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        <curCd>USD</curCd>
        <valUSD>637753.53000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
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        <issuerConditional desc="Treasury Future" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</counterpartyName>
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                <issuerName>United States of America</issuerName>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Partners Group Private Equity Limited</name>
        <lei>54930038LU8RDPFFVJ57</lei>
        <title>PARTNERS GROUP PRIVATE EQUITY LTD</title>
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        <identifiers>
          <isin value="GG00B28C2R28"/>
          <other otherDesc="Internal" value="B28C2R2"/>
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        <pctVal>0.393061884033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="MUTUAL FUND"/>
        <issuerCat>RF</issuerCat>
        <invCountry>GG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>STATE STREET INSTITUTIONAL U S GOVT MMKT</name>
        <lei>N/A</lei>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
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        <name>EURO</name>
        <lei>N/A</lei>
        <title>EURO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="EUR"/>
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        <issuerConditional desc="currency" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>
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        <fairValLevel>N/A</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>S P 500 EMINI FUTURE SEP26</name>
        <lei>N/A</lei>
        <title>S P 500 EMINI FUTURE SEP26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="ESU26"/>
          <other otherDesc="Internal" value="ESU6"/>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Index Future" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO MERCANTILE EXCHANGE INC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THE CARLYLE GROUP INC.</name>
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        <title>CARLYLE GROUP INC THE</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
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        <name>ICG ENTERPRISE TRUST PLC</name>
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        <title>ICG ENTERPRISE TRUST PLC</title>
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        <identifiers>
          <isin value="GB0003292009"/>
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        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chrysalis Investments Ltd</name>
        <lei>213800F9SQ753JQHSW24</lei>
        <title>CHRYSALIS INVESTMENTS LTD</title>
        <cusip>G6000Y113</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>GG</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
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        <name>CT PRIVATE EQUITY TRUST PLC</name>
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        <title>CT PRIVATE EQUITY TRUST PLC</title>
        <cusip>N/A</cusip>
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          <isin value="GB0030738271"/>
          <other otherDesc="Internal" value="3073827"/>
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        <issuerCat>RF</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Seraphim Space Investment Trust PLC</name>
        <lei>2138002THGUZBGZC2V85</lei>
        <title>SERAPHIM SPACE INVESTMENT TRUST C SHARES</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BW6HS596"/>
          <other otherDesc="Internal" value="BW6HS59"/>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OAKLEY CAPITAL INVESTMENTS LIMITED</name>
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        <title>OAKLEY CAPITAL INVESMENTS</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Invesco S&amp;P 500 Low Volatility ETF</name>
        <lei>N/A</lei>
        <title>INVESCO S P 500 LOW VOLATILITY ETF</title>
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        <identifiers>
          <isin value="US46138E3541"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>HC Capital Trust</ncom:nameOfApplicant>
      <ncom:signature>Colette Bergman</ncom:signature>
      <ncom:signerName>Colette Bergman</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
