# EDGAR Filing Document

**Accession Number:** 0001437249
**File Stem:** 0001752724-25-162437
**Filing Date:** 2025-6
**Character Count:** 15547
**Document Hash:** ea9977a34eae0370ee1544c5dccc10e1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-162437.hdr.sgml**: 20250630

**ACCESSION NUMBER**: 0001752724-25-162437

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250630

**DATE AS OF CHANGE**: 20250630

**PERIOD START**: 20251031

**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:** 251088992

**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

### Kovitz Core Equity ETF (Series ID: S000077457)

| Class ID   | Class Name             | Ticker Symbol   |
|:---|:---|:---|
| C000237915 | Kovitz Core Equity ETF | EQTY            |

## 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:** KOVITZ CORE EQUITY ETF

- **b. EDGAR series identifier (if any):** S000077457

- **c. LEI of Series:** 549300VUKI0ZJ3TE1C73

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

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

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1140612573.96

**Total Liabilities:** $794269.31

**Net Assets:** $1139818304.65

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237915 | -2.71%               | -4.88%               | -1.77%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $19767408.27             | $-54652100.67                              |
| Month 2  | $960362.83               | $-61170888.12                              |
| Month 3  | $1988567.84              | $-22391866.54                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Aon PLC                          | Aon plc                           | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |     93224 | NS      | $33074942.96  | 2.90%             |  |  |  | No            | 1                  | On Loan: No      |
| American Express Company         | American Express Company          | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     78765 | NS      | $20983783.65  | 1.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Oracle Corp.                     | Oracle Corporation                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    152916 | NS      | $21518339.52  | 1.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Amazon.com, Inc.                 | Amazon.com, Inc.                  | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    273965 | NS      | $50524625.30  | 4.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Meta Platforms Inc               | Meta Platforms, Inc.              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     71990 | NS      | $39522510.00  | 3.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Apple Inc.                       | Apple, Inc.                       | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     73745 | NS      | $15670812.50  | 1.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Visa Inc                         | Visa, Inc.                        | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    135155 | NS      | $46696052.50  | 4.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Alphabet Inc.                    | Alphabet, Inc.                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     24678 | NS      | $3918866.40   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Ashtead Group PLC                | Ashtead Group plc                 | CUSIP: 045055100<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |    157881 | NS      | $33966518.34  | 2.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Alphabet Inc.                    | Alphabet, Inc.                    | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    266065 | NS      | $42807197.85  | 3.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Arista Networks Inc              | Arista Networks, Inc.             | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    229580 | NS      | $18887546.60  | 1.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Advanced Micro Devices Inc.      | Advanced Micro Devices, Inc.      | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    203534 | NS      | $19814034.90  | 1.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Analog Devices Inc.              | Analog Devices, Inc.              | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     95024 | NS      | $18522078.08  | 1.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Adobe Inc                        | Adobe, Inc.                       | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     52868 | NS      | $19824442.64  | 1.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Universal Music Group N.V        | Universal Music Group N.V.        | CUSIP: 91377B109<br>LEI: 724500GJBUL3D9TW9Y18 | Long             | EC               | CORP              | NL        |   3081745 | NS      | $44931842.10  | 3.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Thermo Fisher Scientific Inc     | Thermo Fisher Scientific, Inc.    | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     85425 | NS      | $36647325.00  | 3.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Keysight Technologies, Inc.      | Keysight Technologies, Inc.       | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |    249347 | NS      | $36255053.80  | 3.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Lowes Companies, Inc.            | Lowe's Companies, Inc.            | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     93982 | NS      | $21010615.92  | 1.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Becton, Dickinson and Company    | Becton Dickinson & Company        | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |    220398 | NS      | $45642221.82  | 4.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Applied Materials Inc.           | Applied Materials, Inc.           | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |    137047 | NS      | $20654353.37  | 1.81%             |  |  |  | No            | 1                  | On Loan: No      |
| Salesforce Inc.                  | Salesforce, Inc.                  | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     82783 | NS      | $22244619.93  | 1.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Dollar Tree Inc                  | Dollar Tree, Inc.                 | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |    428273 | NS      | $35019883.21  | 3.07%             |  |  |  | No            | 1                  | On Loan: No      |
| The Charles Schwab Corporation   | Charles Schwab Corporation (The)  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    702967 | NS      | $57221513.80  | 5.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Jacobs Solutions Inc.            | Jacobs Solutions, Inc.            | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    339724 | NS      | $42057831.20  | 3.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Berkshire Hathaway Inc.          | Berkshire Hathaway, Inc.          | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     72225 | NS      | $38513981.25  | 3.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Stryker Corporation              | Stryker Corporation               | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      4085 | NS      | $1527463.20   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| PPG Industries, Inc.             | PPG Industries, Inc.              | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |    111101 | NS      | $12094454.86  | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Microsoft Corp.                  | Microsoft Corporation             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     96079 | NS      | $37976185.54  | 3.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Floor And Decor Holding Inc.     | Floor & Decor Holdings, Inc.      | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |    151070 | NS      | $10792440.80  | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Intercontinental Exchange Inc    | Intercontinental Exchange, Inc.   | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    304550 | NS      | $51155263.50  | 4.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Carmax Inc                       | CarMax, Inc.                      | CUSIP: 143130102<br>LEI: 529900F60CID3NCZM330 | Long             | EC               | CORP              | US        |    496333 | NS      | $32097855.11  | 2.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Philip Morris International Inc. | Philip Morris International, Inc. | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    351940 | NS      | $60308438.40  | 5.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Paccar Inc                       | PACCAR, Inc.                      | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |    378690 | NS      | $34161624.90  | 3.00%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                              | BBH SWEEP VEHICLE                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |  45570770 | PA      | $45570769.95  | 4.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Amentum Holdings, Inc.           | Amentum Holdings, Inc.            | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |    938677 | NS      | $20481932.14  | 1.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Fiserv Inc.                      | Fiserv, Inc.                      | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |    195105 | NS      | $36010529.85  | 3.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Abbott Laboratories              | Abbott Laboratories               | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      5962 | NS      | $779531.50    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Hayward Holdings Inc             | Hayward Holdings, Inc.            | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    851079 | NS      | $11344883.07  | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-04-30

**Name of Applicant:** Valued Advisers Trust

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller