# EDGAR Filing Document

**Accession Number:** 0000878719
**File Stem:** 0001752724-25-159695
**Filing Date:** 2025-6
**Character Count:** 18114
**Document Hash:** ec67bae953c85135980633bdca47ac8a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-159695.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-159695

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**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:** 251079584

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

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

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

## Series and Classes Contracts Data

### CAMBIAR SMALL CAP FUND (Series ID: S000005785)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000015899 | INVESTOR CLASS SHARES      | CAMSX           |
| C000070602 | INSTITUTIONAL CLASS SHARES | CAMZX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8774463863

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

- **a. Name of Series:** Cambiar Small Cap Fund

- **b. EDGAR series identifier (if any):** S000005785

- **c. LEI of Series:** 549300LT4C3HQ4YGG284

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

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

- **b. Date as of which information is reported:** 2025-04-30

**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:** $62713916.80

**Total Liabilities:** $75725.54

**Net Assets:** $62638191.26

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000015899 | -2.67%               | -5.07%               | -3.52%               |
| Class ID C000070602 | -2.68%               | -5.02%               | -3.53%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1190096.29              | $-2876136.36                               |
| Month 2  | $1000972.03              | $-4598094.27                               |
| Month 3  | $1403412.56              | $-4055275.43                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| INSPERITY, INC.                            | INSPERITY INC COMMON STOCK                       | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               |  | US        |     14990 | NS      | $974499.90    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP, INC.                              | IDACORP INC COMMON STOCK                         | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               |  | US        |     11690 | NS      | $1380472.10   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS CAPITAL BANCSHARES, INC.             | TEXAS CAPITAL BANCSHARES INC COMMON STOCK        | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               |  | US        |     28145 | NS      | $1918081.75   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERICAN FINANCIAL CORPORATION       | FIRST AMERICAN FINANCIAL COMMON STOCK            | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               |  | US        |     30580 | NS      | $1859569.80   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| RAMBUS INC.                                | RAMBUS INC COMMON STOCK                          | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               |  | US        |     27390 | NS      | $1336358.10   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHCARE SERVICES GROUP, INC.            | HEALTHCARE SERVICES GROUP COMMON STOCK           | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               |  | US        |    108785 | NS      | $1545834.85   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHEQUITY, INC.                         | HEALTHEQUITY INC COMMON STOCK                    | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               |  | US        |     12770 | NS      | $1094644.40   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies Inc          | ATMUS FILTRATION TECHNOLOGIE COMMON STOCK        | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               |  | US        |     47930 | NS      | $1661733.10   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Sportradar Group AG                        | SPORTRADAR GROUP AG-A COMMON STOCK               | CUSIP: H8088L103<br>LEI: 549300H1P33YOAT7Z533 | Long             | EC               |  | US        |     62515 | NS      | $1444721.65   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PROSPERITY BANCSHARES, INC.                | PROSPERITY BANCSHARES INC COMMON STOCK           | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               |  | US        |     24495 | NS      | $1663210.50   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| RENAISSANCERE HOLDINGS LTD.                | RENAISSANCERE HOLDINGS LTD COMMON STOCK          | CUSIP: G7496G103<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               |  | US        |      7455 | NS      | $1803588.15   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED ENERGY INDUSTRIES, INC.           | ADVANCED ENERGY INDUSTRIES COMMON STOCK          | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               |  | US        |     16140 | NS      | $1572197.40   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHSTREAM, INC.                         | HEALTHSTREAM INC COMMON STOCK                    | CUSIP: 42222N103<br>LEI: 529900OJ88H8635JNH64 | Long             | EC               |  | US        |     63900 | NS      | $2148957.00   | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| DIODES INCORPORATED                        | DIODES INC COMMON STOCK                          | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               |  | US        |     21910 | NS      | $841344.00    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN HEALTHCARE SERVICES, INC.              | AMN HEALTHCARE SERVICES INC COMMON STOCK         | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               |  | US        |     22060 | NS      | $450685.80    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBUS MEDICAL, INC.                       | GLOBUS MEDICAL INC - A COMMON STOCK              | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               |  | US        |     31190 | NS      | $2238506.30   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSTREIT CORP.                            | NETSTREIT CORP REIT                              | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               |  | US        |     97370 | NS      | $1584209.90   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL DISPLAY CORPORATION              | UNIVERSAL DISPLAY CORP COMMON STOCK              | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               |  | US        |      9665 | NS      | $1214213.95   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED BANKSHARES, INC.                    | UNITED BANKSHARES INC COMMON STOCK               | CUSIP: 909907107<br>LEI: 5299005O3BAMJ9Z92V62 | Long             | EC               |  | US        |     47395 | NS      | $1625174.55   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS CAPITAL HOLDINGS LIMITED              | AXIS CAPITAL HOLDINGS LTD COMMON STOCK           | CUSIP: G0692U109<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               |  | US        |     19215 | NS      | $1850788.80   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELIXIS, INC.                             | EXELIXIS INC COMMON STOCK                        | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               |  | US        |     40830 | NS      | $1598494.50   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CABOT CORPORATION                          | CABOT CORP COMMON STOCK                          | CUSIP: 127055101<br>LEI: K05C0SER542GQ6VLRO68 | Long             | EC               |  | US        |     15975 | NS      | $1254676.50   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| U. S. PHYSICAL THERAPY, INC.               | U.S. PHYSICAL THERAPY INC COMMON STOCK           | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Long             | EC               |  | US        |     19395 | NS      | $1379178.45   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| REINSURANCE GROUP OF AMERICA, INCORPORATED | REINSURANCE GROUP OF AMERICA COMMON STOCK        | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               |  | US        |      8905 | NS      | $1667995.55   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard, Inc.                               | LAZARD INC COMMON STOCK                          | CUSIP: 52110M109<br>LEI: N/A                  | Long             | EC               |  | US        |     21290 | NS      | $828181.00    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| FORRESTER RESEARCH, INC.                   | FORRESTER RESEARCH INC COMMON STOCK              | CUSIP: 346563109<br>LEI: 549300UUSFXYLJ80Z897 | Long             | EC               |  | US        |     54015 | NS      | $505040.25    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy, Inc.                          | TXNM ENERGY INC COMMON STOCK                     | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               |  | US        |     26465 | NS      | $1407938.00   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ADDUS HOMECARE CORPORATION                 | ADDUS HOMECARE CORP COMMON STOCK                 | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               |  | US        |     12170 | NS      | $1272373.50   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNOLIA OIL & GAS CORPORATION             | MAGNOLIA OIL & GAS CORP - A COMMON STOCK         | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               |  | US        |     77595 | NS      | $1593025.35   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON OUTDOORS INC.                      | JOHNSON OUTDOORS INC-A COMMON STOCK              | CUSIP: 479167108<br>LEI: N/A                  | Long             | EC               |  | US        |     30430 | NS      | $694716.90    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOVAGE HOLDING CORP.                     | INNOVAGE HOLDING CORP COMMON STOCK               | CUSIP: 45784A104<br>LEI: N/A                  | Long             | EC               |  | US        |    217565 | NS      | $680978.45    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HUB GROUP, INC.                            | HUB GROUP INC-CL A COMMON STOCK                  | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               |  | US        |     37280 | NS      | $1177675.20   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Phreesia Inc                               | PHREESIA INC COMMON STOCK                        | CUSIP: 71944F106<br>LEI: 5493000HHF8NU4QOCG53 | Long             | EC               |  | US        |     59210 | NS      | $1477881.60   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOVATIVE INDUSTRIAL PROPERTIES, INC.     | INNOVATIVE INDUSTRIAL PROPER REIT                | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               |  | US        |     16355 | NS      | $888240.05    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ALAMO GROUP INC.                           | ALAMO GROUP INC COMMON STOCK                     | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               |  | US        |      8220 | NS      | $1372575.60   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN INCORPORATED                          | ASGN INC COMMON STOCK                            | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               |  | US        |     16735 | NS      | $843109.30    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| TOWER SEMICONDUCTOR LTD                    | TOWER SEMICONDUCTOR LTD COMMON STOCK             | CUSIP: M87915274<br>LEI: 54930086ZSNXZOUX0C54 | Long             | EC               |  | US        |     33160 | NS      | $1186464.80   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS (HOLDINGS) LIMITED                     | WNS HOLDINGS LTD COMMON STOCK                    | CUSIP: G98196101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               |  | US        |     24405 | NS      | $1476990.60   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap Inc                     | MARCUS & MILLICHAP INC COMMON STOCK              | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               |  | US        |     39560 | NS      | $1202624.00   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| NV5 GLOBAL, INC.                           | NV5 GLOBAL INC COMMON STOCK                      | CUSIP: 62945V109<br>LEI: N/A                  | Long             | EC               |  | US        |     86220 | NS      | $1599381.00   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED COMMUNITY BANKS, INC.               | UNITED COMMUNITY BANKS/GA COMMON STOCK           | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               |  | US        |     62075 | NS      | $1713890.75   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| MONARCH CASINO & RESORT, INC.              | MONARCH CASINO & RESORT INC COMMON STOCK         | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               |  | US        |     26630 | NS      | $2082199.70   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | FIRST AMERICAN TREASURY OBLIGATIONS FUND CLASS X | CUSIP: 31846V328<br>LEI: N/A                  | Long             | STIV             |  | US        |   2751289 | PA      | $2751288.81   | 4.39%             |  |  |  | No            |                  2 | On Loan: No      |
| FRONTDOOR, INC.                            | FRONTDOOR INC COMMON STOCK                       | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               |  | US        |     44120 | NS      | $1813773.20   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-04-30

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

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

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