# EDGAR Filing Document

**Accession Number:** 0001645192
**File Stem:** 0001413042-25-000556
**Filing Date:** 2025-7
**Character Count:** 9771
**Document Hash:** ac5656753c30669983574b641e6e123c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413042-25-000556.hdr.sgml**: 20250718

**ACCESSION NUMBER**: 0001413042-25-000556

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250718

**DATE AS OF CHANGE**: 20250718

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WP Trust
- **CENTRAL INDEX KEY:** 0001645192

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23086
- **FILM NUMBER:** 251132817

**BUSINESS ADDRESS:**
- **STREET 1:** 127 NW 13TH STREET SUITE 13
- **CITY:** BOCA RATON
- **STATE:** FL
- **ZIP:** 33432
- **BUSINESS PHONE:** 800-950-9112

**MAIL ADDRESS:**
- **STREET 1:** 127 NW 13TH STREET SUITE 13
- **CITY:** BOCA RATON
- **STATE:** FL
- **ZIP:** 33432

## Series and Classes Contracts Data

### WP Large Cap Income Plus Fund (Series ID: S000060197)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000197011 | Institutional Class Shares | WPLCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** WP Trust

- **b. Investment Company Act file number:** 811-23086

- **c. CIK number of Registrant:** 0001645192

- **d. LEI of Registrant:** 549300N7GBLBE3X3CK58

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

  - **Street Address 1:** 127 NW 13th Street

  - **City:** Boca Raton

  - **State:** FL

  - **Foreign country:** US

  - **Zip / Postal Code:** 33432

  - **Telephone number:** 619-588-9700

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

- **a. Name of Series:** WP Large Cap Income Plus Fund

- **b. EDGAR series identifier (if any):** S000060197

- **c. LEI of Series:** 549300DQBKNS7VICBS58

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-05-31

**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:** $23056971.48

**Total Liabilities:** $216272.40

**Net Assets:** $22840699.08

**Cash Not Reported:** $41121.65

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000197011 | -5.86%               | -3.34%               | 5.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $59884.03                | $-1433967.25                               |
| Month 2  | $169784.50               | $-854524.56                                |
| Month 3  | $0.00                    | $1086111.00                                |

**Designated Index Information**

- **Index Name:** S&P 500 (TR)

- **Index Identifier:** S&P500TR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Apple Inc.                           | Apple, Inc.                                                          | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     20500 | NS      | $4117425.00   | 18.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corporation          | Bank of America Corporation                                          | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     67500 | NS      | $2978775.00   | 13.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.              | Berkshire Hathaway Inc. Class B                                      | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      2400 | NS      | $1209504.00   | 5.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corporation                  | Chevron Corporation                                                  | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2000 | NS      | $273400.00    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                           | Diageo PLC - ADR                                                     | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |      1800 | NS      | $196236.00    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corporation              | Exxon Mobil Corporation                                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      8600 | NS      | $879780.00    | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Money Market Obligations Trust       | Federated Hermes Money Market Obligations Fund - Institutional Class | CUSIP: 60934N104<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |    119556 | NS      | $119555.88    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ImmunityBio, Inc.                    | ImmunityBio, Inc.                                                    | CUSIP: 45256X103<br>LEI: 529900J9XLBR4HFL4B83 | Long             | EC               | CORP              | US        |    360000 | NS      | $957600.00    | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                 | JPMorgan Chase & Co.                                                 | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     11900 | NS      | $3141600.00   | 13.75%            |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corporation               | McDonald's Corporation                                               | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      1000 | NS      | $313850.00    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation                | Microsoft Corporation                                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      8650 | NS      | $3982114.00   | 17.43%            |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc. | Mitsubishi UFJ Financial Group, Inc. ADR                             | CUSIP: 606822104<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |     80000 | NS      | $1129600.00   | 4.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corporation     | Occidental Petroleum Corporation                                     | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |      7000 | NS      | $285460.00    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.               | Spx Us 03/20/26 P4600                                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -20 | NC      | $-151300.00   | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.               | Spxw Us 06/20/25 P3550                                               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        40 | NC      | $900.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                         | UBS Group AG (Switzerland)                                           | CUSIP: H42097107<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |     25000 | NS      | $797250.00    | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Company                | Wells Fargo & Company                                                | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     34400 | NS      | $2572432.00   | 11.26%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-17

**Name of Applicant:** WP Trust

**Signature:** /s/ James Craft

**Name of Signer:** James Craft

**Title:** Treasurer