# EDGAR Filing Document

**Accession Number:** 0001592900
**File Stem:** 0001592900-26-000178
**Filing Date:** 2026-1
**Character Count:** 54985
**Document Hash:** 345096535ca28591b40994a01ba1c4c4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001592900-26-000178.hdr.sgml**: 20260116

**ACCESSION NUMBER**: 0001592900-26-000178

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251128

**FILED AS OF DATE**: 20260116

**DATE AS OF CHANGE**: 20260116

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EA Series Trust
- **CENTRAL INDEX KEY:** 0001592900

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22961
- **FILM NUMBER:** 26539024

**BUSINESS ADDRESS:**
- **STREET 1:** 3803 WEST CHESTER PIKE, SUITE 150
- **CITY:** NEWTOWN SQUARE
- **STATE:** PA
- **ZIP:** 19073
- **BUSINESS PHONE:** 1.215.882.9983

**MAIL ADDRESS:**
- **STREET 1:** 3803 WEST CHESTER PIKE, SUITE 150
- **CITY:** NEWTOWN SQUARE
- **STATE:** PA
- **ZIP:** 19073

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Alpha Architect ETF Trust
- **DATE OF NAME CHANGE:** 20140428

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Empowered Funds ETF Trust
- **DATE OF NAME CHANGE:** 20131125

## Series and Classes Contracts Data

### Militia Long/Short Equity ETF (Series ID: S000089579)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000256190 | Militia Long/Short Equity ETF | ORR             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-22961

- **c. CIK number of Registrant:** 0001592900

- **d. LEI of Registrant:** 5493004OW9VWINAYRX18

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

  - **Street Address 1:** 3803 West Chester Pike

  - **City:** Newtown Square

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19073

  - **Telephone number:** 2158829983

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

- **a. Name of Series:** Militia Long/Short Equity ETF

- **b. EDGAR series identifier (if any):** S000089579

- **c. LEI of Series:** 529900F62REU8ZYU5R82

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-11-28

**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:** $321870247.30

**Total Liabilities:** $170451339.00

**Net Assets:** $151418908.30

**Cash Not Reported:** $30.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256190 | 1.92%                | 0.07%                | 5.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3490453.63             | $6196224.00                                |
| Month 2  | $-701458.44              | $-1414703.13                               |
| Month 3  | $-108664.03              | $8272487.06                                |

**Designated Index Information**

- **Index Name:** MSCI World Index

- **Index Identifier:** 990100

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| JCU Corp                                       | JCU Corp                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        22490 | NS      | $650778.14    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Japan Railway Co                       | Central Japan Railway Co                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        87260 | NS      | $2384211.00   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Musashi Co Ltd                                 | Musashi Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        19745 | NS      | $288707.66    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Eco's Co Ltd/Japan                             | Eco's Co Ltd/Japan                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        34720 | NS      | $664371.05    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SAXA Inc                                       | SAXA Inc                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        27046 | NS      | $879572.87    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NSW Inc/Japan                                  | NSW Inc/Japan                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        28988 | NS      | $477859.86    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Noritsu Koki Co Ltd                            | Noritsu Koki Co Ltd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        91000 | NS      | $1046874.30   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Hikari Tsushin Inc                             | Hikari Tsushin Inc                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        41236 | NS      | $11467570.44  | 7.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Inter Action Corp                              | Inter Action Corp                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        38450 | NS      | $332057.55    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Niitaka Co Ltd                                 | Niitaka Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        27356 | NS      | $442025.18    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Gruma SAB de CV                                | Gruma SAB de CV                                | CUSIP: P4948K121<br>LEI: 5493000XJLJ6C4T0PG82 | Long             | EC               | CORP              | MX        |       248122 | NS      | $4326712.96   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitachi Co Ltd                                 | Mitachi Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        32900 | NS      | $374904.77    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Halows Co Ltd                                  | Halows Co Ltd                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        31260 | NS      | $930565.60    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeuchi Manufacturing Co Ltd                  | Takeuchi Manufacturing Co Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        42492 | NS      | $1936833.26   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Heian Ceremony Service Co Ltd                  | Heian Ceremony Service Co Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        18250 | NS      | $108071.12    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Co Ltd                                   | Asahi Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        48674 | NS      | $411004.81    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Buffalo Inc /Japan                             | Buffalo Inc /Japan                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        23475 | NS      | $757427.74    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV                   | Wal-Mart de Mexico SAB de CV                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |       645367 | NS      | $2162037.64   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Intelligence Service Co Ltd              | Asahi Intelligence Service Co Ltd              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        28686 | NS      | $203109.48    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Maeda Kosen Co Ltd                             | Maeda Kosen Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        40180 | NS      | $525512.88    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui & Co Ltd                                | Mitsui & Co Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        48979 | NS      | $1300316.33   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Rorze Corp                                     | Rorze Corp                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        40180 | NS      | $539145.87    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| C Uyemura & Co Ltd                             | C Uyemura & Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        23719 | NS      | $2267050.80   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| MCJ Co Ltd                                     | MCJ Co Ltd                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        78539 | NS      | $777320.15    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Nihon Falcom Corp                              | Nihon Falcom Corp                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        29884 | NS      | $287160.36    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| KEIWA Inc                                      | KEIWA Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        85310 | NS      | $681038.19    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Kaken Co Ltd                                | SK Kaken Co Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        18592 | NS      | $1159284.79   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| NCD Co Ltd/Shinagawa                           | NCD Co Ltd/Shinagawa                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        28922 | NS      | $508803.53    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SBI Holdings Inc                               | SBI Holdings Inc                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        94178 | NS      | $1982377.41   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Itfor Inc                                      | Itfor Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        44859 | NS      | $479591.11    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sojitz Corp                                    | Sojitz Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        51570 | NS      | $1506773.02   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Exchange Group Inc                       | Japan Exchange Group Inc                       | CUSIP: N/A<br>LEI: 353800578ADEGIJTVW07       | Long             | EC               | CORP              | JP        |       135967 | NS      | $1559392.34   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Human Holdings Co Ltd                          | Human Holdings Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        23720 | NS      | $290796.07    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| and ST HD Co Ltd                               | and ST HD Co Ltd                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        34902 | NS      | $657798.97    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotobuki Spirits Co Ltd                        | Kotobuki Spirits Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        40654 | NS      | $479269.81    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Nojima Corp                                    | Nojima Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       166107 | NS      | $1244167.54   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoei Co Ltd                                   | Shoei Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        43241 | NS      | $514889.15    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Direxion Daily Small Cap Bull 3X Shares        | Direxion Daily Small Cap Bull 3X Shares        | CUSIP: 25459W847<br>LEI: N/A                  | Short            | EC               | RF                | US        |      -178778 | NS      | $-8416868.24  | -5.56%            |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                     | Diageo PLC                                     | CUSIP: 25243Q205<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |        12412 | NS      | $1137063.32   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp                                | Brookfield Corp                                | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Short            | EC               | CORP              | CA        |       -30573 | NS      | $-1436931.00  | -0.95%            |  |  |  | No            |                  1 | On Loan: No      |
| Ternium SA                                     | Ternium SA                                     | CUSIP: 880890108<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |        77858 | NS      | $2867510.14   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro Norte SAB de CV | Grupo Aeroportuario del Centro Norte SAB de CV | CUSIP: 400501102<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |        78845 | NS      | $8480568.20   | 5.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Pacifico SAB de CV     | Grupo Aeroportuario del Pacifico SAB de CV     | CUSIP: 400506101<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |        24622 | NS      | $5847478.78   | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Corp America Airports SA                       | Corp America Airports SA                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | LU        |       199547 | NS      | $5058516.45   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                             | Energy Transfer LP                             | CUSIP: 29273V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       614988 | NS      | $10276449.48  | 6.79%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                                        | MPLX LP                                        | CUSIP: 55336V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        95357 | NS      | $5180745.81   | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Midstream Partners LP                  | Western Midstream Partners LP                  | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       193641 | NS      | $7615900.53   | 5.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd      | Taiwan Semiconductor Manufacturing Co Ltd      | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |        41780 | NS      | $12179287.80  | 8.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X SuperDividend ETF                     | Global X SuperDividend ETF                     | CUSIP: 37960A669<br>LEI: N/A                  | Short            | EC               | RF                | US        |      -562978 | NS      | $-13640956.94 | -9.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Global X Nasdaq 100 Covered Call ETF           | Global X Nasdaq 100 Covered Call ETF           | CUSIP: 37954Y483<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -2384738 | NS      | $-41661372.86 | -27.51%           |  |  |  | No            |                  1 | On Loan: No      |
| Global X Russell 2000 Covered Call ETF         | Global X Russell 2000 Covered Call ETF         | CUSIP: 37954Y459<br>LEI: N/A                  | Short            | EC               | RF                | US        |      -171397 | NS      | $-2629229.98  | -1.74%            |  |  |  | No            |                  1 | On Loan: No      |
| AdvisorShares Pure US Cannabis ETF             | AdvisorShares Pure US Cannabis ETF             | CUSIP: 00768Y453<br>LEI: N/A                  | Short            | EC               | RF                | US        |      -426378 | NS      | $-1483795.44  | -0.98%            |  |  |  | No            |                  1 | On Loan: No      |
| YieldMax Universe Fund of Option Income ETF    | YieldMax Universe Fund of Option Income ETF    | CUSIP: 88636J659<br>LEI: N/A                  | Short            | EC               | RF                | US        |      -309638 | NS      | $-3310030.22  | -2.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                       | Digital Realty Trust Inc                       | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Short            | RE               | RF                | US        |        -8472 | NS      | $-1356536.64  | -0.90%            |  |  |  | No            |                  1 | On Loan: No      |
| JPY/USD FWD 20251230                           | JPY/USD FWD 20251230                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | US        | -10668910567 | NC      | $-47936.09    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| First American Government Obligations Fund     | First American Government Obligations Fund     | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |      2183139 | PA      | $2183139.42   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Aena SME SA                                    | Aena SME SA                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ES        |        71658 | NS      | $1950658.13   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FJ Next Holdings Co Ltd                        | FJ Next Holdings Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        40446 | NS      | $380107.73    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PRADA SpA                                      | PRADA SpA                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IT        |       117940 | NS      | $698037.44    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMITEC Corp                                   | SEMITEC Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        27610 | NS      | $379492.78    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Open House Group Co Ltd                        | Open House Group Co Ltd                        | CUSIP: N/A<br>LEI: 529900WQOGPBIJEHW865       | Long             | EC               | CORP              | JP        |        63318 | NS      | $3718698.71   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Engeisha KK                          | Universal Engeisha KK                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        16909 | NS      | $657070.07    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| VIS Co Ltd                                     | VIS Co Ltd                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        26334 | NS      | $231468.79    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nagaoka International Corp                     | Nagaoka International Corp                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        22974 | NS      | $197670.09    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| RS Technologies Co Ltd                         | RS Technologies Co Ltd                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        31670 | NS      | $735969.40    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Entrust Inc                                    | Entrust Inc                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        32312 | NS      | $225887.16    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Ski Resort Development Co Ltd           | Nippon Ski Resort Development Co Ltd           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        38635 | NS      | $129851.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIGExN Co Ltd                                  | ZIGExN Co Ltd                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       176322 | NS      | $559877.80    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Next Holdings Co Ltd                         | U-Next Holdings Co Ltd                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       148060 | NS      | $1983864.67   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HIRAYAMA Holdings Co Ltd                       | HIRAYAMA Holdings Co Ltd                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        27456 | NS      | $219711.28    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Koa Shoji Holdings Co Ltd                      | Koa Shoji Holdings Co Ltd                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        84980 | NS      | $434134.89    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Being Holdings Co Ltd                          | Being Holdings Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        58572 | NS      | $320223.35    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Eyewear Holdings Co Ltd                  | Japan Eyewear Holdings Co Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        40901 | NS      | $507973.11    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| GLTECHNO HOLDINGS INC                          | GLTECHNO HOLDINGS INC                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        25834 | NS      | $496155.69    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Ueki Corp                                      | Ueki Corp                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        15430 | NS      | $266114.53    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corp                                    | ITOCHU Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        32629 | NS      | $1955170.71   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Corp                                  | Sumitomo Corp                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        83576 | NS      | $2620628.33   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Corp                                | Mitsubishi Corp                                | CUSIP: N/A<br>LEI: KVIPTY4PULAPGC1VVD26       | Long             | EC               | CORP              | JP        |        88400 | NS      | $2095046.89   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitani Corp                                    | Mitani Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        27214 | NS      | $415514.16    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwa Co Ltd                                   | Hanwa Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        37571 | NS      | $1669234.28   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JK Holdings Co Ltd                             | JK Holdings Co Ltd                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        29956 | NS      | $239717.04    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE            | LVMH Moet Hennessy Louis Vuitton SE            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |         2894 | NS      | $2134039.99   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Tatemono Co Ltd                          | Tokyo Tatemono Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        39660 | NS      | $875945.07    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyotokeiba Co Ltd                            | Tokyotokeiba Co Ltd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        21352 | NS      | $753173.84    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Runway Growth Finance Corp                     | Runway Growth Finance Corp                     | CUSIP: 78163D100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -443554 | NS      | $-4076261.26  | -2.69%            |  |  |  | No            |                  1 | On Loan: No      |
| TYK Corp/Tokyo                                 | TYK Corp/Tokyo                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        80634 | NS      | $287526.89    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Azbil Corp                                     | Azbil Corp                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        98742 | NS      | $931128.75    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Starzen Co Ltd                                 | Starzen Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        56600 | NS      | $453655.13    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Tsubakimoto Kogyo Co Ltd                       | Tsubakimoto Kogyo Co Ltd                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        40140 | NS      | $695103.87    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Yuasa Trading Co Ltd                           | Yuasa Trading Co Ltd                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        15100 | NS      | $523939.69    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Jungfraubahn Holding AG                        | Jungfraubahn Holding AG                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |         6849 | NS      | $2217332.84   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Forestry Co Ltd                       | Sumitomo Forestry Co Ltd                       | CUSIP: N/A<br>LEI: 549300FIIRGO6D5FWR19       | Long             | EC               | CORP              | JP        |        84580 | NS      | $898836.78    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Daitron Co Ltd                                 | Daitron Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        31661 | NS      | $965812.01    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                                 | Starbucks Corp                                 | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Short            | EC               | CORP              | US        |       -24365 | NS      | $-2122435.15  | -1.40%            |  |  |  | No            |                  1 | On Loan: No      |
| PILLAR Corp /Japan                             | PILLAR Corp /Japan                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        33955 | NS      | $1032529.37   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Prospect Capital Corp                          | Prospect Capital Corp                          | CUSIP: 74348T102<br>LEI: N/A                  | Short            | EC               | RF                | US        |      -793769 | NS      | $-2095550.16  | -1.38%            |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Lane Capital Corp                       | Oxford Lane Capital Corp                       | CUSIP: 691543847<br>LEI: N/A                  | Short            | EC               | RF                | US        |      -402142 | NS      | $-6028108.58  | -3.98%            |  |  |  | No            |                  1 | On Loan: No      |
| TriplePoint Venture Growth BDC Corp            | TriplePoint Venture Growth BDC Corp            | CUSIP: 89677Y100<br>LEI: N/A                  | Short            | EC               | RF                | US        |      -660444 | NS      | $-4292886.00  | -2.84%            |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                                     | CarMax Inc                                     | CUSIP: 143130102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |       -22514 | NS      | $-870391.24   | -0.57%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                 | Morgan Stanley                                 | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |        18718 | NS      | $3175695.88   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                 | Amazon.com Inc                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |        32327 | NS      | $7539302.94   | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                               | Wells Fargo & Co                               | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Short            | EC               | CORP              | US        |       -17189 | NS      | $-1475675.65  | -0.97%            |  |  |  | No            |                  1 | On Loan: No      |
| Parke Bancorp Inc                              | Parke Bancorp Inc                              | CUSIP: 700885106<br>LEI: 5493000JF1TWXVD0CR78 | Long             | EC               | CORP              | US        |        45346 | NS      | $1037969.94   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Traders Holdings Co Ltd                        | Traders Holdings Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        86070 | NS      | $514089.24    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corp             | Federal Agricultural Mortgage Corp             | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |        18335 | NS      | $3149219.60   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial Inc                             | Axos Financial Inc                             | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |        78194 | NS      | $6425982.92   | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc                     | Charter Communications Inc                     | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Short            | EC               | CORP              | US        |        -3913 | NS      | $-783069.56   | -0.52%            |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock TCP Capital Corp                     | BlackRock TCP Capital Corp                     | CUSIP: 09259E108<br>LEI: N/A                  | Short            | EC               | RF                | US        |      -593511 | NS      | $-3561066.00  | -2.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc                           | Medpace Holdings Inc                           | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |         5784 | NS      | $3426788.64   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc                        | Century Communities Inc                        | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |        32184 | NS      | $2101293.36   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                   | Alphabet Inc                                   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |        28273 | NS      | $9050752.76   | 5.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                                     | Carvana Co                                     | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Short            | EC               | CORP              | US        |        -4500 | NS      | $-1685250.00  | -1.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Life Corp                                      | Life Corp                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        79169 | NS      | $1284301.05   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Nichias Corp                                   | Nichias Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        31072 | NS      | $1236474.84   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanyo Industries Ltd                           | Sanyo Industries Ltd                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        18387 | NS      | $502624.69    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ISB Corp                                       | ISB Corp                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        34250 | NS      | $372089.56    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Jeol Ltd                                       | Jeol Ltd                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        32894 | NS      | $1015638.18   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Galilei Co Ltd                                 | Galilei Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        32594 | NS      | $790827.82    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Kawai Musical Instruments Manufacturing Co Ltd | Kawai Musical Instruments Manufacturing Co Ltd | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        15047 | NS      | $239183.77    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiichi Jitsugyo Co Ltd                        | Daiichi Jitsugyo Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        33739 | NS      | $642575.62    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Lasertec Corp                                  | Lasertec Corp                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |         8964 | NS      | $1611402.45   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Realty & Development Co Ltd           | Sumitomo Realty & Development Co Ltd           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        37485 | NS      | $1809877.21   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| YAMABIKO Corp                                  | YAMABIKO Corp                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        42188 | NS      | $731919.46    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Mammy Mart Holdings Corp                       | Mammy Mart Holdings Corp                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        32200 | NS      | $309415.19    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Subaru Enterprise Co Ltd                       | Subaru Enterprise Co Ltd                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        18050 | NS      | $391147.85    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichiken Co Ltd                                 | Ichiken Co Ltd                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |         7000 | NS      | $205019.05    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Okamoto Machine Tool Works Ltd                 | Okamoto Machine Tool Works Ltd                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        23336 | NS      | $635669.02    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaga Electronics Co Ltd                        | Kaga Electronics Co Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        32275 | NS      | $775856.25    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyoritsu Electric Corp                         | Kyoritsu Electric Corp                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        33276 | NS      | $522983.13    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Flughafen Zurich AG                            | Flughafen Zurich AG                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |         3404 | NS      | $1015562.69   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Totech Corp                                    | Totech Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        37202 | NS      | $866907.46    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinagawa Refra Co Ltd                         | Shinagawa Refra Co Ltd                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        38709 | NS      | $493139.85    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Holdings Inc                            | Nomura Holdings Inc                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       191987 | NS      | $1447230.83   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Hankyu Hanshin Holdings Inc                    | Hankyu Hanshin Holdings Inc                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        31843 | NS      | $799311.18    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippn Corp                                     | Nippn Corp                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        42054 | NS      | $645597.08    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Morinaga & Co Ltd/Japan                        | Morinaga & Co Ltd/Japan                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        82080 | NS      | $1402987.10   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Maruzen Co Ltd/Taito ward                      | Maruzen Co Ltd/Taito ward                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        26436 | NS      | $609260.91    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Bourbon Corp/Japan                             | Bourbon Corp/Japan                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        14600 | NS      | $228246.21    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TANABE ENGINEERING CORP                        | TANABE ENGINEERING CORP                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        27854 | NS      | $439551.29    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Kikkoman Corp                                  | Kikkoman Corp                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        55060 | NS      | $504054.29    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinnihon Corp                                 | Shinnihon Corp                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        55799 | NS      | $702644.81    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Tigers Polymer Corp                            | Tigers Polymer Corp                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        29675 | NS      | $171547.17    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Quick Co Ltd                                   | Quick Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       107541 | NS      | $583814.65    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ifuji Sangyo Co Ltd                            | Ifuji Sangyo Co Ltd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        30130 | NS      | $406992.73    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Shibuya Corp                                   | Shibuya Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        34507 | NS      | $755506.80    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Kitano Construction Corp                       | Kitano Construction Corp                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        62456 | NS      | $536176.79    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Starts Corp Inc                                | Starts Corp Inc                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        32279 | NS      | $1014627.51   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Hulic Co Ltd                                   | Hulic Co Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        44734 | NS      | $493289.68    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** EA Series Trust

**Signature:** /s/ Sean Hegarty

**Name of Signer:** Sean Hegarty

**Title:** Treasurer