# EDGAR Filing Document

**Accession Number:** 0001592900
**File Stem:** 0001592900-26-003358
**Filing Date:** 2026-6
**Character Count:** 30345
**Document Hash:** c8625ea7ded140148e107af4e8a3408c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001592900-26-003358.hdr.sgml**: 20260629

**ACCESSION NUMBER**: 0001592900-26-003358

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260629

**DATE AS OF CHANGE**: 20260629

**PERIOD START**: 20260731

**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:** 261134267

**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

### Bushido Capital US Equity ETF (Series ID: S000080670)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000243188 | Bushido Capital US Equity ETF | SMRI            |

## Nport-Ex

---

| |
|:---|
| **BUSHIDO CAPITAL US EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **April 30, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares**  | **Value**  |
| **COMMON STOCKS - 99.8%**  | | |
| **<u>Communication Services</u> - 3.9%**  | |  |
| **Advertising - 1.9%**  |  |  |
| Omnicom Group, Inc.  | 133348 | $10230459 |
| **Broadcasting - 2.0%**  |  |  |
| Fox Corp. - Class A  | 171358 | 10879519 |
| **Total Communication Services** |  | 21109978 |
| **<u>Consumer Discretionary</u> - 18.2%**  |  |  |
| **Apparel, Accessories & Luxury Goods - 1.6%**  |  |  |
| Lululemon Athletica, Inc. <sup>(a)</sup> | 61390 | 8453403 |
| **Automotive Parts & Equipment - 1.6%**  |  |  |
| Aptiv PLC <sup>(a)</sup> | 140784 | 8483644 |
| **Casinos & Gaming - 1.8%**  |  |  |
| Las Vegas Sands Corp.  | 184179 | 10058015 |
| **Footwear - 1.9%**  |  |  |
| Deckers Outdoor Corp. <sup>(a)</sup> | 99920 | 10211824 |
| **Homebuilding - 5.5%**  |  |  |
| Lennar Corp. - Class A  | 109004 | 9843061 |
| NVR, Inc. <sup>(a)</sup> | 1548 | 9776967 |
| Toll Brothers, Inc.  | 73465 | 10442315 |
|  |  | 30062343 |
| **Hotels, Resorts & Cruise Lines - 5.8%**  |  |  |
| Airbnb, Inc. - Class A <sup>(a)</sup> | 77251 | 10842951 |
| Booking Holdings, Inc.  | 58045 | 9772456 |
| Expedia Group, Inc.  | 43233 | 10737780 |
|  |  | 31353187 |
| **Total Consumer Discretionary** |  | 98622416 |
| **<u>Energy</u> - 9.8%**  |  |  |
| **Oil & Gas Equipment & Services - 2.1%**  |  |  |
| SLB Ltd.  | 198154 | 11271000 |
| **Oil & Gas Exploration & Production - 5.6%**  |  |  |
| Diamondback Energy, Inc.  | 50791 | 10444153 |
| Expand Energy Corp.  | 91161 | 9312096 |
| Permian Resources Corp.  | 487819 | 10546647 |
|  |  | 30302896 |

---

------

---

| |
|:---|
| **BUSHIDO CAPITAL US EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **April 30, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares**  | **Value**  |
| **Oil & Gas Refining & Marketing - 2.1%**  |  |  |
| Valero Energy Corp.  | 45331 | $11449704 |
| **Total Energy** |  | 53023600 |
| **<u>Financials</u> - 2.0%**  |  |  |
| **Reinsurance - 2.0%**  |  |  |
| Everest Group Ltd.  | 30886 | 11018889 |
| **<u>Health Care</u> - 18.6%**  |  |  |
| **Biotechnology - 3.9%**  |  |  |
| Incyte Corp. <sup>(a)</sup> | 111439 | 10616793 |
| Neurocrine Biosciences, Inc. <sup>(a)</sup> | 80059 | 10541369 |
|  |  | 21158162 |
| **Health Care Facilities - 1.7%**  |  |  |
| Tenet Healthcare Corp. <sup>(a)</sup> | 50823 | 9001770 |
| **Health Care Services - 2.0%**  |  |  |
| Cigna Group  | 37469 | 10887742 |
| **Health Care Technology - 1.6%**  |  |  |
| Veeva Systems, Inc. - Class A <sup>(a)</sup> | 56501 | 8812461 |
| **Managed Health Care - 5.6%**  |  |  |
| Centene Corp. <sup>(a)</sup> | 307759 | 16523581 |
| Humana, Inc.  | 58096 | 13736218 |
|  |  | 30259799 |
| **Pharmaceuticals - 3.8%**  |  |  |
| Merck & Co., Inc.  | 87061 | 9505320 |
| Royalty Pharma PLC - Class A  | 220517 | 11045696 |
|  |  | 20551016 |
| **Total Health Care** |  | 100670950 |
| **<u>Industrials</u> - 9.4%**  |  |  |
| **Human Resource & Employment Services - 3.8%**  |  |  |
| Automatic Data Processing, Inc.  | 47880 | 10147687 |
| Paychex, Inc.  | 111940 | 10369002 |
|  |  | 20516689 |
| **Industrial Machinery & Supplies & Components - 1.9%**  |  |  |
| Snap-on, Inc.  | 27715 | 10625931 |
| **Passenger Ground Transportation - 1.9%**  |  |  |
| Uber Technologies, Inc. <sup>(a)</sup> | 138374 | 10324084 |

---

------

---

| |
|:---|
| **BUSHIDO CAPITAL US EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **April 30, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares**  | **Value**  |
| **Research & Consulting Services - 1.8%**  |  |  |
| Leidos Holdings, Inc.  | 64234 | $9584998 |
| **Total Industrials** |  | 51051702 |
| **<u>Information Technology</u> - 32.1%** <sup>(b)</sup> |  |  |
| **Application Software - 7.8%**  |  |  |
| Adobe, Inc. <sup>(a)</sup> | 42289 | 10407323 |
| Salesforce, Inc.  | 53105 | 9374626 |
| Workday, Inc. - Class A <sup>(a)</sup> | 77807 | 9523577 |
| Zoom Communications, Inc. - Class A <sup>(a)</sup> | 132044 | 12828074 |
|  |  | 42133600 |
| **Communications Equipment - 2.1%**  |  |  |
| F5, Inc. <sup>(a)</sup> | 34836 | 11283380 |
| **Internet Services & Infrastructure - 4.0%**  |  |  |
| Okta, Inc. <sup>(a)</sup> | 130707 | 9626571 |
| Twilio, Inc. - Class A <sup>(a)</sup> | 81300 | 12037278 |
|  |  | 21663849 |
| **IT Consulting & Other Services - 3.3%**  |  |  |
| Accenture PLC - Class A  | 50731 | 9066137 |
| Cognizant Technology Solutions Corp. - Class A  | 167103 | 8839749 |
|  |  | 17905886 |
| **Semiconductors - 5.6%**  |  |  |
| ON Semiconductor Corp. <sup>(a)</sup> | 162165 | 16347853 |
| QUALCOMM, Inc.  | 78317 | 14064167 |
|  |  | 30412020 |
| **Technology Distributors - 2.1%**  |  |  |
| CDW Corp.  | 82541 | 11300688 |
| **Technology Hardware, Storage & Peripherals - 7.2%**  |  |  |
| Dell Technologies, Inc. - Class C  | 58317 | 12185337 |
| NetApp, Inc.  | 97745 | 10827214 |
| Sandisk Corp. <sup>(a)</sup> | 14583 | 15990405 |
|  |  | 39002956 |
| **Total Information Technology** |  | 173702379 |
| **<u>Materials</u> - 3.9%**  |  |  |
| **Gold Mining - 3.9%**  |  |  |
| Coeur Mining, Inc. <sup>(a)</sup> | 549578 | 9875917 |
| Newmont Corp.  | 102811 | 11421274 |
| **Total Materials** |  | 21297191 |

---

------

---

| |
|:---|
| **BUSHIDO CAPITAL US EQUITY ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **April 30, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares**  | **Value**  |
| **<u>Utilities</u> - 1.9%**  | |  |
| **Electric Utilities - 1.9%**  |  |  |
| NRG Energy, Inc.  | 65701 | $10221762 |
| **TOTAL COMMON STOCKS** (Cost $485,387,951) |  | 540718867 |
| **SHORT-TERM INVESTMENTS** |  |  |
| **MONEY MARKET FUNDS - 0.2%**  |  |  |
| First American Government Obligations Fund - Class X, 3.58% <sup>(c)</sup> | 1047039 | 1047039 |
| **TOTAL MONEY MARKET FUNDS** (Cost $1,047,039) |  | 1047039 |
| **TOTAL INVESTMENTS - 100.0% (**Cost $486,434,990**)** |  | $541765906 |
| Liabilities in Excess of Other Assets - (0.0)% <sup>(d)</sup> |  | (114917) |
| **TOTAL NET ASSETS - 100.0%** |  | $541650989 |

---

Percentages are stated as a percent of net assets.

PLC - Public Limited Company

(a) <br> Non-income producing security.

(b) <br> To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.

(c) <br> The rate shown represents the 7-day annualized yield as of April 30, 2026.

(d) <br> Represents less than 0.05% of net assets.

The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.

------

**BUSHIDO CAPITAL US EQUITY ETF**

**Summary of Fair Value Disclosure as of April 30, 2026 (Unaudited)**

Bushido Capital US Equity ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of April 30, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **DESCRIPTION** | **LEVEL 1** | **LEVEL 2** | **LEVEL 3** | **TOTAL** |
| **<u>Investments:</u>** |  |  |  |  |
| Common Stocks  | $540718867 | $— | $— | $540718867 |
| Money Market Funds  | 1047039 |  |  | 1047039 |
| **Total Investments** | $541765906 | $— | $— | $541765906 |

---

Refer to the Schedule of Investments for further disaggregation of investment categories.

During the fiscal period ended April 30, 2026, the Fund did not invest in any Level 3 investments and recognized no transfers to/from Level 3. Transfers between levels are recognized at the end of the reporting period.

## 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:** Bushido Capital US Equity ETF

- **b. EDGAR series identifier (if any):** S000080670

- **c. LEI of Series:** 5493000KPQW71RMPBT76

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $541195378.26

**Total Liabilities:** $304868.53

**Net Assets:** $540890509.73

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243188 | 1.39%                | -2.80%               | 7.48%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7627366.62             | $14180033.20                               |
| Month 2  | $3036936.05              | $-17937289.00                              |
| Month 3  | $-1055795.19             | $38945573.91                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Leidos Holdings Inc                        | Leidos Holdings Inc                        | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     64144 | NS      | $9571567.68   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                                   | Okta Inc                                   | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |    130525 | NS      | $9613166.25   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                               | QUALCOMM Inc                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     78209 | NS      | $14044772.22  | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp                      | Tenet Healthcare Corp                      | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     50753 | NS      | $8989371.36   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                                     | F5 Inc                                     | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |     34788 | NS      | $11267833.20  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                             | NRG Energy Inc                             | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     65609 | NS      | $10207448.22  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp                      | ON Semiconductor Corp                      | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |    161939 | NS      | $16325070.59  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                                 | NetApp Inc                                 | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     97609 | NS      | $10812148.93  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc                 | Neurocrine Biosciences Inc                 | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |     79947 | NS      | $10526621.49  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc              | Automatic Data Processing Inc              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     47814 | NS      | $10133699.16  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp                       | Las Vegas Sands Corp                       | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |    183921 | NS      | $10043925.81  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                          | Expedia Group Inc                          | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43173 | NS      | $10722878.01  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc                    | Lululemon Athletica Inc                    | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |     61304 | NS      | $8441560.80   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                | Workday Inc                                | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     77699 | NS      | $9510357.60   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                          | Veeva Systems Inc                          | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |     56423 | NS      | $8800295.31   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                                | CDW Corp/DE                                | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     82427 | NS      | $11285080.57  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                 | Airbnb Inc                                 | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     77143 | NS      | $10827791.48  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                             | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     53031 | NS      | $9361562.43   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                  | Adobe Inc                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     42231 | NS      | $10393049.10  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp        | Cognizant Technology Solutions Corp        | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    166869 | NS      | $8827370.10   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                         | Valero Energy Corp                         | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     45269 | NS      | $11434044.02  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp                               | Centene Corp                               | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |    307327 | NS      | $16500386.63  | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| COEUR MINING INC.                          | COEUR MINING INC.                          | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    548808 | NS      | $9862079.76   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp                       | Deckers Outdoor Corp                       | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     99780 | NS      | $10197516.00  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                       | Booking Holdings Inc                       | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     57965 | NS      | $9758987.40   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                                 | Humana Inc                                 | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     58016 | NS      | $13717303.04  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers Inc                          | Toll Brothers Inc                          | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |     73363 | NS      | $10427816.82  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                                | Lennar Corp                                | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |    108852 | NS      | $9829335.60   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp                                | Incyte Corp                                | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |    111283 | NS      | $10601931.41  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                             | Merck & Co Inc                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     86939 | NS      | $9492000.02   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                               | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    102667 | NS      | $11405277.03  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR Inc                                    | NVR Inc                                    | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |      1546 | NS      | $9764335.02   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                | Paychex Inc                                | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |    111784 | NS      | $10354551.92  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                          | Omnicom Group Inc                          | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |    133162 | NS      | $10216188.64  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                                | Snap-on Inc                                | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |     27677 | NS      | $10611361.80  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                      | Uber Technologies Inc                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    138180 | NS      | $10309609.80  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                                 | Twilio Inc                                 | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |     81186 | NS      | $12020399.16  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obligations Fund | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1047039 | PA      | $1047039.05   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                                  | Aptiv PLC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JE        |    140588 | NS      | $8471832.88   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma PLC                         | Royalty Pharma PLC                         | CUSIP: N/A<br>LEI: 549300FGFN7VOK8BZR03       | Long             | EC               | CORP              | GB        |    220209 | NS      | $11030268.81  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                              | Accenture PLC                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |     50661 | NS      | $9053627.31   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                          | Everest Group Ltd                          | CUSIP: N/A<br>LEI: 549300N24XF2VV0B3570       | Long             | EC               | CORP              | BM        |     30844 | NS      | $11003905.44  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                                    | SLB Ltd                                    | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |    197876 | NS      | $11255186.88  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandisk Corp/DE                            | Sandisk Corp/DE                            | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14563 | NS      | $15968475.13  | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                            | Cigna Group/The                            | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     37417 | NS      | $10872631.86  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                   | Fox Corp                                   | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |    171118 | NS      | $10864281.82  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                      | Dell Technologies Inc                      | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     58237 | NS      | $12168621.15  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp                     | Permian Resources Corp                     | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    487135 | NS      | $10531858.70  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc                    | Zoom Communications Inc                    | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |    131860 | NS      | $12810199.00  | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                     | Diamondback Energy Inc                     | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     50721 | NS      | $10429759.23  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                         | Expand Energy Corp                         | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     91035 | NS      | $9299225.25   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** EA Series Trust

**Signature:** /s/ Sean Hegarty

**Name of Signer:** Sean Hegarty

**Title:** Treasurer