Advisors' Inner Circle Fund NPORTP LSV Conservative Value Equity Fund (Jul 2024 report)

Schedule of Investments

July 31, 2024 (Unaudited)

LSV Conservative Value Equity Fund
	Shares		Value (000)
Common Stock (99.5%)
Communication Services (6.8%)
AT&T		98,000	$	1,887
Comcast, Cl A		49,600		2,047
Fox		15,500		590
Meta Platforms, Cl A		1,200		570
Nexstar Media Group, Cl A		2,500		462
Playtika Holding		35,200		269
TEGNA		15,800		252
T-Mobile US		3,000		547
Verizon Communications		50,700		2,054
Walt Disney		5,600		525
				9,203

Consumer Discretionary (8.0%)
AutoNation*		2,300		439
AutoZone*		100		313
Best Buy		4,500		389
Bloomin' Brands		17,500		365
BorgWarner		10,200		360
Dick's Sporting Goods		3,400		735
DR Horton		2,800		504
eBay		11,700		651
Ford Motor		76,100		824
General Motors		24,800		1,099
Goodyear Tire & Rubber*		17,465		204
Guess?		18,400		442
Harley-Davidson		8,400		315
Lear		2,400		293
Lennar, Cl A		4,500		796
McDonald's		1,700		451
Phinia		2,040		91
PulteGroup		5,500		726
Signet Jewelers		4,300		362
Toll Brothers		4,600		657
Vista Outdoor*		11,700		475
Whirlpool		2,300		234
				10,725

Consumer Staples (8.0%)
Albertsons, Cl A		17,700		351
Altria Group		31,400		1,539
Archer-Daniels-Midland		9,900		614
Bunge Global		6,000		631
Conagra Brands		15,900		482
Ingredion		4,600		572
Kraft Heinz		21,860		770
Kroger		18,000		981
Molson Coors Beverage, Cl B		11,000		581
Philip Morris International		4,800		553
Procter & Gamble		9,600		1,543
Target		5,000		752
Walmart		20,100		1,380
				10,749

LSV Conservative Value Equity Fund
	Shares		Value (000)
Energy (9.3%)
APA		14,300	$	446
Chevron		10,800		1,733
ConocoPhillips		13,300		1,479
Coterra Energy		17,800		459
Devon Energy		6,100		287
EOG Resources		4,700		596
ExxonMobil		32,400		3,842
Halliburton		10,900		378
HF Sinclair		6,220		320
Marathon Petroleum		8,500		1,505
Phillips 66		5,800		844
Valero Energy		5,000		808
				12,697

Financials (24.3%)
Aflac		9,200		877
Ally Financial		10,200		459
American International Group		14,900		1,180
Ameriprise Financial		1,400		602
Bank of America		36,200		1,459
Bank of New York Mellon		12,600		820
Berkshire Hathaway, Cl B*		9,500		4,166
Capital One Financial		2,800		424
Chubb		1,700		469
Citigroup		19,500		1,265
Citizens Financial Group		9,500		405
Discover Financial Services		4,400		634
East West Bancorp		4,800		422
Fidelity National Financial		7,300		404
Fifth Third Bancorp		9,700		411
First American Financial		6,300		382
Fiserv*		2,900		474
FS KKR Capital		12,100		245
Global Payments		2,100		213
Goldman Sachs Group		3,700		1,883
Hartford Financial Services Group		7,200		799
JPMorgan Chase		20,900		4,448
M&T Bank		2,700		465
MetLife		11,500		884
MGIC Investment		22,000		546
Morgan Stanley		8,600		888
Navient		17,400		286
Old Republic International		14,000		485
PayPal Holdings*		6,000		395
PNC Financial Services Group		3,700		670
Radian Group		11,200		415
Regions Financial		17,900		400
State Street		10,400		884
Synchrony Financial		10,800		549
Synovus Financial		5,700		267
Truist Financial		9,100		407
US Bancorp		9,300		417

Schedule of Investments

July 31, 2024 (Unaudited)

LSV Conservative Value Equity Fund
	Shares		Value (000)
Financials (continued)
Wells Fargo		35,800	$	2,124
Western Union		10,800		128
Zions Bancorp		7,200		372
				33,023

Health Care (16.1%)
Abbott Laboratories		4,400		466
Amgen		1,400		465
Baxter International		14,700		527
Bristol-Myers Squibb		25,000		1,189
Cardinal Health		4,200		423
Centene*		9,500		731
Cigna Group		5,000		1,743
CVS Health		17,500		1,056
Danaher		1,600		443
DaVita*		2,800		383
Elevance Health		900		479
Gilead Sciences		20,100		1,529
HCA Healthcare		3,100		1,125
Incyte*		8,100		527
Jazz Pharmaceuticals*		3,800		419
Johnson & Johnson		17,300		2,731
McKesson		1,100		679
Medtronic		5,300		426
Merck		6,400		724
Organon		17,000		371
Pfizer		53,600		1,637
Solventum*		2,150		127
United Therapeutics*		1,500		470
UnitedHealth Group		3,000		1,728
Universal Health Services, Cl B		2,200		470
Viatris, Cl W		49,400		596
Zimmer Biomet Holdings		3,900		434
				21,898

Industrials (11.5%)
3M		8,600		1,097
Acuity Brands		1,600		402
AGCO		3,900		368
Allison Transmission Holdings		7,100		629
ArcBest		3,300		416
Builders FirstSource*		4,500		753
Carrier Global		6,100		415
Caterpillar		2,300		796
CNH Industrial		39,300		419
CSX		15,900		558
Cummins		2,400		701
Deere		1,100		409
Delta Air Lines		12,200		525
FedEx		3,800		1,149
Ferguson		1,900		423
GE Vernova*		1,000		178
General Electric		2,300		391

LSV Conservative Value Equity Fund
	Shares		Value (000)
Industrials (continued)
Lockheed Martin		1,600	$	867
Oshkosh		3,600		391
Owens Corning		3,300		615
PACCAR		9,600		947
Parker-Hannifin		700		393
RTX		5,700		670
Ryder System		4,100		575
Snap-on		1,500		431
Textron		7,000		650
United Airlines Holdings*		6,700		304
United Rentals		500		379
				15,851

Information Technology (8.4%)
Advanced Micro Devices*		1,900		274
Amdocs		5,000		437
Amkor Technology		9,700		317
Analog Devices		2,200		509
Arrow Electronics*		3,500		433
Cirrus Logic*		3,900		509
Cisco Systems		33,100		1,604
Cognizant Technology Solutions, Cl A		6,500		492
Dell Technologies, Cl C		5,900		671
DXC Technology*		3,109		63
Flex*		15,900		511
Hewlett Packard Enterprise		34,600		689
HP		19,100		689
Intel		13,600		418
International Business Machines		7,000		1,345
Jabil		4,300		485
NetApp		3,100		394
QUALCOMM		2,200		398
Skyworks Solutions		4,200		477
TD SYNNEX		3,500		417
Xerox Holdings		20,900		225
				11,357

Materials (3.7%)
Berry Global Group		8,600		565
Chemours		9,200		222
Eastman Chemical		4,700		486
Graphic Packaging Holding		16,000		482
Linde		1,200		544
LyondellBasell Industries, Cl A		5,100		507
Mosaic		9,500		283
NewMarket		700		393
Nucor		2,500		408
Steel Dynamics		3,200		426
Sylvamo		5,500		405
Tronox Holdings		20,000		323
				5,044

Schedule of Investments

July 31, 2024 (Unaudited)

LSV Conservative Value Equity Fund
	Shares		Value (000)
Real Estate (1.7%)
Brixmor Property Group^‡		13,900	$	354
Host Hotels & Resorts^‡		24,500		429
Innovative Industrial Properties, Cl A^‡		3,300		405
Prologis^‡		2,300		290
Sabra Health Care REIT^‡		25,700		417
Simon Property Group^‡		1,900		292
Uniti Group^‡		51,600		198
				2,385

Utilities (1.7%)
Entergy		3,600		417
Evergy		8,000		464
NextEra Energy		4,400		336
NRG Energy		5,900		444
PPL		14,300		425
UGI		11,900		295
				2,381


TOTAL COMMON STOCK
(Cost $107,176)				135,313
	Face Amount (000)
Repurchase Agreement (0.4%)
South Street Securities
5.030%, dated 07/31/2024, to be repurchased on 08/01/2024, repurchase price $582 (collateralized by various U.S. Treasury obligations, ranging in par value $0 - $352, 0.750% - 4.875%, 11/15/2025 - 02/15/2033; total market value $593)	$	582		582

TOTAL REPURCHASE AGREEMENT
(Cost $582)				582


Total Investments – 99.9%
(Cost $107,758)			$	135,895

Percentages are based on Net Assets of $136,030 (000).

*	Non-income producing security.
^‡	Real Estate Investment Trust.

Cl — Class

REIT — Real Estate Investment Trust

LSV-QH-002-3600

Advisors' Inner Circle Fund NPORT-PLSV Conservative Value Equity Fund (Jul 2024 report)