# EDGAR Filing Document

**Accession Number:** 0000702340
**File Stem:** 0000940400-25-009806
**Filing Date:** 2025-11
**Character Count:** 65296
**Document Hash:** c3b28cad8a8935f9d2debce9771fb1f9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009806.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009806

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PENN SERIES FUNDS INC
- **CENTRAL INDEX KEY:** 0000702340

**ORGANIZATION NAME:**
- **EIN:** 232209178
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03459
- **FILM NUMBER:** 251513167

**BUSINESS ADDRESS:**
- **STREET 1:** 600 DRESHER RD
- **STREET 2:** C3D
- **CITY:** HORSHAM
- **STATE:** PA
- **ZIP:** 19044
- **BUSINESS PHONE:** (215) 956-8835

**MAIL ADDRESS:**
- **STREET 1:** 600 DRESHER ROAD
- **STREET 2:** C3D
- **CITY:** HORSHAM
- **STATE:** PA
- **ZIP:** 19044

## Series and Classes Contracts Data

### Small Cap Growth Fund (Series ID: S000006737)

| Class ID   | Class Name            | Ticker Symbol   |
|:---|:---|:---|
| C000018300 | Small Cap Growth Fund |  |

## Nport-Ex

#### Penn Series Funds, Inc.<br>

#### Schedule of Investments — September 30, 2025 (Unaudited)<br>

#### Small Cap Growth Fund<br>

---

| | | |
|:---|:---|:---|
|  | **Number of<br> Shares** | &nbsp;&nbsp;**Value†** |
| **COMMON STOCKS — 98.3%** | **COMMON STOCKS — 98.3%** | **COMMON STOCKS — 98.3%** |
| **Aerospace & Defense — 1.7%** | **Aerospace & Defense — 1.7%** | **Aerospace & Defense — 1.7%** |
| Loar Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;8713 | &nbsp;&nbsp;&nbsp;$697040 |
| StandardAero, Inc.\* | 22456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612824 |
| Voyager Technologies, Inc., Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;9153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272576 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1582440 |
| **Apparel — 1.6%** | **Apparel — 1.6%** | **Apparel — 1.6%** |
| Gildan Activewear, Inc. | &nbsp;&nbsp;19742 | &nbsp;&nbsp;&nbsp;&nbsp;1141088 |
| On Holding AG, Class A\* | &nbsp;&nbsp;&nbsp;8570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362939 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1504027 |
| **Banks — 0.9%** | **Banks — 0.9%** | **Banks — 0.9%** |
| Walker & Dunlop, Inc. | &nbsp;&nbsp;10322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863126 |
| **Biotechnology — 9.9%** | **Biotechnology — 9.9%** | **Biotechnology — 9.9%** |
| 89bio, Inc.\* | &nbsp;&nbsp;32354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475604 |
| Akero Therapeutics, Inc.\* | &nbsp;&nbsp;&nbsp;5938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281936 |
| Arcellx, Inc.\* | &nbsp;&nbsp;&nbsp;4393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360665 |
| Avidity Biosciences, Inc.\* | &nbsp;&nbsp;26321 | &nbsp;&nbsp;&nbsp;&nbsp;1146806 |
| Biohaven Ltd.\* | &nbsp;&nbsp;12953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194425 |
| Bridgebio Pharma, Inc.\* | &nbsp;&nbsp;16174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840078 |
| Crinetics Pharmaceuticals, Inc.\* | &nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283220 |
| Disc Medicine, Inc.\* | &nbsp;&nbsp;&nbsp;3034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200487 |
| Edgewise Therapeutics, Inc.\* | &nbsp;&nbsp;&nbsp;5743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93152 |
| Ideaya Biosciences, Inc.\* | 13696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372668 |
| Insmed, Inc.\* | &nbsp;&nbsp;&nbsp;4643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668638 |
| Janux Therapeutics, Inc.\* | &nbsp;&nbsp;&nbsp;8440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206274 |
| Ligand Pharmaceuticals, Inc.\* | &nbsp;&nbsp;&nbsp;7690 | &nbsp;&nbsp;&nbsp;&nbsp;1362207 |
| Metsera, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;9231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483058 |
| Nuvalent, Inc., Class A\* | &nbsp;&nbsp;&nbsp;4530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391754 |
| Revolution Medicines, Inc.\* | &nbsp;&nbsp;12342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576371 |
| Soleno Therapeutics, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;7374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498482 |
| Structure Therapeutics, Inc., ADR\* | &nbsp;&nbsp;&nbsp;7644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214032 |
| Travere Therapeutics, Inc.\* | &nbsp;&nbsp;13499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322626 |
| Xenon Pharmaceuticals, Inc.\* | &nbsp;&nbsp;&nbsp;7786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312608 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;9285091 |
| **Building Materials — 2.1%** | **Building Materials — 2.1%** | **Building Materials — 2.1%** |
| Carlisle Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691803 |
| SPX Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;6808 | &nbsp;&nbsp;&nbsp;&nbsp;1271598 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1963401 |
| **Chemicals — 1.8%** | **Chemicals — 1.8%** | **Chemicals — 1.8%** |
| Sensient Technologies Corp. | 18040 | &nbsp;&nbsp;&nbsp;&nbsp;1693054 |
| **Commercial Services — 10.3%** | **Commercial Services — 10.3%** | **Commercial Services — 10.3%** |
| Alight, Inc., Class A | 99306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323738 |
| CBIZ, Inc.\* | &nbsp;&nbsp;&nbsp;8440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446982 |
| Colliers International Group, Inc. | &nbsp;&nbsp;&nbsp;3954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;617654 |
| Euronet Worldwide, Inc.\* | &nbsp;&nbsp;11096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;974340 |
| Legence Corp., Class A\* | &nbsp;&nbsp;12623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388915 |
| Paylocity Holding Corp.\* | &nbsp;&nbsp;&nbsp;6062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;965495 |
| Rentokil Initial PLC, ADR | 58588 | &nbsp;&nbsp;&nbsp;&nbsp;1479347 |
| Shift4 Payments, Inc., Class A\* | &nbsp;&nbsp;15261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1181201 |
| Stride, Inc.\* | &nbsp;&nbsp;14561 | &nbsp;&nbsp;&nbsp;&nbsp;2168715 |
| UL Solutions, Inc., Class A | &nbsp;&nbsp;&nbsp;7308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517845 |
| WEX, Inc.\* | &nbsp;&nbsp;&nbsp;4337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683208 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;9747440 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> Shares** | &nbsp;&nbsp;**Value†** |
| **Computers — 1.0%** | **Computers — 1.0%** | **Computers — 1.0%** |
| CACI International, Inc., Class A\* | &nbsp;&nbsp;&nbsp;1709 | &nbsp;&nbsp;&nbsp;&nbsp;$852415 |
| Figure Technology Solutions, Inc., Class A\* | &nbsp;&nbsp;&nbsp;2510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91289 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;943704 |
| **Cosmetics & Personal Care — 1.1%** | **Cosmetics & Personal Care — 1.1%** | **Cosmetics & Personal Care — 1.1%** |
| Oddity Tech Ltd., Class A\* | &nbsp;&nbsp;16041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999354 |
| **Distribution & Wholesale — 1.7%** | **Distribution & Wholesale — 1.7%** | **Distribution & Wholesale — 1.7%** |
| Core & Main, Inc., Class A\* | &nbsp;&nbsp;22182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1194057 |
| SiteOne Landscape Supply, Inc.\* | &nbsp;&nbsp;2890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372232 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1566289 |
| **Diversified Financial Services — 3.6%** | **Diversified Financial Services — 3.6%** | **Diversified Financial Services — 3.6%** |
| Cboe Global Markets, Inc. | &nbsp;&nbsp;&nbsp;5550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1361137 |
| Hamilton Lane, Inc., Class A | &nbsp;&nbsp;&nbsp;3664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493871 |
| LPL Financial Holdings, Inc. | &nbsp;&nbsp;&nbsp;4739 | &nbsp;&nbsp;&nbsp;&nbsp;1576618 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3431626 |
| **Electric — 1.4%** | **Electric — 1.4%** | **Electric — 1.4%** |
| NRG Energy, Inc. | &nbsp;&nbsp;8049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1303535 |
| **Electrical Components & Equipment — 0.5%** | **Electrical Components & Equipment — 0.5%** | **Electrical Components & Equipment — 0.5%** |
| Novanta, Inc.\* | &nbsp;&nbsp;&nbsp;4819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482623 |
| **Electronics — 7.3%** | **Electronics — 7.3%** | **Electronics — 7.3%** |
| Bel Fuse, Inc., Class B | &nbsp;&nbsp;&nbsp;8197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1155941 |
| Itron, Inc.\* | &nbsp;&nbsp;&nbsp;4891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609223 |
| Mirion Technologies, Inc.\* | 95126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2212631 |
| Napco Security Technologies, Inc. | &nbsp;&nbsp;17745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762148 |
| OSI Systems, Inc.\* | &nbsp;&nbsp;8669 | &nbsp;&nbsp;&nbsp;&nbsp;2160661 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6900604 |
| **Engineering & Construction — 1.3%** | **Engineering & Construction — 1.3%** | **Engineering & Construction — 1.3%** |
| Sterling Infrastructure, Inc.\* | &nbsp;&nbsp;&nbsp;3733 | &nbsp;&nbsp;&nbsp;&nbsp;1268025 |
| **Entertainment — 1.3%** | **Entertainment — 1.3%** | **Entertainment — 1.3%** |
| Atlanta Braves Holdings, Inc., Class C\* | 14294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594487 |
| Inspired Entertainment, Inc.\* | 37349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350334 |
| Manchester United PLC, Class A\* | 18476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279727 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1224548 |
| **Environmental Control — 3.0%** | **Environmental Control — 3.0%** | **Environmental Control — 3.0%** |
| CECO Environmental Corp.\* | 25749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1318349 |
| Clean Harbors, Inc.\* | &nbsp;&nbsp;&nbsp;3765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;874308 |
| Montrose Environmental Group, Inc.\* | 21430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588468 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2781125 |
| **Food — 0.9%** | **Food — 0.9%** | **Food — 0.9%** |
| Premium Brands Holdings Corp. | 12240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821893 |
| **Food Service — 1.1%** | **Food Service — 1.1%** | **Food Service — 1.1%** |
| Aramark | 27753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1065715 |
| **Hand & Machine Tools — 0.5%** | **Hand & Machine Tools — 0.5%** | **Hand & Machine Tools — 0.5%** |
| MSA Safety, Inc. | &nbsp;&nbsp;&nbsp;2639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454093 |
| **Healthcare Products — 5.2%** | **Healthcare Products — 5.2%** | **Healthcare Products — 5.2%** |
| Beta Bionics, Inc.\* | &nbsp;&nbsp;&nbsp;9739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193514 |
| Bruker Corp. | &nbsp;&nbsp;&nbsp;7626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247769 |
| Caris Life Sciences, Inc.\* | 18990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574448 |

---

------

#### Penn Series Funds, Inc.<br>

#### Schedule of Investments — September 30, 2025 (Unaudited)<br>

#### Small Cap Growth Fund<br>

---

| | | |
|:---|:---|:---|
|  | **Number of<br> Shares** | &nbsp;&nbsp;**Value†** |
| **COMMON STOCKS — (continued)** | **COMMON STOCKS — (continued)** | **COMMON STOCKS — (continued)** |
| **Healthcare Products — (continued)** | **Healthcare Products — (continued)** | **Healthcare Products — (continued)** |
| Glaukos Corp.\* | &nbsp;&nbsp;&nbsp;9190 | &nbsp;&nbsp;&nbsp;$749444 |
| Globus Medical, Inc., Class A\* | 19090 | &nbsp;&nbsp;&nbsp;&nbsp;1093284 |
| ICU Medical, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;7199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863592 |
| Lantheus Holdings, Inc.\* | &nbsp;&nbsp;13752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705340 |
| STERIS PLC | &nbsp;&nbsp;&nbsp;1848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457269 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4884660 |
| **Healthcare Services — 0.7%** | **Healthcare Services — 0.7%** | **Healthcare Services — 0.7%** |
| HealthEquity, Inc.\* | &nbsp;&nbsp;&nbsp;6958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659410 |
| **Home Builders — 0.9%** | **Home Builders — 0.9%** | **Home Builders — 0.9%** |
| Dream Finders Homes, Inc., Class A\* | &nbsp;&nbsp;17290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448157 |
| Thor Industries, Inc. | &nbsp;&nbsp;&nbsp;3602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373491 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821648 |
| **Insurance — 1.0%** | **Insurance — 1.0%** | **Insurance — 1.0%** |
| Baldwin Insurance Group, Inc.\* | &nbsp;&nbsp;12503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352710 |
| RLI Corp. | &nbsp;&nbsp;&nbsp;8393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547391 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900101 |
| **Internet — 0.6%** | **Internet — 0.6%** | **Internet — 0.6%** |
| Ziff Davis, Inc.\* | 13899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529552 |
| **Machinery — Diversified — 4.0%** | **Machinery — Diversified — 4.0%** | **Machinery — Diversified — 4.0%** |
| ATS Corp.\* | &nbsp;&nbsp;21705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567852 |
| CSW Industrials, Inc. | &nbsp;&nbsp;&nbsp;2246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545216 |
| Gates Industrial Corp. PLC\* | &nbsp;&nbsp;36201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;898509 |
| Kornit Digital Ltd.\* | 22608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305208 |
| Zurn Elkay Water Solutions Corp. | 31880 | &nbsp;&nbsp;&nbsp;&nbsp;1499316 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3816101 |
| **Miscellaneous Manufacturing — 2.2%** | **Miscellaneous Manufacturing — 2.2%** | **Miscellaneous Manufacturing — 2.2%** |
| Enpro, Inc. | &nbsp;&nbsp;&nbsp;3676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;830776 |
| ITT, Inc. | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1251320 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2082096 |
| **Oil & Gas — 2.1%** | **Oil & Gas — 2.1%** | **Oil & Gas — 2.1%** |
| California Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;7418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394489 |
| Magnolia Oil & Gas Corp., Class A | 50855 | &nbsp;&nbsp;&nbsp;&nbsp;1213909 |
| Weatherford International PLC | &nbsp;&nbsp;&nbsp;5735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392446 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2000844 |
| **Packaging and Containers — 1.8%** | **Packaging and Containers — 1.8%** | **Packaging and Containers — 1.8%** |
| Crown Holdings, Inc. | &nbsp;&nbsp;17915 | &nbsp;&nbsp;&nbsp;&nbsp;1730410 |
| **Pharmaceuticals — 5.6%** | **Pharmaceuticals — 5.6%** | **Pharmaceuticals — 5.6%** |
| Ascendis Pharma A/S, ADR\* | &nbsp;&nbsp;&nbsp;4468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888283 |
| Avadel Pharmaceuticals PLC\* | 47587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726654 |
| BellRing Brands, Inc.\* | &nbsp;&nbsp;10169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369643 |
| Centessa Pharmaceuticals PLC, ADR\* | &nbsp;&nbsp;14733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357275 |
| Madrigal Pharmaceuticals, Inc.\* | &nbsp;&nbsp;&nbsp;1499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687531 |
| Mirum Pharmaceuticals, Inc.\* | 14406 | &nbsp;&nbsp;&nbsp;&nbsp;1056104 |
| Vaxcyte, Inc.\* | 10905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392798 |
| Verona Pharma PLC, ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;7410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790721 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5269009 |
| **Retail — 2.4%** | **Retail — 2.4%** | **Retail — 2.4%** |
| Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp;2778 | &nbsp;&nbsp;&nbsp;&nbsp;1570459 |
| Portillo's, Inc., Class A\* | &nbsp;&nbsp;33105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213527 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> Shares** | &nbsp;&nbsp;**Value†** |
| **Retail — (continued)** | **Retail — (continued)** | **Retail — (continued)** |
| Wingstop, Inc. | &nbsp;&nbsp;&nbsp;1928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$485239 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2269225 |
| **Semiconductors — 2.2%** | **Semiconductors — 2.2%** | **Semiconductors — 2.2%** |
| Entegris, Inc. | &nbsp;&nbsp;&nbsp;5007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462947 |
| MACOM Technology Solutions Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;3561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443309 |
| Nova Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;1541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492596 |
| ON Semiconductor Corp.\* | &nbsp;&nbsp;13621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;671652 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2070504 |
| **Software — 15.0%** | **Software — 15.0%** | **Software — 15.0%** |
| Alkami Technology, Inc.\* | &nbsp;&nbsp;&nbsp;19131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475214 |
| Asure Software, Inc.\* | 51065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418733 |
| Blackbaud, Inc.\* | 12787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;822332 |
| Broadridge Financial Solutions, Inc. | &nbsp;&nbsp;&nbsp;5248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1249916 |
| Bullish\* | &nbsp;&nbsp;&nbsp;5814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369829 |
| Clearwater Analytics Holdings, Inc., Class A\* | 21758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392079 |
| Consensus Cloud Solutions, Inc.\* | 21500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;631455 |
| Doximity, Inc., Class A\* | &nbsp;&nbsp;11813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;864121 |
| Dynatrace, Inc.\* | 22035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1067596 |
| HeartFlow, Inc.\* | 23520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;791683 |
| Kinaxis, Inc.\* | &nbsp;&nbsp;&nbsp;3870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499566 |
| Nice Ltd., ADR\* | &nbsp;&nbsp;&nbsp;2875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416242 |
| PagerDuty, Inc.\* | 24576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405996 |
| PDF Solutions, Inc.\* | 22184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572791 |
| Procore Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;6035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440072 |
| SS&C Technologies Holdings, Inc. | 27665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2455545 |
| The Descartes Systems Group, Inc.\* | &nbsp;&nbsp;15937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500600 |
| Vertex, Inc., Class A\* | &nbsp;&nbsp;15118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374775 |
| Waystar Holding Corp.\* | &nbsp;&nbsp;11360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430771 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14179316 |
| **Telecommunications — 0.6%** | **Telecommunications — 0.6%** | **Telecommunications — 0.6%** |
| AST SpaceMobile, Inc.\* | &nbsp;&nbsp;12199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598727 |
| **Transportation — 1.0%** | **Transportation — 1.0%** | **Transportation — 1.0%** |
| Saia, Inc.\* | &nbsp;&nbsp;&nbsp;3180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;951965 |
| **TOTAL COMMON STOCKS<br> (Cost $63,359,577)** | **TOTAL COMMON STOCKS<br> (Cost $63,359,577)** | &nbsp;&nbsp;&nbsp;**92645281** |
| **REAL ESTATE INVESTMENT TRUSTS — 0.9%** | **REAL ESTATE INVESTMENT TRUSTS — 0.9%** | **REAL ESTATE INVESTMENT TRUSTS — 0.9%** |
| **Diversified — 0.9%** | **Diversified — 0.9%** | **Diversified — 0.9%** |
| Lamar Advertising Co., Class A<br> **(Cost $385,137)** | &nbsp;&nbsp;&nbsp;6723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**823030** |
| **RIGHTS — 0.0%** | **RIGHTS — 0.0%** | **RIGHTS — 0.0%** |
| OmniAb, Inc.\* | &nbsp;&nbsp;&nbsp;3339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2336 |
| OmniAb, Inc.\* | &nbsp;&nbsp;&nbsp;3339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2024 |
| **TOTAL RIGHTS<br> (Cost $8,726)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4360** |

---

------

#### Penn Series Funds, Inc.<br>

#### Schedule of Investments — September 30, 2025 (Unaudited)<br>

#### Small Cap Growth Fund<br>

---

| | |
|:---|:---|
| **Number ofShares** | &nbsp;&nbsp;**Value†** |
| **SHORT-TERM INVESTMENTS — 0.9%** | **SHORT-TERM INVESTMENTS — 0.9%** |

---

---

| | | |
|:---|:---|:---|
| BlackRock Liquidity FedFund - Institutional Shares (seven-day effective yield 4.027%)<br> **(Cost $879,636)** | 879636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$**879636** |
| **TOTAL INVESTMENTS — 100.1%<br> (Cost $64,633,076)** |  | &nbsp;&nbsp;**$94352307** |
| **Other Assets & Liabilities — (0.1)%** | **Other Assets & Liabilities — (0.1)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(66586)** |
| **TOTAL NET ASSETS — 100.0%** |  | &nbsp;&nbsp;**$94285721** |

---

------

† See Security Valuation Note in the most recent semi-annual or annual report. <br> \* Non-income producing security.

---

| |
|:---|
| A/S— Aktieselskab. |
| ADR— American Depositary Receipt. |
| AG— Aktiengesellschaft. |
| PLC— Public Limited Company. |

---

---

| | |
|:---|:---|
| **Country Weightings as of 9/30/2025††** | **Country Weightings as of 9/30/2025††** |
| United States | &nbsp;&nbsp;&nbsp;87% |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp;6 |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;3 |
| Israel | &nbsp;&nbsp;&nbsp;&nbsp;2 |
| Denmark | &nbsp;&nbsp;&nbsp;&nbsp;1 |
| Ireland | &nbsp;&nbsp;&nbsp;&nbsp;1 |
| Total | 100% |

---

---

| | |
|:---|:---|
| †† | % of total investments as of September 30, 2025. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Penn Series Funds Inc

- **b. Investment Company Act file number:** 811-03459

- **c. CIK number of Registrant:** 0000702340

- **d. LEI of Registrant:** 549300GLJSCMRCVZWX45

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

  - **Street Address 1:** Eight Tower Bridge

  - **City:** Conshohocken

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19428

  - **Telephone number:** 215-956-8114

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

- **a. Name of Series:** Penn Series Small Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000006737

- **c. LEI of Series:** 4D7MG2P308L6RBUJ4M59

**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:** $94410789.77

**Total Liabilities:** $173476.67

**Net Assets:** $94237313.10

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018300 | 1.94%                | 1.97%                | -0.08%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $538841.72               | $1349898.60                                |
| Month 2  | $1219146.73              | $621089.91                                 |
| Month 3  | $27744.08                | $-65461.72                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Premium Brands Holdings Corp   | Premium Brands Holdings Corp            | CUSIP: 74061A108<br>LEI: 529900F5EXPGUY8WV366 | Long             | EC               | CORP              | CA        |     12240 | NS      | $821892.65    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Figure Technology Solutions In | Figure Technology Solutions Inc         | CUSIP: 349381103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2510 | NS      | $91288.70     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Disc Medicine Inc              | Disc Medicine Inc                       | CUSIP: 254604101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3034 | NS      | $200486.72    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group Inc/Th | Descartes Systems Group Inc/The         | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |     15937 | NS      | $1500599.61   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                | Core & Main Inc                         | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22182 | NS      | $1194057.06   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenon Pharmaceuticals Inc      | Xenon Pharmaceuticals Inc               | CUSIP: 98420N105<br>LEI: 549300XV44Q9Z1MIPQ03 | Long             | EC               | CORP              | CA        |      7786 | NS      | $312607.90    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp        | Magnolia Oil & Gas Corp                 | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50855 | NS      | $1213908.85   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc               | Carlisle Cos Inc                        | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      2103 | NS      | $691802.88    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Centessa Pharmaceuticals PLC   | Centessa Pharmaceuticals PLC            | CUSIP: 152309100<br>LEI: 213800GIDAARDSKOI827 | Long             | EC               | CORP              | US        |     14733 | NS      | $357275.25    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                   | Wingstop Inc                            | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |      1928 | NS      | $485239.04    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkami Technology Inc          | Alkami Technology Inc                   | CUSIP: 01644J108<br>LEI: 254900FCNYU4HNEV9L47 | Long             | EC               | CORP              | US        |     19131 | NS      | $475214.04    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziff Davis Inc                 | Ziff Davis Inc                          | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |     13899 | NS      | $529551.90    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Dream Finders Homes Inc        | Dream Finders Homes Inc                 | CUSIP: 26154D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17290 | NS      | $448156.80    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc             | Crown Holdings Inc                      | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |     17915 | NS      | $1730409.85   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Travere Therapeutics Inc       | Travere Therapeutics Inc                | CUSIP: 89422G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13499 | NS      | $322626.10    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Loar Holdings Inc              | Loar Holdings Inc                       | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8713 | NS      | $697040.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc         | CACI International Inc                  | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      1709 | NS      | $852415.02    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Avadel Pharmaceuticals PLC     | Avadel Pharmaceuticals PLC              | CUSIP: 000000000<br>LEI: 549300E27PTSG2RHC762 | Long             | EC               | CORP              | IE        |     47587 | NS      | $726653.49    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Itron Inc                      | Itron Inc                               | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |      4891 | NS      | $609222.96    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Oddity Tech Ltd                | Oddity Tech Ltd                         | CUSIP: 000000000<br>LEI: 254900QH12XZS53G0V57 | Long             | EC               | CORP              | IL        |     16041 | NS      | $999354.30    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc             | Globus Medical Inc                      | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     19090 | NS      | $1093284.30   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                   | Doximity Inc                            | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11813 | NS      | $864120.95    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Portillo's Inc                 | Portillo's Inc                          | CUSIP: 73642K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33105 | NS      | $213527.25    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro Inc                      | Enpro Inc                               | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |      3676 | NS      | $830776.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Asure Software Inc             | Asure Software Inc                      | CUSIP: 04649U102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51065 | NS      | $418733.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| HeartFlow Inc                  | HeartFlow Inc                           | CUSIP: 42238D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23520 | NS      | $791683.20    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Rentokil Initial PLC           | Rentokil Initial PLC                    | CUSIP: 760125104<br>LEI: 549300VN4WV7Z6T14K68 | Long             | EC               | CORP              | GB        |     58588 | NS      | $1479347.00   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| California Resources Corp      | California Resources Corp               | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |      7418 | NS      | $394489.24    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands Inc            | BellRing Brands Inc                     | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |     10169 | NS      | $369643.15    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                        | Aramark                                 | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |     27753 | NS      | $1065715.20   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide Inc          | Euronet Worldwide Inc                   | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     11096 | NS      | $974339.76    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Glaukos Corp                   | Glaukos Corp                            | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Long             | EC               | CORP              | US        |      9190 | NS      | $749444.50    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc                 | MSA Safety Inc                          | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |      2639 | NS      | $454092.73    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ATS Corp                       | ATS Corp                                | CUSIP: 00217Y104<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | EC               | CORP              | CA        |     21705 | NS      | $567851.58    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Alight Inc                     | Alight Inc                              | CUSIP: 01626W101<br>LEI: 549300600ESCO1HTVN74 | Long             | EC               | CORP              | US        |     99306 | NS      | $323737.56    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Colliers International Group I | Colliers International Group Inc        | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |      3954 | NS      | $617654.34    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AST SpaceMobile Inc            | AST SpaceMobile Inc                     | CUSIP: 00217D100<br>LEI: 254900MBSC9P2UCI6623 | Long             | EC               | CORP              | US        |     12199 | NS      | $598726.92    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp        | CECO Environmental Corp                 | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |     25749 | NS      | $1318348.80   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC      | Gates Industrial Corp PLC               | CUSIP: 000000000<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | US        |     36201 | NS      | $898508.82    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Napco Security Technologies In | Napco Security Technologies Inc         | CUSIP: 630402105<br>LEI: 529900KV21J4YY9YST76 | Long             | EC               | CORP              | US        |     17745 | NS      | $762147.75    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinaxis Inc                    | Kinaxis Inc                             | CUSIP: 49448Q109<br>LEI: 5299009VAZ14K7PFUQ15 | Long             | EC               | CORP              | CA        |      3870 | NS      | $499565.64    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Crinetics Pharmaceuticals Inc  | Crinetics Pharmaceuticals Inc           | CUSIP: 22663K107<br>LEI: 549300Q1CNFXK5P31D28 | Long             | EC               | CORP              | US        |      6800 | NS      | $283220.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Montrose Environmental Group I | Montrose Environmental Group Inc        | CUSIP: 615111101<br>LEI: 254900ASI8K3LUB8Q958 | Long             | EC               | CORP              | US        |     21430 | NS      | $588467.80    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackbaud Inc                  | Blackbaud Inc                           | CUSIP: 09227Q100<br>LEI: 54930056X3HKFMNG3754 | Long             | EC               | CORP              | US        |     12787 | NS      | $822331.97    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Inc                     | Vertex Inc                              | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |     15118 | NS      | $374775.22    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Cor | Zurn Elkay Water Solutions Corp         | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     31880 | NS      | $1499316.40   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PagerDuty Inc                  | PagerDuty Inc                           | CUSIP: 69553P100<br>LEI: 549300U1SB749EDAGH21 | Long             | EC               | CORP              | US        |     24576 | NS      | $405995.52    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Legence Corp                   | Legence Corp                            | CUSIP: 52476L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12623 | NS      | $388914.63    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewise Therapeutics Inc      | Edgewise Therapeutics Inc               | CUSIP: 28036F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5743 | NS      | $93151.46     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirum Pharmaceuticals Inc      | Mirum Pharmaceuticals Inc               | CUSIP: 604749101<br>LEI: 254900YZKR40F7F27K81 | Long             | EC               | CORP              | US        |     14406 | NS      | $1056103.86   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corp         | Paylocity Holding Corp                  | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |      6062 | NS      | $965494.74    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Structure Therapeutics Inc     | Structure Therapeutics Inc              | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7644 | NS      | $214032.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Waystar Holding Corp           | Waystar Holding Corp                    | CUSIP: 946784105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11360 | NS      | $430771.20    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc            | CSW Industrials Inc                     | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |      2246 | NS      | $545216.50    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc              | Hamilton Lane Inc                       | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |      3664 | NS      | $493870.56    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidity Biosciences Inc        | Avidity Biosciences Inc                 | CUSIP: 05370A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26321 | NS      | $1146805.97   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniAb, Inc.                   | OmniAb, Inc.                            | CUSIP: 68218J202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3339 | NS      | $2336.30      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Ideaya Biosciences Inc         | Ideaya Biosciences Inc                  | CUSIP: 45166A102<br>LEI: 549300ULW08F62IJML11 | Long             | EC               | CORP              | US        |     13696 | NS      | $372668.16    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Manchester United Plc          | Manchester United Plc                   | CUSIP: 000000000<br>LEI: 529900GWGZPE83MJOV59 | Long             | EC               | CORP              | GB        |     18476 | NS      | $279726.64    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S            | Ascendis Pharma A/S                     | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |      4468 | NS      | $888283.08    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc    | Sterling Infrastructure Inc             | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      3733 | NS      | $1268025.44   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Akero Therapeutics Inc         | Akero Therapeutics Inc                  | CUSIP: 00973Y108<br>LEI: 549300SI3KG74LBE2955 | Long             | EC               | CORP              | US        |      5938 | NS      | $281936.24    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc            | Shift4 Payments Inc                     | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15261 | NS      | $1181201.40   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp          | ON Semiconductor Corp                   | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     13621 | NS      | $671651.51    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Gildan Activewear Inc          | Gildan Activewear Inc                   | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |     19742 | NS      | $1141087.60   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Nova Ltd                       | Nova Ltd                                | CUSIP: 000000000<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | IL        |      1541 | NS      | $492596.06    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity FedFund    | BlackRock Liquidity FedFund             | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |    908980 | NS      | $908980.30    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX Inc                        | WEX Inc                                 | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |      4337 | NS      | $683207.61    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Soleno Therapeutics Inc        | Soleno Therapeutics Inc                 | CUSIP: 834203309<br>LEI: 5493003LCY77N7FXK844 | Long             | EC               | CORP              | US        |      7374 | NS      | $498482.40    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| SiteOne Landscape Supply Inc   | SiteOne Landscape Supply Inc            | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |      2890 | NS      | $372232.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlanta Braves Holdings Inc    | Atlanta Braves Holdings Inc             | CUSIP: 047726302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14294 | NS      | $594487.46    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co           | Lamar Advertising Co                    | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |      6723 | NS      | $823029.66    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                     | Insmed Inc                              | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      4643 | NS      | $668638.43    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Metsera Inc                    | Metsera Inc                             | CUSIP: 59267L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9231 | NS      | $483058.23    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuvalent Inc                   | Nuvalent Inc                            | CUSIP: 670703107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4530 | NS      | $391754.40    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniAb, Inc.                   | OmniAb, Inc.                            | CUSIP: 68218J301<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3339 | NS      | $2023.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Caris Life Sciences Inc        | Caris Life Sciences Inc                 | CUSIP: 142152107<br>LEI: 549300LX5LO78M5VPY43 | Long             | EC               | CORP              | US        |     18990 | NS      | $574447.50    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings  | Clearwater Analytics Holdings Inc       | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21758 | NS      | $392079.16    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PDF Solutions Inc              | PDF Solutions Inc                       | CUSIP: 693282105<br>LEI: 549300GMSP6MROFBI160 | Long             | EC               | CORP              | US        |     22184 | NS      | $572790.88    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc        | Cboe Global Markets Inc                 | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      5550 | NS      | $1361137.50   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma Inc           | Bridgebio Pharma Inc                    | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |     16174 | NS      | $840077.56    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                 | NRG Energy Inc                          | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      8049 | NS      | $1303535.55   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc | SS&C Technologies Holdings Inc          | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     27665 | NS      | $2455545.40   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Voyager Technologies Inc       | Voyager Technologies Inc                | CUSIP: 92892B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9153 | NS      | $272576.34    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Bullish                        | Bullish                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      5814 | NS      | $369828.54    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                     | STERIS PLC                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1848 | NS      | $457269.12    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc       | Procore Technologies Inc                | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |      6035 | NS      | $440072.20    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                  | On Holding AG                           | CUSIP: 000000000<br>LEI: 506700FB3467B9W95526 | Long             | EC               | CORP              | CH        |      8570 | NS      | $362939.50    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                  | Dynatrace Inc                           | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     22035 | NS      | $1067595.75   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Biohaven Ltd                   | Biohaven Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12953 | NS      | $194424.53    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corp                    | Bruker Corp                             | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |      7626 | NS      | $247768.74    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc          | Lantheus Holdings Inc                   | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     13752 | NS      | $705340.08    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc     | LPL Financial Holdings Inc              | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      4739 | NS      | $1576617.91   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies Inc        | Mirion Technologies Inc                 | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |     95126 | NS      | $2212630.76   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Hol | MACOM Technology Solutions Holdings Inc | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3561 | NS      | $443308.89    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp                       | RLI Corp                                | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |      8393 | NS      | $547391.46    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Janux Therapeutics Inc         | Janux Therapeutics Inc                  | CUSIP: 47103J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8440 | NS      | $206273.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Madrigal Pharmaceuticals Inc   | Madrigal Pharmaceuticals Inc            | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Long             | EC               | CORP              | US        |      1499 | NS      | $687531.34    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Kornit Digital Ltd             | Kornit Digital Ltd                      | CUSIP: 000000000<br>LEI: 5299006DPCQWP3VTFK34 | Long             | EC               | CORP              | IL        |     22608 | NS      | $305208.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Verona Pharma PLC              | Verona Pharma PLC                       | CUSIP: 925050106<br>LEI: 213800EVI6O6J3TIAL06 | Long             | EC               | CORP              | GB        |      7410 | NS      | $790721.10    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International PLC  | Weatherford International PLC           | CUSIP: 000000000<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | US        |      5735 | NS      | $392446.05    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| 89bio Inc                      | 89bio Inc                               | CUSIP: 282559103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32354 | NS      | $475603.80    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Vaxcyte Inc                    | Vaxcyte Inc                             | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |     10905 | NS      | $392798.10    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspired Entertainment Inc     | Inspired Entertainment Inc              | CUSIP: 45782N108<br>LEI: 549300ZUGYK6NBIU6D69 | Long             | EC               | CORP              | US        |     37349 | NS      | $350333.62    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions | Broadridge Financial Solutions Inc      | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      5248 | NS      | $1249916.16   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU Medical Inc                | ICU Medical Inc                         | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |      7199 | NS      | $863592.04    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                       | Saia Inc                                | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      3180 | NS      | $951964.80    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Walker & Dunlop Inc            | Walker & Dunlop Inc                     | CUSIP: 93148P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10322 | NS      | $863125.64    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc     | Casey's General Stores Inc              | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      2778 | NS      | $1570458.96   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                        | ITT Inc                                 | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |      7000 | NS      | $1251320.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                   | Entegris Inc                            | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |      5007 | NS      | $462947.22    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp     | Sensient Technologies Corp              | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |     18040 | NS      | $1693054.00   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors Inc              | Clean Harbors Inc                       | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |      3765 | NS      | $874308.30    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Consensus Cloud Solutions Inc  | Consensus Cloud Solutions Inc           | CUSIP: 20848V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21500 | NS      | $631455.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Baldwin Insurance Group Inc/Th | Baldwin Insurance Group Inc/The         | CUSIP: 05589G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12503 | NS      | $352709.63    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcellx Inc                    | Arcellx Inc                             | CUSIP: 03940C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4393 | NS      | $360665.30    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolution Medicines Inc       | Revolution Medicines Inc                | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Long             | EC               | CORP              | US        |     12342 | NS      | $576371.40    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse Inc                   | Bel Fuse Inc                            | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |      8197 | NS      | $1155940.94   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Novanta Inc                    | Novanta Inc                             | CUSIP: 67000B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4819 | NS      | $482622.85    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| StandardAero Inc               | StandardAero Inc                        | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22456 | NS      | $612824.24    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity Inc               | HealthEquity Inc                        | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |      6958 | NS      | $659409.66    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Nice Ltd                       | Nice Ltd                                | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | EC               | CORP              | IL        |      2875 | NS      | $416242.50    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| UL Solutions Inc               | UL Solutions Inc                        | CUSIP: 903731107<br>LEI: 549300F7CUV5ESKV9P71 | Long             | EC               | CORP              | US        |      7308 | NS      | $517844.88    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc           | SPX Technologies Inc                    | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |      6808 | NS      | $1271598.24   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Ligand Pharmaceuticals Inc     | Ligand Pharmaceuticals Inc              | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |      7690 | NS      | $1362206.60   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Thor Industries Inc            | Thor Industries Inc                     | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |      3602 | NS      | $373491.38    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Beta Bionics Inc               | Beta Bionics Inc                        | CUSIP: 08659B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9739 | NS      | $193513.93    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| OSI Systems Inc                | OSI Systems Inc                         | CUSIP: 671044105<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | EC               | CORP              | US        |      8669 | NS      | $2160661.56   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ Inc                       | CBIZ Inc                                | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Long             | EC               | CORP              | US        |      8440 | NS      | $446982.40    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                     | Stride Inc                              | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |     14561 | NS      | $2168715.34   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Penn Series Funds Inc

**Signature:** Steven Viola

**Name of Signer:** Steven Viola

**Title:** Treasurer