# EDGAR Filing Document

**Accession Number:** 0001540305
**File Stem:** 0001145549-23-013794
**Filing Date:** 2023-2
**Character Count:** 19706
**Document Hash:** 15de3522e72082ccbb34cc984d291797
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-013794.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001145549-23-013794

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Series Solutions
- **CENTRAL INDEX KEY:** 0001540305
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1112

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22668
- **FILM NUMBER:** 23686762

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN ST
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN ST
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### U.S. Global Jets ETF (Series ID: S000048544)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000153068 | U.S. Global Jets ETF | JETS            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ETF Series Solutions

- **b. Investment Company Act file number:** 811-22668

- **c. CIK number of Registrant:** 0001540305

- **d. LEI of Registrant:** 5493008BB0X0GYS3UI50

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

  - **Street Address 1:** 615 E Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1645

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

- **a. Name of Series:** U.S. Global Jets ETF

- **b. EDGAR series identifier (if any):** S000048544

- **c. LEI of Series:** 549300UL07KE1VGTTL75

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $2185831054.16

**Total Liabilities:** $209821280.52

**Net Assets:** $1976009773.64

**Cash Not Reported:** $6927398.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000153068 | 17.74%               | 5.95%                | -8.88%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-19481817.34            | $336192668.92                              |
| Month 2  | $716788.63               | $127520349.54                              |
| Month 3  | $-16905272.59            | $-179557374.38                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| easyJet PLC                               | easyJet PLC                                  | CUSIP: N/A<br>LEI: 2138001S47XKWIB7TH90       | Long             | EC               | CORP              | GB        |   2238684 | NS      | $8785202.70   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Airlines Co Ltd                     | Japan Airlines Co Ltd                        | CUSIP: N/A<br>LEI: 3538002MH5L1QZZ93477       | Long             | EC               | CORP              | JP        |   1100598 | NS      | $22600667.56  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasus Hava Tasimaciligi AS              | Pegasus Hava Tasimaciligi AS                 | CUSIP: N/A<br>LEI: 789000B1MW5PQ58A8T03       | Long             | EC               | CORP              | TR        |    945421 | NS      | $24264571.38  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Airports of Thailand PCL                  | Airports of Thailand PCL                     | CUSIP: N/A<br>LEI: 5299006VS4CU6LW0TY22       | Long             | EC               | CORP              | TH        |   5115290 | NS      | $11076851.45  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Bombardier Inc                            | Bombardier Inc                               | CUSIP: 097751861<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | EC               | CORP              | CA        |   1153370 | NS      | $44524852.22  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Wizz Air Holdings Plc                     | Wizz Air Holdings Plc                        | CUSIP: N/A<br>LEI: 213800COXGZCORLJZA85       | Long             | EC               | CORP              | CH        |    394610 | NS      | $9085723.98   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Canada                                | Air Canada                                   | CUSIP: 008911877<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | EC               | CORP              | CA        |   4518528 | NS      | $64707723.72  | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Aena SME SA                               | Aena SME SA                                  | CUSIP: E526K0106<br>LEI: 959800R7QMXKF0NFMT29 | Long             | EC               | CORP              | ES        |     81162 | NS      | $10190970.36  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Copa Holdings SA                          | Copa Holdings SA                             | CUSIP: N/A<br>LEI: 529900BB9UQJV6QQHA59       | Long             | EC               | CORP              | PA        |    124981 | NS      | $10394669.77  | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| MakeMyTrip Ltd                            | MakeMyTrip Ltd                               | CUSIP: N/A<br>LEI: 529900DNT8HNJ7RYUO60       | Long             | EC               | CORP              | IN        |    389523 | NS      | $10739149.11  | 0.54%             |  |  |  | No            |                  1 | On Loan: —       |
| Alaska Air Group Inc                      | Alaska Air Group Inc                         | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |   1402588 | NS      | $60227128.72  | 3.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Allegiant Travel Co                       | Allegiant Travel Co                          | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |    849473 | NS      | $57755669.27  | 2.92%             |  |  |  | No            |                  1 | On Loan: —       |
| American Airlines Group Inc               | American Airlines Group Inc                  | CUSIP: 02376R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  16712035 | NS      | $212577085.20 | 10.76%            |  |  |  | No            |                  1 | On Loan: —       |
| Azul SA                                   | Azul SA                                      | CUSIP: 05501U106<br>LEI: 549300Z0MWZ57Q9RR205 | Long             | EP               | CORP              | BR        |   1680203 | NS      | $10266040.33  | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Boeing Co/The                             | Boeing Co/The                                | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |    240869 | NS      | $45883135.81  | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                      | Booking Holdings Inc                         | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     20990 | NS      | $42300727.20  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc                       | Delta Air Lines Inc                          | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |   6669243 | NS      | $219151324.98 | 11.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Embraer SA                                | Embraer SA                                   | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |   1011767 | NS      | $11058613.31  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                         | Expedia Group Inc                            | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    445199 | NS      | $38999432.40  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli            | First American Government Obligations Fund   | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |  11470310 | NS      | $11470310.10  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Group Holdings Inc               | Frontier Group Holdings Inc                  | CUSIP: 35909R108<br>LEI: 549300DT3Y2BHO6G7T02 | Long             | EC               | CORP              | US        |   5007798 | NS      | $51430085.46  | 2.60%             |  |  |  | No            |                  1 | On Loan: —       |
| General Dynamics Corp                     | General Dynamics Corp                        | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |    173181 | NS      | $42967937.91  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Surest            | Grupo Aeroportuario del Sureste SAB de CV    | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |     42699 | NS      | $9948440.01   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                 | Airbus SE                                    | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | FR        |    186131 | NS      | $22119979.47  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Holdings Inc                     | Hawaiian Holdings Inc                        | CUSIP: 419879101<br>LEI: 529900TQUS2JVPSSPP86 | Long             | EC               | CORP              | US        |   4775234 | NS      | $48993900.84  | 2.48%             |  |  |  | No            |                  1 | On Loan: —       |
| JetBlue Airways Corp                      | JetBlue Airways Corp                         | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |   8075534 | NS      | $52329460.32  | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Air France-KLM                            | Air France-KLM                               | CUSIP: N/A<br>LEI: 969500AQW31GYO8JZD66       | Long             | EC               | CORP              | FR        |   8236979 | NS      | $10854024.50  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Lufthansa AG                     | Deutsche Lufthansa AG                        | CUSIP: N/A<br>LEI: 529900PH63HYJ86ASW55       | Long             | EC               | CORP              | DE        |   2670211 | NS      | $22194830.19  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ANA Holdings Inc                          | ANA Holdings Inc                             | CUSIP: N/A<br>LEI: 5493008IRKIY0G3TE305       | Long             | EC               | CORP              | JP        |   1037820 | NS      | $22141847.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay Pacific Airways Ltd                | Cathay Pacific Airways Ltd                   | CUSIP: N/A<br>LEI: EQNZNT235RBOJ6LJQZ02       | Long             | EC               | CORP              | HK        |  10230577 | NS      | $11167135.28  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| SATS Ltd                                  | SATS Ltd                                     | CUSIP: N/A<br>LEI: 529900SEP1R0K8049D51       | Long             | EC               | CORP              | SG        |   4833433 | NS      | $10248581.25  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Airport Terminal Co Ltd             | Japan Airport Terminal Co Ltd                | CUSIP: N/A<br>LEI: 353800W9WEQSGUY2EO26       | Long             | EC               | CORP              | JP        |    237384 | NS      | $11811319.11  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Qantas Airways Ltd                        | Qantas Airways Ltd                           | CUSIP: N/A<br>LEI: YLXNW6TI6QSK1H8H0N82       | Long             | EC               | CORP              | AU        |   5254068 | NS      | $21499199.10  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Airlines Ltd                    | Singapore Airlines Ltd                       | CUSIP: N/A<br>LEI: 549300ZG62N2599PWR15       | Long             | EC               | CORP              | SG        |   2608670 | NS      | $10770453.26  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryanair Holdings PLC                      | Ryanair Holdings PLC                         | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |    284739 | NS      | $21287087.64  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabre Corp                                | Sabre Corp                                   | CUSIP: 78573M104<br>LEI: 529900VKCYZW8GZ4WW58 | Long             | EC               | CORP              | US        |   7241402 | NS      | $44751864.36  | 2.26%             |  |  |  | No            |                  1 | On Loan: —       |
| SkyWest Inc                               | SkyWest Inc                                  | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |   3488646 | NS      | $57597545.46  | 2.91%             |  |  |  | No            |                  1 | On Loan: —       |
| Southwest Airlines Co                     | Southwest Airlines Co                        | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |   6032770 | NS      | $203123365.90 | 10.28%            |  |  |  | No            |                  1 | On Loan: —       |
| Textron Inc                               | Textron Inc                                  | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |    587583 | NS      | $41600876.40  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Trip.com Group Ltd                        | Trip.com Group Ltd                           | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | CN        |    650058 | NS      | $22361995.20  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TripAdvisor Inc                           | TripAdvisor Inc                              | CUSIP: 896945201<br>LEI: 549300XVG45PT5BART17 | Long             | EC               | CORP              | US        |   2268380 | NS      | $40785472.40  | 2.06%             |  |  |  | No            |                  1 | On Loan: —       |
| United Airlines Holdings Inc              | United Airlines Holdings Inc                 | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |   5228088 | NS      | $197098917.60 | 9.97%             |  |  |  | No            |                  1 | On Loan: —       |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        | 196965595 | NS      | $196965595.27 | 9.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Turk Hava Yollari AO                      | Turk Hava Yollari AO                         | CUSIP: N/A<br>LEI: 789000EV8M3BL7ZPFB03       | Long             | EC               | CORP              | TR        |   2967088 | NS      | $22353604.47  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Pacifi            | Grupo Aeroportuario del Pacifico SAB de CV   | CUSIP: P4959P100<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |    675691 | NS      | $9688146.43   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| TAV Havalimanlari Holding AS              | TAV Havalimanlari Holding AS                 | CUSIP: N/A<br>LEI: 789000PBM9TT5D88M597       | Long             | EC               | CORP              | TR        |   2344578 | NS      | $11721479.66  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group SA                       | Amadeus IT Group SA                          | CUSIP: N/A<br>LEI: 9598004A3FTY3TEHHN09       | Long             | EC               | CORP              | ES        |    196544 | NS      | $10214422.33  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| International Consolidated Air            | International Consolidated Airlines Group SA | CUSIP: N/A<br>LEI: 959800TZHQRUSH1ESL13       | Long             | EC               | CORP              | GB        |  13283798 | NS      | $19888117.71  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-23

**Name of Applicant:** ETF Series Solutions

**Signature:** /s/ Kristen Weitzel

**Name of Signer:** ETF Series Solutions

**Title:** Treasurer