# EDGAR Filing Document

**Accession Number:** 0001592900
**File Stem:** 0001592900-26-001836
**Filing Date:** 2026-4
**Character Count:** 23127
**Document Hash:** 1f6c985865b257d6d0175c40868be809
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001592900-26-001836.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001592900-26-001836

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260227

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EA Series Trust
- **CENTRAL INDEX KEY:** 0001592900

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22961
- **FILM NUMBER:** 26911940

**BUSINESS ADDRESS:**
- **STREET 1:** 3803 WEST CHESTER PIKE, SUITE 150
- **CITY:** NEWTOWN SQUARE
- **STATE:** PA
- **ZIP:** 19073
- **BUSINESS PHONE:** 1.215.882.9983

**MAIL ADDRESS:**
- **STREET 1:** 3803 WEST CHESTER PIKE, SUITE 150
- **CITY:** NEWTOWN SQUARE
- **STATE:** PA
- **ZIP:** 19073

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Alpha Architect ETF Trust
- **DATE OF NAME CHANGE:** 20140428

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Empowered Funds ETF Trust
- **DATE OF NAME CHANGE:** 20131125

## Series and Classes Contracts Data

### ARS Core Equity Portfolio ETF (Series ID: S000092982)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000261036 | ARS Core Equity Portfolio ETF | ACEP            |

## Nport-Ex

---

| |
|:---|
| **ARS CORE EQUITY PORTFOLIO ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **COMMON STOCKS - 91.1%**  | | |
| **<u>Communication Services</u> - 1.6%**  | | |
| **Cable & Satellite - 0.1%**  |  |  |
| Versant Media Group, Inc. <sup>(a)</sup> | 1737 | $57877 |
| **Integrated Telecommunication Services - 1.5%**  |  |  |
| Comcast Corp. - Class A  | 43501 | 1346791 |
| **Total Communication Services** |  | 1404668 |
| **<u>Consumer Discretionary</u> - 1.4%**  |  |  |
| **Restaurants - 1.4%**  |  |  |
| McDonald's Corp.  | 3542 | 1208034 |
| **<u>Consumer Staples</u> - 3.5%**  |  |  |
| **Consumer Staples Merchandise Retail - 3.5%**  |  |  |
| Walmart, Inc.  | 24443 | 3127482 |
| **<u>Energy</u> - 11.0%**  |  |  |
| **Integrated Oil & Gas - 2.4%**  |  |  |
| Chevron Corp.  | 11696 | 2184345 |
| **Oil & Gas Exploration & Production - 2.4%**  |  |  |
| EOG Resources, Inc.  | 17356 | 2153532 |
| **Oil & Gas Storage & Transportation - 6.2%**  |  |  |
| Golar LNG Ltd.  | 59355 | 2638924 |
| Targa Resources Corp.  | 12424 | 2929579 |
|  |  | 5568503 |
| **Total Energy** |  | 9906380 |
| **<u>Financials</u> - 11.7%**  |  |  |
| **Asset Management & Custody Banks - 5.3%**  |  |  |
| Blackrock, Inc.  | 2243 | 2384825 |
| Blackstone, Inc.  | 20844 | 2363084 |
|  |  | 4747909 |
| **Diversified Banks - 3.6%**  |  |  |
| JPMorgan Chase & Co.  | 10664 | 3202399 |
| **Insurance Brokers - 2.8%**  |  |  |
| Arthur J Gallagher & Co.  | 10981 | 2505865 |
| **Total Financials** |  | 10456173 |

---

------

---

| |
|:---|
| **ARS CORE EQUITY PORTFOLIO ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **<u>Health Care</u> - 7.1%**  | |  |
| **Pharmaceuticals - 7.1%**  |  |  |
| Bristol-Myers Squibb Co.  | 37213 | $2320975 |
| Johnson & Johnson  | 10497 | 2607770 |
| Novo Nordisk AS - ADR  | 39145 | 1465980 |
| **Total Health Care** |  | 6394725 |
| **<u>Industrials</u> - 12.1%**  |  |  |
| **Aerospace & Defense - 5.9%**  |  |  |
| Northrop Grumman Corp.  | 3189 | 2310048 |
| RTX Corp.  | 14586 | 2955415 |
|  |  | 5265463 |
| **Industrial Conglomerates - 1.7%**  |  |  |
| Honeywell International, Inc.  | 6441 | 1568963 |
| **Industrial Machinery & Supplies & Components - 4.5%**  |  |  |
| Parker-Hannifin Corp.  | 3978 | 4014518 |
| **Total Industrials** |  | 10848944 |
| **<u>Information Technology</u> - 29.7%** <sup>(b)</sup> |  |  |
| **Semiconductor Materials & Equipment - 11.6%**  |  |  |
| KLA Corp.  | 2918 | 4448637 |
| Lam Research Corp.  | 25291 | 5915312 |
|  |  | 10363949 |
| **Semiconductors - 7.5%**  |  |  |
| Analog Devices, Inc.  | 4990 | 1775392 |
| Broadcom, Inc.  | 9536 | 3047229 |
| QUALCOMM, Inc.  | 13540 | 1927554 |
|  |  | 6750175 |
| **Systems Software - 1.8%**  |  |  |
| Microsoft Corp.  | 4199 | 1649115 |
| **Technology Hardware, Storage & Peripherals - 8.8%**  |  |  |
| Apple, Inc.  | 7063 | 1865903 |
| Hewlett Packard Enterprise Co.  | 54872 | 1178102 |
| Seagate Technology Holdings PLC  | 11896 | 4851665 |
|  |  | 7895670 |
| **Total Information Technology** |  | 26658909 |
| **<u>Materials</u> - 13.0%**  |  |  |
| **Commodity Chemicals - 0.2%**  |  |  |
| Olin Corp.  | 8733 | 221556 |

---

------

---

| |
|:---|
| **ARS CORE EQUITY PORTFOLIO ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **Construction Materials - 3.4%**  |  |  |
| CRH PLC  | 25349 | $3041373 |
| **Copper - 3.5%**  |  |  |
| Freeport-McMoRan, Inc.  | 46254 | 3148973 |
| **Gold - 5.9%**  |  |  |
| Newmont Corp.  | 40616 | 5280080 |
| **Total Materials** |  | 11691982 |
| **TOTAL COMMON STOCKS** (Cost $48,136,446) |  | 81697297 |
| **REAL ESTATE INVESTMENT TRUSTS - 1.9%**  |  |  |
| **<u>Real Estate</u> - 1.9%**  |  |  |
| **Telecom Tower REITs - 1.9%**  |  |  |
| Crown Castle, Inc.  | 19840 | 1776473 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $1,855,991) |  | 1776473 |
| **SHORT-TERM INVESTMENTS** |  |  |
| **MONEY MARKET FUNDS - 6.9%**  |  |  |
| First American Government Obligations Fund - Class X, 3.60% <sup>(c)</sup> | 6151943 | 6151943 |
| **TOTAL MONEY MARKET FUNDS** (Cost $6,151,943) |  | 6151943 |
| **TOTAL INVESTMENTS - 99.9% (**Cost $56,144,380**)** |  | $89625713 |
| Other Assets in Excess of Liabilities - 0.1%  |  | 60972 |
| **TOTAL NET ASSETS - 100.0%** |  | $89686685 |

---

Percentages are stated as a percent of net assets.

---

| |
|:---|
| ADR - American Depositary Receipt |
| PLC - Public Limited Company |
| REIT - Real Estate Investment Trust |

---

(a) <br> Non-income producing security.

(b) <br> To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.

(c) <br> The rate shown represents the 7-day annualized yield as of February 28, 2026.

The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor's Financial Services LLC ("S&P"). GICS is a service mark of MSCI, Inc. and S&P and has been licensed for use by U.S. Bank Global Fund Services.

------

**ARS ETFs**

**Summary of Fair Value Disclosure as of February 28, 2026 (Unaudited)**

ARS Core Equity Portfolio 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:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **DESCRIPTION** | **LEVEL 1** | **LEVEL 2** | **LEVEL 3** | **TOTAL** |
| **<u>Investments</u>** | | | | |
| &nbsp;&nbsp;Common Stocks | $81697297 | $— | $— | $81697297 |
| &nbsp;&nbsp;Real Estate Investment Trusts | 1776473 |  |  | 1776473 |
| &nbsp;&nbsp;Money Market Funds | 6151943 |  |  | 6151943 |
| **Total Investments** | $89625713 | $— | $— | $89625713 |

---

Refer to the Schedule of Investments for further disaggregation of investment categories.

During the fiscal period ended February 28, 2026, the Fund did not invest in any Level 3 investments and recognized no transfers to/from Level 3. Transfers between levels are recognized at the end of the reporting period.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-22961

- **c. CIK number of Registrant:** 0001592900

- **d. LEI of Registrant:** 5493004OW9VWINAYRX18

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

  - **Street Address 1:** 3803 West Chester Pike

  - **City:** Newtown Square

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19073

  - **Telephone number:** 2158829983

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

- **a. Name of Series:** ARS Core Equity Portfolio ETF

- **b. EDGAR series identifier (if any):** S000092982

- **c. LEI of Series:** 529900X5AYABUNM0G754

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2026-02-27

**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:** $89717327.22

**Total Liabilities:** $30641.43

**Net Assets:** $89686685.79

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261036 | 1.96%                | 8.59%                | 2.42%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $43204128.80             | $-19786817.30                              |
| Month 2  | $4.10                    | $6778805.39                                |
| Month 3  | $4688995.16              | $-345156.89                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Novo Nordisk A/S                           | Novo Nordisk A/S                           | CUSIP: 670100205<br>LEI: N/A                  | Long             | EC               | CORP              | DK        |     39145 | NS      | $1465980.25   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                               | QUALCOMM Inc                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     13540 | NS      | $1927554.40   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                       | JPMORGAN CHASE & CO.                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     10664 | NS      | $3202399.20   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                    | Bristol-Myers Squibb Co                    | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     37213 | NS      | $2320974.81   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                | Honeywell International Inc                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      6441 | NS      | $1568963.19   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                          | EOG Resources Inc                          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     17356 | NS      | $2153532.48   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                               | Chevron Corp                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11696 | NS      | $2184344.96   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp                       | Targa Resources Corp                       | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     12424 | NS      | $2929579.20   | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co              | Hewlett Packard Enterprise Co              | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     54872 | NS      | $1178101.84   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                               | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      9536 | NS      | $3047228.80   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                              | Blackrock Inc                              | CUSIP: 09290D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2243 | NS      | $2384824.89   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Versant Media Group Inc                    | Versant Media Group Inc                    | CUSIP: 925283103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1737 | NS      | $57876.84     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                    | CRH PLC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |     25349 | NS      | $3041373.02   | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Golar LNG Ltd                              | Golar LNG Ltd                              | CUSIP: N/A<br>LEI: 213800C2VSFZG3EZLO34       | Long             | EC               | CORP              | BM        |     59355 | NS      | $2638923.30   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PLC            | Seagate Technology Holdings PLC            | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | IE        |     11896 | NS      | $4851664.64   | 5.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                           | Crown Castle Inc                           | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | RE               | RF                | US        |     19840 | NS      | $1776473.60   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obligations Fund | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   6151943 | PA      | $6151942.52   | 6.86%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                   | RTX Corp                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     14586 | NS      | $2955415.32   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                | Walmart Inc                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     24443 | NS      | $3127481.85   | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                  | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      7063 | NS      | $1865903.34   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                         | Analog Devices Inc                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      4990 | NS      | $1775392.10   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co                    | Arthur J Gallagher & Co                    | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     10981 | NS      | $2505864.20   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                               | Comcast Corp                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     43501 | NS      | $1346790.96   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                             | Blackstone Inc                             | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     20844 | NS      | $2363084.28   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc                       | Freeport-McMoRan Inc                       | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     46254 | NS      | $3148972.32   | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                          | Johnson & Johnson                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     10497 | NS      | $2607769.71   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                          | Lam Research Corp                          | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     25291 | NS      | $5915311.99   | 6.60%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                            | McDonald's Corp                            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      3542 | NS      | $1208034.52   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                             | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      4199 | NS      | $1649115.26   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                               | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     40616 | NS      | $5280080.00   | 5.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                      | Northrop Grumman Corp                      | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      3189 | NS      | $2310047.82   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp                                  | Olin Corp                                  | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |      8733 | NS      | $221556.21    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                       | Parker-Hannifin Corp                       | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      3978 | NS      | $4014518.04   | 4.48%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORP                                   | KLA CORP                                   | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      2918 | NS      | $4448636.90   | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** EA Series Trust

**Signature:** /s/ Sean Hegarty

**Name of Signer:** Sean Hegarty

**Title:** Treasurer