# EDGAR Filing Document

**Accession Number:** 0001872253
**File Stem:** 0000940400-25-009729
**Filing Date:** 2025-11
**Character Count:** 31413
**Document Hash:** e5f97f5ccd4d4c41d21a563e6969af30
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009729.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009729

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Total Fund Solution
- **CENTRAL INDEX KEY:** 0001872253

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23724
- **FILM NUMBER:** 251513041

**BUSINESS ADDRESS:**
- **STREET 1:** 810 GLENEAGLES CT
- **STREET 2:** SUITE 106
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21286
- **BUSINESS PHONE:** 703-608-3499

**MAIL ADDRESS:**
- **STREET 1:** 810 GLENEAGLES CT
- **STREET 2:** SUITE 106
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21286

## Series and Classes Contracts Data

### Cromwell Greenspring Mid Cap Fund (Series ID: S000080740)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000243273 | Institutional Class | GRSPX           |

## Nport-Ex

#### Cromwell

#### Greenspring

#### Mid

#### Cap

#### Fund

#### Schedule

#### of

#### Investments
September

30,

2025

(Unaudited)

#### Shares

#### Value

#### COMMON

#### STOCKS

#### -

#### 96

#### .3

#### %

#### Aerospace

#### &

#### Defense

#### -

#### 1

#### .4

#### %
Cadre

Holdings,

Inc.

..................................................................

49,001

$

1,789,026

#### Air

#### Freight

#### &

#### Logistics

#### -

#### 0

#### .4

#### %
United

Parcel

Service,

Inc.

-

Class

B

....................................................

6,445

538,351

#### Banks

#### -

#### 5

#### .3

#### %
OceanFirst

Financial

Corp.

..............................................................

30,012

527,311

Primis

Financial

Corp.

..................................................................

213,985

2,248,982

Shore

Bancshares,

Inc.

.................................................................

124,014

2,035,070

WSFS

Financial

Corp.

..................................................................

31,930

1,721,985

6,533,348

#### Beverages

#### -

#### 3

#### .5

#### %
Keurig

Dr

Pepper,

Inc.

..................................................................

3,050

77,806

Primo

Brands

Corp.

....................................................................

189,582

4,189,762

4,267,568

#### Broadline

#### Retail

#### -

#### 0

#### .6

#### %
Amazon.com,

Inc.

(a) ...................................................................

3,167

695,378

#### Building

#### Products

#### -

#### 6

#### .7

#### %
Advanced

Drainage

Systems,

Inc.

.......................................................

11,925

1,653,998

Johnson

Controls

International

PLC

......................................................

59,997

6,596,670

8,250,668

#### Chemicals

#### -

#### 5

#### .0

#### %
DuPont

de

Nemours,

Inc.

...............................................................

47,262

3,681,710

Minerals

Technologies,

Inc.

.............................................................

30,438

1,890,809

The

Sherwin-Williams

Co.

...............................................................

1,629

564,057

6,136,576

#### Commercial

#### Services

#### &

#### Supplies

#### -

#### 8

#### .3

#### %
Republic

Services,

Inc.

................................................................

44,639

10,243,758

#### Construction

#### &

#### Engineering

#### -

#### 16

#### .3

#### %
EMCOR

Group,

Inc.

....................................................................

18,551

12,049,617

MYR

Group,

Inc.

(a) .....................................................................

38,776

8,066,571

20,116,188

#### Consumer

#### Staples

#### Distribution

#### &

#### Retail

#### -

#### 1

#### .5

#### %
US

Foods

Holding

Corp.

(a) .............................................................

24,486

1,876,117

#### Electric

#### Utilities

#### -

#### 1

#### .1

#### %
NextEra

Energy,

Inc.

..................................................................

17,728

1,338,287

#### Cromwell

#### Greenspring

#### Mid

#### Cap

#### Fund

#### Schedule

#### of

#### Investments
(Continued)

September

30,

2025

(Unaudited)

#### Shares

#### Value

#### COMMON

#### STOCKS

#### -
(Continued)

#### Electrical

#### Equipment

#### -

#### 6

#### .2

#### %
Emerson

Electric

Co.

...................................................................

14,105

$

1,850,294

NEXTracker,

Inc.

-

Class

A

(a) ............................................................

48,915

3,619,221

nVent

Electric

PLC

.....................................................................

20,000

1,972,800

Shoals

Technologies

Group,

Inc.

-

Class

A

(a) ...............................................

34,500

255,645

7,697,960

#### Electronic

#### Equipment,

#### Instruments

#### &

#### Components

#### -

#### 2

#### .9

#### %
Flex

Ltd.

(a) ...........................................................................

61,989

3,593,502

#### Financial

#### Services

#### -

#### 1

#### .3

#### %
Cannae

Holdings,

Inc.

..................................................................

54,598

999,690

Visa,

Inc.

-

Class

A

.....................................................................

1,853

632,577

1,632,267

#### Food

#### Products

#### -

#### 0

#### .1

#### %
Darling

Ingredients,

Inc.

(a) ..............................................................

3,830

118,232

#### Health

#### Care

#### Equipment

#### &

#### Supplies

#### -

#### 3

#### .6

#### %
Abbott

Laboratories

....................................................................

8,155

1,092,281

Medtronic

PLC

........................................................................

14,330

1,364,789

STERIS

PLC

..........................................................................

598

147,969

Zimmer

Biomet

Holdings,

Inc.

...........................................................

18,641

1,836,139

4,441,178

#### Hotels,

#### Restaurants

#### &

#### Leisure

#### -

#### 0

#### .7

#### %
Wyndham

Hotels

&

Resorts,

Inc.

........................................................

11,638

929,876

#### Insurance

#### -

#### 5

#### .4

#### %
Chubb

Ltd.

............................................................................

4,232

1,194,482

W.R.

Berkley

Corp.

.....................................................................

71,415

5,471,817

6,666,299

#### Interactive

#### Media

#### &

#### Services

#### -

#### 4

#### .1

#### %
Alphabet,

Inc.

-

Class

C

.................................................................

11,634

2,833,461

Ziff

Davis,

Inc.

(a) .......................................................................

57,042

2,173,300

5,006,761

#### IT

#### Services

#### -

#### 2

#### .2

#### %
Akamai

Technologies,

Inc.

(a) .............................................................

12,931

979,652

Amdocs

Ltd.

..........................................................................

20,718

1,699,912

2,679,564

#### Oil,

#### Gas

#### &

#### Consumable

#### Fuels

#### -

#### 2

#### .6

#### %
EOG

Resources,

Inc.

...................................................................

25,226

2,828,339

Phillips

............................................................................

2,813

382,624

3,210,963

#### Cromwell

#### Greenspring

#### Mid

#### Cap

#### Fund

#### Schedule

#### of

#### Investments
(Continued)

September

30,

2025

(Unaudited)

#### Shares

#### Value

#### COMMON

#### STOCKS

#### -
(Continued)

#### Personal

#### Care

#### Products

#### -

#### 1

#### .5

#### %
Kenvue,

Inc.

.........................................................................

111,836

$

1,815,098

#### Professional

#### Services

#### -

#### 8

#### .2

#### %
Alight,

Inc.

-

Class

A

....................................................................

685,899

2,236,031

KBR,

Inc.

.............................................................................

167,616

7,926,560

10,162,591

#### Software

#### -

#### 2

#### .2

#### %
Blackbaud,

Inc.

(a) ......................................................................

22,213

1,428,518

Roper

Technologies,

Inc.

................................................................

2,474

1,233,759

2,662,277

#### Technology

#### Hardware,

#### Storage

#### &

#### Peripherals

#### -

#### 0

#### .9

#### %
Pure

Storage,

Inc.

-

Class

A

(a) ..........................................................

13,289

1,113,751

#### Textiles,

#### Apparel

#### &

#### Luxury

#### Goods

#### -

#### 1

#### .0

#### %
Levi

Strauss

&

Co.

-

Class

A

............................................................

51,240

1,193,892

#### Trading

#### Companies

#### &

#### Distributors

#### -

#### 1

#### .6

#### %
Rush

Enterprises,

Inc.

-

Class

A

.........................................................

17,839

953,851

Rush

Enterprises,

Inc.

-

Class

B

.........................................................

17,328

994,974

1,948,825

#### Wireless

#### Telecommunication

#### Services

#### -

#### 1

#### .7

#### %
T-Mobile

US,

Inc.

.....................................................................

8,863

2,121,625

TOTAL

COMMON

STOCKS

(Cost

$

54,074,222)

...........................................................

118,779,926

#### REAL

#### ESTATE

#### INVESTMENT

#### TRUSTS

#### -

#### 1

#### .1

#### %

#### Residential

#### Real

#### Estate

#### Investment

#### Trusts

#### -

#### 1

#### .1

#### %
American

Homes

Rent

-

Class

A

......................................................

42,695

1,419,609

TOTAL

REAL

ESTATE

INVESTMENT

TRUSTS

(Cost

$

1,149,578)

...........................................

1,419,609

TOTAL

INVESTMENTS

-

.4

%

(Cost

$

55,223,800)

.......................................................

$

120,199,535

Other

Assets

in

Excess

of

Liabilities

-

.6

%

................................................................

3,184,194

#### TOTAL

#### NET

#### ASSETS

#### -

#### 100%

#### ...........................................................................

#### $

#### 123,383,729
Percentages

are

stated

as

a

percent

of

net

assets.

PLC

-

Public

Limited

Company

(a) Non-income

producing

security.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Total Fund Solution

- **b. Investment Company Act file number:** 811-23724

- **c. CIK number of Registrant:** 0001872253

- **d. LEI of Registrant:** 549300CL4E1CB85QJL55

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

  - **Street Address 1:** 615 E. MICHIGAN STREET

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 626-914-7363

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

- **a. Name of Series:** Cromwell Greenspring Mid Cap Fund

- **b. EDGAR series identifier (if any):** S000080740

- **c. LEI of Series:** 5493000KPKZ0TH7ADM48

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

- **a. Date of fiscal year-end:** 2025-12-31

- **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:** $123570479.36

**Total Liabilities:** $171314.28

**Net Assets:** $123399165.08

**Cash Not Reported:** $62966.31

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243273 | 1.61%                | 2.83%                | -0.26%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2096563.71              | $-94976.47                                 |
| Month 2  | $219461.10               | $3132768.13                                |
| Month 3  | $557212.20               | $-914905.00                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| W R Berkley Corp                                  | W R Berkley Corp                                  | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |     71415 | NS      | $5471817.30   | 4.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Alight Inc                                        | Alight Inc                                        | CUSIP: 01626W101<br>LEI: 549300600ESCO1HTVN74 | Long             | EC               | CORP              | US        |    685899 | NS      | $2236030.74   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                                     | MYR Group Inc                                     | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |     38776 | NS      | $8066571.28   | 6.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                          | Visa Inc                                          | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1853 | NS      | $632577.14    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackbaud Inc                                     | Blackbaud Inc                                     | CUSIP: 09227Q100<br>LEI: 54930056X3HKFMNG3754 | Long             | EC               | CORP              | US        |     22213 | NS      | $1428518.03   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International                    | Johnson Controls International plc                | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |     59997 | NS      | $6596670.15   | 5.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Cannae Holdings Inc                               | Cannae Holdings Inc                               | CUSIP: 13765N107<br>LEI: 549300OGRF1ICI7D2V77 | Long             | EC               | CORP              | US        |     54598 | NS      | $999689.38    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                      | Wyndham Hotels & Resorts Inc                      | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     11638 | NS      | $929876.20    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziff Davis Inc                                    | Ziff Davis Inc                                    | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |     57042 | NS      | $2173300.20   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                     | Medtronic PLC                                     | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     14330 | NS      | $1364789.20   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                           | Sherwin-Williams Co/The                           | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      1629 | NS      | $564057.54    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTracker Inc                                    | NEXTracker Inc                                    | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48915 | NS      | $3619220.85   | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoals Technologies Group Inc                     | Shoals Technologies Group Inc                     | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34500 | NS      | $255645.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                                        | STERIS PLC                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       598 | NS      | $147969.12    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| OceanFirst Financial Corp                         | OceanFirst Financial Corp                         | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30012 | NS      | $527310.84    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc                              | Keurig Dr Pepper Inc                              | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |      3050 | NS      | $77805.50     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                             | American Homes 4 Rent                             | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |     42695 | NS      | $1419608.75   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc                              | Rush Enterprises Inc                              | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     17839 | NS      | $953851.33    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Levi Strauss & Co                                 | Levi Strauss & Co                                 | CUSIP: 52736R102<br>LEI: MB0UERO0RDFKU8258G77 | Long             | EC               | CORP              | US        |     51240 | NS      | $1193892.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                    | Amazon.com Inc                                    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      3167 | NS      | $695378.19    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                      | Alphabet Inc                                      | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     11634 | NS      | $2833460.70   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DuPont de Nemours Inc                             | DuPont de Nemours Inc                             | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     47262 | NS      | $3681709.80   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                        | Zimmer Biomet Holdings Inc                        | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     18641 | NS      | $1836138.50   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                               | Abbott Laboratories                               | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      8155 | NS      | $1092280.70   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc                             | Republic Services Inc                             | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     44639 | NS      | $10243757.72  | 8.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                                | NextEra Energy Inc                                | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     17728 | NS      | $1338286.72   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems Inc                     | Advanced Drainage Systems Inc                     | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     11925 | NS      | $1653997.50   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Primo Brands Corp                                 | Primo Brands Corp                                 | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |    189582 | NS      | $4189762.20   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                                           | KBR Inc                                           | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |    167616 | NS      | $7926560.64   | 6.42%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric PLC                                | nVent Electric PLC                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |     20000 | NS      | $1972800.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue Inc                                        | Kenvue Inc                                        | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |    111836 | NS      | $1815098.28   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Treasury Obligations Cash Management Fund | Dreyfus Treasury Obligations Cash Management Fund | CUSIP: 261908107<br>LEI: 549300MKKM9KT7BF6329 | Long             | STIV             | RF                | US        |   3098746 | NS      | $3098745.62   | 2.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Darling Ingredients Inc                           | Darling Ingredients Inc                           | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |      3830 | NS      | $118232.10    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp                               | WSFS Financial Corp                               | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     31930 | NS      | $1721984.90   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                       | Phillips 66                                       | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |      2813 | NS      | $382624.26    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies Inc                         | Minerals Technologies Inc                         | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |     30438 | NS      | $1890808.56   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd                                        | Amdocs Ltd                                        | CUSIP: 000000000<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | US        |     20718 | NS      | $1699911.90   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                                         | Chubb Ltd                                         | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |      4232 | NS      | $1194482.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Shore Bancshares Inc                              | Shore Bancshares Inc                              | CUSIP: 825107105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    124014 | NS      | $2035069.74   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadre Holdings Inc                                | Cadre Holdings Inc                                | CUSIP: 12763L105<br>LEI: 2549006IKQEWJ8M7CB97 | Long             | EC               | CORP              | US        |     49001 | NS      | $1789026.51   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                                   | EMCOR Group Inc                                   | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     18755 | NS      | $12182122.70  | 9.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies Inc                           | Akamai Technologies Inc                           | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |     12931 | NS      | $979652.56    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co                               | Emerson Electric Co                               | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     14105 | NS      | $1850293.90   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp                             | US Foods Holding Corp                             | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     24486 | NS      | $1876117.32   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                   | T-Mobile US Inc                                   | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      8863 | NS      | $2121624.94   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage Inc                                  | Pure Storage Inc                                  | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |     13289 | NS      | $1113751.09   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                                 | EOG Resources Inc                                 | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     25226 | NS      | $2828339.12   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                            | Roper Technologies Inc                            | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      2424 | NS      | $1208824.56   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc                         | United Parcel Service Inc                         | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      6445 | NS      | $538350.85    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc                              | Rush Enterprises Inc                              | CUSIP: 781846308<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     17328 | NS      | $994973.76    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd                                          | Flex Ltd                                          | CUSIP: 000000000<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | US        |     61989 | NS      | $3593502.33   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Primis Financial Corp                             | Primis Financial Corp                             | CUSIP: 74167B109<br>LEI: 549300JNX3M2EENG1F11 | Long             | EC               | CORP              | US        |    213985 | NS      | $2248982.35   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Total Fund Solution

**Signature:** Brian Nelson

**Name of Signer:** Brian Nelson

**Title:** Treasurer, Principal Financial Officer