# EDGAR Filing Document

**Accession Number:** 0001540305
**File Stem:** 0001145549-23-021711
**Filing Date:** 2023-3
**Character Count:** 29455
**Document Hash:** b84199fcf1ae6453efdfa84866a20291
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-021711.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001145549-23-021711

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Series Solutions
- **CENTRAL INDEX KEY:** 0001540305
- **IRS NUMBER:** 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:** 23789130

**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

### ETFB Green SRI REITs ETF (Series ID: S000070018)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000222922 | ETFB Green SRI REITs ETF | RITA            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **ETFB Green SRI REITs ETF** | **ETFB Green SRI REITs ETF** | |
| Schedule of Investments | Schedule of Investments |  |
| January 31, 2023 (Unaudited) | January 31, 2023 (Unaudited) |  |
| **Shares** | **Security Description** | **Value** |
|  | **COMMON STOCKS - 99.5%** |  |
|  | **Australia - 2.6%** |  |
| 7600 | Arena REIT | $19975 |
| 14430 | BWP Trust | 39859 |
| 7872 | Charter Hall Social Infrastructure REIT | 19248 |
| 4738 | Dexus Industria REIT | 10283 |
| 115461 | Mirvac Group | 184687 |
| 27050 | National Storage REIT | 44031 |
| 8617 | Stockland | 23863 |
|  |  | 341946 |
|  | **Canada - 4.6%** |  |
| 9807 | Granite Real Estate Investment Trust | 598482 |
|  | **Guernsey - 0.1%** |  |
| 9168 | Balanced Commercial Property Trust, Ltd. | 8962 |
|  | **Hong Kong - 1.6%** |  |
| 714000 | Prosperity REIT | 207681 |
|  | **Japan - 7.4%** |  |
| 308 | GLP J-REIT | 347446 |
| 48 | Japan Logistics Fund, Inc. | 109291 |
| 36 | Mitsui Fudosan Logistics Park, Inc. | 125541 |
| 162 | Nippon Prologis REIT, Inc. | 366616 |
| 15 | SOSiLA Logistics REIT, Inc. | 14914 |
|  |  | 963808 |
|  | **Netherlands - 0.9%** |  |
| 4578 | NSI NV | 119326 |
|  | **New Zealand - 0.3%** |  |
| 27216 | Goodman Property Trust | 36232 |
|  | **Singapore - 0.3%** |  |
| 59678 | PARAGON REIT | 44270 |
|  | **United Kingdom - 4.2%** |  |
| 12823 | abrdn Property Income Trust, Ltd. | 10419 |
| 6839 | CT Property Trust, Ltd. | 5978 |
| 3449 | Custodian Property Income REIT plc | 3872 |
| 14502 | Impact Healthcare REIT plc | 18568 |
| 15014 | Picton Property Income, Ltd. | 14233 |
| 3416 | Safestore Holdings plc | 42306 |
| 22631 | Segro plc | 231304 |
| 2234 | Shaftesbury plc | 10825 |
| 3700 | Target Healthcare REIT plc | 3690 |
| 65782 | Tritax Big Box REIT plc | 126173 |
| 6798 | UNITE Group plc | 83439 |
|  |  | 550807 |
|  | **United States - 77.5% (a)** |  |
| 1013 | Agree Realty Corporation | 75600 |
| 1748 | Alexander & Baldwin, Inc. | 34995 |
| 3978 | Alexandria Real Estate Equities, Inc. | 639423 |
| 5509 | American Homes 4 Rent - Class A | 188904 |
| 5477 | Apple Hospitality REIT, Inc. | 97107 |
| 6120 | AvalonBay Communities, Inc. | 1085932 |
| 3046 | Camden Property Trust | 375298 |
| 66 | Community Healthcare Trust, Inc. | 2830 |
| 5253 | CubeSmart | 240535 |
| 1010 | EastGroup Properties, Inc. | 169933 |
| 122 | Equity LifeStyle Properties, Inc. | 8757 |
| 3334 | First Industrial Realty Trust, Inc. | 177869 |
| 32774 | Healthpeak Properties, Inc. | 900630 |
| 12177 | Invitation Homes, Inc. | 395753 |
| 8990 | LXP Industrial Trust | 103835 |
| 3047 | Mid-America Apartment Communities, Inc. | 507996 |
| 388 | Physicians Realty Trust | 6154 |
| 19478 | Prologis, Inc. | 2518115 |
| 3854 | Public Storage | 1172925 |
| 5561 | Regency Centers Corporation | 370529 |
| 2248 | Rexford Industrial Realty, Inc. | 142681 |
| 367 | STAG Industrial, Inc. | 13065 |
| 2052 | Sun Communities, Inc. | 321877 |
| 1780 | Terreno Realty Corporation | 114685 |
| 492 | Universal Health Realty Income Trust | 26968 |
| 6028 | Welltower, Inc. | 452341 |
|  |  | 10144737 |
|  | TOTAL COMMON STOCKS (Cost $15,552,443) | 13016251 |
|  | **SHORT-TERM INVESTMENTS - 0.4%** |  |
| 53953 | First American Government Obligations Fund - Class X, 4.14% (b) | 53953 |
|  | TOTAL SHORT-TERM INVESTMENTS (Cost $53,953) | 53953 |
|  | TOTAL INVESTMENTS - 99.9% (Cost $15,606,396) | 13070204 |
|  | Other Assets in Excess of Liabilities - 0.1% | 12442 |
|  | NET ASSETS - 100.0% | $13082646 |

---

---

| | |
|:---|:---|
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |
| (a) | To the extent that the Fund invests a significant portion of its assets in the securities of companies of a single country or region, it is more likely to be impacted by events or conditions affecting the country or region. |
| (b) | Rate shown is the annualized seven-day yield as of January 31, 2023. |

---

------

---

| |
|:---|
| **Summary of Fair Value Disclosure at January 31, 2023 (Unaudited)** |
| The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. Accounting principles generally accepted in the United States of America ("U.S. GAAP") establishes a hierarchy that prioritizes inputs to valuation methods. <br> The three levels of inputs are: |
| Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. |
| Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar <br> instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. |
| Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be <br> based on the best information available. |
| The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, <br> and other characteristics particular to the security. |
| To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for <br> instruments categorized in Level 3. |
| The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the <br> lowest level input that is significant to the fair value measurement in its entirety. |
| The following is a summary of the inputs used to value the Fund's investments as of January 31, 2023: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Assets^</u> | <u>Level 1</u> | <u>Level 2</u> | <u>Level 3</u> | <u>Total</u> |
| Common Stocks | $13016251 | $- | $- | $13016251 |
| Short-Term Investments | 53953 | - | - | 53953 |
| Total Investments in Securities | $13070204 | $- | $- | $13070204 |
| ^See Schedule of Investments for breakout of investments by country classification. | ^See Schedule of Investments for breakout of investments by country classification. | ^See Schedule of Investments for breakout of investments by country classification. | ^See Schedule of Investments for breakout of investments by country classification. |  |
| For the period ended January 31, 2023, the Fund did not recognize any transfers to or from Level 3. | For the period ended January 31, 2023, the Fund did not recognize any transfers to or from Level 3. | For the period ended January 31, 2023, the Fund did not recognize any transfers to or from Level 3. | For the period ended January 31, 2023, the Fund did not recognize any transfers to or from Level 3. | For the period ended January 31, 2023, the Fund did not recognize any transfers to or from Level 3. |

---

## 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:** ETFB Green SRI REITs ETF

- **b. EDGAR series identifier (if any):** S000070018

- **c. LEI of Series:** 54930090D6YDE8U9GQ62

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $13091314.81

**Total Liabilities:** $8633.21

**Net Assets:** $13082681.60

**Cash Not Reported:** $26.82

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000222922 | 7.19%                | -4.26%               | 10.19%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-162.32                 | $782477.83                                 |
| Month 2  | $-404087.89              | $-165541.62                                |
| Month 3  | $28.45                   | $1205683.37                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Camden Property Trust          | Camden Property Trust                      | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |      3046 | NS      | $375297.66    | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Healthcare Trust Inc | Community Healthcare Trust Inc             | CUSIP: 20369C106<br>LEI: 549300FATSRCMKOV9536 | Long             | EC               | CORP              | US        |        66 | NS      | $2830.08      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                 | Public Storage                             | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |      3854 | NS      | $1172926.36   | 8.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc  | Rexford Industrial Realty Inc              | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |      2248 | NS      | $142680.56    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc            | Sun Communities Inc                        | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      2052 | NS      | $321876.72    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Arena REIT                     | Arena REIT                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |      7600 | NS      | $19975.48     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| PARAGON REIT                   | PARAGON REIT                               | CUSIP: N/A<br>LEI: 549300147IMZFE7VYR26       | Long             | EC               | CORP              | SG        |     59678 | NS      | $44269.83     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SOSiLA Logistics REIT Inc      | SOSiLA Logistics REIT Inc                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        15 | NS      | $14914.07     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                      | CubeSmart                                  | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5253 | NS      | $240534.87    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Tritax Big Box REIT PLC        | Tritax Big Box REIT PLC                    | CUSIP: N/A<br>LEI: 213800L6X88MIYPVR714       | Long             | EC               | CORP              | GB        |     65782 | NS      | $126173.68    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Hall Social Infrastruc | Charter Hall Social Infrastructure REIT    | CUSIP: N/A<br>LEI: 254900W31UGIMDQW3W98       | Long             | EC               | CORP              | AU        |      7872 | NS      | $19248.16     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Custodian Property Income Reit | Custodian Property Income Reit PLC         | CUSIP: N/A<br>LEI: 2138001BOD1J5XK1CX76       | Long             | EC               | CORP              | GB        |      3449 | NS      | $3872.42      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Healthcare REIT PLC     | Target Healthcare REIT PLC                 | CUSIP: N/A<br>LEI: 213800RXPY9WULUSBC04       | Long             | EC               | CORP              | GB        |      3700 | NS      | $3689.61      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexus Industria REIT           | Dexus Industria REIT                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |      4738 | NS      | $10283.02     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Impact Healthcare Reit PLC     | Impact Healthcare Reit PLC                 | CUSIP: N/A<br>LEI: 213800AX3FHPMJL4IJ53       | Long             | EC               | CORP              | GB        |     14502 | NS      | $18567.59     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc            | STAG Industrial Inc                        | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |       367 | NS      | $13065.20     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Real Estate Investment | Granite Real Estate Investment Trust       | CUSIP: 387437114<br>LEI: 549300A6I7CLE0ZC0396 | Long             | EC               | CORP              | CA        |      9807 | NS      | $598481.67    | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin Inc        | Alexander & Baldwin Inc                    | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1748 | NS      | $34994.96     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust  | First Industrial Realty Trust Inc          | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3334 | NS      | $177868.90    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Stockland                      | Stockland                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |      8617 | NS      | $23862.91     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Physicians Realty Trust        | Physicians Realty Trust                    | CUSIP: 71943U104<br>LEI: 549300ITOVH0OY7PZC34 | Long             | EC               | CORP              | US        |       388 | NS      | $6153.68      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                   | Prologis Inc                               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     19478 | NS      | $2518115.84   | 19.25%            |  |  |  | No            |                  1 | On Loan: No      |
| NSI NV                         | NSI NV                                     | CUSIP: N/A<br>LEI: 724500I77C30W2LZZJ03       | Long             | EC               | CORP              | NL        |      4578 | NS      | $119326.22    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Fudosan Logistics Park  | Mitsui Fudosan Logistics Park Inc          | CUSIP: N/A<br>LEI: 353800DN63EIYS760S59       | Long             | EC               | CORP              | JP        |        36 | NS      | $125541.16    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| BWP Trust                      | BWP Trust                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     14430 | NS      | $39859.07     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc      | AvalonBay Communities Inc                  | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      6120 | NS      | $1085932.80   | 8.30%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITE Group PLC/The            | UNITE Group PLC/The                        | CUSIP: G9283N101<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               | CORP              | GB        |      6798 | NS      | $83439.28     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communit | Mid-America Apartment Communities Inc      | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      3047 | NS      | $507995.84    | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirvac Group                   | Mirvac Group                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    115461 | NS      | $184686.83    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodman Property Trust         | Goodman Property Trust                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NZ        |     27216 | NS      | $36231.95     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |     53953 | NS      | $53952.55     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ABRDN PROPERTY INCOME TRUST LT | ABRDN PROPERTY INCOME TRUST LTD            | CUSIP: G79022110<br>LEI: 549300HHFBWZRKC7RW84 | Long             | EC               | CORP              | GB        |     12823 | NS      | $10419.04     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp              | Agree Realty Corp                          | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1013 | NS      | $75600.19     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equitie | Alexandria Real Estate Equities Inc        | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |      3978 | NS      | $639423.72    | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent          | American Homes 4 Rent                      | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |      5509 | NS      | $188903.61    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT Inc     | Apple Hospitality REIT Inc                 | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |      5477 | NS      | $97107.21     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties In | Equity LifeStyle Properties Inc            | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |       122 | NS      | $8757.16      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Shaftesbury PLC                | Shaftesbury PLC                            | CUSIP: N/A<br>LEI: 213800N7LHKFNTDKAT98       | Long             | EC               | CORP              | GB        |      2234 | NS      | $10825.11     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc       | EastGroup Properties Inc                   | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |      1010 | NS      | $169932.50    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc      | Healthpeak Properties Inc                  | CUSIP: 42250P103<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | EC               | CORP              | US        |     32774 | NS      | $900629.52    | 6.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc           | Invitation Homes Inc                       | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12177 | NS      | $395752.50    | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust           | LXP Industrial Trust                       | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |      8990 | NS      | $103834.50    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp           | Regency Centers Corp                       | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |      5561 | NS      | $370529.43    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp            | Terreno Realty Corp                        | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1780 | NS      | $114685.40    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Realty Income | Universal Health Realty Income Trust       | CUSIP: 91359E105<br>LEI: 549300L4MWZL4IH6H172 | Long             | EC               | CORP              | US        |       492 | NS      | $26966.52     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                  | Welltower Inc                              | CUSIP: 95040Q104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6028 | NS      | $452341.12    | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CT Property Trust Ltd          | CT Property Trust Ltd                      | CUSIP: N/A<br>LEI: 2138001XRCB89W6XTR23       | Long             | EC               | CORP              | GB        |      6839 | NS      | $5977.85      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Logistics Fund Inc       | Japan Logistics Fund Inc                   | CUSIP: N/A<br>LEI: 3538004KZWISCQO70151       | Long             | EC               | CORP              | JP        |        48 | NS      | $109291.40    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Picton Property Income Ltd/The | Picton Property Income Ltd/The             | CUSIP: N/A<br>LEI: 213800RYE59K9CKR4497       | Long             | EC               | CORP              | GB        |     15014 | NS      | $14232.51     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosperity REIT                | Prosperity REIT                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |    714000 | NS      | $207681.27    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Safestore Holdings PLC         | Safestore Holdings PLC                     | CUSIP: N/A<br>LEI: 213800WGA3YSJC1YOH73       | Long             | EC               | CORP              | GB        |      3416 | NS      | $42306.79     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Balanced Commercial Property T | Balanced Commercial Property Trust Ltd     | CUSIP: N/A<br>LEI: 213800A2B1H4ULF3K397       | Long             | EC               | CORP              | GG        |      9168 | NS      | $8961.68      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Segro PLC                      | Segro PLC                                  | CUSIP: N/A<br>LEI: 213800XC35KGM9NFC641       | Long             | EC               | CORP              | GB        |     22631 | NS      | $231302.71    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| GLP J-Reit                     | GLP J-Reit                                 | CUSIP: N/A<br>LEI: 353800E27V9KA51K2I90       | Long             | EC               | CORP              | JP        |       308 | NS      | $347445.88    | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Prologis REIT Inc       | Nippon Prologis REIT Inc                   | CUSIP: N/A<br>LEI: 353800PHBMSDLAFURY41       | Long             | EC               | CORP              | JP        |       162 | NS      | $366616.17    | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage REIT          | National Storage REIT                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     27050 | NS      | $44030.54     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-30

**Name of Applicant:** ETF Series Solutions

**Signature:** /s/ Kristen Weitzel

**Name of Signer:** ETF Series Solutions

**Title:** Treasurer