# EDGAR Filing Document

**Accession Number:** 0000810016
**File Stem:** 0000940400-26-021588
**Filing Date:** 2026-5
**Character Count:** 64430
**Document Hash:** ec4ee4b34d112dd8bc5e2fc273e00cc0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-021588.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000940400-26-021588

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ivy Variable Insurance Portfolios
- **CENTRAL INDEX KEY:** 0000810016

**ORGANIZATION NAME:**
- **EIN:** 481146010
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05017
- **FILM NUMBER:** 261031779

**BUSINESS ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354
- **BUSINESS PHONE:** (800) 523-1918

**MAIL ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ivy Funds Variable Insurance Portfolios
- **DATE OF NAME CHANGE:** 20100301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ivy Funds Variable Insurance Portfolios, Inc.
- **DATE OF NAME CHANGE:** 20080819

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** W&R TARGET FUNDS INC
- **DATE OF NAME CHANGE:** 20001026

## Series and Classes Contracts Data

### Nomura VIP Smid Cap Core Series (Series ID: S000006234)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017168 | Service      |  |

## Nport-Ex

## Schedule of investments
Nomura VIP Smid Cap Core Series

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | &nbsp;&nbsp;**Value (US $)** |
| &nbsp;&nbsp;**Common Stocks — 98.60%♣** | &nbsp;&nbsp;**Common Stocks — 98.60%♣** | &nbsp;&nbsp;**Common Stocks — 98.60%♣** |
| &nbsp;&nbsp;Communication Services — 2.53% | &nbsp;&nbsp;Communication Services — 2.53% | &nbsp;&nbsp;Communication Services — 2.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IMAX † | 54230 | &nbsp;&nbsp;$2061282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Media Group | &nbsp;&nbsp;&nbsp;&nbsp;5232 | &nbsp;&nbsp;&nbsp; 946103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group | 15854 | &nbsp;&nbsp;&nbsp; 1193965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yelp † | 26350 | &nbsp;&nbsp;&nbsp; 651899 |
|  |  | &nbsp;&nbsp;&nbsp; 4853249 |
| &nbsp;&nbsp;Consumer Discretionary — 8.92% | &nbsp;&nbsp;Consumer Discretionary — 8.92% | &nbsp;&nbsp;Consumer Discretionary — 8.92% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aramark | 41092 | &nbsp;&nbsp;&nbsp; 1665870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BorgWarner | 33671 | &nbsp;&nbsp;&nbsp; 1826989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brinker International † | &nbsp;&nbsp;&nbsp;&nbsp;8995 | &nbsp;&nbsp;&nbsp; 1284216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dick's Sporting Goods | 12355 | &nbsp;&nbsp;&nbsp; 2449873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KB Home | 12319 | &nbsp;&nbsp;&nbsp; 637508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;La-Z-Boy | 23289 | &nbsp;&nbsp;&nbsp; 748508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Life Time Group Holdings † | 53028 | &nbsp;&nbsp;&nbsp; 1428574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Malibu Boats Class A † | 18584 | &nbsp;&nbsp;&nbsp; 481697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Steven Madden | 31573 | &nbsp;&nbsp;&nbsp; 1070956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taylor Morrison Home † | 13499 | &nbsp;&nbsp;&nbsp; 786182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Roadhouse | 11081 | &nbsp;&nbsp;&nbsp; 1829916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toll Brothers | 11065 | &nbsp;&nbsp;&nbsp; 1510041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YETI Holdings † | 37997 | &nbsp;&nbsp;&nbsp; 1390310 |
|  |  | &nbsp;&nbsp;&nbsp; 17110640 |
| &nbsp;&nbsp;Consumer Staples — 3.53% | &nbsp;&nbsp;Consumer Staples — 3.53% | &nbsp;&nbsp;Consumer Staples — 3.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings † | 23203 | &nbsp;&nbsp;&nbsp; 2283639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Casey's General Stores | &nbsp;&nbsp;&nbsp;&nbsp;6160 | &nbsp;&nbsp;&nbsp; 4483618 |
|  |  | &nbsp;&nbsp;&nbsp; 6767257 |
| &nbsp;&nbsp;Energy — 5.23% | &nbsp;&nbsp;Energy — 5.23% | &nbsp;&nbsp;Energy — 5.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expand Energy | 21551 | &nbsp;&nbsp;&nbsp; 2365869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Seaways | 11759 | &nbsp;&nbsp;&nbsp; 856996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liberty Energy | 105570 | &nbsp;&nbsp;&nbsp; 3040416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Permian Resources Class A | 176897 | &nbsp;&nbsp;&nbsp; 3771444 |
|  |  | &nbsp;&nbsp;&nbsp; 10034725 |
| &nbsp;&nbsp;Financials — 16.05% | &nbsp;&nbsp;Financials — 16.05% | &nbsp;&nbsp;Financials — 16.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ally Financial | 61770 | &nbsp;&nbsp;&nbsp; 2423237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axis Capital Holdings | 27596 | &nbsp;&nbsp;&nbsp; 2798510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;East West Bancorp | 38781 | &nbsp;&nbsp;&nbsp; 4140260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Essent Group | 20911 | &nbsp;&nbsp;&nbsp; 1222039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evercore Class A | &nbsp;&nbsp;&nbsp;&nbsp;6745 | &nbsp;&nbsp;&nbsp; 2013450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hamilton Lane Class A | 17500 | &nbsp;&nbsp;&nbsp; 1739500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Old National Bancorp | 102940 | &nbsp;&nbsp;&nbsp; 2274974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reinsurance Group of America | 12849 | &nbsp;&nbsp;&nbsp; 2623252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SouthState Bank | 25960 | &nbsp;&nbsp;&nbsp; 2401819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stifel Financial | 32611 | &nbsp;&nbsp;&nbsp; 2410605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Webster Financial | 36880 | &nbsp;&nbsp;&nbsp; 2560210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WSFS Financial | 32040 | &nbsp;&nbsp;&nbsp; 2097338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zions Bancorp | 35936 | &nbsp;&nbsp;&nbsp; 2070632 |
|  |  | &nbsp;&nbsp;&nbsp; 30775826 |
| &nbsp;&nbsp;Healthcare — 11.82% | &nbsp;&nbsp;Healthcare — 11.82% | &nbsp;&nbsp;Healthcare — 11.82% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axsome Therapeutics † | 13030 | &nbsp;&nbsp;&nbsp; 2202331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bio-Techne | 20988 | &nbsp;&nbsp;&nbsp; 1096833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blueprint Medicines =, † | 12068 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encompass Health | 17257 | &nbsp;&nbsp;&nbsp; 1669270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Glaukos † | 11270 | &nbsp;&nbsp;&nbsp; 1213328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Halozyme Therapeutics † | 27042 | &nbsp;&nbsp;&nbsp; 1747724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insmed † | 18198 | &nbsp;&nbsp;&nbsp; 2975737 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | &nbsp;&nbsp;**Value (US $)** |
| &nbsp;&nbsp;**Common Stocks♣ (continued)** | &nbsp;&nbsp;**Common Stocks♣ (continued)** | &nbsp;&nbsp;**Common Stocks♣ (continued)** |
| &nbsp;&nbsp;Healthcare (continued) | &nbsp;&nbsp;Healthcare (continued) | &nbsp;&nbsp;Healthcare (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inspire Medical Systems † | &nbsp;&nbsp;&nbsp;&nbsp;7855 | &nbsp;&nbsp;$405161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lantheus Holdings † | 14825 | &nbsp;&nbsp;&nbsp; 1124476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ligand Pharmaceuticals † | 11865 | &nbsp;&nbsp;&nbsp; 2368847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Natera † | &nbsp;&nbsp;&nbsp;&nbsp;7990 | &nbsp;&nbsp;&nbsp; 1597920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neurocrine Biosciences † | 14638 | &nbsp;&nbsp;&nbsp; 1928410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OmniAb 12.5 =, † | &nbsp;&nbsp;&nbsp;&nbsp;3815 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OmniAb 15 =, † | &nbsp;&nbsp;&nbsp;&nbsp;3815 | &nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Repligen † | 10997 | &nbsp;&nbsp;&nbsp; 1295667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Supernus Pharmaceuticals † | 31589 | &nbsp;&nbsp;&nbsp; 1632835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransMedics Group † | 10636 | &nbsp;&nbsp;&nbsp; 1057325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ultragenyx Pharmaceutical † | 16716 | &nbsp;&nbsp;&nbsp; 350200 |
|  |  | &nbsp;&nbsp;&nbsp; 22666064 |
| &nbsp;&nbsp;Industrials — 25.28% | &nbsp;&nbsp;Industrials — 25.28% | &nbsp;&nbsp;Industrials — 25.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ABM Industries | 27365 | &nbsp;&nbsp;&nbsp; 1054100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;API Group † | 28869 | &nbsp;&nbsp;&nbsp; 1169772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applied Industrial Technologies | &nbsp;&nbsp;&nbsp;&nbsp;6073 | &nbsp;&nbsp;&nbsp; 1611288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arcosa | 23312 | &nbsp;&nbsp;&nbsp; 2474336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atkore | &nbsp;&nbsp;&nbsp;&nbsp;4519 | &nbsp;&nbsp;&nbsp; 266214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bloom Energy Class A † | &nbsp;&nbsp;&nbsp;&nbsp;3277 | &nbsp;&nbsp;&nbsp; 444001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boise Cascade | 15447 | &nbsp;&nbsp;&nbsp; 1171655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlisle | &nbsp;&nbsp;&nbsp;&nbsp;2566 | &nbsp;&nbsp;&nbsp; 856069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carpenter Technology | &nbsp;&nbsp;&nbsp;&nbsp;4038 | &nbsp;&nbsp;&nbsp; 1591578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Casella Waste Systems Class A † | 14097 | &nbsp;&nbsp;&nbsp; 1118456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clean Harbors † | &nbsp;&nbsp;&nbsp;&nbsp;7958 | &nbsp;&nbsp;&nbsp; 2281797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dycom Industries † | &nbsp;&nbsp;&nbsp;&nbsp;1074 | &nbsp;&nbsp;&nbsp; 363893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ExlService Holdings † | 56478 | &nbsp;&nbsp;&nbsp; 1719755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Federal Signal | 20389 | &nbsp;&nbsp;&nbsp; 2204866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FTAI Aviation | &nbsp;&nbsp;&nbsp;&nbsp;3533 | &nbsp;&nbsp;&nbsp; 865585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gates Industrial † | 54642 | &nbsp;&nbsp;&nbsp; 1235456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graco | 18365 | &nbsp;&nbsp;&nbsp; 1554597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kadant | &nbsp;&nbsp;&nbsp;&nbsp;3056 | &nbsp;&nbsp;&nbsp; 893422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KBR | 29023 | &nbsp;&nbsp;&nbsp; 1069788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kirby † | 20800 | &nbsp;&nbsp;&nbsp; 2763904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Knight-Swift Transportation Holdings | 29657 | &nbsp;&nbsp;&nbsp; 1707650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kratos Defense & Security Solutions † | &nbsp;&nbsp;&nbsp;&nbsp;5772 | &nbsp;&nbsp;&nbsp; 406984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lincoln Electric Holdings | 10851 | &nbsp;&nbsp;&nbsp; 2702767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;nVent Electric | &nbsp;&nbsp;&nbsp;&nbsp;5553 | &nbsp;&nbsp;&nbsp; 656809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quanta Services | &nbsp;&nbsp;&nbsp;&nbsp;2555 | &nbsp;&nbsp;&nbsp; 1402746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regal Rexnord | 10271 | &nbsp;&nbsp;&nbsp; 1923347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saia † | &nbsp;&nbsp;&nbsp;&nbsp;1984 | &nbsp;&nbsp;&nbsp; 696940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPX Technologies † | &nbsp;&nbsp;&nbsp;&nbsp;6044 | &nbsp;&nbsp;&nbsp; 1208437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tecnoglass | 11235 | &nbsp;&nbsp;&nbsp; 500519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tetra Tech | 47578 | &nbsp;&nbsp;&nbsp; 1433049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trex † | 20393 | &nbsp;&nbsp;&nbsp; 742713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UL Solutions Class A | 13912 | &nbsp;&nbsp;&nbsp; 1192397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO International | 10484 | &nbsp;&nbsp;&nbsp; 2868632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WillScot Holdings | 57514 | &nbsp;&nbsp;&nbsp; 998443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPO † | &nbsp;&nbsp;&nbsp;&nbsp;6741 | &nbsp;&nbsp;&nbsp; 1311462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zurn Elkay Water Solutions | 44950 | &nbsp;&nbsp;&nbsp; 2015558 |
|  |  | &nbsp;&nbsp;&nbsp; 48478985 |

---

NQ- IV087 [0326] 0526 (5459540) 1

------

Nomura VIP Smid Cap Core Series

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | &nbsp;&nbsp;**Value (US $)** |
| &nbsp;&nbsp;**Common Stocks♣ (continued)** | &nbsp;&nbsp;**Common Stocks♣ (continued)** | &nbsp;&nbsp;**Common Stocks♣ (continued)** |
| &nbsp;&nbsp;Information Technology — 13.77% | &nbsp;&nbsp;Information Technology — 13.77% | &nbsp;&nbsp;Information Technology — 13.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASGN † | 16568 | &nbsp;&nbsp;$641347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Astera Labs † | 10490 | &nbsp;&nbsp;&nbsp; 1149704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Box Class A † | 28938 | &nbsp;&nbsp;&nbsp; 684094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coherent † | 21457 | &nbsp;&nbsp;&nbsp; 5111272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynatrace † | 29270 | &nbsp;&nbsp;&nbsp; 1082405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Guidewire Software † | 14440 | &nbsp;&nbsp;&nbsp; 2159646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MACOM Technology Solutions Holdings † | 15890 | &nbsp;&nbsp;&nbsp; 3528692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MKS | &nbsp;&nbsp;&nbsp;&nbsp;3990 | &nbsp;&nbsp;&nbsp; 916942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Procore Technologies † | 18183 | &nbsp;&nbsp;&nbsp; 1036431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PTC † | &nbsp;&nbsp;&nbsp;&nbsp;5433 | &nbsp;&nbsp;&nbsp; 774148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 Holdings † | 22533 | &nbsp;&nbsp;&nbsp; 1065811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rubrik Class A † | &nbsp;&nbsp;&nbsp;&nbsp;8744 | &nbsp;&nbsp;&nbsp; 428194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Semtech † | 50901 | &nbsp;&nbsp;&nbsp; 3913778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Silicon Laboratories † | 10719 | &nbsp;&nbsp;&nbsp; 2231160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPS Commerce † | &nbsp;&nbsp;&nbsp;&nbsp;3786 | &nbsp;&nbsp;&nbsp; 210767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Varonis Systems † | 39912 | &nbsp;&nbsp;&nbsp; 856911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Workiva † | 10515 | &nbsp;&nbsp;&nbsp; 627009 |
|  |  | &nbsp;&nbsp;&nbsp; 26418311 |
| &nbsp;&nbsp;Materials — 3.48% | &nbsp;&nbsp;Materials — 3.48% | &nbsp;&nbsp;Materials — 3.48% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kaiser Aluminum | 13031 | &nbsp;&nbsp;&nbsp; 1570366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minerals Technologies | 34016 | &nbsp;&nbsp;&nbsp; 2412415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reliance | &nbsp;&nbsp;&nbsp;&nbsp;8843 | &nbsp;&nbsp;&nbsp; 2687564 |
|  |  | &nbsp;&nbsp;&nbsp; 6670345 |
| &nbsp;&nbsp;Real Estate — 5.82% | &nbsp;&nbsp;Real Estate — 5.82% | &nbsp;&nbsp;Real Estate — 5.82% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brixmor Property Group | 71194 | &nbsp;&nbsp;&nbsp; 2050387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camden Property Trust | 20793 | &nbsp;&nbsp;&nbsp; 2030644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Industrial Realty Trust | 37961 | &nbsp;&nbsp;&nbsp; 2196044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Healthpeak Properties | 81932 | &nbsp;&nbsp;&nbsp; 1346143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jones Lang LaSalle † | &nbsp;&nbsp;&nbsp;&nbsp;5754 | &nbsp;&nbsp;&nbsp; 1751057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kite Realty Group Trust | 72721 | &nbsp;&nbsp;&nbsp; 1785301 |
|  |  | &nbsp;&nbsp;&nbsp; 11159576 |
| &nbsp;&nbsp;Utilities — 2.17% | &nbsp;&nbsp;Utilities — 2.17% | &nbsp;&nbsp;Utilities — 2.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Hills | 26858 | &nbsp;&nbsp;&nbsp; 1864214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spire | 25304 | &nbsp;&nbsp;&nbsp; 2291024 |
|  |  | &nbsp;&nbsp;&nbsp; 4155238 |
| &nbsp;&nbsp;&nbsp;**Total Common Stocks<br> (cost $158,064,471)** | &nbsp;&nbsp;&nbsp;**Total Common Stocks<br> (cost $158,064,471)** | &nbsp;&nbsp;&nbsp;**189090216** |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | &nbsp;&nbsp;**Value (US $)** |
| &nbsp;&nbsp;**Short-Term Investments — 1.64%** | &nbsp;&nbsp;**Short-Term Investments — 1.64%** | &nbsp;&nbsp;**Short-Term Investments — 1.64%** |
| &nbsp;&nbsp;Money Market Mutual Funds — 1.64% | &nbsp;&nbsp;Money Market Mutual Funds — 1.64% | &nbsp;&nbsp;Money Market Mutual Funds — 1.64% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 3.55%) | 784965 | &nbsp;&nbsp;$784965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 3.53%) | 784969 | &nbsp;&nbsp;&nbsp; 784969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 3.59%) | 784966 | &nbsp;&nbsp;&nbsp; 784966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 3.57%) | 784969 | &nbsp;&nbsp;&nbsp; 784969 |
| &nbsp;&nbsp;&nbsp;**Total Short-Term Investments<br> (cost $3,139,869)** | &nbsp;&nbsp;&nbsp;**Total Short-Term Investments<br> (cost $3,139,869)** | &nbsp;&nbsp;&nbsp; **3139869** |
| &nbsp;&nbsp;&nbsp;**Total Value of Securities—100.24%<br> (cost $161,204,340)** |  | &nbsp;&nbsp;&nbsp;**192230085** |
| &nbsp;&nbsp;&nbsp;**Liabilities Net of Receivables and Other Assets—(0.24%)** |  | &nbsp;&nbsp;&nbsp;&nbsp; **(463838)** |
| &nbsp;&nbsp;&nbsp;**Net Assets Applicable to 14,023,929 Shares Outstanding—100.00%** |  | &nbsp;&nbsp;**$191766247** |

---

---

| |
|:---|
| Categorizations used for financial reporting purposes may differ from categorizations used for regulatory compliance and/or internal classification purposes. |
| Non-income producing security. |
| The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security. |

---

2 NQ- IV087 [0326] 0526 (5459540)

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Ivy Variable Insurance Portfolios

- **b. Investment Company Act file number:** 811-05017

- **c. CIK number of Registrant:** 0000810016

- **d. LEI of Registrant:** 72XHPUAYSOH6ROSGJT53

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

  - **Street Address 1:** 100 Independence

  - **City:** Philadelphia

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19106

  - **Telephone number:** 215-255-1200

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

- **a. Name of Series:** Nomura VIP Smid Cap Core Series

- **b. EDGAR series identifier (if any):** S000006234

- **c. LEI of Series:** ZRJY0CYFDPH4SGPRYA91

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $192373599.32

**Total Liabilities:** $291783.58

**Net Assets:** $192081815.74

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017168 | 3.40%                | 3.07%                | -5.27%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $851442.68               | $5420434.50                                |
| Month 2  | $87707.61                | $5795092.98                                |
| Month 3  | $1572591.56              | $-12463023.57                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| IMAX Corporation                             | IMAX Corporation COM                                        | CUSIP: 45245E109<br>LEI: 894500GS1ESLAPZCEI74 | Long             | EC               | CORP              | CA        |     54230 | NS      | $2061282.30   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                                    | Graco Inc COM                                               | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |     18365 | NS      | $1554597.25   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc.                              | BorgWarner Inc. COM                                         | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     33671 | NS      | $1826988.46   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                        | East West Bancorp Inc COM                                   | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |     38781 | NS      | $4140259.56   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc.    | Kratos Defense & Security Solutions, Inc. COM NEW           | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |      5772 | NS      | $406983.72    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Q2 Holdings Inc                              | Q2 Holdings Inc COM                                         | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |     22533 | NS      | $1065810.90   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                    | Taylor Morrison Home Corp COM                               | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     13499 | NS      | $786181.76    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc                     | Procore Technologies Inc COM                                | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |     18183 | NS      | $1036431.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corporation                    | Regal Rexnord Corporation COM                               | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     10271 | NS      | $1923347.46   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc.                     | ExlService Holdings Inc. COM                                | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     56478 | NS      | $1719755.10   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNIAB INC                                   | OmniAb Inc. USD0.0001 A (USD12.5 VESTING)                   | CUSIP: 68218J202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3815 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| WSFS Financial Corporation                   | WSFS Financial Corporation COM                              | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     32040 | NS      | $2097338.40   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc                    | Healthpeak Properties Inc COM                               | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |     81932 | NS      | $1346142.76   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                   | Insmed Inc COM PAR $.01                                     | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |     18198 | NS      | $2975736.96   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                         | Old National Bancorp COM                                    | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    102940 | NS      | $2274974.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC     | Knight-Swift Transportation Holdings Inc. CL A              | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29657 | NS      | $1707650.06   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Corporation       | Zurn Elkay Water Solutions Corporation COM                  | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     44950 | NS      | $2015558.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NATERA INC                                   | Natera Inc. COM                                             | CUSIP: 632307104<br>LEI: 529900CQ3OZ0A0VYVU59 | Long             | EC               | CORP              | US        |      7990 | NS      | $1597920.10   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                             | Boise Cascade Co COM                                        | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     15447 | NS      | $1171654.95   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America, Incorporated   | Reinsurance Group of America, Incorporated COM NEW          | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |     12849 | NS      | $2623251.84   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                                      | XPO Inc COM                                                 | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |      6741 | NS      | $1311461.55   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultragenyx Pharmaceuticals Inc               | Ultragenyx Pharmaceuticals Inc COM                          | CUSIP: 90400D108<br>LEI: 529900EV44GVDN1DCX77 | Long             | EC               | CORP              | US        |     16716 | NS      | $350200.20    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc.               | Lincoln Electric Holdings Inc. COM                          | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |     10851 | NS      | $2702767.08   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers, Inc.                          | Toll Brothers, Inc. COM                                     | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |     11065 | NS      | $1510040.55   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies Inc.                   | Minerals Technologies Inc. COM                              | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |     34016 | NS      | $2412414.72   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUEPRINT MEDICINES CORP                     | Blueprint Medicines Corporation NPV                         | CUSIP: 096CVR048<br>LEI: 5299004CC60O9T5HVM83 | Long             | EC               | CORP              | US        |     12068 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Atkore Inc                                   | Atkore Inc COM                                              | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |      4519 | NS      | $266214.29    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Madden(Steven)Ltd.                           | Madden(Steven)Ltd. COM                                      | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     31573 | NS      | $1070956.16   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc.                          | Ally Financial Inc. COM                                     | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |     61770 | NS      | $2423237.10   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Malibu Boats Inc                             | Malibu Boats Inc COM CL A                                   | CUSIP: 56117J100<br>LEI: 549300MHGS3WZNRLUK77 | Long             | EC               | CORP              | US        |     18584 | NS      | $481697.28    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corporation             | Carpenter Technology Corporation COM                        | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |      4038 | NS      | $1591577.70   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| KAISER ALUMINUM CORP                         | Kaiser Aluminium Corporation COM PAR $0.01                  | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13031 | NS      | $1570365.81   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries, Inc.                       | Dycom Industries, Inc. COM                                  | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      1074 | NS      | $363892.68    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                          | Clean Harbors, Inc. COM                                     | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |      7958 | NS      | $2281797.34   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                   | Arcosa Inc COM                                              | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     23312 | NS      | $2474335.68   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Companies Inc.                      | Carlisle Companies Inc. COM                                 | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      2566 | NS      | $856068.92    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL SEAWAYS INC                    | International Seaways Inc. COM NPV                          | CUSIP: 000000000<br>LEI: 549300YUFDGFRNGBWF46 | Long             | EC               | CORP              | MH        |     11759 | NS      | $856995.92    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc                           | Liberty Energy Inc COM CL A                                 | CUSIP: 53115L104<br>LEI: 254900PKFJW6RILDCM60 | Long             | EC               | CORP              | US        |    105570 | NS      | $3040416.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Ligand Pharmaceuticals Incorporated          | Ligand Pharmaceuticals Incorporated COM NEW                 | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |     11865 | NS      | $2368847.25   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Zions Bancorporation Natl Assn Global Bank   | Zions Bancorporation Natl Assn Global Bank COM              | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |     35936 | NS      | $2070632.32   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                               | Tetra Tech Inc COM                                          | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |     47578 | NS      | $1433049.36   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp.                          | Expand Energy Corp. COM                                     | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     21551 | NS      | $2365868.78   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds                    | BlackRock Liquidity Funds FEDFUND INSTL                     | CUSIP: 09248U700<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |    784965 | NS      | $784964.84    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation                 | Encompass Health Corporation COM                            | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     17257 | NS      | $1669269.61   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries Inc.                          | ABM Industries Inc. COM                                     | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |     27365 | NS      | $1054099.80   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Incorporated              | Jones Lang LaSalle Incorporated COM                         | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      5754 | NS      | $1751057.28   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Workiva Inc                                  | Workiva Inc COM CL A                                        | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |     10515 | NS      | $627009.45    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Inc.                                     | MKS Inc. COM                                                | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |      3990 | NS      | $916941.90    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Box Inc.                                     | Box Inc. CL A                                               | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |     28938 | NS      | $684094.32    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                                   | Kadant Inc COM                                              | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |      3056 | NS      | $893421.60    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics Inc.                     | Axsome Therapeutics Inc. COM                                | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |     13030 | NS      | $2202330.60   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                      | Nexstar Media Group Inc COMMON STOCK                        | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |      5232 | NS      | $946102.56    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corporation                      | Black Hills Corporation COM                                 | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     26858 | NS      | $1864213.78   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc                   | Neurocrine Biosciences Inc COM                              | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |     14638 | NS      | $1928410.12   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                        | Camden Property Trust SH BEN INT                            | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     20793 | NS      | $2030644.38   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust             | Fidelity Colchester Street Trust MNY MRKT FDS I             | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |    784969 | NS      | $784968.66    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                    | Gates Industrial Corp PLC COM USD0.01                       | CUSIP: 000000000<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |     54642 | NS      | $1235455.62   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST INDUSTRIAL REALTY TRUST INC            | First Industrial Realty Trust, Inc. COM                     | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37961 | NS      | $2196043.85   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies Inc.         | Applied Industrial Technologies Inc. COM                    | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      6073 | NS      | $1611288.36   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| UL Solutions Inc.                            | UL Solutions Inc. CLASS A COM SHS                           | CUSIP: 903731107<br>LEI: 549300F7CUV5ESKV9P71 | Long             | EC               | CORP              | US        |     13912 | NS      | $1192397.52   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Yelp Inc                                     | Yelp Inc CL A                                               | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |     26350 | NS      | $651899.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                                    | Spire Inc COM                                               | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     25304 | NS      | $2291024.16   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Tecnoglass Inc                               | Tecnoglass Inc COM USD0.0001                                | CUSIP: 000000000<br>LEI: 529900YRWTPOC2E6IO67 | Long             | EC               | CORP              | KY        |     11235 | NS      | $500519.25    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                      | Kite Realty Group Trust COM NEW                             | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72721 | NS      | $1785300.55   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                            | Omnicom Group Inc COM                                       | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     15854 | NS      | $1193964.74   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Trust                          | Goldman Sachs Financial Square Government Fund              | CUSIP: 38141W273<br>LEI: S2FHCT8U6D2VORP0J605 | Long             | STIV             | RF                | US        |    784966 | NS      | $784966.44    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp.                      | Webster Financial Corp. COM                                 | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     36880 | NS      | $2560209.60   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc                        | Lantheus Holdings Inc COM                                   | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     14825 | NS      | $1124476.25   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings Inc                 | Life Time Group Holdings Inc COMMON STOCK                   | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53028 | NS      | $1428574.32   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Institutional Liquidity Funds | Morgan Stanley Institutional Liquidity Funds GOVT PTF INSTL | CUSIP: 61747C707<br>LEI: 5493000A332Y142SOW84 | Long             | STIV             | RF                | US        |    784969 | NS      | $784968.62    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems Inc                  | Inspire Medical Systems Inc COM                             | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |      7855 | NS      | $405160.90    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems, Inc.                  | Casella Waste Systems, Inc. CL A                            | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     14097 | NS      | $1118455.98   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Semtech Corporation                          | Semtech Corporation COM                                     | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |     50901 | NS      | $3913777.89   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                        | Quanta Services, Inc. COM                                   | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      2555 | NS      | $1402746.10   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc                       | Guidewire Software Inc COM                                  | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |     14440 | NS      | $2159646.40   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                    | Halozyme Therapeutics Inc COM                               | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     27042 | NS      | $1747724.46   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Yeti Holdings Inc                            | Yeti Holdings Inc COM                                       | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     37997 | NS      | $1390310.23   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Laboratories, Inc.                   | Silicon Laboratories, Inc. COM                              | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |     10719 | NS      | $2231159.85   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Varonis Systems Inc                          | Varonis Systems Inc COM                                     | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Long             | EC               | CORP              | US        |     39912 | NS      | $856910.64    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey'S General Stores Inc.                  | Casey'S General Stores Inc. COM                             | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      6160 | NS      | $4483617.60   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                                      | KBR Inc COM                                                 | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     29023 | NS      | $1069787.78   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                              | Bio-Techne Corp COM                                         | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |     20988 | NS      | $1096832.88   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd.                            | Essent Group Ltd. COM USD0.015                              | CUSIP: 000000000<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |     20911 | NS      | $1222038.84   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corporation                 | Stifel Financial Corporation COM                            | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |     32611 | NS      | $2410605.12   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                             | SPS Commerce Inc COM                                        | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |      3786 | NS      | $210766.62    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Asgn Incorporated                            | Asgn Incorporated COM                                       | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |     16568 | NS      | $641347.28    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX TECHNOLOGIES INC                         | SPX Technologies, Inc. COM                                  | CUSIP: 78473E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6044 | NS      | $1208437.36   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                      | PTC Inc COM                                                 | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      5433 | NS      | $774148.17    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc                            | Hamilton Lane Inc CL A                                      | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |     17500 | NS      | $1739500.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC      | MACOM Technology Solutions Holdings Inc. COM                | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15890 | NS      | $3528692.30   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy Inc                                 | La-Z-Boy Inc COM                                            | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |     23289 | NS      | $748508.46    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp                               | API Group Corp COM STK                                      | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |     28869 | NS      | $1169771.88   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc                   | Brixmor Property Group Inc COM                              | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     71194 | NS      | $2050387.20   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS Capital Holdings Limited                | AXIS Capital Holdings Limited COM USD0.0125                 | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |     27596 | NS      | $2798510.36   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                   | Kirby Corp COM                                              | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |     20800 | NS      | $2763904.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc.                       | TransMedics Group Inc. COM                                  | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |     10636 | NS      | $1057324.76   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BANK CORP                         | Southstate Bank Corp. COM                                   | CUSIP: 84472E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25960 | NS      | $2401819.20   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp                       | Permian Resources Corp CLASS A COM                          | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    176897 | NS      | $3771444.04   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinker International, Inc.                  | Brinker International, Inc. COM                             | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |      8995 | NS      | $1284216.15   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| TREX COMPANY INC                             | Trex Company, Inc. COM                                      | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20393 | NS      | $742713.06    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                  | Dick's Sporting Goods, Inc. COM                             | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |     12355 | NS      | $2449872.95   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNIAB INC                                   | OmniAb Inc. USD0.0001 A (USD15 VESTING)                     | CUSIP: 68218J301<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3815 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Texas Roadhouse Inc                          | Texas Roadhouse Inc COM                                     | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |     11081 | NS      | $1829916.34   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Holdings Corporation                | WillScot Holdings Corporation COM CL A                      | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |     57514 | NS      | $998443.04    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corporation                     | Bloom Energy Corporation COM CL A                           | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |      3277 | NS      | $444000.73    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Home                                      | KB Home COM                                                 | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     12319 | NS      | $637508.25    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                     | Saia Inc COM                                                | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      1984 | NS      | $696939.52    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                                | Coherent Corp COM                                           | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |     21457 | NS      | $5111271.97   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Supernus Pharmaceuticals, Inc                | Supernus Pharmaceuticals, Inc COM                           | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |     31589 | NS      | $1632835.41   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| NVent Electric PLC                           | NVent Electric PLC SHS                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      5553 | NS      | $656808.84    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp.                         | Federal Signal Corp. COM                                    | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |     20389 | NS      | $2204866.46   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corporation                         | Repligen Corporation COM                                    | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |     10997 | NS      | $1295666.54   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ Wholesale Club Holdings Inc               | BJ Wholesale Club Holdings Inc COM                          | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     23203 | NS      | $2283639.26   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Glaukos Corp.                                | Glaukos Corp. COM                                           | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Long             | EC               | CORP              | US        |     11270 | NS      | $1213328.20   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesco International, Inc.                    | Wesco International, Inc. COM                               | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     10484 | NS      | $2868632.08   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Rubrik Inc.                                  | Rubrik Inc. CL A                                            | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |      8744 | NS      | $428193.68    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                                 | Reliance Inc COM                                            | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      8843 | NS      | $2687564.56   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd                            | FTAI Aviation Ltd COM USD0.01                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      3533 | NS      | $865585.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs Inc                              | Astera Labs Inc COM                                         | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |     10490 | NS      | $1149704.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc.                                | Evercore Inc. CLASS A                                       | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      6745 | NS      | $2013449.95   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                                | Dynatrace Inc COM NEW                                       | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     29270 | NS      | $1082404.60   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                                      | Aramark COM                                                 | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |     41092 | NS      | $1665869.68   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** Ivy Variable Insurance Portfolio

**Signature:** Dan Geatens

**Name of Signer:** Dan Geatens

**Title:** Division Director - Head of US Fund Administration