# EDGAR Filing Document

**Accession Number:** 0001511699
**File Stem:** 0001145549-23-021689
**Filing Date:** 2023-3
**Character Count:** 25730
**Document Hash:** 04d42cde537f7e8584a3a5478c1f1041
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-021689.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001145549-23-021689

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Managed Portfolio Series
- **CENTRAL INDEX KEY:** 0001511699
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22525
- **FILM NUMBER:** 23787888

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Jackson Square SMID-Cap Growth Fund (Series ID: S000052863)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000166271 | Investor Class      | JSMVX           |
| C000166272 | Institutional Class | JSMTX           |
| C000166273 | IS Class            | DCGTX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| Schedule of **Investments** January 31, 2023 (Unaudited) | | |
| **Jackson Square SMID-Cap Growth Fund** | | |
| **<u>Description</u>** |<br>**Shares** |<br>**Value** |
| **COMMON STOCKS - 96.7%** | | |
| **Communication Services - 12.6%** | | |
| New York Times - Class A | 2103183 | $73274896 |
| Vimeo \* | 2626377 | 11923751 |
| Warner Music Group | 1038115 | 37839292 |
|  |  | 123037939 |
| **Consumer Discretionary - 9.4%** |  |  |
| Papa John's International | 422240 | 37870706 |
| Peloton Interactive \* | 1988618 | 25712831 |
| Wyndham Hotels & Resorts | 367207 | 28462214 |
|  |  | 92045751 |
| **Consumer Staples - 4.3%** |  |  |
| Grocery Outlet Holding \* | 1384981 | 42089573 |
| **Financials - 8.0%** |  |  |
| LendingClub \* | 2023212 | 19604924 |
| LPL Financial Holdings | 147735 | 35030923 |
| MarketAxess Holdings | 65764 | 23928232 |
|  |  | 78564079 |
| **Health Care - 18.5%** |  |  |
| Azenta \* | 577208 | 32265927 |
| Bio-Techne | 525034 | 41824208 |
| Charles River Laboratories International \* | 234360 | 57008070 |
| Pacific Biosciences of California \* | 3614476 | 40084539 |
| Twist Bioscience \* | 355149 | 10189225 |
|  |  | 181371969 |
| **Industrials - 19.5%** |  |  |
| Graco | 630480 | 43074394 |
| Howmet Aerospace | 845880 | 34418857 |
| Lyft - Class A \* | 1031339 | 16759259 |
| SiteOne Landscape Supply \* | 244597 | 37058891 |
| Westinghouse Air Brake Technologies | 568496 | 59015570 |
|  |  | 190326971 |
| **Information Technology - 21.0%** |  |  |
| Aspen Technology \* | 178255 | 35428181 |
| Coupa Software \* | 414466 | 33124123 |
| Dolby Laboratories - Class A | 311911 | 24815639 |
| Elastic \* | 468863 | 27587899 |
| Lattice Semiconductor \* | 293882 | 22273317 |
| Okta \* | 231767 | 17060369 |
| Wix.com \* | 513617 | 44674406 |
|  |  | 204963934 |
| **Materials - 3.4%** |  |  |
| FMC | 251319 | 33458098 |
| **TOTAL COMMON STOCKS** |  |  |
| **(Cost $1,079,079,670)** |  | **945858314** |
| **SHORT-TERM INVESTMENT - 3.3%** |  |  |
| **Money Market Deposit Account - 3.3%** |  |  |
| U.S. Bank N.A., 2.50% (a) |  |  |
| Total Money Market Deposit Account | 31834911 | 31834911 |
| **TOTAL SHORT-TERM INVESTMENT** |  |  |
| **(Cost $31,834,911)** |  | **31834911** |
| **Total Investments - 100.0%** |  |  |
| **(Cost $1,110,914,581)** |  | **977693225** |
| **Other Assets and Liabilities, Net - 0.0%** |  | **144357** |
| **Total Net Assets - 100.0%** |  | $**977837582** |

---

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| (a) | The Money Market Deposit Account (the "MMDA") is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. <br> The rate shown is as of January 31, 2023. |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Summary of Fair Value Exposure** | | | | |
| The Fund has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion in changes in valuation techniques and related inputs during the period and expanded disclosure of valuation Levels for major security types. These inputs are summarized in the three broad Levels listed below: | The Fund has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion in changes in valuation techniques and related inputs during the period and expanded disclosure of valuation Levels for major security types. These inputs are summarized in the three broad Levels listed below: | The Fund has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion in changes in valuation techniques and related inputs during the period and expanded disclosure of valuation Levels for major security types. These inputs are summarized in the three broad Levels listed below: | The Fund has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion in changes in valuation techniques and related inputs during the period and expanded disclosure of valuation Levels for major security types. These inputs are summarized in the three broad Levels listed below: | The Fund has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion in changes in valuation techniques and related inputs during the period and expanded disclosure of valuation Levels for major security types. These inputs are summarized in the three broad Levels listed below: |
| Level 1- Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. | Level 1- Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. | Level 1- Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. | Level 1- Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. | Level 1- Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. |
| Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. | Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. | Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. | Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. | Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. |
| Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. | Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. | Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. | Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. | Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. |
| The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. | The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. | The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. | The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. | The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. |
| The following is a summary of the inputs used to value the Fund's securities as of January 31, 2023: | The following is a summary of the inputs used to value the Fund's securities as of January 31, 2023: | The following is a summary of the inputs used to value the Fund's securities as of January 31, 2023: | The following is a summary of the inputs used to value the Fund's securities as of January 31, 2023: | The following is a summary of the inputs used to value the Fund's securities as of January 31, 2023: |
|  | Level 1 | Level 2 | Level 3 | Total |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | $945858314 | $- | $- | $945858314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Investment | 31834911 | - | - | 31834911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments in Securities | $977693225 | $- | $- | $977693225 |
| Refer to the Schedule of Investments for further information on the classification of investments. | Refer to the Schedule of Investments for further information on the classification of investments. | Refer to the Schedule of Investments for further information on the classification of investments. | Refer to the Schedule of Investments for further information on the classification of investments. | Refer to the Schedule of Investments for further information on the classification of investments. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Managed Portfolio Series

- **b. Investment Company Act file number:** 811-22525

- **c. CIK number of Registrant:** 0001511699

- **d. LEI of Registrant:** 254900SQ3GG01NP4WM65

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1712

**Item A.2. Information about the Series.**

- **a. Name of Series:** Jackson Square SMID-Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000052863

- **c. LEI of Series:** 254900KG4YNPQ3Z5C825

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $978828981.28

**Total Liabilities:** $1167301.37

**Net Assets:** $977661679.91

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000166271 | 8.82%                | -5.56%               | 10.14%               |
| Class ID C000166272 | 8.83%                | -5.56%               | 10.18%               |
| Class ID C000166273 | 8.86%                | -5.54%               | 10.21%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-35855736.57            | $115664597.62                              |
| Month 2  | $-27021475.52            | $-26155962.69                              |
| Month 3  | $-4211475.46             | $95073142.58                               |

### Schedule of Portfolio Investments

| Name                           | Title                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MarketAxess Holdings Inc       | MarketAxess Holdings Inc                     | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |     65764 | NS      | $23928231.40  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Times Co/The          | New York Times Co/The                        | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |   2103183 | NS      | $73274895.72  | 7.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corp          | Twist Bioscience Corp                        | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |    362631 | NS      | $10403883.39  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Wix.com Ltd                    | Wix.com Ltd                                  | CUSIP: N/A<br>LEI: 5493008P6N29Q1AG9464       | Long             | EC               | CORP              | IL        |    513617 | NS      | $44674406.66  | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Elastic NV                     | Elastic NV                                   | CUSIP: N/A<br>LEI: 2549003I48WHHH937I59       | Long             | EC               | CORP              | US        |    468863 | NS      | $27587898.92  | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                | Bio-Techne Corp                              | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |    525034 | NS      | $41824208.44  | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp                       | FMC Corp                                     | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |    251319 | NS      | $33458098.47  | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                      | Graco Inc                                    | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |    630480 | NS      | $43074393.60  | 4.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Grocery Outlet Holding Corp    | Grocery Outlet Holding Corp                  | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1384981 | NS      | $42089572.59  | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc           | Howmet Aerospace Inc                         | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |    845880 | NS      | $34418857.20  | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc     | LPL Financial Holdings Inc                   | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |    147735 | NS      | $35030923.20  | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp     | Lattice Semiconductor Corp                   | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |    293882 | NS      | $22273316.78  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                       | Okta Inc                                     | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |    231767 | NS      | $17060368.87  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SiteOne Landscape Supply Inc   | SiteOne Landscape Supply Inc                 | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |    244597 | NS      | $37058891.47  | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                     | Azenta Inc                                   | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |    577208 | NS      | $32265927.20  | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| LendingClub Corp               | LendingClub Corp                             | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |   2023212 | NS      | $19604924.28  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lyft Inc                       | Lyft Inc                                     | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |   1031339 | NS      | $16759258.75  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles River Laboratories Int | Charles River Laboratories International Inc | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |    234360 | NS      | $57008070.00  | 5.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupa Software Inc             | Coupa Software Inc                           | CUSIP: 22266L106<br>LEI: 549300Q95ICR2GFL2K37 | Long             | EC               | CORP              | US        |    414466 | NS      | $33124122.72  | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Dolby Laboratories Inc         | Dolby Laboratories Inc                       | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |    311911 | NS      | $24815639.16  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Technology Inc           | Aspen Technology Inc                         | CUSIP: 29109X106<br>LEI: 254900545H80W6GA2J08 | Long             | EC               | CORP              | US        |    178255 | NS      | $35428181.25  | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacific Biosciences of Califor | Pacific Biosciences of California Inc        | CUSIP: 69404D108<br>LEI: 529900F1BWRE1M0KZN89 | Long             | EC               | CORP              | US        |   3614476 | NS      | $40084538.84  | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Papa John's International Inc  | Papa John's International Inc                | CUSIP: 698813102<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | EC               | CORP              | US        |    422240 | NS      | $37870705.60  | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Peloton Interactive Inc        | Peloton Interactive Inc                      | CUSIP: 70614W100<br>LEI: 5493002YS021166W0339 | Long             | EC               | CORP              | US        |   1988618 | NS      | $25712830.74  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANK MMDA - USBFS 2         | US BANK MMDA - USBFS 2                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |  31832764 | NS      | $31832763.91  | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vimeo Inc                      | Vimeo Inc                                    | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |   2645699 | NS      | $12011473.46  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technol | Westinghouse Air Brake Technologies Corp     | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |    568496 | NS      | $59015569.76  | 6.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Music Group Corp        | Warner Music Group Corp                      | CUSIP: 934550203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1038115 | NS      | $37839291.75  | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts Inc   | Wyndham Hotels & Resorts Inc                 | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |    367207 | NS      | $28462214.57  | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-31

**Name of Applicant:** Managed Portfolio Series

**Signature:** /s/ Douglas Schafer

**Name of Signer:** Managed Portfolio Series

**Title:** VP & Asst. Treasurer