# EDGAR Filing Document

**Accession Number:** 0001650149
**File Stem:** 0000894189-26-012314
**Filing Date:** 2026-4
**Character Count:** 54445
**Document Hash:** 2df723bd0a40db19135ce6f9cd471274
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-012314.hdr.sgml**: 20260421

**ACCESSION NUMBER**: 0000894189-26-012314

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260421

**DATE AS OF CHANGE**: 20260421

**PERIOD START**: 20261130

**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:** 26877311

**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** | **Infrastructure Capital Small Cap Income ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** |
| **COMMON STOCKS - 103.5%** | **COMMON STOCKS - 103.5%** | **Shares**  | **Value**  |
| **Aerospace & Defense - 8.0%** | **Aerospace & Defense - 8.0%** | **Aerospace & Defense - 8.0%** | |
| Huntington Ingalls Industries, Inc. | Huntington Ingalls Industries, Inc. | 1850 | $822362 |
| StandardAero, Inc. <sup>(a)(b)</sup> | StandardAero, Inc. <sup>(a)(b)</sup> | 23618 | 727434 |
|  |  |  | 1549796 |
| **Banks - 14.4%** | **Banks - 14.4%** | **Banks - 14.4%** |  |
| Bank of NT Butterfield & Son Ltd. <sup>(b)(c)</sup> | Bank of NT Butterfield & Son Ltd. <sup>(b)(c)</sup> | 14914 | 756886 |
| East West Bancorp, Inc. <sup>(b)(d)</sup> | East West Bancorp, Inc. <sup>(b)(d)</sup> | 7085 | 775453 |
| Popular, Inc. <sup>(b)</sup> | Popular, Inc. <sup>(b)</sup> | 3726 | 504351 |
| Preferred Bank/Los Angeles CA <sup>(b)</sup> | Preferred Bank/Los Angeles CA <sup>(b)</sup> | 5513 | 483600 |
| Western Alliance Bancorp <sup>(b)(d)</sup> | Western Alliance Bancorp <sup>(b)(d)</sup> | 3349 | 268992 |
|  |  |  | 2789282 |
| **Beverages - 3.3%** | **Beverages - 3.3%** | **Beverages - 3.3%** |  |
| Celsius Holdings, Inc. <sup>(a)(b)</sup> | Celsius Holdings, Inc. <sup>(a)(b)</sup> | 12039 | 645411 |
| **Biotechnology - 3.0%** | **Biotechnology - 3.0%** | **Biotechnology - 3.0%** |  |
| Halozyme Therapeutics, Inc. <sup>(a)(b)(d)</sup> | Halozyme Therapeutics, Inc. <sup>(a)(b)(d)</sup> | 8434 | 586416 |
| **Capital Markets - 7.7%** | **Capital Markets - 7.7%** | **Capital Markets - 7.7%** |  |
| Houlihan Lokey, Inc. <sup>(b)</sup> | Houlihan Lokey, Inc. <sup>(b)</sup> | 1810 | 296424 |
| Lazard, Inc. <sup>(b)(d)</sup> | Lazard, Inc. <sup>(b)(d)</sup> | 7391 | 373984 |
| StoneX Group, Inc. <sup>(a)(b)</sup> | StoneX Group, Inc. <sup>(a)(b)</sup> | 6436 | 820590 |
|  |  |  | 1490998 |
| **Chemicals - 3.4%** | **Chemicals - 3.4%** | **Chemicals - 3.4%** |  |
| AdvanSix, Inc. <sup>(b)</sup> | AdvanSix, Inc. <sup>(b)</sup> | 14748 | 262957 |
| Avient Corp. <sup>(b)</sup> | Avient Corp. <sup>(b)</sup> | 9568 | 392958 |
|  |  |  | 655915 |
| **Communications Equipment - 2.8%** | **Communications Equipment - 2.8%** | **Communications Equipment - 2.8%** |  |
| Viavi Solutions, Inc. <sup>(a)</sup> | Viavi Solutions, Inc. <sup>(a)</sup> | 18355 | 545327 |
| **Consumer Staples Distribution & Retail - 3.0%** | **Consumer Staples Distribution & Retail - 3.0%** | **Consumer Staples Distribution & Retail - 3.0%** |  |
| Casey's General Stores, Inc. <sup>(b)</sup> | Casey's General Stores, Inc. <sup>(b)</sup> | 833 | 571097 |
| **Diversified REITs - 4.8%** | **Diversified REITs - 4.8%** | **Diversified REITs - 4.8%** |  |
| Global Net Lease, Inc. <sup>(b)</sup> | Global Net Lease, Inc. <sup>(b)</sup> | 99167 | 934153 |
| **Electric Utilities - 3.0%** | **Electric Utilities - 3.0%** | **Electric Utilities - 3.0%** |  |
| Otter Tail Corp. <sup>(b)</sup> | Otter Tail Corp. <sup>(b)</sup> | 6794 | 578169 |
| **Electrical Equipment - 2.6%** | **Electrical Equipment - 2.6%** | **Electrical Equipment - 2.6%** |  |
| Generac Holdings, Inc. <sup>(a)</sup> | Generac Holdings, Inc. <sup>(a)</sup> | 425 | 95782 |
| nVent Electric PLC | nVent Electric PLC | 47 | 5563 |
| Regal Rexnord Corp. <sup>(d)</sup> | Regal Rexnord Corp. <sup>(d)</sup> | 1840 | 406603 |
|  |  |  | 507948 |
| **Financial Services - 2.3%** | **Financial Services - 2.3%** | **Financial Services - 2.3%** |  |
| Western Union Co. <sup>(b)</sup> | Western Union Co. <sup>(b)</sup> | 46387 | 446707 |
| **Hotel & Resort REITs - 4.7%** | **Hotel & Resort REITs - 4.7%** | **Hotel & Resort REITs - 4.7%** |  |
| Braemar Hotels & Resorts, Inc. <sup>(b)</sup> | Braemar Hotels & Resorts, Inc. <sup>(b)</sup> | 224658 | 653755 |
| Park Hotels & Resorts, Inc. <sup>(b)</sup> | Park Hotels & Resorts, Inc. <sup>(b)</sup> | 23107 | 261340 |
|  |  |  | 915095 |
| **Hotels, Restaurants & Leisure - 6.2%** | **Hotels, Restaurants & Leisure - 6.2%** | **Hotels, Restaurants & Leisure - 6.2%** |  |
| DraftKings, Inc. - Class A <sup>(a)(b)(d)</sup> | DraftKings, Inc. - Class A <sup>(a)(b)(d)</sup> | 16493 | 393193 |
| Genius Sports Ltd. <sup>(a)</sup> | Genius Sports Ltd. <sup>(a)</sup> | 26000 | 161460 |
| Wynn Resorts Ltd. <sup>(b)</sup> | Wynn Resorts Ltd. <sup>(b)</sup> | 6039 | 653360 |
|  |  |  | 1208013 |
| **Household Durables - 6.5%** | **Household Durables - 6.5%** | **Household Durables - 6.5%** |  |
| KB Home <sup>(d)</sup> | KB Home <sup>(d)</sup> | 10130 | $644065 |
| Toll Brothers, Inc. <sup>(d)</sup> | Toll Brothers, Inc. <sup>(d)</sup> | 3916 | 615752 |
|  |  |  | 1259817 |
| **Insurance - 0.5%** | **Insurance - 0.5%** | **Insurance - 0.5%** |  |
| Brighthouse Financial, Inc. <sup>(a)</sup> | Brighthouse Financial, Inc. <sup>(a)</sup> | 1529 | 91710 |
| **IT Services - 4.0%** | **IT Services - 4.0%** | **IT Services - 4.0%** |  |
| GoDaddy, Inc. - Class A <sup>(a)</sup> | GoDaddy, Inc. - Class A <sup>(a)</sup> | 3851 | 335653 |
| Okta, Inc. <sup>(a)(b)(d)</sup> | Okta, Inc. <sup>(a)(b)(d)</sup> | 5948 | 431230 |
|  |  |  | 766883 |
| **Machinery - 0.9%** | **Machinery - 0.9%** | **Machinery - 0.9%** |  |
| SPX Technologies, Inc. <sup>(a)</sup> | SPX Technologies, Inc. <sup>(a)</sup> | 801 | 181779 |
| **Media - 3.3%** | **Media - 3.3%** | **Media - 3.3%** |  |
| New York Times Co. - Class A <sup>(b)(d)</sup> | New York Times Co. - Class A <sup>(b)(d)</sup> | 8082 | 644863 |
| **Metals & Mining - 1.2%** | **Metals & Mining - 1.2%** | **Metals & Mining - 1.2%** |  |
| Equinox Gold Corp. <sup>(a)(b)(d)</sup> | Equinox Gold Corp. <sup>(a)(b)(d)</sup> | 12802 | 240166 |
| **Mortgage REITs - 3.9%** | **Mortgage REITs - 3.9%** | **Mortgage REITs - 3.9%** |  |
| AGNC Investment Corp. <sup>(b)</sup> | AGNC Investment Corp. <sup>(b)</sup> | 42072 | 471627 |
| Rithm Capital Corp. <sup>(b)</sup> | Rithm Capital Corp. <sup>(b)</sup> | 27723 | 278616 |
|  |  |  | 750243 |
| **Multi-Utilities - 3.1%** | **Multi-Utilities - 3.1%** | **Multi-Utilities - 3.1%** |  |
| Northwestern Energy Group, Inc. <sup>(b)</sup> | Northwestern Energy Group, Inc. <sup>(b)</sup> | 8650 | 605154 |
| **Office REITs - 2.1%** | **Office REITs - 2.1%** | **Office REITs - 2.1%** |  |
| Kilroy Realty Corp. <sup>(b)(c)</sup> | Kilroy Realty Corp. <sup>(b)(c)</sup> | 13312 | 396964 |
| **Oil, Gas & Consumable Fuels - 3.2%** | **Oil, Gas & Consumable Fuels - 3.2%** | **Oil, Gas & Consumable Fuels - 3.2%** |  |
| Chord Energy Corp. <sup>(b)</sup> | Chord Energy Corp. <sup>(b)</sup> | 5465 | 592242 |
| Kinetik Holdings, Inc. | Kinetik Holdings, Inc. | 424 | 19288 |
|  |  |  | 611530 |
| **Semiconductors & Semiconductor Equipment - 2.0%** | **Semiconductors & Semiconductor Equipment - 2.0%** | **Semiconductors & Semiconductor Equipment - 2.0%** |  |
| MKS, Inc. | MKS, Inc. | 1550 | 378913 |
| **Software - 1.0%** | **Software - 1.0%** | **Software - 1.0%** |  |
| JFrog Ltd. <sup>(a)</sup> | JFrog Ltd. <sup>(a)</sup> | 4962 | 199224 |
| **Textiles, Apparel & Luxury Goods - 1.5%** | **Textiles, Apparel & Luxury Goods - 1.5%** | **Textiles, Apparel & Luxury Goods - 1.5%** |  |
| Kontoor Brands, Inc. | Kontoor Brands, Inc. | 4514 | 294358 |
| **Trading Companies & Distributors - 1.1%** | **Trading Companies & Distributors - 1.1%** | **Trading Companies & Distributors - 1.1%** |  |
| Herc Holdings, Inc. <sup>(b)(d)</sup> | Herc Holdings, Inc. <sup>(b)(d)</sup> | 1522 | 212760 |
| **TOTAL COMMON STOCKS** (Cost $18,685,061) | **TOTAL COMMON STOCKS** (Cost $18,685,061) | **TOTAL COMMON STOCKS** (Cost $18,685,061) | 20058691 |
| **PREFERRED STOCKS - 5.2%** | **PREFERRED STOCKS - 5.2%** | **Shares**  | **Value**  |
| **Insurance - 2.0%** | **Insurance - 2.0%** | **Insurance - 2.0%** |  |
| Brighthouse Financial, Inc. | Brighthouse Financial, Inc. | – | $– |
| &nbsp;&nbsp; Series B, 6.75%, Perpetual Maturity <sup>(b)</sup> | &nbsp;&nbsp; Series B, 6.75%, Perpetual Maturity <sup>(b)</sup> | 12919 | 220527 |
| &nbsp;&nbsp; Series C, 5.38%, Perpetual Maturity | &nbsp;&nbsp; Series C, 5.38%, Perpetual Maturity | 11163 | 153268 |
|  |  |  | 373795 |
| **Mortgage REITs - 3.2%** | **Mortgage REITs - 3.2%** | **Mortgage REITs - 3.2%** |  |
|  AGNC Investment Corp., Series D, 8.27% (3 mo. Term SOFR + 4.59%), Perpetual Maturity <sup>(b)(c)</sup> | AGNC Investment Corp., Series D, 8.27% (3 mo. Term SOFR + 4.59%), Perpetual Maturity <sup>(b)(c)</sup> | 10963 | 273417 |
|  Chimera Investment Corp., Series B, 9.74% (3 mo. Term SOFR + 6.05%), Perpetual Maturity <sup>(b)</sup> | Chimera Investment Corp., Series B, 9.74% (3 mo. Term SOFR + 6.05%), Perpetual Maturity <sup>(b)</sup> | 10375 | 245265 |
|  TPG Mortgage Investment Trust, Inc., Series B, 8.00%, Perpetual Maturity | TPG Mortgage Investment Trust, Inc., Series B, 8.00%, Perpetual Maturity | 4573 | 105454 |
|  |  |  | 624136 |
| **TOTAL PREFERRED STOCKS** (Cost $1,011,914) | **TOTAL PREFERRED STOCKS** (Cost $1,011,914) | **TOTAL PREFERRED STOCKS** (Cost $1,011,914) | 997931 |
| **CONVERTIBLE PREFERRED STOCKS - 5.0%** | **CONVERTIBLE PREFERRED STOCKS - 5.0%** | **Shares**  | **Value**  |
| **Capital Markets - 2.2%** | **Capital Markets - 2.2%** | **Capital Markets - 2.2%** |  |
|  KKR & Co., Inc., Series D, 6.25%, 03/01/2028 <sup>(b)</sup> | KKR & Co., Inc., Series D, 6.25%, 03/01/2028 <sup>(b)</sup> | 10552 | $418809 |
| **Financial Services - 1.9%** | **Financial Services - 1.9%** | **Financial Services - 1.9%** |  |
|  Apollo Global Management, Inc., 6.75%, 07/31/2026 <sup>(b)</sup> | Apollo Global Management, Inc., 6.75%, 07/31/2026 <sup>(b)</sup> | 6632 | 371790 |
| **Household Durables - 0.9%** | **Household Durables - 0.9%** | **Household Durables - 0.9%** |  |
|  Whirlpool Corp., Series A, 8.50%, 02/15/2029 <sup>(a)</sup> | Whirlpool Corp., Series A, 8.50%, 02/15/2029 <sup>(a)</sup> | 3500 | 174475 |
| **TOTAL CONVERTIBLE PREFERRED STOCKS** (Cost $1,160,020) | **TOTAL CONVERTIBLE PREFERRED STOCKS** (Cost $1,160,020) | **TOTAL CONVERTIBLE PREFERRED STOCKS** (Cost $1,160,020) | 965074 |
| **BABY BONDS<sup>(e)</sup> - 0.2%** | **BABY BONDS<sup>(e)</sup> - 0.2%** | **Shares**  | **Value**  |
| **Mortgage REITs - 0.2%** | **Mortgage REITs - 0.2%** | **Mortgage REITs - 0.2%** |  |
|  Redwood Trust, Inc., 9.13%, 03/01/2030 | Redwood Trust, Inc., 9.13%, 03/01/2030 | 1885 | 46446 |
| **TOTAL BABY BONDS** (Cost $46,778) | **TOTAL BABY BONDS** (Cost $46,778) | **TOTAL BABY BONDS** (Cost $46,778) | 46446 |
| **EXCHANGE TRADED FUNDS - 0.2%** | **EXCHANGE TRADED FUNDS - 0.2%** | **Shares**  | **Value**  |
| iShares Russell 2000 ETF <sup>(d)</sup> | iShares Russell 2000 ETF <sup>(d)</sup> | 122 | 31892 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $29,449) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $29,449) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $29,449) | 31892 |
| **PURCHASED OPTIONS<sup>(a)</sup> - 0.0% <sup>(f)</sup>** | **Notional Amount**  | **Contracts<sup>(g)</sup>**  | **Value**  |
| **Call Options - 0.0% <sup>(f)</sup>** | **Call Options - 0.0% <sup>(f)</sup>** |  |  |
| iShares Russell 2000 ETF | iShares Russell 2000 ETF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $300.00 | 5228200 | 200 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp; Expiration: 04/17/2026; Exercise Price: $300.00 | 2614100 | 100 | 1800 |
| &nbsp;&nbsp;&nbsp;&nbsp; Expiration: 04/17/2026; Exercise Price: $310.00 | 5228200 | 200 | 1600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Expiration: 04/17/2026; Exercise Price: $315.00 | 5228200 | 200 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Expiration: 05/15/2026; Exercise Price: $330.00 | 7842300 | 300 | 2550 |
| **TOTAL PURCHASED OPTIONS** (Cost $59,305) | **TOTAL PURCHASED OPTIONS** (Cost $59,305) | **TOTAL PURCHASED OPTIONS** (Cost $59,305) | 7350 |
| **SHORT-TERM INVESTMENTS - 0.0% <sup>(f)</sup>** | **SHORT-TERM INVESTMENTS - 0.0% <sup>(f)</sup>** | **Shares**  | **Value**  |
| **Money Market Funds – 0.0% <sup>(f)</sup>** | **Money Market Funds – 0.0% <sup>(f)</sup>** |  |  |
| First American Government Obligations Fund - Class X, 3.60% <sup>(h)</sup> | First American Government Obligations Fund - Class X, 3.60% <sup>(h)</sup> | 247 | 247 |
| First American Treasury Obligations Fund - Class X, 3.60% <sup>(h)</sup> | First American Treasury Obligations Fund - Class X, 3.60% <sup>(h)</sup> | 248 | 248 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $495) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $495) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $495) | 495 |
| **TOTAL INVESTMENTS - 114.1% (**Cost $20,993,022**)** | **TOTAL INVESTMENTS - 114.1% (**Cost $20,993,022**)** | **TOTAL INVESTMENTS - 114.1% (**Cost $20,993,022**)** | 22107879 |
| Liabilities in Excess of Other Assets - (14.1)% | Liabilities in Excess of Other Assets - (14.1)% | Liabilities in Excess of Other Assets - (14.1)% | (2732704) |
| **TOTAL NET ASSETS - 100.0%** |  |  | $19375175 |
| Percentages are stated as a percent of net assets.<br>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. | Percentages are stated as a percent of net assets.<br>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. | Percentages are stated as a percent of net assets.<br>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. | Percentages are stated as a percent of net assets.<br>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. |

---

ETF – Exchange Traded Fund PLC - Public Limited Company <br> REIT - Real Estate Investment Trust <br> 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 February 28, 2026 was $11,421,354.

(c) All or a portion of this security has been committed as collateral for open written options. The total value of assets committed as collateral as of February 28, 2026 was $134,328.

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

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

(f) Represents less than 0.05% of net assets.

(g) 100 shares per contract.

(h) The rate shown represents the 7-day annualized yield as of February 28, 2026.

------

---

| | | | |
|:---|:---|:---|:---|
| **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** |
| **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** |
| **WRITTEN OPTIONS<sup>(b)</sup> - (0.1)%** | **Notional Amount** | **Contracts<sup>(a)</sup>** | **Value** |
| **Written Call Options - (0.1)%** | **Written Call Options - (0.1)%** | **Written Call Options - (0.1)%** | **Written Call Options - (0.1)%** |
| DraftKings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expiration: 03/20/2026; Exercise Price: $27.50 | $(119200) | (50) | $(1500) |
| East West Bancorp, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $130.00 | (273625) | (25) | (3188) |
| Equinox Gold Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $20.00 | (93800) | (50) | (3250) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $22.50 | (93800) | (50) | (1100) |
| Halozyme Therapeutics, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $80.00 | (173825) | (25) | (400) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $90.00 | (173825) | (25) | (125) |
| Herc Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $175.00 | (139790) | (10) | (1375) |
| iShares Russell 2000 ETF |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/06/2026; Exercise Price: $271.00 | (653525) | (25) | (800) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/06/2026; Exercise Price: $276.00 | (653525) | (25) | (125) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/13/2026; Exercise Price: $275.00 | (653525) | (25) | (1075) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/13/2026; Exercise Price: $278.00 | (653525) | (25) | (500) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $281.00 | (653525) | (25) | (675) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/27/2026; Exercise Price: $285.00 | (653525) | (25) | (700) |
| KB Home |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $75.00 | (158950) | (25) | (500) |
| Lazard, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $60.00 | (253000) | (50) | (500) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 04/17/2026; Exercise Price: $60.00 | (101200) | (20) | (800) |
| New York Times Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $80.00 | (159580) | (20) | (4080) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $85.00 | (319160) | (40) | (1400) |
| Okta, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/06/2026; Exercise Price: $100.00 | (72500) | (10) | (175) |
| Regal Rexnord Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $250.00 | (220980) | (10) | (1625) |
| Toll Brothers, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $180.00 | (157240) | (10) | (525) |
| Western Alliance Bancorp |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expiration: 03/20/2026; Exercise Price: $105.00 | (200800) | (25) | (375) |
| Total Written Call Options |  |  | (24793) |
| **TOTAL WRITTEN OPTIONS** (Premiums received $26,093) |  |  | $(24793) |
| <br> ETF – Exchange Traded Fund | <br> ETF – Exchange Traded Fund | <br> ETF – Exchange Traded Fund | <br> ETF – Exchange Traded Fund |

---

(a) 100 shares per contract.

(b) Non-income producing security.

------

#### Summary of Fair Value Disclosure as of February 28, 2026 (Unaudited)
Infrastructure Capital Small Cap Income ETF (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. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

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 following is a summary of the fair valuation hierarchy of the Fund's securities as of February 28, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<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 | $20058691 | $– | $– | $20058691 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | 997931 | – | – | 997931 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Convertible Preferred Stocks | 965074 | – | – | 965074 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Baby Bonds | 46446 | – | – | 46446 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 31892 | – | – | 31892 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | 4800 | 2550 | – | 7350 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 495 | – | – | 495 |
| Total Investments | $22105329 | $2550 | $– | $22107879 |
| **Liabilities:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | $(14730) | $(10063) | $– | $(24793) |
| Total Investments | $(14730) | $(10063) | $– | $(24793) |
| As of the period ended February 28, 2026, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. Refer to the Fund's Schedule of Investments for further information on the classification of investments. | As of the period ended February 28, 2026, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. Refer to the Fund's Schedule of Investments for further information on the classification of investments. | As of the period ended February 28, 2026, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. Refer to the Fund's Schedule of Investments for further information on the classification of investments. | As of the period ended February 28, 2026, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. Refer to the Fund's Schedule of Investments for further information on the classification of investments. | As of the period ended February 28, 2026, the Fund did not hold any Level 3 securities, nor were there any transfers into or out of Level 3. Refer to the Fund's 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:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $22375538.84

**Total Liabilities:** $3000727.44

**Net Assets:** $19374811.40

**Cash Not Reported:** $106109.90

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246671 | 1.21%                | 3.08%                | 1.51%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $107463.52               | $63286.82                                  |
| Month 2  | $198046.78               | $298567.89                                 |
| Month 3  | $799002.43               | $-570897.78                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| New York Times Co/The          | New York Times Co/The                      | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |      8082 | NS      | $644862.78    | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group Inc  | Northwestern Energy Group Inc              | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |      8650 | NS      | $605154.00    | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Equinox Gold Corp                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -50 | NC      | $-3250.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Equinox Gold Corp                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -50 | NC      | $-1100.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric PLC             | nVent Electric PLC                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | GB        |        47 | NS      | $5562.92      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Halozyme Therapeutics Inc                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-400.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Western Union Co/The           | Western Union Co/The                       | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |     46387 | NS      | $446706.81    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| WHIRLPOOL CORP                 | Whirlpool Corp                             | CUSIP: 963320205<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EP               | CORP              | US        |      3500 | NS      | $174475.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts Ltd               | Wynn Resorts Ltd                           | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |      6039 | NS      | $653359.41    | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Halozyme Therapeutics Inc                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-125.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Herc Holdings Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-1375.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        25 | NC      | $12.50        | 0.00%             |  |  |  | No            |                  2 | 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        |       -25 | NC      | $-125.00      | -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      | $-500.00      | -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      | $-675.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       200 | NC      | $400.00       | 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      | $-700.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       100 | NC      | $1800.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       200 | NC      | $1600.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       200 | NC      | $1000.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       300 | NC      | $2550.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | KB Home                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-500.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Lazard Inc                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -50 | NC      | $-500.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Lazard Inc                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -20 | NC      | $-800.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | New York Times Co/The                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -20 | NC      | $-4080.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | New York Times Co/The                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -40 | NC      | $-1400.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Okta Inc                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-10.00       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Okta Inc                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-175.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AGNC Investment Corp           | AGNC Investment Corp                       | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               | CORP              | US        |     42072 | NS      | $471627.12    | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG MORTGAGE INVEST TR         | TPG Mortgage Investment Trust Inc          | CUSIP: 001228303<br>LEI: 549300SNP0PBR2XTFR48 | Long             | EP               | CORP              | US        |      4573 | NS      | $105453.38    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetik Holdings Inc           | Kinetik Holdings Inc                       | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       424 | NS      | $19287.76     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                    | GoDaddy Inc                                | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      3851 | NS      | $335653.16    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc      | Halozyme Therapeutics Inc                  | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      8434 | NS      | $586416.02    | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc              | Herc Holdings Inc                          | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |      1522 | NS      | $212760.38    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc             | Houlihan Lokey Inc                         | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      1810 | NS      | $296423.70    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP           | AGNC Investment Corp                       | CUSIP: 00123Q609<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |     10963 | NS      | $273417.22    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| AdvanSix Inc                   | AdvanSix Inc                               | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |     14748 | NS      | $262956.84    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT       | Apollo Global Management Inc               | CUSIP: 03769M304<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |      6632 | NS      | $371789.92    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp                    | Avient Corp                                | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |      9568 | NS      | $392957.76    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Braemar Hotels & Resorts Inc   | Braemar Hotels & Resorts Inc               | CUSIP: 10482B101<br>LEI: 549300JDUUEBN868C776 | Long             | EC               | CORP              | US        |    224658 | NS      | $653754.78    | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Celsius Holdings Inc           | Celsius Holdings Inc                       | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12039 | NS      | $645410.79    | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp                    | CUSIP: 16934Q406<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |     10375 | NS      | $245265.00    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc                 | DraftKings Inc                             | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |     16493 | NS      | $393193.12    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc          | East West Bancorp Inc                      | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |      7085 | NS      | $775453.25    | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinox Gold Corp              | Equinox Gold Corp                          | CUSIP: 29446Y502<br>LEI: 5493005IN4V1SNP9PN75 | Long             | EC               | CORP              | CA        |     12802 | NS      | $240165.52    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund   | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |     10307 | NS      | $10306.59     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |     10307 | NS      | $10306.59     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc           | Generac Holdings Inc                       | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |       425 | NS      | $95782.25     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Net Lease Inc           | Global Net Lease Inc                       | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               | CORP              | US        |     99167 | NS      | $934153.14    | 4.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp              | Chord Energy Corp                          | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |      5465 | NS      | $592242.05    | 3.06%             |  |  |  | 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        |     14914 | NS      | $756885.50    | 3.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries  | Huntington Ingalls Industries Inc          | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      1850 | NS      | $822362.00    | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Russell 2000 ETF       | iShares Russell 2000 ETF                   | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Long             | EC               | RF                | US        |       122 | NS      | $31892.02     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & CO INC                   | KKR & Co Inc                               | CUSIP: 48251W500<br>LEI: 54930013V5I303TF9571 | Long             | EP               | CORP              | US        |     10552 | NS      | $418808.88    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Home                        | KB Home                                    | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     10130 | NS      | $644065.40    | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp             | Kilroy Realty Corp                         | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |     13312 | NS      | $396963.84    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands Inc             | Kontoor Brands Inc                         | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |      4514 | NS      | $294357.94    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Inc                     | Lazard Inc                                 | CUSIP: 52110M109<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | US        |      7391 | NS      | $373984.60    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Inc                        | MKS Inc                                    | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |      1550 | NS      | $378913.00    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Rithm Capital Corp             | Rithm Capital Corp                         | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               | CORP              | US        |     27723 | NS      | $278616.15    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                       | Okta Inc                                   | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |      5948 | NS      | $431230.00    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Genius Sports Ltd              | Genius Sports Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | GB        |     26000 | NS      | $161460.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp                | Otter Tail Corp                            | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6794 | NS      | $578169.40    | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts Inc      | Park Hotels & Resorts Inc                  | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |     23107 | NS      | $261340.17    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                    | Popular Inc                                | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |      3726 | NS      | $504351.36    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank/Los Angeles CA  | Preferred Bank/Los Angeles CA              | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |      5513 | NS      | $483600.36    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| REDWOOD TRUST INC              | Redwood Trust Inc                          | CUSIP: 758075865<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | DBT              | CORP              | US        |      1885 | NS      | $46446.40     | 0.24%             | 2030-03-01      | Fixed         | 9.13%                 | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp             | Regal Rexnord Corp                         | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |      1840 | NS      | $406603.20    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc           | SPX Technologies Inc                       | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |       801 | NS      | $181778.94    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| StandardAero Inc               | StandardAero Inc                           | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23618 | NS      | $727434.40    | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc               | StoneX Group Inc                           | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |      6436 | NS      | $820590.00    | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers Inc              | Toll Brothers Inc                          | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      3916 | NS      | $615751.84    | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions Inc            | Viavi Solutions Inc                        | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |     18355 | NS      | $545327.05    | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp       | Western Alliance Bancorp                   | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |      3349 | NS      | $268991.68    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | DraftKings Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -50 | NC      | $-1500.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | East West Bancorp Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-3187.50     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| JFrog Ltd                      | JFrog Ltd                                  | CUSIP: N/A<br>LEI: 2549002N8E00AY49G567       | Long             | EC               | CORP              | US        |      4962 | NS      | $199224.30    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Brighthouse Financial Inc      | Brighthouse Financial Inc                  | CUSIP: 10922N103<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EC               | CORP              | US        |      1529 | NS      | $91709.42     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc                  | CUSIP: 10922N509<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |     12919 | NS      | $220527.33    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc                  | CUSIP: 10922N707<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |     11163 | NS      | $153267.99    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc     | Casey's General Stores Inc                 | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |       933 | NS      | $639655.47    | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Regal Rexnord Corp                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-1625.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Toll Brothers Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-525.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Western Alliance Bancorp                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-375.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-16

**Name of Applicant:** Series Portfolios Trust

**Signature:** /s/Ryan Roell

**Name of Signer:** Series Portfolios Trust

**Title:** President