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
2026-03-31
N
198012388.714900000000
9006770.838456000000
189005617.876400000000
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
4767707.770000000000
N
Invesco S&P Global Water ETF
549300RFDFWI2IHZ7J53
Invesco S&P Global Water ETF
46138E263
71325
NS
USD
4560520.5
2.4129020879
Long
RF
US
N
1
N
N
N
Invesco Water Resources ETF
5493006HBGV3BGXGOM22
Invesco Water Resources ETF
46137V142
36903
NS
USD
2467334.58
1.3054292289
Long
RF
US
N
1
N
N
N
iShares Gold Trust
5493006UOY7GXQWOIP42
iShares Gold Trust
464285204
203095
NS
USD
17904855.2
9.4731867768
Long
RF
US
N
1
N
N
N
Ara Energy Fund, SCSP
N/A
Ara Energy Fund I-A, SCSP
999999999
1201100.8
OU
Other Units
USD
1201100.8
0.6354841795
Long
PF
LU
Y
N/A
N
N
N
Bayview MSR Opportunity Offshore, L.P.
N/A
Bayview MSR Opportunity Offshore, L.P.
999999999
11507171.51
OU
Other Units
USD
11507171.51
6.0882695654
Long
PF
KY
Y
N/A
N
N
N
Beacon Capital Strategic Partners, L.P.
N/A
Beacon Capital Strategic Partners VI, L.P.
999999999
12924
OU
Other Units
USD
12924
0.0068378920
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
10878914.41
5.7558682817
Long
RF
US
N
1
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
0.0443080110
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
1522163
OU
Other Units
USD
1522163
0.8053533102
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
0.0149318313
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
4610919.37
OU
Other Units
USD
4610919.37
2.4395673641
Long
PF
US
Y
N/A
N
N
N
Prime Property Fund
N/A
Prime Property Fund
999999999
551.018
NS
USD
10485844.99
5.5479012253
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
15587414.98
8.2470643757
Long
RF
US
N
1
N
N
N
Rush Island LP
N/A
Rush Island LP
999999999
3486593.01
OU
Other Units
USD
3486593.01
1.8447033740
Long
PF
US
Y
N/A
N
N
N
Sculptor Real Estate Fund LP
N/A
Sculptor Real Estate Fund IV LP
999999999
8081373.88
OU
Other Units
USD
8081373.88
4.2757321030
Long
PF
US
Y
N/A
N
N
N
SecureSpace Property Partners LP
N/A
SecureSpace Property Partners LP
999999999
8409821.46
OU
Other Units
USD
8409821.46
4.4495087260
Long
PF
US
Y
N/A
N
N
N
Sustainable Asset Fund, LP
N/A
Sustainable Asset Fund III, LP
999999999
4470293.82
OU
Other Units
USD
4470293.82
2.3651645227
Long
PF
US
Y
N/A
N
N
N
Tema Electrification ETF
529900RQB63LH3HY1C41
Tema Electrification ETF
87975E834
14641
NS
USD
501307.84
0.2652343595
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
16626
NS
USD
739025.7
0.3910072665
Long
RF
US
N
1
N
N
N
Vanguard Real Estate ETF
N/A
Vanguard Real Estate ETF
922908553
14804
NS
USD
1313114.8
0.6947490846
Long
RF
US
N
1
N
N
N
Vanguard Short-Term Inflation-Protected Securities ETF
N/A
Vanguard Short-Term Inflation-Protected Securities ETF
922020805
2226
NS
USD
111188.7
0.0588282514
Long
RF
US
N
1
N
N
N
Blackstone RE Income Trust, Inc
N/A
Blackstone RE Income Trust, Inc
999999999
377547.038
NS
USD
5381366.71
2.8471993428
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
34994
OU
Other Units
USD
34994
0.0185147936
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
4866525.34
OU
Other Units
USD
4866525.34
2.5748045982
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
11301520.9
5.9794629530
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
1519403
OU
Other Units
USD
1519403
0.8038930361
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
4473682.01
OU
Other Units
USD
4473682.01
2.3669571626
Long
PF
US
Y
N/A
N
N
N
Electron Global Fund, L.P.
N/A
Electron Global Fund, L.P.
999999999
8361764.05
OU
Other Units
USD
8361764.05
4.4240822807
Long
PF
US
Y
N/A
N
N
N
Electron Infrastructure Fund, L.P.
N/A
Electron Infrastructure Fund, L.P.
999999999
2588887.89
OU
Other Units
USD
2588887.89
1.3697412379
Long
PF
US
Y
N/A
N
N
N
Energy Impact Fund LP
N/A
Energy Impact Fund II LP
999999999
3541040.48
OU
Other Units
USD
3541040.48
1.8735107029
Long
PF
US
Y
N/A
N
N
N
Fidelity International Real Estate Fd
PQO8CVTW1FBUXT6K1P39
Fidelity International Real Estate Fd
316389840
764892.085
NS
USD
7832494.95
4.1440540435
Long
RF
US
N
1
N
N
N
GCP VI Feeder A, LP
N/A
GCP VI Feeder A, LP
999999999
591275.2
OU
Other Units
USD
591275.2
0.3128347224
Long
PF
US
Y
N/A
N
N
N
GI Data Infrastructure Fund LP
N/A
GI Data Infrastructure Fund LP
999999999
6232213.59
OU
Other Units
USD
6232213.59
3.2973694962
Long
PF
US
Y
N/A
N
N
N
GI Data Infrastructure Fund LP
N/A
GI Data Infrastructure Fund LP
999999999
5310826.52
OU
Other Units
USD
5310826.52
2.8098776003
Long
PF
US
Y
N/A
N
N
N
GMO Resources Fund
549300RZ6MOU726M7F60
GMO Resources Fund VI
362014409
107610.257
NS
USD
3006631
1.5907627687
Long
RF
US
N
1
N
N
N
Goldman Sachs Financial Square Government Fund
549300BRJMXN4GUWZ402
Goldman Sachs Financial Square Government Fund
38141W265
2678063.46
PA
USD
2678063.46
1.4169226767
Long
STIV
US
N
1
N
N
N
Green Courte Real Estate Partners, LLC Liquidating Trust
N/A
Green Courte Real Estate Partners III, LLC Liquidating Trust
999999999
229331.66
OU
Other Units
USD
229331.66
0.1213358960
Long
PF
US
Y
N/A
N
N
N
Hampshire Partners, LLC
N/A
Hampshire Partners VIII, LLC
999999999
23788
OU
Other Units
USD
23788
0.0125858693
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
1545.6529
NS
USD
1936180
1.0244034128
Long
PF
US
Y
N/A
N
N
N
HighBrook Property Fund, LP
N/A
HighBrook Property Fund IV (TEF), LP
999999999
11655010.95
OU
Other Units
USD
11655010.95
6.1664891663
Long
PF
US
Y
N/A
N
N
N
HighBrook US DCF, LP
N/A
HighBrook US DCF, LP
999999999
1953151
OU
Other Units
USD
1953151
1.0333825110
Long
PF
US
Y
N/A
N
N
N
2026-05-29
Aspiriant Real Assets Fund
/s/ Ben Schmidt
Ben Schmidt
President