# EDGAR Filing Document

**Accession Number:** 0001558107
**File Stem:** 0001049169-26-001529
**Filing Date:** 2026-5
**Character Count:** 12640
**Document Hash:** 2e7368d552fa6e6244cae82e17a85aec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-26-001529.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0001049169-26-001529

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALPS Series Trust
- **CENTRAL INDEX KEY:** 0001558107

**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:** 811-22747
- **FILM NUMBER:** 261043606

**BUSINESS ADDRESS:**
- **STREET 1:** 1290 BROADWAY, SUITE 1000
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80203
- **BUSINESS PHONE:** 303.623.2577

**MAIL ADDRESS:**
- **STREET 1:** 1290 BROADWAY, SUITE 1000
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80203

## Series and Classes Contracts Data

### Clarkston Partners Fund (Series ID: S000050589)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000159696 | Founders Class      | CFSMX           |
| C000159697 | Institutional Class | CISMX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALPS SERIES TRUST

- **b. Investment Company Act file number:** 811-22747

- **c. CIK number of Registrant:** 0001558107

- **d. LEI of Registrant:** 5493000QN25IZZPUSL66

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

  - **Street Address 1:** 1290 BROADWAY SUITE 1000

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80203

  - **Telephone number:** 3036235277

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

- **a. Name of Series:** Clarkston Partners Fund

- **b. EDGAR series identifier (if any):** S000050589

- **c. LEI of Series:** 549300AW5D6OOD7IHR04

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $325774718.39

**Total Liabilities:** $12776304.82

**Net Assets:** $312998413.57

**Cash Not Reported:** $17063192.56

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000159696 | 3.06%                | 0.84%                | -6.20%               |
| Class ID C000159697 | 3.09%                | 0.77%                | -6.18%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $53096928.24             | $-28253576.08                              |
| Month 2  | $39616134.09             | $-37855489.19                              |
| Month 3  | $18250141.92             | $-47538457.45                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Affiliated Managers Group Inc          | Affiliated Managers Group, Inc.          | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |     88000 | NS      | $24349600.00  | 7.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                            | Avantor, Inc.                            | CUSIP: 05352A100<br>LEI: 5493003VM0XB4U8YD238 | Long             | EC               | CORP              | US        |   2350000 | NS      | $18424000.00  | 5.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Bellring Brands Inc                    | BellRing Brands, Inc.                    | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |    230000 | NS      | $3700700.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                      | Brown & Brown, Inc.                      | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |    125000 | NS      | $8151250.00   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Ccc Intelligent Solutions Holdings Inc | CCC Intelligent Solutions Holdings, Inc. | CUSIP: 12510Q100<br>LEI: 549300WDHIIODXFO0R55 | Long             | EC               | CORP              | US        |   3100000 | NS      | $18600000.00  | 5.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Ch Robinson Worldwide Inc              | CH Robinson Worldwide, Inc.              | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     13000 | NS      | $2158910.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Clarivate Plc                          | Clarivate PLC                            | CUSIP: G21810109<br>LEI: 549300WDHIIODXFO0R55 | Long             | EC               | CORP              | JE        |  13800000 | NS      | $34914000.00  | 11.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings Inc                 | Energizer Holdings, Inc.                 | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |    645000 | NS      | $10590900.00  | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Gfl Environmental Inc                  | GFL Environmental Inc.                   | CUSIP: 36168Q104<br>LEI: 894500E7NLBY9VZRT696 | Long             | EC               | CORP              | CA        |    235000 | NS      | $9804200.00   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein Inc                       | Henry Schein, Inc.                       | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |    120000 | NS      | $8844000.00   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc                            | Gartner, Inc.                            | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |     50000 | NS      | $7917000.00   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Lkq Corp                               | LKQ Corp.                                | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |    420000 | NS      | $12335400.00  | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Lpl Financial Holdings Inc             | LPL Financial Holdings Inc.              | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |     16000 | NS      | $4813280.00   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc                    | Landstar System, Inc.                    | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |     55000 | NS      | $8817050.00   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc               | Lamb Weston Holdings, Inc.               | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |    240000 | NS      | $10142400.00  | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp/the                      | Middleby Corp.                           | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     83000 | NS      | $11004140.00  | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Neogen Corp                            | Neogen Corp.                             | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |   1000000 | NS      | $9290000.00   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corp                  | Envista Holdings Corp.                   | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |    475000 | NS      | $12050750.00  | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings Inc                      | Post Holdings, Inc.                      | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |    300000 | NS      | $29658000.00  | 9.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Primo Brands Corp                      | Primo Brands Corp.                       | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |    440000 | NS      | $8285200.00   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralliant Corp                          | Ralliant Corp.                           | CUSIP: 750940108<br>LEI: 52990024QKO4DYT8N464 | Long             | EC               | CORP              | US        |    180000 | NS      | $7486200.00   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                 | Roper Technologies, Inc.                 | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |     21000 | NS      | $7431060.00   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc            | Ryan Specialty Holdings, Inc.            | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    120000 | NS      | $4048800.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co               | Molson Coors Beverage Co.                | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |    115000 | NS      | $4951900.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Us Foods Holding Corp                  | US Foods Holding Corp.                   | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     55000 | NS      | $5071550.00   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Waystar Holding Corp                   | Waystar Holding Corp.                    | CUSIP: 946784105<br>LEI: 529900QJLKXDYU36MH89 | Long             | EC               | CORP              | US        |    455000 | NS      | $10970050.00  | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| John Wiley & Sons Inc                  | John Wiley & Sons, Inc.                  | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |    385000 | NS      | $14668500.00  | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** ALPS SERIES TRUST

**Signature:** Jill McFate

**Name of Signer:** Jill McFate

**Title:** Treasurer