0001752724-22-079015.txt : 20220331 0001752724-22-079015.hdr.sgml : 20220331 20220331101306 ACCESSION NUMBER: 0001752724-22-079015 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220131 FILED AS OF DATE: 20220331 PERIOD START: 20221031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VALUED ADVISERS TRUST CENTRAL INDEX KEY: 0001437249 IRS NUMBER: 262762915 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-22208 FILM NUMBER: 22789875 BUSINESS ADDRESS: STREET 1: 225 PICTORIA DR. STREET 2: SUITE 450 CITY: CINCINNATI STATE: OH ZIP: 45246 BUSINESS PHONE: 513-587-3400 MAIL ADDRESS: STREET 1: 225 PICTORIA DR. STREET 2: SUITE 450 CITY: CINCINNATI STATE: OH ZIP: 45246 0001437249 S000039948 SMI Dynamic Allocation Fund C000123870 SMI Dynamic Allocation Fund SMIDX NPORT-P 1 primary_doc.xml NPORT-P false 0001437249 XXXXXXXX S000039948 C000123870 Valued Advisers Trust 811-22208 0001437249 549300W12YUPFS7QVT86 225 Pictoria Drive Suite 450 Cincinnati 45246 513-587-3400 SOUND MIND INVESTING DYNAMIC ALLOCATION FUND S000039948 549300YDH2SRPN4R1J34 2022-10-31 2022-01-31 N 111240306.66 123015.14 111117291.52 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00 N Spdr S&P 500 Etf Trust 549300NZAMSJ8FXPQQ63 SPDR S&P 500 ETF Trust 78462F103 41810.00000000 NS USD 18810737.10000000 16.92872175219 Long EC RF US N 1 N N N Select Sector Spdr 5493008JJKIPMEX3CO91 Real Estate Select Sector SPDR Fund 81369Y860 170880.00000000 NS USD 8089459.20000000 7.280108333583 Long EC RF US N 1 N N N Ishares Trust 5493000860OXIC4B5K91 iShares MSCI EAFE ETF 464287465 500890.00000000 NS USD 37977479.80000000 34.17783072328 Long EC RF US N 1 N N N Fidelity Colcheste 549300SHPEJB1OPRCV46 Fidelity Investments Money Market Funds - Government Portfolio 31607A703 550060.75000000 PA USD 550060.75000000 0.495027139768 Long STIV RF US N 1 N N N Vanguard Index Fds 549300OM0CLBHZ9MZW59 Vanguard REIT ETF 922908553 265610.00000000 NS USD 28218406.40000000 25.39515318812 Long EC RF US N 1 N N N Ishares Trust 5493000860OXIC4B5K91 Dorman Products, Inc. 464287408 114040.00000000 NS USD 17565581.20000000 15.80814377286 Long EC RF US N 1 N N N 2022-01-31 Valued Advisers Trust Gregory Knoth Gregory Knoth SVP, Mutual Fund Controller XXXX NPORT-EX 2 ultimus_1283.htm SMI N-PORT EX FILE JANUARY 2022
Sound
Mind
Investing
Fund
Schedule
of
Investments
January
31,
2022
-
(Unaudited)
EXCHANGE-TRADED
FUNDS
71.17%
Shares
Fair
Value
Energy
Select
Sector
SPDR
®
Fund
38,030‌
$
2,506,938‌
First
Trust
Natural
Gas
ETF
197,020‌
3,830,069‌
Invesco
DB
Commodity
Index
Tracking
Fund
(a)
509,890‌
11,431,734‌
Invesco
Dynamic
Large
Cap
Value
ETF
119,020‌
5,790,323‌
iShares
S&P
500
®
Value
ETF
202,090‌
31,127,922‌
iShares
S&P
Small-Cap
600
®
Value
ETF
110,230‌
11,010,875‌
Simplify
US
Equity
PLUS
Downside
Convexity
ETF
358,450‌
11,330,605‌
SPDR
®
Bloomberg
1-3
Month
T-Bill
ETF
(a)
147,670‌
13,501,467‌
SPDR
®
S&P
®
Oil
&
Gas
Exploration
&
Production
ETF
23,540‌
2,509,364‌
Total
Exchange-Traded
Funds
Cost
($92,374,133)
93,039,297‌
MUTUAL
FUNDS
27.50%
Shares
Fair
Value
Akre
Focus
Fund,
Institutional
Class
101‌
6,192‌
AllianzGI
Dividend
Value
Fund
200‌
2,614‌
AllianzGI
NFJ
Small-Cap
Value
Fund
162‌
2,845‌
American
Century
Equity
Income
Fund,
Investor
Class
100‌
970‌
American
Century
International
Opportunities
Fund,
Institutional
Class
360‌
3,871‌
AMG
Yacktman
Focused
Fund,
Institutional
Class
100‌
2,088‌
AMG
Yacktman
Fund,
Institutional
Class
100‌
2,430‌
Artisan
International
Small
Cap
Fund,
Investor
Class
100‌
1,835‌
Artisan
International
Value
Fund,
Investor
Class
150‌
6,311‌
Artisan
Mid
Cap
Value
Fund,
Investor
Class
279‌
5,825‌
Artisan
Small
Cap
Fund,
Investor
Class
125‌
4,378‌
BlackRock
International
Opportunities
Portfolio,
Institutional
Class
100‌
3,402‌
BNY
Mellon
Opportunistic
Small
Cap
Fund,
Investor
Class
100‌
3,243‌
Bridgeway
Small-Cap
Value
Fund,
Class
N
247,510‌
8,747,002‌
Bridgeway
Ultra-Small
Company
Market
Fund,
Class
N
100‌
1,284‌
Buffalo
Small
Cap
Fund,
Inc.
150‌
2,409‌
Champlain
Small
Company
Fund,
Institutional
Class
100‌
2,276‌
Chartwell
Small
Cap
Value
Fund
118‌
2,265‌
Columbia
Acorn
Fund,
Class
Z
137‌
1,637‌
Columbia
Acorn
International,
Class
Z
100‌
2,876‌
Columbia
Contrarian
Core
Fund,
Class
Z
91‌
2,940‌
Columbia
Small
Cap
Growth
Fund
I,
Class
Z
100‌
2,395‌
Davis
Opportunity
Fund,
Class
Y
100‌
4,297‌
Delaware
Select
Growth
Fund,
Institutional
Class
100‌
3,522‌
Delaware
Small
Cap
Value
Fund,
Institutional
Class
100‌
7,818‌
Delaware
Value
Fund,
Institutional
Class
144‌
3,040‌
Deutsche
Small
Cap
Core
Fund,
Institutional
Class
52‌
2,292‌
DFA
International
Small
Cap
Value
Portfolio,
Institutional
Class
100‌
2,103‌
DFA
International
Small
Company
Portfolio,
Institutional
Class
100‌
2,070‌
DFA
U.S.
Small
Cap
Value
Portfolio,
Institutional
Class
100‌
4,221‌
Fairholme
Fund
(a)
100‌
2,936‌
Fidelity
Mid-Cap
Stock
Fund
150‌
6,089‌
Fidelity
Select
Energy
Portfolio
59,837‌
2,499,999‌
Fidelity
Select
Natural
Resources
Portfolio
78,939‌
2,500,000‌
Sound
Mind
Investing
Fund
Schedule
of
Investments
(continued)
January
31,
2022
-
(Unaudited)
MUTUAL
FUNDS
27.50%
-
continued
Shares
Fair
Value
Fidelity
Small
Cap
Discovery
Fund
100‌
$
2,908‌
Fidelity
Small
Cap
Stock
Fund
150‌
2,708‌
Fidelity
Small
Cap
Value
Fund
150‌
3,129‌
Franklin
Small
Cap
Value
Fund,
Advisor
Class
100‌
5,946‌
Hartford
International
Opportunities
Fund
(The),
Class
Y
248‌
4,757‌
Heartland
Value
Fund
100‌
4,430‌
Hennessy
Cornerstone
Mid
Cap
30
Fund,
Institutional
Class
100‌
1,952‌
Hennessy
Focus
Fund,
Investor
Class
50‌
3,167‌
Hotchkis
and
Wiley
Mid-Cap
Value
Fund,
Institutional
Class
126,816‌
5,809,427‌
Invesco
American
Value
Fund,
Class
Y
141‌
5,546‌
Invesco
Oppenheimer
International
Small-Mid
Company
Fund,
Class
Y
100‌
4,900‌
Janus
Henderson
Contrarian
Fund,
Class
T
100‌
2,719‌
Janus
Henderson
Mid
Cap
Value
Fund,
Class
T
200‌
3,244‌
Janus
Henderson
Overseas
Fund,
Class
T
100‌
4,358‌
Janus
Henderson
Venture
Fund,
Class
T
100‌
8,501‌
Jensen
Quality
Growth
Fund
107,810‌
6,775,872‌
JOHCM
International
Select
Fund,
Institutional
Class
100‌
2,716‌
JPMorgan
Mid
Cap
Value
Fund,
Institutional
Class
100‌
4,080‌
JPMorgan
Small
Cap
Equity
Fund,
Select
Class
100‌
6,196‌
JPMorgan
Small
Cap
Growth
Fund,
Class
L
100‌
2,172‌
JPMorgan
U.S.
Research
Enhanced
Equity
Fund,
Institutional
Class
100‌
3,486‌
Longleaf
Partners
Fund
150‌
3,701‌
Longleaf
Partners
International
Fund
150‌
2,546‌
Longleaf
Partners
Small-Cap
Fund
100‌
2,568‌
Lord
Abbett
Developing
Growth
Fund,
Inc.,
Institutional
Class
100‌
2,829‌
MainStay
WMC
Enduring
Capital
Fund,
Institutional
Class
281,928‌
9,309,272‌
Miller
Opportunity
Trust,
Institutional
Class
100‌
3,943‌
Morgan
Stanley
Discovery
Portfolio,
Institutional
Class
100‌
2,177‌
Morgan
Stanley
Growth
Portfolio,
Institutional
Class
100‌
5,782‌
Neuberger
Berman
Genesis
Fund,
Institutional
Class
100‌
6,692‌
Nicholas
Fund,
Inc.
50‌
4,048‌
Oakmark
International
Fund,
Investor
Class
150‌
4,257‌
Oakmark
International
Small
Cap
Fund,
Institutional
Class
150‌
2,873‌
Oakmark
Select
Fund,
Institutional
Class
150‌
9,395‌
PRIMECAP
Odyssey
Aggressive
Growth
Fund
100‌
4,726‌
Principal
SmallCap
Growth
Fund
I,
Institutional
Class
200‌
2,956‌
Prudential
Jennison
International
Opportunities,
Class
Z
185‌
5,788‌
Royce
Micro-Cap
Fund,
Investment
Class
106‌
1,268‌
Royce
Opportunity
Fund,
Investment
Class
318‌
4,961‌
Royce
Premier
Fund,
Investment
Class
300‌
3,576‌
Royce
Special
Equity
Fund,
Institutional
Class
150‌
2,679‌
T.
Rowe
Price
International
Discovery
Fund,
Investor
Class
75‌
5,669‌
T.
Rowe
Price
Mid-Cap
Growth
Fund,
Investor
Class
50‌
5,235‌
T.
Rowe
Price
New
Horizons
Fund,
Investor
Class
100‌
6,478‌
T.
Rowe
Price
Small-Cap
Value
Fund,
Investor
Class
100‌
5,700‌
Thornburg
Value
Fund,
Institutional
Class
100‌
7,095‌
TIAA-CREF
International
Equity
Fund,
Institutional
Class
100‌
1,348‌
Sound
Mind
Investing
Fund
Schedule
of
Investments
(continued)
January
31,
2022
-
(Unaudited)
MUTUAL
FUNDS
27.50%
-
continued
Shares
Fair
Value
Touchstone
Sands
Capital
Select
Growth
Fund,
Class
Y
100‌
$
1,596‌
Tweedy
Browne
International
Value
Fund
150‌
4,340‌
Vanguard
Strategic
Equity
Fund,
Investor
Class
100‌
3,650‌
Victory
RS
Small
Cap
Growth
Fund,
Class
Y
100‌
6,766‌
Wasatch
International
Growth
Fund,
Investor
Class
150‌
4,493‌
Wasatch
Micro
Cap
Fund,
Investor
Class
100‌
802‌
Total
Mutual
Funds
Cost
($37,253,663)
35,950,898‌
MONEY
MARKET
FUNDS
-
10.02%
Fidelity
Investments
Money
Market
Government
Portfolio,
Institutional
Class,
0.01%
(b)
13,102,475‌
13,102,475‌
Total
Money
Market
Funds
(Cost
$13,102,475)
13,102,475‌
Total
Investments
108.69%
(Cost
$142,730,271)
142,092,670‌
Liabilities
in
Excess
of
Other
Assets — (8.69)%
(11,361,898‌)
NET
ASSETS
100.00%
$
130,730,772‌
(a)
Non-income
producing
security.
(b)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
January
31,
2022.
ETF
-
Exchange-Traded
Fund
SPDR
-
Standard
&
Poor's
Depositary
Receipt
SMI
Dynamic
Allocation
Fund
Schedule
of
Investments
January
31,
2022
-
(Unaudited)
EXCHANGE-TRADED
FUNDS
99.57%
Shares
Fair
Value
iShares
MSCI
EAFE
ETF
(a)
500,890‌
$
37,977,480‌
iShares
S&P
500
®
Value
ETF
114,040‌
17,565,581‌
Real
Estate
Select
Sector
SPDR
Fund
170,880‌
8,089,459‌
SPDR
S&P
500
®
ETF
41,810‌
18,810,737‌
Vanguard
Real
Estate
ETF
(a)
265,610‌
28,218,406‌
Total
Exchange-Traded
Funds
Cost
($100,776,906)
110,661,663‌
MONEY
MARKET
FUNDS
-
0.49%
Fidelity
Investments
Money
Market
Government
Portfolio,
Institutional
Class,
0.01%
(b)
550,061‌
550,061‌
Total
Money
Market
Funds
(Cost
$550,061)
550,061‌
Total
Investments
100.06%
(Cost
$101,326,967)
111,211,724‌
Liabilities
in
Excess
of
Other
Assets — (0.06)%
(65,963‌)
NET
ASSETS
100.00%
$
111,145,761‌
(a)
Represents
an
investment
greater
than
25%
of
the
Fund's
net
assets.  Performance
of
the
Fund
may
be
adversely
impacted
by
concentrated
investments
in
securities.  The
financial
statements
and
portfolio
holdings
for
these
securities
can
be
found
at
www.sec.gov.  As
of
January
31,
2022,
the
percentage
of
net
assets
invested
in
iShares
MSCI
EAFE
ETF
and
Vanguard
Real
Estate
ETF
was
34.17%
and
25.39%,
respectively.
(b)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
January
31,
2022.
ETF
-
Exchange-Traded
Fund
SPDR
-
Standard
&
Poor's
Depositary
Receipt
SMI
Multi-Strategy
Fund
(Formerly
SMI
50/40/10
Fund)
Schedule
of
Investments
January
31,
2022
-
(Unaudited)
EXCHANGE-TRADED
FUNDS
85.58%
Shares
Fair
Value
Energy
Select
Sector
SPDR
®
Fund
43,050‌
$
2,837,856‌
First
Trust
Natural
Gas
ETF
44,030‌
855,943‌
Invesco
DB
Commodity
Index
Tracking
Fund
(a)
104,700‌
2,347,374‌
Invesco
Dynamic
Large
Cap
Value
ETF
40,980‌
1,993,677‌
iShares
MSCI
EAFE
ETF
140,450‌
10,648,920‌
iShares
S&P
500
®
Value
ETF
46,170‌
7,111,565‌
iShares
S&P
Small-Cap
600
®
Value
ETF
23,160‌
2,313,452‌
Simplify
US
Equity
PLUS
Downside
Convexity
ETF
69,200‌
2,187,412‌
SPDR
®
Bloomberg
1-3
Month
T-Bill
ETF
(a)
13,300‌
1,216,019‌
SPDR
®
S&P
500
®
ETF
12,080‌
5,434,913‌
SPDR
®
S&P
®
Oil
&
Gas
Exploration
&
Production
ETF
7,360‌
784,576‌
Vanguard
S&P
500
Value
ETF
31,870‌
4,739,069‌
Vanguard
R
eal
Estate
ETF
95,900‌
10,188,416‌
Total
Exchange-Traded
Funds
Cost
($49,639,116)
52,659,192‌
MUTUAL
FUNDS
10.79%
AMG
Yacktman
Focused
Fund,
Institutional
Class
100‌
2,088‌
Bridgeway
Small-Cap
Value
Fund,
Class
N
69,796‌
2,466,606‌
Fidelity
Select
Energy
Portfolio
18,717‌
782,000‌
Fidelity
Select
Natural
Resources
Portfolio
24,692‌
782,000‌
Hotchkis
and
Wiley
Mid-Cap
Value
Fund,
Institutional
Class
8,781‌
402,248‌
Invesco
Oppenheimer
International
Small-Mid
Company
Fund,
Class
Y
100‌
4,900‌
Jensen
Quality
Growth
Fund
18,358‌
1,153,830‌
Longleaf
Partners
International
Fund
150‌
2,546‌
Lord
Abbett
Developing
Growth
Fund,
Inc.,
Institutional
Class
100‌
2,829‌
MainStay
WMC
Enduring
Capital
Fund,
Institutional
Class
31,148‌
1,028,500‌
Miller
Opportunity
Trust,
Institutional
Class
100‌
3,943‌
Morgan
Stanley
Discovery
Portfolio,
Institutional
Class
100‌
2,177‌
Oakmark
International
Fund,
Investor
Class
50‌
1,419‌
Wasatch
International
Growth
Fund,
Investor
Class
100‌
2,995‌
Total
Mutual
Funds
Cost
($6,785,178)
6,638,081‌
MONEY
MARKET
FUNDS
-
4.93%
Fidelity
Investments
Money
Market
Government
Portfolio,
Institutional
Class,
0.01%
(b)
3,036,432‌
3,036,432‌
Total
Money
Market
Funds
(Cost
$3,036,432)
3,036,432‌
Total
Investments
101.30%
(Cost
$59,460,726)
62,333,705‌
Liabilities
in
Excess
of
Other
Assets — (1.30)%
(797,732‌)
NET
ASSETS
100.00%
$
61,535,973‌
(a)
Non-income
producing
security.
(b)
Rate
disclosed
is
the
seven
day
effective
yield
as
of
January
31,
2022.
ETF
-
Exchange-Traded
Fund
SPDR
-
Standard
&
Poor's
Depositary
Receipt