THE ADVISORS’ INNER CIRCLE FUND	CAMBIAR AGGRESSIVE VALUE FUND
	JULY 31, 2023 (UNAUDITED)

SCHEDULE OF INVESTMENTS
COMMON STOCK — 96.1%
	Shares		Value
CANADA — 9.7%
Cenovus Energy		129,437	$	2,461,892
Suncor Energy		75,085		2,349,409
				4,811,301
FRANCE — 2.9%
Airbus ADR		39,469		1,452,854
GERMANY — 6.9%
Bayer ADR		137,144		2,002,302
SAP ADR		10,247		1,397,179
				3,399,481
UNITED KINGDOM — 4.9%
Shell ADR		39,184		2,414,910
UNITED STATES — 71.7%
Air Lease		45,319		1,918,807
Alphabet *		11,176		1,483,279
American Express		10,028		1,693,529
Applied Materials		8,816		1,336,417
Bristol-Myers Squibb		24,954		1,551,889
Centene *		24,393		1,660,919
Constellation Brands		7,861		2,144,481
Corteva		19,990		1,128,036
Energy Transfer		200,684		2,667,090
Goldman Sachs Group		5,568		1,981,484
Intercontinental Exchange		12,737		1,462,208
L3Harris Technologies		7,362		1,395,025
Laboratory Corp of America Holdings		9,031		1,932,002
Liberty Media -Liberty Formula One Cl, C *		34,284		2,489,018
Medtronic		19,897		1,746,161
NOV		104,483		2,098,019
Sysco		20,572		1,569,849
TE Connectivity		13,691		1,964,522
Uber Technologies *		35,814		1,771,360
Waters *		5,173		1,428,834
				35,422,929
TOTAL COMMON STOCK
(Cost $39,181,457)				47,501,475
TOTAL INVESTMENTS — 96.1%
(Cost $39,181,457)			$	47,501,475

Percentages are based on Net Assets of $49,431,674.

* Non-income producing security.

Cl — Class

ADR — American Depositary Receipt

CMB-QH-010-3200

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