# EDGAR Filing Document

**Accession Number:** 0001592900
**File Stem:** 0001592900-25-001970
**Filing Date:** 2025-7
**Character Count:** 44162
**Document Hash:** 6c18464c2bc055ac4f436b16b899ab4f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001592900-25-001970.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001592900-25-001970

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250530

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**PERIOD START**: 20251130

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22961
- **FILM NUMBER:** 251166413

**BUSINESS ADDRESS:**
- **STREET 1:** 19 E EAGLE ROAD
- **CITY:** HAVERTOWN
- **STATE:** PA
- **ZIP:** 19083
- **BUSINESS PHONE:** 1.215.882.9983

**MAIL ADDRESS:**
- **STREET 1:** 19 E EAGLE ROAD
- **CITY:** HAVERTOWN
- **STATE:** PA
- **ZIP:** 19083

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

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

## Series and Classes Contracts Data

### Militia Long/Short Equity ETF (Series ID: S000089579)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000256190 | Militia Long/Short Equity ETF | ORR             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

  - **Street Address 1:** 19 E Eagle Road

  - **City:** Havertown

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** PA

  - **Telephone number:** 2158829983

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

- **a. Name of Series:** Militia Long/Short Equity ETF

- **b. EDGAR series identifier (if any):** S000089579

- **c. LEI of Series:** 529900F62REU8ZYU5R82

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-05-30

**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:** $150404561.31

**Total Liabilities:** $73848825.10

**Net Assets:** $76555736.21

**Cash Not Reported:** $13.10

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256190 | 2.33%                | -0.41%               | 2.60%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7154.75                | $764944.64                                 |
| Month 2  | $-1892695.96             | $3407847.55                                |
| Month 3  | $581488.92               | $1626094.52                                |

**Designated Index Information**

- **Index Name:** MSCI World Index

- **Index Identifier:** 990100

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Prospect Capital Corp                          | Prospect Capital Corp                          | CUSIP: 74348T102<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -588203 | NS      | $-1935187.87  | -2.53%            |  |  |  | No            |                  1 | On Loan: No      |
| Shoei Co Ltd                                   | Shoei Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       25181 | NS      | $282267.99    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| FJ Next Holdings Co Ltd                        | FJ Next Holdings Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       27356 | NS      | $233266.01    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Entrust Inc                                    | Entrust Inc                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       18432 | NS      | $114899.78    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Co Ltd                                   | Asahi Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       30474 | NS      | $287808.24    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Maeda Kosen Co Ltd                             | Maeda Kosen Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       22200 | NS      | $328614.61    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeuchi Manufacturing Co Ltd                  | Takeuchi Manufacturing Co Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       27052 | NS      | $877951.56    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Halows Co Ltd                                  | Halows Co Ltd                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       17500 | NS      | $573421.59    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Gruma SAB de CV                                | Gruma SAB de CV                                | CUSIP: P4948K121<br>LEI: 5493000XJLJ6C4T0PG82 | Long             | EC               | CORP              | MX        |      149035 | NS      | $2804203.10   | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Niitaka Co Ltd                                 | Niitaka Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       13396 | NS      | $197548.99    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Japan Railway Co                       | Central Japan Railway Co                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       51120 | NS      | $1122973.84   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Eco's Co Ltd/Japan                             | Eco's Co Ltd/Japan                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       20080 | NS      | $333515.41    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SAXA Inc                                       | SAXA Inc                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       17200 | NS      | $466173.25    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| NSW Inc/Japan                                  | NSW Inc/Japan                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       13288 | NS      | $240651.36    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hikari Tsushin Inc                             | Hikari Tsushin Inc                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       21770 | NS      | $5951782.90   | 7.77%             |  |  |  | No            |                  1 | On Loan: No      |
| SBI Holdings Inc                               | SBI Holdings Inc                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       80273 | NS      | $2448439.47   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Open House Group Co Ltd                        | Open House Group Co Ltd                        | CUSIP: N/A<br>LEI: 529900WQOGPBIJEHW865       | Long             | EC               | CORP              | JP        |       46719 | NS      | $2027590.64   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Nojima Corp                                    | Nojima Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       43245 | NS      | $827363.60    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Games Workshop Group PLC                       | Games Workshop Group PLC                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | GB        |        3597 | NS      | $742953.52    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotobuki Spirits Co Ltd                        | Kotobuki Spirits Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       22664 | NS      | $367377.46    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Adastria Co Ltd                                | Adastria Co Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       17052 | NS      | $331571.60    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Inpex Corp                                     | Inpex Corp                                     | CUSIP: N/A<br>LEI: 353800VHYYADPR6MXQ47       | Long             | EC               | CORP              | JP        |       52496 | NS      | $711949.30    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Human Holdings Co Ltd                          | Human Holdings Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       12780 | NS      | $145300.95    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Itfor Inc                                      | Itfor Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       26759 | NS      | $275781.63    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Intelligence Service Co Ltd              | Asahi Intelligence Service Co Ltd              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       13396 | NS      | $98309.02     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NCD Co Ltd/Shinagawa                           | NCD Co Ltd/Shinagawa                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       23292 | NS      | $500172.21    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Kaken Co Ltd                                | SK Kaken Co Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       10467 | NS      | $622659.02    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| KEIWA Inc                                      | KEIWA Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       49220 | NS      | $329740.99    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Nihon Falcom Corp                              | Nihon Falcom Corp                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       11964 | NS      | $97029.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MCJ Co Ltd                                     | MCJ Co Ltd                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       42619 | NS      | $391551.60    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| C Uyemura & Co Ltd                             | C Uyemura & Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       10229 | NS      | $654707.18    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Ternium SA                                     | Ternium SA                                     | CUSIP: 880890108<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |       58221 | NS      | $1594090.98   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Lane Capital Corp                       | Oxford Lane Capital Corp                       | CUSIP: 691543102<br>LEI: N/A                  | Short            | EC               | RF                | US        |    -1263787 | NS      | $-5724955.11  | -7.48%            |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obligations Fund     | First American Government Obligations Fund     | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |      277027 | PA      | $277027.23    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| JPY/USD FWD 20250630                           | JPY/USD FWD 20250630                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | US        | -3203159811 | NC      | $-81630.70    | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| YieldMax Universe Fund of Option Income ETF    | YieldMax Universe Fund of Option Income ETF    | CUSIP: 88636J659<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -253210 | NS      | $-3413270.80  | -4.46%            |  |  |  | No            |                  1 | On Loan: No      |
| Global X SuperDividend ETF                     | Global X SuperDividend ETF                     | CUSIP: 37960A669<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -432409 | NS      | $-9309765.77  | -12.16%           |  |  |  | No            |                  1 | On Loan: No      |
| Direxion Daily Small Cap Bull 3X Shares        | Direxion Daily Small Cap Bull 3X Shares        | CUSIP: 25459W847<br>LEI: N/A                  | Short            | EC               | RF                | US        |      -69752 | NS      | $-2027690.64  | -2.65%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Russell 2000 ETF                       | iShares Russell 2000 ETF                       | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Short            | EC               | RF                | US        |      -75649 | NS      | $-15513340.43 | -20.26%           |  |  |  | No            |                  1 | On Loan: No      |
| Western Midstream Partners LP                  | Western Midstream Partners LP                  | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      116294 | NS      | $4349395.60   | 5.68%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                                        | MPLX LP                                        | CUSIP: 55336V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       57317 | NS      | $2923167.00   | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                             | Energy Transfer LP                             | CUSIP: 29273V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      369191 | NS      | $6453458.68   | 8.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Corp America Airports SA                       | Corp America Airports SA                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | LU        |      132052 | NS      | $2720271.20   | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecopetrol SA                                   | Ecopetrol SA                                   | CUSIP: 279158109<br>LEI: N/A                  | Long             | EC               | CORP              | CO        |      285146 | NS      | $2415186.62   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Pacifico SAB de CV     | Grupo Aeroportuario del Pacifico SAB de CV     | CUSIP: 400506101<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |       14838 | NS      | $3408733.74   | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro Norte SAB de CV | Grupo Aeroportuario del Centro Norte SAB de CV | CUSIP: 400501102<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |       47331 | NS      | $4698075.06   | 6.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TriplePoint Venture Growth BDC Corp            | TriplePoint Venture Growth BDC Corp            | CUSIP: 89677Y100<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -350952 | NS      | $-2442625.92  | -3.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Geopark Ltd                                    | Geopark Ltd                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |      199247 | NS      | $1251271.16   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd      | Taiwan Semiconductor Manufacturing Co Ltd      | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |       19688 | NS      | $3806084.16   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| GLTECHNO HOLDINGS INC                          | GLTECHNO HOLDINGS INC                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       16784 | NS      | $330792.76    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Eyewear Holdings Co Ltd                  | Japan Eyewear Holdings Co Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       22901 | NS      | $376391.57    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Being Holdings Co Ltd                          | Being Holdings Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       11032 | NS      | $212597.63    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Draft Inc                                      | Draft Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       18632 | NS      | $69273.57     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HIRAYAMA Holdings Co Ltd                       | HIRAYAMA Holdings Co Ltd                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       13396 | NS      | $96819.49     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Next Holdings Co Ltd                         | U-Next Holdings Co Ltd                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      234822 | NS      | $3547746.82   | 4.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIGExN Co Ltd                                  | ZIGExN Co Ltd                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      103992 | NS      | $335329.84    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Aena SME SA                                    | Aena SME SA                                    | CUSIP: E526K0106<br>LEI: N/A                  | Long             | EC               | CORP              | ES        |        4316 | NS      | $1161440.20   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Nagaoka International Corp                     | Nagaoka International Corp                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       15344 | NS      | $150992.77    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| VIS Co Ltd                                     | VIS Co Ltd                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       13704 | NS      | $121616.51    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Engeisha KK                          | Universal Engeisha KK                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       10524 | NS      | $343742.31    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwa Co Ltd                                   | Hanwa Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       22486 | NS      | $821962.96    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippn Corp                                     | Nippn Corp                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       24024 | NS      | $364129.01    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Hankyu Hanshin Holdings Inc                    | Hankyu Hanshin Holdings Inc                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       14073 | NS      | $379954.86    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Realty & Development Co Ltd           | Sumitomo Realty & Development Co Ltd           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       26858 | NS      | $1036840.68   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Daitron Co Ltd                                 | Daitron Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       16891 | NS      | $437256.16    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Forestry Co Ltd                       | Sumitomo Forestry Co Ltd                       | CUSIP: N/A<br>LEI: 549300FIIRGO6D5FWR19       | Long             | EC               | CORP              | JP        |       15670 | NS      | $458355.26    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Jungfraubahn Holding AG                        | Jungfraubahn Holding AG                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |        5540 | NS      | $1328792.22   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Starzen Co Ltd                                 | Starzen Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       41300 | NS      | $321743.63    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Azbil Corp                                     | Azbil Corp                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       68824 | NS      | $607910.66    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Yamato Kogyo Co Ltd                            | Yamato Kogyo Co Ltd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       11876 | NS      | $705899.64    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| TYK Corp/Tokyo                                 | TYK Corp/Tokyo                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       44664 | NS      | $171336.93    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyotokeiba Co Ltd                            | Tokyotokeiba Co Ltd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       13702 | NS      | $428499.95    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Tatemono Co Ltd                          | Tokyo Tatemono Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       21690 | NS      | $387237.99    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE            | LVMH Moet Hennessy Louis Vuitton SE            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |        1798 | NS      | $976363.96    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| JK Holdings Co Ltd                             | JK Holdings Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       14736 | NS      | $123606.46    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV                   | Wal-Mart de Mexico SAB de CV                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |      387433 | NS      | $1265409.39   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitani Corp                                    | Mitani Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       11864 | NS      | $172400.88    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Corp                                  | Sumitomo Corp                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       47526 | NS      | $1222705.81   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corp                                    | ITOCHU Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       14839 | NS      | $798178.25    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Runway Growth Finance Corp                     | Runway Growth Finance Corp                     | CUSIP: 78163D100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -238293 | NS      | $-2366249.49  | -3.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                   | Alphabet Inc                                   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |        9316 | NS      | $1610270.60   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc                        | Century Communities Inc                        | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |       19323 | NS      | $1002284.01   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc                           | Medpace Holdings Inc                           | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |        6614 | NS      | $1950468.60   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock TCP Capital Corp                     | BlackRock TCP Capital Corp                     | CUSIP: 09259E108<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -310761 | NS      | $-2436366.24  | -3.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial Inc                             | Axos Financial Inc                             | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |       51783 | NS      | $3600989.82   | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corp             | Federal Agricultural Mortgage Corp             | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |       11085 | NS      | $2066465.70   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Parke Bancorp Inc                              | Parke Bancorp Inc                              | CUSIP: 700885106<br>LEI: 5493000JF1TWXVD0CR78 | Long             | EC               | CORP              | US        |       33562 | NS      | $650767.18    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                 | Amazon.com Inc                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |       19466 | NS      | $3990724.66   | 5.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Point Credit Co Inc                      | Eagle Point Credit Co Inc                      | CUSIP: 269808101<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -773370 | NS      | $-6094155.60  | -7.96%            |  |  |  | No            |                  1 | On Loan: No      |
| TANABE ENGINEERING CORP                        | TANABE ENGINEERING CORP                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       13384 | NS      | $196255.88    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Maruzen Co Ltd/Taito ward                      | Maruzen Co Ltd/Taito ward                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       11756 | NS      | $283085.17    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui & Co Ltd                                | Mitsui & Co Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       33288 | NS      | $700714.77    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| PILLAR Corp /Japan                             | PILLAR Corp /Japan                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       16135 | NS      | $422170.85    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Traders Holdings Co Ltd                        | Traders Holdings Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       49960 | NS      | $373584.63    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Flughafen Zurich AG                            | Flughafen Zurich AG                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |        2127 | NS      | $589253.95    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyoritsu Electric Corp                         | Kyoritsu Electric Corp                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       10848 | NS      | $372041.28    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Okamoto Machine Tool Works Ltd                 | Okamoto Machine Tool Works Ltd                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       14636 | NS      | $410920.74    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| YAMABIKO Corp                                  | YAMABIKO Corp                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       24158 | NS      | $355751.08    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Corp                                      | Life Corp                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       71474 | NS      | $1007326.68   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Lasertec Corp                                  | Lasertec Corp                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        6918 | NS      | $702160.53    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiichi Jitsugyo Co Ltd                        | Daiichi Jitsugyo Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       15919 | NS      | $246813.92    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Okamura Corp                                   | Okamura Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       22003 | NS      | $336249.33    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Galilei Co Ltd                                 | Galilei Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       18004 | NS      | $385992.15    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Jeol Ltd                                       | Jeol Ltd                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       15094 | NS      | $424618.73    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanyo Industries Ltd                           | Sanyo Industries Ltd                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       10824 | NS      | $295620.56    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ISB Corp                                       | ISB Corp                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       20604 | NS      | $194019.39    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hulic Co Ltd                                   | Hulic Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       26634 | NS      | $270606.40    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Lonseal Corp                                   | Lonseal Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       11756 | NS      | $125243.74    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinnihon Corp                                 | Shinnihon Corp                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       28549 | NS      | $322799.42    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Quick Co Ltd                                   | Quick Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       22377 | NS      | $350051.27    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Ifuji Sangyo Co Ltd                            | Ifuji Sangyo Co Ltd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       17200 | NS      | $241931.96    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Kitano Construction Corp                       | Kitano Construction Corp                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       11240 | NS      | $319480.18    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Starts Corp Inc                                | Starts Corp Inc                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       14499 | NS      | $427226.52    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Totech Corp                                    | Totech Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       19292 | NS      | $393495.40    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinagawa Refractories Co Ltd                  | Shinagawa Refractories Co Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       20759 | NS      | $242653.59    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Nichias Corp                                   | Nichias Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       13322 | NS      | $463184.72    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Shibuya Corp                                   | Shibuya Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       16667 | NS      | $385126.48    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** EA Series Trust

**Signature:** /s/ Jessica Leighty

**Name of Signer:** Jessica Leighty

**Title:** Chief Compliance Officer