(null)

NPORT-P false 0001027596 XXXXXXXX S000037501 C000115769 C000115770 Advisors Series Trust 811-07959 0001027596 2549003Z0J6URS6I4Y63 615 East Michigan Street Milwaukee 53202 626-914-7363 Logan Capital Large Cap Growth Fund S000037501 254900PFDE2T367XTW45 2022-04-30 2021-07-31 N 61754059.390000000000 153011.720000000000 61601047.670000000000 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 Fastenal Co 529900PP0C7H2HHPSJ32 Fastenal Co 311900104 20623.000000000000 NS USD 1129521.710000000000 1.8336079543 Long EC CORP US N 1 N N N Fidelity Government Portfolio N/A Fidelity Government Portfolio 316175108 433605.460000000000 NS USD 433605.460000000000 0.7038929960 Long STIV RF US N 1 N N N Global Payments Inc 549300NOMHGVQBX6S778 Global Payments Inc 37940X102 10981.000000000000 NS USD 2123835.210000000000 3.4477257942 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 Home Depot Inc/The 437076102 4195.000000000000 NS USD 1376757.050000000000 2.2349571997 Long EC CORP US N 1 N N N IPG Photonics Corp 5493002KZ51CADQ94G15 IPG Photonics Corp 44980X109 2634.000000000000 NS USD 574633.440000000000 0.9328306283 Long EC CORP US N 1 N N N Insperity Inc 5299000Q0KW7HY5DB751 Insperity Inc 45778Q107 4703.000000000000 NS USD 465832.150000000000 0.7562081614 Long EC CORP US N 1 N N N IQVIA Holdings Inc 549300W3R20NM4KQPH86 IQVIA Holdings Inc 46266C105 3556.000000000000 NS USD 880821.200000000000 1.4298802266 Long EC CORP US N 1 N N N KLA Corp 549300H0BF5JCG96TJ81 KLA Corp 482480100 5894.000000000000 NS USD 2052055.040000000000 3.3312015260 Long EC CORP US N 1 N N N Estee Lauder Cos Inc/The 549300VFZ8XJ9NUPU221 Estee Lauder Cos Inc/The 518439104 6049.000000000000 NS USD 2019337.670000000000 3.2780898156 Long EC CORP US N 1 N N N Lithia Motors Inc SE8N1EZEHPZQBCBVKD53 Lithia Motors Inc 536797103 1073.000000000000 NS USD 404757.060000000000 0.6570619743 Long EC CORP US N 1 N N N Lululemon Athletica Inc 549300D9GZ4BMLDW5T40 Lululemon Athletica Inc 550021109 1783.000000000000 NS USD 713503.110000000000 1.1582645701 Long EC CORP CA N 1 N N N Mastercard Inc AR5L2ODV9HN37376R084 Mastercard Inc 57636Q104 6676.000000000000 NS USD 2576535.440000000000 4.1826162662 Long EC CORP US N 1 N N N Mettler-Toledo International I 5493000BD5GJNUDIUG10 Mettler-Toledo International Inc 592688105 1122.000000000000 NS USD 1653502.620000000000 2.6842118479 Long EC CORP US N 1 N N N Monster Beverage Corp 52990090AP0E7HCB6F33 Monster Beverage Corp 61174X109 14748.000000000000 NS USD 1391031.360000000000 2.2581293868 Long EC CORP US N 1 N N N Netflix Inc 549300Y7VHGU0I7CE873 Netflix Inc 64110L106 4589.000000000000 NS USD 2375128.730000000000 3.8556628821 Long EC CORP US N 1 N N N NIKE Inc 787RXPR0UX0O0XUXPZ81 NIKE Inc 654106103 6038.000000000000 NS USD 1011425.380000000000 1.6418963934 Long EC CORP US N 1 N N N Nordson Corp 14OS6Q5N55N95WM84M53 Nordson Corp 655663102 3151.000000000000 NS USD 712535.630000000000 1.1566940124 Long EC CORP US N 1 N N N Old Dominion Freight Line Inc 5299009TWK32WE417T96 Old Dominion Freight Line Inc 679580100 1076.000000000000 NS USD 289605.400000000000 0.4701306406 Long EC CORP US N 1 N N N OneMain Holdings Inc 549300E3VEW8SMS5XW09 OneMain Holdings Inc 68268W103 9646.000000000000 NS USD 588406.000000000000 0.9551883000 Long EC CORP US N 1 N N N Paycom Software Inc 254900LSB0HNJUDC6Q18 Paycom Software Inc 70432V102 3516.000000000000 NS USD 1406400.000000000000 2.2830780534 Long EC CORP US N 1 N N N Pool Corp 5493005VZK1KMN6CO617 Pool Corp 73278L105 950.000000000000 NS USD 453929.000000000000 0.7368851946 Long EC CORP US N 1 N N N RH 5493008MTS3OGGMHGK69 RH 74967X103 822.000000000000 NS USD 545873.760000000000 0.8861436301 Long EC CORP US N 1 N N N Sherwin-Williams Co/The Z15BMIOX8DDH0X2OBP21 Sherwin-Williams Co/The 824348106 3618.000000000000 NS USD 1052946.540000000000 1.7092997276 Long EC CORP US N 1 N N N Starbucks Corp OQSJ1DU9TAOC51A47K68 Starbucks Corp 855244109 10856.000000000000 NS USD 1318244.080000000000 2.1399702276 Long EC CORP US N 1 N N N Trade Desk Inc/The 549300GXPD31VT3E0P46 Trade Desk Inc/The 88339J105 14690.000000000000 NS USD 1203257.900000000000 1.9533075256 Long EC CORP US N 1 N N N Trimble Inc 549300E2MI7NSZFQWS19 Trimble Inc 896239100 6653.000000000000 NS USD 568831.500000000000 0.9234120547 Long EC CORP US N 1 N N N TTEC Holdings Inc GTJS1N8S8I28A7L4WG97 TTEC Holdings Inc 89854H102 5242.000000000000 NS USD 547789.000000000000 0.8892527331 Long EC CORP US N 1 N N N United Rentals Inc 5323X5O7RN0NKFCDRY08 United Rentals Inc 911363109 3163.000000000000 NS USD 1042366.650000000000 1.6921248736 Long EC CORP US N 1 N N N Waters Corp 5T547R1474YC9HOD8Q74 Waters Corp 941848103 3000.000000000000 NS USD 1169430.000000000000 1.8983930375 Long EC CORP US N 1 N N N Williams-Sonoma Inc 549300IARG6YWVTZ1I92 Williams-Sonoma Inc 969904101 10708.000000000000 NS USD 1624403.600000000000 2.6369739825 Long EC CORP US N 1 N N N YETI Holdings Inc 549300DSQICIGNT5GO63 YETI Holdings Inc 98585X104 6712.000000000000 NS USD 646566.960000000000 1.0496038370 Long EC CORP US N 1 N N N Zebra Technologies Corp PO0I32GKZ3HZMMDPZZ08 Zebra Technologies Corp 989207105 854.000000000000 NS USD 471817.920000000000 0.7659251552 Long EC CORP US N 1 N N N Zoetis Inc 549300HD9Q1LOC9KLJ48 Zoetis Inc 98978V103 5704.000000000000 NS USD 1156200.800000000000 1.8769174287 Long EC CORP US N 1 N N N Adobe Inc FU4LY2G4933NH2E1CP29 Adobe Inc 00724F101 1904.000000000000 NS USD 1183583.520000000000 1.9213691402 Long EC CORP US N 1 N N N Agilent Technologies Inc QUIX8Y7A2WP0XRMW7G29 Agilent Technologies Inc 00846U101 5301.000000000000 NS USD 812272.230000000000 1.3186013237 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet Inc 02079K107 408.000000000000 NS USD 1103403.360000000000 1.7912087566 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet Inc 02079K305 598.000000000000 NS USD 1611328.940000000000 2.6157492461 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 Amazon.com Inc 023135106 638.000000000000 NS USD 2123002.420000000000 3.4463738853 Long EC CORP US N 1 N N N Amphenol Corp 549300D3L3G0R4U4VT04 Amphenol Corp 032095101 25936.000000000000 NS USD 1880100.640000000000 3.0520595203 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 Apple Inc 037833100 22198.000000000000 NS USD 3237800.280000000000 5.2560798923 Long EC CORP US N 1 N N N Broadcom Inc 549300WV6GIDOZJTV909 Broadcom Inc 11135F101 4728.000000000000 NS USD 2294971.200000000000 3.7255392348 Long EC CORP US N 1 N N N Burlington Stores Inc 5299003Z37DVGKKC1W09 Burlington Stores Inc 122017106 1396.000000000000 NS USD 467380.800000000000 0.7587221609 Long EC CORP US N 1 N N N CDW Corp/DE 9845001B052ABF0B6755 CDW Corp/DE 12514G108 4052.000000000000 NS USD 742934.200000000000 1.2060415011 Long EC CORP US N 1 N N N Charles River Laboratories Int 549300BSQ0R4UZ5KX287 Charles River Laboratories International Inc 159864107 1773.000000000000 NS USD 721469.160000000000 1.1711962496 Long EC CORP US N 1 N N N Cintas Corp N/A Cintas Corp 172908105 2907.000000000000 NS USD 1145881.260000000000 1.8601652136 Long EC CORP US N 1 N N N Cognizant Technology Solutions 5493006IEVQEFQO40L83 Cognizant Technology Solutions Corp 192446102 7800.000000000000 NS USD 573534.000000000000 0.9310458534 Long EC CORP US N 1 N N N Constellation Brands Inc 5493005GKEG8QCVY7037 Constellation Brands Inc 21036P108 3436.000000000000 NS USD 770832.240000000000 1.2513297568 Long EC CORP US N 1 N N N Copart Inc 549300KVYX3JWMYEHU61 Copart Inc 217204106 5971.000000000000 NS USD 877737.000000000000 1.4248734936 Long EC CORP US N 1 N N N Dick's Sporting Goods Inc 529900SSBV5I4LWSK313 Dick's Sporting Goods Inc 253393102 17447.000000000000 NS USD 1816930.580000000000 2.9495124657 Long EC CORP US N 1 N N N Electronic Arts Inc 549300O7A67PUEYKDL45 Electronic Arts Inc 285512109 6709.000000000000 NS USD 965827.640000000000 1.5678753471 Long EC CORP US N 1 N N N EPAM Systems Inc 549300XCR4R530HJP604 EPAM Systems Inc 29414B104 2453.000000000000 NS USD 1373189.400000000000 2.2291656586 Long EC CORP US N 1 N N N Facebook Inc BQ4BKCS1HXDV9HN80Z93 Facebook Inc 30303M102 5742.000000000000 NS USD 2045874.600000000000 3.3211685148 Long EC CORP US N 1 N N N 2021-08-26 Advisors Series Trust /s/ Richard Conner Advisors Series Trust Assistant Treasurer XXXX

Logan Capital Large Cap Growth Fund
Schedule of Investments
July 31, 2021 (Unaudited)

	Shares		Value
COMMON STOCKS - 99.50%
Capital Goods - 4.68%
Fastenal Co.		20,623	$	1,129,522
Nordson Corp.		3,151		712,535
United Rentals, Inc. (a)		3,163		1,042,367
				2,884,424
Commercial & Professional Services - 4.04%
Cintas Corp.		2,907		1,145,881
Copart, Inc. (a)		5,971		877,737
Insperity, Inc.		4,703		465,832
				2,489,450
Consumer Durables & Apparel - 3.85%
Lululemon Athletica, Inc. (a)		1,783		713,503
Nike, Inc.		6,038		1,011,426
YETI Holdings, Inc. (a)		6,712		646,567
				2,371,496
Consumer Services - 2.14%
Starbucks Corp.		10,856		1,318,244
Diversified Financials - 0.95%
OneMain Holdings, Inc.		9,646		588,406
Food, Beverage & Tobacco - 3.51%
Constellation Brands, Inc.		3,436		770,832
Monster Beverage Corp. (a)		14,748		1,391,032
				2,161,864
Household & Personal Products - 3.28%
Estee Lauder Cos., Inc.		6,049		2,019,338
Materials - 1.71%
Sherwin-Williams Co.		3,618		1,052,947
Media & Entertainment - 13.15%
Alphabet, Inc. - Class A (a)		598		1,611,329
Alphabet, Inc. - Class C (a)(b)		408		1,103,403
Electronic Arts, Inc.		6,709		965,828
Facebook, Inc. (a)		5,742		2,045,874
Netflix, Inc. (a)		4,589		2,375,129
				8,101,563
Pharmaceuticals, Biotechnology & Life Sciences - 10.38%
Agilent Technologies, Inc.		5,301		812,272
Charles River Laboratories International, Inc. (a)		1,773		721,469
IQVIA Holdings, Inc. (a)		3,556		880,821
Mettler-Toledo International, Inc. (a)		1,122		1,653,503
Waters Corp. (a)		3,000		1,169,430
Zoetis, Inc.		5,704		1,156,201
				6,393,696
Retailing - 14.31%
Amazon.com, Inc. (a)		638		2,123,002
Burlington Stores, Inc. (a)		1,396		467,381
Dick's Sporting Goods, Inc.		17,447		1,816,930
Home Depot, Inc.		4,195		1,376,757
Lithia Motors, Inc.		1,073		404,757
Pool Corp.		950		453,929
RH (a)		822		545,874
Williams-Sonoma, Inc.		10,708		1,624,404
				8,813,034
Semiconductors & Semiconductor Equipment - 7.06%
Broadcom, Inc.		4,728		2,294,971
KLA Corp.		5,894		2,052,055
				4,347,026
Software & Services - 17.84%
Adobe Systems, Inc. (a)		1,904		1,183,584
Cognizant Technology Solutions Corp. - Class A		7,800		573,534
EPAM Systems, Inc. (a)		2,453		1,373,189
Global Payments, Inc.		10,981		2,123,835
MasterCard, Inc.		6,676		2,576,536
Paycom Software, Inc. (a)		3,516		1,406,400
Trade Desk, Inc. (a)		14,690		1,203,258
TTEC Holdings, Inc.		5,242		547,789
				10,988,125
Technology Hardware & Equipment - 12.13%
Amphenol Corp.		25,936		1,880,101
Apple, Inc.		22,198		3,237,800
CDW Corp. of Delaware		4,052		742,934
IPG Photonics Corp. (a)		2,634		574,633
Trimble, Inc. (a)		6,653		568,832
Zebra Technologies Corp. - Class A (a)		854		471,818
				7,476,118
Transportation - 0.47%
Old Dominion Freight Line, Inc.		1,076		289,605
TOTAL COMMON STOCKS (Cost $19,792,313)				61,295,336

MONEY MARKET FUND - 0.71%
Fidelity Government Portfolio - Class I, 0.01% (c)		433,605		433,605
TOTAL MONEY MARKET FUND (Cost $433,605)				433,605

Total Investments (Cost $20,225,918) - 100.21%				61,728,941
Liabilities in Excess of Other Assets - (0.21)%				(127,893	)
TOTAL NET ASSETS - 100.00%			$	61,601,048

Percentages are stated as a percent of net assets.

(a)		Non-income producing security.
(b)		Non-voting shares.
(c)		Rate shown is the 7-day annualized yield as of July 31, 2021.

The Global Industry Classification Standard (GICS^®) was developed by and/or is the
exclusive property of MSCI, Inc. and Standard & Poor's Financial Services LLC ("S&P").
GICS is a service mark of MSCI and S&P and has been licensed for use by Logan Capital
Management, Inc.

Logan Capital Large Cap Growth Fund
Summary of Fair Value Disclosure at July 31, 2021 (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 July 31, 2021:

Logan Capital Large Cap Growth Fund	Level 1		Level 2		Level 3		Total

Common Stocks
Communication Services	$	8,101,563	$	-	$	-	$	8,101,563
Consumer Discretionary		12,502,774		-		-		12,502,774
Consumer Staples		4,181,201		-		-		4,181,201
Financials		588,406		-		-		588,406
Health Care		6,393,696		-		-		6,393,696
Industrials		5,663,480		-		-		5,663,480
Information Technology		22,811,269		-		-		22,811,269
Materials		1,052,947		-		-		1,052,947
Total Common Stocks		61,295,336		-		-		61,295,336
Money Market Fund		433,605		-		-		433,605
Total Investments	$	61,728,941	$	-	$	-	$	61,728,941

Refer to the Fund’s schedule of investments for a detailed break-out of common stocks by industry classification.