NPORT-EX 2 784532ClientFiling.htm SCHEDULE F HTML
THE ADVISORS’ INNER CIRCLE FUND II  

REAVES INFRASTRUCTURE FUND

OCTOBER 31, 2023

(Unaudited)

 

 

 

  SCHEDULE OF INVESTMENTS

          

  COMMON STOCK — 99.7%

          
             Shares                    Value      

COMMUNICATION SERVICES — 24.9%

                

BCE

      25,000        $ 928,250    

Charter Communications, Cl A *

      2,440          982,832    

Cogent Communications Holdings

      18,462          1,199,661    

Comcast, Cl A

      30,799          1,271,691    

Rogers Communications, Cl B

      26,645          987,463    

T-Mobile US

      8,945          1,286,828    
       

 

 

  
                      6,656,725    
       

 

 

  

ELECTRIC UTILITIES — 21.6%

          

Alliant Energy

      21,673          1,057,426    

Constellation Energy

      15,612          1,762,907    

Exelon

      28,824          1,122,407    

NextEra Energy

      13,228          771,192    

Southern

      16,000          1,076,800    
       

 

 

  
          5,790,732    
       

 

 

  

ENERGY — 4.1%

          

DT Midstream

      20,654          1,114,696    
       

 

 

  

GAS UTILITIES — 3.9%

          

Atmos Energy

      9,782          1,053,130    
       

 

 

  

INDUSTRIALS — 8.6%

          

Canadian Pacific Kansas City

      14,868          1,055,182    

Union Pacific

      5,976          1,240,677    
       

 

 

  
          2,295,859    
       

 

 

  

MATERIALS — 5.0%

          

Linde

      3,492          1,334,503    
       

 

 

  

MULTI-UTILITIES — 18.8%

          

Ameren

      13,520          1,023,599    

CenterPoint Energy

      35,000          940,800    

CMS Energy

      16,130          876,504    

NiSource

      47,755          1,201,516    

Sempra Energy

      14,150          990,925    
       

 

 

  
          5,033,344    
       

 

 

  

REAL ESTATE — 8.8%

          

Equinix †

      1,692          1,234,551    

SBA Communications, Cl A †

      5,350          1,116,170    
       

 

 

  
          2,350,721    
       

 

 

  

 

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THE ADVISORS’ INNER CIRCLE FUND II  

REAVES INFRASTRUCTURE FUND

OCTOBER 31, 2023

(Unaudited)

 

 

 

COMMON STOCK — continued

          
             Shares                  Value        

WATER UTILITIES — 4.0%

            

American Water Works

      9,004        $             1,059,320    
       

 

 

  

TOTAL COMMON STOCK

          

    (Cost $24,013,705)

           26,689,030    
       

 

 

  

    

          

  SHORT-TERM INVESTMENT (A) — 0.3%

          

SEI Daily Income Trust Treasury II Fund, Cl F, 5.390%
(Cost $80,165)

      80,165          80,165    
       

 

 

    

TOTAL INVESTMENTS— 100.0%
(Cost $24,093,870)

         $ 26,769,195    
       

 

 

  

 

 

Percentages are based on Net Assets of $26,761,942.

 

*

Non-income producing security.

 

†

Real Estate Investment Trust

 

(A)

The rate reported is the 7-day effective yield as of October 31, 2023.

Cl — Class

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

WHR-QH-001-3900

 

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