Valued Advisers Trust NPORT-P Summitry Equity Fund (Oct 2022 report)

Summitry

Equity

Fund

Schedule

of

Investments

October

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

97.71%

Shares

Fair

Value

Communications

—

18.49%

Alphabet,

Inc.,

Class

A

(a)

40,360‌

$

3,814,423‌

Meta

Platforms,

Inc.,

Class

A

(a)

17,010‌

1,584,652‌

Netflix,

Inc.

(a)

7,352‌

2,145,902‌

Walt

Disney

Co.

(The)

(a)

27,550‌

2,935,177‌

10,480,154‌

Consumer

Discretionary

—

24.39%

Amazon.com,

Inc.

(a)

10,760‌

1,102,254‌

CarMax,

Inc.

(a)

35,318‌

2,225,387‌

Dollar

General

Corp.

5,287‌

1,348,449‌

Lowe's

Companies,

Inc.

11,159‌

2,175,447‌

Ross

Stores,

Inc.

33,360‌

3,192,219‌

Starbucks

Corp.

24,128‌

2,089,244‌

Ulta

Beauty,

Inc.

(a)

4,046‌

1,696,771‌

13,829,771‌

Financials

—

11.37%

Berkshire

Hathaway,

Inc.,

Class

B

(a)

9,778‌

2,885,390‌

Charles

Schwab

Corp.

(The)

23,800‌

1,896,146‌

Wells

Fargo

&

Co.

36,142‌

1,662,171‌

6,443,707‌

Health

Care

—

5.64%

Agilent

Technologies,

Inc.

13,234‌

1,830,924‌

Medtronic

PLC

15,630‌

1,365,124‌

3,196,048‌

Industrials

—

4.42%

Northrop

Grumman

Corp.

2,218‌

1,217,704‌

W.W.

Grainger,

Inc.

2,203‌

1,287,323‌

2,505,027‌

Technology

—

33.40%

Fiserv,

Inc.

(a)

33,915‌

3,484,428‌

Mastercard,

Inc.,

Class

A

7,019‌

2,303,495‌

Microsoft

Corp.

11,600‌

2,692,708‌

Nintendo

Co.

Ltd.

-

ADR

170,175‌

1,722,171‌

Salesforce.com,

Inc.

(a)

9,555‌

1,553,547‌

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

-

ADR

30,199‌

1,858,748‌

Visa,

Inc.,

Class

A

14,477‌

2,999,056‌

Zebra

Technologies

Corp.,

Class

A

(a)

8,214‌

2,326,369‌

18,940,522‌

Total

Common

Stocks

(Cost $44,599,741)

55,395,229‌

MONEY

MARKET

FUNDS

-

2.44%

Fidelity

Investments

Money

Market

Government

Portfolio,

Institutional

Class,

2.91%

(b)

1,383,452‌

1,383,452‌

Total

Money

Market

Funds

(Cost

$1,383,452)

1,383,452‌

Summitry

Equity

Fund

Schedule

of

Investments

(continued)

October

31,

2022

-

(Unaudited)

Total

Investments

—

100.15%

(Cost

$45,983,193)

$

56,778,681‌

Liabilities

in

Excess

of

Other

Assets — (0.15)%

(84,191‌)

NET

ASSETS

—

100.00%

$

56,694,490‌

(a)

Non-income

producing

security.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

October

31,

2022.

ADR

-

American

Depositary

Receipt