# EDGAR Filing Document

**Accession Number:** 0000811030
**File Stem:** 0001145549-23-008132
**Filing Date:** 2023-2
**Character Count:** 24421
**Document Hash:** e20c07a0874e8f3b37ee04c47c659743
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-008132.hdr.sgml**: 20230222

**ACCESSION NUMBER**: 0001145549-23-008132

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230222

**DATE AS OF CHANGE**: 20230222

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROFESSIONALLY MANAGED PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000811030
- **IRS NUMBER:** 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:** 23652360

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 626-914-7363

**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

### Osterweis Emerging Opportunity Fund (Series ID: S000055531)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000174818 | Investor Class | OSTGX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **OSTERWEIS EMERGING OPPORTUNITY FUND** | **OSTERWEIS EMERGING OPPORTUNITY FUND** | **OSTERWEIS EMERGING OPPORTUNITY FUND** |
| SCHEDULE OF INVESTMENTS at December 31, 2022 (Unaudited) | SCHEDULE OF INVESTMENTS at December 31, 2022 (Unaudited) | SCHEDULE OF INVESTMENTS at December 31, 2022 (Unaudited) |
| **Shares** |  | **Value** |
| **Common Stocks: 93.1%** | **Common Stocks: 93.1%** |  |
| **Aerospace & Defense: 3.8%** | **Aerospace & Defense: 3.8%** |  |
| 39985 | Axon Enterprise, Inc. <sup>1</sup> | $6634711 |
| **Banks: 1.9%** | **Banks: 1.9%** |  |
| 49350 | ServisFirst Bancshares, Inc. | 3400709 |
| **Biotechnology: 2.2%** | **Biotechnology: 2.2%** |  |
| 32540 | Natera, Inc. <sup>1</sup> | 1307132 |
| 90680 | Replimune Group, Inc. <sup>1</sup> | 2466496 |
|  |  | 3773628 |
| **Building Products: 4.3%** | **Building Products: 4.3%** |  |
| 85555 | Trex Co., Inc. <sup>1</sup> | 3621543 |
| 186175 | Zurn Elkay Water Solutions Corp. | 3937601 |
|  |  | 7559144 |
| **Chemicals: 3.1%** | **Chemicals: 3.1%** |  |
| 52320 | Innospec, Inc. | 5381635 |
| **Commercial Services & Supplies: 2.7%** | **Commercial Services & Supplies: 2.7%** |  |
| 104965 | Montrose Environmental Group, Inc. <sup>1</sup> | 4659396 |
| **Diversified Telecommunication Services: 0.6%** | **Diversified Telecommunication Services: 0.6%** |  |
| 19240 | Iridium Communications, Inc. | 988936 |
| **Food & Staples Retailing: 3.0%** | **Food & Staples Retailing: 3.0%** |  |
| 159860 | The Chefs' Warehouse, Inc. <sup>1</sup> | 5320141 |
| **Health Care Equipment & Supplies: 14.4%** | **Health Care Equipment & Supplies: 14.4%** |  |
| 58150 | Cutera, Inc. <sup>1</sup> | 2571393 |
| 25410 | Inspire Medical Systems, Inc. <sup>1</sup> | 6400271 |
| 12763 | Insulet Corp. <sup>1</sup> | 3757300 |
| 92340 | Lantheus Holdings, Inc. <sup>1</sup> | 4705646 |
| 20538 | Shockwave Medical, Inc. <sup>1</sup> | 4222818 |
| 76745 | Tandem Diabetes Care, Inc. <sup>1</sup> | 3449688 |
|  |  | 25107116 |
| **Health Care Providers & Services: 2.5%** | **Health Care Providers & Services: 2.5%** |  |
| 69530 | HealthEquity, Inc. <sup>1</sup> | 4285829 |
| **Hotels, Restaurants & Leisure: 6.4%** | **Hotels, Restaurants & Leisure: 6.4%** |  |
| 59840 | Marriott Vacations Worldwide Corp. | 8053866 |
| 40670 | Planet Fitness, Inc. - Class A <sup>1</sup> | 3204796 |
|  |  | 11258662 |
| **Household Durables: 3.6%** | **Household Durables: 3.6%** |  |
| 28190 | Cavco Industries, Inc. <sup>1</sup> | 6377988 |
| **Interactive Media & Services: 2.3%** | **Interactive Media & Services: 2.3%** |  |
| 242615 | ZipRecruiter, Inc. - Class A <sup>1</sup> | 3983738 |
| **IT Services: 2.0%** | **IT Services: 2.0%** |  |
| 252705 | Verra Mobility Corp. <sup>1</sup> | 3494910 |
| **Leisure Products: 3.4%** | **Leisure Products: 3.4%** |  |
| 302790 | Topgolf Callaway Brands Corp. <sup>1</sup> | 5980102 |
| **Life Science Tools & Services: 0.9%** | **Life Science Tools & Services: 0.9%** |  |
| 90748 | BioLife Solutions, Inc. <sup>1</sup> | 1651614 |
| **Oil, Gas & Consumable Fuels: 3.1%** | **Oil, Gas & Consumable Fuels: 3.1%** |  |
| 228005 | Magnolia Oil & Gas Corp. - Class A | 5346717 |
| **Pharmaceuticals: 1.4%** | **Pharmaceuticals: 1.4%** |  |
| 46245 | Intra-Cellular Therapies, Inc. <sup>1</sup> | 2447285 |
| **Professional Services: 4.1%** | **Professional Services: 4.1%** |  |
| 135380 | KBR, Inc. | 7148064 |
| **Real Estate Management & Development: 4.0%** | **Real Estate Management & Development: 4.0%** |  |
| 57743 | FirstService Corp. | 7076405 |
| **Semiconductors & Semiconductor Equipment: 10.8%** | **Semiconductors & Semiconductor Equipment: 10.8%** |  |
| 140400 | MACOM Technology Solutions Holdings, Inc. <sup>1</sup> | 8842392 |
| 82832 | Onto Innovation, Inc. <sup>1</sup> | 5640031 |
| 31775 | Silicon Laboratories, Inc. <sup>1</sup> | 4310914 |
|  |  | 18793337 |
| **Software: 10.5%** | **Software: 10.5%** |  |
| 104700 | Bentley Systems, Inc. - Class B | 3869712 |
| 113300 | DoubleVerify Holdings, Inc. <sup>1</sup> | 2488068 |
| 27870 | Five9, Inc. <sup>1</sup> | 1891258 |
| 30550 | Manhattan Associates, Inc. <sup>1</sup> | 3708770 |
| 49945 | SPS Commerce, Inc. <sup>1</sup> | 6414437 |
|  |  | 18372245 |
| **Specialty Retail: 2.1%** | **Specialty Retail: 2.1%** |  |
| 53515 | Floor & Decor Holdings, Inc. - Class A <sup>1</sup> | 3726249 |
| **Total Common Stocks** | **Total Common Stocks** |  |
| &nbsp;&nbsp;&nbsp; (Cost $169,348,379) | &nbsp;&nbsp;&nbsp; (Cost $169,348,379) | 162768561 |
| **Short-Term Investments: 5.4%** | **Short-Term Investments: 5.4%** |  |
| **Money Market Funds: 5.4%** | **Money Market Funds: 5.4%** |  |
| 9474160 | Federated Hermes U.S. Treasury Cash Reserves - Class I, 3.820% <sup>2</sup> | 9474160 |
| **Total Money Market Funds** | **Total Money Market Funds** |  |
| &nbsp;&nbsp;&nbsp; **(Cost $9,474,160)** | &nbsp;&nbsp;&nbsp; **(Cost $9,474,160)** | 9474160 |
| **Total Short-Term Investments** | **Total Short-Term Investments** |  |
| &nbsp;&nbsp;&nbsp; **(Cost $9,474,160)** | &nbsp;&nbsp;&nbsp; **(Cost $9,474,160)** | 9474160 |
| **Total Investments in Securities: 98.5%** | **Total Investments in Securities: 98.5%** |  |
| &nbsp;&nbsp;&nbsp; **(Cost $178,822,539)** | &nbsp;&nbsp;&nbsp; **(Cost $178,822,539)** | 172242721 |
| Other Assets in Excess of Liabilities: 1.5% | Other Assets in Excess of Liabilities: 1.5% | 2558281 |
| **Total Net Assets: 100.0%** | **Total Net Assets: 100.0%** | $174801002 |

---

---

| | |
|:---|:---|
| <sup>1</sup>  | Non-income producing security. |
| <sup>2</sup>  | Annualized seven-day effective yield as of December 31, 2022. |
| The Global Industry Classifications Standard (GICS<sup>®</sup>) sector and industry classifications was developed by and is the exclusive property of MSCI, Inc. and Standard & Poor's ("S&P"). GICS<sup>®</sup> is a service mark of MSCI, Inc. and S&P and has been licensed for use by the Osterweis Capital Managment. | The Global Industry Classifications Standard (GICS<sup>®</sup>) sector and industry classifications was developed by and is the exclusive property of MSCI, Inc. and Standard & Poor's ("S&P"). GICS<sup>®</sup> is a service mark of MSCI, Inc. and S&P and has been licensed for use by the Osterweis Capital Managment. |

---

------

---

| |
|:---|
| **Summary of Fair Value Disclosure at December 31, 2022 (Unaudited)** |
| The Osterweis Emerging Opportunity Fund (the "Fund") utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are: |
| • Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.<br> • 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.<br> • 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 following is a summary of the inputs used to value the Fund's investments as of December 31, 2022: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Assets: | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Common Stocks<sup>1</sup> | $162768561 | $– | $– | $162768561 |
| Short-Term Investments | 9474160 | – | – | 9474160 |
| Total Assets: | $172242721 | $– | $– | $172242721 |
| <sup>1</sup> See Schedule of Investments for industry breakouts. |  |  |  |  |

---

## 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:** Osterweis Emerging Opportunity Fund

- **b. EDGAR series identifier (if any):** S000055531

- **c. LEI of Series:** 2549006GRQIC9TNOY952

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

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $174497705.39

**Total Liabilities:** $260147.08

**Net Assets:** $174237558.31

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000174818 | 6.09%                | 3.13%                | -6.06%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3515326.19             | $13946911.54                               |
| Month 2  | $-6805716.17             | $12388675.82                               |
| Month 3  | $-210187.87              | $-11151048.90                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Floor & Decor Holdings Inc     | Floor & Decor Holdings Inc                   | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |     53515 | NS      | $3726249.45   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity Inc               | HealthEquity Inc                             | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |     69530 | NS      | $4285829.20   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                   | Innospec Inc                                 | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |     52320 | NS      | $5381635.20   | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems Inc    | Inspire Medical Systems Inc                  | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |     25410 | NS      | $6400270.80   | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                   | Insulet Corp                                 | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |     12763 | NS      | $3757299.57   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Intra-Cellular Therapies Inc   | Intra-Cellular Therapies Inc                 | CUSIP: 46116X101<br>LEI: 5299002U2KGF193IJA20 | Long             | EC               | CORP              | US        |     46245 | NS      | $2447285.40   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications Inc     | Iridium Communications Inc                   | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |     19240 | NS      | $988936.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                        | KBR Inc                                      | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |    135380 | NS      | $7148064.00   | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc          | Lantheus Holdings Inc                        | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     92340 | NS      | $4705646.40   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Hol | MACOM Technology Solutions Holdings Inc      | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    140400 | NS      | $8842392.00   | 5.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp        | Magnolia Oil & Gas Corp                      | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    228005 | NS      | $5346717.25   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates Inc       | Manhattan Associates Inc                     | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |     30550 | NS      | $3708770.00   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott Vacations Worldwide C | Marriott Vacations Worldwide Corp            | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |     59840 | NS      | $8053865.60   | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes U.S. Treasury | Federated Hermes U.S. Treasury Cash Reserves | CUSIP: 60934N682<br>LEI: 25490003NTA1P9CI5X97 | Long             | STIV             | RF                | US        |   9474160 | NS      | $9474160.25   | 5.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Montrose Environmental Group I | Montrose Environmental Group Inc             | CUSIP: 615111101<br>LEI: 254900ASI8K3LUB8Q958 | Long             | EC               | CORP              | US        |    104965 | NS      | $4659396.35   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                     | Natera Inc                                   | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28075 | NS      | $1127772.75   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc            | Onto Innovation Inc                          | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     82832 | NS      | $5640030.88   | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc             | Planet Fitness Inc                           | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |     40670 | NS      | $3204796.00   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Replimune Group Inc            | Replimune Group Inc                          | CUSIP: 76029N106<br>LEI: 549300AY704NEIRC4K64 | Long             | EC               | CORP              | US        |     90680 | NS      | $2466496.00   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc               | SPS Commerce Inc                             | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |     49945 | NS      | $6414436.35   | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares Inc     | ServisFirst Bancshares Inc                   | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49350 | NS      | $3400708.50   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Shockwave Medical Inc          | Shockwave Medical Inc                        | CUSIP: 82489T104<br>LEI: 549300LDXO56IC5Y1538 | Long             | EC               | CORP              | US        |     20538 | NS      | $4222818.18   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Laboratories Inc       | Silicon Laboratories Inc                     | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |     31775 | NS      | $4310914.25   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Tandem Diabetes Care Inc       | Tandem Diabetes Care Inc                     | CUSIP: 875372203<br>LEI: 549300JEPFOD0K4D3I05 | Long             | EC               | CORP              | US        |     76745 | NS      | $3449687.75   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                    | Trex Co Inc                                  | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     85555 | NS      | $3621543.15   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp            | Verra Mobility Corp                          | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |    252705 | NS      | $3494910.15   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ZipRecruiter Inc               | ZipRecruiter Inc                             | CUSIP: 98980B103<br>LEI: 549300HLOVNNFCY2IV80 | Long             | EC               | CORP              | US        |    242615 | NS      | $3983738.30   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Cor | Zurn Elkay Water Solutions Corp              | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |    186175 | NS      | $3937601.25   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc            | Axon Enterprise Inc                          | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |     39985 | NS      | $6634711.05   | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Bentley Systems Inc            | Bentley Systems Inc                          | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |    104700 | NS      | $3869712.00   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BioLife Solutions Inc          | BioLife Solutions Inc                        | CUSIP: 09062W204<br>LEI: 549300G2IVCMC2TJDW72 | Long             | EC               | CORP              | US        |     73318 | NS      | $1334387.60   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                     | Azenta Inc                                   | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |     39340 | NS      | $2290374.80   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Topgolf Callaway Brands Corp   | Topgolf Callaway Brands Corp                 | CUSIP: 131193104<br>LEI: 5493005UB0KFRKBPCU72 | Long             | EC               | CORP              | US        |    302790 | NS      | $5980102.50   | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries Inc           | Cavco Industries Inc                         | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28190 | NS      | $6377987.50   | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Chefs' Warehouse Inc/The       | Chefs' Warehouse Inc/The                     | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |    159860 | NS      | $5320140.80   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cutera Inc                     | Cutera Inc                                   | CUSIP: 232109108<br>LEI: 529900NPKPEWJWR21Z42 | Long             | EC               | CORP              | US        |     58150 | NS      | $2571393.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleVerify Holdings Inc      | DoubleVerify Holdings Inc                    | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    113300 | NS      | $2488068.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstService Corp              | FirstService Corp                            | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |     57743 | NS      | $7076404.65   | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Five9 Inc                      | Five9 Inc                                    | CUSIP: 338307101<br>LEI: 254900MXP6EWY0SFFR59 | Long             | EC               | CORP              | US        |     27870 | NS      | $1891258.20   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-21

**Name of Applicant:** Professionally Managed Portfolios

**Signature:** /s/ Melissa Breitzman

**Name of Signer:** Melissa Breitzman

**Title:** Assistant Treasurer