# EDGAR Filing Document

**Accession Number:** 0001540305
**File Stem:** 0000894189-26-006370
**Filing Date:** 2026-2
**Character Count:** 14150
**Document Hash:** 81d89d433f8b7377ac870d72cdb1ea50
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-006370.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000894189-26-006370

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22668
- **FILM NUMBER:** 26690438

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

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

## Series and Classes Contracts Data

### U.S. Global Sea to Sky Cargo ETF (Series ID: S000072692)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000229127 | U.S. Global Sea to Sky Cargo ETF | SEA             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

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

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

- **a. Name of Series:** U.S. Global Sea to Sky Cargo ETF

- **b. EDGAR series identifier (if any):** S000072692

- **c. LEI of Series:** 54930042C14KZNH0Z454

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $11047968.44

**Total Liabilities:** $350813.60

**Net Assets:** $10697154.84

**Delayed Delivery Securities:** $157596.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000229127 | 4.30%                | 1.02%                | 2.06%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $56976.31                | $305123.15                                 |
| Month 2  | $344.91                  | $87552.51                                  |
| Month 3  | $35126.55                | $154311.79                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                      | Title                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Expeditors International of Wa            | Expeditors International of Washington Inc  | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      2213 | NS      | $329759.13    | 3.08%             |  |  |  | No            | 1                  | On Loan: No      |
| AP Moller - Maersk A/S                    | AP Moller - Maersk A/S                      | CUSIP: N/A<br>LEI: 549300D2K6PKKKXVNN73       | Long             | EC               | CORP              | DK        |       241 | NS      | $555134.41    | 5.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Deutsche Post AG                          | Deutsche Post AG                            | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |      6150 | NS      | $337739.74    | 3.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Evergreen Marine Corp Taiwan L            | Evergreen Marine Corp Taiwan Ltd            | CUSIP: N/A<br>LEI: 254900EIJA0A39C5SO15       | Long             | EC               | CORP              | TW        |     91149 | NS      | $551178.69    | 5.15%             |  |  |  | No            | 1                  | On Loan: No      |
| COSCO SHIP ENGY                           | COSCO SHIPPING Energy Transportation Co Ltd | CUSIP: N/A<br>LEI: 529900IGB8FVHRCR1W95       | Long             | EC               | CORP              | CN        |    351798 | NS      | $433944.62    | 4.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Tidewater Inc                             | Tidewater Inc                               | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |      3519 | NS      | $177744.69    | 1.66%             |  |  |  | No            | 1                  | On Loan: No      |
| United Parcel Service Inc                 | United Parcel Service Inc                   | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      3373 | NS      | $334567.87    | 3.13%             |  |  |  | No            | 1                  | On Loan: No      |
| ZTO Express Cayman Inc                    | ZTO Express Cayman Inc                      | CUSIP: 98980A105<br>LEI: 549300SCJPK3YZJTJR78 | Long             | EC               | CORP              | CN        |     14992 | NS      | $313182.88    | 2.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Matson Inc                                | Matson Inc                                  | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |      3587 | NS      | $443173.85    | 4.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Kawasaki Kisen Kaisha Ltd                 | Kawasaki Kisen Kaisha Ltd                   | CUSIP: N/A<br>LEI: 353800FL04R73DS5P870       | Long             | EC               | CORP              | JP        |     30954 | NS      | $430992.56    | 4.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Sinotrans Ltd                             | Sinotrans Ltd                               | CUSIP: N/A<br>LEI: 5299005U1RZLKVFWR249       | Long             | EC               | CORP              | CN        |    441643 | NS      | $275221.78    | 2.57%             |  |  |  | No            | 1                  | On Loan: No      |
| COSCO SHIPPING Holdings Co Ltd            | COSCO SHIPPING Holdings Co Ltd              | CUSIP: N/A<br>LEI: 3003009XI0QGYYA29S17       | Long             | EC               | CORP              | CN        |    292919 | NS      | $517511.44    | 4.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Brambles Ltd                              | Brambles Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     20509 | NS      | $314247.05    | 2.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Mitsui OSK Lines Ltd                      | Mitsui OSK Lines Ltd                        | CUSIP: N/A<br>LEI: 353800P8O843TMAZ6S09       | Long             | EC               | CORP              | JP        |      7311 | NS      | $219834.08    | 2.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Nippon Yusen KK                           | Nippon Yusen KK                             | CUSIP: N/A<br>LEI: 353800YPW4XM0ZN5I149       | Long             | EC               | CORP              | JP        |     13526 | NS      | $438489.71    | 4.10%             |  |  |  | No            | 1                  | On Loan: No      |
| OOIL                                      | Orient Overseas International Ltd           | CUSIP: N/A<br>LEI: 529900DQ426GJO276W95       | Long             | EC               | CORP              | HK        |     30458 | NS      | $490759.40    | 4.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |     95040 | NS      | $95040.00     | 0.89%             |  |  |  | No            | N/A                | On Loan: No      |
| Kuehne + Nagel International A            | Kuehne + Nagel International AG             | CUSIP: N/A<br>LEI: 529900Q0YED3805QXQ66       | Long             | EC               | CORP              | CH        |      2070 | NS      | $447528.72    | 4.18%             |  |  |  | No            | 1                  | On Loan: No      |
| SITC International Holdings Co            | SITC International Holdings Co Ltd          | CUSIP: N/A<br>LEI: 529900JUV4MOM9CE3V12       | Long             | EC               | CORP              | HK        |    145560 | NS      | $521066.16    | 4.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Hoegh Autoliners ASA                      | Hoegh Autoliners ASA                        | CUSIP: N/A<br>LEI: 549300D7GNMPKTA4HD46       | Long             | EC               | CORP              | NO        |     44527 | NS      | $433122.26    | 4.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Logista Integral SA                       | Logista Integral SA                         | CUSIP: N/A<br>LEI: 9598000ANNAL42UJ7X28       | Long             | EC               | CORP              | ES        |      9430 | NS      | $333793.54    | 3.12%             |  |  |  | No            | 1                  | On Loan: No      |
| J&T Global Express Ltd                    | J&T Global Express Ltd                      | CUSIP: N/A<br>LEI: 2549009MQXHGQY558V11       | Long             | EC               | CORP              | CN        |    226842 | NS      | $304585.67    | 2.85%             |  |  |  | No            | 1                  | On Loan: No      |
| SF Holding Co Ltd                         | SF Holding Co Ltd                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     66897 | NS      | $298095.51    | 2.79%             |  |  |  | No            | 1                  | On Loan: No      |
| Teekay Tankers Ltd                        | Teekay Tankers Ltd                          | CUSIP: N/A<br>LEI: 549300DE8ZAIYS2T6Q22       | Long             | EC               | CORP              | CA        |      3768 | NS      | $201286.56    | 1.88%             |  |  |  | No            | 1                  | On Loan: No      |
| FedEx Corp                                | FedEx Corp                                  | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      1188 | NS      | $343165.68    | 3.21%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Government Obli            | First American Government Obligations Fund  | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    111820 | NS      | $111820.33    | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| HMM Co Ltd                                | HMM Co Ltd                                  | CUSIP: N/A<br>LEI: 988400M8Q35QDZ4XXW80       | Long             | EC               | CORP              | KR        |     29820 | NS      | $424358.75    | 3.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Global Ship Lease Inc                     | Global Ship Lease Inc                       | CUSIP: N/A<br>LEI: 254900GLZ0J5N8UZM071       | Long             | EC               | CORP              | GB        |      5834 | NS      | $204423.36    | 1.91%             |  |  |  | No            | 1                  | On Loan: No      |
| TS Lines Ltd                              | TS Lines Ltd                                | CUSIP: N/A<br>LEI: 8368006B8C0EXQ2JDM96       | Long             | EC               | CORP              | HK        |    505076 | NS      | $537349.41    | 5.02%             |  |  |  | No            | 1                  | On Loan: No      |
| BW LPG Ltd                                | BW LPG Ltd                                  | CUSIP: N/A<br>LEI: 5493006WBEME88YFDW23       | Long             | EC               | CORP              | SG        |     17049 | NS      | $223260.71    | 2.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Danaos Corp                               | Danaos Corp                                 | CUSIP: N/A<br>LEI: 734IM3DNDNT36T7YTD24       | Long             | EC               | CORP              | GR        |      2169 | NS      | $204276.42    | 1.91%             |  |  |  | No            | 1                  | On Loan: —       |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** ETF Series Solutions

**Signature:** /s/ Kristen Weitzel

**Name of Signer:** ETF Series Solutions

**Title:** Treasurer