# EDGAR Filing Document

**Accession Number:** 0001534881
**File Stem:** 0002071691-26-012308
**Filing Date:** 2026-5
**Character Count:** 55253
**Document Hash:** 64d74a8396b9086b5bfc934d08a2820c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-012308.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0002071691-26-012308

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Aspiriant Trust
- **CENTRAL INDEX KEY:** 0001534881

**ORGANIZATION NAME:**
- **EIN:** 205458457
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22648
- **FILM NUMBER:** 261026937

**BUSINESS ADDRESS:**
- **STREET 1:** 11100 SANTA MONICA BOULEVARD SUITE 600
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025
- **BUSINESS PHONE:** (310) 806-4000

**MAIL ADDRESS:**
- **STREET 1:** 11100 SANTA MONICA BOULEVARD SUITE 600
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Aspiriant Global Equity Trust
- **DATE OF NAME CHANGE:** 20111214

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Advanced Global Equity Trust
- **DATE OF NAME CHANGE:** 20111213

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Advanced Capital Intelligence LLC
- **DATE OF NAME CHANGE:** 20111115

## Series and Classes Contracts Data

### Aspiriant Risk-Managed Equity Allocation Fund (Series ID: S000036290)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000111026 | Advisor Shares | RMEAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-22648

- **c. CIK number of Registrant:** 0001534881

- **d. LEI of Registrant:** 549300G6IDUM5FT86W78

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

  - **Street Address 1:** 11100 Santa Monica Boulevard

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90025

  - **Telephone number:** 310-806-4000

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

- **a. Name of Series:** Aspiriant Risk-Managed Equity Allocation Fund

- **b. EDGAR series identifier (if any):** S000036290

- **c. LEI of Series:** 549300BN0RKQAFERV981

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

- **a. Date of fiscal year-end:** 2026-03-31

- **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:** $1284289392.96

**Total Liabilities:** $549670.70

**Net Assets:** $1283739722.26

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000111026 | 2.15%                | 0.48%                | -5.87%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3405269.90              | $23865012.41                               |
| Month 2  | $1415134.06              | $5705289.58                                |
| Month 3  | $1510481.89              | $-82630550.04                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Mizuho Financial Group, Inc.                                  | Mizuho Financial Group, Inc.                                                  | CUSIP: N/A<br>LEI: 353800CI5L6DDAN5XZ33       | Long             | EC               | CORP              | JP        |     54963 | NS      | $2225109.13   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| Lam Research Corp.                                            | Lam Research Corp.                                                            | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     29424 | NS      | $6286731.84   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares MSCI Global Min Vol Factor ETF                        | iShares MSCI Global Min Vol Factor ETF                                        | CUSIP: 464286525<br>LEI: 549300DZXYYH8TOP8M46 | Long             |  | RF                | US        |    333716 | NS      | $39882399.16  | 3.11%             |  |  |  | No            | 1                  | On Loan: —       |
| Alphabet, Inc.                                                | Alphabet, Inc., Class A                                                       | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     28675 | NS      | $8245783.00   | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Experian plc                                                  | Experian plc                                                                  | CUSIP: N/A<br>LEI: 635400RXXHHYT1JTSZ26       | Long             | EC               | CORP              | JE        |     22530 | NS      | $779414.00    | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| United Therapeutics Corp.                                     | United Therapeutics Corp.                                                     | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |      4300 | NS      | $2549814.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Interactive Brokers Group, Inc.                               | Interactive Brokers Group, Inc., Class A                                      | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     32229 | NS      | $2161599.03   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| HSBC BANK PLC                                                 | Treasury Repurchase Agreement                                                 | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | Long             | RA               | CORP              | GB        |   2000000 | PA      | $2000000.00   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| NVIDIA Corp.                                                  | NVIDIA Corp.                                                                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     51303 | NS      | $8947243.20   | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Amazon.com, Inc.                                              | Amazon.com, Inc.                                                              | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     46553 | NS      | $9695593.31   | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Unilever plc                                                  | Unilever plc                                                                  | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |     48120 | NS      | $2641758.67   | 0.21%             |  |  |  | No            | 2                  | On Loan: No      |
| Jabil, Inc.                                                   | Jabil, Inc.                                                                   | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |     11286 | NS      | $2997900.18   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares MSCI ACWI ETF                                         | iShares MSCI ACWI ETF                                                         | CUSIP: 464288257<br>LEI: 549300KZ2WFTI4GQ7M77 | Long             |  | RF                | US        |    215172 | NS      | $29773349.64  | 2.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Hilton Worldwide Holdings, Inc.                               | Hilton Worldwide Holdings, Inc.                                               | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      8939 | NS      | $2718171.12   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Weichai Power Co. Ltd.                                        | Weichai Power Co. Ltd., Class H                                               | CUSIP: N/A<br>LEI: 529900OKTPKBG85F9502       | Long             | EC               | CORP              | CN        |    364914 | NS      | $1294066.89   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| Northrop Grumman Corp.                                        | Northrop Grumman Corp.                                                        | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      2491 | NS      | $1699459.84   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| KLA Corp.                                                     | KLA Corp.                                                                     | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      1765 | NS      | $2598803.65   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Eli Lilly & Co.                                               | Eli Lilly & Co.                                                               | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      6421 | NS      | $5905843.17   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Alphabet, Inc.                                                | Alphabet, Inc., Class C                                                       | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     24917 | NS      | $7147690.62   | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| Amadeus IT Group SA                                           | Amadeus IT Group SA                                                           | CUSIP: N/A<br>LEI: 9598004A3FTY3TEHHN09       | Long             | EC               | CORP              | ES        |     20826 | NS      | $1190846.71   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Constellation Brands, Inc.                                    | Constellation Brands, Inc., Class A                                           | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     17148 | NS      | $2572200.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Next plc                                                      | Next plc                                                                      | CUSIP: N/A<br>LEI: 213800WQD8ECPZP9PH98       | Long             | EC               | CORP              | GB        |      9805 | NS      | $1656543.65   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| GSK plc                                                       | GSK plc                                                                       | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |     53862 | NS      | $1483654.56   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| CH Robinson Worldwide, Inc.                                   | CH Robinson Worldwide, Inc.                                                   | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     13266 | NS      | $2203084.62   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Apple, Inc.                                                   | Apple, Inc.                                                                   | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     37732 | NS      | $9576004.28   | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| British American Tobacco plc                                  | British American Tobacco plc                                                  | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |     62085 | NS      | $3604582.40   | 0.28%             |  |  |  | No            | 2                  | On Loan: No      |
| Danish Krone                                                  | Danish Krone                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | DK        |    185147 | OU      | $28637.41     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Compass Group plc                                             | Compass Group plc                                                             | CUSIP: N/A<br>LEI: 2138008M6MH9OZ6U2T68       | Long             | EC               | CORP              | GB        |    103617 | NS      | $2891010.51   | 0.23%             |  |  |  | No            | 2                  | On Loan: No      |
| Argenx SE                                                     | Argenx SE                                                                     | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |      3522 | NS      | $2571940.50   | 0.20%             |  |  |  | No            | 1                  | On Loan: —       |
| Uber Technologies, Inc.                                       | Uber Technologies, Inc.                                                       | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     32323 | NS      | $2324993.39   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Spotify Technology SA                                         | Spotify Technology SA                                                         | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | LU        |      3872 | NS      | $1877571.52   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Johnson & Johnson                                             | Johnson & Johnson                                                             | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     30254 | NS      | $7395287.76   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Merck & Co., Inc.                                             | Merck & Co., Inc.                                                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     47317 | NS      | $5691761.93   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Mastercard, Inc.                                              | Mastercard, Inc., Class A                                                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      9162 | NS      | $4577884.92   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Swedish Krona                                                 | Swedish Krona                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SE        |      1001 | OU      | $105.71       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd.                   | Taiwan Semiconductor Manufacturing Co. Ltd.                                   | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |    228020 | NS      | $13187428.36  | 1.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Sun Hung Kai Properties Ltd.                                  | Sun Hung Kai Properties Ltd.                                                  | CUSIP: N/A<br>LEI: 529900LUMD393RD3S874       | Long             | EC               | CORP              | HK        |     56000 | NS      | $932446.87    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Mitsubishi Estate Co. Ltd.                                    | Mitsubishi Estate Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 353800KOFMRGOXSJ5Z65       | Long             | EC               | CORP              | JP        |     21273 | NS      | $590463.21    | 0.05%             |  |  |  | No            | 2                  | On Loan: —       |
| Baillie Gifford Emerging Markets Equities Fund                | Baillie Gifford Emerging Markets Equities Fund, Class K                       | CUSIP: 056823396<br>LEI: 213800AYGKM1ZPTRBP96 | Long             |  | RF                | US        |   2328476 | NS      | $64312511.79  | 5.01%             |  |  |  | No            | 1                  | On Loan: No      |
| US Foods Holding Corp.                                        | US Foods Holding Corp.                                                        | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     24809 | NS      | $2287637.89   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE                           | LVMH Moet Hennessy Louis Vuitton SE                                           | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |      3800 | NS      | $2077268.56   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Prudential plc                                                | Prudential plc                                                                | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |    156309 | NS      | $2173182.11   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| Glencore plc                                                  | Glencore plc                                                                  | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |    246770 | NS      | $1869004.91   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| Home Depot, Inc. (The)                                        | Home Depot, Inc. (The)                                                        | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      6437 | NS      | $2117064.93   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Tokyo Electron Ltd.                                           | Tokyo Electron Ltd.                                                           | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |      8180 | NS      | $2032328.79   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Bank Leumi Le-Israel BM                                       | Bank Leumi Le-Israel BM                                                       | CUSIP: N/A<br>LEI: 7JDSZWRGUQY2DSTWCR57       | Long             | EC               | CORP              | IL        |    107614 | NS      | $2406555.59   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| Rheinmetall AG                                                | Rheinmetall AG                                                                | CUSIP: N/A<br>LEI: 5299001OU9CSE29O6S05       | Long             | EC               | CORP              | DE        |       672 | NS      | $1133520.35   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Hitachi Ltd.                                                  | Hitachi Ltd.                                                                  | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |     69200 | NS      | $2030015.97   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Novo Nordisk A/S                                              | Novo Nordisk A/S, Class B                                                     | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |     17175 | NS      | $628510.48    | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Shionogi & Co. Ltd.                                           | Shionogi & Co. Ltd.                                                           | CUSIP: N/A<br>LEI: 35380049VXDTHZI3DY35       | Long             | EC               | CORP              | JP        |     13200 | NS      | $291996.45    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Knorr-Bremse AG                                               | Knorr-Bremse AG                                                               | CUSIP: N/A<br>LEI: 5299001GRRO0Z25YZT52       | Long             | EC               | CORP              | DE        |      6240 | NS      | $712931.13    | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Swiss Franc                                                   | Swiss Franc                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CH        |     98263 | OU      | $122889.94    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Singapore Telecommunications Ltd.                             | Singapore Telecommunications Ltd.                                             | CUSIP: N/A<br>LEI: 2549003XJKIQO8YDYD89       | Long             | EC               | CORP              | SG        |    417945 | NS      | $1609265.28   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| Axon Enterprise, Inc.                                         | Axon Enterprise, Inc.                                                         | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      3569 | NS      | $1515718.61   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Hanwha Aerospace Co. Ltd.                                     | Hanwha Aerospace Co. Ltd.                                                     | CUSIP: N/A<br>LEI: 9884001NSUA8FQKQWR25       | Long             | EC               | CORP              | KR        |      2904 | NS      | $2476260.22   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| S&P Global, Inc.                                              | S&P Global, Inc.                                                              | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      3072 | NS      | $1306644.48   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Tencent Holdings Ltd.                                         | Tencent Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |     41856 | NS      | $2639957.58   | 0.21%             |  |  |  | No            | 2                  | On Loan: No      |
| Broadcom, Inc.                                                | Broadcom, Inc.                                                                | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     25459 | NS      | $7879815.09   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Canadian Dollar                                               | Canadian Dollar                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CA        |        19 | OU      | $13.92        | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Abbott Laboratories                                           | Abbott Laboratories                                                           | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     37289 | NS      | $3828461.63   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Meta Platforms, Inc.                                          | Meta Platforms, Inc., Class A                                                 | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     14763 | NS      | $8446355.19   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| ASML Holding NV                                               | ASML Holding NV                                                               | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      2096 | NS      | $2787169.94   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| Philip Morris International, Inc.                             | Philip Morris International, Inc.                                             | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     14201 | NS      | $2347993.34   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| SAP SE                                                        | SAP SE                                                                        | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |     18516 | NS      | $3156656.62   | 0.25%             |  |  |  | No            | 2                  | On Loan: No      |
| Diageo plc                                                    | Diageo plc                                                                    | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |     79580 | NS      | $1479966.28   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| Netflix, Inc.                                                 | Netflix, Inc.                                                                 | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     43475 | NS      | $4180121.25   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Hong Kong Dollar                                              | Hong Kong Dollar                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | HK        |     90064 | OU      | $11485.99     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| US Bancorp                                                    | US Bancorp                                                                    | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     78850 | NS      | $4100988.50   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Dassault Systemes SE                                          | Dassault Systemes SE                                                          | CUSIP: N/A<br>LEI: 96950065LBWY0APQIM86       | Long             | EC               | CORP              | FR        |     59852 | NS      | $1211658.77   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Tenet Healthcare Corp.                                        | Tenet Healthcare Corp.                                                        | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     11119 | NS      | $2098266.49   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Wells Fargo & Co.                                             | Wells Fargo & Co.                                                             | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     17267 | NS      | $1374625.87   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| New Taiwan Dollar                                             | New Taiwan Dollar                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | TW        |         0 | OU      | $0.01         | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| SOCIETE GENERALE                                              | Treasury Repurchase Agreement                                                 | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Long             | RA               | CORP              | FR        |     50000 | PA      | $50000.00     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Israeli Shekel                                                | Israeli Shekel                                                                | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | IL        |        -0 | OU      | $-0.01        | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Rief Strategic Partners Fund                                  | Rief Strategic Partners Fund, Series SB                                       | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |     56514 | NS      | $91821945.34  | 7.15%             |  |  |  | Yes           | N/A                | On Loan: No      |
| THE BANK OF NOVA SCOTIA, TORONTO                              | Other Repurchase Agreement                                                    | CUSIP: N/A<br>LEI: L3I9ZG2KFGXZ61BMYR72       | Long             | RA               | CORP              | CA        |   1000000 | PA      | $1000000.00   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Erste Group Bank AG                                           | Erste Group Bank AG                                                           | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |     17091 | NS      | $1846260.13   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| Haleon plc                                                    | Haleon plc                                                                    | CUSIP: N/A<br>LEI: 549300PSB3WWEODCUP19       | Long             | EC               | CORP              | GB        |    610860 | NS      | $3023143.21   | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| Analog Devices, Inc.                                          | Analog Devices, Inc.                                                          | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      3759 | NS      | $1195888.26   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| South Korea Won                                               | South Korea Won                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | KR        |       171 | OU      | $0.11         | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Cigna Group (The)                                             | Cigna Group (The)                                                             | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     10517 | NS      | $2805409.75   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| ICICI Bank Ltd.                                               | ICICI Bank Ltd.                                                               | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     56452 | NS      | $1462106.80   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Flex Ltd.                                                     | Flex Ltd.                                                                     | CUSIP: N/A<br>LEI: 549300EAQH74YHD07T53       | Long             | EC               | CORP              | SG        |     38959 | NS      | $2550256.14   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Accor SA                                                      | Accor SA                                                                      | CUSIP: N/A<br>LEI: 969500QZC2Q0TK11NV07       | Long             | EC               | CORP              | FR        |     44530 | NS      | $2135800.54   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP        | Cia de Saneamento Basico do Estado de Sao Paulo SABESP                        | CUSIP: N/A<br>LEI: 254900UOXRZRS2TNWP19       | Long             | EC               | CORP              | BR        |     96015 | NS      | $2933176.37   | 0.23%             |  |  |  | No            | 2                  | On Loan: No      |
| Coca-Cola Co. (The)                                           | Coca-Cola Co. (The)                                                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     34754 | NS      | $2643041.70   | 0.21%             |  |  |  | No            | 1                  | On Loan: —       |
| TJX Cos., Inc. (The)                                          | TJX Cos., Inc. (The)                                                          | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     15922 | NS      | $2542743.40   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Welltower, Inc.                                               | Welltower, Inc.                                                               | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     16698 | NS      | $3301361.58   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Itau Unibanco Holding SA                                      | Itau Unibanco Holding SA                                                      | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |     82767 | NS      | $693587.46    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| UniCredit SpA                                                 | UniCredit SpA                                                                 | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |     28788 | NS      | $2065360.71   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Sumitomo Realty & Development Co. Ltd.                        | Sumitomo Realty & Development Co. Ltd.                                        | CUSIP: N/A<br>LEI: 353800SO2DCLOI3LNZ64       | Long             | EC               | CORP              | JP        |     51500 | NS      | $1461354.48   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Schwab Fundamental Emerging Markets Equity ETF                | Schwab Fundamental Emerging Markets Equity ETF                                | CUSIP: 808524730<br>LEI: 549300IMHQ7K247G1P16 | Long             |  | RF                | US        |   2560111 | NS      | $97949846.86  | 7.63%             |  |  |  | No            | 1                  | On Loan: —       |
| Sandvik AB                                                    | Sandvik AB                                                                    | CUSIP: N/A<br>LEI: 5299008ZUAXN43LVZF54       | Long             | EC               | CORP              | SE        |     50074 | NS      | $1924937.23   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK SECURITIES INC.                                 | Treasury Repurchase Agreement                                                 | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | Long             | RA               | CORP              | US        |  10237549 | PA      | $10237549.40  | 0.80%             |  |  |  | No            | 2                  | On Loan: No      |
| AstraZeneca plc                                               | AstraZeneca plc                                                               | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |      6565 | NS      | $1283720.08   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| Microsoft Corp.                                               | Microsoft Corp.                                                               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     39623 | NS      | $14667245.91  | 1.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Quest Diagnostics, Inc.                                       | Quest Diagnostics, Inc.                                                       | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      8091 | NS      | $1585674.18   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| GMO Quality Fund                                              | GMO Quality Fund, Class VI                                                    | CUSIP: 362008229<br>LEI: 549300AFPJUDV7V43T32 | Long             |  | RF                | US        |  13148277 | NS      | $427976404.24 | 33.34%            |  |  |  | No            | 1                  | On Loan: No      |
| Safran SA                                                     | Safran SA                                                                     | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |     19167 | NS      | $6272004.33   | 0.49%             |  |  |  | No            | 2                  | On Loan: No      |
| Ferguson Enterprises, Inc.                                    | Ferguson Enterprises, Inc.                                                    | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |      8598 | NS      | $2005569.48   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Nestle SA                                                     | Nestle SA (Registered)                                                        | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |     23087 | NS      | $2264628.14   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| DSV A/S                                                       | DSV A/S                                                                       | CUSIP: N/A<br>LEI: 529900X41C0BSLK67H70       | Long             | EC               | CORP              | DK        |      9206 | NS      | $2223325.08   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| KBC Group NV                                                  | KBC Group NV                                                                  | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |     14044 | NS      | $1718873.22   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| Elevance Health, Inc.                                         | Elevance Health, Inc.                                                         | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      7938 | NS      | $2323849.50   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Intuitive Surgical, Inc.                                      | Intuitive Surgical, Inc.                                                      | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      5301 | NS      | $2443707.99   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| AbbVie, Inc.                                                  | AbbVie, Inc.                                                                  | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      7410 | NS      | $1611600.90   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Viking Global Equities LP                                     | Viking Global Equities LP, Class H Interests                                  | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |     44194 | NS      | $50240939.07  | 3.91%             |  |  |  | Yes           | N/A                | On Loan: No      |
| NXP Semiconductors NV                                         | NXP Semiconductors NV                                                         | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |     12140 | NS      | $2389880.40   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| WESCO International, Inc.                                     | WESCO International, Inc.                                                     | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |      5665 | NS      | $1550057.30   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Tradeweb Markets, Inc.                                        | Tradeweb Markets, Inc., Class A                                               | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12496 | NS      | $1470279.36   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| GMO Investments ICAV - GMO Equity Dislocation Investment Fund | GMO Investments ICAV - GMO Equity Dislocation Investment Fund, Class A shares | CUSIP: N/A<br>LEI: 5493007L12FS7KU4K584       | Long             |  |  | IE        |   2319734 | NS      | $61356965.54  | 4.78%             |  |  |  | No            | 1                  | On Loan: No      |
| UnitedHealth Group, Inc.                                      | UnitedHealth Group, Inc.                                                      | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     13326 | NS      | $3605882.34   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Thermo Fisher Scientific, Inc.                                | Thermo Fisher Scientific, Inc.                                                | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     10874 | NS      | $5344897.22   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Synopsys, Inc.                                                | Synopsys, Inc.                                                                | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      3938 | NS      | $1561338.24   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Anglo American plc                                            | Anglo American plc                                                            | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |     49435 | NS      | $2122521.12   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| Amrize Ltd.                                                   | Amrize Ltd.                                                                   | CUSIP: N/A<br>LEI: 529900SLCCO6K43P8146       | Long             | EC               | CORP              | CH        |     27745 | NS      | $1537819.32   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| Visa, Inc.                                                    | Visa, Inc., Class A                                                           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     12881 | NS      | $3893153.44   | 0.30%             |  |  |  | No            | 1                  | On Loan: —       |
| Parker-Hannifin Corp.                                         | Parker-Hannifin Corp.                                                         | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      2144 | NS      | $1919394.56   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Constellation Software, Inc.                                  | Constellation Software, Inc.                                                  | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |       652 | NS      | $1144545.67   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| JPMorgan Prime Money Market Fund                              | JPMorgan Prime Money Market Fund, Institutional Class                         | CUSIP: 4812A2603<br>LEI: 549300YD7H8SEEU7VG41 | Long             | STIV             | RF                | US        |  44041735 | NS      | $44046138.94  | 3.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Accenture plc                                                 | Accenture plc, Class A                                                        | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |     15869 | NS      | $3146664.01   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Targa Resources Corp.                                         | Targa Resources Corp.                                                         | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      7902 | NS      | $1981268.46   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| BNP PARIBAS FINANCIAL MARKETS SNC                             | Treasury Repurchase Agreement                                                 | CUSIP: N/A<br>LEI: 6EWKU0FGVX5QQJHFGT48       | Long             | RA               | CORP              | FR        |    707857 | PA      | $707856.60    | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| AQR Large Cap Defensive Style Fund                            | AQR Large Cap Defensive Style Fund, Class R6                                  | CUSIP: 00191K831<br>LEI: 549300U8SCLX3D8VIY95 | Long             |  | RF                | US        |   2896301 | NS      | $51843780.51  | 4.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Shin-Etsu Chemical Co. Ltd.                                   | Shin-Etsu Chemical Co. Ltd.                                                   | CUSIP: N/A<br>LEI: 353800PX8Q64N86H5W41       | Long             | EC               | CORP              | JP        |     37600 | NS      | $1531027.36   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| UCB SA                                                        | UCB SA                                                                        | CUSIP: N/A<br>LEI: 2138008J191VLSGY5A09       | Long             | EC               | CORP              | BE        |      6340 | NS      | $1910221.33   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| EURO                                                          | EURO                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |      4660 | OU      | $5385.93      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| British Pound                                                 | British Pound                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |     31732 | OU      | $42000.43     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Cencora, Inc.                                                 | Cencora, Inc.                                                                 | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      6721 | NS      | $2111334.94   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Havas NV                                                      | Havas NV                                                                      | CUSIP: N/A<br>LEI: 894500L53AVOFQK7T710       | Long             | EC               | CORP              | NL        |      1504 | NS      | $26340.53     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Texas Instruments, Inc.                                       | Texas Instruments, Inc.                                                       | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     21147 | NS      | $4105478.58   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Salesforce, Inc.                                              | Salesforce, Inc.                                                              | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     25719 | NS      | $4800965.73   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Equinix, Inc.                                                 | Equinix, Inc.                                                                 | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      2101 | NS      | $2059484.24   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

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

**Name of Applicant:** Aspiriant Trust

**Signature:** Ben Schmidt

**Name of Signer:** Ben Schmidt

**Title:** Director