ADVISORS' INNER CIRCLE FUND III
First Foundation Total Return Fund
$110.08M
Avg Monthly Net Assets
$106.25M
Total Assets
$155K
Total Liabilities
$106.09M
Net Assets
First Foundation Total Return Fund is a Mutual Fund in ADVISORS' INNER CIRCLE FUND III
,
based in Pennsylvania,
United States of America.
The fund has two share classes
and monthly net assets of $110.08M.
On August 28th, 2024 it reported 85 holdings, the largest
being BOLLORE SE (6.9%), COMPAGNIE DE L'ODET SE (5.8%) and BURFORD CAPITAL LIMITED (5.7%).
Data provided by Fincoded.
Share Classes
| Name | Class/Contract ID | Ticker | Monthly Returns (2 years) |
|---|---|---|---|
| Class A | C000223441 | FBBAX | |
| Class Y | C000223442 | FBBYX |
Holdings
From latest NPORT-P, filed August 28th, 2024 for period ending June 30th, 2024.
Historic holdings data available from Fincoded.
| Name | Profile | Category | Country | Value $USD | # Shares | % of Fund |
|---|---|---|---|---|---|---|
| ALPHABET INC-CL A COMMON STOCK (ALPHABET INC.) | Long | Equity-common | US | $2M | 12K | 2.00 |
| ALPHABET INC-CL C COMMON STOCK (ALPHABET INC.) | Long | Equity-common | US | $183K | 1K | 0.17 |
| ASTRAZENECA PLC-SPONS ADR DEPOSITARY RECEIPT | Long | Equity-common | US | $2M | 26K | 1.92 |
| BEAR STEARNS ASSET BACKED SECURITIES TRUST 2003-AB BSABS 2003-ABF1 A (BEAR STEARNS ASSET BACKED SECURITIES INC) | Long | ABS-mortgage backed security | US | $0.75 | – | 0.00 |
| BECLE SAB DE CV COMMON STOCK (Becle, S.A.B. de C.V.) | Long | Equity-common | MX | $2M | 1M | 1.84 |
| BERKSHIRE HATHAWAY INC-CL B COMMON STOCK (BERKSHIRE HATHAWAY INC.) | Long | Equity-common | US | $2M | 5K | 1.94 |
| BLACKROCK TAXABLE MUNI BND MUTUAL FUND (BlackRock Taxable Municipal Bond Trust) | Long | Equity-common | US | $527K | 32K | 0.50 |
| BOLLORE SE COMMON STOCK | Long | Equity-common | FR | $7M | 1M | 6.86 |
| BOSWELL (JG) CO COMMON STOCK (J. G. BOSWELL COMPANY) | Long | Equity-common | US | $141K | 250 | 0.13 |
| BROOKFIELD CORP COMMON STOCK (Brookfield Corporation) | Long | Equity-common | US | $1M | 35K | 1.35 |
| BROWN BROTHERS HARRIMAN SWEEP INTEREST | Long | Short-term investment vehicle | US | $289K | – | 0.27 |
| BURFORD CAPITAL LTD COMMON STOCK (BURFORD CAPITAL LIMITED) | Long | Equity-common | US | $6M | 461K | 5.67 |
| COMPAGNIE DE L'ODET SA COMMON STOCK (COMPAGNIE DE L'ODET SE) | Long | Equity-common | FR | $6M | 4K | 5.79 |
| COMPAGNIE DU CAMBODGE COMMON STOCK (Compagnie du Cambodge SA) | Long | Equity-common | FR | $7K | 1 | 0.01 |
| CREATIVE MEDIA & COMMUNITY T REIT (CREATIVE MEDIA & COMMUNITY TRUST CORPORATION.) | Long | Equity-common | US | $585K | 217K | 0.55 |
| DSV A/S COMMON STOCK | Long | Equity-common | DK | $2M | 13K | 1.89 |
| ENTAIN PLC COMMON STOCK | Long | Equity-common | GB | $2M | 195K | 1.46 |
| EXOR NV COMMON STOCK (EXOR N.V.) | Long | Equity-common | NL | $3M | 25K | 2.48 |
| FAIRFAX INDIA HO-SUB VTG SHS COMMON STOCK (FAIRFAX INDIA HOLDINGS CORPORATION) | Long | Equity-common | US | $1M | 73K | 0.98 |
| FANNIE MAE INTEREST STRIP FNS 354 1 (Federal National Mortgage Association) | Long | Debt | US | $1K | – | 0.00 |
| FANNIE MAE POOL FN AB6858 (Federal National Mortgage Association) | Long | Debt | US | $37K | – | 0.03 |
| FANNIE MAE POOL FN AB7964 (Federal National Mortgage Association) | Long | Debt | US | $37K | – | 0.04 |
| FANNIE MAE POOL FN AB9550 (Federal National Mortgage Association) | Long | Debt | US | $66K | – | 0.06 |
| FANNIE MAE POOL FN AD1593 (Federal National Mortgage Association) | Long | Debt | US | $4K | – | 0.00 |
| FANNIE MAE POOL FN AE7731 (Federal National Mortgage Association) | Long | Debt | US | $15K | – | 0.01 |
| FANNIE MAE POOL FN AH3401 (Federal National Mortgage Association) | Long | Debt | US | $20K | – | 0.02 |
| FANNIE MAE POOL FN AI4818 (Federal National Mortgage Association) | Long | Debt | US | $22K | – | 0.02 |
| FANNIE MAE POOL FN AR6834 (Federal National Mortgage Association) | Long | Debt | US | $33K | – | 0.03 |
| FANNIE MAE POOL FN AS1770 (Federal National Mortgage Association) | Long | Debt | US | $20K | – | 0.02 |
| FANNIE MAE POOL FN AT2721 (Federal National Mortgage Association) | Long | Debt | US | $57K | – | 0.05 |
| FANNIE MAE REMICS FNR 2012-93 SW (Federal National Mortgage Association) | Long | Debt | US | $1K | – | 0.00 |
| FEDERAL FARM CREDIT BANK 2.870000% 02/25/2030 (FEDERAL FARM CREDIT BANKS FUNDING CORPORATION) | Long | Debt | US | $456K | – | 0.43 |
| FEDERAL FARM CREDIT BANK 6.450000% 09/27/2035 (FEDERAL FARM CREDIT BANKS FUNDING CORPORATION) | Long | Debt | US | $3M | – | 2.64 |
| FEDERAL HOME LOAN BANK 2.500000% 03/18/2038 (THE FEDERAL HOME LOAN BANKS) | Long | Debt | US | $229K | – | 0.22 |
| FINANCIERE MONCEY COMMON STOCK (Financiere Moncey SA) | Long | Equity-common | FR | $7K | 1 | 0.01 |
| FIRST CITIZENS BCSHS -CL B COMMON STOCK (FIRST CITIZENS BANCSHARES, INC.) | Long | Equity-common | US | $113K | 75 | 0.11 |
| First Internet Bancorp PREFERRED STOCK | Long | Equity-preferred | US | $25K | 1K | 0.02 |
| FREDDIE MAC GOLD POOL FG Q01533 | Long | Debt | US | $19K | – | 0.02 |
| FRMO CORP COMMON STOCK (FRMO CORP.) | Long | Equity-common | US | $15K | 2K | 0.01 |
| GINNIE MAE II POOL G2 4696 (Government National Mortgage Association 2) | Long | Debt | US | $7K | – | 0.01 |
| GINNIE MAE II POOL G2 4922 (Government National Mortgage Association 2) | Long | Debt | US | $16K | – | 0.02 |
| GINNIE MAE II POOL G2 4978 (Government National Mortgage Association 2) | Long | Debt | US | $6K | – | 0.01 |
| GINNIE MAE II POOL G2 783755 (Government National Mortgage Association 2) | Long | Debt | US | $17K | – | 0.02 |
| GINNIE MAE II POOL G2 MA0935 (Government National Mortgage Association 2) | Long | Debt | US | $20K | – | 0.02 |
| GINNIE MAE II POOL G2 MA1012 (Government National Mortgage Association 2) | Long | Debt | US | $32K | – | 0.03 |
| GINNIE MAE II POOL G2 MA1089 (Government National Mortgage Association 2) | Long | Debt | US | $13K | – | 0.01 |
| IHEARTCOMMUNICATIONS INC 6.375000% 05/01/2026 (IHEARTCOMMUNICATIONS, INC.) | Long | Debt | US | $423.51 | – | 0.00 |
| IHEARTCOMMUNICATIONS INC 8.375000% 05/01/2027 (IHEARTCOMMUNICATIONS, INC.) | Long | Debt | US | $48.65 | – | 0.00 |
| INTERNATIONAL WORKPLACE GROU COMMON STOCK (INTERNATIONAL WORKPLACE GROUP PLC) | Long | Equity-common | GB | $5M | 2M | 4.62 |
| JOINT CORP/THE COMMON STOCK | Long | Equity-common | US | $3M | 191K | 2.53 |
| KEWEENAW LAND ASSOCIATION LT COMMON STOCK (Keweenaw Land Association Ltd) | Long | Equity-common | US | $2M | 53K | 1.49 |
| LABCORP HOLDINGS INC COMMON STOCK (LABCORP HOLDINGS INC.) | Long | Equity-common | US | $509K | 3K | 0.48 |
| LAGARDERE SA COMMON STOCK | Long | Equity-common | FR | $3M | 142K | 2.96 |
| LIBERTY BROADBAND CORP CUM RED PFD SR A PREFERRED STOCK (LIBERTY BROADBAND CORPORATION) | Long | Equity-preferred | US | $9.93 | 0.44 | 0.00 |
| LIBERTY GLOBAL LTD-A COMMON STOCK (Liberty Global Ltd.) | Long | Equity-common | US | $763K | 44K | 0.72 |
| LIBERTY MEDIA CORP-LIB-NEW-A COMMON STOCK (FORMULA ONE GROUP) | Long | Equity-common | US | $2M | 31K | 1.89 |
| NATURAL RESOURCE PARTNERS LP PARTNERSHIP SHARES (NATURAL RESOURCE PARTNERS L.P.) | Long | Equity-common | US | $194K | 2K | 0.18 |
| NINTENDO CO LTD COMMON STOCK (Nintendo Co., Ltd.) | Long | Equity-common | JP | $319K | 6K | 0.30 |
| NINTENDO CO LTD-UNSPONS ADR DEPOSITARY RECEIPT (Nintendo Co., Ltd.) | Long | Equity-common | US | $5M | 343K | 4.30 |
| PARDEE RESOURCES CO INC COMMON STOCK | Long | Equity-common | US | $29K | 101 | 0.03 |
| PERSHING SQUARE TONTINE - ESCROW SPECIAL PURPOSE ACQUISITION COMPANIES | Long | Equity-common | US | $0 | 42K | – |
| PERSHING SQUARE WARRANTS EXPIRE 12/31/2049 | Long | Equity-common | US | $0 | 11K | – |
| PHILIP MORRIS INTERNATIONAL COMMON STOCK (Philip Morris International Inc.) | Long | Equity-common | US | $3M | 30K | 2.89 |
| PRAIRIESKY ROYALTY LTD COMMON STOCK (PRAIRIESKY ROYALTY LTD.) | Long | Equity-common | CA | $5M | 263K | 4.71 |
| SCHWAB (CHARLES) CORP COMMON STOCK (THE CHARLES SCHWAB CORPORATION) | Long | Equity-common | US | $2M | 26K | 1.78 |
| SOUTHERN BANCSHARES INC/N C COMMON STOCK (SOUTHERN BANCSHARES (N.C.), INC.) | Long | Equity-common | US | $382K | 65 | 0.36 |
| STE IND & FIN DE L'ARTOIS SA COMMON STOCK (Soc Indust Financiere Artois SA) | Long | Equity-common | FR | $31K | 6 | 0.03 |
| SUNCOR ENERGY INC COMMON STOCK (Suncor Energy Inc.) | Long | Equity-common | US | $5M | 132K | 4.76 |
| TANDY LEATHER FACTORY INC COMMON STOCK (TANDY LEATHER FACTORY, INC.) | Long | Equity-common | US | $3M | 560K | 2.38 |
| TCW STRATEGIC INCOME FUND MUTUAL FUND (TCW Strategic Income Fund Inc) | Long | Equity-common | US | $332K | 70K | 0.31 |
| TREASURY BILL 0.000000% 07/16/2024 (United States of America) | Long | Debt | US | $1M | – | 0.95 |
| TREASURY BILL 0.000000% 07/18/2024 (United States of America) | Long | Debt | US | $1M | – | 0.94 |
| TREASURY BILL 0.000000% 08/01/2024 (United States of America) | Long | Debt | US | $2M | – | 1.89 |
| TREASURY BILL 0.000000% 08/13/2024 (United States of America) | Long | Debt | US | $1M | – | 0.94 |
| TREASURY BILL 0.000000% 10/08/2024 (United States of America) | Long | Debt | US | $2M | – | 1.89 |
| US TREASURY N/B 0.875000% 11/15/2030 (United States of America) | Long | Structured note | US | $5M | – | 4.43 |
| US TREASURY N/B 1.875000% 02/15/2032 (United States of America) | Long | Structured note | US | $1M | – | 0.95 |
| US TREASURY N/B 2.625000% 04/15/2025 (United States of America) | Long | Structured note | US | $1M | – | 0.95 |
| US TREASURY N/B 3.000000% 02/15/2049 (United States of America) | Long | Debt | US | $1M | – | 0.96 |
| US TREASURY N/B 3.000000% 08/15/2052 (United States of America) | Long | Debt | US | $583K | – | 0.55 |
| US TREASURY N/B 3.500000% 09/15/2025 (United States of America) | Long | Structured note | US | $1M | – | 0.95 |
| US TREASURY N/B 3.875000% 08/15/2033 (United States of America) | Long | Structured note | US | $3M | – | 2.49 |
| VIVENDI SE COMMON STOCK | Long | Equity-common | FR | $4M | 368K | 3.63 |
| VIVENDI SE-UNSPON ADR DEPOSITARY RECEIPT | Long | Equity-common | US | $1M | 116K | 1.13 |
| WTAX FEE 10% | Long | Debt | US | $0 | – | – |
Address
ADVISORS' INNER CIRCLE FUND III
ONE FREEDOM VALLEY DRIVE
OAKS
Pennsylvania
19456
United States of America
Directors
Jon C. Hunt
Thomas P. Lemke
Randy S. Yanker
Nichelle Maynard-Elliott
William M. Doran
Jay C. Nadel
Transfer Agents
Brown Brothers Harriman & Co.
Pricing Services
S&P
Intercontinental Exchange, Inc.
Pricing Direct
Bloomberg
IHS Markit
Thomson Reuters Corporation
Custodians
Brown Brothers Harriman & Co.
Shareholder Servicing Agents
SEI Investments Distribution Co.
Admins
SEI Investments Global Funds Services
Brokers
INTERACTIVE BROKERS LLC
GOLDMAN SACHS