# EDGAR Filing Document

**Accession Number:** 0001939052
**File Stem:** 0001193125-25-220121
**Filing Date:** 2025-9
**Character Count:** 63050
**Document Hash:** cf3ca3570989472abbe55f2b91c72372
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-220121.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0001193125-25-220121

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Stone Ridge Trust VIII
- **CENTRAL INDEX KEY:** 0001939052

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23824
- **FILM NUMBER:** 251349287

**BUSINESS ADDRESS:**
- **STREET 1:** ONE VANDERBILT AVENUE
- **STREET 2:** 65TH FL.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-202-3138

**MAIL ADDRESS:**
- **STREET 1:** ONE VANDERBILT AVENUE
- **STREET 2:** 65TH FL.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Stone Ridge Trust VIII

- **b. Investment Company Act file number:** 811-23824

- **c. CIK number of Registrant:** 0001939052

- **d. LEI of Registrant:** 549300D80SYETZAITO45

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

  - **Street Address 1:** One Vanderbilt Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 855-609-3680

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

- **a. Name of Series:** Stone Ridge Art Risk Premium Fund

- **c. LEI of Series:** 549300D80SYETZAITO45

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $133399695.00

**Total Liabilities:** $25646247.79

**Net Assets:** $107753447.21

**Amount of Assets Invested in Other Investment Companies:** $26867637.38

**Cash Not Reported:** $138062.58

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.57%                | -0.66%               | -0.29%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-8301.18                                  |
| Month 2  | $0.00                    | $-642453.76                                |
| Month 3  | $0.00                    | $-121731.98                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Masterworks 044., LLC          | Masterworks 044., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     33233 | NS      | $610729.49    | 0.57%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 049., LLC          | Masterworks 049., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     70092 | NS      | $1114701.11   | 1.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 058., LLC          | Masterworks 058., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    141728 | NS      | $2981574.45   | 2.77%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 074., LLC          | Masterworks 074., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     78210 | NS      | $1715497.25   | 1.59%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 076., LLC          | Masterworks 076., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     12366 | NS      | $141652.53    | 0.13%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 106., LLC          | Masterworks 106., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     38879 | NS      | $867168.88    | 0.80%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 140., LLC          | Masterworks 140., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     40730 | NS      | $743179.95    | 0.69%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 158., LLC          | Masterworks 158., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      9008 | NS      | $224277.58    | 0.21%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 166., LLC          | Masterworks 166., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     27234 | NS      | $517731.96    | 0.48%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 214., LLC          | Masterworks 214., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     22721 | NS      | $487220.04    | 0.45%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 230., LLC          | Masterworks 230., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     22019 | NS      | $396364.02    | 0.37%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 262., LLC          | Masterworks 262., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    113728 | NS      | $2493736.60   | 2.31%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 282., LLC          | Masterworks 282., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    120000 | NS      | $2374944.00   | 2.20%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 300., LLC          | Masterworks 300., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     19835 | NS      | $773017.55    | 0.72%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 329., LLC          | Masterworks 329., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      6953 | NS      | $136180.07    | 0.13%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 338., LLC          | Masterworks 338., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      6441 | NS      | $160100.72    | 0.15%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 388., LLC          | Masterworks 388., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     12483 | NS      | $172985.67    | 0.16%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 391., LLC          | Masterworks 391., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      9021 | NS      | $172229.83    | 0.16%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 393., LLC          | Masterworks 393., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     25963 | NS      | $520002.54    | 0.48%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 395., LLC          | Masterworks 395., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      7634 | NS      | $130135.27    | 0.12%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 406., LLC          | Masterworks 406., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     17156 | NS      | $246763.33    | 0.23%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 426., LLC          | Masterworks 426., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      9100 | NS      | $185021.20    | 0.17%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 110., LLC          | Masterworks 110., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     26571 | NS      | $353306.62    | 0.33%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 118., LLC          | Masterworks 118., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     21741 | NS      | $363507.35    | 0.34%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 128., LLC          | Masterworks 128., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     12581 | NS      | $192445.27    | 0.18%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 133., LLC          | Masterworks 133., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     14872 | NS      | $256943.54    | 0.24%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 148., LLC          | Masterworks 148., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     11994 | NS      | $195234.73    | 0.18%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 169., LLC          | Masterworks 169., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     11972 | NS      | $140332.19    | 0.13%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 176., LLC          | Masterworks 176., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     20022 | NS      | $421933.62    | 0.39%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 180., LLC          | Masterworks 180., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     11251 | NS      | $109840.14    | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 236., LLC          | Masterworks 236., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     36146 | NS      | $739109.79    | 0.69%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 241., LLC          | Masterworks 241., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     24389 | NS      | $427080.66    | 0.40%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 258., LLC          | Masterworks 258., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     20804 | NS      | $316495.41    | 0.29%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 261., LLC          | Masterworks 261., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     39057 | NS      | $800281.84    | 0.74%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 309., LLC          | Masterworks 309., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      9330 | NS      | $182766.30    | 0.17%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 325., LLC          | Masterworks 325., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     42995 | NS      | $742394.67    | 0.69%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 371., LLC          | Masterworks 371., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     12492 | NS      | $247726.35    | 0.23%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 387., LLC          | Masterworks 387., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      9709 | NS      | $168670.57    | 0.16%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 040., LLC          | Masterworks 040., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      8835 | NS      | $101586.60    | 0.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 079., LLC          | Masterworks 079., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     27051 | NS      | $307394.04    | 0.29%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 097., LLC          | Masterworks 097., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     24848 | NS      | $538394.04    | 0.50%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 104., LLC          | Masterworks 104., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      7956 | NS      | $136713.52    | 0.13%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 417., LLC          | Masterworks 417., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     12634 | NS      | $247447.00    | 0.23%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 083., LLC          | Masterworks 083., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     38099 | NS      | $806369.14    | 0.75%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 109., LLC          | Masterworks 109., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     77884 | NS      | $1442520.72   | 1.34%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 112., LLC          | Masterworks 112., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      3811 | NS      | $35760.14     | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 130., LLC          | Masterworks 130., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     62190 | NS      | $646085.69    | 0.60%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 160., LLC          | Masterworks 160., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     16438 | NS      | $192735.55    | 0.18%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 168., LLC          | Masterworks 168., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      9900 | NS      | $198143.55    | 0.18%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 172., LLC          | Masterworks 172., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     20029 | NS      | $384963.39    | 0.36%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 192., LLC          | Masterworks 192., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     21300 | NS      | $421088.22    | 0.39%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 091., LLC          | Masterworks 091., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     50670 | NS      | $931299.40    | 0.86%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 311., LLC          | Masterworks 311., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     44913 | NS      | $1368714.69   | 1.27%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 418., LLC          | Masterworks 418., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      7634 | NS      | $168751.86    | 0.16%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 066., LLC          | Masterworks 066., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     32698 | NS      | $593033.82    | 0.55%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 111., LLC          | Masterworks 111., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     30878 | NS      | $347541.15    | 0.32%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 127., LLC          | Masterworks 127., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     30931 | NS      | $592860.66    | 0.55%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 075., LLC          | Masterworks 075., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     60008 | NS      | $1049011.85   | 0.97%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 093., LLC          | Masterworks 093., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    219101 | NS      | $4169272.93   | 3.87%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 125., LLC          | Masterworks 125., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     41369 | NS      | $1138872.02   | 1.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 126., LLC          | Masterworks 126., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      4198 | NS      | $66293.14     | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 129., LLC          | Masterworks 129., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     28677 | NS      | $679329.45    | 0.63%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 153., LLC          | Masterworks 153., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     17164 | NS      | $365933.05    | 0.34%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 154., LLC          | Masterworks 154., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     21808 | NS      | $396342.95    | 0.37%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 156., LLC          | Masterworks 156., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     45604 | NS      | $539066.64    | 0.50%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 193., LLC          | Masterworks 193., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      8085 | NS      | $171045.45    | 0.16%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 215., LLC          | Masterworks 215., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     34082 | NS      | $619307.43    | 0.57%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 254., LLC          | Masterworks 254., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     34674 | NS      | $582776.32    | 0.54%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 348., LLC          | Masterworks 348., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     22541 | NS      | $488384.58    | 0.45%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 398., LLC          | Masterworks 398., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     36264 | NS      | $610638.62    | 0.57%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 400., LLC          | Masterworks 400., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     33499 | NS      | $479822.93    | 0.45%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 053., LLC          | Masterworks 053., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     26183 | NS      | $305065.99    | 0.28%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 114., LLC          | Masterworks 114., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     15366 | NS      | $321230.84    | 0.30%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 120., LLC          | Masterworks 120., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      2899 | NS      | $32190.50     | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 146., LLC          | Masterworks 146., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     20712 | NS      | $371620.92    | 0.34%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 162., LLC          | Masterworks 162., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     13820 | NS      | $136631.43    | 0.13%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 165., LLC          | Masterworks 165., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     12890 | NS      | $277575.84    | 0.26%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 239., LLC          | Masterworks 239., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     58452 | NS      | $1159290.21   | 1.08%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 245., LLC          | Masterworks 245., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     20599 | NS      | $419323.54    | 0.39%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 369., LLC          | Masterworks 369., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     18730 | NS      | $411861.46    | 0.38%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 219., LLC          | Masterworks 219., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     52651 | NS      | $664108.12    | 0.62%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 275., LLC          | Masterworks 275., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     37585 | NS      | $340843.33    | 0.32%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 326., LLC          | Masterworks 326., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     20804 | NS      | $284883.73    | 0.26%             |  |  |  | No            |                  3 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1132468 | NS      | $1132467.81   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterworks 041., LLC          | Masterworks 041., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     22709 | NS      | $402342.17    | 0.37%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 046., LLC          | Masterworks 046., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     32081 | NS      | $722855.51    | 0.67%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 048., LLC          | Masterworks 048., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      4040 | NS      | $74814.34     | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 062., LLC          | Masterworks 062., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     31493 | NS      | $446611.68    | 0.41%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 063., LLC          | Masterworks 063., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     29125 | NS      | $292653.83    | 0.27%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 072., LLC          | Masterworks 072., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     37823 | NS      | $743116.05    | 0.69%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 080., LLC          | Masterworks 080., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     11330 | NS      | $246509.08    | 0.23%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 090., LLC          | Masterworks 090., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     72921 | NS      | $1352859.56   | 1.26%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 096., LLC          | Masterworks 096., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     39434 | NS      | $855725.69    | 0.79%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 098., LLC          | Masterworks 098., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     21054 | NS      | $339255.73    | 0.31%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 101., LLC          | Masterworks 101., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     84521 | NS      | $1545846.83   | 1.43%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 103., LLC          | Masterworks 103., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     12515 | NS      | $323356.31    | 0.30%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 107., LLC          | Masterworks 107., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     10193 | NS      | $127481.81    | 0.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 113., LLC          | Masterworks 113., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     10605 | NS      | $162209.84    | 0.15%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 121., LLC          | Masterworks 121., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    100021 | NS      | $1486332.06   | 1.38%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 132., LLC          | Masterworks 132., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      2835 | NS      | $54235.82     | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 147., LLC          | Masterworks 147., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     24209 | NS      | $374537.44    | 0.35%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 163., LLC          | Masterworks 163., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      7874 | NS      | $184075.22    | 0.17%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 164., LLC          | Masterworks 164., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     34549 | NS      | $256567.78    | 0.24%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 174., LLC          | Masterworks 174., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      6026 | NS      | $65915.40     | 0.06%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 177., LLC          | Masterworks 177., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     19957 | NS      | $433527.91    | 0.40%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 182., LLC          | Masterworks 182., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      7854 | NS      | $170127.85    | 0.16%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 191., LLC          | Masterworks 191., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     53963 | NS      | $941308.99    | 0.87%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 217., LLC          | Masterworks 217., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     25183 | NS      | $366067.64    | 0.34%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 228., LLC          | Masterworks 228., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    129184 | NS      | $2894858.42   | 2.69%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 268., LLC          | Masterworks 268., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     84816 | NS      | $1610240.24   | 1.49%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 273., LLC          | Masterworks 273., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     26813 | NS      | $495439.89    | 0.46%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 278., LLC          | Masterworks 278., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     30242 | NS      | $591306.71    | 0.55%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 279., LLC          | Masterworks 279., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     27808 | NS      | $231863.10    | 0.22%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 318., LLC          | Masterworks 318., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      6296 | NS      | $163884.88    | 0.15%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 402., LLC          | Masterworks 402., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     11654 | NS      | $228252.91    | 0.21%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 419., LLC          | Masterworks 419., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     29541 | NS      | $579901.65    | 0.54%             |  |  |  | No            |                  3 | On Loan: No      |
| Stone Ridge 2                  | Stone Ridge 2                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               | CORP              | US        |         1 | NS      | $2842375.00   | 2.64%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 057., LLC          | Masterworks 057., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     18950 | NS      | $322024.93    | 0.30%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 115., LLC          | Masterworks 115., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      9039 | NS      | $80271.74     | 0.07%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 136., LLC          | Masterworks 136., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     28644 | NS      | $433509.75    | 0.40%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 159., LLC          | Masterworks 159., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     23046 | NS      | $488561.37    | 0.45%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 171., LLC          | Masterworks 171., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     11384 | NS      | $109824.86    | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 428., LLC          | Masterworks 428., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     21504 | NS      | $294843.49    | 0.27%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 042., LLC          | Masterworks 042., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     36778 | NS      | $893753.21    | 0.83%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 047., LLC          | Masterworks 047., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      8308 | NS      | $164053.92    | 0.15%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 131., LLC          | Masterworks 131., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     15750 | NS      | $254764.13    | 0.24%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 178., LLC          | Masterworks 178., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     29822 | NS      | $634534.62    | 0.59%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 286., LLC          | Masterworks 286., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     59557 | NS      | $1061508.23   | 0.99%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 334., LLC          | Masterworks 334., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     12620 | NS      | $248461.30    | 0.23%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 386., LLC          | Masterworks 386., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     32107 | NS      | $632434.05    | 0.59%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 389., LLC          | Masterworks 389., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      7634 | NS      | $129986.41    | 0.12%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 410., LLC          | Masterworks 410., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     39847 | NS      | $699952.40    | 0.65%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 434., LLC          | Masterworks 434., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     20117 | NS      | $474662.63    | 0.44%             |  |  |  | No            |                  3 | On Loan: No      |
| Stone Ridge 3                  | Stone Ridge 3                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               | CORP              | US        |         1 | NS      | $8374095.89   | 7.77%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 043., LLC          | Masterworks 043., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     31752 | NS      | $421460.17    | 0.39%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 355., LLC          | Masterworks 355., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     24404 | NS      | $602993.56    | 0.56%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 407., LLC          | Masterworks 407., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     31900 | NS      | $703704.43    | 0.65%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 446., LLC          | Masterworks 446., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     69361 | NS      | $1615181.86   | 1.50%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 105., LLC          | Masterworks 105., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     25947 | NS      | $234389.63    | 0.22%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 108., LLC          | Masterworks 108., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     36921 | NS      | $742178.56    | 0.69%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 122., LLC          | Masterworks 122., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     37971 | NS      | $607205.65    | 0.56%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 341., LLC          | Masterworks 341., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     55478 | NS      | $1207817.09   | 1.12%             |  |  |  | No            |                  3 | On Loan: No      |
| Stone Ridge 4                  | Stone Ridge 4                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               | CORP              | US        |         1 | NS      | $2991226.03   | 2.78%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 050., LLC          | Masterworks 050., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     34682 | NS      | $681192.63    | 0.63%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 054., LLC          | Masterworks 054., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    137421 | NS      | $3366415.98   | 3.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 064., LLC          | Masterworks 064., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     87882 | NS      | $1415559.32   | 1.31%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 084., LLC          | Masterworks 084., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     12403 | NS      | $145210.60    | 0.13%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 089., LLC          | Masterworks 089., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     11642 | NS      | $297358.80    | 0.28%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 095., LLC          | Masterworks 095., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     36524 | NS      | $658184.39    | 0.61%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 099., LLC          | Masterworks 099., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      3478 | NS      | $56550.19     | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 116., LLC          | Masterworks 116., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     69220 | NS      | $1132286.92   | 1.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 117., LLC          | Masterworks 117., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     49096 | NS      | $675737.71    | 0.63%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 157., LLC          | Masterworks 157., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     14262 | NS      | $304627.76    | 0.28%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 186., LLC          | Masterworks 186., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     33634 | NS      | $475917.74    | 0.44%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 196., LLC          | Masterworks 196., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     45392 | NS      | $919841.64    | 0.85%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 274., LLC          | Masterworks 274., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     25121 | NS      | $495443.90    | 0.46%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 399., LLC          | Masterworks 399., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      6630 | NS      | $101251.37    | 0.09%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 414., LLC          | Masterworks 414., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     19242 | NS      | $372790.66    | 0.35%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 056., LLC          | Masterworks 056., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     65886 | NS      | $989891.03    | 0.92%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 068., LLC          | Masterworks 068., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     52648 | NS      | $891830.80    | 0.83%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 073., LLC          | Masterworks 073., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     32599 | NS      | $247556.81    | 0.23%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 088., LLC          | Masterworks 088., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     40312 | NS      | $566286.85    | 0.53%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 124., LLC          | Masterworks 124., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     42974 | NS      | $693656.23    | 0.64%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 142., LLC          | Masterworks 142., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     23560 | NS      | $291163.90    | 0.27%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 055., LLC          | Masterworks 055., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     61178 | NS      | $1235599.83   | 1.15%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 167., LLC          | Masterworks 167., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     38225 | NS      | $743097.82    | 0.69%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 179., LLC          | Masterworks 179., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     23931 | NS      | $366079.69    | 0.34%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 071., LLC          | Masterworks 071., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     10756 | NS      | $108881.91    | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 197., LLC          | Masterworks 197., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     53975 | NS      | $1321599.47   | 1.23%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 218., LLC          | Masterworks 218., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     32662 | NS      | $644055.45    | 0.60%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 312., LLC          | Masterworks 312., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     21726 | NS      | $503076.39    | 0.47%             |  |  |  | No            |                  3 | On Loan: No      |
| Stone Ridge 1                  | Stone Ridge 1                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DO               | CORP              | US        |         1 | NS      | $10970753.42  | 10.18%            |  |  |  | No            |                  3 | On Loan: No      |
| MSILF Government Portfolio     | MSILF Government Portfolio                 | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |   1132468 | NS      | $1132467.81   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterworks 092., LLC          | Masterworks 092., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     86502 | NS      | $1530280.93   | 1.42%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 123., LLC          | Masterworks 123., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      6852 | NS      | $85320.42     | 0.08%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 139., LLC          | Masterworks 139., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     25638 | NS      | $366090.13    | 0.34%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 152., LLC          | Masterworks 152., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      9313 | NS      | $148617.79    | 0.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 173., LLC          | Masterworks 173., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     19708 | NS      | $219649.60    | 0.20%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 380., LLC          | Masterworks 380., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     16473 | NS      | $342897.03    | 0.32%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 396., LLC          | Masterworks 396., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     15256 | NS      | $196291.32    | 0.18%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 416., LLC          | Masterworks 416., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     11939 | NS      | $163684.88    | 0.15%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 059., LLC          | Masterworks 059., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     42995 | NS      | $535253.35    | 0.50%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 145., LLC          | Masterworks 145., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      8025 | NS      | $151130.81    | 0.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Masterworks 304., LLC          | Masterworks 304., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      8682 | NS      | $170043.92    | 0.16%             |  |  |  | No            |                  3 | On Loan: No      |
| Masterworks 390., LLC          | Masterworks 390., LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     12956 | NS      | $254404.02    | 0.24%             |  |  |  | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-26

**Name of Applicant:** Stone Ridge Trust VIII

**Signature:** Maura Keselowsky

**Name of Signer:** Maura Keselowsky

**Title:** Treasurer, Principal Financial Officer, Chief Financial Officer and Chief Accounting Officer