CONGRESS LARGE CAP GROWTH FUND
SCHEDULE OF INVESTMENTS at January 31, 2023 (Unaudited)
Shares			Value
COMMON STOCKS: 98.9%
Aerospace & Defense: 1.5%
	13,450	Northrop Grumman Corp.	$	6,026,138
Banks: 2.0%
	55,725	First Republic Bank		7,850,538
Beverages: 2.4%
	56,300	PepsiCo, Inc.		9,628,426
Capital Markets: 1.5%
	15,000	CME Group, Inc. - Class A		2,649,900
	10,000	Moody’s Corp.		3,227,500
				5,877,400
Chemicals: 1.9%
	31,575	The Sherwin-Williams Co.		7,470,329
Communications Equipment: 1.5%
	110,896	Ciena Corp. 1		5,768,810
Construction & Engineering: 1.6%
	41,525	Quanta Services, Inc.		6,319,690
Electrical Equipment: 1.6%
	40,000	Eaton Corp PLC		6,488,400
Food & Staples Retailing: 3.5%
	26,900	Costco Wholesale Corp.		13,749,666
Health Care Equipment & Supplies: 4.6%
	97,556	Abbott Laboratories		10,784,816
	29,700	Intuitive Surgical, Inc. 1		7,296,993
				18,081,809
Health Care Providers & Services: 2.7%
	21,400	UnitedHealth Group, Inc.		10,682,666
Health Care Technology: 1.1%
	24,714	Veeva Systems, Inc. - Class A 1		4,214,973
Hotels, Restaurants & Leisure: 1.3%
	35,025	Darden Restaurants, Inc.		5,182,649
Household Products: 2.3%
	64,600	The Procter & Gamble Co.		9,197,748
Interactive Media & Services: 4.3%
	124,000	Alphabet, Inc. - Class A 1		12,256,160
	49,500	Alphabet, Inc. - Class C 1		4,943,565
				17,199,725
Internet & Direct Marketing Retail: 4.0%
	155,600	Amazon.com, Inc. 1		16,047,028
IT Services: 6.3%
	29,225	Accenture PLC - Class A		8,155,236
	74,100	Visa, Inc. - Class A		17,058,561
				25,213,797
Machinery: 5.0%
	45,000	Caterpillar, Inc.		11,353,050
	55,800	Dover Corp.		8,472,114
				19,825,164
Metals & Mining: 2.4%
	217,200	Freeport-McMoRan Copper & Gold, Inc.		9,691,464
Oil, Gas & Consumable Fuels: 4.0%
	34,600	Chevron Corp.		6,021,092
	43,700	Pioneer Natural Resources Co.		10,066,295
				16,087,387
Personal Products: 1.5%
	21,700	Estée Lauder Companies, Inc. - Class A		6,012,636
Pharmaceuticals: 4.4%
	24,200	Eli Lilly & Co.		8,328,430
	54,200	Zoetis, Inc.		8,969,558
				17,297,988
Road & Rail: 1.3%
	15,000	Old Dominion Freight Line, Inc.		4,998,600
Semiconductors & Semiconductor Equipment: 3.5%
	26,000	NVIDIA Corp.		5,079,620
	48,900	NXP Semiconductors NV		9,012,759
				14,092,379
Software: 20.0%
	41,275	Adobe, Inc. 1		15,285,783
	26,500	Intuit, Inc.		11,200,755
	96,800	Microsoft Corp.		23,988,008
	19,675	Paycom Software, Inc. 1		6,373,520
	20,500	Roper Technologies, Inc.		8,748,375
	9,825	ServiceNow, Inc. 1		4,471,652
	27,000	Synopsys, Inc. 1		9,551,250
				79,619,343
Specialty Retail: 6.0%
	45,475	The Home Depot, Inc.		14,741,631
	11,700	O’Reilly Automotive, Inc. 1		9,270,495
				24,012,126
Technology Hardware, Storage & Peripherals: 6.7%
	184,000	Apple, Inc.		26,549,360
TOTAL COMMON STOCKS
(Cost $213,993,748)				393,186,239
SHORT-TERM INVESTMENTS: 1.1%
Money Market Funds: 1.1%
	4,510,905	First American Treasury Obligations Fund - Institutional Class, 4.240% 2		4,510,905
TOTAL SHORT-TERM INVESTMENTS
(Cost $4,510,905)				4,510,905
TOTAL INVESTMENTS IN SECURITIES: 100.0%
(Cost $218,504,653)				397,697,144
Other Assets in Excess of Liabilities: 0.0% 3				58,965
TOTAL NET ASSETS: 100.0%			$	397,756,109

1	Non-income producing security.
2	Annualized seven-day effective yield as of January 31, 2023.
3	Does not round to 0.1% or (0.1)%, as applicable.
The Global Industry Classification Standard (“GICS®”) sector and industry classifications were developed by and/or are the exclusive property of MSCI, Inc. and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI, Inc. and S&P and has been licensed for use by the Congress Large Cap Growth Fund’s (the “Fund”) administrator, U.S. Bancorp Fund Services, LLC.

Congress Large Cap Growth Fund

Summary of Fair Value Exposure at January 31, 2023 (Unaudited)

The Fund utilizes various methods to measure the fair value of its investments on a recurring basis.  U.S. GAAP (Generally Accepted Accounting Principles) establishes 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 spreads, 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, 2023. See the Schedule of Investments for an industry breakout:

Description	Level 1		Level 2		Level 3		Total
Common Stocks	$	393,186,239	$	-	$	-	$	393,186,239
Short-Term Investments		4,510,905		-		-		4,510,905
Total Investments in Securities	$	397,697,144	$	-	$	-	$	397,697,144