# EDGAR Filing Document

**Accession Number:** 0001969674
**File Stem:** 0001003715-26-001929
**Filing Date:** 2026-5
**Character Count:** 19003
**Document Hash:** 9c36d27deaab9206a14cfdeb35f5769e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001003715-26-001929.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0001003715-26-001929

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 2023 ETF Series Trust
- **CENTRAL INDEX KEY:** 0001969674

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23883
- **FILM NUMBER:** 261023765

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET
- **STREET 2:** SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **BUSINESS PHONE:** (833) 782-2211

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET
- **STREET 2:** SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI

## Series and Classes Contracts Data

### Harrison Street Infrastructure Active ETF (Series ID: S000099722)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000269502 | Harrison Street Infrastructure Active ETF |  |

## Nport-Ex

---

| | |
|:---|:---|
| **Schedule of Investments** | **Harrison Street Infrastructure Active ETF** |

---

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 98.3%** | **Shares** | **Value** |
| **Communication Services - 2.1%** |  |  |
| Cellnex Telecom S.A. - 144A | 72873 | $2335705 |
| **Energy - 14.5%** |  |  |
| Cheniere Energy, Inc. | 11842 | 3360286 |
| Targa Resources Corp. | 17850 | 4475530 |
| TC Energy Corp. | 60690 | 3800378 |
| Williams Cos, Inc. | 65110 | 4738706 |
|  |  | 16374900 |
| **Industrials - 27.8%** |  |  |
| Aena SME S.A. - 144A | 120020 | 3540265 |
| Canadian National Railway Co. | 34340 | 3534470 |
| CSX Corp. | 81050 | 3327103 |
| East Japan Railway Co. | 103700 | 2368624 |
| Ferrovial SE | 45687 | 2926582 |
| Grupo Aeroportuario del Pacifico SAB de CV - Class B | 50550 | 1245008 |
| Grupo Aeroportuario del Sureste SAB de CV - Class B | 46070 | 1553574 |
| International Container Terminal Services, Inc. | 247980 | 2808399 |
| Transurban Group | 358360 | 3463979 |
| Union Pacific Corp. | 19380 | 4701976 |
| Vinci S.A. | 12609 | 1870587 |
|  |  | 31340567 |
| **Real Estate - 2.8%** |  |  |
| American Tower Corp. | 17910 | 3090908 |
| **Utilities - 51.1%** |  |  |
| Ameren Corp. | 23211 | 2551353 |
| American Electric Power Co., Inc. | 26690 | 3498525 |
| Atmos Energy Corp. | 26860 | 4961579 |
| CenterPoint Energy, Inc. | 114580 | 4945273 |
| Compania Paranaense de Energia - Copel | 406200 | 1210009 |
| Consolidated Edison, Inc. | 23127 | 2617514 |
| Elia Group S.A./NV - Class B<sup>(a)</sup> | 20237 | 3082925 |
| Entergy Corp. | 35870 | 4030353 |
| Exelon Corp. | 30616 | 1500796 |
| FirstEnergy Corp. | 11097 | 562174 |
| Italgas SpA | 249168 | 2888648 |
| Kansai Electric Power Co., Inc. | 66470 | 1082459 |
| National Grid PLC | 341477 | 5737873 |
| NextEra Energy, Inc. | 51850 | 4815828 |
| Osaka Gas Co. Ltd. | 21408 | 860745 |
| Pennon Group PLC | 207570 | 1454747 |
| PG&E Corp. | 207369 | 3643473 |
| Sempra | 37110 | 3605979 |
| Xcel Energy, Inc. | 57507 | 4568356 |
|  |  | 57618609 |
| **TOTAL COMMON STOCKS** (Cost $109,608,166) |  | 110760689 |

---

The accompanying notes are an integral part of these consolidated financial statements.

---

| | |
|:---|:---|
| **Schedule of Investments (continued)** | **Harrison Street Infrastructure Active ETF** |

---

March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **SHORT-TERM INVESTMENTS - 0.8%** | **Principal** | **Principal** | **Value** |
| **Time Deposits – 0.8%** |  |  |  |
| Citibank, London, 0.85%, 04/01/2026 | EUR | 812 | $935 |
| JPMorgan Chase, New York, 2.98%, 04/01/2026 | USD | 934932 | 934932 |
| Royal Bank of Canada, Toronto, 1.08%, 04/01/2026 | CAD | 23566 | 16886 |
| Sumitomo Mitsui Banking Corp., Tokyo, 0.20%, 04/01/2026 | JPY | 285 | 2 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $952,755) |  |  | 952755 |
| **TOTAL INVESTMENTS - 99.1%** (Cost $110,560,921) |  |  | 111713444 |
| Other Assets in Excess of Liabilities - 0.9% |  |  | 956789 |
| **TOTAL NET ASSETS - 100.0%** |  |  | $112670233 |

---

Percentages are stated as a percent of net assets.

PLC - Public Limited Company

144A - Securities exempt from registration under Rule 144A under the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

The accompanying notes are an integral part of these consolidated financial statements.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** 2023 ETF Series Trust

- **b. Investment Company Act file number:** 811-23883

- **c. CIK number of Registrant:** 0001969674

- **d. LEI of Registrant:** 5493000L2E3DBUPMOK03

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

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 262-267-4589

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

- **a. Name of Series:** Harrison Street Infrastructure Active ETF

- **b. EDGAR series identifier (if any):** S000099722

- **c. LEI of Series:** 254900NFNPRVYRV1AP90

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

- **a. Date of fiscal year-end:** 2026-12-31

- **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:** $113019842.48

**Total Liabilities:** $351664.01

**Net Assets:** $112668178.47

**Cash Not Reported:** $1167741.17

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000269502 | -0.26%               | 10.36%               | -4.17%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-3373.31                                  |
| Month 2  | $-17928.61               | $6025659.55                                |
| Month 3  | $-206522.58              | $-4888911.99                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMEREN CORPORATION             | AMEREN CORPORATION 0.00000000                 | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     23211 | NS      | $2551353.12   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER        | AMERICAN ELECTRIC POWER 0.00000000            | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     26690 | NS      | $3498525.20   | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP            | AMERICAN TOWER CORP 0.00000000                | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | RE               | CORP              | US        |     17910 | NS      | $3090907.80   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ATMOS ENERGY CORP              | ATMOS ENERGY CORP 0.00000000                  | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     26860 | NS      | $4961579.20   | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX CORP                       | CSX CORP 0.00000000                           | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     81050 | NS      | $3327102.50   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN NATL RAILWAY CO /CAD/ | CANADIAN NATL RAILWAY CO /CAD/ 0.00000000     | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |     34340 | NS      | $3534469.99   | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTERPOINT ENERGY INC         | CENTERPOINT ENERGY INC 0.00000000             | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |    114580 | NS      | $4945272.80   | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CHENIERE ENERGY INC            | CHENIERE ENERGY INC 0.00000000                | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     11842 | NS      | $3360285.92   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOLIDATED EDISON INC        | CONSOLIDATED EDISON INC 0.00000000            | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     23127 | NS      | $2617513.86   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPANHIA PARANAENSE DE  /BRL/ | COMPANHIA PARANAENSE DE ENER /BRL/ 0.00000000 | CUSIP: P30557105<br>LEI: 2549001AS1I9A71VG663 | Long             | EC               | CORP              | BR        |    406200 | NS      | $1210009.17   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GRUPO AEROPORT DEL SURES /MXN/ | GRUPO AEROPORT DEL SURESTE-B /MXN/ 0.00000000 | CUSIP: P4950Y100<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |     46070 | NS      | $1553574.07   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORP                   | ENTERGY CORP 0.00000000                       | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     35870 | NS      | $4030353.20   | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORP                    | EXELON CORP 0.00000000                        | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     30616 | NS      | $1500796.32   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP               | FIRSTENERGY CORP 0.00000000                   | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     11097 | NS      | $562174.02    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSURBAN GROUP /AUD/         | TRANSURBAN GROUP /AUD/ 0.00000000             | CUSIP: Q9194A106<br>LEI: 549300ZR71SUQ4VUTM79 | Long             | EC               | CORP              | AU        |    358360 | NS      | $3463979.09   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EAST JAPAN RAILWAY CO /JPY/    | EAST JAPAN RAILWAY CO /JPY/ 0.00000000        | CUSIP: J1257M109<br>LEI: 353800SENYJ2DSM6PS44 | Long             | EC               | CORP              | JP        |    103700 | NS      | $2368624.18   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INTL CONTAINER TERM SVCS /PHP/ | INTL CONTAINER TERM SVCS INC /PHP/ 0.00000000 | CUSIP: Y41157101<br>LEI: 254900FU1MWK0I0Q4J61 | Long             | EC               | CORP              | PH        |    295300 | NS      | $3344302.88   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| KANSAI ELECTRIC POWER CO /JPY/ | KANSAI ELECTRIC POWER CO INC /JPY/ 0.00000000 | CUSIP: J30169106<br>LEI: 353800PFUKP5ONPJNZ86 | Long             | EC               | CORP              | JP        |     66470 | NS      | $1082459.37   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC             | NEXTERA ENERGY INC 0.00000000                 | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     51850 | NS      | $4815828.00   | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| OSAKA GAS CO LTD /JPY/         | OSAKA GAS CO LTD /JPY/ 0.00000000             | CUSIP: J62320130<br>LEI: 353800024KMNOPQRWZ02 | Long             | EC               | CORP              | JP        |     21408 | NS      | $860744.45    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| P G & E CORP                   | P G & E CORP 0.00000000                       | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    207369 | NS      | $3643473.33   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA                         | SEMPRA 0.00000000                             | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     37110 | NS      | $3605978.70   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGA RESOURCES CORP           | TARGA RESOURCES CORP 0.00000000               | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     17850 | NS      | $4475530.50   | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| TC ENERGY CORP /CAD/           | TC ENERGY CORP /CAD/ 0.00000000               | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |     60690 | NS      | $3800378.05   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| UNION PACIFIC CORP             | UNION PACIFIC CORP 0.00000000                 | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     19380 | NS      | $4701975.60   | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS COS INC               | WILLIAMS COS INC 0.00000000                   | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     65110 | NS      | $4738705.80   | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| XCEL ENERGY INC                | XCEL ENERGY INC 0.00000000                    | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     57507 | NS      | $4568356.08   | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ELIA GROUP SA/NV /EUR/         | ELIA GROUP SA/NV /EUR/ 0.00000000             | CUSIP: B35656105<br>LEI: 549300S1MP1NFDIKT460 | Long             | EC               | CORP              | BE        |     20237 | NS      | $3082925.37   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| GRUPO AEROPORT DEL PACIF /MXN/ | GRUPO AEROPORT DEL PACIFIC-B /MXN/ 0.00000000 | CUSIP: P4959P100<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |     50550 | NS      | $1245008.45   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| VINCI SA /EUR/                 | VINCI SA /EUR/ 0.00000000                     | CUSIP: F5879X108<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |     12609 | NS      | $1870587.33   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ITALGAS SPA /EUR/              | ITALGAS SPA /EUR/ 0.00000000                  | CUSIP: T6R89Z103<br>LEI: 815600F25FF44EF1FA76 | Long             | EC               | CORP              | IT        |    249168 | NS      | $2888648.30   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL GRID PLC /GBP/        | NATIONAL GRID PLC /GBP/ 0.00000000            | CUSIP: G6S9A7120<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |    341477 | NS      | $5737872.74   | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNON GROUP PLC /GBP/         | PENNON GROUP PLC /GBP/ 0.00000000             | CUSIP: G8295T239<br>LEI: 213800V1CCTS41GWH423 | Long             | EC               | CORP              | GB        |    207570 | NS      | $1454746.42   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FERROVIAL SE /EUR/             | FERROVIAL SE /EUR/ 0.00000000                 | CUSIP: N3168P101<br>LEI: 72450022R2ZFL41Y6I04 | Long             | EC               | CORP              | NL        |     45687 | NS      | $2926581.57   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| AENA SME SA /EUR/              | AENA SME SA /EUR/ 144A 0.00000000             | CUSIP: E526LK101<br>LEI: N/A                  | Long             | EC               | CORP              | ES        |    120020 | NS      | $3540264.93   | 3.14%             |  |  |  | Yes           |                  1 | On Loan: No      |
| CELLNEX TELECOM SA /EUR/       | CELLNEX TELECOM SA /EUR/ 144A 0.00000000      | CUSIP: E2R41M104<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |     72873 | NS      | $2335704.99   | 2.07%             |  |  |  | Yes           |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Aaron Perkovich

**Signature:** Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Principal Financial Officer