NPORT-EX 2 slcv3.htm NPORT-EX
Huber Select Large Cap Value Fund
  
SCHEDULE OF INVESTMENTS at January 31, 2022 (Unaudited)
  
   
Shares
  
COMMON STOCKS - 99.41%
  
Value
  
   
Aerospace & Defense - 6.56%
      
 
8,593
  
Northrop Grumman Corp.
  
$
3,178,550
  
               
     
Banking - 12.80%
        
 
37,246
  
Bank of America Corp.
    
1,718,530
  
 
21,968
  
Citigroup, Inc.
    
1,430,556
  
 
6,526
  
First Horizon Corp.
    
111,660
  
 
18,233
  
JPMorgan Chase & Co.
    
2,709,424
  
 
10,000
  
Regions Financial Corp.
    
229,400
  
           
6,199,570
  
     
Biotech & Pharmaceuticals - 14.39%
        
 
20,437
  
Eli Lilly & Co.
    
5,015,035
  
 
17,793
  
Merck & Co., Inc.
    
1,449,774
  
 
9,530
  
Pfizer, Inc.
    
502,136
  
           
6,966,945
  
     
Chemicals - 0.19%
        
 
1,000
  
Innospec, Inc.
    
92,960
  
               
     
Consumer Services - 4.20%
        
 
48,200
  
Rent-A-Center, Inc.
    
2,031,630
  
               
     
Electric Utilities - 2.51%
        
 
20,933
  
Exelon Corp.
    
1,213,067
  
               
     
Electrical Equipment - 0.99%
        
 
3,357
  
TE Connectivity Ltd. - ADR
    
480,085
  
               
     
Entertainment Content - 2.76%
        
 
91,752
  
Lions Gate Entertainment Corp. - Class B (a) (b)
    
1,337,744
  
               
     
 Food - 2.15%
        
 
55
  
ConAgra Foods, Inc.
    
1,912
  
 
11,458
  
Tyson Foods, Inc. - Class A
    
1,041,418
  
           
1,043,330
  
     
Home Construction - 0.93%
        
 
5,560
  
Lennar Corp. - Class B
    
448,859
  
               
     
Institutional Financial Services - 0.86%
        
 
500
  
Goldman Sachs Group, Inc.
    
177,340
  
 
6,500
  
Jefferies Financial Group, Inc.
    
238,160
  
           
415,500
  
     
Insurance - 4.01%
        
 
74,421
  
CNO Financial Group, Inc.
    
1,856,060
  
 
1,269
  
Voya Financial, Inc.
    
86,241
  
           
1,942,301
  
     
Oil & Gas Producers - 9.10%
        
 
8,500
  
BP plc - ADR
    
262,820
  
 
3,500
  
Devon Energy Corp.
    
176,995
  
 
149,900
   Golar LNG Ltd. (a)    
2,151,065
  
 
35,300
  
Shell plc - ADR
    
1,814,420
  
           
4,405,300
  
     
Retail - Consumer Staples - 0.02%
        
 
55
  
Wal-Mart Stores, Inc.
    
7,689
  
               
     
Retail - Discretionary - 5.67%
        
 
42,439
  
Gap, Inc.
    
766,873
  
 
5,398
  
Home Depot, Inc.
    
1,980,958
  
           
2,747,831
  
     
Software - 17.94%
        
 
27,928
  
Microsoft Corp.
    
8,685,049
  
               
     
Specialty Finance - 1.13%
        
 
13,600
  
Enova International, Inc. (a)
    
547,808
  
               
     
Technology Hardware - 1.47%
        
 
781
  
Comtech Telecommunications Corp.
    
15,877
  
 
16,471
  
Hewlett Packard Enterprise Co.
    
268,972
  
 
11,623
  
HP, Inc.
    
426,913
  
           
711,762
  
     
Technology Services - 10.74%
        
 
99,777
  
KBR, Inc.
    
4,330,322
  
 
2,259
  
Mastercard, Inc. - Class A
    
872,833
  
           
5,203,155
  
     
Tobacco & Cannabis - 0.48%
        
 
2,259
  
Philip Morris International, Inc.
    
232,338
  
               
     
Transportation & Logistics - 0.51%
        
 
1,000
  
FedEx Corp.
    
245,860
  
     
TOTAL COMMON STOCKS (Cost $20,671,818)
    
48,137,333
  
               
     
MONEY MARKET FUNDS - 0.11%
        
 
25,448
  
First American Government Obligations Fund, Institutional Class, 0.03% (c)
    
25,448
  
 
25,447
  
First American Treasury Obligations Fund, Institutional Class, 0.01% (c)
    
25,447
  
     
TOTAL MONEY MARKET FUNDS (Cost $50,895)
    
50,895
  
               
     
Total Investments in Securities (Cost $20,722,713) - 99.52%
    
48,188,228
  
     
Other Assets in Excess of Liabilities - 0.48%
    
234,302
  
     
NET ASSETS - 100.00%
  
$
48,422,530
  

ADR
American Depository Receipt
    
(a)
Non-income producing security.
    
(b)
Non-voting shares.
    
(c)
Rate shown is the 7-day annualized yield as of January 31, 2022.
    
Huber Select Large Cap Value Fund
                  
Summary of Fair Value Disclosure at January 31, 2022 (Unaudited)
              
                       
The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. Accounting principles generally accepted in the United
    
States of America ("U.S. GAAP") establish 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.
      
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 speeds, credit risk, yield curves,
default rates and similar data.
                    
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, 2022:
          
                       

Huber Select Large Cap Value Fund
  
Level 1
    
Level 2
    
Level 3
    
Total
  
                         
Common Stocks
                        
Communications
  
$
1,337,744
    
$
-
    
$
-
    
$
1,337,744
  
Consumer Discretionary
    
5,228,320
      
-
      
-
      
5,228,320
  
Consumer Staples
    
1,283,357
      
-
      
-
      
1,283,357
  
Energy
    
4,405,300
      
-
      
-
      
4,405,300
  
Financials
    
9,105,179
      
-
      
-
      
9,105,179
  
Health Care
    
6,966,945
      
-
      
-
      
6,966,945
  
Industrials
    
3,904,495
      
-
      
-
      
3,904,495
  
Materials
    
92,960
      
-
      
-
      
92,960
  
Technology
    
14,599,966
      
-
      
-
      
14,599,966
  
Utilities
    
1,213,067
      
-
      
-
      
1,213,067
  
Total Common Stocks
    
48,137,333
      
-
      
-
      
48,137,333
  
Money Market Funds
    
50,895
      
-
      
-
      
50,895
  
Total Investments in Securities
  
$
48,188,228
    
$
-
    
$
-
    
$
48,188,228
  

Refer to the Fund’s schedule of investments for a detailed break-out of common stocks by industry classification.