NPORT-EX 2 TSWScheduleF.htm SCHEDULE F FOR VALIDATION PURPOSES ONLY - [927292.TX]

THE ADVISORS’ INNER CIRCLE FUND

    TS&W EQUITY PORTFOLIO
   JULY 31, 2020
   (Unaudited)

 

SCHEDULE OF INVESTMENTS

                  

  COMMON STOCK — 92.7%

     
     Shares      Value  

COMMUNICATION SERVICES — 16.2%

      

Alphabet, Cl C *

      537      $ 796,349  

Comcast, Cl A

      23,500        1,005,800  

DISH Network, Cl A *

      22,400        719,264  

Fox

      16,000        412,320  

Liberty Media -Liberty SiriusXM, Cl C *

      18,225        637,693  

Verizon Communications

      14,125        811,905  

ViacomCBS, Cl B

      31,400        818,598  
     

 

 

  
        5,201,929  
     

 

 

  

CONSUMER DISCRETIONARY — 9.5%

      

Aramark

      16,000        337,920  

Booking Holdings *

      200        332,426  

Dollar Tree *

      11,000        1,026,850  

eBay

      8,000        442,240  

LKQ *

      18,000        507,420  

TJX

      8,000        415,920  
     

 

 

  
        3,062,776  
     

 

 

  

CONSUMER STAPLES — 5.7%

      

Kraft Heinz

      23,100        794,178  

Post Holdings *

      11,500        1,020,510  
     

 

 

  
        1,814,688  
     

 

 

  

ENERGY — 3.5%

      

Baker Hughes, Cl A

      25,000        387,250  

Williams

      38,325        733,157  
     

 

 

  
        1,120,407  
     

 

 

  

FINANCIALS — 18.8%

      

Bank of America

      39,000        970,320  

Berkshire Hathaway, Cl B *

      7,800        1,527,084  

Charles Schwab

      16,100        533,715  

CIT Group

      22,600        428,722  

Progressive

      13,600        1,228,624  

Wells Fargo

      29,000        703,540  

Willis Towers Watson

      3,000        630,030  
     

 

 

  
        6,022,035  
     

 

 

  

HEALTH CARE — 16.4%

      

AbbVie

      4,000        379,640  

Alexion Pharmaceuticals *

      4,000        409,960  

Biogen *

      1,000        274,690  

Cigna

      5,209        899,542  

CVS Health

      16,200        1,019,628  

Laboratory Corp of America Holdings *

      2,625        506,415  

McKesson

      7,100        1,066,136  

Merck

      9,000        722,160  
     

 

 

  
        5,278,171  
     

 

 

  

INDUSTRIALS — 2.4%

      

Lockheed Martin

      1,100        416,867  

Raytheon Technologies

      6,000        340,080  
     

 

 

  
        756,947  
     

 

 

  
                                                         

THE ADVISORS’ INNER CIRCLE FUND

    TS&W EQUITY PORTFOLIO
   JULY 31, 2020
   (Unaudited)

 

COMMON STOCK — continued

      
     Shares      Value  

INFORMATION TECHNOLOGY — 8.2%

      

Apple

      740      $ 314,530  

Applied Materials

      8,000        514,640  

Cisco Systems

      10,000        471,000  

Dell Technologies, Cl C *

      12,000        717,960  

Intel

      6,000        286,380  

QUALCOMM

      3,050        322,110  
     

 

 

  
        2,626,620  
     

 

 

  

MATERIALS — 4.0%

      

Corteva

      26,800        765,408  

Mosaic

      38,000        511,860  
     

 

 

  
        1,277,268  
     

 

 

  

UTILITIES — 8.0%

      

CenterPoint Energy

      21,000        399,210  

Dominion Energy

      12,000        972,360  

FirstEnergy

      22,675        657,575  

PPL

      20,275        539,721  
     

 

 

  
        2,568,866  
     

 

 

  

TOTAL COMMON STOCK

      

(Cost $26,970,103)

         29,729,707  
     

SHORT-TERM INVESTMENT — 7.6%

      

Federated Government Obligations Money Market Fund,

 

   

Cl I, 0.050% (A)

      2,436,335        2,436,335  
     

 

 

  

TOTAL SHORT-TERM INVESTMENT

      

(Cost $2,436,335)

         2,436,335  
     

 

 

  

TOTAL INVESTMENTS— 100.3%

      

(Cost $29,406,438)

       $ 32,166,042  
     

 

 

  
                                                         

Percentages are based on Net Assets of $32,073,636.

 

*

Non-income producing security.

(A)

The rate reported is the 7-day effective yield as of July 31, 2020.

Cl —Class

As of July 31, 2020, all of the Portfolio’s investments in securities were considered Level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

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

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