# EDGAR Filing Document

**Accession Number:** 0001089951
**File Stem:** 0000940400-25-011546
**Filing Date:** 2025-11
**Character Count:** 47838
**Document Hash:** 2f72e193cfbff1d5f755d632b2ffaed3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-011546.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0000940400-25-011546

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMG FUNDS
- **CENTRAL INDEX KEY:** 0001089951

**ORGANIZATION NAME:**
- **EIN:** 061555943
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09521
- **FILM NUMBER:** 251534566

**BUSINESS ADDRESS:**
- **STREET 1:** 680 WASHINGTON BOULEVARD, SUITE 500
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901
- **BUSINESS PHONE:** 2032993500

**MAIL ADDRESS:**
- **STREET 1:** 680 WASHINGTON BOULEVARD, SUITE 500
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANAGERS AMG FUNDS
- **DATE OF NAME CHANGE:** 19990706

## Series and Classes Contracts Data

### AMG TimesSquare Mid Cap Growth Fund (Series ID: S000009876)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000027322 | Class Z      | TMDIX           |
| C000027323 | Class N      | TMDPX           |
| C000180065 | Class I      | TQMIX           |

## Nport-Ex

AMG TimesSquare Mid Cap Growth Fund

Schedule of Portfolio Investments *(unaudited)*

September 30, 2025

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| **Common Stocks - 97.0%** |  |  |
| &nbsp;&nbsp;&nbsp;**Communication Services - 2.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Pinterest, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;774290 | &nbsp;&nbsp;$24908909 |
| &nbsp;&nbsp;&nbsp;Take-Two Interactive Software, Inc.<sup>\*</sup> | &nbsp;&nbsp;66440 | &nbsp;&nbsp;&nbsp;&nbsp;17165439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Communication Services |  | &nbsp;&nbsp;&nbsp;&nbsp;42074348 |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary - 12.7%** |  |  |
| &nbsp;&nbsp;&nbsp;DoorDash, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;127410 | &nbsp;&nbsp;&nbsp;&nbsp;34654246 |
| &nbsp;&nbsp;&nbsp;Floor & Decor Holdings, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;177500 | &nbsp;&nbsp;&nbsp;&nbsp;13081750 |
| &nbsp;&nbsp;&nbsp;Flutter Entertainment PLC<sup>\*</sup> | &nbsp;&nbsp;135900 | &nbsp;&nbsp;&nbsp;&nbsp;34518600 |
| &nbsp;&nbsp;&nbsp;Norwegian Cruise Line Holdings, Ltd.<sup>\*</sup> | &nbsp;&nbsp;717940 | &nbsp;&nbsp;&nbsp;&nbsp;17682862 |
| &nbsp;&nbsp;&nbsp;O'Reilly Automotive, Inc.<sup>\*</sup> | 349450 | &nbsp;&nbsp;&nbsp;&nbsp;37674205 |
| &nbsp;&nbsp;&nbsp;Pool Corp.<sup>1</sup> | &nbsp;&nbsp;&nbsp;39570 | &nbsp;&nbsp;&nbsp;&nbsp;12269470 |
| &nbsp;&nbsp;&nbsp;Ross Stores, Inc. | &nbsp;&nbsp;194060 | &nbsp;&nbsp;&nbsp;&nbsp;29572803 |
| &nbsp;&nbsp;&nbsp;Tractor Supply Co. | 455570 | &nbsp;&nbsp;&nbsp;&nbsp;25908266 |
| &nbsp;&nbsp;&nbsp;Wyndham Hotels & Resorts, Inc.<sup>1</sup> | 180690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14437131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Discretionary |  | &nbsp;&nbsp;&nbsp;219799333 |
| &nbsp;&nbsp;&nbsp;**Consumer Staples - 2.6%** |  |  |
| &nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp;219002 | &nbsp;&nbsp;&nbsp;&nbsp;20421937 |
| &nbsp;&nbsp;&nbsp;Performance Food Group Co.<sup>\*</sup> | &nbsp;&nbsp;231910 | &nbsp;&nbsp;&nbsp;&nbsp;24127916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Staples |  | &nbsp;&nbsp;&nbsp;&nbsp;44549853 |
| &nbsp;&nbsp;&nbsp;**Energy - 3.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Cheniere Energy, Inc. | &nbsp;&nbsp;173490 | &nbsp;&nbsp;&nbsp;&nbsp;40766680 |
| &nbsp;&nbsp;&nbsp;Permian Resources Corp. | &nbsp;&nbsp;859185 | &nbsp;&nbsp;&nbsp;&nbsp;10997568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Energy |  | &nbsp;&nbsp;&nbsp;&nbsp;51764248 |
| &nbsp;&nbsp;&nbsp;**Financials - 9.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Brown & Brown, Inc. | &nbsp;&nbsp;178813 | &nbsp;&nbsp;&nbsp;&nbsp;16770871 |
| &nbsp;&nbsp;&nbsp;Evercore, Inc., Class A | &nbsp;&nbsp;&nbsp;54245 | &nbsp;&nbsp;&nbsp;&nbsp;18297923 |
| &nbsp;&nbsp;&nbsp;Interactive Brokers Group, Inc., Class A | 552826 | &nbsp;&nbsp;&nbsp;&nbsp;38039957 |
| &nbsp;&nbsp;&nbsp;Robinhood Markets, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;241560 | &nbsp;&nbsp;&nbsp;&nbsp;34586561 |
| &nbsp;&nbsp;&nbsp;The Allstate Corp. | &nbsp;&nbsp;&nbsp;96563 | &nbsp;&nbsp;&nbsp;&nbsp;20727248 |
| &nbsp;&nbsp;&nbsp;TPG, Inc.<sup>1</sup> | 608735 | &nbsp;&nbsp;&nbsp;&nbsp;34971826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Financials |  | &nbsp;&nbsp;&nbsp;163394386 |
| &nbsp;&nbsp;&nbsp;**Health Care - 14.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Argenx SE, ADR (Netherlands)<sup>\*</sup> | &nbsp;&nbsp;46640 | &nbsp;&nbsp;&nbsp;&nbsp;34399799 |
| &nbsp;&nbsp;&nbsp;Cencora, Inc. | &nbsp;&nbsp;158890 | &nbsp;&nbsp;&nbsp;&nbsp;49657893 |
| &nbsp;&nbsp;&nbsp;Encompass Health Corp. | &nbsp;&nbsp;128120 | &nbsp;&nbsp;&nbsp;&nbsp;16273802 |
| &nbsp;&nbsp;&nbsp;IDEXX Laboratories, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;69110 | &nbsp;&nbsp;&nbsp;&nbsp;44153688 |
| &nbsp;&nbsp;&nbsp;Insmed, Inc.<sup>\*</sup> | &nbsp;&nbsp;155190 | &nbsp;&nbsp;&nbsp;&nbsp;22348912 |
| &nbsp;&nbsp;&nbsp;Repligen Corp.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;83720 | &nbsp;&nbsp;&nbsp;&nbsp;11190852 |
| &nbsp;&nbsp;&nbsp;Stevanato Group S.p.A. (Italy)<sup>1</sup> | 685967 | &nbsp;&nbsp;&nbsp;&nbsp;17663650 |
| &nbsp;&nbsp;&nbsp;Veeva Systems, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;153935 | &nbsp;&nbsp;&nbsp;&nbsp;45858776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Health Care |  | &nbsp;&nbsp;&nbsp;241547372 |

---

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| &nbsp;&nbsp;&nbsp;**Industrials - 20.0%** |  |  |
| &nbsp;&nbsp;&nbsp;AMETEK, Inc. | &nbsp;&nbsp;&nbsp;90710 | &nbsp;&nbsp;&nbsp;$17053480 |
| &nbsp;&nbsp;&nbsp;Axon Enterprise, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;44940 | &nbsp;&nbsp;&nbsp;&nbsp;32250742 |
| &nbsp;&nbsp;&nbsp;Carlisle Cos., Inc. | &nbsp;&nbsp;&nbsp;36250 | &nbsp;&nbsp;&nbsp;&nbsp;11924800 |
| &nbsp;&nbsp;&nbsp;Cintas Corp. | &nbsp;&nbsp;138566 | &nbsp;&nbsp;&nbsp;&nbsp;28442057 |
| &nbsp;&nbsp;&nbsp;Comfort Systems USA, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656018 |
| &nbsp;&nbsp;&nbsp;Curtiss-Wright Corp. | &nbsp;&nbsp;&nbsp;62844 | &nbsp;&nbsp;&nbsp;&nbsp;34120521 |
| &nbsp;&nbsp;&nbsp;EMCOR Group, Inc. | &nbsp;&nbsp;&nbsp;94440 | &nbsp;&nbsp;&nbsp;&nbsp;61342558 |
| &nbsp;&nbsp;&nbsp;Equifax, Inc. | &nbsp;&nbsp;&nbsp;43179 | &nbsp;&nbsp;&nbsp;&nbsp;11076709 |
| &nbsp;&nbsp;&nbsp;GFL Environmental, Inc. (Canada) | &nbsp;&nbsp;396418 | &nbsp;&nbsp;&nbsp;&nbsp;18782285 |
| &nbsp;&nbsp;&nbsp;Karman Holdings, Inc.<sup>\*,1</sup> | 442825 | &nbsp;&nbsp;&nbsp;&nbsp;31971965 |
| &nbsp;&nbsp;&nbsp;Loar Holdings, Inc.<sup>\*,1</sup> | &nbsp;&nbsp;200168 | &nbsp;&nbsp;&nbsp;&nbsp;16013440 |
| &nbsp;&nbsp;&nbsp;Regal Rexnord Corp. | &nbsp;&nbsp;142534 | &nbsp;&nbsp;&nbsp;&nbsp;20445077 |
| &nbsp;&nbsp;&nbsp;Verisk Analytics, Inc. | &nbsp;&nbsp;136673 | &nbsp;&nbsp;&nbsp;&nbsp;34374626 |
| &nbsp;&nbsp;&nbsp;Waste Connections, Inc. (Canada) | &nbsp;&nbsp;&nbsp;92015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16176237 |
| &nbsp;&nbsp;&nbsp;Watsco, Inc.<sup>1</sup> | &nbsp;&nbsp;&nbsp;26380 | &nbsp;&nbsp;&nbsp;&nbsp;10665434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Industrials |  | &nbsp;&nbsp;345295949 |
| &nbsp;&nbsp;&nbsp;**Information Technology - 27.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Amphenol Corp., Class A | &nbsp;&nbsp;139190 | &nbsp;&nbsp;&nbsp;&nbsp;17224763 |
| &nbsp;&nbsp;&nbsp;AppLovin Corp., Class A<sup>\*</sup> | &nbsp;&nbsp;&nbsp;34650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24897411 |
| &nbsp;&nbsp;&nbsp;Bentley Systems, Inc., Class B | &nbsp;&nbsp;350618 | &nbsp;&nbsp;&nbsp;&nbsp;18049815 |
| &nbsp;&nbsp;&nbsp;Crowdstrike Holdings, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;14401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7061962 |
| &nbsp;&nbsp;&nbsp;CyberArk Software, Ltd. (Israel)<sup>\*</sup> | &nbsp;&nbsp;&nbsp;87825 | &nbsp;&nbsp;&nbsp;&nbsp;42432649 |
| &nbsp;&nbsp;&nbsp;Dynatrace, Inc.<sup>\*</sup> | &nbsp;&nbsp;474765 | &nbsp;&nbsp;&nbsp;&nbsp;23002364 |
| &nbsp;&nbsp;&nbsp;Elastic, N.V.<sup>\*</sup> | &nbsp;&nbsp;244755 | &nbsp;&nbsp;&nbsp;&nbsp;20679350 |
| &nbsp;&nbsp;&nbsp;Fair Isaac Corp.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;11940 | &nbsp;&nbsp;&nbsp;&nbsp;17868568 |
| &nbsp;&nbsp;&nbsp;Gartner, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;28515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7495738 |
| &nbsp;&nbsp;&nbsp;HubSpot, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;82385 | &nbsp;&nbsp;&nbsp;&nbsp;38539703 |
| &nbsp;&nbsp;&nbsp;JFrog, Ltd. <sup>\*</sup> | 593064 | &nbsp;&nbsp;&nbsp;&nbsp;28069719 |
| &nbsp;&nbsp;&nbsp;Lattice Semiconductor Corp.<sup>\*,1</sup> | &nbsp;&nbsp;332140 | &nbsp;&nbsp;&nbsp;&nbsp;24352505 |
| &nbsp;&nbsp;&nbsp;Marvell Technology, Inc. | &nbsp;&nbsp;218810 | &nbsp;&nbsp;&nbsp;&nbsp;18395357 |
| &nbsp;&nbsp;&nbsp;Monolithic Power Systems, Inc. | &nbsp;&nbsp;50600 | &nbsp;&nbsp;&nbsp;&nbsp;46584384 |
| &nbsp;&nbsp;&nbsp;Netskope, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;651798 | &nbsp;&nbsp;&nbsp;&nbsp;14815369 |
| &nbsp;&nbsp;&nbsp;Nice, Ltd., Sponsored ADR (Israel)<sup>\*</sup> | &nbsp;&nbsp;106477 | &nbsp;&nbsp;&nbsp;&nbsp;15415740 |
| &nbsp;&nbsp;&nbsp;Onestream, Inc.<sup>\*,1</sup> | &nbsp;&nbsp;619015 | &nbsp;&nbsp;&nbsp;&nbsp;11408446 |
| &nbsp;&nbsp;&nbsp;Samsara, Inc., Class A<sup>\*</sup> | 486540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18123615 |
| &nbsp;&nbsp;&nbsp;ServiceTitan, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;210816 | &nbsp;&nbsp;&nbsp;&nbsp;21256577 |
| &nbsp;&nbsp;&nbsp;Snowflake, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;&nbsp;39095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8817877 |
| &nbsp;&nbsp;&nbsp;Trimble, Inc.<sup>\*</sup> | 269860 | &nbsp;&nbsp;&nbsp;&nbsp;22034069 |
| &nbsp;&nbsp;&nbsp;Tyler Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;38150 | &nbsp;&nbsp;&nbsp;&nbsp;19958554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Information Technology |  | &nbsp;&nbsp;466484535 |
| &nbsp;&nbsp;&nbsp;**Materials - 2.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Carpenter Technology Corp. | &nbsp;&nbsp;109220 | &nbsp;&nbsp;&nbsp;&nbsp;26817879 |

---

------

AMG TimesSquare Mid Cap Growth Fund

Schedule of Portfolio Investments *(continued)*

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| &nbsp;&nbsp;&nbsp;**Materials - 2.8% (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Martin Marietta Materials, Inc. | &nbsp;&nbsp;33830 | &nbsp;&nbsp;&nbsp;&nbsp;$21322372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Materials |  | &nbsp;&nbsp;&nbsp;&nbsp;48140251 |
| &nbsp;&nbsp;&nbsp;**Real Estate - 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;CoStar Group, Inc.<sup>\*</sup> | 290674 | &nbsp;&nbsp;&nbsp;&nbsp;24524165 |
| &nbsp;&nbsp;&nbsp;**Utilities - 1.6%** |  |  |
| &nbsp;&nbsp;&nbsp;NRG Energy, Inc. | &nbsp;&nbsp;171850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27831107 |
| **Total Common Stocks<br> (Cost $1,145,976,962)** |  | &nbsp;&nbsp;1675405547 |

---

---

| | | |
|:---|:---|:---|
|  | Principal<br> Amount |  |
| **Short-Term Investments - 3.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Joint Repurchase Agreements - 0.0%<sup>#,2</sup>** |  |  |
| &nbsp;&nbsp;&nbsp;HSBC Securities USA, Inc., dated 09/30/25, due 10/01/25, 4.210% total to be received $30,290 (collateralized by various U.S. Treasuries, 0.000% - 4.000%, 07/15/26 - 08/15/54, totaling $30,892) | $30286 | &nbsp;&nbsp;30286 |
| &nbsp;&nbsp;&nbsp;JPMorgan Securities LLC, dated 09/30/25, due 10/01/25, 4.200% total to be received $57,060 (collateralized by various U.S. Treasuries, 4.125% - 4.500%, 12/31/31 - 05/31/32, totaling $58,194) | &nbsp;&nbsp;&nbsp;57053 | &nbsp;&nbsp;&nbsp;57053 |
| &nbsp;&nbsp;&nbsp;Natwest Markets Securities, Inc., dated 09/30/25, due 10/01/25, 4.190% total to be received $78,892 (collateralized by various U.S. Treasuries, 0.000% - 6.625%, 11/18/25 - 08/15/55, totaling $80,461) | &nbsp;&nbsp;&nbsp;78883 | &nbsp;&nbsp;&nbsp;78883 |

---

---

| | | |
|:---|:---|:---|
|  | Principal<br> Amount | &nbsp;&nbsp;Value |
| &nbsp;&nbsp;&nbsp;RBC Dominion Securities, Inc., dated 09/30/25, due 10/01/25, 4.190% total to be received $25,391 (collateralized by various U.S. Treasuries, 0.000% - 4.750%, 10/23/25 - 08/15/55, totaling $25,896) | $25388 | &nbsp;&nbsp;$25388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Joint Repurchase Agreements |  | &nbsp;&nbsp;&nbsp;191610 |

---

---

| | | |
|:---|:---|:---|
|  | Shares |  |
| &nbsp;&nbsp;&nbsp;**Other Investment Companies - 3.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Dreyfus Government Cash Management Fund, Institutional Shares, 4.04%<sup>3</sup> | 21318122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21318122 |
| &nbsp;&nbsp;&nbsp;Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 4.09%<sup>3</sup> | 31977183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31977183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Other Investment Companies |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53295305 |
| **Total Short-Term Investments<br> (Cost $53,486,915)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53486915 |
| **Total Investments - 100.1%<br> (Cost $1,199,463,877)** |  | &nbsp;&nbsp;&nbsp;&nbsp; 1728892462 |
| **Other Assets, less Liabilities - (0.1)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1783298) |
| **Net Assets - 100.0%** |  | &nbsp;&nbsp;**$1727109164** |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp;<sup>\*</sup> | Non-income producing security. |
| &nbsp;&nbsp;<sup>#</sup> | Less than 0.05%. |
| &nbsp;&nbsp;<sup>1</sup> | Some of these securities, amounting to $87,736,074 or 5.1% of net assets, were out on loan to various borrowers and are collateralized by cash and various U.S. Treasury Obligations. See below for more information. |
| &nbsp;&nbsp;<sup>2</sup> | Cash collateral received for securities lending activity was invested in these joint repurchase agreements. |

---

<sup>3</sup> Yield shown represents the September 30, 2025, seven day average yield, which refers to the sum of the previous seven days' dividends paid, expressed as an annual percentage.

ADR American Depositary Receipt

------

AMG TimesSquare Mid Cap Growth Fund

Schedule of Portfolio Investments *(continued)*

The following table summarizes the inputs used to value the Fund's investments by the fair value hierarchy levels as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** |
| &nbsp;&nbsp;&nbsp;**Common Stocks<sup>†</sup>** | &nbsp;&nbsp; $1675405547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $1675405547 |
| &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Joint Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; $191610 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 191610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Investment Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53295305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53295305 |
| &nbsp;&nbsp;**Total Investments in Securities** | &nbsp;&nbsp;$1728700852 | &nbsp;&nbsp;$191610 | &nbsp;&nbsp;— | &nbsp;&nbsp;$1728892462 |

---

<br> <sup>†</sup> All common stocks held in the Fund are Level 1 securities. For a detailed breakout of common stocks by major industry classification, please refer to the Fund's Schedule of Portfolio Investments.

For the period ended September 30, 2025, there were no transfers in or out of Level 3.

The Fund participates in the securities lending program offered by The Bank of New York Mellon providing for the lending of securities to qualified brokers. The value of securities loaned on positions held, cash collateral and securities collateral received at September 30, 2025, were as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Securities<br> Loaned** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Securities<br> Collateral<br> Received** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total<br> Collateral<br> Received** |
| $87736074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $191610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $89814135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $90005745 |

---

The following table summarizes the securities received as collateral for securities lending at September 30, 2025:

---

| | | |
|:---|:---|:---|
| **Collateral<br> Type** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Coupon<br> Range** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Maturity<br> Date Range** |
| U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%-5.000% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10/15/25-05/15/55 |

---

For additional information about significant accounting policies, including valuation of investments, refer to the Fund's most recent semi or annual report.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AMG Funds

- **b. Investment Company Act file number:** 811-09521

- **c. CIK number of Registrant:** 0001089951

- **d. LEI of Registrant:** 54930020IDQ6ZIPGNH13

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

  - **Street Address 1:** 680 Washington Blvd.

  - **City:** Stamford

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06901

  - **Telephone number:** 800-548-4539

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

- **a. Name of Series:** AMG TimesSquare Mid Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000009876

- **c. LEI of Series:** 54930080QCSKIPDMDA09

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

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

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1729364508.69

**Total Liabilities:** $1607272.04

**Net Assets:** $1727757236.65

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000027322 | 1.40%                | 1.06%                | 2.78%                |
| Class ID C000180065 | 1.41%                | 1.02%                | 2.75%                |
| Class ID C000027323 | 1.34%                | 1.04%                | 2.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $17264591.81             | $5276079.63                                |
| Month 2  | $8789990.68              | $9048049.44                                |
| Month 3  | $-249810.93              | $47292675.06                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Argenx SE                                               | Argenx SE                                               | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |     46640 | NS      | $34399798.40  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                                             | Cintas Corp                                             | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    138566 | NS      | $28442057.16  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                              | Insmed Inc                                              | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    155190 | NS      | $22348911.90  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc                           | Martin Marietta Materials Inc                           | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |     33830 | NS      | $21322372.40  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc                                    | Verisk Analytics Inc                                    | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |    136673 | NS      | $34374626.23  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc                                 | Comfort Systems USA Inc                                 | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |       795 | NS      | $656018.10    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                                           | AppLovin Corp                                           | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     34650 | NS      | $24897411.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp                                     | Curtiss-Wright Corp                                     | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |     62844 | NS      | $34120521.36  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                                  | IDEXX Laboratories Inc                                  | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |     69110 | NS      | $44153687.90  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp                                      | Regal Rexnord Corp                                      | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |    142534 | NS      | $20445076.96  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc                            | Monolithic Power Systems Inc                            | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     50600 | NS      | $46584384.00  | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Netskope Inc                                            | Netskope Inc                                            | CUSIP: 64119N608<br>LEI: 254900CS525VJG6KO570 | Long             | EC               | CORP              | US        |    651798 | NS      | $14815368.54  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceTitan Inc                                        | ServiceTitan Inc                                        | CUSIP: 81764X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    210816 | NS      | $21256577.28  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC DOMINION SECURITIES INC.                            | RBC DOMINION SECURITIES INC                             | CUSIP: 000000000<br>LEI: 549300QJJX6CVVUXLE15 | Long             | RA               | CORP              | US        |     25388 | PA      | $25388.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Loar Holdings Inc                                       | Loar Holdings Inc                                       | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    200168 | NS      | $16013440.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: —       |
| Elastic NV                                              | Elastic NV                                              | CUSIP: 000000000<br>LEI: 2549003I48WHHH937I59 | Long             | EC               | CORP              | US        |    244755 | NS      | $20679349.95  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                                         | Ross Stores Inc                                         | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |    194060 | NS      | $29572803.40  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp                               | Carpenter Technology Corp                               | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |    109220 | NS      | $26817878.80  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group Inc                                        | CoStar Group Inc                                        | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |    290674 | NS      | $24524165.38  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp                                   | Encompass Health Corp                                   | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |    128120 | NS      | $16273802.40  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                                     | Axon Enterprise Inc                                     | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |     44940 | NS      | $32250741.60  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corp                                               | Pool Corp                                               | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |     39570 | NS      | $12269469.90  | 0.71%             |  |  |  | No            |                  1 | On Loan: —       |
| Crowdstrike Holdings Inc                                | Crowdstrike Holdings Inc                                | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     14401 | NS      | $7061962.38   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment PLC                               | Flutter Entertainment PLC                               | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | US        |    121800 | NS      | $30937200.00  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                                           | Amphenol Corp                                           | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    139190 | NS      | $17224762.50  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                                       | Brown & Brown Inc                                       | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |    178813 | NS      | $16770871.27  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                                  | Marvell Technology Inc                                  | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    218810 | NS      | $18395356.70  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                                       | Allstate Corp/The                                       | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |    105263 | NS      | $22594702.95  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                                              | AMETEK Inc                                              | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |     90710 | NS      | $17053480.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                              | HSBC SECURITIES (USA) INC                               | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | Long             | RA               | CORP              | US        |     30286 | PA      | $30286.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Gartner Inc                                             | Gartner Inc                                             | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |     28515 | NS      | $7495738.05   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings Inc                                     | Karman Holdings Inc                                     | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    442825 | NS      | $31971965.00  | 1.85%             |  |  |  | No            |                  1 | On Loan: —       |
| Norwegian Cruise Line Holdings                          | Norwegian Cruise Line Holdings Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    717940 | NS      | $17682862.20  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc                                  | Tyler Technologies Inc                                  | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |     38150 | NS      | $19958554.00  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                                           | Snowflake Inc                                           | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     39095 | NS      | $8817877.25   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CyberArk Software Ltd                                   | CyberArk Software Ltd                                   | CUSIP: 000000000<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |     87825 | NS      | $42432648.75  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software                           | Take-Two Interactive Software Inc                       | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |     66440 | NS      | $17165438.40  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                                     | Cheniere Energy Inc                                     | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |    173490 | NS      | $40766680.20  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                                           | Dynatrace Inc                                           | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |    474765 | NS      | $23002364.25  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                                   | Robinhood Markets Inc                                   | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |    252660 | NS      | $36175858.80  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc                           | Interactive Brokers Group Inc                           | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |    552826 | NS      | $38039957.06  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                                         | Fair Isaac Corp                                         | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |     11940 | NS      | $17868568.20  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Institutional Preferred Government Money Market | Dreyfus Institutional Preferred Government Money Market | CUSIP: 26200X100<br>LEI: 5493001BRBYRXP4A4K56 | Long             | STIV             | RF                | US        |  31977183 | NS      | $31977183.22  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Floor & Decor Holdings Inc                              | Floor & Decor Holdings Inc                              | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |    177500 | NS      | $13081750.00  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co                               | Performance Food Group Co                               | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |    231910 | NS      | $24127916.40  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                                 | O'Reilly Automotive Inc                                 | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |    349450 | NS      | $37674204.50  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                                          | NRG Energy Inc                                          | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |    171850 | NS      | $27831107.50  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Nice Ltd                                                | Nice Ltd                                                | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | EC               | CORP              | IL        |    106477 | NS      | $15415740.06  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                              | Watsco Inc                                              | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |     26380 | NS      | $10665434.00  | 0.62%             |  |  |  | No            |                  1 | On Loan: —       |
| Evercore Inc                                            | Evercore Inc                                            | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |     54245 | NS      | $18297923.40  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings I                          | BJ's Wholesale Club Holdings Inc                        | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |    219002 | NS      | $20421936.50  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                                   | Waste Connections Inc                                   | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |     92015 | NS      | $16176237.00  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd                                               | JFrog Ltd                                               | CUSIP: 000000000<br>LEI: 2549002N8E00AY49G567 | Long             | EC               | CORP              | US        |    593064 | NS      | $28069719.12  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| GFL Environmental Inc                                   | GFL Environmental Inc                                   | CUSIP: 36168Q104<br>LEI: 894500E7NLBY9VZRT696 | Long             | EC               | CORP              | CA        |    396418 | NS      | $18782284.84  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                                            | DoorDash Inc                                            | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |    127410 | NS      | $34654245.90  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                                             | HubSpot Inc                                             | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |     82385 | NS      | $38539703.00  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                                         | EMCOR Group Inc                                         | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     94440 | NS      | $61342557.60  | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Onestream Inc                                           | Onestream Inc                                           | CUSIP: 68278B107<br>LEI: 254900CRBCHIYDC37W82 | Long             | EC               | CORP              | US        |    619015 | NS      | $11408446.45  | 0.66%             |  |  |  | No            |                  1 | On Loan: —       |
| Samsara Inc                                             | Samsara Inc                                             | CUSIP: 79589L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    486540 | NS      | $18123615.00  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                                        | Carlisle Cos Inc                                        | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |     36250 | NS      | $11924800.00  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp                                  | Permian Resources Corp                                  | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    859185 | NS      | $10997568.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Bentley Systems Inc                                     | Bentley Systems Inc                                     | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |    350618 | NS      | $18049814.64  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Stevanato Group SpA                                     | Stevanato Group SpA                                     | CUSIP: 000000000<br>LEI: 81560033F7E1CD477507 | Long             | EC               | CORP              | IT        |    685967 | NS      | $17663650.25  | 1.02%             |  |  |  | No            |                  1 | On Loan: —       |
| NATWEST MARKETS SECURITIES INC.                         | NATWEST MARKETS SECURITIES INC                          | CUSIP: 000000000<br>LEI: ZE2ZWJ5BTIQJ8M0C6K34 | Long             | RA               | CORP              | US        |     78883 | PA      | $78883.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Tractor Supply Co                                       | Tractor Supply Co                                       | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |    455570 | NS      | $25908265.90  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                                           | Pinterest Inc                                           | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    774290 | NS      | $24908909.30  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                             | Cencora Inc                                             | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |    158890 | NS      | $49657891.70  | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG Inc                                                 | TPG Inc                                                 | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |    608735 | NS      | $34971825.75  | 2.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Trimble Inc                                             | Trimble Inc                                             | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |    269860 | NS      | $22034069.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                                           | Repligen Corp                                           | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |     83720 | NS      | $11190852.40  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                                       | Veeva Systems Inc                                       | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |    153935 | NS      | $45858775.85  | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                              | JP MORGAN SECURITIES LLC                                | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | Long             | RA               | CORP              | US        |     57053 | PA      | $57053.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Equifax Inc                                             | Equifax Inc                                             | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |     43179 | NS      | $11076708.87  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management                      | Dreyfus Government Cash Management                      | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |  21318122 | NS      | $21318122.15  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                            | Wyndham Hotels & Resorts Inc                            | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |    180690 | NS      | $14437131.00  | 0.84%             |  |  |  | No            |                  1 | On Loan: —       |
| Lattice Semiconductor Corp                              | Lattice Semiconductor Corp                              | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |    332140 | NS      | $24352504.80  | 1.41%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2025-11-25

**Name of Applicant:** AMG Funds

**Signature:** Thomas Disbrow

**Name of Signer:** Thomas Disbrow

**Title:** Principal Financial Officer