# EDGAR Filing Document

**Accession Number:** 0000811030
**File Stem:** 0001145549-25-052719
**Filing Date:** 2025-8
**Character Count:** 27099
**Document Hash:** b04ef00f55c88407f1f0bd64cbcdb5ea
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-052719.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001145549-25-052719

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROFESSIONALLY MANAGED PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000811030

**ORGANIZATION NAME:**
- **EIN:** 566415270
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05037
- **FILM NUMBER:** 251246611

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-218-3770

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AVONDALE INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19910529

## Series and Classes Contracts Data

### Osterweis Opportunity Fund (Series ID: S000055531)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000174818 | Investor Class | OSTGX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Osterweis Opportunity Fund** | **Osterweis Opportunity Fund** | **Osterweis Opportunity Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 91.6%** | **Shares** | **Value**  |
| **Automobile Components - 2.3%** | **Automobile Components - 2.3%** | |
| Modine Manufacturing Co. <sup>(a)</sup> | 74430 | $7331355 |
| **Banks - 1.7%** | **Banks - 1.7%** |  |
| Axos Financial, Inc. <sup>(a)</sup> | 70775 | 5381731 |
| **Biotechnology - 1.8%** | **Biotechnology - 1.8%** |  |
| ADMA Biologics, Inc. <sup>(a)</sup> | 246960 | 4497142 |
| Amicus Therapeutics, Inc. <sup>(a)</sup> | 209255 | 1199031 |
|  |  | 5696173 |
| **Building Products - 2.2%** | **Building Products - 2.2%** |  |
| Trex Co., Inc. <sup>(a)</sup> | 128630 | 6994899 |
| **Commercial Services & Supplies - 1.9%** | **Commercial Services & Supplies - 1.9%** |  |
| CECO Environmental Corp. <sup>(a)</sup> | 211400 | 5984734 |
| **Diversified Consumer Services - 1.2%** | **Diversified Consumer Services - 1.2%** |  |
| Duolingo, Inc. <sup>(a)</sup> | 9574 | 3925532 |
| **Financial Services - 3.6%** | **Financial Services - 3.6%** |  |
| Affirm Holdings, Inc. <sup>(a)</sup> | 107480 | 7431167 |
| Remitly Global, Inc. <sup>(a)</sup> | 204325 | 3835180 |
|  |  | 11266347 |
| **Food Products - 3.4%** | **Food Products - 3.4%** |  |
| Vital Farms, Inc. <sup>(a)</sup> | 277085 | 10673314 |
| **GICS~Biotechnology - 2.6%** | **GICS~Biotechnology - 2.6%** |  |
| Vericel Corp. <sup>(a)</sup> | 190345 | 8099180 |
| **GICS~Semiconductors & Semiconductor Equipment - 2.7%** | **GICS~Semiconductors & Semiconductor Equipment - 2.7%** |  |
| SiTime Corp. <sup>(a)</sup> | 40177 | 8560915 |
| **Health Care Equipment & Supplies - 8.8%** | **Health Care Equipment & Supplies - 8.8%** |  |
| Artivion, Inc. <sup>(a)</sup> | 100550 | 3127105 |
| AtriCure, Inc. <sup>(a)</sup> | 263110 | 8622115 |
| Glaukos Corp. <sup>(a)</sup> | 78700 | 8128923 |
| PROCEPT BioRobotics Corp. <sup>(a)</sup> | 140650 | 8101440 |
|  |  | 27979583 |
| **Health Care Providers & Services - 7.0%** | **Health Care Providers & Services - 7.0%** |  |
| Guardant Health, Inc. <sup>(a)</sup> | 200490 | 10433500 |
| Hinge Health, Inc. - Class A <sup>(a)</sup> | 98610 | 5103067 |
| The Ensign Group, Inc. | 42085 | 6492032 |
|  |  | 22028599 |
| **Hotels, Restaurants & Leisure - 3.1%** | **Hotels, Restaurants & Leisure - 3.1%** |  |
| Cava Group, Inc. <sup>(a)</sup> | 40730 | 3430688 |
| Life Time Group Holdings, Inc. <sup>(a)</sup> | 206910 | 6275580 |
|  |  | 9706268 |
| **Insurance - 1.5%** | **Insurance - 1.5%** |  |
| Palomar Holdings, Inc. <sup>(a)</sup> | 30990 | 4780208 |
| **Life Sciences Tools & Services - 2.0%** | **Life Sciences Tools & Services - 2.0%** |  |
| Bio-Techne Corp. | 124719 | 6416793 |
| **Machinery - 2.2%** | **Machinery - 2.2%** |  |
| SPX Technologies, Inc. <sup>(a)</sup> | 40590 | 6806131 |
| **Oil, Gas & Consumable Fuels - 3.4%** | **Oil, Gas & Consumable Fuels - 3.4%** |  |
| Magnolia Oil & Gas Corp. - Class A | 479725 | 10784218 |
| **Real Estate Management & Development - 4.7%** | **Real Estate Management & Development - 4.7%** |  |
| FirstService Corp. | 85548 | 14938392 |
| **Semiconductors & Semiconductor Equipment - 9.0%** | **Semiconductors & Semiconductor Equipment - 9.0%** |  |
| ACM Research, Inc. - Class A <sup>(a)</sup> | 222275 | 5756923 |
| Credo Technology Group Holding Ltd. <sup>(a)</sup> | 83175 | 7701173 |
| Rambus, Inc. <sup>(a)</sup> | 237115 | 15180102 |
|  |  | 28638198 |
| **Software - 17.0%** | **Software - 17.0%** |  |
| Agilysys, Inc. <sup>(a)</sup> | 63785 | 7312312 |
| Clearwater Analytics Holdings, Inc. - Class A <sup>(a)</sup> | 335375 | 7354774 |
| Guidewire Software, Inc. <sup>(a)</sup> | 54284 | 12781168 |
| Klaviyo, Inc. - Class A <sup>(a)</sup> | 95650 | 3211927 |
| Monday.com Ltd. <sup>(a)</sup> | 27451 | 8632790 |
| Rubrik, Inc. - Class A <sup>(a)</sup> | 64380 | 5767804 |
| ServiceTitan, Inc. - Class A <sup>(a)</sup> | 29375 | 3148413 |
| Vertex, Inc. - Class A <sup>(a)</sup> | 154775 | 5468975 |
|  |  | 53678163 |
| **Specialty Retail - 4.4%** | **Specialty Retail - 4.4%** |  |
| Boot Barn Holdings, Inc. <sup>(a)</sup> | 38235 | 5811720 |
| Lithia Motors, Inc. | 23817 | 8045859 |
|  |  | 13857579 |
| **Textiles, Apparel & Luxury Goods - 2.2%** | **Textiles, Apparel & Luxury Goods - 2.2%** |  |
| Birkenstock Holding PLC <sup>(a)</sup> | 143930 | 7078477 |
| **Tobacco - 0.7%** | **Tobacco - 0.7%** |  |
| Turning Point Brands, Inc. | 30075 | 2278783 |
| **Trading Companies & Distributors - 2.2%** | **Trading Companies & Distributors - 2.2%** |  |
| FTAI Aviation Ltd. | 60310 | 6938062 |
| **TOTAL COMMON STOCKS** (Cost $268,891,199) | **TOTAL COMMON STOCKS** (Cost $268,891,199) | 289823634 |
| **SHORT-TERM INVESTMENTS - 8.8%** |  | **Value**  |
| **Money Market Funds - 8.8%** | **<u>Shares</u>** |  |
| Federated Hermes US Treasury Cash Reserves - Institutional Class, 4.12%<sup>(b)</sup> | 27934287 | 27934287 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $27,934,287) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $27,934,287) | 27934287 |
| **TOTAL INVESTMENTS - 100.4% (**Cost $296,825,486**)** | **TOTAL INVESTMENTS - 100.4% (**Cost $296,825,486**)** | 317757921 |
| Liabilities in Excess of Other Assets - (0.4)% | Liabilities in Excess of Other Assets - (0.4)% | (1316885) |
| **TOTAL NET ASSETS - 100.0%** |  | $316441036 |
| 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. |

---

PLC - Public Limited Company<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)
Osterweis 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 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 | 289823634 |  |  | 289823634 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 27934287 |  |  | 27934287 |
| Total Investments | 317757921 |  |  | 317757921 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | 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:** Professionally Managed Portfolios

- **b. Investment Company Act file number:** 811-05037

- **c. CIK number of Registrant:** 0000811030

- **d. LEI of Registrant:** 254900BPISCYGRJD2727

- **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:** 414-516-1523

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

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

- **b. EDGAR series identifier (if any):** S000055531

- **c. LEI of Series:** 2549006GRQIC9TNOY952

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

- **a. Date of fiscal year-end:** 2026-03-31

- **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:** $317422142.99

**Total Liabilities:** $335927.00

**Net Assets:** $317086215.99

**Cash Not Reported:** $0.01

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000174818 | -1.63%               | 5.25%                | 4.79%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-15210142.00            | $8456392.39                                |
| Month 2  | $-2873535.50             | $18583546.22                               |
| Month 3  | $3804814.87              | $10793577.38                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ensign Group Inc/The           | Ensign Group Inc/The                       | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |     42085 | NS      | $6492032.10   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hinge Health Inc               | Hinge Health Inc                           | CUSIP: 433313103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98610 | NS      | $5103067.50   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Rubrik Inc                     | Rubrik Inc                                 | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |     64380 | NS      | $5767804.20   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                    | Trex Co Inc                                | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    128630 | NS      | $6994899.40   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Turning Point Brands Inc       | Turning Point Brands Inc                   | CUSIP: 90041L105<br>LEI: 549300IYG00QF0VVP302 | Long             | EC               | CORP              | US        |     30075 | NS      | $2278782.75   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Monday.com Ltd                 | Monday.com Ltd                             | CUSIP: N/A<br>LEI: 984500MDAFVD86E3B328       | Long             | EC               | CORP              | IL        |     27451 | NS      | $8632790.48   | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc         | Guidewire Software Inc                     | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |     54284 | NS      | $12781167.80  | 4.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors Inc              | Lithia Motors Inc                          | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |     23817 | NS      | $8045858.94   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Inc                     | Vertex Inc                                 | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |    163360 | NS      | $5772325.60   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Farms Inc                | Vital Farms Inc                            | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |    277085 | NS      | $10673314.20  | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Affirm Holdings Inc            | Affirm Holdings Inc                        | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    107480 | NS      | $7431167.20   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Klaviyo Inc                    | Klaviyo Inc                                | CUSIP: 49845K101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     78430 | NS      | $2633679.40   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp        | Magnolia Oil & Gas Corp                    | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    479725 | NS      | $10784218.00  | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc           | SPX Technologies Inc                       | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |     40590 | NS      | $6806131.20   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceTitan Inc               | ServiceTitan Inc                           | CUSIP: 81764X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22630 | NS      | $2425483.40   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                   | Agilysys Inc                               | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |     56890 | NS      | $6521869.60   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc         | Boot Barn Holdings Inc                     | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |     38235 | NS      | $5811720.00   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group Inc                 | Cava Group Inc                             | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40730 | NS      | $3430687.90   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Duolingo Inc                   | Duolingo Inc                               | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9574 | NS      | $3925531.48   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Birkenstock Holding Plc        | Birkenstock Holding Plc                    | CUSIP: N/A<br>LEI: 529900CQ8LQKQ7LIT631       | Long             | EC               | CORP              | GB        |    143930 | NS      | $7078477.40   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes US Treasury C | Federated Hermes US Treasury Cash Reserves | CUSIP: 60934N682<br>LEI: 25490003NTA1P9CI5X97 | Long             | STIV             | RF                | US        |  27934287 | NS      | $27934287.47  | 8.81%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCEPT BioRobotics Corp       | PROCEPT BioRobotics Corp                   | CUSIP: 74276L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    140650 | NS      | $8101440.00   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc                     | Rambus Inc                                 | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |    252105 | NS      | $16139762.10  | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Remitly Global Inc             | Remitly Global Inc                         | CUSIP: 75960P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    238760 | NS      | $4481525.20   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp                    | SiTime Corp                                | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40177 | NS      | $8560915.16   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ACM Research Inc               | ACM Research Inc                           | CUSIP: 00108J109<br>LEI: 549300MCTENUWL2GJL61 | Long             | EC               | CORP              | US        |    222275 | NS      | $5756922.50   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Vericel Corp                   | Vericel Corp                               | CUSIP: 92346J108<br>LEI: 54930076YM3PLTDR4B91 | Long             | EC               | CORP              | US        |    190345 | NS      | $8099179.75   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Amicus Therapeutics Inc        | Amicus Therapeutics Inc                    | CUSIP: 03152W109<br>LEI: 549300MRD1SMUTNBPQ53 | Long             | EC               | CORP              | US        |    209255 | NS      | $1199031.15   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AtriCure Inc                   | AtriCure Inc                               | CUSIP: 04963C209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    263110 | NS      | $8622114.70   | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial Inc             | Axos Financial Inc                         | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     70775 | NS      | $5381731.00   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                | Bio-Techne Corp                            | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |    118824 | NS      | $6113494.80   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Artivion Inc                   | Artivion Inc                               | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |    100550 | NS      | $3127105.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings Inc   | Life Time Group Holdings Inc               | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    206910 | NS      | $6275580.30   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings Inc           | Palomar Holdings Inc                       | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |     30990 | NS      | $4780207.50   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding | Credo Technology Group Holding Ltd         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     83175 | NS      | $7701173.25   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp        | CECO Environmental Corp                    | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |    211400 | NS      | $5984734.00   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstService Corp              | FirstService Corp                          | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |     85548 | NS      | $14938391.76  | 4.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health Inc            | Guardant Health Inc                        | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |    200490 | NS      | $10433499.60  | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co        | Modine Manufacturing Co                    | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     74430 | NS      | $7331355.00   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd              | FTAI Aviation Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     60310 | NS      | $6938062.40   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ADMA Biologics Inc             | ADMA Biologics Inc                         | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    246960 | NS      | $4497141.60   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings  | Clearwater Analytics Holdings Inc          | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    335375 | NS      | $7354773.75   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Glaukos Corp                   | Glaukos Corp                               | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Long             | EC               | CORP              | US        |     78700 | NS      | $8128923.00   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-22

**Name of Applicant:** Professionally Managed Portfolios

**Signature:** /s/ Kathryn LaPlante Johnson

**Name of Signer:** Kathryn LaPlante Johnson

**Title:** Assistant Treasurer