# EDGAR Filing Document

**Accession Number:** 0001437249
**File Stem:** 0001752724-23-074984
**Filing Date:** 2023-3
**Character Count:** 19497
**Document Hash:** 678e61de6bb45134f7af1b8f69f780f1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-074984.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001752724-23-074984

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**PERIOD START**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VALUED ADVISERS TRUST
- **CENTRAL INDEX KEY:** 0001437249
- **IRS NUMBER:** 262762915

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22208
- **FILM NUMBER:** 23784003

**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

### CHANNING INTRINSIC VALUE SMALL-CAP FUND (Series ID: S000071821)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000227329 | Institutional Class | OWLLX           |

## 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:** CHANNING INTRINSIC VALUE SMALL-CAP FUND

- **b. EDGAR series identifier (if any):** S000071821

- **c. LEI of Series:** 549300N7TFIJV4V5EN41

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

- **a. Date of fiscal year-end:** 2023-01-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $7368462.47

**Total Liabilities:** $44601.64

**Net Assets:** $7323860.83

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227329 | 3.44%                | -7.48%               | 11.42%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-38795.19               | $280839.90                                 |
| Month 2  | $-148685.54              | $-390451.95                                |
| Month 3  | $-105274.48              | $858246.60                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Herc Holdings Inc                               | HERC HOLDINGS IN                          | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |       939 | NS      | $145845.48    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                                         | ATI, Inc.                                 | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |      5248 | NS      | $190974.72    | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies, Inc.                          | SPX Technologies, Inc.                    | CUSIP: 78473E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2840 | NS      | $213028.40    | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                                    | Evercore Partners, Inc.                   | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |       898 | NS      | $116569.38    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                                      | Cactus, Inc.                              | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |      3140 | NS      | $169905.40    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corporation                         | Boyd Gaming Corp.                         | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |      2743 | NS      | $170916.33    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott Vacations Worldwide Corp               | Marriott Vacations Worldwide Corp.        | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |      1080 | NS      | $172843.20    | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                                         | XPO Logistics, Inc.                       | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |      4864 | NS      | $193879.04    | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| OneSpaWorld Holdings Ltd.                       | OneSpaWorld Holdings Ltd.                 | CUSIP: P73684113<br>LEI: 5493007W8PZ8W6UC2X76 | Long             | EC               | CORP              | BS        |     16427 | NS      | $172647.77    | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Gray Television, Inc.                           | Gray Television, Inc.                     | CUSIP: 389375106<br>LEI: 529900TM5726KDN7UU35 | Long             | EC               | CORP              | US        |     12456 | NS      | $161429.76    | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc.                           | Medpace Holdings, Inc.                    | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |       658 | NS      | $145464.06    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Management Inc.          | Artisan Partners Asset Management, Inc.   | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |      4635 | NS      | $170660.70    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group Inc.                  | Selective Insurance Group, Inc.           | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |      1492 | NS      | $141740.00    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation                    | Stifel Financial Corp.                    | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |      2945 | NS      | $198522.45    | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corp                                     | Banner Corp.                              | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2113 | NS      | $136985.79    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden Inc.                                     | Belden, Inc.                              | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |      1822 | NS      | $147745.98    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PDC Energy, Inc.                                | PDC Energy, Inc.                          | CUSIP: 69327R101<br>LEI: 5493008W8H2T511J5Y59 | Long             | EC               | CORP              | US        |      2187 | NS      | $148125.51    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corporation                              | Avient Corp.                              | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |      4488 | NS      | $181853.76    | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand, Inc.                               | Hillenbrand, Inc.                         | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |      3871 | NS      | $181395.06    | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                                   | Coherent Corp.                            | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |      3347 | NS      | $145259.80    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corporation               | Horace Mann Educators Corp.               | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |      2760 | NS      | $98283.60     | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Integer Holdings Corporation                    | Integer Holdings Corp.                    | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |      2402 | NS      | $158075.62    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacific Premier Bancorp Inc                     | Pacific Premier Bancorp, Inc.             | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |      1757 | NS      | $56821.38     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients, Inc                        | Darling Ingredients, Inc.                 | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |      2134 | NS      | $141462.86    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Physicians Realty Trust                         | Physicians Realty Trust                   | CUSIP: 71943U104<br>LEI: 549300ITOVH0OY7PZC34 | Long             | EC               | CORP              | US        |     11156 | NS      | $176934.16    | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp.                          | Independent Bank Corp.                    | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |      1717 | NS      | $136827.73    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hanover Insurance Group, Inc.               | Hanover Insurance Group, Inc.             | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |      1020 | NS      | $137271.60    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corporation                              | Enovis Corp.                              | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |      3056 | NS      | $192375.20    | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Cryoport Inc                                    | Cryoport, Inc.                            | CUSIP: 229050307<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1543 | NS      | $35226.69     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc                      | Southwest Gas Corp.                       | CUSIP: 844895102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2611 | NS      | $174754.23    | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Asbury Automotive Group, Inc.                   | Asbury Automotive Group, Inc.             | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |       897 | NS      | $197340.00    | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Diodes Incorporated                             | Diodes, Inc.                              | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |      1638 | NS      | $146093.22    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Instruments Inc.                            | MKS Instruments, Inc.                     | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |      1451 | NS      | $148466.32    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NuVasive Inc.                                   | NuVasive, Inc.                            | CUSIP: 670704105<br>LEI: 549300C5ZB4NZ6TWM881 | Long             | EC               | CORP              | US        |      3153 | NS      | $143776.80    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Corporate Office Properties Trust               | Corporate Office Properties Trust         | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |      6530 | NS      | $183297.10    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Entertainment Corporation | Madison Square Garden Entertainment Corp. | CUSIP: 55826T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2486 | NS      | $129992.94    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc.                      | Merit Medical Systems, Inc.               | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |      2221 | NS      | $158468.35    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERN FDS INC                             | First American Treasury Obligations Fund  | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    116468 | PA      | $116467.84    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corporation                              | Hexcel Corp.                              | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |      2941 | NS      | $207575.78    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanesbrands Inc.                                | Hanesbrands, Inc.                         | CUSIP: 410345102<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | EC               | CORP              | US        |     12952 | NS      | $109314.88    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinks Company                                  | Brink's Co./The                           | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |      2944 | NS      | $193126.40    | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Maxlinear Inc                                   | MaxLinear, Inc.                           | CUSIP: 57776J100<br>LEI: 549300EMOI0SM2IY4F64 | Long             | EC               | CORP              | US        |      3476 | NS      | $143211.20    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Callon Petroleum Company                        | Callon Petroleum Co.                      | CUSIP: 13123X508<br>LEI: 549300EFOWPEB0WLZW21 | Long             | EC               | CORP              | US        |      3156 | NS      | $134287.80    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corporation                          | South State Corp.                         | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |      1904 | NS      | $151558.40    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Topbuild Corporation                            | TopBuild Corp.                            | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |       600 | NS      | $120036.00    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings Inc                    | Spectrum Brands Holdings, Inc.            | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |      2376 | NS      | $161282.88    | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc.                                 | MSA Safety, Inc.                          | CUSIP: 553498106<br>LEI: 549300ZG8DNJXBML4F23 | Long             | EC               | CORP              | US        |      1280 | NS      | $174579.20    | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** Valued Advisers Trust

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller