# EDGAR Filing Document

**Accession Number:** 0001593547
**File Stem:** 0002048251-26-005302
**Filing Date:** 2026-6
**Character Count:** 29204
**Document Hash:** 92228bb27ed389118c6b7b6013fc2405
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-005302.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0002048251-26-005302

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisors' Inner Circle Fund III
- **CENTRAL INDEX KEY:** 0001593547

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22920
- **FILM NUMBER:** 261121213

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** (800) 342-5734

**MAIL ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456

## Series and Classes Contracts Data

### Knights of Columbus Large Cap Value Fund (Series ID: S000048265)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000152512 | I Shares       | KCVIX           |
| C000158710 | Class S Shares | KCVSX           |

## 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 III

- **b. Investment Company Act file number:** 811-22920

- **c. CIK number of Registrant:** 0001593547

- **d. LEI of Registrant:** 549300TG800HOPJVWT31

- **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:** Knights of Columbus Large Cap Value Fund

- **b. EDGAR series identifier (if any):** S000048265

- **c. LEI of Series:** 54930081PCL0V24RMD32

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

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

- **b. Date as of which information is reported:** 2026-04-30

**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:** $352048556.11

**Total Liabilities:** $238757.70

**Net Assets:** $351809798.41

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000158710 | 5.45%                | -3.61%               | 3.17%                |
| Class ID C000152512 | 5.50%                | -3.59%               | 3.17%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5825723.73              | $12159262.52                               |
| Month 2  | $8053700.15              | $-20585625.23                              |
| Month 3  | $2310934.62              | $6198277.46                                |

### Schedule of Portfolio Investments

| Name                                             | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| THE ALLSTATE CORPORATION                         | ALLSTATE CORP COMMON STOCK                    | CUSIP: N/A<br>LEI: OBT0W1ED8G0NWVOLOJ77       | Long             | EC               |  | US        |     21072 | NS      | $4578102.72   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PUBLIC LIMITED COMPANY                    | STERIS PLC COMMON STOCK                       | CUSIP: G8473T100<br>LEI: N/A                  | Long             | EC               |  | US        |      7181 | NS      | $1557415.28   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL FUEL GAS COMPANY                        | NATIONAL FUEL GAS CO COMMON STOCK             | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               |  | US        |     49509 | NS      | $4177569.42   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORPORATION                              | CHEVRON CORP COMMON STOCK                     | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               |  | US        |     54877 | NS      | $10608272.87  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS CAPITAL HOLDINGS LIMITED                    | AXIS CAPITAL HOLDINGS LTD COMMON STOCK        | CUSIP: G0692U109<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               |  | US        |     36544 | NS      | $3669383.04   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORPORATION                                | INTEL CORP COMMON STOCK                       | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               |  | US        |     56361 | NS      | $5324987.28   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST HORIZON CORPORATION                        | FIRST HORIZON CORP COMMON STOCK               | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               |  | US        |    212072 | NS      | $5293317.12   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY                     | PROCTER & GAMBLE CO/THE COMMON STOCK          | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               |  | US        |     37169 | NS      | $5467188.21   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PUBLIC LIMITED COMPANY                     | LINDE PLC COMMON STOCK                        | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               |  | US        |      8620 | NS      | $4319826.80   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd                              | VIKING HOLDINGS LTD COMMON STOCK              | CUSIP: G93A5A101<br>LEI: 52990032GOPN7BVQMN13 | Long             | EC               |  | US        |     23857 | NS      | $1954126.87   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                             | JPMORGAN CHASE & CO COMMON STOCK              | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               |  | US        |     17529 | NS      | $5490608.67   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| LENNAR CORPORATION                               | LENNAR CORP-A COMMON STOCK                    | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               |  | US        |     23893 | NS      | $2157537.90   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                                     | US BANCORP COMMON STOCK                       | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               |  | US        |     58658 | NS      | $3323562.28   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| STEEL DYNAMICS, INC.                             | STEEL DYNAMICS INC COMMON STOCK               | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               |  | US        |     31009 | NS      | $7090517.94   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION                              | COMCAST CORP-CLASS A COMMON STOCK             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               |  | US        |    141434 | NS      | $3824375.36   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MONSTER BEVERAGE CORPORATION                     | MONSTER BEVERAGE CORP COMMON STOCK            | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               |  | US        |     25951 | NS      | $2000043.57   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORPORATION                            | MICROSOFT CORP COMMON STOCK                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               |  | US        |      1819 | NS      | $741751.82    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP, INC.               | AMERICAN INTERNATIONAL GROUP COMMON STOCK     | CUSIP: N/A<br>LEI: ODVCVCQG2BP6VHV36M30       | Long             | EC               |  | US        |     56681 | NS      | $4239738.80   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP.                                | FIRSTENERGY CORP COMMON STOCK                 | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               |  | US        |    107507 | NS      | $5108732.64   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC.                                     | CUMMINS INC COMMON STOCK                      | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               |  | US        |      5682 | NS      | $3812678.82   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION      | INTL BUSINESS MACHINES CORP COMMON STOCK      | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               |  | US        |     19969 | NS      | $4612439.62   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC.                                        | AT&T INC COMMON STOCK                         | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               |  | US        |    257841 | NS      | $6737385.33   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWE'S COMPANIES, INC.                           | LOWE'S COS INC COMMON STOCK                   | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               |  | US        |     13992 | NS      | $3341149.68   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS, INC.                              | CISCO SYSTEMS INC COMMON STOCK                | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               |  | US        |     69357 | NS      | $6346165.50   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| W.P. CAREY INC.                                  | WP CAREY INC REIT                             | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               |  | US        |     27921 | NS      | $2036278.53   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED RENTALS, INC.                             | UNITED RENTALS INC COMMON STOCK               | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               |  | US        |      2170 | NS      | $2082852.80   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC.                                   | WELLTOWER INC REIT                            | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               |  | US        |      9698 | NS      | $2107763.32   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CASEY'S GENERAL STORES, INC.                     | CASEY'S GENERAL STORES INC COMMON STOCK       | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               |  | US        |      4235 | NS      | $3481805.25   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                                   | CONOCOPHILLIPS COMMON STOCK                   | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               |  | US        |     39271 | NS      | $4939506.38   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| BAKER HUGHES COMPANY                             | BAKER HUGHES CO COMMON STOCK                  | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               |  | US        |     59370 | NS      | $4136307.90   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                                   | CITIGROUP INC COMMON STOCK                    | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               |  | US        |     80935 | NS      | $10358061.30  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. HORTON, INC.                                | DR HORTON INC COMMON STOCK                    | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               |  | US        |     17191 | NS      | $2645007.26   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH, INC.                            | CARDINAL HEALTH INC COMMON STOCK              | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               |  | US        |     22368 | NS      | $4314339.84   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                            | AECOM COMMON STOCK                            | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               |  | US        |     38912 | NS      | $3272499.20   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| QUEST DIAGNOSTICS INCORPORATED                   | QUEST DIAGNOSTICS INC COMMON STOCK            | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               |  | US        |     23425 | NS      | $4549135.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE MANAGEMENT, INC.                           | WASTE MANAGEMENT INC COMMON STOCK             | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               |  | US        |     14373 | NS      | $3342441.15   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                      | WESTERN DIGITAL CORP COMMON STOCK             | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               |  | US        |      3867 | NS      | $1680288.84   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORPORATION                                | FEDEX CORP COMMON STOCK                       | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               |  | US        |     16371 | NS      | $6602588.01   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGY INC                                     | STRATEGY INC- CL A COMMON STOCK               | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               |  | US        |     10354 | NS      | $1713069.30   | 0.49%             |  |  |  | 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        |     23903 | NS      | $3270169.43   | 0.93%             |  |  |  | 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        |     43319 | NS      | $5820774.03   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M COMPANY                                       | 3M CO COMMON STOCK                            | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               |  | US        |     22856 | NS      | $3348861.12   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORPORATION                              | NEWMONT CORP COMMON STOCK                     | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               |  | US        |     16005 | NS      | $1777995.45   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMO BRANDS CORPORATION                         | PRIMO BRANDS CORP COMMON STOCK                | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               |  | US        |    166761 | NS      | $3398589.18   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortis Inc.                                      | FORTIS INC COMMON STOCK                       | CUSIP: 349553107<br>LEI: 549300MQYQ9Y065XPR71 | Long             | EC               |  | US        |     77311 | NS      | $4422962.31   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TJX COMPANIES, INC.                          | TJX COMPANIES INC COMMON STOCK                | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               |  | US        |     26058 | NS      | $4084591.50   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                            | GILEAD SCIENCES INC COMMON STOCK              | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               |  | US        |     42251 | NS      | $5528120.84   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC.                          | BERKSHIRE HATHAWAY INC-CL B COMMON STOCK      | CUSIP: N/A<br>LEI: 5493000C01ZX7D35SD85       | Long             | EC               |  | US        |      8645 | NS      | $4094272.00   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORPORATION                              | ENTERGY CORP COMMON STOCK                     | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               |  | US        |     50495 | NS      | $5953865.45   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| KINDER MORGAN, INC.                              | KINDER MORGAN INC COMMON STOCK                | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               |  | US        |    156285 | NS      | $5137087.95   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.            | AMERICAN ELECTRIC POWER COMMON STOCK          | CUSIP: N/A<br>LEI: 1B4S6S7G0TW5EE83BO58       | Long             | EC               |  | US        |     31222 | NS      | $4280848.42   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                    | GOLDMAN SACHS GROUP INC COMMON STOCK          | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               |  | US        |      8650 | NS      | $7990610.50   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                    | ALPHABET INC-CL A COMMON STOCK                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |      4721 | NS      | $1816640.80   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                      | BANK OF AMERICA CORP COMMON STOCK             | CUSIP: N/A<br>LEI: 9DJT3UXIJIZJI4WXO774       | Long             | EC               |  | US        |    240606 | NS      | $12862796.76  | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                            | WELLS FARGO & CO COMMON STOCK                 | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               |  | US        |     42917 | NS      | $3529064.91   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico, Inc.                                    | PEPSICO INC COMMON STOCK                      | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               |  | US        |     33367 | NS      | $5288335.83   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| DEXCOM, INC.                                     | DEXCOM INC COMMON STOCK                       | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               |  | US        |     62018 | NS      | $3693171.90   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC.                                     | WALMART INC COMMON STOCK                      | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               |  | US        |     24656 | NS      | $3252866.08   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED                            | QUALCOMM INC COMMON STOCK                     | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               |  | US        |     12177 | NS      | $2186745.66   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST INDUSTRIAL REALTY TRUST, INC.              | FIRST INDUSTRIAL REALTY TR REIT               | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               |  | US        |     65660 | NS      | $4071576.60   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INCORPORATED                   | TEXAS INSTRUMENTS INC COMMON STOCK            | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               |  | US        |     25123 | NS      | $7061572.84   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WEATHERFORD INTERNATIONAL PUBLIC LIMITED COMPANY | WEATHERFORD INTERNATIONAL PL COMMON STOCK     | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               |  | US        |     27182 | NS      | $2999533.70   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR GENERAL CORPORATION                       | DOLLAR GENERAL CORP COMMON STOCK              | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               |  | US        |     41199 | NS      | $4774140.12   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                   | MORGAN STANLEY COMMON STOCK                   | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               |  | US        |     33611 | NS      | $6405920.49   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                              | BROWN BROTHERS HARRIMAN SWEEP INTEREST        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   5986889 | PA      | $5986889.04   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORPORATION                        | VALERO ENERGY CORP COMMON STOCK               | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               |  | US        |     23080 | NS      | $5829546.40   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| MOTOROLA SOLUTIONS, INC.                         | MOTOROLA SOLUTIONS INC COMMON STOCK           | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               |  | US        |      6953 | NS      | $3052575.59   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY, INC.                          | MICRON TECHNOLOGY INC COMMON STOCK            | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               |  | US        |      7282 | NS      | $3765959.12   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| OMEGA HEALTHCARE INVESTORS, INC.                 | OMEGA HEALTHCARE INVESTORS REIT               | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               |  | US        |     98730 | NS      | $4637348.10   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL FINANCIAL, INC.                       | PRUDENTIAL FINANCIAL INC COMMON STOCK         | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               |  | US        |     48991 | NS      | $4806507.01   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| THE COCA-COLA COMPANY                            | COCA-COLA CO/THE COMMON STOCK                 | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               |  | US        |     17286 | NS      | $1361445.36   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| JONES LANG LASALLE INCORPORATED                  | JONES LANG LASALLE INC COMMON STOCK           | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               |  | US        |      4945 | NS      | $1573152.85   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                | CAPITAL ONE FINANCIAL CORP COMMON STOCK       | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               |  | US        |     24280 | NS      | $4644764.00   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY               | HEWLETT PACKARD ENTERPRISE COMMON STOCK       | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               |  | US        |    152428 | NS      | $4385353.56   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                      | VERIZON COMMUNICATIONS INC COMMON STOCK       | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               |  | US        |    108930 | NS      | $5231907.90   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corporation                                  | CSX CORP COMMON STOCK                         | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               |  | US        |     92386 | NS      | $4197095.98   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                          | EXXON MOBIL CORP COMMON STOCK                 | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               |  | US        |    104384 | NS      | $16109582.72  | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS COMPANY                           | GENERAL MOTORS CO COMMON STOCK                | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               |  | US        |     74928 | NS      | $5761213.92   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

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

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

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