Valued Advisers Trust NPORT-P Dana Epiphany Small Cap Equity Fund (Jul 2024 report)

Dana

Large

Cap

Equity

Fund

Schedule

of

Investments

July

31,

2024

-

(Unaudited)

COMMON

STOCKS

—

99.02%

Shares

Fair

Value

Communications

—

10.31%

Alphabet,

Inc.,

Class

A

17,000‌

$

2,916,180‌

Comcast

Corp.,

Class

A

21,000‌

866,670‌

Meta

Platforms,

Inc.,

Class

A

3,200‌

1,519,456‌

T-Mobile

US,

Inc.

5,600‌

1,020,768‌

Uber

Technologies,

Inc.

(a)

15,000‌

967,050‌

7,290,124‌

Consumer

Discretionary

—

9.91%

Amazon.com,

Inc.

(a)

14,600‌

2,729,908‌

PulteGroup,

Inc.

10,600‌

1,399,200‌

Restaurant

Brands

International,

Inc.

16,400‌

1,147,836‌

Royal

Caribbean

Cruises

Ltd.

5,000‌

783,600‌

TJX

Cos.,

Inc.

(The)

8,400‌

949,368‌

7,009,912‌

Consumer

Staples

—

5.88%

Kimberly-Clark

Corp.

7,700‌

1,039,885‌

Kroger

Co.

(The)

23,000‌

1,253,500‌

Mondelez

International,

Inc.,

Class

A

5,400‌

369,090‌

Sysco

Corp.

16,800‌

1,287,720‌

Walmart,

Inc.

3,000‌

205,920‌

4,156,115‌

Energy

—

3.63%

Diamondback

Energy,

Inc.

4,500‌

910,395‌

Exxon

Mobil

Corp.

3,500‌

415,065‌

Marathon

Petroleum

Corp.

7,000‌

1,239,140‌

2,564,600‌

Financials

—

11.02%

American

Express

Co.

5,300‌

1,341,112‌

Bank

of

America

Corp.

1,000‌

40,310‌

Bank

of

New

York

Mellon

Corp.

(The)

21,800‌

1,418,526‌

Interactive

Brokers

Group,

Inc.,

Class

A

10,200‌

1,216,554‌

JPMorgan

Chase

&

Co.

5,200‌

1,106,560‌

Reinsurance

Group

of

America,

Inc.

6,300‌

1,420,209‌

Wells

Fargo

&

Co.

21,000‌

1,246,140‌

7,789,411‌

Health

Care

—

9.96%

AbbVie,

Inc.

6,600‌

1,223,112‌

Eli

Lilly

&

Co.

1,260‌

1,013,380‌

IQVIA

Holdings,

Inc.

(a)

4,400‌

1,083,412‌

McKesson

Corp.

2,200‌

1,357,444‌

Merck

&

Co.,

Inc.

9,200‌

1,040,796‌

UnitedHealth

Group,

Inc.

2,300‌

1,325,168‌

7,043,312‌

Industrials

—

8.45%

Boston

Scientific

Corp.

(a)

16,000‌

1,182,080‌

Caterpillar,

Inc.

3,400‌

1,177,080‌

Delta

Air

Lines,

Inc.

23,000‌

989,460‌

Dana

Large

Cap

Equity

Fund

Schedule

of

Investments

(continued)

July

31,

2024

-

(Unaudited)

COMMON

STOCKS

—

99.02%

-

(continued)

Shares

Fair

Value

Industrials

—

8.45%

-

(continued)

Huntington

Ingalls

Industries,

Inc.

5,000‌

$

1,399,900‌

Parker-Hannifin

Corp.

2,180‌

1,223,329‌

5,971,849‌

Materials

—

2.42%

Graphic

Packaging

Holding

Co.

28,600‌

860,860‌

Linde

PLC

1,880‌

852,580‌

1,713,440‌

Real

Estate

—

2.37%

Gaming

and

Leisure

Properties,

Inc.

17,100‌

858,420‌

Iron

Mountain,

Inc.

8,000‌

820,480‌

1,678,900‌

Technology

—

32.73%

Adobe,

Inc.

(a)

2,140‌

1,180,531‌

Apple,

Inc.

21,600‌

4,796,928‌

Broadcom,

Inc.

11,000‌

1,767,480‌

Dell

Technologies,

Inc.,

Class

C

11,900‌

1,352,792‌

Microsoft

Corp.

11,400‌

4,769,190‌

NVIDIA

Corp.

38,000‌

4,446,760‌

Qualcomm,

Inc.

3,600‌

651,420‌

Salesforce.com,

Inc.

3,960‌

1,024,848‌

ServiceNow,

Inc.

(a)

1,200‌

977,268‌

Visa,

Inc.,

Class

A

4,600‌

1,222,082‌

Workday,

Inc.,

Class

A

(a)

4,200‌

953,904‌

23,143,203‌

Utilities

—

2.34%

CenterPoint

Energy,

Inc.

28,400‌

788,100‌

NextEra

Energy,

Inc.

11,300‌

863,207‌

1,651,307‌

Total

Common

Stocks

(Cost $44,109,042)

70,012,173‌

MONEY

MARKET

FUNDS

—

0.93%

Fidelity

Investments

Money

Market

Government

Portfolio,

Institutional

Class,

5.26%

(b)

660,640‌

660,640‌

Total

Money

Market

Funds

(Cost

$660,640)

660,640‌

Total

Investments

—

99.95%

(Cost

$44,769,682)

70,672,813‌

Other

Assets

in

Excess

of

Liabilities — 0.05%

33,039‌

NET

ASSETS

—

100.00%

$

70,705,852‌

(a)

Non-income

producing

security.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

July

31,

2024.

Dana

Epiphany

Small

Cap

Equity

Fund

Schedule

of

Investments

July

31,

2024

-

(Unaudited)

COMMON

STOCKS

—

98.64%

Shares

Fair

Value

Communications

—

1.38%

Magnite,

Inc.

(a)

31,901

$

463,841

Consumer

Discretionary

—

10.76%

American

Eagle

Outfitters,

Inc.

24,466

539,475

Bloomin'

Brands,

Inc.

22,680

472,878

Boot

Barn

Holdings,

Inc.

(a)

5,137

685,687

GMS,

Inc.

(a)

6,308

607,019

Group

1

Automotive,

Inc.

1,866

682,434

Modine

Manufacturing

Co.

(a)

5,432

639,129

3,626,622

Consumer

Staples

—

2.82%

e.l.f.

Beauty,

Inc.

(a)

2,796

482,534

Simply

Good

Foods

Co.

(The)

(a)

13,771

467,112

949,646

Energy

—

4.57%

Chord

Energy

Corp.

3,020

518,413

Matador

Resources

Co.

9,030

555,164

Weatherford

International

PLC

(a)

3,959

466,608

1,540,185

Financials

—

15.01%

Atlantic

Union

Bancshares

Corp.

14,790

610,679

AXIS

Capital

Holdings

Ltd.

7,622

577,367

Evercore,

Inc.,

Class

A

2,542

636,491

Pinnacle

Financial

Partners,

Inc.

5,252

505,873

Primerica,

Inc.

2,113

531,990

SouthState

Corp.

6,139

607,577

Stifel

Financial

Corp.

6,117

542,394

Synovus

Financial

Corp.

11,568

540,804

Wintrust

Financial

Corp.

4,697

508,215

5,061,390

Health

Care

—

16.67%

Alkermes

PLC

(a)

8,733

238,586

Axsome

Therapeutics,

Inc.

(a)

7,281

635,704

Blueprint

Medicines

Corp.

(a)

5,064

548,431

Cytokinetics,

Inc.

(a)

5,169

305,023

Denali

Therapeutics,

Inc.

(a)

11,835

288,419

Ensign

Group,

Inc.

(The)

5,253

739,360

Insmed,

Inc.

(a)

7,663

557,483

Dana

Epiphany

Small

Cap

Equity

Fund

Schedule

of

Investments

(continued)

July

31,

2024

-

(Unaudited)

COMMON

STOCKS

—

98.64%

-

(continued)

Shares

Fair

Value

Health

Care

—

16.67%

-

(continued)

Lantheus

Holdings,

Inc.

(a)

6,370

$

667,767

Madrigal

Pharmaceuticals,

Inc.

(a)

1,272

362,088

Olema

Pharmaceuticals,

Inc.

(a)

22,748

367,608

TG

Therapeutics,

Inc.

(a)

12,267

242,396

TransMedics

Group,

Inc.

(a)

4,712

670,328

5,623,193

Industrials

—

15.21%

Applied

Industrial

Technologies,

Inc.

3,039

663,079

Atkore,

Inc.

4,105

554,175

Cactus,

Inc.,

Class

A

9,019

569,279

Clean

Harbors,

Inc.

(a)

2,940

701,866

FTI

Consulting,

Inc.

(a)

2,675

583,070

Hub

Group,

Inc.,

Class

A

12,949

605,625

Installed

Building

Products,

Inc.

2,420

654,247

Powell

Industries,

Inc.

4,345

797,873

5,129,214

Materials

—

6.35%

Advanced

Drainage

Systems,

Inc.

3,435

608,132

Avient

Corp.

10,900

493,116

Eagle

Materials,

Inc.

1,946

529,896

Element

Solutions,

Inc.

18,961

510,999

2,142,143

Real

Estate

—

5.68%

Agree

Realty

Corp.

9,451

651,835

STAG

Industrial,

Inc.

15,508

632,881

Tanger

Factory

Outlet

Centers,

Inc.

21,761

628,893

1,913,609

Technology

—

17.56%

Axcelis

Technologies,

Inc.

(a)

4,297

542,926

Couchbase,

Inc.

(a)

28,943

555,416

ExlService

Holdings,

Inc.

(a)

18,106

638,418

i3

Verticals,

Inc.,

Class

A

(a)

21,079

516,646

Lattice

Semiconductor

Corp.

(a)

9,203

487,759

PDF

Solutions,

Inc.

(a)

16,489

578,599

Perficient,

Inc.

(a)

7,346

553,962

PubMatic,

Inc.,

Class

A

(a)

15,199

333,770

SPS

Commerce,

Inc.

(a)

2,781

599,083

Dana

Epiphany

Small

Cap

Equity

Fund

Schedule

of

Investments

(continued)

July

31,

2024

-

(Unaudited)

COMMON

STOCKS

—

98.64%

-

(continued)

Shares

Fair

Value

Technology

—

17.56%

-

(continued)

Tenable

Holdings,

Inc.

(a)

11,184

$

513,569

Veeco

Instruments,

Inc.

(a)

14,577

603,634

5,923,782

Utilities

—

2.63%

Chesapeake

Utilities

Corp.

3,741

441,550

Clearway

Energy,

Inc.,

Class

C

16,666

444,649

886,199

Total

Common

Stocks

(Cost $25,462,417)

33,259,824

MONEY

MARKET

FUNDS

—

1.04%

Fidelity

Investments

Money

Market

Government

Portfolio,

Institutional

Class,

5.26%

(b)

349,956

349,956

Total

Money

Market

Funds

(Cost

$349,956)

349,956

Total

Investments

—

99.68%

(Cost

$25,812,373)

33,609,780

Other

Assets

in

Excess

of

Liabilities — 0.32%

108,351

NET

ASSETS

—

100.00%

$

33,718,131

(a)

Non-income

producing

security.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

July

31,

2024.

Dana

Epiphany

Equity

Fund

Schedule

of

Investments

July

31,

2024

-

(Unaudited)

COMMON

STOCKS

—

98.72%

Shares

Fair

Value

Communications

—

9.81%

Alphabet,

Inc.,

Class

A

11,400

$

1,955,556

Alphabet,

Inc.,

Class

C

3,800

657,970

Magnite,

Inc.

(a)

50,000

727,000

Meta

Platforms,

Inc.,

Class

A

2,900

1,377,007

T-Mobile

US,

Inc.

5,500

1,002,540

Uber

Technologies,

Inc.

(a)

9,500

612,465

6,332,538

Consumer

Discretionary

—

9.78%

Amazon.com,

Inc.

(a)

13,000

2,430,740

Autoliv,

Inc.

9,200

930,488

Home

Depot,

Inc.

(The)

1,600

589,056

PulteGroup,

Inc.

10,000

1,320,000

Tapestry,

Inc.

26,000

1,042,340

6,312,624

Consumer

Staples

—

5.77%

General

Mills,

Inc.

14,400

966,816

Kimberly-Clark

Corp.

9,200

1,242,460

Mondelez

International,

Inc.,

Class

A

4,200

287,070

Sysco

Corp.

16,000

1,226,400

3,722,746

Energy

—

3.50%

Diamondback

Energy,

Inc.

4,800

971,088

Exxon

Mobil

Corp.

3,900

462,501

Weatherford

International

PLC

(a)

7,000

825,020

2,258,609

Financials

—

7.71%

American

Express

Co.

4,900

1,239,896

Bank

of

New

York

Mellon

Corp.

(The)

21,000

1,366,470

JPMorgan

Chase

&

Co.

4,800

1,021,440

Reinsurance

Group

of

America,

Inc.

6,000

1,352,580

4,980,386

Health

Care

—

10.11%

Cigna

Corp.

3,400

1,185,478

CVS

Health

Corp.

13,800

832,554

Elevance

Health,

Inc.

2,300

1,223,669

IQVIA

Holdings,

Inc.

(a)

4,800

1,181,904

ResMed,

Inc.

4,800

1,023,600

Dana

Epiphany

Equity

Fund

Schedule

of

Investments

(continued)

July

31,

2024

-

(Unaudited)

COMMON

STOCKS

—

98.72%

-

(continued)

Shares

Fair

Value

Health

Care

—

10.11%

-

(continued)

Zoetis,

Inc.,

Class

A

6,000

$

1,080,240

6,527,445

Industrials

—

10.97%

Boston

Scientific

Corp.

(a)

16,000

1,182,080

Clean

Harbors,

Inc.

(a)

4,600

1,098,158

Howmet

Aerospace

Inc.

14,800

1,416,360

Johnson

Controls

International

PLC

16,600

1,187,564

nVent

Electric

PLC

15,000

1,089,450

TE

Connectivity

Ltd.

7,200

1,111,176

7,084,788

Materials

—

2.35%

Graphic

Packaging

Holding

Co.

26,400

794,640

Linde

PLC

1,600

725,600

1,520,240

Real

Estate

—

4.37%

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc.

39,000

1,278,030

Iron

Mountain,

Inc.

7,500

769,200

STAG

Industrial,

Inc.

19,000

775,390

2,822,620

Technology

—

31.86%

Apple,

Inc.

15,000

3,331,200

Broadcom,

Inc.

10,000

1,606,800

CrowdStrike

Holdings,

Inc.,

Class

A

(a)

2,600

603,096

Dell

Technologies,

Inc.,

Class

C

9,400

1,068,592

Fiserv,

Inc.

(a)

7,200

1,177,704

Micron

Technology,

Inc.

7,800

856,596

Microsoft

Corp.

8,000

3,346,800

NVIDIA

Corp.

27,000

3,159,540

Qualcomm,

Inc.

5,100

922,845

Salesforce.com,

Inc.

4,300

1,112,840

ServiceNow,

Inc.

(a)

1,650

1,343,744

Visa,

Inc.,

Class

A

3,900

1,036,113

Workday,

Inc.,

Class

A

(a)

4,400

999,328

20,565,198

Utilities

—

2.49%

NextEra

Energy,

Inc.

10,800

825,012

Dana

Epiphany

Equity

Fund

Schedule

of

Investments

(continued)

July

31,

2024

-

(Unaudited)

COMMON

STOCKS

—

98.72%

-

(continued)

Shares

Fair

Value

Utilities

—

2.49%

-

(continued)

Portland

General

Electric

Co.

16,500

$

781,770

1,606,782

Total

Common

Stocks

(Cost $50,475,620)

63,733,976

MONEY

MARKET

FUNDS

—

1.30%

Fidelity

Investments

Money

Market

Government

Portfolio,

Institutional

Class,

5.26%

(b)

840,489

840,489

Total

Money

Market

Funds

(Cost

$840,489)

840,489

Total

Investments

—

100.02%

(Cost

$51,316,109)

64,574,465

Liabilities

in

Excess

of

Other

Assets — (0.02)%

(14,731

)

NET

ASSETS

—

100.00%

$

64,559,734

(a)

Non-income

producing

security.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

July

31,

2024.