0001145549-24-032373.txt : 20240529 0001145549-24-032373.hdr.sgml : 20240529 20240529093958 ACCESSION NUMBER: 0001145549-24-032373 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240529 DATE AS OF CHANGE: 20240529 PERIOD START: 20240630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Managed Portfolio Series CENTRAL INDEX KEY: 0001511699 ORGANIZATION NAME: IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-22525 FILM NUMBER: 24994525 BUSINESS ADDRESS: STREET 1: 615 EAST MICHIGAN STREET CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 414-287-3700 MAIL ADDRESS: STREET 1: 615 EAST MICHIGAN STREET CITY: MILWAUKEE STATE: WI ZIP: 53202 0001511699 S000061859 Olstein Strategic Opportunities Fund C000200266 Adviser Class OFSFX C000200267 Class A OFSAX C000200268 Class C OFSCX NPORT-P 1 primary_doc.xml NPORT-P false 0001511699 XXXXXXXX S000061859 C000200266 C000200267 C000200268 Managed Portfolio Series 811-22525 0001511699 254900SQ3GG01NP4WM65 615 East Michigan Street Milwaukee 53202 414-516-1712 Olstein Strategic Opportunities Fund S000061859 549300MPRZ155WWPGV40 2024-06-30 2024-03-31 N 102170813.790000000000 11987036.360000000000 90183777.430000000000 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 ABM Industries Inc QF02R89VEIOROM77J447 ABM Industries Inc 000957100 64000.000000000000 NS USD 2855680.000000000000 3.1665118510 Long EC CORP US N 1 N N N Blue Bird Corp 5493004ZXJUUWQ65ER59 Blue Bird Corp 095306106 93000.000000000000 NS USD 3565620.000000000000 3.9537266032 Long EC CORP US N 1 N N N Brady Corp 549300G2LEQOFQC8GY34 Brady Corp 104674106 37000.000000000000 NS USD 2193360.000000000000 2.4321003871 Long EC CORP US N 1 N N N Central Garden & Pet Co 5493004DVZLD37DJ0H83 Central Garden & Pet Co 153527205 83000.000000000000 NS USD 3064360.000000000000 3.3979060174 Long EC CORP US N 1 N N N Citizens Financial Group Inc 2138004JDDA4ZQUPFW65 Citizens Financial Group Inc 174610105 81033.000000000000 NS USD 2940687.570000000000 3.2607722296 Long EC CORP US N 1 N N N Cracker Barrel Old Country Sto 8P4PHQIUWPIECBFBW745 Cracker Barrel Old Country Store Inc 22410J106 21200.000000000000 NS USD 1541876.000000000000 1.7097043880 Long EC CORP US N 1 N N Denny's Corp 54930037V56XOULXM917 Denny's Corp 24869P104 252413.000000000000 NS USD 2261620.480000000000 2.5077908072 Long EC CORP US N 1 N N N Dine Brands Global Inc 529900HKM8OWSHLKJY75 Dine Brands Global Inc 254423106 66400.000000000000 NS USD 3086272.000000000000 3.4222030702 Long EC CORP US N 1 N N N Douglas Dynamics Inc 529900CDFLKNQ0QT6580 Douglas Dynamics Inc 25960R105 44000.000000000000 NS USD 1061280.000000000000 1.1767970141 Long EC CORP US N 1 N N N First Advantage Corp 549300RNJ0PXU8FP7D06 First Advantage Corp 31846B108 57000.000000000000 NS USD 924540.000000000000 1.0251732921 Long EC CORP US N 1 N N First Hawaiian Inc 5493002DJSH46F5OLV06 First Hawaiian Inc 32051X108 98000.000000000000 NS USD 2152080.000000000000 2.3863271880 Long EC CORP US N 1 N N N Graham Corp 254900EI9P4LTY524J77 Graham Corp 384556106 48000.000000000000 NS USD 1309440.000000000000 1.4519684552 Long EC CORP US N 1 N N N Home BancShares Inc/AR N/A Home BancShares Inc/AR 436893200 87000.000000000000 NS USD 2137590.000000000000 2.3702599968 Long EC CORP US N 1 N N Integra LifeSciences Holdings WB7IJCYY8YFTENS4O147 Integra LifeSciences Holdings Corp 457985208 100000.000000000000 NS USD 3545000.000000000000 3.9308621806 Long EC CORP US N 1 N N Axalta Coating Systems Ltd 529900AGLPA40GV6H619 Axalta Coating Systems Ltd N/A 40200.000000000000 NS USD 1382478.000000000000 1.5329564134 Long EC CORP US N 1 N N N Cushman & Wakefield PLC N/A Cushman & Wakefield PLC N/A 233000.000000000000 NS USD 2437180.000000000000 2.7024594328 Long EC CORP US N 1 N N N Gates Industrial Corp PLC 549300S6K4FWUSB9KM27 Gates Industrial Corp PLC N/A 204000.000000000000 NS USD 3612840.000000000000 4.0060863527 Long EC CORP US N 1 N N N Invesco Ltd ECPGFXU8A2SHKVVGJI15 Invesco Ltd N/A 155950.000000000000 NS USD 2587210.500000000000 2.8688202842 Long EC CORP US N 1 N N N Shyft Group Inc/The 549300YY0TB51BGRV994 Shyft Group Inc/The 825698103 285000.000000000000 NS USD 3539700.000000000000 3.9249852921 Long EC CORP US N 1 N N N Timken Co/The B0I35MLPFXZSE70ASS73 Timken Co/The 887389104 17000.000000000000 NS USD 1486310.000000000000 1.6480902024 Long EC CORP US N 1 N N N U.S. Bank Money Market Deposit Account N/A U.S. Bank Money Market Deposit Account 8AMMF0A92 3805604.920000000000 NS USD 3805604.920000000000 4.2198331324 Long STIV RF US N 1 N N N Vishay Intertechnology Inc 5493009O8F3QQJTCQR75 Vishay Intertechnology Inc 928298108 104000.000000000000 NS USD 2358720.000000000000 2.6154593068 Long EC CORP US N 1 N N Vontier Corp 549300VVSQLG4P5K4639 Vontier Corp 928881101 34900.000000000000 NS USD 1583064.000000000000 1.7553755732 Long EC CORP US N 1 N N N Wabash National Corp 5299004ZAWHQZI5XO485 Wabash National Corp 929566107 38000.000000000000 NS USD 1137720.000000000000 1.2615572694 Long EC CORP US N 1 N N Warner Bros Discovery Inc 5493006ZCRFWKF6B1K26 Warner Bros Discovery Inc 934423104 175200.000000000000 NS USD 1529496.000000000000 1.6959768637 Long EC CORP US N 1 N N Johnson Outdoors Inc N/A Johnson Outdoors Inc 479167108 51000.000000000000 NS USD 2351610.000000000000 2.6075754055 Long EC CORP US N 1 N N Jones Lang LaSalle Inc 6SYKCME112RT8TQUO411 Jones Lang LaSalle Inc 48020Q107 11680.000000000000 NS USD 2278651.200000000000 2.5266752679 Long EC CORP US N 1 N N N Korn Ferry 549300FOD20OM0GT5G40 Korn Ferry 500643200 30586.000000000000 NS USD 2011335.360000000000 2.2302629334 Long EC CORP US N 1 N N N Kulicke & Soffa Industries Inc 529900H6BEIRBF429744 Kulicke & Soffa Industries Inc 501242101 47000.000000000000 NS USD 2364570.000000000000 2.6219460610 Long EC CORP SG N 1 N N N Middleby Corp/The JDFO86U9VQRBKW5KYA35 Middleby Corp/The 596278101 9000.000000000000 NS USD 1447110.000000000000 1.6046234048 Long EC CORP US N 1 N N N WESCO International Inc 529900TXOGREY3WNJ434 WESCO International Inc 95082P105 17700.000000000000 NS USD 3031656.000000000000 3.3616422891 Long EC CORP US N 1 N N N Winnebago Industries Inc 549300B7OYKYJLTE3G11 Winnebago Industries Inc 974637100 17500.000000000000 NS USD 1295000.000000000000 1.4359567063 Long EC CORP US N 1 N N Miller Industries Inc/TN 549300F1O74SPUJ7UU94 Miller Industries Inc/TN 600551204 39000.000000000000 NS USD 1953900.000000000000 2.1665759139 Long EC CORP US N 1 N N N Mohawk Industries Inc 549300JI1115MG3Q6322 Mohawk Industries Inc 608190104 23000.000000000000 NS USD 3010470.000000000000 3.3381502592 Long EC CORP US N 1 N N N Zimmer Biomet Holdings Inc 2P2YLDVPES3BXQ1FRB91 Zimmer Biomet Holdings Inc 98956P102 14400.000000000000 NS USD 1900512.000000000000 2.1073767968 Long EC CORP US N 1 N N Sensata Technologies Holding P 529900MS7KFYCY9MS037 Sensata Technologies Holding PLC N/A 94500.000000000000 NS USD 3471930.000000000000 3.8498387392 Long EC CORP US N 1 N N N Prestige Consumer Healthcare I N/A Prestige Consumer Healthcare Inc 74112D101 39000.000000000000 NS USD 2829840.000000000000 3.1378592477 Long EC CORP US N 1 N N Prosperity Bancshares Inc N/A Prosperity Bancshares Inc 743606105 28000.000000000000 NS USD 1841840.000000000000 2.0423185328 Long EC CORP US N 1 N N N Reynolds Consumer Products Inc N/A Reynolds Consumer Products Inc 76171L106 71050.000000000000 NS USD 2029188.000000000000 2.2500587776 Long EC CORP US N 1 N N N Mount Vernon Liquid Assets Portfolio, LLC N/A Mount Vernon Liquid Assets Portfolio, LLC N/A 11722641.500000000000 NS USD 11722641.500000000000 12.9986144228 Long STIV PF US N 1 N N 2024-05-28 Managed Portfolio Series /s/ Benjamin Eirich Managed Portfolio Series Treasurer XXXX NPORT-EX 2 so-soi.htm
   
The Olstein Strategic Opportunities Fund
  
Schedule of Investments
  
as of March 31, 2024 (Unaudited)
  
   
COMMON STOCKS - 95.2%
  
Shares
    
Value
  
Auto Components - 2.2%
        
Miller Industries, Inc.
    
39,000
    
$
1,953,900
  
                 
Auto Manufacturers - 3.9%
          
Blue Bird Corporation (a)
    
92,000
      
3,527,280
  
                 
Automobiles - 1.5%
          
Winnebago Industries, Inc. (b)
    
17,500
      
1,295,000
  
                 
Banks - 2.4%
          
First Hawaiian, Inc.
    
98,000
      
2,152,080
  
                 
Commercial Banks - 7.7%
          
Citizens Financial Group, Inc.
    
80,783
      
2,931,615
  
Home BancShares, Inc. (b)
    
87,000
      
2,137,590
  
Prosperity Bancshares, Inc.
    
28,000
      
1,841,840
  
             
6,911,045
  
                 
Commercial Services & Supplies - 7.9%
          
ABM Industries, Inc.
    
64,000
      
2,855,680
  
Brady Corporation - Class A
    
37,000
      
2,193,360
  
Korn Ferry
    
30,586
      
2,011,335
  
             
7,060,375
  
                 
Diversified Financial Services - 2.9%
          
Invesco Ltd.
    
155,950
      
2,587,211
  
                 
Electronic Equipment, Instruments & Components - 4.4%
          
Vishay Intertechnology, Inc.(b)
    
104,000
      
2,358,720
  
Vontier Corp.
    
34,900
      
1,583,064
  
             
3,941,784
  
                 
Electronics - 3.8%
          
Sensata Technologies Holding PLC
    
94,500
      
3,471,930
  
                 
Entertainment - 1.7%
          
Warner Bros Discovery, Inc.(a)(b)
    
175,200
      
1,529,496
  
                 
Health Care Equipment & Supplies - 2.1%
          
Zimmer Biomet Holdings, Inc.(b)
    
14,400
      
1,900,512
  
                 
Health Care Products - 3.9%
          
Integra LifeSciences Holdings Corporation(a)(b)
    
100,000
      
3,545,000
  
                 
Hotels, Restaurants & Leisure - 2.5%
          
Denny's Corporation(a)
    
252,413
      
2,261,621
  
                 
Household Durables - 6.7%
          
Central Garden & Pet Company - Class A(a)
    
83,000
      
3,064,360
  
Mohawk Industries, Inc.(a)
    
22,750
      
2,977,747
  
             
6,042,107
  
                 
Household Products - 2.2%
          
Reynolds Consumer Products, Inc.
    
71,050
      
2,029,188
  
                 
Industrial Equipment Wholesale - 3.3%
          
WESCO International, Inc.
    
17,450
      
2,988,836
  
                 
Leisure Products - 2.6%
          
Johnson Outdoors, Inc. - Class A(b)
    
51,000
      
2,351,610
  
                 
Machinery - 13.8%
          
Douglas Dynamics, Inc.
    
44,000
      
1,061,280
  
Gates Industrial Corporation PLC(a)
    
204,000
      
3,612,840
  
Graham Corporation(a)
    
48,000
      
1,309,440
  
Middleby Corporation(a)
    
9,000
      
1,447,110
  
Shyft Group, Inc.
    
285,000
      
3,539,700
  
Timken Company
    
17,000
      
1,486,310
  
             
12,456,680
  
                 
Materials - 1.5%
          
Axalta Coating Systems Ltd.(a)
    
40,200
      
1,382,478
  
                 
Pharmaceuticals - 3.1%
          
Prestige Consumer Healthcare, Inc.(a)(b)
    
39,000
      
2,829,840
  
                 
Professional Services - 1.0%
          
First Advantage Corp.(b)
    
57,000
      
924,540
  
                 
Real Estate Management & Development - 5.2%
          
Cushman & Wakefield PLC(a)
    
233,000
      
2,437,180
  
Jones Lang LaSalle, Inc.(a)
    
11,680
      
2,278,651
  
             
4,715,831
  
                 
Restaurants - 5.0%
          
Cracker Barrel Old Country Store, Inc.(b)
    
20,004
      
1,454,891
  
Dine Brands Global, Inc.
    
66,400
      
3,086,272
  
             
4,541,163
  
                 
Semiconductors & Semiconductor Equipment - 2.6%
          
Kulicke and Soffa Industries, Inc.
    
47,000
      
2,364,570
  
                 
Transportation Equipment - 1.3%
          
Wabash National Corporation(b)
    
38,000
      
1,137,720
  
TOTAL COMMON STOCKS (Cost $76,524,836)
      
85,901,796
  
                 
SHORT-TERM INVESTMENTS - 13.0%
                
Investments Purchased with Proceeds from Securities Lending - 13.0%
  
Shares
          
Mount Vernon Liquid Assets Portfolio, LLC, 5.44%(c)
    
11,722,642
      
11,722,642
  
TOTAL SHORT-TERM INVESTMENTS (Cost $11,722,642)
      
11,722,642
  
                 
TOTAL INVESTMENTS - 108.2% (Cost $88,247,478)
    
$
97,624,438
  
Money Market Deposit Account - 4.2%(d)
      
3,798,020
  
Liabilities in Excess of Other Assets - (12.4)%
      
(11,222,257
)
TOTAL NET ASSETS - 100.0%
          
$
90,200,201
  
               
Percentages are stated as a percent of net assets.
          

PLC - Public Limited Company

(a)
Non-income producing security.
(b)
All or a portion of this security is on loan as of March 31, 2024. The total market value of these securities was $11,498,702 which represented 12.7% of net assets.
(c)
The rate shown represents the 7-day effective yield as of March 31, 2024.
(d)
The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of March 31, 2024 was 5.17%.

Summary of Fair Value Exposure
 
The Fund has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value.  These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion in changes in valuation techniques and related inputs during the period and expanded disclosure of valuation Levels for major security types.  These inputs are summarized in the three broad Levels listed below:
 
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 inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
The following is a summary of the inputs used to value the Fund's securities as of March 31, 2024:
 
The Olstein Strategic Opportunities Fund
  
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
  Common Stocks
  
$
85,901,796
      
–
      
–
    
$
85,901,796
  
  Investments Purchased with Proceeds from Securities Lending (a)
    
11,722,642
      
–
      
–
      
11,722,642
  
Total Assets
  
$
97,624,438
      
–
      
–
    
$
97,624,438
  
                                 
(a)
Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

Refer to the Schedule of Investments for industry classifications.