# EDGAR Filing Document

**Accession Number:** 0000814679
**File Stem:** 0000940400-26-008896
**Filing Date:** 2026-2
**Character Count:** 79071
**Document Hash:** a3f3e398dc242b906459c4ad8988e3cb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-008896.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000940400-26-008896

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ADVANCED SERIES TRUST
- **CENTRAL INDEX KEY:** 0000814679

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05186
- **FILM NUMBER:** 26698269

**BUSINESS ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 6TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102
- **BUSINESS PHONE:** (973) 367-8982

**MAIL ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 6TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAN SKANDIA TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HENDERSON INTERNATIONAL GROWTH FUND
- **DATE OF NAME CHANGE:** 19920506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HENDERSON GLOBAL ASSET TRUST
- **DATE OF NAME CHANGE:** 19900302

## Series and Classes Contracts Data

### AST J.P. Morgan Conservative Multi-Asset Portfolio (Series ID: S000002009)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000005219 | AST J.P. Morgan Conservative Multi-Asset Portfolio |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Advanced Series Trust

- **b. Investment Company Act file number:** 811-05186

- **c. CIK number of Registrant:** 0000814679

- **d. LEI of Registrant:** 549300VWSUPW8FKG9V43

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

  - **Street Address 1:** 655 Broad Street

  - **City:** Newark

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 07102-4077

  - **Telephone number:** 1-888-778-2888

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

- **a. Name of Series:** AST J.P. Morgan Conservative Multi-Asset Portfolio

- **b. EDGAR series identifier (if any):** S000002009

- **c. LEI of Series:** EG1KX9XDP80JV1VJPK17

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $3965856593.75

**Total Liabilities:** $27275249.35

**Net Assets:** $3938581344.40

**Cash Not Reported:** $5128856.20

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000005219 | 0.97%                | 0.33%                | 0.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2693038.46              | $24782392.94                               |
| Month 2  | $14895214.72             | $-1483451.57                               |
| Month 3  | $1646655.63              | $-5301695.01                               |

**Designated Index Information**

- **Index Name:** Blended Custom Benchmark

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| OSAKA EXCHANGE,INC                                 | TOPIX INDX                                                | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DE               | CORP              | JP        |       135 | NC      | $319108.45     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT                  | EURO-BUND                                                 | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |      -894 | NC      | $-208009.57    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Holdings Corp                             | WillScot Holdings Corp                                    | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |     81737 | NS      | $1539107.71    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Bel Fuse Inc                                       | Bel Fuse Inc                                              | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |      3047 | NS      | $516862.61     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                                 | Expand Energy Corp                                        | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |        19 | NS      | $2096.84       | 0.00%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Novanta Inc                                        | Novanta Inc                                               | CUSIP: 67000B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14333 | NS      | $1705483.67    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                                    | United States Treasury Note/Bond                          | CUSIP: 91282CJV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  46460700 | PA      | $46466144.61   | 1.18%             | 2026-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| IHI Corp                                           | IHI Corp                                                  | CUSIP: 000000000<br>LEI: 549300ETQIESIUQ2OE26 | Long             | EC               | CORP              | JP        |    136500 | NS      | $2399751.15    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Performance Food Group Co                          | Performance Food Group Co                                 | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     14218 | NS      | $1278482.56    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro MicroSystems Inc                           | Allegro MicroSystems Inc                                  | CUSIP: 01749D105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39693 | NS      | $1047101.34    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                                   | MercadoLibre Inc                                          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |       993 | NS      | $2000160.18    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar Inc                                    | Morningstar Inc                                           | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |      7053 | NS      | $1532687.43    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                   | E-MINI RUSS 2000                                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |      -935 | NC      | $5409197.25    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Baldwin Insurance Group Inc/Th                     | Baldwin Insurance Group Inc/The                           | CUSIP: 05589G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31108 | NS      | $747525.24     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Tencent Holdings Ltd                               | Tencent Holdings Ltd                                      | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |    100000 | NS      | $7674353.95    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX PLC                                           | RELX PLC                                                  | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |     54913 | NS      | $2236636.85    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd                             | DBS Group Holdings Ltd                                    | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |    134840 | NS      | $5906619.62    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Telstra Group Ltd                                  | Telstra Group Ltd                                         | CUSIP: 000000000<br>LEI: 894500WRW54CVN62K416 | Long             | EC               | CORP              | AU        |   1056868 | NS      | $3429074.74    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| EastGroup Properties Inc                           | EastGroup Properties Inc                                  | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |      4387 | NS      | $781500.18     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intact Financial Corp                              | Intact Financial Corp                                     | CUSIP: 45823T106<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | EC               | CORP              | CA        |     10856 | NS      | $2259943.08    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                          | Nestle SA                                                 | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     45311 | NS      | $4497530.05    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Pool Corp                                          | Pool Corp                                                 | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      5026 | NS      | $1149697.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Global Select Equity ETF                  | JPMorgan Global Select Equity ETF                         | CUSIP: 46654Q740<br>LEI: 5493000IA63JXH4YO068 | Long             | EC               | RF                | US        |   6491094 | NS      | $439252330.98  | 11.15%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                   | XAF FINANCIAL                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |       503 | NC      | $-251258.56    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Warby Parker Inc                                   | Warby Parker Inc                                          | CUSIP: 93403J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30884 | NS      | $672962.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group Inc                                | StepStone Group Inc                                       | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21792 | NS      | $1398392.64    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                                       | Doximity Inc                                              | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18283 | NS      | $809571.24     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Obayashi Corp                                      | Obayashi Corp                                             | CUSIP: 000000000<br>LEI: 529900YT4O5S0LCXWD54 | Long             | EC               | CORP              | JP        |    140000 | NS      | $2929907.82    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Munich Re                                          | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | CUSIP: 000000000<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | DE        |      6756 | NS      | $4446031.92    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Verra Mobility Corp                                | Verra Mobility Corp                                       | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |     56314 | NS      | $1261996.74    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corp                                        | ITOCHU Corp                                               | CUSIP: 000000000<br>LEI: J48DJYXDTLHM30UMYI18 | Long             | EC               | CORP              | JP        |    216500 | NS      | $2735869.92    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Evercore Inc                                       | Evercore Inc                                              | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      4623 | NS      | $1572975.75    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp                                | WSFS Financial Corp                                       | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     20254 | NS      | $1118830.96    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Active Growth ETF                         | JPMorgan Active Growth ETF                                | CUSIP: 46654Q609<br>LEI: 5493001GSJ14WQX68P70 | Long             | EC               | RF                | US        |   2328181 | NS      | $216055196.80  | 5.49%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT                  | EURO-BTP                                                  | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       919 | NC      | $-246654.56    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc                                | Landstar System Inc                                       | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |      8846 | NS      | $1271170.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings                      | Clearwater Analytics Holdings Inc                         | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44708 | NS      | $1078356.96    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| First Financial Bancorp                            | First Financial Bancorp                                   | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |     37609 | NS      | $940977.18     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shake Shack Inc                                    | Shake Shack Inc                                           | CUSIP: 819047101<br>LEI: 529900J74GJAHYP80N79 | Long             | EC               | CORP              | US        |      9381 | NS      | $761455.77     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliance Laundry Holdings Inc                      | Alliance Laundry Holdings Inc                             | CUSIP: 01862Q107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31900 | NS      | $649165.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| HealthEquity Inc                                   | HealthEquity Inc                                          | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |     13356 | NS      | $1223543.16    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HKEX                                               | Hong Kong Exchanges & Clearing Ltd                        | CUSIP: 000000000<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |     83300 | NS      | $4358368.85    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| RLI Corp                                           | RLI Corp                                                  | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |     16143 | NS      | $1032829.14    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| ICU Medical Inc                                    | ICU Medical Inc                                           | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |      9673 | NS      | $1380046.91    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Simpson Manufacturing Co Inc                       | Simpson Manufacturing Co Inc                              | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |      7960 | NS      | $1285301.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                     | CDS ABX.HE.AAA. 06-2                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCR              | CORP              | US        |         1 | NC      | $915.61        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Novonesis Novozymes B                              | Novonesis Novozymes B                                     | CUSIP: 000000000<br>LEI: 529900T6WNZXD2R3JW38 | Long             | EC               | CORP              | DK        |     34512 | NS      | $2208096.03    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| MACOM Technology Solutions Hol                     | MACOM Technology Solutions Holdings Inc                   | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11835 | NS      | $2027098.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                               | Taiwan Semiconductor Manufacturing Co Ltd                 | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    118000 | NS      | $5800559.66    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| MarketAxess Holdings Inc                           | MarketAxess Holdings Inc                                  | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |      8283 | NS      | $1501293.75    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc                               | Medpace Holdings Inc                                      | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |       941 | NS      | $528512.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                               | Royal Bank of Canada                                      | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |     32638 | NS      | $5564070.98    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                                   | Badger Meter Inc                                          | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |      6890 | NS      | $1201684.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Novartis AG                                        | Novartis AG                                               | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     33940 | NS      | $4676796.04    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Karman Holdings Inc                                | Karman Holdings Inc                                       | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9290 | NS      | $679749.30     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Power Integrations Inc                             | Power Integrations Inc                                    | CUSIP: 739276103<br>LEI: 54930085LGXSCIHD5W31 | Long             | EC               | CORP              | US        |     31936 | NS      | $1135005.44    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| CITIBANK, NATIONAL ASSOCIATION                     | CDS ABX.HE.AAA. 06-2                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCR              | CORP              | US        |         1 | NC      | $1962.03       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                                     | Air Liquide SA                                            | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     20967 | NS      | $3940830.77    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Perimeter Solutions Inc                            | Perimeter Solutions Inc                                   | CUSIP: 71385M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29276 | NS      | $805968.28     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                                         | Qualys Inc                                                | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |      6565 | NS      | $872488.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| ASML Holding NV                                    | ASML Holding NV                                           | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      4449 | NS      | $4793887.23    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Loar Holdings Inc                                  | Loar Holdings Inc                                         | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11532 | NS      | $784176.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Casella Waste Systems Inc                          | Casella Waste Systems Inc                                 | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     17148 | NS      | $1679475.12    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Flowco Holdings Inc                                | Flowco Holdings Inc                                       | CUSIP: 342909108<br>LEI: 529900837MXVPIR9FZ68 | Long             | EC               | CORP              | US        |     41678 | NS      | $781045.72     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bright Horizons Family Solutio                     | Bright Horizons Family Solutions Inc                      | CUSIP: 109194100<br>LEI: 2549009BKSVTM7UEYT38 | Long             | EC               | CORP              | US        |     15927 | NS      | $1614997.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillman Solutions Corp                             | Hillman Solutions Corp                                    | CUSIP: 431636109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    113806 | NS      | $985559.96     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                                      | UniCredit SpA                                             | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |     51826 | NS      | $4292576.67    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                  | USD/SEK FORWARD                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-208285.91    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Cullen/Frost Bankers Inc                           | Cullen/Frost Bankers Inc                                  | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |     10544 | NS      | $1335186.72    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Severstal PAO                                      | Severstal PAO                                             | CUSIP: 818150302<br>LEI: 213800OKDPTV6K4ONO53 | Long             | EC               | CORP              | RU        |     17534 | NS      | $1.75          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SK hynix Inc                                       | SK hynix Inc                                              | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |     11378 | NS      | $5152847.92    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| MSA Safety Inc                                     | MSA Safety Inc                                            | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |     13289 | NS      | $2128100.46    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Portland General Electric Co                       | Portland General Electric Co                              | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     21592 | NS      | $1036200.08    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp                              | Encompass Health Corp                                     | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     12775 | NS      | $1355938.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MORAN FOODS                                        | MORAN FOODS                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     13403 | PA      | $12733.19      | 0.00%             | 2026-06-30      | Floating      | 16.91%                | No            |                  3 | On Loan: No      |
| Molina Healthcare Inc                              | Molina Healthcare Inc                                     | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |      3735 | NS      | $648171.90     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Legrand SA                                         | Legrand SA                                                | CUSIP: 000000000<br>LEI: 969500XXRPGD7HCAFA90 | Long             | EC               | CORP              | FR        |     25791 | NS      | $3834161.55    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                  | NatWest Group PLC                                         | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |    341447 | NS      | $2995269.38    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | EUR/SEK FORWARD                                           | CUSIP: 000000000<br>LEI: 8NAV47T0Y26Q87Y0QP81 | N/A              | DFE              | CORP              | US        |         1 | NC      | $272556.61     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Utz Brands Inc                                     | Utz Brands Inc                                            | CUSIP: 918090101<br>LEI: 5299009BHBU2NH5HRN16 | Long             | EC               | CORP              | US        |    104140 | NS      | $1080973.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Chefs' Warehouse Inc/The                           | Chefs' Warehouse Inc/The                                  | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |     10294 | NS      | $641625.02     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Al Rajhi Bank                                      | Al Rajhi Bank                                             | CUSIP: 000000000<br>LEI: 558600BQZS4Y1DTU8589 | Long             | EC               | CORP              | SA        |    118303 | NS      | $3072934.62    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Volvo AB                                           | Volvo AB                                                  | CUSIP: 928856301<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |    113352 | NS      | $3607386.27    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| nCino Inc                                          | nCino Inc                                                 | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |     24934 | NS      | $639307.76     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| HDFC Bank Ltd                                      | HDFC Bank Ltd                                             | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    141361 | NS      | $5165330.94    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologie                     | Applied Industrial Technologies Inc                       | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      4947 | NS      | $1270241.19    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                                   | RBC Bearings Inc                                          | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3621 | NS      | $1623765.03    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EssilorLuxottica SA                                | EssilorLuxottica SA                                       | CUSIP: 000000000<br>LEI: 549300M3VH1A3ER1TB49 | Long             | EC               | CORP              | FR        |      5483 | NS      | $1733713.29    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ANDERSEN GROUP INC                                 | ANDERSEN GROUP INC                                        | CUSIP: 033853102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19346 | NS      | $501641.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                           | AUD/USD FORWARD                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $16972.74      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Envista Holdings Corp                              | Envista Holdings Corp                                     | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |     67414 | NS      | $1463557.94    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus International Group Inc                      | Janus International Group Inc                             | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    113053 | NS      | $739366.62     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup Inc                                     | AptarGroup Inc                                            | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |      6906 | NS      | $842255.76     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON Inc                                           | AAON Inc                                                  | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9894 | NS      | $754417.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| US TREASURY N/B                                    | United States Treasury Note/Bond                          | CUSIP: 91282CMH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6600000 | PA      | $6642023.44    | 0.17%             | 2027-01-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Saia Inc                                           | Saia Inc                                                  | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      3708 | NS      | $1210736.16    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Vail Resorts Inc                                   | Vail Resorts Inc                                          | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |      3621 | NS      | $480868.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| National Bank of Greece SA                         | National Bank of Greece SA                                | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | EC               | CORP              | GR        |    149057 | NS      | $2273484.90    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Central Asia Tbk PT                           | Bank Central Asia Tbk PT                                  | CUSIP: 000000000<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |   5089900 | NS      | $2457896.01    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                       | Wyndham Hotels & Resorts Inc                              | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     18327 | NS      | $1384788.12    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                           | EUR/USD FORWARD                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $81784.08      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Accelerant Holdings                                | Accelerant Holdings                                       | CUSIP: 000000000<br>LEI: 213800VS4CX9ZONTD965 | Long             | EC               | CORP              | KY        |     34395 | NS      | $562358.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Commerce Bancshares Inc/MO                         | Commerce Bancshares Inc/MO                                | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23852 | NS      | $1248413.68    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Element Solutions Inc                              | Element Solutions Inc                                     | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |     64452 | NS      | $1610655.48    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Wealthfront Corp                                   | Wealthfront Corp                                          | CUSIP: 947002101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42207 | NS      | $573593.13     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corp                                 | First Horizon Corp                                        | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |     27317 | NS      | $652876.30     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco AB                                     | Atlas Copco AB                                            | CUSIP: 000000000<br>LEI: 213800T8PC8Q4FYJZR07 | Long             | EC               | CORP              | SE        |    222104 | NS      | $3954023.85    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Brookfield Corp                                    | Brookfield Corp                                           | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |     42354 | NS      | $1944664.37    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                                    | Core & Main Inc                                           | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30839 | NS      | $1602702.83    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc                                     | BankUnited Inc                                            | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |     22104 | NS      | $985175.28     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group                     | Mitsubishi UFJ Financial Group Inc                        | CUSIP: 000000000<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |    326200 | NS      | $5177144.33    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.        | US 10YR NOTE (CBT)                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      2339 | NC      | $-1502222.75   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                     | EUR/SEK FORWARD                                           | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $421369.14     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PGIM Institutional Money Market Fund - D           | PGIM Institutional Money Market Fund - D                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  23519699 | NS      | $23505587.30   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ALTICE FINANCING SA                                | Altice Financing SA                                       | CUSIP: 000000000<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | LON              | CORP              | LU        |    107319 | PA      | $79071.50      | 0.00%             | 2027-10-29      | Floating      | 8.70%                 | No            |                  2 | On Loan: No      |
| Paylocity Holding Corp                             | Paylocity Holding Corp                                    | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |      9751 | NS      | $1487027.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CCC Intelligent Solutions Hold                     | CCC Intelligent Solutions Holdings Inc                    | CUSIP: 12510Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98160 | NS      | $780372.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Shell PLC                                          | Shell PLC                                                 | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    202587 | NS      | $7465786.92    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| DT Midstream Inc                                   | DT Midstream Inc                                          | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9406 | NS      | $1125710.08    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lonza Group AG                                     | Lonza Group AG                                            | CUSIP: 000000000<br>LEI: 549300EFW4H2TCZ71055 | Long             | EC               | CORP              | CH        |      5734 | NS      | $3865977.02    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| First Advantage Corp                               | First Advantage Corp                                      | CUSIP: 31846B108<br>LEI: 549300RNJ0PXU8FP7D06 | Long             | EC               | CORP              | US        |     67145 | NS      | $975616.85     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Infineon Technologies AG                           | Infineon Technologies AG                                  | CUSIP: 000000000<br>LEI: TSI2PJM6EPETEQ4X1U25 | Long             | EC               | CORP              | DE        |     73753 | NS      | $3217914.32    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                           | USD/CHF FORWARD                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-211074.90    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                           | GBP/USD FORWARD                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $237087.09     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT                  | EURO STOXX 50                                             | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               | CORP              | DE        |       229 | NC      | $97946.52      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                                 | LONG GILT                                                 | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              | CORP              | GB        |      1400 | NC      | $913748.34     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                   | S&P500 EMINI                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |      1112 | NC      | $-4154823.30   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                   | XAB MATERIALS                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |      -441 | NC      | $-298565.82    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.        | DJ US REAL ESTATE                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DE               | CORP              | US        |      -827 | NC      | $72527.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                   | XAK TECHNOLOGY                                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |       213 | NC      | $30454.74      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| OSAKA EXCHANGE,INC                                 | JAPAN 10Y BOND(OSE)                                       | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DIR              | CORP              | JP        |      -229 | NC      | $1530605.53    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S., INC.                             | MSCI EAFE                                                 | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               | CORP              | US        |      1279 | NC      | $755287.87     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                   | XAP CONS STAPLES                                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |      -524 | NC      | $701101.52     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc                          | Kinsale Capital Group Inc                                 | CUSIP: 49714P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3152 | NS      | $1232810.24    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Chemed Corp                                        | Chemed Corp                                               | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |      3247 | NS      | $1389261.42    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| 3i Group PLC                                       | 3i Group PLC                                              | CUSIP: 000000000<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |     81939 | NS      | $3592929.92    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| BJ's Wholesale Club Holdings I                     | BJ's Wholesale Club Holdings Inc                          | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      5630 | NS      | $506868.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MORAN FOODS LLC                                    | MORAN FOODS LLC                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    455762 | PA      | $113256.86     | 0.00%             | 2026-12-31      | Floating      | 9.26%                 | No            |                  3 | On Loan: No      |
| First Interstate BancSystem In                     | First Interstate BancSystem Inc                           | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |     28978 | NS      | $1002638.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Primo Brands Corp                                  | Primo Brands Corp                                         | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |     64646 | NS      | $1056962.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Lincoln Electric Holdings Inc                      | Lincoln Electric Holdings Inc                             | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      4058 | NS      | $972459.12     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kao Corp                                           | Kao Corp                                                  | CUSIP: 000000000<br>LEI: 353800HM38HFCB8RGL63 | Long             | EC               | CORP              | JP        |     64600 | NS      | $2578286.56    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.        | US 5YR NOTE (CBT)                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       904 | NC      | $-297949.36    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield Ltd                            | Cushman & Wakefield Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     88035 | NS      | $1425286.65    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Ultra-Short Income ETF                    | JPMorgan Ultra-Short Income ETF                           | CUSIP: 46641Q837<br>LEI: 549300VN24B8TQAGGX74 | Long             | EC               | RF                | US        |   5743826 | NS      | $290580157.34  | 7.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc                                 | Planet Fitness Inc                                        | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |     14186 | NS      | $1538755.42    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc                             | Digi International Inc                                    | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     10634 | NS      | $460345.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                               | Taiwan Semiconductor Manufacturing Co Ltd                 | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     21488 | NS      | $6529988.32    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| WSP Global Inc                                     | WSP Global Inc                                            | CUSIP: 92938W202<br>LEI: 549300IQ87LU6X6ERQ78 | Long             | EC               | CORP              | CA        |     13265 | NS      | $2401819.82    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Neptune Insurance Holdings Inc                     | Neptune Insurance Holdings Inc                            | CUSIP: 64073B103<br>LEI: 529900I3QTHC0Q1C2D65 | Long             | EC               | CORP              | US        |     20103 | NS      | $586203.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                             | CHESAPEAKE ENERGY CORP                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $0.07          | 0.00%             | 2026-09-15      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| KBC Group NV                                       | KBC Group NV                                              | CUSIP: 000000000<br>LEI: 213800X3Q9LSAKRUWY91 | Long             | EC               | CORP              | BE        |     33993 | NS      | $4427113.23    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| AST J.P. Morgan Fixed Income Central Portfolio     | AST J.P. Morgan Fixed Income Central Portfolio            | CUSIP: 000000000<br>LEI: 549300GMPRFOKDNCEZ38 | Long             | EC               | CORP              | US        | 193175414 | NS      | $2250493570.56 | 57.14%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                   | XAU UTILITIES                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |       347 | NC      | $-63160.94     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                                   | SPS Commerce Inc                                          | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |      7430 | NS      | $662235.90     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                          | Alibaba Group Holding Ltd                                 | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | HK        |    270800 | NS      | $4972148.58    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryman Hospitality Properties I                     | Ryman Hospitality Properties Inc                          | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |     15769 | NS      | $1492062.78    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                                    | Sony Group Corp                                           | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |    222015 | NS      | $5694904.22    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| FGI OPERATING CO LLC                               | FGI Operating Co LLC                                      | CUSIP: 30252KAF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     91844 | PA      | $918.44        | 0.00%             | 2022-05-15      | Floating      | 12.00%                | No            |                  3 | On Loan: No      |
| Eagle Materials Inc                                | Eagle Materials Inc                                       | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      6473 | NS      | $1337839.64    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares Inc                         | ServisFirst Bancshares Inc                                | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13291 | NS      | $954160.89     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Hayward Holdings Inc                               | Hayward Holdings Inc                                      | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    130156 | NS      | $2010910.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NMC Health PLC                                     | NMC Health PLC                                            | CUSIP: 000000000<br>LEI: 2138008YQEVWBE1V2M52 | Long             | EC               | CORP              | AE        |       411 | NS      | $0.06          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CubeSmart                                          | CubeSmart                                                 | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15038 | NS      | $542119.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.        | ULTRA U.S. TREASURY BOND                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -425 | NC      | $782841.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                             | CHESAPEAKE ENERGY CORP                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    315000 | PA      | $0.32          | 0.00%             | 2026-02-09      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| PGIM Core Ultra Short Bond Fund                    | PGIM Core Ultra Short Bond Fund                           | CUSIP: 000000000<br>LEI: 1VRLPVAWKZCB406TIT84 | Long             | STIV             | RF                | US        | 155816256 | NS      | $155816256.15  | 3.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                          | Safran SA                                                 | CUSIP: 000000000<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |     17195 | NS      | $5989312.07    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Active Value ETF                          | JPMorgan Active Value ETF                                 | CUSIP: 46641Q167<br>LEI: 549300WXH93S1D430S16 | Long             | EC               | RF                | US        |   3051786 | NS      | $218874091.92  | 5.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co                            | Modine Manufacturing Co                                   | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     10518 | NS      | $1404258.18    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Fabrinet                                           | Fabrinet                                                  | CUSIP: 000000000<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | TH        |      2865 | NS      | $1304377.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Rio Tinto PLC                                      | Rio Tinto PLC                                             | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     49274 | NS      | $3969072.15    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| First Hawaiian Inc                                 | First Hawaiian Inc                                        | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |     33863 | NS      | $856733.90     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                                | Deutsche Telekom AG                                       | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |     86414 | NS      | $2812866.98    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Aerospace Co Ltd                            | Hanwha Aerospace Co Ltd                                   | CUSIP: 000000000<br>LEI: 9884001NSUA8FQKQWR25 | Long             | EC               | CORP              | KR        |      3572 | NS      | $2332693.25    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ICE FUTURES U.S., INC.                             | MSCI EMGMKT                                               | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               | CORP              | US        |      -564 | NC      | $-378709.08    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                                         | Cactus Inc                                                | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |     30662 | NS      | $1400640.16    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Fudosan Co Ltd                              | Mitsui Fudosan Co Ltd                                     | CUSIP: 000000000<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |    210300 | NS      | $2389906.64    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Middleby Corp/The                                  | Middleby Corp/The                                         | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |      3668 | NS      | $545321.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MORAN FOODS LLC                                    | MORAN FOODS LLC                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    302061 | PA      | $0.30          | 0.00%             | 2026-12-31      | Floating      | 9.26%                 | No            |                  3 | On Loan: No      |
| Miami International Holdings I                     | Miami International Holdings Inc                          | CUSIP: 59356Q108<br>LEI: 254900TREUDBWGLAP788 | Long             | EC               | CORP              | US        |     16619 | NS      | $737551.22     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| HIGH RIDGE ESCROW BOND                             | HIGH RIDGE ESCROW BOND                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22000 | PA      | $0.02          | 0.00%             | 2026-03-15      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| GCI LIBERTY INC                                    | GCI LIBERTY INC ESCROW SHARE                              | CUSIP: 361ESC049<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       599 | NS      | $0.06          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Kia Corp                                           | Kia Corp                                                  | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |     35385 | NS      | $2999710.66    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Balchem Corp                                       | Balchem Corp                                              | CUSIP: 057665200<br>LEI: 549300VR70OPMHUI3557 | Long             | EC               | CORP              | US        |      8524 | NS      | $1307240.64    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations Inc                     | Fortune Brands Innovations Inc                            | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |     11931 | NS      | $596788.62     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                                 | FTSE 100 IDX                                              | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DE               | CORP              | GB        |       251 | NC      | $719129.98     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co                                        | Moelis & Co                                               | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     11364 | NS      | $781161.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Monarch Casino & Resort Inc                        | Monarch Casino & Resort Inc                               | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |      8472 | NS      | $810770.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                                     | Five Below Inc                                            | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |      3616 | NS      | $681109.76     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                         | Siemens AG                                                | CUSIP: 000000000<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |     20238 | NS      | $5668190.10    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Driven Brands Holdings Inc                         | Driven Brands Holdings Inc                                | CUSIP: 26210V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61899 | NS      | $917343.18     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc                                       | Woodward Inc                                              | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |      1740 | NS      | $526036.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPAND ENERGY CORP                                 | Expand Energy Corp                                        | CUSIP: 000000000<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |        36 | NS      | $3574.44       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Colliers International Group I                     | Colliers International Group Inc                          | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |      9859 | NS      | $1449371.59    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet Inc                                       | Freshpet Inc                                              | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |     13278 | NS      | $809028.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SAL TopCo LLC Equity Units                         | SAL TopCo LLC Equity Units                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1709579 | NS      | $170.96        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                   | S&P EMINI COM SER                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |       194 | NC      | $339108.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                                       | SM Energy Co                                              | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     50133 | NS      | $937487.10     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corp                            | Wintrust Financial Corp                                   | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     11209 | NS      | $1567242.38    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp                                        | Gentex Corp                                               | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |     29024 | NS      | $675388.48     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Group PLC                                  | Compass Group PLC                                         | CUSIP: 000000000<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |    103889 | NS      | $3291728.32    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd                                      | AIA Group Ltd                                             | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    266800 | NS      | $2746197.39    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Electric Industries L                     | Sumitomo Electric Industries Ltd                          | CUSIP: 000000000<br>LEI: 5493005SP87FL5TOS202 | Long             | EC               | CORP              | JP        |     65500 | NS      | $2638162.38    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Quaker Chemical Corp                               | Quaker Chemical Corp                                      | CUSIP: 747316107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7645 | NS      | $1049734.95    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Acushnet Holdings Corp                             | Acushnet Holdings Corp                                    | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Long             | EC               | CORP              | US        |      9744 | NS      | $777766.08     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentra Group Holdings Paren                     | Concentra Group Holdings Parent Inc                       | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55200 | NS      | $1086336.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Engie SA                                           | Engie SA                                                  | CUSIP: 000000000<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | EC               | CORP              | FR        |    202754 | NS      | $5326216.07    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** Advanced Series Trust

**Signature:** Christian J. Kelly

**Name of Signer:** Christian J. Kelly

**Title:** Chief Financial Officer