# EDGAR Filing Document

**Accession Number:** 0001668512
**File Stem:** 0001752724-25-189575
**Filing Date:** 2025-8
**Character Count:** 34762
**Document Hash:** 1e3bc5b1858921618ec1ee8dc290f92c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-189575.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0001752724-25-189575

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Guardian Variable Products Trust
- **CENTRAL INDEX KEY:** 0001668512

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23148
- **FILM NUMBER:** 251223254

**BUSINESS ADDRESS:**
- **STREET 1:** 10 HUDSON YARDS, 22 FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** (212)598-8000

**MAIL ADDRESS:**
- **STREET 1:** 10 HUDSON YARDS, 22 FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

## Series and Classes Contracts Data

### Guardian Small Cap Value Diversified VIP Fund (formerly, Guardian Small Cap Core VIP Fund) (Series ID: S000061838)

| Class ID   | Class Name                                                                                 | Ticker Symbol   |
|:---|:---|:---|
| C000200216 | Guardian Small Cap Value Diversified VIP Fund (formerly, Guardian Small Cap Core VIP Fund) |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Guardian Variable Products Trust

- **b. Investment Company Act file number:** 811-23148

- **c. CIK number of Registrant:** 0001668512

- **d. LEI of Registrant:** 549300S9PVDT6IL3OT03

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

  - **Street Address 1:** 10 Hudson Yards

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

  - **Telephone number:** 212-598-8000

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

- **a. Name of Series:** Guardian Small Cap Value Diversified VIP Fund

- **b. EDGAR series identifier (if any):** S000061838

- **c. LEI of Series:** 549300CGXHPB0PH7BX81

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $177629576.38

**Total Liabilities:** $199242.33

**Net Assets:** $177430334.05

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000200216 | -5.34%               | 5.39%                | 4.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-540048.67              | $-8267893.17                               |
| Month 2  | $15634746.08             | $-7182429.19                               |
| Month 3  | $1712788.14              | $5964493.40                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ERO Copper Corp                          | ERO Copper Corp                          | CUSIP: 296006109<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |    112967 | NS      | $1903493.95   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| First BanCorp/Puerto Rico                | First BanCorp/Puerto Rico                | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |     82241 | NS      | $1713080.03   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| DHT Holdings Inc                         | DHT Holdings Inc                         | CUSIP: 000000000<br>LEI: 549300SMD6IVZYT74K40 | Long             | EC               | CORP              | MH        |    153639 | NS      | $1660837.59   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPRO GROUP HOLDINGS NV                  | Expro Group Holdings NV                  | CUSIP: 000000000<br>LEI: 724500LJYA8QIT73H017 | Long             | EC               | CORP              | NL        |    100061 | NS      | $859523.99    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Infinity Natural Resources Inc           | Infinity Natural Resources Inc           | CUSIP: 456941103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89685 | NS      | $1642132.35   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Scorpio Tankers Inc                      | Scorpio Tankers Inc                      | CUSIP: 000000000<br>LEI: 549300NVJUH16NXG8K87 | Long             | EC               | CORP              | MH        |     68350 | NS      | $2674535.50   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings Inc                   | FirstCash Holdings Inc                   | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6489 | NS      | $876923.46    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland Inc                              | Ashland Inc                              | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |     31720 | NS      | $1594881.60   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Gildan Activewear Inc                    | Gildan Activewear Inc                    | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |     53067 | NS      | $2613019.08   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica Inc                            | Primerica Inc                            | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |      1545 | NS      | $422820.15    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BKV Corp                                 | BKV Corp                                 | CUSIP: 05603J108<br>LEI: 549300S3T4Z01TRFU656 | Long             | EC               | CORP              | US        |    100874 | NS      | $2433080.88   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomad Foods Ltd                          | Nomad Foods Ltd                          | CUSIP: 000000000<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | VG        |     91867 | NS      | $1560820.33   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                                  | KBR Inc                                  | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     32288 | NS      | $1547886.72   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Under Armour Inc                         | Under Armour Inc                         | CUSIP: 904311206<br>LEI: 549300D4549QKWETZ406 | Long             | EC               | CORP              | US        |    140900 | NS      | $914441.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentherm Inc                             | Gentherm Inc                             | CUSIP: 37253A103<br>LEI: HKM6YX1U5JS60TCUB219 | Long             | EC               | CORP              | US        |     35397 | NS      | $1001381.13   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosperity Bancshares Inc                | Prosperity Bancshares Inc                | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39600 | NS      | $2781504.00   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co/The                            | Mosaic Co/The                            | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     35623 | NS      | $1299527.04   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BGC Group Inc                            | BGC Group Inc                            | CUSIP: 088929104<br>LEI: 2549001IGRCG4F0RLD36 | Long             | EC               | CORP              | US        |    412434 | NS      | $4219199.82   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstone Copper Corp                     | Capstone Copper Corp                     | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    363605 | NS      | $2232228.97   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                           | Air Lease Corp                           | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |     57211 | NS      | $3346271.39   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Wayfair Inc                              | Wayfair Inc                              | CUSIP: 94419L101<br>LEI: 54930027N9ZAVYFDHK53 | Long             | EC               | CORP              | US        |      9095 | NS      | $465118.30    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| First Commonwealth Financial Corp        | First Commonwealth Financial Corp        | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |    139655 | NS      | $2266600.65   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS Inc                         | Leonardo DRS Inc                         | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |     39491 | NS      | $1835541.68   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Maximus Inc                              | Maximus Inc                              | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |     23792 | NS      | $1670198.40   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                            | Coherent Corp                            | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |     21502 | NS      | $1918193.42   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group Inc                  | CNO Financial Group Inc                  | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     48710 | NS      | $1879231.80   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corp                              | Kemper Corp                              | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |     65101 | NS      | $4201618.54   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                | Halozyme Therapeutics Inc                | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     18021 | NS      | $937452.42    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO Logistics Inc                        | GXO Logistics Inc                        | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |     61678 | NS      | $3003718.60   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                               | MasTec Inc                               | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |      9942 | NS      | $1694415.06   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| NV5 Global Inc                           | NV5 Global Inc                           | CUSIP: 62945V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18830 | NS      | $434784.70    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                               | Arcosa Inc                               | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     19105 | NS      | $1656594.55   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc                  | Century Communities Inc                  | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |     15024 | NS      | $846151.68    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Slide Insurance Holdings Inc             | Slide Insurance Holdings Inc             | CUSIP: 831349105<br>LEI: 2549004LDWZTPC69SX47 | Long             | EC               | CORP              | US        |     35057 | NS      | $759334.62    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy Inc                         | Viper Energy Inc                         | CUSIP: 927959106<br>LEI: 5299009LINL232255G03 | Long             | EC               | CORP              | US        |     21930 | NS      | $836190.90    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group Inc            | Northwestern Energy Group Inc            | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |     42702 | NS      | $2190612.60   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                                | Spire Inc                                | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     34557 | NS      | $2522315.43   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradata Corp                            | Teradata Corp                            | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |     92926 | NS      | $2073179.06   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| WesBanco Inc                             | WesBanco Inc                             | CUSIP: 950810101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54270 | NS      | $1716560.10   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellium SE                           | Constellium SE                           | CUSIP: 000000000<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |    161041 | NS      | $2141845.30   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp                         | Black Hills Corp                         | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     36555 | NS      | $2050735.50   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc               | Brixmor Property Group Inc               | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               |  | US        |    138006 | NS      | $3593676.24   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Calix Inc                                | Calix Inc                                | CUSIP: 13100M509<br>LEI: 5299002RQRZ4SXSCSJ58 | Long             | EC               | CORP              | US        |      9682 | NS      | $514985.58    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                            | MYR Group Inc                            | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |     11106 | NS      | $2015183.70   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp                            | Huntsman Corp                            | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |    132064 | NS      | $1376106.88   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Motion Technology Corp           | Silicon Motion Technology Corp           | CUSIP: 82706C108<br>LEI: 5299005RBVBZQJTYFC89 | Long             | EC               | CORP              | KY        |     67465 | NS      | $5071344.05   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Verint Systems Inc                       | Verint Systems Inc                       | CUSIP: 92343X100<br>LEI: 549300KEQJS5FRVUCO94 | Long             | EC               | CORP              | US        |     99136 | NS      | $1950005.12   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd                | Axis Capital Holdings Ltd                | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |     16644 | NS      | $1727980.08   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                             | SM Energy Co                             | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     51916 | NS      | $1282844.36   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Grocery Outlet Holding Corp              | Grocery Outlet Holding Corp              | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58808 | NS      | $730395.36    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co                             | Crane NXT Co                             | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |     41956 | NS      | $2261428.40   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co             | Portland General Electric Co             | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     72191 | NS      | $2933120.33   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadstone Net Lease Inc                 | Broadstone Net Lease Inc                 | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               |  | US        |    137130 | NS      | $2200936.50   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Diodes Inc                               | Diodes Inc                               | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |     22470 | NS      | $1188438.30   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| First Advantage Corp                     | First Advantage Corp                     | CUSIP: 31846B108<br>LEI: 549300RNJ0PXU8FP7D06 | Long             | EC               | CORP              | US        |     43224 | NS      | $717950.64    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Cargurus Inc                             | Cargurus Inc                             | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |     77060 | NS      | $2579198.20   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                              | Popular Inc                              | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     19054 | NS      | $2099941.34   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings Inc | Knight-Swift Transportation Holdings Inc | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55880 | NS      | $2471572.40   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Phreesia Inc                             | Phreesia Inc                             | CUSIP: 71944F106<br>LEI: 5493000HHF8NU4QOCG53 | Long             | EC               | CORP              | US        |     73540 | NS      | $2092948.40   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Financial Services Corp       | Enterprise Financial Services Corp       | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |     61015 | NS      | $3361926.50   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Chime Financial Inc                      | Chime Financial Inc                      | CUSIP: 16935C109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14494 | NS      | $500187.94    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group Inc                        | Newmark Group Inc                        | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    136607 | NS      | $1659775.05   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp                                 | SLM Corp                                 | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53875 | NS      | $1766561.25   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries Inc                       | ABM Industries Inc                       | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |     57631 | NS      | $2720759.51   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| thyssenkrupp AG                          | thyssenkrupp AG                          | CUSIP: 000000000<br>LEI: 549300UDG16DOYUPR330 | Long             | EC               | CORP              | DE        |    155174 | NS      | $1666341.98   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Getty Realty Corp                        | Getty Realty Corp                        | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               |  | US        |    111495 | NS      | $3081721.80   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Bulk Carriers Corp                  | Star Bulk Carriers Corp                  | CUSIP: 000000000<br>LEI: 549300SO3FMK7H6DDY54 | Long             | EC               | CORP              | MH        |     94210 | NS      | $1625122.50   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightView Holdings Inc                  | BrightView Holdings Inc                  | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |    230760 | NS      | $3842154.00   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc                    | Bath & Body Works Inc                    | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |     54013 | NS      | $1618229.48   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries Inc                       | UFP Industries Inc                       | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |      9395 | NS      | $933487.20    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp              | National Bank Holdings Corp              | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60538 | NS      | $2276834.18   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillman Solutions Corp                   | Hillman Solutions Corp                   | CUSIP: 431636109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    224886 | NS      | $1605686.04   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Energy Solutions Inc               | Atlas Energy Solutions Inc               | CUSIP: 642045108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26527 | NS      | $354665.99    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc                   | Advance Auto Parts Inc                   | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |     23686 | NS      | $1101162.14   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co                      | Allegiant Travel Co                      | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |     17350 | NS      | $953382.50    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Voyix Corp                           | NCR Voyix Corp                           | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |    259773 | NS      | $3047137.29   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Driven Brands Holdings Inc               | Driven Brands Holdings Inc               | CUSIP: 26210V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    125344 | NS      | $2201040.64   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp                    | Tenet Healthcare Corp                    | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |      8870 | NS      | $1561120.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ADT Inc                                  | ADT Inc                                  | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    198323 | NS      | $1679795.81   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp                   | Webster Financial Corp                   | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     60457 | NS      | $3300952.20   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services Inc                  | Kodiak Gas Services Inc                  | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25375 | NS      | $869601.25    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co                     | Commercial Metals Co                     | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     29517 | NS      | $1443676.47   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Warrior Met Coal Inc                     | Warrior Met Coal Inc                     | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Long             | EC               | CORP              | US        |     48070 | NS      | $2203048.10   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fixed Income Clearing Corp               | FIXED INC CLEARING CORP.REPO             | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |   3907508 | PA      | $3907507.94   | 2.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Teleflex Inc                             | Teleflex Inc                             | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |     28984 | NS      | $3430546.24   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                              | Enovis Corp                              | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |    106781 | NS      | $3348652.16   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Corp                               | Alcoa Corp                               | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |     49552 | NS      | $1462279.52   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Tower Semiconductor Ltd                  | Tower Semiconductor Ltd                  | CUSIP: 000000000<br>LEI: 54930086ZSNXZOUX0C54 | Long             | EC               | CORP              | IL        |     41807 | NS      | $1812333.45   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc                       | Liberty Energy Inc                       | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55397 | NS      | $635957.56    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts Inc             | Wyndham Hotels & Resorts Inc             | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |      9141 | NS      | $742340.61    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave & Buster's Entertainment Inc        | Dave & Buster's Entertainment Inc        | CUSIP: 238337109<br>LEI: 529900WTVU85QZLYHR86 | Long             | EC               | CORP              | US        |     20764 | NS      | $624581.12    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group Inc/The          | Hanover Insurance Group Inc/The          | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     19721 | NS      | $3350006.27   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackBerry Ltd                           | BlackBerry Ltd                           | CUSIP: 09228F103<br>LEI: 549300HJD8NEGT71RF07 | Long             | EC               | CORP              | CA        |    113428 | NS      | $519500.24    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                            | Timken Co/The                            | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     13123 | NS      | $952073.65    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-28

**Name of Applicant:** Guardian Variable Products Trust

**Signature:** Larry Weiss

**Name of Signer:** Larry Weiss

**Title:** Treasurer