Advisors' Inner Circle Fund II NPORT-P PMV Adaptive Risk Parity ETF (Jul 2024 report)

THE ADVISORS’ INNER CIRCLE FUND II	PMV
	ADAPTIVE RISK PARITY ETF
	JULY 31, 2024
	(Unaudited)

SCHEDULE OF INVESTMENTS
EXCHANGE TRADED FUNDS — 78.4%
	Shares		Fair Value
Invesco QQQ Trust, Series 1, Ser 1		10,521	$	4,956,128
iShares Gold Strategy ETF		32,645		2,094,882
Vanguard FTSE Emerging Markets ETF		9,075		401,932
Vanguard S&P 500 ETF		20,714		10,479,834
WisdomTree Bloomberg U.S. Dollar Bullish Fund		117,327		3,156,096
				21,088,872
Total Exchange Traded Funds
(Cost $19,648,494)				21,088,872
CLOSED-END FUND — 20.7%
Sprott Physical Gold Trust*		293,440		5,569,491
Total Closed-End Fund
(Cost $4,992,126)				5,569,491
Total Investments - 99.1%
(Cost $24,640,620)			$	26,658,363

	Percentages are based on Net Assets of $26,888,365.
*	Non-income producing security.

ETF — Exchange-Traded Fund

FTSE — Financial Times Stock Exchange

S&P — Standard & Poor’s

PMV-QH-001-0400