# EDGAR Filing Document

**Accession Number:** 0001540305
**File Stem:** 0001145549-25-054037
**Filing Date:** 2025-8
**Character Count:** 14107
**Document Hash:** a292de44d32e7b38b9c4ba0b735046dd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-054037.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001145549-25-054037

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Series Solutions
- **CENTRAL INDEX KEY:** 0001540305

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1112

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22668
- **FILM NUMBER:** 251258126

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN ST
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN ST
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### U.S. Global Sea to Sky Cargo ETF (Series ID: S000072692)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000229127 | U.S. Global Sea to Sky Cargo ETF | SEA             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ETF Series Solutions

- **b. Investment Company Act file number:** 811-22668

- **c. CIK number of Registrant:** 0001540305

- **d. LEI of Registrant:** 5493008BB0X0GYS3UI50

- **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:** 414-516-1645

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

- **a. Name of Series:** U.S. Global Sea to Sky Cargo ETF

- **b. EDGAR series identifier (if any):** S000072692

- **c. LEI of Series:** 54930042C14KZNH0Z454

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $9410927.10

**Total Liabilities:** $1029275.08

**Net Assets:** $8381652.02

**Cash Not Reported:** $39300.98

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000229127 | -0.15%               | 12.70%               | 0.49%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $340.57                  | $-12013.63                                 |
| Month 2  | $-408.76                 | $749872.62                                 |
| Month 3  | $-64626.71               | $28448.33                                  |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Expeditors International of Wa            | Expeditors International of Washington Inc | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      2179 | NS      | $248950.75    | 2.97%             |  |  |  | No            | 1                  | On Loan: No      |
| FedEx Corp                                | FedEx Corp                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      1150 | NS      | $261406.50    | 3.12%             |  |  |  | No            | 1                  | On Loan: —       |
| First American Government Obli            | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |     59699 | NS      | $59698.92     | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Deutsche Post AG                          | Deutsche Post AG                           | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |      5227 | NS      | $241422.34    | 2.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Matson Inc                                | Matson Inc                                 | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |      1497 | NS      | $166690.95    | 1.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Evergreen Marine Corp Taiwan L            | Evergreen Marine Corp Taiwan Ltd           | CUSIP: N/A<br>LEI: 254900EIJA0A39C5SO15       | Long             | EC               | CORP              | TW        |     52327 | NS      | $356465.60    | 4.25%             |  |  |  | No            | 1                  | On Loan: No      |
| HMM Co Ltd                                | HMM Co Ltd                                 | CUSIP: N/A<br>LEI: 988400M8Q35QDZ4XXW80       | Long             | EC               | CORP              | KR        |     20123 | NS      | $335482.74    | 4.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Nippon Yusen KK                           | Nippon Yusen KK                            | CUSIP: N/A<br>LEI: 353800YPW4XM0ZN5I149       | Long             | EC               | CORP              | JP        |      4716 | NS      | $169901.10    | 2.03%             |  |  |  | No            | 1                  | On Loan: No      |
| OOIL                                      | Orient Overseas International Ltd          | CUSIP: N/A<br>LEI: 529900DQ426GJO276W95       | Long             | EC               | CORP              | HK        |     25009 | NS      | $424996.41    | 5.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |    975688 | NS      | $975687.50    | 11.64%            |  |  |  | No            | N/A                | On Loan: No      |
| COSCO SHIPPING Holdings Co Ltd            | COSCO SHIPPING Holdings Co Ltd             | CUSIP: N/A<br>LEI: 3003009XI0QGYYA29S17       | Long             | EC               | CORP              | CN        |    244231 | NS      | $424373.51    | 5.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Kuehne + Nagel International A            | Kuehne + Nagel International AG            | CUSIP: N/A<br>LEI: 529900Q0YED3805QXQ66       | Long             | EC               | CORP              | CH        |      1438 | NS      | $311087.91    | 3.71%             |  |  |  | No            | 1                  | On Loan: No      |
| SITC International Holdings Co            | SITC International Holdings Co Ltd         | CUSIP: N/A<br>LEI: 529900JUV4MOM9CE3V12       | Long             | EC               | CORP              | HK        |    127648 | NS      | $408964.03    | 4.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Cargojet Inc                              | Cargojet Inc                               | CUSIP: 14179V503<br>LEI: 549300C4GBBANCBT3K72 | Long             | EC               | CORP              | CA        |      3562 | NS      | $248051.74    | 2.96%             |  |  |  | No            | 1                  | On Loan: No      |
| NIPPON EXPRESS HOLDINGS INC               | NIPPON EXPRESS HOLDINGS INC                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     13249 | NS      | $266120.85    | 3.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Hoegh Autoliners ASA                      | Hoegh Autoliners ASA                       | CUSIP: N/A<br>LEI: 549300D7GNMPKTA4HD46       | Long             | EC               | CORP              | NO        |     37030 | NS      | $327521.93    | 3.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Logista Integral SA                       | Logista Integral SA                        | CUSIP: N/A<br>LEI: 9598000ANNAL42UJ7X28       | Long             | EC               | CORP              | ES        |      7623 | NS      | $249631.18    | 2.98%             |  |  |  | No            | 1                  | On Loan: No      |
| SF Holding Co Ltd                         | SF Holding Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     45985 | NS      | $264781.56    | 3.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Teekay Corp Ltd                           | Teekay Corp Ltd                            | CUSIP: N/A<br>LEI: YHKQM2RIPKZYOZ6RVZ46       | Long             | EC               | CORP              | BM        |     40156 | NS      | $331287.00    | 3.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Teekay Tankers Ltd                        | Teekay Tankers Ltd                         | CUSIP: N/A<br>LEI: 549300DE8ZAIYS2T6Q22       | Long             | EC               | CORP              | CA        |      3799 | NS      | $158494.28    | 1.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Global Ship Lease Inc                     | Global Ship Lease Inc                      | CUSIP: N/A<br>LEI: 254900GLZ0J5N8UZM071       | Long             | EC               | CORP              | GB        |      6594 | NS      | $173488.14    | 2.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Hafnia Ltd                                | Hafnia Ltd                                 | CUSIP: N/A<br>LEI: 5493001KCFT0SCGJ2647       | Long             | EC               | CORP              | SG        |     32731 | NS      | $163327.69    | 1.95%             |  |  |  | No            | 1                  | On Loan: —       |
| Scorpio Tankers Inc                       | Scorpio Tankers Inc                        | CUSIP: N/A<br>LEI: 549300NVJUH16NXG8K87       | Long             | EC               | CORP              | MC        |      4272 | NS      | $167163.36    | 1.99%             |  |  |  | No            | 1                  | On Loan: —       |
| ZTO Express Cayman Inc                    | ZTO Express Cayman Inc                     | CUSIP: 98980A105<br>LEI: 549300SCJPK3YZJTJR78 | Long             | EC               | CORP              | CN        |     14048 | NS      | $249352.00    | 2.97%             |  |  |  | No            | 1                  | On Loan: No      |
| ZIM Integrated Shipping Servic            | ZIM Integrated Shipping Services Ltd       | CUSIP: N/A<br>LEI: 21380089EIJRELKAIL21       | Long             | EC               | CORP              | IL        |     24475 | NS      | $393802.75    | 4.70%             |  |  |  | No            | 1                  | On Loan: —       |
| AP Moller - Maersk A/S                    | AP Moller - Maersk A/S                     | CUSIP: N/A<br>LEI: 549300D2K6PKKKXVNN73       | Long             | EC               | CORP              | DK        |       177 | NS      | $329058.61    | 3.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Wan Hai Lines Ltd                         | Wan Hai Lines Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     97633 | NS      | $297457.79    | 3.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Yang Ming Marine Transport Cor            | Yang Ming Marine Transport Corp            | CUSIP: N/A<br>LEI: 254900WG2ACWNVSP6E13       | Long             | EC               | CORP              | TW        |    136497 | NS      | $332224.32    | 3.96%             |  |  |  | No            | 1                  | On Loan: No      |
| United Parcel Service Inc                 | United Parcel Service Inc                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      2475 | NS      | $249826.50    | 2.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Brambles Ltd                              | Brambles Ltd                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     16637 | NS      | $256440.68    | 3.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Wallenius Wilhelmsen ASA                  | Wallenius Wilhelmsen ASA                   | CUSIP: N/A<br>LEI: 549300NBN0URT3RA3Y54       | Long             | EC               | CORP              | NO        |     49956 | NS      | $410377.28    | 4.90%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-08-19

**Name of Applicant:** ETF Series Solutions

**Signature:** /s/ Kristen Weitzel

**Name of Signer:** ETF Series Solutions

**Title:** Treasurer