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
2024-03-31
N
187371564.326600000000
7696694.026306000000
179674870.300300000000
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
2732784.420000000000
N
Carmel Partners Investment Fund III, L.P.
N/A
Carmel Partners Investment Fund III, L.P.
999999999
353186.03
OU
Other Units
USD
353186.03
0.1965695199
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
4627790.39
OU
Other Units
USD
4627790.39
2.5756469907
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
12215275.59
6.7985442648
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
2366759
OU
Other Units
USD
2366759
1.3172454200
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
3566028.35
OU
Other Units
USD
3566028.35
1.9847117986
Long
PF
US
Y
N/A
N
N
N
Electron Global Fund, L.P.
N/A
Electron Global Fund, L.P.
999999999
6440823.82
OU
Other Units
USD
6440823.82
3.5847104324
Long
PF
US
Y
N/A
N
N
N
Energy Impact Fund II LP
N/A
Energy Impact Fund II LP
999999999
4694664.46
OU
Other Units
USD
4694664.46
2.6128664805
Long
PF
US
Y
N/A
N
N
N
Fidelity International Real Estate Fd (FIREX)
N/A
Fidelity International Real Estate Fd (FIREX)
316389840
1104793.867
NS
USD
11014794.85
6.1304036739
Long
RF
US
N
1
N
N
N
GCP SecureSpace Property Partners LP
N/A
GCP SecureSpace Property Partners LP
999999999
5123197.39
OU
Other Units
USD
5123197.39
2.8513711358
Long
PF
US
Y
N/A
N
N
N
GEM Realty Securities, L.P.
N/A
GEM Realty Securities, L.P.
999999999
12876262.6
OU
Other Units
USD
12876262.6
7.1664237623
Long
PF
US
Y
N/A
N
N
N
GI Data Infrastructure Fund LP
N/A
GI Data Infrastructure Fund LP
999999999
9779536
OU
Other Units
USD
9779536
5.4429069483
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
3645978
2.0292086444
Long
RF
US
N
1
N
N
N
Green Courte Real Estate Partners III, LLC
N/A
Green Courte Real Estate Partners III, LLC
999999999
5682592.69
OU
Other Units
USD
5682592.69
3.1627086640
Long
PF
US
Y
N/A
N
N
N
Hampshire Partners VIII, LLC
N/A
Hampshire Partners VIII, LLC
999999999
120813
OU
Other Units
USD
120813
0.0672397870
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
3122.9493
NS
USD
3939488
2.1925648219
Long
PF
US
Y
N/A
N
N
N
HighBrook Property Fund IV (TEF), LP
N/A
HighBrook Property Fund IV (TEF), LP
999999999
7914679.09
OU
Other Units
USD
7914679.09
4.4050005862
Long
PF
US
Y
N/A
N
N
N
Invesco S&P Global Water ETF (CGW)
N/A
Invesco S&P Global Water ETF (CGW)
46138E263
71325
NS
USD
3960677.25
2.2043579291
Long
RF
US
N
1
N
N
N
iShares Gold Trust (IAU)
N/A
iShares Gold Trust (IAU)
464285204
203095
NS
USD
8532020.95
4.7485889016
Long
RF
US
N
1
N
N
N
Lazard Global Listed Infrastructure Inst (GLIFX)
N/A
Lazard Global Listed Infrastructure Inst (GLIFX)
52106N459
563674.322
NS
USD
8827139.88
4.9128405465
Long
RF
US
N
1
N
N
N
Metropolitan Real Estate Partners International III-T, L.P.
N/A
Metropolitan Real Estate Partners International III-T, L.P.
999999999
166237.72
OU
Other Units
USD
166237.72
0.0925214081
Long
PF
US
Y
N/A
N
N
N
Money Market II Special
N/A
Money Market II Special
SF8888628
3087816.85
PA
USD
3087816.85
1.7185579958
Long
STIV
RF
US
N
1
N
N
N
Paladin Realty Brazil Investors III (US-A), LP
N/A
Paladin Realty Brazil Investors III (US-A), LP
999999999
50226
OU
Other Units
USD
50226
0.0279538257
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
-313972
OU
Other Units
USD
-313972
-0.1747445258
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
5036887.98
OU
Other Units
USD
5036887.98
2.8033346965
Long
PF
US
Y
N/A
N
N
N
Bayview MSR Opportunity Offshore, L.P.
N/A
Bayview MSR Opportunity Offshore, L.P.
999999999
4654595.83
OU
Other Units
USD
4654595.83
2.5905658494
Long
PF
KY
Y
N/A
N
N
N
Beacon Capital Strategic Partners VI, L.P.
N/A
Beacon Capital Strategic Partners VI, L.P.
999999999
15826
OU
Other Units
USD
15826
0.0088081321
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
5356259.83
2.9810845674
Long
PF
US
Y
N/A
N
N
N
Prime Finance Partners IV, L.P.
N/A
Prime Finance Partners IV, L.P.
999999999
4526.19
OU
Other Units
USD
4526.19
0.0025191002
Long
PF
US
Y
N/A
N
N
N
Prime Property Fund
N/A
Prime Property Fund
999999999
745.423
NS
USD
14737213.97
8.2021564537
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
443940.319
NS
USD
12044100.85
6.7032751046
Long
RF
US
N
1
N
N
N
Rush Island LP
N/A
Rush Island LP
999999999
3209338.59
OU
Other Units
USD
3209338.59
1.7861922397
Long
PF
US
Y
N/A
N
N
N
Sculptor Real Estate Fund IV LP
N/A
Sculptor Real Estate Fund IV LP
999999999
6551095.33
OU
Other Units
USD
6551095.33
3.6460832386
Long
PF
US
Y
N/A
N
N
N
Sustainable Asset Fund III, LP
N/A
Sustainable Asset Fund III, LP
999999999
3466328.5
OU
Other Units
USD
3466328.5
1.9292227645
Long
PF
US
Y
N/A
N
N
N
Vanguard Real Estate ETF (VNQ)
N/A
Vanguard Real Estate ETF (VNQ)
922908553
108962
NS
USD
9423033.76
5.2444917557
Long
RF
US
N
1
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
106603.14
0.0593311351
Long
RF
US
N
1
N
N
N
2024-05-22
Aspiriant Risk-Managed Real Assets Fund
/s/ Ben Schmidt
Ben Schmidt
Treasurer