UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-Q

 

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-06400

 

 

The Advisors’ Inner Circle Fund

(Exact name of registrant as specified in charter)

 

 

101 Federal Street

Boston, MA 02110

(Address of principal executive offices) (Zip code)

 

 

SEI Corporation

One Freedom Valley Drive

Oaks, PA 19456

(Name and address of agent for service)

 

 

Registrant’s telephone number, including area code: 1-877-446-3863

Date of fiscal year end: October 31, 2013

Date of reporting period: January 31, 2013

 

 

 


Item 1. Schedule of Investments


THE ADVISORS’ INNER CIRCLE FUND    THE McKEE INTERNATIONAL
     EQUITY PORTFOLIO
     JANUARY 31, 2013
(UNAUDITED)

 

 

 

 

SCHEDULE OF INVESTMENTS
COMMON STOCK — 99.1%
             
     Shares      Value  
     
AUSTRALIA — 5.5%      

Australia & New Zealand Banking Group

     190,000       $ 5,267,594   

CSL

     55,000         3,151,774   

Newcrest Mining

     175,000         4,271,275   
     

 

 

 
        12,690,643   
     

 

 

 
BRAZIL — 1.2%      

Vale ADR, Cl B

     140,000         2,823,800   
     

 

 

 
CANADA — 2.8%      

Potash Corp of Saskatchewan

     75,000         3,181,409   

Talisman Energy

     275,000         3,430,445   
     

 

 

 
        6,611,854   
     

 

 

 
FRANCE — 7.1%      

AXA

     220,000         4,073,300   

BNP Paribas

     85,000         5,331,682   

Capgemini

     90,000         4,337,518   

European Aeronautic Defence and Space

     60,000         2,818,379   
     

 

 

 
        16,560,879   
     

 

 

 
GERMANY — 6.7%      

Allianz

     40,000         5,720,103   

Bayer

     50,000         4,932,808   

Bayerische Motoren Werke

     50,000         5,032,578   
     

 

 

 
        15,685,489   
     

 

 

 
GREECE — 1.7%      

Coca-Cola Hellenic Bottling

     150,000         3,899,145   
     

 

 

 
HONG KONG — 3.3%      

Galaxy Entertainment Group*

     900,000         4,055,832   

New World Development

     2,000,000         3,677,390   
     

 

 

 
        7,733,222   
     

 

 

 
ISRAEL — 1.6%      

Teva Pharmaceutical Industries ADR

     100,000         3,799,000   
     

 

 

 
ITALY — 1.8%      

Tenaris

     200,000         4,191,665   
     

 

 

 
JAPAN — 23.5%      

Astellas Pharma

     70,000         3,570,568   

Canon

     115,000         4,240,357   

Daiwa House Industry

     200,000         3,679,597   

Denso

     70,000         2,623,274   

East Japan Railway

     75,000         5,078,895   

Fanuc

     25,000         3,903,682   

KDDI

     60,000         4,470,743   

 

1


THE ADVISORS’ INNER CIRCLE FUND    THE McKEE INTERNATIONAL
     EQUITY PORTFOLIO
     JANUARY 31, 2013
(UNAUDITED)

 

 

 

COMMON STOCK — continued              
     Shares      Value  
     
JAPAN — (continued)      

Komatsu

     200,000       $ 5,336,401   

Kubota

     420,000         4,804,734   

Kuraray

     275,000         3,537,694   

Mitsubishi UFJ Financial Group

     900,000         5,138,067   

Nissan Chemical Industries

     300,000         3,632,479   

Seven & I Holdings

     150,000         4,572,650   
     

 

 

 
        54,589,141   
     

 

 

 
NORWAY — 1.8%      

Statoil ADR

     160,000         4,244,800   
     

 

 

 
SINGAPORE — 1.4%      

DBS Group Holdings

     275,000         3,323,639   
     

 

 

 
SOUTH KOREA — 1.6%      

Hyundai Motor*

     20,000         3,765,181   
     

 

 

 
SPAIN — 5.0%      

Banco Santander

     500,000         4,193,702   

Inditex

     25,000         3,502,104   

Red Electrica

     70,000         3,896,701   
     

 

 

 
        11,592,507   
     

 

 

 
SWEDEN — 3.6%      

Nordea Bank

     350,000         3,858,575   

Volvo, Cl B

     300,000         4,436,517   
     

 

 

 
        8,295,092   
     

 

 

 
SWITZERLAND — 8.0%      

ABB

     210,000         4,502,142   

Credit Suisse Group

     135,000         3,988,468   

Novartis

     85,000         5,788,028   

Zurich Insurance Group

     15,000         4,313,015   
     

 

 

 
        18,591,653   
     

 

 

 
TAIWAN — 3.0%      

Hon Hai Precision Industry

     1,119,250         3,199,319   

Taiwan Semiconductor Manufacturing ADR

     215,000         3,814,100   
     

 

 

 
        7,013,419   
     

 

 

 
UNITED KINGDOM — 19.5%      

Anglo American

     110,000         3,290,024   

BG Group

     250,000         4,439,230   

Centrica

     775,000         4,302,962   

Diageo

     150,000         4,463,805   

Royal Dutch Shell ADR, Cl B

     45,000         3,272,400   

Royal Dutch Shell, Cl B

     75,000         2,727,748   

SABMiller

     110,000         5,493,547   

Standard Chartered

     157,500         4,188,830   

 

2


THE ADVISORS’ INNER CIRCLE FUND    THE McKEE INTERNATIONAL
     EQUITY PORTFOLIO
     JANUARY 31, 2013
(UNAUDITED)

 

 

COMMON STOCK — continued              
     Shares      Value  
UNITED KINGDOM — (continued)      

Vodafone Group ADR

     150,000       $ 4,098,000   

WPP

     300,000         4,715,889   

Xstrata

     230,000         4,308,352   
     

 

 

 
        45,300,787   
     

 

 

 

TOTAL COMMON STOCK
(Cost $171,765,157)

        230,711,916   
     

 

 

 
SHORT-TERM INVESTMENT (A) — 0.3%              

Dreyfus Cash Management, 0.050%
(Cost $661,063)

     661,063         661,063   
     

 

 

 

TOTAL INVESTMENTS — 99.4%
(Cost $172,426,220)†

      $ 231,372,979   
     

 

 

 

Percentages are based on Net Assets of $232,701,805.

 

*   Non-income producing security.

 

(A)   Rate shown is the 7-day effective yield as of January 31, 2013.

 

  At January 31, 2013, the tax basis cost of the Fund’s investments was $172,426,220, and the unrealized appreciation and depreciation were $67,075,003 and $(8,128,244) respectively.

ADR — American Depositary Receipt

Cl — Class

As of January 31, 2013, all of the Fund’s investments were considered level 1.

For the quarter ended January 31, 2013, there were no transfers between Level 1 and Level 2 assets and liabilities. For the quarter ended January 31, 2013, there were no Level 3 securities.

For information on the Portfolio’s policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Portfolio’s most recent semi-annual and annual financial statements.

CSM-QH-001-1900

 

3


Item 2. Controls and Procedures

(a) The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “1940 Act”)) are effective, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 as of a date within 90 days of the filing date of this report.

(b) There were no significant changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

Item 3. Exhibits.

(a) A separate certification for the principal executive officer and the principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended (17 CFR 270.30a-2(a)), are filed herewith.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant)       The Advisors’ Inner Circle Fund
By (Signature and Title)      

/s/ Michael Beattie

      Michael Beattie
      President
Date: March 28, 2013      

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By (Signature and Title)      

/s/ Michael Beattie

      Michael Beattie
      President

Date: March 28, 2013

 

By (Signature and Title)      

/s/ Michael Lawson

      Michael Lawson
      Treasurer, Controller & CFO

Date: March 28, 2013