# EDGAR Filing Document

**Accession Number:** 0001540305
**File Stem:** 0000894189-25-013074
**Filing Date:** 2025-10
**Character Count:** 45700
**Document Hash:** 3b574f4687bf4e2065e18bf702d5c60c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-013074.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0000894189-25-013074

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251030

**DATE AS OF CHANGE**: 20251030

**PERIOD START**: 20250831

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22668
- **FILM NUMBER:** 251433614

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

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

## Series and Classes Contracts Data

### Vident U.S. Equity Strategy ETF (Series ID: S000043147)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000133545 | Vident U.S. Equity Strategy ETF | VUSE            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

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

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

- **a. Name of Series:** Vident U.S. Equity Strategy ETF

- **b. EDGAR series identifier (if any):** S000043147

- **c. LEI of Series:** 549300AZ81M6116DZI53

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

- **a. Date of fiscal year-end:** 2025-08-31

- **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:** $776585514.61

**Total Liabilities:** $73047625.36

**Net Assets:** $703537889.25

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000133545 | 3.96%                | 0.85%                | 1.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $32.71                   | $23494048.29                               |
| Month 2  | $1807094.68              | $3250654.86                                |
| Month 3  | $883953.09               | $8897754.41                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| KLA Corp                               | KLA Corp                               | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      2782 | NS      | $2425904.00   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Lantheus Holdings Inc                  | Lantheus Holdings Inc                  | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     48679 | NS      | $2672477.10   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Laureate Education Inc                 | Laureate Education Inc                 | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |    212736 | NS      | $5845985.28   | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| LiveRamp Holdings Inc                  | LiveRamp Holdings Inc                  | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |     91985 | NS      | $2568221.20   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Grand Canyon Education Inc             | Grand Canyon Education Inc             | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |     18357 | NS      | $3700220.49   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Hims & Hers Health Inc                 | Hims & Hers Health Inc                 | CUSIP: 433000106<br>LEI: 254900V041EIVTSB6D58 | Long             | EC               | CORP              | US        |     31204 | NS      | $1321489.40   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Home Depot Inc/The                     | Home Depot Inc/The                     | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     34335 | NS      | $13966447.95  | 1.99%             |  |  |  | No            | 1                  | On Loan: No      |
| IES Holdings Inc                       | IES Holdings Inc                       | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |     20404 | NS      | $7127321.24   | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Illinois Tool Works Inc                | Illinois Tool Works Inc                | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     17820 | NS      | $4716063.00   | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| InterDigital Inc                       | InterDigital Inc                       | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19567 | NS      | $5316549.57   | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| JPMorgan Chase & Co                    | JPMorgan Chase & Co                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     50212 | NS      | $15134901.04  | 2.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Johnson & Johnson                      | Johnson & Johnson                      | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     80164 | NS      | $14202655.88  | 2.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Jones Lang LaSalle Inc                 | Jones Lang LaSalle Inc                 | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      6033 | NS      | $1843503.81   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| International Seaways Inc              | International Seaways Inc              | CUSIP: N/A<br>LEI: 549300YUFDGFRNGBWF46       | Long             | EC               | CORP              | US        |     75574 | NS      | $3432571.08   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Valmont Industries Inc                 | Valmont Industries Inc                 | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      8294 | NS      | $3044893.28   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Verisk Analytics Inc                   | Verisk Analytics Inc                   | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |     10893 | NS      | $2920631.16   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Visa Inc                               | Visa Inc                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     37513 | NS      | $13196323.14  | 1.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Vistra Corp                            | Vistra Corp                            | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     10631 | NS      | $2010428.41   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Voya Financial Inc                     | Voya Financial Inc                     | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |     45895 | NS      | $3446255.55   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Walmart Inc                            | Walmart Inc                            | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    175161 | NS      | $16987113.78  | 2.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Watts Water Technologies Inc           | Watts Water Technologies Inc           | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |     13334 | NS      | $3692184.60   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Workday Inc                            | Workday Inc                            | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     17808 | NS      | $4110442.56   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Yelp Inc                               | Yelp Inc                               | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |     92723 | NS      | $2931901.26   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Zoetis Inc                             | Zoetis Inc                             | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     28284 | NS      | $4423617.60   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| AAON Inc                               | AAON Inc                               | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24408 | NS      | $2024643.60   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| A10 Networks Inc                       | A10 Networks Inc                       | CUSIP: 002121101<br>LEI: 549300UQD4IWUML81Q35 | Long             | EC               | CORP              | US        |    141099 | NS      | $2498863.29   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| AbbVie Inc                             | AbbVie Inc                             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     64336 | NS      | $13536294.40  | 1.92%             |  |  |  | No            | 1                  | On Loan: No      |
| SEI Investments Co                     | SEI Investments Co                     | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |      9528 | NS      | $841131.84    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Sezzle Inc                             | Sezzle Inc                             | CUSIP: 78435P105<br>LEI: 9845000CA64541AE3I35 | Long             | EC               | CORP              | US        |     24528 | NS      | $2320348.80   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| ServiceNow Inc                         | ServiceNow Inc                         | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3990 | NS      | $3660665.40   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Sherwin-Williams Co/The                | Sherwin-Williams Co/The                | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     13586 | NS      | $4970166.38   | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Simon Property Group Inc               | Simon Property Group Inc               | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      5711 | NS      | $1031749.26   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| TJX Cos Inc/The                        | TJX Cos Inc/The                        | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     67536 | NS      | $9226092.96   | 1.31%             |  |  |  | No            | 1                  | On Loan: No      |
| T-Mobile US Inc                        | T-Mobile US Inc                        | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     23552 | NS      | $5934868.48   | 0.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Texas Pacific Land Corp                | Texas Pacific Land Corp                | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3113 | NS      | $2905923.24   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Tradeweb Markets Inc                   | Tradeweb Markets Inc                   | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27725 | NS      | $3420156.00   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| TransDigm Group Inc                    | TransDigm Group Inc                    | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4974 | NS      | $6958029.12   | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| U.S. Bank Money Market Deposit Account | U.S. Bank Money Market Deposit Account | CUSIP: 8AMMF0A84<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1167908 | NS      | $1167907.73   | 0.17%             |  |  |  | No            | N/A                | On Loan: No      |
| Uber Technologies Inc                  | Uber Technologies Inc                  | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     85875 | NS      | $8050781.25   | 1.14%             |  |  |  | No            | 1                  | On Loan: No      |
| United Therapeutics Corp               | United Therapeutics Corp               | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |     10057 | NS      | $3064971.32   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Meta Platforms Inc                     | Meta Platforms Inc                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     19614 | NS      | $14488861.80  | 2.06%             |  |  |  | No            | 1                  | On Loan: No      |
| MGIC Investment Corp                   | MGIC Investment Corp                   | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |    137246 | NS      | $3819556.18   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| MSA Safety Inc                         | MSA Safety Inc                         | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |     10064 | NS      | $1716918.40   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| MSCI Inc                               | MSCI Inc                               | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |      4941 | NS      | $2805104.52   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| McDonald's Corp                        | McDonald's Corp                        | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     21340 | NS      | $6690943.60   | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Medpace Holdings Inc                   | Medpace Holdings Inc                   | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |      2209 | NS      | $1050401.59   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Merck & Co Inc                         | Merck & Co Inc                         | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     51191 | NS      | $4306186.92   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Pathward Financial Inc                 | Pathward Financial Inc                 | CUSIP: 59100U108<br>LEI: 5493004X52BH1NBLW813 | Long             | EC               | CORP              | US        |     47857 | NS      | $3803195.79   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Microsoft Corp                         | Microsoft Corp                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     32511 | NS      | $16472998.59  | 2.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Monolithic Power Systems Inc           | Monolithic Power Systems Inc           | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      2500 | NS      | $2089400.00   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Moody's Corp                           | Moody's Corp                           | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     13097 | NS      | $6676326.72   | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Morningstar Inc                        | Morningstar Inc                        | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |     10107 | NS      | $2652278.94   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Motorola Solutions Inc                 | Motorola Solutions Inc                 | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     14990 | NS      | $7082175.40   | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| NVR Inc                                | NVR Inc                                | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |       379 | NS      | $3076589.35   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| NetApp Inc                             | NetApp Inc                             | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     26571 | NS      | $2996943.09   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Netflix Inc                            | Netflix Inc                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      8297 | NS      | $10024850.25  | 1.42%             |  |  |  | No            | 1                  | On Loan: No      |
| New York Times Co/The                  | New York Times Co/The                  | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |     68319 | NS      | $4088208.96   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| NVIDIA Corp                            | NVIDIA Corp                            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    125994 | NS      | $21945634.92  | 3.12%             |  |  |  | No            | 1                  | On Loan: No      |
| O'Reilly Automotive Inc                | O'Reilly Automotive Inc                | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     74520 | NS      | $7726233.60   | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Old Dominion Freight Line Inc          | Old Dominion Freight Line Inc          | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |     17963 | NS      | $2711874.11   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Oracle Corp                            | Oracle Corp                            | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     96508 | NS      | $21823354.04  | 3.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Palantir Technologies Inc              | Palantir Technologies Inc              | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     40004 | NS      | $6269026.84   | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Parker-Hannifin Corp                   | Parker-Hannifin Corp                   | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      7079 | NS      | $5375438.65   | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Paychex Inc                            | Paychex Inc                            | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     21881 | NS      | $3051414.86   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Photronics Inc                         | Photronics Inc                         | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |    152123 | NS      | $3448628.41   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Pinterest Inc                          | Pinterest Inc                          | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20606 | NS      | $754797.78    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Procter & Gamble Co/The                | Procter & Gamble Co/The                | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     76984 | NS      | $12089567.36  | 1.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Progressive Corp/The                   | Progressive Corp/The                   | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     23157 | NS      | $5721168.42   | 0.81%             |  |  |  | No            | 1                  | On Loan: No      |
| Qualys Inc                             | Qualys Inc                             | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |     21190 | NS      | $2877813.90   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| ADMA Biologics Inc                     | ADMA Biologics Inc                     | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    153586 | NS      | $2650894.36   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Adobe Inc                              | Adobe Inc                              | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     14772 | NS      | $5269172.40   | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| Airbnb Inc                             | Airbnb Inc                             | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      7303 | NS      | $953260.59    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Alpha Metallurgical Resources          | Alpha Metallurgical Resources Inc      | CUSIP: 020764106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7382 | NS      | $1101320.58   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Alphabet Inc                           | Alphabet Inc                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     73223 | NS      | $15589908.93  | 2.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Manhattan Associates Inc               | Manhattan Associates Inc               | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |      8827 | NS      | $1901688.88   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Marriott International Inc/MD          | Marriott International Inc/MD          | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     16904 | NS      | $4527905.44   | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Mastercard Inc                         | Mastercard Inc                         | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     23487 | NS      | $13981576.23  | 1.99%             |  |  |  | No            | 1                  | On Loan: No      |
| CVB Financial Corp                     | CVB Financial Corp                     | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    208834 | NS      | $4203828.42   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Chipotle Mexican Grill Inc             | Chipotle Mexican Grill Inc             | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    160163 | NS      | $6749268.82   | 0.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Cirrus Logic Inc                       | Cirrus Logic Inc                       | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |     26186 | NS      | $2990179.34   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Cintas Corp                            | Cintas Corp                            | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23001 | NS      | $4830900.03   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Clear Secure Inc                       | Clear Secure Inc                       | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    151846 | NS      | $5513528.26   | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Comcast Corp                           | Comcast Corp                           | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     17711 | NS      | $601642.67    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Commvault Systems Inc                  | Commvault Systems Inc                  | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |     24134 | NS      | $4504490.43   | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Constellation Energy Corp              | Constellation Energy Corp              | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     23583 | NS      | $7263092.34   | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Core Natural Resources Inc             | Core Natural Resources Inc             | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |     43076 | NS      | $3198823.76   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| CorVel Corp                            | CorVel Corp                            | CUSIP: 221006109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22999 | NS      | $2048060.95   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Costco Wholesale Corp                  | Costco Wholesale Corp                  | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     12670 | NS      | $11951864.40  | 1.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Crowdstrike Holdings Inc               | Crowdstrike Holdings Inc               | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      2686 | NS      | $1138058.20   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Deckers Outdoor Corp                   | Deckers Outdoor Corp                   | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     29166 | NS      | $3489128.58   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| DigitalBridge Group Inc                | DigitalBridge Group Inc                | CUSIP: 25401T603<br>LEI: 549300XG87L902AGBO89 | Long             | EC               | CORP              | US        |    275609 | NS      | $3144698.69   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Docusign Inc                           | Docusign Inc                           | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |     29187 | NS      | $2237475.42   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Dolby Laboratories Inc                 | Dolby Laboratories Inc                 | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |     34168 | NS      | $2449162.24   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Doximity Inc                           | Doximity Inc                           | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22000 | NS      | $1494680.00   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| EOG Resources Inc                      | EOG Resources Inc                      | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     49126 | NS      | $6131907.32   | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Ecolab Inc                             | Ecolab Inc                             | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     24873 | NS      | $6890815.92   | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Electronic Arts Inc                    | Electronic Arts Inc                    | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     24420 | NS      | $4199019.00   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| EMCOR Group Inc                        | EMCOR Group Inc                        | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     10477 | NS      | $6495740.00   | 0.92%             |  |  |  | No            | 1                  | On Loan: No      |
| Enact Holdings Inc                     | Enact Holdings Inc                     | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |     98668 | NS      | $3714850.20   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Enerpac Tool Group Corp                | Enerpac Tool Group Corp                | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |     72419 | NS      | $3066220.46   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Equitable Holdings Inc                 | Equitable Holdings Inc                 | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     61502 | NS      | $3275596.52   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Exelixis Inc                           | Exelixis Inc                           | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |    110446 | NS      | $4132889.32   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Fair Isaac Corp                        | Fair Isaac Corp                        | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |      2346 | NS      | $3569767.44   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Eli Lilly & Co                         | Eli Lilly & Co                         | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     14882 | NS      | $10902255.56  | 1.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Rambus Inc                             | Rambus Inc                             | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |     47255 | NS      | $3486001.35   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| ResMed Inc                             | ResMed Inc                             | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |     14284 | NS      | $3921100.84   | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| SBA Communications Corp                | SBA Communications Corp                | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     15398 | NS      | $3154280.30   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Salesforce Inc                         | Salesforce Inc                         | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      3431 | NS      | $879193.75    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Fastenal Co                            | Fastenal Co                            | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     87794 | NS      | $4359850.04   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Fiserv Inc                             | Fiserv Inc                             | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     35340 | NS      | $4883281.20   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Fortinet Inc                           | Fortinet Inc                           | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     58090 | NS      | $4575749.30   | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Gilead Sciences Inc                    | Gilead Sciences Inc                    | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      5771 | NS      | $651949.87    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Altria Group Inc                       | Altria Group Inc                       | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     40449 | NS      | $2718577.29   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Amazon.com Inc                         | Amazon.com Inc                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     61726 | NS      | $14135254.00  | 2.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Ameriprise Financial Inc               | Ameriprise Financial Inc               | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      7738 | NS      | $3983599.78   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Apple Inc                              | Apple Inc                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     66355 | NS      | $15403649.70  | 2.19%             |  |  |  | No            | 1                  | On Loan: No      |
| AppLovin Corp                          | AppLovin Corp                          | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      6615 | NS      | $3165872.85   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Arista Networks Inc                    | Arista Networks Inc                    | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     29213 | NS      | $3989035.15   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Autodesk Inc                           | Autodesk Inc                           | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     19006 | NS      | $5981188.20   | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Automatic Data Processing Inc          | Automatic Data Processing Inc          | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     21010 | NS      | $6388090.50   | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Badger Meter Inc                       | Badger Meter Inc                       | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |     11835 | NS      | $2164858.20   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank of America Corp                   | Bank of America Corp                   | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    127632 | NS      | $6476047.68   | 0.92%             |  |  |  | No            | 1                  | On Loan: No      |
| Booking Holdings Inc                   | Booking Holdings Inc                   | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1639 | NS      | $9176842.95   | 1.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Broadcom Inc                           | Broadcom Inc                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     78895 | NS      | $23462584.05  | 3.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Cboe Global Markets Inc                | Cboe Global Markets Inc                | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |     15531 | NS      | $3664539.45   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Cactus Inc                             | Cactus Inc                             | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |     27129 | NS      | $1138061.55   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Cargurus Inc                           | Cargurus Inc                           | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |    129093 | NS      | $4466617.80   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Carlisle Cos Inc                       | Carlisle Cos Inc                       | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      4779 | NS      | $1844168.31   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Caterpillar Inc                        | Caterpillar Inc                        | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      6101 | NS      | $2556563.04   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** ETF Series Solutions

**Signature:** /s/ Kristen Weitzel

**Name of Signer:** ETF Series Solutions

**Title:** Treasurer