THE ADVISORS’ INNER CIRCLE FUND III LGIM America Commodity Strategy Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
U.S. TREASURY OBLIGATIONS — 98.4%
	Face Amount			Value
U.S. Treasury Inflation Indexed Bonds
3.875%, 04/15/2029	$	620,103		$	686,199
3.625%, 04/15/2028		535,354			575,067
3.375%, 04/15/2032		223,152			250,845
2.500%, 01/15/2029		481,957			500,809
2.375%, 01/15/2027		555,742			563,267
2.375%, 10/15/2028		1,412,480			1,460,243
2.125%, 02/15/2040		291,225			299,308
2.125%, 02/15/2041		422,038			434,144
2.000%, 01/15/2026		573,948			572,401
1.750%, 01/15/2028		521,775			521,293
1.750%, 01/15/2034		603,330			605,490
1.625%, 10/15/2027		1,389,987			1,386,657
1.500%, 02/15/2053		588,787			527,340
1.375%, 07/15/2033		1,589,308			1,548,333
1.375%, 02/15/2044		737,789			660,965
1.250%, 04/15/2028		1,372,755			1,343,977
1.125%, 01/15/2033		1,625,572			1,546,484
1.000%, 02/15/2046		418,569			342,393
1.000%, 02/15/2048		372,303			299,258
1.000%, 02/15/2049		348,983			279,554
0.875%, 01/15/2029		941,207			905,397
0.875%, 02/15/2047		512,616			403,391
0.750%, 07/15/2028		1,097,237			1,056,791
0.750%, 02/15/2042		683,512			556,368
0.750%, 02/15/2045		812,348			636,149
0.625%, 01/15/2026		1,205,660			1,170,927
0.625%, 07/15/2032		1,665,517			1,530,909
0.625%, 02/15/2043		536,879			420,674
0.500%, 01/15/2028		1,259,748			1,199,089
0.375%, 07/15/2025		1,432,038			1,396,777
0.375%, 01/15/2027		1,118,586			1,070,478
0.375%, 07/15/2027		1,233,881			1,179,529
0.250%, 07/15/2029		1,111,561			1,034,635
0.250%, 02/15/2050		527,651			341,042
0.125%, 04/15/2025		1,043,705			1,012,190
0.125%, 10/15/2025		1,269,767			1,229,541
0.125%, 04/15/2026		981,156			939,278
0.125%, 07/15/2026		1,201,550			1,153,018

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Commodity Strategy Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
U.S. TREASURY OBLIGATIONS — continued
	Face Amount			Value
0.125%, 10/15/2026	$	1,357,393		$	1,297,345
0.125%, 04/15/2027		1,386,563			1,311,132
0.125%, 01/15/2030		1,255,488			1,147,546
0.125%, 07/15/2030		1,390,402			1,266,968
0.125%, 01/15/2031		1,439,027			1,296,567
0.125%, 07/15/2031		1,470,976			1,318,439
0.125%, 01/15/2032		1,605,028			1,420,325
0.125%, 02/15/2051		530,717			325,271
0.125%, 02/15/2052		615,480			372,934
TOTAL U.S. TREASURY OBLIGATIONS (Cost $41,597,195)					41,396,737
EXCHANGE TRADED FUND — 1.3%
	Shares
iShares TIPS Bond ETF		5,035			543,025
TOTAL EXCHANGE TRADED FUND (Cost $535,591)					543,025
TOTAL INVESTMENTS— 99.7% (Cost $42,132,786)				$	41,939,762

Percentages are based on Net Assets of $42,071,524.

ETF — Exchange Traded Fund

TIPS — Treasury Inflation Protected Security

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Long Duration U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATION — 0.0%
	Face Amount			Value
INDUSTRIALS — 0.0%
Canadian Pacific Railway
6.125%, 09/15/2115	$	5,000		$	5,452
TOTAL CORPORATE OBLIGATION (Cost $4,534)					5,452
TOTAL INVESTMENTS— 0.0% (Cost $4,534)				$	5,452

Percentages are based on Net Assets of $40,792,173.

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — 92.9%
	Face Amount			Value
COMMUNICATION SERVICES — 5.7%
America Movil
4.375%, 04/22/2049	$	25,000		$	21,941
3.625%, 04/22/2029		30,000			28,374
AT&T
3.800%, 12/01/2057		25,000			18,407
3.650%, 06/01/2051		5,000			3,719
3.650%, 09/15/2059		35,000			24,645
3.500%, 09/15/2053		35,000			24,924
2.550%, 12/01/2033		100,000			81,164
Charter Communications Operating
6.384%, 10/23/2035		30,000			30,240
4.908%, 07/23/2025		40,000			39,645
4.800%, 03/01/2050		5,000			3,802
3.500%, 06/01/2041		10,000			6,959
Comcast
3.969%, 11/01/2047		30,000			24,825
3.400%, 04/01/2030		20,000			18,619
2.937%, 11/01/2056		35,000			22,611
2.887%, 11/01/2051		35,000			23,151
Meta Platforms
5.750%, 05/15/2063		10,000			10,813
5.600%, 05/15/2053		125,000			133,210
4.450%, 08/15/2052		15,000			13,471
Paramount Global
5.850%, 09/01/2043		35,000			31,131
4.375%, 03/15/2043		5,000			3,613
Time Warner Cable
7.300%, 07/01/2038		10,000			10,479
6.750%, 06/15/2039		10,000			9,932
6.550%, 05/01/2037		40,000			39,805
5.875%, 11/15/2040		10,000			9,051
4.500%, 09/15/2042		10,000			7,913
T-Mobile USA
5.800%, 09/15/2062		20,000			20,970
3.500%, 04/15/2025		90,000			88,226
Verizon Communications
3.550%, 03/22/2051		10,000			7,529
3.400%, 03/22/2041		185,000			146,261

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
COMMUNICATION SERVICES (continued)
Walt Disney
6.650%, 11/15/2037	$	10,000		$	11,656
4.625%, 03/23/2040		10,000			9,603
3.600%, 01/13/2051		25,000			19,549
3.500%, 05/13/2040		5,000			4,141
2.750%, 09/01/2049		20,000			13,311
2.000%, 09/01/2029		40,000			35,193
Warnermedia Holdings
5.391%, 03/15/2062		15,000			12,928
5.141%, 03/15/2052		200,000			172,110
5.050%, 03/15/2042		60,000			53,191
					1,237,112
CONSUMER DISCRETIONARY — 3.8%
Amazon.com
3.950%, 04/13/2052		35,000			29,991
3.875%, 08/22/2037		30,000			27,680
3.100%, 05/12/2051		40,000			29,153
Aptiv
2.396%, 02/18/2025		50,000			48,533
General Motors
5.950%, 04/01/2049		5,000			4,916
5.150%, 04/01/2038		20,000			18,912
Home Depot
3.900%, 06/15/2047		5,000			4,221
3.350%, 04/15/2050		25,000			18,940
3.250%, 04/15/2032		45,000			41,006
2.750%, 09/15/2051		60,000			40,023
1.375%, 03/15/2031		45,000			36,402
Hyundai Capital America
5.950%, 09/21/2026 (A)		105,000			106,978
Lowe’s
5.625%, 04/15/2053		80,000			82,997
4.250%, 04/01/2052		30,000			25,234
Massachusetts Institute of Technology
5.600%, 07/01/2111		50,000			55,638
Nissan Motor
4.810%, 09/17/2030 (A)		95,000			88,639

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount		Value
CONSUMER DISCRETIONARY (continued)
Nissan Motor Acceptance
7.050%, 09/15/2028 (A)	$	65,000	$	68,119
6.950%, 09/15/2026 (A)		15,000		15,490
Northwestern University
3.662%, 12/01/2057		10,000		7,996
Tapestry
7.050%, 11/27/2025		25,000		25,579
University of Notre Dame du Lac
3.394%, 02/15/2048		20,000		15,841
University of Southern California
5.250%, 10/01/2111		20,000		20,120
Volkswagen Group of America Finance
4.625%, 11/13/2025 (A)		10,000		9,908
				822,316
CONSUMER STAPLES — 5.4%
Alimentation Couche-Tard
2.950%, 01/25/2030 (A)		30,000		26,904
Anheuser-Busch
4.900%, 02/01/2046		30,000		29,172
4.700%, 02/01/2036		100,000		98,796
Anheuser-Busch InBev Worldwide
5.550%, 01/23/2049		40,000		42,369
4.600%, 04/15/2048		27,000		24,989
BAT Capital
7.750%, 10/19/2032		15,000		16,973
7.079%, 08/02/2043		20,000		21,106
6.421%, 08/02/2033		70,000		73,199
4.390%, 08/15/2037		70,000		59,071
3.215%, 09/06/2026		120,000		114,833
2.259%, 03/25/2028		80,000		71,796
General Mills
4.700%, 01/30/2027		45,000		45,063
JBS USA LUX
7.250%, 11/15/2053 (A)		10,000		10,875
5.750%, 04/01/2033		152,000		150,557
3.000%, 02/02/2029		45,000		39,812
Kenvue
5.050%, 03/22/2053		9,000		9,063

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount		Value
CONSUMER STAPLES (continued)
Mars
4.750%, 04/20/2033 (A)	$	210,000	$	208,992
3.950%, 04/01/2049 (A)		20,000		16,483
Nestle Holdings
4.000%, 09/24/2048 (A)		10,000		8,711
Philip Morris International
5.125%, 11/17/2027		40,000		40,628
Reynolds American
4.450%, 06/12/2025		50,000		49,481
				1,158,873
ENERGY — 9.1%
BP Capital Markets America
4.893%, 09/11/2033		125,000		125,385
3.379%, 02/08/2061		5,000		3,525
3.060%, 06/17/2041		30,000		23,005
3.001%, 03/17/2052		40,000		27,586
3.000%, 02/24/2050		10,000		6,950
2.939%, 06/04/2051		20,000		13,657
2.772%, 11/10/2050		20,000		13,197
Cheniere Energy Partners
5.950%, 06/30/2033 (A)		105,000		107,296
Chevron USA
3.250%, 10/15/2029		70,000		66,267
Columbia Pipeline Group
5.800%, 06/01/2045		10,000		9,997
Columbia Pipelines Holding
6.055%, 08/15/2026 (A)		15,000		15,353
Enbridge
6.200%, 11/15/2030		55,000		58,788
Energy Transfer
6.125%, 12/15/2045		40,000		40,654
5.550%, 02/15/2028		75,000		76,425
5.550%, 05/15/2034		70,000		70,664
5.400%, 10/01/2047		30,000		27,936
5.350%, 05/15/2045		5,000		4,636
5.300%, 04/15/2047		10,000		9,206
4.950%, 06/15/2028		60,000		59,853
4.000%, 10/01/2027		30,000		28,959

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount		Value
ENERGY (continued)
Enterprise Products Operating
4.250%, 02/15/2048	$	65,000	$	56,530
EOG Resources
4.375%, 04/15/2030		30,000		29,729
EQT
7.000%, 02/01/2030		25,000		26,845
5.750%, 02/01/2034		165,000		165,149
3.625%, 05/15/2031 (A)		40,000		35,639
Exxon Mobil
4.227%, 03/19/2040		5,000		4,605
3.452%, 04/15/2051		40,000		30,755
3.095%, 08/16/2049		15,000		10,839
Hess
4.300%, 04/01/2027		60,000		59,245
Marathon Petroleum
4.700%, 05/01/2025		90,000		89,396
MPLX
4.500%, 04/15/2038		30,000		26,870
1.750%, 03/01/2026		85,000		79,606
Occidental Petroleum
8.875%, 07/15/2030		115,000		135,050
ONEOK
5.550%, 11/01/2026		70,000		71,182
Sabal Trail Transmission
4.246%, 05/01/2028 (A)		90,000		87,107
Sabine Pass Liquefaction
5.900%, 09/15/2037		45,000		47,121
Shell International Finance BV
3.250%, 04/06/2050		5,000		3,674
Spectra Energy Partners
3.375%, 10/15/2026		40,000		38,548
Tennessee Gas Pipeline
7.000%, 10/15/2028		30,000		32,460
Texas Eastern Transmission
4.150%, 01/15/2048 (A)		10,000		8,223
TotalEnergies Capital International
3.461%, 07/12/2049		35,000		27,051
3.127%, 05/29/2050		50,000		36,035
2.986%, 06/29/2041		30,000		23,014

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount		Value
ENERGY (continued)
Williams
5.800%, 11/15/2043	$	30,000	$	30,509
2.600%, 03/15/2031		15,000		12,823
				1,957,344
FINANCIALS — 31.5%
American Honda Finance MTN
5.650%, 11/15/2028		105,000		109,719
American International Group
4.375%, 06/30/2050		35,000		31,021
ANZ New Zealand Int’l
1.250%, 06/22/2026 (A)		100,000		91,867
ASB Bank
1.625%, 10/22/2026 (A)		70,000		64,126
BAE Systems Holdings
3.850%, 12/15/2025 (A)		10,000		9,814
Banco Bilbao Vizcaya Argentaria
1.125%, 09/18/2025		70,000		65,535
Banco Santander
6.607%, 11/07/2028		80,000		84,969
5.588%, 08/08/2028		120,000		122,106
Bank of America
5.819%, SOFRRATE + 1.570%, 09/15/2029 (B)		75,000		77,534
5.468%, SOFRRATE + 1.650%, 01/23/2035 (B)		95,000		96,827
3.311%, SOFRRATE + 1.580%, 04/22/2042 (B)		35,000		27,526
2.572%, SOFRRATE + 1.210%, 10/20/2032 (B)		35,000		29,132
Bank of America MTN
4.948%, SOFRRATE + 2.040%, 07/22/2028 (B)		150,000		150,195
4.183%, 11/25/2027		90,000		87,782
3.974%, TSFR3M + 1.472%, 02/07/2030 (B)		70,000		66,786
3.458%, TSFR3M + 1.232%, 03/15/2025 (B)		140,000		139,601
2.972%, SOFRRATE + 1.330%, 02/04/2033 (B)		20,000		17,065
2.676%, SOFRRATE + 1.930%, 06/19/2041 (B)		105,000		75,819
Barclays
3.932%, US0003M + 1.610%, 05/07/2025 (B)		70,000		69,658
BNP Paribas
5.125%, H15T1Y + 1.450%, 01/13/2029 (A),(B)		65,000		65,299
2.219%, SOFRRATE + 2.074%, 06/09/2026 (A),(B)		60,000		57,504

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount		Value
FINANCIALS (continued)
1.323%, SOFRRATE + 1.004%, 01/13/2027 (A),(B)	$	100,000	$	92,655
BPCE
1.652%, SOFRRATE + 1.520%, 10/06/2026 (A),(B)		50,000		46,756
Canadian Imperial Bank of Commerce
5.615%, 07/17/2026		95,000		96,822
Citigroup
5.500%, 09/13/2025		50,000		50,311
4.300%, 11/20/2026		10,000		9,832
3.887%, TSFR3M + 1.825%, 01/10/2028 (B)		10,000		9,712
3.200%, 10/21/2026		20,000		19,133
2.976%, SOFRRATE + 1.422%, 11/05/2030 (B)		10,000		8,964
2.904%, SOFRRATE + 1.379%, 11/03/2042 (B)		30,000		21,890
Corebridge Financial
3.900%, 04/05/2032		40,000		36,077
3.850%, 04/05/2029		75,000		70,861
3.500%, 04/04/2025		65,000		63,592
Credit Agricole
1.247%, SOFRRATE + 0.892%, 01/26/2027 (A),(B)		70,000		64,739
Credit Suisse NY
4.750%, 08/09/2024		145,000		144,291
Credit Suisse NY MTN
3.700%, 02/21/2025		105,000		103,338
Danske Bank MTN
6.259%, H15T1Y + 1.180%, 09/22/2026 (A),(B)		95,000		96,571
Fifth Third Bancorp
5.631%, SOFRRATE + 1.840%, 01/29/2032 (B)		30,000		30,288
Fiserv
3.200%, 07/01/2026		20,000		19,283
GA Global Funding Trust
3.850%, 04/11/2025 (A)		90,000		88,417
2.250%, 01/06/2027 (A)		10,000		9,154
1.950%, 09/15/2028 (A)		75,000		64,158
Goldman Sachs Group
4.411%, TSFR3M + 1.692%, 04/23/2039 (B)		20,000		18,231
3.500%, 01/23/2025		50,000		49,182
3.436%, SOFRRATE + 1.632%, 02/24/2043 (B)		15,000		11,753
3.210%, SOFRRATE + 1.513%, 04/22/2042 (B)		50,000		38,561

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
FINANCIALS (continued)
2.640%, SOFRRATE + 1.114%, 02/24/2028 (B)	$	70,000		$	65,201
2.600%, 02/07/2030		15,000			13,177
1.992%, SOFRRATE + 1.090%, 01/27/2032 (B)		5,000			4,055
1.948%, SOFRRATE + 0.913%, 10/21/2027 (B)		100,000			91,943
1.431%, SOFRRATE + 0.798%, 03/09/2027 (B)		150,000			138,782
Huntington Bancshares
6.208%, SOFRRATE + 2.020%, 08/21/2029 (B)		60,000			61,996
ING Groep
4.625%, 01/06/2026 (A)		50,000			49,724
3.869%, SOFRRATE + 1.640%, 03/28/2026 (B)		85,000			83,494
JPMorgan Chase
6.254%, SOFRRATE + 1.810%, 10/23/2034 (B)		25,000			27,102
5.336%, SOFRRATE + 1.620%, 01/23/2035 (B)		35,000			35,593
5.040%, SOFRRATE + 1.190%, 01/23/2028 (B)		55,000			55,242
4.565%, SOFRRATE + 1.750%, 06/14/2030 (B)		90,000			88,493
4.250%, 10/01/2027		30,000			29,639
3.328%, SOFRRATE + 1.580%, 04/22/2052 (B)		30,000			22,084
2.069%, SOFRRATE + 1.015%, 06/01/2029 (B)		80,000			71,290
Lloyds Banking Group
4.716%, H15T1Y + 1.750%, 08/11/2026 (B)		105,000			103,882
Macquarie Group MTN
6.207%, 11/22/2024 (A)		25,000			25,138
Marsh & McLennan
5.400%, 09/15/2033		80,000			83,731
MetLife
5.250%, 01/15/2054		35,000			35,599
Morgan Stanley
5.948%, H15T5Y + 2.430%, 01/19/2038 (B)		15,000			15,273
5.466%, SOFRRATE + 1.730%, 01/18/2035 (B)		45,000			45,950
5.449%, SOFRRATE + 1.630%, 07/20/2029 (B)		60,000			61,033
5.297%, SOFRRATE + 2.620%, 04/20/2037 (B)		5,000			4,885
5.123%, SOFRRATE + 1.730%, 02/01/2029 (B)		45,000			45,130
4.210%, SOFRRATE + 1.610%, 04/20/2028 (B)		80,000			78,125
Morgan Stanley MTN
4.300%, 01/27/2045		50,000			44,661
2.475%, SOFRRATE + 1.000%, 01/21/2028 (B)		60,000			55,932
2.188%, SOFRRATE + 1.990%, 04/28/2026 (B)		100,000			96,405
Morgan Stanley Bank
4.952%, SOFRRATE + 1.080%, 01/14/2028 (B)		70,000			70,191

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
FINANCIALS (continued)
Nasdaq
5.550%, 02/15/2034	$	55,000		$	56,961
Nationwide Building Society MTN
2.972%, SOFRRATE + 1.290%, 02/16/2028 (A),(B)		80,000			74,424
Pacific Life Global Funding II
5.500%, 08/28/2026 (A)		105,000			106,751
PNC Financial Services Group
6.875%, SOFRRATE + 2.284%, 10/20/2034 (B)		35,000			38,975
5.582%, SOFRRATE + 1.841%, 06/12/2029 (B)		85,000			86,776
5.300%, SOFRRATE + 1.342%, 01/21/2028 (B)		35,000			35,307
2.600%, 07/23/2026		130,000			123,223
Royal Bank of Canada MTN
4.950%, 02/01/2029		40,000			40,311
2.300%, 11/03/2031		30,000			25,069
Santander UK Group Holdings
6.833%, SOFRRATE + 2.749%, 11/21/2026 (B)		75,000			76,594
Toronto-Dominion Bank MTN
5.532%, 07/17/2026		15,000			15,265
5.523%, 07/17/2028		95,000			97,728
Truist Bank
2.250%, 03/11/2030		10,000			8,332
Truist Financial MTN
7.161%, SOFRRATE + 2.446%, 10/30/2029 (B)		70,000			75,551
6.047%, SOFRRATE + 2.050%, 06/08/2027 (B)		20,000			20,370
5.867%, SOFRRATE + 2.361%, 06/08/2034 (B)		115,000			117,576
5.435%, SOFRRATE + 1.620%, 01/24/2030 (B)		90,000			90,796
5.122%, SOFRRATE + 1.852%, 01/26/2034 (B)		15,000			14,592
4.873%, SOFRRATE + 1.435%, 01/26/2029 (B)		70,000			69,119
1.887%, SOFRRATE + 0.862%, 06/07/2029 (B)		60,000			52,308
UBS Group
6.373%, SOFRRATE + 3.340%, 07/15/2026 (A),(B)		45,000			45,511
4.703%, H15T1Y + 2.050%, 08/05/2027 (A),(B)		175,000			172,467
4.125%, 09/24/2025 (A)		20,000			19,628
US Bancorp
6.787%, SOFRRATE + 1.880%, 10/26/2027 (B)		95,000			99,175
5.836%, SOFRRATE + 2.260%, 06/12/2034 (B)		20,000			20,628
5.775%, SOFRRATE + 2.020%, 06/12/2029 (B)		75,000			76,858

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
FINANCIALS (continued)
5.384%, SOFRRATE + 1.560%, 01/23/2030 (B)	$	65,000		$	65,754
4.839%, SOFRRATE + 1.600%, 02/01/2034 (B)		10,000			9,631
2.491%, H15T5Y + 0.950%, 11/03/2036 (B)		60,000			47,001
Wells Fargo
6.491%, SOFRRATE + 2.060%, 10/23/2034 (B)		45,000			49,035
5.499%, SOFRRATE + 1.780%, 01/23/2035 (B)		65,000			66,281
Wells Fargo MTN
5.574%, SOFRRATE + 1.740%, 07/25/2029 (B)		195,000			199,267
4.650%, 11/04/2044		40,000			35,572
4.611%, SOFRRATE + 2.130%, 04/25/2053 (B)		20,000			17,872
3.350%, SOFRRATE + 1.500%, 03/02/2033 (B)		20,000			17,555
3.196%, TSFR3M + 1.432%, 06/17/2027 (B)		80,000			76,645
2.393%, SOFRRATE + 2.100%, 06/02/2028 (B)		120,000			110,733
Westpac Banking
1.953%, 11/20/2028		15,000			13,284
					6,777,131
HEALTH CARE — 7.7%
AbbVie
4.850%, 06/15/2044		20,000			19,344
4.550%, 03/15/2035		10,000			9,792
4.250%, 11/21/2049		138,000			121,204
4.050%, 11/21/2039		41,000			37,109
2.950%, 11/21/2026		85,000			–
Amgen
5.650%, 03/02/2053		5,000			5,155
5.600%, 03/02/2043		20,000			20,589
5.250%, 03/02/2030		30,000			30,760
4.400%, 05/01/2045		10,000			8,809
Bayer US Finance
6.500%, 11/21/2033 (A)		110,000			112,258
Bristol-Myers Squibb
6.400%, 11/15/2063		20,000			22,962
6.250%, 11/15/2053		20,000			22,636
4.550%, 02/20/2048		4,000			3,618
2.550%, 11/13/2050		15,000			9,322
Centene
3.000%, 10/15/2030		70,000			60,542
2.500%, 03/01/2031		30,000			24,944

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
HEALTH CARE (continued)
CVS Health
6.000%, 06/01/2063	$	15,000		$	15,477
5.125%, 07/20/2045		20,000			18,671
3.000%, 08/15/2026		40,000			38,283
Eli Lilly
4.950%, 02/27/2063		35,000			35,390
4.875%, 02/27/2053		41,000			41,184
Gilead Sciences
5.250%, 10/15/2033		60,000			62,218
4.000%, 09/01/2036		30,000			27,463
2.800%, 10/01/2050		20,000			13,507
Kaiser Foundation Hospitals
4.150%, 05/01/2047		30,000			26,189
Merck
4.900%, 05/17/2044		65,000			64,700
4.500%, 05/17/2033		40,000			39,836
4.300%, 05/17/2030		95,000			94,412
Northwell Healthcare
4.260%, 11/01/2047		10,000			8,342
Pfizer Investment Enterprises Pte
5.340%, 05/19/2063		39,000			39,110
5.300%, 05/19/2053		36,000			36,457
5.110%, 05/19/2043		100,000			99,466
4.750%, 05/19/2033		225,000			224,882
Revvity
0.850%, 09/15/2024		70,000			67,931
Smith & Nephew
2.032%, 10/14/2030		40,000			33,362
Sutter Health
5.164%, 08/15/2033		60,000			61,066
UnitedHealth Group
5.875%, 02/15/2053		70,000			77,903
4.750%, 05/15/2052		15,000			14,193
					1,649,086
INDUSTRIALS — 8.3%
AerCap Ireland Capital DAC
6.150%, 09/30/2030		45,000			46,891
6.100%, 01/15/2027		45,000			45,985

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
INDUSTRIALS (continued)
5.750%, 06/06/2028	$	45,000		$	45,882
3.300%, 01/30/2032		85,000			72,690
3.000%, 10/29/2028		60,000			54,341
2.450%, 10/29/2026		40,000			37,100
1.650%, 10/29/2024		110,000			106,829
Boeing
5.805%, 05/01/2050		110,000			110,271
5.150%, 05/01/2030		60,000			60,108
5.040%, 05/01/2027		190,000			190,301
3.250%, 02/01/2028		30,000			28,140
3.100%, 05/01/2026		60,000			57,398
2.196%, 02/04/2026		110,000			103,680
Burlington Northern Santa Fe
4.150%, 04/01/2045		60,000			52,602
Canadian Pacific Railway
6.125%, 09/15/2115		10,000			10,904
3.100%, 12/02/2051		25,000			17,657
Carrier Global
5.900%, 03/15/2034 (A)		20,000			21,374
L3Harris Technologies
5.400%, 07/31/2033		130,000			133,786
Northrop Grumman
5.150%, 05/01/2040		15,000			14,949
4.950%, 03/15/2053		10,000			9,683
Regal Rexnord
6.400%, 04/15/2033 (A)		115,000			119,316
6.300%, 02/15/2030 (A)		100,000			102,656
6.050%, 02/15/2026 (A)		60,000			60,595
RTX
6.400%, 03/15/2054		47,000			54,073
4.450%, 11/16/2038		30,000			27,601
3.950%, 08/16/2025		70,000			69,063
Siemens Financieringsmaatschappij
1.700%, 03/11/2028 (A)		100,000			89,809
Union Pacific
3.500%, 02/14/2053		15,000			11,652
3.375%, 02/14/2042		10,000			8,061
Union Pacific MTN
3.550%, 08/15/2039		5,000			4,262

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
INDUSTRIALS (continued)
United Airlines Pass Through Trust
4.150%, 08/25/2031	$	27,919		$	25,936
					1,793,595
INFORMATION TECHNOLOGY — 2.5%
Analog Devices
1.700%, 10/01/2028		40,000			35,466
Apple
2.375%, 02/08/2041		80,000			58,229
Broadcom
3.419%, 04/15/2033 (A)		70,000			61,415
3.137%, 11/15/2035 (A)		30,000			24,586
2.450%, 02/15/2031 (A)		30,000			25,492
Intel
5.900%, 02/10/2063		30,000			32,462
5.700%, 02/10/2053		5,000			5,265
5.625%, 02/10/2043		10,000			10,595
4.900%, 08/05/2052		55,000			52,715
4.750%, 03/25/2050		5,000			4,627
Oracle
6.900%, 11/09/2052		25,000			29,235
6.250%, 11/09/2032		60,000			64,706
5.550%, 02/06/2053		15,000			14,890
4.000%, 11/15/2047		10,000			7,938
3.950%, 03/25/2051		20,000			15,521
3.850%, 07/15/2036		70,000			60,892
3.650%, 03/25/2041		25,000			19,861
3.600%, 04/01/2050		5,000			3,672
Salesforce
2.900%, 07/15/2051		20,000			13,846
2.700%, 07/15/2041		10,000			7,443
					548,856
MATERIALS — 1.9%
Berry Global
5.650%, 01/15/2034 (A)		55,000			55,452
Freeport-McMoRan
5.250%, 09/01/2029		67,000			67,249
4.625%, 08/01/2030		21,000			20,293

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
MATERIALS (continued)
4.250%, 03/01/2030	$	10,000		$	9,398
International Flavors & Fragrances
3.468%, 12/01/2050 (A)		90,000			60,769
3.268%, 11/15/2040 (A)		90,000			64,427
2.300%, 11/01/2030 (A)		70,000			58,186
Minera Mexico
4.500%, 01/26/2050 (A)		30,000			23,398
PPG Industries
1.200%, 03/15/2026		50,000			46,395
					405,567
REAL ESTATE — 9.0%
Agree
4.800%, 10/01/2032		65,000			61,745
2.000%, 06/15/2028		80,000			70,108
Alexandria Real Estate Equities
4.750%, 04/15/2035		40,000			38,538
3.550%, 03/15/2052		35,000			25,177
Equinix
2.625%, 11/18/2024		160,000			156,321
Extra Space Storage
5.900%, 01/15/2031		115,000			119,336
5.500%, 07/01/2030		75,000			76,499
3.900%, 04/01/2029		80,000			75,644
Kite Realty Group
5.500%, 03/01/2034		105,000			104,686
Kite Realty Group Trust
4.750%, 09/15/2030		15,000			14,424
Mid-America Apartments
1.100%, 09/15/2026		50,000			45,456
Ontario Teachers’ Cadillac Fairview Properties Trust
2.500%, 10/15/2031 (A)		80,000			64,221
Prologis
2.250%, 01/15/2032		25,000			20,810
Public Storage Operating
5.350%, 08/01/2053		20,000			20,487
Realty Income
5.125%, 02/15/2034		30,000			29,747
4.450%, 09/15/2026		20,000			19,535

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
REAL ESTATE (continued)
3.400%, 01/15/2030	$	20,000		$	18,368
3.200%, 02/15/2031		55,000			49,040
2.100%, 03/15/2028		45,000			40,433
Regency Centers
5.250%, 01/15/2034		50,000			50,071
4.650%, 03/15/2049		25,000			21,657
4.125%, 03/15/2028		40,000			38,523
Rexford Industrial Realty
2.150%, 09/01/2031		15,000			12,073
Scentre Group Trust 1
3.750%, 03/23/2027 (A)		10,000			9,621
3.500%, 02/12/2025 (A)		20,000			19,615
3.250%, 10/28/2025 (A)		10,000			9,666
Simon Property Group
3.800%, 07/15/2050		30,000			23,612
1.750%, 02/01/2028		15,000			13,463
Sun Communities Operating
5.500%, 01/15/2029		90,000			90,854
2.700%, 07/15/2031		65,000			53,955
2.300%, 11/01/2028		195,000			171,693
UDR MTN
3.500%, 01/15/2028		35,000			33,053
VICI Properties
4.950%, 02/15/2030		15,000			14,548
4.750%, 02/15/2028		140,000			137,203
4.625%, 12/01/2029 (A)		70,000			66,232
4.125%, 08/15/2030 (A)		125,000			113,765
					1,930,179
UTILITIES — 8.0%
AES
3.300%, 07/15/2025 (A)		30,000			29,079
2.450%, 01/15/2031		10,000			8,349
CenterPoint Energy Houston Electric
3.000%, 03/01/2032		25,000			22,044
2.900%, 07/01/2050		10,000			6,843
Cleco Corporate Holdings
3.375%, 09/15/2029		30,000			26,355

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
UTILITIES (continued)
Commonwealth Edison
4.000%, 03/01/2049	$	20,000		$	16,432
3.200%, 11/15/2049		30,000			21,284
3.000%, 03/01/2050		30,000			20,498
Constellation Energy Generation
6.250%, 10/01/2039		45,000			47,942
Consumers Energy
4.200%, 09/01/2052		10,000			8,611
3.500%, 08/01/2051		10,000			7,736
Dominion Energy
4.850%, 08/15/2052		10,000			9,024
3.375%, 04/01/2030		40,000			36,565
1.450%, 04/15/2026		140,000			130,015
Duke Energy Carolinas
2.850%, 03/15/2032		45,000			39,015
Duke Energy Ohio
4.300%, 02/01/2049		50,000			41,822
2.125%, 06/01/2030		20,000			17,005
Duke Energy Progress
4.100%, 05/15/2042		70,000			59,474
East Ohio Gas
3.000%, 06/15/2050 (A)		20,000			12,793
Entergy
2.950%, 09/01/2026		50,000			47,628
2.400%, 06/15/2031		40,000			33,566
Entergy Texas
3.550%, 09/30/2049		60,000			44,699
Georgia Power
4.300%, 03/15/2043		60,000			51,824
Indiana Michigan Power
4.250%, 08/15/2048		10,000			8,298
Indianapolis Power & Light
4.050%, 05/01/2046 (A)		30,000			24,183
Jersey Central Power & Light
2.750%, 03/01/2032 (A)		60,000			50,524
MidAmerican Energy
3.150%, 04/15/2050		60,000			42,469
NextEra Energy Capital Holdings
4.450%, 06/20/2025		155,000			153,719

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
UTILITIES (continued)
Oglethorpe Power
5.375%, 11/01/2040	$	70,000		$	67,334
5.250%, 09/01/2050		50,000			46,873
Oncor Electric Delivery
4.950%, 09/15/2052		15,000			14,589
3.750%, 04/01/2045		40,000			32,687
3.700%, 05/15/2050		10,000			7,902
Pacific Gas and Electric
6.750%, 01/15/2053		62,000			68,337
6.700%, 04/01/2053		20,000			22,013
4.950%, 07/01/2050		10,000			8,698
4.500%, 07/01/2040		32,000			27,588
4.200%, 06/01/2041		5,000			4,010
2.500%, 02/01/2031		30,000			24,901
2.100%, 08/01/2027		70,000			63,343
PacifiCorp
5.800%, 01/15/2055		40,000			40,149
5.500%, 05/15/2054		5,000			4,837
Public Service of Colorado
3.200%, 03/01/2050		30,000			20,938
Public Service of New Hampshire
5.150%, 01/15/2053		54,000			53,575
Puget Energy
2.379%, 06/15/2028		60,000			53,691
Sempra
3.800%, 02/01/2038		20,000			16,980
Southern
1.750%, 03/15/2028		30,000			26,766
Southern California Gas
6.350%, 11/15/2052		34,000			38,460
5.750%, 06/01/2053		41,000			42,677
4.300%, 01/15/2049		10,000			8,409
Union Electric
4.000%, 04/01/2048		20,000			16,062
					1,728,615
TOTAL CORPORATE OBLIGATIONS
(Cost $21,326,147)					20,008,674

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
U.S. TREASURY OBLIGATIONS — 3.6%
	Face Amount		Value
U.S. Treasury Bond
4.750%, 11/15/2043	$	25,000	$	26,481
4.125%, 08/15/2053		575,000		565,027
U.S. Treasury Note
4.500%, 11/15/2033		45,000		47,025
4.000%, 01/15/2027		105,000		105,000
3.750%, 12/31/2028		35,000		34,811
TOTAL U.S. TREASURY OBLIGATIONS (Cost $737,137)				778,344
SOVEREIGN DEBT — 2.1%
Chile Government International Bond
5.330%, 01/05/2054		30,000		29,149
3.860%, 06/21/2047		5,000		4,003
3.100%, 01/22/2061		5,000		3,203
Indonesia Government International Bond
5.100%, 02/10/2054		35,000		34,070
4.650%, 09/20/2032		80,000		78,790
Israel Government International Bond
3.875%, 07/03/2050		35,000		26,236
Mexico Government International Bond
6.400%, 05/07/2054		70,000		70,208
6.350%, 02/09/2035		30,000		31,277
6.338%, 05/04/2053		20,000		19,896
5.000%, 04/27/2051		15,000		12,711
Panama Government International Bond
6.853%, 03/28/2054		15,000		13,381
Perusahaan Penerbit SBSN Indonesia III
3.550%, 06/09/2051 (A)		10,000		7,534
Philippine Government International Bond
5.609%, 04/13/2033		15,000		15,821
3.200%, 07/06/2046		20,000		14,585
2.950%, 05/05/2045		10,000		7,116
Province of British Columbia Canada
4.200%, 07/06/2033		50,000		49,404

THE ADVISORS’ INNER CIRCLE FUND III LGIM America U.S. Credit Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
SOVEREIGN DEBT — continued
	Face Amount		Value
Republic of Poland Government International Bond
4.875%, 10/04/2033	$	25,000	$	24,950
TOTAL SOVEREIGN DEBT (Cost $462,625)				442,334
MUNICIPAL BOND — 0.3%
CALIFORNIA — 0.3%
California State, GO
7.600%, 11/01/2040		50,000		63,805
TOTAL MUNICIPAL BOND (Cost $83,182)				63,805
TOTAL INVESTMENTS— 98.9% (Cost $22,609,091)			$	21,293,157

Percentages are based on Net Assets of $21,536,236.

(A) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On January 31, 2024, the value of these securities amounted to $3,346,386, representing 15.5% of the Net Assets of the Fund.

(B) Variable or floating rate security. The rate shown is effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

DAC — Designated Activity Company

GO — General Obligation

H15T1Y — 1 Year U.S. Treasury Yield Curve Constant Maturity

H15T5Y — 5 Year U.S. Treasury Yield Curve Constant Maturity

MTN — Medium Term Note

SOFR — Secured Overnight Financing Rate

TSFR3M — Term Secured Overnight Financing Rate 3 Month

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Retirement Income 2040 Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
EXCHANGE TRADED FUNDS — 103.2%
	Shares		Value
Legal & General Cash Flow Matched Bond Fund*		2,172	$	20,889
Legal & General Long Duration U.S. Credit Fund*		2,630		20,077
Legal & General MSCI World Index Fund*		3,993		39,188
Legal & General U.S. Credit Fund*		1,888		16,100
TOTAL EXCHANGE TRADED FUNDS (Cost $92,488)				96,254
TOTAL INVESTMENTS— 103.2% (Cost $92,488)			$	96,254

Percentages are based on Net Assets of $93,277.

* Affiliated investment.

MSCI — Morgan Stanley Capital International

The following is a summary of the transactions with affiliated investments for the period ended January 31, 2024:

Value as of  10/31/2023	Purchases at Cost		Proceeds from Sale		Change in Unrealized Appreciation/ (Depreciation)		Realized Gain/(Loss)		Value as of 1/31/2024		Dividend Income		Capital Gain Distributions
Legal & General Cash Flow Matched Bond Fund
$      20,600	$	3,226	$	(3,369)	$	457	$	(25)	$	20,889	$	139	$	—
Legal & General Long Duration U.S. Credit Fund
19,088		3,425		(4,922)		2,573		(87)		20,077		260		—
Legal & General MSCI World Index Fund
41,222		14,780		(20,921)		1,267		2,840		39,188		196		—
Legal & General U.S. Credit Fund
14,188		2,405		(2,370)		1,956		(79)		16,100		168		—
$      95,098	$	23,836	$	(31,582)	$	6,253	$	2,649	$	96,254	$	763		—

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Cash Flow Matched Bond Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — 96.7%
	Face Amount		Value
COMMUNICATION SERVICES — 8.1%
Alphabet
0.800%, 08/15/2027	$	100,000	$	89,296
AT&T
2.300%, 06/01/2027		225,000		208,605
Comcast
3.950%, 10/15/2025		100,000		98,758
3.550%, 05/01/2028		100,000		96,276
Meta Platforms
4.600%, 05/15/2028		125,000		126,251
NTT Finance
1.162%, 04/03/2026 (A)		200,000		185,243
Verizon Communications
0.850%, 11/20/2025		400,000		372,782
0.750%, 03/22/2024		500,000		496,637
Walt Disney
1.750%, 08/30/2024		250,000		244,989
Warnermedia Holdings
3.755%, 03/15/2027		100,000		96,051
				2,014,888
CONSUMER DISCRETIONARY — 6.2%
Amazon.com
0.800%, 06/03/2025		200,000		190,306
BMW US Capital
0.750%, 08/12/2024 (A)		125,000		121,910
General Motors
4.000%, 04/01/2025		250,000		246,972
Home Depot
2.875%, 04/15/2027		150,000		143,234
Honda Motor
2.534%, 03/10/2027		100,000		94,264
Lowe’s
2.500%, 04/15/2026		300,000		286,100
McDonald’s MTN
1.450%, 09/01/2025		200,000		189,941
Starbucks
2.000%, 03/12/2027		100,000		92,491
Toyota Motor
5.118%, 07/13/2028		120,000		124,128

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Cash Flow Matched Bond Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount		Value
CONSUMER DISCRETIONARY (continued)
Toyota Motor Credit
5.450%, 11/10/2027	$	50,000	$	51,707
				1,541,053
CONSUMER STAPLES — 9.6%
Altria Group
2.350%, 05/06/2025		100,000		96,704
Anheuser-Busch InBev Worldwide
4.000%, 04/13/2028		100,000		98,285
Cargill
3.625%, 04/22/2027 (A)		100,000		97,241
0.400%, 02/02/2024 (A)		100,000		100,000
Coca-Cola
1.450%, 06/01/2027		100,000		91,369
Colgate-Palmolive
4.600%, 03/01/2028		125,000		127,625
Diageo Capital
1.375%, 09/29/2025		200,000		189,438
Estee Lauder
4.375%, 05/15/2028		100,000		99,699
Hershey
4.250%, 05/04/2028		100,000		99,720
Hormel Foods
0.650%, 06/03/2024		100,000		98,402
Kenvue
5.050%, 03/22/2028		100,000		102,330
Keurig Dr Pepper
4.597%, 05/25/2028		100,000		99,919
Mars
0.875%, 07/16/2026 (A)		200,000		182,642
McCormick
3.150%, 08/15/2024		150,000		148,009
PepsiCo
2.375%, 10/06/2026		150,000		142,732
Procter & Gamble
2.450%, 11/03/2026		200,000		191,189
Target
1.950%, 01/15/2027		200,000		187,298

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Cash Flow Matched Bond Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
CONSUMER STAPLES (continued)
Walmart
2.850%, 07/08/2024	$	250,000		$	247,397
					2,399,999
ENERGY — 4.0%
BP Capital Markets America
3.937%, 09/21/2028		150,000			146,340
Chevron USA
3.850%, 01/15/2028		125,000			123,372
ConocoPhillips
3.350%, 11/15/2024		250,000			246,180
Enterprise Products Operating
3.950%, 02/15/2027		100,000			98,317
Kinder Morgan
4.300%, 06/01/2025		150,000			148,257
Phillips 66
4.950%, 12/01/2027		125,000			125,967
Sabine Pass Liquefaction
5.000%, 03/15/2027		120,000			120,368
					1,008,801
FINANCIALS — 27.0%
Aflac
2.875%, 10/15/2026		150,000			142,747
1.125%, 03/15/2026		100,000			92,443
American Express
5.850%, 11/05/2027		100,000			104,238
3.000%, 10/30/2024		100,000			98,348
Aon Global
3.500%, 06/14/2024		100,000			99,185
Bank of America
3.419%, TSFR3M + 1.302%, 12/20/2028 (B)		125,000			118,174
Bank of America MTN
3.593%, TSFR3M + 1.632%, 07/21/2028 (B)		100,000			95,357
3.559%, TSFR3M + 1.322%, 04/23/2027 (B)		100,000			96,604
0.981%, SOFRRATE + 0.910%, 09/25/2025 (B)		125,000			121,262
Bank of Montreal MTN
2.650%, 03/08/2027		125,000			117,831
Bank of Nova Scotia
5.250%, 06/12/2028		160,000			162,967

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Cash Flow Matched Bond Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount		Value
FINANCIALS (continued)
Berkshire Hathaway Finance
2.300%, 03/15/2027	$	150,000	$	141,848
Charles Schwab
3.850%, 05/21/2025		125,000		123,055
Citigroup
3.200%, 10/21/2026		250,000		239,168
CME Group
3.750%, 06/15/2028		100,000		97,586
Corebridge Financial
3.650%, 04/05/2027		175,000		168,023
European Investment Bank
0.375%, 07/24/2024		250,000		244,350
GA Global Funding Trust
0.800%, 09/13/2024 (A)		250,000		242,030
GATX
4.350%, 02/15/2024		100,000		99,895
Goldman Sachs Group
3.750%, 02/25/2026		100,000		97,793
3.625%, 02/20/2024		275,000		274,625
Inter-American Development Bank MTN
0.875%, 04/03/2025		300,000		287,083
JPMorgan Chase
3.625%, 05/13/2024		200,000		198,904
1.561%, SOFRRATE + 0.605%, 12/10/2025 (B)		450,000		435,071
Kreditanstalt fuer Wiederaufbau
0.375%, 07/18/2025		350,000		329,646
MassMutual Global Funding II
5.050%, 06/14/2028 (A)		100,000		101,118
Mastercard
2.950%, 11/21/2026		100,000		96,410
Metropolitan Life Global Funding I MTN
0.700%, 09/27/2024 (A)		220,000		213,389
Morgan Stanley MTN
3.875%, 04/29/2024		200,000		199,162
2.720%, SOFRRATE + 1.152%, 07/22/2025 (B)		200,000		197,220
New York Life Global Funding
2.350%, 07/14/2026 (A)		200,000		189,025
Northwestern Mutual Global Funding
1.750%, 01/11/2027 (A)		100,000		91,710

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Cash Flow Matched Bond Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount		Value
FINANCIALS (continued)
PayPal Holdings
2.650%, 10/01/2026	$	100,000	$	95,019
PNC Financial Services Group
1.150%, 08/13/2026		125,000		114,289
Royal Bank of Canada MTN
1.400%, 11/02/2026		100,000		91,457
S&P Global
2.450%, 03/01/2027		200,000		188,298
State Street
1.684%, SOFRRATE + 0.560%, 11/18/2027 (B)		100,000		91,959
Toronto-Dominion Bank MTN
2.800%, 03/10/2027		200,000		189,229
1.950%, 01/12/2027		150,000		139,479
US Bancorp
1.450%, 05/12/2025		100,000		95,697
Visa
3.150%, 12/14/2025		100,000		97,695
Wells Fargo MTN
3.550%, 09/29/2025		100,000		97,817
3.196%, TSFR3M + 1.432%, 06/17/2027 (B)		250,000		239,514
				6,756,720
HEALTH CARE — 8.4%
Abbott Laboratories
3.750%, 11/30/2026		100,000		98,571
Amgen
2.200%, 02/21/2027		125,000		116,436
Astrazeneca Finance
0.700%, 05/28/2024		100,000		98,500
Bristol-Myers Squibb
0.750%, 11/13/2025		155,000		144,893
Cigna Group
4.125%, 11/15/2025		100,000		98,489
CVS Health
3.625%, 04/01/2027		150,000		145,102
Elevance Health
4.101%, 03/01/2028		125,000		122,578
2.375%, 01/15/2025		100,000		97,437
GE HealthCare Technologies
5.650%, 11/15/2027		150,000		154,688

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Cash Flow Matched Bond Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount		Value
HEALTH CARE (continued)
Johnson & Johnson
0.550%, 09/01/2025	$	150,000	$	141,148
Kaiser Foundation Hospitals
3.150%, 05/01/2027		100,000		95,796
Medtronic Global Holdings SCA
4.250%, 03/30/2028		125,000		124,106
Merck
1.700%, 06/10/2027		125,000		114,943
Pfizer
3.400%, 05/15/2024		150,000		149,092
Thermo Fisher Scientific
4.800%, 11/21/2027		155,000		157,628
UnitedHealth Group
3.700%, 12/15/2025		250,000		245,893
				2,105,300
INDUSTRIALS — 9.4%
AerCap Ireland Capital DAC
5.750%, 06/06/2028		100,000		101,959
Burlington Northern Santa Fe
3.650%, 09/01/2025		300,000		295,170
Canadian Pacific Railway
1.750%, 12/02/2026		325,000		300,415
Caterpillar Financial Services MTN
2.150%, 11/08/2024		175,000		171,145
Eaton
3.103%, 09/15/2027		100,000		95,633
General Dynamics
3.750%, 05/15/2028		150,000		146,387
Honeywell International
4.950%, 02/15/2028		100,000		102,496
John Deere Capital MTN
2.650%, 06/24/2024		270,000		267,008
Northrop Grumman
3.250%, 01/15/2028		115,000		109,593
Otis Worldwide
2.056%, 04/05/2025		100,000		96,438
Parker-Hannifin
4.250%, 09/15/2027		100,000		98,869

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Cash Flow Matched Bond Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount		Value
INDUSTRIALS (continued)
RTX
2.650%, 11/01/2026	$	300,000	$	284,686
Union Pacific
3.250%, 01/15/2025		100,000		98,406
Waste Management
0.750%, 11/15/2025		200,000		186,416
				2,354,621
INFORMATION TECHNOLOGY — 6.0%
Apple
2.450%, 08/04/2026		170,000		162,343
Broadcom
4.110%, 09/15/2028		100,000		97,313
Intel
3.750%, 08/05/2027		150,000		146,632
Microsoft
2.400%, 08/08/2026		500,000		477,114
NVIDIA
0.584%, 06/14/2024		100,000		98,278
QUALCOMM
3.250%, 05/20/2027		100,000		96,505
Salesforce
0.625%, 07/15/2024		250,000		244,773
Texas Instruments
1.125%, 09/15/2026		185,000		170,339
				1,493,297
MATERIALS — 0.4%
Ecolab
1.650%, 02/01/2027		100,000		92,181
REAL ESTATE — 9.5%
Alexandria Real Estate Equities
3.950%, 01/15/2027		200,000		194,473
Camden Property Trust
4.100%, 10/15/2028		100,000		97,176
ERP Operating
2.850%, 11/01/2026		250,000		238,236
Extra Space Storage
5.700%, 04/01/2028		200,000		204,478

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Cash Flow Matched Bond Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
REAL ESTATE (continued)
Mid-America Apartments
1.100%, 09/15/2026	$	325,000		$	295,461
NNN REIT
4.300%, 10/15/2028		125,000			121,758
Prologis
4.875%, 06/15/2028		100,000			101,313
2.125%, 04/15/2027		100,000			92,555
Public Storage Operating
1.500%, 11/09/2026		300,000			276,233
Realty Income
4.625%, 11/01/2025		150,000			149,162
4.600%, 02/06/2024		100,000			100,000
3.200%, 01/15/2027		100,000			95,472
Simon Property Group
2.000%, 09/13/2024		300,000			293,868
Welltower OP
4.250%, 04/15/2028		125,000			122,374
					2,382,559
UTILITIES — 8.1%
American Water Capital
2.950%, 09/01/2027		100,000			94,380
CMS Energy
2.950%, 02/15/2027		100,000			93,878
Connecticut Light and Power
3.200%, 03/15/2027		100,000			95,963
Duke Energy Florida
3.200%, 01/15/2027		150,000			144,791
Entergy Louisiana
0.950%, 10/01/2024		100,000			97,170
Florida Power & Light
4.400%, 05/15/2028		80,000			80,195
National Rural Utilities Cooperative Finance MTN
1.000%, 10/18/2024		250,000			242,466
NextEra Energy Capital Holdings
1.875%, 01/15/2027		125,000			115,103
NiSource
5.250%, 03/30/2028		100,000			102,032
Oncor Electric Delivery
2.750%, 06/01/2024		175,000			173,146

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Cash Flow Matched Bond Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
CORPORATE OBLIGATIONS — continued
	Face Amount			Value
UTILITIES (continued)
Public Service Electric and Gas MTN
2.250%, 09/15/2026	$	200,000		$	188,773
Public Service of Colorado
3.700%, 06/15/2028		200,000			193,635
Southern California Edison
5.300%, 03/01/2028		125,000			128,135
Southern California Gas
2.950%, 04/15/2027		175,000			166,401
Virginia Electric and Power
3.500%, 03/15/2027		100,000			96,633
					2,012,701
TOTAL CORPORATE OBLIGATIONS (Cost $24,814,413)					24,162,120
U.S. TREASURY OBLIGATION — 1.4%
U.S. Treasury Note
4.375%, 11/30/2028		350,000			357,738
TOTAL U.S. TREASURY OBLIGATION (Cost $358,427)					357,738
TOTAL INVESTMENTS— 98.1% (Cost $25,172,840)				$	24,519,858

Percentages are based on Net Assets of $24,994,353.

(A) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On January 31, 2024, the value of these securities amounted to $1,524,308, representing 6.1% of the Net Assets of the Fund.

(B) Variable or floating rate security. The rate shown is effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Cash Flow Matched Bond Fund January 31, 2024 (Unaudited)

DAC — Designated Activity Company

MTN — Medium Term Note

REIT — Real Estate Investment Trust

SOFR — Secured Overnight Financing Rate

TSFR3M — Term Secured Overnight Financing Rate 3 Month Average

The open futures contracts held by the Fund at January 31, 2024, are as follows:

Type of Contract	Number of			Expiration  Date		Notional Amount			Value			Unrealized Appreciation/ (Depreciation)
Long Contracts
U.S. 5-Year Treasury Note		17			Mar-2024	$	1,808,494		$	1,842,641		$	34,147
Short Contracts
U.S. 2-Year Treasury Note		(3)			Mar-2024	$	(610,856	)	$	(616,969	)	$	(6,113	)
						$	1,197,638		$	1,225,672		$	28,034

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — 99.2%
	Shares			Value
COMMUNICATION SERVICES — 7.4%
Adevinta, Cl B (A)		199		$	2,129
Alphabet, Cl A (A)		2,604			364,820
Alphabet, Cl C (A)		2,294			325,289
AT&T		3,108			54,981
Auto Trader Group		384			3,533
BCE		29			1,170
Bollore		355			2,345
BT Group, Cl A		2,950			4,179
Cameco		186			8,880
Capcom		100			3,814
CAR Group		157			3,371
Cellnex Telecom		244			9,388
Charter Communications, Cl A (A)		43			15,941
Comcast, Cl A		1,801			83,819
Dentsu Group		100			2,654
Deutsche Telekom		1,417			34,784
Electronic Arts		113			15,547
Elisa		57			2,597
Fox		164			5,179
HKT Trust & HKT		2,000			2,403
Informa		602			5,913
Infrastrutture Wireless Italiane		136			1,644
Interpublic Group of		158			5,212
KDDI		700			23,194
Koei Tecmo Holdings		100			1,246
Koninklijke KPN		1,638			5,572
Liberty Broadband, Cl C (A)		56			4,393
Liberty Global (A)		86			1,801
Liberty Media -Liberty SiriusXM (A)		70			2,125
Liberty Media-Liberty Formula One, Cl C (A)		93			6,254
Live Nation Entertainment (A)		67			5,953
LY		1,100			3,422
Match Group (A)		119			4,567
Meta Platforms, Cl A (A)		976			380,777
Netflix (A)		194			109,437
News		157			3,868
Nexon		100			1,596
Nintendo		400			22,348
Nippon Telegraph & Telephone		13,400			16,827
Omnicom Group		86			7,773
Orange		865			10,286
Paramount Global, Cl B		243			3,545
Pinterest, Cl A (A)		246			9,218

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares			Value
COMMUNICATION SERVICES (continued)
Publicis Groupe		97		$	9,719
Quebecor, Cl B		67			1,629
REA Group		21			2,505
ROBLOX, Cl A (A)		193			7,490
Rogers Communications, Cl B		167			7,801
Roku, Cl A (A)		59			5,196
Scout24		35			2,577
Sea ADR (A)		160			6,102
SEEK		134			2,209
Singapore Telecommunications		3,900			6,960
Sirius XM Holdings		405			2,061
Snap, Cl A (A)		464			7,373
SoftBank		1,300			17,272
SoftBank Group		400			17,268
Spark New Zealand		747			2,424
Swisscom		12			7,179
Take-Two Interactive Software (A)		77			12,700
Tele2, Cl B		205			1,748
Telecom Italia (A)		4,001			1,205
Telefonica		2,180			8,870
Telenor		281			3,113
Telia		1,093			2,819
Telstra Group		1,669			4,402
TELUS		193			3,457
T-Mobile US		235			37,889
Toho		100			3,257
Trade Desk, Cl A (A)		197			13,481
Universal Music Group		366			10,789
Verizon Communications		1,842			78,009
Vivendi		311			3,505
Vodafone Group		10,127			8,609
Walt Disney		804			77,224
Warner Bros Discovery (A)		1,024			10,261
WPP		478			4,622
					1,975,519
CONSUMER DISCRETIONARY — 10.2%
Accor		96			3,791
adidas		72			13,593
Ageas		69			2,965
Airbnb, Cl A (A)		187			26,954
Aisin		100			3,734
Allianz		178			47,557

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares			Value
CONSUMER DISCRETIONARY (continued)
Amadeus IT Group		201		$	14,086
Amazon.com (A)		4,078			632,906
Aptiv (A)		131			10,654
Aristocrat Leisure		279			8,044
AutoZone (A)		8			22,097
Avolta (A)		42			1,605
Bandai Namco Holdings		300			6,496
Barratt Developments		408			2,781
Bath & Body Works		106			4,522
Bayerische Motoren Werke		147			15,296
Berkeley Group Holdings		45			2,725
Best Buy		90			6,524
Booking Holdings (A)		16			56,120
BorgWarner		96			3,254
Bridgestone		300			13,000
BRP		8			505
Burberry Group		162			2,668
Burlington Stores (A)		27			5,161
Caesars Entertainment (A)		86			3,773
Canadian Tire, Cl A		23			2,445
CarMax (A)		65			4,627
Carnival (A)		455			7,544
Chipotle Mexican Grill, Cl A (A)		12			28,905
Cie Financiere Richemont, Cl A		230			34,163
Cie Generale des Etablissements Michelin SCA		311			10,326
Compass Group		739			20,355
Continental		44			3,594
Darden Restaurants		52			8,454
Deckers Outdoor (A)		11			8,291
Delivery Hero, Cl A (A)		65			1,475
Denso		700			10,996
Dick’s Sporting Goods		26			3,876
D’ieteren Group		7			1,414
Dollarama		130			9,541
Domino’s Pizza		15			6,393
DoorDash, Cl A (A)		110			11,462
DR Horton		130			18,578
DraftKings, Cl A (A)		183			7,146
eBay		230			9,446
Entain		303			3,691
Etsy (A)		51			3,394
Evolution		84			9,808

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares			Value
CONSUMER DISCRETIONARY (continued)
Expedia Group (A)		58		$	8,603
Fast Retailing		100			26,698
Ferrari		56			19,529
Flutter Entertainment (A)		76			15,600
Ford Motor		1,771			20,756
Galaxy Entertainment Group		1,000			5,190
Garmin		64			7,647
General Motors		603			23,396
Genting Singapore		2,400			1,802
Genuine Parts		64			8,975
Gildan Activewear		79			2,609
Global-e Online, Cl E (A)		41			1,548
H & M Hennes & Mauritz, Cl B		294			4,148
Hasbro		52			2,545
Hermes International SCA		14			29,535
Hilton Worldwide Holdings		118			22,533
Home Depot		439			154,949
Honda Motor		2,000			22,356
Hyatt Hotels, Cl A		21			2,696
Hydro One		132			3,917
IDP Education		152			1,947
Iida Group Holdings		100			1,510
Industria de Diseno Textil		488			20,865
InterContinental Hotels Group		73			6,917
Isuzu Motors		200			2,729
JD Sports Fashion		1,032			1,525
Kering		32			13,145
Kingfisher		846			2,352
Klepierre		81			2,097
Koito Manufacturing		100			1,531
La Francaise des Jeux SAEM		38			1,540
Las Vegas Sands		157			7,681
Lear		24			3,190
Lennar, Cl A		110			16,484
LKQ		112			5,227
Lottery		890			2,921
Lowe’s		254			54,061
Lucid Group (A)		359			1,213
Lululemon Athletica (A)		51			23,145
Marriott International, Cl A		111			26,610
Mazda Motor		300			3,637
McDonald’s		321			93,963

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares			Value
CONSUMER DISCRETIONARY (continued)
MercadoLibre (A)		20		$	34,236
Mercedes-Benz Group		354			23,899
MGM Resorts International		119			5,161
Moncler		97			5,967
Next		53			5,658
NIKE, Cl B		537			54,521
Nissan Motor		1,100			4,318
NVR (A)		1			7,075
O’Reilly Automotive (A)		26			26,599
Oriental Land		500			18,570
Pan Pacific International Holdings		200			4,323
Panasonic Holdings		1,000			9,419
Pandora		40			5,845
Pearson		303			3,717
Persimmon		128			2,358
Pool		16			5,940
Prosus		634			18,752
PulteGroup		102			10,665
Puma		42			1,690
Rakuten Group (A)		700			3,075
Renault		77			2,900
Restaurant Brands International		125			9,758
Rivian Automotive, Cl A (A)		281			4,302
Ross Stores		147			20,621
Royal Caribbean Cruises (A)		112			14,280
Sands China (A)		1,200			3,150
SEB		11			1,343
Sekisui Chemical		200			2,856
Sekisui House		300			6,772
Sharp (A)		100			672
Sodexo		44			4,964
Sony Group		500			49,034
Starbucks		502			46,701
Stellantis		987			21,740
Subaru		300			5,985
Sumitomo Electric Industries		300			3,987
Suzuki Motor		200			8,984
Swatch Group		45			4,886
Taylor Wimpey		1,459			2,724
Tesla (A)		1,254			234,862
TJX		502			47,645
Toyota Motor		4,700			93,849

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares			Value
CONSUMER DISCRETIONARY (continued)
Tractor Supply		46		$	10,332
Ulta Beauty (A)		22			11,045
USS		100			1,891
Vail Resorts		16			3,552
VF		134			2,206
Volkswagen		13			1,835
Volvo Car, Cl B (A)		276			720
Wesfarmers		496			18,777
Whitbread		81			3,672
Wynn Resorts		42			3,966
Yamaha		100			2,199
Yamaha Motor		300			2,836
Yum! Brands		125			16,186
Zalando (A)		89			1,777
ZOZO		100			2,190
					2,743,044
CONSUMER STAPLES — 6.5%
Aeon		300			7,169
Ajinomoto		200			8,213
Albertsons, Cl A		164			3,480
Alimentation Couche-Tard		335			19,630
Altria Group		787			31,574
Anheuser-Busch InBev		389			24,062
Archer-Daniels-Midland		232			12,894
Asahi Group Holdings		200			7,434
Associated British Foods		143			4,236
Barry Callebaut		2			2,921
Beiersdorf		48			7,024
British American Tobacco		928			27,361
Brown-Forman, Cl B		139			7,631
Budweiser Brewing APAC		700			1,103
Bunge Global		63			5,550
Campbell Soup		79			3,526
Carlsberg, Cl B		40			5,147
Carrefour		254			4,336
Celsius Holdings (A)		65			3,243
Church & Dwight		110			10,984
Clorox		52			7,553
Coca-Cola		1,802			107,201
Coca-Cola Europacific Partners		98			6,752
Coca-Cola HBC		115			3,381
Coles Group		635			6,590

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares			Value
CONSUMER STAPLES (continued)
Colgate-Palmolive		340		$	28,628
Conagra Brands		228			6,646
Constellation Brands, Cl A		71			17,401
Costco Wholesale		194			134,807
Danone		286			19,054
Darling Ingredients (A)		73			3,161
Davide Campari-Milano		210			2,128
Diageo		1,001			36,154
Dollar General		96			12,679
Dollar Tree (A)		91			11,886
Empire		68			1,762
Endeavour Group		545			1,995
Essity, Cl B		286			6,716
Estee Lauder, Cl A		99			13,067
General Mills		261			16,941
George Weston		31			3,950
Haleon		2,433			9,882
Heineken		128			12,876
Heineken Holding		59			4,951
HelloFresh (A)		66			873
Henkel & KGaA		42			2,872
Hershey		65			12,580
Hormel Foods		120			3,644
Imperial Brands		379			9,098
J M Smucker		44			5,788
J Sainsbury		710			2,424
Japan Tobacco		500			13,179
JDE Peet’s		40			987
Jeronimo Martins SGPS		115			2,615
Kao		200			7,914
Kellanova		125			6,845
Kenvue		756			15,695
Kerry Group, Cl A		76			6,774
Kesko, Cl B		110			2,148
Keurig Dr Pepper		460			14,462
Kikkoman		100			6,153
Kimberly-Clark		146			17,662
Kirin Holdings		300			4,312
Kobe Bussan		100			2,555
Koninklijke Ahold Delhaize		409			11,502
Kraft Heinz		389			14,444
Kroger		308			14,211

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
CONSUMER STAPLES (continued)
Lamb Weston Holdings		63	$	6,454
MatsukiyoCocokara		200		3,635
McCormick		106		7,225
MEIJI Holdings		100		2,418
Metro, Cl A		100		5,250
Molson Coors Beverage, Cl B		76		4,696
Mondelez International, Cl A		591		44,485
Monster Beverage (A)		353		19,422
Mowi		231		4,158
Nestle		1,174		133,778
Ocado Group (A)		303		2,076
Orkla		302		2,366
PepsiCo		603		101,624
Pernod Ricard		89		14,595
Philip Morris International		679		61,687
Procter & Gamble		1,038		163,111
Reckitt Benckiser Group		312		22,558
Remy Cointreau		9		912
Salmar		33		1,832
Seven & i Holdings		300		11,848
Shiseido		200		5,575
Suntory Beverage & Food		100		3,262
Sysco		221		17,886
Target		206		28,651
Tesco		3,114		11,284
Treasury Wine Estates		432		3,029
Tyson Foods, Cl A		118		6,462
Unicharm		200		6,882
Unilever		1,108		53,915
Walgreens Boots Alliance		332		7,493
Walmart		650		107,413
WH Group		3,500		2,065
Wilmar International		800		1,959
Woolworths Group		527		12,377
Yakult Honsha		100		2,184
				1,736,983
ENERGY — 4.3%
Aker BP		127		3,371
Ampol		95		2,247
APA		124		3,885
ARC Resources		288		4,473
Baker Hughes, Cl A		456		12,996

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
ENERGY (continued)
BP		7,491	$	43,751
Canadian Natural Resources		484		30,974
Cenovus Energy		648		10,498
Cheniere Energy		108		17,711
Chesapeake Energy		49		3,778
Chevron		795		117,207
ConocoPhillips		529		59,179
Coterra Energy		319		7,937
Devon Energy		289		12,144
Diamondback Energy		76		11,684
Enbridge		924		32,810
ENEOS Holdings		1,200		4,846
Eni		1,054		16,802
EOG Resources		255		29,016
EQT		168		5,947
Equinor		385		11,018
Exxon Mobil		1,762		181,151
Galp Energia SGPS		200		3,148
Halliburton		395		14,082
Hess		121		17,004
HF Sinclair		74		4,180
Idemitsu Kosan		500		2,777
Imperial Oil		91		5,249
Inpex		400		5,437
Keyera		88		2,129
Kinder Morgan		907		15,346
Marathon Oil		283		6,467
Marathon Petroleum		175		28,980
MEG Energy (A)		119		2,250
Neste		198		6,826
Occidental Petroleum		288		16,580
OMV		59		2,626
ONEOK		252		17,199
Ovintiv		121		5,133
Parkland		61		2,082
Pembina Pipeline		253		8,715
Phillips 66		195		28,140
Pioneer Natural Resources		103		23,673
Repsol		581		8,580
Santos		1,355		6,848
Schlumberger		625		30,437
Shell		2,898		89,845

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
ENERGY (continued)
Suncor Energy		562	$	18,610
Targa Resources		89		7,561
TC Energy		462		18,226
Tenaris		189		2,985
Texas Pacific Land		3		4,384
TotalEnergies		1,002		65,005
Tourmaline Oil		144		6,226
Valero Energy		156		21,668
Williams		528		18,301
Woodside Energy Group		839		17,549
				1,157,673
FINANCIALS — 15.2%
3i Group		444		13,899
ABN AMRO Bank		184		2,708
abrdn		871		1,853
Admiral Group		113		3,593
Adyen (A)		10		12,542
Aegon		727		4,289
Aflac		243		20,495
AIA Group		5,000		39,212
AIB Group		747		3,281
Allstate		117		18,164
Ally Financial		106		3,888
American Express		274		55,003
American Financial Group		29		3,492
American International Group		318		22,104
Ameriprise Financial		46		17,794
Amundi		24		1,623
Annaly Capital Management		209		4,011
ANZ Group Holdings		1,349		23,802
Aon, Cl A		89		26,560
Apollo Global Management		169		16,968
Arch Capital Group (A)		159		13,106
Ares Management, Cl A		74		8,989
Arthur J Gallagher		93		21,591
ASR Nederland		74		3,487
Assurant		24		4,031
ASX		78		3,335
Aviva		1,190		6,496
AXA		805		27,020
Baloise Holding		19		3,035
Banco Bilbao Vizcaya Argentaria		2,634		24,653

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
FINANCIALS (continued)
Banco BPM		519	$	2,800
Banco Santander		7,168		28,809
Bank Hapoalim		619		5,266
Bank Leumi Le-Israel		659		5,005
Bank of America		3,139		106,757
Bank of Ireland Group		480		4,414
Bank of Montreal		312		29,389
Bank of New York Mellon		343		19,023
Bank of Nova Scotia		540		25,252
Banque Cantonale Vaudoise		17		2,177
Barclays		6,635		12,330
Berkshire Hathaway, Cl B (A)		573		219,883
BlackRock, Cl A		66		51,104
Blackstone		312		38,828
Block (A)		32		2,085
Block, Cl A (A)		208		13,522
BNP Paribas		461		30,972
BOC Hong Kong Holdings		1,500		3,595
Brookfield, Cl A		601		23,853
Brookfield Asset Management, Cl A		150		6,031
Brown & Brown		110		8,532
CaixaBank		1,775		7,569
Canadian Imperial Bank of Commerce		404		18,258
Capital One Financial		164		22,192
Carlyle Group		108		4,322
Cboe Global Markets		49		9,009
Charles Schwab		653		41,087
Chiba Bank		200		1,482
Chubb		179		43,855
Cincinnati Financial		71		7,867
Citigroup		855		48,025
Citizens Financial Group		206		6,736
CME Group, Cl A		158		32,523
Coinbase Global, Cl A (A)		79		10,128
Commerzbank		493		5,661
Commonwealth Bank of Australia		740		56,428
Concordia Financial Group		400		1,906
Dai-ichi Life Holdings		400		8,773
Daiwa Securities Group		600		4,300
Danske Bank		305		8,190
DBS Group Holdings		800		18,948
Deutsche Bank		890		11,497

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
FINANCIALS (continued)
Deutsche Boerse		85	$	16,927
Discover Financial Services		109		11,502
DNB Bank		430		8,359
Edenred		116		6,928
EQT AB		175		4,699
Equitable Holdings		148		4,838
Erie Indemnity, Cl A		10		3,458
Erste Group Bank		163		7,022
Eurazeo		16		1,363
Euronext		34		2,991
Everest Group		20		7,699
Eversource Energy		158		8,567
EXOR		43		4,160
FactSet Research Systems		17		8,091
Fairfax Financial Holdings		9		9,382
Fidelity National Financial		109		5,453
Fidelity National Information Services		269		16,748
Fifth Third Bancorp		319		10,923
FinecoBank Banca Fineco		245		3,532
First Citizens BancShares, Cl A		5		7,550
Fiserv (A)		265		37,596
FleetCor Technologies (A)		31		8,988
Franklin Resources		121		3,222
Futu Holdings ADR (A)		20		934
Gjensidige Forsikring		80		1,287
Global Payments		110		14,655
Globe Life		39		4,790
Goldman Sachs Group		146		56,065
Great-West Lifeco		112		3,739
Groupe Bruxelles Lambert		45		3,411
Hang Seng Bank		300		3,123
Hannover Rueck		28		6,712
Hargreaves Lansdown		143		1,380
Hartford Financial Services Group		139		12,087
Helvetia Holding		14		2,022
Hong Kong Exchanges & Clearing		500		15,159
HSBC Holdings		8,527		66,576
Huntington Bancshares		592		7,536
iA Financial		43		2,923
IGM Financial		33		893
Industrivarden, Cl A		102		3,211
Industrivarden, Cl C		4		126

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
FINANCIALS (continued)
ING Groep		1,610	$	22,876
Insurance Australia Group		988		3,878
Intact Financial		78		12,198
Intercontinental Exchange		250		31,832
Intesa Sanpaolo		6,933		21,363
Investor, Cl B		750		17,659
Israel Discount Bank, Cl A 1		466		2,261
Jack Henry & Associates		30		4,975
Japan Exchange Group		200		4,426
Japan Post Bank		600		6,240
Japan Post Holdings		900		8,615
Japan Post Insurance		100		1,872
JPMorgan Chase		1,275		222,309
Julius Baer Group		89		4,845
KBC Group		108		7,045
KeyCorp		383		5,565
KKR		248		21,472
L E Lundbergforetagen, Cl B		32		1,669
Legal & General Group		2,752		8,852
Lloyds Banking Group		28,169		15,100
Loblaw		69		6,895
Loews		88		6,412
London Stock Exchange Group		182		20,587
LPL Financial Holdings		32		7,654
LVMH Moet Hennessy Louis Vuitton		121		100,679
M&G		1,037		2,932
M&T Bank		75		10,358
Macquarie Group		159		19,619
Manulife Financial		819		18,105
Markel Group (A)		5		7,487
MarketAxess Holdings		15		3,383
Marsh & McLennan		218		42,257
Mastercard, Cl A		369		165,766
Medibank Pvt		1,105		2,767
Mediobanca Banca di Credito Finanziario		248		3,284
MetLife		279		19,340
Mitsubishi HC Capital		300		2,127
Mitsubishi UFJ Financial Group		5,000		46,833
Mizrahi Tefahot Bank		83		3,089
Mizuho Financial Group		1,000		18,162
Moody’s		72		28,227
Morgan Stanley		548		47,807

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
FINANCIALS (continued)
MS&AD Insurance Group Holdings		200	$	8,259
MSCI, Cl A		35		20,952
Muenchener Rueckversicherungs-Gesellschaft in Muenchen		60		25,543
Nasdaq		159		9,185
National Australia Bank		1,403		29,590
NatWest Group		2,594		7,321
Nexi (A)		327		2,508
NN Group		122		5,001
Nomura Holdings		1,400		7,541
Nordea Bank Abp		1,403		17,288
Northern Trust		87		6,929
Onex		31		2,289
ORIX		500		9,655
Oversea-Chinese Banking		1,500		14,348
Partners Group Holding		10		13,492
PayPal Holdings (A)		466		28,589
Phoenix Group Holdings		260		1,660
PNC Financial Services Group		172		26,008
Poste Italiane		209		2,266
Power Corp of Canada		244		7,112
Principal Financial Group		108		8,543
Progressive		257		45,810
Prudential		1,237		12,707
Prudential Financial		165		17,313
QBE Insurance Group		632		6,507
Raymond James Financial		88		9,696
Regions Financial		435		8,121
Resona Holdings		1,000		5,520
Robinhood Markets, Cl A (A)		193		2,073
Royal Bank of Canada		607		59,239
S&P Global		143		64,114
Sampo, Cl A		200		8,371
SBI Holdings		100		2,457
Schroders		294		1,504
SEI Investments		48		3,035
Shizuoka Financial Group		200		1,828
Singapore Exchange		400		2,793
Skandinaviska Enskilda Banken, Cl A		657		9,331
Societe Generale		310		7,969
Sofina		6		1,435
Sompo Holdings		100		5,185

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
FINANCIALS (continued)
St. James’s Place		216	$	1,778
Standard Chartered		1,054		7,966
State Street		141		10,416
Sumitomo Mitsui Financial Group		600		31,208
Sumitomo Mitsui Trust Holdings		200		4,099
Sun Life Financial		269		13,944
Suncorp Group		624		5,744
Svenska Handelsbanken, Cl A		590		6,360
Swedbank		349		7,112
Swiss Life Holding		13		9,336
Swiss Re		135		15,458
Synchrony Financial		186		7,230
T Rowe Price Group		95		10,303
T&D Holdings		200		3,312
Talanx		29		2,035
Toast, Cl A (A)		122		2,168
Tokio Marine Holdings		800		21,094
Toronto-Dominion Bank		804		48,840
Tradeweb Markets, Cl A		53		5,056
Travelers		103		21,770
Truist Financial		571		21,161
Tryg		145		3,099
UBS Group		1,430		42,804
UniCredit		703		20,592
United Overseas Bank		600		12,647
US Bancorp		684		28,413
Visa, Cl A		705		192,648
W R Berkley		85		6,960
Wells Fargo		1,606		80,589
Westpac Banking		1,568		24,598
Willis Towers Watson		45		11,083
Wise, Cl A (A)		272		2,774
Worldline (A)		96		1,298
Zurich Insurance Group		65		33,026
				4,080,864
HEALTH CARE — 12.2%
Abbott Laboratories		765		86,560
AbbVie		775		127,410
Agilent Technologies		131		17,043
Alcon		220		16,560
Align Technology (A)		30		8,020
Alnylam Pharmaceuticals (A)		55		9,510

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
HEALTH CARE (continued)
Amgen		235	$	73,851
Amplifon		50		1,632
Argenx (A)		25		9,441
Asahi Intecc		100		1,900
Astellas Pharma		800		9,314
AstraZeneca		680		90,152
Avantor (A)		313		7,196
Bachem Holding, Cl B		15		1,004
Baxter International		218		8,434
Bayer		420		13,069
Becton Dickinson		127		30,329
Biogen (A)		65		16,033
BioMarin Pharmaceutical (A)		85		7,487
BioMerieux		17		1,830
Bio-Rad Laboratories, Cl A (A)		9		2,888
Bio-Techne		64		4,500
Boston Scientific (A)		640		40,486
Bristol-Myers Squibb		924		45,156
Cardinal Health		107		11,683
Carl Zeiss Meditec		16		1,687
Catalent (A)		68		3,512
Cencora, Cl A		73		16,986
Centene (A)		244		18,376
Charles River Laboratories International (A)		25		5,407
Chugai Pharmaceutical		300		10,791
Cigna Group		130		39,124
Cochlear		32		6,350
Coloplast, Cl B		59		6,801
Cooper		23		8,580
CSL		210		41,239
CVS Health		558		41,498
Daiichi Sankyo		800		23,951
Danaher		306		73,412
DaVita (A)		27		2,920
Demant (A)		43		1,948
Dexcom (A)		172		20,872
DiaSorin		10		920
EBOS Group		63		1,443
Edwards Lifesciences (A)		267		20,951
Eisai		100		4,709
Elevance Health		103		50,824
Eli Lilly		354		228,546

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
HEALTH CARE (continued)
EssilorLuxottica		129	$	25,280
Eurofins Scientific		54		3,252
Exact Sciences (A)		81		5,297
Fisher & Paykel Healthcare		235		3,394
Fresenius & KGaA		200		5,615
Fresenius Medical Care		82		3,169
GE HealthCare Technologies		179		13,131
Genmab (A)		29		8,019
Getinge, Cl B		92		1,967
Gilead Sciences		543		42,495
Grifols (A)		120		1,307
GSK		1,779		35,185
HCA Healthcare		89		27,136
Henry Schein (A)		56		4,191
Hikma Pharmaceuticals		70		1,708
Hologic (A)		102		7,593
Hoya		200		25,406
Humana		55		20,793
IDEXX Laboratories (A)		37		19,058
Illumina (A)		71		10,154
Incyte (A)		90		5,289
Insulet (A)		33		6,299
Intuitive Surgical (A)		154		58,246
Ipsen		15		1,730
IQVIA Holdings (A)		83		17,283
Jazz Pharmaceuticals (A)		25		3,068
Johnson & Johnson		1,058		168,116
Koninklijke Philips (A)		344		7,277
Kyowa Kirin		100		1,575
Laboratory Corp of America Holdings		39		8,670
Lonza Group		33		16,134
M3		200		3,156
McKesson		60		29,993
Medtronic		590		51,649
Merck		1,114		134,549
Merck KGaA		54		8,860
Mettler-Toledo International (A)		10		11,972
Moderna (A)		145		14,652
Molina Healthcare (A)		25		8,911
Neurocrine Biosciences (A)		47		6,569
Novartis		902		93,279
Novo Nordisk, Cl B		1,433		163,798

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
HEALTH CARE (continued)
Olympus		500	$	7,402
Ono Pharmaceutical		100		1,802
Orion, Cl B		43		1,980
Otsuka Holdings		200		7,862
Pfizer		2,481		67,186
QIAGEN		89		3,897
Quest Diagnostics		49		6,293
Ramsay Health Care		73		2,434
Recordati Industria Chimica e Farmaceutica		42		2,318
Regeneron Pharmaceuticals (A)		47		44,311
Repligen (A)		25		4,735
ResMed		65		12,363
Revvity		58		6,216
Roche Holding		323		92,200
Royalty Pharma, Cl A		187		5,309
Sandoz Group (A)		177		6,070
Sanofi		505		50,573
Sartorius Stedim Biotech		11		2,964
Shionogi		100		4,800
Siemens Healthineers		133		7,402
Smith & Nephew		352		4,923
Sonic Healthcare		182		3,795
Sonova Holding		22		7,031
STERIS		46		10,072
Straumann Holding		46		6,987
Stryker		149		49,986
Swedish Orphan Biovitrum (A)		89		2,498
Sysmex		100		5,417
Takeda Pharmaceutical		700		20,573
Teleflex		19		4,614
Terumo		300		10,156
Teva Pharmaceutical Industries ADR (A)		545		6,595
Thermo Fisher Scientific		169		91,088
UCB		51		4,797
United Therapeutics (A)		20		4,296
UnitedHealth Group		407		208,278
Universal Health Services, Cl B		30		4,764
Veeva Systems, Cl A (A)		69		14,311
Vertex Pharmaceuticals (A)		112		48,539
Viatris, Cl W		485		5,708
Waters (A)		25		7,943
West Pharmaceutical Services		33		12,310

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
HEALTH CARE (continued)
Zimmer Biomet Holdings		95	$	11,932
Zoetis, Cl A		205		38,501
				3,280,791
INDUSTRIALS — 10.9%
3M		244		23,021
A O Smith		53		4,113
ABB		793		33,553
ACS Actividades de Construccion y Servicios		82		3,236
Adecco Group		82		3,546
AECOM		53		4,674
Aena SME		37		6,545
AerCap Holdings (A)		88		6,737
Aeroports de Paris		12		1,606
AGC		100		3,761
Air Canada (A)		70		949
Airbus		258		41,096
Alfa Laval		127		4,660
Allegion		36		4,460
Alstom		129		1,627
AMETEK		103		16,691
ANA Holdings (A)		100		2,210
AP Moller - Maersk, Cl A		3		5,440
Ashtead Group		187		12,228
Assa Abloy, Cl B		457		12,534
Assicurazioni Generali		448		9,993
Atlas Copco, Cl A		929		14,826
Atlas Copco, Cl B		1,007		13,945
Auckland International Airport		502		2,588
Aurizon Holdings		739		1,822
Automatic Data Processing		179		43,995
Axon Enterprise (A)		32		7,970
BAE Systems		1,369		20,393
BayCurrent Consulting		100		2,325
Beijer Ref, Cl B		148		2,015
Boeing (A)		254		53,604
Booz Allen Hamilton Holding, Cl A		62		8,728
Bouygues		92		3,370
Brambles		578		5,511
Brenntag		62		5,481
Broadridge Financial Solutions		53		10,823
Builders FirstSource (A)		52		9,034
Bunzl		164		6,665

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
INDUSTRIALS (continued)
Bureau Veritas		118	$	3,139
CAE (A)		127		2,543
Canadian National Railway		244		30,268
Canadian Pacific Kansas City		414		33,315
Carlisle		22		6,914
Carrier Global		364		19,914
Caterpillar		224		67,269
Central Japan Railway		300		7,498
CH Robinson Worldwide		53		4,457
Cie de Saint-Gobain		206		14,565
Cintas		41		24,787
CK Hutchison Holdings		1,000		5,165
CNH Industrial		487		5,788
Computershare		216		3,578
Copart (A)		376		18,063
Credit Agricole		495		7,091
CSX		878		31,345
Cummins		61		14,597
Dai Nippon Printing		100		2,894
Daifuku		100		1,972
Daikin Industries		100		16,023
Daimler Truck Holding		246		8,791
Dassault Aviation		10		1,894
Dayforce (A)		68		4,727
DCC		40		2,908
Deere		120		47,230
Delta Air Lines		64		2,505
Deutsche Lufthansa (A)		239		1,987
Deutsche Post		437		20,930
Dover		65		9,736
DSV		81		14,492
East Japan Railway		100		5,719
Eaton		175		43,064
Eiffage		33		3,453
Elbit Systems		11		2,269
Element Fleet Management		194		3,273
Emerson Electric		246		22,566
Epiroc, Cl A		20		353
Epiroc, Cl B		483		7,531
Equifax		52		12,706
Expeditors International of Washington		68		8,590
Experian		409		17,024

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
INDUSTRIALS (continued)
FANUC		400	$	11,065
Fastenal		246		16,785
FedEx		104		25,094
Ferguson		91		17,095
Ferrovial		220		8,389
Fortive		159		12,431
Fortune Brands Innovations		55		4,267
Fuji Electric		100		5,008
GEA Group		61		2,443
Geberit		14		8,059
General Dynamics		101		26,764
General Electric		481		63,694
Getlink		176		3,033
GFL Environmental		104		3,534
Grab Holdings, Cl A (A)		735		2,256
Graco		73		6,227
Hankyu Hanshin Holdings		100		3,060
HEICO		20		3,592
HEICO, Cl A		33		4,669
Hitachi		400		31,420
Hitachi Construction Machinery		100		2,837
Honeywell International		293		59,262
Hoshizaki		100		3,638
Howmet Aerospace		175		9,845
Hubbell, Cl B		25		8,389
Huntington Ingalls Industries		16		4,143
Husqvarna, Cl B		169		1,315
IDEX		34		7,191
Illinois Tool Works		133		34,700
IMCD		23		3,511
Indutrade		114		2,769
Ingersoll Rand		179		14,295
Intertek Group		65		3,689
Investment Latour, Cl B		61		1,534
ITOCHU		500		22,692
Jacobs Solutions		52		7,008
Jardine Cycle & Carriage		100		1,930
Jardine Matheson Holdings		100		4,015
JB Hunt Transport Services		39		7,838
Johnson Controls International		306		16,123
Kajima		200		3,569
Kawasaki Kisen Kaisha		100		4,873

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
INDUSTRIALS (continued)
Keisei Electric Railway		100	$	4,525
Keppel		600		3,188
Kingspan Group		62		5,035
Kintetsu Group Holdings		100		3,086
Knight-Swift Transportation Holdings, Cl A		63		3,615
Knorr-Bremse		29		1,791
Komatsu		400		11,380
Kone, Cl B		161		7,970
Kongsberg Gruppen		46		2,344
Kubota		400		6,055
Kuehne + Nagel International		25		8,472
L3Harris Technologies		81		16,882
Legrand		113		10,951
Leidos Holdings		54		5,965
Lennox International		13		5,566
Leonardo		181		3,159
Lifco, Cl B		94		2,268
Lockheed Martin		98		42,082
Magna International		114		6,479
Makita		100		2,691
Marubeni		600		10,234
Masco		99		6,662
Melrose Industries		595		4,435
Metso		281		2,808
MINEBEA MITSUMI		200		4,134
MISUMI Group		100		1,714
Mitsubishi		1,500		25,852
Mitsubishi Electric		900		13,356
Mitsubishi Heavy Industries		100		6,670
Mitsui		600		24,334
Mitsui OSK Lines		200		7,184
MonotaRO		100		942
MTR		500		1,627
MTU Aero Engines		26		5,978
Nibe Industrier, Cl B		732		4,374
NIDEC		200		7,459
Nippon Yusen		200		6,892
Nordson		21		5,286
Norfolk Southern		99		23,289
Northrop Grumman		62		27,699
Obayashi		300		2,777
Odakyu Electric Railway		100		1,528

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
INDUSTRIALS (continued)
Old Dominion Freight Line		44	$	17,205
Otis Worldwide		184		16,273
Owens Corning		41		6,213
PACCAR		231		23,190
Parker-Hannifin		56		26,012
Paychex		143		17,407
Paycom Software		24		4,566
Paylocity Holding (A)		21		3,327
Pentair		66		4,829
Prysmian		127		5,589
Qantas Airways (A)		368		1,327
Quanta Services		65		12,613
Randstad		48		2,729
Rational		2		1,536
RB Global		78		4,993
Recruit Holdings		600		23,699
Reece		117		1,723
RELX		825		34,051
Rentokil Initial		1,060		5,459
Republic Services, Cl A		99		16,941
Rheinmetall		19		6,653
Robert Half		45		3,579
Rockwell Automation		50		12,664
ROCKWOOL, Cl B		3		818
Rollins		139		6,020
Rolls-Royce Holdings (A)		3,743		14,210
RTX		642		58,499
Saab, Cl B		36		2,318
Safran		149		27,820
Schindler Holding		33		8,077
Schneider Electric		237		46,559
Seatrium (A)		21,451		1,592
Secom		100		7,258
Securitas, Cl B		203		1,972
SG Holdings		100		1,295
SGS		69		6,376
Shimizu		200		1,339
Siemens		333		59,615
Siemens Energy (A)		221		3,283
Singapore Airlines		700		3,474
Singapore Technologies Engineering		600		1,663
Skanska, Cl B		138		2,393

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
INDUSTRIALS (continued)
SKF, Cl B		154	$	3,035
Smiths Group		159		3,259
Snap-on		22		6,378
Southwest Airlines		59		1,763
Spirax-Sarco Engineering		30		3,776
SS&C Technologies Holdings		92		5,614
Stanley Black & Decker		65		6,064
Stantec		48		3,857
Sumitomo		500		11,499
Taisei		100		3,646
Techtronic Industries		500		5,311
Teleperformance		24		3,748
Textron		90		7,624
TFI International		34		4,468
Thales		50		7,313
Thomson Reuters		70		10,393
Tobu Railway		100		2,648
Tokyu		200		2,347
TOPPAN Holdings		100		2,756
Toro		43		3,977
Toromont Industries		33		2,891
TOTO		100		2,707
Toyota Industries		100		8,458
Toyota Tsusho		100		6,553
Trane Technologies		101		25,457
TransDigm Group		24		26,224
TransUnion		90		6,227
Transurban Group		1,383		12,150
Uber Technologies (A)		800		52,216
U-Haul Holding, Cl B		36		2,299
Union Pacific		267		65,129
United Parcel Service, Cl B		318		45,124
United Rentals		29		18,137
VAT Group		11		5,121
Veralto		100		7,669
Verisk Analytics, Cl A		62		14,975
Vertiv Holdings, Cl A		150		8,450
Vestas Wind Systems (A)		459		12,942
Vinci		221		27,917
Volvo, Cl A		78		1,918
Volvo, Cl B		690		16,536
Wartsila Abp		190		2,803

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
INDUSTRIALS (continued)
Washington H Soul Pattinson		87	$	1,945
Waste Connections		115		17,855
Waste Management		179		33,228
Watsco		14		5,474
West Japan Railway		100		4,165
Westinghouse Air Brake Technologies		81		10,657
Wolters Kluwer		108		15,921
WSP Global		52		7,639
WW Grainger		20		17,913
Xinyi Glass Holdings		1,042		864
Xylem		102		11,469
Yamato Holdings		100		1,729
Yaskawa Electric		100		3,769
				2,922,663
INFORMATION TECHNOLOGY — 23.6%
Accenture, Cl A		277		100,795
Adobe (A)		200		123,556
Advanced Micro Devices (A)		709		118,892
Advantest		300		11,939
Akamai Technologies (A)		65		8,010
Amphenol, Cl A		260		26,286
Analog Devices		216		41,550
ANSYS (A)		38		12,458
Apple		6,867		1,266,275
Applied Materials		364		59,805
Arista Networks (A)		116		30,007
ASML Holding		177		153,563
Aspen Technology (A)		13		2,496
Atlassian, Cl A (A)		70		17,484
Autodesk (A)		96		24,366
Azbil		100		3,231
BE Semiconductor Industries		34		5,109
Bechtle		33		1,711
Bentley Systems, Cl B		102		5,141
BILL Holdings (A)		44		3,434
Broadcom		195		230,100
Brother Industries		100		1,675
Cadence Design Systems (A)		119		34,327
Canon		500		13,774
Capgemini		71		15,785
CDW		59		13,376
CGI, Cl A (A)		98		10,975

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
INFORMATION TECHNOLOGY (continued)
Check Point Software Technologies (A)		43	$	6,834
Cisco Systems		1,781		89,371
Cloudflare, Cl A (A)		126		9,960
Cognizant Technology Solutions, Cl A		218		16,812
Confluent, Cl A (A)		73		1,632
Constellation Software		9		24,875
Corning		361		11,729
Crowdstrike Holdings, Cl A (A)		101		29,542
CyberArk Software (A)		16		3,736
Dassault Systemes		298		15,448
Datadog, Cl A (A)		108		13,440
Dell Technologies, Cl C		118		9,780
Descartes Systems Group (A)		41		3,590
DocuSign, Cl A (A)		101		6,153
Dropbox, Cl A (A)		126		3,992
Dynatrace (A)		109		6,213
Enphase Energy (A)		60		6,248
Entegris		69		8,121
EPAM Systems (A)		27		7,509
F5 (A)		24		4,409
Fair Isaac (A)		11		13,187
First Solar (A)		42		6,145
Fortinet (A)		297		19,154
FUJIFILM Holdings		200		12,677
Fujitsu		100		13,841
Gartner (A)		34		15,553
Gen Digital		233		5,471
GoDaddy, Cl A (A)		57		6,080
Halma		152		4,207
Hamamatsu Photonics		100		3,950
Hewlett Packard Enterprise		584		8,929
Hexagon, Cl B		927		10,117
HP		382		10,967
HubSpot (A)		21		12,831
Ibiden		100		5,032
Infineon Technologies		566		20,635
Intel		1,839		79,224
International Business Machines		401		73,648
Intuit		124		78,285
Jabil		59		7,392
Juniper Networks		131		4,842
Keyence		100		44,740

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
INFORMATION TECHNOLOGY (continued)
Keysight Technologies (A)		82	$	12,567
KLA		59		35,048
Kyocera		400		5,856
Lam Research		58		47,860
Lattice Semiconductor (A)		57		3,469
Logitech International		69		5,784
Manhattan Associates (A)		28		6,792
Marvell Technology		384		25,997
Microchip Technology		241		20,528
Micron Technology		483		41,417
Microsoft		3,099		1,232,100
Monday.com (A)		9		1,890
MongoDB, Cl A (A)		31		12,416
Monolithic Power Systems		20		12,054
Motorola Solutions		74		23,643
Murata Manufacturing		800		16,154
National Bank of Canada		152		11,626
NEC		100		6,535
Nemetschek		23		2,122
NetApp		90		7,848
Nice (A)		30		6,224
Nokia		2,463		8,904
Nomura Research Institute		200		6,117
NTT Data Group		300		4,321
NVIDIA		1,085		667,568
NXP Semiconductors		115		24,216
Okta, Cl A (A)		65		5,372
Omron		100		4,497
ON Semiconductor (A)		183		13,017
Open Text		109		4,753
Oracle		720		80,424
Otsuka		100		4,208
Palantir Technologies, Cl A (A)		815		13,113
Palo Alto Networks (A)		134		45,360
PTC (A)		52		9,394
Qorvo (A)		45		4,488
QUALCOMM		486		72,176
Renesas Electronics (A)		700		11,485
Ricoh		300		2,358
Rohm		200		3,452
Roper Technologies		46		24,702
Sage Group		422		6,283

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
INFORMATION TECHNOLOGY (continued)
Salesforce (A)		427	$	120,025
SAP		457		79,173
Saputo		100		2,062
SCSK		100		1,963
Seagate Technology Holdings		82		7,026
Seiko Epson		100		1,460
ServiceNow (A)		90		68,886
Shimadzu		100		2,765
Shopify, Cl A (A)		532		42,589
Skyworks Solutions		66		6,894
Snowflake, Cl A (A)		123		24,064
Splunk (A)		73		11,196
STMicroelectronics		306		13,436
SUMCO		200		3,032
Super Micro Computer (A)		20		10,592
Synopsys (A)		67		35,734
TDK		200		9,951
TE Connectivity		141		20,049
Teledyne Technologies (A)		21		8,788
Telefonaktiebolaget LM Ericsson, Cl B		1,375		7,622
Temenos		27		2,748
Teradyne		66		6,375
Texas Instruments		400		64,048
TIS		100		2,224
Tokyo Electron		200		37,115
Trend Micro (A)		100		5,721
Trimble (A)		101		5,137
Twilio, Cl A (A)		83		5,837
Tyler Technologies (A)		19		8,032
UiPath, Cl A (A)		153		3,516
Unity Software (A)		123		3,985
VeriSign (A)		40		7,955
Western Digital (A)		148		8,473
WiseTech Global		68		3,202
Wix.com (A)		22		2,791
Workday, Cl A (A)		91		26,487
Xero (A)		67		4,796
Yokogawa Electric		100		1,965
Zebra Technologies, Cl A (A)		21		5,031
Zoom Video Communications, Cl A (A)		105		6,784

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
INFORMATION TECHNOLOGY (continued)
Zscaler (A)		40	$	9,427
				6,325,515
MATERIALS — 4.2%
Agnico Eagle Mines		218		10,715
Air Liquide		230		43,041
Air Products and Chemicals		96		24,548
Akzo Nobel		75		5,761
Albemarle		52		5,966
Amcor		616		5,809
Anglo American		566		13,492
Antofagasta		158		3,444
ArcelorMittal		243		6,692
Arkema		25		2,721
Asahi Kasei		500		3,792
ASM International		21		11,639
Avery Dennison		33		6,582
Ball		149		8,262
Barrick Gold		778		12,152
BASF		398		19,026
BHP Group		2,234		68,347
BlueScope Steel		202		3,084
Boliden		110		2,920
CCL Industries, Cl B		61		2,611
Celanese, Cl A		45		6,583
CF Industries Holdings		86		6,494
Clariant		87		1,114
Cleveland-Cliffs (A)		221		4,431
Corteva		322		14,645
Covestro (A)		77		4,066
CRH		309		21,921
Croda International		56		3,389
Crown Holdings		53		4,690
Dow		302		16,187
DSM-Firmenich		86		9,093
DuPont de Nemours		206		12,731
Eastman Chemical		54		4,512
Ecolab		111		22,002
EMS-Chemie Holding		3		2,265
Endeavour Mining		88		1,563
Evonik Industries		84		1,545
First Quantum Minerals		274		2,486
FMC		52		2,922

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
MATERIALS (continued)
Fortescue		772	$	14,920
Franco-Nevada		89		9,629
Freeport-McMoRan		623		24,727
Givaudan		4		16,634
Glencore		4,630		24,497
Heidelberg Materials		60		5,541
Holcim		228		17,414
Holmen, Cl B		29		1,143
ICL Group		283		1,287
IGO		311		1,512
International Flavors & Fragrances		111		8,955
International Paper		149		5,339
Ivanhoe Mines, Cl A (A)		242		2,540
James Hardie Industries (A)		210		7,890
JFE Holdings		300		4,737
JSR		100		2,727
Kinross Gold		506		2,789
Linde		215		87,038
L’Oreal		105		50,248
Lundin Mining		265		2,164
LyondellBasell Industries, Cl A		117		11,012
Martin Marietta Materials		27		13,727
Mineral Resources		79		3,047
Mitsubishi Chemical Group		500		3,015
Mitsui Chemicals		100		2,943
Mondi		176		3,160
Mosaic		148		4,545
Newmont		518		17,841
Nippon Paint Holdings		400		3,151
Nippon Sanso Holdings		100		2,534
Nippon Steel		400		9,626
Nissan Chemical		100		3,988
Nitto Denko		100		8,296
Norsk Hydro		539		3,159
Northern Star Resources		457		3,920
Novozymes, Cl B		165		8,474
Nucor		107		20,002
Nutrien		222		11,070
OCI		49		1,400
Oji Holdings		300		1,173
Orica		163		1,719
Packaging Corp of America		38		6,303

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
MATERIALS (continued)
Pan American Silver		184	$	2,491
Pilbara Minerals		1,109		2,526
PPG Industries		105		14,809
Reliance Steel & Aluminum		24		6,850
Rio Tinto		661		48,548
RPM International		62		6,613
Sandvik		492		10,340
Sherwin-Williams		106		32,264
Shin-Etsu Chemical		800		31,490
SIG Group		146		3,056
Sika		67		18,496
Smurfit Kappa Group		125		4,658
South32		1,872		4,053
Steel Dynamics		70		8,448
Stora Enso, Cl R		233		2,965
Sumitomo Chemical		600		1,413
Sumitomo Metal Mining		100		2,764
Svenska Cellulosa SCA, Cl B		246		3,349
Syensqo (A)		30		2,674
Symrise, Cl A		64		6,603
Teck Resources, Cl B		216		8,645
TMX Group		115		2,844
Toray Industries		600		2,998
Tosoh		100		1,289
Umicore		79		1,797
UPM-Kymmene		245		8,911
voestalpine		47		1,398
Vulcan Materials		60		13,561
Wacker Chemie		11		1,193
West Fraser Timber		22		1,750
Westlake		19		2,629
Westrock		107		4,308
Wheaton Precious Metals		203		9,514
Yara International		66		2,181
				1,116,507
REAL ESTATE — 2.3%
Alexandria Real Estate Equities		68		8,221
American Homes 4 Rent, Cl A		152		5,328
American Tower		203		39,717
AvalonBay Communities		62		11,099
Azrieli Group		17		1,145
Boston Properties		59		3,924

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
REAL ESTATE (continued)
Camden Property Trust		52	$	4,880
Canadian Apartment Properties REIT		34		1,180
CapitaLand Ascendas REIT		1,800		3,901
CapitaLand Integrated Commercial Trust		2,200		3,280
CapitaLand Investment		1,100		2,415
CBRE Group, Cl A (A)		135		11,652
City Developments		200		908
CK Asset Holdings		1,000		4,512
CoStar Group (A)		181		15,110
Covivio		20		968
Crown Castle		193		20,892
Daiwa House Industry		300		9,277
Daiwa House REIT Investment		1		1,767
Dexus		431		2,181
Digital Realty Trust		132		18,541
Equinix		41		34,020
Equity LifeStyle Properties		84		5,686
Equity Residential		161		9,690
ESR Group		800		1,023
Essex Property Trust		26		6,065
Extra Space Storage		91		13,144
Fastighets Balder, Cl B (A)		258		1,712
FirstService		16		2,678
Gaming and Leisure Properties		109		4,976
Gecina		18		1,985
GLP J-Reit		2		1,786
Goodman Group		757		12,566
GPT Group		767		2,318
Hang Lung Properties		1,000		1,161
Healthpeak Properties		265		4,902
Henderson Land Development		1,000		2,606
Hongkong Land Holdings		500		1,500
Host Hotels & Resorts		286		5,497
Hulic		200		2,208
Invitation Homes		270		8,891
Iron Mountain		132		8,913
Japan Metropolitan Fund Invest		3		2,037
Japan Real Estate Investment		1		3,834
KDX Realty Investment		2		2,170
Kimco Realty		272		5,494
Land Securities Group		282		2,377
LEG Immobilien (A)		29		2,406

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
REAL ESTATE (continued)
Link REIT		1,030	$	5,166
Mapletree Logistics Trust		1,318		1,515
Mapletree Pan Asia Commercial Trust		900		975
Mid-America Apartment Communities		55		6,951
Mirvac Group		1,578		2,218
Mitsubishi Estate		500		6,928
Mitsui Fudosan		400		10,041
Nippon Building Fund		1		4,046
Nippon Prologis REIT		1		1,779
Nomura Real Estate Holdings		100		2,736
Nomura Real Estate Master Fund		2		2,189
Prologis		404		51,183
Public Storage		70		19,823
Realty Income		307		16,698
Regency Centers		81		5,076
RioCan Real Estate Investment Trust		62		843
Sagax, Cl B		109		2,649
SBA Communications, Cl A		49		10,969
Scentre Group		2,671		5,310
Segro		496		5,509
Simon Property Group		143		19,821
Sino Land		2,212		2,311
Stockland		955		2,820
Sumitomo Realty & Development		100		3,145
Sun Communities		55		6,894
Sun Hung Kai Properties		500		4,667
Swire Properties		400		747
Swiss Prime Site		31		3,140
UDR		155		5,583
Unibail-Rodamco-Westfield (A)		50		3,580
UOL Group		200		929
Ventas		186		8,629
VICI Properties, Cl A		458		13,795
Vicinity		1,548		2,055
Vonovia		306		9,533
Warehouses De Pauw CVA		84		2,457
Welltower		225		19,465
Weyerhaeuser		310		10,159
Wharf Holdings		1,000		2,922
Wharf Real Estate Investment		1,000		2,930
WP Carey		92		5,700

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
REAL ESTATE (continued)
Zillow Group, Cl C (A)		59	$	3,353
				619,782
UTILITIES — 2.4%
Acciona		8		1,035
ACCIONA Energias Renovables		42		1,091
AES		322		5,371
Algonquin Power & Utilities		269		1,595
Alliant Energy		120		5,839
AltaGas		112		2,329
Ameren		109		7,583
American Electric Power		222		17,347
American Water Works		83		10,294
APA Group		654		3,617
Atmos Energy		66		7,520
BKW		12		1,906
Brookfield Renewable, Cl A		52		1,453
Canadian Utilities, Cl A		51		1,162
CenterPoint Energy		285		7,963
Centrica		2,414		4,225
Chubu Electric Power		300		3,892
CK Infrastructure Holdings		500		2,969
CLP Holdings		1,000		7,953
CMS Energy		134		7,660
Consolidated Edison		145		13,181
Constellation Energy		143		17,446
Dominion Energy		371		16,962
DTE Energy		92		9,699
Duke Energy		338		32,391
E.ON		1,009		13,651
Edison International		175		11,809
EDP - Energias de Portugal		1,413		6,303
EDP Renovaveis		116		1,879
Elia Group		12		1,445
Emera		130		4,594
Enagas		100		1,628
Endesa		127		2,516
Enel		3,525		24,052
Engie		825		13,177
Entergy		94		9,377
Essential Utilities		104		3,730
Evergy		110		5,585
Exelon		430		14,968

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — continued
	Shares		Value
UTILITIES (continued)
FirstEnergy		246	$	9,023
Fortis		228		9,147
Fortum		178		2,433
Hong Kong & China Gas		5,000		3,558
Iberdrola		5,262		32,221
Kansai Electric Power		300		4,093
Mercury NZ		280		1,155
Meridian Energy		513		1,738
National Grid		1,687		22,469
Naturgy Energy Group		43		1,158
NextEra Energy		898		52,650
NiSource		195		5,064
Northland Power		90		1,656
NRG Energy		98		5,198
Origin Energy		706		3,940
Orsted		89		5,016
Osaka Gas		200		4,211
PG&E		880		14,846
Power Assets Holdings		500		2,928
PPL		309		8,096
Public Service Enterprise Group		211		12,236
Redeia		174		2,895
RWE		268		9,896
Sembcorp Industries		400		1,683
Sempra		268		19,178
Severn Trent		130		4,273
Snam		811		3,961
Southern		477		33,161
SSE		506		10,777
Terna - Rete Elettrica Nazionale		566		4,773
Tokyo Electric Power Holdings (A)		600		3,195
Tokyo Gas		200		4,594
United Utilities Group		274		3,690
Veolia Environnement		315		10,264
Verbund		27		2,196
Vistra		141		5,785
WEC Energy Group		140		11,306
Xcel Energy		243		14,548
				656,208
TOTAL COMMON STOCK (Cost $25,430,700)				26,615,549

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
PREFERRED STOCK — 0.1%
	Shares		Value
CONSUMER DISCRETIONARY — 0.1%
Bayerische Motoren Werke, 0.000% (B)		23	$	2,247
Dr Ing hc F Porsche, 0.000% (B)		50		4,245
Porsche Automobil Holding, 0.000% (B)		61		3,046
Volkswagen, 0.000% (B)		89		11,447
				20,985
CONSUMER STAPLES — 0.0%
Henkel & KGaA, 0.000% (B)		72		5,519
HEALTH CARE — 0.0%
Sartorius, 0.000% (B)		11		4,013
TOTAL PREFERRED STOCK (Cost $40,698)				30,517
WARRANT — 0.0%
	Number of Warrants
Constellation Software, Expires 08/22/2028 Strike Price (A)(C)		9		–
TOTAL WARRANT (Cost $—)				–
TOTAL INVESTMENTS— 99.3% (Cost $25,471,398)			$	26,646,066

Percentages are based on Net Assets of $26,845,988.

(A) Non-income producing security.

(B) There is currently no rate available.

(C) Level 3 security in accordance with fair value hierarchy.

ADR — American Depositary Receipt

Cl — Class

EAFE — Europe, Australasia and Far East

MSCI — Morgan Stanley Capital International

REIT — Real Estate Investment Trust

S&P — Standard and Poor’s

THE ADVISORS’ INNER CIRCLE FUND III LGIM America Global Developed Equity Index Fund January 31, 2024 (Unaudited)

The open futures contracts held by the Fund at January 31, 2024, are as follows:

Type of Contract	Number of		Expiration  Date		Notional  Amount		Value		Unrealized   Appreciation/   (Depreciation)
Long Contracts
MSCI EAFE Index	1			Mar-2024	$	108,445	$	111,650	$	3,205
S&P 500 Index E-MINI	2			Mar-2024		47,367		48,705		1,338
					$	155,812	$	160,355	$	4,543

LGI-QH-001-0600