Aristotle Funds Series Trust NPORT-P Aristotle Value Equity Fund (Dec 2023 report)

Aristotle Value Equity Fund
Schedule of Investments
as of December 31, 2023 (Unaudited)
COMMON STOCKS - 94.6%	Shares		Value
Consumer Discretionary - 5.4%
Cie Generale des Etablissements Michelin SCA - ADR		749,900	$	13,468,204
Lennar Corp. - Class A		157,400		23,458,896
Lennar Corp. - Class B		78		10,456
				36,937,556
Consumer Staples - 7.7%
Coca-Cola Co.		243,600		14,355,348
Constellation Brands, Inc. - Class A		50,400		12,184,200
Procter & Gamble Co.		90,300		13,232,562
Sysco Corp.		168,400		12,315,092
				52,087,202
Energy - 4.2%
Coterra Energy, Inc.		557,600		14,229,952
Phillips 66		109,000		14,512,260
				28,742,212
Financials - 16.3%
Ameriprise Financial, Inc.		51,900		19,713,177
Blackstone, Inc.		130,200		17,045,784
Capital One Financial Corp.		135,100		17,714,312
Commerce Bancshares, Inc./MO		130,300		6,959,323
Cullen/Frost Bankers, Inc.		93,900		10,187,211
Mitsubishi UFJ Financial Group, Inc. - ADR		1,170,600		10,078,866
PNC Financial Services Group, Inc.		82,700		12,806,095
US Bancorp		370,800		16,048,224
				110,552,992
Health Care - 10.9%
Alcon, Inc.		176,400		13,780,368
Amgen, Inc.		61,000		17,569,220
Danaher Corp.		68,800		15,916,192
Medtronic PLC		129,000		10,627,020
Merck & Co., Inc.		146,300		15,949,626
				73,842,426
Industrials - 11.9%
General Dynamics Corp.		53,000		13,762,510
Honeywell International, Inc.		72,600		15,224,946
Oshkosh Corp.		95,100		10,309,791
Parker-Hannifin Corp.		52,100		24,002,470
Veralto Corp. (a)		23,166		1,905,635
Xylem, Inc./NY		136,100		15,564,396
				80,769,748
Information Technology - 13.0%
Adobe, Inc.(a)		40,900		24,400,940
Microchip Technology, Inc.		220,400		19,875,672
Microsoft Corp.		79,100		29,744,764
Teledyne Technologies, Inc.(a)		32,000		14,281,280
				88,302,656
Materials - 10.4%
Corteva, Inc.		386,600		18,525,872
Ecolab, Inc.		75,200		14,915,920
Martin Marietta Materials, Inc.		43,800		21,852,258
RPM International, Inc.		140,800		15,717,504
				71,011,554
Technology - 10.4%
ANSYS, Inc.(a)		57,800		20,974,464
Autodesk, Inc.(a)		67,900		16,532,292
QUALCOMM, Inc.		115,100		16,646,913
Sony Group Corp. - ADR		175,000		16,570,750
				70,724,419
Utilities - 4.4%
Atmos Energy Corp.		136,400		15,808,760
Xcel Energy, Inc.		224,000		13,867,840
				29,676,600
TOTAL COMMON STOCKS (Cost $482,545,206)				642,647,365
REAL ESTATE INVESTMENT TRUSTS - 3.4%	Shares		Value
Crown Castle, Inc.		93,400		10,758,746
Equity LifeStyle Properties, Inc.		170,800		12,048,232
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $25,039,449)				22,806,978
TOTAL INVESTMENTS - 98.0% (Cost $507,584,655)			$	665,454,343
Other Assets in Excess of Liabilities - 2.0%				13,734,667
TOTAL NET ASSETS - 100.0%			$	679,189,010
Percentages are stated as a percent of net assets.
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, Inc. and S&P and has been licensed for use by U.S. Bank Global Fund Services.

ADR - American Depositary Receipt

PLC - Public Limited Company

(a) Non-income producing security.