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

Aristotle Small Cap Equity Fund
Schedule of Investments
as of December 31, 2023 (Unaudited)
COMMON STOCKS - 90.4%	Shares		Value
Communication Services - 1.7%
ATN International, Inc.		34,962	$	1,362,469
TKO Group Holdings, Inc.		25,921		2,114,635
				3,477,104
Consumer Discretionary - 5.4%
1-800-Flowers.com, Inc. - Class A(a)		140,382		1,513,318
Carter's, Inc.		35,341		2,646,687
Designer Brands, Inc. - Class A		120,781		1,068,912
KB Home		35,998		2,248,435
Monro, Inc.		46,540		1,365,484
Sonos, Inc.(a)		109,870		1,883,172
Wolverine World Wide, Inc.		71,788		638,195
				11,364,203
Consumer Staples - 3.2%
Chefs' Warehouse, Inc.(a)		27,554		810,914
Herbalife Ltd.(a)		73,398		1,120,053
J & J Snack Foods Corp.		11,199		1,871,801
Nu Skin Enterprises, Inc. - Class A		52,114		1,012,054
TreeHouse Foods, Inc.(a)		47,790		1,980,895
				6,795,717
Energy - 5.1%
Ardmore Shipping Corp.		243,900		3,436,551
International Seaways, Inc.		34,445		1,566,559
Northern Oil and Gas, Inc.		26,699		989,732
Oceaneering International, Inc.(a)		125,186		2,663,959
Patterson-UTI Energy, Inc.		150,338		1,623,650
Ring Energy, Inc.(a)		303,996		443,834
				10,724,285
Financials - 12.6%
BankUnited, Inc.		44,330		1,437,622
Banner Corp.		24,114		1,291,546
Berkshire Hills Bancorp, Inc.		27,145		674,010
BRP Group, Inc. - Class A(a)		92,311		2,217,310
Byline Bancorp, Inc.		104,022		2,450,758
Customers Bancorp, Inc.(a)		40,373		2,326,292
eHealth, Inc.(a)		47,836		417,130
Euronet Worldwide, Inc.(a)		25,489		2,586,879
Flushing Financial Corp.		64,937		1,070,162
National Bank Holdings Corp. - Class A		77,477		2,881,370
Pacific Premier Bancorp, Inc.		52,740		1,535,261
Texas Capital Bancshares, Inc.(a)		30,455		1,968,307
United Community Banks, Inc. of Georgia		52,147		1,525,821
Veritex Holdings, Inc.		70,427		1,638,836
Voya Financial, Inc.		31,674		2,310,935
				26,332,239
Health Care - 15.0%
Acadia Healthcare Co., Inc.(a)		59,260		4,608,058
Avid Bioservices, Inc.(a)		65,005		422,533
Charles River Laboratories International, Inc.(a)		9,243		2,185,045
Chemed Corp.		5,880		3,438,330
Cross Country Healthcare, Inc.(a)		81,322		1,841,130
Enhabit, Inc.(a)		3,607		37,332
Haemonetics Corp.(a)		19,064		1,630,163
HealthEquity, Inc.(a)		37,361		2,477,034
Merit Medical Systems, Inc.(a)		53,189		4,040,236
ModivCare, Inc.(a)		45,318		1,993,539
Pediatrix Medical Group, Inc.(a)		52,981		492,723
PetIQ, Inc.(a)		79,584		1,571,784
Prestige Consumer Healthcare, Inc.(a)		47,005		2,877,646
QuidelOrtho Corp.(a)		25,041		1,845,522
Supernus Pharmaceuticals, Inc.(a)		69,531		2,012,227
				31,473,302
Industrials - 26.0%(b)
AerCap Holdings NV(a)		55,096		4,094,735
Albany International Corp. - Class A		32,507		3,192,838
ASGN, Inc.(a)		36,031		3,465,101
AZEK Co., Inc.(a)		75,554		2,889,941
AZZ, Inc.		24,144		1,402,525
Barnes Group, Inc.		64,724		2,111,944
Capital Product Partners LP		46,429		659,292
Casella Waste Systems, Inc. - Class A(a)		25,953		2,217,943
Columbus McKinnon Corporation of New York		51,123		1,994,819
Dycom Industries, Inc.(a)		28,757		3,309,643
Enviri Corp.(a)		154,167		1,387,503
FTI Consulting, Inc.(a)		6,381		1,270,776
GXO Logistics, Inc.(a)		23,467		1,435,242
Huron Consulting Group, Inc.(a)		43,577		4,479,716
KBR, Inc.		45,243		2,506,915
Liquidity Services, Inc.(a)		73,589		1,266,467
Matthews International Corp. - Class A		63,217		2,316,903
Mercury Systems, Inc.(a)		51,365		1,878,418
SP Plus Corp.(a)		40,519		2,076,599
Titan Machinery, Inc.(a)		40,959		1,182,896
Viad Corp.(a)		67,476		2,442,631
Wabash National Corp.		71,870		1,841,309
Westinghouse Air Brake Technologies Corp.		24,367		3,092,172
WillScot Mobile Mini Holdings Corp.(a)		48,095		2,140,228
				54,656,556
Information Technology - 15.3%
ACI Worldwide, Inc.(a)		91,254		2,792,372
Advanced Energy Industries, Inc.		32,619		3,552,861
Aspen Technology, Inc.(a)		8,604		1,894,171
Belden, Inc.		32,282		2,493,785
Benchmark Electronics, Inc.		61,953		1,712,381
Box, Inc. - Class A(a)		90,854		2,326,771
Cerence, Inc.(a)		48,793		959,270
Infinera Corp.(a)		194,251		922,692
Insight Enterprises, Inc.(a)		10,590		1,876,442
Itron, Inc.(a)		50,578		3,819,145
Knowles Corp.(a)		138,980		2,489,132
MACOM Technology Solutions Holdings, Inc.(a)		40,918		3,803,328
Novanta, Inc.(a)		15,380		2,590,146
Rogers Corp.(a)		6,315		834,022
				32,066,518
Materials - 3.1%
Alamos Gold, Inc. - Class A		125,209		1,686,565
Silgan Holdings, Inc.		47,709		2,158,832
Summit Materials, Inc. - Class A(a)		66,390		2,553,360
				6,398,757
Real Estate - 0.3%
Safehold, Inc.		29,786		696,992
Utilities - 2.7%
ALLETE, Inc.		46,477		2,842,533
Unitil Corp.		54,022		2,839,937
				5,682,470
TOTAL COMMON STOCKS (Cost $159,905,491)				189,668,143
REAL ESTATE INVESTMENT TRUSTS - 4.3%	Shares		Value
Armada Hoffler Properties, Inc.		116,486		1,440,932
Community Healthcare Trust, Inc.		57,359		1,528,044
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		92,776		2,558,762
JBG SMITH Properties		34,163		581,113
STAG Industrial, Inc.		75,601		2,968,095
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $8,771,793)				9,076,946
EXCHANGE TRADED FUNDS - 2.7%	Shares		Value
iShares Russell 2000 ETF		14,419		2,894,038
iShares Russell 2000 Value ETF		17,992		2,794,697
TOTAL EXCHANGE TRADED FUNDS (Cost $4,853,110)				5,688,735
TOTAL INVESTMENTS - 97.4% (Cost $173,530,394)			$	204,433,824
Other Assets in Excess of Liabilities - 2.6%				5,457,689
TOTAL NET ASSETS - 100.0%			$	209,891,513
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.

(a)	Non-income producing security.
(b)	As of December 31, 2023, the Fund had a significant portion of its assets invested in this sector and therefore is subject to additional risks.