NPORT-P
false
0001830921
XXXXXXXX
Aspiriant Risk-Managed Real Assets Fund
811-23616
0001830921
2549008XM0CM21URLR65
235 West Galena Street
Milwaukee
53212
4142992270
Aspiriant Risk-Managed Real Assets Fund
2549008XM0CM21URLR65
2024-03-31
2023-12-31
N
182010575.856600000000
5598071.003890000000
176412504.852700000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
2515433.620000000000
N
Sculptor Real Estate Fund IV LP
N/A
Sculptor Real Estate Fund IV LP
999999999
6210574.03
OU
Other Units
USD
6210574.03
3.5204840128
Long
PF
US
Y
N/A
N
N
N
Rush Island LP
N/A
Rush Island LP
999999999
3291902.04
OU
Other Units
USD
3291902.04
1.8660253380
Long
PF
US
Y
N/A
N
N
N
Principal Real Estate Securities Fund I (PIREX)
N/A
Principal Real Estate Securities Fund I (PIREX)
74253Q580
460234.154
NS
USD
12789907.14
7.2500003051
Long
RF
US
N
1
N
N
N
Prime Property Fund
N/A
Prime Property Fund
999999999
762.272
NS
USD
15430237.6
8.7466801817
Long
PF
US
Y
N/A
N
N
N
Paulson Real Estate Fund II, L.P.
N/A
Paulson Real Estate Fund II, L.P.
999999999
4553089.36
OU
Other Units
USD
4553089.36
2.5809334570
Long
PF
US
Y
N/A
N
N
N
Paladin Realty Latin America Investors III, L.P.
N/A
Paladin Realty Latin America Investors III, L.P.
999999999
-311019.02
OU
Other Units
USD
-311019.02
-0.1763021393
Long
PF
US
Y
N/A
N
N
N
Paladin Realty Brazil Investors III (US-A), LP
N/A
Paladin Realty Brazil Investors III (US-A), LP
999999999
89539.11
OU
Other Units
USD
89539.11
0.0507555346
Long
PF
US
Y
N/A
N
N
N
Metropolitan Real Estate Partners International III-T, L.P.
N/A
Metropolitan Real Estate Partners International III-T, L.P.
999999999
165250.5
OU
Other Units
USD
165250.5
0.0936727814
Long
PF
US
Y
N/A
N
N
N
Lazard Global Listed Infrastructure Inst (GLIFX)
N/A
Lazard Global Listed Infrastructure Inst (GLIFX)
52106N459
563674.322
NS
USD
8612943.64
4.8822750106
Long
RF
US
N
1
N
N
N
iShares Gold Trust (IAU)
N/A
iShares Gold Trust (IAU)
464285204
203095
NS
USD
7926797.85
4.4933310462
Long
RF
US
N
1
N
N
N
Invesco S&P Global Water ETF (CGW)
N/A
Invesco S&P Global Water ETF (CGW)
46138E263
71325
NS
USD
3780795.6
2.1431562367
Long
RF
US
N
1
N
N
N
HighBrook Property Fund IV (TEF), LP
N/A
HighBrook Property Fund IV (TEF), LP
999999999
7389515
OU
Other Units
USD
7389515
4.1887705218
Long
PF
US
Y
N/A
N
N
N
Heitman America Real Estate Trust, L.P.
N/A
Heitman America Real Estate Trust, L.P.
999999999
3174.9127
NS
USD
4109901
2.3297106990
Long
PF
US
Y
N/A
N
N
N
Hampshire Partners VIII, LLC
N/A
Hampshire Partners VIII, LLC
999999999
150908.74
OU
Other Units
USD
150908.74
0.0855431083
Long
PF
US
Y
N/A
N
N
N
Green Courte Real Estate Partners III, LLC
N/A
Green Courte Real Estate Partners III, LLC
999999999
5801355.32
OU
Other Units
USD
5801355.32
3.2885170611
Long
PF
US
Y
N/A
N
N
N
GMO Resources Fund VI (GMOWX)
N/A
GMO Resources Fund VI (GMOWX)
362014409
166103.796
NS
USD
3805438
2.1571248609
Long
RF
US
N
1
N
N
N
GI Data Infrastructure Fund LP
N/A
GI Data Infrastructure Fund LP
999999999
9718031.55
OU
Other Units
USD
9718031.55
5.5086976732
Long
PF
US
Y
N/A
N
N
N
GEM Realty Securities, L.P.
N/A
GEM Realty Securities, L.P.
999999999
13046641.41
OU
Other Units
USD
13046641.41
7.3955309579
Long
PF
US
Y
N/A
N
N
N
GCP SecureSpace Property Partners LP
N/A
GCP SecureSpace Property Partners LP
999999999
3928588.85
OU
Other Units
USD
3928588.85
2.2269333193
Long
PF
US
Y
N/A
N
N
N
Fidelity International Real Estate Fd (FIREX)
N/A
Fidelity International Real Estate Fd (FIREX)
316389840
1364583.333
NS
USD
14027916.66
7.9517700130
Long
RF
US
N
1
N
N
N
Energy Impact Fund II LP
N/A
Energy Impact Fund II LP
999999999
4404418.85
OU
Other Units
USD
4404418.85
2.4966590966
Long
PF
US
Y
N/A
N
N
N
Electron Global Fund, L.P.
N/A
Electron Global Fund, L.P.
999999999
6017116.48
OU
Other Units
USD
6017116.48
3.4108219738
Long
PF
US
Y
N/A
N
N
N
Vanguard Short-Term Inflation-Protected Securities ETF (VTIP)
N/A
Vanguard Short-Term Inflation-Protected Securities ETF (VTIP)
922020805
2226
NS
USD
105712.74
0.0599236092
Long
RF
US
N
1
N
N
N
Vanguard Real Estate ETF (VNQ)
N/A
Vanguard Real Estate ETF (VNQ)
922908553
127136
NS
USD
11233736.96
6.3678801961
Long
RF
US
N
1
N
N
N
Sustainable Asset Fund III, LP
N/A
Sustainable Asset Fund III, LP
999999999
2631889.7
OU
Other Units
USD
2631889.7
1.4918952045
Long
PF
US
Y
N/A
N
N
N
Cross Lake Real Estate Fund III LP
N/A
Cross Lake Real Estate Fund III LP
999999999
3087278.07
OU
Other Units
USD
3087278.07
1.7500335776
Long
PF
US
Y
N/A
N
N
N
Cerberus Institutional Real Estate Partners III, L.P.
N/A
Cerberus Institutional Real Estate Partners III, L.P.
999999999
2650329
OU
Other Units
USD
2650329
1.5023475814
Long
PF
US
Y
N/A
N
N
N
CBRE U.S. Core Partners REIT Operating, LP
N/A
CBRE U.S. Core Partners REIT Operating, LP
999999999
7604024.1612
NS
USD
12427090.18
7.0443363357
Long
PF
US
Y
N/A
N
N
N
Carmel Partners Investment Fund V, L.P.
N/A
Carmel Partners Investment Fund V, L.P.
999999999
4430632.06
OU
Other Units
USD
4430632.06
2.5115181397
Long
PF
US
Y
N/A
N
N
N
Carmel Partners Investment Fund III, L.P.
N/A
Carmel Partners Investment Fund III, L.P.
999999999
339018.65
OU
Other Units
USD
339018.65
0.1921738203
Long
PF
US
Y
N/A
N
N
N
Blackstone RE Income Trust, Inc
N/A
Blackstone RE Income Trust, Inc
999999999
377547.038
NS
USD
5322544.88
3.0171018117
Long
PF
US
Y
N/A
N
N
N
Beacon Capital Strategic Partners VI, L.P.
N/A
Beacon Capital Strategic Partners VI, L.P.
999999999
17523.76
OU
Other Units
USD
17523.76
0.0099334001
Long
PF
US
Y
N/A
N
N
N
UMB Money Market II Special
N/A
UMB Money Market II Special
SF8888628
1538305.34
PA
USD
1538305.34
0.8719933665
Long
STIV
RF
US
N
1
N
N
N
2024-02-22
Aspiriant Risk-Managed Real Assets Fund
/s/ Ben Schmidt
Ben Schmidt
Treasurer
XXXX