# EDGAR Filing Document

**Accession Number:** 0000878719
**File Stem:** 0001752724-23-074251
**Filing Date:** 2023-3
**Character Count:** 95438
**Document Hash:** 0fd9125f7fad84a7b1c5b2176f9c0a33
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-074251.hdr.sgml**: 20230330

**ACCESSION NUMBER**: 0001752724-23-074251

**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:** 23779790

**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 CONSERVATIVE VALUE EQUITY FUND (Series ID: S000016708)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000046678 | Institutional Class Shares | LSVVX           |
| C000142890 | Investor Class Shares      | LVAVX           |

## Nport-Ex

**Schedule of Investments**

January 31, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Common Stock (99.1%)** | **Common Stock (99.1%)** | **Common Stock (99.1%)** |
|  **Aerospace & Defense (1.2%)** | **Aerospace & Defense (1.2%)** | **Aerospace & Defense (1.2%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; General Dynamics | 1700 | $396 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lockheed Martin | 800 | 371 |
| &nbsp;&nbsp;&nbsp;&nbsp; Raytheon Technologies | 4200 | 419 |
| &nbsp;&nbsp;&nbsp;&nbsp; Textron | 7000 | 510 |
|  |  | 1696 |
|  **Agricultural Operations (0.7%)** | **Agricultural Operations (0.7%)** | **Agricultural Operations (0.7%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Archer-Daniels-Midland | 13100 | 1085 |
|  **Agricultural Products (0.2%)** | **Agricultural Products (0.2%)** | **Agricultural Products (0.2%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Ingredion | 3100 | 319 |
|  **Air Freight & Logistics (0.7%)** | **Air Freight & Logistics (0.7%)** | **Air Freight & Logistics (0.7%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; FedEx | 5300 | 1027 |
|  **Aircraft (0.5%)** | **Aircraft (0.5%)** | **Aircraft (0.5%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Delta Air Lines\* | 12200 | 477 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Airlines Holdings\* | 3900 | 191 |
|  |  | 668 |
|  **Apparel Retail (0.3%)** | **Apparel Retail (0.3%)** | **Apparel Retail (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Foot Locker | 10100 | 439 |
|  **Asset Management & Custody Banks (1.8%)** | **Asset Management & Custody Banks (1.8%)** | **Asset Management & Custody Banks (1.8%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Ameriprise Financial | 1900 | 665 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank of New York Mellon | 21100 | 1067 |
| &nbsp;&nbsp;&nbsp;&nbsp; FS KKR Capital | 12100 | 238 |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street | 7900 | 722 |
|  |  | 2692 |
|  **Automotive (2.7%)** | **Automotive (2.7%)** | **Automotive (2.7%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; BorgWarner | 10200 | 482 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ford Motor | 76100 | 1028 |
| &nbsp;&nbsp;&nbsp;&nbsp; General Motors | 33000 | 1298 |
| &nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber\* | 17465 | 196 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lear | 2400 | 350 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thor Industries | 6200 | 591 |
|  |  | 3945 |
|  **Automotive Retail (0.7%)** | **Automotive Retail (0.7%)** | **Automotive Retail (0.7%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; AutoNation\* | 4400 | 557 |
| &nbsp;&nbsp;&nbsp;&nbsp; AutoZone\* | 200 | 488 |
|  |  | 1045 |
|  **Banks (7.9%)** | **Banks (7.9%)** | **Banks (7.9%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank of America | 45200 | 1603 |
| &nbsp;&nbsp;&nbsp;&nbsp; Citizens Financial Group | 13600 | 589 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fifth Third Bancorp | 12200 | 443 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Chase | 21100 | 2953 |
| &nbsp;&nbsp;&nbsp;&nbsp; KeyCorp | 29800 | 572 |
| &nbsp;&nbsp;&nbsp;&nbsp; PNC Financial Services Group | 5700 | 943 |
| &nbsp;&nbsp;&nbsp;&nbsp; Regions Financial | 28300 | 666 |
| &nbsp;&nbsp;&nbsp;&nbsp; Synovus Financial | 8200 | 344 |

---

---

| | | |
|:---|:---|:---|
| **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Truist Financial | 11600 | 573 |
| &nbsp;&nbsp;&nbsp;&nbsp; US Bancorp | 9300 | 463 |
| &nbsp;&nbsp;&nbsp;&nbsp; Wells Fargo | 46700 | 2189 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zions Bancorp | 7200 | 383 |
|  |  | 11721 |
|  **Biotechnology (3.5%)** | **Biotechnology (3.5%)** | **Biotechnology (3.5%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Amgen | 4200 | 1060 |
| &nbsp;&nbsp;&nbsp;&nbsp; Biogen\* | 2900 | 844 |
| &nbsp;&nbsp;&nbsp;&nbsp; Gilead Sciences | 23750 | 1993 |
| &nbsp;&nbsp;&nbsp;&nbsp; Incyte\* | 8100 | 690 |
| &nbsp;&nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals\* | 700 | 531 |
|  |  | 5118 |
|  **Broadcasting (0.7%)** | **Broadcasting (0.7%)** | **Broadcasting (0.7%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Fox | 15500 | 526 |
| &nbsp;&nbsp;&nbsp;&nbsp; Nexstar Media Group, Cl A | 2500 | 512 |
|  |  | 1038 |
|  **Building & Construction (1.6%)** | **Building & Construction (1.6%)** | **Building & Construction (1.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Builders FirstSource\* | 7500 | 598 |
| &nbsp;&nbsp;&nbsp;&nbsp; Owens Corning | 5800 | 561 |
| &nbsp;&nbsp;&nbsp;&nbsp; PulteGroup | 8700 | 495 |
| &nbsp;&nbsp;&nbsp;&nbsp; Toll Brothers | 11100 | 660 |
|  |  | 2314 |
|  **Chemicals (2.4%)** | **Chemicals (2.4%)** | **Chemicals (2.4%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Celanese, Cl A | 3800 | 468 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chemours | 11400 | 415 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dow | 9100 | 540 |
| &nbsp;&nbsp;&nbsp;&nbsp; DuPont de Nemours | 9300 | 688 |
| &nbsp;&nbsp;&nbsp;&nbsp; Eastman Chemical | 4700 | 415 |
| &nbsp;&nbsp;&nbsp;&nbsp; Huntsman | 11400 | 361 |
| &nbsp;&nbsp;&nbsp;&nbsp; LyondellBasell Industries, Cl A | 7200 | 696 |
|  |  | 3583 |
|  **Commercial Services (0.1%)** | **Commercial Services (0.1%)** | **Commercial Services (0.1%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Western Union | 10800 | 153 |
|  **Commodity Chemicals (0.2%)** | **Commodity Chemicals (0.2%)** | **Commodity Chemicals (0.2%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Tronox Holdings | 20000 | 343 |
|  **Computer & Electronics Retail (0.3%)** | **Computer & Electronics Retail (0.3%)** | **Computer & Electronics Retail (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Best Buy | 5600 | 497 |
|  **Computers & Services (3.0%)** | **Computers & Services (3.0%)** | **Computers & Services (3.0%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; DXC Technology\* | 3109 | 89 |
| &nbsp;&nbsp;&nbsp;&nbsp; eBay | 18700 | 926 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise | 54100 | 873 |
| &nbsp;&nbsp;&nbsp;&nbsp; HP | 24400 | 711 |
| &nbsp;&nbsp;&nbsp;&nbsp; International Business Machines | 6000 | 808 |
| &nbsp;&nbsp;&nbsp;&nbsp; NetApp | 4100 | 272 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oracle | 5200 | 460 |

---

------

**Schedule of Investments**

January 31, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Computers & Services (continued)** | **Computers & Services (continued)** | **Computers & Services (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Xerox Holdings | 20900 | 342 |
|  |  | 4481 |
|  **Consumer Discretionary (0.6%)** | **Consumer Discretionary (0.6%)** | **Consumer Discretionary (0.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Procter & Gamble | 6300 | 897 |
|  **Consumer Finance (0.3%)** | **Consumer Finance (0.3%)** | **Consumer Finance (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Synchrony Financial | 10800 | 397 |
|  **Drug Retail (0.3%)** | **Drug Retail (0.3%)** | **Drug Retail (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Walgreens Boots Alliance | 12100 | 446 |
|  **Electric Utilities (1.0%)** | **Electric Utilities (1.0%)** | **Electric Utilities (1.0%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Evergy | 8000 | 501 |
| &nbsp;&nbsp;&nbsp;&nbsp; NextEra Energy | 4400 | 328 |
| &nbsp;&nbsp;&nbsp;&nbsp; NRG Energy | 20100 | 688 |
|  |  | 1517 |
|  **Electrical Components & Equipment (0.6%)** | **Electrical Components & Equipment (0.6%)** | **Electrical Components & Equipment (0.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Acuity Brands | 2100 | 396 |
| &nbsp;&nbsp;&nbsp;&nbsp; Energizer Holdings | 14000 | 519 |
|  |  | 915 |
|  **Electrical Services (1.0%)** | **Electrical Services (1.0%)** | **Electrical Services (1.0%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Entergy | 6500 | 704 |
| &nbsp;&nbsp;&nbsp;&nbsp; PPL | 14300 | 423 |
| &nbsp;&nbsp;&nbsp;&nbsp; Vistra | 17700 | 408 |
|  |  | 1535 |
|  **Fertilizers & Agricultural Chemicals (0.3%)** | **Fertilizers & Agricultural Chemicals (0.3%)** | **Fertilizers & Agricultural Chemicals (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Mosaic | 9500 | 471 |
|  **Financial Services (4.4%)** | **Financial Services (4.4%)** | **Financial Services (4.4%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Ally Financial | 10200 | 332 |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital One Financial | 6900 | 821 |
| &nbsp;&nbsp;&nbsp;&nbsp; Citigroup | 22300 | 1165 |
| &nbsp;&nbsp;&nbsp;&nbsp; Discover Financial Services | 5400 | 630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Goldman Sachs Group | 4800 | 1756 |
| &nbsp;&nbsp;&nbsp;&nbsp; Morgan Stanley | 14900 | 1450 |
| &nbsp;&nbsp;&nbsp;&nbsp; Navient | 17400 | 330 |
|  |  | 6484 |
|  **Food Retail (0.4%)** | **Food Retail (0.4%)** | **Food Retail (0.4%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Sprouts Farmers Market\* | 17600 | 562 |
|  **Food, Beverage & Tobacco (2.8%)** | **Food, Beverage & Tobacco (2.8%)** | **Food, Beverage & Tobacco (2.8%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Altria Group | 23000 | 1036 |
| &nbsp;&nbsp;&nbsp;&nbsp; Conagra Brands | 11600 | 432 |
| &nbsp;&nbsp;&nbsp;&nbsp; JM Smucker | 4000 | 611 |
| &nbsp;&nbsp;&nbsp;&nbsp; Kellogg | 5400 | 370 |
| &nbsp;&nbsp;&nbsp;&nbsp; Molson Coors Beverage, Cl B | 11000 | 579 |
| &nbsp;&nbsp;&nbsp;&nbsp; Philip Morris International | 4800 | 500 |
| &nbsp;&nbsp;&nbsp;&nbsp; Pilgrim's Pride\* | 12200 | 296 |

---

---

| | | |
|:---|:---|:---|
| **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Food, Beverage & Tobacco (continued)** | **Food, Beverage & Tobacco (continued)** | **Food, Beverage & Tobacco (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Tyson Foods, Cl A | 5600 | 368 |
|  |  | 4192 |
|  **Forest Products (0.6%)** | **Forest Products (0.6%)** | **Forest Products (0.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Louisiana-Pacific | 7000 | 477 |
| &nbsp;&nbsp;&nbsp;&nbsp; Weyerhaeuser | 13800 | 475 |
|  |  | 952 |
|  **Gas/Natural Gas (0.3%)** | **Gas/Natural Gas (0.3%)** | **Gas/Natural Gas (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; UGI | 11900 | 474 |
|  **Health Care Distributors (1.0%)** | **Health Care Distributors (1.0%)** | **Health Care Distributors (1.0%)** |
|  **Cardinal Health** | **5800** | **448** |
| &nbsp;&nbsp;&nbsp;&nbsp; McKesson | 2800 | 1060 |
|  |  | 1508 |
|  **Health Care Equipment (1.3%)** | **Health Care Equipment (1.3%)** | **Health Care Equipment (1.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Abbott Laboratories | 4400 | 486 |
| &nbsp;&nbsp;&nbsp;&nbsp; Danaher | 1600 | 423 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hologic\* | 6300 | 513 |
| &nbsp;&nbsp;&nbsp;&nbsp; Medtronic | 5300 | 444 |
|  |  | 1866 |
|  **Health Care Facilities (0.2%)** | **Health Care Facilities (0.2%)** | **Health Care Facilities (0.2%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Universal Health Services, Cl B | 2200 | 326 |
|  **Health Care REITs (0.4%)** | **Health Care REITs (0.4%)** | **Health Care REITs (0.4%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Medical Properties Trust | 22800 | 295 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sabra Health Care REIT | 25700 | 347 |
|  |  | 642 |
|  **Health Care Services (3.9%)** | **Health Care Services (3.9%)** | **Health Care Services (3.9%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Cigna | 5600 | 1773 |
| &nbsp;&nbsp;&nbsp;&nbsp; CVS Health | 17500 | 1544 |
| &nbsp;&nbsp;&nbsp;&nbsp; DaVita\* | 4500 | 371 |
| &nbsp;&nbsp;&nbsp;&nbsp; HCA Healthcare | 4300 | 1097 |
| &nbsp;&nbsp;&nbsp;&nbsp; Laboratory Corp of America Holdings | 1500 | 378 |
| &nbsp;&nbsp;&nbsp;&nbsp; Quest Diagnostics | 3700 | 549 |
|  |  | 5712 |
|  **Home Entertainment Software (0.3%)** | **Home Entertainment Software (0.3%)** | **Home Entertainment Software (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Activision Blizzard | 5700 | 436 |
|  **Home Improvement Retail (0.3%)** | **Home Improvement Retail (0.3%)** | **Home Improvement Retail (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Home Depot | 1500 | 486 |
|  **Homebuilding (0.8%)** | **Homebuilding (0.8%)** | **Homebuilding (0.8%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; DR Horton | 4600 | 454 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lennar, Cl A | 7700 | 788 |
|  |  | 1242 |

---

------

**Schedule of Investments**

January 31, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Homefurnishing Retail (0.1%)** | **Homefurnishing Retail (0.1%)** | **Homefurnishing Retail (0.1%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Sleep Number\* | 2200 | $76 |
|  **Household Products, Furniture & Fixtures (0.2%)** | **Household Products, Furniture & Fixtures (0.2%)** | **Household Products, Furniture & Fixtures (0.2%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Whirlpool | 2300 | 358 |
|  **Human Resource & Employment Services (0.2%)** | **Human Resource & Employment Services (0.2%)** | **Human Resource & Employment Services (0.2%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; ManpowerGroup | 3200 | 279 |
|  **Industrial Machinery (0.6%)** | **Industrial Machinery (0.6%)** | **Industrial Machinery (0.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Hillenbrand | 7000 | 328 |
| &nbsp;&nbsp;&nbsp;&nbsp; Snap-on | 2500 | 622 |
|  |  | 950 |
|  **Insurance (4.1%)** | **Insurance (4.1%)** | **Insurance (4.1%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Aflac | 13500 | 992 |
| &nbsp;&nbsp;&nbsp;&nbsp; Allstate | 4400 | 565 |
| &nbsp;&nbsp;&nbsp;&nbsp; American International Group | 12500 | 790 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chubb | 2900 | 660 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hartford Financial Services Group | 12400 | 962 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lincoln National | 6700 | 238 |
| &nbsp;&nbsp;&nbsp;&nbsp; MetLife | 16100 | 1176 |
| &nbsp;&nbsp;&nbsp;&nbsp; Principal Financial Group | 6600 | 611 |
|  |  | 5994 |
|  **Interactive Media & Services (1.4%)** | **Interactive Media & Services (1.4%)** | **Interactive Media & Services (1.4%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Meta Platforms, Cl A\* | 14300 | 2130 |
|  **IT Consulting & Other Services (0.6%)** | **IT Consulting & Other Services (0.6%)** | **IT Consulting & Other Services (0.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Amdocs | 5000 | 460 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cognizant Technology Solutions, Cl A | 6500 | 434 |
|  |  | 894 |
|  **Life & Health Insurance (0.0%)** | **Life & Health Insurance (0.0%)** | **Life & Health Insurance (0.0%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; F&G Annuities & Life | 782 | 17 |
|  **Life Sciences Tools & Services (0.4%)** | **Life Sciences Tools & Services (0.4%)** | **Life Sciences Tools & Services (0.4%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Thermo Fisher Scientific | 1100 | 627 |
|  **Machinery (2.0%)** | **Machinery (2.0%)** | **Machinery (2.0%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; AGCO | 3900 | 539 |
| &nbsp;&nbsp;&nbsp;&nbsp; Allison Transmission Holdings | 11400 | 514 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cummins | 3800 | 948 |
| &nbsp;&nbsp;&nbsp;&nbsp; PACCAR | 4200 | 459 |
| &nbsp;&nbsp;&nbsp;&nbsp; Parker-Hannifin | 1300 | 424 |
|  |  | 2884 |
|  **Managed Health Care (0.3%)** | **Managed Health Care (0.3%)** | **Managed Health Care (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Elevance Health | 900 | 450 |
|  **Media & Entertainment (1.4%)** | **Media & Entertainment (1.4%)** | **Media & Entertainment (1.4%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Comcast, Cl A | 45600 | 1794 |

---

---

| | | |
|:---|:---|:---|
| **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Media & Entertainment (continued)** | **Media & Entertainment (continued)** | **Media & Entertainment (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp; TEGNA | 15800 | 315 |
|  |  | 2109 |
|  **Metal & Glass Containers (0.2%)** | **Metal & Glass Containers (0.2%)** | **Metal & Glass Containers (0.2%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Berry Global Group | 5800 | 358 |
|  **Mortgage REITs (0.3%)** | **Mortgage REITs (0.3%)** | **Mortgage REITs (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Annaly Capital Management | 6600 | 155 |
| &nbsp;&nbsp;&nbsp;&nbsp; Redwood Trust | 39200 | 328 |
|  |  | 483 |
|  **Motorcycle Manufacturers (0.3%)** | **Motorcycle Manufacturers (0.3%)** | **Motorcycle Manufacturers (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Harley-Davidson | 8400 | 387 |
|  **Multimedia (0.4%)** | **Multimedia (0.4%)** | **Multimedia (0.4%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Walt Disney\* | 5600 | 608 |
|  **Multi-Sector Holdings (2.3%)** | **Multi-Sector Holdings (2.3%)** | **Multi-Sector Holdings (2.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Berkshire Hathaway, Cl B\* | 10700 | 3333 |
|  **Office Equipment (0.5%)** | **Office Equipment (0.5%)** | **Office Equipment (0.5%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3M | 5700 | 656 |
|  **Office REITs (0.3%)** | **Office REITs (0.3%)** | **Office REITs (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Brandywine Realty Trust | 34700 | 228 |
| &nbsp;&nbsp;&nbsp;&nbsp; Office Properties Income Trust | 8300 | 142 |
|  |  | 370 |
|  **Oil & Gas Exploration & Production (1.5%)** | **Oil & Gas Exploration & Production (1.5%)** | **Oil & Gas Exploration & Production (1.5%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; APA | 14300 | 634 |
| &nbsp;&nbsp;&nbsp;&nbsp; Coterra Energy | 17800 | 445 |
| &nbsp;&nbsp;&nbsp;&nbsp; Devon Energy | 8700 | 550 |
| &nbsp;&nbsp;&nbsp;&nbsp; EOG Resources | 4700 | 622 |
|  |  | 2251 |
|  **Oil & Gas Refining & Marketing (0.2%)** | **Oil & Gas Refining & Marketing (0.2%)** | **Oil & Gas Refining & Marketing (0.2%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; HF Sinclair | 6220 | 354 |
|  **Packaged Foods & Meats (0.6%)** | **Packaged Foods & Meats (0.6%)** | **Packaged Foods & Meats (0.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Kraft Heinz | 20600 | 835 |
|  **Paper Packaging (0.6%)** | **Paper Packaging (0.6%)** | **Paper Packaging (0.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; International Paper | 13500 | 564 |
| &nbsp;&nbsp;&nbsp;&nbsp; Westrock | 9600 | 377 |
|  |  | 941 |
|  **Paper Products (0.3%)** | **Paper Products (0.3%)** | **Paper Products (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Sylvamo | 7900 | 376 |
|  **Petroleum & Fuel Products (7.6%)** | **Petroleum & Fuel Products (7.6%)** | **Petroleum & Fuel Products (7.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Chevron | 15800 | 2750 |
| &nbsp;&nbsp;&nbsp;&nbsp; ConocoPhillips | 13300 | 1621 |
| &nbsp;&nbsp;&nbsp;&nbsp; ExxonMobil | 40100 | 4652 |
| &nbsp;&nbsp;&nbsp;&nbsp; Marathon Petroleum | 8500 | 1092 |

---

------

**Schedule of Investments**

January 31, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Petroleum & Fuel Products (continued)** | **Petroleum & Fuel Products (continued)** | **Petroleum & Fuel Products (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Phillips 66 | 3200 | 321 |
| &nbsp;&nbsp;&nbsp;&nbsp; Valero Energy | 5600 | 784 |
|  |  | 11220 |
|  **Pharmaceuticals (7.6%)** | **Pharmaceuticals (7.6%)** | **Pharmaceuticals (7.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; AbbVie | 3000 | 443 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bristol-Myers Squibb | 27600 | 2005 |
| &nbsp;&nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals\* | 1800 | 282 |
| &nbsp;&nbsp;&nbsp;&nbsp; Johnson & Johnson | 19600 | 3203 |
| &nbsp;&nbsp;&nbsp;&nbsp; Merck | 18800 | 2019 |
| &nbsp;&nbsp;&nbsp;&nbsp; Organon | 1250 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp; Pfizer | 58800 | 2597 |
| &nbsp;&nbsp;&nbsp;&nbsp; Viatris, Cl W | 49400 | 601 |
|  |  | 11188 |
|  **Property & Casualty Insurance (0.6%)** | **Property & Casualty Insurance (0.6%)** | **Property & Casualty Insurance (0.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Fidelity National Financial | 11500 | 506 |
| &nbsp;&nbsp;&nbsp;&nbsp; First American Financial | 6300 | 390 |
|  |  | 896 |
|  **Real Estate (0.2%)** | **Real Estate (0.2%)** | **Real Estate (0.2%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Spirit Realty Capital | 5000 | 219 |
|  **Retail (2.3%)** | **Retail (2.3%)** | **Retail (2.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Dick's Sporting Goods | 5100 | 667 |
| &nbsp;&nbsp;&nbsp;&nbsp; Kroger | 18000 | 803 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lowe's | 3800 | 791 |
| &nbsp;&nbsp;&nbsp;&nbsp; McDonald's | 1700 | 455 |
| &nbsp;&nbsp;&nbsp;&nbsp; Walmart | 4900 | 705 |
|  |  | 3421 |
|  **Retail REITs (0.5%)** | **Retail REITs (0.5%)** | **Retail REITs (0.5%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Brixmor Property Group | 13900 | 327 |
| &nbsp;&nbsp;&nbsp;&nbsp; Simon Property Group | 3300 | 424 |
|  |  | 751 |
|  **Semiconductors (0.4%)** | **Semiconductors (0.4%)** | **Semiconductors (0.4%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Qorvo\* | 4900 | 532 |
|  **Semi-Conductors/Instruments (3.4%)** | **Semi-Conductors/Instruments (3.4%)** | **Semi-Conductors/Instruments (3.4%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Amkor Technology | 20700 | 606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cirrus Logic\* | 5900 | 533 |
| &nbsp;&nbsp;&nbsp;&nbsp; Diodes\* | 5425 | 484 |
| &nbsp;&nbsp;&nbsp;&nbsp; Intel | 51600 | 1458 |
| &nbsp;&nbsp;&nbsp;&nbsp; Micron Technology | 20100 | 1212 |
| &nbsp;&nbsp;&nbsp;&nbsp; QUALCOMM | 5300 | 706 |
|  |  | 4999 |
|  **Specialized REITs (0.6%)** | **Specialized REITs (0.6%)** | **Specialized REITs (0.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Iron Mountain | 6300 | 344 |
| &nbsp;&nbsp;&nbsp;&nbsp; Omega Healthcare Investors | 7400 | 218 |
| &nbsp;&nbsp;&nbsp;&nbsp; Uniti Group | 51600 | 340 |
|  |  | 902 |

---

---

| | | |
|:---|:---|:---|
| **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares | &nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Steel & Steel Works (1.1%)** | **Steel & Steel Works (1.1%)** | **Steel & Steel Works (1.1%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Nucor | 5000 | $845 |
| &nbsp;&nbsp;&nbsp;&nbsp; Steel Dynamics | 6400 | 772 |
|  |  | 1617 |
|  **Systems Software (0.3%)** | **Systems Software (0.3%)** | **Systems Software (0.3%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; VMware, Cl A\* | 4053 | 496 |
|  **Technology Distributors (0.5%)** | **Technology Distributors (0.5%)** | **Technology Distributors (0.5%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Arrow Electronics\* | 3500 | 411 |
| &nbsp;&nbsp;&nbsp;&nbsp; TD SYNNEX | 3500 | 358 |
|  |  | 769 |
|  **Technology Hardware, Storage & Peripherals (0.6%)** | **Technology Hardware, Storage & Peripherals (0.6%)** | **Technology Hardware, Storage & Peripherals (0.6%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Dell Technologies, Cl C | 12900 | 524 |
| &nbsp;&nbsp;&nbsp;&nbsp; Seagate Technology |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Holdings | 5600 | 380 |
|  |  | 904 |
|  **Telephones & Telecommunications (4.2%)** | **Telephones & Telecommunications (4.2%)** | **Telephones & Telecommunications (4.2%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; AT&T | 98000 | 1996 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cisco Systems | 44000 | 2141 |
| &nbsp;&nbsp;&nbsp;&nbsp; Verizon Communications | 50700 | 2108 |
|  |  | 6245 |
|  **Thrifts & Mortgage Finance (0.4%)** | **Thrifts & Mortgage Finance (0.4%)** | **Thrifts & Mortgage Finance (0.4%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; MGIC Investment | 14300 | 202 |
| &nbsp;&nbsp;&nbsp;&nbsp; Radian Group | 20400 | 451 |
|  |  | 653 |
|  **Trucking (0.7%)** | **Trucking (0.7%)** | **Trucking (0.7%)** |
| &nbsp;&nbsp;&nbsp;&nbsp; ArcBest | 6400 | 534 |
| &nbsp;&nbsp;&nbsp;&nbsp; Werner Enterprises | 11900 | 559 |
|  |  | 1093 |
|  **TOTAL COMMON STOCK**<br> (Cost $126,424) | **TOTAL COMMON STOCK**<br> (Cost $126,424) | 146849 |

---

------

**Schedule of Investments**

January 31, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** | **LSV Conservative Value Equity Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Face Amount<br>(000) | &nbsp;&nbsp;&nbsp;&nbsp;Value (000) |
|  **Repurchase Agreement (0.8%)** | **Repurchase Agreement (0.8%)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; South Street Securities 3.990%, dated 01/31/2023, to be repurchased on 02/01/2023, repurchase price $1,234 (collateralized by various U.S. Treasury obligations, ranging in par value $0 - $866, 0.000% - 4.125%, 04/30/2023 - 05/15/2041; total market value $1,259) | $1234 | $1234 |
|  **TOTAL REPURCHASE AGREEMENT**<br> (Cost $1,234) | **TOTAL REPURCHASE AGREEMENT**<br> (Cost $1,234) | 1234 |
|  **Total Investments – 99.9%**<br> (Cost $127,658) | **Total Investments – 99.9%**<br> (Cost $127,658) | $148083 |

---

*Percentages are based on Net Assets of $*148,253 *(000).*

*\** *Non-income producing security.* 

*Cl — Class* 

*REIT — Real Estate Investment Trust* 

*LSV-QH-002-3300*

## 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 Conservative Value Equity Fund

- **b. EDGAR series identifier (if any):** S000016708

- **c. LEI of Series:** 5493005K841J4T5WW174

**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:** $148322097.82

**Total Liabilities:** $69302.29

**Net Assets:** $148252795.53

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000142890 | 6.01%                | -4.66%               | 6.33%                |
| Class ID C000046678 | 6.05%                | -4.65%               | 6.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $663393.64               | $7553871.43                                |
| Month 2  | $2453938.16              | $-9756686.04                               |
| Month 3  | $4251.75                 | $8734598.96                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| THE J. M. SMUCKER COMPANY                          | JM SMUCKER CO/THE COMMON STOCK            | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               |  | US        |      4000 | NS      | $611200.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORPORATION                           | STATE STREET CORP COMMON STOCK            | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               |  | US        |      7900 | NS      | $721507.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDICAL PROPERTIES TRUST, INC.                     | MEDICAL PROPERTIES TRUST INC REIT         | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               |  | US        |     22800 | NS      | $295260.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| QORVO, INC.                                        | QORVO INC COMMON STOCK                    | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               |  | US        |      4900 | NS      | $532434.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC TECHNOLOGY COMPANY                             | DXC TECHNOLOGY CO COMMON STOCK            | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               |  | US        |      3109 | NS      | $89321.57     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWE'S COMPANIES, INC.                             | LOWE'S COS INC COMMON STOCK               | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               |  | US        |      3800 | NS      | $791350.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HOME DEPOT, INC.                               | HOME DEPOT INC COMMON STOCK               | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               |  | US        |      1500 | NS      | $486255.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SLEEP NUMBER CORPORATION                           | SLEEP NUMBER CORP COMMON STOCK            | CUSIP: 83125X103<br>LEI: 529900W0TZQLBT2DSS66 | Long             | EC               |  | US        |      2200 | NS      | $75636.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCBEST CORPORATION                                | ARCBEST CORP COMMON STOCK                 | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               |  | US        |      6400 | NS      | $534080.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS COMPANY                             | GENERAL MOTORS CO COMMON STOCK            | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               |  | US        |     33000 | NS      | $1297560.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| TOLL BROTHERS, INC.                                | TOLL BROTHERS INC COMMON STOCK            | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               |  | US        |     11100 | NS      | $660339.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION                      | REGIONS FINANCIAL CORP COMMON STOCK       | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               |  | US        |     28300 | NS      | $666182.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ALLSTATE CORPORATION                           | ALLSTATE CORP COMMON STOCK                | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               |  | US        |      4400 | NS      | $565268.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC.                      | THERMO FISHER SCIENTIFIC INC COMMON STOCK | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               |  | US        |      1100 | NS      | $627363.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY                                 | FORD MOTOR CO COMMON STOCK                | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               |  | US        |     76100 | NS      | $1028111.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTSMAN CORPORATION                               | HUNTSMAN CORP COMMON STOCK                | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               |  | US        |     11400 | NS      | $361266.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| OWENS CORNING                                      | OWENS CORNING COMMON STOCK                | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               |  | US        |      5800 | NS      | $560570.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY, INC.                                   | NRG ENERGY INC COMMON STOCK               | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               |  | US        |     20100 | NS      | $687822.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE, INC.                         | BUILDERS FIRSTSOURCE INC COMMON STOCK     | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               |  | US        |      7500 | NS      | $597750.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| HF SINCLAIR CORPORATION                            | HF SINCLAIR CORP COMMON STOCK             | CUSIP: 403949100<br>LEI: N/A                  | Long             | EC               |  | US        |      6220 | NS      | $353918.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| REDWOOD TRUST, INC.                                | REDWOOD TRUST INC REIT                    | CUSIP: 758075402<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EC               |  | US        |     39200 | NS      | $327712.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS, INC.                               | META PLATFORMS INC COMMON STOCK           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               |  | US        |     14300 | NS      | $2130271.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTONATION, INC.                                   | AUTONATION INC COMMON STOCK               | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               |  | US        |      4400 | NS      | $557568.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| LOUISIANA-PACIFIC CORPORATION                      | LOUISIANA-PACIFIC CORP COMMON STOCK       | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               |  | US        |      7000 | NS      | $476630.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Limited                                      | CHUBB LTD COMMON STOCK                    | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               |  | US        |      2900 | NS      | $659721.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIPRISE FINANCIAL, INC.                         | AMERIPRISE FINANCIAL INC COMMON STOCK     | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               |  | US        |      1900 | NS      | $665228.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORPORATION                                | ENTERGY CORP COMMON STOCK                 | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               |  | US        |      6500 | NS      | $703820.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA AIR LINES, INC.                              | DELTA AIR LINES INC COMMON STOCK          | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               |  | US        |     12200 | NS      | $477020.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INCORPORATED                         | IRON MOUNTAIN INC REIT                    | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               |  | US        |      6300 | NS      | $343854.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.                   | PHILIP MORRIS INTERNATIONAL COMMON STOCK  | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               |  | US        |      4800 | NS      | $500352.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETROLEUM CORPORATION                     | MARATHON PETROLEUM CORP COMMON STOCK      | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               |  | US        |      8500 | NS      | $1092420.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                  | CAPITAL ONE FINANCIAL CORP COMMON STOCK   | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               |  | US        |      6900 | NS      | $821100.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                     | CITIZENS FINANCIAL GROUP COMMON STOCK     | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               |  | US        |     13600 | NS      | $589152.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CIRRUS LOGIC, INC.                                 | CIRRUS LOGIC INC COMMON STOCK             | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               |  | US        |      5900 | NS      | $533301.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| OMEGA HEALTHCARE INVESTORS, INC.                   | OMEGA HEALTHCARE INVESTORS REIT           | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               |  | US        |      7400 | NS      | $217856.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA HEALTHCARE, INC.                               | HCA HEALTHCARE INC COMMON STOCK           | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               |  | US        |      4300 | NS      | $1096801.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| JAZZ PHARMACEUTICALS PUBLIC LIMITED COMPANY        | JAZZ PHARMACEUTICALS PLC COMMON STOCK     | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               |  | US        |      1800 | NS      | $281988.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI CORPORATION                                    | UGI CORP COMMON STOCK                     | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               |  | US        |     11900 | NS      | $473977.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORPORATION                                | DANAHER CORP COMMON STOCK                 | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               |  | US        |      1600 | NS      | $423008.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| HILLENBRAND, INC.                                  | HILLENBRAND INC COMMON STOCK              | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               |  | US        |      7000 | NS      | $328020.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND COMPANY                     | ARCHER-DANIELS-MIDLAND CO COMMON STOCK    | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               |  | US        |     13100 | NS      | $1085335.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries N.V.                     | LYONDELLBASELL INDU-CL A COMMON STOCK     | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               |  | US        |      7200 | NS      | $696168.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| THE WESTERN UNION COMPANY                          | WESTERN UNION CO COMMON STOCK             | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               |  | US        |     10800 | NS      | $153036.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DEVON ENERGY CORPORATION                           | DEVON ENERGY CORP COMMON STOCK            | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               |  | US        |      8700 | NS      | $550188.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORPORATION                                 | ORACLE CORP COMMON STOCK                  | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               |  | US        |      5200 | NS      | $459992.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE, INC.                     | WALGREENS BOOTS ALLIANCE INC COMMON STOCK | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               |  | US        |     12100 | NS      | $446006.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| FIFTH THIRD BANCORP                                | FIFTH THIRD BANCORP COMMON STOCK          | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               |  | US        |     12200 | NS      | $442738.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                        | BANK OF AMERICA CORP COMMON STOCK         | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               |  | US        |     45200 | NS      | $1603696.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLSON COORS BEVERAGE COMPANY                      | MOLSON COORS BEVERAGE CO - B COMMON STOCK | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               |  | US        |     11000 | NS      | $578380.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HOLDINGS, INC.                | ALLISON TRANSMISSION HOLDING COMMON STOCK | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               |  | US        |     11400 | NS      | $513912.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                  | JOHNSON & JOHNSON COMMON STOCK            | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               |  | US        |     19600 | NS      | $3203032.00   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AMKOR TECHNOLOGY, INC.                             | AMKOR TECHNOLOGY INC COMMON STOCK         | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               |  | US        |     20700 | NS      | $605682.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                              | WELLS FARGO & CO COMMON STOCK             | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               |  | US        |     46700 | NS      | $2188829.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC INVESTMENT CORPORATION                        | MGIC INVESTMENT CORP COMMON STOCK         | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               |  | US        |     14300 | NS      | $201916.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc.                                | COTERRA ENERGY INC COMMON STOCK           | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               |  | US        |     17800 | NS      | $445534.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR INC                                         | PACCAR INC COMMON STOCK                   | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               |  | US        |      4200 | NS      | $459102.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOZONE, INC.                                     | AUTOZONE INC COMMON STOCK                 | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               |  | US        |       200 | NS      | $487770.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                        | LOCKHEED MARTIN CORP COMMON STOCK         | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               |  | US        |       800 | NS      | $370608.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LENNAR CORPORATION                                 | LENNAR CORP-A COMMON STOCK                | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               |  | US        |      7700 | NS      | $788480.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC.                                         | AMGEN INC COMMON STOCK                    | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               |  | US        |      4200 | NS      | $1060080.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| BEST BUY CO., INC.                                 | BEST BUY CO INC COMMON STOCK              | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               |  | US        |      5600 | NS      | $496832.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MCKESSON CORPORATION                               | MCKESSON CORP COMMON STOCK                | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               |  | US        |      2800 | NS      | $1060304.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                            | EXXON MOBIL CORP COMMON STOCK             | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               |  | US        |     40100 | NS      | $4652001.00   | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                      | GOLDMAN SACHS GROUP INC COMMON STOCK      | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               |  | US        |      4800 | NS      | $1755888.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ARROW ELECTRONICS, INC.                            | ARROW ELECTRONICS INC COMMON STOCK        | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               |  | US        |      3500 | NS      | $411215.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| DISCOVER FINANCIAL SERVICES                        | DISCOVER FINANCIAL SERVICES COMMON STOCK  | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               |  | US        |      5400 | NS      | $630342.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| PULTEGROUP, INC.                                   | PULTEGROUP INC COMMON STOCK               | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               |  | US        |      8700 | NS      | $494943.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FIDELITY NATIONAL FINANCIAL, INC.                  | FIDELITY NATIONAL FINANCIAL COMMON STOCK  | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               |  | US        |     11500 | NS      | $506345.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| INGREDION INCORPORATED                             | INGREDION INC COMMON STOCK                | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               |  | US        |      3100 | NS      | $318680.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINANCIAL INC.                                | ALLY FINANCIAL INC COMMON STOCK           | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               |  | US        |     10200 | NS      | $331398.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation                       | TRUIST FINANCIAL CORP COMMON STOCK        | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               |  | US        |     11600 | NS      | $572924.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ORGANON & CO.                                      | ORGANON & CO COMMON STOCK                 | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               |  | US        |      1250 | NS      | $37662.50     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTROCK COMPANY                                   | WESTROCK CO COMMON STOCK                  | CUSIP: 96145D105<br>LEI: 5493004Z9TCQW68YVL89 | Long             | EC               |  | US        |      9600 | NS      | $376704.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH, INC.                              | ELEVANCE HEALTH INC COMMON STOCK          | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               |  | US        |       900 | NS      | $449991.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITI GROUP INC.                                   | UNITI GROUP INC REIT                      | CUSIP: 91325V108<br>LEI: 549300V3NU625PJUVA84 | Long             | EC               |  | US        |     51600 | NS      | $340044.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| RAYTHEON TECHNOLOGIES CORPORATION                  | RAYTHEON TECHNOLOGIES CORP COMMON STOCK   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               |  | US        |      4200 | NS      | $419370.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ACTIVISION BLIZZARD, INC.                          | ACTIVISION BLIZZARD INC COMMON STOCK      | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               |  | US        |      5700 | NS      | $436449.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORPORATION                                | CHEVRON CORP COMMON STOCK                 | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               |  | US        |     15800 | NS      | $2749516.00   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| DAVITA INC.                                        | DAVITA INC COMMON STOCK                   | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               |  | US        |      4500 | NS      | $370755.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX CORPORATION                              | TD SYNNEX CORP COMMON STOCK               | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               |  | US        |      3500 | NS      | $357525.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOVUS FINANCIAL CORP.                            | SYNOVUS FINANCIAL CORP COMMON STOCK       | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               |  | US        |      8200 | NS      | $343990.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| THE WALT DISNEY COMPANY                            | WALT DISNEY CO/THE COMMON STOCK           | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               |  | US        |      5600 | NS      | $607544.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE, INC.                                      | METLIFE INC COMMON STOCK                  | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               |  | US        |     16100 | NS      | $1175622.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIXMOR PROPERTY GROUP INC.                        | BRIXMOR PROPERTY GROUP INC REIT           | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               |  | US        |     13900 | NS      | $327067.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation            | BANK OF NEW YORK MELLON CORP COMMON STOCK | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               |  | US        |     21100 | NS      | $1067027.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC.                                          | AT&T INC COMMON STOCK                     | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               |  | US        |     98000 | NS      | $1996260.00   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| STEEL DYNAMICS, INC.                               | STEEL DYNAMICS INC COMMON STOCK           | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               |  | US        |      6400 | NS      | $772096.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| EASTMAN CHEMICAL COMPANY                           | EASTMAN CHEMICAL CO COMMON STOCK          | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               |  | US        |      4700 | NS      | $414399.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY                 | HEWLETT PACKARD ENTERPRISE COMMON STOCK   | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               |  | US        |     54100 | NS      | $872633.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROPERTY GROUP, INC.                         | SIMON PROPERTY GROUP INC REIT             | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |      3300 | NS      | $423918.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOODYEAR TIRE & RUBBER COMPANY                 | GOODYEAR TIRE & RUBBER CO COMMON STOCK    | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               |  | US        |     17465 | NS      | $196481.25    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TRONOX HOLDINGS PLC                                | TRONOX HOLDINGS PLC COMMON STOCK          | CUSIP: G9087Q102<br>LEI: 549300NRVC84SGJSXV06 | Long             | EC               |  | US        |     20000 | NS      | $343000.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORPORATION                          | VALERO ENERGY CORP COMMON STOCK           | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               |  | US        |      5600 | NS      | $784168.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED                              | QUALCOMM INC COMMON STOCK                 | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               |  | US        |      5300 | NS      | $706013.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXTRON INC.                                       | TEXTRON INC COMMON STOCK                  | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               |  | US        |      7000 | NS      | $509950.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| QUEST DIAGNOSTICS INCORPORATED                     | QUEST DIAGNOSTICS INC COMMON STOCK        | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               |  | US        |      3700 | NS      | $549376.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SYLVAMO CORPORATION                                | SYLVAMO CORP COMMON STOCK                 | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               |  | US        |      7900 | NS      | $375487.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CELANESE CORPORATION                               | CELANESE CORP COMMON STOCK                | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               |  | US        |      3800 | NS      | $468160.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. HORTON, INC.                                  | DR HORTON INC COMMON STOCK                | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               |  | US        |      4600 | NS      | $453974.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC.,                           | BERKSHIRE HATHAWAY INC-CL B COMMON STOCK  | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               |  | US        |     10700 | NS      | $3333264.00   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| F&G ANNUITIES & LIFE, INC.                         | F&G ANNUITIES & LIFE INC COMMON STOCK     | CUSIP: 30190A104<br>LEI: N/A                  | Long             | EC               |  | US        |       782 | NS      | $16781.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION         | COGNIZANT TECH SOLUTIONS-A COMMON STOCK   | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               |  | US        |      6500 | NS      | $433875.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Xerox Holdings Corp                                | XEROX HOLDINGS CORP COMMON STOCK          | CUSIP: 98421M106<br>LEI: 5493000Y33XDVO2CXC18 | Long             | EC               |  | US        |     20900 | NS      | $342342.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PILGRIM'S PRIDE CORPORATION                        | PILGRIM'S PRIDE CORP COMMON STOCK         | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               |  | US        |     12200 | NS      | $296216.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                                 | ALTRIA GROUP INC COMMON STOCK             | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               |  | US        |     23000 | NS      | $1035920.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION        | INTL BUSINESS MACHINES CORP COMMON STOCK  | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               |  | US        |      6000 | NS      | $808380.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| VIATRIS INC.                                       | VIATRIS INC COMMON STOCK                  | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               |  | US        |     49400 | NS      | $600704.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SABRA HEALTH CARE REIT, INC.                       | SABRA HEALTH CARE REIT INC REIT           | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               |  | US        |     25700 | NS      | $346950.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                     | MORGAN STANLEY COMMON STOCK               | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               |  | US        |     14900 | NS      | $1450217.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| LABORATORY CORPORATION OF AMERICA HOLDINGS         | LABORATORY CRP OF AMER HLDGS COMMON STOCK | CUSIP: 50540R409<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | EC               |  | US        |      1500 | NS      | $378180.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIAN GROUP INC.                                  | RADIAN GROUP INC COMMON STOCK             | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               |  | US        |     20400 | NS      | $450840.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| WHIRLPOOL CORPORATION                              | WHIRLPOOL CORP COMMON STOCK               | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               |  | US        |      2300 | NS      | $357857.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES, INC.                                | EOG RESOURCES INC COMMON STOCK            | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               |  | US        |      4700 | NS      | $621575.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| KELLOGG COMPANY                                    | KELLOGG CO COMMON STOCK                   | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               |  | US        |      5400 | NS      | $370332.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                | LSV TRI-PARTY REPO MORGAN STANLEY         | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               |  | US        |   1234230 | PA      | $1234230.41   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| BIOGEN INC.                                        | BIOGEN INC COMMON STOCK                   | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               |  | US        |      2900 | NS      | $843610.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL PAPER COMPANY                        | INTERNATIONAL PAPER CO COMMON STOCK       | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               |  | US        |     13500 | NS      | $564570.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                       | BRISTOL-MYERS SQUIBB CO COMMON STOCK      | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               |  | US        |     27600 | NS      | $2005140.00   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| HARLEY-DAVIDSON, INC.                              | HARLEY-DAVIDSON INC COMMON STOCK          | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               |  | US        |      8400 | NS      | $386652.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSON FOODS, INC.                                  | TYSON FOODS INC-CL A COMMON STOCK         | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               |  | US        |      5600 | NS      | $368200.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVIENT CORPORATION                                | NAVIENT CORP COMMON STOCK                 | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               |  | US        |     17400 | NS      | $330078.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORPORATION                                  | INTEL CORP COMMON STOCK                   | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               |  | US        |     51600 | NS      | $1458216.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALD'S CORPORATION                             | MCDONALD'S CORP COMMON STOCK              | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               |  | US        |      1700 | NS      | $454580.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL                                | SYNCHRONY FINANCIAL COMMON STOCK          | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               |  | US        |     10800 | NS      | $396684.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                               | JPMORGAN CHASE & CO COMMON STOCK          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               |  | US        |     21100 | NS      | $2953156.00   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BORGWARNER INC.                                    | BORGWARNER INC COMMON STOCK               | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               |  | US        |     10200 | NS      | $482256.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| DIODES INCORPORATED                                | DIODES INC COMMON STOCK                   | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               |  | US        |      5425 | NS      | $483855.75    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY                       | PROCTER & GAMBLE CO/THE COMMON STOCK      | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               |  | US        |      6300 | NS      | $896994.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY, INC.                            | MICRON TECHNOLOGY INC COMMON STOCK        | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               |  | US        |     20100 | NS      | $1212030.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERICAN FINANCIAL CORPORATION               | FIRST AMERICAN FINANCIAL COMMON STOCK     | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               |  | US        |      6300 | NS      | $389781.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SNAP-ON INCORPORATED                               | SNAP-ON INC COMMON STOCK                  | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               |  | US        |      2500 | NS      | $621825.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| APA CORPORATION                                    | APA CORP COMMON STOCK                     | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               |  | US        |     14300 | NS      | $633919.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| MANPOWERGROUP INC.                                 | MANPOWERGROUP INC COMMON STOCK            | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               |  | US        |      3200 | NS      | $278912.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HOLOGIC, INC.                                      | HOLOGIC INC COMMON STOCK                  | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               |  | US        |      6300 | NS      | $512631.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                                     | CITIGROUP INC COMMON STOCK                | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               |  | US        |     22300 | NS      | $1164506.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORPORATION                                  | FEDEX CORP COMMON STOCK                   | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               |  | US        |      5300 | NS      | $1027458.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.             | PNC FINANCIAL SERVICES GROUP COMMON STOCK | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               |  | US        |      5700 | NS      | $942951.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| WEYERHAEUSER COMPANY                               | WEYERHAEUSER CO REIT                      | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               |  | US        |     13800 | NS      | $475134.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                                | ABBOTT LABORATORIES COMMON STOCK          | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               |  | US        |      4400 | NS      | $486420.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BRANDYWINE REALTY TRUST                            | BRANDYWINE REALTY TRUST REIT              | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               |  | US        |     34700 | NS      | $227632.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP, INC.                 | AMERICAN INTERNATIONAL GROUP COMMON STOCK | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               |  | US        |     12500 | NS      | $790250.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENERON PHARMACEUTICALS, INC.                    | REGENERON PHARMACEUTICALS COMMON STOCK    | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               |  | US        |       700 | NS      | $530929.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY | SEAGATE TECHNOLOGY HOLDINGS COMMON STOCK  | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               |  | US        |      5600 | NS      | $379568.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HARTFORD FINANCIAL SERVICES GROUP, INC.        | HARTFORD FINANCIAL SVCS GRP COMMON STOCK  | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               |  | US        |     12400 | NS      | $962364.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                             | CVS HEALTH CORP COMMON STOCK              | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               |  | US        |     17500 | NS      | $1543850.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AFLAC INCORPORATED                                 | AFLAC INC COMMON STOCK                    | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               |  | US        |     13500 | NS      | $992250.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| LEAR CORPORATION                                   | LEAR CORP COMMON STOCK                    | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               |  | US        |      2400 | NS      | $349872.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                                  | MERCK & CO. INC. COMMON STOCK             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               |  | US        |     18800 | NS      | $2019308.00   | 1.36%             |  |  |  | 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        |      5100 | NS      | $666876.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| DELL TECHNOLOGIES INC.                             | DELL TECHNOLOGIES -C COMMON STOCK         | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               |  | US        |     12900 | NS      | $523998.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRIT REALTY CAPITAL, INC.                        | SPIRIT REALTY CAPITAL INC REIT            | CUSIP: 84860W300<br>LEI: 549300LTU6LVPZSHMJ25 | Long             | EC               |  | US        |      5000 | NS      | $219400.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                        | PFIZER INC COMMON STOCK                   | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               |  | US        |     58800 | NS      | $2596608.00   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KROGER CO.                                     | KROGER CO COMMON STOCK                    | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               |  | US        |     18000 | NS      | $803340.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORPORATION                       | GENERAL DYNAMICS CORP COMMON STOCK        | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               |  | US        |      1700 | NS      | $396202.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| PRINCIPAL FINANCIAL GROUP, INC.                    | PRINCIPAL FINANCIAL GROUP COMMON STOCK    | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               |  | US        |      6600 | NS      | $610830.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| DUPONT DE NEMOURS, INC.                            | DUPONT DE NEMOURS INC COMMON STOCK        | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               |  | US        |      9300 | NS      | $687735.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                                     | CONOCOPHILLIPS COMMON STOCK               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               |  | US        |     13300 | NS      | $1620871.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA CORP.                                       | Vistra Corp. COMMON STOCK                 | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               |  | US        |     17700 | NS      | $408162.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| THOR INDUSTRIES, INC.                              | THOR INDUSTRIES INC COMMON STOCK          | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               |  | US        |      6200 | NS      | $591046.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NUCOR CORPORATION                                  | NUCOR CORP COMMON STOCK                   | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               |  | US        |      5000 | NS      | $845100.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY                   | MEDTRONIC PLC COMMON STOCK                | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               |  | US        |      5300 | NS      | $443557.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Limited                                     | AMDOCS LTD COMMON STOCK                   | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               |  | US        |      5000 | NS      | $459650.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                       | EVERGY INC COMMON STOCK                   | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               |  | US        |      8000 | NS      | $501200.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| OFFICE PROPERTIES INCOME TRUST                     | OFFICE PROPERTIES INCOME TRU REIT         | CUSIP: 67623C109<br>LEI: N/A                  | Long             | EC               |  | US        |      8300 | NS      | $142428.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DOW INC.                                           | DOW INC COMMON STOCK                      | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               |  | US        |      9100 | NS      | $540085.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| HP INC.                                            | HP INC COMMON STOCK                       | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               |  | US        |     24400 | NS      | $711016.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings, Inc.                           | ENERGIZER HOLDINGS INC COMMON STOCK       | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               |  | US        |     14000 | NS      | $519400.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| WERNER ENTERPRISES, INC.                           | WERNER ENTERPRISES INC COMMON STOCK       | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               |  | US        |     11900 | NS      | $558943.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC.                                        | ABBVIE INC COMMON STOCK                   | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               |  | US        |      3000 | NS      | $443250.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                                        | PHILLIPS 66 COMMON STOCK                  | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               |  | US        |      3200 | NS      | $320864.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIRLINES HOLDINGS, INC.                     | UNITED AIRLINES HOLDINGS INC COMMON STOCK | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               |  | US        |      3900 | NS      | $190944.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| INCYTE CORPORATION                                 | INCYTE CORP COMMON STOCK                  | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               |  | US        |      8100 | NS      | $689634.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA INC.                                         | TEGNA INC COMMON STOCK                    | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               |  | US        |     15800 | NS      | $314894.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO CORPORATION                                   | AGCO CORP COMMON STOCK                    | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               |  | US        |      3900 | NS      | $538707.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXSTAR MEDIA GROUP, INC.                          | Nexstar Media Group Inc COMMON STOCK      | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               |  | US        |      2500 | NS      | $511925.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| LINCOLN NATIONAL CORPORATION                       | LINCOLN NATIONAL CORP COMMON STOCK        | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               |  | US        |      6700 | NS      | $237381.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KRAFT HEINZ COMPANY                            | KRAFT HEINZ CO/THE COMMON STOCK           | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               |  | US        |     20600 | NS      | $834918.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT, INC.                    | ANNALY CAPITAL MANAGEMENT IN REIT         | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               |  | US        |      6600 | NS      | $154902.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EBAY INC.                                          | EBAY INC COMMON STOCK                     | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               |  | US        |     18700 | NS      | $925650.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC.                                       | CUMMINS INC COMMON STOCK                  | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               |  | US        |      3800 | NS      | $948252.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                                            | KEYCORP COMMON STOCK                      | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               |  | US        |     29800 | NS      | $571862.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORPORATION                                    | FOX CORP - CLASS A COMMON STOCK           | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               |  | US        |     15500 | NS      | $526070.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                              | GILEAD SCIENCES INC COMMON STOCK          | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               |  | US        |     23750 | NS      | $1993575.00   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY, INC.                               | NEXTERA ENERGY INC COMMON STOCK           | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               |  | US        |      4400 | NS      | $328372.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BERRY GLOBAL GROUP, INC.                           | BERRY GLOBAL GROUP INC COMMON STOCK       | CUSIP: 08579W103<br>LEI: 549300G6KKUMMXM8NH73 | Long             | EC               |  | US        |      5800 | NS      | $358034.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA CORPORATION                                  | CIGNA CORP COMMON STOCK                   | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               |  | US        |      5600 | NS      | $1773352.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M COMPANY                                         | 3M CO COMMON STOCK                        | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               |  | US        |      5700 | NS      | $655956.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH, INC.                              | CARDINAL HEALTH INC COMMON STOCK          | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               |  | US        |      5800 | NS      | $448050.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC.                                       | WALMART INC COMMON STOCK                  | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               |  | US        |      4900 | NS      | $704963.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER-HANNIFIN CORPORATION                        | PARKER HANNIFIN CORP COMMON STOCK         | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               |  | US        |      1300 | NS      | $423800.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ACUITY BRANDS, INC.                                | ACUITY BRANDS INC COMMON STOCK            | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               |  | US        |      2100 | NS      | $395892.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SPROUTS FARMERS MARKET, INC.                       | SPROUTS FARMERS MARKET INC COMMON STOCK   | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               |  | US        |     17600 | NS      | $562320.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| FS KKR CAPITAL CORP.                               | FS KKR CAPITAL CORP COMMON STOCK          | CUSIP: 302635206<br>LEI: 549300TYRSI1T21B1360 | Long             | EC               |  | US        |     12100 | NS      | $237886.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION         | ZIONS BANCORP NA COMMON STOCK             | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               |  | US        |      7200 | NS      | $382752.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                        | VERIZON COMMUNICATIONS INC COMMON STOCK   | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               |  | US        |     50700 | NS      | $2107599.00   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CHEMOURS COMPANY                               | CHEMOURS CO/THE COMMON STOCK              | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               |  | US        |     11400 | NS      | $414846.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| THE MOSAIC COMPANY                                 | MOSAIC CO/THE COMMON STOCK                | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               |  | US        |      9500 | NS      | $470630.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL HEALTH SERVICES, INC.                    | UNIVERSAL HEALTH SERVICES-B COMMON STOCK  | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               |  | US        |      2200 | NS      | $326062.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                                       | US BANCORP COMMON STOCK                   | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               |  | US        |      9300 | NS      | $463140.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS, INC.                                | CISCO SYSTEMS INC COMMON STOCK            | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               |  | US        |     44000 | NS      | $2141480.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| FOOT LOCKER, INC.                                  | FOOT LOCKER INC COMMON STOCK              | CUSIP: 344849104<br>LEI: 549300X383CBNP6MTV94 | Long             | EC               |  | US        |     10100 | NS      | $439451.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NETAPP, INC.                                       | NETAPP INC COMMON STOCK                   | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               |  | US        |      4100 | NS      | $271543.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CONAGRA BRANDS, INC.                               | CONAGRA BRANDS INC COMMON STOCK           | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               |  | US        |     11600 | NS      | $431404.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| VMWARE, INC.                                       | VMWARE INC-CLASS A COMMON STOCK           | CUSIP: 928563402<br>LEI: 549300BUDHS3LRWBE814 | Long             | EC               |  | US        |      4053 | NS      | $496370.91    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION                                | COMCAST CORP-CLASS A COMMON STOCK         | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               |  | US        |     45600 | NS      | $1794360.00   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL CORPORATION                                    | PPL CORP COMMON STOCK                     | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               |  | US        |     14300 | NS      | $423280.00    | 0.29%             |  |  |  | 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