NPORT-P
false
0001830921
XXXXXXXX
Aspiriant Real Assets Fund
811-23616
0001830921
2549008XM0CM21URLR65
235 West Galena Street
Milwaukee
53212
4142992270
Aspiriant Real Assets Fund
2549008XM0CM21URLR65
2026-03-31
2025-12-31
N
190662954.214900000000
3255332.359616000000
187407621.855300000000
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
391122.340000000000
N
Fidelity International Real Estate Fd
PQO8CVTW1FBUXT6K1P39
Fidelity International Real Estate Fd
316389840
764892.085
NS
USD
8100207.18
4.3222399921
Long
RF
US
N
1
N
N
N
Energy Impact Fund LP
N/A
Energy Impact Fund II LP
999999999
4200276.57
OU
Other Units
USD
4200276.57
2.2412517316
Long
PF
US
Y
N/A
N
N
N
Electron Infrastructure Fund, L.P.
N/A
Electron Infrastructure Fund, L.P.
999999999
2007024.36
OU
Other Units
USD
2007024.36
1.0709406267
Long
PF
US
Y
N/A
N
N
N
Electron Global Fund, L.P.
N/A
Electron Global Fund, L.P.
999999999
8212025.11
OU
Other Units
USD
8212025.11
4.3819056177
Long
PF
US
Y
N/A
N
N
N
Cross Lake Real Estate Fund LP
N/A
Cross Lake Real Estate Fund III LP
999999999
4230238.8
OU
Other Units
USD
4230238.8
2.2572394645
Long
PF
US
Y
N/A
N
N
N
Cerberus Institutional Real Estate Partners, L.P.
N/A
Cerberus Institutional Real Estate Partners III, L.P.
999999999
1546353
OU
Other Units
USD
1546353
0.8251281270
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
11330316.74
6.0458142672
Long
PF
US
Y
N/A
N
N
N
Carmel Partners Investment Fund, L.P.
N/A
Carmel Partners Investment Fund V, L.P.
999999999
4777930.37
OU
Other Units
USD
4777930.37
2.5494856200
Long
PF
US
Y
N/A
N
N
N
Carmel Partners Investment Fund, L.P.
N/A
Carmel Partners Investment Fund III, L.P.
999999999
345543.98
OU
Other Units
USD
345543.98
0.1843809641
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
5336212.08
2.8473826343
Long
PF
US
Y
N/A
N
N
N
Beacon Capital Strategic Partners, L.P.
N/A
Beacon Capital Strategic Partners VI, L.P.
999999999
14732
OU
Other Units
USD
14732
0.0078609396
Long
PF
US
Y
N/A
N
N
N
Bayview MSR Opportunity Offshore, L.P.
N/A
Bayview MSR Opportunity Offshore, L.P.
999999999
11478076.06
OU
Other Units
USD
11478076.06
6.1246580829
Long
PF
KY
Y
N/A
N
N
N
Vanguard Short-Term Inflation-Protected Securities ETF
N/A
Vanguard Short-Term Inflation-Protected Securities ETF
922020805
2226
NS
USD
110097.96
0.0587478561
Long
RF
US
N
1
N
N
N
Vanguard Real Estate ETF
N/A
Vanguard Real Estate ETF
922908553
20686
NS
USD
1830504.14
0.9767501033
Long
RF
US
N
1
N
N
N
Vanguard Global ex-U.S. Real Estate ETF
N/A
Vanguard Global ex-U.S. Real Estate ETF
922042676
7785
NS
USD
356864.4
0.1904214975
Long
RF
US
N
1
N
N
N
GI Data Infrastructure Fund LP
N/A
GI Data Infrastructure Fund LP
999999999
4809693.44
OU
Other Units
USD
4809693.44
2.5664342743
Long
PF
US
Y
N/A
N
N
N
GI Data Infrastructure Fund LP
N/A
GI Data Infrastructure Fund LP
999999999
6408793.84
OU
Other Units
USD
6408793.84
3.4197082149
Long
PF
US
Y
N/A
N
N
N
GEM Realty Securities, L.P.
N/A
GEM Realty Securities, L.P.
999999999
3596705.01
OU
Other Units
USD
3596705.01
1.9191882243
Long
PF
US
Y
N/A
N
N
N
GCP VI Feeder A, LP
N/A
GCP VI Feeder A, LP
999999999
490903.17
OU
Other Units
USD
490903.17
0.2619440795
Long
PF
US
Y
N/A
N
N
N
Sustainable Asset Fund, LP
N/A
Sustainable Asset Fund III, LP
999999999
4367545.35
OU
Other Units
USD
4367545.35
2.3305057216
Long
PF
US
Y
N/A
N
N
N
SecureSpace Property Partners LP
N/A
SecureSpace Property Partners LP
999999999
7823190.65
OU
Other Units
USD
7823190.65
4.1744250167
Long
PF
US
Y
N/A
N
N
N
Sculptor Real Estate Fund LP
N/A
Sculptor Real Estate Fund IV LP
999999999
7848285.07
OU
Other Units
USD
7848285.07
4.1878153046
Long
PF
US
Y
N/A
N
N
N
Rush Island LP
N/A
Rush Island LP
999999999
3608356.26
OU
Other Units
USD
3608356.26
1.9254052873
Long
PF
US
Y
N/A
N
N
N
Principal Real Estate Securities Fund
5493007VCVKAGWPVUY18
Principal Real Estate Securities Fund I
74253Q580
547118.813
NS
USD
15171604.68
8.0955110202
Long
RF
US
N
1
N
N
N
Prime Property Fund
N/A
Prime Property Fund
999999999
577.304
NS
USD
10978134.1
5.8578909392
Long
PF
US
Y
N/A
N
N
N
Paulson Real Estate Fund, L.P.
N/A
Paulson Real Estate Fund II, L.P.
999999999
5513200.26
OU
Other Units
USD
5513200.26
2.9418228594
Long
PF
US
Y
N/A
N
N
N
Paladin Realty Brazil Investors, LP
N/A
Paladin Realty Brazil Investors III (US-A), LP
999999999
28222
OU
Other Units
USD
28222
0.0150591527
Long
PF
US
Y
N/A
N
N
N
Oaktree Power Opportunities Fund, L.P.
N/A
Oaktree Power Opportunities Fund VII, L.P.
999999999
983895
OU
Other Units
USD
983895
0.5250026601
Long
PF
US
Y
N/A
N
N
N
Metropolitan Real Estate Partners International, L.P.
N/A
Metropolitan Real Estate Partners International III-T, L.P.
999999999
83744.63
OU
Other Units
USD
83744.63
0.0446858186
Long
PF
US
Y
N/A
N
N
N
Lazard Global Listed Infrastructure Inst
2QU5TWCQY9IC4WFFTW94
Lazard Global Listed Infrastructure Inst
52106N459
563674.322
NS
USD
10241962.43
5.4650725134
Long
RF
US
N
1
N
N
N
iShares Gold Trust
5493006UOY7GXQWOIP42
iShares Gold Trust
464285204
203095
NS
USD
16485221.15
8.7964518128
Long
RF
US
N
1
N
N
N
Invesco Water Resources ETF
5493006HBGV3BGXGOM22
Invesco Water Resources ETF
46137V142
36903
NS
USD
2598321.78
1.3864546993
Long
RF
US
N
1
N
N
N
Invesco S&P Global Water ETF
549300RFDFWI2IHZ7J53
Invesco S&P Global Water ETF
46138E263
71325
NS
USD
4494266.71
2.3981237612
Long
RF
US
N
1
N
N
N
HighBrook Property Fund, LP
N/A
HighBrook Property Fund IV (TEF), LP
999999999
11870075.05
OU
Other Units
USD
11870075.05
6.3338272651
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
1989.5656
NS
USD
2501006
1.3345273662
Long
PF
US
Y
N/A
N
N
N
Hampshire Partners, LLC
N/A
Hampshire Partners VIII, LLC
999999999
21307
OU
Other Units
USD
21307
0.0113693348
Long
PF
US
Y
N/A
N
N
N
Green Courte Real Estate Partners, LLC
N/A
Green Courte Real Estate Partners III, LLC
999999999
227996.39
OU
Other Units
USD
227996.39
0.1216580136
Long
PF
US
Y
N/A
N
N
N
Goldman Sachs FS Govt #466
549300BRJMXN4GUWZ402
Goldman Sachs FS Govt #466
38141W265
2596615.58
PA
USD
2596615.58
1.3855442774
Long
STIV
US
N
1
N
N
N
GMO Resources Fund
549300RZ6MOU726M7F60
GMO Resources Fund VI
362014409
107610.257
NS
USD
2312544
1.2339647540
Long
RF
US
N
1
N
N
N
2026-01-23
Aspiriant Real Assets Fund
/s/ Ben Schmidt
Ben Schmidt
President
XXXX