ADVISERS INVESTMENT TRUST
VONTOBEL U.S. EQUITY INSTITUTIONAL FUND
SCHEDULE OF INVESTMENTS
December 31, 2023 (Unaudited)
Percentage of Net Assets | Shares | Value | |
COMMON STOCKS | 98.1% | ||
Communication Services | 6.8% | ||
Alphabet, Inc. - Class A(a) | 3,691 | $515,596 | |
Alphabet, Inc. - Class C(a) | 9,202 | 1,296,838 | |
Comcast Corp. - Class A | 15,730 | 689,760 | |
2,502,194 | |||
Consumer Discretionary | 8.1% | ||
Amazon.com, Inc.(a) | 12,540 | 1,905,328 | |
Booking Holdings, Inc.(a) | 115 | 407,930 | |
Home Depot (The), Inc. | 1,053 | 364,917 | |
NIKE, Inc., Class B | 2,745 | 298,025 | |
2,976,200 | |||
Consumer Staples | 18.0% | ||
Casey's General Stores, Inc. | 3,953 | 1,086,047 | |
Coca-Cola (The) Co. | 26,322 | 1,551,155 | |
Hershey (The) Co. | 3,113 | 580,388 | |
Mondelez International, Inc. - Class A | 22,001 | 1,593,532 | |
PepsiCo, Inc. | 6,486 | 1,101,582 | |
Walmart, Inc. | 4,610 | 726,767 | |
6,639,471 | |||
Financials | 19.0% | ||
Berkshire Hathaway, Inc. - Class B(a) | 2,385 | 850,634 | |
CME Group, Inc. | 6,643 | 1,399,016 | |
Intercontinental Exchange, Inc. | 12,761 | 1,638,895 | |
Mastercard, Inc. - Class A | 3,491 | 1,488,946 | |
Progressive (The) Corp. | 4,146 | 660,375 | |
Visa, Inc. - Class A | 3,680 | 958,088 | |
6,995,954 | |||
Health Care | 18.7% | ||
Abbott Laboratories | 11,108 | 1,222,657 | |
Becton Dickinson and Co. | 3,936 | 959,715 | |
Boston Scientific Corp.(a) | 20,398 | 1,179,208 | |
Humana, Inc. | 1,680 | 769,121 | |
Intuitive Surgical, Inc.(a) | 294 | 99,184 | |
Thermo Fisher Scientific, Inc. | 2,370 | 1,257,972 | |
UnitedHealth Group, Inc. | 2,708 | 1,425,681 | |
6,913,538 | |||
Industrials | 4.4% | ||
Copart, Inc.(a) | 2,400 | 117,600 | |
Graco, Inc. | 4,229 | 366,908 | |
RB Global Inc. | 17,376 | 1,162,281 | |
1,646,789 | |||
Information Technology | 19.2% | ||
Adobe, Inc.(a) | 2,200 | 1,312,520 | |
Amphenol Corp. - Class A | 6,126 | 607,271 |
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ADVISERS INVESTMENT TRUST
VONTOBEL U.S. EQUITY INSTITUTIONAL FUND
SCHEDULE OF INVESTMENTS
December 31, 2023 (Unaudited)
Percentage of Net Assets | Shares | Value | |
Intuit, Inc. | 1,910 | $1,193,807 | |
Keysight Technologies, Inc.(a) | 2,679 | 426,202 | |
KLA Corp. | 751 | 436,556 | |
Microsoft Corp. | 5,868 | 2,206,603 | |
ServiceNow, Inc.(a) | 769 | 543,291 | |
Synopsys, Inc.(a) | 667 | 343,445 | |
7,069,695 | |||
Materials | 2.6% | ||
Sherwin-Williams (The) Co. | 1,264 | 394,242 | |
Vulcan Materials Co. | 2,544 | 577,513 | |
971,755 | |||
Real Estate | 1.3% | ||
American Tower Corp. | 2,235 | 482,492 | |
TOTAL COMMON STOCKS (Cost $27,045,090) | 36,198,088 | ||
SHORT-TERM INVESTMENTS | 2.2% | ||
Northern Institutional U.S. Government Select Portfolio – Shares Class, 5.24%(b) | 800,446 | 800,446 | |
TOTAL SHORT-TERM INVESTMENTS (Cost $800,446) | 800,446 | ||
TOTAL INVESTMENTS (Cost $27,845,536) | 100.3% | 36,998,534 | |
NET OTHER ASSETS (LIABILITIES) | (0.3%) | (122,938) | |
NET ASSETS | 100.0% | $36,875,596 |
(a)Non-income producing security. |
(b)7-day current yield as of December 31, 2023 is disclosed. |
At December 31, 2023, the Fund’s investments (excluding short-term investments) were domiciled in the following countries:
CONCENTRATION BY COUNTRY | % OF NET ASSETS |
United States | 95.0% |
Canada | 3.1 |
Total | 98.1% |
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ADVISERS INVESTMENT TRUST
VONTOBEL GLOBAL ENVIRONMENTAL CHANGE FUND
SCHEDULE OF INVESTMENTS
December 31, 2023 (Unaudited)
Percentage of Net Assets | Shares | Value | |
COMMON STOCKS | 97.9% | ||
Consumer Discretionary | 2.7% | ||
Hanon Systems | 12,300 | $69,357 | |
LKQ Corp. | 3,128 | 149,487 | |
Shimano, Inc. | 560 | 86,720 | |
305,564 | |||
Financials | 0.8% | ||
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 3,160 | 87,153 | |
Industrials | 43.6% | ||
A.O. Smith Corp. | 1,979 | 163,149 | |
Alstom S.A. | 7,788 | 104,718 | |
ANDRITZ A.G. | 2,268 | 141,212 | |
Carrier Global Corp. | 3,279 | 188,379 | |
Cie de Saint-Gobain S.A. | 4,068 | 299,361 | |
Clean Harbors, Inc.(a) | 1,260 | 219,883 | |
Daifuku Co. Ltd. | 7,200 | 145,660 | |
East Japan Railway Co. | 4,000 | 230,610 | |
Ferguson PLC | 1,162 | 224,347 | |
Jiangsu Zhongtian Technology Co. Ltd. - ADR | 32,000 | 56,090 | |
Johnson Controls International PLC | 2,903 | 167,329 | |
KION Group A.G. | 2,086 | 89,051 | |
MasTec, Inc.(a) | 2,263 | 171,354 | |
Nidec Corp. | 1,900 | 76,741 | |
Prysmian S.p.A. | 6,696 | 304,331 | |
Quanta Services, Inc. | 1,407 | 303,631 | |
Regal Rexnord Corp. | 1,124 | 166,374 | |
Schneider Electric S.E. | 1,015 | 203,686 | |
Siemens A.G. - REG | 1,395 | 261,678 | |
Spirax-Sarco Engineering PLC | 929 | 124,395 | |
Stantec, Inc. | 2,597 | 208,497 | |
Tetra Tech, Inc. | 1,215 | 202,820 | |
Trane Technologies PLC | 928 | 226,339 | |
Union Pacific Corp. | 856 | 210,251 | |
Veralto Corp. | 1,157 | 95,175 | |
Vestas Wind Systems A/S(a) | 4,518 | 143,381 | |
Xylem, Inc. | 2,392 | 273,549 | |
5,001,991 | |||
Information Technology | 28.6% | ||
ANSYS, Inc.(a) | 519 | 188,335 | |
Applied Materials, Inc. | 2,111 | 342,130 | |
ASML Holding N.V. | 302 | 227,274 | |
Chroma ATE, Inc. | 11,000 | 76,343 | |
First Solar, Inc.(a) | 636 | 109,570 | |
Infineon Technologies A.G. | 4,333 | 180,813 | |
Itron, Inc.(a) | 1,512 | 114,171 |
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ADVISERS INVESTMENT TRUST
VONTOBEL GLOBAL ENVIRONMENTAL CHANGE FUND
SCHEDULE OF INVESTMENTS
December 31, 2023 (Unaudited)
Percentage of Net Assets | Shares | Value | |
Keysight Technologies, Inc.(a) | 718 | $114,227 | |
Murata Manufacturing Co. Ltd. | 8,500 | 180,429 | |
NXP Semiconductors N.V. | 1,148 | 263,673 | |
Power Integrations, Inc. | 1,222 | 100,338 | |
Rohm Co. Ltd. | 7,000 | 134,167 | |
Roper Technologies, Inc. | 424 | 231,152 | |
Samsung SDI Co. Ltd. | 500 | 182,005 | |
Synopsys, Inc.(a) | 759 | 390,817 | |
Trimble, Inc.(a) | 2,868 | 152,577 | |
Universal Display Corp. | 723 | 138,281 | |
Xinyi Solar Holdings Ltd. | 83,000 | 48,470 | |
Zebra Technologies Corp. - Class A(a) | 400 | 109,332 | |
3,284,104 | |||
Materials | 10.0% | ||
Air Liquide S.A. | 1,557 | 302,724 | |
Ecolab, Inc. | 1,011 | 200,532 | |
Linde PLC | 866 | 355,675 | |
Smurfit Kappa Group PLC | 2,741 | 108,570 | |
West Fraser Timber Co. Ltd. | 2,124 | 181,711 | |
1,149,212 | |||
Real Estate | 1.7% | ||
Equinix, Inc. | 250 | 201,348 | |
Utilities | 10.5% | ||
American Water Works Co., Inc. | 1,620 | 213,824 | |
EDP Renovaveis S.A. | 4,707 | 96,261 | |
Iberdrola S.A. | 25,648 | 336,089 | |
National Grid PLC | 13,274 | 179,010 | |
NextEra Energy, Inc. | 3,116 | 189,266 | |
Veolia Environnement S.A. | 6,038 | 190,371 | |
1,204,821 | |||
TOTAL COMMON STOCKS (Cost $9,738,740) | 11,234,193 | ||
SHORT-TERM INVESTMENTS | 1.7% | ||
Northern Institutional Treasury Portfolio (Premier Class), 5.22%(b) | 189,069 | 189,069 | |
TOTAL SHORT-TERM INVESTMENTS (Cost $189,069) | 189,069 | ||
TOTAL INVESTMENTS (Cost $9,927,809) | 99.6% | 11,423,262 | |
NET OTHER ASSETS (LIABILITIES) | 0.4% | 49,734 | |
NET ASSETS | 100.0% | $11,472,996 |
(a)Non-income producing security. |
(b)7-day current yield as of December 31, 2023 is disclosed. |
Abbreviations: |
ADR – American Depositary Receipt |
REG – Registered |
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ADVISERS INVESTMENT TRUST
VONTOBEL GLOBAL ENVIRONMENTAL CHANGE FUND
SCHEDULE OF INVESTMENTS
December 31, 2023 (Unaudited)
At December 31, 2023, the Fund’s investments (excluding short-term investments) were domiciled in the following countries:
CONCENTRATION BY COUNTRY | % OF NET ASSETS |
United States | 45.2% |
France | 9.6 |
Ireland | 7.5 |
Japan | 7.6 |
Germany | 4.7 |
Netherlands | 4.3 |
Spain | 3.7 |
Canada | 3.4 |
Italy | 2.7 |
United Kingdom | 2.7 |
South Korea | 2.2 |
Jersey | 2.0 |
All other countries less than 2% | 4.0 |
Total | 99.6% |
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