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

CARDINAL SMALL

CAP VALUE FUND

JANUARY 31, 2021

(UNAUDITED)

 

 

  SCHEDULE OF INVESTMENTS

      

  COMMON STOCK — 94.6%

      

 

         Shares       

       Value      

COMMUNICATION SERVICES — 3.4%

      

Nexstar Media Group, Cl A

      28,687       $       3,260,851   
     

 

 

 

CONSUMER DISCRETIONARY — 5.2%

      

Lithia Motors, Cl A

      9,314        2,968,186  

Oxford Industries

      30,017        1,958,309  
     

 

 

 

        4,926,495  
     

 

 

 

CONSUMER STAPLES — 5.6%

      

Calavo Growers

      15,270        1,162,811  

Hostess Brands, Cl A *

      188,680        2,896,238  

Spectrum Brands Holdings

      17,174        1,297,839  
     

 

 

 

        5,356,888  
     

 

 

 

ENERGY — 2.0%

      

Rattler Midstream (A)

      99,012        946,555  

Viper Energy Partners (A)

      68,132        936,133  
     

 

 

 

        1,882,688  
     

 

 

 

FINANCIALS — 21.9%

      

BGC Partners, Cl A

      398,289        1,413,926  

Columbia Banking System

      81,051        3,122,085  

FB Financial

      74,712        2,791,240  

First Merchants

      82,945        3,124,538  

Pacific Premier Bancorp

      97,351        3,236,921  

PacWest Bancorp

      141,316        4,266,330  

Starwood Property Trust ‡

      154,483        2,898,101  
     

 

 

 

        20,853,141  
     

 

 

 

HEALTH CARE — 8.6%

      

Change Healthcare *

      151,920        3,624,811  

Ligand Pharmaceuticals *

      11,063        2,050,527  

ModivCare *

      16,095        2,552,184  
     

 

 

 

        8,227,522  
     

 

 

 

INDUSTRIALS — 18.5%

      

BWX Technologies, Cl W

      42,567        2,295,213  

CBIZ *

      122,049        3,162,290  

CIRCOR International *

      59,540        1,903,494  

 

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THE ADVISORS’ INNER CIRCLE FUND II   

CARDINAL SMALL

CAP VALUE FUND

JANUARY 31, 2021

(UNAUDITED)

 

 

  COMMON STOCK — continued

      

 

         Shares       

       Value      

INDUSTRIALS — continued

      

Colfax *

      75,677       $       2,809,130   

ESCO Technologies

      13,697        1,302,311  

Kaman

      36,153        1,820,665  

KAR Auction Services *

      138,729        2,560,937  

Teledyne Technologies *

      844        301,316  

Trinity Industries

      51,960        1,445,008  
     

 

 

 

        17,600,364  
     

 

 

 

INFORMATION TECHNOLOGY — 16.6%

      

ACI Worldwide *

      80,803        3,102,027  

J2 Global *

      38,741        3,976,376  

OSI Systems *

      17,322        1,559,327  

Silicon Motion Technology ADR

      61,418        3,034,663  

Verint Systems *

      51,426        3,796,782  

Verra Mobility, Cl A *

      26,915        344,512  
     

 

 

 

        15,813,687  
     

 

 

 

MATERIALS — 4.2%

      

HB Fuller

      3,731        189,871  

PQ Group Holdings *

      52,386        721,879  

Silgan Holdings

      84,568        3,080,812  
     

 

 

 

        3,992,562  
     

 

 

 

REAL ESTATE — 8.6%

      

Community Healthcare Trust ‡

      46,522        2,080,464  

Howard Hughes *

      24,360        2,099,101  

Medical Properties Trust ‡

      81,767        1,726,101  

Newmark Group, Cl A

      115,394        780,063  

Physicians Realty Trust ‡

      88,288        1,556,518  
     

 

 

 

        8,242,247  
     

 

 

 

TOTAL COMMON STOCK
(Cost $75,888,156)

         90,156,445  
     

 

 

 

 

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THE ADVISORS’ INNER CIRCLE FUND II   

CARDINAL SMALL

CAP VALUE FUND

JANUARY 31, 2021

(UNAUDITED)

 

 

  SHORT-TERM INVESTMENT — 5.6%

      

 

         Shares       

       Value      

SEI Daily Income Trust Government Fund, Cl F, 0.010% (B)
(Cost $5,359,615)

      5,359,615       $ 5,359,615   
     

 

 

 

TOTAL INVESTMENTS— 100.2%
    (Cost $81,247,771)

       $     95,516,060  
     

 

 

 

Percentages are based on Net Assets of $95,286,127.

*

Non-income producing security.

‡

Real Estate Investment Trust

(A)

Security is a Master Limited Partnership. At January 31, 2021, such securities amounted to $1,882,688, or 2.0% of the net assets of the Fund.

(B)

The rate shown is the 7-day effective yield as of January 31, 2021.

ADR — American Depositary Receipt

Cl — Class

As of January 31, 2021, all of the Fund’s investments were considered Level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. generally accepted accounting principles.

For the period ended January 31, 2021, there were no transfers in or out of Level 3.

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

CAR-QH-001-1400

 

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