# EDGAR Filing Document

**Accession Number:** 0001087961
**File Stem:** 0001410368-25-010621
**Filing Date:** 2025-9
**Character Count:** 106909
**Document Hash:** 29607a328df65086efd1549e529ba841
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-010621.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0001410368-25-010621

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING MASTER TRUST
- **CENTRAL INDEX KEY:** 0001087961

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09689
- **FILM NUMBER:** 251340542

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4255

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO MASTER TRUST
- **DATE OF NAME CHANGE:** 20021209

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO CORE TRUST
- **DATE OF NAME CHANGE:** 19990604

## Series and Classes Contracts Data

### Allspring Disciplined Large Cap Portfolio (Series ID: S000061896)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000200587 | Disciplined Large Cap Portfolio |  |

## Nport-Ex

Portfolio of investments—July 31, 2025 (unaudited)

Portfolio of investments

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

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **Common stocks: 97.56%** |  |  |
| **Communication services: 9.75%** |  |  |
| **Diversified telecommunication services: 0.63%** |  |  |
| &nbsp;&nbsp;&nbsp; AT&T, Inc. | 65031 | &nbsp;&nbsp; $1782500 |
| &nbsp;&nbsp;&nbsp; Verizon Communications, Inc. | 5669 | &nbsp;&nbsp; 242406 |
|  |  | &nbsp;&nbsp; **2024906** |
| **Entertainment: 1.94%** |  |  |
| &nbsp;&nbsp;&nbsp; Netflix, Inc.† | 3403 | &nbsp;&nbsp; 3945438 |
| &nbsp;&nbsp;&nbsp; Roblox Corp. Class A† | 4980 | &nbsp;&nbsp; 686194 |
| &nbsp;&nbsp;&nbsp; Spotify Technology SA† | 2010 | &nbsp;&nbsp; 1259346 |
| &nbsp;&nbsp;&nbsp; Walt Disney Co. | 2906 | &nbsp;&nbsp; 346134 |
|  |  | &nbsp;&nbsp; **6237112** |
| **Interactive media & services: 7.01%** |  |  |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class A | 27874 | &nbsp;&nbsp; 5349020 |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc. Class C | 32158 | &nbsp;&nbsp; 6201992 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc. Class A | 13264 | &nbsp;&nbsp; 10258908 |
| &nbsp;&nbsp;&nbsp; Pinterest, Inc. Class A† | 10796 | &nbsp;&nbsp; 416726 |
| &nbsp;&nbsp;&nbsp; Reddit, Inc. Class A† | 2112 | &nbsp;&nbsp; 339166 |
|  |  | &nbsp;&nbsp; **22565812** |
| **Media: 0.17%** |  |  |
| &nbsp;&nbsp;&nbsp; Comcast Corp. Class A | 16848 | &nbsp;&nbsp; **559859** |
| **Consumer discretionary: 9.87%** |  |  |
| **Automobiles: 1.53%** |  |  |
| &nbsp;&nbsp;&nbsp; General Motors Co. | 10851 | &nbsp;&nbsp; 578793 |
| &nbsp;&nbsp;&nbsp; Tesla, Inc.† | 14097 | &nbsp;&nbsp; 4345682 |
|  |  | &nbsp;&nbsp; **4924475** |
| **Broadline retail: 3.97%** |  |  |
| &nbsp;&nbsp;&nbsp; Amazon.com, Inc.† | 51838 | &nbsp;&nbsp; 12135794 |
| &nbsp;&nbsp;&nbsp; eBay, Inc. | 7171 | &nbsp;&nbsp; 657939 |
|  |  | &nbsp;&nbsp; **12793733** |
| **Diversified consumer services: 0.31%** |  |  |
| &nbsp;&nbsp;&nbsp; ADT, Inc. | 36548 | &nbsp;&nbsp; 305176 |
| &nbsp;&nbsp;&nbsp; Duolingo, Inc.† | 1238 | &nbsp;&nbsp; 429029 |
| &nbsp;&nbsp;&nbsp; Grand Canyon Education, Inc.† | 1498 | &nbsp;&nbsp; 252607 |
|  |  | &nbsp;&nbsp; **986812** |
| **Hotels, restaurants & leisure: 1.02%** |  |  |
| &nbsp;&nbsp;&nbsp; Booking Holdings, Inc. | 274 | &nbsp;&nbsp; 1508112 |
| &nbsp;&nbsp;&nbsp; Expedia Group, Inc. | 3506 | &nbsp;&nbsp; 631851 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp. | 2681 | &nbsp;&nbsp; 804488 |
| &nbsp;&nbsp;&nbsp; Viking Holdings Ltd.† | 5593 | &nbsp;&nbsp; 328421 |
|  |  | &nbsp;&nbsp; **3272872** |

---

See accompanying notes to portfolio of investments

Allspring Disciplined Large Cap Portfolio \| 1

------

Portfolio of investments—July 31, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **Household durables: 0.44%** |  |  |
| &nbsp;&nbsp;&nbsp; Garmin Ltd. | 1131 | &nbsp;&nbsp; $247418 |
| &nbsp;&nbsp;&nbsp; PulteGroup, Inc. | 7514 | &nbsp;&nbsp; 848481 |
| &nbsp;&nbsp;&nbsp; SharkNinja, Inc.† | 2932 | &nbsp;&nbsp; 340405 |
|  |  | &nbsp;&nbsp; **1436304** |
| **Specialty retail: 1.90%** |  |  |
| &nbsp;&nbsp;&nbsp; Carvana Co. Class A† | 1862 | &nbsp;&nbsp; 726497 |
| &nbsp;&nbsp;&nbsp; Gap, Inc. | 24555 | &nbsp;&nbsp; 477840 |
| &nbsp;&nbsp;&nbsp; Home Depot, Inc. | 6672 | &nbsp;&nbsp; 2452027 |
| &nbsp;&nbsp;&nbsp; TJX Cos., Inc. | 13766 | &nbsp;&nbsp; 1714280 |
| &nbsp;&nbsp;&nbsp; Ulta Beauty, Inc.† | 1446 | &nbsp;&nbsp; 744704 |
|  |  | &nbsp;&nbsp; **6115348** |
| **Textiles, apparel & luxury goods: 0.70%** |  |  |
| &nbsp;&nbsp;&nbsp; Crocs, Inc.† | 4807 | &nbsp;&nbsp; 479402 |
| &nbsp;&nbsp;&nbsp; Deckers Outdoor Corp.† | 7620 | &nbsp;&nbsp; 809016 |
| &nbsp;&nbsp;&nbsp; Tapestry, Inc. | 9001 | &nbsp;&nbsp; 972378 |
|  |  | &nbsp;&nbsp; **2260796** |
| **Consumer staples: 4.80%** |  |  |
| **Beverages: 0.28%** |  |  |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co. | 2781 | &nbsp;&nbsp; 188802 |
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper, Inc. | 12565 | &nbsp;&nbsp; 410247 |
| &nbsp;&nbsp;&nbsp; Monster Beverage Corp.† | 5337 | &nbsp;&nbsp; 313549 |
|  |  | &nbsp;&nbsp; **912598** |
| **Consumer staples distribution & retail: 2.37%** |  |  |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp. | 3501 | &nbsp;&nbsp; 3289680 |
| &nbsp;&nbsp;&nbsp; Target Corp. | 11330 | &nbsp;&nbsp; 1138665 |
| &nbsp;&nbsp;&nbsp; Walmart, Inc. | 32664 | &nbsp;&nbsp; 3200419 |
|  |  | &nbsp;&nbsp; **7628764** |
| **Food products: 0.57%** |  |  |
| &nbsp;&nbsp;&nbsp; Ingredion, Inc. | 5125 | &nbsp;&nbsp; 674143 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride Corp. | 8144 | &nbsp;&nbsp; 385944 |
| &nbsp;&nbsp;&nbsp; Tyson Foods, Inc. Class A | 14675 | &nbsp;&nbsp; 767502 |
|  |  | &nbsp;&nbsp; **1827589** |
| **Household products: 0.38%** |  |  |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co. | 6912 | &nbsp;&nbsp; 579571 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co. | 4412 | &nbsp;&nbsp; 663874 |
|  |  | &nbsp;&nbsp; **1243445** |
| **Tobacco: 1.20%** |  |  |
| &nbsp;&nbsp;&nbsp; Altria Group, Inc. | 33788 | &nbsp;&nbsp; 2092829 |
| &nbsp;&nbsp;&nbsp; Philip Morris International, Inc. | 10750 | &nbsp;&nbsp; 1763537 |
|  |  | &nbsp;&nbsp; **3856366** |

---

See accompanying notes to portfolio of investments

2 \| Allspring Disciplined Large Cap Portfolio

------

Portfolio of investments—July 31, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **Energy: 2.62%** |  |  |
| **Oil, gas & consumable fuels: 2.62%** |  |  |
| &nbsp;&nbsp;&nbsp; Cheniere Energy, Inc. | 5755 | &nbsp;&nbsp; $1357490 |
| &nbsp;&nbsp;&nbsp; Chevron Corp. | 5610 | &nbsp;&nbsp; 850700 |
| &nbsp;&nbsp;&nbsp; EOG Resources, Inc. | 9038 | &nbsp;&nbsp; 1084741 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp. | 20752 | &nbsp;&nbsp; 2316753 |
| &nbsp;&nbsp;&nbsp; HF Sinclair Corp. | 4001 | &nbsp;&nbsp; 175804 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp. | 6612 | &nbsp;&nbsp; 1125296 |
| &nbsp;&nbsp;&nbsp; Phillips 66 | 8211 | &nbsp;&nbsp; 1014715 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp. | 3780 | &nbsp;&nbsp; 519032 |
|  |  | &nbsp;&nbsp; **8444531** |
| **Financials: 14.12%** |  |  |
| **Banks: 3.42%** |  |  |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. | 26526 | &nbsp;&nbsp; 1253884 |
| &nbsp;&nbsp;&nbsp; Bank OZK | 6368 | &nbsp;&nbsp; 313943 |
| &nbsp;&nbsp;&nbsp; Citigroup, Inc. | 22751 | &nbsp;&nbsp; 2131769 |
| &nbsp;&nbsp;&nbsp; East West Bancorp, Inc. | 4985 | &nbsp;&nbsp; 499746 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. | 15688 | &nbsp;&nbsp; 4647413 |
| &nbsp;&nbsp;&nbsp; Popular, Inc. | 2816 | &nbsp;&nbsp; 322657 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. | 22991 | &nbsp;&nbsp; 1853764 |
|  |  | &nbsp;&nbsp; **11023176** |
| **Capital markets: 4.04%** |  |  |
| &nbsp;&nbsp;&nbsp; Ameriprise Financial, Inc. | 694 | &nbsp;&nbsp; 359624 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp. | 18493 | &nbsp;&nbsp; 1876115 |
| &nbsp;&nbsp;&nbsp; BlackRock, Inc. | 652 | &nbsp;&nbsp; 721119 |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp. | 21518 | &nbsp;&nbsp; 2102954 |
| &nbsp;&nbsp;&nbsp; CME Group, Inc. | 4991 | &nbsp;&nbsp; 1388895 |
| &nbsp;&nbsp;&nbsp; Coinbase Global, Inc. Class A† | 2709 | &nbsp;&nbsp; 1023352 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. | 3194 | &nbsp;&nbsp; 2311146 |
| &nbsp;&nbsp;&nbsp; Interactive Brokers Group, Inc. Class A | 28552 | &nbsp;&nbsp; 1871869 |
| &nbsp;&nbsp;&nbsp; Jefferies Financial Group, Inc. | 6368 | &nbsp;&nbsp; 367179 |
| &nbsp;&nbsp;&nbsp; Virtu Financial, Inc. Class A | 21999 | &nbsp;&nbsp; 971036 |
|  |  | &nbsp;&nbsp; **12993289** |
| **Consumer finance: 0.93%** |  |  |
| &nbsp;&nbsp;&nbsp; American Express Co. | 3333 | &nbsp;&nbsp; 997600 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp. | 5410 | &nbsp;&nbsp; 1163150 |
| &nbsp;&nbsp;&nbsp; Synchrony Financial | 12035 | &nbsp;&nbsp; 838479 |
|  |  | &nbsp;&nbsp; **2999229** |
| **Financial services: 3.69%** |  |  |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway, Inc. Class B† | 9713 | &nbsp;&nbsp; 4583370 |
| &nbsp;&nbsp;&nbsp; Equitable Holdings, Inc. | 5521 | &nbsp;&nbsp; 283503 |
| &nbsp;&nbsp;&nbsp; Euronet Worldwide, Inc.† | 6031 | &nbsp;&nbsp; 586093 |
| &nbsp;&nbsp;&nbsp; Mastercard, Inc. Class A | 3076 | &nbsp;&nbsp; 1742462 |
| &nbsp;&nbsp;&nbsp; PayPal Holdings, Inc.† | 7265 | &nbsp;&nbsp; 499541 |

---

See accompanying notes to portfolio of investments

Allspring Disciplined Large Cap Portfolio \| 3

------

Portfolio of investments—July 31, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **Financial services**(continued) |  |  |
| &nbsp;&nbsp;&nbsp; Toast, Inc. Class A† | 9206 | &nbsp;&nbsp; $449621 |
| &nbsp;&nbsp;&nbsp; Visa, Inc. Class A | 10842 | &nbsp;&nbsp; 3745586 |
|  |  | &nbsp;&nbsp; **11890176** |
| **Insurance: 2.04%** |  |  |
| &nbsp;&nbsp;&nbsp; Assurant, Inc. | 6160 | &nbsp;&nbsp; 1153768 |
| &nbsp;&nbsp;&nbsp; Axis Capital Holdings Ltd. | 3479 | &nbsp;&nbsp; 326469 |
| &nbsp;&nbsp;&nbsp; Fidelity National Financial, Inc. | 11877 | &nbsp;&nbsp; 670219 |
| &nbsp;&nbsp;&nbsp; Globe Life, Inc. | 2427 | &nbsp;&nbsp; 340921 |
| &nbsp;&nbsp;&nbsp; Hartford Insurance Group, Inc. | 5862 | &nbsp;&nbsp; 729174 |
| &nbsp;&nbsp;&nbsp; MetLife, Inc. | 4862 | &nbsp;&nbsp; 369269 |
| &nbsp;&nbsp;&nbsp; Progressive Corp. | 7947 | &nbsp;&nbsp; 1923492 |
| &nbsp;&nbsp;&nbsp; Reinsurance Group of America, Inc. | 5460 | &nbsp;&nbsp; 1050777 |
|  |  | &nbsp;&nbsp; **6564089** |
| **Health care: 9.07%** |  |  |
| **Biotechnology: 2.02%** |  |  |
| &nbsp;&nbsp;&nbsp; AbbVie, Inc. | 12627 | &nbsp;&nbsp; 2386756 |
| &nbsp;&nbsp;&nbsp; Amgen, Inc. | 920 | &nbsp;&nbsp; 271492 |
| &nbsp;&nbsp;&nbsp; Exelixis, Inc.† | 27530 | &nbsp;&nbsp; 997137 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences, Inc. | 16613 | &nbsp;&nbsp; 1865474 |
| &nbsp;&nbsp;&nbsp; Halozyme Therapeutics, Inc.† | 11051 | &nbsp;&nbsp; 662728 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals, Inc. | 601 | &nbsp;&nbsp; 327821 |
|  |  | &nbsp;&nbsp; **6511408** |
| **Health care equipment & supplies: 1.98%** |  |  |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories | 17435 | &nbsp;&nbsp; 2200122 |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp.† | 9940 | &nbsp;&nbsp; 1042905 |
| &nbsp;&nbsp;&nbsp; Globus Medical, Inc. Class A† | 4837 | &nbsp;&nbsp; 254571 |
| &nbsp;&nbsp;&nbsp; Hologic, Inc.† | 15601 | &nbsp;&nbsp; 1042459 |
| &nbsp;&nbsp;&nbsp; Inspire Medical Systems, Inc.† | 2079 | &nbsp;&nbsp; 258919 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical, Inc.† | 2625 | &nbsp;&nbsp; 1262861 |
| &nbsp;&nbsp;&nbsp; Stryker Corp. | 804 | &nbsp;&nbsp; 315755 |
|  |  | &nbsp;&nbsp; **6377592** |
| **Health care providers & services: 1.90%** |  |  |
| &nbsp;&nbsp;&nbsp; Cardinal Health, Inc. | 2263 | &nbsp;&nbsp; 351263 |
| &nbsp;&nbsp;&nbsp; Cencora, Inc. | 3476 | &nbsp;&nbsp; 994414 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp. | 13254 | &nbsp;&nbsp; 823073 |
| &nbsp;&nbsp;&nbsp; Elevance Health, Inc. | 631 | &nbsp;&nbsp; 178624 |
| &nbsp;&nbsp;&nbsp; McKesson Corp. | 1769 | &nbsp;&nbsp; 1226872 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp.† | 4654 | &nbsp;&nbsp; 750597 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group, Inc. | 3186 | &nbsp;&nbsp; 795098 |
| &nbsp;&nbsp;&nbsp; Universal Health Services, Inc. Class B | 6027 | &nbsp;&nbsp; 1003194 |
|  |  | &nbsp;&nbsp; **6123135** |

---

See accompanying notes to portfolio of investments

4 \| Allspring Disciplined Large Cap Portfolio

------

Portfolio of investments—July 31, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **Health care technology: 0.53%** |  |  |
| &nbsp;&nbsp;&nbsp; Doximity, Inc. Class A† | 8486 | &nbsp;&nbsp; $498552 |
| &nbsp;&nbsp;&nbsp; Veeva Systems, Inc. Class A† | 4234 | &nbsp;&nbsp; 1203303 |
|  |  | &nbsp;&nbsp; **1701855** |
| **Life sciences tools & services: 0.06%** |  |  |
| &nbsp;&nbsp;&nbsp; Medpace Holdings, Inc.† | 468 | &nbsp;&nbsp; **199930** |
| **Pharmaceuticals: 2.58%** |  |  |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co. | 12562 | &nbsp;&nbsp; 544060 |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co. | 4286 | &nbsp;&nbsp; 3171940 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson | 8500 | &nbsp;&nbsp; 1400290 |
| &nbsp;&nbsp;&nbsp; Merck & Co., Inc. | 12414 | &nbsp;&nbsp; 969782 |
| &nbsp;&nbsp;&nbsp; Organon & Co. | 13441 | &nbsp;&nbsp; 130378 |
| &nbsp;&nbsp;&nbsp; Pfizer, Inc. | 41760 | &nbsp;&nbsp; 972590 |
| &nbsp;&nbsp;&nbsp; Zoetis, Inc. | 7554 | &nbsp;&nbsp; 1101298 |
|  |  | &nbsp;&nbsp; **8290338** |
| **Industrials: 8.85%** |  |  |
| **Aerospace & defense: 1.42%** |  |  |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp. | 1851 | &nbsp;&nbsp; 576790 |
| &nbsp;&nbsp;&nbsp; General Electric Co. | 4023 | &nbsp;&nbsp; 1090555 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace, Inc. | 5707 | &nbsp;&nbsp; 1025947 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp. | 2378 | &nbsp;&nbsp; 1001090 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp. | 1537 | &nbsp;&nbsp; 886250 |
|  |  | &nbsp;&nbsp; **4580632** |
| **Building products: 0.61%** |  |  |
| &nbsp;&nbsp;&nbsp; Builders FirstSource, Inc.† | 2830 | &nbsp;&nbsp; 359778 |
| &nbsp;&nbsp;&nbsp; Johnson Controls International PLC | 12015 | &nbsp;&nbsp; 1261575 |
| &nbsp;&nbsp;&nbsp; Trane Technologies PLC | 765 | &nbsp;&nbsp; 335131 |
|  |  | &nbsp;&nbsp; **1956484** |
| **Commercial services & supplies: 0.37%** |  |  |
| &nbsp;&nbsp;&nbsp; Veralto Corp. | 8563 | &nbsp;&nbsp; 897659 |
| &nbsp;&nbsp;&nbsp; Waste Management, Inc. | 1304 | &nbsp;&nbsp; 298825 |
|  |  | &nbsp;&nbsp; **1196484** |
| **Construction & engineering: 1.43%** |  |  |
| &nbsp;&nbsp;&nbsp; EMCOR Group, Inc. | 2890 | &nbsp;&nbsp; 1813446 |
| &nbsp;&nbsp;&nbsp; MasTec, Inc.† | 6205 | &nbsp;&nbsp; 1174048 |
| &nbsp;&nbsp;&nbsp; Valmont Industries, Inc. | 4436 | &nbsp;&nbsp; 1614482 |
|  |  | &nbsp;&nbsp; **4601976** |
| **Electrical equipment: 1.33%** |  |  |
| &nbsp;&nbsp;&nbsp; Acuity, Inc. | 2756 | &nbsp;&nbsp; 858081 |
| &nbsp;&nbsp;&nbsp; Emerson Electric Co. | 5783 | &nbsp;&nbsp; 841484 |
| &nbsp;&nbsp;&nbsp; GE Vernova, Inc. | 1247 | &nbsp;&nbsp; 823382 |
| &nbsp;&nbsp;&nbsp; Regal Rexnord Corp. | 4124 | &nbsp;&nbsp; 630477 |

---

See accompanying notes to portfolio of investments

Allspring Disciplined Large Cap Portfolio \| 5

------

Portfolio of investments—July 31, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **Electrical equipment**(continued) |  |  |
| &nbsp;&nbsp;&nbsp; Sensata Technologies Holding PLC | 14421 | &nbsp;&nbsp; $443590 |
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co. Class A | 4753 | &nbsp;&nbsp; 692037 |
|  |  | &nbsp;&nbsp; **4289051** |
| **Ground transportation: 0.39%** |  |  |
| &nbsp;&nbsp;&nbsp; Uber Technologies, Inc.† | 14455 | &nbsp;&nbsp; **1268426** |
| **Industrial conglomerates: 0.36%** |  |  |
| &nbsp;&nbsp;&nbsp; Honeywell International, Inc. | 5176 | &nbsp;&nbsp; **1150884** |
| **Machinery: 0.93%** |  |  |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings, Inc. | 13321 | &nbsp;&nbsp; 1199823 |
| &nbsp;&nbsp;&nbsp; Caterpillar, Inc. | 1207 | &nbsp;&nbsp; 528690 |
| &nbsp;&nbsp;&nbsp; Parker-Hannifin Corp. | 1717 | &nbsp;&nbsp; 1256672 |
|  |  | &nbsp;&nbsp; **2985185** |
| **Passenger airlines: 0.44%** |  |  |
| &nbsp;&nbsp;&nbsp; United Airlines Holdings, Inc.† | 16273 | &nbsp;&nbsp; **1437069** |
| **Professional services: 1.57%** |  |  |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing, Inc. | 1117 | &nbsp;&nbsp; 345712 |
| &nbsp;&nbsp;&nbsp; CACI International, Inc. Class A† | 1543 | &nbsp;&nbsp; 710660 |
| &nbsp;&nbsp;&nbsp; Leidos Holdings, Inc. | 7911 | &nbsp;&nbsp; 1262991 |
| &nbsp;&nbsp;&nbsp; Paycom Software, Inc. | 3149 | &nbsp;&nbsp; 729119 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp. | 12226 | &nbsp;&nbsp; 1362954 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings, Inc. | 7409 | &nbsp;&nbsp; 633321 |
|  |  | &nbsp;&nbsp; **5044757** |
| **Information technology: 31.32%** |  |  |
| **Communications equipment: 1.44%** |  |  |
| &nbsp;&nbsp;&nbsp; Arista Networks, Inc.† | 16304 | &nbsp;&nbsp; 2008979 |
| &nbsp;&nbsp;&nbsp; Cisco Systems, Inc. | 32822 | &nbsp;&nbsp; 2234522 |
| &nbsp;&nbsp;&nbsp; F5, Inc.† | 1256 | &nbsp;&nbsp; 393655 |
|  |  | &nbsp;&nbsp; **4637156** |
| **Electronic equipment, instruments & components: 0.33%** |  |  |
| &nbsp;&nbsp;&nbsp; Ingram Micro Holding Corp. | 14403 | &nbsp;&nbsp; 284027 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp. | 5438 | &nbsp;&nbsp; 785193 |
|  |  | &nbsp;&nbsp; **1069220** |
| **IT services: 1.33%** |  |  |
| &nbsp;&nbsp;&nbsp; Accenture PLC Class A | 4632 | &nbsp;&nbsp; 1237207 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp. | 2683 | &nbsp;&nbsp; 679201 |
| &nbsp;&nbsp;&nbsp; Okta, Inc.† | 4981 | &nbsp;&nbsp; 487142 |
| &nbsp;&nbsp;&nbsp; Twilio, Inc. Class A† | 3799 | &nbsp;&nbsp; 490071 |
| &nbsp;&nbsp;&nbsp; VeriSign, Inc.† | 5095 | &nbsp;&nbsp; 1369893 |
|  |  | &nbsp;&nbsp; **4263514** |
| **Semiconductors & semiconductor equipment: 12.07%** |  |  |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices, Inc.† | 4289 | &nbsp;&nbsp; 756194 |

---

See accompanying notes to portfolio of investments

6 \| Allspring Disciplined Large Cap Portfolio

------

Portfolio of investments—July 31, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **Semiconductors & semiconductor equipment**(continued) |  |  |
| &nbsp;&nbsp;&nbsp; Applied Materials, Inc. | 5442 | &nbsp;&nbsp; $979886 |
| &nbsp;&nbsp;&nbsp; Broadcom, Inc. | 28835 | &nbsp;&nbsp; 8468839 |
| &nbsp;&nbsp;&nbsp; Cirrus Logic, Inc.† | 3280 | &nbsp;&nbsp; 330329 |
| &nbsp;&nbsp;&nbsp; KLA Corp. | 2399 | &nbsp;&nbsp; 2108793 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp. | 3263 | &nbsp;&nbsp; 309463 |
| &nbsp;&nbsp;&nbsp; Marvell Technology, Inc. | 11169 | &nbsp;&nbsp; 897653 |
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. | 4248 | &nbsp;&nbsp; 463627 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | 127622 | &nbsp;&nbsp; 22700125 |
| &nbsp;&nbsp;&nbsp; QUALCOMM, Inc. | 12587 | &nbsp;&nbsp; 1847268 |
|  |  | &nbsp;&nbsp; **38862177** |
| **Software: 11.12%** |  |  |
| &nbsp;&nbsp;&nbsp; Adobe, Inc.† | 2929 | &nbsp;&nbsp; 1047674 |
| &nbsp;&nbsp;&nbsp; AppLovin Corp. Class A† | 2450 | &nbsp;&nbsp; 957215 |
| &nbsp;&nbsp;&nbsp; Atlassian Corp. Class A† | 4338 | &nbsp;&nbsp; 831942 |
| &nbsp;&nbsp;&nbsp; BILL Holdings, Inc.† | 5992 | &nbsp;&nbsp; 256757 |
| &nbsp;&nbsp;&nbsp; Docusign, Inc. Class A† | 3990 | &nbsp;&nbsp; 301804 |
| &nbsp;&nbsp;&nbsp; Fortinet, Inc.† | 14289 | &nbsp;&nbsp; 1427471 |
| &nbsp;&nbsp;&nbsp; Manhattan Associates, Inc.† | 1164 | &nbsp;&nbsp; 255684 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp. | 40285 | &nbsp;&nbsp; 21492048 |
| &nbsp;&nbsp;&nbsp; Nutanix, Inc. Class A† | 9388 | &nbsp;&nbsp; 705696 |
| &nbsp;&nbsp;&nbsp; Oracle Corp. | 5460 | &nbsp;&nbsp; 1385584 |
| &nbsp;&nbsp;&nbsp; Palantir Technologies, Inc. Class A† | 10958 | &nbsp;&nbsp; 1735199 |
| &nbsp;&nbsp;&nbsp; Salesforce, Inc. | 8506 | &nbsp;&nbsp; 2197355 |
| &nbsp;&nbsp;&nbsp; ServiceNow, Inc.† | 2277 | &nbsp;&nbsp; 2147484 |
| &nbsp;&nbsp;&nbsp; Zoom Communications, Inc. Class A† | 14455 | &nbsp;&nbsp; 1070393 |
|  |  | &nbsp;&nbsp; **35812306** |
| **Technology hardware, storage & peripherals: 5.03%** |  |  |
| &nbsp;&nbsp;&nbsp; Apple, Inc. | 78056 | &nbsp;&nbsp; **16202084** |
| **Materials: 2.39%** |  |  |
| **Chemicals: 1.07%** |  |  |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems Ltd.† | 8111 | &nbsp;&nbsp; 229704 |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings, Inc. | 16528 | &nbsp;&nbsp; 1534294 |
| &nbsp;&nbsp;&nbsp; Element Solutions, Inc. | 16384 | &nbsp;&nbsp; 386662 |
| &nbsp;&nbsp;&nbsp; Linde PLC | 2806 | &nbsp;&nbsp; 1291490 |
|  |  | &nbsp;&nbsp; **3442150** |
| **Construction materials: 0.20%** |  |  |
| &nbsp;&nbsp;&nbsp; CRH PLC | 6663 | &nbsp;&nbsp; **635984** |
| **Containers & packaging: 0.47%** |  |  |
| &nbsp;&nbsp;&nbsp; Crown Holdings, Inc. | 12832 | &nbsp;&nbsp; 1274987 |
| &nbsp;&nbsp;&nbsp; Sealed Air Corp. | 8166 | &nbsp;&nbsp; 239019 |
|  |  | &nbsp;&nbsp; **1514006** |

---

See accompanying notes to portfolio of investments

Allspring Disciplined Large Cap Portfolio \| 7

------

Portfolio of investments—July 31, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **Metals & mining: 0.65%** |  |  |
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan, Inc. | 28275 | &nbsp;&nbsp; $1137786 |
| &nbsp;&nbsp;&nbsp; Royal Gold, Inc. | 6403 | &nbsp;&nbsp; 969542 |
|  |  | &nbsp;&nbsp; **2107328** |
| **Real estate: 2.45%** |  |  |
| **Health care REITs: 0.21%** |  |  |
| &nbsp;&nbsp;&nbsp; Omega Healthcare Investors, Inc. | 17368 | &nbsp;&nbsp; **675615** |
| **Hotel & resort REITs: 0.28%** |  |  |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts, Inc. | 56729 | &nbsp;&nbsp; **891780** |
| **Industrial REITs: 0.26%** |  |  |
| &nbsp;&nbsp;&nbsp; Prologis, Inc. | 7800 | &nbsp;&nbsp; **832884** |
| **Retail REITs: 0.47%** |  |  |
| &nbsp;&nbsp;&nbsp; Simon Property Group, Inc. | 9237 | &nbsp;&nbsp; **1512928** |
| **Specialized REITs: 1.23%** |  |  |
| &nbsp;&nbsp;&nbsp; American Tower Corp. | 1372 | &nbsp;&nbsp; 285911 |
| &nbsp;&nbsp;&nbsp; Gaming & Leisure Properties, Inc. | 21991 | &nbsp;&nbsp; 1002350 |
| &nbsp;&nbsp;&nbsp; Public Storage | 5079 | &nbsp;&nbsp; 1381183 |
| &nbsp;&nbsp;&nbsp; VICI Properties, Inc. Class A | 39702 | &nbsp;&nbsp; 1294285 |
|  |  | &nbsp;&nbsp; **3963729** |
| **Utilities: 2.32%** |  |  |
| **Electric utilities: 1.49%** |  |  |
| &nbsp;&nbsp;&nbsp; American Electric Power Co., Inc. | 13501 | &nbsp;&nbsp; 1527503 |
| &nbsp;&nbsp;&nbsp; Duke Energy Corp. | 13626 | &nbsp;&nbsp; 1657467 |
| &nbsp;&nbsp;&nbsp; Evergy, Inc. | 4740 | &nbsp;&nbsp; 335592 |
| &nbsp;&nbsp;&nbsp; NextEra Energy, Inc. | 13464 | &nbsp;&nbsp; 956752 |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc. | 2038 | &nbsp;&nbsp; 340753 |
|  |  | &nbsp;&nbsp; **4818067** |
| **Gas utilities: 0.58%** |  |  |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co. | 16792 | &nbsp;&nbsp; 1457377 |
| &nbsp;&nbsp;&nbsp; UGI Corp. | 11365 | &nbsp;&nbsp; 411186 |
|  |  | &nbsp;&nbsp; **1868563** |
| **Independent power and renewable electricity producers: 0.25%** |  |  |
| &nbsp;&nbsp;&nbsp; Vistra Corp. | 3831 | &nbsp;&nbsp; **798917** |
| **Total common stocks (Cost $161,723,772)** |  | &nbsp;&nbsp; **314184895** |

---

See accompanying notes to portfolio of investments

8 \| Allspring Disciplined Large Cap Portfolio

------

Portfolio of investments—July 31, 2025 (unaudited)

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | Yield | Shares | Value |
| **Short-term investments: 1.94%** |  |  |  |  |
| **Investment companies: 1.94%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select Class♠∞ |  | 4.24<br> %<br>| 6226111 | &nbsp;&nbsp; **$6226111** |
| **Total short-term investments (Cost $6,226,111)** |  |  |  | &nbsp;&nbsp; **6226111** |
| **Total investments in securities (Cost $167,949,883)** | 99.50<br> %<br>|  |  | &nbsp;&nbsp; 320411006 |
| &nbsp;&nbsp;&nbsp; Other assets and liabilities, net | 0.50 |  |  | &nbsp;&nbsp; 1624275 |
| **Total net assets** | **100.00%**<br>|  |  | &nbsp;&nbsp; **$322035281** |

---

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

† Non-income-earning security <br> ♠ The issuer of the security is an affiliated person of the Portfolio as defined in the Investment Company Act of 1940. <br> ∞ The rate represents the 7-day annualized yield at period end.

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

Abbreviations: <br> REIT Real estate investment trust

**Investments in affiliates**

An affiliated investment is an investment in which the Portfolio owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Portfolio and the issuer having the same adviser or investment manager. Transactions with issuers that were affiliates of the Portfolio at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value, <br>beginning of <br>period<br>| Purchases | Sales <br>proceeds<br>| Net <br>realized <br>gains <br>(losses)<br>| Net <br>change in <br>unrealized <br>gains <br>(losses)<br>| Value, <br>end of <br>period<br>| Shares, <br>end <br>of period<br>| Income <br>from <br>affiliated <br>securities<br>|
| **Short-term investments** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select <br> Class<br>| $6658211 | $16497883 | $(16929983)<br>| $0 | $0 | $6226111 | 6226111 | $60024 |

---

**Futures contracts** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Description | &nbsp;&nbsp; Number of <br>contracts<br>| &nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp; Notional <br>cost<br>| &nbsp;&nbsp; Notional <br>value<br>| &nbsp;&nbsp; Unrealized <br>gains<br>| &nbsp;&nbsp; Unrealized <br>losses<br>|
| **Long** |  |  |  |  |  |  |
| &nbsp;&nbsp; E-Mini S&P 500 Index | &nbsp;&nbsp; 21 | &nbsp;&nbsp; 9-19-2025 | &nbsp;&nbsp; $6333971 | &nbsp;&nbsp; $6692963 | &nbsp;&nbsp; $358992 | &nbsp;&nbsp; $0 |

---

See accompanying notes to portfolio of investments

Allspring Disciplined Large Cap Portfolio \| 9

------

Notes to portfolio of investments—July 31, 2025 (unaudited)

Notes to portfolio of investments

Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Portfolio may deviate from this calculation time under unusual or unexpected circumstances.

Equity securities, exchange-traded funds and futures contracts that are listed on a foreign or domestic exchange or market are valued at the official closing price or, if none, the last sales price.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, LLC ("Allspring Funds Management"), which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

Futures contracts

Futures contracts are agreements between the Portfolio and a counterparty to buy or sell a specific amount of a commodity, financial instrument or currency at a specified price and on a specified date. The Portfolio may buy and sell futures contracts in order to gain exposure to, or protect against, changes in security values and is subject to equity price risk. The primary risks associated with the use of futures contracts are the imperfect correlation between changes in market values of securities held by the Portfolio and the prices of futures contracts, and the possibility of an illiquid market. Futures contracts are generally entered into on a regulated futures exchange and cleared through a clearinghouse associated with the exchange. With futures contracts, there is minimal counterparty risk to the Portfolio since futures contracts are exchange-traded and the exchange's clearinghouse, as the counterparty to all exchange-traded futures, guarantees the futures contracts against default.

Upon entering into a futures contract, the Portfolio is required to deposit either cash or securities (initial margin) with the broker in an amount equal to a certain percentage of the contract value. Subsequent payments (variation margin) are paid to or received from the broker each day equal to the daily changes in the contract value. Such payments are recorded as unrealized gains or losses and, if any, shown as variation margin receivable (payable). Should the Portfolio fail to make requested variation margin payments, the broker can gain access to the initial margin to satisfy the Portfolio's payment obligations. When the contracts are closed, a realized gain or loss is recorded.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Portfolio's investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Portfolio's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments in securities are not necessarily an indication of the risk associated with investing in those securities.

10 \| Allspring Disciplined Large Cap Portfolio

------

Notes to portfolio of investments—July 31, 2025 (unaudited)

The following is a summary of the inputs used in valuing the Portfolio's assets and liabilities as of July 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; Quoted prices <br>(Level 1)<br>| &nbsp;&nbsp;&nbsp; Other significant <br>observable inputs <br>(Level 2)<br>| &nbsp;&nbsp;&nbsp; Significant <br>unobservable inputs <br>(Level 3)<br>| Total |
| **Assets** |  |  |  |  |
| **Investments in:** |  |  |  |  |
| **Common stocks** |  |  |  |  |
| *Communication services* | &nbsp;&nbsp; $31387689 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $31387689 |
| *Consumer discretionary* | &nbsp;&nbsp; 31790340 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 31790340 |
| *Consumer staples* | &nbsp;&nbsp; 15468762 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 15468762 |
| *Energy* | &nbsp;&nbsp; 8444531 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 8444531 |
| *Financials* | &nbsp;&nbsp; 45469959 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 45469959 |
| *Health care* | &nbsp;&nbsp; 29204258 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 29204258 |
| *Industrials* | &nbsp;&nbsp; 28510948 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 28510948 |
| *Information technology* | &nbsp;&nbsp; 100846457 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 100846457 |
| *Materials* | &nbsp;&nbsp; 7699468 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 7699468 |
| *Real estate* | &nbsp;&nbsp; 7876936 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 7876936 |
| *Utilities* | &nbsp;&nbsp; 7485547 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 7485547 |
| **Short-term investments** |  |  |  |  |
| *Investment companies* | &nbsp;&nbsp; 6226111 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 6226111 |
|  | &nbsp;&nbsp; 320411006 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 320411006 |
| **Futures contracts** | &nbsp;&nbsp; 358992 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 358992 |
| **Total assets** | &nbsp;&nbsp; **$320769998** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$320769998** |

---

Futures contracts are reported at their cumulative unrealized gains (losses) at measurement date as reported in the table following the Portfolio of investments. All other assets and liabilities are reported at their market value at measurement date.

Additional sector, industry or geographic detail, if any, is included in the Portfolio of investments.

As of July 31, 2025, $1,590,158 was segregated as cash collateral for these open futures contracts.

At July 31, 2025, the Portfolio did not have any transfers into/out of Level 3.

Allspring Disciplined Large Cap Portfolio \| 11

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING MASTER TRUST

- **b. Investment Company Act file number:** 811-09689

- **c. CIK number of Registrant:** 0001087961

- **d. LEI of Registrant:** 549300RK07I40T8DF120

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

  - **Street Address 1:** 1415 Vantage Park Drive

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4255

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

- **a. Name of Series:** Allspring Disciplined Large Cap Portfolio

- **b. EDGAR series identifier (if any):** S000061896

- **c. LEI of Series:** 549300QUEXT3S9XGLQ23

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**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:** $322134228.22

**Total Liabilities:** $98948.45

**Net Assets:** $322035279.77

**Cash Not Reported:** $1208176.83

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000200587 | 6.50%                | 4.74%                | 2.03%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2847152.07              | $14877916.37                               |
| Month 2  | $0.00                    | $13527474.44                               |
| Month 3  | $2340297.67              | $3754890.47                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Honeywell International Inc             | Honeywell International Inc             | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      5176 | NS      | $1150883.60   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                  | Equitable Holdings Inc                  | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |      5521 | NS      | $283503.35    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                       | Cisco Systems Inc                       | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     32822 | NS      | $2234521.76   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant Inc                            | Assurant Inc                            | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |      6160 | NS      | $1153768.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                          | Salesforce Inc                          | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      8506 | NS      | $2197354.98   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                                | Bank OZK                                | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |      6368 | NS      | $313942.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors Inc          | Omega Healthcare Investors Inc          | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               |  | US        |     17368 | NS      | $675615.20    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                           | Blackrock Inc                           | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       652 | NS      | $721118.52    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                           | Accenture PLC                           | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      4632 | NS      | $1237207.20   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial Inc         | Fidelity National Financial Inc         | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     11877 | NS      | $670219.11    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc          | American Electric Power Co Inc          | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     13501 | NS      | $1527503.14   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                       | General Motors Co                       | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     10851 | NS      | $578792.34    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                             | Vistra Corp                             | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      3831 | NS      | $798916.74    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                    | Progressive Corp/The                    | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      7947 | NS      | $1923491.88   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                          | Atlassian Corp                          | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |      4338 | NS      | $831941.64    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                                | Okta Inc                                | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |      4981 | NS      | $487141.80    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                       | Johnson & Johnson                       | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      8500 | NS      | $1400290.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                         | McDonald's Corp                         | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      2681 | NS      | $804487.67    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding PLC        | Sensata Technologies Holding PLC        | CUSIP: 000000000<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | GB        |     14421 | NS      | $443589.96    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtu Financial Inc                     | Virtu Financial Inc                     | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |     21999 | NS      | $971035.86    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                  | UnitedHealth Group Inc                  | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      3186 | NS      | $795098.16    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc         | Philip Morris International Inc         | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     10750 | NS      | $1763537.50   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp    | International Business Machines Corp    | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      2683 | NS      | $679201.45    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                      | Valero Energy Corp                      | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      3780 | NS      | $519031.80    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                          | Royal Gold Inc                          | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |      6403 | NS      | $969542.26    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                        | Wells Fargo & Co                        | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     22991 | NS      | $1853764.33   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp                 | Marathon Petroleum Corp                 | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      6612 | NS      | $1125296.28   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                      | NextEra Energy Inc                      | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     13464 | NS      | $956751.84    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR          | ALLSPRING GOVERNMENT MONEY MAR          | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   6226111 | NS      | $6226110.56   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc           | Interactive Brokers Group Inc           | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     28552 | NS      | $1871869.12   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America Inc        | Reinsurance Group of America Inc        | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |      5460 | NS      | $1050777.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                              | AbbVie Inc                              | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     12627 | NS      | $2386755.54   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc           | Universal Health Services Inc           | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |      6027 | NS      | $1003194.15   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                   | Costco Wholesale Corp                   | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      3501 | NS      | $3289679.64   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                       | Expedia Group Inc                       | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3506 | NS      | $631851.32    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                   | Uber Technologies Inc                   | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     14455 | NS      | $1268426.25   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                                | eBay Inc                                | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      7171 | NS      | $657939.25    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                       | EOG Resources Inc                       | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      9038 | NS      | $1084740.76   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                   | Micron Technology Inc                   | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      4248 | NS      | $463626.72    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                           | Citigroup Inc                           | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     22751 | NS      | $2131768.70   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic Inc                        | Cirrus Logic Inc                        | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      3280 | NS      | $330328.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                   | Spotify Technology SA                   | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |      2010 | NS      | $1259345.40   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp                   | General Dynamics Corp                   | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      1851 | NS      | $576790.11    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                     | Cheniere Energy Inc                     | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      5755 | NS      | $1357489.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                            | Comcast Corp                            | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     16848 | NS      | $559859.04    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BILL Holdings Inc                       | BILL Holdings Inc                       | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |      5992 | NS      | $256757.20    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                          | TD SYNNEX Corp                          | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |      5438 | NS      | $785192.82    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                              | Carvana Co                              | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |      1862 | NS      | $726496.54    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Ltd              | Axalta Coating Systems Ltd              | CUSIP: 000000000<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | BM        |      8111 | NS      | $229703.52    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange             | S+P500 EMINI FUT SEP25                  | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        21 | NC      | $358837.50    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                     | Paycom Software Inc                     | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      3149 | NS      | $729119.46    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd                     | Viking Holdings Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      5593 | NS      | $328420.96    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc              | Advanced Micro Devices Inc              | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      4289 | NS      | $756193.59    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                           | CME Group Inc                           | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      4991 | NS      | $1388895.48   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates Inc                | Manhattan Associates Inc                | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |      1164 | NS      | $255684.24    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                     | PayPal Holdings Inc                     | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      7265 | NS      | $499541.40    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                            | Alphabet Inc                            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     27874 | NS      | $5349020.60   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                             | Phillips 66                             | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |      8211 | NS      | $1014715.38   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                            | Prologis Inc                            | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |      7800 | NS      | $832884.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                | Visa Inc                                | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     10842 | NS      | $3745585.74   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                      | Crown Holdings Inc                      | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |     12832 | NS      | $1274987.52   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                              | Zoetis Inc                              | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      7554 | NS      | $1101297.66   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings Inc       | Allison Transmission Holdings Inc       | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     13321 | NS      | $1199822.47   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                          | NRG Energy Inc                          | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      2038 | NS      | $340753.60    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc               | Halozyme Therapeutics Inc               | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     11051 | NS      | $662728.47    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp                  | Boston Scientific Corp                  | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |      9940 | NS      | $1042904.80   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                     | Elevance Health Inc                     | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |       631 | NS      | $178623.48    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                       | Lam Research Corp                       | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      3263 | NS      | $309462.92    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                     | Leidos Holdings Inc                     | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      7911 | NS      | $1262991.15   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties Inc       | Gaming and Leisure Properties Inc       | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               |  | US        |     21991 | NS      | $1002349.78   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                 | Procter & Gamble Co/The                 | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      4412 | NS      | $663873.64    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems Inc             | Inspire Medical Systems Inc             | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |      2079 | NS      | $258918.66    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                              | MasTec Inc                              | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |      6205 | NS      | $1174048.05   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                    | Lockheed Martin Corp                    | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      2378 | NS      | $1001090.44   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp                         | Sealed Air Corp                         | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |      8166 | NS      | $239018.82    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                          | Microsoft Corp                          | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     40285 | NS      | $21492047.50  | 6.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods Inc                         | Tyson Foods Inc                         | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     14675 | NS      | $767502.50    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Inc                           | Ingredion Inc                           | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |      5125 | NS      | $674142.50    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                      | Vertiv Holdings Co                      | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      4753 | NS      | $692036.80    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                     | American Tower Corp                     | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               |  | US        |      1372 | NS      | $285911.08    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp                      | Regal Rexnord Corp                      | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |      4124 | NS      | $630477.12    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                       | Veeva Systems Inc                       | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      4234 | NS      | $1203302.80   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                   | Applied Materials Inc                   | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      5442 | NS      | $979886.52    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                            | Stryker Corp                            | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |       804 | NS      | $315754.92    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                  | Trane Technologies PLC                  | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       765 | NS      | $335131.20    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                             | NVIDIA Corp                             | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    127622 | NS      | $22700125.14  | 7.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                            | Chevron Corp                            | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5610 | NS      | $850700.40    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc      | Johnson Controls International plc      | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     12015 | NS      | $1261575.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                               | Adobe Inc                               | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      2929 | NS      | $1047674.01   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                    | Waste Management Inc                    | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      1304 | NS      | $298824.64    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Duolingo Inc                            | Duolingo Inc                            | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1238 | NS      | $429028.90    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                            | Alphabet Inc                            | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     32158 | NS      | $6201991.88   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                         | CVS Health Corp                         | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     13254 | NS      | $823073.40    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                         | EMCOR Group Inc                         | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      2890 | NS      | $1813446.10   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                      | Walt Disney Co/The                      | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      2906 | NS      | $346133.66    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                            | Doximity Inc                            | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8486 | NS      | $498552.50    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                               | Linde PLC                               | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |      2806 | NS      | $1291489.56   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                              | Garmin Ltd                              | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |      1131 | NS      | $247417.56    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                             | Target Corp                             | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     11330 | NS      | $1138665.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Pilgrim's Pride Corp                    | Pilgrim's Pride Corp                    | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |      8144 | NS      | $385944.16    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                             | Walmart Inc                             | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     32664 | NS      | $3200418.72   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                        | Coca-Cola Co/The                        | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      2781 | NS      | $188802.09    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                            | Fortinet Inc                            | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     14289 | NS      | $1427471.10   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                          | Public Storage                          | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               |  | US        |      5079 | NS      | $1381183.26   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                        | Exxon Mobil Corp                        | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     20752 | NS      | $2316753.28   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd               | Axis Capital Holdings Ltd               | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |      3479 | NS      | $326469.36    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix Inc                             | Nutanix Inc                             | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |      9388 | NS      | $705695.96    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc               | Host Hotels & Resorts Inc               | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               |  | US        |     56729 | NS      | $891779.88    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc               | Palantir Technologies Inc               | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     10958 | NS      | $1735199.30   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                  | Marvell Technology Inc                  | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11169 | NS      | $897652.53    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                         | TJX Cos Inc/The                         | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     13766 | NS      | $1714279.98   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                   | Monster Beverage Corp                   | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |      5337 | NS      | $313548.75    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                  | Berkshire Hathaway Inc                  | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      9713 | NS      | $4583370.44   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingram Micro Holding Corp               | Ingram Micro Holding Corp               | CUSIP: 457152106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14403 | NS      | $284027.16    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc                      | Globus Medical Inc                      | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |      4837 | NS      | $254571.31    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                             | Netflix Inc                             | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      3403 | NS      | $3945438.20   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                  | Intuitive Surgical Inc                  | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      2625 | NS      | $1262861.25   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                          | Mastercard Inc                          | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3076 | NS      | $1742461.72   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                | AT&T Inc                                | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     65031 | NS      | $1782499.71   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                             | Popular Inc                             | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |      2816 | NS      | $322657.28    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                            | Broadcom Inc                            | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     28835 | NS      | $8468839.50   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                               | Amgen Inc                               | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       920 | NS      | $271492.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                    | Bank of America Corp                    | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     26526 | NS      | $1253884.02   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                               | Tesla Inc                               | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     14097 | NS      | $4345682.19   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                              | Reddit Inc                              | CUSIP: 75734B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2112 | NS      | $339166.08    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                      | Home Depot Inc/The                      | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      6672 | NS      | $2452026.72   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc                    | Medpace Holdings Inc                    | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |       468 | NS      | $199929.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs Inc                               | Crocs Inc                               | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |      4807 | NS      | $479402.11    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc          | SS&C Technologies Holdings Inc          | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |      7409 | NS      | $633321.32    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education Inc              | Grand Canyon Education Inc              | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |      1498 | NS      | $252607.74    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                              | Evergy Inc                              | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |      4740 | NS      | $335592.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Organon & Co                            | Organon & Co                            | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               | CORP              | US        |     13441 | NS      | $130377.70    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                   | East West Bancorp Inc                   | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4985 | NS      | $499746.25    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                     | Abbott Laboratories                     | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     17435 | NS      | $2200122.65   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                            | Veralto Corp                            | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |      8563 | NS      | $897659.29    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                     | Synchrony Financial                     | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     12035 | NS      | $838478.45    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                     | Arista Networks Inc                     | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     16304 | NS      | $2008978.88   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                    | Parker-Hannifin Corp                    | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      1717 | NS      | $1256672.30   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The             | Goldman Sachs Group Inc/The             | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      3194 | NS      | $2311146.46   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity Inc                              | Acuity Inc                              | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2756 | NS      | $858080.60    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc                    | Freeport-McMoRan Inc                    | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     28275 | NS      | $1137786.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                          | ServiceNow Inc                          | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      2277 | NS      | $2147484.24   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp                        | HF Sinclair Corp                        | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |      4001 | NS      | $175803.94    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                     | General Electric Co                     | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      4023 | NS      | $1090554.84   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                 | Charles Schwab Corp/The                 | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     21518 | NS      | $2102954.14   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                             | MetLife Inc                             | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |      4862 | NS      | $369268.90    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                                  | F5 Inc                                  | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |      1256 | NS      | $393655.52    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                        | Duke Energy Corp                        | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     13626 | NS      | $1657466.64   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                      | Meta Platforms Inc                      | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     13264 | NS      | $10258908.16  | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                              | Pfizer Inc                              | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     41760 | NS      | $972590.40    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                            | VeriSign Inc                            | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      5095 | NS      | $1369892.65   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc              | Verizon Communications Inc              | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      5669 | NS      | $242406.44    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                             | Oracle Corp                             | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      5460 | NS      | $1385584.20   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                          | Globe Life Inc                          | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |      2427 | NS      | $340920.69    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                          | GE Vernova Inc                          | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      1247 | NS      | $823381.63    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                     | Cardinal Health Inc                     | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      2263 | NS      | $351262.86    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                             | Cencora Inc                             | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      3476 | NS      | $994414.08    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                        | Altria Group Inc                        | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     33788 | NS      | $2092828.72   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                     | VICI Properties Inc                     | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               |  | US        |     39702 | NS      | $1294285.20   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co                     | Emerson Electric Co                     | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |      5783 | NS      | $841484.33    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                | Simon Property Group Inc                | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |      9237 | NS      | $1512928.23   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide Inc                   | Euronet Worldwide Inc                   | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |      6031 | NS      | $586092.58    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp | Science Applications International Corp | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |     12226 | NS      | $1362954.48   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc                 | Zoom Communications Inc                 | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |     14455 | NS      | $1070392.75   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                            | Docusign Inc                            | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |      3990 | NS      | $301803.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                          | PulteGroup Inc                          | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7514 | NS      | $848480.88    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/The        | Bank of New York Mellon Corp/The        | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     18493 | NS      | $1876114.85   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                         | Ulta Beauty Inc                         | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      1446 | NS      | $744704.46    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                         | Caterpillar Inc                         | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      1207 | NS      | $528690.14    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp                   | Tenet Healthcare Corp                   | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |      4654 | NS      | $750597.12    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc              | CF Industries Holdings Inc              | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     16528 | NS      | $1534294.24   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                            | QUALCOMM Inc                            | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     12587 | NS      | $1847268.12   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                                | UGI Corp                                | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |     11365 | NS      | $411185.70    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis Inc                            | Exelixis Inc                            | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |     27530 | NS      | $997136.60    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ADT Inc                                 | ADT Inc                                 | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36548 | NS      | $305175.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                | Ameriprise Financial Inc                | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |       694 | NS      | $359623.86    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                | KLA Corp                                | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      2399 | NS      | $2108792.97   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                   | Northrop Grumman Corp                   | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      1537 | NS      | $886249.57    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/The        | Hartford Insurance Group Inc/The        | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      5862 | NS      | $729174.18    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                           | McKesson Corp                           | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      1769 | NS      | $1226872.26   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc                  | CACI International Inc                  | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      1543 | NS      | $710659.51    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                            | Tapestry Inc                            | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |      9001 | NS      | $972378.03    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                           | Pinterest Inc                           | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10796 | NS      | $416725.60    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc            | United Airlines Holdings Inc            | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |     16273 | NS      | $1437068.63   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                             | ROBLOX Corp                             | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4980 | NS      | $686194.20    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                              | Twilio Inc                              | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |      3799 | NS      | $490071.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                               | Apple Inc                               | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     78056 | NS      | $16202083.92  | 5.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc           | Regeneron Pharmaceuticals Inc           | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       601 | NS      | $327821.46    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc                | Builders FirstSource Inc                | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      2830 | NS      | $359777.90    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group Inc           | Jefferies Financial Group Inc           | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |      6368 | NS      | $367178.88    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                    | Howmet Aerospace Inc                    | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      5707 | NS      | $1025947.39   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                           | AppLovin Corp                           | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      2450 | NS      | $957215.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc           | Automatic Data Processing Inc           | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      1117 | NS      | $345711.50    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap Inc/The                             | Gap Inc/The                             | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |     24555 | NS      | $477840.30    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp                    | Deckers Outdoor Corp                    | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |      7620 | NS      | $809015.40    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Toast Inc                               | Toast Inc                               | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |      9206 | NS      | $449621.04    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                    | Booking Holdings Inc                    | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       274 | NS      | $1508112.44   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc                  | Valmont Industries Inc                  | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      4436 | NS      | $1614482.20   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc                    | Keurig Dr Pepper Inc                    | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     12565 | NS      | $410247.25    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                          | Merck & Co Inc                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     12414 | NS      | $969781.68    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                    | Colgate-Palmolive Co                    | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      6912 | NS      | $579571.20    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                 | CRH PLC                                 | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |      6663 | NS      | $635983.35    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                          | Eli Lilly & Co                          | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      4286 | NS      | $3171940.02   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                     | JPMorgan Chase & Co                     | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     15688 | NS      | $4647413.12   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SharkNinja Inc                          | SharkNinja Inc                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      2932 | NS      | $340405.20    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                          | Amazon.com Inc                          | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     51838 | NS      | $12135794.18  | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                     | Coinbase Global Inc                     | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |      2709 | NS      | $1023351.84   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                             | Hologic Inc                             | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |     15601 | NS      | $1042458.82   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                 | Bristol-Myers Squibb Co                 | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     12562 | NS      | $544060.22    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                     | American Express Co                     | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      3333 | NS      | $997600.23    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc                   | Element Solutions Inc                   | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |     16384 | NS      | $386662.40    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co                    | National Fuel Gas Co                    | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |     16792 | NS      | $1457377.68   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp              | Capital One Financial Corp              | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      5410 | NS      | $1163150.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                     | Gilead Sciences Inc                     | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     16613 | NS      | $1865473.77   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-28

**Name of Applicant:** ALLSPRING MASTER TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer