N-Q 1 chasenq.htm CHASE GROWTH AND CHASE MID-CAP N-Q Chase Growth and Chase Mid-Cap N-Q




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


 
FORM N-Q
 
 
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 




Investment Company Act file number 811-07959



Advisors Series Trust
(Exact name of registrant as specified in charter)



615 East Michigan St.
Milwaukee, WI 53202
(Address of principal executive offices) (Zip code)



Eric M. Banhazl
Advisors Series Trust
2020 East Financial Way, Suite 100
Glendora, CA 91741 

(Name and address of agent for service)


(414) 765-5340
Registrant's telephone number, including area code



Date of fiscal year end: September 30, 2005



Date of reporting period: December 31, 2004 

 

 
     
 

Item 1. Schedule of Investments.

Chase Growth Fund
      
Schedule of Investments at December 31, 2004 (Unaudited)
    
       
       
SHARES
COMMON STOCKS - 95.0%
  
MARKET VALUE
Air Freight - 3.8%
      
84,500
FedEx Corp.
 
$8,322,405
Apparel - 2.8%
      
68,000
NIKE, Inc. - Class B
 
6,166,920
Auto/Auto Parts - 0.4%
    
10,300
Toyota Motor Corp.#
  
843,261
Computer Software & Services - 1.2%
    
37,500
Infosys Technologies Ltd#
  
2,599,125
Conglomerates - 5.3%
    
54,600
3M Co.
 
4,481,022
71,200
United Technologies Corp.
 
7,358,520
     
11,839,542
Consumer Goods/Services - 2.4%
    
68,200
Fortune Brands, Inc.
 
5,263,676
Defense - 2.9%
      
61,500
General Dynamics Corp.
 
6,432,900
Energy/Oil/Gas/Coal - 5.0%
    
100,900
ChevronTexaco Corp.
 
5,298,259
37,400
ConocoPhillips
 
3,247,442
68,500
Suncor Energy, Inc.+
  
2,424,900
     
10,970,601
Energy/Oil & Gas Exploration & Products - 8.8%
    
138,700
Apache Corp.
 
7,014,059
182,700
Burlington Resources, Inc.
 
7,947,450
124,275
XTO Energy, Inc.
 
4,396,850
     
19,358,359
Finance/Banks - 1.7%
    
60,600
Golden West Financial Corp.
 
3,722,052
Finance/Information Services - 2.9%
    
46,000
Franklin Resources, Inc.
 
3,203,900
37,500
Moody's Corp.
 
3,256,875
     
6,460,775
Financial Services - Mortgage Related - 1.1%
    
63,098
Countrywide Financial Corp.
 
2,335,257
Financial Services - Diversified - 7.4%
  

 

40,700
Ambac Financial Group, Inc.
 
3,342,691
131,100
American Express Co.
 
7,390,107
67,800
Capital One Financial Corp.
 
5,709,438
     
16,442,236
Food - 1.7%
    

 

166,100
Archer-Daniels-Midland Co.
 
3,705,691
Gaming & Lodging - 1.2%
  

 

76,300
International Game Technology
 
2,623,194
Health Care Benefits - 7.4%
  

 

100,500
UnitedHealth Group, Inc.
 
8,847,015
66,400
Wellpoint, Inc. *
  
7,636,000
     
16,483,015
Health Care Services - 3.9%
    
92,500
Caremark Rx, Inc. *
  
3,647,275
52,800
Quest Diagnostics, Inc.
  
5,045,040
     
8,692,315
Hotel/Motel - 1.4%
    
50,300
Marriott International, Inc. - Class A
 
3,167,894
Internet Retail - 1.8%
    
34,000
eBay, Inc. *
  
3,953,520
Leisure Time - 2.3%
    
84,600
Harley-Davidson, Inc.
 
5,139,450
Machinery - 3.1%
      
120,100
Danaher Corp.
 
6,894,941
Medical Products - 2.5%
    
35,800
Stryker Corp.
 
1,727,350
48,700
Zimmer Holdings, Inc. *
  
3,901,844
     
5,629,194
Medical Supplies - 1.4%
    
53,100
Becton, Dickinson & Co.
 
3,016,080
Medical Systems/Equipment - 1.1%
    
58,700
Varian Medical Systems, Inc. *
  
2,538,188
Personal Care - 1.0%
    
55,100
Avon Products, Inc.
 
2,132,370
Retail - Discount - 1.7%
    
76,100
Costco Wholesale Corp.
 
3,684,001
Retail Drug Stores - 4.5%
    
91,600
CVS Corp.
 
4,128,412
149,200
Walgreen Co.
 
5,724,804
     
9,853,216
Retail - Home Improvement - 4.1%
    
211,400
The Home Depot, Inc.
 
9,035,236
Retail - Specialty - 4.7%
    
90,400
Coach, Inc. *
  
5,098,560
158,500
Staples, Inc.
 
5,343,035
     
10,441,595
Telecommunications Equipment - 1.4%
    
73,600
QUALCOMM, Inc.
 
3,120,640
Wireless Telecommunication - 4.1%
    
172,000
America Movil SA de CV#
  
9,004,200
       
TOTAL COMMON STOCKS (Cost $173,969,109)
  
209,871,849
       
SHORT-TERM INVESTMENTS - 8.1%
    
17,978,272
Federated Cash Trust Treasury Money Market Fund
  
17,978,272
TOTAL SHORT-TERM INVESTMENTS (Cost $17,978,272)
  
17,978,272
Total Investments (Cost $191,947,381) - 103.1%
  
227,850,121
Liabilities in Excess of Other Assets - (3.1)%
  
(6,893,357)
Net Assets - 100.0%
  
$220,956,764
       
#
American Depositary Receipt
    
*
Non-income producing security.
    
+
U.S. traded security of a foreign issuer.
    
       
See accompanying Notes to Financial Statements.
    
       

 
 
     
 
 

Chase Mid-Cap Growth Fund
    
Schedule of Investments at December 31, 2004 (Unaudited)
    
       
       
SHARES
COMMON STOCKS - 95.4%
  
MARKET VALUE
       
Beverages - 3.2%
      
7,500
Constellation Brands, Inc.*
  
$348,825
Building - 2.5%
      
4,600
Florida Rock Industries, Inc.
  
273,838
Business Services - 2.4%
    
4,700
Expeditors International of Washington, Inc.
  
262,636
Computer Software & Services - 2.2%
    
5,800
Cognizant Technology Solutions Corp.*
  
245,514
Defense - 3.0%
      
4,500
L-3 Communications Holdings, Inc.
  
329,580
Electrical Instruments - 2.5%
    
5,900
Waters Corp.*
  
276,061
Electronics - 2.9%
      
2,500
Harman International Industries, Inc.
  
317,500
Energy/Oil/Gas/Coal - 6.7%
    
3,300
EOG Resources, Inc.
  
235,488
29,330
Meridian Resource Corp.*
  
177,446
9,310
Suncor Energy, Inc.+
  
329,574
     
742,508
Energy/Oil & Gas Exploration & Products - 7.3%
    
6,400
Chesapeake Energy Corp.
  
105,600
3,600
Newfield Exploration Co.*
  
212,580
4,400
Patina Oil & Gas Corp.
  
165,000
9,075
XTO Energy, Inc.
 
321,074
     
804,254
Finance/Banks - 8.5%
    
2,700
City National Corp.
  
190,755
6,600
East West Bancorp, Inc.
  
276,936
4,940
Golden West Financial Corp.
 
303,415
2,900
Wintrust Financial Corp.
  
165,184
     
936,290
Financial Services - Mortgage Related - 1.1%
    
3,348
Countrywide Financial Corp.
 
123,909
Financial Services - Diversified - 2.5%
    
5,400
Eaton Vance Corp.
  
281,610
Gaming & Lodging - 5.8%
    
3,200
Harrah's Entertainment, Inc.
  
214,048
7,000
Penn National Gaming, Inc.*
  
423,850
     
637,898
Health Care Benefits - 3.6%
    
7,550
Coventry Health Care, Inc.*
  
400,754
Leisure Time - 2.9%
    
10,200
SCP Pool Corp.
  
325,380
Machinery - 7.3%
      
9,450
Graco, Inc.
  
352,958
6,550
Oshkosh Truck Corp.
  
447,889
     
800,847
Medical Products - 4.5%
    
3,600
Cooper Companies, Inc.
  
254,124
3,100
Zimmer Holdings, Inc.*
  
248,372
     
502,496
Medical Systems/Equipment - 1.8%
    
4,580
Varian Medical Systems, Inc.*
  
198,039
Retail - Apparel - 5.9%
    
7,400
Aeropostale, Inc.*
  
217,782
9,700
Urban Outfitters, Inc.*
  
430,680
     
648,462
Retail - Specialty - 9.1%
    
9,250
Coach, Inc.*
  
521,700
7,300
Dick's Sporting Goods, Inc.*
  
256,595
6,650
Staples, Inc.
 
224,171
     
1,002,466
Shipping - 3.3%
    
2,400
Overseas Shipholding Group, Inc.
  
132,480
5,400
Teekay Shipping Corp.+
  
227,394
     
359,874
Trucking - 2.7%
      
13,350
Heartland Express, Inc.
  
299,974
Utilities Electric/Gas - 3.7%
    
6,850
Energen Corp.
  
403,808
       
TOTAL COMMON STOCKS (Cost $8,433,777)
  
10,522,523
       
SHORT-TERM INVESTMENTS - 7.2%
    
796,523
Federated Cash Trust Treasury Money Market Fund
  
796,523
TOTAL SHORT-TERM INVESTMENTS (Cost $796,523)
  
796,523
Total Investments (Cost $9,230,300) - 102.6%
  
11,319,046
Liabilities in Excess of Other Assets - (2.6)%
  
(289,497)
Net Assets - 100.0%
  
$11,029,549
       
*
Non-income producing security.
    
+
U.S. traded security of a foreign issuer.
    
       
See accompanying Notes to Financial Statements. 
    
       
       


 
     
 

For certain federal income tax information, as well as information regarding securities valuation and other significant accounting policies, please refer to the footnotes to the Funds’ most recent annual report.

 
Item 2. Controls and Procedures.
 
(a)   The Registrant’s President/Chief Executive Officer and Treasurer/Chief Financial Officer have concluded that the Registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “1940 Act”)) are effective as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 15d-15(b) under the Securities Exchange Act of 1934, as amended.

(b)   There were no changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the Registrant's last fiscal half-year that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control over financial reporting.


 
Item 3. Exhibits.
 
Separate certifications for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Act (17 CFR 270.30a-2(a)). Filed herewith.
 

 

 
     
 



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


(Registrant) Advisors Series Trust                                                              

By (Signature and Title)_/s/ Eric M. Banhazl                      
Eric M. Banhazl, President

Date 2/25/05                                                                                                



Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)* _/s/ Eric M. Banhazl                   
Eric M. Banhazl, President

Date 2/25/05                                                                                                

By (Signature and Title)* _/s/ Douglas G. Hess              
Douglas G. Hess, Treasurer

Date 2/28/05                                                                                             

* Print the name and title of each signing officer under his or her signature.