| THE ADVISORS’ INNER CIRCLE FUND II | WESTFIELD CAPITAL DIVIDEND GROWTH FUND | |||
| JANUARY 31, 2022 (Unaudited) |
SCHEDULE OF INVESTMENTS
COMMON STOCK — 96.6%
|
| Shares | Value | |||||||
COMMUNICATION SERVICES — 1.5% | ||||||||
Cogent Communications Holdings | 36,790 | $ | 2,340,212 | |||||
|
|
| ||||||
CONSUMER DISCRETIONARY — 8.6% | ||||||||
Home Depot | 17,810 | 6,535,914 | ||||||
Target | 16,550 | 3,648,116 | ||||||
Wyndham Hotels & Resorts | 36,960 | 3,102,792 | ||||||
|
|
| ||||||
| 13,286,822 | ||||||||
|
|
| ||||||
CONSUMER STAPLES — 7.8% | ||||||||
Bunge | 27,250 | 2,693,935 | ||||||
Coca-Cola | 50,920 | 3,106,629 | ||||||
PepsiCo | 19,070 | 3,309,027 | ||||||
Walmart | 20,920 | 2,924,825 | ||||||
|
|
| ||||||
| 12,034,416 | ||||||||
|
|
| ||||||
ENERGY — 4.3% | ||||||||
ConocoPhillips | 41,130 | 3,644,941 | ||||||
Devon Energy | 58,190 | 2,942,668 | ||||||
|
|
| ||||||
| 6,587,609 | ||||||||
|
|
| ||||||
FINANCIALS — 13.9% | ||||||||
American International Group | 52,010 | 3,003,577 | ||||||
Ares Management, Cl A | 36,200 | 2,885,864 | ||||||
Arthur J Gallagher | 21,524 | 3,399,501 | ||||||
Bank of America | 67,570 | 3,117,680 | ||||||
BlackRock, Cl A | 3,520 | 2,896,748 | ||||||
JPMorgan Chase | 15,050 | 2,236,430 | ||||||
Morgan Stanley | 39,720 | 4,072,889 | ||||||
|
|
| ||||||
| 21,612,689 | ||||||||
|
|
| ||||||
HEALTH CARE — 11.7% | ||||||||
AbbVie | 29,520 | 4,040,993 | ||||||
Bristol-Myers Squibb | 65,800 | 4,269,762 | ||||||
CVS Health | 28,530 | 3,038,730 | ||||||
Johnson & Johnson | 22,430 | 3,864,465 | ||||||
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| THE ADVISORS’ INNER CIRCLE FUND II | WESTFIELD CAPITAL DIVIDEND GROWTH FUND | |||
| JANUARY 31, 2022 (Unaudited) |
| COMMON STOCK — continued |
| Shares | Value | |||||||
HEALTH CARE — continued | ||||||||
Quest Diagnostics | 21,809 | $ | 2,944,651 | |||||
|
|
| ||||||
| 18,158,601 | ||||||||
|
|
| ||||||
INDUSTRIALS — 11.2% | ||||||||
Cintas | 5,970 | 2,337,434 | ||||||
IDEX | 14,960 | 3,222,982 | ||||||
Illinois Tool Works | 16,930 | 3,960,266 | ||||||
Trane Technologies PLC | 16,010 | 2,771,331 | ||||||
Union Pacific | 20,410 | 4,991,266 | ||||||
|
|
| ||||||
| 17,283,279 | ||||||||
|
|
| ||||||
INFORMATION TECHNOLOGY — 25.6% | ||||||||
Apple | 43,820 | 7,658,860 | ||||||
Broadcom | 12,980 | 7,604,722 | ||||||
Cisco Systems | 58,960 | 3,282,303 | ||||||
Global Payments | 14,450 | 2,165,766 | ||||||
International Business Machines | 23,650 | 3,158,931 | ||||||
Lam Research | 5,950 | 3,510,024 | ||||||
Microsoft | 28,348 | 8,815,661 | ||||||
Silicon Motion Technology ADR | 43,730 | 3,454,670 | ||||||
|
|
| ||||||
| 39,650,937 | ||||||||
|
|
| ||||||
MATERIALS — 5.0% | ||||||||
Celanese, Cl A | 19,830 | 3,087,730 | ||||||
CF Industries Holdings | 36,730 | 2,529,595 | ||||||
Freeport-McMoRan | 58,560 | 2,179,603 | ||||||
|
|
| ||||||
| 7,796,928 | ||||||||
|
|
| ||||||
REAL ESTATE — 7.0% | ||||||||
Alexandria Real Estate Equities † | 17,420 | 3,394,113 | ||||||
National Health Investors † | 39,120 | 2,262,309 | ||||||
PS Business Parks † | 11,010 | 1,838,230 | ||||||
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| THE ADVISORS’ INNER CIRCLE FUND II | WESTFIELD CAPITAL DIVIDEND GROWTH FUND | |||
| JANUARY 31, 2022 (Unaudited) |
| COMMON STOCK — continued |
| Shares | Value | |||||||
REAL ESTATE — continued | ||||||||
Sun Communities† | 17,840 | $ | 3,371,046 | |||||
|
|
| ||||||
| 10,865,698 | ||||||||
|
|
| ||||||
TOTAL COMMON STOCK
(Cost $107,818,571)
| 149,617,191 | |||||||
|
|
| ||||||
TOTAL INVESTMENTS— 96.6%
(Cost $107,818,571) | $ | 149,617,191 | ||||||
|
|
| ||||||
Percentages are based on Net Assets of $154,945,828.
| † | Real Estate Investment Trust |
ADR — American Depositary Receipt
Cl — Class
PLC — Public Limited Company
As of January 31, 2022, all of the Fund’s investments in securities were considered Level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. generally accepted accounting principles.
For the period ended January 31, 2022, there were no transfers in or out of Level 3.
For information on the Fund’s policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.
WCM-QH-002-1800
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