FULLERTHALER BEHAVIORAL SMALL CAP EQUITY

Capitol Series Trust · Series S000051163 · 5 share classes

Equity fund · 94% stocks
One fund, 5 share classes:FTHNXFTHFXFTHSXFTYCXFTHAX
$11.18B NAV
118 positions · as of 2026-03-31 · filed 2026-05-28
data updated 2026-08-17

Fund profile

As filed in the prospectus · 2026 Q1

The FullerThaler Behavioral Small-Cap Equity Fund (the ?Small-Cap Equity Fund? or the ?Fund?) seeks long-term capital appreciation.

Strategy · summarised

The fund invests in small-cap U.S. stocks selected through a behavioral finance framework that identifies investor mistakes—overreactions to bad news or underreactions to good news—and then applies fundamental analysis to confirm solid company fundamentals before buying. The fund may concentrate more than 25% of assets in a single sector when its behavioral strategy indicates this is appropriate, though it will not exceed 25% in any single industry. Because the fund's security selection depends on identifying and exploiting specific behavioral patterns and events, its holdings and performance may diverge materially from the Russell 2000 Index.

Expenses
0.64% 1.64%across 5 share classes
Share classExpense ratio
FTHNX1.05%
FTHFX0.64%
FTHSX0.76%
FTYCX1.64%
FTHAX1.07%

Portfolio turnover 28.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

100.44%
of net assets
Stocks93.74%
Cash & short-term6.70%

Latest quarter

What changed since the fund's previous filing

2026Q1 vs 2025Q4: 7 new8 exited

New: TTEK, LRN, MOG/A, PEGA, INDV, NMIH, ST

Exited: Indivior PLC, Rev Group Inc, Cadence Bank, BLD, CVLT, ZD, OZK, TNC

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

Share class1-year3-year5-yearVolWorst fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Fidelity Colchester Street Trust5.71%$638.31M
Allison Transmission Holdings IncALSN2.97%$332.05M
Primoris Services Corp.PRIM2.74%$305.99M
Jazz Pharmaceuticals PLCJAZZ2.71%$302.70M
Exelixis, Inc.EXEL2.70%$302.29M
Comfort Systems USA Inc.FIX2.67%$298.84M
Match Group IncMTCH2.03%$227.06M
Cirrus Logic, Inc.CRUS1.89%$211.14M
BorgWarner Inc.BWA1.89%$211.15M
Encompass Health CorporationEHC1.84%$205.48M
Showing 10 of 118Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-03-31 — not a live quote, and not what the fund paid.

Top 10 positions are 27.14% of net assets, top 25 49.40%, across 118 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free