# EDGAR Filing Document

**Accession Number:** 0000811030
**File Stem:** 0001145549-23-016590
**Filing Date:** 2023-3
**Character Count:** 28047
**Document Hash:** 95004601b6b6fca7b9060a73936c48ce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-016590.hdr.sgml**: 20230315

**ACCESSION NUMBER**: 0001145549-23-016590

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230315

**DATE AS OF CHANGE**: 20230315

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROFESSIONALLY MANAGED PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000811030
- **IRS NUMBER:** 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:** 23736059

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 626-914-7363

**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

### Becker Value Equity Fund (Series ID: S000037988)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000117199 | Retail Class        | BVEFX           |
| C000117200 | Institutional Class | BVEIX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Becker Value Equity Fund** | **Becker Value Equity Fund** | **Becker Value Equity Fund** |
| SCHEDULE OF INVESTMENTS at January 31, 2023 (Unaudited) | SCHEDULE OF INVESTMENTS at January 31, 2023 (Unaudited) | SCHEDULE OF INVESTMENTS at January 31, 2023 (Unaudited) |
| **Shares** |  | **Value** |
| **COMMON STOCKS: 97.2%** | **COMMON STOCKS: 97.2%** |  |
| **Communication Services: 6.4%** | **Communication Services: 6.4%** |  |
| 11380 | Alphabet, Inc. - Class A <sup>1</sup> | $1124799 |
| 7735 | Meta Platforms, Inc. - Class A <sup>1</sup> | 1152283 |
| 41215 | Verizon Communications, Inc. | 1713308 |
| 10065 | The Walt Disney Co. <sup>1</sup> | 1091952 |
| 71665 | Warner Bros Discovery, Inc. <sup>1</sup> | 1062075 |
|  |  | 6144417 |
| **Consumer Discretionary: 4.8%** | **Consumer Discretionary: 4.8%** |  |
| 9505 | Amazon.com, Inc. <sup>1</sup> | 980251 |
| 785 | AutoZone, Inc. <sup>1</sup> | 1914497 |
| 2844 | The Home Depot, Inc. | 921939 |
| 7490 | Starbucks Corp. | 817459 |
|  |  | 4634146 |
| **Consumer Staples: 6.7%** | **Consumer Staples: 6.7%** |  |
| 16380 | Lamb Weston Holdings, Inc. | 1636198 |
| 13545 | The Procter & Gamble Co. | 1928537 |
| 14800 | Tyson Foods, Inc. - Class A | 973100 |
| 13378 | Walmart, Inc. | 1924693 |
|  |  | 6462528 |
| **Energy: 7.1%** | **Energy: 7.1%** |  |
| 40117 | Baker Hughes Co. | 1273314 |
| 9317 | Chevron Corp. | 1621344 |
| 67535 | Kinder Morgan, Inc. | 1235890 |
| 46071 | Shell PLC - ADR | 2709436 |
|  |  | 6839984 |
| **Financials: 21.1%** | **Financials: 21.1%** |  |
| 58230 | Bank of America Corp. | 2066000 |
| 7400 | Berkshire Hathaway, Inc. - Class B <sup>1</sup> | 2305248 |
| 4095 | BlackRock, Inc. | 3108965 |
| 35730 | The Charles Schwab Corp. | 2766217 |
| 9310 | Chubb Ltd. | 2117932 |
| 15315 | First Republic Bank | 2157577 |
| 7680 | The Goldman Sachs Group, Inc. | 2809421 |
| 21055 | JPMorgan Chase & Co. | 2946858 |
|  |  | 20278218 |
| **Health Care: 16.2%** | **Health Care: 16.2%** |  |
| 12875 | Johnson & Johnson | 2104032 |
| 134595 | Koninklijke Philips NV | 2304266 |
| 6030 | McKesson Corp. | 2283440 |
| 16520 | Medtronic PLC | 1382559 |
| 14685 | Merck & Co., Inc. | 1577316 |
| 40405 | Pfizer, Inc. | 1784285 |
| 13427 | Quest Diagnostics, Inc. | 1993641 |
| 43805 | Sanofi - ADR | 2152578 |
|  |  | 15582117 |
| **Industrials: 10.1%** | **Industrials: 10.1%** |  |
| 19080 | Alaska Air Group, Inc. <sup>1</sup> | 979567 |
| 38685 | Carrier Global Corp. | 1761328 |
| 11155 | Eaton Corp PLC | 1809452 |
| 156385 | Embraer SA - ADR <sup>1</sup> | 2015803 |
| 5710 | General Dynamics Corp. | 1330773 |
| 18721 | Raytheon Technologies Corp. | 1869292 |
|  |  | 9766215 |
| **Information Technology: 14.5%** | **Information Technology: 14.5%** |  |
| 16580 | Apple, Inc. | 2392328 |
| 22260 | Blackbaud, Inc. <sup>1</sup> | 1384795 |
| 54045 | Cisco Systems, Inc. | 2630370 |
| 12430 | Microsoft Corp. | 3080279 |
| 18625 | PayPal Holdings, Inc. <sup>1</sup> | 1517751 |
| 14305 | QUALCOMM, Inc. | 1905569 |
| 6495 | salesforce.com, Inc. <sup>1</sup> | 1090965 |
|  |  | 14002057 |
| **Materials: 5.2%** | **Materials: 5.2%** |  |
| 6425 | Air Products and Chemicals, Inc. | 2059277 |
| 24680 | Methanex Corp. | 1168104 |
| 32945 | Newmont Goldcorp Corp. | 1743779 |
|  |  | 4971160 |
| **Real Estate: 1.6%** | **Real Estate: 1.6%** |  |
| 22345 | Realty Income Corp. - REIT | 1515661 |
| **Utilities: 3.5%** | **Utilities: 3.5%** |  |
| 51475 | FirstEnergy Corp. | 2107901 |
| 18255 | The Southern Co. | 1235499 |
|  |  | 3343400 |
| **TOTAL COMMON STOCKS** | **TOTAL COMMON STOCKS** |  |
| &nbsp;&nbsp;&nbsp; (Cost $64,534,585) | &nbsp;&nbsp;&nbsp; (Cost $64,534,585) | 93539903 |
| **SHORT-TERM INVESTMENTS: 2.7%** | **SHORT-TERM INVESTMENTS: 2.7%** |  |
| 2590024 | First American Government Obligations Fund - Class X, 4.140% <sup>2</sup> | 2590024 |
| **TOTAL SHORT-TERM INVESTMENTS** | **TOTAL SHORT-TERM INVESTMENTS** |  |
| &nbsp;&nbsp;&nbsp; (Cost $2,590,024) | &nbsp;&nbsp;&nbsp; (Cost $2,590,024) | 2590024 |
| **TOTAL INVESTMENTS IN SECURITIES: 99.9%** | **TOTAL INVESTMENTS IN SECURITIES: 99.9%** |  |
| &nbsp;&nbsp;&nbsp; (Cost $67,124,609) | &nbsp;&nbsp;&nbsp; (Cost $67,124,609) | 96129927 |
| Other Assets in Excess of Liabilities: 0.1% | Other Assets in Excess of Liabilities: 0.1% | 83163 |
| **TOTAL NET ASSETS: 100.0%** | **TOTAL NET ASSETS: 100.0%** | $96213090 |

---

---

| | |
|:---|:---|
| ADR - | American Depository Receipt |
| REIT - | Real Estate Investment Trust |
| <sup>1</sup>  | Non-income producing security. |
| <sup>2</sup>  | Annualized seven-day effective yield as of January 31, 2023. |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") sector and industry classifications were developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI, Inc. and S&P and has been licensed for use by Becker Value Equity Fund (the "Fund"). | The Global Industry Classification Standard ("GICS<sup>®</sup>") sector and industry classifications were developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI, Inc. and S&P and has been licensed for use by Becker Value Equity Fund (the "Fund"). |

---

------

---

| |
|:---|
| **Summary of Fair Value Disclosure at January 31, 2023 (Unaudited)** |
| The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are: |
| • Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.<br> • 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 spreads, credit risk, yield curves, default rates and similar data.<br> • 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 would be based on the best information available. |
| The following is a summary of the inputs used to value the Fund's investments as of January 31, 2023: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Common Stocks <sup>1</sup> | $93539903 | $- | $- | $93539903 |
| Short-Term Investments | 2590024 | - | - | 2590024 |
| Total Investments in Securities | $96129927 | $- | $- | $96129927 |
| <sup>1</sup>See Schedule of Investments for sector breakouts. | <sup>1</sup>See Schedule of Investments for sector breakouts. |  |  |  |

---

## 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:** Becker Value Equity Fund

- **b. EDGAR series identifier (if any):** S000037988

- **c. LEI of Series:** 254900FFU4Q7KI5YNI45

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

- **a. Date of fiscal year-end:** 2023-10-31

- **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:** $96420388.13

**Total Liabilities:** $198473.19

**Net Assets:** $96221914.94

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000117199 | 6.07%                | -3.13%               | 5.17%                |
| Class ID C000117200 | 6.04%                | -3.11%               | 5.15%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2931995.12              | $2979149.00                                |
| Month 2  | $2754314.42              | $-5999913.37                               |
| Month 3  | $785530.65               | $3901687.68                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Air Products and Chemicals Inc | Air Products and Chemicals Inc             | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |      6425 | NS      | $2059276.75   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Inc           | Alaska Air Group Inc                       | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |     19080 | NS      | $979567.20    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     11380 | NS      | $1124799.20   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      9505 | NS      | $980250.65    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     16580 | NS      | $2392328.20   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc                   | AutoZone Inc                               | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       785 | NS      | $1914497.25   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                | Baker Hughes Co                            | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40117 | NS      | $1273313.58   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp           | Bank of America Corp                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     58230 | NS      | $2066000.40   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc         | Berkshire Hathaway Inc                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      7400 | NS      | $2305248.00   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackbaud Inc                  | Blackbaud Inc                              | CUSIP: 09227Q100<br>LEI: 54930056X3HKFMNG3754 | Long             | EC               | CORP              | US        |     22260 | NS      | $1384794.60   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Inc                  | BlackRock Inc                              | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Long             | EC               | CORP              | US        |      4095 | NS      | $3108964.95   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp            | Carrier Global Corp                        | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     38685 | NS      | $1761328.05   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                   | Chevron Corp                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9317 | NS      | $1621344.34   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     54045 | NS      | $2630370.15   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Embraer SA                     | Embraer SA                                 | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |    156385 | NS      | $2015802.65   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      7735 | NS      | $1152282.95   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   2652533 | NS      | $2652533.25   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp          | General Dynamics Corp                      | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      5710 | NS      | $1330772.60   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The    | Goldman Sachs Group Inc/The                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      7680 | NS      | $2809420.80   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      2844 | NS      | $921939.48    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     21055 | NS      | $2946857.80   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson              | Johnson & Johnson                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     12875 | NS      | $2104032.50   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc              | Kinder Morgan Inc                          | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     67535 | NS      | $1235890.50   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Philips NV         | Koninklijke Philips NV                     | CUSIP: 500472303<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | EC               | CORP              | NL        |    134595 | NS      | $2304266.40   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc       | Lamb Weston Holdings Inc                   | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |     16380 | NS      | $1636198.20   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                  | McKesson Corp                              | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      6030 | NS      | $2283440.40   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     14685 | NS      | $1577315.85   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Methanex Corp                  | Methanex Corp                              | CUSIP: 59151K108<br>LEI: 549300TSJHRXT9QXRD13 | Long             | EC               | CORP              | CA        |     24680 | NS      | $1168104.40   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     12430 | NS      | $3080278.30   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     32945 | NS      | $1743778.85   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc            | PayPal Holdings Inc                        | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     18625 | NS      | $1517751.25   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                     | Pfizer Inc                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     40405 | NS      | $1784284.80   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The        | Procter & Gamble Co/The                    | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     13545 | NS      | $1928537.10   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     14305 | NS      | $1905569.05   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc          | Quest Diagnostics Inc                      | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     13427 | NS      | $1993640.96   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Raytheon Technologies Corp     | Raytheon Technologies Corp                 | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     18721 | NS      | $1869291.85   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp             | Realty Income Corp                         | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     22345 | NS      | $1515661.35   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                      | Shell PLC                                  | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     46071 | NS      | $2709435.51   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                 | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      6495 | NS      | $1090965.15   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi                         | Sanofi                                     | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     43805 | NS      | $2152577.70   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     35730 | NS      | $2766216.60   | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                | Southern Co/The                            | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     18255 | NS      | $1235498.40   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                 | Starbucks Corp                             | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      7490 | NS      | $817458.60    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods Inc                | Tyson Foods Inc                            | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     14800 | NS      | $973100.00    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     41215 | NS      | $1713307.55   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     13378 | NS      | $1924692.86   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc      | Warner Bros Discovery Inc                  | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |     71665 | NS      | $1062075.30   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                 | Eaton Corp PLC                             | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | US        |     11155 | NS      | $1809452.55   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                  | Medtronic PLC                              | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     16520 | NS      | $1382558.80   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                      | Chubb Ltd                                  | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |      9310 | NS      | $2117931.90   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The             | Walt Disney Co/The                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     10065 | NS      | $1091951.85   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| First Republic Bank/CA         | First Republic Bank/CA                     | CUSIP: 33616C100<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EC               | CORP              | US        |     15315 | NS      | $2157577.20   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp               | FirstEnergy Corp                           | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     51475 | NS      | $2107901.25   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-15

**Name of Applicant:** Professionally Managed Portfolios

**Signature:** /s/ Melissa Breitzman

**Name of Signer:** Melissa Breitzman

**Title:** Assistant Treasurer