# EDGAR Filing Document

**Accession Number:** 0001437249
**File Stem:** 0000910472-25-002827
**Filing Date:** 2025-10
**Character Count:** 22040
**Document Hash:** 1d71d62c2e297a182d9685ea4e502d6a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-002827.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0000910472-25-002827

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251030

**DATE AS OF CHANGE**: 20251030

**PERIOD START**: 20260531

**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:** 251433079

**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

### BFS Equity Fund (Series ID: S000042102)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000245604 | BFS Equity Fund Institutional Class | BFSIX           |

## Nport-Ex

BFS

Equity

Fund

Schedule

of

Investments

August

31,

2025

-

(Unaudited)

COMMON

STOCKS

—

92.96%

Shares

Fair

Value

Aerospace

&

Defense

—

1.88%

Northrop

Grumman

Corp.

2,000

$

1,180,080

Banking

—

6.40%

Bank

of

America

Corp.

20,000

1,014,800

JPMorgan

Chase

&

Co.

10,000

3,014,200

4,029,000

Beverages

—

0.88%

Coca-Cola

Co.

(The)

8,000

551,920

Biotech

&

Pharmaceuticals

—

0.37%

Zoetis,

Inc.,

Class

A

1,500

234,600

Building

Products

—

1.04%

Carrier

Global

Corp.

10,000

652,000

Chemicals

—

4.38%

Air

Products

&

Chemicals,

Inc.

5,000

1,470,550

Ecolab,

Inc.

2,000

554,080

Sherwin-Williams

Co.

(The)

2,000

731,660

2,756,290

E-Commerce

Discretionary

—

4.37%

Amazon.com,

Inc.

(a) 12,000

2,748,000

Home

Construction

—

2.02%

D.R.

Horton,

Inc.

7,500

1,271,100

Insurance

—

2.84%

Berkshire

Hathaway,

Inc.,

Class

B

(a) 1,500

754,470

Marsh

&

McLennan

Cos.,

Inc.

5,000

1,029,050

1,783,520

Internet

Media

&

Services

—

10.70%

Alphabet,

Inc.,

Class

A

16,000

3,406,560

Meta

Platforms,

Inc.,

Class

A

4,500

3,324,150

6,730,710

Machinery

—

4.37%

Caterpillar,

Inc.

1,000

419,040

Deere

&

Co.

2,500

1,196,600

Parker-Hannifin

Corp.

1,500

1,139,025

2,754,665

Medical

Equipment

&

Devices

—

4.24%

Danaher

Corp.

4,000

823,280

Stryker

Corp.

2,500

978,525

Thermo

Fisher

Scientific,

Inc.

1,750

862,260

2,664,065

Metals

&

Mining

—

5.55%

Agnico

Eagle

Mines

Ltd.

9,000

1,297,530

Alamos

Gold,

Inc.,

Class

A

50,000

1,522,500

Barrick

Mining

Corp.

(a) 25,000

665,750

3,485,780

BFS

Equity

Fund

Schedule

of

Investments

(continued)

August

31,

2025

-

(Unaudited)

COMMON

STOCKS

—

92.96%

-

continued

Shares

Fair

Value

Oil

&

Gas

Producers

—

2.36%

ConocoPhillips

15,000

$

1,484,550

Pharmaceuticals

—

0.98%

Pfizer,

Inc.

25,000

619,000

Retail

-

Consumer

Staples

—

2.25%

Costco

Wholesale

Corp.

1,500

1,414,980

Retail

-

Discretionary

—

2.46%

Lowe's

Companies,

Inc.

6,000

1,548,360

Semiconductors

—

9.09%

Broadcom,

Inc.

7,500

2,230,425

NVIDIA

Corp.

20,000

3,483,600

5,714,025

Software

—

11.22%

Adobe,

Inc.

(a) 2,000

713,400

Microsoft

Corp.

8,500

4,306,865

Oracle

Corp.

9,000

2,035,170

7,055,435

Specialty

Finance

—

1.32%

American

Express

Co.

2,500

828,200

Specialty

Retail

—

2.59%

Home

Depot,

Inc.

(The)

4,000

1,627,080

Technology

Hardware

—

4.06%

Apple,

Inc.

11,000

2,553,540

Technology

Services

—

7.59%

Automatic

Data

Processing,

Inc.

3,000

912,150

Fiserv,

Inc.

(a) 15,000

2,072,700

MasterCard,

Inc.,

Class

A

3,000

1,785,870

4,770,720

Total

Common

Stocks

(Cost $23,856,909)

58,457,620

U.S.

GOVERNMENT

&

AGENCIES

(b) —

3.94%

Principal

Amount

United

States

Treasury

Bill,

4.25 %

,

10/28/2025

$

1,000,000

993,560

United

States

Treasury

Bill,

4.33 %

,

11/25/2025

1,500,000

1,485,983

Total

U.S.

Government

&

Agencies

(Cost $2,478,376)

2,479,543

BFS

Equity

Fund

Schedule

of

Investments

(continued)

August

31,

2025

-

(Unaudited)

MONEY

MARKET

FUNDS

-

3.29%

Shares

Fair

Value

Fidelity

Investments

Money

Market

Government

Portfolio,

Institutional

Class,

4.25%

(c) 2,071,547

$

2,071,547

Total

Money

Market

Funds

(Cost

$2,071,547)

2,071,547

Total

Investments

—

100.19%

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$28,406,832)

63,008,710

Liabilities

in

Excess

of

Other

Assets — (0.19)%

(116,761)

NET

ASSETS

—

100.00%

$

62,891,949

(a) Non-income

producing

security.

(b) The

rate

shown

represents

effective

yield

at

time

of

purchase.

(c) Rate

disclosed

is

the

seven

day

effective

yield

as

of

August

31,

2025.

## 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:** BRADLEY FOSTER & SARGENT EQUITY FUND

- **b. EDGAR series identifier (if any):** S000042102

- **c. LEI of Series:** 549300N4OZTGIF06QO32

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2025-08-31

**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:** $63090156.21

**Total Liabilities:** $68931.92

**Net Assets:** $63021224.29

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000245604 | 5.00%                | 2.66%                | 2.40%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $50.82                   | $2872257.98                                |
| Month 2  | $641290.16               | $939152.98                                 |
| Month 3  | $136485.67               | $1367216.23                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Barrick Mining Corp.             | Barrick Mining Corp.                                            | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |     25000 | NS      | $665750.00    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills     | United States Treasury Bill                                     | CUSIP: 912797RE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $993560.00    | 1.58%             | 2025-10-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc.                      | Fiserv, Inc.                                                    | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     15000 | NS      | $2072700.00   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                  | Home Depot, Inc./The                                            | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      4000 | NS      | $1627080.00   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                     | Oracle Corp.                                                    | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      9000 | NS      | $2035170.00   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corporation              | Danaher Corp.                                                   | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      4000 | NS      | $823280.00    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                        | Adobe Systems, Inc.                                             | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      2000 | NS      | $713400.00    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.          | Berkshire Hathaway, Inc.                                        | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      1500 | NS      | $754470.00    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated          | MasterCard, Inc.                                                | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3000 | NS      | $1785870.00   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                   | ConocoPhillips                                                  | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     15000 | NS      | $1484550.00   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.  | Automatic Data Processing, Inc.                                 | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      3000 | NS      | $912150.00    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills     | United States Treasury Bill 11/25/2025                          | CUSIP: 912797RQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $1485982.50   | 2.36%             | 2025-11-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.            | Bank of America Corp.                                           | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     20000 | NS      | $1014800.00   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                    | Alphabet, Inc.                                                  | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     16000 | NS      | $3406560.00   | 5.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                       | Apple, Inc.                                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     11000 | NS      | $2553540.00   | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corporation       | Carrier Global Corp.                                            | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     10000 | NS      | $652000.00    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                  | Caterpillar, Inc.                                               | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      1000 | NS      | $419040.00    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products & Chemicals, Inc.   | Air Products & Chemicals, Inc.                                  | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |      5000 | NS      | $1470550.00   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                      | Pfizer, Inc.                                                    | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     25000 | NS      | $619000.00    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                  | Microsoft Corp.                                                 | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      8500 | NS      | $4306865.00   | 6.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation     | Costco Wholesale Corp.                                          | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1500 | NS      | $1414980.00   | 2.25%             |  |  |  | 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        |   2071547 | PA      | $2071547.36   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc               | Meta Platforms, Inc.                                            | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      4500 | NS      | $3324150.00   | 5.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation              | Stryker Corp.                                                   | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      2500 | NS      | $978525.00    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.            | Parker-Hannifin Corp.                                           | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      1500 | NS      | $1139025.00   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold Inc.                 | Alamos Gold, Inc.                                               | CUSIP: 011532108<br>LEI: 549300TDOX73YGYXE959 | Long             | EC               | CORP              | CA        |     50000 | NS      | $1522500.00   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd           | Agnico Eagle Mines Ltd.                                         | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |      9000 | NS      | $1297530.00   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                     | NVIDIA Corp.                                                    | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     20000 | NS      | $3483600.00   | 5.53%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company         | American Express Co.                                            | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      2500 | NS      | $828200.00    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc. | Marsh & McLennan Cos., Inc.                                     | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      5000 | NS      | $1029050.00   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corporation     | Northrop Grumman Corp.                                          | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      2000 | NS      | $1180080.00   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                      | Zoetis, Inc.                                                    | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      1500 | NS      | $234600.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                      | Ecolab, Inc.                                                    | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      2000 | NS      | $554080.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                  | Deere & Co.                                                     | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      2500 | NS      | $1196600.00   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)               | Coca-Cola Co./The                                               | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      8000 | NS      | $551920.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc     | Thermo Fisher Scientific, Inc.                                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1750 | NS      | $862260.00    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                     | Broadcom, Inc.                                                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      7500 | NS      | $2230425.00   | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.            | Lowe's Cos., Inc.                                               | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      6000 | NS      | $1548360.00   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                 | Amazon.com, Inc.                                                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     12000 | NS      | $2748000.00   | 4.36%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.             | JPMorgan Chase & Co.                                            | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     10000 | NS      | $3014200.00   | 4.78%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. Horton, Inc.                | D.R. Horton, Inc.                                               | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      7500 | NS      | $1271100.00   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| The Sherwin-Williams Company     | Sherwin-Williams Co./The                                        | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      2000 | NS      | $731660.00    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-31

**Name of Applicant:** Valued Advisers Trust

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller