# EDGAR Filing Document

**Accession Number:** 0001408970
**File Stem:** 0001752724-25-203045
**Filing Date:** 2025-8
**Character Count:** 11180
**Document Hash:** edb7997da1cc3693d46660d28b02a7e6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203045.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-203045

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AdvisorShares Trust
- **CENTRAL INDEX KEY:** 0001408970

**ORGANIZATION NAME:**
- **EIN:** 260636087
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22110
- **FILM NUMBER:** 251251806

**BUSINESS ADDRESS:**
- **STREET 1:** 4800 MONTGOMERY LANE
- **STREET 2:** SUITE 150
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814
- **BUSINESS PHONE:** (877) 843-3831

**MAIL ADDRESS:**
- **STREET 1:** 4800 MONTGOMERY LANE
- **STREET 2:** SUITE 150
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814

## Series and Classes Contracts Data

### AdvisorShares HVAC and Industrials ETF (Series ID: S000089876)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000256704 | AdvisorShares HVAC and Industrials ETF | HVAC            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AdvisorShares Trust

- **b. Investment Company Act file number:** 811-22110

- **c. CIK number of Registrant:** 0001408970

- **d. LEI of Registrant:** 549300K5KGUMX2I7WM68

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 4800 Montgomery Lane

  - **City:** Bethesda

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20814

  - **Telephone number:** 877-843-3831

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

- **a. Name of Series:** AdvisorShares HVAC and Industrials ETF

- **b. EDGAR series identifier (if any):** S000089876

- **c. LEI of Series:** 529900FVXPKF248FDC78

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

- **a. Date of fiscal year-end:** 2025-06-30

- **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:** $1230783.10

**Total Liabilities:** $117657.46

**Net Assets:** $1113125.64

**Cash Not Reported:** $18.56

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256704 | 4.23%                | 12.50%               | 7.30%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-9445.07                | $32858.53                                  |
| Month 2  | $0.00                    | $70438.83                                  |
| Month 3  | $9154.97                 | $55721.09                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Generac Holdings Inc     | Generac Holdings Inc     | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |       307 | NS      | $43965.47     | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co       | Vertiv Holdings Co       | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |       427 | NS      | $54831.07     | 4.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp               | Dover Corp               | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |       163 | NS      | $29866.49     | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp            | Amphenol Corp            | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |       827 | NS      | $81666.25     | 7.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC   | Trane Technologies PLC   | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       123 | NS      | $53801.43     | 4.83%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc           | GE Vernova Inc           | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |       102 | NS      | $53973.30     | 4.85%             |  |  |  | No            |                  1 | On Loan: No      |
| AZEK Co Inc/The          | AZEK Co Inc/The          | CUSIP: 05478C105<br>LEI: 5493002LDDDU1RX46815 | Long             | EC               | CORP              | US        |       483 | NS      | $26251.05     | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Limbach Holdings Inc     | Limbach Holdings Inc     | CUSIP: 53263P105<br>LEI: 254900EW8KXT5ZTWQI30 | Long             | EC               | CORP              | US        |       811 | NS      | $113621.10    | 10.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc  | Comfort Systems USA Inc  | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |       123 | NS      | $65953.83     | 5.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc  | Rockwell Automation Inc  | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |       150 | NS      | $49825.50     | 4.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Willdan Group Inc        | Willdan Group Inc        | CUSIP: 96924N100<br>LEI: 529900YQO0LF5VAEKN05 | Long             | EC               | CORP              | US        |       475 | NS      | $29692.25     | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp      | Carrier Global Corp      | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |       347 | NS      | $25396.93     | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc | Ferguson Enterprises Inc | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |       267 | NS      | $58139.25     | 5.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc | Digital Realty Trust Inc | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |       183 | NS      | $31902.39     | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc     | SPX Technologies Inc     | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |       139 | NS      | $23307.52     | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc  | Illinois Tool Works Inc  | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |       173 | NS      | $42774.25     | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc               | AMETEK Inc               | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |       215 | NS      | $38906.40     | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp     | Parker-Hannifin Corp     | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |        35 | NS      | $24446.45     | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| DREYFUS TRSRY SECURITIES | DREYFUS TRSRY SECURITIES | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    107657 | NS      | $107656.96    | 9.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc         | Carlisle Cos Inc         | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |        83 | NS      | $30992.20     | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp/The        | Middleby Corp/The        | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |       259 | NS      | $37296.00     | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc | Lennox International Inc | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |        43 | NS      | $24649.32     | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co  | Modine Manufacturing Co  | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |       187 | NS      | $18419.50     | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| AES Corp/The             | AES Corp/The             | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |      6243 | NS      | $65676.36     | 5.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC           | Eaton Corp PLC           | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |       119 | NS      | $42481.81     | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** AdvisorShares Trust

**Signature:** Dan Ahrens

**Name of Signer:** Dan Ahrens

**Title:** Secretary and Treasurer