NPORT-EX 2 LevinEasterly_Schedule_F.htm SCHEDULE F HTML
THE ADVISORS’ INNER CIRCLE FUND III    LEVIN EASTERLY
   VALUE OPPORTUNITIES FUND
   MARCH 31, 2020
   (Unaudited)

 

 

SCHEDULE OF INVESTMENTS          
COMMON STOCK – 94.6%          
                 Shares                        Value             

Communication Services – 9.8%

      

AT&T

      10,124        $ 295,115  

Comcast, Cl A

      9,274        318,840  

Verizon Communications

      10,297        553,258  

Vodafone Group ADR

      34,404        473,743  

Walt Disney

      1,562        150,889  
     

 

 

 

        1,791,845  
     

 

 

 

Consumer Discretionary – 6.4%

      

General Motors

      33,462        695,340  

Lowe’s

      5,557        478,180  
     

 

 

 

        1,173,520  
     

 

 

 

Consumer Staples – 12.9%

      

Archer-Daniels-Midland

      11,970        421,105  

Primo Water

      77,439        701,597  

TreeHouse Foods *

      13,430        592,934  

Walmart

      5,617        638,204  
     

 

 

 

        2,353,840  
     

 

 

 

Energy – 3.2%

      

Exxon Mobil

      4,735        179,788  

Williams

      28,780        407,237  
     

 

 

 

        587,025  
     

 

 

 

Financials – 17.8%

      

Allstate

      1,401        128,514  

American International Group

      26,678        646,941  

Bank of America

      5,943        126,170  

Citigroup

      15,213        640,771  

JPMorgan Chase & Co

      4,653        418,910  

KKR & Co

      29,924        702,316  

Morgan Stanley

      17,687        601,358  
     

 

 

 

        3,264,980  
     

 

 

 

Health Care – 13.8%

      

AbbVie

      17,283        1,316,792  

Bio-Rad Laboratories, Cl A *

      228        79,928  

Johnson & Johnson

      3,837        503,146  

Pfizer

      19,004        620,290  
     

 

 

 

        2,520,156  
     

 

 

 

Industrials – 4.8%

      

United Technologies

      9,282        875,571    
     

 

 

 

THE ADVISORS’ INNER CIRCLE FUND III    LEVIN EASTERLY
   VALUE OPPORTUNITIES FUND
   MARCH 31, 2020
   (Unaudited)

 

 

COMMON STOCK – continued          
                 Shares                        Value             

Information Technology – 10.2%

      

Apple

      1,187        $ 301,842  

CommScope Holding *

      39,728        361,922  

Intel

      18,439        997,919  

Juniper Networks

      10,518        201,314  
     

 

 

 

        1,862,997  
     

 

 

 

Materials – 6.2%

      

DuPont de Nemours

      26,285        896,319  

International Paper

      7,602        236,650  
     

 

 

 

        1,132,969  
     

 

 

 

Real Estate – 1.4%

      

SL Green Realty ‡

      5,816        250,670  
     

 

 

 

Utilities – 8.1%

      

CenterPoint Energy

      58,451        903,068  

Exelon

      15,546        572,248  
     

 

 

 

        1,475,316  
     

 

 

 

Total Common Stock
(Cost $22,545,276)

         17,288,889  
     

 

 

 

Total Investments - 94.6%
(Cost $22,545,276)

         $ 17,288,889   
     

 

 

 

Percentages are based on Net Assets of $18,275,532.

 

*

Non-income producing security.

‡

Real Estate Investment Trust.

ADR – American Depositary Receipt

Cl – Class

As of March 31, 2020, all of the Fund’s investments were considered Level 1 in accordance with the authoritative guidance of fair value measurements and disclosure under U.S. generally accepted accounting principles.

For the period ended March 31, 2020, there were no transfers in or out of Level 3.

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

LEV-QH-001-0100