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      <regStreet1>200 West Madison St</regStreet1>
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      <regCity>Chicago</regCity>
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            <writtenOrPur>Written</writtenOrPur>
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      <invstOrSec>
        <name>Ally Financial Inc.</name>
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        <name>CHICAGO MERCANTILE EXCHANGE (FLOOR)</name>
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        <name>ING Groep N.V.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Fnma Pass-Thru I</name>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association </title>
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        <name>NextEra Energy Capital Holdings Inc</name>
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        <name>Occidental Petroleum Corporation</name>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool </title>
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        <name>Citizens Financial Group Inc</name>
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        <name>Discover Financial Services</name>
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        <name>Eaton Corporation PLC</name>
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        <title>Eaton Corp. PLC </title>
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        <name>Stanley Black &amp; Decker, Inc.</name>
        <lei>549300DJ09SMTO561131</lei>
        <title>Stanley Black &amp; Decker Inc </title>
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        <name>Capital One Financial Corp.</name>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
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          <ticker value="TYM4 COMDTY"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <name>Vistra Energy Corporation</name>
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        <title>Vistra Corp </title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <title>Freddie Mac Pool </title>
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        <name>U.S. Bancorp.</name>
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      <invstOrSec>
        <name>Aegis Asset Backed Secs Trust</name>
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          <isin value="US00764MFD48"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>First American Funds Inc.</name>
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        <title>First American Treasury Obligations Fund </title>
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          <isin value="US31846V3289"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLMC Multifamily Structured Pass Through Certs </title>
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      <invstOrSec>
        <name>Independence Plaza Trust</name>
        <lei>N/A</lei>
        <title>Independence Plaza Trust 2018-INDP </title>
        <cusip>45378YAN4</cusip>
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          <isin value="US45378YAN40"/>
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        <balance>1500000.00000000</balance>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLMC Multifamily Structured Pass Through Certs </title>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association </title>
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          <isin value="US38380RUJ75"/>
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        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP </title>
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      <invstOrSec>
        <name>United States Treasury Notes</name>
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        <title>United States Treasury Note </title>
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      <invstOrSec>
        <name>Residential Asset Mortgage Products, Inc.</name>
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        <name>Lloyds Banking Group PLC</name>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association </title>
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        <name>Barclays PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC </title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Agnico Eagle Mines Ltd</name>
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        <name>Commerzbank AG</name>
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        <name>Synchrony Financial</name>
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        <name>Hi-Fi Music IP Issuer II LP</name>
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        <name>THE OPTIONS CLEARING CORPORATION</name>
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        <name>American Electric Power Co, Inc.</name>
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        <name>THE OPTIONS CLEARING CORPORATION</name>
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        <name>UBS Group AG</name>
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        <name>THE OPTIONS CLEARING CORPORATION</name>
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        <name>Broadcom Inc</name>
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        <name>Societe Generale S.A.</name>
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      <invstOrSec>
        <name>Planet Fitness Inc.</name>
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        <title>Planet Fitness Master Issuer LLC </title>
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        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Pool </title>
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        <name>Svenska Handelsbanken AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>Svenska Handelsbanken AB </title>
        <cusip>W9T10ZZQ1</cusip>
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        <balance>2000000.00000000</balance>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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          <isin value="US3137F9Z200"/>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <title>Newmont Goldcorp Corp. </title>
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        <name>Chicago Board of Trade</name>
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        <name>American Express Company</name>
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        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG </title>
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        <name>M&amp;T Bank Corporation</name>
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        <name>J P Morgan Mortgage Acquisition Corporation</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <title>FHLMC Multifamily Structured Pass Through Certs </title>
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        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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      <invstOrSec>
        <name>THE OPTIONS CLEARING CORPORATION</name>
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        <title>United Rentals Inc. Call @ 780 June 2024</title>
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        <name>Stryker Corporation</name>
        <lei>5493002F0SC4JTBU5137</lei>
        <title>Stryker Corp. </title>
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      <invstOrSec>
        <name>THE OPTIONS CLEARING CORPORATION</name>
        <lei>549300CII6SLYGKNHA04</lei>
        <title>Qualcomm Inc. Call @ 210 June 2024</title>
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        <name>QUALCOMM Inc.</name>
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        <name>ALIGNED DATA CENTERS ISSUER LLC</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Comerica Incorporated</name>
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        <name>NatWest Group PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
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        <name>Plains All American Pipeline L.P.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>KeyCorp</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>LIBRA SOLUTIONS 2023-1 LLC</name>
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        <name>Government National Mortgage Association</name>
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        <name>Alamos Gold Inc.</name>
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        <name>Phillips 66</name>
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        <name>Standard Chartered PLC</name>
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        <name>Parker-Hannifin Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <title>Freddie Mac Multiclass Certs Series 2015-P001 </title>
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        <name>Paramount Global</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>Paramount Global </title>
        <cusip>92556HAE7</cusip>
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          <isin value="US92556HAE71"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1388799.23000000</valUSD>
        <pctVal>0.843549156044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-03-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500016</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FBR Securitization</name>
        <lei>N/A</lei>
        <title>FBR Securitization Trust </title>
        <cusip>30246QCQ4</cusip>
        <identifiers>
          <isin value="US30246QCQ47"/>
        </identifiers>
        <balance>683583.75000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>665228.91000000</valUSD>
        <pctVal>0.404056449258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.90132880</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marathon Petroleum Company</name>
        <lei>3BNYRYQHD39K4LCKQF12</lei>
        <title>Marathon Petroleum Corp. </title>
        <cusip>56585A102</cusip>
        <identifiers>
          <isin value="US56585A1025"/>
        </identifiers>
        <balance>3102.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>563695.44000000</valUSD>
        <pctVal>0.342385567622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Group, Inc.</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group, Inc./The </title>
        <cusip>38141GYU2</cusip>
        <identifiers>
          <isin value="US38141GYU20"/>
        </identifiers>
        <balance>2920000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2703095.68000000</valUSD>
        <pctVal>1.641845725656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500088</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Paramount Global</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>Paramount Global </title>
        <cusip>92553PBC5</cusip>
        <identifiers>
          <isin value="US92553PBC59"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>877430.80000000</valUSD>
        <pctVal>0.532946731852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000012</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Renaissance Mtg Ac</name>
        <lei>N/A</lei>
        <title>Renaissance Home Equity Loan Trust 2005-3 </title>
        <cusip>75970NBE6</cusip>
        <identifiers>
          <isin value="US75970NBE67"/>
        </identifiers>
        <balance>467329.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>459879.44000000</valUSD>
        <pctVal>0.279328289585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.14000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREMF Mortgage Trust</name>
        <lei>N/A</lei>
        <title>FREMF 2016-K55 Mortgage Trust </title>
        <cusip>30289HAG6</cusip>
        <identifiers>
          <isin value="US30289HAG65"/>
        </identifiers>
        <balance>1445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1384701.74000000</valUSD>
        <pctVal>0.841060362734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.16733480</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mtg Ac7</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Acquisition Trust 2007-CH3 </title>
        <cusip>46630XAF5</cusip>
        <identifiers>
          <isin value="US46630XAF50"/>
        </identifiers>
        <balance>409914.99000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>400415.21000000</valUSD>
        <pctVal>0.243210037251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.69133000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>S&amp;P500 EMINI OPTN JUN24C ESM4C 5350 Index </title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ESM4C5350 06/21/2024"/>
        </identifiers>
        <balance>500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>293750.00000000</valUSD>
        <pctVal>0.178422164439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>WELLS FARGO SECURITIES LLC</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>S&amp;P500 EMINI OPTN JUN24C ESM4C 5350 Index </issueTitle>
                <identifiers>
                  <ticker value="ESM4C5350 06/21/2024"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>50.00000000</shareNo>
            <exercisePrice>5350.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2024-06-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-468750.00000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae-Aces </title>
        <cusip>3136BDXP8</cusip>
        <identifiers>
          <isin value="US3136BDXP80"/>
        </identifiers>
        <balance>380061.13000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>369791.92000000</valUSD>
        <pctVal>0.224609616199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC </title>
        <cusip>404280CQ0</cusip>
        <identifiers>
          <isin value="US404280CQ03"/>
        </identifiers>
        <balance>1254000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1026142.81000000</valUSD>
        <pctVal>0.623273604030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000032</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2024-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>North Square Investments Trust</ncom:nameOfApplicant>
      <ncom:signature>Zachary Richmond</ncom:signature>
      <ncom:signerName>Zachary Richmond</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
