Eaton Vance NextShares Trust (EVSTC) NPORT-P Eaton Vance Stock NextShares (Mar 2021 report)

Eaton Vance

Stock NextShares

March 31, 2021 (Unaudited)

Eaton Vance Stock NextShares (the Fund), a diversified series of Eaton Vance NextShares Trust, invests substantially all of its investable assets in Stock Portfolio (the Portfolio) and owns a pro-rata interest in the Portfolio’s net assets. At March 31, 2021, the value of the Fund’s investment in the Portfolio was $7,958,495 and the Fund owned 1.0% of the Portfolio’s outstanding interests. The Portfolio’s Portfolio of Investments is set forth below.

Stock Portfolio

March 31, 2021

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 99.6%

Security	Shares		Value
Auto Components — 1.5%
Aptiv PLC		91,100	$	12,562,690
			$	12,562,690
Banks — 5.5%
JPMorgan Chase & Co.		176,020	$	26,795,525
PNC Financial Services Group, Inc. (The)		100,840		17,688,344
			$	44,483,869
Beverages — 3.7%
Coca-Cola Co. (The)		246,100	$	12,971,931
Coca-Cola European Partners PLC		320,800		16,732,928
			$	29,704,859
Biotechnology — 2.1%
AbbVie, Inc.		154,300	$	16,698,346
			$	16,698,346
Building Products — 1.4%
Trane Technologies PLC		67,400	$	11,158,744
			$	11,158,744
Capital Markets — 5.7%
Intercontinental Exchange, Inc.		124,500	$	13,904,160
S&P Global, Inc.		45,500		16,055,585
Tradeweb Markets, Inc., Class A		217,439		16,090,486
			$	46,050,231
Commercial Services & Supplies — 1.6%
Waste Management, Inc.		98,882	$	12,757,756
			$	12,757,756
Containers & Packaging — 1.3%
AptarGroup, Inc.		73,500	$	10,412,745
			$	10,412,745
Electric Utilities — 1.6%
NextEra Energy, Inc.		172,184	$	13,018,832
			$	13,018,832
Electrical Equipment — 1.9%
AMETEK, Inc.		120,300	$	15,365,919
			$	15,365,919

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Security	Shares		Value
Electronic Equipment, Instruments & Components — 1.2%
TE Connectivity, Ltd.		73,600	$	9,502,496
			$	9,502,496
Entertainment — 1.8%
Walt Disney Co. (The)(1)		78,500	$	14,484,820
			$	14,484,820
Equity Real Estate Investment Trusts (REITs) — 1.6%
Lamar Advertising Co., Class A		135,800	$	12,754,336
			$	12,754,336
Food & Staples Retailing — 2.2%
Sysco Corp.		225,200	$	17,732,248
			$	17,732,248
Health Care Equipment & Supplies — 4.0%
Boston Scientific Corp.(1)		408,500	$	15,788,525
Danaher Corp.		73,766		16,603,251
			$	32,391,776
Health Care Providers & Services — 2.1%
Anthem, Inc.		47,160	$	16,928,082
			$	16,928,082
Hotels, Restaurants & Leisure — 1.6%
Marriott International, Inc., Class A		89,000	$	13,181,790
			$	13,181,790
Insurance — 1.1%
Travelers Cos., Inc. (The)		60,100	$	9,039,040
			$	9,039,040
Interactive Media & Services — 8.7%
Alphabet, Inc., Class C(1)		19,929	$	41,225,727
Facebook, Inc., Class A(1)		99,244		29,230,336
			$	70,456,063
Internet & Direct Marketing Retail — 5.8%
Amazon.com, Inc.(1)		15,322	$	47,407,494
			$	47,407,494
IT Services — 9.2%
Automatic Data Processing, Inc.		67,300	$	12,684,031
Cognizant Technology Solutions Corp., Class A		181,612		14,187,529
PayPal Holdings, Inc.(1)		61,000		14,813,240
Shift4 Payments, Inc., Class A(1)		104,000		8,529,040
Visa, Inc., Class A		113,600		24,052,528
			$	74,266,368

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Security	Shares		Value
Life Sciences Tools & Services — 1.8%
Thermo Fisher Scientific, Inc.		32,500	$	14,832,350
			$	14,832,350
Machinery — 1.5%
Stanley Black & Decker, Inc.		60,900	$	12,159,903
			$	12,159,903
Oil, Gas & Consumable Fuels — 2.4%
Chevron Corp.		101,700	$	10,657,143
Phillips 66		103,725		8,457,737
			$	19,114,880
Pharmaceuticals — 2.7%
Sanofi		146,300	$	14,466,752
Zoetis, Inc.		49,300		7,763,764
			$	22,230,516
Professional Services — 1.7%
Booz Allen Hamilton Holding Corp.		99,200	$	7,988,576
Clarivate PLC(1)		217,164		5,730,958
			$	13,719,534
Road & Rail — 1.5%
Union Pacific Corp.		55,000	$	12,122,550
			$	12,122,550
Semiconductors & Semiconductor Equipment — 4.5%
Analog Devices, Inc.		75,900	$	11,770,572
Taiwan Semiconductor Manufacturing Co., Ltd. ADR		95,123		11,251,149
Texas Instruments, Inc.		71,479		13,508,816
			$	36,530,537
Software — 8.5%
Intuit, Inc.		18,836	$	7,215,318
Microsoft Corp.		245,120		57,791,942
nCino, Inc.(1)		61,286		4,089,002
			$	69,096,262
Specialty Retail — 1.5%
TJX Cos., Inc. (The)		188,740	$	12,485,151
			$	12,485,151

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Security	Shares		Value
Technology Hardware, Storage & Peripherals — 5.3%
Apple, Inc.		349,588	$	42,702,174
			$	42,702,174
Textiles, Apparel & Luxury Goods — 1.0%
VF Corp.		101,000	$	8,071,920
			$	8,071,920
Wireless Telecommunication Services — 1.6%
T-Mobile US, Inc.(1)		104,820	$	13,132,898
			$	13,132,898
Total Common Stocks (identified cost $530,832,199)			$	806,557,179
Short-Term Investments — 0.1%
Description	Units		Value
Eaton Vance Cash Reserves Fund, LLC, 0.10%(2)		650,152	$	650,152
Total Short-Term Investments (identified cost $650,152)			$	650,152
Total Investments — 99.7% (identified cost $531,482,351)			$	807,207,331
Other Assets, Less Liabilities — 0.3%			$	2,544,019
Net Assets — 100.0%			$	809,751,350

The percentage shown for each investment category in the Portfolio of Investments is based on net assets.

(1) Non-income producing security.

(2) Affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of March 31, 2021.

Abbreviations:

ADR - American Depositary Receipt

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The Portfolio did not have any open derivative instruments at March 31, 2021.

At March 31, 2021, the value of the Portfolio’s investment in affiliated funds was $650,152, which represents 0.1% of the Portfolio’s net assets. Transactions in affiliated funds by the Portfolio for the fiscal year to date ended March 31, 2021 were as follows:

Name of       affiliated fund	Value, beginning of period		Purchases		Sales proceeds			Net realized gain (loss)		Change in unrealized appreciation (depreciation)		Value, end of period		Dividend income		Units, end of period
Short-Term Investments
Eaton Vance Cash Reserves Fund, LLC	$	6,475,259	$	34,160,286	$	(39,985,393	)	$	—	$	—	$	650,152	$	645		650,152

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

• Level 1 — quoted prices in active markets for identical investments

• Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 — significant unobservable inputs (including a fund’s own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At March 31, 2021, the hierarchy of inputs used in valuing the Portfolio’s investments, which are carried at value, were as follows:

Asset Description	Level 1		Level 2			Level 3		Total
Common Stocks
Communication Services	$	98,073,781	$	—		$	—	$	98,073,781
Consumer Discretionary		93,709,045		—			—		93,709,045
Consumer Staples		47,437,107		—			—		47,437,107
Energy		19,114,880		—			—		19,114,880
Financials		99,573,140		—			—		99,573,140
Health Care		88,614,318		14,466,752			—		103,081,070
Industrials		77,284,406		—			—		77,284,406
Information Technology		232,097,837		—			—		232,097,837
Materials		10,412,745		—			—		10,412,745
Real Estate		12,754,336		—			—		12,754,336
Utilities		13,018,832		—			—		13,018,832
Total Common Stocks	$	792,090,427	$	14,466,752	*	$	—	$	806,557,179
Short-Term Investments	$	—	$	650,152		$	—	$	650,152
Total Investments	$	792,090,427	$	15,116,904		$	—	$	807,207,331

* Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets.

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For information on the Portfolio’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Portfolio’s most recent financial statements included in its semiannual or annual report to shareholders.

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