# EDGAR Filing Document

**Accession Number:** 0001873280
**File Stem:** 0000910472-26-000424
**Filing Date:** 2026-1
**Character Count:** 27971
**Document Hash:** 9d79f60cdcec734b65c0bd7986d53e2f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-000424.hdr.sgml**: 20260126

**ACCESSION NUMBER**: 0000910472-26-000424

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260126

**DATE AS OF CHANGE**: 20260126

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Strategic Trust
- **CENTRAL INDEX KEY:** 0001873280

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23723
- **FILM NUMBER:** 26559788

**BUSINESS ADDRESS:**
- **STREET 1:** 7887 EAST BELLEVIEW AVE.,SUITE 1100
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 212-951-0499

**MAIL ADDRESS:**
- **STREET 1:** 7887 EAST BELLEVIEW AVE.,SUITE 1100
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Kelly Strategic ETF Trust
- **DATE OF NAME CHANGE:** 20210719

## Series and Classes Contracts Data

### RUNNING OAK EFFICIENT GROWTH ETF (Series ID: S000080468)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000242877 | RUNNING OAK EFFICIENT GROWTH ETF | RUNN            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **RUNNING OAK EFFICIENT GROWTH ETF** | **RUNNING OAK EFFICIENT GROWTH ETF** | **RUNNING OAK EFFICIENT GROWTH ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **November 30, 2025** | **November 30, 2025** | **November 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.0%** |  |
|  | **AEROSPACE & DEFENSE - 3.5%** |  |
| 19007 | General Dynamics Corporation | &nbsp;&nbsp;&nbsp; $6493361 |
| 12812 | Teledyne Technologies, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6399850 |
|  |  | &nbsp;&nbsp; 12893211 |
|  | **APPAREL & TEXTILE PRODUCTS - 1.9%** |  |
| 78611 | Deckers Outdoor Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6920126 |
|  | **CHEMICALS - 1.8%** |  |
| 25360 | Air Products and Chemicals, Inc. | &nbsp;&nbsp;&nbsp; 6620228 |
|  | **COMMERCIAL SUPPORT SERVICES - 3.7%** |  |
| 40300 | FTI Consulting, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6574945 |
| 32519 | Republic Services, Inc. | &nbsp;&nbsp;&nbsp; 7058574 |
|  |  | &nbsp;&nbsp; 13633519 |
|  | **CONSTRUCTION MATERIALS - 1.8%** |  |
| 20785 | Carlisle Companies, Inc. | &nbsp;&nbsp;&nbsp; 6611085 |
|  | **DIVERSIFIED INDUSTRIALS - 5.2%** |  |
| 18189 | Eaton Corporation PLC | &nbsp;&nbsp;&nbsp; 6291393 |
| 33135 | Honeywell International, Inc. | &nbsp;&nbsp;&nbsp; 6368216 |
| 35069 | ITT, Inc. | &nbsp;&nbsp;&nbsp; 6458307 |
|  |  | &nbsp;&nbsp; 19117916 |
|  | **ELECTRICAL EQUIPMENT - 3.6%** |  |
| 33687 | AMETEK, Inc. | &nbsp;&nbsp;&nbsp; 6666321 |
| 60020 | nVent Electric PLC | &nbsp;&nbsp;&nbsp; 6438345 |
|  |  | &nbsp;&nbsp; 13104666 |
|  | **ENGINEERING & CONSTRUCTION - 3.3%** |  |
| 10297 | EMCOR Group, Inc. | &nbsp;&nbsp;&nbsp; 6333376 |
| 43130 | Jacobs Solutions, Inc. | &nbsp;&nbsp;&nbsp; 5814355 |
|  |  | &nbsp;&nbsp; 12147731 |
|  | **HEALTH CARE FACILITIES & SERVICES - 5.7%** |  |
| 24259 | Cigna Group | &nbsp;&nbsp;&nbsp; 6726536 |
| 40301 | ICON plc<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7455685 |
| 30127 | IQVIA Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6929511 |
|  |  | &nbsp;&nbsp; 21111732 |

---

---

| | | |
|:---|:---|:---|
| **RUNNING OAK EFFICIENT GROWTH ETF** | **RUNNING OAK EFFICIENT GROWTH ETF** | **RUNNING OAK EFFICIENT GROWTH ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **November 30, 2025** | **November 30, 2025** | **November 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.0% (Continued)** |  |
|  | **INDUSTRIAL SUPPORT SERVICES - 5.4%** |  |
| 65935 | RB Global, Inc. | &nbsp;&nbsp;&nbsp; $6474817 |
| 19150 | Watsco, Inc. | &nbsp;&nbsp;&nbsp; 6633560 |
| 7053 | WW Grainger, Inc. | &nbsp;&nbsp;&nbsp; 6690687 |
|  |  | &nbsp;&nbsp; 19799064 |
|  | **INSTITUTIONAL FINANCIAL SERVICES - 1.9%** |  |
| 43748 | Intercontinental Exchange, Inc. | &nbsp;&nbsp;&nbsp; 6881561 |
|  | **INSURANCE - 7.2%** |  |
| 26134 | Arthur J. Gallagher & Company | &nbsp;&nbsp;&nbsp; 6471301 |
| 83210 | Brown & Brown, Inc. | &nbsp;&nbsp;&nbsp; 6692580 |
| 36533 | Marsh & McLennan Companies, Inc. | &nbsp;&nbsp;&nbsp; 6701979 |
| 25700 | Primerica, Inc. | &nbsp;&nbsp;&nbsp; 6613124 |
|  |  | &nbsp;&nbsp; 26478984 |
|  | **INTERNET MEDIA & SERVICES - 2.0%** |  |
| 23307 | Alphabet, Inc., Class C | &nbsp;&nbsp;&nbsp; 7461037 |
|  | **LEISURE FACILITIES & SERVICES - 3.7%** |  |
| 38198 | Darden Restaurants, Inc. | &nbsp;&nbsp;&nbsp; 6859597 |
| 39805 | Texas Roadhouse, Inc. | &nbsp;&nbsp;&nbsp; 6975826 |
|  |  | &nbsp;&nbsp; 13835423 |
|  | **MACHINERY - 9.1%** |  |
| 11596 | Curtiss-Wright Corporation | &nbsp;&nbsp;&nbsp; 6543507 |
| 69615 | Franklin Electric Company, Inc. | &nbsp;&nbsp;&nbsp; 6623867 |
| 80784 | Graco, Inc. | &nbsp;&nbsp;&nbsp; 6659833 |
| 85147 | Ingersoll Rand, Inc. | &nbsp;&nbsp;&nbsp; 6840710 |
| 7864 | Parker-Hannifin Corporation | &nbsp;&nbsp;&nbsp; 6776409 |
|  |  | &nbsp;&nbsp; 33444326 |
|  | **MEDICAL EQUIPMENT & DEVICES - 9.1%** |  |
| 82995 | Alcon A.G. | &nbsp;&nbsp;&nbsp; 6582333 |
| 34891 | Becton Dickinson and Company | &nbsp;&nbsp;&nbsp; 6769552 |
| 26387 | ResMed, Inc. | &nbsp;&nbsp;&nbsp; 6750586 |
| 24995 | STERIS PLC | &nbsp;&nbsp;&nbsp; 6655669 |
| 18055 | Stryker Corporation | &nbsp;&nbsp;&nbsp; 6701655 |
|  |  | &nbsp;&nbsp; 33459795 |

---

---

| | | |
|:---|:---|:---|
| **RUNNING OAK EFFICIENT GROWTH ETF** | **RUNNING OAK EFFICIENT GROWTH ETF** | **RUNNING OAK EFFICIENT GROWTH ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **November 30, 2025** | **November 30, 2025** | **November 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.0% (Continued)** | |
|  | **RETAIL - DISCRETIONARY - 3.7%** | |
| 45383 | TJX Companies, Inc. | &nbsp;&nbsp;&nbsp; $6894585 |
| 119528 | Tractor Supply Company | &nbsp;&nbsp;&nbsp; 6547744 |
|  |  | &nbsp;&nbsp; 13442329 |
|  | **SOFTWARE - 5.4%** |  |
| 10155 | Intuit, Inc. | &nbsp;&nbsp;&nbsp; 6439083 |
| 14865 | Roper Technologies, Inc. | &nbsp;&nbsp;&nbsp; 6633060 |
| 78465 | SS&C Technologies Holdings, Inc. | &nbsp;&nbsp;&nbsp; 6743282 |
|  |  | &nbsp;&nbsp; 19815425 |
|  | **TECHNOLOGY SERVICES - 16.4%** |  |
| 27343 | Accenture PLC, Class A | &nbsp;&nbsp;&nbsp; 6835750 |
| 87406 | Amdocs Ltd. | &nbsp;&nbsp;&nbsp; 6684811 |
| 26202 | Automatic Data Processing, Inc. | &nbsp;&nbsp;&nbsp; 6689371 |
| 29874 | Broadridge Financial Solutions, Inc. | &nbsp;&nbsp;&nbsp; 6813961 |
| 11381 | CACI International, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7023215 |
| 24719 | FactSet Research Systems, Inc. | &nbsp;&nbsp;&nbsp; 6853837 |
| 103548 | Fiserv, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6365096 |
| 34155 | Leidos Holdings, Inc. | &nbsp;&nbsp;&nbsp; 6527020 |
| 19555 | Visa, Inc., Class A | &nbsp;&nbsp;&nbsp; 6539974 |
|  |  | &nbsp;&nbsp; 60333035 |
|  | **TRANSPORTATION & LOGISTICS - 3.6%** |  |
| 23188 | Norfolk Southern Corporation | &nbsp;&nbsp;&nbsp; 6772983 |
| 23311 | Saia, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6563445 |
|  |  | &nbsp;&nbsp; 13336428 |
|  | **TOTAL COMMON STOCKS (Cost $360,212,541)** | &nbsp;&nbsp; 360447621 |
|  | **SHORT-TERM INVESTMENTS — 2.0%** |  |
|  | **MONEY MARKET FUND - 2.0%** |  |
| 7545420 | State Street Institutional U.S. Government Money Market Fund-Opportunity Class, 3.88% (Cost $7,545,420)<sup>(b)</sup> | 7545420 |
|  | **TOTAL INVESTMENTS - 100.0% (Cost $367,757,961)** | &nbsp;&nbsp;&nbsp; $367993041 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.0%<sup>(c)</sup>** | &nbsp;&nbsp; 130341 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $368123382 |

---

---

| |
|:---|
| **RUNNING OAK EFFICIENT GROWTH ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **November 30, 2025** |

---

---

| | |
|:---|:---|
| LTD | - Limited Company |
| PLC | - Public Limited Company |

---

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> Rate disclosed is the seven-day effective yield as of November 30, 2025.

<sup>(c)</sup> Represents less than 0.05% of net assets.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Strategic Trust

- **b. Investment Company Act file number:** 811-23723

- **c. CIK number of Registrant:** 0001873280

- **d. LEI of Registrant:** 549300DBTMGXJIJI8N21

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

  - **Street Address 1:** 7887 East Belleview Ave.

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80111

  - **Telephone number:** 303-499-1959

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

- **a. Name of Series:** Running Oak Efficient Growth ETF

- **b. EDGAR series identifier (if any):** S000080468

- **c. LEI of Series:** 5493000EQYIDAXKGFH18

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**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:** $368296500.78

**Total Liabilities:** $173118.90

**Net Assets:** $368123381.88

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000242877 | -0.90%               | -3.44%               | 1.12%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5051244.00              | $-8631951.90                               |
| Month 2  | $284391.70               | $-13494045.98                              |
| Month 3  | $3656070.21              | $258851.51                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fiserv Inc.                                 | FISERV INC       | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |    103548 | NS      | $6365095.56   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica, Inc.                             | PRIMERICA INC    | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |     25700 | NS      | $6613124.00   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                  | WATSCO INC       | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |     19150 | NS      | $6633560.00   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc.         | BROADRIDGE FINL  | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     29874 | NS      | $6813960.66   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.                | HONEYWELL INTL   | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     33135 | NS      | $6368215.65   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                  | INTUIT INC       | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     10155 | NS      | $6439082.40   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| RB Global Inc                               | RB GLOBAL INC    | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |     65935 | NS      | $6474817.00   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                               | ALPHABET INC-C   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     23307 | NS      | $7461036.84   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Limited                              | AMDOCS LTD       | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |     87406 | NS      | $6684810.88   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                          | INGERSOLL-RAND I | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |     85147 | NS      | $6840709.98   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                       | DECKERS OUTDOOR  | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     78611 | NS      | $6920126.33   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                    | SAIA INC         | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |     23311 | NS      | $6563445.16   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                     | REPUBLIC SVCS    | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     32519 | NS      | $7058574.14   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                       | PARKER HANNIFIN  | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      7864 | NS      | $6776408.80   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation                         | STRYKER CORP     | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |     18055 | NS      | $6701654.90   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc.                                 | RESMED INC       | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |     26387 | NS      | $6750586.21   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton, Dickinson and Company               | BECTON DICKINSON | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     34891 | NS      | $6769551.82   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting, Inc.                        | FTI CONSULTING   | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |     40300 | NS      | $6574945.00   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                         | TEXAS ROADHOUS   | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |     39805 | NS      | $6975826.25   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products & Chemicals, Inc.              | AIR PRODS & CHEM | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     25360 | NS      | $6620228.00   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                         | LEIDOS HOLDINGS  | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     34155 | NS      | $6527020.50   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants, Inc.                    | DARDEN RESTAURAN | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |     38198 | NS      | $6859596.84   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Icon PLC                                    | ICON PLC         | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |     40301 | NS      | $7455685.00   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                               | ACCENTURE PLC-A  | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     27343 | NS      | $6835750.00   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Steris PLC                                  | STERIS PLC       | CUSIP: G8473T100<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     24995 | NS      | $6655668.60   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation                | GENERAL DYNAMICS | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     19007 | NS      | $6493361.41   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                    | VISA INC-CLASS A | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     19555 | NS      | $6539974.20   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc.                       | JACOBS SOLUTIONS | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |     43130 | NS      | $5814355.30   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc.                     | CACI INTL-A      | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |     11381 | NS      | $7023215.10   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                   | TELEDYNE TECH    | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |     12812 | NS      | $6399850.24   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional Investment Trust | SS-INST US-OPP   | CUSIP: 85749T517<br>LEI: 549300P1E098W6ES7M39 | Long             | STIV             | RF                | US        |   7545420 | PA      | $7545419.76   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc.             | SS&C TECHNOLOGIE | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     78465 | NS      | $6743282.10   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp.                        | CURTISS-WRIGHT   | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |     11596 | NS      | $6543506.84   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Emcor Group Inc                             | EMCOR GROUP INC  | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     10297 | NS      | $6333375.79   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.             | AUTOMATIC DATA   | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     26202 | NS      | $6689370.60   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| W.w. Grainger Inc.                          | WW GRAINGER INC  | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      7053 | NS      | $6690687.39   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc.               | FACTSET RESEARCH | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |     24719 | NS      | $6853837.13   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                     | ITT INC          | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |     35069 | NS      | $6458307.04   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| The Cigna Group                             | THE CIGNA GROUP  | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     24259 | NS      | $6726535.52   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Companies Inc.                     | CARLISLE COS INC | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |     20785 | NS      | $6611084.95   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcon AG                                    | ALCON INC        | CUSIP: H01301128<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |     82995 | NS      | $6582333.45   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Gallagher Aj &Co                            | ARTHUR J GALLAGH | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     26134 | NS      | $6471301.08   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc               | INTERCONT EXCH I | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     43748 | NS      | $6881560.40   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc.                         | IQVIA HOLDINGS I | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |     30127 | NS      | $6929511.27   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc.            | MARSH & MCLENNAN | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     36533 | NS      | $6701978.85   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corporation PLC                       | EATON CORP PLC   | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     18189 | NS      | $6291393.21   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| NVent Electric PLC                          | NVENT ELECTRIC   | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     60020 | NS      | $6438345.40   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                           | TRACTOR SUPPLY   | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |    119528 | NS      | $6547743.84   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.                      | TJX COS INC      | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     45383 | NS      | $6894585.36   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co Inc                    | FRANKLIN ELEC CO | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |     69615 | NS      | $6623867.25   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corporation                | NORFOLK SOUTHERN | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     23188 | NS      | $6772982.92   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Ametek, Inc.                                | AMETEK INC       | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |     33687 | NS      | $6666320.43   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                                   | GRACO INC        | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |     80784 | NS      | $6659832.96   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                      | ROPER TECHNOLOGI | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |     14865 | NS      | $6633060.30   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                           | BROWN & BROWN    | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |     83210 | NS      | $6692580.30   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-26

**Name of Applicant:** Strategic Trust

**Signature:** Jim Niemie

**Name of Signer:** Jim Niemie

**Title:** Principal Financial Officer