# EDGAR Filing Document

**Accession Number:** 0000772129
**File Stem:** 0001410368-25-019477
**Filing Date:** 2025-10
**Character Count:** 39656
**Document Hash:** 4e2c2bce025ca38c3c063395a38ec876
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-019477.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0001410368-25-019477

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GMO TRUST
- **CENTRAL INDEX KEY:** 0000772129

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04347
- **FILM NUMBER:** 251428505

**BUSINESS ADDRESS:**
- **STREET 1:** 53 STATE STREET
- **STREET 2:** FLOOR 33
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 6173467646

**MAIL ADDRESS:**
- **STREET 1:** 53 STATE STREET
- **STREET 2:** FLOOR 33
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GMO CORE TRUST
- **DATE OF NAME CHANGE:** 19900927

## Series and Classes Contracts Data

### GMO Resources Fund (Series ID: S000034948)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000107485 | Class III    | GOFIX           |
| C000107486 | Class IV     | GOVIX           |
| C000107488 | Class VI     | GMOWX           |
| C000213392 | Class I      | GEACX           |
| C000213393 | Class R6     | GAAHX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** GMO TRUST

- **b. Investment Company Act file number:** 811-04347

- **c. CIK number of Registrant:** 0000772129

- **d. LEI of Registrant:** 549300Y2Q6TQD4HU5C66

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

  - **Street Address 1:** 53 State Street, 33rd Floor

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02109

  - **Telephone number:** 617-346-7646

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

- **a. Name of Series:** GMO Resources Fund

- **b. EDGAR series identifier (if any):** S000034948

- **c. LEI of Series:** 549300RZ6MOU726M7F60

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

- **a. Date of fiscal year-end:** 2026-02-28

- **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:** $1474989069.58

**Total Liabilities:** $2236534.36

**Net Assets:** $1472752535.22

**Cash Not Reported:** $111.27

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000213393 | 6.41%                | 4.22%                | 8.64%                |
| Class ID C000107485 | 6.47%                | 4.21%                | 8.63%                |
| Class ID C000107488 | 6.49%                | 4.20%                | 8.61%                |
| Class ID C000107486 | 6.43%                | 4.24%                | 8.61%                |
| Class ID C000213392 | 6.40%                | 4.22%                | 8.62%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5015860.22              | $68185581.25                               |
| Month 2  | $-23083606.75            | $78750010.00                               |
| Month 3  | $20358123.25             | $91433458.13                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Sao Martinho S/A                                       | Sao Martinho S/A                                       | CUSIP: 000000000<br>LEI: 549300R3Z74BNJBF4161 | Long             | EC               | CORP              | BR        |   2027782 | NS      | $6806833.90   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Oil & Gas Development Co Ltd                           | Oil & Gas Development Co Ltd                           | CUSIP: 000000000<br>LEI: 254900M131N1GDOLPD60 | Long             | EC               | CORP              | PK        |   3449060 | NS      | $3239602.67   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| EQT Corp                                               | EQT Corp                                               | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     48700 | NS      | $2524608.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                                         | Albemarle Corp                                         | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |    303298 | NS      | $25756066.16  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| OMV AG                                                 | OMV AG                                                 | CUSIP: 000000000<br>LEI: 549300V62YJ9HTLRI486 | Long             | EC               | CORP              | AT        |    200048 | NS      | $11018564.29  | 0.75%             |  |  |  | No            |                  2 | On Loan: —       |
| TGS ASA                                                | TGS ASA                                                | CUSIP: 000000000<br>LEI: 549300NUPLAXPB0WYH90 | Long             | EC               | CORP              | NO        |    340194 | NS      | $2600905.65   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Largo Inc                                              | Largo Inc                                              | CUSIP: 517097101<br>LEI: 549300DNLDBZOCZKIM08 | Long             | EC               | CORP              | CA        |   1273509 | NS      | $1951968.87   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Tamarack Valley Energy Ltd                             | Tamarack Valley Energy Ltd                             | CUSIP: 87505Y409<br>LEI: 549300TLKPX8BE14MH06 | Long             | EC               | CORP              | CA        |   1126700 | NS      | $4421970.36   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Mexico SAB de CV                                 | Grupo Mexico SAB de CV                                 | CUSIP: 000000000<br>LEI: 529900JWLZAYET2ZGW20 | Long             | EC               | CORP              | MX        |   1115372 | NS      | $7316295.32   | 0.50%             |  |  |  | No            |                  1 | On Loan: —       |
| Kemira Oyj                                             | Kemira Oyj                                             | CUSIP: 000000000<br>LEI: 74370031Y7RK5H88CQ48 | Long             | EC               | CORP              | FI        |    186263 | NS      | $4306158.49   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzano SA                                              | Suzano SA                                              | CUSIP: 000000000<br>LEI: 391200AW174YQSDMGG41 | Long             | EC               | CORP              | BR        |   2685652 | NS      | $25980513.55  | 1.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Precision Drilling Corp                                | Precision Drilling Corp                                | CUSIP: 74022D407<br>LEI: 549300WF2OE8T5BP4B84 | Long             | EC               | CORP              | CA        |     52800 | NS      | $3056467.76   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| BP PLC                                                 | BP PLC                                                 | CUSIP: 000000000<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |  12077730 | NS      | $70650110.53  | 4.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Clean TeQ Water Ltd                                    | Clean TeQ Water Ltd                                    | CUSIP: 000000000<br>LEI: 5493003MW9ETS3784O29 | Long             | EC               | CORP              | AU        |    735000 | NS      | $119990.12    | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| Advanced Drainage Systems Inc                          | Advanced Drainage Systems Inc                          | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     78887 | NS      | $11357361.39  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Henan Shenhuo Coal Industry & Electricity Power Co Ltd | Henan Shenhuo Coal Industry & Electricity Power Co Ltd | CUSIP: 000000000<br>LEI: 300300GF8XK44CSHXV64 | Long             | EC               | CORP              | CN        |   2172100 | NS      | $5880199.25   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Vermilion Energy Inc                                   | Vermilion Energy Inc                                   | CUSIP: 923725105<br>LEI: 8945009D1HGCJC8M8A68 | Long             | EC               | CORP              | CA        |    247275 | NS      | $1866926.25   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Surgutneftegas PAO                                     | Surgutneftegas PAO                                     | CUSIP: 000000000<br>LEI: 2138002GZLU65FRAC894 | Long             | EP               | CORP              | RU        |  20237584 | NS      | $0.25         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ARC Resources Ltd                                      | ARC Resources Ltd                                      | CUSIP: 00208D408<br>LEI: 5493000OCGNQZEVTDT08 | Long             | EC               | CORP              | CA        |    368379 | NS      | $7089421.47   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co                                     | Crescent Energy Co                                     | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    708633 | NS      | $6760358.82   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Lifezone Metals Ltd                                    | Lifezone Metals Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IM        |   1221000 | NS      | $5470080.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Green Plains Inc                                       | Green Plains Inc                                       | CUSIP: 393222104<br>LEI: VJ5WLTHARBSDR14KIZ98 | Long             | EC               | CORP              | US        |   1942385 | NS      | $21579897.35  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| DOF Group ASA                                          | DOF Group ASA                                          | CUSIP: 000000000<br>LEI: 213800GIV9N2A714T434 | Long             | EC               | CORP              | NO        |    417592 | NS      | $4073971.41   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell PLC                                              | Shell PLC                                              | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |   1162416 | NS      | $42799394.38  | 2.91%             |  |  |  | No            |                  2 | On Loan: No      |
| MOL Hungarian Oil & Gas PLC                            | MOL Hungarian Oil & Gas PLC                            | CUSIP: 000000000<br>LEI: 213800R83KX5FQFGXS67 | Long             | EC               | CORP              | HU        |    667025 | NS      | $5740403.28   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Petroleum Exploration Co Ltd                     | Japan Petroleum Exploration Co Ltd                     | CUSIP: 000000000<br>LEI: 549300WXUNBZ356DMN17 | Long             | EC               | CORP              | JP        |    638100 | NS      | $5234334.76   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Vale SA                                                | Vale SA                                                | CUSIP: 000000000<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |   2402980 | NS      | $24624356.78  | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Western Mining Co Ltd                                  | Western Mining Co Ltd                                  | CUSIP: 000000000<br>LEI: 300300QBV4A9N1NDK519 | Long             | EC               | CORP              | CN        |   1797445 | NS      | $4706170.78   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| AGCO Corp                                              | AGCO Corp                                              | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |    126196 | NS      | $13653145.24  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras                     | Petroleo Brasileiro SA - Petrobras                     | CUSIP: 000000000<br>LEI: 5493000J801JZRCMFE49 | Long             | EP               | CORP              | BR        |   7749848 | NS      | $44453511.77  | 3.02%             |  |  |  | No            |                  2 | On Loan: No      |
| California Resources Corp                              | California Resources Corp                              | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |    975460 | NS      | $48460852.80  | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                            | Corteva Inc                                            | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    182607 | NS      | $13547613.33  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Aemetis Inc                                            | Aemetis Inc                                            | CUSIP: 00770K202<br>LEI: 254900DQF4U5U9W7AR72 | Long             | EC               | CORP              | US        |    454920 | NS      | $1155496.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                                  | Civitas Resources Inc                                  | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |    539000 | NS      | $19824420.00  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| United Energy Group Ltd                                | United Energy Group Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |  79830000 | NS      | $5621453.38   | 0.38%             |  |  |  | No            |                  2 | On Loan: —       |
| Darling Ingredients Inc                                | Darling Ingredients Inc                                | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |   1671033 | NS      | $56748280.68  | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrun Inc                                             | Sunrun Inc                                             | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |   3014987 | NS      | $48149342.39  | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ezra Holdings Ltd                                      | Ezra Holdings Ltd                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |   2725600 | NS      | $2.13         | 0.00%             |  |  |  | No            |                  3 | On Loan: —       |
| Bakkafrost P/F                                         | Bakkafrost P/F                                         | CUSIP: 000000000<br>LEI: 2138007LH7OP4V112978 | Long             | EC               | CORP              | FO        |    161649 | NS      | $7022040.04   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Neste Oyj                                              | Neste Oyj                                              | CUSIP: 000000000<br>LEI: 5493009GY1X8GQ66AM14 | Long             | EC               | CORP              | FI        |   2167520 | NS      | $39835784.17  | 2.70%             |  |  |  | No            |                  2 | On Loan: No      |
| PhosAgro PJSC                                          | PhosAgro PJSC                                          | CUSIP: 000000000<br>LEI: 25340053KRUNNYUWF472 | Long             | EC               | CORP              | RU        |    338098 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| African Rainbow Minerals Ltd                           | African Rainbow Minerals Ltd                           | CUSIP: 000000000<br>LEI: 529900L3TPSCK8ZVZ589 | Long             | EC               | CORP              | ZA        |    170031 | NS      | $1764788.39   | 0.12%             |  |  |  | No            |                  2 | On Loan: —       |
| Array Technologies Inc                                 | Array Technologies Inc                                 | CUSIP: 04271T100<br>LEI: 549300JM5FECYJQ85V37 | Long             | EC               | CORP              | US        |   4708240 | NS      | $42421242.40  | 2.88%             |  |  |  | No            |                  1 | On Loan: —       |
| Bradespar SA                                           | Bradespar SA                                           | CUSIP: 000000000<br>LEI: 9598001UD1DHEH3PZ471 | Long             | EP               | CORP              | BR        |  13079972 | NS      | $39516021.54  | 2.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroreconcavo S/A                                     | Petroreconcavo S/A                                     | CUSIP: 000000000<br>LEI: 2549002HI638C802VA74 | Long             | EC               | CORP              | BR        |   1208700 | NS      | $2882501.54   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Helmerich & Payne Inc                                  | Helmerich & Payne Inc                                  | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |    187500 | NS      | $3916875.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Santos Ltd                                             | Santos Ltd                                             | CUSIP: 000000000<br>LEI: 5299000RK70B5O2M7077 | Long             | EC               | CORP              | AU        |    605892 | NS      | $3172050.72   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| SBM Offshore NV                                        | SBM Offshore NV                                        | CUSIP: 000000000<br>LEI: 549300RDGCRYZ5QE6513 | Long             | EC               | CORP              | NL        |    213991 | NS      | $5850393.48   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Gulfport Energy Corp                                   | Gulfport Energy Corp                                   | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |     83750 | NS      | $14575012.50  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Tatneft PJSC                                           | Tatneft PJSC                                           | CUSIP: 000000000<br>LEI: 253400PAT768SVJMV121 | Long             | EC               | CORP              | RU        |   3476399 | NS      | $0.04         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SM Energy Co                                           | SM Energy Co                                           | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    284405 | NS      | $8119762.75   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerflex Ltd                                           | Enerflex Ltd                                           | CUSIP: 29269R105<br>LEI: 54930014N7872VUS3F89 | Long             | EC               | CORP              | CA        |    322900 | NS      | $3254040.12   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestas Wind Systems A/S                                | Vestas Wind Systems A/S                                | CUSIP: 000000000<br>LEI: 549300DYMC8BGZZC8844 | Long             | EC               | CORP              | DK        |   1286769 | NS      | $25616295.33  | 1.74%             |  |  |  | No            |                  2 | On Loan: No      |
| GMK Norilskiy Nickel PAO                               | GMK Norilskiy Nickel PAO                               | CUSIP: 000000000<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |  23291700 | NS      | $0.29         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Vista Energy SAB de CV                                 | Vista Energy SAB de CV                                 | CUSIP: 92837L109<br>LEI: 549300UDOHP7958KNS89 | Long             | EC               | CORP              | MX        |    870008 | NS      | $33912911.84  | 2.30%             |  |  |  | No            |                  1 | On Loan: —       |
| SolarEdge Technologies Inc                             | SolarEdge Technologies Inc                             | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | US        |   1323059 | NS      | $44745855.38  | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kosmos Energy Ltd                                      | Kosmos Energy Ltd                                      | CUSIP: 500688106<br>LEI: 213800YDFJ3OT9B5P157 | Long             | EC               | CORP              | US        |  28579739 | NS      | $51157732.81  | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Veolia Environnement SA                                | Veolia Environnement SA                                | CUSIP: 000000000<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |    467510 | NS      | $15439866.50  | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Gazprom PJSC                                           | Gazprom PJSC                                           | CUSIP: 000000000<br>LEI: 213800FD9J2IHTA7YX78 | Long             | EC               | CORP              | RU        |  14145410 | NS      | $0.18         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Austevoll Seafood ASA                                  | Austevoll Seafood ASA                                  | CUSIP: 000000000<br>LEI: 5967007LIEEXZXFFDC03 | Long             | EC               | CORP              | NO        |    841596 | NS      | $7806454.49   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Northern Oil & Gas Inc                                 | Northern Oil & Gas Inc                                 | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     84797 | NS      | $2218289.52   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                                          | Rio Tinto PLC                                          | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |   1022100 | NS      | $63893326.81  | 4.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Galp Energia SGPS SA                                   | Galp Energia SGPS SA                                   | CUSIP: 000000000<br>LEI: 2138003319Y7NM75FG53 | Long             | EC               | CORP              | PT        |   2232784 | NS      | $43400270.25  | 2.95%             |  |  |  | No            |                  2 | On Loan: No      |
| YPF SA                                                 | YPF SA                                                 | CUSIP: 984245100<br>LEI: 5493003N7447U18U5U53 | Long             | EC               | CORP              | AR        |   1217367 | NS      | $37093172.49  | 2.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Veralto Corp                                           | Veralto Corp                                           | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |     40221 | NS      | $4271067.99   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Technip Energies NV                                    | Technip Energies NV                                    | CUSIP: 000000000<br>LEI: 724500FLODI49NSCIP70 | Long             | EC               | CORP              | NL        |     87096 | NS      | $4025470.62   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                                   | Freeport-McMoRan Inc                                   | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    218108 | NS      | $9683995.20   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Anaergia Inc                                           | Anaergia Inc                                           | CUSIP: 03253E206<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    654900 | NS      | $1168314.70   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PotlatchDeltic Corp                                    | PotlatchDeltic Corp                                    | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               |  | US        |     66000 | NS      | $2773980.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Gazprom Neft PJSC                                      | Gazprom Neft PJSC                                      | CUSIP: 000000000<br>LEI: 253400KXA9P2AN72P004 | Long             | EC               | CORP              | RU        |   3574704 | NS      | $0.04         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NexGen Energy Ltd                                      | NexGen Energy Ltd                                      | CUSIP: 65340P106<br>LEI: 529900N0IXNXB3IP7F06 | Long             | EC               | CORP              | CA        |   3688339 | NS      | $29031888.88  | 1.97%             |  |  |  | No            |                  1 | On Loan: —       |
| First Solar Inc                                        | First Solar Inc                                        | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |    115800 | NS      | $22603002.00  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitecap Resources Inc                                 | Whitecap Resources Inc                                 | CUSIP: 96467A200<br>LEI: 894500UA4G4BTB67II45 | Long             | EC               | CORP              | CA        |   1179945 | NS      | $8883847.02   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Harbour Energy PLC                                     | Harbour Energy PLC                                     | CUSIP: 000000000<br>LEI: 213800YPC42DYBKVPF97 | Long             | EC               | CORP              | GB        |   5190717 | NS      | $16013330.80  | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Ivanhoe Mines Ltd                                      | Ivanhoe Mines Ltd                                      | CUSIP: 46579R104<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |   2254882 | NS      | $19932477.14  | 1.35%             |  |  |  | No            |                  1 | On Loan: —       |
| LUKOIL PJSC                                            | LUKOIL PJSC                                            | CUSIP: 000000000<br>LEI: 549300LCJ1UJXHYBWI24 | Long             | EC               | CORP              | RU        |    248399 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Sociedad Quimica y Minera de Chile SA                  | Sociedad Quimica y Minera de Chile SA                  | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EC               | CORP              | CL        |    773562 | NS      | $35204806.62  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenaris SA                                             | Tenaris SA                                             | CUSIP: 000000000<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |    481921 | NS      | $8730332.67   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| PHOSAGRO PJSC                                          | PHOSAGRO PJSC                                          | CUSIP: 000000000<br>LEI: 25340053KRUNNYUWF472 | Long             | EC               | CORP              | RU        |      6533 | NS      | $0.01         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NEXTracker Inc                                         | NEXTracker Inc                                         | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    219165 | NS      | $14741037.90  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenlane Renewables Inc                               | Greenlane Renewables Inc                               | CUSIP: 395332109<br>LEI: 254900OR2UJ5Z8YZB396 | Long             | EC               | CORP              | CA        |    696749 | NS      | $134443.87    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Glencore PLC                                           | Glencore PLC                                           | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |  14364307 | NS      | $56746860.11  | 3.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Ameresco Inc                                           | Ameresco Inc                                           | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |   1080185 | NS      | $27469104.55  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Kernel Holding SA                                      | Kernel Holding SA                                      | CUSIP: 000000000<br>LEI: 5493003GR6L4DZOS2U12 | Long             | EC               | CORP              | LU        |    501341 | NS      | $2664947.52   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker BP ASA                                            | Aker BP ASA                                            | CUSIP: 000000000<br>LEI: 549300NFTY73920OYK69 | Long             | EC               | CORP              | NO        |    518930 | NS      | $13127869.73  | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Global Advisors                           | State Street Institutional Treasury Money Market Fund  | CUSIP: 857492870<br>LEI: 549300Q3FHSMZ70NLT76 | Long             | STIV             | RF                | US        |    567727 | NS      | $567727.21    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Modec Inc                                              | Modec Inc                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     91900 | NS      | $4913496.09   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Weyerhaeuser Co                                        | Weyerhaeuser Co                                        | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               |  | US        |    107300 | NS      | $2775851.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc                                     | Liberty Energy Inc                                     | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    307203 | NS      | $3456033.75   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc                                 | Valmont Industries Inc                                 | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |     12260 | NS      | $4500891.20   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                                     | Expand Energy Corp                                     | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     23400 | NS      | $2264652.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglo American PLC                                     | Anglo American PLC                                     | CUSIP: 000000000<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |    713347 | NS      | $21967465.06  | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| PRIO SA/Brazil                                         | PRIO SA/Brazil                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    643170 | NS      | $4492350.01   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunrise Energy Metals Ltd                              | Sunrise Energy Metals Ltd                              | CUSIP: 000000000<br>LEI: 529900AYAT2TIC68VA49 | Long             | EC               | CORP              | AU        |   1938657 | NS      | $2202098.49   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| GMO US Treasury Fund                                   | GMO US Treasury Fund                                   | CUSIP: 362013369<br>LEI: 0NIBQB0NDRTFX04R2J69 | Long             | EC               | RF                | US        |   3565489 | NS      | $17863101.66  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Energy Fuels Corp                                | Clean Energy Fuels Corp                                | CUSIP: 184499101<br>LEI: 549300MTQB4VUAOPMF71 | Long             | EC               | CORP              | US        |   3807388 | NS      | $10013430.44  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| First Quantum Minerals Ltd                             | First Quantum Minerals Ltd                             | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |    419977 | NS      | $7360721.15   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Tatneft PJSC                                           | Tatneft PJSC                                           | CUSIP: 000000000<br>LEI: 253400PAT768SVJMV121 | Long             | EP               | CORP              | RU        |   7494797 | NS      | $0.09         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ConocoPhillips                                         | ConocoPhillips                                         | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    435091 | NS      | $43060956.27  | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-16

**Name of Applicant:** GMO TRUST

**Signature:** Betty Maganzini

**Name of Signer:** Betty Maganzini

**Title:** Treasurer