# EDGAR Filing Document

**Accession Number:** 0001984165
**File Stem:** 0000910472-25-004687
**Filing Date:** 2025-11
**Character Count:** 37500
**Document Hash:** bb79127dada3edc9e61c5c4b634f44c2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-004687.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0000910472-25-004687

**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:** CAZ Strategic Opportunities Fund
- **CENTRAL INDEX KEY:** 0001984165

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23892
- **FILM NUMBER:** 251529640

**BUSINESS ADDRESS:**
- **STREET 1:** ONE RIVERWAY, SUITE 2000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77056
- **BUSINESS PHONE:** 713.403.8250

**MAIL ADDRESS:**
- **STREET 1:** ONE RIVERWAY, SUITE 2000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77056

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CAZ STRATEGIC OPPORTUNITIES FUND
- **DATE OF NAME CHANGE:** 20230809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CAZ Holy Grail Fund
- **DATE OF NAME CHANGE:** 20230705

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** CAZ Strategic Opportunities Fund

- **b. Investment Company Act file number:** 811-23892

- **c. CIK number of Registrant:** 0001984165

- **d. LEI of Registrant:** 529900ED7EM1EEMMKU09

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

  - **Street Address 1:** One Riverway

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77056

  - **Telephone number:** 713-403-8250

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

- **a. Name of Series:** CAZ Strategic Opportunities Fund

- **c. LEI of Series:** 529900ED7EM1EEMMKU09

**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:** $460826731.38

**Total Liabilities:** $1340015.50

**Net Assets:** $459486715.88

**Cash Not Reported:** $5793001.24

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 2.35%                | 2.01%                | 0.24%                |
| Class ID N/A | 2.28%                | 1.98%                | 0.16%                |
| Class ID N/A | 2.36%                | 2.06%                | 0.24%                |
| Class ID N/A | 2.24%                | 1.98%                | 0.16%                |
| Class ID N/A | 2.25%                | 1.95%                | 0.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $8561295.94                                |
| Month 2  | $0.00                    | $8146826.14                                |
| Month 3  | $140236.38               | $1305581.44                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| N/A    | Khosla Ventures IX, LP                                                              | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    940800 | NS      | $940800.00    | 0.20%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | TowerBrook Structured Opportunities Fund III, LP                                    | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    188940 | NS      | $346718.00    | 0.08%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Caffeinated Capital Aven SPV IV, LLC                                                | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2000000 | NS      | $2000000.00   | 0.44%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Cogentrix Co-Investment Fund-D, LP                                                  | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1001572 | NS      | $1626873.91   | 0.35%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Tamarack Global Impulse Space II, LP                                                | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1500000 | NS      | $3791331.00   | 0.83%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Alta Park Private Opportunities Fund, LP - Series IV (Series K Sub-Capital Account) | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4040000 | NS      | $4040000.00   | 0.88%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | GrowthCurve Capital Destination Co-Invest LP                                        | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1017621 | NS      | $1204838.00   | 0.26%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | JCF V Co-Invest E LP                                                                | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2020000 | NS      | $2020000.00   | 0.44%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | AE Co-Investment Partners Fund III-R, LP                                            | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2007790 | NS      | $2004663.40   | 0.44%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | AE Industrial Partners Aerospace Leasing Fund II-A , LP                             | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2491773 | NS      | $1651108.87   | 0.36%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Blue Owl GP Stakes IV Offshore Investors, LP                                        | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3855443 | NS      | $3686914.94   | 0.80%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | 26N Guava Co-Investment Partners LP                                                 | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   7500000 | NS      | $7500000.00   | 1.63%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | The Veritas Capital Fund IX, L.P.                                                   | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    260235 | NS      | $62179.00     | 0.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | BSP Pioneer Investors Feeder, LP                                                    | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4602324 | NS      | $4602324.00   | 1.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Platinum Credit Opportunities Fund, LP                                              | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4189185 | NS      | $2744262.00   | 0.60%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Saba Capital Carry Neutral Tail Hedge Partners, LP                                  | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3500000 | NS      | $3264010.79   | 0.71%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | HS Investments VI-C, LP                                                             | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   5061654 | NS      | $5034328.35   | 1.10%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | Gridpoint, Inc. Series A Convertible Pref Stock                                     | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1402500 | NS      | $1402500.00   | 0.31%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | Blue Owl GP Stakes US Investors LP                                                  | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    975676 | NS      | $1323509.00   | 0.29%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Sage Equity Investors Side, LP                                                      | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    441845 | NS      | $441845.00    | 0.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | F&S Blocker Member LLC                                                              | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3000000 | NS      | $2334771.00   | 0.51%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Blue Owl GP Stakes II Pension Investors LP                                          | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2515072 | NS      | $2675060.71   | 0.58%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Hercules CV, LP                                                                     | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3692454 | NS      | $5696925.00   | 1.24%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | H. Barton Venture Select V LLC                                                      | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1171695 | NS      | $1178847.00   | 0.26%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Palmer Square Income Plus Fund LLC                                                  | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4891210 | NS      | $5348293.00   | 1.16%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | NEA Secondary Opportunity Fund, LP                                                  | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2412150 | NS      | $3239001.60   | 0.70%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Overmatch Armada SPV B, LLC                                                         | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4040000 | NS      | $4000000.00   | 0.87%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Blackstone Strategic Capital Holdings (Cayman), LP                                  | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   8510913 | NS      | $8780893.07   | 1.91%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | GCM Grosvenor Elevate Feeder Fund I, LP                                             | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4361220 | NS      | $2509478.65   | 0.55%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | PeterShill PES II Offshore SCSp                                                     | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    417732 | NS      | $417732.25    | 0.09%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Janus Henderson Biotech Innovation Fund LLC, Class-A                                | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   6000000 | NS      | $6000000.00   | 1.31%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | General Catalyst Group XII, LP                                                      | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3408931 | NS      | $3717501.86   | 0.81%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Tamarack Global Opportunities II, LP                                                | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3625000 | NS      | $10784650.00  | 2.35%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Vista Equity Partners Fund VIII-A, LP                                               | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2781317 | NS      | $3357147.00   | 0.73%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | M13 SO X LLC                                                                        | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1615000 | NS      | $1585847.00   | 0.35%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Biofire Group, Inc.                                                                 | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    249999 | NS      | $249999.25    | 0.05%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | RCP Ocean Co-Investment Fund, LP                                                    | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   8366268 | NS      | $8366267.88   | 1.82%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Blue Owl GP Stakes Offshore Investors LP                                            | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   5829569 | NS      | $7445469.00   | 1.62%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | ClareMedica Parent Holdings, LP - Class A Units                                     | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |     40000 | NS      | $4000000.00   | 0.87%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | Federated Treasury Obligations Fund Institutional Shares                            | CUSIP: N/A<br>LEI: N/A | Long             | STIV             | RF                | US        |  55103426 | NS      | $55103425.66  | 11.99%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A    | WaterBridge Infrastructure, LLC                                                     | CUSIP: N/A<br>LEI: N/A | Long             | EC               | CORP              | US        |     37500 | NS      | $945750.00    | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A    | Caffeinated Capital Saronic SPV, LLC                                                | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1000000 | NS      | $2607768.33   | 0.57%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Arctos Florida Coinvestment Holdings Feeder LP                                      | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4660536 | NS      | $4656222.00   | 1.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Upfront VIII, LP                                                                    | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    361236 | NS      | $361236.00    | 0.08%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | 26N Private Equity Partners I LP                                                    | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    837218 | NS      | $650188.00    | 0.14%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | QB Energy Co-Investment Fund-D, LP                                                  | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    480954 | NS      | $479128.32    | 0.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Khosla Ventures Seed G, LP                                                          | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    480000 | NS      | $480000.00    | 0.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Snowpoint Growth 2.3, LLC                                                           | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1000000 | NS      | $1000000.00   | 0.22%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | WH Strategic Opportunities Fund IV LP, Class B                                      | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2058824 | NS      | $2058823.53   | 0.45%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | HEQ II Co-Investment Fund-D, LP                                                     | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    390914 | NS      | $520154.52    | 0.11%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Tacora Capital II, LP                                                               | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3074921 | NS      | $3066710.88   | 0.67%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Gridpoint, Inc. Series B Convertible Pref Stock                                     | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1402500 | NS      | $1402500.00   | 0.31%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | Tamarack Divergent I, LP, Class A                                                   | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   5000000 | NS      | $5000000.00   | 1.09%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | ASP II AMR Co-Invest, LP                                                            | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3531888 | NS      | $3706339.00   | 0.81%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Firebird Co-Investment Fund-D, LP                                                   | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    309571 | NS      | $398708.48    | 0.09%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | 26N Jupiter Co-Investment Partners LP                                               | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3015444 | NS      | $2996797.00   | 0.65%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | H.I.G. Capital Partners VII-B, LP                                                   | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |     75000 | NS      | $44486.00     | 0.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Gridpoint, Inc. Series C1 Convertible Pref Stock                                    | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2195003 | NS      | $2195002.53   | 0.48%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | Blue Owl GP Stakes Atlas Fund I Offshore Investors                                  | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  24000000 | NS      | $25871643.60  | 5.63%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Velocity Made Food, LP                                                              | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   5062688 | NS      | $5062688.00   | 1.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Biofire Group Inc., Safe                                                            | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |     56825 | NS      | $56825.00     | 0.01%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | ASP II Project Striker Co-Invest, LP                                                | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3391393 | NS      | $3779029.00   | 0.82%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Sapphire Opportunity Fund IV, LP, Investment Class 4                                | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   5014286 | NS      | $5014286.00   | 1.09%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Five Point Water MGMT & Sustainable Infra Fund                                      | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1105719 | NS      | $1773817.00   | 0.39%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Sycamore Partners III, LP                                                           | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  10849269 | NS      | $10844268.92  | 2.36%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Blackstone Strategic Capital Holdings, LP                                           | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  15277150 | NS      | $15518716.00  | 3.38%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Dawson Partner Rated Fund                                                           | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3420486 | NS      | $4483800.00   | 0.98%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Pershing Square Holdco, LP                                                          | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4000000 | NS      | $4000000.00   | 0.87%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | Arctos Sports Partners Fund I, LP                                                   | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   9129397 | NS      | $9934977.00   | 2.16%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | JCF V Co-Invest River LP                                                            | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | KY        |   3838441 | NS      | $5036832.26   | 1.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Endurance Parallel Offshore LP                                                      | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   5147076 | NS      | $5982321.16   | 1.30%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Series X Capital Fund I, LP                                                         | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3075000 | NS      | $2902400.00   | 0.63%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Wonder Group, Inc. Series C Preferred Stock                                         | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   6499996 | NS      | $6499995.94   | 1.41%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | Caffeinated Capital Playground SPV, LLC                                             | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    250000 | NS      | $246495.20    | 0.05%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Khosla Ventures Opportunity III, LP                                                 | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    965200 | NS      | $965200.00    | 0.21%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Arctos Keystone Atlas Co-Invest A, LP                                               | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | DE        |   5405405 | NS      | $6342079.29   | 1.38%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | DSC Meridian Credit Opportunities  Offshore Fund LTD, Founders Class                | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   5000000 | NS      | $5272324.48   | 1.15%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Petershill Private Equity Seeding Offshore SCsp                                     | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4438633 | NS      | $5606414.78   | 1.22%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Quantum Energy Partners VIII-D Co-Investment Fund                                   | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1159405 | NS      | $1241499.17   | 0.27%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Caffeinated Capital Onebrief SPV, LLC                                               | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2000000 | NS      | $3010648.99   | 0.66%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Arctos American Football Fund Feeder LP                                             | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4805068 | NS      | $313650.00    | 0.07%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Neuberger PSG Prima IX LP                                                           | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   5022252 | NS      | $5022251.86   | 1.09%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Hedosophia SP B LP, Series B                                                        | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | GG        |   4369428 | NS      | $5134100.46   | 1.12%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | APH Extended Value Fund H, LP                                                       | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4975603 | NS      | $5836831.00   | 1.27%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Caffeinated Capital Aven SPV III, LLC                                               | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2179450 | NS      | $2172323.26   | 0.47%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Olympus Parallel Offshore, LP                                                       | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    460000 | NS      | $460000.00    | 0.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | TI VI Project Armstrong Co-Invest, LP                                               | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4461979 | NS      | $4962059.00   | 1.08%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | RCP MQ Co-Investment Fund, LP                                                       | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2521354 | NS      | $3042956.06   | 0.66%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Snowpoint Ventures II - S&T, LP                                                     | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1500000 | NS      | $1500000.00   | 0.33%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Insight Hideaway Aggregator, LP                                                     | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2550833 | NS      | $3427078.01   | 0.75%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Stonepeak Cologix Holdings, LP                                                      | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1636121 | NS      | $2039240.00   | 0.44%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Gordon Holdings (Offshore) I LP                                                     | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  12972725 | NS      | $15926017.04  | 3.47%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Akra Origin Holdings-A, LP                                                          | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   4745851 | NS      | $4745851.00   | 1.03%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Park Square Capital Credit Investments                                              | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   5000000 | NS      | $5079005.40   | 1.11%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Snowpoint Growth 2.2, LLC                                                           | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1520192 | NS      | $1504412.00   | 0.33%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | GPS V, LP                                                                           | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   5027273 | NS      | $5014425.00   | 1.09%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Icon Technology, Inc.                                                               | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |     54372 | NS      | $406000.00    | 0.09%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | Equitime SES Investor, LLC                                                          | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1800000 | NS      | $1800000.00   | 0.39%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | Encap Energy Capital Fund XII-B, LP                                                 | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   5748852 | NS      | $4965213.37   | 1.08%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Earli, Inc.                                                                         | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    999999 | NS      | $999999.41    | 0.22%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | Audax Senior Loan Fund I, LP                                                        | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   5000000 | NS      | $4959561.22   | 1.08%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | M13 Ventures IV, LP                                                                 | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   1962500 | NS      | $1667087.00   | 0.36%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | ClareMedica Parent Holdings, LP - Class C-1 Units                                   | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |     28564 | NS      | $0.00         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | Blue Owl GP Stakes Atlas Fund III Offshore Investors LP                             | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   6666667 | NS      | $6666666.67   | 1.45%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Snowpoint Growth I.VI, LLC                                                          | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3043500 | NS      | $3012217.00   | 0.66%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Overmatch Apex SPV LLC, Class A                                                     | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2970588 | NS      | $2970588.23   | 0.65%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Quantum Parallel Partners VIII-D, LP                                                | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   7937856 | NS      | $7292122.83   | 1.59%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Artist Growth Opportunity V LP                                                      | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3240000 | NS      | $3240000.00   | 0.71%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A    | Caffeinated Capital Varda SPV II, LLC                                               | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   2000000 | NS      | $1995788.03   | 0.43%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Trivest Growth Investment Fund III-A, LP                                            | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |    237472 | NS      | $217950.00    | 0.05%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Capstone Dispersion Fund (US) LP                                                    | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   3536477 | NS      | $3667655.00   | 0.80%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A    | Blue Owl GP Stakes IV US Investors, LP                                              | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |   9704789 | NS      | $12622946.29  | 2.75%             |  |  |  | Yes           | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** CAZ Strategic Opportunities Fund

**Signature:** Marcie McVeigh

**Name of Signer:** Marcie McVeigh

**Title:** Treasurer