NPORT-P false 0001437249 XXXXXXXX S000029069 C000089323 Valued Advisers Trust 811-22208 0001437249 549300W12YUPFS7QVT86 225 Pictoria Drive Suite 450 Cincinnati 45246 513-587-3400 LS OPPORTUNITY FUND S000029069 549300QQ64C1N4236K79 2025-05-31 2024-11-30 N 279244468.90 70351165.77 208893303.13 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 69730567.47 N LS OPPORTUNITY DRP LS OPPORTUNITY DRP Post Holdings Inc. JM1I5YUAURL6DC8N1468 737446104 -31641.00000000 NS USD -3812107.68000000 -1.82490660202 Short EC CORP US N 1 N N N Carrier Global Corporation 549300JE3W6CWY2NAN77 14448C104 62880.00000000 NS USD 4865025.60000000 2.328952401586 Long EC CORP US N 1 N N N Eaton Corporation PLC 549300VDIGTMXUNT7H71 G29183103 20157.00000000 NS USD 7567340.94000000 3.622586663436 Long EC CORP IE N 1 N N N Prosperity Bancshares Inc N/A 743606105 45891.00000000 NS USD 3842453.43000000 1.839433515783 Long EC CORP US N 1 N N N Home Depot Inc. QEKMOTMBBKA8I816DO57 437076102 8252.00000000 NS USD 3541180.76000000 1.695210285317 Long EC CORP US N 1 N N N Howard Hughes Holdings Inc. N/A 44267T102 29915.00000000 NS USD 2594827.10000000 1.242178213049 Long EC CORP US N 1 N N N Merck & Co., Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 43304.00000000 NS USD 4401418.56000000 2.107017551089 Long EC CORP US N 1 N N N Markel Group Inc 549300SCNO12JLWIK605 570535104 -1892.00000000 NS USD -3373284.64000000 -1.61483618165 Short EC CORP US N 1 N N N Agnico Eagle Mines Ltd YGE0EUBRF7IJOB3QRX76 008474108 19814.00000000 NS USD 1672697.88000000 0.800742702105 Long EC CORP CA N 1 N N N Capitol Fed Fin In N/A 14057J101 -224868.00000000 NS USD -1502118.24000000 -0.71908396176 Short EC CORP US N 1 N N N Edgewell Personal Care Co 549300CY8QZDL4Z3RU59 28035Q102 -28675.00000000 NS USD -1048931.50000000 -0.50213744733 Short EC CORP US N 1 N N N RTX Corp. I07WOS4YJ0N7YRFE7309 75513E101 26294.00000000 NS USD 3203398.02000000 1.533509199194 Long EC CORP US N 1 N N N Alphabet Inc. 5493006MHB84DD0ZWV18 02079K305 12436.00000000 NS USD 2101062.20000000 1.005806394230 Long EC CORP US N 1 N N N Gallagher Aj &Co 54930049QLLMPART6V29 363576109 16296.00000000 NS USD 5088263.04000000 2.435819130512 Long EC CORP US N 1 N N N Ametek, Inc. 549300WZDEF9KKE40E98 031100100 12018.00000000 NS USD 2336058.84000000 1.118302408453 Long EC CORP US N 1 N N N Murphy Oil Corporation QBKYQD0ODE7DC7PDIN91 626717102 52954.00000000 NS USD 1719416.38000000 0.823107468854 Long EC CORP US N 1 N N N Johnson Controls International PLC 549300XQ6S1GYKGBL205 G51502105 -12460.00000000 NS USD -1044895.60000000 -0.50020540838 Short EC CORP IE N 1 N N N Brinker International, Inc. 52990067JY6PBGJNTG76 109641100 -19381.00000000 NS USD -2563524.87000000 -1.22719341960 Short EC CORP US N 1 N N N Texas Roadhouse Inc 5299002Y1CNRPDGXTQ75 882681109 11637.00000000 NS USD 2388726.99000000 1.143515351716 Long EC CORP US N 1 N N N Leidos Holdings Inc 549300IUTGTP6EJP8124 525327102 32767.00000000 NS USD 5419661.80000000 2.594464120578 Long EC CORP US N 1 N N N Aptiv PLC 254900HTTDFIJZ32GX53 G6095L109 37771.00000000 NS USD 2097423.63000000 1.004064562421 Long EC CORP JE N 1 N N N SouthState Corp. 549300JZUANXM0YQ4W53 840441109 37228.00000000 NS USD 4120767.32000000 1.972666073184 Long EC CORP US N 1 N N N Ameris Bancorp PBJHNT51T5V6G5UQFV42 03076K108 34029.00000000 NS USD 2391558.12000000 1.144870651268 Long EC CORP US N 1 N N N Cboe Global Markets Inc 529900RLNSGA90UPEH54 12503M108 12322.00000000 NS USD 2659703.70000000 1.273235503555 Long EC CORP US N 1 N N N General Dynamics Corporation 9C1X8XOOTYY2FNYTVH06 369550108 6659.00000000 NS USD 1891222.59000000 0.905353384556 Long EC CORP US N 1 N N N THE OPTIONS CLEARING CORPORATION 549300CII6SLYGKNHA04 N/A -44.00000000 NS USD -74140.00000000 -0.03549180317 Short DE CORP US N 2 MORGAN STANLEY & CO. INC. N/A Call Written Texas Roadhouse, Inc. Texas Roadhouse, Inc. 100.00000000 200.00000000 USD 2025-04-17 XXXX -15872.28000000 N N N THE OPTIONS CLEARING CORPORATION 549300CII6SLYGKNHA04 N/A 292.00000000 NS USD 15330.00000000 0.007338674706 Long DE CORP US N 2 MORGAN STANLEY & CO. INC. N/A Put Purchased Wells Fargo Co. Wells Fargo Co. 100.00000000 53.00000000 USD 2025-06-20 XXXX -86005.14000000 N N N PJT Partners Inc. 549300W3WBEQUBKYTN87 69343T107 20575.00000000 NS USD 3443432.00000000 1.648416655012 Long EC CORP US N 1 N N N Vanguard World Fund 549300MP6BT0L4Q61L10 92204A702 -5009.00000000 NS USD -3116850.25000000 -1.49207763164 Short EC RF US N 1 N N N Primerica, Inc. 254900621R686KJR7022 74164M108 13463.00000000 NS USD 4075923.25000000 1.951198620983 Long EC CORP US N 1 N N N Paychex Inc 529900K900DW6SUBM174 704326107 13235.00000000 NS USD 1935883.45000000 0.926733131696 Long EC CORP US N 1 N N N Trimble Inc 549300E2MI7NSZFQWS19 896239100 56835.00000000 NS USD 4147249.95000000 1.985343660068 Long EC CORP US N 1 N N N Abbott Laboratories HQD377W2YR662HK5JX27 002824100 54429.00000000 NS USD 6464532.33000000 3.094657527616 Long EC CORP US N 1 N N N Washington Trust Bancorp Inc. J66MZFCNJPP3PERHZW54 940610108 -25823.00000000 NS USD -959066.22000000 -0.45911774366 Short EC CORP US N 1 N N N Enterprise Financial Services Corp. 5493001XTU5DLD632129 293712105 -34684.00000000 NS USD -2101503.56000000 -1.00601767912 Short EC CORP US N 1 N N N The Cigna Group 549300VIWYMSIGT1U456 125523100 10770.00000000 NS USD 3638106.00000000 1.741609685656 Long EC CORP US N 1 N N N American International Group Inc. ODVCVCQG2BP6VHV36M30 026874784 -27610.00000000 NS USD -2122656.80000000 -1.01614401620 Short EC CORP US N 1 N N N Vanguard World Fund 549300MP6BT0L4Q61L10 92204A603 -16030.00000000 NS USD -4483591.00000000 -2.14635459003 Short EC RF US N 1 N N N Nestle SA KY37LUS27QQX7BB93L28 H57312649 31208.00000000 NS 2709118.79000000 1.296891163769 Long EC CORP CH N 1 N N N THE OPTIONS CLEARING CORPORATION 549300CII6SLYGKNHA04 N/A 140.00000000 NS USD 2800.00000000 0.001340397206 Long DE CORP US N 2 MORGAN STANLEY & CO. INC. N/A Put Purchased Prudential Financial, Inc. Prudential Financial, Inc. 100.00000000 105.00000000 USD 2025-01-17 XXXX -85613.76000000 N N N Colgate-Palmolive Co. YMEGZFW4SBUSS5BQXF88 194162103 35597.00000000 NS USD 3439738.11000000 1.646648340784 Long EC CORP US N 1 N N N Dollar Tree Inc 549300PMSTQITB1WHR43 256746108 -14866.00000000 NS USD -1059499.82000000 -0.50719664255 Short EC CORP US N 1 N N N Everest Group Ltd 549300N24XF2VV0B3570 G3223R108 11161.00000000 NS USD 4325557.16000000 2.070701690857 Long EC CORP BM N 1 N N N THE OPTIONS CLEARING CORPORATION 549300CII6SLYGKNHA04 N/A 149.00000000 NS USD 13782.50000000 0.006597865893 Long DE CORP US N 2 MORGAN STANLEY & CO. INC. N/A Put Purchased Post Holdings, Inc. Post Holdings, Inc. 100.00000000 105.00000000 USD 2025-03-21 XXXX -46199.96000000 N N N Hess Corporation UASVRYNXNK17ULIGK870 42809H107 13729.00000000 NS USD 2020634.22000000 0.967304451470 Long EC CORP US N 1 N N N Fairfax Financial Holdings Limited GLS7OQD0WOEDI8YAP031 303901102 5096.00000000 NS USD 7201820.08000000 3.447606970683 Long EC CORP CA N 1 N N N abrdn Platinum ETF Trust N/A 003260106 17502.00000000 NS USD 1523724.12000000 0.729426983617 Long EC RF US N 1 N N N THE OPTIONS CLEARING CORPORATION 549300CII6SLYGKNHA04 N/A -32.00000000 NS USD -383520.00000000 -0.18359612024 Short DE CORP US N 2 MORGAN STANLEY & CO. INC. N/A Call Written Goldman Sachs Group Inc. Goldman Sachs Group Inc. 100.00000000 490.00000000 USD 2025-01-17 XXXX -265296.63000000 N N N PNC Financial Services Group Inc. CFGNEKW0P8842LEUIA51 693475105 24880.00000000 NS USD 5342233.60000000 2.557398212366 Long EC CORP US N 1 N N N Hologic Inc 549300DYP6F5ZJL0LB74 436440101 25461.00000000 NS USD 2024149.50000000 0.968987262717 Long EC CORP US N 1 N N N Citigroup Inc. 6SHGI4ZSSLCXXQSBB395 172967424 70585.00000000 NS USD 5002358.95000000 2.394695701128 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160104 21974.00000000 NS USD 3406189.74000000 1.630588290271 Long EC CORP US N 1 N N N Sysco Corporation 5RGWIFLMGH3YS7KWI652 871829107 -35406.00000000 NS USD -2730156.66000000 -1.30696227169 Short EC CORP US N 1 N N N Munich Reinsurance AG 529900MUF4C20K50JS49 D55535104 -3716.00000000 NS -1940438.20000000 -0.92891355104 Short EC CORP DE N 1 N N N The Progressive Corporation 529900TACNVLY9DCR586 743315103 32141.00000000 NS USD 8642072.08000000 4.137074741272 Long EC CORP US N 1 N N N Expedia Group Inc CI7MUJI4USF3V0NJ1H64 30212P303 17528.00000000 NS USD 3236019.36000000 1.549125468127 Long EC CORP US N 1 N N N Park National Corp 5493001T01TDELV5OO63 700658107 -5876.00000000 NS USD -1118555.36000000 -0.53546731428 Short EC CORP US N 1 N N N Teradyne Inc. C3X4YJ278QNZHRJULN75 880770102 12968.00000000 NS USD 1426480.00000000 0.682874931185 Long EC CORP US N 1 N N N Fidelity National Information Services Inc 6WQI0GK1PRFVBA061U48 31620M106 34589.00000000 NS USD 2950441.70000000 1.412415647505 Long EC CORP US N 1 N N N Fortune Brands Innovations Inc 54930032LHW54PQUJD44 34964C106 28070.00000000 NS USD 2197881.00000000 1.052154840326 Long EC CORP US N 1 N N N TE Connectivity PLC 6367003TB6K484NFHE54 G87052109 -11200.00000000 NS USD -1692544.00000000 -0.81024330346 Short EC CORP IE N 1 N N N Short-Term Invts T 549300UJV6OHYATSFU27 825252406 8661914.39000000 PA USD 8661914.39000000 4.146573518735 Long STIV RF US N 1 N N N Darden Restaurants, Inc. CY1NFSCCB5GUXC7WZC70 237194105 13321.00000000 NS USD 2348092.67000000 1.124063162780 Long EC CORP US N 1 N N N PPG Industries, Inc. 549300BKPEP01R3V6C59 693506107 29265.00000000 NS USD 3639688.05000000 1.742367034013 Long EC CORP US N 1 N N N Microsoft Corp. INR2EJN1ERAN0W5ZP974 594918104 7367.00000000 NS USD 3119629.82000000 1.493408248735 Long EC CORP US N 1 N N N Schlumberger Limited 213800ZUA17OK3QLGM62 806857108 74635.00000000 NS USD 3279461.90000000 1.569921989293 Long EC CORP CW N 1 N N N Curtiss-Wright Corp. TEL51ETZWP7D0ZM4X325 231561101 8495.00000000 NS USD 3173986.85000000 1.519429681297 Long EC CORP US N 1 N N N Henry Schein, Inc. VGO3WGL8H45T73F4RR92 806407102 -13322.00000000 NS USD -1026460.10000000 -0.49138008955 Short EC CORP US N 1 N N N THE OPTIONS CLEARING CORPORATION 549300CII6SLYGKNHA04 N/A -70.00000000 NS USD -352800.00000000 -0.16889004803 Short DE CORP US N 2 MORGAN STANLEY & CO. INC. N/A Call Written Texas Roadhouse, Inc. Texas Roadhouse, Inc. 100.00000000 155.00000000 USD 2024-12-20 XXXX -262136.84000000 N N N Lockheed Martin Corporation DPRBOZP0K5RM2YE8UU08 539830109 -1979.00000000 NS USD -1047702.39000000 -0.50154905604 Short EC CORP US N 1 N N N THE OPTIONS CLEARING CORPORATION 549300CII6SLYGKNHA04 N/A 114.00000000 NS USD 16245.00000000 0.007776697364 Long DE CORP US N 2 MORGAN STANLEY & CO. INC. N/A Put Purchased Post Holdings, Inc. Post Holdings, Inc. 100.00000000 110.00000000 USD 2025-03-21 XXXX -44187.18000000 N N N Marsh & McLennan Companies, Inc. 549300XMP3KDCKJXIU47 571748102 -13500.00000000 NS USD -3148605.00000000 -1.50727905242 Short EC CORP US N 1 N N N Hilton Grand Vacations Inc 549300O9K6MFD8D07574 43283X105 -43880.00000000 NS USD -1860073.20000000 -0.89044175764 Short EC CORP US N 1 N N N UnitedHealth Group Inc. 549300GHBMY8T5GXDE41 91324P102 -3700.00000000 NS USD -2257740.00000000 -1.08081013903 Short EC CORP US N 1 N N N Pentair PLC 549300EVR9D56WPSRP15 G7S00T104 30523.00000000 NS USD 3326701.77000000 1.592536342790 Long EC CORP IE N 1 N N N Littelfuse Inc. 549300MY7HLQFYTPCX75 537008104 12139.00000000 NS USD 2994327.13000000 1.433424186000 Long EC CORP US N 1 N N N The Campbells Co. 5493007JDSMX8Z5Z1902 134429109 -31185.00000000 NS USD -1440747.00000000 -0.68970473366 Short EC CORP US N 1 N N N KeyCorp RKPI3RZGV1V1FJTH5T61 493267108 150521.00000000 NS USD 2932149.08000000 1.403658727238 Long EC CORP US N 1 N N N Lincoln National Corp. EFQMQROEDSNBRIP7LE47 534187109 -103500.00000000 NS USD -3678390.00000000 -1.76089417175 Short EC CORP US N 1 N N N Otis Worldwide Corp. 549300ZLBKR8VSU25153 68902V107 19616.00000000 NS USD 2020055.68000000 0.967027496684 Long EC CORP US N 1 N N N Mondelez International, Inc. 549300DV9GIB88LZ5P30 609207105 46549.00000000 NS USD 3023357.55000000 1.447321433812 Long EC CORP US N 1 N N N Renaissancere Holdings Ltd. EK6GB9U3U58PDI411C94 G7496G103 -6016.00000000 NS USD -1721478.40000000 -0.82409458522 Short EC CORP BM N 1 N N N Select Sector Spdr Trust 5493008JJKIPMEX3CO91 81369Y506 -11025.00000000 NS USD -1053218.25000000 -0.50418957152 Short EC RF US N 1 N N N Goldman Sachs Group, Inc. 784F5XWPLTWKTBV3E584 38141G104 3499.00000000 NS USD 2129386.43000000 1.019365579505 Long EC CORP US N 1 N N N Old Republic International Corporation 549300IV6O2YY2A1KH37 680223104 -128886.00000000 NS USD -5022687.42000000 -2.40442720984 Short EC CORP US N 1 N N N Invesco Ltd ECPGFXU8A2SHKVVGJI15 G491BT108 -144763.00000000 NS USD -2618762.67000000 -1.25363648846 Short EC CORP BM N 1 N N N McDonald's Corporation UE2136O97NLB5BYP9H04 580135101 -6137.00000000 NS USD -1816613.37000000 -0.86963695952 Short EC CORP US N 1 N N N Globe Life Inc 5493001JFHKQOPP6XA71 37959E102 44705.00000000 NS USD 4972984.20000000 2.380633617969 Long EC CORP US N 1 N N N WSFS Financial Corporation 549300SU7VQHD6QRG886 929328102 -39232.00000000 NS USD -2354704.64000000 -1.12722840068 Short EC CORP US N 1 N N N Brown & Brown Inc 549300PC8KTJ71XKFY89 115236101 64348.00000000 NS USD 7277758.80000000 3.483959845027 Long EC CORP US N 1 N N N Zebra Technologies Corporation PO0I32GKZ3HZMMDPZZ08 989207105 3689.00000000 NS USD 1501423.00000000 0.718751141134 Long EC CORP US N 1 N N N Church & Dwight Co Inc. POOXSI30AWAQGYJZC921 171340102 28226.00000000 NS USD 3108529.38000000 1.488094320604 Long EC CORP US N 1 N N N Commonwealth Bank of Australia MSFSBD3QN1GSN7Q6C537 Q26915100 -52546.00000000 NS -5434162.44000000 -2.60140576963 Short EC CORP AU N 1 N N N Voya Financial Inc 549300T065Z4KJ686G75 929089100 33391.00000000 NS USD 2771453.00000000 1.326731378399 Long EC CORP US N 1 N N N F N B Corp (Pennsylvania) PCYSKIGYNYFDTBLVZU83 302520101 128748.00000000 NS USD 2208028.20000000 1.057012439803 Long EC CORP US N 1 N N N Exxon Mobil Corp. J3WHBG0MTS7O8ZVMDC91 30231G102 30592.00000000 NS USD 3608632.32000000 1.727500243391 Long EC CORP US N 1 N N N 2024-11-30 Valued Advisers Trust Gregory Knoth Gregory Knoth SVP, Mutual Fund Controller