# EDGAR Filing Document

**Accession Number:** 0000799195
**File Stem:** 0001049169-25-000117
**Filing Date:** 2025-8
**Character Count:** 53866
**Document Hash:** 971cfc93993907dc7ecb13fe20a1e127
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-25-000117.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001049169-25-000117

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LIBERTY ALL STAR EQUITY FUND
- **CENTRAL INDEX KEY:** 0000799195

**ORGANIZATION NAME:**
- **EIN:** 042935840
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04809
- **FILM NUMBER:** 251261374

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ALPS FUND SERVICES, INC.
- **STREET 2:** P.O. BOX 328
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80201-0328
- **BUSINESS PHONE:** 303.623.2577

**MAIL ADDRESS:**
- **STREET 1:** C/O ALPS FUND SERVICES, INC.
- **STREET 2:** P.O. BOX 328
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80201-0328

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** LIBERTY ALL STAR EQUITY FUND

- **b. Investment Company Act file number:** 811-04809

- **c. CIK number of Registrant:** 0000799195

- **d. LEI of Registrant:** 549300DLV755RNHI1N92

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

  - **Street Address 1:** 1290 BROADWAY SUITE 1000

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80203

  - **Telephone number:** 3036232577

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

- **a. Name of Series:** Liberty All-Star Equity Fund

- **c. LEI of Series:** 549300DLV755RNHI1N92

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $2073948844.16

**Total Liabilities:** $1627310.38

**Net Assets:** $2072321533.78

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.46%               | 3.92%                | 2.87%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7653559.96              | $-34108676.18                              |
| Month 2  | $10587747.51             | $89083398.99                               |
| Month 3  | $15400740.13             | $64826350.80                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Wells Fargo & Co                                           | Wells Fargo & Co.                                          | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    269414 | NS      | $21585449.68  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                                                 | Humana, Inc.                                               | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     77649 | NS      | $18983627.52  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc/mo                                 | Commerce Bancshares, Inc.                                  | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74025 | NS      | $4602134.25   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc                                            | Yum! Brands, Inc.                                          | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |    109600 | NS      | $16240528.00  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-hannifin Corp                                       | Parker-Hannifin Corp.                                      | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     27800 | NS      | $19417466.00  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Nvidia Corp                                                | NVIDIA Corp.                                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    560284 | NS      | $88519269.16  | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                                      | Costco Wholesale Corp.                                     | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     13678 | NS      | $13540399.32  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                               | Alphabet, Inc.                                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     74572 | NS      | $13141823.56  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                                 | Capital One Financial Corp.                                | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    215367 | NS      | $45821482.92  | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| O'reilly Automotive Inc                                    | O'Reilly Automotive, Inc.                                  | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |    169065 | NS      | $15237828.45  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc                                     | Tyler Technologies, Inc.                                   | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |     16568 | NS      | $9822173.12   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Lifestyle Properties Inc                            | Equity LifeStyle Properties, Inc.                          | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |     92200 | NS      | $5685974.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                                | Netflix, Inc.                                              | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      8193 | NS      | $10971492.09  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp                                        | Carrier Global Corp.                                       | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |    249160 | NS      | $18236020.40  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc                                        | Delta Air Lines, Inc.                                      | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |    174364 | NS      | $8575221.52   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp                                        | Avery Dennison Corp.                                       | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |     87846 | NS      | $15414337.62  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                                              | Citigroup, Inc.                                            | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    233968 | NS      | $19915356.16  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Cooper Cos Inc/the                                         | Cooper Cos., Inc.                                          | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |    140175 | NS      | $9974853.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                                        | Global Payments, Inc.                                      | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |    181644 | NS      | $14538785.76  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp                                               | Oshkosh Corp.                                              | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     51100 | NS      | $5801894.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                                 | Pfizer, Inc.                                               | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    367153 | NS      | $8899788.72   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City Ltd                           | Canadian Pacific Kansas City, Ltd.                         | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    204468 | NS      | $16208178.36  | 0.78%             |  |  |  | No            |                  1 | On Loan: —       |
| Aon Plc                                                    | Aon PLC                                                    | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |     43765 | NS      | $15613601.40  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/s                                           | Novo Nordisk A/S                                           | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |    182757 | NS      | $12613888.14  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                                 | Intuit, Inc.                                               | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     26445 | NS      | $20828875.35  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc                                 | Charter Communications, Inc.                               | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |     30763 | NS      | $12576222.03  | 0.61%             |  |  |  | No            |                  1 | On Loan: —       |
| Metlife Inc                                                | MetLife, Inc.                                              | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    172133 | NS      | $13842935.86  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc                                                | Gartner, Inc.                                              | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |     46143 | NS      | $18651923.46  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                                        | American Express Co.                                       | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     33718 | NS      | $10755367.64  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                                   | Ferguson Enterprises, Inc.                                 | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |    118405 | NS      | $25782688.75  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                                            | Xcel Energy, Inc.                                          | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    118000 | NS      | $8035800.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                                 | Verizon Communications, Inc.                               | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    199100 | NS      | $8615057.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp                                      | General Dynamics Corp.                                     | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     28000 | NS      | $8166480.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc                                   | Microchip Technology, Inc.                                 | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    123800 | NS      | $8711806.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                                  | Teledyne Technologies, Inc.                                | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |     17200 | NS      | $8811732.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc                                | American Water Works Co., Inc.                             | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     59900 | NS      | $8332689.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                                             | Lowe's Cos., Inc.                                          | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     34000 | NS      | $7543580.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc                                   | Constellation Brands, Inc.                                 | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     26700 | NS      | $4343556.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                                 | Chipotle Mexican Grill, Inc.                               | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    231246 | NS      | $12984462.90  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                                     | Palo Alto Networks, Inc.                                   | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     51649 | NS      | $10569451.36  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                             | Amazon.com, Inc.                                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    262895 | NS      | $57676534.05  | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Pnc Financial Services Group Inc/the                       | PNC Financial Services Group, Inc.                         | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     43800 | NS      | $8165196.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp                        | Cognizant Technology Solutions Corp.                       | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    180764 | NS      | $14105014.92  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                             | Microsoft Corp.                                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    192017 | NS      | $95511175.97  | 4.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                                  | Amgen, Inc.                                                | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     32000 | NS      | $8934720.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products And Chemicals Inc                             | Air Products & Chemicals, Inc.                             | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     29336 | NS      | $8274512.16   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp                                          | Atmos Energy Corp.                                         | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     69400 | NS      | $10695234.00  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                                             | Blackstone Group LP                                        | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     54700 | NS      | $8182026.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Asml Holding Nv                                            | ASML Holding N.V.                                          | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     11388 | NS      | $9126229.32   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/the                                    | Charles Schwab Corp.                                       | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    310451 | NS      | $28325549.24  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Pvh Corp                                                   | PVH Corp.                                                  | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |     56548 | NS      | $3879192.80   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Progressive Corp/the                                       | Progressive Corp.                                          | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     57847 | NS      | $15437050.42  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                                                    | Aramark                                                    | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |    509736 | NS      | $21342646.32  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods Inc                                            | Tyson Foods, Inc.                                          | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |    172180 | NS      | $9631749.20   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc                           | American International Group, Inc.                         | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    112700 | NS      | $9645993.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever Plc                                               | Unilever PLC                                               | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    235744 | NS      | $14420460.48  | 0.70%             |  |  |  | No            |                  1 | On Loan: —       |
| Synopsys Inc                                               | Synopsys, Inc.                                             | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     48565 | NS      | $24898304.20  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                                                    | Dow, Inc.                                                  | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |    355607 | NS      | $9416473.36   | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Cdw Corp/de                                                | CDW Corp.                                                  | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     49050 | NS      | $8759839.50   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Te Connectivity Ltd                                        | TE Connectivity Ltd.                                       | CUSIP: G87052109<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |     51086 | NS      | $8616675.62   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Philips Nv                                     | Koninklijke Philips NV                                     | CUSIP: 500472303<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | EC               | CORP              | NL        |    533026 | NS      | $12781963.49  | 0.62%             |  |  |  | No            |                  1 | On Loan: —       |
| Us Bancorp                                                 | U.S. Bancorp                                               | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    200300 | NS      | $9063575.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International Inc                                   | Baxter International, Inc.                                 | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |    674825 | NS      | $20433701.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Carmax Inc                                                 | CarMax, Inc.                                               | CUSIP: 143130102<br>LEI: 529900F60CID3NCZM330 | Long             | EC               | CORP              | US        |    204267 | NS      | $13728785.07  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corp                                                  | Lear Corp.                                                 | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |    134405 | NS      | $12765786.90  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Ufj Financial Group Inc                         | Mitsubishi UFJ Financial Group, Inc.                       | CUSIP: 606822104<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |    616600 | NS      | $8459752.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| Coterra Energy Inc                                         | Coterra Energy, Inc.                                       | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    302400 | NS      | $7674912.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                               | Alphabet, Inc.                                             | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    251053 | NS      | $44534291.67  | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp                                        | Dollar General Corp.                                       | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |    163638 | NS      | $18716914.44  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                               | Danaher Corp.                                              | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    100971 | NS      | $19945811.34  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                                                | Lennar Corp.                                               | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     83500 | NS      | $9235935.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional Us Government Money Market Fund | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  38885120 | NS      | $38885119.90  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                                            | Sony Group Corp.                                           | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |   1044555 | NS      | $27189766.65  | 1.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Shell Plc                                                  | Shell PLC                                                  | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    145792 | NS      | $10265214.72  | 0.50%             |  |  |  | No            |                  1 | On Loan: —       |
| Ansys Inc                                                  | ANSYS, Inc.                                                | CUSIP: 03662Q105<br>LEI: 549300VJV8H15Z5FJ571 | Long             | EC               | CORP              | US        |      2897 | NS      | $1017484.34   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International Inc                                    | Magna International, Inc.                                  | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |    338513 | NS      | $13069986.93  | 0.63%             |  |  |  | No            |                  1 | On Loan: —       |
| Cvs Health Corp                                            | CVS Health Corp.                                           | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    387600 | NS      | $26736648.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc                              | Martin Marietta Materials, Inc.                            | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |     20400 | NS      | $11198784.00  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                                     | Equitable Holdings, Inc.                                   | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |    116546 | NS      | $6538230.60   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Ltd                                               | Broadcom Inc.                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     69604 | NS      | $19186342.60  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Totalenergies Se                                           | TotalEnergies SE                                           | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    126800 | NS      | $7784252.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Intuitive Surgical Inc                                     | Intuitive Surgical, Inc.                                   | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     20596 | NS      | $11192072.36  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                                     | Berkshire Hathaway, Inc.                                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     31780 | NS      | $15437770.60  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                                   | Visa, Inc.                                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    102887 | NS      | $36530029.35  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                                  | Apple, Inc.                                                | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     48764 | NS      | $10004909.88  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic Plc                                              | Medtronic PLC                                              | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    197786 | NS      | $17241005.62  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                                            | Dollar Tree, Inc.                                          | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |     95685 | NS      | $9476642.40   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Of America Corp                                       | Bank of America Corp.                                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    282564 | NS      | $13370928.48  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitedhealth Group Inc                                     | UnitedHealth Group, Inc.                                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     64085 | NS      | $19992597.45  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Rpm International Inc                                      | RPM International, Inc.                                    | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |     76400 | NS      | $8391776.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/frost Bankers Inc                                   | Cullen/Frost Bankers, Inc.                                 | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |     50900 | NS      | $6542686.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                                       | Booking Holdings, Inc.                                     | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      4293 | NS      | $24853207.32  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ubs Group Ag                                               | UBS Group AG                                               | CUSIP: H42097107<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |    242844 | NS      | $8212984.08   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                             | Salesforce, Inc.                                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     45824 | NS      | $12495746.56  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                                   | Crowdstrike Holdings, Inc.                                 | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     26140 | NS      | $13313363.40  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd                                                 | Amdocs, Ltd.                                               | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |    132812 | NS      | $12117766.88  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                                                 | Zoetis, Inc.                                               | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     37853 | NS      | $5903175.35   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                                  | Adobe, Inc.                                                | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     32863 | NS      | $12714037.44  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Nov Inc                                                    | NOV, Inc.                                                  | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |    441864 | NS      | $5492369.52   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co                                      | Becton Dickinson & Co.                                     | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     64628 | NS      | $11132173.00  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                                      | Uber Technologies, Inc.                                    | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    108303 | NS      | $10104669.90  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Newell Brands Inc                                          | Newell Brands, Inc.                                        | CUSIP: 651229106<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | EC               | CORP              | US        |    783352 | NS      | $4230100.80   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                                         | Voya Financial, Inc.                                       | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |    110585 | NS      | $7851535.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-myers Squibb Co                                    | Bristol-Myers Squibb Co.                                   | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    246566 | NS      | $11413540.14  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                             | Mastercard, Inc.                                           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     25089 | NS      | $14098512.66  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                                                 | Masco Corp.                                                | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |    214129 | NS      | $13781342.44  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius Medical Care Ag                                  | Fresenius Medical Care AG                                  | CUSIP: 358029106<br>LEI: 549300CP8NY40UP89Q40 | Long             | EC               | CORP              | DE        |   1139792 | NS      | $32563857.44  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                                                 | Dexcom, Inc.                                               | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     74009 | NS      | $6460245.61   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                                           | Carlisle Cos., Inc.                                        | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |     19673 | NS      | $7345898.20   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Nv                                            | Schlumberger NV                                            | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    213488 | NS      | $7215894.40   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcon Ag                                                   | Alcon AG                                                   | CUSIP: H01301128<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |     93800 | NS      | $8280664.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Blackrock Inc                                              | BlackRock, Inc.                                            | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      6007 | NS      | $6302844.75   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                                       | Waste Management, Inc.                                     | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     86159 | NS      | $19714902.38  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/the                                         | Trade Desk, Inc.                                           | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     73555 | NS      | $5295224.45   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                                        | General Electric Co.                                       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     37529 | NS      | $9659589.31   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                                | Workday, Inc.                                              | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     32122 | NS      | $7709280.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                                                 | Ecolab, Inc.                                               | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     67585 | NS      | $18210102.40  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc                                                | Shopify, Inc.                                              | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     89957 | NS      | $10376539.95  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Arm Holdings Plc                                           | ARM Holdings PLC                                           | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Long             | EC               | CORP              | GB        |     61514 | NS      | $9949274.36   | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Skyworks Solutions Inc                                     | Skyworks Solutions, Inc.                                   | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |    170745 | NS      | $12723917.40  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                                             | ServiceNow, Inc.                                           | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     36766 | NS      | $37798389.28  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                         | Meta Platforms, Inc.                                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     61801 | NS      | $45614700.09  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Csx Corp                                                   | CSX Corp.                                                  | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    428535 | NS      | $13983097.05  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| S&p Global Inc                                             | S&P Global, Inc.                                           | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     51859 | NS      | $27344732.11  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc                                   | Corebridge Financial, Inc.                                 | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |    391221 | NS      | $13888345.50  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp                                     | Boston Scientific Corp.                                    | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     99878 | NS      | $10727895.98  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc                                 | Cadence Design Systems, Inc.                               | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     29104 | NS      | $8968397.60   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                                             | Merck & Co., Inc.                                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     76500 | NS      | $6055740.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-cola Co/the                                           | Coca-Cola Co.                                              | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    124600 | NS      | $8815450.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualcomm Inc                                               | QUALCOMM, Inc.                                             | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     63800 | NS      | $10160788.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                                   | Ameriprise Financial, Inc.                                 | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     23334 | NS      | $12454055.82  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/the                                    | Procter & Gamble Co.                                       | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     48400 | NS      | $7711088.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                                | Corteva, Inc.                                              | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    199600 | NS      | $14876188.00  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                        | State Street Navigator Securities lending Prime Portfolio  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                                                 | SYSCO Corp.                                                | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |    169234 | NS      | $12817783.16  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                                      | Waste Connections, Inc.                                    | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |     41392 | NS      | $7728714.24   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc                                      | Quest Diagnostics, Inc.                                    | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     84159 | NS      | $15117481.17  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion Plc                                               | Allegion PLC                                               | CUSIP: G0176J109<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |     57313 | NS      | $8259949.56   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** LIBERTY ALL STAR EQUITY FUND

**Signature:** Erich Rettinger

**Name of Signer:** Erich Rettinger

**Title:** Treasurer