HERC HOLDINGS IN

NPORT-P false 0001437249 XXXXXXXX S000071821 C000227329 Valued Advisers Trust 811-22208 0001437249 549300W12YUPFS7QVT86 225 Pictoria Drive Suite 450 Cincinnati 45246 513-587-3400 CHANNING INTRINSIC VALUE SMALL-CAP FUND S000071821 549300N7TFIJV4V5EN41 2026-01-31 2025-04-30 N 7637423.73 30529.35 7606894.38 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 0.00 N Herc Holdings Inc 549300TP80QLITMSBP82 HERC HOLDINGS IN 42704L104 1551.00000000 NS USD 169741.44000000 2.231415759449 Long EC CORP US N 1 N N N ATI Inc ZW1LRE7C3H17O2ZN9B45 ATI, Inc. 01741R102 3908.00000000 NS USD 212517.04000000 2.793742483907 Long EC CORP US N 1 N N N SPX Technologies, Inc. N/A SPX Technologies, Inc. 78473E103 1215.00000000 NS USD 162992.25000000 2.142691114898 Long EC CORP US N 1 N N N Evercore Inc 529900P6KLPT95DW3W58 Evercore Partners, Inc. 29977A105 962.00000000 NS USD 197488.98000000 2.596184068484 Long EC CORP US N 1 N N N The Timken Company B0I35MLPFXZSE70ASS73 Timken Co./The 887389104 2726.00000000 NS USD 175145.50000000 2.302457366313 Long EC CORP US N 1 N N N Boyd Gaming Corporation 254900787YGRYS2A1Z35 Boyd Gaming Corp. 103304101 2984.00000000 NS USD 206313.76000000 2.712194355457 Long EC CORP US N 1 N N N First American Financial Corporation 549300B6VEZK3N0A1P55 First American Financial Corp. 31847R102 3008.00000000 NS USD 182916.48000000 2.404614430836 Long EC CORP US N 1 N N N Northern Oil And Gas, Inc. OKFF0PIZDDMNH4UCYE51 Northern Oil and Gas, Inc. 665531307 3411.00000000 NS USD 82887.30000000 1.089633901292 Long EC CORP US N 1 N N N Old National Bancorp 549300MMK90CL5KMVX16 Old National Bancorp 680033107 9533.00000000 NS USD 196284.47000000 2.580349617000 Long EC CORP US N 1 N N N OneSpaWorld Holdings Ltd. 5493007W8PZ8W6UC2X76 OneSpaWorld Holdings Ltd. P73684113 9402.00000000 NS USD 157013.40000000 2.064093336339 Long EC CORP BS N 1 N N N Advanced Energy Industries, Inc. 549300756XI3QLFT2U27 Advanced Energy Industries, Inc. 007973100 2054.00000000 NS USD 200080.14000000 2.630247378299 Long EC CORP US N 1 N N N Artisan Partners Asset Management Inc. 549300T1FUI6JF63XU51 Artisan Partners Asset Management, Inc. 04316A108 4981.00000000 NS USD 184197.38000000 2.421453102915 Long EC CORP US N 1 N N N Cadence Bank Q7C315HKI8VX0SSKBS64 Cadence Bank 12740C103 6548.00000000 NS USD 191594.48000000 2.518695152436 Long EC CORP US N 1 N N N Louisiana Pacific Corporation 549300C7E2UAO5BVRR75 Louisiana-Pacific Corp. 546347105 1780.00000000 NS USD 153631.80000000 2.019638926549 Long EC CORP US N 1 N N N Stifel Financial Corporation 549300E5F07FE5GHJX84 Stifel Financial Corp. 860630102 2095.00000000 NS USD 179520.55000000 2.359971639306 Long EC CORP US N 1 N N N Wintrust Financial Corporation Q774KI4AW80FHFW33O61 Wintrust Financial Corp. 97650W108 1774.00000000 NS USD 197215.58000000 2.592589960477 Long EC CORP US N 1 N N N Belden Inc. 68BKYO1JC791TTJHUE82 Belden, Inc. 077454106 1554.00000000 NS USD 160232.94000000 2.106417310345 Long EC CORP US N 1 N N N SM Energy Co. 84BUTVXV5ODI6BXNMH43 SM Energy Co. 78454L100 3342.00000000 NS USD 76164.18000000 1.001251972161 Long EC CORP US N 1 N N N Gates Industrial Corp PLC 549300S6K4FWUSB9KM27 Gates Industrial Corp. PLC G39108108 11666.00000000 NS USD 220720.72000000 2.901587809347 Long EC CORP GB N 1 N N N STAG Industrial, Inc. 549300QWYX2W6FASVQ07 STAG Industrial, Inc. 85254J102 5754.00000000 NS USD 190054.62000000 2.498452200147 Long EC CORP US N 1 N N N Avient Corporation SM8L9RZYIB34LNTWO040 Avient Corp. 05368V106 4848.00000000 NS USD 161486.88000000 2.122901567091 Long EC CORP US N 1 N N N Hillenbrand, Inc. U246OE781574J2BUD366 Hillenbrand, Inc. 431571108 3023.00000000 NS USD 61155.29000000 0.803945564970 Long EC CORP US N 1 N N N Littelfuse Inc. 549300MY7HLQFYTPCX75 Littelfuse, Inc. 537008104 1090.00000000 NS USD 198717.90000000 2.612339413078 Long EC CORP US N 1 N N N Integer Holdings Corp. 549300SUD2ED5XG6X569 Integer Holdings Corp. 45826H109 1574.00000000 NS USD 198811.94000000 2.613575660031 Long EC CORP US N 1 N N N Synovus Financial Corp. 549300EIUS8UN5JTLE54 Synovus Financial Corp 87161C501 4567.00000000 NS USD 197842.44000000 2.600830642793 Long EC CORP US N 1 N N N Nexstar Media Group Inc 52990083ZRR5UT591988 Nexstar Media Group, Inc. 65336K103 1254.00000000 NS USD 187673.64000000 2.467151910159 Long EC CORP US N 1 N N N Madison Square Garden Entertainment Corp New N/A Madison Square Garden Entertainment Corp 558256103 5808.00000000 NS USD 188411.52000000 2.476852057987 Long EC CORP US N 1 N N N Valvoline Inc 549300CMHPBEY6VPOT75 Valvoline, Inc. 92047W101 3409.00000000 NS USD 116792.34000000 1.535348516302 Long EC CORP US N 1 N N N Southwest Gas Holdings Inc 254900LKF9EV0CUKNE09 Southwest Gas Corp. 844895102 2358.00000000 NS USD 170271.18000000 2.238379705227 Long EC CORP US N 1 N N N Asbury Automotive Group, Inc. 549300JH4DTA7U42GL91 Asbury Automotive Group, Inc. 043436104 759.00000000 NS USD 165568.26000000 2.176555263279 Long EC CORP US N 1 N N N McGrath RentCorp. 254900EUH6IPWFQ83445 McGrath RentCorp 580589109 1431.00000000 NS USD 152644.77000000 2.006663460469 Long EC CORP US N 1 N N N MKS Instruments Inc. 549300KEQATBHAGVF505 MKS Instruments, Inc. 55306N104 2063.00000000 NS USD 144698.82000000 1.902206245697 Long EC CORP US N 1 N N N Parsons Corporation 549300ZXH0VRBSEPX752 Parsons Corp. 70202L102 2728.00000000 NS USD 182394.08000000 2.397746976473 Long EC CORP US N 1 N N N COPT Defense Properties YY1J47X6LF9TYY8JY420 COPT Defense Properties 22002T108 7169.00000000 NS USD 187182.59000000 2.460696581934 Long EC CORP US N 1 N N N Lumentum Holdings Inc. 549300JLWRRC38DWEF52 Lumentum Holdings, Inc. 55024U109 2596.00000000 NS USD 153267.84000000 2.014854319562 Long EC CORP US N 1 N N N Installed Building Products Inc 549300I95Y9P9YM5FI86 Installed Building Products, Inc. 45780R101 610.00000000 NS USD 101156.30000000 1.329797614463 Long EC CORP US N 1 N N N First American Funds Inc. 549300J5J5SJCZ9IA369 First American Treasury Obligations Fund 31846V328 186100.26000000 PA USD 186100.26000000 2.446468304979 Long STIV RF US N 1 N N N Brunswick Corporation YM4O38W15AX4YLLQKU27 Brunswick Corp. 117043109 3139.00000000 NS USD 144550.95000000 1.900262351217 Long EC CORP US N 1 N N N Portland General Electric Company GJOUP9M7C39GLSK9R870 Portland General Electric Co. 736508847 4135.00000000 NS USD 174166.20000000 2.289583518576 Long EC CORP US N 1 N N N Affiliated Managers Group, Inc. 2JE75BUE3T1BLCYYGK54 Affiliated Managers Group, Inc. 008252108 1284.00000000 NS USD 212668.92000000 2.795739093724 Long EC CORP US N 1 N N N Hexcel Corporation S6Q7LW43WUBUHXY2QP69 Hexcel Corp. 428291108 3387.00000000 NS USD 164167.89000000 2.158146042248 Long EC CORP US N 1 N N N Brinks Company XFP140TFNOQMIVFTVQ13 Brink's Co./The 109696104 2503.00000000 NS USD 223367.72000000 2.936385190088 Long EC CORP US N 1 N N N Pinnacle Financial Partners Inc. 54930098EZ8JMSAZGS24 Pinnacle Financial Partners, Inc. 72346Q104 1906.00000000 NS USD 191057.44000000 2.511635241082 Long EC CORP US N 1 N N N MSA Safety Inc. 529900DVA3258XK11O39 MSA Safety, Inc. 553498106 1351.00000000 NS USD 212674.42000000 2.795811396555 Long EC CORP US N 1 N N N 2025-04-30 Valued Advisers Trust Gregory Knoth Gregory Knoth SVP, Mutual Fund Controller XXXX