# EDGAR Filing Document

**Accession Number:** 0001645192
**File Stem:** 0001413042-25-000887
**Filing Date:** 2025-10
**Character Count:** 22353
**Document Hash:** b77417247fbb82cb8c154ab6382cd3ed
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413042-25-000887.hdr.sgml**: 20251023

**ACCESSION NUMBER**: 0001413042-25-000887

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251023

**DATE AS OF CHANGE**: 20251023

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WP Trust
- **CENTRAL INDEX KEY:** 0001645192

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23086
- **FILM NUMBER:** 251411662

**BUSINESS ADDRESS:**
- **STREET 1:** 127 NW 13TH STREET SUITE 13
- **CITY:** BOCA RATON
- **STATE:** FL
- **ZIP:** 33432
- **BUSINESS PHONE:** 800-950-9112

**MAIL ADDRESS:**
- **STREET 1:** 127 NW 13TH STREET SUITE 13
- **CITY:** BOCA RATON
- **STATE:** FL
- **ZIP:** 33432

## Series and Classes Contracts Data

### IPS Strategic Capital Absolute Return Fund (Series ID: S000053361)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000167870 | Institutional Class Shares | IPSAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** WP Trust

- **b. Investment Company Act file number:** 811-23086

- **c. CIK number of Registrant:** 0001645192

- **d. LEI of Registrant:** 549300N7GBLBE3X3CK58

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

  - **Street Address 1:** 127 NW 13th Street

  - **City:** Boca Raton

  - **State:** FL

  - **Foreign country:** US

  - **Zip / Postal Code:** 33432

  - **Telephone number:** 619-588-9700

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

- **a. Name of Series:** IPS Strategic Capital Absolute Return Fund

- **b. EDGAR series identifier (if any):** S000053361

- **c. LEI of Series:** 549300EAVV1HID2KUA21

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-08-31

**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:** $70111332.26

**Total Liabilities:** $16587883.79

**Net Assets:** $53523448.47

**Cash Not Reported:** $1063728.79

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000167870 | 4.14%                | 0.90%                | 1.07%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-692.72                                   |
| Month 2  | $0.00                    | $2576.64                                   |
| Month 3  | $209.26                  | $2425.05                                   |

**Designated Index Information**

- **Index Name:** S&P 500 (TR)

- **Index Identifier:** S&P500TR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Money Market Obligations Trust                                                                 | Federated Hermes Money Market Obligations Fund - Institutional Class | CUSIP: 60934N104<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |   2966439 | NS      | $2966439.00   | 5.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2025 Corporate Bond ETF | Invesco BulletShares 2025 Corporate Bond ETF                         | CUSIP: 46138J825<br>LEI: 549300LMVWJSP9L6QN78 | Long             | EC               | CORP              | US        |    519523 | NS      | $10748930.87  | 20.08%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF Trust                                                                         | SPDR S&P 500 ETF Trust                                               | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |         1 | NS      | $645.05       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 02/20/26 C5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        28 | NC      | $4422320.00   | 8.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 02/20/26 C6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -28 | NC      | $-1911980.00  | -3.57%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 02/20/26 P5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -28 | NC      | $-107240.00   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 02/20/26 P6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        28 | NC      | $337540.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 03/20/26 C5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        28 | NC      | $4472580.00   | 8.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 03/20/26 C6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -28 | NC      | $-1997240.00  | -3.73%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 03/20/26 P5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -28 | NC      | $-129920.00   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 03/20/26 P6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        28 | NC      | $387520.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 04/17/26 C5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        25 | NC      | $4042250.00   | 7.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 04/17/26 C6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -25 | NC      | $-1858750.00  | -3.47%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 04/17/26 P5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -25 | NC      | $-134875.00   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 04/17/26 P6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        25 | NC      | $383625.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 10/17/25 C5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        60 | NC      | $8935500.00   | 16.69%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 10/17/25 C6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -60 | NC      | $-3120300.00  | -5.83%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 10/17/25 P5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -60 | NC      | $-32100.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 10/17/25 P6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        60 | NC      | $180900.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 11/21/25 C5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        10 | NC      | $1512100.00   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 11/21/25 C6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -10 | NC      | $-568000.00   | -1.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 11/21/25 P5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -10 | NC      | $-13900.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 11/21/25 P6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        10 | NC      | $59550.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 01/16/26 C5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        30 | NC      | $4668300.00   | 8.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 01/16/26 C6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -30 | NC      | $-1929150.00  | -3.60%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 01/16/26 P5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -30 | NC      | $-85350.00    | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 01/16/26 P6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        30 | NC      | $294150.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 09/19/25 C5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        31 | NC      | $4563510.00   | 8.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 09/19/25 C6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -31 | NC      | $-1492185.00  | -2.79%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 09/19/25 P5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -31 | NC      | $-4107.50     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 09/19/25 P6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        31 | NC      | $25885.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 09/19/25 P6050                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -24 | NC      | $-23880.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 10/17/25 P6050                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |      -141 | NC      | $-479400.00   | -0.90%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 10/17/25 P6510                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        94 | NC      | $1153380.00   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 12/19/25 C5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        35 | NC      | $5357800.00   | 10.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 12/19/25 C6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -35 | NC      | $-2114000.00  | -3.95%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 12/19/25 P4850                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |         3 | NC      | $5475.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 12/19/25 P5000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -35 | NC      | $-74550.00    | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX Us 12/19/25 P6000                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        35 | NC      | $282275.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPXW Us 09/02/25 C5400                                               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       125 | NC      | $13285625.00  | 24.82%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPX 09/19/25 P6400                                                   | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        16 | NC      | $76560.00     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPXW Us 10/03/25 P5875                                               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |      -150 | NC      | $-210750.00   | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPXW Us 10/03/25 P6325                                               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       100 | NC      | $535500.00    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPXW Us 10/31/25 P4840                                               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |      -300 | NC      | $-216000.00   | -0.40%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                                         | SPXW Us 10/31/25 P5490                                               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       200 | NC      | $337000.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-21

**Name of Applicant:** WP Trust

**Signature:** /s/ James Craft

**Name of Signer:** James Craft

**Title:** Treasurer