# EDGAR Filing Document

**Accession Number:** 0000890540
**File Stem:** 0002048251-26-002800
**Filing Date:** 2026-4
**Character Count:** 15666
**Document Hash:** 14b4653aa5c6590781799737938f2608
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-002800.hdr.sgml**: 20260401

**ACCESSION NUMBER**: 0002048251-26-002800

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260401

**DATE AS OF CHANGE**: 20260401

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisors' Inner Circle Fund II
- **CENTRAL INDEX KEY:** 0000890540

**ORGANIZATION NAME:**
- **EIN:** 233040006
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07102
- **FILM NUMBER:** 26825606

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** 6106761000

**MAIL ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Advisors Inner Circle Fund II
- **DATE OF NAME CHANGE:** 20041029

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ARBOR FUND
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### CastleArk Large Growth ETF (Series ID: S000083184)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000246700 | CastleArk Large Growth ETF | CARK            |

## Nport-Ex

---

| | |
|:---|:---|
| **The Advisors' Inner Circle Fund II** | **CastleArk** |
|  | **Large Growth ETF** |
|  | **January 31, 2026** |
|  | **(Unaudited)** |

---

---

| |
|:---|
| **SCHEDULE OF INVESTMENTS** |
| **COMMON STOCK — 96.5%** |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Communication Services — 14.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Alphabet, Cl A | 79139 | $26748982 |
| &nbsp;&nbsp;&nbsp;Meta Platforms, Cl A | 23646 | 16942359 |
|  |  | 43691341 |
| **Consumer Discretionary — 11.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Amazon.com \* | 80779 | 19330415 |
| &nbsp;&nbsp;&nbsp;Booking Holdings | 952 | 4761752 |
| &nbsp;&nbsp;&nbsp;Ferrari | 3002 | 1000176 |
| &nbsp;&nbsp;&nbsp;Tapestry | 36864 | 4678410 |
| &nbsp;&nbsp;&nbsp;Ulta Beauty \* | 7861 | 5088897 |
|  |  | 34859650 |
| **Financials — 11.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Blackstone | 43548 | 6202106 |
| &nbsp;&nbsp;&nbsp;Charles Schwab | 90115 | 9364751 |
| &nbsp;&nbsp;&nbsp;Mastercard, Cl A | 18276 | 9846926 |
| &nbsp;&nbsp;&nbsp;Visa, Cl A | 29103 | 9366219 |
|  |  | 34780002 |
| **Health Care — 7.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Eli Lilly | 14173 | 14699527 |
| &nbsp;&nbsp;&nbsp;Gilead Sciences | 46616 | 6617141 |
| &nbsp;&nbsp;&nbsp;Insulet \* | 5657 | 1447117 |
|  |  | 22763785 |
| **Industrials — 4.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Axon Enterprise \* | 1719 | 831274 |
| &nbsp;&nbsp;&nbsp;GE Vernova | 7861 | 5709994 |
| &nbsp;&nbsp;&nbsp;Uber Technologies \* | 32776 | 2623719 |
| &nbsp;&nbsp;&nbsp;Vertiv Holdings, Cl A | 21677 | 4035824 |
|  |  | 13200811 |
| **Information Technology — 48.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Advanced Micro Devices \* | 8726 | 2065706 |
| &nbsp;&nbsp;&nbsp;Analog Devices | 6342 | 1971601 |
| &nbsp;&nbsp;&nbsp;Apple | 64936 | 16849593 |
| &nbsp;&nbsp;&nbsp;Arista Networks \* | 69307 | 9823574 |
| &nbsp;&nbsp;&nbsp;Broadcom | 34170 | 11320521 |
| &nbsp;&nbsp;&nbsp;Lam Research | 61266 | 14303160 |
| &nbsp;&nbsp;&nbsp;Microchip Technology | 57854 | 4392276 |
| &nbsp;&nbsp;&nbsp;Microsoft | 52500 | 22590225 |
| &nbsp;&nbsp;&nbsp;NVIDIA | 260706 | 49828738 |
| &nbsp;&nbsp;&nbsp;ServiceNow \* | 47190 | 5521702 |
| &nbsp;&nbsp;&nbsp;Shopify, Cl A \* | 61052 | 8011854 |
| &nbsp;&nbsp;&nbsp;Snowflake, Cl A \* | 26622 | 5130059 |
|  |  | 151809009 |
| **Total Common Stock** |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $215,059,535) |  | 301104598 |
| **Total Investments - 96.5%** |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $215,059,535) |  | $301104598 |

---

Percentages are based on Net Assets of $311,883,623

\* Non-Income producing security.

Cl — Class

CSA-NQ-001-0500

*1*

## 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 II

- **b. Investment Company Act file number:** 811-07102

- **c. CIK number of Registrant:** 0000890540

- **d. LEI of Registrant:** 549300OEHDTB2ALCAX69

- **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:** CastleArk Large Growth ETF

- **b. EDGAR series identifier (if any):** S000083184

- **c. LEI of Series:** 529900UTHHOX7P2WBB30

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $311989528.07

**Total Liabilities:** $101290.69

**Net Assets:** $311888237.38

**Cash Not Reported:** $10859504.60

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246700 | 0.05%                | 0.06%                | -2.95%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-744151.72              | $1003329.75                                |
| Month 2  | $3351527.38              | $-3150083.33                               |
| Month 3  | $5602396.20              | $-16725625.76                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LAM RESEARCH CORPORATION          | LAM RESEARCH CORP COMMON STOCK        | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               |  | US        |     61266 | NS      | $14303160.36  | 4.59%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC.                   | GE VERNOVA INC COMMON STOCK           | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               |  | US        |      7861 | NS      | $5709994.57   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKSTONE INC.                   | BLACKSTONE INC COMMON STOCK           | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               |  | US        |     43548 | NS      | $6202106.16   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| INSULET CORPORATION               | INSULET CORP COMMON STOCK             | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               |  | US        |      5657 | NS      | $1447117.17   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC.                         | VISA INC-CLASS A SHARES COMMON STOCK  | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               |  | US        |     29103 | NS      | $9366218.49   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS, INC.              | META PLATFORMS INC COMMON STOCK       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               |  | US        |     23646 | NS      | $16942359.00  | 5.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                  | AMAZON.COM INC COMMON STOCK           | CUSIP: N/A<br>LEI: ZXTILKJKG63JELOEG630       | Long             | EC               |  | US        |     80779 | NS      | $19330414.70  | 6.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY AND COMPANY             | ELI LILLY & CO COMMON STOCK           | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               |  | US        |     14173 | NS      | $14699526.95  | 4.71%             |  |  |  | No            |                  1 | On Loan: No      |
| AXON ENTERPRISE, INC.             | AXON ENTERPRISE INC COMMON STOCK      | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               |  | US        |      1719 | NS      | $831274.02    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC.                        | APPLE INC COMMON STOCK                | CUSIP: N/A<br>LEI: HWUPKR0MPOU8FGXBT394       | Long             | EC               |  | US        |     64936 | NS      | $16849593.28  | 5.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrari N.V.                      | FERRARI NV COMMON STOCK               | CUSIP: N3167Y103<br>LEI: 549300RIVY5EX8RCON76 | Long             | EC               |  | US        |      3002 | NS      | $1000176.34   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTIV HOLDINGS CO                | VERTIV HOLDINGS CO-A COMMON STOCK     | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               |  | US        |     21677 | NS      | $4035823.86   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TAPESTRY, INC.                    | TAPESTRY INC COMMON STOCK             | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               |  | US        |     36864 | NS      | $4678410.24   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.             | GILEAD SCIENCES INC COMMON STOCK      | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               |  | US        |     46616 | NS      | $6617141.20   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROCHIP TECHNOLOGY INCORPORATED | MICROCHIP TECHNOLOGY INC COMMON STOCK | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               |  | US        |     57854 | NS      | $4392275.68   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORPORATION             | MICROSOFT CORP COMMON STOCK           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               |  | US        |     52500 | NS      | $22590225.00  | 7.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES, INC.      | ADVANCED MICRO DEVICES COMMON STOCK   | CUSIP: N/A<br>LEI: R2I72C950HOYXII45366       | Long             | EC               |  | US        |      8726 | NS      | $2065705.98   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES, INC.           | UBER TECHNOLOGIES INC COMMON STOCK    | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               |  | US        |     32776 | NS      | $2623718.80   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTA BEAUTY, INC.                 | ULTA BEAUTY INC COMMON STOCK          | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               |  | US        |      7861 | NS      | $5088896.96   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                     | ALPHABET INC-CL A COMMON STOCK        | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |     79139 | NS      | $26748982.00  | 8.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORPORATION                | NVIDIA CORP COMMON STOCK              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               |  | US        |    260706 | NS      | $49828737.78  | 15.98%            |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INCORPORATED.          | MASTERCARD INC - A COMMON STOCK       | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               |  | US        |     18276 | NS      | $9846926.04   | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CHARLES SCHWAB CORPORATION    | SCHWAB (CHARLES) CORP COMMON STOCK    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               |  | US        |     90115 | NS      | $9364750.80   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC.             | BOOKING HOLDINGS INC COMMON STOCK     | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               |  | US        |       952 | NS      | $4761751.68   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| SNOWFLAKE INC.                    | SNOWFLAKE INC COMMON STOCK            | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               |  | US        |     26622 | NS      | $5130059.40   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOPIFY INC.                      | SHOPIFY INC - CLASS A COMMON STOCK    | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               |  | US        |     61052 | NS      | $8011853.96   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC.                     | BROADCOM INC COMMON STOCK             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               |  | US        |     34170 | NS      | $11320521.00  | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS, INC.             | ARISTA NETWORKS INC COMMON STOCK      | CUSIP: N/A<br>LEI: 635400H1WKBLOQERUU95       | Long             | EC               |  | US        |     69307 | NS      | $9823574.18   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW, INC.                  | SERVICENOW INC COMMON STOCK           | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               |  | US        |     47190 | NS      | $5521701.90   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ANALOG DEVICES, INC.              | ANALOG DEVICES INC COMMON STOCK       | CUSIP: N/A<br>LEI: GYVOE5EZ4GDAVTU4CQ61       | Long             | EC               |  | US        |      6342 | NS      | $1971600.96   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-31

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

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

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