# EDGAR Filing Document

**Accession Number:** 0000836267
**File Stem:** 0002000324-26-000822
**Filing Date:** 2026-3
**Character Count:** 47988
**Document Hash:** fc73785150442cf54ff6381753a667db
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-000822.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0002000324-26-000822

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCM Trust
- **CENTRAL INDEX KEY:** 0000836267

**ORGANIZATION NAME:**
- **EIN:** 526400931
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05617
- **FILM NUMBER:** 26708875

**BUSINESS ADDRESS:**
- **STREET 1:** 1875 LAWRENCE STREET
- **STREET 2:** SUITE 300
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202-1805
- **BUSINESS PHONE:** 800-955-9988

**MAIL ADDRESS:**
- **STREET 1:** 1875 LAWRENCE STREET
- **STREET 2:** SUITE 300
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202-1805

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SHELTON GREATER CHINA FUND
- **DATE OF NAME CHANGE:** 20110614

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TAIWAN GREATER CHINA FUND
- **DATE OF NAME CHANGE:** 20040105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** R O C TAIWAN FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Shelton Equity Premium Income ETF (Series ID: S000092397)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000260372 | Shelton Equity Premium Income ETF |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-05617

- **c. CIK number of Registrant:** 0000836267

- **d. LEI of Registrant:** 254900SUSEM61EA08I06

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

  - **Street Address 1:** 1125 17th Street, Ste. 2550

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80202-1805

  - **Telephone number:** 800-955-9988

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

- **a. Name of Series:** Shelton Equity Premium Income ETF

- **b. EDGAR series identifier (if any):** S000092397

- **c. LEI of Series:** 529900FUWHL0BZDWBN75

**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:** $57237014.57

**Total Liabilities:** $656101.93

**Net Assets:** $56580912.64

**Cash Not Reported:** $1339146.09

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000260372 | 2.64%                | 1.63%                | 0.52%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $45830.30                                  |
| Month 2  | $0.00                    | $276280.32                                 |
| Month 3  | $0.00                    | $-321265.25                                |

**Designated Index Information**

- **Index Name:** S&P 500

- **Index Identifier:** SPX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Travelers Companies, Inc.             | Travelers Companies, Inc. COM             | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      3526 | NS      | $1022751.56   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                   | Leidos Holdings Inc COM                   | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      3067 | NS      | $553286.80    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp. | International Business Machines Corp. COM | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      5528 | NS      | $1637448.88   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                            | Intuit Inc COM                            | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      1739 | NS      | $1151948.38   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                          | Broadcom Inc COM                          | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      6671 | NS      | $2308833.10   | 4.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc.           | Advanced Micro Devices Inc. COM           | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      8063 | NS      | $1726772.08   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                    | Meta Platforms Inc CL A                   | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3059 | NS      | $2019215.31   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                      | Merck & Co., Inc COM                      | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     15199 | NS      | $1599846.74   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.               | Berkshire Hathaway Inc. CL B NEW          | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      2322 | NS      | $1167153.30   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                     | Wells Fargo & Co. COM                     | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     10664 | NS      | $993884.80    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc.                             | eBay Inc. COM                             | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     13760 | NS      | $1198496.00   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                            | Apple Inc. COM                            | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     11266 | NS      | $3062774.76   | 5.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                      | Amazon.com, Inc. COM                      | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      8797 | NS      | $2030523.54   | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                         | Alphabet Inc. CAP STK CL A                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      8774 | NS      | $2746262.00   | 4.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                   | Arista Networks Inc COM SHS               | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     11181 | NS      | $1465046.43   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Company                | General Motors Company COM                | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     17910 | NS      | $1456441.20   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                     | Johnson & Johnson COM                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      9304 | NS      | $1925462.80   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                       | CVS Health Corp COM                       | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     12212 | NS      | $969144.32    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                  | JPMorgan Chase & Co. COM                  | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      3375 | NS      | $1087492.50   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                       | CBRE Group Inc. CL A                      | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      6215 | NS      | $999309.85    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                     | Exxon Mobil Corp. COM                     | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     14046 | NS      | $1690295.64   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.             | Goldman Sachs Group, Inc. COM             | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      2408 | NS      | $2116632.00   | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated               | MasterCard Incorporated CL A              | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1868 | NS      | $1066403.84   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.                | Micron Technology Inc. COM                | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      3520 | NS      | $1004643.20   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                 | Cardinal Health, Inc. COM                 | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      5511 | NS      | $1132510.50   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                       | Caterpillar Inc COM                       | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      4816 | NS      | $2758941.92   | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. Horton, Inc.                     | D.R. Horton, Inc. COM                     | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      1793 | NS      | $258245.79    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                     | Hershey Co. (The) COM                     | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      4589 | NS      | $835106.22    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc         | Hilton Worldwide Holdings Inc COM         | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      3587 | NS      | $1030365.75   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                      | NRG Energy, Inc. COM NEW                  | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      7809 | NS      | $1243505.16   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation                   | Newmont Corporation COM                   | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     10048 | NS      | $1003292.80   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corporation          | Norfolk Southern Corporation COM          | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      2276 | NS      | $657126.72    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| The Procter & Gamble Co.              | The Procter & Gamble Co. COM              | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      3526 | NS      | $505311.06    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.           | Verizon Communications Inc. COM           | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     10121 | NS      | $412228.33    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                       | Microsoft Corp. COM                       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      4798 | NS      | $2320408.76   | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                         | Netflix, Inc. COM                         | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     10606 | NS      | $994418.56    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                          | NVIDIA Corp. COM                          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     12556 | NS      | $2341694.00   | 4.14%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                             | RTX Corp. COM                             | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      4717 | NS      | $865097.80    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                       | Salesforce Inc. COM                       | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      3357 | NS      | $889302.87    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                           | Walmart Inc COM                           | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      9293 | NS      | $1035333.13   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | HLT US 01/16/26 C280                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-1050.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | HLT US 01/16/26 C290                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -7 | NC      | $-2730.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | HLT US 01/16/26 C300                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -24 | NC      | $-2808.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | TRV US 01/16/26 C290                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -14 | NC      | $-6580.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | TRV US 01/16/26 C300                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -8 | NC      | $-560.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | LDOS US 01/16/26 C190                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -10 | NC      | $-700.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | LDOS US 01/16/26 C195                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -2 | NC      | $-95.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | DHI US 01/16/26 C160                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -10 | NC      | $-300.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | DHI US 01/16/26 C170                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-8.00        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | PG US 01/16/26 C150                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-24.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | PG US 01/16/26 C145                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -13 | NC      | $-1573.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | CVS US 01/16/26 C85                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-18.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | CVS US 01/16/26 C80                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -2 | NC      | $-266.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | CVS US 01/16/26 C77.5                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-295.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | CVS US 01/16/26 C82.5                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -44 | NC      | $-1980.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | MRK US 01/16/26 C95                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -46 | NC      | $-46920.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | MRK US 01/16/26 C100                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -26 | NC      | $-15288.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | MRK US 01/16/26 C105                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -10 | NC      | $-2050.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | MA US 01/16/26 C580                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -2 | NC      | $-760.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | CRM US 01/16/26 C270                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -11 | NC      | $-3575.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | VZ US 01/16/26 C42                        | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -38 | NC      | $-418.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | NSC US 01/16/26 C300                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -15 | NC      | $-1012.50     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | INTU US 01/16/26 C680                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -2 | NC      | $-1354.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | INTU US 01/16/26 C690                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -3 | NC      | $-997.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | HSY US 01/16/26 C185                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -2 | NC      | $-450.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | HSY US 01/16/26 C190                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -9 | NC      | $-855.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | HSY US 01/16/26 C195                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -16 | NC      | $-480.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | MSFT US 01/16/26 C490                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -3 | NC      | $-1524.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | MSFT US 01/16/26 C500                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -10 | NC      | $-2050.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AAPL US 01/16/26 C285                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -4 | NC      | $-180.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AAPL US 01/16/26 C280                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -35 | NC      | $-4235.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | XOM US 01/16/26 C120                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -54 | NC      | $-10530.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | XOM US 01/16/26 C125                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -2 | NC      | $-62.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | JNJ US 01/16/26 C210                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -8 | NC      | $-1608.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | JNJ US 01/16/26 C200                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -35 | NC      | $-29470.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AMZN US 01/16/26 C235                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -27 | NC      | $-8235.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AMZN US 01/16/26 C240                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -2 | NC      | $-300.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AMZN US 01/16/26 C245                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-69.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | META US 01/16/26 C670                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-910.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | META US 01/16/26 C690                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-325.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | META US 01/16/26 C660                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -9 | NC      | $-12420.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | NRG US 01/16/26 C170                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -24 | NC      | $-3984.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | NRG US 01/16/26 C180                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -3 | NC      | $-132.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GOOGL US 01/16/26 C290                    | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -6 | NC      | $-14514.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GOOGL US 01/16/26 C300                    | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -23 | NC      | $-36915.00    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AMD US 01/16/26 C240                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -4 | NC      | $-504.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AMD US 01/16/26 C250                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -36 | NC      | $-2160.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | NFLX US 01/16/26 C110                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -3 | NC      | $-12.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | NFLX US 01/16/26 C100                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -34 | NC      | $-1190.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GM US 01/16/26 C70                        | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -85 | NC      | $-102340.00   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | WFC US 01/16/26 C90                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-430.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | EBAY US 01/16/26 C85                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -4 | NC      | $-1420.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | CAT US 01/16/26 C560                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -26 | NC      | $-58604.00    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | WMT US 01/16/26 C115                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -74 | NC      | $-4144.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | WMT US 01/16/26 C120                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-8.00        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | ANET US 01/16/26 C140                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -19 | NC      | $-2375.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | ANET US 01/16/26 C135                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -14 | NC      | $-3780.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GOOGL US 01/16/26 C310                    | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -5 | NC      | $-4355.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | BRKB US 01/16/26 C510                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -5 | NC      | $-1035.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | MU US 01/16/26 C260                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -10 | NC      | $-30000.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | RTX US 01/16/26 C185                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -18 | NC      | $-4554.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | CBRE US 01/16/26 C165                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -28 | NC      | $-4340.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | IBM US 01/16/26 C310                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -9 | NC      | $-1233.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | NVDA US 01/16/26 C195                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-214.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | NVDA US 01/16/26 C180                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-965.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | NVDA US 01/16/26 C190                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -35 | NC      | $-13650.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | JPM US 01/16/26 C320                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -13 | NC      | $-10244.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GM US 01/16/26 C80                        | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -15 | NC      | $-4140.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GM US 01/16/26 C67.5                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -5 | NC      | $-7175.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GS US 01/16/26 C880                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -9 | NC      | $-20070.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GS US 01/16/26 C890                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -9 | NC      | $-16650.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | WFC US 01/16/26 C95                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -5 | NC      | $-845.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | VZ US 01/16/26 C41                        | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -3 | NC      | $-102.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AVGO US 01/16/26 C370                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-305.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AVGO US 01/16/26 C360                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -15 | NC      | $-8175.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | CAH US 01/16/26 C200                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -36 | NC      | $-32220.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | CAH US 01/16/26 C210                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -10 | NC      | $-1850.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AVGO US 01/16/26 C380                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -2 | NC      | $-326.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | WFC US 01/16/26 C92.5                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -58 | NC      | $-17284.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | EBAY US 01/16/26 C87.5                    | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -44 | NC      | $-7744.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | IBM US 01/16/26 C315                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -7 | NC      | $-518.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | MA US 01/16/26 C570                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -9 | NC      | $-7155.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | MSFT US 01/16/26 C495                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -3 | NC      | $-990.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | NEM US 01/16/26 C95                       | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -3 | NC      | $-1950.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | NEM US 01/16/26 C100                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -79 | NC      | $-28440.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | NEM US 01/16/26 C110                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-61.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AVGO US 01/16/26 C440                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-9.00        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AVGO US 01/16/26 C430                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-10.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GOOGL US 01/16/26 C285                    | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -2 | NC      | $-5794.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GM US 01/16/26 C72.5                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |       -14 | NC      | $-12992.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GM US 01/16/26 C77.5                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -6 | NC      | $-2790.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GM US 01/16/26 C82.5                      | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -9 | NC      | $-1260.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | BRKB US 01/16/26 C505                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -3 | NC      | $-1200.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | BRKB US 01/16/26 C525                     | CUSIP: 1JI99FU21<br>LEI: N/A                  | Long             | DE               | CORP              | US        |        -1 | NC      | $-22.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-22

**Name of Applicant:** SCM Trust

**Signature:** /s/ Gregory Pusch

**Name of Signer:** Gregory Pusch

**Title:** General Counsel and CCO