# EDGAR Filing Document

**Accession Number:** 0001368578
**File Stem:** 0001162044-25-001075
**Filing Date:** 2025-10
**Character Count:** 29640
**Document Hash:** 1e9be4464d867f1f535db4d360f2d2af
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-25-001075.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0001162044-25-001075

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MSS Series Trust
- **CENTRAL INDEX KEY:** 0001368578

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21927
- **FILM NUMBER:** 251428072

**BUSINESS ADDRESS:**
- **STREET 1:** 8000 TOWN CENTRE DRIVE, SUITE 400
- **CITY:** BROADVIEW HEIGHTS
- **STATE:** OH
- **ZIP:** 44147
- **BUSINESS PHONE:** 440-922-0066

**MAIL ADDRESS:**
- **STREET 1:** 8000 TOWN CENTRE DRIVE, SUITE 400
- **CITY:** BROADVIEW HEIGHTS
- **STATE:** OH
- **ZIP:** 44147

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMM FUNDS
- **DATE OF NAME CHANGE:** 20071002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FALLEN ANGELS FAMILY OF FUNDS
- **DATE OF NAME CHANGE:** 20070611

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** American Money Management Funds
- **DATE OF NAME CHANGE:** 20060710

## Series and Classes Contracts Data

### Parvin Hedged Equity Solari World Fund (Series ID: S000070562)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000224129 | Parvin Hedged Equity Solari World Fund | PHSWX           |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **August 31, 2025 (unaudited)** | **August 31, 2025 (unaudited)** | **August 31, 2025 (unaudited)** | **August 31, 2025 (unaudited)** |
| **<u>Parvin Hedged Equity Solari World Fund</u>** | **<u>Parvin Hedged Equity Solari World Fund</u>** | **<u>Parvin Hedged Equity Solari World Fund</u>** | **<u>Parvin Hedged Equity Solari World Fund</u>** |
|  |  | **Shares or Principal** |  |
| **Security Description** |  | **Amount ($)** | **Fair Value ($)(1)** |
| **Common Stocks - 77.03%** | **Common Stocks - 77.03%** | **Common Stocks - 77.03%** | **Common Stocks - 77.03%** |
| **Agricultural Chemicals - 1.17%** |  |  |  |
| Nutrien Ltd. (Canada) |  | 1750  | 100835  |
| **Agricultural Services - 2.84%** |  |  |  |
| Calavo Growers, Inc.  |  | 9000  | 246150  |
| **Airports, Flying Fields & Airport Terminal Services - 2.95%** |  |  |  |
| Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.  |  | 2500  | 255525  |
| **Beverages - 4.66%** |  |  |  |
| Ambev SA ADR |  | 85000  | 190400  |
| Diageo plc (2) |  | 1900  | 212477  |
|  |  |  | 402877  |
| **Construction Machinery & Equipment - 2.05%** |  |  |  |
| CNH Industrial N.V. (2) |  | 15500  | 177475  |
| **Consumer Staple Products - 2.60%** |  |  |  |
| Orkla ASA ADR (2) |  | 20000  | 224600  |
| **Crude Petroleum & Natural Gas - 1.53%** |  |  |  |
| GeoPark Ltd. (Colombia) |  | 20000  | 132000  |
| **Gold and Silver Ores - 14.12%** |  |  |  |
| Agnico Eagle Mines Ltd. |  | 2500  | 360425  |
| Endeavour Silver Corp. (2) |  | 40000  | 249600  |
| Osisko Gold Royalties Ltd. |  | 11500  | 369840  |
| Silvercorp Metals, Inc. |  | 50000  | 242000  |
|  |  |  | 1221865  |
| **Insurance Agents, Brokers & Services - 1.91%** |  |  |  |
| BB Seguridade Participacoes SA ADR |  | 27500  | 165000  |
| **Leisure - 1.92%** |  |  |  |
| Shimano, Inc. |  | 15000  | 166245  |
| **Luxury Goods - 2.29%** |  |  |  |
| Swatch Group AG  |  | 22000  | 198330  |
| **Mineral Royalty Traders - 2.91%** |  |  |  |
| Royal Gold, Inc. |  | 1400  | 251412  |
| **Mining & Quarrying of Nonmetallic Minerals - 3.93%** |  |  |  |
| Hecla Mining Co. |  | 40000  | 340400  |
| **Miscellaneous Manufacturing Industries - 1.99%** |  |  |  |
| Amcor plc (Switzerland) |  | 20000  | 172600  |
| **Ordnance & Accessories (No Vehicles/Guided Missiles) - 2.10%** |  |  |  |
| Sturm Ruger & Co., Inc.  |  | 5250  | 182018  |
| **Orthopedic, Prosthetic & Surgical Appliances & Supplies - 3.03%** |  |  |  |
| Smith & Nephew plc ADR (2) |  | 7000  | 262150  |
| **Petroleum Refining - 1.42%** |  |  |  |
| Equinor ASA ADR |  | 5000  | 123050  |
| **Radiotelephone Communications - 2.12%** |  |  |  |
| Mobile TeleSystems PJSC ADR (2) † |  | 10000  | 0  |
| SK Telecom Co. Ltd. ADR  |  | 8500  | 183090  |
|  |  |  | 183090  |
| **Retail - Catalog & Mail-Order Houses - 2.64%** |  |  |  |
| Coupang, Inc. Class A (2) |  | 8000  | 228640  |
| **Retail - Eating Places- 3.46%** |  |  |  |
| Cracker Barrel Old Country Store, Inc. |  | 5000  | 299100  |
| **Semiconductors & Related Devices - 1.18%** |  |  |  |
| ChipMOS Technologies, Inc. ADR  |  | 6500  | 102148  |
| **Services - Business Services - 2.86%** |  |  |  |
| MercadoLibre, Inc. (Argentina) (2) |  | 100  | 247291  |
| Qiwi PLC ADR (2) † |  | 10000  | 0  |
|  |  |  | 247291  |
| **Services - Personal Services - 3.04%** |  |  |  |
| Carriage Services, Inc.  |  | 6000  | 262680  |
| **Telephone Communications - 2.89%** |  |  |  |
| Telenor ASA ADR |  | 15000  | 249825  |
| **Wholesale-Motor Vehicle Supplies & New Parts - 5.43%** |  |  |  |
| Genuine Parts Co. |  | 1500  | 208995  |
| LKQ Corp. |  | 8000  | 260960  |
|  |  |  | 469955  |
| Total Common Stock |  | (Cost $6,025,518) | 6665260  |
| **Money Market Registered Investment Companies - 17.68%** | **Money Market Registered Investment Companies - 17.68%** | **Money Market Registered Investment Companies - 17.68%** | **Money Market Registered Investment Companies - 17.68%** |
| Fidelity Investments Money Market Government Portfolio - Class I - 3.98% (3) | Fidelity Investments Money Market Government Portfolio - Class I - 3.98% (3) | 1529540  | 1529540  |
| Total Money Market Registered Investment Companies | Total Money Market Registered Investment Companies | (Cost $1,529,540) | 1529540  |
| **Options Purchased - 2.18%** | **Options Purchased - 2.18%** | **Options Purchased - 2.18%** | **Options Purchased - 2.18%** |
|  | **Long (Short)** | **Notional Value of** | **Fair** |
|  | **<u>Contracts</u>** | **<u>Contracts ($)</u>** | **<u>Value ($)</u>** |
| **Put Options** |  |  |  |
| SPDR S&P 500 ETF Trust, September 18, 2026, Put @ $550.00 | 125 | 6875000  | 188250  |
| Total Options (Cost $213,113) | 125 | 6875000  | 188250  |
| **Total Investments - 96.88%** | **Total Investments - 96.88%** | (Cost $8,033,951) | 8383050  |
| Other Assets Less Liabilities - 3.11% | Other Assets Less Liabilities - 3.11% |  | 269506  |
| Total Net Assets - 100.00% | Total Net Assets - 100.00% |  | 8652704  |
| (1) ***Statement on Financial Accounting Standard No. 157 "Fair Value Measurements"*** - Various inputs are used in determining the value of the Fund's investments. | (1) ***Statement on Financial Accounting Standard No. 157 "Fair Value Measurements"*** - Various inputs are used in determining the value of the Fund's investments. | (1) ***Statement on Financial Accounting Standard No. 157 "Fair Value Measurements"*** - Various inputs are used in determining the value of the Fund's investments. | (1) ***Statement on Financial Accounting Standard No. 157 "Fair Value Measurements"*** - Various inputs are used in determining the value of the Fund's investments. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These inputs are summarized in the three broad levels listed below. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These inputs are summarized in the three broad levels listed below. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These inputs are summarized in the three broad levels listed below. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These inputs are summarized in the three broad levels listed below. |
| • Level 1 - quoted prices in active markets for identical securities | • Level 1 - quoted prices in active markets for identical securities | • Level 1 - quoted prices in active markets for identical securities | • Level 1 - quoted prices in active markets for identical securities |
| • Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) | • Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) | • Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) | • Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) |
| • Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) | • Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) | • Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) | • Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the inputs used as of August 29, 2025 in valuing the Fund's assets carried at fair value: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the inputs used as of August 29, 2025 in valuing the Fund's assets carried at fair value: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the inputs used as of August 29, 2025 in valuing the Fund's assets carried at fair value: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the inputs used as of August 29, 2025 in valuing the Fund's assets carried at fair value: |
|  |  | Investments in  | Other Financial |
| Valuation Inputs |  | Securities | Instruments (9) |
| Level 1 - Quoted Prices |  | $8194800 | $- |
| Level 2 - Other Significant Observable Inputs |  | 188250  | - |
| Level 3 - Significant Unobservable Inputs |  | - | - |
| Total |  | $8383050 | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;market, such securities are reflected as Level 2. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;market, such securities are reflected as Level 2. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;market, such securities are reflected as Level 2. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;market, such securities are reflected as Level 2. |
| (2) Represents non-income producing securities. | (2) Represents non-income producing securities. | (2) Represents non-income producing securities. | (2) Represents non-income producing securities. |
| (3) Investment in affiliate. The yield shown represents the 7-day yield in effect at August 31, 2025. | (3) Investment in affiliate. The yield shown represents the 7-day yield in effect at August 31, 2025. | (3) Investment in affiliate. The yield shown represents the 7-day yield in effect at August 31, 2025. | (3) Investment in affiliate. The yield shown represents the 7-day yield in effect at August 31, 2025. |
| † - Level 3 security. This security was valued using significant unobservable inputs. | † - Level 3 security. This security was valued using significant unobservable inputs. |  |  |
| ADR - American Depositary Receipt |  |  |  |
| PLC - Public Limited Company |  |  |  |
| AG - Aktiengesellschaft - German term for Public Limited Company. |  |  |  |
| SA - Société Anonyme - French term for Public Limited Company. |  |  |  |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** MSS Series Trust

- **b. Investment Company Act file number:** 811-21927

- **c. CIK number of Registrant:** 0001368578

- **d. LEI of Registrant:** 5493008Y245E2ZHP5235

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

  - **Street Address 1:** 8000 Town Centre Drive

  - **City:** Broadview Heights

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 44147

  - **Telephone number:** 440-922-0066

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

- **a. Name of Series:** Parvin Hedged Equity Solari World Fund

- **b. EDGAR series identifier (if any):** S000070562

- **c. LEI of Series:** 549300W2W06T0TOQT059

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

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

- **b. Date as of which information is reported:** 2025-08-31

**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:** $8677305.24

**Total Liabilities:** $24601.52

**Net Assets:** $8652703.72

**Cash Not Reported:** $315961.76

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000224129 | 0.71%                | -1.92%               | 5.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $109482.50                                 |
| Month 2  | $0.00                    | $-125094.00                                |
| Month 3  | $80890.37                | $340896.13                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Agnico Eagle Mines Ltd.                              | Agnico Eagle Mines Ltd.                                   | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |      2500 | NS      | $360425.00    | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambev SA                                             | Ambev SA ADR                                              | CUSIP: 02319V103<br>LEI: 549300TH5Q6VRP8OT012 | Long             | EC               | CORP              | BR        |     85000 | NS      | $190400.00    | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Amcor plc                                            | Amcor plc                                                 | CUSIP: G0250X107<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | JE        |     20000 | NS      | $172600.00    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BB Seguridade Holding Corp.                          | BB Seguridade Participacoes SA ADR                        | CUSIP: 05541J103<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     27500 | NS      | $165000.00    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV                                    | CNH Industrial NV                                         | CUSIP: N20944109<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | NL        |     15500 | NS      | $177475.00    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Calavo Growers, Inc.                                 | Calavo Growers, Inc.                                      | CUSIP: 128246105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9000 | NS      | $246150.00    | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Carriage Services, Inc.                              | Carriage Services, Inc.                                   | CUSIP: 143905107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6000 | NS      | $262680.00    | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ChipMOS Technologies, Inc.                           | ChipMOS Technologies, Inc.                                | CUSIP: 16965P202<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6500 | NS      | $102147.50    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupang, Inc.                                        | Coupang, Inc. Class A                                     | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |      8000 | NS      | $228640.00    | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Cracker Barrel Old Country Store, Inc.               | Cracker Barrel Old Country Store, Inc.                    | CUSIP: 22410J106<br>LEI: 8P4PHQIUWPIECBFBW745 | Long             | EC               | CORP              | US        |      5000 | NS      | $299100.00    | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo plc                                           | Diageo plc                                                | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |      1900 | NS      | $212477.00    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavour Silver Corp.                               | Endeavour Silver Corp.                                    | CUSIP: 29258Y103<br>LEI: 549300IF2E29780PPV02 | Long             | EC               | CORP              | CA        |     40000 | NS      | $249600.00    | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinor ASA                                          | Equinor ASA ADR                                           | CUSIP: 29446M102<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | EC               | CORP              | NO        |      5000 | NS      | $123050.00    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Institutional Cash Portfolios               | Fidelity Investments Treasury Portfolio                   | CUSIP: 316175884<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1529540 | NS      | $1529540.33   | 17.68%            |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co.                                    | Genuine Parts Co                                          | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |      1500 | NS      | $208995.00    | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Geopark Ltd.                                         | Geopark Ltd.                                              | CUSIP: G38327105<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | EC               | CORP              | BM        |     20000 | NS      | $132000.00    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. | Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.      | CUSIP: 400501102<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |      2500 | NS      | $255525.00    | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Hecla Mining Co.                                     | Hecla Mining Co.                                          | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |     40000 | NS      | $340400.00    | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp.                                            | LKQ Corp.                                                 | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |      8000 | NS      | $260960.00    | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre, Inc.                                   | MercadoLibre, Inc.                                        | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       100 | NS      | $247291.00    | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Mobile TeleSystems PJSC                              | Mobile TeleSystems PJSC ADR                               | CUSIP: 607409109<br>LEI: 2534008FX8EXH1FMJA74 | Long             | EC               | CORP              | RU        |     10000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Nutrien Ltd.                                         | Nutrien Ltd.                                              | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |      1750 | NS      | $100835.00    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Orkla ASA                                            | Orkla ASA ADR                                             | CUSIP: 686331109<br>LEI: 549300PZS8G8RG6RVZ52 | Long             | EC               | CORP              | NO        |     20000 | NS      | $224600.00    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Osisko Gold Royalties Ltd.                           | Osisko Gold Royalties Ltd.                                | CUSIP: 66390D106<br>LEI: 549300TJZTXZMPQ6K004 | Long             | EC               | CORP              | CA        |     11500 | NS      | $369840.00    | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Qiwi plc                                             | Qiwi plc                                                  | CUSIP: 95MSC5TB6<br>LEI: 253400VWDGA1977ZTQ68 | Long             | EC               | CORP              | CY        |     10000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Royal Gold, Inc.                                     | Royal Gold, Inc.                                          | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |      1400 | NS      | $251412.00    | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Telecom Co. Ltd.                                  | SK Telecom Co., Ltd.                                      | CUSIP: 78440P306<br>LEI: 9884003WEA1PHW006037 | Long             | EC               | CORP              | KR        |      8500 | NS      | $183090.00    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                               | SPDR S&P 500 ETF Trust, September 18, 2026, Put @ $550.00 | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       125 | NC      | $188250.00    | 2.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimano, Inc.                                        | Shimano, Inc.                                             | CUSIP: 82455C101<br>LEI: 529900L32YT3P9DECR10 | Long             | EC               | CORP              | JP        |     15000 | NS      | $166245.00    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvercorp Metals, Inc.                              | Silvercorp Metals, Inc.                                   | CUSIP: 82835P103<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     50000 | NS      | $242000.00    | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith & Nephew plc                                   | Smith & Nephew plc ADR                                    | CUSIP: 83175M205<br>LEI: 213800ZTMDN8S67S1H61 | Long             | EC               | CORP              | GB        |      7000 | NS      | $262150.00    | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sturm, Ruger & Co., Inc.                             | Sturm, Ruger & Co., Inc.                                  | CUSIP: 864159108<br>LEI: 529900DV1BWFJSHFO847 | Long             | EC               | CORP              | US        |      5250 | NS      | $182017.50    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Swatch Group AG                                      | Swatch Group AG                                           | CUSIP: 870123106<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |     22000 | NS      | $198330.00    | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Telenor ASA                                          | Telenor ASA ADR                                           | CUSIP: 87944W105<br>LEI: 549300IM1QSBY4SLPM26 | Long             | EC               | CORP              | NO        |     15000 | NS      | $249825.00    | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-29

**Name of Applicant:** MSS Series Trust

**Signature:** /s/ Gregory B. Getts

**Name of Signer:** Gregory B. Getts

**Title:** President