NPORT-EX 2 d586388d8k.htm SCHEDULE F HTML
THE ADVISORS’ INNER CIRCLE FUND   

SAROFIM EQUITY FUND

SEPTEMBER 30, 2023

  

(Unaudited)

 

             

  SCHEDULE OF INVESTMENTS

     

  COMMON STOCK†† — 99.8%

     
                 Shares               Value

Canada — 1.6%

     

Canadian Pacific Kansas City

      21,280     $ 1,583,445  
    

 

 

 

Denmark — 4.6%

     

Novo Nordisk ADR

      51,540       4,687,048  
    

 

 

 

France — 3.1%

     

LVMH Moet Hennessy Louis Vuitton ADR

      20,465       3,092,466  
    

 

 

 

Netherlands — 1.9%

     

ASML Holding, Cl G

      3,265       1,921,975  
    

 

 

 

Switzerland — 1.5%

     

Nestle ADR

      13,678       1,547,939  
    

 

 

 

United Kingdom — 2.0%

     

AstraZeneca PLC ADR

      18,000       1,218,960  

BAE Systems ADR

      16,000       791,200  
    

 

 

 

       2,010,160  
    

 

 

 

United States — 85.1%

     

Communication Services — 4.0%

     

Alphabet, Cl C *

      20,005       2,637,659  

Comcast, Cl A

      30,561       1,355,075  
    

 

 

 

       3,992,734  
    

 

 

 

Consumer Discretionary — 8.6%

     

Amazon.com *

      36,100       4,589,032  

Marriott International, Cl A

      8,120       1,596,067  

McDonald’s

      5,558       1,464,200  

NIKE, Cl B

      10,960       1,047,995  
    

 

 

 

                   8,697,294     
    

 

 

 

Consumer Staples — 7.8%

     

Coca-Cola

      34,752       1,945,417  

Estee Lauder, Cl A

      6,027       871,203  

PepsiCo

      13,345       2,261,177  

Philip Morris International

      19,524       1,807,532  

Procter & Gamble

      6,800       991,848  
    

 

 

 

       7,877,177  
    

 

 

 

 

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THE ADVISORS’ INNER CIRCLE FUND   

SAROFIM EQUITY FUND

SEPTEMBER 30, 2023

  

(Unaudited)

 

             

  COMMON STOCK — continued

     
                 Shares               Value

United States — (continued)

     

Energy — 10.4%

     

Chevron

      17,622     $ 2,971,422  

Enterprise Products Partners (A)

      38,300       1,048,271  

EOG Resources

      13,400       1,698,584  

Exxon Mobil

      5,000       587,900  

Hess

      27,500       4,207,500  
    

 

 

 

       10,513,677  
    

 

 

 

Financials — 16.0%

     

Berkshire Hathaway, Cl B *

      1,744       610,923  

BlackRock, Cl A

      3,590       2,320,899  

CME Group, Cl A

      2,800       560,616  

Intercontinental Exchange

      17,860       1,964,957  

JPMorgan Chase

      6,734       976,565  

Mastercard, Cl A

      5,635       2,230,953  

Progressive

      8,920       1,242,556  

S&P Global

      6,218       2,272,119  

Visa, Cl A

      17,075       3,927,421  
    

 

 

 

       16,107,009  
    

 

 

 

Health Care — 7.7%

     

Abbott Laboratories

      17,595       1,704,076  

Intuitive Surgical *

      4,845       1,416,145  

UnitedHealth Group

      7,625       3,844,448     

Zoetis, Cl A

      4,480       779,430  
    

 

 

 

       7,744,099  
    

 

 

 

Industrials — 6.2%

     

Automatic Data Processing

      3,880       933,450  

Broadridge Financial Solutions

      3,330       596,237  

Otis Worldwide

      6,475       520,007  

RTX

      9,501       683,787  

Union Pacific

      11,128       2,265,994  

Verisk Analytics, Cl A

      5,520       1,304,045  
    

 

 

 

       6,303,520  
    

 

 

 

Information Technology — 20.4%

     

Adobe *

      2,810       1,432,819  

Apple

      30,266       5,181,842  

Intuit

      2,920       1,491,945  

Microsoft

      28,530       9,008,347  

Texas Instruments

      21,871       3,477,708  
    

 

 

 

                   20,592,661  
    

 

 

 

 

2

THE ADVISORS’ INNER CIRCLE FUND   

SAROFIM EQUITY FUND

SEPTEMBER 30, 2023

  

(Unaudited)

 

             

  COMMON STOCK — continued

     
                 Shares               Value

United States — (continued)

     

Materials — 4.0%

     

Air Products and Chemicals

      9,714     $ 2,752,948  

Sherwin-Williams

      4,940       1,259,947  
    

 

 

 

       4,012,895  
    

 

 

 

                   85,841,066     
    

 

 

 

TOTAL COMMON STOCK
(Cost $37,969,746)

        100,684,099  
    

 

 

 

    

  SHORT-TERM INVESTMENT(A) — 0.2%

     

First America Government Obligations Fund, Cl X,
5.260% (Cost $212,448)

      212,448       212,448  
    

 

 

 

TOTAL INVESTMENTS— 100.0%
(Cost $38,182,194)

      $ 100,896,547  
    

 

 

 

Percentages are based on Net Assets of $100,939,810.

 

*

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 September 30, 2023.

ADR — American Depositary Receipt

Cl — Class

PLC — Public Limited Company

SAR-QH-001-2000

 

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