# EDGAR Filing Document

**Accession Number:** 0001511699
**File Stem:** 0001398344-25-021336
**Filing Date:** 2025-11
**Character Count:** 30139
**Document Hash:** 2488f148782c3a070757b2d40fe86e39
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-021336.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001398344-25-021336

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Managed Portfolio Series
- **CENTRAL INDEX KEY:** 0001511699

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22525
- **FILM NUMBER:** 251530748

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

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

## Series and Classes Contracts Data

### Prospector Opportunity Fund (Series ID: S000086388)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000251895 | Prospector Opportunity Fund | POPFX           |

## Nport-Ex

---

| |
|:---|
| **Prospector Opportunity Fund** |
| **Schedule of Investments** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 92.2%** | **Shares** | **Value** |
| **Banks - 13.8%** | **Banks - 13.8%** | |
| Ameris Bancorp | 77639 | $5691715 |
| Bank of N.T. Butterfield & Son | 72242 | 3100627 |
| First National Bank | 279973 | 4510365 |
| KeyCorp | 152442 | 2849141 |
| NB Bancorp | 102733 | 1813237 |
| PNC Financial Services Group | 28709 | 5768499 |
| Prosperity Bancshares | 99528 | 6603683 |
| SouthState | 65416 | 6467680 |
|  |  | 36804947 |
| **Communication Services - 2.1%** |  |  |
| Alphabet, Inc. - Class A | 17928 | 4358297 |
| Alphabet, Inc. - Class C | 5067 | 1234068 |
|  |  | 5592365 |
| **Consumer Discretionary - 5.2%** |  |  |
| Darden Restaurants | 27294 | 5195686 |
| eBay | 32648 | 2969336 |
| Home Depot | 7761 | 3144679 |
| Texas Roadhouse | 14918 | 2478626 |
|  |  | 13788327 |
| **Consumer Staples - 6.0%** |  |  |
| Church & Dwight | 35501 | 3110952 |
| Colgate-Palmolive | 41071 | 3283216 |
| Kenvue | 180300 | 2926269 |
| Mondelez International - Class A | 37789 | 2360679 |
| Nomad Foods | 153749 | 2021799 |
| Simply Good Foods Co. <sup>(a)</sup> | 99390 | 2466860 |
|  |  | 16169775 |
| **Diversified Financial Services - 3.2%** |  |  |
| CBOE Global Markets | 14458 | 3545825 |
| Fidelity National Information Services | 47092 | 3105246 |
| MarketAxess Holdings, Inc. | 11311 | 1970942 |
|  |  | 8622013 |
| **Energy - 5.3%** |  |  |
| Devon Energy | 70734 | 2479934 |
| Exxon Mobil | 30211 | 3406290 |
| Permian Resources | 145028 | 1856359 |
| Schlumberger | 52845 | 1816283 |
| Suncor Energy | 107535 | 4496038 |
|  |  | 14054904 |
| **Health Care - 7.4%** |  |  |
| Abbott Laboratories | 32352 | 4333227 |
| Cigna | 9773 | 2817067 |
| Hologic <sup>(a)</sup> | 41650 | 2810958 |
| Johnson & Johnson | 11962 | 2217994 |
| Merck & Co. | 35192 | 2953665 |
| Option Care Health <sup>(a)</sup> | 95300 | 2645528 |
| Pfizer | 74664 | 1902439 |
|  |  | 19680878 |
| **Industrials - 11.2%** |  |  |
| Booz Allen Hamilton Holding Corp. | 19732 | 1972213 |
| CACI International - Class A <sup>(a)</sup> | 10640 | 5307019 |
| Carrier Global | 86676 | 5174557 |
| Curtiss-Wright | 5843 | 3172399 |
| Eaton | 8339 | 3120871 |

---

---

| | | |
|:---|:---|:---|
| Honeywell International | 14824.0 | 3120452 |
| Pentair | 35036.0 | 3880587 |
| V2X <sup>(a)</sup> | 70180.0 | 4076756 |
|  |  | 29824854 |
| **Information Technology - 7.6%** |  |  |
| Littelfuse | 32827.0 | 8502521 |
| Teradyne | 29332.0 | 4037257 |
| Trimble <sup>(a)</sup> | 54418.0 | 4443230 |
| Zebra Technologies - Class A <sup>(a)</sup> | 10964.0 | 3258062 |
|  |  | 20241070 |
| **Insurance Brokers - 4.5%** |  |  |
| Arthur J. Gallagher & Co. | 13732.0 | 4253349 |
| Brown & Brown | 83982.0 | 7876672 |
|  |  | 12130021 |
| **Life & Health Insurance - 7.4%** |  |  |
| Globe Life | 58575.0 | 8374468 |
| Primerica | 26737.0 | 7421924 |
| Unum Group | 50062.0 | 3893822 |
|  |  | 19690214 |
| **Materials - 4.3%** |  |  |
| Axalta Coating Systems <sup>(a)</sup> | 76023.0 | 2175778 |
| Newmont Goldcorp | 58920.0 | 4967545 |
| PPG Industries | 42248.0 | 4440688 |
|  |  | 11584011 |
| **Property & Casualty Insurance - 8.1%** |  |  |
| Fairfax Financial Holdings | 4553.0 | 7959873 |
| First American Financial | 53409.0 | 3430994 |
| Hiscox | 192285.0 | 3540289 |
| Progressive | 11759.0 | 2903885 |
| White Mountains Insurance Group | 2363.0 | 3949802 |
|  |  | 21784843 |
| **Real Estate - 3.9%** |  |  |
| CubeSmart | 44096.0 | 1792943 |
| Howard Hughes Holdings <sup>(a)</sup> | 52954.0 | 4351230 |
| St Joe Co. | 86206.0 | 4265473 |
|  |  | 10409646 |
| **Reinsurance - 2.2%** |  |  |
| Everest Re Group | 16643.0 | 5828878 |
| **TOTAL COMMON STOCKS** (Cost $169,087,089) |  | 246206746 |

---

---

| | | |
|:---|:---|:---|
| **EXCHANGE TRADED FUNDS - 1.5%** | **Shares** | **Value** |
| Aberdeen Standard Physical Platinum Shares Fund<sup>(a)</sup> | 29139 | 4163380 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $2,497,220) |  | 4163380 |
| **SHORT-TERM INVESTMENTS** |  |  |

---

---

| | | |
|:---|:---|:---|
| **MONEY MARKET FUNDS - 6.3%** | **Shares** | **Value** |
| First American Treasury Obligations Fund - Class X, 4.02%<sup>(b)</sup> | 16873982 | 16873982 |
| **TOTAL MONEY MARKET FUNDS** (Cost $16,873,982) |  | 16873982 |
| **TOTAL INVESTMENTS - 100.0%** (Cost $188,458,291) |  | 267244108 |
| Liabilities in Excess of Other Assets - (0.0)% |  | (94063) |
| **TOTAL NET ASSETS - 100.0%** |  | $267150045 |

---

Percentages are stated as a percent of net assets.

The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> The rate shown represents the 7-day annualized yield as of September 30, 2025.

<sup>(c)</sup> Represents less than 0.05% of net assets.

**Summary of Fair Value Disclosure as of September 30, 2025 (Unaudited)**

Prospector Opportunity Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks | $246206746 | $– | $– | $246206746 |
| &nbsp;&nbsp;&nbsp;Exchange Traded Funds | 4163380 |  |  | 4163380 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | 16873982 | – | – | 16873982 |
| Total Investments | $267244108 | $– | $– | $267244108 |

---

Refer to the Schedule of Investments for further disaggregation of investment categories.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Managed Portfolio Series

- **b. Investment Company Act file number:** 811-22525

- **c. CIK number of Registrant:** 0001511699

- **d. LEI of Registrant:** 254900SQ3GG01NP4WM65

- **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:** 414-516-1712

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

- **a. Name of Series:** Prospector Opportunity Fund

- **b. EDGAR series identifier (if any):** S000086388

- **c. LEI of Series:** 529900D33KP4T70YXJ16

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $267449148.38

**Total Liabilities:** $274944.69

**Net Assets:** $267174203.69

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000251895 | -0.65%               | 2.72%                | -0.24%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1331996.18              | $-3310026.48                               |
| Month 2  | $-517222.43              | $7557984.96                                |
| Month 3  | $4436749.33              | $-5077943.98                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abbott Laboratories                        | Common Stock      | CUSIP: 002824100<br>LEI: N/A | Long             | EC               | CORP              | US        |     32352 | NS      | $4333226.88   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| abrdn Physical Platinum Shares ETF         | ETF               | CUSIP: 003260106<br>LEI: N/A | Long             | EC               | RF                | US        |     29139 | NS      | $4163380.32   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                               | Common Stock      | CUSIP: 02079K305<br>LEI: N/A | Long             | EC               | CORP              | US        |     17928 | NS      | $4358296.80   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                               | Common Stock      | CUSIP: 02079K107<br>LEI: N/A | Long             | EC               | CORP              | US        |      5067 | NS      | $1234067.85   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                             | Common Stock      | CUSIP: 03076K108<br>LEI: N/A | Long             | EC               | CORP              | US        |     77639 | NS      | $5691715.09   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co                    | Common Stock      | CUSIP: 363576109<br>LEI: N/A | Long             | EC               | CORP              | US        |     13732 | NS      | $4253349.68   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Ltd                 | Common Stock      | CUSIP: G0750C108<br>LEI: N/A | Long             | EC               | CORP              | BM        |     76023 | NS      | $2175778.26   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of NT Butterfield & Son Ltd/The       | Common Stock      | CUSIP: G0772R208<br>LEI: N/A | Long             | EC               | CORP              | BM        |     72242 | NS      | $3100626.64   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp           | Common Stock      | CUSIP: 099502106<br>LEI: N/A | Long             | EC               | CORP              | US        |     19732 | NS      | $1972213.40   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                          | Common Stock      | CUSIP: 115236101<br>LEI: N/A | Long             | EC               | CORP              | US        |     83982 | NS      | $7876671.78   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc                     | Common Stock      | CUSIP: 127190304<br>LEI: N/A | Long             | EC               | CORP              | US        |     10640 | NS      | $5307019.20   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp                        | Common Stock      | CUSIP: 14448C104<br>LEI: N/A | Long             | EC               | CORP              | US        |     86676 | NS      | $5174557.20   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc                    | Common Stock      | CUSIP: 12503M108<br>LEI: N/A | Long             | EC               | CORP              | US        |     14458 | NS      | $3545824.50   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc                     | Common Stock      | CUSIP: 171340102<br>LEI: N/A | Long             | EC               | CORP              | US        |     35501 | NS      | $3110952.63   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                            | Common Stock      | CUSIP: 125523100<br>LEI: N/A | Long             | EC               | CORP              | US        |      9773 | NS      | $2817067.25   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                       | Common Stock      | CUSIP: 194162103<br>LEI: N/A | Long             | EC               | CORP              | US        |     41071 | NS      | $3283215.74   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                  | REIT              | CUSIP: 229663109<br>LEI: N/A | Long             | EC               | CORP              | US        |     44096 | NS      | $1792943.36   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp                        | Common Stock      | CUSIP: 231561101<br>LEI: N/A | Long             | EC               | CORP              | US        |      5843 | NS      | $3172398.42   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants Inc                     | Common Stock      | CUSIP: 237194105<br>LEI: N/A | Long             | EC               | CORP              | US        |     27294 | NS      | $5195685.84   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                          | Common Stock      | CUSIP: 25179M103<br>LEI: N/A | Long             | EC               | CORP              | US        |     70734 | NS      | $2479934.04   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                             | Common Stock      | CUSIP: G29183103<br>LEI: N/A | Long             | EC               | CORP              | IE        |      8339 | NS      | $3120870.75   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                                   | Common Stock      | CUSIP: 278642103<br>LEI: N/A | Long             | EC               | CORP              | US        |     32648 | NS      | $2969335.60   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                          | Common Stock      | CUSIP: G3223R108<br>LEI: N/A | Long             | EC               | CORP              | BM        |     16643 | NS      | $5828877.89   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                           | Common Stock      | CUSIP: 30231G102<br>LEI: N/A | Long             | EC               | CORP              | US        |     30211 | NS      | $3406290.25   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Fairfax Financial Holdings Ltd             | Common Stock      | CUSIP: 303901102<br>LEI: N/A | Long             | EC               | CORP              | CA        |      4553 | NS      | $7959873.31   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc | Common Stock      | CUSIP: 31620M106<br>LEI: N/A | Long             | EC               | CORP              | US        |     47092 | NS      | $3105246.48   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corp              | Common Stock      | CUSIP: 31847R102<br>LEI: N/A | Long             | EC               | RF                | US        |     53409 | NS      | $3430994.16   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obligations Fund   | Money Market Fund | CUSIP: 31846V328<br>LEI: N/A | Long             | STIV             | RF                | US        |  16905786 | NS      | $16905786.38  | 6.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FNB Corp/PA                                | Common Stock      | CUSIP: 302520101<br>LEI: N/A | Long             | EC               | CORP              | US        |    279973 | NS      | $4510365.03   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                             | Common Stock      | CUSIP: 37959E102<br>LEI: N/A | Long             | EC               | CORP              | US        |     58575 | NS      | $8374467.75   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hiscox Ltd                                 | Common Stock      | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | BM        |    192285 | NS      | $3540288.68   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                                | Common Stock      | CUSIP: 436440101<br>LEI: N/A | Long             | EC               | CORP              | US        |     41650 | NS      | $2810958.50   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                         | Common Stock      | CUSIP: 437076102<br>LEI: N/A | Long             | EC               | CORP              | US        |      7761 | NS      | $3144679.59   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                | Common Stock      | CUSIP: 438516106<br>LEI: N/A | Long             | EC               | CORP              | US        |     14824 | NS      | $3120452.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Howard Hughes Holdings Inc                 | Common Stock      | CUSIP: 44267T102<br>LEI: N/A | Long             | EC               | CORP              | US        |     52954 | NS      | $4351230.18   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                          | Common Stock      | CUSIP: 478160104<br>LEI: N/A | Long             | EC               | CORP              | US        |     11962 | NS      | $2217994.04   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue Inc                                 | Common Stock      | CUSIP: 49177J102<br>LEI: N/A | Long             | EC               | CORP              | US        |    180300 | NS      | $2926269.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                    | Common Stock      | CUSIP: 493267108<br>LEI: N/A | Long             | EC               | CORP              | US        |    152442 | NS      | $2849140.98   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc                             | Common Stock      | CUSIP: 537008104<br>LEI: N/A | Long             | EC               | CORP              | US        |     32827 | NS      | $8502521.27   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc                   | Common Stock      | CUSIP: 57060D108<br>LEI: N/A | Long             | EC               | CORP              | US        |     11311 | NS      | $1970941.75   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                             | Common Stock      | CUSIP: 58933Y105<br>LEI: N/A | Long             | EC               | CORP              | US        |     35192 | NS      | $2953664.56   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc                 | Common Stock      | CUSIP: 609207105<br>LEI: N/A | Long             | EC               | CORP              | US        |     37789 | NS      | $2360678.83   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| NB Bancorp Inc                             | Common Stock      | CUSIP: 63945M107<br>LEI: N/A | Long             | EC               | CORP              | US        |    102733 | NS      | $1813237.45   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                               | Common Stock      | CUSIP: 651639106<br>LEI: N/A | Long             | EC               | CORP              | US        |     58920 | NS      | $4967545.20   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomad Foods Ltd                            | Common Stock      | CUSIP: G6564A105<br>LEI: N/A | Long             | EC               | CORP              | VG        |    153749 | NS      | $2021799.35   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Option Care Health Inc                     | Common Stock      | CUSIP: 68404L201<br>LEI: N/A | Long             | EC               | CORP              | US        |     95300 | NS      | $2645528.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                                | Common Stock      | CUSIP: G7S00T104<br>LEI: N/A | Long             | EC               | CORP              | IE        |     35036 | NS      | $3880587.36   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp                     | Common Stock      | CUSIP: 71424F105<br>LEI: N/A | Long             | EC               | CORP              | US        |    145028 | NS      | $1856358.40   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                 | Common Stock      | CUSIP: 717081103<br>LEI: N/A | Long             | EC               | CORP              | US        |     74664 | NS      | $1902438.72   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc/The       | Common Stock      | CUSIP: 693475105<br>LEI: N/A | Long             | EC               | CORP              | US        |     28709 | NS      | $5768499.37   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                         | Common Stock      | CUSIP: 693506107<br>LEI: N/A | Long             | EC               | CORP              | US        |     42248 | NS      | $4440687.28   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica Inc                              | Common Stock      | CUSIP: 74164M108<br>LEI: N/A | Long             | EC               | CORP              | US        |     26737 | NS      | $7421923.83   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                       | Common Stock      | CUSIP: 743315103<br>LEI: N/A | Long             | EC               | CORP              | US        |     11759 | NS      | $2903885.05   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosperity Bancshares Inc                  | Common Stock      | CUSIP: 743606105<br>LEI: N/A | Long             | EC               | CORP              | US        |     99528 | NS      | $6603682.80   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                            | Common Stock      | CUSIP: 806857108<br>LEI: N/A | Long             | EC               | CORP              | CW        |     52845 | NS      | $1816282.65   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Simply Good Foods Co/The                   | Common Stock      | CUSIP: 82900L102<br>LEI: N/A | Long             | EC               | CORP              | US        |     99390 | NS      | $2466859.80   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BK CORP                         | Common Stock      | CUSIP: 84472E102<br>LEI: N/A | Long             | EC               | CORP              | US        |     65416 | NS      | $6467679.92   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| St Joe Co/The                              | Common Stock      | CUSIP: 790148100<br>LEI: N/A | Long             | EC               | CORP              | US        |     86206 | NS      | $4265472.88   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc                          | Common Stock      | CUSIP: 867224107<br>LEI: N/A | Long             | EC               | CORP              | CA        |    107535 | NS      | $4496038.35   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                               | Common Stock      | CUSIP: 880770102<br>LEI: N/A | Long             | EC               | CORP              | US        |     29332 | NS      | $4037256.48   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                        | Common Stock      | CUSIP: 882681109<br>LEI: N/A | Long             | EC               | CORP              | US        |     14918 | NS      | $2478625.70   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                                | Common Stock      | CUSIP: 896239100<br>LEI: N/A | Long             | EC               | CORP              | US        |     54418 | NS      | $4443229.70   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                 | Common Stock      | CUSIP: 91529Y106<br>LEI: N/A | Long             | EC               | CORP              | US        |     50062 | NS      | $3893822.36   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X Inc                                    | Common Stock      | CUSIP: 92242T101<br>LEI: N/A | Long             | EC               | CORP              | US        |     70180 | NS      | $4076756.20   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Group Ltd        | Common Stock      | CUSIP: G9618E107<br>LEI: N/A | Long             | EC               | CORP              | BM        |      2363 | NS      | $3949801.76   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Zebra Technologies Corp                    | Common Stock      | CUSIP: 989207105<br>LEI: N/A | Long             | EC               | CORP              | US        |     10964 | NS      | $3258062.24   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** Managed Portfolio Series

**Signature:** /s/ Benjamin Eirich

**Name of Signer:** Benjamin Eirich

**Title:** Treasurer