THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS DISCIPLINED EQUITY FUND JANUARY 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK** — 98.3%	Shares		Value
COMMUNICATION SERVICES — 9.0%
Alphabet, Cl A *	355,491	$	49,804,289
Alphabet, Cl C *	363,158		51,495,805
T-Mobile US	143,971		23,212,444
Walt Disney	203,060		19,503,913
			144,016,451
CONSUMER DISCRETIONARY — 10.7%
Amazon.com *	593,793		92,156,674
Home Depot	106,270		37,509,059
McDonald’s	53,812		15,751,849
TJX	181,547		17,230,626
Ulta Beauty *	16,430		8,248,681
			170,896,889
CONSUMER STAPLES — 3.1%
Costco Wholesale	13,141		9,131,418
Mondelez International, Cl A	227,387		17,115,420
PepsiCo	132,185		22,277,138
			48,523,976
ENERGY — 4.2%
Cheniere Energy	34,012		5,577,628
Chevron	101,264		14,929,352
ConocoPhillips	168,819		18,885,781
Pioneer Natural Resources	122,389		28,128,664
			67,521,425
FINANCIALS — 16.4%
BlackRock, Cl A	19,179		14,850,491
Blackstone, Cl A	198,489		24,701,956
CME Group, Cl A	82,915		17,067,224
Fidelity National Information Services	169,429		10,548,650
Fiserv *	158,766		22,524,132
Intercontinental Exchange	188,707		24,028,062
JPMorgan Chase	131,062		22,851,971
PNC Financial Services Group	98,547		14,901,292
S&P Global	71,315		31,974,080
US Bancorp	392,885		16,320,443
Visa, Cl A	224,527		61,354,248
			261,122,549

1

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS DISCIPLINED EQUITY FUND JANUARY 31, 2024 (Unaudited)

COMMON STOCK** (continued)	Shares		Value
HEALTH CARE — 13.6%
Abbott Laboratories	210,903	$	23,863,674
AstraZeneca PLC ADR	475,835		31,709,644
Danaher	130,103		31,213,011
Edwards Lifesciences *	188,674		14,805,249
IQVIA Holdings *	87,202		18,158,072
Stryker	45,497		15,263,334
Thermo Fisher Scientific	41,826		22,543,377
UnitedHealth Group	91,423		46,784,806
Zoetis, Cl A	63,113		11,853,253
			216,194,420
INDUSTRIALS — 7.4%
Automatic Data Processing	47,946		11,784,168
Honeywell International	162,270		32,820,730
Otis Worldwide	237,370		20,993,003
RTX	227,198		20,702,282
Union Pacific	112,788		27,512,377
Veralto	43,367		3,325,815
			117,138,375
INFORMATION TECHNOLOGY — 26.6%
Adobe *	39,642		24,490,034
Analog Devices	118,366		22,768,884
Apple	315,088		58,102,227
Cisco Systems	531,136		26,652,405
Microsoft	354,117		140,789,837
NVIDIA	76,292		46,940,179
QUALCOMM	133,232		19,786,284
Roper Technologies	52,221		28,042,677
Salesforce *	120,933		33,993,057
TE Connectivity	151,553		21,549,321
			423,114,905
MATERIALS — 3.1%
Linde PLC	67,421		27,294,043
Martin Marietta Materials	42,537		21,626,662
			48,920,705
REAL ESTATE — 2.1%
American Tower, Cl A ‡	90,923		17,789,085
Prologis ‡	71,356		9,040,091

2

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS DISCIPLINED EQUITY FUND JANUARY 31, 2024 (Unaudited)

COMMON STOCK** (continued)	Shares		Value
REAL ESTATE (continued)
VICI Properties, Cl A ‡	217,923	$	6,563,841
			33,393,017
UTILITIES — 2.1%
NextEra Energy	469,203		27,509,372
WEC Energy Group	80,506		6,501,664
			34,011,036
TOTAL COMMON STOCK (Cost $730,977,974)			1,564,853,748
CASH EQUIVALENT — 1.2%
First American Government Obligations Fund, Cl X, 5.250% (A)	18,689,445		18,689,445
TOTAL CASH EQUIVALENT (Cost $18,689,445)			18,689,445
TOTAL INVESTMENTS — 99.5% (Cost $749,667,419)		$	1,583,543,193

Percentages are based on Net Assets of $1,591,946,146.

* Non-income producing security.

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

‡ Real Estate Investment Trust

(A) The rate reported is the 7-day effective yield as of January 31, 2024.

ADR — American Depositary Receipt

Cl — Class

PLC — Public Limited Company

ATF-QH-001-2100

3

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS MID CAP EQUITY FUND JANUARY 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — 98.1%	Shares		Value
COMMUNICATION SERVICES — 2.8%
Live Nation Entertainment *	46,129	$	4,098,562
Pinterest, Cl A *	164,799		6,175,019
Trade Desk, Cl A *	169,796		11,619,140
			21,892,721
CONSUMER DISCRETIONARY — 15.2%
Academy Sports & Outdoors	75,772		4,753,178
Aptiv PLC *	68,868		5,601,034
AutoZone *	6,027		16,647,358
Chipotle Mexican Grill, Cl A *	5,152		12,409,983
Domino’s Pizza	17,338		7,389,802
Five Below *	50,323		9,030,966
Floor & Decor Holdings, Cl A *	78,264		7,870,228
Marriott International, Cl A	55,355		13,270,254
Ross Stores	123,573		17,334,820
Tractor Supply	60,892		13,676,343
Ulta Beauty *	25,525		12,814,826
			120,798,792
CONSUMER STAPLES — 4.3%
Lamb Weston Holdings	44,002		4,507,565
Monster Beverage *	187,499		10,316,195
Sprouts Farmers Market *	191,319		9,636,738
US Foods Holding *	209,026		9,617,286
			34,077,784
ENERGY — 3.0%
Cheniere Energy	92,845		15,225,652
Diamondback Energy	56,660		8,710,908
			23,936,560
FINANCIALS — 9.2%
Ameriprise Financial	56,753		21,953,763
Ares Management, Cl A	131,873		16,019,932
FleetCor Technologies *	45,790		13,275,894
MSCI, Cl A	16,687		9,989,172
Tradeweb Markets, Cl A	123,143		11,746,611
			72,985,372
HEALTH CARE — 17.0%
Agilent Technologies	56,275		7,321,377
Align Technology *	47,527		12,704,918

4

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS MID CAP EQUITY FUND JANUARY 31, 2024 (Unaudited)

COMMON STOCK (continued)	Shares		Value
HEALTH CARE (continued)
Alnylam Pharmaceuticals *	51,452	$	8,896,565
Avantor *	298,674		6,866,515
Bio-Rad Laboratories, Cl A *	12,690		4,072,094
Cencora, Cl A	80,612		18,756,800
Charles River Laboratories International *	42,402		9,170,705
Dexcom *	138,966		16,863,524
Edwards Lifesciences *	65,463		5,136,882
GE HealthCare Technologies	50,353		3,693,896
Humana	20,202		7,637,568
ICON PLC *	42,215		11,012,627
Revvity	72,087		7,726,285
Veeva Systems, Cl A *	72,782		15,095,715
			134,955,471
INDUSTRIALS — 18.2%
AMETEK	72,497		11,748,139
Cintas	28,657		17,325,162
Copart *	309,369		14,862,087
Howmet Aerospace	206,603		11,623,485
Hubbell, Cl B	33,083		11,101,662
IDEX	46,036		9,736,614
Ingersoll Rand	140,113		11,189,424
Masco	114,251		7,687,950
Oshkosh	52,746		5,807,335
Pentair PLC	56,660		4,145,812
Regal Rexnord	51,161		6,827,947
Saia *	11,803		5,318,196
TransUnion	95,147		6,583,221
Waste Connections	67,097		10,417,480
WESCO International	34,569		5,998,413
Zurn Elkay Water Solutions	156,373		4,636,459
			145,009,386
INFORMATION TECHNOLOGY — 23.4%
Amphenol, Cl A	185,076		18,711,184
ANSYS *	17,992		5,898,317
Cadence Design Systems *	76,911		22,185,747
Crowdstrike Holdings, Cl A *	89,721		26,243,393
Datadog, Cl A *	148,583		18,489,669
Entegris	94,690		11,145,013
HubSpot *	24,279		14,834,469
Keysight Technologies *	62,869		9,635,303
KLA	15,413		9,155,939

5

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS MID CAP EQUITY FUND JANUARY 31, 2024 (Unaudited)

COMMON STOCK (continued)	Shares		Value
INFORMATION TECHNOLOGY (continued)
Marvell Technology	140,859	$	9,536,154
Microchip Technology	151,612		12,914,310
ON Semiconductor *	54,873		3,903,116
Roper Technologies	22,732		12,207,084
Zscaler *	48,035		11,320,408
			186,180,106
MATERIALS — 2.9%
Arcadium Lithium PLC *	503,812		2,463,639
Berry Global Group	117,792		7,710,664
Crown Holdings	99,623		8,816,635
FMC	75,764		4,257,937
			23,248,875
REAL ESTATE — 2.1%
CoStar Group *	81,075		6,768,141
SBA Communications, Cl A ‡	43,799		9,804,844
			16,572,985
TOTAL COMMON STOCK (Cost $486,372,630)			779,658,052
CASH EQUIVALENT — 1.9%
First American Government Obligations Fund, Cl X, 5.250% (A)	15,454,268		15,454,268
TOTAL CASH EQUIVALENT (Cost $15,454,268)			15,454,268
TOTAL INVESTMENTS — 100.0% (Cost $501,826,898)		$	795,112,320

Percentages are based on Net Assets of $794,991,202.

* Non-income producing security.

‡ Real Estate Investment Trust

(A) The rate reported is the 7-day effective yield as of January 31, 2024.

Cl — Class

PLC — Public Limited Company

ATF-QH-002-2000

6

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS INCOME OPPORTUNITIES FUND JANUARY 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — 60.9%	Shares		Value
COMMUNICATION SERVICES — 1.5%
Alphabet, Cl A *	48,100	$	6,738,810
Walt Disney	32,000		3,073,600
			9,812,410
CONSUMER DISCRETIONARY — 5.8%
Amazon.com *	64,300		9,979,360
Home Depot	37,907		13,379,655
McDonald’s	12,250		3,585,820
Service International	98,546		6,614,407
Vail Resorts	23,414		5,197,908
			38,757,150
CONSUMER STAPLES — 3.0%
PepsiCo	59,126		9,964,505
Procter & Gamble	64,069		10,067,802
			20,032,307
ENERGY — 2.2%
Cheniere Energy	18,050		2,960,019
Chevron	53,809		7,933,061
EQT	100,000		3,540,000
			14,433,080
FINANCIALS — 12.0%
Ares Capital	324,545		6,565,545
Ares Management, Cl A	67,951		8,254,688
Blue Owl Capital, Cl A	419,872		6,524,811
CME Group, Cl A	28,709		5,909,461
Fidelity National Information Services	64,500		4,015,770
Golub Capital BDC	215,919		3,294,924
Hannon Armstrong Sustainable Infrastructure Capital ‡	129,008		3,069,100
JPMorgan Chase	60,438		10,537,970
S&P Global	21,397		9,593,345
US Bancorp	187,000		7,767,980
Visa, Cl A	50,932		13,917,678
			79,451,272
HEALTH CARE — 6.5%
Abbott Laboratories	90,000		10,183,500
Johnson & Johnson	64,386		10,230,936
Novartis ADR	69,438		7,184,750

7

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS INCOME OPPORTUNITIES FUND JANUARY 31, 2024 (Unaudited)

COMMON STOCK (continued)		Shares		Value
HEALTH CARE (continued)
UnitedHealth Group		30,430	$	15,572,248
				43,171,434
INDUSTRIALS — 7.1%
Automatic Data Processing		18,003		4,424,777
IDEX		25,004		5,288,346
Lockheed Martin		15,435		6,627,943
Republic Services, Cl A		51,088		8,742,179
Rollins		133,250		5,771,057
Union Pacific		42,978		10,483,624
United Parcel Service, Cl B		42,892		6,086,375
				47,424,301
INFORMATION TECHNOLOGY — 16.0%
Apple		172,168		31,747,779
Broadcom		10,809		12,754,620
Cisco Systems		135,081		6,778,365
Microchip Technology		104,536		8,904,376
Microsoft		92,758		36,878,726
QUALCOMM		61,215		9,091,040
				106,154,906
MATERIALS — 1.3%
Linde PLC		21,314		8,628,547
REAL ESTATE — 2.8%
Invitation Homes ‡		120,395		3,964,607
Prologis ‡		66,626		8,440,848
VICI Properties, Cl A ‡		215,041		6,477,035
				18,882,490
UTILITIES — 2.7%
Brookfield Infrastructure, Cl A		204,125		7,146,403
NextEra Energy		186,679		10,944,990
				18,091,393
TOTAL COMMON STOCK (Cost $232,782,678)				404,839,290
CORPORATE OBLIGATIONS — 17.1%		Face Amount
COMMUNICATION SERVICES — 2.2%
Comcast 2.937%, 11/01/56	$	6,111,000		3,949,262

8

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS INCOME OPPORTUNITIES FUND JANUARY 31, 2024 (Unaudited)

CORPORATE OBLIGATIONS (continued)		Face Amount		Value
COMMUNICATION SERVICES (continued)
Discovery Communications 3.800%, 03/13/24	$	3,150,000	$	3,140,806
T-Mobile USA 3.500%, 04/15/31		5,000,000		4,554,351
Verizon Communications 2.355%, 03/15/32		2,441,000		2,027,201
Warnermedia Holdings 3.428%, 03/15/24		1,000,000		996,695
				14,668,315
CONSUMER DISCRETIONARY — 2.5%
Amazon.com 3.150%, 08/22/27		3,300,000		3,170,993
Ford Motor Credit 7.350%, 11/04/27		3,000,000		3,155,638
6.950%, 03/06/26		2,000,000		2,044,903
General Motors 6.800%, 10/01/27		3,500,000		3,706,663
Meritage Homes 3.875%, 04/15/29(A)		5,000,000		4,605,150
				16,683,347
ENERGY — 1.6%
Cheniere Energy Partners 4.500%, 10/01/29		5,000,000		4,769,903
DCP Midstream Operating 6.750%, 09/15/37(A)		1,500,000		1,630,571
Energy Transfer 5.550%, 05/15/34		952,000		957,449
Kinder Morgan MTN 7.800%, 08/01/31		1,400,000		1,591,321
Sabine Pass Liquefaction 5.750%, 05/15/24		149,000		148,923
5.625%, 03/01/25		2,000,000		2,003,606
				11,101,773
FINANCIALS — 5.5%
Ally Financial 2.200%, 11/02/28		5,000,000		4,288,317
Ares Capital 3.875%, 01/15/26		5,000,000		4,807,287

9

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS INCOME OPPORTUNITIES FUND JANUARY 31, 2024 (Unaudited)

CORPORATE OBLIGATIONS (continued)		Face Amount		Value
FINANCIALS (continued)
Bank of America 8.774%, TSFR3M + 3.397%(B)(C)	$	2,000,000	$	2,009,312
3.950%, 04/21/25		5,750,000		5,657,641
Goldman Sachs Group MTN 7.331%, TSFR3M + 2.012%, 10/28/27(B)		3,000,000		3,067,317
JPMorgan Chase 8.868%, TSFR3M + 3.562%(B)(C)		1,500,000		1,504,398
8.148%, TSFR3M + 2.842%(B)(C)		1,000,000		1,002,514
5.000%, TSFR3M + 3.380%(B)(C)		2,000,000		1,981,431
Morgan Stanley MTN 5.250%, SOFRRATE + 1.870%, 04/21/34(B)		2,000,000		2,001,097
OneMain Finance 3.500%, 01/15/27		3,000,000		2,744,788
Wells Fargo MTN 4.100%, 06/03/26		3,000,000		2,943,215
Western Union 2.850%, 01/10/25		4,500,000		4,384,556
				36,391,873
HEALTH CARE — 1.1%
AbbVie 4.250%, 11/21/49		3,500,000		3,074,007
HCA 5.375%, 02/01/25		3,050,000		3,047,192
5.000%, 03/15/24		1,250,000		1,248,744
				7,369,943
INDUSTRIALS — 1.2%
AerCap Ireland Capital DAC 3.000%, 10/29/28		2,000,000		1,814,606
Northrop Grumman 4.030%, 10/15/47		3,000,000		2,538,013
Quanta Services 2.900%, 10/01/30		3,750,000		3,289,303
				7,641,922
INFORMATION TECHNOLOGY — 2.0%
Apple 3.850%, 08/04/46		3,000,000		2,597,545
Broadcom 3.469%, 04/15/34(A)		2,500,000		2,171,490
CommScope Technologies 6.000%, 06/15/25(A)		1,734,000		1,378,530

10

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS INCOME OPPORTUNITIES FUND JANUARY 31, 2024 (Unaudited)

CORPORATE OBLIGATIONS (continued)		Face Amount		Value
INFORMATION TECHNOLOGY (continued)
Kyndryl Holdings 2.050%, 10/15/26	$	1,000,000	$	916,017
Oracle 6.150%, 11/09/29		3,000,000		3,201,545
Salesforce 3.700%, 04/11/28		3,000,000		2,940,787
				13,205,914
MATERIALS — 0.3%
NOVA Chemicals 5.000%, 05/01/25(A)		2,000,000		1,950,002
REAL ESTATE — 0.7%
Boston Properties 2.750%, 10/01/26‡		1,000,000		932,177
VICI Properties 5.125%, 05/15/32‡		4,000,000		3,822,514
				4,754,691
TOTAL CORPORATE OBLIGATIONS (Cost $121,698,513)				113,767,780
U.S. TREASURY OBLIGATIONS — 10.6%
U.S. Treasury Bonds 4.375%, 05/15/41		10,000,000		10,166,797
4.125%, 08/15/53		18,000,000		17,699,063
3.875%, 05/15/43		10,000,000		9,409,375
				37,275,235
U.S. Treasury Inflation Indexed Notes 0.500%, 01/15/28		12,448,100		11,848,711
U.S. Treasury Notes 2.000%, 08/15/25		13,000,000		12,542,461
1.625%, 05/15/31		10,000,000		8,570,312
				21,112,773
TOTAL U.S. TREASURY OBLIGATIONS (Cost $69,029,976)				70,236,719

11

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS INCOME OPPORTUNITIES FUND JANUARY 31, 2024 (Unaudited)

MORTGAGE-BACKED SECURITIES — 5.8%		Face Amount			Value
AGENCY MORTGAGE-BACKED OBLIGATIONS — 5.8%
FHLMC 5.000%, 03/01/38	$	8,410,673		$	8,432,642
1.500%, 06/01/31		6,209,224			5,712,829
FNMA 6.000%, 01/01/53		4,595,623			4,662,962
6.000%, 07/01/53		7,285,493			7,528,977
4.500%, 07/01/52		12,336,236			11,930,339
TOTAL MORTGAGE-BACKED SECURITIES (Cost $38,440,867)					38,267,749
PREFERRED STOCK — 0.3%	Shares
FINANCIALS — 0.3%
Wells Fargo, 7.500% (C)		1,700			2,057,000
TOTAL PREFERRED STOCK (Cost $2,066,538)					2,057,000
CASH EQUIVALENT — 5.4%
First American Government Obligations Fund, Cl X, 5.250% (D)		35,891,104			35,891,104
TOTAL CASH EQUIVALENT (Cost $35,891,104)					35,891,104
TOTAL INVESTMENTS — 100.1% (Cost $499,909,676)				$	665,059,642
WRITTEN OPTIONS — (0.0%)		Contracts			Value
TOTAL WRITTEN OPTIONS — 0.0% (Premiums Received $328,807)		(2,508	)	$	(136,308	)

12

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS INCOME OPPORTUNITIES FUND JANUARY 31, 2024 (Unaudited)

A list of the exchange traded option contracts held by the Fund at January 31, 2024, is as follows:

Description	Contracts		Notional Amount			Exercise Price		Expiration Date		Value
WRITTEN OPTIONS — (0.0%)
Call Options
Alphabet*		(245)	$	(2,698,892	)	$	155		02/17/24	$	(3,920	)
Amazon.com*		(643)		(7,846,643	)		170		02/17/24		(100,308	)
EQT*		(1,000)		(2,783,457	)		42		02/17/24		(7,000	)
Microchip Technology*		(300)		(2,009,278	)		100		02/17/24		(3,000	)
Walt Disney*		(320)		(2,416,732	)		105		02/17/24		(22,080	)
Total Written Options			$	(17,755,002	)					$	(136,308	)

Percentages are based on Net Assets of $664,240,788.

* Non-income producing security.

‡ Real Estate Investment Trust

(A) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” The total value of such securities as of January 31, 2024 was $11,735,743 which represents 1.8% of Net Assets.

(B) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates for certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

(C) Perpetual security with no stated maturity date.

(D) The rate reported is the 7-day effective yield as of January 31, 2024.

ADR — American Depositary Receipt

BDC — Business Development Company

Cl — Class

DAC — Designated Activity Company

FHLMC — Federal Home Loan Mortgage Corporation

FNMA — Federal National Mortgage Association

MTN — Medium Term Note

PLC — Public Limited Company

SOFRRATE — Secured Overnight Financing Rate

TSFR3M — Term Secured Overnight Financing Rate 3 Month

ATF-QH-003-2000

13

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS ALL CAP GROWTH FUND JANUARY 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK** — 98.4%	Shares		Value
COMMUNICATION SERVICES — 4.3%
Live Nation Entertainment *	35,665	$	3,168,835
Meta Platforms, Cl A *	15,480		6,039,367
Netflix *	1,658		935,295
			10,143,497
CONSUMER DISCRETIONARY — 9.6%
Amazon.com *	67,510		10,477,552
Chipotle Mexican Grill, Cl A *	2,664		6,416,963
MercadoLibre *	3,519		6,023,860
			22,918,375
CONSUMER STAPLES — 1.5%
elf Beauty *	23,002		3,669,509
FINANCIALS — 15.6%
Ares Management, Cl A	36,696		4,457,830
Blackstone, Cl A	33,639		4,186,374
Brown & Brown	71,423		5,539,568
Charles Schwab	34,622		2,178,416
Kinsale Capital Group	6,457		2,567,109
Mastercard, Cl A	21,961		9,865,540
S&P Global	18,617		8,346,932
			37,141,769
HEALTH CARE — 12.7%
Bio-Techne	16,003		1,125,331
Danaher	11,496		2,758,005
Eli Lilly	15,721		10,149,635
ICON PLC *	5,315		1,386,524
IDEXX Laboratories *	7,767		4,000,626
Intuitive Surgical *	17,959		6,792,453
Zoetis, Cl A	21,444		4,027,398
			30,239,972
INDUSTRIALS — 9.3%
Cintas	8,146		4,924,827
FTAI Aviation	60,348		3,255,774
Howmet Aerospace	74,608		4,197,446
Paylocity Holding *	7,651		1,211,995
TransDigm Group	6,151		6,721,075

14

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS ALL CAP GROWTH FUND JANUARY 31, 2024 (Unaudited)

COMMON STOCK** (continued)	Shares		Value
INDUSTRIALS (continued)
United Rentals	2,937	$	1,836,800
			22,147,917
INFORMATION TECHNOLOGY — 38.1%
Adobe *	3,519		2,173,968
Advanced Micro Devices *	35,341		5,926,332
Amphenol, Cl A	41,487		4,194,336
Arista Networks *	10,469		2,708,121
ASML Holding, Cl G	2,944		2,560,750
Entegris	48,473		5,705,272
Gartner *	12,158		5,561,555
Globant *	23,680		5,583,981
Intuit	7,672		4,843,564
Marvell Technology	26,578		1,799,331
Microsoft	13,255		5,269,923
Monolithic Power Systems	5,814		3,504,214
NVIDIA	14,158		8,710,993
Palo Alto Networks *	45,955		15,556,227
Roper Technologies	10,816		5,808,192
ServiceNow *	3,455		2,644,457
Workday, Cl A *	28,777		8,376,121
			90,927,337
MATERIALS — 5.9%
Martin Marietta Materials	14,663		7,454,962
Sherwin-Williams	21,441		6,526,212
			13,981,174
REAL ESTATE — 1.4%
CoStar Group *	41,043		3,426,270
TOTAL COMMON STOCK (Cost $126,196,637)			234,595,820
CASH EQUIVALENT — 1.5%
First American Government Obligations Fund, Cl X, 5.250% (A)	3,601,219		3,601,219
TOTAL CASH EQUIVALENT (Cost $3,601,219)			3,601,219
TOTAL INVESTMENTS — 99.9% (Cost $129,797,856)		$	238,197,039

15

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS ALL CAP GROWTH FUND JANUARY 31, 2024 (Unaudited)

Percentages are based on Net Assets of $238,388,288.

* Non-income producing security.

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

(A) The rate reported is the 7-day effective yield as of January 31, 2024.

Cl — Class

PLC — Public Limited Company

ATF-QH-005-1100

16

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS EQUITY INCOME FUND JANUARY 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — 98.7%	Shares		Value
COMMUNICATION SERVICES — 1.5%
Comcast, Cl A	101,399	$	4,719,109
CONSUMER DISCRETIONARY — 3.5%
Dick’s Sporting Goods	32,104		4,785,743
Home Depot	10,160		3,586,074
TJX	26,874		2,550,611
			10,922,428
CONSUMER STAPLES — 0.7%
Sysco	27,052		2,189,318
ENERGY — 6.8%
Enterprise Products Partners	543,549		14,545,371
ONEOK	97,081		6,625,779
			21,171,150
FINANCIALS — 17.1%
Ares Management, Cl A	47,308		5,746,976
Blackstone, Cl A	106,251		13,222,937
Brookfield	163,338		6,481,252
Brookfield Asset Management, Cl A	45,020		1,809,354
Charles Schwab	95,545		6,011,691
CME Group, Cl A	43,294		8,911,637
Goldman Sachs Group	7,291		2,799,817
JPMorgan Chase	31,956		5,571,848
Morgan Stanley	28,896		2,520,887
			53,076,399
HEALTH CARE — 20.8%
Abbott Laboratories	101,629		11,499,321
AbbVie	25,447		4,183,487
AstraZeneca PLC ADR	185,073		12,333,265
Cardinal Health	35,793		3,908,238
Elevance Health	25,143		12,406,562
Eli Lilly	23,145		14,942,643
Merck	44,416		5,364,565
			64,638,081
INDUSTRIALS — 10.9%
Broadridge Financial Solutions	35,380		7,224,596
FTAI Aviation	133,146		7,183,227

17

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS EQUITY INCOME FUND JANUARY 31, 2024 (Unaudited)

COMMON STOCK (continued)	Shares		Value
INDUSTRIALS (continued)
L3Harris Technologies	48,184	$	10,042,509
Parker-Hannifin	13,592		6,313,484
Robert Half	36,994		2,942,503
			33,706,319
INFORMATION TECHNOLOGY — 19.7%
Accenture PLC, Cl A	17,819		6,483,978
Apple	64,139		11,827,232
Broadcom	3,681		4,343,580
Dell Technologies, Cl C	53,352		4,421,814
International Business Machines	27,513		5,053,037
Microchip Technology	94,668		8,063,820
Microsoft	41,888		16,653,831
Texas Instruments	27,617		4,422,034
			61,269,326
REAL ESTATE — 11.4%
American Tower, Cl A ‡	29,461		5,764,045
Equinix ‡	10,970		9,102,577
Iron Mountain ‡	87,858		5,932,172
Prologis ‡	46,164		5,848,517
VICI Properties, Cl A ‡	292,075		8,797,299
			35,444,610
UTILITIES — 6.3%
Brookfield Infrastructure Partners	109,577		3,439,622
Brookfield Renewable Partners	328,836		8,553,024
NextEra Energy	98,073		5,750,020
Xcel Energy	30,931		1,851,839
			19,594,505
TOTAL COMMON STOCK (Cost $204,698,051)			306,731,245
CASH EQUIVALENT — 0.6%
First American Government Obligations Fund, Cl X, 5.250% (A)	1,790,356		1,790,356
TOTAL CASH EQUIVALENT (Cost $1,790,356)			1,790,356
TOTAL INVESTMENTS — 99.3% (Cost $206,488,407)		$	308,521,601

18

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS EQUITY INCOME FUND JANUARY 31, 2024 (Unaudited)

Percentages are based on Net Assets of $310,808,029.

‡ Real Estate Investment Trust

(A) The rate reported is the 7-day effective yield as of January 31, 2024.

ADR — American Depositary Receipt

Cl — Class

PLC — Public Limited Company

ATF-QH-006-1100

19

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS INTERNATIONAL GROWTH FUND JANUARY 31, 2024 (Unaudited)

SCHEDULE OF INVESTMENTS
COMMON STOCK — 96.7%	Shares		Value
AUSTRALIA — 2.2%
BHP Group	400,213	$	12,244,163
BRAZIL — 2.7%
MercadoLibre *	8,532		14,605,163
CANADA — 3.5%
Brookfield	244,076		9,684,936
Canadian National Railway	75,103		9,315,776
			19,000,712
CHINA — 5.3%
Alibaba Group Holding ADR	74,691		5,390,449
Alibaba Group Holding	515,000		4,619,024
Tencent Holdings	315,741		10,959,787
Yum China Holdings	225,966		7,816,164
			28,785,424
DENMARK — 1.4%
Vestas Wind Systems *	271,815		7,663,829
FRANCE — 5.9%
Air Liquide	58,567		10,959,796
Airbus	64,756		10,314,675
LVMH Moet Hennessy Louis Vuitton	13,358		11,114,598
			32,389,069
GERMANY — 6.2%
Heidelberg Materials	128,204		11,838,882
Siemens	72,100		12,907,569
Symrise, Cl A	89,810		9,265,991
			34,012,442
HONG KONG — 1.9%
AIA Group	1,290,000		10,116,722
INDIA — 2.4%
HDFC Bank ADR	234,817		13,029,995

20

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS INTERNATIONAL GROWTH FUND JANUARY 31, 2024 (Unaudited)

COMMON STOCK (continued)	Shares		Value
IRELAND — 2.4%
ICON PLC *	50,541	$	13,184,631
ISRAEL — 2.2%
Check Point Software Technologies *	76,218		12,113,327
ITALY — 1.8%
Ferrari	27,454		9,574,189
JAPAN — 12.3%
Daikin Industries	51,000		8,171,849
FANUC	324,000		8,962,610
NIDEC CORP	140,000		5,221,554
Shiseido	139,000		3,874,860
Sony Group	109,000		10,689,456
Sysmex	114,000		6,175,641
Tokio Marine Holdings	358,000		9,439,541
Toyota Motor	737,000		14,716,284
			67,251,795
MEXICO — 1.7%
Fomento Economico Mexicano ADR	69,085		9,363,781
NETHERLANDS — 2.5%
ASML Holding	15,892		13,787,654
NORWAY — 1.4%
Equinor	275,932		7,896,371
SINGAPORE — 2.4%
DBS Group Holdings	546,000		12,932,175
SPAIN — 4.8%
Amadeus IT Group	152,929		10,717,278
Banco Santander	3,834,871		15,412,511
			26,129,789
SWEDEN — 1.9%
Assa Abloy, Cl B	379,384		10,404,882

21

THE ADVISORS’ INNER CIRCLE FUND CIBC ATLAS INTERNATIONAL GROWTH FUND JANUARY 31, 2024 (Unaudited)

COMMON STOCK (continued)	Shares		Value
SWITZERLAND — 8.1%
Alcon	141,628	$	10,661,050
Chubb	60,266		14,765,170
Julius Baer Group	100,463		5,469,351
Novartis	123,871		12,809,971
Sandoz Group *	24,533		841,366
			44,546,908
TAIWAN — 2.0%
Taiwan Semiconductor Manufacturing ADR	97,950		11,064,432
UNITED KINGDOM — 21.7%
AstraZeneca PLC	95,901		12,714,238
BAE Systems PLC	1,044,573		15,560,435
Compass Group PLC	519,771		14,316,439
Diageo PLC	222,976		8,053,407
InterContinental Hotels Group PLC	171,695		16,268,614
Lloyds Banking Group PLC	17,492,026		9,376,682
London Stock Exchange Group PLC	141,410		15,995,443
Reckitt Benckiser Group PLC	108,500		7,844,637
Shell PLC	598,665		18,559,988
			118,689,883
TOTAL COMMON STOCK (Cost $477,630,998)			528,787,336
CASH EQUIVALENT — 3.1%
First American Government Obligations Fund, Cl X, 5.250% (A)	16,880,523		16,880,523
TOTAL CASH EQUIVALENT (Cost $16,880,523)			16,880,523
TOTAL INVESTMENTS — 99.8% (Cost $494,511,521)		$	545,667,859

Percentages are based on Net Assets of $546,589,741.

* Non-income producing security.

(A) The rate reported is the 7-day effective yield as of January 31, 2024.

ADR — American Depositary Receipt

Cl — Class

PLC — Public Limited Company

ATF-QH-007-1000

22