# EDGAR Filing Document

**Accession Number:** 0001540305
**File Stem:** 0000894189-26-009751
**Filing Date:** 2026-3
**Character Count:** 107594
**Document Hash:** b5883ccf06b12d43fe07464d4b499a34
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-009751.hdr.sgml**: 20260330

**ACCESSION NUMBER**: 0000894189-26-009751

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260330

**DATE AS OF CHANGE**: 20260330

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Series Solutions
- **CENTRAL INDEX KEY:** 0001540305

**ORGANIZATION NAME:**
- **EIN:** 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:** 26811726

**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

### Aptus Collared Investment Opportunity ETF (Series ID: S000065985)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000213139 | Aptus Collared Investment Opportunity ETF | ACIO            |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **Aptus Collared Investment Opportunity ETF** | **Aptus Collared Investment Opportunity ETF** | **Aptus Collared Investment Opportunity ETF** | **Aptus Collared Investment Opportunity ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** |
| **COMMON STOCKS - 99.3%** | **COMMON STOCKS - 99.3%** | **Shares** | **Value**  |
| **Basic Materials - 1.8%** | **Basic Materials - 1.8%** | **Basic Materials - 1.8%** |  |
| Linde PLC <sup>(a)</sup> | Linde PLC <sup>(a)</sup> | 43310 | $19791371 |
| Newmont Corp. <sup>(a)(b)</sup> | Newmont Corp. <sup>(a)(b)</sup> | 136384 | 15322742 |
| Sherwin-Williams Co. <sup>(a)</sup> | Sherwin-Williams Co. <sup>(a)</sup> | 12921 | 4582304 |
|  |  |  | 39696417 |
| **Communications - 16.7%** | **Communications - 16.7%** | **Communications - 16.7%** |  |
| Alphabet, Inc. - Class C <sup>(a)(b)</sup> | Alphabet, Inc. - Class C <sup>(a)(b)</sup> | 381879 | 129277498 |
| Amazon.com, Inc. <sup>(a)(b)(c)</sup> | Amazon.com, Inc. <sup>(a)(b)(c)</sup> | 364065 | 87120754 |
| AppLovin Corp. - Class A <sup>(c)</sup> | AppLovin Corp. - Class A <sup>(c)</sup> | 10369 | 4905678 |
| Arista Networks, Inc. <sup>(c)</sup> | Arista Networks, Inc. <sup>(c)</sup> | 43635 | 6184825 |
| AT&T, Inc. | AT&T, Inc. | 274594 | 7197109 |
| Booking Holdings, Inc. | Booking Holdings, Inc. | 1157 | 5787129 |
| Cisco Systems, Inc. | Cisco Systems, Inc. | 140328 | 10990489 |
| Meta Platforms, Inc. - Class A <sup>(a)(b)</sup> | Meta Platforms, Inc. - Class A <sup>(a)(b)</sup> | 81374 | 58304471 |
| Motorola Solutions, Inc. <sup>(a)</sup> | Motorola Solutions, Inc. <sup>(a)</sup> | 11545 | 4647324 |
| Netflix, Inc. <sup>(a)(c)</sup> | Netflix, Inc. <sup>(a)(c)</sup> | 238111 | 19879887 |
| Palo Alto Networks, Inc. <sup>(c)</sup> | Palo Alto Networks, Inc. <sup>(c)</sup> | 25015 | 4426904 |
| T-Mobile US, Inc. <sup>(a)</sup> | T-Mobile US, Inc. <sup>(a)</sup> | 57427 | 11325179 |
| Uber Technologies, Inc. <sup>(a)(b)(c)</sup> | Uber Technologies, Inc. <sup>(a)(b)(c)</sup> | 87637 | 7015342 |
| Verizon Communications, Inc. | Verizon Communications, Inc. | 158767 | 7068307 |
| Walt Disney Co. | Walt Disney Co. | 68649 | 7743607 |
|  |  |  | 371874503 |
| **Consumer, Cyclical - 8.3%** | **Consumer, Cyclical - 8.3%** | **Consumer, Cyclical - 8.3%** |  |
| Costco Wholesale Corp. <sup>(a)(b)</sup> | Costco Wholesale Corp. <sup>(a)(b)</sup> | 17488 | 16443092 |
| Lowe's Cos., Inc. | Lowe's Cos., Inc. | 92723 | 24762604 |
| Marriott International, Inc. - Class A <sup>(a)(b)</sup> | Marriott International, Inc. - Class A <sup>(a)(b)</sup> | 31027 | 9782813 |
| McDonald's Corp. <sup>(a)(b)</sup> | McDonald's Corp. <sup>(a)(b)</sup> | 62649 | 19734435 |
| NIKE, Inc. - Class B | NIKE, Inc. - Class B | 42423 | 2622166 |
| PulteGroup, Inc. <sup>(a)(b)</sup> | PulteGroup, Inc. <sup>(a)(b)</sup> | 108329 | 13550875 |
| Starbucks Corp. | Starbucks Corp. | 39843 | 3663564 |
| Tesla, Inc. <sup>(a)(b)(c)</sup> | Tesla, Inc. <sup>(a)(b)(c)</sup> | 106296 | 45750861 |
| TJX Cos., Inc. <sup>(a)(b)</sup> | TJX Cos., Inc. <sup>(a)(b)</sup> | 127591 | 19114408 |
| Walmart, Inc. <sup>(a)(b)</sup> | Walmart, Inc. <sup>(a)(b)</sup> | 253592 | 30212951 |
|  |  |  | 185637769 |
| **Consumer, Non-cyclical - 13.4%** | **Consumer, Non-cyclical - 13.4%** | **Consumer, Non-cyclical - 13.4%** |  |
| Abbott Laboratories <sup>(a)</sup> | Abbott Laboratories <sup>(a)</sup> | 111137 | 12147274 |
| AbbVie, Inc. <sup>(a)</sup> | AbbVie, Inc. <sup>(a)</sup> | 77750 | 17339027 |
| Altria Group, Inc. <sup>(a)(b)</sup> | Altria Group, Inc. <sup>(a)(b)</sup> | 223803 | 13873548 |
| Amgen, Inc. <sup>(a)(b)</sup> | Amgen, Inc. <sup>(a)(b)</sup> | 24894 | 8510761 |
| Archer-Daniels-Midland Co. <sup>(b)</sup> | Archer-Daniels-Midland Co. <sup>(b)</sup> | 67372 | 4534809 |
| Bristol-Myers Squibb Co. | Bristol-Myers Squibb Co. | 74414 | 4096491 |
| Cintas Corp. <sup>(a)</sup> | Cintas Corp. <sup>(a)</sup> | 89664 | 17160793 |
| Colgate-Palmolive Co. | Colgate-Palmolive Co. | 50695 | 4577252 |
| CVS Health Corp. | CVS Health Corp. | 44529 | 3318301 |
| Danaher Corp. | Danaher Corp. | 23777 | 5204548 |
| Elevance Health, Inc. <sup>(a)</sup> | Elevance Health, Inc. <sup>(a)</sup> | 8136 | 2812941 |
| Eli Lilly & Co. <sup>(a)(b)</sup> | Eli Lilly & Co. <sup>(a)(b)</sup> | 30167 | 31287704 |
| Gilead Sciences, Inc. | Gilead Sciences, Inc. | 50235 | 7130858 |
| HCA Healthcare, Inc. | HCA Healthcare, Inc. | 6145 | 3000419 |
| Intuitive Surgical, Inc. <sup>(a)(b)(c)</sup> | Intuitive Surgical, Inc. <sup>(a)(b)(c)</sup> | 39333 | 19832485 |
| Johnson & Johnson <sup>(a)(b)</sup> | Johnson & Johnson <sup>(a)(b)</sup> | 91174 | 20719291 |
| McKesson Corp. | McKesson Corp. | 4687 | 3895881 |
| Medtronic PLC | Medtronic PLC | 51708 | 5323856 |
| Merck & Co., Inc. <sup>(b)</sup> | Merck & Co., Inc. <sup>(b)</sup> | 110786 | 12216372 |
| Mondelez International, Inc. - Class A | Mondelez International, Inc. - Class A | 89322 | 5222657 |
| PepsiCo, Inc. <sup>(b)</sup> | PepsiCo, Inc. <sup>(b)</sup> | 147030 | 22588219 |
| Pfizer, Inc. | Pfizer, Inc. | 206113 | 5449628 |
| Procter & Gamble Co. <sup>(a)(b)</sup> | Procter & Gamble Co. <sup>(a)(b)</sup> | 87900 | 13340583 |
| Quanta Services, Inc. | Quanta Services, Inc. | 6466 | 3068958 |
| S&P Global, Inc. | S&P Global, Inc. | 11653 | 6150337 |
| Stryker Corp. <sup>(a)</sup> | Stryker Corp. <sup>(a)</sup> | 33552 | 12399477 |
| Thermo Fisher Scientific, Inc. <sup>(b)</sup> | Thermo Fisher Scientific, Inc. <sup>(b)</sup> | 31120 | 18006343 |
| UnitedHealth Group, Inc. | UnitedHealth Group, Inc. | 36975 | 10609237 |
| Vertex Pharmaceuticals, Inc. <sup>(c)</sup> | Vertex Pharmaceuticals, Inc. <sup>(c)</sup> | 9151 | 4300055 |
|  |  |  | 298118105 |
| **Energy - 3.2%** | **Energy - 3.2%** | **Energy - 3.2%** |  |
| Devon Energy Corp. | Devon Energy Corp. | 328059 | 13191252 |
| Diamondback Energy, Inc. <sup>(a)</sup> | Diamondback Energy, Inc. <sup>(a)</sup> | 64971 | 10651996 |
| Exxon Mobil Corp. <sup>(a)(b)</sup> | Exxon Mobil Corp. <sup>(a)(b)</sup> | 286456 | 40504878 |
| SLB Ltd. <sup>(a)</sup> | SLB Ltd. <sup>(a)</sup> | 117952 | 5706518 |
|  |  |  | 70054644 |
| **Financial - 14.3%** | **Financial - 14.3%** | **Financial - 14.3%** |  |
| American Express Co. <sup>(b)</sup> | American Express Co. <sup>(b)</sup> | 33458 | 11782904 |
| Aon PLC - Class A | Aon PLC - Class A | 12974 | 4536229 |
| Arthur J Gallagher & Co. | Arthur J Gallagher & Co. | 17437 | 4348265 |
| Berkshire Hathaway, Inc. - Class B <sup>(a)(c)</sup> | Berkshire Hathaway, Inc. - Class B <sup>(a)(c)</sup> | 69638 | 33463148 |
| Blackrock, Inc. <sup>(a)(b)</sup> | Blackrock, Inc. <sup>(a)(b)</sup> | 24510 | 27425219 |
| Capital One Financial Corp. <sup>(b)</sup> | Capital One Financial Corp. <sup>(b)</sup> | 24737 | 5415671 |
| Charles Schwab Corp. | Charles Schwab Corp. | 60812 | 6319583 |
| Chubb Ltd. <sup>(b)</sup> | Chubb Ltd. <sup>(b)</sup> | 14073 | 4356438 |
| Citigroup, Inc. <sup>(a)(b)</sup> | Citigroup, Inc. <sup>(a)(b)</sup> | 169895 | 19658550 |
| Coinbase Global, Inc. - Class A <sup>(c)</sup> | Coinbase Global, Inc. - Class A <sup>(c)</sup> | 19917 | 3878637 |
| Digital Realty Trust, Inc. <sup>(a)</sup> | Digital Realty Trust, Inc. <sup>(a)</sup> | 77676 | 12890332 |
| Equinix, Inc. | Equinix, Inc. | 8806 | 7229110 |
| Goldman Sachs Group, Inc. <sup>(b)</sup> | Goldman Sachs Group, Inc. <sup>(b)</sup> | 10975 | 10266125 |
| Intercontinental Exchange, Inc. <sup>(a)</sup> | Intercontinental Exchange, Inc. <sup>(a)</sup> | 91970 | 15982547 |
| JPMorgan Chase & Co. <sup>(a)(b)</sup> | JPMorgan Chase & Co. <sup>(a)(b)</sup> | 123874 | 37891818 |
| Marsh & McLennan Cos., Inc. <sup>(a)</sup> | Marsh & McLennan Cos., Inc. <sup>(a)</sup> | 18306 | 3445006 |
| Morgan Stanley <sup>(a)(b)</sup> | Morgan Stanley <sup>(a)(b)</sup> | 46885 | 8570578 |
| PNC Financial Services Group, Inc. <sup>(b)</sup> | PNC Financial Services Group, Inc. <sup>(b)</sup> | 99800 | 22285340 |
| Progressive Corp. <sup>(a)</sup> | Progressive Corp. <sup>(a)</sup> | 96700 | 20113600 |
| Prologis, Inc. | Prologis, Inc. | 36008 | 4701205 |
| Public Storage <sup>(a)</sup> | Public Storage <sup>(a)</sup> | 29028 | 8017243 |
| Visa, Inc. - Class A <sup>(a)(b)</sup> | Visa, Inc. - Class A <sup>(a)(b)</sup> | 120121 | 38658541 |
| Welltower, Inc. <sup>(a)</sup> | Welltower, Inc. <sup>(a)</sup> | 39803 | 7497293 |
|  |  |  | 318733382 |
| **Industrial - 8.3%** | **Industrial - 8.3%** | **Industrial - 8.3%** |  |
| Amphenol Corp. - Class A <sup>(b)</sup> | Amphenol Corp. - Class A <sup>(b)</sup> | 72385 | 10429231 |
| Boeing Co. <sup>(b)(c)</sup> | Boeing Co. <sup>(b)(c)</sup> | 27313 | 6383594 |
| Caterpillar, Inc. <sup>(b)</sup> | Caterpillar, Inc. <sup>(b)</sup> | 61969 | 40735942 |
| CSX Corp. <sup>(a)(b)</sup> | CSX Corp. <sup>(a)(b)</sup> | 480795 | 18154819 |
| Deere & Co. <sup>(a)(b)</sup> | Deere & Co. <sup>(a)(b)</sup> | 28993 | 15308304 |
| Eaton Corp. PLC <sup>(a)(b)</sup> | Eaton Corp. PLC <sup>(a)(b)</sup> | 30213 | 10617452 |
| FedEx Corp. | FedEx Corp. | 11469 | 3695885 |
| GE Vernova, Inc. <sup>(b)</sup> | GE Vernova, Inc. <sup>(b)</sup> | 9981 | 7249899 |
| General Electric Co. <sup>(a)(b)</sup> | General Electric Co. <sup>(a)(b)</sup> | 53331 | 16361417 |
| Honeywell International, Inc. <sup>(a)(b)</sup> | Honeywell International, Inc. <sup>(a)(b)</sup> | 38604 | 8783182 |
| Johnson Controls International PLC | Johnson Controls International PLC | 25702 | 3065221 |
| L3Harris Technologies, Inc. | L3Harris Technologies, Inc. | 9205 | 3155934 |
| Lockheed Martin Corp. | Lockheed Martin Corp. | 7282 | 4618390 |
| Northrop Grumman Corp. <sup>(a)(b)</sup> | Northrop Grumman Corp. <sup>(a)(b)</sup> | 25039 | 17333498 |
| Packaging Corp. of America | Packaging Corp. of America | 19690 | 4382010 |
| Parker-Hannifin Corp. | Parker-Hannifin Corp. | 4801 | 4492968 |
| RTX Corp. <sup>(b)</sup> | RTX Corp. <sup>(b)</sup> | 54249 | 10900252 |
|  |  |  | 185667998 |
| **Technology - 31.0% <sup>(d)</sup>** | **Technology - 31.0% <sup>(d)</sup>** | **Technology - 31.0% <sup>(d)</sup>** |  |
| Accenture PLC - Class A | Accenture PLC - Class A | 22377 | 5899472 |
| Advanced Micro Devices, Inc. <sup>(b)(c)</sup> | Advanced Micro Devices, Inc. <sup>(b)(c)</sup> | 65464 | 15497293 |
| Analog Devices, Inc. <sup>(a)(b)</sup> | Analog Devices, Inc. <sup>(a)(b)</sup> | 35004 | 10882044 |
| Apple, Inc. <sup>(a)(b)</sup> | Apple, Inc. <sup>(a)(b)</sup> | 539495 | 139988163 |
| Applied Materials, Inc. <sup>(b)</sup> | Applied Materials, Inc. <sup>(b)</sup> | 28220 | 9095870 |
| Broadcom, Inc. <sup>(a)(b)</sup> | Broadcom, Inc. <sup>(a)(b)</sup> | 178033 | 58982333 |
| Broadridge Financial Solutions, Inc. <sup>(a)</sup> | Broadridge Financial Solutions, Inc. <sup>(a)</sup> | 37476 | 7386894 |
| Cadence Design Systems, Inc. <sup>(c)</sup> | Cadence Design Systems, Inc. <sup>(c)</sup> | 10575 | 3134007 |
| Crowdstrike Holdings, Inc. - Class A <sup>(a)(b)(c)</sup> | Crowdstrike Holdings, Inc. - Class A <sup>(a)(b)(c)</sup> | 28551 | 12602554 |
| Intel Corp. <sup>(b)(c)</sup> | Intel Corp. <sup>(b)(c)</sup> | 78691 | 3656771 |
| International Business Machines Corp. <sup>(a)(b)</sup> | International Business Machines Corp. <sup>(a)(b)</sup> | 37652 | 11547868 |
| Intuit, Inc. <sup>(a)</sup> | Intuit, Inc. <sup>(a)</sup> | 22568 | 11259627 |
| KLA Corp. <sup>(b)</sup> | KLA Corp. <sup>(b)</sup> | 4915 | 7018325 |
| Lam Research Corp. <sup>(b)</sup> | Lam Research Corp. <sup>(b)</sup> | 116105 | 27105873 |
| Micron Technology, Inc. <sup>(b)</sup> | Micron Technology, Inc. <sup>(b)</sup> | 42418 | 17598380 |
| Microsoft Corp. <sup>(a)(b)</sup> | Microsoft Corp. <sup>(a)(b)</sup> | 271402 | 116781567 |
| NVIDIA Corp. <sup>(a)(b)</sup> | NVIDIA Corp. <sup>(a)(b)</sup> | 886717 | 169478220 |
| Oracle Corp. <sup>(a)(b)</sup> | Oracle Corp. <sup>(a)(b)</sup> | 66422 | 10931733 |
| Palantir Technologies, Inc. - Class A <sup>(c)</sup> | Palantir Technologies, Inc. - Class A <sup>(c)</sup> | 82684 | 12120648 |
| QUALCOMM, Inc. <sup>(a)</sup> | QUALCOMM, Inc. <sup>(a)</sup> | 44829 | 6795628 |
| Sandisk Corp. <sup>(b)(c)</sup> | Sandisk Corp. <sup>(b)(c)</sup> | 5078 | 2926197 |
| Seagate Technology Holdings PLC | Seagate Technology Holdings PLC | 8281 | 3376081 |
| ServiceNow, Inc. <sup>(a)(c)</sup> | ServiceNow, Inc. <sup>(a)(c)</sup> | 102900 | 12040329 |
| Synopsys, Inc. <sup>(c)</sup> | Synopsys, Inc. <sup>(c)</sup> | 7123 | 3313014 |
| Texas Instruments, Inc. | Texas Instruments, Inc. | 38599 | 8320014 |
| Western Digital Corp. | Western Digital Corp. | 13248 | 3315047 |
|  |  |  | 691053952 |
| **Utilities - 2.3%** | **Utilities - 2.3%** | **Utilities - 2.3%** |  |
| Duke Energy Corp. <sup>(a)</sup> | Duke Energy Corp. <sup>(a)</sup> | 138140 | 16763289 |
| NextEra Energy, Inc. <sup>(a)(b)</sup> | NextEra Energy, Inc. <sup>(a)(b)</sup> | 112578 | 9895606 |
| Southern Co. <sup>(a)</sup> | Southern Co. <sup>(a)</sup> | 266034 | 23759497 |
|  |  |  | 50418392 |
| **TOTAL COMMON STOCKS** (Cost $1,597,015,429) | **TOTAL COMMON STOCKS** (Cost $1,597,015,429) | **TOTAL COMMON STOCKS** (Cost $1,597,015,429) | 2211255162 |
| **PURCHASED OPTIONS - 0.9% <sup>(c)(e)(f)</sup>** | **Notional Amount** | **Contracts** | **Value**  |
| **Call Options - 0.1%** | **Call Options - 0.1%** |  |  |
|  Amazon.com, Inc., Expiration: 02/06/2026; Exercise Price: $270.00 <sup>(b)</sup> | $19144000 | 800 | 79600 |
|  CBOE Volatility Index, Expiration: 02/18/2026; Exercise Price: $25.00 <sup>(b)</sup> | 39588800 | 22700 | 2088400 |
| **Total Call Options** |  |  | 2168000 |
| **Put Options - 0.8%** | **Put Options - 0.8%** |  |  |
|  S&P 500 Index, Expiration: 03/20/2026; Exercise Price: $6,600.00 <sup>(b)</sup> | 2289879900 | 3300 | 19668000 |
| **TOTAL PURCHASED OPTIONS** (Cost $23,689,312) | **TOTAL PURCHASED OPTIONS** (Cost $23,689,312) | **TOTAL PURCHASED OPTIONS** (Cost $23,689,312) | 21836000 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **MONEY MARKET FUNDS - 1.1%** | **MONEY MARKET FUNDS - 1.1%** | **Shares** | **Value**  |
| First American Treasury Obligations Fund - Class X, 3.60% <sup>(g)</sup> | First American Treasury Obligations Fund - Class X, 3.60% <sup>(g)</sup> | 24062827 | 24062827 |
| **TOTAL MONEY MARKET FUNDS** (Cost $24,062,827) | **TOTAL MONEY MARKET FUNDS** (Cost $24,062,827) | **TOTAL MONEY MARKET FUNDS** (Cost $24,062,827) | 24062827 |
| **TOTAL INVESTMENTS - 101.3% (**Cost $1,644,767,568**)** | **TOTAL INVESTMENTS - 101.3% (**Cost $1,644,767,568**)** | **TOTAL INVESTMENTS - 101.3% (**Cost $1,644,767,568**)** | 2257153989 |
| Liabilities in Excess of Other Assets - (1.3)% | Liabilities in Excess of Other Assets - (1.3)% | Liabilities in Excess of Other Assets - (1.3)% | (29952684) |
| **TOTAL NET ASSETS - 100.0%** |  |  | $2227201305 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

(a) All or a portion of the security has been pledged as collateral for written options. The fair value of assets committed as collateral
 as of January 31, 2026 was $1,556,158,670.

(b) Held in connection with written option contracts. See Schedule of Written Options for further information.

(c) Non-income producing security.

(d) To the extent that the Fund invests more heavily in particular industries or sectors of the economy, its performance will be
 especially sensitive to developments that significantly affect those industries or sectors.

(e) Exchange-traded.

(f) 100 shares per contract.

(g) The rate shown represents the 7-day annualized yield as of January 31, 2026.

---

| | | | |
|:---|:---|:---|:---|
| **Aptus Collared Investment Opportunity ETF** | **Aptus Collared Investment Opportunity ETF** | **Aptus Collared Investment Opportunity ETF** | **Aptus Collared Investment Opportunity ETF** |
| **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** |
| **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** |
| **WRITTEN OPTIONS - (1.8)% <sup>(a)(b)</sup>** | **Notional Amount** | **Contracts** | **Value** |
| **Call Options - (1.7)%** | **Call Options - (1.7)%** | **Call Options - (1.7)%** | **Call Options - (1.7)%** |
| Advanced Micro Devices, Inc., Expiration: 03/20/2026; Exercise Price: $300.00 | $(3550950) | (150) | $(63375) |
| Alphabet, Inc. – Class C |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $370.00 | (18957680) | (560) | (1058400) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $410.00 | (23697100) | (700) | (614250) |
| Altria Group, Inc., Expiration: 06/18/2026; Exercise Price: $65.00 | (3719400) | (600) | (88800) |
| Amazon.com, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 02/06/2026; Exercise Price: $280.00 | (38288000) | (1600) | (60000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $255.00 | (3828800) | (160) | (254800) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $290.00 | (9572000) | (400) | (253000) |
| American Express Co., Expiration: 03/20/2026; Exercise Price: $410.00 | (3521700) | (100) | (10200) |
| Amgen, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 02/20/2026; Exercise Price: $365.00 | (2564100) | (75) | (13913) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $360.00 | (2564100) | (75) | (42750) |
| Amphenol Corp. – Class A, Expiration: 06/18/2026; Exercise Price: $180.00 | (4322400) | (300) | (135000) |
| Analog Devices, Inc., Expiration: 06/18/2026; Exercise Price: $330.00 | (10880800) | (350) | (675500) |
| Apple, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $280.00 | (12974000) | (500) | (120750) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $270.00 | (5189600) | (200) | (268500) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $280.00 | (12974000) | (500) | (460000) |
| Applied Materials, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 02/20/2026; Exercise Price: $400.00 | (3223200) | (100) | (15000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $430.00 | (3223200) | (100) | (27500) |
| Archer-Daniels-Midland Co., Expiration: 03/20/2026; Exercise Price: $75.00 | (2019300) | (300) | (15750) |
| Blackrock, Inc., Expiration: 06/18/2026; Exercise Price: $1,240.00 | (11189400) | (100) | (241000) |
| Boeing Co., Expiration: 04/17/2026; Exercise Price: $290.00 | (3155220) | (135) | (14512) |
| Broadcom, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 02/20/2026; Exercise Price: $400.00 | (16565000) | (500) | (36750) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $350.00 | (1325200) | (40) | (140600) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $450.00 | (6626000) | (200) | (211000) |
| Capital One Financial Corp., Expiration: 03/20/2026; Exercise Price: $250.00 | (1641975) | (75) | (11625) |
| Caterpillar, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 02/20/2026; Exercise Price: $750.00 | (7822584) | (119) | (13150) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $400.00 | (32868000) | (500) | (13222500) |
| CBOE Volatility Index, Expiration: 02/18/2026; Exercise Price: $50.00 | (39588800) | (22700) | (578850) |
| Chubb Ltd., Expiration: 03/20/2026; Exercise Price: $330.00 | (1547800) | (50) | (10250) |
| Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 02/20/2026; Exercise Price: $125.00 | (5322660) | (460) | (21160) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $130.00 | (5206950) | (450) | (41850) |
| Costco Wholesale Corp., Expiration: 02/27/2026; Exercise Price: $1,050.00 | (9402500) | (100) | (8650) |
| Crowdstrike Holdings, Inc. – Class A, Expiration: 02/27/2026; Exercise Price: $500.00 | (6179670) | (140) | (47950) |
| CSX Corp., Expiration: 03/20/2026; Exercise Price: $40.00 | (3776000) | (1000) | (35000) |
| Deere & Co., Expiration: 02/20/2026; Exercise Price: $570.00 | (5280000) | (100) | (39750) |
| Eaton Corp. PLC, Expiration: 03/20/2026; Exercise Price: $400.00 | (5271300) | (150) | (45750) |
| Eli Lilly & Co., Expiration: 03/20/2026; Exercise Price: $1,200.00 | (15557250) | (150) | (202875) |
| Exxon Mobil Corp., Expiration: 02/20/2026; Exercise Price: $140.00 | (10605000) | (750) | (290625) |
| GE Vernova, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $880.00 | (3268665) | (45) | (38250) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 04/17/2026; Exercise Price: $950.00 | (3268665) | (45) | (41850) |
| General Electric Co., Expiration: 03/20/2026; Exercise Price: $320.00 | (7669750) | (250) | (197500) |
| Goldman Sachs Group, Inc., Expiration: 03/20/2026; Exercise Price: $1,050.00 | (4677050) | (50) | (26500) |
| Honeywell International, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $230.00 | (3412800) | (150) | (93750) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $240.00 | (2275200) | (100) | (29500) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 04/17/2026; Exercise Price: $250.00 | (2275200) | (100) | (22250) |
| Intel Corp., Expiration: 03/20/2026; Exercise Price: $60.00 | (1161750) | (250) | (22375) |
| International Business Machines Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $350.00 | (5367250) | (175) | (28875) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $350.00 | (3833750) | (125) | (104063) |
| Intuitive Surgical, Inc., Expiration: 03/20/2026; Exercise Price: $605.00 | (6554860) | (130) | (40300) |
| Johnson & Johnson, Expiration: 06/18/2026; Exercise Price: $170.00 | (11362500) | (500) | (2962500) |
| JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $330.00 | (4588350) | (150) | (37350) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 04/17/2026; Exercise Price: $340.00 | (9176700) | (300) | (87750) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $340.00 | (4588350) | (150) | (97125) |
| KLA Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $2,050.00 | (3569850) | (25) | (9687) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 04/17/2026; Exercise Price: $1,900.00 | (3427056) | (24) | (45360) |
| Lam Research Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $300.00 | (4669200) | (200) | (72500) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $170.00 | (18676800) | (800) | (5960000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $340.00 | (2334600) | (100) | (88000) |
| Marriott International, Inc. – Class A, Expiration: 04/17/2026; Exercise Price: $350.00 | (9459000) | (300) | (136500) |
| McDonald's Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $330.00 | (4725000) | (150) | (51375) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $335.00 | (6300000) | (200) | (45900) |
| Merck & Co., Inc., Expiration: 02/20/2026; Exercise Price: $120.00 | (5513500) | (500) | (25250) |
| Meta Platforms, Inc. – Class A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 04/17/2026; Exercise Price: $820.00 | (14330000) | (200) | (200500) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $750.00 | (14330000) | (200) | (970500) |
| Micron Technology, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 02/20/2026; Exercise Price: $440.00 | (5808320) | (140) | (245350) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $500.00 | (4148800) | (100) | (473500) |
| Microsoft Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 04/17/2026; Exercise Price: $500.00 | (21514500) | (500) | (158750) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $500.00 | (8605800) | (200) | (183000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $550.00 | (17211600) | (400) | (142000) |
| Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $190.00 | (3656000) | (200) | (193500) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $210.00 | (1828000) | (100) | (35750) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $220.00 | (1828000) | (100) | (21150) |
| Newmont Corp., Expiration: 06/18/2026; Exercise Price: $110.00 | (7639800) | (680) | (1101600) |
| NextEra Energy, Inc., Expiration: 03/20/2026; Exercise Price: $90.00 | (2637000) | (300) | (59550) |
| Northrop Grumman Corp., Expiration: 06/18/2026; Exercise Price: $740.00 | (13845200) | (200) | (579000) |
| NVIDIA Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 02/20/2026; Exercise Price: $210.00 | (17201700) | (900) | (103500) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $210.00 | (6880680) | (360) | (523800) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $220.00 | (17201700) | (900) | (1017000) |
| Oracle Corp., Expiration: 02/20/2026; Exercise Price: $225.00 | (3291600) | (200) | (3600) |
| PepsiCo, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 02/20/2026; Exercise Price: $150.00 | (7681500) | (500) | (307500) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 02/20/2026; Exercise Price: $160.00 | (7681500) | (500) | (74750) |
| PNC Financial Services Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 02/20/2026; Exercise Price: $235.00 | (4466000) | (200) | (18000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $240.00 | (4466000) | (200) | (36500) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 04/17/2026; Exercise Price: $240.00 | (4466000) | (200) | (70000) |
| Procter & Gamble Co., Expiration: 02/20/2026; Exercise Price: $155.00 | (4553100) | (300) | (38850) |
| PulteGroup, Inc., Expiration: 02/20/2026; Exercise Price: $140.00 | (3127250) | (250) | (15000) |
| RTX Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 02/20/2026; Exercise Price: $200.00 | (3013950) | (150) | (82125) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $200.00 | (2009300) | (100) | (82250) |
| Sandisk Corp., Expiration: 02/20/2026; Exercise Price: $840.00 | (1440625) | (25) | (17375) |
| Tesla, Inc., Expiration: 06/18/2026; Exercise Price: $600.00 | (6886560) | (160) | (187200) |
| Thermo Fisher Scientific, Inc., Expiration: 06/18/2026; Exercise Price: $650.00 | (5786100) | (100) | (144000) |
| TJX Cos., Inc., Expiration: 03/20/2026; Exercise Price: $165.00 | (4494300) | (300) | (26400) |
| Uber Technologies, Inc., Expiration: 04/17/2026; Exercise Price: $100.00 | (3202000) | (400) | (33200) |
| Visa, Inc. – Class A, Expiration: 06/18/2026; Exercise Price: $370.00 | (4827450) | (150) | (55500) |
| Walmart, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $130.00 | (5957000) | (500) | (57000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 03/20/2026; Exercise Price: $135.00 | (5957000) | (500) | (25000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 06/18/2026; Exercise Price: $130.00 | (2978500) | (250) | (100000) |
| **Total Call Options** |  |  | (37038545) |
| **Put Options - (0.1)%** | **Put Options - (0.1)%** | **Put Options - (0.1)%** | **Put Options - (0.1)%** |
| S&P 500 Index, Expiration: 03/20/2026; Exercise Price: $5,500.00 | (2289879900) | (3300) | (2755500) |
| **TOTAL WRITTEN OPTIONS** (Premiums received $36,584,721) |  |  | $(39794045) |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |

---

(a) Exchange-traded.

(b) 100 shares per contract.

------

#### Summary of Fair Value Disclosure as of January 31, 2026 (Unaudited)
Aptus Collared Investment Opportunity 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 January 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $2211255162 | $– | $– | $2211255162 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – | &nbsp;&nbsp;&nbsp; 21836000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – | &nbsp;&nbsp;&nbsp; 21836000 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp; 24062827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – | &nbsp;&nbsp;&nbsp; 24062827 |
| Total Investments | $2235317989 | $21836000 | $– | $2257153989 |
| **Liabilities:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | $– | $(39794045) | $– | $(39794045) |
| Total Investments | $– | $(39794045) | $– | $(39794045) |
| Refer to the Schedule of Investments and Schedule of Written Options for further disaggregation of investment categories. | Refer to the Schedule of Investments and Schedule of Written Options for further disaggregation of investment categories. | Refer to the Schedule of Investments and Schedule of Written Options for further disaggregation of investment categories. | Refer to the Schedule of Investments and Schedule of Written Options for further disaggregation of investment categories. | Refer to the Schedule of Investments and Schedule of Written Options for further disaggregation of investment categories. |

---

## 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:** Aptus Collared Investment Opportunity ETF

- **b. EDGAR series identifier (if any):** S000065985

- **c. LEI of Series:** 549300IQORRO47RTKY62

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2026-01-31

**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:** $2268260013.53

**Total Liabilities:** $41049398.45

**Net Assets:** $2227210615.08

**Cash Not Reported:** $9768726.01

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000213139 | 0.20%                | -0.81%               | 0.39%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3461264.78             | $8956938.39                                |
| Month 2  | $-613440.64              | $-9767383.96                               |
| Month 3  | $41072385.51             | $-6799696.82                               |

**Designated Index Information**

- **Index Name:** S&P 500 Total Return Index

- **Index Identifier:** SPTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PNC Financial Services Group I | PNC Financial Services Group Inc/The     | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     99800 | NS      | $22285340.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The        | Procter & Gamble Co/The                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     87900 | NS      | $13340583.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The           | Progressive Corp/The                     | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     96700 | NS      | $20113600.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                   | Prologis Inc                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     36008 | NS      | $4701204.48   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc            | Elevance Health Inc                      | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      8136 | NS      | $2812940.64   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                     | Deere & Co                               | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     28993 | NS      | $15308304.00  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp              | Devon Energy Corp                        | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |    328059 | NS      | $13191252.39  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc         | Diamondback Energy Inc                   | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     64971 | NS      | $10651995.45  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc       | Digital Realty Trust Inc                 | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     77676 | NS      | $12890332.20  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp               | Duke Energy Corp                         | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |    138140 | NS      | $16763289.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly & Co                           | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     30167 | NS      | $31287704.05  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                 | Eaton Corp PLC                           | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |     30213 | NS      | $10617452.46  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories            | Abbott Laboratories                      | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    111137 | NS      | $12147274.10  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc         | Intuitive Surgical Inc                   | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     39333 | NS      | $19832485.26  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                      | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    123874 | NS      | $37891817.86  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                       | KLA Corp                                 | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      4915 | NS      | $7018325.10   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc      | L3Harris Technologies Inc                | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      9205 | NS      | $3155934.25   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Analog Devices Inc                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -350 | NC      | $-675500.00   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Amgen Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -75 | NC      | $-42750.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Amphenol Corp                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -300 | NC      | $-135000.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Johnson Controls International | Johnson Controls International plc       | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | US        |     25702 | NS      | $3065220.52   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Meta Platforms Inc                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-200500.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Meta Platforms Inc                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-970500.00   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Merck & Co Inc                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -500 | NC      | $-25250.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Microsoft Corp                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -500 | NC      | $-158750.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Microsoft Corp                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-183000.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Microsoft Corp                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -400 | NC      | $-142000.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Micron Technology Inc                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -140 | NC      | $-245350.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Micron Technology Inc                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-473500.00   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| AbbVie Inc                     | AbbVie Inc                               | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     77750 | NS      | $17339027.50  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc               | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     65464 | NS      | $15497292.72  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                             | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    381879 | NS      | $129277497.87 | 5.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc               | Altria Group Inc                         | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    223803 | NS      | $13873547.97  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    364065 | NS      | $87120754.50  | 3.91%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co            | American Express Co                      | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     33458 | NS      | $11782903.86  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                      | Amgen Inc                                | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     24894 | NS      | $8510760.72   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                            | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     72385 | NS      | $10429230.80  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc             | Analog Devices Inc                       | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     35004 | NS      | $10882043.52  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    539495 | NS      | $139988162.60 | 6.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc          | Applied Materials Inc                    | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     28220 | NS      | $9095870.40   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The             | Walt Disney Co/The                       | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     68649 | NS      | $7743607.20   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                              | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    238111 | NS      | $19879887.39  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp                             | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    136384 | NS      | $15322742.40  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc             | NextEra Energy Inc                       | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    112578 | NS      | $9895606.20   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                       | NIKE Inc                                 | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     42423 | NS      | $2622165.63   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp          | Northrop Grumman Corp                    | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     25039 | NS      | $17333498.14  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    886717 | NS      | $169478220.21 | 7.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                              | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     66422 | NS      | $10931732.76  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America      | Packaging Corp of America                | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     19690 | NS      | $4382009.50   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     82684 | NS      | $12120647.56  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc         | Palo Alto Networks Inc                   | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     25015 | NS      | $4426904.55   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp           | Parker-Hannifin Corp                     | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      4801 | NS      | $4492967.84   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                    | PepsiCo Inc                              | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    147030 | NS      | $22588218.90  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                     | Pfizer Inc                               | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    206113 | NS      | $5449627.72   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                 | Public Storage                           | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |     29028 | NS      | $8017243.32   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                 | PulteGroup Inc                           | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108329 | NS      | $13550874.61  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                             | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     44829 | NS      | $6795628.11   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc            | Quanta Services Inc                      | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      6466 | NS      | $3068957.58   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                       | RTX Corp                                 | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     54249 | NS      | $10900251.57  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                 | S&P Global Inc                           | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     11653 | NS      | $6150336.87   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandisk Corp/DE                | Sandisk Corp/DE                          | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5078 | NS      | $2926197.50   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                        | SLB Ltd                                  | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |    117952 | NS      | $5706517.76   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                 | ServiceNow Inc                           | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    102900 | NS      | $12040329.00  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The        | Sherwin-Williams Co/The                  | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     12921 | NS      | $4582303.44   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                | Southern Co/The                          | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |    266034 | NS      | $23759496.54  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                 | Starbucks Corp                           | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     39843 | NS      | $3663563.85   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                   | Stryker Corp                             | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |     33552 | NS      | $12399477.12  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                   | Synopsys Inc                             | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      7123 | NS      | $3313014.15   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                          | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    127591 | NS      | $19114407.71  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc                                | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    106296 | NS      | $45750861.36  | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc          | Texas Instruments Inc                    | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     38599 | NS      | $8320014.45   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc   | Thermo Fisher Scientific Inc             | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     31120 | NS      | $18006343.20  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc     | Vertex Pharmaceuticals Inc               | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      9151 | NS      | $4300054.90   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    120121 | NS      | $38658541.43  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                              | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    253592 | NS      | $30212950.88  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                  | Welltower Inc                            | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     39803 | NS      | $7497293.08   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp           | Western Digital Corp                     | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |     13248 | NS      | $3315047.04   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                        | Aon PLC                                  | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | GB        |     12974 | NS      | $4536229.36   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                  | Accenture PLC                            | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |     22377 | NS      | $5899472.28   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PL | Seagate Technology Holdings PLC          | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | US        |      8281 | NS      | $3376080.89   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Procter & Gamble Co/The                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -300 | NC      | $-38850.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PulteGroup Inc                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -250 | NC      | $-15000.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | RTX Corp                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -150 | NC      | $-82125.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Walmart Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -500 | NC      | $-25000.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Walmart Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -250 | NC      | $-100000.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Johnson & Johnson              | Johnson & Johnson                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     91174 | NS      | $20719291.50  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Amgen Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -75 | NC      | $-13912.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Amazon.com Inc                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       800 | NC      | $79600.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Amazon.com Inc                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1600 | NC      | $-60000.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Amazon.com Inc                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -160 | NC      | $-254800.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Amazon.com Inc                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -400 | NC      | $-253000.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | American Express Co                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-10200.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Alphabet Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -700 | NC      | $-614250.00   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Altria Group Inc                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -600 | NC      | $-88800.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AppLovin Corp                  | AppLovin Corp                            | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     10369 | NS      | $4905677.59   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co      | Archer-Daniels-Midland Co                | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     67372 | NS      | $4534809.32   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                      | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     43635 | NS      | $6184824.90   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                       | CSX Corp                                 | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    480795 | NS      | $18154819.20  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                | CVS Health Corp                          | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     44529 | NS      | $3318301.08   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc       | Crowdstrike Holdings Inc                 | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     28551 | NS      | $12602554.16  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                   | Danaher Corp                             | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     23777 | NS      | $5204547.53   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                    | Equinix Inc                              | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      8806 | NS      | $7229109.58   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp                         | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    286456 | NS      | $40504878.40  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                     | FedEx Corp                               | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     11469 | NS      | $3695885.25   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co        | Arthur J Gallagher & Co                  | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     17437 | NS      | $4348264.69   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                | T-Mobile US Inc                          | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     57427 | NS      | $11325178.67  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc          | Uber Technologies Inc                    | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     87637 | NS      | $7015341.85   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     36975 | NS      | $10609236.75  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc               | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    158767 | NS      | $7068306.84   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Deere & Co                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-39750.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Eaton Corp PLC                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -150 | NC      | $-45750.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Eli Lilly & Co                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -150 | NC      | $-202875.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Morgan Stanley                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-193500.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Morgan Stanley                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-35750.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Morgan Stanley                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-21150.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NextEra Energy Inc                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -300 | NC      | $-59550.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Newmont Corp                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -450 | NC      | $-36000.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Newmont Corp                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-6650.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Newmont Corp                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -650 | NC      | $-1053000.00  | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Northrop Grumman Corp                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-579000.00   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NVIDIA Corp                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -900 | NC      | $-103500.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NVIDIA Corp                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -360 | NC      | $-523800.00   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NVIDIA Corp                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -900 | NC      | $-1017000.00  | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Oracle Corp                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-3600.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PepsiCo Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -500 | NC      | $-307500.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PepsiCo Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -500 | NC      | $-74750.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PNC Financial Services Group Inc/The     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-18000.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PNC Financial Services Group Inc/The     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-36500.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PNC Financial Services Group Inc/The     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-70000.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | RTX Corp                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-82250.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SPX US 03/20/26 P5500                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -3300 | NC      | $-2755500.00  | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SPX US 03/20/26 P6600                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      3300 | NC      | $19668000.00  | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | TJX Cos Inc/The                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -300 | NC      | $-26400.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Thermo Fisher Scientific Inc             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-144000.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Tesla Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -160 | NC      | $-187200.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Uber Technologies Inc                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -400 | NC      | $-33200.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Visa Inc                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -150 | NC      | $-55500.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | VIX US 02/18/26 C25                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     22700 | NC      | $2088400.00   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | VIX US 02/18/26 C50                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -22700 | NC      | $-578850.00   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Walmart Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -500 | NC      | $-57000.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     81374 | NS      | $58304471.00  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp              | Lam Research Corp                        | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    116105 | NS      | $27105873.30  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp           | Lockheed Martin Corp                     | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      7282 | NS      | $4618390.04   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                 | Lowe's Cos Inc                           | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     92723 | NS      | $24762604.38  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc       | Marsh & McLennan Cos Inc                 | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     18306 | NS      | $3445006.14   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD  | Marriott International Inc/MD            | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     31027 | NS      | $9782813.10   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                | McDonald's Corp                          | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     62649 | NS      | $19734435.00  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                  | McKesson Corp                            | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      4687 | NS      | $3895881.27   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    110786 | NS      | $12216372.22  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    271402 | NS      | $116781566.58 | 5.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                    | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     42418 | NS      | $17598379.84  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc     | Mondelez International Inc               | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     89322 | NS      | $5222657.34   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                 | Morgan Stanley                           | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     46885 | NS      | $8570578.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc         | Motorola Solutions Inc                   | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     11545 | NS      | $4647324.30   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Apple Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -500 | NC      | $-120750.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Apple Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-268500.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Apple Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -500 | NC      | $-460000.00   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Archer-Daniels-Midland Co                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -300 | NC      | $-15750.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Applied Materials Inc                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-15000.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Applied Materials Inc                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-27500.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Advanced Micro Devices Inc               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -150 | NC      | $-63375.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Broadcom Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -500 | NC      | $-36750.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Broadcom Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -40 | NC      | $-140600.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Broadcom Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-211000.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Boeing Co/The                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -135 | NC      | $-14512.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Blackrock Inc                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-241000.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Capital One Financial Corp               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -75 | NC      | $-11625.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Linde PLC                      | Linde PLC                                | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | US        |     43310 | NS      | $19791370.70  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                  | Medtronic PLC                            | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     51708 | NS      | $5323855.68   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Alphabet Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -560 | NC      | $-1058400.00  | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| AT&T Inc                       | AT&T Inc                                 | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    274594 | NS      | $7197108.74   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc         | Berkshire Hathaway Inc                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     69638 | NS      | $33463148.14  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                  | Blackrock Inc                            | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     24510 | NS      | $27425219.40  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                  | Boeing Co/The                            | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     27313 | NS      | $6383594.36   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc           | Booking Holdings Inc                     | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1157 | NS      | $5787128.88   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co        | Bristol-Myers Squibb Co                  | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     74414 | NS      | $4096490.70   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions | Broadridge Financial Solutions Inc       | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     37476 | NS      | $7386894.36   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    178033 | NS      | $58982332.90  | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc     | Cadence Design Systems Inc               | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     10575 | NS      | $3134007.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financial Corp               | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     24737 | NS      | $5415671.41   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                | Caterpillar Inc                          | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     61969 | NS      | $40735941.84  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    140328 | NS      | $10990488.96  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                    | Cintas Corp                              | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89664 | NS      | $17160792.96  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                  | Citigroup Inc                            | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    169895 | NS      | $19658550.45  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc            | Coinbase Global Inc                      | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |     19917 | NS      | $3878636.58   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co           | Colgate-Palmolive Co                     | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     50695 | NS      | $4577251.55   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                    | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     17488 | NS      | $16443092.00  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |  24004894 | NS      | $24004893.93  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                 | GE Vernova Inc                           | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      9981 | NS      | $7249898.97   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co            | General Electric Co                      | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     53331 | NS      | $16361417.49  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc            | Gilead Sciences Inc                      | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     50235 | NS      | $7130858.25   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The    | Goldman Sachs Group Inc/The              | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     10975 | NS      | $10266124.75  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc             | HCA Healthcare Inc                       | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      6145 | NS      | $3000419.15   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc    | Honeywell International Inc              | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     38604 | NS      | $8783182.08   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                     | Intel Corp                               | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     78691 | NS      | $3656770.77   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc  | Intercontinental Exchange Inc            | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     91970 | NS      | $15982546.60  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                            | International Business Machines Corp     | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     37652 | NS      | $11547868.40  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                               | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     22568 | NS      | $11259626.56  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     60812 | NS      | $6319583.04   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Citigroup Inc                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -460 | NC      | $-21160.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Citigroup Inc                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -340 | NC      | $-31620.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Caterpillar Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -119 | NC      | $-13149.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Caterpillar Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -500 | NC      | $-13222500.00 | -0.59%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Chubb Ltd                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -50 | NC      | $-10250.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Costco Wholesale Corp                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-8650.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Crowdstrike Holdings Inc                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -140 | NC      | $-47950.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CSX Corp                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1000 | NC      | $-35000.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | General Electric Co                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -250 | NC      | $-197500.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Goldman Sachs Group Inc/The              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -50 | NC      | $-26500.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chubb Ltd                      | Chubb Ltd                                | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |     14073 | NS      | $4356437.88   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Honeywell International Inc              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -150 | NC      | $-93750.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Honeywell International Inc              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-29500.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Honeywell International Inc              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-22250.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | International Business Machines Corp     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -175 | NC      | $-28875.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | International Business Machines Corp     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -125 | NC      | $-104062.50   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Intuitive Surgical Inc                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -130 | NC      | $-40300.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Johnson & Johnson                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -500 | NC      | $-2962500.00  | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | JPMorgan Chase & Co                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -150 | NC      | $-37350.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | JPMorgan Chase & Co                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -300 | NC      | $-87750.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | JPMorgan Chase & Co                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -150 | NC      | $-97125.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | KLA Corp                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-9687.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Lowe's Cos Inc                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -300 | NC      | $-6450.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Lam Research Corp                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -800 | NC      | $-5960000.00  | -0.27%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Lam Research Corp                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-88000.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Marriott International Inc/MD            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -300 | NC      | $-136500.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | McDonald's Corp                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -150 | NC      | $-51375.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | McDonald's Corp                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-45900.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Exxon Mobil Corp                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -750 | NC      | $-290625.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-25

**Name of Applicant:** ETF Series Solutions

**Signature:** /s/ Kristen Weitzel

**Name of Signer:** ETF Series Solutions

**Title:** Treasurer