Valued Advisers Trust NPORT-P Dana Epiphany Esg Small Cap Equity Fund (Jul 2022 report)

Dana

Large

Cap

Equity

Fund

Schedule

of

Investments

July

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

98.80%

Shares

Fair

Value

Communications

—

8.31%

Alphabet,

Inc.,

Class

A

(a)

33,200‌

$

3,861,824‌

AT&T,

Inc.

1,000‌

18,780‌

Comcast

Corp.,

Class

A

49,000‌

1,838,480‌

Interpublic

Group

of

Cos.,

Inc.

70,000‌

2,090,900‌

Verizon

Communications,

Inc.

36,000‌

1,662,840‌

9,472,824‌

Consumer

Discretionary

—

11.13%

Amazon.com,

Inc.

(a)

28,000‌

3,778,600‌

Best

Buy

Co.,

Inc.

9,000‌

692,910‌

D.R.

Horton,

Inc.

28,000‌

2,184,840‌

Home

Depot,

Inc.

(The)

5,700‌

1,715,358‌

Newell

Brands,

Inc.

88,000‌

1,778,480‌

Tapestry,

Inc.

51,000‌

1,715,130‌

Vail

Resorts,

Inc.

3,500‌

829,955‌

12,695,273‌

Consumer

Staples

—

6.61%

Keurig

Dr

Pepper,

Inc.

12,000‌

464,880‌

Kimberly-Clark

Corp.

11,000‌

1,449,690‌

Mondelez

International,

Inc.,

Class

A

35,000‌

2,241,400‌

PepsiCo,

Inc.

8,000‌

1,399,680‌

Walmart,

Inc.

15,000‌

1,980,750‌

7,536,400‌

Energy

—

4.28%

Chevron

Corp.

500‌

81,890‌

ConocoPhillips

15,000‌

1,461,450‌

Exxon

Mobil

Corp.

1,000‌

96,930‌

Ovintiv,

Inc.

17,000‌

868,530‌

Pioneer

Natural

Resources

Co.

8,000‌

1,895,600‌

Williams

Cos.,

Inc.

(The)

14,000‌

477,260‌

4,881,660‌

Financials

—

10.43%

Allstate

Corp.

(The)

16,200‌

1,894,914‌

American

Express

Co.

12,800‌

1,971,456‌

Bank

of

America

Corp.

60,000‌

2,028,600‌

Bank

of

New

York

Mellon

Corp.

(The)

46,000‌

1,999,160‌

JPMorgan

Chase

&

Co.

16,500‌

1,903,440‌

Morgan

Stanley

24,800‌

2,090,640‌

11,888,210‌

Health

Care

—

13.91%

Abbott

Laboratories

18,600‌

2,024,424‌

AbbVie,

Inc.

16,000‌

2,296,160‌

Avantor,

Inc.

(a)

63,000‌

1,828,260‌

CVS

Health

Corp.

27,000‌

2,583,360‌

Horizon

Therapeutics

PLC

(a)

21,400‌

1,775,558‌

Merck

&

Co.,

Inc.

29,000‌

2,590,860‌

Dana

Large

Cap

Equity

Fund

Schedule

of

Investments

(continued)

July

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

98.80%

-

(continued)

Shares

Fair

Value

Health

Care

—

13.91%

-

(continued)

UnitedHealth

Group,

Inc.

5,100‌

$

2,765,934‌

15,864,556‌

Industrials

—

9.83%

Boeing

Co.

(The)

(a)

200‌

31,862‌

Deere

&

Co.

5,000‌

1,715,900‌

Dover

Corp.

12,000‌

1,604,160‌

Norfolk

Southern

Corp.

7,800‌

1,959,126‌

Parker-Hannifin

Corp.

6,800‌

1,965,812‌

Raytheon

Technologies

Corp.

17,000‌

1,584,570‌

TE

Connectivity

Ltd.

17,600‌

2,353,648‌

11,215,078‌

Materials

—

2.70%

Avery

Dennison

Corp.

7,900‌

1,504,634‌

Nucor

Corp.

11,600‌

1,575,280‌

3,079,914‌

Real

Estate

—

2.87%

American

Tower

Corp.,

Class

A

2,400‌

649,992‌

Gaming

and

Leisure

Properties,

Inc.

28,000‌

1,455,720‌

Iron

Mountain,

Inc.

24,000‌

1,163,760‌

3,269,472‌

Technology

—

25.66%

Adobe,

Inc.

(a)

4,800‌

1,968,576‌

Advanced

Micro

Devices,

Inc.

(a)

8,400‌

793,548‌

Analog

Devices,

Inc.

14,000‌

2,407,440‌

Apple,

Inc.

28,000‌

4,550,280‌

CDW

Corp.

13,400‌

2,432,502‌

Cisco

Systems,

Inc.

45,000‌

2,041,650‌

Cognizant

Technology

Solutions

Corp.,

Class

A

30,400‌

2,065,984‌

Fidelity

National

Information

Services,

Inc.

23,000‌

2,349,680‌

Lam

Research

Corp.

4,500‌

2,252,295‌

Microsoft

Corp.

15,000‌

4,211,100‌

Visa,

Inc.,

Class

A

10,800‌

2,290,788‌

Zebra

Technologies

Corp.,

Class

A

(a)

5,300‌

1,895,757‌

29,259,600‌

Utilities

—

3.07%

Eversource

Energy

18,600‌

1,640,892‌

NextEra

Energy,

Inc.

22,000‌

1,858,780‌

3,499,672‌

Total

Common

Stocks

(Cost $87,847,737)

112,662,659‌

MONEY

MARKET

FUNDS

—

1.22%

Fidelity

Investments

Money

Market

Government

Portfolio,

Institutional

Class,

1.68%

(b)

1,394,418‌

1,394,418‌

Total

Money

Market

Funds

(Cost

$1,394,418)

1,394,418‌

Dana

Large

Cap

Equity

Fund

Schedule

of

Investments

(continued)

July

31,

2022

-

(Unaudited)

Total

Investments

—

100.02%

(Cost

$89,242,155)

$

114,057,077‌

Liabilities

in

Excess

of

Other

Assets — (0.02)%

(23,473‌)

NET

ASSETS

—

100.00%

$

114,033,604‌

(a)

Non-income

producing

security.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

July

31,

2022.

Dana

Epiphany

ESG

Small

Cap

Equity

Fund

Schedule

of

Investments

July

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

99.51%

Shares

Fair

Value

Communications

—

1.19%

TechTarget,

Inc.

(a)

2,583

$

168,386

Consumer

Discretionary

—

10.34%

Bloomin'

Brands,

Inc.

11,714

238,848

Boot

Barn

Holdings,

Inc.

(a)

3,038

189,267

Deckers

Outdoor

Corp.

(a)

869

272,179

Group

1

Automotive,

Inc.

1,334

236,012

Malibu

Boats,

Inc.,

Class

A

(a)

4,633

289,331

Masonite

International

Corp.

(a)

2,596

236,314

1,461,951

Consumer

Staples

—

3.62%

e.l.f.

Beauty,

Inc.

(a)

9,464

317,328

Simply

Good

Foods

Co.

(The)

(a)

5,962

194,480

511,808

Energy

—

3.69%

Chord

Energy

Corp.

1,857

238,142

Ovintiv,

Inc.

5,557

283,907

522,049

Financials

—

14.68%

Evercore,

Inc.,

Class

A

2,540

253,924

Hanover

Insurance

Group,

Inc.

1,692

230,907

Metropolitan

Bank

Holding

Corp.

(a)

3,458

239,916

Pinnacle

Financial

Partners,

Inc.

3,478

275,110

Stifel

Financial

Corp.

4,441

265,616

Synovus

Financial

Corp.

6,955

280,842

Veritex

Holdings,

Inc.

8,457

261,660

Wintrust

Financial

Corp.

3,091

265,950

2,073,925

Health

Care

—

14.24%

Aurinia

Pharmaceuticals,

Inc.

(a)

7,712

63,084

Axsome

Therapeutics,

Inc.

(a)

3,310

127,733

Blueprint

Medicines

Corp.

(a)

2,622

133,879

CONMED

Corp.

2,537

247,687

Cytokinetics,

Inc.

(a)

2,136

90,417

Denali

Therapeutics,

Inc.

(a)

2,901

98,692

Ensign

Group,

Inc.

(The)

3,503

279,154

Envista

Holdings

Corp.

(a)

6,504

264,388

Global

Blood

Therapeutics,

Inc.

(a)

2,437

79,739

Dana

Epiphany

ESG

Small

Cap

Equity

Fund

Schedule

of

Investments

(continued)

July

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

99.51%

-

(continued)

Shares

Fair

Value

Health

Care

—

14.24%

-

(continued)

Horizon

Therapeutics

PLC

(a)

3,209

$

266,250

ShockWave

Medical,

Inc.

(a)

1,368

288,552

Travere

Therapeutics,

Inc.

(a)

3,077

72,433

2,012,008

Industrials

—

16.16%

Atkore,

Inc.

(a)

2,555

253,635

Cactus,

Inc.,

Class

A

7,068

293,958

Clean

Harbors,

Inc.

(a)

2,524

246,317

Hub

Group,

Inc.,

Class

A

(a)

3,426

261,746

John

Bean

Technologies

Corp.

1,950

219,005

MasTec,

Inc.

(a)

2,977

234,975

Regal-Beloit

Corp.

1,850

248,455

TopBuild

Corp.

(a)

1,401

296,620

Zurn

Water

Solutions

Corp.

7,889

228,387

2,283,098

Materials

—

6.13%

Advanced

Drainage

Systems,

Inc.

2,363

280,251

Avient

Corp.

4,533

195,599

Element

Solutions,

Inc.

9,655

190,783

Summit

Materials,

Inc.,

Class

A

(a)

7,241

199,200

865,833

Real

Estate

—

10.43%

Agree

Realty

Corp.

3,583

285,171

Global

Medical

REIT,

Inc.

17,456

212,614

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc.

6,806

245,629

Radius

Global

Infrastructure,

Inc.,

Class

A

(a)

12,429

189,915

Spirit

Realty

Capital,

Inc.

6,234

276,416

STAG

Industrial,

Inc.

8,076

264,731

1,474,476

Technology

—

15.61%

Axcelis

Technologies,

Inc.

(a)

4,117

289,549

i3

Verticals,

Inc.,

Class

A

(a)

9,252

251,007

Kulicke

&

Soffa

Industries,

Inc.

5,212

250,801

Omnicell,

Inc.

(a)

2,215

243,916

Perficient,

Inc.

(a)

2,366

249,660

Rapid7,

Inc.

(a)

3,323

212,572

Sailpoint

Technologies

Holdings,

Inc.

(a)

3,556

226,766

Dana

Epiphany

ESG

Small

Cap

Equity

Fund

Schedule

of

Investments

(continued)

July

31,

2022

-

(Unaudited)

REIT

–

Real

Estate

Investment

Trust

COMMON

STOCKS

—

99.51%

-

(continued)

Shares

Fair

Value

Technology

—

15.61%

-

(continued)

Semtech

Corp.

(a)

3,852

$

240,095

Ultra

Clean

Holdings,

Inc.

(a)

7,211

242,290

2,206,656

Utilities

—

3.42%

Chesapeake

Utilities

Corp.

1,785

244,777

Clearway

Energy,

Inc.,

Class

C

6,348

238,304

483,081

Total

Common

Stocks

(Cost $13,829,460)

14,063,271

MONEY

MARKET

FUNDS

—

0.56%

Fidelity

Investments

Money

Market

Government

Portfolio,

Institutional

Class,

1.68%

(b)

78,874

78,874

Total

Money

Market

Funds

(Cost

$78,874)

78,874

Total

Investments

—

100.07%

(Cost

$13,908,334)

14,142,145

Liabilities

in

Excess

of

Other

Assets — (0.07)%

(10,163

)

NET

ASSETS

—

100.00%

$

14,131,982

(a)

Non-income

producing

security.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

July

31,

2022.

Dana

Epiphany

ESG

Equity

Fund

Schedule

of

Investments

July

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

98.60%

Shares

Fair

Value

Communications

—

8.14%

Alphabet,

Inc.,

Class

A

(a)

17,400

$

2,023,968

Alphabet,

Inc.,

Class

C

(a)

4,600

536,544

Comcast

Corp.,

Class

A

31,000

1,163,120

Interpublic

Group

of

Cos.,

Inc.

47,000

1,403,890

Verizon

Communications,

Inc.

28,000

1,293,320

6,420,842

Consumer

Discretionary

—

10.83%

Advance

Auto

Parts,

Inc.

7,000

1,355,340

Amazon.com,

Inc.

(a)

8,500

1,147,075

Best

Buy

Co.,

Inc.

14,000

1,077,860

D.R.

Horton,

Inc.

17,800

1,388,934

Home

Depot,

Inc.

(The)

2,900

872,726

Tapestry,

Inc.

39,000

1,311,570

Tractor

Supply

Co.

3,400

651,032

Ulta

Beauty,

Inc.

(a)

1,900

738,929

8,543,466

Consumer

Staples

—

6.58%

Darling

Ingredients,

Inc.

(a)

21,400

1,482,592

General

Mills,

Inc.

22,400

1,675,296

Kimberly-Clark

Corp.

6,800

896,172

Mondelez

International,

Inc.,

Class

A

17,800

1,139,912

5,193,972

Energy

—

4.23%

ConocoPhillips

5,000

487,150

Ovintiv,

Inc.

10,000

510,900

Pioneer

Natural

Resources

Co.

5,400

1,279,530

Williams

Cos.,

Inc.

(The)

31,000

1,056,790

3,334,370

Financials

—

8.72%

Allstate

Corp.

(The)

11,400

1,333,458

American

Express

Co.

9,200

1,416,984

Bank

of

New

York

Mellon

Corp.

(The)

31,000

1,347,260

Morgan

Stanley

16,000

1,348,800

Truist

Financial

Corp.

28,400

1,433,348

6,879,850

Health

Care

—

14.29%

Cigna

Corp.

6,500

1,789,840

Dana

Epiphany

ESG

Equity

Fund

Schedule

of

Investments

(continued)

July

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

98.60%

-

(continued)

Shares

Fair

Value

Health

Care

—

14.29%

-

(continued)

CVS

Health

Corp.

16,200

$

1,550,016

Envista

Holdings

Corp.

(a)

38,000

1,544,700

Horizon

Therapeutics

PLC

(a)

16,600

1,377,302

IQVIA

Holdings,

Inc.

(a)

7,200

1,729,944

Syneos

Health,

Inc.

(a)

21,000

1,661,940

Zoetis,

Inc.,

Class

A

8,900

1,624,695

11,278,437

Industrials

—

9.80%

Deere

&

Co.

4,500

1,544,310

Norfolk

Southern

Corp.

6,100

1,532,137

Regal-Beloit

Corp.

11,600

1,557,880

TE

Connectivity

Ltd.

11,000

1,471,030

W.W.

Grainger,

Inc.

3,000

1,630,590

7,735,947

Materials

—

2.80%

Avery

Dennison

Corp.

5,900

1,123,714

Nucor

Corp.

8,000

1,086,400

2,210,114

Real

Estate

—

4.38%

American

Tower

Corp.,

Class

A

2,200

595,826

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc.

35,000

1,263,150

Iron

Mountain,

Inc.

23,000

1,115,270

Spirit

Realty

Capital,

Inc.

11,000

487,740

3,461,986

Technology

—

25.86%

Accenture

PLC,

Class

A

4,700

1,439,422

Advanced

Micro

Devices,

Inc.

(a)

17,600

1,662,672

Analog

Devices,

Inc.

9,400

1,616,424

Apple,

Inc.

17,400

2,827,674

Cadence

Design

Systems,

Inc.

(a)

8,400

1,563,072

CDW

Corp.

8,400

1,524,852

Cisco

Systems,

Inc.

28,000

1,270,360

Cognizant

Technology

Solutions

Corp.,

Class

A

19,000

1,291,240

Fidelity

National

Information

Services,

Inc.

14,000

1,430,240

Lam

Research

Corp.

3,300

1,651,683

Microsoft

Corp.

9,400

2,638,956

Dana

Epiphany

ESG

Equity

Fund

Schedule

of

Investments

(continued)

July

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

98.60%

-

(continued)

Shares

Fair

Value

Technology

—

25.86%

-

(continued)

Visa,

Inc.,

Class

A

7,000

$

1,484,770

20,401,365

Utilities

—

2.97%

Avangrid,

Inc.

7,400

360,602

Eversource

Energy

10,000

882,200

NextEra

Energy,

Inc.

13,000

1,098,370

2,341,172

Total

Common

Stocks

(Cost $74,008,333)

77,801,521

MONEY

MARKET

FUNDS

—

1.28%

Fidelity

Investments

Money

Market

Government

Portfolio,

Institutional

Class,

1.68%

(b)

1,008,889

1,008,889

Total

Money

Market

Funds

(Cost

$1,008,889)

1,008,889

Total

Investments

—

99.88%

(Cost

$75,017,222)

78,810,410

Other

Assets

in

Excess

of

Liabilities — 0.12%

93,943

NET

ASSETS

—

100.00%

$

78,904,353

(a)

Non-income

producing

security.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

July

31,

2022.