# EDGAR Filing Document

**Accession Number:** 0001540305
**File Stem:** 0000894189-26-006372
**Filing Date:** 2026-2
**Character Count:** 20912
**Document Hash:** 21b5dcc9d7a2127756b4860375260725
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-006372.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000894189-26-006372

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**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:** 26690440

**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

### U.S. Global Jets ETF (Series ID: S000048544)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000153068 | U.S. Global Jets ETF | JETS            |

## 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:** U.S. Global Jets ETF

- **b. EDGAR series identifier (if any):** S000048544

- **c. LEI of Series:** 549300UL07KE1VGTTL75

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $835952890.99

**Total Liabilities:** $38345392.00

**Net Assets:** $797607498.99

**Cash Not Reported:** $429798.62

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000153068 | -0.33%               | 6.76%                | 7.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10783291.81             | $-13708979.11                              |
| Month 2  | $5930372.56              | $40167571.85                               |
| Month 3  | $-2781826.66             | $62079180.83                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Alaska Air Group Inc                      | Alaska Air Group Inc                           | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |    455934 | NS      | $22933480.20  | 2.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Allegiant Travel Co                       | Allegiant Travel Co                            | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |    284685 | NS      | $24275089.95  | 3.04%             |  |  |  | No            | 1                  | On Loan: No      |
| American Airlines Group Inc               | American Airlines Group Inc                    | CUSIP: 02376R102<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | EC               | CORP              | US        |   5569844 | NS      | $85385708.52  | 10.71%            |  |  |  | No            | 1                  | On Loan: No      |
| Delta Air Lines Inc                       | Delta Air Lines Inc                            | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |   1216731 | NS      | $84441131.40  | 10.59%            |  |  |  | No            | 1                  | On Loan: No      |
| Embraer SA                                | Embraer SA                                     | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |    123795 | NS      | $7968684.15   | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Expedia Group Inc                         | Expedia Group Inc                              | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56812 | NS      | $16095407.72  | 2.02%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Government Obli            | First American Government Obligations Fund     | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   6553293 | NS      | $6553293.14   | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Frontier Group Holdings Inc               | Frontier Group Holdings Inc                    | CUSIP: 35909R108<br>LEI: 549300DT3Y2BHO6G7T02 | Long             | EC               | CORP              | US        |   4137964 | NS      | $19489810.44  | 2.44%             |  |  |  | No            | 1                  | On Loan: —       |
| General Dynamics Corp                     | General Dynamics Corp                          | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     46780 | NS      | $15748954.80  | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Aeroportuario del Centro            | Grupo Aeroportuario del Centro Norte SAB de CV | CUSIP: 400501102<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |     36805 | NS      | $4003279.85   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Aeroportuario del Surest            | Grupo Aeroportuario del Sureste SAB de CV      | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |     12434 | NS      | $4021155.60   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Airbus SE                                 | Airbus SE                                      | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | FR        |     35210 | NS      | $8209542.61   | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| JetBlue Airways Corp                      | JetBlue Airways Corp                           | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |   4728754 | NS      | $21515830.70  | 2.70%             |  |  |  | No            | 1                  | On Loan: —       |
| Latam Airlines Group SA                   | Latam Airlines Group SA                        | CUSIP: 51817R205<br>LEI: 549300HX3UUDPEFTG707 | Long             | EC               | CORP              | CL        |    151613 | NS      | $8188618.13   | 1.03%             |  |  |  | No            | 1                  | On Loan: —       |
| Deutsche Lufthansa AG                     | Deutsche Lufthansa AG                          | CUSIP: N/A<br>LEI: 529900PH63HYJ86ASW55       | Long             | EC               | CORP              | DE        |    420944 | NS      | $4158387.70   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| China Southern Airlines Co Ltd            | China Southern Airlines Co Ltd                 | CUSIP: N/A<br>LEI: 529900AJQ1Q18ABYVX84       | Long             | EC               | CORP              | CN        |   6124034 | NS      | $4579628.91   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| ANA Holdings Inc                          | ANA Holdings Inc                               | CUSIP: N/A<br>LEI: 5493008IRKIY0G3TE305       | Long             | EC               | CORP              | JP        |    220017 | NS      | $4184312.07   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| El Al Israel Airlines                     | El Al Israel Airlines                          | CUSIP: N/A<br>LEI: 549300TW18OUVFDCDP95       | Long             | EC               | CORP              | IL        |    853706 | NS      | $4385746.86   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Air China Ltd                             | Air China Ltd                                  | CUSIP: N/A<br>LEI: 213800I9TWC9K22N4502       | Long             | EC               | CORP              | CN        |   5031166 | NS      | $4570437.46   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Aeroportuario del Pacifi            | Grupo Aeroportuario del Pacifico SAB de CV     | CUSIP: P4959P100<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |    154034 | NS      | $4029048.71   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Amadeus IT Group SA                       | Amadeus IT Group SA                            | CUSIP: N/A<br>LEI: 9598004A3FTY3TEHHN09       | Long             | EC               | CORP              | ES        |    109938 | NS      | $8118864.19   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| International Consolidated Air            | International Consolidated Airlines Group SA   | CUSIP: N/A<br>LEI: 959800TZHQRUSH1ESL13       | Long             | EC               | CORP              | GB        |   1499758 | NS      | $8375453.10   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| easyJet PLC                               | easyJet PLC                                    | CUSIP: N/A<br>LEI: 2138001S47XKWIB7TH90       | Long             | EC               | CORP              | GB        |    614618 | NS      | $4230174.43   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Japan Airlines Co Ltd                     | Japan Airlines Co Ltd                          | CUSIP: N/A<br>LEI: 3538002MH5L1QZZ93477       | Long             | EC               | CORP              | JP        |    219556 | NS      | $4071821.88   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Airports of Thailand PCL                  | Airports of Thailand PCL                       | CUSIP: N/A<br>LEI: 5299006VS4CU6LW0TY22       | Long             | EC               | CORP              | TH        |   2423564 | NS      | $4077095.45   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Air France-KLM                            | Air France-KLM                                 | CUSIP: N/A<br>LEI: 969500AQW31GYO8JZD66       | Long             | EC               | CORP              | FR        |    318170 | NS      | $4324303.17   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Flughafen Zurich AG                       | Flughafen Zurich AG                            | CUSIP: N/A<br>LEI: 529900PFO97GCN5SYB55       | Long             | EC               | CORP              | CH        |     13116 | NS      | $4169434.16   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Copa Holdings SA                          | Copa Holdings SA                               | CUSIP: N/A<br>LEI: 529900BB9UQJV6QQHA59       | Long             | EC               | CORP              | PA        |     33720 | NS      | $4066969.20   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Textron Inc                               | Textron Inc                                    | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |    183921 | NS      | $16032393.57  | 2.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Trip.com Group Ltd                        | Trip.com Group Ltd                             | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | SG        |    113885 | NS      | $8189470.35   | 1.03%             |  |  |  | No            | 1                  | On Loan: —       |
| TripAdvisor Inc                           | TripAdvisor Inc                                | CUSIP: 896945201<br>LEI: 549300XVG45PT5BART17 | Long             | EC               | CORP              | US        |   1037854 | NS      | $15111154.24  | 1.89%             |  |  |  | No            | 1                  | On Loan: —       |
| United Airlines Holdings Inc              | United Airlines Holdings Inc                   | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |    792076 | NS      | $88569938.32  | 11.10%            |  |  |  | No            | 1                  | On Loan: No      |
| Turk Hava Yollari AO                      | Turk Hava Yollari AO                           | CUSIP: N/A<br>LEI: 789000EV8M3BL7ZPFB03       | Long             | EC               | CORP              | TR        |   1262322 | NS      | $7896497.30   | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Tongcheng Travel Holdings Ltd             | Tongcheng Travel Holdings Ltd                  | CUSIP: G8918W106<br>LEI: 2549004WGGNOPL8NUL61 | Long             | EC               | CORP              | CN        |   1497318 | NS      | $4317244.13   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Air Canada                                | Air Canada                                     | CUSIP: 008911877<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | EC               | CORP              | CA        |   1725682 | NS      | $24252964.03  | 3.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Aena SME SA                               | Aena SME SA                                    | CUSIP: N/A<br>LEI: 959800R7QMXKF0NFMT29       | Long             | EC               | CORP              | ES        |    292078 | NS      | $8176206.88   | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Qantas Airways Ltd                        | Qantas Airways Ltd                             | CUSIP: N/A<br>LEI: YLXNW6TI6QSK1H8H0N82       | Long             | EC               | CORP              | AU        |   1236703 | NS      | $8566779.99   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Singapore Airlines Ltd                    | Singapore Airlines Ltd                         | CUSIP: N/A<br>LEI: 549300ZG62N2599PWR15       | Long             | EC               | CORP              | SG        |    827241 | NS      | $4118828.69   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Ryanair Holdings PLC                      | Ryanair Holdings PLC                           | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |    113653 | NS      | $8204610.07   | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Sabre Corp                                | Sabre Corp                                     | CUSIP: 78573M104<br>LEI: 529900VKCYZW8GZ4WW58 | Long             | EC               | CORP              | US        |  10173592 | NS      | $13836085.12  | 1.73%             |  |  |  | No            | 1                  | On Loan: No      |
| SkyWest Inc                               | SkyWest Inc                                    | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |    223006 | NS      | $22392032.46  | 2.81%             |  |  |  | No            | 1                  | On Loan: No      |
| Southwest Airlines Co                     | Southwest Airlines Co                          | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |   2107325 | NS      | $87095742.25  | 10.92%            |  |  |  | No            | 1                  | On Loan: No      |
| Sun Country Airlines Holdings             | Sun Country Airlines Holdings Inc              | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |   1611228 | NS      | $23185570.92  | 2.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Boeing Co/The                             | Boeing Co/The                                  | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     77292 | NS      | $16781639.04  | 2.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Booking Holdings Inc                      | Booking Holdings Inc                           | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      3030 | NS      | $16226649.90  | 2.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Cathay Pacific Airways Ltd                | Cathay Pacific Airways Ltd                     | CUSIP: N/A<br>LEI: EQNZNT235RBOJ6LJQZ02       | Long             | EC               | CORP              | HK        |   2654270 | NS      | $4239219.82   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Norwegian Air Shuttle ASA                 | Norwegian Air Shuttle ASA                      | CUSIP: N/A<br>LEI: 549300IEUH2FEM2Y6B51       | Long             | EC               | CORP              | NO        |   2337513 | NS      | $4046587.49   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  32206623 | NS      | $32206623.25  | 4.04%             |  |  |  | No            | N/A                | On Loan: No      |
| Pegasus Hava Tasimaciligi AS              | Pegasus Hava Tasimaciligi AS                   | CUSIP: N/A<br>LEI: 789000B1MW5PQ58A8T03       | Long             | EC               | CORP              | TR        |    839163 | NS      | $3747903.29   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Bombardier Inc                            | Bombardier Inc                                 | CUSIP: 097751861<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | EC               | CORP              | CA        |     97239 | NS      | $16542425.78  | 2.07%             |  |  |  | No            | 1                  | On Loan: No      |
| MakeMyTrip Ltd                            | MakeMyTrip Ltd                                 | CUSIP: N/A<br>LEI: 529900DNT8HNJ7RYUO60       | Long             | EC               | CORP              | IN        |     50870 | NS      | $4177444.40   | 0.52%             |  |  |  | No            | 1                  | On Loan: —       |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** ETF Series Solutions

**Signature:** /s/ Kristen Weitzel

**Name of Signer:** ETF Series Solutions

**Title:** Treasurer