# EDGAR Filing Document

**Accession Number:** 0000822671
**File Stem:** 0000869392-23-000387
**Filing Date:** 2023-2
**Character Count:** 30800
**Document Hash:** ef90046f7d50f4e77086a4304e223333
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000869392-23-000387.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0000869392-23-000387

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM VARIABLE TRUST
- **CENTRAL INDEX KEY:** 0000822671
- **IRS NUMBER:** 046649095
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05346
- **FILM NUMBER:** 23666568

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6172921000

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM CAPITAL MANAGER TRUST /MA/
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Putnam VT Small Cap Growth Fund (Series ID: S000003883)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000010861 | Class IA Shares |  |
| C000010862 | Class IB Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Putnam Variable Trust

- **b. Investment Company Act file number:** 811-05346

- **c. CIK number of Registrant:** 0000822671

- **d. LEI of Registrant:** 549300TBVD21LYBGBD46

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

  - **Street Address 1:** 100 FEDERAL STREET

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 1-800-225-1581

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

- **a. Name of Series:** Putnam VT Small Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000003883

- **c. LEI of Series:** YW6EJ1M3RMPJSDI6CN88

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $28455614.89

**Total Liabilities:** $3340190.73

**Net Assets:** $25115424.16

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010861 | -6.36%               | 1.04%                | 9.84%                |
| Class ID C000010862 | -6.36%               | 1.07%                | 9.70%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-34617.74               | $-1675711.58                               |
| Month 2  | $-179481.44              | $451264.84                                 |
| Month 3  | $-99304.32               | $2520655.52                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TECHTARGET INC                      | COMMON STOCK        | CUSIP: 87874R100<br>LEI: 529900YQA5JL2H2VMB84 | Long             | EC               | CORP              | US        |      5414 | NS      | $238540.84    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| IRIDIUM COMMUNICATIONS INC          | COMMON STOCK        | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |      3795 | NS      | $195063.00    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS COMMERCE INC                    | COMMON STOCK        | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |      3185 | NS      | $409049.55    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEFS' WAREHOUSE INC/THE            | COMMON STOCK        | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |      3650 | NS      | $121472.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MATADOR RESOURCES CO                | COMMON STOCK        | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |      4640 | NS      | $265593.60    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FIVE BELOW INC                      | COMMON STOCK        | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |      2610 | NS      | $461630.70    | 1.84%             |  |  |  | No            |                  1 | On Loan: —       |
| MURPHY USA INC                      | COMMON STOCK        | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |       865 | NS      | $241802.10    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| IVERIC BIO INC                      | COMMON STOCK        | CUSIP: 46583P102<br>LEI: 549300GZXI59U71XPM70 | Long             | EC               | CORP              | US        |      4015 | NS      | $85961.15     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVISFIRST BANCSHARES INC          | COMMON STOCK        | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3540 | NS      | $243941.40    | 0.97%             |  |  |  | No            |                  1 | On Loan: —       |
| HEALTHEQUITY INC                    | COMMON STOCK        | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |      2285 | NS      | $140847.40    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOT BARN HOLDINGS INC              | COMMON STOCK        | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      6743 | NS      | $421572.36    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| EVOLENT HEALTH INC                  | COMMON STOCK        | CUSIP: 30050B101<br>LEI: 549300CZOCFHQ2BBTR11 | Long             | EC               | CORP              | US        |      4605 | NS      | $129308.40    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| LANTHEUS HOLDINGS INC               | COMMON STOCK        | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |      8070 | NS      | $411247.20    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| PLANET FITNESS INC                  | COMMON STOCK        | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |      5950 | NS      | $468860.00    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| PERFORMANCE FOOD GROUP CO           | COMMON STOCK        | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |      6570 | NS      | $383622.30    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AXSOME THERAPEUTICS INC             | COMMON STOCK        | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |      3295 | NS      | $254143.35    | 1.01%             |  |  |  | No            |                  1 | On Loan: —       |
| KINSALE CAPITAL GROUP INC           | COMMON STOCK        | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |      2095 | NS      | $547884.40    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDPACE HOLDINGS INC                | COMMON STOCK        | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |      2555 | NS      | $542707.55    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| VALVOLINE INC                       | COMMON STOCK        | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |      4795 | NS      | $156556.75    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| HAMILTON LANE INC                   | COMMON STOCK        | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |      3550 | NS      | $226774.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: —       |
| CELSIUS HOLDINGS INC                | COMMON STOCK        | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2660 | NS      | $276746.40    | 1.10%             |  |  |  | No            |                  1 | On Loan: —       |
| CIVITAS RESOURCES INC               | COMMON STOCK        | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |      3705 | NS      | $214630.65    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMPLY GOOD FOODS CO/THE            | COMMON STOCK        | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3895 | NS      | $148126.85    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLSCOT MOBILE MINI HOLDINGS CORP  | COMMON STOCK        | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |     14402 | NS      | $650538.34    | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| APELLIS PHARMACEUTICALS INC         | COMMON STOCK        | CUSIP: 03753U106<br>LEI: 254900HS0ZFRXXSB9D42 | Long             | EC               | CORP              | US        |      2720 | NS      | $140651.20    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY ENERGY INC                  | COMMON STOCK        | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15246 | NS      | $244088.46    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| CHAMPIONX CORP                      | COMMON STOCK        | CUSIP: 15872M104<br>LEI: 549300EP2909K6DYYP38 | Long             | EC               | CORP              | US        |     11765 | NS      | $341067.35    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ'S WHOLESALE CLUB HOLDINGS INC    | COMMON STOCK        | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      4550 | NS      | $301028.00    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TENABLE HOLDINGS INC                | COMMON STOCK        | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |      8385 | NS      | $319887.75    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNOLIA OIL  AND  GAS CORP         | COMMON STOCK        | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12045 | NS      | $282455.25    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VERRA MOBILITY CORP                 | COMMON STOCK        | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |     31273 | NS      | $432505.59    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| AXONICS INC                         | COMMON STOCK        | CUSIP: 05465P101<br>LEI: 549300LJY4X7N57VJL05 | Long             | EC               | CORP              | US        |      3815 | NS      | $238551.95    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVENT CORP                         | COMMON STOCK        | CUSIP: 53814L108<br>LEI: 254900OOLQ2VNMZTJL47 | Long             | EC               | CORP              | US        |      5235 | NS      | $104019.45    | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| SHOCKWAVE MEDICAL INC               | COMMON STOCK        | CUSIP: 82489T104<br>LEI: 549300LDXO56IC5Y1538 | Long             | EC               | CORP              | US        |       690 | NS      | $141870.90    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MONTROSE ENVIRONMENTAL GROUP INC    | COMMON STOCK        | CUSIP: 615111101<br>LEI: 254900ASI8K3LUB8Q958 | Long             | EC               | CORP              | US        |      7428 | NS      | $329728.92    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MP MATERIALS CORP                   | COMMON STOCK        | CUSIP: 553368101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4055 | NS      | $98455.40     | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| VERTEX INC                          | COMMON STOCK        | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |      8610 | NS      | $124931.10    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| HARMONY BIOSCIENCES HOLDINGS INC    | COMMON STOCK        | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3795 | NS      | $209104.50    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CHORD ENERGY CORP                   | COMMON STOCK        | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |      1575 | NS      | $215475.75    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS EDISON  AND  CO INC        | COMMON STOCK        | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |      3895 | NS      | $124016.80    | 0.49%             |  |  |  | No            |                  1 | On Loan: —       |
| BELLRING BRANDS INC                 | COMMON STOCK        | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |      7385 | NS      | $189351.40    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| DYCOM INDUSTRIES INC                | COMMON STOCK        | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      1515 | NS      | $141804.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| ONTO INNOVATION INC                 | COMMON STOCK        | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |      3695 | NS      | $251592.55    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| RYMAN HOSPITALITY PROPERTIES INC    | COMMON STOCK        | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |      2505 | NS      | $204858.90    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| SM ENERGY CO                        | COMMON STOCK        | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |      5990 | NS      | $208631.70    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL SIGNAL CORP                 | COMMON STOCK        | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |      8295 | NS      | $385468.65    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MANHATTAN ASSOCIATES INC            | COMMON STOCK        | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |      3600 | NS      | $437040.00    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR GROUP INC                     | COMMON STOCK        | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      2775 | NS      | $411005.25    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED INDUSTRIAL TECHNOLOGIES INC | COMMON STOCK        | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      3525 | NS      | $444255.75    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PROGRESS SOFTWARE CORP              | COMMON STOCK        | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               | CORP              | US        |      4971 | NS      | $250786.95    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INSMED INC                          | COMMON STOCK        | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      7290 | NS      | $145654.20    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| DENBURY INC                         | COMMON STOCK        | CUSIP: 24790A101<br>LEI: 549300KCWA5W52MS5559 | Long             | EC               | CORP              | US        |      2070 | NS      | $180131.40    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI CORP                            | COMMON STOCK        | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |      1570 | NS      | $206093.90    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| EAGLE MATERIALS INC                 | COMMON STOCK        | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      1550 | NS      | $205917.50    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVANTA INC                         | COMMON STOCK        | CUSIP: 67000B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2755 | NS      | $374321.85    | 1.49%             |  |  |  | No            |                  1 | On Loan: —       |
| AXCELIS TECHNOLOGIES INC            | COMMON STOCK        | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |       795 | NS      | $63091.20     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| APA ENTERPRISES INC                 | COMMON STOCK        | CUSIP: 18482P103<br>LEI: 529900M4S2OQ1ADPR537 | Long             | EC               | CORP              | US        |      1676 | NS      | $157778.64    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| CASELLA WASTE SYSTEMS INC           | COMMON STOCK        | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |      5515 | NS      | $437394.65    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CHURCHILL DOWNS INC                 | COMMON STOCK        | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |      2115 | NS      | $447174.45    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| COMFORT SYSTEMS USA INC             | COMMON STOCK        | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      1585 | NS      | $182401.80    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| OPTION CARE HEALTH INC              | COMMON STOCK        | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |     12650 | NS      | $380638.50    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MERIT MEDICAL SYSTEMS INC           | COMMON STOCK        | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |      6575 | NS      | $464326.50    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| NAPCO SECURITY TECHNOLOGIES INC     | COMMON STOCK        | CUSIP: 630402105<br>LEI: 529900KV21J4YY9YST76 | Long             | EC               | CORP              | US        |      2185 | NS      | $60043.80     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PERFICIENT INC                      | COMMON STOCK        | CUSIP: 71375U101<br>LEI: 549300HTBXKL2755T650 | Long             | EC               | CORP              | US        |      4038 | NS      | $281973.54    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CORCEPT THERAPEUTICS INC            | COMMON STOCK        | CUSIP: 218352102<br>LEI: 529900EO9LUTFMZ7FF90 | Long             | EC               | CORP              | US        |      4450 | NS      | $90379.50     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SCS TRANSPORTATION INC              | COMMON STOCK        | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      1050 | NS      | $220164.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: —       |
| HALOZYME THERAPEUTICS INC           | COMMON STOCK        | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      8505 | NS      | $483934.50    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCORP INC/THE                     | COMMON STOCK        | CUSIP: 05969A105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12785 | NS      | $362838.30    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTRA CLEAN HOLDINGS INC            | COMMON STOCK        | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |      6372 | NS      | $211231.80    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| CYTOKINETICS INC                    | COMMON STOCK        | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |      5760 | NS      | $263923.20    | 1.05%             |  |  |  | No            |                  1 | On Loan: —       |
| TEXAS ROADHOUSE INC                 | COMMON STOCK        | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      1400 | NS      | $127330.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ATRICURE INC                        | COMMON STOCK        | CUSIP: 04963C209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2910 | NS      | $129145.80    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC BEARINGS INC                    | COMMON STOCK        | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2086 | NS      | $436704.10    | 1.74%             |  |  |  | No            |                  1 | On Loan: —       |
| EVERI HOLDINGS INC                  | COMMON STOCK        | CUSIP: 30034T103<br>LEI: 5299006DK5S7BG10K532 | Long             | EC               | CORP              | US        |     19520 | NS      | $280112.00    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CROCS INC                           | COMMON STOCK        | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |      3745 | NS      | $406070.35    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ICF INTERNATIONAL INC               | COMMON STOCK        | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |      3315 | NS      | $328350.75    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR INC                             | COMMON STOCK        | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |      7770 | NS      | $410256.00    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ASCENDIS PHARMA A/S                 | COMMON STOCK - ADR  | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |      1475 | NS      | $180141.75    | 0.72%             |  |  |  | No            |                  1 | On Loan: —       |
| WNS HOLDINGS LTD                    | COMMON STOCK - ADR  | CUSIP: 92932M101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | IN        |      5320 | NS      | $425546.80    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| PROTHENA CORP PLC                   | ORDINARY SHARES     | CUSIP: G72800108<br>LEI: 5299009ZXQ8NIIJ8OL30 | Long             | EC               | CORP              | IE        |      1480 | NS      | $89170.00     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| INMODE LTD                          | ORDINARY SHARES     | CUSIP: M5425M103<br>LEI: 984500DD95A35E9BD358 | Long             | EC               | CORP              | IL        |     13819 | NS      | $493338.30    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| DESCARTES SYSTEMS GROUP INC/THE     | ORDINARY SHARES     | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |      5865 | NS      | $408497.25    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| XENON PHARMACEUTICALS INC           | ORDINARY SHARES     | CUSIP: 98420N105<br>LEI: 549300XV44Q9Z1MIPQ03 | Long             | EC               | CORP              | CA        |      4255 | NS      | $167774.65    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| PERIMETER SOLUTIONS SA              | ORDINARY SHARES     | CUSIP: L7579L106<br>LEI: 2221003U8GJZ9U4MR505 | Long             | EC               | CORP              | LU        |     12403 | NS      | $113363.42    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| TFI INTERNATIONAL INC               | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 5493007R9W7KO7SJN678       | Long             | EC               | CORP              | CA        |      6120 | NS      | $612949.19    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| COLLIERS INTERNATIONAL GROUP INC    | ORDINARY SHARES     | CUSIP: N/A<br>LEI: D3O8K13PHLEXXD1DT480       | Long             | EC               | CORP              | CA        |      4705 | NS      | $432206.72    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVA LTD                            | ORDINARY SHARES     | CUSIP: M7516K103<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | IL        |      5215 | NS      | $425961.20    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| PUTNAM CASH COLLATERAL POOL LLC     | SHORT TERM INV FUND | CUSIP: N/A<br>LEI: 5493005HRIV7IFMKD774       | Long             | STIV             | PF                | US        |   3045043 | NS      | $3045043.00   | 12.12%            |  |  |  | No            |                  2 | On Loan: No      |
| PUTNAM SHORT TERM INVESTMENT FUND   | SHORT TERM INV FUND | CUSIP: 74676P664<br>LEI: 5493003MK0Q7JP8CPP42 | Long             | STIV             | PF                | US        |    738087 | NS      | $738087.00    | 2.94%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-24

**Name of Applicant:** Putnam Investments Inc

**Signature:** Janet C. Smith

**Name of Signer:** NPORT

**Title:** Principal Financial Officer