# EDGAR Filing Document

**Accession Number:** 0001547576
**File Stem:** 0002048251-25-002505
**Filing Date:** 2025-11
**Character Count:** 17000
**Document Hash:** 36de501ead01e529a8a4d8c9ae969f47
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-25-002505.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0002048251-25-002505

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Krane Shares Trust
- **CENTRAL INDEX KEY:** 0001547576

**ORGANIZATION NAME:**
- **EIN:** 456861457
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22698
- **FILM NUMBER:** 251526893

**BUSINESS ADDRESS:**
- **STREET 1:** 280 PARK AVENUE
- **STREET 2:** 32ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-933-0393

**MAIL ADDRESS:**
- **STREET 1:** 280 PARK AVENUE
- **STREET 2:** 32ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

## Series and Classes Contracts Data

### KraneShares China Alpha Index ETF (Series ID: S000085113)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000249978 | KraneShares China Alpha Index ETF | KCAI            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Krane Shares Trust

- **b. Investment Company Act file number:** 811-22698

- **c. CIK number of Registrant:** 0001547576

- **d. LEI of Registrant:** 2549008E1DI99JHCCA80

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

  - **Street Address 1:** 280 Park Ave

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 2129330393

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

- **a. Name of Series:** KraneShares China Alpha Index ETF

- **b. EDGAR series identifier (if any):** S000085113

- **c. LEI of Series:** 25490078WWZYLKY6XO38

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $11252623.17

**Total Liabilities:** $7555.28

**Net Assets:** $11245067.89

**Cash Not Reported:** $7854.36

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000249978 | 2.43%                | 14.09%               | 6.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1125250.97              | $-878587.86                                |
| Month 2  | $377958.79               | $1205161.59                                |
| Month 3  | $92202.50                | $488601.12                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Foxconn Industrial Internet Co., Ltd.                            | FOXCONN INDUSTRIAL INTERNE-A COMMON STOCK | CUSIP: N/A<br>LEI: N/A                  | Long             | EC               |  | CN        |     42900 | NS      | $397315.85    | 3.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Ningbo Tuopu Group Co., Ltd.                                     | NINGBO TUOPU GROUP CO LTD-A COMMON STOCK  | CUSIP: N/A<br>LEI: N/A                  | Long             | EC               |  | CN        |      8000 | NS      | $90905.52     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Wus Printed Circuit Kunshan Co Ltd                               | WUS PRINTED CIRCUIT KUNSHA-A COMMON STOCK | CUSIP: N/A<br>LEI: N/A                  | Long             | EC               |  | CN        |     12300 | NS      | $126789.71    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhongji Innolight Co Ltd                                         | ZHONGJI INNOLIGHT CO LTD-A COMMON STOCK   | CUSIP: N/A<br>LEI: 655600K7YZDKAI214O83 | Long             | EC               |  | CN        |      5900 | NS      | $334162.81    | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF CHINA LIMITED                                            | BANK OF CHINA LTD-A COMMON STOCK          | CUSIP: N/A<br>LEI: 54930053HGCFWVHYZX42 | Long             | EC               |  | CN        |    420400 | NS      | $305535.26    | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ZHONGJIN GOLD CORP., LTD                                         | ZHONGJIN GOLD CORP-A COMMON STOCK         | CUSIP: N/A<br>LEI: 300300Q0ZK8HFP814Z87 | Long             | EC               |  | CN        |     77400 | NS      | $238148.83    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NANJING CO., LTD.                                        | BANK OF NANJING CO LTD -A COMMON STOCK    | CUSIP: N/A<br>LEI: 300300C1086932000062 | Long             | EC               |  | CN        |    213700 | NS      | $327712.91    | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Expressway Network Technology Holdings Co., Ltd. | CHINA MERCHANTS EXPRESSWAY-A COMMON STOCK | CUSIP: N/A<br>LEI: 300300HYECHLUO2UVU03 | Long             | EC               |  | CN        |    227900 | NS      | $311438.39    | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Juhua Co., Ltd.                                         | ZHEJIANG JUHUA CO-A COMMON STOCK          | CUSIP: N/A<br>LEI: N/A                  | Long             | EC               |  | CN        |     60900 | NS      | $341865.06    | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Shanghai Co., Ltd.                                       | BANK OF SHANGHAI CO LTD-A COMMON STOCK    | CUSIP: N/A<br>LEI: 300300C1091231000098 | Long             | EC               |  | CN        |    253100 | NS      | $318177.18    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Zijin Mining Group Company Limited                               | ZIJIN MINING GROUP CO LTD-A COMMON STOCK  | CUSIP: N/A<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               |  | CN        |     98300 | NS      | $406031.93    | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SATELLITE CHEMICAL CO., LTD.                                     | SATELLITE CHEMICAL CO LTD-A COMMON STOCK  | CUSIP: N/A<br>LEI: 300300EB6R0AX600R053 | Long             | EC               |  | CN        |    119400 | NS      | $323988.55    | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| China Galaxy Securities Co., Ltd.                                | CHINA GALAXY SECURITIES CO-A COMMON STOCK | CUSIP: N/A<br>LEI: 3003008KFQXO06OK8582 | Long             | EC               |  | CN        |      4300 | NS      | $10720.74     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NAURA Technology Group Co., Ltd.                                 | NAURA TECHNOLOGY GROUP CO-A COMMON STOCK  | CUSIP: N/A<br>LEI: 300300JI5I0B95GO5C39 | Long             | EC               |  | CN        |      4155 | NS      | $263708.48    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Aluminum Corporation of China Limited                            | ALUMINUM CORP OF CHINA LTD-A COMMON STOCK | CUSIP: N/A<br>LEI: 529900TKZUWQLIQN6T48 | Long             | EC               |  | CN        |    304700 | NS      | $352264.22    | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Haier Smart Home Co., Ltd.                                       | HAIER SMART HOME CO LTD-A COMMON STOCK    | CUSIP: N/A<br>LEI: 3003002BYTNGNJTWSH07 | Long             | EC               |  | CN        |     92400 | NS      | $328379.49    | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzhou TFC Optical Communication Co Ltd                          | SUZHOU TFC OPTICAL COMMUNI-A COMMON STOCK | CUSIP: N/A<br>LEI: N/A                  | Long             | EC               |  | CN        |     10600 | NS      | $249555.24    | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Chongqing Rural Commercial Bank Co., Ltd.                        | CHONGQING RURAL COMMERCIAL-A COMMON STOCK | CUSIP: N/A<br>LEI: 300300C1126750000027 | Long             | EC               |  | CN        |    356000 | NS      | $329157.90    | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA CITIC BANK CORPORATION LIMITED                             | CHINA CITIC BANK CORP LTD-A COMMON STOCK  | CUSIP: N/A<br>LEI: 300300C1030211000384 | Long             | EC               |  | CN        |    150000 | NS      | $151527.91    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GUOTAI HAITONG SECURITIES CO., LTD.                              | GUOTAI HAITONG SECURITIES CO COMMON STOCK | CUSIP: N/A<br>LEI: 300300E1005431000017 | Long             | EC               |  | CN        |    115800 | NS      | $306583.89    | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Avary Holding (Shenzhen) Co., Limited                            | AVARY HOLDING SHENZHEN CO -A COMMON STOCK | CUSIP: N/A<br>LEI: 30030067AGXAJK5FRS12 | Long             | EC               |  | CN        |      8400 | NS      | $66081.32     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Weichai Power Co., Ltd.                                          | WEICHAI POWER CO LTD-A COMMON STOCK       | CUSIP: N/A<br>LEI: 529900OKTPKBG85F9502 | Long             | EC               |  | CN        |     23000 | NS      | $45242.30     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| COSCO SHIPPING Holdings Co., Ltd.                                | COSCO SHIPPING HOLDINGS CO-A COMMON STOCK | CUSIP: N/A<br>LEI: 3003009XI0QGYYA29S17 | Long             | EC               |  | CN        |    157800 | NS      | $317486.32    | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| AGRICULTURAL BANK OF CHINA LIMITED                               | AGRICULTURAL BANK OF CHINA-A COMMON STOCK | CUSIP: N/A<br>LEI: 549300E7TSGLCOVSY746 | Long             | EC               |  | CN        |    329200 | NS      | $308073.63    | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Seres Group Co.,Ltd.                                             | SERES GROUP CO L-A COMMON STOCK           | CUSIP: N/A<br>LEI: 3003002LTJSDNVNIPU58 | Long             | EC               |  | CN        |     16100 | NS      | $387557.45    | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| NARI Technology Co., Ltd.                                        | NARI TECHNOLOGY CO LTD-A COMMON STOCK     | CUSIP: N/A<br>LEI: 3003006IGH1W58MAQM05 | Long             | EC               |  | CN        |     50100 | NS      | $161390.69    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Luxshare Precision Industry Co., Ltd.                            | LUXSHARE PRECISION INDUSTR-A COMMON STOCK | CUSIP: N/A<br>LEI: 300300QLLDUELXN16530 | Long             | EC               |  | CN        |     52600 | NS      | $477410.28    | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Daqin Railway Co., Ltd.                                          | DAQIN RAILWAY CO LTD -A COMMON STOCK      | CUSIP: N/A<br>LEI: 30030098LARO7YWJL882 | Long             | EC               |  | CN        |    388000 | NS      | $320638.66    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| FUYAO GLASS INDUSTRY GROUP CO., LTD.                             | FUYAO GLASS INDUSTRY GROUP-A COMMON STOCK | CUSIP: N/A<br>LEI: 549300AS5CSLWETN0P64 | Long             | EC               |  | CN        |     36501 | NS      | $375948.93    | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| HUA XIA BANK CO., Limited                                        | HUAXIA BANK CO LTD-A COMMON STOCK         | CUSIP: N/A<br>LEI: 300300AKNDEHIGVDZW37 | Long             | EC               |  | CN        |    323200 | NS      | $298377.53    | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Chaozhou Three-circle Group Co Ltd                               | CHAOZHOU THREE-CIRCLE GROU-A COMMON STOCK | CUSIP: N/A<br>LEI: 655600NIG229WUTGM382 | Long             | EC               |  | CN        |     12000 | NS      | $78003.20     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ZANGGE MINING COMPANY LIMITED                                    | ZANGGE MINING CO LTD-A COMMON STOCK       | CUSIP: N/A<br>LEI: N/A                  | Long             | EC               |  | CN        |     43800 | NS      | $358455.26    | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Communications Co., Ltd.                                 | BANK OF COMMUNICATIONS CO-A COMMON STOCK  | CUSIP: N/A<br>LEI: 549300AX1UM10U30HK09 | Long             | EC               |  | CN        |    323000 | NS      | $304537.42    | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA CONSTRUCTION BANK CORPORATION                              | CHINA CONSTRUCTION BANK-A COMMON STOCK    | CUSIP: N/A<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               |  | CN        |    256800 | NS      | $310218.03    | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Beijing Co., Ltd.                                        | BANK OF BEIJING CO LTD -A COMMON STOCK    | CUSIP: N/A<br>LEI: 300300C1080211000042 | Long             | EC               |  | CN        |    395400 | NS      | $305673.04    | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai International Port (Group) Co., Ltd.                    | SHANGHAI INTERNATIONAL POR-A COMMON STOCK | CUSIP: N/A<br>LEI: 300300DAQ7G1LS22G609 | Long             | EC               |  | CN        |    428500 | NS      | $327654.54    | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Jiangsu Co., Ltd.                                        | BANK OF JIANGSU CO LTD-A COMMON STOCK     | CUSIP: N/A<br>LEI: 300300C1086832000046 | Long             | EC               |  | CN        |    223900 | NS      | $315082.22    | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Eoptolink Technology Inc Ltd                                     | EOPTOLINK TECHNOLOGY INC L-A COMMON STOCK | CUSIP: N/A<br>LEI: N/A                  | Long             | EC               |  | CN        |      6100 | NS      | $313045.01    | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED                  | IND & COMM BK OF CHINA-A COMMON STOCK     | CUSIP: N/A<br>LEI: 5493002ERZU2K9PZDL40 | Long             | EC               |  | CN        |    312700 | NS      | $320272.47    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Ningxia Baofeng Energy Group Co., Ltd.                           | NINGXIA BAOFENG ENERGY GRO-A COMMON STOCK | CUSIP: N/A<br>LEI: 300300G6CBIVJWQ4IC71 | Long             | EC               |  | CN        |    135900 | NS      | $339397.26    | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Krane Funds Advisors, LLC

**Signature:** Jonathan Krane

**Name of Signer:** Jonathan Krane

**Title:** CEO