# EDGAR Filing Document

**Accession Number:** 0001587551
**File Stem:** 0000910472-25-003440
**Filing Date:** 2025-11
**Character Count:** 46514
**Document Hash:** 0d7e16bc157c458470fe2ea6a46efd1d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-003440.hdr.sgml**: 20251118

**ACCESSION NUMBER**: 0000910472-25-003440

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251118

**DATE AS OF CHANGE**: 20251118

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Capitol Series Trust
- **CENTRAL INDEX KEY:** 0001587551

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22895
- **FILM NUMBER:** 251493282

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 5135873447

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### FullerThaler Behavioral Small-Cap Equity Fund (Series ID: S000051163)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000161065 | Investor Shares      | FTHNX           |
| C000161066 | R6 Shares            | FTHFX           |
| C000161067 | Institutional Shares | FTHSX           |
| C000206943 | C Shares             | FTYCX           |
| C000206944 | A Shares             | FTHAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-22895

- **c. CIK number of Registrant:** 0001587551

- **d. LEI of Registrant:** 549300MZI5K7U8BD2Q02

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** FULLERTHALER BEHAVIORAL SMALL CAP EQUITY

- **b. EDGAR series identifier (if any):** S000051163

- **c. LEI of Series:** 549300C85K02K0ZKVZ02

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $11270969003.66

**Total Liabilities:** $21806673.91

**Net Assets:** $11249162329.75

**Cash Not Reported:** $6709805.12

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000161066 | 3.40%                | 5.76%                | 1.35%                |
| Class ID C000206944 | -2.55%               | -0.39%               | -4.52%               |
| Class ID C000206943 | 2.31%                | 4.68%                | 0.24%                |
| Class ID C000161065 | 3.37%                | 5.70%                | 1.32%                |
| Class ID C000161067 | 3.39%                | 5.76%                | 1.33%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $73086845.98             | $278129528.86                              |
| Month 2  | $74783257.21             | $524743813.86                              |
| Month 3  | $119686673.09            | $20421772.54                               |

### 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        |    543700 | NS      | $129634391.00 | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Mattel, Inc.                               | Mattel, Inc.                                                    | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |   3052002 | NS      | $51365193.66  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                                   | Bank OZK                                                        | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |    456636 | NS      | $23279303.28  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corporation                         | Chemed Corp.                                                    | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |    121904 | NS      | $54581296.96  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International Plc              | Weatherford International PLC                                   | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | IE        |   1773210 | NS      | $121340760.30 | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Indivior PLC                               | Indivior PLC                                                    | CUSIP: G4766E116<br>LEI: 213800V3NCQTY7IED471 | Long             | EC               | CORP              | GB        |   3019255 | NS      | $72794238.05  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corporation                | Hancock Whitney Corporation                                     | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |   2067186 | NS      | $129426515.46 | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| First Commonwealth Financial Corp  PA      | First Commonwealth Financial Corp.                              | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |   1915646 | NS      | $32661764.30  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corporation                        | Vontier Corp.                                                   | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |   3600392 | NS      | $151108452.24 | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Unifirst Corp                              | UniFirst Corp.                                                  | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |    231394 | NS      | $38686762.86  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc.                            | Murphy USA, Inc.                                                | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |    317952 | NS      | $123448043.52 | 1.10%             |  |  |  | No            |                  1 | On Loan: —       |
| HUB Group Inc                              | Hub Group, Inc.                                                 | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1165184 | NS      | $40128936.96  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc.                   | Comfort Systems USA, Inc.                                       | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |    338536 | NS      | $279353136.48 | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                               | Cadence Bank                                                    | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |   3439527 | NS      | $129119843.58 | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation               | Stifel Financial Corp.                                          | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |    576437 | NS      | $65408306.39  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Evertec Inc                                | EVERTEC, Inc.                                                   | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |   1120301 | NS      | $37843767.78  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corporation             | Wintrust Financial Corp.                                        | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |    621208 | NS      | $82272787.52  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corporation                        | Parsons Corp.                                                   | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |    804692 | NS      | $66725060.64  | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| Donnelley Financial Solutions Inc          | Donnelley Financial Solutions, Inc.                             | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |    220804 | NS      | $11355949.72  | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro Inc                                 | Hasbro, Inc.                                                    | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |    927900 | NS      | $70381215.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| BancFirst Corp.                            | BancFirst Corp.                                                 | CUSIP: 05945F103<br>LEI: 549300EJEHGBP4IO2J30 | Long             | EC               | CORP              | US        |    258477 | NS      | $32684416.65  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                                  | Jabil, Inc.                                                     | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |    249900 | NS      | $54270783.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation, Inc.                           | AutoNation, Inc.                                                | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    174465 | NS      | $38167708.05  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies Inc.                     | ESCO Technologies, Inc.                                         | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |    179791 | NS      | $37955678.01  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet, Inc.                                | Avnet, Inc.                                                     | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |    200472 | NS      | $10480676.16  | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                      | Deckers Outdoor Corp.                                           | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |    121277 | NS      | $12293849.49  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp.                          | HF Sinclair Corporation                                         | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |   2372494 | NS      | $124176335.96 | 1.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Bath & Body Works Inc                      | Bath & Body Works, Inc.                                         | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |   2235952 | NS      | $57598123.52  | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| F N B Corp (Pennsylvania)                  | F.N.B. Corp.                                                    | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |   2953059 | NS      | $47573780.49  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust           | Fidelity Investments Money Market Funds  - Government Portfolio | CUSIP: 31607A703<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        | 835173542 | PA      | $835173541.71 | 7.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp                               | Sanmina Corp.                                                   | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |    589453 | NS      | $67851934.83  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems Inc.                     | Commvault Systems, Inc.                                         | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |    362754 | NS      | $68480700.12  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Financial Corp.                   | Lakeland Financial Corp.                                        | CUSIP: 511656100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    312912 | NS      | $20088950.40  | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Clean Harbors, Inc.                        | Clean Harbors, Inc.                                             | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     89351 | NS      | $20749089.22  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs Inc                                  | Crocs, Inc.                                                     | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |    481110 | NS      | $40196740.50  | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| Kontoor Brands Inc                         | Kontoor Brands, Inc.                                            | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |   1006665 | NS      | $80301667.05  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc.                    | Mueller Industries, Inc.                                        | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |    281106 | NS      | $28422627.66  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontdoor Inc                              | Frontdoor, Inc.                                                 | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |   2305078 | NS      | $155108698.62 | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System, Inc.                         | Ryder System, Inc.                                              | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |    666375 | NS      | $125704980.00 | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd.                               | Genpact Ltd.                                                    | CUSIP: G3922B107<br>LEI: 529900OSEC6Q0L4L5B35 | Long             | EC               | CORP              | BM        |   2050234 | NS      | $85884302.26  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity Inc.                                | Acuity Brands, Inc.                                             | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    444703 | NS      | $153151266.17 | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| NBT Bancorp Inc                            | NBT Bancorp, Inc.                                               | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    381638 | NS      | $15937202.88  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Build A Bear Workshop Inc                  | Build-A-Bear Workshop, Inc.                                     | CUSIP: 120076104<br>LEI: 529900S9MWZC1UBF3D13 | Long             | EC               | CORP              | US        |    205606 | NS      | $13407567.26  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulton Financial Corporation               | Fulton Financial Corp.                                          | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |   4065237 | NS      | $75735365.31  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products, Inc.               | Mueller Water Products, Inc.                                    | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |   4862239 | NS      | $124084339.28 | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc                | Sterling Construction Co., Inc.                                 | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |   1050709 | NS      | $356904833.12 | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical Inc.              | Collegium Pharmaceutical, Inc.                                  | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |   1430708 | NS      | $50060472.92  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic, Inc.                         | Cirrus Logic, Inc.                                              | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |   1459979 | NS      | $182920768.91 | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Beacon Financial Corp.                     | Beacon Financial Corporation                                    | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |    656769 | NS      | $15571992.99  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | Reich & Tang Deposit Account                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |  50000000 | PA      | $50000000.00  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Limited             | Axalta Coating Systems Ltd.                                     | CUSIP: G0750C108<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | BM        |   5629817 | NS      | $161125362.54 | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Teekay Tankers Ltd.                        | Teekay Tankers Ltd.                                             | CUSIP: G8726X106<br>LEI: 549300DE8ZAIYS2T6Q22 | Long             | EC               | CORP              | BM        |    302596 | NS      | $15296227.80  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Rev Group Inc                              | REV Group, Inc.                                                 | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |   1817376 | NS      | $102990697.92 | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International Inc.             | CSG Systems International, Inc.                                 | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |   1353287 | NS      | $87124617.06  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Integer Holdings Corp.                     | Integer Holdings Corp.                                          | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |    234174 | NS      | $24197199.42  | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Commercial Metals Company                  | Commercial Metals Co.                                           | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |   3948305 | NS      | $226158910.40 | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Inc                       | Federated Investors, Inc.                                       | CUSIP: 314211103<br>LEI: R05X5UQ874RGFF7HHD84 | Long             | EC               | CORP              | US        |   2683107 | NS      | $139333746.51 | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bankshares Inc             | First Financial Bankshares, Inc.                                | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Long             | EC               | CORP              | US        |    806631 | NS      | $27143133.15  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hanover Insurance Group, Inc.          | Hanover Insurance Group, Inc.                                   | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |    910662 | NS      | $165403539.06 | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                           | Donaldson Co., Inc.                                             | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |   1549092 | NS      | $126793180.20 | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp.   | Science Applications International Corp.                        | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |   1095542 | NS      | $108864008.54 | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Monarch Casino & Resort Inc                | Monarch Casino & Resort, Inc.                                   | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |    347065 | NS      | $36733359.60  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Option Care Health Inc                     | Option Care Health, Inc.                                        | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |   5914711 | NS      | $164192377.36 | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp                               | Griffon Corp.                                                   | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |    674709 | NS      | $51379090.35  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group Inc                            | Match Group, Inc.                                               | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |   6325359 | NS      | $223411679.88 | 1.99%             |  |  |  | No            |                  1 | On Loan: —       |
| Victory Capital Holdings, Inc.             | Victory Capital Holdings, Inc.                                  | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |    347526 | NS      | $22505783.76  | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| BorgWarner Inc.                            | BorgWarner, Inc.                                                | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |   2696100 | NS      | $118520556.00 | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp.                    | Primoris Services Corp.                                         | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |   2312299 | NS      | $317548021.67 | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Topbuild Corporation                       | TopBuild Corp.                                                  | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |    120244 | NS      | $46998569.84  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co                                 | Tennant Co.                                                     | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |    242861 | NS      | $19686312.66  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc.                       | Eagle Materials, Inc.                                           | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |    543552 | NS      | $126669358.08 | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MUFG Collateral                            | MUFG Collateral                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        | 275772450 | PA      | $275772449.50 | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                    | Nexstar Media Group, Inc.                                       | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |    821720 | NS      | $162486912.80 | 1.44%             |  |  |  | No            |                  1 | On Loan: —       |
| Evercore Inc                               | Evercore Partners, Inc.                                         | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |    292302 | NS      | $98599310.64  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                  | Taylor Morrison Home Corp.                                      | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |   2227158 | NS      | $147014699.58 | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc                                | Hawkins, Inc.                                                   | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |    259614 | NS      | $47436670.08  | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Zions Bancorporation Natl Assn Global Bank | Zions Bancorporation                                            | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |   2405882 | NS      | $136124803.56 | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc.                      | Medpace Holdings, Inc.                                          | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |     55554 | NS      | $28563644.64  | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| First Financial Bancorp.                   | First Financial Bancorp                                         | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |   1731787 | NS      | $43727621.75  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Simply Good Foods Company                  | The Simply Good Foods Co.                                       | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1832850 | NS      | $45491337.00  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp.                         | Chord Energy Corp.                                              | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |    316590 | NS      | $31459548.30  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis, Inc.                             | Exelixis, Inc.                                                  | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |   7282316 | NS      | $300759650.80 | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc.                 | Merit Medical Systems, Inc.                                     | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |   1120547 | NS      | $93263126.81  | 0.83%             |  |  |  | No            |                  1 | On Loan: —       |
| Ralph Lauren Corp.                         | Ralph Lauren Corp.                                              | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |    341981 | NS      | $107231562.36 | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corporation                         | Avient Corp.                                                    | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |    299329 | NS      | $9862890.55   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Block(H&R)Inc                              | H&R Block, Inc.                                                 | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |   3895348 | NS      | $196987748.36 | 1.75%             |  |  |  | No            |                  1 | On Loan: —       |
| La-Z-Boy Inc                               | La-Z-Boy, Inc.                                                  | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |    579802 | NS      | $19898804.64  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden Inc.                                | Belden, Inc.                                                    | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |    954394 | NS      | $114784966.38 | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziff Davis Inc                             | Ziff Davis Inc.                                                 | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |    739599 | NS      | $28178721.90  | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Interface, Inc.                            | Interface, Inc.                                                 | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |    805397 | NS      | $23308189.18  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Company          | Graphic Packaging Holding Co.                                   | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    509166 | NS      | $9964378.62   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Armstrong World Industries, Inc.           | Armstrong World Industries, Inc.                                | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |    969469 | NS      | $190025618.69 | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Tegna Inc                                  | Tegna, Inc.                                                     | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |    941050 | NS      | $19131546.50  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica, Inc.                            | Primerica, Inc.                                                 | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |    252683 | NS      | $70142273.97  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc.                   | ExlService Holdings, Inc.                                       | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |   2052956 | NS      | $90391652.68  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc.              | MSC Industrial Direct Co., Inc.                                 | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |   1004570 | NS      | $92561079.80  | 0.82%             |  |  |  | No            |                  1 | On Loan: —       |
| J. B. Hunt Transport Services, Inc.        | JB Hunt Transport Services, Inc.                                | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |    138820 | NS      | $18625479.40  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Progress Software Corp.                    | Progress Software Corp.                                         | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               | CORP              | US        |    603961 | NS      | $26532006.73  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc.                    | CACI International, Inc.                                        | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |    117629 | NS      | $58670992.62  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphastar Pharmaceuticals Inc              | Amphastar Pharmaceuticals, Inc.                                 | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |   1290154 | NS      | $34382604.10  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation               | Encompass Health Corp.                                          | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |   1958746 | NS      | $248799916.92 | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Emcor Group Inc                            | EMCOR Group, Inc.                                               | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |    392286 | NS      | $254805448.44 | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings Inc          | Allison Transmission Holdings, Inc.                             | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |   2429869 | NS      | $206247280.72 | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Upbound Group Inc                          | Upbound Group, Inc.                                             | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |    360675 | NS      | $8522750.25   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Apple Hospitality Reit Inc                 | Apple Hospitality REIT, Inc.                                    | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |   6264047 | NS      | $75231204.47  | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| United Therapeutics Corporation            | United Therapeutics Corp.                                       | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |    295171 | NS      | $123738634.91 | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc.                       | Dorman Products, Inc.                                           | CUSIP: 258278100<br>LEI: 2549000O0BBUX740XR59 | Long             | EC               | CORP              | US        |    843523 | NS      | $131488365.24 | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide Inc                          | ACI Worldwide, Inc.                                             | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |    915450 | NS      | $48308296.50  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co.                                  | Crane Co.                                                       | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |    125103 | NS      | $23036466.42  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonoco Products Company                    | Sonoco Products Co.                                             | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |    969624 | NS      | $41781098.16  | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| Plexus Corp                                | Plexus Corp.                                                    | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |    402357 | NS      | $58217034.33  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies Inc.       | Applied Industrial Technologies, Inc.                           | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |    526500 | NS      | $137442825.00 | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals PLC                   | Jazz Pharmaceuticals PLC                                        | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |   1551145 | NS      | $204440911.00 | 1.82%             |  |  |  | No            |                  1 | On Loan: —       |
| Skywest Inc                                | SkyWest, Inc.                                                   | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |    886773 | NS      | $89227099.26  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital, Inc.                         | InterDigital, Inc.                                              | CUSIP: 45867G101<br>LEI: 529900HQAUTC3VI47G64 | Long             | EC               | CORP              | US        |    316916 | NS      | $109408910.68 | 0.97%             |  |  |  | No            |                  1 | On Loan: —       |
| Blackbaud Inc                              | Blackbaud, Inc.                                                 | CUSIP: 09227Q100<br>LEI: 54930056X3HKFMNG3754 | Long             | EC               | CORP              | US        |    332467 | NS      | $21380952.77  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corporation                    | Boyd Gaming Corp.                                               | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |    470132 | NS      | $40642911.40  | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| Installed Building Products Inc            | Installed Building Products, Inc.                               | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |    129521 | NS      | $31947649.86  | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Assurant Inc.                              | Assurant, Inc.                                                  | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |    612710 | NS      | $132712986.00 | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Capitol Series Trust

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller