# EDGAR Filing Document

**Accession Number:** 0000815425
**File Stem:** 0001193125-25-298485
**Filing Date:** 2025-11
**Character Count:** 117933
**Document Hash:** 7405d22ab8cb549dba471803255046b9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-298485.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001193125-25-298485

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLUMBIA FUNDS VARIABLE INSURANCE TRUST
- **CENTRAL INDEX KEY:** 0000815425

**ORGANIZATION NAME:**
- **EIN:** 043031721
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05199
- **FILM NUMBER:** 251524058

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STEINROE VARIABLE INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STEINROE VARIABLE INVESTMENT FUND
- **DATE OF NAME CHANGE:** 19890327

## Series and Classes Contracts Data

### Columbia Variable Portfolio - Small Cap Value Fund (Series ID: S000012561)

| Class ID   | Class Name                                                 | Ticker Symbol   |
|:---|:---|:---|
| C000034145 | Columbia Variable Portfolio - Small Cap Value Fund Class 1 |  |
| C000034146 | Columbia Variable Portfolio - Small Cap Value Fund Class 2 |  |

## Nport-Ex

![](imgcd69eb731.jpg)

Columbia Variable Portfolio – Small Cap Value Fund

**Third Quarter Report**

September 30, 2025 (Unaudited)

Please remember that you may not buy (nor will you own) shares of the Fund directly. The Fund is available through variable annuity contracts and variable life insurance policies offered by the separate accounts of participating insurance companies as well as qualified pension and retirement plans. Please contact your financial advisor or insurance representative for more information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Not FDIC or NCUA Insured** | **No Financial Institution Guarantee** | **May Lose Value** |

---

------

Portfolio of Investments

Columbia Variable Portfolio – Small Cap Value Fund, September 30, 2025 (Unaudited)

(Percentages represent value of investments compared to net assets)

**Investments in securities**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Common Stocks 99.9%** | **Common Stocks 99.9%** | **Common Stocks 99.9%** |
| **Issuer** | **Shares** | **Value ($)** |
| **Communication Services 3.4%** | **Communication Services 3.4%** | **Communication Services 3.4%** |
| **Diversified Telecommunication Services 0.2%** | **Diversified Telecommunication Services 0.2%** | **Diversified Telecommunication Services 0.2%** |
| Bandwidth, Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 52060 | &nbsp;&nbsp; 867840 |
| **Entertainment 0.5%** | **Entertainment 0.5%** | **Entertainment 0.5%** |
| Gaia, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 146788 | &nbsp;&nbsp; 868985 |
| Playstudios, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 516317 | &nbsp;&nbsp; 497007 |
| Vivid Seats, Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 46405 | &nbsp;&nbsp; 771251 |
| Total |  | &nbsp;&nbsp; 2137243 |
| **Interactive Media & Services 0.7%** | **Interactive Media & Services 0.7%** | **Interactive Media & Services 0.7%** |
| Webtoon Entertainment, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 152186 | &nbsp;&nbsp; 2953930 |
| **Media 1.0%** | **Media 1.0%** | **Media 1.0%** |
| Cable One, Inc. | &nbsp;&nbsp; 7684 | &nbsp;&nbsp; 1360452 |
| Criteo SA, ADR<sup>(a)</sup> <br>| &nbsp;&nbsp; 84410 | &nbsp;&nbsp; 1907666 |
| Ibotta, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 30676 | &nbsp;&nbsp; 854327 |
| Total |  | &nbsp;&nbsp; 4122445 |
| **Wireless Telecommunication Services 1.0%** | **Wireless Telecommunication Services 1.0%** | **Wireless Telecommunication Services 1.0%** |
| Telephone and Data Systems, Inc. | &nbsp;&nbsp; 99976 | &nbsp;&nbsp; 3923058 |
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **14004516** |
| **Consumer Discretionary 12.2%** | **Consumer Discretionary 12.2%** | **Consumer Discretionary 12.2%** |
| **Automobile Components 1.4%** | **Automobile Components 1.4%** | **Automobile Components 1.4%** |
| Gentherm, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 59473 | &nbsp;&nbsp; 2025650 |
| Visteon Corp. | &nbsp;&nbsp; 31315 | &nbsp;&nbsp; 3753416 |
| Total |  | &nbsp;&nbsp; 5779066 |
| **Automobiles 0.4%** | **Automobiles 0.4%** | **Automobiles 0.4%** |
| Winnebago Industries, Inc. | &nbsp;&nbsp; 45740 | &nbsp;&nbsp; 1529546 |
| **Broadline Retail 0.8%** | **Broadline Retail 0.8%** | **Broadline Retail 0.8%** |
| Savers Value Village, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 264640 | &nbsp;&nbsp; 3506480 |
| **Distributors 0.3%** | **Distributors 0.3%** | **Distributors 0.3%** |
| A-Mark Precious Metals, Inc. | &nbsp;&nbsp; 43660 | &nbsp;&nbsp; 1129484 |
| Educational Development Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 73074 | &nbsp;&nbsp; 97189 |
| Total |  | &nbsp;&nbsp; 1226673 |
| **Diversified Consumer Services 0.7%** | **Diversified Consumer Services 0.7%** | **Diversified Consumer Services 0.7%** |
| American Public Education, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 40148 | &nbsp;&nbsp; 1584642 |
| Kindercare Learning Cos, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 168044 | &nbsp;&nbsp; 1115812 |
| Total |  | &nbsp;&nbsp; 2700454 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Hotels, Restaurants & Leisure 0.2%** | **Hotels, Restaurants & Leisure 0.2%** | **Hotels, Restaurants & Leisure 0.2%** |
| Jack in the Box, Inc. | &nbsp;&nbsp; 38498 | &nbsp;&nbsp; 761105 |
| **Household Durables 2.8%** | **Household Durables 2.8%** | **Household Durables 2.8%** |
| Beazer Homes USA, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 42210 | &nbsp;&nbsp; 1036255 |
| Cavco Industries, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 3418 | &nbsp;&nbsp; 1984935 |
| Century Communities, Inc. | &nbsp;&nbsp; 29760 | &nbsp;&nbsp; 1885891 |
| Hamilton Beach Brands Holding Co. | &nbsp;&nbsp; 73820 | &nbsp;&nbsp; 1060793 |
| Helen of Troy Ltd.<sup>(a)</sup> <br>| &nbsp;&nbsp; 81170 | &nbsp;&nbsp; 2045484 |
| Hooker Furnishings Corp. | &nbsp;&nbsp; 55510 | &nbsp;&nbsp; 563427 |
| Legacy Housing Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 66794 | &nbsp;&nbsp; 1837503 |
| Lifetime Brands, Inc. | &nbsp;&nbsp; 156692 | &nbsp;&nbsp; 606398 |
| Universal Electronics, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 136368 | &nbsp;&nbsp; 635475 |
| Total |  | &nbsp;&nbsp; 11656161 |
| **Leisure Products 1.5%** | **Leisure Products 1.5%** | **Leisure Products 1.5%** |
| Malibu Boats, Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 50045 | &nbsp;&nbsp; 1623960 |
| Polaris, Inc. | &nbsp;&nbsp; 54873 | &nbsp;&nbsp; 3189768 |
| YETI Holdings, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 42494 | &nbsp;&nbsp; 1409951 |
| Total |  | &nbsp;&nbsp; 6223679 |
| **Specialty Retail 2.3%** | **Specialty Retail 2.3%** | **Specialty Retail 2.3%** |
| Advance Auto Parts, Inc. | &nbsp;&nbsp; 35787 | &nbsp;&nbsp; 2197322 |
| America's Car-Mart, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 28540 | &nbsp;&nbsp; 833653 |
| Brilliant Earth Group, Inc., Class A | &nbsp;&nbsp; 125274 | &nbsp;&nbsp; 259317 |
| Designer Brands, Inc. | &nbsp;&nbsp; 208367 | &nbsp;&nbsp; 737619 |
| National Vision Holdings, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 112203 | &nbsp;&nbsp; 3275206 |
| Stitch Fix, Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 159347 | &nbsp;&nbsp; 693159 |
| Zumiez, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 70460 | &nbsp;&nbsp; 1381721 |
| Total |  | &nbsp;&nbsp; 9377997 |
| **Textiles, Apparel & Luxury Goods 1.8%** | **Textiles, Apparel & Luxury Goods 1.8%** | **Textiles, Apparel & Luxury Goods 1.8%** |
| Carter's, Inc. | &nbsp;&nbsp; 51720 | &nbsp;&nbsp; 1459538 |
| Culp, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 143469 | &nbsp;&nbsp; 639872 |
| Fossil Group, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 383267 | &nbsp;&nbsp; 984996 |
| Movado Group, Inc. | &nbsp;&nbsp; 86979 | &nbsp;&nbsp; 1649992 |
| Steven Madden Ltd. | &nbsp;&nbsp; 84804 | &nbsp;&nbsp; 2839238 |
| Total |  | &nbsp;&nbsp; 7573636 |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **50334797** |

---

Columbia Variable Portfolio – Small Cap Value Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Small Cap Value Fund, September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Consumer Staples 4.3%** | **Consumer Staples 4.3%** | **Consumer Staples 4.3%** |
| **Beverages 0.8%** | **Beverages 0.8%** | **Beverages 0.8%** |
| Boston Beer Co., Inc. (The), Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 8751 | &nbsp;&nbsp; 1850136 |
| MGP Ingredients, Inc. | &nbsp;&nbsp; 55376 | &nbsp;&nbsp; 1339546 |
| Total |  | &nbsp;&nbsp; 3189682 |
| **Consumer Staples Distribution & Retail 0.5%** | **Consumer Staples Distribution & Retail 0.5%** | **Consumer Staples Distribution & Retail 0.5%** |
| Andersons, Inc. (The) | &nbsp;&nbsp; 55367 | &nbsp;&nbsp; 2204160 |
| **Food Products 1.9%** | **Food Products 1.9%** | **Food Products 1.9%** |
| Dole PLC | &nbsp;&nbsp; 156890 | &nbsp;&nbsp; 2108602 |
| Hain Celestial Group, Inc. (The)<sup>(a)</sup> <br>| &nbsp;&nbsp; 324493 | &nbsp;&nbsp; 512699 |
| John B. Sanfilippo & Son, Inc. | &nbsp;&nbsp; 19190 | &nbsp;&nbsp; 1233533 |
| Simply Good Foods Co. (The)<sup>(a)</sup> <br>| &nbsp;&nbsp; 90420 | &nbsp;&nbsp; 2244224 |
| TreeHouse Foods, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 89350 | &nbsp;&nbsp; 1805764 |
| Total |  | &nbsp;&nbsp; 7904822 |
| **Personal Care Products 1.1%** | **Personal Care Products 1.1%** | **Personal Care Products 1.1%** |
| Coty, Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 618078 | &nbsp;&nbsp; 2497035 |
| Edgewell Personal Care Co. | &nbsp;&nbsp; 73840 | &nbsp;&nbsp; 1503383 |
| Honest Co., Inc. (The)<sup>(a)</sup> <br>| &nbsp;&nbsp; 172021 | &nbsp;&nbsp; 633037 |
| Total |  | &nbsp;&nbsp; 4633455 |
| **Total Consumer Staples** | **Total Consumer Staples** | &nbsp;&nbsp; **17932119** |
| **Energy 7.0%** | **Energy 7.0%** | **Energy 7.0%** |
| **Energy Equipment & Services 2.2%** | **Energy Equipment & Services 2.2%** | **Energy Equipment & Services 2.2%** |
| Atlas Energy Solutions, Inc. | &nbsp;&nbsp; 164500 | &nbsp;&nbsp; 1870365 |
| DMC Global Inc<sup>(a)</sup> <br>| &nbsp;&nbsp; 111064 | &nbsp;&nbsp; 938491 |
| Natural Gas Services Group, Inc. | &nbsp;&nbsp; 81760 | &nbsp;&nbsp; 2288462 |
| Pason Systems, Inc. | &nbsp;&nbsp; 146819 | &nbsp;&nbsp; 1274394 |
| ProPetro Holding Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 182752 | &nbsp;&nbsp; 957620 |
| Tetra Technologies, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 295278 | &nbsp;&nbsp; 1697849 |
| Total |  | &nbsp;&nbsp; 9027181 |
| **Oil, Gas & Consumable Fuels 4.8%** | **Oil, Gas & Consumable Fuels 4.8%** | **Oil, Gas & Consumable Fuels 4.8%** |
| Ardmore Shipping Corp. | &nbsp;&nbsp; 89550 | &nbsp;&nbsp; 1062958 |
| Delek U.S. Holdings, Inc. | &nbsp;&nbsp; 84710 | &nbsp;&nbsp; 2733592 |
| Green Plains, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 136740 | &nbsp;&nbsp; 1201945 |
| Infinity Natural Resources, Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 17986 | &nbsp;&nbsp; 235796 |
| PBF Energy, Inc., Class A | &nbsp;&nbsp; 134200 | &nbsp;&nbsp; 4048814 |
| Ring Energy, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 804662 | &nbsp;&nbsp; 877082 |
| Scorpio Tankers, Inc. | &nbsp;&nbsp; 62680 | &nbsp;&nbsp; 3513214 |
| Talos Energy, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 265450 | &nbsp;&nbsp; 2545665 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| Teekay Tankers Ltd., Class A | &nbsp;&nbsp; 48480 | &nbsp;&nbsp; 2450664 |
| W&T Offshore, Inc. | &nbsp;&nbsp; 631540 | &nbsp;&nbsp; 1149403 |
| Total |  | &nbsp;&nbsp; 19819133 |
| **Total Energy** | **Total Energy** | &nbsp;&nbsp; **28846314** |
| **Financials 19.4%** | **Financials 19.4%** | **Financials 19.4%** |
| **Banks 8.5%** | **Banks 8.5%** | **Banks 8.5%** |
| Banc of California, Inc. | &nbsp;&nbsp; 193660 | &nbsp;&nbsp; 3205073 |
| Bank of Marin Bancorp | &nbsp;&nbsp; 55506 | &nbsp;&nbsp; 1347686 |
| BankUnited, Inc. | &nbsp;&nbsp; 90152 | &nbsp;&nbsp; 3440200 |
| Central Pacific Financial Corp. | &nbsp;&nbsp; 47899 | &nbsp;&nbsp; 1453256 |
| CNB Financial Corp. | &nbsp;&nbsp; 44264 | &nbsp;&nbsp; 1071189 |
| Columbia Banking System, Inc. | &nbsp;&nbsp; 118442 | &nbsp;&nbsp; 3048697 |
| Community West Bancshares | &nbsp;&nbsp; 48359 | &nbsp;&nbsp; 1007802 |
| First Community Corp. | &nbsp;&nbsp; 36243 | &nbsp;&nbsp; 1022777 |
| First Financial Corp. | &nbsp;&nbsp; 19404 | &nbsp;&nbsp; 1095162 |
| Heritage Financial Corp. | &nbsp;&nbsp; 38109 | &nbsp;&nbsp; 921857 |
| Hilltop Holdings, Inc. | &nbsp;&nbsp; 88550 | &nbsp;&nbsp; 2959341 |
| Mechanics Bancorp<sup>(a)</sup> <br>| &nbsp;&nbsp; 111727 | &nbsp;&nbsp; 1487086 |
| MVB Financial Corp. | &nbsp;&nbsp; 30269 | &nbsp;&nbsp; 758541 |
| Northrim BanCorp, Inc. | &nbsp;&nbsp; 41420 | &nbsp;&nbsp; 897157 |
| Provident Financial Holdings, Inc. | &nbsp;&nbsp; 47293 | &nbsp;&nbsp; 744865 |
| Riverview Bancorp, Inc. | &nbsp;&nbsp; 153225 | &nbsp;&nbsp; 822818 |
| Sierra Bancorp | &nbsp;&nbsp; 32050 | &nbsp;&nbsp; 926565 |
| Southern First Bancshares, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 43864 | &nbsp;&nbsp; 1935280 |
| Towne Bank | &nbsp;&nbsp; 74317 | &nbsp;&nbsp; 2569139 |
| WaFd, Inc. | &nbsp;&nbsp; 101473 | &nbsp;&nbsp; 3073617 |
| Western New England Bancorp, Inc. | &nbsp;&nbsp; 117251 | &nbsp;&nbsp; 1408184 |
| Total |  | &nbsp;&nbsp; 35196292 |
| **Capital Markets 0.8%** | **Capital Markets 0.8%** | **Capital Markets 0.8%** |
| StoneX Group, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 31589 | &nbsp;&nbsp; 3187962 |
| **Consumer Finance 0.3%** | **Consumer Finance 0.3%** | **Consumer Finance 0.3%** |
| PROG Holdings, Inc. | &nbsp;&nbsp; 47208 | &nbsp;&nbsp; 1527651 |
| **Financial Services 5.7%** | **Financial Services 5.7%** | **Financial Services 5.7%** |
| Alerus Financial Corp. | &nbsp;&nbsp; 60895 | &nbsp;&nbsp; 1348215 |
| &nbsp;&nbsp; Banco Latinoamericano de Comercio Exterior SA, <br> Class E<br>| &nbsp;&nbsp; 47781 | &nbsp;&nbsp; 2196493 |
| Essent Group Ltd. | &nbsp;&nbsp; 83273 | &nbsp;&nbsp; 5292832 |
| EVERTEC, Inc. | &nbsp;&nbsp; 69676 | &nbsp;&nbsp; 2353655 |
| Flywire Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 170460 | &nbsp;&nbsp; 2308029 |

---

Columbia Variable Portfolio – Small Cap Value Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Small Cap Value Fund, September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| Pagseguro Digital Ltd., Class A | &nbsp;&nbsp; 185440 | &nbsp;&nbsp; 1854400 |
| Payoneer Global, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 322507 | &nbsp;&nbsp; 1951167 |
| PennyMac Financial Services, Inc. | &nbsp;&nbsp; 34970 | &nbsp;&nbsp; 4332084 |
| Security National Financial Corp., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 91758 | &nbsp;&nbsp; 795542 |
| Western Union Co. (The) | &nbsp;&nbsp; 125670 | &nbsp;&nbsp; 1004103 |
| Total |  | &nbsp;&nbsp; 23436520 |
| **Insurance 2.2%** | **Insurance 2.2%** | **Insurance 2.2%** |
| F&G Annuities & Life, Inc. | &nbsp;&nbsp; 98789 | &nbsp;&nbsp; 3089132 |
| Global Indemnity Group LLC | &nbsp;&nbsp; 56164 | &nbsp;&nbsp; 1631559 |
| Greenlight Capital Re Ltd., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 102373 | &nbsp;&nbsp; 1300137 |
| Horace Mann Educators Corp. | &nbsp;&nbsp; 54614 | &nbsp;&nbsp; 2466914 |
| Neptune Insurance Holdings, Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 28019 | &nbsp;&nbsp; 560380 |
| Total |  | &nbsp;&nbsp; 9048122 |
| **Mortgage Real Estate Investment Trusts (REITS) 1.9%** | **Mortgage Real Estate Investment Trusts (REITS) 1.9%** | **Mortgage Real Estate Investment Trusts (REITS) 1.9%** |
| ARMOUR Residential REIT, Inc. | &nbsp;&nbsp; 170380 | &nbsp;&nbsp; 2545477 |
| Dynex Capital, Inc. | &nbsp;&nbsp; 177670 | &nbsp;&nbsp; 2183564 |
| Orchid Island Capital, Inc. | &nbsp;&nbsp; 176170 | &nbsp;&nbsp; 1234952 |
| Two Harbors Investment Corp. | &nbsp;&nbsp; 187790 | &nbsp;&nbsp; 1853487 |
| Total |  | &nbsp;&nbsp; 7817480 |
| **Total Financials** | **Total Financials** | &nbsp;&nbsp; **80214027** |
| **Health Care 10.2%** | **Health Care 10.2%** | **Health Care 10.2%** |
| **Biotechnology 1.4%** | **Biotechnology 1.4%** | **Biotechnology 1.4%** |
| Annexon, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 310621 | &nbsp;&nbsp; 947394 |
| Apellis Pharmaceuticals, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 92558 | &nbsp;&nbsp; 2094588 |
| Atossa Therapeutics, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 474260 | &nbsp;&nbsp; 411183 |
| Compass Pathways PLC, ADR<sup>(a)</sup> <br>| &nbsp;&nbsp; 89750 | &nbsp;&nbsp; 514267 |
| Olema Pharmaceuticals, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 175034 | &nbsp;&nbsp; 1713583 |
| Total |  | &nbsp;&nbsp; 5681015 |
| **Health Care Equipment & Supplies 2.2%** | **Health Care Equipment & Supplies 2.2%** | **Health Care Equipment & Supplies 2.2%** |
| Avanos Medical, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 78010 | &nbsp;&nbsp; 901796 |
| Embecta Corp. | &nbsp;&nbsp; 94613 | &nbsp;&nbsp; 1334989 |
| Inogen, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 128723 | &nbsp;&nbsp; 1051667 |
| Neogen Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 367250 | &nbsp;&nbsp; 2096997 |
| Teleflex, Inc. | &nbsp;&nbsp; 30200 | &nbsp;&nbsp; 3695272 |
| Total |  | &nbsp;&nbsp; 9080721 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Health Care Providers & Services 3.1%** | **Health Care Providers & Services 3.1%** | **Health Care Providers & Services 3.1%** |
| Acadia Healthcare Co., Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 87780 | &nbsp;&nbsp; 2173433 |
| Ardent Health, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 170256 | &nbsp;&nbsp; 2255892 |
| Astrana Health, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 50790 | &nbsp;&nbsp; 1439896 |
| Castle Biosciences, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 38415 | &nbsp;&nbsp; 874710 |
| Enhabit, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 138300 | &nbsp;&nbsp; 1107783 |
| Fulgent Genetics, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 79352 | &nbsp;&nbsp; 1793355 |
| PACS Group, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 218561 | &nbsp;&nbsp; 3000843 |
| Viemed Healthcare, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 3632 | &nbsp;&nbsp; 24661 |
| Total |  | &nbsp;&nbsp; 12670573 |
| **Health Care Technology 0.7%** | **Health Care Technology 0.7%** | **Health Care Technology 0.7%** |
| Teladoc Health, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 238580 | &nbsp;&nbsp; 1844224 |
| TruBridge, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 46665 | &nbsp;&nbsp; 941233 |
| Total |  | &nbsp;&nbsp; 2785457 |
| **Life Sciences Tools & Services 1.5%** | **Life Sciences Tools & Services 1.5%** | **Life Sciences Tools & Services 1.5%** |
| Azenta, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 65670 | &nbsp;&nbsp; 1886042 |
| Bruker Corp. | &nbsp;&nbsp; 60810 | &nbsp;&nbsp; 1975717 |
| Codexis, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 388480 | &nbsp;&nbsp; 947891 |
| Maravai LifeSciences Holdings, Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 262572 | &nbsp;&nbsp; 753582 |
| Quanterix Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 130115 | &nbsp;&nbsp; 706525 |
| Total |  | &nbsp;&nbsp; 6269757 |
| **Pharmaceuticals 1.3%** | **Pharmaceuticals 1.3%** | **Pharmaceuticals 1.3%** |
| ANI Pharmaceuticals, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 21849 | &nbsp;&nbsp; 2001368 |
| Perrigo Co. PLC | &nbsp;&nbsp; 123210 | &nbsp;&nbsp; 2743887 |
| Phathom Pharmaceuticals, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 71483 | &nbsp;&nbsp; 841355 |
| Total |  | &nbsp;&nbsp; 5586610 |
| **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **42074133** |
| **Industrials 15.7%** | **Industrials 15.7%** | **Industrials 15.7%** |
| **Aerospace & Defense 1.7%** | **Aerospace & Defense 1.7%** | **Aerospace & Defense 1.7%** |
| Astronics Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 65480 | &nbsp;&nbsp; 2986543 |
| Moog, Inc., Class A | &nbsp;&nbsp; 18668 | &nbsp;&nbsp; 3876783 |
| Total |  | &nbsp;&nbsp; 6863326 |
| **Air Freight & Logistics 0.3%** | **Air Freight & Logistics 0.3%** | **Air Freight & Logistics 0.3%** |
| Radiant Logistics, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 213306 | &nbsp;&nbsp; 1258505 |
| **Building Products 1.0%** | **Building Products 1.0%** | **Building Products 1.0%** |
| UFP Industries, Inc. | &nbsp;&nbsp; 44156 | &nbsp;&nbsp; 4128144 |

---

Columbia Variable Portfolio – Small Cap Value Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Small Cap Value Fund, September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Commercial Services & Supplies 1.2%** | **Commercial Services & Supplies 1.2%** | **Commercial Services & Supplies 1.2%** |
| ACCO Brands Corp. | &nbsp;&nbsp; 154703 | &nbsp;&nbsp; 617265 |
| Healthcare Services Group, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 116650 | &nbsp;&nbsp; 1963220 |
| HNI Corp. | &nbsp;&nbsp; 50873 | &nbsp;&nbsp; 2383400 |
| Total |  | &nbsp;&nbsp; 4963885 |
| **Electrical Equipment 1.6%** | **Electrical Equipment 1.6%** | **Electrical Equipment 1.6%** |
| GrafTech International Ltd.<sup>(a)</sup> <br>| &nbsp;&nbsp; 62439 | &nbsp;&nbsp; 800468 |
| NEXTracker, Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 35190 | &nbsp;&nbsp; 2603708 |
| Shoals Technologies Group, Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 251870 | &nbsp;&nbsp; 1866357 |
| Thermon<sup>(a)</sup> <br>| &nbsp;&nbsp; 56162 | &nbsp;&nbsp; 1500648 |
| Total |  | &nbsp;&nbsp; 6771181 |
| **Ground Transportation 2.0%** | **Ground Transportation 2.0%** | **Ground Transportation 2.0%** |
| ArcBest Corp. | &nbsp;&nbsp; 37360 | &nbsp;&nbsp; 2610343 |
| Heartland Express, Inc. | &nbsp;&nbsp; 94277 | &nbsp;&nbsp; 790041 |
| Knight-Swift Transportation Holdings, Inc. | &nbsp;&nbsp; 44630 | &nbsp;&nbsp; 1763332 |
| Marten Transport Ltd. | &nbsp;&nbsp; 113070 | &nbsp;&nbsp; 1205326 |
| Werner Enterprises, Inc. | &nbsp;&nbsp; 79460 | &nbsp;&nbsp; 2091387 |
| Total |  | &nbsp;&nbsp; 8460429 |
| **Machinery 4.4%** | **Machinery 4.4%** | **Machinery 4.4%** |
| Energy Recovery, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 62707 | &nbsp;&nbsp; 966942 |
| Gates Industrial Corp. PLC<sup>(a)</sup> <br>| &nbsp;&nbsp; 155770 | &nbsp;&nbsp; 3866211 |
| Greenbrier Companies, Inc. (The) | &nbsp;&nbsp; 35556 | &nbsp;&nbsp; 1641621 |
| Hurco Companies, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 42904 | &nbsp;&nbsp; 746530 |
| JBT Marel Corp. | &nbsp;&nbsp; 36830 | &nbsp;&nbsp; 5172773 |
| Mayville Engineering Co., Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 55500 | &nbsp;&nbsp; 763680 |
| Nano Dimension Ltd., ADR<sup>(a)</sup> <br>| &nbsp;&nbsp; 772871 | &nbsp;&nbsp; 1213407 |
| Omega Flex, Inc. | &nbsp;&nbsp; 23525 | &nbsp;&nbsp; 733627 |
| Taylor Devices, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 16530 | &nbsp;&nbsp; 810962 |
| Twin Disc, Inc. | &nbsp;&nbsp; 67505 | &nbsp;&nbsp; 941020 |
| Wabash National Corp. | &nbsp;&nbsp; 134150 | &nbsp;&nbsp; 1324061 |
| Total |  | &nbsp;&nbsp; 18180834 |
| **Marine Transportation 1.6%** | **Marine Transportation 1.6%** | **Marine Transportation 1.6%** |
| Costamare Bulkers Holdings Ltd.<sup>(a)</sup> <br>| &nbsp;&nbsp; 59572 | &nbsp;&nbsp; 856050 |
| Costamare, Inc. | &nbsp;&nbsp; 128505 | &nbsp;&nbsp; 1530494 |
| Kirby Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 39238 | &nbsp;&nbsp; 3274411 |
| Safe Bulkers, Inc. | &nbsp;&nbsp; 201965 | &nbsp;&nbsp; 896725 |
| Total |  | &nbsp;&nbsp; 6557680 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Passenger Airlines 0.3%** | **Passenger Airlines 0.3%** | **Passenger Airlines 0.3%** |
| Sun Country Airlines Holdings, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 105638 | &nbsp;&nbsp; 1247585 |
| **Professional Services 1.3%** | **Professional Services 1.3%** | **Professional Services 1.3%** |
| IBEX Ltd.<sup>(a)</sup> <br>| &nbsp;&nbsp; 44646 | &nbsp;&nbsp; 1809056 |
| Korn/Ferry International | &nbsp;&nbsp; 50270 | &nbsp;&nbsp; 3517895 |
| Total |  | &nbsp;&nbsp; 5326951 |
| **Trading Companies & Distributors 0.3%** | **Trading Companies & Distributors 0.3%** | **Trading Companies & Distributors 0.3%** |
| BlueLinx Holdings, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 15629 | &nbsp;&nbsp; 1142167 |
| **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **64900687** |
| **Information Technology 6.8%** | **Information Technology 6.8%** | **Information Technology 6.8%** |
| **Communications Equipment 0.4%** | **Communications Equipment 0.4%** | **Communications Equipment 0.4%** |
| Applied Optoelectronics, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 62952 | &nbsp;&nbsp; 1632345 |
| **Electronic Equipment, Instruments & Components 4.2%** | **Electronic Equipment, Instruments & Components 4.2%** | **Electronic Equipment, Instruments & Components 4.2%** |
| Airgain, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 112508 | &nbsp;&nbsp; 488285 |
| Littelfuse, Inc. | &nbsp;&nbsp; 14110 | &nbsp;&nbsp; 3654631 |
| Luna Innovations, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 439777 | &nbsp;&nbsp; 466164 |
| Methode Electronics, Inc. | &nbsp;&nbsp; 115429 | &nbsp;&nbsp; 871489 |
| Powerfleet, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 180329 | &nbsp;&nbsp; 944924 |
| Rogers Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 23850 | &nbsp;&nbsp; 1918971 |
| Vishay Intertechnology, Inc. | &nbsp;&nbsp; 184580 | &nbsp;&nbsp; 2824074 |
| Vishay Precision Group, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 52526 | &nbsp;&nbsp; 1683458 |
| Vontier Corp. | &nbsp;&nbsp; 102750 | &nbsp;&nbsp; 4312417 |
| Total |  | &nbsp;&nbsp; 17164413 |
| **IT Services 0.8%** | **IT Services 0.8%** | **IT Services 0.8%** |
| ASGN, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 55365 | &nbsp;&nbsp; 2621533 |
| Grid Dynamics Holdings, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 108930 | &nbsp;&nbsp; 839850 |
| Total |  | &nbsp;&nbsp; 3461383 |
| **Semiconductors & Semiconductor Equipment 0.6%** | **Semiconductors & Semiconductor Equipment 0.6%** | **Semiconductors & Semiconductor Equipment 0.6%** |
| Ichor Holdings Ltd.<sup>(a)</sup> <br>| &nbsp;&nbsp; 44860 | &nbsp;&nbsp; 785947 |
| inTEST Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 83557 | &nbsp;&nbsp; 652580 |
| MagnaChip Semiconductor Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 229594 | &nbsp;&nbsp; 718630 |
| Valens Semiconductor Ltd.<sup>(a)</sup> <br>| &nbsp;&nbsp; 232480 | &nbsp;&nbsp; 416139 |
| Total |  | &nbsp;&nbsp; 2573296 |

---

Columbia Variable Portfolio – Small Cap Value Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Small Cap Value Fund, September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Software 0.8%** | **Software 0.8%** | **Software 0.8%** |
| Cognyte Software Ltd.<sup>(a)</sup> <br>| &nbsp;&nbsp; 120309 | &nbsp;&nbsp; 1010596 |
| Expensify, Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 297671 | &nbsp;&nbsp; 550691 |
| Mitek Systems, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 107828 | &nbsp;&nbsp; 1053480 |
| Upland Software, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 208857 | &nbsp;&nbsp; 494991 |
| Total |  | &nbsp;&nbsp; 3109758 |
| **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **27941195** |
| **Materials 7.8%** | **Materials 7.8%** | **Materials 7.8%** |
| **Chemicals 1.9%** | **Chemicals 1.9%** | **Chemicals 1.9%** |
| Chemours Co. LLC (The) | &nbsp;&nbsp; 125870 | &nbsp;&nbsp; 1993781 |
| Ecovyst, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 208500 | &nbsp;&nbsp; 1826460 |
| Koppers Holdings, Inc. | &nbsp;&nbsp; 34430 | &nbsp;&nbsp; 964040 |
| Minerals Technologies, Inc. | &nbsp;&nbsp; 48560 | &nbsp;&nbsp; 3016547 |
| Total |  | &nbsp;&nbsp; 7800828 |
| **Containers & Packaging 0.9%** | **Containers & Packaging 0.9%** | **Containers & Packaging 0.9%** |
| Greif, Inc., Class A | &nbsp;&nbsp; 40231 | &nbsp;&nbsp; 2404204 |
| Myers Industries, Inc. | &nbsp;&nbsp; 91570 | &nbsp;&nbsp; 1551196 |
| Total |  | &nbsp;&nbsp; 3955400 |
| **Metals & Mining 4.6%** | **Metals & Mining 4.6%** | **Metals & Mining 4.6%** |
| Ampco-Pittsburgh Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 188749 | &nbsp;&nbsp; 432235 |
| Capstone Copper Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 463475 | &nbsp;&nbsp; 3936390 |
| Centerra Gold, Inc. | &nbsp;&nbsp; 268370 | &nbsp;&nbsp; 2875186 |
| Compass Minerals International, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 55980 | &nbsp;&nbsp; 1074816 |
| ERO Copper Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 127031 | &nbsp;&nbsp; 2573115 |
| Ferroglobe PLC | &nbsp;&nbsp; 304199 | &nbsp;&nbsp; 1384106 |
| Metallus, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 94078 | &nbsp;&nbsp; 1555109 |
| Torex Gold Resources, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 82214 | &nbsp;&nbsp; 3416870 |
| Vizsla Silver Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 405251 | &nbsp;&nbsp; 1750060 |
| Total |  | &nbsp;&nbsp; 18997887 |
| **Paper & Forest Products 0.4%** | **Paper & Forest Products 0.4%** | **Paper & Forest Products 0.4%** |
| Clearwater Paper Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 35504 | &nbsp;&nbsp; 737063 |
| Magnera Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 65133 | &nbsp;&nbsp; 763359 |
| Total |  | &nbsp;&nbsp; 1500422 |
| **Total Materials** | **Total Materials** | &nbsp;&nbsp; **32254537** |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Real Estate 11.7%** | **Real Estate 11.7%** | **Real Estate 11.7%** |
| **Diversified REITs 0.8%** | **Diversified REITs 0.8%** | **Diversified REITs 0.8%** |
| American Assets Trust, Inc. | &nbsp;&nbsp; 111687 | &nbsp;&nbsp; 2269480 |
| Armada Hoffler Properties, Inc. | &nbsp;&nbsp; 140760 | &nbsp;&nbsp; 986727 |
| Total |  | &nbsp;&nbsp; 3256207 |
| **Health Care REITs 0.5%** | **Health Care REITs 0.5%** | **Health Care REITs 0.5%** |
| Community Healthcare Trust, Inc. | &nbsp;&nbsp; 61200 | &nbsp;&nbsp; 936360 |
| Universal Health Realty Income Trust | &nbsp;&nbsp; 23800 | &nbsp;&nbsp; 932246 |
| Total |  | &nbsp;&nbsp; 1868606 |
| **Hotel & Resort REITs 1.2%** | **Hotel & Resort REITs 1.2%** | **Hotel & Resort REITs 1.2%** |
| Chatham Lodging Trust | &nbsp;&nbsp; 125300 | &nbsp;&nbsp; 840763 |
| Park Hotels & Resorts, Inc. | &nbsp;&nbsp; 194330 | &nbsp;&nbsp; 2153176 |
| RLJ Lodging Trust | &nbsp;&nbsp; 280340 | &nbsp;&nbsp; 2018448 |
| Total |  | &nbsp;&nbsp; 5012387 |
| **Industrial REITs 0.9%** | **Industrial REITs 0.9%** | **Industrial REITs 0.9%** |
| Americold Realty Trust, Inc. | &nbsp;&nbsp; 300575 | &nbsp;&nbsp; 3679038 |
| **Office REITs 3.5%** | **Office REITs 3.5%** | **Office REITs 3.5%** |
| Brandywine Realty Trust | &nbsp;&nbsp; 340260 | &nbsp;&nbsp; 1418884 |
| COPT Defense Properties | &nbsp;&nbsp; 118310 | &nbsp;&nbsp; 3438089 |
| Empire State Realty Trust, Inc., Class A | &nbsp;&nbsp; 290580 | &nbsp;&nbsp; 2225843 |
| Highwoods Properties, Inc. | &nbsp;&nbsp; 100450 | &nbsp;&nbsp; 3196319 |
| Kilroy Realty Corp. | &nbsp;&nbsp; 54890 | &nbsp;&nbsp; 2319102 |
| Piedmont Realty Trust, Inc. | &nbsp;&nbsp; 211222 | &nbsp;&nbsp; 1900998 |
| Total |  | &nbsp;&nbsp; 14499235 |
| **Real Estate Management & Development 2.5%** | **Real Estate Management & Development 2.5%** | **Real Estate Management & Development 2.5%** |
| Cushman & Wakefield PLC<sup>(a)</sup> <br>| &nbsp;&nbsp; 262210 | &nbsp;&nbsp; 4174383 |
| Douglas Elliman, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 299958 | &nbsp;&nbsp; 857880 |
| Forestar Group, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 73470 | &nbsp;&nbsp; 1953567 |
| Newmark Group, Inc., Class A | &nbsp;&nbsp; 188352 | &nbsp;&nbsp; 3512765 |
| Total |  | &nbsp;&nbsp; 10498595 |
| **Retail REITs 1.4%** | **Retail REITs 1.4%** | **Retail REITs 1.4%** |
| Macerich Co. (The) | &nbsp;&nbsp; 270250 | &nbsp;&nbsp; 4918550 |
| Saul Centers, Inc. | &nbsp;&nbsp; 28796 | &nbsp;&nbsp; 917729 |
| Total |  | &nbsp;&nbsp; 5836279 |
| **Specialized REITs 0.9%** | **Specialized REITs 0.9%** | **Specialized REITs 0.9%** |
| PotlatchDeltic Corp. | &nbsp;&nbsp; 89522 | &nbsp;&nbsp; 3648022 |
| **Total Real Estate** | **Total Real Estate** | &nbsp;&nbsp; **48298369** |

---

Columbia Variable Portfolio – Small Cap Value Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Small Cap Value Fund, September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Utilities 1.4%** | **Utilities 1.4%** | **Utilities 1.4%** |
| **Gas Utilities 1.4%** | **Gas Utilities 1.4%** | **Gas Utilities 1.4%** |
| National Fuel Gas Co. | &nbsp;&nbsp; 22895 | &nbsp;&nbsp; 2114811 |
| RGC Resources, Inc. | &nbsp;&nbsp; 65047 | &nbsp;&nbsp; 1459655 |
| UGI Corp. | &nbsp;&nbsp; 60250 | &nbsp;&nbsp; 2003915 |
| Total |  | &nbsp;&nbsp; 5578381 |
| **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **5578381** |
| &nbsp;&nbsp; Total Common Stocks <br>(Cost $401,393,723) | &nbsp;&nbsp; Total Common Stocks <br>(Cost $401,393,723) | &nbsp;&nbsp; **412379075** |

---

---

| | | |
|:---|:---|:---|
| **Money Market Funds 0.0%** | **Money Market Funds 0.0%** | **Money Market Funds 0.0%** |
|  | **Shares** | **Value ($)** |
| Columbia Short-Term Cash Fund, 4.265%<sup>(b),(c)</sup> <br>| &nbsp;&nbsp; 16722 | &nbsp;&nbsp; 16717 |
| &nbsp;&nbsp; Total Money Market Funds <br>(Cost $16,718) | &nbsp;&nbsp; Total Money Market Funds <br>(Cost $16,718) | &nbsp;&nbsp; **16717** |
| **Total Investments in Securities** <br>**(Cost: $401,410,441)** | **Total Investments in Securities** <br>**(Cost: $401,410,441)** | &nbsp;&nbsp; **412395792** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **380237** |
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **412776029** |

---

**Notes to Portfolio of Investments** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing investment.

&nbsp;&nbsp;&nbsp;&nbsp;(b) The rate shown is the seven-day current annualized yield at September 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Under the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company's outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the
 holdings and transactions in these affiliated companies during the period ended September 30, 2025 are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated issuers** | **Beginning** <br>**of period($)**<br>| **Purchases($)** | **Sales($)** | **Net change in** <br>**unrealized** <br>**appreciation** <br>**(depreciation)($)**<br>| **End of** <br>**period($)**<br>| **Realized gain** <br>**(loss)($)**<br>| **Dividends($)** | **End of** <br>**period shares**<br>|
| Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% |
|  | 40039 | &nbsp;&nbsp; 84625520 | &nbsp;&nbsp; (84648841)<br>| &nbsp;&nbsp; (1)<br>| &nbsp;&nbsp; 16717 | &nbsp;&nbsp; (41)<br>| &nbsp;&nbsp; 55109 | &nbsp;&nbsp; 16722 |

---

**Abbreviation Legend** 

ADR American Depositary Receipt

Investments are valued using policies described in the Notes to Financial Statements included within the most recent financial statements and additional information.

Columbia Variable Portfolio – Small Cap Value Fund \| 2025

------

You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

3QT7024_12_D01_(11/25)

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Columbia Funds Variable Insurance Trust

- **b. Investment Company Act file number:** 811-05199

- **c. CIK number of Registrant:** 0000815425

- **d. LEI of Registrant:** 549300293M2AM3RU8K52

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

  - **Street Address 1:** 290 Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 800-345-6611

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

- **a. Name of Series:** Columbia Variable Portfolio - Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000012561

- **c. LEI of Series:** QFDZC6A36M07XEWD4L46

**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:** $413938010.97

**Total Liabilities:** $610398.34

**Net Assets:** $413327612.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000034145 | 1.69%                | 8.39%                | 2.02%                |
| Class ID C000034146 | 1.62%                | 8.43%                | 1.88%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9059706.65              | $-2186792.80                               |
| Month 2  | $7975819.49              | $27176608.87                               |
| Month 3  | $18522765.10             | $-10817078.71                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                     | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MALIBU BOATS INC                         | Malibu Boats Inc                              | CUSIP: 56117J100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50045 | NS      | $1623960.25   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| MARAVAI LIFESCIENCES HOLDINGS INC        | Maravai LifeSciences Holdings Inc             | CUSIP: 56600D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    263772 | NS      | $757025.64    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MARTEN TRANSPORT LTD                     | Marten Transport Ltd                          | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    113070 | NS      | $1205326.20   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MAYVILLE ENGINEERING CO INC              | Mayville Engineering Co Inc                   | CUSIP: 578605107<br>LEI: 9845008D43E42A7FC362 | Long             | EC               | CORP              | US        |     55800 | NS      | $767808.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| METHODE ELECTRONICS INC.                 | Methode Electronics Inc                       | CUSIP: 591520200<br>LEI: 529900VM413LGLUS3F07 | Long             | EC               | CORP              | US        |    115929 | NS      | $875263.95    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MINERALS TECH INC.                       | Minerals Technologies Inc                     | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |     48760 | NS      | $3028971.20   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitek Syst Inc.                          | Mitek Systems Inc                             | CUSIP: 606710200<br>LEI: 549300ABZAQ3R25XG118 | Long             | EC               | CORP              | US        |    108228 | NS      | $1057387.56   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYONEER GLOBAL INC                      | Payoneer Global Inc                           | CUSIP: 70451X104<br>LEI: 984500491C64C70FF033 | Long             | EC               | CORP              | US        |    323907 | NS      | $1959637.35   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC          | PennyMac Financial Services Inc               | CUSIP: 70932M107<br>LEI: 549300W1D516HBDEU871 | Long             | EC               | CORP              | US        |     35170 | NS      | $4356859.60   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PHATHOM PHARMACEUTICALS INC              | Phathom Pharmaceuticals Inc                   | CUSIP: 71722W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71883 | NS      | $846062.91    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Piedmont Realty                          | Piedmont Realty Trust Inc                     | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    212122 | NS      | $1909098.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| PLAYSTUDIOS INC                          | Playstudios Inc                               | CUSIP: 72815G108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    516517 | NS      | $497199.26    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| POLARIS INC                              | Polaris Inc                                   | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |     55173 | NS      | $3207206.49   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| POTLATCHDELTIC CORP                      | PotlatchDeltic Corp                           | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |     89922 | NS      | $3664321.50   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| POWERFLEET INC                           | Powerfleet Inc NJ                             | CUSIP: 73931J109<br>LEI: 2549007NKEFPYEH4MF81 | Long             | EC               | CORP              | US        |    181029 | NS      | $948591.96    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG HOLDINGS INC                        | PROG Holdings Inc                             | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |     47408 | NS      | $1534122.88   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| PROPETRO HOLDING CORP                    | ProPetro Holding Corp                         | CUSIP: 74347M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    182752 | NS      | $957620.48    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PROVIDENT FINANCIAL HOLDINGS INC         | Provident Financial Holdings Inc              | CUSIP: 743868101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47393 | NS      | $746439.75    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANTERIX CORP                           | Quanterix Corp                                | CUSIP: 74766Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    130615 | NS      | $709239.45    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| RGC RSRCE                                | RGC Resources Inc                             | CUSIP: 74955L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65078 | NS      | $1460350.32   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ LODGING TRUST                        | RLJ Lodging Trust                             | CUSIP: 74965L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    281640 | NS      | $2027808.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIANT LOGISTICS INC                    | Radiant Logistics Inc                         | CUSIP: 75025X100<br>LEI: 549300HWCW2HBOG4GN20 | Long             | EC               | CORP              | US        |    213306 | NS      | $1258505.40   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| RING ENERGY INC                          | Ring Energy Inc                               | CUSIP: 76680V108<br>LEI: 549300HMY6TJ265I8S64 | Long             | EC               | CORP              | US        |    808162 | NS      | $880896.58    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| RIVERVIEW BANCP                          | Riverview Bancorp Inc                         | CUSIP: 769397100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    153599 | NS      | $824826.63    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ROGERS CORP                              | Rogers Corp                                   | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |     23950 | NS      | $1927017.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHN B SANFILIPPO & SON INC              | John B Sanfilippo & Son Inc                   | CUSIP: 800422107<br>LEI: 5299007IBEYVXKYDUX28 | Long             | EC               | CORP              | US        |     19290 | NS      | $1239961.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SAUL CENTERS INC                         | Saul Centers Inc                              | CUSIP: 804395101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28796 | NS      | $917728.52    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SAVERS VALUE VILLAGE INC                 | Savers Value Village Inc                      | CUSIP: 80517M109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    265740 | NS      | $3521055.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Security Natl                            | Security National Financial Corp              | CUSIP: 814785309<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91758 | NS      | $795541.86    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOALS TECHNOLOGIES GROUP INC            | Shoals Technologies Group Inc                 | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    252970 | NS      | $1874507.70   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SIERRA BANCORP                           | Sierra Bancorp                                | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32050 | NS      | $926565.50    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMPLY GOOD FOODS CO                     | Simply Good Foods Co/The                      | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90420 | NS      | $2244224.40   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenville First                         | Southern First Bancshares Inc                 | CUSIP: 842873101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43864 | NS      | $1935279.68   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| STITCH FIX INC                           | Stitch Fix Inc                                | CUSIP: 860897107<br>LEI: 549300TNHOVBOJZIYE72 | Long             | EC               | CORP              | US        |    159347 | NS      | $693159.45    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| VONTIER CORP                             | Vontier Corp                                  | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |    103250 | NS      | $4333402.50   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| W&T OFFSHORE                             | W&T Offshore Inc                              | CUSIP: 92922P106<br>LEI: 549300Q7EOY2YIO3YK85 | Long             | EC               | CORP              | US        |    634340 | NS      | $1154498.80   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| WABASH NATIONAL CORPORATION              | Wabash National Corp                          | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               | CORP              | US        |    134750 | NS      | $1329982.50   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| WAFD INC                                 | WaFd Inc                                      | CUSIP: 938824109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    101873 | NS      | $3085733.17   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| WEBTOON ENTERTAINMENT INC                | Webtoon Entertainment Inc                     | CUSIP: 94845U105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    152786 | NS      | $2965576.26   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| WERNER ENTERPRISES INC                   | Werner Enterprises Inc                        | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |     79760 | NS      | $2099283.20   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN NEW ENGLAND BANCORP INC          | Western New England Bancorp Inc               | CUSIP: 958892101<br>LEI: 549300Y8QE4EI2LP6B42 | Long             | EC               | CORP              | US        |    117551 | NS      | $1411787.51   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN UNION CO/THE                     | Western Union Co/The                          | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |    126570 | NS      | $1011294.30   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| WINNEBAGO IND INC                        | Winnebago Industries Inc                      | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |     45940 | NS      | $1536233.60   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI HOLDINGS INC                        | YETI Holdings Inc                             | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     42694 | NS      | $1416586.92   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ZUMIEZ INC                               | Zumiez Inc                                    | CUSIP: 989817101<br>LEI: 549300J0PDF58P6HZD25 | Long             | EC               | CORP              | US        |     70760 | NS      | $1387603.60   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TOREX GOLD RESOURCES INC                 | Torex Gold Resources Inc                      | CUSIP: 000000000<br>LEI: 549300QL07027186GQ85 | Long             | EC               | CORP              | CA        |     82214 | NS      | $3416869.84   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| ERO COPPER CORP                          | ERO Copper Corp                               | CUSIP: 000000000<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |    127031 | NS      | $2573114.82   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPSTONE COPPER CORP                     | Capstone Copper Corp                          | CUSIP: 000000000<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    463475 | NS      | $3936390.39   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Costamare Bulkers Holdings Ltd           | Costamare Bulkers Holdings Ltd                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MH        |     59572 | NS      | $856049.64    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| VIZSLA SILVER CORP                       | Vizsla Silver Corp                            | CUSIP: 000000000<br>LEI: 549300ADJF7HWIEDL366 | Long             | EC               | CORP              | CA        |    405251 | NS      | $1750060.01   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CUSHMAN & WAKEFIELD PLC                  | Cushman & Wakefield PLC                       | CUSIP: G2717B108<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    263310 | NS      | $4191895.20   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLE PLC                                 | Dole PLC                                      | CUSIP: G27907107<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |    157590 | NS      | $2118009.60   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSENT GROUP LTD                         | Essent Group Ltd                              | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |     83673 | NS      | $5318255.88   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| IBEX LTD                                 | IBEX Holdings Ltd                             | CUSIP: G4690M101<br>LEI: 5493000GRFLPVYU2CX17 | Long             | EC               | CORP              | BM        |     44958 | NS      | $1821698.16   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ICHOR HOLDINGS LTD                       | Ichor Holdings Ltd                            | CUSIP: G4740B105<br>LEI: 529900PS8R2JVLJ2H892 | Long             | EC               | CORP              | KY        |     45060 | NS      | $789451.20    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PAGSEGURO DIGITAL LTD                    | Pagseguro Digital Ltd                         | CUSIP: G68707101<br>LEI: 391200VY4YW47I4HGH62 | Long             | EC               | CORP              | KY        |    186240 | NS      | $1862400.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| TEEKAY TANKERS LTD                       | Teekay Tankers Ltd                            | CUSIP: G8726X106<br>LEI: 549300DE8ZAIYS2T6Q22 | Long             | EC               | CORP              | BM        |     48680 | NS      | $2460774.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| PERRIGO COMPANY PLC                      | Perrigo Co PLC                                | CUSIP: G97822103<br>LEI: 549300IFOQS6R1QLY196 | Long             | EC               | CORP              | IE        |    123210 | NS      | $2743886.70   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| COGNYTE SOFTWARE LTD                     | Cognyte Software Ltd                          | CUSIP: M25133105<br>LEI: 2549006L803IRJC67B33 | Long             | EC               | CORP              | IL        |    120809 | NS      | $1014795.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| VALENS SEMICONDUCTOR LTD                 | Valens Semiconductor Ltd                      | CUSIP: M9607U115<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |    232480 | NS      | $416139.20    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| FOREIGN TRADE BANK OF LATIN AMERICA INC  | Banco Latinoamericano de Comercio Exterior SA | CUSIP: P16994132<br>LEI: 549300CN3134K4LC0651 | Long             | EC               | NUSS              | PA        |     48081 | NS      | $2210283.57   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ARDMORE SHIPPING CORP                    | Ardmore Shipping Corp                         | CUSIP: Y0207T100<br>LEI: 549300J8HD7K6BHD8O28 | Long             | EC               | CORP              | MH        |     89950 | NS      | $1067706.50   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTAMARE INC                            | Costamare Inc                                 | CUSIP: Y1771G102<br>LEI: 5299003L6NPTZ25LN818 | Long             | EC               | CORP              | MH        |    129105 | NS      | $1537640.55   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SAFE BULKERS INC                         | Safe Bulkers Inc                              | CUSIP: Y7388L103<br>LEI: 549300V6ZM2HJJYQQO85 | Long             | EC               | CORP              | MH        |    202865 | NS      | $900720.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SCORPIO TANKERS INC                      | Scorpio Tankers Inc                           | CUSIP: Y7542C130<br>LEI: 549300NVJUH16NXG8K87 | Long             | EC               | CORP              | MH        |     62980 | NS      | $3530029.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCO BRANDS CORP                         | ACCO Brands Corp                              | CUSIP: 00081T108<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | EC               | CORP              | US        |    155403 | NS      | $620057.97    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MOOG INC                                 | Moog Inc                                      | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |     18768 | NS      | $3897550.56   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| MOVADO GRP INC.                          | Movado Group Inc                              | CUSIP: 624580106<br>LEI: 549300WCGCGPWGHVXM59 | Long             | EC               | CORP              | US        |     86979 | NS      | $1649991.63   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| MYERS IND INC.                           | Myers Industries Inc                          | CUSIP: 628464109<br>LEI: 549300I2H9XMVTCW4Q51 | Long             | EC               | CORP              | US        |     91570 | NS      | $1551195.80   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NANO DIMENSION LTD                       | Nano Dimension Ltd                            | CUSIP: 63008G203<br>LEI: 529900VO8AZA0A4ZUM77 | Long             | EC               | CORP              | IL        |    775671 | NS      | $1217803.47   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL FUEL GAS CO                     | National Fuel Gas Co                          | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |     22995 | NS      | $2124048.15   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL VISION HOLDINGS INC             | National Vision Holdings Inc                  | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |    112703 | NS      | $3289800.57   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| NATURAL GAS SERV                         | Natural Gas Services Group Inc                | CUSIP: 63886Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     81960 | NS      | $2294060.40   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| NEOGEN CORP                              | Neogen Corp                                   | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |    367250 | NS      | $2096997.50   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLAS ENERGY SOLUTIONS INC               | Atlas Energy Solutions Inc                    | CUSIP: 642045108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    164800 | NS      | $1873776.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMARK GROUP INC                        | Newmark Group Inc                             | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    189252 | NS      | $3529549.80   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTRACKER LLC                           | NEXTracker Inc                                | CUSIP: 65290E101<br>LEI: 2138001D4HUZ48PR8M23 | Long             | EC               | CORP              | US        |     35390 | NS      | $2618506.10   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHRIM BANCORP INC.                    | Northrim BanCorp Inc                          | CUSIP: 666762109<br>LEI: 5493006X7RLLTZ3SG075 | Long             | EC               | CORP              | US        |     41520 | NS      | $899323.20    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| OLEMA PHARMACEUTICALS INC                | Olema Pharmaceuticals Inc                     | CUSIP: 68062P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    175634 | NS      | $1719456.86   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| OMEGA FLEX                               | Omega Flex Inc                                | CUSIP: 682095104<br>LEI: 254900V3UM4PIXLDNU54 | Long             | EC               | CORP              | US        |     23525 | NS      | $733627.13    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ORCHID ISLAND CAPITAL INC                | Orchid Island Capital Inc                     | CUSIP: 68571X301<br>LEI: 549300KBIHGT19K9DY89 | Long             | EC               | CORP              | US        |    176970 | NS      | $1240559.70   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF ENERGY INC                           | PBF Energy Inc                                | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |    134800 | NS      | $4066916.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| PACS GROUP INC                           | PACS Group Inc                                | CUSIP: 69380Q107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    219461 | NS      | $3013199.53   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| PARK HOTELS & RESORTS INC                | Park Hotels & Resorts Inc                     | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |    195230 | NS      | $2163148.40   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| PASON SYST INC.                          | Pason Systems Inc                             | CUSIP: 000000000<br>LEI: 984500DC6T2FLR969F65 | Long             | EC               | CORP              | CA        |    146819 | NS      | $1274393.56   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPCO-PITTSBURGH CORP                    | Ampco-Pittsburgh Corp                         | CUSIP: 032037103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    188949 | NS      | $432693.21    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ANDERSONS INC                            | Andersons Inc/The                             | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |     55667 | NS      | $2216103.27   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNEXON INC                              | Annexon Inc                                   | CUSIP: 03589W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    311921 | NS      | $951359.05    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| APELLIS PHARMACEUTICALS INC              | Apellis Pharmaceuticals Inc                   | CUSIP: 03753U106<br>LEI: 254900HS0ZFRXXSB9D42 | Long             | EC               | CORP              | US        |     92958 | NS      | $2103639.54   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRANA HEALTH INC                       | Astrana Health Inc                            | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |     50990 | NS      | $1445566.50   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED OPTOELECTRONICS INC              | Applied Optoelectronics Inc                   | CUSIP: 03823U102<br>LEI: 529900I8U6Q5SYDNLT48 | Long             | EC               | CORP              | US        |     63252 | NS      | $1640124.36   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CABLE ONE INC                            | Cable One Inc                                 | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |      7684 | NS      | $1360452.20   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CARTERS INC                              | Carter's Inc                                  | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |     52020 | NS      | $1468004.40   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CASTLE BIOSCIENCES INC                   | Castle Biosciences Inc                        | CUSIP: 14843C105<br>LEI: 2549007M2Q4HLR1XD252 | Long             | EC               | CORP              | US        |     38515 | NS      | $876986.55    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CAVCO INDUSTRIES INC                     | Cavco Industries Inc                          | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3418 | NS      | $1984935.14   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND            | COLUMBIA SHORT TERM CASH FUND                 | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     16722 | NS      | $16716.94     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMUNITY HEALTHCARE TRUST INC           | Community Healthcare Trust Inc                | CUSIP: 20369C106<br>LEI: 549300FATSRCMKOV9536 | Long             | EC               | CORP              | US        |     61400 | NS      | $939420.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMUNITY WEST BANCSHARES                | Community West Bancshares                     | CUSIP: 203937107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48359 | NS      | $1007801.56   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS MINERALS INTERNATIONAL I         | Compass Minerals International Inc            | CUSIP: 20451N101<br>LEI: 2549008X9G8XP7YJGC47 | Long             | EC               | CORP              | US        |     56280 | NS      | $1080576.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS PATHWAYS PLC                     | Compass Pathways Plc                          | CUSIP: 20451W101<br>LEI: 213800N7CUZIC6QSTZ31 | Long             | EC               | CORP              | GB        |     90150 | NS      | $516559.50    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TRUBRIDGE INC                            | TruBridge Inc                                 | CUSIP: 205306103<br>LEI: 5493005Q6CJC78TGL805 | Long             | EC               | CORP              | US        |     46865 | NS      | $945267.05    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT DEFENSE PROPERTIES                  | COPT Defense Properties                       | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |    118310 | NS      | $3438088.60   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| COTY INC                                 | Coty Inc                                      | CUSIP: 222070203<br>LEI: 549300BO9IWPF3S48F93 | Long             | EC               | CORP              | US        |    620878 | NS      | $2508347.12   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CRITEO SA                                | Criteo SA                                     | CUSIP: 226718104<br>LEI: 969500EELFB4RDMFHA76 | Long             | EC               | CORP              | FR        |     84410 | NS      | $1907666.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CULP                                     | Culp Inc                                      | CUSIP: 230215105<br>LEI: 549300BIJZDD8EVS1U89 | Long             | EC               | CORP              | US        |    143769 | NS      | $641209.74    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| DMC GLOBAL INC                           | DMC Global Inc                                | CUSIP: 23291C103<br>LEI: 549300CBDXD1Z5MRNG02 | Long             | EC               | CORP              | US        |    107495 | NS      | $908332.75    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| DELEK US HOLDINGS INC                    | Delek US Holdings Inc                         | CUSIP: 24665A103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     85110 | NS      | $2746499.70   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| DESIGNER BRANDS INC                      | Designer Brands Inc                           | CUSIP: 250565108<br>LEI: 549300X8J6FI8PPRK859 | Long             | EC               | CORP              | US        |    209367 | NS      | $741159.18    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| DOUGLAS ELLIMAN INC                      | Douglas Elliman Inc                           | CUSIP: 25961D105<br>LEI: 549300BXICHPOXA1NO93 | Long             | EC               | CORP              | US        |    299958 | NS      | $857879.88    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| DYNEX CAPITAL INC                        | Dynex Capital Inc                             | CUSIP: 26817Q886<br>LEI: 5CIJ4S9HAEBWILA19B65 | Long             | EC               | CORP              | US        |    178470 | NS      | $2193396.30   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ECOVYST INC                              | Ecovyst Inc                                   | CUSIP: 27923Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    209400 | NS      | $1834344.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| EDGEWELL PERSONAL CARE CO                | Edgewell Personal Care Co                     | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |     73840 | NS      | $1503382.40   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| EDUCATIONAL DEVELOPMENT CORP             | Educational Development Corp                  | CUSIP: 281479105<br>LEI: 254900CR48GDX3OIGC82 | Long             | EC               | CORP              | US        |     73074 | NS      | $97188.42     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EMBECTA CORP                             | Embecta Corp                                  | CUSIP: 29082K105<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | EC               | CORP              | US        |     95013 | NS      | $1340633.43   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| EMPIRE STATE REALTY TRUST INC            | Empire State Realty Trust Inc                 | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |    290580 | NS      | $2225842.80   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY RECOVERY INC                      | Energy Recovery Inc                           | CUSIP: 29270J100<br>LEI: 549300ZEQL52Z525WJ22 | Long             | EC               | CORP              | US        |     63007 | NS      | $971567.94    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ENHABIT INC                              | Enhabit Inc                                   | CUSIP: 29332G102<br>LEI: 549300RFQ78SLDFSHF49 | Long             | EC               | CORP              | US        |    138900 | NS      | $1112589.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERTEC INC                              | EVERTEC Inc                                   | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |     69976 | NS      | $2363789.28   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| GREEN PLAINS INC                         | Green Plains Inc                              | CUSIP: 393222104<br>LEI: VJ5WLTHARBSDR14KIZ98 | Long             | EC               | CORP              | US        |    137340 | NS      | $1207218.60   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| GREENBRIER CO INC                        | Greenbrier Cos Inc/The                        | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |     35656 | NS      | $1646237.52   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| GREIF INC                                | Greif Inc                                     | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |     40431 | NS      | $2416156.56   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| GRID DYNAMICS HOLDINGS INC               | Grid Dynamics Holdings Inc                    | CUSIP: 39813G109<br>LEI: 9845007E77EEC65AZE29 | Long             | EC               | CORP              | US        |    108930 | NS      | $839850.30    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI CORP                                 | HNI Corp                                      | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |     51073 | NS      | $2392770.05   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| HAIN CELESTIAL GROUP INC                 | Hain Celestial Group Inc/The                  | CUSIP: 405217100<br>LEI: 5493000S8QXWHLIXDP75 | Long             | EC               | CORP              | US        |    325893 | NS      | $514910.94    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HAMILTON BEACH BRANDS HOLDING CO         | Hamilton Beach Brands Holding Co              | CUSIP: 40701T104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74052 | NS      | $1064127.24   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHCARE SERV GRP INC.                 | Healthcare Services Group Inc                 | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |    117150 | NS      | $1971634.50   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| HEARTLAND EXPRESS INC                    | Heartland Express Inc                         | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |     94677 | NS      | $793393.26    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HERITAGE FINL CORP                       | Heritage Financial Corp/WA                    | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38309 | NS      | $926694.71    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| HIGHWOODS PROP INC.                      | Highwoods Properties Inc                      | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |    100450 | NS      | $3196319.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| HILLTOP HOLDINGS INC                     | Hilltop Holdings Inc                          | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |     88850 | NS      | $2969367.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| MECHANICS BANCORP                        | Mechanics Bancorp                             | CUSIP: 43785V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    125827 | NS      | $1674757.37   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| HONEST COMPANY INC                       | Honest Co Inc/The                             | CUSIP: 438333106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    172021 | NS      | $633037.28    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| HOOKER FURNISHINGS CORP                  | Hooker Furnishings Corp                       | CUSIP: 439038100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55810 | NS      | $566471.50    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| HORACE MANN EDUCATORS CORP               | Horace Mann Educators Corp                    | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |     54814 | NS      | $2475948.38   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| HURCO COMPANIES INC                      | Hurco Cos Inc                                 | CUSIP: 447324104<br>LEI: XSC5XDOTBYOBQPOG2O82 | Long             | EC               | CORP              | US        |     43104 | NS      | $750009.60    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| IBOTTA INC                               | Ibotta Inc                                    | CUSIP: 451051106<br>LEI: 54930026OZD4IQ7YR615 | Long             | EC               | CORP              | US        |     30676 | NS      | $854326.60    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Infinity Natural Resources Inc           | Infinity Natural Resources Inc                | CUSIP: 456941103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16665 | NS      | $218478.15    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| INOGEN INC                               | Inogen Inc                                    | CUSIP: 45780L104<br>LEI: 549300J8WJIVTOJ8IH97 | Long             | EC               | CORP              | US        |    128723 | NS      | $1051666.91   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Intest                                   | inTEST Corp                                   | CUSIP: 461147100<br>LEI: 549300RJJBPHDOAVDU15 | Long             | EC               | CORP              | US        |     83708 | NS      | $653759.48    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| JACK IN THE BOX INC.                     | Jack in the Box Inc                           | CUSIP: 466367109<br>LEI: 5493002OJW26P0SUUP68 | Long             | EC               | CORP              | US        |     38598 | NS      | $763082.46    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| JBT MAREL CORP                           | JBT Marel Corp                                | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |     37030 | NS      | $5200863.50   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| KILROY REALTY CORP                       | Kilroy Realty Corp                            | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |     55090 | NS      | $2327552.50   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| KinderCare Learning Cos Inc              | KinderCare Learning Cos Inc                   | CUSIP: 49456W105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    174743 | NS      | $1160293.52   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| KIRBY CORP                               | Kirby Corp                                    | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |     39238 | NS      | $3274411.10   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC | Knight-Swift Transportation Holdings Inc      | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44830 | NS      | $1771233.30   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| KOPPERS HOLDINGS INC                     | Koppers Holdings Inc                          | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34530 | NS      | $966840.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| KORN FERRY                               | Korn Ferry                                    | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     50470 | NS      | $3531890.60   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| LEGACY HOUSING CORP                      | Legacy Housing Corp                           | CUSIP: 52472M101<br>LEI: V6WE5M18QYITU8L1QF76 | Long             | EC               | CORP              | US        |     67094 | NS      | $1845755.94   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| LIFETIME BRANDS INC                      | Lifetime Brands Inc                           | CUSIP: 53222Q103<br>LEI: 549300GS38DC0OHLYK32 | Long             | EC               | CORP              | US        |    156792 | NS      | $606785.04    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LITTELFUSE INC                           | Littelfuse Inc                                | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |     14210 | NS      | $3680532.10   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Luna Innov                               | Luna Innovations Inc                          | CUSIP: 550351100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    439777 | NS      | $466163.62    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MGP INGREDIENTS INC                      | MGP Ingredients Inc                           | CUSIP: 55303J106<br>LEI: 2549006OMHFVZ4MS8538 | Long             | EC               | CORP              | US        |     55576 | NS      | $1344383.44   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| MVB FINANCIAL CORP                       | MVB Financial Corp                            | CUSIP: 553810102<br>LEI: 549300KSUQ2FUU1X2O74 | Long             | EC               | CORP              | US        |     30369 | NS      | $761047.14    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MACERICH CO (THE)                        | Macerich Co/The                               | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |    270250 | NS      | $4918550.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| STEVEN MADDEN LTD                        | Steven Madden Ltd                             | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     85204 | NS      | $2852629.92   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNACHIP SEMICONDUCTOR CO               | Magnachip Semiconductor Corp                  | CUSIP: 55933J203<br>LEI: 529900P54J1ATLRBUV29 | Long             | EC               | CORP              | US        |    229594 | NS      | $718629.22    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNERA CORP                             | Magnera Corp                                  | CUSIP: 55939A107<br>LEI: 549300LDQLQBT38QDY28 | Long             | EC               | CORP              | US        |     65333 | NS      | $765702.76    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCBEST CORP                             | ArcBest Corp                                  | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     37560 | NS      | $2624317.20   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ARDENT HEALTH INC                        | Ardent Health Inc                             | CUSIP: 03980N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    170956 | NS      | $2265167.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMADA HOFFLER PROPERTIES INC            | Armada Hoffler Properties Inc                 | CUSIP: 04208T108<br>LEI: 549300WQRSIV6XZT9313 | Long             | EC               | CORP              | US        |    141460 | NS      | $991634.60    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMOUR RESIDENTIAL REIT INC              | ARMOUR Residential REIT Inc                   | CUSIP: 042315705<br>LEI: 549300K0WA0EJUX74V72 | Long             | EC               | CORP              | US        |    171080 | NS      | $2555935.20   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Astronics                                | Astronics Corp                                | CUSIP: 046433108<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |     65780 | NS      | $3000225.80   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ATOSSA THERAPEUTICS INC                  | Atossa Therapeutics Inc                       | CUSIP: 04962H506<br>LEI: 549300QRKP1JTNHD2366 | Long             | EC               | CORP              | US        |    474260 | NS      | $411183.42    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AVANOS MEDICAL INC                       | Avanos Medical Inc                            | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |     78410 | NS      | $906419.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BANDWIDTH INC                            | Bandwidth Inc                                 | CUSIP: 05988J103<br>LEI: 549300QC70JB7MUGXM66 | Long             | EC               | CORP              | US        |     52260 | NS      | $871174.20    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BANC OF CALIFORNIA INC                   | Banc of California Inc                        | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |    194460 | NS      | $3218313.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF MARIN BANCORP                    | Bank of Marin Bancorp                         | CUSIP: 063425102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55506 | NS      | $1347685.68   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BANKUNITED INC                           | BankUnited Inc                                | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |     90552 | NS      | $3455464.32   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| BEAZER HOMES USA INC                     | Beazer Homes USA Inc                          | CUSIP: 07556Q881<br>LEI: 549300DUPYT2T0F60I45 | Long             | EC               | CORP              | US        |     42410 | NS      | $1041165.50   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUELINX                                 | BlueLinx Holdings Inc                         | CUSIP: 09624H208<br>LEI: 549300YSX7GU28F5I540 | Long             | EC               | CORP              | US        |     15729 | NS      | $1149475.32   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON BEER CO INC                       | Boston Beer Co Inc/The                        | CUSIP: 100557107<br>LEI: 529900Q02MQ0DCQNRM58 | Long             | EC               | CORP              | US        |      8851 | NS      | $1871278.42   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| BRANDYWINE                               | Brandywine Realty Trust                       | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |    341760 | NS      | $1425139.20   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| BRILLIANT EARTH GROUP INC                | Brilliant Earth Group Inc                     | CUSIP: 109504100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    125274 | NS      | $259317.18    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AZENTA INC                               | Azenta Inc                                    | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |     65970 | NS      | $1894658.40   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| BRUKER CORP                              | Bruker Corp                                   | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |     61010 | NS      | $1982214.90   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CNB FINANCIAL CORP                       | CNB Financial Corp/PA                         | CUSIP: 126128107<br>LEI: 254900RUYUOKD91VNX69 | Long             | EC               | CORP              | US        |     44464 | NS      | $1076028.80   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTERRA GOLD INC                        | Centerra Gold Inc                             | CUSIP: 000000000<br>LEI: 549300K0HXTMP5JJ0E62 | Long             | EC               | CORP              | CA        |    268370 | NS      | $2875186.25   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRAL PACIFIC FINANCIAL CORP           | Central Pacific Financial Corp                | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |     48099 | NS      | $1459323.66   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTURY COMMUNITIES INC                  | Century Communities Inc                       | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |     29860 | NS      | $1892228.20   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CHATHAM LODGING TRUST                    | Chatham Lodging Trust                         | CUSIP: 16208T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    125800 | NS      | $844118.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEMOURS COMPANY                         | Chemours Co/The                               | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |    126470 | NS      | $2003284.80   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEARWATER PAPER CORP                    | Clearwater Paper Corp                         | CUSIP: 18538R103<br>LEI: 549300HCVV19GXN4P292 | Long             | EC               | CORP              | US        |     35604 | NS      | $739139.04    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CODEXIS INC                              | Codexis Inc                                   | CUSIP: 192005106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    390180 | NS      | $952039.20    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBIA BANKING SYST INC.               | Columbia Banking System Inc                   | CUSIP: 197236102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    118942 | NS      | $3061567.08   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| A-MARK PRECIOUS METALS INC               | A-Mark Precious Metals Inc                    | CUSIP: 00181T107<br>LEI: XP6XYFDZQGKLUMOFGT37 | Long             | EC               | CORP              | US        |     43860 | NS      | $1134658.20   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ANI PHARMACEUTICALS INC                  | ANI Pharmaceuticals Inc                       | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |     21949 | NS      | $2010528.40   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN INC                                 | ASGN Inc                                      | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |     55565 | NS      | $2631002.75   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                 | Acadia Healthcare Co Inc                      | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |     88080 | NS      | $2180860.80   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCE AUTO PARTS INC                   | Advance Auto Parts Inc                        | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |     35887 | NS      | $2203461.80   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRGAIN INC                              | Airgain Inc                                   | CUSIP: 00938A104<br>LEI: 549300LL8ZO53X8A5U98 | Long             | EC               | CORP              | US        |    115408 | NS      | $500870.72    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Alerus Financial                         | Alerus Financial Corp                         | CUSIP: 01446U103<br>LEI: 5493008BXLBPPELQ3G57 | Long             | EC               | CORP              | US        |     61195 | NS      | $1354857.30   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ASSETS TRUST INC                | American Assets Trust Inc                     | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    112187 | NS      | $2279639.84   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN PUBLIC EDUCATION INC            | American Public Education Inc                 | CUSIP: 02913V103<br>LEI: 254900GZNX6TJQGM4S17 | Long             | EC               | CORP              | US        |     40248 | NS      | $1588588.56   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAS CAR-MART INC                    | America's Car-Mart Inc/TX                     | CUSIP: 03062T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26470 | NS      | $773188.70    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICOLD REALTY TRUST INC               | Americold Realty Trust Inc                    | CUSIP: 03064D108<br>LEI: 894500O3S3W62PQPO460 | Long             | EC               | CORP              | US        |    300575 | NS      | $3679038.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| F&G ANNUITIES & LIFE INC                 | F&G Annuities & Life Inc                      | CUSIP: 30190A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100812 | NS      | $3152391.24   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPENSIFY INC                            | Expensify Inc                                 | CUSIP: 30219Q106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    302171 | NS      | $559016.35    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FLYWIRE CORP                             | Flywire Corp                                  | CUSIP: 302492103<br>LEI: 54930055DSV7NNY4VY66 | Long             | EC               | CORP              | US        |    171260 | NS      | $2318860.40   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| First Community                          | First Community Corp/SC                       | CUSIP: 319835104<br>LEI: 549300TC167ECI9SMC70 | Long             | EC               | CORP              | US        |     36343 | NS      | $1025599.46   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST FINL CORP                          | First Financial Corp                          | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19504 | NS      | $1100805.76   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| FORESTAR GROUP INC                       | Forestar Group Inc                            | CUSIP: 346232101<br>LEI: 549300BC2UB0GHV60V70 | Long             | EC               | CORP              | US        |     73770 | NS      | $1961544.30   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| FOSSIL GROUP INC                         | Fossil Group Inc                              | CUSIP: 34988V106<br>LEI: DDMY8YZ6L8UEMS1FDM73 | Long             | EC               | CORP              | US        |    384967 | NS      | $989365.19    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| FULGENT GENETICS INC                     | Fulgent Genetics Inc                          | CUSIP: 359664109<br>LEI: 549300CL6P01M68QJ404 | Long             | EC               | CORP              | US        |     79752 | NS      | $1802395.20   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| GAIA INC                                 | Gaia Inc                                      | CUSIP: 36269P104<br>LEI: 529900QUX8SBA2D93M92 | Long             | EC               | CORP              | US        |    147288 | NS      | $871944.96    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| GENTHERM INC                             | Gentherm Inc                                  | CUSIP: 37253A103<br>LEI: HKM6YX1U5JS60TCUB219 | Long             | EC               | CORP              | US        |     59473 | NS      | $2025650.38   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL INDEMNITY GROUP LLC               | Global Indemnity Group LLC                    | CUSIP: 37959R103<br>LEI: 549300KNR55WEKSPTK65 | Long             | EC               | CORP              | US        |     56264 | NS      | $1634463.57   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAFTECH INTERNATIONAL LTD.              | GrafTech International Ltd                    | CUSIP: 384313607<br>LEI: 549300GY32W00XP57351 | Long             | EC               | CORP              | US        |     62439 | NS      | $800467.98    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| STONEX GROUP INC                         | StoneX Group Inc                              | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |     31789 | NS      | $3208145.88   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COUNTRY AIRLINES HOLDINGS INC        | Sun Country Airlines Holdings Inc             | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |    106038 | NS      | $1252308.78   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| TALOS ENERGY INC                         | Talos Energy Inc                              | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |    265850 | NS      | $2549501.50   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Devices                           | Taylor Devices Inc                            | CUSIP: 877163105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16560 | NS      | $812433.60    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TELADOC HEALTH INC                       | Teladoc Health Inc                            | CUSIP: 87918A105<br>LEI: 549300I2PVFBC9MFAC61 | Long             | EC               | CORP              | US        |    239680 | NS      | $1852726.40   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEFLEX INC                             | Teleflex Inc                                  | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |     30300 | NS      | $3707508.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEPHONE AND DATA SYSTEMS INC           | Telephone and Data Systems Inc                | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100376 | NS      | $3938754.24   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA TECH INC.                          | TETRA Technologies Inc                        | CUSIP: 88162F105<br>LEI: 549300T5W131705EK832 | Long             | EC               | CORP              | US        |    296578 | NS      | $1705323.50   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMON GROUP HOLDINGS INC               | Thermon Group Holdings Inc                    | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |     56362 | NS      | $1505992.64   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| METALLUS INC                             | Metallus Inc                                  | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |     94478 | NS      | $1561721.34   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| TOWNE BANK                               | Towne Bank/Portsmouth VA                      | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |     74617 | NS      | $2579509.69   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TREEHOUSE FOODS INC                      | TreeHouse Foods Inc                           | CUSIP: 89469A104<br>LEI: 5493007M7EVHE470Q576 | Long             | EC               | CORP              | US        |     89750 | NS      | $1813847.50   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| TWIN DISC                                | Twin Disc Inc                                 | CUSIP: 901476101<br>LEI: 549300FR8EHCY14BLP32 | Long             | EC               | CORP              | US        |     67762 | NS      | $944602.28    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TWO HARBORS INVESTMENT CORP              | Two Harbors Investment Corp                   | CUSIP: 90187B804<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EC               | CORP              | US        |    188590 | NS      | $1861383.30   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI CORP                                 | UGI Corp                                      | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |     60550 | NS      | $2013893.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP INDUSTRIES INC                       | UFP Industries Inc                            | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     44356 | NS      | $4146842.44   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL ELECTRONICS INC                | Universal Electronics Inc                     | CUSIP: 913483103<br>LEI: 549300ZW9EULAR7T6F89 | Long             | EC               | CORP              | US        |    136368 | NS      | $635474.88    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL HEALTH REALTY INCOME TRUST     | Universal Health Realty Income Trust          | CUSIP: 91359E105<br>LEI: 549300L4MWZL4IH6H172 | Long             | EC               | CORP              | US        |     24000 | NS      | $940080.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| UPLAND SOFTWARE INC                      | Upland Software Inc                           | CUSIP: 91544A109<br>LEI: 549300NS277POYJ63W89 | Long             | EC               | CORP              | US        |    208857 | NS      | $494991.09    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VISHAY INTERTECH INC.                    | Vishay Intertechnology Inc                    | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |    184580 | NS      | $2824074.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| VISHAY PRECISION GROUP INC               | Vishay Precision Group Inc                    | CUSIP: 92835K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52726 | NS      | $1689868.30   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTEON CORP                             | Visteon Corp                                  | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |     31415 | NS      | $3765401.90   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| VIVID SEATS INC                          | Vivid Seats Inc                               | CUSIP: 92854T209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46405 | NS      | $771251.10    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FERROGLOBE PLC                           | Ferroglobe PLC                                | CUSIP: G33856108<br>LEI: 2138005GCFJACFTZUD90 | Long             | EC               | CORP              | GB        |    305499 | NS      | $1390020.45   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| GATES INDUSTRIAL CORPORATION PLC         | Gates Industrial Corp PLC                     | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |    156370 | NS      | $3881103.40   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| GREENLIGHT CAPITAL RE LTD                | Greenlight Capital Re Ltd                     | CUSIP: G4095J109<br>LEI: 549300Q9HRIFA2BGHJ51 | Long             | EC               | CORP              | KY        |    102373 | NS      | $1300137.10   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HELEN OF TROY LTD                        | Helen of Troy Ltd                             | CUSIP: G4388N106<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     81170 | NS      | $2045484.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-21

**Name of Applicant:** Columbia Funds Variable Insurance Trust

**Signature:** Martha Skinner

**Name of Signer:** Martha Skinner

**Title:** Assistant Treasurer