# EDGAR Filing Document

**Accession Number:** 0000883622
**File Stem:** 0001752724-23-043060
**Filing Date:** 2023-2
**Character Count:** 31276
**Document Hash:** f3b2a13426161ac14ca639e1e36281f0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-043060.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-043060

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IVY FUNDS
- **CENTRAL INDEX KEY:** 0000883622
- **IRS NUMBER:** 481112076
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06569
- **FILM NUMBER:** 23673993

**BUSINESS ADDRESS:**
- **STREET 1:** 6300 LAMAR AVE
- **CITY:** OVERLAND PARK
- **STATE:** KS
- **ZIP:** 66202
- **BUSINESS PHONE:** 9132362000

**MAIL ADDRESS:**
- **STREET 1:** P O BOX 29217
- **CITY:** SHAWNEE MISSION
- **STATE:** KS
- **ZIP:** 66201-9217

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IVY FUNDS INC
- **DATE OF NAME CHANGE:** 20030630

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** W&R FUNDS INC
- **DATE OF NAME CHANGE:** 20000829

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WADDELL & REED FUNDS INC
- **DATE OF NAME CHANGE:** 19920717

## Series and Classes Contracts Data

### Delaware Ivy Science and Technology Fund (Series ID: S000006285)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017263 | Class R      | WSTRX           |
| C000017264 | Class A      | WSTAX           |
| C000017266 | Class C      | WSTCX           |
| C000017267 | Class Y      | WSTYX           |
| C000045542 | Class I      | ISTIX           |
| C000146678 | Class R6     | ISTNX           |

## Nport-Ex

## Schedule of investments
Delaware Ivy Science and Technology Fund

December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common Stocks — 99.44%** | &nbsp;&nbsp;**Common Stocks — 99.44%** | &nbsp;&nbsp;**Common Stocks — 99.44%** |
| &nbsp;&nbsp;Communication Services — 13.59% | &nbsp;&nbsp;Communication Services — 13.59% | &nbsp;&nbsp;Communication Services — 13.59% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet Class A † | 1245224 | $109866114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netflix † | &nbsp;&nbsp;&nbsp;&nbsp;392631 | &nbsp;&nbsp; 115779029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pinterest Class A † | 6510146 | &nbsp;&nbsp; 158066345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Take-Two Interactive Software † | &nbsp;&nbsp;&nbsp;&nbsp;550454 | &nbsp;&nbsp; 57318775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T-Mobile US † | 1384527 | &nbsp;&nbsp; 193833780 |
|  |  | &nbsp;&nbsp; 634864043 |
| &nbsp;&nbsp;Consumer Discretionary — 9.40% | &nbsp;&nbsp;Consumer Discretionary — 9.40% | &nbsp;&nbsp;Consumer Discretionary — 9.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com † | 2482171 | &nbsp;&nbsp; 208502364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aptiv † | 1077580 | &nbsp;&nbsp; 100355025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Etsy † | &nbsp;&nbsp;&nbsp;&nbsp;792843 | &nbsp;&nbsp; 94966735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Luminar Technologies \*, † | 7068682 | &nbsp;&nbsp; 34989976 |
|  |  | &nbsp;&nbsp; 438814100 |
| &nbsp;&nbsp;Healthcare — 8.06% | &nbsp;&nbsp;Healthcare — 8.06% | &nbsp;&nbsp;Healthcare — 8.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Danaher | &nbsp;&nbsp;&nbsp;&nbsp;466495 | &nbsp;&nbsp; 123817103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edwards Lifesciences † | &nbsp;&nbsp;&nbsp;&nbsp;716881 | &nbsp;&nbsp; 53486491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical † | &nbsp;&nbsp;&nbsp;&nbsp;185729 | &nbsp;&nbsp; 49283190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ionis Pharmaceuticals \*, † | 1340222 | &nbsp;&nbsp; 50620185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals † | &nbsp;&nbsp;&nbsp;&nbsp;256056 | &nbsp;&nbsp; 73943852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Pharmaceutical Services | &nbsp;&nbsp;&nbsp;&nbsp;107516 | &nbsp;&nbsp; 25303890 |
|  |  | &nbsp;&nbsp; 376454711 |
| &nbsp;&nbsp;Industrials — 2.18% | &nbsp;&nbsp;Industrials — 2.18% | &nbsp;&nbsp;Industrials — 2.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Copart † | &nbsp;&nbsp;&nbsp;&nbsp;474684 | &nbsp;&nbsp; 28903509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;L3Harris Technologies | &nbsp;&nbsp;&nbsp;&nbsp;349777 | &nbsp;&nbsp; 72827069 |
|  |  | &nbsp;&nbsp; 101730578 |
| &nbsp;&nbsp;Information Technology — 66.21% | &nbsp;&nbsp;Information Technology — 66.21% | &nbsp;&nbsp;Information Technology — 66.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ambarella † | 1288466 | &nbsp;&nbsp; 105950559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amphenol Class A | 2176517 | &nbsp;&nbsp; 165720004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Analog Devices | &nbsp;&nbsp;&nbsp;&nbsp;968340 | &nbsp;&nbsp; 158836810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple | 1414134 | &nbsp;&nbsp; 183738431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASML Holding | &nbsp;&nbsp;&nbsp;&nbsp;394830 | &nbsp;&nbsp; 215735112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aspen Technology † | &nbsp;&nbsp;&nbsp;&nbsp;236978 | &nbsp;&nbsp; 48675281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Autodesk † | &nbsp;&nbsp;&nbsp;&nbsp;517300 | &nbsp;&nbsp; 96667851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadcom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47784 | &nbsp;&nbsp; 26717468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cadence Design Systems † | &nbsp;&nbsp;&nbsp;&nbsp;614142 | &nbsp;&nbsp; 98655771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CDW | &nbsp;&nbsp;&nbsp;&nbsp;135743 | &nbsp;&nbsp; 24240985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flex † | 1325205 | &nbsp;&nbsp; 28438899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intuit | &nbsp;&nbsp;&nbsp;&nbsp;314248 | &nbsp;&nbsp; 122311607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Keysight Technologies † | &nbsp;&nbsp;&nbsp;&nbsp;168461 | &nbsp;&nbsp; 28818623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KLA | &nbsp;&nbsp;&nbsp;&nbsp;351314 | &nbsp;&nbsp; 132455917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mastercard Class A | &nbsp;&nbsp;&nbsp;&nbsp;360192 | &nbsp;&nbsp; 125249564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology | 2152604 | &nbsp;&nbsp; 151220431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Micron Technology | 2289882 | &nbsp;&nbsp; 114448302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft | 1436053 | &nbsp;&nbsp; 344394230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA | &nbsp;&nbsp;&nbsp;&nbsp;634986 | &nbsp;&nbsp; 92796854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ON Semiconductor \*, † | 2030856 | &nbsp;&nbsp; 126664489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings † | &nbsp;&nbsp;&nbsp;&nbsp;479204 | &nbsp;&nbsp; 34128909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate Technology Holdings \* | 2645664 | &nbsp;&nbsp; 139188383 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common Stocks (continued)** | &nbsp;&nbsp;**Common Stocks (continued)** | &nbsp;&nbsp;**Common Stocks (continued)** |
| &nbsp;&nbsp;Information Technology (continued) | &nbsp;&nbsp;Information Technology (continued) | &nbsp;&nbsp;Information Technology (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shift4 Payments Class A \*, † | 1776092 | $99336826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing ADR | &nbsp;&nbsp;&nbsp;&nbsp;440581 | &nbsp;&nbsp; 32818879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VeriSign † | &nbsp;&nbsp;&nbsp;&nbsp;870904 | &nbsp;&nbsp; 178918518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WNS Holdings ADR † | 1251314 | &nbsp;&nbsp; 100092607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zebra Technologies Class A † | &nbsp;&nbsp;&nbsp;&nbsp;449717 | &nbsp;&nbsp;&nbsp; 115311936 |
|  |  | &nbsp;&nbsp; 3091533246 |
| &nbsp;&nbsp;&nbsp;**Total Common Stocks<br> (cost $3,971,412,395)** | &nbsp;&nbsp;&nbsp;**Total Common Stocks<br> (cost $3,971,412,395)** | &nbsp;&nbsp; **4643396678** |
| &nbsp;&nbsp;**Short-Term Investments — 1.10%** | &nbsp;&nbsp;**Short-Term Investments — 1.10%** | &nbsp;&nbsp;**Short-Term Investments — 1.10%** |
| &nbsp;&nbsp;Money Market Mutual Funds — 1.10% | &nbsp;&nbsp;Money Market Mutual Funds — 1.10% | &nbsp;&nbsp;Money Market Mutual Funds — 1.10% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 4.03%) | 12772937 | &nbsp;&nbsp; 12772937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 4.06%) | 12772936 | &nbsp;&nbsp; 12772936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 4.23%) | 12772937 | &nbsp;&nbsp; 12772937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 4.11%) | 12772936 | &nbsp;&nbsp; 12772936 |
| &nbsp;&nbsp;&nbsp;**Total Short-Term Investments<br> (cost $51,091,746)** | &nbsp;&nbsp;&nbsp;**Total Short-Term Investments<br> (cost $51,091,746)** | &nbsp;&nbsp; **51091746** |
| &nbsp;&nbsp;&nbsp;**Total Value of Securities Before<br> Securities Lending Collateral—100.54%<br> (cost $4,022,504,141)** | &nbsp;&nbsp;&nbsp;**Total Value of Securities Before<br> Securities Lending Collateral—100.54%<br> (cost $4,022,504,141)** | &nbsp;&nbsp; **4694488424** |

---

NQ-IV008 [12/22] 2/23 (2741171) 1

------

Delaware Ivy Science and Technology Fund (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Securities Lending Collateral — 0.68%** | &nbsp;&nbsp;**Securities Lending Collateral — 0.68%** | &nbsp;&nbsp;**Securities Lending Collateral — 0.68%** |
| &nbsp;&nbsp;Money Market Mutual Fund — 0.68% | &nbsp;&nbsp;Money Market Mutual Fund — 0.68% | &nbsp;&nbsp;Money Market Mutual Fund — 0.68% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dreyfus Institutional Preference Government Money Market Fund - Institutional Shares (seven-day effective yield 4.31%) | 31738570 | $31738570 |
| &nbsp;&nbsp;&nbsp;**Total Securities Lending Collateral<br> (cost $31,738,570)** | &nbsp;&nbsp;&nbsp;**Total Securities Lending Collateral<br> (cost $31,738,570)** | &nbsp;&nbsp; **31738570** |
| &nbsp;&nbsp;&nbsp;**Total Value of Securities—101.22%<br> (cost $4,054,242,711)** |  | &nbsp;&nbsp;**4,726,226,994■** |
| &nbsp;&nbsp;&nbsp;**Obligation to Return<br> Securities Lending<br> Collateral — (0.68%)** |  | &nbsp;&nbsp;&nbsp; **(31738570)** |
| &nbsp;&nbsp;&nbsp;**Liabilities Net of Receivables and Other Assets — (0.54%)** |  | &nbsp;&nbsp;&nbsp; **(25028147)** |
| &nbsp;&nbsp;&nbsp;**Net Assets Applicable to 120,690,569 Shares Outstanding—100.00%** |  | &nbsp;&nbsp; **$4669460277** |

---

---

| | |
|:---|:---|
| <sup>†</sup> | Non-income producing security. |
| <sup>\*</sup> | Fully or partially on loan. |
| ■ | Includes $197,406,366 of securities loaned for which the counterparty pledged additional non-cash collateral valued at $172,173,343. |

---

---

| |
|:---|
| **Summary of abbreviations:** |
| ADR – American Depositary Receipt |

---

2 NQ-IV008 [12/22] 2/23 (2741171)

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** IVY FUNDS

- **b. Investment Company Act file number:** 811-06569

- **c. CIK number of Registrant:** 0000883622

- **d. LEI of Registrant:** UJ5MWG3K37CY01MVRY13

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

  - **Street Address 1:** 100 Independence

  - **City:** Philadelphia

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19106

  - **Telephone number:** 215-255-1200

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

- **a. Name of Series:** Delaware Ivy Science and Technology Fund

- **b. EDGAR series identifier (if any):** S000006285

- **c. LEI of Series:** 49UAH9UZ87VYDRR3YP09

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

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-30

**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:** $4743463544.96

**Total Liabilities:** $55603846.41

**Net Assets:** $4687859698.55

**Cash Not Reported:** $40875.18

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017266 | 3.41%                | 7.53%                | -7.25%               |
| Class ID C000017263 | 3.46%                | 7.60%                | -7.18%               |
| Class ID C000146678 | 3.54%                | 7.66%                | -7.12%               |
| Class ID C000017264 | 3.50%                | 7.63%                | -7.17%               |
| Class ID C000045542 | 3.51%                | 7.65%                | -7.16%               |
| Class ID C000017267 | 3.50%                | 7.63%                | -7.17%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-169841155.16           | $355552356.84                              |
| Month 2  | $64392828.55             | $324104461.50                              |
| Month 3  | $195062037.32            | $-566671330.26                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ionis Pharmaceuticals Inc                      | Ionis Pharmaceuticals Inc                      | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |   1340222 | NS      | $50620184.94  | 1.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Broadcom Inc                                   | Broadcom Inc                                   | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     47784 | NS      | $26717467.92  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                | T-Mobile US Inc                                | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |   1384527 | NS      | $193833780.00 | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                    | NVIDIA Corp                                    | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    634986 | NS      | $92796854.04  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                                  | Pinterest Inc                                  | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   6510146 | NS      | $158066344.88 | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp                          | ON Semiconductor Corp                          | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |   2030856 | NS      | $126664488.72 | 2.70%             |  |  |  | No            |                  1 | On Loan: —       |
| Seagate Technology Holdings PL                 | Seagate Technology Holdings PLC                | CUSIP: 000000000<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | US        |   2645664 | NS      | $139188383.04 | 2.97%             |  |  |  | No            |                  1 | On Loan: —       |
| Apple Inc                                      | Apple Inc                                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   1414134 | NS      | $183738430.62 | 3.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd                                       | Flex Ltd                                       | CUSIP: 000000000<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | US        |   1325205 | NS      | $28438899.30  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Technology Inc                           | Aspen Technology Inc                           | CUSIP: 29109X106<br>LEI: 254900545H80W6GA2J08 | Long             | EC               | CORP              | US        |    236978 | NS      | $48675281.20  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |  12772937 | NS      | $12772936.69  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambarella Inc                                  | Ambarella Inc                                  | CUSIP: 000000000<br>LEI: 254900XN7F4DG0CEKC02 | Long             | EC               | CORP              | US        |   1288466 | NS      | $105950559.18 | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd                               | WNS Holdings Ltd                               | CUSIP: 92932M101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | IN        |   1251314 | NS      | $100092606.86 | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies Inc                      | Keysight Technologies Inc                      | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |    168461 | NS      | $28818623.27  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                       | KLA Corp                                       | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |    351314 | NS      | $132455917.42 | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                         | Intuitive Surgical Inc                         | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |    185729 | NS      | $49283190.15  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software                  | Take-Two Interactive Software Inc              | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |    550454 | NS      | $57318775.02  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                   | Danaher Corp                                   | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    466495 | NS      | $123817102.90 | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity FedFund                    | BlackRock Liquidity FedFund                    | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |  12772937 | NS      | $12772936.72  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                            | Shift4 Payments Inc                            | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1776092 | NS      | $99336825.56  | 2.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Cadence Design Systems Inc                     | Cadence Design Systems Inc                     | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    614142 | NS      | $98655770.88  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DREYFUS INST PREF GOVT PLUS MMF - SL #4134     | DREYFUS INST PREF GOVT PLUS MMF - SL #4134     | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  31738570 | NS      | $31738569.72  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                   | Alphabet Inc                                   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   1245224 | NS      | $109866113.52 | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                      | L3Harris Technologies Inc                      | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |    349777 | NS      | $72827069.17  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                                   | Autodesk Inc                                   | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |    517300 | NS      | $96667851.00  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                 | Microsoft Corp                                 | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   1436053 | NS      | $344394230.46 | 7.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                     | Copart Inc                                     | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |    474684 | NS      | $28903508.76  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Luminar Technologies Inc                       | Luminar Technologies Inc                       | CUSIP: 550424105<br>LEI: 549300AVGXLDWYMI4298 | Long             | EC               | CORP              | US        |   7068682 | NS      | $34989975.90  | 0.75%             |  |  |  | No            |                  1 | On Loan: —       |
| PayPal Holdings Inc                            | PayPal Holdings Inc                            | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    479204 | NS      | $34128908.88  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                             | Analog Devices Inc                             | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |    968340 | NS      | $158836810.20 | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp                      | Edwards Lifesciences Corp                      | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |    716881 | NS      | $53486491.41  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                           | Taiwan Semiconductor Manufacturing Co Ltd      | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    440581 | NS      | $32818878.69  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                     | Intuit Inc                                     | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |    314248 | NS      | $122311606.56 | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc                     | Vertex Pharmaceuticals Inc                     | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |    256056 | NS      | $73943851.68  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                                      | Aptiv PLC                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |   1077580 | NS      | $100355025.40 | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Government Portfolio                     | MSILF Government Portfolio                     | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |  12772937 | NS      | $12772936.69  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                 | Mastercard Inc                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    360192 | NS      | $125249564.16 | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                          | Micron Technology Inc                          | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |   2289882 | NS      | $114448302.36 | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                 | Amazon.com Inc                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   2482171 | NS      | $208502364.00 | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services I                 | West Pharmaceutical Services Inc               | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |    107516 | NS      | $25303890.60  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                | ASML Holding NV                                | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |    394830 | NS      | $215735112.00 | 4.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                                  | Amphenol Corp                                  | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |   2176517 | NS      | $165720004.38 | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Government Portfolio                  | Fidelity Government Portfolio                  | CUSIP: 316175108<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  12772936 | NS      | $12772935.76  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                                   | VeriSign Inc                                   | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |    870904 | NS      | $178918517.76 | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Zebra Technologies Corp                        | Zebra Technologies Corp                        | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | EC               | CORP              | US        |    449717 | NS      | $115311935.97 | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc                       | Microchip Technology Inc                       | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |   2152604 | NS      | $151220431.00 | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy Inc                                       | Etsy Inc                                       | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |    792843 | NS      | $94966734.54  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                    | Netflix Inc                                    | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    392631 | NS      | $115779029.28 | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                                    | CDW Corp/DE                                    | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |    135743 | NS      | $24240984.94  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** IVY FUNDS

**Signature:** Dan Geatens

**Name of Signer:** Dan Geatens

**Title:** Division Director - Head of US Fund Administration