# EDGAR Filing Document

**Accession Number:** 0001437249
**File Stem:** 0000910472-26-006111
**Filing Date:** 2026-4
**Character Count:** 20359
**Document Hash:** 53faa7ea8c31738707fe87c01f1eb888
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-006111.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0000910472-26-006111

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**PERIOD START**: 20260531

**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:** 26906441

**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

### BFS Equity Fund (Series ID: S000042102)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000245604 | BFS Equity Fund Institutional Class | BFSIX           |

## Nport-Ex

BFS

Equity

Fund

Schedule

of

Investments

February

28,

2026

-

(Unaudited)

COMMON

STOCKS

—

93.82%

Shares

Fair

Value

Aerospace

&

Defense

—

5.89%

Boeing

Co.

(The)

(a) 10,000

$

2,275,300

Northrop

Grumman

Corp.

2,000

1,448,760

3,724,060

Banking

—

6.32%

Bank

of

America

Corp.

20,000

996,600

JPMorgan

Chase

&

Co.

10,000

3,003,000

3,999,600

Chemicals

—

0.97%

Ecolab,

Inc.

2,000

616,700

E-Commerce

Discretionary

—

3.98%

Amazon.com,

Inc.

(a) 12,000

2,520,000

Electrical

Equipment

—

1.19%

Eaton

Corp.

PLC

2,000

751,840

Home

Construction

—

1.90%

D.R.

Horton,

Inc.

7,500

1,202,925

Insurance

—

2.68%

Berkshire

Hathaway,

Inc.,

Class

B

(a) 1,500

757,425

Marsh

&

McLennan

Cos.,

Inc.

5,000

933,700

1,691,125

Internet

Media

&

Services

—

11.03%

Alphabet,

Inc.,

Class

A

12,000

3,741,120

Meta

Platforms,

Inc.,

Class

A

5,000

3,240,900

6,982,020

Machinery

—

6.72%

Caterpillar,

Inc.

2,000

1,485,660

Deere

&

Co.

2,000

1,259,420

Parker-Hannifin

Corp.

1,500

1,513,770

4,258,850

Medical

Equipment

&

Devices

—

6.15%

Danaher

Corp.

4,000

842,560

Stryker

Corp.

2,500

968,650

Thermo

Fisher

Scientific,

Inc.

4,000

2,084,440

3,895,650

Metals

&

Mining

—

9.47%

Agnico

Eagle

Mines

Ltd.

9,000

2,264,400

Alamos

Gold,

Inc.,

Class

A

50,000

2,709,500

Barrick

Mining

Corp.

20,000

1,014,800

5,988,700

Oil

&

Gas

Producers

—

2.69%

ConocoPhillips

15,000

1,701,900

Pharmaceuticals

—

1.75%

Pfizer,

Inc.

40,000

1,106,000

Retail

-

Consumer

Staples

—

2.40%

Costco

Wholesale

Corp.

1,500

1,516,185

BFS

Equity

Fund

Schedule

of

Investments

(continued)

February

28,

2026

-

(Unaudited)

COMMON

STOCKS

—

93.82%

-

continued

Shares

Fair

Value

Retail

-

Discretionary

—

2.51%

Lowe's

Companies,

Inc.

6,000

$

1,587,420

Semiconductors

—

8.68%

Broadcom,

Inc.

7,500

2,396,625

NVIDIA

Corp.

17,500

3,100,825

5,497,450

Software

—

7.23%

Microsoft

Corp.

8,500

3,338,290

Oracle

Corp.

8,500

1,235,900

4,574,190

Specialty

Finance

—

1.22%

American

Express

Co.

2,500

772,250

Specialty

Retail

—

2.41%

Home

Depot,

Inc.

(The)

4,000

1,522,880

Technology

Hardware

—

4.59%

Apple,

Inc.

11,000

2,905,980

Technology

Services

—

2.79%

Automatic

Data

Processing,

Inc.

1,000

214,360

MasterCard,

Inc.,

Class

A

3,000

1,551,630

1,765,990

Transportation

Equipment

—

1.25%

Wabtec

Corp.

3,000

791,850

Total

Common

Stocks

(Cost $24,248,270)

59,373,565

U.S.

GOVERNMENT

&

AGENCIES

(b) —

3.91%

Principal

Amount

United

States

Treasury

Bill,

3.78 %

,

5/21/2026

$

1,500,000

1,488,067

United

States

Treasury

Bill,

3.64 %

,

8/20/2026

1,000,000

983,345

Total

U.S.

Government

&

Agencies

(Cost $2,470,671)

2,471,412

MONEY

MARKET

FUNDS

-

2.27%

Shares

Fidelity

Investments

Money

Market

Government

Portfolio,

Institutional

Class,

3.59%

(c) 1,435,285

1,435,285

Total

Money

Market

Funds

(Cost

$1,435,285)

1,435,285

Total

Investments

—

100.00%

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$28,154,226)

63,280,262

Liabilities

in

Excess

of

Other

Assets — 0.00%

(d) (41) NET

ASSETS

—

100.00%

$

63,280,221

(a) Non-income

producing

security.

(b) The

rate

shown

represents

effective

yield

at

time

of

purchase.

(c) Rate

disclosed

is

the

seven

day

effective

yield

as

of

February

28,

2026. (d) Less

than

0.005%.

## 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:** BRADLEY FOSTER & SARGENT EQUITY FUND

- **b. EDGAR series identifier (if any):** S000042102

- **c. LEI of Series:** 549300N4OZTGIF06QO32

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $63356960.60

**Total Liabilities:** $73824.50

**Net Assets:** $63283136.10

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000245604 | -0.54%               | 1.92%                | 0.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-355691.53                                |
| Month 2  | $185525.10               | $988409.43                                 |
| Month 3  | $948226.70               | $-765585.46                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Barrick Mining Corp.             | Barrick Mining Corporation                                      | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |     20000 | NS      | $1014800.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                  | Home Depot, Inc. (The)                                          | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      4000 | NS      | $1522880.00   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                     | Oracle Corporation                                              | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      8500 | NS      | $1235900.00   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corporation              | Danaher Corporation                                             | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      4000 | NS      | $842560.00    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co.                       | Boeing Company (The)                                            | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     10000 | NS      | $2275300.00   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.          | Berkshire Hathaway, Inc.                                        | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      1500 | NS      | $757425.00    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated          | Mastercard, Inc.                                                | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3000 | NS      | $1551630.00   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                   | ConocoPhillips                                                  | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     15000 | NS      | $1701900.00   | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.  | Automatic Data Processing, Inc.                                 | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      1000 | NS      | $214360.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.            | Bank of America Corporation                                     | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     20000 | NS      | $996600.00    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                    | Alphabet, Inc.                                                  | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     12000 | NS      | $3741120.00   | 5.91%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills     | United States Treasury Bill                                     | CUSIP: 912797SV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $1488066.66   | 2.35%             | 2026-05-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc.                       | Apple, Inc.                                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     11000 | NS      | $2905980.00   | 4.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                  | Caterpillar, Inc.                                               | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      2000 | NS      | $1485660.00   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills     | United States Treasury Bill                                     | CUSIP: 912797TX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $983345.31    | 1.55%             | 2026-08-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc.                      | Pfizer, Inc.                                                    | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     40000 | NS      | $1106000.00   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                  | Microsoft Corporation                                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      8500 | NS      | $3338290.00   | 5.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation     | Costco Wholesale Corporation                                    | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1500 | NS      | $1516185.00   | 2.40%             |  |  |  | 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        |   1435285 | PA      | $1435285.43   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc               | Meta Platforms, Inc.                                            | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      5000 | NS      | $3240900.00   | 5.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation              | Stryker Corporation                                             | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      2500 | NS      | $968650.00    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.            | Parker-Hannifin Corporation                                     | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      1500 | NS      | $1513770.00   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold Inc.                 | Alamos Gold, Inc.                                               | CUSIP: 011532108<br>LEI: 894500GIHFJZW7YS9660 | Long             | EC               | CORP              | CA        |     50000 | NS      | $2709500.00   | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd           | Agnico Eagle Mines Ltd.                                         | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |      9000 | NS      | $2264400.00   | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                     | NVIDIA Corporation                                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     17500 | NS      | $3100825.00   | 4.90%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company         | American Express Company                                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      2500 | NS      | $772250.00    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc. | Marsh & McLennan Companies, Inc.                                | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      5000 | NS      | $933700.00    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corporation PLC            | Eaton Corp plc                                                  | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |      2000 | NS      | $751840.00    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabtec Corp                      | Westinghouse Air Brake Technologies Corporation                 | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |      3000 | NS      | $791850.00    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corporation     | Northrop Grumman Corporation                                    | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      2000 | NS      | $1448760.00   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                      | Ecolab, Inc.                                                    | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      2000 | NS      | $616700.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                  | Deere & Company                                                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      2000 | NS      | $1259420.00   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc     | Thermo Fisher Scientific, Inc.                                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      4000 | NS      | $2084440.00   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                     | Broadcom, Inc.                                                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      7500 | NS      | $2396625.00   | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.            | Lowe's Companies, Inc.                                          | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      6000 | NS      | $1587420.00   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                 | Amazon.com, Inc.                                                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     12000 | NS      | $2520000.00   | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.             | JPMorgan Chase & Company                                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     10000 | NS      | $3003000.00   | 4.75%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. Horton, Inc.                | DR Horton, Inc.                                                 | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      7500 | NS      | $1202925.00   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-28

**Name of Applicant:** Valued Advisers Trust

**Signature:** Zachary Richmond

**Name of Signer:** Zachary Richmond

**Title:** Treasurer