# EDGAR Filing Document

**Accession Number:** 0001396092
**File Stem:** 0001752724-25-185580
**Filing Date:** 2025-8
**Character Count:** 15772
**Document Hash:** a5c3fd0c3521d440df5f27ff97ca17fd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-185580.hdr.sgml**: 20250807

**ACCESSION NUMBER**: 0001752724-25-185580

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250807

**DATE AS OF CHANGE**: 20250807

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** World Funds Trust
- **CENTRAL INDEX KEY:** 0001396092

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22172
- **FILM NUMBER:** 251192945

**BUSINESS ADDRESS:**
- **STREET 1:** 8730 STONY POINT PARKWAY
- **STREET 2:** SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235
- **BUSINESS PHONE:** 804-267-7400

**MAIL ADDRESS:**
- **STREET 1:** 8730 STONY POINT PARKWAY
- **STREET 2:** SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Abacus World Funds Trust
- **DATE OF NAME CHANGE:** 20070410

## Series and Classes Contracts Data

### The Cook & Bynum Fund (Series ID: S000086401)

| Class ID   | Class Name            | Ticker Symbol   |
|:---|:---|:---|
| C000251944 | The Cook & Bynum Fund | COBYX           |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**THE COOK AND BYNUM FUND** |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Schedule of Investments** |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**June 30, 2025 (unaudited)** |  |  |
|  |  | **Shares** | **Value** |
| **82.36%** | **COMMON STOCKS** |  |  |
| **16.50%** | **BREWERIES** |  |  |
|  | **Ambev SA ADR** | **483092** | $**1164252** |
|  | **Anheuser-Busch InBev SA/NV ADR** | **128304** | **8817051** |
|  | **Union de Cervecerias Peruanas Backus y Johnston SA** | **500000** | **2683133** |
|  |  |  | **12664436** |
| **19.89%** | **CONGLOMERATES** |  |  |
|  | **Berkshire Hathaway Class B<sup>(A)</sup>** | **31436** | **15270666** |
| **5.70%** | **CONSUMER STAPLES - MERCHANDISE RETAIL** |  |  |
|  | **AG Anadolu Grubu Holding AS<sup>(A)</sup>** | **211000** | **1377778** |
|  | **BIM Birlesik Magazalar AS** | **149000** | **1851379** |
|  | **Migros Ticaret AS<sup>(A)</sup>** | **92554** | **1150017** |
|  |  |  | **4379174** |
| **1.18%** | **HEALTH CARE SERVICES** |  |  |
|  | **Euroeyes International Eye Clinic, Ltd.** | **2601000** | **904557** |
| **0.70%** | **INDUSTRIAL MACHINERY & SUPPLIES & COMPONENTS** |  |  |
|  | **Gesco SE** | **26532** | **539122** |
| **7.31%** | **RETAIL - CONVENIENCE STORES** |  |  |
|  | **Fomento Economico Mexicano SAB ADR** | **54513** | **5613749** |
| **25.12%** | **SOFT DRINK BOTTLING AND DISTRIBUTION** |  |  |
|  | **Arca Continental S.A.B. de C.V.** | **1820263** | **19284728** |
| **5.96%** | **WIRED AND WIRELESS TELECOMMUNICATIONS CARRIERS** | **WIRED AND WIRELESS TELECOMMUNICATIONS CARRIERS** |  |
|  | **Liberty Latin America Ltd. Class A<sup>(A)</sup>** | **81841** | **499230** |
|  | **Liberty Latin America Ltd. Class C<sup>(A)</sup>** | **654782** | **4072744** |
|  |  |  | **4571974** |
| **82.36%** | **TOTAL COMMON STOCKS** |  | **63228406** |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**THE COOK AND BYNUM FUND** |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Schedule of Investments** |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**June 30, 2025 (unaudited)** |  |  |
|  |  | **Shares** | **Value** |
| **9.98%** | **PREFERRED STOCKS** |  |  |
| **9.98%** | **SOFT DRINK BOTTLING AND DISTRIBUTION** |  |  |
|  | **Coca-Cola Embonor SA** | **5301259** | $**7662606** |
| **9.98%** | **TOTAL PREFERRED STOCKS** |  | **7662606** |
| **6.97%** | **US TREASURY BILLS** |  |  |
|  | **US Treasury 09/04/2025 0.043%<sup>(C)</sup>** | **5393000** | **5351534** |
| **6.97%** | **TOTAL SHORT TERM INVESTMENTS** |  | **5351534** |
| **99.31%** | **TOTAL INVESTMENTS** |  | **76242546** |
| **0.69%** | **Other assets, net of liabilities** |  | **530330** |
| **100.00%** | **NET ASSETS** |  | $**76772876** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(A)</sup>Non-income producing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(C)</sup>Zero coupon security. The rate shown is the yield-to-maturity on the date of June 30, 2025 ADR - Security represented is held by the custodian in the form of American Depositary Receipts.

**In accordance with U.S. GAAP, "fair value" is defined as the price that a Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. Various inputs are used**

**in determining the value of a Fund's investments. U.S. GAAP established a three-tier hierarchy of inputs to establish a classification of fair value measurements for disclosure purposes. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).**

**Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining fair value of investments).**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **The inputs or methodology used for valuing securities are not necessarily an** | **The inputs or methodology used for valuing securities are not necessarily an** |  |  |  |
| **indication of the risk associated with investing in those securities.** | **indication of the risk associated with investing in those securities.** |  |  |  |
| **The following summarizes the inputs used to value the Fund's investments as of June 30, 2025:** | **The following summarizes the inputs used to value the Fund's investments as of June 30, 2025:** | **The following summarizes the inputs used to value the Fund's investments as of June 30, 2025:** |  |  |
|  | **Level 1** | **Level 2** | **Level 3** |  |
|  |  | **Other** | **Significant** |  |
|  |  | **Significant** | &nbsp;&nbsp;&nbsp;**Unobservable** |  |
|  | **Quoted Prices** | **Observable Inputs** | **Inputs** | **Total** |
| **COMMON STOCKS** | $**63228406.00** | $**-** | $**-** | $**63228406.00** |
| **PREFERRED STOCKS** | **7662606** | **-** | **-** | **7662606** |
| **SHORT-TERM INVESTMENTS** |  | **5351534** | **-** | **5351534** |
| **TOTAL INVESTMENTS** | $**70891012** | $**5351534** | $**-** | $**70891012** |

---

**The cost of investments for Federal income tax purposes has been estimated a/o June 30, 2025 since**

**the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income tax purpose is $64,192,806, and the related net unrealized appreciation (depreciation) consists of:**

---

| | |
|:---|:---|
| **Gross unrealized appreciation** | $**27208620** |
| **Gross unrealized depreciation** | **(15158880)** |
| **Net unrealized appreciation** | $**12049740** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** World Funds Trust

- **b. Investment Company Act file number:** 811-22172

- **c. CIK number of Registrant:** 0001396092

- **d. LEI of Registrant:** 5493007BOSPYEMKSSY03

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

  - **Street Address 1:** 8730 Stony Point Parkway

  - **City:** Richmond

  - **State:** VA

  - **Foreign country:** US

  - **Zip / Postal Code:** 23235

  - **Telephone number:** 800-673-0550

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

- **a. Name of Series:** The Cook & Bynum Fund

- **b. EDGAR series identifier (if any):** S000086401

- **c. LEI of Series:** 549300AREIVLMQ2VQJ40

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

- **a. Date of fiscal year-end:** 2025-09-30

- **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:** $76864908.45

**Total Liabilities:** $92032.90

**Net Assets:** $76772875.55

**Cash Not Reported:** $19316.91

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000251944 | 0.89%                | 1.11%                | -0.98%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1126795.52              | $-1120181.45                               |
| Month 2  | $-1339.18                | $590857.31                                 |
| Month 3  | $7034.81                 | $-982101.42                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Default          | Union de Cervecerias Peruanas Backus y Johnston S.A.A. | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | PE        |    500000 | NS      | $2683133.11   | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATH-B | Berkshire Hathaway Class B                             | CUSIP: 084670702<br>LEI: N/A | Long             | EC               | CORP              | US        |     31436 | NS      | $15270665.72  | 19.89%            |  |  |  | No            |                  1 | On Loan: No      |
| Default          | Arca Continental S.A.B. de C.V.                        | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | MX        |   1820263 | NS      | $19284728.31  | 25.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Default          | AG ANADOLU GRUBU HOLDING AS                            | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TR        |    211000 | NS      | $1377777.49   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | Liberty Latin America Ltd. - CL A                      | CUSIP: G9001E102<br>LEI: N/A | Long             | EC               | CORP              | BM        |     81841 | NS      | $499230.10    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | Fomento Economico Mexicano SAB de CV                   | CUSIP: 344419106<br>LEI: N/A | Long             | EC               | CORP              | MX        |     54513 | NS      | $5613748.74   | 7.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | Liberty Latin America Ltd.                             | CUSIP: G9001E128<br>LEI: N/A | Long             | EC               | CORP              | BM        |    654782 | NS      | $4072744.04   | 5.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | GESCO SE                                               | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | DE        |     26532 | NS      | $539122.18    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | Coca-Cola Embonor S.A.                                 | CUSIP: N/A<br>LEI: N/A       | Long             | EP               | CORP              | CL        |   5301259 | NS      | $7662606.05   | 9.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | Ambev SA                                               | CUSIP: 02319V103<br>LEI: N/A | Long             | EC               | CORP              | BR        |    483092 | NS      | $1164251.72   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | BIM Birlesik Magazalar A.S.                            | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TR        |    149000 | NS      | $1851379.10   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | United States Treasury Bill                            | CUSIP: 912797MH7<br>LEI: N/A | Long             | DBT              | UST               | US        |   5393000 | PA      | $5351534.48   | 6.97%             | 2025-09-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Default          | Anheuser-Busch Inbev SA/NV                             | CUSIP: 03524A108<br>LEI: N/A | Long             | EC               | CORP              | BE        |    128304 | NS      | $8817050.88   | 11.48%            |  |  |  | No            |                  1 | On Loan: No      |
| Default          | MIGROS TICARET A.S                                     | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | TR        |     92554 | NS      | $1150017.07   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | US Bank Money Market Demand Account                    | CUSIP: 8AMMF0A76<br>LEI: N/A | Long             | STIV             | RF                | US        |    469839 | NS      | $469838.81    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | EuroEyes International Eye Clinc Limited               | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | KY        |   2601000 | NS      | $904557.34    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-05

**Name of Applicant:** World Funds Trust

**Signature:** Ann MacDonald

**Name of Signer:** Ann MacDonald

**Title:** Principal Financial Officer