# EDGAR Filing Document

**Accession Number:** 0000878719
**File Stem:** 0001752724-23-074253
**Filing Date:** 2023-3
**Character Count:** 104065
**Document Hash:** 849e8dcdb615b4fda9dc27ac92a7702f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-074253.hdr.sgml**: 20230330

**ACCESSION NUMBER**: 0001752724-23-074253

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230330

**DATE AS OF CHANGE**: 20230330

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ADVISORS' INNER CIRCLE FUND
- **CENTRAL INDEX KEY:** 0000878719
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06400
- **FILM NUMBER:** 23779792

**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 Small Cap Value Fund (Series ID: S000039922)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000123807 | Institutional Class Shares | LSVQX           |
| C000142891 | Investor Class Shares      | LVAQX           |

## Nport-Ex

January 31, 2023 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Common Stock (97.6%)** |  |  |  |
|  **Aerospace & Defense (0.9%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Moog, Cl A | 28900 | $| 2755 |
| &nbsp;&nbsp;&nbsp;&nbsp; V2X\* | 25900 |  | 1143 |
|  |  |  | 3898 |
|  **Agricultural Products (0.9%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Ingredion | 36900 |  | 3793 |
|  **Air Freight & Logistics (0.0%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Park-Ohio Holdings | 16500 |  | 219 |
|  **Aircraft (0.5%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Alaska Air Group\* | 43900 |  | 2254 |
|  **Apparel Retail (1.3%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Foot Locker | 43200 |  | 1880 |
| &nbsp;&nbsp;&nbsp;&nbsp; Genesco\* | 24300 |  | 1173 |
| &nbsp;&nbsp;&nbsp;&nbsp; Guess? | 60600 |  | 1404 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shoe Carnival | 45300 |  | 1237 |
|  |  |  | 5694 |
|  **Apparel, Accessories & Luxury Goods (1.2%)** | **Apparel, Accessories & Luxury Goods (1.2%)** | **Apparel, Accessories & Luxury Goods (1.2%)** | **Apparel, Accessories & Luxury Goods (1.2%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Carter's | 20600 |  | 1718 |
| &nbsp;&nbsp;&nbsp;&nbsp; G-III Apparel Group\* | 73334 |  | 1241 |
| &nbsp;&nbsp;&nbsp;&nbsp; PVH | 26600 |  | 2391 |
|  |  |  | 5350 |
|  **Apparel/Textiles (0.2%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Capri Holdings\* | 14500 |  | 964 |
|  **Asset Management & Custody Banks (3.0%)** | **Asset Management & Custody Banks (3.0%)** | **Asset Management & Custody Banks (3.0%)** | **Asset Management & Custody Banks (3.0%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Affiliated Managers Group | 11900 |  | 2056 |
| &nbsp;&nbsp;&nbsp;&nbsp; Carlyle Secured Lending | 80100 |  | 1205 |
| &nbsp;&nbsp;&nbsp;&nbsp; Federated Hermes, Cl B | 41400 |  | 1627 |
| &nbsp;&nbsp;&nbsp;&nbsp; FS KKR Capital | 84300 |  | 1657 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Mountain Finance | 132800 |  | 1716 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oaktree Specialty Lending | 92733 |  | 1855 |
| &nbsp;&nbsp;&nbsp;&nbsp; PennantPark Investment | 195900 |  | 1164 |
| &nbsp;&nbsp;&nbsp;&nbsp; Prospect Capital | 129300 |  | 970 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sixth Street Specialty Lending | 42100 |  | 806 |
|  |  |  | 13056 |
|  **Automotive (2.0%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; American Axle & Manufacturing Holdings\* | 177400 |  | 1574 |
| &nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber\* | 74800 |  | 841 |
| &nbsp;&nbsp;&nbsp;&nbsp; Modine Manufacturing\* | 101800 |  | 2432 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thor Industries | 21600 |  | 2059 |
| &nbsp;&nbsp;&nbsp;&nbsp; Winnebago Industries | 31300 |  | 1993 |
|  |  |  | 8899 |
|  **Automotive Retail (1.8%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; AutoNation\* | 12000 |  | 1521 |
| &nbsp;&nbsp;&nbsp;&nbsp; Group 1 Automotive | 11300 |  | 2416 |

---

---

| | | |
|:---|:---|:---|
| **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Automotive Retail (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Penske Automotive Group | 16200 | $2071 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sonic Automotive, Cl A | 36200 | 1944 |
|  |  | 7952 |
|  **Banks (12.0%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Associated Banc-Corp | 170700 | 3825 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank of NT Butterfield & Son | 35000 | 1119 |
| &nbsp;&nbsp;&nbsp;&nbsp; BankUnited | 45500 | 1713 |
| &nbsp;&nbsp;&nbsp;&nbsp; Camden National | 36762 | 1552 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cathay General Bancorp | 64550 | 2838 |
| &nbsp;&nbsp;&nbsp;&nbsp; Central Pacific Financial | 44828 | 1013 |
| &nbsp;&nbsp;&nbsp;&nbsp; Community Trust Bancorp | 17000 | 732 |
| &nbsp;&nbsp;&nbsp;&nbsp; Financial Institutions | 43990 | 1087 |
| &nbsp;&nbsp;&nbsp;&nbsp; First Busey | 53300 | 1272 |
| &nbsp;&nbsp;&nbsp;&nbsp; First Commonwealth Financial | 96600 | 1421 |
| &nbsp;&nbsp;&nbsp;&nbsp; Flushing Financial | 77000 | 1478 |
| &nbsp;&nbsp;&nbsp;&nbsp; FNB | 157400 | 2246 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fulton Financial | 139800 | 2339 |
| &nbsp;&nbsp;&nbsp;&nbsp; Great Southern Bancorp | 27200 | 1590 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hancock Whitney | 51600 | 2656 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hanmi Financial | 72400 | 1686 |
| &nbsp;&nbsp;&nbsp;&nbsp; HomeStreet | 55945 | 1542 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hope Bancorp | 181300 | 2337 |
| &nbsp;&nbsp;&nbsp;&nbsp; Horizon Bancorp | 65642 | 1027 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lakeland Bancorp | 6378 | 123 |
| &nbsp;&nbsp;&nbsp;&nbsp; OFG Bancorp | 111700 | 3162 |
| &nbsp;&nbsp;&nbsp;&nbsp; Old National Bancorp | 136600 | 2391 |
| &nbsp;&nbsp;&nbsp;&nbsp; Peoples Bancorp | 48605 | 1442 |
| &nbsp;&nbsp;&nbsp;&nbsp; Popular | 34000 | 2334 |
| &nbsp;&nbsp;&nbsp;&nbsp; Synovus Financial | 58600 | 2458 |
| &nbsp;&nbsp;&nbsp;&nbsp; Towne Bank | 35050 | 1068 |
| &nbsp;&nbsp;&nbsp;&nbsp; Washington Federal | 57900 | 2053 |
| &nbsp;&nbsp;&nbsp;&nbsp; WesBanco | 46300 | 1721 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zions Bancorp | 44600 | 2371 |
|  |  | 52596 |
|  **Biotechnology (2.8%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Catalyst Pharmaceuticals\* | 74900 | 1160 |
| &nbsp;&nbsp;&nbsp;&nbsp; Emergent BioSolutions\* | 34400 | 453 |
| &nbsp;&nbsp;&nbsp;&nbsp; Exelixis\* | 143119 | 2522 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ironwood Pharmaceuticals, Cl A\* | 339300 | 3909 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Therapeutics\* | 17000 | 4474 |
|  |  | 12518 |
|  **Broadcasting (0.9%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Audacy, Cl A\* | 354200 | 114 |
| &nbsp;&nbsp;&nbsp;&nbsp; Nexstar Media Group, Cl A | 19200 | 3931 |
|  |  | 4045 |
|  **Building & Construction (3.1%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; American Woodmark\* | 13500 | 773 |
| &nbsp;&nbsp;&nbsp;&nbsp; Apogee Enterprises | 35900 | 1682 |

---

------

January 31, 2023 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Building & Construction (continued)** | **Building & Construction (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Builders FirstSource\* | 14100 | $| 1124 |
| &nbsp;&nbsp;&nbsp;&nbsp; KB Home | 30100 |  | 1157 |
| &nbsp;&nbsp;&nbsp;&nbsp; MDC Holdings | 31700 |  | 1197 |
| &nbsp;&nbsp;&nbsp;&nbsp; Meritage Homes\* | 17200 |  | 1852 |
| &nbsp;&nbsp;&nbsp;&nbsp; Toll Brothers | 52300 |  | 3111 |
| &nbsp;&nbsp;&nbsp;&nbsp; TRI Pointe Homes\* | 115600 |  | 2554 |
|  |  |  | 13450 |
|  **Building Products (0.3%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Quanex Building Products | 58460 |  | 1514 |
|  **Cable & Satellite (0.1%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Altice USA, Cl A\* | 107800 |  | 528 |
|  **Chemicals (2.1%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; AdvanSix | 58200 |  | 2517 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chemours | 58900 |  | 2143 |
| &nbsp;&nbsp;&nbsp;&nbsp; Huntsman | 62700 |  | 1987 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ingevity\* | 29300 |  | 2415 |
|  |  |  | 9062 |
|  **Commercial Printing (0.6%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Deluxe | 33000 |  | 660 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ennis | 60900 |  | 1294 |
| &nbsp;&nbsp;&nbsp;&nbsp; Quad\* | 152000 |  | 670 |
|  |  |  | 2624 |
|  **Commercial Services (0.4%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; CSG Systems International | 29500 |  | 1760 |
|  **Commodity Chemicals (0.5%)** | **Commodity Chemicals (0.5%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Koppers Holdings | 40100 |  | 1388 |
| &nbsp;&nbsp;&nbsp;&nbsp; Tredegar | 49900 |  | 605 |
|  |  |  | 1993 |
|  **Construction & Engineering (1.4%)** | **Construction & Engineering (1.4%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; EMCOR Group | 10700 |  | 1586 |
| &nbsp;&nbsp;&nbsp;&nbsp; Primoris Services | 73200 |  | 1947 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sterling Infrastructure\* | 67100 |  | 2442 |
|  |  |  | 5975 |
|  **Consumer Products (0.2%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Johnson Outdoors, Cl A | 13475 |  | 923 |
|  **Data Processing & Outsourced Services (0.2%)** | **Data Processing & Outsourced Services (0.2%)** | **Data Processing & Outsourced Services (0.2%)** | **Data Processing & Outsourced Services (0.2%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; EVERTEC | 21700 |  | 802 |
|  **Department Stores (0.2%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Nordstrom | 57000 |  | 1114 |
|  **Diversified REITs (1.3%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; American Assets Trust | 42400 |  | 1207 |
| &nbsp;&nbsp;&nbsp;&nbsp; CTO Realty Growth | 101850 |  | 2000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Gladstone Commercial | 62100 |  | 1055 |

---

---

| | | | |
|:---|:---|:---|:---|
| **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Diversified REITs (continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Global Net Lease | 94300 | $| 1410 |
|  |  |  | 5672 |
|  **Electrical Components & Equipment (1.6%)** | **Electrical Components & Equipment (1.6%)** | **Electrical Components & Equipment (1.6%)** | **Electrical Components & Equipment (1.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Atkore International Group\* | 36600 |  | 4767 |
| &nbsp;&nbsp;&nbsp;&nbsp; Energizer Holdings | 61300 |  | 2274 |
|  |  |  | 7041 |
|  **Financial Services (2.0%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Arbor Realty Trust | 116631 |  | 1741 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lazard, Cl A | 61700 |  | 2473 |
| &nbsp;&nbsp;&nbsp;&nbsp; National Health Investors | 17100 |  | 1006 |
| &nbsp;&nbsp;&nbsp;&nbsp; Navient | 124700 |  | 2366 |
| &nbsp;&nbsp;&nbsp;&nbsp; Regional Management | 38100 |  | 1314 |
|  |  |  | 8900 |
|  **Food Distributors (0.7%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; SpartanNash | 40200 |  | 1274 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Natural Foods\* | 38400 |  | 1598 |
|  |  |  | 2872 |
|  **Food Retail (0.9%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Sprouts Farmers Market\* | 119900 |  | 3831 |
|  **Forest Products (0.8%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Louisiana-Pacific | 50600 |  | 3445 |
|  **Gas/Natural Gas (1.3%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; National Fuel Gas | 61200 |  | 3554 |
| &nbsp;&nbsp;&nbsp;&nbsp; UGI | 57500 |  | 2290 |
|  |  |  | 5844 |
|  **Health Care Distributors (0.5%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Patterson | 69100 |  | 2086 |
|  **Health Care Facilities (0.9%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Select Medical Holdings | 130200 |  | 3785 |
|  **Health Care REITs (0.6%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial Logistics Properties Trust | 85200 |  | 376 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sabra Health Care | 175900 |  | 2374 |
|  |  |  | 2750 |
|  **Health Care Services (0.3%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; AMN Healthcare Services\* | 12521 |  | 1200 |
|  **Health Care Technology (0.2%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Computer Programs and Systems\* | 35100 |  | 1031 |
|  **Homefurnishing Retail (0.5%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Aaron's | 31336 |  | 459 |
| &nbsp;&nbsp;&nbsp;&nbsp; Haverty Furniture | 49300 |  | 1722 |
|  |  |  | 2181 |

---

------

January 31, 2023 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Hotel & Resort REITs (0.7%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Apple Hospitality | 147700 | $| 2619 |
| &nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust | 65100 |  | 580 |
|  |  |  | 3199 |
|  **Hotels, Resorts & Cruise Lines (0.3%)** | **Hotels, Resorts & Cruise Lines (0.3%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Marriott Vacations Worldwide | 8150 |  | 1304 |
|  **Household Products, Furniture & Fixtures (0.4%)** | **Household Products, Furniture & Fixtures (0.4%)** | **Household Products, Furniture & Fixtures (0.4%)** | **Household Products, Furniture & Fixtures (0.4%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Ethan Allen Interiors | 68900 |  | 1980 |
|  **Human Resource & Employment Services (0.3%)** | **Human Resource & Employment Services (0.3%)** | **Human Resource & Employment Services (0.3%)** | **Human Resource & Employment Services (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Kelly Services, Cl A | 64600 |  | 1169 |
|  **Industrial Machinery (1.4%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Crane Holdings | 14000 |  | 1623 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hillenbrand | 66200 |  | 3102 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mueller Industries | 19521 |  | 1279 |
|  |  |  | 6004 |
|  **Industrial REITs (0.3%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Plymouth Industrial REIT | 51000 |  | 1141 |
|  **Insurance (4.5%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; American Equity Investment |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Life Holding | 58200 |  | 2773 |
| &nbsp;&nbsp;&nbsp;&nbsp; American Financial Group | 12546 |  | 1789 |
| &nbsp;&nbsp;&nbsp;&nbsp; Axis Capital Holdings | 53400 |  | 3341 |
| &nbsp;&nbsp;&nbsp;&nbsp; Brighthouse Financial\* | 23078 |  | 1299 |
| &nbsp;&nbsp;&nbsp;&nbsp; CNO Financial Group | 201500 |  | 5191 |
| &nbsp;&nbsp;&nbsp;&nbsp; Genworth Financial, Cl A\* | 231200 |  | 1276 |
| &nbsp;&nbsp;&nbsp;&nbsp; MGIC Investment | 176400 |  | 2491 |
| &nbsp;&nbsp;&nbsp;&nbsp; Universal Insurance Holdings | 113500 |  | 1446 |
|  |  |  | 19606 |
|  **Internet & Direct Marketing Retail (0.1%)** | **Internet & Direct Marketing Retail (0.1%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Qurate Retail\* | 143500 |  | 370 |
|  **Investment Banking & Brokerage (0.2%)** | **Investment Banking & Brokerage (0.2%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; B Riley Financial | 19300 |  | 825 |
|  **IT Consulting & Other Services (0.2%)** | **IT Consulting & Other Services (0.2%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Information Services Group | 182750 |  | 958 |
|  **Leasing & Renting (1.6%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Textainer Group Holdings | 87400 |  | 2963 |
| &nbsp;&nbsp;&nbsp;&nbsp; Triton International | 58600 |  | 4139 |
|  |  |  | 7102 |
|  **Leisure Products (0.2%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Smith & Wesson Brands | 84200 |  | 933 |
|  **Machinery (1.4%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; AGCO | 23200 |  | 3205 |
| &nbsp;&nbsp;&nbsp;&nbsp; Timken | 21600 |  | 1779 |

---

---

| | | |
|:---|:---|:---|
| **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Machinery (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Wabash National | 48685 | $1254 |
|  |  | 6238 |
|  **Media & Entertainment (0.8%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; AMC Networks, Cl A\* | 49300 | 913 |
| &nbsp;&nbsp;&nbsp;&nbsp; TEGNA | 125800 | 2507 |
|  |  | 3420 |
|  **Metal & Glass Containers (1.9%)** | **Metal & Glass Containers (1.9%)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Greif, Cl A | 49900 | 3565 |
| &nbsp;&nbsp;&nbsp;&nbsp; O-I Glass, Cl I\* | 130300 | 2508 |
| &nbsp;&nbsp;&nbsp;&nbsp; Silgan Holdings | 38800 | 2091 |
|  |  | 8164 |
|  **Mortgage REITs (1.2%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Apollo Commercial Real Estate Finance | 54100 | 658 |
| &nbsp;&nbsp;&nbsp;&nbsp; MFA Financial | 84325 | 1003 |
| &nbsp;&nbsp;&nbsp;&nbsp; Redwood Trust | 178500 | 1492 |
| &nbsp;&nbsp;&nbsp;&nbsp; Rithm Capital | 216400 | 2036 |
| &nbsp;&nbsp;&nbsp;&nbsp; Western Asset Mortgage Capital | 14170 | 160 |
|  |  | 5349 |
|  **Motorcycle Manufacturers (0.5%)** | **Motorcycle Manufacturers (0.5%)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Harley-Davidson | 52100 | 2398 |
|  **Office Equipment (0.3%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; ACCO Brands | 190900 | 1212 |
|  **Office REITs (0.8%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Brandywine Realty Trust | 129200 | 848 |
| &nbsp;&nbsp;&nbsp;&nbsp; City Office REIT | 130200 | 1281 |
| &nbsp;&nbsp;&nbsp;&nbsp; Franklin Street Properties | 190100 | 586 |
| &nbsp;&nbsp;&nbsp;&nbsp; Office Properties Income Trust | 58300 | 1000 |
|  |  | 3715 |
|  **Oil & Gas Equipment & Services (0.1%)** | **Oil & Gas Equipment & Services (0.1%)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Bristow Group\* | 10600 | 324 |
|  **Oil & Gas Exploration & Production (2.3%)** | **Oil & Gas Exploration & Production (2.3%)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; California Resources | 13300 | 568 |
| &nbsp;&nbsp;&nbsp;&nbsp; Civitas Resources | 33700 | 2243 |
| &nbsp;&nbsp;&nbsp;&nbsp; Matador Resources | 43000 | 2845 |
| &nbsp;&nbsp;&nbsp;&nbsp; PDC Energy | 65000 | 4402 |
|  |  | 10058 |
|  **Oil & Gas Refining & Marketing (0.9%)** | **Oil & Gas Refining & Marketing (0.9%)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; HF Sinclair | 69900 | 3977 |
|  **Oil & Gas Storage & Transportation (0.4%)** | **Oil & Gas Storage & Transportation (0.4%)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; SFL | 158500 | 1614 |
|  **Petroleum & Fuel Products (1.7%)** | **Petroleum & Fuel Products (1.7%)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Murphy Oil | 54400 | 2372 |

---

------

January 31, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Petroleum & Fuel Products (continued)** | **Petroleum & Fuel Products (continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; W&T Offshore\* | 586000 | $3645 |
| &nbsp;&nbsp;&nbsp;&nbsp; World Fuel Services | 51331 | 1453 |
|  |  | 7470 |
|  **Pharmaceuticals (1.9%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Amneal Pharmaceuticals\* | 272500 | 599 |
| &nbsp;&nbsp;&nbsp;&nbsp; Innoviva\* | 73900 | 935 |
| &nbsp;&nbsp;&nbsp;&nbsp; Organon | 84400 | 2543 |
| &nbsp;&nbsp;&nbsp;&nbsp; Prestige Consumer Healthcare\* | 63900 | 4202 |
|  |  | 8279 |
|  **Property & Casualty Insurance (0.8%)** | **Property & Casualty Insurance (0.8%)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; First American Financial | 57200 | 3539 |
|  **Regional Banks (2.1%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank OZK | 46400 | 2119 |
| &nbsp;&nbsp;&nbsp;&nbsp; Brookline Bancorp | 87100 | 1139 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dime Community Bancshares | 62200 | 1855 |
| &nbsp;&nbsp;&nbsp;&nbsp; First BanCorp | 139442 | 1876 |
| &nbsp;&nbsp;&nbsp;&nbsp; First Financial | 19920 | 895 |
| &nbsp;&nbsp;&nbsp;&nbsp; QCR Holdings | 28300 | 1487 |
|  |  | 9371 |
|  **Reinsurance (0.6%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; RenaissanceRe Holdings | 12700 | 2485 |
|  **Restaurants (0.3%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dine Brands Global | 18400 | 1423 |
|  **Retail (2.4%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Bloomin' Brands | 97600 | 2367 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dick's Sporting Goods | 19000 | 2485 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ingles Markets, Cl A | 28400 | 2698 |
| &nbsp;&nbsp;&nbsp;&nbsp; Kohl's | 48200 | 1560 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sally Beauty Holdings\* | 80000 | 1246 |
|  |  | 10356 |
|  **Retail REITs (1.2%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Necessity Retail REIT | 178600 | 1220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Tanger Factory Outlet Centers | 137800 | 2633 |
| &nbsp;&nbsp;&nbsp;&nbsp; Urstadt Biddle Properties, Cl A | 71600 | 1345 |
|  |  | 5198 |
|  **Rubber & Plastic (0.1%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Tupperware Brands\* | 68910 | 305 |
|  **Semi-Conductors/Instruments (6.5%)** | **Semi-Conductors/Instruments (6.5%)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Amkor Technology | 193900 | 5673 |
| &nbsp;&nbsp;&nbsp;&nbsp; Axcelis Technologies\* | 19700 | 2166 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cirrus Logic\* | 22500 | 2034 |
| &nbsp;&nbsp;&nbsp;&nbsp; Diodes\* | 10000 | 892 |
| &nbsp;&nbsp;&nbsp;&nbsp; Jabil | 31500 | 2477 |

---

---

| | | | |
|:---|:---|:---|:---|
| **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Semi-Conductors/Instruments (continued)** | **Semi-Conductors/Instruments (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Kulicke & Soffa Industries | 41900 | $| 2141 |
| &nbsp;&nbsp;&nbsp;&nbsp; Methode Electronics | 34900 |  | 1666 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sanmina\* | 57600 |  | 3510 |
| &nbsp;&nbsp;&nbsp;&nbsp; TTM Technologies\* | 182500 |  | 2869 |
| &nbsp;&nbsp;&nbsp;&nbsp; Vishay Intertechnology | 98800 |  | 2261 |
| &nbsp;&nbsp;&nbsp;&nbsp; Vishay Precision Group\* | 67180 |  | 2901 |
|  |  |  | 28590 |
|  **Soft Drinks (0.4%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Coca-Cola Consolidated | 3200 |  | 1622 |
|  **Specialized Consumer Services (0.6%)** | **Specialized Consumer Services (0.6%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Carriage Services, Cl A | 13200 |  | 428 |
| &nbsp;&nbsp;&nbsp;&nbsp; H&R Block | 61600 |  | 2401 |
|  |  |  | 2829 |
|  **Specialized REITs (1.4%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; CoreCivic\* | 106600 |  | 1134 |
| &nbsp;&nbsp;&nbsp;&nbsp; CorEnergy Infrastructure Trust | 80400 |  | 172 |
| &nbsp;&nbsp;&nbsp;&nbsp; EPR Properties | 53600 |  | 2277 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hersha Hospitality Trust, Cl A | 97200 |  | 894 |
| &nbsp;&nbsp;&nbsp;&nbsp; Uniti Group | 227000 |  | 1496 |
|  |  |  | 5973 |
|  **Specialty Stores (1.1%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Academy Sports & |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Outdoors | 42600 |  | 2489 |
| &nbsp;&nbsp;&nbsp;&nbsp; Office Depot\* | 48100 |  | 2482 |
|  |  |  | 4971 |
|  **Steel & Steel Works (0.8%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Metals | 31500 |  | 1709 |
| &nbsp;&nbsp;&nbsp;&nbsp; Warrior Met Coal | 43600 |  | 1652 |
|  |  |  | 3361 |
|  **Systems Software (0.7%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Adeia | 66500 |  | 728 |
| &nbsp;&nbsp;&nbsp;&nbsp; Progress Software | 39000 |  | 2069 |
| &nbsp;&nbsp;&nbsp;&nbsp; Xperi\* | 26600 |  | 275 |
|  |  |  | 3072 |
|  **Technology Distributors (1.2%)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Avnet | 55900 |  | 2565 |
| &nbsp;&nbsp;&nbsp;&nbsp; ScanSource\* | 45525 |  | 1499 |
| &nbsp;&nbsp;&nbsp;&nbsp; TD SYNNEX | 10400 |  | 1062 |
|  |  |  | 5126 |
|  **Technology Hardware, Storage & Peripherals (0.3%)** | **Technology Hardware, Storage & Peripherals (0.3%)** | **Technology Hardware, Storage & Peripherals (0.3%)** | **Technology Hardware, Storage & Peripherals (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Super Micro Computer\* | 17400 |  | 1259 |
|  **Thrifts & Mortgage Finance (1.6%)** | **Thrifts & Mortgage Finance (1.6%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Mr Cooper Group\* | 36600 |  | 1683 |
| &nbsp;&nbsp;&nbsp;&nbsp; New York Community Bancorp | 209989 |  | 2098 |

---

------

January 31, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** | **LSV Small Cap Value Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Thrifts & Mortgage Finance (continued)** | **Thrifts & Mortgage Finance (continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Premier Financial | 37716 | $944 |
| &nbsp;&nbsp;&nbsp;&nbsp; Radian Group | 113000 | 2497 |
|  |  | 7222 |
|  **Trading Companies & Distributors (1.2%)** | **Trading Companies & Distributors (1.2%)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Rush Enterprises, Cl A | 39300 | 2115 |
| &nbsp;&nbsp;&nbsp;&nbsp; WESCO International\* | 22000 | 3278 |
|  |  | 5393 |
|  **Trucking (1.7%)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; ArcBest | 23100 | 1928 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ryder System | 32100 | 3031 |
| &nbsp;&nbsp;&nbsp;&nbsp; Werner Enterprises | 53700 | 2522 |
|  |  | 7481 |
|  **TOTAL COMMON STOCK**<br> (Cost $374,180) | **TOTAL COMMON STOCK**<br> (Cost $374,180) | 428006 |
|  | Face Amount<br>(000) |  |
|  **Repurchase Agreement (2.4%)** | **Repurchase Agreement (2.4%)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; South Street Securities 3.990%, dated 01/31/2023, to be repurchased on 02/01/2023, repurchase price $10,663 (collateralized by various U.S. Treasury obligations, ranging in par value $0 - $7,482, 0.000% - 4.125%, 04/30/2023 - 05/15/2041; total market value $10,875) | $10662 | 10662 |
|  **TOTAL REPURCHASE AGREEMENT**<br> (Cost $10,662) | **TOTAL REPURCHASE AGREEMENT**<br> (Cost $10,662) | 10662 |
|  **Total Investments – 99.9%**<br> (Cost $384,842) | **Total Investments – 99.9%**<br> (Cost $384,842) | $438668 |

---

*Percentages are based on Net Assets of $438,769 (000).* 

*\* Non-income producing security.* 

*Cl — Class* 

*REIT — Real Estate Investment Trust* 

*LSV-QH-004-2000*

## 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 Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000039922

- **c. LEI of Series:** 549300J3OTLKYYUXXK66

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $439562056.23

**Total Liabilities:** $783154.17

**Net Assets:** $438778902.06

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000123807 | 9.28%                | -5.89%               | 6.27%                |
| Class ID C000142891 | 9.30%                | -5.90%               | 6.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $533773.47               | $36253021.50                               |
| Month 2  | $742677.94               | $-26530897.06                              |
| Month 3  | $148725.22               | $23726707.23                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MERITAGE HOMES CORPORATION                      | MERITAGE HOMES CORP COMMON STOCK          | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               |  | US        |     17200 | NS      | $1852268.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS CAPITAL HOLDINGS LIMITED                   | AXIS CAPITAL HOLDINGS LTD COMMON STOCK    | CUSIP: G0692U109<br>LEI: N/A                  | Long             | EC               |  | US        |     53400 | NS      | $3341238.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| PRESTIGE CONSUMER HEALTHCARE INC.               | PRESTIGE CONSUMER HEALTHCARE COMMON STOCK | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               |  | US        |     63900 | NS      | $4202064.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| GENESCO INC.                                    | GENESCO INC COMMON STOCK                  | CUSIP: 371532102<br>LEI: 549300VY2Q511P1K5P56 | Long             | EC               |  | US        |     24300 | NS      | $1173447.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO COMMERCIAL REAL ESTATE FINANCE, INC.     | APOLLO COMMERCIAL REAL ESTAT REIT         | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               |  | US        |     54400 | NS      | $662048.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ODP CORPORATION                             | ODP CORP/THE COMMON STOCK                 | CUSIP: 88337F105<br>LEI: N/A                  | Long             | EC               |  | US        |     48100 | NS      | $2481960.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| PARK-OHIO HOLDINGS CORP.                        | PARK-OHIO HOLDINGS CORP COMMON STOCK      | CUSIP: 700666100<br>LEI: N/A                  | Long             | EC               |  | US        |     16500 | NS      | $218625.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| F.N.B. CORPORATION                              | FNB CORP COMMON STOCK                     | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               |  | US        |    157400 | NS      | $2246098.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| QUAD/GRAPHICS, INC.                             | QUAD GRAPHICS INC COMMON STOCK            | CUSIP: 747301109<br>LEI: W2D68G5NJH4X0NW8PT65 | Long             | EC               |  | US        |    152000 | NS      | $670320.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK COMMUNITY BANCORP, INC.                | NEW YORK COMMUNITY BANCORP COMMON STOCK   | CUSIP: 649445103<br>LEI: 529900HVXOTLY61GL030 | Long             | EC               |  | US        |    209989 | NS      | $2097790.11   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| JABIL INC.                                      | JABIL INC COMMON STOCK                    | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               |  | US        |     31500 | NS      | $2476845.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCBEST CORPORATION                             | ARCBEST CORP COMMON STOCK                 | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               |  | US        |     23100 | NS      | $1927695.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| INDUSTRIAL LOGISTICS PROPERTIES TRUST           | INDUSTRIAL LOGISTICS PROPERT REIT         | CUSIP: 456237106<br>LEI: 5493004XH9PJW009HR47 | Long             | EC               |  | US        |     85200 | NS      | $375732.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HOPE BANCORP, INC.                              | HOPE BANCORP INC COMMON STOCK             | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               |  | US        |    181300 | NS      | $2336957.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| WASHINGTON FEDERAL, INC.                        | WASHINGTON FEDERAL INC COMMON STOCK       | CUSIP: 938824109<br>LEI: N/A                  | Long             | EC               |  | US        |     57900 | NS      | $2053134.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST FINANCIAL CORPORATION                     | FIRST FINANCIAL CORP/INDIANA COMMON STOCK | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               |  | US        |     20156 | NS      | $905407.52    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TRI POINTE HOMES, INC.                          | TRI POINTE HOMES INC COMMON STOCK         | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               |  | US        |    115600 | NS      | $2553604.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Aaron's Company Inc                             | AARON'S CO INC/THE COMMON STOCK           | CUSIP: 00258W108<br>LEI: N/A                  | Long             | EC               |  | US        |     32068 | NS      | $469796.20    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CARLYLE SECURED LENDING, INC.                   | CARLYLE SECURED LENDING INC COMMON STOCK  | CUSIP: 872280102<br>LEI: 5493003POT0JT6WD1D83 | Long             | EC               |  | US        |     80100 | NS      | $1205505.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| THOR INDUSTRIES, INC.                           | THOR INDUSTRIES INC COMMON STOCK          | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               |  | US        |     21600 | NS      | $2059128.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| BRANDYWINE REALTY TRUST                         | BRANDYWINE REALTY TRUST REIT              | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               |  | US        |    129200 | NS      | $847552.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC INVESTMENT CORPORATION                     | MGIC INVESTMENT CORP COMMON STOCK         | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               |  | US        |    176400 | NS      | $2490768.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| FLUSHING FINANCIAL CORPORATION                  | FLUSHING FINANCIAL CORP COMMON STOCK      | CUSIP: 343873105<br>LEI: N/A                  | Long             | EC               |  | US        |     77000 | NS      | $1477630.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST COMMONWEALTH FINANCIAL CORPORATION        | FIRST COMMONWEALTH FINL CORP COMMON STOCK | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               |  | US        |     96600 | NS      | $1420986.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SANMINA CORPORATION                             | SANMINA CORP COMMON STOCK                 | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               |  | US        |     57600 | NS      | $3509568.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICE PROPERTIES TRUST                        | SERVICE PROPERTIES TRUST REIT             | CUSIP: 81761L102<br>LEI: 529900IS770AG1K9QG27 | Long             | EC               |  | US        |     77295 | NS      | $688698.45    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| REDWOOD TRUST, INC.                             | REDWOOD TRUST INC REIT                    | CUSIP: 758075402<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EC               |  | US        |    178500 | NS      | $1492260.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FULTON FINANCIAL CORPORATION                    | FULTON FINANCIAL CORP COMMON STOCK        | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               |  | US        |    139800 | NS      | $2338854.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN FINANCIAL GROUP, INC.                  | AMERICAN FINANCIAL GROUP INC COMMON STOCK | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               |  | US        |     12546 | NS      | $1788934.14   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| AMC NETWORKS INC.                               | AMC NETWORKS INC-A COMMON STOCK           | CUSIP: 00164V103<br>LEI: 549300VGG9K75226LR46 | Long             | EC               |  | US        |     49300 | NS      | $912543.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| RUSH ENTERPRISES, INC.                          | RUSH ENTERPRISES INC-CL A COMMON STOCK    | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               |  | US        |     39300 | NS      | $2114733.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY OIL CORPORATION                          | MURPHY OIL CORP COMMON STOCK              | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               |  | US        |     54400 | NS      | $2372384.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| FINANCIAL INSTITUTIONS, INC.                    | FINANCIAL INSTITUTIONS INC COMMON STOCK   | CUSIP: 317585404<br>LEI: N/A                  | Long             | EC               |  | US        |     43990 | NS      | $1086992.90   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION      | ZIONS BANCORP NA COMMON STOCK             | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               |  | US        |     44600 | NS      | $2370936.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CARRIAGE SERVICES, INC.                         | CARRIAGE SERVICES INC COMMON STOCK        | CUSIP: 143905107<br>LEI: N/A                  | Long             | EC               |  | US        |     13400 | NS      | $434428.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingles Markets, Incorporated                    | INGLES MARKETS INC-CLASS A COMMON STOCK   | CUSIP: 457030104<br>LEI: 549300XH5RYBMYP8TF26 | Long             | EC               |  | US        |     28400 | NS      | $2698000.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA RESOURCES CORPORATION                | CALIFORNIA RESOURCES CORP COMMON STOCK    | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               |  | US        |     13300 | NS      | $568309.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EQUITY INVESTMENT LIFE HOLDING COMPANY | AMERICAN EQUITY INVT LIFE HL COMMON STOCK | CUSIP: 025676206<br>LEI: 549300RK5RZQ740FPL83 | Long             | EC               |  | US        |     58200 | NS      | $2773230.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure, Inc.                   | STERLING INFRASTRUCTURE INC COMMON STOCK  | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               |  | US        |     67100 | NS      | $2441769.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                             | LSV TRI-PARTY REPO MORGAN STANLEY         | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               |  | US        |  10662101 | PA      | $10662100.94  | 2.43%             |  |  |  | No            |                  2 | On Loan: No      |
| BLOOMIN' BRANDS, INC.                           | BLOOMIN' BRANDS INC COMMON STOCK          | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               |  | US        |     97600 | NS      | $2366800.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| POPULAR, INC.                                   | POPULAR INC COMMON STOCK                  | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               |  | US        |     34000 | NS      | $2333760.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| SALLY BEAUTY HOLDINGS, INC.                     | SALLY BEAUTY HOLDINGS INC COMMON STOCK    | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               |  | US        |     80000 | NS      | $1246400.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| QURATE RETAIL, INC.                             | QURATE RETAIL INC-SERIES A COMMON STOCK   | CUSIP: 74915M100<br>LEI: 549300PSXEKU4PHLCR04 | Long             | EC               |  | US        |    143500 | NS      | $370230.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| H & R BLOCK, INC.                               | H&R BLOCK INC COMMON STOCK                | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               |  | US        |     61600 | NS      | $2401168.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| VISHAY PRECISION GROUP, INC.                    | VISHAY PRECISION GROUP COMMON STOCK       | CUSIP: 92835K103<br>LEI: N/A                  | Long             | EC               |  | US        |     67180 | NS      | $2900832.40   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| GROUP 1 AUTOMOTIVE, INC.                        | GROUP 1 AUTOMOTIVE INC COMMON STOCK       | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               |  | US        |     11300 | NS      | $2416505.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| HF SINCLAIR CORPORATION                         | HF SINCLAIR CORP COMMON STOCK             | CUSIP: 403949100<br>LEI: N/A                  | Long             | EC               |  | US        |     69900 | NS      | $3977310.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| FS KKR CAPITAL CORP.                            | FS KKR CAPITAL CORP COMMON STOCK          | CUSIP: 302635206<br>LEI: 549300TYRSI1T21B1360 | Long             | EC               |  | US        |     84300 | NS      | $1657338.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR PROPERTIES                                  | EPR PROPERTIES REIT                       | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               |  | US        |     53600 | NS      | $2276928.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| DELUXE CORPORATION                              | DELUXE CORP COMMON STOCK                  | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               |  | US        |     33000 | NS      | $659670.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED THERAPEUTICS CORPORATION                 | UNITED THERAPEUTICS CORP COMMON STOCK     | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               |  | US        |     17000 | NS      | $4473890.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXTAINER GROUP HOLDINGS LIMITED                | TEXTAINER GROUP HOLDINGS LTD COMMON STOCK | CUSIP: G8766E109<br>LEI: 529900OHEYRATAFMIT89 | Long             | EC               |  | US        |     87400 | NS      | $2962860.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| GENWORTH FINANCIAL, INC.                        | GENWORTH FINANCIAL INC-CL A COMMON STOCK  | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               |  | US        |    231200 | NS      | $1276224.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CATALYST PHARMACEUTICALS, INC.                  | CATALYST PHARMACEUTICALS INC COMMON STOCK | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               |  | US        |     74900 | NS      | $1160201.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MUELLER INDUSTRIES, INC.                        | MUELLER INDUSTRIES INC COMMON STOCK       | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               |  | US        |     19521 | NS      | $1279601.55   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP, INC.                   | PENSKE AUTOMOTIVE GROUP INC COMMON STOCK  | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               |  | US        |     16200 | NS      | $2070684.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| WABASH NATIONAL CORPORATION                     | WABASH NATIONAL CORP COMMON STOCK         | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               |  | US        |     46519 | NS      | $1198329.44   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| AMNEAL PHARMACEUTICALS, INC.                    | AMNEAL PHARMACEUTICALS INC COMMON STOCK   | CUSIP: 03168L105<br>LEI: 549300VV176ZO5WQHZ61 | Long             | EC               |  | US        |    272500 | NS      | $599500.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Audacy, Inc.                                    | AUDACY INC COMMON STOCK                   | CUSIP: 05070N103<br>LEI: N/A                  | Long             | EC               |  | US        |    354200 | NS      | $113769.04    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GREIF, INC.                                     | GREIF INC-CL A COMMON STOCK               | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               |  | US        |     49900 | NS      | $3564357.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE, INC.                      | BUILDERS FIRSTSOURCE INC COMMON STOCK     | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               |  | US        |     14100 | NS      | $1123770.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PLYMOUTH INDUSTRIAL REIT, INC.                  | PLYMOUTH INDUSTRIAL REIT INC REIT         | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               |  | US        |     51000 | NS      | $1141380.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| THE NECESSITY RETAIL REIT, INC.                 | NECESSITY RETAIL REIT INC/TH REIT         | CUSIP: 02607T109<br>LEI: 549300GN4H0K3IUS8983 | Long             | EC               |  | US        |    178600 | NS      | $1219838.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Evertec, Inc.                                   | EVERTEC INC COMMON STOCK                  | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               |  | US        |     21300 | NS      | $786822.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMUNITY TRUST BANCORP, INC.                   | COMMUNITY TRUST BANCORP INC COMMON STOCK  | CUSIP: 204149108<br>LEI: N/A                  | Long             | EC               |  | US        |     17000 | NS      | $732360.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MOOG INC.                                       | MOOG INC-CLASS A COMMON STOCK             | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               |  | US        |     28900 | NS      | $2754748.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| PATTERSON COMPANIES, INC.                       | PATTERSON COS INC COMMON STOCK            | CUSIP: 703395103<br>LEI: YM48Q2087CUE26GWEK09 | Long             | EC               |  | US        |     69100 | NS      | $2086129.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| VISHAY INTERTECHNOLOGY, INC.                    | VISHAY INTERTECHNOLOGY INC COMMON STOCK   | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               |  | US        |     98800 | NS      | $2261532.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVIENT CORPORATION                             | NAVIENT CORP COMMON STOCK                 | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               |  | US        |    124700 | NS      | $2365559.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| DINE BRANDS GLOBAL, INC.                        | DINE BRANDS GLOBAL INC COMMON STOCK       | CUSIP: 254423106<br>LEI: 529900HKM8OWSHLKJY75 | Long             | EC               |  | US        |     18400 | NS      | $1422504.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Xperi Inc                                       | XPERI INC COMMON STOCK                    | CUSIP: 98423J101<br>LEI: N/A                  | Long             | EC               |  | US        |     26600 | NS      | $275310.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TOLL BROTHERS, INC.                             | TOLL BROTHERS INC COMMON STOCK            | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               |  | US        |     52300 | NS      | $3111327.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD NATIONAL BANCORP                            | OLD NATIONAL BANCORP COMMON STOCK         | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               |  | US        |    136600 | NS      | $2390500.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CHEMOURS COMPANY                            | CHEMOURS CO/THE COMMON STOCK              | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               |  | US        |     58900 | NS      | $2143371.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SABRA HEALTH CARE REIT, INC.                    | SABRA HEALTH CARE REIT INC REIT           | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               |  | US        |    175900 | NS      | $2374650.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| RYDER SYSTEM, INC.                              | RYDER SYSTEM INC COMMON STOCK             | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               |  | US        |     32100 | NS      | $3030561.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| HOMESTREET, INC.                                | HOMESTREET INC COMMON STOCK               | CUSIP: 43785V102<br>LEI: N/A                  | Long             | EC               |  | US        |     55945 | NS      | $1542403.65   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BANKUNITED, INC.                                | BANKUNITED INC COMMON STOCK               | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               |  | US        |     45500 | NS      | $1712620.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| HARLEY-DAVIDSON, INC.                           | HARLEY-DAVIDSON INC COMMON STOCK          | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               |  | US        |     52100 | NS      | $2398163.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO CORPORATION                                | AGCO CORP COMMON STOCK                    | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               |  | US        |     23200 | NS      | $3204616.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| TUPPERWARE BRANDS CORPORATION                   | TUPPERWARE BRANDS CORP COMMON STOCK       | CUSIP: 899896104<br>LEI: G8NWFN4YP7CR6FOP4886 | Long             | EC               |  | US        |     68910 | NS      | $305271.30    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| RENAISSANCERE HOLDINGS LTD.                     | RENAISSANCERE HOLDINGS LTD COMMON STOCK   | CUSIP: G7496G103<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               |  | US        |     12700 | NS      | $2485263.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| ARBOR REALTY TRUST, INC.                        | ARBOR REALTY TRUST INC REIT               | CUSIP: 038923108<br>LEI: 549300ASFUWYQO0RW077 | Long             | EC               |  | US        |    116631 | NS      | $1741300.83   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| KB HOME                                         | KB HOME COMMON STOCK                      | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               |  | US        |     30100 | NS      | $1157345.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| W&T OFFSHORE, INC.                              | W&T OFFSHORE INC COMMON STOCK             | CUSIP: 92922P106<br>LEI: 549300Q7EOY2YIO3YK85 | Long             | EC               |  | US        |    586000 | NS      | $3644920.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| SPARTANNASH COMPANY                             | SPARTANNASH CO COMMON STOCK               | CUSIP: 847215100<br>LEI: 549300TV3QCCSQLF5X16 | Long             | EC               |  | US        |     40200 | NS      | $1273536.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOVIVA, INC.                                  | INNOVIVA INC COMMON STOCK                 | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               |  | US        |     73900 | NS      | $934835.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMERCIAL METALS COMPANY                       | COMMERCIAL METALS CO COMMON STOCK         | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               |  | US        |     31500 | NS      | $1709505.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ORGANON & CO.                                   | ORGANON & CO COMMON STOCK                 | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               |  | US        |     84400 | NS      | $2542972.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ATKORE INC                                      | Atkore Inc COMMON STOCK                   | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               |  | US        |     36600 | NS      | $4767150.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Limited                          | CAPRI HOLDINGS LTD COMMON STOCK           | CUSIP: G1890L107<br>LEI: 549300LPG8W0H1OX3A26 | Long             | EC               |  | US        |     14500 | NS      | $964105.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings, Inc.                        | ENERGIZER HOLDINGS INC COMMON STOCK       | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               |  | US        |     61300 | NS      | $2274230.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELIXIS, INC.                                  | EXELIXIS INC COMMON STOCK                 | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               |  | US        |    143119 | NS      | $2521756.78   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| SMITH & WESSON BRANDS, INC.                     | SMITH & WESSON BRANDS INC COMMON STOCK    | CUSIP: 831754106<br>LEI: 5493004PFHUPOR1PWN79 | Long             | EC               |  | US        |     84200 | NS      | $932936.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL NET LEASE, INC.                          | GLOBAL NET LEASE INC REIT                 | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               |  | US        |     94300 | NS      | $1409785.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MR. COOPER GROUP INC.                           | MR COOPER GROUP INC COMMON STOCK          | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               |  | US        |     36600 | NS      | $1683234.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| EMERGENT BIOSOLUTIONS INC.                      | EMERGENT BIOSOLUTIONS INC COMMON STOCK    | CUSIP: 29089Q105<br>LEI: 549300YW6TUOX8BE5103 | Long             | EC               |  | US        |     34400 | NS      | $453736.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HERSHA HOSPITALITY TRUST                        | HERSHA HOSPITALITY TRUST-A REIT           | CUSIP: 427825500<br>LEI: 549300DNC58BIN1VO064 | Long             | EC               |  | US        |     97200 | NS      | $894240.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CTO REALTY GROWTH, INC.                         | CTO REALTY GROWTH INC REIT                | CUSIP: 22948Q101<br>LEI: N/A                  | Long             | EC               |  | US        |    101850 | NS      | $2000334.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| INGREDION INCORPORATED                          | INGREDION INC COMMON STOCK                | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               |  | US        |     36900 | NS      | $3793320.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP.                             | RITHM CAPITAL CORP REIT                   | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               |  | US        |    216400 | NS      | $2036324.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTSMAN CORPORATION                            | HUNTSMAN CORP COMMON STOCK                | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               |  | US        |     62700 | NS      | $1986963.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SFL CORPORATION LTD.                            | SFL CORP LTD COMMON STOCK                 | CUSIP: G7738W106<br>LEI: 549300RLYYPSB0C7RH77 | Long             | EC               |  | US        |    158500 | NS      | $1613530.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMORIS SERVICES CORPORATION                   | PRIMORIS SERVICES CORP COMMON STOCK       | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               |  | US        |     73200 | NS      | $1947120.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF N.T. BUTTERFIELD & SON LIMITED (THE)    | BANK OF N.T. BUTTERFIELD&SON COMMON STOCK | CUSIP: G0772R208<br>LEI: 549300V8RVM0EMTDPF28 | Long             | EC               |  | US        |     35000 | NS      | $1118600.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG SYSTEMS INTERNATIONAL, INC.                 | CSG SYSTEMS INTL INC COMMON STOCK         | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               |  | US        |     29500 | NS      | $1760265.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONAL MANAGEMENT CORP.                       | REGIONAL MANAGEMENT CORP COMMON STOCK     | CUSIP: 75902K106<br>LEI: 549300S5O87W87JW4146 | Long             | EC               |  | US        |     38100 | NS      | $1314069.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TIMKEN COMPANY                              | TIMKEN CO COMMON STOCK                    | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               |  | US        |     21600 | NS      | $1778760.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ALASKA AIR GROUP, INC.                          | ALASKA AIR GROUP INC COMMON STOCK         | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               |  | US        |     43900 | NS      | $2253826.00   | 0.51%             |  |  |  | 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        |     19000 | NS      | $2484440.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| GLADSTONE COMMERCIAL CORPORATION                | GLADSTONE COMMERCIAL CORP REIT            | CUSIP: 376536108<br>LEI: 529900EVVV534W8R0T32 | Long             | EC               |  | US        |     62100 | NS      | $1055079.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANSIX INC.                                   | ADVANSIX INC COMMON STOCK                 | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               |  | US        |     58200 | NS      | $2516568.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT VACATIONS WORLDWIDE CORPORATION        | MARRIOTT VACATIONS WORLD COMMON STOCK     | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               |  | US        |      8150 | NS      | $1304326.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON OUTDOORS INC.                           | JOHNSON OUTDOORS INC-A COMMON STOCK       | CUSIP: 479167108<br>LEI: N/A                  | Long             | EC               |  | US        |     13475 | NS      | $922498.50    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| B. RILEY FINANCIAL, INC.                        | B. RILEY FINANCIAL INC COMMON STOCK       | CUSIP: 05580M108<br>LEI: N/A                  | Long             | EC               |  | US        |     19300 | NS      | $824689.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HANCOCK WHITNEY CORPORATION                     | HANCOCK WHITNEY CORP COMMON STOCK         | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               |  | US        |     51600 | NS      | $2656368.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| PROSPECT CAPITAL CORPORATION                    | PROSPECT CAPITAL CORP COMMON STOCK        | CUSIP: 74348T102<br>LEI: 549300FSD8T39P5Q0O47 | Long             | EC               |  | US        |    129300 | NS      | $969750.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO FINANCIAL GROUP, INC.                       | CNO FINANCIAL GROUP INC COMMON STOCK      | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               |  | US        |    201500 | NS      | $5190640.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CATHAY GENERAL BANCORP                          | CATHAY GENERAL BANCORP COMMON STOCK       | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               |  | US        |     64550 | NS      | $2837618.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW MOUNTAIN FINANCE CORPORATION                | NEW MOUNTAIN FINANCE CORP COMMON STOCK    | CUSIP: 647551100<br>LEI: 549300L1MPTT1H7SES77 | Long             | EC               |  | US        |    132800 | NS      | $1715776.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X, INC.                                       | V2X INC COMMON STOCK                      | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               |  | US        |     25900 | NS      | $1143744.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| TRITON INTERNATIONAL LIMITED                    | TRITON INTERNATIONAL LTD COMMON STOCK     | CUSIP: G9078F107<br>LEI: N/A                  | Long             | EC               |  | US        |     58600 | NS      | $4139504.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA INC.                                      | TEGNA INC COMMON STOCK                    | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               |  | US        |    125800 | NS      | $2507194.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA-COLA CONSOLIDATED, INC.                    | COCA-COLA CONSOLIDATED INC COMMON STOCK   | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               |  | US        |      3200 | NS      | $1621696.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| NORDSTROM, INC.                                 | NORDSTROM INC COMMON STOCK                | CUSIP: 655664100<br>LEI: 549300S3IZB5P35KNV16 | Long             | EC               |  | US        |     57000 | NS      | $1113780.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LAKELAND BANCORP, INC.                          | LAKELAND BANCORP INC COMMON STOCK         | CUSIP: 511637100<br>LEI: 549300NF90LR9ETZDR73 | Long             | EC               |  | US        |     13854 | NS      | $266966.58    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSOCIATED BANC-CORP                            | ASSOCIATED BANC-CORP COMMON STOCK         | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               |  | US        |    170700 | NS      | $3825387.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH CORP.                                       | PVH CORP COMMON STOCK                     | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               |  | US        |     26600 | NS      | $2391340.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SPROUTS FARMERS MARKET, INC.                    | SPROUTS FARMERS MARKET INC COMMON STOCK   | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               |  | US        |    119900 | NS      | $3830805.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| TREDEGAR CORPORATION                            | TREDEGAR CORP COMMON STOCK                | CUSIP: 894650100<br>LEI: 54930003228ERHCH6K87 | Long             | EC               |  | US        |     49900 | NS      | $605287.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LOUISIANA-PACIFIC CORPORATION                   | LOUISIANA-PACIFIC CORP COMMON STOCK       | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               |  | US        |     50600 | NS      | $3445354.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERATED HERMES, INC.                          | FEDERATED HERMES INC COMMON STOCK         | CUSIP: 314211103<br>LEI: R05X5UQ874RGFF7HHD84 | Long             | EC               |  | US        |     41400 | NS      | $1627020.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SILGAN HOLDINGS INC.                            | SILGAN HOLDINGS INC COMMON STOCK          | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               |  | US        |     38800 | NS      | $2090932.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| GREAT SOUTHERN BANCORP, INC.                    | GREAT SOUTHERN BANCORP INC COMMON STOCK   | CUSIP: 390905107<br>LEI: 5493000ZL7DLNMN1AB26 | Long             | EC               |  | US        |     27200 | NS      | $1589568.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MATADOR RESOURCES COMPANY                       | MATADOR RESOURCES CO COMMON STOCK         | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               |  | US        |     43000 | NS      | $2844880.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Ozk                                        | BANK OZK COMMON STOCK                     | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               |  | US        |     46400 | NS      | $2119088.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| PROGRESS SOFTWARE CORPORATION                   | PROGRESS SOFTWARE CORP COMMON STOCK       | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               |  | US        |     39000 | NS      | $2068560.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERICAN FINANCIAL CORPORATION            | FIRST AMERICAN FINANCIAL COMMON STOCK     | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               |  | US        |     57200 | NS      | $3538964.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| CIVITAS RESOURCES, INC.                         | CIVITAS RESOURCES INC COMMON STOCK        | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               |  | US        |     33700 | NS      | $2242735.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOE CARNIVAL, INC.                             | SHOE CARNIVAL INC COMMON STOCK            | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               |  | US        |     45300 | NS      | $1237143.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| INGEVITY CORPORATION                            | INGEVITY CORP COMMON STOCK                | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               |  | US        |     29300 | NS      | $2415492.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCO BRANDS CORPORATION                         | ACCO BRANDS CORP COMMON STOCK             | CUSIP: 00081T108<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | EC               |  | US        |    190900 | NS      | $1212215.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO INTERNATIONAL, INC.                       | WESCO INTERNATIONAL INC COMMON STOCK      | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               |  | US        |     22000 | NS      | $3278220.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| WINNEBAGO INDUSTRIES, INC.                      | WINNEBAGO INDUSTRIES COMMON STOCK         | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               |  | US        |     31300 | NS      | $1993184.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ALTICE USA, INC.                                | ALTICE USA INC- A COMMON STOCK            | CUSIP: 02156K103<br>LEI: 54930064K3612MGCER95 | Long             | EC               |  | US        |    107800 | NS      | $528220.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| WARRIOR MET COAL, INC.                          | WARRIOR MET COAL INC COMMON STOCK         | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Long             | EC               |  | US        |     43600 | NS      | $1651568.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| HAVERTY FURNITURE COMPANIES, INC.               | HAVERTY FURNITURE COMMON STOCK            | CUSIP: 419596101<br>LEI: 529900CVFMMIRXZVPD70 | Long             | EC               |  | US        |     49300 | NS      | $1721556.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| FOOT LOCKER, INC.                               | FOOT LOCKER INC COMMON STOCK              | CUSIP: 344849104<br>LEI: 549300X383CBNP6MTV94 | Long             | EC               |  | US        |     43200 | NS      | $1879632.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNANTPARK INVESTMENT CORPORATION              | PENNANTPARK INVESTMENT CORP COMMON STOCK  | CUSIP: 708062104<br>LEI: 529900OK432R4C6NQQ73 | Long             | EC               |  | US        |    195900 | NS      | $1163646.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM TECHNOLOGIES, INC.                          | TTM TECHNOLOGIES COMMON STOCK             | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               |  | US        |    182500 | NS      | $2868900.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOODYEAR TIRE & RUBBER COMPANY              | GOODYEAR TIRE & RUBBER CO COMMON STOCK    | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               |  | US        |     74800 | NS      | $841500.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL FUEL GAS COMPANY                       | NATIONAL FUEL GAS CO COMMON STOCK         | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               |  | US        |     61200 | NS      | $3553272.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOVUS FINANCIAL CORP.                         | SYNOVUS FINANCIAL CORP COMMON STOCK       | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               |  | US        |     58600 | NS      | $2458270.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I GLASS, INC.                                 | O-I GLASS INC COMMON STOCK                | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               |  | US        |    130300 | NS      | $2508275.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA FINANCIAL, INC.                             | MFA FINANCIAL INC REIT                    | CUSIP: 55272X607<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EC               |  | US        |     84325 | NS      | $1002624.25   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| First BanCorp                                   | FIRST BANCORP PUERTO RICO COMMON STOCK    | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               |  | US        |    139442 | NS      | $1875494.90   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AXCELIS TECHNOLOGIES, INC.                      | AXCELIS TECHNOLOGIES INC COMMON STOCK     | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               |  | US        |     19700 | NS      | $2166015.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| DIME COMMUNITY BANCSHARES, INC.                 | DIME COMMUNITY BANCSHARES IN COMMON STOCK | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               |  | US        |     62200 | NS      | $1854804.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMDEN NATIONAL CORPORATION                     | CAMDEN NATIONAL CORP COMMON STOCK         | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               |  | US        |     36762 | NS      | $1552459.26   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BUSEY CORPORATION                         | FIRST BUSEY CORP COMMON STOCK             | CUSIP: 319383204<br>LEI: 549300X4ZNLYSX7GUY60 | Long             | EC               |  | US        |     53300 | NS      | $1272271.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PEOPLES BANCORP INC.                            | PEOPLES BANCORP INC COMMON STOCK          | CUSIP: 709789101<br>LEI: N/A                  | Long             | EC               |  | US        |     48605 | NS      | $1442110.35   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKLINE BANCORP, INC.                         | BROOKLINE BANCORP INC COMMON STOCK        | CUSIP: 11373M107<br>LEI: N/A                  | Long             | EC               |  | US        |     87100 | NS      | $1139268.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| AMKOR TECHNOLOGY, INC.                          | AMKOR TECHNOLOGY INC COMMON STOCK         | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               |  | US        |    193900 | NS      | $5673514.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SELECT MEDICAL HOLDINGS CORPORATION             | SELECT MEDICAL HOLDINGS CORP COMMON STOCK | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               |  | US        |    130200 | NS      | $3784914.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR HOLDINGS, INC.                              | QCR HOLDINGS INC COMMON STOCK             | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               |  | US        |     28300 | NS      | $1487448.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| PREMIER FINANCIAL CORP.                         | PREMIER FINANCIAL CORP COMMON STOCK       | CUSIP: 74052F108<br>LEI: N/A                  | Long             | EC               |  | US        |     48525 | NS      | $1214095.50   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HANMI FINANCIAL CORPORATION                     | HANMI FINANCIAL CORPORATION COMMON STOCK  | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               |  | US        |     72400 | NS      | $1686196.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| APOGEE ENTERPRISES, INC.                        | APOGEE ENTERPRISES INC COMMON STOCK       | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               |  | US        |     35900 | NS      | $1681556.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III APPAREL GROUP, LTD.                       | G-III APPAREL GROUP LTD COMMON STOCK      | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               |  | US        |     73334 | NS      | $1240811.28   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HILLENBRAND, INC.                               | HILLENBRAND INC COMMON STOCK              | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               |  | US        |     66200 | NS      | $3102132.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CORECIVIC, INC.                                 | CORECIVIC INC COMMON STOCK                | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               |  | US        |    106600 | NS      | $1134224.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITI GROUP INC.                                | UNITI GROUP INC REIT                      | CUSIP: 91325V108<br>LEI: 549300V3NU625PJUVA84 | Long             | EC               |  | US        |    227000 | NS      | $1495930.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL INSURANCE HOLDINGS, INC.              | UNIVERSAL INSURANCE HOLDINGS COMMON STOCK | CUSIP: 91359V107<br>LEI: 529900GGAZ6WVUCWQM46 | Long             | EC               |  | US        |    113500 | NS      | $1445990.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ADEIA INC.                                      | ADEIA INC COMMON STOCK                    | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               |  | US        |     66500 | NS      | $728175.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI CORPORATION                                 | UGI CORP COMMON STOCK                     | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               |  | US        |     57500 | NS      | $2290225.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXSTAR MEDIA GROUP, INC.                       | Nexstar Media Group Inc COMMON STOCK      | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               |  | US        |     19200 | NS      | $3931584.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| DIODES INCORPORATED                             | DIODES INC COMMON STOCK                   | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               |  | US        |     10000 | NS      | $891900.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| KELLY SERVICES, INC.                            | KELLY SERVICES INC -A COMMON STOCK        | CUSIP: 488152208<br>LEI: N/A                  | Long             | EC               |  | US        |     64600 | NS      | $1169260.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CIRRUS LOGIC, INC.                              | CIRRUS LOGIC INC COMMON STOCK             | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               |  | US        |     22500 | NS      | $2033775.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| MODINE MANUFACTURING COMPANY                    | MODINE MANUFACTURING CO COMMON STOCK      | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               |  | US        |    101800 | NS      | $2432002.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| LAZARD LTD                                      | LAZARD LTD-CL A COMMON STOCK              | CUSIP: G54050102<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               |  | US        |     61700 | NS      | $2472936.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| GUESS ?, INC.                                   | GUESS? INC COMMON STOCK                   | CUSIP: 401617105<br>LEI: 549300QVH3ZK2DW0KP86 | Long             | EC               |  | US        |     60600 | NS      | $1404102.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| CRANE HOLDINGS, CO.                             | CRANE HOLDINGS CO COMMON STOCK            | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               |  | US        |     14000 | NS      | $1622740.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG BANCORP                                     | OFG BANCORP COMMON STOCK                  | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               |  | US        |    111700 | NS      | $3162227.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| WERNER ENTERPRISES, INC.                        | WERNER ENTERPRISES INC COMMON STOCK       | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               |  | US        |     53700 | NS      | $2522289.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CORENERGY INFRASTRUCTURE TRUST, INC.            | CORENERGY INFRASTRUCTURE TRU REIT         | CUSIP: 21870U502<br>LEI: 549300RWMFYIPNXWXM78 | Long             | EC               |  | US        |     80400 | NS      | $172056.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL, INC.                     | BRIGHTHOUSE FINANCIAL INC COMMON STOCK    | CUSIP: 10922N103<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EC               |  | US        |     23078 | NS      | $1298599.06   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| M.D.C. HOLDINGS, INC.                           | MDC HOLDINGS INC COMMON STOCK             | CUSIP: 552676108<br>LEI: 5299005FV4VNV75R8R35 | Long             | EC               |  | US        |     31700 | NS      | $1196992.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SCANSOURCE, INC.                                | SCANSOURCE INC COMMON STOCK               | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               |  | US        |     45525 | NS      | $1499138.25   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| WESBANCO, INC.                                  | WESBANCO INC COMMON STOCK                 | CUSIP: 950810101<br>LEI: N/A                  | Long             | EC               |  | US        |     46300 | NS      | $1720971.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| WORLD FUEL SERVICES CORPORATION                 | WORLD FUEL SERVICES CORP COMMON STOCK     | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               |  | US        |     51331 | NS      | $1452667.30   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| OAKTREE SPECIALTY LENDING CORPORATION           | OAKTREE SPECIALTY LENDING CO COMMON STOCK | CUSIP: 67401P405<br>LEI: 549300J6MGCEU5928620 | Long             | EC               |  | US        |     92733 | NS      | $1855587.33   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPUTER PROGRAMS AND SYSTEMS, INC.             | COMPUTER PROGRAMS & SYSTEMS COMMON STOCK  | CUSIP: 205306103<br>LEI: 5493005Q6CJC78TGL805 | Long             | EC               |  | US        |     35100 | NS      | $1031238.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN WOODMARK CORPORATION                   | AMERICAN WOODMARK CORP COMMON STOCK       | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               |  | US        |     13500 | NS      | $773415.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| AFFILIATED MANAGERS GROUP, INC.                 | AFFILIATED MANAGERS GROUP COMMON STOCK    | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               |  | US        |     11900 | NS      | $2055606.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| KULICKE AND SOFFA INDUSTRIES, INC.              | KULICKE & SOFFA INDUSTRIES COMMON STOCK   | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               |  | US        |     41900 | NS      | $2141090.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR GROUP, INC.                               | EMCOR GROUP INC COMMON STOCK              | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               |  | US        |     10700 | NS      | $1586275.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SIXTH STREET SPECIALTY LENDING, INC.            | SIXTH STREET SPECIALTY LENDI COMMON STOCK | CUSIP: 83012A109<br>LEI: 549300TX61566GJWCN05 | Long             | EC               |  | US        |     42100 | NS      | $806215.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| METHODE ELECTRONICS, INC.                       | METHODE ELECTRONICS INC COMMON STOCK      | CUSIP: 591520200<br>LEI: 529900VM413LGLUS3F07 | Long             | EC               |  | US        |     35800 | NS      | $1709092.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN AXLE & MANUFACTURING HOLDINGS, INC.    | AMERICAN AXLE & MFG HOLDINGS COMMON STOCK | CUSIP: 024061103<br>LEI: N/A                  | Long             | EC               |  | US        |    177400 | NS      | $1573538.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ETHAN ALLEN INTERIORS INC.                      | ETHAN ALLEN INTERIORS INC COMMON STOCK    | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               |  | US        |     68900 | NS      | $1980186.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRAL PACIFIC FINANCIAL CORP.                 | CENTRAL PACIFIC FINANCIAL CO COMMON STOCK | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               |  | US        |     44327 | NS      | $1001790.20   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED NATURAL FOODS, INC.                      | UNITED NATURAL FOODS INC COMMON STOCK     | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               |  | US        |     38400 | NS      | $1598208.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| URSTADT BIDDLE PROPERTIES INC.                  | URSTADT BIDDLE - CLASS A REIT             | CUSIP: 917286205<br>LEI: 549300XXD0YL0AER3Z82 | Long             | EC               |  | US        |     71600 | NS      | $1344648.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AVNET, INC.                                     | AVNET INC COMMON STOCK                    | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               |  | US        |     55900 | NS      | $2564692.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTONATION, INC.                                | AUTONATION INC COMMON STOCK               | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               |  | US        |     12000 | NS      | $1520640.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Koppers Holdings Inc.                           | KOPPERS HOLDINGS INC COMMON STOCK         | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               |  | US        |     40100 | NS      | $1387861.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN ASSET MORTGAGE CAPITAL CORPORATION      | WESTERN ASSET MORTGAGE CAPIT REIT         | CUSIP: 95790D204<br>LEI: 549300JOQRROR5SZYY83 | Long             | EC               |  | US        |     14170 | NS      | $159695.90    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADEMY SPORTS AND OUTDOORS, INC.               | ACADEMY SPORTS & OUTDOORS IN COMMON STOCK | CUSIP: 00402L107<br>LEI: N/A                  | Long             | EC               |  | US        |     42600 | NS      | $2488692.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL HEALTH INVESTORS, INC.                 | NATL HEALTH INVESTORS INC REIT            | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               |  | US        |     17100 | NS      | $1005993.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SONIC AUTOMOTIVE, INC.                          | SONIC AUTOMOTIVE INC-CLASS A COMMON STOCK | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               |  | US        |     36200 | NS      | $1944302.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ASSETS TRUST, INC.                     | AMERICAN ASSETS TRUST INC REIT            | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               |  | US        |     42400 | NS      | $1206704.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PDC ENERGY, INC.                                | PDC ENERGY INC COMMON STOCK               | CUSIP: 69327R101<br>LEI: 5493008W8H2T511J5Y59 | Long             | EC               |  | US        |     65000 | NS      | $4402450.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CITY OFFICE REIT, INC.                          | CITY OFFICE REIT INC REIT                 | CUSIP: 178587101<br>LEI: 5493003J7157VP25NL57 | Long             | EC               |  | US        |    130200 | NS      | $1281168.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TOWNE BANK                                      | TOWNE BANK COMMON STOCK                   | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               |  | US        |     35050 | NS      | $1067973.50   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANEX BUILDING PRODUCTS CORPORATION            | QUANEX BUILDING PRODUCTS COMMON STOCK     | CUSIP: 747619104<br>LEI: 5493000TL30VL5WOAW87 | Long             | EC               |  | US        |     58460 | NS      | $1513529.40   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| INFORMATION SERVICES GROUP, INC.                | INFORMATION SERVICES GROUP COMMON STOCK   | CUSIP: 45675Y104<br>LEI: 549300ZUNI6DQ0G8Q273 | Long             | EC               |  | US        |    182750 | NS      | $957610.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| KOHL'S CORPORATION                              | KOHLS CORP COMMON STOCK                   | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               |  | US        |     48200 | NS      | $1560234.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX CORPORATION                           | TD SYNNEX CORP COMMON STOCK               | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               |  | US        |     10400 | NS      | $1062360.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SUPER MICRO COMPUTER, INC.                      | SUPER MICRO COMPUTER INC COMMON STOCK     | CUSIP: 86800U104<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               |  | US        |     17400 | NS      | $1258542.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TANGER FACTORY OUTLET CENTERS, INC.             | TANGER FACTORY OUTLET CENTER REIT         | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               |  | US        |    137800 | NS      | $2633358.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| OFFICE PROPERTIES INCOME TRUST                  | OFFICE PROPERTIES INCOME TRU REIT         | CUSIP: 67623C109<br>LEI: N/A                  | Long             | EC               |  | US        |     58300 | NS      | $1000428.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HORIZON BANCORP, INC.                           | HORIZON BANCORP INC/IN COMMON STOCK       | CUSIP: 440407104<br>LEI: 549300U2OQ2EIT5MXG39 | Long             | EC               |  | US        |     65642 | NS      | $1026640.88   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT, Inc.                    | APPLE HOSPITALITY REIT INC REIT           | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               |  | US        |    147700 | NS      | $2618721.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ENNIS, INC.                                     | ENNIS INC COMMON STOCK                    | CUSIP: 293389102<br>LEI: N/A                  | Long             | EC               |  | US        |     60900 | NS      | $1293516.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN HEALTHCARE SERVICES, INC.                   | AMN HEALTHCARE SERVICES INC COMMON STOCK  | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               |  | US        |     12521 | NS      | $1200012.64   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CARTER'S, INC.                                  | CARTER'S INC COMMON STOCK                 | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               |  | US        |     20600 | NS      | $1717422.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOW GROUP INC.                              | BRISTOW GROUP INC COMMON STOCK            | CUSIP: 11040G103<br>LEI: 5493005Q24EN3UC1PV68 | Long             | EC               |  | US        |     10600 | NS      | $323724.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANKLIN STREET PROPERTIES CORP.                | FRANKLIN STREET PROPERTIES C REIT         | CUSIP: 35471R106<br>LEI: 549300STLK2T6QY5WO82 | Long             | EC               |  | US        |    190100 | NS      | $585508.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIAN GROUP INC.                               | RADIAN GROUP INC COMMON STOCK             | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               |  | US        |    113000 | NS      | $2497300.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| IRONWOOD PHARMACEUTICALS, INC.                  | IRONWOOD PHARMACEUTICALS INC COMMON STOCK | CUSIP: 46333X108<br>LEI: 549300PC8MR6QHH6P296 | Long             | EC               |  | US        |    339300 | NS      | $3908736.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

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

**Signature:** Andy Metzger

**Name of Signer:** Andy Metzger

**Title:** CFO