# EDGAR Filing Document

**Accession Number:** 0000908695
**File Stem:** 0001004726-26-005269
**Filing Date:** 2026-6
**Character Count:** 69815
**Document Hash:** d0ad1731181c7797a033874e9707fd83
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-005269.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0001004726-26-005269

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VICTORY PORTFOLIOS III
- **CENTRAL INDEX KEY:** 0000908695

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07852
- **FILM NUMBER:** 261120237

**BUSINESS ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256
- **BUSINESS PHONE:** 210-697-3625

**MAIL ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA MUTUAL FUNDS TRUST
- **DATE OF NAME CHANGE:** 20060420

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX FREE TRUST
- **DATE OF NAME CHANGE:** 19940325

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX EXEMPT TRUST
- **DATE OF NAME CHANGE:** 19930707

## Series and Classes Contracts Data

### Victory Science & Technology Fund (Formerly USAA Science & Technology Fund) (Series ID: S000012911)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000034880 | Victory Science & Technology Fund Shares  | USSCX           |
| C000220624 | Victory Science & Technology Fund Class A | USTCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios III

- **b. Investment Company Act file number:** 811-07852

- **c. CIK number of Registrant:** 0000908695

- **d. LEI of Registrant:** 549300WIDR2J6W1Y9S11

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

  - **Street Address 1:** 15935 La Cantera Pkwy Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-235-8396

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

- **a. Name of Series:** Victory Science & Technology Fund

- **b. EDGAR series identifier (if any):** S000012911

- **c. LEI of Series:** PB3SKW3PAFSC82EVGX20

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1424579778.38

**Total Liabilities:** $15544092.52

**Net Assets:** $1409035685.86

**Cash Not Reported:** $34378582.91

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000034880 | -4.37%               | -4.70%               | 18.19%               |
| Class ID C000220624 | -4.39%               | -4.73%               | 18.19%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9199746.78              | $-67147595.77                              |
| Month 2  | $5273395.88              | $-64185561.28                              |
| Month 3  | $18759559.91             | $196873024.39                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Absci Corp                                         | ABSCI CORP                             | CUSIP: 00091E109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    362068 | NS      | $1801288.30   | 0.13%             |  |  |  | No            | 1                  | On Loan: —       |
| ABBOTT LABORATORIES                                | ABBOTT LABORATORIES                    | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      2966 | NS      | $269283.14    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| ABBVIE INC.                                        | ABBVIE INC                             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      1414 | NS      | $298806.48    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| ABIOMED INC CVR                                    | ABIOMED INC CVR                        | CUSIP: 003CVR016<br>LEI: N/A                  | Long             | EC               |  | US        |       145 | NS      | $147.90       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| ACADIA HEALTHCARE COMPANY, INC.                    | ACADIA HEALTHCARE CO INC               | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |      1566 | NS      | $40551.57     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Adaptive Biotechnologies Corp                      | ADAPTIVE BIOTECHNOLOGIES               | CUSIP: 00650F109<br>LEI: 549300ZTF7OT1FW66Q96 | Long             | EC               | CORP              | US        |      2867 | NS      | $40424.70     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Spyre Therapeutics Inc                             | SPYRE THERAPEUTICS INC                 | CUSIP: 00773J202<br>LEI: 52990017AIJPRH3HQH40 | Long             | EC               | CORP              | US        |     76720 | NS      | $5711804.00   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| ADVANCED MICRO DEVICES, INC.                       | ADVANCED MICRO DEVICES INC             | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     18769 | NS      | $6653422.81   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| AGILENT TECHNOLOGIES, INC.                         | AGILENT TECHNOLOGIES INC               | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      1063 | NS      | $122829.65    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| AIRBNB, INC.                                       | AIRBNB INC CLASS A                     | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      8146 | NS      | $1143372.56   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Alamar Biosciences Inc                             | ALAMAR BIOSCIENCES INC                 | CUSIP: 010911105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       100 | NS      | $2504.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| ALIGNMENT HEALTHCARE, INC.                         | ALIGNMENT HEALTHCARE INC               | CUSIP: 01625V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1794 | NS      | $40436.76     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| ALNYLAM PHARMACEUTICALS, INC.                      | ALNYLAM PHARMACEUTICALS INC            | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |       242 | NS      | $74896.58     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| ALPHABET INC.                                      | ALPHABET INC CLASS A                   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    145566 | NS      | $56013796.80  | 3.98%             |  |  |  | No            | 1                  | On Loan: No      |
| AMAZON.COM, INC.                                   | AMAZON COM INC                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    196408 | NS      | $52059904.48  | 3.69%             |  |  |  | No            | 1                  | On Loan: No      |
| CENCORA, INC.                                      | CENCORA INC                            | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |       636 | NS      | $195894.36    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| AMPHENOL CORPORATION                               | AMPHENOL CORP CLASS A                  | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     73110 | NS      | $10766909.70  | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| AnaptysBio Inc                                     | ANAPTYSBIO INC                         | CUSIP: 032724106<br>LEI: 529900HH4WQT03IG1A12 | Long             | EC               | CORP              | US        |    187893 | NS      | $12350206.89  | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| ELEVANCE HEALTH, INC.                              | ELEVANCE HEALTH INC                    | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |       530 | NS      | $199502.60    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Apogee Therapeutics Inc                            | APOGEE THERAPEUTICS INC                | CUSIP: 03770N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75851 | NS      | $6287289.39   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| APPLE INC.                                         | APPLE INC                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    105416 | NS      | $28604631.60  | 2.03%             |  |  |  | No            | 1                  | On Loan: No      |
| APPFOLIO, INC.                                     | APPFOLIO INC                           | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |     16748 | NS      | $2798423.32   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| APPLOVIN CORPORATION                               | APPLOVIN CORP                          | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     73984 | NS      | $33022758.40  | 2.34%             |  |  |  | No            | 1                  | On Loan: No      |
| ARCUS BIOSCIENCES, INC.                            | ARCUS BIOSCIENCES INC                  | CUSIP: 03969F109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2077 | NS      | $52963.50     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| argenx SE                                          | ARGENX SE ADR                          | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             |  | CORP              | NL        |       112 | NS      | $87552.64     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| ARISTA NETWORKS, INC.                              | ARISTA NETWORKS INC                    | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    173826 | NS      | $30021488.46  | 2.13%             |  |  |  | No            | 1                  | On Loan: No      |
| ATHENEX INC                                        | ATHENEX INC                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |   5153482 | NS      | $0.05         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| ATLASSIAN CORPORATION                              | ATLASSIAN CORP PLC                     | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |     21952 | NS      | $1505687.68   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| AUTODESK, INC.                                     | AUTODESK INC                           | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     17040 | NS      | $4038480.00   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| AVANTOR, INC.                                      | AVANTOR INC                            | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6234 | NS      | $50495.40     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| BIOGEN INC.                                        | BIOGEN INC                             | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |       671 | NS      | $127006.88    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| BIO-TECHNE CORPORATION                             | BIO TECHNE CORP                        | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |       941 | NS      | $52056.12     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| BOSTON SCIENTIFIC CORPORATION                      | BOSTON SCIENTIFIC CORP                 | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |      3870 | NS      | $222950.70    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| GREAT BRITISH POUND                                | GREAT BRITISH POUND                    | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | GB        |      3291 | NS      | $4478.06      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| DANISH KRONER                                      | DANISH KRONER                          | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | DK        |      6822 | NS      | $1071.65      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| BRIDGEBIO PHARMA, INC.                             | BRIDGEBIO PHARMA INC                   | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |    161195 | NS      | $11462576.45  | 0.81%             |  |  |  | No            | 1                  | On Loan: No      |
| JAPANESE YEN                                       | JAPANESE YEN                           | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | JP        |   3036774 | NS      | $19399.35     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| SWISS FRANC                                        | SWISS FRANC                            | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | CH        |      2059 | NS      | $2635.50      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                       | BRISTOL MYERS SQUIBB CO                | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      1179 | NS      | $71435.61     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| BROADCOM INC.                                      | BROADCOM INC                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    134815 | NS      | $56275825.45  | 3.99%             |  |  |  | No            | 1                  | On Loan: No      |
| CVS HEALTH CORPORATION                             | CVS HEALTH CORP                        | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      2816 | NS      | $234544.64    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| CADENCE DESIGN SYSTEMS, INC.                       | CADENCE DESIGN SYSTEMS INC             | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     27709 | NS      | $9132609.31   | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| CAMP4 Therapeutics Corp                            | CAMP4 THERAPEUTICS CORP                | CUSIP: 13463J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    226602 | NS      | $944930.34    | 0.07%             |  |  |  | No            | 1                  | On Loan: —       |
| CARDINAL HEALTH, INC.                              | CARDINAL HEALTH INC                    | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |       634 | NS      | $122285.92    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| EURO                                               | EURO                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | XX        |     53606 | NS      | $62906.92     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| CELESTICA INC.                                     | CELESTICA INC                          | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |     12481 | NS      | $5112092.79   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| CELLDEX THERAPEUTICS, INC.                         | CELLDEX THERAPEUTICS INC               | CUSIP: 15117B202<br>LEI: 529900F018DMYWH38923 | Long             | EC               | CORP              | US        |      1231 | NS      | $40475.28     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| CENTENE CORPORATION                                | CENTENE CORP                           | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |       597 | NS      | $32052.93     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| CG Oncology Inc                                    | CG ONCOLOGY INC                        | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       178 | NS      | $11879.72     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| CIRRUS LOGIC, INC.                                 | CIRRUS LOGIC INC                       | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |     17550 | NS      | $2862054.00   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Coherent Corp.                                     | COHERENT CORP                          | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |    120164 | NS      | $38417632.44  | 2.73%             |  |  |  | No            | 1                  | On Loan: No      |
| CORNING INCORPORATED                               | CORNING INC                            | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      7211 | NS      | $1184334.64   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| CORPAY, INC.                                       | CORPAY INC                             | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      2993 | NS      | $917264.71    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Crinetics Pharmaceuticals Inc                      | CRINETICS PHARMACEUTICALS INC          | CUSIP: 22663K107<br>LEI: 549300Q1CNFXK5P31D28 | Long             | EC               | CORP              | US        |    142664 | NS      | $5532509.92   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| CROWDSTRIKE HOLDINGS, INC.                         | CROWDSTRIKE HOLDINGS INC A             | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     17163 | NS      | $7650407.25   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| CYTOKINETICS, INCORPORATED                         | CYTOKINETICS INC                       | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |       833 | NS      | $53287.01     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| DANAHER CORPORATION                                | DANAHER CORP                           | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      1450 | NS      | $259477.50    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| DATADOG, INC.                                      | DATADOG INC CLASS A                    | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |     25928 | NS      | $3427422.32   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| DEXCOM, INC.                                       | DEXCOM INC                             | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      1645 | NS      | $97959.75     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Dianthus Therapeutics Inc                          | DIANTHUS THERAPEUTICS INC              | CUSIP: 252828108<br>LEI: 549300Z3N6ODPCOFC890 | Long             | EC               | CORP              | US        |       465 | NS      | $40827.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Disc Medicine Inc                                  | DISC MEDICINE INC                      | CUSIP: 254604101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64634 | NS      | $4262612.30   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| DOCUSIGN, INC.                                     | DOCUSIGN INC                           | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |     61822 | NS      | $2843193.78   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| DROPBOX, INC.                                      | DROPBOX INC                            | CUSIP: 26210C104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    123773 | NS      | $3006446.17   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| DYNATRACE, INC.                                    | DYNATRACE INC                          | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     73030 | NS      | $2644416.30   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Dyne Therapeutics, Inc                             | DYNE THERAPEUTICS INC                  | CUSIP: 26818M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102659 | NS      | $1801665.45   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| EDWARDS LIFESCIENCES CORPORATION                   | EDWARDS LIFESCIENCES CORPORATION       | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      2902 | NS      | $242317.00    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| ELANCO ANIMAL HEALTH INCORPORATED                  | ELANCO ANIMAL HEALTH INC               | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |      2880 | NS      | $64425.60     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| ENCOMPASS HEALTH CORPORATION                       | ENCOMPASS HEALTH CORP                  | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |       636 | NS      | $63600.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| EURONET WORLDWIDE, INC.                            | EURONET WORLDWIDE INC                  | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     34530 | NS      | $2499281.40   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| META PLATFORMS, INC.                               | META PLATFORMS INC                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    124342 | NS      | $76086113.22  | 5.40%             |  |  |  | No            | 1                  | On Loan: No      |
| FAIR ISAAC CORPORATION                             | FAIR ISAAC CORP                        | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |      1914 | NS      | $1961850.00   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| First Tracks Biotherapeutics Inc                   | FIRST TRACKS BIOTHERAPEUTICS INC       | CUSIP: 337185102<br>LEI: 529900CGIGKN4R5RO925 | Long             | EC               | CORP              | US        |    187893 | NS      | $4372270.11   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| FORTINET, INC.                                     | FORTINET INC                           | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |      8371 | NS      | $705759.01    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| GARTNER, INC.                                      | GARTNER INC                            | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |      5809 | NS      | $862578.41    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| GODADDY INC.                                       | GODADDY INC CLASS A                    | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |     51536 | NS      | $4472809.44   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| GUARDANT HEALTH, INC.                              | GUARDANT HEALTH INC                    | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |    222060 | NS      | $19336984.80  | 1.37%             |  |  |  | No            | 1                  | On Loan: No      |
| HCA HEALTHCARE, INC.                               | HCA HEALTHCARE INC                     | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |       396 | NS      | $172042.20    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| HCI GROUP, INC.                                    | HCI GROUP INC                          | CUSIP: 40416E103<br>LEI: 549300CZF7EZJH0MPH74 | Long             | EC               | CORP              | US        |     25873 | NS      | $3973316.61   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Heartflow Inc                                      | HEARTFLOW INC                          | CUSIP: 42238D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1926 | NS      | $57317.76     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| HUBSPOT, INC.                                      | HUBSPOT INC                            | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      4156 | NS      | $921634.56    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| IDEAYA Biosciences Inc                             | IDEAYA BIOSCIENCES INC                 | CUSIP: 45166A102<br>LEI: 549300ULW08F62IJML11 | Long             | EC               | CORP              | US        |    160856 | NS      | $4680909.60   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Immunome Inc                                       | IMMUNOME INC                           | CUSIP: 45257U108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1553 | NS      | $35625.82     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| IMMUNOCORE HOLDINGS PLC                            | IMMUNOCORE HOLDINGS PLC                | CUSIP: 45258D105<br>LEI: 213800IUE3DFS84BVN18 | Long             |  | CORP              | GB        |      1459 | NS      | $40720.69     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| IMPINJ, INC.                                       | IMPINJ INC                             | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               | CORP              | US        |     42730 | NS      | $6192431.60   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| INCYTE CORPORATION                                 | INCYTE PHARMACEUTICALS INC             | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |       807 | NS      | $76882.89     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| INSMED INCORPORATED                                | INSMED INC                             | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |     62349 | NS      | $8500039.17   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Inspire Medical Systems Inc                        | INSPIRE MEDICAL SYSTEM INC             | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |       701 | NS      | $39354.14     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| INTUIT INC.                                        | INTUIT INC                             | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     12805 | NS      | $4974742.50   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| INTUITIVE SURGICAL, INC.                           | INTUITIVE SURGICAL INC                 | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |       763 | NS      | $349156.43    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| IONIS PHARMACEUTICALS, INC.                        | IONIS PHARMACEUTICALS INC              | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |      1036 | NS      | $77451.36     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Expanded Tech Sector ETF                   | ISHARES EXPANDED TECH SECTOR           | CUSIP: 464287549<br>LEI: N/A                  | Long             |  | RF                | US        |     35403 | NS      | $5061920.94   | 0.36%             |  |  |  | No            | 1                  | On Loan: —       |
| JOHNSON & JOHNSON                                  | JOHNSON JOHNSON                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      2528 | NS      | $581060.80    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| KLA CORPORATION                                    | KLA CORP                               | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     12234 | NS      | $21413781.90  | 1.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Kailera Therapeutics Inc                           | KAILERA THERAPEUTICS INC               | CUSIP: 482931102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3360 | NS      | $84000.00     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Klaviyo Inc                                        | KLAVIYO INC                            | CUSIP: 49845K101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    305982 | NS      | $6147178.38   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Kymera Therapeutics Inc                            | KYMERA THERAPEUTICS INC                | CUSIP: 501575104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36756 | NS      | $2979808.92   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| LAM RESEARCH CORPORATION                           | LAM RESEARCH CORP                      | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    143854 | NS      | $37094192.44  | 2.63%             |  |  |  | No            | 1                  | On Loan: No      |
| ELI LILLY AND COMPANY                              | ELI LILLY CO                           | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     12520 | NS      | $11701192.00  | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| MKS, INCORPORATED.                                 | MKS INC                                | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |      3614 | NS      | $1025472.50   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC.          | MACOM TECHNOLOGY SOLUTIONS HOL         | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91031 | NS      | $25635239.91  | 1.82%             |  |  |  | No            | 1                  | On Loan: No      |
| MADRIGAL PHARMACEUTICALS, INC.                     | MADRIGAL PHARMACEUTICALS INC           | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Long             | EC               | CORP              | US        |       131 | NS      | $67778.09     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| UCB SA                                             | UCB SA                                 | CUSIP: N/A<br>LEI: 2138008J191VLSGY5A09       | Long             | EC               | CORP              | BE        |       276 | NS      | $75142.96     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| MANHATTAN ASSOCIATES, INC.                         | MANHATTAN ASSOCIATES INC               | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |     12917 | NS      | $1781125.13   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Maplebear Inc                                      | MAPLEBEAR INC                          | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    132576 | NS      | $5614593.60   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| MASTERCARD INCORPORATED                            | MASTERCARD INC CLASS A                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     11406 | NS      | $5736305.52   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| MAXLINEAR, INC.                                    | MAXLINEAR INC                          | CUSIP: 57776J100<br>LEI: 549300EMOI0SM2IY4F64 | Long             | EC               | CORP              | US        |    265441 | NS      | $18779950.75  | 1.33%             |  |  |  | No            | 1                  | On Loan: No      |
| MercadoLibre, Inc.                                 | MERCADOLIBRE INC                       | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       675 | NS      | $1210025.25   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| MERCK & CO., INC.                                  | MERCK CO INC                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      5521 | NS      | $602782.78    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| MICROSOFT CORPORATION                              | MICROSOFT CORP                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    188343 | NS      | $76802508.54  | 5.45%             |  |  |  | No            | 1                  | On Loan: No      |
| MICRON TECHNOLOGY, INC.                            | MICRON TECHNOLOGY INC                  | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     17033 | NS      | $8808786.28   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Mineralys Therapeutics Inc                         | MINERALYS THERAPEUTICS INC             | CUSIP: 603170101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1348 | NS      | $35924.20     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| MIRUM PHARMACEUTICALS, INC.                        | MIRUM PHARMACEUTICALS INC              | CUSIP: 604749101<br>LEI: 254900YZKR40F7F27K81 | Long             | EC               | CORP              | US        |       507 | NS      | $49336.17     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| MONOLITHIC POWER SYSTEMS, INC.                     | MONOLITHIC POWER SYSTEMS INC           | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     23808 | NS      | $38435873.28  | 2.73%             |  |  |  | No            | 1                  | On Loan: No      |
| NATERA, INC.                                       | NATERA INC                             | CUSIP: 632307104<br>LEI: 529900CQ3OZ0A0VYVU59 | Long             | EC               | CORP              | US        |     52900 | NS      | $10905864.00  | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| NAVAN, INC.                                        | NAVAN INC                              | CUSIP: 639193101<br>LEI: 254900RHRK35UPHTGY05 | Long             | EC               | CORP              | US        |    290038 | NS      | $5072764.62   | 0.36%             |  |  |  | No            | 1                  | On Loan: —       |
| NETFLIX, INC.                                      | NETFLIX INC                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    212641 | NS      | $19905324.01  | 1.41%             |  |  |  | No            | 1                  | On Loan: No      |
| SK hynix Inc.                                      | SK HYNIX INC                           | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |      7614 | NS      | $6792211.23   | 0.48%             |  |  |  | No            | 2                  | On Loan: No      |
| NOVANTA INC.                                       | NOVANTA INC                            | CUSIP: 67000B104<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     42364 | NS      | $5487408.92   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| NUTANIX, INC.                                      | NUTANIX INC A                          | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |     35611 | NS      | $1456133.79   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| NVIDIA CORPORATION                                 | NVIDIA CORP                            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    740298 | NS      | $147741271.86 | 10.49%            |  |  |  | No            | 1                  | On Loan: No      |
| Nuvalent, Inc                                      | NUVALENT INC                           | CUSIP: 670703107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       197 | NS      | $19755.16     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Olema Pharmaceuticals Inc                          | OLEMA PHARMACEUTICALS INC              | CUSIP: 68062P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    254784 | NS      | $3671437.44   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| ORACLE CORPORATION                                 | ORACLE CORP                            | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    119017 | NS      | $19208153.63  | 1.36%             |  |  |  | No            | 1                  | On Loan: No      |
| OPTION CARE HEALTH, INC.                           | OPTION CARE HEALTH INC                 | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |      1871 | NS      | $38037.43     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Oric Pharmaceuticals Inc                           | ORIC PHARMACEUTICALS INC               | CUSIP: 68622P109<br>LEI: 54930033FJRNEYBW0L25 | Long             | EC               | CORP              | US        |    358298 | NS      | $3539984.24   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Taiwan Semiconductor Manufacturing Company Limited | TAIWAN SEMICONDUCTOR MANUFACTU         | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |     92505 | NS      | $6422780.30   | 0.46%             |  |  |  | No            | 2                  | On Loan: No      |
| PTC THERAPEUTICS, INC.                             | PTC THERAPEUTICS INC                   | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |       694 | NS      | $45151.64     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| PALANTIR TECHNOLOGIES INC.                         | PALANTIR TECHNOLOGIES INC              | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     89830 | NS      | $12496251.30  | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| PALO ALTO NETWORKS, INC.                           | PALO ALTO NETWORKS INC                 | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     67508 | NS      | $12105534.56  | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| PEGASYSTEMS INC.                                   | PEGASYSTEMS INC                        | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |    126405 | NS      | $4620102.75   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| PINTEREST, INC.                                    | PINTEREST INC                          | CUSIP: 72352L106<br>LEI: 529900Y043CEBGO4HB65 | Long             | EC               | CORP              | US        |     32788 | NS      | $644612.08    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Protagonist Therapeutics Inc                       | PROTAGONIST THERAPEUTICS INC           | CUSIP: 74366E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77852 | NS      | $7705012.44   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| REDDIT, INC.                                       | REDDIT INC                             | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |     75167 | NS      | $11066837.41  | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| REGENERON PHARMACEUTICALS, INC.                    | REGENERON PHARMACEUTICALS INC          | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       252 | NS      | $178179.12    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| REVOLUTION MEDICINES, INC.                         | REVOLUTION MEDICINES INC               | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Long             | EC               | CORP              | US        |    152378 | NS      | $21960717.36  | 1.56%             |  |  |  | No            | 1                  | On Loan: No      |
| RINGCENTRAL, INC.                                  | RINGCENTRAL INC CLASS A                | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               | CORP              | US        |    118674 | NS      | $4773068.28   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| ROBLOX CORPORATION                                 | ROBLOX CORP                            | CUSIP: 771049103<br>LEI: 529900ANZDBDFU91SO19 | Long             | EC               | CORP              | US        |     60108 | NS      | $3321568.08   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| RUBRIK, INC.                                       | RUBRIK INC                             | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |     57989 | NS      | $3083855.02   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| SALESFORCE, INC.                                   | SALESFORCE INC                         | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     23643 | NS      | $4173698.79   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Samsara Inc                                        | SAMSARA INC                            | CUSIP: 79589L106<br>LEI: 529900IE80DQBIFK3M88 | Long             | EC               | CORP              | US        |    155793 | NS      | $4477490.82   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| SANDISK CORPORATION                                | SANDISK CORP DE                        | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4841 | NS      | $5308204.91   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Scholar Rock Holding Corp                          | SCHOLAR ROCK HOLDING CORP              | CUSIP: 80706P103<br>LEI: 549300Z1FLPGL4OWJ459 | Long             | EC               | CORP              | US        |       987 | NS      | $46004.07     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| SEMTECH CORPORATION                                | SEMTECH CORP                           | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |    166004 | NS      | $17438720.20  | 1.24%             |  |  |  | No            | 1                  | On Loan: No      |
| SERVICENOW, INC.                                   | SERVICENOW INC                         | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    163640 | NS      | $14451048.40  | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| SHOPIFY INC.                                       | SHOPIFY INC                            | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     27311 | NS      | $3308181.43   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| SILICON MOTION TECHNOLOGY CORPORATION              | SILICON MOTION TECHNOLOGY CORP         | CUSIP: 82706C108<br>LEI: 5299005RBVBZQJTYFC89 | Long             |  | CORP              | KY        |     52534 | NS      | $11493388.52  | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| SNOWFLAKE INC.                                     | SNOWFLAKE INC                          | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     96003 | NS      | $13101529.41  | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| BLOCK, INC.                                        | Block Inc                              | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     24639 | NS      | $1737295.89   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Stoke Therapeutics Inc                             | STOKE THERAPEUTICS INC                 | CUSIP: 86150R107<br>LEI: 549300RD25SS2DIJHJ67 | Long             | EC               | CORP              | US        |      1020 | NS      | $33374.40     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| STRYKER CORPORATION                                | STRYKER CORP                           | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |       361 | NS      | $113761.93    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Structure Therapeutics Inc                         | STRUCTURE THERAPEUTICS INC             | CUSIP: 86366E106<br>LEI: N/A                  | Long             |  | CORP              | KY        |       949 | NS      | $39336.05     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| SYNOPSYS, INC.                                     | SYNOPSYS INC                           | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     29518 | NS      | $14245386.80  | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| TAKE-TWO INTERACTIVE SOFTWARE, INC.                | TAKE TWO INTERACTIVE SOFTWARE          | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |     58274 | NS      | $12456650.24  | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| THERMO FISHER SCIENTIFIC INCORPORATED              | THERMO FISHER SCIENTIFIC INC           | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       374 | NS      | $179131.04    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| TOAST, INC.                                        | TOAST INC                              | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |    113691 | NS      | $3242467.32   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Trevi Therapeutics Inc                             | TREVI THERAPEUTICS INC                 | CUSIP: 89532M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2379 | NS      | $32735.04     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Twist Bioscience Corp                              | TWIST BIOSCIENCE CORP                  | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |    113554 | NS      | $6637231.30   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| UNITED THERAPEUTICS CORPORATION                    | UNITED THERAPEUTICS CORP               | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |       200 | NS      | $114270.00    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                    | UNITEDHEALTH GROUP INC                 | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1477 | NS      | $547198.96    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| VARONIS SYSTEMS, INC.                              | VARONIS SYSTEMS INC                    | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Long             | EC               | CORP              | US        |    354770 | NS      | $9330451.00   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Vaxcyte Inc                                        | VAXCYTE INC                            | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |       567 | NS      | $32455.08     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| VERTEX PHARMACEUTICALS INCORPORATED                | VERTEX PHARAMACEUTICALS INC            | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     16874 | NS      | $7211610.12   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Viridian Therapeutics Inc                          | VIRIDIAN THERAPEUTICS INC              | CUSIP: 92790C104<br>LEI: 549300C775BNYF550E70 | Long             | EC               | CORP              | US        |    251008 | NS      | $3383587.84   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| VISA INC.                                          | VISA INC CLASS A                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     44085 | NS      | $14540996.40  | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| WORKDAY, INC.                                      | WORKDAY INC                            | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     17875 | NS      | $2187900.00   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Xenon Pharmaceuticals Inc                          | XENON PHARMACEUTICALS INC              | CUSIP: 98420N105<br>LEI: 549300XV44Q9Z1MIPQ03 | Long             | EC               | CORP              | CA        |       626 | NS      | $35081.04     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| ZSCALER, INC.                                      | ZSCALER INC                            | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |     28508 | NS      | $3725425.44   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Zymeworks Inc                                      | ZYMEWORKS INC                          | CUSIP: 98985Y108<br>LEI: 894500AHOYAGYLYZJL67 | Long             | EC               | CORP              | US        |     82485 | NS      | $2271636.90   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Jiangsu Hengrui Pharmaceuticals Co.,Ltd            | JIANGSU HENGRUI PHARMACEUTICALS CO LTD | CUSIP: N/A<br>LEI: 2549003BT1XS3SE3E448       | Long             | EC               | CORP              | CN        |      4318 | NS      | $36005.62     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| GSK PLC                                            | GSK PLC                                | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |      4770 | NS      | $125035.05    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| GenFleet Therapeutics (Shanghai) Inc               | GENFLEET THERAPEUTICS SHANGHAI INC     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |      7550 | NS      | $41994.51     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Galderma Group AG                                  | GALDERMA GROUP AG                      | CUSIP: N/A<br>LEI: 89450001OK6O8ELQ4584       | Long             | EC               | CORP              | CH        |       267 | NS      | $56025.58     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| ASTRAZENECA PLC                                    | ASTRAZENECA PLC                        | CUSIP: G0593M107<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |       204 | NS      | $38223.48     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Credo Technology Group Holding Ltd                 | CREDO TECHNOLOGY GROUP HOLDING LTD     | CUSIP: G25457105<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     83969 | NS      | $14611445.69  | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| FABRINET                                           | FABRINET                               | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |     23208 | NS      | $15861971.76  | 1.13%             |  |  |  | No            | 1                  | On Loan: No      |
| ICON PUBLIC LIMITED COMPANY                        | ICON PLC                               | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |       452 | NS      | $53485.16     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY                   | MEDTRONIC PLC                          | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |      1393 | NS      | $112791.21    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY | SEAGATE TECHNOLOGY HOLD                | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |     29266 | NS      | $19714748.24  | 1.40%             |  |  |  | No            | 1                  | On Loan: No      |
| STERIS PUBLIC LIMITED COMPANY                      | STERIS PLC                             | CUSIP: G8473T100<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |       369 | NS      | $80028.72     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND     | GLDMN SCHS FIN SQ GV-FST               | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3601978 | NS      | $3601978.44   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Oculis Holding AG                                  | OCULIS HOLDING AG                      | CUSIP: H5870P102<br>LEI: 5067005370C2KK324336 | Long             | EC               | CORP              | CH        |      1450 | NS      | $39846.00     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND               | HSBC US GOVT MMKT-I                    | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3601978 | NS      | $3601978.44   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO              | INVESCO GVT & AGNCY-INST               | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3601978 | NS      | $3601978.44   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| ASCENDIS PHARMA A/S                                | ASCENDIS PHARMA A S                    | CUSIP: K08588103<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |       298 | NS      | $68355.24     | 0.00%             |  |  |  | No            | 1                  | On Loan: —       |
| CYBERARK SOFTWARE LTD                              | CYBERARK SOFTWARE LTD                  | CUSIP: M26CNT069<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     24033 | NS      | $1081485.00   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| JFROG LTD                                          | JFROG LTD                              | CUSIP: M6191J100<br>LEI: 2549002N8E00AY49G567 | Long             | EC               | CORP              | IL        |    192619 | NS      | $8945226.36   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| WIX.COM LTD                                        | WIX COM LTD                            | CUSIP: M98068105<br>LEI: 5493008P6N29Q1AG9464 | Long             | EC               | CORP              | IL        |     34966 | NS      | $2611610.54   | 0.19%             |  |  |  | No            | 1                  | On Loan: —       |
| MSILF Government Portfolio                         | MSILF GOVERNMENT-INST                  | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3601978 | NS      | $3601978.43   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| ASML Holding N.V.                                  | ASML HOLDING NV                        | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             |  | CORP              | NL        |      2235 | NS      | $3216142.65   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Elastic N.V.                                       | ELASTIC NV                             | CUSIP: N14506104<br>LEI: 2549003I48WHHH937I59 | Long             | EC               | CORP              | NL        |     33581 | NS      | $1559165.83   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| NewAmsterdam Pharma Company NV                     | NEWAMSTERDAM PHARMA CO NV              | CUSIP: N62509109<br>LEI: 984500B6549TF6E14D36 | Long             | EC               | CORP              | NL        |       727 | NS      | $20763.12     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Pharvaris NV                                       | PHARVARIS NV                           | CUSIP: N69605108<br>LEI: 9845003BE146D3B75D32 | Long             | EC               | CORP              | NL        |      1659 | NS      | $51445.59     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Qiagen N.V.                                        | QIAGEN NV COM                          | CUSIP: N72482156<br>LEI: 54930036WK3GMCN17Z57 | Long             | EC               | CORP              | NL        |      1120 | NS      | $38729.60     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Nebius Group N.V.                                  | NEBIUS GROUP NV                        | CUSIP: N97284108<br>LEI: 549300GGZHJ5Q1B18P93 | Long             | EC               | CORP              | NL        |     79805 | NS      | $11031445.15  | 0.78%             |  |  |  | Yes           | 1                  | On Loan: —       |
| FLEX LTD.                                          | FLEX LTD                               | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | SG        |     48596 | NS      | $4448963.80   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Victory Portfolios III

**Signature:** Carol D. Trevino

**Name of Signer:** Carol D. Trevino

**Title:** Treasurer