# EDGAR Filing Document

**Accession Number:** 0000878719
**File Stem:** 0002048251-25-000234
**Filing Date:** 2025-9
**Character Count:** 22328
**Document Hash:** 2bfb1620e424a9b8e5a23ffd020a4814
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-25-000234.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0002048251-25-000234

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06400
- **FILM NUMBER:** 251347591

**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

### SANDS CAPITAL GLOBAL GROWTH FUND (Series ID: S000028356)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000086650 | INSTITUTIONAL CLASS SHARES | SCMGX           |
| C000086651 | INVESTOR CLASS SHARES      | SCGVX           |

## Nport-Ex

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND** | **SANDS CAPITAL GLOBAL** |
|  | **GROWTH FUND** |
|  | **July 31, 2025** (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Schedule of Investments** | | |
| **Common Stock — 97.3%** | | |
|  |<br>**SHARES** |<br>**VALUE** |
| **Argentina — 4.0%** |  |  |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary — 4.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;MercadoLibre \* | 19695 | $46753764 |
| **Total Argentina** |  | 46753764 |
| **Australia — 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;**Health Care — 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Pro Medicus | 55388 | 11374158 |
| **Total Australia** |  | 11374158 |
| **Canada — 4.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Information Technology — 2.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Shopify, Cl A \* | 226667 | 27700974 |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary — 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollarama | 163081 | 22289463 |
| **Total Canada** |  | 49990437 |
| **Denmark — 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary — 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Pandora | 117675 | 19427634 |
| **Total Denmark** |  | 19427634 |
| **Germany — 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Communication Services — 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CTS Eventim & KGaA | 88939 | 10043395 |
| **Total Germany** |  | 10043395 |
| **India — 7.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Financials — 4.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bajaj Finance | 2815230 | 28173045 |
| &nbsp;&nbsp;&nbsp;&nbsp;HDFC Bank | 1140275 | 26167387 |
|  |  | 54340432 |

---

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND** | **SANDS CAPITAL GLOBAL** |
|  | **GROWTH FUND** |
|  | **July 31, 2025** (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Common Stock — continued** | | |
|  |<br>**SHARES** |<br>**VALUE** |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary — 2.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Titan | 717007 | $27293890 |
| **Total India** |  | 81634322 |
| **Japan — 2.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Information Technology — 2.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Keyence | 80300 | 29047036 |
| **Total Japan** |  | 29047036 |
| **Netherlands — 4.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**Financials — 3.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adyen \* | 23305 | 39971646 |
| &nbsp;&nbsp;&nbsp;**Information Technology — 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ASML Holding, Cl G | 21174 | 14709790 |
| **Total Netherlands** |  | 54681436 |
| **Sweden — 2.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**Communication Services — 2.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Spotify Technology \* | 50884 | 31880861 |
| **Total Sweden** |  | 31880861 |
| **Switzerland — 3.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Health Care — 2.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Galderma Group \* | 200530 | 30905310 |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary — 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;On Holding, Cl A \* | 284835 | 13834436 |
| **Total Switzerland** |  | 44739746 |
| **Taiwan — 3.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Information Technology — 3.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing ADR | 159141 | 38451648 |
| **Total Taiwan** |  | 38451648 |

---

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND** | **SANDS CAPITAL GLOBAL** |
|  | **GROWTH FUND** |
|  | **July 31, 2025** (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Common Stock — continued** | | |
|  |<br>**SHARES** |<br>**VALUE** |
| **United States — 61.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Information Technology — 17.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlassian, Cl A \* | 125436 | $24056116 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cloudflare, Cl A \* | 126366 | 26243691 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVIDIA | 544497 | 96849681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samsara, Cl A \* | 583770 | 22200773 |
| &nbsp;&nbsp;&nbsp;&nbsp;ServiceNow \* | 35506 | 33486419 |
|  |  | 202836680 |
| &nbsp;&nbsp;&nbsp;**Industrials — 7.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Axon Enterprise \* | 62623 | 47311050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Builders FirstSource \* | 113194 | 14390353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carlisle | 43326 | 15368166 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tetra Tech | 335232 | 12316424 |
|  |  | 89385993 |
| &nbsp;&nbsp;&nbsp;**Financials — 9.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Block, Cl A \* | 396855 | 30661017 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intercontinental Exchange | 172506 | 31884284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Visa, Cl A | 136656 | 47210549 |
|  |  | 109755850 |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary — 11.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com \* | 239445 | 56056469 |
| &nbsp;&nbsp;&nbsp;&nbsp;DoorDash, Cl A \* | 159295 | 39863573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flutter Entertainment \* | 132115 | 39933080 |
|  |  | 135853122 |
| &nbsp;&nbsp;&nbsp;**Communication Services — 7.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Cl A | 196677 | 37742316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Netflix \* | 45125 | 52317925 |
|  |  | 90060241 |
| &nbsp;&nbsp;&nbsp;**Health Care — 6.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dexcom \* | 313469 | 25318891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical \* | 65115 | 31326175 |
| &nbsp;&nbsp;&nbsp;&nbsp;iRhythm Technologies \* | 143278 | 20084710 |

---

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND** | **SANDS CAPITAL GLOBAL** |
|  | **GROWTH FUND** |
|  | **July 31, 2025** (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Common Stock — continued** | | |
|  |<br>**SHARES** |<br>**VALUE** |
| &nbsp;&nbsp;&nbsp;**Health Care — (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Repligen \* | 25506 | $2985988 |
|  |  | 79715764 |
| **Total United States** |  | 707607650 |
| **Total Common Stock** |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $624,252,137) |  | 1125632087 |
| &nbsp;&nbsp;&nbsp;**Total Investments— 97.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $624,252,137) |  | $1125632087 |

---

Percentages are based on Net Assets of $1,157,136,535.

\* Non-income producing security.

ADR — American Depositary Receipt

Cl — Class

SAN-QH-001-3100

## 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:** Sands Capital Global Growth Fund

- **b. EDGAR series identifier (if any):** S000028356

- **c. LEI of Series:** 549300GDMGRRHD6CEV12

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

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

- **b. Date as of which information is reported:** 2025-07-31

**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:** $1165355880.77

**Total Liabilities:** $8236037.64

**Net Assets:** $1157119843.13

**Cash Not Reported:** $7972.14

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000086651 | -2.60%               | 5.12%                | 9.60%                |
| Class ID C000086650 | -2.60%               | 5.14%                | 9.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $12284308.39             | $-42856595.42                              |
| Month 2  | $13424386.58             | $45060590.07                               |
| Month 3  | $44920810.11             | $59590570.83                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FLUTTER ENTERTAINMENT PUBLIC LIMITED COMPANY | FLUTTER ENTERTAINMENT PLC-DI COMMON STOCK      | CUSIP: G3643J108<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               |  | US        |    132115 | NS      | $39933079.90  | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CARLISLE COMPANIES INCORPORATED              | CARLISLE COS INC COMMON STOCK                  | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               |  | US        |     43326 | NS      | $15368165.46  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX, INC.                                | NETFLIX INC COMMON STOCK                       | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               |  | US        |     45125 | NS      | $52317925.00  | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.              | INTERCONTINENTAL EXCHANGE IN COMMON STOCK      | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               |  | US        |    153885 | NS      | $28442564.55  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CLOUDFLARE, INC.                             | CLOUDFLARE INC - CLASS A COMMON STOCK          | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               |  | US        |    126366 | NS      | $26243690.88  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOPIFY INC.                                 | SHOPIFY INC - CLASS A COMMON STOCK             | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               |  | US        |    226667 | NS      | $27700974.07  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Pro Medicus Ltd                              | PRO MEDICUS LTD COMMON STOCK                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | AU        |     55388 | NS      | $11374158.34  | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| On Holding AG                                | ON HOLDING AG-CLASS A COMMON STOCK             | CUSIP: H5919C104<br>LEI: 506700FB3467B9W95526 | Long             | EC               |  | US        |    284835 | NS      | $13834435.95  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW, INC.                             | SERVICENOW INC COMMON STOCK                    | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               |  | US        |     35506 | NS      | $33486418.72  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre, Inc.                           | MERCADOLIBRE INC COMMON STOCK                  | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               |  | US        |     19695 | NS      | $46753763.55  | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsara Inc                                  | SAMSARA INC-CL A COMMON STOCK                  | CUSIP: 79589L106<br>LEI: N/A                  | Long             | EC               |  | US        |    583770 | NS      | $22200773.10  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| REPLIGEN CORPORATION                         | REPLIGEN CORP COMMON STOCK                     | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               |  | US        |     33158 | NS      | $3881807.06   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Eventim AG & Co. KGaA                    | CTS EVENTIM AG & CO KGAA COMMON STOCK          | CUSIP: N/A<br>LEI: 529900FDHSN08UBJII80       | Long             | EC               |  | DE        |     88939 | NS      | $10043394.89  | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding N.V.                            | ASML HOLDING NV-NY REG SHS DEPOSITARY RECEIPT  | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               |  | US        |     21174 | NS      | $14709789.54  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TITAN COMPANY LIMITED                        | TITAN CO LTD COMMON STOCK                      | CUSIP: N/A<br>LEI: 549300RO9VJWPK37FE54       | Long             | EC               |  | IN        |    717007 | NS      | $27293890.25  | 2.36%             |  |  |  | No            |                  2 | On Loan: No      |
| VISA INC.                                    | VISA INC-CLASS A SHARES COMMON STOCK           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               |  | US        |    136656 | NS      | $47210548.32  | 4.08%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SURGICAL, INC.                     | INTUITIVE SURGICAL INC COMMON STOCK            | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               |  | US        |     65115 | NS      | $31326175.35  | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| DEXCOM, INC.                                 | DEXCOM INC COMMON STOCK                        | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               |  | US        |    313469 | NS      | $25318891.13  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE, INC.                   | BUILDERS FIRSTSOURCE INC COMMON STOCK          | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               |  | US        |    113194 | NS      | $14390353.22  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Galderma Group Ltd                           | GALDERMA GROUP AG COMMON STOCK                 | CUSIP: N/A<br>LEI: 89450001OK6O8ELQ4584       | Long             | EC               |  | CH        |    200530 | NS      | $30905310.31  | 2.67%             |  |  |  | No            |                  2 | On Loan: No      |
| SPOTIFY TECHNOLOGY S.A.                      | SPOTIFY TECHNOLOGY SA COMMON STOCK             | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               |  | US        |     50884 | NS      | $31880861.36  | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| IRHYTHM TECHNOLOGIES, INC.                   | IRHYTHM TECHNOLOGIES INC COMMON STOCK          | CUSIP: 450056106<br>LEI: 549300FJI72RJGDQS384 | Long             | EC               |  | US        |    143278 | NS      | $20084710.04  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC BANK LIMITED                            | HDFC BANK LIMITED COMMON STOCK                 | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               |  | IN        |   1140275 | NS      | $26167386.49  | 2.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Adyen N.V.                                   | ADYEN NV COMMON STOCK                          | CUSIP: N/A<br>LEI: 724500973ODKK3IFQ447       | Long             | EC               |  | NL        |     23305 | NS      | $39971646.27  | 3.45%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AXON ENTERPRISE, INC.                        | AXON ENTERPRISE INC COMMON STOCK               | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               |  | US        |     62623 | NS      | $47311050.27  | 4.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Pandora A/S                                  | PANDORA A/S COMMON STOCK                       | CUSIP: N/A<br>LEI: 5299007OWYZ6I1E46843       | Long             | EC               |  | DK        |    117675 | NS      | $19427633.59  | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| ATLASSIAN CORPORATION                        | ATLASSIAN CORP-CL A COMMON STOCK               | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               |  | US        |    125436 | NS      | $24056116.08  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYENCE CORPORATION                          | KEYENCE CORP COMMON STOCK                      | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               |  | JP        |     80300 | NS      | $29047035.98  | 2.51%             |  |  |  | No            |                  2 | On Loan: No      |
| BAJAJ FINANCE LIMITED                        | BAJAJ FINANCE LTD COMMON STOCK                 | CUSIP: N/A<br>LEI: 335800YTEXC3DO4Z6F68       | Long             | EC               |  | IN        |   2815230 | NS      | $28173045.10  | 2.43%             |  |  |  | No            |                  2 | On Loan: No      |
| DOORDASH, INC.                               | DOORDASH INC - A COMMON STOCK                  | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               |  | US        |    159295 | NS      | $39863573.75  | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORPORATION                           | NVIDIA CORP COMMON STOCK                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               |  | US        |    544497 | NS      | $96849681.39  | 8.37%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                             | AMAZON.COM INC COMMON STOCK                    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               |  | US        |    239445 | NS      | $56056468.95  | 4.84%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | BROWN BROTHERS HARRIMAN SWEEP INTEREST         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |  41510875 | PA      | $41510875.01  | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                | ALPHABET INC-CL A COMMON STOCK                 | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |    196677 | NS      | $37742316.30  | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLARAMA INC.                               | DOLLARAMA INC COMMON STOCK                     | CUSIP: 25675T107<br>LEI: 5493002GJ0NJP1HI0C79 | Long             | EC               |  | CA        |    163081 | NS      | $22289462.89  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA TECH, INC.                             | TETRA TECH INC COMMON STOCK                    | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               |  | US        |    335232 | NS      | $12316423.68  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | TAIWAN SEMICONDUCTOR-SP ADR DEPOSITARY RECEIPT | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               |  | US        |    159141 | NS      | $38451648.42  | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOCK, INC.                                  | BLOCK INC COMMON STOCK                         | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               |  | US        |    396855 | NS      | $30661017.30  | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-31

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

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

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