# EDGAR Filing Document

**Accession Number:** 0000878719
**File Stem:** 0002048251-26-002535
**Filing Date:** 2026-3
**Character Count:** 23975
**Document Hash:** 2a3e0ff2a9953d3d76cd5981be6ce6b7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-002535.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0002048251-26-002535

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**PERIOD START**: 20261031

**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:** 26818890

**BUSINESS ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19087
- **BUSINESS PHONE:** 8009327781

**MAIL ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19087

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ADVISORS INNER CIRCLE FUND
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

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

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

## Nport-Ex

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND** | **SANDS CAPITAL GLOBAL** |
|  | **GROWTH FUND** |
|  | **January 31, 2026** (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Schedule of Investments** | | |
| **Common Stock†† — 98.6%** | | |
|  |<br>**SHARES** |<br>**VALUE** |
| **Argentina — 3.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary — 3.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MercadoLibre \* | 13598 | $29205648 |
| **Total Argentina** |  | 29205648 |
| **Australia — 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**Health Care — 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pro Medicus | 46281 | 5916715 |
| **Total Australia** |  | 5916715 |
| **Belgium — 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**Health Care — 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;argenx ADR \* | 16542 | 13903551 |
| **Total Belgium** |  | 13903551 |
| **Canada — 4.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary — 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dollarama | 104261 | 14050522 |
| &nbsp;&nbsp;&nbsp;**Information Technology — 3.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shopify, Cl A \* | 194088 | 25470168 |
| **Total Canada** |  | 39520690 |
| **Germany — 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Communication Services — 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CTS Eventim & KGaA | 88074 | 7401861 |
| **Total Germany** |  | 7401861 |
| **India — 6.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary — 2.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Titan | 509558 | 22048711 |
| &nbsp;&nbsp;&nbsp;**Financials — 4.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bajaj Finance | 2007467 | 20310273 |

---

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND** | **SANDS CAPITAL GLOBAL** |
|  | **GROWTH FUND** |
|  | **January 31, 2026** (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Common Stock†† — continued** | | |
|  |<br>**SHARES** |<br>**VALUE** |
| &nbsp;&nbsp;&nbsp;**Financials — (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HDFC Bank | 1415882 | $14316373 |
|  |  | 34626646 |
| **Total India** |  | 56675357 |
| **Japan — 2.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Information Technology — 2.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Keyence | 47400 | 17389188 |
| **Total Japan** |  | 17389188 |
| **Netherlands — 6.2%** |  |  |
| &nbsp;&nbsp;&nbsp;**Financials — 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adyen \* | 10450 | 15495782 |
| &nbsp;&nbsp;&nbsp;**Information Technology — 4.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASML Holding, Cl G | 25105 | 35724415 |
| **Total Netherlands** |  | 51220197 |
| **South Korea — 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**Information Technology — 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SK hynix | 23026 | 14376916 |
| **Total South Korea** |  | 14376916 |
| **Sweden — 2.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Communication Services — 2.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spotify Technology \* | 37561 | 18793646 |
| **Total Sweden** |  | 18793646 |
| **Switzerland — 5.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary — 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On Holding, Cl A \* | 308102 | 13941616 |
| &nbsp;&nbsp;&nbsp;**Health Care — 3.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Galderma Group | 148350 | 27652289 |
| **Total Switzerland** |  | 41593905 |

---

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND** | **SANDS CAPITAL GLOBAL** |
|  | **GROWTH FUND** |
|  | **January 31, 2026** (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Common Stock†† — continued** | | |
|  |<br>**SHARES** |<br>**VALUE** |
| **Taiwan — 5.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Information Technology — 5.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing ADR | 132248 | $43715899 |
| **Total Taiwan** |  | 43715899 |
| **United Kingdom — 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**Financials — 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3i Group PLC | 248943 | 11436179 |
| **Total United Kingdom** |  | 11436179 |
| **United States — 56.0%** |  |  |
| &nbsp;&nbsp;&nbsp;**Communication Services — 9.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Cl A | 145182 | 49071516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netflix \* | 296799 | 24779748 |
|  |  | 73851264 |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary — 11.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com \* | 167496 | 40081793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carvana, Cl A \* | 45550 | 18270560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DoorDash, Cl A \* | 117447 | 24032005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flutter Entertainment \* | 97524 | 16106089 |
|  |  | 98490447 |
| &nbsp;&nbsp;&nbsp;**Financials — 4.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intercontinental Exchange | 100802 | 17517372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Cl A | 56305 | 18120638 |
|  |  | 35638010 |
| &nbsp;&nbsp;&nbsp;**Health Care — 4.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical \* | 48174 | 24290294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IRhythm Holdings \* | 82879 | 12805634 |
|  |  | 37095928 |
| &nbsp;&nbsp;&nbsp;**Industrials — 9.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axon Enterprise \* | 52899 | 25580898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bloom Energy, Cl A \* | 65169 | 9864632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Builders FirstSource \* | 134515 | 15388516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlisle | 47195 | 16088304 |

---

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND** | **SANDS CAPITAL GLOBAL** |
|  | **GROWTH FUND** |
|  | **January 31, 2026** (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Common Stock†† — continued** | | |
|  |<br>**SHARES** |<br>**VALUE** |
| &nbsp;&nbsp;&nbsp;**Industrials — (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tetra Tech | 341482 | $12860212 |
|  |  | 79782562 |
| &nbsp;&nbsp;&nbsp;**Information Technology — 16.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AppLovin, Cl A \* | 28455 | 13462345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloudflare, Cl A \* | 92705 | 16441232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA | 413928 | 79114059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samsara, Cl A \* | 431897 | 12114711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ServiceNow \* | 131049 | 15334043 |
|  |  | 136466390 |
| **Total United States** |  | 461324601 |
| **Total Common Stock** |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $492,589,313) |  | 812474353 |
| &nbsp;&nbsp;&nbsp;**Total Investments— 98.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $492,589,313) |  | $812474353 |

---

Percentages are based on Net Assets of $824,246,663.

†† More narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting purposes.

\* Non-income producing security.

ADR — American Depositary Receipt

Cl — Class

PLC — Public Limited Company

SAN-QH-001-3200

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ADVISORS' INNER CIRCLE FUND

- **b. Investment Company Act file number:** 811-06400

- **c. CIK number of Registrant:** 0000878719

- **d. LEI of Registrant:** 549300LRWL70Z8CGWD77

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** ONE FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8774463863

**Item A.2. Information about the Series.**

- **a. Name of Series:** Sands Capital Global Growth Fund

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

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

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

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

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $830536867.33

**Total Liabilities:** $6274580.00

**Net Assets:** $824262287.33

**Cash Not Reported:** $7591.76

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000086651 | -3.66%               | 0.50%                | -4.74%               |
| Class ID C000086650 | -3.67%               | 0.55%                | -4.73%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2815521.21              | $-33835203.41                              |
| Month 2  | $30658120.30             | $-25966569.34                              |
| Month 3  | $4744018.51              | $-49284290.79                              |

### Schedule of Portfolio Investments

| Name                                         | Title                                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FLUTTER ENTERTAINMENT PUBLIC LIMITED COMPANY | FLUTTER ENTERTAINMENT PLC-DI COMMON STOCK      | CUSIP: G3643J108<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               |  | US        |     97524 | NS      | $16106088.60  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CARLISLE COMPANIES INCORPORATED              | CARLISLE COS INC COMMON STOCK                  | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               |  | US        |     47195 | NS      | $16088303.55  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX, INC.                                | NETFLIX INC COMMON STOCK                       | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               |  | US        |    296799 | NS      | $24779748.51  | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.              | INTERCONTINENTAL EXCHANGE IN COMMON STOCK      | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               |  | US        |    100802 | NS      | $17517371.56  | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOOM ENERGY CORPORATION                     | BLOOM ENERGY CORP- A COMMON STOCK              | CUSIP: N/A<br>LEI: 549300XB5J9BFW5JXV97       | Long             | EC               |  | US        |     65169 | NS      | $9864631.53   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CLOUDFLARE, INC.                             | CLOUDFLARE INC - CLASS A COMMON STOCK          | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               |  | US        |     92705 | NS      | $16441231.75  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOPIFY INC.                                 | SHOPIFY INC - CLASS A COMMON STOCK             | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               |  | US        |    194088 | NS      | $25470168.24  | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Pro Medicus Ltd                              | PRO MEDICUS LTD COMMON STOCK                   | CUSIP: N/A<br>LEI: 98450085A903D1BMFF27       | Long             | EC               |  | AU        |     46281 | NS      | $5916714.75   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| 3I GROUP PLC                                 | 3I GROUP PLC COMMON STOCK                      | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               |  | GB        |    248943 | NS      | $11436178.65  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                                | ON HOLDING AG-CLASS A COMMON STOCK             | CUSIP: H5919C104<br>LEI: 506700FB3467B9W95526 | Long             | EC               |  | US        |    308102 | NS      | $13941615.50  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW, INC.                             | SERVICENOW INC COMMON STOCK                    | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               |  | US        |    131049 | NS      | $15334043.49  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre, Inc.                           | MERCADOLIBRE INC COMMON STOCK                  | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               |  | US        |     13598 | NS      | $29205648.42  | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsara Inc                                  | SAMSARA INC-CL A COMMON STOCK                  | CUSIP: 79589L106<br>LEI: N/A                  | Long             | EC               |  | US        |    431897 | NS      | $12114710.85  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Eventim AG & Co. KGaA                    | CTS EVENTIM AG & CO KGAA COMMON STOCK          | CUSIP: N/A<br>LEI: 529900FDHSN08UBJII80       | Long             | EC               |  | DE        |     88074 | NS      | $7401860.67   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                            | ASML HOLDING NV-NY REG SHS DEPOSITARY RECEIPT  | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               |  | US        |     25105 | NS      | $35724415.00  | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| TITAN COMPANY LIMITED                        | TITAN CO LTD COMMON STOCK                      | CUSIP: N/A<br>LEI: 549300RO9VJWPK37FE54       | Long             | EC               |  | IN        |    509558 | NS      | $22048711.27  | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC.                                    | VISA INC-CLASS A SHARES COMMON STOCK           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               |  | US        |     56305 | NS      | $18120638.15  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SK hynix Inc.                                | SK HYNIX INC COMMON STOCK                      | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               |  | KR        |     23026 | NS      | $14376915.72  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORPORATION                         | APPLOVIN CORP-CLASS A COMMON STOCK             | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               |  | US        |     28455 | NS      | $13462345.05  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SURGICAL, INC.                     | INTUITIVE SURGICAL INC COMMON STOCK            | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               |  | US        |     48174 | NS      | $24290294.28  | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE, INC.                   | BUILDERS FIRSTSOURCE INC COMMON STOCK          | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               |  | US        |    134515 | NS      | $15388516.00  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Galderma Group Ltd                           | GALDERMA GROUP AG COMMON STOCK                 | CUSIP: N/A<br>LEI: 89450001OK6O8ELQ4584       | Long             | EC               |  | CH        |    148350 | NS      | $27652288.97  | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY S.A.                      | SPOTIFY TECHNOLOGY SA COMMON STOCK             | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               |  | US        |     37561 | NS      | $18793646.35  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| IRHYTHM HOLDINGS, INC.                       | IRHYTHM HOLDINGS INC COMMON STOCK              | CUSIP: 450056106<br>LEI: N/A                  | Long             | EC               |  | US        |     82879 | NS      | $12805634.29  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC BANK LIMITED                            | HDFC BANK LIMITED COMMON STOCK                 | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               |  | IN        |   1415882 | NS      | $14316372.90  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen N.V.                                   | ADYEN NV COMMON STOCK                          | CUSIP: N/A<br>LEI: 724500973ODKK3IFQ447       | Long             | EC               |  | NL        |     10989 | NS      | $16295037.74  | 1.98%             |  |  |  | Yes           |                  1 | On Loan: No      |
| AXON ENTERPRISE, INC.                        | AXON ENTERPRISE INC COMMON STOCK               | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               |  | US        |     52899 | NS      | $25580898.42  | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN BROTHERS HARRIMAN & CO.                | FX Forward Contract: USD/EUR SETTLE 2026-02-02 | CUSIP: N/A<br>LEI: 5493006KMX1VFTPYPW14       | N/A              | DFE              |  | US        |         1 | NC      | $5055.46      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| argenx SE                                    | ARGENX SE - ADR DEPOSITARY RECEIPT             | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               |  | US        |     16542 | NS      | $13903551.00  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYENCE CORPORATION                          | KEYENCE CORP COMMON STOCK                      | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               |  | JP        |     47400 | NS      | $17389188.20  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BAJAJ FINANCE LIMITED                        | BAJAJ FINANCE LTD COMMON STOCK                 | CUSIP: N/A<br>LEI: 335800YTEXC3DO4Z6F68       | Long             | EC               |  | IN        |   2007467 | NS      | $20310273.14  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| DOORDASH, INC.                               | DOORDASH INC - A COMMON STOCK                  | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               |  | US        |    117447 | NS      | $24032005.14  | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORPORATION                           | NVIDIA CORP COMMON STOCK                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               |  | US        |    413928 | NS      | $79114058.64  | 9.60%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                             | AMAZON.COM INC COMMON STOCK                    | CUSIP: N/A<br>LEI: ZXTILKJKG63JELOEG630       | Long             | EC               |  | US        |    167496 | NS      | $40081792.80  | 4.86%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | BROWN BROTHERS HARRIMAN SWEEP INTEREST         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |  15593800 | PA      | $15593800.00  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                | ALPHABET INC-CL A COMMON STOCK                 | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |    145182 | NS      | $49071516.00  | 5.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CARVANA CO.                                  | CARVANA CO COMMON STOCK                        | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               |  | US        |     45550 | NS      | $18270560.50  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLARAMA INC.                               | DOLLARAMA INC COMMON STOCK                     | CUSIP: 25675T107<br>LEI: 5493002GJ0NJP1HI0C79 | Long             | EC               |  | CA        |    104261 | NS      | $14050522.16  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA TECH, INC.                             | TETRA TECH INC COMMON STOCK                    | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               |  | US        |    341482 | NS      | $12860212.12  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | TAIWAN SEMICONDUCTOR-SP ADR DEPOSITARY RECEIPT | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               |  | US        |    132248 | NS      | $43715898.88  | 5.30%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

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

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

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