# EDGAR Filing Document

**Accession Number:** 0000811030
**File Stem:** 0001145549-23-008109
**Filing Date:** 2023-2
**Character Count:** 29594
**Document Hash:** 6bdda17f7b0183c3c3a9fc9f94cdcc01
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-008109.hdr.sgml**: 20230222

**ACCESSION NUMBER**: 0001145549-23-008109

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230222

**DATE AS OF CHANGE**: 20230222

**PERIOD START**: 20230930

**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:** 23652272

**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

### Boston Common ESG Impact Emerging Markets Fund (Series ID: S000070633)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000224360 | Boston Common ESG Impact Emerging Markets Fund | BCEMX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Boston Common ESG Impact Emerging Markets Fund** | **Boston Common ESG Impact Emerging Markets Fund** | |
| Schedule of Investments | Schedule of Investments |  |
| December 31, 2022 (Unaudited) | December 31, 2022 (Unaudited) |  |
| **Shares** |  | **Value** |
| **COMMON STOCKS - 95.1%** | **COMMON STOCKS - 95.1%** |  |
| **Communication Services - 8.8%** | **Communication Services - 8.8%** |  |
| 86182 | Advanced Info Service PLC | $498281 |
| 47379 | Bharti Airtel Ltd. | 460766 |
| 18255 | SK Telecom Company Ltd. - ADR | 375870 |
| 1678950 | Telkom Indonesia Persero Tbk PT | 404312 |
| 11231 | Tencent Holdings Ltd. | 476198 |
|  |  | 2215427 |
| **Consumer Discretionary - 18.3%** | **Consumer Discretionary - 18.3%** |  |
| 101931 | Alibaba Group Holding Ltd. <sup>1</sup> | 1118481 |
| 15480 | BYD Company Ltd. - Class H | 379786 |
| 3750 | Coway Company Ltd. | 166499 |
| 24174 | Giant Manufacturing Company Ltd. | 157277 |
| 73208 | Lojas Renner SA | 283743 |
| 71900 | Midea Group Company Ltd. - Class A | 533591 |
| 115888 | Minth Group Ltd. | 312803 |
| 5705 | Naspers Ltd. - Class N | 953338 |
| 20771 | Trip.com Group Ltd. - ADR | 714522 |
|  |  | 4620040 |
| **Consumer Staples - 7.9%** | **Consumer Staples - 7.9%** |  |
| 28346 | Clicks Group Ltd. | 450566 |
| 3496 | Dino Polska SA <sup>1</sup> | 300252 |
| 49529 | Hengan International Group Company Ltd. | 262596 |
| 271250 | Kimberly-Clark de Mexico - Class A | 460331 |
| 902 | LG Household & Health Care Ltd. | 519164 |
|  |  | 1992909 |
| **Financials - 20.8%** | **Financials - 20.8%** |  |
| 58976 | Axis Bank Ltd. | 663695 |
| 127000 | BDO Unibank, Inc. | 241513 |
| 118806 | China Merchants Bank Company Ltd. - Class H | 657455 |
| 2652 | Credicorp Ltd. | 359770 |
| 15870 | HDFC Bank Ltd. - ADR | 1085667 |
| 102595 | Kasikornbank PLC - NVDR | 436157 |
| 14716 | OTP Bank Nyrt | 399850 |
| 116278 | Ping An Insurance (Group) Company of China Ltd. - Class H | 763917 |
| 2016089 | PT Bank Rakyat Indonesia (Persero) Tbk. | 639202 |
|  |  | 5247226 |
| **Health Care - 6.9%** | **Health Care - 6.9%** |  |
| 96342 | Biocon Ltd. | 304455 |
| 875333 | China Traditional Chinese Medicine Holdings Company Ltd. | 396960 |
| 237725 | Hapvida Participacoes e Investimentos SA | 229080 |
| 2772979 | PT Kalbe Farma Tbk. | 372263 |
| 9486 | Shenzhen Mindray Bio-Medical Electronics Company Ltd. - Class A | 430169 |
|  |  | 1732927 |
| **Industrials - 8.7%** | **Industrials - 8.7%** |  |
| 16256 | AirTAC International Group | 490793 |
| 39525 | Shenzhen Inovance Technology Company Ltd. - Class A | 394375 |
| 20279 | Voltas Ltd. | 195673 |
| 92401 | WEG SA | 671227 |
| 327681 | Weichai Power Company Ltd. - Class H | 433255 |
|  |  | 2185323 |
| **Information Technology - 17.9%** | **Information Technology - 17.9%** |  |
| 525333 | Chinasoft International Ltd. | 454784 |
| 74010 | Delta Electronics, Inc. | 686072 |
| 23199 | Infosys Ltd. - ADR | 417814 |
| 13171 | Pagseguro Digital Ltd. - Class A <sup>1</sup> | 115115 |
| 16049 | SK Hynix, Inc. | 957548 |
| 18247 | Taiwan Semiconductor Manufacturing Company Ltd. - ADR | 1359219 |
| 56245 | Win Semiconductors Corp. | 249305 |
| 242975 | Xinyi Solar Holdings Ltd. | 267357 |
|  |  | 4507214 |
| **Materials - 3.6%** | **Materials - 3.6%** |  |
| 1052 | LG Chem Ltd. | 502361 |
| 24181 | Mondi PLC | 413566 |
|  |  | 915927 |
| **Real Estate - 2.2%** | **Real Estate - 2.2%** |  |
| 306181 | Growthpoint Properties Ltd. - REIT | 262010 |
| 94782 | Longfor Group Holdings Ltd. | 291660 |
|  |  | 553670 |
| **TOTAL COMMON STOCKS** (Cost $27,366,433) | **TOTAL COMMON STOCKS** (Cost $27,366,433) | 23970663 |
| **PREFERRED STOCKS - 2.2%** | **PREFERRED STOCKS - 2.2%** |  |
| **Financials - 2.2%** | **Financials - 2.2%** |  |
| 9749 | Bancolombia SA - ADR | 278236 |
| 60476 | Itau Unibanco Holding SA - ADR | 284842 |
| **TOTAL PREFERRED STOCKS** (Cost $633,867) | **TOTAL PREFERRED STOCKS** (Cost $633,867) | 563078 |
| **SHORT-TERM INVESTMENTS - 2.5%** | **SHORT-TERM INVESTMENTS - 2.5%** |  |
| **MONEY MARKET FUNDS - 2.5%** | **MONEY MARKET FUNDS - 2.5%** |  |
| 632363 | First American Treasury Obligations Fund - Class X, 4.190% <sup>2</sup> | 632363 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $632,363) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $632,363) | 632363 |
| **TOTAL INVESTMENTS - 99.8%** (Cost $28,632,663) | **TOTAL INVESTMENTS - 99.8%** (Cost $28,632,663) | 25166104 |
| Other Assets in Excess of Liabilities - 0.2% | Other Assets in Excess of Liabilities - 0.2% | 52221 |
| **NET ASSETS - 100.0%** | **NET ASSETS - 100.0%** | $25218325 |

---

---

| | |
|:---|:---|
| ADR | American Depositary Receipt |
| NVDR | Non-Voting Depository Receipt |
| REIT | Real Estate Investment Trust |
| <sup>1</sup> | Non-income producing security. |
| <sup>2</sup> | Annualized seven-day effective yield as of December 31, 2022. |
|  | 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 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. Bancorp Fund Service, LLC. |

---

------

---

| | |
|:---|:---|
| Country Allocation at December 31, 2022 (Unaudited) |  |
| Country | % of Net Assets <sup>1</sup> |
| China | 31.7% |
| India | 12.4% |
| Republic of Korea | 10.0% |
| Taiwan | 9.7% |
| South Africa | 6.6% |
| Brazil | 6.3% |
| Indonesia | 5.6% |
| Thailand | 3.7% |
| Mexico | 1.8% |
| United Kingdom | 1.6% |
| Hungary | 1.6% |
| Hong Kong | 1.6% |
| Peru | 1.4% |
| Poland | 1.2% |
| Colombia | 1.1% |
| Philippines | 1.0% |
| <sup>1</sup> Excludes short-term investments and other assets in excess of liabilities. | <sup>1</sup> Excludes short-term investments and other assets in excess of liabilities. |

---

------

---

| |
|:---|
| **Boston Common ESG Impact Emerging Markets Fund** |
| **Summary of Fair Value Exposure at December 31, 2022 (Unaudited)** |
| The Boston Common ESG Impact Emerging Markets Fund (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 December 31, 2022: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Common Stocks** | | | | |
| Communication Services | $375870 | $1839557 | $- | $2215427 |
| Consumer Discretionary | 714523 | 3905517 | - | 4620040 |
| Consumer Staples | 910897 | 1082012 | - | 1992909 |
| Financials | 1445437 | 3801789 | - | 5247226 |
| Health Care | - | 1732927 | - | 1732927 |
| Industrials | - | 2185323 | - | 2185323 |
| Information Technology | 1892148 | 2615066 | - | 4507214 |
| Materials | - | 915927 | - | 915927 |
| Real Estate | 262010 | 291660 | - | 553670 |
| **Total Common Stocks** | 5600885 | 18369778 | - | 23970663 |
| **Preferred Stocks** |  |  |  |  |
| Financials | 563078 | - | - | 563078 |
| **Total Preferred Stocks** | 563078 | - | - | 563078 |
| **Short-Term Investments** | 632363 | - | - | 632363 |
| **Total Investments in Securities** | $6796326 | $18369778 | $- | $25166104 |

---

## 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:** Boston Common ESG Impact Emerging Markets Fund

- **b. EDGAR series identifier (if any):** S000070633

- **c. LEI of Series:** 254900DIAM8IXXG6KE96

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $25307218.70

**Total Liabilities:** $89227.16

**Net Assets:** $25217991.54

**Cash Not Reported:** $57514.77

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000224360 | -0.89%               | 16.24%               | -2.14%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6802.27                | $-189009.33                                |
| Month 2  | $-1173.73                | $3405656.82                                |
| Month 3  | $-199373.90              | $-359885.83                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Growthpoint Properties Ltd     | Growthpoint Properties Ltd                         | CUSIP: N/A<br>LEI: 37890019DD1E46632291       | Long             | EC               | CORP              | ZA        |    306181 | NS      | $262009.67    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chinasoft International Ltd    | Chinasoft International Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    525333 | NS      | $454784.88    | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Dino Polska SA                 | Dino Polska SA                                     | CUSIP: N/A<br>LEI: 259400H4L81SMPRTW956       | Long             | EC               | CORP              | PL        |      3496 | NS      | $300251.54    | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Telkom Indonesia Persero Tbk P | Telkom Indonesia Persero Tbk PT                    | CUSIP: N/A<br>LEI: 529900M5SQZAOKV1PC81       | Long             | EC               | CORP              | ID        |   1678950 | NS      | $404311.68    | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| INOVANCE                       | Shenzhen Inovance Technology Co Ltd                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     39525 | NS      | $394374.73    | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Midea Group Co Ltd             | Midea Group Co Ltd                                 | CUSIP: Y6S40V103<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |     71900 | NS      | $533591.03    | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Hapvida Participacoes e Invest | Hapvida Participacoes e Investimentos S/A          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    237725 | NS      | $229079.73    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Xinyi Solar Holdings Ltd       | Xinyi Solar Holdings Ltd                           | CUSIP: N/A<br>LEI: 529900QF7VIH03SB7Q08       | Long             | EC               | CORP              | CN        |    242975 | NS      | $267356.55    | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Shenzhen Mindray Bio-Medical E | Shenzhen Mindray Bio-Medical Electronics Co Ltd    | CUSIP: Y774E3101<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      9486 | NS      | $430168.99    | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd      | Alibaba Group Holding Ltd                          | CUSIP: G01719114<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |    101931 | NS      | $1118480.04   | 4.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd           | Tencent Holdings Ltd                               | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | CN        |     11231 | NS      | $476198.49    | 1.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Axis Bank Ltd                  | Axis Bank Ltd                                      | CUSIP: N/A<br>LEI: 549300HVNWMJPOFVNI41       | Long             | EC               | CORP              | IN        |     58976 | NS      | $663694.88    | 2.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Credicorp Ltd                  | Credicorp Ltd                                      | CUSIP: N/A<br>LEI: 529900UYAEYQCQ2BKB17       | Long             | EC               | CORP              | PE        |      2652 | NS      | $359770.32    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Pagseguro Digital Ltd          | Pagseguro Digital Ltd                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     13171 | NS      | $115114.54    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Bancolombia SA                 | Bancolombia SA                                     | CUSIP: 05968L102<br>LEI: 54930052NWJRPNMP1W58 | Long             | EP               | CORP              | CO        |      9749 | NS      | $278236.46    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark de Mexico SAB d | Kimberly-Clark de Mexico SAB de CV                 | CUSIP: N/A<br>LEI: 549300JGHL56QT00KT54       | Long             | EC               | CORP              | MX        |    271250 | NS      | $460330.87    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| WEG SA                         | WEG SA                                             | CUSIP: N/A<br>LEI: 254900NKQV127YFRO022       | Long             | EC               | CORP              | BR        |     92401 | NS      | $671227.43    | 2.66%             |  |  |  | No            |                  2 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund           | CUSIP: 31846V328<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    632363 | NS      | $632362.67    | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                  | HDFC Bank Ltd                                      | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     15870 | NS      | $1085666.70   | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                    | Infosys Ltd                                        | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |     23199 | NS      | $417813.99    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding SA       | Itau Unibanco Holding SA                           | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |     60476 | NS      | $284841.96    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Clicks Group Ltd               | Clicks Group Ltd                                   | CUSIP: N/A<br>LEI: 378900E967958A677472       | Long             | EC               | CORP              | ZA        |     28346 | NS      | $450566.48    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| HENGAN INT'L                   | Hengan International Group Co Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     49529 | NS      | $262596.48    | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Coway Co Ltd                   | Coway Co Ltd                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      3750 | NS      | $166499.39    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics Inc          | Delta Electronics Inc                              | CUSIP: N/A<br>LEI: 529900UVZWNWGDLJSM52       | Long             | EC               | CORP              | TW        |     74010 | NS      | $686071.95    | 2.72%             |  |  |  | No            |                  2 | On Loan: No      |
| LG H&H Co Ltd                  | LG H&H Co Ltd                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       902 | NS      | $519163.89    | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Chem Ltd                    | LG Chem Ltd                                        | CUSIP: N/A<br>LEI: 988400IES4EIG7O06940       | Long             | EC               | CORP              | KR        |      1052 | NS      | $502360.82    | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Kasikornbank PCL               | Kasikornbank PCL                                   | CUSIP: N/A<br>LEI: 5493004COSQ54937AW41       | Long             | EC               | CORP              | TH        |    102595 | NS      | $436156.97    | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Giant Manufacturing Co Ltd     | Giant Manufacturing Co Ltd                         | CUSIP: N/A<br>LEI: 549300M7TYVF50B2GY12       | Long             | EC               | CORP              | TW        |     24174 | NS      | $157276.60    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Advanced Info Service PCL      | Advanced Info Service PCL                          | CUSIP: N/A<br>LEI: 529900DU2YW1NO5RMU78       | Long             | EC               | CORP              | TH        |     86182 | NS      | $498280.51    | 1.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharti Airtel Ltd              | Bharti Airtel Ltd                                  | CUSIP: N/A<br>LEI: 335800KQ1FPKOQ84OR26       | Long             | EC               | CORP              | IN        |     47379 | NS      | $460766.30    | 1.83%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Hynix Inc                   | SK Hynix Inc                                       | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |     16049 | NS      | $957548.35    | 3.80%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co Ltd                     | BYD Co Ltd                                         | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |     15480 | NS      | $379786.27    | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Naspers Ltd                    | Naspers Ltd                                        | CUSIP: N/A<br>LEI: 21380044BQ8812EEKT59       | Long             | EC               | CORP              | ZA        |      5705 | NS      | $953337.92    | 3.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Rakyat Indonesia Persero  | Bank Rakyat Indonesia Persero Tbk PT               | CUSIP: N/A<br>LEI: 254900HB6S4B12GBNP64       | Long             | EC               | CORP              | ID        |   2016089 | NS      | $639201.55    | 2.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Biocon Ltd                     | Biocon Ltd                                         | CUSIP: N/A<br>LEI: 335800NK3L7QCHLOC198       | Long             | EC               | CORP              | IN        |     96342 | NS      | $304455.26    | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Weichai Power Co Ltd           | Weichai Power Co Ltd                               | CUSIP: N/A<br>LEI: 529900OKTPKBG85F9502       | Long             | EC               | CORP              | CN        |    327681 | NS      | $433255.37    | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| TRAD CHI MED                   | China Traditional Chinese Medicine Holdings Co Ltd | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |    875333 | NS      | $396960.09    | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| OTP Bank Nyrt                  | OTP Bank Nyrt                                      | CUSIP: N/A<br>LEI: 529900W3MOO00A18X956       | Long             | EC               | CORP              | HU        |     14716 | NS      | $399850.06    | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Telecom Co Ltd              | SK Telecom Co Ltd                                  | CUSIP: 78440P306<br>LEI: 9884003WEA1PHW006037 | Long             | EC               | CORP              | KR        |     18255 | NS      | $375870.45    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd          | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     18247 | NS      | $1359219.03   | 5.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Trip.com Group Ltd             | Trip.com Group Ltd                                 | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | CN        |     20771 | NS      | $714522.40    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| PING AN                        | Ping An Insurance Group Co of China Ltd            | CUSIP: N/A<br>LEI: 529900M9MC28JLN35U89       | Long             | EC               | CORP              | CN        |    116278 | NS      | $763916.85    | 3.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Lojas Renner SA                | Lojas Renner SA                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     73208 | NS      | $283742.56    | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Minth Group Ltd                | Minth Group Ltd                                    | CUSIP: N/A<br>LEI: 254900B2AH0G13K9G204       | Long             | EC               | CORP              | CN        |    115888 | NS      | $312803.32    | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| China Merchants Bank Co Ltd    | China Merchants Bank Co Ltd                        | CUSIP: N/A<br>LEI: 549300MKO5B60FFIHF58       | Long             | EC               | CORP              | CN        |    118806 | NS      | $657455.38    | 2.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Voltas Ltd                     | Voltas Ltd                                         | CUSIP: N/A<br>LEI: 335800VVTQSSZ7NV7F51       | Long             | EC               | CORP              | IN        |     20279 | NS      | $195673.34    | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Mondi PLC                      | Mondi PLC                                          | CUSIP: G6258S107<br>LEI: 213800LOZA69QFDC9N34 | Long             | EC               | CORP              | GB        |     24181 | NS      | $413565.71    | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Airtac International Group     | Airtac International Group                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     16256 | NS      | $490792.35    | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Longfor Group Holdings Ltd     | Longfor Group Holdings Ltd                         | CUSIP: N/A<br>LEI: 254900UJX27B2F1JYR13       | Long             | EC               | CORP              | CN        |     94782 | NS      | $291660.23    | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Win Semiconductors Corp        | Win Semiconductors Corp                            | CUSIP: N/A<br>LEI: 529900G3R9LZ0M2UBM97       | Long             | EC               | CORP              | TW        |     56245 | NS      | $249304.95    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| BDO Unibank Inc                | BDO Unibank Inc                                    | CUSIP: N/A<br>LEI: 3FGIIBS1PEI1FYQBGN97       | Long             | EC               | CORP              | PH        |    127000 | NS      | $241513.15    | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Kalbe Farma Tbk PT             | Kalbe Farma Tbk PT                                 | CUSIP: N/A<br>LEI: 529900PRQI8S32HOE387       | Long             | EC               | CORP              | ID        |   2772979 | NS      | $372263.01    | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Professionally Managed Portfolios

**Signature:** /s/ Jennifer Smith

**Name of Signer:** Jennifer Smith

**Title:** Assistant Treasurer