# EDGAR Filing Document

**Accession Number:** 0000811030
**File Stem:** 0000894189-25-009772
**Filing Date:** 2025-9
**Character Count:** 20069
**Document Hash:** 8629b86e0ea4a36481ad409bd65f31db
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-009772.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0000894189-25-009772

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250929

**DATE AS OF CHANGE**: 20250929

**PERIOD START**: 20251031

**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:** 251354729

**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

### Otter Creek Focus Strategy ETF (Series ID: S000084950)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000249787 | Otter Creek Focus Strategy ETF | OCFS            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Otter Creek Focus Strategy ETF** | **Otter Creek Focus Strategy ETF** | **Otter Creek Focus Strategy ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **July 31, 2025 (Unaudited)** | **July 31, 2025 (Unaudited)** | **July 31, 2025 (Unaudited)** |
| **COMMON STOCKS - 97.7%** | **Shares** | **Value**  |
| **Aerospace & Defense - 8.4%** | **Aerospace & Defense - 8.4%** | |
| L3Harris Technologies, Inc. | 1300 | $357266 |
| Parsons Corp. <sup>(a)</sup> | 5310 | 394002 |
|  |  | 751268 |
| **Application Software - 6.2%** | **Application Software - 6.2%** |  |
| Guidewire Software, Inc. <sup>(a)</sup> | 1247 | 282096 |
| Workday, Inc. - Class A <sup>(a)</sup> | 1167 | 267687 |
|  |  | 549783 |
| **Casinos & Gaming - 4.4%** | **Casinos & Gaming - 4.4%** |  |
| DraftKings, Inc. - Class A <sup>(a)</sup> | 8744 | 393830 |
| **Communications Equipment - 4.3%** | **Communications Equipment - 4.3%** |  |
| F5, Inc. <sup>(a)</sup> | 1224 | 383626 |
| **Construction & Engineering - 3.0%** | **Construction & Engineering - 3.0%** |  |
| Quanta Services, Inc. | 665 | 270076 |
| **Electrical Components & Equipment - 4.5%** | **Electrical Components & Equipment - 4.5%** |  |
| Vertiv Holdings Co. - Class A | 2754 | 400982 |
| **Electronic Components - 5.6%** | **Electronic Components - 5.6%** |  |
| Coherent Corp. <sup>(a)</sup> | 1822 | 196047 |
| Corning, Inc. | 4817 | 304627 |
|  |  | 500674 |
| **Electronic Manufacturing Services - 4.1%** | **Electronic Manufacturing Services - 4.1%** |  |
| Flex Ltd. <sup>(a)</sup> | 7370 | 367542 |
| **Financial Exchanges & Data - 6.3%** | **Financial Exchanges & Data - 6.3%** |  |
| Intercontinental Exchange, Inc. | 1392 | 257283 |
| Nasdaq, Inc. | 3161 | 304152 |
|  |  | 561435 |
| **Health Care Equipment - 4.1%** | **Health Care Equipment - 4.1%** |  |
| Hologic, Inc. <sup>(a)</sup> | 5407 | 361296 |
| **Health Care Technology - 1.4%** | **Health Care Technology - 1.4%** |  |
| Waystar Holding Corp. <sup>(a)</sup> | 3479 | 128653 |
| **Industrial Conglomerates - 5.4%** | **Industrial Conglomerates - 5.4%** |  |
| 3M Co. | 1835 | 273819 |
| GE HealthCare Technologies, Inc. | 2910 | 207541 |
|  |  | 481360 |
| **Insurance Brokers - 8.5%** | **Insurance Brokers - 8.5%** |  |
| Baldwin Insurance Group, Inc. - Class A <sup>(a)</sup> | 9540 | 351454 |
| Brown & Brown, Inc. | 2190 | 200100 |
| Ryan Specialty Holdings, Inc. | 3315 | 202845 |
|  |  | 754399 |
| **Interactive Home Entertainment - 2.2%** | **Interactive Home Entertainment - 2.2%** |  |
| Take-Two Interactive Software, Inc. <sup>(a)</sup> | 899 | 200234 |
| **Investment Banking & Brokerage - 4.9%** | **Investment Banking & Brokerage - 4.9%** |  |
| LPL Financial Holdings, Inc. | 1107 | 438073 |
| **IT Consulting & Other Services - 1.9%** | **IT Consulting & Other Services - 1.9%** |  |
| EPAM Systems, Inc. <sup>(a)</sup> | 1058 | 166857 |
| **Life Sciences Tools & Services - 3.9%** | **Life Sciences Tools & Services - 3.9%** |  |
| Avantor, Inc. <sup>(a)</sup> | 25510 | 342854 |
| **Multi-Utilities - 3.1%** | **Multi-Utilities - 3.1%** |  |
| CenterPoint Energy, Inc. | 7036 | 273138 |
| **Property & Casualty Insurance - 4.0%** | **Property & Casualty Insurance - 4.0%** |  |
| W R Berkley Corp. | 5137 | 353477 |
| **Rail Transportation - 1.8%** | **Rail Transportation - 1.8%** |  |
| Canadian Pacific Kansas City Ltd. | 2216 | 162987 |
| **Specialized REITs - 2.5%** | **Specialized REITs - 2.5%** |  |
| SBA Communications Corp. | 993 | 223147 |
| **Technology Hardware, Storage & Peripherals - 4.4%** | **Technology Hardware, Storage & Peripherals - 4.4%** |  |
| CompoSecure, Inc. <sup>(a)</sup> | 27626 | 392566 |
| **Transaction & Payment Processing - 2.8%** | **Transaction & Payment Processing - 2.8%** |  |
| Block, Inc. <sup>(a)</sup> | 3265 | 252254 |
| **TOTAL COMMON STOCKS** (Cost $7,688,899) | **TOTAL COMMON STOCKS** (Cost $7,688,899) | 8710511 |
| **TOTAL INVESTMENTS - 97.7% (**Cost $7,688,899**)** | **TOTAL INVESTMENTS - 97.7% (**Cost $7,688,899**)** | 8710511 |
| Other Assets in Excess of Liabilities - 2.3% | Other Assets in Excess of Liabilities - 2.3% | 200671 |
| **TOTAL NET ASSETS - 100.0%** |  | $8911182 |
| two | two | –% |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |

---

REIT - Real Estate Investment Trust<br>

(a) Non-income producing security.

------

#### <br>

#### Summary of Fair Value Disclosure as of July 31, 2025 (Unaudited)
Otter Creek Focus Strategy ETF (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 July 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $8710511 | $– | $– | $8710511 |
| Total Investments | $8710511 | $– | $– | $8710511 |
| 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:** Otter Creek Focus Strategy ETF

- **b. EDGAR series identifier (if any):** S000084950

- **c. LEI of Series:** 254900OZ3X387KFT5733

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

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

- **b. Date as of which information is reported:** 2025-07-31

**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:** $8919405.78

**Total Liabilities:** $6379.24

**Net Assets:** $8913026.54

**Cash Not Reported:** $337548.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000249787 | 7.43%                | 5.79%                | 1.88%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-45822.47               | $692144.44                                 |
| Month 2  | $63254.14                | $444112.43                                 |
| Month 3  | $293922.31               | $-116032.98                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CenterPoint Energy Inc         | CenterPoint Energy Inc            | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |      7036 | NS      | $273137.52    | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                  | Coherent Corp                     | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |      1822 | NS      | $196047.20    | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                   | Parsons Corp                      | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |      5310 | NS      | $394002.00    | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc     | LPL Financial Holdings Inc        | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      1107 | NS      | $438073.11    | 4.91%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp        | SBA Communications Corp           | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |       993 | NS      | $223146.96    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                          | 3M Co                             | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      1835 | NS      | $273818.70    | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                    | Avantor Inc                       | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25510 | NS      | $342854.40    | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp               | W R Berkley Corp                  | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |      5137 | NS      | $353476.97    | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc              | Brown & Brown Inc                 | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |      2190 | NS      | $200100.30    | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                    | Corning Inc                       | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      4817 | NS      | $304627.08    | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc      | L3Harris Technologies Inc         | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      1300 | NS      | $357266.00    | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                      | Block Inc                         | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |      3265 | NS      | $252253.90    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems Inc               | EPAM Systems Inc                  | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |      1058 | NS      | $166857.18    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies Inc | GE HealthCare Technologies Inc    | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |      2910 | NS      | $207541.20    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc         | Guidewire Software Inc            | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |      1247 | NS      | $282096.34    | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                     | Nasdaq Inc                        | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |      3161 | NS      | $304151.42    | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc            | Quanta Services Inc               | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |       665 | NS      | $270076.45    | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                    | Workday Inc                       | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      1167 | NS      | $267686.46    | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City L | Canadian Pacific Kansas City Ltd  | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      2216 | NS      | $162986.80    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                         | F5 Inc                            | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |      1224 | NS      | $383626.08    | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CompoSecure Inc                | CompoSecure Inc                   | CUSIP: 20459V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27626 | NS      | $392565.46    | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc    | Ryan Specialty Holdings Inc       | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3315 | NS      | $202844.85    | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software  | Take-Two Interactive Software Inc | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |       899 | NS      | $200234.27    | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co             | Vertiv Holdings Co                | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      2754 | NS      | $400982.40    | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd                       | Flex Ltd                          | CUSIP: N/A<br>LEI: 549300EAQH74YHD07T53       | Long             | EC               | CORP              | US        |      7370 | NS      | $367541.90    | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Baldwin Insurance Group Inc/Th | Baldwin Insurance Group Inc/The   | CUSIP: 05589G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9540 | NS      | $351453.60    | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc                 | DraftKings Inc                    | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |      8744 | NS      | $393829.76    | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                    | Hologic Inc                       | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |      5407 | NS      | $361295.74    | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc  | Intercontinental Exchange Inc     | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      1392 | NS      | $257283.36    | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-29

**Name of Applicant:** Professionally Managed Portfolios

**Signature:** /s/ Craig Benton

**Name of Signer:** Craig Benton

**Title:** Treasurer/Principal Financial Officer