# EDGAR Filing Document

**Accession Number:** 0001511699
**File Stem:** 0000894189-26-003954
**Filing Date:** 2026-2
**Character Count:** 10276
**Document Hash:** 551e0b83036175bdbf26903c6bc4b397
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-003954.hdr.sgml**: 20260219

**ACCESSION NUMBER**: 0000894189-26-003954

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260219

**DATE AS OF CHANGE**: 20260219

**PERIOD START**: 20251231

**FILER**: 

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

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22525
- **FILM NUMBER:** 26654123

**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

### Kensington Active Advantage Fund (Series ID: S000075577)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000234792 | Institutional Class Shares | KADIX           |
| C000234793 | Class C Shares             | KADCX           |
| C000234794 | Class A Shares             | KADAX           |

## 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:** Kensington Active Advantage Fund

- **b. EDGAR series identifier (if any):** S000075577

- **c. LEI of Series:** 5493001KAN5SN0TTOB47

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $79020631.62

**Total Liabilities:** $21295415.88

**Net Assets:** $57725215.74

**Cash Not Reported:** $1007789.14

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234792 | 1.38%                | 0.36%                | 0.02%                |
| Class ID C000234793 | 1.29%                |  |  |
| Class ID C000234794 | 1.29%                |  |  |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $509226.41                                 |
| Month 2  | $-3.80                   | $233118.47                                 |
| Month 3  | $92359.06                | $-373491.67                                |

**Designated Index Information**

- **Index Name:** Kensington 50 NASDAQ 100 50 ICE BofA US High Yield

- **Index Identifier:** YKBLEND01

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Vanguard S&P 500 ETF                      | Vanguard S&P 500 ETF                                  | CUSIP: 922908363<br>LEI: N/A                  | Long             | EC               | RF                | US        |      8450 | NS      | $5299248.50   | 9.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Total Stock Market ET            | Vanguard Total Stock Market ETF                       | CUSIP: 922908769<br>LEI: N/A                  | Long             | EC               | RF                | US        |     20285 | NS      | $6800951.95   | 11.78%            |  |  |  | No            |                  1 | On Loan: —       |
| Victory Pioneer Strategic Inco            | Victory Pioneer Strategic Income Fund                 | CUSIP: 92648H719<br>LEI: TN5Y392EHJ8T3X0XI337 | Long             | EC               | RF                | US        |    662589 | NS      | $6539755.35   | 11.33%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Ultra-Short Income ET            | JPMorgan Ultra-Short Income ETF                       | CUSIP: 46641Q837<br>LEI: 549300VN24B8TQAGGX74 | Long             | EC               | RF                | US        |     11560 | NS      | $584820.40    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Manning & Napier High Yield Bo            | Manning & Napier High Yield Bond Series               | CUSIP: 56382R241<br>LEI: 5493000VQ6DXRDU0N128 | Long             | EC               | RF                | US        |    814618 | NS      | $7918086.44   | 13.72%            |  |  |  | No            |                  1 | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  21124858 | NS      | $21124857.75  | 36.60%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                       | NASDAQ 100 E-MINI Mar26                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        12 | NC      | $21666.96     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BNY Mellon Global Infrastructu            | BNY Mellon Global Infrastructure Income ETF           | CUSIP: 09661T826<br>LEI: 549300YLSH2PGMAU3I54 | Long             | EC               | RF                | US        |     64716 | NS      | $2610643.44   | 4.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Invesco QQQ Trust Series 1                | Invesco QQQ Trust Series 1                            | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |     10715 | NS      | $6582331.65   | 11.40%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares J.P. Morgan EM High Yi            | iShares J.P. Morgan EM High Yield Bond ETF            | CUSIP: 464286285<br>LEI: 549300DZF05WBBY0EZ78 | Long             | EC               | RF                | US        |     53432 | NS      | $2157049.84   | 3.74%             |  |  |  | No            |                  1 | On Loan: —       |
| iShares J.P. Morgan USD Emergi            | iShares J.P. Morgan USD Emerging Markets Bond ETF     | CUSIP: 464288281<br>LEI: 54930070R8WH6MNUJG74 | Long             | EC               | RF                | US        |     16462 | NS      | $1584961.36   | 2.75%             |  |  |  | No            |                  1 | On Loan: —       |
| iShares 5-10 Year Investment G            | iShares 5-10 Year Investment Grade Corporate Bond ETF | CUSIP: 464288638<br>LEI: 549300ZJOCMXQZ0RKQ84 | Long             | EC               | RF                | US        |     52464 | NS      | $2826760.32   | 4.90%             |  |  |  | No            |                  1 | On Loan: —       |
| iShares Core High Dividend ETF            | iShares Core High Dividend ETF                        | CUSIP: 46429B663<br>LEI: 549300M7WVLJWAVPDO86 | Long             | EC               | RF                | US        |     22450 | NS      | $2730144.50   | 4.73%             |  |  |  | No            |                  1 | On Loan: —       |
| iShares Broad USD High Yield C            | iShares Broad USD High Yield Corporate Bond ETF       | CUSIP: 46435U853<br>LEI: 549300X7H67ZLUE3IZ46 | Long             | EC               | RF                | US        |     97031 | NS      | $3628474.25   | 6.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson AAA CLO ETF               | Janus Henderson AAA CLO ETF                           | CUSIP: 47103U845<br>LEI: 549300N7UZ9PO4OVKA94 | Long             | EC               | RF                | US        |     77852 | NS      | $3937754.16   | 6.82%             |  |  |  | No            |                  1 | On Loan: —       |
| John Hancock High Yield ETF               | John Hancock High Yield ETF                           | CUSIP: 47804J719<br>LEI: 254900QYOD8YY0487976 | Long             | EC               | RF                | US        |     25076 | NS      | $647713.08    | 1.12%             |  |  |  | No            |                  1 | On Loan: —       |
| State Street SPDR Portfolio S&            | State Street SPDR Portfolio S&P 500 Value ETF         | CUSIP: 78464A508<br>LEI: 549300Q000TDS51V8H46 | Long             | EC               | RF                | US        |     41880 | NS      | $2379202.80   | 4.12%             |  |  |  | No            |                  1 | On Loan: —       |
| US BANK MMDA - USBGFS 9                   | US BANK MMDA - USBGFS 9                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |    613302 | NS      | $613301.83    | 1.06%             | 2037-09-01      | Variable      | 4.54%                 | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-19

**Name of Applicant:** Managed Portfolio Series

**Signature:** /s/ Benjamin J. Eirich

**Name of Signer:** Managed Portfolio Series

**Title:** Treasurer