# EDGAR Filing Document

**Accession Number:** 0000764797
**File Stem:** 0001410368-26-055455
**Filing Date:** 2026-5
**Character Count:** 51066
**Document Hash:** 26410be092074a47fa61700baa6d0bc9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-055455.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-055455

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE DWS VARIABLE SERIES I
- **CENTRAL INDEX KEY:** 0000764797

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04257
- **FILM NUMBER:** 261034499

**BUSINESS ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225
- **BUSINESS PHONE:** 212-454-4500

**MAIL ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DEUTSCHE VARIABLE SERIES I
- **DATE OF NAME CHANGE:** 20140811

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DWS VARIABLE SERIES I
- **DATE OF NAME CHANGE:** 20060207

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SCUDDER VARIABLE SERIES I
- **DATE OF NAME CHANGE:** 20010501

## Series and Classes Contracts Data

### DWS Core Equity VIP (Series ID: S000006247)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017184 | Class A      |  |

## Nport-Ex

Investment Portfolio**as of March 31, 2026 (Unaudited)** 

**DWS Core Equity VIP** 

---

| | | |
|:---|:---|:---|
|  | **Shares**  | **Value ($)** |
| **Common Stocks 99.4%** | **Common Stocks 99.4%** |  |
| **Communication Services 10.2%** | **Communication Services 10.2%** |  |
| **Entertainment 2.0%** | **Entertainment 2.0%** |  |
| Netflix, Inc.\*  | 10452 | &nbsp;&nbsp; 1004960 |
| Spotify Technology SA\*  | 518 | &nbsp;&nbsp; 251183 |
| Walt Disney Co.  | 8784 | &nbsp;&nbsp; 846602 |
|  |  | &nbsp;&nbsp; **2102745** |
| **Interactive Media & Services 7.8%** | **Interactive Media & Services 7.8%** |  |
| Alphabet, Inc. "C"  | 20359 | &nbsp;&nbsp; 5840183 |
| Meta Platforms, Inc. "A"  | 4047 | &nbsp;&nbsp; 2315410 |
|  |  | &nbsp;&nbsp; **8155593** |
| **Wireless Telecommunication Services 0.4%** | **Wireless Telecommunication Services 0.4%** |  |
| T-Mobile U.S., Inc. | 1910 | &nbsp;&nbsp; **401157** |
| **Consumer Discretionary 9.9%** | **Consumer Discretionary 9.9%** |  |
| **Automobiles 2.1%** | **Automobiles 2.1%** |  |
| General Motors Co.  | 10372 | &nbsp;&nbsp; 772714 |
| Tesla, Inc.\*  | 3871 | &nbsp;&nbsp; 1439044 |
|  |  | &nbsp;&nbsp; **2211758** |
| **Broadline Retail 4.4%** | **Broadline Retail 4.4%** |  |
| Amazon.com, Inc.\*  | 20794 | &nbsp;&nbsp; 4330766 |
| Coupang, Inc.\*  | 15870 | &nbsp;&nbsp; 299626 |
|  |  | &nbsp;&nbsp; **4630392** |
| **Hotels, Restaurants & Leisure 0.5%** | **Hotels, Restaurants & Leisure 0.5%** |  |
| Hyatt Hotels Corp. "A" (a) | 3429 | &nbsp;&nbsp; **493056** |
| **Household Durables 1.2%** | **Household Durables 1.2%** |  |
| PulteGroup, Inc. | 10646 | &nbsp;&nbsp; **1252076** |
| **Leisure Products 0.8%** | **Leisure Products 0.8%** |  |
| Hasbro, Inc. | 8616 | &nbsp;&nbsp; **806458** |
| **Specialty Retail 0.6%** | **Specialty Retail 0.6%** |  |
| TJX Companies, Inc. | 4091 | &nbsp;&nbsp; **653333** |
| **Textiles, Apparel & Luxury Goods 0.3%** | **Textiles, Apparel & Luxury Goods 0.3%** |  |
| NIKE, Inc. "B" | 6989 | &nbsp;&nbsp; **369159** |
| **Consumer Staples 5.1%** | **Consumer Staples 5.1%** |  |
| **Beverages 1.1%** | **Beverages 1.1%** |  |
| Constellation Brands, Inc. "A"  | 4230 | &nbsp;&nbsp; 634500 |
| Molson Coors Beverage Co. "B"  | 10631 | &nbsp;&nbsp; 457771 |
|  |  | &nbsp;&nbsp; **1092271** |
| **Consumer Staples Distribution & Retail 2.7%** | **Consumer Staples Distribution & Retail 2.7%** |  |
| Costco Wholesale Corp.  | 799 | &nbsp;&nbsp; 796148 |
| Walmart, Inc.  | 16375 | &nbsp;&nbsp; 2035085 |
|  |  | &nbsp;&nbsp; **2831233** |

---

------

---

| | | |
|:---|:---|:---|
| **Personal Care Products 0.6%** | **Personal Care Products 0.6%** |  |
| Kenvue, Inc. | 37286 | &nbsp;&nbsp; **642811** |
| **Tobacco 0.7%** | **Tobacco 0.7%** |  |
| Philip Morris International, Inc. | 4469 | &nbsp;&nbsp; **738904** |
| **Energy 4.0%** | **Energy 4.0%** |  |
| **Energy Equipment & Services 0.4%** | **Energy Equipment & Services 0.4%** |  |
| SLB Ltd. | 9100 | &nbsp;&nbsp; **467649** |
| **Oil, Gas & Consumable Fuels 3.6%** | **Oil, Gas & Consumable Fuels 3.6%** |  |
| Cheniere Energy, Inc.  | 4289 | &nbsp;&nbsp; 1217047 |
| Chord Energy Corp.  | 3092 | &nbsp;&nbsp; 439621 |
| Exxon Mobil Corp.  | 7503 | &nbsp;&nbsp; 1272959 |
| HF Sinclair Corp.  | 13578 | &nbsp;&nbsp; 847131 |
|  |  | &nbsp;&nbsp; **3776758** |
| **Financials 13.4%** | **Financials 13.4%** |  |
| **Banks 5.3%** | **Banks 5.3%** |  |
| Bank of America Corp.  | 16622 | &nbsp;&nbsp; 810322 |
| JPMorgan Chase & Co.  | 10768 | &nbsp;&nbsp; 3167515 |
| Wells Fargo & Co.  | 19666 | &nbsp;&nbsp; 1565610 |
|  |  | &nbsp;&nbsp; **5543447** |
| **Capital Markets 5.1%** | **Capital Markets 5.1%** |  |
| Ameriprise Financial, Inc.  | 2583 | &nbsp;&nbsp; 1147885 |
| Blackstone, Inc.  | 4076 | &nbsp;&nbsp; 468699 |
| Cboe Global Markets, Inc.  | 4512 | &nbsp;&nbsp; 1268188 |
| CME Group, Inc.  | 1846 | &nbsp;&nbsp; 545216 |
| Intercontinental Exchange, Inc.  | 2849 | &nbsp;&nbsp; 448091 |
| KKR & Co., Inc.  | 7546 | &nbsp;&nbsp; 698005 |
| S&P Global, Inc.  | 1890 | &nbsp;&nbsp; 803893 |
|  |  | &nbsp;&nbsp; **5379977** |
| **Financial Services 2.6%** | **Financial Services 2.6%** |  |
| Apollo Global Management, Inc.  | 6087 | &nbsp;&nbsp; 678213 |
| Visa, Inc. "A"  | 6561 | &nbsp;&nbsp; 1982997 |
|  |  | &nbsp;&nbsp; **2661210** |
| **Insurance 0.4%** | **Insurance 0.4%** |  |
| Allstate Corp. | 2096 | &nbsp;&nbsp; **434585** |
| **Health Care 8.6%** | **Health Care 8.6%** |  |
| **Biotechnology 4.6%** | **Biotechnology 4.6%** |  |
| AbbVie, Inc.  | 9820 | &nbsp;&nbsp; 2135752 |
| Amgen, Inc.  | 4602 | &nbsp;&nbsp; 1619214 |
| Regeneron Pharmaceuticals, Inc.  | 1368 | &nbsp;&nbsp; 1056971 |
|  |  | &nbsp;&nbsp; **4811937** |
| **Health Care Equipment & Supplies 1.3%** | **Health Care Equipment & Supplies 1.3%** |  |
| Abbott Laboratories  | 3697 | &nbsp;&nbsp; 379571 |
| Medtronic PLC  | 5112 | &nbsp;&nbsp; 442955 |
| STERIS PLC  | 2212 | &nbsp;&nbsp; 489139 |
|  |  | &nbsp;&nbsp; **1311665** |
| **Health Care Providers & Services 1.2%** | **Health Care Providers & Services 1.2%** |  |
| Cigna Group  | 1481 | &nbsp;&nbsp; 395057 |
| Elevance Health, Inc.  | 1615 | &nbsp;&nbsp; 472791 |
| UnitedHealth Group, Inc.  | 1319 | &nbsp;&nbsp; 356908 |
|  |  | &nbsp;&nbsp; **1224756** |

---

------

---

| | | |
|:---|:---|:---|
| **Health Care Technology 0.3%** | **Health Care Technology 0.3%** |  |
| Veeva Systems, Inc. "A"\* | 2075 | &nbsp;&nbsp; **364495** |
| **Pharmaceuticals 1.2%** | **Pharmaceuticals 1.2%** |  |
| Johnson & Johnson  | 1940 | &nbsp;&nbsp; 474213 |
| Merck & Co., Inc.  | 6420 | &nbsp;&nbsp; 772262 |
|  |  | &nbsp;&nbsp; **1246475** |
| **Industrials 9.6%** | **Industrials 9.6%** |  |
| **Aerospace & Defense 4.0%** | **Aerospace & Defense 4.0%** |  |
| Boeing Co.\*  | 2291 | &nbsp;&nbsp; 455978 |
| GE Aerospace  | 1831 | &nbsp;&nbsp; 519583 |
| Howmet Aerospace, Inc.  | 2924 | &nbsp;&nbsp; 673865 |
| Lockheed Martin Corp.  | 1824 | &nbsp;&nbsp; 1102407 |
| Rocket Lab Corp.\*  | 6318 | &nbsp;&nbsp; 405742 |
| RTX Corp.  | 5539 | &nbsp;&nbsp; 1068473 |
|  |  | &nbsp;&nbsp; **4226048** |
| **Building Products 0.9%** | **Building Products 0.9%** |  |
| Owens Corning | 8891 | &nbsp;&nbsp; **962184** |
| **Commercial Services & Supplies 1.1%** | **Commercial Services & Supplies 1.1%** |  |
| Veralto Corp.  | 2918 | &nbsp;&nbsp; 258010 |
| Waste Management, Inc.  | 3988 | &nbsp;&nbsp; 916402 |
|  |  | &nbsp;&nbsp; **1174412** |
| **Electrical Equipment 0.6%** | **Electrical Equipment 0.6%** |  |
| Hubbell, Inc. | 1260 | &nbsp;&nbsp; **618332** |
| **Machinery 0.9%** | **Machinery 0.9%** |  |
| Caterpillar, Inc. | 1304 | &nbsp;&nbsp; **923832** |
| **Marine Transportation 1.0%** | **Marine Transportation 1.0%** |  |
| Kirby Corp.\* | 7568 | &nbsp;&nbsp; **1005636** |
| **Passenger Airlines 0.4%** | **Passenger Airlines 0.4%** |  |
| United Airlines Holdings, Inc.\* | 5004 | &nbsp;&nbsp; **460718** |
| **Professional Services 0.7%** | **Professional Services 0.7%** |  |
| Automatic Data Processing, Inc.  | 1900 | &nbsp;&nbsp; 386042 |
| Verisk Analytics, Inc.  | 1525 | &nbsp;&nbsp; 289369 |
|  |  | &nbsp;&nbsp; **675411** |
| **Information Technology 31.3%** | **Information Technology 31.3%** |  |
| **IT Services 0.5%** | **IT Services 0.5%** |  |
| Cloudflare, Inc. "A"\* | 2658 | &nbsp;&nbsp; **548452** |
| **Semiconductors & Semiconductor Equipment 12.8%** | **Semiconductors & Semiconductor Equipment 12.8%** |  |
| Advanced Micro Devices, Inc.\*  | 5702 | &nbsp;&nbsp; 1159958 |
| Broadcom, Inc.  | 6020 | &nbsp;&nbsp; 1863250 |
| Lam Research Corp.  | 2717 | &nbsp;&nbsp; 580514 |
| Micron Technology, Inc.  | 5254 | &nbsp;&nbsp; 1775012 |
| MKS, Inc.  | 2737 | &nbsp;&nbsp; 628990 |
| NVIDIA Corp.  | 38152 | &nbsp;&nbsp; 6653709 |
| QUALCOMM, Inc.  | 5803 | &nbsp;&nbsp; 747310 |
|  |  | &nbsp;&nbsp; **13408743** |
| **Software 9.1%** | **Software 9.1%** |  |
| Adobe, Inc.\*  | 752 | &nbsp;&nbsp; 182796 |

---

------

---

| | | |
|:---|:---|:---|
| Fortinet, Inc.\*  | 4979 | &nbsp;&nbsp; 406884 |
| Microsoft Corp.  | 18903 | &nbsp;&nbsp; 6997323 |
| Oracle Corp.  | 8244 | &nbsp;&nbsp; 1212775 |
| Palantir Technologies, Inc. "A"\*  | 1498 | &nbsp;&nbsp; 219127 |
| ServiceNow, Inc.\*  | 4065 | &nbsp;&nbsp; 424996 |
|  |  | &nbsp;&nbsp; **9443901** |
| **Technology Hardware, Storage & Peripherals 8.9%** | **Technology Hardware, Storage & Peripherals 8.9%** |  |
| Apple, Inc. | 36662 | &nbsp;&nbsp; **9304449** |
| **Materials 3.0%** | **Materials 3.0%** |  |
| **Chemicals 1.0%** | **Chemicals 1.0%** |  |
| Albemarle Corp.  | 4635 | &nbsp;&nbsp; 832121 |
| Mosaic Co.  | 9742 | &nbsp;&nbsp; 248421 |
|  |  | &nbsp;&nbsp; **1080542** |
| **Containers & Packaging 0.4%** | **Containers & Packaging 0.4%** |  |
| AptarGroup, Inc. | 3131 | &nbsp;&nbsp; **394569** |
| **Metals & Mining 1.6%** | **Metals & Mining 1.6%** |  |
| Newmont Corp.  | 7519 | &nbsp;&nbsp; 813932 |
| Nucor Corp.  | 4900 | &nbsp;&nbsp; 828590 |
|  |  | &nbsp;&nbsp; **1642522** |
| **Real Estate 1.8%** | **Real Estate 1.8%** |  |
| **Health Care REITs 0.5%** | **Health Care REITs 0.5%** |  |
| Medical Properties Trust, Inc.  | 124479 | &nbsp;&nbsp; **576338** |
| **Industrial REITs 0.9%** | **Industrial REITs 0.9%** |  |
| Prologis, Inc.  | 7155 | &nbsp;&nbsp; **945748** |
| **Residential REITs 0.4%** | **Residential REITs 0.4%** |  |
| AvalonBay Communities, Inc.  | 2470 | &nbsp;&nbsp; **403474** |
| **Utilities 2.5%** | **Utilities 2.5%** |  |
| **Electric Utilities 1.6%** | **Electric Utilities 1.6%** |  |
| FirstEnergy Corp.  | 8459 | &nbsp;&nbsp; 428533 |
| NRG Energy, Inc.  | 8498 | &nbsp;&nbsp; 1241898 |
|  |  | &nbsp;&nbsp; **1670431** |
| **Independent Power & Renewable Electricity Producers 0.3%** | **Independent Power & Renewable Electricity Producers 0.3%** |  |
| Vistra Corp. | 2363 | &nbsp;&nbsp; **355230** |
| **Multi-Utilities 0.6%** | **Multi-Utilities 0.6%** |  |
| WEC Energy Group, Inc. | 4932 | &nbsp;&nbsp; **570977** |
| **Total Common Stocks** (Cost $52,249,823) | **Total Common Stocks** (Cost $52,249,823) | &nbsp;&nbsp; **103995849** |
| **Cash Equivalents 0.9%** | **Cash Equivalents 0.9%** | **Cash Equivalents 0.9%** |
| DWS Central Cash Management Government Fund, 3.66% (b) (Cost $967,467) | 967467 | &nbsp;&nbsp; **967467** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **% of** <br>**Net Assets**<br>| **Value ($)** |
| **Total Investment Portfolio** (Cost $53,217,290) | 100.3 | &nbsp;&nbsp; **104963316** |
| **Other Assets and Liabilities, Net**  | (0.3)<br>| &nbsp;&nbsp; **(354236)**<br>|
| **Net Assets** | 100.0 | &nbsp;&nbsp; **104609080** |

---

*For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.*

------

*A summary of the Fund's transactions with affiliated investments during the period ended March 31, 2026 are as follows:* 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Value ($) at** <br>**12/31/2025**<br>| &nbsp;&nbsp; **Purchases** <br>**Cost ($)**<br>| &nbsp;&nbsp; **Sales** <br>**Proceeds ($)**<br>| &nbsp;&nbsp; **Net Realized** <br>**Gain/** <br>**(Loss) ($)**<br>| &nbsp;&nbsp; **Net Change in** <br>**Unrealized** <br>**Appreciation** <br>**(Depreciation) ($)**<br>| **Income ($)** | &nbsp;&nbsp; **Capital Gain** <br>**Distributions ($)**<br>| &nbsp;&nbsp; **Number** <br>**of Shares** <br>**at** <br>**3/31/2026**<br>| &nbsp;&nbsp; **Value ($) at** <br>**3/31/2026**<br>|
| **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** |
| DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>3.55% (b) (c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>3.55% (b) (c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>3.55% (b) (c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>3.55% (b) (c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>3.55% (b) (c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>3.55% (b) (c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>3.55% (b) (c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>3.55% (b) (c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", <br>3.55% (b) (c) |
| 669900  | —  | 669,900 (d) | —  | —  | 374  | —  | —  | —  |
| **Cash Equivalents 0.9%** | **Cash Equivalents 0.9%** | **Cash Equivalents 0.9%** | **Cash Equivalents 0.9%** | **Cash Equivalents 0.9%** | **Cash Equivalents 0.9%** | **Cash Equivalents 0.9%** | **Cash Equivalents 0.9%** | **Cash Equivalents 0.9%** |
| DWS Central Cash Management Government Fund, 3.66% (b) | DWS Central Cash Management Government Fund, 3.66% (b) | DWS Central Cash Management Government Fund, 3.66% (b) | DWS Central Cash Management Government Fund, 3.66% (b) | DWS Central Cash Management Government Fund, 3.66% (b) | DWS Central Cash Management Government Fund, 3.66% (b) | DWS Central Cash Management Government Fund, 3.66% (b) | DWS Central Cash Management Government Fund, 3.66% (b) | DWS Central Cash Management Government Fund, 3.66% (b) |
| 1096686  | 2869415  | 2998634  | —  | —  | 6243  | —  | 967467  | 967467  |
| **1766586** | **2869415** | **3668534** | **—** | **—** | **6617** | **—** | **967467** | **967467** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

*\** *Non-income producing security.* 

*(a)* *All or a portion of these securities were on loan. In addition, "Other Assets and Liabilities, Net" may include pending sales that* *are also on loan. The value of securities loaned at March 31, 2026 amounted to $488,886, which is 0.5% of net assets.* 

*(b)* *Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day yield at* *period end.* 

*(c)* *Represents cash collateral held in connection with securities lending. Income earned by the Fund is net of borrower rebates. In* *addition, the Fund held non-cash U.S. Treasury securities collateral having a value of $485,556.* 

*(d)* *Represents the net increase (purchase cost) or decrease (sales proceeds) in the amount invested in cash collateral for the period* *ended March 31, 2026.* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

*REIT: Real Estate Investment Trust* <br> *S&P: Standard & Poor's*

***Fair Value Measurements***

*Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.* 

*The following is a summary of the inputs used as of March 31, 2026 in valuing the Fund's investments.* 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Assets** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Common Stocks (a) | $103995849 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $103995849 |
| Short-Term Investments  | 967467 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 967467 |
| **Total** | **$104963316** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$104963316** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;*(a)* *See Investment Portfolio for additional detailed categorizations.* 

The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas Inc. and RREEF America L.L.C. which offer advisory services.

VS1coreq-PH1

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** DEUTSCHE DWS VARIABLE SERIES I

- **b. Investment Company Act file number:** 811-04257

- **c. CIK number of Registrant:** 0000764797

- **d. LEI of Registrant:** U1G8JTC14F115MRJOJ63

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

  - **Street Address 1:** 875 Third Avenue

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022-6225

  - **Telephone number:** 212-454-4500

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

- **a. Name of Series:** DWS Core Equity VIP

- **b. EDGAR series identifier (if any):** S000006247

- **c. LEI of Series:** POF4UIIPUSZT1IW0ML25

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $105027899.08

**Total Liabilities:** $139069.74

**Net Assets:** $104888829.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017184 | 1.21%                | -1.20%               | -4.84%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $435246.10               | $928907.68                                 |
| Month 2  | $1139836.98              | $-2613082.03                               |
| Month 3  | $198365.36               | $-5619845.68                               |

**Designated Index Information**

- **Index Name:** Russell 1000 Index (Gross Total Return)

- **Index Identifier:** RS1000

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abbott Laboratories             | Abbott Laboratories                         | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      3697 | NS      | $379570.99    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                      | AbbVie Inc                                  | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      9820 | NS      | $2135751.80   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                       | Adobe Inc                                   | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       752 | NS      | $182796.16    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc      | Advanced Micro Devices Inc                  | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      5702 | NS      | $1159957.86   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                  | Albemarle Corp                              | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |      4635 | NS      | $832121.55    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The               | Allstate Corp/The                           | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      2096 | NS      | $434584.64    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                    | Alphabet Inc                                | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     20359 | NS      | $5840182.74   | 5.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                  | Amazon.com Inc                              | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     20794 | NS      | $4330766.38   | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc        | Ameriprise Financial Inc                    | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      2583 | NS      | $1147885.20   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                       | Amgen Inc                                   | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      4602 | NS      | $1619213.70   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc             | Elevance Health Inc                         | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      1615 | NS      | $472791.25    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc    | Apollo Global Management Inc                | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |      6087 | NS      | $678213.54    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                       | Apple Inc                                   | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     36662 | NS      | $9304448.98   | 8.87%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup Inc                  | AptarGroup Inc                              | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |      3131 | NS      | $394568.62    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc   | Automatic Data Processing Inc               | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      1900 | NS      | $386042.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc       | AvalonBay Communities Inc                   | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               |  | US        |      2470 | NS      | $403474.50    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp            | Bank of America Corp                        | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     16622 | NS      | $810322.50    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                  | Blackstone Inc                              | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |      4076 | NS      | $468699.24    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                   | Boeing Co/The                               | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      2291 | NS      | $455977.73    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                    | Broadcom Inc                                | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      6020 | NS      | $1863250.20   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc         | Cboe Global Markets Inc                     | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      4512 | NS      | $1268187.84   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                 | Cigna Group/The                             | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      1481 | NS      | $395056.75    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                   | CME Group Inc                               | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      1846 | NS      | $545216.10    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                 | Caterpillar Inc                             | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      1304 | NS      | $923831.84    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc             | Cheniere Energy Inc                         | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      4289 | NS      | $1217046.64   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                  | Cloudflare Inc                              | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |      2658 | NS      | $548451.72    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc        | Constellation Brands Inc                    | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      4230 | NS      | $634500.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp           | Costco Wholesale Corp                       | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       799 | NS      | $796147.57    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupang Inc                     | Coupang Inc                                 | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |     15870 | NS      | $299625.60    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The              | Walt Disney Co/The                          | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      8784 | NS      | $846601.92    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                | Exxon Mobil Corp                            | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      7503 | NS      | $1272958.98   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc              | Meta Platforms Inc                          | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      4047 | NS      | $2315410.11   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp                | FirstEnergy Corp                            | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |      8459 | NS      | $428532.94    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                    | Fortinet Inc                                | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |      4979 | NS      | $406883.88    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                    | GE Aerospace                                | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      1831 | NS      | $519582.87    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co               | General Motors Co                           | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     10372 | NS      | $772714.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp                | HF Sinclair Corp                            | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |     13578 | NS      | $847131.42    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro Inc                      | Hasbro Inc                                  | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |      8616 | NS      | $806457.60    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc            | Howmet Aerospace Inc                        | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      2924 | NS      | $673865.04    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                     | Hubbell Inc                                 | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      1260 | NS      | $618332.40    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp               | Hyatt Hotels Corp                           | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |      3429 | NS      | $493055.91    | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Intercontinental Exchange Inc   | Intercontinental Exchange Inc               | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      2849 | NS      | $448090.72    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co             | JPMorgan Chase & Co                         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     10768 | NS      | $3167514.88   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson               | Johnson & Johnson                           | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      1940 | NS      | $474213.60    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                    | KKR & Co Inc                                | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |      7546 | NS      | $698005.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue Inc                      | Kenvue Inc                                  | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |     37286 | NS      | $642810.64    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                      | Kirby Corp                                  | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |      7568 | NS      | $1005635.84   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp               | Lam Research Corp                           | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      2717 | NS      | $580514.22    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp            | Lockheed Martin Corp                        | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      1824 | NS      | $1102407.36   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Inc                         | MKS Inc                                     | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |      2737 | NS      | $628989.97    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Medical Properties Trust Inc    | Medical Properties Trust Inc                | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               |  | US        |    124479 | NS      | $576337.77    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                  | Merck & Co Inc                              | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      6420 | NS      | $772261.80    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                  | Microsoft Corp                              | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     18903 | NS      | $6997323.51   | 6.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc           | Micron Technology Inc                       | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      5254 | NS      | $1775011.36   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co        | Molson Coors Beverage Co                    | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |     10631 | NS      | $457770.86    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co/The                   | Mosaic Co/The                               | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |      9742 | NS      | $248421.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                  | NRG Energy Inc                              | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      8498 | NS      | $1241897.72   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                     | Netflix Inc                                 | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     10452 | NS      | $1004959.80   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                    | Newmont Corp                                | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      7519 | NS      | $813931.75    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                        | NIKE Inc                                    | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      6989 | NS      | $369158.98    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                      | Nucor Corp                                  | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      4900 | NS      | $828590.00    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                     | NVIDIA Corp                                 | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     38152 | NS      | $6653708.80   | 6.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp               | Chord Energy Corp                           | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |      3092 | NS      | $439620.56    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                     | Oracle Corp                                 | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      8244 | NS      | $1212774.84   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                   | Owens Corning                               | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |      8891 | NS      | $962184.02    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc       | Palantir Technologies Inc                   | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      1498 | NS      | $219127.44    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc | Philip Morris International Inc             | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      4469 | NS      | $738904.46    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                    | Prologis Inc                                | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |      7155 | NS      | $945747.90    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                  | PulteGroup Inc                              | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10646 | NS      | $1252076.06   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                    | QUALCOMM Inc                                | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      5803 | NS      | $747310.34    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                        | RTX Corp                                    | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      5539 | NS      | $1068473.10   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc   | Regeneron Pharmaceuticals Inc               | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      1368 | NS      | $1056971.52   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp                 | Rocket Lab Corp                             | CUSIP: 773121108<br>LEI: 254900LNRW7906KUMM93 | Long             | EC               | CORP              | US        |      6318 | NS      | $405741.96    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                  | S&P Global Inc                              | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      1890 | NS      | $803892.60    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                         | SLB Ltd                                     | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |      9100 | NS      | $467649.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                  | ServiceNow Inc                              | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      4065 | NS      | $424995.75    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                 | TJX Cos Inc/The                             | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      4091 | NS      | $653332.70    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                 | T-Mobile US Inc                             | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      1910 | NS      | $401157.30    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                       | Tesla Inc                                   | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      3871 | NS      | $1439044.25   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc    | United Airlines Holdings Inc                | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |      5004 | NS      | $460718.28    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc          | UnitedHealth Group Inc                      | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1319 | NS      | $356908.21    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc               | Veeva Systems Inc                           | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      2075 | NS      | $364494.50    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                    | Veralto Corp                                | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |      2918 | NS      | $258009.56    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc            | Verisk Analytics Inc                        | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |      1525 | NS      | $289368.75    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                        | Visa Inc                                    | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      6561 | NS      | $1982996.64   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                     | Vistra Corp                                 | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      2363 | NS      | $355229.79    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc            | WEC Energy Group Inc                        | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |      4932 | NS      | $570977.64    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                     | Walmart Inc                                 | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     16375 | NS      | $2035085.00   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc            | Waste Management Inc                        | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      3988 | NS      | $916402.52    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                | Wells Fargo & Co                            | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     19666 | NS      | $1565610.26   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS                             | DWS Central Cash Management Government Fund | CUSIP: 25160K306<br>LEI: 5493003GD84DGSXJ7618 | Long             | STIV             | RF                | US        |    964109 | NS      | $964109.34    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                   | Medtronic PLC                               | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |      5112 | NS      | $442954.80    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                      | STERIS PLC                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      2212 | NS      | $489139.56    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA           | Spotify Technology SA                       | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |       518 | NS      | $251183.38    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** DEUTSCHE DWS VARIABLE SERIES I

**Signature:** Diane Kenneally

**Name of Signer:** Diane Kenneally

**Title:** Treasurer and Chief Financial Officer