# EDGAR Filing Document

**Accession Number:** 0001437249
**File Stem:** 0001752724-25-160969
**Filing Date:** 2025-6
**Character Count:** 25271
**Document Hash:** 7f7a95b92aecf1bcc0952ff4804240aa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-160969.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001752724-25-160969

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VALUED ADVISERS TRUST
- **CENTRAL INDEX KEY:** 0001437249

**ORGANIZATION NAME:**
- **EIN:** 262762915

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22208
- **FILM NUMBER:** 251082752

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DR.
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-587-3400

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DR.
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Dana Epiphany Small Cap Equity Fund (Series ID: S000051394)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000161987 | Institutional Class Shares | DSCIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Valued Advisers Trust

- **b. Investment Company Act file number:** 811-22208

- **c. CIK number of Registrant:** 0001437249

- **d. LEI of Registrant:** 549300W12YUPFS7QVT86

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** DANA EPIPHANY SMALL CAP EQUITY FUND

- **b. EDGAR series identifier (if any):** S000051394

- **c. LEI of Series:** 5493005OGUYQV8N7HC77

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $26383899.96

**Total Liabilities:** $42080.76

**Net Assets:** $26341819.20

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000161987 | -7.94%               | -6.73%               | -0.97%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $426761.06               | $-2939900.64                               |
| Month 2  | $-325830.59              | $-1634695.04                               |
| Month 3  | $94256.00                | $-359429.47                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ExlService Holdings Inc.             | ExlService Holdings, Inc.                                       | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     11002 | NS      | $533376.96    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage System Inc         | Advanced Drainage Systems, Inc.                                 | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |      4810 | NS      | $545886.90    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust     | Fidelity Investments Money Market Funds  - Government Portfolio | CUSIP: 31607A703<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |    281565 | PA      | $281564.88    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corporation       | Wintrust Financial Corp.                                        | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |      4932 | NS      | $548290.44    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Denali Therapeutics Inc              | Denali Therapeutics, Inc.                                       | CUSIP: 24823R105<br>LEI: 549300ZTQ2HO18L3Q830 | Long             | EC               | CORP              | US        |     15710 | NS      | $261571.50    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive, Inc.             | Group 1 Automotive, Inc.                                        | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      1127 | NS      | $454891.01    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics Inc.             | Axsome Therapeutics, Inc.                                       | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |      3851 | NS      | $432428.79    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                           | Insmed, Inc.                                                    | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      5075 | NS      | $365400.00    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International Plc        | Weatherford International PLC                                   | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | IE        |      7286 | NS      | $301640.40    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc                | Element Solutions, Inc.                                         | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |     16896 | NS      | $344847.36    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc.               | Powell Industries, Inc.                                         | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |      2977 | NS      | $545118.47    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co.                        | SM Energy Co.                                                   | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     12743 | NS      | $290412.97    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                  | Clearway Energy, Inc.                                           | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     14003 | NS      | $410848.02    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co.             | Modine Manufacturing Co.                                        | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |      5214 | NS      | $425670.96    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                           | Cactus, Inc.                                                    | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |      7756 | NS      | $294262.64    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                         | Evercore Partners, Inc.                                         | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      2507 | NS      | $514662.03    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc               | Boot Barn Holdings, Inc.                                        | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      3825 | NS      | $399100.50    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TG Therapeutics Inc                  | TG Therapeutics, Inc.                                           | CUSIP: 88322Q108<br>LEI: 529900X21UKABN9NJ529 | Long             | EC               | CORP              | US        |      8624 | NS      | $392478.24    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                             | Fabrinet                                                        | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |      2255 | NS      | $462410.30    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeco Instruments Inc.               | Veeco Instruments, Inc.                                         | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |     20554 | NS      | $384359.80    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                         | Agilysys, Inc.                                                  | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |      5312 | NS      | $394947.20    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Acushnet Holdings Corp               | Acushnet Holdings Corp.                                         | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Long             | EC               | CORP              | US        |      6855 | NS      | $453938.10    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Simply Good Foods Company            | The Simply Good Foods Co.                                       | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11560 | NS      | $417431.60    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands Inc                   | Kontoor Brands, Inc.                                            | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |      7089 | NS      | $426403.35    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Blueprint Medicines Corporation      | Blueprint Medicines Corp.                                       | CUSIP: 09627Y109<br>LEI: 5299004CC60O9T5HVM83 | Long             | EC               | CORP              | US        |      5556 | NS      | $497262.00    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc                | Lantheus Holdings, Inc.                                         | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |      4961 | NS      | $517630.74    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnite Inc                          | Magnite, Inc.                                                   | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |     26836 | NS      | $319080.04    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc.                 | Eagle Materials, Inc.                                           | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      1668 | NS      | $377618.52    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics Inc                     | Cytokinetics, Inc.                                              | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |      6670 | NS      | $285742.80    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings Inc             | Ultra Clean Holdings, Inc.                                      | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |     16912 | NS      | $316338.96    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corporation                   | Avient Corp.                                                    | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |      9568 | NS      | $318710.08    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes PLC                         | Alkermes PLC                                                    | CUSIP: G01767105<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      8042 | NS      | $231368.34    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS Capital Holdings Limited        | Axis Capital Holdings Ltd.                                      | CUSIP: G0692U109<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |      6310 | NS      | $607779.20    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Verint Systems Inc                   | Verint Systems, Inc.                                            | CUSIP: 92343X100<br>LEI: 549300KEQJS5FRVUCO94 | Long             | EC               | CORP              | US        |     21676 | NS      | $382364.64    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Integral Ad Science Holding Corp.    | Integral Ad Science Holding Corp                                | CUSIP: 45828L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41763 | NS      | $295264.41    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corporation     | Chesapeake Utilities Corp.                                      | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |      3474 | NS      | $457421.58    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                    | Agree Realty Corp.                                              | CUSIP: 008492100<br>LEI: 98450090H010B37OEB68 | Long             | EC               | CORP              | US        |      7032 | NS      | $545753.52    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation         | Stifel Financial Corp.                                          | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |      5442 | NS      | $466324.98    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| E L F Beauty Inc                     | elf Beauty, Inc.                                                | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |      6713 | NS      | $415333.31    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp.                     | South State Corp.                                               | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |      5701 | NS      | $494732.78    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies, Inc.               | SPX Technologies, Inc.                                          | CUSIP: 78473E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3637 | NS      | $487903.55    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                | STAG Industrial, Inc.                                           | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     15508 | NS      | $512229.24    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| I3 Verticals INC                     | I3 Verticals, Inc.                                              | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |     16967 | NS      | $426211.04    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica, Inc.                      | Primerica, Inc.                                                 | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |      1966 | NS      | $515229.62    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc                     | Ensign Group, Inc./The                                          | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |      3871 | NS      | $499320.29    | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc.               | TransMedics Group Inc                                           | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |      5728 | NS      | $527033.28    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp.              | Synovus Financial Corp                                          | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |     11766 | NS      | $509703.12    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| PJT Partners Inc.                    | PJT Partners, Inc.                                              | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |      2965 | NS      | $420170.15    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                | Civitas Resources, Inc.                                         | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |      9431 | NS      | $256994.75    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International Inc.       | CSG Systems International, Inc.                                 | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |      8511 | NS      | $511766.43    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Installed Building Products Inc      | Installed Building Products, Inc.                               | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |      2373 | NS      | $393514.59    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Madrigal Pharmaceuticals Inc         | Madrigal Pharmaceuticals, Inc.                                  | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Long             | EC               | CORP              | US        |      1000 | NS      | $333910.00    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp       | Atlantic Union Bancshares Corp                                  | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16672 | NS      | $461814.40    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger Inc.                          | Tanger Factory Outlet Centers, Inc.                             | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |     16410 | NS      | $517079.10    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| PDF Solutions Inc                    | PDF Solutions, Inc.                                             | CUSIP: 693282105<br>LEI: 549300GMSP6MROFBI160 | Long             | EC               | CORP              | US        |     18887 | NS      | $346576.45    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HUB Group Inc                        | Hub Group, Inc.                                                 | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12949 | NS      | $409058.91    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies Inc. | Applied Industrial Technologies, Inc.                           | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      2238 | NS      | $544460.64    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting, Inc.                 | FTI Consulting, Inc.                                            | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |      3010 | NS      | $500502.80    | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                     | SPS Commerce, Inc.                                              | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |      3232 | NS      | $463824.32    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Olema Pharmaceuticals Inc.           | Olema Pharmaceuticals Inc                                       | CUSIP: 68062P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56137 | NS      | $289666.92    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners Inc.     | Pinnacle Financial Partners, Inc.                               | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |      4918 | NS      | $492980.32    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                  | Clean Harbors, Inc.                                             | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |      2415 | NS      | $516665.10    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-04-30

**Name of Applicant:** Valued Advisers Trust

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller