# EDGAR Filing Document

**Accession Number:** 0001556505
**File Stem:** 0000910472-25-003017
**Filing Date:** 2025-11
**Character Count:** 10826
**Document Hash:** 2e9a28946353c7f7f21a7e2a8b175baa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-003017.hdr.sgml**: 20251110

**ACCESSION NUMBER**: 0000910472-25-003017

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251110

**DATE AS OF CHANGE**: 20251110

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisors Preferred Trust
- **CENTRAL INDEX KEY:** 0001556505

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22756
- **FILM NUMBER:** 251464738

**BUSINESS ADDRESS:**
- **STREET 1:** 1445 RESEARCH BOULEVARD
- **STREET 2:** SUITE 530
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 2402231998

**MAIL ADDRESS:**
- **STREET 1:** 1445 RESEARCH BOULEVARD
- **STREET 2:** SUITE 530
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

## Series and Classes Contracts Data

### The Gold Bullion Strategy Portfolio (Series ID: S000041687)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000129443 | The Gold Bullion Strategy Portfolio |  |

## Nport-Ex

---

| | | | | |
|:---|:---|:---|:---|:---|
| **THE GOLD BULLION STRATEGY PORTFOLIO** | **THE GOLD BULLION STRATEGY PORTFOLIO** | **THE GOLD BULLION STRATEGY PORTFOLIO** | **THE GOLD BULLION STRATEGY PORTFOLIO** | **THE GOLD BULLION STRATEGY PORTFOLIO** |
| **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** | | | | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 40.9%** | | | |
|  | **COMMODITY - 0.9%** | | | |
| 1261 | SPDR Gold Shares<sup>(a),(b)</sup> |  |  | &nbsp;&nbsp;&nbsp; $448197 |
|  | **FIXED INCOME - 40.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97570 | iShares 0-3 Month Treasury Bond ETF<sup>(e)</sup> |  |  | &nbsp;&nbsp;&nbsp; 9825299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107090 | SPDR Bloomberg 1-3 Month T-Bill ETF |  |  | &nbsp;&nbsp;&nbsp; 9825508 |
|  |  |  |  | &nbsp;&nbsp; 19650807 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $20,061,943)** |  |  | 20099004 |
|  | **SHORT-TERM INVESTMENTS — 52.0%** |  |  |  |
|  | **MONEY MARKET FUNDS - 52.0%** |  |  |  |
| 5118100 | DWS Government Money Market Series Institutional Class, 4.08%<sup>(c)</sup> |  |  | &nbsp;&nbsp;&nbsp; 5118100 |
| 5118100 | Fidelity Government Portfolio Class I, 4.03%<sup>(c)</sup> |  |  | &nbsp;&nbsp;&nbsp; 5118100 |
| 5118100 | First American Government Obligations Fund Class Z, 4.00%<sup>(c)</sup> |  |  | &nbsp;&nbsp;&nbsp; 5118100 |
| 5070932 | First American Government Obligations Fund Class Z, 4.00%<sup>(b), (c)</sup> |  |  | &nbsp;&nbsp;&nbsp; 5070932 |
| 5118100 | Invesco Treasury Portfolio Institutional Class, 3.98%<sup>(c)</sup> |  |  | &nbsp;&nbsp;&nbsp; 5118100 |
|  | **TOTAL MONEY MARKET FUND (Cost $25,543,332)** |  |  | &nbsp;&nbsp;&nbsp;25543332 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $25,543,332)** |  |  | &nbsp;&nbsp;&nbsp;25543332 |
| **Units** | **COLLATERAL FOR SECURITIES LOANED - 19.4%** |  |  |  |
| 9535200 | Mount Vernon Liquid Assets Portfolio, LLC, , 4.27% <sup>(c) (d)</sup> | Mount Vernon Liquid Assets Portfolio, LLC, , 4.27% <sup>(c) (d)</sup> |  | 9535200 |
|  | **TOTAL COLLATERAL FOR SECURITIES LENDING (Cost $9,535,200)** | **TOTAL COLLATERAL FOR SECURITIES LENDING (Cost $9,535,200)** |  |  |
|  | **TOTAL INVESTMENTS - 112.3% (Cost $55,140,475)** | **TOTAL INVESTMENTS - 112.3% (Cost $55,140,475)** |  | $55177536 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - (12.3)%** | **LIABILITIES IN EXCESS OF OTHER ASSETS - (12.3)%** |  | (6061258) |
|  | **NET ASSETS - 100.0%** | **NET ASSETS - 100.0%** |  | $49116278 |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** |  |  |  |
| **Number of Contracts** | **Open Long Futures Contracts** | **Expiration** | **Notional Amount** | **Unrealized Appreciation** |
| 126 | COMEX Gold 100 Troy Ounces Futures<sup>(b)</sup> | 12/30/2025 | &nbsp;&nbsp;&nbsp; $48974940 | &nbsp;&nbsp;&nbsp; $6047580 |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  |  |

---

---

| | |
|:---|:---|
| ETF | - Exchange-Traded Fund |
| LLC | - Limited Liability Company |
| SPDR | - Standard & Poor's Depositary Receipt |

---

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> All or a portion of this investment is a holding of the GBSP Fund Ltd.

<sup>(c)</sup> Rate disclosed is the seven-day effective yield as of September 30, 2025.

<sup>(d)</sup> Security purchased with cash proceeds of securities lending collateral.

<sup>(e)</sup> All or a portion of the security is on loan. Total loaned securities had a value of $9,344,960 at September 30, 2025.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Advisors Preferred Trust

- **b. Investment Company Act file number:** 811-22756

- **c. CIK number of Registrant:** 0001556505

- **d. LEI of Registrant:** 549300VBL7C31PY2VZ37

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

  - **Street Address 1:** 1445 RESEARCH BOULEVARD

  - **City:** ROCKVILLE

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20850

  - **Telephone number:** 240-223-1998

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

- **a. Name of Series:** The Gold Bullion Strategy Portfolio

- **b. EDGAR series identifier (if any):** S000041687

- **c. LEI of Series:** 549300LHURNPVEBIS305

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $52077399.46

**Total Liabilities:** $2961120.98

**Net Assets:** $49116278.48

**Amount of Assets Invested in Other Investment Companies:** $9151767.71

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000129443 | -0.76%               | 5.38%                | 10.84%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1266.19                 | $3738.29                                   |
| Month 2  | $3498.86                 | $20773.14                                  |
| Month 3  | $2948914.01              | $-9529.79                                  |

**Designated Index Information**

- **Index Name:** SPDR Gold Shares ETF (GLD)

- **Index Identifier:** SPDR GOLD SHARES ETF (GLD)

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Fidelity Colchester Street Trust | FID-MM GOVT-I                        | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |   5118100 | PA      | $5118100.14   | 10.42%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                              | MOUNT VERNON LIQUID ASSETS PORTFOLIO | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| COMMODITIES EXCHANGE CENTER      | GOLD 100 OZ FUTR  Dec25              | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Long             | DCO              | CORP              | US        |       126 | NC      | $6047579.99   | 12.31%            |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                    | ISHARES 0-3M T/B                     | CUSIP: 46436E718<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     97570 | NS      | $9825299.00   | 20.00%            |  |  |  | No            | 1                  | On Loan: —       |
| Deutsche Dws Money Market Tr     | DWS-GVT MM-INS                       | CUSIP: 25160K207<br>LEI: 549300LJHPNV587EFB75 | Long             | STIV             | RF                | US        |   5118100 | PA      | $5118100.16   | 10.42%            |  |  |  | No            | 1                  | On Loan: No      |
| First American Funds Inc.        | FRST AM-GV OB-Z                      | CUSIP: 31846V567<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |  10189032 | PA      | $10189031.67  | 20.74%            |  |  |  | No            | 1                  | On Loan: No      |
| SPDR Series Trust                | SPDR BLOOMBERG 1                     | CUSIP: 78468R663<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |    107090 | NS      | $9825507.50   | 20.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Spdr Gold Trust                  | SPDR GOLD SHARES                     | CUSIP: 78463V107<br>LEI: N/A                  | Long             | EC               | RF                | US        |      1261 | NS      | $448197.23    | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Short-Term Invts T               | INV-TRSRY-INS                        | CUSIP: 825252406<br>LEI: 549300UJV6OHYATSFU27 | Long             | STIV             | RF                | US        |   5118100 | PA      | $5118100.14   | 10.42%            |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** Advisors Preferred Trust

**Signature:** Christine Casares

**Name of Signer:** Christine Casares

**Title:** Treasurer