# EDGAR Filing Document

**Accession Number:** 0001650149
**File Stem:** 0000894189-25-012182
**Filing Date:** 2025-10
**Character Count:** 47711
**Document Hash:** d9265048a1f29dd6dae75fc31f5147f8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-012182.hdr.sgml**: 20251028

**ACCESSION NUMBER**: 0000894189-25-012182

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251028

**DATE AS OF CHANGE**: 20251028

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Series Portfolios Trust
- **CENTRAL INDEX KEY:** 0001650149

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23084
- **FILM NUMBER:** 251424228

**BUSINESS ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-765-6620

**MAIL ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Infrastructure Capital Small Cap Income ETF (Series ID: S000083155)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000246671 | Infrastructure Capital Small Cap Income ETF | SCAP            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Infrastructure Capital Small Cap Income ETF** | **Infrastructure Capital Small Cap Income ETF** | **Infrastructure Capital Small Cap Income ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **August 31, 2025 (Unaudited)** | **August 31, 2025 (Unaudited)** | **August 31, 2025 (Unaudited)** |
| **COMMON STOCKS - 90.3%** | **Shares** | **Value**  |
| **Aerospace & Defense - 3.4%** | **Aerospace & Defense - 3.4%** | |
| StandardAero, Inc. <sup>(a)(b)</sup> | 14417 | $381906 |
| Woodward, Inc. <sup>(b)</sup> | 489 | 120695 |
|  |  | 502601 |
| **Banks - 16.4%** | **Banks - 16.4%** |  |
| Bank of NT Butterfield & Son Ltd. <sup>(b)(c)</sup> | 11357 | 512428 |
| East West Bancorp, Inc. <sup>(b)</sup> | 5007 | 526436 |
| Pinnacle Financial Partners, Inc. <sup>(b)</sup> | 3400 | 330548 |
| Popular, Inc. <sup>(b)</sup> | 2637 | 331312 |
| Preferred Bank/Los Angeles CA <sup>(b)</sup> | 5595 | 528168 |
| Western Alliance Bancorp <sup>(b)</sup> | 2369 | 212144 |
|  |  | 2441036 |
| **Capital Markets - 7.5%** | **Capital Markets - 7.5%** |  |
| AllianceBernstein Holding LP <sup>(b)</sup> | 4466 | 176764 |
| Houlihan Lokey, Inc. <sup>(b)</sup> | 813 | 161990 |
| Lazard, Inc. <sup>(b)</sup> | 3555 | 203204 |
| StoneX Group, Inc. <sup>(a)(b)</sup> | 5621 | 574298 |
|  |  | 1116256 |
| **Chemicals - 5.6%** | **Chemicals - 5.6%** |  |
| AdvanSix, Inc. <sup>(b)</sup> | 10424 | 223699 |
| Avient Corp. <sup>(b)</sup> | 6760 | 252824 |
| Element Solutions, Inc. <sup>(b)</sup> | 13738 | 353341 |
|  |  | 829864 |
| **Consumer Finance - 2.6%** | **Consumer Finance - 2.6%** |  |
| SLM Corp. <sup>(b)(c)</sup> | 12365 | 386777 |
| **Consumer Staples Distribution & Retail - 3.2%** | **Consumer Staples Distribution & Retail - 3.2%** |  |
| Casey's General Stores, Inc. <sup>(b)</sup> | 952 | 470783 |
| **Diversified REITs - 3.5%** | **Diversified REITs - 3.5%** |  |
| Global Net Lease, Inc. <sup>(b)</sup> | 66419 | 522718 |
| **Electric Utilities - 1.7%** | **Electric Utilities - 1.7%** |  |
| Otter Tail Corp. <sup>(b)</sup> | 2990 | 251130 |
| **Electrical Equipment - 3.0%** | **Electrical Equipment - 3.0%** |  |
| nVent Electric PLC <sup>(b)</sup> | 4945 | 446979 |
| **Financial Services - 0.9%** | **Financial Services - 0.9%** |  |
| Western Union Co. <sup>(b)</sup> | 15372 | 133275 |
| **Ground Transportation - 2.8%** | **Ground Transportation - 2.8%** |  |
| Lyft, Inc. - Class A <sup>(a)(b)</sup> | 25771 | 418006 |
| **Hotel & Resort REITs - 1.3%** | **Hotel & Resort REITs - 1.3%** |  |
| Park Hotels & Resorts, Inc. <sup>(b)</sup> | 16326 | 191994 |
| **Hotels, Restaurants & Leisure - 3.4%** | **Hotels, Restaurants & Leisure - 3.4%** |  |
| Wynn Resorts Ltd. <sup>(b)</sup> | 3935 | 498761 |
| **Industrial REITs - 1.4%** | **Industrial REITs - 1.4%** |  |
| STAG Industrial, Inc. <sup>(b)(c)</sup> | 5573 | 205365 |
| **Insurance - 1.1%** | **Insurance - 1.1%** |  |
| Old Republic International Corp. <sup>(b)</sup> | 4147 | 165756 |
| **Machinery - 3.0%** | **Machinery - 3.0%** |  |
| SPX Technologies, Inc. <sup>(a)(b)</sup> | 2345 | $438773 |
| **Media - 2.8%** | **Media - 2.8%** |  |
| New York Times Co. - Class A <sup>(b)</sup> | 6897 | 412716 |
| **Mortgage REITs - 4.6%** | **Mortgage REITs - 4.6%** |  |
| AGNC Investment Corp. <sup>(b)</sup> | 35212 | 343669 |
| Rithm Capital Corp. <sup>(b)</sup> | 27748 | 343520 |
|  |  | 687189 |
| **Multi-Utilities - 3.4%** | **Multi-Utilities - 3.4%** |  |
| Northwestern Energy Group, Inc. <sup>(b)</sup> | 8848 | 508848 |
| **Office REITs - 2.6%** | **Office REITs - 2.6%** |  |
| Kilroy Realty Corp. <sup>(b)(c)</sup> | 9405 | 391154 |
| **Oil, Gas & Consumable Fuels - 9.5%** | **Oil, Gas & Consumable Fuels - 9.5%** |  |
| Chord Energy Corp. <sup>(b)</sup> | 4719 | 518571 |
| Delek Logistics Partners LP <sup>(b)</sup> | 9463 | 414669 |
| Plains GP Holdings LP <sup>(b)</sup> | 24645 | 475648 |
|  |  | 1408888 |
| **Retail REITs - 2.4%** | **Retail REITs - 2.4%** |  |
| Brixmor Property Group, Inc. <sup>(b)(c)</sup> | 12542 | 351051 |
| **Semiconductors & Semiconductor Equipment - 2.8%** | **Semiconductors & Semiconductor Equipment - 2.8%** |  |
| MKS, Inc. <sup>(b)</sup> | 4078 | 421421 |
| **Trading Companies & Distributors - 1.4%** | **Trading Companies & Distributors - 1.4%** |  |
| Herc Holdings, Inc. <sup>(b)</sup> | 1610 | 210572 |
| **TOTAL COMMON STOCKS** (Cost $12,010,132) | **TOTAL COMMON STOCKS** (Cost $12,010,132) | 13411913 |
| **PREFERRED STOCKS - 16.3%** | **Shares** | **Value**  |
| **Banks - 2.0%** | **Banks - 2.0%** |  |
|  Flagstar Financial, Inc., Series A., 6.38% to 03/17/2027 then 3 mo. SOFR + 3.82%, Perpetual Maturity <sup>(b)(d)</sup> | 13883 | 300151 |
| **Diversified REITs - 1.9%** | **Diversified REITs - 1.9%** |  |
|  Global Net Lease, Inc., Series A, 7.25%, Perpetual Maturity <sup>(b)</sup> | 12012 | 283483 |
| **Financial Services - 0.8%** | **Financial Services - 0.8%** |  |
|  Merchants Bancorp/IN, 7.63%, Perpetual Maturity <sup>(b)</sup> | 4884 | 111306 |
| **Insurance - 1.6%** | **Insurance - 1.6%** |  |
| Brighthouse Financial, Inc. | – | $– |
| &nbsp;&nbsp; Series B, 6.75%, Perpetual Maturity <sup>(b)</sup> | 8386 | 154973 |
| &nbsp;&nbsp; Series C, 5.38%, Perpetual Maturity | 5683 | 84904 |
|  |  | 239877 |
| **Mortgage REITs - 10.0%** | **Mortgage REITs - 10.0%** |  |
|  AG Mortgage Investment Trust, Inc., Series B, 8.00%, Perpetual Maturity <sup>(b)</sup> | 18579 | 419328 |
|  AGNC Investment Corp., Series D, 8.91% (3 mo. Term SOFR + 4.59%), Perpetual Maturity <sup>(b)(c)</sup> | 9954 | 249746 |
|  Annaly Capital Management, Inc., Series J, 8.88%, Perpetual Maturity <sup>(a)(b)</sup> | 4884 | 125372 |
| Chimera Investment Corp. | – | $– |
| &nbsp;&nbsp; Series A, 8.00%, Perpetual Maturity <sup>(b)</sup> | 11936 | 273334 |
| &nbsp;&nbsp; Series B, 10.35% (3 mo. Term SOFR + 6.05%), Perpetual Maturity <sup>(b)</sup> | 11062 | 273785 |
|  Rithm Capital Corp., Series D, 7.00% to 11/15/2026 then 5 yr. CMT Rate + 6.22%, Perpetual Maturity <sup>(b)(c)(d)</sup> | 5836 | 142457 |
|  |  | 1484022 |
| **TOTAL PREFERRED STOCKS** (Cost $2,319,385) | **TOTAL PREFERRED STOCKS** (Cost $2,319,385) | 2418839 |
| **EXCHANGE TRADED FUNDS - 10.1%** | **Shares** | **Value**  |
| iShares Russell 2000 ETF<sup>(b)(e)</sup> | 6356 | 1494740 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $1,482,702) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $1,482,702) | 1494740 |
| **BABY BONDS<sup>(g)</sup> – 8.4%** | **Shares** | **Value**  |
| **Commercial Services & Supplies – 0.9%** |  |  |
| Pitney Bowes, Inc., 6.70%, 03/07/2043 <sup>(b)</sup> | 6876 | 133944 |
| **Consumer Finance - 2.5%** |  |  |
| Atlanticus Holdings Corp., Series \*, 9.25%, 01/31/2029 <sup>(b)</sup> | 14472 | $369760 |
| **Diversified Telecommunications Services – 0.4%** |  |  |
| Qwest Corp., 6.75%, 06/15/2057 <sup>(b)</sup> | 3212 | 63919 |
| **Health Care REITs – 2.7%** |  |  |
| Diversified Healthcare Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 02/01/2046 <sup>(b)</sup> | 18470 | 326919 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 08/01/2042 <sup>(b)</sup> | 4394 | 71183 |
|  |  | 398102 |
| **Mortgage REITs – 1.0%** |  |  |
| Redwood Trust, Inc., 9.13%, 03/01/2030 <sup>(b)</sup> | 6459 | 155791 |
| **Trust, Fiduciary, and Custody Activities - 0.9%** |  |  |
| SCE Trust IV, Series J, 5.38% to 09/15/2025 then 3 mo. Term SOFR + 3.39%, Perpetual Maturity <sup>(b)(c)(d)</sup> | 5386 | 126948 |
| **TOTAL BABY BONDS** (Cost $1,219,506) | **TOTAL BABY BONDS** (Cost $1,219,506) | 1248464 |
| **CONVERTIBLE PREFERRED STOCKS - 2.9%** | **Shares** | **Value**  |
| **Capital Markets - 1.8%** | **Capital Markets - 1.8%** |  |
|  KKR & Co., Inc., Series D, 6.25%, 03/01/2028 <sup>(b)</sup> | 5000 | 272750 |
| **Electric Utilities - 1.1%** | **Electric Utilities - 1.1%** |  |
|  NextEra Energy, Inc., 6.93%, 09/01/2025 <sup>(b)</sup> | 4000 | 164040 |
| **TOTAL CONVERTIBLE PREFERRED STOCKS** (Cost $381,752) | **TOTAL CONVERTIBLE PREFERRED STOCKS** (Cost $381,752) | 436790 |
| **SHORT-TERM INVESTMENTS - 3.2%** | **Shares** | **Value**  |
| **Money Market Funds – 3.2%** |  |  |
| First American Government Obligations Fund - Class X, 4.22%<sup>(f)</sup> | 235180 | 235180 |
| First American Treasury Obligations Fund - Class X, 4.19%<sup>(f)</sup> | 235181 | 235181 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $470,361) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $470,361) | 470361 |
| **TOTAL INVESTMENTS - 131.2% (**Cost $17,883,838**)** | **TOTAL INVESTMENTS - 131.2% (**Cost $17,883,838**)** | 19481107 |
| Liabilities in Excess of Other Assets - (31.2)% | Liabilities in Excess of Other Assets - (31.2)% | (4636227) |
| **TOTAL NET ASSETS - 100.0%** |  | $14844880 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use. |

---

---

| |
|:---|
| CMT - Constant Maturity Treasury |
| ETF – Exchange Traded Fund |
| LP - Limited Partnership |
| PLC - Public Limited Company |
| REIT - Real Estate Investment Trust |
| SOFR - Secured Overnight Financing Rate |

---

(a) Non-income producing security.

(b) All or a portion of this security has been committed as collateral for a borrowing facility. The total value of assets committed as collateral as of August 31, 2025 is $17,888,658.

(c) All or a portion of this security has been committed as collateral for open written options contracts. The total value of assets committed as collateral as of August 31, 2025 is $336,027.

(d) This security has a fixed-to-variable rate feature.

(e) Held in connection with written option contracts. See Schedule of Written Options for further information.

(f) The rate shown represents the 7-day annualized effective yield as of August 31, 2025.

(g) Baby bonds are preferred stocks which have been deemed to be fixed income securities based upon certain intrinsic characteristics.

------

---

| | | | |
|:---|:---|:---|:---|
| **Infrastructure Capital Small Cap Income ETF** | **Infrastructure Capital Small Cap Income ETF** | **Infrastructure Capital Small Cap Income ETF** | **Infrastructure Capital Small Cap Income ETF** |
| **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** |
| **August 31, 2025 (Unaudited)** | **August 31, 2025 (Unaudited)** | **August 31, 2025 (Unaudited)** | **August 31, 2025 (Unaudited)** |
| **WRITTEN OPTIONS <sup>(b)</sup>** | **Notional Amount** | **Contracts<sup>(a)</sup>** | **Value** |
| **Written Call Options** | **Written Call Options** | **Written Call Options** | **Written Call Options** |
| iShares Russell 2000 ETF  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 09/05/2025; Exercise Price: $238.00 | $(235170) | (10) | $(1280) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 09/05/2025; Exercise Price: $245.00 | (1058265) | (45) | (495) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 09/12/2025; Exercise Price: $237.00 | (352755) | (15) | (4425) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 09/12/2025; Exercise Price: $239.00 | (470340) | (20) | (4300) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 09/12/2025; Exercise Price: $242.00 | (235170) | (10) | (1270) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 09/19/2025; Exercise Price: $244.00 | (235170) | (10) | (1450) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 09/19/2025; Exercise Price: $245.00 | (587925) | (25) | (3050) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 09/19/2025; Exercise Price: $248.00 | (587925) | (25) | (1950) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 09/26/2025; Exercise Price: $245.00 | (235170) | (10) | (1560) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 09/26/2025; Exercise Price: $250.00 | (823095) | (35) | (2870) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 09/26/2025; Exercise Price: $255.00 | (352755) | (15) | (615) |
| **Total Written Call Options** |  |  | (23265) |
| **TOTAL WRITTEN OPTIONS** (Premiums received $12,558) |  |  | $(23265) |
| ETF – Exchange Traded Fund | ETF – Exchange Traded Fund | ETF – Exchange Traded Fund | ETF – Exchange Traded Fund |

---

(a) 100 shares per contact.

(b) Non-income producing security.

------

#### Investment Valuation
The following is a summary of the Fund's pricing procedures. It is intended to be a general discussion and may not necessarily reflect all the pricing procedures followed by the Fund.

Equity securities, including common stocks, preferred stocks, and real estate investment trusts ("REITS") that are traded on a national securities exchange, except those listed on the Nasdaq Global Market<sup>®</sup>, Nasdaq Global Select Market<sup>®</sup> and the Nasdaq Capital Market<sup>®</sup> exchanges (collectively "Nasdaq"), are valued at the last reported sale price on that exchange on which the security is principally traded. Securities traded on Nasdaq will be valued at the Nasdaq Official Closing Price ("NOCP"). If, on a particular day, an exchange traded or Nasdaq security does not trade, then the mean between the most recent quoted bid and asked prices will be used. All equity securities that are not traded on a listed exchange are valued at the last sale price in the over-the-counter ("OTC") market. If a non-exchanged traded equity security does not trade on a particular day, then the mean between the last quoted closing bid and asked price will be used. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy.

In the case of foreign securities, the occurrence of events after the close of foreign markets, but prior to the time the Fund's NAV is calculated will result in an adjustment to the trading prices of foreign securities when foreign markets open on the following business day. The Fund will value foreign securities at fair value, taking into account such events in calculating the NAV. In such cases, use of fair valuation can reduce an investor's ability to seek profit by estimating the Fund's NAV in advance of the time the NAV is calculated. These securities are categorized in Level 2 of the fair value hierarchy.

Exchange traded funds and closed-end funds are valued at the last reported sale price on the exchange on which the security is principally traded. If, on a particular day, an exchange-traded fund does not trade, then the mean between the most recent quoted bid and asked prices will be used. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy.

Investments in registered open-end investment companies (including money market funds), other than exchange traded funds, are valued at their reported NAVs. To the extent these securities are valued at their NAVs per share, they are categorized in Level 1 of the fair value hierarchy.

Exchange traded options are valued at the last reported sale price on the exchange on which the security is principally traded. If the last sale price is not available the composite mean price can be used, which calculates the mean price of the highest bid price and the lowest ask price across the exchanges where the option is principally traded. For non-exchange traded options, models such as Black-Scholes can be used to value the options. On the last trading day prior to expiration, expiring options may be priced at intrinsic value. These securities are categorized in Level 2 of the fair value hierarchy.

The Board of Trustees (the "Board") has adopted a pricing and valuation policy for use by the Fund and its Valuation Designee (as defined below) in calculating the Fund's NAV. Pursuant to Rule 2a-5 under the 1940 Act, the Fund has designated Infrastructure Capital Advisors, LLC as its "Valuation Designee" to perform all of the fair value determinations as well as to perform all of the responsibilities that may be performed by the Valuation Designee in accordance with Rule 2a-5. The Valuation Designee is authorized to make all necessary determinations of the fair values of the portfolio securities and other assets for which market quotations are not readily available or if it is deemed that the prices obtained from brokers and dealers or independent pricing services are unreliable.

The Fund has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of August 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $13411913 | $– | $– | $13411913 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | 2418839 | – | – | 2418839 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 1494740 | – | – | 1494740 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Baby Bonds | 1248464 | – | – | 1248464 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Convertible Preferred Stocks | 436790 | – | – | 436790 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 470361 | – | – | 470361 |
| Total Investments | $19481107 | $– | $– | $19481107 |
| **Liabilities:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | $(23265) | $– | $– | $(23265) |
| Total Investments | $(23265) | $– | $– | $(23265) |
| For the period ended August 31, 2025, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3 securities. Refer to the Schedule of Investments for further information on the classification of investments. | For the period ended August 31, 2025, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3 securities. Refer to the Schedule of Investments for further information on the classification of investments. | For the period ended August 31, 2025, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3 securities. Refer to the Schedule of Investments for further information on the classification of investments. | For the period ended August 31, 2025, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3 securities. Refer to the Schedule of Investments for further information on the classification of investments. | For the period ended August 31, 2025, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3 securities. Refer to the Schedule of Investments for further information on the classification of investments. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Series Portfolios Trust

- **b. Investment Company Act file number:** 811-23084

- **c. CIK number of Registrant:** 0001650149

- **d. LEI of Registrant:** 5493008VNHP5UNYJ3713

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

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

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-765-6047

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

- **a. Name of Series:** Infrastructure Capital Small Cap Income ETF

- **b. EDGAR series identifier (if any):** S000083155

- **c. LEI of Series:** 529900BFYVI3BWG2K208

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $20927503.18

**Total Liabilities:** $6080493.87

**Net Assets:** $14847009.31

**Cash Not Reported:** $1871255.02

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246671 | 5.18%                | 1.82%                | 5.02%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $89901.75                | $569355.37                                 |
| Month 2  | $183046.80               | $43902.19                                  |
| Month 3  | $126680.83               | $580106.75                                 |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** 242PNBYD2T

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AG MORTGAGE INVEST TR          | AG Mortgage Investment Trust Inc     | CUSIP: 001228303<br>LEI: 549300SNP0PBR2XTFR48 | Long             | EP               | CORP              | US        |     18579 | NS      | $419328.03    | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC Investment Corp           | AGNC Investment Corp                 | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               | CORP              | US        |     35212 | NS      | $343669.12    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AdvanSix Inc                   | AdvanSix Inc                         | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |     10424 | NS      | $223699.04    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP           | AGNC Investment Corp                 | CUSIP: 00123Q609<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |      9954 | NS      | $249745.86    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| AllianceBernstein Holding LP   | AllianceBernstein Holding LP         | CUSIP: 01881G106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4466 | NS      | $176764.28    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MGMT            | Annaly Capital Management Inc        | CUSIP: 035710821<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               | CORP              | US        |      4884 | NS      | $125372.28    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLANTICUS HOLDINGS CORP       | Atlanticus Holdings Corp             | CUSIP: 04914Y409<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14472 | NS      | $369759.60    | 2.49%             | 2029-01-31      | Fixed         | 9.25%                 | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc            | CUSIP: 10922N509<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |      8386 | NS      | $154973.28    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc            | CUSIP: 10922N707<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |      5683 | NS      | $84904.02     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc     | Brixmor Property Group Inc           | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     12542 | NS      | $351050.58    | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc     | Casey's General Stores Inc           | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |       952 | NS      | $470783.04    | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp              | CUSIP: 16934Q307<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |     11936 | NS      | $273334.40    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp              | CUSIP: 16934Q406<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |     11062 | NS      | $273784.50    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek Logistics Partners LP    | Delek Logistics Partners LP          | CUSIP: 24664T103<br>LEI: 549300UVYITDIU51P724 | Long             | EC               | CORP              | US        |      9463 | NS      | $414668.66    | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T       | Diversified Healthcare Trust         | CUSIP: 25525P206<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4394 | NS      | $71182.80     | 0.48%             | 2042-08-01      | Fixed         | 5.62%                 | No            |                  1 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T       | Diversified Healthcare Trust         | CUSIP: 25525P305<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     18470 | NS      | $326919.00    | 2.20%             | 2046-02-01      | Fixed         | 6.25%                 | No            |                  1 | On Loan: No      |
| Rithm Capital Corp             | Rithm Capital Corp                   | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               | CORP              | US        |     27748 | NS      | $343520.24    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP             | Rithm Capital Corp                   | CUSIP: 64828T706<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |      5836 | NS      | $142456.76    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE TRUST IV                   | SCE Trust IV                         | CUSIP: 78409G206<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5386 | NS      | $126948.02    | 0.86%             | 2025-09-15      | Variable      | 5.38%                 | No            |                  1 | On Loan: No      |
| SLM Corp                       | SLM Corp                             | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12365 | NS      | $386777.20    | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc          | East West Bancorp Inc                | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |      5007 | NS      | $526435.98    | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc          | Element Solutions Inc                | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |     13738 | NS      | $353341.36    | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc           | SPX Technologies Inc                 | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |      2345 | NS      | $438772.95    | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc            | STAG Industrial Inc                  | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |      5573 | NS      | $205365.05    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Net Lease Inc           | Global Net Lease Inc                 | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               | CORP              | US        |     66419 | NS      | $522717.53    | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL NET LEASE INC           | Global Net Lease Inc                 | CUSIP: 379378300<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |     12012 | NS      | $283483.20    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| StandardAero Inc               | StandardAero Inc                     | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14417 | NS      | $381906.33    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc               | StoneX Group Inc                     | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |      5621 | NS      | $574297.57    | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp       | Western Alliance Bancorp             | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |      2369 | NS      | $212143.95    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Union Co/The           | Western Union Co/The                 | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |     15372 | NS      | $133275.24    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc                   | Woodward Inc                         | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |       489 | NS      | $120694.98    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts Ltd               | Wynn Resorts Ltd                     | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |      3935 | NS      | $498761.25    | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc              | Herc Holdings Inc                    | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |      1610 | NS      | $210571.90    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc             | Houlihan Lokey Inc                   | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |       813 | NS      | $161990.25    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Russell 2000 ETF       | iShares Russell 2000 ETF             | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Long             | EC               | RF                | US        |      6356 | NS      | $1494740.52   | 10.07%            |  |  |  | No            |                  1 | On Loan: No      |
| MKS Inc                        | MKS Inc                              | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |      4078 | NS      | $421420.52    | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCHANTS BANCORP              | Merchants Bancorp/IN                 | CUSIP: 58844R850<br>LEI: 54930008Y0GPVLF81889 | Long             | EP               | CORP              | US        |      4884 | NS      | $111306.36    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| FLAGSTAR FINANCIAL INC         | Flagstar Financial Inc               | CUSIP: 649445202<br>LEI: 529900HVXOTLY61GL030 | Long             | EP               | CORP              | US        |     13883 | NS      | $300150.46    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Times Co/The          | New York Times Co/The                | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |      6897 | NS      | $412716.48    | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC             | NextEra Energy Inc                   | CUSIP: 65339F713<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EP               | CORP              | US        |      4000 | NS      | $164040.00    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group Inc  | Northwestern Energy Group Inc        | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |      8848 | NS      | $508848.48    | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp              | Chord Energy Corp                    | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |      4719 | NS      | $518570.91    | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Cor | Old Republic International Corp      | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |      4147 | NS      | $165755.59    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp                | Otter Tail Corp                      | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2990 | NS      | $251130.10    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts Inc      | Park Hotels & Resorts Inc            | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |     16326 | NS      | $191993.76    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners In | Pinnacle Financial Partners Inc      | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |      3400 | NS      | $330548.00    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PITNEY BOWES INC               | Pitney Bowes Inc                     | CUSIP: 724479506<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |      6876 | NS      | $133944.48    | 0.90%             | 2043-03-07      | Fixed         | 6.70%                 | No            |                  1 | On Loan: No      |
| Plains GP Holdings LP          | Plains GP Holdings LP                | CUSIP: 72651A207<br>LEI: 549300O56BSKRD8FAM12 | Long             | EC               | CORP              | US        |     24645 | NS      | $475648.50    | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                    | Popular Inc                          | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |      2637 | NS      | $331312.68    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank/Los Angeles CA  | Preferred Bank/Los Angeles CA        | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |      5595 | NS      | $528168.00    | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| QWEST CORP                     | Qwest Corp                           | CUSIP: 74913G873<br>LEI: 549300R2L4N683OO1509 | Long             | DBT              | CORP              | US        |      3212 | NS      | $63918.80     | 0.43%             | 2057-06-15      | Fixed         | 6.75%                 | No            |                  1 | On Loan: No      |
| REDWOOD TRUST INC              | Redwood Trust Inc                    | CUSIP: 758075865<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | DBT              | CORP              | US        |      6459 | NS      | $155791.08    | 1.05%             | 2030-03-01      | Fixed         | 9.13%                 | No            |                  1 | On Loan: No      |
| nVent Electric PLC             | nVent Electric PLC                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | GB        |      4945 | NS      | $446978.55    | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -20 | NC      | $-20.00       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-25.00       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-1280.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -45 | NC      | $-495.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -15 | NC      | $-4425.00     | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -20 | NC      | $-4300.00     | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-1270.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-1450.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-3050.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-1950.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-1560.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -35 | NC      | $-2870.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -15 | NC      | $-615.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp                    | Avient Corp                          | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |      6760 | NS      | $252824.00    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of NT Butterfield & Son L | Bank of NT Butterfield & Son Ltd/The | CUSIP: N/A<br>LEI: 549300V8RVM0EMTDPF28       | Long             | EC               | CORP              | BM        |     11357 | NS      | $512427.84    | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & CO INC                   | KKR & Co Inc                         | CUSIP: 48251W500<br>LEI: 54930013V5I303TF9571 | Long             | EP               | CORP              | US        |      5000 | NS      | $272750.00    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp             | Kilroy Realty Corp                   | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |      9405 | NS      | $391153.95    | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Inc                     | Lazard Inc                           | CUSIP: 52110M109<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | US        |      3555 | NS      | $203203.80    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Lyft Inc                       | Lyft Inc                             | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |     25771 | NS      | $418005.62    | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Series Portfolios Trust

**Signature:** /s/Ryan Roell

**Name of Signer:** Series Portfolios Trust

**Title:** President