsui & Co Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       117651 | NS      | $4423825.26   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Teikoku Electric Manufacturing Co Ltd          | Teikoku Electric Manufacturing Co Ltd          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        21408 | NS      | $469518.78    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Rorze Corp                                     | Rorze Corp                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        93008 | NS      | $1982669.82   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| C Uyemura & Co Ltd                             | C Uyemura & Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        71139 | NS      | $9880606.47   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Human Holdings Co Ltd                          | Human Holdings Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        60701 | NS      | $712871.86    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nihon Falcom Corp                              | Nihon Falcom Corp                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        65216 | NS      | $1120028.89   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| KEIWA Inc                                      | KEIWA Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       129849 | NS      | $1141630.18   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Kaken Co Ltd                                | SK Kaken Co Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        55521 | NS      | $4067238.11   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| San Holdings Inc                               | San Holdings Inc                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        94064 | NS      | $912540.97    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NCD Co Ltd/Shinagawa                           | NCD Co Ltd/Shinagawa                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        75498 | NS      | $1670320.43   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Intelligence Service Co Ltd              | Asahi Intelligence Service Co Ltd              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        64731 | NS      | $475021.46    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Itfor Inc                                      | Itfor Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       113275 | NS      | $1263567.70   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sojitz Corp                                    | Sojitz Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       110794 | NS      | $5023030.26   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Exchange Group Inc                       | Japan Exchange Group Inc                       | CUSIP: N/A<br>LEI: 353800578ADEGIJTVW07       | Long             | EC               | CORP              | JP        |       341215 | NS      | $4665991.95   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                             | Energy Transfer LP                             | CUSIP: 29273V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1510156 | NS      | $28451339.04  | 5.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Eyewear Holdings Co Ltd                  | Japan Eyewear Holdings Co Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       109061 | NS      | $1395343.89   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DAIWA CYCLE Co Ltd                             | DAIWA CYCLE Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        34918 | NS      | $933516.79    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| GLTECHNO HOLDINGS INC                          | GLTECHNO HOLDINGS INC                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        59004 | NS      | $1528326.96   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Sureste SAB de CV      | Grupo Aeroportuario del Sureste SAB de CV      | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |        24568 | NS      | $8836372.56   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd      | Taiwan Semiconductor Manufacturing Co Ltd      | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |       102370 | NS      | $38345754.60  | 8.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp                                | Brookfield Corp                                | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Short            | EC               | CORP              | CA        |       -59148 | NS      | $-2593048.32  | -0.54%            |  |  |  | No            |                  1 | On Loan: No      |
| Ternium SA                                     | Ternium SA                                     | CUSIP: 880890108<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |       173241 | NS      | $7530786.27   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro Norte SAB de CV | Grupo Aeroportuario del Centro Norte SAB de CV | CUSIP: 400501102<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |       180923 | NS      | $22101553.68  | 4.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Pacifico SAB de CV     | Grupo Aeroportuario del Pacifico SAB de CV     | CUSIP: 400506101<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |        80132 | NS      | $20895220.32  | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Corp America Airports SA                       | Corp America Airports SA                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | LU        |       457460 | NS      | $13037610.00  | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Being Holdings Co Ltd                          | Being Holdings Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        96626 | NS      | $477050.85    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                                        | MPLX LP                                        | CUSIP: 55336V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       233814 | NS      | $13780997.16  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Midstream Partners LP                  | Western Midstream Partners LP                  | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       475339 | NS      | $19769349.01  | 4.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust Series 1                     | Invesco QQQ Trust Series 1                     | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Short            | EC               | RF                | US        |      -154944 | NS      | $-94095941.76 | -19.75%           |  |  |  | No            |                  1 | On Loan: No      |
| iShares Russell 2000 ETF                       | iShares Russell 2000 ETF                       | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Short            | EC               | RF                | US        |      -354438 | NS      | $-92653637.58 | -19.45%           |  |  |  | No            |                  1 | On Loan: No      |
| Global X SuperDividend ETF                     | Global X SuperDividend ETF                     | CUSIP: 37960A669<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -1091835 | NS      | $-28638832.05 | -6.01%            |  |  |  | No            |                  1 | On Loan: No      |
| AdvisorShares Pure US Cannabis ETF             | AdvisorShares Pure US Cannabis ETF             | CUSIP: 00768Y453<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -1158782 | NS      | $-4496074.16  | -0.94%            |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                       | Digital Realty Trust Inc                       | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Short            | RE               | RF                | US        |       -26868 | NS      | $-4761009.60  | -1.00%            |  |  |  | No            |                  1 | On Loan: No      |
| JPY/USD FWD 20260331                           | JPY/USD FWD 20260331                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | US        | -17047141759 | NC      | $-350977.79   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| First American Government Obligations Fund     | First American Government Obligations Fund     | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |      2083109 | PA      | $2083109.24   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| VIS Co Ltd                                     | VIS Co Ltd                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        69312 | NS      | $738103.01    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Maeda Kosen Co Ltd                             | Maeda Kosen Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       132925 | NS      | $1826638.81   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Buffalo Inc /Japan                             | Buffalo Inc /Japan                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        63802 | NS      | $2157170.68   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Co Ltd                                   | Asahi Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       117282 | NS      | $986080.53    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Entrust Inc                                    | Entrust Inc                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        71185 | NS      | $546542.54    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FJ Next Holdings Co Ltd                        | FJ Next Holdings Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        91882 | NS      | $1146134.77   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PRADA SpA                                      | PRADA SpA                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IT        |       431771 | NS      | $2455941.09   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMITEC Corp                                   | SEMITEC Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        66465 | NS      | $1269161.66   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Open House Group Co Ltd                        | Open House Group Co Ltd                        | CUSIP: N/A<br>LEI: 529900WQOGPBIJEHW865       | Long             | EC               | CORP              | JP        |        65141 | NS      | $4826186.21   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Engeisha KK                          | Universal Engeisha KK                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        91543 | NS      | $1875821.09   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Heian Ceremony Service Co Ltd                  | Heian Ceremony Service Co Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        57710 | NS      | $546187.56    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Nagaoka International Corp                     | Nagaoka International Corp                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        58215 | NS      | $552830.95    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| RS Technologies Co Ltd                         | RS Technologies Co Ltd                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        75446 | NS      | $2002520.86   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Aena SME SA                                    | Aena SME SA                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ES        |       175718 | NS      | $5537449.71   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Ski Resort Development Co Ltd           | Nippon Ski Resort Development Co Ltd           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       106667 | NS      | $326493.30    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIGExN Co Ltd                                  | ZIGExN Co Ltd                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       449666 | NS      | $1281345.82   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Next Holdings Co Ltd                         | U-Next Holdings Co Ltd                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       316236 | NS      | $3768547.34   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| HIRAYAMA Holdings Co Ltd                       | HIRAYAMA Holdings Co Ltd                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        69182 | NS      | $680899.91    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Koa Shoji Holdings Co Ltd                      | Koa Shoji Holdings Co Ltd                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       137637 | NS      | $798508.77    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SBI Insurance Group Co Ltd                     | SBI Insurance Group Co Ltd                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        88206 | NS      | $1371396.72   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyotokeiba Co Ltd                            | Tokyotokeiba Co Ltd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        80712 | NS      | $3085522.62   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corp                                    | ITOCHU Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       377269 | NS      | $5483947.30   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Furukawa Co Ltd                                | Furukawa Co Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        56069 | NS      | $2096775.59   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Corp                                  | Sumitomo Corp                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       145812 | NS      | $6221274.65   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Corp                                | Mitsubishi Corp                                | CUSIP: N/A<br>LEI: KVIPTY4PULAPGC1VVD26       | Long             | EC               | CORP              | JP        |       208544 | NS      | $7064308.65   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitani Corp                                    | Mitani Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        78982 | NS      | $1441415.81   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwa Co Ltd                                   | Hanwa Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        85923 | NS      | $4935352.42   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JK Holdings Co Ltd                             | JK Holdings Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        67731 | NS      | $676594.37    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                 | BNP Paribas SA                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |       117159 | NS      | $13220550.98  | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE            | LVMH Moet Hennessy Louis Vuitton SE            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |         6762 | NS      | $4347348.13   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Tatemono Co Ltd                          | Tokyo Tatemono Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       126705 | NS      | $3548859.67   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Runway Growth Finance Corp                     | Runway Growth Finance Corp                     | CUSIP: 78163D100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -860312 | NS      | $-6667418.00  | -1.40%            |  |  |  | No            |                  1 | On Loan: No      |
| Ueki Corp                                      | Ueki Corp                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        46129 | NS      | $958528.51    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TYK Corp/Tokyo                                 | TYK Corp/Tokyo                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       143942 | NS      | $584376.96    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Azbil Corp                                     | Azbil Corp                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       236086 | NS      | $2198117.66   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Starzen Co Ltd                                 | Starzen Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       118362 | NS      | $1042152.53   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Tsubakimoto Kogyo Co Ltd                       | Tsubakimoto Kogyo Co Ltd                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        80013 | NS      | $1603692.82   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Yuasa Trading Co Ltd                           | Yuasa Trading Co Ltd                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        68340 | NS      | $2835739.12   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Radiator Manufacturing Co Ltd            | Tokyo Radiator Manufacturing Co Ltd            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        62618 | NS      | $735385.09    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Jungfraubahn Holding AG                        | Jungfraubahn Holding AG                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |        13439 | NS      | $5444818.24   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Forestry Co Ltd                       | Sumitomo Forestry Co Ltd                       | CUSIP: N/A<br>LEI: 549300FIIRGO6D5FWR19       | Long             | EC               | CORP              | JP        |       221028 | NS      | $2399016.81   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Parke Bancorp Inc                              | Parke Bancorp Inc                              | CUSIP: 700885106<br>LEI: 5493000JF1TWXVD0CR78 | Long             | EC               | CORP              | US        |       111189 | NS      | $3097725.54   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Flughafen Zurich AG                            | Flughafen Zurich AG                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |         7969 | NS      | $2736315.28   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital Southwest Corp                         | Capital Southwest Corp                         | CUSIP: 140501107<br>LEI: N/A                  | Long             | EC               | RF                | US        |       665276 | NS      | $14549586.12  | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Prospect Capital Corp                          | Prospect Capital Corp                          | CUSIP: 74348T102<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -3373796 | NS      | $-9176725.12  | -1.93%            |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Lane Capital Corp                       | Oxford Lane Capital Corp                       | CUSIP: 691543847<br>LEI: N/A                  | Short            | EC               | RF                | US        |      -779788 | NS      | $-6542421.32  | -1.37%            |  |  |  | No            |                  1 | On Loan: No      |
| TriplePoint Venture Growth BDC Corp            | TriplePoint Venture Growth BDC Corp            | CUSIP: 89677Y100<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -1162561 | NS      | $-6033691.59  | -1.27%            |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                                     | CarMax Inc                                     | CUSIP: 143130102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |       -43490 | NS      | $-1877463.30  | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                 | Morgan Stanley                                 | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |        27074 | NS      | $4508091.74   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                 | Amazon.com Inc                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |        79213 | NS      | $16634730.00  | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                               | Wells Fargo & Co                               | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Short            | EC               | CORP              | US        |       -51956 | NS      | $-4231816.20  | -0.89%            |  |  |  | No            |                  1 | On Loan: No      |
| Kyoritsu Electric Corp                         | Kyoritsu Electric Corp                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        75141 | NS      | $1409810.97   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                                 | Starbucks Corp                                 | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Short            | EC               | CORP              | US        |       -71329 | NS      | $-6991668.58  | -1.47%            |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corp             | Federal Agricultural Mortgage Corp             | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |        44652 | NS      | $7039834.32   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial Inc                             | Axos Financial Inc                             | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |       191626 | NS      | $16636969.32  | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc                     | Sprouts Farmers Market Inc                     | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |       321097 | NS      | $23719435.39  | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock TCP Capital Corp                     | BlackRock TCP Capital Corp                     | CUSIP: 09259E108<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -1151119 | NS      | $-4708076.71  | -0.99%            |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc                           | Medpace Holdings Inc                           | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |        13598 | NS      | $6143032.48   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc                        | Century Communities Inc                        | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |        78834 | NS      | $5300009.82   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                   | Alphabet Inc                                   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |        68982 | NS      | $21483064.26  | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                                     | Carvana Co                                     | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Short            | EC               | CORP              | US        |       -14486 | NS      | $-4840641.76  | -1.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Kawai Musical Instruments Manufacturing Co Ltd | Kawai Musical Instruments Manufacturing Co Ltd | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        47092 | NS      | $896818.16    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Totech Corp                                    | Totech Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        92171 | NS      | $2697284.73   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinagawa Refra Co Ltd                         | Shinagawa Refra Co Ltd                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        94247 | NS      | $1510583.30   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Nichias Corp                                   | Nichias Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        98592 | NS      | $6061420.88   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Yakin Kogyo Co Ltd                      | Nippon Yakin Kogyo Co Ltd                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        84297 | NS      | $2866308.52   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanyo Industries Ltd                           | Sanyo Industries Ltd                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        57894 | NS      | $1946297.19   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Hochiki Corp                                   | Hochiki Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        45650 | NS      | $1879611.31   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ISB Corp                                       | ISB Corp                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        85702 | NS      | $1097033.89   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Jeol Ltd                                       | Jeol Ltd                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        82154 | NS      | $3623582.44   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Galilei Co Ltd                                 | Galilei Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        91347 | NS      | $2290036.21   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Holdings Inc                            | Nomura Holdings Inc                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       466355 | NS      | $4337595.73   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiichi Jitsugyo Co Ltd                        | Daiichi Jitsugyo Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        69169 | NS      | $1585662.73   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Lasertec Corp                                  | Lasertec Corp                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        41776 | NS      | $9004451.45   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Corp                                      | Life Corp                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       215297 | NS      | $3748551.49   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| YAMABIKO Corp                                  | YAMABIKO Corp                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       110412 | NS      | $2714962.25   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Mammy Mart Holdings Corp                       | Mammy Mart Holdings Corp                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        99784 | NS      | $1117550.13   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Subaru Enterprise Co Ltd                       | Subaru Enterprise Co Ltd                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        56246 | NS      | $1316422.57   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichiken Co Ltd                                 | Ichiken Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        39033 | NS      | $1652150.80   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Okamoto Machine Tool Works Ltd                 | Okamoto Machine Tool Works Ltd                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        68664 | NS      | $2172062.63   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaga Electronics Co Ltd                        | Kaga Electronics Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        99859 | NS      | $2787982.20   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Tamron Co Ltd                                  | Tamron Co Ltd                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       196540 | NS      | $1325243.30   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Starts Corp Inc                                | Starts Corp Inc                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        92050 | NS      | $3147613.10   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Daitron Co Ltd                                 | Daitron Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       142366 | NS      | $2748589.57   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Realty & Development Co Ltd           | Sumitomo Realty & Development Co Ltd           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       122098 | NS      | $4134436.17   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Hankyu Hanshin Holdings Inc                    | Hankyu Hanshin Holdings Inc                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       228639 | NS      | $6668912.02   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Nisshin Oillio Group Ltd/The                   | Nisshin Oillio Group Ltd/The                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        60415 | NS      | $2359885.38   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippn Corp                                     | Nippn Corp                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        91690 | NS      | $1683317.20   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Morinaga & Co Ltd/Japan                        | Morinaga & Co Ltd/Japan                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       218400 | NS      | $4041025.84   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Maruzen Co Ltd/Taito ward                      | Maruzen Co Ltd/Taito ward                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        67205 | NS      | $1766570.77   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Bourbon Corp/Japan                             | Bourbon Corp/Japan                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        45532 | NS      | $976737.43    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TANABE ENGINEERING CORP                        | TANABE ENGINEERING CORP                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        71319 | NS      | $1335361.68   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hulic Co Ltd                                   | Hulic Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       444158 | NS      | $5884563.78   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinnihon Corp                                 | Shinnihon Corp                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       124855 | NS      | $1759714.76   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Tigers Polymer Corp                            | Tigers Polymer Corp                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        56382 | NS      | $466826.28    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Quick Co Ltd                                   | Quick Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       210713 | NS      | $1269688.68   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui OSK Lines Ltd                           | Mitsui OSK Lines Ltd                           | CUSIP: N/A<br>LEI: 353800P8O843TMAZ6S09       | Long             | EC               | CORP              | JP        |        71420 | NS      | $2651638.72   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Ifuji Sangyo Co Ltd                            | Ifuji Sangyo Co Ltd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        74836 | NS      | $984778.79    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Shibuya Corp                                   | Shibuya Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        71890 | NS      | $1714790.45   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Kitano Construction Corp                       | Kitano Construction Corp                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        97818 | NS      | $969003.59    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Kikkoman Corp                                  | Kikkoman Corp                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       124116 | NS      | $1192162.14   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** EA Series Trust

**Signature:** /s/ Sean Hegarty

**Name of Signer:** Sean Hegarty

**Title:** Treasurer