# EDGAR Filing Document

**Accession Number:** 0001437249
**File Stem:** 0000910472-25-005925
**Filing Date:** 2025-12
**Character Count:** 24216
**Document Hash:** 2d1658475a33dac5a07833b6343f263d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-005925.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000910472-25-005925

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VALUED ADVISERS TRUST
- **CENTRAL INDEX KEY:** 0001437249

**ORGANIZATION NAME:**
- **EIN:** 262762915

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22208
- **FILM NUMBER:** 251603221

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DR.
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-587-3400

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DR.
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Dana Epiphany Small Cap Equity Fund (Series ID: S000051394)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000161987 | Institutional Class Shares | DSCIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Valued Advisers Trust

- **b. Investment Company Act file number:** 811-22208

- **c. CIK number of Registrant:** 0001437249

- **d. LEI of Registrant:** 549300W12YUPFS7QVT86

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** DANA EPIPHANY SMALL CAP EQUITY FUND

- **b. EDGAR series identifier (if any):** S000051394

- **c. LEI of Series:** 5493005OGUYQV8N7HC77

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

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

- **b. Date as of which information is reported:** 2025-10-31

**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:** $32941061.59

**Total Liabilities:** $476511.01

**Net Assets:** $32464550.58

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000161987 | 5.52%                | 1.87%                | 1.94%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $373083.70               | $1279990.17                                |
| Month 2  | $391208.29               | $170515.80                                 |
| Month 3  | $88545.76                | $529699.08                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ExlService Holdings Inc.             | ExlService Holdings, Inc.                                       | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     15024 | NS      | $587438.40    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust     | Fidelity Investments Money Market Funds  - Government Portfolio | CUSIP: 31607A703<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |    899804 | PA      | $899804.19    | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corporation       | Wintrust Financial Corp.                                        | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |      4382 | NS      | $569747.64    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive, Inc.             | Group 1 Automotive, Inc.                                        | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      1146 | NS      | $455580.84    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics Inc.             | Axsome Therapeutics, Inc.                                       | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |      4513 | NS      | $609209.87    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                           | Insmed, Inc.                                                    | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      3483 | NS      | $660376.80    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International Plc        | Weatherford International PLC                                   | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | IE        |      7286 | NS      | $536905.34    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc                | Element Solutions, Inc.                                         | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |     16896 | NS      | $451461.12    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc.               | Powell Industries, Inc.                                         | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |      1853 | NS      | $710421.67    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co.                        | SM Energy Co.                                                   | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     23393 | NS      | $488679.77    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                  | Clearway Energy, Inc.                                           | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     16862 | NS      | $538403.66    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co.             | Modine Manufacturing Co.                                        | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |      3523 | NS      | $539758.83    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                         | Evercore Partners, Inc.                                         | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      1800 | NS      | $530208.00    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc               | Boot Barn Holdings, Inc.                                        | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      3114 | NS      | $590570.10    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| TG Therapeutics Inc                  | TG Therapeutics, Inc.                                           | CUSIP: 88322Q108<br>LEI: 529900X21UKABN9NJ529 | Long             | EC               | CORP              | US        |     11293 | NS      | $392770.54    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                         | Agilysys, Inc.                                                  | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |      5664 | NS      | $710605.44    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Ionis Pharmaceuticals, Inc.          | Ionis Pharmaceuticals, Inc.                                     | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |      6085 | NS      | $452115.50    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro Inc                            | EnPro Industries, Inc.                                          | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |      2802 | NS      | $650092.02    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Acushnet Holdings Corp               | Acushnet Holdings Corp.                                         | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Long             | EC               | CORP              | US        |      6286 | NS      | $486096.38    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Therapeutics Inc.             | Viking Therapeutics, Inc.                                       | CUSIP: 92686J106<br>LEI: 529900IVC72YPFA25M37 | Long             | EC               | CORP              | US        |     10001 | NS      | $380838.08    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands Inc                   | Kontoor Brands, Inc.                                            | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |      6803 | NS      | $550498.76    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Southstate Bank Corp.                | SOUTHSTATE BANK CORP                                            | CUSIP: 84472E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5932 | NS      | $525871.80    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnite Inc                          | Magnite, Inc.                                                   | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |     23281 | NS      | $416264.28    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc.                 | Eagle Materials, Inc.                                           | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      1842 | NS      | $391093.44    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics Inc                     | Cytokinetics, Inc.                                              | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |      5476 | NS      | $348218.84    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Braze Inc                            | Braze Inc                                                       | CUSIP: 10576N102<br>LEI: 9845007B9EDBFD37C277 | Long             | EC               | CORP              | US        |     20061 | NS      | $574948.26    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Skywest Inc                          | SkyWest, Inc.                                                   | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |      6323 | NS      | $635335.04    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings Inc             | Ultra Clean Holdings, Inc.                                      | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |     21977 | NS      | $602389.57    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corporation                   | Avient Corp.                                                    | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |     13297 | NS      | $426434.79    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes PLC                         | Alkermes PLC                                                    | CUSIP: G01767105<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     10556 | NS      | $324069.20    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS Capital Holdings Limited        | Axis Capital Holdings Ltd.                                      | CUSIP: G0692U109<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |      6338 | NS      | $593617.08    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| LivaNova PLC                         | Livanova PLC                                                    | CUSIP: G5509L101<br>LEI: 2138001K2FX6SHK2B339 | Long             | EC               | CORP              | GB        |     10258 | NS      | $539878.54    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Integral Ad Science Holding Corp.    | Integral Ad Science Holding Corp                                | CUSIP: 45828L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44255 | NS      | $451843.55    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corporation     | Chesapeake Utilities Corp.                                      | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |      4240 | NS      | $539667.20    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                    | Agree Realty Corp.                                              | CUSIP: 008492100<br>LEI: 98450090H010B37OEB68 | Long             | EC               | CORP              | US        |      8190 | NS      | $597951.90    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation         | Stifel Financial Corp.                                          | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |      4854 | NS      | $574859.22    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Grp Inc                          | MYR Group, Inc.                                                 | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      3221 | NS      | $701211.70    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp.                   | FB Financial Corp                                               | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |     10586 | NS      | $571749.86    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| E L F Beauty Inc                     | elf Beauty, Inc.                                                | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |      4581 | NS      | $559523.34    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies, Inc.               | SPX Technologies, Inc.                                          | CUSIP: 78473E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3258 | NS      | $729433.62    | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                | STAG Industrial, Inc.                                           | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     15508 | NS      | $593491.16    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| I3 Verticals INC                     | I3 Verticals, Inc.                                              | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |     18333 | NS      | $563739.75    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica, Inc.                      | Primerica, Inc.                                                 | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |      2133 | NS      | $554302.71    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc                     | Ensign Group, Inc./The                                          | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |      3278 | NS      | $590367.80    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc.               | TransMedics Group Inc                                           | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |      4597 | NS      | $604689.38    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalOcean Holdings Inc            | DigitalOcean Holdings, Inc.                                     | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |     14145 | NS      | $575135.70    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PJT Partners Inc.                    | PJT Partners, Inc.                                              | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |      3304 | NS      | $532307.44    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc.               | Lumentum Holdings, Inc.                                         | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |      3893 | NS      | $784673.08    | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                | Civitas Resources, Inc.                                         | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |     17405 | NS      | $501786.15    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International Inc.       | CSG Systems International, Inc.                                 | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |      9167 | NS      | $717501.09    | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Madrigal Pharmaceuticals Inc         | Madrigal Pharmaceuticals, Inc.                                  | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Long             | EC               | CORP              | US        |       995 | NS      | $416805.50    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp       | Atlantic Union Bancshares Corp                                  | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16017 | NS      | $520872.84    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger Inc.                          | Tanger Factory Outlet Centers, Inc.                             | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |     18742 | NS      | $610239.52    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| PDF Solutions Inc                    | PDF Solutions, Inc.                                             | CUSIP: 693282105<br>LEI: 549300GMSP6MROFBI160 | Long             | EC               | CORP              | US        |     26202 | NS      | $763264.26    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies Inc. | Applied Industrial Technologies, Inc.                           | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      2238 | NS      | $575367.42    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd                            | JFrog Ltd                                                       | CUSIP: M6191J100<br>LEI: 2549002N8E00AY49G567 | Long             | EC               | CORP              | IL        |     13230 | NS      | $628160.40    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education Inc         | Adtalem Global Education, Inc.                                  | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |      4414 | NS      | $432660.28    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners Inc.     | Pinnacle Financial Partners, Inc.                               | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |      5515 | NS      | $469933.15    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                  | Clean Harbors, Inc.                                             | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |      2675 | NS      | $563114.25    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-31

**Name of Applicant:** Valued Advisers Trust

**Signature:** Zachary Richmond

**Name of Signer:** Zachary Richmond

**Title:** Treasurer