# EDGAR Filing Document

**Accession Number:** 0001815558
**File Stem:** 0000910472-26-005701
**Filing Date:** 2026-4
**Character Count:** 38871
**Document Hash:** 0e58b6971a2d4bf22b09ff5446166a1b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-005701.hdr.sgml**: 20260427

**ACCESSION NUMBER**: 0000910472-26-005701

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260427

**DATE AS OF CHANGE**: 20260427

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Waycross Independent Trust
- **CENTRAL INDEX KEY:** 0001815558

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23581
- **FILM NUMBER:** 26896747

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-587-3400

**MAIL ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### WAYCROSS MANAGED RISK EQUITY FUND (Series ID: S000069481)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000221782 | WAYCROSS MANAGED RISK EQUITY FUND | WAYEX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Waycross Independent Trust

- **b. Investment Company Act file number:** 811-23581

- **c. CIK number of Registrant:** 0001815558

- **d. LEI of Registrant:** 549300V2Z4A93B0ZQR11

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

  - **Street Address 1:** 4965 U.S. Highway 42

  - **City:** Louisville

  - **State:** KY

  - **Foreign country:** US

  - **Zip / Postal Code:** 40222

  - **Telephone number:** (502) 410-1912

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

- **a. Name of Series:** WAYCROSS MANAGED RISK EQUITY FUND

- **b. EDGAR series identifier (if any):** S000069481

- **c. LEI of Series:** 549300U60O75JGNNWC07

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

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

- **b. Date as of which information is reported:** 2026-02-28

**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:** $154509882.13

**Total Liabilities:** $45559264.77

**Net Assets:** $108950617.36

**Cash Not Reported:** $47239692.55

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000221782 | -0.13%               | -0.17%               | -1.06%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $933457.80               | $-1111257.99                               |
| Month 2  | $-599209.24              | $388203.42                                 |
| Month 3  | $1344454.92              | $-2549687.96                               |

**Designated Index Information**

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

- **Index Identifier:** 500

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Genuine Parts Co                             | Genuine Parts Co                                         | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Short            | EC               | CORP              | US        |     -9200 | NS      | $-1097192.00  | -1.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Revvity Inc                                  | Revvity, Inc. Short                                      | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Short            | EC               | CORP              | US        |    -10870 | NS      | $-1068629.70  | -0.98%            |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.                        | Lowe's Companies, Inc.                                   | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      8505 | NS      | $2250167.85   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                           | Meta Platforms, Inc. Class A                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3137 | NS      | $2033340.66   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc.                     | lululemon athletica, inc.                                | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Short            | EC               | CORP              | US        |     -5700 | NS      | $-1055469.00  | -0.97%            |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Companies Inc.                      | Carlisle Companies, Inc.                                 | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      4577 | NS      | $1806862.29   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp.                       | Truist Financial Corporation                             | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     39388 | NS      | $1942222.28   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.                 | CADENCE DESIGN - SHORT POSITION                          | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Short            | EC               | CORP              | US        |     -2300 | NS      | $-693220.00   | -0.64%            |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc.               | Old Dominion Freight Line, Inc. Short                    | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Short            | EC               | CORP              | US        |     -5600 | NS      | $-1137080.00  | -1.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                                   | BIOGEN IDEC, INC. - SHORT POSITION                       | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Short            | EC               | CORP              | US        |     -6700 | NS      | $-1285194.00  | -1.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Becton, Dickinson and Company                | Becton Dickinson & Company                               | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |      4087 | NS      | $721273.76    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc.                     | ILLINOIS TOOL WORKS, INC. SHORT                          | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Short            | EC               | CORP              | US        |     -5400 | NS      | $-1569402.00  | -1.44%            |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                                  | Zoetis, Inc.                                             | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Short            | EC               | CORP              | US        |     -8000 | NS      | $-1048800.00  | -0.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.                       | Micron Technology, Inc.                                  | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      2600 | NS      | $1072162.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corporation                         | M&T Bank Corporation                                     | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Short            | EC               | CORP              | US        |     -5500 | NS      | $-1193390.00  | -1.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                | MEDTRONIC PLC SHORT                                      | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Short            | EC               | CORP              | US        |    -14800 | NS      | $-1445368.00  | -1.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp.            | BOOZ ALLEN HAMILTON HOLDING CORPORATION SHORT            | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Short            | EC               | CORP              | US        |    -12000 | NS      | $-945960.00   | -0.87%            |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                          | Fifth Third Bancorp                                      | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     39492 | NS      | $1953669.24   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                               | Citigroup, Inc.                                          | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     20281 | NS      | $2234763.39   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                                 | Fortinet, Inc. Short                                     | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Short            | EC               | CORP              | US        |    -11500 | NS      | $-908845.00   | -0.83%            |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc.                       | BURLINGTON STORES, INC. SHORT                            | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Short            | EC               | CORP              | US        |     -4400 | NS      | $-1350228.00  | -1.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc.                       | Applied Materials, Inc.                                  | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      3000 | NS      | $1116900.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.                      | Intuitive Surgical, Inc.                                 | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      4449 | NS      | $2240115.99   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc.                       | TEXAS INSTRUMENTS, INC. SHORT                            | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Short            | EC               | CORP              | US        |     -3650 | NS      | $-774201.50   | -0.71%            |  |  |  | No            |                  1 | On Loan: No      |
| Price T Rowe Group Inc.                      | T Rowe Price Group, Inc.                                 | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Short            | EC               | CORP              | US        |    -13300 | NS      | $-1258579.00  | -1.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                   | ZIMMER BIOMET HOLDINGS, INC. SHORT                       | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Short            | EC               | CORP              | US        |    -12810 | NS      | $-1261016.40  | -1.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corporation                | REGIONS FINANCIAL CORPORATION SHORT                      | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Short            | EC               | CORP              | US        |    -47400 | NS      | $-1319142.00  | -1.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.                 | Honeywell International, Inc.                            | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      5253 | NS      | $1279578.27   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)                           | Coca-Cola Company (The)                                  | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     14000 | NS      | $1141840.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker, Inc.                 | Stanley Black & Decker, Inc.                             | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     17600 | NS      | $1522224.00   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                               | ConocoPhillips                                           | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Short            | EC               | CORP              | US        |    -12600 | NS      | $-1429596.00  | -1.31%            |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                                 | Oracle Corporation                                       | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      3200 | NS      | $465280.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technologies Ltd.       | Check Point Software Technologies Ltd.                   | CUSIP: M22465104<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |      6443 | NS      | $979787.01    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                      | Mastercard, Inc. Class A                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      4624 | NS      | $2391579.04   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                  | Workday, Inc. Class A                                    | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Short            | EC               | CORP              | US        |     -8750 | NS      | $-1170400.00  | -1.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc.                          | Analog Devices, Inc.                                     | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      3057 | NS      | $1087650.03   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                   | Intuit, Inc.                                             | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      2393 | NS      | $978808.79    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                    | Adobe Systems, Inc. Short                                | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Short            | EC               | CORP              | US        |     -4600 | NS      | $-1207086.00  | -1.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corporation                           | Waters Corporation                                       | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |         0 | NS      | $47.08        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc                      | Commerce Bancshares, Inc.                                | CUSIP: 200525103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -17419 | NS      | $-888194.81   | -0.82%            |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corporation             | EDWARDS LIFESCIENCES CORPORATION SHORT                   | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Short            | EC               | CORP              | US        |    -14000 | NS      | $-1210580.00  | -1.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                         | Emerson Electric Company                                 | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     10063 | NS      | $1516997.25   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc.                  | Advanced Micro Devices, Inc.                             | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      7592 | NS      | $1519994.32   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries, Inc.                         | PPG INDUSTRIES, INC. SHORT                               | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Short            | EC               | CORP              | US        |    -10700 | NS      | $-1318989.00  | -1.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                                  | Ovintiv, Inc.                                            | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Short            | EC               | CORP              | US        |    -29300 | NS      | $-1482287.00  | -1.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                                 | Target Corporation                                       | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Short            | EC               | CORP              | US        |    -12000 | NS      | $-1365480.00  | -1.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                              | Xcel Energy, Inc.                                        | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     19205 | NS      | $1600928.80   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                          | COMCAST CORPORATION CLASS A                              | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Short            | EC               | CORP              | US        |    -38000 | NS      | $-1176480.00  | -1.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.                   | Constellation Brands, Inc. Class A                       | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Short            | EC               | CORP              | US        |     -7100 | NS      | $-1120806.00  | -1.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co.                                 | Southern Company                                         | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Short            | EC               | CORP              | US        |    -12000 | NS      | $-1168560.00  | -1.07%            |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                           | EOG Resources, Inc.                                      | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      5136 | NS      | $637274.88    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                                 | Autodesk, Inc. Short                                     | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Short            | EC               | CORP              | US        |     -4000 | NS      | $-983480.00   | -0.90%            |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                             | McDonald's Corporation                                   | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      3737 | NS      | $1274541.22   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                | Alphabet, Inc. Class A                                   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     15410 | NS      | $4804221.60   | 4.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc.                                  | Fiserv, Inc. SHORT                                       | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Short            | EC               | CORP              | US        |    -10000 | NS      | $-622900.00   | -0.57%            |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison, Inc.                    | Consolidated Edison, Inc.                                | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Short            | EC               | CORP              | US        |    -13500 | NS      | $-1519020.00  | -1.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group Incorporated | Public Service Enterprise Group, Inc.                    | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     14000 | NS      | $1204980.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Nike, Inc.                                   | NIKE, Inc. Class B                                       | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     17760 | NS      | $1104316.80   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dupont De Nemours Inc                        | DuPont de Nemours, Inc.                                  | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     29071 | NS      | $1454712.84   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                   | Apple, Inc.                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     10500 | NS      | $2773890.00   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust             | Fidelity Institutional Money Market Government Portfolio | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |   6837659 | PA      | $6837659.03   | 6.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                       | Diamondback Energy, Inc.                                 | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      8106 | NS      | $1411092.48   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings Inc.    | Knight-Swift Transportation Holdings, Inc.               | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25300 | NS      | $1591876.00   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.                       | TJX Companies, Inc. (The)                                | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     10977 | NS      | $1774541.82   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                 | NVIDIA Corporation                                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     23851 | NS      | $4226158.69   | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                           | Ingersoll Rand, Inc.                                     | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |     23618 | NS      | $2223398.52   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                   | Chipotle Mexican Grill, Inc.                             | CUSIP: 169656105<br>LEI: 529900REP5VGTPCP1J71 | Long             | EC               | CORP              | US        |     29000 | NS      | $1079380.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co.                                   | Boeing Company (The)                                     | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     10444 | NS      | $2376323.32   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation                          | Stryker Corporation                                      | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      2700 | NS      | $1046142.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                                  | Ecolab, Inc.                                             | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      3570 | NS      | $1100809.50   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                  | Cencora, Inc.                                            | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      5404 | NS      | $2011044.56   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| The Sherwin-Williams Company                 | Sherwin-Williams Company (The)                           | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      3260 | NS      | $1182043.40   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc.                    | Lennox International, Inc.                               | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Short            | EC               | CORP              | US        |     -2160 | NS      | $-1231070.40  | -1.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                          | Abbott Laboratories                                      | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     11328 | NS      | $1318012.80   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International, Inc.                 | Marriott International Inc Class A                       | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |      6236 | NS      | $2131028.28   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corporation                     | Hyatt Hotels Corporation Class A                         | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Short            | EC               | CORP              | US        |    -11000 | NS      | $-1776500.00  | -1.63%            |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                              | Microsoft Corporation                                    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      8057 | NS      | $3164306.18   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corporation                          | Danaher Corporation                                      | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      5732 | NS      | $1207388.48   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                    | Goldman Sachs Group, Inc. (The)                          | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      2845 | NS      | $2445476.65   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Company                         | Baker Hughes Company Class A                             | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28702 | NS      | $1873092.52   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                             | Amazon.com, Inc.                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     16526 | NS      | $3470460.00   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                              | Home Depot, Inc. (The)                                   | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Short            | EC               | CORP              | US        |     -2500 | NS      | $-951800.00   | -0.87%            |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corporation PLC                        | Eaton Corporation plc Short                              | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Short            | EC               | CORP              | US        |     -3200 | NS      | $-1202944.00  | -1.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                 | Synopsys, Inc.                                           | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      2100 | NS      | $869400.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corporation                | Boston Scientific Corporation                            | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     25047 | NS      | $1924861.95   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc.                         | Delta Air Lines, Inc.                                    | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     15000 | NS      | $985500.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.                     | O'Reilly Automotive, Inc.                                | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     17460 | NS      | $1639144.80   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                  | Walmart, Inc.                                            | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     18187 | NS      | $2327026.65   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                | ACCENTURE PLC CLASS A                                    | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Short            | EC               | CORP              | US        |     -6963 | NS      | $-1453317.36  | -1.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                  | PAYCHEX, INC. SHORT                                      | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Short            | EC               | CORP              | US        |    -11000 | NS      | $-1030150.00  | -0.95%            |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                              | salesforce.com, inc. Short                               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Short            | EC               | CORP              | US        |     -6000 | NS      | $-1168740.00  | -1.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc.             | Marsh & McLennan Companies, Inc.                         | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      6037 | NS      | $1127349.38   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corporation                     | Devon Energy Corporation                                 | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     30000 | NS      | $1305900.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                  | AbbVie, Inc.                                             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     10753 | NS      | $2495556.24   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation               | Charles Schwab Corporation (The)                         | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     18125 | NS      | $1725500.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                               | ServiceNow, Inc.                                         | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3010 | NS      | $325110.10    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| The Procter & Gamble Co.                     | Procter & Gamble Company (The)                           | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      7560 | NS      | $1264032.00   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                        | NXP Semiconductors N.V.                                  | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |      6214 | NS      | $1410640.14   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                          | Arista Networks, Inc.                                    | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Short            | EC               | CORP              | US        |     -4300 | NS      | $-574050.00   | -0.53%            |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                 | Broadcom, Inc.                                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      6930 | NS      | $2214481.50   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-28

**Name of Applicant:** Waycross Managed Risk Equity Fund

**Signature:** Daniel D. Bauer

**Name of Signer:** Daniel D. Bauer

**Title:** VP, Fund Accounting