# EDGAR Filing Document

**Accession Number:** 0001580353
**File Stem:** 0000940400-25-011527
**Filing Date:** 2025-11
**Character Count:** 94458
**Document Hash:** 2acb0c0cc1ca12623004b09b068d4aaf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-011527.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0000940400-25-011527

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Forethought Variable Insurance Trust
- **CENTRAL INDEX KEY:** 0001580353

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1213

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22865
- **FILM NUMBER:** 251534547

**BUSINESS ADDRESS:**
- **STREET 1:** 10 WEST MARKET STREET
- **STREET 2:** SUITE 2300
- **CITY:** INDIANAPOLIS
- **STATE:** IN
- **ZIP:** 46204
- **BUSINESS PHONE:** 317-223-2700

**MAIL ADDRESS:**
- **STREET 1:** 10 WEST MARKET STREET
- **STREET 2:** SUITE 2300
- **CITY:** INDIANAPOLIS
- **STATE:** IN
- **ZIP:** 46204

## Series and Classes Contracts Data

### Global Atlantic BlackRock Disciplined Core Portfolio (Series ID: S000052671)

| Class ID   | Class Name                                                           | Ticker Symbol   |
|:---|:---|:---|
| C000165363 | Global Atlantic BlackRock Disciplined Core Portfolio Class I Shares  |  |
| C000165364 | Global Atlantic BlackRock Disciplined Core Portfolio Class II Shares |  |

## Nport-Ex

Global Atlantic BlackRock Disciplined Core Portfolio

Portfolio of Investments (Unaudited)

September 30, 2025

---

| | | |
|:---|:---|:---|
|  | **Shares/<br> Principal** | **Fair Value** |
| **Common Stocks - 98.6%** |  |  |
| **Aerospace & Defense - 1.8%** |  |  |
| Boeing Co. (The) <sup>\*</sup> | 2433 | $525115 |
| Carpenter Technology Corp. | 2906 | 713539 |
| General Dynamics Corp. | 5032 | 1715912 |
| General Electric Co. | 12528 | 3768673 |
| HEICO Corp., Class A | 3134 | 796318 |
| Lockheed Martin Corp. | 3894 | 1943924 |
| Northrop Grumman Corp. | 160 | 97491 |
| RTX Corp. | 14158 | 2369058 |
|  |  | 11930030 |
| **Air Freight & Logistics - 0.1%** |  |  |
| FedEx Corp. | 1834 | 432476 |
| **Automobile Components - 0.2%** |  |  |
| BorgWarner, Inc. | 37554 | 1650874 |
| **Automobiles - 2.1%** |  |  |
| General Motors Co. | 27825 | 1696490 |
| Tesla, Inc. <sup>\*</sup> | 28532 | 12688751 |
|  |  | 14385241 |
| **Banks - 3.5%** |  |  |
| Bank of America Corp. | 131270 | 6772219 |
| Citigroup, Inc. | 28276 | 2870014 |
| Huntington Bancshares, Inc. | 152816 | 2639133 |
| JPMorgan Chase & Co. | 33677 | 10622736 |
| Southstate Bank Corp. | 4652 | 459943 |
|  |  | 23364045 |
| **Beverages - 0.6%** |  |  |
| Coca-Cola Co. (The) | 33803 | 2241815 |
| Keurig Dr Pepper, Inc. | 24168 | 616526 |
| Monster Beverage Corp. <sup>\*</sup> | 19721 | 1327420 |
|  |  | 4185761 |
| **Biotechnology - 2.0%** |  |  |
| AbbVie, Inc. | 26117 | 6047130 |
| Amgen, Inc. | 210 | 59262 |
| Gilead Sciences, Inc. | 16401 | 1820511 |
| Moderna, Inc. <sup>\*</sup> | 16173 | 417749 |
| Natera, Inc. <sup>\*</sup> | 2623 | 422224 |
| Regeneron Pharmaceuticals, Inc. | 6341 | 3565354 |
| Ultragenyx Pharmaceutical, Inc. <sup>\*</sup> | 5637 | 169561 |
| United Therapeutics Corp. <sup>\*</sup> | 953 | 399507 |
| Vertex Pharmaceuticals, Inc. <sup>\*</sup> | 1351 | 529106 |
|  |  | 13430404 |
| **Broadline Retail - 4.4%** |  |  |
| Amazon.com, Inc. <sup>\*</sup> | 130461 | 28645322 |
| Global-e Online Ltd., Class E <sup>\*</sup> | 1907 | 68194 |
| JD.com, Inc., ADR | 19268 | 673995 |
|  |  | 29387511 |
| **Building Products - 0.7%** |  |  |
| Armstrong World Industries, Inc. | 1383 | 271082 |
| Johnson Controls International PLC | 14836 | 1631218 |
| Owens Corning | 1352 | 191254 |
| Trane Technologies PLC | 6178 | 2606869 |
|  |  | 4700423 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares/<br> Principal** | **Fair Value** |
| **Capital Markets - 3.9%** |  |  |
| Blackstone, Inc. | 15734 | $2688154 |
| Charles Schwab Corp. (The) | 65301 | 6234286 |
| CME Group, Inc. | 12694 | 3429792 |
| Futu Holdings Ltd., ADR | 424 | 73738 |
| Interactive Brokers Group, Inc., Class A | 9343 | 642892 |
| Intercontinental Exchange, Inc. | 8950 | 1507896 |
| Moody's Corp. | 3637 | 1732958 |
| Morgan Stanley | 37432 | 5950191 |
| Nasdaq, Inc. | 35836 | 3169694 |
| Robinhood Markets, Inc., Class A <sup>\*</sup> | 497 | 71160 |
| S&P Global, Inc. | 1614 | 785550 |
|  |  | 26286311 |
| **Chemicals - 0.8%** |  |  |
| Celanese Corp. | 5430 | 228494 |
| Corteva, Inc. | 68887 | 4658828 |
| PPG Industries, Inc. | 1572 | 165233 |
|  |  | 5052555 |
| **Commercial Services & Supplies - 1.1%** |  |  |
| Cintas Corp. | 10952 | 2248007 |
| Copart, Inc. <sup>\*</sup> | 25612 | 1151772 |
| Republic Services, Inc. | 6970 | 1599475 |
| Veralto Corp. | 8147 | 868552 |
| Waste Connections, Inc. | 2226 | 391331 |
| Waste Management, Inc. | 5258 | 1161124 |
|  |  | 7420261 |
| **Communications Equipment - 1.3%** |  |  |
| Arista Networks, Inc. <sup>\*</sup> | 26500 | 3861315 |
| Cisco Systems, Inc. | 34600 | 2367332 |
| Motorola Solutions, Inc. | 5356 | 2449245 |
|  |  | 8677892 |
| **Construction & Engineering - 0.4%** |  |  |
| Comfort Systems USA, Inc. | 1426 | 1176706 |
| MasTec, Inc. <sup>\*</sup> | 6322 | 1345385 |
|  |  | 2522091 |
| **Consumer Finance - 0.7%** |  |  |
| Ally Financial, Inc. | 15013 | 588510 |
| American Express Co. | 10344 | 3435863 |
| OneMain Holdings, Inc. | 2714 | 153232 |
| Qifu Technology, Inc., ADR | 6723 | 193488 |
|  |  | 4371093 |
| **Consumer Staples Distribution & Retail - 2.4%** |  |  |
| Costco Wholesale Corp. | 7334 | 6788571 |
| Performance Food Group Co. <sup>\*</sup> | 1507 | 156788 |
| Sprouts Farmers Market, Inc. <sup>\*</sup> | 1008 | 109670 |
| Walmart, Inc. | 87165 | 8983225 |
|  |  | 16038254 |
| **Containers & Packaging** **- 0.0%<sup>†</sup>** |  |  |
| Crown Holdings, Inc. | 2727 | 263401 |
| **Diversified Telecommunication Services - 0.4%** |  |  |
| AT&T, Inc. | 50092 | 1414598 |

---

Global Atlantic BlackRock Disciplined Core Portfolio

Portfolio of Investments (Unaudited) (Continued)

September 30, 2025

---

| | | |
|:---|:---|:---|
|  | **Shares/<br> Principal** | **Fair Value** |
| **Diversified Telecommunication Services (continued)** |  |  |
| Verizon Communications, Inc. | 33188 | $1458613 |
|  |  | 2873211 |
| **Electric Utilities - 1.3%** |  |  |
| Edison International | 30058 | 1661606 |
| Entergy Corp. | 42720 | 3981077 |
| NextEra Energy, Inc. | 25144 | 1898120 |
| PG&E Corp. | 76211 | 1149262 |
|  |  | 8690065 |
| **Electrical Equipment - 0.8%** |  |  |
| AMETEK, Inc. | 16230 | 3051240 |
| GE Vernova, Inc. | 2078 | 1277762 |
| Rockwell Automation, Inc. | 2020 | 706051 |
|  |  | 5035053 |
| **Electronic Equipment, Instruments & Components - 0.7%** |  |  |
| Amphenol Corp., Class A | 39449 | 4881814 |
| Flex Ltd. <sup>\*</sup> | 1837 | 106491 |
|  |  | 4988305 |
| **Energy Equipment & Services - 0.2%** |  |  |
| Schlumberger NV | 46649 | 1603326 |
| **Entertainment - 1.1%** |  |  |
| Netflix, Inc. <sup>\*</sup> | 5539 | 6640818 |
| Roku, Inc. <sup>\*</sup> | 1953 | 195554 |
| Take-Two Interactive Software, Inc. <sup>\*</sup> | 654 | 168967 |
| Walt Disney Co. (The) | 2773 | 317509 |
|  |  | 7322848 |
| **Financial Services - 3.7%** |  |  |
| Berkshire Hathaway, Inc., Class B <sup>\*</sup> | 21240 | 10678198 |
| Fidelity National Information Services, Inc. | 16563 | 1092164 |
| Klarna Group PLC <sup>\*</sup> | 3773 | 138281 |
| Mastercard, Inc., Class A | 8752 | 4978225 |
| Visa, Inc., Class A | 22851 | 7800874 |
|  |  | 24687742 |
| **Food Products** **- 0.0%<sup>†</sup>** |  |  |
| Kellanova | 3115 | 255492 |
| **Ground Transportation - 0.9%** |  |  |
| Uber Technologies, Inc. <sup>\*</sup> | 17982 | 1761697 |
| Union Pacific Corp. | 18806 | 4445174 |
|  |  | 6206871 |
| **Health Care Equipment & Supplies - 1.6%** |  |  |
| Boston Scientific Corp. <sup>\*</sup> | 42262 | 4126039 |
| Edwards Lifesciences Corp. <sup>\*</sup> | 6567 | 510716 |
| Insulet Corp. <sup>\*</sup> | 1655 | 510948 |
| Intuitive Surgical, Inc. <sup>\*</sup> | 6137 | 2744650 |
| Medtronic PLC | 7626 | 726300 |
| Stryker Corp. | 6082 | 2248333 |
|  |  | 10866986 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares/<br> Principal** | **Fair Value** |
| **Health Care Providers & Services - 1.7%** |  |  |
| Cardinal Health, Inc. | 25789 | $4047842 |
| Centene Corp. <sup>\*</sup> | 29455 | 1050954 |
| Cigna Group (The) | 3991 | 1150406 |
| Elevance Health, Inc. | 2607 | 842374 |
| Encompass Health Corp. | 972 | 123463 |
| HealthEquity, Inc. <sup>\*</sup> | 2882 | 273127 |
| McKesson Corp. | 584 | 451163 |
| UnitedHealth Group, Inc. | 10860 | 3749958 |
|  |  | 11689287 |
| **Health Care REITs - 0.3%** |  |  |
| Ventas, Inc. | 25048 | 1753109 |
| Welltower, Inc. | 1934 | 344523 |
|  |  | 2097632 |
| **Hotels, Restaurants & Leisure - 1.6%** |  |  |
| Booking Holdings, Inc. | 764 | 4125042 |
| Boyd Gaming Corp. | 2 | 173 |
| Caesars Entertainment, Inc. <sup>\*</sup> | 18744 | 506557 |
| Chipotle Mexican Grill, Inc. <sup>\*</sup> | 31386 | 1230017 |
| Darden Restaurants, Inc. | 6049 | 1151488 |
| Las Vegas Sands Corp. | 3743 | 201336 |
| McDonald's Corp. | 11172 | 3395059 |
|  |  | 10609672 |
| **Household Durables - 0.6%** |  |  |
| Garmin Ltd. | 8083 | 1990196 |
| Meritage Homes Corp. | 4121 | 298484 |
| NVR, Inc. <sup>\*</sup> | 58 | 466010 |
| Toll Brothers, Inc. | 8610 | 1189386 |
|  |  | 3944076 |
| **Household Products - 0.7%** |  |  |
| Procter & Gamble Co. (The) | 28677 | 4406221 |
| **Industrial Conglomerates - 1.0%** |  |  |
| Honeywell International, Inc. | 32083 | 6753471 |
| **Insurance - 1.2%** |  |  |
| Allstate Corp. (The) | 5637 | 1209982 |
| Hartford Financial Services Group, Inc. (The) | 3316 | 442321 |
| MetLife, Inc. | 2027 | 166964 |
| Progressive Corp. (The) | 13255 | 3273322 |
| Travelers Cos., Inc. (The) | 10088 | 2816772 |
|  |  | 7909361 |
| **Interactive Media & Services - 7.3%** |  |  |
| Alphabet, Inc., Class A | 64920 | 15782052 |
| Alphabet, Inc., Class C | 54055 | 13165095 |
| Meta Platforms, Inc., Class A | 26665 | 19582243 |
| Pinterest, Inc., Class A <sup>\*</sup> | 8442 | 271579 |
|  |  | 48800969 |
| **IT Services - 0.5%** |  |  |
| Accenture PLC, Class A | 2964 | 730922 |
| Globant SA <sup>\*</sup> | 2133 | 122392 |
| GoDaddy, Inc., Class A <sup>\*</sup> | 3417 | 467548 |

---

Global Atlantic BlackRock Disciplined Core Portfolio

Portfolio of Investments (Unaudited) (Continued)

September 30, 2025

---

| | | |
|:---|:---|:---|
|  | **Shares/<br> Principal** | **Fair Value** |
| **IT Services (continued)** |  |  |
| International Business Machines Corp. | 7681 | $2167271 |
| VeriSign, Inc. | 500 | 139785 |
|  |  | 3627918 |
| **Leisure Products - 0.2%** |  |  |
| Hasbro, Inc. | 18224 | 1382290 |
| **Life Sciences Tools & Services - 0.3%** |  |  |
| Danaher Corp. | 6372 | 1263313 |
| Thermo Fisher Scientific, Inc. | 1691 | 820169 |
|  |  | 2083482 |
| **Machinery - 1.6%** |  |  |
| Caterpillar, Inc. | 6310 | 3010816 |
| Crane Co. | 589 | 108458 |
| Deere & Co. | 1118 | 511217 |
| Dover Corp. | 2373 | 395888 |
| Mueller Industries, Inc. | 23377 | 2363648 |
| Parker-Hannifin Corp. | 3820 | 2896133 |
| Westinghouse Air Brake Technologies Corp. | 5438 | 1090156 |
| Xylem, Inc. | 599 | 88353 |
|  |  | 10464669 |
| **Marine Transportation** **- 0.0%<sup>†</sup>** |  |  |
| Kirby Corp. <sup>\*</sup> | 3789 | 316192 |
| **Media - 0.7%** |  |  |
| Comcast Corp., Class A | 119503 | 3754784 |
| Fox Corp., Class B | 1623 | 92982 |
| Trade Desk, Inc. (The), Class A <sup>\*</sup> | 12273 | 601500 |
|  |  | 4449266 |
| **Metals & Mining - 0.4%** |  |  |
| Freeport-McMoRan, Inc. | 31584 | 1238725 |
| Newmont Corp. | 13498 | 1138016 |
|  |  | 2376741 |
| **Multi-Utilities - 0.3%** |  |  |
| Consolidated Edison, Inc. | 17658 | 1774982 |
| **Oil, Gas & Consumable Fuels - 2.0%** |  |  |
| Chevron Corp. | 14150 | 2197353 |
| Chord Energy Corp. | 3567 | 354453 |
| Devon Energy Corp. | 108542 | 3805483 |
| Expand Energy Corp. | 5992 | 636590 |
| Exxon Mobil Corp. | 2044 | 230461 |
| HF Sinclair Corp. | 2073 | 108501 |
| Kinder Morgan, Inc. | 81287 | 2301235 |
| Ovintiv, Inc. | 40445 | 1633169 |
| Valero Energy Corp. | 3590 | 611233 |
| Williams Cos., Inc. (The) | 22719 | 1439249 |
|  |  | 13317727 |
| **Passenger Airlines - 0.1%** |  |  |
| Delta Air Lines, Inc. | 13804 | 783377 |
| **Personal Care Products** **- 0.0%<sup>†</sup>** |  |  |
| BellRing Brands, Inc. <sup>\*</sup> | 1236 | 44929 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares/<br> Principal** | **Fair Value** |
| **Pharmaceuticals - 3.9%** |  |  |
| Bristol-Myers Squibb Co. | 113193 | $5105004 |
| Eli Lilly & Co. | 10835 | 8267105 |
| Johnson & Johnson | 35861 | 6649347 |
| Merck & Co., Inc. | 2642 | 221743 |
| Pfizer, Inc. | 219419 | 5590796 |
|  |  | 25833995 |
| **Professional Services - 0.1%** |  |  |
| ExlService Holdings, Inc. <sup>\*</sup> | 3919 | 172553 |
| Verisk Analytics, Inc. | 2276 | 572437 |
|  |  | 744990 |
| **Residential REITs** **- 0.0%<sup>†</sup>** |  |  |
| Camden Property Trust | 2867 | 306138 |
| **Retail REITs - 0.5%** |  |  |
| Kimco Realty Corp. | 90808 | 1984155 |
| Simon Property Group, Inc. | 8264 | 1550905 |
|  |  | 3535060 |
| **Semiconductors & Semiconductor Equipment - 14.0%** |  |  |
| Advanced Micro Devices, Inc. <sup>\*</sup> | 14925 | 2414716 |
| Analog Devices, Inc. | 3736 | 917935 |
| Broadcom, Inc. | 55402 | 18277674 |
| Credo Technology Group Holding Ltd. <sup>\*</sup> | 3444 | 501481 |
| Intel Corp. <sup>\*</sup> | 41476 | 1391520 |
| Lam Research Corp. | 55432 | 7422345 |
| Marvell Technology, Inc. | 6736 | 566295 |
| Micron Technology, Inc. | 18463 | 3089229 |
| NVIDIA Corp. | 298126 | 55624349 |
| Qorvo, Inc. <sup>\*</sup> | 1817 | 165492 |
| QUALCOMM, Inc. | 13272 | 2207930 |
| Skyworks Solutions, Inc. | 3301 | 254111 |
| Texas Instruments, Inc. | 6174 | 1134349 |
|  |  | 93967426 |
| **Software - 11.7%** |  |  |
| Adobe, Inc. <sup>\*</sup> | 9476 | 3342659 |
| AppLovin Corp., Class A <sup>\*</sup> | 1217 | 874463 |
| Atlassian Corp., Class A <sup>\*</sup> | 2541 | 405798 |
| Crowdstrike Holdings, Inc., Class A <sup>\*</sup> | 580 | 284420 |
| Elastic NV <sup>\*</sup> | 10891 | 920181 |
| Figma, Inc., Class A <sup>\*</sup> | 2504 | 129882 |
| Fortinet, Inc. <sup>\*</sup> | 3416 | 287217 |
| HubSpot, Inc. <sup>\*</sup> | 2283 | 1067987 |
| Intuit, Inc. | 6625 | 4524279 |
| Microsoft Corp. | 94709 | 49054527 |
| Oracle Corp. | 11022 | 3099827 |
| Palantir Technologies, Inc., Class A <sup>\*</sup> | 30013 | 5474971 |
| Palo Alto Networks, Inc. <sup>\*</sup> | 3847 | 783326 |
| Rubrik, Inc., Class A <sup>\*</sup> | 2310 | 189998 |
| Salesforce, Inc. | 17600 | 4171200 |
| ServiceNow, Inc. <sup>\*</sup> | 3759 | 3459333 |
|  |  | 78070068 |

---

Global Atlantic BlackRock Disciplined Core Portfolio

Portfolio of Investments (Unaudited) (Continued)

September 30, 2025

---

| | | |
|:---|:---|:---|
|  | **Shares/<br> Principal** | **Fair Value** |
| **Specialized REITs - 0.7%** |  |  |
| CubeSmart | 49290 | $2004131 |
| Equinix, Inc. | 1591 | 1246135 |
| Public Storage | 4563 | 1318023 |
|  |  | 4568289 |
| **Specialty Retail - 1.7%** |  |  |
| AutoNation, Inc. <sup>\*</sup> | 903 | 197549 |
| AutoZone, Inc. <sup>\*</sup> | 154 | 660697 |
| Best Buy Co., Inc. | 1742 | 131730 |
| CarMax, Inc. <sup>\*</sup> | 6788 | 304578 |
| Home Depot, Inc. (The) | 9189 | 3723291 |
| Lithia Motors, Inc., Class A | 802 | 253432 |
| TJX Cos., Inc. (The) | 43489 | 6285900 |
|  |  | 11557177 |
| **Technology Hardware, Storage & Peripherals - 7.1%** |  |  |
| Apple, Inc. | 184008 | 46853957 |
| Dell Technologies, Inc., Class C | 2575 | 365058 |
| Western Digital Corp. | 903 | 108414 |
|  |  | 47327429 |
| **Textiles, Apparel & Luxury Goods - 0.3%** |  |  |
| Amer Sports, Inc. <sup>\*</sup> | 4501 | 156410 |
| Ralph Lauren Corp. | 1617 | 507026 |
| Tapestry, Inc. | 9345 | 1058041 |
|  |  | 1721477 |
| **Tobacco - 0.3%** |  |  |
| Philip Morris International, Inc. | 14490 | 2350278 |
| **Trading Companies & Distributors - 0.7%** |  |  |
| Air Lease Corp. | 964 | 61358 |
| Applied Industrial Technologies, Inc. | 4753 | 1240771 |
| Ferguson Enterprises, Inc. | 13741 | 3085954 |
|  |  | 4388083 |
| **Wireless Telecommunication Services - 0.4%** |  |  |
| T-Mobile US, Inc. | 10715 | 2564957 |
| **Total Common Stocks** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost - $389,308,426)** |  | **660396151** |
| **Short-Term Investments - 1.4%** |  |  |
| **Money Market Funds - 1.4%** |  |  |
| Fidelity Investments Money Market <br> Fund - Government Portfolio, Institutional Class, 4.04%<sup>(a)</sup> (Cost - $9,427,644) | 9427644 | 9427644 |
| **Total Short-Term <br> Investments<br> (Cost - $9,427,644)** |  | **9427644** |
| **Total Investments - 100.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost - $398,736,070)** |  | **$669823795** |
| **Other Assets Less Liabilities - Net 0.0%<sup>†</sup>** |  | **115293** |
| **Total Net Assets - 100.0%** |  | **$669939088** |

---

Global Atlantic BlackRock Disciplined Core Portfolio

Portfolio of Investments (Unaudited) (Continued)

September 30, 2025

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| † | Represents less than 0.05%. |
| (a) | The rate shown is the annualized seven-day yield at period end. |

---

ADR - American Depositary Receipt <br> PLC - Public Limited Company <br> REIT - Real Estate Investment Trust

Global Atlantic BlackRock Disciplined Core Portfolio

Portfolio of Investments (Unaudited) (Continued)

September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | | | |
|  | **Counterparty** | **Number of Contracts** | <br>**Expiration Date** | <br>**Notional Value** | <br>**Fair Value/Unrealized Appreciation<br> (Depreciation)** |
| **Long Futures Contracts** |  |  |  |  |  |
| S&P500 EMINI FUT DEC 25 | Goldman Sachs & Co | 30 | 12/19/2025 | $10108125 | $114464 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Forethought Variable Insurance Trust

- **b. Investment Company Act file number:** 811-22865

- **c. CIK number of Registrant:** 0001580353

- **d. LEI of Registrant:** 5493006EQMR1BNKF6A36

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

  - **Street Address 1:** 10 West Market Street

  - **City:** Indianapolis

  - **State:** IN

  - **Foreign country:** US

  - **Zip / Postal Code:** 46204

  - **Telephone number:** 877-355-1820

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

- **a. Name of Series:** Global Atlantic BlackRock Disciplined Core Portfolio

- **b. EDGAR series identifier (if any):** S000052671

- **c. LEI of Series:** 549300JCMCJE8QV00205

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $670825326.28

**Total Liabilities:** $415022.30

**Net Assets:** $670410303.98

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000165363 | 2.16%                | 2.51%                | 4.00%                |
| Class ID C000165364 | 2.10%                | 2.46%                | 4.02%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3763997.84              | $9265752.12                                |
| Month 2  | $4088994.65              | $11288296.09                               |
| Month 3  | $5029654.83              | $20379304.34                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Intel Corp                       | Intel Corp                                 | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     43351 | NS      | $1454426.05   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                        | PG&E Corp                                  | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     76211 | NS      | $1149261.88   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologie   | Applied Industrial Technologies Inc        | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      4753 | NS      | $1240770.65   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp                 | HF Sinclair Corp                           | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |      2073 | NS      | $108500.82    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                       | Ventas Inc                                 | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     24035 | NS      | $1682209.65   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                   | Blackstone Inc                             | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     15734 | NS      | $2688153.90   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc           | Palo Alto Networks Inc                     | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      3847 | NS      | $783326.14    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                     | Comcast Corp                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    119503 | NS      | $3754784.26   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                      | Cencora Inc                                | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |       742 | NS      | $231897.26    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                      | Ovintiv Inc                                | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     40445 | NS      | $1633169.10   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc            | Micron Technology Inc                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     18463 | NS      | $3089229.16   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc            | Uber Technologies Inc                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     17982 | NS      | $1761696.54   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                        | Adobe Inc                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      9476 | NS      | $3342659.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc            | Waste Connections Inc                      | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |      2226 | NS      | $391330.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The               | Trade Desk Inc/The                         | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     12273 | NS      | $601499.73    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                   | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    129616 | NS      | $28459785.12  | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp                     | Centene Corp                               | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |     31180 | NS      | $1112502.40   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co              | American Express Co                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     10742 | NS      | $3568062.72   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc               | NextEra Energy Inc                         | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     25144 | NS      | $1898120.56   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                     | Veralto Corp                               | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |      8147 | NS      | $868551.67    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp           | Boston Scientific Corp                     | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     42262 | NS      | $4126039.06   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                      | GoDaddy Inc                                | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      3417 | NS      | $467548.11    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp             | Lockheed Martin Corp                       | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      3894 | NS      | $1943923.74   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                | Johnson & Johnson                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     35861 | NS      | $6649346.62   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                     | Fortinet Inc                               | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |      3416 | NS      | $287217.28    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                    | Welltower Inc                              | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      1934 | NS      | $344522.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International             | Edison International                       | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     30058 | NS      | $1661606.24   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries Inc   | Armstrong World Industries Inc             | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |      1383 | NS      | $271081.83    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc          | Comfort Systems USA Inc                    | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      1426 | NS      | $1176706.68   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The            | Travelers Cos Inc/The                      | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     10088 | NS      | $2816771.36   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                   | Public Storage                             | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |      4563 | NS      | $1318022.55   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment Inc        | Caesars Entertainment Inc                  | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |     18744 | NS      | $506556.60    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                    | AppLovin Corp                              | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      1217 | NS      | $874463.18    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The               | Home Depot Inc/The                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      9189 | NS      | $3723290.91   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc             | Verisk Analytics Inc                       | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |      2276 | NS      | $572436.76    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Futu Holdings Ltd                | Futu Holdings Ltd                          | CUSIP: 36118L106<br>LEI: 213800X4W4ZRESFPTQ37 | Long             | EC               | CORP              | HK        |       424 | NS      | $73737.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                     | QUALCOMM Inc                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     13648 | NS      | $2270481.28   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants Inc           | Darden Restaurants Inc                     | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |      6049 | NS      | $1151487.64   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International   | Johnson Controls International plc         | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |     14836 | NS      | $1631218.20   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                      | Corteva Inc                                | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     68887 | NS      | $4658827.81   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                  | Best Buy Co Inc                            | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      2682 | NS      | $202812.84    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                      | HubSpot Inc                                | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      2283 | NS      | $1067987.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co        | Performance Food Group Co                  | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |      1507 | NS      | $156788.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                        | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    184008 | NS      | $46853957.04  | 6.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                    | Medtronic PLC                              | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |      8776 | NS      | $835826.24    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                   | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     17017 | NS      | $4033029.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                   | Atlassian Corp                             | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |      2541 | NS      | $405797.70    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc               | PPG Industries Inc                         | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |      1572 | NS      | $165232.92    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                   | Merck & Co Inc                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      2642 | NS      | $221743.06    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technol   | Westinghouse Air Brake Technologies Corp   | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |      6292 | NS      | $1261357.24   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                 | Exxon Mobil Corp                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      2044 | NS      | $230461.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp             | Las Vegas Sands Corp                       | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |      1376 | NS      | $74015.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp        | Carpenter Technology Corp                  | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |      2906 | NS      | $713539.24    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC           | Trane Technologies PLC                     | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      6178 | NS      | $2606868.88   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                              | International Business Machines Corp       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      7681 | NS      | $2167270.96   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity Inc                 | HealthEquity Inc                           | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |      2882 | NS      | $273127.14    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                      | MetLife Inc                                | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |      6467 | NS      | $532686.79    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                      | Cintas Corp                                | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10952 | NS      | $2248007.52   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp             | Parker-Hannifin Corp                       | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      3820 | NS      | $2896133.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp            | Encompass Health Corp                      | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |       972 | NS      | $123463.44    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                     | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     13498 | NS      | $1138016.38   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co              | JPMorgan Chase & Co                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     33677 | NS      | $10622736.11  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc       | Vertex Pharmaceuticals Inc                 | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      1351 | NS      | $529105.64    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                         | RTX Corp                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     16146 | NS      | $2701710.18   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                       | Pfizer Inc                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    219419 | NS      | $5590796.12   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                     | VeriSign Inc                               | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |       500 | NS      | $139785.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp            | Costco Wholesale Corp                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      7334 | NS      | $6788570.42   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                     | Xylem Inc/NY                               | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |       599 | NS      | $88352.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                       | Kirby Corp                                 | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |      2365 | NS      | $197359.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                    | Pinterest Inc                              | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8442 | NS      | $271579.14    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                         | Fox Corp                                   | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |      1623 | NS      | $92981.67     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                      | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    298126 | NS      | $55624349.08  | 8.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC. | S&P500 EMINI                               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |        31 | NC      | $119109.22    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Accenture PLC                    | Accenture PLC                              | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      2964 | NS      | $730922.40    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc       | Verizon Communications Inc                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     33188 | NS      | $1458612.60   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                     | Moody's Corp                               | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      3637 | NS      | $1732957.76   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                      | Walmart Inc                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     86455 | NS      | $8910052.30   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc             | Keurig Dr Pepper Inc                       | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     24168 | NS      | $616525.68    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc              | Delta Air Lines Inc                        | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     13804 | NS      | $783377.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc         | Simon Property Group Inc                   | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      9299 | NS      | $1745143.33   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc             | Waste Management Inc                       | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      5258 | NS      | $1161124.14   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The          | Charles Schwab Corp/The                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     65301 | NS      | $6234286.47   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc               | Crown Holdings Inc                         | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      3494 | NS      | $337485.46    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                | Cisco Systems Inc                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     34600 | NS      | $2367332.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc              | Cardinal Health Inc                        | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     25789 | NS      | $4047841.44   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                      | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     11022 | NS      | $3099827.28   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Moderna Inc                      | Moderna Inc                                | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |     16173 | NS      | $417748.59    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc          | ExlService Holdings Inc                    | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |      3919 | NS      | $172553.57    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc               | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     26665 | NS      | $19582242.70  | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc       | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     14925 | NS      | $2414715.75   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc                     | AutoZone Inc                               | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       154 | NS      | $660696.96    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo Inc                        | Qorvo Inc                                  | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |      1817 | NS      | $165492.36    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc           | Berkshire Hathaway Inc                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     21240 | NS      | $10678197.60  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                  | Caterpillar Inc                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      6310 | NS      | $3010816.50   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                  | T-Mobile US Inc                            | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     10715 | NS      | $2564956.70   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc        | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     30013 | NS      | $5474971.46   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp              | Meritage Homes Corp                        | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |      3136 | NS      | $227140.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Global-e Online Ltd              | Global-e Online Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      1907 | NS      | $68194.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp             | Bank of America Corp                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    135322 | NS      | $6981261.98   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp               | Union Pacific Corp                         | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     19558 | NS      | $4622924.46   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc           | Intuitive Surgical Inc                     | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      6137 | NS      | $2744650.51   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                | Kimco Realty Corp                          | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |     90808 | NS      | $1984154.80   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Figma Inc                        | Figma Inc                                  | CUSIP: 316841105<br>LEI: 254900273Q0J4Z65HU28 | Long             | EC               | CORP              | US        |      2504 | NS      | $129882.48    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                       | Copart Inc                                 | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |     25612 | NS      | $1151771.64   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                    | Boeing Co/The                              | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      2433 | NS      | $525114.39    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                     | Entergy Corp                               | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     42720 | NS      | $3981076.80   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp            | Monster Beverage Corp                      | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     19721 | NS      | $1327420.51   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc    | Regeneron Pharmaceuticals Inc              | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      6341 | NS      | $3565354.07   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Klarna Group PLC                 | Klarna Group PLC                           | CUSIP: 000000000<br>LEI: 636700HER4JIK7GZUN17 | Long             | EC               | CORP              | GB        |      3773 | NS      | $138280.45    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp                | Chord Energy Corp                          | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |      3567 | NS      | $354452.79    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Roku Inc                         | Roku Inc                                   | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |      1953 | NS      | $195553.89    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                  | TJX Cos Inc/The                            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     43489 | NS      | $6285900.06   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Government Portfolio    | Fidelity Government Portfolio              | CUSIP: 316175108<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |   9427644 | NS      | $9427643.85   | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Amer Sports Inc                  | Amer Sports Inc                            | CUSIP: 000000000<br>LEI: 391200YCSWTRD1J21867 | Long             | EC               | CORP              | FI        |      4501 | NS      | $156409.75    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                     | Danaher Corp                               | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      6372 | NS      | $1263312.72   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co                         | Crane Co                                   | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |       589 | NS      | $108458.46    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                | Lam Research Corp                          | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     55432 | NS      | $7422344.80   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc                   | BorgWarner Inc                             | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     37554 | NS      | $1650873.84   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                   | Air Lease Corp                             | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |       964 | NS      | $61358.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                     | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     55402 | NS      | $18277673.82  | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                   | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     94709 | NS      | $49054526.55  | 7.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                  | Schlumberger NV                            | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     46649 | NS      | $1603326.13   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp               | Valero Energy Corp                         | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      3590 | NS      | $611233.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc     | Thermo Fisher Scientific Inc               | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1691 | NS      | $820168.82    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                  | McDonald's Corp                            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     11777 | NS      | $3578912.53   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc      | Honeywell International Inc                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     30549 | NS      | $6430564.50   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                       | JD.com Inc                                 | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |     19268 | NS      | $673994.64    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                | Devon Energy Corp                          | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |    108542 | NS      | $3805482.52   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                      | Equinix Inc                                | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      1591 | NS      | $1246134.84   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp                 | Boyd Gaming Corp                           | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |         2 | NS      | $172.90       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions Inc           | Skyworks Solutions Inc                     | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |      3301 | NS      | $254110.98    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp         | United Therapeutics Corp                   | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |       953 | NS      | $399507.13    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                   | GE Vernova Inc                             | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      1955 | NS      | $1202129.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro Inc                       | Hasbro Inc                                 | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |     18224 | NS      | $1382290.40   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc    | Interactive Brokers Group Inc              | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |      9343 | NS      | $642891.83    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc             | Booking Holdings Inc                       | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       764 | NS      | $4125042.28   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                   | S&P Global Inc                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      1206 | NS      | $586972.26    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc              | Elevance Health Inc                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      2292 | NS      | $740591.04    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc               | Analog Devices Inc                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      3736 | NS      | $917935.20    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BANK CORP             | SOUTHSTATE BANK CORP                       | CUSIP: 84472E102<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |      4652 | NS      | $459943.24    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The               | Walt Disney Co/The                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      2773 | NS      | $317508.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                | Kinder Morgan Inc                          | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     81287 | NS      | $2301234.97   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc            | Republic Services Inc                      | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      6970 | NS      | $1599475.60   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                    | CME Group Inc                              | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     12694 | NS      | $3429791.86   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                 | Coca-Cola Co/The                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     33803 | NS      | $2241814.96   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors Inc                | Lithia Motors Inc                          | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |       802 | NS      | $253432.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Globant SA                       | Globant SA                                 | CUSIP: 000000000<br>LEI: 2221008DCMSPYS42DS88 | Long             | EC               | CORP              | LU        |      2133 | NS      | $122391.54    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp                       | Dover Corp                                 | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |      2373 | NS      | $395887.59    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH     | Huntington Bancshares Inc/OH               | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    152816 | NS      | $2639132.32   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                | General Motors Co                          | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     27825 | NS      | $1696490.25   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc              | Arista Networks Inc                        | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     25717 | NS      | $3747224.07   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                   | ServiceNow Inc                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3759 | NS      | $3459332.52   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                     | Chevron Corp                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14150 | NS      | $2197353.50   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                    | Amphenol Corp                              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     39449 | NS      | $4881813.75   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultragenyx Pharmaceutical Inc    | Ultragenyx Pharmaceutical Inc              | CUSIP: 90400D108<br>LEI: 529900EV44GVDN1DCX77 | Long             | EC               | CORP              | US        |      5637 | NS      | $169560.96    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                       | CarMax Inc                                 | CUSIP: 143130102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6788 | NS      | $304577.56    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR Inc                          | NVR Inc                                    | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |        58 | NS      | $466010.28    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                | Allstate Corp/The                          | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      5637 | NS      | $1209982.05   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corp                    | Celanese Corp                              | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |      3107 | NS      | $130742.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp            | General Dynamics Corp                      | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      5032 | NS      | $1715912.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                   | Morgan Stanley                             | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     37432 | NS      | $5950190.72   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd                         | Flex Ltd                                   | CUSIP: 000000000<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | US        |      1837 | NS      | $106490.89    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands Inc              | BellRing Brands Inc                        | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |      1236 | NS      | $44928.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                       | AbbVie Inc                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     26117 | NS      | $6047130.18   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc           | Motorola Solutions Inc                     | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      5356 | NS      | $2449245.24   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp            | Northrop Grumman Corp                      | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |       160 | NS      | $97491.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                        | CubeSmart                                  | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49290 | NS      | $2004131.40   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                   | Eli Lilly & Co                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     10835 | NS      | $8267105.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc           | UnitedHealth Group Inc                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     10860 | NS      | $3749958.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                       | AMETEK Inc                                 | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |     16230 | NS      | $3051240.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software    | Take-Two Interactive Software Inc          | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      1201 | NS      | $310290.36    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc    | Intercontinental Exchange Inc              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      8950 | NS      | $1507896.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc         | Ferguson Enterprises Inc                   | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     13741 | NS      | $3085953.78   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc           | Marvell Technology Inc                     | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6736 | NS      | $566295.52    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Rubrik Inc                       | Rubrik Inc                                 | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |      2310 | NS      | $189997.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                       | Garmin Ltd                                 | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |      8083 | NS      | $1990196.26   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| OneMain Holdings Inc             | OneMain Holdings Inc                       | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |      2714 | NS      | $153232.44    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In   | Philip Morris International Inc            | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     14490 | NS      | $2350278.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                  | Cigna Group/The                            | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      3991 | NS      | $1150405.75   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc       | Sprouts Farmers Market Inc                 | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |      1008 | NS      | $109670.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                     | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     64920 | NS      | $15782052.00  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc          | Consolidated Edison Inc                    | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     17658 | NS      | $1774982.16   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                      | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      5539 | NS      | $6640817.88   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                        | Amgen Inc                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       210 | NS      | $59262.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                     | Alphabet Inc                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     54055 | NS      | $13165095.25  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                         | Visa Inc                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     22851 | NS      | $7800874.38   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc       | Chipotle Mexican Grill Inc                 | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31386 | NS      | $1230017.34   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                       | Natera Inc                                 | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2623 | NS      | $422224.31    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp               | Expand Energy Corp                         | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      5992 | NS      | $636590.08    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc         | Crowdstrike Holdings Inc                   | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |       580 | NS      | $284420.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                   | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      8752 | NS      | $4978225.12   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The          | Procter & Gamble Co/The                    | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     28677 | NS      | $4406221.05   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation Inc                   | AutoNation Inc                             | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       903 | NS      | $197549.31    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/T   | Hartford Insurance Group Inc/The           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      3316 | NS      | $442321.24    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc               | Ally Financial Inc                         | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |     15013 | NS      | $588509.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                     | Tapestry Inc                               | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |      9345 | NS      | $1058040.90   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding   | Credo Technology Group Holding Ltd         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3444 | NS      | $501480.84    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co          | Bristol-Myers Squibb Co                    | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    106745 | NS      | $4814199.50   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                         | AT&T Inc                                   | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     50092 | NS      | $1414598.08   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                       | HEICO Corp                                 | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      3134 | NS      | $796318.06    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Elastic NV                       | Elastic NV                                 | CUSIP: 000000000<br>LEI: 2549003I48WHHH937I59 | Long             | EC               | CORP              | US        |     10891 | NS      | $920180.59    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp                | Ralph Lauren Corp                          | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      1617 | NS      | $507026.52    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc          | Rockwell Automation Inc                    | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      2020 | NS      | $706050.60    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc              | Gilead Sciences Inc                        | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     16401 | NS      | $1820511.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                     | Stryker Corp                               | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      5775 | NS      | $2134844.25   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust            | Camden Property Trust                      | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |       592 | NS      | $63213.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc             | Freeport-McMoRan Inc                       | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     29904 | NS      | $1172834.88   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The             | Progressive Corp/The                       | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     13255 | NS      | $3273322.25   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                       | FedEx Corp                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      1834 | NS      | $432475.54    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc           | Mueller Industries Inc                     | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |     23377 | NS      | $2363648.47   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Kellanova                        | Kellanova                                  | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |      3115 | NS      | $255492.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp        | Edwards Lifesciences Corp                  | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      6567 | NS      | $510715.59    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                       | Intuit Inc                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      6625 | NS      | $4524278.75   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                     | Insulet Corp                               | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      1655 | NS      | $510948.15    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc            | Dell Technologies Inc                      | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      2575 | NS      | $365057.75    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Qfin Holdings Inc                | Qfin Holdings Inc                          | CUSIP: 88557W101<br>LEI: 836800R59NKEPDR6I240 | Long             | EC               | CORP              | CN        |      6723 | NS      | $193487.94    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The             | Williams Cos Inc/The                       | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     25389 | NS      | $1608393.15   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information    | Fidelity National Information Services Inc | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     16563 | NS      | $1092164.22   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                       | MasTec Inc                                 | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |      6322 | NS      | $1345384.82   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                    | McKesson Corp                              | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |       584 | NS      | $451163.36    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc            | Texas Instruments Inc                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      6174 | NS      | $1134349.02   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                       | Nasdaq Inc                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     35071 | NS      | $3102029.95   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                    | Owens Corning                              | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |      1352 | NS      | $191253.92    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                        | Tesla Inc                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     28796 | NS      | $12806157.12  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers Inc                | Toll Brothers Inc                          | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      8610 | NS      | $1189385.40   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co              | General Electric Co                        | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     12528 | NS      | $3768672.96   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                       | Deere & Co                                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |       658 | NS      | $300877.08    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                    | Citigroup Inc                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     28276 | NS      | $2870014.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-25

**Name of Applicant:** Forethought Variable Insurance Trust

**Signature:** Cameron Jeffreys, CFA

**Name of Signer:** Cameron Jeffreys, CFA

**Title:** Senior Vice President