Trust for Advised Portfolios NPORT-P CornerCap Fundametrics Large-Cap ETF (Dec 2023 report)

CornerCap Fundametrics® Large-Cap ETF
Schedule of Investments
December 31, 2023 (Unaudited)
Security	Shares		Value
Common Stocks — 99.3%
Advertising — 0.4%
Interpublic Group of Cos., Inc. (a)		20,736	$	676,823
Total Advertising				676,823
Aerospace/Defense — 1.6%
General Dynamics Corp.		5,723		1,486,091
L3Harris Technologies, Inc.		7,071		1,489,294
Total Aerospace/Defense				2,975,385
Agriculture — 1.3%
Altria Group, Inc.		30,907		1,246,788
Philip Morris International, Inc.		12,713		1,196,039
Total Agriculture				2,442,827
Airlines — 1.1%
Delta Air Lines, Inc.		37,093		1,492,251
United Airlines Holdings, Inc. (b)		14,979		618,034
Total Airlines				2,110,285
Auto Manufacturers — 1.1%
Cummins, Inc. (a)		5,402		1,294,157
General Motors Co. (a)		20,002		718,472
Total Auto Manufacturers				2,012,629
Auto Parts & Equipment — 0.8%
Aptiv Plc (b)		17,197		1,542,915
Total Auto Parts & Equipment				1,542,915
Banks — 7.4%
Bank of America Corp.		43,068		1,450,100
Citigroup, Inc.		38,149		1,962,385
Fifth Third Bancorp (a)		44,135		1,522,216
JPMorgan Chase & Co.		17,980		3,058,398
M&T Bank Corp. (a)		10,603		1,453,459
Regions Financial Corp.		69,386		1,344,701
State Street Corp.		17,142		1,327,819
US Bancorp		34,941		1,512,246
Total Banks				13,631,324
Biotechnology — 1.8%
Gilead Sciences, Inc.		16,230		1,314,792
Incyte Corp. (b)		11,754		738,034
Royalty Pharma Plc, Class A		47,675		1,339,191
Total Biotechnology				3,392,017
Building Materials — 1.2%
Johnson Controls International Plc		24,352		1,403,649
Masco Corp.		11,694		783,264
Total Building Materials				2,186,913
Chemicals — 2.3%
Ecolab, Inc.		7,409		1,469,575

CornerCap Fundametrics® Large-Cap ETF
Schedule of Investments
December 31, 2023 (Unaudited)(Continued)
Security	Shares		Value
LyondellBasell Industries NV, Class A		14,164	$	1,346,713
PPG Industries, Inc.		9,392		1,404,574
Total Chemicals				4,220,862
Commercial Services — 1.9%
Block, Inc. (b)		14,218		1,099,762
Global Payments, Inc.		9,934		1,261,618
PayPal Holdings, Inc. (b)		17,054		1,047,286
Total Commercial Services				3,408,666
Computers — 2.3%
Fortinet, Inc. (b)		9,517		557,030
International Business Machines Corp.		4,938		807,610
Leidos Holdings, Inc.		12,566		1,360,144
NetApp, Inc.		16,094		1,418,847
Total Computers				4,143,631
Diversified Financial Services — 3.3%
American Express Co.		8,624		1,615,620
CME Group, Inc.		247		52,018
Discover Financial Services		6,533		734,309
LPL Financial Holdings, Inc.		2,843		647,124
Mastercard, Inc., Class A		3,237		1,380,613
Visa, Inc., Class A (a)		6,008		1,564,183
Total Diversified Financial Services				5,993,867
Electric — 3.5%
Ameren Corp.		96		6,945
CenterPoint Energy, Inc.		24,470		699,108
DTE Energy Co.		11,304		1,246,379
Edison International		9,262		662,140
Entergy Corp.		6,713		679,288
Exelon Corp.		17,103		613,998
NextEra Energy, Inc.		29,441		1,788,247
Public Service Enterprise Group, Inc.		11,243		687,509
Total Electric				6,383,614
Electrical Components & Equipment — 0.7%
Emerson Electric Co.		13,393		1,303,541
Total Electrical Components & Equipment				1,303,541
Electronics — 0.7%
Fortive Corp.		17,418		1,282,487
Total Electronics				1,282,487
Engineering & Construction — 0.4%
Jacobs Solutions, Inc.		5,461		708,838
Total Engineering & Construction				708,838

CornerCap Fundametrics® Large-Cap ETF
Schedule of Investments
December 31, 2023 (Unaudited)(Continued)
Security	Shares		Value
Food — 2.9%
Campbell Soup Co. (a)		15,850	$	685,196
General Mills, Inc.		8,948		582,873
Hershey Co/The		6,395		1,192,284
Kraft Heinz Co/The		39,155		1,447,951
Kroger Co/The		31,173		1,424,918
Total Food				5,333,222
Gas — 0.3%
NiSource, Inc.		22,550		598,703
Total Gas				598,703
Hand/Machine Tools — 0.8%
Stanley Black & Decker, Inc.		15,028		1,474,247
Total Hand/Machine Tools				1,474,247
Healthcare-Products — 2.4%
Align Technology, Inc. (b)		6,674		1,828,676
Baxter International, Inc. (a)		16,578		640,905
Hologic, Inc. (b)		17,906		1,279,384
Medtronic Plc		9,072		747,351
Total Healthcare-Products				4,496,316
Healthcare-Services — 4.8%
Centene Corp. (b)		19,932		1,479,155
Elevance Health, Inc.		2,668		1,258,122
HCA Healthcare, Inc.		5,140		1,391,295
Humana, Inc.		1,537		703,654
Molina Healthcare, Inc. (b)		3,553		1,283,734
UnitedHealth Group, Inc.		2,515		1,324,072
Universal Health Services, Inc., Class B		8,957		1,365,405
Total Healthcare-Services				8,805,437
Household Products/Wares — 1.1%
Clorox Co.		4,597		655,486
Kimberly-Clark Corp.		10,649		1,293,960
Total Household Products/Wares				1,949,446
Insurance — 5.5%
Chubb Ltd.		6,707		1,515,783
Everest Re Group Ltd.		1,764		623,715
Fidelity National Financial, Inc.		31,315		1,597,691
Hartford Financial Services Group Inc/The		19,180		1,541,688
MetLife, Inc.		20,817		1,376,628
Travelers Cos, Inc./The		7,493		1,427,342
W R Berkley Corp.		9,430		666,890
Willis Towers Watson Plc		5,301		1,278,601
Total Insurance				10,028,338

CornerCap Fundametrics® Large-Cap ETF
Schedule of Investments
December 31, 2023 (Unaudited)(Continued)
Security	Shares		Value
Internet — 7.4%
Alphabet, Inc., Class A (b)		10,096	$	1,410,310
Booking Holdings, Inc. (b)		445		1,578,513
DoorDash, Inc., Class A (a)(b)		7,088		700,932
eBay, Inc.		31,272		1,364,085
Expedia Group, Inc. (b)		11,489		1,743,915
Meta Platforms, Inc., Class A (b)		9,008		3,188,472
Palo Alto Networks, Inc. (a)(b)		5,263		1,551,953
Pinterest, Inc., Class A (b)		19,467		721,058
VeriSign, Inc. (b)		6,550		1,349,038
Total Internet				13,608,276
Machinery-Construction & Mining — 0.9%
Caterpillar, Inc.		5,531		1,635,351
Total Machinery-Construction & Mining				1,635,351
Machinery-Diversified — 0.8%
Dover Corp.		9,604		1,477,191
Total Machinery-Diversified				1,477,191
Media — 0.3%
Fox Corp., Class A		20,256		600,996
Total Media				600,996
Mining — 0.7%
Newmont Corp. (a)		33,139		1,371,623
Total Mining				1,371,623
Miscellaneous Manufacturing — 2.5%
3M Co.		13,462		1,471,666
Parker-Hannifin Corp.		3,273		1,507,871
Textron, Inc.		19,145		1,539,641
Total Miscellaneous Manufacturing				4,519,178
Oil & Gas Services — 1.5%
Baker Hughes Co.		39,730		1,357,972
Halliburton Co.		36,256		1,310,654
Total Oil & Gas Services				2,668,626
Oil and Gas — 4.0%
Chevron Corp.		22,285		3,324,030
Coterra Energy, Inc.		48,548		1,238,945
Devon Energy Corp.		27,811		1,259,838
Phillips 66		10,990		1,463,209
Total Oil and Gas				7,286,022
Packaging and Containers — 0.4%
Amcor Plc		70,927		683,736
Total Packaging and Containers				683,736

CornerCap Fundametrics® Large-Cap ETF
Schedule of Investments
December 31, 2023 (Unaudited)(Continued)
Security	Shares		Value
Pharmaceuticals — 5.5%
Bristol-Myers Squibb Co.		43,489	$	2,231,421
Cigna Group/The		4,494		1,345,728
CVS Health Corp.		19,061		1,505,057
Johnson & Johnson		22,825		3,577,590
Merck & Co., Inc.		13,024		1,419,876
Total Pharmaceuticals				10,079,672
Real Estate Investment Trusts (REITs) — 5.4%
Agree Realty Corp.		4,928		310,218
American Homes 4 Rent, Class A		9,303		334,536
CubeSmart		8,422		390,360
Equity LifeStyle Properties, Inc. (a)		9,585		676,126
Equity Residential		5,438		332,588
Essex Property Trust, Inc.		1,504		372,902
First Industrial Realty Trust, Inc.		12,069		635,674
Gaming and Leisure Properties, Inc.		14,524		716,759
Host Hotels & Resorts, Inc.		41,222		802,592
Invitation Homes, Inc.		18,806		641,473
Kimco Realty Corp.		16,756		357,070
Lamar Advertising Co., Class A		6,602		701,661
Mid-America Apartment Communities, Inc.		4,880		656,165
National Retail Properties, Inc.		17,551		756,448
Realty Income Corp. (a)		12,919		741,809
SBA Communications Corp.		2,825		716,674
STAG Industrial, Inc. (a)		18,678		733,298
Total Real Estate Investment Trusts (REITs)				9,876,353
Retail — 2.9%
Best Buy Co., Inc.		8,731		683,463
Home Depot Inc/The		4,365		1,512,691
Target Corp.		10,807		1,539,133
Ulta Beauty, Inc. (b)		3,238		1,586,587
Total Retail				5,321,874
Semiconductors — 3.1%
Broadcom, Inc.		1,323		1,476,799
Intel Corp.		38,639		1,941,610
NXP Semiconductors NV		3,415		784,357
Skyworks Solutions, Inc.		14,194		1,595,689
Total Semiconductors				5,798,455

CornerCap Fundametrics® Large-Cap ETF
Schedule of Investments
December 31, 2023 (Unaudited)(Continued)
Security	Shares		Value
Software — 9.8%
Adobe, Inc. (b)		2,627	$	1,567,268
Atlassian Corp., Class A (b)		7,270		1,729,242
Autodesk, Inc. (b)		6,948		1,691,699
Broadridge Financial Solutions, Inc.		3,612		743,169
Dynatrace, Inc. (b)		12,836		702,001
Electronic Arts, Inc.		10,980		1,502,174
Microsoft Corp.		3,739		1,406,014
MSCI, Inc.		2,669		1,509,720
Paycom Software, Inc.		7,232		1,494,999
Salesforce, Inc. (b)		6,639		1,746,985
ServiceNow, Inc. (b)		1,375		971,424
Veeva Systems, Inc., Class A (b)		3,916		753,908
Workday, Inc., Class A (b)		2,997		827,352
Zoom Video Communications, Inc., Class A (a)(b)		20,547		1,477,535
Total Software				18,123,490
Telecommunications — 3.0%
AT&T, Inc.		68,427		1,148,205
Cisco Systems, Inc.		56,198		2,839,123
T-Mobile US, Inc. (a)		9,057		1,452,109
Total Telecommunications				5,439,437
Transportation — 1.5%
CSX Corp.		39,724		1,377,231
FedEx Corp.		5,662		1,432,316
Total Transportation				2,809,547
Total Common Stocks (Cost — $165,693,621)				182,402,160
Short-Term Investments — 0.6%
Money Market Funds — 0.60%
First American Government Obligations Fund - Class X - 5.30% (c)		1,115,810		1,115,810
Total Money Market Funds (Cost — $1,115,810)				1,115,810
Total Short-Term Investments (Cost — $1,115,810)				1,115,810
Collateral for Securities on Loan — 6.5%
Mount Vernon Liquid Assets Portfolio LLC, 5.6% (c)		11,973,339	$	11,973,339
Total Collateral for Securities on Loan (Cost — $11,973,339)				11,973,339

CornerCap Fundametrics® Large-Cap ETF
Schedule of Investments
December 31, 2023 (Unaudited)(Continued)
Security	Shares	Value
Total Investments — 106.4% (Cost — $178,782,770)		$	195,491,309
Liabilities in Excess of Other Assets — (6.4)%			(11,770,650	)
Total Net Assets — 100.0%		$	183,720,659

MSCI - Morgan Stanley Capital International

Plc - Public Limited Company

REIT - Real Estate Investment Trust

(a)	All or a portion of the security is on loan as of December 31, 2023.
(b)	Non-income producing security.
(c)	The rate reported is the annualized seven-day yield as of December 31, 2023.

SECURITIES VALUATION

The Fund has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below:

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.

Following is a description of the valuation techniques applied to the Fund’s major categories of assets and liabilities measured at fair value on a recurring basis.

Equity Securities:  Equity securities, including common stocks, preferred stocks, foreign-issued common stocks, exchange-traded funds, closed-end mutual funds and real estate investment trusts (REITs), that are primarily traded on a national securities exchange shall be valued at the last sale price on the exchange on which they are primarily traded on the day of valuation or, if there has been no sale on such day, at the mean between the bid and asked prices. Securities primarily traded in the NASDAQ Global Market System for which market quotations are readily available shall be valued using the NASDAQ Official Closing Price (“NOCP”). If the NOCP is not available, such securities shall be valued at the last sale price on the day of valuation, or if there has been no sale on such day, at the mean between the bid and asked prices. Over-the-counter securities that are not traded on a listed exchange are valued at the last sale price in the over-the-counter market. Over-the-counter securities which are not traded in the NASDAQ Global Market System shall be valued at the mean between the bid and asked prices. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. 

Debt Securities:  Debt securities, including corporate bonds, asset-backed securities, mortgage-backed securities, municipal bonds, U.S. Treasuries, and U.S. government agency issues, are generally valued at market on the basis of valuations furnished by an independent pricing service that utilizes both dealer-supplied valuations and formula-based techniques. The pricing service may consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (where observable), bond spreads, and fundamental data relating to the issuer. In addition, the model may incorporate market observable data, such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued primarily using dealer quotations. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 2 of the fair value hierarchy. 

Registered Investment Companies:  Investments in registered investment companies (e.g., mutual funds) are generally priced at the ending NAV provided by the applicable registered investment company’s service agent and will be classified in Level 1 of the fair value hierarchy. 

Short-Term Debt Securities:  Short-term debt instruments having a maturity of less than 60 days are valued at the evaluated mean price supplied by an approved pricing service. Pricing services may use various valuation methodologies including matrix pricing and other analytical pricing models as well as market transactions and dealer quotations. In the absence of prices from a pricing service, the securities will be priced in accordance with the procedures adopted by the Board. Short-term debt securities are generally classified in Level 1 or Level 2 of the fair value hierarchy depending on the inputs used and market activity levels for specific securities. 

In the absence of prices from a pricing service or in the event that market quotations are not readily available, fair value will be determined under the Fund’s valuation procedures adopted pursuant to Rule 2a-5. Pursuant to those procedures, the Board has appointed the Advisor as the Fund’s valuation designee (the “Valuation Designee”) to perform all fair valuations of the Fund’s portfolio investments, subject to the Board’s oversight. As the Valuation Designee, the Advisor has established procedures for its fair valuation of the Fund’s portfolio investments. These procedures address, among other things, determining when market quotations are not readily available or reliable and the methodologies to be used for determining the fair value of investments, as well as the use and oversight of third-party pricing services for fair valuation.

Depending on the relative significance of the valuation inputs, fair valued securities may be classified in either Level 2 or Level 3 of the fair value hierarchy.

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the fair valuation hierarchy of the Fund’s securities as of December 31, 2023:  

CornerCap Fundametrics® Large-Cap ETF
Description	Level 1		Level 2		Level 3		Total
Assets:
Long-Term Investments
Common Stocks	$	182,402,160	$	–	$	–	$	182,402,160
Total Long-Term Investments		182,402,160		–		–		182,402,160
Short-Term Investment		1,115,810		–		–		1,115,810
Collateral for Securities on Loan		11,973,339		–		–		11,973,339
Total Investments	$	195,491,309	$	–	$	–	$	195,491,309
See Schedule of Investments for additional detailed categorizations.