# EDGAR Filing Document

**Accession Number:** 0000356476
**File Stem:** 0001145549-25-052253
**Filing Date:** 2025-8
**Character Count:** 45581
**Document Hash:** ccb5c53d3b0d3af1f6756f87ddc94d48
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-052253.hdr.sgml**: 20250821

**ACCESSION NUMBER**: 0001145549-25-052253

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250821

**DATE AS OF CHANGE**: 20250821

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EMPOWER FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000356476

**ORGANIZATION NAME:**
- **EIN:** 840876044
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03364
- **FILM NUMBER:** 251239077

**BUSINESS ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 303-737-3000

**MAIL ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GREAT-WEST FUNDS INC
- **DATE OF NAME CHANGE:** 20121005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MAXIM SERIES FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Empower T. Rowe Price Mid Cap Growth Fund (Series ID: S000023733)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000069810 | Investor Class      | MXMGX           |
| C000155760 | Institutional Class | MXYKX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EMPOWER FUNDS, INC.

- **b. Investment Company Act file number:** 811-03364

- **c. CIK number of Registrant:** 0000356476

- **d. LEI of Registrant:** RUYOMHMDMSPQ01U66388

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

  - **Street Address 1:** 8515 E Orchard Road

  - **City:** Greenwood Village

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80111

  - **Telephone number:** 866-831-7129

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

- **a. Name of Series:** Empower T. Rowe Price Mid Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000023733

- **c. LEI of Series:** D0RY0G5O318NQWPNDT69

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $2013822667.61

**Total Liabilities:** $16060499.01

**Net Assets:** $1997762168.60

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000069810 | -0.66%               | 5.05%                | 4.12%                |
| Class ID C000155760 | -0.61%               | 5.11%                | 4.09%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $26835282.41             | $-3697192.70                               |
| Month 2  | $40512854.60             | $77017500.30                               |
| Month 3  | $54704202.25             | $64515530.30                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Dreyfus Instl Resv                        | Dreyfus Instl Resv PFD GOVT INSTL               | CUSIP: 26200X100<br>LEI: 549300FG0OZ5YKPLK622 | Long             | STIV             | RF                | US        |  33464118 | PA      | $33464117.91  | 1.68%             | 2025-07-01      | Variable      | 4.24%                 | No            |                  2 | On Loan: No      |
| SILA NANOTECHNOLOGIES INC                 | CONV PREFERRED STOCK SER.F                      | CUSIP: TC5S9AX42<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     47688 | NS      | $932481.63    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DraftKings Inc.                           | DraftKings Inc. COM CL A                        | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |    642200 | NS      | $27543958.03  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                     | Quanta Services, Inc. COM                       | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     28200 | NS      | $10661855.84  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                       | Ascendis Pharma A/S SPON ADR EACH REP 1 ORD SHS | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |     72900 | NS      | $12582539.95  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corporation                     | Atlassian Corporation CL A                      | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |     76500 | NS      | $15536384.94  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                               | Avantor Inc COM                                 | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1395600 | NS      | $18784776.05  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Bright Horizons Family Solutions Inc Del  | Bright Horizons Family Solutions Inc Del COM    | CUSIP: 109194100<br>LEI: 254900BHOU40CFNXWQ75 | Long             | EC               | CORP              | US        |     60700 | NS      | $7501912.83   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc.                    | Burlington Stores Inc. COM                      | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |     74970 | NS      | $17441020.89  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc                   | Cboe Global Markets Inc COM USD0.01             | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |     74400 | NS      | $17350823.82  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation              | Encompass Health Corporation COM                | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     71400 | NS      | $8755782.10   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc.                              | Gartner Inc. COM                                | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |     42900 | NS      | $17341037.92  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc             | Hilton Worldwide Holdings Inc COM               | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    124200 | NS      | $33079427.97  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                               | Hologic Inc COM                                 | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |    644100 | NS      | $41969556.21  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| J. B. Hunt Transport Services, Inc.       | J. B. Hunt Transport Services, Inc. COM         | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |     83909 | NS      | $12049332.42  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Idex Corporation                          | Idex Corporation COM                            | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |     50400 | NS      | $8848727.99   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Ionis Pharmaceuticals, Inc.               | Ionis Pharmaceuticals, Inc. COM                 | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |    429321 | NS      | $16962472.86  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies, Inc.               | Keysight Technologies, Inc. COM                 | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |    112900 | NS      | $18499794.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corporation         | Lattice Semiconductor Corporation COM           | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |    593900 | NS      | $29095161.00  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc                          | Markel Group Inc COM                            | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |      5300 | NS      | $10586008.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc             | Martin Marietta Materials Inc COM               | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |     38368 | NS      | $21062497.23  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Company, Incorporated         | McCormick & Company, Incorporated COM NON VTG   | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |    187000 | NS      | $14178340.06  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International Inc          | Mettler-Toledo International Inc COM            | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |     18800 | NS      | $22084735.65  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Incorporated         | Microchip Technology Incorporated COM           | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    465200 | NS      | $32736124.05  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare, Inc.                   | Molina Healthcare, Inc. COM USD0.001            | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |     39100 | NS      | $11647889.95  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| The New York Times Company                | The New York Times Company CL A                 | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |    272700 | NS      | $15265745.80  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc.            | Old Dominion Freight Line Inc. COM              | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |    100200 | NS      | $16262460.15  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc.              | Raymond James Financial Inc. COM                | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |    141850 | NS      | $21755534.52  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                    | Roper Technologies Inc COM                      | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |     10300 | NS      | $5838452.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                           | Ross Stores Inc COM                             | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |    178900 | NS      | $22824062.16  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp.                          | Sealed Air Corp. COM                            | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |    335969 | NS      | $10425118.05  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| StandardAero Inc.                         | StandardAero Inc. COM                           | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    232551 | NS      | $7360238.98   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc.                 | Agilent Technologies Inc. COM USD0.01           | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |    277200 | NS      | $32712372.10  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Incorporated                     | Teleflex Incorporated COM                       | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |    205853 | NS      | $24364761.13  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc.                              | Textron Inc. COM                                | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |    394246 | NS      | $31654011.32  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Toast Inc                                 | Toast Inc CL A                                  | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |    482400 | NS      | $21365496.31  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Topbuild Corporation                      | Topbuild Corporation COM                        | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |     17500 | NS      | $5665450.02   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                             | Veralto Corp. COM SHS                           | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |    113800 | NS      | $11488109.80  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services Incorporated | West Pharmaceutical Services Incorporated COM   | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |     14998 | NS      | $3281562.39   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                      | Amphenol Corporation CL'A'COM USD0.001          | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    193700 | NS      | $19127875.00  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc.                     | BWX Technologies Inc. COM                       | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |    148900 | NS      | $21450533.68  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology Inc.                     | Align Technology Inc. COM USD0.0001             | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |     62900 | NS      | $11908857.01  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc.              | Alnylam Pharmaceuticals Inc. COM                | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |    114455 | NS      | $37322630.73  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant Inc.                             | Assurant Inc. COM                               | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |    135900 | NS      | $26838890.98  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                                   | XPO Inc COM                                     | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |     78700 | NS      | $9939023.05   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc.                          | Yum! Brands Inc. COM NPV                        | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |    209770 | NS      | $31083718.27  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                                | Biogen Inc COM                                  | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |     41900 | NS      | $5262220.93   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BioNTech SE                               | BioNTech SE SPONSORED ADS                       | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             | EC               | CORP              | DE        |     71700 | NS      | $7633899.07   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Broadridge Financial Solutions Inc.       | Broadridge Financial Solutions Inc. COM         | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     76800 | NS      | $18664703.77  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corporation                        | Bruker Corporation COM USD0.01                  | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |    319174 | NS      | $13149968.84  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CCC Intelligent Solutions Holdings Inc    | CCC Intelligent Solutions Holdings Inc COM      | CUSIP: 12510Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2001083 | NS      | $18830191.20  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Caris Life Sciences Inc.                  | Caris Life Sciences Inc. COM                    | CUSIP: 142152107<br>LEI: 549300LX5LO78M5VPY43 | Long             | EC               | CORP              | US        |    159436 | NS      | $4260130.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp.                       | Expand Energy Corp. COM                         | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |    120600 | NS      | $14102964.01  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Incorporated                      | Corning Incorporated COM                        | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |    161800 | NS      | $8509062.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                                | Corpay Inc COM SHS                              | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |     46436 | NS      | $15408394.01  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Costar Group Inc                          | Costar Group Inc COM USD0.01                    | CUSIP: 22160N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    219458 | NS      | $17644423.23  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics Inc                          | Cytokinetics Inc COM NEW                        | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |    157300 | NS      | $5197191.98   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominos Pizza Inc.                        | Dominos Pizza Inc. COM                          | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |     65104 | NS      | $29335862.37  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Duolingo Inc                              | Duolingo Inc CL A COM                           | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27000 | NS      | $11070539.72  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corporation                           | EQT Corporation COM                             | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    387800 | NS      | $22616496.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc.                              | Equifax Inc. COM                                | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |     67900 | NS      | $17611222.92  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ESAB Corp.                                | ESAB Corp. COM                                  | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |    180374 | NS      | $21744086.00  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corporation                    | Fair Isaac Corporation COM                      | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |      7600 | NS      | $13892496.22  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortive Corporation                       | Fortive Corporation COM                         | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |    297316 | NS      | $15499083.23  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubspot Inc                               | Hubspot Inc COM                                 | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |     10700 | NS      | $5955940.88   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                   | ITT Inc COM                                     | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |     67200 | NS      | $10538975.98  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                        | Ingersoll Rand Inc COM                          | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |    343600 | NS      | $28580648.03  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp Del                    | Liberty Media Corp Del COM LBTY LIV S C         | CUSIP: 531229722<br>LEI: 549300ZKUTPIBZLWLL89 | Long             | EC               | CORP              | US        |     97300 | NS      | $7896867.96   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp Del                    | Liberty Media Corp Del COM LBTY ONE S C         | CUSIP: 531229755<br>LEI: 549300ZKUTPIBZLWLL89 | Long             | EC               | CORP              | US        |    286550 | NS      | $29944475.00  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment, Inc.           | Live Nation Entertainment, Inc. COM             | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |     23700 | NS      | $3585335.88   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc.                  | Lululemon Athletica Inc. COM                    | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |     36600 | NS      | $8695427.95   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc.                                 | MSCI Inc. COM USD0.01                           | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |     32400 | NS      | $18686376.16  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates Inc                  | Manhattan Associates Inc COM USD0.01            | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |     39608 | NS      | $7821391.92   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear Inc.                            | Maplebear Inc. COM                              | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    196800 | NS      | $8903232.14   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Masimo Corporation                        | Masimo Corporation COM STK USD0.001             | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |     27900 | NS      | $4693337.98   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group Inc                           | Match Group Inc COM                             | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |    257598 | NS      | $7957202.20   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc.                              | MongoDB Inc. CL A                               | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |     16200 | NS      | $3401838.02   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| OneStream Inc                             | OneStream Inc CL A                              | CUSIP: 68278B107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    152468 | NS      | $4314844.40   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Avery Dennison Corporation                | Avery Dennison Corporation COM                  | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |    132600 | NS      | $23267322.10  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corporation                          | Ball Corporation COM                            | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |    419707 | NS      | $23541365.49  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                   | PTC Inc COM                                     | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |    214364 | NS      | $36943491.69  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc.                       | Planet Fitness Inc. CL A                        | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |    221000 | NS      | $24100049.78  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage Inc                          | Pure Storage Inc CL A                           | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |    293900 | NS      | $16922761.79  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| SailPoint Inc.                            | SailPoint Inc. COM                              | CUSIP: 78781J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86732 | NS      | $1982693.50   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG Inc                                   | TPG Inc COM CL A                                | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |    118719 | NS      | $6226811.50   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                       | Texas Roadhouse Inc COM                         | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |     69800 | NS      | $13081217.79  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                           | Ulta Beauty Inc COM STK USD0.01                 | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |     29613 | NS      | $13853553.68  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Vaxcyte Inc                               | Vaxcyte Inc COM                                 | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |    111863 | NS      | $3636666.08   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                         | Veeva Systems Inc CL A COM                      | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |    149856 | NS      | $43155531.15  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics, Inc.                    | Verisk Analytics, Inc. COM USD0.001             | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |     33900 | NS      | $10559850.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc.                    | Waste Connections Inc. COM                      | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |     39100 | NS      | $7300752.03   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                               | Zscaler Inc COM                                 | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |     79100 | NS      | $24832653.72  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc.                  | Zoom Communications Inc. CL A                   | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |    219000 | NS      | $17077620.10  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS Capital Holdings Limited             | AXIS Capital Holdings Limited COM USD0.0125     | CUSIP: G0692U109<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |    105700 | NS      | $10973773.98  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                            | TechnipFMC PLC USD1                             | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |    850763 | NS      | $29300277.73  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd.                      | Viking Holdings Ltd. ORD SHS                    | CUSIP: G93A5A101<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    429461 | NS      | $22885976.42  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CRISPR Therapeutics AG                    | CRISPR Therapeutics AG NAMEN AKT                | CUSIP: H17182108<br>LEI: 506700O6IRRIQLT3W370 | Long             | EC               | CORP              | CH        |    106738 | NS      | $5191736.35   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| On Holding AG                             | On Holding AG NAMEN AKT A                       | CUSIP: H5919C104<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |    170900 | NS      | $8895345.06   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Birkenstock Holding PLC                   | Birkenstock Holding PLC COM SHS                 | CUSIP: M2029K104<br>LEI: 529900CQ8LQKQ7LIT631 | Long             | EC               | CORP              | JE        |    223676 | NS      | $11000385.86  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                     | NXP Semiconductors NV EUR0.20                   | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     64700 | NS      | $14136303.17  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp.         | Booz Allen Hamilton Holding Corp. CL A          | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     68400 | NS      | $7122492.01   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey'S General Stores Inc.               | Casey'S General Stores Inc. COM                 | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |     40911 | NS      | $20875655.94  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DATABRICKS INC                            | CONV PREFERRED STOCK SER.G                      | CUSIP: TC6XLXUH0<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      5763 | NS      | $533077.50    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Cheniere Energy Inc                       | Cheniere Energy Inc COM NEW                     | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |    140300 | NS      | $34165856.38  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| The Cooper Companies, Inc.                | The Cooper Companies, Inc. COM                  | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |    250400 | NS      | $17818463.98  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| QuidelOrtho Corp                          | QuidelOrtho Corp COM                            | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |    183283 | NS      | $5282216.09   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                           | Dollar Tree Inc COM                             | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |    280419 | NS      | $27772698.01  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                  | Ferguson Enterprises Inc COMMON STOCK NEW       | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     85600 | NS      | $18639400.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Holdings Inc.  | MACOM Technology Solutions Holdings Inc. COM    | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41800 | NS      | $5989521.97   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc.                 | MarketAxess Holdings Inc. COM                   | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |     74600 | NS      | $16661163.89  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc.             | Monolithic Power Systems Inc. COM               | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     31900 | NS      | $23331022.38  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corporation             | Paylocity Holding Corporation COM               | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |    126406 | NS      | $22903503.16  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralliant Corp.                            | Ralliant Corp. COM                              | CUSIP: 750940108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     99105 | NS      | $4805612.50   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                                | Reddit Inc CL A                                 | CUSIP: 75734B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86886 | NS      | $13082425.09  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolution Medicines Inc                  | Revolution Medicines Inc COM                    | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Long             | EC               | CORP              | US        |    104900 | NS      | $3859270.98   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| The Trade Desk Inc                        | The Trade Desk Inc COM CL A                     | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |    268300 | NS      | $19314917.10  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc                      | Tradeweb Markets Inc COM USD0.00001 CL A        | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     84000 | NS      | $12297600.01  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                                | TransUnion COM                                  | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |    179469 | NS      | $15793272.00  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc.                   | Tyler Technologies Inc. COM                     | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |     56100 | NS      | $33258323.74  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| UL Solutions Inc.                         | UL Solutions Inc. CLASS A COM SHS               | CUSIP: 903731107<br>LEI: 549300F7CUV5ESKV9P71 | Long             | EC               | CORP              | US        |     85918 | NS      | $6259985.53   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                              | Wingstop Inc COM                                | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |     17800 | NS      | $5993971.99   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcon AG                                  | Alcon AG ORD SHS                                | CUSIP: H01301128<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |    200300 | NS      | $17682484.12  | 0.89%             |  |  |  | No            |                  1 | On Loan: —       |
| Monday.Com Limited                        | Monday.Com Limited SHS                          | CUSIP: M7S64H106<br>LEI: 984500MDAFVD86E3B328 | Long             | EC               | CORP              | IL        |     32100 | NS      | $10094807.98  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-20

**Name of Applicant:** EMPOWER FUNDS, INC.

**Signature:** /s/Kelly New

**Name of Signer:** Kelly New

**Title:** Treasurer, Empower Funds, Inc.