# EDGAR Filing Document

**Accession Number:** 0000836267
**File Stem:** 0002000324-25-003085
**Filing Date:** 2025-8
**Character Count:** 14731
**Document Hash:** 83abe2be3c7f2148ff76fdc852ef7eb9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-003085.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0002000324-25-003085

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCM Trust
- **CENTRAL INDEX KEY:** 0000836267

**ORGANIZATION NAME:**
- **EIN:** 526400931
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05617
- **FILM NUMBER:** 251250378

**BUSINESS ADDRESS:**
- **STREET 1:** 1875 LAWRENCE STREET
- **STREET 2:** SUITE 300
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202-1805
- **BUSINESS PHONE:** 800-955-9988

**MAIL ADDRESS:**
- **STREET 1:** 1875 LAWRENCE STREET
- **STREET 2:** SUITE 300
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202-1805

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SHELTON GREATER CHINA FUND
- **DATE OF NAME CHANGE:** 20110614

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TAIWAN GREATER CHINA FUND
- **DATE OF NAME CHANGE:** 20040105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** R O C TAIWAN FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### ICON HEALTH AND INFORMATION TECHNOLOGY FUND (Series ID: S000067903)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000217715 | Investor Class      | ICTTX           |
| C000217716 | Institutional Class | ICTEX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-05617

- **c. CIK number of Registrant:** 0000836267

- **d. LEI of Registrant:** 254900SUSEM61EA08I06

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

  - **Street Address 1:** 1125 17th Street, Ste. 2550

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80202-1805

  - **Telephone number:** 800-955-9988

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

- **a. Name of Series:** ICON HEALTH AND INFORMATION TECHNOLOGY FUND

- **b. EDGAR series identifier (if any):** S000067903

- **c. LEI of Series:** 254900JFSF73OYK9PL11

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $78049948.61

**Total Liabilities:** $98618.94

**Net Assets:** $77951329.67

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000217716 | 7.30%                | 7.13%                | 2.34%                |
| Class ID C000217715 | 7.33%                | 7.08%                | 2.36%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $411745.71               | $4965014.61                                |
| Month 2  | $2429437.40              | $2613841.27                                |
| Month 3  | $536960.81               | $1076848.01                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Biomarin Pharmaceutical Inc.                 | Biomarin Pharmaceutical Inc. COM USD0.001                             | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |     17706 | NS      | $973298.82    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                | Alphabet Inc. CAP USD0.001 CL C                                       | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     20500 | NS      | $3636495.00   | 4.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                           | Meta Platforms Inc COM USD0.000006 CL 'A'                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      6000 | NS      | $4428540.00   | 5.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                          | Cisco Systems, Inc. COM USD0.001                                      | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     65390 | NS      | $4536758.20   | 5.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Globant S.A                                  | Globant S.A USD1.20                                                   | CUSIP: L44385109<br>LEI: 2221008DCMSPYS42DS88 | Long             | EC               | CORP              | LU        |     15485 | NS      | $1406657.40   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp                                     | CDW Corp COM USD0.01                                                  | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     11800 | NS      | $2107362.00   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                              | Salesforce Inc. COM USD0.001                                          | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     11862 | NS      | $3234648.78   | 4.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | Taiwan Semiconductor Manufacturing Co., Ltd. SPON ADS REP 5 ORD TWD10 | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     24000 | NS      | $5435760.00   | 6.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                                 | Autodesk Inc COM USD0.01                                              | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     10000 | NS      | $3095700.00   | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                               | Servicenow Inc COM USD0.001                                           | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3524 | NS      | $3622953.92   | 4.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PLC              | Seagate Technology Holdings PLC ORD SHS                               | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |     13919 | NS      | $2008929.27   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Limited                               | Amdocs Limited ORD GBP0.01                                            | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |     24436 | NS      | $2229540.64   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Display Corp.                      | Universal Display Corp. COM USD0.01                                   | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22784 | NS      | $3519216.64   | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc.                      | Tyler Technologies Inc. COM USD0.01                                   | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |      5057 | NS      | $2997991.88   | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc.                                | Teradyne Inc. COM USD0.125                                            | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |     71091 | NS      | $6392502.72   | 8.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TD Synnex Corp                               | TD Synnex Corp COM USD0.001                                           | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     21884 | NS      | $2969658.80   | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems Inc                              | Pegasystems Inc COM USD0.01                                           | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |     45848 | NS      | $2481752.24   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                       | Palo Alto Networks Inc COM USD0.0001                                  | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     15000 | NS      | $3069600.00   | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare, Inc.                      | Molina Healthcare, Inc. COM USD0.001                                  | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |      8056 | NS      | $2399882.40   | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                             | Merck & Co., Inc COM USD0.50                                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      4890 | NS      | $387092.40    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Inc.                                     | MKS Inc. COM NPV                                                      | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     14500 | NS      | $1440720.00   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Kulicke and Soffa Industries, Inc.           | Kulicke and Soffa Industries, Inc. COM NPV                            | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | US        |     38000 | NS      | $1314800.00   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange Traded Fund Trust II        | Invesco Exchange Traded Fund Trust II S&P SMLCP INFO                  | CUSIP: 46138E115<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |     18000 | NS      | $832320.00    | 1.07%             |  |  |  | No            |                  1 | On Loan: —       |
| HCA Healthcare Inc                           | HCA Healthcare Inc COM USD0.01                                        | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      8000 | NS      | $3064800.00   | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                                 | Fortinet Inc COM USD0.001                                             | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |      7323 | NS      | $774187.56    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation                 | Encompass Health Corporation COM USD0.01                              | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     35840 | NS      | $4395059.20   | 5.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc.                         | Elevance Health Inc. COM USD0.01                                      | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      2185 | NS      | $849877.60    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                          | Arista Networks Inc COM SHS                                           | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     43600 | NS      | $4460716.00   | 5.72%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AM GOVT OB FD CL X                     | FIRST AM GOVT OB FD CL X                                              | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |     51700 | OU      | $51700.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** SCM Trust

**Signature:** /s/ Gregory Pusch

**Name of Signer:** Gregory Pusch

**Title:** General Counsel and CCO