NPORT-EX 2 d441080d8k.htm SCHEDULE F HTML
THE ADVISORS’ INNER CIRCLE FUND   

SAROFIM EQUITY FUND

MARCH 31, 2023

  

(Unaudited)

 

             

  SCHEDULE OF INVESTMENTS

     

  COMMON STOCK†† — 99.7%

     
                 Shares               Value

Canada — 1.6%

     

Canadian Pacific Railway

      21,280     $ 1,637,283  
    

 

 

 

Denmark — 4.2%

     

Novo Nordisk ADR

      25,770       4,101,038  
    

 

 

 

France — 3.8%

     

LVMH Moet Hennessy Louis Vuitton ADR

      20,465       3,760,035  
    

 

 

 

Netherlands — 2.3%

     

ASML Holding, Cl G

      3,265       2,222,518  
    

 

 

 

Switzerland — 1.7%

     

Nestle ADR

      13,678       1,664,476  
    

 

 

 

United States — 85.1%

     

Communication Services — 3.6%

     

Alphabet, Cl C *

      20,005       2,080,520  

Comcast, Cl A

      39,561       1,499,757  
    

 

 

 

                   3,580,277     
    

 

 

 

Consumer Discretionary — 8.1%

     

Amazon.com *

      36,100       3,728,769  

Marriott International, Cl A

      8,120       1,348,245  

McDonald’s

      5,558       1,554,072  

NIKE, Cl B

      10,960       1,344,134  
    

 

 

 

       7,975,220  
    

 

 

 

Consumer Staples — 9.6%

     

Altria Group

      9,962       444,504  

Coca-Cola

      34,752       2,155,667  

Estee Lauder, Cl A

      6,027       1,485,414  

PepsiCo

      13,345       2,432,793  

Philip Morris International

      20,174       1,961,922  

Procter & Gamble

      6,800       1,011,092  
    

 

 

 

       9,491,392  
    

 

 

 

Energy — 9.2%

     

Chevron

      17,622       2,875,206  

Enterprise Products Partners

      38,300       991,970  

EOG Resources

      8,900       1,020,207  

 

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THE ADVISORS’ INNER CIRCLE FUND   

SAROFIM EQUITY FUND

MARCH 31, 2023

  

(Unaudited)

 

             

  COMMON STOCK — continued

     
                 Shares               Value

United States — (continued)

     

Energy — (continued)

     

Exxon Mobil

      5,000     $ 548,300  

Hess

      27,500       3,639,350     
    

 

 

 

       9,075,033  
    

 

 

 

Financials — 15.3%

     

Berkshire Hathaway, Cl B *

      1,744       538,495  

BlackRock, Cl A

      3,590       2,402,141  

Intercontinental Exchange

      17,860       1,862,619  

JPMorgan Chase

      7,484       975,240  

Mastercard, Cl A

      5,635       2,047,815  

Progressive

      8,920       1,276,095  

S&P Global

      6,218       2,143,780  

Visa, Cl A

      17,075       3,849,730  
    

 

 

 

       15,095,915  
    

 

 

 

Health Care — 8.0%

     

Abbott Laboratories

      22,645       2,293,033  

Intuitive Surgical *

      4,845       1,237,752  

UnitedHealth Group

      7,625       3,603,499  

Zoetis, Cl A

      4,480       745,651  
    

 

 

 

       7,879,935  
    

 

 

 

Industrials — 6.3%

     

Automatic Data Processing

      3,880       863,804  

Broadridge Financial Solutions

      3,580       524,721  

Otis Worldwide

      6,475       546,490  

Raytheon Technologies

      9,501       930,433  

Union Pacific

      11,128       2,239,622  

Verisk Analytics, Cl A

      5,520       1,059,067  
    

 

 

 

       6,164,137  
    

 

 

 

Information Technology — 20.9%

     

Adobe *

      2,810       1,082,890  

Apple

      31,666       5,221,723  

Intuit

      2,920       1,301,824  

Microsoft

      31,155       8,981,986  

Texas Instruments

      21,871       4,068,225  
    

 

 

 

                   20,656,648  
    

 

 

 

Materials — 4.1%

     

Air Products and Chemicals

      9,714       2,789,958  

 

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THE ADVISORS’ INNER CIRCLE FUND   

SAROFIM EQUITY FUND

MARCH 31, 2023

  

(Unaudited)

 

             

  COMMON STOCK — continued

     
                 Shares               Value

United States — (continued)

     

Materials — (continued)

     

Sherwin-Williams

      5,290     $ 1,189,033  
    

 

 

 

       3,978,991  
    

 

 

 

       83,897,548  
    

 

 

 

United Kingdom — 1.0%

     

AstraZeneca PLC ADR

      14,000       971,740  
    

 

 

 

TOTAL COMMON STOCK
(Cost $36,593,454)

                    98,254,638     
    

 

 

 

    

  SHORT-TERM INVESTMENT(A) — 0.2%

     

First America Government Obligations Fund, Cl X,
4.650% (Cost $228,025)

      228,025       228,025  
    

 

 

 

TOTAL INVESTMENTS— 99.9%
(Cost $36,821,479)

      $ 98,482,663  
    

 

 

 

Percentages are based on Net Assets of $98,601,476.

 

*

Non-income producing security.

††

More narrow industries are used for compliance purposes, whereas broad sectors are utilized for reporting purposes.

(A)

Rate shown is the 7-day effective yield as of March 31, 2023.

ADR — American Depositary Receipt

Cl — Class

PLC — Public Limited Company

SAR-QH-001-1900

 

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