# EDGAR Filing Document

**Accession Number:** 0001872253
**File Stem:** 0000940400-26-007102
**Filing Date:** 2026-2
**Character Count:** 54639
**Document Hash:** 0850af770e4e5814239c884bd3887219
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-007102.hdr.sgml**: 20260223

**ACCESSION NUMBER**: 0000940400-26-007102

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260223

**DATE AS OF CHANGE**: 20260223

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Total Fund Solution
- **CENTRAL INDEX KEY:** 0001872253

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23724
- **FILM NUMBER:** 26664206

**BUSINESS ADDRESS:**
- **STREET 1:** 810 GLENEAGLES CT
- **STREET 2:** SUITE 106
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21286
- **BUSINESS PHONE:** 703-608-3499

**MAIL ADDRESS:**
- **STREET 1:** 810 GLENEAGLES CT
- **STREET 2:** SUITE 106
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21286

## Series and Classes Contracts Data

### Cromwell Long Short Fund (Series ID: S000074017)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000231342 | Investor Class      | MFADX           |
| C000231343 | Institutional Class | MFLDX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Total Fund Solution

- **b. Investment Company Act file number:** 811-23724

- **c. CIK number of Registrant:** 0001872253

- **d. LEI of Registrant:** 549300CL4E1CB85QJL55

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

  - **Street Address 1:** 615 E. MICHIGAN STREET

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 626-914-7363

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

- **a. Name of Series:** Cromwell Long Short Fund

- **b. EDGAR series identifier (if any):** S000074017

- **c. LEI of Series:** 549300QKPPPUH1ZCE572

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $103805751.98

**Total Liabilities:** $13596904.03

**Net Assets:** $90208847.95

**Cash Not Reported:** $215599.56

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000231342 | 1.93%                | 0.57%                | -0.43%               |
| Class ID C000231343 | 1.96%                | 0.59%                | -0.38%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-289809.73              | $2047746.73                                |
| Month 2  | $311054.29               | $209003.64                                 |
| Month 3  | $1347568.69              | $-1655380.55                               |

**Designated Index Information**

- **Index Name:** Russell 1000

- **Index Identifier:** RU1000

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Trane Technologies PLC                            | Trane Technologies PLC                            | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      1258 | NS      | $489613.60    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                                           | Dow Inc                                           | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Short            | EC               | CORP              | US        |     -7560 | NS      | $-176752.80   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Warner Music Group Corp                           | Warner Music Group Corp                           | CUSIP: 934550203<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -6549 | NS      | $-200857.83   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| GMK Norilskiy Nickel PAO                          | GMK Norilskiy Nickel PAO                          | CUSIP: 55315J102<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |    105916 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Caesars Entertainment Inc                         | Caesars Entertainment Inc                         | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Short            | EC               | CORP              | US        |     -9236 | NS      | $-216030.04   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                                     | Amphenol Corp                                     | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      7220 | NS      | $975710.80    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                                    | CBRE Group Inc                                    | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      8339 | NS      | $1340827.81   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologie                    | Applied Industrial Technologies Inc               | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      3646 | NS      | $936183.42    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                                  | RBC Bearings Inc                                  | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1159 | NS      | $519730.37    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                      | Danaher Corp                                      | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      2276 | NS      | $521021.92    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                    | Microsoft Corp                                    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     12849 | NS      | $6214033.38   | 6.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                      | Broadcom Inc                                      | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      6550 | NS      | $2266955.00   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                          | AT&T Inc                                          | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     21643 | NS      | $537612.12    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit WestRock PLC                              | Smurfit WestRock PLC                              | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Short            | EC               | CORP              | IE        |     -4877 | NS      | $-188593.59   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Under Armour Inc                                  | Under Armour Inc                                  | CUSIP: 904311107<br>LEI: 549300D4549QKWETZ406 | Short            | EC               | CORP              | US        |    -39733 | NS      | $-197473.01   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                          | Ameriprise Financial Inc                          | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      1376 | NS      | $674707.84    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                               | Gilead Sciences Inc                               | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      7830 | NS      | $961054.20    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                                 | EOG Resources Inc                                 | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      5788 | NS      | $607797.88    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                                    | NRG Energy Inc                                    | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      9637 | NS      | $1534595.88   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial In                    | Fidelity National Financial Inc                   | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Short            | EC               | CORP              | US        |     -4009 | NS      | $-218851.31   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc                        | LPL Financial Holdings Inc                        | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      2120 | NS      | $757200.40    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON Inc                                          | AAON Inc                                          | CUSIP: 000360206<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -2148 | NS      | $-163785.00   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                                       | Avantor Inc                                       | CUSIP: 05352A100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -19949 | NS      | $-228615.54   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                          | Crowdstrike Holdings Inc                          | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      1317 | NS      | $617356.92    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                        | Watsco Inc                                        | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Short            | EC               | CORP              | US        |      -495 | NS      | $-166790.25   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                             | Costco Wholesale Corp                             | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       676 | NS      | $582941.84    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Joby Aviation Inc                                 | Joby Aviation Inc                                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -11102 | NS      | $-146546.40   | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Moderna Inc                                       | Moderna Inc                                       | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Short            | EC               | CORP              | US        |     -7771 | NS      | $-229166.79   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton Inc                                     | DR Horton Inc                                     | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      3297 | NS      | $474866.91    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                                     | On Holding AG                                     | CUSIP: 000000000<br>LEI: 506700FB3467B9W95526 | Short            | EC               | CORP              | CH        |     -4869 | NS      | $-226311.12   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                                    | Starbucks Corp                                    | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Short            | EC               | CORP              | US        |     -2657 | NS      | $-223745.97   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                        | Intuit Inc                                        | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      2000 | NS      | $1324840.00   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Biohaven Ltd                                      | Biohaven Ltd                                      | CUSIP: 000000000<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -22657 | NS      | $-255797.53   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Stellantis NV                                     | Stellantis NV                                     | CUSIP: 000000000<br>LEI: 549300LKT9PW7ZIBDF31 | Short            | EC               | CORP              | NL        |    -23629 | NS      | $-257319.81   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| IFF                                               | International Flavors & Fragrances Inc            | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Short            | EC               | CORP              | US        |     -3324 | NS      | $-224004.36   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                           | Bristol-Myers Squibb Co                           | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     10728 | NS      | $578668.32    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands Inc                               | BellRing Brands Inc                               | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Short            | EC               | CORP              | US        |     -6805 | NS      | $-181897.65   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group Inc                                  | Zillow Group Inc                                  | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Short            | EC               | CORP              | US        |     -2638 | NS      | $-179964.36   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| F&G Annuities & Life Inc                          | F&G Annuities & Life Inc                          | CUSIP: 30190A104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -6608 | NS      | $-203842.61   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc                                 | Hamilton Lane Inc                                 | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Short            | EC               | CORP              | US        |     -1420 | NS      | $-190720.20   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                 | Johnson & Johnson                                 | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      8540 | NS      | $1767353.00   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                                   | McDonald's Corp                                   | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      1473 | NS      | $450192.99    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                          | KLA Corp                                          | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       487 | NS      | $591743.96    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Treasury Obligations Cash Management Fund | Dreyfus Treasury Obligations Cash Management Fund | CUSIP: 261908107<br>LEI: 549300MKKM9KT7BF6329 | Long             | STIV             | RF                | US        |  14556326 | NS      | $14556325.86  | 16.14%            |  |  |  | No            |                  2 | On Loan: No      |
| VANECK VECTORS RUSSIA ETF                         | VANECK VECTORS RUSSIA ETF                         | CUSIP: 92189F403<br>LEI: 549300FPRVRCCMKQFC88 | Long             | EC               | RF                | US        |     81903 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Devon Energy Corp                                 | Devon Energy Corp                                 | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     18383 | NS      | $673369.29    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                         | Adobe Inc                                         | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      2349 | NS      | $822126.51    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                        | AbbVie Inc                                        | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      5361 | NS      | $1224934.89   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                                 | Lam Research Corp                                 | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      6387 | NS      | $1093326.66   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                                   | Caterpillar Inc                                   | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      2606 | NS      | $1492899.22   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                    | Mastercard Inc                                    | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3369 | NS      | $1923294.72   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarepta Therapeutics Inc                          | Sarepta Therapeutics Inc                          | CUSIP: 803607100<br>LEI: 549300IKDPIED8J8IG21 | Short            | EC               | CORP              | US        |    -10502 | NS      | $-226003.04   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                                       | Lennar Corp                                       | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Short            | EC               | CORP              | US        |     -2187 | NS      | $-224823.60   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                                  | Carlisle Cos Inc                                  | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      1224 | NS      | $391508.64    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                      | Thermo Fisher Scientific Inc                      | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1591 | NS      | $921904.95    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                            | Roper Technologies Inc                            | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |       728 | NS      | $324054.64    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                              | Taiwan Semiconductor Manufacturing Co Ltd         | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      1503 | NS      | $456746.67    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                     | Hilton Worldwide Holdings Inc                     | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      3109 | NS      | $893060.25    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                      | Alphabet Inc                                      | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     16004 | NS      | $5009252.00   | 5.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap Inc                                          | Snap Inc                                          | CUSIP: 83304A106<br>LEI: 549300JNC0L6VP8A2Q35 | Short            | EC               | CORP              | US        |    -22574 | NS      | $-182172.18   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises Inc                           | Insight Enterprises Inc                           | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Short            | EC               | CORP              | US        |     -1361 | NS      | $-110880.67   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                                   | Cigna Group/The                                   | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      1549 | NS      | $426331.27    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In                    | Philip Morris International Inc                   | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      8007 | NS      | $1284322.80   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corp                           | Texas Pacific Land Corp                           | CUSIP: 88262P102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -789 | NS      | $-226616.58   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corp                                       | Kemper Corp                                       | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Short            | EC               | CORP              | US        |     -4189 | NS      | $-169822.06   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Inc                                      | Teleflex Inc                                      | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Short            | EC               | CORP              | US        |     -1810 | NS      | $-220892.40   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                              | Booking Holdings Inc                              | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       205 | NS      | $1097842.65   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                            | IDEXX Laboratories Inc                            | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      1626 | NS      | $1100037.78   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc                              | Blue Owl Capital Inc                              | CUSIP: 09581B103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -15337 | NS      | $-229134.78   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods Inc                                 | Flowers Foods Inc                                 | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Short            | EC               | CORP              | US        |    -13463 | NS      | $-146477.44   | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                               | JPMorgan Chase & Co                               | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      9564 | NS      | $3081712.08   | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                                   | EMCOR Group Inc                                   | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      1310 | NS      | $801444.90    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group Inc                                    | Cava Group Inc                                    | CUSIP: 148929102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -3781 | NS      | $-221906.89   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corp                                     | Westlake Corp                                     | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Short            | EC               | CORP              | US        |     -2615 | NS      | $-193353.10   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Americold Realty Trust Inc                        | Americold Realty Trust Inc                        | CUSIP: 03064D108<br>LEI: 894500O3S3W62PQPO460 | Short            | EC               | CORP              | US        |    -18136 | NS      | $-233228.96   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc                          | Builders FirstSource Inc                          | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      3548 | NS      | $365053.72    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                                       | Waters Corp                                       | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Short            | EC               | CORP              | US        |      -610 | NS      | $-231696.30   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| MakeMyTrip Ltd                                    | MakeMyTrip Ltd                                    | CUSIP: 000000000<br>LEI: 529900DNT8HNJ7RYUO60 | Short            | EC               | CORP              | IN        |     -2985 | NS      | $-245128.20   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                          | Visa Inc                                          | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      7022 | NS      | $2462685.62   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                    | Amazon.com Inc                                    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     15303 | NS      | $3532238.46   | 3.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                    | Eli Lilly & Co                                    | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       715 | NS      | $768396.20    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                        | Deere & Co                                        | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      1424 | NS      | $662971.68    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Lineage Inc                                       | Lineage Inc                                       | CUSIP: 53566V106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -4787 | NS      | $-167545.00   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                                        | Ecolab Inc                                        | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      2029 | NS      | $532653.08    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Revvity Inc                                       | Revvity Inc                                       | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Short            | EC               | CORP              | US        |     -2482 | NS      | $-240133.50   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                                | Crown Holdings Inc                                | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      6062 | NS      | $624204.14    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                                      | Entergy Corp                                      | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |      6837 | NS      | $631943.91    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Ho                    | Knight-Swift Transportation Holdings Inc          | CUSIP: 499049104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -4953 | NS      | $-258942.84   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                              | Invitation Homes Inc                              | CUSIP: 46187W107<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -6191 | NS      | $-172047.89   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet Inc                                      | Freshpet Inc                                      | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Short            | EC               | CORP              | US        |     -3131 | NS      | $-190771.83   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                             | East West Bancorp Inc                             | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |      4298 | NS      | $483052.22    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                             | NXP Semiconductors NV                             | CUSIP: 000000000<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |      2765 | NS      | $600170.90    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc                          | Constellation Brands Inc                          | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Short            | EC               | CORP              | US        |     -1781 | NS      | $-245706.76   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                                | Home Depot Inc/The                                | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      2363 | NS      | $813108.30    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc                       | Alnylam Pharmaceuticals Inc                       | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |      1890 | NS      | $751558.50    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                        | Verizon Communications Inc                        | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     18226 | NS      | $742344.98    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers Inc                                 | Toll Brothers Inc                                 | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      4470 | NS      | $604433.40    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                                        | Reddit Inc                                        | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |      3100 | NS      | $712597.00    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                              | Parker-Hannifin Corp                              | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       967 | NS      | $849954.32    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                             | Waste Connections Inc                             | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Short            | EC               | CORP              | CA        |     -1256 | NS      | $-220252.16   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                       | NVIDIA Corp                                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     37114 | NS      | $6921761.00   | 7.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                               | Coinbase Global Inc                               | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Short            | EC               | CORP              | US        |      -541 | NS      | $-122341.74   | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Vaxcyte Inc                                       | Vaxcyte Inc                                       | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Short            | EC               | CORP              | US        |     -4630 | NS      | $-213628.20   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                | Meta Platforms Inc                                | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      1568 | NS      | $1035021.12   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp                                 | Ralph Lauren Corp                                 | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      2811 | NS      | $993997.71    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                                      | DoorDash Inc                                      | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Short            | EC               | CORP              | US        |      -985 | NS      | $-223082.80   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                        | Zimmer Biomet Holdings Inc                        | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Short            | EC               | CORP              | US        |     -1902 | NS      | $-171027.84   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                         | Apple Inc                                         | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     14343 | NS      | $3899287.98   | 4.32%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                                       | CDW Corp/DE                                       | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Short            | EC               | CORP              | US        |     -1115 | NS      | $-151863.00   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting Inc                                | FTI Consulting Inc                                | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Short            | EC               | CORP              | US        |     -1346 | NS      | $-229937.18   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc                                       | Equifax Inc                                       | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Short            | EC               | CORP              | US        |      -802 | NS      | $-174017.96   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                                        | AMETEK Inc                                        | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      5929 | NS      | $1217282.99   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                        | Diageo PLC                                        | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Short            | EC               | CORP              | GB        |     -1800 | NS      | $-155286.00   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc                              | Generac Holdings Inc                              | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Short            | EC               | CORP              | US        |     -1469 | NS      | $-200327.53   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| elf Beauty Inc                                    | elf Beauty Inc                                    | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Short            | EC               | CORP              | US        |     -3091 | NS      | $-235039.64   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                                | Union Pacific Corp                                | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      4721 | NS      | $1092061.72   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                    | ConocoPhillips                                    | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      8682 | NS      | $812722.02    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp                                     | M&T Bank Corp                                     | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |      2166 | NS      | $436405.68    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellebrite DI Ltd                                 | Cellebrite DI Ltd                                 | CUSIP: 000000000<br>LEI: 254900G03462YGP1IO36 | Short            | EC               | CORP              | IL        |    -13357 | NS      | $-240826.71   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods Inc                         | Dick's Sporting Goods Inc                         | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Short            | EC               | CORP              | US        |     -1020 | NS      | $-201929.40   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd                            | Arch Capital Group Ltd                            | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     10036 | NS      | $962653.12    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc                       | Ryan Specialty Holdings Inc                       | CUSIP: 78351F107<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -3351 | NS      | $-173012.13   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                      | Chevron Corp                                      | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6270 | NS      | $955610.70    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Cruise Line Holdings                    | Norwegian Cruise Line Holdings Ltd                | CUSIP: 000000000<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -10083 | NS      | $-225052.56   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc                                      | AutoZone Inc                                      | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       134 | NS      | $454461.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc                                    | DraftKings Inc                                    | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Short            | EC               | CORP              | US        |     -6572 | NS      | $-226471.12   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technolog                    | Check Point Software Technologies Ltd             | CUSIP: 000000000<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |      4601 | NS      | $853761.56    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                              | Colgate-Palmolive Co                              | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     11497 | NS      | $908492.94    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                                  | Badger Meter Inc                                  | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Short            | EC               | CORP              | US        |     -1177 | NS      | $-205280.57   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The                                | Trade Desk Inc/The                                | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Short            | EC               | CORP              | US        |     -4141 | NS      | $-157192.36   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                             | Applied Materials Inc                             | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      3124 | NS      | $802836.76    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                                | Ingersoll Rand Inc                                | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Short            | EC               | CORP              | US        |     -2602 | NS      | $-206130.44   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                    | Salesforce Inc                                    | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      2400 | NS      | $635784.00    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                            | Berkshire Hathaway Inc                            | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      1375 | NS      | $691143.75    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                             | Micron Technology Inc                             | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      1118 | NS      | $319088.38    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcellx Inc                                       | Arcellx Inc                                       | CUSIP: 03940C100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -2766 | NS      | $-180343.20   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ Inc                                          | CBIZ Inc                                          | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Short            | EC               | CORP              | US        |     -3418 | NS      | $-172438.10   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp                           | Marathon Petroleum Corp                           | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      3430 | NS      | $557820.90    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                                     | Insperity Inc                                     | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Short            | EC               | CORP              | US        |     -5975 | NS      | $-231352.00   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                                    | ServiceNow Inc                                    | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      4615 | NS      | $706971.85    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc                    | Air Products and Chemicals Inc                    | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Short            | EC               | CORP              | US        |      -762 | NS      | $-188229.24   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                    | Morgan Stanley                                    | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      6602 | NS      | $1172053.06   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Five9 Inc                                         | Five9 Inc                                         | CUSIP: 338307101<br>LEI: 254900MXP6EWY0SFFR59 | Short            | EC               | CORP              | US        |    -11193 | NS      | $-224419.65   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                         | Tesla Inc                                         | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       985 | NS      | $442974.20    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc                          | Procore Technologies Inc                          | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Short            | EC               | CORP              | US        |     -2964 | NS      | $-215601.36   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corp                             | Twist Bioscience Corp                             | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Short            | EC               | CORP              | US        |     -6204 | NS      | $-196790.88   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-21

**Name of Applicant:** Total Fund Solution

**Signature:** Brian Nelson

**Name of Signer:** Brian Nelson

**Title:** Treasurer, Principal Financial Officer