GAZPROM NEFT PJSC COMMON STOCK

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N/A SUZUKEN CO LTD COMMON STOCK N/A 29900.00000000 NS 1135498.49000000 0.165800281964 Long EC JP N 1 N N N Kamigumi Co.,Ltd. N/A KAMIGUMI CO LTD COMMON STOCK N/A 118300.00000000 NS 3551156.87000000 0.518523640085 Long EC JP N 1 N N N SLB N.V. 213800ZUA17OK3QLGM62 SLB LTD COMMON STOCK 806857108 311634.00000000 NS USD 11237522.04000000 1.640851431529 Long EC US N 1 N N N VALTERRA PLATINUM LIMITED 529900RORCZ0E5S5FX81 VALTERRA PLATINUM LIMITED COMMON STOCK N/A 489181.00000000 NS 30255477.35000000 4.417766047057 Long EC ZA N 1 N N N IMPALA PLATINUM HOLDINGS LIMITED 254900BZFIFB4PD2Z778 IMPALA PLATINUM HOLDINGS LTD COMMON STOCK N/A 1914092.00000000 NS 20513298.52000000 2.995257773211 Long EC ZA N 1 N N N Nutrien Ltd. 5493002QQ7GD21OWF963 NUTRIEN LTD COMMON STOCK 67077M108 119953.00000000 NS USD 6531440.85000000 0.953691038872 Long EC US N 1 N N N VODAFONE GROUP PUBLIC LIMITED COMPANY 213800TB53ELEUKM7Q61 VODAFONE GROUP PLC COMMON STOCK N/A 4878643.00000000 NS 5905951.73000000 0.862359986144 Long EC GB N 1 N N N Joint stock company National atomic company Kazatomprom 5493008JG5TXJP2JSY44 NAC KAZATOMPROM JSC-144A DEPOSITARY RECEIPT 63253R102 267479.00000000 NS USD 15663458.43000000 2.287106365272 Long EC GB Y 1 N N N West Japan Railway Company 353800QGUXHZ7EBCR121 WEST JAPAN RAILWAY CO COMMON STOCK N/A 253500.00000000 NS 5209967.13000000 0.760735506729 Long EC JP N 1 N N N MOSKOVSKAYA BIRZHA MMVB-RTS PAO 253400M5M1222KPNWE87 MOSCOW EXCHANGE MICEX-RTS PJ COMMON STOCK N/A 5746159.00000000 NS 3432761.08000000 0.501236029808 Long EC RU N 3 N N N K+S Aktiengesellschaft 529900YURAYD4IJX2J91 K+S AG-REG COMMON STOCK N/A 1570685.00000000 NS 20461875.84000000 2.987749269308 Long EC DE N 1 N N N GAZPROM PAO 213800FD9J2IHTA7YX78 GAZPROM PJSC COMMON STOCK N/A 8122810.00000000 NS 3499041.15000000 0.510913941661 Long EC RU N 3 N N N FEDERAL'NAYA GIDROGENERIRUYUSHCHAYA KOMPANIYA RUSGIDRO PAO 2534005TJN9DX4YWVT97 RUSHYDRO PJSC COMMON STOCK N/A 991278397.00000000 NS 1399812.69000000 0.204394229269 Long EC RU N 1 N N N China Communications Services Corporation Limited 529900JCDRVQE6YZKT86 CHINA COMMUNICATIONS SERVI-H COMMON STOCK N/A 10457000.00000000 NS 6267023.26000000 0.915081995034 Long EC HK N 1 N N N AIR LEASE CORPORATION 5493004NW4M4P8TMMK63 AIR LEASE CORP COMMON STOCK 00912X302 25878.00000000 NS USD 1652569.08000000 0.241300558162 Long EC US N 1 N N N MAN GROUP PLC 2549003YWC1DW6LALB09 MAN GROUP PLC/JERSEY COMMON STOCK N/A 663343.00000000 NS 1832690.15000000 0.267601010745 Long EC GB N 1 N N N DL E&C CO., LTD. 988400UU0MCCBS1YP242 DL E&C CO LTD COMMON STOCK N/A 197312.00000000 NS 5902444.41000000 0.861847863363 Long EC KR N 1 N N N 2025-10-31 THE ADVISORS' INNER CIRCLE FUND II Andrew Metzger Andrew Metzger Treasurer, Controller and Chief Financial Officer