ALTRIA GROUP INC COMMON STOCK

NPORT-P false 0000890540 XXXXXXXX S000084215 C000248488 ADVISORS' INNER CIRCLE FUND II 811-07102 0000890540 549300OEHDTB2ALCAX69 ONE FREEDOM VALLEY DRIVE OAKS 19456 8774463863 Cullen Enhanced Equity Income ETF S000084215 5299008KQDA92PM3A019 2026-09-30 2026-06-30 N 54573986.29 191325.71 54382660.58 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 1773573.01000000 N Cullen Enhanced Equity Income ETF - carve out 4875_CARVE OUT Altria Group, Inc. XSGZFLO9YTNO9VCQV219 ALTRIA GROUP INC COMMON STOCK 02209S103 21756.00000000 NS USD 1565344.20000000 2.878388411499 Long EC US N 1 N N N AMERICAN INTERNATIONAL GROUP, INC. ODVCVCQG2BP6VHV36M30 AMERICAN INTERNATIONAL GROUP COMMON STOCK N/A 16174.00000000 NS USD 1205448.22000000 2.216603982121 Long EC US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORP COMMON STOCK N/A 2.00000000 NS USD 113.96000000 0.000209552086 Long EC US N 1 N N N BCE INC. 5493001I9203PRB5KR45 BCE INC COMMON STOCK 05534B760 59635.00000000 NS USD 1282748.85000000 2.358746034708 Long EC US N 1 N N N BECTON, DICKINSON AND COMPANY ICE2EP6D98PQUILVRZ91 BECTON DICKINSON AND CO COMMON STOCK N/A 10908.00000000 NS USD 1650707.64000000 3.035356531649 Long EC US N 1 N N N BRISTOL-MYERS SQUIBB COMPANY HLYYNH7UQUORYSJQCN42 BRISTOL-MYERS SQUIBB CO COMMON STOCK 110122108 33216.00000000 NS USD 1913905.92000000 3.519331161050 Long EC US N 1 N N N BRITISH AMERICAN TOBACCO P.L.C. 213800FKA5MF17RJKT63 BRITISH AMERICAN TOB-SP ADR DEPOSITARY RECEIPT 110448107 24047.00000000 NS USD 1485142.72000000 2.730912213857 Long EC US N 1 N N N CITIGROUP INC. 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC COMMON STOCK 172967424 12167.00000000 NS USD 1702893.32000000 3.131316676746 Long EC US N 1 N N N COMCAST CORPORATION 51M0QTTNCGUN7KFCFZ59 COMCAST CORP-CLASS A COMMON STOCK 20030N101 47642.00000000 NS USD 1169611.10000000 2.150705918993 Long EC US N 1 N N N CONOCOPHILLIPS WPTL2Z3FIYTHSP5V2253 CONOCOPHILLIPS COMMON STOCK 20825C104 17881.00000000 NS USD 1858908.76000000 3.418201206366 Long EC US N 1 N N N DUKE ENERGY CORPORATION I1BZKREC126H0VB1BL91 DUK US 07/17/26 C130 SHORT N/A -133.00000000 NC USD -9310.00000000 -0.01711942722 N/A DE US N 1 DUK US 07/17/26 C130 N/A Call Written DUKE ENERGY CORPORATION DUK Call 130 Jul 2026 -13300.00000000 130.00000000 USD 2026-07-20 XXXX 3966.85000000 N N N DUKE ENERGY CORPORATION I1BZKREC126H0VB1BL91 DUKE ENERGY CORP COMMON STOCK 26441C204 13339.00000000 NS USD 1688450.62000000 3.104759130929 Long EC US N 1 N N N EOG RESOURCES, INC. XWTZDRYZPBUHIQBKDB46 EOG RESOURCES INC COMMON STOCK 26875P101 15380.00000000 NS USD 1995247.40000000 3.668903615086 Long EC US N 1 N N N EXXON MOBIL CORP N/A EXXON MOBIL CORP COMMON STOCK 30231G102 11297.00000000 NS USD 1544525.84000000 2.840107165643 Long EC US N 1 N N N FIRST HORIZON CORPORATION TF3RXI1ZB1TQ30H9JV10 FHN US 07/17/26 C26 SHORT 73A9900A6 -276.00000000 NC USD -17112.00000000 -0.03146591177 N/A DE US N 1 FHN US 07/17/26 C26 N/A Call Written FIRST HORIZON CORPORATION FHN Call 26 Jul 2026 -27600.00000000 26.00000000 USD 2026-07-20 XXXX -4617.59000000 N N N FIRST HORIZON CORPORATION TF3RXI1ZB1TQ30H9JV10 FIRST HORIZON CORP COMMON STOCK 320517105 55156.00000000 NS USD 1414199.84000000 2.600460928018 Long EC US N 1 N N N GENERAL DYNAMICS CORPORATION 9C1X8XOOTYY2FNYTVH06 GENERAL DYNAMICS CORP COMMON STOCK 369550108 2991.00000000 NS USD 1059531.84000000 1.948289820137 Long EC US N 1 N N N HEALTHPEAK PROPERTIES, INC. 254900M6MTMZM0I22L81 HEALTHPEAK PROPERTIES INC REIT 42250P103 78876.00000000 NS USD 1687946.40000000 3.103831960403 Long EC US N 1 N N N HONEYWELL AEROSPACE INC. 213800ZUAQRBYL67JS90 HONEYWELL AEROSPACE INC COMMON STOCK 43849R105 3012.00000000 NS USD 665892.96000000 1.224458224180 Long EC US N 1 N N N HONEYWELL INTERNATIONAL INCORPORATION ISRPG12PN4EIEOEMW547 HONEYWELL INTERNATIONAL INC COMMON STOCK 438516205 3012.00000000 NS USD 674386.80000000 1.240076878930 Long EC US N 1 N N N INTERNATIONAL BUSINESS MACHINES CORPORATION VGRQXHF3J8VDLUA7XE92 INTL BUSINESS MACHINES CORP COMMON STOCK 459200101 7779.00000000 NS USD 2187532.59000000 4.022481737137 Long EC US N 1 N N N KEURIG DR PEPPER INC. DYTQ8KRTKO7Y2BVU5K74 KEURIG DR PEPPER INC COMMON STOCK 49271V100 52301.00000000 NS USD 1711811.73000000 3.147716039898 Long EC US N 1 N N N MEDTRONIC PUBLIC LIMITED COMPANY 549300GX3ZBSQWUXY261 MEDTRONIC PLC COMMON STOCK G5960L103 20709.00000000 NS USD 1620065.07000000 2.979010318218 Long EC US N 1 N N N MERCK & CO., INC. 4YV9Y5M8S0BRK1RP0397 MERCK & CO. INC. COMMON STOCK 58933Y105 17759.00000000 NS USD 2282031.50000000 4.196248355011 Long EC US N 1 N N N Altria Group, Inc. XSGZFLO9YTNO9VCQV219 MO US 07/17/26 C74 SHORT 75599C4A7 -214.00000000 NC USD -16692.00000000 -0.03069360678 N/A DE US N 1 MO US 07/17/26 C74 N/A Call Written Altria Group, Inc. MO Call 74 Jul 2026 -21400.00000000 74.00000000 USD 2026-07-20 XXXX 904.23000000 N N N MERCK & CO., INC. 4YV9Y5M8S0BRK1RP0397 MRK US 07/17/26 C125 SHORT 66M9901A6 -175.00000000 NC USD -88375.00000000 -0.16250584112 N/A DE US N 1 MRK US 07/17/26 C125 N/A Call Written MERCK & CO., INC. MRK Call 125 Jul 2026 -17500.00000000 125.00000000 USD 2026-07-20 XXXX -67860.69000000 N N N THE PNC FINANCIAL SERVICES GROUP, INC. CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES GROUP COMMON STOCK 693475105 4882.00000000 NS USD 1202046.04000000 2.210347980735 Long EC US N 1 N N N PPG INDUSTRIES, INC. 549300BKPEP01R3V6C59 PPG INDUSTRIES INC COMMON STOCK 693506107 11336.00000000 NS USD 1374943.44000000 2.528275419657 Long EC US N 1 N N N PPL CORPORATION 9N3UAJSNOUXFKQLF3V18 PPL CORP COMMON STOCK 69351T106 44587.00000000 NS USD 1620737.45000000 2.980246704950 Long EC US N 1 N N N PPL CORPORATION 9N3UAJSNOUXFKQLF3V18 PPL US 07/17/26 C38 SHORT 017990VT6 -223.00000000 NC USD -3345.00000000 -0.00615085757 N/A DE US N 1 PPL US 07/17/26 C38 N/A Call Written PPL CORPORATION PPL Call 38 Jul 2026 -22300.00000000 38.00000000 USD 2026-07-20 XXXX 4735.69000000 N N N Restaurant Brands International Inc. 5299009RXTX9DN9AKJ98 QSR US 07/17/26 C75 SHORT N/A -227.00000000 NC USD -14755.00000000 -0.02713180973 N/A DE US N 1 QSR US 07/17/26 C75 N/A Call Written Restaurant Brands International Inc. QSR Call 75 Jul 2026 -22700.00000000 75.00000000 USD 2026-07-20 XXXX 8189.02000000 N N N QUALCOMM INCORPORATED H1J8DDZKZP6H7RWC0H53 QUALCOMM INC COMMON STOCK 747525103 8038.00000000 NS USD 1485342.02000000 2.731278690962 Long EC US N 1 N N N Restaurant Brands International Inc. 5299009RXTX9DN9AKJ98 RESTAURANT BRANDS INTERN COMMON STOCK 76131D103 22709.00000000 NS USD 1646629.59000000 3.027857726044 Long EC US N 1 N N N SMURFIT WESTROCK PUBLIC LIMITED COMPANY 635400EGSEOPDW2EXS14 SMURFIT WESTROCK PLC COMMON STOCK G8267P108 22097.00000000 NS USD 1022207.22000000 1.879656510178 Long EC US N 1 N N N SMURFIT WESTROCK PUBLIC LIMITED COMPANY 635400EGSEOPDW2EXS14 SW US 07/17/26 C50 SHORT 45599B6K8 -220.00000000 NC USD -8800.00000000 -0.01618162830 N/A DE US N 1 SW US 07/17/26 C50 N/A Call Written SMURFIT WESTROCK PUBLIC LIMITED COMPANY SW Call 50 Jul 2026 -22000.00000000 50.00000000 USD 2026-07-20 XXXX 77.76000000 N N N SYSCO CORPORATION 5RGWIFLMGH3YS7KWI652 SYSCO CORP COMMON STOCK 871829107 23849.00000000 NS USD 1993299.42000000 3.665321627778 Long EC US N 1 N N N Truist Financial Corporation 549300DRQQI75D2JP341 TFC US 07/17/26 C52.5 SHORT N/A -180.00000000 NC USD -6300.00000000 -0.01158457481 N/A DE US N 1 TFC US 07/17/26 C52.5 N/A Call Written Truist Financial Corporation TFC Call 52.5 Jul 2026 -18000.00000000 52.50000000 USD 2026-07-20 XXXX 3626.65000000 N N N Truist Financial Corporation 549300DRQQI75D2JP341 TRUIST FINANCIAL CORP COMMON STOCK 89832Q109 35848.00000000 NS USD 1785947.36000000 3.284038222758 Long EC US N 1 N N N UNION PACIFIC CORPORATION 549300LMMRSZZCZ8CL11 UNION PACIFIC CORP COMMON STOCK 907818108 4387.00000000 NS USD 1193264.00000000 2.194199377657 Long EC US N 1 N N N UNITED PARCEL SERVICE, INC. D01LMJZU09ULLNCY6Z23 UNITED PARCEL SERVICE-CL B COMMON STOCK 911312106 14043.00000000 NS USD 1509622.50000000 2.775926157160 Long EC US N 1 N N N UNITEDHEALTH GROUP INCORPORATED 549300GHBMY8T5GXDE41 UNITEDHEALTH GROUP INC COMMON STOCK 91324P102 5264.00000000 NS USD 2187876.32000000 4.023113795216 Long EC US N 1 N N N UNITED PARCEL SERVICE, INC. D01LMJZU09ULLNCY6Z23 UPS US 07/17/26 C114 SHORT N/A -140.00000000 NC USD -6300.00000000 -0.01158457481 N/A DE US N 1 UPS US 07/17/26 C114 N/A Call Written UNITED PARCEL SERVICE, INC. UPS Call 114 Jul 2026 -14000.00000000 114.00000000 USD 2026-07-20 XXXX 8012.89000000 N N N VERIZON COMMUNICATIONS INC. 2S72QS2UO2OESLG6Y829 VERIZON COMMUNICATIONS INC COMMON STOCK 92343V104 33458.00000000 NS USD 1416611.72000000 2.604895944574 Long EC US N 1 N N N VICI PROPERTIES INC. 254900RKH6RY9KCJQH63 VICI PROPERTIES INC REIT 925652109 69260.00000000 NS USD 1838853.00000000 3.381322245709 Long EC US N 1 N N N 2026-06-30 THE ADVISORS' INNER CIRCLE FUND II Andrew Metzger Andrew Metzger Treasurer, Controller and Chief Financial Officer XXXX