# EDGAR Filing Document

**Accession Number:** 0000722885
**File Stem:** 0002000324-26-000457
**Filing Date:** 2026-2
**Character Count:** 25121
**Document Hash:** d763d65dcc7c52e1f69051c875594896
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-000457.hdr.sgml**: 20260219

**ACCESSION NUMBER**: 0002000324-26-000457

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260219

**DATE AS OF CHANGE**: 20260219

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pear Tree Funds
- **CENTRAL INDEX KEY:** 0000722885

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03790
- **FILM NUMBER:** 26654578

**BUSINESS ADDRESS:**
- **STREET 1:** 55 OLD BEDFORD ROAD
- **STREET 2:** SUITE 202
- **CITY:** LINCOLN
- **STATE:** MA
- **ZIP:** 01773
- **BUSINESS PHONE:** 8003311244

**MAIL ADDRESS:**
- **STREET 1:** 55 OLD BEDFORD ROAD
- **STREET 2:** SUITE 202
- **CITY:** LINCOLN
- **STATE:** MA
- **ZIP:** 01773

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** QUANTITATIVE GROUP OF FUNDS
- **DATE OF NAME CHANGE:** 19940127

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** U S BOSTON INVESTMENT CO
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Pear Tree Quality Fund (Series ID: S000009492)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000025969 | Ordinary Shares      | USBOX           |
| C000025970 | Institutional Shares | QGIAX           |
| C000177798 | R6 Shares            | QGIRX           |

## Nport-Ex

PEAR TREE QUALITY FUND

SCHEDULE OF INVESTMENTS

*December 31, 2025 (Unaudited)*

Common Stock - 99.3%

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **COMMUNICATION SERVICES - 9.8%** |  |  |
| **INTERACTIVE MEDIA & SERVICES - 9.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Alphabet, Inc. Class A | 55501 | $17371813 |
| &nbsp;&nbsp;&nbsp;Meta Platforms, Inc. | 19614 | 12947005 |
| **TOTAL COMMUNICATION SERVICES** |  | 30318818 |
| **CONSUMER DISCRETIONARY - 9.3%** |  |  |
| **HOTELS, RESTAURANTS & LEISURE - 3.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Compass Group Plc<sup>(a)</sup> | 209026 | 6686742 |
| &nbsp;&nbsp;&nbsp;Hilton Worldwide Holdings Inc. | 16583 | 4763467 |
|  |  | 11450209 |
| **MULTILINE RETAIL - 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;TJX Companies, Inc. (The) | 29576 | 4543169 |
| **RETAILING - 2.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Amazon.com, Inc.<sup>(b)</sup> | 34016 | 7851573 |
| **TEXTILES, APPAREL & LUXURY GOODS - 1.6%** |  |  |
| &nbsp;&nbsp;&nbsp;LVMH Moët Hennessy-Louis Vuitton S.A.<sup>(a)</sup> | 32874 | 4957728 |
| **TOTAL CONSUMER DISCRETIONARY** |  | 28802679 |
| **CONSUMER STAPLES - 7.4%** |  |  |
| **BEVERAGES - 4.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Coca-Cola Company (The) | 68992 | 4823231 |
| &nbsp;&nbsp;&nbsp;Constellation Brands, Inc. | 30648 | 4228198 |
| &nbsp;&nbsp;&nbsp;Diageo plc<sup>(a)</sup> | 37388 | 3225462 |
|  |  | 12276891 |
| **FOOD PRODUCTS - 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Magnum Ice Cream Company N.V. | 20604 | 326573 |
| &nbsp;&nbsp;&nbsp;Nestle, S.A.<sup>(a)</sup> | 45315 | 4476216 |
|  |  | 4802789 |
| **HOUSEHOLD PRODUCTS - 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Unilever Plc<sup>(a)</sup> | 91573 | 5988881 |
| **TOTAL CONSUMER STAPLES** |  | 23068561 |
| **FINANCIALS - 4.7%** |  |  |
| **BANKS - 4.0%** |  |  |
| &nbsp;&nbsp;&nbsp;U.S. Bancorp | 138650 | 7398364 |
| &nbsp;&nbsp;&nbsp;Wells Fargo & Company | 54028 | 5035409 |
|  |  | 12433773 |
| **DIVERSIFIED FINANCIAL SERVICES - 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Tradeweb Markets Inc. | 20368 | 2190375 |
| **TOTAL FINANCIALS** |  | 14624148 |

---

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **HEALTH CARE - 24.0%** |  |  |
| **HEALTH CARE EQUIPMENT & SUPPLIES - 8.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Abbott Laboratories | 68930 | $8636240 |
| &nbsp;&nbsp;&nbsp;Intuitive Surgical, Inc.<sup>(b)</sup> | 9382 | 5313589 |
| &nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | 19611 | 11363594 |
|  |  | 25313423 |
| **HEALTH CARE PROVIDERS & SERVICES - 6.7%** |  |  |
| &nbsp;&nbsp;&nbsp;CIGNA Corporation | 13036 | 3587898 |
| &nbsp;&nbsp;&nbsp;Elevance Health Inc. | 19715 | 6911093 |
| &nbsp;&nbsp;&nbsp;Quest Diagnostics Incorporated | 14551 | 2525035 |
| &nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | 23907 | 7891940 |
|  |  | 20915966 |
| **PHARMACEUTICALS - 9.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Eli Lilly and Company | 4853 | 5215422 |
| &nbsp;&nbsp;&nbsp;Haleon plc<sup>(a)</sup> | 553938 | 5600313 |
| &nbsp;&nbsp;&nbsp;Johnson & Johnson | 51580 | 10674481 |
| &nbsp;&nbsp;&nbsp;Merck & Co., Inc. | 43786 | 4608915 |
| &nbsp;&nbsp;&nbsp;Novo Nordisk A/S<sup>(a)</sup> | 50110 | 2549597 |
|  |  | 28648728 |
| **TOTAL HEALTH CARE** |  | 74878117 |
| **INDUSTRIALS - 2.2%** |  |  |
| **AEROSPACE & DEFENSE - 2.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Safran SA | 19514 | 6815577 |
| **TOTAL INDUSTRIALS** |  | 6815577 |

---

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **INFORMATION TECHNOLOGY - 41.9%** |  |  |
| **IT SERVICES - 17.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Accenture Plc | 27179 | $7292126 |
| &nbsp;&nbsp;&nbsp;Amadeus IT Group, S.A.<sup>(a)</sup> | 29161 | 2142459 |
| &nbsp;&nbsp;&nbsp;Microsoft Corporation | 45847 | 22172526 |
| &nbsp;&nbsp;&nbsp;salesforce.com, inc. | 35701 | 9457552 |
| &nbsp;&nbsp;&nbsp;SAP AG<sup>(a)</sup> | 28862 | 7010868 |
| &nbsp;&nbsp;&nbsp;Visa, Inc. | 21874 | 7671430 |
|  |  | 55746961 |
| **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 17.2%** |  |  |
| &nbsp;&nbsp;&nbsp;ASML Holding N.V. | 4607 | 4928845 |
| &nbsp;&nbsp;&nbsp;Broadcom Inc. | 23779 | 8229912 |
| &nbsp;&nbsp;&nbsp;KLA-Tencor Corporation | 3953 | 4803211 |
| &nbsp;&nbsp;&nbsp;Lam Research Corporation | 81474 | 13946720 |
| &nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co., Ltd.<sup>(a)</sup> | 50552 | 15362247 |
| &nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | 36333 | 6303412 |
|  |  | 53574347 |
| **SOFTWARE - 2.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Dassault Systèmes SE<sup>(a)</sup> | 97453 | 2720888 |
| &nbsp;&nbsp;&nbsp;Uber Technologies, Inc.<sup>(b)</sup> | 52063 | 4254068 |
|  |  | 6974956 |
| **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 4.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Apple, Inc. | 51241 | 13930378 |
| **TOTAL INFORMATION TECHNOLOGY** |  | 130226642 |
| **TOTAL COMMON STOCK** |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $253,643,677) |  | 308734542 |
| **Short Term Investments - 0.9%** |  |  |

---

---

| | | |
|:---|:---|:---|
| **Money Market - 0.9%** | Par Value | Value |
| &nbsp;&nbsp;&nbsp;UMB Money Market Special II, 3.48%<sup>(c)</sup> | 2716412 | $2716412 |
| &nbsp;&nbsp;&nbsp;(Cost $2,716,412) |  |  |
| **TOTAL INVESTMENTS - 100.2%** |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $256,360,089) |  | 311450954 |
| **OTHER ASSETS & LIABILITIES (NET) - (0.2)%** |  | (487828) |
| **NET ASSETS - 100%** |  | $310963126 |

---

(a) ADR
 - American Depositary Receipts

(b) Non-Income
 producing security

(c) Interest
 rate reflects seven-day effective yield on December 31, 2025.

(d) At
 December 31, 2025, the unrealized appreciation of investments based on aggregate cost for federal
 tax purposes of $260,222,481 was as follows:

---

| | |
|:---|:---|
| Aggregate gross unrealized appreciation for all investments in which there is an excess of value over tax cost | $61339482 |
| Aggregate gross unrealized depreciation for all investments in which there is an excess of tax cost over value | (10111009) |
| Net unrealized appreciation/(depreciation) | $51228473 |

---

The percentage of each investment category is calculated as a percentage of net assets.

---

| | |
|:---|:---|
| **<u>SECTOR ALLOCATIONS</u>** <u>(as a percentage of Total Net Assets)</u> | |
| &nbsp;&nbsp;&nbsp;Information Technology | 41.9% |
| &nbsp;&nbsp;&nbsp;Health Care | 24.0% |
| &nbsp;&nbsp;&nbsp;Communication Services | 9.8% |
| &nbsp;&nbsp;&nbsp;Consumer Discretionary | 9.3% |
| &nbsp;&nbsp;&nbsp;Consumer Staples | 7.4% |
| &nbsp;&nbsp;&nbsp;Financials | 4.7% |
| &nbsp;&nbsp;&nbsp;Industrials | 2.2% |
| &nbsp;&nbsp;&nbsp;CASH + other assets (net) | 0.7% |
|  | 100.0% |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Pear Tree Funds

- **b. Investment Company Act file number:** 811-03790

- **c. CIK number of Registrant:** 0000722885

- **d. LEI of Registrant:** 549300NANVEIFBMHLV32

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

  - **Street Address 1:** 55 OLD BEDFORD ROADSUITE 202

  - **City:** Lincoln

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 01773

  - **Telephone number:** 8003311244

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

- **a. Name of Series:** Pear tree quality fund

- **b. EDGAR series identifier (if any):** S000009492

- **c. LEI of Series:** 549300ODZXI9J0UJJ525

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

- **a. Date of fiscal year-end:** 2026-03-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $312024973.90

**Total Liabilities:** $1061847.79

**Net Assets:** $310963126.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000025970 | 2.18%                | 1.26%                | 0.97%                |
| Class ID C000025969 | 2.16%                | 1.21%                | 0.92%                |
| Class ID C000177798 | 2.14%                | 1.32%                | 1.06%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $11196042.54             | $-4066260.12                               |
| Month 2  | $3372316.82              | $580775.46                                 |
| Month 3  | $5801557.24              | $-3255982.28                               |

### Schedule of Portfolio Investments

| Name                                         | Title                                        | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abbott Laboratories                          | Abbott Laboratories                          | CUSIP: 002824100<br>LEI: N/A | Long             | EC               | CORP              | US        |     68930 | NS      | $8636239.70   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture Plc                                | Accenture Plc                                | CUSIP: G1151C101<br>LEI: N/A | Long             | EC               | CORP              | IE        |     27179 | NS      | $7292125.70   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc. Class A                       | Alphabet, Inc. Class A                       | CUSIP: 02079K305<br>LEI: N/A | Long             | EC               | CORP              | US        |     55501 | NS      | $17371813.00  | 5.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group, S.A.                       | Amadeus IT Group, S.A.                       | CUSIP: 02263T104<br>LEI: N/A | Long             | EC               | CORP              | ES        |     29161 | NS      | $2142458.67   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                             | Amazon.com, Inc.                             | CUSIP: 023135106<br>LEI: N/A | Long             | EC               | CORP              | US        |     34016 | NS      | $7851573.12   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                  | Apple, Inc.                                  | CUSIP: 037833100<br>LEI: N/A | Long             | EC               | CORP              | US        |     51241 | NS      | $13930378.26  | 4.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                            | ASML Holding N.V.                            | CUSIP: N07059210<br>LEI: N/A | Long             | EC               | CORP              | NL        |      4607 | NS      | $4928845.02   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc.                                | Broadcom Inc.                                | CUSIP: 11135F101<br>LEI: N/A | Long             | EC               | CORP              | SG        |     23779 | NS      | $8229911.90   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA Corporation                            | CIGNA Corporation                            | CUSIP: 125523100<br>LEI: N/A | Long             | EC               | CORP              | US        |     13036 | NS      | $3587898.28   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Company (The)                      | Coca-Cola Company (The)                      | CUSIP: 191216100<br>LEI: N/A | Long             | EC               | CORP              | US        |     68992 | NS      | $4823230.72   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Group Plc                            | Compass Group Plc                            | CUSIP: 20449X401<br>LEI: N/A | Long             | EC               | CORP              | GB        |    209026 | NS      | $6686741.74   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.                   | Constellation Brands, Inc.                   | CUSIP: 21036P108<br>LEI: N/A | Long             | EC               | CORP              | US        |     30648 | NS      | $4228198.08   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Dassault Systemes SE                         | Dassault Systemes SE                         | CUSIP: 237545108<br>LEI: N/A | Long             | EC               | CORP              | FR        |     97453 | NS      | $2720887.76   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo plc                                   | Diageo plc                                   | CUSIP: 25243Q205<br>LEI: N/A | Long             | EC               | CORP              | GB        |     37388 | NS      | $3225462.76   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc.                         | Elevance Health Inc.                         | CUSIP: 036752103<br>LEI: N/A | Long             | EC               | CORP              | US        |     19715 | NS      | $6911093.25   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly and Company                        | Eli Lilly and Company                        | CUSIP: 532457108<br>LEI: N/A | Long             | EC               | CORP              | US        |      4853 | NS      | $5215422.04   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon plc                                   | Haleon plc                                   | CUSIP: 405552100<br>LEI: N/A | Long             | EC               | CORP              | GB        |    553938 | NS      | $5600313.18   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc.               | Hilton Worldwide Holdings Inc.               | CUSIP: 43300A203<br>LEI: N/A | Long             | EC               | CORP              | US        |     16583 | NS      | $4763466.75   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical, Inc.                     | Intuitive Surgical, Inc.                     | CUSIP: 46120E602<br>LEI: N/A | Long             | EC               | CORP              | US        |      9382 | NS      | $5313589.52   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                            | Johnson & Johnson                            | CUSIP: 478160104<br>LEI: N/A | Long             | EC               | CORP              | US        |     51580 | NS      | $10674481.00  | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA-Tencor Corporation                       | KLA-Tencor Corporation                       | CUSIP: 482480100<br>LEI: N/A | Long             | EC               | CORP              | US        |      3953 | NS      | $4803211.24   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corporation                     | Lam Research Corporation                     | CUSIP: 512807306<br>LEI: N/A | Long             | EC               | CORP              | US        |     81474 | NS      | $13946719.32  | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy-Louis Vuitton S.A.        | LVMH Moet Hennessy-Louis Vuitton S.A.        | CUSIP: 502441306<br>LEI: N/A | Long             | EC               | CORP              | FR        |     32874 | NS      | $4957727.94   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnum Ice Cream Company N.V.                | Magnum Ice Cream Company N.V.                | CUSIP: N5505D105<br>LEI: N/A | Long             | EC               | CORP              | NL        |     20604 | NS      | $326573.40    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc.                            | Merck & Co., Inc.                            | CUSIP: 58933Y105<br>LEI: N/A | Long             | EC               | CORP              | US        |     43786 | NS      | $4608914.36   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                         | Meta Platforms, Inc.                         | CUSIP: 30303M102<br>LEI: N/A | Long             | EC               | CORP              | US        |     19614 | NS      | $12947005.26  | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation                        | Microsoft Corporation                        | CUSIP: 594918104<br>LEI: N/A | Long             | EC               | CORP              | US        |     45847 | NS      | $22172526.14  | 7.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle, S.A.                                 | Nestle, S.A.                                 | CUSIP: 641069406<br>LEI: N/A | Long             | EC               | CORP              | CN        |     45315 | NS      | $4476215.70   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                             | Novo Nordisk A/S                             | CUSIP: 670100205<br>LEI: N/A | Long             | EC               | CORP              | DK        |     50110 | NS      | $2549596.80   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Incorporated               | Quest Diagnostics Incorporated               | CUSIP: 74834L100<br>LEI: N/A | Long             | EC               | CORP              | US        |     14551 | NS      | $2525035.03   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                    | Safran SA                                    | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | CORP              | FR        |     19514 | NS      | $6815576.75   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| salesforce.com, inc.                         | salesforce.com, inc.                         | CUSIP: 79466L302<br>LEI: N/A | Long             | EC               | CORP              | US        |     35701 | NS      | $9457551.91   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP AG                                       | SAP AG                                       | CUSIP: 803054204<br>LEI: N/A | Long             | EC               | CORP              | DE        |     28862 | NS      | $7010868.42   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | Taiwan Semiconductor Manufacturing Co., Ltd. | CUSIP: 874039100<br>LEI: N/A | Long             | EC               | CORP              | TW        |     50552 | NS      | $15362247.28  | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments, Inc.                      | Texas Instruments, Inc.                      | CUSIP: 882508104<br>LEI: N/A | Long             | EC               | CORP              | US        |     36333 | NS      | $6303412.17   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.               | Thermo Fisher Scientific, Inc.               | CUSIP: 883556102<br>LEI: N/A | Long             | EC               | CORP              | US        |     19611 | NS      | $11363593.95  | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Companies, Inc. (The)                    | TJX Companies, Inc. (The)                    | CUSIP: 872540109<br>LEI: N/A | Long             | EC               | CORP              | US        |     29576 | NS      | $4543169.36   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc.                        | Tradeweb Markets Inc.                        | CUSIP: 892672106<br>LEI: N/A | Long             | EC               | CORP              | US        |     20368 | NS      | $2190374.72   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp                                 | U.S. Bancorp                                 | CUSIP: 902973304<br>LEI: N/A | Long             | EC               | CORP              | US        |    138650 | NS      | $7398364.00   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies, Inc.                      | Uber Technologies, Inc.                      | CUSIP: 90353T100<br>LEI: N/A | Long             | EC               | CORP              | US        |     52063 | NS      | $4254067.73   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever Plc                                 | Unilever Plc                                 | CUSIP: 904767803<br>LEI: N/A | Long             | EC               | CORP              | GB        |     91573 | NS      | $5988880.61   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group, Inc.                     | UnitedHealth Group, Inc.                     | CUSIP: 91324P102<br>LEI: N/A | Long             | EC               | CORP              | US        |     23907 | NS      | $7891939.77   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa, Inc.                                   | Visa, Inc.                                   | CUSIP: 92826C839<br>LEI: N/A | Long             | EC               | CORP              | US        |     21874 | NS      | $7671430.54   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Company                        | Wells Fargo & Company                        | CUSIP: 949746101<br>LEI: N/A | Long             | EC               | CORP              | US        |     54028 | NS      | $5035409.60   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Money Market Special II                  | UMB Money Market Special II                  | CUSIP: SF8888628<br>LEI: N/A | Long             | STIV             | CORP              | US        |   2716412 | OU      | $2716411.96   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-19

**Name of Applicant:** Pear Tree Funds

**Signature:** Diane Hunt

**Name of Signer:** Diane Hunt

**Title:** Assistant Treasurer