# EDGAR Filing Document

**Accession Number:** 0000811030
**File Stem:** 0001145549-23-008108
**Filing Date:** 2023-2
**Character Count:** 27682
**Document Hash:** 195261ef0a17142c96a8c4322caefd3e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-008108.hdr.sgml**: 20230222

**ACCESSION NUMBER**: 0001145549-23-008108

**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**: 20230930

**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:** 23652271

**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

### Boston Common ESG Impact U.S. Equity Fund (Series ID: S000030908)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000095890 | Boston Common ESG Impact U.S. Equity | BCAMX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Boston Common ESG Impact U.S. Equity Fund** | **Boston Common ESG Impact U.S. Equity Fund** | |
| Schedule of Investments | Schedule of Investments |  |
| December 31, 2022 (Unaudited) | December 31, 2022 (Unaudited) |  |
| **Shares** |  | **Value** |
| **COMMON STOCKS - 97.4%** | **COMMON STOCKS - 97.4%** |  |
| **Communication Services - 7.5%** | **Communication Services - 7.5%** |  |
| 300 | Alphabet, Inc. - Class A <sup>1</sup> | $26469 |
| 23400 | Alphabet, Inc. - Class C <sup>1</sup> | 2076282 |
| 2707 | Netflix, Inc. <sup>1</sup> | 798240 |
| 21169 | Verizon Communications, Inc. | 834059 |
| 50 | Walt Disney Company | 4344 |
|  |  | 3739394 |
| **Consumer Discretionary - 11.2%** | **Consumer Discretionary - 11.2%** |  |
| 3485 | Advance Auto Parts, Inc. | 512400 |
| 275 | Booking Holdings, Inc. <sup>1</sup> | 554202 |
| 3412 | Home Depot, Inc. | 1077714 |
| 8085 | Ralph Lauren Corp. | 854342 |
| 6611 | Target Corp. | 985303 |
| 19932 | TJX Companies, Inc. | 1586587 |
|  |  | 5570548 |
| **Consumer Staples - 8.5%** | **Consumer Staples - 8.5%** |  |
| 7455 | Colgate-Palmolive Company | 587380 |
| 2001 | Costco Wholesale Corp. | 913457 |
| 3965 | The Estee Lauder Companies, Inc. - Class A | 983756 |
| 11854 | McCormick & Company, Inc. | 982578 |
| 11536 | Mondelez International, Inc. - Class A | 768874 |
|  |  | 4236045 |
| **Financials - 11.6%** | **Financials - 11.6%** |  |
| 2409 | Ameriprise Financial, Inc. | 750090 |
| 3612 | Aon PLC - Class A | 1084106 |
| 175 | Citigroup, Inc. | 7915 |
| 5721 | CME Group, Inc. - Class A | 962043 |
| 9384 | MetLife, Inc. | 679120 |
| 9474 | Morgan Stanley | 805480 |
| 9478 | PNC Financial Services Group, Inc. | 1496955 |
|  |  | 5785709 |
| **Health Care - 16.3%** | **Health Care - 16.3%** |  |
| 6403 | Agilent Technologies, Inc. | 958209 |
| 115 | Biogen, Inc. <sup>1</sup> | 31846 |
| 3786 | Danaher Corp. | 1004880 |
| 25435 | Merck & Company, Inc. | 2822013 |
| 5230 | Novo Nordisk A/S - ADR | 707828 |
| 2600 | Quest Diagnostics, Inc. | 406744 |
| 1699 | Regeneron Pharmaceuticals, Inc. <sup>1</sup> | 1225811 |
| 3434 | Vertex Pharmaceuticals, Inc. <sup>1</sup> | 991671 |
|  |  | 8149002 |
| **Industrials - 8.7%** | **Industrials - 8.7%** |  |
| 16224 | Carrier Global Corp. | 669240 |
| 3745 | Cummins, Inc. | 907376 |
| 11393 | Emerson Electric Company | 1094412 |
| 7873 | Wabtec Corp. | 785804 |
| 8249 | Xylem, Inc. | 912092 |
|  |  | 4368924 |
| **Information Technology - 24.8%** | **Information Technology - 24.8%** |  |
| 2238 | Adobe, Inc. | 753154 |
| 3406 | Analog Devices, Inc. | 558686 |
| 22115 | Apple, Inc. | 2873402 |
| 6427 | Applied Materials, Inc. | 625861 |
| 3304 | Enphase Energy, Inc. <sup>1</sup> | 875428 |
| 740 | First Solar, Inc. <sup>1</sup> | 110844 |
| 2226 | Intuit, Inc. | 866404 |
| 14096 | Microsoft Corp. | 3380503 |
| 7390 | PayPal Holdings, Inc. | 526316 |
| 220 | salesforce.com, Inc. <sup>1</sup> | 29170 |
| 8680 | Visa, Inc. - Class A | 1803357 |
|  |  | 12403125 |
| **Materials - 2.2%** | **Materials - 2.2%** |  |
| 3834 | AptarGroup, Inc. | 421663 |
| 4525 | Ecolab, Inc. | 658659 |
|  |  | 1080322 |
| **Real Estate - 2.8%** | **Real Estate - 2.8%** |  |
| 30794 | Kimco Realty Corp. - REIT | 652217 |
| 24873 | Weyerhaeuser Company - REIT | 771063 |
|  |  | 1423280 |
| **Utilities - 3.8%** | **Utilities - 3.8%** |  |
| 6338 | American Water Works Company, Inc. | 966038 |
| 10009 | Consolidated Edison, Inc. | 953958 |
|  |  | 1919996 |
| **TOTAL COMMON STOCKS** (Cost $32,565,368) | **TOTAL COMMON STOCKS** (Cost $32,565,368) | 48676345 |
| **SHORT TERM INVESTMENTS - 2.6%** | **SHORT TERM INVESTMENTS - 2.6%** |  |
| **Money Market Funds - 2.6%** | **Money Market Funds - 2.6%** |  |
| 1281048 | First American Treasury Obligations Fund - Class X, 4.190% <sup>2</sup> | 1281048 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $1,281,048) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $1,281,048) | 1281048 |
| **TOTAL INVESTMENTS - 100.0%** (Cost $33,846,416) | **TOTAL INVESTMENTS - 100.0%** (Cost $33,846,416) | 49957393 |
| Other Assets in Excess of Liabilities - 0.0% <sup>3</sup> | Other Assets in Excess of Liabilities - 0.0% <sup>3</sup> | 5012 |
| **NET ASSETS - 100.0%** | **NET ASSETS - 100.0%** | $49962405 |

---

---

| | |
|:---|:---|
| ADR | American Depositary Receipt |
| REIT | Real Estate Investment Trust |
| <sup>1</sup> | Non-income producing security. |
| <sup>2</sup> | Annualized seven-day effective yield as of December 31, 2022. |
| <sup>3</sup> | Does not round to 0.1% or (0.1)%, as applicable. |
|  | The Global Industry Classification Standard (GICS<sup>®</sup>) was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor 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. Bancorp |

---

------

---

| |
|:---|
| **Boston Common ESG Impact U.S. Equity Fund**<br>**Summary of Fair Value Exposure at December 31, 2022 (Unaudited)** |
| The Boston Common ESG Impact U.S. Equity 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 spreads, 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. See Schedule of Investments for sector breakouts: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Common Stocks** | $48676345 | $- | $- | $48676345 |
| **Short-Term Investments** | 1281048 | - | - | 1281048 |
| **Total Investments in Securities** | $49957393 | $- | $- | $49957393 |

---

## 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:** Boston Common ESG Impact U.S. Equity Fund

- **b. EDGAR series identifier (if any):** S000030908

- **c. LEI of Series:** 254900RNRFP3EEDFE637

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

- **a. Date of fiscal year-end:** 2023-09-30

- **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:** $50058996.75

**Total Liabilities:** $97654.94

**Net Assets:** $49961341.81

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000095890 | 8.55%                | 6.24%                | -4.93%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-133989.62              | $4108747.28                                |
| Month 2  | $0.00                    | $3121331.50                                |
| Month 3  | $-502928.70              | $-2192148.98                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Adobe Inc                      | Adobe Inc                                | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      2238 | NS      | $753154.14    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc         | Advance Auto Parts Inc                   | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |      3485 | NS      | $512399.55    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc       | Agilent Technologies Inc                 | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      6403 | NS      | $958208.95    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                             | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     23400 | NS      | $2076282.00   | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       300 | NS      | $26469.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc    | American Water Works Co Inc              | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      6338 | NS      | $966037.96    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc       | Ameriprise Financial Inc                 | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      2409 | NS      | $750090.33    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc             | Analog Devices Inc                       | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      3406 | NS      | $558686.18    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     22115 | NS      | $2873401.95   | 5.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc          | Applied Materials Inc                    | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      6427 | NS      | $625861.26    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup Inc                 | AptarGroup Inc                           | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |      3834 | NS      | $421663.32    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                     | Biogen Inc                               | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |       115 | NS      | $31845.80     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc           | Booking Holdings Inc                     | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       275 | NS      | $554202.00    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                  | CME Group Inc                            | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      5721 | NS      | $962043.36    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp            | Carrier Global Corp                      | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     16224 | NS      | $669240.00    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                  | Citigroup Inc                            | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |       175 | NS      | $7915.25      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co           | Colgate-Palmolive Co                     | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      7455 | NS      | $587379.45    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc        | Consolidated Edison Inc                  | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     10009 | NS      | $953957.79    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                    | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      2001 | NS      | $913456.50    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                    | Cummins Inc                              | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      3745 | NS      | $907376.05    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                   | Danaher Corp                             | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      3786 | NS      | $1004880.12   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The             | Walt Disney Co/The                       | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |        50 | NS      | $4344.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                     | Ecolab Inc                               | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      4525 | NS      | $658659.00    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co            | Emerson Electric Co                      | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     11393 | NS      | $1094411.58   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc             | Enphase Energy Inc                       | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      3304 | NS      | $875427.84    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund | CUSIP: 31846V328<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1281048 | NS      | $1281048.19   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                | First Solar Inc                          | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |       740 | NS      | $110844.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                       | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      3412 | NS      | $1077714.32   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                               | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      2226 | NS      | $866403.72    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| KRC Interim Corp               | KRC Interim Corp                         | CUSIP: 49446R109<br>LEI: 549300EA7I6T15IBYS12 | Long             | EC               | CORP              | US        |     30794 | NS      | $652216.92    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos Inc/The       | Estee Lauder Cos Inc/The                 | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |      3965 | NS      | $983756.15    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Co Inc/MD          | McCormick & Co Inc/MD                    | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |     11854 | NS      | $982578.06    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     25435 | NS      | $2822013.25   | 5.65%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                    | MetLife Inc                              | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |      9384 | NS      | $679120.08    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     14096 | NS      | $3380502.72   | 6.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc     | Mondelez International Inc               | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     11536 | NS      | $768874.40    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                 | Morgan Stanley                           | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      9474 | NS      | $805479.48    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                              | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      2707 | NS      | $798240.16    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S               | Novo Nordisk A/S                         | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |      5230 | NS      | $707828.20    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group I | PNC Financial Services Group Inc/The     | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |      9478 | NS      | $1496955.32   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc            | PayPal Holdings Inc                      | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      7390 | NS      | $526315.80    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc          | Quest Diagnostics Inc                    | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      2600 | NS      | $406744.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp              | Ralph Lauren Corp                        | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      8085 | NS      | $854341.95    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc  | Regeneron Pharmaceuticals Inc            | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      1699 | NS      | $1225811.51   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                 | Salesforce Inc                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |       220 | NS      | $29169.80     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                          | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     19932 | NS      | $1586587.20   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                    | Target Corp                              | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      6611 | NS      | $985303.44    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc               | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     21169 | NS      | $834058.60    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc     | Vertex Pharmaceuticals Inc               | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      3434 | NS      | $991670.52    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      8680 | NS      | $1803356.80   | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technol | Westinghouse Air Brake Technologies Corp | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |      7873 | NS      | $785804.13    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co                | Weyerhaeuser Co                          | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |     24873 | NS      | $771063.00    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                   | Xylem Inc/NY                             | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      8249 | NS      | $912091.93    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                        | Aon PLC                                  | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | US        |      3612 | NS      | $1084105.68   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Professionally Managed Portfolios

**Signature:** /s/ Jennifer Smith

**Name of Signer:** Jennifer Smith

**Title:** Assistant Treasurer