# EDGAR Filing Document

**Accession Number:** 0001750821
**File Stem:** 0001752724-25-184615
**Filing Date:** 2025-8
**Character Count:** 21480
**Document Hash:** 0d93b7b72b4388079295b0ca620834de
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-184615.hdr.sgml**: 20250801

**ACCESSION NUMBER**: 0001752724-25-184615

**CONFORMED SUBMISSION TYPE**: NT NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250801

**DATE AS OF CHANGE**: 20250801

**PERIOD START**: 20250531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Exchange Place Advisors Trust
- **CENTRAL INDEX KEY:** 0001750821

**ORGANIZATION NAME:**
- **EIN:** 462828241
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NT NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23373
- **FILM NUMBER:** 251174223

**BUSINESS ADDRESS:**
- **STREET 1:** 10 SOUTH LASALLE STREET, SUITE 1925
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** (312) 857-2160

**MAIL ADDRESS:**
- **STREET 1:** 10 SOUTH LASALLE STREET, SUITE 1925
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** North Square Investments Trust
- **DATE OF NAME CHANGE:** 20180821

## Series and Classes Contracts Data

### North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (Series ID: S000089356)

| Class ID   | Class Name                                                           | Ticker Symbol   |
|:---|:---|:---|
| C000255877 | North Square RCIM Tax-Advantaged Preferred and Income Securities ETF | QTPI            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Exchange Place Advisors Trust

- **b. Investment Company Act file number:** 811-23373

- **c. CIK number of Registrant:** 0001750821

- **d. LEI of Registrant:** 549300K2CKCXH4E67T58

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

  - **Street Address 1:** 200 West Madison St

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-857-2160

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

- **a. Name of Series:** North Square RCIM Tax-Advantaged Preferred and

- **b. EDGAR series identifier (if any):** S000089356

- **c. LEI of Series:** 529900XW3LRPGEW37A16

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

- **a. Date of fiscal year-end:** 2025-05-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $12463856.61

**Total Liabilities:** $459808.64

**Net Assets:** $12004047.97

**Cash Not Reported:** $427853.03

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 292.66748476 | **1-Year:** 487.31032646 | **5-Year:** 1251.67388839 | **10-Year:** 175.33291848 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 111.90115759 | **1-Year:** 126.04213345 | **5-Year:** 299.73775483 | **10-Year:** 173.55591399 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255877 | -0.27%               | -0.27%               | 1.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-83330.49                                 |
| Month 2  | $-24149.93               | $-58367.43                                 |
| Month 3  | $-2312.88                | $128924.95                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| KeyCorp                                  | KeyCorporation                                                        | CUSIP: 493267843<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |     12500 | NS      | $310000.00    | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                      | Synchrony Financial                                                   | CUSIP: 87165B400<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               | CORP              | US        |      8500 | NS      | $212160.00    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| NatWest Group PLC                        | NatWest Group plc 8.125%, Fixed until 5/10/2034                       | CUSIP: 639057AQ1<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $211807.73    | 1.76%             | N/A             | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                   | Truist Financial Corporation 6.669%, Fixed until 9/1/2029             | CUSIP: 89832QAD1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298825.47    | 2.49%             | N/A             | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Banco Santander, S.A.                    | Banco Santander S.A. 9.625% Fixed until 5/21/29                       | CUSIP: 05971KAP4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $220642.29    | 1.84%             | N/A             | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Vistra Corp                              | Vistra Corporation 8.875%, Fixed until 1/15/2029                      | CUSIP: 92840MAD4<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    300000 | PA      | $322990.20    | 2.69%             | N/A             | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Capital One Financial Corp.              | Capital One Financial Corporation Series I                            | CUSIP: 14040H824<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |     16250 | NS      | $304687.50    | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                | Goldman Sachs Group, Inc. (The) 7.5%, Fixed until 8/18/2028           | CUSIP: 38141GA38<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    350000 | PA      | $366954.35    | 3.06%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| First Horizon Corporation                | First Horizon Corporation                                             | CUSIP: 320517501<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EP               | CORP              | US        |       500 | NS      | $12720.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                           | Citigroup, Inc. 7.625%, Fixed until 11/15/28                          | CUSIP: 172967PE5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    350000 | PA      | $366085.65    | 3.05%             | N/A             | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| UMB Financial Corp.                      | UMB Financial Corporation                                             | CUSIP: 902788405<br>LEI: 549300MGEH3N3CUCV828 | Long             | EP               | CORP              | US        |      7950 | NS      | $200896.50    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc.        | PNC Financial Services Group, Inc. (The) 6.25%, Fixed until 3/15/2030 | CUSIP: 693475BP9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    350000 | PA      | $352294.06    | 2.93%             | N/A             | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA       | Banco Bilbao Vizcaya Argentaria S.A. 9.375%, Fixed until 09/19/2029   | CUSIP: 05946KAM3<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $220012.20    | 1.83%             | N/A             | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                             | UBS Group A.G. 9.25%, Fixed until 11/13/2028                          | CUSIP: 902613BF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $218257.60    | 1.82%             | N/A             | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Bank of Montreal                         | Bank of Montreal 7.7%, Fixed until 5/26/2029                          | CUSIP: 06368LQ58<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $310168.20    | 2.58%             | 2084-05-26      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                        | Wells Fargo & Company 7.625%, Fixed until 9/15/2028                   | CUSIP: 95002YAA1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    350000 | PA      | $373699.90    | 3.11%             | N/A             | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                | Toronto-Dominion Bank (The) 8.125%, Fixed until 10/31/2027            | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $209968.60    | 1.75%             | 2082-10-31      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc.                      | Ally Financial, Inc. 4.7%, Until 05/15/2026, Due 08/15/2169           | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    300000 | PA      | $283820.82    | 2.36%             | N/A             | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                    | Bank of America Corporation Variable Rate, Due 12/29/2049             | CUSIP: 060505EU4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    350000 | PA      | $353621.80    | 2.95%             | N/A             | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| The Charles Schwab Corporation           | Charles Schwab Corporation (The)                                      | CUSIP: 808513600<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |      9000 | NS      | $220140.00    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                 | AT&T, Inc. Series A                                                   | CUSIP: 00206R508<br>LEI: 549300Z40J86GGSTL398 | Long             | EP               | CORP              | US        |      9000 | NS      | $179460.00    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc             | Citizens Financial Group, Inc. 5.65%, Fixed until 10/6/2025           | CUSIP: 174610AU9<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350044.52    | 2.92%             | N/A             | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                      | Fifth Third Bancorp Variable Rate, Due 09/30/2168                     | CUSIP: 316773DB3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298619.31    | 2.49%             | N/A             | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Incorporated       | Huntington Bancshares Inc                                             | CUSIP: 446150773<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               | CORP              | US        |     15000 | NS      | $371400.00    | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Electricite de France SA                 | Electricite de France S.A. 9.125%, Fixed until 06/15/2033             | CUSIP: 28504KAA5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $226225.60    | 1.88%             | N/A             | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| State Street Corp.                       | State Street Corporation 6.7%, Fixed until 3/15/2029                  | CUSIP: 857477CH4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    300000 | PA      | $306591.60    | 2.55%             | N/A             | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                     | Royal Bank of Canada 7.5%, Fixed until 5/2/2029                       | CUSIP: 780082AR4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $208186.60    | 1.73%             | 2084-05-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corporation                     | M&T Bank Corporation                                                  | CUSIP: 55261F864<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |     12250 | NS      | $318255.00    | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corporation                    | Air Lease Corporation 6%,Fixed Until 12/15/2029                       | CUSIP: 00912XBQ6<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    300000 | PA      | $291820.47    | 2.43%             | N/A             | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                            | US Bancorp Variable Rate, Due 12/29/2049                              | CUSIP: 902973AZ9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    350000 | PA      | $347853.80    | 2.90%             | N/A             | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| The Allstate Corporation                 | Allstate Corporation (The)                                            | CUSIP: 020002788<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |      7750 | NS      | $205762.50    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                   | Standard Chartered plc 7.75%, Fixed until 2/15/2028                   | CUSIP: 853254CM0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $206603.40    | 1.72%             | N/A             | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.        | Bank of New York Mellon Corporation (The) 6.3% Fixed Until 03/20/2030 | CUSIP: 064058AN0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    300000 | PA      | $306820.20    | 2.56%             | N/A             | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                           | Morgan Stanley Floating Rate, Due 9/15/2170                           | CUSIP: 61745VAB9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    350000 | PA      | $354644.15    | 2.95%             | N/A             | Floating      | 7.72%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                      | Dominion Energy, Inc. 4.35%, Fixed until 04/15/2027                   | CUSIP: 25746UDM8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    300000 | PA      | $293918.04    | 2.45%             | N/A             | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                        | HSBC Holdings plc 7.05%, Fixed Until 12/05/2030                       | CUSIP: 404280FA2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200315.68    | 1.67%             | N/A             | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| First Citizens BancShares Inc (Delaware) | First Citizens BancShares, Inc. 5.8% Until 6/15/2022                  | CUSIP: 31959XAA1<br>LEI: 549300N3Z00ZHE2XC526 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204531.80    | 1.70%             | N/A             | Floating      | 8.53%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company  Inc    | General Motors Financial Company, Inc. 6.5%, Fixed until 9/30/2028    | CUSIP: 37045XCM6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    300000 | PA      | $292711.20    | 2.44%             | N/A             | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                     | JPMorgan Chase & Company 6.875%, Fixed until 6/1/2029                 | CUSIP: 48128BAQ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    350000 | PA      | $365526.00    | 3.05%             | N/A             | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TransCanada Trust                        | Transcanada Trust Variable Rate, Due 03/15/2077                       | CUSIP: 89356BAC2<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $292510.44    | 2.44%             | 2077-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                   | BP Capital Markets plc 6.45%, Fixed until 3/1/2034                    | CUSIP: 05565QDW5<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $352998.10    | 2.94%             | N/A             | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.              | Capital One Financial Corporation 6.125%, Due  12/29/2049             | CUSIP: 14040HDL6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    350000 | PA      | $351633.16    | 2.93%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                 | Lloyds Banking Group plc 8%, Fixed until 09/27/2029                   | CUSIP: 53944YAV5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $210714.00    | 1.76%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-31

**Name of Applicant:** North Square Investments Trust

**Signature:** Zachary Richmond

**Name of Signer:** Zachary Richmond

**Title:** Treasurer