THE ADVISORS’ INNER CIRCLE FUND   HAMLIN HIGH DIVIDEND
  EQUITY FUND
  SEPTEMBER 30, 2022
  (Unaudited)
     

 

SCHEDULE OF INVESTMENTS

 

COMMON STOCK — 96.4%

 

         Shares       Value  

Communication Services — 2.8%

     

Interpublic Group

      972,386           $  24,893,082    
    

 

 

  

Consumer Discretionary — 16.9%

     

Genuine Parts

      298,865       44,626,522  

Hasbro

      454,128       30,617,310  

Home Depot

      104,687       28,887,331  

MDC Holdings

      554,023       15,191,310  

Target

      194,348       28,839,300  
    

 

 

  
       148,161,773  
    

 

 

  

Consumer Staples — 12.0%

     

Keurig Dr Pepper

      1,055,967       37,824,738  

Procter & Gamble

      283,493       35,790,991  

Unilever ADR

      737,419       32,328,449  
    

 

 

  
       105,944,178  
    

 

 

  

Energy — 9.9%

     

ConocoPhillips

      433,930       44,408,396  

Enterprise Products Partners (A)

      1,794,241       42,667,051  
    

 

 

  
       87,075,447  
    

 

 

  

Financials — 14.8%

     

Ares Management, Cl A

      499,092       30,918,750  

CME Group, Cl A

      196,010       34,719,251  

KeyCorp

      1,940,010       31,078,960  

Old Republic International

      1,612,377       33,747,051  
    

 

 

  
       130,464,012  
    

 

 

  

Health Care — 8.9%

     

AbbVie

      304,524       40,870,166  

Johnson & Johnson

      231,009       37,737,630  
    

 

 

  
       78,607,796  
    

 

 

  

Industrials — 13.9%

     

Cummins

      167,097       34,005,911  

Snap-on

      157,267       31,665,710  

Union Pacific

      145,412       28,329,166  

United Parcel Service, Cl B

      175,603       28,366,908  
    

 

 

  
       122,367,695  
    

 

 

  

 

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THE ADVISORS’ INNER CIRCLE FUND   HAMLIN HIGH DIVIDEND
  EQUITY FUND
  SEPTEMBER 30, 2022
  (Unaudited)
     

 

COMMON STOCK — continued

     
         Shares       Value  

Information Technology — 9.2%

     

Broadcom

      85,940            $  38,158,219    

Paychex

      228,531         25,643,464  

Texas Instruments

      112,459         17,406,404  
    

 

 

  
         81,208,087  
    

 

 

  

Real Estate — 3.9%

     

Lamar Advertising, Cl A ‡

      409,976         33,818,920  
    

 

 

  

Utilities — 4.1%

     

Public Service Enterprise Group

      640,026         35,988,662  
    

 

 

  

TOTAL COMMON STOCK
(Cost $748,490,039)

          848,529,652  
    

 

 

  

        

     

CASH EQUIVALENT(B) — 2.7%

     

FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND - CL X, 2.590%
(Cost $23,309,156)

      23,309,156         23,309,156  
    

 

 

  

TOTAL INVESTMENTS— 99.1%
(Cost $771,799,195)

         $  871,838,808  
    

 

 

  

Percentages are based on Net Assets of $879,541,371.

‡

Real Estate Investment Trust

(A)

Securities considered Master Limited Partnership. At September 30, 2022, these securities amounted to $42,667,051 or 4.9% of net assets.

(B)

The reporting rate is the 7-day effective yield as of September 30, 2022.

ADR — American Depositary Receipt

Cl — Class

 

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THE ADVISORS’ INNER CIRCLE FUND   HAMLIN HIGH DIVIDEND
  EQUITY FUND
  SEPTEMBER 30, 2022
  (Unaudited)
     

 

As of September 30, 2022, all of the Fund’s investments were considered Level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

For information regarding the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.

HCM-QH-001-2100

 

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