# EDGAR Filing Document

**Accession Number:** 0000878719
**File Stem:** 0002048251-25-003899
**Filing Date:** 2025-12
**Character Count:** 68896
**Document Hash:** b0898ab3adbc0acf8723a0a0b1ef476d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-25-003899.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0002048251-25-003899

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**PERIOD START**: 20251031

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06400
- **FILM NUMBER:** 251612076

**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           |

## 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:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $134458228.87

**Total Liabilities:** $85254.89

**Net Assets:** $134372973.98

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000142890 | 0.67%                | 1.97%                | 5.44%                |
| Class ID C000046678 | 0.66%                | 2.02%                | 5.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1927023.50              | $-1230889.60                               |
| Month 2  | $1991013.64              | $421542.23                                 |
| Month 3  | $485456.36               | $6191021.91                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FLEX LTD.                                      | FLEX LTD COMMON STOCK                         | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               |  | US        |      8400 | NS      | $525168.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| THE J. M. SMUCKER COMPANY                      | JM SMUCKER CO/THE COMMON STOCK                | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               |  | US        |      4000 | NS      | $414200.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORPORATION                       | STATE STREET CORP COMMON STOCK                | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               |  | US        |      6800 | NS      | $786488.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC TECHNOLOGY COMPANY                         | DXC TECHNOLOGY CO COMMON STOCK                | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               |  | US        |     12508 | NS      | $177613.60    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWE'S COMPANIES, INC.                         | LOWE'S COS INC COMMON STOCK                   | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               |  | US        |      1100 | NS      | $261943.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                                | BUNGE GLOBAL SA COMMON STOCK                  | CUSIP: H11356104<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               |  | US        |      6000 | NS      | $567600.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLSTICE ADVANCED MATERIALS INC.               | SOLSTICE ADV MATERIALS INC COMMON STOCK       | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               |  | US        |       475 | NS      | $21408.25     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH, INC.                          | ELEVANCE HEALTH INC COMMON STOCK              | CUSIP: N/A<br>LEI: 8MYN82XMYQH89CTMTH67       | Long             | EC               |  | US        |       900 | NS      | $285480.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCBEST CORPORATION                            | ARCBEST CORP COMMON STOCK                     | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               |  | US        |      3300 | NS      | $245256.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corporation                          | NEWMARKET CORP COMMON STOCK                   | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               |  | US        |       700 | NS      | $537530.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS COMPANY                         | GENERAL MOTORS CO COMMON STOCK                | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               |  | US        |     16200 | NS      | $1119258.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| TOLL BROTHERS, INC.                            | TOLL BROTHERS INC COMMON STOCK                | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               |  | US        |      3200 | NS      | $431840.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION                  | REGIONS FINANCIAL CORP COMMON STOCK           | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               |  | US        |     17900 | NS      | $433180.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INCORPORATED          | THERMO FISHER SCIENTIFIC INC COMMON STOCK     | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               |  | US        |       900 | NS      | $510651.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY                             | FORD MOTOR CO COMMON STOCK                    | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               |  | US        |     76100 | NS      | $999193.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| OWENS CORNING                                  | OWENS CORNING COMMON STOCK                    | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               |  | US        |      3300 | NS      | $420123.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HOST HOTELS & RESORTS, INC.                    | HOST HOTELS & RESORTS INC REIT                | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               |  | US        |     24500 | NS      | $392490.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS CAPITAL HOLDINGS LIMITED                  | AXIS CAPITAL HOLDINGS LTD COMMON STOCK        | CUSIP: G0692U109<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               |  | US        |       300 | NS      | $28098.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HF SINCLAIR CORPORATION                        | HF SINCLAIR CORP COMMON STOCK                 | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               |  | US        |      6220 | NS      | $320952.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| UPWORK INC.                                    | UPWORK INC COMMON STOCK                       | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               |  | US        |     20100 | NS      | $320394.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC.                                     | ADOBE INC COMMON STOCK                        | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               |  | US        |      1100 | NS      | $374341.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS, INC.                           | META PLATFORMS INC COMMON STOCK               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               |  | US        |       700 | NS      | $453845.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C TECHNOLOGIES HOLDINGS, INC.               | SS&C TECHNOLOGIES HOLDINGS COMMON STOCK       | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               |  | US        |      4500 | NS      | $382140.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTONATION, INC.                               | AUTONATION INC COMMON STOCK                   | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               |  | US        |      2300 | NS      | $459701.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                               | AMAZON.COM INC COMMON STOCK                   | CUSIP: N/A<br>LEI: ZXTILKJKG63JELOEG630       | Long             | EC               |  | US        |      9900 | NS      | $2417778.00   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Limited                                  | CHUBB LTD COMMON STOCK                        | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               |  | US        |      1300 | NS      | $360022.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIPRISE FINANCIAL, INC.                     | AMERIPRISE FINANCIAL INC COMMON STOCK         | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               |  | US        |       900 | NS      | $407493.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR GENERAL CORPORATION                     | DOLLAR GENERAL CORP COMMON STOCK              | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               |  | US        |      2300 | NS      | $226918.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOOM COMMUNICATIONS, INC.                      | ZOOM COMMUNICATIONS INC COMMON STOCK          | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               |  | US        |      6100 | NS      | $532103.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA AIR LINES, INC.                          | DELTA AIR LINES INC COMMON STOCK              | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               |  | US        |     15600 | NS      | $895128.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.               | PHILIP MORRIS INTERNATIONAL COMMON STOCK      | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               |  | US        |      3200 | NS      | $461856.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETROLEUM CORPORATION                 | MARATHON PETROLEUM CORP COMMON STOCK          | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               |  | US        |      4300 | NS      | $838113.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLUMINA, INC.                                 | ILLUMINA INC COMMON STOCK                     | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               |  | US        |       700 | NS      | $86478.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BORGWARNER INC.                                | BORGWARNER INC COMMON STOCK                   | CUSIP: N/A<br>LEI: 549300DSFX2IE88NSX47       | Long             | EC               |  | US        |     10200 | NS      | $438192.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CAMPBELL'S COMPANY                         | THE CAMPBELL'S COMPANY COMMON STOCK           | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               |  | US        |      8900 | NS      | $268157.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                 | CITIZENS FINANCIAL GROUP COMMON STOCK         | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               |  | US        |      9500 | NS      | $483265.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CIRRUS LOGIC, INC.                             | CIRRUS LOGIC INC COMMON STOCK                 | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               |  | US        |      3900 | NS      | $517335.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA HEALTHCARE, INC.                           | HCA HEALTHCARE INC COMMON STOCK               | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               |  | US        |      2200 | NS      | $1011296.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| JAZZ PHARMACEUTICALS PUBLIC LIMITED COMPANY    | JAZZ PHARMACEUTICALS PLC COMMON STOCK         | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               |  | US        |      3800 | NS      | $523032.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBERTSONS COMPANIES, INC.                     | ALBERTSONS COS INC - CLASS A COMMON STOCK     | CUSIP: N/A<br>LEI: 549300YKWOC0AOR16R51       | Long             | EC               |  | US        |     17700 | NS      | $313113.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.          | AMERICAN ELECTRIC POWER COMMON STOCK          | CUSIP: N/A<br>LEI: 1B4S6S7G0TW5EE83BO58       | Long             | EC               |  | US        |      5700 | NS      | $685482.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI CORPORATION                                | UGI CORP COMMON STOCK                         | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               |  | US        |     11900 | NS      | $397817.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| RYDER SYSTEM, INC.                             | RYDER SYSTEM INC COMMON STOCK                 | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               |  | US        |      3400 | NS      | $575382.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE & COMPANY                                | DEERE & CO COMMON STOCK                       | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               |  | US        |       700 | NS      | $323141.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries N.V.                 | LYONDELLBASELL INDU-CL A COMMON STOCK         | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               |  | US        |      4300 | NS      | $199606.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| THE WESTERN UNION COMPANY                      | WESTERN UNION CO COMMON STOCK                 | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               |  | US        |     10800 | NS      | $100764.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYWORKS SOLUTIONS, INC.                       | SKYWORKS SOLUTIONS INC COMMON STOCK           | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               |  | US        |      4200 | NS      | $326424.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| DEVON ENERGY CORPORATION                       | DEVON ENERGY CORP COMMON STOCK                | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               |  | US        |      6100 | NS      | $198189.00    | 0.15%             |  |  |  | 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      | $480920.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP, INC.             | AMERICAN INTERNATIONAL GROUP COMMON STOCK     | CUSIP: N/A<br>LEI: ODVCVCQG2BP6VHV36M30       | Long             | EC               |  | US        |     10400 | NS      | $821184.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                | UNITEDHEALTH GROUP INC COMMON STOCK           | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               |  | US        |      3500 | NS      | $1195460.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HOLDINGS, INC.            | ALLISON TRANSMISSION HOLDING COMMON STOCK     | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               |  | US        |      5600 | NS      | $462280.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                              | JOHNSON & JOHNSON COMMON STOCK                | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               |  | US        |     14200 | NS      | $2681954.00   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PHINIA INC.                                    | PHINIA INC COMMON STOCK                       | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               |  | US        |      2040 | NS      | $105896.40    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                          | WELLS FARGO & CO COMMON STOCK                 | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               |  | US        |     27400 | NS      | $2382978.00   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH CORP.                                      | PVH CORP COMMON STOCK                         | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               |  | US        |      2900 | NS      | $227157.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC INVESTMENT CORPORATION                    | MGIC INVESTMENT CORP COMMON STOCK             | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               |  | US        |     16100 | NS      | $441462.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                    | WESTERN DIGITAL CORP COMMON STOCK             | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               |  | US        |      5400 | NS      | $811134.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc.                            | COTERRA ENERGY INC COMMON STOCK               | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               |  | US        |     14300 | NS      | $338338.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LENNAR CORPORATION                             | LENNAR CORP-A COMMON STOCK                    | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               |  | US        |      3400 | NS      | $420818.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MILLS, INC.                            | GENERAL MILLS INC COMMON STOCK                | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               |  | US        |      9600 | NS      | $447456.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                        | EXXON MOBIL CORP COMMON STOCK                 | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               |  | US        |     25900 | NS      | $2961924.00   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                  | GOLDMAN SACHS GROUP INC COMMON STOCK          | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               |  | US        |      2200 | NS      | $1736614.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                              | EVERSOURCE ENERGY COMMON STOCK                | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               |  | US        |      5600 | NS      | $413336.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                  | ALPHABET INC-CL A COMMON STOCK                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |     12500 | NS      | $3514875.00   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| RINGCENTRAL, INC.                              | RINGCENTRAL INC-CLASS A COMMON STOCK          | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               |  | US        |      4300 | NS      | $129516.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JABIL INC.                                     | JABIL INC COMMON STOCK                        | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               |  | US        |      2600 | NS      | $574314.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| PULTEGROUP, INC.                               | PULTEGROUP INC COMMON STOCK                   | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               |  | US        |      5500 | NS      | $659285.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| INGREDION INCORPORATED                         | INGREDION INC COMMON STOCK                    | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               |  | US        |      3500 | NS      | $403935.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| FISERV, INC.                                   | FISERV INC COMMON STOCK                       | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               |  | US        |      1900 | NS      | $126711.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SCORPIO TANKERS INC.                           | SCORPIO TANKERS INC COMMON STOCK              | CUSIP: Y7542C130<br>LEI: 549300NVJUH16NXG8K87 | Long             | EC               |  | US        |      4300 | NS      | $265310.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINANCIAL INC.                            | ALLY FINANCIAL INC COMMON STOCK               | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               |  | US        |     10200 | NS      | $397494.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation                   | TRUIST FINANCIAL CORP COMMON STOCK            | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               |  | US        |      9100 | NS      | $406133.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ORGANON & CO.                                  | ORGANON & CO COMMON STOCK                     | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               |  | US        |     17000 | NS      | $114750.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| UNUM GROUP                                     | UNUM GROUP COMMON STOCK                       | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               |  | US        |      7600 | NS      | $557992.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELIXIS, INC.                                 | EXELIXIS INC COMMON STOCK                     | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               |  | US        |     10000 | NS      | $386700.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOOMINFO TECHNOLOGIES INC.                     | ZOOMINFO TECHNOLOGIES INC COMMON STOCK        | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               |  | US        |     36600 | NS      | $410652.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORPORATION                            | CHEVRON CORP COMMON STOCK                     | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               |  | US        |      5700 | NS      | $899004.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| DAVITA INC.                                    | DAVITA INC COMMON STOCK                       | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               |  | US        |      2300 | NS      | $273746.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX CORPORATION                          | TD SYNNEX CORP COMMON STOCK                   | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               |  | US        |      3500 | NS      | $547715.00    | 0.41%             |  |  |  | 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      | $630672.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE, INC.                                  | METLIFE INC COMMON STOCK                      | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               |  | US        |      9900 | NS      | $790218.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIXMOR PROPERTY GROUP INC.                    | BRIXMOR PROPERTY GROUP INC REIT               | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               |  | US        |     13900 | NS      | $363624.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOOMIN' BRANDS, INC.                          | BLOOMIN' BRANDS INC COMMON STOCK              | CUSIP: N/A<br>LEI: E1UJ2GO305B5FXGV7N04       | Long             | EC               |  | US        |     17500 | NS      | $119525.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC.                                      | AT&T INC COMMON STOCK                         | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               |  | US        |     58000 | NS      | $1435500.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AMKOR TECHNOLOGY, INC.                         | AMKOR TECHNOLOGY INC COMMON STOCK             | CUSIP: N/A<br>LEI: 529900VHLRTKPWZJBM84       | Long             | EC               |  | US        |      9700 | NS      | $313116.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| STEEL DYNAMICS, INC.                           | STEEL DYNAMICS INC COMMON STOCK               | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               |  | US        |      3200 | NS      | $501760.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| EASTMAN CHEMICAL COMPANY                       | EASTMAN CHEMICAL CO COMMON STOCK              | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               |  | US        |      4700 | NS      | $279744.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY             | HEWLETT PACKARD ENTERPRISE COMMON STOCK       | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               |  | US        |     34600 | NS      | $844932.00    | 0.63%             |  |  |  | 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      | $120333.85    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORPORATION                      | VALERO ENERGY CORP COMMON STOCK               | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               |  | US        |      4200 | NS      | $712152.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED                          | QUALCOMM INC COMMON STOCK                     | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               |  | US        |      7900 | NS      | $1429110.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXTRON INC.                                   | TEXTRON INC COMMON STOCK                      | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               |  | US        |      7000 | NS      | $565670.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORPORATION                                | RTX CORPORATION COMMON STOCK                  | CUSIP: N/A<br>LEI: I07WOS4YJ0N7YRFE7309       | Long             | EC               |  | US        |      3900 | NS      | $696150.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| SYLVAMO CORPORATION                            | SYLVAMO CORP COMMON STOCK                     | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               |  | US        |      5500 | NS      | $223300.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC.                        | BERKSHIRE HATHAWAY INC-CL B COMMON STOCK      | CUSIP: N/A<br>LEI: 5493000C01ZX7D35SD85       | Long             | EC               |  | US        |      7300 | NS      | $3486042.00   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. HORTON, INC.                              | DR HORTON INC COMMON STOCK                    | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               |  | US        |      3100 | NS      | $462148.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD REPUBLIC INTERNATIONAL CORPORATION         | OLD REPUBLIC INTL CORP COMMON STOCK           | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               |  | US        |     11600 | NS      | $457736.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION     | COGNIZANT TECH SOLUTIONS-A COMMON STOCK       | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               |  | US        |     13200 | NS      | $962016.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PUBLIC LIMITED COMPANY               | ACCENTURE PLC-CL A COMMON STOCK               | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               |  | US        |      1000 | NS      | $250100.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| OSHKOSH CORPORATION                            | OSHKOSH CORP COMMON STOCK                     | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               |  | US        |      3600 | NS      | $443844.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                             | ALTRIA GROUP INC COMMON STOCK                 | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               |  | US        |     20000 | NS      | $1127600.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION    | INTL BUSINESS MACHINES CORP COMMON STOCK      | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               |  | US        |      1800 | NS      | $553338.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| VIATRIS INC.                                   | VIATRIS INC COMMON STOCK                      | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               |  | US        |     35900 | NS      | $371924.00    | 0.28%             |  |  |  | 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      | $457974.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                 | MORGAN STANLEY COMMON STOCK                   | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               |  | US        |     10400 | NS      | $1705600.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE, INC.                               | SALESFORCE INC COMMON STOCK                   | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               |  | US        |      1200 | NS      | $312492.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO CORPORATION                               | AGCO CORP COMMON STOCK                        | CUSIP: N/A<br>LEI: LYOM0B2GCF1JWXK5ZG04       | Long             | EC               |  | US        |      3900 | NS      | $402324.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIAN GROUP INC.                              | RADIAN GROUP INC COMMON STOCK                 | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               |  | US        |     11200 | NS      | $380128.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T BANK CORPORATION                           | M & T BANK CORP COMMON STOCK                  | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               |  | US        |      2100 | NS      | $386127.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                            | ABBOTT LABORATORIES COMMON STOCK              | CUSIP: N/A<br>LEI: HQD377W2YR662HK5JX27       | Long             | EC               |  | US        |      3200 | NS      | $395584.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOVATIVE INDUSTRIAL PROPERTIES, INC.         | INNOVATIVE INDUSTRIAL PROPER REIT             | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               |  | US        |      3300 | NS      | $165495.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| The Travelers Companies, Inc.                  | TRAVELERS COS INC/THE COMMON STOCK            | CUSIP: N/A<br>LEI: 549300Y650407RU8B149       | Long             | EC               |  | US        |      1900 | NS      | $510378.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES, INC.                            | EOG RESOURCES INC COMMON STOCK                | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               |  | US        |      5700 | NS      | $603288.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ARROW ELECTRONICS, INC.                        | ARROW ELECTRONICS INC COMMON STOCK            | CUSIP: N/A<br>LEI: 549300YNNLBXT8N8R512       | Long             | EC               |  | US        |      3500 | NS      | $390425.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORPORATION                             | EXELON CORP COMMON STOCK                      | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               |  | US        |      9100 | NS      | $419692.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                            | LSV TRI-PARTY REPO MORGAN STANLEY             | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               |  | US        |   2204241 | PA      | $2204240.58   | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| ELECTRONIC ARTS INC.                           | ELECTRONIC ARTS INC COMMON STOCK              | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               |  | US        |      4100 | NS      | $820246.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SCIENCE APPLICATIONS INTERNATIONAL CORPORATION | SCIENCE APPLICATIONS INTE COMMON STOCK        | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               |  | US        |      2301 | NS      | $215626.71    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                   | BRISTOL-MYERS SQUIBB CO COMMON STOCK          | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               |  | US        |     23000 | NS      | $1059610.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| HARLEY-DAVIDSON, INC.                          | HARLEY-DAVIDSON INC COMMON STOCK              | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               |  | US        |      8400 | NS      | $226632.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVIENT CORPORATION                            | NAVIENT CORP COMMON STOCK                     | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               |  | US        |     17400 | NS      | $212802.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALD'S CORPORATION                         | MCDONALD'S CORP COMMON STOCK                  | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               |  | US        |      1500 | NS      | $447645.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL                            | SYNCHRONY FINANCIAL COMMON STOCK              | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               |  | US        |     10800 | NS      | $803304.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                           | JPMORGAN CHASE & CO COMMON STOCK              | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               |  | US        |     13500 | NS      | $4200120.00   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PUBLIC LIMITED COMPANY                   | LINDE PLC COMMON STOCK                        | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               |  | US        |       900 | NS      | $376470.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLVENTUM CORPORATION                          | SOLVENTUM CORP COMMON STOCK                   | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               |  | US        |      2150 | NS      | $148436.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY                   | PROCTER & GAMBLE CO/THE COMMON STOCK          | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               |  | US        |      8100 | NS      | $1217997.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY, INC.                        | MICRON TECHNOLOGY INC COMMON STOCK            | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               |  | US        |      8900 | NS      | $1991553.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| SNAP-ON INCORPORATED                           | SNAP-ON INC COMMON STOCK                      | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               |  | US        |      1500 | NS      | $503325.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| APA CORPORATION                                | APA CORP COMMON STOCK                         | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               |  | US        |     14300 | NS      | $323895.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BEST BUY CO., INC.                             | BEST BUY CO INC COMMON STOCK                  | CUSIP: N/A<br>LEI: HL5XPTVRV0O8TUN5LL90       | Long             | EC               |  | US        |      4500 | NS      | $369630.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                                 | CITIGROUP INC COMMON STOCK                    | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               |  | US        |     15500 | NS      | $1569065.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| THE BRINK'S COMPANY                            | BRINK'S CO/THE COMMON STOCK                   | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               |  | US        |      3700 | NS      | $411292.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORPORATION                              | FEDEX CORP COMMON STOCK                       | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               |  | US        |      3600 | NS      | $913752.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial N.V.                            | CNH INDUSTRIAL NV COMMON STOCK                | CUSIP: N20944109<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               |  | US        |     39300 | NS      | $412257.00    | 0.31%             |  |  |  | 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        |      2100 | NS      | $383355.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORPORATION                            | NEWMONT CORP COMMON STOCK                     | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               |  | US        |     17100 | NS      | $1384587.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico, Inc.                                  | PEPSICO INC COMMON STOCK                      | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               |  | US        |      4500 | NS      | $657405.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENERON PHARMACEUTICALS, INC.                | REGENERON PHARMACEUTICALS COMMON STOCK        | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               |  | US        |      1400 | NS      | $912520.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| HARMONY BIOSCIENCES HOLDINGS, INC.             | HARMONY BIOSCIENCES HOLDINGS COMMON STOCK     | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               |  | US        |     12200 | NS      | $348554.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HARTFORD INSURANCE GROUP, INC.             | HARTFORD INSURANCE GROUP INC/THE COMMON STOCK | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               |  | US        |      6000 | NS      | $745080.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                         | CVS HEALTH CORP COMMON STOCK                  | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               |  | US        |     16200 | NS      | $1266030.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL                           | EDISON INTERNATIONAL COMMON STOCK             | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               |  | US        |      9900 | NS      | $548262.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND COMPANY.                | ARCHER-DANIELS-MIDLAND CO COMMON STOCK        | CUSIP: N/A<br>LEI: 549300LO13MQ9HYSTR83       | Long             | EC               |  | US        |      9900 | NS      | $599247.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MILLROSE PROPERTIES, INC.                      | MILLROSE PROPERTIES REIT                      | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               |  | US        |      2250 | NS      | $72472.50     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| LEAR CORPORATION                               | LEAR CORP COMMON STOCK                        | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               |  | US        |      2400 | NS      | $251160.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                              | MERCK & CO. INC. COMMON STOCK                 | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               |  | US        |     13100 | NS      | $1126338.00   | 0.84%             |  |  |  | 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        |      1700 | NS      | $376465.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| DELL TECHNOLOGIES INC.                         | DELL TECHNOLOGIES -C COMMON STOCK             | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               |  | US        |      3900 | NS      | $631839.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                    | PFIZER INC COMMON STOCK                       | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               |  | US        |     53600 | NS      | $1321240.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KROGER CO.                                 | KROGER CO COMMON STOCK                        | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               |  | US        |     11000 | NS      | $699930.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORPORATION                   | GENERAL DYNAMICS CORP COMMON STOCK            | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               |  | US        |       800 | NS      | $275920.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                                 | CONOCOPHILLIPS COMMON STOCK                   | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               |  | US        |     13300 | NS      | $1181838.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS, INC.                   | ZIMMER BIOMET HOLDINGS INC COMMON STOCK       | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               |  | US        |      3900 | NS      | $392184.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL PAYMENTS INC.                           | GLOBAL PAYMENTS INC COMMON STOCK              | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               |  | US        |      2100 | NS      | $163296.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC.                               | CATERPILLAR INC COMMON STOCK                  | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               |  | US        |      1600 | NS      | $923616.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY               | MEDTRONIC PLC COMMON STOCK                    | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               |  | US        |     10700 | NS      | $970490.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Limited                                 | AMDOCS LTD COMMON STOCK                       | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               |  | US        |      5000 | NS      | $421300.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                  | ALPHABET INC-CL C COMMON STOCK                | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |      3600 | NS      | $1014552.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| HALLIBURTON COMPANY                            | HALLIBURTON CO COMMON STOCK                   | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               |  | US        |     10900 | NS      | $292556.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| HP INC.                                        | HP INC COMMON STOCK                           | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               |  | US        |     19100 | NS      | $528497.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings, Inc.                       | ENERGIZER HOLDINGS INC COMMON STOCK           | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               |  | US        |      9800 | NS      | $227654.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                                    | PHILLIPS 66 COMMON STOCK                      | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               |  | US        |      3000 | NS      | $408420.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIRLINES HOLDINGS, INC.                 | UNITED AIRLINES HOLDINGS INC COMMON STOCK     | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               |  | US        |      7900 | NS      | $742916.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| H & R BLOCK, INC.                              | H&R BLOCK INC COMMON STOCK                    | CUSIP: N/A<br>LEI: 549300CE3KUCWLZBG404       | Long             | EC               |  | US        |      5400 | NS      | $268596.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| INCYTE CORPORATION                             | INCYTE CORP COMMON STOCK                      | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               |  | US        |      8100 | NS      | $757188.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED RENTALS, INC.                           | UNITED RENTALS INC COMMON STOCK               | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               |  | US        |       500 | NS      | $435590.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA INC.                                     | TEGNA INC COMMON STOCK                        | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               |  | US        |     15800 | NS      | $310786.00    | 0.23%             |  |  |  | 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      | $489325.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KRAFT HEINZ COMPANY                        | KRAFT HEINZ CO/THE COMMON STOCK               | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               |  | US        |     21860 | NS      | $540597.80    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| EBAY INC.                                      | EBAY INC COMMON STOCK                         | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               |  | US        |     10000 | NS      | $813100.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP, INC.                                      | BXP INC REIT                                  | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               |  | US        |      5600 | NS      | $398664.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DROPBOX, INC.                                  | DROPBOX INC-CLASS A COMMON STOCK              | CUSIP: 26210C104<br>LEI: N/A                  | Long             | EC               |  | US        |     14100 | NS      | $408900.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC.                                   | CUMMINS INC COMMON STOCK                      | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               |  | US        |      1600 | NS      | $700288.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORPORATION                                | FOX CORP - CLASS A COMMON STOCK               | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               |  | US        |      9300 | NS      | $601245.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation        | BANK OF NEW YORK MELLON CORP COMMON STOCK     | CUSIP: N/A<br>LEI: WFLLPEPC7FZXENRZV188       | Long             | EC               |  | US        |     10900 | NS      | $1176437.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS, INC.                        | APPLIED MATERIALS INC COMMON STOCK            | CUSIP: N/A<br>LEI: 41BNNE1AFPNAZELZ6K07       | Long             | EC               |  | US        |      2700 | NS      | $629370.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                          | GILEAD SCIENCES INC COMMON STOCK              | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               |  | US        |      9900 | NS      | $1185921.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CIGNA GROUP                                | THE CIGNA GROUP COMMON STOCK                  | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               |  | US        |      3300 | NS      | $806553.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M COMPANY                                     | 3M CO COMMON STOCK                            | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               |  | US        |      3100 | NS      | $516150.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH, INC.                          | CARDINAL HEALTH INC COMMON STOCK              | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               |  | US        |      2900 | NS      | $553233.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC.                                   | WALMART INC COMMON STOCK                      | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               |  | US        |     12300 | NS      | $1244514.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P GLOBAL INC.                                | S&P GLOBAL INC COMMON STOCK                   | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               |  | US        |       500 | NS      | $243605.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL FINANCIAL, INC.                     | PRUDENTIAL FINANCIAL INC COMMON STOCK         | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               |  | US        |      5400 | NS      | $561600.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                    | BANK OF AMERICA CORP COMMON STOCK             | CUSIP: N/A<br>LEI: 9DJT3UXIJIZJI4WXO774       | Long             | EC               |  | US        |     36200 | NS      | $1934890.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Limited                        | SIGNET JEWELERS LTD COMMON STOCK              | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               |  | US        |      4300 | NS      | $425055.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLINOIS TOOL WORKS INC.                       | ILLINOIS TOOL WORKS COMMON STOCK              | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               |  | US        |      1300 | NS      | $317096.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION     | ZIONS BANCORP NA COMMON STOCK                 | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               |  | US        |      7200 | NS      | $375192.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                    | VERIZON COMMUNICATIONS INC COMMON STOCK       | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               |  | US        |     36500 | NS      | $1450510.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| THE MOSAIC COMPANY                             | MOSAIC CO/THE COMMON STOCK                    | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               |  | US        |      9500 | NS      | $260775.00    | 0.19%             |  |  |  | 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      | $477422.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                                   | US BANCORP COMMON STOCK                       | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               |  | US        |     11600 | NS      | $541488.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS, INC.                            | CISCO SYSTEMS INC COMMON STOCK                | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               |  | US        |     28000 | NS      | $2047080.00   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORPORATION                             | TARGET CORP COMMON STOCK                      | CUSIP: N/A<br>LEI: 8WDDFXB5T1Z6J0XC1L66       | Long             | EC               |  | US        |      7000 | NS      | $649040.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| NETAPP, INC.                                   | NETAPP INC COMMON STOCK                       | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               |  | US        |      3100 | NS      | $365118.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CONAGRA BRANDS, INC.                           | CONAGRA BRANDS INC COMMON STOCK               | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               |  | US        |     15900 | NS      | $273321.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTENE CORPORATION                            | CENTENE CORP COMMON STOCK                     | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               |  | US        |     12500 | NS      | $442125.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYPAL HOLDINGS, INC.                          | PAYPAL HOLDINGS INC COMMON STOCK              | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               |  | US        |     14200 | NS      | $983634.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION                            | COMCAST CORP-CLASS A COMMON STOCK             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               |  | US        |     37400 | NS      | $1041029.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ALLSTATE CORPORATION                       | ALLSTATE CORP COMMON STOCK                    | CUSIP: N/A<br>LEI: OBT0W1ED8G0NWVOLOJ77       | Long             | EC               |  | US        |      4400 | NS      | $842688.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-31

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

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

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