AQR Diversifying Strategies Fund Class I

NPORT-P false 0001437249 XXXXXXXX S000039947 C000123869 Valued Advisers Trust 811-22208 0001437249 549300W12YUPFS7QVT86 225 Pictoria Drive Suite 450 Cincinnati 45246 513-587-3400 SMI MULTI-STRATEGY FUND S000039947 54930025EQMP6DCX0571 2026-10-31 2026-01-31 N 61647317.20 4106025.69 57541291.51 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0 N AQR Funds 549300V0TAB4ICSX2404 AQR Diversifying Strategies Fund Class I 00191K351 37916.38000000 NS USD 541445.95000000 0.940969407865 Long EC RF US N 1 N N N Aegis Value Fd Inc 549300XSJEOGN3MJXQ62 Aegis Value Fund, Inc. Class I 00761L102 46440.16000000 NS USD 2968455.60000000 5.158826856508 Long EC RF US N 1 N N N Aim International Mutual Funds (Invesco International Mutual Funds) 549300CGSTEJJ7H1ET84 Invesco International Small-Mid Company Fund Class Y 00900W530 100.00000000 NS USD 3597.00000000 0.006251163131 Long EC RF US N 1 N N N BNY Mellon ETF Trust 549300E2C8EQYJ7B0H81 BNY Mellon US Large Cap Core Equity ETF 09661T107 28570.00000000 NS USD 3779811.00000000 6.568867157497 Long EC RF US N 1 N N N Cambria ETF Trust 254900AGNELEKCKAOK33 Cambria Global Value ETF 132061409 73430.00000000 NS USD 2554629.70000000 4.439646092330 Long EC RF US N 1 N N N ETF Opportunities Trust 549300FWST5041130Z58 SMI 3Fourteen REAL Asset Allocation ETF 26923N397 133380.00000000 NS USD 3767891.63000000 6.548152693696 Long EC RF US N 1 N N N ETF Opportunities Trust 549300FWST5041130Z58 SMI 3Fourteen Full-Cycle Trend ETF 26923N512 233000.00000000 NS USD 6206281.20000000 10.78578710545 Long EC RF US N 1 N N N Fidelity Colchester Street Trust 549300SHPEJB1OPRCV46 Fidelity Investments Money Market Funds - Government Portfolio 31607A703 136748.63000000 PA USD 136748.63000000 0.237653042556 Long STIV RF US N 1 N N N First Trust Exchange-Traded AlphaDEX Fund II 549300HROUDUV84QFV64 First Trust Developed Markets ex-US AlphaDEX Fund USD Class 33737J174 28330.00000000 NS USD 2473767.10000000 4.299116399864 Long EC RF US N 1 N N N Franklin Templeton ETF Trust 549300UHXVPT5S43XV04 Franklin FTSE Europe ETF 35473P652 5660.00000000 NS USD 216947.80000000 0.377029771676 Long EC RF US N 1 N N N Franklin Templeton ETF Trust 549300UHXVPT5S43XV04 Franklin FTSE Japan ETF 35473P744 8910.00000000 NS USD 325927.80000000 0.566424199817 Long EC RF US N 1 N N N Grayscale Bitcoin Mini Trust ETF 529900WHTNX5LZCNWB27 Grayscale Bitcoin Mini Trust ETF 389930207 5880.00000000 NS USD 218030.40000000 0.378911203204 Long EC RF US N 1 N N N Invesco QQQ Trust, Series 1 549300VY6FEJBCIMET58 Invesco QQQ Trust Series 1 46090E103 3640.00000000 NS USD 2263606.80000000 3.933882505238 Long EC RF US N 1 N N N iShares Trust 5493000860OXIC4B5K91 iShares iBoxx $ Investment Grade Corporate Bond ETF 464287242 5910.00000000 NS USD 653468.70000000 1.135651777795 Long EC RF US N 1 N N N iShares Trust 5493000860OXIC4B5K91 iShares MSCI EAFE ETF 464287465 21130.00000000 NS USD 2128636.20000000 3.699319469793 Long EC RF US N 1 N N N iShares Trust 5493000860OXIC4B5K91 iShares Russell 1000 Value ETF 464287598 29340.00000000 NS USD 6450692.40000000 11.21054503769 Long EC RF US N 1 N N N iShares Trust 5493000860OXIC4B5K91 iShares Russell 2000 Value ETF 464287630 11730.00000000 NS USD 2274212.40000000 3.952313791227 Long EC RF US N 1 N N N iShares Trust 5493000860OXIC4B5K91 iShares J.P. Morgan USD Emerging Markets Bond ETF 464288281 4510.00000000 NS USD 435575.80000000 0.756979533426 Long EC RF US N 1 N N N iShares Trust 5493000860OXIC4B5K91 iShares Core U.S. REIT ETF 464288521 1860.00000000 NS USD 109126.20000000 0.189648506552 Long EC RF US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 iShares MSCI Emerging Markets ex China ETF 46434G764 33100.00000000 NS USD 2642042.00000000 4.591558393403 Long EC RF US N 1 N N N Lord Abbett Develo N/A Lord Abbett Developing Growth Fund, Inc. Class I 544006505 100.00000000 NS USD 3522.00000000 0.006120821948 Long EC RF US N 1 N N N Profunds 549300HM4OOUYSE5DP77 Semiconductor UltraSector ProFund Investor Class 743185449 22549.28000000 NS USD 1360172.69000000 2.363820231187 Long EC RF US N 1 N N N ProShares Trust 5493005D9DS7C1P5AM59 ProShares S&P 500 Dividend Aristocrats ETF 74348A467 3990.00000000 NS USD 438780.30000000 0.762548577700 Long EC RF US N 1 N N N SPDR Series Trust 5493004JVD6CQEEJSS37 SPDR S&P Metals & Mining ETF 78464A755 18160.00000000 NS USD 2155955.20000000 3.746796680128 Long EC RF US N 1 N N N SPDR Series Trust 5493004JVD6CQEEJSS37 SPDR Bloomberg 1-3 Month T-Bill ETF USD Class 78468R663 1190.00000000 NS USD 109063.50000000 0.189539541324 Long EC RF US N 1 N N N Schwab Strategic Trust 549300NAZEQOIX80E226 Schwab High Yield Bond ETF 808524631 32830.00000000 NS USD 873934.60000000 1.518795593679 Long EC RF US N 1 N N N Schwab Strategic Trust 549300NAZEQOIX80E226 Schwab Long-Term U.S. Treasury ETF 808524680 20590.00000000 NS USD 652085.30000000 1.133247591230 Long EC RF US N 1 N N N Schwab Strategic Trust 549300NAZEQOIX80E226 Schwab International Equity ETF 808524805 9790.00000000 NS USD 249057.60000000 0.432832829198 Long EC RF US N 1 N N N Schwab Strategic Trust 549300NAZEQOIX80E226 Schwab US TIPS ETF 808524870 12280.00000000 NS USD 327139.20000000 0.568529470603 Long EC RF US N 1 N N N Select Sector Spdr Trust 5493008JJKIPMEX3CO91 Materials Select Sector SPDR Fund 81369Y100 1150.00000000 NS USD 56660.50000000 0.098469287902 Long EC RF US N 1 N N N Select Sector Spdr Trust 5493008JJKIPMEX3CO91 Health Care Select Sector SPDR Fund 81369Y209 310.00000000 NS USD 47969.40000000 0.083365177842 Long EC RF US N 1 N N N Select Sector Spdr Trust 5493008JJKIPMEX3CO91 Consumer Staples Select Sector SPDR Fund 81369Y308 320.00000000 NS USD 26723.20000000 0.046441779978 Long EC RF US N 1 N N N Select Sector Spdr Trust 5493008JJKIPMEX3CO91 Consumer Discretionary Select Sector SPDR Fund 81369Y407 2700.00000000 NS USD 327159.00000000 0.568563880675 Long EC RF US N 1 N N N Select Sector Spdr Trust 5493008JJKIPMEX3CO91 Energy Select Sector SPDR Fund 81369Y506 310.00000000 NS USD 15825.50000000 0.027502858529 Long EC RF US N 1 N N N Select Sector Spdr Trust 5493008JJKIPMEX3CO91 Financial Select Sector SPDR Fund 81369Y605 10530.00000000 NS USD 562723.20000000 0.977946766978 Long EC RF US N 1 N N N Select Sector Spdr Trust 5493008JJKIPMEX3CO91 Industrial Select Sector SPDR Fund 81369Y704 1510.00000000 NS USD 249814.40000000 0.434148058627 Long EC RF US N 1 N N N Select Sector Spdr Trust 5493008JJKIPMEX3CO91 Technology Select Sector SPDR Fund 81369Y803 6870.00000000 NS USD 988455.60000000 1.717819628411 Long EC RF US N 1 N N N Select Sector Spdr Trust 5493008JJKIPMEX3CO91 Communication Services Select Sector SPDR Fund 81369Y852 4080.00000000 NS USD 489926.40000000 0.851434486684 Long EC RF US N 1 N N N Select Sector Spdr Trust 5493008JJKIPMEX3CO91 Real Estate Select Sector SPDR Fund 81369Y860 210.00000000 NS USD 8700.30000000 0.015120098579 Long EC RF US N 1 N N N Select Sector Spdr Trust 5493008JJKIPMEX3CO91 Utilities Select Sector SPDR Fund 81369Y886 280.00000000 NS USD 12110.00000000 0.021045756329 Long EC RF US N 1 N N N Sprott Asset Management LP 5493007M22KSTRPCA127 Sprott Physical Gold Trust USD Class 85207H104 140670.00000000 NS USD 5128828.20000000 8.913300458521 Long EC RF CA N 1 N N N USCF ETF Trust 549300MH2TWHBRNV2U91 USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund 90290T809 112310.00000000 NS USD 2693193.80000000 4.680454208317 Long EC RF US N 1 N N N Vanguard World Fund 549300MP6BT0L4Q61L10 Vanguard Energy ETF 92204A306 1520.00000000 NS USD 218560.80000000 0.379832976049 Long EC RF US N 1 N N N Vanguard Index Funds 549300G6KNDK44WUN559 Vanguard Small-Cap ETF 922908751 1600.00000000 NS USD 431824.00000000 0.750459346094 Long EC RF US N 1 N N N Wasatch Funds Trust 549300B3CBVFTLZDYP46 Wasatch International Growth Fund Investor Class 936793405 100.00000000 NS USD 1460.00000000 0.002537308360 Long EC RF US N 1 N N N 2026-01-31 Valued Advisers Trust Zachary Richmond Zachary Richmond Treasurer XXXX