0001145549-24-016795.txt : 20240322 0001145549-24-016795.hdr.sgml : 20240322 20240322093547 ACCESSION NUMBER: 0001145549-24-016795 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240131 FILED AS OF DATE: 20240322 DATE AS OF CHANGE: 20240322 PERIOD START: 20241031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVISORS SERIES TRUST CENTRAL INDEX KEY: 0001027596 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-07959 FILM NUMBER: 24773417 BUSINESS ADDRESS: STREET 1: U.S BANCORP FUND SERVICES, LLC STREET 2: 615 E MICHIGAN STREET CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 414-765-5340 MAIL ADDRESS: STREET 1: 615 E MICHIGAN STREET STREET 2: MK-WI-LC2 CITY: MILWAUKEE STATE: WI ZIP: 53202 0001027596 S000032592 Fort Pitt Capital Total Return Fund C000100439 Fort Pitt Capital Total Return Fund FPCGX NPORT-P 1 primary_doc.xml NPORT-P false 0001027596 XXXXXXXX S000032592 C000100439 Advisors Series Trust 811-07959 0001027596 2549003Z0J6URS6I4Y63 615 East Michigan Street Milwaukee 53202 626-914-7363 Fort Pitt Capital Total Return Fund S000032592 254900VYNI667P6LKX19 2024-10-31 2024-01-31 N 61837774.190000000000 280732.710000000000 61557041.480000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 N N/A N/A Danaher Corp S4BKK9OTCEWQ3YHPFM11 Danaher Corp 235851102 5972.000000000000 NS USD 1432742.520000000000 2.3275038656 Long EC CORP US N 1 N N N Gaming and Leisure Properties 5493006GWRDBCZYWTM57 Gaming and Leisure Properties Inc 36467J108 18521.000000000000 NS USD 845483.650000000000 1.3734962397 Long EC CORP US N 1 N N N Bristol-Myers Squibb Co HLYYNH7UQUORYSJQCN42 Bristol-Myers Squibb Co 110122108 23183.000000000000 NS USD 1132953.210000000000 1.8404932771 Long EC CORP US N 1 N N N Ciena Corp W0CZ7N0GH8UIGXDM1H41 Ciena Corp 171779309 46404.000000000000 NS USD 2459412.000000000000 3.9953382113 Long EC CORP US N 1 N N N Coherent Corp 549300O5C25A0MMHHU33 Coherent Corp 19247G107 41021.000000000000 NS USD 1950138.340000000000 3.1680183016 Long EC CORP US N 1 N N N Honeywell International Inc ISRPG12PN4EIEOEMW547 Honeywell International Inc 438516106 9749.000000000000 NS USD 1971832.740000000000 3.2032610609 Long EC CORP US N 1 N N N Lululemon Athletica Inc 549300D9GZ4BMLDW5T40 Lululemon Athletica Inc 550021109 2756.000000000000 NS USD 1250727.920000000000 2.0318194149 Long EC CORP CA N 1 N N N Apollo Global Management Inc N/A Apollo Global Management Inc 03769M106 18594.000000000000 NS USD 1866837.600000000000 3.0326954563 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 Apple Inc 037833100 8730.000000000000 NS USD 1609812.000000000000 2.6151549218 Long EC CORP US N 1 N N N Blackstone Inc 5299004LW4QWGZUB8Y96 Blackstone Inc 09260D107 14470.000000000000 NS USD 1800791.500000000000 2.9254029380 Long EC CORP US N 1 N N N Devon Energy Corp 54930042348RKR3ZPN35 Devon Energy Corp 25179M103 15823.000000000000 NS USD 664882.460000000000 1.0801078870 Long EC CORP US N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 Merck & Co Inc 58933Y105 11174.000000000000 NS USD 1349595.720000000000 2.1924310973 Long EC CORP US N 1 N N N Zebra Technologies Corp PO0I32GKZ3HZMMDPZZ08 Zebra Technologies Corp 989207105 3000.000000000000 NS USD 718650.000000000000 1.1674537676 Long EC CORP US N 1 N N N Kinder Morgan Inc 549300WR7IX8XE0TBO16 Kinder Morgan Inc 49456B101 61034.000000000000 NS USD 1032695.280000000000 1.6776233152 Long EC CORP US N 1 N N N Parker-Hannifin Corp 5493002CONDB4N2HKI23 Parker-Hannifin Corp 701094104 9971.000000000000 NS USD 4631529.500000000000 7.5239637719 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet Inc 02079K305 13038.000000000000 NS USD 1826623.800000000000 2.9673677553 Long EC CORP US N 1 N N N Broadcom Inc 549300WV6GIDOZJTV909 Broadcom Inc 11135F101 1088.000000000000 NS USD 1283840.000000000000 2.0856103041 Long EC CORP US N 1 N N N GXO Logistics Inc 5493007CNWMXN78JRN66 GXO Logistics Inc 36262G101 18522.000000000000 NS USD 1007226.360000000000 1.6362488121 Long EC CORP US N 1 N N N Texas Instruments Inc WDJNR2L6D8RWOEB8T652 Texas Instruments Inc 882508104 7178.000000000000 NS USD 1149341.360000000000 1.8671159828 Long EC CORP US N 1 N N N Thermo Fisher Scientific Inc HCHV7422L5HDJZCRFL38 Thermo Fisher Scientific Inc 883556102 4730.000000000000 NS USD 2549375.400000000000 4.1414846112 Long EC CORP US N 1 N N N Tractor Supply Co 549300OJ9VZHZRO6I137 Tractor Supply Co 892356106 3270.000000000000 NS USD 734442.000000000000 1.1931080220 Long EC CORP US N 1 N N N Advanced Micro Devices Inc R2I72C950HOYXII45366 Advanced Micro Devices Inc 007903107 31688.000000000000 NS USD 5313760.720000000000 8.6322548846 Long EC CORP US N 1 N N N Constellation Brands Inc 5493005GKEG8QCVY7037 Constellation Brands Inc 21036P108 9079.000000000000 NS USD 2225081.320000000000 3.6146657905 Long EC CORP US N 1 N N N Deere & Co PWFTNG3EI0Y73OXWDH08 Deere & Co 244199105 3965.000000000000 NS USD 1560544.700000000000 2.5351197239 Long EC CORP US N 1 N N N Arthur J Gallagher & Co 54930049QLLMPART6V29 Arthur J Gallagher & Co 363576109 16633.000000000000 NS USD 3861517.280000000000 6.2730715888 Long EC CORP US N 1 N N N Lowe's Cos Inc WAFCR4OKGSC504WU3E95 Lowe's Cos Inc 548661107 7239.000000000000 NS USD 1540748.760000000000 2.5029610309 Long EC CORP US N 1 N N N PNC Financial Services Group I CFGNEKW0P8842LEUIA51 PNC Financial Services Group Inc/The 693475105 11527.000000000000 NS USD 1742997.670000000000 2.8315163109 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 Microsoft Corp 594918104 10572.000000000000 NS USD 4203215.760000000000 6.8281640231 Long EC CORP US N 1 N N N Charles Schwab Corp/The 549300VSGCJ7E698NM85 Charles Schwab Corp/The 808513105 30963.000000000000 NS USD 1948191.960000000000 3.1648563887 Long EC CORP US N 1 N N N Abbott Laboratories HQD377W2YR662HK5JX27 Abbott Laboratories 002824100 21934.000000000000 NS USD 2481832.100000000000 4.0317598772 Long EC CORP US N 1 N N N RTX Corp I07WOS4YJ0N7YRFE7309 RTX Corp 75513E101 13301.000000000000 NS USD 1211987.120000000000 1.9688846164 Long EC CORP US N 1 N N N ANSYS Inc 549300VJV8H15Z5FJ571 ANSYS Inc 03662Q105 1242.000000000000 NS USD 407164.860000000000 0.6614431919 Long EC CORP US N 1 N N N Lam Research Corp 549300I4GMO6D34U1T02 Lam Research Corp 512807108 1109.000000000000 NS USD 915113.530000000000 1.4866106427 Long EC CORP US N 1 N N N Invesco Government & Agency Po 5493007T1J7WZ5QI1A47 Invesco Government & Agency Portfolio 825252885 858190.450000000000 NS USD 858190.450000000000 1.3941385573 Long STIV RF US N 1 N N N 2024-02-29 Advisors Series Trust /s/ Richard Conner Advisors Series Trust Assistant Treasurer XXXX NPORT-EX 2 fortpitt2.htm NPORT-EX

Fort Pitt Capital Total Return
  
Schedule of Investments
  
as of January 31, 2024 (Unaudited)
  
   
COMMON STOCKS - 97.2%
  
Shares
    
Value
  
Aerospace/Defense - 2.0%
        
RTX Corp.
    
13,301
    
$
1,211,987
  
                 
Applications Software - 6.8%
          
Microsoft Corp.
    
10,572
      
4,203,216
  
                 
Brewery - 3.6%
          
Constellation Brands, Inc. - Class A
    
9,079
      
2,225,081
  
                 
Commercial Services - 1.7%
          
GXO Logistics, Inc.(a)
    
18,522
      
1,007,226
  
                 
Computer Aided Design - 0.7%
          
ANSYS, Inc.(a)
    
1,242
      
407,165
  
                 
Computers - 2.6%
          
Apple, Inc.
    
8,730
      
1,609,812
  
                 
Diagnostic Equipment - 6.4%
          
Danaher Corp.
    
5,972
      
1,432,743
  
Thermo Fisher Scientific, Inc.
    
4,730
      
2,549,375
  
             
3,982,118
  
                 
Diversified Manufacturing Operations - 7.5%
          
Parker-Hannifin Corp.
    
9,971
      
4,631,530
  
                 
Electronic Components-Semiconductors - 12.6%
          
Advanced Micro Devices, Inc.(a)
    
31,688
      
5,313,761
  
Broadcom, Inc.
    
1,088
      
1,283,840
  
Texas Instruments, Inc.
    
7,178
      
1,149,341
  
             
7,746,942
  
                 
Finance-Investment Banking/Brokerages - 3.2%
          
Charles Schwab Corp.
    
30,963
      
1,948,192
  
                 
Instruments-Controls - 3.2%
          
Honeywell International, Inc.
    
9,749
      
1,971,833
  
                 
Insurance Brokers - 6.3%
          
Arthur J. Gallagher & Co.
    
16,633
      
3,861,517
  
                 
Investment Management/Advisor Services - 3.0%
          
Apollo Global Management, Inc.
    
18,594
      
1,866,838
  
                 
Lasers-Systems-Components - 3.2%
          
Coherent Corp.(a)
    
41,021
      
1,950,138
  
                 
Machinery-Farm - 2.5%
          
Deere & Co.
    
3,965
      
1,560,545
  
                 
Medical Products - 4.0%
          
Abbott Laboratories
    
21,934
      
2,481,832
  
                 
Medical-Drugs - 4.0%
          
Bristol-Myers Squibb Co.
    
23,183
      
1,132,953
  
Merck & Co., Inc.
    
11,174
      
1,349,596
  
             
2,482,549
  
                 
Office Automation & Equipment - 1.2%
          
Zebra Technologies Corp. - Class A(a)
    
3,000
      
718,650
  
                 
Oil Companies -Exploration & Production - 1.1%
          
Devon Energy Corp.
    
15,823
      
664,882
  
                 
Pipelines - 1.7%
          
Kinder Morgan, Inc.
    
61,034
      
1,032,695
  
                 
Private Equity - 2.9%
          
Blackstone, Inc.
    
14,470
      
1,800,791
  
                 
Retail-Apparel/Shoes - 2.0%
          
Lululemon Athletica, Inc.(a)
    
2,756
      
1,250,728
  
                 
Retail-Building Products - 2.5%
          
Lowe's Cos., Inc.
    
7,239
      
1,540,749
  
                 
Retail-Gardening Products - 1.2%
          
Tractor Supply Co.
    
3,270
      
734,442
  
                 
Semiconductor Equipment - 1.5%
          
Lam Research Corp.
    
1,109
      
915,114
  
                 
Super-Regional Banks-U.S. - 2.8%
          
PNC Financial Services Group, Inc.
    
11,527
      
1,742,998
  
                 
Telecommunication Equipment - 4.0%
          
Ciena Corp.(a)
    
46,404
      
2,459,412
  
                 
Web Portals/ISP - 3.0%
          
Alphabet, Inc. - Class A(a)
    
13,038
      
1,826,624
  
TOTAL COMMON STOCKS (Cost $29,237,217)
      
59,835,606
  
                 
REAL ESTATE INVESTMENT TRUST - 1.4%
                
Real Estate - 1.4%
                
Gaming and Leisure Properties, Inc.
    
18,521
      
845,484
  
TOTAL REAL ESTATE INVESTMENT TRUST (Cost $944,106)
      
845,484
  
                 
MONEY MARKET FUND - 1.4%
                
Money Market Fund - 1.4%
                
Invesco STIT-Government & Agency Portfolio - Institutional Class, 5.25%(b)
    
858,190
      
858,190
  
TOTAL MONEY MARKET FUND (Cost $858,190)
      
858,190
  
                 
TOTAL INVESTMENTS - 100.0% (Cost $31,039,513)
      
61,539,280
  
Other Assets in Excess of Liabilities - 0.0%(c)
      
17,842
  
TOTAL NET ASSETS - 100.0%
          
$
61,557,122
  

(a)
Non-income producing security.
(b)
The rate shown represents the 7-day annualized yield as of January 31, 2024.
(c)
Represents less than 0.05% of net assets.
Fort Pitt Capital Total Return Fund
            
Summary of Fair Value Disclosure at January 31, 2024 (Unaudited)
        
                 
The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. Accounting principles generally accepted in
the United States of America ("U.S. GAAP") establish a hierarchy that prioritizes inputs to valuation methods.  The three levels of inputs are:
                 
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.
                 
The following is a summary of the inputs used to value the Fund's investments as of January 31, 2024:
    

   
   
Level 1
    
Level 2
    
Level 3
    
Total
  

                       
Common Stocks
  
$
59,835,606
    
$
–
    
$
–
    
$
59,835,606
  
Real Estate Investment Trust
    
845,484
      
–
      
–
      
845,484
  
Money Market Fund
    
858,190
      
–
      
–
      
858,190
  
Total Investments
  
$
61,539,280
    
$
–
    
$
–
    
$
61,539,280
  
                                 
   
Refer to the Schedule of Investments for industry classifications.