# EDGAR Filing Document

**Accession Number:** 0001464413
**File Stem:** 0001387131-23-000497
**Filing Date:** 2023-1
**Character Count:** 12784
**Document Hash:** 8b76de9af419b4bf179bd719f1a3a87d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001387131-23-000497.hdr.sgml**: 20230123

**ACCESSION NUMBER**: 0001387131-23-000497

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230123

**DATE AS OF CHANGE**: 20230123

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Starboard Investment Trust
- **CENTRAL INDEX KEY:** 0001464413
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22298
- **FILM NUMBER:** 23543956

**BUSINESS ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069
- **BUSINESS PHONE:** 252-972-9922 EXT.249

**MAIL ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069

## Series and Classes Contracts Data

### Arin Large Cap Theta Fund (Series ID: S000037782)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000116540 | Institutional Class Shares | AVOLX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Starboard Investment Trust

- **b. Investment Company Act file number:** 811-22298

- **c. CIK number of Registrant:** 0001464413

- **d. LEI of Registrant:** 549300IGQEISLESO0528

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

  - **Street Address 1:** 116 South Franklin Street

  - **City:** Rocky Mount

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 27804

  - **Telephone number:** 252-972-9922

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

- **a. Name of Series:** Arin Large Cap Theta Fund

- **b. EDGAR series identifier (if any):** S000037782

- **c. LEI of Series:** 549300LMEGOSEK6B6318

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**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:** $557612730.14

**Total Liabilities:** $392887603.91

**Net Assets:** $164725126.23

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000116540 | -8.09%               | 6.06%                | 4.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $-8741651.35             | $0.00                                      |

**Designated Index Information**

- **Index Name:** SPX

- **Index Identifier:** SPX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |      -100 | NC      | $0.00          | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |       100 | NC      | $0.00          | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |        50 | NC      | $32500.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |       100 | NC      | $0.00          | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |      -100 | NC      | $0.00          | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |       -50 | NC      | $-14750.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |       -60 | NC      | $-150.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |        60 | NC      | $23229000.00   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |      -500 | NC      | $-6250.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |     -3000 | NC      | $-15000.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |      1000 | NC      | $25000.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |       500 | NC      | $83750.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |      3050 | NC      | $221125.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |        -8 | NC      | $-2089920.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |       -16 | NC      | $-4020160.00   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |        -7 | NC      | $-1688960.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |       -12 | NC      | $-2775600.00   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |      -180 | NC      | $-37593900.00  | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |      -950 | NC      | $-210254000.00 | -1.28%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |        -5 | NC      | $-1058050.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |       -12 | NC      | $-2416320.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |        -7 | NC      | $-1898575.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |       -12 | NC      | $-3374460.00   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |       240 | NC      | $73969200.00   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |       -60 | NC      | $-150.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |      1112 | NC      | $357330080.00  | 2.17%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |       -24 | NC      | $-7467480.00   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |       -22 | NC      | $-6625630.00   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |       -37 | NC      | $-10783835.00  | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |      -414 | NC      | $-15322140.00  | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |      -166 | NC      | $-1371160.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |       166 | NC      | $2975550.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |      3000 | NC      | $7500.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |       166 | NC      | $14882730.00   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Short            | DE               |  | US        |      -166 | NC      | $-2490.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 SPX INDEX | OPTION  | CUSIP: 648815108<br>LEI: N/A | Long             | DE               |  | US        |        35 | NC      | $175.00        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-19

**Name of Applicant:** Starboard Investment Trust

**Signature:** Ashley Lanham

**Name of Signer:** Ashley Lanham

**Title:** Principal Accounting Officer/Principal Financial Officer