# EDGAR Filing Document

**Accession Number:** 0000811030
**File Stem:** 0000894189-25-009110
**Filing Date:** 2025-9
**Character Count:** 28894
**Document Hash:** 45b5b42c5058656de9c02e6ee7a74fd9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-009110.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000894189-25-009110

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROFESSIONALLY MANAGED PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000811030

**ORGANIZATION NAME:**
- **EIN:** 566415270
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05037
- **FILM NUMBER:** 251348518

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-218-3770

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AVONDALE INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19910529

## Series and Classes Contracts Data

### Becker Value Equity Fund (Series ID: S000037988)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000117199 | Retail Class        | BVEFX           |
| C000117200 | Institutional Class | BVEIX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Becker Value Equity Fund** | **Becker Value Equity Fund** | **Becker Value Equity Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **July 31, 2025 (Unaudited)** | **July 31, 2025 (Unaudited)** | **July 31, 2025 (Unaudited)** |
| **COMMON STOCKS - 97.1%** | **Shares** | **Value**  |
| **Communication Services - 5.9%** | **Communication Services - 5.9%** | |
| Meta Platforms, Inc. - Class A | 1895 | $1465669 |
| Verizon Communications, Inc. | 47475 | 2030031 |
| Walt Disney Co. | 18415 | 2193410 |
|  |  | 5689110 |
| **Consumer Discretionary - 8.8%** | **Consumer Discretionary - 8.8%** |  |
| Amazon.com, Inc. <sup>(a)</sup> | 9685 | 2267355 |
| AutoZone, Inc. <sup>(a)</sup> | 550 | 2072609 |
| Home Depot, Inc. | 4656 | 1711127 |
| NIKE, Inc. - Class B | 32330 | 2414728 |
|  |  | 8465819 |
| **Consumer Staples - 5.4%** | **Consumer Staples - 5.4%** |  |
| Diageo PLC - ADR | 9545 | 934933 |
| Procter & Gamble Co. | 8510 | 1280500 |
| Sysco Corp. | 25255 | 2010298 |
| Walmart, Inc. | 10174 | 996848 |
|  |  | 5222579 |
| **Energy - 7.3%** | **Energy - 7.3%** |  |
| Chevron Corp. | 12937 | 1961767 |
| Exxon Mobil Corp. | 17406 | 1943206 |
| Kinder Morgan, Inc. | 70144 | 1968240 |
| Shell PLC - ADR | 15346 | 1108135 |
|  |  | 6981348 |
| **Financials - 20.3%** | **Financials - 20.3%** |  |
| Berkshire Hathaway, Inc. - Class B <sup>(a)</sup> | 6720 | 3171034 |
| Blackrock, Inc. | 3135 | 3467341 |
| Charles Schwab Corp. | 35730 | 3491893 |
| Chubb Ltd. | 9310 | 2476832 |
| Goldman Sachs Group, Inc. | 1329 | 961651 |
| JPMorgan Chase & Co. | 10590 | 3137181 |
| PayPal Holdings, Inc. <sup>(a)</sup> | 27010 | 1857208 |
| US Bancorp | 20980 | 943261 |
|  |  | 19506401 |
| **Health Care - 11.1%** | **Health Care - 11.1%** |  |
| Baxter International, Inc. | 29225 | 635936 |
| Eli Lilly & Co. | 1865 | 1380231 |
| Johnson & Johnson | 12875 | 2121027 |
| Koninklijke Philips NV | 36389 | 953392 |
| McKesson Corp. | 2235 | 1550062 |
| Merck & Co., Inc. | 13105 | 1023763 |
| Quest Diagnostics, Inc. | 6078 | 1017518 |
| Sanofi SA - ADR | 27130 | 1238213 |
| Teleflex, Inc. | 5925 | 708037 |
|  |  | 10628179 |
| **Industrials - 14.4%** | **Industrials - 14.4%** |  |
| Carrier Global Corp. | 34665 | 2378712 |
| Eaton Corp. PLC | 6605 | 2541076 |
| Embraer SA - ADR | 31940 | 1839105 |
| General Dynamics Corp. | 5710 | 1779293 |
| Honeywell International, Inc. | 7545 | 1677631 |
| RTX Corp. | 16881 | 2659939 |
| Timken Co. | 12975 | 987268 |
|  |  | 13863024 |
| **Information Technology - 12.8%** | **Information Technology - 12.8%** |  |
| Adobe, Inc. <sup>(a)</sup> | 1900 | 679611 |
| Apple, Inc. | 6600 | 1369962 |
| Cisco Systems, Inc. | 46600 | 3172528 |
| Intel Corp. | 62150 | 1230570 |
| Microchip Technology, Inc. | 14655 | 990531 |
| Microsoft Corp. | 4480 | 2390080 |
| QUALCOMM, Inc. | 11035 | 1619497 |
| Salesforce, Inc. | 3105 | 802115 |
|  |  | 12254894 |
| **Materials - 5.0%** | **Materials - 5.0%** |  |
| Air Products and Chemicals, Inc. | 7380 | 2124555 |
| Methanex Corp. | 24680 | 825299 |
| Newmont Corp. | 29440 | 1828224 |
|  |  | 4778078 |
| **Utilities - 6.1%** | **Utilities - 6.1%** |  |
| FirstEnergy Corp. | 66876 | 2856274 |
| Southern Co. | 32295 | 3051231 |
|  |  | 5907505 |
| **TOTAL COMMON STOCKS** (Cost $60,114,147) | **TOTAL COMMON STOCKS** (Cost $60,114,147) | 93296937 |
| **SHORT-TERM INVESTMENTS - 2.9%** |  | **Value**  |
| **Money Market Funds - 2.9%** | **<u>Shares</u>** |  |
| First American Treasury Obligations Fund - Class X, 4.22% <sup>(b)</sup> | 2742557 | 2742557 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $2,742,557) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $2,742,557) | 2742557 |
| **TOTAL INVESTMENTS - 100.0% (**Cost $62,856,704**)** | **TOTAL INVESTMENTS - 100.0% (**Cost $62,856,704**)** | 96039494 |
| Other Assets in Excess of Liabilities - 0.0% <sup>(c)</sup> | Other Assets in Excess of Liabilities - 0.0% <sup>(c)</sup> | 45870 |
| **TOTAL NET ASSETS - 100.0%** |  | $96085364 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| 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 by U.S. Bank Global Fund Services. | 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 by U.S. Bank Global Fund Services. | 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 by U.S. Bank Global Fund Services. |

---

ADR - American Depositary Receipt <br> PLC - Public Limited Company

(a) Non-income producing security.

(b) The rate shown represents the 7-day annualized effective yield as of July 31, 2025.

(c) Represents less than 0.05% of net assets.

------

#### <br>

#### Summary of Fair Value Disclosure as of July 31, 2025 (Unaudited)
Becker Value Equity Fund (the "Fund") has adopted fair value accounting standards which establish a 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 of 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 inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

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 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 based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of July 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | 93296937 |  |  | 93296937 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 2742557 |  |  | 2742557 |
| Total Investments | 96039494 |  |  | 96039494 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Professionally Managed Portfolios

- **b. Investment Company Act file number:** 811-05037

- **c. CIK number of Registrant:** 0000811030

- **d. LEI of Registrant:** 254900BPISCYGRJD2727

- **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:** 414-516-1523

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

- **a. Name of Series:** Becker Value Equity Fund

- **b. EDGAR series identifier (if any):** S000037988

- **c. LEI of Series:** 254900FFU4Q7KI5YNI45

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $96222469.05

**Total Liabilities:** $138715.24

**Net Assets:** $96083753.81

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000117199 | 3.40%                | 4.42%                | 0.42%                |
| Class ID C000117200 | 3.43%                | 4.43%                | 0.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $81303.84                | $2799942.70                                |
| Month 2  | $882811.46               | $3187979.59                                |
| Month 3  | $648046.61               | $-367000.45                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Walt Disney Co/The             | Walt Disney Co/The                       | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     18415 | NS      | $2193410.65   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                     | Sysco Corp                               | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     25255 | NS      | $2010298.00   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc                   | AutoZone Inc                             | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       550 | NS      | $2072609.00   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Embraer SA                     | Embraer SA                               | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |     31940 | NS      | $1839105.20   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp                         | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     17406 | NS      | $1943205.84   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      1895 | NS      | $1465668.80   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp          | General Dynamics Corp                    | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      5710 | NS      | $1779293.10   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp                             | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     29440 | NS      | $1828224.00   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                       | NIKE Inc                                 | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     32330 | NS      | $2414727.70   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc            | PayPal Holdings Inc                      | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     27010 | NS      | $1857207.60   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The        | Procter & Gamble Co/The                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      8510 | NS      | $1280499.70   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                 | Salesforce Inc                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      3105 | NS      | $802114.65    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                              | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     10174 | NS      | $996848.52    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International Inc       | Baxter International Inc                 | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |     29225 | NS      | $635936.00    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                  | Blackrock Inc                            | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      3135 | NS      | $3467341.35   | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                     | Diageo PLC                               | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |      9545 | NS      | $934932.75    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly & Co                           | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1865 | NS      | $1380230.55   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      4480 | NS      | $2390080.00   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc               | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     47475 | NS      | $2030031.00   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                 | Eaton Corp PLC                           | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |      6605 | NS      | $2541075.60   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                      | Adobe Inc                                | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      1900 | NS      | $679611.00    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      9685 | NS      | $2267355.35   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      6600 | NS      | $1369962.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc         | Berkshire Hathaway Inc                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      6720 | NS      | $3171033.60   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp            | Carrier Global Corp                      | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     34665 | NS      | $2378712.30   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                   | Chevron Corp                             | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12937 | NS      | $1961766.68   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp               | FirstEnergy Corp                         | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     66876 | NS      | $2856273.96   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The    | Goldman Sachs Group Inc/The              | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1329 | NS      | $961651.11    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                       | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      4656 | NS      | $1711126.56   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc    | Honeywell International Inc              | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      7545 | NS      | $1677630.75   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                     | Intel Corp                               | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     62150 | NS      | $1230570.00   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                      | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     10590 | NS      | $3137181.60   | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson              | Johnson & Johnson                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     12875 | NS      | $2121027.50   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Philips NV         | Koninklijke Philips NV                   | CUSIP: 500472303<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | EC               | CORP              | NL        |     36389 | NS      | $953391.80    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     13105 | NS      | $1023762.60   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc       | Microchip Technology Inc                 | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     14655 | NS      | $990531.45    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                             | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     11035 | NS      | $1619496.60   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc          | Quest Diagnostics Inc                    | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      6078 | NS      | $1017517.98   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                      | Shell PLC                                | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     15346 | NS      | $1108134.66   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                      | Sanofi SA                                | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     27130 | NS      | $1238213.20   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                | Southern Co/The                          | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     32295 | NS      | $3051231.60   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |   2744201 | NS      | $2744200.56   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Methanex Corp                  | Methanex Corp                            | CUSIP: 59151K108<br>LEI: 549300TSJHRXT9QXRD13 | Long             | EC               | CORP              | CA        |     24680 | NS      | $825299.20    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                       | RTX Corp                                 | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     16881 | NS      | $2659939.17   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Inc                   | Teleflex Inc                             | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |      5925 | NS      | $708037.50    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                  | Timken Co/The                            | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     12975 | NS      | $987267.75    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc              | Kinder Morgan Inc                        | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     70144 | NS      | $1968240.64   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                  | McKesson Corp                            | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      2235 | NS      | $1550061.90   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                     | US Bancorp                               | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     20980 | NS      | $943260.80    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc | Air Products and Chemicals Inc           | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |      7380 | NS      | $2124554.40   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     46600 | NS      | $3172528.00   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     35730 | NS      | $3491892.90   | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                      | Chubb Ltd                                | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |      9310 | NS      | $2476832.40   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-26

**Name of Applicant:** Professionally Managed Portfolios

**Signature:** /s/ Kathryn LaPlante Johnson

**Name of Signer:** Kathryn LaPlante Johnson

**Title:** Assistant Treasurer