# EDGAR Filing Document

**Accession Number:** 0001969674
**File Stem:** 0000940400-26-007494
**Filing Date:** 2026-2
**Character Count:** 40473
**Document Hash:** 09597fe6d5f2e5b89fb4bfa4a0f7adb3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-007494.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0000940400-26-007494

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 2023 ETF Series Trust
- **CENTRAL INDEX KEY:** 0001969674

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23883
- **FILM NUMBER:** 26675521

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET
- **STREET 2:** SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **BUSINESS PHONE:** (833) 782-2211

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET
- **STREET 2:** SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI

## Series and Classes Contracts Data

### Transamerica Large Value Active ETF (Series ID: S000097852)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000267357 | Transamerica Large Value Active ETF |  |

## Nport-Ex

#### Transamerica

#### Large

#### Value

#### Active

#### ETF

#### Schedule

#### of

#### Investments
December

31,

2025

(Unaudited)

#### Shares

#### Value

#### Common

#### Stocks

#### —

#### 94.4%

#### Aerospace/Defense

#### —

#### 3.4%
Boeing

Co.

(The)

(a) ..........................................................................................

$

56,451

RTX

Corp.

..................................................................................................

620

113,708

Total

Aerospace/Defense

170,159

#### Airlines

#### —

#### 1.5%
Delta

Air

Lines,

Inc.

.........................................................................................

1,060

73,564

#### Auto

#### Manufacturers

#### —

#### 1.3%
General

Motors

Co.

.........................................................................................

780

63,430

#### Banks

#### —

#### 11.4%
Bank

of

America

Corp.

......................................................................................

1,940

106,700

Goldman

Sachs

Group,

Inc.

(The)

..........................................................................

87,900

JPMorgan

Chase

&

Co.

.....................................................................................

660

212,665

State

Street

Corp.

..........................................................................................

30,963

Truist

Financial

Corp.

.......................................................................................

19,684

Wells

Fargo

&

Co.

..........................................................................................

1,220

113,704

Total

Banks

571,616

#### Beverages

#### —

#### 1.3%
PepsiCo,

Inc.

...............................................................................................

66,019

#### Biotechnology

#### —

#### 2.4%
Amgen,

Inc.

................................................................................................

45,823

Gilead

Sciences,

Inc.

.......................................................................................

620

76,099

Total

Biotechnology

121,922

#### Building

#### Materials

#### —

#### 2.8%
Carrier

Global

Corp.

........................................................................................

840

44,386

Martin

Marietta

Materials,

Inc.

...............................................................................

62,266

Owens

Corning

.............................................................................................

33,573

Total

Building

Materials

140,225

#### Chemicals

#### —

#### 2.8%
DuPont

de

Nemours,

Inc.

...................................................................................

560

22,512

Linde

PLC

..................................................................................................

95,938

Qnity

Electronics,

Inc.

......................................................................................

24,495

Total

Chemicals

142,945

#### Commercial

#### Services

#### —

#### 2.8%
PayPal

Holdings,

Inc.

.......................................................................................

19,499

Quanta

Services,

Inc.

.......................................................................................

67,529

S&P

Global,

Inc.

............................................................................................

52,259

Total

Commercial

Services

139,287

#### Transamerica

#### Large

#### Value

#### Active

#### ETF

#### Schedule

#### of

#### Investments
(Continued)

December

31,

2025

(Unaudited)

#### Shares

#### Value

#### Common

#### Stocks
(continued)

#### Cosmetics/Personal

#### Care

#### —

#### 1.0%
Procter

&

Gamble

Co.

(The)

................................................................................

$

48,725

#### Diversified

#### Financial

#### Services

#### —

#### 4.5%
American

Express

Co.

......................................................................................

66,591

Blackrock,

Inc.

..............................................................................................

85,627

Intercontinental

Exchange,

Inc.

.............................................................................

74,502

Total

Diversified

Financial

Services

226,720

#### Electric

#### —

#### 2.3%
Duke

Energy

Corp.

.........................................................................................

500

58,605

NextEra

Energy,

Inc.

........................................................................................

740

59,407

Total

Electric

118,012

#### Food

#### —

#### 1.0%
Mondelez

International,

Inc.,

Class A

........................................................................

980

52,753

#### Healthcare-Products

#### —

#### 5.1%
Abbott

Laboratories

.........................................................................................

820

102,738

Boston

Scientific

Corp.

(a) ....................................................................................

880

83,908

Thermo

Fisher

Scientific,

Inc.

...............................................................................

69,534

Total

Healthcare-Products

256,180

#### Healthcare-Services

#### —

#### 1.3%
UnitedHealth

Group,

Inc.

...................................................................................

66,022

#### Insurance

#### —

#### 5.4%
Berkshire

Hathaway,

Inc.,

Class B

(a) .........................................................................

90,477

Hartford

Insurance

Group,

Inc.

(The)

........................................................................

620

85,436

Prudential

Financial,

Inc.

....................................................................................

24,834

Travelers

Cos.,

Inc.

(The)

...................................................................................

69,614

Total

Insurance

270,361

#### Internet

#### —

#### 7.7%
Alphabet,

Inc.,

Class A

......................................................................................

580

181,540

Amazon.com,

Inc.

(a) .........................................................................................

600

138,492

Meta

Platforms,

Inc.,

Class A

...............................................................................

66,009

Total

Internet

386,041

#### Machinery-Construction

#### &

#### Mining

#### —

#### 0.8%
GE

Vernova,

Inc.

...........................................................................................

39,214

#### Machinery-Diversified

#### —

#### 2.5%
Otis

Worldwide

Corp.

.......................................................................................

660

57,651

Rockwell

Automation,

Inc.

..................................................................................

70,033

Total

Machinery-Diversified

127,684

#### Transamerica

#### Large

#### Value

#### Active

#### ETF

#### Schedule

#### of

#### Investments
(Continued)

December

31,

2025

(Unaudited)

#### Shares

#### Value

#### Common

#### Stocks
(continued)

#### Media

#### —

#### 4.0%
Comcast

Corp.,

Class A

....................................................................................

1,180

$

35,270

Fox

Corp.,

Class A

..........................................................................................

960

70,147

Walt

Disney

Co.

(The)

......................................................................................

840

95,567

Total

Media

200,984

#### Mining

#### —

#### 1.1%
Freeport-McMoRan,

Inc.

....................................................................................

1,040

52,822

#### Miscellaneous

#### Manufacturing

#### —

#### 3.1%
Parker-Hannifin

Corp.

......................................................................................

105,475

Textron,

Inc.

................................................................................................

560

48,815

Total

Miscellaneous

Manufacturing

154,290

#### Oil

#### &

#### Gas

#### —

#### 4.7%
ConocoPhillips

.............................................................................................

600

56,166

EOG

Resources,

Inc.

.......................................................................................

42,004

Expand

Energy

Corp.

.......................................................................................

35,315

Exxon

Mobil

Corp.

..........................................................................................

840

101,086

Total

Oil

&

Gas

234,571

#### Oil

#### &

#### Gas

#### Services

#### —

#### 1.1%
SLB,

Ltd.

...................................................................................................

1,420

54,500

#### Pharmaceuticals

#### —

#### 4.8%
AbbVie,

Inc.

................................................................................................

54,838

Becton

Dickinson

&

Co.

.....................................................................................

46,577

Cencora,

Inc.

...............................................................................................

60,795

Merck

&

Co.,

Inc.

...........................................................................................

760

79,997

Total

Pharmaceuticals

242,207

#### Retail

#### —

#### 3.8%
Darden

Restaurants,

Inc.

...................................................................................

47,845

Lowe's

Cos.,

Inc.

...........................................................................................

77,171

TJX

Cos.,

Inc.

(The)

........................................................................................

67,589

Total

Retail

192,605

#### Semiconductors

#### —

#### 3.7%
Broadcom,

Inc.

.............................................................................................

62,298

Micron

Technology,

Inc.

.....................................................................................

102,748

ON

Semiconductor

Corp.

(a) .................................................................................

18,411

Total

Semiconductors

183,457

#### Software

#### —

#### 1.5%
Microsoft

Corp.

.............................................................................................

58,034

Oracle

Corp.

................................................................................................

15,593

Total

Software

73,627

#### Transamerica

#### Large

#### Value

#### Active

#### ETF

#### Schedule

#### of

#### Investments
(Continued)

December

31,

2025

(Unaudited)

#### Shares

#### Value

#### Common

#### Stocks
(continued)

#### Telecommunications

#### —

#### 3.9%
Cisco

Systems,

Inc.

.........................................................................................

1,360

$

104,761

Motorola

Solutions,

Inc.

.....................................................................................

53,665

Verizon

Communications,

Inc.

..............................................................................

960

39,100

Total

Telecommunications

197,526

#### Transportation

#### —

#### 1.4%
CSX

Corp.

..................................................................................................

1,880

68,150

#### Total

#### Common

#### Stocks

#### (Cost

#### $4,694,608)

#### 4,735,618

#### Real

#### Estate

#### Investment

#### Trusts

#### —

#### 3.2%

#### REITS

#### —

#### 3.2%
American

Tower

Corp.

......................................................................................

42,137

Equity

LifeStyle

Properties,

Inc.

.............................................................................

23,031

Prologis,

Inc.

...............................................................................................

51,064

Public

Storage

..............................................................................................

41,520

#### Total

#### Real

#### Estate

#### Investment

#### Trusts

#### (Cost

#### $161,617)

#### 157,752

#### Open-End

#### Mutual

#### Funds

#### —

#### 2.4%
Dreyfus

Government

Cash

Management,

3.65%

(b) #### (Cost

#### $122,192)

#### ............................................................................................
122,192

#### 122,192

#### Total

#### Investments

#### —

#### 100.0%

#### (Cost

#### $4,978,417)

#### 5,015,562

#### Other

#### Assets

#### and

#### Liabilities,

#### Net

#### —

#### 0.0%
(c) #### 458

#### Net

#### Assets

#### —

#### 100.0%

#### $

#### 5,016,020
(a) Non-income

producing

security.

(b) Rate

disclosed

reflects

the

yield

at

December

31,

2025. (c) Percentage

rounds

to

less

than

0.01%

or

(0.01)%.

PLC

:

Public

Limited

Company

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** 2023 ETF Series Trust

- **b. Investment Company Act file number:** 811-23883

- **c. CIK number of Registrant:** 0001969674

- **d. LEI of Registrant:** 5493000L2E3DBUPMOK03

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

  - **Street Address 1:** 234 W. Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** (833)782-2211

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

- **a. Name of Series:** Transamerica Large Value Active ETF

- **b. EDGAR series identifier (if any):** S000097852

- **c. LEI of Series:** 2549001VZ3URKLT57S36

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $5017023.79

**Total Liabilities:** $1059.00

**Net Assets:** $5015964.79

**Cash Not Reported:** $314.09

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000267357 |  |  | 0.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $-225.17                 | $37144.67                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ConocoPhillips                     | ConocoPhillips                     | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |       600 | NS      | $56166.00     | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp                | Carrier Global Corp                | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |       840 | NS      | $44385.60     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                           | RTX Corp                           | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |       620 | NS      | $113708.00    | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                 | NextEra Energy Inc                 | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |       740 | NS      | $59407.20     | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/T     | Hartford Insurance Group Inc/The   | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |       620 | NS      | $85436.00     | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp              | Truist Financial Corp              | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |       400 | NS      | $19684.00     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc       | Thermo Fisher Scientific Inc       | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       120 | NS      | $69534.00     | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                      | Boeing Co/The                      | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |       260 | NS      | $56451.20     | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp             | Boston Scientific Corp             | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |       880 | NS      | $83908.00     | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp                | Otis Worldwide Corp                | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |       660 | NS      | $57651.00     | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                        | Cencora Inc                        | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |       180 | NS      | $60795.00     | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp              | ON Semiconductor Corp              | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |       340 | NS      | $18411.00     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                          | Linde PLC                          | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | US        |       225 | NS      | $95937.75     | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                 | Walt Disney Co/The                 | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |       840 | NS      | $95566.80     | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc                | Delta Air Lines Inc                | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |      1060 | NS      | $73564.00     | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc             | Berkshire Hathaway Inc             | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |       180 | NS      | $90477.00     | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc                | Quanta Services Inc                | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |       160 | NS      | $67529.60     | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc              | Micron Technology Inc              | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |       360 | NS      | $102747.60    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                   | Duke Energy Corp                   | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |       500 | NS      | $58605.00     | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                           | CSX Corp                           | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |      1880 | NS      | $68150.00     | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The        | Goldman Sachs Group Inc/The        | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       100 | NS      | $87900.00     | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                | JPMorgan Chase & Co                | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |       660 | NS      | $212665.20    | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                | Abbott Laboratories                | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |       820 | NS      | $102737.80    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc                        | Textron Inc                        | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |       560 | NS      | $48815.20     | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                     | Public Storage                     | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |       160 | NS      | $41520.00     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                      | Blackrock Inc                      | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |        80 | NS      | $85627.20     | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                | PayPal Holdings Inc                | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |       334 | NS      | $19498.92     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                        | PepsiCo Inc                        | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |       460 | NS      | $66019.20     | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                     | Microsoft Corp                     | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       120 | NS      | $58034.40     | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                     | Amazon.com Inc                     | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |       600 | NS      | $138492.00    | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc             | UnitedHealth Group Inc             | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       200 | NS      | $66022.00     | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                            | SLB Ltd                            | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |      1420 | NS      | $54499.60     | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                     | GE Vernova Inc                     | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |        60 | NS      | $39214.20     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                       | Alphabet Inc                       | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       580 | NS      | $181540.00    | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                       | Broadcom Inc                       | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |       180 | NS      | $62298.00     | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial Inc           | Prudential Financial Inc           | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |       220 | NS      | $24833.60     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties In     | Equity LifeStyle Properties Inc    | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |       380 | NS      | $23031.80     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                | Gilead Sciences Inc                | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       620 | NS      | $76098.80     | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                  | State Street Corp                  | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |       240 | NS      | $30962.40     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                  | EOG Resources Inc                  | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |       400 | NS      | $42004.00     | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                  | General Motors Co                  | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |       780 | NS      | $63429.60     | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                  | Cisco Systems Inc                  | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      1360 | NS      | $104760.80    | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                   | Wells Fargo & Co                   | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      1220 | NS      | $113704.00    | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                     | Lowe's Cos Inc                     | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       320 | NS      | $77171.20     | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                    | TJX Cos Inc/The                    | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |       440 | NS      | $67588.40     | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                          | Amgen Inc                          | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       140 | NS      | $45823.40     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The            | Procter & Gamble Co/The            | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |       340 | NS      | $48725.40     | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                           | Fox Corp                           | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |       960 | NS      | $70147.20     | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc         | Verizon Communications Inc         | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |       960 | NS      | $39100.80     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc             | Motorola Solutions Inc             | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |       140 | NS      | $53664.80     | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc            | Rockwell Automation Inc            | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |       180 | NS      | $70032.60     | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp               | Parker-Hannifin Corp               | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       120 | NS      | $105475.20    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                       | Comcast Corp                       | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      1180 | NS      | $35270.20     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                 | Expand Energy Corp                 | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |       320 | NS      | $35315.20     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                | American Express Co                | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |       180 | NS      | $66591.00     | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp               | Bank of America Corp               | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      1940 | NS      | $106700.00    | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                      | Owens Corning                      | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |       300 | NS      | $33573.00     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc         | Mondelez International Inc         | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |       980 | NS      | $52753.40     | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc      | Intercontinental Exchange Inc      | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |       460 | NS      | $74501.60     | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                 | Meta Platforms Inc                 | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       100 | NS      | $66009.00     | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co              | Becton Dickinson & Co              | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |       240 | NS      | $46576.80     | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The              | Travelers Cos Inc/The              | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |       240 | NS      | $69614.40     | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc      | Martin Marietta Materials Inc      | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |       100 | NS      | $62266.00     | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                   | Exxon Mobil Corp                   | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |       840 | NS      | $101085.60    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                     | S&P Global Inc                     | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       100 | NS      | $52259.00     | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DuPont de Nemours Inc              | DuPont de Nemours Inc              | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |       560 | NS      | $22512.00     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management | Dreyfus Government Cash Management | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |    122192 | NS      | $122192.12    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                | American Tower Corp                | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |       240 | NS      | $42136.80     | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                         | AbbVie Inc                         | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       240 | NS      | $54837.60     | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                       | Prologis Inc                       | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |       400 | NS      | $51064.00     | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc               | Freeport-McMoRan Inc               | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      1040 | NS      | $52821.60     | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                        | Oracle Corp                        | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |        80 | NS      | $15592.80     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                     | Merck & Co Inc                     | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |       760 | NS      | $79997.60     | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants Inc             | Darden Restaurants Inc             | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |       260 | NS      | $47845.20     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Qnity Electronics Inc              | Qnity Electronics Inc              | CUSIP: 74743L100<br>LEI: 254900RSUG4J9TFFZX53 | Long             | EC               | CORP              | US        |       300 | NS      | $24495.00     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-24

**Name of Applicant:** 2023 ETF Series Trust

**Signature:** Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Principal Financial Officer