Valued Advisers Trust NPORT-P Dana Epiphany Esg Equity Fund (Jan 2023 report)

Dana

Large

Cap

Equity

Fund

Schedule

of

Investments

January

31,

2023

-

(Unaudited)

COMMON

STOCKS

—

99.22%

Shares

Fair

Value

Communications

—

7.77%

Alphabet,

Inc.,

Class

A

(a)

35,000‌

$

3,459,400‌

AT&T,

Inc.

1,000‌

20,370‌

Comcast

Corp.,

Class

A

50,000‌

1,967,500‌

Interpublic

Group

of

Cos.,

Inc.

53,000‌

1,932,380‌

Verizon

Communications,

Inc.

6,000‌

249,420‌

Walt

Disney

Co.

(The)

(a)

3,000‌

325,470‌

7,954,540‌

Consumer

Discretionary

—

10.36%

Amazon.com,

Inc.

(a)

23,400‌

2,413,242‌

BorgWarner,

Inc.

7,000‌

330,960‌

D.R.

Horton,

Inc.

12,400‌

1,223,756‌

Home

Depot,

Inc.

(The)

5,000‌

1,620,850‌

Tapestry,

Inc.

43,000‌

1,959,510‌

Ulta

Beauty,

Inc.

(a)

3,700‌

1,901,652‌

Vail

Resorts,

Inc.

4,400‌

1,154,296‌

10,604,266‌

Consumer

Staples

—

6.68%

Keurig

Dr

Pepper,

Inc.

15,000‌

529,200‌

Kimberly-Clark

Corp.

11,000‌

1,430,110‌

Mondelez

International,

Inc.,

Class

A

29,000‌

1,897,760‌

PepsiCo,

Inc.

6,500‌

1,111,630‌

Walmart,

Inc.

13,000‌

1,870,310‌

6,839,010‌

Energy

—

5.02%

Cheniere

Energy,

Inc.

2,600‌

397,254‌

Chevron

Corp.

500‌

87,010‌

ConocoPhillips

11,600‌

1,413,692‌

Exxon

Mobil

Corp.

1,000‌

116,010‌

Ovintiv,

Inc.

26,000‌

1,279,980‌

Pioneer

Natural

Resources

Co.

8,000‌

1,842,800‌

5,136,746‌

Financials

—

11.61%

Allstate

Corp.

(The)

14,000‌

1,798,580‌

American

Express

Co.

11,400‌

1,994,202‌

Bank

of

America

Corp.

57,000‌

2,022,360‌

Bank

of

New

York

Mellon

Corp.

(The)

40,000‌

2,022,800‌

Interactive

Brokers

Group,

Inc.,

Class

A

25,400‌

2,030,476‌

JPMorgan

Chase

&

Co.

4,000‌

559,840‌

Morgan

Stanley

1,000‌

97,330‌

Wells

Fargo

&

Co.

29,000‌

1,359,230‌

11,884,818‌

Health

Care

—

14.61%

Abbott

Laboratories

18,600‌

2,056,230‌

AbbVie,

Inc.

13,800‌

2,038,950‌

Bristol-Myers

Squibb

Co.

26,000‌

1,888,900‌

CVS

Health

Corp.

25,000‌

2,205,500‌

Dana

Large

Cap

Equity

Fund

Schedule

of

Investments

(continued)

January

31,

2023

-

(Unaudited)

COMMON

STOCKS

—

99.22%

-

(continued)

Shares

Fair

Value

Health

Care

—

14.61%

-

(continued)

McKesson

Corp.

6,000‌

$

2,272,080‌

Merck

&

Co.,

Inc.

22,400‌

2,405,984‌

UnitedHealth

Group,

Inc.

4,200‌

2,096,598‌

14,964,242‌

Industrials

—

10.27%

Boeing

Co.

(The)

(a)

200‌

42,600‌

Deere

&

Co.

4,500‌

1,902,780‌

Dover

Corp.

10,800‌

1,639,764‌

Norfolk

Southern

Corp.

7,400‌

1,818,994‌

Parker-Hannifin

Corp.

6,000‌

1,956,000‌

Raytheon

Technologies

Corp.

13,000‌

1,298,050‌

TE

Connectivity

Ltd.

14,600‌

1,856,390‌

10,514,578‌

Materials

—

2.80%

Albemarle

Corp.

2,700‌

759,915‌

Avery

Dennison

Corp.

6,600‌

1,250,304‌

Packaging

Corp.

of

America

6,000‌

856,200‌

2,866,419‌

Real

Estate

—

2.77%

American

Tower

Corp.,

Class

A

400‌

89,356‌

Gaming

and

Leisure

Properties,

Inc.

26,800‌

1,435,408‌

Iron

Mountain,

Inc.

24,000‌

1,309,920‌

2,834,684‌

Technology

—

24.45%

Accenture

PLC,

Class

A

6,600‌

1,841,730‌

Adobe,

Inc.

(a)

4,600‌

1,703,564‌

Analog

Devices,

Inc.

11,000‌

1,886,170‌

Apple,

Inc.

28,000‌

4,040,120‌

Broadcom,

Inc.

3,600‌

2,106,036‌

CDW

Corp.

10,000‌

1,960,300‌

Cisco

Systems,

Inc.

28,000‌

1,362,760‌

Fiserv,

Inc.

(a)

18,000‌

1,920,240‌

Microchip

Technology,

Inc.

17,000‌

1,319,540‌

Microsoft

Corp.

14,000‌

3,469,340‌

Visa,

Inc.,

Class

A

8,600‌

1,979,806‌

Workday,

Inc.,

Class

A

(a)

8,000‌

1,451,440‌

25,041,046‌

Utilities

—

2.88%

Eversource

Energy

18,600‌

1,531,338‌

NextEra

Energy,

Inc.

19,000‌

1,417,970‌

2,949,308‌

Total

Common

Stocks

(Cost $79,818,364)

101,589,657‌

MONEY

MARKET

FUNDS

—

0.45%

Fidelity

Investments

Money

Market

Government

Portfolio,

Institutional

Class,

4.24%

(b)

463,413‌

463,413‌

Dana

Large

Cap

Equity

Fund

Schedule

of

Investments

(continued)

January

31,

2023

-

(Unaudited)

MONEY

MARKET

FUNDS

—

0.45%

-

(continued)

Total

Money

Market

Funds

(Cost

$463,413)

$

463,413‌

Total

Investments

—

99.67%

(Cost

$80,281,777)

102,053,070‌

Other

Assets

in

Excess

of

Liabilities — 0.33%

342,639‌

NET

ASSETS

—

100.00%

$

102,395,709‌

(a)

Non-income

producing

security.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

January

31,

2023.

Dana

Epiphany

ESG

Small

Cap

Equity

Fund

Schedule

of

Investments

January

31,

2023

-

(Unaudited)

COMMON

STOCKS

—

98.48%

Shares

Fair

Value

Consumer

Discretionary

—

10.65%

Bloomin'

Brands,

Inc.

20,820

$

504,885

Boot

Barn

Holdings,

Inc.

(a)

7,018

585,933

Deckers

Outdoor

Corp.

(a)

1,113

475,785

GMS,

Inc.

8,082

479,424

Group

1

Automotive,

Inc.

2,087

446,305

Malibu

Boats,

Inc.,

Class

A

(a)

6,619

401,045

2,893,377

Consumer

Staples

—

3.16%

e.l.f.

Beauty,

Inc.

(a)

7,995

460,113

Simply

Good

Foods

Co.

(The)

(a)

11,001

399,336

859,449

Energy

—

6.67%

Chord

Energy

Corp.

2,967

425,260

EnerSys

5,965

495,214

Matador

Resources

Co.

7,157

473,507

Ovintiv,

Inc.

8,516

419,243

1,813,224

Financials

—

16.72%

AXIS

Capital

Holdings

Ltd.

8,839

553,056

Evercore,

Inc.,

Class

A

3,962

514,307

Pinnacle

Financial

Partners,

Inc.

6,183

486,788

Primerica,

Inc.

3,024

489,132

SouthState

Corp.

5,930

472,028

Stifel

Financial

Corp.

7,977

537,730

Synovus

Financial

Corp.

12,578

527,648

Veritex

Holdings,

Inc.

15,654

440,660

Wintrust

Financial

Corp.

5,701

521,470

4,542,819

Health

Care

—

16.37%

Axsome

Therapeutics,

Inc.

(a)

5,498

412,350

Blueprint

Medicines

Corp.

(a)

7,219

337,416

Cytokinetics,

Inc.

(a)

5,652

240,097

Deciphera

Pharmaceuticals,

Inc.

(a)

11,515

195,870

Denali

Therapeutics,

Inc.

(a)

6,818

206,381

DocGo,

Inc.

(a)

57,159

571,590

Ensign

Group,

Inc.

(The)

5,909

551,014

Envista

Holdings

Corp.

(a)

14,387

560,949

Dana

Epiphany

ESG

Small

Cap

Equity

Fund

Schedule

of

Investments

(continued)

January

31,

2023

-

(Unaudited)

COMMON

STOCKS

—

98.48%

-

(continued)

Shares

Fair

Value

Health

Care

—

16.37%

-

(continued)

Halozyme

Therapeutics,

Inc.

(a)

3,492

$

180,781

Harmony

Biosciences

Holdings,

Inc.

(a)

5,801

279,434

ShockWave

Medical,

Inc.

(a)

2,847

535,037

TG

Therapeutics,

Inc.

(a)

12,889

196,299

Travere

Therapeutics,

Inc.

(a)

8,107

181,597

4,448,815

Industrials

—

13.91%

Atkore,

Inc.

(a)

3,664

477,236

Cactus,

Inc.,

Class

A

8,316

449,979

Clean

Harbors,

Inc.

(a)

3,738

487,062

FTI

Consulting,

Inc.

(a)

2,710

432,299

Hub

Group,

Inc.,

Class

A

(a)

5,361

457,132

John

Bean

Technologies

Corp.

4,454

497,645

MasTec,

Inc.

(a)

4,947

485,944

TopBuild

Corp.

(a)

2,461

492,348

3,779,645

Materials

—

6.43%

Advanced

Drainage

Systems,

Inc.

5,059

510,149

Avient

Corp.

10,351

419,423

Element

Solutions,

Inc.

19,450

398,336

Summit

Materials,

Inc.,

Class

A

(a)

12,759

419,261

1,747,169

Real

Estate

—

7.64%

Agree

Realty

Corp.

5,306

395,987

Global

Medical

REIT,

Inc.

42,144

473,277

Radius

Global

Infrastructure,

Inc.,

Class

A

(a)

27,655

372,513

Spirit

Realty

Capital,

Inc.

10,225

448,673

STAG

Industrial,

Inc.

10,806

384,694

2,075,144

Technology

—

13.78%

ADTRAN

Holdings,

Inc.

23,578

444,917

Axcelis

Technologies,

Inc.

(a)

4,028

442,878

Box,

Inc.,

Class

A

(a)

13,308

425,722

i3

Verticals,

Inc.,

Class

A

(a)

14,547

420,699

Lattice

Semiconductor

Corp.

(a)

5,773

437,536

Perficient,

Inc.

(a)

5,064

375,445

Perion

Network

Ltd.

(a)

10,883

364,581

Dana

Epiphany

ESG

Small

Cap

Equity

Fund

Schedule

of

Investments

(continued)

January

31,

2023

-

(Unaudited)

REIT

–

Real

Estate

Investment

Trust

COMMON

STOCKS

—

98.48%

-

(continued)

Shares

Fair

Value

Technology

—

13.78%

-

(continued)

Tenable

Holdings,

Inc.

(a)

10,208

$

410,668

Veeco

Instruments,

Inc.

(a)

21,189

420,814

3,743,260

Utilities

—

3.15%

Chesapeake

Utilities

Corp.

3,393

427,789

Clearway

Energy,

Inc.,

Class

C

12,691

428,829

856,618

Total

Common

Stocks

(Cost $24,786,206)

26,759,520

MONEY

MARKET

FUNDS

—

1.30%

Fidelity

Investments

Money

Market

Government

Portfolio,

Institutional

Class,

4.24%

(b)

353,627

353,627

Total

Money

Market

Funds

(Cost

$353,627)

353,627

Total

Investments

—

99.78%

(Cost

$25,139,833)

27,113,147

Other

Assets

in

Excess

of

Liabilities — 0.22%

58,451

NET

ASSETS

—

100.00%

$

27,171,598

(a)

Non-income

producing

security.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

January

31,

2023.

Dana

Epiphany

ESG

Equity

Fund

Schedule

of

Investments

January

31,

2023

-

(Unaudited)

COMMON

STOCKS

—

98.59%

Shares

Fair

Value

Communications

—

7.70%

Alphabet,

Inc.,

Class

A

(a)

14,800

$

1,462,832

Alphabet,

Inc.,

Class

C

(a)

4,600

459,402

Comcast

Corp.,

Class

A

30,000

1,180,500

Interpublic

Group

of

Cos.,

Inc.

31,600

1,152,136

Verizon

Communications,

Inc.

6,800

282,676

Walt

Disney

Co.

(The)

(a)

2,900

314,621

4,852,167

Consumer

Discretionary

—

10.24%

Amazon.com,

Inc.

(a)

4,800

495,024

BorgWarner,

Inc.

23,000

1,087,440

D.R.

Horton,

Inc.

9,400

927,686

Home

Depot,

Inc.

(The)

3,100

1,004,927

Tapestry,

Inc.

27,400

1,248,618

Tractor

Supply

Co.

2,200

501,578

Ulta

Beauty,

Inc.

(a)

2,300

1,182,108

6,447,381

Consumer

Staples

—

6.53%

Darling

Ingredients,

Inc.

(a)

16,400

1,087,156

General

Mills,

Inc.

13,600

1,065,696

Kimberly-Clark

Corp.

6,800

884,068

Mondelez

International,

Inc.,

Class

A

16,400

1,073,216

4,110,136

Energy

—

4.90%

Cheniere

Energy,

Inc.

6,000

916,740

ConocoPhillips

1,000

121,870

Ovintiv,

Inc.

21,000

1,033,830

Pioneer

Natural

Resources

Co.

4,400

1,013,540

3,085,980

Financials

—

9.86%

Allstate

Corp.

(The)

4,000

513,880

American

Express

Co.

7,500

1,311,975

Bank

of

New

York

Mellon

Corp.

(The)

25,200

1,274,364

Chubb

Ltd.

3,400

773,466

Cigna

Corp.

4,000

1,266,680

Morgan

Stanley

11,000

1,070,630

6,210,995

Dana

Epiphany

ESG

Equity

Fund

Schedule

of

Investments

(continued)

January

31,

2023

-

(Unaudited)

COMMON

STOCKS

—

98.59%

-

(continued)

Shares

Fair

Value

Health

Care

—

14.84%

CVS

Health

Corp.

14,200

$

1,252,724

Halozyme

Therapeutics,

Inc.

(a)

23,800

1,232,126

Humana,

Inc.

2,500

1,279,250

IQVIA

Holdings,

Inc.

(a)

6,300

1,445,283

STERIS

PLC

7,200

1,486,872

Truist

Financial

Corp.

24,600

1,214,994

Zoetis,

Inc.,

Class

A

8,700

1,439,763

9,351,012

Industrials

—

9.82%

Deere

&

Co.

2,900

1,226,236

Norfolk

Southern

Corp.

5,000

1,229,050

Regal-Beloit

Corp.

9,700

1,350,240

TE

Connectivity

Ltd.

8,500

1,080,775

W.W.

Grainger,

Inc.

2,200

1,296,856

6,183,157

Materials

—

2.78%

Albemarle

Corp.

2,300

647,335

Avery

Dennison

Corp.

2,800

530,432

Packaging

Corp.

of

America

4,000

570,800

1,748,567

Real

Estate

—

4.88%

American

Tower

Corp.,

Class

A

1,800

402,102

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc.

37,000

1,365,670

Iron

Mountain,

Inc.

15,000

818,700

Spirit

Realty

Capital,

Inc.

11,000

482,680

3,069,152

Technology

—

24.33%

Accenture

PLC,

Class

A

4,200

1,172,010

Analog

Devices,

Inc.

6,500

1,114,555

Apple,

Inc.

14,400

2,077,776

Cadence

Design

Systems,

Inc.

(a)

6,400

1,170,112

CDW

Corp.

5,800

1,136,974

Cisco

Systems,

Inc.

24,000

1,168,080

Fiserv,

Inc.

(a)

11,000

1,173,480

Lam

Research

Corp.

1,600

800,160

Microchip

Technology,

Inc.

15,600

1,210,872

Microsoft

Corp.

8,000

1,982,480

Dana

Epiphany

ESG

Equity

Fund

Schedule

of

Investments

(continued)

January

31,

2023

-

(Unaudited)

COMMON

STOCKS

—

98.59%

-

(continued)

Shares

Fair

Value

Technology

—

24.33%

-

(continued)

Visa,

Inc.,

Class

A

5,200

$

1,197,092

Workday,

Inc.,

Class

A

(a)

6,200

1,124,866

15,328,457

Utilities

—

2.71%

Eversource

Energy

11,000

905,630

NextEra

Energy,

Inc.

10,700

798,541

1,704,171

Total

Common

Stocks

(Cost $60,121,137)

62,091,175

MONEY

MARKET

FUNDS

—

1.98%

Fidelity

Investments

Money

Market

Government

Portfolio,

Institutional

Class,

4.24%

(b)

1,249,035

1,249,035

Total

Money

Market

Funds

(Cost

$1,249,035)

1,249,035

Total

Investments

—

100.57%

(Cost

$61,370,172)

63,340,210

Liabilities

in

Excess

of

Other

Assets — (0.57)%

(361,495

)

NET

ASSETS

—

100.00%

$

62,978,715

(a)

Non-income

producing

security.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

January

31,

2023.