# EDGAR Filing Document

**Accession Number:** 0000811869
**File Stem:** 0000811869-26-000303
**Filing Date:** 2026-6
**Character Count:** 34871
**Document Hash:** 680be169a21c90041e2a28db62352d8d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000811869-26-000303.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0000811869-26-000303

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THRIVENT MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0000811869

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05075
- **FILM NUMBER:** 261127843

**BUSINESS ADDRESS:**
- **STREET 1:** 901 MARQUETTE AVENUE, SUITE 2500
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-3211
- **BUSINESS PHONE:** 612-844-7190

**MAIL ADDRESS:**
- **STREET 1:** 901 MARQUETTE AVENUE, SUITE 2500
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-3211

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AAL MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Thrivent Small Cap Stock Fund (Series ID: S000001358)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003627 | Class A      | AASMX           |
| C000003629 | Class S      | TSCSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Thrivent Mutual Funds

- **b. Investment Company Act file number:** 811-05075

- **c. CIK number of Registrant:** 0000811869

- **d. LEI of Registrant:** 549300K3CUETFK7U3B57

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

  - **Street Address 1:** 901 Marquette Avenue

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55402-3211

  - **Telephone number:** 612-844-5168

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

- **a. Name of Series:** THRIVENT SMALL CAP STOCK FUND

- **b. EDGAR series identifier (if any):** S000001358

- **c. LEI of Series:** 54930033VZGELENQRN13

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

- **a. Date of fiscal year-end:** 2026-10-31

- **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:** $2929991169.78

**Total Liabilities:** $9724161.33

**Net Assets:** $2920267008.45

**Cash Not Reported:** $16022394.71

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000003629 | 1.14%                | -6.87%               | 8.56%                |
| Class ID C000003627 | 1.14%                | -6.90%               | 8.54%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1353277.25              | $31719753.70                               |
| Month 2  | $7235446.63              | $-212392630.98                             |
| Month 3  | $48196412.30             | $183195648.91                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| STATE ST INST US GOV MM FUND                   | State Street Institutional U.S. Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  48104561 | NS      | $48104561.29  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SHARKNINJA HONG KONG CO LTD                    | SharkNinja, Inc.                                             | CUSIP: G8068L108<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    521493 | NS      | $60248086.29  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TECHNIPFMC PLC                                 | TechnipFMC plc                                               | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |    425918 | NS      | $32186623.26  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ROGERS CORPORATION                             | Rogers Corporation                                           | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |    136990 | NS      | $18596392.50  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| APTARGROUP INC                                 | AptarGroup, Inc.                                             | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |    160686 | NS      | $19873644.48  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCE AUTO PARTS INC                         | Advance Auto Parts, Inc.                                     | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |    616389 | NS      | $36681309.39  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| FABRINET                                       | Fabrinet                                                     | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |     50754 | NS      | $34688836.38  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CRA INTERNATIONAL INC                          | CRA International, Inc.                                      | CUSIP: 12618T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102478 | NS      | $16137210.66  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| COHU INC                                       | Cohu, Inc.                                                   | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |    507905 | NS      | $24049301.75  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILD-A-BEAR WORKSHOP INC                      | Build-A-Bear Workshop, Inc.                                  | CUSIP: 120076104<br>LEI: 529900S9MWZC1UBF3D13 | Long             | EC               | CORP              | US        |    576891 | NS      | $21310353.54  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPAND ENERGY CORP                             | Expand Energy Corporation                                    | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |    227094 | NS      | $23197652.10  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO INTERNATIONAL INC                        | WESCO International, Inc.                                    | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |    106544 | NS      | $37196641.28  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED INDUSTRIAL TECHNOLOGIES INC.           | Applied Industrial Technologies, Inc.                        | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |    129640 | NS      | $39637430.00  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ICF INTERNATIONAL INC                          | ICF International, Inc.                                      | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |     85959 | NS      | $6159821.94   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY USA INC                                 | Murphy USA, Inc.                                             | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |     51769 | NS      | $30440172.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ENCOMPASS HEALTH CORP                          | Encompass Health Corporation                                 | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |    390324 | NS      | $39032400.00  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| REPLIGEN CORPORATION                           | Repligen Corporation                                         | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |    225113 | NS      | $26633119.03  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| WYNN RESORTS LTD                               | Wynn Resorts, Ltd.                                           | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |    263833 | NS      | $28259152.63  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| TWIST BIOSCIENCE CORP                          | Twist Bioscience Corporation                                 | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |    816773 | NS      | $47740381.85  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO ENVIRONMENTAL CORP                        | CECO Environmental Corporation                               | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |    132716 | NS      | $9839564.24   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| LIFE TIME GROUP HOLDINGS INC                   | Life Time Group Holdings, Inc.                               | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1300985 | NS      | $34879407.85  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEMS INC                  | Advanced Drainage Systems, Inc.                              | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |    148150 | NS      | $22111387.50  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIUMPH FINANCIAL INC                          | Triumph Financial, Inc.                                      | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |    630435 | NS      | $42667840.80  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEMENT SOLUTIONS INC                          | Element Solutions, Inc.                                      | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |   1178786 | NS      | $50204495.74  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ISHARES GOLDMAN SACHS SEMICONDUCTOR INDEX FUND | iShares Semiconductor ETF                                    | CUSIP: 464287523<br>LEI: 5493004SPI3IF1GDIR85 | Long             |  | RF                | US        |     53473 | NS      | $24674581.12  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX TECHNOLOGIES INC                           | BWX Technologies, Inc.                                       | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |    218407 | NS      | $47261090.73  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| HOULIHAN LOKEY INC                             | Houlihan Lokey, Inc.                                         | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |    205644 | NS      | $31823409.00  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH STATE BANK                               | SouthState Bank Corporation                                  | CUSIP: 84472E102<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |    298946 | NS      | $29198055.82  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GREIF INC                                      | Greif, Inc.                                                  | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |    580939 | NS      | $37900460.36  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MOOG INC                                       | Moog, Inc.                                                   | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |    136981 | NS      | $41273745.11  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDPACE HOLDINGS INC                           | Medpace Holdings, Inc.                                       | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |     62529 | NS      | $26178391.14  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ACUITY BRANDS INC.                             | Acuity, Inc.                                                 | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     84178 | NS      | $24392259.06  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| MODINE MANUFACTURING COMPANY                   | Modine Manufacturing Company                                 | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |    134372 | NS      | $34215142.36  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL INC                    | BioMarin Pharmaceutical, Inc.                                | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |    489487 | NS      | $26388244.17  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| WAYSTAR HOLDING CORP                           | Waystar Holding Corporation                                  | CUSIP: 946784105<br>LEI: 529900QJLKXDYU36MH89 | Long             | EC               | CORP              | US        |    784293 | NS      | $16764262.88  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| VALMONT INDUSTRIES INC                         | Valmont Industries, Inc.                                     | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |     76073 | NS      | $38648126.92  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| LITTELFUSE INC                                 | Littelfuse, Inc.                                             | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |    166064 | NS      | $67118086.88  | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| WINGSTOP INC                                   | Wingstop, Inc.                                               | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |    152912 | NS      | $25086742.72  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| LIMBACH HOLDINGS INC                           | Limbach Holdings, Inc.                                       | CUSIP: 53263P105<br>LEI: 254900EW8KXT5ZTWQI30 | Long             | EC               | CORP              | US        |    359262 | NS      | $35843569.74  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CRANE NXT CO                                   | Crane NXT Company                                            | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |    622571 | NS      | $27816472.28  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| PORTLAND GENERAL ELECTRIC COMP                 | Portland General Electric Company                            | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |    570976 | NS      | $29650783.68  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WINTRUST FINANCIAL CORPORATION                 | Wintrust Financial Corporation                               | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |    296416 | NS      | $44631357.12  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CONCENTRA GROUP HOLDINGS PARENT INC            | Concentra Group Holdings Parent, Inc.                        | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1855670 | NS      | $41696904.90  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERPAC TOOL GROUP CORP                        | Enerpac Tool Group Corporation                               | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |    113479 | NS      | $3983112.90   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PLEXUS CORP.                                   | Plexus Corporation                                           | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |    186857 | NS      | $46822627.06  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHN B SANFILIPPO & SON INC                    | John B. Sanfilippo & Son, Inc.                               | CUSIP: 800422107<br>LEI: 5299007IBEYVXKYDUX28 | Long             | EC               | CORP              | US        |    579561 | NS      | $47402294.19  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| HELIOS TECHNOLOGIES INC                        | Helios Technologies, Inc.                                    | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |    647285 | NS      | $44274294.00  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TERRENO REALTY CORP                            | Terreno Realty Corporation                                   | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    708491 | NS      | $46193613.20  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD NATIONAL BANCORP                           | Old National Bancorp                                         | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |   1440867 | NS      | $34537581.99  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MARZETTI CO                                    | Marzetti Company                                             | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |    131802 | NS      | $17171164.56  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| IVANHOE MINES LTD                              | Ivanhoe Mines, Ltd.                                          | CUSIP: 46579R955<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |   3136761 | NS      | $25401679.24  | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Thrivent Mutual Funds                          | Thrivent Cash Management Trust                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   2419950 | NS      | $2419950.00   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| AGREE REALTY CORPORATION                       | Agree Realty Corporation                                     | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    416573 | NS      | $32121944.03  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY LIFESTYLE PROPERTIES INC                | Equity Lifestyle Properties, Inc.                            | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |    546723 | NS      | $34602098.67  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| KORN FERRY                                     | Korn Ferry                                                   | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |    535070 | NS      | $35550050.80  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BADGER INFRASTRUCTURE SOLUTIONS LTD            | Badger Infrastructure Solutions, Ltd.                        | CUSIP: 056533953<br>LEI: 254900BS2WTIBXVDKM03 | Long             | EC               | CORP              | CA        |    705270 | NS      | $34112150.03  | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| PENUMBRA INC                                   | Penumbra, Inc.                                               | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |      6100 | NS      | $1991528.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| CSW INDUSTRIALS INC                            | CSW Industrials, Inc.                                        | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |    106644 | NS      | $31054732.80  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOT BARN HOLDINGS INC                         | Boot Barn Holdings, Inc.                                     | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |    217632 | NS      | $37313006.40  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ASHLAND INC                                    | Ashland, Inc.                                                | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |    674298 | NS      | $35913111.48  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PATTERSON-UTI ENERGY INC.                      | Patterson-UTI Energy, Inc.                                   | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |   2674371 | NS      | $32680813.62  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| IES HOLDINGS INC                               | IES Holdings, Inc.                                           | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |     86157 | NS      | $55492000.56  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| BARRETT BUSINESS SERVICES INC                  | Barrett Business Services, Inc.                              | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |   1209542 | NS      | $38136859.26  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLEY NATIONAL BANCORP                        | Valley National Bancorp                                      | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |   2247288 | NS      | $30495698.16  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINANCIAL INC                             | Ally Financial, Inc.                                         | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |    830819 | NS      | $36880055.41  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIDGEWATER BANCSHARES INC                     | Bridgewater Bancshares, Inc.                                 | CUSIP: 108621103<br>LEI: 5493001FLSBTVILKXZ71 | Long             | EC               | CORP              | US        |   1577351 | NS      | $28597373.63  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CHURCHILL DOWNS INCORPORATED                   | Churchill Downs, Inc.                                        | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |    381277 | NS      | $38505164.23  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU MEDICAL INC.                               | ICU Medical, Inc.                                            | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |    260721 | NS      | $31077943.20  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PINNACLE WEST CAPITAL CORPORATION              | Pinnacle West Capital Corporation                            | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |    336194 | NS      | $34870041.68  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TURNING POINT BRANDS INC                       | Turning Point Brands, Inc.                                   | CUSIP: 90041L105<br>LEI: 549300IYG00QF0VVP302 | Long             | EC               | CORP              | US        |    529067 | NS      | $42685125.56  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| MATADOR RESOURCES CO                           | Matador Resources Company                                    | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |    673414 | NS      | $42721384.16  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRE INC                                      | Spire, Inc.                                                  | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |    411658 | NS      | $37534976.44  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLANTIC UNION BANKSHARES CORP                 | Atlantic Union Bankshares Corporation                        | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    864143 | NS      | $32534983.95  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS ROADHOUSE INC                            | Texas Roadhouse, Inc.                                        | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |    207554 | NS      | $33414118.46  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ONTO INNOVATION INC                            | Onto Innovation, Inc.                                        | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |    136363 | NS      | $40235266.78  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| GPGI INC                                       | GPGI, Inc.                                                   | CUSIP: 20459V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1154122 | NS      | $17808102.46  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTSPRING HEALTH SERVICES INC               | BrightSpring Health Services, Inc.                           | CUSIP: 10950A106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    827240 | NS      | $39682702.80  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD REPUBLIC INTERNATIONAL CORPORATION         | Old Republic International Corporation                       | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |   1079813 | NS      | $43138529.35  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL AGRICULTURAL MORTGAGE CORPORATION      | Federal Agricultural Mortgage Corporation                    | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | USGSE             | US        |    260457 | NS      | $45267426.60  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| JFROG LTD                                      | JFrog, Ltd.                                                  | CUSIP: M6191J100<br>LEI: 2549002N8E00AY49G567 | Long             | EC               | CORP              | IL        |    916710 | NS      | $42572012.40  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM TECHNOLOGIES INC                           | TTM Technologies, Inc.                                       | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |    586505 | NS      | $92796821.10  | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| KNOWLES CORP                                   | Knowles Corporation                                          | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |     30387 | NS      | $947770.53    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LOUISIANA PACIFIC CORP                         | Louisiana-Pacific Corporation                                | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |    323057 | NS      | $23321484.83  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL TECHNICAL INSTITUTE INC              | Universal Technical Institute, Inc.                          | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |    815507 | NS      | $30605977.71  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| DONNELLEY FINANCIAL SOLUTIONS INC              | Donnelley Financial Solutions, Inc.                          | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |    667277 | NS      | $33564033.10  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP TECHNOLOGIES INC                           | UFP Technologies, Inc.                                       | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |    132461 | NS      | $25383501.43  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| PEGASYSTEMS INC                                | Pegasystems, Inc.                                            | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |   1045327 | NS      | $38206701.85  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-27

**Name of Applicant:** Thrivent Mutual Funds

**Signature:** Sarah L. Bergstrom

**Name of Signer:** Sarah L. Bergstrom

**Title:** Treasurer and Principal Accounting Officer