# EDGAR Filing Document

**Accession Number:** 0001668512
**File Stem:** 0001752724-23-032163
**Filing Date:** 2023-2
**Character Count:** 45821
**Document Hash:** 9def94d29482b8f0abb6a4c912e1b624
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-032163.hdr.sgml**: 20230221

**ACCESSION NUMBER**: 0001752724-23-032163

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230221

**DATE AS OF CHANGE**: 20230221

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Guardian Variable Products Trust
- **CENTRAL INDEX KEY:** 0001668512
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23148
- **FILM NUMBER:** 23649096

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

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

## Series and Classes Contracts Data

### Guardian Diversified Research VIP Fund (Series ID: S000054043)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000169895 | Guardian Diversified Research VIP Fund |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

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

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

- **a. Name of Series:** Guardian Diversified Research VIP Fund

- **b. EDGAR series identifier (if any):** S000054043

- **c. LEI of Series:** 549300RDJE4AOK7YP487

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $141233133.70

**Total Liabilities:** $155872.08

**Net Assets:** $141077261.62

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000169895 | 8.76%                | 5.90%                | -5.86%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-309151.87              | $11857504.79                               |
| Month 2  | $-866906.78              | $9259253.73                                |
| Month 3  | $554494.38               | $-9423015.95                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Honeywell International Inc        | Honeywell International Inc        | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      5806 | NS      | $1244225.80   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                     | Salesforce Inc                     | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      8278 | NS      | $1097580.02   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Entertainment Inc             | Penn Entertainment Inc             | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9327 | NS      | $277011.90    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                         | Intuit Inc                         | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      3392 | NS      | $1320234.24   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                  | General Motors Co                  | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |      6480 | NS      | $217987.20    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fixed Income Clearing Corp         | FIXED INC CLEARING CORP.REPO       | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |   1338861 | PA      | $1338860.55   | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Chipotle Mexican Grill Inc         | Chipotle Mexican Grill Inc         | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       423 | NS      | $586908.27    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                 | Union Pacific Corp                 | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     10595 | NS      | $2193906.65   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                  | Johnson & Johnson                  | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      9542 | NS      | $1685594.30   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc             | UnitedHealth Group Inc             | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      5701 | NS      | $3022556.18   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                 | United Rentals Inc                 | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      1813 | NS      | $644376.46    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                 | NextEra Energy Inc                 | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11178 | NS      | $934480.80    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc      | Hilton Worldwide Holdings Inc      | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      5363 | NS      | $677668.68    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                         | AbbVie Inc                         | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      5664 | NS      | $915359.04    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Warby Parker Inc                   | Warby Parker Inc                   | CUSIP: 93403J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3426 | NS      | $46216.74     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc       | Thermo Fisher Scientific Inc       | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      2410 | NS      | $1327162.90   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp              | Costco Wholesale Corp              | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1864 | NS      | $850916.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                           | NIKE Inc                           | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      4140 | NS      | $484421.40    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                          | Shell PLC                          | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     31500 | NS      | $895158.14    | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Aramark                            | Aramark                            | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |      8582 | NS      | $354779.88    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                      | Citigroup Inc                      | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     42953 | NS      | $1942764.19   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                          | Linde PLC                          | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | IE        |       550 | NS      | $179399.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                            | Sea Ltd                            | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |      3666 | NS      | $190741.98    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| 4Front Ventures Corp               | 4Front Ventures Corp               | CUSIP: 35086B207<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    591108 | NS      | $138023.72    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                 | PPG Industries Inc                 | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |      3626 | NS      | $455933.24    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                        | Exelon Corp                        | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     24788 | NS      | $1071585.24   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Levi Strauss & Co                  | Levi Strauss & Co                  | CUSIP: 52736R102<br>LEI: MB0UERO0RDFKU8258G77 | Long             | EC               | CORP              | US        |      9901 | NS      | $153663.52    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                      | Medtronic PLC                      | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |      1525 | NS      | $118523.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                        | Corteva Inc                        | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     10730 | NS      | $630709.40    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc         | Advanced Micro Devices Inc         | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     27703 | NS      | $1794323.31   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc                 | Enphase Energy Inc                 | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |       440 | NS      | $116582.40    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                        | PepsiCo Inc                        | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     12808 | NS      | $2313893.28   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                | PayPal Holdings Inc                | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      4534 | NS      | $322911.48    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                       | Alphabet Inc                       | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     58202 | NS      | $5135162.46   | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Cenovus Energy Inc                 | Cenovus Energy Inc                 | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |    102589 | NS      | $1990408.44   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                           | Visa Inc                           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      6512 | NS      | $1352933.12   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                | Ascendis Pharma A/S                | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |      4416 | NS      | $539326.08    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                         | Zoetis Inc                         | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |       655 | NS      | $95990.25     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                     | NRG Energy Inc                     | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     56733 | NS      | $1805244.06   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co                | Eastman Chemical Co                | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |      4869 | NS      | $396531.36    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp             | Boston Scientific Corp             | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     18730 | NS      | $866637.10    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                | Elevance Health Inc                | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |       499 | NS      | $255972.03    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp                       | Vontier Corp                       | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |     22660 | NS      | $438017.80    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                         | Biogen Inc                         | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      1635 | NS      | $452764.20    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties Inc  | Gaming and Leisure Properties Inc  | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               |  | US        |     21226 | NS      | $1105662.34   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvergate Capital Corp            | Silvergate Capital Corp            | CUSIP: 82837P408<br>LEI: BPE6FTXDZEBNAGIT2T19 | Long             | EC               | CORP              | US        |      6583 | NS      | $114544.20    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The            | Procter & Gamble Co/The            | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     18555 | NS      | $2812195.80   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings Inc   | BJ's Wholesale Club Holdings Inc   | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      2023 | NS      | $133841.68    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                        | CDW Corp/DE                        | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      7388 | NS      | $1319349.04   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| GoGreen Investments Corp           | GoGreen Investments Corp           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     22514 | NS      | $236397.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                     | Microsoft Corp                     | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     33760 | NS      | $8096323.20   | 5.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson and Co            | Becton Dickinson and Co            | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |      2186 | NS      | $555899.80    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc              | Applied Materials Inc              | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     12339 | NS      | $1201571.82   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp          | Constellation Energy Corp          | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      1874 | NS      | $161557.54    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                           | Adyen NV                           | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |       219 | NS      | $303055.77    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Constellation Brands Inc           | Constellation Brands Inc           | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |       705 | NS      | $163383.75    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                        | NVIDIA Corp                        | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     15518 | NS      | $2267800.52   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc | Johnson Controls International plc | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     18460 | NS      | $1181440.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AXA SA                             | AXA SA                             | CUSIP: 000000000<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |     26776 | NS      | $746266.68    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Cigna Corp                         | Cigna Corp                         | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      7430 | NS      | $2461856.20   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF Trust             | SPDR S&P 500 ETF Trust             | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |      2753 | NS      | $1052829.79   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc            | O'Reilly Automotive Inc            | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |       857 | NS      | $723333.71    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| DuPont de Nemours Inc              | DuPont de Nemours Inc              | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     14164 | NS      | $972075.32    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                       | Illumina Inc                       | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |       385 | NS      | $77847.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                 | Walt Disney Co/The                 | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      6491 | NS      | $563938.08    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                        | Target Corp                        | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      5410 | NS      | $806306.40    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                        | Walmart Inc                        | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     11293 | NS      | $1601234.47   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                   | Coca-Cola Co/The                   | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     26985 | NS      | $1716515.85   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                   | Exxon Mobil Corp                   | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     32892 | NS      | $3627987.60   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd             | Agnico Eagle Mines Ltd             | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |      9201 | NS      | $478125.82    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Co Inc/MD              | McCormick & Co Inc/MD              | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |      4225 | NS      | $350210.25    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd               | Assured Guaranty Ltd               | CUSIP: 000000000<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | BM        |     26951 | NS      | $1677969.26   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                    | TJX Cos Inc/The                    | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      3907 | NS      | $310997.20    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                        | Netflix Inc                        | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      2109 | NS      | $621901.92    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc             | Intuitive Surgical Inc             | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      2276 | NS      | $603936.60    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                     | Mastercard Inc                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      9456 | NS      | $3288134.88   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co              | Southwest Airlines Co              | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |     13485 | NS      | $454039.95    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp               | Bank of America Corp               | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     39603 | NS      | $1311651.36   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                          | Tesla Inc                          | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      8766 | NS      | $1079795.88   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                 | Home Depot Inc/The                 | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      9756 | NS      | $3081530.16   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold Inc                    | Alamos Gold Inc                    | CUSIP: 011532108<br>LEI: 549300TDOX73YGYXE959 | Long             | EC               | CORP              | CA        |     36632 | NS      | $370349.52    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust               | Vornado Realty Trust               | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               |  | US        |      9792 | NS      | $203771.52    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                          | PG&E Corp                          | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     18741 | NS      | $304728.66    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                | Abbott Laboratories                | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      6541 | NS      | $718136.39    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                         | FedEx Corp                         | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      2828 | NS      | $489809.60    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Innoviva Inc                       | Innoviva Inc                       | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |     43796 | NS      | $580297.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc       | Apollo Global Management Inc       | CUSIP: 03769M106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21584 | NS      | $1376843.36   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                           | CSX Corp                           | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     13492 | NS      | $417982.16    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The        | Goldman Sachs Group Inc/The        | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      6468 | NS      | $2220981.84   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The            | Sherwin-Williams Co/The            | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      3126 | NS      | $741893.58    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                         | Dexcom Inc                         | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      3757 | NS      | $425442.68    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                | General Electric Co                | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      2847 | NS      | $238550.13    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                         | Deere & Co                         | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      1155 | NS      | $495217.80    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The            | Charles Schwab Corp/The            | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     16921 | NS      | $1408842.46   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                 | Meta Platforms Inc                 | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      8620 | NS      | $1037330.80   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                         | Pfizer Inc                         | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     16634 | NS      | $852326.16    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc            | Lululemon Athletica Inc            | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |       570 | NS      | $182616.60    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                        | Ameren Corp                        | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |      5556 | NS      | $494039.52    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                        | Oracle Corp                        | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     37429 | NS      | $3059446.46   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                         | CarMax Inc                         | CUSIP: 143130102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3916 | NS      | $238445.24    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc              | Bath & Body Works Inc              | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |      3582 | NS      | $150945.48    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Raytheon Technologies Corp         | Raytheon Technologies Corp         | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     13816 | NS      | $1394310.72   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                       | KKR & Co Inc                       | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     20352 | NS      | $944739.84    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp                | Avery Dennison Corp                | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      2040 | NS      | $369240.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                      | Boeing Co/The                      | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      1011 | NS      | $192585.39    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                   | Altria Group Inc                   | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      6579 | NS      | $300726.09    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co                | Emerson Electric Co                | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |      8340 | NS      | $801140.40    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                     | PulteGroup Inc                     | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26527 | NS      | $1207774.31   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Quilter PLC                        | Quilter PLC                        | CUSIP: 000000000<br>LEI: 54930092XIVK28RZGM95 | Long             | EC               | CORP              | GB        |    272461 | NS      | $305203.20    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Ingersoll Rand Inc                 | Ingersoll Rand Inc                 | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |     11020 | NS      | $575795.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                       | QUALCOMM Inc                       | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     11813 | NS      | $1298721.22   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Rad Laboratories Inc           | Bio-Rad Laboratories Inc           | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |       987 | NS      | $415023.63    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp                | Otis Worldwide Corp                | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     15991 | NS      | $1252255.21   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                        | Avantor Inc                        | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16096 | NS      | $339464.64    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp              | Northrop Grumman Corp              | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      2389 | NS      | $1303462.29   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                      | McKesson Corp                      | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      3385 | NS      | $1269781.20   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                         | Humana Inc                         | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |       929 | NS      | $475824.51    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                          | Apple Inc                          | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     44871 | NS      | $5830089.03   | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Berry Global Group Inc             | Berry Global Group Inc             | CUSIP: 08579W103<br>LEI: 549300G6KKUMMXM8NH73 | Long             | EC               | CORP              | US        |      4745 | NS      | $286740.35    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                       | Danaher Corp                       | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      3940 | NS      | $1045754.80   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamond Offshore Drilling Inc      | Diamond Offshore Drilling Inc      | CUSIP: 25271C201<br>LEI: F14FQJ2EEHW5VPYUHL14 | Long             | EC               | CORP              | US        |     77905 | NS      | $810212.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc      | Regeneron Pharmaceuticals Inc      | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       278 | NS      | $200574.22    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential PLC                     | Prudential PLC                     | CUSIP: 000000000<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | EC               | CORP              | GB        |     75715 | NS      | $1024623.33   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| T-Mobile US Inc                    | T-Mobile US Inc                    | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     16029 | NS      | $2244060.00   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                      | AIA Group Ltd                      | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |     66600 | NS      | $733732.46    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Charter Communications Inc         | Charter Communications Inc         | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      1477 | NS      | $500850.70    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes PLC                       | Alkermes PLC                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     17965 | NS      | $469425.45    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc               | Booking Holdings Inc               | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       574 | NS      | $1156770.72   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                     | Merck & Co Inc                     | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     14378 | NS      | $1595239.10   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                     | Eli Lilly & Co                     | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      3960 | NS      | $1448726.40   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                     | Amazon.com Inc                     | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     45580 | NS      | $3828720.00   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                            | CRH PLC                            | CUSIP: 12626K203<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |      8968 | NS      | $356836.72    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                     | ConocoPhillips                     | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      8535 | NS      | $1007130.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-19

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

**Signature:** John Walter

**Name of Signer:** John Walter

**Title:** Treasurer