# EDGAR Filing Document

**Accession Number:** 0000810573
**File Stem:** 0001410368-26-019293
**Filing Date:** 2026-2
**Character Count:** 45602
**Document Hash:** 1afc2899f5c4481a7285f9ead9e9965e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-019293.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001410368-26-019293

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE DWS VARIABLE SERIES II
- **CENTRAL INDEX KEY:** 0000810573

**ORGANIZATION NAME:**
- **EIN:** 810105002
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05002
- **FILM NUMBER:** 26686844

**BUSINESS ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225
- **BUSINESS PHONE:** 212-454-4500

**MAIL ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DEUTSCHE VARIABLE SERIES II
- **DATE OF NAME CHANGE:** 20140811

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DWS VARIABLE SERIES II
- **DATE OF NAME CHANGE:** 20060303

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SCUDDER VARIABLE SERIES II
- **DATE OF NAME CHANGE:** 20010501

## Series and Classes Contracts Data

### DWS Small Mid Cap Growth VIP (Series ID: S000006260)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017214 | Class A      |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** DEUTSCHE DWS VARIABLE SERIES II

- **b. Investment Company Act file number:** 811-05002

- **c. CIK number of Registrant:** 0000810573

- **d. LEI of Registrant:** 7WRERVUOG2HKG87QIP75

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

  - **Street Address 1:** 875 Third Avenue

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022-6225

  - **Telephone number:** 212-454-4500

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

- **a. Name of Series:** DWS Small Mid Cap Growth VIP

- **b. EDGAR series identifier (if any):** S000006260

- **c. LEI of Series:** 0OZ934O2UM8WQZ3ZKH96

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $48708660.16

**Total Liabilities:** $552236.29

**Net Assets:** $48156423.87

**Cash Not Reported:** $2957.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017214 | 0.00%                | 2.42%                | -1.39%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $620001.19               | $-592404.78                                |
| Month 2  | $476371.82               | $692922.85                                 |
| Month 3  | $312302.93               | $-1005080.98                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Energy Industries Inc            | Advanced Energy Industries Inc                                                        | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |      7629 | NS      | $1597283.73   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphatec Holdings Inc                     | Alphatec Holdings Inc                                                                 | CUSIP: 02081G201<br>LEI: 549300EZE8CQ8K65FS24 | Long             | EC               | CORP              | US        |      9320 | NS      | $196092.80    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Apellis Pharmaceuticals Inc               | Apellis Pharmaceuticals Inc                                                           | CUSIP: 03753U106<br>LEI: 254900HS0ZFRXXSB9D42 | Long             | EC               | CORP              | US        |      3951 | NS      | $99249.12     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidity Biosciences Inc                   | Avidity Biosciences Inc                                                               | CUSIP: 05370A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9700 | NS      | $699661.00    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Bancorp Inc/The                           | Bancorp Inc/The                                                                       | CUSIP: 05969A105<br>LEI: 894500FP2ICT1B019Y71 | Long             | EC               | CORP              | US        |      5495 | NS      | $371022.40    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corp                         | Bloom Energy Corp                                                                     | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |      2600 | NS      | $225914.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTRA BLUEPRINT MEDIC                    | CONTRA BLUEPRINT MEDIC                                                                | CUSIP: 096CVR048<br>LEI: 5299004CC60O9T5HVM83 | Long             |  |  | US        |      3484 | NS      | $1602.64      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Bright Horizons Family Solutions Inc      | Bright Horizons Family Solutions Inc                                                  | CUSIP: 109194100<br>LEI: 2549009BKSVTM7UEYT38 | Long             | EC               | CORP              | US        |      3398 | NS      | $344557.20    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Brink's Co/The                            | Brink's Co/The                                                                        | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |     10236 | NS      | $1194848.28   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc        | Broadridge Financial Solutions Inc                                                    | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      1782 | NS      | $397688.94    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc                  | Builders FirstSource Inc                                                              | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      9106 | NS      | $936916.34    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc                     | Burlington Stores Inc                                                                 | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      2883 | NS      | $832754.55    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Calix Inc                                 | Calix Inc                                                                             | CUSIP: 13100M509<br>LEI: 5299002RQRZ4SXSCSJ58 | Long             | EC               | CORP              | US        |      9644 | NS      | $510456.92    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Camping World Holdings Inc                | Camping World Holdings Inc                                                            | CUSIP: 13462K109<br>LEI: 549300E828QQI7MWI432 | Long             | EC               | CORP              | US        |     21507 | NS      | $209263.11    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Caris Life Sciences Inc                   | Caris Life Sciences Inc                                                               | CUSIP: 142152107<br>LEI: 549300LX5LO78M5VPY43 | Long             | EC               | CORP              | US        |      3928 | NS      | $105977.44    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc                | Casey's General Stores Inc                                                            | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      2171 | NS      | $1199933.41   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS                                       | DWS Government & Agency Securities Portfolio DWS Government Cash Institutional Shares | CUSIP: 147539670<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    459425 | NS      | $459425.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Catalyst Pharmaceuticals Inc              | Catalyst Pharmaceuticals Inc                                                          | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |      7600 | NS      | $177384.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Celldex Therapeutics Inc                  | Celldex Therapeutics Inc                                                              | CUSIP: 15117B202<br>LEI: 529900F018DMYWH38923 | Long             | EC               | CORP              | US        |     12600 | NS      | $342216.00    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CG oncology Inc                           | CG oncology Inc                                                                       | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4100 | NS      | $170232.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                      | Chart Industries Inc                                                                  | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |      1700 | NS      | $350591.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                        | Expand Energy Corp                                                                    | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      2543 | NS      | $280645.48    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings Inc         | Clearwater Analytics Holdings Inc                                                     | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11700 | NS      | $282204.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs Inc                      | Cleveland-Cliffs Inc                                                                  | CUSIP: 185899101<br>LEI: 549300TM2WLI2BJMDD86 | Long             | EC               | CORP              | US        |     29787 | NS      | $395571.36    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognex Corp                               | Cognex Corp                                                                           | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               | CORP              | US        |      7873 | NS      | $283270.54    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems Inc                     | Commvault Systems Inc                                                                 | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |      1300 | NS      | $162968.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Natural Resources Inc                | Core Natural Resources Inc                                                            | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |      2519 | NS      | $222956.69    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Crinetics Pharmaceuticals Inc             | Crinetics Pharmaceuticals Inc                                                         | CUSIP: 22663K107<br>LEI: 549300Q1CNFXK5P31D28 | Long             | EC               | CORP              | US        |      3500 | NS      | $162925.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| Dynatrace Inc                             | Dynatrace Inc                                                                         | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |      7679 | NS      | $332807.86    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc                       | Eagle Materials Inc                                                                   | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      4401 | NS      | $909598.68    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc                  | EastGroup Properties Inc                                                              | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               |  | US        |      1808 | NS      | $322077.12    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                              | Entegris Inc                                                                          | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |      4821 | NS      | $406169.25    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust Inc     | Essential Properties Realty Trust Inc                                                 | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               |  | US        |     16178 | NS      | $479839.48    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EyePoint Inc                              | EyePoint Inc                                                                          | CUSIP: 30233G209<br>LEI: 549300QE1RU34T50MR69 | Long             | EC               | CORP              | US        |      5600 | NS      | $102312.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc              | FactSet Research Systems Inc                                                          | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |      1036 | NS      | $300636.84    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Five9 Inc                                 | Five9 Inc                                                                             | CUSIP: 338307101<br>LEI: 254900MXP6EWY0SFFR59 | Long             | EC               | CORP              | US        |      9547 | NS      | $191417.35    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| FormFactor Inc                            | FormFactor Inc                                                                        | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |      7627 | NS      | $425434.06    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust Inc           | Four Corners Property Trust Inc                                                       | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               |  | US        |     13954 | NS      | $321779.24    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentherm Inc                              | Gentherm Inc                                                                          | CUSIP: 37253A103<br>LEI: HKM6YX1U5JS60TCUB219 | Long             | EC               | CORP              | US        |      7364 | NS      | $267828.68    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc                        | Globus Medical Inc                                                                    | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |      1424 | NS      | $124329.44    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp                          | Haemonetics Corp                                                                      | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |      1353 | NS      | $108442.95    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Hallador Energy Co                        | Hallador Energy Co                                                                    | CUSIP: 40609P105<br>LEI: 254900GKEQRHOI2SSC19 | Long             | EC               | CORP              | US        |     10300 | NS      | $196112.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                 | Halozyme Therapeutics Inc                                                             | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      2800 | NS      | $188440.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity Inc                          | HealthEquity Inc                                                                      | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |      4529 | NS      | $414901.69    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                | HEICO Corp                                                                            | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      2976 | NS      | $963003.84    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Grand Vacations Inc                | Hilton Grand Vacations Inc                                                            | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |     12491 | NS      | $558972.25    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co                        | Crescent Energy Co                                                                    | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6384 | NS      | $53561.76     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp                                 | IDEX Corp                                                                             | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |      1502 | NS      | $267265.88    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Impinj Inc                                | Impinj Inc                                                                            | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               | CORP              | US        |      2530 | NS      | $440245.30    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                | Insmed Inc                                                                            | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      5344 | NS      | $930069.76    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems Inc               | Inspire Medical Systems Inc                                                           | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |       300 | NS      | $27669.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IonQ Inc                                  | IonQ Inc                                                                              | CUSIP: 46222L108<br>LEI: 529900RB2VEFGLQS7G28 | Long             | EC               | CORP              | US        |      2400 | NS      | $107688.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Kforce Inc                                | Kforce Inc                                                                            | CUSIP: 493732101<br>LEI: 5493003RDQQDVXY2SK46 | Long             | EC               | CORP              | US        |     11225 | NS      | $347077.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc                 | Kinsale Capital Group Inc                                                             | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |      1900 | NS      | $743128.00    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| LGI Homes Inc                             | LGI Homes Inc                                                                         | CUSIP: 50187T106<br>LEI: 549300W02B4WNV8CV109 | Long             | EC               | CORP              | US        |      3089 | NS      | $132703.44    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc                | LPL Financial Holdings Inc                                                            | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      2100 | NS      | $750057.00    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Marzetti Company/The                      | Marzetti Company/The                                                                  | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |      1200 | NS      | $197304.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc                     | Lantheus Holdings Inc                                                                 | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |      3500 | NS      | $232925.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Inc                                | Lazard Inc                                                                            | CUSIP: 52110M109<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | US        |     12317 | NS      | $598113.52    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ligand Pharmaceuticals Inc                | Ligand Pharmaceuticals Inc                                                            | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |      2672 | NS      | $505195.04    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc                            | MSA Safety Inc                                                                        | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |      2092 | NS      | $335012.88    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Masimo Corp                               | Masimo Corp                                                                           | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |       727 | NS      | $94553.62     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co                      | Matador Resources Co                                                                  | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |      5100 | NS      | $216444.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Maximus Inc                               | Maximus Inc                                                                           | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |      8556 | NS      | $738553.92    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc                 | Merit Medical Systems Inc                                                             | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |      4200 | NS      | $370188.00    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co                               | Moelis & Co                                                                           | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |      9136 | NS      | $628008.64    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare Inc                     | Molina Healthcare Inc                                                                 | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |      2319 | NS      | $402439.26    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc              | Monolithic Power Systems Inc                                                          | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |       847 | NS      | $767686.92    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc                | Neurocrine Biosciences Inc                                                            | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      7085 | NS      | $1004865.55   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextpower Inc                             | Nextpower Inc                                                                         | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8300 | NS      | $723013.00    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNIAB INC                                | OMNIAB INC                                                                            | CUSIP: 68218J202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1013 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| OMNIAB INC                                | OMNIAB INC                                                                            | CUSIP: 68218J301<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1013 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Option Care Health Inc                    | Option Care Health Inc                                                                | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |     18864 | NS      | $601007.04    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                               | Ovintiv Inc                                                                           | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |      7311 | NS      | $286518.09    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings Inc                      | Palomar Holdings Inc                                                                  | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |      1300 | NS      | $175188.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners Inc           | Pinnacle Financial Partners Inc                                                       | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |      5944 | NS      | $567117.04    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group Inc                   | Privia Health Group Inc                                                               | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8600 | NS      | $203906.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage Inc                          | Pure Storage Inc                                                                      | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |      4000 | NS      | $268040.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet Inc                                | RadNet Inc                                                                            | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |     21477 | NS      | $1532383.95   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Rhythm Pharmaceuticals Inc                | Rhythm Pharmaceuticals Inc                                                            | CUSIP: 76243J105<br>LEI: 529900JPNWXQ8DPLA551 | Long             | EC               | CORP              | US        |      1200 | NS      | $128448.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc                      | Rush Enterprises Inc                                                                  | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     24885 | NS      | $1342296.90   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Scholar Rock Holding Corp                 | Scholar Rock Holding Corp                                                             | CUSIP: 80706P103<br>LEI: 549300Z1FLPGL4OWJ459 | Long             | EC               | CORP              | US        |      3500 | NS      | $154175.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Semtech Corp                              | Semtech Corp                                                                          | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |      7632 | NS      | $562402.08    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp                               | SiTime Corp                                                                           | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3087 | NS      | $1090297.53   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp                    | Synovus Financial Corp                                                                | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |     11493 | NS      | $575224.65    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software Inc         | Take-Two Interactive Software Inc                                                     | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      2174 | NS      | $556609.22    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings Inc                      | Tenable Holdings Inc                                                                  | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |     12141 | NS      | $285677.73    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                            | Tetra Tech Inc                                                                        | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |     14395 | NS      | $482808.30    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings Inc                | Thermon Group Holdings Inc                                                            | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |      9149 | NS      | $339976.84    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan Machinery Inc                       | Titan Machinery Inc                                                                   | CUSIP: 88830R101<br>LEI: 549300835ZM8G0BT5C94 | Long             | EC               | CORP              | US        |     11743 | NS      | $176614.72    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| TopBuild Corp                             | TopBuild Corp                                                                         | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |      2873 | NS      | $1198586.87   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Travere Therapeutics Inc                  | Travere Therapeutics Inc                                                              | CUSIP: 89422G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14578 | NS      | $557025.38    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc                    | Tyler Technologies Inc                                                                | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |      2476 | NS      | $1123980.20   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings Inc                  | Ultra Clean Holdings Inc                                                              | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |      8673 | NS      | $219687.09    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                             | Valvoline Inc                                                                         | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |      9900 | NS      | $287694.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Varonis Systems Inc                       | Varonis Systems Inc                                                                   | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Long             | EC               | CORP              | US        |     21577 | NS      | $707725.60    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Vaxcyte Inc                               | Vaxcyte Inc                                                                           | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |      3300 | NS      | $152262.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Vera Therapeutics Inc                     | Vera Therapeutics Inc                                                                 | CUSIP: 92337R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7600 | NS      | $384864.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp                       | Verra Mobility Corp                                                                   | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |     10800 | NS      | $242028.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Waystar Holding Corp                      | Waystar Holding Corp                                                                  | CUSIP: 946784105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6800 | NS      | $222700.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX Inc                                   | WEX Inc                                                                               | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |      2797 | NS      | $416697.06    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                              | Wingstop Inc                                                                          | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |      1500 | NS      | $357735.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: —       |
| Workiva Inc                               | Workiva Inc                                                                           | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |      1358 | NS      | $117127.50    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS                                       | DWS Central Cash Management Government Fund                                           | CUSIP: 25160K306<br>LEI: 5493003GD84DGSXJ7618 | Long             | STIV             | RF                | US        |    538405 | NS      | $538405.15    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI Holdings Inc                         | YETI Holdings Inc                                                                     | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     15522 | NS      | $685606.74    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion plc                              | Allegion plc                                                                          | CUSIP: 000000000<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |      5799 | NS      | $923316.78    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd        | Credo Technology Group Holding Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      3300 | NS      | $474837.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                  | Fabrinet                                                                              | CUSIP: 000000000<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |       900 | NS      | $409752.00    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd                         | FTAI Aviation Ltd                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      2500 | NS      | $492125.00    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Helen of Troy Ltd                         | Helen of Troy Ltd                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      1963 | NS      | $41713.75     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kiniksa Pharmaceuticals International Plc | Kiniksa Pharmaceuticals International Plc                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |      8769 | NS      | $361721.25    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-15

**Name of Applicant:** DEUTSCHE DWS VARIABLE SERIES II

**Signature:** Diane Kenneally

**Name of Signer:** Diane Kenneally

**Title:** Treasurer and Chief Financial Officer