# EDGAR Filing Document

**Accession Number:** 0000878719
**File Stem:** 0001752724-25-158135
**Filing Date:** 2025-6
**Character Count:** 51627
**Document Hash:** 47d41ac11ced068d72fb4c7fbf0571bb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-158135.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-158135

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ADVISORS' INNER CIRCLE FUND
- **CENTRAL INDEX KEY:** 0000878719

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06400
- **FILM NUMBER:** 251077239

**BUSINESS ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19087
- **BUSINESS PHONE:** 8009327781

**MAIL ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19087

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ADVISORS INNER CIRCLE FUND
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### LSV VALUE EQUITY FUND (Series ID: S000006448)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000017646 | Institutional Class Shares | LSVEX           |
| C000142889 | Investor Class Shares      | LVAEX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ADVISORS' INNER CIRCLE FUND

- **b. Investment Company Act file number:** 811-06400

- **c. CIK number of Registrant:** 0000878719

- **d. LEI of Registrant:** 549300LRWL70Z8CGWD77

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** ONE FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8774463863

**Item A.2. Information about the Series.**

- **a. Name of Series:** LSV Value Equity Fund

- **b. EDGAR series identifier (if any):** S000006448

- **c. LEI of Series:** 549300CRMW68A32OZG24

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1126520712.71

**Total Liabilities:** $809288.30

**Net Assets:** $1125711424.41

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017646 | -3.21%               | -3.54%               | -0.26%               |
| Class ID C000142889 | -3.27%               | -3.52%               | -0.26%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $13584498.12             | $-56384836.79                              |
| Month 2  | $14410091.94             | $-62826383.18                              |
| Month 3  | $10271129.60             | $-15691677.40                              |

### Schedule of Portfolio Investments

| Name                                        | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| META PLATFORMS, INC.                        | META PLATFORMS INC COMMON STOCK               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               |  | US        |     12900 | NS      | $7082100.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| VOYA FINANCIAL, INC.                        | VOYA FINANCIAL INC COMMON STOCK               | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               |  | US        |     65500 | NS      | $3877600.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION | INTL BUSINESS MACHINES CORP COMMON STOCK      | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               |  | US        |     12700 | NS      | $3071114.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| RYDER SYSTEM, INC.                          | RYDER SYSTEM INC COMMON STOCK                 | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               |  | US        |     73300 | NS      | $10091211.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| LINCOLN NATIONAL CORPORATION                | LINCOLN NATIONAL CORP COMMON STOCK            | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               |  | US        |    102200 | NS      | $3257114.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular, Inc.                               | POPULAR INC COMMON STOCK                      | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               |  | US        |     31000 | NS      | $2958020.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BORGWARNER INC.                             | BORGWARNER INC COMMON STOCK                   | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               |  | US        |    203800 | NS      | $5783844.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIRLINES HOLDINGS, INC.              | UNITED AIRLINES HOLDINGS INC COMMON STOCK     | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               |  | US        |     75700 | NS      | $5209674.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY          | HEWLETT PACKARD ENTERPRISE COMMON STOCK       | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               |  | US        |    587300 | NS      | $9526006.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| ORGANON & CO.                               | ORGANON & CO COMMON STOCK                     | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               |  | US        |    257700 | NS      | $3332061.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                             | BUNGE GLOBAL SA COMMON STOCK                  | CUSIP: H11356104<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               |  | US        |     86200 | NS      | $6785664.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| TRI POINTE HOMES, INC.                      | TRI POINTE HOMES INC COMMON STOCK             | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               |  | US        |    241100 | NS      | $7413825.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| PIEDMONT OFFICE REALTY TRUST, INC.          | PIEDMONT OFFICE REALTY TRU-A REIT             | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               |  | US        |    201400 | NS      | $1190274.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SNAP-ON INCORPORATED                        | SNAP-ON INC COMMON STOCK                      | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               |  | US        |     12800 | NS      | $4016768.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ARROW ELECTRONICS, INC.                     | ARROW ELECTRONICS INC COMMON STOCK            | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               |  | US        |     84600 | NS      | $9421056.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                                 | PHILLIPS 66 COMMON STOCK                      | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               |  | US        |     72200 | NS      | $7513132.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN AIRLINES GROUP INC.                | AMERICAN AIRLINES GROUP INC COMMON STOCK      | CUSIP: 02376R102<br>LEI: N/A                  | Long             | EC               |  | US        |    123000 | NS      | $1223850.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation     | BANK OF NEW YORK MELLON CORP COMMON STOCK     | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               |  | US        |    223900 | NS      | $18003799.00  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| THE WESTERN UNION COMPANY                   | WESTERN UNION CO COMMON STOCK                 | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               |  | US        |    577400 | NS      | $5722034.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group, Ltd.                         | EVEREST GROUP LTD COMMON STOCK                | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               |  | US        |     24100 | NS      | $8647803.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION                         | COMCAST CORP-CLASS A COMMON STOCK             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               |  | US        |    593000 | NS      | $20280600.00  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CAMPBELL'S COMPANY                      | THE CAMPBELL'S COMPANY COMMON STOCK           | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               |  | US        |    208200 | NS      | $7590972.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE, INC.                               | METLIFE INC COMMON STOCK                      | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               |  | US        |     61800 | NS      | $4657866.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| HELMERICH & PAYNE, INC.                     | HELMERICH & PAYNE COMMON STOCK                | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               |  | US        |    100800 | NS      | $1904112.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.              | CITIZENS FINANCIAL GROUP COMMON STOCK         | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               |  | US        |    205900 | NS      | $7595651.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| FLEX LTD.                                   | FLEX LTD COMMON STOCK                         | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               |  | US        |    239100 | NS      | $8210694.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY, INC.                            | NRG ENERGY INC COMMON STOCK                   | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               |  | US        |    139000 | NS      | $15231620.00  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORPORATION                   | VALERO ENERGY CORP COMMON STOCK               | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               |  | US        |     57500 | NS      | $6675175.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                 | PFIZER INC COMMON STOCK                       | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               |  | US        |    418400 | NS      | $10213144.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| JACKSON FINANCIAL INC.                      | JACKSON FINANCIAL INC-A COMMON STOCK          | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               |  | US        |     43300 | NS      | $3373503.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH, INC.                       | CARDINAL HEALTH INC COMMON STOCK              | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               |  | US        |     28600 | NS      | $4040894.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CIGNA GROUP                             | THE CIGNA GROUP COMMON STOCK                  | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               |  | US        |     33100 | NS      | $11255324.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                      | CVS HEALTH CORP COMMON STOCK                  | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               |  | US        |    198700 | NS      | $13255277.00  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HIGHWOODS PROPERTIES, INC.                  | HIGHWOODS PROPERTIES INC REIT                 | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               |  | US        |    140300 | NS      | $3990132.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAPHIC PACKAGING HOLDING COMPANY           | GRAPHIC PACKAGING HOLDING CO COMMON STOCK     | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               |  | US        |    173800 | NS      | $4398878.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| DAVITA INC.                                 | DAVITA INC COMMON STOCK                       | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               |  | US        |     28300 | NS      | $4005865.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings, Inc.                    | ENERGIZER HOLDINGS INC COMMON STOCK           | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               |  | US        |    166400 | NS      | $4499456.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Limited                              | AMDOCS LTD COMMON STOCK                       | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               |  | US        |     90500 | NS      | $8016490.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| DICK'S SPORTING GOODS, INC.                 | DICK'S SPORTING GOODS INC COMMON STOCK        | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               |  | US        |     20100 | NS      | $3773574.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLSON COORS BEVERAGE COMPANY               | MOLSON COORS BEVERAGE CO - B COMMON STOCK     | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               |  | US        |    204300 | NS      | $11753379.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GROUP 1 AUTOMOTIVE, INC.                    | GROUP 1 AUTOMOTIVE INC COMMON STOCK           | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               |  | US        |      8700 | NS      | $3511581.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                 | VERIZON COMMUNICATIONS INC COMMON STOCK       | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               |  | US        |    435600 | NS      | $19192536.00  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                              | CONOCOPHILLIPS COMMON STOCK                   | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               |  | US        |     74179 | NS      | $6610832.48   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                 | LOCKHEED MARTIN CORP COMMON STOCK             | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               |  | US        |     28100 | NS      | $13424775.00  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG SYSTEMS INTERNATIONAL, INC.             | CSG SYSTEMS INTL INC COMMON STOCK             | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               |  | US        |     90300 | NS      | $5429739.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.               | GOLDMAN SACHS GROUP INC COMMON STOCK          | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               |  | US        |     26400 | NS      | $14455320.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HOLDINGS, INC.         | ALLISON TRANSMISSION HOLDING COMMON STOCK     | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               |  | US        |    121700 | NS      | $11225608.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP, INC.          | AMERICAN INTERNATIONAL GROUP COMMON STOCK     | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               |  | US        |    133100 | NS      | $10850312.00  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION               | REGIONS FINANCIAL CORP COMMON STOCK           | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               |  | US        |    336800 | NS      | $6874088.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| DROPBOX, INC.                               | DROPBOX INC-CLASS A COMMON STOCK              | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               |  | US        |    238000 | NS      | $6794900.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINANCIAL INC.                         | ALLY FINANCIAL INC COMMON STOCK               | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               |  | US        |    148800 | NS      | $4859808.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO FINANCIAL GROUP, INC.                   | CNO FINANCIAL GROUP INC COMMON STOCK          | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               |  | US        |    188600 | NS      | $7155484.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTENE CORPORATION                         | CENTENE CORP COMMON STOCK                     | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               |  | US        |    186000 | NS      | $11132100.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYPAL HOLDINGS, INC.                       | PAYPAL HOLDINGS INC COMMON STOCK              | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               |  | US        |    199600 | NS      | $13141664.00  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES, INC.                         | EOG RESOURCES INC COMMON STOCK                | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               |  | US        |     33370 | NS      | $3681712.10   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| VICTORY CAPITAL HOLDINGS, INC.              | VICTORY CAPITAL HOLDING - A COMMON STOCK      | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               |  | US        |    104700 | NS      | $5998263.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| INCYTE CORPORATION                          | INCYTE CORP COMMON STOCK                      | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               |  | US        |    122300 | NS      | $7663318.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC.                                | CUMMINS INC COMMON STOCK                      | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               |  | US        |     39800 | NS      | $11694832.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| VIATRIS INC.                                | VIATRIS INC COMMON STOCK                      | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               |  | US        |    367500 | NS      | $3094350.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST HORIZON CORPORATION                   | FIRST HORIZON CORP COMMON STOCK               | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               |  | US        |    542100 | NS      | $9801168.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR INC                                  | PACCAR INC COMMON STOCK                       | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               |  | US        |     33700 | NS      | $3040077.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                          | ALTRIA GROUP INC COMMON STOCK                 | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               |  | US        |    257000 | NS      | $15201550.00  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| WHIRLPOOL CORPORATION                       | WHIRLPOOL CORP COMMON STOCK                   | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               |  | US        |     38300 | NS      | $2921524.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CONAGRA BRANDS, INC.                        | CONAGRA BRANDS INC COMMON STOCK               | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               |  | US        |    126800 | NS      | $3133228.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXSTAR MEDIA GROUP, INC.                   | Nexstar Media Group Inc COMMON STOCK          | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               |  | US        |     27100 | NS      | $4055786.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HARTFORD INSURANCE GROUP, INC.          | HARTFORD INSURANCE GROUP INC/THE COMMON STOCK | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               |  | US        |    107600 | NS      | $13199292.00  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MCKESSON CORPORATION                        | MCKESSON CORP COMMON STOCK                    | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               |  | US        |      5300 | NS      | $3777787.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA HEALTHCARE, INC.                        | HCA HEALTHCARE INC COMMON STOCK               | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               |  | US        |     28400 | NS      | $9800272.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| AMKOR TECHNOLOGY, INC.                      | AMKOR TECHNOLOGY INC COMMON STOCK             | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               |  | US        |    170400 | NS      | $2973480.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC TECHNOLOGY COMPANY                      | DXC TECHNOLOGY CO COMMON STOCK                | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               |  | US        |    207400 | NS      | $3218848.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO CORPORATION                            | AGCO CORP COMMON STOCK                        | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               |  | US        |     59300 | NS      | $5030419.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KRAFT HEINZ COMPANY                     | KRAFT HEINZ CO/THE COMMON STOCK               | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               |  | US        |    410800 | NS      | $11954280.00  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UPBOUND GROUP, INC.                         | UPBOUND GROUP INC COMMON STOCK                | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               |  | US        |    134100 | NS      | $2668590.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MILLS, INC.                         | GENERAL MILLS INC COMMON STOCK                | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               |  | US        |    135100 | NS      | $7665574.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION  | ZIONS BANCORP NA COMMON STOCK                 | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               |  | US        |    104000 | NS      | $4676880.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                 | WESTERN DIGITAL CORP COMMON STOCK             | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               |  | US        |     77300 | NS      | $3390378.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DELL TECHNOLOGIES INC.                      | DELL TECHNOLOGIES -C COMMON STOCK             | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               |  | US        |    108600 | NS      | $9965136.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CIRRUS LOGIC, INC.                          | CIRRUS LOGIC INC COMMON STOCK                 | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               |  | US        |     52600 | NS      | $5051704.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED                       | QUALCOMM INC COMMON STOCK                     | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               |  | US        |     86800 | NS      | $12886328.00  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                     | EXXON MOBIL CORP COMMON STOCK                 | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               |  | US        |    124500 | NS      | $13150935.00  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PRICESMART, INC.                            | PRICESMART INC COMMON STOCK                   | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               |  | US        |     40100 | NS      | $4069749.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELIXIS, INC.                              | EXELIXIS INC COMMON STOCK                     | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               |  | US        |    165900 | NS      | $6494985.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| AFLAC INCORPORATED                          | AFLAC INC COMMON STOCK                        | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               |  | US        |     30700 | NS      | $3336476.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                              | CITIGROUP INC COMMON STOCK                    | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               |  | US        |    300500 | NS      | $20548190.00  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC.                                   | AT&T INC COMMON STOCK                         | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               |  | US        |    697500 | NS      | $19320750.00  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| DISCOVER FINANCIAL SERVICES                 | DISCOVER FINANCIAL SERVICES COMMON STOCK      | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               |  | US        |     26000 | NS      | $4749420.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| HALLIBURTON COMPANY                         | HALLIBURTON CO COMMON STOCK                   | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               |  | US        |    264900 | NS      | $5250318.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY                          | FORD MOTOR CO COMMON STOCK                    | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               |  | US        |    476300 | NS      | $4767763.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA INC.                                  | TEGNA INC COMMON STOCK                        | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               |  | US        |    206400 | NS      | $3349872.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| HP INC.                                     | HP INC COMMON STOCK                           | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               |  | US        |    464000 | NS      | $11864480.00  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORPORATION                    | STATE STREET CORP COMMON STOCK                | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               |  | US        |    206600 | NS      | $18201460.00  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS COMPANY                      | GENERAL MOTORS CO COMMON STOCK                | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               |  | US        |    249500 | NS      | $11287380.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDISK CORPORATION                         | SANDISK CORP COMMON STOCK                     | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               |  | US        |     25766 | NS      | $827346.26    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MUELLER INDUSTRIES, INC.                    | MUELLER INDUSTRIES INC COMMON STOCK           | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               |  | US        |     79400 | NS      | $5840664.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| STEEL DYNAMICS, INC.                        | STEEL DYNAMICS INC COMMON STOCK               | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               |  | US        |     80900 | NS      | $10493539.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                       | GILEAD SCIENCES INC COMMON STOCK              | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               |  | US        |    154300 | NS      | $16439122.00  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXTRON INC.                                | TEXTRON INC COMMON STOCK                      | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               |  | US        |    172910 | NS      | $12167676.70  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JABIL INC.                                  | JABIL INC COMMON STOCK                        | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               |  | US        |     52100 | NS      | $7635776.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| THE BRINK'S COMPANY                         | BRINK'S CO/THE COMMON STOCK                   | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               |  | US        |     44100 | NS      | $3935484.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| PLAYTIKA HOLDING CORP.                      | PLAYTIKA HOLDING CORP COMMON STOCK            | CUSIP: 72815L107<br>LEI: 254900E35Z4TKA4UFG64 | Long             | EC               |  | US        |    338246 | NS      | $1782556.42   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE OWL CAPITAL CORPORATION                | BLUE OWL CAPITAL CORP COMMON STOCK            | CUSIP: 69121K104<br>LEI: 2549000BD79OOCPF2L94 | Long             | EC               |  | US        |    276600 | NS      | $3875166.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewell Personal Care Company              | EDGEWELL PERSONAL CARE CO COMMON STOCK        | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               |  | US        |    130600 | NS      | $3989830.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                       | WELLS FARGO & CO COMMON STOCK                 | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               |  | US        |    322400 | NS      | $22893624.00  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM RESORTS INTERNATIONAL                   | MGM RESORTS INTERNATIONAL COMMON STOCK        | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               |  | US        |    106200 | NS      | $3341052.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYWORKS SOLUTIONS, INC.                    | SKYWORKS SOLUTIONS INC COMMON STOCK           | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               |  | US        |     47900 | NS      | $3079012.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX CORPORATION                       | TD SYNNEX CORP COMMON STOCK                   | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               |  | US        |     45070 | NS      | $4993756.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS, INC.                     | APPLIED MATERIALS INC COMMON STOCK            | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               |  | US        |     24800 | NS      | $3737608.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIPRISE FINANCIAL, INC.                  | AMERIPRISE FINANCIAL INC COMMON STOCK         | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               |  | US        |      6200 | NS      | $2920324.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETROLEUM CORPORATION              | MARATHON PETROLEUM CORP COMMON STOCK          | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               |  | US        |     63800 | NS      | $8766758.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORPORATION                             | FOX CORP - CLASS A COMMON STOCK               | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               |  | US        |    203000 | NS      | $10107370.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| PULTEGROUP, INC.                            | PULTEGROUP INC COMMON STOCK                   | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               |  | US        |    119800 | NS      | $12289084.00  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA AIR LINES, INC.                       | DELTA AIR LINES INC COMMON STOCK              | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               |  | US        |    104800 | NS      | $4362824.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI CORPORATION                             | UGI CORP COMMON STOCK                         | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               |  | US        |    306300 | NS      | $10043577.00  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD REPUBLIC INTERNATIONAL CORPORATION      | OLD REPUBLIC INTL CORP COMMON STOCK           | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               |  | US        |     93000 | NS      | $3496800.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORPORATION                           | FEDEX CORP COMMON STOCK                       | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               |  | US        |     48600 | NS      | $10222038.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                         | LSV TRI-PARTY REPO MORGAN STANLEY             | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               |  | US        |   4459544 | PA      | $4459544.01   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS, INC.                         | CISCO SYSTEMS INC COMMON STOCK                | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               |  | US        |    282400 | NS      | $16302952.00  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL HEALTH SERVICES, INC.             | UNIVERSAL HEALTH SERVICES-B COMMON STOCK      | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               |  | US        |     29400 | NS      | $5205858.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED THERAPEUTICS CORPORATION             | UNITED THERAPEUTICS CORP COMMON STOCK         | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               |  | US        |     31900 | NS      | $9668571.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY OIL CORPORATION                      | MURPHY OIL CORP COMMON STOCK                  | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               |  | US        |    135800 | NS      | $2787974.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON INGALLS INDUSTRIES, INC.         | HUNTINGTON INGALLS INDUSTRIE COMMON STOCK     | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               |  | US        |     11100 | NS      | $2556774.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| EBAY INC.                                   | EBAY INC COMMON STOCK                         | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               |  | US        |    190700 | NS      | $12998112.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC INVESTMENT CORPORATION                 | MGIC INVESTMENT CORP COMMON STOCK             | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               |  | US        |    374900 | NS      | $9338759.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corporation                       | NEWMARKET CORP COMMON STOCK                   | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               |  | US        |      7300 | NS      | $4491690.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| MACY'S, INC.                                | MACY'S INC COMMON STOCK                       | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               |  | US        |    198700 | NS      | $2269154.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AMCOR PLC                                   | AMCOR PLC COMMON STOCK                        | CUSIP: G0250X107<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               |  | US        |    445150 | NS      | $4095380.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| INGREDION INCORPORATED                      | INGREDION INC COMMON STOCK                    | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               |  | US        |     79200 | NS      | $10519344.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| HOST HOTELS & RESORTS, INC.                 | HOST HOTELS & RESORTS INC REIT                | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               |  | US        |    396700 | NS      | $5601404.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| H & R BLOCK, INC.                           | H&R BLOCK INC COMMON STOCK                    | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               |  | US        |    110700 | NS      | $6682959.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial N.V.                         | CNH INDUSTRIAL NV COMMON STOCK                | CUSIP: N20944109<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               |  | US        |    679000 | NS      | $7856030.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| BAXTER INTERNATIONAL INC.                   | BAXTER INTERNATIONAL INC COMMON STOCK         | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               |  | US        |    137100 | NS      | $4273407.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH CORP.                                   | PVH CORP COMMON STOCK                         | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               |  | US        |     57300 | NS      | $3952554.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                     | BRISTOL-MYERS SQUIBB CO COMMON STOCK          | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               |  | US        |    323400 | NS      | $16234680.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                           | MERCK & CO. INC. COMMON STOCK                 | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               |  | US        |    189500 | NS      | $16145400.00  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| SIRIUS XM HOLDINGS INC.                     | SIRIUS XM HOLDINGS INC COMMON STOCK           | CUSIP: 829933100<br>LEI: N/A                  | Long             | EC               |  | US        |    193200 | NS      | $4138344.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                 | BANK OF AMERICA CORP COMMON STOCK             | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               |  | US        |    170000 | NS      | $6779600.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| GMS INC.                                    | GMS INC COMMON STOCK                          | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               |  | US        |     40100 | NS      | $2937726.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| GEN DIGITAL INC.                            | GEN DIGITAL INC COMMON STOCK                  | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               |  | US        |    286100 | NS      | $7401407.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| OWENS CORNING                               | OWENS CORNING COMMON STOCK                    | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               |  | US        |     57210 | NS      | $8318906.10   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIAN GROUP INC.                           | RADIAN GROUP INC COMMON STOCK                 | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               |  | US        |    256700 | NS      | $8198998.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTALEM GLOBAL EDUCATION INC.               | ADTALEM GLOBAL EDUCATION INC COMMON STOCK     | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               |  | US        |     36400 | NS      | $3865680.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| HF SINCLAIR CORPORATION                     | HF SINCLAIR CORP COMMON STOCK                 | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               |  | US        |    112900 | NS      | $3394903.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| OSHKOSH CORPORATION                         | OSHKOSH CORP COMMON STOCK                     | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               |  | US        |     32700 | NS      | $2738952.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| HARLEY-DAVIDSON, INC.                       | HARLEY-DAVIDSON INC COMMON STOCK              | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               |  | US        |    188800 | NS      | $4232896.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| JAZZ PHARMACEUTICALS PUBLIC LIMITED COMPANY | JAZZ PHARMACEUTICALS PLC COMMON STOCK         | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               |  | US        |     64400 | NS      | $7532224.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| COREBRIDGE FINANCIAL, INC.                  | COREBRIDGE FINANCIAL INC COMMON STOCK         | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               |  | US        |    249300 | NS      | $7386759.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                           | JOHNSON & JOHNSON COMMON STOCK                | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               |  | US        |    112500 | NS      | $17584875.00  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KROGER CO.                              | KROGER CO COMMON STOCK                        | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               |  | US        |    252800 | NS      | $18254688.00  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| APA CORPORATION                             | APA CORP COMMON STOCK                         | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               |  | US        |    185700 | NS      | $2885778.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-04-30

**Name of Applicant:** THE ADVISORS' INNER CIRCLE FUND

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

**Title:** Treasurer, Controller and Chief Financial Officer