FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND CLASS X CLASS X

NPORT-P false 0000890540 XXXXXXXX S000087686 C000253561 ADVISORS' INNER CIRCLE FUND II 811-07102 0000890540 549300OEHDTB2ALCAX69 ONE FREEDOM VALLEY DRIVE OAKS 19456 8774463863 3EDGE Dynamic International Equity ETF S000087686 5299003DDMQ5VI4WCG07 2026-09-30 2025-12-31 N 166215859.59 86897.50 166128962.09 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N N/A N/A FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND CLASS X CLASS X 31846V336 3027663.29000000 PA USD 3027663.29000000 1.822477701606 Long STIV US N 1 N N N iShares MSCI Europe Small-Cap ETF N/A ISHARES MSCI EUROPE SMALL-CA MUTUAL FUND 464288497 92669.00000000 NS USD 6351839.07000000 3.823438725006 Long EC RF US N 1 N N iShares Inc - iShares MSCI Germany ETF 5493004D0K60CDIFRQ61 ISHARES MSCI GERMANY ETF MUTUAL FUND 464286806 388456.00000000 NS USD 16509380.00000000 9.937689245934 Long EC RF US N 1 N N iShares, Inc. - iShares MSCI Global Gold Miners ETF 549300GPQXTYLBQN1755 ISHARES MSCI GLOBAL GOLD MIN MUTUAL FUND 46434G855 61084.00000000 NS USD 4498225.76000000 2.707671018592 Long EC RF US N 1 N N N iShares Trust - iShares MSCI India ETF 549300282VMCFH7S5848 ISHARES MSCI INDIA ETF MUTUAL FUND 46429B598 66208.00000000 NS USD 3578542.40000000 2.154074975837 Long EC RF US N 1 N N N iShares MSCI Japan Small-Cap ETF N/A ISHARES MSCI JAPAN SMALL-CAP MUTUAL FUND 464286582 50582.00000000 NS USD 4643832.26000000 2.795317686680 Long EC RF US N 1 N N N JPMorgan BetaBuilders Japan ETF N/A JPMORGAN BETABUILDERS JAPAN MUTUAL FUND 46641Q217 329665.00000000 NS USD 21728220.15000000 13.07912833298 Long EC RF US N 1 N N MOUNT VERNON LIQUID ASSETS PORTFOLIO N/A MOUNT VERNON LIQUID ASSETS PORTFOLIO 990VR1110 20310775 NS USD 20310775 12.22590856192 Long STIV US N 1 N N SEI Select Emerging Markets Equity ETF N/A SEI SELECT EM MRKT EQ MUTUAL FUND 81589A601 760600.00000000 NS USD 23673903.18000000 14.25031667095 Long EC RF US N 1 N N SEI Select International Equity ETF N/A SEI SELECT INTL EQUITY MUTUAL FUND 81589A700 1144408.00000000 NS USD 37229766.62000000 22.41016024636 Long EC RF US N 1 N N SPDR Index Shares Funds - SPDR Euro STOXX 50 ETF N/A SPDR EURO STOXX 50 ETF MUTUAL FUND 78463X202 44654.00000000 NS USD 2875271.06000000 1.730746417618 Long EC RF US N 1 N N Spdr Msci Acwi Ex Us Etf N/A SPDR MSCI ACWI EX-US MUTUAL FUND 78463X848 1026563.00000000 NS USD 36874142.96000000 22.19609542857 Long EC RF US N 1 N N Spdr S&P Emerging Markets Small Cap Etf N/A SPDR S&P EMERGING MKTS SMALL MUTUAL FUND 78463X756 68217.00000000 NS USD 4478869.00000000 2.696019371729 Long EC RF US N 1 N N WisdomTree Europe SmallCap Dividend Fund N/A WISDOMTREE EUR S/C DIVIDEND MUTUAL FUND 97717W869 38585.00000000 NS USD 2771776.63000000 1.668448773247 Long EC RF US N 1 N N 2025-12-31 THE ADVISORS' INNER CIRCLE FUND II Andrew Metzger Andrew Metzger Treasurer, Controller and Chief Financial Officer XXXX