THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS DISCIPLINED EQUITY FUND JULY 31, 2023 (Unaudited) |
SCHEDULE OF INVESTMENTS | ||||||||
COMMON STOCK — 96.7% | Shares | Value | ||||||
|
|
|
| |||||
COMMUNICATION SERVICES — 9.4% | ||||||||
Alphabet, Cl A * | 360,826 | $ | 47,888,827 | |||||
Alphabet, Cl C * | 439,973 | 58,564,806 | ||||||
T-Mobile US * | 149,716 | 20,626,373 | ||||||
Walt Disney * | 211,175 | 18,771,346 | ||||||
|
| |||||||
145,851,352 | ||||||||
|
| |||||||
CONSUMER DISCRETIONARY — 9.1% | ||||||||
Amazon.com * | 617,362 | 82,528,952 | ||||||
Home Depot | 110,492 | 36,886,649 | ||||||
TJX | 253,127 | 21,903,080 | ||||||
|
| |||||||
141,318,681 | ||||||||
|
| |||||||
CONSUMER STAPLES — 4.4% | ||||||||
Costco Wholesale | 32,506 | 18,225,139 | ||||||
Dollar General | 77,683 | 13,117,552 | ||||||
Mondelez International, Cl A | 236,463 | 17,529,002 | ||||||
PepsiCo | 103,874 | 19,472,220 | ||||||
|
| |||||||
68,343,913 | ||||||||
|
| |||||||
ENERGY — 4.6% | ||||||||
Cheniere Energy | 35,323 | 5,717,381 | ||||||
Chevron | 105,289 | 17,231,598 | ||||||
ConocoPhillips | 175,499 | 20,659,742 | ||||||
Pioneer Natural Resources | 127,246 | 28,715,605 | ||||||
|
| |||||||
72,324,326 | ||||||||
|
| |||||||
FINANCIALS — 15.3% | ||||||||
BlackRock, Cl A | 19,927 | 14,723,064 | ||||||
Blackstone, Cl A | 206,386 | 21,627,189 | ||||||
CME Group, Cl A | 52,008 | 10,347,512 | ||||||
Fidelity National Information Services | 176,009 | 10,627,423 | ||||||
Fiserv * | 165,074 | 20,833,989 | ||||||
Intercontinental Exchange | 196,120 | 22,514,576 | ||||||
JPMorgan Chase | 136,222 | 21,517,627 | ||||||
PNC Financial Services Group | 102,452 | 14,024,655 | ||||||
S&P Global | 74,154 | 29,254,494 | ||||||
US Bancorp | 408,570 | 16,212,058 | ||||||
Visa, Cl A | 233,435 | 55,494,503 | ||||||
|
| |||||||
237,177,090 | ||||||||
|
| |||||||
HEALTH CARE — 13.7% | ||||||||
Abbott Laboratories | 219,272 | 24,411,552 |
1
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS DISCIPLINED EQUITY FUND JULY 31, 2023 (Unaudited) |
COMMON STOCK (continued) | Shares | Value | ||||||
|
|
|
| |||||
HEALTH CARE (continued) | ||||||||
AstraZeneca PLC ADR | 410,017 | $ | 29,398,219 | |||||
Danaher | 135,063 | 34,449,169 | ||||||
IQVIA Holdings * | 90,650 | 20,283,844 | ||||||
Pfizer | 190,407 | 6,866,076 | ||||||
Stryker | 47,274 | 13,397,924 | ||||||
Thermo Fisher Scientific | 43,495 | 23,863,967 | ||||||
UnitedHealth Group | 95,064 | 48,137,557 | ||||||
Zoetis, Cl A | 65,643 | 12,346,792 | ||||||
|
| |||||||
213,155,100 | ||||||||
|
| |||||||
INDUSTRIALS — 8.0% | ||||||||
Automatic Data Processing | 49,843 | 12,324,180 | ||||||
Honeywell International | 168,697 | 32,749,149 | ||||||
Otis Worldwide | 246,860 | 22,454,385 | ||||||
RTX | 333,371 | 29,313,312 | ||||||
Union Pacific | 117,292 | 27,214,090 | ||||||
|
| |||||||
124,055,116 | ||||||||
|
| |||||||
INFORMATION TECHNOLOGY — 23.7% | ||||||||
Adobe * | 47,670 | 26,035,924 | ||||||
Analog Devices | 123,051 | 24,552,366 | ||||||
Apple | 327,639 | 64,364,681 | ||||||
Cisco Systems | 552,140 | 28,733,365 | ||||||
Microsoft | 368,214 | 123,690,447 | ||||||
QUALCOMM | 138,481 | 18,303,034 | ||||||
Roper Technologies | 54,284 | 26,764,726 | ||||||
Salesforce * | 146,687 | 33,006,042 | ||||||
TE Connectivity | 157,524 | 22,603,119 | ||||||
|
| |||||||
368,053,704 | ||||||||
|
| |||||||
MATERIALS — 3.0% | ||||||||
Linde PLC | 70,080 | 27,378,153 | ||||||
Martin Marietta Materials | 44,156 | 19,713,888 | ||||||
|
| |||||||
47,092,041 | ||||||||
|
| |||||||
REAL ESTATE — 2.7% | ||||||||
American Tower, Cl A ‡ | 71,181 | 13,546,456 | ||||||
AvalonBay Communities ‡ | 40,634 | 7,665,604 | ||||||
Prologis ‡ | 111,843 | 13,952,414 | ||||||
VICI Properties, Cl A ‡ | 226,446 | 7,128,520 | ||||||
|
| |||||||
42,292,994 | ||||||||
|
|
2
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS DISCIPLINED EQUITY FUND JULY 31, 2023 (Unaudited) |
COMMON STOCK (continued) | Shares | Value | ||||||
|
|
|
| |||||
UTILITIES — 2.8% | ||||||||
NextEra Energy | 487,734 | $ | 35,750,902 | |||||
WEC Energy Group | 83,676 | 7,519,126 | ||||||
|
| |||||||
43,270,028 | ||||||||
|
| |||||||
TOTAL COMMON STOCK | 1,502,934,345 | |||||||
|
| |||||||
| ||||||||
CASH EQUIVALENT — 3.3% | ||||||||
First American Government Obligations Fund, Cl X, 5.180% (A) | 51,648,561 | 51,648,561 | ||||||
|
| |||||||
TOTAL CASH EQUIVALENT | 51,648,561 | |||||||
|
| |||||||
TOTAL INVESTMENTS — 100.0% | $ | 1,554,582,906 | ||||||
|
|
Percentages are based on Net Assets of $1,554,484,098.
* | Non-income producing security. |
‡ | Real Estate Investment Trust |
(A) | The rate reported is the 7-day effective yield as of July 31, 2023. |
ADR — American Depositary Receipt
Cl — Class
PLC — Public Limited Company
ATF-QH-001-2000
3
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS MID CAP EQUITY FUND JULY 31, 2023 (Unaudited)
|
SCHEDULE OF INVESTMENTS | ||||||||
COMMON STOCK — 96.6% | Shares | Value | ||||||
|
|
|
| |||||
COMMUNICATION SERVICES — 1.9% | ||||||||
Live Nation Entertainment * | 45,691 | $ | 4,009,385 | |||||
Trade Desk, Cl A * | 120,132 | 10,963,247 | ||||||
|
| |||||||
14,972,632 | ||||||||
|
| |||||||
CONSUMER DISCRETIONARY — 15.5% | ||||||||
Academy Sports & Outdoors | 63,518 | 3,797,741 | ||||||
Aptiv PLC * | 68,214 | 7,468,751 | ||||||
AutoZone * | 8,803 | 21,846,581 | ||||||
Chipotle Mexican Grill, Cl A * | 5,290 | 10,380,461 | ||||||
Domino’s Pizza | 17,446 | 6,921,526 | ||||||
Five Below * | 49,845 | 10,384,707 | ||||||
Floor & Decor Holdings, Cl A * | 79,106 | 9,085,324 | ||||||
Marriott International, Cl A | 54,829 | 11,065,041 | ||||||
Planet Fitness, Cl A * | 101,813 | 6,876,450 | ||||||
Ross Stores | 63,968 | 7,333,292 | ||||||
Tractor Supply | 61,106 | 13,687,133 | ||||||
Ulta Beauty * | 25,753 | 11,454,934 | ||||||
|
| |||||||
120,301,941 | ||||||||
|
| |||||||
CONSUMER STAPLES — 4.1% | ||||||||
Lamb Weston Holdings | 43,471 | 4,504,899 | ||||||
Monster Beverage * | 185,718 | 10,676,928 | ||||||
Sprouts Farmers Market * | 189,503 | 7,437,993 | ||||||
US Foods Holding * | 207,041 | 8,846,862 | ||||||
|
| |||||||
31,466,682 | ||||||||
|
| |||||||
ENERGY — 2.7% | ||||||||
Cheniere Energy | 76,046 | 12,308,806 | ||||||
Diamondback Energy | 56,041 | 8,255,960 | ||||||
|
| |||||||
20,564,766 | ||||||||
|
| |||||||
FINANCIALS — 8.1% | ||||||||
Ameriprise Financial | 56,214 | 19,587,769 | ||||||
Ares Management, Cl A | 130,767 | 12,974,702 | ||||||
FleetCor Technologies * | 36,553 | 9,098,407 | ||||||
MSCI, Cl A | 24,738 | 13,558,403 | ||||||
Tradeweb Markets, Cl A | 95,551 | 7,815,116 | ||||||
|
| |||||||
63,034,397 | ||||||||
|
| |||||||
HEALTH CARE — 19.0% | ||||||||
Agilent Technologies | 105,168 | 12,806,307 | ||||||
Align Technology * | 47,053 | 17,780,858 |
4
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS MID CAP EQUITY FUND JULY 31, 2023 (Unaudited)
|
COMMON STOCK (continued) | Shares | Value | ||||||
|
|
|
| |||||
HEALTH CARE (continued) | ||||||||
Alnylam Pharmaceuticals * | 52,153 | $ | 10,190,696 | |||||
AmerisourceBergen, Cl A | 71,709 | 13,402,412 | ||||||
Avantor * | 500,664 | 10,298,659 | ||||||
Charles River Laboratories International * | 41,999 | 8,800,471 | ||||||
Dexcom * | 114,409 | 14,250,785 | ||||||
Edwards Lifesciences * | 65,906 | 5,408,905 | ||||||
Humana | 20,307 | 9,276,847 | ||||||
ICON PLC * | 41,814 | 10,512,458 | ||||||
ResMed | 65,991 | 14,673,099 | ||||||
Revvity | 41,794 | 5,138,572 | ||||||
Veeva Systems, Cl A * | 72,039 | 14,711,805 | ||||||
|
| |||||||
147,251,874 | ||||||||
|
| |||||||
INDUSTRIALS — 16.2% | ||||||||
AMETEK | 72,552 | 11,506,747 | ||||||
Cintas | 21,110 | 10,598,064 | ||||||
Copart * | 125,617 | 11,103,287 | ||||||
Genpact | 103,936 | 3,751,050 | ||||||
Howmet Aerospace | 204,641 | 10,465,341 | ||||||
Hubbell, Cl B | 32,768 | 10,223,616 | ||||||
IDEX | 45,599 | 10,296,710 | ||||||
Ingersoll Rand | 140,119 | 9,145,567 | ||||||
Masco | 113,166 | 6,866,913 | ||||||
Oshkosh | 52,245 | 4,810,197 | ||||||
Pentair PLC | 56,122 | 3,900,479 | ||||||
Regal Rexnord | 50,676 | 7,914,578 | ||||||
TransUnion | 94,244 | 7,510,304 | ||||||
Waste Connections | 66,460 | 9,382,158 | ||||||
WESCO International | 21,471 | 3,769,664 | ||||||
Zurn Elkay Water Solutions | 154,888 | 4,714,791 | ||||||
|
| |||||||
125,959,466 | ||||||||
|
| |||||||
INFORMATION TECHNOLOGY — 23.2% | ||||||||
Amphenol, Cl A | 183,318 | 16,188,813 | ||||||
ANSYS * | 38,676 | 13,231,060 | ||||||
BILL Holdings * | 38,954 | 4,882,494 | ||||||
Cadence Design Systems * | 101,720 | 23,803,497 | ||||||
Crowdstrike Holdings, Cl A * | 81,926 | 13,244,157 | ||||||
Datadog, Cl A * | 130,987 | 15,288,803 | ||||||
Enphase Energy * | 66,921 | 10,160,615 | ||||||
Entegris | 94,336 | 10,349,602 | ||||||
HubSpot * | 11,984 | 6,957,311 | ||||||
Keysight Technologies * | 62,682 | 10,096,817 |
5
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS MID CAP EQUITY FUND JULY 31, 2023 (Unaudited)
|
COMMON STOCK (continued) | Shares | Value | ||||||
|
|
|
| |||||
INFORMATION TECHNOLOGY (continued) | ||||||||
KLA | 15,415 | $ | 7,922,539 | |||||
Marvell Technology | 111,597 | 7,268,313 | ||||||
Microchip Technology | 151,028 | 14,187,570 | ||||||
ON Semiconductor * | 54,193 | 5,839,296 | ||||||
Palo Alto Networks * | 39,249 | 9,810,680 | ||||||
Roper Technologies | 22,546 | 11,116,305 | ||||||
|
| |||||||
180,347,872 | ||||||||
|
| |||||||
MATERIALS — 3.8% | ||||||||
Berry Global Group | 116,674 | 7,650,314 | ||||||
Crown Holdings | 99,321 | 9,213,016 | ||||||
FMC | 75,044 | 7,221,484 | ||||||
Livent * | 207,410 | 5,106,434 | ||||||
|
| |||||||
29,191,248 | ||||||||
|
| |||||||
REAL ESTATE — 2.1% | ||||||||
CoStar Group * | 80,306 | 6,743,295 | ||||||
SBA Communications, Cl A ‡ | 43,344 | 9,490,169 | ||||||
|
| |||||||
16,233,464 | ||||||||
|
| |||||||
TOTAL COMMON STOCK | 749,324,342 | |||||||
|
| |||||||
| ||||||||
CASH EQUIVALENT — 3.4% | ||||||||
First American Government Obligations Fund, Cl X, 5.180% (A) | 26,619,931 | 26,619,931 | ||||||
|
| |||||||
TOTAL CASH EQUIVALENT | 26,619,931 | |||||||
|
| |||||||
TOTAL INVESTMENTS — 100.0% | $ | 775,944,273 | ||||||
|
|
Percentages are based on Net Assets of $775,669,381.
* | Non-income producing security. |
‡ | Real Estate Investment Trust |
(A) | The rate reported is the 7-day effective yield as of July 31, 2023. |
Cl — Class
PLC — Public Limited Company
ATF-QH-002-1900
6
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS INCOME OPPORTUNITIES FUND JULY 31, 2023 (Unaudited) |
SCHEDULE OF INVESTMENTS | ||||||||
COMMON STOCK — 61.9% | Shares | Value | ||||||
|
|
|
| |||||
COMMUNICATION SERVICES — 0.4% | ||||||||
Alphabet, Cl A * | 50 | $ | 6,636 | |||||
Walt Disney * | 32,000 | 2,844,480 | ||||||
|
| |||||||
2,851,116 | ||||||||
|
| |||||||
CONSUMER DISCRETIONARY — 4.8% | ||||||||
Amazon.com * | 64,300 | 8,595,624 | ||||||
Home Depot | 37,907 | 12,654,873 | ||||||
Service International | 69,046 | 4,601,916 | ||||||
Vail Resorts | 23,414 | 5,513,763 | ||||||
|
| |||||||
31,366,176 | ||||||||
|
| |||||||
CONSUMER STAPLES — 4.0% | ||||||||
Dollar General | 29,300 | 4,947,598 | ||||||
PepsiCo | 59,126 | 11,083,760 | ||||||
Procter & Gamble | 64,069 | 10,013,985 | ||||||
|
| |||||||
26,045,343 | ||||||||
|
| |||||||
ENERGY — 4.0% | ||||||||
Cheniere Energy | 21,650 | 3,504,269 | ||||||
Chevron | 53,809 | 8,806,381 | ||||||
EQT | 100,000 | 4,218,000 | ||||||
Pioneer Natural Resources | 42,250 | 9,534,557 | ||||||
|
| |||||||
26,063,207 | ||||||||
|
| |||||||
FINANCIALS — 10.4% | ||||||||
Ares Capital | 324,545 | 6,361,082 | ||||||
Ares Management, Cl A | 67,951 | 6,742,098 | ||||||
Blue Owl Capital, Cl A | 419,872 | 5,172,823 | ||||||
CME Group, Cl A | 28,709 | 5,711,943 | ||||||
Fidelity National Information Services | 64,500 | 3,894,510 | ||||||
Golub Capital BDC | 387,119 | 5,392,568 | ||||||
Hannon Armstrong Sustainable Infrastructure Capital ‡ | 52,008 | 1,357,929 | ||||||
JPMorgan Chase | 60,438 | 9,546,787 | ||||||
S&P Global | 21,397 | 8,441,330 | ||||||
US Bancorp | 67,000 | 2,658,560 | ||||||
Visa, Cl A | 50,932 | 12,108,064 | ||||||
|
| |||||||
67,387,694 | ||||||||
|
| |||||||
HEALTH CARE — 7.1% | ||||||||
Abbott Laboratories | 31,000 | 3,451,230 | ||||||
Johnson & Johnson | 64,386 | 10,786,587 | ||||||
Medtronic PLC | 72,268 | 6,342,240 |
7
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS INCOME OPPORTUNITIES FUND JULY 31, 2023 (Unaudited) |
COMMON STOCK (continued) | Shares | Value | ||||||
|
|
|
| |||||
HEALTH CARE (continued) | ||||||||
Novartis ADR | 69,438 | $ | 7,284,046 | |||||
Pfizer | 81,250 | 2,929,875 | ||||||
UnitedHealth Group | 30,430 | 15,408,839 | ||||||
|
| |||||||
46,202,817 | ||||||||
|
| |||||||
INDUSTRIALS — 8.2% | ||||||||
Automatic Data Processing | 26,853 | 6,639,673 | ||||||
IDEX | 25,004 | 5,646,153 | ||||||
Lockheed Martin | 18,935 | 8,452,016 | ||||||
Republic Services, Cl A | 51,088 | 7,719,908 | ||||||
Rollins | 74,250 | 3,031,627 | ||||||
Triton International | 43,503 | 3,667,738 | ||||||
Union Pacific | 42,978 | 9,971,755 | ||||||
United Parcel Service, Cl B | 42,892 | 8,026,380 | ||||||
|
| |||||||
53,155,250 | ||||||||
|
| |||||||
INFORMATION TECHNOLOGY — 16.9% | ||||||||
Apple | 172,168 | 33,822,404 | ||||||
Broadcom | 10,809 | 9,713,508 | ||||||
Cisco Systems | 135,081 | 7,029,615 | ||||||
Microchip Technology | 140,036 | 13,154,982 | ||||||
Microsoft | 109,158 | 36,668,355 | ||||||
QUALCOMM | 71,052 | 9,390,943 | ||||||
|
| |||||||
109,779,807 | ||||||||
|
| |||||||
MATERIALS — 1.3% | ||||||||
Linde PLC | 21,314 | 8,326,740 | ||||||
|
| |||||||
REAL ESTATE — 3.0% | ||||||||
Crown Castle ‡ | 31,978 | 3,462,898 | ||||||
Invitation Homes ‡ | 120,395 | 4,274,022 | ||||||
Prologis ‡ | 52,126 | 6,502,718 | ||||||
VICI Properties, Cl A ‡ | 161,041 | 5,069,571 | ||||||
|
| |||||||
19,309,209 | ||||||||
|
| |||||||
UTILITIES — 1.8% | ||||||||
NextEra Energy | 163,429 | 11,979,346 | ||||||
|
| |||||||
TOTAL COMMON STOCK | 402,466,705 | |||||||
|
|
8
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS INCOME OPPORTUNITIES FUND JULY 31, 2023 (Unaudited) |
CORPORATE OBLIGATIONS — 18.2% | Face Amount | Value | ||||||
|
|
|
| |||||
COMMUNICATION SERVICES — 2.2% | ||||||||
Comcast | $ | 6,111,000 | $ | 3,935,800 | ||||
Diamond Sports Group | 4,500,000 | 140,625 | ||||||
Discovery Communications | 3,150,000 | 3,110,492 | ||||||
T-Mobile USA | 5,000,000 | 4,395,172 | ||||||
Verizon Communications | 2,441,000 | 1,949,194 | ||||||
Warnermedia Holdings | 1,000,000 | 984,420 | ||||||
|
| |||||||
14,515,703 | ||||||||
|
| |||||||
CONSUMER DISCRETIONARY — 2.6% | ||||||||
Amazon.com | 3,300,000 | 3,113,347 | ||||||
Ford Motor Credit | 3,000,000 | 3,074,328 | ||||||
6.950%, 03/06/26 | 2,000,000 | 2,019,720 | ||||||
General Motors | 2,500,000 | 2,609,382 | ||||||
Meritage Homes | 5,000,000 | 4,471,067 | ||||||
Newell Brands | 2,000,000 | 1,898,398 | ||||||
|
| |||||||
17,186,242 | ||||||||
|
| |||||||
ENERGY — 1.6% | ||||||||
Cheniere Energy Partners | 5,000,000 | 4,648,445 | ||||||
DCP Midstream Operating | 1,500,000 | 1,598,512 | ||||||
Kinder Morgan MTN | 1,400,000 | 1,590,731 | ||||||
Sabine Pass Liquefaction | 273,000 | 272,470 | ||||||
5.625%, 03/01/25 | 2,000,000 | 1,994,499 | ||||||
|
| |||||||
10,104,657 | ||||||||
|
| |||||||
FINANCIALS — 6.2% | ||||||||
Ally Financial | 5,000,000 | 4,069,296 |
9
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS INCOME OPPORTUNITIES FUND JULY 31, 2023 (Unaudited) |
CORPORATE OBLIGATIONS (continued) | Face Amount | Value | ||||||
|
|
|
| |||||
FINANCIALS (continued) | ||||||||
Ares Capital | $ | 5,000,000 | $ | 4,669,947 | ||||
Bank of America | 2,000,000 | 2,004,999 | ||||||
3.950%, 04/21/25 | 5,750,000 | 5,568,104 | ||||||
Goldman Sachs Group | 3,000,000 | 3,050,704 | ||||||
1.217%, 12/06/23 | 4,000,000 | 3,933,692 | ||||||
JPMorgan Chase | 1,500,000 | 1,503,600 | ||||||
8.214%, TSFR3M + 2.842%(C)(D) | 1,000,000 | 997,500 | ||||||
5.000%, TSFR3M + 3.380%(C)(D) | 2,000,000 | 1,955,500 | ||||||
OneMain Finance | 3,000,000 | 2,594,018 | ||||||
PNC Financial Services Group | 2,500,000 | 2,513,708 | ||||||
Wells Fargo MTN | 3,000,000 | 2,879,978 | ||||||
Western Union | 4,500,000 | 4,296,094 | ||||||
|
| |||||||
40,037,140 | ||||||||
|
| |||||||
HEALTH CARE — 1.1% | ||||||||
AbbVie | 3,500,000 | 3,002,584 | ||||||
HCA | 3,050,000 | 3,031,919 | ||||||
5.000%, 03/15/24 | 1,250,000 | 1,243,634 | ||||||
|
| |||||||
7,278,137 | ||||||||
|
| |||||||
INDUSTRIALS — 1.2% | ||||||||
AerCap Ireland Capital DAC | 2,000,000 | 1,744,959 | ||||||
Northrop Grumman | 3,000,000 | 2,533,264 | ||||||
Quanta Services | 3,750,000 | 3,185,331 | ||||||
|
| |||||||
7,463,554 | ||||||||
|
| |||||||
INFORMATION TECHNOLOGY — 2.0% | ||||||||
Apple | 3,000,000 | 2,608,664 |
10
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS INCOME OPPORTUNITIES FUND JULY 31, 2023 (Unaudited) |
CORPORATE OBLIGATIONS (continued) | Face Amount | Value | ||||||
|
|
|
| |||||
INFORMATION TECHNOLOGY (continued) | ||||||||
Broadcom | $ | 2,500,000 | $ | 2,050,523 | ||||
CommScope Technologies | 1,734,000 | 1,572,444 | ||||||
Kyndryl Holdings | 1,000,000 | 871,093 | ||||||
Oracle | 3,000,000 | 3,145,817 | ||||||
Salesforce | 3,000,000 | 2,891,539 | ||||||
|
| |||||||
13,140,080 | ||||||||
|
| |||||||
MATERIALS — 0.3% | ||||||||
NOVA Chemicals | 2,000,000 | 1,920,625 | ||||||
|
| |||||||
REAL ESTATE — 1.0% | ||||||||
Boston Properties | 1,000,000 | 902,048 | ||||||
Equinix | 3,000,000 | 1,937,478 | ||||||
VICI Properties | 4,000,000 | 3,764,036 | ||||||
|
| |||||||
6,603,562 | ||||||||
|
| |||||||
TOTAL CORPORATE OBLIGATIONS | 118,249,700 | |||||||
|
| |||||||
| ||||||||
U.S. TREASURY OBLIGATIONS — 9.0% | ||||||||
U.S. Treasury Bonds | 5,000,000 | 4,779,687 | ||||||
3.000%, 02/15/48 | 20,000,000 | 16,403,125 | ||||||
2.500%, 02/15/45 | 10,000,000 | 7,562,891 | ||||||
|
| |||||||
28,745,703 | ||||||||
|
| |||||||
U.S. Treasury Inflation Indexed Notes | 12,329,500 | 11,578,893 | ||||||
|
|
11
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS INCOME OPPORTUNITIES FUND JULY 31, 2023 (Unaudited) |
U.S. TREASURY OBLIGATIONS (continued) | Face Amount | Value | ||||||
|
|
|
| |||||
U.S. Treasury Notes | $ | 10,000,000 | $ | 9,447,266 | ||||
1.625%, 05/15/31 | 10,000,000 | 8,441,797 | ||||||
|
| |||||||
17,889,063 | ||||||||
|
| |||||||
TOTAL U.S. TREASURY OBLIGATIONS | 58,213,659 | |||||||
|
| |||||||
| ||||||||
MORTGAGE-BACKED SECURITIES — 6.1% | ||||||||
AGENCY MORTGAGE-BACKED OBLIGATIONS — 6.1% | ||||||||
FHLMC | 8,874,216 | 8,811,379 | ||||||
1.500%, 06/01/31 | 6,798,938 | 6,134,187 | ||||||
FNMA | 12,575,494 | 12,039,734 | ||||||
6.000%, 07/01/53 | 12,266,258 | 12,473,925 | ||||||
|
| |||||||
TOTAL MORTGAGE-BACKED SECURITIES | 39,459,225 | |||||||
|
| |||||||
| ||||||||
PREFERRED STOCK — 0.3% | Shares | |||||||
FINANCIALS — 0.3% | ||||||||
Wells Fargo, 7.500% (D) | 1,700 | 2,004,283 | ||||||
|
| |||||||
TOTAL PREFERRED STOCK | 2,004,283 | |||||||
|
| |||||||
| ||||||||
CASH EQUIVALENT — 3.9% | ||||||||
First American Government Obligations Fund, Cl X, 5.180% (E) | 25,492,213 | 25,492,213 | ||||||
|
| |||||||
TOTAL CASH EQUIVALENT | 25,492,213 | |||||||
|
| |||||||
TOTAL INVESTMENTS — 99.4% | $ | 645,885,785 | ||||||
|
| |||||||
| ||||||||
WRITTEN OPTIONS — (0.1%) | Contracts | Value | ||||||
|
|
|
| |||||
TOTAL WRITTEN OPTIONS — (0.1%) | (2,845 | ) | $ | (662,715 | ) | |||
|
|
12
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS INCOME OPPORTUNITIES FUND JULY 31, 2023 (Unaudited) |
A list of the exchange traded option contracts held by the Fund at July 31, 2023, is as follows:
Description | Contracts | Notional Amount | Exercise Price | Expiration Date | Value | |||||||||||||||
WRITTEN OPTIONS — (0.1%) |
| |||||||||||||||||||
Call Options | ||||||||||||||||||||
Amazon.com* | (643 | ) | $ | (8,595,624 | ) | $ | 145 | 08/19/23 | $ | (118,955 | ) | |||||||||
EQT* | (1,000 | ) | (4,218,000 | ) | 48 | 09/16/23 | (40,000 | ) | ||||||||||||
Microchip Technology* | (300 | ) | (2,818,200 | ) | 100 | 08/19/23 | (35,100 | ) | ||||||||||||
Pioneer Natural Resources* | (422 | ) | (9,523,274 | ) | 220 | 08/19/23 | (400,900 | ) | ||||||||||||
Tractor Supply* | (80 | ) | (1,791,920 | ) | 200 | 09/16/23 | (10,160 | ) | ||||||||||||
Tractor Supply* | (80 | ) | (1,791,920 | ) | 210 | 09/16/23 | (20,800 | ) | ||||||||||||
Walt Disney* | (320 | ) | (2,844,480 | ) | 95 | 08/19/23 | (36,800 | ) | ||||||||||||
|
|
|
|
|
| |||||||||||||||
Total Written Options | $ | (31,583,418 | ) | $ | (662,715 | ) | ||||||||||||||
|
|
|
|
|
|
Percentages are based on Net Assets of $649,669,951.
* | Non-income producing security. |
‡ | Real Estate Investment Trust |
(A) | Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” The total value of such securities as of July 31, 2023 was $11,753,796 which represents 1.8% of Net Assets. |
(B) | Security in default on interest payments. |
(C) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
(D) | Perpetual security with no stated maturity date. |
(E) | The rate reported is the 7-day effective yield as of July 31, 2023. |
ADR — American Depositary Receipt
BDC — Business Development Company
Cl — Class
DAC — Designated Activity Company
FHLMC — Federal Home Loan Mortgage Corporation
FNMA — Federal National Mortgage Association
MTN — Medium Term Note
PLC — Public Limited Company
TSFR3M — Term Secured Overnight Financing Rate 3 Month
ATF-QH-003-1900
13
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS ALL CAP GROWTH FUND JULY 31, 2023 (Unaudited)
|
SCHEDULE OF INVESTMENTS | ||||||||
COMMON STOCK** — 99.0% | Shares | Value | ||||||
|
|
|
| |||||
COMMUNICATION SERVICES — 4.0% | ||||||||
Live Nation Entertainment * | 36,211 | $ | 3,177,515 | |||||
Meta Platforms, Cl A * | 16,030 | 5,107,158 | ||||||
|
| |||||||
8,284,673 | ||||||||
|
| |||||||
CONSUMER DISCRETIONARY — 7.2% | ||||||||
Amazon.com * | 39,904 | 5,334,366 | ||||||
Chipotle Mexican Grill, Cl A * | 2,699 | 5,296,194 | ||||||
MercadoLibre * | 3,519 | 4,356,698 | ||||||
|
| |||||||
14,987,258 | ||||||||
|
| |||||||
CONSUMER STAPLES — 1.3% | ||||||||
elf Beauty * | 23,002 | 2,684,793 | ||||||
|
| |||||||
FINANCIALS — 18.5% | ||||||||
Ares Management, Cl A | 28,021 | 2,780,244 | ||||||
Blackstone, Cl A | 49,775 | 5,215,922 | ||||||
Brown & Brown | 73,423 | 5,172,650 | ||||||
Charles Schwab | 34,622 | 2,288,514 | ||||||
Goldman Sachs Group | 6,361 | 2,263,689 | ||||||
Kinsale Capital Group | 12,215 | 4,551,676 | ||||||
Mastercard, Cl A | 22,226 | 8,763,267 | ||||||
S&P Global | 18,998 | 7,494,901 | ||||||
|
| |||||||
38,530,863 | ||||||||
|
| |||||||
HEALTH CARE — 18.6% | ||||||||
AstraZeneca PLC ADR | 48,564 | 3,482,039 | ||||||
Bio-Techne | 16,869 | 1,406,874 | ||||||
Danaher | 11,496 | 2,932,170 | ||||||
Edwards Lifesciences * | 27,956 | 2,294,349 | ||||||
Eli Lilly | 15,883 | 7,219,618 | ||||||
ICON PLC * | 20,902 | 5,254,972 | ||||||
IDEXX Laboratories * | 7,767 | 4,308,588 | ||||||
Intuitive Surgical * | 18,262 | 5,924,193 | ||||||
Zoetis, Cl A | 30,944 | 5,820,257 | ||||||
|
| |||||||
38,643,060 | ||||||||
|
| |||||||
INDUSTRIALS — 7.8% | ||||||||
Axon Enterprise * | 3,622 | 673,438 | ||||||
Cintas | 8,118 | 4,075,561 | ||||||
Howmet Aerospace | 55,626 | 2,844,714 | ||||||
Paylocity Holding * | 7,785 | 1,766,027 |
14
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS ALL CAP GROWTH FUND JULY 31, 2023 (Unaudited)
|
COMMON STOCK** (continued) | Shares | Value | ||||||
|
|
|
| |||||
INDUSTRIALS (continued) | ||||||||
TransDigm Group * | 6,234 | $ | 5,608,855 | |||||
United Rentals | 2,937 | 1,364,765 | ||||||
|
| |||||||
16,333,360 | ||||||||
|
| |||||||
INFORMATION TECHNOLOGY — 33.3% | ||||||||
Adobe * | 3,571 | 1,950,373 | ||||||
Advanced Micro Devices * | 34,030 | 3,893,032 | ||||||
Amphenol, Cl A | 41,910 | 3,701,072 | ||||||
Apple | 16,174 | 3,177,382 | ||||||
ASML Holding, Cl G | 3,057 | 2,190,065 | ||||||
Dynatrace * | 27,874 | 1,524,429 | ||||||
Entegris | 39,220 | 4,302,826 | ||||||
Gartner * | 9,292 | 3,285,558 | ||||||
Globant * | 15,718 | 2,746,406 | ||||||
Intuit | 3,410 | 1,744,897 | ||||||
Microchip Technology | 28,659 | 2,692,227 | ||||||
Microsoft | 13,255 | 4,452,620 | ||||||
Monolithic Power Systems | 8,061 | 4,510,049 | ||||||
NVIDIA | 12,545 | 5,862,153 | ||||||
Palo Alto Networks * | 51,088 | 12,769,957 | ||||||
Roper Technologies | 10,884 | 5,366,356 | ||||||
Workday, Cl A * | 21,707 | 5,147,381 | ||||||
|
| |||||||
69,316,783 | ||||||||
|
| |||||||
MATERIALS — 6.1% | ||||||||
Martin Marietta Materials | 14,933 | 6,666,987 | ||||||
Sherwin-Williams | 22,023 | 6,089,360 | ||||||
|
| |||||||
12,756,347 | ||||||||
|
| |||||||
REAL ESTATE — 2.2% | ||||||||
CoStar Group * | 54,610 | 4,585,602 | ||||||
|
| |||||||
TOTAL COMMON STOCK | 206,122,739 | |||||||
|
|
15
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS ALL CAP GROWTH FUND JULY 31, 2023 (Unaudited)
|
CASH EQUIVALENT — 1.2% | Shares | Value | ||||||
|
|
|
| |||||
First American Government Obligations Fund, Cl X, 5.180% (A) | 2,573,040 | $ | 2,573,040 | |||||
|
| |||||||
TOTAL CASH EQUIVALENT | 2,573,040 | |||||||
|
| |||||||
TOTAL INVESTMENTS — 100.2% | $ | 208,695,779 | ||||||
|
|
Percentages are based on Net Assets of $208,224,509.
* | Non-income producing security. |
** | More narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting periods. |
(A) | The rate reported is the 7-day effective yield as of July 31, 2023. |
ADR — American Depositary Receipt
Cl — Class
PLC — Public Limited Company
ATF-QH-005-1000
16
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS EQUITY INCOME FUND JULY 31, 2023 (Unaudited)
|
SCHEDULE OF INVESTMENTS | ||||||||
COMMON STOCK — 98.1% | Shares | Value | ||||||
|
|
|
| |||||
COMMUNICATION SERVICES — 1.6% | ||||||||
Comcast, Cl A | 114,812 | $ | 5,196,391 | |||||
|
| |||||||
CONSUMER DISCRETIONARY — 3.5% | ||||||||
Dick’s Sporting Goods | 34,185 | 4,820,085 | ||||||
Home Depot | 10,967 | 3,661,223 | ||||||
TJX | 29,264 | 2,532,214 | ||||||
|
| |||||||
11,013,522 | ||||||||
|
| |||||||
ENERGY — 8.6% | ||||||||
Enterprise Products Partners | 543,549 | 14,409,484 | ||||||
Magellan Midstream Partners | 196,383 | 13,014,301 | ||||||
|
| |||||||
27,423,785 | ||||||||
|
| |||||||
FINANCIALS — 17.5% | ||||||||
AllianceBernstein Holding | 62,330 | 2,006,403 | ||||||
Ares Management, Cl A | 51,761 | 5,135,727 | ||||||
Blackstone, Cl A | 115,632 | 12,117,077 | ||||||
Brookfield | 180,080 | 6,284,792 | ||||||
Brookfield Asset Management, Cl A | 45,020 | 1,518,074 | ||||||
Charles Schwab | 99,313 | 6,564,589 | ||||||
CME Group, Cl A | 47,460 | 9,442,642 | ||||||
Goldman Sachs Group | 7,972 | 2,836,996 | ||||||
JPMorgan Chase | 33,539 | 5,297,820 | ||||||
Morgan Stanley | 47,096 | 4,312,110 | ||||||
|
| |||||||
55,516,230 | ||||||||
|
| |||||||
HEALTH CARE — 18.8% | ||||||||
Abbott Laboratories | 108,398 | 12,067,949 | ||||||
AbbVie | 27,250 | 4,076,055 | ||||||
AstraZeneca PLC ADR | 178,297 | 12,783,895 | ||||||
Elevance Health | 26,901 | 12,687,319 | ||||||
Eli Lilly | 25,403 | 11,546,934 | ||||||
Johnson & Johnson | 20,243 | 3,391,310 | ||||||
Merck | 31,504 | 3,359,901 | ||||||
|
| |||||||
59,913,363 | ||||||||
|
| |||||||
INDUSTRIALS — 8.2% | ||||||||
Broadridge Financial Solutions | 37,783 | 6,344,521 | ||||||
FTAI Aviation | 37,905 | 1,220,920 | ||||||
L3Harris Technologies | 44,122 | 8,360,678 | ||||||
Parker-Hannifin | 14,290 | 5,859,043 |
17
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS EQUITY INCOME FUND JULY 31, 2023 (Unaudited)
|
COMMON STOCK (continued) | Shares | Value | ||||||
|
|
|
| |||||
INDUSTRIALS (continued) | ||||||||
Robert Half | 40,525 | $ | 3,004,929 | |||||
Waste Management | 7,615 | 1,247,261 | ||||||
|
| |||||||
26,037,352 | ||||||||
|
| |||||||
INFORMATION TECHNOLOGY — 17.0% | ||||||||
Accenture PLC, Cl A | 9,003 | 2,848,099 | ||||||
Apple | 68,853 | 13,526,172 | ||||||
Broadcom | 1,464 | 1,315,624 | ||||||
International Business Machines | 30,513 | 4,399,364 | ||||||
Microchip Technology | 101,213 | 9,507,949 | ||||||
Microsoft | 45,107 | 15,152,344 | ||||||
Texas Instruments | 40,927 | 7,366,860 | ||||||
|
| |||||||
54,116,412 | ||||||||
|
| |||||||
REAL ESTATE — 12.6% | ||||||||
American Tower, Cl A ‡ | 44,260 | 8,423,121 | ||||||
Equinix ‡ | 11,667 | 9,449,337 | ||||||
Iron Mountain ‡ | 97,331 | 5,976,123 | ||||||
Prologis ‡ | 40,423 | 5,042,769 | ||||||
VICI Properties, Cl A ‡ | 358,929 | 11,299,085 | ||||||
|
| |||||||
40,190,435 | ||||||||
|
| |||||||
UTILITIES — 10.3% | ||||||||
Brookfield Infrastructure Partners | 281,324 | 10,040,453 | ||||||
Brookfield Renewable Partners | 345,999 | 10,085,871 | ||||||
NextEra Energy | 83,588 | 6,127,000 | ||||||
NextEra Energy Partners | 78,042 | 4,249,387 | ||||||
Xcel Energy | 33,294 | 2,088,533 | ||||||
|
| |||||||
32,591,244 | ||||||||
|
| |||||||
TOTAL COMMON STOCK | 311,998,734 | |||||||
|
| |||||||
| ||||||||
CASH EQUIVALENT — 1.8% | ||||||||
First American Government Obligations Fund, Cl X, 5.180% (A) | 5,710,285 | 5,710,285 | ||||||
|
| |||||||
TOTAL CASH EQUIVALENT | 5,710,285 | |||||||
|
| |||||||
TOTAL INVESTMENTS — 99.9% | $ | 317,709,019 | ||||||
|
|
18
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS EQUITY INCOME FUND JULY 31, 2023 (Unaudited)
|
Percentages are based on Net Assets of $318,129,420.
‡ | Real Estate Investment Trust |
(A) | The rate reported is the 7-day effective yield as of July 31, 2023. |
ADR — American Depositary Receipt
Cl — Class
PLC — Public Limited Company
ATF-QH-006-1000
19
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS INTERNATIONAL GROWTH FUND JULY 31, 2023 (Unaudited) |
SCHEDULE OF INVESTMENTS | ||||||||
COMMON STOCK — 97.1% | Shares | Value | ||||||
|
|
|
| |||||
AUSTRALIA — 3.1% | ||||||||
BHP Group | 381,024 | $ | 11,775,514 | |||||
Woodside Energy Group | 190,156 | 4,852,378 | ||||||
|
| |||||||
16,627,892 | ||||||||
|
| |||||||
BRAZIL — 1.9% | ||||||||
MercadoLibre * | 8,248 | 10,211,436 | ||||||
|
| |||||||
CANADA — 3.0% | ||||||||
Brookfield | 221,116 | 7,716,948 | ||||||
Canadian National Railway | 70,121 | 8,500,769 | ||||||
|
| |||||||
16,217,717 | ||||||||
|
| |||||||
CHINA — 7.5% | ||||||||
Alibaba Group Holding ADR * | 74,691 | 7,630,433 | ||||||
Alibaba Group Holding * | 490,000 | 6,125,864 | ||||||
Tencent Holdings | 298,000 | 13,541,807 | ||||||
Yum China Holdings | 214,321 | 13,077,867 | ||||||
|
| |||||||
40,375,971 | ||||||||
|
| |||||||
DENMARK — 1.3% | ||||||||
Vestas Wind Systems * | 253,169 | 6,785,141 | ||||||
|
| |||||||
FRANCE — 6.4% | ||||||||
Air Liquide | 76,107 | 13,669,972 | ||||||
Airbus | 60,565 | 8,921,934 | ||||||
LVMH Moet Hennessy Louis Vuitton | 12,727 | 11,867,805 | ||||||
|
| |||||||
34,459,711 | ||||||||
|
| |||||||
GERMANY — 5.8% | ||||||||
Heidelberg Materials | 124,761 | 10,109,825 | ||||||
Siemens | 68,767 | 11,717,987 | ||||||
Symrise, Cl A | 86,746 | 9,478,634 | ||||||
|
| |||||||
31,306,446 | ||||||||
|
| |||||||
HONG KONG — 2.2% | ||||||||
AIA Group | 1,225,000 | 12,157,484 | ||||||
|
| |||||||
INDIA — 2.8% | ||||||||
HDFC Bank ADR | 221,063 | 15,094,182 | ||||||
|
|
20
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS INTERNATIONAL GROWTH FUND JULY 31, 2023 (Unaudited) |
COMMON STOCK (continued) | Shares | Value | ||||||
|
|
|
| |||||
IRELAND — 2.2% | ||||||||
ICON PLC * | 48,234 | $ | 12,126,510 | |||||
|
| |||||||
ISRAEL — 0.9% | ||||||||
Check Point Software Technologies * | 36,317 | 4,801,471 | ||||||
|
| |||||||
ITALY — 1.6% | ||||||||
Ferrari | 26,492 | 8,487,926 | ||||||
|
| |||||||
JAPAN — 13.8% | ||||||||
Daikin Industries | 49,000 | 9,881,630 | ||||||
FANUC * | 314,000 | 9,596,682 | ||||||
NIDEC CORP | 210,000 | 12,477,630 | ||||||
Shiseido | 134,000 | 5,868,063 | ||||||
Sony Group | 104,000 | 9,733,666 | ||||||
Sysmex | 109,000 | 7,374,442 | ||||||
Tokio Marine Holdings | 338,000 | 7,742,888 | ||||||
Toyota Motor | 707,000 | 11,857,463 | ||||||
|
| |||||||
74,532,464 | ||||||||
|
| |||||||
MEXICO — 1.6% | ||||||||
Fomento Economico Mexicano ADR | 75,636 | 8,565,777 | ||||||
|
| |||||||
NETHERLANDS — 2.0% | ||||||||
ASML Holding | 15,102 | 10,829,604 | ||||||
|
| |||||||
NORWAY — 1.5% | ||||||||
Equinor | 258,782 | 7,874,492 | ||||||
|
| |||||||
SINGAPORE — 2.5% | ||||||||
DBS Group Holdings | 526,000 | 13,551,991 | ||||||
|
| |||||||
SPAIN — 5.5% | ||||||||
Amadeus IT Group | 205,939 | 14,767,830 | ||||||
Banco Santander | 3,653,509 | 14,796,812 | ||||||
|
| |||||||
29,564,642 | ||||||||
|
| |||||||
SWEDEN — 2.6% | ||||||||
Assa Abloy, Cl B | 363,632 | 8,739,825 | ||||||
Hexagon, Cl B | 533,425 | 5,166,313 | ||||||
|
| |||||||
13,906,138 | ||||||||
|
|
21
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS INTERNATIONAL GROWTH FUND JULY 31, 2023 (Unaudited) |
COMMON STOCK (continued) | Shares | Value | ||||||
|
|
|
| |||||
SWITZERLAND — 7.9% | ||||||||
Alcon | 135,036 | $ | 11,465,014 | |||||
Chubb | 57,462 | 11,745,807 | ||||||
Julius Baer Group | 95,650 | 6,756,539 | ||||||
Novartis | 118,515 | 12,376,769 | ||||||
|
| |||||||
42,344,129 | ||||||||
|
| |||||||
TAIWAN — 1.7% | ||||||||
Taiwan Semiconductor Manufacturing ADR | 92,573 | 9,178,613 | ||||||
|
| |||||||
UNITED KINGDOM — 18.1% | ||||||||
AstraZeneca PLC | 91,927 | 13,196,641 | ||||||
BAE Systems PLC | 1,003,659 | 11,996,869 | ||||||
Compass Group PLC | 497,868 | 12,951,302 | ||||||
Diageo PLC | 216,500 | 9,439,801 | ||||||
InterContinental Hotels Group PLC | 164,835 | 12,176,310 | ||||||
Lloyds Banking Group PLC | 16,878,694 | 9,733,501 | ||||||
London Stock Exchange Group PLC | 134,800 | 14,638,898 | ||||||
Shell PLC | 440,257 | 13,368,002 | ||||||
|
| |||||||
97,501,324 | ||||||||
|
| |||||||
UNITED STATES — 1.2% | ||||||||
Euronet Worldwide * | 75,771 | 6,657,998 | ||||||
|
| |||||||
TOTAL COMMON STOCK | 523,159,059 | |||||||
|
| |||||||
| ||||||||
CASH EQUIVALENT — 2.6% | ||||||||
First American Government Obligations Fund, Cl X, 5.180% (A) | 13,915,037 | 13,915,037 | ||||||
|
| |||||||
TOTAL CASH EQUIVALENT | 13,915,037 | |||||||
|
| |||||||
TOTAL INVESTMENTS — 99.7% | $ | 537,074,096 | ||||||
|
|
Percentages are based on Net Assets of $538,546,527.
* | Non-income producing security. |
(A) | The rate reported is the 7-day effective yield as of July 31, 2023. |
22
THE ADVISORS’ INNER CIRCLE FUND | CIBC ATLAS INTERNATIONAL GROWTH FUND JULY 31, 2023 (Unaudited) |
ADR — American Depositary Receipt
Cl — Class
PLC — Public Limited Company
ATF-QH-007-0900
23