# EDGAR Filing Document

**Accession Number:** 0001199046
**File Stem:** 0000910472-26-002398
**Filing Date:** 2026-2
**Character Count:** 9630
**Document Hash:** 09696b438455a435ca020ecc573b3460
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-002398.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0000910472-26-002398

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** UNIFIED SERIES TRUST
- **CENTRAL INDEX KEY:** 0001199046

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21237
- **FILM NUMBER:** 26674463

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-346-3324

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Appleseed Fund (Series ID: S000014625)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000040026 | Appleseed Fund Investor Class      | APPLX           |
| C000093602 | Appleseed Fund Institutional Class | APPIX           |

## Nport-Ex

Appleseed

Fund

Schedule

of

Investments

December

31,

2025

(Unaudited)

o

Common

Stocks

—

2.21%

Shares

Fair

Value

France

—

1.64%

Communications

—

1.64%

Bollore

SA

150,000

$

844,808

Total

France

844,808

Greece

—

0.57%

Industrials

—

0.57%

Diana

Shipping,

Inc.

(a) 175,000

290,500

Total

Greece

290,500

Russia

—

0.00%

Financials

—

0.00%

Moscow

Exchange

MICEX-RTS

PJSC

-

ADR

(a)(b)(c)

1,300,000

Sberbank

of

Russia

PJSC

-

ADR

(a)(b)(c)

324,000

Total

Russia

TOTAL COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $4,116,774)

1,135,476

Closed

End

Funds

—

9.89%

Canada

—

9.89%

Sprott

Physical

Gold

Trust

(a) 130,000

4,292,600

Sprott

Physical

Uranium

Trust

(a) 40,000

778,726

TOTAL CLOSED

END

FUNDS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,566,159)

5,071,326

Exchange-Traded

Funds

—

5.98%

United

States

—

5.98%

iShares

Bitcoin

Trust

ETF

20,000

993,000

VanEck

Merk

Gold

Shares

50,000

2,074,000

TOTAL EXCHANGE-TRADED

FUNDS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,407,296)

3,067,000

Certificates

of

Deposit

—

0.98%

Principal

Amount

Deerwood

Bank,

3.05%,

3/8/2026

$

250,000

250,000

Spring

Bank,

3.00%,

3/31/2026

250,000

250,000

TOTAL

CERTIFICATES

OF

DEPOSIT

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $500,000)

500,000

Appleseed

Fund

Schedule

of

Investments

(continued)

December

31,

2025

(Unaudited)

Money

Market

Funds

-

80.68%

Shares

Fair

Value

Federated

Hermes

Government

Obligations

Fund,

Institutional

Class,

3.63%

(d) 41,367,383

$

41,367,383

TOTAL

MONEY

MARKET

FUNDS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$41,367,383)

41,367,383

Total

Investments

—

99.74%

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$48,957,612)

$

51,141,185

Other

Assets

in

Excess

of

Liabilities

—

0.26%

133,929

Net

Assets

—

100.00%

$

51,275,114

(a) Non-income

producing

security.

(b) Security

is

currently

being

valued

according

to

the

fair

value

procedures.

(c) Illiquid

security.

The

total

fair

value

of

these

securities

as

of

December

31,

2025

was

$168,

representing

0.00%

of

net

assets.

(d) Rate

disclosed

is

the

seven

day

effective

yield

as

of

December

31,

2025. ADR

-

American

Depositary

Receipt

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-21237

- **c. CIK number of Registrant:** 0001199046

- **d. LEI of Registrant:** 549300NFHRL589EP7U13

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** APPLESEED FUND

- **b. EDGAR series identifier (if any):** S000014625

- **c. LEI of Series:** 5493008V5H9VKDRDMH13

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $51385327.05

**Total Liabilities:** $79234.68

**Net Assets:** $51306092.37

**Cash Not Reported:** $60734.21

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000040026 | -2.12%               | -0.84%               | 2.26%                |
| Class ID C000093602 | -2.06%               | -0.85%               | 2.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1716186.60              | $-1795279.55                               |
| Month 2  | $119879.56               | $424587.00                                 |
| Month 3  | $9494689.51              | $-7461000.51                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Bollore SE                     | Bollore S.E.                                 | CUSIP: F10659260<br>LEI: 969500LEKCHH6VV86P94 | Long             | EC               | CORP              | FR        |    150000 | NS      | $844807.33    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Bitcoin Trust ETF      | iShares Bitcoin Trust ETF                    | CUSIP: 46438F101<br>LEI: 529900HVFN08L8P4H851 | Long             | EC               | RF                | US        |     20000 | NS      | $993000.00    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Sberbank of Russia             | Sberbank of Russia PJSC                      | CUSIP: X76317100<br>LEI: 549300WE6TAF5EEWQS81 | Long             | EC               | CORP              | RU        |    324000 | NS      | $4.10         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Money Market Obligations Trust | Federated Hermes Government Obligations Fund | CUSIP: 60934N104<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |  41367383 | PA      | $41367383.14  | 80.63%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Spring Bank                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    250000 | PA      | $250000.00    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Community Development Bank                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    250000 | PA      | $250000.00    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Sprott Asset Management LP     | Sprott Physical Gold Trust USD Class         | CUSIP: 85207H104<br>LEI: 5493007M22KSTRPCA127 | Long             | EC               | RF                | CA        |    130000 | NS      | $4292600.00   | 8.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprott Asset Management LP     | Sprott Physical Uranium Trust                | CUSIP: 85210A104<br>LEI: 5493007M22KSTRPCA127 | Long             | EC               | RF                | CA        |     40000 | NS      | $778726.16    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Merk Gold ETF           | VanEck Merk Gold ETF                         | CUSIP: 921078101<br>LEI: N/A                  | Long             | EC               | RF                | US        |     50000 | NS      | $2074000.00   | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Moscow Exchange MICEX-RTS PJSC | Moscow Exchange MICEX-RTS PJSC               | CUSIP: X6983N101<br>LEI: 253400M5M1222KPNWE87 | Long             | EC               | CORP              | RU        |   1300000 | NS      | $164.33       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Diana Shipping Inc.            | Diana Shipping, Inc.                         | CUSIP: Y2066G104<br>LEI: 549300XD7FHNJ0THIV12 | Long             | EC               | CORP              | GR        |    175000 | NS      | $290500.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

**Name of Applicant:** Unified Series Trust

**Signature:** Zachary Richmond

**Name of Signer:** Zachary Richmond

**Title:** Treasurer