# EDGAR Filing Document

**Accession Number:** 0000878719
**File Stem:** 0002048251-25-000428
**Filing Date:** 2025-9
**Character Count:** 15318
**Document Hash:** b671b9b743c3d2d101c6bba7e0eae298
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-25-000428.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0002048251-25-000428

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250929

**DATE AS OF CHANGE**: 20250929

**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:** 251352540

**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

### Cambiar Aggressive Value ETF (Series ID: S000077620)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000238108 | Cambiar Aggressive Value ETF | CAMX            |

## Nport-Ex

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND** | **CAMBIAR AGGRESSIVE VALUE ETF** |
|  | **JULY 31, 2025 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
| **SCHEDULE OF INVESTMENTS** | | |
| **COMMON STOCK — 93.8%** | | |
|  |<br>**Shares** |<br>**Value** |
| **FRANCE — 3.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Airbus ADR | 35820 | $1799597 |
| **ITALY — 2.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Eni ADR | 48450 | 1649238 |
| **JAPAN — 7.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Nintendo ADR | 100195 | 2104095 |
| &nbsp;&nbsp;&nbsp;Shimano ADR | 188000 | 2054840 |
|  |  | 4158935 |
| **NETHERLANDS — 2.9%** |  |  |
| &nbsp;&nbsp;&nbsp;NXP Semiconductors | 8000 | 1710160 |
| **UNITED KINGDOM — 2.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Diageo ADR | 16248 | 1591491 |
| **UNITED STATES — 75.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Airbnb \* | 15839 | 2097242 |
| &nbsp;&nbsp;&nbsp;Alphabet | 14400 | 2763360 |
| &nbsp;&nbsp;&nbsp;American Express | 3166 | 947616 |
| &nbsp;&nbsp;&nbsp;Bristol-Myers Squibb | 44536 | 1928854 |
| &nbsp;&nbsp;&nbsp;Centene \* | 35175 | 917012 |
| &nbsp;&nbsp;&nbsp;Chevron | 14000 | 2122960 |
| &nbsp;&nbsp;&nbsp;CME Group | 4156 | 1156532 |
| &nbsp;&nbsp;&nbsp;Comcast | 51500 | 1711345 |
| &nbsp;&nbsp;&nbsp;Constellation Brands | 10700 | 1787328 |
| &nbsp;&nbsp;&nbsp;Delta Air Lines | 43240 | 2300800 |
| &nbsp;&nbsp;&nbsp;Elevance Health | 9500 | 2689260 |
| &nbsp;&nbsp;&nbsp;Energy Transfer | 110420 | 1991977 |
| &nbsp;&nbsp;&nbsp;Estee Lauder | 25601 | 2389597 |
| &nbsp;&nbsp;&nbsp;Flutter Entertainment \* | 10392 | 3141086 |
| &nbsp;&nbsp;&nbsp;Labcorp Holdings | 8100 | 2106648 |
| &nbsp;&nbsp;&nbsp;Medtronic | 26226 | 2366634 |
| &nbsp;&nbsp;&nbsp;PPG Industries | 17821 | 1880116 |
| &nbsp;&nbsp;&nbsp;Schlumberger | 41000 | 1385800 |
| &nbsp;&nbsp;&nbsp;Target | 18210 | 1830105 |
| &nbsp;&nbsp;&nbsp;Texas Instruments | 9800 | 1774388 |
| &nbsp;&nbsp;&nbsp;Uber Technologies \* | 29844 | 2618811 |
| &nbsp;&nbsp;&nbsp;Union Pacific | 9500 | 2108715 |
|  |  | 44016186 |
| &nbsp;&nbsp;&nbsp;TOTAL COMMON STOCK |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $50,023,077) |  | 54925607 |
| TOTAL INVESTMENTS — 93.8% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $50,023,077) |  | $54925607 |

---

---

| | |
|:---|:---|
|  | *Percentages are based on Net Assets of $58,577,679.* |
| *\** | *Non-income producing security.* |

---

*ADR — American Depositary Receipt*

 

*CMB-QH-010-3600*

 

**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

- **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:** Cambiar Aggressive Value ETF

- **b. EDGAR series identifier (if any):** S000077620

- **c. LEI of Series:** 549300UZASXOLSRXOU03

**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:** $58607339.08

**Total Liabilities:** $27699.16

**Net Assets:** $58579639.92

**Cash Not Reported:** $3673852.98

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000238108 | -3.77%               | 5.26%                | 3.06%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $973301.58               | $-3333293.89                               |
| Month 2  | $387277.56               | $2620686.10                                |
| Month 3  | $327201.34               | $1264636.87                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LABCORP HOLDINGS INC.                        | LABCORP HOLDINGS INC COMMON STOCK              | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               |  | US        |      8100 | NS      | $2106648.00   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ENI S.P.A.                                   | ENI SPA-SPONSORED ADR DEPOSITARY RECEIPT       | CUSIP: 26874R108<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | EC               |  | US        |     48450 | NS      | $1649238.00   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION BRANDS, INC.                   | CONSTELLATION BRANDS INC-A COMMON STOCK        | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               |  | US        |     10700 | NS      | $1787328.00   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG INDUSTRIES, INC.                         | PPG INDUSTRIES INC COMMON STOCK                | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               |  | US        |     17821 | NS      | $1880115.50   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA AIR LINES, INC.                        | DELTA AIR LINES INC COMMON STOCK               | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               |  | US        |     43240 | NS      | $2300800.40   | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                      | BRISTOL-MYERS SQUIBB CO COMMON STOCK           | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               |  | US        |     44536 | NS      | $1928854.16   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION                          | COMCAST CORP-CLASS A COMMON STOCK              | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               |  | US        |     51500 | NS      | $1711345.00   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| FLUTTER ENTERTAINMENT PUBLIC LIMITED COMPANY | FLUTTER ENTERTAINMENT PLC-DI COMMON STOCK      | CUSIP: G3643J108<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               |  | US        |     10392 | NS      | $3141085.92   | 5.36%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ESTEE LAUDER COMPANIES INC.              | ESTEE LAUDER COMPANIES-CL A COMMON STOCK       | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               |  | US        |     25601 | NS      | $2389597.34   | 4.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INCORPORATED               | TEXAS INSTRUMENTS INC COMMON STOCK             | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               |  | US        |      9800 | NS      | $1774388.00   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES, INC.                      | UBER TECHNOLOGIES INC COMMON STOCK             | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               |  | US        |     29844 | NS      | $2618811.00   | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAGEO PLC                                   | DIAGEO PLC-SPONSORED ADR DEPOSITARY RECEIPT    | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               |  | US        |     16248 | NS      | $1591491.60   | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH, INC.                        | ELEVANCE HEALTH INC COMMON STOCK               | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               |  | US        |      9500 | NS      | $2689260.00   | 4.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co., Ltd.                           | NINTENDO CO LTD-UNSPONS ADR DEPOSITARY RECEIPT | CUSIP: 654445303<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               |  | US        |    100195 | NS      | $2104095.00   | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| SHIMANO INC.                                 | SHIMANO INC-UNSPON ADR DEPOSITARY RECEIPT      | CUSIP: 82455C101<br>LEI: 529900L32YT3P9DECR10 | Long             | EC               |  | US        |    170220 | NS      | $1860504.60   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CME GROUP INC.                               | CME GROUP INC COMMON STOCK                     | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               |  | US        |      4156 | NS      | $1156531.68   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTENE CORPORATION                          | CENTENE CORP COMMON STOCK                      | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               |  | US        |     35175 | NS      | $917012.25    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                     | AMERICAN EXPRESS CO COMMON STOCK               | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               |  | US        |      3166 | NS      | $947615.46    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger N.V.                            | SCHLUMBERGER LTD COMMON STOCK                  | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               |  | US        |     41000 | NS      | $1385800.00   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                           | ENERGY TRANSFER LP PARTNERSHIP SHARES          | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               |  | US        |    110420 | NS      | $1991976.80   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors N.V.                      | NXP SEMICONDUCTORS NV COMMON STOCK             | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               |  | US        |      8000 | NS      | $1710160.00   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| UNION PACIFIC CORPORATION                    | UNION PACIFIC CORP COMMON STOCK                | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               |  | US        |      9500 | NS      | $2108715.00   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORPORATION                          | CHEVRON CORP COMMON STOCK                      | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               |  | US        |     14000 | NS      | $2122960.00   | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORPORATION                           | TARGET CORP COMMON STOCK                       | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               |  | US        |     18210 | NS      | $1830105.00   | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRBNB, INC.                                 | AIRBNB INC-CLASS A COMMON STOCK                | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               |  | US        |     15839 | NS      | $2097241.99   | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                | ALPHABET INC-CL A COMMON STOCK                 | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |     14400 | NS      | $2763360.00   | 4.72%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY             | MEDTRONIC PLC COMMON STOCK                     | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               |  | US        |     26226 | NS      | $2366634.24   | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                    | AIRBUS SE - UNSP ADR DEPOSITARY RECEIPT        | CUSIP: 009279100<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               |  | US        |     35820 | NS      | $1799596.80   | 3.07%             |  |  |  | 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