# EDGAR Filing Document

**Accession Number:** 0001495922
**File Stem:** 0001049169-26-001475
**Filing Date:** 2026-5
**Character Count:** 18294
**Document Hash:** 8be84bf9e4d46c9c9e341a0ac6f7f3a3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-26-001475.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0001049169-26-001475

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EntrepreneurShares Series Trust
- **CENTRAL INDEX KEY:** 0001495922

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22436
- **FILM NUMBER:** 261041661

**BUSINESS ADDRESS:**
- **STREET 1:** C/O WESTON CAPITAL ADVISORS, LLC
- **STREET 2:** 470 ATLANTIC AVENUE, SUITE 400
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 781-239-4446

**MAIL ADDRESS:**
- **STREET 1:** C/O WESTON CAPITAL ADVISORS, LLC
- **STREET 2:** 470 ATLANTIC AVENUE, SUITE 400
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### ERShares Private-Public Crossover ETF (Series ID: S000059420)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000194842 | ERShares Private-Public Crossover ETF | XOVR            |

## Nport-Ex

**ERShares Private-Public Crossover ETF**

**Consolidated Schedule of Investments**

3/31/2026

---

| | | |
|:---|:---|:---|
| **COMMON STOCK (99.30%)** | **Shares** | **Value** |
| **Communications (18.05%)** | | |
| &nbsp;&nbsp;&nbsp;Alphabet, Inc. | 31379 | $9023345 |
| &nbsp;&nbsp;&nbsp;AppLovin Corp.<sup>(a)</sup> | 20445 | 8137110 |
| &nbsp;&nbsp;&nbsp;Arista Networks, Inc.<sup>(a)</sup> | 101192 | 12424354 |
| &nbsp;&nbsp;&nbsp;DoorDash, Inc.<sup>(a)</sup> | 53120 | 7975968 |
| &nbsp;&nbsp;&nbsp;Meta Platforms, Inc. | 27988 | 16012775 |
| &nbsp;&nbsp;&nbsp;Reddit, Inc.<sup>(a)</sup> | 41206 | 5548388 |
| &nbsp;&nbsp;&nbsp;Roku, Inc.<sup>(a)</sup> | 56514 | 5347355 |
| &nbsp;&nbsp;&nbsp;Trade Desk, Inc.<sup>(a)</sup> | 224999 | 5105227 |
| &nbsp;&nbsp;&nbsp;Ubiquiti, Inc. | 16925 | 13375658 |
| **Total Communications** |  | 82950180 |
| **Consumer, Cyclical (1.93%)** |  |  |
| &nbsp;&nbsp;&nbsp;Tesla, Inc.<sup>(a)</sup> | 23903 | 8885940 |
| **Consumer, Non-cyclical (10.71%)** |  |  |
| &nbsp;&nbsp;&nbsp;Affirm Holdings, Inc.<sup>(a)</sup> | 109917 | 5036397 |
| &nbsp;&nbsp;&nbsp;Exelixis, Inc.<sup>(a)</sup> | 171479 | 7354734 |
| &nbsp;&nbsp;&nbsp;Globus Medical, Inc.<sup>(a)</sup> | 83678 | 7209696 |
| &nbsp;&nbsp;&nbsp;Medpace Holdings, Inc.<sup>(a)</sup> | 14130 | 6785085 |
| &nbsp;&nbsp;&nbsp;Natera, Inc.<sup>(a)</sup> | 40033 | 8006200 |
| &nbsp;&nbsp;&nbsp;ResMed, Inc. | 38046 | 8540566 |
| &nbsp;&nbsp;&nbsp;Toast, Inc.<sup>(a)</sup> | 238280 | 6316803 |
| **Total Consumer, Non-cyclical** |  | 49249481 |
| **Financial (5.24%)** |  |  |
| &nbsp;&nbsp;&nbsp;Coinbase Global, Inc.<sup>(a)</sup> | 30073 | 5251046 |
| &nbsp;&nbsp;&nbsp;Interactive Brokers Group, Inc. | 166843 | 11190160 |
| &nbsp;&nbsp;&nbsp;Robinhood Markets, Inc.<sup>(a)</sup> | 99412 | 6889252 |
| &nbsp;&nbsp;&nbsp;SPV EXPOSURE TO KLARNA<sup>(a)(b)</sup> | 57579 | 753709 |
| **Total Financial** |  | 24084167 |
| **Industrial (48.44%)** |  |  |
| &nbsp;&nbsp;&nbsp;Anduril Holdings SPV LP<sup>(a)(b)(c)(d)</sup> | 3000000 | 3000000 |
| &nbsp;&nbsp;&nbsp;Axon Enterprise, Inc.<sup>(a)</sup> | 16049 | 6815850 |
| &nbsp;&nbsp;&nbsp;ROCKET LAB USA INC REGISTERED SHS - A-<sup>(a)</sup> | 118539 | 7612574 |
| &nbsp;&nbsp;&nbsp;SPV Exposure to SpaceX, LLC<sup>(a)(b)(c)(d)(e)</sup> | 205240465 | 205240465 |
| **Total Industrial** |  | 222668889 |
| **Technology (14.93%)** |  |  |
| &nbsp;&nbsp;&nbsp;MongoDB, Inc.<sup>(a)</sup> | 22881 | 5600582 |
| &nbsp;&nbsp;&nbsp;NVIDIA Corp. | 111190 | 19391536 |
| &nbsp;&nbsp;&nbsp;Oracle Corp. | 54178 | 7970126 |
| &nbsp;&nbsp;&nbsp;Palantir Technologies, Inc.<sup>(a)</sup> | 83203 | 12170935 |
| &nbsp;&nbsp;&nbsp;Pegasystems, Inc. | 125843 | 5355878 |
| &nbsp;&nbsp;&nbsp;UiPath, Inc.<sup>(a)</sup> | 434882 | 4827190 |
| &nbsp;&nbsp;&nbsp;Veeva Systems, Inc.<sup>(a)</sup> | 40574 | 7127229 |
| &nbsp;&nbsp;&nbsp;Zscaler, Inc.<sup>(a)</sup> | 44102 | 6187070 |
| **Total Technology** |  | 68630546 |
| **TOTAL COMMON STOCK** |  |  |
| **(Cost $459,445,658)** |  | **456469203** |
| **TOTAL INVESTMENTS (99.30%)** |  |  |
| **(Cost $459,445,658)** |  | 456469203 |
| **Other Assets In Excess Of Liabilities (0.70%)** |  | 3234172 |
| **NET ASSETS (100.00%)** |  | $**459703375** |

---

---

| | |
|:---|:---|
| *(a)* | *Non-income producing security.* |
| *(b)* | *Illiquid security.* |
| *(c)* | *Level 3 securities fair valued using significant unobservable inputs.* |
| *(d)* | *Restricted investments as to resale.* |
| *(e)* | *Delaware limited partnership holding investments in underlying SPVs holding investments in Space Exploration Technology, Corp.*<br>|
| *SPV-* | *Special Purpose Vehicle* |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities at Fair Value** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Common Stock | $247475029 | $– | $208994174 | $456469203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total | $247475029 | $– | $208994174 | $456469203 |
| **Derivative Instruments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total | $– | $– | $– | $– |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EntrepreneurShares Series Trust

- **b. Investment Company Act file number:** 811-22436

- **c. CIK number of Registrant:** 0001495922

- **d. LEI of Registrant:** 549300UON6JV1E7QG046

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

  - **Street Address 1:** 175 FEDERAL STREET STE 875

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** (800) 287-9469

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

- **a. Name of Series:** ERShares Private-Public Crossover ETF

- **b. EDGAR series identifier (if any):** S000059420

- **c. LEI of Series:** 5493004Z5W4ALQTA2M10

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $459816454.26

**Total Liabilities:** $113078.90

**Net Assets:** $459703375.36

**Cash Not Reported:** $11263573.76

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000194842 | -7.33%               | -6.03%               | -3.38%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-25207906.38            | $-133277659.15                             |
| Month 2  | $-202903787.11           | $112899429.93                              |
| Month 3  | $-17079541.38            | $-293736.15                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Affirm Holdings Inc           | Affirm Holdings, Inc.                 | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    106389 | NS      | $4874743.98   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                           | Anduril Holdings SPV LP               | CUSIP: N/A<br>LEI: N/A                        | Long             |  |  | US        |   3000000 | NS      | $3000000.00   | 0.65%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Arista Networks Inc           | Arista Networks, Inc.                 | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     97952 | NS      | $12026546.56  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Applovin Corp                 | AppLovin Corp.                        | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     19797 | NS      | $7879206.00   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc           | Axon Enterprise, Inc.                 | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |     15545 | NS      | $6601806.05   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc           | Coinbase Global, Inc.                 | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |     29101 | NS      | $5081325.61   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Doordash Inc                  | DoorDash, Inc.                        | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     51428 | NS      | $7721914.20   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis Inc                  | Exelixis, Inc.                        | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |    166007 | NS      | $7120040.23   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc            | Globus Medical, Inc.                  | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     81014 | NS      | $6980166.24   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                  | Alphabet, Inc.                        | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     30371 | NS      | $8733484.76   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc         | Robinhood Markets, Inc.               | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     96244 | NS      | $6669709.20   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc | Interactive Brokers Group, Inc.       | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |    161515 | NS      | $10832811.05  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                           | SPV EXPOSURE TO KLARNA                | CUSIP: N/A<br>LEI: N/A                        | Long             |  |  | US        |     57579 | NS      | $753709.11    | 0.16%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Mongodb Inc                   | MongoDB, Inc.                         | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |     22161 | NS      | $5424347.97   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc          | Medpace Holdings, Inc.                | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |     13662 | NS      | $6560355.78   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc            | Meta Platforms, Inc.                  | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     27088 | NS      | $15497857.44  | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                    | Natera, Inc.                          | CUSIP: 632307104<br>LEI: 529900CQ3OZ0A0VYVU59 | Long             | EC               | CORP              | US        |     38737 | NS      | $7747012.63   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Nvidia Corp                   | NVIDIA Corp.                          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    107626 | NS      | $18769974.40  | 4.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                   | Oracle Corp.                          | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     52450 | NS      | $7715919.50   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Uipath Inc                    | UiPath, Inc.                          | CUSIP: 90364P105<br>LEI: 5493000YP61KBELDHT53 | Long             | EC               | CORP              | US        |    420986 | NS      | $4672944.60   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems Inc               | Pegasystems, Inc.                     | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |    121811 | NS      | $5184276.16   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc     | Palantir Technologies, Inc.           | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     80539 | NS      | $11781244.92  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                    | Reddit, Inc.                          | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |     39874 | NS      | $5369034.10   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp.              | ROCKET LAB USA INC REGISTERED SHS -A- | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    114759 | NS      | $7369822.98   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Resmed Inc                    | ResMed, Inc.                          | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |     36822 | NS      | $8265802.56   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Roku Inc                      | Roku, Inc.                            | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |     54714 | NS      | $5177038.68   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                           | SPV Exposure to SpaceX, LLC           | CUSIP: N/A<br>LEI: N/A                        | Long             |  |  | US        | 205240465 | NS      | $205240464.90 | 44.65%            |  |  |  | Yes           |                  3 | On Loan: No      |
| Toast Inc                     | Toast, Inc.                           | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |    230648 | NS      | $6114478.48   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                     | Tesla, Inc.                           | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     23147 | NS      | $8604897.25   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/the            | Trade Desk, Inc.                      | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |    217799 | NS      | $4941859.31   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ubiquiti Inc                  | Ubiquiti, Inc.                        | CUSIP: 90353W103<br>LEI: 5299007MITA4DMQCU747 | Long             | EC               | CORP              | US        |     16385 | NS      | $12948901.65  | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc             | Veeva Systems, Inc.                   | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |     39278 | NS      | $6899573.48   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                   | Zscaler, Inc.                         | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |     42698 | NS      | $5990102.42   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** EntrepreneurShares Series Trust

**Signature:** Dr Joel M Shulman

**Name of Signer:** Dr Joel M Shulman

**Title:** President & Treasurer