<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
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    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001027596</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000052294</seriesId>
        <classId>C000164421</classId>
        <classId>C000164420</classId>
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    </filerInfo>
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      <regFileNumber>811-07959</regFileNumber>
      <regCik>0001027596</regCik>
      <regLei>2549003Z0J6URS6I4Y63</regLei>
      <regStreet1>615 East Michigan Street</regStreet1>
      <regCity>Milwaukee</regCity>
      <regStateConditional regCountry="US" regState="US-WI"/>
      <regZipOrPostalCode>53202</regZipOrPostalCode>
      <regPhone>626-914-7363</regPhone>
      <seriesName>Huber Mid Cap Value Fund</seriesName>
      <seriesId>S000052294</seriesId>
      <seriesLei>549300HYGP38RGBSDQ13</seriesLei>
      <repPdEnd>2022-10-31</repPdEnd>
      <repPdDate>2022-01-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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      <totLiabs>106923.900000000000</totLiabs>
      <netAssets>7399527.430000000000</netAssets>
      <assetsAttrMiscSec>0.000000000000</assetsAttrMiscSec>
      <assetsInvested>0.000000000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.000000000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.000000000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.000000000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.000000000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.000000000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.000000000000</amtPayAftOneYrCtrldComp>
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      <liquidPref>0.000000000000</liquidPref>
      <cshNotRptdInCorD>0.010000000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000164420" rtn1="-3.720000000000" rtn2="4.940000000000" rtn3="-2.360000000000"/>
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        <othMon1 netRealizedGain="-734.540000000000" netUnrealizedAppr="-285305.000000000000"/>
        <othMon2 netRealizedGain="-66359.170000000000" netUnrealizedAppr="419068.300000000000"/>
        <othMon3 netRealizedGain="-16678.640000000000" netUnrealizedAppr="-167467.890000000000"/>
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        <name>Atlantic Capital Bancshares In</name>
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        <name>BP PLC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Black Hills Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CNO Financial Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Carrier Global Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Carter's Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Citigroup Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Comtech Telecommunications Cor</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Conagra Brands Inc</name>
        <lei>54930035UDEIH090K650</lei>
        <title>Conagra Brands Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>CONMED Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Devon Energy Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Enova International Inc</name>
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        <title>Enova International Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Entergy Corp</name>
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        <name>Evergy Inc</name>
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        <title>Evergy Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>FedEx Corp</name>
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        <title>FedEx Corp</title>
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        <name>F5 Inc</name>
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        <title>F5 Networks Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>First American Treasury Obliga</name>
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        <name>First American Government Obli</name>
        <lei>549300R5MYM6VZF1RM44</lei>
        <title>First American Government Obligations Fund</title>
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        <fairValLevel>1</fairValLevel>
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        <name>First Citizens BancShares Inc/</name>
        <lei>549300N3Z00ZHE2XC526</lei>
        <title>First Citizens BancShares Inc/NC</title>
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          <ticker value="FCNCA"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Horizon Corp</name>
        <lei>TF3RXI1ZB1TQ30H9JV10</lei>
        <title>First Horizon National Corp</title>
        <cusip>320517105</cusip>
        <identifiers>
          <isin value="US3205171057"/>
          <ticker value="FHN"/>
        </identifiers>
        <balance>23417.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>400664.870000000000</valUSD>
        <pctVal>5.4147359246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gap Inc/The</name>
        <lei>T2ZG1WRWZ4BUCMQL9224</lei>
        <title>Gap Inc/The</title>
        <cusip>364760108</cusip>
        <identifiers>
          <isin value="US3647601083"/>
          <ticker value="GPS"/>
        </identifiers>
        <balance>6600.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>119262.000000000000</valUSD>
        <pctVal>1.6117515764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Granite Real Estate Investment</name>
        <lei>549300A6I7CLE0ZC0396</lei>
        <title>Granite Real Estate Investment Trust</title>
        <cusip>387437114</cusip>
        <identifiers>
          <isin value="CA3874371147"/>
          <ticker value="GRP/U"/>
        </identifiers>
        <balance>1100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>83787.000000000000</valUSD>
        <pctVal>1.1323290682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Innospec Inc</name>
        <lei>213800SQBACNY5IWJO68</lei>
        <title>Innospec Inc</title>
        <cusip>45768S105</cusip>
        <identifiers>
          <isin value="US45768S1050"/>
          <ticker value="IOSP"/>
        </identifiers>
        <balance>3388.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>314948.480000000000</valUSD>
        <pctVal>4.2563323534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KBR Inc</name>
        <lei>254900OFQDXZRKRCV808</lei>
        <title>KBR Inc</title>
        <cusip>48242W106</cusip>
        <identifiers>
          <isin value="US48242W1062"/>
          <ticker value="KBR"/>
        </identifiers>
        <balance>18185.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>789229.000000000000</valUSD>
        <pctVal>10.6659378922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lamb Weston Holdings Inc</name>
        <lei>5493005SMYID1D2OY946</lei>
        <title>Lamb Weston Holdings Inc</title>
        <cusip>513272104</cusip>
        <identifiers>
          <isin value="US5132721045"/>
          <ticker value="LW"/>
        </identifiers>
        <balance>266.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17079.860000000000</valUSD>
        <pctVal>0.2308236595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lions Gate Entertainment Corp</name>
        <lei>5493000JSMHPHZURLM72</lei>
        <title>Lions Gate Entertainment Corp</title>
        <cusip>535919500</cusip>
        <identifiers>
          <isin value="CA5359195008"/>
          <ticker value="LGF/B"/>
        </identifiers>
        <balance>19606.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>285855.480000000000</valUSD>
        <pctVal>3.8631585963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Miller Industries Inc/TN</name>
        <lei>549300F1O74SPUJ7UU94</lei>
        <title>Miller Industries Inc/TN</title>
        <cusip>600551204</cusip>
        <identifiers>
          <isin value="US6005512040"/>
          <ticker value="MLR"/>
        </identifiers>
        <balance>1594.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50163.180000000000</valUSD>
        <pctVal>0.6779241036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Portland General Electric Co</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>Portland General Electric Co</title>
        <cusip>736508847</cusip>
        <identifiers>
          <isin value="US7365088472"/>
          <ticker value="POR"/>
        </identifiers>
        <balance>2127.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>111752.580000000000</valUSD>
        <pctVal>1.5102664468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prudential Financial Inc</name>
        <lei>5PRBRS5FEH7NREC8OR45</lei>
        <title>Prudential Financial Inc</title>
        <cusip>744320102</cusip>
        <identifiers>
          <isin value="US7443201022"/>
          <ticker value="PRU"/>
        </identifiers>
        <balance>2700.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>301239.000000000000</valUSD>
        <pctVal>4.0710572783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Regions Financial Corp</name>
        <lei>CW05CS5KW59QTC0DG824</lei>
        <title>Regions Financial Corp</title>
        <cusip>7591EP100</cusip>
        <identifiers>
          <isin value="US7591EP1005"/>
          <ticker value="RF"/>
        </identifiers>
        <balance>3200.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>73408.000000000000</valUSD>
        <pctVal>0.9920633540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rent-A-Center Inc/TX</name>
        <lei>529900QUHE15UQNCCJ63</lei>
        <title>Rent-A-Center Inc/TX</title>
        <cusip>76009N100</cusip>
        <identifiers>
          <isin value="US76009N1000"/>
          <ticker value="RCII"/>
        </identifiers>
        <balance>8800.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>370920.000000000000</valUSD>
        <pctVal>5.0127525509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Science Applications Internati</name>
        <lei>549300LZPNZIXQGZPZ48</lei>
        <title>Science Applications International Corp</title>
        <cusip>808625107</cusip>
        <identifiers>
          <isin value="US8086251076"/>
          <ticker value="SAIC"/>
        </identifiers>
        <balance>2200.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>180466.000000000000</valUSD>
        <pctVal>2.4388854789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Select Medical Holdings Corp</name>
        <lei>N/A</lei>
        <title>Select Medical Holdings Corp</title>
        <cusip>81619Q105</cusip>
        <identifiers>
          <isin value="US81619Q1058"/>
          <ticker value="SEM"/>
        </identifiers>
        <balance>2300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>53429.000000000000</valUSD>
        <pctVal>0.7220596248</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tenet Healthcare Corp</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp</title>
        <cusip>88033G407</cusip>
        <identifiers>
          <isin value="US88033G4073"/>
          <ticker value="THC"/>
        </identifiers>
        <balance>1500.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>111180.000000000000</valUSD>
        <pctVal>1.5025283851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TETRA Technologies Inc</name>
        <lei>549300T5W131705EK832</lei>
        <title>TETRA Technologies Inc</title>
        <cusip>88162F105</cusip>
        <identifiers>
          <isin value="US88162F1057"/>
          <ticker value="TTI"/>
        </identifiers>
        <balance>142924.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>418767.320000000000</valUSD>
        <pctVal>5.6593792504</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Truist Financial Corp</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corp</title>
        <cusip>89832Q109</cusip>
        <identifiers>
          <isin value="US89832Q1094"/>
          <ticker value="TFC"/>
        </identifiers>
        <balance>6000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>376920.000000000000</valUSD>
        <pctVal>5.0938388102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tyson Foods Inc</name>
        <lei>WD6L6041MNRW1JE49D58</lei>
        <title>Tyson Foods Inc</title>
        <cusip>902494103</cusip>
        <identifiers>
          <isin value="US9024941034"/>
          <ticker value="TSN"/>
        </identifiers>
        <balance>900.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>81801.000000000000</valUSD>
        <pctVal>1.1054895164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VeriSign Inc</name>
        <lei>LMPL4N8ZOJRMF0KOF759</lei>
        <title>VeriSign Inc</title>
        <cusip>92343E102</cusip>
        <identifiers>
          <isin value="US92343E1029"/>
          <ticker value="VRSN"/>
        </identifiers>
        <balance>400.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>86872.000000000000</valUSD>
        <pctVal>1.1740209199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Virtus Investment Partners Inc</name>
        <lei>549300HWF93HB8BDM648</lei>
        <title>Virtus Investment Partners Inc</title>
        <cusip>92828Q109</cusip>
        <identifiers>
          <isin value="US92828Q1094"/>
          <ticker value="VRTS"/>
        </identifiers>
        <balance>309.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>80859.120000000000</valUSD>
        <pctVal>1.0927605954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sprott Physical Uranium Trust</name>
        <lei>N/A</lei>
        <title>Sprott Physical Uranium Trust</title>
        <cusip>85210A104</cusip>
        <identifiers>
          <isin value="CA85210A1049"/>
          <ticker value="U-U"/>
        </identifiers>
        <balance>8550.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.271150000000"/>
        <valUSD>94839.320000000000</valUSD>
        <pctVal>1.2816942825</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Golar LNG Ltd</name>
        <lei>213800C2VSFZG3EZLO34</lei>
        <title>Golar LNG Ltd</title>
        <cusip>G9456A100</cusip>
        <identifiers>
          <isin value="BMG9456A1009"/>
          <ticker value="GLNG"/>
        </identifiers>
        <balance>27339.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>392314.650000000000</valUSD>
        <pctVal>5.3018879072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="The monthly total returns shown in B.5.a. do not reflect the deduction of sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-02-22</ncom:dateSigned>
      <ncom:nameOfApplicant>Advisors Series Trust</ncom:nameOfApplicant>
      <ncom:signature>/s/ Kevin Hayden</ncom:signature>
      <ncom:signerName>Advisors Series Trust</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
