# EDGAR Filing Document

**Accession Number:** 0000918942
**File Stem:** 0000894189-26-014408
**Filing Date:** 2026-5
**Character Count:** 31965
**Document Hash:** 796b7ef53749e64d958f379ce4be853a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-014408.hdr.sgml**: 20260505

**ACCESSION NUMBER**: 0000894189-26-014408

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260505

**DATE AS OF CHANGE**: 20260505

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LKCM Funds
- **CENTRAL INDEX KEY:** 0000918942

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08352
- **FILM NUMBER:** 26942023

**BUSINESS ADDRESS:**
- **STREET 1:** 301 COMMERCE
- **STREET 2:** SUITE 1600
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
- **BUSINESS PHONE:** 817-332-3235

**MAIL ADDRESS:**
- **STREET 1:** 301 COMMERCE
- **STREET 2:** SUITE 1600
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** U.S. Bancorp Fund Services, LLC
- **DATE OF NAME CHANGE:** 20040819

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LKCM FUND
- **DATE OF NAME CHANGE:** 19940211

## Series and Classes Contracts Data

### LKCM Small-Mid Cap Equity Fund (Series ID: S000032022)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000099701 | LKCM Small-Mid Cap Equity Fund | LKSMX           |

## Nport-Ex

**LKCM Small-Mid Cap Equity Fund** 

**Schedule of Investments** 

**March 31, 2026 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 97.0%** | **Shares** | **Value** |
|  **Aerospace & Defense - 10.8%** |  |  |
|  BWX Technologies, Inc. | 5929 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1212421 |
|  FTAI Aviation Ltd. | 6936 | 1699320 |
|  Karman Holdings, Inc. <sup>(a)</sup> | 9467 | 757833 |
|  Mercury Systems, Inc. <sup>(a)</sup> | 11794 | 859901 |
|  |  | 4529475 |
|  **Banks - 4.6%** | **Banks - 4.6%** |  |
|  Coastal Financial Corp. <sup>(a)</sup> | 5004 | 380804 |
|  Columbia Banking System, Inc. | 15603 | 427990 |
|  Home BancShares, Inc. | 15820 | 426033 |
|  UMB Financial Corp. | 6087 | 686553 |
|  |  | 1921380 |
|  **Biotechnology - 2.6%** | **Biotechnology - 2.6%** |  |
|  Natera, Inc. <sup>(a)</sup> | 5422 | 1084346 |
|  **Building Products - 2.6%** | **Building Products - 2.6%** |  |
|  Builders FirstSource, Inc. <sup>(a)</sup> | 5039 | 414861 |
|  CSW Industrials, Inc. | 2564 | 668127 |
|  |  | 1082988 |
|  **Capital Markets - 6.4%** | **Capital Markets - 6.4%** |  |
|  Houlihan Lokey, Inc. | 3608 | 518181 |
|  LPL Financial Holdings, Inc. | 3074 | 924751 |
|  Miami International Holdings, Inc. <sup>(a)</sup> | 9906 | 385542 |
|  SEI Investments Co. | 11120 | 872586 |
|  |  | 2701060 |
|  **Commercial Services & Supplies - 3.0%** | **Commercial Services & Supplies - 3.0%** |  |
|  Casella Waste Systems, Inc. - Class A <sup>(a)</sup> | 7684 | 609648 |
|  Tetra Tech, Inc. | 21539 | 648755 |
|  |  | 1258403 |
|  **Construction Materials - 0.9%** | **Construction Materials - 0.9%** |  |
|  Eagle Materials, Inc. | 2025 | 383636 |
|  **Consumer Finance - 2.6%** | **Consumer Finance - 2.6%** |  |
|  FirstCash Holdings, Inc. | 5845 | 1098860 |
|  **Financial Services - 4.9%** | **Financial Services - 4.9%** |  |
|  Corpay, Inc. <sup>(a)</sup> | 2726 | 793239 |
|  NCR Atleos Corp. <sup>(a)</sup> | 28786 | 1254494 |
|  |  | 2047733 |
|  **Ground Transportation - 1.4%** | **Ground Transportation - 1.4%** |  |
|  Saia, Inc. <sup>(a)</sup> | 1679 | 589799 |
|  **Health Care Equipment & Supplies - 2.3%** | **Health Care Equipment & Supplies - 2.3%** |  |
|  Alphatec Holdings, Inc. <sup>(a)</sup> | 26735 | 290877 |
|  Merit Medical Systems, Inc. <sup>(a)</sup> | 5131 | 353680 |
|  TransMedics Group, Inc. <sup>(a)</sup> | 3325 | 330538 |
|  |  | 975095 |
|  **Health Care Providers & Services - 6.6%** | **Health Care Providers & Services - 6.6%** |  |
|  BrightSpring Health Services, Inc. <sup>(a)</sup> | 36893 | 1572011 |
|  Ensign Group, Inc. | 5873 | 1183409 |
|  |  | 2755420 |
|  **Hotels, Restaurants & Leisure - 1.8%** | **Hotels, Restaurants & Leisure - 1.8%** |  |
|  Wingstop, Inc. | 2776 | 430197 |

---

------

---

| | | |
|:---|:---|:---|
|  Wynn Resorts Ltd. | 3102 | 315008 |
|  |  | 745205 |
|  **Independent Power and Renewable Electricity Producers - 1.5%** | **Independent Power and Renewable Electricity Producers - 1.5%** |  |
|  Talen Energy Corp. <sup>(a)</sup> | 2025 | 646441 |
|  **Insurance - 4.8%** | **Insurance - 4.8%** |  |
|  Goosehead Insurance, Inc. - Class A <sup>(a)</sup> | 15103 | 644294 |
|  Kinsale Capital Group, Inc. | 1714 | 585605 |
|  Palomar Holdings, Inc. <sup>(a)</sup> | 6394 | 764083 |
|  |  | 1993982 |
|  **IT Services - 1.7%** | **IT Services - 1.7%** |  |
|  Twilio Inc. - Class A <sup>(a)</sup> | 5547 | 697923 |
|  **Life Sciences Tools & Services - 2.2%** | **Life Sciences Tools & Services - 2.2%** |  |
|  Medpace Holdings, Inc. <sup>(a)</sup> | 1893 | 909000 |
|  **Machinery - 4.0%** | **Machinery - 4.0%** |  |
|  ITT, Inc. | 4712 | 897777 |
|  SPX Technologies, Inc. <sup>(a)</sup> | 3855 | 770769 |
|  |  | 1668546 |
|  **Media - 0.8%** | **Media - 0.8%** |  |
|  Nexstar Media Group, Inc. - Class A | 1877 | 339418 |
|  **Metals & Mining - 4.0%** | **Metals & Mining - 4.0%** |  |
|  Materion Corp. | 6255 | 904786 |
|  Reliance, Inc. | 2544 | 773172 |
|  |  | 1677958 |
|  **Oil, Gas & Consumable Fuels - 6.3%** | **Oil, Gas & Consumable Fuels - 6.3%** |  |
|  Expand Energy Corp. | 7220 | 792612 |
|  Golar LNG Ltd. | 15774 | 853531 |
|  Permian Resources Corp. | 45711 | 974558 |
|  |  | 2620701 |
|  **Professional Services - 2.5%** | **Professional Services - 2.5%** |  |
|  Planet Labs PBC <sup>(a)</sup> | 37532 | 1049019 |
|  **Real Estate Management & Development - 3.4%** | **Real Estate Management & Development - 3.4%** |  |
|  FirstService Corp. | 5504 | 764726 |
|  Jones Lang LaSalle, Inc. <sup>(a)</sup> | 2138 | 650636 |
|  |  | 1415362 |
|  **Semiconductors & Semiconductor Equipment - 4.4%** | **Semiconductors & Semiconductor Equipment - 4.4%** |  |
|  Tower Semiconductor Ltd. <sup>(a)</sup> | 10520 | 1846050 |
|  **Software - 5.1%** | **Software - 5.1%** |  |
|  Cellebrite DI Ltd. <sup>(a)</sup> | 53620 | 738884 |
|  Q2 Holdings, Inc. <sup>(a)</sup> | 11348 | 536760 |
|  Trimble, Inc. <sup>(a)</sup> | 13514 | 881518 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2157162 |
|  **Specialty Retail - 1.5%** | **Specialty Retail - 1.5%** |  |
|  Warby Parker, Inc. - Class A <sup>(a)</sup> | 29180 | 614823 |
|  **Textiles, Apparel & Luxury Goods - 2.3%** | **Textiles, Apparel & Luxury Goods - 2.3%** |  |
|  Capri Holdings Ltd. <sup>(a)</sup> | 28163 | 496232 |
|  On Holding AG - Class A <sup>(a)</sup> | 13603 | 462774 |
|  |  | 959006 |
|  **Tobacco - 1.1%** | **Tobacco - 1.1%** |  |
|  Turning Point Brands, Inc. | 5471 | 474828 |

---

------

---

| | | |
|:---|:---|:---|
|  **Trading Companies & Distributors - 0.9%** | **Trading Companies & Distributors - 0.9%** |  |
|  Herc Holdings, Inc. | 3992 | 397404 |
|  **TOTAL COMMON STOCKS** (Cost $33,704,990) | **TOTAL COMMON STOCKS** (Cost $33,704,990) | 40641023 |
|  **SHORT-TERM INVESTMENTS** |  |  |
| **MONEY MARKET FUNDS - 3.2%** | **Shares** | **Value** |
|  Invesco Government & Agency Portfolio - Institutional Class, 3.58% <sup>(b)</sup> | 1223964 | 1223964 |
|  MSILF Government Portfolio - Institutional Class, 3.57% <sup>(b)</sup> | 102196 | 102196 |
|  **TOTAL MONEY MARKET FUNDS** (Cost $1,326,160) |  | 1326160 |
|  **TOTAL INVESTMENTS - 100.2% (**Cost $35,031,150**)** |  | 41967183 |
|  Liabilities in Excess of Other Assets - (0.2)% |  | (98654) |
|  **TOTAL NET ASSETS - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41868529 |

---

Percentages are stated as a percent of net assets.

The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.

(a) Non-income producing security.

(b) The rate shown represents the 7-day annualized yield as of
March 31, 2026.

------

**Summary of Fair Value Disclosure as of March 31, 2026 (Unaudited)** 

LKCM Small-Mid Cap Equity Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | $— | $— | $— | $— |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | $40641023 | $– | $– | $40641023 |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | 1326160 |  |  | 1326160 |
|  Total Investments | $41967183 | $– | $– | $41967183 |

---

Refer to the Schedule of Investments for further disaggregation of investment categories.

**Sector Classification as of March 31, 2026** 

(% of Net Assets)

---

| | | |
|:---|:---|:---|
|  Industrials | $10575634 | 25.2% |
|  Financials | 9763015 | 23.3 |
|  Health Care | 5723861 | 13.7 |
|  Information Technology | 4701135 | 11.2 |
|  Energy | 2620701 | 6.3 |
|  Consumer Discretionary | 2319034 | 5.6 |
|  Materials | 2061594 | 4.9 |
|  Real Estate | 1415362 | 3.4 |
|  Utilities | 646441 | 1.5 |
|  Consumer Staples | 474828 | 1.1 |
|  Communication Services | 339418 | 0.8 |
|  Money Market Funds | 1326160 | 3.2 |
|  Liabilities in Excess of Other Assets | (98654) | (0.2) |
|  | $**41868529** | **100.0%** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** LKCM Funds

- **b. Investment Company Act file number:** 811-08352

- **c. CIK number of Registrant:** 0000918942

- **d. LEI of Registrant:** 549300P4U5XLVM1D1Z46

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

  - **Street Address 1:** 301 Commerce Street

  - **City:** Fort Worth

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 76102

  - **Telephone number:** 800-423-6369

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

- **a. Name of Series:** LKCM Small-Mid Cap Equity Fund

- **b. EDGAR series identifier (if any):** S000032022

- **c. LEI of Series:** 549300GSTV34G6G1RV63

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $41995262.74

**Total Liabilities:** $117733.25

**Net Assets:** $41877529.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000099701 | 3.00%                | -0.26%               | -6.26%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $517537.56               | $805521.10                                 |
| Month 2  | $215385.20               | $-306523.39                                |
| Month 3  | $531448.13               | $-3281176.64                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Home BancShares Inc/AR         | Home BancShares Inc/AR                | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15820 | NS      | $426032.60    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc             | Houlihan Lokey Inc                    | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      3608 | NS      | $518180.96    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Materion Corp                  | Materion Corp                         | CUSIP: 576690101<br>LEI: 549300CJ5RI351SUYT02 | Long             | EC               | CORP              | US        |      6255 | NS      | $904785.75    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Government Portfolio     | MSILF Government Portfolio            | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |    102195 | NS      | $102195.45    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co             | SEI Investments Co                    | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |     11120 | NS      | $872586.40    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                    | Trimble Inc                           | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |     13514 | NS      | $881518.22    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                     | Twilio Inc                            | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |      5547 | NS      | $697923.54    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                  | On Holding AG                         | CUSIP: N/A<br>LEI: 506700FB3467B9W95526       | Long             | EC               | CORP              | CH        |     13603 | NS      | $462774.06    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                   | Reliance Inc                          | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      2544 | NS      | $773172.48    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc           | BWX Technologies Inc                  | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |      5929 | NS      | $1212421.21   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightSpring Health Services I | BrightSpring Health Services Inc      | CUSIP: 10950A106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36893 | NS      | $1572010.73   | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Goosehead Insurance Inc        | Goosehead Insurance Inc               | CUSIP: 38267D109<br>LEI: 549300WH5MBIWHJ9XY95 | Long             | EC               | CORP              | US        |     15103 | NS      | $644293.98    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc        | Nexstar Media Group Inc               | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |      1877 | NS      | $339417.91    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Q2 Holdings Inc                | Q2 Holdings Inc                       | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |     11348 | NS      | $536760.40    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                 | Tetra Tech Inc                        | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |     21539 | NS      | $648754.68    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc          | TransMedics Group Inc                 | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |      3325 | NS      | $330538.25    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Warby Parker Inc               | Warby Parker Inc                      | CUSIP: 93403J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29180 | NS      | $614822.60    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Tower Semiconductor Ltd        | Tower Semiconductor Ltd               | CUSIP: N/A<br>LEI: 54930086ZSNXZOUX0C54       | Long             | EC               | CORP              | IL        |     10520 | NS      | $1846049.60   | 4.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc              | Herc Holdings Inc                     | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |      3992 | NS      | $397403.60    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Ltd             | Capri Holdings Ltd                    | CUSIP: N/A<br>LEI: 549300LPG8W0H1OX3A26       | Long             | EC               | CORP              | GB        |     28163 | NS      | $496232.06    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd              | FTAI Aviation Ltd                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      6936 | NS      | $1699320.00   | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc      | Merit Medical Systems Inc             | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |      5131 | NS      | $353679.83    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                        | ITT Inc                               | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |      4712 | NS      | $897777.36    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings Inc            | Karman Holdings Inc                   | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9467 | NS      | $757833.35    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc     | LPL Financial Holdings Inc            | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      3074 | NS      | $924751.42    | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                     | Natera Inc                            | CUSIP: 632307104<br>LEI: 529900CQ3OZ0A0VYVU59 | Long             | EC               | CORP              | US        |      5422 | NS      | $1084345.78   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Labs PBC                | Planet Labs PBC                       | CUSIP: 72703X106<br>LEI: 254900Q7PVI3HTQBRB44 | Long             | EC               | CORP              | US        |     37532 | NS      | $1049019.40   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellebrite DI Ltd              | Cellebrite DI Ltd                     | CUSIP: N/A<br>LEI: 254900G03462YGP1IO36       | Long             | EC               | CORP              | IL        |     53620 | NS      | $738883.60    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corp/WA      | Coastal Financial Corp/WA             | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |      5004 | NS      | $380804.40    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                     | Corpay Inc                            | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      2726 | NS      | $793238.74    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc      | Kinsale Capital Group Inc             | CUSIP: 49714P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1714 | NS      | $585605.24    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Golar LNG Ltd                  | Golar LNG Ltd                         | CUSIP: N/A<br>LEI: 213800C2VSFZG3EZLO34       | Long             | EC               | CORP              | BM        |     15774 | NS      | $853531.14    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp              | Talen Energy Corp                     | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2025 | NS      | $646440.75    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphatec Holdings Inc          | Alphatec Holdings Inc                 | CUSIP: 02081G201<br>LEI: 549300EZE8CQ8K65FS24 | Long             | EC               | CORP              | US        |     26735 | NS      | $290876.80    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc       | Builders FirstSource Inc              | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      5039 | NS      | $414860.87    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc            | CSW Industrials Inc                   | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |      2564 | NS      | $668127.12    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp             | Expand Energy Corp                    | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      7220 | NS      | $792611.60    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System Inc    | Columbia Banking System Inc           | CUSIP: 197236102<br>LEI: 254900CTRJTQZ3BJ2V17 | Long             | EC               | CORP              | US        |     15603 | NS      | $427990.29    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc            | Eagle Materials Inc                   | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      2025 | NS      | $383636.25    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc/The           | Ensign Group Inc/The                  | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |      5873 | NS      | $1183409.50   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstService Corp              | FirstService Corp                     | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |      5504 | NS      | $764725.76    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Inc         | Jones Lang LaSalle Inc                | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      2138 | NS      | $650636.16    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc            | Mercury Systems Inc                   | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |     11794 | NS      | $859900.54    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Miami International Holdings I | Miami International Holdings Inc      | CUSIP: 59356Q108<br>LEI: 254900TREUDBWGLAP788 | Long             | EC               | CORP              | US        |      9906 | NS      | $385541.52    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings Inc           | Palomar Holdings Inc                  | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |      6394 | NS      | $764083.00    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp         | Permian Resources Corp                | CUSIP: 71424F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45711 | NS      | $974558.52    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc           | SPX Technologies Inc                  | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |      3855 | NS      | $770768.70    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                       | Saia Inc                              | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      1679 | NS      | $589799.12    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Government & Agency Po | Invesco Government & Agency Portfolio | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |   1223964 | NS      | $1223964.14   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Turning Point Brands Inc       | Turning Point Brands Inc              | CUSIP: 90041L105<br>LEI: 549300IYG00QF0VVP302 | Long             | EC               | CORP              | US        |      5471 | NS      | $474828.09    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp             | UMB Financial Corp                    | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |      6087 | NS      | $686552.73    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems Inc      | Casella Waste Systems Inc             | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |      7684 | NS      | $609648.56    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings Inc         | FirstCash Holdings Inc                | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5845 | NS      | $1098860.00   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc           | Medpace Holdings Inc                  | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |      1893 | NS      | $908999.67    | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Atleos Corp                | NCR Atleos Corp                       | CUSIP: 63001N106<br>LEI: 9845005FC3S0VA714741 | Long             | EC               | CORP              | US        |     28786 | NS      | $1254493.88   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                   | Wingstop Inc                          | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |      2776 | NS      | $430196.72    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts Ltd               | Wynn Resorts Ltd                      | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |      3102 | NS      | $315008.10    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** LKCM Funds

**Signature:** /s/ Jacob D. Smith

**Name of Signer:** LKCM Funds

**Title:** Chief Financial Officer