# EDGAR Filing Document

**Accession Number:** 0001027596
**File Stem:** 0001145549-25-054404
**Filing Date:** 2025-8
**Character Count:** 24245
**Document Hash:** cbc1450712515428a16575ea12d94edf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-054404.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001145549-25-054404

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ADVISORS SERIES TRUST
- **CENTRAL INDEX KEY:** 0001027596

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07959
- **FILM NUMBER:** 251262519

**BUSINESS ADDRESS:**
- **STREET 1:** U.S BANCORP FUND SERVICES, LLC
- **STREET 2:** 615 E MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 626-914-7235

**MAIL ADDRESS:**
- **STREET 1:** 615 E MICHIGAN STREET
- **STREET 2:** MK-WI-LC2
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Chase Growth Fund (Series ID: S000005073)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000013859 | Class N             | CHASX           |
| C000043306 | Institutional Class | CHAIX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Chase Growth Fund** | **Chase Growth Fund** | **Chase Growth Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 96.6%** | **Shares** | **Value**  |
| **Asset Management - 3.0%** | **Asset Management - 3.0%** | |
| Equitable Holdings, Inc. | 47412 | $2659813 |
| **Beverages - 3.3%** | **Beverages - 3.3%** |  |
| Coca-Cola Europacific Partners PLC | 20416 | 1892972 |
| Coca-Cola Femsa SAB de CV - ADR | 10448 | 1010635 |
|  |  | 2903607 |
| **Brokerage - 1.6%** | **Brokerage - 1.6%** |  |
| Houlihan Lokey, Inc. | 7634 | 1373738 |
| **Computer - Networking - 2.6%** | **Computer - Networking - 2.6%** |  |
| F5, Inc. <sup>(a)</sup> | 7648 | 2250959 |
| **Computer Software - 8.2%** | **Computer Software - 8.2%** |  |
| Gen Digital, Inc. | 97957 | 2879936 |
| SAP SE - ADR | 5952 | 1810003 |
| Twilio, Inc. - Class A <sup>(a)</sup> | 19561 | 2432606 |
|  |  | 7122545 |
| **Computer Software - Gaming - 2.0%** | **Computer Software - Gaming - 2.0%** |  |
| Electronic Arts, Inc. | 10780 | 1721566 |
| **Contract Manufacturing - 4.2%** | **Contract Manufacturing - 4.2%** |  |
| Celestica, Inc. <sup>(a)</sup> | 23313 | 3639392 |
| **Electrical Equipment - 2.9%** | **Electrical Equipment - 2.9%** |  |
| Vertiv Holdings Co. - Class A | 19378 | 2488329 |
| **Electronics - 1.3%** | **Electronics - 1.3%** |  |
| Sanmina Corp. <sup>(a)</sup> | 11626 | 1137372 |
| **Energy/Integrated - 2.0%** | **Energy/Integrated - 2.0%** |  |
| Antero Midstream Corp. | 92858 | 1759659 |
| **Engineering/Construction - 3.9%** | **Engineering/Construction - 3.9%** |  |
| API Group Corp. <sup>(a)</sup> | 29802 | 1521392 |
| MasTec, Inc. <sup>(a)</sup> | 11183 | 1905919 |
|  |  | 3427311 |
| **Finance/Banks - 7.0%** | **Finance/Banks - 7.0%** |  |
| Bank of New York Mellon Corp. | 33913 | 3089813 |
| Goldman Sachs Group, Inc. | 4201 | 2973258 |
|  |  | 6063071 |
| **Finance/Information Services - 1.3%** | **Finance/Information Services - 1.3%** |  |
| Euronet Worldwide, Inc. <sup>(a)</sup> | 10800 | 1094904 |
| **Financial Services - Diversified - 2.5%** | **Financial Services - Diversified - 2.5%** |  |
| American Express Co. | 6914 | 2205428 |
| **Food - 1.7%** | **Food - 1.7%** |  |
| US Foods Holding Corp. <sup>(a)</sup> | 19196 | 1478284 |
| **Health Care Distribution - 3.0%** | **Health Care Distribution - 3.0%** |  |
| McKesson Corp. | 3610 | 2645336 |
| **Health Care Services - 1.5%** | **Health Care Services - 1.5%** |  |
| Labcorp Holdings, Inc. | 4964 | 1303100 |
| **Hospitals - 2.3%** | **Hospitals - 2.3%** |  |
| HCA Healthcare, Inc. | 5275 | 2020852 |
| **Internet Retail - 7.9%** | **Internet Retail - 7.9%** |  |
| Amazon.com, Inc. <sup>(a)</sup> | 11610 | 2547118 |
| Booking Holdings, Inc. | 273 | 1580462 |
| eBay, Inc. | 36634 | 2727768 |
|  |  | 6855348 |
| **Internet Software & Services - 8.0%** | **Internet Software & Services - 8.0%** |  |
| Alphabet, Inc. - Class A | 9439 | 1663435 |
| Meta Platforms, Inc. - Class A | 5767 | 4256565 |
| Yelp, Inc. <sup>(a)</sup> | 30210 | 1035297 |
|  |  | 6955297 |
| **Leisure Time - 1.6%** | **Leisure Time - 1.6%** |  |
| Spotify Technology SA <sup>(a)</sup> | 1871 | 1435693 |
| **Retail-Discount - 2.0%** | **Retail-Discount - 2.0%** |  |
| Dollar General Corp. | 15078 | 1724622 |
| **Semiconductors - 10.9%** | **Semiconductors - 10.9%** |  |
| Advanced Micro Devices, Inc. <sup>(a)</sup> | 13688 | 1942327 |
| Broadcom, Inc. | 10573 | 2914447 |
| NVIDIA Corp. | 29416 | 4647434 |
|  |  | 9504208 |
| **Service Companies - 1.2%** | **Service Companies - 1.2%** |  |
| VSE Corp. | 8129 | 1064736 |
| **Steel - 7.9%** | **Steel - 7.9%** |  |
| Carpenter Technology Corp. | 13305 | 3677236 |
| Howmet Aerospace, Inc. | 17455 | 3248899 |
|  |  | 6926135 |
| **Utilities Electric/Gas - 2.8%** | **Utilities Electric/Gas - 2.8%** |  |
| National Fuel Gas Co. | 28379 | 2403985 |
| **TOTAL COMMON STOCKS** (Cost $55,127,394) | **TOTAL COMMON STOCKS** (Cost $55,127,394) | 84165290 |
| **SHORT-TERM INVESTMENTS - 3.6%** | **Shares** | **Value**  |
| **Money Market Funds - 3.6%** |  |  |
| Invesco STIT Treasury Portfolio - Class Institutional, 4.23% <sup>(b)</sup> | 3182310 | 3182310 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $3,182,310) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $3,182,310) | 3182310 |
| **TOTAL INVESTMENTS - 100.2% (**Cost $58,309,704**)** | **TOTAL INVESTMENTS - 100.2% (**Cost $58,309,704**)** | 87347600 |
| Liabilities in Excess of Other Assets - (0.2)% | Liabilities in Excess of Other Assets - (0.2)% | (151712) |
| **TOTAL NET ASSETS - 100.0%** |  | $87195888 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's 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. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's 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. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's 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. Bank Global Fund Services. |

---

ADR - American Depositary Receipt<br>

(a) Non-income producing security.

(b) The rate shown represents the 7-day annualized effective yield as of June 30, 2025.

------

#### Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
Chase Growth 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 June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $84165290 | $– | $– | $84165290 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 3182310 | – | – | 3182310 |
| Total Investments | $87347600 | $– | $– | $87347600 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Advisors Series Trust

- **b. Investment Company Act file number:** 811-07959

- **c. CIK number of Registrant:** 0001027596

- **d. LEI of Registrant:** 2549003Z0J6URS6I4Y63

- **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:** 626-914-7363

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

- **a. Name of Series:** Chase Growth Fund

- **b. EDGAR series identifier (if any):** S000005073

- **c. LEI of Series:** 254900O7MSU81OKQ4Y77

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $87401114.11

**Total Liabilities:** $106620.25

**Net Assets:** $87294493.86

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000013859 | -1.39%               | 9.15%                | 8.02%                |
| Class ID C000043306 | -1.40%               | 9.23%                | 7.99%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2009977.84             | $892531.52                                 |
| Month 2  | $-703200.96              | $7652144.86                                |
| Month 3  | $1006050.41              | $5477030.18                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NVIDIA Corp                    | NVIDIA Corp                        | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     29416 | NS      | $4647433.84   | 5.32%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                         | F5 Inc                             | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |      7648 | NS      | $2250959.36   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co           | National Fuel Gas Co               | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |     28379 | NS      | $2403985.09   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Celestica Inc                  | Celestica Inc                      | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |     23313 | NS      | $3639392.43   | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc             | Houlihan Lokey Inc                 | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      7634 | NS      | $1373738.30   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                  | McKesson Corp                      | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      3610 | NS      | $2645335.80   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp                   | Sanmina Corp                       | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     11626 | NS      | $1137371.58   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                         | SAP SE                             | CUSIP: 803054204<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |      5952 | NS      | $1810003.20   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Europacific Partners | Coca-Cola Europacific Partners PLC | CUSIP: N/A<br>LEI: 549300LTH67W4GWMRF57       | Long             | EC               | CORP              | GB        |     20416 | NS      | $1892971.52   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                       | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      9439 | NS      | $1663434.97   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp          | Antero Midstream Corp              | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92858 | NS      | $1759659.10   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp            | Dollar General Corp                | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     15078 | NS      | $1724621.64   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc         | Equitable Holdings Inc             | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     47412 | NS      | $2659813.20   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The    | Goldman Sachs Group Inc/The        | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      4201 | NS      | $2973257.75   | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc           | Howmet Aerospace Inc               | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     17455 | NS      | $3248899.15   | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp                       | VSE Corp                           | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |      8129 | NS      | $1064736.42   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA          | Spotify Technology SA              | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | SE        |      1871 | NS      | $1435693.14   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide Inc          | Euronet Worldwide Inc              | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     10800 | NS      | $1094904.00   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc           | Labcorp Holdings Inc               | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4964 | NS      | $1303099.64   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                     | Twilio Inc                         | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |     19561 | NS      | $2432605.96   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co            | American Express Co                | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      6914 | NS      | $2205427.72   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T | Bank of New York Mellon Corp/The   | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     33913 | NS      | $3089813.43   | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc           | Booking Holdings Inc               | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       273 | NS      | $1580462.52   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                       | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     10573 | NS      | $2914447.45   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                       | eBay Inc                           | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     36634 | NS      | $2727767.64   | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                     | MasTec Inc                         | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |     11183 | NS      | $1905918.69   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                | Gen Digital Inc                    | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     97957 | NS      | $2879935.80   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc         | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     13688 | NS      | $1942327.20   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp      | Carpenter Technology Corp          | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     13305 | NS      | $3677235.90   | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc            | Electronic Arts Inc                | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     10780 | NS      | $1721566.00   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                 | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      5767 | NS      | $4256565.03   | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co             | Vertiv Holdings Co                 | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     19378 | NS      | $2488328.98   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Yelp Inc                       | Yelp Inc                           | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |     30210 | NS      | $1035296.70   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp                 | API Group Corp                     | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |     29802 | NS      | $1521392.10   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                     | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     11610 | NS      | $2547117.90   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Femsa SAB de CV      | Coca-Cola Femsa SAB de CV          | CUSIP: 191241108<br>LEI: 5493008KEVFYPMGTXO33 | Long             | EC               | CORP              | MX        |     10448 | NS      | $1010635.04   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc             | HCA Healthcare Inc                 | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      5275 | NS      | $2020852.50   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Treasury Portfolio     | Invesco Treasury Portfolio         | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |   3184798 | NS      | $3184798.23   | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp          | US Foods Holding Corp              | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     19196 | NS      | $1478283.96   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Advisors Series Trust

**Signature:** /s/ Kevin Hayden

**Name of Signer:** Advisors Series Trust

**Title:** Treasurer & Vice President